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Page 1
     MOVING FORWARD TO
ACCELERATED GROWTH AND
   STRONGER GOVERNANCE
Page 2
SANGGAHAN DAN BATASAN TANGGUNG JAWAB
Disclaimer and Scope of Responsibilities



Laporan Tahunan 2023 PT Bank Victoria International Tbk            The 2023 Annual Report of PT Bank Victoria International Tbk
(yang selanjutnya disebut Bank Victoria atau Bank) ini disusun     (hereinafter referred to as Bank Victoria or Bank) was prepared
untuk memenuhi ketentuan pelaporan hasil kinerja Bank pada         to meet the requirements of reporting the Bank performance
periode 1 Januari 2023 sampai dengan 31 Desember 2023              results for the period of 1 January 2023 to 31 December 2023
kepada regulator dan pemangku kepentingan. Laporan Tahunan         to the regulator and stakeholders. This Annual Report was
ini antara lain disusun berdasarkan Peraturan Otoritas Jasa        compiled based on Financial Services Authority Regulation
Keuangan No. 29/POJK.04/2016 tentang Laporan Tahunan Emiten        No. 29/POJK.04/2016 on Annual Reports of Issuers or Public
atau Perusahaan Publik dengan muatan konten sesuai Surat           Companies with contents in accordance with Financial Services
Edaran Otoritas Jasa Keuangan No. 16/SEOJK.04/2021 tentang         Authority Circular No. 16/SEOJK.04/2021 on the Form and
Bentuk dan Isi Laporan Tahunan Emiten atau Perusahaan Publik.      Content of Annual Reports of Issuers or Public Companies.


Laporan Tahunan ini memuat pernyataan terkait tujuan, kebijakan,   This Annual Report contains statements related to objectives,
rencana, strategi, serta hasil operasi dan keuangan yang disusun   policies, plans, strategies, and results of operations and finance
berdasarkan data faktual yang dapat dipertanggungjawabkan          compiled based on factual data that is justifiable. In addition, this
kebenarannya. Selain itu, Laporan Tahunan ini juga menyajikan      Annual Report also presents information related to the Bank work
informasi terkait proyeksi kerja Bank di tahun selanjutnya yang    projections for the following year compiled based on prospective
disusun berdasarkan pernyataan-pernyataan prospektif dan           statements and various assumptions regarding the Bank’s future
berbagai asumsi mengenai kondisi mendatang Bank, serta             conditions, as well as the related business environment, which
lingkungan bisnis yang terkait, sehingga dapat mengakibatkan       may result in actual developments that are materially different
perkembangan aktual secara material berbeda dari yang              from those reported. Therefore, the Bank urges stakeholders to
dilaporkan. Oleh karena itu, Bank mengimbau agar pemangku          use the information with discretion in their decision making.
kepentingan dapat menggunakan informasi tersebut secara bijak
dalam pengambilan keputusan.
Page 3
MOVING FORWARD
TO ACCELERATED
GROWTH AND
STRONGER
GOVERNANCE



PT Bank Victoria International Tbk menyambut baik                                                                      2023
setiap potensi pertumbuhan ekonomi dan stabilitas                                            Laporan Tahunan dan Keberlanjutan
                                                                                                Annual and Sustainability Report
sistem keuangan dengan optimis, namun tetap realistis
dan reliabel. Hal ini terlihat dari strategi dan kebijakan       PT Bank Victoria International Tbk welcomes any potential
yang ditempuh Bank yang menekankan pada akselerasi               for economic growth and financial system stability with
pertumbuhan bisnis yang prudent dan berkelanjutan                optimism, but remains realistic and reliable. This can be
melalui inovasi produk dan layanan berbasis digital yang         seen from the strategies and policies adopted by the Bank,
disertai dengan penguatan implementasi tata kelola               which emphasize accelerating prudent and sustainable
perusahaan yang baik dan berkelanjutan, termasuk                 business growth through digital-based product and
manajemen risiko yang komprehensif. Melalui penerapan            service innovation, accompanied by strengthening the
strategi secara ketat namun adaptif, serta bertahap              implementation of good and sustainable corporate
namun terarah, Bank akan mampu meraih pertumbuhan                governance, including comprehensive risk management.
yang sehat dan berkelanjutan.                                    By    implementing        strict-but-adaptive,      gradual-but-
                                                                 directed strategies, the Bank will be able to achieve sound
                                                                 and sustainable growth.




                                                2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      1
Page 4
                                         INNOVATION AND GOVERNANCE FOR
                                         HIGHER LEVEL OF CONVENIENCE BANKING


                                         PT Bank Victoria International Tbk terus menjalankan rencana bisnis yang prudent dengan
                                         mempertimbangkan skala usaha, tingkat kesehatan keuangan, serta arah pertumbuhan ke depan.
                                         Sebagai bentuk perwujudannya, di tahun 2022, Bank melakukan pengembangan secara berkelanjutan
                                         terhadap internet banking dan mobile banking untuk memberikan produk dan layanan yang kompetitif.
                                         Diversifikasi pada portfolio kredit juga dilakukan dengan disertai upaya membangun kredit channeling dan
                                         ekosistem digital lending sebagai salah satu pilar utama pertumbuhan operasional dan keuangan yang
    PT Bank Victoria International Tbk
    Laporan Tahunan 2022 Annual Report
                                         berkelanjutan. Inovasi yang sejalan dengan penyempurnaan sistem tata kelola yang sedang berjalan ini
                                         diyakini akan membawa Bank naik pada posisi yang lebih tinggi di industri perbankan nasional.


    2022                                 PT Bank Victoria International Tbk keeps executing a sensible business strategy while taking into account
                                         the size of the company, its level of financial stability, and its projected growth paths. In order to provide
                                         customers with competitive goods and services, the Bank continue to improve its internet banking and
                                         mobile banking in 2022. The diversification of the credit portfolio has also undertaken along with efforts
                                         to create credit channeling and digital lending ecosystems as one of the key foundations of sustainable
                                         operational and financial growth. The Bank is expected to leveling up in the national banking sector as a
                                         result of this innovation, which is in line with the continual improvement of the governance system.




                                         INNOVATION AND GOVERNANCE
                                         FOR HIGHER LEVEL OF CONVENIENCE BANKING


                                         Dalam menghadapi dinamika bisnis dan ketidakpastian ekonomi yang masih berlanjut di tahun 2021,
                                         PT Bank Victoria International Tbk mempercepat perubahan dalam memberikan layanan serta menghadirkan
                                         produk dan aktivitas baru yang sesuai dengan kebutuhan nasabah. Bank dengan cepat beradaptasi terhadap
                                         pola bisnis digital dengan membudayakan Safe (keamanan), Quick (kecepatan), Easy (kemudahan), and
                                         Warm (kenyamanan dan kedekatan) pada sisi layanan, produk, proses, cara kerja, nuansa, dan lainnya.
                                         Transformasi struktural dan fundamental ini disertai dengan upaya mencari sumber pertumbuhan yang sehat
                                         dan cepat melalui pengembangan porsi simpanan deposan retail serta peningkatan kualitas kredit pada
                                         segmen UKM dan komersial yang dipandang memiliki prospek pertumbuhan yang baik. Strategi ini ditunjang
                                         dengan optimalisasi pemanfaatan fitur Internet Banking and Mobile Banking (IBMB) serta Internet Banking

      2021                               Business (ViBiz) yang telah dimiliki Bank. Seluruh kebijakan dan strategi tersebut diimplementasikan dengan
                                         prinsip kehati-hatian serta mempertimbangkan arah pertumbuhan usaha yang berkelanjutan, penerapan tata
                                         kelola perusahaan yang baik, serta penciptaan nilai bagi seluruh pemangku kepentingan.

                                         In facing the ongoing business dynamics and economic uncertainty in 2021, PT Bank Victoria International Tbk
                                         accelerated its changes in providing services and presenting new products and activities that suit customer
                                         needs. The Bank quickly adapts to the digital business patterns by cultivating Safe (security), Quick (speed),
                                         Easy (convenience), and Warm (comfort and proximity) in terms of services, products, processes, working
                                         methods, nuances, and others. This structural and fundamental transformation is supported by efforts
                                         to find sources of sound and fast growth through developing retail depositors’ portion and improving
                                         loan quality in SME and commercial segments which are deemed as having good growth prospects.
                                         These strategies are supported by optimizing the utilization of the Bank’s Internet Banking and Mobile
                                         Banking (IBMB) and Internet Banking Business (ViBiz) features. All of these policies and strategies are
                                         implemented with prudence principles and with due observance to the direction of sustainable business
                                         growth, implementation of good corporate governance, and value creation for all stakeholders.




2      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 5
Keunggulan Kompetitif
Competitive Advantages




       Memiliki Jaringan
    Kantor Operasional yang
    Berfokus pada Penetrasi
             Pasar
   Having Operational Office
   Network that Focuses on
     Market Penetration




      Menerapkan Good Personal Customer Relation
      Approach (Relationship Banking)
      Implementing the Good Personal Customer
      Relation Approach (Relationship Banking)
                                                                               Inovasi Produk
                                                                                dan Layanan
                                                                            Product and Service
                                                                                Innovations




                                                                                   Manajemen yang Kuat,
                                                                                   Berpengalaman dan Berdedikasi
                                                                                   dengan Visi dan Misi Baru, serta
                                                                                   Memiliki Komitmen Tinggi pada
                                                                                   Peningkatan Penerapan GCG
                                                                                   Strong, Experienced, and
                                                                                   Dedicated Management with
     Memiliki Tingkat                 Memiliki Potensi Sinergi
                                                                                   New Vision and Mission, as
   Kecukupan Modal yang              dan Saling Menguntungkan
                                                                                   well as High Commitment on
          Kuat                       dengan Seluruh Grup Usaha
                                                                                   Improving GCG implementation
   Having Strong Capital                Potential Synergy and
        Adequacy                       Mutual Benefits with All
                                          Business Groups




                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   3
Page 6
Komitmen dan Strategi Keberlanjutan
Sustainability Commitment and Strategy



Sebagai lembaga keuangan, Bank Victoria menyadari pentingnya           As a financial institution, Bank Victoria realizes the importance
isu penerapan keuangan berkelanjutan dengan mengedepankan              of issue of implementing sustainable finance by prioritizing the
prinsip triple bottom line dalam kegiatan usaha Bank, yakni            triple bottom line principles in the Bank’s business activities. The
people, profit dan planet. Di mana aspek ekonomi, sosial dan           principles are people, profit, and planet, in which economic, social,
lingkungan hidup merupakan 3 (tiga) hal yang seharusnya                and environmental aspects are 3 (three) matters that should work
berjalan selaras dengan tetap menjalankan tata kelola yang baik.       in harmony while maintaining a good governance. On such basis,
Atas dasar tersebut, Bank Victoria terus berkomitmen untuk             Bank Victoria is constantly committed to becoming a financial
menjadi lembaga keuangan yang memberikan pertumbuhan                   institution that provides sustainable economic and business
ekonomi dan bisnis yang berkesinambungan bagi seluruh lapisan          growth for all society levels through inclusive services, providing
masyarakat melalui layanan inklusi, memberi dampak positif             a positive impact on society by increasing financial literacy,
kepada masyarakat dengan meningkatkan literasi keuangan,               providing environmentally responsible financing, establishing
memberikan pembiayaan yang bertanggung jawab terhadap                  best working conditions for employees, as well as implementing
lingkungan, menciptakan kondisi kerja terbaik bagi karyawan,           good business ethics by complying with the applicable laws and
serta menerapkan etika bisnis yang baik dengan mematuhi                regulations.
peraturan dan perundang-undangan yang berlaku.


Seluruh tujuan dari penerapan keuangan berkelanjutan Bank              All objectives of the Bank’s implementation of sustainable
pada hakikatnya selaras dengan berbagai rumusan tujuan yang            finance are essentially in line with various goal formulations set
terdapat dalam Tujuan Pembangunan Berkelanjutan (SDGs).                out in the Sustainable Development Goals (SDGs). Therefore, as a
Oleh karena itu, sebagai wujud nyata komitmen Bank terhadap            concrete manifestation of the Bank’s commitment to sustainable
pembangunan berkelanjutan dan penerapan prinsip keuangan               development and implementation of sustainable finance
berkelanjutan, Bank Victoria telah menyusun program atau               principles, Bank Victoria has prepared a long-term program or
rencana kerja jangka panjang yang termuat dalam Rencana Aksi           work plan which is set out in the Sustainable Finance Action Plan
Keuangan Berkelanjutan (RAKB).                                         (RAKB).


RAKB menjadi pedoman dalam penerapan keuangan                          RAKB is a guideline for implementing sustainable finance at
berkelanjutan di Bank Victoria agar berjalan secara terarah            Bank Victoria so that it runs in a directed and measurable
dan terukur, sesuai dengan target yang telah direncanakan.             manner, according to the planned targets. The implementation
Pelaksanaan pada tahun 2023 dilakukan sesuai RAKB Tahun                in 2023 was carried out in accordance with the 2023-2027 RAKB
2023-2027 yang disampaikan kepada Otoritas Jasa Keuangan               which was submitted to the Financial Services Authority on
pada tanggal 30 November 2022.                                         30 November 2022.



Prioritas Penerapan Keuangan Berkelanjutan                             Priority of Sustainable Finance Implementation

RAKB yang telah disusun mengandung beberapa prioritas                  The RAKB that has been prepared consists of the main priorities
utama dalam penerapan keuangan berkelanjutan, sebagaimana              in applying sustainable finance, as described below:
diuraikan berikut:
1. Pengembangan Kapasitas Internal Bank                                1. Bank’s Internal Capacity Development
    Untuk meningkatkan kualitas penerapan prinsip keuangan                To improve the implementation quality of the sustainable
    berkelanjutan yang dilakukan, maka kami senantiasa                    finance principles, we strive to increase personnel’s
    berupaya untuk meningkatkan pemahaman seluruh karyawan                understanding through various competency development
    melalui berbagai kegiatan pengembangan kompetensi yang                activities organized by both internal and external parties of
    diselenggarakan, baik oleh pihak internal maupun eksternal            the Bank. Gradually, all employees have attended competence
    Bank. Secara bertahap, seluruh karyawan telah mendapatkan             development programs and understood sustainable finance
    pengembangan kompetensi dan memahami perihal                          issues in accordance with the Bank’s business complexity in
    keuangan berkelanjutan yang sesuai dengan kompleksitas                2024.
    usaha Bank pada tahun 2024.




4         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 7
    Selain kegiatan pengembangan kompetensi terkait keuangan                   In addition to competence development activities related to
    berkelanjutan di internal Bank, kami juga melakukan                        sustainable finance within the Bank, we have also adjusted
    penyesuaian tugas dan tanggung jawab karyawan yang telah                   employees’ duties and responsibilities which have been fully
    dilaksanakan secara keseluruhan sejak tahun 2021.                          carried out since 2021.


2. Penyesuaian Peraturan Internal Bank                                     2. Adjustment to the Bank’s Internal Regulations
   Bank akan melakukan penyesuaian peraturan internal                         The Bank will adjust internal regulations including policies
   mencakup kebijakan serta prosedur terkait praktik operasional              and procedures related to environmentally- friendly banking
   perbankan yang ramah lingkungan dan sesuai dengan prinsip                  operational practices, in line with the sustainable finance
   keuangan berkelanjutan. Adapun pelaksanaannya akan                         principles. The implementation began in 2023 with the
   dilakukan sejak tahun 2023 dengan tahapan sebagai berikut:                 following stages.


           2023         Mapping & Review

                        Menyempurnakan Kebijakan Manajemen Risiko Keuangan Berkelanjutan dengan Memasukkan Aspek Risiko Lingkungan Hidup
           2024         dan Sosial
                        Refining the Sustainable Finance Risk Management Policy by Incorporating Environmental and Social Risk Aspects

           2025         Mapping & Review

                        Mengintegrasikan Aspek Lingkungan Hidup dan Sosial dalam Kebijakan Tata Kelola Perusahaan
           2026
                        Integrating Environmental and Social Aspects in the Corporate Governance Policy


3. Pengembangan Bisnis yang Mendukung Keuangan                             3. Business Development that Supports Sustainable Finance
   Berkelanjutan
   Dalam     rangka     mendukung      penerapan   keuangan                    To support the implementation of sustainable finance, the
   berkelanjutan, Bank berkomitmen untuk mendanai proyek                       Bank is committed to funding environmentally friendly
   bisnis yang ramah lingkungan sebanyak 11% dari kredit yang                  business projects by 11% of the credit provided to the
   diberikan untuk sektor industri pengolahan.                                 processing industry sector.


4. Kegiatan Pendukung Keuangan Berkelanjutan                               4. Sustainable Finance Support Activities
   Bank melakukan berbagai kegiatan pendukung dalam upaya                     The Bank carries out various supporting activities in
   penerapan keuangan berkelanjutan seperti efisiensi kegiatan                implementing sustainable finance such as efficiency of daily
   operasional sehari-hari serta kegiatan tanggung jawab sosial               operational activities and corporate social responsibility
   perusahaan (CSR) yang sejalan dengan prinsip keuangan                      (CSR) activities aligned with Bank Victoria’s sustainable
   berkelanjutan Bank Victoria.                                               finance principles.



RAKB Bank Victoria Tahun 2023-2027                                         Bank Victoria’s RAKB 2023-2027

Bank Victoria telah menyusun aksi keberlanjutan yang akan                  Bank Victoria has formulated sustainable actions to be
dilaksanakan berdasarkan prioritas keuangan berkelanjutan                  implemented based on sustainable finance priorities. The
yang dimiliki. Periode pelaksanaannya dimulai sejak tahun 2023             implementation period starts from 2023 to 2027 with various
hingga tahun 2027 dengan berbagai program yang ditunjukkan                 programs as shown below:
sebagai berikut:




                                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk       5
Page 8
Program Pertama: Pengembangan Kapasitas                                        First Program: Bank’s Internal Capacity
Internal Bank                                                                  Development

Pencapaian target RAKB perlu didukung oleh pemahaman setiap                    RAKB target achievement needs to be supported by each party’s
pihak, baik karyawan maupun debitur terkait prinsip-prinsip                    understanding, employees and debtors, regarding the sustainable
keuangan berkelanjutan yang diterapkan Bank. Selanjutnya,                      finance principles applied by the Bank. Furthermore, adjustments
dilakukan penyesuaian tugas bagi karyawan yang bertanggung                     were made to duties of employees responsible for implementing
jawab terhadap penerapan keuangan berkelanjutan di lingkungan                  sustainable finance within Bank Victoria.
kerja Bank Victoria.


                                   Indikator                                   Target                            Penanggung
     Uraian Kegiatan
                                  Keberhasilan                                                                     Jawab          Target SDGs
      Description of                                                                                                              SDGs Target
                                   Indicator of          2023       2024        2025       2026       2027        Person in
        Activities
                                     Success                                                                       Charge
 Training of trainers.         Menjadi bagian dari Training Perihal Keuangan Berkelanjutan.
                               Becoming part of the Sustainable Finance Training.

 Pelatihan terkait penerapan   • Pengurangan             100%        100%       100%          80%     100%      Human Capital
 prinsip keuangan                penggunaan botol                                                               Management &
 berkelanjutan untuk pihak       minum plastik;                                                                 General Affair
 internal.                     • Penghematan
 Training related to the         energi; dan
 application of sustainable    • Pelaksanaan
 finance principles for          pelatihan keuangan
 internal parties.               berkelanjutan.
                               • Reduction in the
                                 usage of plastic
                                 drinking bottles;
                               • Energy savings; and
                               • The organization
                                 of training in
                                 sustainable finance.

 Pelatihan untuk pihak         Pembinaan bagi              80%       100%       100%       100%       100%      Human Capital
 eksternal yang bekerja        debitur atau                                                                     Management
 sama dengan Divisi Bisnis.    calon debitur                                                                    & Divisi Bisnis
 Training for external         terkait keuangan                                                                 / Business
 parties cooperating with      berkelanjutan.                                                                   Division
 the Business Division.        Development
                               activities for debtors
                               or potential debtors
                               related to sustainable
                               finance.

 Penyesuaian uraian            Penyusunan key            100%        100%       100%       100%       100%      Human Capital
 tugas terkait keuangan        performance indicator                                                            Management
                                                                                                                                        -
 berkelanjutan.                (KPI) serta uraian
 Adjustments to the            tugas dan tanggung
 description of duties         jawab yang jelas.
 related to sustainable        Preparing key
 finance.                      performance
                               indicators (KPIs) and
                               clear description
                               of duties and
                               responsibilities.

 Tantangan                     Program ini yakni melibatkan berbagai pihak sehingga sulit untuk mengatur waktu pelatihan dari setiap Divisi.
 Challenges                    This program involves various parties, making it difficult to arrange training times for each Division.

 Strategi/Rencana ke Depan     Mengadakan pelatihan dalam beberapa batch sehingga memungkinkan para pemangku kepentingan dapat mengikuti
 Future Strategies/Plans       kegiatan pelatihan.
                               Hold training in several batches to enable stakeholders to participate in training activities.




6          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 9
Program Kedua: Penyesuaian Peraturan Internal                                  Second Program: Adjustment To The Bank’s
Bank                                                                           Internal Regulations
Peraturan internal Bank yang sesuai dengan prinsip-prinsip                     Bank’s internal regulations that comply with sustainable finance
keuangan berkelanjutan merupakan hal yang penting                              principles are important in achieving the goal of implementing
dalam mencapai tujuan penerapan keuangan berkelanjutan                         sustainable finance at Bank Victoria.
di Bank Victoria.



                                   Indikator                                   Target                        Penanggung
     Uraian Kegiatan
                                  Keberhasilan                                                                 Jawab             Target SDGs
      Description of                                                                                                             SDGs Target
                                   Indicator of           2023       2024      2025      2026      2027        Person in
        Activities
                                     Success                                                                    Charge
 Penyesuaian kebijakan         Penyesuaian                87%        100%      100%      100%      100%      Compliance
 dan/atau SOP yang terkait     kebijakan dan/atau                                                            & System
                                                                                                                                       -
 keuangan berkelanjutan.       SOP yang terkait                                                              Procedure dan
 Adjustments to policies       dengan keuangan                                                               Unit Terkait /
 and/or SOP related to         berkelanjutan dengan                                                          and Related
 sustainable finance.          rencana kerja 5                                                               Unit
                               tahunan Bank.
                               Adjustments to
                               policies and/or
                               SOP concerning
                               sustainable finance
                               to the Bank’s 5-year
                               work plan.

 Tantangan                     Keterbatasan waktu yang tersedia untuk menyesuaikan peraturan internal dengan prinsip-prinsip keuangan
 Challenges                    berkelanjutan.
                               Limited time available to adjust the internal regulations to sustainable finance principles.

 Strategi/Rencana ke Depan     Menetapkan timeline program serta melibatkan para pemangku kepentingan dalam proses penentuan dan
 Future Strategies/Plans       penyesuaian peraturan internal.
                               Determining the program timeline and involving stakeholders in the process of determining and adjusting internal
                               regulations.



Program Ketiga: Pengembangan Bisnis yang                                       Third Program: Business Development That
Mendukung Keuangan Berkelanjutan                                               Supports Sustainable Finance
Bank berkomitmen untuk mendorong pertumbuhan ekonomi                           The Bank is committed to encouraging economic growth through
melalui pembiayaan usaha yang tergolong kegiatan usaha                         financing business classified as a sustainable business activity.
berkelanjutan.


                                   Indikator                                   Target                        Penanggung
     Uraian Kegiatan
                                  Keberhasilan                                                                 Jawab             Target SDGs
      Description of                                                                                                             SDGs Target
                                   Indicator of           2023       2024      2025      2026      2027        Person in
        Activities
                                     Success                                                                    Charge
 Pembiayaan pada industri      Dilakukan Perubahan Uraian Kegiatan.
 manufaktur.                   Changes to the Description of Activity.
 Financing for manufacturing
 industry.

 Pembiayaan terhadap           Pembiayaan kepada           + 50       + 50      + 75      + 75      + 75     SME,
 Usaha yang mendukung          debitur yang memenuhi      Miliar     Miliar    Miliar    Miliar    Miliar    Commercial
 keuangan berkelanjutan.       kriteria kegiatan usaha    Billion    Billion   Billion   Billion   Billion   Banking,
 Financing for Businesses      berkelanjutan sesuai                                                          Multifinance
 that support sustainable      dengan SDGs.                                                                  and
 finance.                      Financing to debtors                                                          Commercial
                               who meet the criteria                                                         Banking, dan /
                               for sustainable business                                                      and Corporate
                               activities in accordance                                                      Banking.
                               with the SDGs.




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk          7
Page 10
                                 Indikator                                 Target                          Penanggung
    Uraian Kegiatan
                                Keberhasilan                                                                 Jawab                Target SDGs
     Description of                                                                                                               SDGs Target
                                 Indicator of         2023       2024       2025      2026       2027        Person in
       Activities
                                   Success                                                                    Charge




Tantangan                    Terbatasnya waktu untuk melakukan pengembangan bisnis melalui penyediaan layanan perbankan kepada debitur
Challenges                   yang berwawasan lingkungan.
                             Limited time to carry out business development through the provision of banking services to the environmentally
                             sound debtors.

Strategi/Rencana ke Depan    Melakukan upaya pemetaan pembiayaan yang didukung kebijakan terkait keuangan berkelanjutan.
Future Strategies/Plans      Carry out financing mapping efforts that are supported by policies related to sustainable finance.



Program Keempat: Kegiatan Pendukung Keuangan                                Fourth Program: Sustainable Finance Support
Berkelanjutan                                                               Activities
Bank melakukan berbagai kegiatan pendukung untuk                            The Bank carries out various supporting activities to optimally
memaksimalkan manfaat dari penerapan prinsip-prinsip                        manage the benefits of implementing sustainable finance
keuangan berkelanjutan yang dilakukan.                                      principles.


                                 Indikator                                 Target                          Penanggung
    Uraian Kegiatan
                                Keberhasilan                                                                 Jawab                Target SDGs
     Description of                                                                                                               SDGs Target
                                 Indicator of         2023       2024       2025      2026       2027        Person in
       Activities
                                   Success                                                                    Charge
Program CSR.                 CSR berkelanjutan         10%        12%       15%        15%        15%      Human Capital
CSR Program.                 di bidang kesehatan,                                                          Management &
                             pendidikan, dan sosial                                                        General Affair
                             kemasyarakatan.
                             Sustainable CSR in
                             health, education, and
                             social community.

Kebijakan penghematan        Penghematan               16%        20%       22%        22%        22%      General Affair
kertas.                      kertas dengan
Policies for paper saving.   penggunaan surat
                             elektronik.
                             Paper saving by using
                             electronic mails.

Tantangan                    Terbatasnya aktivitas pelaksanaan program CSR akibat adanya Pandemi Covid-19, sehingga mempersulit pengukuran
Challenges                   dampak kegiatan bagi masyarakat.
                             Limited CSR program implementation activities due to the Covid-19 pandemic, making it difficult to measure the
                             impact of activities on society.

Strategi/Rencana ke Depan    Melakukan pengukuran melalui survei lapangan atau memanfaatkan data yang dikeluarkan instansi lain yang terkait.
Future Strategies/Plans      Measure by conducting field surveys or utilizing data issued by other relevant agencies.




8         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 11
Penentuan Isi dan Topik Material Laporan
Keberlanjutan
Determining Contents and Material Topics of The Sustainability Report


Pelibatan Pemangku Kepentingan                                           Stakeholders Engagement

Pemangku kepentingan memiliki peranan yang penting dalam                 Stakeholders play an important role in implementing sustainability
penerapan keberlanjutan di lingkungan Bank Victoria. Oleh                within Bank Victoria. Therefore, in every decision making, the
karena itu, dalam setiap pengambilan keputusan, Bank senantiasa          Bank always pays attention to the interests and aspirations
memperhatikan kepentingan dan aspirasi para pemangku                     of stakeholders. The Bank has identified and determined the
kepentingan. Bank telah mengidentifikasi dan menentukan                  parties included in the stakeholder groups along with the Bank’s
pihak-pihak yang termasuk dalam kelompok pemangku                        response in meeting the needs of each stakeholder group, as
kepentingan beserta dengan respons Bank dalam memenuhi                   described below:
kebutuhan masing-masing kelompok pemangku kepentingan
tersebut, sebagaimana diuraikan berikut:


    Kelompok                                               Respons terhadap
                                                                                                                           Frekuensi
    Pemangku            Kebutuhan Pemangku                Kebutuhan Pemangku
                                                                                               Metode Pelibatan           Pelaksanaan
   Kepentingan              Kepentingan                       Kepentingan
                                                                                             Engagement Methods         Implementation
   Stakeholders          Stakeholders Needs             Respond to Stakeholders
                                                                                                                          Frequency
      Group                                                     Needs
 Nasabah             • Kualitas produk dan jasa       • Mengembangkan produk dan           • Pelaksanaan customer       Sepanjang tahun
 Customers             perbankan;                       jasa Bank;                           gathering;                 atau sesuai
                     • Keamanan transaksi perbankan   • Meningkatkan keandalan             • Pelaksanaan survei         kebutuhan.
                       mencakup dana dan informasi      teknologi informasi yang             kepuasan nasabah; serta    All year round or as
                       nasabah;                         digunakan;                         • Penyediaan sarana          needed.
                     • Informasi yang jelas dan       • Memastikan keamanan produk           pengaduan bagi nasabah.
                       transparan; serta                dan jasa yang diberikan; serta     • Organizing customer
                     • Reward bagi nasabah.           • Mengadakan program undian            gathering event;
                     • Quality of banking products      berhadiah.                         • Conducting customer
                       and services;                  • Developing the Bank’s                satisfaction survey; and
                     • Security of banking              products and services;             • Providing complaint
                       transactions including         • Improving the reliability of the     channel for customers.
                       the customer’s funds and         information technology used;
                       information;                   • Ensuring the safety the
                     • Clear and transparent            products and services
                       information; and                 provided; and
                     • Reward for customers.          • Organizing a lucky.




                                                      2023 Annual and Sustainability Report | PT Bank Victoria International Tbk               9
Page 12
      Kelompok                                                 Respons terhadap
                                                                                                                                   Frekuensi
      Pemangku            Kebutuhan Pemangku                  Kebutuhan Pemangku
                                                                                                   Metode Pelibatan               Pelaksanaan
     Kepentingan              Kepentingan                         Kepentingan
                                                                                                 Engagement Methods             Implementation
     Stakeholders          Stakeholders Needs                Respond to Stakeholders
                                                                                                                                  Frequency
        Group                                                        Needs

Karyawan              • Pemenuhan hak                      • Memenuhi kontrak kerja dan        • Penyelenggaraan gathering      Sepanjang tahun
Employee                ketenagakerjaan;                     perjanjian kerja bersama;           karyawan dan focus group       atau sesuai rencana
                      • Pemenuhan aspek kesehatan          • Memastikan kecukupan sarana         discussion (FGD);              pelaksanaan
                        dan keselamatan kerja (K3);          dan prasarana K3, termasuk        • Penyediaan whistleblowing      program.
                      • Pengembangan kompetensi              upaya pencegahan penyebaran         system (WBS) untuk             All year round or
                        dan karier; serta                    virus Covid-19 di lingkungan        melaporkan pelanggaran         according to the
                      • Kepuasan kerja.                      kerja;                              praktik ketenagakerjaan di     program
                      • Fulfillment of employees’          • Melaksanakan pengembangan           lingkungan Bank;               implementation
                        rights;                              kompetensi, penilaian kinerja,    • Pelaksanaan berbagai           plan.
                      • Fulfillment of occupational          dan pengembangan karier;            kegiatan pendidikan dan
                        health and safety (OHS)            • Menyampaikan kebijakan              pelatihan, serta promosi
                        aspect;                              terbaru Bank kepada seluruh         atau mutasi; serta
                      • Competency and career                karyawan; serta                   • Pelaksanaan survei
                        development; and                   • Menyelenggarakan program            kepuasan karyawan.
                      • Job satisfaction.                    beasiswa bagi anak karyawan.      • Organizing employee
                                                           • Fulfilling work contracts and       gathering and focus group
                                                             collective labor agreements;        discussion (FGD);
                                                           • Ensuring the adequacy of OHS      • Provision of a
                                                             facilities and infrastructures,     whistleblowing system
                                                             including the measures to           (WBS) to report violations
                                                             prevent Covid-19 outbreak in        of labor practice within the
                                                             the work environment;               Bank;
                                                           • Conducting competency             • Implementation of various
                                                             development, performance            educational and training
                                                             assessment, and career              activities, as well as
                                                             development;                        promotions or transfers; and
                                                           • Delivering the latest Bank        • Implementation of
                                                             policies to all employees; and      employee satisfaction
                                                           • Providing scholarships for          survey.
                                                             employees’ children.

Pemerintah dan        • Kepatuhan terhadap peraturan       • Memastikan pemenuhan              • Penyampaian Laporan            Sesuai waktu yang
Regulator               yang berlaku; serta                  seluruh peraturan yang berlaku      Tahunan, Laporan               ditentukan, sesuai
Government and        • Pemenuhan kewajiban                  bagi Bank;                          Keberlanjutan, Laporan         kebutuhan, atau
Regulator               perpajakan.                        • Meningkatkan kualitas               GCG, dan laporan lainnya;      setiap tahun.
                      • Compliance with the                  pelaksanaan tata kelola             serta                          According to the
                        applicable regulations; and          perusahaan (GCG); serta           • Pembayaran dan pelaporan       time set, needs, or
                      • Fulfillment of taxation            • Membayar pajak dan                  pajak dan PNBP.                annually.
                        obligations.                         penerimaan negara bukan           • Submission of Annual
                                                             pajak (PNBP).                       Report, Sustainability
                                                           • Ensuring compliance with all        Report, GCG Report, and
                                                             regulations applicable to the       other reports; and
                                                             Bank;                             • Payment and reporting of
                                                           • Improving the quality of            taxes and PNBP.
                                                             corporate governance (GCG)
                                                             implementation; and
                                                           • Paying taxes and non-tax state
                                                             revenue (PNBP).

Pemegang Saham        • Kinerja keuangan dan               • Menyusun Rencana Bisnis Bank      • Pelaksanaan Rapat Umum         Sesuai waktu yang
dan Investor            non-keuangan;                        (RBB) dan RAKB;                     Pemegang Saham (RUPS);         ditentukan, sesuai
Shareholders and      • Keberlanjutan usaha; serta         • Menjaga kinerja Bank tetap        • Penyampaian Laporan            kebutuhan, atau
Investors             • Informasi yang jelas dan terkini     optimal dan sesuai target,          Tahunan dan Laporan            setiap tahun.
                        terkait arah strategis Bank.         dengan memperhatikan                Keberlanjutan; serta           According to the
                      • Financial and non- financial         aspek ekonomi, sosial, dan        • Akses informasi dalam situs    time set, needs, or
                        performance;                         lingkungan; serta                   web Bank.                      annually.
                      • Business sustainability; and       • Menyampaikan informasi            • Convention of the General
                      • Clear and updated information        mutakhir secara transparan.         Meeting of Shareholders
                        related to the Bank’s strategic    • Preparing the Bank’s Business       (GMS);
                        direction.                           Plan (RBB) and RAKB;              • Submission of Annual
                                                           • Maintaining the Bank’s              Report and Sustainability
                                                             performance to keep optimal         Report; and
                                                             and on target, by considering     • Access to information on
                                                             the economic, social, and           the Bank’s website.
                                                             environmental aspects; and
                                                           • Delivering the latest
                                                             information transparently.




10         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 13
   Kelompok                                                Respons terhadap
                                                                                                                             Frekuensi
   Pemangku            Kebutuhan Pemangku                 Kebutuhan Pemangku
                                                                                              Metode Pelibatan              Pelaksanaan
  Kepentingan              Kepentingan                        Kepentingan
                                                                                            Engagement Methods            Implementation
  Stakeholders           Stakeholders Needs              Respond to Stakeholders
                                                                                                                            Frequency
     Group                                                       Needs

Mitra Usaha         • Pemenuhan kontrak kerja;         • Melakukan kerja sama yang        • Perumusan kontrak kerja       Sepanjang tahun
Business Partners     serta                              adil dan transparan sesuai         sama; serta                   atau sesuai
                    • Kepuasan kerja sama.               dengan peraturan dan kontrak     • Pelaksanaan pertemuan         kebutuhan.
                    • Fulfillment of work contracts;     kerja yang berlaku; serta          berkala.                      All year round or as
                      and                              • Membangun hubungan kerja         • Formulation of cooperation    needed.
                    • Cooperation satisfaction.          yang harmonis dengan mitra         contract; and
                                                         usaha.                           • Organizing regular
                                                       • Conducting fair and                meetings.
                                                         transparent cooperation in
                                                         accordance with the applicable
                                                         regulations and work
                                                         contracts; and
                                                       • Building harmonious working
                                                         relationship with business
                                                         partners.

Masyarakat          • Informasi aktivitas dan          • Melibatkan masyarakat dalam      • Pelaksanaan berbagai          Sesuai rencana
Community             perkembangan usaha Bank;           program kemitraan dan aksi         program pengembangan          pelaksanaan atau
                      serta                              sosial Bank;                       masyarakat dan kemitraan;     sesuai kebutuhan.
                    • Peningkatan kesejahteraan        • Memberikan kesempatan kerja;     • Penyediaan sarana             According to the
                      masyarakat.                        serta                              pengaduan bagi masyarakat;    implementation plan
                    • Information on the Bank’s        • Menyampaikan informasi             dan                           or as necessary.
                      business activities and            mutakhir dalam media sosial      • Penyediaan akses informasi
                      development; and                   Bank.                              dalam media sosial Bank.
                    • Improvement of public health.    • Engaging the community in        • Conducting various
                                                         partnership program and the        community and partnership
                                                         Bank’s social acts;                development programs;
                                                       • Providing job opportunities;     • Providing complaint
                                                         and                                channel for communities;
                                                       • Delivering latest information      and
                                                         on the Bank’s social media.      • Providing access to
                                                                                            information on the Bank’s
                                                                                            social media.

Media               • Kinerja keuangan dan             Menyediakan informasi secara       • Pelaksanaan paparan publik    Sesuai kebutuhan.
                      non-keuangan Bank; serta         transparan dan relevan melalui       dan media gathering; serta    As necessary.
                    • Informasi terkait                media sosial Bank.                 • Pemutakhiran informasi
                      perkembangan Bank.               Providing information                pada media sosial Bank.
                    • The Bank’s financial and         transparently and relevantly       • Conducting public expose
                      non-financial performance; and   through the Bank’s social media.     and organizing media
                    • Information related to the                                            gathering; and
                      Bank’s development.                                                 • Updating information on the
                                                                                            Bank’s social media.




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                11
Page 14
Daftar Isi
Table of Contents

Sanggahan dan Batasan Tanggung Jawab / Disclaimer and Scope of Responsibilities                                                                          ii
Keunggulan Kompetitif / Competitive Advantages                                                                                                           3
Komitmen dan Strategi Keberlanjutan / Sustainability Commitment and Strategy                                                                             4
Penentuan Isi dan Topik Material Laporan Keberlanjutan / Determining Contents and Material Topics of The Sustainability Report                           9
Daftar Isi / Table of Contents                                                                                                                          12




          Kilas Kinerja                                                        Profil Kepala Kantor Cabang Utama / Profile of Main Branch Office Head    87
          Performance Highlights                                               Komposisi Pemegang Saham / Shareholders Composition                      88
                                                                               Komposisi Pemegang Saham yang Memiliki 5% atau Lebih Saham /             89
IIkhtisar Kinerja Keberlanjutan / Sustainability Performance Highlights   16   Composition of Shareholders with 5% or More Shares
                                                                               Kepemilikan Saham Langsung dan Tidak Langsung atas Saham                 89
Ikhtisar Saham / Share Highlights                                         20   Bank Victoria oleh Anggota Dewan Komisaris dan Direksi /
Ikhtisar Obligasi / Bonds Highlights                                      22   Direct and Indirect Share Ownership of Bank Victoria’s Shares by
                                                                               Members of Board of Commissioners and Board of Directors
Peristiwa Penting / Significant Events                                    23
                                                                               Komposisi Pemegang Saham Masyarakat dengan Kepemilikan                   90
Penghargaan dan Sertifikasi / Awards and Certifications                   28   Saham Masing-Masing Kurang dari 5% / Composition of Public
                                                                               Shareholders with Share Ownership of Less than 5% Each
                                                                               Komposisi Pemegang Saham berdasarkan Status Kepemilikan /                90
          Laporan Manajemen                                                    Shareholders Composition by Ownership Status
          Management Report                                                    Struktur Pemegang Saham Utama dan Pengendali / Main and                   91
                                                                               Controlling Shareholders Structure
Laporan Dewan Komisaris / Report of the Board of Commissioners            32   Infomasi Entitas Anak, Perusahaan Asosiasi, Perusahaan                   92
                                                                               Ventura Bersama, dan Special Purpose Vehicle / Information on
Laporan Direksi / Report of the Board of Directors                        40   Subsidiaries, Associated Entities, Joint Venture Companies, and
Tanggung Jawab Laporan Tahunan dan Keberlanjutan / Annual and                  Special Purpose Vehicles
Sustainability Report Responsibility
                                                                          51
                                                                               Kronologi Pencatatan Saham / Chronology of Share Listing                  93
                                                                               Kronologi Pencatatan Efek Lainnya / Chronology of Other                  94
          Profil Perusahaan                                                    Securities Listing
          Company Profile                                                      Struktur Grup / Group Structure                                           97
                                                                               Informasi Penggunaan Jasa Akuntan Publik dan Kantor Akuntan               97
                                                                               Publik / Information on the Use of Public Accountant Services and
Identitas Perusahaan / Company Identity                                   54
                                                                               Public Accounting Firms
Perubahan Organisasi yang Bersifat Signifikan / Significant               55
Organizational Changes
                                                                               Lembaga dan Profesi Penunjang Pasar Modal / Capital Market               98
                                                                               Supporting Institutions
Riwayat Singkat / Brief History                                           56
Visi dan Misi Perusahaan / Company’s Vision and Mission                   58
                                                                                         Analisis dan
Nilai Budaya Perusahaan / Corporate Cultural Values                       60             Pembahasan Manajemen
Kegiatan Usaha / Line of Business                                         61             Management Discussion and Analysis
Produk dan Jasa / Products and Services                                   62
Wilayah Operasional / Operational Areas                                   64   Tinjauan Ekonomi dan Industri / Economic and Industrial Overview         102
Alamat Kantor Pusat, Kantor Cabang Utama, dan Kantor Cabang               66   Tinjauan Operasional / Operational Overview                              104
Pembantu Bank Victoria / Address of Head Office, Main Branch Offices,
and Sub-Branch Offices of Bank Victoria
                                                                               Tinjauan Keuangan / Financial Overview                                   122

Struktur Organisasi / Organization Structure                              68
Daftar Keanggotaan dalam Asosiasi / List of Association Membership        70             Aspek Pendukung Bisnis
                                                                                         Aspect of Business Support
Profil Dewan Komisaris / Board of Commissioners Profile                   71
Profil Direksi / Board of Directors Profile                               74
                                                                               Teknologi Informasi / Information Technology                             152
Profil Pejabat Eksekutif / Executive Officer Profile                      80




12          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 15
          Tata Kelola Perusahaan                                                  Pengendalian Gratifikasi / Gratification Control                        263
          Good Corporate Governance                                               Kebijakan Pencegahan Insider Trading / Policy to Prevent Insider        264
                                                                                  Trading
                                                                                  Sistem Pelaporan Pelanggaran / Whistleblowing System                    265
Dasar dan Prinsip Implementasi GCG / Basis and Principles of           162
GCG Implementation                                                                Akses Informasi dan Data Perusahaan / Access to Company’s               268
                                                                                  Information and Data
Struktur GCG / GCG Structures                                          163
                                                                                  Implementasi Tata Kelola Perusahaan Terbuka / Implementation            269
Framework GCG / GCG Framework                                          164        of Corporate Governance of Public Company
Peningkatan Kualitas Implementasi GCG / Improvement of GCG             164        Pedoman Umum Governansi Korporat Indonesia / General                    274
Implementation Quality                                                            Guidelines for Indonesian Corporate Governance
Rapat Umum Pemegang Saham / General Meeting of Shareholders            168        Rencana Strategis Bank / Bank’s Strategic Plans                         293
Dewan Komisaris / Board of Commissioners                               171        Pembelian Kembali Saham dan/atau Obligasi / Shares and/or               295
                                                                                  Bonds Buy Back
Direksi / Board of Directors                                           177
                                                                                  Penyediaan Dana kepada Pihak Terkait dan/atau Penyediaan Dana           295
Rangkap Jabatan Dewan Komisaris dan Direksi / Concurrent               181        Besar / Provision of Funds to Related Parties and/or Provision of
Positions of the Board of Commissioners and Board of Directors                    Large Exposure
Penilaian Kinerja Dewan Komisaris, Direksi, Komite Pendukung           182        Kepatuhan Perpajakan / Tax Compliance                                   296
Dewan Komisaris, serta Komite dan Organ Pendukung Direksi /
Performance Assessment of the Board of Commissioners, Board of                    Transparansi Kondisi Keuangan dan Non-Keuangan Bank yang                296
Directors, Board of Commissioners’ Supporting Committees, and                     Belum Diungkap dalam Laporan Lain / Transparency of the Bank’s
Board of Directors’ Committees and Supporting Organs                              Financial and Non-Financial Conditions that Have Not Been
                                                                                  Disclosed in Other Report
Pelatihan dan/atau Peningkatan Kompetensi Dewan Komisaris              188
dan Direksi / Training and/or Competency Development for the                      Informasi Lain terkait Tata Kelola Bank / Other Information related     296
Board of Commissioners and Board of Directors                                     to Bank Governance
Penanganan Benturan Kepentingan Dewan Komisaris dan Direksi /          191        Pernyataan dan Praktik Bad Corporate Governance / Statement             297
Handling of Conflict of Interests of the Board of Commissioners                   and Practices of Bad Corporate Governance
and Board of Directors
Mekanisme Pengunduran Diri dan Pemberhentian Dewan                     191
Komisaris dan Direksi / Resignation and Dismissal Mechanism of
the Board of Commissioners and Board of Directors
Kebijakan Keberagaman Komposisi Dewan Komisaris dan Direksi /          192
                                                                                            Struktur Permodalan dan
Diversity Policy of Composition of the Board of Commissioners and                           Manajemen Risiko
Board of Directors
                                                                                            Capital Structure and Risk Management
Kebijakan Nominasi dan Remunerasi Dewan Komisaris dan                  193
Direksi / Nomination and Remuneration Policy of the Board of
Commissioners and Board of Directors                                              Pengungkapan Permodalan / Disclosure of Capital                         300
Komite di bawah Dewan Komisaris / Board of Commissioners’              199        Manajemen Risiko / Risk Management                                      303
Subordinate Committees
                                                                                  Manajemen Risiko Grup Keuangan Victoria / Victoria Financial            336
Organ Pendukung Dewan Komisaris / Board of Commissioners               213        Group Risk Management
Supporting Organ
Komite di bawah Direksi / Board of Directors’ Subordinate Committees   214
Organ Pendukung Direksi / Board of Directors’ Supporting Organ         228                  Tanggung Jawab Sosial dan
Akuntan Publik / Public Accountant                                     236                  Lingkungan Hidup
Sistem Pengendalian Internal / Internal Control System                 238                  Corporate Social and Environmental
Fungsi Kepatuhan / Compliance Function                                 242                  Responsibility
Pengadaan Barang dan Jasa / Procurement of Goods and Services          248
                                                                                  Tata Kelola Keberlanjutan / Sustainability Governance                   388
Perkara Hukum / Legal Cases                                            249
Sanksi Administratif Tahun 2023 / Administrative Sanction in 2023      254        Keberlanjutan Kinerja Ekonomi / Economic Performance                    391
                                                                                  Sustainability
Program Anti Pencucian Uang, Pencegahan Pendanaan Terorisme,           255
dan Pencegahan Pendanaan Proliferasi Senjata Pemusnah Massal /                    Keberlanjutan Kinerja Sosial / Social Performance Sustainability        396
Anti Money Laundering, Counter Financing of Terrorism, and Counter-
Proliferation Financing of Weapons of Mass Destruction Program                    Keberlanjutan Kinerja Lingkungan Hidup / Environmental                  414
                                                                                  Performance Sustainability
Pemberian Dana Kegiatan Politik / Provision of Funds for               258
Political Activities                                                              Indeks Pengungkapan Kriteria POJK No. 51/POJK.03/2017 /                 419
Persaingan Usaha yang Sehat / Fair Business Competition                258        POJK Criteria Disclosure Index No. 51/POJK.03/2017

Kode Etik / Code of Conduct                                            259        Tanggapan terhadap Umpan Balik Laporan Tahun Sebelumnya /               422
                                                                                  Responses to Previous Year’s Report Feedback
Program Kepemilikan Saham oleh Manajemen dan Karyawan /                262
Management/Employee Stock Ownership Program                                       Verifikasi Tertulis dari Pihak Independen / Written Verification from   422
                                                                                  an Independent Party
Kebijakan Pengungkapan Informasi / Information Disclosure Policy       262
Kebijakan Anti Korupsi / Anti Corruption Policy                        262        Lembar Umpan Balik / Feedback Form                                      423




                                                                 2023 Annual and Sustainability Report | PT Bank Victoria International Tbk               13
Page 16
                  KILAS
                  KINERJA
                  Performance Highlights




       Dana Pihak Ketiga
       Third-Party Funds
                                                      2023                  2022

              15.78%                              Rp22.43                Rp19.37
                                                 triliun / trillion     triliun / trillion




       Pinjaman yang Diberikan - Bersih
       Loans - Net
                                                      2023                  2022

              18.10%                              Rp18.05                Rp15.29
                                                 triliun / trillion     triliun / trillion




       Pendapatan Bunga dan Syariah
       Interest and Sharia Income
                                                      2023                  2022

              7.71%                                Rp1.84                 Rp1.71
                                                 triliun / trillion     triliun / trillion




14   PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 17
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   15
Page 18
Ikhtisar Kinerja Keberlanjutan
Sustainability Performance Highlights



Keberlanjutan Kinerja Ekonomi                                               Economic Performance Sustainability
Kinerja Keuangan                                                            Financial Performance
                                                                                                                   (dalam juta Rupiah / in million Rupiah)


                   Uraian                       2023                 2022                   2021                       Description

Laporan Posisi Keuangan Konsolidasian* / Consolidated Statements of Financial Position*

Total Aset                                   29,624,240            25,932,001             24,947,143                                    Total Assets

Total Aset Keuangan                          28,453,735            24,310,285             22,964,930                          Total Financial Assets

Total Aset Non-Keuangan                       1,170,505             1,621,716              1,982,213                    Total Non-Financial Assets

Total Liabilitas                             25,799,455            22,231,538             20,702,226                                Total Liabilities

Total Liabilitas Keuangan                    25,730,307            22,160,500             20,595,756                      Total Financial Liabilities

Total Liabilitas Non-Keuangan                     69,148               71,038                106,469                Total Non-Financial Liabilities

Total Dana Syirkah Temporer                             -                    -             1,230,492               Total Temporary Syirkah Fund

Total Ekuitas                                 3,824,785             3,700,463              3,014,425                                    Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian * / Consolidated Statements of Profit or Loss and Other Comprehensive Income*

Pendapatan Bunga dan Syariah                  1,836,391             1,705,018              1,612,210                    Interest and Sharia Income

Beban Bunga dan Syariah                      (1,257,662)             (971,638)            (1,148,556)                  Interest and Sharia Expense

Pendapatan Bunga dan Syariah Bersih             578,729               733,381                463,654              Interest and Sharia Income - Net

Pendapatan Operasional Lainnya                  253,365               380,203                454,233                       Other Operating Income

Beban Operasional Lainnya                      (658,023)             (699,517)            (1,004,873)                    Other Operating Expenses

Laba/(Rugi) Operasional                         174,071               414,066               (86,985)                 Profit/(Loss) from Operations

Beban Non-Operasional - Bersih                  (44,535)              (57,136)              (63,883)                 Non-Operating Expense - Net

Laba/(Rugi) Sebelum Beban Pajak
                                                129,536               356,931              (150,868)      Profit/(Loss) Before Income Tax Expense
Penghasilan

(Beban)/Manfaat Pajak Penghasilan -
                                                (27,720)             (130,757)                31,805           Income Tax (Expense)/Benefit - Net
Bersih

Laba/(Rugi) Bersih yang dapat
                                                101,816               226,173              (119,064)            Net Income/(Loss) Attributable to:
Diatribusikan kepada:

     Pemilik Entitas Induk                      101,816               226,173              (119,064)         Equity Holders of the Parent Entity

     Kepentingan Nonpengendali                          -                    -                     (0)                 Non-Controlling Interest

Penghasilan (Rugi) Komprehensif Lain,                                                                    Other Comprehensive Income (Loss), Net
                                                  24,405              (70,239)              (67,416)
Setelah Pajak Penghasilan                                                                                                        of Income Tax

Penghasilan (Rugi) Komprehensif yang                                                                                Comprehensive Income (Loss)
                                                126,222               155,935              (186,479)
dapat Diatribusikan kepada:                                                                                                     Attributable to:

     Pemilik Entitas Induk                      126,222               155,935              (186,478)         Equity Holders of the Parent Entity

     Kepentingan Nonpengendali                          -                    -                     (1)                 Non-Controlling Interest

Laba (Rugi) Bersih per Saham yang dapat                                                                    Income (Loss) per Share Attributable to
Diatribusikan kepada Pemilik Entitas Induk                                                                     Entity Holders of the Parent Entity

     Dasar (Rupiah penuh)                           6.42                 19.17                (12.90)                          Basic (full Rupiah)

     Dilusian (Rupiah penuh)                        6.42                 19.17                (12.90)                       Diluted (full Rupiah)




16          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 19
                 Uraian                          2023                  2022                2021                        Description

Laporan Arus Kas Konsolidasian* / Consolidated Statements of Cash Flows*

Arus Kas Bersih Diperoleh dari/                                                                             Net Cash Flow (Used in)/Provided from
                                                1,279,308             1,057,052          (2,246,858)
(Digunakan untuk) Aktivitas Operasi                                                                                           Operating Activities

Arus Kas Bersih Digunakan untuk/                                                                           Net Cash Flows Used in/(Provided from)
                                              (1,413,275)             (232,938)           1,233,396
(Diperoleh dari) Aktivitas Investasi                                                                                          Investing Activities

Arus Kas Bersih Diperoleh dari Aktivitas                                                                  Net Cash Flows Provided from Financing
                                                  287,343              159,950              395,586
Pendanaan                                                                                                                              Activities

                                                                                                           Cash and Cash Equivalents at End of the
Kas dan Setara Kas pada Akhir Tahun             2,798,564             2,645,188           1,886,562
                                                                                                                                             Year

Rasio Keuangan (dalam %)** / Financial Ratios (in %)**

Permodalan                                                                                                                                  Capital

KPMM dengan Memperhitungkan Risiko                                                                                   CAR by Calculating Credit and
                                                    20.69                   22.59             17.92
Kredit dan Operasional                                                                                                           Operational Risk

KPMM dengan Memperhitungkan Risiko                                                                         CAR by Calculating Credit, Operational,
                                                    19.95                   21.97             17.49
Kredit, Operasional, dan Pasar                                                                                                   and Market Risk

Aktiva Tetap terhadap Modal                         11.08                   11.60             17.32                         Fixed Assets to Capital

Aset Produktif                                                                                                                      Earning Assets

Aset Produktif dan Non-Produktif                                                                         Non-Performing Earning Assets and Non-
Bermasalah terhadap Total Aset                       3.91                    5.89               8.23       Earning Assets to Total Earning Assets
Produktif dan Non-Produktif                                                                                              and Non-Earning Assets

Aset Produktif Bermasalah terhadap                                                                         Non-Performing Earning Assets to Total
                                                     2.79                    3.19               5.19
Total Aset Produktif                                                                                                              Earning Assets

Cadangan Kerugian Penurunan Nilai (CKPN)                                                                  Allowance for Impairment Losses (CKPN)
                                                     2.19                    2.49               3.13
Aset Keuangan terhadap Aset Produktif                                                                         of Financial Assets to Earning Assets

Pemenuhan CKPN Aset Produktif                      165.67                  198.55            202.01            CKPN Fulfillment of Earning Assets

NPL Bruto                                            3.99                    4.23               7.27                                      Gross NPL

NPL Neto                                             3.24                    3.42               4.08                                        Net NPL

Profitabilitas                                                                                                                         Profitability

ROA                                                  0.48                    1.47             (0.71)                                            ROA

ROE                                                  3.12                    9.48             (6.54)                                            ROE

NIM                                                  2.58                    3.52               2.36                                            NIM

BOPO                                                91.67                   79.44            104.94                                           BOPO

Rasio Laba (Rugi) terhadap Total Aset                0.34                    0.87             (0.50)           Income (Loss) to Total Assets Ratio

Rasio Laba (Rugi) terhadap Total Ekuitas             2.66                    7.56             (3.95)           Income (Loss) to Total Equity Ratio

Rasio Laba (Rugi) terhadap Pendapatan
                                                    17.59                   13.27             (7.39)             Income (Loss) to Interest Income
Bunga

Rasio Liabilitas terhadap Total Aset                87.09                   85.73             87.50                 Liabilities to Total Assets Ratio

Rasio Liabilitas terhadap Total Ekuitas            674.53                  743.53            687.54                 Liabilities to Total Equity Ratio

Likuiditas                                                                                                                                 Liquidity

LDR                                                 83.06                   81.69             81.25                                             LDR




                                                            2023 Annual and Sustainability Report | PT Bank Victoria International Tbk             17
Page 20
                     Uraian                               2023                     2022                     2021                            Description

 LFR                                                         50.55                     81.08                    79.89                                                  LFR

 Rasio Aktiva Keuangan terhadap                                                                                                 Financial Assets to Financial Liabilities
                                                            114.83                     98.75                    91.20
 Liabilitas Keuangan                                                                                                                                              Ratio

 Kepatuhan                                                                                                                                                     Compliance

 Persentase Pelanggaran BMPK                                                                                                                Percentage of LLL Violation

     Pihak Terkait                                             0.00                     0.00                     0.00                                  Related Parties

     Pihak Tidak Terkait                                       0.00                     0.00                     0.00                            Non-Related Parties

 Persentase Pelampauan BMPK                                                                                                                   Percentage of LLL Excess

     Pihak Terkait                                             0.00                     0.00                     0.00                                  Related Parties

     Pihak Tidak Terkait                                       0.00                     0.00                     0.00                            Non-Related Parties

                                                                                                                                              Primary Minimum Reserve
 GWM Primer – Rupiah                                           7.32                     7.69                     3.57
                                                                                                                                                 Requirements - Rupiah

                                                                                                                                         Secondary Minimum Reserve
 GWM Primer – Valas                                            4.05                     4.05                     4.05
                                                                                                                                     Requirements – Foreign Exchange

                                                                                                                                           Secondary Minimum Reserve
 GWM Sekunder – Rupiah                                       23.73                     22.82                    14.97
                                                                                                                                                Requirements - Rupiah

 Posisi Devisa Neto (PDN) secara
                                                               0.39                     0.12                     0.98               Net Open Position (NOP) in Overall
 Keseluruhan

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022. / Consolidated until the divestment of Subsidiary on 22 December 2022.
** Merupakan angka PT Bank Victoria International Tbk. / This figure refers to PT Bank Victoria International Tbk.




Kinerja Operasional                                                                       Operational Performance


                     Uraian                               2023                     2022                     2021                            Description

 Produk Simpanan (dalam unit rekening)* / Deposit Products (in account unit)*

 Tabungan                                                   41,191                   42,100                   45,057                                     Saving Deposits

 Giro                                                        2,564                     2,461                    2,508                                   Current Accounts

 Deposito Berjangka                                         18,931                   16,947                   18,503                                          Time Deposits

 Total                                                      62,686                   61,508                   66,068                                                  Total

 Produk Pinjaman (dalam juta Rupiah)** / Loan Products (in million Rupiah)**

 Pinjaman Tetap                                         9,697,513                 8,860,926                9,336,405                                            Fixed Loans

 Pinjaman Konsumen                                        164,627                   167,465                  161,842                                     Consumer Loans

 Pinjaman Rekening Koran                                1,871,767                 1,677,755                1,510,730                                     Overdraft Loans

 Pinjaman Tetap dengan Angsuran                         6,864,293                 5,078,177                3,627,712                      Fixed Loans with Installments

 Pinjaman Serba Guna                                        30,543                   40,288                   46,416                                 Multipurpose Loans

 Pembiayaan Syariah                                                -                        -                805,969                                     Sharia Financing

 Total                                                 18,628,743               15,824,611               15,489,074                                                   Total

* Merupakan angka PT Bank Victoria International Tbk. / This figure refers to PT Bank Victoria International Tbk.
** Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022. / Consolidated until the divestment of Subsidiary on 22 December 2022.




18           PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 21
Keberlanjutan Kinerja Sosial                                                               Social Performance Sustainability

                                               Satuan
                Uraian                                                  2023                    2022                   2021                        Description
                                                Unit
 Pengelolaan Human Capital / Human Capital Management

                                                Orang
 Jumlah Karyawan                                                               713                    688                     694                          Total Employees
                                                People

 Karyawan Wanita                                   %                        47.55                   47.09                   46.97                       Female Employees

                                             Jam/Orang
 Jam Pelatihan/Karyawan                                                              5                   4                          4            Training Hours/Employee
                                            Hours/People

 Karyawan Lokal*                                   %                        67.46                   66.86                   67.43                        Local Employees*

 Pengembangan Sosial dan Kemasyarakatan / Social and Community Development

                                                Orang
 Penerima Manfaat                                                           2,072                   2,121                   4,079                              Beneficiaries
                                                People

 Biaya Investasi Sosial                         Rupiah              179,610,888             238,215,664             643,477,844                     Social Investment Cost

* Karyawan yang memiliki domisili yang sesuai dengan wilayah operasional tempat bekerja. / Employees having domicile in accordance with the operational area where they work.




Keberlanjutan Kinerja Lingkungan Hidup                                                     Environmental Performance Sustainability

                                               Satuan
                Uraian                                                  2023                    2022                   2021                        Description
                                                Unit
 Pembiayaan Pertimbangan Aspek               Juta Rupiah                                                                                         Financing by Considering
                                                                        505,058                 617,423                602,687
 Lingkungan                                 Million Rupiah                                                                                          Environmental Aspect

 Debitur yang Memperoleh                        Entitas
                                                                                 -                      -                       -                Debtor Receiving PROPER
 PROPER                                         Entity

 Penggunaan Listrik                                GJ                  4,774.83                4,442.55               4,459.18                            Use of Electricity

 Penggunaan Bahan Bakar Minyak
                                                   GJ                  2,262.32                2,879.76               2,711.33                           Use of Fuel (BBM)
 (BBM)

 Penggunaan Air                                    m3                 18,746.74                5,494.06               5,756.90                                    Water Use

                                                  Rim
 Penggunaan Kertas                                                         1,935                   1,703                  1,847                                   Paper Use
                                                 Ream




                                                                      2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                           19
Page 22
Ikhtisar Saham
Share Highlights



                                                                                                                Jumlah Saham
                                                                                              Volume
                                                                                                                   Beredar
                      Harga            Harga             Harga              Harga            Transaksi                                Kapitalisasi Pasar
                                                                                                               (Lembar Saham)
                    Pembukaan         Terendah          Tertinggi         Penutupan       (Lembar Saham)                                   Market
  Periode                                                                                                           Total
                      Opening          Lowest            Highest           Closing         Transaction                                 Capitalization
  Period                                                                                                         Outstanding
                       Price            Price             Price             Price            Volume                                         (Rp)
                                                                                                                   Shares
                       (Rp)             (Rp)              (Rp)              (Rp)           (Number of
                                                                                                                 (Number of
                                                                                             Shares)
                                                                                                                   Shares)
                                                                                   2023

 Quarter I                107              85                118              93            323,118,200          15,848,234,714        1,473,885,828,402

 Quarter II                88              87                104              95            260,058,800          15,848,234,955        1,505,582,320,725

 Quarter III              101              97                135              99            641,361,400          15,848,235,599        1,568,975,324,301

 Quarter IV               105              89                106              99            369,707,600          15,848,235,778        1,568,975,342,022

                                                                                   2022

 Quarter I                195              130               195             139           2,502,377,700         10,487,132,568           1,457,711,426,952

 Quarter II               174              132               187             132           2,327,482,600         10,487,132,568           1,384,301,498,976

 Quarter III              132              120               156             124           1,000,569,300         13,040,594,487           1,617,033,716,388

 Quarter IV               124              104               142             107           1,126,040,200         15,848,234,714           1,695,761,114,398




Volume Perdagangan (Lembar Saham)                                                                                                     Harga Penutupan (Rp)
Trading Volume (Number of Shares)                                                                                                         Closing Price (Rp)


700,000,000                                                                                                                                               250


600,000,000
                                                                                                                                                          200
500,000,000

                                                                                                                                                          150
400,000,000


300,000,000
                                                                                                                                                          100

200,000,000
                                                                                                                                                          50
100,000,000


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                                                  2022                                                               2023

                                                             Volume Perdagangan (Lembar Saham)           Harga Penutupan (Rp)
                                                             Trading Volume (Number of Shares)           Closing Price (Rp)




20            PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 23
Aksi Korporasi                                                            Corporate Actions

Pada tahun 2023, Bank Victoria melakukan Pencatatan                       In 2023, Bank Victoria carried out Additional Share
Penambahan Saham Hasil Exercise Waran Seri VII                            Listing Resulting from Exercise of Series VII Warrants of
PT Bank Victoria lnternational Tbk dengan jangka waktu                    PT Bank Victoria International Tbk with an implementation
pelaksanaan tanggal 19 Juni 2023 sampai tanggal 18 Desember               period of 19 June 2023 to 18 December 2025. The total shares
2025. Total saham yang telah diterbitkan dan sisa waran menjadi           issued and remaining warrants are as follows:
sebagai berikut:


                             Jumlah Saham Sebelum
                               Penambahan Saham                                       Jumlah Saham Setelah
                              Hasil Exercise Waran        Jumlah Penambahan          Penambahan Saham Hasil
                                     Seri VII               Waran Seri VII            Exercise Waran Seri VII       Sisa Waran Seri VII
             Waktu
                                Number of Shares              Number of               Number of Shares After         Remaining Series
             Time
                                Before Addition of        Additional Series VII         Addition of Shares             VII Warrants
                              Shares Resulting from            Warrants              Resulting from Exercise of
                              Exercise of Series VII                                    Series VII Warrants
                                    Warrants
 Juni 2023
                                  15,848,234,714                    241                     15,848,234,955              2,573,669,876
 June 2023

 Juli 2023
                                  15,848,234,955                    467                     15,848,235,422              2,573,669,409
 July 2023

 Agustus 2023
                                  15,848,235,422                     93                     15,848,235,515              2,573,669,316
 August 2023

 September 2023                   15,848,235,515                     84                     15,848,235,599              2,573,669,232

 Oktober 2023
                                  15,848,235,599                    134                     15,848,235,733              2,573,669,098
 October 2023

 November 2023                    15,848,235,733                     33                     15,848,235,766              2,573,669,065

 Desember 2023
                                  15,848,235,766                     12                     15,848,235,778              2,573,669,053
 December 2023



Bank Victoria juga melakukan penawaran umum Obligasi                      Bank Victoria also carried out public offering of Bank Victoria
Berkelanjutan III Bank Victoria Tahap I Tahun 2023 yaitu pada             Sustainable Bonds III Phase I Year 2023, which was in March
Maret 2023 sebesar Rp500.000.000.000,-. Obligasi ini ditawarkan           2023, amounted to Rp500,000,000,000. These bonds are offered
dengan nilai 100% dari nilai pokok obligasi dan terdiri dari              at a value of 100% of the principal value of bonds and consist
2 seri, yaitu jumlah pokok Obligasi Seri A ditawarkan sebesar             of 2 series, namely Series A Bonds offered in the amount of
Rp300.000.000.000,- dengan tingkat bunga tetap sebesar                    Rp300,000,000,000 with fixed rate of 9.25% per annum with a
9,25% per tahun dengan jangka waktu 3 tahun sejak tanggal                 tenor of 3 years since emission date, and Series B Bonds offered
emisi, dan jumlah pokok Obligasi Seri B ditawarkan sebesar                in the amount of Rp200,000,000,000 with fixed rate of 10.25%
Rp200.000.000.000,- dengan tingkat bunga tetap sebesar                    per annum with a tenor of 5 years since emission date. Interest
10,25% per tahun dengan jangka 5 tahun sejak tanggal emisi.               of the bond paid every 3 months starting from emission date,
Bunga obligasi dibayarkan setiap 3 bulan sekali terhitung sejak           9 June 2023, for the first payment whereas the last payment will
tanggal emisi pada tanggal pembayaran bunga obligasi pertama              be at the maturity date of each bonds, which on 9 March 2026 for
kali yaitu tanggal 9 Juni 2023, sedangkan pembayaran bunga                Bonds Series A and on 9 March 2028 for Bonds Series B.
obligasi terakhir akan dilakukan pada tanggal jatuh tempo
masing-masing seri obligasi yaitu pada tanggal 9 Maret 2026
untuk Obligasi Seri A dan 9 Maret 2028 untuk Obligasi Seri B.



Aktivitas Perdagangan Saham                                               Share Trading Activity

Bank tidak menerima sanksi atas aktivitas perdagangan saham,              No sanctions are imposed on the share trading activities of the
baik berupa penghentian sementara ataupun penghapusan                     Bank, either in form of temporary suspension on share trading or
pencatatan saham sepanjang tahun 2023.                                    share delisting throughout 2023.




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk       21
Page 24
Ikhtisar Obligasi
Bonds Highlights



                                                                                     Tingkat
                                                    Jumlah                                                                            Peringkat
                                                                        Tenor          Suku                                                                  Status
                                                 (Juta Rupiah)                                                                         Ratings
                  Uraian                                               (Tahun)        Bunga               Tanggal                                          Pembayaran
                Description                           Total                                                Dates
                                                                       Tenure        Interest                                                               Payment
                                                     (Million
                                                                       (Year)         Rates                                                                  Status
                                                     Rupiah)                                                                        2023       2022
                                                                                       (%)
 Obligasi Subordinasi Berkelanjutan                    50,000              7           11.00           11 Juli 2017 -            idBBB          idBBB      Belum Lunas
 I Bank Victoria Tahap I Tahun 2017                                                                     11 Juli 2024           (Triple B)     (Triple B)     Not Paid
 dengan tingkat bunga tetap                                                                            11 July 2017 -
 Bank Victoria Continuous Subordinated                                                                  11 July 2024
 Bond I Phase I of 2017 at fixed interest
 rate

 Obligasi Berkelanjutan I Bank Victoria               200,000              5           10.30            5 Juni 2018 -             idA-           idA-      Belum Lunas
 Tahap II Tahun 2018 dengan tingkat                                                                      5 Juni 2023           (Single A      (Single A      Not Paid
 bunga tetap Seri B                                                                                    5 June 2018 -            Minus)         Minus)
 Bank Victoria Continuous Bond I Phase                                                                  5 June 2023
 II of 2018 at fixed interest rate B Series

 Obligasi Subordinasi Berkelanjutan                   350,000              7           11.00            5 Juni 2018 -            idBBB          idBBB      Belum Lunas
 I Bank Victoria Tahap II Tahun 2018                                                                     5 Juni 2025           (Triple B)     (Triple B)     Not Paid
 dengan tingkat bunga tetap                                                                            5 June 2018 -
 Bank Victoria Continuous Subordinated                                                                  5 June 2025
 Bond I Phase II of 2018 at fixed interest
 rate

 Obligasi Subordinasi Berkelanjutan II                250,000              7           11.75           28 Juni 2019 -            idBBB          idBBB      Belum Lunas
 Bank Victoria Tahap I Tahun 2019                                                                       28 Juni 2026           (Triple B)     (Triple B)     Not Paid
 Bank Victoria Continuous Subordination                                                                28 June 2019 -
 Bonds II Phase I Year 2019                                                                             28 June 2026

 Obligasi Subordinasi Berkelanjutan II                150,000              7           11.25        8 November 2019 -            idBBB          idBBB      Belum Lunas
 Bank Victoria Tahap II Tahun 2019                                                                   8 November 2026           (Triple B)     (Triple B)     Not Paid
 Bank Victoria Continuous Subordination
 Bonds II Phase II Year 2019

 Obligasi Subordinasi Berkelanjutan II                 60,000              7           11.25           1 April 2020 -            idBBB          idBBB      Belum Lunas
 Bank Victoria Tahap III Tahun 2020                                                                     1 April 2027           (Triple B)     (Triple B)     Not Paid
 Bank Victoria Continuous Subordination
 Bonds II Phase III Year 2020

 Obligasi Berkelanjutan III Bank Victoria             300,000              3             9.25          9 Maret 2023 -             idA-            -        Belum Lunas
 Tahap I Tahun 2023 dengan tingkat                                                                      9 Maret 2026           (Single A                     Not Paid
 bunga tetap Seri A                                                                                   9 March 2023 -            Minus)
 Bank Victoria Series A Continuing                                                                     9 March 2026
 Bonds III Phase I Year 2023 at fixed
 interest rate

 Obligasi Berkelanjutan III Bank Victoria             200,000              5           10.25           9 Maret 2023 -             idA-            -        Belum Lunas
 Tahap I Tahun 2023 dengan tingkat                                                                      9 Maret 2028           (Single A                     Not Paid
 bunga tetap Seri B                                                                                   9 March 2023 -            Minus)
 Bank Victoria Series B Continuing                                                                     9 March 2028
 Bonds III Phase I Year 2023 at fixed
 interest rate

Keterangan rating / Rating description:
* idA- (Single A Minus) dari PT Pemeringkat Efek Indonesia (PEFINDO). / idA- (Single A Minus) from PT Pemeringkat Efek Indonesia (PEFINDO).
* idBBB (Triple B) dari PT Pemeringkat Efek Indonesia (PEFINDO). / idBBB (Triple B) from PT Pemeringkat Efek Indonesia (PEFINDO).




22           PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 25
Peristiwa Penting
Significant Events




   28 Januari / January 2023                                                  9 Maret / March 2023

Bank Victoria melaksanakan Rapat Kerja di Hotel Indonesia                  Bank Victoria menerbitkan Obligasi Berkelanjutan III Bank Victoria
Kempinski, Jakarta. Rapat Kerja Bank Victoria kali ini mengusung           Tahap I Tahun 2023 sebesar Rp500.000.000.000,-.
tema “Moving Forward to Accelerated Growth and Stronger                    Bank Victoria issued Bank Victoria Continuing Bonds III Phase I
Governance” yang merupakan kelanjutan dari strategi Bank                   Year 2023 amounting to Rp500,000,000,000.
sebelumnya.
Bank Victoria held a Working Meeting at Hotel Indonesia Kempinski,
Jakarta. This time, Bank Victoria’s Working Meeting carried the theme
“Moving Forward to Accelerated Growth and Stronger Governance”
which is a continuation of the Bank’s previous strategy.




                                                                          Tim Corporate Secretary dan Corporate Communication Bank
                                                                          Victoria meraih penghargaan The Best Corporate Secretary &
                                                                          Communication Award 2023 oleh Majalah Economic Review,
                                                                          Ideku Group, dan Indonesia-Asia Institute.
                                                                          Bank Victoria’s Corporate Secretary and Corporate
                                                                          Communication team won the Best Corporate Secretary &
                                                                          Communication Award 2023 by Economic Review Magazine,
                                                                          Ideku Group, and Indonesia-Asia Institute.



   19 Mei / May 2023




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk     23
Page 26
   26 Mei / May 2023                                                     27 Juni / June 2023

Bank Victoria melaksanakan Rapat Umum Pemegang                        Bank Victoria meraih penghargaan 4th Indonesia Top Bank
Saham Tahunan 2023 di Graha BIP, Jl. Gatot Subroto Kav. 23,           Award 2023 kategori Kelompok Bank Modal Inti (KBMI) 1 oleh
Jakarta Selatan 12930.                                                The Economics. Penghargaan tersebut sebagai apresiasi kepada
Bank Victoria held the 2023 Annual General Meeting of                 bank-bank di Indonesia dalam acara 4th Indonesia Top Bank
Shareholders at Graha BIP, Jl. Gatot Subroto Kav. 23, South           Award 2023.
Jakarta 12930.                                                        Bank Victoria won the 4th Indonesia Top Bank Award 2023 in the
                                                                      Core Capital Bank Group (KBMI) 1 category by The Economics.
                                                                      This award is an appreciation for banks in Indonesia at the 4th
                                                                      Indonesia Top Bank Award 2023 event.




   18 Juli / July 2023                                                   28 Juli / July 2023

Gathering ORI023 Bank Victoria Manado.                                Bank Victoria meraih penghargaan Indonesia Best Bank 2023 for
Gathering of ORI023 at Bank Victoria Manado.                          The Development of Banking Business Segmentatition kategori
                                                                      KBMI 1 oleh Warta Ekonomi.
                                                                      Bank Victoria won the Indonesia Best Bank 2023 award for
                                                                      The Development of Banking Business Segmentation in the KBMI
                                                                      1 category by Warta Ekonomi.




24       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 27
   28 Juli / July 2023                                                   15 Agustus / August 2023

Bank Victoria meraih penghargaan The Best Indonesia Sales             Bank Victoria meraih penghargaan Best Bank Performance of
Marketing Award VI 2022 kategori Public Company Bank oleh             MSMEs Loan Awards 2023 dengan predikat “Sangat Prima”
Majalah Economic Review.                                              kategori Modal Inti sampai dengan Rp6 triliun (KBMI 1) oleh
Bank Victoria won the Best Indonesia Sales Marketing Award VI         Majalah Peluang.
2022 in the Public Company Bank category by Economic Review           Bank Victoria won the Best Bank Performance of MSMEs Loan
Magazine.                                                             Awards 2023 with title “Very Excellent” in the Core Capital
                                                                      category of up to Rp6 trillion (KBMI 1) by Peluang Magazine.




   12 September / September 2023                                         5 Oktober / October 2023

Bank Victoria melakukan penandatanganan Addendum Perjanjian           Bank Victoria merayakan ulang tahun ke-29. Acara dihadiri
Kredit Sindikasi kepada PT Sulfindo Adiusaha dengan total plafon      oleh Dewan Komisaris dan Direksi serta karyawan Bank Victoria.
sebesar maksimal Rp1,5 triliun.                                       Dengan perayaan ini, diharapkan Bank Victoria ke depan dapat
                                                                      memberikan inovasi-inovasi terbaik untuk melayani kebutuhan
Bank Victoria signed an Addendum to the Syndicated Credit             nasabah setia Bank Victoria dan memberikan pelayanan terbaik
Agreement with PT Sulfindo Adiusaha with a total ceiling of           kepada seluruh Pemangku Kepentingan Bank Victoria.
Rp1.5 trillion.
                                                                      Bank Victoria celebrated its 29th anniversary. The event was
                                                                      attended by the Board of Commissioners and Board of Directors
                                                                      as well as Bank Victoria employees. With this celebration, it is
                                                                      hoped that Bank Victoria in the future will be able to provide best
                                                                      innovations to serve the needs of loyal Bank Victoria customers
                                                                      and provide best services to all Bank Victoria Stakeholders.




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      25
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     29 Oktober / October 2023                                            16 November / November 2023

Bank Victoria menyelenggarakan event Victoria Run 2023 di QBIG BSD.    Bank Victoria melaksanakan kegiatan CSR melalui Victoria Peduli
Bank Victoria held the Victoria Run 2023 event at QBIG BSD.            dengan memberikan bantuan di bidang kesehatan kepada SDS
                                                                       Dewi Sartika Cilincing, Jakarta Utara.
                                                                       Bank Victoria carried out CSR activities through Victoria Peduli
                                                                       by providing assistance in health sector to SDS Dewi Sartika
                                                                       Cilincing, North Jakarta.




     17 November / November 2023                                          8 Desember / December 2023
Bank Victoria meraih penghargaan The Best Indonesia Finance            Bank Victoria berhasil meraih penghargaan Gold Award-Excellent
for Public Company 2023 kategori Asset Rp20 T–Rp30 T oleh              Indonesia IT Award V 2023 kategori The Best IT-for Bank Aset
Economic Review.                                                       Rp20 T-Rp30 T oleh Economic Review.
Bank Victoria won the Best Indonesia Finance for Public Company        Bank Victoria managed to win the Gold Award-Excellent Indonesia
2023 award in Asset of Rp20 T–Rp30 T category by the Economic          IT Award V 2023 in category of The Best IT-for Bank Assets of
Review.                                                                Rp20 T-Rp30 T by the Economic Review.




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2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   27
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Penghargaan dan Sertifikasi
Awards and Certifications




                        1                              2                             4                           4




1.   The Best Indonesia Corporate              2.   4th Indonesia Top Bank Award 2023     3.   Indonesia Best Bank 2023 for
     “Secretary & Communication” Award              kategori Kelompok Bank Modal Inti          The Development of Banking Business
     2023 kategori Gold Award - Score:              (KBMI) 1                                   Segmentatition kategori KBMI 1
     88,50 - Excellent                              4th Indonesia Top Bank Award 2023          Indonesia Best Bank 2023 for The
     The Best Indonesia Corporate                   in Core Capital Bank Group (KBMI) 1        Development of Banking Business
     “Secretary & Communication” Award              category                                   Segmentation KBMI 1 category
     2023 Gold Award - Score: 88.50 -               Tanggal / Dated:                           Tanggal / Dated:
     Excellent category                             27 Juni 2023 / 27 June 2023                28 Juli 2023 / 28 July 2023
     Tanggal / Dated:                               Acara / Event:                             Acara / Event:
     19 Mei 2023 / 19 May 2023                      Indonesia Top Bank Awards 2023             Indonesia Best Bank Awards 2023
     Acara / Event:                                 Penerima / Awardee:                        Penerima / Awardee:
     Indonesia Corporate Secretary &                Bank Victoria                              Bank Victoria
     Communication Award VIII 2023
                                                    Penyelenggara / Organizer:                 Penyelenggara / Organizer:
     Penerima / Awardee:                            The Economics                              Warta Ekonomi
     Tim Corporate Secretary dan Corporate
     Communication Bank Victoria
     Bank Victoria’s Corporate Secretary and
     Corporate Communication Team
     Penyelenggara / Organizer:
     Majalah Economic Review, Ideku Group,
     dan Indonesia-Asia Institute.
     Economic Review Magazine, Ideku Group,
     and Indonesia-Asia Institute.




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                                   5                               6                                        7




4.   The Best Indonesia Sales Marketing Award VI 2023 kategori          5.   Best Bank Performance of MSMEs Loan Awards 2023 dengan
     Platinum Award - Score : 93,36 - Very Excellent                         predikat “Sangat Prima” kategori Modal Inti sampai dengan
     The Best Indonesia Sales Marketing Award VI 2023 in                     Rp6 triliun (KBMI 1)
     Platinum Award category - Score : 93.36 - Very Excellent                Best Bank Performance of MSMEs Loan Awards 2023 with title
     category                                                                “Very Excellent” in the Core Capital category of up to Rp6 trillion
     Tanggal / Dated:                                                        (KBMI 1)
     28 Juli 2023 / 28 July 2023                                             Tanggal / Dated:
     Acara / Event:                                                          15 Agustus 2023 / 15 August 2023
     6th Indonesia Sales & Marketing Award 2023                              Acara / Event:
     Penerima / Awardee:                                                     Best Bank Performance of MSMEs Loans Award 2023
     Bank Victoria                                                           Penerima / Awardee:
     Penyelenggara / Organizer:                                              Bank Victoria
     Majalah Economic Review                                                 Penyelenggara / Organizer:
                                                                             Majalah Peluang




6.   The Best Indonesia Finance for Public Company 2023                 7.   Gold Award-Excellent Indonesia IT Award V 2023 kategori
     kategori Platinum Award (A) Very Excellent Asset                        The Best IT-for Bank Aset Rp20T-Rp30 T
     Rp20 T–Rp30 T                                                           Gold Award-Excellent Indonesia IT Award V 2023 in the
     The Best Indonesia Finance for Public Company 2023 in                   category of The Best IT-for Bank Assets of Rp20 T-Rp30 T
     Platinum Award (A) Very Excellent category of Asset of                  Tanggal / Dated:
     Rp20 T–Rp30 T                                                           8 Desember 2023 / 8 December 2023
     Tanggal / Dated:                                                        Acara / Event:
     17 November 2023
                                                                             Indonesia IT Award V 2023
     Acara / Event:
     Indonesia Finance Award VI 2023
                                                                             Penerima / Awardee:
                                                                             Bank Victoria
     Penerima / Awardee:
     Bank Victoria                                                           Penyelenggara / Organizer:
                                                                             Economic Review
     Penyelenggara / Organizer:
     Economic Review




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           29
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                  LAPORAN
                  MANAJEMEN
                  Performance Highlights




30   PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   31
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     Laporan Manajemen
     Management Report




Laporan
Dewan
Komisaris
Board of
Commissioners’ Report


                                                                                                                     ZAENAL
                                                                                                                 ABIDIN Ph.D
                                                                                                     Komisaris Utama Independen
                                                                                              Independent President Commissioner



     Pemegang Saham dan Pemangku Kepentingan yang Terhormat,
     Dear Honorable Shareholders and Stakeholders,


     Pertama-tama, mari kita bersama-sama memanjatkan puji dan syukur kepada Tuhan Yang Maha Esa karena atas segala
     nikmat dan karunia-Nya, Bank Victoria dapat melalui tahun 2023 dengan sejumlah pencapaian yang membanggakan. Dalam
     kesempatan yang baik ini, perkenankan saya mewakili Dewan Komisaris menyampaikan laporan pengawasan pengelolaan
     usaha Bank Victoria untuk tahun buku 2023. Pada laporan ini, kami berharap dapat memberikan gambaran yang jelas mengenai
     berbagai hal berkaitan dengan pelaksanaan tugas dan tanggung jawab Dewan Komisaris, antara lain pengawasan terhadap
     implementasi strategi, penilaian kami terhadap kinerja Direksi, pandangan atas prospek usaha yang disusun oleh Direksi,
     pandangan atas penerapan tata kelola perusahaan, serta pandangan atas penerapan tanggung jawab sosial dan lingkungan
     Bank Victoria sepanjang tahun 2023.


     First of all, we would like to send praise and gratitude to the God Almighty for all His blessings and gifts that Bank Victoria
     could go through 2023 with a number of proud achievements. On this auspicious occasion, allow me to represent the Board of
     Commissioners to deliver the supervisory report on Bank Victoria’s business management for the 2023 fiscal year. In this report,
     we hope to provide a clear picture of various matters relating to the implementation of duties and responsibilities of Board of
     Commissioners, including strategy implementation supervision, our assessment of the Board of Directors’ performance, views
     on business prospects prepared by the Board of Directors, views on the implementation of corporate governance, and views on
     Bank Victoria’s implementation of social and environmental responsibility throughout 2023.




32       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Kondisi Makroekonomi dan Industri                                       Macroeconomic Conditions and Banking
Perbankan Tahun 2023                                                    Industry in 2023

Kondisi makroekonomi global tahun 2023 dipengaruhi oleh                 Global macroeconomic conditions in 2023 were influenced by
berbagai tantangan yang berdampak pada terhambatnya laju                various challenges with impact on hampering the overall rate of
pertumbuhan ekonomi global secara keseluruhan. Ketegangan               global economic growth. The geopolitical tensions that went on,
geopolitik yang terus berlanjut, tingginya tingkat inflasi global,      high levels of global inflation, and tightening monetary policy
serta pengetatan kebijakan moneter oleh bank sentral di beberapa        by central banks in several countries were main factors slowing
negara telah menjadi faktor utama yang memperlambat laju                down the rate of global economic growth. Global economic
pertumbuhan ekonomi global tersebut. Pertumbuhan ekonomi                growth in 2023 reached 3.0%, slowing compared to that of 2022
global tahun 2023 mencapai 3,0%, melambat dibandingkan                  of 3.4%. Amidst the trend of slowing global economic growth,
tahun 2022 sebesar 3,4%. Di tengah tren pelambatan                      the Indonesian economy showed good resilience by recording
pertumbuhan ekonomi global tersebut, perekonomian Indonesia             growth of 5.04%. Strong support from maintained people’s
menunjukkan daya tahan yang baik dengan mencatatkan                     purchasing power and consumption, decreased inflation rates,
pertumbuhan sebesar 5,04%. Dukungan kuat dari terjaganya                effective implementation of fiscal and monetary policies from
daya beli dan konsumsi masyarakat, penurunan tingkat inflasi,           the government, as well as continued realization of National




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   33
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      Laporan Manajemen
      Management Report




implementasi kebijakan fiskal dan moneter dari pemerintah yang         Strategic Projects (PSN) are the main pillars in maintaining
efektif, serta keberlanjutan realisasi Proyek Strategis Nasional       Indonesia’s economic resilience.
(PSN) menjadi pilar utama dalam mempertahankan ketahanan
ekonomi Indonesia.


Dampak positif dari ketahanan ekonomi Indonesia ini terlihat pada      The positive impact of Indonesia’s economic resilience can be
kinerja berbagai sektor industri, termasuk sektor keuangan dan         seen in the performance of various industrial sectors, including
perbankan. Capaian kredit dan pertumbuhan dana pihak ketiga            financial and banking sectors. Credit achievements and growth
menunjukkan peningkatan dibandingkan tahun sebelumnya yang             in third party funds showed an increase compared to that of the
menggambarkan bahwa sektor perbankan mampu meraih kinerja              previous year, reflecting that banking sector managed to achieve
yang positif di tengah tren kenaikan suku bunga yang berlangsung       positive performance amidst the trend of increasing interest
sepanjang tahun. Kinerja positif yang mampu diraih sektor perbankan    rates that lasted throughout the year. The positive performance
ini juga mengindikasikan bahwa strategi dan inovasi yang dilakukan     achieved by banking sector also indicates that strategies and
oleh para pelaku usaha di sektor perbankan dalam menghadapi            innovations carried out by business actors in banking sector in
tantangan eksternal telah memberikan hasil yang positif. Dengan        facing external challenges have provided positive results. With
adanya kepercayaan yang terus tumbuh dari para pemangku                the continued growth of trust from stakeholders, the banking
kepentingan, sektor perbankan memiliki peran strategis dalam           sector has a strategic role in supporting inclusive and sustainable
mendukung pertumbuhan ekonomi yang inklusif dan berkelanjutan.         economic growth.



Pengawasan terhadap Perumusan dan                                      Supervision of Bank Victoria’s Strategy
Implementasi Strategi Bank Victoria                                    Formulation and Implementation

Mencermati tantangan dan peluang yang berkembang sepanjang             With due observance of challenges and opportunities that
tahun 2023, Dewan Komisaris secara rutin melakukan pengawasan          developed throughout 2023, the Board of Commissioners
terhadap perumusan dan implementasi strategi Bank Victoria.            routinely supervises the formulation and implementation of
Pada pelaksanaannya, Dewan Komisaris mengoptimalkan                    Bank Victoria’s strategy. In its implementation, the Board of
rapat gabungan bersama Direksi sebagai media utama dalam               Commissioners optimizes joint meetings with the Board of
melakukan pengawasan terhadap perumusan dan implementasi               Directors as the main media in supervising the formulation and
strategi Bank Victoria. Pengawasan ini melibatkan penilaian            implementation of Bank Victoria’s strategy. In addition, the Board
menyeluruh terhadap pelaksanaan Rencana Bisnis Bank (RBB),             of Commissioners also regularly evaluates factors influencing
seperti evaluasi terhadap aspek kuantitatif dan kualitatif dari        Bank Victoria’s overall performance, such as aspects of capital,
pencapaian target finansial dan strategi bisnis. Selain itu, Dewan     profitability, risk management, and GCG.
Komisaris juga secara teratur mengevaluasi faktor-faktor yang
mempengaruhi kinerja Bank Victoria secara keseluruhan, seperti
aspek permodalan, rentabilitas, serta manajemen risiko, dan GCG.


Selain itu, Dewan Komisaris juga memberikan masukan-masukan            Furthermore, the Board of Commissioners also provides strategic
yang strategis kepada Direksi terkait dengan berbagai aspek            input to the Board of Directors regarding various aspects of Bank
kinerja Bank Victoria. Hal ini bertujuan untuk memastikan bahwa        Victoria’s performance. This aims to ensure that Bank Victoria can
Bank Victoria dapat menjaga keseimbangan antara pertumbuhan            maintain a balance between sustainable growth and effective risk
yang berkelanjutan dengan manajemen risiko yang efektif.               management. With comprehensive supervision and constructive
Dengan pengawasan yang komprehensif serta rekomendasi yang             recommendations, Bank Victoria is able to identify opportunities
konstruktif, Bank Victoria dapat mengidentifikasi peluang dan          and overcome challenges arising in the market, and ensure that
mengatasi tantangan yang muncul di pasar, serta memastikan             the implemented business strategy is in line with the Company’s
bahwa strategi bisnis yang dijalankan sesuai dengan tujuan             objectives to achieve sustainable growth and provide added value
perusahaan untuk mencapai pertumbuhan yang berkelanjutan               for stakeholders.
dan memberikan nilai tambah bagi para pemangku kepentingan.



Penilaian terhadap Kinerja Direksi mengenai                            Assessment of the Board of Directors’
Pengelolaan Bank Victoria                                              Performance regarding Management of Bank
                                                                       Victoria
Penilaian terhadap kinerja Direksi dalam pengelolaan Bank              Assessment of the Board of Directors’ performance in managing
Victoria merupakan salah satu aspek penting dalam fungsi               Bank Victoria is an important aspect in supervisory function
pengawasan atas pengelolaan Bank Victoria. Oleh karena itu,            over the management of Bank Victoria. Therefore, the Board of




34        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Dewan Komisaris secara berkala melakukan evaluasi yang                 Commissioners periodically conducts in-depth evaluations of the
mendalam terhadap kinerja Direksi dalam mengelola berbagai             Board of Directors’ performance in managing various operational
aspek operasional dan strategis Bank Victoria. Evaluasi ini            and strategic aspects of Bank Victoria. This evaluation includes
mencakup penilaian terhadap pencapaian tujuan strategis                assessment of the achievement of Bank Victoria’s strategic
Bank Victoria, efektivitas pengelolaan risiko, kualitas keputusan      objectives, the effectiveness of risk management, the quality
strategis yang diambil, serta transparansi dan integritas dalam        of strategic decisions made, and transparency and integrity in
menjalankan tugasnya. Selain itu, Dewan Komisaris juga                 performing its duties. Furthermore, the Board of Commissioners
mengevaluasi kemampuan Direksi dalam mengantisipasi dan                also evaluates the Board of Directors’ ability to anticipate and
merespons perubahan lingkungan eksternal, termasuk kondisi             respond to changes in external environment, including market
pasar, perubahan regulasi, dan tren industri perbankan. Kinerja        conditions, regulatory changes, and trends in banking industry.
Direksi juga dinilai berdasarkan kemampuan dalam memelihara            The Board of Directors’ performance is also assessed based on its
stabilitas keuangan dan pertumbuhan yang sehat bagi Bank               ability to maintain financial stability and healthy growth for Bank
Victoria serta inisiatif dalam memajukan pelayanan kepada              Victoria and its initiatives in advancing services to customers and
nasabah dan masyarakat secara keseluruhan.                             community as a whole.


Berdasarkan hasil evaluasi yang dilakukan, kami mengapresiasi          Based on the evaluation results, we appreciate the performance
kinerja yang telah ditunjukkan oleh Direksi dalam mengoptimalkan       shown by the Board of Directors in optimizing the achievement of
pencapaian target-target yang telah ditetapkan sebelumnya.             previously set targets. From operational aspect, Bank Victoria’s
Dari aspek operasional, total simpanan Bank Victoria mencatatkan       total deposits recorded a growth of 15.78%, indicating success
pertumbuhan sebesar 15,78%, yang menunjukkan keberhasilan              in expanding fund base, a very important aspect for the Bank’s
dalam memperluas basis dana yang sangat penting bagi kegiatan          operational activities. Furthermore, credit achievement which
operasional bank. Selain itu, capaian kredit mencatatkan               recorded growth of 17.72% showed Bank Victoria’s commitment
pertumbuhan sebesar 17,72% menunjukkan komitmen Bank                   to supporting financing for various economic sectors, one
Victoria dalam mendukung pembiayaan bagi berbagai sektor               indicator of success in supporting the national economic growth.
ekonomi, yang merupakan salah satu indikator keberhasilan
dalam mendukung pertumbuhan ekonomi nasional.


Kinerja ini juga memungkinkan capaian profitabilitas Bank              This performance also enabled Bank Victoria’s profitability to be
Victoria terjaga dengan baik, terutama melalui perolehan               properly maintained, particularly through interest income growth
pertumbuhan pendapatan bunga sebesar 7,71%. Hal ini                    of 7.71%. This reflects the success of the Board of Directors in
mencerminkan keberhasilan Direksi dalam mengelola aset-                managing Bank assets efficiently and maintaining Bank Victoria’s
aset bank dengan efisien serta menjaga stabilitas keuangan             financial stability. Nonetheless, we also understood that financial
Bank Victoria. Namun demikian, kami juga memahami bahwa                market volatility and the trend of increasing interest rates
volatilitas pasar keuangan serta tren kenaikan suku bunga yang         that occurred throughout 2023 also affected Bank Victoria’s
terjadi sepanjang tahun 2023 turut memengaruhi kinerja Bank            performance, particularly in relation to the decline in net profit.
Victoria, terutama terkait dengan penurunan capaian laba               We believe that the Board of Directors has taken appropriate
bersih. Kami percaya bahwa Direksi telah mengambil langkah-            steps in facing this challenge, and we are optimistic that with
langkah yang tepat dalam menghadapi tantangan ini, dan kami            the appropriate strategy, Bank Victoria will continue to grow and
optimis bahwa dengan strategi yang tepat, Bank Victoria akan           provide added value for all stakeholders in the future.
terus berkembang dan memberikan nilai tambah bagi seluruh
pemangku kepentingan ke depan.


Hasil dari penilaian kinerja Direksi kemudian akan menjadi             The results of the Board of Directors’ performance assessment
dasar bagi Dewan Komisaris untuk memberikan masukan dan                will then serve as the basis for the Board of Commissioners to
rekomendasi kepada Direksi, baik untuk memperkuat keberhasilan         provide input and recommendations to the Board of Directors,
yang telah dicapai maupun untuk meningkatkan kinerja di area-          both to strengthen the successes achieved and to improve
area yang perlu perbaikan. Dengan demikian, penilaian kinerja          performance in areas requiring improvement. Thus, assessment
Direksi merupakan bagian integral dari upaya Dewan Komisaris           of the Board of Directors’ performance is an integral part of the
dalam memastikan bahwa Bank Victoria dikelola dengan baik dan          Board of Commissioners’ efforts to ensure that Bank Victoria
efektif sesuai dengan prinsip-prinsip tata kelola perusahaan yang      is managed properly and effectively, in accordance with the
baik.                                                                  principles of good corporate governance.




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      Laporan Manajemen
      Management Report




Pandangan atas Prospek Usaha                                           Views on Business Outlook

Pandangan atas prospek usaha Bank Victoria menyoroti berbagai          Bank Victoria’s view of business prospects highlights various
aspek yang menjadi faktor penentu dalam menghadapi masa                aspects that determine factors in facing the future. In this
depan. Dalam konteks ini, kami melihat Bank Victoria memiliki          context, we believe that Bank Victoria has great potential
potensi yang besar untuk terus berkembang dan memberikan               to continue to develop and make positive contributions to
kontribusi positif bagi pemangku kepentingan. Optimisme ini            stakeholders. This optimism is supported by projections of stable
didukung dengan proyeksi pertumbuhan ekonomi nasional yang             national economic growth, government support for financial
stabil, dukungan pemerintah terhadap sektor keuangan, dan              sector, and changes in people’s consumption patterns which
perubahan pola konsumsi masyarakat yang semakin cenderung              increasingly tend to be digital, becoming the main opportunity
digital menjadi peluang utama yang dapat dimanfaatkan. Selain          to be utilized. Apart from that, the adoption of technology in
itu, adopsi teknologi dalam layanan keuangan menjadi salah             financial services is an important point in increasing operational
satu poin penting dalam meningkatkan efisiensi operasional dan         efficiency and expanding the reach of services to customers.
memperluas jangkauan layanan kepada nasabah. Oleh karena               Therefore, we observe that Bank Victoria can take advantage
itu, kami memandang bahwa Bank Victoria dapat memanfaatkan             of the digitalization trend to develop innovative products and
tren digitalisasi untuk mengembangkan produk dan layanan yang          services, so as to provide greater added value for customers and
inovatif, sehingga dapat memberikan nilai tambah yang lebih besar      create competitive differentiation in the market.
bagi nasabah dan menciptakan diferensiasi kompetitif di pasar.


Namun, di sisi lain, Bank Victoria juga menghadapi berbagai            However, on the other side, Bank Victoria also needs to face various
tantangan seperti persaingan yang semakin ketat, perubahan             challenges, such as increasingly fierce competition, dynamic
regulasi yang dinamis serta risiko-risiko yang terkait dengan          regulatory changes, and risks related to changes in economic
perubahan kondisi ekonomi dan pasar. Oleh karena itu, strategi         and market conditions. Therefore, proactive strategies in risk
yang proaktif dalam manajemen risiko, adaptasi terhadap                management, adaptation to changes in business environment,
perubahan lingkungan bisnis, serta fokus pada pelayanan                and focus on high-quality services to customers are keys to
berkualitas tinggi kepada nasabah menjadi kunci dalam                  utilizing existing opportunities and overcoming the encountered
memanfaatkan peluang-peluang yang ada dan mengatasi                    challenges. With an optimistic but realistic view of business
tantangan yang dihadapi. Dengan pandangan yang optimis                 prospects, the Board of Commissioners believes that Bank
namun realistis terhadap prospek usaha, Dewan Komisaris                Victoria can continue to innovate, increase competitiveness, and
berkeyakinan Bank Victoria dapat terus berinovasi, meningkatkan        strengthen its position as one of business players in Indonesian
daya saing, dan memperkuat posisinya sebagai salah satu pelaku         banking industry.
bisnis dalam industri perbankan Indonesia.



Pandangan atas Penerapan Tata Kelola                                   Views on the Implementation of Good
Perusahaan yang Baik                                                   Corporate Governance

Penerapan tata kelola perusahaan yang baik (good corporate             The implementation of good corporate governance (GCG)
governance/GCG) merupakan fondasi yang kuat dalam menjaga              is a strong foundation in maintaining integrity, trust, and
integritas, kepercayaan, dan keberlanjutan Bank Victoria. Kami         sustainability of Bank Victoria. We also observe that GCG is not
juga memandang bahwa GCG bukan hanya sekadar kepatuhan                 only a compliance with applicable regulations and standards,
terhadap regulasi dan standar yang berlaku, tetapi juga mencakup       but also includes high ethical values, transparency, and
nilai-nilai etika, transparansi, dan akuntabilitas yang tinggi dalam   accountability in each Bank Victoria’s management aspect.
setiap aspek pengelolaan Bank Victoria. Oleh karena itu, kami          Therefore, we emphasize the importance of implementing GCG
menekankan pentingnya menerapkan prinsip-prinsip GCG secara            principles thoroughly in every decision and action taken by Bank
menyeluruh dalam setiap keputusan dan tindakan yang diambil            Victoria. This includes the strategic decision making process,
oleh Bank Victoria. Hal ini termasuk dalam proses pengambilan          risk management, GCG implementation, and relationships with
keputusan strategis, pengelolaan risiko, penerapan GCG, serta          stakeholders. We believe that by consistently implementing GCG,
hubungan dengan pemangku kepentingan. Kami percaya bahwa               Bank Victoria can strengthen its reputation as a responsible,
dengan menerapkan GCG secara konsisten, Bank Victoria dapat            professional, and trustworthy entity in the eyes of the market,
memperkuat reputasi sebagai entitas yang bertanggung jawab,            shareholders and society at large. Furthermore, implementing
profesional, dan dapat dipercaya di mata pasar, Pemegang               good GCG will also help Bank Victoria face complex challenges
Saham, dan masyarakat secara luas. Selain itu, penerapan GCG           in a dynamic business environment and compete fairly in the
yang baik juga akan membantu Bank Victoria dalam menghadapi            banking industry.
tantangan-tantangan yang kompleks di lingkungan bisnis yang
dinamis dan bersaing secara sehat dalam industri perbankan.




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Berdasarkan pandangan Dewan Komisaris atas penerapan GCG                 Based on the Board of Commissioners’ views on the
yang telah dijalankan sepanjang tahun 2023, kami melihat                 implementation of GCG throughout 2023, we see that efforts to
bahwa upaya-upaya dalam menjaga sekaligus meningkatkan                   maintain and improve the overall quality of GCG implementation
kualitas penerapan GCG secara keseluruhan di Bank Victoria               at Bank Victoria have improved. The concrete steps taken include
telah semakin baik. Langkah-langkah konkret yang telah diambil           increasing supervision of decision-making process, implementing
termasuk peningkatan pengawasan terhadap proses pengambilan              ethical business practices, and increasing communication and
keputusan, pelaksanaan praktik-praktik bisnis yang beretika, serta       openness to stakeholders. Apart from that, we also see a strong
peningkatan komunikasi dan keterbukaan kepada pemangku                   commitment from the Board of Directors in complying with
kepentingan. Selain itu, kami juga melihat adanya komitmen yang          applicable GCG standards, both in terms of transparent financial
kuat dari Direksi dalam mematuhi standar GCG yang berlaku,               reporting and maintaining independence and objectivity in
baik itu dalam hal pelaporan keuangan yang transparan maupun             decision making. However, we also realize that there is still room
dalam menjaga independensi dan objektivitas dalam pengambilan            for improvement and enhancement in certain aspects. Thus, we
keputusan. Meskipun demikian, kami juga menyadari bahwa masih            are committed to playing an active role in improving the quality
terdapat ruang untuk perbaikan dan peningkatan dalam beberapa            of GCG implementation at Bank Victoria by paying attention to
aspek tertentu. Dengan demikian, kami berkomitmen untuk turut            recommendations and input provided by related parties, and
berperan aktif dalam meningkatkan kualitas penerapan GCG di              through continuous evaluation and improvement in the GCG
Bank Victoria dengan memperhatikan rekomendasi dan masukan               process.
yang diberikan oleh pihak-pihak terkait, serta melalui evaluasi dan
perbaikan terus-menerus dalam proses GCG.



Pandangan atas Penerapan Tanggung Jawab                                  Views on the Implementation of Social and
Sosial dan Lingkungan                                                    Environmental Responsibility

Tanggung jawab sosial dan lingkungan menjadi hal yang penting            Social and environmental responsibility is an important matter
dalam menjaga harmoni antara pertumbuhan bisnis dengan                   in maintaining harmony between business growth and positive
dampak positif terhadap masyarakat dan lingkungan sekitar. Kami          impacts on community and surrounding environment. We
percaya bahwa sebagai entitas korporasi, Bank Victoria memiliki          believe that as a corporate entity, Bank Victoria has a moral
tanggung jawab moral dan etis untuk berkontribusi positif dalam          and ethical responsibility to contribute positively to building a
membangun masyarakat yang lebih berkelanjutan dan sejahtera.             more sustainable and prosperous community. In this context, we
Dalam konteks ini, kami telah mengamati langkah-langkah                  have observed the steps taken by Bank Victoria in implementing
yang diambil oleh Bank Victoria dalam menerapkan tanggung                social and environmental responsibility. Such steps include CSR
jawab sosial dan lingkungan. Langkah-langkah tersebut meliputi           programs that focus on improving community facilities and
program-program CSR yang berfokus pada perbaikan sarana dan              infrastructure, providing donations, and business practices with
prasarana sosial, pemberian donasi, serta praktik-praktik bisnis         due observance of environmental impacts. We also appreciate
yang memperhatikan dampak lingkungan. Kami juga mengapresiasi            Bank Victoria’s commitment to channeling financing to debtors
komitmen Bank Victoria dalam menyalurkan pembiayaan kepada               who always pay attention to environmental sustainability in their
debitur-debitur yang senantiasa memperhatikan kelestarian                operational activities.
lingkungan dalam kegiatan operasionalnya.


Selain itu, kami juga melihat bahwa Bank Victoria telah                  Furthermore, we also review that Bank Victoria has paid
memperhatikan aspek lingkungan dalam kegiatan operasional                attention to environmental aspects in operational activities
dengan mengimplementasikan praktik-praktik yang ramah                    by implementing environmentally friendly and sustainable
lingkungan dan berkelanjutan, seperti penggunaan sumber daya             practices, such as responsible use of resources, efficient waste
yang bertanggung jawab, pengelolaan limbah yang efisien, serta           management, and support for greening programs around the
dukungan terhadap program-program penghijauan di sekitar                 operational area. Nevertheless, we still believe that there is still
area operasional. Meskipun demikian, kami tetap memandang                room for improvement and enhancement in the implementation
bahwa masih terdapat ruang untuk perbaikan dan peningkatan               of social and environmental responsibility. We encourage Bank
dalam penerapan tanggung jawab sosial dan lingkungan.                    Victoria to continuously improve CSR programs with direct impact
Kami mendorong Bank Victoria untuk terus meningkatkan                    on community and strengthen sustainable practices in banking
program-program CSR yang berdampak langsung bagi                         operational activities. In this way, Bank Victoria can make greater
masyarakat, serta memperkuat praktik-praktik berkelanjutan               and more sustainable contribution in establishing positive value
dalam kegiatan operasional perbankan. Dengan demikian, Bank              for the community and the surrounding environment.
Victoria dapat memberikan kontribusi yang lebih besar dan
berkelanjutan dalam menciptakan nilai positif bagi masyarakat
dan lingkungan sekitar.




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Perubahan Komposisi Anggota Dewan                                     Changes in the Board of Commissioners’
Komisaris                                                             Composition

Sepanjang tahun 2023, tidak terdapat perubahan terkait                Throughout 2023, there were no changes to the composition
komposisi anggota Dewan Komisaris Bank Victoria. Komposisi            of the Board of Commissioners of Bank Victoria. The current
Dewan Komisaris yang menjabat saat ini meliputi:                      composition of the Board of Commissioners includes:
Komisaris Utama            : Zaenal Abidin, Ph.D                      Independent President         : Zaenal Abidin, Ph.D
Independen                                                            Commissioner
Komisaris/Komisaris        : Gunawan Tenggarahardja                   Commissioner/Independent      : Gunawan Tenggarahardja
Independen                                                            Commissioner
Komisaris                  : Sia Leng Ho                              Commissioner		                : Sia Leng Ho



Penutup                                                               Closing

Menutup penyampaian laporan ini, saya atas nama Dewan                 Concluding the submission of this report, I, on behalf of the
Komisaris Bank Victoria menyampaikan apresiasi dan terima             Board of Commissioners of Bank Victoria, would like to express
kasih yang tulus kepada Direksi atas kepemimpinan yang kuat           our sincere appreciation and gratitude to the Board of Directors
dan visi strategisnya yang telah membimbing perjalanan sukses         for their strong leadership and strategic vision that have guided
Bank Victoria.                                                        Bank Victoria’s successful journey.


Apresiasi dan terima kasih juga diberikan kepada Pemegang Saham       Appreciation and thanks are also expressed to the Shareholders
atas dukungan yang telah diberikan, baik dalam bentuk investasi       for their supports, both in the form of investment and continued
maupun kepercayaan yang terus dipertahankan, sehingga menjadi         trust, thus providing a solid foundation for Bank Victoria to
fondasi yang kokoh bagi Bank Victoria untuk terus tumbuh dan          continue to grow and develop amidst competitive market
berkembang di tengah dinamika pasar yang kompetitif.                  dynamics.


Ucapan terima kasih juga kami sampaikan kepada Nasabah yang           We also would like to express our gratitude to the customers
telah memilih Bank Victoria sebagai mitra keuangan, Regulator         who have chosen Bank Victoria as their financial partner, to
atas bimbingan yang berharga dalam menjalankan operasional            the regulators for their valuable guidance in performing Bank
Bank Victoria dengan baik dan sesuai regulasi, serta kepada           Victoria’s operations properly and according to regulations, and
pemangku kepentingan lainnya yang telah memberikan dukungan           to other stakeholders who have provided meaningful support and
dan kerja sama yang berarti bagi kemajuan Bank Victoria.              cooperation for the progress of Bank Victoria.


Semoga kerja sama yang telah terjalin dapat terus ditingkatkan        We hope the established cooperation can continue to be
dan menghasilkan nilai tambah yang berkelanjutan bagi seluruh         improved and produce sustainable added value for all related
pihak terkait. Dengan sinergi yang kuat, Bank Victoria dapat          parties. With strong synergy, Bank Victoria can continue to
terus berkembang dalam persaingan industri perbankan yang             develop, in a competitive banking industry, to become a Bank
bertanggung jawab, profesional, dan memberikan dampak positif         that is responsible, professional, and having positive impact on
bagi masyarakat dan lingkungan sekitar.                               community and the surrounding environment.




                                                         Jakarta, April 2024


                                  Atas nama Dewan Komisaris PT Bank Victoria International Tbk
                           On behalf of the Board of Commissioners of PT Bank Victoria International Tbk




                                                     Zaenal Abidin Ph.D
                                                    Komisaris Utama Independen
                                                Independent President Commissioner




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Dewan Komisaris
Board of Commissioners




                3                                  1                                               2


1. Zaenal Abidin Ph.D                  2. Gunawan Tenggarahardja                                    3. Sia Leng Ho
  Komisaris Utama Independen             Komisaris/Komisaris Independen                                 Komisaris
  President Commissioner Independent     Commissioner/Independent Commissioner                          Commissioner




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Laporan
Direksi
Board of
Directors’ Report




                                                                                                               ACHMAD
                                                                                                          FRISCANTONO
                                                                                                                      Direktur Utama
                                                                                                                    President Director



     Pemegang Saham dan Pemangku Kepentingan yang Terhormat,
     Dear Honorable Shareholders and Stakeholders,


     Puji dan syukur kami panjatkan kepada Tuhan Yang Maha Esa atas pencapaian dan kinerja membanggakan yang telah diraih
     Bank Victoria selama tahun 2023. Merupakan suatu kehormatan bagi kami, mewakili Direksi Bank Victoria menyampaikan
     laporan kinerja Bank untuk tahun buku 2023. Di tengah berbagai tantangan dan dinamika, Bank Victoria terus berupaya
     untuk mempertahankan keunggulan-keunggulan kompetitif yang dimiliki dalam rangka meningkatkan daya saing sebagai
     salah satu pelaku utama dalam industri perbankan yang bertanggung jawab, profesional, dan memberikan nilai tambah yang
     berkelanjutan bagi semua pemangku kepentingan. Melalui laporan ini, kami ingin menggambarkan perjalanan yang telah kami
     lalui, mencatat pencapaian yang diraih, serta menguraikan strategi yang telah kami rancang untuk memastikan pertumbuhan
     berkelanjutan Bank Victoria.


     Let us send praise and express gratitude to the God Almighty for the proud achievements and performance achieved by
     Bank Victoria throughout 2023. It is an honor for us, representing the Board of Directors of Bank Victoria to present the
     Bank’s performance report for the 2023 fiscal year. In the midst of various challenges and dynamics, Bank Victoria strives to
     maintain its competitive advantages to increase its competitiveness as one main player in banking industry that is responsible,
     professional, and provides sustainable added value for all stakeholders. Through this report, we would like to describe the
     journey we have gone through, record the achievements achieved, and outline the strategies designed to ensure sustainable
     growth of Bank Victoria.




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Tantangan Ekonomi dan Industri Perbankan                               Economic Challenges and Banking Industry
Tahun 2023                                                             in 2023

Perkembangan perekonomian global tahun 2023 kembali                    The development of the global economy in 2023 was faced with
dihadapkan pada berbagai tantangan dan dinamika yang                   various challenges and dynamics that influenced the slowdown
mempengaruhi pelambatan pertumbuhan ekonomi global.                    in global economic growth. Geopolitical uncertainties, such as
Ketidakpastian geopolitik, seperti perang Rusia di Ukraina maupun      Russia’s war in Ukraine and trade tensions between the United
ketegangan perdagangan antara Amerika Serikat dan Tiongkok,            States and China, were major factors hampering the rate of global
menjadi faktor utama yang menghambat laju pertumbuhan                  economic growth. Furthermore, global economic dynamics
ekonomi global. Selain itu, dinamika ekonomi global juga               were also affected by increased financial market uncertainty,
dipengaruhi oleh peningkatan ketidakpastian pasar keuangan,            commodity price fluctuations, and economic imbalances
fluktuasi harga komoditas, dan ketidakseimbangan ekonomi               between countries. The widening disparity in economic growth
antarnegara. Disparitas pertumbuhan ekonomi yang semakin               was also a major concern in the global economy. Some developed
melebar juga menjadi perhatian utama dalam perekonomian                countries managed to maintain stable economic growth, while




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global. Beberapa negara maju berhasil mempertahankan                   emerging economies encountered more significant challenges,
pertumbuhan ekonomi yang stabil, sementara ekonomi-                    particularly in maintaining currency stability and controlling
ekonomi negara berkembang menghadapi tantangan yang lebih              inflation levels. Such matters showed the complexity in global
signifikan, terutama dalam menjaga stabilitas mata uang dan            economic dynamics requiring collaborative efforts to overcome
mengendalikan tingkat inflasi. Hal ini menunjukkan kompleksitas        the issues and maintain overall economic stability.
dalam dinamika perekonomian global yang membutuhkan upaya
kolaboratif untuk mengatasi masalah yang dihadapi dan menjaga
stabilitas ekonomi secara keseluruhan.


Di tengah tantangan perekonomian global, perekonomian                  Amidst global economic challenges, the Indonesian economy
Indonesia tahun 2023 terus menunjukkan kestabilan dan daya             in 2023 continued to show stability and resilience by recording
tahan dengan mencatatkan pertumbuhan sebesar 5,04%. Hal                a growth of 5.04%. This showed that economic policies,
ini menunjukkan bahwa kebijakan-kebijakan ekonomi yang                 implemented by the government together with financial
diterapkan oleh pemerintah, bersama dengan stabilitas keuangan         stability and maintained investor confidence, provided a strong
dan kepercayaan investor yang terjaga, memberikan fondasi yang         foundation for sustainable economic growth in Indonesia. The
kuat bagi pertumbuhan ekonomi yang berkelanjutan di Indonesia.         contribution of key sectors, such as sectors of service that was
Kontribusi sektor-sektor kunci seperti sektor jasa yang dinamis,       dynamic, industry that continued to innovate, and agriculture
industri yang terus berinovasi, dan pertanian yang semakin             that was increasingly productive, also strengthened the
produktif, turut memperkuat kinerja ekonomi nasional. Tidak            national economic performance. Not only that, inflation that
hanya itu, inflasi yang tetap terjaga pada tingkat yang moderat        was maintained at moderate level was also an important factor
juga menjadi faktor penting dalam menjaga stabilitas ekonomi           in maintaining Indonesia’s economic stability, strengthening
Indonesia, memperkuat daya beli masyarakat, dan mendorong              people’s purchasing power, and encouraging sustainable
investasi yang berkelanjutan. Capaian ini mendorong berbagai           investment. This achievement encouraged various national
sektor industri nasional mencatatkan kinerja yang kondusif,            industrial sectors to record conducive performance, including the
termasuk sektor keuangan.                                              financial sector.


Di sektor keuangan, industri perbankan Indonesia menunjukkan           In financial sector, Indonesian banking industry demonstrated
ketahanan yang baik meskipun dalam situasi ekonomi yang                good resilience despite the challenging economic situation.
menantang. Pertumbuhan kredit perbankan kepada pihak ketiga            Banking loans to third parties was recorded increasing by
tercatat 10,38%, menunjukkan bahwa sektor keuangan mampu               10.38%, indicating that financial sector continued to support
terus mendukung aktivitas ekonomi dan memainkan peran                  economic activity and played an important role in driving growth.
penting dalam mendorong pertumbuhan. Selain itu, Dana Pihak            Furthermore, Third Party Funds (DPK) also recorded a growth of
Ketiga (DPK) juga mencatatkan pertumbuhan sebesar 3,73%,               3.73%, indicating that banking sector liquidity remained well
mengindikasikan bahwa likuiditas sektor perbankan tetap terjaga        maintained. Efforts to develop innovative banking products and
dengan baik. Upaya pengembangan inovasi produk dan layanan             services also contributed to expanding financial access and
perbankan juga turut berkontribusi dalam memperluas akses              increasing financial inclusion at various levels of community.
keuangan dan meningkatkan inklusi keuangan di berbagai lapisan         In facing changing economic dynamics, banking industry kept
masyarakat. Dalam menghadapi dinamika ekonomi yang berubah-            focus on improving operational efficiency and managing risk
ubah, industri perbankan tetap fokus pada upaya meningkatkan           more effectively. This was inseparable from efforts to maintain
efisiensi operasional dan mengelola risiko dengan lebih efektif.       the stability and growth of banking industry as a whole, while
Hal ini tidak terlepas dari upaya untuk menjaga stabilitas dan         ensuring that this sector remained the main driver in supporting
pertumbuhan industri perbankan secara keseluruhan, sekaligus           Indonesia’s economic growth.
memastikan bahwa sektor ini tetap menjadi pendorong utama
dalam mendukung pertumbuhan ekonomi Indonesia.



Kebijakan dan Strategi Keberlanjutan yang                              Policies and Sustainability Strategies Taken
Ditempuh Bank Victoria                                                 by Bank Victoria

Menghadapi tantangan serta peluang yang berkembang                     Facing growing challenges and opportunities throughout
sepanjang tahun 2023, Bank Victoria telah mengadopsi kebijakan         2023, Bank Victoria adopted policies and strategies aimed at
dan strategi yang bertujuan untuk memperkuat daya saing di pasar       strengthening competitiveness in the market and meeting
dan memenuhi kebutuhan serta harapan pelanggan. Dari segi              customer needs and expectations. From operational perspective,




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operasional, Bank Victoria memprioritaskan strategi pendanaan         Bank Victoria prioritizes funding strategies as a strategic step
sebagai langkah strategi dalam menjaga dan meningkatkan               in maintaining and increasing customer loyalty. Bank Victoria
loyalitas nasabah. Bank Victoria berharap menjadi Bank pilihan        expects to be customers’ preferred Bank that is trusted, healthy,
nasabah yang dipercaya, sehat, efisien, dan mendukung                 efficient, and supporting sustainable growth by prioritizing
pertumbuhan berkelanjutan dengan mengedepankan kebutuhan              customer needs, developing human resources, carrying out
nasabah, mengembangkan sumber daya manusia, menjalankan               banking operations by applying prudential principle, and
operasional perbankan dengan menerapkan prinsip kehati-               implementing risk management processes in accordance with
hatian, serta mengimplementasikan proses manajemen risiko             the Bank’s vision and mission.
sesuai visi dan misi Bank.


Di sisi lain, strategi bidang perkreditan diprioritaskan pada         On the other hand, credit sector strategy prioritizes efforts to
upaya menjaga dan meningkatkan kualitas kredit dengan target          maintain and improve credit quality with a target of healthy and
pertumbuhan yang sehat dan berkesinambungan. Bank Victoria            sustainable growth. Bank Victoria always pays attention to the
senantiasa memperhatikan kualitas portofolio kredit, termasuk         quality of its credit portfolio, including careful customer selection
pemilihan nasabah yang cermat dan pengelolaan risiko yang             and effective risk management. In this way, Bank Victoria can
efektif. Dengan demikian, Bank Victoria dapat meminimalkan            minimize credit risk and ensure that the credit growth achieved
risiko kredit dan memastikan bahwa pertumbuhan kredit yang            is sustainable and makes a positive contribution to the Bank’s
dicapai adalah berkelanjutan dan memberikan kontribusi positif        financial results.
terhadap hasil kinerja keuangan Bank.


Selain itu, Bank Victoria juga melakukan pengembangan secara          Furthermore, Bank Victoria also carries out continuous
berkelanjutan dalam revamping terhadap internet banking dan           development in revamping internet banking and mobile banking.
mobile banking. Langkah ini direalisasikan melalui pengembangan       This step is realized through the development of excellent and
fitur-fitur yang unggul dan aman, sehingga memberikan                 secure features, thereby providing easy access and smooth and
kemudahan akses dan pengalaman bertransaksi yang lancar               efficient transaction experience for customers. By continuing
dan efisien bagi nasabah. Dengan terus meningkatkan teknologi         to improve information technology, Bank Victoria ensures the
informasi, Bank Victoria dapat memastikan bahwa ketersediaan          availability of the best products and services for customers
produk dan layanan yang terbaik untuk nasabah sekaligus tetap         while maintaining customer security and comfort in banking
menjaga keamanan dan kenyamanan nasabah bertransaksi                  transactions. Investment in information technology is one of
perbankan. Investasi dalam teknologi informasi menjadi salah          Bank Victoria’s main priorities to ensure that its information
satu prioritas utama Bank Victoria untuk memastikan bahwa             technology is always ready to face the ever-growing market
teknologi informasi yang dimiliki selalu siap menghadapi              demands, while ensuring that customer data and transactions are
tuntutan pasar yang terus berkembang, sambil memastikan               well protected. In this way, Bank Victoria can remain competitive
bahwa data dan transaksi nasabah tetap terlindungi dengan             and responsive to changes in the dynamic business environment.
baik. Dengan demikian, Bank Victoria dapat tetap kompetitif dan
responsif terhadap perubahan lingkungan bisnis yang dinamis.



Peranan Direksi dalam Perumusan dan                                   Board of Directors’ Role in Formulation and
Implementasi Strategi Keberlanjutan                                   Implementation of Sustainability Strategy

Peranan Direksi dalam perumusan dan implementasi strategi             The Board of Directors’ role in formulating and implementing
merupakan fondasi utama yang mengarahkan Bank Victoria untuk          strategy is the main foundation that directs Bank Victoria to
mencapai target-target kinerja maupun visi jangka panjang.            achieve performance targets and long-term vision. The Board
Direksi bertanggung jawab atas pembuatan keputusan strategis          of Directors is responsible for making fundamental strategic
yang mendasar, termasuk penetapan tujuan jangka panjang,              decisions, including setting long-term goals, taking controlled
pengambilan risiko yang terkontrol, dan pengembangan inisiatif-       risks, and developing initiatives in order to achieve Bank
inisiatif dalam rangka mencapai visi dan misi Bank Victoria.          Victoria’s vision and mission. Furthermore, the Board of Directors
Selain itu, Direksi juga berperan dalam memastikan bahwa              also plays a role in ensuring that the strategies formulated are in
strategi yang dirumuskan sesuai dengan nilai-nilai perusahaan         line with the Company’s values and considering external factors
dan memperhatikan faktor-faktor eksternal yang memengaruhi            that influence business performance. Apart from formulating
kinerja bisnis. Selain perumusan strategi, Direksi juga memiliki      strategy, the Board of Directors also has a large responsibility in
tanggung jawab yang besar dalam implementasi strategi. Direksi        implementing strategy. The Board of Directors always ensures




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senantiasa memastikan bahwa rencana strategis dijalankan               that strategic plans are implemented effectively and efficiently in
dengan efektif dan efisien di seluruh unit bisnis Bank Victoria. Hal   all Bank Victoria business units. This involves careful monitoring
ini melibatkan pengawasan yang cermat terhadap pelaksanaan             of plan implementation, appropriate allocation of resources, and
rencana, alokasi sumber daya yang tepat, dan evaluasi terus-           continuous evaluation of performance to ensure the achievement
menerus terhadap kinerja untuk memastikan pencapaian tujuan            of the predetermined objectives.
yang telah ditetapkan.


Peranan Direksi tidak hanya berfokus pada tahap perumusan              The role of the Board of Directors does not only focus on strategy
dan implementasi strategi. Direksi juga senantiasa memastikan          formulation and implementation phase. The Board of Directors
adanya mekanisme pengukuran kinerja yang jelas dan                     also always ensures that there is a clear and transparent
transparan, serta melakukan koreksi dan penyesuaian strategis          performance measurement mechanism, and makes strategic
jika diperlukan untuk menghadapi perubahan kondisi pasar               corrections and adjustments, if necessary, to face changes in
dan lingkungan bisnis yang dinamis. Direksi bertanggung jawab          market conditions and dynamic business environment. The Board
untuk menetapkan indikator kinerja yang terukur dan dapat              of Directors is in charge of establishing performance indicators
dinilai secara objektif, sehingga memungkinkan evaluasi yang           that are measurable and can be assessed objectively, thereby
komprehensif terhadap pencapaian tujuan strategis Bank                 enabling a comprehensive evaluation of the achievement of Bank
Victoria. Selain itu, Direksi juga memiliki tanggung jawab untuk       Victoria’s strategic objectives. In addition, the Board of Directors
melakukan koreksi dan penyesuaian strategis jika diperlukan,           is also in charge of making strategic corrections and adjustments,
agar Bank Victoria dapat tetap responsif terhadap perubahan            if necessary, so as Bank Victoria can remain responsive to changes
kondisi pasar dan lingkungan bisnis yang dinamis.                      in market conditions and dynamic business environment.



Pencapaian Target dan Kinerja                                          Target Achievement and Sustainability
Keberlanjutan Bank Victoria                                            Performance of Bank Victoria

Efektivitas implementasi strategi keberlanjutan yang dijalankan        The effectiveness of sustainability strategy implemented by
Direksi memungkinkan Bank Victoria mampu memperoleh                    the Board of Directors has enabled Bank Victoria to achieve
pencapaian yang mengesankan dalam berbagai aspek,                      impressive achievements in various aspects, thereby confirming
sehingga menegaskan posisi sebagai lembaga keuangan yang               its position as a well-performing and sustainable financial
berkinerja baik dan berkelanjutan. Pencapaian target dan kinerja       institution. Bank Victoria’s target achievement of sustainability
keberlanjutan Bank Victoria tercermin dalam berbagai indikator         performance are reflected in various healthy growth indicators,
yang menunjukkan pertumbuhan yang sehat, kepatuhan terhadap            compliance with regulations, and positive contributions to the
regulasi, serta kontribusi positif terhadap masyarakat dan             community and environment. In terms of growth, Bank Victoria’s
lingkungan. Dalam hal pertumbuhan, kinerja penghimpunan Bank           collection performance also shows a positive trend, with stable
Victoria juga menunjukkan tren positif, dengan pertumbuhan yang        and sustainable growth in line with effective fund collection
stabil dan berkelanjutan seiring dengan strategi penghimpunan          strategy and maintained customer trust. In 2023, the total
dana yang efektif dan kepercayaan nasabah yang terjaga.                deposits were recorded at Rp22.43 trillion, an increase of 15.78%
Pada tahun 2023, total simpanan tercatat sebesar Rp22,43               compared to Rp19.37 trillion in 2022. Furthermore, Bank Victoria
triliun, meningkat sebesar 15,78% dibandingkan tahun 2022              also managed to achieve healthy and sustainable lending target,
sebesar Rp19,37 triliun. Selain itu, Bank Victoria juga berhasil       with credit growth balanced by an increase in the quality of credit
mencapai target penyaluran dana yang sehat dan berkelanjutan,          portfolio. Throughout 2023, Bank Victoria disbursed total loans
dengan pertumbuhan kredit yang diimbangi oleh peningkatan              of Rp18.63 trillion, an increase of 17.72% compared to Rp15.82
kualitas portofolio kredit. Sepanjang tahun 2023, Bank Victoria        trillion in 2022.
menyalurkan total kredit sebesar Rp18,63 triliun, meningkat
sebesar 17,72% dibandingkan tahun 2022 sebesar Rp15,82 triliun.


Bank Victoria juga mencatat pertumbuhan yang positif pada              Bank Victoria also recorded positive growth in total assets of
total aset sebesar 14,24%, liabilitas sebesar 16,05%, dan ekuitas      14.24%, liabilities of 16.05%, and equity of 3.36%, reflecting
sebesar 3,36%, mencerminkan stabilitas dan pertumbuhan                 stability and balanced growth in the Bank’s operations. Bank
yang seimbang dalam operasional bank. Pendapatan bunga                 Victoria’s interest income also showed a positive increase,
juga menunjukkan peningkatan yang positif, mencerminkan                reflecting the effectiveness of the Bank’s business development
efektivitas strategi pengembangan bisnis dan diversifikasi produk      and product diversification strategies. Nevertheless, the increase




44        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 47
yang dilakukan Bank. Meskipun demikian, peningkatan suku                in interest rates affected the increasing interest expense,
bunga berpengaruh pada peningkatan beban bunga sehingga                 suppressing the net income. Despite facing such challenges,
menekan capaian laba bersih. Meski menghadapi tantangan ini,            Bank Victoria continues to provide a strong commitment to
Bank Victoria tetap memberikan komitmen yang kuat terhadap              sustainability and quality performance, by continuing to optimize
keberlanjutan dan kinerja yang berkualitas, dengan terus                business strategies and manage risks effectively.
mengoptimalkan strategi bisnis dan pengelolaan risiko secara
efektif.


Komitmen Bank Victoria akan Penerapan                                   Bank Victoria’s Commitment to
Keuangan Berkelanjutan                                                  Implementing Sustainable Finance

Sejalan dengan itu, penerapan keuangan berkelanjutan dalam              In line with the matters, the implementation of sustainable
lingkup bisnis Bank Victoria juga terus dikembangkan sesuai             finance within Bank Victoria’s business scope also continues to
dengan roadmap dalam Rencana Aksi Keuangan Berkelanjutan                be developed in accordance with the roadmap in the Sustainable
(RAKB) 2023-2027. Pada tahun 2023, fokus dari aksi keuangan             Finance Action Plan (RAKB) for 2023-2027. In 2023, the
berkelanjutan Bank Victoria, meliputi penguatan kapasitas internal      focus of Bank Victoria’s sustainable finance actions included
Bank Victoria, penyesuaian peraturan internal, pengembangan             strengthening Bank Victoria’s internal capacity, adjusting
bisnis yang mendukung prinsip keuangan berkelanjutan, serta             internal regulations, developing businesses that supported
pemberian dukungan yang komprehensif pada inisiatif keuangan            sustainable finance principles, and providing comprehensive
berkelanjutan. Terkait dengan hal ini, Bank Victoria telah              support for sustainable finance initiatives. In this regard, Bank
menyalurkan produk pembiayaan kepada debitur yang sesuai                Victoria distributed financing products to debtors that complied
dengan kriteria kegiatan usaha berkelanjutan, sejalan dengan            with the criteria for sustainable business activities, in line with the
tujuan Pembangunan Berkelanjutan (SDGs). Langkah-langkah ini            Sustainable Development Goals (SDGs). These steps demonstrate
menunjukkan keseriusan Bank Victoria dalam mendukung praktik            Bank Victoria’s seriousness in supporting environmentally and
keuangan yang ramah lingkungan dan sosial, serta mendukung              socially friendly financial practices and supporting the overall
visi dan misi pembangunan berkelanjutan secara menyeluruh.              vision and mission of sustainable development.


Dengan RAKB sebagai landasan strategis, Bank Victoria bertekad          With RAKB as a strategic basis, Bank Victoria is determined to
untuk terus meningkatkan kinerja keuangan yang berkelanjutan            continue to improve sustainable financial performance and
serta memperluas dampak positif terhadap lingkungan dan                 expand positive impacts on environment and community.
masyarakat. Evaluasi dan pemantauan terus-menerus dilakukan             Continuous evaluation and monitoring are carried out to ensure
untuk memastikan bahwa implementasi RAKB berjalan sesuai                that the RAKB implementation is in accordance with the plan and
dengan rencana dan memberikan kontribusi terhadap pencapaian            contributes to achieving the sustainable financial goals. Bank
tujuan keuangan berkelanjutan. Bank Victoria juga berkomitmen           Victoria is also committed to continuing to innovate in financial
untuk terus berinovasi dalam produk dan layanan keuangan yang           products and services that support sustainable practices, so
mendukung praktik berkelanjutan, sehingga dapat memberikan              that they can provide sustainable added value for customers,
nilai tambah yang berkelanjutan bagi nasabah, pemangku                  stakeholders, and the community at large.
kepentingan, dan komunitas secara luas.



Penerapan Tata Kelola Perusahaan yang Baik                              Implementation of Good Corporate
                                                                        Governance

Penerapan GCG merupakan suatu komitmen yang tak terpisahkan             GCG implementation is an inseparable commitment of Bank
dari Bank Victoria. Bank Victoria percaya bahwa GCG bukan hanya         Victoria. Bank Victoria believes that GCG is not only a legal
sekadar kewajiban hukum, tetapi juga fondasi yang kokoh untuk           obligation, but also a solid basis for establishing long-term
menciptakan nilai jangka panjang bagi Bank Victoria dan seluruh         value for Bank Victoria and all stakeholders. By comprehensively
pemangku kepentingan. Dengan mengintegrasikan prinsip-prinsip           integrating GCG principles, Bank Victoria ensures that all
GCG secara komprehensif, Bank Victoria memastikan bahwa                 business and operational lines always prioritize ethical behavior,
semua lini bisnis dan operasional senantiasa mengedepankan              accountability, transparency, and sustainability. The GCG
perilaku beretika, akuntabilitas, transparansi, dan keberlanjutan.      principles implemented by Bank Victoria are also supported
Prinsip-prinsip GCG yang diterapkan oleh Bank Victoria tersebut         by the presence of governance organs, such as the Board of




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk         45
Page 48
      Laporan Manajemen
      Management Report




juga didukung oleh keberadaan organ tata kelola, seperti               Commissioners, Board of Directors, and committees, that comply
Dewan Komisaris, Direksi, dan komite-komite yang sesuai                with regulations and best practices in banking industry and have
dengan regulasi dan praktik terbaik industri perbankan serta           the best and relevant competencies in their respective fields.
memiliki kompetensi yang terbaik dan relevan pada bidangnya
masing-masing.


Komitmen yang kuat dari Bank Victoria terhadap penerapan GCG           Bank Victoria’s strong commitment to GCG implementation is
juga diimbangi dengan evaluasi rutin dalam rangka meningkatkan         also balanced with routine evaluations in order to continuously
kualitas penerapan GCG secara berkesinambungan. Setiap                 improve the quality of GCG implementation. Every year, Bank
tahun, Bank Victoria melaksanakan self-assessment GCG untuk            Victoria carries out GCG self-assessment to assess the extent to
menilai sejauh mana implementasi GCG sesuai dengan standar             which GCG implementation is in accordance with standards and
dan praktik terbaik di industri perbankan. Hasil evaluasi tersebut     best practices in banking industry. The evaluation results become
menjadi dasar untuk mengidentifikasi potensi kesenjangan               the basis for identifying potential gaps in GCG implementation
dalam Penerapan GCG dan mengambil langkah perbaikan yang               and taking necessary corrective steps. Based on the results of the
diperlukan. Berdasarkan hasil self assessment yg dilakukan, Bank       self-assessment carried out, Bank Victoria continues to focus on
Victoria terus berfokus pada peningkatan governance structure,         improving the governance structure, governance process, and
governance process, dan governance outcome pada 11 aspek               governance outcomes in 11 aspects of GCG Assessment, which
Penilaian GCG, yang saat ini mulai dikembangkan menjadi 16             are currently being developed into 16 assessment aspects, based
aspek penilaian, berdasarkan Peraturan Otoritas Jasa Keuangan          on the latest Financial Services Authority Regulation on GCG,
GCG terbaru, yaitu Peraturan Otoritas Jasa Keuangan No. 17             which is the Financial Services Authority Regulation No. 17 of
Tahun 2023. Hal ini meliputi pembentukan komite-komite                 2023. This includes the establishment of committees in charge
yang bertugas mengawasi berbagai aspek GCG, pelatihan dan              of overseeing various GCG aspects, continuous training and
pengembangan kompetensi berkesinambungan kepada anggota                competency development for members of Board of Directors and
Direksi dan karyawan.                                                  employees.


Bank Victoria juga terus mengembangkan sistem pengendalian             Bank Victoria also continues to develop internal control and
internal dan manajemen risiko sebagai bagian integral dari             risk management systems as integral parts of GCG practices.
praktik GCG. Hal ini mencakup implementasi prosedur dan                This includes implementing clear procedures and policies,
kebijakan yang jelas, pemantauan terhadap kepatuhan terhadap           monitoring regulatory compliance, identifying and mitigating
regulasi, identifikasi dan mitigasi risiko secara proaktif, serta      risk proactively, and transparent reporting to stakeholders. With
pelaporan yang transparan kepada pemangku kepentingan.                 strong commitments and continuous efforts to improve GCG,
Dengan komitmen yang kuat dan upaya berkelanjutan                      Bank Victoria ensures that it protects all stakeholders’ interests
dalam meningkatkan GCG, Bank Victoria memastikan bahwa                 properly and provides sustainable added value.
kepentingan seluruh pemangku kepentingan terjaga dengan baik
dan memberikan nilai tambah yang berkelanjutan.



Prospek Usaha Keberlanjutan Tahun 2024                                 Sustainability Business Outlook for 2024

Prospek usaha tahun 2024 menghadirkan sejumlah tantangan               Business outlook for 2024 presents a number of complex and
yang kompleks dan dinamis, terutama di tengah dinamika global          dynamic challenges, particularly amidst the ongoing global
yang masih berlanjut. Perekonomian global diprediksi akan              uncertainty. The global economy is predicted to remain shadowed
tetap dibayangi berbagai risiko, seperti pelambatan ekonomi            by various risks, such as slowdown in Chinese economy, unstable
Tiongkok, fluktuasi harga komoditas yang komoditas yang tinggi,        fluctuations in commodity prices, and geopolitical tensions in
dan ketegangan geopolitik di beberapa wilayah dunia. Meskipun          several regions of the world. Nonetheless, the global economic
demikian, terdapat proyeksi pertumbuhan ekonomi global                 is projected to grow by 2.8% in 2024, indicating that there are
sebesar 2,8% pada tahun 2024, menunjukkan adanya upaya                 recovery efforts despite the challenging conditions. On the other
pemulihan meskipun dalam kondisi yang penuh tantangan.                 hand, the Indonesian economy is predicted to grow in the range
Di sisi lain, perekonomian Indonesia diprediksi akan tumbuh            of 4.7%-5.5% in 2024. This is supported by a number of positive
dalam kisaran 4,7%-5,5% pada tahun 2024. Hal ini didukung              factors, such as increased private consumption, ongoing fiscal
oleh sejumlah faktor positif, seperti meningkatnya konsumsi            and monetary policy support, and increasing role of younger
swasta yang terjaga, dukungan kebijakan fiskal dan moneter yang        generation in supporting the economic growth. This projection
terus dilakukan, serta peran yang semakin besar dari generasi          shows that despite facing global pressures, the Indonesian




46        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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muda dalam mendukung pertumbuhan ekonomi. Proyeksi ini                  economy has the potential to continuously improve and positively
menunjukkan bahwa meskipun menghadapi tekanan global,                   contribute to the regional growth.
perekonomian Indonesia memiliki potensi untuk terus membaik
dan berkontribusi positif terhadap pertumbuhan regional.


Dari sisi industri keuangan, pelonggaran kebijakan makroprudensial      From the financial industry side, the loosening of implemented
yang diterapkan diproyeksikan dapat memberikan dorongan                 macroprudential policy is projected to trigger healthy loan
terhadap pertumbuhan kredit yang sehat, menjaga stabilitas              growth, maintain financial system stability, and expand
sistem keuangan, dan memperluas inklusi ekonomi. Langkah-               economic inclusion. These steps are expected to produce a
langkah ini diharapkan dapat menghasilkan lingkungan yang               more conducive environment for financial institutions to provide
lebih kondusif bagi lembaga keuangan untuk memberikan                   optimal financing to various economic sectors, while maintaining
pembiayaan yang optimal kepada berbagai sektor ekonomi,                 balance and mitigating risks in the financial system as a whole.
sambil tetap menjaga keseimbangan dan mitigasi risiko dalam             Furthermore, the policy loosening is also expected to expand
sistem keuangan secara keseluruhan. Selain itu, pelonggaran             financial access for previously underserved communities, thereby
kebijakan juga diharapkan dapat memperluas akses keuangan               increasing financial inclusion and positively encouraging inclusive
bagi masyarakat yang sebelumnya kurang terlayani, sehingga              and sustainable economic growth.
meningkatkan inklusi keuangan dan memberikan dorongan positif
bagi pertumbuhan ekonomi yang inklusif dan berkelanjutan.


Bank Victoria menyambut baik proyeksi positif perekonomian              Bank Victoria welcomes the positive projections for the
Indonesia dan industri keuangan. Sebagaimana yang tertuang              Indonesian economy and financial industry. As stated in the
dalam Rencana Bisnis Bank untuk tahun 2024, Bank Victoria               Bank’s Business Plan for 2024, Bank Victoria will continue to
akan terus berupaya untuk memanfaatkan peluang digitalisasi             strive to take advantage of the increasingly rapid digitalization
yang semakin pesat untuk meningkatkan efisiensi operasional,            opportunities to increase operational efficiency, expand
memperluas jangkauan layanan, dan memberikan pengalaman                 services’ range, and provide better customer experience through
nasabah yang lebih baik melalui inovasi di bidang internet              innovation in internet banking, mobile banking, and other
banking, mobile banking, dan layanan keuangan digital lainnya.          digital financial services. Moreover, focusing on loan quality
Selain itu, fokus pada kualitas kredit dan pengembangan produk-         and developing products that suit customer needs will also
produk yang sesuai dengan kebutuhan nasabah juga akan                   be important strategies for Bank Victoria in encountering the
menjadi strategi penting bagi Bank Victoria dalam menghadapi            dynamic financial industry projections. Bank Victoria is targeting
proyeksi industri keuangan yang dinamis tersebut. Bank Victoria         loan growth for 2024 at a realistic figure, in line with the national
menargetkan pertumbuhan kredit untuk tahun 2024 pada angka              economic growth estimates. Therefore, Bank Victoria will
yang realistis, yang sejalan dengan perkiraan pertumbuhan               constantly carry out comprehensive assessment according to
ekonomi nasional. Oleh karena itu, Bank Victoria akan senantiasa        the applicable regulations and apply prudential principles to all
melakukan penilaian menyeluruh sesuai dengan ketentuan yang             debtors and potential debtors in order to achieve a healthy and
berlaku dan menerapkan prinsip kehati-hatian kepada seluruh             sustainable growth.
debitur serta calon debitur dalam rangka mencapai pertumbuhan
yang sehat dan berkelanjutan.



Perubahan Komposisi Anggota Direksi                                     Changes in the Board of Directors’
                                                                        Composition

Sepanjang tahun 2023, tidak terdapat perubahan terkait                  Throughout 2023, there were no changes to the composition of
komposisi anggota Direksi Bank Victoria. Komposisi Direksi yang         the Board of Directors of Bank Victoria. The current composition
menjabat saat ini meliputi:                                             of the Board of Directors includes:
Direktur Utama                : Achmad Friscantono                      President Director              : Achmad Friscantono
Wakil Direktur Utama          : Rusli                                   Deputy President Director       : Rusli
Direktur Bisnis               : Lembing                                 Director of Business            : Lembing
Direktur Keuangan             : Debora Wahjutirto Tanoyo                Director of Finance             : Debora Wahjutirto Tanoyo
Direktur Kepatuhan            : Tamunan                                 Director of Compliance          : Tamunan
dan Manajemen Risiko                                                    and Risk Management




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk        47
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     Laporan Manajemen
     Management Report




Penutup                                                                Closing

Menutup penyampaian laporan ini, kami ingin menyampaikan               Concluding the submission of this report, we would like to express
ungkapan terima kasih dan apresiasi kepada Dewan Komisaris             our gratitude and appreciation to the Board of Commissioners
atas dukungan, arahan, dan pengawasan yang diberikan                   for the support, direction, and supervision provided throughout
sepanjang tahun buku telah menjadi landasan kuat dalam                 the fiscal year, which has provided a strong foundation in
menjalankan strategi yang efektif dan memastikan keberlanjutan         implementing effective strategies and ensuring the continuation
kinerja yang baik di Bank Victoria. Selanjutnya, kami juga ingin       of good performance at Bank Victoria. Furthermore, we would also
mengungkapkan apresiasi dan terima kasih kepada seluruh                like to express our appreciation and gratitude to all employees
karyawan atas dedikasi, kerja keras, dan komitmen yang diberikan       for their dedication, hard work, and commitment that have
telah menjadi pilar utama kesuksesan Bank Victoria. Kerja sama         become the main pillars of Bank Victoria’s success. Teamwork
tim dan semangat untuk memberikan yang terbaik bagi nasabah            and passion to provide the best for customers are matters that
adalah hal yang sangat dihargai dan diakui. Tidak lupa, kami juga      are highly appreciated and recognized. Also, we would like to
menyampaikan terima kasih kepada Pemegang Saham, nasabah,              express our gratitude to the Shareholders, customers, regulators
regulator, dan pemangku kepentingan lainnya. Kepercayaan dan           and other stakeholders. Trust and support from all stakeholders
dukungan dari seluruh pemangku kepentingan menjadi motivasi            are motivation and positive energy for us to continue to innovate,
dan energi positif bagi kami untuk terus berinovasi, meningkatkan      improve services, and provide even better added value. With
layanan, dan memberikan nilai tambah yang lebih baik lagi.             strong cooperation and shared commitment, we are confident
Dengan kerja sama yang kuat dan komitmen bersama, kami yakin           that Bank Victoria will continue to develop and make positive
Bank Victoria akan terus berkembang dan memberikan kontribusi          contributions to all stakeholders.
positif bagi semua pemangku kepentingan.




                                                          Jakarta, April 2024


                                        Atas nama Direksi PT Bank Victoria International Tbk
                               On behalf of the Board of Directors of PT Bank Victoria International Tbk




                                                    Achmad Friscantono
                                                            Direktur Utama
                                                           President Director




48        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 51
Direksi
Board of Directors




     3                           5                     1                                 4                              2

1.   Achmad Friscantono              3. Lembing                                        5. Tamunan
     Direktur Utama                    Direktur Bisnis                                       Direktur Kepatuhan dan
     President Director                Director of Business                                  Manajemen Risiko
                                                                                             Director of Compliance and Risk
                                                                                             Management
2. Rusli                             4. Debora Wahjutirto Tanoyo
     Wakil Direktur Utama               Direktur Keuangan
     Deputy President Director          Director of Finance




                                           2023 Annual and Sustainability Report | PT Bank Victoria International Tbk    49
Page 52
Tanggung Jawab Laporan Tahunan
dan Keberlanjutan
Annual and Sustainability Report Responsibility



      Surat Pernyataan Anggota Dewan Komisaris tentang Tanggung Jawab
atas Laporan Tahunan dan Keberlanjutan 2023 PT Bank Victoria International Tbk
    Statement of Members of the Board of Commissioners on the Responsibility
for the 2023 Annual and Sustainability Report of PT Bank Victoria International Tbk

Kami, yang bertanda tangan di bawah ini, menyatakan bahwa              We, the undersigned, hereby declare that all information
semua informasi dalam Laporan Tahunan dan Keberlanjutan                in the Annual and Sustainability Report of PT Bank Victoria
PT Bank Victoria International Tbk tahun 2023 telah dimuat             International Tbk for year 2023 has been fully contained and we
secara lengkap dan bertanggung jawab penuh atas kebenaran isi          shall be fully responsible to the correctness of contents in the
Laporan Tahunan dan Keberlanjutan Bank.                                Annual and Sustainability Report of the Bank.


Demikian pernyataan ini dibuat dengan sebenarnya.                      This statement is hereby made in all truthfulness.



                                                         Jakarta, 17 April 2024




                                                 Dewan Komisaris
                                              Board of Commissioners




                                                     Zaenal Abidin Ph.D
                                                    Komisaris Utama Independen
                                                Independent President Commissioner




  Gunawan Tenggarahardja                                                                                  Sia Leng Ho
    Komisaris/Komisaris Independen                                                                           Komisaris
 Commissioner/Independent Commissioner                                                                     Commissioner




50       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 53
           Surat Pernyataan Anggota Direksi tentang Tanggung Jawab
atas Laporan Tahunan dan Keberlanjutan 2023 PT Bank Victoria International Tbk
       Statement of Members of the Board of Directors on the Responsibility
for the 2023 Annual and Sustainability Report of PT Bank Victoria International Tbk

Kami, yang bertanda tangan di bawah ini, menyatakan bahwa            We, the undersigned, hereby declare that all information
semua informasi dalam Laporan Tahunan dan Keberlanjutan              in the Annual and Sustainability Report of PT Bank Victoria
PT Bank Victoria International Tbk tahun 2023 telah dimuat           International Tbk for year 2023 has been fully contained and we
secara lengkap dan bertanggung jawab penuh atas kebenaran isi        shall be fully responsible to the correctness of contents in the
Laporan Tahunan dan Keberlanjutan Bank.                              Annual and Sustainability Report of the Bank.


Demikian pernyataan ini dibuat dengan sebenarnya.                    This statement is hereby made in all truthfulness.



                                                       Jakarta, 17 April 2024




                                                         Direksi
                                                    Board of Directors




               Achmad Friscantono                                                                  Rusli
                       Direktur Utama                                                      Wakil Direktur Utama
                      President Director                                                 Deputy President Director




             Lembing                        Debora Wahjutirto Tanoyo                                       Tamunan
             Direktur Bisnis                          Direktur Keuangan                               Direktur Kepatuhan dan
          Director of Business                        Director of Finance                                Manajemen Risiko
                                                                                                    Director of Compliance and
                                                                                                         Risk Management




                                                    2023 Annual and Sustainability Report | PT Bank Victoria International Tbk    51
Page 54
                  PROFIL
                  PERUSAHAAN
                  Company Profile




52   PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 55
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   53
Page 56
     Profil Perusahaan
     Company Profile




Identitas Perusahaan
Company Identity




                                            PT Bank Victoria International Tbk
             Nama Perusahaan
             Company Name




              Alamat
              Address
              Gedung Graha BIP Lt. 10
              Jl. Gatot Subroto Kav. 23
              Jakarta Selatan / South Jakarta 12930
              T : (021) 5228 888
              F : (021) 5228 777
              E : corsec@victoriabank.co.id
              W : www.victoriabank.co.id




              Tanggal Pendirian                                                 Bidang Usaha
              Date of Establishment                                             Line of Business
              28 Oktober 1992                                                   Bank Umum
              28 October 1992                                                   Commercial Bank



                                                                                Tanggal Pencatatan Saham di Bursa
              Kode Saham
                                                                                Efek Indonesia
              Share Code
                                                                                Share Listing Date in Indonesia Stock

              BVIC
                                                                                Exchange

                                                                                30 Juni 1999
                                                                                30 June 1999


              Dasar Hukum                   Didirikan dengan nama PT Bank Victoria pada tanggal 28 Oktober 1992 berdasarkan Akta Notaris
              Pendirian                     Amrul Partomuan Pohan, SH, LLM No. 71 yang selanjutnya diadakan pembetulan dengan Akta
              Legal Basis of                No. 30 tanggal 8 Juni 1993 dari notaris yang sama.
              Establishment                 Incorporated under the name PT Bank Victoria on 28 October 1992 based on the Notary Deed
                                            No. 71 by Amrul Partomuan Pohan, SH, LLM, which was subsequently amended by Deed
                                            No. 30 dated 8 June 1993 of the same notary.




              Modal Dasar                                                     Modal Ditempatkan dan Disetor Penuh
              Authorized Capital                                              Subscribed and FullyPaid-Up Capital

              Rp
                 4,100,000,000,000                                            Rp
                                                                                   1,584,823,577,800




54      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 57
                                           19.35%
      44.24%
                                                                     Kepemilikan Saham
                                                                     Share Ownership

                                                                PT Victoria Investama Tbk			                           : 44.24%
                                                                Masyarakat / Public <5%			: 36.41%
                                                                Suzanna Tanojo				: 19.35%


                                           36.41%




               Media Sosial                             @bankvictoria                         BankVictoriaID
               Social Media



                                                        Bank Victoria                         PT Bank Victoria International Tbk




Perubahan Organisasi yang Bersifat Signifikan
Significant Changes in Organization



Sepanjang tahun 2023, tidak terdapat perubahan signifikan            Throughout 2023, there were no significant changes that
yang terjadi pada Bank Victoria, baik terkait penutupan atau         occurred at Bank Victoria, either related to closing or opening
pembukaan cabang baru, pembukaan atau penutupan unit usaha           new branch, opening or closing new business unit, or business
baru, maupun penggabungan usaha.                                     merger.




                                                    2023 Annual and Sustainability Report | PT Bank Victoria International Tbk    55
Page 58
     Profil Perusahaan
     Company Profile




Riwayat Singkat
Brief History




      1992                                                                    2011
      Didirikan di Jakarta dengan nama PT Bank Victoria pada tanggal          Melakukan PUT V sejumlah 1.954.919.259 lembar saham
      28 Oktober 1992.                                                        dengan nilai nominal dan harga yang ditawarkan sebesar
      Incorporated in Jakarta under the name PT Bank Victoria on              Rp100,- per saham dan sejumlah 1.448.939.990 Waran Seri VI
      28 October 1992.                                                        pada 4 Juli 2011.
                                                                              Conducted LPO V of 1,954,919,259 shares with both nominal
                                                                              value and offering price of Rp100 per share and 1,448,939,990
                                                                              Series VI Warrants on 4 July 2011.
      1994
      Memulai operasi sebagai Bank Umum secara komersial
      berdasarkan izin dari Menteri Keuangan Republik Indonesia pada
      tanggal 5 Oktober 1994.                                                 2010
      Started its operations as a Commercial Bank based on the                Melakukan perubahan nama Entitas Anak Bank Victoria dari
      license from the Finance Minister of the Republic of Indonesia          PT Bank Swaguna menjadi PT Bank Victoria Syariah pada tanggal
      dated 5 October 1994.                                                   19 Januari 2010.
                                                                              Changed the name of Bank Victoria’s Subsidiary from
                                                                              PT Bank Swaguna to PT Bank Victoria Syariah on 19 January 2010.

      1997
      Memperoleh izin dari Bank Indonesia untuk beroperasi sebagai
      Pedagang Valuta Asing pada tanggal 25 Mei 1997.                         2008
      Obtained Foreign Exchange License from Bank Indonesia to                Melakukan PUT IV sejumlah 1.167.498.560 lembar saham
      operate as a Foreign Exchange Trader on 25 May 1997.                    dengan nilai nominal dan harga yang ditawarkan sebesar
                                                                              Rp100,- per saham dan sejumlah 630.449.220 Waran Seri V pada
                                                                              tanggal 11 Juli 2008.
                                                                              Conducted LPO IV of 1,167,498,560 shares with both nominal
      1999                                                                    value and offering price of Rp100 per share and 630,449,220
      Menjadi perusahaan publik dengan melakukan Penawaran                    Series V Warrants on 11 July 2008.
      Umum Perdana Saham sejumlah 250.000.000 lembar saham
      dengan nilai nominal Rp100,- per saham dan sejumlah
      80.000.000 Waran Seri I efektif pada tanggal 4 Juni 1999.
      Became a publicly listed company by conducting an Iinitial Public
                                                                              2007
      Offering of 250,000,000 shares with a nominal value of Rp100            Mengakuisisi PT Bank Swaguna sebagai Entitas Anak.
      per share and 80,000,000 Series I Warrants effectively on 4 June        Acquired PT Bank Swaguna as a Subsidiary.
      1999.


                                                                              2006
      2000                                                                    Melakukan PUT III sejumlah 670.363.760 lembar saham dengan
      Melakukan penawaran umum terbatas (PUT) I sejumlah                      nilai nominal Rp100,- per saham dengan harga yang ditawarkan
      614.000.000 lembar saham dengan nilai nominal sebesar                   sebesar Rp115,- per saham dan sejumlah 469.277.676 Waran
      Rp100,- per saham dengan harga yang ditawarkan sebesar                  Seri IV pada tanggal 13 Juli 2006.
      Rp115,- per saham dan sejumlah 85.960.000 Waran Seri II pada            Conducted LPO III of 670,363,760 shares with a nominal value
      tanggal 28 September 2000.                                              of Rp100 per share and offering price of Rp115 per share and
      Conducted a limited public offering (LPO) I of 614,000,000              469,277,676 Series IV Warrants on 13 July 2006.
      shares with a nominal value of Rp100 per share and offering
      price of Rp115 per share and 85,960,000 Series II Warrants on
      28 September 2000.
                                                                             2003
                                                                             Melakukan PUT II sejumlah 705.243.360 lembar saham dengan
                                                                             nilai nominal dan harga yang ditawarkan sebesar Rp100,- per
                                                                             saham dan sejumlah 423.146.016 Waran Seri III pada tanggal
                                                                             20 Maret 2003.
                                                                             Conducted LPO II of 705,243,360 shares with both nominal
                                                                             value and offering price of Rp100 per share and 423,146,016
                                                                             Series III Warrants on 20 March 2003.




56      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 59
2016
• Memperoleh izin operasional sebagai Bank Devisa berdasarkan                   2023
  Surat Kepala Departemen Perizinan dan Informasi Perbankan
  Otoritas Jasa Keuangan No. S-423/PB.12/2016 pada tanggal                      •   Melakukan Penambahan Saham Hasil
  13 Desember 2016.                                                                 Exercise Waran Seri VII PT Bank Victoria
• Memberikan layanan transaksi dalam valuta asing yang                              lnternational Tbk sejumlah 1.064 Waran.
  meliputi transaksi pengiriman uang (remittance), perdagangan
                                                                                •   Melakukan Penawaran Umum Obligasi
  international (trade finance), treasury, serta layanan interbank
  lainnya setelah menjadi Bank Devisa.                                              Berkelanjutan III Bank Victoria Tahap I
• Melakukan Penambahan Modal Tanpa Hak Memesan Efek                                 Tahun 2023 sebesar Rp500.000.000.000,-.
  Terlebih Dahulu (PMTHMETD) sebesar 9,00% oleh DEG
                                                                                •   Added Shares from Series VII Warrant
  (Deutsche Investitions-Und Entwicklungsgesellschaft MbH).
                                                                                    Exercise of PT Bank Victoria International Tbk
• Obtained operational license as a Foreign Exchange Bank
  based on the Letter of Banking Licensing and Information
                                                                                    of 1,064 Warrants.
  Department Head of the Financial Services Authority                           •   Conducted Public Offering of Bank Victoria
  No. S-423/PB.12/2016 dated 13 December 2016.                                      Continuous Bonds III Phase I of 2023
• Providing transaction services in foreign currencies which
  include remittance transactions, international trade (trade
                                                                                    amounting to Rp500,000,000,000.
  finance), treasury, and other interbank services after becoming
  a Foreign Exchange Bank.
• Conducting Capital Addition Without Preemptive Rights
  (PMTHMETD) of 9.00% by DEG (Deutsche Investitions-Und
  Entwicklungsgesellschaft MbH).
                                                                                2022
                                                                                • Melaksanakan peresmian sebagai Bank Persepsi.
                                                                                • Melakukan PMHMETD sejumlah 2.553.461.919 lembar saham.
2018                                                                            • Melakukan PMHMETD sejumlah 2.807.640.227 lembar saham.
                                                                                • Bank Victoria melakukan divestasi sebanyak 80% saham milik
Memperluas jaringan kantor dengan membuka kantor
                                                                                  Bank di Bank Victoria Syariah kepada PT Victoria Investama Tbk.
cabang utama di Semarang, Jawa Tengah, dan di Makassar,
Sulawesi Selatan.                                                               • Carried out inauguration as Perception Bank.
                                                                                • Conducted PMHMETD of 2,553,461,919 shares.
Expanding the office network by opening main branch offices in
                                                                                • Conducted PMHMETD of 2,807,640,227 shares.
Semarang, Central Java, and in Makassar, South Sulawesi.
                                                                                • Bank Victoria divested 80% of the Bank’s shares in Bank
                                                                                  Victoria Syariah to PT Victoria Investama Tbk.

2019
• Melakukan PMTHMETD sejumlah 280.898.877 lembar saham
  oleh PT Victoria Investama Tbk dan PT Nata Patindo.
                                                                                2021
• Memperluas jaringan kantor dengan membuka kantor cabang                       • PMTHMETD sejumlah 586.205.939 lembar saham oleh
  utama di Solo, Jawa Tengah, dan Medan, Sumatera Utara.                          PT Victoria Investama Tbk, PT Victoria Insurance Tbk,
• Conducted PMTHMETD of 280,898,877 shares of PT Victoria                         PT Victoria Alife Indonesia, PT Prolestari Megapersada,
  Investama Tbk and PT Nata Patindo.                                              PT Regis Pratama Indonesia, dan PT Emperor Finance
• Expanded the office network by opening main branch offices in                   Indonesia.
  Solo, Central Java, and in Medan, North Sumatra.                              • PMTHMETD sejumlah 948.979.590 lembar saham oleh
                                                                                  PT Victoria Investama Tbk, PT Victoria Alife Indonesia,
                                                                                  PT Victoria Insurance Tbk, PT Victoria Sekuritas Indonesia,
                                                                                  PT Regis Pratama Indonesia, PT Tridaya Investindo, PT Emperor
2020                                                                              Finance Indonesia, dan PT Bhuwanatala Indah Permai Tbk.
                                                                                • PMTHMETD of 586,205,939 shares by PT Victoria Investama
Melakukan      digitalisasi pelayanan      perbankan serta
                                                                                  Tbk, PT Victoria Insurance Tbk, PT Victoria Alife Indonesia,
pengoptimalan Internet Banking Mobile Banking (IBMB) dan
                                                                                  PT Prolestari Megapersada, PT Regis Pratama Indonesia, and
Victoria Internet Banking Bisnis (ViBiz) yang mempermudah
                                                                                  PT Emperor Finance Indonesia.
nasabah melakukan transaksi.
                                                                                • PMTHMETD of 948,979,590 shares by PT Victoria Investama
Digitized banking services and optimized Internet Banking                         Tbk, PT Victoria Alife Indonesia, PT Victoria Insurance Tbk,
Mobile Banking (IBMB) and Victoria Internet Banking Bisnis                        PT Victoria Sekuritas Indonesia, PT Regis Pratama Indonesia,
(ViBiz) to make transactions easier for customers.                                PT Tridaya Investindo, PT Emperor Finance Indonesia, and
                                                                                  PT Bhuwanatala Indah Permai Tbk.




                                                      2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            57
Page 60
      Profil Perusahaan
      Company Profile




Visi dan Misi Perusahaan
Company’s Vision and Mission


Pernyataan Persetujuan atas Visi dan Misi Perusahaan
Statement of Approval of the Company’s Vision and Mission

“Visi dan Misi Bank Victoria telah disetujui oleh Dewan Komisaris dan Direksi berdasarkan Keputusan Direksi No. 002/SK-DIR/10/19
tanggal 20 November 2023 tentang Visi dan Misi PT Bank Victoria International Tbk.”
“Bank Victoria’s Vision and Mission have been approved by the Board of Commissioners and Board of Directors based on the Board of
Directors’ Decision No. 002/SK-DIR/10/19 dated 20 November 2023 on the PT Bank Victoria International Tbk Vision and Mission.”




                           Visi
                             Vision
         Menjadi Bank pilihan Nasabah yang
      dipercaya, sehat, efisien, dan mendukung
            pertumbuhan berkelanjutan.
         To become the customers’ preferred
        bank, which is trustworthy, sound and
          efficient, and supports sustainable
                        growth.




            Pilihan Nasabah                                   Dipercaya                           Sehat dan Efisien


        Customers’ Preferred                                Trustworthy                         Sound and Efficient

     Bank Victoria dikenal, dipercaya,             Bank Victoria berkomitmen menjadi        Bank Victoria mempunyai struktur
     serta menjadi pilihan nasabah untuk           bank yang bisa memberikan rasa           modal yang kuat, kondisi keuangan
     memenuhi kebutuhan nasabah                    aman dan kepastian bagi para             yang sehat, serta didukung oleh
     dalam mendapatkan produk dan                  nasabah,    karyawan,   Pemegang         operasional perbankan yang efisien.
     layanan perbankan.                            Saham, dan stakeholders lainnya.
                                                                                            Bank Victoria has strong capital
     Bank Victoria is recognized, trusted,         Bank Victoria is committed to being      structure, sound financial condition,
     and preferred by customers to fulfill         the bank that can provide security       and is supported by efficient banking
     their needs in obtaining banking              and certainty to the customers,          operation.
     products and services.                        human capital, Shareholders, and
                                                   other stakeholders.




58         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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             Misi
                                                               Customers

                                                               Senantiasa berupaya memenuhi kebutuhan nasabah, membina

              Mission                                          hubungan yang baik dengan nasabah, serta memberi layanan
                                                               yang terbaik kepada para nasabah.
                                                               Always attempt to fulfill the customers’ needs, to develop
                                                               good relationship with the customers, and to provide the best
                                                               services for the customers.



                                                               People

                                                               Mengembangkan sumber daya manusia yang profesional,
                                                               berprinsip, dan berdedikasi untuk memberikan layanan serta
                                                               memenuhi kebutuhan nasabah.
                                                               Mengembangkan sumber daya manusia yang profesional,
                                                               berprinsip, dan berdedikasi untuk memberikan layanan serta
                                                               memenuhi kebutuhan nasabah.



                                                               Operations

                                                               Menjalankan operasional perbankan yang aman, cepat, dan
                                                               handal dengan tetap memperhatikan ketentuan yang berlaku.
                                                               Conduct safe, fast, and reliable banking operations with due
                                                               observance of the applicable regulations.



                                                               Governance, Risk, and Compliance

                                                               Mengimplementasikan proses manajemen risiko secara
                                                               prudent serta konsisten dengan memperhatikan prinsip-prinsip
                                                               kehatian-hatian, tata kelola Bank, dan keuangan berkelanjutan.
                                                               Implement a prudent and consistent risk management
                                                               processes with due observance of the principles of prudence,
                                                               bank governance, and sustainable finance.




                                                Tinjauan Ulang Visi dan Misi oleh Dewan Komisaris
  Mendukung Pertumbuhan                         dan Direksi
      Berkelanjutan                             Visi dan Misi Bank secara berkala ditinjau dengan mempertimbangkan
                                                perubahan kondisi lingkungan eksternal maupun internal. Hasil reviu Visi dan
      Support Sustainable                       Misi Bank oleh Dewan Komisaris dan Direksi yang dilakukan di tahun 2023
           Growth                               dinyatakan telah sesuai dengan perubahan kondisi lingkungan eksternal
                                                maupun internal dan masih relevan di tahun 2023.
Bank Victoria senantiasa memperhatikan
pertumbuhan yang mengedepankan aspek
manusia (people), lingkungan (planet), dan      Review of Vision and Mission by
nilai bagi pemangku kepentingan (profit).       the Board of Commissioners and Board of Directors
Bank Victoria always pays attention to          The Bank’s Vision and Mission are periodically reviewed by considering changes
growth that prioritize aspects of people,       in external and internal environmental conditions. The review results of the
environment (planet), and value for
                                                Bank’s Vision and Mission performed by the Board of Commissioners and Board
stakeholders (profit).
                                                of Directors in 2023 were stated to be in accordance with changes in external
                                                and internal environmental conditions and were still relevant in 2023.




                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk         59
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      Profil Perusahaan
      Company Profile




Nilai Budaya Perusahaan
Corporate Cultural Values




                                           S             Q               E             W




           SAFE                                                                 EASY             WARM
                                            QUICK
     Relasi yang Aman                                                     Mudah dalam        Melayani dengan
        dan Handal                   Solusi dan Inovasi                                     Peduli, Ramah, dan
                                     yang Cepat, Tepat,                   Transaksi dan
     Safe and Reliable                                                     Kolaborasi             Asertif
       Relationships                      Terukur                                           Serving with Care,
                                       Fast, Precise,                   Easy Transaction
                                                                        and Collaboration     Friendly, and
                                        Measurable                                              Assertive
                                       Solutions and
                                        Innovation




60       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Kegiatan Usaha
Line of Business



Mengacu pada Anggaran Dasar Bank yang tertuang dalam Akta                     Referring to the Bank’s Articles of Association as stipulated in
No. 42 tanggal 19 Juni 2020 disebutkan bahwa maksud dan tujuan                the Deed No. 42 dated 19 June 2020 the purposes and objectives
Bank Victoria yaitu menjalankan usaha sebagai bank umum sesuai                of Bank Victoria are to run business as a commercial bank in
dengan ketentuan peraturan perundang-undangan yang berlaku.                   accordance with the provisions of applicable laws and regulations.
Sepanjang tahun 2023, Bank Victoria telah menjalankan kegiatan                Throughout 2023, Bank Victoria carried out main and supporting
usaha utama dan penunjang yang diuraikan sebagai berikut:                     business activities, described as follows:


                             Kegiatan Usaha berdasarkan Anggaran Dasar yang Dijalankan pada Tahun 2023
                                    Business Activities Run in 2023 based on Articles of Association
 Kegiatan Usaha Utama / Main Business Activities

 • Menghimpun dana dari masyarakat dalam bentuk simpanan giro, deposito     • Collect funds from the society in the form of current accounts, time
   berjangka, sertifikat deposito, tabungan, dan/atau bentuk lainnya yang     deposits, certificates of deposit, savings, and/or other forms equivalent;
   dipersamakan dengan itu;
 • Memberikan kredit, baik kredit jangka menengah, panjang atau pendek,     • Provide credits, whether medium-term, long-term, or short-term, and
   maupun jenis lainnya yang lazim dalam dunia perbankan;                     other types prevalent in the banking world;
 • Menerbitkan surat pengakuan utang;                                       • Issue debt certificates;
 • Membeli, menjual, atau menjamin atas risiko sendiri maupun untuk         • Buy, sell, or guarantee on own risk and for the interest and upon the
   kepentingan dan atas perintah nasabahnya:                                  order of its customers:
    • Surat-surat wesel, termasuk wesel yang diakseptasi oleh Bank yang        • Money orders, including accredited money orders by the Bank in
      masa berlakunya tidak lebih lama dari kebiasaan dalam perdagangan          which the validity period is not longer than the custom of the trade
      surat-menyurat tersebut;                                                   of such papers;
    • Surat pengakuan utang dan kertas dagang lainnya yang masa                • Debt certificates and other trade papers in which the validity period
      berlakunya tidak lebih lama dari kebiasaan dalam perdagangan               is not longer than the custom of the trade of such papers;
      surat-surat tersebut;
    • Kertas perbendaharaan negara dan surat jaminan pemerintah;               • State treasury bills and government guarantee letter;
    • Sertifikat Bank Indonesia;                                               • Bank Indonesia Certificates;
    • Obligasi;                                                                • Bonds;
    • Surat promes yang dapat diperdagangkan dengan berjangka waktu            • Short-term tradeable promissory notes with validity period of up to
      sampai dengan 1 (satu) tahun; dan                                          1 (one) year; and
    • Surat berharga lain yang berjangka waktu sampai dengan 1 (satu)          • Other securities with validity period of up to 1 (one) year;
      tahun;
 • Memindahkan uang, baik untuk kepentingan sendiri maupun untuk            • Transfer of money, both for own interest and for the customers’ interest;
   kepentingan nasabah;
 • Menempatkan dana pada, meminjam dana dari, atau meminjamkan dana         • Place funds in, borrow funds from, or lend funds to other banks, either
   kepada bank lain, baik dengan menggunakan surat, sarana telekomunikasi     by mail, telecommunication means, or by sight draft, check, or other
   maupun dengan wesel unjuk, cek, atau sarana lainnya;                       means;
 • Menerima pembayaran dari tagihan atas surat berharga dan melakukan       • Receive payments from claims on securities and perform calculations
   perhitungan dengan atau antara pihak ketiga;                               with or between third parties;
 • Melakukan penempatan dana dari nasabah kepada nasabah lainnya            • Perform placement of funds from a customer to another customer in
   dalam bentuk surat berharga yang tercatat di bursa efek;                   the form of securities listed in stock exchange;
 • Melakukan kegiatan dalam valuta asing dengan memenuhi ketentuan          • Perform activities in foreign currencies by meeting the provisions
   yang ditetapkan oleh Bank Indonesia; dan                                   stipulated by Bank Indonesia; and
 • Menyediakan pembiayaan dan/atau melakukan kegiatan lain, termasuk        • Provide financing and/or perform other activities including activities
   kegiatan berdasarkan prinsip syariah sesuai dengan ketentuan yang          based on sharia principles in accordance with the provisions stipulated
   ditetapkan oleh Bank Indonesia.                                            by Bank Indonesia.

 Kegiatan Usaha Penunjang / Supporting Business Activities

 • Melakukan kegiatan sebagai penyelenggara dana pensiun sesuai dengan      • Conduct activities as the Pension Fund organizers in accordance
   peraturan perundang-undangan yang berlaku, baik selaku pendiri dana        with the applicable laws and regulations, either as the founder of the
   pensiun pemberi kerja maupun selaku pendiri dan/atau peserta dana          employer’s pension fund or as the founder and/or participant of the
   pensiun lembaga keuangan;                                                  pension fund of a financial institution;
 • Melakukan kegiatan penyertaan modal pada bank atau perusahaan            • Conduct equity participation in a bank or other company in the field of
   lain di bidang keuangan, sewa guna usaha, perusahaan modal ventura,        finance, leasing companies, venture capital firms, securities companies,
   perusahaan efek, perusahaan asuransi, lembaga kliring dan penjamin,        insurance companies, clearing and guarantee institutions, as well as
   serta lembaga penyimpanan dan penyelesaian dengan memenuhi                 depository and settlement institutions in compliance with the provisions
   ketentuan yang ditetapkan oleh instansi yang berwenang; dan                stipulated by the competent authorities; and
 • Melakukan kegiatan penyertaan modal sementara untuk mengatasi            • Conduct temporary equity participation to cope with NPL, including
   kredit macet, termasuk kegagalan pembiayaan berdasarkan prinsip            financing failure based on sharia principles subject to withdrawal
   syariah dengan syarat harus menarik kembali pernyataannya sesuai           of statements in accordance with the provisions stipulated by Bank
   dengan ketentuan yang ditetapkan oleh Bank Indonesia.                      Indonesia.




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk              61
Page 64
      Profil Perusahaan
      Company Profile




Produk Dan Jasa
Products and Servicess

Bank menyediakan beragam produk dan jasa sesuai dengan                 The Bank provides a variety of products and services according
kebutuhan dan profil masing-masing nasabah. Produk dan jasa            to each respective customer’s needs and profile. Such products
tersebut meliputi produk simpanan, produk pinjaman, serta              and services include savings products, loan products, and several
berbagai layanan yang diuraikan sebagai berikut:                       other services described as follows:


                          Produk Simpanan                                                   Produk Pinjaman
                          Savings Products                                                   Loan Products
 Tabungan                                                            Kredit Produktif
 Savings                                                             Productive Loans
 • Tabungan Victoria                                                 • Corporate Lending
   Victoria Savings                                                    Corporate Lending
 • Tabungan VIP Safe                                                 • Commercial Lending
   VIP Safe Savings                                                    Commercial Lending
 • Tabungan Victoria Junior                                          • Small Medium Enterprise Lending
   Victoria Junior Savings                                             Small Medium Enterprise Lending
 • Tabungan Victoria Bisnis                                          • Multi Finance Lending
   Victoria Business Savings                                           Multi Finance Lending
 • TabunganKu                                                        • Bank Garansi
   TabunganKu                                                          Bank Guarantee
 • Tabungan Victoria Maxima                                          • Surat Kredit Berdokumen Dalam Negeri (SKBDN)
   Victoria Maxima Savings                                             Domestic Letter of Credit (SKBDN)
 • Tabungan Victoria EduSave
   Victoria EduSave Savings                                          Kredit Konsumtif
                                                                     Consumptive Loans
 Giro                                                                • Kredit Pemilikan Rumah
 Demand Deposit                                                        Home Ownership Loan
 • Giro Rupiah dan Giro Valas                                        • Kredit Pemilikan Mobil
    Rupiah Current Account and Foreign Current Account                 Car Ownership Loan
 • VIP Giro Rupiah dan VIP Giro Valas                                • Kredit Multi Guna
    VIP Rupiah Current Account and VIP Foreign Current Account         Multi-Purpose Loan
                                                                     • Kredit Implant Banking
 Deposito                                                              Implant Banking Loan
 Time Deposits
 • Deposito Rupiah
   Rupiah Time Deposits
 • Deposito US Dollar
   USD Time Deposits

                      Jasa Layanan Lainnya                                              Layanan Bank Devisa
                         Other Services                                            Foreign Exchange Bank Services
 • Kliring/Inkaso                                                    • Transaksi Kiriman Uang
   Clearing/Payment                                                    Remittance
 • Transfer                                                          • Perdagangan Internasional
   Transfer                                                            International Trade Finance
 • Real Time Gross Settlement                                        • Treasury dan Layanan Interbank Lainnya
   Real Time Gross Settlement                                          Treasury and Other Interbank Services
 • Pembayaran Tagihan
   Bill Payment                                                                             Produk Investasi
 • Kartu ATM                                                                              Investment Products
   ATM Card                                                          • SUN RITEL E-SBN
 • Auto Save                                                           Retail Government Bonds E-SBN
   Auto Save                                                         • Reksa Dana
 • Auto Debet                                                          Mutual Funds
   Auto Debit                                                        • Bancassurance
 • Internet Banking dan Mobile Banking Victoria                        Bancassurance
   Victoria Internet Banking and Mobile Banking
 • BI-FAST
   BI-FAST
 • Layanan Penerimaan Negara
   State Revenue Service

              “Informasi lengkap terkait produk dan layanan Bank Victoria dapat di akses melalui situs web Bank yang
                                              beralamat di www.victoriabank.co.id.”
                          “Complete information regarding Bank Victoria products and services can be accessed
                                        through the Bank’s website at www.victoriabank.co.id.”




62        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 65
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   63
Page 66
         Profil Perusahaan
         Company Profile




Wilayah Operasional
Operational Areas



                             Medan




                                                                               Jakarta
          Kantor Pusat                                                              Bandung
 1        Head Office
                                                                                                             Semarang
                                                                                                                 Solo         Surabaya
          Kantor Cabang Utama
 14       Main Branch Offices
                                                                                                                                                 Bali


          Kantor Cabang Pembantu                                     Bogor
 24       Sub-Branch Offices




Jaringan kantor Bank Victoria yang terdiri dari kantor pusat,             Bank Victoria’s office network consisting of head office, branch
kantor cabang, kantor cabang pembantu, serta jaringan kantor              offices, sub-branch offices, and other office network, such as
lainnya, seperti kantor kas, payment point, dan kantor layanan            cash offices, payment points, and cash service offices in the last
kas pada 3 tahun terakhir diuraikan sebagai berikut:                      3 years is described as follows:

Jaringan Kantor
Office Network

                 Kantor                        2023                2022               2021                          Office
 Kantor Pusat                                     1                  1                     1                                      Head Office

 Kantor Cabang Utama                             14                 14                    14                               Main Branch Office

 Kantor Cabang Pembantu                          24                 24                    25                                 Sub-Branch Office

 Jaringan Kantor Lain (Kantor Kas,                                                                          Other Office Network (Cash Office,
                                                  -                   -                    -
 Payment Point, dan Lainnya)                                                                                      Payment Point, and Others)

 Total                                           39                 39                 40                                               Total




64          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                            Manado




Makasar




     Jaringan Kantor per Wilayah Tahun 2023
     Office Network by Region in 2023

                                                                  Kantor Cabang
                                          Kantor Cabang
                                                                    Pembantu
                        Wilayah               Utama                                       Total                             Area
                                                                   Sub-Branch
                                        Main Branch Offices
                                                                     Offices
      Jakarta Timur                              -                      -                    -                                             East Jakarta

      Jakarta Selatan                            2                      5                    7                                            South Jakarta

      Jakarta Utara                              1                      4                    5                                            North Jakarta

      Jakarta Barat                              -                      9                    9                                             West Jakarta

      Jakarta Pusat                              2                      4                    6                                          Central Jakarta

      Bekasi, Cibubur, dan sekitarnya            -                      -                    -                      Bekasi, Cibubur, and the surrounding

      Tangerang dan sekitarnya                   -                      2                    2                           Tangerang and the surrounding

      Cabang Luar Kota                           9                      -                    9                                      Out-of-Town Branch

      Total                                    14                      24                   38                                                    Total




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            65
Page 68
     Profil Perusahaan
     Company Profile




Alamat Kantor Pusat, Kantor Cabang Utama, dan
Kantor Cabang Pembantu Bank Victoria
Address of Head Office, Main Branch Offices, and Sub-Branch Offices of
Bank Victoria


Kantor Pusat
Head Office


 PT Bank Victoria International Tbk                                      (021) 5228 888

 Gedung Graha BIP Lt. 10                                                 (021) 5228 777
 Jl. Gatot Subroto Kav. 23                                               corsec@victoriabank.co.id
 Jakarta Selatan 12930
                                                                         www.victoriabank.co.id




                                                           Kantor Cabang Utama
                                                            Main Branch Offices
KCU BIP                             KCU Bali                         KCU Bandung                            KCU Bogor
Gedung Graha BIP Lt. Dasar          Jl. Raya Imam Bonjol No. 117     Jl. Braga No. 16                       Jl. Pakuan No. 8
Jl. Gatot Subroto Kav. 23           Dusun BR. Tenten                 Kel. Braga, Kec. Sumur Bandung         Kel. Baranangsiang, Kec. Bogor Timur
Jakarta Selatan 12930               Bali 80114                       Bandung, Jawa Barat 40111              Bogor, Jawa Barat 16143
T : (021) 5258 208                  T : (0361) 8451 000              T : (022) 4266 846                     T : (0251) 8343 800 (Hunting)
F : (021) 5258 028                  F : (0361) 8451 010              F : (022) 4266 845                         (0251) 8343 804
                                                                                                                (0251) 8343 806
                                                                                                                (0251) 8343 805 (Direct)
                                                                                                            F : (0251) 8343 807

KCU Cideng                          KCU Fatmawati                    KCU Kelapa Gading                      KCU Makassar
Jl. Cideng Timur No. 33             Jl. RS Fatmawati No. 85A         Jl. Taman Mandiri I No. 8 Kav. A1-B1   Ruko Poros Boulevard/Ruko Emerald
Kel. Petojo Utara, Kec. Gambir      Cipete Utara, Kebayoran Baru     Kelapa Gading Timur                    No. 16
Jakarta Pusat 10130                 Jakarta Selatan 12150            Jakarta Utara 14240                    Jl. Boulevard Masale
T : (021) 6338 913                  T : (021) 7201 496               T : (021) 4514 012                     Kel. Masale, Kec. Panakkukang
F : (021) 6338 914                  F : (021) 7201 497               F : (021) 4514 013                     Makassar, Sulawesi Selatan 90231
                                                                                                            T : (0411) 4093 171
                                                                                                            F : (0411) 4093 262

KCU Manado                          KCU Medan                        KCU Semarang                           KCU Senayan
Jl. Walter Monginsidi Komplek       Jl. Zainal Arifin No. 53C        Jl. Raya Pemuda No. 108                Gedung Bank Panin Senayan Lt. Dasar
Ruko Bahu Mall                      Kel. Madras Hulu, Kec. Medan     Kel. Kembang Sari                      Jl. Jend. Sudirman No. 1
Blok E No. 5                        Polonia                          Kec. Semarang Tengah                   Kel. Gelora, Jakarta Selatan 12710
Kel. Bahu, Kec. Malalayang          Medan, Sumatera Utara 20153      Jawa Tengah 50139                      T : (021) 5735 425
Manado, Sulawesi Utara 95115        T : (061) 8051 0979              T : (024) 3587 048                     F : (021) 5735 429
T : (0431) 831 431                  F : (061) 4576 274               F : (024) 3587 049
F : (0431) 831 427

KCU Solo                                                             KCU Surabaya
Jl. Brigjen Slamet Riyadi No. 330                                    Jl. Raya Darmo No. 173
Kel. Purwosari, Kec. Laweyan                                         Kel. Darmo, Kec. Wonokromo
Surakarta, Jawa Tengah 57142                                         Surabaya 60241
T : (0271) 601 1005                                                  T : (031) 5670 778 (Hunting)
F : (0271) 601 1010                                                  F : (031) 5670 775




66        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 69
                                                           Kantor Cabang Pembantu
                                                              Sub-Branch Offices
KCP BSD                              KCP Central Park                     KCP Citra Dua                        KCP Duta Mas
Bumi Serpong Damai Sektor IV         Garden Shopping Arcade B/08/BG       Rukan Citra Niaga Blok A/5           Komplek Perumahan Taman Duta
Blok RE No. 52                       Jl. Tanjung Duren Raya Kav. 5-9      Kel. Pegadungan, Kec. Kalideres      Mas Blok D8 No. 12
Kel. Lengkong Wetan, Kec. Serpong    Tanjung Duren                        Jakarta Barat 11830                  Kel. Wijaya Kusuma, Kec. Grogol
Tangerang 15318                      Jakarta Barat 11470                  T : (021) 5437 6656                  Petamburan
T : (021) 5315 2783                  T : (021) 2920 6257                   F : (021) 5437 6695                 Jakarta Barat 11460
F : (021) 5315 2785                  F : (021) 2920 6258                                                       T : (021) 5697 9990
                                                                                                               F : (021) 5697 9996

KCP Duta Merlin                      KCP Gading Serpong                   KCP Grand Wijaya                     KCP Green Garden
Komplek Pertokoan Duta Merlin        Ruko Rodeo Drive Blok B No. 6        Komplek Grand Wijaya Blok C No. 10   Komplek Green Garden Blok A 14 No. 28
Blok A No. 10                        Jl. Boulevard Gading Serpong         Jl. Wijaya II                        Jl. Panjang Kedoya Utara
Jl. Gajah Mada No. 3-5               Kel. Pakulonan Barat, Kec. Kelapa    Kel. Pulo, Kec. Kebayoran Baru       Kel. Kedoya Utara, Kec. Kebon Jeruk
Kel. Petojo Utara, Kec. Gambir       Dua                                  Jakarta Selatan 12160                Jakarta Barat 11520
Jakarta Pusat 10160                  Tangerang 15333                      T : (021) 7200 009                   T : (021) 5835 6803
T : (021) 6386 5970                  T : (021) 5421 7245                  F : (021) 7202 878                   F : (021) 5835 6844
F : (021) 6386 5971                  F : (021) 5421 7247

KCP Kebon Jeruk                      KCP Kelapa Gading Boulevard          KCP Kemang                           KCP Mandala Tomang
Komplek Pertokoan Intercon Blok      Komplek Ruko Kelapa Gading Blok      Jl. Kemang Raya No. 82 C             Lobby Gedung Mandala Airlines
B No. 4-5                            LC-6 No. 14                          Kel. Bangka, Kec. Mampang            Jl. Tomang Raya No. 33-37
Jl. Meruya Ilir Raya                 Jl. Raya Boulevard Barat             Prapatan                             Kel. Tomang, Kec. Grogol, Petamburan
Kel. Srengseng, Kec. Kembangan       Kel. Kelapa Gading Barat             Jakarta Selatan 12730                Jakarta Barat 11440
Jakarta Barat 11620                  Kec. Kelapa Gading                   T : (021) 7193 521                   T : (021) 5697 2227
T : (021) 5874 427                   Jakarta Utara 14240                  F : (021) 7193 721                   F : (021) 5697 2237
F : (021) 5842 379                   T : (021) 4507 672
                                     F : (021) 4528 854

KCP Muara Karang 2                   KCP Pantai Indah Kapuk               KCP Patal Senayan                    KCP Pecenongan
Jl. Pluit Karang Utara No. 46 Blok   Bukit Golf Mediterania Blok B/18     Rukan Permata Senayan Blok B No. 6   Jl. Pecenongan Raya No. 26
I1 Selatan Kav. 48                   Pantai Indah Kapuk                   Jl. Tentara Pelajar                  Kel. Kebon Kelapa, Kec. Gambir
Penjaringan                          Kel. Kamal Muara, Kec. Penjaringan   Kel. Grogol Utara                    Jakarta Pusat 10120
Jakarta Utara 14450                  Jakarta Utara 14460                  Kec. Kebayoran Lama                  T : (021) 386 5627
T : (021) 6604 144                   T : (021) 5694 5973                  Jakarta Selatan 12210                F : (021) 386 5637
F : (021) 6604 116                   F : (021) 5694 5974                  T : (021) 5794 0668
                                                                          F : (021) 5794 0667

KCP Pondok Indah                     KCP Puri Indah                       KCP Senayan City                     KCP Sunter
Plaza Pondok Indah Blok II Blok      Komplek Puri Indah Blok A No. 3      Mall Senayan City Unit 6–11          Komplek Rukan Sunter Permai Blok
UPS No. 51                           Jl. Puri Indah Raya                  Jl. Asia Afrika Lot 19               A-9
Jl. Metro Pondok Indah               Kel. Kembangan Selatan               Kel. Gelora Senayan                  Jl. Danau Sunter Utara
Kel. Pondok Pinang                   Kec. Kembangan                       Kec. Tanah Abang                     Kel. Sunter Agung, Kec. Tanjung Priok
Kec. Kebayoran Lama                  Jakarta Barat 11610                  Jakarta Pusat 10270                  Jakarta Utara 14350
Jakarta Selatan 12310                T : (021) 582 0216                   T : (021) 7278 1749                  T : (021) 6530 7347
T : (021) 7591 5628                  F : (021) 582 0217                   F : (021) 7278 1750                  F : (021) 6530 7348
F : (021) 7591 5625

KCP Taman Palem Lestari              KCP Tanah Abang Blok B               KCP Wisma Indocement                 KCP Wisma Slipi
Ruko Taman Palem Blok D1 No. 19D     Jl. KH Fachrudin                     Wisma Indocement Lt. Dasar           Wisma Slipi Lt. Dasar
Kel. Cengakareng Barat               Pertokoan Grosir Mall Tanah Abang    Jl. Jend. Sudirman Kav. 70–71        Jl. Letnan Jenderal S Parman Kav. 12
Kec. Cengkareng                      Blok B Lt. 5                         Kel. Setibudi, Kec. Setiabudi        Kel. Kemanggisan, Kec. Palmerah
Jakarta Barat 11730                  Loss Ktr No. 2                       Jakarta Selatan 12970                Jakarta Barat 11480
T : (021) 5596 0771                  Kel. Kampung Bali, Kec. Tanah        T : (021) 5223 765                   T : (021) 5308 800
F : (021) 5596 0772                  Abang                                F : (021) 5223 762                   F : (021) 5307 207
                                     Jakarta Pusat 10240
                                     T : (021) 831 431
                                     F : (021) 831 427




                                                           2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            67
Page 70
       Profil Perusahaan
       Company Profile




Struktur Organisasi
Organization Structure



Struktur organisasi Bank Victoria berdasarkan Surat Keputusan             The organizational structure of Bank Victoria is based on the
Direksi No. 008A/SK-DIR/09/23 tanggal 8 September 2023                    Board of Director Decision Letter No. 008A/SK-DIR/09/23 dated
diungkapkan sebagai berikut:                                              8 September 2023 disclosed as follows:




     Komite Manajemen
     Risiko/Terintegrasi
    Risk Management
  Committee/Integrated

                                  Wakil Direktur Utama
     Asset and Liability        Deputy President Director
        Committee
                                          Rusli
       Komite Kredit
      Credit Committee                                                                  Direktur Kepatuhan               Direktur Keuangan
                                                                                        & Manajemen Risiko               Director of Finance
                                                                                       Director of Compliance
      Komite Kebijakan
                                                                                        & Risk Management
                                                                                                                     Debora Wahjutirto Tanoyo
        Perkreditan
        Credit Policy                                                                       Tamunan
         Committee

                                 Senior EVP of Operations                                                               Senior EVP of Finance,
      Komite Teknologi
                                  & International Banking                                                             Accounting & Management
         Informasi
                                        Yohanes                                                                          Information System
  Information Technology
        Committee                                                                                                             Suryadi


   Komite Pemantau dan
     Pelaksanaan GCG                 Operations & Internal         Special Asset             Compliance & System
     GCG Implementation                Control Division                                                                     Accounting Division
                                                                Management Division           Procedure Division
       and Monitoring                    Theresia Maria                                                                    R Nino Ramadhan
                                                                  Sonny Andryano                RR Utami Tjipto
         Committee                         Dhewajani

    Komite Personalia
   Personnel Committee                   International              Credit Risk                Risk Management/
                                        Banking Division          Review Division             Integrated Division
    Komite Pengadaan                        Purwono                Teguh Trisno P              Sam R Soelaeman
  Procurement Committee

       Komite Produk
     Product Committee                                          HCM & General Affair          Corporate Secretary
                                                                     Division                      Division
                                                                  Syahda Chandra              Caprie Ardira Azhar




                                                                                            Anti Money Laundering,
                                                                Credit Monitoring &            Counter Terrorist
                                                                    Collection               Financing & Weapon
                                                                Bambang F. Triatmojo        Mass Destruction (AML,
                                                                                                 CTF & WMD)
                                                                                                 Chairul Bahri
                                                                                                                          Management Information
                                                                                                                               System (MIS)
                                                                                                                              Ari Prasetyo




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Page 71
                                                                                                       Komite Pemantau Risiko
                                                                                                      Risk Monitoring Committee
                                                                                              Ketua / Chairman : Gunawan Tenggarahardja
                                                                                              Anggota / Member : Zaenal Abidin, Ph.D
                                                                                              Anggota / Member : Medi Sejati
                                                                                              Anggota / Member : Yozef Abdulrachman



                                                                                                Komite Nominasi dan Remunerasi
                                      Dewan Komisaris                                         Nomination and Remuneration Committee
                                   Board of Commissioners                                     Ketua / Chairman : Gunawan Tenggarahardja
                                                                                              Anggota / Member : Sia Leng Ho
                                                                                              Anggota / Member : Syahda Candra
               Komisaris Utama Independen            : Zaenal Abidin, Ph.D
               Independent President Commissioner
               Komisaris/Komisaris Independen        : Gunawan Tenggarahardja
               Commissioner/Independent Commissioner                                                         Komite Audit
               Komisaris                             : Sia Leng Ho
                                                                                                           Audit Committee
               Commissioner
                                                                                              Ketua / Chairman : Zaenal Abidin, Ph.D
                                                                                              Anggota / Member : Medi Sejati
                                                                                              Anggota / Member : Yozef Abdulrachman




                                         Direktur Utama
                                        President Director
                                      Achmad Friscantono




                                                                                                                   Direktur Bisnis
                                                                                                                Director of Business
                                                                                                                    Lembing




                           Senior EVP of Change
                                                                                       Senior EVP of Business
                            Management Office
                                                                                         Mira Christiana
                         Muhammad Rakhmadhani




   Loan & Trade                 Change Management             SKAI & Anti Fraud               Commercial Banking                          SME & Consumer
 Operations Division              Office Division                 Division                        Division                                Banking Division

Andri Ramunanda                  Ahmad Suheri                Djoko Soendjojo                  Kevin Limanseto                          David Fisher Kusnadi



                                   Information
                                                             Treasury Division
Credit Legal Division           Technology Division
                                                                 Ritayana
 Novita Indriyani               Yohanes Robby
                                   Yuwono

                                                              Corporate Legal
                                                                  Division
                                                             Yosef Sudikbyo




   Branch Banking
     Network &
Digital Sales Division
Lanny Triwardhani




   Main Branches




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                      69
Page 72
     Profil Perusahaan
     Company Profile




Daftar Keanggotaan dalam Asosiasi
List of Association Membership


                                                                                        Skala Asosiasi
                                       Nama Asosiasi                                                      Posisi Bank
                                                                                           Scale of
                                     Name of Association                                                 Bank Position
                                                                                         Association
Lembaga Penjamin Simpanan                                                                  Nasional         Anggota
Indonesia Deposit Insurance Corporation                                                    National         Member

PT Kustodian Sentral Efek Indonesia                                                        Nasional         Anggota
Indonesia Central Securities Depository                                                    National         Member

Perhimpunan Bank-Bank Umum Nasional                                                        Nasional         Anggota
Association of National Commercial Banks                                                   National         Member

Asosiasi Emiten Indonesia                                                                  Nasional         Anggota
Indonesian Public Listed Companies Association                                             National         Member

Ikatan Bankir Indonesia                                                                    Nasional         Anggota
Indonesian Banker Institute                                                                National         Member

                                                                                           Nasional         Anggota
Bankers Association for Risk Managemet
                                                                                           National         Member

Lembaga Alternatif Penyelesaian Sengketa Perbankan Indonesia                               Nasional         Anggota
Indonesian Alternative Agencies for Banking Dispute Resolution                             National         Member

                                                                                           Nasional         Anggota
Indonesian Corporate Secretary Association
                                                                                           National         Member

Asosiasi Sistem Pembayaran Indonesia                                                       Nasional         Anggota
Indonesian Payment System Association                                                      National         Member

Perhimpunan Pedagang Surat Hutang                                                          Nasional         Anggota
Bond Traders Association                                                                   National         Member




70        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Profil Dewan Komisaris
Board of Commissioners Profile


                                                     Dasar Pengangkatan dan Periode Menjabat               Basis of Appointment and Term of Office
                                                     Sebagai Komisaris Utama Independen:                   As Independent President Commissioner:
                                                     Keputusan RUPS Tahunan tanggal 3 Juni 2022            Annual GMS Resolutions dated 3 June 2022
                                                     (2022-2025).                                          (2022-2025).

                                                     Sebagai Komisaris/Komisaris Independen:               As Commissioner/Independent Commissioner:
                                                     • Keputusan RUPS Tahunan tanggal 29 Juni 2012         • Annual GMS Resolutions dated 29 June 2012
                                                       (2012-2013);                                           (2012-2013);
                                                     • Keputusan RUPS Tahunan tanggal 28 Juni 2013         • Annual GMS Resolutions dated 28 June 2013
                                                       (2013-2016);                                           (2013-2016);
                                                     • Keputusan RUPS Tahunan tanggal 24 Juni 2016         • Annual GMS Resolutions dated 24 June 2016
                                                       (2016-2019); dan                                       (2016-2019); and
                                                     • Keputusan RUPS Tahunan tanggal 10 Mei 2019          • Annual GMS Resolutions dated 10 May 2019
                                                       (2019-2022).                                           (2019-2022).


                                                     Riwayat Pendidikan                                    Education
                                                     • Sarjana Ekonomi dari Universitas Islam Indonesia,   • Bachelor of Economics from Islam Indonesia
                                                        Yogyakarta (1987);                                   University, Yogyakarta (1987);
                                                     • Master of Management dari ASIAN Institute of        • Master of Management from ASIAN Institute of
                ZAENAL                                  Management (AIM), Filipina (1997); dan               Management (AIM), the Philippines (1997); and
                                                     • Doctor of Philosophy dari Santo Tomas University,   • Doctor of Philosophy from Santo Tomas
              ABIDIN Ph.D                               Filipina (2006).                                     University, the Philippines (2006).

       Komisaris Utama Independen                    Rangkap Jabatan                                       Concurrent Positions
    President Commissioner Independent               Di dalam Bank Victoria:                               In Bank Victoria:
                                                     • Ketua Komite Audit Bank Victoria (sejak 2022);      • Chairman of Audit Committee of Bank Victoria
                                                        dan                                                   (since 2022); and
                                                     • Anggota Komite Pemantau Risiko Bank Victoria        • Member of Risk Monitoring Committee of Bank
       Kewarganegaraan                                  (sejak 2022).                                         Victoria since (2022).
       Nationality
       Indonesia / Indonesian                        Di luar Bank Victoria:                                Outside of Bank Victoria:
                                                     • Dosen Perbanas Institute (sejak 1993); dan          • Lecturer of Perbanas Institute (since 1993); and
       Tempat Lahir                                  • Asesor Manajemen Risiko Pasar Modal (sejak 2016).   • Assessor of Risk Management of Capital Market
       Place of Birth                                                                                        (since 2016).
       Sukabumi                                      Riwayat Jabatan                                       History of Positions
                                                     • Pro Manager Treasury dan Analisa Bidang Dana        • Pro Manager Treasury and Analysis in Banking Fund
       Usia                                             Perbankan Bank Summa (1989-1992);                     Sector of Bank Summa (1989-1992);
       Age                                           • Peneliti Senior GCG Indonesia Institute Corporate   • GCG Senior Researcher of Indonesia Institute of
       60 tahun / years old                             Governance (2008-2018);                               Corporate Governance (2008-2018);
                                                     • Koordinator Staf Khusus Bidang Riset Asosiasi       • Coordinator of Special Staff of Research Field of
       Domisili                                         Perbanas (2011-2012);                                 Perbanas Association (2011-2012);
       Domicile                                      • Dosen Sekolah Tinggi Ilmu Ekonomi Indonesia         • Lecturer of Sekolah Tinggi Ilmu Ekonomi Indonesia
                                                        Banking School (2013-2019);                           Banking School (2013-2019);
       Depok
                                                     • Ketua Komite Pemantau Risiko Bank Victoria          • Chairman of Risk Monitoring Committee of Bank
                                                        (2013-2022);                                          Victoria (2013-2022);
                                                     • Ketua Komite Tata Kelola Terintegrasi Grup          • Chairman of Integrated Governance Committee of
Pernyataan Independensi                                 Victoria (2015-2021); dan                             Victoria Group (2015-2021); and
Statement of Independence                            • Komisaris Independen PT Sumberdaya Sewatama         • Independent Commissioner of PT Sumberdaya
Beliau telah menjabat 5 (lima) periode sebagai          (2021-2022).                                          Sewatama (2021-2022).
Komisaris Independen dan telah menandatangani
                                                     Sertifikasi                                           Certification
surat pernyataan independensi.
                                                     • Sertifikasi bidang Kepatuhan Perbankan Level        • Certification in Banking Compliance Executive
He has served for 5 (five) terms as Independent         Eksekutif dari Lembaga Sertifikasi Profesi           Level from Banking Profession Certification
Commissioner and has signed a statement of              Perbankan (2020-2023);                               Institute (2020-2023);
independence.                                        • Sertifikasi bidang Keahlian Profesi Pasar Modal     • Certification in Capital Market Professional
                                                        sebagai Wakil Manajer Investasi dari The             Expertise as Deputy Investment Manager from The
Hubungan Afiliasi                                       Indonesia Capital Market Institute (2018-2023);      Indonesia Capital Market Institute (2018-2023);
Affiliation Relationship                             • Sertifikasi bidang Manajemen Risiko Level Utama     • Certification in Risk Management Main Level from
Tidak memiliki hubungan afiliasi dengan anggota         dari Lembaga Sertifikasi Profesi Pasar Modal         the Banking Profession Certification Institute
Dewan Komisaris lainnya, anggota Direksi, serta         (2019-2023);                                         (2019-2023);
Pemegang Saham Utama dan Pengendali, baik            • Sertifikasi bidang Asesor Kompetensi Level          • Certification    in    Competency      Assessment,
langsung maupun tidak langsung sampai kepada            Asesmen/Uji Kompetensi dari Lembaga Sertifikasi      Assessment Level/Competency Test from Banking
pemilik individu.                                       Profesi Perbankan (2019-2022); dan                   Profession Certification Institute (2019-2022); and
Does not have any affiliation with other members     • Sertifikasi bidang Manajemen Risiko Perbankan       • Certification in Banking Risk Management Level
of Board of Commissioners, members of Board of          Level 2 dari Lembaga Sertifikasi Profesi             2 from Banking Profession Certification Institute
Directors, and Main and Controlling Shareholders,       Perbankan (2021-2025).                               (2021-2025).
either directly or indirectly up to the individual   Penilaian Uji Kemampuan dan Kepatutan                 Fit and Proper Test
owners.                                              Sebagai Komisaris Utama Independen:                   As Independent President Commissioner:
                                                     Telah lulus fit and proper test dari OJK tanggal      Passed the fit and proper test from the FSA on
                                                     28 Oktober 2022.                                      28 October 2022.

                                                     Sebagai Komisaris/Komisaris Independen:               As Commissioner/Independent Commissioner:
                                                     Telah lulus fit and proper test dari Bank Indonesia   Passed the fit and proper test from Bank Indonesia
                                                     tanggal 27 September 2012.                            on 27 September 2012.




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                     71
Page 74
     Profil Perusahaan
     Company Profile




                                             Dasar Pengangkatan dan Periode Menjabat           Basis of Appointment and Term of Office
                                             • Keputusan RUPS Luar Biasa tanggal               • Extraordinary       GMS Resolutions dated
                                               24 Februari 2003 (2003-2007);                     24 February 2003 (2003-2007);
                                             • Keputusan RUPS Luar Biasa tanggal               • Extraordinary GMS Resolutions dated
                                               19 Desember 2007 (2007-2010);                     19 December 2007 (2007-2010);
                                             • Keputusan RUPS Tahunan tanggal 25 Juni 2010     • Annual GMS Resolutions dated 25 June 2010
                                               (2010-2013);                                      (2010-2013);
                                             • Keputusan RUPS Tahunan tanggal 28 Juni 2013     • Annual GMS Resolutions dated 28 June 2013
                                               (2013-2016);                                      (2013-2016);
                                             • Keputusan RUPS Tahunan tanggal 24 Juni 2016     • Annual GMS Resolutions dated 24 June 2016
                                               (2016-2019);                                      (2016-2019);
                                             • Keputusan RUPS Tahunan tanggal 10 Mei 2019      • Annual GMS Resolutions dated 10 May 2019
                                               (2019-2022); dan                                  (2019-2022); and
                                             • Keputusan RUPS Tahunan tanggal 3 Juni 2022      • Annual GMS Resolutions dated 3 June 2022
                                               (2022-2025).                                      (2022-2025).

                                             Riwayat Pendidikan                                Education
         GUNAWAN                             Sarjana Teknik Sipil dari Institut Teknologi      Bachelor of Civil Engineering from Bandung
                                             Bandung (1981).                                   Institute of Technology (1981).
      TENGGARAHARDJA
   Komisaris/Komisaris Independen            Rangkap Jabatan                                   Concurrent Positions
Commissioner/Independent Commissioner        Di dalam Bank Victoria:                           In Bank Victoria:
                                             • Ketua Komite Nominasi dan Remunerasi Bank       • Chairman of Nomination and Remuneration
                                                Victoria (sejak 2012); dan                        Committee of Bank Victoria (since 2012); and
                                             • Ketua Komite Pemantau Risiko Bank Victoria      • Chairman of Risk Monitoring Committee of
     Kewarganegaraan                            (sejak 2022).                                     Bank Victoria (since 2022).
     Nationality
     Indonesia / Indonesian                  Di luar Bank Victoria:                            Outside of Bank Victoria:
                                             Komisaris Independen PT Jakarta Setiabudi         Independent Commissioner of PT Jakarta
     Tempat Lahir
                                             Internasional Tbk (sejak 2004).                   Setiabudi Internasional Tbk (since 2004).
     Place of Birth
     Malang                                  Riwayat Jabatan                                   History of Positions
                                             • International Field Engineer 1 Schlumberger     • International      Field  Engineer     1   of
     Usia
                                               OSA (1982-1984);                                   Schlumberger OSA (1982-1984);
     Age
                                             • Assistant Manager PT Bank Bali (1985-1988);     • Assistant Manager of PT Bank Bali (1985-1988);
     68 tahun / years old
                                             • General Manager PT Sampoerna Transport          • General Manager of PT Sampoerna Transport
     Domisili                                  Nusantara (1989-1992);                             Nusantara (1989-1992);
     Domicile                                • Direktur Eksekutif PT Duta Pertiwi Tbk          • Executive Director of PT Duta Pertiwi Tbk
     Jakarta                                   (1992-1996);                                       (1992-1996);
                                             • Direktur PT Bhuwanatala Indah Permai Tbk        • Director of PT Bhuwanatala Indah Permai Tbk
                                               (1996-1998);                                       (1996-1998);
                                             • Komisaris Utama PT Sigma Karya Sempurna         • President Commissioner of PT Sigma Karya
                                               (Bali Camp) (1998-2004);                           Sempurna (Bali Camp) (1998-2004);
                                             • Ketua Komite Pemantau Risiko Bank Victoria      • Chairman of Risk Monitoring Committee of
                                               (2015-2022); dan                                   Bank Victoria (2015-2022); and
                                             • Anggota Komite Tata Kelola Terintegrasi Bank    • Member of Integrated Governance Committee
                                               Victoria (2017-2021).                              of Bank Victoria (2017-2021).

                                             Sertifikasi                                       Certification
                                             Sertifikasi bidang Manajemen Risiko Perbankan     Risk Management Certification Level 5 from
                                             Level 5 dari Lembaga Sertifikasi Profesi          Banking Profession Certification Institute
                                             Perbankan (2021-2023).                            (2021-2023).

                                             Penilaian Uji Kemampuan dan Kepatutan             Fit and Proper Test
                                             Sebagai Komisaris Utama Independen:               As Independent President Commissioner:
                                             Telah lulus fit and proper test dari Bank         Passed the fit and proper test from Bank
                                             Indonesia tanggal 22 April 2003.                  Indonesia on 22 April 2003.

                                             Sebagai Komisaris/Komisaris Independen:           As Commissioner/Independent Commissioner:
                                             Telah lulus fit and proper test dari Bank         Passed the fit and proper test from Bank
                                             Indonesia tanggal 13 September 2003.              Indonesia on 13 September 2003.

                                             Hubungan Afiliasi                                 Affiliation Relationship
                                             Tidak memiliki hubungan afiliasi dengan anggota   Does not have any affiliation with other
                                             Dewan Komisaris lainnya, anggota Direksi, serta   members of Board of Commissioners, members
                                             Pemegang Saham Utama dan Pengendali, baik         of Board of Directors, and Main and Controlling
                                             langsung maupun tidak langsung sampai kepada      Shareholders, either directly or indirectly up to
                                             pemilik individu.                                 the individual owners.

                                             Pernyataan Independensi                           Statement of Independence
                                             Beliau telah menjabat 7 (tujuh) periode           He has served for 7 (seven) terms as Independent
                                             sebagai Komisaris Independen dan telah            Commissioner and has signed a statement of
                                             menandatangani surat pernyataan independensi.     independence.




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                                         Dasar Pengangkatan dan Periode Menjabat           Basis of Appointment and Term of Office
                                         Keputusan RUPS Luar Biasa tanggal 19 Oktober      Extraordinary GMS Resolutions dated 19 October
                                         2022 (2022-2025).                                 2022 (2022-2025).

                                         Riwayat Pendidikan                                Education
                                         Bachelor of Business Administration        dari   Bachelor of Business Administration         from
                                         University of San Francisco (1985).               University of San Francisco (1985).

                                         Rangkap Jabatan                                   Concurrent Positions
                                         Di dalam Bank Victoria:                           In Bank Victoria:
                                         Anggota Komite Nominasi dan Remunerasi Bank       Member of Nomination and Remuneration
                                         Victoria (sejak 2022).                            Committee of Bank Victoria (since 2022).

                                         Di luar Bank Victoria:                            Outside of Bank Victoria:
                                         Komisaris Independen PT Central Proteina          Commissioner of PT           Central    Proteina
                                         Prima Tbk (sejak 2023).                           Prima Tbk (since 2023).

                                         Riwayat Jabatan                                   History of Positions
            SIA LENG HO                  • Posisi terakhir sebagai Vice President –        • Last position as Vice President - Corporate
                                           Corporate Banking Segment Head PT Bank             Banking Segment Head of PT Bank Bali
                 Komisaris                 Bali (1985-1991);                                  (1985-1991);
                Commissioner             • Deputy President Director PT Bank Ekonomi       • Deputy President Director of PT Bank Ekonomi
                                           Raharja Tbk (1991-2012);                           Raharja Tbk (1991-2012);
                                         • Komisaris PT Bank Ekonomi Raharja Tbk           • Commissioner of PT Bank Ekonomi Raharja Tbk
                                           (2012);                                            (2012);
     Kewarganegaraan
                                         • President Director PT Bank Agris Tbk            • President Director of PT Bank Agris Tbk
     Nationality
                                           (2012-2019); dan                                    (2012-2019); and
     Indonesia / Indonesian
                                         • Management Advisor PT Bank IBK Indonesia        • Management Advisor of PT Bank IBK
     Tempat Lahir                          Tbk (2019-2021).                                   Indonesia Tbk (2019-2021).
     Place of Birth
     Jakarta                             Sertifikasi                                       Certification
                                         Sertifikasi bidang Manajemen Risiko Perbankan     Risk Management Certification Level 5 from
     Usia                                Level 5 dari Lembaga Sertifikasi Profesi          Banking Profession Certification Institute
     Age                                 Perbankan (2021-2023).                            (2021-2023).
     64 tahun / years old
                                         Penilaian Uji Kemampuan dan Kepatutan             As Independent President Commissioner:
     Domisili                            Telah lulus fit and proper test dari Bank         Passed the fit and proper test from the FSA on
     Domicile                            Indonesia tanggal 28 Oktober 2003.                28 October 2003.
     Jakarta
                                         Hubungan Afiliasi                                 Affiliation Relationship
                                         Tidak memiliki hubungan afiliasi dengan anggota   Does not have any affiliation with other
                                         Dewan Komisaris lainnya, anggota Direksi, serta   members of Board of Commissioners, members
                                         Pemegang Saham Utama dan Pengendali, baik         of Board of Directors, and Main and Controlling
                                         langsung maupun tidak langsung sampai kepada      Shareholders, either directly or indirectly up to
                                         pemilik individu.                                 the individual owners.




Perubahan Komposisi Anggota Dewan                                  Changes to the Composition of Board of
Komisaris                                                          Commissioners

Tidak terdapat perubahan anggota Dewan Komisaris Bank              There were no changes to the members of Board of Commissioners
Victoria selama tahun buku 2023. Dengan demikian, susunan          of Bank Victoria in the 2023 fiscal year. Thus, the composition of
keanggotaan Dewan Komisaris meliputi:                              the Board of Commissioners includes:
Komisaris Utama          : Zaenal Abidin, Ph.D                     Independent                      : Zaenal Abidin, Ph.D
Independen                                                         President Commissioner
Komisaris/               : Gunawan Tenggarahardja                  Commissioner/Independent         : Gunawan Tenggarahardja
Komisaris Independen                                               Commissioner
Komisaris                : Sia Leng Ho                             Commissioner                     : Sia Leng Ho




                                                 2023 Annual and Sustainability Report | PT Bank Victoria International Tbk             73
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      Profil Perusahaan
      Company Profile




Profil Direksi
Board of Directors Profile


                                              Dasar Pengangkatan dan Periode Menjabat            Basis of Appointment and Term of Office
                                              Keputusan RUPS Tahunan tanggal 3 Juni 2022         Annual GMS Resolutions dated 3 June 2022
                                              (2022-2025).                                       (2022-2025).

                                              Riwayat Pendidikan                                 Education
                                              • Bachelor of Science Degree in Agricultural       • Bachelor of Science Degree in Agricultural
                                                Economics (Business and Industry) dari             Economics (Business and Industry) from
                                                University of Wisconsin, Madison (1987); dan       University of Wisconsin, Madison (1987); and
                                              • Master of Business Administration (Marketing)    • Master of Business Administration (Marketing)
                                                dari City University, Seattle, Washington, USA     from City University, Seattle, Washington, USA
                                                (1989).                                            (1989).

                                              Rangkap Jabatan                                    Concurrent Positions
                                              Di dalam Bank Victoria:                            In Bank Victoria:
                                              Tidak Ada.                                         None.

                                              Di luar Bank Victoria:                             Outside of Bank Victoria:
                                              Tidak Ada.                                         None.
     ACHMAD FRISCANTONO
                                              Riwayat Jabatan                                    History of Positions
              Direktur Utama                  • Senior Assistant Manager Divison Treasury        • Senior Assistant Manager of Treasury Division
             President Director                 PT Bank Internasional Indonesia Tbk                 of PT Bank Internasional Indonesia Tbk
                                                (1990-1994);                                        (1990-1994);
                                              • Manager Divison Treasury PT Bank Namura          • Treasury Division Manager of PT Bank Namura
                                                Internusa (1994-1996);                              Internusa (1994-1996);
      Kewarganegaraan
                                              • Senior Manager Divison Treasury dan Divison      • Senior Manager of Treasury Division and
      Nationality
                                                International PT Bank Rama Tbk (1996-2000);         International Division of PT Bank Rama Tbk
      Indonesia / Indonesian
                                                                                                    (1996-2000);
      Tempat Lahir                            • Kepala Risiko Likuiditas (Senior Assistant       • Head of Market Liquidity Risk (Senior Assistant
      Place of Birth                            Vice President) Market dan Likuiditas Risiko        Vice President) and Division Liquidity
      San Francisco                             Divisi PT Bank Danamon Indonesia Tbk                Risk of PT Bank Danamon Indonesia Tbk
                                                (2000-2006);                                        (2000-2006);
      Usia                                    • Treasury and Financial Institution Head          • Treasury and Financial Institution Head
      Age                                       (Executive Vice President) PT Bank Tabungan         (Executive Vice President) of PT Bank
      62 tahun / years old                      Pensiun Nasional Tbk (2006-2016); dan               Tabungan Pensiun Nasional Tbk (2006-2016);
                                                                                                    and
      Domisili                                • Komisaris Utama PT Bank Victoria Syariah         • President Commissioner of PT Bank Victoria
      Domicile                                  (2019-2022).                                        Syariah (2019-2022).
      Jakarta
                                              Sertifikasi                                        Certification
                                              Sertifikasi bidang Manajemen Risiko Level 5        Risk Management Certification Level 5 from
                                              dari Lembaga Sertifikasi Profesi Perbankan         Banking Profession Certification Institute
                                              (2022-2024).                                       (2022-2024).

                                              Penilaian Uji Kemampuan dan Kepatutan              Fit and Proper Test
                                              Telah lulus fit and proper test dari OJK tanggal   Passed the fit and proper test from the FSA on
                                              19 Oktober 2022.                                   19 October 2022.

                                              Hubungan Afiliasi                                  Affiliation Relationship
                                              Tidak memiliki hubungan afiliasi dengan anggota    Does not have any affiliation with other members
                                              Direksi lainnya, anggota Dewan Komisaris, serta    of Board of Directors, members of Board of
                                              Pemegang Saham Utama dan Pengendali, baik          Commissioners, and Main and Controlling
                                              langsung maupun tidak langsung sampai kepada       Shareholders, either directly or indirectly up to
                                              pemilik individu.                                  the individual owners.




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                               Dasar Pengangkatan dan Periode Menjabat             Basis of Appointment and Term of Office
                               • Keputusan RUPS Luar Biasa tanggal                 • Extraordinary GMS Resolutions dated
                                 29 Februari 2016 (2016);                            29 February 2016 (2016);
                               • Keputusan RUPS Tahunan tanggal 24 Juni 2016       • Annual GMS Resolutions dated 24 June 2016
                                 (2016-2019);                                        (2016-2019);
                               • Keputusan RUPS Tahunan tanggal 10 Mei 2019        • Annual GMS Resolutions dated 10 May 2019
                                 (2019-2022); dan                                    (2019-2022); and
                               • Keputusan RUPS Tahunan tanggal 3 Juni 2022        • Annual GMS Resolutions dated 3 June 2022
                                 (2022-2025).                                        (2022-2025).

                               Riwayat Pendidikan                                  Education
                               Insinyur jurusan Teknik Industri dari Universitas   Engineer of Industrial Engineering from Trisakti
                               Trisakti (1993).                                    University (1993).

                               Rangkap Jabatan                                     Concurrent Positions
                               Di dalam Bank Victoria:                             In Bank Victoria:
                               Tidak Ada.                                          None.

            RUSLI              Di luar Bank Victoria:                              Outside of Bank Victoria:
                               Tidak Ada.                                          None.
    Wakil Direktur Utama
   Deputy President Director   Riwayat Jabatan                                     History of Positions
                               • Menjabat di PT Bank QNB Indonesia Tbk             • Held positions at PT Bank QNB Indonesia Tbk
                                 sebagai:                                             as:
                                 - Head of Treasury (2000-2002);                      - Head of Treasury (2000-2002);
Kewarganegaraan
                                 - Direktur Treasury (2002-2009);                     - Director of Treasury (2002-2009);
Nationality
                                 - Direktur Bisnis (2009-2012);                       - Director of Business (2009-2012);
Indonesia / Indonesian
                                 - Direktur Operasional (2012-2016); dan              - Director of Operations (2012-2016); and
Tempat Lahir                   • Direktur Operasi dan Sistem Bank Victoria         • Director of Operations and Systems of Bank
Place of Birth                   (2016).                                              Victoria (2016).
Tebing Tinggi
                               Sertifikasi                                         Certification
Usia                           • Omega Credit Certification (2015);                • Omega Credit Certification (2015);
Age                            • Sertifikasi bidang Treasury Dealer Level          • Certification in Treasury Dealer Advanced
52 tahun / years old             Advance dari Lembaga Sertifikasi Profesi            Level from Banking Profession Certification
                                 Perbankan (2021-2024); dan                          Institute (2021-2024); and
Domisili                       • Sertifikasi   bidang    Manajemen  Risiko         • Certification in Banking Risk Management
Domicile                         Perbankan Level 5 dari Lembaga Sertifikasi          Level 5 from Banking Profession Certification
Jakarta                          Profesi Perbankan (2021-2023).                      Institute (2021-2023).

                               Penilaian Uji Kemampuan dan Kepatutan               Fit and Proper Test
                               Telah lulus fit and proper test dari OJK tanggal    Passed the fit and proper test from the FSA on
                               16 September 2016.                                  16 September 2016.

                               Hubungan Afiliasi                                   Affiliation Relationship
                               Tidak memiliki hubungan afiliasi dengan anggota     Does not have any affiliation with other members
                               Direksi lainnya, anggota Dewan Komisaris, serta     of Board of Directors, members of Board of
                               Pemegang Saham Utama dan Pengendali, baik           Commissioners, and Main and Controlling
                               langsung maupun tidak langsung sampai kepada        Shareholders, either directly or indirectly up to
                               pemilik individu.                                   the individual owners.




                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk              75
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     Profil Perusahaan
     Company Profile




                                             Dasar Pengangkatan dan Periode Menjabat            Basis of Appointment and Term of Office
                                             • Keputusan RUPS Tahunan tanggal 18 Mei 2018       • Annual GMS Resolutions dated 18 May 2018
                                               (2018-2019);                                       (2018-2019);
                                             • Keputusan RUPS Tahunan tanggal 10 Mei 2019       • Annual GMS Resolutions dated 10 May 2019
                                               (2019-2022); dan                                   (2019-2022); and
                                             • Keputusan RUPS Tahunan tanggal 3 Juni 2022       • Annual GMS Resolutions dated 3 June 2022
                                               (2022-2025).                                       (2022-2025).

                                             Riwayat Pendidikan                                 Education
                                             Sarjana Ekonomi dari Universitas Tarumanegara      Bachelor of Economic from Tarumanegara
                                             (1989).                                            University (1989).

                                             Rangkap Jabatan                                    Concurrent Positions
                                             Di dalam Bank Victoria:                            In Bank Victoria:
                                             Tidak Ada.                                         None.

                                             Di luar Bank Victoria:                             Outside of Bank Victoria:
                                             Tidak Ada.                                         None.
                LEMBING
                                             Riwayat Jabatan                                    History of Positions
             Direktur Bisnis                 • Branch Manager Bank Lippo (1991-2004);           • Branch Manager of Bank Lippo (1991-2004);
           Director of Business              • Kepala Wilayah Jakarta dan Kalimantan Bank       • Head of Jakarta and Kalimantan Regions of
                                               Lippo (2004-2008);                                  Bank Lippo (2004-2008);
                                             • Small Medium Enterprise Head Bank                • Small and Medium Enterprise Head of Bank
                                               Danamon (2008-2009);                                Danamon (2008-2009);
     Kewarganegaraan
                                             • Small Medium Enterprise Head and Emerging        • Small and Medium Enterprise Head and
     Nationality
                                               Business Maybank (2009-2012);                       Emerging Business of Maybank (2009-2012);
     Indonesia / Indonesian
                                             • Direktur PT Elang Kurnia Sakti (2012-2017);      • Director of PT Elang Kurnia Sakti (2012-2017);
     Tempat Lahir                            • Direktur PT Agung Kimia Cemerlang                • Director of PT Agung Kimia Cemerlang
     Place of Birth                            (2012-2017);                                        (2012-2017);
     Pekanbaru                               • Komisaris PT Agung Kimia Cemerlang               • Commissioner of PT Agung Kimia Cemerlang
                                               (2015-2017); dan                                    (2015-2017); and
     Usia                                    • Small Medium Enterprise Head Maybank             • Small and Medium Enterprise Head of
     Age                                       (2017- 2018).                                       Maybank (2017-2018).
     59 tahun / years old
                                             Sertifikasi                                        Certification
     Domisili                                Sertifikasi bidang Manajemen Risiko Perbankan      Risk Management Certification Level 5 from
     Domicile                                Level 5 dari Lembaga Sertifikasi Profesi           Banking Profession Certification Institute
     Jakarta                                 Perbankan (2022-2024).                             (2022-2024).

                                             Penilaian Uji Kemampuan dan Kepatutan              Fit and Proper Test
                                             Telah lulus fit and proper test dari OJK tanggal   Passed the fit and proper test from the FSA on
                                             30 Oktober 2018.                                   30 October 2018.

                                             Hubungan Afiliasi                                  Affiliation Relationship
                                             Tidak memiliki hubungan afiliasi dengan anggota    Does not have any affiliation with other members
                                             Direksi lainnya, anggota Dewan Komisaris, serta    of Board of Directors, members of Board of
                                             Pemegang Saham Utama dan Pengendali, baik          Commissioners, and Main and Controlling
                                             langsung maupun tidak langsung sampai kepada       Shareholders, either directly or indirectly up to
                                             pemilik individu.                                  the individual owners.




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                            Dasar Pengangkatan dan Periode Menjabat             Basis of Appointment and Term of Office
                            • Keputusan RUPS Tahunan tanggal 18 Mei             • Annual GMS Resolutions dated 18 May 2018
                              2018 (2018-2019);                                   (2018-2019);
                            • Keputusan RUPS Tahunan tanggal 10 Mei             • Annual GMS Resolutions dated 10 May 2019
                              2019 (2019-2022); dan                               (2019-2022); and
                            • Keputusan RUPS Tahunan tanggal 3 Juni 2022        • Annual GMS Resolutions dated 3 June 2022
                              (2022-2025).                                        (2022-2025).

                            Riwayat Pendidikan                                  Education
                            • Bachelor of Science dari University of San        • Bachelor of Science from University of San
                              Francisco, California (2006); dan                   Fransisco, California (2006); and
                            • Master of Business Administration dari            • Master of Business Administration from
                              University of San Fransisco, California (2009).     University of San Fransisco, California (2009).

                            Rangkap Jabatan                                     Concurrent Positions
                            Di dalam Bank Victoria:                             In Bank Victoria:
                            Tidak Ada.                                          None.
DEBORA WAHJUTIRTO
     TANOYO                 Di luar Bank Victoria:                              Outside of Bank Victoria:
                            Tidak Ada.                                          None.
      Direktur Keuangan
      Director of Finance   Riwayat Jabatan                                     History of Positions
                            • Assurance Staff Burr Pilger and Mayer LLP,        • Assurance Staff of Burr Pilger and Mayer LLP,
                              San Francisco (2007-2008);                           San Francisco (2007-2008);
                            • Senior Associate 2 Ernst and Young LLP,           • Senior Associate 2 of Ernst and Young LLP,
Kewarganegaraan
                              Singapore (2011-2013);                               Singapore (2011-2013);
Nationality
                            • Finance Manager PT Victoria Investama Tbk         • Finance Manager of PT Victoria Investama
Indonesia / Indonesian
                              (2013-2014);                                         Tbk (2013-2014);
Tempat Lahir                • Senior Staf Manajemen Risiko Bank Victoria        • Senior Staff of Risk Management of Bank
Place of Birth                (2014-2015);                                         Victoria (2014-2015);
Surabaya                    • Direktur PT Victoria Investama Tbk                • Director of PT Victoria Investama Tbk
                              (2014-2018); dan                                     (2014-2018); and
Usia                        • Komisaris Bank Victoria (2016-2018).              • Commissioner of Bank Victoria (2016-2018).
Age
38 tahun / years old        Sertifikasi                                         Certification
                            Sertifikasi bidang Manajemen Risiko Perbankan       Risk Management Certification Level 5 from
Domisili                    Level 5 dari Lembaga Sertifikasi Profesi            Banking Profession Certification Institute
Domicile                    Perbankan (2022-2024).                              (2022-2024).
Jakarta
                            Penilaian Uji Kemampuan dan Kepatutan               Fit and Proper Test
                            Telah lulus fit and proper test dari OJK tanggal    Passed the fit and proper test from the FSA on
                            22 November 2018.                                   22 November 2018.

                            Hubungan Afiliasi                                   Affiliation Relationship
                            Tidak memiliki hubungan afiliasi dengan             Does not have any affiliation with members of
                            Dewan Komisaris dan Direksi. Namun, memiliki        Board of Commissioners and members of Board of
                            hubungan afiliasi dengan Pemegang Saham             Directors. However, has affiliation with Controlling
                            Pengendali yaitu Suzanna Tanojo.                    Shareholder, namely Suzanna Tanojo.




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     Company Profile




                                             Dasar Pengangkatan dan Periode Menjabat           Basis of Appointment and Term of Office
                                             • Keputusan RUPS Tahunan tanggal 27 Juni          • Annual GMS Resolutions dated 27 June 2008
                                               2008 (2008-2010);                                 (2018-2010);
                                             • Keputusan RUPS Tahunan tanggal 25 Juni          • Annual GMS Resolutions dated 25 June 2010
                                               2010 (2010-2013);                                 (2010-2013);
                                             • Keputusan RUPS Tahunan tanggal 28 Juni          • Annual GMS Resolutions dated 28 June 2013
                                               2013 (2013-2016);                                 (2013-2016);
                                             • Keputusan RUPS Tahunan tanggal 24 Juni          • Annual GMS Resolution dated 24 June 2016
                                               2016 (2016-2019);                                 (2016-2019);
                                             • Keputusan RUPS Tahunan tanggal 10 Mei           • Annual GMS Resolutions dated 10 May 2019
                                               2019 (2019-2022); dan                             (2019-2022); and
                                             • Keputusan RUPS Tahunan tanggal 3 Juni 2022      • Annual GMS Resolutions dated 3 June 2022
                                               (2022-2025).                                      (2022-2025).

                                             Riwayat Pendidikan                                Education
                                             • Sarjana Ekonomi bidang Akuntansi dari           • Bachelor of Economics in Accounting from
                                               Universitas Lambung Mangkurat, Banjarmasin        Lambung Mangkurat University, Banjarmasin
                                               (1990); dan                                       (1990); and
                                             • Magister Manajemen bidang Manajemen             • Master of Management, majoring in Risk
             TAMUNAN                           Risiko dari Universitas Indonesia (2008).         Management from Universitas Indonesia (2008).

                                             Rangkap Jabatan                                   Concurrent Positions
         Direktur Kepatuhan dan              Di dalam Bank Victoria:                           In Bank Victoria:
            Manajemen Risiko                 Tidak Ada.                                        None.
     Director of Compliance and Risk
               Management                    Di luar Bank Victoria:                            Outside of Bank Victoria:
                                             Tidak Ada.                                        None.
     Kewarganegaraan
                                             Riwayat Jabatan                                   History of Positions
     Nationality
                                             • Staf Audit Kantor Akuntan Publik Drs. Santoso   • Audit Staff of Public Accounting Firm of
     Indonesia / Indonesian                    Banjarmasin (1987-1988);                           Drs. Santoso Banjarmasin (1987-1988);
                                             • Kepala Bagian Administrasi dan Umum             • Head of Administration and General Affairs
     Tempat Lahir
                                               PT Winduintan Deltatama (Muda Jaya Group)          Department of PT Winduintan Deltatama
     Place of Birth                            Banjarmasin (1988-1990);                           (Muda Jaya Group), Banjarmasin (1988-1990);
     Banjarmasin                             • Kepala Kantor Bank Andromeda (1990-1997);       • Office Head of Bank Andromeda (1990-1997);
                                             • Kepala Kantor Bank Alfa, Menara Kebon Sirih     • Office Head of Bank Alfa, Menara Kebon Sirih
     Usia                                      (1997-1999);                                       (1997-1999);
     Age                                     • Staf Badan Penyehatan Perbankan Nasional        • Staff of Indonesian Bank Restructuring
     58 tahun / years old                      (BPPN) (1999);                                     Agency (BPPN) (1999);
                                             • Manajer Operasional PT Victoria Sekuritas       • Manager of Operations of PT Victoria
     Domisili                                  (1999-2001);                                       Securities (1999-2001);
     Domicile                                • Head of Operation and Compliance                • Head of Operations and Compliance of
     Jakarta                                   PT Mahastra Capital (2001-2003); dan               PT Mahastra Capital (2001-2003); and
                                             • Direktur Operasi Bank Victoria (2007-2008).     • Director of Operations of Bank Victoria
                                                                                                  (2007-2008).

                                             Sertifikasi                                       Certification
                                             • Sertifikasi bidang Treasury Dealer Level        • Certification in Treasury Dealer Advanced
                                               Advance dari Lembaga Sertifikasi Profesi          Level from Banking Profession Certification
                                               Perbankan (2021- 2024);                           Institute (2021-2024);
                                             • Sertifikasi    bidang  Manajemen      Risiko    • Certification in Banking Risk Management
                                               Perbankan Level 7 dari Lembaga Sertifikasi        Level 7 from Banking Profession Certification
                                               Profesi Perbankan (2021-2023); dan                Institute (2021-2023); and
                                             • Sertifikasi bidang Compliance Level Advance     • Certification in Compliance Advanced
                                               dari Lembaga Sertifikasi Profesi Perbankan        Level from Banking Profession Certification
                                               (2021-2024).                                      Institute (2021-2024).

                                             Penilaian Uji Kemampuan dan Kepatutan             Fit and Proper Test
                                             Telah lulus fit and proper test dari Bank         Passed the fit and proper test from Bank
                                             Indonesia tanggal 24 Maret 2009.                  Indonesia on 24 March 2009.

                                             Hubungan Afiliasi                                 Affiliation Relationship
                                             Tidak memiliki hubungan afiliasi dengan anggota   Does not have any affiliation with other members
                                             Direksi lainnya, anggota Dewan Komisaris, serta   of Board of Directors, members of Board of
                                             Pemegang Saham Utama dan Pengendali, baik         Commissioners, and Main and Controlling
                                             langsung maupun tidak langsung sampai kepada      Shareholders, either directly or indirectly up to
                                             pemilik individu.                                 the individual owners.




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Perubahan Komposisi Anggota Direksi                               Changes to the Board of Directors’ Composition

Pada tahun 2023, tidak terdapat perubahan komposisi anggota       In 2023, there were no changes to the composition of the Board
Direksi Bank Victoria. Dengan demikian, susunan keanggotaan       of Directors of Bank Victoria. Thus, the composition of the Board
Direksi meliputi:                                                 of Directors includes:
Direktur Utama          : Achmad Friscantono                      President Director           : Achmad Friscantono
Wakil Direktur Utama : Rusli                                      Deputy President Director : Rusli
Direktur Bisnis         : Lembing                                 Director of Business         : Lembing
Direktur Keuangan       : Debora Wahjutirto Tanoyo                Director of Finance          : Debora Wahjutirto Tanoyo
Direktur Kepatuhan                                                Director of Compliance
dan Manajemen Risiko : Tamunan                                    and Risk Management          : Tamunan




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      Company Profile




Profil Pejabat Eksekutif
Executive Officers Profile




                  1                               3                                2                               4

1.   Muhammad Rakhmadhani                                             3. Mira Christiana
		 (Senior Executive Vice President(SEVP) of Change                       (Senior Executive Vice President (SEVP) of Business)
   Management Office)

2. Yohanes                                                            4. Suryadi
		 Senior Executive Vice President (SEVP) of Operations &                 (Senior Executive Vice President of Finance, Accounting &
   International Banking                                                  Management Information System)




80       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 83
                   Nama                                                     Jabatan
                   Name                                                     Position
Muhammad Rakhmadhani       Senior Executive Vice President of Change Management Office

Yohanes                    Senior Executive Vice President of Operations & International Banking

Mira Christiana            Senior Executive Vice President of Business

Suryadi                    Senior Executive Vice President of Finance, Accounting & Management Information System

                           Kepala Divisi Corporate Secretary
Caprie Ardira Azhar
                           Head of Corporate Secretary Division

                           Kepala Divisi SKAI & Anti Fraud
Djoko Soendjojo
                           Head of SKAI & Anti Fraud Division

                           Kepala Divisi Compliance & System Procedure
RR Utami Tjipto
                           Head of Compliance & System Procedure

                           Kepala Divisi Risk Management/Integrated
Sam R Soelaeman
                           Head of Risk Management/Integrated Division

                           Kepala Divisi International Banking
Purwono
                           Head of International Banking Division

                           Kepala Divisi Treasury
Ritayana
                           Head of Treasury Division

                           Kepala Divisi Operations & Internal Control
Theresia Maria Dhewajani
                           Head of Operations & Internal Control Division

                           Kepala Divisi Corporate Legal
Yosef Sudikbyo
                           Head of Corporate Legal Division

                           Kepala Divisi Credit Legal
Novita Indriyani
                           Head of Credit Legal Division

                           Kepala Divisi Credit Risk Review
Teguh Trisno Pambudi
                           Head of Credit Risk Review Division

                           Kepala Divisi SME & Consumer Banking
David Fisher Kusnadi
                           Head of SME & Consumer Banking Division

                           Kepala Divisi Branch Banking Network & Digital Sales
Lanny Triwardhani
                           Head of Branch Banking Network & Digital Sales Division

                           Kepala Divisi Loan & Trade Operations
Andri Ramunanda
                           Head of Loan & Trade Operations Division

                           Kepala Divisi Special Assets Management
Sonny Andryano
                           Head of Special Assets Management Division

                           Wakil Kepala Departemen Credit Monitoring & Collection
Bambang F. Triatmojo
                           Vice Head of Credit Monitoring & Collection Department Division

                           Kepala Departemen Anti Money Laundering (AML), Counter Terorist Financing (CTF) & Weapon Mass
                           Destruction (WMD)
Chairul Bahri
                           Head of Anti Money-Laundering (AML), Counter-Terrorist Financing (CTF) & Weapon Mass Destruction
                           (WMD)




                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            81
Page 84
     Profil Perusahaan
     Company Profile




Pendidikan dan/atau Pelatihan Pejabat                                       Education and/or Training of Executive
Eksekutif                                                                   Officers

          Nama                                                                     Materi
          Name                                                                     Material
Muhammad Rakhmadhani        1.  Asia Immersive Web3 Festival (oleh Coinvestasi);          1.  Asia Immersive Web3 Festival (by Coinvestasi);
Senior Executive Vice       2.  Aspek Hukum dan Dokumen Pembukaan Rekening                2.  Legal Aspects and Documents for Opening a Company
President of Change             Perusahaan (oleh Bank Victoria);                              Account (by Bank Victoria);
Management Office           3. Expert Sharing Outlook Banking Regulation (oleh            3. Expert Sharing Outlook Banking Regulation (by the
                                Lembaga Pengembangan Perbankan Indonesia);                    Indonesian Banking Development Institute);
                            4. Expert Sharing Session - Keuangan Berkelanjutan (oleh      4. Expert Sharing Session - Sustainable Finance (by
                                Otoritas Jasa Keuangan Institute);                            Otoritas Jasa Keuangan Institute);
                            5. Governance, Risk, & Compliance (oleh Bank Victoria);       5. Governance, Risk, & Compliance (by Bank Victoria);
                            6. HPE CIC Storage (oleh Hewlett Packard Enterprise);         6. HPE CIC Storage (by Hewlett Packard Enterprise);
                            7. Outlook Banking Regulation: Tantangan Industri             7. Outlook Banking Regulation: Banking Industry
                                Perbankan, Arah Regulasi, dan Future Banking (oleh            Challenges, Regulatory Direction, and Future Banking
                                Lembaga Pengembangan Perbankan Indonesia);                    (by the Indonesian Banking Development Institute);
                            8. Philosophy that Flows in My Soul (oleh Bank Victoria);     8. Philosophy that Flows in My Soul (by Bank Victoria);
                            9. Anti Fraud Management for Leaders Batch 2 (oleh            9. Anti Fraud Management for Leaders Batch 2 (by
                                PT Kanatta Daya Indonesia); dan                               PT Kanatta Daya Indonesia); and
                            10. Refreshment Pencegahan Tidak Pidana Pencucian             10. Refreshment of Prevention of Crimes of Money
                                Uang, Pencegahan Pendanaan Terorisme dan                      Laundering, Counter-Terrorist Financing, and Counter-
                                Pencegahan Pendanaan Proliferasi Senjata Pemusnah             Proliferation Financing of Weapons of Mass Destruction
                                Massal berdasarkan Peraturan Otoritas Jasa Keuangan           based on Financial Services Authority Regulation No. 8
                                No. 8 Tahun 2023 (oleh PT Andara Sarana).                     of 2023 (by PT Andara Sarana).

Yohanes                     1.  Aspek Hukum dan Dokumen Pembukaan Rekening                1.  Legal Aspects and Documents for Opening a Company
Senior Executive Vice           Perusahaan (oleh Bank Victoria);                              Account (by Bank Victoria);
President of Operations &   2. Expert Sharing Outlook Banking Regulation (oleh            2. Expert Sharing Outlook Banking Regulation (by the
International Banking           Lembaga Pengembangan Perbankan Indonesia);                    Indonesian Banking Development Institute);
                            3. Expert Sharing Session - Keuangan Berkelanjutan (oleh      3. Expert Sharing Session - Sustainable Finance (by
                                Otoritas Jasa Keuangan Institute);                            Otoritas Jasa Keuangan Institute);
                            4. Governance, Risk, and Compliance (oleh Bank Victoria);     4. Governance, Risk, and Compliance (by Bank Victoria);
                            5. Meningkatkan Kolaborasi Perbankan dalam Rangka             5. Increasing Banking Collaboration in the Context
                                Pencegahan dan Pemberantasan Tindak Pidana                    of Preventing and Eradicating the Crime of Money
                                Pencucian Uang dalam Penyelengaraan Pemilihan                 Laundering in Organizing General Elections
                                Umum dan Pemilihan Kepala Daerah yang Berintegritas           and Regional Head Elections with Integrity and
                                serta Akuntabel (oleh Forum Komunikasi Direktur               Accountability (by Communication Forum for Director
                                Kepatuhan);                                                   of Banking Compliance);
                            6. Outlook Banking Regulation: Tantangan Industri             6. Outlook Banking Regulation: Banking Industry
                                Perbankan, Arah Regulasi, dan Future Banking                  Challenges, Regulatory Direction, and Future Banking
                                (oleh Lembaga Pengembangan Perbankan Indonesia);              (by the Indonesian Banking Development Institute);
                            7. Refreshment Tindak Pidana Pencucian Uang dan               7. Refreshment of Crimes of Money Laundering and
                                Pendanan Proliferasi Senjata Pemusnah Massal                  Counter-Proliferation Financing of Weapons of Mass
                                berdasarkan Peraturan Otoritas Jasa Keuangan No. 8            Destruction based on Financial Services Authority
                                Tahun 2023 (oleh PT Andara Sarana);                           Regulation No. 8 of 2023 (by PT Andara Sarana);
                            8. Sertifikasi Sistem Pembayaran dan Pengelolaan Uang         8. Payment System Certification and Rupiah Money
                                Rupiah (SPPUR) Transfer Dana Jenjang Eksekutif                Management (SPPUR) Fund Transfer in Executive Level
                                (oleh Lembaga Sertifikasi Profesi Perbankan);                 (by Banking Professional Certification Institute);
                            9. Sharing      Session     Kepala    Operasional  (oleh      9. Sharing Session of the Head of Operations
                                Bank Victoria);                                               (by Bank Victoria);
                            10. Team Building dan Outbond: Together We Growth             10. Team Building and Outbound: Together We Grow
                                (oleh Bank Victoria); dan                                     (by Bank Victoria); and
                            11. Anti Fraud Management for Leaders Batch 2                 11. Anti Fraud Management for Leaders Batch 2
                                (oleh PT Kanatta Daya Indonesia).                             (by PT Kanatta Daya Indonesia).

Mira Christiana             1.   Expert Sharing Outlook Banking Regulation (oleh          1.   Expert Sharing Outlook Banking Regulation
Senior Executive Vice            Lembaga Pengembangan Perbankan Indonesia);                    (by the Indonesian Banking Development Institute);
President of Business       2.   Expert Sharing Session - Keuangan Berkelanjutan (oleh    2.   Expert Sharing Session - Sustainable Finance
                                 Otoritas Jasa Keuangan Institute);                            (by Otoritas Jasa Keuangan Institute);
                            3.   Governance, Risk, & Compliance (oleh Bank Victoria);     3.   Governance, Risk, & Compliance (by Bank Victoria);
                            4.   Outlook Banking Regulation: Tantangan Industri           4.   Outlook Banking Regulation: Banking Industry
                                 Perbankan, Arah Regulasi, dan Future Banking (oleh            Challenges, Regulatory Direction, and Future Banking
                                 Lembaga Pengembangan Perbankan Indonesia);                    (by the Indonesian Banking Development Institute);
                            5.   Philosophy that Flows in My Soul (oleh Bank Victoria);   5.   Philosophy that Flows in My Soul (by Bank Victoria);
                            6.   Urgensi Perpanjangan Kebijakan Restrukturisasi Kredit    6.   Urgency for Extension of Credit Restructuring Policy
                                 (oleh Lembaga Pengembangan Perbankan Indonesia);              (by the Indonesian Banking Development Institute);
                            7.   Anti Fraud Management for Leaders Batch 2                7.   Anti Fraud Management for Leaders Batch 2
                                 (oleh PT Kanatta Daya Indonesia); dan                         (by PT Kanatta Daya Indonesia); and
                            8.   Refreshment Credit SME Segmentation (oleh                8.   Refreshment      of   Credit    SME     Segmentation
                                 Bank Victoria).                                               (by Bank Victoria).




82        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 85
           Nama                                                                      Materi
           Name                                                                      Material

Suryadi                     1. Undangan Sosialisasi Resolution Plan dan Premi               1. Invitation for Dissemination of Resolution Plan and
Senior Executive Vice          Program Restrukturisasi Perbankan (PRP) (oleh                   Banking Restructuring Program (PRP) Premiums
President of Finance,          Lembaga Penjamin Simpanan);                                     (by Indonesia Deposit Insurance Corporation);
Accounting & Management     2. Expert Sharing Session - Keuangan Berkelanjutan (oleh        2. Expert Sharing Session - Sustainable Finance (by Otoritas
Information System             Otoritas Jasa Keuangan Institute); dan                          Jasa Keuangan Institute); and
                            3. Induction Training Program (oleh Bank Victoria).             3. Induction Training Program (by Bank Victoria).

Purwono                     1. Coaching and Sharing Kepala Operasional (oleh Bank           1.  Coaching and Sharing of the Head of Operations
Kepala Divisi                   Victoria);                                                      (by Bank Victoria);
International Banking       2. Expert Sharing Outlook Banking Regulation (oleh              2. Expert Sharing Outlook Banking Regulation (by the
Head of International           Lembaga Pengembangan Perbankan Indonesia);                      Indonesian Banking Development Institute);
Banking Division            3. Expert Sharing Session - Keuangan Berkelanjutan (oleh        3. Expert Sharing Session - Sustainable Finance (by
                                Otoritas Jasa Keuangan Institute);                              Otoritas Jasa Keuangan Institute);
                            4. Governance, Risk, and Compliance (oleh Bank Victoria);       4. Governance, Risk, and Compliance (by Bank Victoria);
                            5. Team Building dan Outbond: Together We Growth (oleh          5. Team Building and Outbound: Together We Grow (by
                                Bank Victoria);                                                 Bank Victoria);
                            6. Outlook Banking Regulation: Tantangan Industri               6. Outlook Banking Regulation: Banking Industry
                                Perbankan, Arah Regulasi, dan Future Banking (oleh              Challenges, Regulatory Direction, and Future Banking
                                Lembaga Pengembangan Perbankan Indonesia);                      (by the Indonesian Banking Development Institute);
                            7. Outlook Industri Jasa Keuangan di Tahun 2023 (oleh           7. Financial Services Industry Outlook in 2023 (by Otoritas
                                Otoritas Jasa Keuangan Institute);                              Jasa Keuangan Institute);
                            8. Philosophy that Flows in My Soul (oleh Bank Victoria);       8. Philosophy that Flows in My Soul (by Bank Victoria);
                            9. Refreshment Pencegahan Tidak Pidana Pencucian                9. Refreshment of Prevention of Crimes of Money
                                Uang, Pencegahan Pendanaan Terorisme dan                        Laundering, Counter-Terrorist Financing, and Counter-
                                Pencegahan Pendanaan Proliferasi Senjata Pemusnah               Proliferation Financing of Weapons of Mass Destruction
                                Massal berdasarkan Peraturan Otoritas Jasa Keuangan             based on Financial Services Authority Regulation No. 8
                                No. 8 Tahun 2023 (oleh PT Andara Sarana);                       of 2023 (by PT Andara Sarana);
                            10. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);   10. Dissemination of Risk Register Policy (by Bank Victoria);
                            11. Embracing the Digital Era: Exploring SWIFT Updates          11. Embracing the Digital Era: Exploring SWIFT Updates
                                2023 (oleh Asosiasi SWIFT Indonesia); dan                       2023 (by Indonesian SWIFT Association); and
                            12. Anti Fraud Management for Leaders Batch 3                   12. Anti Fraud Management for Leaders Batch 3
                                (oleh PT Kanatta Daya Indonesia).                               (by PT Kanatta Daya Indonesia).

Ritayana                    1.  Equity and Bonds Market Outlook: Diskusi dan Update         1.  Equity and Bonds Market Outlook: Discussion and
Kepala Divisi Treasury          terkait Industri Reksa Dana (oleh PT Trimegah Sekuritas         Updates of Mutual Fund Industry (by PT Trimegah
Head of Treasury Division       Indonesia Tbk);                                                 Sekuritas Indonesia Tbk);
                            2. Expert Sharing Outlook Banking Regulation (oleh              2. Expert Sharing Outlook Banking Regulation (by the
                                Lembaga Pengembangan Perbankan Indonesia);                      Indonesian Banking Development Institute);
                            3. Expert Sharing Session - Keuangan Berkelanjutan (oleh        3. Expert Sharing Session - Sustainable Finance (by
                                Otoritas Jasa Keuangan Institute);                              Otoritas Jasa Keuangan Institute);
                            4. Governance, Risk, and Compliance (oleh Bank Victoria);       4. Governance, Risk, and Compliance (by Bank Victoria);
                            5. Kode Etik, Peraturan Perizinan Wakil Perantara               5. Code of Conduct, Licensing Regulations for Securities
                                Pedagang Efek (WPPE), Manajemen Risiko, Teknikal                Broker-Dealer     Representatives      (WPPE),      Risk
                                Analis, Obligasi, dan Sukuk (oleh Perkumpulan Profesi           Management, Technical Analysis, Bonds, and Sukuk (by
                                Pasar Modal Indonesia);                                         the Indonesian Capital Market Professional Association);
                            6. Market Insight (oleh Bank Indonesia);                        6. Market Insight (by Bank Indonesia);
                            7. Team Building dan Outbond: Working Together in               7. Team Building and Outbound: Working Together in
                                Harmony (oleh Bank Victoria);                                   Harmony (by Bank Victoria);
                            8. Outlook Banking Regulation: Tantangan Industri               8. Outlook Banking Regulation: Banking Industry
                                Perbankan, Arah Regulasi, dan Future Banking (oleh              Challenges, Regulatory Direction, and Future Banking
                                Lembaga Pengembangan Perbankan Indonesia);                      (by the Indonesian Banking Development Institute);
                            9. Philosophy that Flows in My Soul (oleh Bank Victoria);       9. Philosophy that Flows in My Soul (by Bank Victoria);
                            10. Program Pendidikan Lanjutan Wakil Perantara                 10. Advanced Education Program of Securities Broker
                                Pedagang Efek (WPPE) (oleh Perkumpulan Profesi                  Representative (WPPE) (by the Indonesian Capital
                                Pasar Modal Indonesia);                                         Market Professional Association);
                            11. Refreshment Tindak Pidana Pencucian Uang dan                11. Refreshment of Crimes of Money Laundering and
                                Pendanaan Proliferasi Senjata Pemusnah Massal                   Counter-Proliferation Financing of Weapons of Mass
                                berdasarkan Peraturan Otoritas Jasa Keuangan No. 8              Destruction based on Financial Services Authority
                                Tahun 2023 (oleh PT Andara Sarana);                             Regulation No. 8 of 2023 (by PT Andara Sarana);
                            12. Tren Perbankan di Tahun 2023 (oleh Otoritas Jasa            12. Trends in Banking in 2023 (by Otoritas Jasa Keuangan
                                Keuangan Institute); dan                                        Institute); and
                            13. Anti Fraud Management for Leaders Batch 2                   13. Anti Fraud Management for Leaders Batch 2
                                (oleh PT Kanatta Daya Indonesia).                               (by PT Kanatta Daya Indonesia).




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                 83
Page 86
     Profil Perusahaan
     Company Profile




         Nama                                                                      Materi
          Name                                                                     Material

Theresia Maria Dhewajani     1. Aspek Hukum dan Dokumen Pembukaan Rekening                1.  Legal Aspects and Documents for Opening a Company
Kepala Divisi Operations &       Perusahaan (oleh Internal Bank);                             Account (by Internal Bank);
Internal Control             2. Coaching & Sharing Kepala Operasional (oleh               2. Coaching & Sharing of the Head of Operations (by Bank
Head of Operations &             Bank Victoria);                                              Victoria);
Internal Control Division    3. Digital Culture Transformation (oleh Ruang Damai          3. Digital Culture Transformation (by Ruang Damai
                                 Hening);                                                     Hening);
                             4. Expert Sharing Outlook Banking Regulation (oleh           4. Expert Sharing Outlook Banking Regulation (by the
                                 Lembaga Pengembangan Perbankan Indonesia);                   Indonesian Banking Development Institute);
                             5. Expert Sharing Session – Keuangan Berkelanjutan (oleh     5. Expert Sharing Session – Finance (by Otoritas Jasa
                                 Otoritas Jasa Keuangan Institute);                           Keuangan Institute);
                             6. Governance, Risk, dan Compliance (oleh Bank Victoria);    6. Governance, Risk, and Compliance (by Bank Victoria);
                             7. Meningkatkan Kolaborasi Perbankan dalam rangka            7. Increasing Banking Collaboration in the context
                                 Pencegahan dan Pemberantasan Tindak Pidana                   of Preventing and Eradicating the Crime of Money
                                 Pencucian Uang dalam Penyelengaraan Pemilihan                Laundering in Organizing General Elections
                                 Umum dan Pemilihan Kepala Daerah yang Berintegritas          and Regional Head Elections with Integrity and
                                 serta Akuntabel (oleh Forum Komunikasi Direktur              Accountability (by Communication Forum for Director
                                 Kepatuhan);                                                  of Banking Compliance);
                             8. Team Building dan Outbond: Together We Growth (oleh       8. Team Building and Outbound: Together We Grow (by
                                 Bank Victoria);                                              Bank Victoria);
                             9. Outlook Banking Regulation: Tantangan Industri            9. Outlook Banking Regulation: Banking Industry
                                 Perbankan, Arah Regulasi, dan Future Banking (oleh           Challenges, Regulatory Direction, and Future Banking
                                 Lembaga Pengembangan Perbankan Indonesia);                   (by the Indonesian Banking Development Institute);
                             10. Philosophy that Flows in My Soul (oleh Bank Victoria);   10. Philosophy that Flows in My Soul (by Bank Victoria);
                             11. Sertifikasi Sistem Pembayaran dan Pengelolaan Uang       11. Payment System Certification and Rupiah Money
                                 Rupiah (SPPUR) Transfer Dana Jenjang Eksekutif               Management (SPPUR) Fund Transfer in Executive Level
                                 (oleh Lembaga Sertifikasi Profesi Perbankan);                (by Banking Professional Certification Institute);
                             12. Sharing Session Kepala Operasional (oleh Bank            12. Sharing Session of the Head of Operations
                                 Victoria);                                                   (by Bank Victoria);
                             13. ISO 27001 - Sistem Manajemen Keamanan Informasi          13. ISO 27001 - Information Security Management Systems
                                 (oleh Veda Praxis);                                          (by Veda Praxis);
                             14. Anti Fraud Management for Leaders Batch 3                14. Anti Fraud Management for Leaders Batch 3
                                 (oleh PT Kanatta Daya Indonesia); dan                        (by PT Kanatta Daya Indonesia); and
                             15. Refreshment Pencegahan Tidak Pidana Pencucian            15. Refreshment of Prevention of Crimes of Money
                                 Uang, Pencegahan Pendanaan Terorisme dan                     Laundering, Counter-Terrorist Financing, and Counter-
                                 Pencegahan Pendanaan Proliferasi Senjata Pemusnah            Proliferation Financing of Weapons of Mass Destruction
                                 Massal Berdasarkan Peraturan Otoritas Jasa Keuangan          based on Financial Services Authority Regulation
                                 No. 8 Tahun 2023 (oleh PT Andara Sarana).                    No. 8 of 2023 (by PT Andara Sarana).

Yosef Sudikbyo               1. Aspek Hukum dan Dokumen Pembukaan Rekening                1.  Legal Aspects and Documents for Opening a Company
Kepala Divisi                   Perusahaan (oleh Bank Victoria);                              Account (by Bank Victoria);
Corporate Legal              2. Expert Sharing Outlook Banking Regulation (oleh           2. Expert Sharing Outlook Banking Regulation (by the
Head of Corporate               Lembaga Pengembangan Perbankan Indonesia);                    Indonesian Banking Development Institute);
Legal Division               3. Expert Sharing Session – Keuangan Berkelanjutan (oleh     3. Expert Sharing Session – Finance (by Otoritas Jasa
                                Otoritas Jasa Keuangan Institute);                            Keuangan Institute);
                             4. Governance, Risk, and Compliance (oleh Bank Victoria);    4. Governance, Risk, and Compliance (by Bank Victoria);
                             5. Kupas Tuntas Peraturan Menteri Agraria No. 3 Tahun        5. Complete Explanation of Minister of Agrarian
                                2023 tentang Penerbitan Dokumen Elektronik untuk              Regulation No. 3 of 2023 on Issuance of Electronic
                                Proses Pendaftaran Tanah (oleh Pengurus Wilayah Jawa          Documents for the Land Registration Process (by the
                                Barat Ikatan Pejabat Pembuat Akta Tanah);                     West Java Regional Management of the Association of
                                                                                              Land Deed Officials);
                             6. Team Building dan Outbond: Working Together in            6. Team Building and Outbound: Working Together in
                                 Harmony (oleh Bank Victoria);                                Harmony (by Bank Victoria);
                             7. Outlook Banking Regulation: Tantangan Industri            7. Outlook Banking Regulation: Banking Industry
                                 Perbankan, Arah Regulasi, dan Future Banking (oleh           Challenges, Regulatory Direction, and Future Banking
                                 Lembaga Pengembangan Perbankan Indonesia);                   (by the Indonesian Banking Development Institute);
                             8. Philosophy that Flows in My Soul (oleh Bank Victoria);    8. Philosophy that Flows in My Soul (by Bank Victoria);
                             9. Anti Fraud Management for Leaders Batch 2 (oleh           9. Anti Fraud Management for Leaders Batch 2
                                 PT Kanatta Daya Indonesia); dan                              (by PT Kanatta Daya Indonesia); and
                             10. Refreshment Pencegahan Tidak Pidana Pencucian            10. Refreshment of Prevention of Crimes of Money
                                 Uang, Pencegahan Pendanaan Terorisme dan                     Laundering, Counter-Terrorist Financing, and Counter-
                                 Pencegahan Pendanaan Proliferasi Senjata Pemusnah            Proliferation Financing of Weapons of Mass Destruction
                                 Massal berdasarkan Peraturan Otoritas Jasa Keuangan          based on Financial Services Authority Regulation
                                 No. 8 Tahun 2023 (oleh PT Andara Sarana).                    No. 8 of 2023 (by PT Andara Sarana).




84       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 87
         Nama                                                                        Materi
          Name                                                                       Material

Novita Indriyani             1.   Bedah Kasus Putusan Kasasi Mahkamah Agung                 1.   Case Review of the Supreme Court’s Cassation
Kepala Divisi Credit Legal        terhadap Notaris Hartono atas Gugatan Pemalsuan                Decision against Notary Hartono regarding the
Head of Credit Legal              Akta Jual Beli Saham (oleh Pengurus Pusat Ikatan               Lawsuit for Forgery of Share Sale and Purchase Deeds
Division                          Notaris Indonesia);                                            (by the Central Management of Indonesian Notary
                                                                                                 Association);
                             2.   Expert Sharing Outlook Banking Regulation (oleh           2.   Expert Sharing Outlook Banking Regulation (by the
                                  Lembaga Pengembangan Perbankan Indonesia);                     Indonesian Banking Development Institute);
                             3.   Expert Sharing Session - Keuangan Berkelanjutan (oleh     3.   Expert Sharing Session - Sustainable Finance
                                  Otoritas Jasa Keuangan Institute);                             (by Otoritas Jasa Keuangan Institute);
                             4.   Governance, Risk, and Compliance (oleh Bank Victoria);    4.   Governance, Risk, and Compliance (by Bank Victoria);
                             5.   Kupas Tuntas Peraturan Menteri Agraria No. 3 Tahun        5.   Complete Explanation of Minister of Agrarian
                                  2023 tentang Penerbitan Dokumen Elektronik untuk               Regulation No. 3 of 2023 on Issuance of Electronic
                                  Proses Pendaftaran Tanah (oleh Pengurus Wilayah                Documents for the Land Registration Process (by the
                                  Jawa Barat Ikatan Pejabat Pembuat Akta Tanah);                 West Java Regional Management of the Association of
                                                                                                 Land Deed Officials);
                             6.   Team Building dan Outbond: SQEW (oleh Bank Victoria);     6.   Team Building and Outbound: SQEW (by Bank Victoria);
                             7.   Outlook Banking Regulation: Tantangan Industri            7.   Outlook Banking Regulation: Banking Industry
                                  Perbankan, Arah Regulasi, dan Future Banking (oleh             Challenges, Regulatory Direction, and Future Banking
                                  Lembaga Pengembangan Perbankan Indonesia);                     (by the Indonesian Banking Development Institute);
                             8.   Philosophy that Flows in My Soul (oleh Bank Victoria);    8.   Philosophy that Flows in My Soul (by Bank Victoria);
                                  dan                                                            and
                             9.   Anti Fraud Management for Leaders Batch 3                 9.   Anti Fraud Management for Leaders Batch 3
                                  (oleh PT Kanatta Daya Indonesia).                              (by PT Kanatta Daya Indonesia).

Teguh Trisno Pambudi         1.  Expert Sharing Outlook Banking Regulation (oleh            1.  Expert Sharing Outlook Banking Regulation (by the
Kepala Divisi Credit Risk        Lembaga Pengembangan Perbankan Indonesia);                     Indonesian Banking Development Institute);
Review                       2. Expert Sharing Session – Keuangan Berkelanjutan             2. Expert Sharing Session – Finance (by Otoritas Jasa
Head of Credit Risk Review       (oleh Otoritas Jasa Keuangan Institute);                       Keuangan Institute);
Division                     3. Governance, Risk, and Compliance (oleh Bank Victoria);      3. Governance, Risk, and Compliance (by Bank Victoria);
                             4. Team Building dan Outbond: Together We Growth (oleh         4. Team Building and Outbound: Together We Grow (by
                                 Bank Victoria);                                                Bank Victoria);
                             5. Outlook Banking Regulation: Tantangan Industri              5. Outlook Banking Regulation: Banking Industry
                                 Perbankan, Arah Regulasi, dan Future Banking (oleh             Challenges, Regulatory Direction, and Future Banking
                                 Lembaga Pengembangan Perbankan Indonesia);                     (by the Indonesian Banking Development Institute);
                             6. Philosophy that Flows in My Soul (oleh Bank Victoria);      6. Philosophy that Flows in My Soul (by Bank Victoria);
                             7. Refreshment Pencegahan Tidak Pidana Pencucian               7. Refreshment of Prevention of Crimes of Money
                                 Uang, Pencegahan Pendanaan Terorisme dan                       Laundering, Counter-Terrorist Financing, and Counter-
                                 Pencegahan Pendanaan Proliferasi Senjata Pemusnah              Proliferation Financing of Weapons of Mass Destruction
                                 Massal berdasarkan Peraturan Otoritas Jasa Keuangan            based on Financial Services Authority Regulation No. 8
                                 No. 8 Tahun 2023 (oleh PT Andara Sarana);                      of 2023 (by PT Andara Sarana);
                             8. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);   8. Dissemination of Risk Register Policy (by Bank Victoria);
                             9. Urgensi Perpanjangan Kebijakan Restrukturisasi Kredit       9. Urgency for Extension of Credit Restructuring Policy
                                 (oleh Lembaga Pengembangan Perbankan Indonesia);               (by the Indonesian Banking Development Institute);
                             10. Anti Fraud Management for Leaders Batch 3 (oleh            10. Anti Fraud Management for Leaders Batch 3
                                 PT Kanatta Daya Indonesia);                                    (by PT Kanatta Daya Indonesia);
                             11. Sharing Session Loan Admin (oleh Bank Victoria); dan       11. Sharing Session of Loan Admin (by Bank Victoria); and
                             12. Refreshment Credit SME Segmentation (oleh                  12. Refreshment of Credit SME Segmentation (by
                                 Bank Victoria).                                                Bank Victoria).

David Fisher Kusnadi         1.   Expert Sharing Outlook Banking Regulation (oleh           1.   Expert Sharing Outlook Banking Regulation (by the
Kepala Divisi SME &               Lembaga Pengembangan Perbankan Indonesia);                     Indonesian Banking Development Institute);
Consumer Banking             2.   Expert Sharing Session - Keuangan Berkelanjutan (oleh     2.   Expert Sharing Session - Sustainable Finance
Head of SME & Consumer            Otoritas Jasa Keuangan Institute);                             (by Otoritas Jasa Keuangan Institute);
Banking Division             3.   Governance, Risk, and Compliance (oleh Bank Victoria);    3.   Governance, Risk, and Compliance (by Bank Victoria);
                             4.   Outlook Banking Regulation: Tantangan Industri            4.   Outlook Banking Regulation: Banking Industry
                                  Perbankan, Arah Regulasi, dan Future Banking (oleh             Challenges, Regulatory Direction, and Future Banking
                                  Lembaga Pengembangan Perbankan Indonesia);                     (by the Indonesian Banking Development Institute);
                             5.   Philosophy that Flows in My Soul (oleh Bank Victoria);    5.   Philosophy that Flows in My Soul (by Bank Victoria);
                             6.   Refreshment Tindak Pidana Pencucian Uang dan              6.   Refreshment of Crimes of Money Laundering and
                                  Pendanan Proliferasi Senjata Pemusnah Massal                   Counter-Proliferation Financing of Weapons of Mass
                                  berdasarkan Peraturan Otoritas Jasa Keuangan No. 8             Destruction based on Financial Services Authority
                                  Tahun 2023 (oleh PT Andara Sarana);                            Regulation No. 8 of 2023 (by PT Andara Sarana);
                             7.   Urgensi Perpanjangan Kebijakan Restrukturisasi Kredit     7.   Urgency for Extension of Credit Restructuring Policy
                                  (oleh Lembaga Pengembangan Perbankan Indonesia);               (by the Indonesian Banking Development Institute);
                             8.   Anti Fraud Management for Leaders Batch 2 (oleh           8.   Anti Fraud Management for Leaders Batch 2
                                  PT Kanatta Daya Indonesia); dan                                (by PT Kanatta Daya Indonesia); and
                             9.   Refreshment Credit SME Segmentation (oleh                 9.   Refreshment      of   Credit    SME     Segmentation
                                  Bank Victoria).                                                (by Bank Victoria).




                                                           2023 Annual and Sustainability Report | PT Bank Victoria International Tbk               85
Page 88
     Profil Perusahaan
     Company Profile




         Nama                                                                          Materi
         Name                                                                          Material

Lanny Triwardhani            1.   Induction Program (oleh Bank Victoria);                     1.   Induction Program (by Bank Victoria);
Kepala Divisi Branch         2.   Philosophy that Flows in My Soul (oleh Bank Victoria);      2.   Philosophy that Flows in My Soul (by Bank Victoria);
Banking Network &            3.   Bank Victoria Mendukung Penuh Pemerintah dalam              3.   Bank Victoria Fully Supports the Government in the
Digital Sales                     Mencegah Anti Pencucian Uang dan Pendanaan                       Prevention of Anti Money-Laundering and Counter-
Head of Branch Banking            Terorisme (APU dan PPT) (oleh PT Andara Sarana);                 Terrorist Financing (AML and CFT) (by PT Andara Sarana);
Network & Digital Sales      4.   Expert Sharing Outlook Banking Regulation (oleh             4.   Expert Sharing Outlook Banking Regulation (by the
Division                          Lembaga Pengembangan Perbankan Indonesia);                       Indonesian Banking Development Institute);
                             5.   Anti Fraud Management for Leaders Batch 2 (oleh             5.   Anti Fraud Management for Leaders Batch 2
                                  PT Kanatta Daya Indonesia);                                      (by PT Kanatta Daya Indonesia);
                             6.   Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);   6.   Dissemination of Risk Register Policy (by Bank Victoria);
                                  dan                                                              and
                             7.   Expert Sharing Session - Keuangan Berkelanjutan (oleh       7.   Expert Sharing Session – Sustainable Finance
                                  Otoritas Jasa Keuangan Institute).                               (by Otoritas Jasa Keuangan Institute).

Andri Ramunanda              1.   Outlook Banking Regulation: Tantangan Industri              1.   Outlook Banking Regulation: Banking Industry
Kepala Divisi Loan & Trade        Perbankan, Arah Regulasi, dan Future Banking                     Challenges, Regulatory Direction, and Future Banking
Operations                        (oleh Lembaga Pengembangan Perbankan Indonesia);                 (by the Indonesian Banking Development Institute);
Head of Loan & Trade         2.   Bank Victoria Mendukung Penuh Pemerintah dalam              2.   Bank Victoria Fully Supports the Government in
Operations Division               Mencegah Anti Pencucian Uang dan Pendanaan                       the Prevention of Anti Money-Laundering and
                                  Terorisme (APU dan PPT) (oleh PT Andara Sarana);                 Counter-Terrorist Financing (AML and CFT)
                                                                                                   (by PT Andara Sarana);
                             3.   Expert Sharing Outlook Banking Regulation (oleh             3.   Expert Sharing Outlook Banking Regulation (by the
                                  Lembaga Pengembangan Perbankan Indonesia);                       Indonesian Banking Development Institute);
                             4.   Anti Fraud Management for Leaders Batch 3                   4.   Anti Fraud Management for Leaders Batch 3
                                  (oleh PT Kanatta Daya Indonesia);                                (by PT Kanatta Daya Indonesia);
                             5.   Sharing Session Loan Admin (oleh Bank Victoria);            5.   Sharing Session of Loan Admin (by Bank Victoria);
                             6.   Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);   6.   Dissemination of Risk Register Policy (by Bank Victoria);
                             7.   Expert Sharing Session - Keuangan Berkelanjutan (oleh       7.   Expert Sharing Session - Sustainable Finance
                                  Otoritas Jasa Keuangan Institute); dan                           (by Otoritas Jasa Keuangan Institute); and
                             8.   Induction Training Program (oleh Bank Victoria).            8.   Induction Training Program (by Bank Victoria).

Sonny Andryano               1.   Outlook Banking Regulation: Tantangan Industri              1.   Outlook Banking Regulation: Banking Industry
Kepala Divisi Special             Perbankan, Arah Regulasi, dan Future Banking (oleh               Challenges, Regulatory Direction, and Future Banking
Assets Management                 Lembaga Pengembangan Perbankan Indonesia);                       (by the Indonesian Banking Development Institute);
Head of Special Assets       2.   Bank Victoria Mendukung Penuh Pemerintah dalam              2.   Bank Victoria Fully Supports the Government in the
Management Division               Mencegah Anti Pencucian Uang dan Pendanaan                       Prevention of Anti Money-Laundering and Counter-
                                  Terorisme (APU dan PPT) (oleh PT Andara Sarana);                 Terrorist Financing (AML and CFT) (by PT Andara
                                                                                                   Sarana);
                             3.   Expert Sharing Outlook Banking Regulation (oleh             3.   Expert Sharing Outlook Banking Regulation
                                  Lembaga Pengembangan Perbankan Indonesia);                       (by the Indonesian Banking Development Institute);
                             4.   Anti Fraud Management for Leaders Batch 3 (oleh             4.   Anti Fraud Management for Leaders Batch 3
                                  PT Kanatta Daya Indonesia);                                      (by PT Kanatta Daya Indonesia);
                             5.   Expert Sharing Session - Keuangan Berkelanjutan (oleh       5.   Expert Sharing Session - Sustainable Finance
                                  Otoritas Jasa Keuangan Institute); dan                           (by Otoritas Jasa Keuangan Institute); and
                             6.   Induction Training Program (oleh Bank Victoria).            6.   Induction Training Program (by Bank Victoria).

Bambang F. Triatmojo         1.  Urgensi Perpanjangan Kebijakan Restrukturisasi Kredit        1.  Urgency for Extension of Credit Restructuring Policy
Wakil Kepala Departemen          (oleh Lembaga Pengembangan Perbankan Indonesia);                 (by the Indonesian Banking Development Institute);
Credit Monitoring &          2. Philosophy that Flows in My Soul (oleh Bank Victoria);        2. Philosophy that Flows in My Soul (by Bank Victoria);
Collection                   3. Governance, Risk, and Compliance (oleh Bank Victoria);        3. Governance, Risk, and Compliance (by Bank Victoria);
Vice Head of Credit          4. Liquidity Coverage Ratio (LCR) dan Net Stable Funding         4. Liquidity Coverage Ratio (LCR) and Net Stable Funding
Monitoring & Collection          Ration (NSFR), Peraturan Otoritas Jasa Keuangan                  Ration (NSFR), Financial Services Authority Regulation
Department                       No. 42/POJK.03/2015 dan Peraturan Otoritas                       No. 42/POJK.03/2015 and Financial Services Authority
                                 Jasa Keuangan No. 50/POJK.03/2017 (oleh Risiko                   Regulation No. 50/POJK.03/2017 (by Risk Management
                                 Manajemen Gagasan);                                              Guard);
                             5. Outlook Banking Regulation: Tantangan Industri                5. Outlook Banking Regulation: Banking Industry
                                 Perbankan, Arah Regulasi, dan Future Banking (oleh               Challenges, Regulatory Direction, and Future Banking
                                 Lembaga Pengembangan Perbankan Indonesia);                       (by the Indonesian Banking Development Institute);
                             6. Expert Sharing Outlook Banking Regulation (oleh               6. Expert Sharing Outlook Banking Regulation (by the
                                 Lembaga Pengembangan Perbankan Indonesia);                       Indonesian Banking Development Institute);
                             7. Anti Fraud Management for Leaders Batch 3                     7. Anti Fraud Management for Leaders Batch 3
                                 (oleh PT Kanatta Daya Indonesia);                                (by PT Kanatta Daya Indonesia);
                             8. Refreshment Pencegahan Tidak Pidana Pencucian                 8. Refreshment of Prevention of Crimes of Money
                                 Uang, Pencegahan Pendanaan Terorisme dan                         Laundering, Counter-Terrorist Financing, and Counter-
                                 Pencegahan Pendanaan Proliferasi Senjata Pemusnah                Proliferation Financing of Weapons of Mass Destruction
                                 Massal berdasarkan Peraturan Otoritas Jasa Keuangan              based on Financial Services Authority Regulation No. 8
                                 No. 8 Tahun 2023 (oleh PT Andara Sarana);                        of 2023 (by PT Andara Sarana);
                             9. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);     9. Dissemination of Risk Register Policy (by Bank Victoria);
                                 dan                                                              and
                             10. Expert Sharing Session - Keuangan Berkelanjutan (oleh        10. Expert Sharing Session – Sustainable Finance (by
                                 Otoritas Jasa Keuangan Institute).                               Otoritas Jasa Keuangan Institute).




86       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 89
         Nama                                                                                Materi
          Name                                                                              Material

Chairul Bahri                1.     Governance, Risk, and Compliance (oleh Bank Victoria);         1.   Governance, Risk, and Compliance (by Bank Victoria);
Kepala Departemen Anti       2.     Meningkatkan Kolaborasi Perbankan dalam Rangka                 2.   Increasing Banking Collaboration in the Context
Money Laundering (AML),             Pencegahan dan Pemberantasan Tindak Pidana                          of Preventing and Eradicating the Crime of Money
Counter Terorist Financing          Pencucian Uang dalam Penyelengaraan Pemilihan                       Laundering in Organizing General Elections
(CTF) & Weapon Mass                 Umum dan Pemilihan Kepala Daerah yang Berintegritas                 and Regional Head Elections with Integrity and
Destruction (WMD)                   serta Akuntabel (oleh Forum Komunikasi Direktur                     Accountability (by Communication Forum for Director
                                    Kepatuhan);                                                         of Banking Compliance);
Head of Anti Money-          3.     Team Building dan Outbond: Change the Future                   3.   Team Building and Outbound: Change the Future (by
Laundering (AML),                   (oleh Bank Victoria);                                               Bank Victoria);
Counter-Terrorist            4.     Philosophy that Flows in My Soul (oleh Bank Victoria);         4.   Philosophy that Flows in My Soul (by Bank Victoria);
Financing (CFT) & Weapon     5.     Refreshment Pencegahan Tidak Pidana Pencucian                  5.   Refreshment of Prevention of Crimes of Money
Mass Destruction (WMD)              Uang, Pencegahan Pendanaan Terorisme dan                            Laundering, Counter-Terrorist Financing, and Counter-
                                    Pencegahan Pendanaan Proliferasi Senjata Pemusnah                   Proliferation Financing of Weapons of Mass Destruction
                                    Massal berdasarkan Peraturan Otoritas Jasa Keuangan                 based on Financial Services Authority Regulation
                                    No. 8 Tahun 2023 (oleh PT Andara Sarana);                           No. 8 of 2023 (by PT Andara Sarana);
                             6.     Anti Fraud Management for Leaders Batch 3                      6.   Anti Fraud Management for Leaders Batch 3
                                    (oleh PT Kanatta Daya Indonesia); dan                               (by PT Kanatta Daya Indonesia); and
                             7.     Penyusunan Individual Risk Assessment (IRA) sesuai             7.   Preparation of Individual Risk Assessment (IRA)
                                    Peraturan Otoritas Jasa Keuangan No. 8 Tahun 2023                   in accordance with Financial Services Authority
                                    terkait Anti Pencucian Uang dan Pendanaan Terorisme                 Regulation No. 8 of 2023 on Anti-Money Laundering
                                    (APU dan PPT) (oleh Equivalent Training Center).                    and Counter-Terrorist Financing (AML and CFT)
                                                                                                        (by Equivalent Training Center).




Profil Kepala Kantor Cabang Utama
Profile of Main Branch Office Head

                                                                  I Gusti Putu Sindara Sas-                   Theresia Sri Pakarti
                         Jane Alexandra Herman
                              Kepala KCU BIP
                                                                           trawan                            Kepala KCU Bandung
                                                                        Kepala KCU Bali                   Head of Bandung Main Branch
                       Head of BIP Main Branch Office
                                                                 Head of Bali Main Branch Office                     Office




                                                                              Amelia                          Dedy Kurnia Santosa
                             Rosita B. Rajaisun                                                              Kepala KCU Fatmawati
                                                                     Kepala KCU Cideng
                             Kepala KCU Bogor                                                             Head of Fatmawati Main Branch
                                                                  Head of Cideng Main Branch
                      Head of Bogor Main Branch Office                                                                Office
                                                                             Office




                             Armand Kusuma                               Tony Utomo                      Daisy Merry Natalia Frederik
                         Kepala KCU Kelapa Gading                   Kepala KCU Makassar                       Kepala KCU Manado
                         Head of Kelapa Gading Main              Head of Makassar Main Branch              Head of Manado Main Branch
                               Branch Office                                Office                                   Office




                                                                     Tjoe Dedy Himawan                          Franky Lazuardi
                                  Wiwi Candra
                                                                    Kepala KCU Semarang                       Kepala KCU Senayan
                             Kepala KCU Medan
                                                                 Head of Semarang Main Branch              Head of Senayan Main Branch
                      Head of Medan Main Branch Office
                                                                            Office                                    Office




                                                                                             Erli Nornawati
                                                  Febyra Asia Rini
                                                                                          Kepala KCU Surabaya
                                                   Kepala KCU Solo
                                                                                       Head of Surabaya Main Branch
                                            Head of Solo Main Branch Office
                                                                                                  Office




                                                               2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                  87
Page 90
        Profil Perusahaan
        Company Profile




Komposisi Pemegang Saham
Shareholders Composition



                                                     31 Desember 2023                                         1 Januari 2023
                                                     31 December 2023                                         1 January 2023
                                     Total Saham                                             Total Saham
             Uraian                                   Kepemilikan                                             Kepemilikan
                                       (Lembar                                                 (Lembar
           Desciption                                   Saham                                                   Saham
                                        Saham)                                Total             Saham)                             Total
                                                         Share                                                   Share
                                     Total Shares                             (Rp)           Total Shares                          (Rp)
                                                       Ownership                                               Ownership
                                     (Number of                                              (Number of
                                                          (%)                                                     (%)
                                        Shares)                                                 Shares)
Saham dengan Sertifikat Kolektif / Shares with Collective Certificates

Pemegang Saham Pendiri
                                                 -                -                      -               -           -                        -
Founders Shares

Masyarakat
Public

  Pemodal Nasional
  National Investor

        5% atau lebih
        5% or more                               -                -                      -               -           -                        -

        Lainnya
        Others                           1,165,500          0.01              116,550,000        1,165,500        0.01             116,550,000

  Pemodal Asing
  Foreign Investors

        5% atau lebih
        5% or more                               -                -                      -               -           -                        -

        Lainnya
        Others                             24,500           0.00                2,450,000           24,500        0.00               2,450,000

Sub Total                                1,190,000          0.01              119,000,000        1,190,000        0.01            119,000,000
Saham dengan Penitipan Kolektif PT Kustodian Sentral Efek Indonesia / Shares in Collective Custody with PT Kustodian Sentral Efek Indonesia

Pemegang Saham Pendiri
Founders Shares

  PT Nata Patindo                      48,823,665          0.31             4,882,366,500        48,823,665       0.31            4,882,366,500

Masyarakat
Public

  Pemodal Nasional
  National Investor

        5% atau lebih
        5% or more

        Suzanna Tanojo               3,066,411,303        19.35           306,641,130,300     3,066,411,303      19.35          306,641,130,300

        PT Victoria Investama Tbk    7,010,537,747        44.24           701,053,774,700     6,880,162,747      43.41          688,016,274,700

        Lainnya
                                     3,464,036,873        21.86           346,403,687,300     3,358,963,409      21.19          335,896,340,900
        Others

  Pemodal Asing
  Foreign Investors

        5% atau lebih
        5% or more

        Chemical Asia
                                                 -            -                          -      871,275,600       5.50           87,127,560,000
        Corporation Pte Ltd

        Lainnya
                                     2,257,236,190        14.24           225,723,619,000     1,621,407,990      10.23          162,140,799,000
        Others

Sub Total                           15,847,045,778        99.99          1,584,704,577,800   15,847,044,714      99.99       1,584,704,471,400

Total                               15,848,235,778       100.00          1,584,823,577,800   15,848,234,714     100.00       1,584,823,471,400




88          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 91
Komposisi Pemegang Saham yang Memiliki 5%
atau Lebih Saham
Composition of Shareholders with 5% or More Shares

                                                                        31 Desember 2023                                        1 Januari 2023
                                                                        31 December 2023                                        1 January 2023
                      Uraian                                  Total Saham                  Kepemilikan                 Total Saham          Kepemilikan
                    Desciption                              (Lembar Saham)                   Saham                   (Lembar Saham)           Saham
                                                              Total Shares               Share Ownership               Total Shares       Share Ownership
                                                           (Number of Shares)                  (%)                  (Number of Shares)          (%)

 PT Victoria Investama Tbk                                      7,010,537,747                    44.24                   6,880,162,747           43.41

 Suzanna Tanojo                                                 3,066,411,303                    19.35                   3,066,411,303           19.35

 Chemical Asia Corporation Pte Ltd                                             -*                    -*                    871,275,600            5.50

 Total                                                         10,076,949,050                    63.58                  10,817,849,650           68.26

* Per 31 Desember 2023, kepemilikan saham kurang dari 5%. / As of 31 December 2023, share ownership was less than 5%.




Kepemilikan Saham Langsung dan Tidak
Langsung atas Saham Bank Victoria oleh Anggota
Dewan Komisaris dan Direksi
Direct and Indirect Share Ownership of Bank Victoria’s Shares by Members
of Board of Commissioners and Board of Directors

Pada awal dan akhir tahun 2023, seluruh anggota Dewan                                    At the beginning and end of 2023, all serving members of the
Komisaris dan Direksi yang menjabat tidak memiliki saham baik                            Board of Commissioners and Board of Directors did not own any
secara langsung ataupun tidak langsung di Bank Victoria.                                 shares, either directly or indirectly, in Bank Victoria.




                                                                    2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           89
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        Profil Perusahaan
        Company Profile




Komposisi Pemegang Saham Masyarakat dengan
Kepemilikan Saham Masing-Masing Kurang dari 5%
Composition of Public Shareholders with Share Ownership of Less
than 5% Each

                                             31 Desember 2023                    1 Januari 2023
                                             31 December 2023                    1 January 2023

                                                                          Total Saham
                                      Total Saham         Kepemilikan                      Kepemilikan
               Uraian                                                       (Lembar                                   Desciption
                                    (Lembar Saham)          Saham                            Saham
                                                                             Saham)
                                      Total Shares           Share                            Share
                                                                          Total Shares
                                      (Number of           Ownership                        Ownership
                                                                          (Number of
                                        Shares)               (%)                              (%)
                                                                             Shares)
Pemodal Nasional / National Investors

Perorangan                             1,300,561,817         8.21          1,308,699,563          8.26                             Individuals

Perseroan Terbatas                     1,611,822,654        10.17          1,208,111,454          7.62            Limited Liability Companies

Asuransi                                 281,340,000         1.78           281,340,000           1.78                              Insurance

Reksa Dana                                    15,000         0.00                15,000           0.00                         Mutual Funds

Broker                                   320,286,567         2.02           610,786,557           3.85                                 Broker

Pemodal Asing / Foreign Investors

Perorangan                               245,660,115         1.55           242,444,415           1.53                             Individuals

Institusi Asing                        2,011,600,575        12.69          1,378,988,075          8.70                   Foreign Institutions

Total                                  5,771,286,728        36.42         5,030,385,064        31.74                                    Total




Komposisi Pemegang Saham Berdasarkan Status
Kepemilikan
Shareholders Composition by Ownership Status

                                        31 Desember 2023                              1 Januari 2023
                                        31 December 2023                              1 January 2023
                             Total Saham                                  Total Saham
          Uraian                              Kepemilikan                                  Kepemilikan
                               (Lembar                                      (Lembar                                        Desciption
                                                Saham           Total                        Saham
                                Saham)                                       Saham)                        Total
                                                 Share        Investor                        Share
                             Total Shares                                 Total Shares                   Investor
                                               Ownership                                    Ownership
                             (Number of                                   (Number of
                                                  (%)                                          (%)
                                Shares)                                      Shares)
Scriptless

Pemodal Nasional                                                                                                           National Investors

  Perorangan                 4,365,911,120        27.55        7,862       4,374,048,866      27.60       9,268                    Individuals

                                                                                                                          Limited Liability
  Perseroan Terbatas         8,622,359,901        54.41             30     8,088,273,701      51.04         31
                                                                                                                               Companies

   Broker                     320,286,567          2.02              7       610,786,557       3.85          6                      Broker

   Asuransi                   281,252,000          1.77              3       281,252,000       1.77          3                  Insurance




90           PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 93
                                        31 Desember 2023                                          1 Januari 2023
                                        31 December 2023                                          1 January 2023
                            Total Saham                                          Total Saham
          Uraian                                  Kepemilikan                                          Kepemilikan
                              (Lembar                                              (Lembar                                              Desciption
                                                    Saham            Total                               Saham
                               Saham)                                               Saham)                                Total
                                                     Share         Investor                               Share
                            Total Shares                                         Total Shares                           Investor
                                                   Ownership                                            Ownership
                            (Number of                                           (Number of
                                                      (%)                                                  (%)
                               Shares)                                              Shares)
 Pemodal Asing                                                                                                                           Foreign Investors

   Perorangan                    245,635,615           1.55             10          242,419,915              1.53           11                Individual

   Institusi Asing           2,011,600,575           12.69              21        2,250,263,675             14.20           20      Foreign Institutions

 Script

 Pemodal Nasional                                                                                                                       National Investors

   Perorangan                      1,062,000           0.01            132               1,062,000           0.01          132               Individuals

                                                                                                                                       Limited Liability
   Perseroan Terbatas                   500            0.00              1                    500            0.00            1
                                                                                                                                            Companies

   Reksa Dana                        15,000            0.00              1                  15,000           0.00            1             Mutual Fund

   Asuransi                          88,000            0.00              3                  88,000           0.00            3                Insurance

 Pemodal Asing                                                                                                                           Foreign Investors

   Perorangan                        24,500            0.00              7                  24,500           0.00            7                Individual

   Institusi Asing                            -           -               -                       -                 -         -     Foreign Institutions

 Total                      15,848,235,778          100.00            8,077      15,848,234,714            100.00        9,483                       Total




Struktur Pemegang Saham Utama dan Pengendali
Main and Controlling Shareholders Structure


 Masyarakat/Pemegang
       Saham <5%                                    PT Nata Patindo                Suzanna Tanojo                            PT Victoria Investama Tbk
Public/Shareholders <5%


     36.11%                                             0.31%                            19.35%




              44.24%                 80.19%               72.95%                99.50%                  99.33%             95.00%               99.99%




                                    PT Bank             PT Victoria           PT Victoria             PT Victoria        PT Victoria
     PT Bank Victoria                                                                                                                         PT Sumber
                                    Victoria            Insurance              Sekuritas                 Alife           Manajemen
    International Tbk                                                                                                                         Daya Sakti
                                    Syariah                Tbk                 Indonesia               Indonesia          Investasi




                        19.81%



Berdasarkan struktur Pemegang Saham Utama dan Pengendali                         Based on Main and Controlling Shareholders structure of the
Bank, PT Victoria Investama Tbk merupakan Pemegang Saham                         Bank, PT Victoria Investama Tbk is the Company’s Controlling
Pengendali Perseroan, sedangkan penerima manfaat akhir                           Shareholder, while the ultimate beneficiary is Suzanna Tanojo.
adalah Suzanna Tanojo.




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                   91
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      Profil Perusahaan
      Company Profile




Infomasi Entitas Anak, Perusahaan Asosiasi,
Perusahaan Ventura Bersama, dan Special
Purpose Vehicle
Information on Subsidiaries, Associated Entities, Joint Venture
Companies, and Special Purpose Vehicles

Pada tahun 2023, Bank Victoria tidak memiliki Entitas Anak,                In 2023, Bank Victoria did not have any Subsidiary, joint venture
perusahaan ventura bersama, dan special purpose vehicle,                   company, and special purpose vehicle, but had 1 Associated
namun memiliki 1 Entitas Asosiasi. Informasi terkait Entitas               Entity. Information on the Bank’s Associated Entity is described
Asosiasi Bank diuraikan sebagai berikut.                                   as follows.


                                                           PT Bank Victoria Syariah
 Alamat                             Gedung Graha BIP Lt. 5
 Address                            Jl. Gatot Subroto Kav. 23
                                    Karet Semanggi, Setiabudi
                                    Jakarta Selatan 12930
                                    T : (021) 5600 467
                                         (021) 5225 285 (Hunting)
                                    F : (021) 5664 247
                                    E : corsec@bankvictoriasyariah.co.id
                                    W : www.bankvictoriasyariah.co.id

 Bidang Usaha                       Perbankan Syariah
 Line of Businwess                  Sharia Banking

 Tahun Beroperasi                   Beroperasi sejak 1966
 Year of Operations                 Has been in operation since 1966

 Domisili
                                    Jakarta
 Domicile

 Total Aset (dalam juta Rupiah)
                                    3,082,279
 Total Assets (in million Rupiah)

 Kepemilikan Saham (%)
                                    19.81
 Share Ownership (%)




92          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Kronologi Pencatatan Saham
Chronology of Share Listing



Kronologi pencatatan saham Bank Victoria yang dimulai sejak                The chronology of Bank Victoria’s share listing from the Initial
Penawaran Umum Perdana Saham sampai dengan tanggal                         Public Offering to 31 December 2023 is described as follows:
31 Desember 2023 diuraikan sebagai berikut:


                                                                             Jumlah Saham                                   Jumlah Saham
                                                                                 yang                                          Beredar
                                                                                                 Nilai        Harga
                                                             Tanggal          Diterbitkan                                  (Lembar Saham)
                                                                                                Nominal     Penawaran
                          Uraian                           Pelaksanaan      (Lembar Saham)                                      Total
                                                                                                Nominal      Offering
                        Description                          Exercise         Total Issued                                   Outstanding
                                                                                                 Value        Price
                                                               Date             Shares                                         Shares
                                                                                                  (Rp)         (Rp)
                                                                              (Number of                                     (Number of
                                                                                Shares)                                        Shares)
Saham Pendiri
                                                                                 250,000,000       100             -            250,000,000
Founders’ Shares

Saham dari Kapitalisasi Saldo Laba
                                                                                  34,000,000       100             -            284,000,000
Shares from Capitalization of Retained Earnings

Penawaran Umum Perdana Saham
                                                                1999             250,000,000       100          100             534,000,000
Initial Public Offering

Penawaran Umum Terbatas I dengan Hak Memesan Efek
Terlebih Dahulu                                                 2000             100,000,000       100          115             634,000,000
Limited Public Offering I with Preemptive Rights

Pelaksanaan Waran Seri I dan II
                                                                2002              66,793,400       100             -            700,793,400
Exercise of Series I and II Warrants

Penawaran Umum Terbatas II dengan Hak Memesan Efek
Terlebih Dahulu                                                 2003             400,000,000       100          100           1,100,793,400
Limited Public Offering II with Preemptive Rights

Pelaksanaan Waran Seri III
                                                                2004             193,799,960       100             -          1,294,593,360
Exercise of Series III Warrants

Pelaksanaan Waran Seri III
                                                                2006              46,200,000       100             -          1,340,793,360
Exercise of Series III Warrants

Penawaran Umum Terbatas III dengan Hak Memesan Efek
Terlebih Dahulu                                                 2006             670,363,760       100          100           2,011,157,120
Limited Public Offering III with Preemptive Rights

Pelaksanaan Waran Seri IV
                                                                2007             323,840,000       100          100           2,334,997,120
Exercise of Series IV Warrants

Penawaran Umum Terbatas IV dengan Hak Memesan Efek
Terlebih Dahulu                                                 2008           1,167,498,560       100          100           3,502,495,680
Limited Public Offering IV with Preemptive Rights

Pelaksanaan Waran Seri IV dan V
                                                                2009             344,244,500       100          100           3,846,740,180
Exercise of Series IV and V Warrants

Pelaksanaan Waran Seri IV dan V
                                                                2010             249,707,135       100          100           4,096,447,315
Exercise of Series IV and V Warrants

Penawaran Umum Terbatas V dengan Hak Memesan Efek
Terlebih Dahulu                                                 2011           1,954,919,259       100          100           6,051,366,574
Limited Public Offering V with Preemptive Rights

Penerbitan Saham Tanpa Hak Memesan Efek Terlebih Dahulu
                                                                2011             414,580,000       100          100           6,465,946,574
Issuance of Shares Without Preemptive Rights

Pelaksanaan Waran Seri IV dan VI
                                                                2011              81,724,314       100          100           6,547,670,888
Exercise of Series IV and VI Warrants

Pelaksanaan Waran Seri V dan VI
                                                                2012              56,673,554       100          100           6,604,344,442
Exercise of Series V and VI Warrants

Pelaksanaan Waran Seri V dan VI
                                                                2013              25,923,831       100          100           6,630,268,273
Exercise of Series V and VI Warrants




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      93
Page 96
       Profil Perusahaan
       Company Profile




                                                                                               Jumlah Saham                                      Jumlah Saham
                                                                                                   yang                                             Beredar
                                                                                                                      Nilai        Harga
                                                                          Tanggal               Diterbitkan                                     (Lembar Saham)
                                                                                                                     Nominal     Penawaran
                             Uraian                                     Pelaksanaan           (Lembar Saham)                                         Total
                                                                                                                     Nominal      Offering
                           Description                                    Exercise              Total Issued                                      Outstanding
                                                                                                                      Value        Price
                                                                            Date                  Shares                                            Shares
                                                                                                                       (Rp)         (Rp)
                                                                                                (Number of                                        (Number of
                                                                                                  Shares)                                           Shares)
 Pelaksanaan Waran Seri VI
                                                                              2014                508,898,707          100          100            7,139,166,980
 Exercise of Series VI Warrants

 Pelaksanaan Waran Seri VI
                                                                              2015                            300      100          100            7,139,167,280
 Exercise of Series VI Warrants

 Pelaksanaan Waran Seri VI
                                                                              2016                751,486,547          100          100            7,890,653,827
 Exercise of Series VI Warrants

 Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
                                                                              2016                780,394,335          100          100            8,671,048,162
 Capital Increase Without Preemptive Rights

 Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
                                                                              2019                280,898,877          100          356            8,951,947,039
 Capital Increase Without Preemptive Rights

 Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
                                                                              2021                586,205,939          100          160            9,538,152,978
 Capital Increase Without Preemptive Rights

 Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
                                                                              2021                948,979,590          100          196           10,487,132,568
 Capital Increase Without Preemptive Rights

 Penambahan Modal dengan Hak Memesan Efek Terlebih Dahulu
                                                                              2022               2,553,461,919         100          150           13,040,594,487
 Capital Increase with Preemptive Rights

 Penambahan Modal dengan Hak Memesan Efek Terlebih Dahulu
                                                                              2022               2,807,640,227         100          150           15,848,234,714
 Capital Increase with Preemptive Rights

 Pelaksanaan Waran Seri VII
                                                                              2023                        1,064        100          100          15,848,235,778
 Exercise of Series VII Warrants

 Total Modal Saham yang Ditempatkan dan Disetor Penuh
                                                                                                                                                 15,848,235,778
 Total Fully Issued and Paid-Up Share Capital

Keterangan: Seluruh penerbitan saham Bank Victoria dicatatkan pada Bursa Efek Indonesia.
Remark: All Bank Victoria share issuances are listed on Indonesia Stock Exchange.




Kronologi Pencatatan Efek Lainnya
Chronology of Other Securities Listing


                                       Total                                                                                                    Status Pembayaran
                                                                                                                 Peringkat                        Payment Status
                                       (juta        Tenor
                                                                Tingkat Suku Bunga                                 Saat          Peringkat
             Uraian                   Rupiah)      (Tahun)                                      Tanggal                                                   Belum
                                                                   Interest Rates                               Diterbitkan       Terakhir
           Description                 Total       Tenure                                        Date                                           Lunas     Lunas
                                                                        (%)                                     Ratings at     Latest Ratings
                                      (million      (Year)                                                                                       Paid      Not
                                                                                                                 Issuance
                                      Rupiah)                                                                                                              Paid
 Obligasi Bank Victoria I Tahun         75,000       7                        16.25           3 Maret 2000-         BBB+           BBB+
 2000 dengan tingkat suku                                                                     3 Maret 2007
 bunga tetap Seri A                                                                           3 March 2000-
 Bank Victoria Series A Bond I of                                                             3 March 2007
 2000 at fixed interest rate

 Obligasi Bank Victoria I Tahun         25,000       7           16,00 (kupon bunga ke-1      3 Maret 2000-         BBB+           BBB+
 2000 dengan tingkat suku                                      dan 2) serta mengambang        3 Maret 2007
 bunga mengambang Seri B                                       (kupon bunga ke-3 sampai       3 March 2000-
 Bank Victoria Series B Bond I of                                                    ke-28)   3 March 2007
 2000 at floating interest rate                                 16.00 (1st and 2nd interest
                                                              coupon) and floating (3rd to
                                                                     28th interest coupon)




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                                      Total                                                                                                  Status Pembayaran
                                                                                                         Peringkat                             Payment Status
                                      (juta      Tenor
                                                           Tingkat Suku Bunga                              Saat            Peringkat
            Uraian                   Rupiah)    (Tahun)                                 Tanggal                                                       Belum
                                                              Interest Rates                            Diterbitkan         Terakhir
          Description                 Total     Tenure                                   Date                                                Lunas    Lunas
                                                                   (%)                                  Ratings at       Latest Ratings
                                     (million    (Year)                                                                                       Paid     Not
                                                                                                         Issuance
                                     Rupiah)                                                                                                           Paid
Obligasi Bank Victoria II Tahun      200,000      5                     12.00       21 Maret 2007-         A3.id               A3.id
2007 dengan tingkat suku                                                            21 Maret 2012       (setara A-.         (setara A-.
bunga tetap                                                                         21 March 2007-     Kasnic / equal    Kasnic / equal to
Bank Victoria Bond II of 2007 at                                                    21 March 2012      to A-. Kasnic)       A-. Kasnic)
fixed interest rate

Obligasi Subordinasi Bank            200,000    10        12,50 (tahun ke-1 sampai 21 Maret 2007-      Baa2.id (setara        Baa2.id
Victoria I Tahun 2007 dengan                               ke-5) serta 21,50 (tahun 21 Maret 2017       BBB. Kasnic /      (setara BBB.
tingkat suku bunga tetap                                        ke-6 sampai ke-10) 21 March 2007-       equal to BBB.    Kasnic / equal to
Bank Victoria Subordinated                                12.50 (1st year to 5th year) 21 March 2017       Kasnic)         BBB. Kasnic)
Bond I of 2007 at fixed interest                              and 21.50 (6th year to
rate                                                                       10th year)

Obligasi Bank Victoria III Tahun     200,000      5                     10.00        27 Juni 2012-         idBBB+             idBBB+
2012 dengan tingkat suku                                                              27 Juni 2017     (Triple B Plus)    (Triple B Plus)
bunga tetap                                                                          27 June 2012-
Bank Victoria Bond III of 2012 at                                                    27 June 2017
fixed interest rate

Obligasi Subordinasi Bank            300,000      7                     11.00        27 Juni 2012-         idBBB+             idBBB+
Victoria II Tahun 2012 dengan                                                         27 Juni 2019     (Triple B Plus)    (Triple B Plus)
tingkat suku bunga tetap                                                             27 June 2012-
Bank Victoria Subordinated                                                           27 June 2019
Bond II of 2012 at fixed interest
rate

Obligasi Bank Victoria IV Tahun      200,000      5                      9.50        27 Juni 2013-           idA-              idA-
2013 dengan tingkat suku                                                              27 Juni 2018        (Single A      (Single A Minus)
bunga tetap                                                                          27 June 2013-         Minus)
Bank Victoria Bond IV of 2013 at                                                     27 June 2018
fixed interest rate

Obligasi Subordinasi Bank            300,000      7                     10.50        27 Juni 2013-         idBBB+             idBBB+
Victoria III Tahun 2013 dengan                                                        27 Juni 2020     (Triple B Plus)    (Triple B Plus)
tingkat suku bunga tetap                                                             27 June 2013-
Bank Victoria Subordinated                                                           27 June 2020
Bond III of 2013 at fixed interest
rate

Obligasi Berkelanjutan I Bank        300,000      5                     10.30        11 Juli 2017-           idA-              idA-
Victoria Tahap I Tahun 2017                                                          11 Juli 2022         (Single A      (Single A Minus)
dengan tingkat suku bunga                                                            11 July 2017-         Minus)
tetap                                                                                11 July 2022
Bank Victoria Continuous Bond I
Phase I of 2017 at fixed interest
rate

Obligasi Subordinasi                  50,000      7                     11.00        11 Juli 2017-         idBBB              idBBB
Berkelanjutan I Bank Victoria                                                        11 Juli 2024        (Triple B)         (Triple B)
Tahap I Tahun 2017 dengan                                                            11 July 2017-
tingkat suku bunga tetap                                                             11 July 2024
Bank Victoria Continuous
Subordinated Bond I Phase I of
2017 at fixed interest rate

Obligasi Berkelanjutan I Bank        100,000      3                      9.70         5 Juni 2018-           idA-              idA-
Victoria Tahap II Tahun 2018                                                          5 Juni 2021         (Single A      (Single A Minus)
dengan tingkat suku bunga                                                             5 June 2018-         Minus)
tetap Seri A                                                                          5 June 2021
Bank Victoria Series A
Continuous Bond I Phase II of
2018 at fixed interest rate

Obligasi Berkelanjutan I Bank        200,000      5                     10.30         5 Juni 2018-           idA-              idA-
Victoria Tahap II Tahun 2018                                                          5 Juni 2023         (Single A      (Single A Minus)
dengan tingkat suku bunga                                                             5 June 2018-         Minus)
tetap Seri B                                                                          5 June 2023
Bank Victoria Series B
Continuous Bond I Phase II of
2018 at fixed interest rate

Obligasi Subordinasi                 350,000      7                     11.00         5 Juni 2018-         idBBB              idBBB
Berkelanjutan I Bank Victoria                                                         5 Juni 2025        (Triple B)         (Triple B)
Tahap II Tahun 2018 dengan                                                            5 June 2018-
tingkat suku bunga tetap                                                              5 June 2025
Bank Victoria Continuous
Subordinated Bond I Phase II of
2018 at fixed interest rate




                                                                2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                 95
Page 98
       Profil Perusahaan
       Company Profile




                                        Total                                                                                                       Status Pembayaran
                                                                                                                   Peringkat                          Payment Status
                                        (juta        Tenor
                                                                 Tingkat Suku Bunga                                  Saat          Peringkat
             Uraian                    Rupiah)      (Tahun)                                      Tanggal                                                     Belum
                                                                    Interest Rates                                Diterbitkan       Terakhir
           Description                  Total       Tenure                                        Date                                              Lunas    Lunas
                                                                         (%)                                      Ratings at     Latest Ratings
                                       (million      (Year)                                                                                          Paid     Not
                                                                                                                   Issuance
                                       Rupiah)                                                                                                                Paid
 Obligasi Berkelanjutan II Bank        100,000         2                         9.75         28 Juni 2019-            idA-            idA-
 Victoria Tahap I Tahun 2019                                                                   28 Juni 2021         (Single A    (Single A Minus)
 Bank Victoria Continuing Bonds                                                               28 June 2019-          Minus)
 II Phase I Year 2019                                                                         28 June 2021

 Obligasi Subordinasi                  250,000         7                       11.75          28 Juni 2019-           idBBB           idBBB
 Berkelanjutan II Bank Victoria                                                                28 Juni 2026         (Triple B)      (Triple B)
 Tahap I Tahun 2019                                                                           28 June 2019-
 Bank Victoria Continuing                                                                     28 June 2026
 Subordination Bonds II Phase I
 Year 2019

 Obligasi Subordinasi                  150,000         7                       11.25          8 November              idBBB           idBBB
 Berkelanjutan II Bank Victoria                                                                  2019-              (Triple B)      (Triple B)
 Tahap II Tahun 2019                                                                          8 November
 Bank Victoria Continuing                                                                        2026
 Subordination Bonds II Phase II                                                              8 November
 Year 2019                                                                                      2019-8
                                                                                             November 2026

 Obligasi Subordinasi                    60,000        7                       11.25           1 April 2020-          idBBB           idBBB
 Berkelanjutan II Bank Victoria                                                                1 April 2027         (Triple B)      (Triple B)
 Tahap III Tahun 2020                                                                          1 April 2020-
 Bank Victoria Continuing                                                                      1 April 2027
 Subordination Bonds II Phase III
 Year 2020

 Obligasi Berkelanjutan III Bank       300,000         3                         9.25         9 Maret 2023-            idA-            idA-
 Victoria Tahap I Tahun 2023                                                                  9 Maret 2026          (Single A    (Single A Minus)
 dengan tingkat bunga tetap Seri A                                                            9 March 2023-          Minus)
 Bank Victoria Series A Continuing                                                            9 March 2026
 Bonds III Phase I Year 2023 at
 fixed interest rate

 Obligasi Berkelanjutan III Bank       200,000         5                       10.25          9 Maret 2023-            idA-            idA-
 Victoria Tahap I Tahun 2023                                                                  9 Maret 2028          (Single A    (Single A Minus)
 dengan tingkat bunga tetap                                                                   9 March 2023-          Minus)
 Seri B                                                                                       9 March 2028
 Bank Victoria Series B Continuing
 Bonds III Phase I Year 2023 at
 fixed interest rate

Keterangan rating / Rating description:
* BBB+ dari PT Kasnic Duff dan Phelps Credit Rating Indonesia / BBB+ from PT Kasnic Duff and Phelps Credit Rating Indonesia
* A3.id dari PT Moody’s Indonesia (setara A-. Kasnic) / A3.id from PT Moody’s Indonesia (equal to A-. Kasnic)
* Baa2.id dari PT Moody’s Indonesia (setara BBB. Kasnic) / Baa2.id from PT Moody’s Indonesia (equal to BBB. Kasnic)
* idBBB+ (Triple B) dari PT Pemeringkat Efek Indonesia / idBBB + (Triple B) from PT Pemeringkat Efek Indonesia
* idA- (Single A Minus) dari PT Pemeringkat Efek Indonesia / idA- (Single A Minus) from PT Pemeringkat Efek Indonesia
* idBBB (Triple B) dari PT Pemeringkat Efek Indonesia / idBBB (Triple B) from PT Pemeringkat Efek Indonesia




96           PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 99
Struktur Grup
Structure Group



 Masyarakat/Pemegang
       Saham <5%                                  PT Nata Patindo                 Suzanna Tanojo                              PT Victoria Investama Tbk
Public/Shareholders <5%


     36.11%                                             0.31%                           19.35%




              44.24%                80.19%               72.95%                99.50%               99.33%                  95.00%             99.99%




                                                                                                                         PT Bank
                                    PT Bank            PT Victoria           PT Victoria          PT Victoria
    PT Bank Victoria                                                                                                     Victoria           PT Sumber
                                    Victoria           Insurance              Sekuritas              Alife
   International Tbk                                                                                                   Manajemen            Daya Sakti
                                    Syariah               Tbk                 Indonesia            Indonesia
                                                                                                                        Investasi




                       19.81%




Informasi Penggunaan Jasa Akuntan Publik dan
Kantor Akuntan Publik
Information on the Use of Public Accountant Services and Public Accounting
Firms
     Kantor Akuntan Publik                       Kantor Akuntan Publik Purwanto, Sungkoro & Surja (Member of Ernst & Young)
     Public Accounting Firm                      Purwanto, Sungkoro & Surja Public Accounting Firm (Member of Ernst & Young)
Alamat                                   Jasa yang Diberikan
Address                                  Services Provided

Indonesia Stock Exchange Building        Audit:
Tower 2 Lt. 7                            Audit Laporan Keuangan tahun buku 2023 (tanpa jasa non-audit).
Jl. Jend. Sudirman Kav. 52-53            Audit of Financial Statements for 2023 fiscal year (without non-audit services).
Jakarta 12190
T : (021) 5289 5000
F : (021) 5289 4100
W : ey.com/id

Nama Akuntan Publik                      Periode Penugasan            Biaya Jasa (Rp)
Name of Public Accountant                Assignment Period            Services Fee (Rp)

Yovita                                   2023                         1,650,000,000




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                 97
Page 100
     Profil Perusahaan
     Company Profile




Lembaga dan Profesi Penunjang Pasar Modal
Capital Market Supporting Institutions and Professionals



                                                                                                                                    Biaya Jasa
        Uraian                      Nama                              Alamat                          Jasa yang Diberikan            Services
      Description                   Name                              Address                          Services Provided               Fee
                                                                                                                                       (Rp)
Biro Administrasi Efek     PT Adimitra Jasa Korpora   Rukan Kirana Boutiqe Office                 Jasa    Administrasi  Daftar       46,000,000
Share Registrar Bureau                                Jl. Kirana Avenue III Blok F3 No. 5         Pemegang      Saham     dan
                                                      Kelapa Gading                               Administrasi          Waran
                                                      Jakarta Utara 14250                         No. AF088/BVIC/032023 dan
                                                      T : (021) 2974 5222                         No. PW-145/BVIC/092022.
                                                      F : (021) 2928 9961                         Shareholder Registration and
                                                      E : opr@adimitra-jk.co.id                   Warrant Administration Services
                                                      W : www.adimitrajk.co.id                    No. AF088/BVIC/032023 and
                                                                                                  No. PW-145/BVIC/092022.

Pencatatan Efek            Bursa Efek Indonesia       Indonesia Stock Exchange Building Tower I   Pencatatan Tahunan Saham          256,500,000
Securities Listing         Indonesia Stock Exchange   Jl. Jend. Sudirman Kav. 52-53               dan/atau Efek Bersifat Utang
                                                      Jakarta Selatan 12190                       dan Sukuk.
                                                      T : (021) 5150 515                          Annual Listing of Shares and/or
                                                      F : (021) 5150 330                          Debt Securities and Sukuk.
                                                      W : www.idx.co.id

Notaris                    Fathiah Helmi, SH          Graha Irama Lt. 6C                          Pembuatan Akta Berita Acara        44,000,000
Notary                                                Jl. HR Rasuna Said Kav. 1–2                 dan Akta Pernyataan Keputusan
                                                      Jakarta 12950                               RUPS Tahunan.
                                                      T : (021) 5290 7304                         Preparation of Deed of Minutes
                                                            (021) 5290 7305                       and Deed of Statement of
                                                            (021) 5290 7306                       Annual GMS Resolutions.
                                                      F : (021) 5261 136
                                                      E : fhchozie@gmail.com

Perusahaan Pemeringkat     PT Pemeringkat Efek        Equity Tower Lt. 30                         • Pemeringkatan atas Obligasi     525,000,000
Efek                       Indonesia                  Sudirman Central Business District Lot. 9     Berkelanjutan     III    Bank
Securities Rating Agency                              Jl. Jend. Sudirman Kav. 52-53                 Victoria Tahap I Tahun 2023;
                                                      Jakarta 12190                                 dan
                                                      T : (021) 5096 8469                         • Pemeringkatan         Tahunan
                                                      F : (021) 5096 8468                           Perusahaan, Obligasi, dan
                                                      W : www.pefindo.com                           Obligasi Subordinasi Bank
                                                                                                    Victoria.
                                                                                                  • Rating of Bank Victoria’s
                                                                                                    Sustainable Bonds III Phase I
                                                                                                    Year 2023; and
                                                                                                  • Bank Victoria’s Annual Rating
                                                                                                    of the Company, Bonds, and
                                                                                                    Subordinated Bond.




98        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                                                                                                                            Biaya Jasa
       Uraian                  Nama                              Alamat                      Jasa yang Diberikan             Services
     Description               Name                              Address                      Services Provided                Fee
                                                                                                                               (Rp)

Penilai Perusahaan   Kantor Jasa Penilai Publik   Jl. Cipinang Cempedak II No. 58        Penilaian independen terkait       110,000,000
Corporate Assessor   Tri, Santi dan Rekan         Jakarta 13340                          pelaksanaan transaksi jual beli
                     Public Appraisal Service     T : (021) 856 6573                     aset tanah seluas 44.816 m2
                     Office Tri, Santi and        E : corsec@kjpptsr.co.id               yang berlokasi di Perum Villa
                     Partners                                                            Cinere Mas kepada PT Tri Daya
                                                                                         Investindo.
                                                                                         Independent         assessment
                                                                                         regarding the implementation
                     Kantor Jasa Penilai Publik   Gedung Dana Graha                      of sale and purchase transaction    90,000,000
                     Pung’s Zulkarnain dan        Lt. 1-R.101                            of land assets covering an area
                     Rekan                        Jl. Gondangdia Kecil 12-14             of 44,816 m2 located at Perum
                     Public Appraisal Service     Jakarta 10350                          Villa Cinere Mas to PT Tri Daya
                     Office Pung’s Zulkarnain     T : (021) 230 3840                     Investindo.
                     and Partners                 F : (021) 230 3940
                                                  E : info@kjpp-pungsz.com

Wali Amanat          PT Bank Mega Tbk             Menara Bank Mega                       Jasa Tahunan Wali Amanat           352,500,000
Trustee                                           Jl. Kapten Tendean No. 12–12A          atas Obligasi dan Obligasi
                                                  Jakarta 12970                          Subordinasi Bank.
                                                  T : (021) 7917 5000                    Annual Trustee Service on the
                                                  F : (021) 7918 7100                    Bank’s Bonds and Subordinated
                                                  W : www.bankmega.com                   Bonds.




                                                   2023 Annual and Sustainability Report | PT Bank Victoria International Tbk       99
Page 102
                   ANALISIS DAN
                   PEMBAHASAN
                   MANAJEMEN
                   Management Discussion
                   and Analysis




100   PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 103
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   101
Page 104
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Tinjauan Ekonomi dan Industri
Economic and Industrial Overview




Perekonomian Global dan Nasional                                       Global and National Economy

Setelah mencatat pertumbuhan sebesar 3,4% pada tahun 2022,             After recording growth of 3.4% in 2022, the global economy
perekonomian global kembali melemah dengan mencatatkan                 weakened again by recording growth of 3.0% in 2023. This was
pertumbuhan sebesar 3,0% pada tahun 2023. Hal ini dipengaruhi          influenced by the continuing geopolitical tensions triggered by
masih berlanjutnya ketegangan geopolitik yang dipicu perang            Russia’s war in Ukraine which led to limited supplies, resulting
Rusia di Ukraina yang menyebabkan keterbatasan pasokan                 in high global energy and food prices as well as trade tensions
sehingga tetap tingginya harga energi dan pangan global serta          between the United States and China that resulted in a decline in
ketegangan perdagangan antara Amerika Serikat dan Tiongkok             export, import, and volume of world trade.
yang berdampak pada penurunan ekspor-impor dan volume
perdagangan dunia.


Pelambatan ekonomi global juga sejalan dengan proses disinflasi        The global economic slowdown was also in line with the slowing
dunia yang melambat. Per Desember 2023, inflasi dunia turun            world disinflation process. As of December 2023, the world
menjadi 6,8% pada Desember 2023 dari level tertinggi pada              inflation fell to 6.8% in December 2023, from the highest level
triwulan II 2022 sebesar 11,6%. Penurunan tersebut sejalan             in the quarter II 2022 by 11.6%. Such decline was in line with
dengan penurunan harga energi dan pangan, terurainya keketatan         the decrease in energy and food prices, loosening of supply
pasokan, serta dampak dari pengetatan kebijakan moneter bank           tightness, and impact of tightening central bank monetary policy
sentral di banyak negara. Namun pada sisi lain, penurunan inflasi      in many countries. However, on the other hand, the decline in
dunia berlangsung lebih lambat dari prakiraan semula. Ketatnya         world inflation was slower than previous prediction. The tight
pasar tenaga kerja menyebabkan inflasi di negara-negara maju           labor market causing inflation in developed countries was still far
masih jauh di atas sasaran yang ingin dicapai, yaitu 2%.               above the target to be achieved of 2%.


Sejalan dengan perekonomian global, pertumbuhan ekonomi                In line with the global economy, Indonesia’s economic growth
Indonesia turut megalami penurunan menjadi 5,04% (year                 also decreased to 5.04% (year on year), lower than the
on year), lebih rendah dibanding capaian tahun 2022 yang               achievement in 2022 with growth of 5.31%. Though it was in a
mengalami pertumbuhan sebesar 5,31%. Meskipun berada dalam             downward trend, Indonesian economy continuously grew well,
tren penurunan, perekonomian Indonesia tetap tumbuh baik               supported by the domestic demand which remained strong
didukung oleh permintaan domestik yang tetap kuat di tengah            amidst declining export performance, remained strong private




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penurunan kinerja ekspor, konsumsi swasta termasuk konsumsi                       consumption including consumption in services sector driven
di sektor jasa tetap kuat didorong masih tingginya keyakinan                      by high consumer confidence, maintained purchasing power
konsumen, terjaganya daya beli seiring dengan inflasi yang                        in line with low inflation, policy stimulus fiscal, including the
rendah, stimulus kebijakan fiskal termasuk pemberian subsidi dan                  provision of subsidies and various social assistance programs,
berbagai program bantuan sosial, membaiknya investasi yang                        improved investment driven by the continued completion of
didorong berlanjutnya penyelesaian Proyek Strategis Nasional                      National Strategic Projects (PSN) and non-building investment,
(PSN) dan investasi nonbangunan, serta peningkatan di berbagai                    and improvements in various sectors, both in business and
sektor, baik dari sisi lapangan usaha maupun sisi pengeluaran.                    expenditure.


Dari sisi lapangan usaha, sektor transportasi dan pergudangan                     In terms of business sector, transportation and warehousing
meraih pertumbuhan tertinggi sebesar 13,96%, diikuti oleh                         sector achieved the highest growth at 13.96%, followed by other
sektor jasa lainnya sebesar 10,52%, serta sektor penyediaan                       services sector at 10.52%, and accommodation of food and
akomodasi dan makan minum sebesar 10,01%. Sementara pada                          beverage sector at 10.01%. Meanwhile, on expenditure side, the
sisi pengeluaran, sektor pengeluaran konsumsi lembaga non-                        consumption expenditure sector of non-profit institutions serving
profit yang melayani rumah tangga mencapai pertumbuhan                            households achieved the highest growth at 9.83%, followed by
tertinggi sebesar 9,83%, diikuti oleh sektor pengeluaran                          household consumption expenditure sector at 4.82%, and gross
konsumsi rumah tangga sebesar 4,82%, dan sektor pembentukan                       fixed capital formation sector at 4.40%.
modal tetap bruto sebesar 4,40%.

Sumber:                                                                           Source:
•   Bank Indonesia, “Laporan Perekonomian Indonesia Tahun 2023”; dan              •    Bank Indonesia, “Indonesia Economic Report 2023”; and
•   Badan Pusat Statistik, “Pertumbuhan Ekonomi Indonesia Triwulan IV-2023 BRS    •    Statistics Indonesia, “Indonesia’s Economic Growth Quarter IV-2023 BRS
    No. 13/02/Th. XXVII, 5 Februari 2024”.                                             No. 13/02/Th. XXVII, 5 February 2024”.




Tinjauan Pasar Keuangan dan Industri                                              Overview of Financial Market and Banking
Perbankan                                                                         Industry

Di tengah pelambatan pertumbuhan ekonomi global, kinerja                          Amidst the slowing global economic growth, the performance of
industri perbankan Indonesia pada tahun 2023 tetap terjaga                        Indonesian banking industry in 2023 was maintained properly.
dengan baik. Hal tersebut tercermin dari kinerja kredit perbankan                 This was reflected in banking loan performance in 2023 which
yang tercatat meningkat pada tahun 2023 10,38% menjadi Rp7,09                     recorded an increase of 10.38% to Rp7.09 trillion from that of the
triliun dari sebelumnya Rp6,42 triliun. Berdasarkan kelompok                      previous year of Rp6.42 trillion. Based on usage group, the loan
penggunaan, pertumbuhan kredit terutama ditopang oleh kredit                      growth was mainly supported by investment loans and working
investasi dan kredit modal kerja yang masing-masing sebesar                       capital loans of 12.26% and 10.05%, respectively. Meanwhile,
12,26% dan 10,05%. Sementara secara sektoral, pertumbuhan                         by sector, loan growth was mainly supported by the performance
kredit terutama ditopang oleh kinerja sektor pengangkutan, jasa                   of transportation, social services, trade, and electricity, gas, and
sosial, perdagangan, dan listrik, gas, air. Pembiayaan syariah pada               water sectors. Sharia financing in December 2023 also grew by
Desember 2023 juga tumbuh sebesar 15,80% (yoy), sementara                         15.80% (yoy), while MSME loan growth reached 8.03% (yoy).
pertumbuhan kredit UMKM mencapai 8,03% (yoy). Dana Pihak                          Third Party Funds (DPK) also recorded growth in 2023 of 3.73%
Ketiga (DPK) juga mencatatkan pertumbuhan pada tahun 2023                         to Rp8,457.93 trillion, from previously Rp8,153.59 trillion, with
sebesar 3,73% menjadi Rp8.457,93 triliun dari sebelumnya                          demand deposits as the largest contributor to growth of 4.57%.
Rp8.153,59 triliun, dengan kontributor pertumbuhan terbesar                       This was coupled with the increase in loan to deposit ratio (LDR)
pada giro yaitu 4,57%. Hal ini disertai dengan meningkatnya loan                  to 84.11% in 2023.
to deposit ratio (LDR) menjadi 84,11% pada tahun 2023.


Selain itu, ketahanan perbankan dan stabilitas sistem keuangan                    In addition, banking resilience and financial system stability
tetap terjaga didukung oleh permodalan yang kuat dan risiko                       are maintained, supported by strong capital and low loan risk.
kredit yang rendah. Likuiditas industri perbankan pada Desember                   Banking industry liquidity in December 2023 increased with
2023 meningkat dengan rasio-rasio likuditas jauh di atas level                    liquidity ratio far above the level required for supervision. The




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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




kebutuhan pengawasan. Rasio alat likuid/non-core deposit                                  ratio of liquid assets/non-core deposits (AL/NCD) and liquid
(AL/NCD) dan alat likuid/dana pihak ketiga (AL/DPK) masing-                               assets/third party funds (AL/DPK) rose to 120.07% and 28.73%,
masing naik menjadi 120,07% dan 28,73%. Sementara itu,                                    respectively. Meanwhile, the non-performing loan (NPL) ratio was
rasio kredit bermasalah perbankan/non-performing loan (NPL)                               recorded low at 2.19% (gross) and 0.75% (net). Overall, such
tercatat rendah sebesar 2,19% (bruto) dan 0,75% (neto). Secara                            strong banking resilience was supported by the continued good
keseluruhan, ketahanan perbankan yang kuat tersebut didukung                              repayment capacity of corporation and household, in line with
oleh kemampuan bayar korporasi dan rumah tangga yang tetap                                corporate performance and household income expectation which
baik, sejalan dengan kinerja korporasi dan ekspektasi penghasilan                         continuously improved.
rumah tangga yang terus membaik.


Sepanjang tahun 2023, industri perbankan secara umum                                      Throughout 2023, banking industry generally recorded
mencatatkan pencapaian kinerja dengan tren positif. Hal                                   performance achievements with a positive trend. This was
tersebut tercermin dari kinerja aset, DPK, dan kredit mencatatkan                         reflected in the performance of assets, third party funds, and
peningkatan masing-masing sebesar 5,87%, 3,73%, dan 10,61%.                               loans which recorded an increase of 5.87%, 3.73%, and 10.61%,
Sedangkan, pada Kelompok Bank berdasarkan Modal Inti (KBMI)                               respectively. Meanwhile, the Bank Group based on Core Capital
1 mencatatkan pencapaian kinerja dengan tren negatif yang                                 (KBMI) 1 recorded performance achievements with a negative
tercermin dari penurunan kinerja aset, DPK, dan kredit masing-                            trend, reflected in the decline in assets, third party funds, and loans
masing sebesar 4,06%, 7,23% dan 2,34% pada tahun 2023.                                    performance of 4.06%, 7.23%, and 2.34%, respectively, in 2023.

Sumber:                                                                                   Source:
• Bank Indonesia, “Laporan Perekonomian Indonesia Tahun 2023”;                            • Bank Indonesia, “Indonesia Economic Report 2023”;
• Bank Indonesia, “Tinjauan Kebijakan Moneter Desember 2023”;                             • Bank Indonesia, “Monetary Policy Overview December 2023”;
• Otoritas Jasa Keuangan, “Siaran Pers: Sektor Jasa Keuangan yang Kuat dan Stabil untuk   • Financial Services Authority, “Press Release: Strong and Stable Financial Services
  Mendukung Pertumbuhan Ekonomi yang Berkelanjutan, 20 Februari 2024”; dan                   Sector to Support Sustainable Economic Growth, 20 February 2024”; and
• Otoritas Jasa Keuangan, “Statistik Perbankan Indonesia - Desember 2023,                 • Financial Services Authority, “Indonesian Banking Statistics - December 2023,
  21 Februari 2024”.                                                                         21 February 2024”.




Tinjauan Operasional
Operational Overview



Strategi Pengembangan Bisnis                                                              Business Development Strategy

Perseroan berkomitmen untuk terus melakukan inovasi baik                                  The Company is committed to continuing to innovate in products,
terhadap produk, jasa dan layanan, saluran pemasaran maupun                               services, marketing channels and supporting infrastructure
infrastruktur pendukung guna menciptakan pengalaman                                       to create a satisfying banking experience for customers. This
perbankan yang memuaskan kepada nasabah. Komitmen                                         commitment is implemented out through the preparation of
tersebut dilakukan melalui penyusunan rencana strategis bank.                             the Bank’s strategic plan. Business development strategies
Adapun strategi pengembangan bisnis yang dijalankan Bank                                  implemented by Bank Victoria in 2023 were described as follows:
Victoria sepanjang tahun 2023 diuraikan sebagai berikut:
1. Strategi Perkreditan                                                                   1. Loans Strategies
     Strategi bidang perkreditan diprioritaskan pada upaya                                   The loan strategies are prioritized on efforts to maintain and
     menjaga dan meningkatkan kualitas kredit dengan target                                  improve loan quality with a sound and sustainable growth
     pertumbuhan yang sehat dan berkesinambungan dengan                                      target by still adhering to the prudential financing principles,
     tetap mengacu pada prinsip kehati–hatian (prudential                                    as well as by adjusting to the full-of-uncertainty economic
     financing) serta dengan menyesuaikan pada prospek                                       prospects. Several business strategies to be carried out are
     perekonomian yang masih penuh ketidakpastian. Beberapa                                  as follows:
     strategi bisnis yang akan dilakukan sebagai berikut:
     a. Memproyeksikan pertumbuhan total kredit secara                                         a.   Projecting total credit growth selectively                           and
         selektif dan konservatif pada kisaran 7%-9%;                                               conservatively in the range of 7%-9%;




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    b. Meningkatkan penyaluran kredit dengan model bisnis                 b.  Increasing loans with channeling business models
       channeling melalui kerja sama fintech, BPR, multifinance               through collaboration with fintech, BPR, multifinance,
       dan koperasi guna meningkatkan portofolio kredit, potensi              and cooperatives to increase loan portfolios, potential
       fee based income, dan penetrasi bisnis yang lebih luas;                fee-based income, and broader business penetration;
   c. Memperkenalkan ekosistem digital lending untuk                       c. Introducing a digital lending ecosystem to provide
       memberikan informasi dan proses percepatan kredit                      information and the speed of the Bank’s loan process to
       Bank kepada debitur;                                                   the debtor;
   d. Mengembangkan dan meningkatkan kuantitas, kualitas                  d. Developing and increasing the quantity, quality,
       dan profitabilitas bisnis kredit dengan loan origination               and profitability of the credit business with the loan
       system (LOS) dalam rangka kemudahan layanan end to                     origination system (LOS) to facilitate end-to-end credit
       end proses kredit termasuk fungsi pengendalian dan                     process services including credit control and monitoring
       monitoring kredit;                                                     functions;
   e. Menjaga dan meningkatkan kualitas kredit melalui                    e. Maintaining and improving loan quality through
       monitoring debitur, pelaksanaan early warning, serta                   monitoring debtors, implementing early warnings, and
       pengembangan sumber daya manusia dan sistem;                           developing human resources and system;
   f. Mempercepat penyelesaian kredit yang dihapus buku                   f. Accelerating the settlement of written-off loans and the
       dan penjualan agunan yang diambil alih termasuk di                     sale of foreclosed assets, including through the sale of
       antaranya melalui penjualan jaminan dan AYDA di situs                  collateral and AYDA on the website; and
       jaringan (situs web); dan
   g. Mengoptimalkan           program      pelatihan       yang          g. Optimizing continuous training programs to increase the
       berkesinambungan untuk meningkatkan kapasitas                         skill capacity of the sales force.
       keahlian tenaga penjualan.
2. Strategi Pendanaan dan Pengembangan Layanan                        2. Funding and Development Strategies
   Strategi bidang pendanaan diprioritaskan pada upaya                   The funding strategies are prioritized on efforts to maintain
   menjaga dan meningkatkan loyalitas nasabah serta                      and increase customer loyalty and add new customers with
   menambah nasabah baru dengan target pertumbuhan                       a growth target based on a sound and optimal funding
   yang berbasis struktur pendanaan yang sehat dan optimal.              structure. Several business strategies to be carried out are as
   Beberapa strategi bisnis yang akan dilakukan sebagai berikut:         follows:
   a. Meningkatkan pendanaan (dana pihak ketiga dan                      a. Increasing funding (third-party deposits and securities
       surat berharga yang diterbitkan) di kisaran 9%-11%                     issued) in the range of 9%-11% (year-on-year) with
       (year-on-year) dengan prioritas pada pengendalian                      priority on controlling the cost of funds and interest
       cost of fund dan beban bunga;                                          expenses;
   b. Membuat beberapa program seperti akuisisi nasabah                  b. Creating several programs such as acquisition of new
       baru melalui program CASA plus gimmick hadiah,                         customers through CASA program plus gift gimmicks,
       program CASA cashback atau bunga yang menarik, serta                   CASA cashback program or attractive interest rates, and
       loyality program untuk meningatkan dana CASA;                          loyalty programs in order to increase CASA funds;
   c. Membuat dan melanjutkan program bundling atau paket                c. Creating and continuing bundling programs or product
       kombinasi produk untuk pilihan nasabah;                                combination packages for the customer’s choice;
   d. Menjalin kerja sama dan meningkatkan penjualan obligasi            d. Collaborating and increasing sales of retail bonds,
       ritel, bancassurance, dan reksadana guna meningkatkan                  bancassurance, and mutual funds to increase income
       pendapatan melalui fee based income;                                   through fee-based income;
   e. Melakukan pengembangan secara berkelanjutan dalam                  e. Conducting sustainable development in revamping
       revamping terhadap internet banking, mobile banking                    internet banking, mobile banking internet, and banking
       dan internet banking business yang dilengkapi dengan                   business equipped with superior and competitive digital
       fitur dan produk digital unggul serta bersaing untuk                   features and products to meet the needs of the financial
       memenuhi kebutuhan transaksi keuangan;                                 transactions;
   f. Meningkatkan kualitas layanan guna memenuhi                        f. Improving services quality to meet customer needs by
       kebutuhan nasabah dengan melakukan pengembangan                        developing digital operations, which is by conducting
       digital operations, yaitu melakukan aktivitas transaksi                non-cash transaction activities using video banking
       non tunai dengan menggunakan teknologi video                           technology, so that transaction interactions can be
       banking, sehingga interaksi transaksi dapat dilakukan                  carried out virtually but still prioritizing the principles of
       secara virtual namun tetap mengedepankan prinsip                       prudence and security in making transactions;
       kehati-hatian serta keamanan bertransaksi;
   g. Melakukan promosi melalui media sosial dan/atau                     g. Carrying out promotions through social media and/or
       kegiatan lain untuk lebih memperkenalkan produk dan                   other activities to introduce Bank Victoria products and
       layanan Bank Victoria kepada masyarakat;                              services closer to the public;




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      Analisis dan Pembahasan Manajemen
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    h. Meningkatkan layanan transaksi perbankan untuk                      h. Improving banking transaction services to support
       mendukung kebutuhan transaksi para investor dalam                      investors’ transaction needs in order to penetrate
       rangka penetrasi peluang bisnis yang lebih luas;                       broader business opportunities;
    i. Melakukan pendekatan dan pemasaran ke sekolah-                      i. Approaching and marketing to schools for new
       sekolah untuk tujuan nasabah baru (customer base)                      customers (customer base), which are students, parents,
       yaitu murid, orang tua, dan guru untuk mendukung                       and teachers to support financial literacy or inclusion
       program literasi atau inklusi keuangan yang dicanangkan                programs launched by the government; and
       oleh pemerintah; dan
    j. Melakukan sinergi dengan grup usaha dalam                           j.   Synergizing with business groups in sustainable business
       pengembangan bisnis berkelanjutan.                                       development.


3. Strategi bidang Operasional dan Teknologi Sistem                    3. Operational and Information Systems Technology
   Informasi                                                              Strategies
   Strategi bidang Operasional dan Teknologi Sistem Informasi             Operational and Information System Technology strategies
   diprioritaskan pada upaya pemanfaatan dan pengembangan                 are prioritized on efforts to utilize and develop sustainable
   teknologi informasi yang berkelanjutan dalam rangka                    information technology in order to support the aspects of
   mendukung aspek peningkatan kualitas layanan, operasional              improving service quality, business operations, security, and
   bisnis, keamanan, dan kepatuhan terhadap regulasi.                     regulatory compliance. Some points of the strategies that
   Beberapa strategi poin yang akan diterapkan oleh Bank                  will applied by the Bank are as follows:
   sebagai berikut:
   a. Melanjutkan penerapan 3 No’s (No Delay, No Error &                   a.   Continuing the application of 3 No’s (No Delay, No
       No Fraud) serta memberikan service excellence kepada                     Error, & No Fraud) and providing service excellence to
       nasabah dalam rangka memastikan operasional Bank                         customers in order to ensure that the Bank’s operations
       berjalan dengan baik dan memadai;                                        run properly and adequately;
   b. Melakukan tinjauan dan pengembangan terhadap kontrol                 b.   Reviewing and developing effective controls of
       pengamanan sistem teknologi informasi yang efektif dan                   information technology system security and a healthy
       tingkat kepatuhan yang baik terhadap ketentuan pihak                     compliance with regulator’s provisions; and
       regulator; dan
   c. Melanjutkan penguatan dan pengembangan operasional                   c.   Continuing operational strengthening and development
       serta pemenuhan ketentuan terkait kepatuhan untuk                        as well as compliance with compliance-related
       meningkatkan interaksi dan layanan kepada nasabah,                       regulations to increase interaction and service to
       percepatan management oversight kepada seluruh                           customers, accelerate management oversight of all
       cabang atau lini usaha dan penunjang rencana bisnis,                     branches or business lines and supporting business
       serta operasional yang berkelanjutan, seperti di                         plans, as well as sustainable operations, among others,
       antaranya pengembangan layanan dan produk perbankan                      developing banking services and products in form
       dengan bentuk digital banking, loan origination system,                  of digital banking, loans origination system, credit
       aplikasi kredit scoring, big data, dan digitalisasi proses               scoring application, big data, and customer on boarding
       customer on boarding.                                                    digitalization process.


    Selain itu, strategi peningkatan infrastruktur dan teknologi           Furthermore, strategies for improving infrastructure and
    serta perbaikan fundamental Bank untuk periode jangka                  technology as well as improving the Bank’s fundamentals for
    pendek dan menengah yang terkoneksi antara channels,                   the short-term and medium-term period connected between
    data, dan analisis trends dari digital channels, data                  channels, data, and trend analysis from digital channels, data
    warehouse, dan monitoring akan dibangun dalam kurun                    warehouse, and monitoring will be developed within the next
    waktu 2-3 tahun ke depan. Bank juga akan membangun dan                 2 to 3 years. The Bank will also build and plan an IT Strategic
    merencanakan proses IT Strategic Plan untuk jangka panjang             Plan process for the long-term strategy that focuses on:
    yang berfokus pada:
    a. Meningkatkan dan melakukan update aplikasi dan                      a.   Improving and updating Bank applications              and
        infrastruktur Bank untuk mendukung kebutuhan bisnis;                    infrastructure to support business needs;
    b. Meningkatkan manajemen proyek berdasarkan system
        development live cycle (SDLC) menggunakan metode                   b.   Improving project management based on the system
        agile/scrum maupun dengan metode waterfall; dan                         development live cycle (SDLC) using the agile/scrum
    c. Meningkatkan koordinasi dan komunikasi dalam                             method and the waterfall method; and
        pengembangan IT secara internal dan dengan pemangku                c.   Improving coordination and communication in
        kepentingan Bank.                                                       developing IT internally and with Bank stakeholders.




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Strategi Pemasaran                                                                         Marketing Strategy

Bank telah menerapkan berbagai strategi pemasaran dalam                                    The Bank has implemented various marketing strategies to
rangka meningkatkan penjualan produk-produk Bank,                                          increase the Bank’s product sales, maintain market share,
mempertahankan pangsa pasar, meraih peluang usaha, serta                                   gain business opportunities, and face competition through the
menghadapi persaingan melalui strategi-strategi berikut:                                   following strategies:
1. Mewujudkan inovasi produk dan layanan digital maupun                                    1. Realizing digital product and service innovation as well
    pengembangannya dengan dukungan sistem teknologi                                            as their development with the support of information
    informasi guna menciptakan keunggulan kompetitif dan                                        technology systems to create competitive advantage and
    loyalitas nasabah dalam rangka mendorong pendapatan                                         customer loyalty to encourage operational income, including
    operasional termasuk fee based income dan memperluas                                        fee-based income, and expand market share;
    pangsa pasar;
2. Melanjutkan evaluasi dan merelokasi jaringan kantor ke                                  2. Continuing to evaluate and relocate office networks to more
    lokasi bisnis yang lebih menguntungkan; dan                                               profitable business locations; and
3. Mengoptimalkan peran jaringan kantor guna memperluas                                    3. Optimizing the role of office networks to expand market
    pangsa pasar termasuk pengenalan secara intensif terhadap                                 share, including intensive introduction of digital products
    produk dan layanan digital sebagai inovasi terkini yang                                   and services as the latest provided innovations.
    diberikan.



Pangsa Pasar                                                                               Market Share

Bank Victoria menghadapi persaingan dengan seluruh bank                                    Bank Victoria faces competition with all conventional commercial
umum konvensional kelompok bank berdasarkan modal inti                                     banks in the bank group based on core capital (KBMI) I
(KBMI) I (Bank dengan Modal Inti Rp1 triliun sampai dengan                                 (Bank with Core Capital of Rp1 trillion to Rp6 trillion) and the
Rp6 triliun) dan industri perbankan di Indonesia dalam                                     banking industry in Indonesia in determining market dominance.
menentukan penguasaan pasar. Persaingan usaha tersebut                                     Such business competition can be seen based on the total assets
antara lain dapat dilihat berdasarkan total aset yang dimiliki,                            owned, the total third party funds collected, and the total loans
total dana pihak ketiga yang berhasil dihimpun, dan total kredit                           by the Bank as follows:
yang diberikan oleh Bank sebagai berikut:

                                                                                        (dalam miliar Rupiah, kecuali dinyatakan lain / in billion Rupiah, unless stated otherwise)


                                                     2023                                                        2022*

        Uraian                                                          DPK                                                           DPK                   Description
                                 Aset               Kredit                                   Aset                Kredit
                                                                     Third-Party                                                   Third-Party
                                Assets              Loans                                   Assets               Loans
                                                                       Funds                                                         Funds
 Perbankan Nasional                                                                                                                                         National Banking
                             11,765,838            7,090,243           8,457,929          11,113,321            6,497,620            8,153,590
 (BUK)                                                                                                                                                                 (BUK)

 KBMI 1                        1,377,864             754,649             918,307            1,436,185             772,695              989,871                          KBMI 1

 Bank Victoria                     29,624              18,629              22,429              25,932               15,825               19,372                  Bank Victoria

 Pangsa Pasar                                                                                                                                                 Market Share to
                                      0.25                0.26                0.27                0.23                 0.24                 0.24
 terhadap BUK (%)                                                                                                                                                    BUK (%)

 Pangsa Pasar                                                                                                                                                 Market Share of
                                      2.15                2.47                2.44                1.81                 2.05                 1.96
 terhadap KBMI 1 (%)                                                                                                                                              KBMI 1 (%)

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Secara keseluruhan pangsa pasar Bank Victoria terhadap                                     Overall, Bank Victoria’s market share in banking industry and
Industri Perbankan dan KBMI I dari segi aset, DPK, dan kredit                              KBMI I in terms of assets, third party funds, and loans increased
mengalami peningkatan dibandingkan dengan pangsa pasar                                     compared to the previous year’s market share.
tahun sebelumnya.




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                             107
Page 110
        Analisis dan Pembahasan Manajemen
        Management Discussion and Analysis




Suku Bunga Dasar Bank                                                    Prime Lending Rate

Berdasarkan        Peraturan      Otoritas  Jasa    Keuangan             Pursuant to the Financial Services Authority Regulation
No. 37/POJK.03/2019 tentang Transparansi dan Publikasi                   No. 37/POJK.03/2019 on Transparency and Publication
Laporan Bank dan Surat Edaran Otoritas Jasa Keuangan                     of Bank Reports and Financial Services Authority Circular
No. 9/SEOJK.03/2020 tentang Transparansi dan Publikasi Laporan           No. 9/SEOJK.03/2020 on Transparency and Publication of
Bank Umum Konvensional, bank umum yang menjalankan                       Conventional Commercial Bank Reports, commercial banks
kegiatan usaha secara konvensional memiliki kewajiban untuk              that carry out conventional business activities are required to
melaporkan dan mempublikasikan Suku Bunga Dasar Kredit                   report and publish Prime Lending Rate (SBDK) in Rupiah. This
(SBDK) dalam mata uang Rupiah. Publikasi ini untuk memberikan            publication is to provide clarity and make it easier for customers
kejelasan dan memudahkan nasabah dalam menimbang manfaat,                to consider benefits, costs, and risks of the loans offered.
biaya, dan risiko kredit yang ditawarkan.


SBDK digunakan sebagai pedoman penetapan suku bunga kredit               SBDK is used as the guideline for determining the lending rate that
yang akan dikenakan kepada nasabah. Namun demikian, SBDK                 will be charged to customers. However, SBDK does not calculate
belum memperhitungkan komponen estimasi premi risiko yang                the risk premium estimation component, the amount of which
besarnya tergantung dari penilaian Bank terhadap risiko masing-          depends on the Bank’s assessment of the risks of each debtor or
masing debitur atau kelompok debitur. Bank senantiasa meninjau           group of debtors. The Bank constantly reviews and updates prime
ulang dan memperbarui SBDK sesuai dengan pergerakan suku                 lending rate according to movements in benchmark interest rate
bunga acuan BI 7-day (Reverse) Repo Rate. Adapun tingkat SBDK            BI 7-day (Reverse) Repo Rate. The Bank’s SBDK is described as
Bank diuraikan sebagai berikut:                                          follows:


Tingkat Suku Bunga Penghimpunan Dana Rata-Rata Setahun
Annual Average Interest Rate of Funding
                                                                                                                               (dalam % / in %)


                 Uraian                             2023                           2022                           Description

 Giro                                                                                                                      Demand Deposits

   Rupiah                                           0.86                           3.30                                            Rupiah

   Dolar Amerika Serikat                            0.48                           0.58                               United States Dollar

 Tabungan                                                                                                                  Savings Deposits

   Rupiah                                           1.06                           3.80                                            Rupiah

   Dolar Amerika Serikat                             N/A                            N/A                               United States Dollar

 Deposito Berjangka                                                                                                           Time Deposits

   Rupiah                                           5.20                           4.42                                            Rupiah

   Dolar Amerika Serikat                            2.97                           1.57                               United States Dollar




Tingkat Suku Bunga Dasar Kredit Rupiah (Prime Lending Rate) Per Tahun
Rupiah Prime Lending Rate Per Year
                                                                                                                               (dalam % / in %)


                                                                                     Kredit Konsumsi2)
                                   Kredit                                            Consumer Credit2)
                                 Korporasi2)    Kredit Ritel2)    Kredit Mikro3)
          Komponen1)                                                                  KPR        Non-KPR4)            Component1)
                                 Corporate      Retail Credit2)   Micro Credit3)
                                  Loans2)                                            House       Non-House
                                                                                     Loan          Loan4)
 Harga Pokok Dana untuk Kredit (HPDK) / Cost of Funds for Loans (HPDK)

 Biaya Dana                          5.72              5.72              -                5.72       5.72                     Cost of Funds

   Biaya Dana Pihak Ketiga           4.80              4.80              -                4.80       4.80        Cost of Third-Party Funds

   Biaya Dana Bukan Pihak                                                                                         Cost of Non-Third-Party
                                     0.92              0.92              -                0.92       0.92
   Ketiga                                                                                                                          Funds




108         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                                                                                     Kredit Konsumsi2)
                                   Kredit                                            Consumer Credit2)
                                 Korporasi2)   Kredit Ritel2)    Kredit Mikro3)
       Komponen1)                                                                    KPR        Non-KPR4)             Component1)
                                 Corporate     Retail Credit2)   Micro Credit3)
                                  Loans2)                                           House       Non-House
                                                                                    Loan          Loan4)

     Biaya Dana Liabilitas                                                                                      Cost of Liability Funds
                                    0.22             0.22              -              0.22          0.22
     kepada Bank Lain                                                                                                   to Other Banks

     Biaya Dana Liabilitas                                                                                      Cost of Liability Funds
                                    0.00             0.00              -              0.00          0.00
     kepada Bank Indonesia                                                                                          to Bank Indonesia

     Biaya Dana Surat
                                    0.70             0.70              -              0.70          0.70       Cost of Securities Funds
     Berharga

     Biaya Dana Pinjaman
                                    0.00             0.00              -              0.00          0.00      Cost of Borrowing Funds
     yang Diterima

     Biaya Dana Liabilitas                                                                                          Cost of Inter-Office
                                    0.00             0.00              -              0.00          0.00
     antar Kantor                                                                                                       Liability Funds

     Biaya Dana Liabilitas                                                                                      Cost of Capital Finance
                                    0.00             0.00              -              0.00          0.00
     Keuangan Permodalan                                                                                                 Liability Funds

  Biaya Dana Lainnya                0.00             0.00              -              0.00          0.00              Cost of Other Funds

     Biaya Promosi dan                                                                                          Cost of Promotion and
     Pemasaran terkait              0.00             0.00              -              0.00          0.00          Marketing related to
     Pendanaan                                                                                                                Funding

     Lainnya                        0.00             0.00              -              0.00          0.00                         Others

  Biaya Jasa                        0.02             0.02              -              0.02          0.02                  Cost of Services

  Biaya Regulasi                    0.59             0.59              -              0.59          0.59              Cost of Regulations

                                                                                                                     Cost of Statutory
     Biaya GWM                      0.39             0.39              -              0.39          0.39
                                                                                                                 Reserve Requirement

     Biaya Premi Penjaminan                                                                                            Cost of Deposit
     Lembaga Penjamin               0.20             0.20              -              0.20          0.20        Insurance Corporation
     Simpanan                                                                                                     Guarantee Premium

  HPDK Lainnya                      0.00             0.00              -              0.00          0.00                      Other HPDK

     Biaya Kas                      0.00             0.00              -              0.00          0.00                   Cost of Cash

     Lainnya                        0.00             0.00              -              0.00          0.00                         Others

Biaya Overhead / Overhead Cost

  Biaya Tenaga Kerja                0.68             0.68              -              0.68          0.68                       Labor Cost

  Biaya Pendidikan dan                                                                                            Education and Training
                                    0.03             0.03              -              0.03          0.03
  Pelatihan                                                                                                                         Cost

  Biaya Penelitian dan                                                                                        Research and Development
                                    0.03             0.03              -              0.03          0.03
  Pengembangan                                                                                                                    Cost

  Biaya Sewa                        0.06             0.06              -              0.06          0.06                        Rent Cost

  Biaya Promosi dan                                                                                             Promotion and Marketing
                                    0.02             0.02              -              0.02          0.02
  Pemasaran                                                                                                                        Cost

     Cash Back                      0.00             0.00              -              0.00          0.00                     Cash Back

     Hadiah                         0.00             0.00              -              0.00          0.00                           Gifts

                                                                                                                        Advertising and
     Iklan dan Promosi              0.02             0.02              -              0.02          0.02
                                                                                                                            Promotion

     Sponsorship/                                                                                                        Sponsorship/
                                    0.00             0.00              -              0.00          0.00
     Entertainment                                                                                                      Entertainment

     Lainnya                        0.00             0.00              -              0.00          0.00                         Others

  Biaya Pemeliharaan dan                                                                                         Maintenance and Repair
                                    0.02             0.02              -              0.02          0.02
  Perbaikan                                                                                                                       Cost




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk          109
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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




                                                                                                                Kredit Konsumsi2)
                                            Kredit                                                              Consumer Credit2)
                                          Korporasi2)          Kredit Ritel2)        Kredit Mikro3)
          Komponen1)                                                                                            KPR            Non-KPR4)                  Component1)
                                          Corporate            Retail Credit2)       Micro Credit3)
                                           Loans2)                                                             House           Non-House
                                                                                                               Loan              Loan4)

    Biaya Penyusutan Aset                                                                                                                        Depreciation of Fixed Asset
                                                0.12                   0.12                   -                   0.12               0.12
    Tetap dan Inventaris                                                                                                                                 and Inventory Cost

    Biaya Overhead Lainnya                      0.06                   0.06                   -                   0.06               0.06                Other Overhead Cost

        Biaya Barang/Jasa dan                                                                                                                          Goods/Services and
                                                0.06                   0.06                   -                   0.06               0.06
        Administrasi                                                                                                                                   Administration Cost

        Lainnya                                 0.00                   0.00                   -                   0.00               0.00                              Others

 Margin Keuntungan                             2.35                    3.10                   -                   2.35              4.60                             Profit Margin

 Suku Bunga Dasar Kredit
                                               9.70                  10.45                    -                   9.70             11.95            Prime Lending Rate (SBDK)
 (SBDK)

 Estimasi Premi Risiko                         1.00                    1.50                   -                   1.25              1.75              Risk Premium Estimation

 Suku Bunga Kredit (SBDK +                                                                                                                         Loan Interest Rate (SBDK +
                                              10.70                  11.95                    -                 10.95              13.70
 Estimasi Premi Risiko)                                                                                                                             Risk Premium Estimation)

Keterangan:
1) Masing-masing komponen diisi sepanjang digunakan untuk membiayai kredit; / Each component is filled in as long as it is used to finance credit;
2) Penggolongan kredit korporasi, kredit ritel, dan kredit konsumsi (KPR dan Non-KPR) dilakukan berdasarkan kriteria yang ditetapkan oleh internal Bank; /
   The classification of corporate credit, retail credit, and consumer credit (House Loan and Non-House Loan) is carried out based on the criteria set by the Bank’s internal party;
3) Penggolongan kredit mikro berpedoman pada definisi usaha mikro; serta / The classification of micro credit refers to the definition of micro business; and
4) Tidak termasuk kartu kredit dan kredit tanpa agunan (KTA). / Does not include credit cards and unsecured credit (KTA).



Tingkat Suku Bunga Pinjaman Rata-Rata Setahun
Annual Average Interest Rate of Loans
                                                                                                                                                                      (dalam % / in %)


                         Uraian                                               2023                                    2022                                Description

 Rupiah                                                                       9.85                                     9.72                                                  Rupiah

 Dolar Amerika Serikat                                                        8.85                                     7.07                                  United States Dollar




Tinjauan Segmen Usaha                                                                          Business Segment Overview

Penjelasan dan Kinerja Operasional Segmen                                                      Explanation and Operational Performance of
Operasi                                                                                        Operating Segment
Sebagai badan usaha yang bergerak dalam bidang perbankan,                                      As a business entity operating in banking sector, Bank Victoria’s
segmen operasi Bank Victoria hanya terdiri dari 1 (satu) segmen                                operating segment only consists of 1 (one) segment, namely the
yaitu segmen konvensional. Adapun uraian terkait kinerja segmen                                conventional segment. The description regarding the conventional
konvensional sepanjang tahun 2023 diuraikan sebagai berikut:                                   segment performance throughout 2023 is outlined as follows:


Segmen Konvensional                                                                            Conventional Segment
Segmen konvensional Bank Victoria terdiri atas produk simpanan,                                Bank Victoria’s conventional segment consists of savings
produk pinjaman, dan jasa layanan.                                                             products, loan products, and services.
1. Penghimpunan Dana (Simpanan)                                                                1. Funding (Savings)
    Produk simpanan merupakan dana pihak ketiga yang berhasil                                      Savings products are third party funds that have been
    dihimpun oleh Bank melalui berbagai produk tabungan, giro,                                     collected by the Bank through various savings deposits,
    dan deposito. Kinerja operasional produk simpanan Bank                                         demand deposits, and time deposits products. The operating
    dalam 2 (dua) tahun terakhir diuraikan sebagai berikut:                                        performance of the Bank’s savings products for the last
                                                                                                   2 (two) years is described as follows:




110          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 113
Total Rekening Dana Pihak Ketiga
Total Accounts of Third-Party Funds
                                                                                         (dalam unit rekening, kecuali dinyatakan lain / in account unit, unless stated otherwise)


                                                                                                                               Kenaikan
                                                        Komposisi                                     Komposisi              (Penurunan)
          Uraian                     2023              Composition                 2022              Composition               Increase                   Description
                                                          (%)                                           (%)                   (Decrease)
                                                                                                                                 (%)
 Tabungan                           41,191                   65.71                42,100                   68.23                   (2.16)                   Savings Deposits

 Giro                                 2,564                   4.09                  2,461                   3.99                     4.19                  Demand Deposits

 Deposito Berjangka                 18,781                   29.96                16,947                   27.47                   10.82                       Time Deposits

 Negotiable Certificate                                                                                                                               Negotiable Certificate
                                        150                   0.24                    191                   0.31                 (21.47)
 Deposits                                                                                                                                                         Deposits

 Total                              62,686                 100.00                 61,699                 100.00                      1.59                                Total


Total rekening dana pihak ketiga yang berhasil dihimpun oleh                                The total accounts of third party funds collected by Bank Victoria
Bank Victoria tercatat sebesar 62.686 unit rekening pada tahun                              were 62,686 account units in 2023. This amount increased
2023. Jumlah tersebut meningkat 1,59% dari sebelumnya                                       by 1.59% from previously 61,699 account units in 2022. Such
tercatat sebesar 61.699 unit rekening pada tahun 2022.                                      increase was contributed by time deposits product of 10.82%.
Peningkatan tersebut dikontribusikan oleh produk deposito
berjangka sebesar 10,82%.


Total Dana Pihak Ketiga
Total Third-Party Funds
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                               Kenaikan
                                                        Komposisi                                     Komposisi              (Penurunan)
          Uraian                      2023             Composition                 2022*             Composition               Increase                   Description
                                                          (%)                                           (%)                   (Decrease)
                                                                                                                                 (%)
 Tabungan                          2,881,781                 12.85               3,148,224                 16.25                   (8.46)                   Savings Deposits

 Giro                              2,484,506                 11.08               2,383,881                 12.31                     4.22                  Demand Deposits

 Deposito Berjangka               16,668,585                 74.32              13,628,891                 70.35                   22.30                       Time Deposits

 Negotiable Certificate                                                                                                                               Negotiable Certificate
                                      394,309                 1.76                 210,841                   1.09                  87.02
 Deposits                                                                                                                                                         Deposits

 Total                            22,429,180               100.00              19,371,837                100.00                    15.78                                 Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.


Sementara itu, total dana pihak ketiga yang berhasil dihimpun                               Meanwhile, the total third party funds collected by Bank Victoria
Bank Bank Victoria per 31 Desember 2023 mengalami                                           as of 31 December 2023 increased by 15.78% from previously
peningkatan sebesar 15,78% dari sebelumnya sebesar Rp19,37                                  Rp19.37 trillion as of 31 December 2022 to Rp22.43 trillion. This
triliun per 31 Desember 2022 menjadi Rp22,43 triliun. Hal                                   was affected by the increase in demand deposits, time deposits,
tersebut dipengaruhi oleh peningkatan giro, deposito berjangka,                             and negotiable certificate deposits.
dan negotiable certificate deposits.

2. Penyaluran Dana (Pinjaman)                                                               2. Lending (Loans)
   Produk pinjaman merupakan pemberian kredit kepada pihak                                     Loan products are credit provision to third parties, either
   ketiga, baik perorangan maupun perusahaan. Pelaksanaan                                      individual or company. The provision of loans is carried out
   pemberian kredit dilakukan dengan tetap memperhatikan                                       with due regard to the prudential principles and sound credit
   prinsip kehati-hatian dan prosedur perkreditan yang sehat.                                  procedures. Loan product performance throughout 2023 is
   Kinerja produk pinjaman sepanjang tahun 2023 diuraikan                                      described as follows:
   sebagai berikut:




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                              111
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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




Produk Pinjaman berdasarkan Pihak
Loan Products by Parties
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                               Kenaikan
                                                        Komposisi                                     Komposisi              (Penurunan)
          Uraian                      2023             Composition                 2022*             Composition               Increase                   Description
                                                          (%)                                           (%)                   (Decrease)
                                                                                                                                 (%)
 Pihak Ketiga                    18,484,847                  99.23               15,751,345                99.54                   17.35                         Third Parties

 Pihak Berelasi                      143,896                  0.77                    73,266                 0.46                  96.40                      Related Parties

 Total                           18,628,743                100.00               15,824,611               100.00                    17.72                                 Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.



Pada tahun 2023, Bank Victoria menyalurkan pinjaman kepada                                 In 2023, Bank Victoria disbursed loans to third parties of Rp18.48
pihak ketiga sebesar Rp18,48 triliun, meningkat 17,35%                                     trillion, an increase of 17.35% compared to in 2022 of Rp15.75
dibandingkan tahun 2022 sebesar Rp15,75 triliun. Sedangkan                                 trillion. Meanwhile, to related parties, the Bank disbursed loans
kepada pihak berelasi, Bank menyalurkan pinjaman sebesar                                   of Rp143.90 billion, higher than that of the previous year of
Rp143,90 miliar, lebih tinggi dibandingkan tahun sebelumnya                                Rp73.27 billion. Compositionally, loan products based on parties
sebesar Rp73,27 miliar. Secara komposisi, produk pinjaman                                  were dominated by loans to third parties with a composition of
berdasarkan pihak tetap didominasi oleh pinjaman kepada pihak                              99.23%.
ketiga dengan komposisi 99,23%.


Produk Pinjaman berdasarkan Jenis Pinjaman
Loan Products by Types of Loans
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                               Kenaikan
                                                        Komposisi                                     Komposisi              (Penurunan)
          Uraian                      2023             Composition                 2022*             Composition               Increase                   Description
                                                          (%)                                           (%)                   (Decrease)
                                                                                                                                 (%)
 Pinjaman Tetap                    9,697,513                 52.06                8,860,926                55.99                     9.44                         Fixed Loans

 Pinjaman Konsumen                   164,627                  0.88                  167,465                  1.06                  (1.69)                   Consumer Loans

 Pinjaman Rekening
                                   1,871,767                 10.05                1,677,755                10.60                   11.56                     Overdraft Loans
 Koran

 Pinjaman Tetap dengan                                                                                                                                      Fixed Loans with
                                   6,864,293                 36.85                5,078,177                32.09                   35.17
 Angsuran                                                                                                                                                       Installments

 Pinjaman Serba Guna                   30,543                 0.16                   40,288                  0.25                 (24.19)                        Other Loans

 Total                           18,628,743                100.00               15,824,611               100.00                    17.72                                 Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Sepanjang tahun 2023, Bank menyalurkan total pinjaman sebesar                              Throughout 2023, the Bank disbursed total loans of Rp18.63
Rp18,63 triliun, meningkat sebesar 17,72% dibandingkan tahun                               trillion, an increase of 17.72% compared to Rp15.82 trillion in
2022 sebesar Rp15,82 triliun. Peningkatan ini khususnya karena                             2022. This increase was mainly due to fixed loan products with
produk pinjaman tetap dengan angsuran, rekening koran, dan                                 installments, overdraft loans, and fixed loans.
pinjaman tetap.




112          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Produk Pinjaman berdasarkan Sektor Ekonomi
Loan Products by Economic Sector
                                                                                          (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                                Kenaikan
                                                        Komposisi                                     Komposisi               (Penurunan)
            Uraian                    2023             Composition                 2022*             Composition                Increase                  Description
                                                          (%)                                           (%)                    (Decrease)
                                                                                                                                  (%)
 Lembaga Pembiayaan                 5,563,012                29.86                3,810,285                 24.08                   46.00                            Financing

 Perdagangan, Restoran,                                                                                                                                 Trading, Restaurant,
                                    3,574,240                19.19                3,471,734                 21.94                    2.95
 dan Hotel                                                                                                                                                        and Hotel

 Industri                           2,186,357                11.74                1,546,407                  9.77                   41.38                              Industry

 Real Estat                         2,533,799                13.60                2,434,559                 15.38                    4.08                          Real Estate

 Konstruksi                           852,268                  4.58                 782,272                  4.94                   (5.68)                       Construction

 Jasa-Jasa Sosial/                                                                                                                                         Social Community
                                      349,351                  1.88                 423,151                  2.67                 (17.44)
 Masyarakat                                                                                                                                                          Service

 Lain-Lain                          3,569,716                19.16                3,356,203                 21.21                    9.77                               Others

 Total                            18,628,743                100.00              15,824,611                100.00                   17.72                                  Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.



Berdasarkan sektor ekonomi, kontribusi penyaluran pinjaman                                 Based on economic sector, the largest contribution to lending
terbesar pada tahun 2023 berasal dari sektor lembaga                                       in 2023 came from the financing sector of Rp5.56 trillion or
pembiayaan sebesar Rp5,56 triliun atau 29,86% dari total                                   29.86% of the total loans. Meanwhile, the smallest contribution
pinjaman. Sedangkan, kontribusi penyaluran pinjaman terkecil                               to lending in 2023 came from social community service sector of
pada tahun 2023 berasal dari sektor jasa-jasa sosial/masyarakat                            Rp349.35 billion or 1.88% of the total loans.
sebesar Rp349,35 miliar atau 1,88% dari total pinjaman.


Produk Pinjaman UMKM
MSME Loan Products
                                                                                          (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                                Kenaikan
                                                        Komposisi                                     Komposisi               (Penurunan)
            Uraian                    2023             Composition                 2022*             Composition                Increase                  Description
                                                          (%)                                           (%)                    (Decrease)
                                                                                                                                  (%)
 Usaha Mikro                                  -                    -                        -                     -                       -                    Micro Business

 Usaha Kecil                           16,499                 0.54                   20,696                   0.85                 (20.28)                     Small Business

 Usaha Menengah                    3,037,478                 99.46               2,424,657                  99.15                   25.27                   Medium Business

 Total                             3,053,977               100.00                2,445,353                100.00                    24.89                                 Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Pada tahun 2023, kinerja pinjaman UMKM mengalami                                           In 2023, the performance of MSME loans increased by 24.89%
peningkatan sebesar 24,89% dibandingkan tahun sebelumnya                                   compared to that of the previous year of Rp2.45 trillion in 2022.
tercatat sebesar Rp2,45 triliun pada tahun 2022. Peningkatan                               Such increase was mainly due to the increase in medium business
tersebut terutama disebabkan oleh kenaikan pada usaha                                      by 25.27%.
menengah sebesar 25,27%.




                                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                            113
Page 116
        Analisis dan Pembahasan Manajemen
        Management Discussion and Analysis




3. Jasa Layanan                                                                             3. Services
   Bank Victoria memberikan berbagai layanan penunjang yang                                    Bank Victoria provides a variety of supporting services aimed
   bertujuan untuk memudahkan nasabah dalam melakukan                                          at facilitating customers in conducting banking transactions.
   transaksi perbankan. Pada tahun 2023, kinerja operasional                                   In 2023, the operational performance of Bank Victoria’s
   dari layanan perbankan Bank Victoria diuraikan sebagai                                      banking services was described as follows:
   berikut:


Layanan Keuangan
Financial Services
                                                                                          (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                                 Kenaikan
                                                        Komposisi                                       Komposisi              (Penurunan)
           Uraian                     2023             Composition                 2022*               Composition               Increase                   Description
                                                          (%)                                             (%)                   (Decrease)
                                                                                                                                   (%)
 Kliring                             584,733                 31.00                  116,756                   4.61                   400.82                             Clearing

 Postpaid                               7,748                 0.41                        699                 0.03                 1,008.44                             Postpaid

 Prepaid                                  111                 0.01                           9                0.00                 1,133.33                              Prepaid

 Pembayaran Telkom                      8,429                 0.45                        805                  0.03                  947.08                   Telkom Payment

 Pembayaran Gaji                                                                                                                                            Employees’ Salary
                                       14,597                 0.77                     4,762                   0.19                  206.53
 Karyawan                                                                                                                                                          Payments

 ATM Victoria                      1,270,649                 67.36                2,408,529                  95.14                   (47.24)                       ATM Victoria

 Total                             1,886,267               100.00                 2,531,560                100.00                   (25.49)                                Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.



Pada tahun 2023, jasa layanan keuangan Bank Victoria tercatat                               In 2023, Bank Victoria’s financial services decreased by 25.49%,
mengalami penurunan sebesar 25,49%, dari Rp2,53 triliun di                                  from Rp2.53 trillion in 2022 to Rp1.89 trillion in 2023. Such
tahun 2022 menjadi Rp1,89 triliun di tahun 2023. Penurunan                                  decrease was mainly from ATM Victoria.
tersebut bersumber dari ATM Victoria.



Layanan Bank Devisa                                                                         Foreign Exchange Bank Services

Total Rekening Dana Pihak Ketiga Layanan Bank Devisa
Total Third-Party Accounts for Foreign Exchange Bank Services
                                                                                          (dalam unit rekening, kecuali dinyatakan laint / in account unit, unless stated otherwise)


                                                                                                                                 Kenaikan
                                                        Komposisi                                       Komposisi              (Penurunan)
           Uraian                     2023             Composition                 2022                Composition               Increase                   Description
                                                          (%)                                             (%)                   (Decrease)
                                                                                                                                   (%)
 Giro                                 2,564                  11.93                  686                      70.29                  273.76                   Demand Deposits

 Deposito Berjangka                 18,931                   88.07                  290                      29.71                 6,427.93                      Time Deposits

 Total                              21,495                 100.00                   976                    100.00                  2,102.36                                Total



Total rekening dana pihak ketiga dari layanan bank devisa di                                Total third party fund accounts from foreign exchange bank
tahun 2023 mencapai 21.495 unit rekening. Jumlah tersebut                                   services in 2023 reached 21,495 account units. This number
mengalami peningkatan signifikan sebesar 2.102,36% dibanding                                increased significantly by 2,102.36% compared to that of 2022
tahun 2022 yang mencapai 976 unit rekening. Peningkatan                                     of 976 account units. Such increase was affected by time deposits
tersebut dipengaruhi oleh deposito berjangka sebesar 6.427,93%.                             of 6,427.93%.




114          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Total Dana Pihak Ketiga Layanan Bank Devisa
Total Third-Party Funds for Foreign Exchange Bank Services
                                                                                          (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                                Kenaikan
                                                        Komposisi                                     Komposisi               (Penurunan)
          Uraian                      2023             Composition                 2022*             Composition                Increase                  Description
                                                          (%)                                           (%)                    (Decrease)
                                                                                                                                  (%)
 Giro                               2,484,505                12.71                  65,828                  12.28                3,674.24                   Demand Deposits

 Deposito Berjangka               17,062,893                 87.29                470,087                   87.72                3,529.73                       Time Deposits

 Total                            19,547,398               100.00                 535,915                 100.00                 3,547.48                                 Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.



Sejalan dengan meningkatnya jumlah rekening dana pihak ketiga                              In line with the increase in the total accounts of third party
dari layanan bank devisa di tahun 2023, dana yang terkumpul                                deposits from foreign exchange bank services in 2023, the funds
juga mengalami peningkatan sebesar 3.547,48% menjadi                                       collected also increased by 3,547.48% from previously Rp19.55
Rp19,55 triliun dari sebelumnya Rp535,92 miliar di tahun 2022.                             trillion to Rp535.92 billion in 2022. Such case mainly came from
Hal tersebut terutama bersumber dari deposito berjangka yang                               time deposits that increased by 3,529.73%.
meningkat sebesar 3.529,73%.



Transaksi melalui Jaringan Layanan Utama                                                   Transactions through the Main Service
                                                                                           Network

Jumlah Transaksi
Total Transactions

                                                                                                                                Kenaikan
                                                        Komposisi                                     Komposisi               (Penurunan)
          Uraian                      2023             Composition                 2022              Composition                Increase                  Description
                                                          (%)                                           (%)                    (Decrease)
                                                                                                                                  (%)
 Mobile Banking                    1,765,192                   71.78               154,027                  14.55                1,046.03                     Mobile Banking

 Internet Banking                      17,118                   0.70                 15,285                  1.44                    11.99                  Internet Banking

 Teller                                12,974                   0.53                 16,042                  1.52                  (19.12)                                Teller

 ATM                                 664,001                   26.99               873,078                  82.49                  (23.95)                                 ATM

 Total                             2,459,285                  100.00             1,058,432                100.00                   132.35                                 Total



Nilai Transaksi
Total Transactions
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                                                                Kenaikan
                                                        Komposisi                                     Komposisi               (Penurunan)
          Uraian                      2023             Composition                 2022              Composition                Increase                  Description
                                                          (%)                                           (%)                    (Decrease)
                                                                                                                                  (%)
 Mobile Banking                     9,747,257                74.86                  735,230                  4.47                1,225.74                     Mobile Banking

 Internet Banking                     479,592                 3.68                4,763,052                 28.93                  (89.93)                  Internet Banking

 Teller                             1,524,000                11.70                8,557,229                 51.98                  (82.19)                                Teller

 ATM                                1,270,649                 9.76                2,408,529                 14.63                  (47.24)                                 ATM

 Total                            13,021,498               100.00               16,464,040                100.00                   (20.91)                                Total




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                             115
Page 118
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Pada tahun 2023, nilai transaksi yang dibukukan Bank Victoria             In 2023, the transaction value recorded by Bank Victoria through
melalui jaringan layanan utama tercatat sebesar Rp13,02                   its main service network was Rp13.02 trillion, 20.91% lower
triliun, lebih rendah 20,91% dari periode sebelumnya yang                 than that of the previous period of Rp16.46 trillion. The highest
tercatat sebesar Rp16,46 triliun. Penurunan transaksi tertinggi           decline in transactions was contributed by internet banking and
dikontribusikan oleh internet banking dan teller.                         teller.



Pendapatan dan Profitabilitas                                             Income and Profitability

Kinerja profitabilitas segmen konvensional Bank Victoria                  The profitability performance of Bank Victoria’s conventional
sepanjang tahun 2023 disajikan sebagai berikut:                           segment throughout 2023 is presented as follows:


Segmen Usaha
Business Segment
                                                                        (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)

                Uraian                    Konvensional                 Syariah                        Eliminasi
                                                                                                                                            Total
              Description                 Conventional                 Sharia                        Elimination

                                                                   2023
 Pendapatan Bunga dan Syariah -
 Bersih                                        578,729                          -                                -                          578,729
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                               253,365                          -                                -                          253,365
 Other Operating Income

 Beban Operasional Lainnya
                                             (626,226)                          -                                -                        (626,226)
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                               205,868                          -                                -                          205,868
 Profit/(Loss) from Operations

 Total Aset
                                            29,624,240                          -                                -                      29,624,240
 Total Assets

 Total Liabilitas
                                            25,799,455                          -                                -                      25,799,455
 Total Liabilities

                                                                   2022*
 Pendapatan Bunga dan Syariah -
 Bersih                                        699,307                    34,074                                 -                          733,381
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                               377,772                     6,038                         (3,606)                            380,203
 Other Operating Income

 Beban Operasional Lainnya
                                              (663,475)                (36,042)                                  -                        (699,517)
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                               413,603                     4,070                         (3,606)                            414,066
 Profit/(Loss) from Operations

 Total Aset
                                            25,932,001                          -                                -                      25,932,001
 Total Assets

 Total Liabilitas
                                            22,231,538                          -                                -                      22,231,538
 Total Liabilities

                                            Kenaikan (Penurunan) / Increase (Decrease) (%)
 Pendapatan Bunga dan Syariah -
 Bersih                                         (17.24)                (100.00)                                  -                           (21.09)
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                                (32.93)                (100.00)                         (100.00)                             (33.36)
 Other Operating Income

 Beban Operasional Lainnya
                                                 (5.61)                (100.00)                                  -                           (10.48)
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                                (50.23)                (100.00)                         (100.00)                             (50.28)
 Profit/(Loss) from Operations




116         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                Uraian                              Konvensional                        Syariah                        Eliminasi
                                                                                                                                                             Total
              Description                           Conventional                        Sharia                        Elimination

 Total Aset
                                                             14.24                               -                                -                             14.24
 Total Assets

 Total Liabilitas
                                                             16.05                               -                                -                             16.05
 Total Liabilities

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.
                                                                                           ‘


Pada tahun 2023, segmen konvensional mencatatkan penurunan                                 In 2023, the conventional segment recorded a decrease in net
pendapatan bunga dan syariah - bersih sebesar 17,24%, dari                                 interest and sharia income of 17.24%, from previously Rp699.31
sebelumnya Rp699,31 miliar menjadi Rp578,73 miliar. Dari                                   billion to Rp578.73 billion. In terms of other operating income,
sisi pendapatan operasional lainnya, segmen konvensional                                   the conventional segment in 2023 decreased by 32.93% from
pada tahun 2023 menurun 32,93% dari sebelumnya mencapai                                    previously reaching Rp377.77 billion to Rp253.37 billion.
Rp377,77 miliar menjadi Rp253,37 miliar.


Dari segi profitabilitas, terjadi penurunan pada segmen                                    In terms of profitability, there was a decrease in the conventional
konvensional sebesar 50,23% dari sebelumnya menghasilkan                                   segment of 50.23% from previously a profit of Rp413.60 billion
laba sebesar Rp413,60 miliar menjadi Rp205,87 miliar di tahun                              to Rp205.87 billion in 2023. Meanwhile, the total assets and
2023. Sementara total aset dan liabilitas segmen konvensional                              liabilities of the conventional segment as of the end of 2023
per akhir tahun 2023 mengalami peningkatan masing-masing                                   increased by 14.24% and 16.05%, respectively.
sebesar 14,24% dan 16,05%.


Segmen Geografis
Geographical Segment
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)

                                                                                                        Jawa
                                                                                                     Tengah dan
               Uraian                                                  Jawa Barat                    Jawa Timur                 Luar Jawa
                                              Jadetabek                                                                                                         Total
             Description                                               West Java                       Central                  Non Java
                                                                                                      Java and
                                                                                                      East Java

                                                                                   2023
 Pendapatan Bunga dan Syariah
 - Bersih                                         605,904                    7,713                     (5,953)                   (28,934)                       578,729
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                                  244,425                    2,810                      3,732                         2,398                     253,365
 Other Operating Income

 Beban Operasional Lainnya
                                                  286,330                    2,492                    (39,104)                   (43,849)                       205,868
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                                  182,165                    2,491                    (39,049)                   (43,790)                       101,816
 Profit/(Loss) from Operations

 Total Aset
                                              28,781,507                  245,132                     398,883                     198,719                   29,624,240
 Total Assets

 Total Liabilitas
                                              23,861,711                  260,086                     756,951                     920,707                   25,799,455
 Total Liabilities

                                                                                   2022*
 Pendapatan Bunga dan Syariah
 - Bersih                                         739,975                     (410)                     7,588                     (13,772)                      733,381
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                                  372,687                      901                      4,885                         1,730                     380,203
 Other Operating Income

 Beban Operasional Lainnya
                                                  468,834                  (9,303)                    (20,516)                    (24,948)                      414,066
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                                  280,879                  (9,303)                    (20,454)                    (24,948)                      226,173
 Profit/(Loss) from Operations




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                             117
Page 120
       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




                                                                                                     Jawa
                                                                                                  Tengah dan
               Uraian                                                  Jawa Barat                 Jawa Timur                  Luar Jawa
                                              Jadetabek                                                                                                      Total
             Description                                               West Java                    Central                   Non Java
                                                                                                   Java and
                                                                                                   East Java

 Total Aset
                                               25,223,757                 133,707                    342,257                     232,281                  25,932,001
 Total Assets

 Total Liabilitas
                                               20,720,713                 244,547                    588,098                     678,179                  22,231,538
 Total Liabilities

                                                      Kenaikan (Penurunan) / Increase (Decrease) (%)
 Pendapatan Bunga dan Syariah
 - Bersih                                          (18.12)                1,979.10                   (178.46)                     110.10                      (21.09)
 Interest and Sharia Income - Net

 Pendapatan Operasional Lainnya
                                                   (34.42)                  211.77                     (23.60)                      38.63                     (33.36)
 Other Operating Income

 Beban Operasional Lainnya
                                                   (38.93)                  126.78                      90.60                       75.76                     (50.28)
 Other Operating Expenses

 Laba/(Rugi) Operasional
                                                   (35.14)                  126.77                      90.91                       75.52                     (54.98)
 Profit/(Loss) from Operations

 Total Aset
                                                     14.10                   83.34                      16.54                     (14.45)                       14.24
 Total Assets

 Total Liabilitas
                                                     15.16                     6.35                     28.71                       35.76                       16.05
 Total Liabilities

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.



Segmen geografis Bank Victoria terdiri dari 4 (empat) wilayah,                             The geographical segment of Bank Victoria is divided into 4 (four)
yakni Jadetabek, Jawa Barat, Jawa Tengah dan Jawa Timur, serta                             areas, which are Jadetabek, West Java, Central Java and East Java,
luar Jawa. Pertimbangan untuk membagi operasi bisnis menjadi 4                             and non Java. Considerations for dividing the business operations
(empat) segmen geografis ini didasarkan pada kondisi lingkungan                            into 4 (four) geographical segments are based on different
yang berbeda di setiap wilayah ekonomi tersebut, yang disertai                             environmental conditions in each of these economic areas, which
dengan jenis risiko dan peluang yang berbeda pula.                                         are accompanied by different types of risks and opportunities.


Dari segi pendapatan bunga dan syariah – bersih, wilayah Jawa                              In terms of net interest and sharia income, West Java area
Barat mencatatkan pertumbuhan tertinggi sebesar 1.979,10%,                                 recorded the highest growth of 1,979.10%, while Jadetabek,
sedangkan wilayah Jadetabek, Jawa Tengah dan Jawa Timur,                                   Central Java and East Java, and Outer Java areas recorded a
serta Luar Jawa mencatatkan penurunan masing-masing sebesar                                decline of 18.12%, 178.46%, and 110.10%, respectively. In
18,12%, 178,46%, dan 110,10%. Dari segi profitabilitas, terjadi                            terms of profitability, there was the highest increase in West Java
peningkatan tertinggi pada wilayah Jawa Barat sebesar 126,77%                              area of 126.77% from previously loss of Rp9.30 billion to profit
dari sebelumnya menghasilkan rugi sebesar Rp9,30 miliar                                    of Rp2.49 billion in 2023. Meanwhile, the profits in Jadetabek
menjadi laba sebesar Rp2,49 miliar di tahun 2023. Sementara                                area declined by 35.14%, from previously resulting a profit of
penurunan laba pada wilayah Jadetabek sebesar 35,14% dari                                  Rp280.88 billion to Rp182.17 billion in 2023.
sebelumnya menghasilkan laba sebesar Rp280,88 miliar menjadi
Rp182,17 miliar di tahun 2023.


Keempat segmen geografis ini mencatat peningkatan yang                                     These four geographical segments recorded increases of varying
beragam nilainya pada total aset dan liabilitas masing-masing,                             values in their respective total assets and liabilities, with the
dengan peningkatan aset tertinggi berdasarkan persentase                                   highest increase in assets by percentage occurring in West Java
terjadi di wilayah Jawa Barat sebesar 83,34%. Selain itu,                                  area by 83.34%. In addition, the largest increase in liabilities also
peningkatan liabilitas terbesar juga terjadi di wilayah Luar Jawa                          occurred in Non Java area with a growth of 35.76%.
dengan pertumbuhan sebesar 35,76%.




118          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 121
Prospek Usaha 2024                                                              2024 Business Outlook

Setelah mengalami pelambatan di tahun 2023, perekonomian                        After experiencing a slowdown in 2023, the global economy
global diperkirakan masih terus dibayangi berbagai risiko dan                   is expected to continue to be shadowed by various risks and
ketidakpastian. Mulai dari risiko pertumbuhan ekonomi Tiongkok                  uncertainties. Such matters start from the risk of weakening
yang melemah, harga komoditas yang volatile, geopolitik                         Chinese economic growth, volatile commodity price, geopolitics
perang Ukraina-Rusia dan konflik Palestina-Israel, fragmentasi                  of the Ukraine-Russia war and the Palestine-Israel conflict,
ekonomi, ancaman El Nino dan perubahan iklim, risiko debt-                      economic fragmentation, threat of El Nino and climate change,
distress, kontraksi PMI Manufaktur global, serta meningkatnya                   risk of debt-distress, contraction of global Manufacturing PMI, as
harga minyak dunia. Pertumbuhan ekonomi global diperkirakan                     well as rising world oil prices. Global economic growth is estimated
hanya tumbuh 2,8% pada tahun 2024. Berbeda dengan ekonomi                       to grow only 2.8% in 2024. In contrast to global economy,
global, perekonomian Indonesia diprediksi tumbuh pada kisaran                   the Indonesian economy is predicted to grow in the range of
4,7%-5,5% pada tahun 2024. Perbaikan ekonomi indonesia                          4.7%-5.5% in 2024. Improvement in Indonesian economy will
akan terus berlanjut yang ditopang oleh konsumsi swasta yang                    continue, supported by the increasing private consumption,
meningkat sejalan dengan terjaganya daya beli, dukungan                         in line with maintained purchasing power, support from fiscal
kebijakan fiskal dan moneter, serta makin besarnya peran                        and monetary policies, and increasing role of young millennial
generasi muda milenial.                                                         generation.


Selain itu, kinerja investasi juga diprediksi akan meningkat                    Furthermore, investment performance is also predicted to
seiring dengan peningkatan ekspor dan juga berlanjutnya                         increase in line with the increase in export and the continuation
PSN, sedangkan kinerja ekspor akan meningkat seiring dengan                     of National Strategic Program (PSN), while export performance
perbaikan prospek ekonomi global dan makin maraknya program                     will increase in line with improvements in global economic
hilirisasi di berbagai sektor. Konsistensi implementasi reformasi               outlook and increasing proliferation of downstream program in
struktural, termasuk melalui pembangunan infrastruktur,                         various sectors. Consistent implementation of structural reforms,
implementasi Undang-Undang Cipta Kerja, berbagai program                        including through infrastructure development, implementation
hilirisasi, akselerasi digitalisasi, dan penguatan sumber daya                  of Job Creation Law, various downstream programs, accelerated
manusia akan mampu memperkuat kapasitas perekonomian                            digitalization, and strengthening human resources, will
sehingga ekonomi dapat tumbuh lebih tinggi tanpa memberikan                     strengthen the economic capacity so as economy can grow
tekanan yang signifikan pada stabilitas.                                        higher without placing significant pressure on stability.


Sementara itu, pelonggaran juga dilakukan pada seluruh                          Meanwhile, loosening is also carried out on all macroprudential
instrumen kebijakan makroprudensial yang diarahkan pada                         policy instruments aimed at targeting loan/financing growth of
sasaran pertumbuhan kredit/pembiayaan mencapai sekitar                          around 10%-12% in 2024 and 11%-13% in 2025 with financial
10%-12% pada 2024 dan 11%-13% pada 2025 dengan stabilitas                       system stability maintained. The direction of macroprudential
sistem keuangan tetap terjaga. Arah kebijakan makroprudensial                   policy is based on a balance of three targets, namely optimal
dimaksud didasarkan pada keseimbangan tiga sasaran, yaitu                       loan growth, maintained financial system stability (SSK), and
pertumbuhan kredit optimal, stabilitas sistem keuangan (SSK)                    economic and financial inclusion. Optimizing such three targets
terjaga, serta inklusi ekonomi dan keuangan. Optimalisasi ketiga                is important to maintain conducive macrofinancial linkages,
sasaran ini penting untuk menjaga tetap kondusifnya keterkaitan                 including loan supply capacity by the Bank, loan demand from
makrofinansial, termasuk kapasitas penawaran kredit oleh                        priority sectors, the need to maintain adequate liquidity, and
perbankan, permintaan kredit dari sektor prioritas, perlunya                    mitigate SSK risks that may arise from volatility in Rupiah
menjaga kecukupan likuiditas, serta mitigasi risiko SSK yang                    exchange rate and rising Government Securities (SBN) yields.
dapat muncul dari volatilitas nilai tukar Rupiah dan naiknya yield
SBN.

                                                                                Source:
Sumber:                                                                         • Bank Indonesia, “Indonesia Economic Report 2023”; and
• Bank Indonesia, “Laporan Perekonomian Indonesia Tahun 2023”; dan              • Coordinating Ministry for the Economy of the Republic of Indonesia, “Press Release
• Kementerian Koordinator Bidang Perekonomian Republik Indonesia, “Siaran          - Pursuing Economic Growth Achievements in 2024, Coordinating Minister Airlangga
  Pers - Kejar Capaian Pertumbuhan Ekonomi di 2024, Menko Airlangga Tegaskan       Emphasizes the Importance of Synergy and Contribution to Building Optimism for
  Pentingnya Sinergi dan Kontribusi untuk Membangun Optimisme Ekonomi              the Indonesian Economy”.
  Indonesia”.




                                                               2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                     119
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      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Strategi dan Rencana Kerja 2024                                        Strategies and Work Plans in 2024

Dalam upaya menciptakan pertumbuhan yang berkelanjutan,                To create a sustainable growth, Bank Victoria has set short-term
Bank Victoria telah menetapkan target jangka pendek yang               targets to be achieved within the next one year and medium-term
akan dicapai dalam waktu setahun ke depan dan target                   targets for the next 3 (three) years with due observance of the
jangka menengah untuk 3 (tiga) tahun mendatang dengan                  Bank’s vision-mission, strategies, general policies, conditions
memperhatikan visi-misi, strategi, kebijakan umum, kondisi dan         and internal capacity, as well as forecasts for developments in
kapasitas internal Bank, serta perkiraan perkembangan kondisi          external environmental conditions to come. Several short-term
lingkungan eksternal pada tahun yang akan datang. Beberapa             targets to be achieved by Bank Victoria are outlined as follows:
target jangka pendek yang ingin dicapai Bank Victoria diuraikan
sebagai berikut:
1. Menjaga rasio kecukupan modal (CAR) di level yang kuat              1. Maintaining the capital adequacy ratio (CAR) at a strong level
    guna mengantisipasi potensi risiko dan pertumbuhan serta               to anticipate potential risks and growth as well as stricter
    regulasi permodalan yang lebih ketat;                                  capital regulations;
2. Meningkatkan pertumbuhan dana pihak ketiga dan total aset           2. Increasing the growth of third party funds and total assets at
    sekitar 7%-9% menyesuaikan kondisi ekonomi yang masih                  around 7%-9%, making adjustments to economic conditions
    penuh ketidakpastian dengan potensi pelambatan;                        which are still full of uncertainty with potential of slowdown;
3. Melanjutkan dan melakukan Penawaran Umum Berkelanjutan              3. Continuing and conducting a Sustainable Public Offering
    (PUB). Selain itu, Bank juga melanjutkan penerbitan                    (PUB). Moreover, the Bank also continues to issue negotiable
    negotiable certificate of deposit.                                     certificates of deposit.
4. Mempertahankan dan meningkatkan pertumbuhan margin                  4. Maintaining and increasing margin growth with an upward
    dengan kecenderungan naik yakni net interest margin                    trend, that is net interest margin by controlling the cost of
    dengan mengendalikan cost of fund;                                     funds;
5. Menambah jaringan kantor baru secara selektif untuk                 5. Adding new office networks selectively to expand geographic
    memperluas area geografis dan optimalisasi melalui evaluasi            area and optimizing through evaluating performance of the
    kinerja jaringan kantor cabang yang telah ada, sehingga dapat          existing branch office network, so as to improve its customer
    meningkatkan layanan nasabah, efisiensi, dan produktivitas;            service, efficiency, and productivity;
6. Melanjutkan sinergi pengembangan bisnis dengan Grup                 6. Continuing business development synergy with the business
    usaha melalui pemanfaatan jaringan Kantor Cabang untuk                 group by utilizing Office network for Sharia Bank (LSB)
    Layanan Syariah Bank (LSB) dengan tetap memperhatikan                  Services while still observing the prudential principles in
    prinsip kehati-hatian dalam pelaksanaan sinergi perbankan;             implementing banking synergy;
7. Melanjutkan pengembangan inovasi dan layanan produk                 7. Continuing innovation development and Bank product
    Bank guna memenuhi dan meningkatkan kebutuhan nasabah;                 services to meet and improve customer needs;
8. Mengurangi agunan yang diambil alih (AYDA), serta                   8. Reducing foreclosed assets (AYDA), and improving credit
    memperbaiki kualitas kredit dengan menekan rasio NPL di                quality by reducing the net NPL ratio at the end of 2024;
    akhir tahun 2024;                                                  9. Implementing and developing an information technology-
9. Menerapkan dan mengembangkan sistem informasi                           based management information system with high quality
    manajemen berbasis teknologi informasi dengan kualitas                 security standards, expected to provide better and safer
    standar keamanan tinggi yang diharapkan bisa menghadirkan              services for customers; and
    layanan yang lebih baik dan lebih aman bagi nasabah; dan           10. Implementing the concept of GCG improvement and
10. Mengimplementasikan konsep perbaikan GCG dan                           strong and adequate risk management through sustainable
    manajemen risiko yang kuat serta memadai melalui                       implementation.
    implementasi yang berkelanjutan.


Dalam jangka menengah (hingga akhir tahun 2026), Bank                  In medium term (until the end of 2026), the Bank sets the
menetapkan beberapa target sebagai berikut:                            following targets:
1. Melanjutkan strategi pengembangan bisnis secara organik,            1. Continuing the organic business development strategy,
    terutama dengan ditopang pengembangan bisnis melalui                    particularly supported by business development through
    sinergi Grup;                                                           Group synergy;
2. Memperbaiki struktur pendanaan khususnya komposisi dana             2. Improving funding structure, particularly the composition
    pihak ketiga, dengan mendorong CASA (dana murah) lebih                  of third party funds, by encouraging more CASA (low-cost
    banyak, sehingga mampu menurunkan cost of fund;                         funds), so as to reduce the cost of funds;




120       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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3. Melanjutkan komitmen penguatan GCG yang memadai,                   3. Continuing the commitment in adequate strengthening of
   sehingga berjalan maksimal dan sesuai dengan ketentuan                GCG so that it runs optimally and in accordance with the
   regulator;                                                            regulatory provisions;
4. Melanjutkan investasi strategis dalam teknologi informasi          4. Continuing strategic investment in information technology,
   yang di antaranya peningkatan proses, kontrol, kualitas               among others improving processes, control, service quality,
   layanan, dan produktivitas di dalam aktivitas penyelenggaraan         and productivity in information technology operations and
   teknologi informasi dan kegiatan operasional Bank guna                the Bank’s operational activities to support sustainable
   mendukung pertumbuhan bisnis yang berkelanjutan dengan                business growth while maintaining operating expenses at a
   tetap menjaga beban operasional pada tingkat yang wajar;              reasonable level; and
   serta
5. Menjadi lembaga keuangan yang memberikan pertumbuhan               5. Becoming a financial institution that provides sustainable
   ekonomi dan bisnis yang berkesinambungan bagi seluruh                 economic and business growth for the entire community
   masyarakat melalui layanan inklusi, memberikan dampak                 through inclusive services, providing a positive impact
   positif kepada masyarakat dengan meningkatkan literasi                on community by increasing financial literacy, providing
   keuangan, memberikan kredit yang bertanggung jawab                    environmentally responsible loans, establishing best working
   terhadap lingkungan, menciptakan kondisi kerja yang terbaik           conditions for Bank employees, and implementing good
   bagi karyawan Bank, serta menerapkan etika bisnis yang baik           business ethics by complying with the applicable laws and
   dengan mematuhi peraturan dan perundang-undangan yang                 regulations to encourage the success of the Sustainable
   berlaku dalam rangka mendorong keberhasilan Rencana Aksi              Financial Action Plan (RAKB).
   Keuangan Berkelanjutan (RAKB).




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   121
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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




Tinjauan Keuangan
Financial Overview



Laporan Posisi Keuangan                                                                    Statements of Financial Position

Aset
Assets
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                              Kenaikan (Penurunan)
              Uraian                          2023                   2022*                     Increase (Decrease)                                 Description
                                                                                              (Rp)                    (%)
 Aset Keuangan / Financial Assets

 Kas                                             92,821                  51,897                 40,924                  78.86                                             Cash

 Giro pada Bank Indonesia                                                                                                                       Current Accounts with Bank
                                             1,493,077                1,506,566               (13,489)                 (0.90)
                                                                                                                                                                 Indonesia

 Giro pada Bank Lain – Bersih                                                                                                            Current Account with Other Banks
                                               296,297                  228,384                 67,913                  29.74
                                                                                                                                                                    – Net

 Penempatan pada Bank                                                                                                                    Placements with Bank Indonesia
 Indonesia dan Bank Lain -                     915,369                  858,328                 57,041                   6.65                     and Other Banks - Net
 Bersih

 Efek-Efek - Bersih                          6,277,292                4,809,690             1,467,601                   30.51                   Marketable Securities - Net

 Efek-Efek yang Dibeli dengan                                                                                                          Securities Purchased under Resale
                                               636,733                  839,432              (202,700)                (24.15)
 Janji Dijual Kembali                                                                                                                                        Agreement

 Pendapatan Bunga dan Syariah                                                                                                                   Interest and Sharia Income
 yang Masih akan Diterima –                    368,408                  391,680               (23,272)                 (5.94)                             Receivables – Net
 Bersih

 Pinjaman yang Diberikan,                                                                                                                      Loans, Sharia Financing and
 Pembiayaan dan Piutang                    18,053,871               15,286,493              2,767,378                   18.10                            Receivables - Net
 Syariah - Bersih

 Tagihan Akseptasi                               12,475                    7,754                 4,720                  60.87                       Acceptance Receivables

 Penyertaan Saham                              215,931                  242,104               (26,174)                (10.81)                         Investments in Shares

 Aset Lain-Lain - Bersih                         91,463                  87,956                  3,508                   3.99                             Other Assets - Net

 Total Aset Keuangan                       28,453,735              24,310,285               4,143,451                  17.04                         Total Financial Assets

 Aset Non Keuangan / Non-Financial Assets

 Biaya Dibayar di Muka                           25,465                  19,715                  5,750                  29.17                              Prepaid Expenses

 Aset Pajak Tangguhan - Bersih                 163,004                 197,607                (34,603)                (17.51)                     Deferred Tax Assets - Net

 Aset Tetap dan Aset Hak Guna                                                                                                                Fixed Assets and Right-of-Use
                                               423,227                 470,853                (47,626)                (10.11)
 - Bersih                                                                                                                                                      Assets - Net

 Aset Tak Berwujud - Bersih                       8,193                   2,531                  5,662                223.68                         Intangible Assets - Net

 Agunan yang Diambil Alih -                                                                                                                         Foreclosed Assets - Net
                                               550,616                 931,010               (380,394)                (40.86)
 Bersih

 Total Aset Non Keuangan                     1,170,505               1,621,716              (451,211)                (27.82)                   Total Non-Financial Assets

 Total Aset                                29,624,240              25,932,001               3,692,239                  14.24                                     Total Assets

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




122          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Total Aset                                                                                 Total Assets
Pada tahun 2023, Bank berhasil mencatatkan total aset sebesar                              In 2023, the Bank managed to record total assets of Rp26.62
Rp26,62 triliun, tumbuh 14,24% dibandingkan total aset tahun                               trillion, growing by 14.24% compared to total assets in 2022 of
2022 sebesar Rp25,93 triliun. Pertumbuhan total aset terutama                              Rp25.93 trillion. The growth in total assets was mainly due to an
disebabkan oleh meningkatnya aset keuangan Bank sebesar                                    increase in the Bank’s financial assets by 17.04%.
17,04%.
Total Aset Keuangan                                                                        Total Financial Assets
Per 31 Desember 2023, total aset keuangan Bank tercatat                                    As of 31 December 2023, the Bank’s total financial assets were
sebesar Rp28,45 triliun, mengalami peningkatan sebesar                                     recorded at Rp28.45 trillion, an increase of 17.04% compared to
17,04% dibandingkan tahun 2022 yang sebesar Rp24,31                                        Rp24.31 trillion in 2022. This increase mainly came from loans,
triliun, Peningkatan tersebut terutama berasal dari pinjaman                               sharia financing and receivables - net that increased by 18.10%.
yang diberikan, pembiayaan dan piutang syariah – bersih yang
meningkat sebesar 18,10%.


Total Aset Non Keuangan                                                                    Total Non-Financial Assets
Total aset non keuangan Bank di tahun 2023 tercatat mengalami                              The Bank’s total non-financial assets in 2023 decreased by
penurunan sebesar 27,82% dari tahun sebelumnya sebesar                                     27.82% from that of the previous year of Rp1.62 trillion to
Rp1,62 triliun menjadi Rp1,17 triliun. Hal tersebut dipengaruhi                            Rp1.17 trillion. This was influenced by a decrease in foreclosed
oleh penurunan agunan yang diambil alih – bersih sebesar                                   collateral - net of 40.86%.
40,86%.


Liabilitas                                                                                 Liabilities

                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                              Kenaikan (Penurunan)
                 Uraian                           2023                  2022*                  Increase (Decrease)                                 Description
                                                                                               (Rp)                   (%)
 Liabilitas Keuangan / Financial Liabilities

 Simpanan Nasabah                              22,429,180             19,371,838             3,057,343                15.78                        Deposit from Customers

 Simpanan dari Bank Lain                        1,104,803              1,334,953             (230,149)               (17.24)                    Deposits from Other Banks

 Efek-efek yang Dijual dengan Janji                                                                                                     Securities Sold under Repurchase
                                                  643,267                240,865               402,402               167.07
 Dibeli Kembali                                                                                                                                               Agreement

 Efek-Efek yang Diterbitkan                     1,347,640              1,051,904               295,736                28.11                                 Securities Issued

 Utang Akseptasi                                    11,960                        -             11,960               100.00                            Acceptance Payables

 Akrual dan Liabilitas Lain-Lain                  193,458                160,941                32,517                20.20                  Accruals and Other Liabilities

 Total Liabilitas Keuangan                     25,730,307            22,160,500             3,569,808                 16.11                      Total Financial Liabilities

 Liabilitas Non Keuangan / Non-Financial Liabilities

 Utang Pajak                                        29,310                 30,841               (1,531)               (4.96)                                    Taxes Payable

 Liabilitas Imbalan Kerja Karyawan                  39,838                 40,197                 (359)               (0.89)                 Employee Benefits Obligation

 Total Liabilitas Non Keuangan                      69,148                71,038                (1,890)               (2.66)               Total Non-Financial Liabilities

 Total Liabilitas                              25,799,455            22,231,538             3,567,918                 16.05                                  Total Liabilities

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Total Liabilitas                                                                           Total Liabilities
Total liabilitas per tahun 2023 mencapai Rp25,80 triliun,                                  The total liabilities in 2023 reached Rp25.80 trillion, an increase
meningkat 16,05% dibandingkan dengan tahun 2022 yang                                       of 16.05% compared to in 2022 of Rp22.23 trillion. This increase
mencapai Rp22,23 triliun. Peningkatan tersebut khususnya                                   mainly came from financial liabilities that increased by 16.11%.
berasal dari liabilitas keuangan yang meningkat sebesar 16,11%.




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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




Total Liabilitas Keuangan                                                                  Total Financial Liabilities
Pada tanggal 31 Desember 2023, total liabilitas keuangan                                   On 31 December 2023, the Bank’s total financial liabilities were
Bank tercatat sebesar Rp25,73 triliun, meningkat sebesar                                   recorded at Rp25.73 trillion, an increase of 16.11% compared
16,11% dibandingkan tahun 2022 sebesar Rp22,16 triliun. Hal                                to Rp22.16 trillion in 2022. This was affected by an increase in
ini dipengaruhi oleh peningkatan simpanan nasabah sebesar                                  deposit from customers of 15.78%.
15,78%.


Total Liabilitas Non Keuangan                                                              Total Non-Financial Liabilities
Pada tahun 2023, total liabilitas non keuangan tercatat menurun                            In 2023, total non-financial liabilities decreased by 2.66%, from
sebesar 2,66%, dari sebelumnya Rp71,04 miliar menjadi                                      previously Rp71.04 billion to Rp69.15 billion. This decrease was
Rp69,15 miliar. Penurunan tersebut khususnya disebabkan oleh                               mainly due to a decrease in taxes payable of 4.95%.
penurunan utang pajak sebesar 4,95%.


Ekuitas                                                                                    Equity

                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                              Kenaikan (Penurunan)
                 Uraian                           2023                  2022*                  Increase (Decrease)                                 Description
                                                                                               (Rp)                   (%)
 Ekuitas yang dapat Diatribusikan kepada Pemilik Entitas Induk / Equity Attributable to Equity Holders of the Parent Entity

 Modal Saham - Nilai Nominal                    1,584,824              1,584,823                       0                0.00                       Share Capital - Par Value

 Tambahan Modal Disetor                           668,685                670,585                (1,900)               (0.28)                      Additional Paid-In Capital

 Kerugian yang Belum Direalisasi                                                                                                       Unrealised Loss on Changes in Fair
 atas Perubahan Nilai Wajar Efek-                                                                                                          Value of Marketable Securities
 Efek yang Diukur pada Nilai Wajar                (16,832)               (38,590)              (21,757)             (56.38)               Measured at Fair Value through
 melalui Penghasilan Komprehensif                                                                                                      Other Comprehensive Income, Net
 Lain, Setelah Pajak                                                                                                                                               of Tax

 Surplus Revaluasi Aset Tetap,                                                                                                                Gain on Revaluation of Fixed
                                                  382,456                382,456                       0                0.00
 Setelah Pajak                                                                                                                                          Assets, Net of Tax

 Pengukuran Kembali atas Liabilitas                                                                                                        Remeasurements on Employee
                                                    19,467                 16,819                 2,648               15.74
 Imbalan Kerja, Setelah Pajak                                                                                                                Benefit Liabilities, Net of Tax

 Saldo Laba:                                                                                                                                              Retained Earnings:

    Telah Ditentukan                                                                                                                                         Appropriated
                                                  202,200                177,200                25,000                14.11
    Penggunaannya

    Belum Ditentukan                                                                                                                                      Unappropriated
                                                  983,986                907,170                76,816                  8.47
    Penggunaannya

 Total Ekuitas                                  3,824,785              3,700,463              124,322                   3.36                                     Total Equity

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Total Ekuitas                                                                              Total Equity
Total ekuitas Bank pada tahun 2023 mencapai Rp3,82 triliun,                                The Bank’s total equity in 2023 reached Rp3.82 trillion,
tercatat lebih tinggi 3,36% dibandingkan dengan tahun                                      3.36% higher compared to that of the previous year of Rp3.70
sebelumnya sebesar Rp3,70 triliun. Kondisi ini terutama                                    trillion. This condition was mainly affected by the growth in
dipengaruhi oleh pertumbuhan saldo laba belum ditentukan                                   unappropriated retained earnings by 8.47%.
penggunaannya sebesar 8,47%.




124          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Laporan Laba Rugi dan Penghasilan                                                          Statements of Profit or Loss and Other
Komprehensif Lain                                                                          Comprehensive Income
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                              Kenaikan (Penurunan)
                 Uraian                           2023                  2022*                  Increase (Decrease)                                 Description
                                                                                               (Rp)                   (%)
 Pendapatan Bunga dan Syariah                   1,836,391             1,705,018               131,373                   7.71                    Interest and Sharia Income

 Beban Bunga dan Syariah                      (1,257,662)             (971,638)               286,024                 29.44                    Interest and Sharia Expense

 Pendapatan Bunga dan Syariah -                                                                                                          Interest and Sharia Income - Net
                                                  578,729               733,381             (154,651)                (21.09)
 Bersih

 Pendapatan Operasional Lainnya                   253,365               380,203             (126,838)                (33.36)                       Other Operating Income

 Beban Operasional Lainnya                      (658,023)             (699,517)              (41,494)                 (5.93)                     Other Operating Expenses

 Laba Operasional                                 174,071               414,066             (239,995)                (57.96)                         Profit from Operations

 Beban Non Operasional - Bersih                   (44,535)             (57,136)              (12,601)                (22.05)                Non-Operating Expenses - Net

 Laba Sebelum Beban Pajak                                                                                                               Profit Before Income Tax Expense
                                                  129,536               356,931             (227,395)                (63.71)
 Penghasilan

 Beban Pajak Penghasilan - Bersih                 (27,720)            (130,757)             (103,037)                (78.80)                     Income Tax Expense - Net

 Laba Bersih yang Dapat                                                                                                                        Net Income Attributable to:
                                                  101,816               226,173             (124,357)                (54.98)
 Diatribusikan kepada:

    Pemilik Entitas Induk                         101,816               226,173             (124,357)                (54.98)          Equity Holders of the Parent Entity

    Kepentingan Nonpengendali                              -                    -                     -                     -                   Non-controlling Interest

 Penghasilan (Rugi) Komprehensif                                                                                                             Other Comprehensive Income
                                                    24,405             (70,239)                94,644              (134.75)
 Lain, Setelah Pajak Penghasilan                                                                                                                 (Loss), Net of Income Tax

 Penghasilan Komprehensif yang                                                                                                                      Comprehensive Income
                                                  126,222               155,935              (29,713)               (19.05)
 dapat Diatribusikan kepada:                                                                                                                              Attributable to:

    Pemilik Entitas Induk                                                                                                                  Equity Holders of the Parent
                                                  126,222               155,935              (29,713)               (19.05)
                                                                                                                                                                  Entity

    Kepentingan Nonpengendali                              -                    -                     -                     -                   Non-controlling Interest

 Laba Bersih per Saham yang dapat                                                                                                            Other Comprehensive Income
 Diatribusikan kepada Pemilik                                                                                                                    (Loss), Net of Income Tax
 Entitas Induk

    Dasar (Rupiah penuh)                               6.42               19.17                (12.75)              (66.51)                            Basic (full Rupiah)

    Dilusian (Rupiah penuh)                            6.42               19.17                (12.75)              (66.51)                          Diluted (full Rupiah)

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Pendapatan Bunga dan Syariah                                                               Interest and Sharia Income
Pendapatan bunga dan syariah Bank Victoria per 31 Desember                                 Bank Victoria’s interest and sharia income as of 31 December
2023 sebesar Rp1,84 triliun, mengalami peningkatan sebesar                                 2023 was Rp1.84 trillion, an increase of 7.71% compared to the
7,71% dibandingkan posisi per 31 Desember 2022 sebesar Rp1,71                              position as of 31 December 2022 of Rp1.71 trillion. This condition
triliun. Kondisi ini dikontribusikan oleh peningkatan pendapatan                           was mainly contributed by an increase in interest income by
bunga sebesar 12,28%.                                                                      12.28%.


Beban Bunga dan Syariah                                                                    Interest and Sharia Expense
Beban bunga dan syariah Bank pada akhir periode 2023                                       The Bank’s interest and sharia expense at the end of the 2023
mengalami kenaikan sebesar 29,44%, menjadi Rp1,26 triliun dari                             period increased by 29.44%, to Rp1.26 trillion from previously
sebelumnya Rp971,64 miliar. Peningkatan tersebut bersumber                                 Rp971.64 billion. This increase came from an increase in third
dari peningkatan simpanan dana pihak ketiga yaitu deposito                                 party deposits, namely time deposits by 29.77%.
sebesar 29,77%.




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                            125
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      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Pendapatan Bunga dan Syariah – Bersih                                 Interest and Sharia Income – Net
Pada tahun 2023, pendapatan bunga dan syariah – bersih                In 2023, the net interest and sharia income was recorded at
tercatat sebesar Rp578,73 miliar, meningkat 21,09% dari tahun         Rp578.73 billion, an increase of 21.09% from Rp733.38 billion in
2022 sebesar Rp733,38 miliar. Penurunan pendapatan bunga              2022. The decrease in interest and sharia income - net was mainly
dan syariah – bersih utamanya disebabkan oleh beban bunga dan         due to interest and sharia expenses that increased by 29.44%.
syariah yang meningkat sebesar 29,44%.


Pendapatan Operasional Lainnya                                        Other Operating Income
Pada tahun 2023, pendapatan operasional lainnya tercatat              In 2023, other operating income decreased by 33.36% from
mengalami penurunan sebesar 33,36% dari sebelumnya sebesar            previously Rp380.20 billion to Rp253.37 billion. This decrease
Rp380,20 miliar menjadi sebesar Rp253,37 miliar. Penurunan ini        was mainly influenced by other operating income - net which
terutama dipengaruhi oleh pendapatan operasional lain-lain -          decreased by 45.80%.
bersih yang mengalami penurunan sebesar 45,80%.


Beban Operasional Lainnya                                             Other Operating Expenses
Di tahun 2023, beban operasional lainnya mencapai Rp658,02            In 2023, other operating expenses reached Rp658.02 billion,
miliar, tercatat menurun 5,93% dibandingkan tahun 2022 yang           recorded a decrease of 5.93%, compared to Rp699.52 billion
mencapai Rp699,52 miliar. Penurunan tersebut berasal dari             in 2022. This decrease came from personnel expenses which
beban tenaga kerja yang menurun sebesar 3,60%.                        decreased by 3.60%.


Laba Operasional                                                      Profit from Operations
Per 31 Desember 2023, laba operasional Bank mencapai Rp174,07         As of 31 December 2023, the Bank’s profit from operations
miliar. Jumlah tersebut lebih rendah 57,96% jika dibandingkan         reached Rp174.07 billion. This amount was 57.96% lower
dengan periode sebelumnya sebesar Rp414,07 miliar. Penurunan          compared to that of the previous period of Rp414.07 billion.
laba operasional Bank bersumber dari penurunan pendapatan             The decrease in the Bank’s profit from operations came from a
bunga dan syariah – bersih sebesar 21,09%.                            decrease in interest and sharia income - net by 21.09%.


Beban Non Operasional – Bersih                                        Non-Operating Expenses - Net
Beban non operasional – bersih tahun 2023 mencapai Rp44,54            Non-operating expenses – net in 2023 reached Rp44.54 billion,
miliar, menurun 22,05% dibandingkan tahun 2022 yang mencapai          a decrease of 22.05% compared to that of 2022 of Rp57.14
Rp57,14 miliar. Hal tersebut disebabkan oleh penurunan laba           billion. This was due to a decrease in gain on foreign exchange
revaluasi valuta asing sebesar 12,30% dan penurunan rugi              revaluation of 12.30% and a decrease in loss on sale of foreclosed
penjualan AYDA sebesar 16,46%.                                        assets of 16.46%.


Laba Sebelum Beban Pajak Penghasilan                                  Profit Before Income Tax Expense
Per akhir tahun 2023, Bank membukukan laba sebelum beban              In 2023, the Bank recorded profit before income tax expense of
pajak penghasilan sebesar Rp129,54 miliar, lebih rendah 63,71%        Rp129.54 billion, a decrease of 63.71% from that of the previous
dari tahun sebelumnya sebesar Rp356,93 miliar. Penurunan              year of Rp353.93 billion. This decrease was affected by the Bank’s
tersebut dipengaruhi oleh laba operasional Bank yang menurun          profit from operations which decreased by 57.96%.
sebesar 57,96%.


Beban Pajak Penghasilan – Bersih                                      Income Tax Expense – Net
Pada tahun 2023, beban pajak penghasilan – bersih tercatat            In 2023, the income tax expense - net decreased by 78.80% from
mengalami penurunan sebesar 78,80% dari sebelumnya sebesar            previously Rp130.76 billion to Rp27.72 billion. This decline was
Rp130,76 miliar menjadi sebesar Rp27,72 miliar. Penurunan ini         mainly affected by the decrease in deferred tax.
terutama dipengaruhi oleh penurunan pajak tangguhan.


Laba Bersih Tahun Berjalan                                            Profit for the Year
Bank membukukan laba bersih tahun berjalan di tahun 2023              The Bank recorded net profit for the year in 2023 of Rp101.82
sebesar Rp101,82 miliar menurun 54,98% dibandingkan                   billion, a decrease of 54.98% compared to that of the previous
tahun sebelumnya sebesar Rp226,17 miliar. Kondisi tersebut            year of Rp226.17 billion. Such condition caused net profit for
menyebabkan laba bersih tahun berjalan yang dapat diatribusikan       the year attributable to equity holders of the parent entity to
kepada pemilik Entitas Induk mengalami penurunan sebesar              decrease by 54.98%.
54,98%.




126      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Penghasilan (Rugi) Komprehensif Lain, Setelah Pajak                                        Other Comprehensive Income (Loss), Net of Income Tax
Penghasilan
Pada tahun 2023, Bank mencatatkan penghasilan komprehensif                                 In 2023, the Bank recorded other comprehensive income, net of
lain, setelah pajak penghasilan mencapai Rp24,41 miliar,                                   income tax, of Rp24.41 billion, an increase of 134.75% compared
mengalami peningkatan 134,75% dibandingkan dengan tahun                                    to that of 2022 which recorded other comprehensive loss, after
2022 yang mencatatkan rugi komprehensif lain, setelah pajak                                income tax, of Rp70.24 billion. The increase was specifically due
penghasilan sebesar Rp70,24 miliar. Peningkatan ini khususnya                              to changes in fair value of marketable securities measured at fair
disebabkan oleh perubahan nilai wajar efek-efek yang diukur                                value through other comprehensive income that increased by
pada nilai wajar melalui penghasilan komprehensif lain yang                                133.10%.
meningkat sebesar 133,10%.


Penghasilan Komprehensif                                                                   Comprehensive Income
Per 31 Desember 2023, Bank Victoria membukukan penghasilan                                 As of 31 December 2023, Bank Victoria recorded comprehensive
komprehensif sebesar Rp126,22 miliar, menurun 19,05% dari                                  income of Rp126.22 billion, a decrease of 19.05% from that
tahun sebelumnya yang sebesar Rp155,94 miliar. Kondisi ini                                 of the previous year of Rp155.94 billion. This condition caused
menyebabkan penghasilan komprehensif yang dapat diatribusikan                              comprehensive income attributable to equity holders of the
kepada pemilik Entitas Induk mengalami penurunan sebesar                                   Parent Entity to decrease by 19.05%.
19,05%.



Laporan Arus Kas                                                                           Statements of Cash Flows
                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                                              Kenaikan (Penurunan)
                 Uraian                           2023                  2022*                  Increase (Decrease)                                 Description
                                                                                               (Rp)                   (%)
 Arus Kas Bersih Diperoleh dari                                                                                                              Net Cash Flow Provided from
                                                1,279,308              1,057,052               222,257                21.03
 Aktivitas Operasi                                                                                                                                   Operating Activities

 Arus Kas Bersih Digunakan untuk                                                                                                          Net Cash Flow used in Investing
                                              (1,413,275)               (232,938)          (1,180,337)               506.72
 Aktivitas Investasi                                                                                                                                            Activities

 Arus Kas Bersih Diperoleh dari                                                                                                               Net Cash Flow provided from
                                                  287,343                159,950               127,393                79.65
 Aktivitas Pendanaan                                                                                                                                   Financing Activities

 Kenaikan Bersih Kas dan Setara Kas                                                                                                        Net Increase on Cash and Cash
                                                  153,376                984,064             (830,688)              (84.41)
                                                                                                                                                             Equivalents

 Kas dan Setara Kas pada Awal                                                                                                                Cash and Cash Equivalents at
                                                2,645,188              1,886,562               758,625                40.21
 Tahun                                                                                                                                              Beginning of the Year

 Dampak Kehilangan Pengendalian                                                                                                              Loss of Control on Subsidiary
                                                           -            (225,439)              225,439             (100.00)
 Entitas Anak

 Kas dan Setara Kas pada Akhir                                                                                                          Cash and Cash Equivalents at End
                                                2,798,564              2,645,188               153,376                  5.80
 Tahun                                                                                                                                                       of the Year

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Arus Kas Bersih Diperoleh dari Aktivitas Operasi                                           Net Cash Flow Provided from Operating Activities
Arus kas bersih yang diperoleh dari aktivitas operasi selama tahun                         Net cash flow provided from operating activities in 2023 showed
2023 menunjukkan peningkatan sebesar 21,03% menjadi Rp1,28                                 an increase of 21.03% to Rp1.28 trillion compared to that of 2022
triliun dibandingkan di tahun 2022 yang mencapai Rp1,06 triliun.                           of Rp1.06 trillion. This condition was mainly due to an increase in
Kondisi ini terutama disebabkan oleh peningkatan simpanan                                  deposits from customers by 135.20%.
nasabah sebesar 135,20%.


Arus Kas Bersih Digunakan untuk Aktivitas Investasi                                        Net Cash Flow used in Investing Activities
Arus kas bersih digunakan untuk aktivitas investasi meningkat                              Net cash flow used in investing activities increased by 506.72%
sebesar 506,72% dari Rp232,94 miliar pada tahun 2022 menjadi                               from Rp232.94 billion in 2022 to Rp1.41 trillion in 2023. This was
Rp1,41 triliun pada tahun 2023. Hal ini khususnya dipengaruhi                              specifically due to an increase in sale of marketable securities by
oleh peningkatan penjualan efek-efek sebesar 495,96%.                                      495.96%.




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                             127
Page 130
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Arus Kas Bersih Diperoleh dari Aktivitas Pendanaan                       Net Cash Flow provided from Financing Activities
Pada tahun 2023, arus kas bersih diperoleh dari aktivitas                In 2023, net cash flow provided from the Bank’s financing
pendanaan Bank mencapai Rp287,34 miliar, mengalami                       activities reached Rp287.34 billion, an increase of 79.65%
peningkatan sebesar 79,65%% dibandingkan dengan tahun 2022               compared to Rp159.95 billion in 2022. This increase came from
sebesar Rp159,95 miliar. Peningkatan tersebut bersumber dari             bonds issuance of Rp500.00 billion.
penerbitan obligasi sebesar Rp500,00 miliar.



Rasio Keuangan Penting                                                   Significant Financial Ratios

Bank berupaya memenuhi rasio-rasio keuangan sesuai dengan                The Bank strives to fulfill financial ratios in accordance with the
ketentuan yang telah ditetapkan oleh Otoritas Jasa Keuangan,             provisions set by the Financial Services Authority, Bank Indonesia,
Bank Indonesia, dan peraturan terkait lainnya. Adapun informasi          and other relevant regulations. Information related to the Bank’s
terkait rasio-rasio keuangan Bank untuk tahun 2022 dan 2023              financial ratios for 2022 and 2023 is presented in the following
disajikan dalam tabel berikut:                                           table:


Tabel Rasio Keuangan Penting*
Table of Significant Financial Ratios*
                                                                                                                                 (dalam % / in %)


                        Uraian                          2023                  2022                             Description
 Rasio Kinerja / Performance Ratio

 Kewajiban Penyediaan Modal Minimum (KPMM)                                                            Capital Adequacy Ratio (CAR) for Credit,
                                                        19.95                  21.97
 untuk Risiko Kredit, Operasional, dan Pasar                                                                    Operational, and Market Risks

 Aset Produktif Bermasalah dan Aset Non-                                                             Non-Performing Earning Assets and Non-
 Produktif Bermasalah terhadap Total Aset                3.91                   5.89           Performing Non-Earning Assets to Total Earning
 Produktif dan Non-Produktif                                                                                  Assets and Non-Earning Assets

 Aset Produktif Bermasalah terhadap Total Aset                                                 Non-Performing Earning Assets to Total Earning
                                                         2.79                   3.19
 Produktif                                                                                                                             Assets

 Cadangan Kerugian Penurunan Nilai (CKPN) Aset                                                      Allowance for Impairment Losses (CKPN) of
                                                         2.19                   2.49
 Keuangan terhadap Aset Produktif                                                                           Financial Assets to Earning Assets

 NPL Bruto                                               3.99                   4.23                                               Gross NPL

 NPL Neto                                                3.24                   3.42                                                 Net NPL

 Imbal Hasil atas Aset (ROA)                             0.48                   1.47                                   Return on Assets (ROA)

 Imbal Hasil atas Ekuitas (ROE)                          3.12                   9.48                                   Return on Equity (ROE)

 Margin Bunga Bersih (NIM)                               2.58                   3.52                                Net Interest Margin (NIM)

 Beban Operasional terhadap Pendapatan                                                        Operating Expenses to Operating Income (BOPO)
                                                        91.67                  79.44
 Operasional (BOPO)

 Cost to Income Ratio (CIR)                             46.15                  35.98                               Cost to Income Ratio (CIR)

 Rasio Pinjaman terhadap Dana Pihak Ketiga (LDR)        83.06                  81.69                              Loan to Deposit Ratio (LDR)

 LR secara Individual                                   10.34                  11.65                                             Individual LR

 Rasio Pinjaman terhadap Pendanaan (LFR)                50.55                  81.08                              Loan to Funding Ratio (LFR)

 Rasio Dana Murah (CASA)                                23.93                  28.56                           Low-Cost Funding Ratio (CASA)

 Rasio Kepatuhan / Compliance Ratios

 Persentase Pelanggaran BMPK                                                                                      Percentage of LLL Violation

   Pihak Terkait                                         0.00                   0.00                                        Related Parties

   Pihak Tidak Terkait                                   0.00                   0.00                                   Non-Related Parties

 Persentase Pelampauan BMPK                                                                                         Percentage of LLL Excess

   Pihak Terkait                                         0.00                   0.00                                        Related Parties

   Pihak Tidak Terkait                                   0.00                   0.00                                   Non-Related Parties

 Giro Wajib Minimum (GWM) Bank Umum -                                                                   Minimum Statutory Reserve (GWM) of
 Konvensional                                                                                               Commercial Bank - Conventional




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                           Uraian                                         2023                          2022                                     Description

 Rupiah                                                                                                                                                                   Rupiah

       GWM Wajib Minimum**                                                 7.32                           7.69                                     Minimum Statutory GWM**

       Penyangga Likuiditas Makroprudensial***                            23.73                          22.82                           Macroprudential Liquidity Buffer***

       Rasio Intermediasi Makroprudensial****                            (1.01)                         (2.49)                   Macroprudential Intermediation Ratio****

 Valuta Asing                                                              4.05                           4.05                                                 Foreign Currencies

*        Merupakan angka PT Bank Victoria International Tbk (Entitas Induk saja) / The figure is of PT Bank Victoria International Tbk (Parent Entity only).
**       Sebelumnya Giro Wajib Minimum Primer / Previously Primary Minimum Statutory Reserve.
***      Sebelumnya Giro Wajib Minimum Sekunder / Previously Secondary Minimum Statutory Reserve.
****     Sebelumnya Giro Wajib Minimum LFR / Previously Loan to Funding Ratio Minimum Statutory Reserve.



Kemampuan Membayar Utang dan                                                                     Solvency and Receivables Collectability
Kolektibilitas Piutang

Bank mengukur kemampuannya dalam memenuhi seluruh                                                The Bank measures its ability to meet all obligations, both
kewajiban, baik jangka pendek maupun jangka panjang dengan                                       short-term and long term, by using liquidity ratio, solvency ratio,
menggunakan rasio likuiditas, rasio solvabilitas, dan rasio                                      and profitability ratio. The Bank always monitors these ratios
rentabilitas. Bank senantiasa memantau rasio-rasio tersebut yang                                 acting as parameters in measuring its ability to provide liquidity
berperan sebagai parameter dalam mengukur kemampuannya                                           reserves. In 2023, Bank Victoria’s financial ratio performance is
dalam menyediakan cadangan likuiditas. Pada tahun 2023 kinerja                                   described as follows:
rasio keuangan Bank Viictoria diuraikan sebagai berikut:

1. Rasio Likuiditas                                                                              1. Liquidity Ratio
   Bank Victoria melakukan pengukuran tingkat likuiditas                                            Bank Victoria measures the liquidity level by using loan to
   menggunakan rasio pinjaman terhadap dana pihak ketiga (loan                                      deposit ratio (LDR). In 2023, the Bank’s LDR ratio reached
   to deposit ratio/LDR). Pada tahun 2023, rasio LDR Bank mencapai                                  83.06%, higher than that of 2022 of 81.69%. The ratio
   83,06%, lebih tinggi dibandingkan dengan tahun 2022 mencapai                                     achievement reflects that Bank Victoria’s liquidity condition
   81,69%. Pencapaian rasio ini mencerminkan bahwa kondisi                                          is in an optimal and sound position, because it is still within
   likuiditas Bank Victoria berada dalam posisi optimal dan sehat,                                  the limits of Bank Indonesia regulations.
   karena masih berada dalam batas ketentuan Bank Indonesia.


2. Rasio Solvabilitas                                                                            2. Solvency Ratio
   Salah satu parameter yang digunakan Bank dalam mengukur                                          One parameter used by the Bank in measuring the solvency
   rasio solvabilitas tercermin dari rasio kewajiban penyediaan                                     ratio is reflected in the capital adequacy ratio (CAR) to
   modal minimum (KPMM) untuk memastikan terpenuhinya                                               ensure that credit risk, operational risk, and market risk are
   risiko kredit, risiko operasional, dan risiko pasar. Pada                                        fulfilled. In 2023, Bank Victoria’s CAR ratio reached 19.95%,
   tahun 2023, rasio KPMM Bank Victoria mencapai 19,95%,                                            a decrease compared to that of the previous year of 21.97%.
   mengalami penurunan jika dibandingkan dengan tahun                                               Based on such matter, it can be said that the Bank’s capital
   tahun sebelumnya yang mencapai 21,97%. Berdasarkan hal                                           is still in fairly good condition as the CAR ratio value is still
   tersebut, permodalan Bank dapat dikatakan masih berada                                           above the stipulated provisions.
   dalam kondisi yang cukup baik karena nilai rasio KPPM masih
   berada di atas ketentuan yang ditetapkan.


3. Rasio Kepatuhan                                                                               3. Compliance Ratio
   Pada tahun 2023, rasio GWM primer Bank (bank konvensional)                                       In 2023, the Bank’s primary GWM ratio (conventional bank)
   tercatat sebesar 7,32% untuk mata uang Rupiah dan 4,05%                                          was recorded at 7.32% for Rupiah currency and 4.05%
   untuk valuta asing serta rasio GWM RIM untuk Bank (bank                                          for foreign currency, and the GWM RIM ratio for the Bank
   konvensional) adalah -1,01%. Sementara itu, untuk rasio                                          (conventional bank) was -1.01%. Meanwhile, the Bank’s GWM
   GWM PLM Bank sebesar 23,73%. GWM PLM/Sekunder yang                                               PLM ratio was 23.73%. GWM PLM/Secondary maintained by
   dimiliki Bank dalam bentuk Sertifikat Bank Indonesia (SBI),                                      the Bank comprised of Certificates of Bank Indonesia (“SBI”),
   Surat Utang Negara (SUN), Surat Berharga Syariah Negara                                          Government Debenture Debt (“SUN”), Sharia Government
   (SBSN), dan/atau kelebihan saldo rekening Giro Rupiah Bank                                       Securities (“SBSN”), and/or excess reserve of the Bank’s
   dari GWM primer dan GWM RIM/LFR. Bank telah memenuhi                                             demand deposits in Rupiah over the primary GWM and GWM
   peraturan Bank Indonesia yang berlaku tentang GWM bank                                           RIM/LFR. The Bank has complied with the applicable Bank
   umum konvensional pada 31 Desember 2023 dan 2022.                                                Indonesia regulations on GMW of conventional commercial
                                                                                                    banks as of 31 December 2023 and 2022.




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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




4. Rasio Rentabilitas                                                                      4. Profitability Ratio
   Bank menggunakan rasio-rasio kinerja laba seperti rasio imbal                              The Bank uses profit performance ratios such as return
   hasil atas aset (ROA), rasio imbal hasil atas ekuitas (ROE),                               on assets (ROA), return on equity (ROE), net interest
   rasio margin bunga bersih (NIM), dan rasio beban operasional                               margin (NIM) ratio, and operating expenses to operating
   terhadap pendapatan operasional (BOPO) untuk mengukur                                      income (BOPO) ratio to measure the Bank’s effectiveness
   seberapa efektif Bank dalam menghasilkan keuntungan                                        in generating profits from invested capital or from assets
   dari modal yang ditanamkan atau dari aset yang dimiliki.                                   owned. The achievement of ROA ratio, ROE ratio, NIM ratio,
   Pencapaian rasio ROA, rasio ROE, rasio NIM, dan rasio BOPO                                 and BOPO ratio in 2023 were 0.48%, 3.12%, 2.58%, and
   pada tahun 2023 masing-masing sebesar 0,48%, 3,12%,                                        91.67%, respectively. Meanwhile, in the previous year, they
   2,58%, dan 91,67%. Sedangkan, pada tahun sebelumnya                                        were 1.47%, 9.48%, 3.52%, and 79.44%, respectively.
   masing-masing sebesar 1,47%, 9,48%, 3,52%, dan 79,44%.


5. Kemampuan Membayar Utang dari Obligasi yang                                             5. Ability to Pay Debt from Bonds Issued
   Diterbitkan
   Kemampuan membayar utang Bank juga dapat tercermin dari                                      The Bank’s ability to pay debt can also be reflected based on
   peringkat pada efek-efek yang diterbitkan Bank Victoria, yaitu                               the rating of securities issued by Bank Victoria, which are Bonds.
   Obligasi. Guna mendukung kelayakan, efek-efek yang diterbitkan                               In order to support the worthiness, the securities issued are
   secara rutin dinilai oleh lembaga pemeringkatan. Kualitas efek                               assessed routinely by a rating agency. The quality of securities
   sangat ditentukan oleh kemampuan perusahaan penerbit                                         is highly determined by the capability of the securities issuance
   efek dalam membayar efeknya pada saat jatuh tempo dan                                        company in paying its securities on the maturity date and its
   kemampuannya membayar bunga atau kupon selama jangka                                         ability to pay interest or coupon throughout the issuance time
   waktu penerbitan efek tersebut. Obligasi yang diterbitkan oleh                               period of the securities. Bonds issued by Bank Victoria are
   Bank Victoria dicatatkan di Bursa Efek Indonesia.                                            listed on Indonesia Stock Exchange.


6. Kolektibilitas Piutang                                                                  6. Receivables Collectability
   Tingkat kolektibilitas piutang Bank dapat dilihat dari nilai                               The collectability level of the Bank receivables can be seen
   rasio non performing loan (NPL). Rasio NPL menjadi tolak                                   from the non-performing loan (NPL) ratio. The NPL ratio is
   ukur untuk melihat seberapa besar kredit yang bermasalah                                   a benchmark to observe how big the non-performing loans
   atau macet dari seluruh kredit yang diberikan bank kepada                                  or loss of all loans given by the Bank to customers. The
   nasabah. Semakin kecil nilai NPL, maka performance Bank                                    smaller the NPL value, the better the Bank’s performance
   dalam kolektibilitas piutang semakin baik dan menunjukkan                                  in receivable collectability, and thus, it shows good credit
   kualitas kredit yang baik. Bank Victoria mencatatkan NPL                                   quality. Bank Victoria recorded gross NPL and net NPL of
   bruto dan NPL neto masing-masing sebesar 3,99% dan 3,24%                                   3.99% and 3.24%, respectively, at the end of the 2023 fiscal
   pada akhir tahun buku 2023. Kondisi ini mengalami penurunan                                year. This condition decreased when compared to in 2022 of
   jika dibandingkan tahun 2022 masing-masing sebesar 4,23%                                   4.23% and 3.42%, respectively. This value is still below Bank
   dan 3,42%. Nilai tersebut masih berada di bawah ketentuan                                  Indonesia regulation, which is a maximum net NPL of 5.00%.
   Bank Indonesia yaitu NPL neto maksimal sebesar 5,00%.                                      Based on the collectability according to Bank Indonesia
   Berdasarkan kolektabilitas sesuai peraturan Bank Indonesia,                                regulation, loans managed by the Bank are classified as
   pinjaman yang dikelola Bank diklasifikasikan sebagai berikut:                              follows:

                                                                                                                                         (dalam juta Rupiah / in million Rupiah)


                                                         2023                                                2022*
             Uraian                        Pokok                   Cadangan                    Pokok                   Cadangan                      Description
                                          Principal                Allowance                  Principal                Allowance
 Lancar                                  16,853,533                  (188,688)               13,891,816                 (127,059)                                      Current

 Dalam Perhatian Khusus                   1,031,747                  (246,323)                 1,264,168                (283,615)                          Special Mention

 Kurang Lancar                                92,773                  (44,668)                    75,569                  (31,722)                             Substandard

 Diragukan                                    17,420                    (4,529)                   77,449                  (25,271)                                    Doubtful

 Macet                                      633,270                   (90,665)                   515,608                  (70,450)                                       Loss

 Total                                   18,628,743                  (574,872)               15,824,611                 (538,118)                                        Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022. / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




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Kontribusi kepada Negara                                              Contribution to the State

Kontribusi Bank Victoria kepada negara tercermin melalui              Bank Victoria’s contribution to the state is reflected through the
pembayaran kewajiban perpajakan yang berkenaan dengan                 payment of tax obligations relating to the implementation of the
pelaksanaan operasi bisnis Bank. Informasi terkait pembayran          Bank’s business operations. Information regarding the Bank’s tax
pajak Bank selama 2 (dua) tahun terakhir diungkapkan sebagai          payment for the past 2 (two) years is described as follows:
berikut:

                                                                                                           (dalam juta Rupiah / in million Rupiah)


                      Uraian                          2023               2022                            Description

 PPh Pasal 4 ayat 2                                 217,418             159,476                                     Income Tax Article 4 (2)

 PPh Pasal 21                                        19,377              22,134                                        Income Tax Article 21

 PPh Pasal 23                                           765                 554                                        Income Tax Article 23

 PPh Pasal 25                                              -                    -                                      Income Tax Article 25

 PPh Pasal 26                                           250                 220                                        Income Tax Article 26

 PPN                                                   7,189               2,192                                                           VAT

 Amnesti Pajak                                             -                    -                                                Tax Amnesty

 Total                                              244,999             184,576                                                           Total




Struktur Modal dan Kebijakan Struktur Modal                           Capital Structure and Capital Structure Policy

Kebijakan Manajemen atas Struktur Modal dan Dasar                     Management Policy on Capital Structure and Basis of Selection
Pemilihannya
Bank Victoria memiliki kebijakan atas pengelolaan modal untuk         Bank Victoria has a capital management policy to ensure that the
untuk memastikan bahwa Bank memiliki modal yang kuat guna             Bank has strong capital to support current business expansion
mendukung strategi pengembangan ekspansi usaha sekarang               development strategies and maintain continuity of future
dan mempertahankan kelangsungan pengembangan di masa                  development. In addition, the establishment of capital policy
mendatang. Di samping itu, penetapan kebijakan permodalan             is aimed at fulfilling the capital adequacy requirements set by
ditujukan untuk pemenuhan ketentuan kecukupan permodalan              the regulators and ensuring that the Bank’s capital structure has
yang ditetapkan oleh regulator serta memastikan agar struktur         been efficient.
permodalan Bank telah efisien.


Bank secara rutin menyusun rencana permodalan berdasarkan             The Bank periodically prepares the capital plan based on
penilaian dari penelaahan atas kebutuhan kecukupan permodalan         the review of capital adequacy requirement assessment and
yang dipersyaratkan dan mengkombinasikannya dengan tinjauan           combines them with review of the latest economic development.
perkembangan ekonomi terkini. Rencana permodalan tersebut             The Capital Plan is prepared by the Board of Directors as part
disusun oleh Direksi sebagai bagian dari Rencana Bisnis Bank          of the Bank’s Business Plan and approved by the Board of
dan disetujui oleh Dewan Komisaris. Selain itu, Bank juga telah       Commissioners. In addition, the Bank has complied with all
mematuhi seluruh persyaratan modal yang ditetapkan oleh pihak         capital requirements stipulated by external parties throughout
eksternal sepanjang periode pelaporan, khususnya berkenaan            the reporting period, specifically related to the calculation of
dengan perhitungan Kewajiban Penyediaan Modal Minimum                 Capital Adequacy Ratio (CAR) and Risk Weighted Assets (RWA).
(KPMM) dan Aktiva Tertimbang Menurut Risiko (ATMR).


Rincian Struktur Modal                                                Details of Capital Structure
Perhitungan kecukupan modal dilakukan berdasarkan ketentuan           Capital adequacy is calculated based on the applicable Bank
Bank Indonesia yang berlaku, di mana modal yang dimiliki              Indonesia regulations, where the capital owned is classified
diklasifikasikan dalam 2 Tier yaitu Modal Tier I dan Modal            in 2 Tiers, namely Tier I Capital and Tier II Capital. The Bank’s
Tier II. Kewajiban penyediaan modal Bank ditentukan dengan            obligations for capital provision is determined by calculating
memperhitungkan risiko kredit, risiko operasional, dan risiko         credit risk, operational risk, and market risk. Details of Bank
pasar. Rincian struktur modal Bank Victoria per 31 Desember           Victoria’s capital structure as of 31 December 2022 and 2023 are
2022 dan 2023 disajikan dalam tabel berikut:                          presented in the following table:




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk             131
Page 134
       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




                                                                                          (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                           Uraian                                       2023                   2022                                      Description

 Modal                                                                                                                                                                  Capital

 Tier I                                                               3,287,238              3,201,440                                                                     Tier I

 Tier II                                                                 532,853               674,675                                                                    Tier II

 Total Modal                                                          3,820,092              3,876,115                                                            Total Capital

 ATMR untuk Risiko Kredit                                            16,999,049             16,177,645                                                    RWA for Credit Risk

 ATMR untuk Risiko Operasional                                        1,466,732                984,239                                             RWA for Operational Risk

 ATMR untuk Risiko Pasar                                                 685,119               478,131                                                   RWA for Market Risk

 Rasio KPMM untuk Risiko Kredit dan Risiko
                                                                            20.69                 22.59                 CAR Ratio with Credit and Operational Risks (%)
 Operasional (%)

 Rasio KPMM untuk Risiko Kredit, Risiko Operasional,                                                               CAR Ratio with Credit, Operational, and Market Risks
                                                                            19.95                 21.97
 dan Risiko Pasar (%)                                                                                                                                              (%)

 Rasio KPMM yang Diwajibkan (%)                                              8.00                   8.00                                            CAR Ratio Required (%)

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022. / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Ikatan Material terkait Investasi Barang                                                   Material Commitments related to Capital
Modal                                                                                      Goods Investment

Pada tahun 2023, Bank Victoria tidak melakukan ikatan material                             In 2023, Bank Victoria did not enter into any material
dengan pihak terkait dalam rangka investasi barang modal.                                  commitments with related parties in capital goods investment.



Realisasi Investasi Barang Modal                                                           Realization of Capital Goods Investment

Pada tahun 2023, Bank melakukan investasi barang modal untuk                               In 2023, the Bank invested in capital goods to purchase a number
membeli sejumlah aset tetap atau menambah nilai aset tetap                                 of fixed assets or increase the value of fixed assets with the aim
dengan tujuan untuk memenuhi kebutuhan kegiatan operasional                                of meeting operational activity needs and in line with sustainable
dan sejalan dengan pertumbuhan bisnis yang berkelanjutan.                                  business growth. Information regarding the realization value of
Adapun informasi terkait nilai realisasi investasi barang modal                            capital goods investments made by the Bank in 2023 is described
yang dilakukan Bank pada tahun 2023 diuraikan sebagai berikut:                             as follows:

                                                                                                                                           (dalam juta Rupiah / in million Rupiah)


                           Uraian                                       2023                   2022                                      Description

 Bangunan                                                               1,613                         -                                                               Buildings

 Kendaraan Bermotor                                                     2,099                         -                                                                Vehicles

 Mesin-Mesin dan Peralatan                                             12,080                   7,236                                             Machinery and Equipment

 Perlengkapan dan Perabotan Kantor                                         399                    285                                      Office Furniture and Equipment

 Aset Tetap dalam Proses Pembangunan                                          5                      5                                           Assets under Constructions

 Total                                                                 16,196                   7,527                                                                     Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Derivatif dan Fasilitas Lindung Nilai                                                      Derivative and Hedging Facilities

Bank Victoria tidak memiliki transaksi keuangan derivatif dan                              Bank Victoria does not have any derivative financial transactions
fasilitas lindung nilai dalam 2 (dua) tahun terakhir.                                      or hedging facilities in the last 2 (two) years.




132          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Dampak Perubahan Tingkat Suku Bunga                                              Impact of Changes of Interest Rates to Bank
terhadap Kinerja Bank Tahun 2023                                                 Performance in 2023

Di sepanjang tahun 2023, suku bunga acuan atau BI 7-Day                          Throughout 2023, the benchmark interest rate or BI 7-Day
Reverse Repo Rate (BI7DRR) telah mengalami perubahan                             Reverse Repo Rate (BI7DRR) changed 2 times. Starting from
sebanyak 2 kali. Di mulai dari Januari 2023, suku bunga acuan                    January 2023, the benchmark interest rate increased from
mengalami kenaikan dari 5,00% menjadi 5,75%. Kemudian pada                       5.00% to 5.75%. Then in October 2023, the benchmark interest
Oktober 2023, suku bunga acuan kembali mengalami kenaikan                        rate increased again from 5.75% to 6.00%. Until December 2023,
dari 5,75% menjadi 6,00%. Hingga Desember tahun 2023, Bank                       Bank Indonesia decided to maintain the benchmark interest rate
Indonesia memutuskan untuk mempertahankan suku bunga                             at the level of 6.00%. Such more measured decision to change
acuan berada di level 6,00%. Keputusan perubahan suku bunga                      interest rates is the focus of pro-stability monetary policy, to
yang lebih terukur tersebut sebagai fokus kebijakan moneter                      strengthen the stabilization of Rupiah exchange rate as well
yang pro-stability yaitu untuk penguatan stabilisasi nilai tukar                 as pre-emptive and forward looking steps to ensure inflation
Rupiah serta langkah pre-emptive dan forward looking untuk                       remains under control within the target of 2.5±1%.
memastikan inflasi tetap terkendali dalam sasaran 2,5±1%.



Perbandingan Target dan Realisasi Tahun 2023                                     Comparison of Target and Realization in 2023

Bank telah menetapkan sejumlah target yang ingin dicapai                         The Bank set a number of targets to be achieved in the Bank’s
dalam Rencana Bisnis Bank (RBB) dengan memperhatikan kondisi                     Business Plan (RBB) with due observance of the conditions that
yang terjadi sepanjang tahun berjalan. Adapun target yang ingin                  occurred throughout the year. Targets to be achieved by the
dicapai Bank berserta realisasi pencapaian target pada tahun                     Bank, along with the realization of target achievements in 2023
2023 diuraikan sebagai berikut:                                                  are outlined as follows:

                                                                              (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                 Target RBB           Realisasi          Pencapaian
                    Uraian                       RBB Target          Realization        Achievement                              Description
                                                   2023*                2023                (%)
 Kinerja Keuangan / Financial Performance

 Total Aset                                        27,869               29,624               106.30                                                    Total Assets

 Total Liabilitas                                  23,956               25,799               107.70                                                Total Liabilities

 Total Ekuitas                                        3,913              3,825                 97.75                                                   Total Equity

 Pendapatan Bunga – Bersih                             601                 579                 96.34                                       Interest Income – Net

 Pendapatan (Beban) Operasional selain                                                                               Operating Income (Expenses) other than
                                                       238               (405)             (170.17)
 Bunga – Bersih                                                                                                                              Interest – Net

 Laba (Rugi) Operasional                               285                 174                 61.05                               Profit (Loss) from Operations

 Laba (Rugi) Tahun Berjalan                            166                 102                 61.45                                   Profit (Loss) For the Year

 Rasio Keuangan (dalam %) / Financial Ratios (in %)

 KPMM dengan Memperhitungkan Risiko Kredit                                                                         CAR by Calculating Credit and Operational
                                                      22.44              20.69                 92.20
 dan Operasional                                                                                                                                       Risks

 KPMM dengan Memperhitungkan Risiko                                                                              CAR by Calculating Credit, Operational, and
                                                      21.83              19.95                 91.39
 Kredit, Operasional, dan Pasar                                                                                                                Market Risks

 Margin Pendapatan Bunga Bersih (NIM)                  2.75               2.58                 93.82                                  Net Interest Margin (NIM)

 Rasio Kredit terhadap Dana Pihak Ketiga (LDR)        84.62              83.06                 98.16                                Loan to Deposit (LDR) Ratio

 Rasio Tingkat Pengambilan Aset (ROA)                  0.77               0.48                 62.34                                     Return on Assets (ROA)

 Rasio Tingkat Pengembalian Ekuitas (ROE)              5.05               3.12                 61.78                                      Return on Equity (ROE)

 Rasio Kredit Bermasalah (NPL Bruto)                   3.56               3.99               112.08                   Non-Performing Loan (NPL Gross) Ratio

 Rasio Belanja Operasional terhadap                                                                                 Ratio of Operating Expenses to Operating
                                                      85.93              91.67               106.68
 Pendapatan Operasional (BOPO)                                                                                                               Income (BOPO)




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                        133
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       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




                                                             Target RBB             Realisasi            Pencapaian
                        Uraian                               RBB Target            Realization          Achievement                               Description
                                                               2023*                  2023                  (%)
 Kinerja Operasional / Operational Performance

 Produk Simpanan                                                                                                                                                Deposits Products

    Tabungan                                                     2,384                 2,882                 120.89                                           Savings Deposits

    Giro                                                         3,728                 2,485                  66.66                                           Demand Deposits

    Deposito Berjangka                                         14,464                16,669                  115.24                                              Time Deposits

    Negotiable Certificate Deposits                                474                   394                  83.12                          Negotiable Certificate Deposits

 Total Produk Simpanan                                         21,050                22,429                 106.55                                      Total Deposits Products

 Produk Pinjaman                                                                                                                                                     Loan Products

    Pinjaman Tetap                                             10,242                  9,698                  94.69                                                 Fixed Loans

    Pinjaman Konsumen                                              166                   165                  99.40                                           Consumer Loans

    Pinjaman Rekening Koran                                      2,124                 1,872                  88.14                                            Overdraft Loans

    Pinjaman Tetap dengan Angsuran                               5,253                 6,864                 130.67                            Fixed Loans with Installments

    Pinjaman Serba Guna                                              28                    31                110.71                                                 Other Loans

 Total Produk Pinjaman                                         17,813                18,629                 104.58                                           Total Loan Products

* Merupakan angka PT Bank Victoria International Tbk (induk saja) / The figure is for PT Bank Victoria International Tbk (parent only).




Proyeksi Tahun 2024                                                                             Projections for 2024

Bank Victoria telah menyusun Rencana Bisnis Bank tahun                                          Bank Victoria has developed the Bank’s Business Plans of 2024-
2024-2026 dengan target pencapaian kinerja tahun 2024 yang                                      2026 with performance achievement targets of 2024 shown as
ditunjukkan sebagai berikut:                                                                    follows:

                                                                                           (dalam miliar Rupiah, kecuali dinyatakan lain / / in billion Rupiah, unless stated otherwise)


                                                                                 Proyeksi RBB
                            Uraian                                              RBB Projection*                                              Description
                                                                                    2024*
 Ringkasan Neraca / Summary of Balance Sheet

 Total Aset                                                                                                                                                           Total Assets

      Penempatan pada Bank Indonesia                                                   2,066                                               Placements with Bank Indonesia

      Efek-Efek                                                                        6,392                                                            Marketable Securities

      Kredit yang Diberikan                                                          20,037                                                                                Loans

      Penyertaan Saham                                                                   232                                                            Investments in Shares

      Agunan yang Diambil Alih                                                           171                                                                 Foreclosed Assets

      Komponen Aset Lainnya                                                            1,102                                                    Other Components of Assets

 Total Liabilitas                                                                    25,921                                                                       Total Liabilities

    Total Dana Pihak Ketiga                                                          23,079                                                           Total Third-Party Funds

        Giro                                                                           3,035                                                              Demand Deposits

        Tabungan                                                                       3,426                                                               Savings Deposits

        Deposito                                                                     16,618                                                                   Time Deposits

    Efek-Efek yang Diterbitkan                                                         2,294                                                                  Securities Issued

    Komponen Liabilitas Lainnya                                                          548                                                  Other Components of Liability




134            PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                                                                                 Proyeksi RBB
                            Uraian                                              RBB Projection*                                             Description
                                                                                    2024*

 Total Ekuitas                                                                         4,079                                                                    Total Equity

    Modal Disetor dan Tambahan Modal Disetor                                           2,253                                Paid-In Capital and Additional Paid-In Capital

    Akumulasi Laba/(Rugi)                                                              1,426                                                    Accumulated Profit/(Loss)

    Komponen Ekuitas Lainnya                                                             400                                                    Other Equity Components

 Ringkasan Laba/(Rugi) / Summary of Profit/(Loss)

 Pendapatan dan Beban Bunga – Bersih                                                     625                                              Interest Income and Expenses – Net

 Pendapatan/(Beban) Operasional Selain Bunga –Bersih                                   (328)                          Operating Income/(Expenses) Other than Interest – Net

 Laba/(Rugi) Operasional                                                                 287                                                    Profit/(Loss) from Operations

 Pendapatan/(Beban) Non-Operasional – Bersih                                             (43)                                        Non-Operating Income/(Expenses) - Net

 Laba/(Rugi) Sebelum Beban Pajak Penghasilan                                             244                                         Profit/(Loss) before Income Tax Expense

 Beban Pajak Penghasilan – Bersih                                                        (52)                                                      Income Tax Expense – Net

 Laba/(Rugi) Setelah Beban Pajak Penghasilan                                             192                                         Profit/(Loss) Net of Income Tax Expense

 Kebijakan Dividen / Dividend Policy

 Dividen yang Dibagikan                                                                     0                                                          Dividends Distributed

 Struktur Modal / Capital Structure

 KPMM untuk Risiko Kredit, Risiko Operasional, dan                                                                         CAR for Credit Risk, Operational Risk, and Market
                                                                                       22.80                                                                         Risk (%)
 Risiko Pasar (%)

 Total Kantor / Total Offices

 Kantor Cabang                                                                             14                                                                 Branch Offices

 Kantor Cabang Pembantu                                                                    24                                                             Sub-Branch Offices

 Jaringan Kantor Lain (Kantor Kas, Payment Point, dan                                                                    Other Office Network (Cash Office, Payment Point,
                                                                                            0                                                                  and Others)
 Lainnya)
* Merupakan angka PT Bank Victoria International Tbk (induk saja) / The figure is for PT Bank Victoria International Tbk (parent only).




Asumsi dalam Menyusun Proyeksi                                                                  Assumptions in Preparing Projections

Dalam menyusun proyeksi keuangan Bank Victoria untuk                                            In preparing Bank Victoria’s financial projections for 2024, the
tahun 2024, Bank menggunakan asumsi makro dan mikro yang                                        Bank uses macro and micro assumptions, adjusted to current
disesuaikan dengan kondisi perekonomian saat ini dan perkiraan                                  economic conditions and future estimates, including assumptions
di masa depan, termasuk asumsi pada Anggaran Pendapatan                                         in the 2024 State Budget (APBN) and Bank Indonesia press
dan Belanja Negara (APBN) tahun 2024 dan siaran pers Bank                                       releases. The macro and micro assumptions used in financial
Indonesia. Adapun asumsi makro dan mikro yang digunakan                                         projections in preparing the Bank’s Business Plan for 2024-2026
untuk proyeksi keuangan dalam penyusunan Rencana Bisnis Bank                                    are as follows:
untuk tahun 2024-2026 sebagai berikut:
                                                                                                                                                                (dalam % / In %)

                                                                                    Proyeksi
                Uraian                                                             Projections                                                        Description
                                                       2024                              2025                            2026
 Asumsi Makro / Macro Assumptions

 Pertumbuhan PDB                                      4.70-5.30                        4.90-5.70                       4.90-5.50                                 GDP Growth

 Inflasi                                                    3.50                             3.50                            3.50                                    Inflation

 Kurs IDR/USD                                            14,800                           14,800                          14,800                  Exchange Rate of IDR/USD




                                                                         2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                       135
Page 138
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




                                                                 Proyeksi
             Uraian                                             Projections                                             Description
                                          2024                          2025                    2026

 BI 7 Days Rate                           5.25-5.50                    5.25-5.50              5.50-5.75                         BI 7 Days Rate

 Asumsi Mikro / Micro Assumptions

 Pertumbuhan Kredit                            7-9                         8-10                    8-10                           Loan Growth

 Pertumbuhan Dana Pihak
                                              8-10                         9-11                    9-11               Third-Party Funds Growth
 Ketiga

 Tingkat Bunga Simpanan                                                                                                Interest Rate on Savings
                                          3.00-7.50                    2.50-7.00              2.50-7.00
 Tabungan                                                                                                                              Deposits

 Tingkat Bunga Kredit Ritel                                                                                            Commercial Retail Loan
                                       10.50-13.50               10.50-13.50                10.50-13.50
 Komersil                                                                                                                      Interest Rates




Strategi Pengembangan Bisnis ke Depan                                        Future Business Development Strategies

Bank Victoria telah merancang strategi dan rencana                           Bank Victoria has designed strategy and business development
pengembangan bisnis dalam rangka menggapai kinerja yang                      plan to achieve sustainable positive performance in the future
positif secara berkelanjutan di masa depan dengan mengacu                    by referring to the Bank’s policy direction and in line with the
pada arah kebijakan Bank serta sejalan dengan penetapan tema                 determination of the theme of the 2024 Bank Business Plan,
Rencana Bisnis Bank 2024 yaitu “Continuous Transformation                    which was “Continuous Transformation with Strong Governance
with Strong Governance and Excellence Services for Sustainable               and Excellence Services for Sustainable Growth”, outlined as
Growth” yang dijabarkan sebagai berikut:                                     follows:
1. Menjaga dan memperkuat penerapan prinsip-prinsip GCG secara               1. Maintaining and strengthening the consistent application
    konsisten yang selaras dengan prinsip-prinsip manajemen risiko                of GCG principles, which are in line with risk management
    dan kepatuhan terhadap regulasi (compliance);                                 principles and regulatory compliance;
2. Menjaga dan memelihara permodalan di level yang kuat dan                  2. Maintaining and fostering capital at a strong and adequate
    memadai sebagai landasan pengembangan dan pertumbuhan                         level as a basis for prudent and sustainable development and
    skala bisnis Bank yang prudent dan berkelanjutan;                             growth of the Bank’s business scale;
3. Melanjutkan dan meningkatkan inovasi produk dan layanan                   3. Continuing and improving product innovation and best
    terbaik yang fokus kepada nasabah (customer-centric);                         services that focus on customers (customer-centric);
4. Melanjutkan pengembangan sistem teknologi informasi                       4. Continuing the development of information technology
    untuk mendukung efisiensi, inovasi dan pengembangan                           systems to support efficiency, innovation and product
    produk, serta peningkatan layanan;                                            development, as well as service improvements;
5. Melanjutkan optimalisasi melalui evaluasi kinerja jaringan kantor         5. Continuing optimization through evaluating the performance
    cabang guna meningkatkan efisiensi dan produktivitas dalam                    of branch office network to increase its efficiency and
    rangka mencapai pertumbuhan bisnis yang berkelanjutan;                        productivity to achieve sustainable business growth;
6. Mengembangkan kualitas dan meningkatkan produktivitas                     6. Developing quality and increasing the productivity of human
    sumber daya manusia dan pelayanan nasabah untuk                               resources and customer service to face business challenges;
    menghadapi tantangan bisnis; dan                                              and
7. Meningkatkan nilai perusahaan bagi Pemegang Saham dan                     7. Increasing Company value for Shareholders and stakeholders.
    pemangku kepentingan.



Informasi Material Setelah Tanggal Laporan                                   Material Information Subsequent to the
Akuntan                                                                      Accountant’s Reporting Date

Tidak terdapat informasi material yang terjadi antara akhir                  There was no material information that occurred between the
periode pelaporan 31 Desember 2023 hingga tanggal laporan                    end of the reporting period of 31 December 2023 up to the date
akuntan.                                                                     of the accountant’s report.




136        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Kebijakan Dividen                                                                      Dividend Policy

Kebijakan Dividen                                                                      Dividend Policy
Anggaran Dasar Bank Victoria mengatur bahwa besaran                                    Bank Victoria’s Articles of Association stipulate that the
dividen disesuaikan dengan kemampuan Bank dan didasarkan                               dividend amount is adjusted to the Bank’s ability and is based
pada keputusan RUPS. Hal tersebut dilakukan dengan                                     on the GMS resolutions. Such matter is done by considering the
mempertimbangkan kondisi keuangan dan tingkat kesehatan                                Bank’s financial condition and sound level, as well as all relevant
Bank, serta seluruh peraturan yang relevan di bidang perbankan.                        regulations in banking sector.


Pembagian Dividen                                                                      Dividend Distribution
Pada tahun 2023 dan 2022, Bank tidak membagikan dividen.                               In 2023 and 2022, the Bank did not distribute any dividends.



Realisasi Penggunaan Dana Hasil Penawaran                                              Realization of the Use of Public Offering
Umum                                                                                   Proceeds

Bank Victoria telah melaporkan penggunaan dana hasil                                   Bank Victoria has reported the use of public offering proceeds
penawaran umum sesuai dengan Peraturan Otoritas Jasa                                   in accordance with the Financial Services Authority Regulation
Keuangan No. 30/POJK.04/2015 tanggal 16 Desember 2015                                  No. 30/POJK.04/2015 dated 16 December 2015, on Report of
tentang Laporan Realisasi Penggunaan Dana Hasil Penawaran                              Actual Use of Proceeds from the Public Offering. Information
Umum. Informasi terkait realisasi pelaksanaan penawaran umum                           regarding the realization of the public offering throughout 2023
sepanjang tahun 2023 diungkapkan sebagai berikut:                                      was disclosed as follows:

                                                                                                                                  (dalam Rupiah penuh / in full Rupiah)

                                  Nilai Realisasi Hasil Penawaran Umum              Rencana Penggunaan Dana             Realisasi Penggunaan Dana
                                Realized Value of Public Offering Proceeds            Plan to Use Proceeds               Realized Use of Proceeds         Sisa Dana
                                                                                                                                                             Hasil
   Jenis
                                                                                   Modal Kerjta                         Modal Kerja                      Penawaran
 Penawaran        Tanggal
                               Jumlah Hasil                                        dalam Rangka                        dalam Rangka                         Umum
   Umum            Efektif                         Biaya
                                Penawaran                                         Pengembangan                        Pengembangan                       Remaining
  Type of         Effective                     Penawaran
                                  Umum                           Hasil Bersih          Usaha                               Usaha                           Amount
   Public           Date                           Umum                                                 Total                               Total
                                 mount of                       Net Proceeds          Working                             Working                         of Public
  Offering                                         Public
                              Public Offering                                        Capital in                          Capital in                       Offering
                                                Offering Fee
                                 Proceeds                                            Business                            Business                         Proceeds
                                                                                   Development                         Development

Penawaran         28
Umum              Februari
Berkelanjutan     2023
Obligasi          28
Berkelanjutan     February
III Bank          2023
Victoria Tahap
I Tahun 2023                  300,000,000,000
Seri A
Public
Offering of
Bank Victoria
Continuing
Bonds III Phase
I 2023 Series A
                                                8,617,218,052   491,382,781,948   491,382,781,948   491,382,781,948   491,382,781,948 491,382,781,948          -
Penawaran         28
Umum              Februari
Berkelanjutan     2023
Obligasi          28
Berkelanjutan     February
III Bank          2023
Victoria Tahap
I Tahun 2023                  200,000,000,000
Seri B
Public
Offering of
Bank Victoria
Continuing
Bonds III Phase
I 2023 Series B

Pelaksanaan       5
Waran Seri VII    Desember
Execution         2022
                                     106,400                -          106,400           106,400           106,400           106,400           106,400         -
of Series VII     5
Warrants          December
                  2022

Total                         500,000,106,400 8,617,218,052     491,382,888,348   491,382,888,348 491,382,888,348     491,382,888,348 491,382,888,348          -




                                                                   2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                      137
Page 140
       Analisis dan Pembahasan Manajemen
       Management Discussion and Analysis




Informasi Material Investasi, Ekspansi,                                                    Material Information on Investment, Expansion,
Divestasi, Penggabungan/Peleburan Usaha,                                                   Divestment, Business Merger/Consolidation,
Akuisisi, dan Restrukturisasi Utang/Modal                                                  Acquisition, and Debt/Capital Restructuring

Investasi                                                                                  Investment
Bank Victoria melakukan investasi dalam efek-efek pada tahun                               Bank Victoria invested in marketable securities in 2023 with the
2023 dengan uraian sebagai berikut:                                                        following description:

                                                                                                                                        (dalam juta Rupiah / in million Rupiah)


                          Uraian                                      2023                      2022                                   Description
 Nilai Wajar melalui Laba Rugi / Fair Value through Profit or Loss

 Reksadana                                                            790,570                  400,037                                                       Mutual Funds

 Wesel Jangka Menengah                                                221,960                  172,625                                               Medium-Term Notes

 Subtotal                                                           1,012,530                  572,662                                                               Subtotal

 Nilai Wajar melalui Penghasilan Komprehensif Lain / Fair Value through Other Comprehensive Income

 Surat Utang Negara                                                   757,213                1,095,239                                    Government Promissory Notes

 Surat Berharga Syariah Negara                                        308,245                  387,127                                         Government Sharia Bonds

 Reksadana                                                            306,932                           -                                                    Mutual Funds

 Surat Berharga Syariah Korporasi                                       20,283                          -                                         Corporate Sharia Bonds

 Obligasi Korporasi                                                     12,082                   83,372                                                  Corporate Bonds

 Efek Beragun Aset                                                       8,508                          -                                          Asset-Backed Security

 Wesel Jangka Menengah                                                         -                 20,548                                              Medium-Term Notes

 Subtotal                                                           1,413,264                1,586,286                                                               Subtotal

 Biaya Perolehan Diamortisasi / Amortised Cost

 Surat Utang Negara                                                 3,547,973                2,476,659                                    Government Promissory Notes

 Obligasi Korporasi                                                   213,395                    12,500                                                  Corporate Bonds

 Reksadana                                                              73,000                          -                                                    Mutual Funds

 Wesel Jangka Menengah                                                  15,000                   15,000                                              Medium-Term Notes

 Sekuritas Rupiah Bank Indonesia (SRBI)                                  9,389                          -                      Bank Indonesia Rupiah Securities (SRBI)

 Surat Berharga Syariah Negara                                           1,013                 155,446                                         Government Sharia Bonds

 Subtotal                                                           3,859,770                2,659,605                                                               Subtotal

 Total                                                              6,285,564                4,818,553                                                                  Total

 Dikurangi                                                                                                                                                              Less

 Cadangan Kerugian Penurunan Nilai                                     (8,272)                  (8,863)                                Allowance for Impairment Losses

 Total                                                              6,277,292                4,809,690                                                                  Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Restrukturisasi Utang dan/atau Restrukturisasi                                             Debt Restructuring and/or Capital Restructuring
Modal
Pada tahun 2023, Bank Victoria melakukan transaksi                                         In 2023, Bank Victoria conducted debt restructuring and/or
restrukturisasi utang dan/atau restrukturisasi modal yang                                  capital restructuring transactions as described below:
diuraikan sebagai berikut:




138          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 141
                                                                                                                                        (dalam juta Rupiah / in million Rupiah)


                           Uraian                                       2023                  2022*                                   Description

 Penjadwalan Kembali Angsuran dan Perpanjangan                                                                      Rescheduling of Installments and the Extention of
                                                                     2,868,304               3,102,182
 Jangka Waktu Pinjaman                                                                                                                                  Credit Period

 Perpanjangan Jangka Waktu, Penurunan Suku Bunga                                                               Extention of Credit Period, Reduction of Interest Rate,
 Pinjaman, Penggabungan Fasilitas Penambahan                                    -            1,378,111                        Combined Facility, Additions of Plafond
 Plafon

 Total Pinjaman yang Direstrukturisasi                               2,868,304               4,480,293                                          Total Restructured Loans

 Dikurangi: Cadangan Kerugian Penurunan Nilai                        (447,527)               (428,127)                           Less: Allowance for Impairment Losses

 Total                                                               2,420,777              4,052,165                                                                  Total

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Divestasi                                                                                  Divestment
Di bulan Desember 2022, Bank telah melakukan divestasi atas 80%                            In December 2022, the Bank divested 80% ownership in
kepemilikan di Entitas Anak, PT Bank Victoria Syariah atau sebanyak                        Subsidiary, PT Bank Victoria Syariah or equivalent to 288,000,000
288.000.000 lembar saham kepada PT Victoria Investama Tbk                                  shares to PT Victoria Investama Tbk (Majority Shareholder) with
(Pemegang Saham Utama) dengan harga jual sebesar nilai nominal                             selling price equivalent to the nominal value of investment in the
saham dari Entitas Anak tersebut yaitu sebesar Rp288,00 miliar.                            Subsidiary of Rp288.00 billion.


Nilai tercatat investasi pada Entitas Anak adalah sebesar                                  The carrying amount of investment in Subsidiary of Rp288.97 billion
Rp288,97 miliar dan rugi dari divestasi sebesar Rp968,38 juta                              and loss from divestment of Rp968.38 million were recorded in the
dicatat di akun tambahan modal disetor. Transaksi divestasi ini                            additional paid-in capital account. This divestment was business
merupakan transaksi kombinasi bisnis entitas sepengendali, oleh                            combination transaction of entities under common control,
karena itu dicatat sesuai dengan PSAK 38 “Kombinasi Bisnis                                 therefore it was recorded in accordance with PSAK 38 “Business
Entitas Sepengendali”. Setelah divestasi, kepemilikan Bank                                 Combination under Common Control Entities”. After divestment,
di PT Bank Victoria Syariah adalah 19,81% dan Bank memiliki                                the Bank’s ownership in PT Bank Victoria Syariah is 19.81% and
pengaruh signifikan, oleh karena itu investasi di PT Bank Victoria                         the Bank has significant influence, therefore investment in PT Bank
Syariah dicatat dengan metode ekuitas.                                                     Victoria Syariah is recognized using equity method.


Pada tanggal 22 Desember 2022, Bank telah mendapatkan                                      On 22 December 2022, the Bank received approval from the
persetujuan dari Otoritas Jasa Keuangan atas divestasi tersebut                            Financial Services Authority for the divestment through letter
melalui surat No. S-301/PB.101/2022 tertanggal 22 Desember                                 No. S-301/PB.101/2022 dated 22 December 2022. Since
2022. Sejak tanggal 23 Desember 2022, PT Bank Victoria Syariah                             23 December 2022, PT Bank Victoria Syariah is no longer
tidak lagi dikonsolidasikan ke dalam Laporan Keuangan Bank.                                consolidated into the Bank’s Financial Statements.


Ekspansi, Penggabungan/Peleburan Usaha, dan                                                Expansion, Business Merger/Consolidation, and
Akuisisi                                                                                   Acquisition
Bank Victoria tidak melakukan kegiatan ekspansi, penggabungan/                             Bank Victoria did not carry out any expansion, business merger/
peleburan usaha, dan akuisisi di sepanjang tahun 2023.                                     consolidations, and acquisition activities throughout 2023.



Informasi Transaksi Material yang                                                          Information on Material Transactions with
Mengandung Benturan Kepentingan                                                            Conflict of Interest

Bank Victoria tidak melakukan transaksi yang bersifat material                             Bank Victoria did not carry out any material transactions
yang mengandung unsur benturan kepentingan di sepanjang                                    containing conflicts of interest throughout 2023.
tahun 2023.




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                         139
Page 142
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Informasi Transaksi dengan Pihak Afiliasi                                               Information of Transaction with Affiliated
                                                                                        Parties

Pada tahun 2023, Bank Victoria melakukan transaksi afiliasi                             In 2023, Bank Victoria made affiliate transactions, which were
yang merupakan kegiatan usaha yang dijalankan dalam rangka                              business activities carried out to generate business income
menghasilkan pendapatan usaha dan dijalankan secara rutin,                              and carried out routinely, repeatedly, and/or continuously as
berulang, dan/atau berkelanjutan yang diuraikan sebagai berikut:                        described as follows:


                                                                                                                                                            Nilai
                                                                                                                       Alasan Dilakukannya
                                                                                          Objek Transaksi                                                 Transaksi
    Tanggal              Nama Pihak                  Sifat Hubungan Afiliasi                                                Transaksi
                                                                                            Objects of                                                   Transaction
     Date               Name of Parties                  Name of Parties                                              Reasons for Conducting
                                                                                           Transaction                                                      Value
                                                                                                                           Transaction
                                                                                                                                                             (Rp)
 2 Februari 2023    •   Bank Victoria; dan           • PT Victoria Insurance Tbk      Perlindungan cash               Memberikan proteksi all risk       157,562,141
 2 February 2023    •   PT Victoria Insurance Tbk.     dimiliki sahamnya oleh         insurance, Bank Notes, dan      untuk cash insurance, Bank
                    •   Bank Victoria; and             PT Victoria Investama Tbk      Curency Notes yang berada       Notes, dan Curency Notes
                    •   PT Victoria Insurance Tbk.     sebesar 72,95%; dan            dalam brankas/chasier box       atas 38 lokasi kantor Bank
                                                     • PT Victoria Investama Tbk      untuk periode 2 Februari        Victoria.
                                                       merupakan Pemegang             2023-2 Februari 2024.           Providing all risk protection
                                                       Saham Pengendali Bank          Cash insurance protection,      for cash insurance, Bank
                                                       Victoria yang memiliki         Bank Notes and Currency         Notes, and Currency Notes
                                                       saham sebesar 43,41%.          Notes which are in a safe/      for 38 Bank Victoria office
                                                     • PT Victoria Investama Tbk      chasier box for the period of   locations.
                                                       owns 72.95% shares of          2 February 2023-2 February
                                                       PT Victoria Insurance Tbk;     2024.
                                                       and
                                                     • PT Victoria Investama Tbk is
                                                       a Controlling Shareholder
                                                       of Bank Victoria with
                                                       shares of 43.41%.

 15 Februari 2023   •   Bank Victoria; dan           • PT Victoria Insurance Tbk      Kantor milik Bank Victoria,     Memaksimalkan fungsi               65,448,000
 15 February 2023   •   PT Victoria Insurance Tbk.     dimiliki sahamnya oleh         yaitu KCP Surabaya Lt.4         ruangan yang ada untuk
                    •   Bank Victoria; and             PT Victoria Investama Tbk      yang terletak di Jl. Raya       disewakan serta meningkatkan
                    •   PT Victoria Insurance Tbk.     sebesar 72,95%; dan            Darmo No. 173 Kel. Darmo,       sinergi dan cross selling
                                                     • PT Victoria Investama Tbk      Kec. Wonokromo, Surabaya.       antara Bank Victoria dengan
                                                       merupakan Pemegang             Bank Victoria’s office,         PT Victoria Insurance Tbk.
                                                       Saham Pengendali Bank          KCP Surabaya 4th Floor,         Maximizing the function of
                                                       Victoria yang memiliki         located on Jl. Raya Darmo       existing space for rent and
                                                       saham sebesar 43,41%.          No. 173 Kel. Darmo, Kec.        increasing synergy and cross
                                                     • PT Victoria Investama Tbk      Wonokromo, Surabaya.            selling between Bank Victoria
                                                       owns 72.95% shares of                                          and PT Victoria Insurance Tbk.
                                                       PT Victoria Insurance Tbk;
                                                       and
                                                     • PT Victoria Investama Tbk is
                                                       a Controlling Shareholder
                                                       of Bank Victoria with
                                                       shares of 43.41%.

 1 Maret 2023       •   Bank Victoria; dan           • PT Victoria Insurance Tbk      Perlindungan asuransi           Memberikan perlindungan            102,328,537
 1 March 2023       •   PT Victoria Insurance Tbk.     dimiliki sahamnya oleh         gedung (building and            property all risk atas 32 lokasi
                    •   Bank Victoria; and             PT Victoria Investama Tbk      inventory).                     kantor Bank Victoria.
                    •   PT Victoria Insurance Tbk.     sebesar 72,95%; dan            Building and inventory          Providing property all risk
                                                     • PT Victoria Investama Tbk      insurance coverage.             protection for 32 Bank
                                                       merupakan Pemegang                                             Victoria office locations.
                                                       Saham Pengendali Bank
                                                       Victoria yang memiliki
                                                       saham sebesar 43,56%.
                                                     • PT Victoria Investama Tbk
                                                       owns 72.95% shares of
                                                       PT Victoria Insurance Tbk;
                                                       and
                                                     • PT Victoria Investama
                                                       Tbk is a Controlling
                                                       Shareholder of Bank
                                                       Victoria with




140        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 143
                                                                                                                                      Nilai
                                                                                                     Alasan Dilakukannya
                                                                         Objek Transaksi                                            Transaksi
   Tanggal        Nama Pihak         Sifat Hubungan Afiliasi                                              Transaksi
                                                                           Objects of                                              Transaction
    Date         Name of Parties         Name of Parties                                            Reasons for Conducting
                                                                          Transaction                                                 Value
                                                                                                         Transaction
                                                                                                                                       (Rp)
10 Mei 2023   • Bank Victoria; dan   • PT Asri Kencana Gemilang      Sewa ruang kantor di           Menyewa ruang kantor           1,548,385,548
10 May 2023   • PT Asri Kencana        dimiliki sahamnya oleh        Gedung Graha BIP Lt. 3         sebagai kantor pusat Bank
                Gemilang.              PT Bhuwanatala Indah          Jl. Gatot Subroto Kav. 23,     Victoria.
              • Bank Victoria; and     Permai Tbk sebesar            Jakarta Selatan.               Renting office space as Bank
              • PT Asri Kencana        99,99%;                       Lease of office space at       Victoria’s head office.
                Gemilang.            • PT Bhuwanatala Indah          Graha BIP Building 3rd Floor
                                       Permai Tbk dimilki            Jl. Gatot Subroto Kav. 23,
                                       sahamnya oleh Safire          South Jakarta.
                                       Capital Ltd sebesar
                                       66,52%;
                                     • Safire Capital Ltd dimilki
                                       sahamnya oleh Chemical
                                       Asia Corporation Pte Ltd
                                       sebesar 100,00%; dan
                                     • Chemical Asia Corporation
                                       Pte Ltd dimilki sahamnya
                                       oleh Suzanna Tanojo
                                       sebesar 36,58% dan
                                       Louise Li sebesar
                                       63,11%, di mana Louise
                                       Li merupakan anak dari
                                       Suzanna Tanojo.
                                     • PT Bhuwanatala Indah
                                       Permai Tbk owns 99.99%
                                       shares of PT Asri Kencana
                                       Gemilang;
                                     • Safire Capital Ltd owns
                                       66.52% shares of
                                       PT Bhuwanatala Indah
                                       Permai Tbk;
                                     • Chemical Asia Corporation
                                       Pte Ltd owns 100.00%
                                       shares of Safire Capital
                                       Ltd; and
                                     • Chemical Asia Corporation
                                       Pte Ltd is owned by
                                       Suzanna Tanojo with
                                       36.58% shares and Louise
                                       Li with 63.11% shares, in
                                       which Louise Li is a son of
                                       Ms. Suzanna Tanojo.




                                                   2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                141
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      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




                                                                                                                                                       Nilai
                                                                                                                  Alasan Dilakukannya
                                                                                     Objek Transaksi                                                 Transaksi
   Tanggal           Nama Pihak                 Sifat Hubungan Afiliasi                                                Transaksi
                                                                                       Objects of                                                   Transaction
    Date            Name of Parties                 Name of Parties                                              Reasons for Conducting
                                                                                      Transaction                                                      Value
                                                                                                                      Transaction
                                                                                                                                                        (Rp)
27 Juni 2023    •   Bank Victoria; dan          • PT Tri Daya Investindo         Aset tanah seluas 44.816        Menjual aset tanah seluas          60,000,000,000
27 June 2023    •   PT Tri Daya Investindo.       dimiliki sahamnya oleh         m2 yang berlokasi di Perum      44.816 m2 yang berlokasi
                •   Bank Victoria; and            PT Bhuwanatala Indah           Villa Cinere Mas, Jl. Mars      di Perum Villa Cinere Mas
                •   PT Tri Daya Investindo.       Permai Tbk sebesar             Raya, Kel. Pisangan, Kec.       kepada PT Tri Daya Investindo.
                                                  99,99%;                        Ciputat Timur, Tangerang        Selling land assets covering
                                                • PT Bhuwanatala Indah           Selatan.                        an area of 44,816 m2 located
                                                  Permai Tbk dimilki             Land assets covering an         at Perum Villa Cinere Mas to
                                                  sahamnya oleh Safire           area of 44,816 m2 located       PT Tri Daya Investindo.
                                                  Capital Ltd sebesar            at Perum Villa Cinere Mas,
                                                  66,52%;                        Jl. Mars Raya, Kel. Pisangan,
                                                • Safire Capital Ltd dimilki     Kec. East Ciputat, South
                                                  sahamnya oleh Chemical         Tangerang.
                                                  Asia Corporation Pte Ltd
                                                  sebesar 100,00%; dan
                                                • Chemical Asia Corporation
                                                  Pte Ltd dimilki sahamnya
                                                  oleh Louise Li sebesar
                                                  63,11% dan Louise
                                                  Li merupakan anak
                                                  dari Suzanna Tanojo
                                                  (Pemegang Saham
                                                  Pengendali).
                                                • PT Bhuwanatala Indah
                                                  Permai Tbk owns 99.99%
                                                  shares of PT Tri Daya
                                                  Investindo;
                                                • Safire Capital Ltd owns
                                                  66.52% shares of
                                                  PT Bhuwanatala Indah
                                                  Permai Tbk;
                                                • Chemical Asia Corporation
                                                  Pte Ltd owns 100.00%
                                                  shares of Safire Capital
                                                  Ltd; and
                                                • Louise Li owns 63.11%
                                                  shares of Chemical
                                                  Asia Corporation Pte
                                                  Ltd, and Louise Li is a
                                                  son of Suzanna Tanojo
                                                  (Controlling Shareholder).

1 September      • Bank Victoria; dan           • PT Victoria Insurance Tbk      Perlindungan asuransi           Memberikan perlindungan            136,275,430
2023             • PT Victoria Insurance Tbk.     dimiliki sahamnya oleh         gedung (building and            property all risk atas 37 lokasi
                 • Bank Victoria; and             PT Victoria Investama Tbk      inventory).                     kantor Bank Victoria.
                 • PT Victoria Insurance Tbk.     sebesar 72,95%; dan            Building and inventory          Providing property all risk
                                                • PT Victoria Investama Tbk      insurance coverage.             protection for 37 Bank
                                                  merupakan Pemegang                                             Victoria office locations.
                                                  Saham Pengendali Bank
                                                  Victoria yang memiliki
                                                  saham sebesar 44,24%.
                                                • PT Victoria Investama Tbk
                                                  owns 72.95% shares of
                                                  PT Victoria Insurance Tbk;
                                                  and
                                                • PT Victoria Investama Tbk is
                                                  a Controlling Shareholder
                                                  of Bank Victoria with
                                                  shares of 44.24%.




142      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                                                                                                                                                 Nilai
                                                                                                               Alasan Dilakukannya
                                                                                  Objek Transaksi                                              Transaksi
   Tanggal          Nama Pihak                  Sifat Hubungan Afiliasi                                             Transaksi
                                                                                    Objects of                                                Transaction
    Date           Name of Parties                  Name of Parties                                           Reasons for Conducting
                                                                                   Transaction                                                   Value
                                                                                                                   Transaction
                                                                                                                                                  (Rp)
1 September    •   Bank Victoria; dan           • PT Victoria Insurance Tbk    Perlindungan Cash              Memberikan proteksi all         211,200,000
2023           •   PT Victoria Insurance Tbk.     dimiliki sahamnya oleh       Insurance, Bank Notes,         risk dari kehilangan atau
               •   Bank Victoria; and             PT Victoria Investama Tbk    Curency Notes, Cheque,         kerusakan fisik dari sebab
               •   PT Victoria Insurance Tbk.     sebesar 72,95%; dan          Postal Order atau Money        apapun yang timbul seperti
                                                • PT Victoria Investama Tbk    Changer terhadap risiko        aslinya.
                                                  merupakan Pemegang           perampokan selama              Providing all risk protection
                                                  Saham Pengendali Bank        dalam perjalanan saat          from loss or physical damage
                                                  Victoria yang memiliki       pengangkutan/pengiriman.       from any causes arising as it
                                                  saham sebesar 44,24%.        Protection for Cash            was originally.
                                                • PT Victoria Investama Tbk    Insurance, Bank Notes,
                                                  owns 72.95% shares of        Currency Notes, Cheques,
                                                  PT Victoria Insurance Tbk;   Postal Orders, or Money
                                                  and                          Changer protection against
                                                • PT Victoria Investama        the risk of robbery during
                                                  Tbk is a Controlling         ransportation/delivery.
                                                  Shareholder of Bank
                                                  Victoria with shares of
                                                  44.24%.

20 September   • Bank Victoria; dan             • PT Bank Victoria Syariah     Kantor milik Bank Victoria,    Memaksimalkan fungsi            254,520,000
2023           • PT Bank Victoria Syariah         Tbk dimiliki sahamnya        yaitu ex-KCP Kalimalang        ruangan yang ada untuk
                 Tbk.                             oleh Bank Victoria sebesar   yang terletak di Jl. KH        disewakan serta meningkatkan
               • Bank Victoria; and               19,81%; dan                  Noerali No. 41 H, Kel.         sinergi dan cross selling
               • PT Bank Victoria Syariah       • PT Victoria Investama Tbk    Bintara Jaya, Kec. Bekasi      antara Bank Victoria dengan
                 Tbk.                             merupakan Pemegang           Barat, Bekasi.                 PT Bank Victoria Syariah Tbk.
                                                  Saham Pengendali Bank        Bank Victoria’s office,        Maximizing the function of
                                                  Victoria yang memiliki       ex-KCP Kalimalang, located     existing space for rent and
                                                  saham sebesar 44,42%         on Jl. KH Noerali No. 41 H,    increasing synergy and cross
                                                  dan PT Bank Victoria         Kel. Bintara Jaya, Kec. West   selling between Bank Victoria
                                                  Syariah Tbk sebesar          Bekasi, Bekasi.                and PT Bank Victoria Syariah
                                                  90,19%.                                                     Tbk.
                                                • Bank Victoria owns
                                                  19.81% shares of PT Bank
                                                  Victoria Syariah Tbk; and
                                                • PT Victoria Investama
                                                  Tbk is the controlling
                                                  shareholder of Bank
                                                  Victoria which owns
                                                  44.42% shares and
                                                  90.19% shares of PT Bank
                                                  Victoria Syariah Tbk.




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                143
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      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




                                                                                                                                       Nilai
                                                                                                      Alasan Dilakukannya
                                                                            Objek Transaksi                                          Transaksi
   Tanggal            Nama Pihak          Sifat Hubungan Afiliasi                                          Transaksi
                                                                              Objects of                                            Transaction
    Date             Name of Parties          Name of Parties                                        Reasons for Conducting
                                                                             Transaction                                               Value
                                                                                                          Transaction
                                                                                                                                        (Rp)
22 September      • Bank Victoria; dan   • PT Asri Kencana Gemilang     Sewa ruang kantor di         Menyewa ruang kantor             183,186,000
2023              • PT Asri Kencana        dimiliki sahamnya oleh       Gedung Graha BIP Lt. 9       sebagai kantor pusat Bank
                    Gemilang.              PT Bhuwanatala Indah         Jl. Gatot Subroto Kav. 23,   Victoria.
                  • Bank Victoria; and     Permai Tbk sebesar           Jakarta Selatan.             Renting office space as Bank
                  • PT Asri Kencana        99,99%;                      Lease of office space at     Victoria’s head office.
                    Gemilang.            • PT Bhuwanatala Indah         Graha BIP Building 9th
                                           Permai Tbk dimilki           Floor
                                           sahamnya oleh Safire
                                           Capital Ltd sebesar          Jl. Gatot Subroto Kav. 23,
                                           66,52%;                      South Jakarta.
                                         • Safire Capital Ltd dimilki
                                           sahamnya oleh Chemical
                                           Asia Corporation Pte Ltd
                                           sebesar 100,00%; dan
                                         • Chemical Asia Corporation
                                           Pte Ltd dimilki sahamnya
                                           oleh Louise Li sebesar
                                           63,11% dan Louise
                                           Li merupakan anak
                                           dari Suzanna Tanojo
                                           (Pemegang Saham
                                           Pengendali).
                                         • PT Bhuwanatala Indah
                                           Permai Tbk owns 99.99%
                                           shares of PT Asri Kencana
                                           Gemilang;
                                         • Safire Capital Ltd owns
                                           66.52% shares of PT
                                           Bhuwanatala Indah
                                           Permai Tbk;
                                         • Chemical Asia Corporation
                                           Pte Ltd owns 100.00%
                                           shares of Safire Capital
                                           Ltd; and
                                         • Louise Li owns 63.11%
                                           shares of Chemical
                                           Asia Corporation Pte
                                           Ltd, and Louise Li is a
                                           son of Suzanna Tanojo
                                           (Controlling Shareholder).

13 Oktober 2023   • Bank Victoria; dan   • PT Emperor Finance           Sewa ruang kantor di         Menyewa ruang kantor             444,000,000
13 October 2023   • PT Emperor Finance     Indonesia dimiliki           Komplek Ruko Bangkong        sebagai Kantor Cabang
                    Indonesia.             sahamnya oleh                Plaza Blok B-7,              Semarang.
                  • Bank Victoria; and     PT Dwimagna Kapital          Jl. MT Haryono No. 864-      Renting office space as
                  • PT Emperor Finance     Indonesia sebesar            866, Kel. Peterongan,        Semarang Branch Office.
                    Indonesia.             99,00%; dan                  Kec. Semarang Selatan,
                                         • PT Dwimagna Kapital          Semarang.
                                           Indonesia dimilki            Lease of office space at
                                           sahamnya oleh Debora         Bangkong Plaza Ruko
                                           Wahjutirto Tanoyo sebesar    Complex Blok B-7,
                                           24,50% dan merupakan         Jl. MT Haryono No. 864-
                                           Direktur Bank Victoria.      866, Kel. Peterongan,
                                         • PT Dwimagna Kapital          Kec. South Semarang,
                                           Indonesia owns 99.00%        Semarang.
                                           shares of PT Emperor
                                           Finance Indonesia; and
                                         • Debora Wahjutirto Tanoyo
                                           owns 24.50% shares of
                                           PT Dwimagna Kapital
                                           Indonesia and is the
                                           Director of Bank Victoria.




144      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 147
                                                                                                                                                     Nilai
                                                                                                                  Alasan Dilakukannya
                                                                                      Objek Transaksi                                              Transaksi
   Tanggal             Nama Pihak                  Sifat Hubungan Afiliasi                                             Transaksi
                                                                                        Objects of                                                Transaction
    Date              Name of Parties                  Name of Parties                                           Reasons for Conducting
                                                                                       Transaction                                                   Value
                                                                                                                      Transaction
                                                                                                                                                      (Rp)
1 Desember 2023   •   Bank Victoria; dan           • PT Victoria Insurance Tbk    Perlindungan atas 25           Memberikan perlindungan             73,548,223
1 December 2023   •   PT Victoria Insurance Tbk.     dimiliki sahamnya oleh       unit kendaraan asuransi        asuransi total loss only and
                  •   Bank Victoria; and             PT Victoria Investama Tbk    kendaraan (mobil dan           comprehensive (all risk)
                  •   PT Victoria Insurance Tbk.     sebesar 72,95%; dan          motor) untuk periode 1         atas atas 25 unit kendaraan
                                                   • PT Victoria Investama Tbk    Desember 2023 sampai 1         (mobil dan motor) milik Bank
                                                     merupakan Pemegang           Desember 2024.                 Victoria.
                                                     Saham Pengendali Bank        Protection for 25 units        Providing total loss only
                                                     Victoria yang memiliki       of vehicle (cars and           and comprehensive (all risk)
                                                     saham sebesar 44,24%.        motorcycle) insurance for      insurance protection for 25
                                                   • PT Victoria Investama Tbk    the period 1 of December       vehicles (cars and motorcycle)
                                                     owns 72.95% shares of        2023 to 1 December 2024.       owned by Bank Victoria.
                                                     PT Victoria Insurance Tbk;
                                                     and
                                                   • PT Victoria Investama
                                                     Tbk is a Controlling
                                                     Shareholder of Bank
                                                     Victoria with shares of
                                                     44.24%.

22 Desember       • Bank Victoria; dan             • PT Asri Kencana Gemilang     Sewa ruang kantor di           Menyewa ruang kantor             2,615,382,000
2023              • PT Asri Kencana                  dimiliki sahamnya oleh       Gedung Graha BIP Lt. 3         sebagai kantor pusat Bank
22 December         Gemilang.                        PT Bhuwanatala Indah         Jl. Gatot Subroto Kav. 23,     Victoria.
2023              • Bank Victoria; and               Permai Tbk sebesar           Jakarta Selatan.               Renting office space as Bank
                  • PT Asri Kencana                  99,99%;                      Lease of office space at       Victoria’s head office.
                    Gemilang.                      • PT Bhuwanatala Indah         Graha BIP Building 3rd Floor
                                                     Permai Tbk dimilki           Jl. Gatot Subroto Kav. 23,
                                                     sahamnya oleh Safire         South Jakarta.
                                                     Capital Ltd sebesar
                                                     66,52%;
                                                   • Safire Capital Ltd dimilki
                                                     sahamnya oleh Chemical
                                                     Asia Corporation Pte Ltd
                                                     sebesar 100,00%; dan
                                                   • Chemical Asia Corporation
                                                     Pte Ltd dimilki sahamnya
                                                     oleh Louise Li sebesar
                                                     63,11% dan Louise
                                                     Li merupakan anak
                                                     dari Suzanna Tanojo
                                                     (Pemegang Saham
                                                     Pengendali).
                                                   • PT Bhuwanatala Indah
                                                     Permai Tbk owns 99.99%
                                                     shares of PT Asri Kencana
                                                     Gemilang;
                                                   • Safire Capital Ltd owns
                                                     66.52% shares of
                                                     PT Bhuwanatala Indah
                                                     Permai Tbk;
                                                   • Chemical Asia Corporation
                                                     Pte Ltd owns 100.00%
                                                     shares of Safire Capital
                                                     Ltd; and
                                                   • Louise Li owns 63.11%
                                                     shares of Chemical
                                                     Asia Corporation Pte
                                                     Ltd, and Louise Li is a
                                                     son of Suzanna Tanojo
                                                     (Controlling Shareholder).




                                                                2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                145
Page 148
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




                                                                                                                                          Nilai
                                                                                                         Alasan Dilakukannya
                                                                             Objek Transaksi                                            Transaksi
    Tanggal          Nama Pihak            Sifat Hubungan Afiliasi                                            Transaksi
                                                                               Objects of                                              Transaction
     Date           Name of Parties            Name of Parties                                          Reasons for Conducting
                                                                              Transaction                                                 Value
                                                                                                             Transaction
                                                                                                                                           (Rp)
 22 Desember     • Bank Victoria; dan     • PT Asri Kencana Gemilang     Sewa ruang kantor di           Menyewa ruang kantor             781,218,000
 2023            • PT Asri Kencana          dimiliki sahamnya oleh       Gedung Graha BIP Lt. 9         sebagai kantor pusat Bank
 22 December       Gemilang.                PT Bhuwanatala Indah         Jl. Gatot Subroto Kav. 23,     Victoria.
 2023            • Bank Victoria; and       Permai Tbk sebesar           Jakarta Selatan.               Renting office space as Bank
                 • PT Asri Kencana          99,99%;                      Lease of office space at       Victoria’s head office.
                   Gemilang.              • PT Bhuwanatala Indah         Graha BIP Building 9th Floor
                                            Permai Tbk dimilki           Jl. Gatot Subroto Kav. 23,
                                            sahamnya oleh Safire         South Jakarta.
                                            Capital Ltd sebesar
                                            66,52%;
                                          • Safire Capital Ltd dimilki
                                            sahamnya oleh Chemical
                                            Asia Corporation Pte Ltd
                                            sebesar 100,00%; dan
                                          • Chemical Asia Corporation
                                            Pte Ltd dimilki sahamnya
                                            oleh Louise Li sebesar
                                            63,11% dan Louise
                                            Li merupakan anak
                                            dari Suzanna Tanojo
                                            (Pemegang Saham
                                            Pengendali).
                                          • PT Bhuwanatala Indah
                                            Permai Tbk owns 99.99%
                                            shares of PT Asri Kencana
                                            Gemilang;
                                          • Safire Capital Ltd owns
                                            66.52% shares of PT
                                            Bhuwanatala Indah
                                            Permai Tbk;
                                          • Chemical Asia Corporation
                                            Pte Ltd owns 100.00%
                                            shares of Safire Capital
                                            Ltd; and
                                          • Louise Li owns 63.11%
                                            shares of Chemical
                                            Asia Corporation Pte
                                            Ltd, and Louise Li is a
                                            son of Suzanna Tanojo
                                            (Controlling Shareholder).




Transaksi dengan Afiliasi dan Kewajaran Transaksi                          Transactions with Affiliates and Fairness of
                                                                           Transactions
Seluruh transaksi dengan pihak afiliasi pada tahun 2023                    All transactions with affiliated parties in 2023 were done in
dilakukan secara wajar (Arm’s Length) dan sesuai dengan                    Arm’s Length and in accordance with laws and regulations. The
peraturan perundang-undangan. Transaksi dilakukan atas dasar               transactions are conducted based on the Bank’s needs and free
alasan kebutuhan Bank dan bebas dari konflik kepentingan.                  of any conflict of interest.


Pemenuhan Peraturan dan Ketentuan Terkait                                  Fulfillment of Related Regulations and Provisions
Bank telah memenuhi peraturan dan ketentuan terkait, yaitu                 The Bank has complied with related laws and regulation, that is
Peraturan Otoritas Jasa Keuangan No. 42/POJK/04/2020 tanggal               Financial Services Authority Regulation No. 42/POJK/04/2020
1 Juli 2020 tentang Transaksi Afiliasi dan Transaksi Benturan              dated 1 July 2020, on Transactions with Affiliation and
Kepentingan.                                                               Transactions with Conflict of Interest.




146       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Pernyataan Dewan Komisaris, Direksi, dan Komite                               Statement of Board of Commissioners, Board of
Audit                                                                         Directors, and Audit Committee
Direksi menyatakan bahwa transaksi dengan pihak afiliasi ini                  The Board of Directors states that transactions with affiliated
telah melalui prosedur yang memadai untuk memastikan bahwa                    parties were done with adequate procedures to ensure that
transaksi dilaksanakan sesuai dengan praktik bisnis yang berlaku              the transactions were done in accordance with generally
umum antara lain dilakukan dengan memenuhi prinsip transaksi                  accepted business practices, among others, by complying with
yang wajar (arms length principle). Selain itu, peran Dewan                   the arms-length principle. In addition, the role of the Board of
Komisaris dan Komite Audit dalam melakukan prosedur yang                      Commissioners and the Audit Committee in performing adequate
memadai untuk memastikan bahwa transaksi dilaksanakan sesuai                  procedures to ensure that transactions were carried out in
dengan praktik bisnis yang berlaku umum antara lain dilakukan                 accordance with generally accepted business practices, among
dengan memenuhi prinsip transaksi yang wajar (arms length                     others, by complying with the arms-length principle.
principle).



Transaksi dengan Pihak Berelasi                                               Transaction with Related Parties

Dalam kegiatan normal usaha, Bank Victoria melakukan transaksi                In routine business activities, Bank Victoria makes transactions
dengan pihak berelasi karena hubungan kepemilikan dan/atau                    with related parties due to relationships in ownership and/or
kepengurusan. Seluruh transaksi dengan pihak-pihak berelasi                   management. All transactions with related parties are made
telah dilakukan dengan persyaratan dan kondisi yang sama                      under the same terms and conditions as those applied to third
seperti yang diberlakukan kepada pihak ketiga.                                parties.


Nama dan Sifat Hubungan Berelasi                                              Name and Nature of Relationships
Informasi terkait nama dan sifat hubungan pihak-pihak berelasi                Information regarding the names and nature of relationships
yang melakukan transaksi dengan Bank Victoria disajikan dalam                 of related parties conducting transactions with Bank Victoria is
tabel berikut:                                                                presented in the following table:


             Pihak-Pihak Berelasi                              Sifat dari Hubungan                               Jenis Transaksi
               Related Parties                                Nature of Relationship                           Type of Transaction
 PT Victoria Investama Tbk                           Pemegang Saham                                Simpanan Nasabah, Pinjaman yang Diberikan
                                                     Shareholder                                   Deposits from Customers, Loans

 PT Bank Victoria Syariah                            Dimiliki oleh Pemegang Saham Utama            Simpanan dari Bank Lain
                                                     Under Common Control                          Deposits from Other Banks

 PT Victoria Sekuritas Indonesia, PT Grha Swahita,   Dimiliki oleh Pemegang Saham Utama            Simpanan Nasabah, Pinjaman yang Diberikan
 PT Merak Energi Indonesia, dan PT Tridaya           Under Common Control                          Deposits from Customers, Loans
 Investindo (dahulu PT BIP Tridaya Propertindo).
 PT Victoria Sekuritas Indonesia, PT Grha
 Swahita, PT Merak Energi Indonesia, and
 PT Tridaya Investindo (formerly PT BIP Tridaya
 Propertindo).

 PT Jaya Bhakti Mandiri dan PT Cahaya Medika         Dimiliki oleh Pemegang Saham Utama            Pinjaman yang Diberikan
 Health Care                                         Under Common Control                          Loans
 PT Jaya Bhakti Mandiri and PT Cahaya Medika
 Health Care

 PT Victoria Insurance Indonesia                     Dimiliki oleh Pemegang Saham Utama            Simpanan Nasabah, Pinjaman yang Diberikan,
                                                     Under Common Control                          Asuransi Aset Tetap dan Asuransi Kas
                                                                                                   Deposits from Customers, Loans, Fixed Assets
                                                                                                   Insurance and Cash Insurance




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk        147
Page 150
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




            Pihak-Pihak Berelasi                             Sifat dari Hubungan                             Jenis Transaksi
              Related Parties                               Nature of Relationship                         Type of Transaction

 PT Padi Unggul Indonesia, PT Victoria Alife       Dimiliki oleh Pemegang Saham Utama          Simpanan nasabah
 Indonesia, PT Victoria Manajemen Investasi,       Under Common Control                        Deposits from customers
 PT BIP Loka Kencana, PT BIP Sentosa, PT Studio
 One PT Asri Kencana Gemilang, PT Artoda
 Karya Gemilang, PT Bhuwanatala Indah Permai,
 PT Frogurt Sari Indonesia, PT Emperor Finance
 Indonesia, PT Grata Mulia Pratama, PT Putra
 Asih Laksana, PT Suryayudha Investindo Cipta,
 PT GMT Investama Mandiri Tbk, PT Dwimagna
 Kapital Indonesia, PT Magna Investa Mandiri,
 PT Bintang Jaya Bara Sentosa, PT BIP Boga
 Entertainment, PT BIP Boga Permai, PT Bumi
 Semesta Lestari, PT Prolestari Mega Persada,
 PT Regis Pratama Indonesia, PT Surya Cakra
 Multi Sarana, dan PT Verena Kapital
 PT Padi Unggul Indonesia, PT Victoria Alife
 Indonesia, PT Victoria Manajemen Investasi,
 PT BIP Loka Kencana, PT BIP Sentosa, PT Studio
 One PT Asri Kencana Gemilang, PT Artoda
 Karya Gemilang, PT Bhuwanatala Indah Permai,
 PT Frogurt Sari Indonesia, PT Emperor Finance
 Indonesia, PT Grata Mulia Pratama, PT Putra
 Asih Laksana, PT Suryayudha Investindo Cipta,
 PT GMT Investama Mandiri Tbk, PT Dwimagna
 Kapital Indonesia, PT Magna Investa Mandiri,
 PT Bintang Jaya Bara Sentosa, PT BIP Boga
 Entertainment, PT BIP Boga Permai, PT Bumi
 Semesta Lestari, PT Prolestari Mega Persada,
 PT Regis Pratama Indonesia, PT Surya Cakra
 Multi Sarana, and PT Verena Kapital

 PT Sulfindo Adiusaha                              Dimiliki oleh Pemegang Saham Utama          Simpanan Nasabah, Bank Garansi
                                                   Under Common Control                        Deposits from customers, Bank Guarantee

 PT Nata Patindo dan Christine Tanojo              Pemegang Saham                              Simpanan Nasabah
                                                   Shareholder                                 Deposits from customers

 Suzanna Tanojo                                    Pemegang Saham Pengendali                   Simpanan Nasabah
                                                   Controlling Shareholder                     Deposits from customers

 Luciana Tanoyo                                    Hubungan Keluarga dengan Suzanna Tanojo     Simpanan Nasabah
                                                   Relative of Suzanna Tanojo                  Deposits from customers

 Dewan Komisaris, Direksi, dan Pejabat Eksekutif   Manajemen dan Karyawan Kunci                Simpanan Nasabah, Pinjaman yang Diberikan
 Bank                                              Key Management and Employees                Deposits from Customers, Loans
 Board of Commissioners, Board of Directors, and
 Executive Officers of the Bank

 Dewan Komisaris, Direksi, Eksekutif Entitas       Manajemen dan Karyawan Kunci                Simpanan Nasabah, Pinjaman yang Diberikan
 Asosiasi                                          Key Management and Employees                Deposits from Customers, Loans
 Board of Commissioners, Board of Directors,
 Executive Officers of Associated Entity



Informasi terkait rincian saldo transaksi dengan pihak-pihak               Information regarding details of transaction balances with
berelasi telah diungkapkan dan dapat dilihat pada Catatan atas             related parties is disclosed and can be seen in Notes to Financial
Laporan Keuangan No. 39 tentang Informasi Mengenai Pihak-                  Statements No. 39 on Information of Related Parties.
Pihak Berelasi.


Kewajaran dan Alasan Dilakukan Transaksi                                   Fairness in         and     Reasons           for   Conducting
                                                                           Transactions
Transaksi dengan pihak berelasi telah dilakukan secara wajar               Transactions with related parties have been conducted fairly in
sesuai dengan kepentingan Bank (arm’s length transaction).                 accordance with the Bank’s Interests (Arm’s Length Transaction).
Seluruh transaksi dengan pihak berelasi dilaksanakan atas dasar            All transactions with related parties are carried out on the
alasan kebutuhan usaha Bank Victoria serta ditujukan untuk                 grounds of the business needs of Bank Victoria and are aimed at
meningkatkan kinerja Bank.                                                 improving the Bank’s performance.




148       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Kebijakan Mekanisme Review atas Transaksi dan                     Review Mechanism Policy on Transactions and
Pemenuhan Peraturan Terkait                                       Compliance with Related Regulations
Mengacu pada Peraturan Bank Indonesia No. 7/3/PBI/2005            Referring to Bank Indonesia Regulation No. 7/3/PBI/2005 on
tentang Batas Maksimum Pemberian Kredit Industri Perbankan,       Legal Lending Limit for Banking Industry, as amended by Bank
yang telah diubah dengan Peraturan Bank Indonesia                 Indonesia Regulation No. 8/13/PBI/2006 on Amendment to Bank
No. 8/13/PBI/2006 tentang Perubahan atas Peraturan Bank           Indonesia Regulation No. 7/3/PBI/2005 on Legal Lending Limit
Indonesia No. 7/3/PBI/2005 tentang Batas Maksimum Pemberian       for Banking Industry, the Bank must apply prudential principles
Kredit Industri Perbankan, Bank wajib menerapkan prinsip          and risk management in Financing, particularly Financing to
kehati-hatian dan manajemen risiko dalam memberikan               Related Parties and/or Large Exposures, and the Board of
Penyediaan Dana, khususnya Penyediaan Dana Kepada Pihak           Directors’ Decision Letter No. 017/SK-DIR/06/13 dated 18 June
Terkait dan atau Penyediaan Dana Besar, dan Surat Keputusan       2013 on Legal Lending Limit (LLL) Consolidation Work Unit, the
Direksi No. 017/SK-DIR/06/13 tanggal 18 Juni 2013 tentang         Compliance Division is appointed as the Work Unit in charge of
Unit Kerja Pengkonsolidasi Batas Maksimum Pemberian Kredit        processing information on related LLL exposure.
(BMPK) menunjuk Divisi Kepatuhan sebagai Unit Kerja yang
bertugas mengelola informasi eksposur BMPK terkait.



Komitmen dan Kontinjensi                                          Commitments and Contingencies

Komitmen dan kontinjensi Bank selama 2 (dua) tahun buku           The Bank’s commitments and contingencies for the past 2 (two)
terakhir dinyatakan dalam nilai kontrak sebagai berikut:          fiscal years are stated in contract value as follows:

                                                                                                     (dalam jutaan Rupiah / in million Rupiah)


                  Uraian                      2023                             2022                           Description
 Komitmen / Commitments

 Liabilitas Komitmen                                                                                           Commitment Liabilities

 Fasilitas Pinjaman yang Belum                                                                                  Unused Loans Facilities
 Digunakan

   Pihak Ketiga                            (5,280,610)                     (4,016,398)                                    Third Parties

   Pihak Berelasi                             (17,037)                        (17,296)                                 Related Parties

 Liabilitas Komitmen - Bersih              (5,297,647)                     (4,033,694)                   Commitment Liabilities - Net

 Rasio Kepatuhan / Contingencies

 Tagihan Kontinjensi                                                                                           Contingent Receivables

 Pendapatan Bunga atas Pinjaman               311,524                         364,248                    Interest Receivables on Non-
 Bermasalah - Pihak Ketiga                                                                            Performing Loans - Third Parties

 Liabilitas Kontinjensi                                                                                           Contingent Liabilities

 Garansi yang Diterbitkan – Pihak                (271)                         (2,498)             Guarantees Issued – Related Parties
 Berelasi

 Garansi yang Diterbitkan – Pihak            (982,532)                       (345,130)               Guarantees Issued – Third Parties
 Ketiga

 Letter of Credit                             (60,564)                        (18,706)                                    Letter of Credit

 Kontinjensi - Bersih                        (731,843)                         (2,085)                                  Contingent - Net

 Total Liabilitas Komitmen dan             (6,029,490)                     (4,035,779)                        Total Commitment and
                                                                                                       Contingencies Liabilities – Net
 Kontinjensi – Bersih




                                                 2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            149
Page 152
      Analisis dan Pembahasan Manajemen
      Management Discussion and Analysis




Larangan, Batasan, dan/atau Hambatan                                           Prohibitions, Restrictions, and/or Significant
Signifikan untuk Melakukan Transfer Dana                                       Barriers to Transfer Funds between the Bank
antara Bank dan Entitas Lain dalam Satu                                        and Other Entities in One Business Group
Kelompok Usaha

Bank Victoria tidak memiliki larangan/batasan dalam prosedur                   Bank Victoria has no restrictions/limitations in operational
operasional terkait transfer dana nasabah, baik dalam bentuk                   procedures regarding Customer’s fund transfer either incoming
transfer masuk maupun transfer keluar antara Bank dan entitas                  and outgoing transfers between the Bank and other entities
lain dalam 1 (satu) kelompok usaha. Dalam menyalurkan pinjaman                 within 1 (one) business group. In providing loans to third parties
ke pihak ketiga dan entitas lainnya dalam 1 (satu) kelompok                    and other entities within 1 (one) business group, Bank Victoria
usaha, Bank Victoria mengacu pada BMPK yang telah dibuat oleh                  refers to LLL formulated by the Accounting Division, and the
Divisi Accounting dan dipantau oleh Divisi Compliance & System                 activity is monitored by the Compliance & System Procedure
Procedure dan Divisi Credit Risk Review.                                       Division and Credit Risk Review Division.



Perubahan Peraturan Perundang-Undangan                                         Amendments to Laws and Regulations with
yang Berpengaruh Signifikan terhadap                                           Significant Impacts on the Bank’s Performance
Kinerja Bank

Sepanjang tahun 2023, terdapat perubahan peraturan                             Throughout 2023, there were amendments to laws and
perundang-undangan yang berpengaruh signifikan terhadap                        regulations that significantly affected the Bank’s performance,
kinerja Bank yang diuraikan sebagai berikut:                                   as outlined below:


                  Peraturan                          Dampak terhadap Laporan Keuangan                         Penyesuaian yang Dilakukan
                  Regulation                           Impact on Financial Statements                             Adjustment Made
 Peraturan      Otoritas     Jasa     Keuangan     Tidak berdampak signifikan terhadap Laporan         Surat Keputusan Direksi No. 007A/SK-DIR/12/23
 No. 08 Tahun 2023                                 Keuangan Bank                                       tentang Kebijakan Anti Money Laundering,
 Financial    Services   Authority   Regulation    Has no significant impact on the Bank’s Financial   Counter Terrorist Financing & Weapon Mass
 No. 08 of 2023                                    Statements                                          Destruction (AML, CTF, & WMD)
                                                                                                       Board   of    Directors’    Decision   Letter
                                                                                                       No. 007A/SK-DIR/12/23 on Policies on Anti-
                                                                                                       Money Laundering, Counter-Terrorist Financing
                                                                                                       & Weapon Mass Destruction (AML, CFT, & WMD)

 Peraturan       Otoritas     Jasa      Keuangan   Tidak berdampak signifikan terhadap Laporan         Sosialisasi Peraturan Otoritas Jasa Keuangan
 No. 17 Tahun 2023                                 Keuangan Bank                                       No. 17 Tahun 2023 tentang Penerapan Tata
 Financial Services Authority Regulation           Has no significant impact on the Bank’s Financial   Kelola bagi Bank Umum
 No. 17 of 2023                                    Statements                                          Dissemination of Financial Services Authority
                                                                                                       Regulation No. 17 of 2023 on Implementation of
                                                                                                       Governance for Commercial Banks




Perubahan Kebijakan Akuntansi                                                  Amendments to Accounting Policies

Alasan Perubahan Kebijakan Akuntansi                                           Reasons of Amendments to Accounting Policies
Bank menerapkan perubahan kebijakan akuntansi baru di tahun                    The Bank implemented a new accounting policy amendment
2023 adalah untuk mematuhi Pernyataan Standar Akuntansi                        in 2023 to comply with the applicable Statement of Financial
Keuangan (PSAK) yang berlaku.                                                  Accounting Standards (PSAK).




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Perubahan Kebijakan Akuntansi yang Signifikan                         Significant Amendments to Accounting Policies
Standar akuntansi keuangan, perubahan, dan interpretasi               Financial accounting standards, amendments, and interpretations
standar akuntansi keuangan yang berlaku efektif sejak 1 Januari       of financial accounting standards effective as of 1 January 2023
2023 sebagai berikut:                                                 are as follows:
1. Amandemen PSAK 1: Penyajian Laporan Keuangan -                     1. Amendment to PSAK 1: Presentation of Financial Statements
    Pengungkapan Kebijakan Akuntansi;                                      - Disclosure of Accounting Policies;
2. Amandemen PSAK 25: Kebijakan Akuntansi, Perubahan                  2. Amendment to PSAK 25: Accounting Policies, Changes in
    Estimasi Akuntansi, dan Kesalahan terkait Definisi Estimasi            Accounting Estimates, and Errors regarding Definition of
    Akuntansi; dan                                                         Accounting Estimates; and
3. Amandemen PSAK 46: Pajak Penghasilan Pajak Tangguhan               3. Amendment to PSAK 46: Income Taxes regarding Deferred
    Terkait Aset dan Liabilitas yang Timbul dari Transaksi                 Tax related to Assets and Liabilities arising from a Single
    Tunggal.                                                               Transaction.


Dampak Perubahan Kebijakan Akuntansi terhadap                         Impact of Amendments to Accounting Policies on
Laporan Keuangan Bank                                                 Bank Financial Statements
Implementasi dari standar-standar tersebut tidak menghasilkan         The implementation of the above standards did not result in
perubahan substansial terhadap kebijakan akuntansi Bank dan           substantial changes to the Bank’s accounting policies and had
tidak memiliki dampak yang material terhadap laporan keuangan         no material impact to the Financial Statements for current year
di tahun berjalan atau tahun sebelumnya.                              or prior financial years.




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   151
Page 154
                   ASPEK
                   PENDUKUNG BISNIS
                   Aspect of Business Support




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2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   153
Page 156
      Aspek Pendukung Bisnis
      Aspect of Business Support




Teknologi Informasi
Information Technology



Pandemi Covid-19 mendorong perubahan perilaku masyarakat               The Covid-19 pandemic has changed people’s behavior in using
dalam bertransaksi secara digital yang menuntut Bank untuk             digital transactions, which requires the Bank to continuously
mengembangkan perbankan digital secara berkesinambungan. Bank          develop digital banking. The Bank constantly adds new features
senantiasa menambahkan fitur baru guna meningkatkan kemudahan          to increase transactions’ convenience and comfort, maintain
dan kenyamanan bertransaksi, mempertahankan keandalan dan              transactions’ reliability and security, and develop digital and
keamanan transaksi, serta mengembangkan ekosistem perbankan            electronic banking ecosystem by focusing on the development of
digital dan elektronik dengan berfokus pada pengembangan mobile        mobile banking and internet banking. This commitment places
banking dan internet banking. Komitmen ini menempatkan Bank            the Bank to be ready to face digital evolution in the banking
pada posisi yang siap dalam menghadapi evolusi digital di industri     industry.
perbankan.



Roadmap Teknologi Informasi                                            Information Technology Roadmap

Bank telah merancang roadmap pengembangan Teknologi Informasi          The Bank has designed an Information Technology (IT)
(TI) yang diselaraskan dengan rencana jangka menengah dan jangka       development roadmap, aligned with medium-term and long-term
panjang. Beberapa langkah kunci yang diambil oleh Bank meliputi:       plans. Some of the key steps taken by the Bank include:
1. Melakukan pengembangan berkelanjutan dalam revamping                1. Carrying out continuous development in revamping internet
     internet banking dan mobile banking dengan menyediakan fitur          banking and mobile banking by providing excellent and
     dan produk digital yang unggul dan bersaing serta dilengkapi          competitive digital features and products, equipped with
     dengan pembukaan rekening digital (digital on boarding)               digital account openings (digital on boarding) by using
     menggunakan teknologi biometric. Pembukaan rekening digital           biometric technology. The digital account opening is aimed
     tersebut bertujuan untuk menarik minat nasabah baru serta             to attract new customers and existing customers to be more
     nasabah yang sudah ada agar lebih tertarik untuk menempatkan          interested in placing funds and making transactions through
     dana dan bertransaksi melalui Bank Victoria;                          Bank Victoria;
2. Melakukan pengembangan berkelanjutan dalam revamping                2. Carrying out continuous development in revamping internet
     internet banking business dengan fitur-fitur finansial dan            banking business with financial and non-financial features,
     non-finansial serta dilengkapi dengan fitur cash management,          equipped with cash management features, including virtual
     antara lain virtual account dan payroll untuk kebutuhan               accounts and payroll for company’s financial transaction
     transaksi keuangan dari perusahaan;                                   needs;
3. Meningkatkan kualitas layanan kepada nasabah dengan                 3. Improving services quality to customers by developing
     melakukan pengembangan digital operations, yaitu melakukan            digital operations, which is by conducting non-cash
     aktivitas transaksi non-tunai dengan menggunakan teknologi            transaction activities using video banking technology, so
     video banking, sehingga interaksi terhadap transaksi dapat            as interaction with transactions can be carried out virtually
     dilakukan secara virtual namun tetap mengedepankan prinsip            but still prioritizing the principle of prudence and security in
     kehati-hatian serta keamanan transaksi;                               transactions;
4. Melakukan kerja sama dengan pihak ketiga seperti kementerian,       4. Cooperating with third parties, such as ministries, banks,
     bank, lembaga keuangan non-bank, e-commerce, online travel            non-bank financial institutions, e-commerce, online travel
     agent, peer to peer lending dengan skema platform business            agents, and peer to peer lending with a business platform
     (omni channel) untuk meningkatkan jumlah nasabah dan                  (omni channel) scheme, to increase the number of customers
     frekuensi transaksi; dan                                              and transaction frequency; and
5. Memperkenalkan ekosistem digital lending untuk memberikan           5. Introducing a digital lending ecosystem to provide the source
     sumber nasabah kredit kepada Bank dan kecepatan proses kredit         of credit customers to the Bank and the speed of the Bank’s
     Bank kepada nasabah kredit.                                           loan process to credit customers.


Dengan implementasi roadmap TI, Bank Victoria berharap                 By implementing IT roadmap, Bank Victoria expects to continue
dapat terus meningkatkan kinerja operasional, mengoptimalkan           improving operational performance, optimizing IT use, and
penggunaan TI, dan tetap relevan dalam pasar yang terus berubah.       staying relevant in the ever-changing market.




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Skema Rencana Strategis Keamanan                                                                                      Chart of Information Technology’s Security
Teknologi Informasi                                                                                                   Strategic Plan
                                       Previous Security Management                                                                               Target Security Management

                                                                         Tidak sentralisasi security monitoring                                                                    Sentralisasi security
                                Security Admin                                                                                            Security Admin
                                                                         investigasi.                                                                                              monitoring investigasi.
                                                                         Not centralizing the security                                                                             Centralizing the security monitoring
                                                                         monitoring investigation.                                                                                 investigation.
                             Physical Environment                                                                                      Physical Environment
                                                                         Tidak memiliki aplikasi monitoring user.                                                                  Memiliki aplikasi monitoring
                                                                         Not centralizing the security                                                                             and performance user.
                                                                         monitoring investigation.                                                                                 Having monitoring application
                                 Application                                                                                               Application                             and performance user.
                                                                         DC/DR tidak memiliki access control
            Security Audit




                                                                         secara sentralisasi perangkat dan hanya                                                                   DCOR memiliki access control secara
                                                                         menggunakan log book.                                                                                     sentralisasi perangkat dan hanya
                                                                         DC/DR does not have centralized access                                                                    menggunakan log book.
                                                                         control device and only uses log book.                                                                    DCOR has centralized access control
                                                    Security Operation




                                                                                                                                                                                   device and only uses log book.




                                                                                                                                                              Security Operation
Security Audit




                                                                                                                      Security Audit
                                                                         Tidak memiliki sentralisasi aplikasi
                                  Database                               monitoring dan semua port terbuka.                                 Database                               Memiliki sentralisasi aplikasi
                                                                         Not having centralized monitoring                                                                         monitoring dan semua port terbuka.
                                                                         application and all ports are open.                                                                       Having centralized monitoring
                                                                                                                                                                                   application and all ports are open.
                                                                         Tidak memiliki standardisasi
                                                                         DB dan Control.                                                                                           Memiliki standarisasi DB dan Control.
                                                                         Not having standardized                                                                                   Having standardized DB and Control.
                                                                         DB and Control.
                              Operating System                                                                                          Operating System
                                                                         Tidak ada pembatasan user/akses                                                                           Pembatasan user akses server/
                                                                         server tidak sentralisasi monitoring.                                                                     tidak sentralisasi monitoring.
                                                                         No limitation of users/server access                                                                      Limitation of server access users/not
                                                                         not centralizing the monitoring.                                                                          centralizing the monitoring.


                                                                         Tidak Pentest dan VA.                                                                                     Pentest dan VA setiap tahun.
                                                                         No Pentest and VA.                                                                                        Pentest and VA every year.
                                  Hardware                                                                                                  Hardware

                                                                         Di network, tidak ada firewall                                                                            Di network, ada firewall dan
                                                                         dan tidak sentralisasi monitoring.                                                                        tidak sentralisasi monitoring.
                                                                         In Network, there is no firewall                                                                          In Network, there is no firewall
                                                                         and no centralized monitoring.                                                                            and no centralized monitoring.


                                                                                                                                                                                   Rutin sosialisasi program
                                                                         Kurangnya sosialisasi program                                                                             kesadaran keamanan.
                                   Network                               kesadaran keamanan.                                                 Network
                                                                                                                                                                                   Routine dissemination of the security
                                                                         Lack of dissemination of the security                                                                     awareness program.
                                                                         awareness program.

                                                                                                                                                                                   Kebijakan dan prosedur selalu
                                                                         Kebijakan dan prosedur                                                                                    di tinjau dan diperbarui.
                                                                         sangat terbatas.                                                                                          Policies and procedures are always
                   Policy and              Security                      Very limited policies and procedures.
                                                                                                                                Policy and           Security
                                                                                                                                                                                   reviewed and updated.
                   Standard               Awareness                                                                             Standard            Awareness


>              Investasi terbatas untuk infrastruktur keamanan.                                                     > Akan menerapkan secara aktif dan reguler VA dan pentester.
>              IT Security hanya fokus pada perbaikan infrastruktur.                                                > Melakukan investasi untuk perbaikan infrastruktur.
>              Kurangnya program kesadaran keamanan.                                                                > Peningkatan prosedur keamanan yg komprehensif dan sesuai dengan standar SOP
>              Minimnya keterlibatan IT Section dalam proses pengembangan aplikasi baru.                              keamanan yang sudah ditentukan.
>              Limited investment in security infrastructure.                                                       > Akan melakukan program kesadaran keamanan yang terintegrasi dan terpadu serta
>              IT Security only focuses on improving infrastructure.                                                  melakukan penegakan kesadaran prosedur keamanan.
>              Lack of security awareness program.                                                                  > IT Section akan dilibatkan dalam proses pengembangan aplikasi baru.
>              Lack of IT Section involvement in the process of developing new applications.                        > Will actively and regularly implement VA and pentester.
                                                                                                                    > Investing in infrastructure improvement.
                                                                                                                    > Enhanced comprehensive security procedures and in accordance with the
                                                                                                                      predetermined security SOP standards.
                                                                                                                    > Will carry out integrated and unified security awareness programs and enforce
                                                                                                                      awareness of security procedures.
                                                                                                                    > IT Section will be involved in the process of developing new applications.




Penerapan Manajemen Risiko dalam                                                                                      Implementation of Risk Management in the
Penggunaan Teknologi Informasi                                                                                        Use of Information Technology

Integrasi TI dalam kegiatan operasional Bank dapat meningkatkan                                                       IT integration within the Bank operational activities may increase
risiko yang dihadapi. Oleh karenanya, Bank mengimplementasikan                                                        the risks encountered. Therefore, the Bank implements risk
manajemen risiko pada penggunaan TI melalui 4 (empat) aspek                                                           management in the use of IT through the following 4 (four)
berikut:                                                                                                              aspects:




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      Aspek Pendukung Bisnis
      Aspect of Business Support




Pengawasan Aktif Dewan Komisaris dan Direksi                            Active Monitoring of Board of Commissioners and
                                                                        Board of Directors
Penggunaan TI di Bank memerlukan pengawasan aktif dari Dewan            The use of IT at the Bank requires active monitoring by the Board of
Komisaris dan Direksi beserta organ pendukung masing-masing. Oleh       Commissioners and Board of Directors including their respective
karena itu, setiap Dewan Komisaris dan Direksi memiliki wewenang        supporting organs. Therefore, the Board of Commissioners and
dan tanggung jawab terhadap pemanfaatan TI yang diuraikan               Board of Directors each has its authority and responsibility for the
sebagai berikut:                                                        use of IT, which is described as follows:
1. Dewan Komisaris bertugas dan berwenang untuk mengevaluasi,           1. The Board of Commissioners has the duty and authority to
    mengarahkan, dan memantau rencana strategis serta                       evaluate, direct, and monitor the Bank’s strategic plan and
    kebijakan Bank terkait penggunaan TI, termasuk menilai                  policies related to IT use, including to evaluate the Board
    pertanggungjawaban Direksi atas penerapan manajemen risiko              of Directors’ accountability for the implementation of risk
    dalam penggunaan TI; dan                                                management in IT use; and
2. Direksi bertugas dan berwenang menetapkan rencana strategis,         2. The Board of Directors has the duty and authority to establish
    kebijakan, standar, dan prosedur penggunaan TI Bank;                    strategic plan, policies, standards, and procedures for the
    memastikan TI mendukung pertumbuhan bisnis dan tujuan                   Bank’s IT use; confirm that the IT supports the Company’s
    perusahaan, serta kelangsungan pelayanan kepada nasabah;                business growth and objectives, as well as service continuity
    menyelenggarakan kegiatan peningkatan kompetensi sumber                 to customers; carry out activities to increase human capital
    daya manusia terkait TI; menjamin keamanan informasi dengan             competencies related to IT; guarantee information security
    sistem pengelolaan yang efektif; menerapkan manajemen                   with effective management system; implement adequate
    risiko TI secara memadai; memastikan penerapan kebijakan                IT risk management; ensure effective implementation of IT
    TI secara efektif; dan menyediakan sistem pengukuran kinerja            policies; and provide performance measurement system of IT
    penyelenggaraan TI.                                                     implementation.


Untuk mendukung tanggung jawab Direksi dalam tata kelola TI,            To support the Board of Directors’ responsibility in IT governance,
Bank juga membentuk Komite Teknologi Informasi yang memberikan          the Bank also established an Information Technology Committee,
rekomendasi terkait aspek tata kelola TI dan manajemen risiko           which provides recommendations related to IT governance
penggunaan TI.                                                          aspects and risk management in the use of IT.


Kecukupan Kebijakan, Standar, dan Prosedur                              Adequacy of Policies, Standards, and Procedures
Penyelenggaraan Teknologi Informasi                                     of Information Technology Implementation
Kebijakan, standar, dan prosedur penyelenggaraan TI Bank secara         Policies, standards, and procedures of the implementation of
khusus dibuat berdasarkan Peraturan Otoritas Jasa Keuangan              the Bank’s IT are particularly prepared based on the Financial
No. 11 Tahun 2022 tentang Penyelenggaraan Teknologi Informasi           Services Authority Regulation No. 11 of 2022 on Information
oleh Bank Umum dan Peraturan Otoritas Jasa Keuangan                     Technology Operations by Commercial Banks and Financial
No. 21 Tahun 2023 tentang Layanan Digital oleh Bank Umum.               Services Authority Regulations No. 21 of 2023 on Digital
Kebijakan tersebut telah diterapkan secara konsisten dan senantiasa     Services by Commercial Banks. The policies have been applied
ditinjau kembali untuk memastikan kesesuaiannya dengan                  consistently, and constantly reviewed to ensure compliance
perkembangan usaha Bank dan perubahan peraturan yang berlaku.           with the Bank’s business development and amendments to the
Kebijakan ini meliputi aspek tata kelola TI Bank, arsitektur TI Bank,   prevailing regulations. These policies cover aspects of Bank’s IT
penerapan manajemen risiko penyelenggaraan TI Bank, ketahanan           Governance, Bank’s IT architecture, risk management application
dan keamanan siber Bank, penggunaan pihak penyedia jasa TI              in the implementation of Bank’s IT, Bank cyber resilience and
dalam penyelenggaraan TI Bank, penempatan sistem elektronik dan         security, use of IT services provider in the implementation
pemrosesan transaksi berbasis TI, pengelolaan data dan perlindungan     of Bank’s IT, placement of electronic systems and IT-based
data pribadi dalam penyelenggaraan TI Bank, penyediaan jasa TI oleh     transaction processing, data management and personal data
Bank, pengendalian dan audit internal dalam penyelenggaraan TI          protection in the implementation of Bank’s IT, provision of
Bank, pelaporan, serta penilaian tingkat maturitas digital Bank.        IT services by the Bank, internal control and audit in the
                                                                        implementation of Bank’s IT, reporting, and assessing the Bank’s
                                                                        digital maturity level.


Kecukupan Proses Identifikasi, Pengukuran,                              Adequacy of Risk Identification, Measurement,
Pemantauan, dan Pengendalian Risiko Penggunaan                          Monitoring, and Management Process of the Use
Teknologi Informasi                                                     of Information Technology
Kebijakan, standar, dan prosedur terkait manajemen risiko TI Bank       Policies, standards, and procedures related to the Bank’s IT risk
dijelaskan dalam Kebijakan TI yang disahkan melalui Surat Keputusan     management are explained in IT Policy approved under Board of
Direksi No. 007/SK-DIR/06/19 tanggal 27 Juni 2019 tentang               Directors’ Decision Letter No. 007/SK-DIR/06/19 dated 27 June
Kebijakan Manajemen Risiko terkait Information Technology.              2019 on Risk Management Policy related to Information Technology.




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Dengan kebijakan ini, Bank memastikan kelangsungan dan stabilitas              With this policy, the Bank ensures the continuity and stability of IT
operasional TI serta mengurangi risiko yang dapat mengganggu                   operations, as well as reduces risks that may disrupt the Bank’s
kegiatan operasional Bank. Langkah-langkah pengendalian juga                   operational activities. Control measures are also implemented
diterapkan untuk memastikan jaringan komunikasi yang disediakan                to ensure that the communication network provided by the Bank
Bank memenuhi prinsip kerahasiaan, integritas, dan ketersediaan.               meets the principles of confidentiality, integrity, and availability.


Sistem Pengendalian Internal atas Penggunaan                                   Internal Control System for the Use of Information
Teknologi Informasi                                                            Technology
Bank melaksanakan pengendalian internal terhadap seluruh aspek                 The Bank exercises internal control over all aspects of IT use
penggunaan TI melalui audit rutin oleh Divisi SKAI & Anti Fraud.               through regular audits by the SKAI & Anti Fraud Division. During
Selama tahun 2023, terdapat 12 (dua belas) temuan terkait TI                   2023, there were 12 (twelve) findings related to IT with a risk level
dengan level risiko “Low to Moderate”, antara lain:                            of “Low to Moderate”, including:
1. Review user access;                                                         1. Review user access;
2. Clear screen;                                                               2. Clear screen;
3. Physical entry log book;                                                    3. Physical entry log book;
4. Prosedur pengadaan jasa;                                                    4. Service procurement procedures;
5. Pedoman Biro Hukum;                                                         5. Legal Bureau Guidelines;
6. Tanggal dokumen user acceptance test;                                       6. Date of user acceptance test document;
7. Tanggal pembuatan dan persetujuan Dokumen Functional                        7. Date of creation and approval of the Functional Specification
    Specification Document dan Dokumen Persyaratan Bisnis;                         Document and Business Requirements Document;
8. Perubahan kebijakan manajemen risiko;                                       8. Changes in risk management policies;
9. Role pada user access matriks;                                              9. Role in the user access matrix;
10. Review berkala terhadap kebijakan dan prosedur;                            10. Periodic review of policies and procedures;
11. Log backup operations; dan                                                 11. Log backup operations; and
12. Dokumentasi insiden.                                                       12. Incident documentation.


Tim IT telah menindaklanjuti semua temuan tersebut dan seluruh                 The IT team followed up on all these findings and all findings
temuan telah diselesaikan.                                                     were duly resolved.



Pengembangan Teknologi Informasi Tahun                                         Information Technology Development in 2023
2023

Bank Victoria telah melakukan pengembangan TI untuk mendukung                  Bank Victoria has developed IT to support the customer
customer experience dalam meningkatkan layanan nasabah                         experience in improving customer service and bringing the Bank
dan mendekatkan Bank kepada nasabah. Selama tahun 2023,                        closer to the customer. Throughout 2023, the IT development
pengembangan TI yang telah dilaksanakan Bank Victoria sebagai                  carried out by Bank Victoria was as follows:
berikut:


                  Tujuan                                             Bagian Penambahan                                       Pelaksanaan
                 Objectives                                            Additional Part                                      Additional Part
                                                Revamp SBN Ritel Konvensional dan pengembangan SBN Syariah Ritel               Triwulan 1
 Enhancement SBN Ritel                          Revamping Conventional Retail SBN and development of Retail                    Quarter 1
                                                Sharia SBN

                                                Penggunaan big data untuk fraud detection system                               Triwulan 1
 Big Data
                                                Use of big data for fraud detection systems                                    Quarter 1

 Sistem Layanan Informasi Keuangan (SLIK)       Penggantian aplikasi SLIK                                                      Triwulan 1
 Financial Information Services System (SLIK)   SLIK application replacement                                                   Quarter 1

                                                Penggunaan Whatsapp Official Bank Victoria termasuk Chatbot AI                 Triwulan 2
 Whatsapp Official and Chatbot AI
                                                Use of Official Bank Victoria WhatsApp including AI Chatbot                    Quarter 2

 Host Security Module                           Penggantian host security module 10K                                           Triwulan 2
                                                Replacement of 10K host security module                                        Quarter 2




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      Aspek Pendukung Bisnis
      Aspect of Business Support




                  Tujuan                                            Bagian Penambahan                                   Pelaksanaan
                 Objectives                                           Additional Part                                  Additional Part
 Server Konsolidasi                           Penggantian server simplivity                                               Triwulan 2
 Consolidation Server                         Replacement of simplivity server                                            Quarter 2

 Firewall                                     Penggantian firewall termasuk dengan router dan switch                      Triwulan 2
                                              Replacement of firewall including routers and switches                      Quarter 2

                                              Revamp internet banking individual dan mobile banking termasuk              Triwulan 4
                                              digital onboarding                                                          Quarter 4
 Revamp Internet Banking and Mobile Banking
                                              Revamping individual internet banking and mobile banking including
                                              digital onboarding

Bank juga telah menerapkan pengendalian sistem manajemen                    The Bank has also implemented information security
keamanan informasi secara konsisten dan telah memperoleh                    management system controls consistently and has obtained
Sertifikasi ISO 27001 terkait Information Security.                         ISO 27001 Certification on Information Security.


Tidak hanya itu, secara spesifik pada tahun 2023, Bank Victoria             Not only that, specifically in 2023, Bank Victoria developed
mengembangkan teknologi sistem informasi dan infrastruktur                  information system technology and business support
pendukung kegiatan usaha Bank yang meliputi:                                infrastructures for the Bank’s business activities which include:
1. Revamp internet banking bisnis;                                          1. Revamping business internet banking;
2. Digital operation, yaitu layanan transaksi non-tunai nasabah             2. Digital operations, namely non-cash customer transaction
    melalui video call;                                                          services through video call;
3. Peer to peer lending, yaitu kerja sama dengan digital lending            3. Peer to peer lending, namely cooperation with digital lending
    ecosystems;                                                                  ecosystems;
4. Loan channelling melalui financial technology, bank                      4. Loan channeling through financial technology, rural banks,
    perkreditan rakyat, multifinance, dan koperasi;                              multifinance, and cooperatives;
5. Implementasi single sign on dan privellege access                        5. Implementation of single sign on and privilege access
    management; dan                                                              management; and
6. Cloud server untuk penyimpanan e-document di cloud.                      6. Cloud server for storing e-documents in the cloud.


Pada tahun 2023, Bank mengeluarkan biaya sebesar Rp39,86                    In 2023, the Company spent a cost of Rp39.86 billion for
miliar untuk pengembangan infrastruktur sistem TI, seperti                  developing IT system infrastructure, such as hardware, software,
hardware, software, security device, maintenance, jaringan                  security devices, maintenance, communication networks,
komunikasi, manage service, data center, audit, dan penetration             manage services, data centers, audits, and penetration testing.
testing.


Strategi Pengembangan Teknologi Informasi                                   Information Technology Development
Tahun 2024                                                                  Strategy in 2024

Untuk mendukung perkembangan bisnis, Bank telah merancang                   To support business development, the Bank has prepared IT
strategi pengembangan TI untuk periode 2024-2026, yang                      development strategies for the 2024-2026 period as described
dijelaskan sebagai berikut:                                                 below:
1. BI-Fast melalui internet banking dan mobile banking;                     1. BI-Fast through internet banking and mobile banking;
2. Revamp internet banking business dan cash management;                    2. Revamping internet banking business and cash management;
3. Digital signature;                                                       3. Digital signature;
4. Penambahan kerja sama bancassurance dengan rekanan                       4. Additional bancassurance cooperation with insurance as a
     asuransi untuk produk tradisional dan non-tradisional secara               partner for traditional and non-traditional products digitally
     digital melalui internet banking dan mobile banking;                       through internet banking and mobile banking;
5. Penambahan kerja sama bancassurance dengan rekanan                       5. Additional bancassurance cooperation with insurance
     asuransi untuk produk tradisional dan non-tradisional secara               as a partner for traditional and non-traditional products
     konvensional melalui over the counter;                                     conventionally through over the counter;
6. Penambahan kerja sama reksa dana dengan rekanan aset                     6. Additional mutual fund cooperation with assets management
     manajemen untuk produk reksa dana, baik yang dipasarkan                    as a partner for mutual fund products, either being marketed
     secara digital melalui internet banking dan mobile banking                 digitally through internet banking and mobile banking, or
     maupun secara konvensional melalui over the counter;                       conventionally through over the counter;
7. Penambahan produk dan asuransi kredit tanpa agunan untuk                 7. Additional collateral-free product and loan insurance for
     karyawan nasabah payroll dengan model referensi;                           payroll customer’s employees with a reference model;
8. Virtual account;                                                         8. Virtual account;




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9. E-meterai atau meterai digital;                                      9. E-stamp or digital stamp;
10. BI-Fast melalui internet banking bisnis;                            10. BI-Fast through business internet banking;
11. Penggantian treasury system;                                        11. Replacement of treasury system;
12. Sinergi dengan Bank Victoria Syariah untuk layanan syariah          12. Synergy with Bank Victoria Syariah for Bank sharia services;
    Bank;
13. International network payment (debit card);                         13. International network payment (debit card);
14. QR Indonesia Standard (QRIS);                                       14. QR Indonesia Standard (QRIS);
15. Pembelian SBN dan SBSN Ritel melalui internet banking dan           15. Purchase of SBN and Retail SBSN through internet banking
    mobile banking;                                                         and mobile banking;
16. QRIS tuntas;                                                        16. QRIS complete;
17. QRIS untuk acquire;                                                 17. QRIS for acquire;
18. QRIS merchant;                                                      18. QRIS merchants;
19. Cardless withdrawal (tarik tunai tanpa kartu);                      19. Cardless withdrawal (cash withdrawal without a card);
20. Bank persepsi melalui internet banking dan mobile banking;          20. Collecting Bank through internet banking and mobile
                                                                            banking;
21. Fitur internet banking dan mobile banking: digital form,            21. Features of internet banking and mobile banking: digital
    Victoria mart, cardless withdrawal (ATM dan cabang), QRIS               form, Victoria mart, cardless withdrawal (ATM and branches),
    (transfer, payment, dan cross border), bancassurance,                   QRIS (transfer, payment, and cross border), bancassurance,
    reksa dana, sosial dan keagamaan, lifestyle (Victoria mart),            mutual funds, social, and religious, lifestyle (Victoria mart),
    remittance, top up e-money (Bank Mandiri) – e-wallet, point             remittance, top up e-money (Bank Mandiri ) – e-wallet, reward
    reward, video banking dan digital operation, WhatsApp - chat            points, video banking and digital operations, WhatsApp - chat
    bot, Victoria advertisement, BI-Fast, dan bank persepsi;                bot, Victoria advertisement, BI-Fast, and collecting bank;
22. Bank persepsi melalui internet banking bisnis;                      22. Collecting Bank through internet banking business;
23. Penambahan fitur internet banking dan mobile banking:               23. Additional features of internet banking and mobile
    cardless withdrawal melalui minimarket dan kantor pos,                  banking: cardless withdrawals through minimarkets and
    transfer keluar negeri (remittance melalui startup), subscribe          post offices, overseas transfers (remittances via startup),
    atau berlangganan layanan pemberitaan online, kerja sama                subscribing to online news services, cooperation with
    dengan payment gateway, kerja sama dengan agregator                     payment gateways, cooperation with cross border (overseas)
    voucher cross border (luar negeri), penambahan kerja sama               voucher aggregators, additional cooperation with religious
    dengan yayasan sosial keagamaan melalui channel internet                social foundations via internet banking and mobile banking
    banking dan mobile banking, menambahkan join ‘and’; join                channels, adding join ‘and’; join ‘or’; and QQ account which
    ‘or’; dan QQ account yang dapat dilakukan melalui internet              can be done through internet banking and mobile banking,
    banking dan mobile banking, cross border payment, member                cross border payment, member get member, prize savings,
    get member, tabungan berhadiah, tabungan rencana/                       planned/term savings, and marketing websites;
    berjangka, dan situs web marketing;
24. Mobile banking corporate;                                           24. Corporate mobile banking;
25. Kerja sama dengan peer to peer lending/open application             25. Cooperation with peer to peer lending/ open application
    programming interface kerja sama dengan digital lending                 programming interface cooperation with digital ecosystem
    ecosystem;                                                              lending;
26. Digital onboarding melalui micro site Bank untuk nanti akan         26. Digital onboarding through the Bank’s micro site to be
    dapat dikoneksikan oleh pihak front end lain yang menjadi               connected by other front end parties of digital onboarding
    channel digital onboarding yang bekerja sama dengan Bank;               channels that work with the Bank;
27. Kerja sama dengan third party untuk acquire nasabah                 27. Cooperation with third parties to acquire customers while
    sekaligus memberikan layanan financial planning fitur dan               providing financial planning features and financial education
    edukasi finansial;                                                      services;
28. Bancassurance melalui digital;                                      28. Digital Bancassurance;
29. Reksa dana melalui digital;                                         29. Digital mutual fund;
30. Loan channeling melalui financial technology, bank                  30. Loan channeling through financial technology, rural banks,
    perkreditan rakyat, multifinance, dan koperasi;                         multifinance, and cooperatives;
31. Victoria ID (Victoria Group);                                       31. Victoria ID (Victoria Group);
32. Digital form transactions (internet banking dan mobile              32. Digital form transactions (internet banking and mobile
    banking) melalui video banking Bank; dan                                banking) through video banking Bank; and
33. Digital operations (layanan transaksi non-tunai nasabah             33. Digital operations (customer’s non-cash transaction service
    melalui video call).                                                    through video call).




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                   TATA KELOLA
                   PERUSAHAAN
                   Good Corporate Governance




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       Tata Kelola Perusahaan
       Good Corporate Governance




Dasar dan Prinsip Implementasi GCG
Basis and Principles of GCG Implementation



Bank Victoria menerapkan tata kelola perusahaan yang baik                      Bank Victoria implements good corporate governance (GCG)
(good corporate governance/GCG) dengan merujuk pada                            by referring to laws, Financial Services Authority regulations,
undang-undang, peraturan Otoritas Jasa Keuangan, dan prinsip-                  and general GCG principles. In 2023, the Bank welcomed the
prinsip umum GCG. Pada tahun 2023, Bank menyambut baik                         development of the General Guidelines for Indonesian Corporate
pengembangan Pedoman Governansi Korporat Indonesia (PUGKI)                     Governance (PUGKI) by the National Committee for Governance
oleh Komite Nasional Kebijakan Governansi (KNKG) yang dirilis                  Policy (KNKG) which was released in 2021 and made the standard
pada tahun 2021 dan menjadi standar penerapan GCG Bank.                        for implementing the Bank’s GCG.


Prinsip-prinsip dalam PUGKI 2021 beserta rekomendasi dan                       The principles in PUGKI 2021 along with the recommendations and
panduan di dalamnya dijiwai oleh 4 (empat) pilar governansi                    guidelines stated therein are inspired by 4 (four) pillars of corporate
korporat, yaitu perilaku beretika, akuntabilitas, transparansi,                governance, namely ethical behavior, accountability, transparency,
dan keberlanjutan. Pilar governansi tersebut merupakan                         and sustainability. These governance pillars are the latest
perkembangan terkini dari nilai dasar transparansi, akuntabilitas,             developments of basic values of transparency, accountability,
responsibilitas, independensi, dan kewajaran dan kesetaraan.                   responsibility, independence, and fairness and equality.


       Pilar Governansi                                                            Implementasi
      Governance Pillars                                                          Implementation
 Perilaku Beretika            Bank senantiasa mengedepankan kejujuran, memperlakukan semua pihak dengan hormat, memenuhi komitmen,
 Ethical Conduct              membangun serta menjaga nilai-nilai moral dan kepercayaan secara konsisten. Bank memperhatikan kepentingan
                              Pemegang Saham dan pemangku kepentingan lainnya berdasarkan asas kewajaran dan kesetaraan dan dikelola secara
                              independen sehingga masing-masing organ Bank tidak saling mendominasi dan tidak dapat diintervensi oleh pihak lain.
                              The Bank always prioritizes honesty, treats all parties with respect, fulfills its commitments, as well as consistently builds
                              and maintains moral values and beliefs. The Bank pays attention to the interests of Shareholders and other stakeholders
                              based on the principle of fairness and equality, and each organ of the Bank is managed independently so that it does not
                              dominate the other and cannot be intervened by other parties.

 Akuntabilitas                Bank dapat mempertanggungjawabkan kinerja secara transparan dan wajar. Untuk itu Bank dikelola secara benar, terukur
 Accountability               dan sesuai dengan kepentingan Bank dengan tetap memperhitungkan kepentingan Pemegang Saham dan pemangku
                              kepentingan. Akuntabilitas merupakan prasyarat yang diperlukan untuk mencapai kinerja yang berkelanjutan.
                              The Bank is accountable for its performance in a transparent and fair manner. For this reason, the Bank is managed
                              properly, measurably, and in accordance with the Bank’s interests, while still considering the interests of Shareholders
                              and stakeholders. Accountability is the prerequisite needed to achieve the sustainable performance.

 Transparansi                 Bank menyediakan informasi yang material dan relevan dengan cara yang mudah diakses dan dipahami oleh pemangku
 Transparency                 kepentingan. Bank mengambil inisiatif untuk mengungkapkan tidak hanya masalah yang disyaratkan oleh peraturan
                              perundang-undangan, tetapi juga hal yang penting untuk pengambilan keputusan oleh Pemegang Saham dan pemangku
                              kepentingan lainnya.
                              The Bank provides relevant material information that is easily accessible and understood by the stakeholders. The Bank
                              takes the initiative to disclose not only issues required by laws and regulations, but also important matters for decision
                              making by Shareholders and other stakeholders.

 Keberlanjutan                Bank mematuhi peraturan perundang-undangan serta berkomitmen melaksanakan tanggung jawab terhadap
 Sustainability               masyarakat dan lingkungan agar berkontribusi pada pembangunan berkelanjutan melalui kerja sama dengan semua
                              pemangku kepentingan terkait untuk meningkatkan kehidupan mereka dengan cara yang selaras dengan kepentingan
                              bisnis dan agenda pembangunan berkelanjutan.
                              The Bank complies with the laws and regulations and is committed to carrying out its responsibilities towards community
                              and environment in order to contribute to sustainable development by working with all relevant stakeholders to improve
                              their lives aligned with the business interests and the sustainable development agenda.




162        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Struktur GCG
GCG Structures



Struktur tata kelola Bank Victoria secara garis besar tergambarkan       Bank Victoria’s governance structure is broadly illustrated in the
pada organ utama Bank yaitu Rapat Umum Pemegang Saham                    Bank’s main organs, which are the General Meeting of Shareholders
(RUPS), Dewan Komisaris, dan Direksi. Untuk membantu                     (GMS), the Board of Commissioners, and the Board of Directors. To
pelaksanaan tugasnya, sebagaimana disyaratkan oleh regulasi,             assist in implementing their duties, as stipulated by the regulations,
Dewan Komisaris dan Direksi membentuk komite-komite. Selain              the Board of Commissioners and Board of Directors form
itu, mengacu pada Anggaran Dasar Bank dan peraturan perundang-           committees. Also, as referred to in the Bank’s Articles of Association
undangan yang berlaku, masing-masing organ mempunyai peran               and applicable laws and regulations, each organ has an important
penting dalam penerapan GCG dan menjalankan fungsi, tugas, dan           role in implementing GCG and performing its functions, duties, and
tanggung jawabnya untuk kepentingan Bank. Struktur tata kelola           responsibilities for the Bank’s benefits. Bank Victoria’s governance
Bank Victoria disajikan dalam bagan berikut:                             structure is presented in the following chart:



                                          Rapat Umum Pemegang Saham
                                         General Meeting of Shareholders




         Dewan Komisaris                                                               Direksi
      Board of Commissioners                                                      Board of Directors




                                         Komite Manajemen Risiko/
                                                                             Komite Teknologi Informasi
     Komite Pemantau Risiko                     Integrated                                                        Corporate Secretary
                                                                              Information Technology
    Risk Monitoring Committee                Risk/Integrated                                                           Division
                                                                                    Committee
                                          Management Committee




       Komite Nominasi dan
          Remunerasi                         Asset and Liability                   Komite Produk
                                                                                                               SKAI & Anti Fraud Division
         Nomination and                         Committee                        Product Committee
     Remuneration Committee




           Komite Audit                        Komite Kredit                     Komite Pengadaan                 Compliance & System
         Audit Committee                     Credit Committee                 Procurement Committee                Procedure Division




                                             Komite Kebijakan                    Komite Personalia                 Risk Management/
                                                Perkreditan                     Personnel Committee                Integrated Division
                                          Credit Policy Committee




                                                                               Komite Pemantau dan
                                                                                 Pelaksanaan GCG
                                                                              GCG Implementation and
                                                                               Monitoring Committee




                                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk       163
Page 166
      Tata Kelola Perusahaan
      Good Corporate Governance




Framework GCG
GCG Framework



Untuk mendukung implementasi GCG yang efektif, Bank                    To support effective GCG implementation, the Bank has prepared
menyusun Corporate Governance Framework dengan merujuk                 a Corporate Governance Framework by referring to the applicable
pada peraturan perundang-undangan, serta mempertimbangkan              laws and regulations and observing the Bank’s conditions,
kondisi, budaya, dan nilai-nilai Bank. Skema Corporate                 culture, and values. The Corporate Governance Framework of
Governance Framework Bank Victoria dijelaskan sebagai berikut:         Bank Victoria is explained as follows:


                                                                                                     Pemilihan dan pengawasan
     Penetapan strategi dan sasaran Bank.
                                                                                                     human capital yang efektif.
    Establishment of Bank’s strategies and
                                                                                                     Selection and supervision of
                   targets.
                                                                                                      effective Human Capital.




                                                      Alokasi Wewenang, Tugas
 Penetapan fungsi pengendalian yang efektif.         dan Tanggung Jawab Organ                    Pengelolaan Bank yang profesional.
   Establishment of effective management                  Bank yang Efektif                     Professional management of the Bank.
                 function.
                                                        Effective Allocation of
                                                        Authority, Duties and
                                                        Responsibilities of the
                                                            Bank’s Organs
    Pemaduan budaya, kegiatan usaha, dan
     perilaku dengan tujuan menjalankan
 kegiatan usaha yang aman dan sehat, dengan                                                   Pemenuhan kepentingan Pemegang Saham
   integritas dan patuh terhadap peraturan                                                     dan pemangku kepentingan lainnya serta
             perundang-undangan.                                                                  melindungi kepentingan nasabah.
       Combination of culture, business                                                       Fulfillment of the Shareholders’ and other
  activities, and behavior with the intention                                                Stakeholders’ interests and protection of the
    of conducting safe and sound business                                                                customers’ interests.
  activities, with integrity and in compliance
         with the laws and regulations.




Peningkatan Kualitas Implementasi GCG
Improvement of GCG Implementation Quality


Mekanisme pelaksanaan GCG di Bank Victoria didasarkan pada             The mechanism for implementing Bank Victoria’s GCG is based
praktik-praktik terbaik dalam industri perbankan dengan tujuan         on the best practices in banking industry aiming to make its
agar implementasinya lebih terarah menuju Good Corporate               implementation more focused on Good Corporate Sustainability.
Sustainability. Adapun mekanisme tata kelola yang diterapkan           The governance mechanism implemented by Bank Victoria is as
Bank Victoria sebagai berikut:                                         follows:
1. Menetapkan standar kualitas implementasi GCG;                       1. Determining quality standard of GCG implementation;
2. Mengawasi implementasi GCG;                                         2. Monitoring the GCG implementation;
3. Menilai implementasi GCG; dan                                       3. Assessing the GCG implementation; and
4. Meningkatkan kualitas implementasi GCG dan benchmarking.            4. Improving quality of GCG implementation and benchmarking.




164       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Penilaian Penerapan GCG                                                  Assessment of GCG Implementation

Bank secara konsisten setiap tahun melakukan penilaian                   The Bank consistently conducts annual self-assessment on
penerapan GCG secara mandiri (self assessment) untuk                     GCG implementation to determine the adequacy level of GCG
mengetahui tingkat kecukupan penerapan GCG di lingkungan                 implementation within the Bank. The Bank conducts the self-
Bank. Self assessment dilakukan Bank dengan mengacu pada                 assessment by referring to the applicable regulations, including
regulasi yang berlaku, yaitu Peraturan Otoritas Jasa Keuangan            the Financial Services Authority Regulation No. 17 of 2023 and
No. 17 Tahun 2023 dan Surat Edaran Otoritas Jasa Keuangan                Financial Services Authority Circular No. 13/SEOJK.03/2017
No. 13/SEOJK.03/2017 tentang Penerapan Tata Kelola bagi                  on Governance Implementation for Commercial Banks, as well
Bank Umum, serta berbagai acuan standar praktik terbaik yang             as various standard references for best practices conducted
dilakukan perbankan (best practices). Self assessment GCG ini            by banks. The GCG self-assessment is intended to classify
dimaksudkan untuk mengklasifikasikan kekuatan (strength)                 both the strengths and weaknesses of corporate governance
dan kelemahan (weakness) pelaksanaan tata kelola perusahaan              implementation from 3 (three) aspects, namely governance
yang ditinjau dari 3 (tiga) aspek, yaitu governance structure,           structure, governance process and governance outcome.
governance process, dan governance outcome.


Self assessment penerapan GCG secara individu meliputi                   Individual self-assessment of the GCG implementation includes
11 (sebelas) faktor penilaian pelaksanaan tata kelola, meliputi:         11 (eleven) governance implementation assessment factors,
                                                                         namely:
1. Pelaksanaan tugas dan tanggung jawab Direksi;                         1. Implementation of Board of Directors’ duties and responsibilities;
2. Pelaksanaan tugas dan tanggung jawab Dewan Komisaris;                 2. Implementation of Board of Commissioners’ duties and
                                                                             responsibilities;
3.  Kelengkapan dan pelaksanaan tugas Komite;                            3. Completeness and implementation of committee’s duties;
4.  Penanganan benturan kepentingan;                                     4. Management of conflict of interest;
5.  Penerapan fungsi kepatuhan;                                          5. Implementation of compliance function;
6.  Penerapan fungsi Audit Internal;                                     6. Implementation of Internal Audit function;
7.  Penerapan fungsi audit eksternal;                                    7. Implementation of external audit function;
8.  Penerapan manajemen risiko, termasuk sistem pengendalian             8. Implementation of risk management including internal
    internal;                                                                control system;
9. Penyediaan dana kepada pihak terkait (related party) dan              9. Provision of funds to related party and large exposure;
    penyediaan dana besar (large exposure);
10. Transparansi kondisi keuangan dan non-keuangan Bank,                 10. Transparency of the Bank’s financial and non-financial
    laporan pelaksanaan GCG, dan pelaporan internal; dan                     condition, GCG Implementation Report, and Internal
                                                                             Reporting; dan
11. Rencana strategis Bank.                                              11. The Bank’s strategic plan.


Berdasarkan self assessment yang dilakukan Bank atas penerapan           Based on self-assessment conducted by the Bank on
GCG, diperoleh skor penilaian sebagai berikut:                           implementation of GCG, the following assessment score was
                                                                         obtained:


       Indikator              Peringkat                                              Definisi Peringkat
       Indicator               Rating                                                Rating Definition
 Individu                         2            Bank telah melakukan penerapan GCG yang secara umum baik, tercermin dari penerapan terhadap
 Individual                                    11 (sebelas) aspek yang telah dituangkan dalam analisis. Secara umum, beberapa kelemahan yang
                                               ada kurang signifikan dari semester sebelumnya dan dapat diselesaikan dengan tindakan normal
                                               oleh manajemen Bank.
                                               The Bank has implemented GCG, which in general is good, as reflected in the implementation of the
                                               11 (eleven) aspects outlined in the analysis. In general, some of the existing weaknesses were less
                                               significant compared from the previous semester and can be resolved with normal action by the
                                               management of the Bank.


Skor penilaian self assessment GCG tersebut, diperoleh                   The GCG self-assessment score was obtained from the analysis of
berdasarkan analisis kesesuaian pelaksanaan penilaian sendiri            the suitability of Bank Victoria’s individual GCG self-assessment
GCG Bank Victoria secara individu dengan 3 (tiga) aspek, yaitu           with 3 (three) aspects, which are governance structure,
governance structure, governance process, dan governance                 governance process, and governance outcome for each of the
outcome untuk setiap kriteria, serta tindak lanjutnya diuraikan          criteria, and the follow-up is described as follows:
sebagai berikut:




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      Tata Kelola Perusahaan
      Good Corporate Governance




                                              Kekuatan (Strength) Penerapan Tata Kelola Bank
                                           The Strength of the Bank’s Governance Implementation
Governance Structure:                                                          Governance Structure:

1. Bank telah memenuhi struktur GCG dan sesuai ketentuan Peraturan             1. The Bank has met the GCG structure and in line with the provisions
   Otoritas Jasa Keuangan No. 17 Tahun 2023 tentang Penerapan Tata                of Financial Services Authority Regulation No. 17 of 2023 on
   Kelola bagi Bank Umum. Hal tersebut dibuktikan dengan komposisi                Implementation of Governance for Commercial Banks. This is shown by
   anggota Dewan Komisaris, Direksi, Komite-Komite Bank (Komite di                the composition of members of the Board of Commissioners, Board of
   bawah Dewan Komisaris dan Komite di bawah Direksi) serta Satuan Kerja          Directors, Bank Committees (Committees under Board of Commissioners
   pada Bank telah sesuai dengan regulasi yang berlaku. Organ tata kelola         and Committees under Board of Directors) and Work Units at the Bank
   tersebut juga telah melaksanakan tugas serta tidak ada intervensi dari         are in line with the applicable regulations. These governance organs
   pemilik/Pemegang Saham Pengendali pada operasional Bank;                       have also done their duties without intervention from the owner/
                                                                                  controlling shareholder in the Bank’s operations;
2. Direksi Bank telah menyusun, menetapkan serta mengevaluasi dan              2. The Board of Directors of the Bank has prepared, set, evaluated
   menginikan struktur organisasi dengan kejelasan tugas dan tanggung             and updated the organizational structure with clear duties and
   jawab terkait penerapan manajemen risiko yang disesuaikan dengan               responsibilities related to the implementation of risk management that
   tujuan dan kebijakan usaha, serta ukuran dan kompleksitas kegiatan             is suited to the business objectives and policies, as well as the size and
   usaha Bank yang selaras dengan Rencana Bisnis Bank;                            complexity of the Bank’s business activities that is align with the Bank’s
                                                                                  Business Plan;
3. Dewan Komisaris telah bertanggung jawab kepada Pemegang Saham               3. The Board of Commissioners is hold accountable to the Shareholders in
   dalam hal pengawasan serta memberi saran dan/atau arahan atas                  supervising and providing advice and/or direction on Board of Directors’
   kebijakan Direksi terhadap operasional Bank secara umum yang                   policies regarding the Bank’s operations, which in general refer to the
   mengacu kepada rencana bisnis yang telah ditetapkan, serta memastikan          established business plan, and ensuring compliance with all of the
   kepatuhan terhadap seluruh peraturan dan perundang-undangan yang               applicable laws and regulations;
   berlaku;
4. Dewan Komisaris dalam menjalankan perannya terus memastikan Bank            4. In carrying out its role, the Board of Commissioners constantly ensuring
   telah dikelola sesuai kepentingan pemangku kepentingan. Dewan                  the Bank is managed in line with the stakeholders’ interests. Also, the
   Komisaris juga senantiasa menjaga objektivitas dan independensi                Board of Commissioners always maintains objectivity and independence
   dalam menjalankan tugas, sehingga tidak terlibat dalam pengambilan             in carrying out its duties, so they are not involved in making operational
   keputusan operasional Bank, kecuali hal-hal yang diatur dan ditetapkan         decisions at the Bank, unless for matters regulated and stipulated in the
   dalam Anggaran Dasar Bank dan peraturan perundang-undangan; dan                Bank’s Articles of Association and statutory regulations; dan
5. Bank juga telah menerapkan prinsip 3 (tiga) lini pertahanan (three line     5. The Bank has also implemented the 3 (three) lines of defense in its
   of defense) untuk sistem pengendalian internal. Setiap lini pertahanan         internal control system. Each line of defense has specific responsibilities
   memiliki serangkaian tanggung jawab khusus untuk manajemen dan                 set for the risk management and control.
   pengendalian risiko.

Governance Process:                                                            Governance Process:

1. Direksi telah melaksanakan tugasnya sesuai kewenangannya                    1. The Board of Directors has conducted the duties in line with the authority
   berdasarkan Anggaran Dasar. Dalam pelaksanaan tugas dan tanggung               set by the Articles of Association. In implementing the duties and
   jawabnya termasuk dalam upaya pencapaian Rencana Bisnis Bank,                  responsibilities, including efforts to achieve the Bank’s Business Plan,
   Direksi berpedoman pada peraturan perundang-undangan, Anggaran                 the Board of Directors is guided by the statutory regulations, Articles of
   Dasar, BOD Charter maupun kebijakan GCG yang berlaku, sehingga                 Association, BOD Charter and applicable GCG policies, so the Board of
   Direksi memastikan bahwa prinsip kehati-hatian, ketentuan batas                Directors ensures that the prudence principle, provisions on maximum
   maksimum pemberian kredit, ketentuan pihak terkait, dan sebagainya             credit limit, and provisions of related parties, etc. can be adhered;
   dapat dipatuhi;
2. Dewan Komisaris telah melakukan pengawasan terhadap kinerja Direksi,        2. The Board of Commissioners has supervised the Board of Directors’
   baik melalui mekanisme rapat maupun berdasarkan masukan dari                   performance, both through meeting mechanisms and based on
   Komite, serta memberikan saran dan/atau arahan secara tertulis;                Committee’s inputs, and through written suggestions and/or directions;
3. Direktur yang membawahi kepatuhan telah memastikan kepatuhan                3. The Director in charge of compliance has ensured the Bank’s compliance
   Bank terhadap ketentuan yang berlaku. Pelaksanaan fungsi Audit                 with applicable regulations. The implementation of the Bank’s Internal
   Internal Bank telah berjalan sesuai dan memenuhi pedoman internal              Audit function has been conducted in line with and meets the internal
   sesuai dengan standar minimum yang telah ditetapkan dalam Standar              guidelines of the minimum standards set out in the Bank’s Internal
   Pelaksanaan Fungsi Audit Intern Bank. Selain itu, SKAI juga telah              Audit Function Implementation Standards. In addition, SKAI has also
   menjalankan fungsinya secara independen dan objektif;                          conducted its functions independently and objectively;
4. Penunjukan Compliance Champion pada setiap divisi dan/atau cabang           4. The appointment of a Compliance Champion in each division and/
   dengan tugas membantu unit kepatuhan dalam melakukan sosialisasi               or branch with the duty to assist the compliance unit in disseminating
   peraturan dan/atau SOP di divisi dan/atau di setiap cabang. Pada               regulations and/or SOPs in each division and/or branch. In the second
   semester II tahun 2023, telah dilaksanakan sosialisasi peraturan dan/atau      semester of 2023, dissemination of regulations and/or SOPs has been
   SOP yang bertujuan untuk meningkatkan terciptanya budaya kepatuhan             done with the objectives to encourage the creation of compliance
   pada seluruh kegiatan usaha pada setiap jenjang organisasi; dan                culture in all business activities at every level of the organization; and
5. Penunjukan akuntan publik telah melalui mekanisme yang diatur dalam         5. The public accountant’s appointment has been done through mechanism
   kebijakan dan audit dilakukan secara independen dan profesional.               set in the policy and the audit has been conducted independently and
                                                                                  professionally.




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                                             Kekuatan (Strength) Penerapan Tata Kelola Bank
                                          The Strength of the Bank’s Governance Implementation
Governance Outcome:                                                           Governance Outcome:

1. Hasil rapat menjadi salah satu acuan Direksi dalam melaksanakan tugas      1. The meeting results become one of the Board of Directors’ references
   dan tanggung jawabnya, dengan tetap berpedoman pada GCG dan                   in conducting their duties and responsibilities, while still guided by
   target pencapaian yang telah ditetapkan dalam Rencana Bisnis Bank.            GCG and achievement targets set in the Bank’s Business Plan. Each
   Masing-masing Komite juga senantiasa meningkatkan peran aktifnya              Committee also constantly increasing its active role to follow up on
   dalam menindaklanjuti hal-hal yang dibahas dalam rapat Komite.                matters discussed at Committee meetings. The implementation of GCG
   Penerapan praktik GCG di Bank Victoria merupakan suatu upaya dalam            practices at Bank Victoria is an effort to continuously improving and
   melakukan perbaikan dan peningkatan kualitas pengelolaan Bank secara          enhancing the quality of the Bank management;
   berkelanjutan;
2. Pencapaian kinerja semester II tahun 2023 cukup baik, namun masih          2. The performance achievement in second semester of 2023 is quite good,
   terdapat inkonsistensi pada proses penyediaan dana, sehingga terlihat         but inconsistencies still exist in the funds provision process, leading
   pada masih terdapatnya sejumlah kredit kualitas rendah yang dapat             to existence of several low quality credits that may potentially harm
   berpotensi mengganggu kinerja rentabilitas dan permodalan Bank.               the Bank’s profitability and capital performance. Achievements and
   Pencapaian dan kondisi yang terjadi telah dikomunikasikan dalam rapat-        conditions that occurred have been communicated in meetings as well
   rapat serta berfokus pada penerapan strategi yang telah diambil Direksi       as focused on implementing the strategies already taken by the Board of
   dengan pengawasan dan arahan/saran dari Dewan Komisaris;                      Directors under the supervision and direction/suggestions from Board of
                                                                                 Commissioners;
3. Bank telah menyusun dan menyajikan laporan serta melaporkannya             3. The Bank has prepared and presented as well as reported following the
   dengan tata cara, jenis, dan cakupan sebagaimana diatur dalam                 procedure, type, and coverage as stipulated in the Financial Services
   ketentuan Otoritas Jasa Keuangan tentang Transparansi Kondisi                 Authority regulations on Transparency on Financial Conditions;
   Keuangan;
4. Bank memastikan bahwa prinsip four eyes principles dan/atau GCG            4. The Bank ensures the four eyes principles and/or GCG are applied in all
   diterapkan pada seluruh tahapan proses kerja guna memitigasi potensi          stages of the work process to mitigate the violation potential (constantly
   terjadinya pelanggaran (secara berkesinambungan terus membangun               building a compliance culture in all work units);
   budaya kepatuhan pada seluruh unit kerja);
5. Pelaksanaan audit oleh akuntan publik dilakukan secara objektif,           5. Implementation of audit by public accountant is conducted objectively,
   independen, serta sesuai dan telah memenuhi persyaratan ketentuan             independently, and in line with and meets the requirements of the
   yang berlaku;                                                                 applicable regulations;
6. Rencana Bisnis Bank tahun 2023 secara umum dapat direalisasikan            6. In general, the Bank’s Business Plan for 2023, can be realized well. This
   dengan Baik. Hal tersebut dibuktikan dari pencapaian target                   is evidenced by the achievement of financial targets, the growth of asset
   keuangan, pertumbuhan aset dan bisnis, serta perolehan laba dapat             and business, and profit generation which were achieved relatively in
   dicapai relatif sesuai dengan target yang ditetapkan. Bank juga terus         line with the set targets. The Bank also keeps on striving to maintain
   berupaya mempertahankan pertumbuhan yang sehat, meskipun harus                healthy growth, although it has to face the lingering economic situation
   menghadapi situasi ekonomi yang masih dalam ketidakpastian; dan               uncertainties; and
7. Bank secara transparan telah menyampaikan informasi keuangan dan           7. The Bank has transparently submitted the financial and non-financial
   non-keuangan kepada publik dengan baik melalui situs web Bank.                information to the public via the Bank’s website. Submission of financial
   Penyampaian informasi keuangan dan non-keuangan juga dilakukan                and non-financial information is also conducted in a timely, complete
   dengan tepat waktu, lengkap, dan akurat.                                      and accurate manner.



                                            Kelemahan (Weakness) Penerapan Tata Kelola Bank
                                          The Strength of the Bank’s Governance Implementation
Governance Structure:                                                         Governance Structure:

Masih terdapat beberapa kelemahan sebagaimana hasil pemeriksaan oleh          Several weaknesses still exists, as per the inspections results by regulators,
regulator, yaitu pada aspek perkreditan, operasional dan TI. Kelemahan pada   namely in the credit, operational and IT aspects. The weaknesses in these
aspek tersebut antara lain disebabkan oleh masih perlu ditingkatkannya        aspects are due to, among others, the need to improve the understanding
pemahaman dan konsistensi SDM terkait dalam pelaksanaan tugas dan             and consistency of human resources in conducting their duties and
tanggung jawabnya berdasarkan Standar Operasional Prosedur (SOP) yang         responsibilities based on the applicable Standard Operating Procedures
berlaku.                                                                      (SOP).

Governance Process:                                                           Governance Process:

Berdasarkan hasil pemeriksaan Otoritas Jasa Keuangan masih terdapat           Based on the results of inspection by the Financial Services Authority,
beberapa kelemahan dalam transaksi perkreditan, operasional dan TI, baik      several weaknesses are found in credit transactions, operations and IT, both
dari isi proses maupun monitoring. Untuk mengatasi kelemahan ini, Bank        in the process content and monitoring. In addressing the weaknesses, the
terus melakukan langkah perbaikan, seperti pembentukan Departemen             Bank continuously making corrective measurements, such as establishing
Credit Monitoring yang bertugas khusus melakukan pemantauan credit            the Credit Monitoring Department with special duty to monitor the credit
after disbursement dan melakukan collection; penginian kebijakan/SOP;         after disbursement and carry out collections; updating policy/SOP; as well
serta intensifikasi pelatihan dalam rangka meningkatkan kompetensi            as intensifying training to increase the competency of all employees
seluruh karyawan.

Governance Outcome:                                                           Governance Outcome:

1. Masih terdapat sanksi denda dari regulator atas pelanggaran ketentuan      1. Fines still imposed by regulators for violations of provisions due to
   yang disebabkan oleh human error dan/atau tidak konsistennya                  human error and/or inconsistent implementation of transaction in line
   pelaksanaan transaksi sesuai SOP yang berlaku; dan                            with the applicable SOP; and
2. Masih terdapat beberapa kebijakan dan/atau SOP yang harus diperbarui       2. Updates required on some policies and/or SOP, in relation with the
   sehubungan dengan adanya perubahan regulasi yang menjadi acuan                changes in regulations that are used as references and/or expiration of
   dan/atau masa review kebijakan dan/atau SOP telah jatuh tempo.                the review period of the policies and/or SOP.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Rekomendasi dan Tindak Lanjut Penilaian GCG                                      Recommendation and Follow-Up on GCG
                                                                                 Assessment
Berdasarkan hasil penilaian penerapan GCG tahun 2023, terdapat                   Based on the assessment results of GCG implementation in 2023,
beberapa rekomendasi dari regulator yang perlu ditindaklanjuti,                  there are several recommendations that need to be followed up,
sebagaimana data berikut ini:                                                    as shown in the following data:


                             Rekomendasi                                                                   Tindak Lanjut
                           Recommendation                                                                    Follow-up
 Hasil pemeriksaan Otoritas Jasa Keuangan tahun 2022 wajib ditindaklanjuti     Hasil pemeriksaan Otoritas Jasa Keuangan tahun 2022 seluruhnya telah
 terutama untuk temuan dengan date sesuai komitmen Bank kepada                 ditindaklanjuti sesuai target date 2023.
 Otoritas Jasa Keuangan.                                                       Results of the 2022 Financial Services Authority audit have been followed
 Results of the 2022 Financial Services Authority audit must be followed up,   up completely following the 2023 target date.
 particularly for findings with date in line with the Bank’s commitment to
 the Financial Services Authority.

 Penyampaian laporan wajib menerapkan prinsip lengkap, akurat, dan tepat       Bank telah menerapkan prinsip lengkap, akurat, dan tepat waktu dalam
 waktu.                                                                        pengiriman laporan, yaitu dengan menerapkan four eyes’ principles.
 Submission of report must apply the complete, accurate and on time            The Bank has applied the complete, accurate and on time principles in the
 principles.                                                                   submission of report, namely by applying the four eyes principle.




Rapat Umum Pemegang Saham
General Meeting of Shareholders

Rapat Umum Pemegang Saham (RUPS) merupakan organ tertinggi                       The General Meeting of Shareholders (GMS) is the highest
Bank yang mempunyai hak dan kewenangan yang tidak dimiliki                       organ of the Bank with rights and authority not given to the
oleh Dewan Komisaris dan Direksi dalam batasan yang ditentukan                   Board of Commissioners and Board of Directors within the limits
oleh peraturan perundang-undangan dan Anggaran Dasar Bank.                       determined by laws and regulations and the Bank’s Articles of
Selain itu, RUPS menjadi media komunikasi bagi Dewan Komisaris                   Association. In addition, the GMS becomes a communication
dan Direksi terkait penyampaian laporan pertanggungjawaban                       medium for the Board of Commissioners and Board of Directors
Dewan Komisaris dan Direksi kepada Pemegang Saham.                               regarding the submission of accountability reports from the
                                                                                 Board of Commissioners and Board of Directors to Shareholders.



Informasi mengenai Keputusan RUPS                                                GMS Implementation in 2023
Tahun 2023

Pada tahun 2023, Bank menyelenggarakan 1 (satu) kali RUPS                        In 2023, the Bank held 1 (one) Annual GMS and did not hold any
Tahunan dan tidak menyelenggarakan RUPS lainnya. Informasi                       other GMS. Information on the implementation and resolutions
pelaksanaan dan hasil keputusan RUPS tahun 2023 diuraikan                        of the 2023 GMS is described as follows:
sebagai berikut:




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RUPS Tahunan 26 Mei 2023
Annual GMS 26 May 2023

Hari/Tanggal                            Jumat, 26 Mei 2023
Day/Date                                Friday, 26 May 2023

Waktu                                   09.45-10.55 WIB
Time
                                        Graha BIP, Function Hall Lt. 11
Tempat
                                        Jl. Gatot Subroto Kav. 23
Place                                   Jakarta Selatan 12930

Kehadiran Dewan Komisaris               Komisaris Utama Independen / Independent President Commissioner                      : Zaenal Abidin, Ph.D
Attendance of Board of                  Komisaris/Komisaris Independen / Commissioner/Independent Commissioner               : Gunawan Tenggarahardja
Commissioners                           Komisaris/Komisaris Independen / Commissioner/Independent Commissioner               : Sia Leng Ho

                                        Direktur Utama / President Director                                                  : Achmad Friscantono
                                        Wakil Direktur Utama / Deputy President Director                                     : Rusli
Kehadiran Direksi
                                        Direktur / Director                                                                  : Lembing
Attendance of Board of                  Direktur / Director                                                                  : Debora Wahjutirto Tanoyo
Directors                               Direktur Kepatuhan dan Manajemen Risiko /                                            : Tamunan
                                        Director of Compliance and Risk Management

                                        RUPS dihadiri oleh Pemegang Saham yang mewakili 13.885.829.407 saham atau 87,62% dari seluruh saham
Pemegang Saham                          dengan hak suara yang sah yang telah dikeluarkan oleh Bank.
Shareholders                            The GMS was attended by Shareholders representing 13,885,829,407 shares or 87.62% of all shares with valid
                                        voting rights issued by the Bank.

                                        Bank telah menunjuk pihak independen yaitu Notaris Fathiah Helmi, SH, Biro Administrasi Efek yaitu PT Adimitra
Penunjukan Pihak Independen
                                        Jasa Korpora, dan Kantor Akuntan Publik Purwantono, Sungkoro & Surja untuk melakukan proses penghitungan
dalam RUPS Tahunan
                                        suara dan/atau melakukan validasi.
Appointment of Independent              The Bank has appointed independent parties, namely Notary Fathiah Helmi, SH, Share Registrar Bureau
Party at the Annual GMS                 PT Adimitra Jasa Korpora, and Public Accounting Firm Purwantono, Sungkoro & Surja to count and/or validate votes.



Hasil Keputusan RUPS Tahunan 26 Mei 2023
Resolutions of Annual GMS 26 May 2023

                                    Keputusan                                                       Realisasi                     Pengambilan Suara
                                    Resolutions                                                    Realization                         Voting
Menyetujui Laporan Tahunan Perseroan termasuk Laporan Direksi, pengesahan                 Telah direalisasikan sepenuhnya.    Musyawarah mufakat.
Laporan Keuangan Tahunan, serta Laporan Tugas Pengawasan Dewan Komisaris                  Fully realized.                     Amicable resolution.
pada tanggal 31 Desember 2022.
Approved the Company’s Annual Report including the Board of Directors’
Report, validation of the Annual Financial Statements, as well as the Board of
Commissioners’ Supervisory Report on 31 December 2022.

Menyetujui penetapan penggunaan laba bersih Bank untuk tahun buku yang                    Telah direalisasikan sepenuhnya.    Musyawarah mufakat.
berakhir pada tanggal 31 Desember 2022.                                                   Fully realized.                     Amicable resolution.
Approved the determination of the use of the Bank’s net income for the fiscal year
ending 31 December 2022.

Menyetujui pemberian kuasa dan wewenang kepada wakil Pemegang Saham untuk                 Telah direalisasikan sepenuhnya.    Musyawarah mufakat.
menetapkan besarnya honorarium anggota Dewan Komisaris serta memberi kuasa                Fully realized.                     Amicable resolution.
dan wewenang kepada Dewan Komisaris untuk menetapkan pembagian tugas dan
wewenang anggota Direksi serta besarnya gaji dan tunjangan para anggota Direksi.
Approved to grant power and authority to representatives of Shareholders to
determine the honorarium amount for members of the Board of Commissioners
and to grant power and authority to the Board of Commissioners to determine the
division of duties and authorities of members of the Board of Directors and the
amount of salary and allowances for members of the Board of Directors.

Menyetujui menunjuk akuntan publik untuk mengaudit Laporan Keuangan Bank untuk            Telah direalisasikan sepenuhnya.    Musyawarah mufakat.
tahun buku 2023 dan memberikan kuasa kepada Dewan Komisaris untuk menetapkan              Fully realized.                     Amicable resolution.
honorarium akuntan publik tersebut serta persyaratan lain penunjukannya.
Approved to appoint an Ndepe accountant to audit the Bank’s Financial Statements for
the 2023 fiscal year and granted authorities to the Board of Commissioners to determine
the honorarium for Ndepe accountant and other requirements for the appointment.




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                                  Keputusan                                                     Realisasi                    Pengambilan Suara
                                  Resolutions                                                  Realization                        Voting
 Menyetujui perubahan Pasal 17 ayat (9) huruf b dan Pasal 23 ayat (5) Anggaran        Telah direalisasikan sepenuhnya.   Musyawarah mufakat.
 Dasar Perseroan.                                                                     Fully realized.                    Amicable resolution.
 Approved the amendments to Article 17 paragraph (9) letter b and Article
 23 paragraph (5) of the Company’s Articles of Association.

 Menyetujui Laporan Realisasi Penggunaan Dana Penambahan Modal dengan                 Telah direalisasikan sepenuhnya.   Musyawarah mufakat.
 Memberikan Hak Memesan Efek Terlebih Dahulu VI, Penambahan Modal dengan              Fully realized.                    Amicable resolution.
 Memberikan Hak Memesan Efek Terlebih Dahulu VII, dan Penawaran Umum
 Berkelanjutan Obligasi III tahap I Tahun 2023.
 Approved the Report on the Realization of the Use of Proceeds from Capital
 Increase with Pre-emptive Rights VI, Capital Increase with Pre-emptive Rights VII,
 and Continuous Public Offering of Bonds III phase I Year 2023.

 Menyetujui perubahan susunan pengurus Perseroan.                                     Telah direalisasikan sepenuhnya.   Musyawarah mufakat.
 Approved changes to the composition of the Company’s management.                     Fully realized.                    Amicable resolution.




Informasi dan Realisasi mengenai Keputusan                                      Information and Realization of the 2022
RUPS Tahunan 2022                                                               Annual GMS Resolutions

Sepanjang tahun 2022, Bank Victoria telah menyelenggarakan                      Throughout 2022, Bank Victoria held 1 (one) Annual GMS on
1 (satu) kali RUPS Tahunan yang diselenggarakan pada tanggal                    3 June 2022 and 2 (two) Extraordinary GMS on 10 August
3 Juni 2022 dan 2 (dua) kali RUPS Luar Biasa pada tanggal                       2022 and 19 October 2022 at Graha BIP, Function Hall,
10 Agustus 2022 dan 19 Oktober 2022 di Graha BIP, Function Hall                 11th floor, Jl. Gatot Subroto Kav. 23, Jakarta Selatan 12930.
Lt. 11, Jl. Gatot Subroto Kav. 23, Jakarta Selatan 12930.


Keputusan rapat dilakukan dengan cara musyawarah untuk                          Meeting’s resolutions are held by way of deliberation to reach
mufakat, apabila musyawarah untuk mufakat tidak tercapai, maka                  consensus, in the event deliberation to reach the consensus is not
dilakukan pemungutan suara. Bank Victoria menunjuk pihak                        reached, then voting is conducted. Bank Victoria appoints independent
independen untuk RUPS Tahunan dan RUPS Luar Biasa yaitu Biro                    parties for the Annual GMS and Extraordinary GMS, namely the Share
Administrasi Efek dan Notaris dalam melakukan perhitungan suara.                Registrar Bureau and Notary to calculate the votes.


Hingga akhir Desember 2023, seluruh keputusan RUPS di tahun                     Until the end of December 2023, all resolutions of the 2022 GMS
2022 telah selesai direalisasikan dengan agenda RUPS diuraikan                  had been completed with the GMS agenda outlined as follows:
sebagai berikut:


RUPS Tahunan 3 Juni 2022                                                        Annual GMS 3 June 2022
1. Persetujuan Laporan Tahunan Perseroan dan pengesahan                         1. Approval of the Company’s Annual Report and ratification
   Laporan Keuangan Perseroan untuk tahun buku yang berakhir                       of the Company’s Financial Statements for the fiscal year
   pada tanggal 31 Desember 2021, Laporan Tugas Pengawasan                         ended 31 December 2021, the Board of Commissioners’
   Dewan Komisaris serta memberikan pelunasan dan pembebasan                       Supervisory Report, and granting full release and discharge of
   tanggung jawab sepenuhnya (acquit et de charge) kepada                          responsibility (acquit et de charge) to members of the Board
   anggota Direksi dan Dewan Komisaris Perseroan.                                  of Directors and Board of Commissioners of the Company.
2. Penetapan besarnya honorarium anggota Dewan Komisaris                        2. Determination of honorarium amount for members of the
   dan penetapan pembagian tugas dan wewenang anggota                              Board of Commissioners and determination of the division of
   Direksi serta besarnya gaji dan tunjangan para anggota Direksi                  duties and authorities of members of the Board of Directors
   Perseroan.                                                                      and the amount of salary and allowances for members of the
                                                                                   Board of Directors of the Company.
3. Penunjukan akuntan publik independen terdaftar yang akan                     3. Appointment of registered independent public accountant to
   melakukan audit atas Laporan Keuangan Perseroan untuk                           audit the Company’s Financial Statements for the fiscal year
   tahun buku yang berakhir pada 31 Desember 2022.                                 ended 31 December 2022.
4. Persetujuan pengangkatan dan pengunduran diri Direksi dan                    4. Approval of appointment and resignation of the Board of
   Dewan Komisaris Perseroan.                                                      Directors and Board of Commissioners of the Company.
5. Persetujuan peningkatan modal dasar Perseroan.                               5. Approval of increasing the authorized capital of the Company.
6. Persetujuan atas Penambahan Modal Perseroan dengan                           6. Approval of the Company’s Capital Increase by granting
   memberikan Hak Memesan Efek Terlebih Dahulu (PMHMETD)                           Pre-emptive Rights (PMHMETD) and amendments to the
   dan perubahan Anggaran Dasar Perseroan.                                         Company’s Articles of Association.




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RUPS Luar Biasa 10 Agustus 2022                                       Extraordinary GMS 10 August 2022
1. Perubahan Pasal 3 Anggaran Dasar Perseroan.                        1. Amendment to Article 3 of the Company’s Articles of
                                                                         Association.
2. Persetujuan rencana tindak pengembangan bisnis Bank                2. Approval of the Bank’s business development action plan
   melalui peningkatan modal inti, kolaborasi dengan partner             through increasing core capital, collaboration with strategic
   strategis atau aksi korporasi lainnya.                                partners or other corporate actions.
3. Penambahan susunan pengurus Perseroan.                             3. Addition to the composition of the Company’s management.


RUPS Luar Biasa 19 Oktober 2022                                       Extraordinary GMS 19 October 2022
1. Persetujuan atas rencana pelaksanaan Penambahan Modal              1. Approval of the plan to implement the Company’s
   Perseroan dengan Hak Memesan Efek Terlebih Dahulu                     Capital Increase with Pre-emptive Rights (PMHMETD) as
   (PMHMETD) sebagaimana dimaksud dalam Peraturan Otoritas               referred to in the Financial Services Authority Regulation
   Jasa Keuangan No. 32/2015, bersamaan dengan penerbitan                No. 32/2015, together with the issuance of warrants, along
   waran, berikut dengan pemberian kuasa dan wewenang                    with the granting of power and authority to the Board of
   kepada Direksi Perseroan untuk menetapkan jumlah                      Directors of the Company to determine the number of shares
   saham yang ditawarkan dalam PMHMETD, menetapkan                       offered in the PMHMETD, to determine the exercise price
   harga pelaksanaan PMHMETD, melakukan segala tindakan                  for PMHMETD, to take all necessary actions in executing
   yang diperlukan dalam pelaksanaan PMHMETD dengan                      PMHMETD by observing the applicable laws and regulations,
   memperhatikan peraturan perundang-undangan yang                       and to increase the issued and paid-up capital after executing
   berlaku, dan melakukan peningkatan modal ditempatkan                  PMHMETD.
   dan modal disetor setelah pelaksanaan PMHMETD.
2. Persetujuan penetapan Direksi dan Dewan Komisaris                  2. Approval of the appointment of the Board of Directors and
   Perseroan.                                                            Board of Commissioners of the Company.




Dewan Komisaris
Board of Commissioners


Dewan Komisaris merupakan organ Bank yang bertugas                    The Board of Commissioners is the Bank’s organ that is in charge
dan bertanggung jawab untuk melakukan pengawasan dan                  of and responsible for supervising and providing advices to the
memberikan nasihat kepada Direksi serta memastikan bahwa Bank         Board of Directors and ensuring that the Bank implements GCG
melaksanakan GCG pada seluruh tingkatan atau jenjang organisasi.      at all levels of the organization.



Pedoman Dewan Komisaris                                               Board of Commissioners Charter

Dewan Komisaris Bank telah memiliki pedoman kerja yang tertuang       The Bank’s Board of Commissioners has a work guideline set out in
dalam Board of Commissioners Charter (BOC Charter). Pedoman           the Board of Commissioners Charter (BOC Charter). The guideline
tersebut telah dimutakhirkan berdasarkan Keputusan Dewan              has been updated based on the Board of Commissioners’ Decision
Komisaris No. 001/SK-KOM/12/23 tanggal 6 Desember 2023.               No. 001/SK-KOM/12/23 dated 6 December 2023.



Ruang Lingkup Pekerjaan dan Tanggung                                  Scope of Work and Responsibilities of Each
Jawab Masing-Masing Anggota Dewan                                     Member of the Board of Commissioners
Komisaris

Berdasarkan Keputusan Dewan Komisaris No. 003/SK-KOM/11/22            Based on the Board of Commissioners’ Decision
tanggal 9 November 2022 tentang Pembagian Tugas dan                   No. 003/SK-KOM/11/22 dated 9 November 2022 regarding
Wewenang Anggota Board of Commissioners, tugas dan                    the Distribution of Duties and Authorities of the Board of
tanggung jawab masing-masing anggota Dewan Komisaris                  Commissioners’ Members, the duties and responsibilities of each
diuraikan sebagai berikut:                                            member of the Board of Commissioners are described as follows:




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                                                         Zaenal Abidin, Ph.D
                                                     Komisaris Utama Independen
                                                 Independent President Commissioner
1. Melakukan koordinasi dan memberikan pengarahan kepada anggota        1. Coordinating and providing direction to the Board of Commissioners’
   Dewan Komisaris;                                                        members;
2. Mengoordinasikan pengawasan yang dilakukan oleh anggota Dewan        2. Coordinating the supervision carried out by the Board of Commissioners’
   Komisaris sesuai dengan bidangnya masing-masing;                        members according to their respective fields;
3. Menyelenggarakan dan memimpin:                                       3. Organizing and leading:
   a. Rapat internal Dewan Komisaris; dan                                  a. Board of Commissioners internal meeting; and
   b. Rapat gabungan Dewan Komisaris dan Direksi guna membahas dan         b. Joint meetings of the Board of Commissioners and Board of Directors
      mengevaluasi perkembangan laporan kinerja Direksi;                      to discuss and evaluate the progress of the Board of Directors’
                                                                              performance reports;
4. Melakukan pengawasan kegiatan pada bidang-bidang:                    4. Supervising activities in the following areas:
   a. Good Corporate Governance;                                           a. Good Corporate Governance;
   b. Compliance & System Procedure;                                       b. Compliance & System Procedure;
   c. Risk Management/Integrated;                                          c. Risk Management/Integrated;
   d. Tata Kelola Terintegrasi/Integrated Corporate Governance; dan        d. Integrated Corporate Governance; and
   e. SKAl/Integrated & Anti Fraud;                                        e. SKAl/Integrated & Anti Fraud;
5. Melakukan pengawasan kegiatan bidang Internal Audit;                 5. Supervising activities in Internal Audit areas;
6. Memberikan tugas lain kepada anggota Dewan Komisaris;                6. Giving other duties to the Board of Commissioners’ members;
7. Membuat konsep memorandum kepada Direksi berkaitan dengan            7. Creating a draft of memorandum to the Board of Directors relating to
   pengawasan dan pembinaan bidangnya;                                     the field supervision and development;
8. Mengambil alih tugas Komisaris lainnya apabila yang bersangkutan     8. Taking over the duties of other Commissioners in the event the person
   berhalangan; serta                                                      concerned is absent; and
9. Memimpin rapat gabungan antara Direksi dan Dewan Komisaris.          9. Leading joint meetings between the Board of Directors and Board of
                                                                           Commissioners.

                                                     Gunawan Tenggarahardja
                                                 Komisaris/Komisaris Independen
                                              Commissioner/Independent Commissioner
1. Melakukan pengawasan kegiatan bidang-bidang:                         1. Supervising activities in the following areas:
   a. Perkreditan;                                                         a. Credit;
   b. Information Technology;                                              b. Information Technology;
   c. Human Capital Management & General Affair;                           c. Human Capital Management & General Affair;
   d. Corporate Legal; dan                                                 d. Corporate Legal; and
   e. Credit Legal;                                                        e. Credit Legal;
2. Membahas permasalahan-permasalahan bidang yang berada di bawah       2. Discussing issues in the areas under their supervision;
   pengawasannya;
3. Membantu mempersiapkan penyusunan laporan bagi Otoritas              3. Assisting the preparation of reports for the Financial Services Authority
   Jasa Keuangan pada setiap akhir semester, khususnya mengenai            at the end of each semester, particularly regarding the fields under their
    bidang-bidang yang berada di bawah pengawasannya;                      supervision;
4. Membuat konsep memorandum kepada Direksi berkaitan dengan            4. Creating a draft of memorandum to the Board of Directors relating to
   pengawasan dan pembinaan bidangnya; serta                               the field supervision and development; and
5. Mewakili tugas Komisaris Utama dan Komisaris lainnya, apabila yang   5. Representing the duties of the President Commissioner and other
   bersangkutan berhalangan.                                               Commissioners, in the event the person concerned cannot

                                                               Sia Leng Ho
                                                                Komisaris
                                                              Commissioner
1. Melakukan pengawasan kegiatan bidang-bidang:                         1. Supervising activities in the following areas:
   a. Retail Banking, Branch Banking Network & Performance;                a. Retail Banking, Branch Banking Network & Performance;
   b. Finance & Accounting;                                                b. Finance & Accounting;
   c. Operations;                                                          c. Operations;
   d. Loan Operations; dan                                                 d. Loan Operations; and
   e. Treasury & International Banking;                                    e. Treasury & International Banking;
2. Membahas permasalahan-permasalahan bidang yang berada di bawah       2. Discussing issues in the areas under their supervision;
   pengawasannya;
3. Membantu mempersiapkan penyusunan laporan bagi Otoritas Jasa         3. Assisting the preparation of reports for the Financial Services Authority
   Keuangan pada setiap akhir semester, khususnya mengenai bidang-         at the end of each semester, particularly regarding the fields under their
   bidang yang berada di bawah pengawasannya;                              supervision;
4. Membuat konsep memorandum kepada Direksi berkaitan dengan            4. Creating a draft of memorandum to the Board of Directors relating to
   pengawasan dan pembinaan bidangnya; serta                               the field supervision and development; and
5. Mewakili tugas Komisaris Utama dan Komisaris lainnya, apabila yang   5. Representing the duties of the President Commissioner and other
   bersangkutan berhalangan.                                               Commissioners, in the event the person concerned cannot attend the
                                                                           meeting.




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Wewenang Dewan Komisaris                                               Authority of the Board of Commissioners

Dalam menjalankan tugas dan tanggung jawab, Dewan Komisaris            In performing its duties and responsibilities, the Board of
memiliki wewenang untuk:                                               Commissioners has the authority to:
1. Dewan Komisaris dengan suara terbanyak setiap waktu                 1. The Board of Commissioners with the most vote, at all
    berhak memberhentikan untuk sementara waktu seorang                   times, has the rights to suspend one or more members
    atau lebih anggota Direksi, jika bertindak bertentangan               of the Board of Directors, if acting on the contrary to the
    dengan Anggaran Dasar serta peraturan lainnya atau                    Articles of Association and other regulations or neglecting
    melalaikan kewajibannya atau terdapat alasan yang                     the obligations or there is an urgent reason for the Bank,
    mendesak bagi Bank, termasuk dalam hal Direksi sakit dan              including in the case of the Board of Directors being sick and
    tidak dapat menjalankan tugas. Dalam jangka waktu paling              unable to perform the duties. Within the period of no more
    lambat 30 hari setelah tanggal pemberhentian sementara                than 30 days after the suspension date, a GMS must be held;
    harus diselenggarakan RUPS;
2. Dalam hal jabatan salah seorang anggota Direksi kosong, baik        2. In the event that one position of Board of Directors is
    mengundurkan diri maupun diberhentikan dan penggantinya               vacant, either due to resignation or dismissal, and no
    belum ada atau belum memangku jabatannya, maka Dewan                  successor available or has assumed the position, the Board
    Komisaris berwenang menunjuk salah seorang anggota                    of Commissioners is authorized to appoint a member of the
    Direksi untuk menjalankan pekerjaan anggota Direksi lainnya           Board of Directors to carry out the work of the other vacant
    yang kosong tersebut dengan kekuasaan dan wewenang                    position of the Board of Directors with equal power and
    yang sama dan Direktur tersebut dapat bertindak untuk dan             authority, and this Director may act for and on behalf of the
    atas nama Direksi serta menunjuk pihak lain untuk mewakili            Board of Directors and appoint other party to represent the
    Bank dalam hal terjadi benturan kepentingan Bank dengan               Bank in the event of a conflict of interest of the Bank with the
    kepentingan semua anggota Direksi;                                    interest of all members of the Board of Directors;
3. Menetapkan komposisi Direksi berdasarkan kewenangan                 3. Determining the composition of the Board of Directors based
    yang dilimpahkan oleh RUPS;                                           on the authority delegated by the GMS;
4. Mendapatkan informasi dari Direksi Entitas Anak terkait             4. Obtaining information from the Board of Directors of a
    dengan kondisi Entitas Anak; dan                                      Subsidiary related to the Subsidiary condition; and
5. Menyetujui atau menolak secara tertulis tindakan-tindakan           5. Approving or rejecting in writing the actions of the Board of
    yang dilakukan Direksi seperti yang tercantum dalam BOC               Directors as stated in the BOC Charter.
    Charter.



Jumlah, Komposisi, dan Independensi Dewan                              Number, Composition, and Independence of
Komisaris                                                              the Board of Commissioners

Jumlah dan Komposisi                                                   Number and Composition
Anggota Dewan Komisaris Bank minimal berjumlah 3 (tiga) orang,         The Board of Commissioners of the Bank shall at least consists
termasuk Komisaris Independen. Masa jabatan Dewan Komisaris            of 3 (three) members, including Independent Commissioner. The
adalah 3 (tiga) tahun sejak diangkat dalam RUPS dengan tidak           term of office of the Board of Commissioners is 3 (three) years
mengurangi hak RUPS untuk memberhentikan Dewan Komisaris               effective from the appointment in the GMS, without prejudice
sewaktu-waktu dengan memperhatikan ketentuan Anggaran                  to the GMS’ right to dismiss the Board of Commissioners at any
Dasar. Pada tahun 2023, jumlah dan komposisi Dewan Komisaris           given time with due observance of the Articles of Association. In
Bank Victoria sebagai berikut:                                         2023, the number and composition of Bank Victoria’s Board of
                                                                       Commissioners were as follows:


          Nama                            Jabatan                             Dasar Hukum Pengangkatan dan Masa Jabatan
          Name                            Position                            Legal Basis of Appointment and Term of Office
 Zaenal Abidin, Ph.D      Komisaris Utama Independen                 Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                          Independent President Commissioner         Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Gunawan Tenggarahardja   Komisaris/Komisaris Independen             Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                          Commissioner/Independent Commissioner      Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Sia Leng Ho              Komisaris                                  Keputusan RUPS Luar Biasa tanggal 10 Agustus 2022 (2022-2025).
                          Commissioner                               Extraordinary GMS Resolutions dated 10 August 2022 (2022-2025).




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Independensi                                                          Independence
Bank menjamin independensi seluruh anggota Dewan Komisaris            The Bank guarantees the independence of all members of Board
dalam menjalankan tugas dan tanggung jawabnya. Dewan                  of Commissioners in performing their duties and responsibilities.
Komisaris juga senantiasa bersikap profesional untuk memberikan       The Board of Commissioners also always behaves professionally
kontribusi bagi kemajuan Bank.                                        to contribute to the progress of the Bank.



Penilaian Kemampuan dan Kepatutan Dewan                               Fit and Proper Test for the Board of
Komisaris                                                             Commissioners

Sebagaimana disyaratkan dalam Peraturan Otoritas Jasa                 As required in Financial Services Authority Regulation
Keuangan No. 27/POJK.03/2016 tentang Penilaian Kemampuan              No. 27/POJK.03/2016 on Fit and Proper Test for Key Parties
dan Kepatutan bagi Pihak Utama Lembaga Jasa Keuangan,                 of Financial Services Institutions, candidates for the Board
calon anggota Dewan Komisaris wajib memperoleh persetujuan            of Commissioners are required to obtain approval from the
dari Otoritas Jasa Keuangan sebelum menjalankan tugasnya.             Financial Services Authority before performing their duties. In
Pada tahun 2023, seluruh anggota Dewan Komisaris Bank telah           2023, all members of the Bank’s Board of Commissioners fulfilled
memenuhi seluruh persyaratan dan telah lulus uji penilaian            all requirements and passed the fit and proper test for the key
kemampuan dan kepatutan bagi pihak utama, sebagaimana                 parties, as proven by the decisions of the Financial Services
dibuktikan dengan keputusan Otoritas Jasa Keuangan dan Bank           Authority and Bank Indonesia mentioned in each member of the
Indonesia yang disebutkan pada masing-masing profil anggota           Board of Commissioners’ profile in the Company Profile chapter.
Dewan Komisaris pada bab Profil Perusahaan.



Komisaris Independen                                                  Independent Commissioner

Bank Victoria memiliki 2 (dua) Komisaris Independen atau 66,67%       Bank Victoria has 2 (two) Independent Commissioners or 66.67% of
dari total 3 (tiga) anggota Dewan Komisaris. Dengan demikian,         the total 3 (three) members of the Board of Commissioners. Thus,
Bank telah memenuhi ketentuan dalam Peraturan Otoritas Jasa           the Bank has complied with the provisions of Financial Services
Keuangan No. 17 Tahun 2023 tentang Penerapan Tata Kelola bagi         Authority Regulation No. 17 of 2023 on the Implementation of
Bank Umum, yang mewajibkan Bank untuk memiliki Komisaris              Governance for Commercial Bank, which requires Bank to have
Independen minimal 50% dari total anggota Dewan Komisaris.            Independent Commissioners of at least 50% of the total members
Berikut persyaratan Komisaris Independen Bank:                        of the Board of Commissioners. Below are the requirements to be
                                                                      the Bank’s Independent Commissioner:
1. Bukan merupakan orang yang bekerja atau mempunyai                  1. Not being employed nor having the authority and
   wewenang dan tanggung jawab untuk merencanakan,                         responsibility to plan, lead, control, or supervise the
   memimpin, mengendalikan, atau mengawasi kegiatan                        Bank’s activities within the last 6 (six) months, except for
   Bank dalam waktu 6 (enam) bulan terakhir, kecuali untuk                 reappointment as the Bank’s Independent Commissioner in
   pengangkatan kembali sebagai Komisaris lndependen Bank                  the next period;
   pada periode berikutnya;
2. Tidak mempunyai saham baik langsung maupun tidak langsung          2. Not possessing any shares in the Bank, either directly or
   pada Bank;                                                            indirectly;
3. Tidak mempunyai hubungan afiliasi dengan Bank, anggota             3. Not having affiliation relationship with the Bank, members of
   Dewan Komisaris, anggota Direksi atau Pemegang Saham                  Board of Commissioners, members of Board of Directors, or
   Utama Bank; dan                                                       the Bank’s Main Shareholders; and
4. Tidak mempunyai hubungan usaha baik langsung maupun tidak          4. Not having business relationship, either directly or indirectly,
   langsung yang berkaitan dengan kegiatan usaha Bank tersebut.          that are related to the Bank’s business activities.


Pernyataan Independensi                                               Statement of Independency
Seluruh Komisaris Independen Bank telah menandatangani Surat          All of the Bank’s Independent Commissioners have signed a
Pernyataan Independensi dan lulus fit and proper test sebagai         Statement of Independence and passed the fit and proper test
Komisaris Independen sesuai dengan ketentuan Otoritas Jasa            as Independent Commissioners in accordance with the provisions
Keuangan tentang fit and proper test.                                 of the Financial Services Authority regarding fit and proper test.




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Rapat Dewan Komisaris                                                 Board of Commissioners’ Meetings

Kebijakan Rapat Dewan Komisaris                                       Board of Commissioners’ Meeting Policy
Dewan Komisaris minimal melaksanakan 1 (satu) kali rapat              The Board of Commissioners holds at least 1 (one) internal
internal selama 2 (dua) bulan dan minimal 1 (satu) kali dalam         meeting in 2 (two) months and at least 1 (one) joint meeting
4 (empat) bulan rapat gabungan dengan Direksi. Rapat wajib            every 4 (four) months with the Board of Directors. Meeting must
dihadiri oleh seluruh anggota Dewan Komisaris secara fisik            be attended by all members of the Board of Commissioners in
minimal 2 (dua) kali dalam 1 (satu) tahun, dan apabila anggota        person at least 2 (two) times in 1 (one) year, and if members
Dewan Komisaris tidak dapat hadir dalam rapat Dewan Komisaris         of the Board of Commissioners cannot attend the Board of
secara fisik, maka Dewan Komisaris dapat menghadiri rapat             Commissioners’ meeting in person, such members can attend the
melalui teknologi teleconference.                                     meeting via teleconference technology.


Frekuensi Kehadiran Rapat Dewan Komisaris                             Board of Commissioners’ Frequency of
                                                                      Attendance in Meetings
Selama tahun 2023, frekuensi kehadiran Dewan Komisaris dalam          Throughout 2023, the Board of Commissioners’ frequency of
rapat ditunjukkan sebagai berikut:                                    attendance at meetings is shown as follows:


                                                      Rapat Internal Dewan Komisaris
                                                                                                  Rapat Gabungan dengan Direksi
                                                      Board of Commissioners Internal
                                                                                               Joint Meeting with Board of Directors
                                                                 Meeting
        Nama                   Jabatan                                           Tingkat                                     Tingkat
        Name                   Position              Total          Total                       Total          Total
                                                                                Kehadiran                                   Kehadiran
                                                     Rapat        Kehadiran                     Rapat        Kehadiran
                                                                               Attendance                                  Attendance
                                                     Total          Total                       Total          Total
                                                                                  Rate                                        Rate
                                                    Meetings     Attendance                    Meetings     Attendance
                                                                                   (%)                                         (%)
 Zaenal Abidin, Ph.D   Komisaris Utama Independen
                       Independent President           8             8            100.00           13            13               100.00
                       Commissioner

 Gunawan               Komisaris/Komisaris
 Tenggarahardja        Independen
                                                       8             8            100.00           13            13               100.00
                       Commissioner/Independent
                       Commissioner

 Sia Leng Ho           Komisaris
                                                       8             8            100.00           13            13               100.00
                       Commissioner



Kehadiran Dewan Komisaris dalam RUPS dapat dilihat pada               The attendance of the Board of Commissioners at GMS can be
bagian Rapat Umum Pemegang Saham.                                     seen in the General Meeting of Shareholders section.


Agenda Rapat Internal Dewan Komisaris                                 Agenda of Board of Commissioners’ Internal
                                                                      Meeting
Agenda yang dibahas dalam rapat internal Dewan Komisaris              The agenda discussed in the internal meeting of Board of
khususnya terkait rekomendasi kebijakan Pedoman Gratifikasi/          Commissioners is specifically related to recommendations for
Bonus tahun 2022-2023 bagi pengurus dan karyawan Bank,                2022-2023 Gratification/Bonus Guidelines policy for Bank’s
rekomendasi Direktur Operasional dan IT, rencana perubahan            management and employees, recommendations for Director of
Anggaran Dasar, rekomendasi tunjangan akhir tahun bagi                Operations and IT, plans for changes to Articles of Association,
pengurus dan karyawan, persetujuan penunjukan anggota Dewan           recommendations for year-end allowances for management and
Komisaris yang mewakili Dewan Komisaris dalam melakukan               employees, approval of the appointment of members of the
tindakan/perbuatan hukum tertentu, profil risiko, penerbitan          Board Commissioner representing the Board of Commissioners in
Peraturan Otoritas Jasa Keuangan No. 17 Tahun 2023 tentang            carrying out certain legal actions/actions, risk profiles, issuance
Penerapan Tata Kelola bagi Bank Umum, rencana kerja Dewan             of Financial Services Authority Regulation No. 17 of 2023 on
Komisaris tahun 2024, Rencana Bisnis Bank 2024-2026, dan              Implementation of Governance for Commercial Banks, the
perubahan BOC Charter dalam rangka penyesuaian dengan                 Board of Commissioners 2024 work plan, Bank Business Plan
Peraturan Otoritas Jasa Keuangan yang baru.                           2024-2026, and changes to BOC Charter to adjust to the new
                                                                      Financial Services Authority Regulations.




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk        175
Page 178
      Tata Kelola Perusahaan
      Good Corporate Governance




Agenda Rapat Gabungan dengan Direksi                                  Agenda of Joint Meeting with Board of Directors
Agenda yang dibahas dalam rapat gabungan dengan Direksi               The agenda discussed in the joint meeting with the Board of
khususnya terkait target internal Bank Victoria tahun 2023,           Directors is specifically related to Bank Victoria’s internal targets
kinerja Bank dibandingkan target internal dan Rencana                 for 2023, Bank’s performance compared to the internal targets and
Bisnis Bank, tindak lanjut memo Dewan Komisaris, teknologi            Bank’s Business Plan, follow-up to the Board of Commissioners’
informasi, kinerja keuangan dibandingkan target internal dan          memo, information technology, financial performance compared
Rencana Bisnis Bank, revisi Rencana Bisnis Bank 2023-2025,            to the internal targets and Bank’s Business Plan, revision of
Anti Pencucian Uang dan Pencegahan Pendanaan Terorisme                Bank’s Business Plan 2023-2025, Anti-Money Laundering and
(APU dan PPT), SuperApps Digital on Boarding, dan Rencana             Counter Terrorism Financing (AML and CTF), SuperApps Digital
Bisnis Bank 2024-2026.                                                on Boarding, and Bank Business Plan 2024-2026.



Persetujuan dan Rekomendasi Dewan                                     Board of Commissioners’ Approvals and
Komisaris                                                             Recommendations

Ketentuan terkait keputusan yang perlu mendapat persetujuan           Provisions related to decisions that need approval of the Board of
Dewan Komisaris sebagaimana diatur dalam Peraturan Otoritas           Commissioners as stipulated in the Financial Services Authority
Jasa Keuangan No. 55/POJK.03/2016 dan Peraturan Otoritas              Regulation No. 55/POJK.03/2016 and Financial Services
Jasa Keuangan No. 17 Tahun 2023, yaitu:                               Authority Regulation No. 17 of 2023 are:
1. Dewan Komisaris dilarang untuk ikut serta dalam pengambilan        1. The Board of Commissioners is prohibited from taking part in
    keputusan untuk kegiatan operasional Bank, kecuali:                   decision making for the Bank’s operational activities, unless:
    a. Penyediaan dana kepada pihak terkait sebagaimana                   a. Provision of fund to related party as stipulated
        diatur dalam ketentuan mengenai batas maksimum                        in the provisions regardin         g legal lending limit for
        pemberian kredit bank umum; dan                                       commercial bank; and
    b. Hal-hal lain yang ditetapkan dalam Anggaran Dasar Bank             b. Other matters specified in the Bank’s Articles of
        atau peraturan perundang-undangan yang berlaku;                       Association or in the applicable laws and regulations;
2. Pengambilan keputusan kegiatan operasional Bank oleh               2. Decision making on Bank operational activities by the Board
    Dewan Komisaris sebagaimana dimaksud di atas merupakan                of Commissioners as referred to in the above is part of the
    bagian dari tugas pengawasan oleh Dewan Komisaris                     supervisory function of the Board of Commissioners and
    sehingga tidak meniadakan tanggung jawab Direksi atas                 does not negate the Board of Directors’ responsibility for the
    pelaksanaan kepengurusan Bank.                                        implementation of Bank management.


Sementara itu, Dewan Komisaris telah mengeluarkan 29                  Meanwhile, the Board of Commissioners issued 29 approvals and
persetujuan dan rekomendasi di sepanjang tahun 2023, seperti          recommendations throughout 2023, including directions on the
arahan hasil penelaahan tren pertumbuhan kinerja usaha dan            review results of business performance growth trends and targets
pencapaian target Rencana Bisnis Bank triwulan IV 2022, serta         achievement of Bank’s Business Plan Quarter IV-2022, as well as
rekomendasi mengenai evaluasi tunjangan operasional, dan lain         recommendation on the evaluation of operational allowances,
sebagainya.                                                           and so on.



Sertifikasi Manajemen Risiko Dewan                                    Board of Commissioners’ Risk Management
Komisaris                                                             Certification

Berdasarkan Peraturan Otoritas Jasa Keuangan No. 24 Tahun             Based on Financial Services Authority Regulation No. 24 of 2022
2022 tentang Pengembangan Kualitas Sumber Daya Manusia                on Human Resources Quality Development for Commercial
Bank Umum, salah satu syarat umum dan standardisasi                   Banks, one of the general requirements and standardization of
kompetensi serta keahlian manajemen Bank adalah dengan                competence and expertise of Bank management is to have risk
dimilikinya sertifikasi manajemen risiko. Terkait hal tersebut,       management certification. As such, Bank Victoria’s Board of
Dewan Komisaris Bank Victoria telah mengikuti sertifikasi             Commissioners has attended the risk management certification
manajemen risiko yang dapat dilihat pada masing-masing profil         which can be seen in profile of each Board of Commissioners’
anggota Dewan Komisaris pada bab Profil Perusahaan.                   member in the Company Profile chapter.




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Direksi
Board of Directors



Direksi merupakan organ yang bertanggung jawab atas jalannya                The Board of Directors is the organ that is responsible for
pengurusan Bank untuk kepentingan Bank serta sesuai dengan                  managing the Bank for the Bank’s interests and in accordance
maksud dan tujuan yang telah ditetapkan oleh Bank.                          with the aims and objectives determined by the Bank.



Pedoman Direksi                                                             Board of Directors Charter

Direksi Bank telah memiliki pedoman kerja yang tertuang                     The Bank’s Board of Directors has a work guideline set
dalam Board of Directors Charter (BOD Charter). Pedoman                     out in the Board of Directors Charter (BOD Charter).
tersebut telah dimutakhirkan berdasarkan Keputusan Direksi                  The guidelines are updated based on Board of Directors’ Decision
No. 006A/SK-DIR/12/23 tanggal 6 Mei 2023.                                   No. 006A/SK-DIR/12/23 dated 6 May 2023.



Ruang Lingkup Pekerjaan dan Tanggung                                        Scope of Work and Responsibility of Each
Jawab Masing-Masing Anggota Direksi                                         Member of the Board of Directors

Berdasarkan Keputusan No. 001/SK-KOM/02/22 tanggal                          Based on the Decision No. 001/SK-KOM/02/22 dated 23 February
23 Februari 2022 tentang Pembagian Tugas dan Wewenang                       2022 on the Distribution of Duties and Authorities of the Board of
Anggota Board of Directors, tugas dan tanggung jawab                        Directors’ Members, the duties and responsibilities of each Board
masing-masing Direksi sebagai berikut:                                      of Directors are as follows:


                                                               Achmad Friscantono
                                                                 Direktur Utama
                                                                President Director
 Koordinasi pengelolaan Bank Victoria yang membawahi Divisi:              Coordination of Bank Victoria management which oversees the Divisions of:
 1. SEVP of Change Management Office;                                     1. SEVP of Change Management Office;
 2. SKAI & Anti Fraud;                                                    2. SKAI & Anti Fraud;
 3. Corporate Legal;                                                      3. Corporate Legal;
 4. Treasury; dan                                                         4. Treasury; and
 5. Information Technology.                                               5. Information Technology.

                                                                    Rusli
                                                            Wakil Direktur Utama
                                                          Deputy President Director
 Wakil Direktur Utama yang membawahi Divisi:                              Deputy President Director in charge of Divisions of:
 1. SEVP of Operations & International Banking;                           1. SEVP of Operations & International Banking;
 2. Operations & Internal Control Division;                               2. Operations & Internal Control Division;
 3. International Banking Division;                                       3. International Banking Division;
 4. Special Asset Management Division;                                    4. Special Asset Management Division;
 5. Credit Risk Review Division;                                          5. Credit Risk Review Division;
 6. Human Capital Management & General Affair Division; dan               6. Human Capital Management & General Affair Division; and
 7. Credit Monitoring & Collection.                                       7. Credit Monitoring & Collection.

                                                                     Lembing
                                                                  Direktur Bisnis
                                                               Director of Business
 Direktur Bisnis yang membawahi Divisi:                                   Director of Business in charge of Divisions of:
 1. SEVP of Business;                                                     1. SEVP of Business;
 2. Commercial Banking; dan                                               2. Commercial Banking; and
 3. SME & Consumer Banking Division.                                      3. SME & Consumer Banking Division.




                                                           2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           177
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      Tata Kelola Perusahaan
      Good Corporate Governance




                                                        Debora Wahjutirto Tanoyo
                                                           Direktur Keuangan
                                                           Director of Finance
 Direktur Keuangan dan Loan Admin yang membawahi Divisi:               Director of Finance and Loan Admin in charge of Divisions of:
 1. SEVP of Finance, Accounting & Management Information System;       1. SEVP of Finance, Accounting & Management Information System;
 2. Accounting Division;                                               2. Accounting Division;
 3. Management Information System (MIS);                               3. Management Information System (MIS);
 4. Loan & Trade Operation Division;                                   4. Loan & Trade Operation Division;
 5. Credit Legal Division; dan                                         5. Credit Legal Division; and
 6. Branch Branking Network & Digital; Sales Division.                 6. Branch Branking Network & Digital; Sales Division.

                                                               Tamunan
                                              Direktur Kepatuhan dan Manajemen Risiko
                                             Director of Compliance and Risk Management
 Direktur Kepatuhan dan Manajemen Risiko yang membawahi                Director of Compliance and Risk Management in charge of
 Divisi/Unit/Departemen:                                               Divisions/Unit/Department:
 1. Compliance & System Procedure Division;                            1. Compliance & System Procedure Division;
 2. Risk Management/Integrated Division;                               2. Risk Management/Integrated Division;
 3. Corporate Secretary Division; dan                                  3. Corporate Secretary Division; and
 4. Anti Money Laundering, Counter Terrorist Financing & Weapon Mass   4. Anti Money Laundering, Counter Terrorist Financing & Weapon Mass
    Destruction (AML, CTF & WMD).                                         Destruction (AML, CTF & WMD).



Wewenang Direksi                                                         Authority of the Board of Directors

Dalam menjalankan tugas dan tanggung jawab, Direksi memiliki             In performing its duties and responsibilities, the Board of
wewenang untuk:                                                          Directors has the authority to:
1. Mewakili Bank di dalam dan di luar pengadilan tentang                 1. Represent the Bank in and out of court on all matters and
    segala hal dan dalam segala kejadian, mengikat Bank dengan               in any events, to bind the Bank to other parties and other
    pihak lain dan pihak lain dengan Bank, serta menjalankan                 parties to the Bank, and to carry out all actions, both on
    segala tindakan, baik yang mengenai kepengurusan maupun                  the management and ownership, with the limitations as
    kepemilikan, dengan pembatasan yang ditetapkan dalam                     stipulated in the Articles of Association with due regard to
    Anggaran Dasar dan dengan memperhatikan peraturan                        the applicable laws and regulations;
    perundang-undangan yang berlaku;
2. Untuk melakukan tindakan tertentu, Direksi terlebih dahulu            2. To perform certain actions, the Board of Directors must first
    harus mendapat persetujuan tertulis dari Dewan Komisaris                obtain written approval from the Board of Commissioners,
    kecuali ditentukan lain oleh peraturan dan ketentuan yang               unless stipulated otherwise by the applicable rules and
    berlaku; dan                                                            regulations; and
3. Memperoleh, mengalihkan atau melepaskan dengan cara                   3. To obtain, transfer, or waive by any means the rights to
    apapun hak-hak atas barang-barang tidak bergerak dan Bank.              immovable property and the Bank.



Jumlah, Komposisi, dan Independensi Direksi                              Number, Composition, and Independence of
                                                                         the Board of Directors’

Jumlah dan Komposisi                                                     Number and Composition
Anggota Direksi Bank minimal berjumlah 3 (tiga) orang, yang              The Board of Directors of the Bank shall at least consists of 3
terdiri dari seorang Direktur Utama dan 2 (dua) orang Direktur.          (three) members, consisting of President Director and 2 (two)
Masa jabatan Direksi adalah 3 (tiga) tahun sejak diangkat dalam          Directors. The term of office of the Board of Directors is 3 (three)
RUPS dengan tidak mengurangi hak RUPS untuk memberhentikan               years effective from the appointment in the GMS, without
Direksi sewaktu-waktu dengan memperhatikan ketentuan                     prejudice to the GMS’ right to dismiss the Board of Directors at
Anggaran Dasar. Pada tahun 2023, jumlah dan komposisi Direksi            any given time with due observance of the Articles of Association.
Bank Victoria sebagai berikut:                                           In 2023, the number and composition of Bank Victoria’s Board of
                                                                         Directors were as follows:




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           Nama                              Jabatan                             Dasar Hukum Pengangkatan dan Masa Jabatan
           Name                              Position                            Legal Basis of Appointment and Term of Office

 Achmad Friscantono     Direktur Utama                                    Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                        President Director                                Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Rusli                  Wakil Direktur Utama                              Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                        Deputy President Director                         Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Lembing                Direktur                                          Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                        Director                                          Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Debora Wahjutirto      Direktur                                          Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
 Tanoyo                 Director                                          Annual GMS Resolution dated 3 June 2022 (2022-2025).

 Tamunan                Direktur Kepatuhan dan Manajemen Risiko           Keputusan RUPS Tahunan tanggal 3 Juni 2022 (2022-2025).
                        Director of Compliance and Risk Management        Annual GMS Resolution dated 3 June 2022 (2022-2025).



Independensi                                                             Independence
Bank menjamin independensi seluruh anggota Direksi dalam                 The Bank guarantees the independence of all members of Board
menjalankan tugas dan tanggung jawabnya. Direksi juga                    of Directors in performing their duties and responsibilities.
senantiasa bersikap profesional untuk memberikan kontribusi              The Board of Directors also always behaves professionally to
bagi kemajuan Bank.                                                      contribute to the progress of the Bank.



Penilaian Kemampuan dan Kepatutan Direksi                                Fit and Proper Test for the Board of Directors

Sebagaimana disyaratkan dalam Peraturan Otoritas Jasa                    As required in Financial Services Authority Regulation
Keuangan No. 27/POJK.03/2016 tentang Penilaian Kemampuan                 No. 27/POJK.03/2016 on Fit and Proper Test for Key Parties
dan Kepatutan bagi Pihak Utama Lembaga Jasa Keuangan, calon              of Financial Services Institutions, candidates for the Board of
anggota Direksi wajib memperoleh persetujuan dari Otoritas               Directors are required to obtain approval from the Financial
Jasa Keuangan sebelum menjalankan tugasnya. Pada tahun                   Services Authority before performing their duties. In 2023,
2023, seluruh anggota Direksi Bank telah memenuhi seluruh                all members of the Bank’s Board of Directors fulfilled all
persyaratan dan telah lulus uji penilaian kemampuan dan                  requirements and passed the fit and proper test for the key
kepatutan bagi pihak utama, sebagaimana dibuktikan dengan                parties, as proven by the decisions of the Financial Services
keputusan Otoritas Jasa Keuangan dan Bank Indonesia yang                 Authority and Bank Indonesia, mentioned in each member of the
disebutkan pada masing-masing profil anggota Direksi pada bab            Board of Directors’ profile in the Company Profile chapter.
Profil Perusahaan.



Rapat Direksi                                                            Board of Directors’ Meetings

Kebijakan Rapat Direksi                                                  Board of Directors’ Meeting Policy
Direksi minimal melaksanakan 1 (satu) kali rapat internal dalam          The Board of Directors holds at least 1 (one) internal meeting in
1 (satu) bulan dan minimal 1 (satu) kali dalam 4 (empat) bulan           1 (one) month and at least 1 (one) joint meeting every 4 (four)
rapat gabungan dengan Dewan Komisaris. Rapat Direksi dapat               months with the Board of Commissioners. The Board of Directors’
diselenggarakan apabila dihadiri secara fisik ataupun secara             meetings can be held if attended in person or via teleconference
telekonferensi oleh ½ bagian atau lebih dari jumlah anggota              by ½ or more members of the Board of Directors.
Direksi.




                                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   179
Page 182
         Tata Kelola Perusahaan
         Good Corporate Governance




Frekuensi Kehadiran Rapat Direksi                                          Board of Directors’ Frequency of Attendance in
                                                                           Meetings
Selama tahun 2023, frekuensi kehadiran Direksi dalam rapat                 Throughout 2023, the Board of Directors’ frequency of
ditunjukkan sebagai berikut:                                               attendance at meetings is shown as follows:


                                                                                                      Rapat Gabungan dengan Dewan
                                                           Rapat Internal Direksi                              Komisaris
                                                     Board of Directors Internal Meeting               Joint Meeting with Board of
                                                                                                             Commissioners
            Nama                  Jabatan
            Name                  Position                                          Tingkat                                      Tingkat
                                                      Total         Total                          Total           Total
                                                                                   Kehadiran                                    Kehadiran
                                                      Rapat       Kehadiran                        Rapat         Kehadiran
                                                                                  Attendance                                   Attendance
                                                      Total         Total                          Total           Total
                                                                                     Rate                                         Rate
                                                     Meetings     Meetings                        Meetings       Meetings
                                                                                      (%)                                          (%)

 Achmad Friscantono         Direktur Utama
                                                        52            51             98.08            13             13             100.00
                            President Director

 Rusli                      Wakil Direktur Utama
                            Deputy President            52            48             92.31            13             13             100.00
                            Director

 Lembing                    Direktur
                                                        52            45             86.54            13             12              92.31
                            Director

 Debora Wahjutirto Tanoyo   Direktur
                                                        52            49             94.23            13             13             100.00
                            Director

 Tamunan                    Direktur     Kepatuhan
                            dan Manajemen Risiko
                                                        52            48             92.31            13             13             100.00
                            Director of Compliance
                            and Risk Management



Kehadiran Direksi dalam RUPS dapat dilihat pada bagian Rapat               The attendance of the Board of Directors at GMS can be seen in
Umum Pemegang Saham.                                                       the General Meeting of Shareholders section.


Agenda Rapat Internal Direksi                                              Agenda of Board of Directors’ Internal Meeting
Agenda yang dibahas dalam rapat internal Direksi khususnya                 The agenda discussed in the internal meeting of Board of Directors
terkait kinerja kredit, proyeksi Non Performing Loan (NPL), kinerja        is specifically related to credit performance, Non-Performing Loan
keuangan, paparan Direktorat, Aset yang Diambil Alih (AYDA) dan            (NPL) projections, financial performance, Directorate presentation,
write off, makroekonomi dan penginian faktor rentabilitas dan              Foreclosed Assets (AYDA) and write off, macroeconomics and
faktor permodalan, revisi Rencana Bisnis Bank 2023-2025, dan               updates of profitability factor and capital factor, revision of Bank
proyeksi kinerja kredit.                                                   Business Plan 2023-2025, and credit performance projections.


Agenda Rapat Gabungan dengan Dewan                                         Agenda of Joint Meeting with Board of
Komisaris                                                                  Commissioners
Agenda yang dibahas dalam rapat gabungan dengan Dewan                      The agenda discussed in the joint meeting with the Board of
Komisaris dapat dilihat pada bagian Rapat Dewan Komisaris.                 Commissioners can be seen in the Board of Commissioners’
                                                                           Meetings section.



Persetujuan dan Rekomendasi Direksi                                        Board of Directors’ Approvals and
                                                                           Recommendations

Pada tahun 2023, Direksi telah mengeluarkan 149 persetujuan dan            In 2023, the Board of Directors issued 149 approvals and
rekomendasi sebagai upaya perbaikan kinerja, seperti Kebijakan             recommendations to improve its performance, such as Regulatory
Hierarki Peraturan, Kebijakan Kepatuhan, SOP Kepatuhan,                    Hierarchy Policy, Compliance Policy, Compliance SOP, Access
SOP Access Control and Security (ACS), Komite Pengadaan                    Control and Security (ACS) SOP, the Procurement Committee of
PT Bank Victoria International Tbk, dan lain sebagainya.                   PT Bank Victoria International Tbk, and so on.




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Sertifikasi Manajemen Risiko Direksi                                   Board of Directors’ Risk Management
                                                                       Certification

Berdasarkan Peraturan Otoritas Jasa Keuangan No. 24 Tahun 2022         Based on Bank Indonesia Regulation No. 24 of 2022 concerning
tentang Pengembangan Kualitas Sumber Daya Manusia Bank                 Development of the Quality of Human Resources for Commercial
Umum, salah satu syarat umum dan standardisasi kompetensi              Banks, one of the general requirements and standardization of
serta keahlian manajemen Bank adalah dengan dimilikinya                competence and expertise of Bank management is to have risk
sertifikasi manajemen risiko. Terkait hal tersebut, Direksi Bank       management certification. As such, Bank Victoria’s Board of
Victoria telah mengikuti sertifikasi manajemen risiko yang dapat       Directors has attended the risk management certification which
dilihat pada masing-masing profil anggota Direksi pada bab Profil      can be seen in profile of each Board of Directors’ member in the
Perusahaan.                                                            Company Profile chapter.




Rangkap Jabatan Dewan Komisaris dan Direksi
Concurrent Positions of the Board of Commissioners and
Board of Directors

Sesuai Peraturan Otoritas Jasa Keuangan No. 17 Tahun 2023              Pursuant to Financial Services Authority Regulation No. 17 of 2023
tentang Penerapan Tata Kelola bagi Bank Umum, Dewan                    on Implementation of Governance for Commercial Banks, the Board
Komisaris dan Direksi Bank dilarang merangkap jabatan yang             of Commissioners and Board of Directors of Banks are prohibited
diuraikan sebagai berikut:                                             from holding concurrent position as described as follows:
1. Dewan Komisaris merangkap jabatan sebagai anggota                   1. The Board of Commissioners holds concurrent position as
    Dewan Komisaris, anggota Direksi, anggota Dewan Pengawas               members of Board of Commissioners, members of Board of
    Syariah, atau Pejabat Eksekutif pada lembaga keuangan atau             Directors, members of Sharia Supervisory Board, or Executive
    perusahaan keuangan baik bank maupun bukan bank;                       Officers in financial institutions or financial companies,
                                                                           either banks and non-banks;
2. Dewan Komisaris dilarang merangkap jabatan sebagai                  2. The Board of Commissioners is prohibited from holding
   anggota Dewan Komisaris, anggota Direksi, anggota Dewan                 concurrent position as members of Board of Commissioners,
   Pengawas Syariah, atau Pejabat Eksekutif pada lebih dari 1              members of Board of Directors, members of Sharia
   (satu) lembaga atau perusahaan bukan keuangan, baik yang                Supervisory Board, or Executive Officers in more than 1 (one)
   berkedudukan di dalam maupun di luar negeri;                            non-financial institution or company, either domiciled within
                                                                           or outside the country;
3. Direksi merangkap jabatan sebagai anggota Dewan Komisaris,          3. The Board of Directors holds concurrent position as members
   anggota Direksi, anggota Dewan Pengawas Syariah, atau                   of Board of Commissioners, members of Board of Directors,
   Pejabat Eksekutif pada bank, perusahaan, dan/atau lembaga               members of Sharia Supervisory Board, or Executive Officers
   lain;                                                                   at other banks, companies, and/or other institutions;
4. Dewan Komisaris dan Direksi merangkap jabatan pada bidang           4. The Board of Commissioners and Board of Directors hold
   tugas fungsional pada lembaga keuangan bank dan/atau                    concurrent position in the field of functional duties at bank
   lembaga keuangan bukan bank yang berkedudukan di dalam                  financial institutions and/or non-bank financial institutions
   maupun di luar negeri;                                                  domiciled within or outside the country;
5. Dewan Komisaris dan Direksi merangkap jabatan pada                  5. The Board of Commissioners and Board of Directors hold
   jabatan lain yang dapat menimbulkan benturan kepentingan                concurrent position in other positions that can cause
   dalam pelaksanaan tugas sebagai anggota Dewan Komisaris                 conflicts of interest in performing their duties as members of
   atau Direksi;                                                           Board of Commissioners or Board of Directors;
6. Dewan Komisaris dan Direksi merangkap jabatan pada                  6. The Board of Commissioners and Board of Directors hold
   jabatan lain sesuai dengan ketentuan peraturan perundang-               concurrent position in other positions in accordance with the
   undangan; dan                                                           provisions of the laws and regulations; and
7. Komisaris Independen dilarang merangkap jabatan sebagai             7. Independent Commissioners are prohibited from holding
   pejabat publik.                                                         concurrent position as public officials.


Informasi rangkap jabatan yang dimiliki anggota Dewan Komisaris        Information on concurrent positions held by members of Board of
dan Direksi Bank dapat dilihat pada bagian Profil Dewan Komisaris      Commissioners and Board of Directors at the Bank can be seen in the
dan Direksi.                                                           Profile section of the Board of Commissioners and Board of Directors.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Penilaian Kinerja Dewan Komisaris, Direksi, Komite
Pendukung Dewan Komisaris, serta Komite dan
Organ Pendukung Direksi
Performance Assessment of the Board of Commissioners,
Board of Directors, Board of Commissioners’ Supporting
Committees, and Board of Directors’ Committees and
Supporting Organs

Penilaian Kinerja Dewan Komisaris                                          Board of Commissioners’ Performance
                                                                           Asssessment

Prosedur Pelaksanaan Penilaian Kinerja Dewan                               Procedures for the Board of Commissioners’
Komisaris                                                                  Performance Assessment
Penilaian terhadap kinerja Dewan Komisaris dilakukan secara                The Board of Commissioners’ performance is assessed regularly
rutin setiap tahun dibantu oleh Komite Nominasi dan Remunerasi             every year, assisted by the Nomination and Remuneration Committee
melalui sistem penilaian sendiri dan peer evaluation. Pelaksanaan          through self-assessment system and peer evaluation. The Board of
penilaian sendiri Dewan Komisaris mengacu pada Peraturan                   Commissioners’ self-assessment refers to the Financial Services
Otoritas Jasa Keuangan tentang Penerapan Tata Kelola bagi                  Authority regulation on Implementation of Governance for
Bank Umum. Sedangkan, penilaian peer evaluation dilakukan                  Commercial Banks. Whereas, peer evaluation is conducted by each
oleh setiap anggota Dewan Komisaris terhadap anggota Dewan                 member of the Board of Commissioners against other members of
Komisaris lainnya berdasarkan bidang pengawasan dan pekerjaan              the Board of Commissioners based on the respective supervision
masing-masing Dewan Komisaris. Selanjutnya, hasil penilaian                areas and work of the Board of Commissioners. The Board of
Dewan Komisaris disampaikan melalui Komite Nominasi dan                    Commissioners’ assessment results are then submitted through the
Remunerasi kepada Pemegang Saham sebelum pelaksanaan                       Nomination and Remuneration Committee to Shareholders prior to
RUPS Tahunan.                                                              the implementation of the Annual GMS.


                                   Pihak yang Melakukan Penilaian Kinerja Dewan Komisaris
                                  Party Assessing the Board of Commissioners’ Performance

                      Penilaian Sendiri
                      Self-Assessment
                      Penilaian sendiri Dewan Komisaris dikoordinir oleh Divisi Compliance & System Procedure dan dilaporkan kepada Dewan
                      Komisaris melalui Komite Nominasi dan Remunerasi.
                      The Board of Commissioners’ self-assessment is coordinated by the Compliance & System Procedure Division and reported to
                      the Board of Commissioners through the Nomination and Remuneration Committee.


                      Peer Evaluation
                      Pelaksanaan penilaian peer evaluation dilakukan oleh setiap anggota Dewan Komisaris terhadap anggota Dewan Komisaris
                      lainnya.
                      The peer evaluation assessment is conducted by each member of the Board of Commissioners against other members of the
                      Board of Commissioners.




Kriteria Penilaian Kinerja Dewan Komisaris                                 Criteria for Assessing the Board of
                                                                           Commissioners’ Performance
Kriteria penilaian terhadap kinerja Dewan Komisaris ditetapkan             The criteria for assessing the Board of Commissioners’
untuk menilai kinerja Dewan Komisaris baik secara kolegial                 performance are established to assess the Board of
maupun secara individu. Adapun kriteria penilaian mencakup                 Commissioners’ performance collegially and individually. The
hal-hal berikut:                                                           assessment criteria include the following matters:




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                                                                    Penilaian Sendiri
                                                                    Self-Assessment
 Kriteria terkait penilaian sendiri Dewan Komisaris mencakup 16 (enam           Criteria related to the Board of Commissioners’ self-assessment include
 belas) indikator governance structure, 17 (tujuh belas) indikator governance   16 (sixteen) governance structure indicators, 17 (seventeen) governance process
 process, dan 6 (enam) indikator governance outcome sebagaimana                 indicators, and 6 (six) governance outcome indicators as stipulated in Attachment
 diatur dalam Lampiran III Surat Edaran Otoritas Jasa Keuangan                  III to the Financial Services Authority Circular No. 13/SEOJK.03/2017 on
 No. 13/SEOJK.03/2017 tentang Penerapan Tata Kelola bagi Bank Umum.             Implementation of Governance for Commercial Banks.

                                                                    Peer Evaluation
 1. Kehadiran dalam rapat internal Dewan Komisaris, rapat gabungan Dewan        1. Attendance at internal meetings of the Board of Commissioners, joint
    Komisaris bersama Direksi, rapat Dewan Komisaris dengan Pemegang               meetings of the Board of Commissioners and the Board of Directors,
    Saham, dan rapat Dewan Komisaris atau Komite dengan Unit Kerja Bank;           meetings between the Board of Commissioners and Shareholders, and
                                                                                   meetings between the Board of Commissioners or Committee with the
                                                                                   Bank’s Work Units;
 2. Integritas (misalnya benturan kepentingan yang muncul);                     2. Integrity (for example conflicts of interest that arise);
 3. Pengetahuan dan pemahaman atas nilai-nilai misi, rencana jangka             3. Knowledge and understanding of the values of the mission, the Bank’s
    panjang Bank, dan refleksi pemahaman ini kepada isu-isu penting                long-term plan, and the reflection of this understanding on important
    sepanjang tahun;                                                               issues throughout the year;
 4. Kemampuan untuk menyampaikan, memberikan argumentasi, dan                   4. Ability to convey, provide arguments and solutions regarding the Bank’s
    memberikan solusi mengenai isu-isu strategis Bank;                             strategic issues;
 5. Kemampuan dalam mengikuti isu-isu dan tren yang berpengaruh                 5. Ability to follow issues and trends that affect the Bank and use this
    terhadap Bank dan menggunakan informasi tersebut untuk menilai dan             information to assess and direct the Bank’s performance, not only from
    mengarahkan kinerja Bank, bukan hanya dari tahun ke tahun, akan tetapi         year to year, but also in the long-term; and
    juga dalam jangka panjang; serta
 6. Hubungan anggota Dewan Komisaris dengan sesama anggota Dewan                6. The relationship between member of the Board of Commissioners
    Komisaris lainnya, dengan Direksi, dan pihak-pihak lain yang diatur            and fellow members of the Board of Commissioners, and the Board of
    dalam Anggaran Dasar dan peraturan perundang-undangan.                         Directors and other parties as regulated in the Articles of Association
                                                                                   and laws and regulations.



Hasil Penilaian Kinerja Dewan Komisaris                                           The Board of Commissioners’ Performance
                                                                                  Assessment Results
Hasil evaluasi terhadap kinerja Dewan Komisaris secara                            The Board of Commissioners’ performance assessment
keseluruhan dan kinerja masing-masing anggota Dewan                               results collegially and individually are an integral part of the
Komisaris secara individu merupakan bagian tak terpisahkan                        compensation/incentive scheme for the Board of Commissioners
dalam skema kompensasi/pemberian insentif bagi Dewan                              and the basis for consideration for Shareholders to dismiss and/or
Komisaris dan dasar pertimbangan bagi Pemegang Saham untuk                        reappoint the relevant member of the Board of Commissioners.
memberhentikan dan/atau menunjuk kembali Dewan Komisaris                          Information on the Board of Commissioners’ performance
yang bersangkutan. Informasi terkait hasil penilaian kinerja                      assessment results for 2023 is described as follows:
Dewan Komisaris pada tahun 2023 diuraikan sebagai berikut:


                         Penilaian Sendiri
                         Self-Assessment
                         Pada tahun 2023, hasil penilaian sendiri Dewan Komisaris memperoleh nilai komposit “1 (satu)” dengan kategori “Sangat
                         Baik”.
                         In 2023, the Board of Commissioners’ self-assessment results obtained a composite score of “1 (one)” under the category of
                         “Very Good”.


                         Peer Evaluation
                         Pada tahun 2023, hasil penilaian peer evaluation pelaksanaan tugas Dewan Komisaris memperoleh nilai komposit “1 (satu)”
                         dengan kategori “Sangat Baik”.
                         In 2023, the peer evaluation results of the implementation of Board of Commissioners’ duties obtained a composite score of
                         “1 (one)” under the category of “Very Good”.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Penilaian Kinerja Direksi                                                       Board of Directors’ Performance Asssessment

Prosedur Pelaksanaan Penilaian Kinerja Direksi                                  Procedures for the Board of Directors’
                                                                                Performance Assessment
Sebagai bentuk pengukuran atas pencapaian target kinerja yang                   As a form of measuring the achievement of performance targets
telah dilaksanakan oleh Direksi, maka perlu dilakukan penilaian                 carried out by the Board of Directors, it is necessary to assess the
terhadap Direksi secara kolektif maupun masing-masing anggota                   Board of Directors collectively and individually at least 1 (one) time
Direksi paling sedikit 1 (satu) kali dalam 1 (satu) tahun. Penilaian            in 1 (one) year. The Board of Directors is assessed through 2 (two)
Direksi dilakukan melalui 2 (dua) metode, yaitu penilaian sendiri               methods, which are self-assessment and assessment by the Board
dan penilaian oleh Dewan Komisaris. Penilaian sendiri dilakukan                 of Commissioners. The self-assessment is carried out in reference to
mengacu pada Peraturan Otoritas Jasa Keuangan tentang                           the Financial Services Authority Regulation on the Implementation
Penerapan Tata Kelola bagi Bank Umum, di mana Bank wajib                        of Governance for Commercial Banks, in which the Bank is required
melaksanakan penilaian sendiri implementasi GCG dengan salah                    to conduct a self-assessment of GCG implementation with one of
satu faktor penilaian adalah pelaksanaan tugas dan tanggung                     the assessment factors being the implementation of the Board
jawab Direksi. Sedangkan, penilaian kinerja Direksi oleh Dewan                  of Directors’ duties and responsibilities. Whereas, the Board of
Komisaris sebagai berikut:                                                      Directors’ performance assessment conducted by the Board of
                                                                                Commissioners is as follows:
1. Direksi menyusun Key Performace Indicator (KPI) yang                         1. The Board of Directors prepares Key Performance Indicator
   memuat rencana kerja, sasaran atau target yang akan dicapai                       (KPI) that includes work plan, objectives, or goals to be
   dalam 1 (satu) tahun maupun triwulan;                                             achieved within 1 (one) year and quarterly;
2. Penilaian kinerja Direksi dilaksanakan oleh Dewan Komisaris,                 2. The Board of Directors’ performance is assessed by the Board
   namun Direktur Utama dapat menilai Direksi lainnya;                               of Commissioners, but the President Director can assess
                                                                                     other Directors;
3. Direksi melaporkan realisasi pencapaian target masing-                       3. The Board of Directors reports the realization of target
   masing KPI dalam laporan triwulan dan Laporan Tahunan                             achievement for each KPI in the quarterly report and Annual
   kepada Dewan Komisaris, baik secara individu maupun                               Report to the Board of Commissioners, whether individually
   kolektif untuk dievaluasi; serta                                                  or collectively, to be evaluated; and
4. Hasil evaluasi KPI Direksi oleh Dewan Komisaris menjadi                      4. The evaluation result of Board of Directors’ KPI by the Board
   bahan penilaian pertanggungjawaban Direksi dalam                                  of Commissioners becomes means in assessing the Board of
   pelaksanaan RUPS.                                                                 Directors’ accountability in the GMS.


                                          Pihak yang Melakukan Penilaian Kinerja Direksi
                                        Party Assessing the Board of Directors’ Performance

                       Penilaian Sendiri
                       Self-Assessment
                       Penilaian sendiri Direksi dikoordinir oleh Divisi Compliance & System Procedure dan dilaporkan kepada Dewan Komisaris dan Direksi.
                       The Board of Directors’ self-assessment is coordinated by the Compliance & System Procedure Division and reported to the Board
                       of Commissioners and Board of Directors.




                       Penilaian oleh Dewan Komisaris
                       Assessment by the Board of Commissioners
                       Penilaian dilakukan oleh Dewan Komisaris.
                       The assessment is conducted by the Board of Commissioners.




Kriteria Penilaian Kinerja Direksi                                              Criteria for Assessing the Board of Directors’
                                                                                Performance
Kriteria penilaian terhadap kinerja Direksi ditetapkan untuk                    The criteria for assessing the Board of Directors’ performance
menilai kinerja Direksi baik secara kolegial maupun secara                      are established to assess the Board of Directors’ performance
individu. Adapun kriteria penilaian mencakup hal-hal berikut:                   collegially and individually. The assessment criteria include the
                                                                                following matters:




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                                                                     Penilaian Sendiri
                                                                     Self-Assessment
 Kriteria terkait penilaian sendiri Direksi mencakup 16 (enam belas) indikator   Criteria related to the Board of Directors’ self-assessment include 16 (sixteen)
 governance structure, 14 (empat belas) indikator governance process, dan        governance structure indicators, 14 (fourteen) governance process indicators,
 10 (sepuluh) indikator governance outcome sebagaimana diatur dalam              and 10 (ten) governance outcome indicators as stipulated in Attachment
 Lampiran III Surat Edaran Otoritas Jasa Keuangan No. 13/SEOJK.03/2017           III to the Financial Services Authority Circular No. 13/SEOJK.03/2017 on
 tentang Penerapan Tata Kelola bagi Bank Umum.                                   Implementation of Governance for Commercial Banks.

                                                         Penilaian oleh Dewan Komisaris
                                                    Assessment by the Board of Commissioners
 1. Terlaksananya kepemimpinan (leadership), kerja sama (team work),             1. The implementation of good leadership, teamwork, communication and
    serta komunikasi dan kompetensi yang baik;                                      competency;
 2. Terlaksananya GCG dalam setiap kegiatan usaha Bank;                          2. The implementation of GCG in each of the Bank’s business activities;
 3. Terlaksananya pencapaian Rencana Bisnis Bank; dan                            3. The achievement of the Bank’s Business Plan; and
 4. Terlaksananya pengawasan atas tindak lanjut dari Direksi berdasarkan         4. The implementation of monitoring and follow-up from the Board of
    audit, rekomendasi SKAI, auditor eksternal, atau pengawasan Otoritas            Directors based on audit, recommendation of SKAI, external auditor, or
    Jasa Keuangan.                                                                  the Financial Services Authority’s supervision.



Hasil Penilaian Kinerja Direksi                                                    The Board of Directors’ Performance Assessment
                                                                                   Results
Hasil evaluasi terhadap kinerja Direksi merupakan bagian tak                       The Board of Directors’ performance assessment results are an
terpisahkan dalam skema kompensasi/pemberian insentif bagi                         integral part of the compensation/incentive scheme for the Board
Direksi dan dasar pertimbangan bagi Pemegang Saham untuk                           of Directors and the basis for consideration for Shareholders to
memberhentikan dan/atau menunjuk kembali Direksi yang                              dismiss and/or reappoint the relevant member of the Board of
bersangkutan. Informasi terkait hasil penilaian kinerja Direksi                    Directors. Information on the Board of Directors’ performance
pada tahun 2023 diuraikan sebagai berikut:                                         assessment results for 2023 is described as follows:


                         Penilaian Sendiri
                         Self-Assessment
                         Pada tahun 2023, hasil penilaian sendiri Direksi memperoleh nilai komposit “2 (dua)” dengan kategori “Baik”.
                         In 2023, the Board of Directors’ self-assessment results obtained a composite score of “2 (two)” under the category of “Good”.




                         Penilaian oleh Dewan Komisaris
                         Assessment by the Board of Commissioners
                         Pada tahun 2023, hasil penilaian kinerja Direksi oleh Dewan Komisaris memperoleh nilai komposit “2 (dua)” dengan kategori “Baik”.
                         In 2023, the Board of Directors’ performance assessment results by the Board of Commissioners obtained a composite score
                         of “2 (two)” under the category of “Good”.




Penilaian Kinerja Komite Pendukung Dewan                                           Performance Assessment of the Board of
Komisaris                                                                          Commissioners’ Supporting Committees

Prosedur Pelaksanaan Penilaian Kinerja Komite                                      Procedures for Performance Assessment of the
Pendukung Dewan Komisaris                                                          Board of Commissioners’ Supporting Committees
Dewan Komisaris senantiasa melakukan pengawasan dan evaluasi                       The Board of Commissioners conducts regular monitoring and
secara berkala atas kinerja Komite-Komite di bawah Dewan                           evaluation of the performance of Committees under the Board
Komisaris yang meliputi Komite Audit, Komite Pemantau Risiko,                      of Commissioners, which include the Audit Committee, Risk
serta Komite Nominasi dan Remunerasi. Penilaian tersebut                           Monitoring Committee, and Nomination and Remuneration
dilakukan secara individual maupun secara kolektif setiap 1                        Committee. The assessment is carried out individually or
(satu) tahun dengan menggunakan metode penilaian sendiri                           collectively every 1 (one) year by using the self-assessment
komite pendukung Dewan Komisaris dan penilaian kinerja oleh                        method for the Board of Commissioners’ supporting committees
Dewan Komisaris.                                                                   and performance assessment by the Board of Commissioners.




                                                               2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                   185
Page 188
      Tata Kelola Perusahaan
      Good Corporate Governance




                      Pihak yang Melakukan Penilaian Kinerja Komite Pendukung Dewan Komisaris
                Party Assessing the Performance of the Board of Commissioners’ Supporting Committees

                        Penilaian Sendiri
                        Self-Assessment
                        Penilaian dikoordinir oleh Divisi Compliance & System Procedure dan dilaporkan kepada Dewan Komisaris.
                        The assessment is coordinated by the Compliance & System Procedure Division and reported to the Board of Commissioners.




                        Penilaian oleh Dewan Komisaris
                        Assessment by the Board of Commissioners
                        Penilaian dilakukan oleh Dewan Komisaris.
                        The assessment is conducted by the Board of Commissioners.




Kriteria Penilaian Kinerja Komite Pendukung Dewan Komisaris
Criteria for Assessing the Performance of the Board of Commissioners’ Supporting Committees

                                                                   Penilaian Sendiri
                                                                   Self-Assessment
Penilaian sendiri Komite di bawah Dewan Komisaris dalam implementasi           The self-assessment of Committees under the Board of Commissioners in
GCG mencakup 10 (sepuluh) indikator governance structure, 7 (tujuh)            GCG implementation includes 10 (ten) governance structure indicators,
indikator governance process, dan 2 (dua) indikator governance outcome         7 (seven) governance process indicators, and 2 (two) governance outcome
sebagaimana diatur dalam Lampiran III Surat Edaran Otoritas Jasa               indicators as stipulated in Appendix III of the Financial Services Authority
Keuangan No. 13/SEOJK.03/2017 tentang Penerapan Tata Kelola Bagi               Circular No. 13/SEOJK.03/2017 on Implementation of Governance for
Bank Umum.                                                                     Commercial Banks.

                                                       Penilaian oleh Dewan Komisaris
                                                  Assessment by the Board of Commissioners
Kriteria penilaian dibuat secara umum dan diuraikan dengan penjelasan          Assessment criteria are made in general and are described with qualitative
secara kualitatif (penilaian tidak dalam angka/skala) yang mecangkup:          explanation (ratings are not in numbers/scales) which include:
1. Kehadiran dalam rapat Komite;                                               1. Attendance at Committee’s meetings;
2. Penguasaan materi yang akan dibahas;                                        2. Mastery of the material to be discussed;
3. Kesediaan menyediakan waktu dan upaya dalam memenuhi tugas dan              3. Willingness to provide time and efforts in fulfilling duties and
   tanggung jawab sebagai anggota Komite;                                         responsibilities as a Committee member;
4. Kesediaan berpartisipasi dalam kegiatan di luar kantor, seperti kunjungan   4. Willingness to participate in activities outside the office, such as visits to
   ke unit bisnis;                                                                business units;
5. Kualitas dan saran yang diberikan dalam rapat-rapat;                        5. Quality and advice given in meetings;
6. Terlaksananya pemantauan dan evaluasi, baik secara berkala maupun           6. Implementation of monitoring and evaluation, both periodically
   tahunan, atas hal-hal yang menjadi bidang tugas dan tanggung jawab             and annually, on matters that are the respective areas of duties and
   masing-masing komite;                                                          responsibilities of each committee;
7. Pemantauan dan koreksi penyimpangan; serta                                  7. Monitoring and correction of deviation; and
8. Terlaksananya pemantauan dan evaluasi terhadap divisi/unit yang             8. Implementation of monitoring and evaluation of divisions/units related
   terkait dengan bidang tugas dan tanggung jawab masing-masing komite.           to the respective areas of duties and responsibilities of each committee.



Hasil Penilaian Kinerja Komite Pendukung Dewan Komisaris
Performance Assessment Results of the Board of Commissioners’ Supporting Committees

                                                                   Penilaian Sendiri
                                                                   Self-Assessment
Pada tahun 2023, hasil penilaian sendiri pelaksanaan tugas dan tanggung        In 2023, the self-assessment results of the implementation of duties and
jawab Komite pendukung Dewan Komisaris berada pada kategori “Baik”.            responsibilities of the Board of Commissioners’ supporting committees
                                                                               were under the category of “Good”.

                                                       Penilaian oleh Dewan Komisaris
                                                  Assessment by the Board of Commissioners
Komite Audit:                                                                  Audit Committee:
Dewan Komisaris menilai Komite Audit telah berhasil menjalankan                The Board of Commissioners evaluated that the Audit Committee managed
tugasnya secara efektif selama tahun 2023. Komite Audit telah memantau,        to perform its duties effectively in 2023. The Audit Committee monitored,
mengevaluasi perencanaan dan pelaksanaan audit, serta melakukan                evaluated the planning and implementation of audits, and monitored the
pemantauan terhadap tindak lanjut yang dilakukan oleh Direksi terkait          follow-up actions taken by the Board of Directors on the fulfillment of
pemenuhan komitmen hasil temuan dari pemeriksaan internal dan eksternal.       commitments resulting from internal and external audit findings.




186       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 189
 Komite Pemantau Risiko:                                                        Risk Monitoring Committee:
 Dewan Komisaris menyimpulkan bahwa kinerja Komite Pemantau Risiko              The Board of Commissioners concluded that the Risk Monitoring
 pada tahun 2023 dinilai efektif. Komite Pemantau Risiko telah membantu         Committee’s performance in 2023 was considered effective. The Risk
 Dewan Komisaris dalam mengevaluasi dan mengkaji aspek-aspek yang               Monitoring Committee assisted the Board of Commissioners in evaluating
 terkait dengan risiko, sekaligus memberikan arahan dan saran untuk             and reviewing aspects related to risk, and provided direction and advice in
 pengembangan manajemen risiko di Bank.                                         developing risk management at the Bank.

 Komite Nominasi dan Remunerasi:                                                Nomination and Remuneration Committee:
 Dewan Komisaris menilai bahwa Komite Nominasi dan Remunerasi berhasil          The Board of Commissioners evaluated that the Nomination and
 menjalankan tugas dan tanggung jawabnya secara efektif pada tahun 2023.        Remuneration Committee managed to perform its duties and responsibilities
 Komite Nominasi dan Remunerasi telah memberikan kontribusi positif             effectively in 2023. The Nomination and Remuneration Committee made a
 dengan memberikan usulan terkait sistem dan kebijakan remunerasi yang          positive contribution by providing recommendations regarding appropriate
 sesuai untuk Dewan Komisaris dan Direksi. Selain itu, Komite Nominasi dan      remuneration system and policy for the Board of Commissioners and Board
 Remunerasi juga memberikan rekomendasi terkait calon anggota Dewan             of Directors. In addition, the Nomination and Remuneration Committee
 Komisaris, Direksi, dan pihak independen yang dapat menjadi anggota            also provided recommendations regarding candidates for the Board of
 Komite kepada Dewan Komisaris.                                                 Commissioners, Board of Directors, and independent party who may
                                                                                become a Committee member to the Board of Commissioners.




Penilaian Kinerja Komite dan Organ                                                Performance Assessment of the Board of
Pendukung Direksi                                                                 Directors’ Supporting Committees and Organs

Prosedur dan Pihak yang Melakukan Penilaian                                       Procedures and Party Assessing the Performance
Kinerja Komite dan Organ Pendukung Direksi                                        of the Board of Directors’ Supporting
                                                                                  Committees and Organs
Penilaian kinerja Komite di bawah Direksi dievaluasi secara                       Performance of the Committees under the Board of Directors
individual maupun secara kolektif setiap 1 (satu) tahun dengan                    is evaluated both individually and collectively once every year
menggunakan metode evaluasi dalam suatu sistem yang                               by using evaluation method in a system established under the
ditetapkan dalam keputusan Direksi. Penilaian kinerja tersebut                    Board of Directors’ decision. Such performance assessment is
dilakukan oleh Direksi.                                                           conducted by the Board of Directors.


Kriteria dan Hasil Penilaian Kinerja Komite dan Organ Pendukung Direksi
Performance Assessment Criteria and Results of the Board of Directors’ Supporting Committees and Organs
                                        Kriteria Penilaian Komite dan Organ Pendukung Direksi
                            Assessment Criteria of the Board of Directors’ Supporting Committees and Organs
 1. Kehadiran dalam rapat Komite;                                               1. Attendance at Committee’s meetings;
 2. Penguasaan materi yang akan dibahas;                                        2. Mastery of the material to be discussed;
 3. Kesediaan menyediakan waktu dan upaya dalam memenuhi tugas dan              3. Willingness to allocate time and efforts in fulfilling duties and
    tanggung jawab sebagai anggota Komite;                                         responsibilities as Committee member;
 4. Kesediaan berpartisipasi dalam kegiatan di luar kantor, seperti kunjungan   4. Willingness to participate in activities outside the office, such as visits to
    ke unit bisnis;                                                                business units;
 5. Kualitas dan saran yang diberikan dalam rapat-rapat;                        5. Quality and advice given in the meetings;
 6. Terlaksananya pemantauan dan evaluasi, baik secara berkala maupun           6. Implementation of monitoring and evaluation, whether periodically
    tahunan, atas hal-hal yang menjadi bidang tugas dan tanggung jawab             or annually, on matters that are the respective areas of duties and
    masing-masing Komite;                                                          responsibilities of each Committee;
 7. Pemantauan dan koreksi penyimpangan; serta                                  7. Monitoring and correction of deviations; and
 8. Terlaksananya pemantauan dan evaluasi terhadap divisi/unit yang terkait     8. Implementation of monitoring and evaluation of divisions/units related
    dengan bidang tugas dan tanggung jawab masing-masing Komite.                   to the respective areas of duties and responsibilities of each Committee.

                                    Hasil Penilaian Kinerja Komite dan Organ Pendukung Direksi
                    Performance Assessment Results of the Board of Directors’ Supporting Committees and Organs
 Direksi menilai bahwa selama tahun 2023, komite dan organ pendukung            The Board of Directors considered that throughout 2023, the Board of
 Direksi telah berhasil melaksanakan tugas dan tanggung jawabnya secara         Directors’ supporting committees and organs managed to perform their
 optimal. Penilaian ini didasarkan pada laporan berkala, masukan, dan           duties and responsibilities optimally. This assessment is based on periodic
 rekomendasi yang sesuai dengan lingkup tugas Direksi, serta penerapan          reports, input and recommendations that are in accordance with the
 tugas dan tanggung jawab masing-masing yang sejalan dengan strategi dan        scope of the Board of Directors’ duties, and the implementation of their
 Rencana Bisnis Bank pada tahun 2023.                                           respective duties and responsibilities in line with the Bank’s strategy and
                                                                                Business Plan for 2023.




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                     187
Page 190
      Tata Kelola Perusahaan
      Good Corporate Governance




Pelatihan dan/atau Peningkatan Kompetensi
Dewan Komisaris dan Direksi
Training and/or Competency Development for the
Board of Commissioners and Board of Directors

Kebijakan Pelatihan dan/atau Peningkatan                                        Policy on Training and/or Competency
Kompetensi Dewan Komisaris dan Direksi                                          Development for the Board of Commissioners
                                                                                and Board of Directors

Kebijakan di seluruh level organisasi Bank, setiap karyawan                     The policy at all levels of the Bank’s organization is that every
memiliki kesempatan yang setara dalam dalam mendapatkan                         employee has equal opportunities to receive education and training.
pendidikan dan pelatihan. Selain itu, program pelatihan dan/atau                In addition, training and/or competency development programs of
peningkatan kompetensi Dewan Komisaris dan Direksi diperlukan                   the Board of Commissioners and Board of Directors are needed so
agar anggota Dewan Komisaris dan Direksi dapat senantiasa                       that members of the Board of Commissioners and Board of Directors
memperbarui informasi terkait perkembangan industri perbankan                   can always update information related to the latest developments in
terkini dan peraturan perundang-undangan yang berlaku sebagai                   banking industry and the applicable laws and regulations as a form
bentuk antisipasi atas masalah yang timbul di kemudian hari                     of anticipation of problems arising in the future that may affect the
bagi keberlangsungan dan kemajuan Bank. Selama tahun 2023,                      Bank’s sustainability and progress. Throughout 2023, the Board of
Dewan Komisaris dan Direksi Bank telah mengikuti pelatihan                      Commissioners and Board of Directors of the Bank attended training
dan/atau peningkatan kompetensi sebagai berikut:                                and/or competency developments as follows:


    Nama dan
     Jabatan                                                      Materi Pelatihan dan Penyelenggara
    Name and                                                       Training Materials and Organizers
     Position
 DEWAN KOMISARIS / BOARD OF COMMISSIONERS
 Zaenal Abidin, Ph.D   1. Outlook Banking Regulation: Tantangan Industri Perbankan,      1. Outlook Banking Regulation: Challenges in Banking Industry,
 Komisaris Utama          Arah Regulasi, dan Future Banking (oleh Lembaga                   Regulatory Direction, and Future Banking (by Indonesian
 Independen               Pengembangan Perbankan Indonesia);                                Banking Development Institution);
 Independent           2. Expert Sharing Session - Keuangan Berkelanjutan (oleh          2. Expert Sharing Session - Sustainable Finance (by Otoritas
 President                Otoritas Jasa Keuangan Institute);                                Jasa Keuangan Institute);
 Commissioner          3. Governance, Risk, and Compliance (oleh Bank Victoria);         3. Governance, Risk, and Compliance (by Bank Victoria);
                       4. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank        4. Shaping a Trustworthy Individual (by Bank Victoria);
                          Victoria);
                       5. Philosophy that Flows in My Soul (oleh Bank Victoria); dan     5. Philosophy that Flows in My Soul (by Bank Victoria); and
                       6. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro   6. Risk Management Certification Refreshment (by PT Efektifpro
                          Knowledge Source).                                                Knowledge Source).
 Gunawan               1. Outlook Banking Regulation: Tantangan Industri Perbankan,      1. Outlook Banking Regulation: Challenges in Banking Industry,
 Tenggarahardja           Arah Regulasi, dan Future Banking (oleh Lembaga                   Regulatory Direction, and Future Banking (by Indonesian
 Komisaris/               Pengembangan Perbankan Indonesia);                                Banking Development Institution);
 Komisaris             2. Expert Sharing Session - Keuangan Berkelanjutan (oleh          2. Expert Sharing Session - Sustainable Finance (by Otoritas
 Independen               Otoritas Jasa Keuangan Institute);                                Jasa Keuangan Institute);
 Commissioner/         3. Governance, Risk, and Compliance (oleh Bank Victoria);         3. Governance, Risk, and Compliance (by Bank Victoria);
 Independent           4. Managing Environmental, Social and Governance Risks and        4. Managing Environmental, Social and Governance Risks and
 Commissioner             Opportunities (oleh Otoritas Jasa Keuangan Institute);            Opportunities (by Otoritas Jasa Keuangan Institute);
                       5. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank        5. Shaping a Trustworthy Individual (by Bank Victoria);
                          Victoria);
                       6. Peluang Metaverse di Industri Jasa Keuangan (oleh Otoritas     6. Metaverse Opportunity in Financial Services Industry (by
                          Jasa Keuangan Institute);                                         Otoritas Jasa Keuangan Institute);
                       7. Philosophy that Flows in My Soul (oleh Bank Victoria); dan     7. Philosophy that Flows in My Soul (by Bank Victoria); and
                       8. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro   8. Risk Management Certification Refreshment (by PT Efektifpro
                          Knowledge Source).                                                Knowledge Source).




188        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 191
   Nama dan
    Jabatan                                                      Materi Pelatihan dan Penyelenggara
   Name and                                                       Training Materials and Organizers
    Position
Sia Leng Ho          1. Outlook Banking Regulation: Tantangan Industri Perbankan,        1. Outlook Banking Regulation: Challenges in Banking Industry,
Komisaris               Arah Regulasi, dan Future Banking (oleh Lembaga                     Regulatory Direction, and Future Banking (by Indonesian
Commissioner            Pengembangan Perbankan Indonesia);                                  Banking Development Institution);
                     2. Expert Sharing Session - Keuangan Berkelanjutan (oleh            2. Expert Sharing Session - Sustainable Finance (by Otoritas
                        Otoritas Jasa Keuangan Institute);                                  Jasa Keuangan Institute);
                     3. Governance, Risk, and Compliance (oleh Bank Victoria);           3. Governance, Risk, and Compliance (by Bank Victoria);
                     4. Managing Environmental, Social and Governance Risks and          4. Managing Environmental, Social and Governance Risks and
                        Opportunities (oleh Otoritas Jasa Keuangan Institute);              Opportunities (by Otoritas Jasa Keuangan Institute);
                     5. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          5. Shaping a Trustworthy Individual (by Bank Victoria);
                        Victoria);
                     6. Peluang Metaverse di Industri Jasa Keuangan (oleh Otoritas       6. Metaverse Opportunity in Financial Services Industry (by
                        Jasa Keuangan Institute);                                           Otoritas Jasa Keuangan Institute);
                     7. Philosophy that Flows in My Soul (oleh Bank Victoria);           7. Philosophy that Flows in My Soul (by Bank Victoria);
                     8. Refreshment Credit SME Segmentation (oleh Bank Victoria);        8. Refreshment Credit SME Segmentation (by Bank Victoria);
                        dan                                                                 and
                     9. Refreshment     Sertifikasi   Manajemen      Risiko    (oleh     9. Risk Management Certification Refreshment (by PT
                        PT Efektifpro Knowledge Source).                                    Efektifpro Knowledge Source).
DIREKSI / BOARD OF DIRECTORS
Achmad               1. Expert Sharing Session - Keuangan Berkelanjutan (oleh            1. Expert Sharing Session - Sustainable Finance (by Otoritas
Friscantono              Otoritas Jasa Keuangan Institute);                                 Jasa Keuangan Institute);
Direktur Utama       2. Governance, Risk, and Compliance (oleh Bank Victoria);           2. Governance, Risk, and Compliance (by Bank Victoria);
President Director   3. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          3. Shaping a Trustworthy Individual (by Bank Victoria);
                         Victoria);
                     4. Mini Town Hall (oleh Bank Victoria);                             4. Mini Town Hall (by Bank Victoria);
                     5. Outbond: Working Together in Harmony (oleh Bank Victoria);       5. Outbond: Working Together in Harmony (by Bank Victoria);
                     6. Outlook Banking Regulation: Tantangan Industri Perbankan,        6. Outlook Banking Regulation: Challenges in Banking Industry,
                         Arah Regulasi, dan Future Banking (oleh Lembaga                     Regulatory Direction, and Future Banking (by Indonesian
                         Pengembangan Perbankan Indonesia);                                  Banking Development Institution);
                     7. Philosophy that Flows in My Soul (oleh Bank Victoria);           7. Philosophy that Flows in My Soul (by Bank Victoria);
                     8. Refreshment Credit SME Segmentation (oleh Bank Victoria);        8. Refreshment Credit SME Segmentation (by Bank Victoria);
                     9. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro     9. Risk Management Certification Refreshment (by PT
                         Knowledge Source); dan                                              Efektifpro Knowledge Source); and
                     10. Refreshment Sertifikasi Treasury (oleh Association Cambiste     10. Treasury Certification Refreshment (by Association Cambiste
                         Internationale Financial Market Association Indonesia).             Internationale Financial Market Association Indonesia).
Rusli                1. Aspek Hukum dan Dokumen Pembukaan Rekening                       1. Legal Aspect and Documents for Opening a Corporate
Wakil Direktur           Perusahaan (oleh Bank Victoria);                                   Account (by Bank Victoria);
Utama                2. DEG South East Asia Client Forum 2023 “Shaping                   2. DEG South East Asia Client Forum 2023 “Shaping
Deputy President         Transformation” (oleh DEG South East Asia Client Forum);           Transformation” (by DEG South East Asia Client Forum);
Director             3. Expert Sharing Session - Keuangan Berkelanjutan (oleh            3. Expert Sharing Session - Sustainable Finance (by Otoritas
                         Otoritas Jasa Keuangan Institute);                                 Jasa Keuangan Institute);
                     4. Governance, Risk, and Compliance (oleh Bank Victoria);           4. Governance, Risk, and Compliance (by Bank Victoria);
                     5. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          5. Shaping a Trustworthy Individual (by Bank Victoria);
                         Victoria);
                     6. Mini Town Hall (oleh Bank Victoria);                             6. Mini Town Hall (by Bank Victoria);
                     7. Outbond: Together We Growth (oleh Bank Victoria);                7. Outbond: Together We Growth (by Bank Victoria);
                     8. Outbond: Together We Can Do More Great Things (oleh Bank         8. Outbond: Together We Can Do More Great Things (by Bank
                         Victoria);                                                          Victoria);
                     9. Outlook Banking Regulation: Tantangan Industri Perbankan,        9. Outlook Banking Regulation: Challenges in Banking Industry,
                         Arah Regulasi, dan Future Banking (oleh Lembaga                     Regulatory Direction, and Future Banking (by Indonesian
                         Pengembangan Perbankan Indonesia);                                  Banking Development Institution);
                     10. Philosophy that Flows in My Soul (oleh Bank Victoria);          10. Philosophy that Flows in My Soul (by Bank Victoria);
                     11. Refreshment Credit SME Segmentation (oleh Bank Victoria);       11. Refreshment Credit SME Segmentation (by Bank Victoria);
                     12. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro    12. Risk Management Certification Refreshment (by PT
                         Knowledge Source); dan                                              Efektifpro Knowledge Source); and
                     13. Undangan International Talks 2023 (oleh Bank Indonesia).        13. Invitation International Talks 2023 (by Bank Indonesia).
Lembing              1. Outlook Banking Regulation: Tantangan Industri Perbankan,        1. Outlook Banking Regulation: Challenges in Banking Industry,
Direktur                Arah Regulasi, dan Future Banking (oleh Lembaga                     Regulatory Direction, and Future Banking (by Indonesian
Director                Pengembangan Perbankan Indonesia);                                  Banking Development Institution);
                     2. Expert Sharing Session - Keuangan Berkelanjutan (oleh Otoritas   2. Expert Sharing Session - Sustainable Finance (by Otoritas
                        Jasa Keuangan Institute);                                           Jasa Keuangan Institute);
                     3. Governance, Risk, and Compliance (oleh Bank Victoria);           3. Governance, Risk, and Compliance (by Bank Victoria);
                     4. Managing Environmental, Social and Governance Risks and          4. Managing Environmental, Social and Governance Risks and
                        Opportunities (oleh Otoritas Jasa Keuangan Institute);              Opportunities (by Otoritas Jasa Keuangan Institute);
                     5. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          5. Shaping a Trustworthy Individual (by Bank Victoria);
                        Victoria);
                     6. Mini Town Hall (oleh Bank Victoria);                             6. Mini Town Hall (by Bank Victoria);
                     7. Philosophy that Flows in My Soul (oleh Bank Victoria);           7. Philosophy that Flows in My Soul (by Bank Victoria);
                     8. Refreshment Credit SME Segmentation (oleh Bank Victoria);        8. Refreshment Credit SME Segmentation (by Bank Victoria);
                        dan                                                                 dan
                     9. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro     9. Risk Management Certification Refreshment (by PT
                        Knowledge Source).                                                  Efektifpro Knowledge Source).




                                                            2023 Annual and Sustainability Report | PT Bank Victoria International Tbk             189
Page 192
      Tata Kelola Perusahaan
      Good Corporate Governance




   Nama dan
    Jabatan                                                     Materi Pelatihan dan Penyelenggara
   Name and                                                      Training Materials and Organizers
    Position
Debora Wahjutirto   1. Outlook Banking Regulation: Tantangan Industri Perbankan,        1. Outlook Banking Regulation: Challenges in Banking Industry,
Tanoyo                 Arah Regulasi, dan Future Banking (oleh Lembaga                     Regulatory Direction, and Future Banking (by Indonesian
Direktur               Pengembangan Perbankan Indonesia);                                  Banking Development Institution);
Director            2. Expert Sharing Session - Keuangan Berkelanjutan (oleh            2. Expert Sharing Session - Sustainable Finance (by Otoritas
                       Otoritas Jasa Keuangan Institute);                                  Jasa Keuangan Institute);
                    3. Governance, Risk, and Compliance (oleh Bank Victoria);           3. Governance, Risk, and Compliance (by Bank Victoria);
                    4. Managing Environmental, Social and Governance Risks and          4. Managing Environmental, Social and Governance Risks and
                       Opportunities (oleh Otoritas Jasa Keuangan Institute);              Opportunities (by Otoritas Jasa Keuangan Institute);
                    5. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          5. Shaping a Trustworthy Individual (by Bank Victoria);
                       Victoria);
                    6. Mini Town Hall (oleh Bank Victoria);                             6. Mini Town Hall (by Bank Victoria);
                    7. Philosophy that Flows in My Soul (oleh Bank Victoria); dan       7. Philosophy that Flows in My Soul (by Bank Victoria); dan
                    8. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro     8. Risk Management Certification Refreshment
                       Knowledge Source).
Tamunan             1. Outlook Banking Regulation: Tantangan Industri Perbankan, Arah   1. Outlook Banking Regulation: Challenges in Banking Industry,
Direktur                Regulasi, dan Future Banking (oleh Lembaga Pengembangan            Regulatory Direction, and Future Banking (by Indonesian
Kepatuhan dan           Perbankan Indonesia);                                              Banking Development Institution);
Manajemen Risiko    2. Expert Sharing Session - Keuangan Berkelanjutan (oleh Otoritas   2. Expert Sharing Session - Sustainable Finance (by Otoritas
Director of             Jasa Keuangan Institute);                                          Jasa Keuangan Institute);
Compliance and      3. Governance, Risk, and Compliance (oleh Bank Victoria);           3. Governance, Risk, and Compliance (by Bank Victoria);
Risk Management     4. Membentuk Pribadi yang Amanah dan Terpercaya (oleh Bank          4. Shaping a Trustworthy Individual (by Bank Victoria);
                        Victoria);
                    5. Outbond: Change the Future (oleh Bank Victoria);                 5. Outbond: Change the Future (by Bank Victoria);
                    6. Philosophy that Flows in My Soul (oleh Bank Victoria);           6. Philosophy that Flows in My Soul (by Bank Victoria);
                    7. Refreshment Sertifikasi Manajemen Risiko (oleh PT Efektifpro     7. Risk        Management         Certification    Refreshment
                        Knowledge Source);                                                  (by PT Efektifpro Knowledge Source);
                    8. Resertifikat “Sertifikasi Kompetensi Manajemen Risiko            8. Recertificate “Banking Risk Management Competency
                        Perbankan - Kualifikasi 7” (oleh Lembaga Sertifikasi                Certification - Qualification 7” (by Banking Professionals
                        Profesional Perbankan);                                             Certification Institute);
                    9. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);        9. Dissemination of Risk Register Risk (by Bank Victoria);
                    10. Managing Environmental, Social and Governance Risks and         10. Managing Environmental, Social and Governance Risks and
                        Opportunities (oleh Otoritas Jasa Keuangan Institute);              Opportunities (by Otoritas Jasa Keuangan Institute);
                    11. Sosialisasi Penguatan Kerangka Hukum terkait Pencegahan dan     11. Dissemination of Strengthening Legal Framework on the
                        Pemberantasan Pendanaan Proliferasi Senjata Pemusnah Massal         Prevention and Eradication of Funding for Proliferation of
                        (dari Pusat Pelaporan dan Analisis Transaksi Keuangan);             Weapons of Mass Destruction (by Financial Transaction
                                                                                            Reports and Analysis Center);
                    12. Webinar dengan tema "Peluang, Harapan dan Tantangan             12. Webinar with a theme “Opportunities, Hopes and Challenges
                        Perekonomian Nasional" (oleh Forum Komunikasi Direktur              of National Economy” (by Banking Compliance Directors
                        Kepatuhan Perbankan);                                               Communication Forum);
                    13. Seminar Otoritas Jasa Keuangan Carbon (oleh Otoritas Jasa       13. Financial Services Authority Seminar: Carbon (by Financial
                        Keuangan);                                                          Services Authority);
                    14. 4th Legal Forum “Urgensi Regulatory Technology dan Digital      14. 4th Legal Forum “The Urgency of Regulatory Technology
                        Evidence dalam Mendukung Efektivitas Penegakan Hukum                and Digital Evidence in Supporting the Effectiveness of Law
                        Tindak Pidana Pencucian Uang dan Tindak Pidana Pendanaan            Enforcement in Crimes of Money Laundering and Counter
                        Terorisme (oleh Forum Komunikasi Direktur Kepatuhan                 Terrorism Financing (by Banking Compliance Directors
                        Perbankan);                                                         Communication Forum);
                    15. Focus Group Discussion "lmplementasi Anti Pencucian Uang,       15. Focus Group Discussion “lmplementation of Anti Money
                        Pencegahan Pendanaan Terorisme, dan Pencegahan Pendanaan            Laundering, Counter Terrorism Financing, and Prevention
                        Proliferasi Senjata Pemusnah Massal dan Kewajiban Pelaporan"        of Funding for Proliferation of Weapons of Mass Destruction
                        (oleh Forum Komunikasi Direktur Kepatuhan Perbankan);               and Reporting Obligation” (by Banking Compliance Directors
                                                                                            Communication Forum);
                    16. Undangan Kegiatan “Risk and Governance Summit 2023" (oleh       16. Event Invitation “Risk and Governance Summit 2023” (by
                        Otoritas Jasa Keuangan); dan                                        Financial Services Authority); and
                    17. Diseminasi Pusat Pelaporan dan Analisis Transaksi Keuangan      17. Dissemination by Financial Transaction Reports and Analysis
                        “Securing Hasil Tindak Pidana Lintas Batas Negara Melalui           Center “Securing Proceeds of Cross-Border Crimes Through
                        Implementasi Regulasi Mengenai Penundaan, Penghentian,              the Implementation of Regulations on Postponement,
                        dan Pemblokiran (oleh Pusat Pelaporan dan Analisis Transaksi        Termination and Blocking” (by Financial Transaction Reports
                        Keuangan).                                                          and Analysis Center).




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Program Orientasi bagi Anggota Dewan                                    Orientation Program for Newly Appointed
Komisaris dan Direksi yang Baru Diangkat                                Members of Board of Commissioners and
                                                                        Board of Directors

Bank Victoria memiliki program orientasi dan pengenalan bagi            Bank Victoria has an orientation and introduction program for
anggota Dewan Komisaris dan Direksi baru diangkat. Program ini          newly appointed members of the Board of Commissioners and
bertujuan untuk memberikan pemahaman tentang visi, misi, dan            Board of Directors. This program aims to provide an understanding
nilai Bank Victoria, Kode Etik, struktur organisasi, bidang usaha,      of Bank Victoria’s vision, mission, and values, Code of Conduct,
pedoman dan tata tertib kerja Dewan Komisaris dan Direksi serta         organizational structure, line of business, charters and conduct
peraturan-peraturan perbankan. Corporate Secretary menjadi              for the Board of Commissioners and Board of Directors, and
penanggung jawab pelaksanaan program orientasi ini.                     banking regulations. The Corporate Secretary is in charge of the
                                                                        implementation of this orientation program.




Penanganan Benturan Kepentingan
Dewan Komisaris dan Direksi
Handling of Conflict of Interests of the Board of Commissioners
and Board of Directors


Seluruh anggota Dewan Komisaris dan Direksi dilarang berada di          All members of the Board of Commissioners and Board of
situasi atau kondisi tertentu di mana kepentingan anggota Dewan         Directors are prohibited from being in certain situation or
Komisaris dan/atau Direksi bertentangan dengan kepentingan              condition in which the interests of members of the Board of
Bank. Namun, apabila terjadi benturan kepentingan, maka harus           Commissioners and/or Board of Directors conflict with the
diungkapkan dan anggota Dewan Komisaris dan/atau Direksi                interests of the Bank. However, in case of any conflict of interest,
yang bersangkutan tidak boleh melibatkan diri dalam proses              such conflict must be disclosed and the relevant member of the
pengambilan keputusan Bank yang berkaitan dengan benturan               Board of Commissioners and/or Board of Directors is prohibited
kepentingan tersebut.                                                   from being involved in any of the Bank’s decision-making process
                                                                        related to such conflict of interest.




Mekanisme Pengunduran Diri dan
Pemberhentian Dewan Komisaris dan Direksi
Resignation and Dismissal Mechanism of the Board of
Commissioners and Board of Directors

Mekanisme Pengunduran Diri                                              Resignation Mechanism

Bank telah menetapkan mekanisme pengunduran diri Dewan                  The Bank has established a mechanism for the resignation of the
Komisaris dan Direksi dalam Anggaran Dasar yang diuraikan               Board of Commissioners and Board of Directors in the Articles of
sebagai berikut:                                                        Association, described as follows:
1. Seorang anggota Dewan Komisaris dan Direksi dapat                    1. A member of the Board of Commissioners and Board of
    mengundurkan diri dari jabatannya dengan menyampaikan                   Directors may resign from the position by submitting a
    permohonan secara tertulis kepada Bank;                                 written request to the Bank;
2. Bank Wajib menyelenggarakan RUPS untuk memutuskan                    2. The Bank is required to hold a GMS to resolve on resignation
    permohonan pengunduran diri anggota Direksi dalam jangka                request of members of the Board of Directors within 90 days
    waktu 90 hari setelah diterimanya surat pengunduran diri;               after receipt of the resignation letter;




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3. Bank wajib melakukan keterbukaan informasi kepada                   3. The Bank is required to disclose information to the public and
   masyarakat dan menyampaikan kepada Otoritas Jasa                       submit it to the Financial Services Authority no later than 2
   Keuangan paling lambat 2 (dua) hari kerja setelah diterimanya          (two) working days after receiving the request for resignation
   permohonan pengunduran diri Direksi; dan                               of the Board of Directors; and
4. Jika oleh suatu sebab jabatannya anggota Direksi kosong, dan        4. In the event that one position of Board of Directors is
   jumlah anggota Direksi menjadi kurang dari 3 (tiga) orang, maka        vacant, and the number of the Board of Directors is less
   selambat-lambatnya 90 hari kalender setelah kekosongan itu             than 3 (three) members, then no later than 90 calendar days
   harus diadakan RUPS untuk mengisi kekosongan tersebut                  after the vacancy, a GMS must be held to fill the vacancy by
   dengan memperhatikan peraturan perundang-undangan yang                 considering the applicable laws and regulations in the capital
   berlaku di bidang pasar modal.                                         market.



Mekanisme Pemberhentian                                                Dismissal Mechanism

Selain pengunduran diri secara sukarela, Dewan Komisaris               In addition to voluntary resignation, the Bank’s Board of
dan Direksi Bank dapat diberhentikan sewaktu-waktu dengan              Commissioners and Board of Directors may be dismissed at any
mekanisme sebagai berikut:                                             time by using the following mechanism:
1. Anggota Dewan Komisaris dan Direksi dapat diberhentikan             1. Members of the Board of Commissioners and Board of Directors
    untuk sementara oleh RUPS dengan dengan menyebutkan                    can be suspended by the GMS by stating the reasons after
    alasannya setelah anggota Dewan Komisaris dan Direksi yang             the members of the Board of Commissioners and Board of
    bersangkutan diberi kesempatan untuk membela diri;                     Directors concerned are given a chance to defend themselves;
2. Anggota Direksi dapat diberhentikan untuk sementara oleh            2. Members of the Board of Directors may be suspended by the
    Dewan Komisaris dengan menyebutkan alasannya;                          Board of Commissioners by stating the reasons;
3. Pemberhentian sementara anggota Direksi wajib disampaikan           3. The suspension of a member of the Board of Directors must
    secara tertulis;                                                       be conveyed in writing;
4. Dewan Komisaris harus menyelenggarakan RUPS untuk                   4. The Board of Commissioners must hold a GMS to revoke or
    mencabut atau menguatkan keputusan pemberhentian                       confirm the suspension decision;
    sementara;
5. RUPS wajib diselenggarakan dalam jangka waktu paling                5. The GMS must be held no later than 90 days after the
    lambat 90 hari setelah tanggal pemberhentian sementara;               suspension date;
6. Jika dalam waktu yang ditentukan RUPS tidak dapat mengambil         6. If within the specified time the GMS cannot adopt a
    keputusan, maka pemberhentian sementara menjadi batal;                resolution, then the suspension will be cancelled;
7. Anggota Direksi yang diberhentikan sementara tidak                  7. Members of the Board of Directors who are suspended are
    berwenang untuk menjalankan kepengurusan Bank dan                     not authorized to carry out the management of the Bank and
    mewakili Bank di dalam maupun di luar pengadilan;                     represent the Bank in or out of court;
8. Batas kewenangan anggota Direksi berlaku sejak                      8. The limits of authority of the Board of Directors’ members
    dikeluarkannya keputusan pemberhentian sementara oleh                 apply from the issuance of a suspension decision by the Board
    Dewan Komisaris sampai dengan dikeluarkannya keputusan                of Commissioners until the issuance of a GMS resolution
    RUPS yang menguatkan atau membatalkan pemberhentian                   confirming or canceling the suspension and until the time
    sementara dan terlampauinya jangka waktu penyelenggaraan              period for holding the GMS is exceeded; and
    RUPS; dan
9. Apabila anggota Direksi yang diberhentikan sementara                9. If the suspended members of the Board of Directors do not
    tersebut tidak hadir dalam RUPS maka anggota Direksi                  attend the GMS, such members are deemed not to have
    yang diberhentikan sementara tersebut dianggap tidak                  exercised their right to defend themselves at the GMS, thus
    menggunakan haknya untuk membela dirinya dalam RUPS,                  the suspended members of the Board of Directors accepts
    dengan demikian anggota Direksi yang diberhentikan                    the GMS resolutions.
    sementara tersebut menerima keputusan RUPS.




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Kebijakan Keberagaman Komposisi Dewan
Komisaris dan Direksi
Diversity Policy of Composition of the Board of Commissioners
and Board of Directors
Keberagamaan komposisi Dewan Komisaris dan Direksi                  The diversity of composition of the Board of Commissioners and
merupakan salah satu upaya yang dilakukan Bank Victoria untuk       Board of Directors is one of the efforts made by Bank Victoria
menguatkan peran, fungsi dan tugas Dewan Komisaris dan              to strengthen the roles, functions, and duties of the Board
Direksi. Informasi keberagaman komposisi Dewan Komisaris dan        of Commissioners and Board of Directors. Information on the
Direksi Bank dapat dilihat pada bagian Profil Dewan Komisaris       diversity of composition of the Board of Commissioners and
dan Profil Direksi.                                                 Board of Directors can be seen in the Profile section of the Board
                                                                    of Commissioners and Board of Directors.




Kebijakan Nominasi dan Remunerasi
Dewan Komisaris dan Direksi
Nomination and Remuneration Policy of the
Board of Commissioners and Board of Directors


Kebijakan Nominasi                                                  Nomination Policy

Berdasarkan Pedoman Komite Nominasi dan Remunerasi, Komite          Based on the Nomination and Remuneration Commitee’s
Nominasi dan Remunerasi bertugas untuk menyusun suatu sistem        Charter, the Nomination and Remuneration Committee has the
nominasi bagi anggota Dewan Komisaris dan Direksi Bank yang         duty to establish a nomination system for members of Board of
akan menjadi bagian dari Kebijakan Good Corporate Governance        Commissioners and Board of Directors, which will become part of
dari Bank serta akan menjadi pedoman bagi Dewan Komisaris           the Bank’s Good Corporate Governance Policy and will be used
dan RUPS dalam menetapkan nominasi dan remunerasi anggota           as a guideline for the Board of Commissioners and the GMS to
Dewan Komisaris dan Direksi.                                        determine the nomination and remuneration of members of the
                                                                    Board of Commissioners and Board of Directors.


Proses Seleksi Calon Anggota Dewan Komisaris                        Selection Process for Candidates for the Board of
dan Direksi                                                         Commissioners and Board of Directors
Proses seleksi calon anggota Dewan Komisaris dan Direksi Bank       The selection process for candidates for the Bank’s Board of
sebagai berikut:                                                    Commissioners and Board of Directors is as follows:
1. Komite Nominasi dan Remunerasi mengidentifikasi calon            1. The Nomination and Remuneration Committee identifies
    yang memenuhi kriteria;                                            candidates who meet the criteria;
2. Dewan Komisaris atas dasar saran Komite Nominasi dan             2. The Board of Commissioners based on recommendation from
    Remunerasi menyampaikan kepada Pemegang Saham; dan                 the Nomination and Remuneration Committee submits to
                                                                       the Shareholders; and
3. Pelaksanaan seleksi dilaksanakan sebelum masa jabatan            3. The selection process is carried out prior to the expiry of
   berakhir, diminta atau apabila ada kekosongan Direksi.              the existing term of office, or upon request or in case of any
                                                                       vacancy in the Board of Directors’ position.


Kriteria Dewan Komisaris dan Direksi                                Criteria of the Board of Commissioners and
                                                                    Board of Directors
Seluruh calon anggota Dewan Komisaris dan Direksi harus             All candidates for the Board of Commissioners and Board of Directors
memenuhi persyaratan yang diatur dalam BOC Charter dan BOD          must meet the requirements set out in the BOC Charter and BOD
Charter sebelum diangkat menjadi anggota Dewan Komisaris dan        Charter prior to being appointed as members of the Bank’s Board of
Direksi Bank, yang diuraikan sebagai berikut:                       Commissioners and Board of Directors, which are described as follows:




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1. Persyaratan Formal                                                  1. Formal Requirements
   a. Cakap melakukan perbuatan hukum;                                    a. Capable in performing legal actions;
   b. Dalam 5 (lima) tahun sebelum pengangkatan dan selama                b. Within 5 (five) years before appointment and during the
       menjabat:                                                             term of office:
       1) Tidak pernah dinyatakan pailit;                                 1) Never been declared bankrupt;
       2) Tidak pernah menjadi anggota Dewan Komisaris dan/               2) Never become a member of Board of Commissioners
           atau Direksi yang dinyatakan bersalah menyebabkan                 and/or Board of Directors who is found guilty of causing
           suatu bank dinyatakan pailit;                                     a bank to be declared bankrupt;
       3) Tidak pernah dihukum karena melakukan tindak                    3) Never been punished for committing a criminal act that
           pidana yang merugikan keuangan negara dan/atau                    is detrimental to state finances and/or related to the
           yang berkaitan dengan sektor keuangan; serta                      financial sector; and
       4) Tidak pernah menjadi anggota Dewan Komisaris dan/               4) Never been a member of Board of Commissioners and/or
           atau Direksi yang selama menjabat:                                Board of Directors who during the term of office:
           • Pernah tidak menyelenggarakan RUPS Tahunan;                     • Has ever not convening an Annual GMS;
           • Pertanggungjawabannya sebagai anggota Dewan                     • Has ever had his/her accountability as the member
               Komisaris dan/atau Direksi pernah tidak diterima                   of Board of Commissioners and/or Board of Directors
               oleh RUPS atau pernah tidak memberikan                             rejected by the GMS or has ever been absent in giving
               pertanggungjawaban sebagai anggota Dewan                           his/her accountability as the member of Board of
               Komisaris dan/atau Direksi kepada RUPS; dan                        Commissioners and/or Board of Directors to the
                                                                                  GMS; and
            •  Pernah menyebabkan Bank yang memperoleh                       • Has ever caused a Bank that obtains permit,
               izin, persetujuan, atau pendaftaran dari Otoritas                  approval, or registration from the Financial Services
               Jasa Keuangan tidak memenuhi kewajiban                             Authority not to fulfill its obligation to submit its
               menyampaikan Laporan Tahunan dan/atau                              Annual Report and/or Financial Statements to the
               Laporan Keuangan kepada Otoritas Jasa Keuangan.                    Financial Services Authority.
2. Persyaratan Material                                                2. Material Requirements
   a. Mempunyai akhlak, moral, dan integritas yang baik;                  a. Have good character, morals, and integrity;
   b. Memiliki komitmen untuk mematuhi peraturan                          b. Has a commitment to comply with the laws and
       perundang-undangan; dan                                               regulations; and
   c. Memiliki pengetahuan dan/atau keahlian di bidang yang               c. Has knowledge and/or expertise in the field required to
       dibutuhkan untuk menjalankan tugasnya.                                perform the duties.
3. Persyaratan Lainnya                                                 3. Other Requirements
   a. Anggota Dewan Komisaris tidak diperkenankan                         a. Members of the Board of Commissioners are not allowed
       merangkap jabatan sebagai anggota Direksi, anggota                    to concurrently hold position as a member of Board
       Dewan Komisaris, atau Pejabat Eksekutif pada lembaga                  of Directors, member of Board of Commissioners, or
       keuangan (bank atau non-bank) dan pada lebih dari 1                   Executive Officer in other financial institutions (bank
       (satu) perusahaan bukan lembaga keuangan baik yang                    or non-bank) and in more than 1 (one) non-financial
       berkedudukan di dalam negeri atau luar negeri;                        institutions, either in Indonesia or overseas;
   b. Anggota Dewan Komisaris tidak termasuk rangkap                      b. Members of the Board of Commissioners do not hold
       jabatan apabila menjabat sebagai Direksi, anggota Dewan               concurrent position if holding a position as the Board of
       Komisaris, atau Pejabat Eksekutif yang melaksanakan                   Directors, members of Board of Commissioners, or Executive
       fungsi pengawasan pada 1 (satu) Entitas Anak Bank yang                Officer performing the supervision function in 1 (one) of the
       dikendalikan oleh Bank (konsolidasi);                                 Bank’s subsidiary controlled by the Bank (consolidated);
   c. Komisaris non-independen tidak termasuk rangkap                     c. Non-independent Commissioner does not hold a
       jabatan dalam menjalankan tugas fungsional dari                       concurrent position in performing its functional duty
       Pemegang Saham yang berbentuk badan hukum pada                        from a legal entity Shareholder in the Banking business
       kelompok usaha Bank; dan                                              group; and
   d. Anggota Direksi dilarang memangku jabatan rangkap,                  d. The member of Board of Directors are not allowed to
       apabila jabatan rangkap tersebut bertentangan dengan                  hold concurrent positions if they are contrary to the
       peraturan perundang-undangan dan/atau apabila                         laws and regulations and/or if they possibly lead to the
       jabatan rangkap tersebut mungkin dapat menimbulkan                    conflict of interest.
       benturan kepentingan.




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Kebijakan Remunerasi Dewan Komisaris dan                                 Remuneration Policy of the Board of
Direksi                                                                  Commissioners and Board of Directors

Remunerasi diberikan kepada Dewan Komisaris dan Direksi                  Remuneration is given to the Board of Commissioners and Board
sebagai bentuk penghargaan atas pelaksanaan tugas dan                    of Directors as a form of appreciation for performing their duties
tanggung jawab yang telah dilaksanakan dengan baik selama                and responsibilities properly in the fiscal year. Pursuant to the
tahun buku. Sesuai dengan ketentuan Peraturan Otoritas Jasa              Financial Services Authority Regulation No. 45/POJK.03/2015
Keuangan No. 45/POJK.03/2015 dan Surat Edaran Otoritas Jasa              and Financial Services Authority Circular No. 40/SEOJK.03/2016
Keuangan No. 40/SEOJK.03/2016 tentang Penerapan Tata Kelola              on Implementation of Governance in Providing Remuneration for
dalam Pemberian Remunerasi bagi Bank Umum, Bank Victoria                 Commercial Banks, Bank Victoria has implemented remuneration
telah mengimplementasikan kebijakan remunerasi yang sesuai               policy in accordance with Board of Commissioners’ Decision
dengan Keputusan Dewan Komisaris No. 001/SK-KOM/09/18                    Letter No. 001/SK-KOM/09/18 dated 20 September 2018 on
tanggal 20 September 2018 tentang Pedoman Komite Nominasi                Guidelines of Nomination and Remuneration Committee of
dan Remunerasi PT Bank Victoria International Tbk.                       PT Bank Victoria International Tbk.


Prosedur Penetapan Remunerasi Dewan                                      Procedure for Determining Remuneration for the
Komisaris dan Direksi                                                    Board of Commissioners and Board of Directors
Penetapan remunerasi bagi Dewan Komisaris dan Direksi                    Determination of remuneration for the Board of Commissioners and
dilakukan dengan mengikuti prosedur sebagai berikut:                     Board of Directors is carried out by following the procedures below:
1. Proses pengajuan usulan jenis dan besaran remunerasi oleh             1. The process of proposing remuneration types and amount by
    Direksi kepada Dewan Komisaris atau oleh Dewan Komisaris                 the Board of Directors to the Board of Commissioners or by
    sendiri;                                                                 the Board of Commissioners itself;
2. Usulan tersebut akan ditelaah oleh Komite Nominasi dan                2. The proposal will be reviewed by the Nomination and
    Remunerasi dengan mempertimbangkan indikator-indikator                   Remuneration Committee by considering specific indicators;
    tertentu;
3. Hasil penelaahan akan dijadikan sebagai rekomendasi dan               3. The review result will be the recommendation and basis for
    dasar pertimbangan bagi Dewan Komisaris untuk diajukan                  consideration for the Board of Commissioners to be proposed
    kepada RUPS; dan                                                        in the GMS; and
4. RUPS memutuskan besaran remunerasi Dewan Komisaris dan                4. GMS determines the remuneration amount for the Board of
    Direksi.                                                                Commissioners and Board of Directors.


Jenis dan Indikator Penetapan Remunerasi Dewan                           Types and Indicators to Determine Remuneration for
Komisaris dan Direksi                                                    the Board of Commissioners and Board of Directors
Indikator penetapan remunerasi Dewan Komisaris dan Direksi               Indicators for determining the remuneration for the Bank’s Board of
Bank mempertimbangkan skala usaha, kompleksitas usaha, peer              Commissioners and Board of Directors consider the business scale,
group, tingkat inflasi, kondisi dan kemampuan keuangan Bank, dan         business complexity, peer group, inflation rate, financial condition
tidak bertentangan dengan peraturan perundang-undangan yang              and capability of the Bank, and do not conflict with the applicable
berlaku. Sementara penerapan remunerasi yang bersifat variabel           laws and regulations. Meanwhile, the variable remuneration is
secara khusus mendorong prudent risk taking serta memperhatikan          applied specifically to promote prudent risk taking and consider the
risiko yang paling berpengaruh dalam kegiatan usaha (risiko utama).      most affecting risk in the business activities (main risks).


Berdasarkan peraturan dan kebijakan terkait, remunerasi Dewan            Based on relevant regulations and policies, the remuneration for
Komisaris dan Direksi terdiri dari:                                      the Board of Commissioners and Board of Directors consists of:
1. Remunerasi yang Bersifat Tetap                                        1. Fixed Remuneration
    Remunerasi ini diberikan dalam bentuk tunai dan dapat                    This remuneration is given in cash and can also be
    juga disertai dengan pemberian remunerasi dalam bentuk                   accompanied with non-cash remuneration that is not related
    tidak tunai serta tidak dikaitkan dengan kinerja dan risiko.             to performance and risk. This remuneration consists of
    Remunerasi ini terdiri dari gaji pokok, fasiltas, tunjangan              basic salary, facilities, housing allowance, health allowance,
    perumahan, tunjangan kesehatan, tunjangan pendidikan,                    education allowance, holiday allowance, and retirement
    tunjangan hari raya, dan pensiun.                                        plan.
2. Tunjangan yang Bersifat Variabel                                      2. Variable Allowance
   Remunerasi ini dikaitkan dengan kinerja dan risiko serta                  This remuneration is related to the performance and risk
   diberikan dalam bentuk tunai dan saham atau instrumen                     and is given in the form of cash and shares or share-based
   yang berbasis saham yang diterbitkan Bank. Remunerasi                     instruments issued by the Bank. This remuneration is given in
   ini diberikan dalam bentuk bonus atau bentuk lain yang                    the form of bonus or other similar forms.
   dipersamakan dengan itu.




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Pelaksanaan Kaji Ulang dan Independensi                                Review and Independence of Remuneration
Penerapan Kebijakan Remunerasi                                         Policy Implementation
Dalam rangka memastikan independensi pemberian remunerasi              To ensure independence of remuneration for all employees
terhadap seluruh karyawan termasuk karyawan di unit kontrol,           including employees in the control unit, Bank Victoria ensures
maka Bank Victoria memastikan evaluasi kinerja dan penentuan           that performance evaluation and remuneration is determined
remunerasi yang dilakukan melalui pengawasan dan kajian                by supervision and review to the Nomination and Remuneration
hingga Komite Nominasi dan Remunerasi. Bank Victoria secara            Committee. Bank Victoria periodically reviews its remuneration
berkala melakukan kaji ulang atas kebijakan remunerasi yang            policy based on performance, risk, fairness with peer groups,
didasarkan atas kinerja, risiko, kewajaran dengan peer group,          targets, long-term strategy of the Bank, fulfillment of reserves as
sasaran, strategi jangka panjang Bank, pemenuhan cadangan              stipulated in laws and regulations, and potential income of the
sebagaimana diatur dalam peraturan perundang-undangan, dan             Bank in the future.
potensi pendapatan Bank di masa yang akan datang.


Penetapan Material Risk Takers                                         Establishing Material Risk Takers
Penentuan Material Risk Taker (MRT) dikategorikan sebagai berikut:     Material Risk Taker (MRT) is categorized as follows:
1. MRT dapat ditentukan dengan menggunakan metode kualitatif           1. MRT can be determined by using qualitative method
   sesuai dengan porsi tanggung jawab yang berpengaruh                    according to the portion of responsibility that affects main
   terhadap profil risiko utama yang akan ditentukan berdasarkan          risk profile which will be determined based on risk profile
   evaluasi profil risiko yang ditentukan Bank setiap tahunnya; dan       evaluation, as determined by the Bank annually; and
2. Penentuan kategori MRT juga dapat dilakukan secara                  2. MRT category can also be determined quantitatively through
   kuantitatif melalui perbandingan pemberian remunerasi                  comparison of variable remuneration provision between MRT
   bersifat variabel antara MRT dan karyawan non-MRT dengan               and non-MRT employees, by considering their performance
   pertimbangan terhadap kinerja dan juga tingkat risiko jabatan          and positional risk.
   yang bersangkutan.


Dengan demikian, maka Dewan Komisaris, Direksi, dan/atau               Therefore, the Board of Commissioners, Board of Directors, and/
karyawan yang memperoleh remunerasi yang bersifat variabel             or employees receiving a high amount variable remuneration are
dengan nilai yang besar dikategorikan sebagai MRT.                     categorized as the MRT.


Penangguhan atau Penarikan Kembali                                     Remuneration Suspension or Clawback
Remunerasi
Remunerasi Dewan Komisaris dan Direksi dapat ditangguhkan              The remuneration of the Board of Commissioners and Board of
atau ditarik kembali jika Bank mengalami kerugian yang                 Directors can be suspended or clawback if the Bank suffers a
mengakibatkan pembagian remunerasi tidak dapat dilakukan               loss which results in remuneration unable to be distributed in
secara penuh atau hanya bersifat variabel dengan nilai yang            full or in a variable nature with a relatively small value. This is
relatif kecil. Hal ini sesuai dengan ketentuan peraturan pemberian     in accordance with the provisions of providing remuneration for
remunerasi bagi Bank Umum.                                             Commercial Banks.


Selain itu, Bank wajib menangguhkan atau menarik kembali               In addition, the Bank must suspend or withdraw the payment of
pembayaran remunerasi variabel Dewan Komisaris dan Direksi             variable remuneration for the Board of Commissioners and Board
(malus atau clawback) jika Bank mengalami kerugian akibat              of Directors (malus or clawback) if the Bank suffers a loss due to
kondisi yang merugikan keuangan Bank, seperti fraud oleh pihak         conditions that cause losses to the Bank’s finances, such as fraud
yang menjadi MRT atau kondisi lainnya. Penangguhan dapat               by parties who are MRT or other conditions. Suspension can be
dilaksanakan dengan jangka waktu minimal selama 3 (tiga) tahun         carried out with a minimum period of 3 (three) years and can be
dan dapat disesuaikan menjadi lebih panjang, sesuai dengan             adjusted to be longer, according to the risk period. In this case,
jangka waktu risiko. Dalam hal tersebut, Dewan Komisaris dan           the Board of Commissioners and Board of Directors are prohibited
Direksi dilarang melakukan lindung nilai terhadap remunerasi           from hedging on deferred variable remuneration.
variabel yang ditangguhkan.


Kaitan Remunerasi dengan Risiko dan Kinerja                            Connection of Remuneration with Risk and
                                                                       Performance
Penetapan remunerasi variabel Dewan Komisaris dan Direksi              The determination of variable remuneration for the Board of
disesuaikan dengan risiko utama yang dihadapi Bank, berdasarkan        Commissioners and Board of Directors is adjusted to the main risks
kriteria dan dampak risiko. Jika risiko utama terjadi, remunerasi      faced by the Bank, based on the criteria and risk impacts. If the
Dewan Komisaris dan Direksi sebagai MRT akan terpengaruh.              main risk occurs, the remuneration for the Board of Commissioners
Selain itu, penetapan remunerasi variabel juga disesuaikan dengan      and Board of Directors as the MRT will be affected. In addition,




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pengukuran kinerja individu dan kolegial oleh Dewan Komisaris dan        determination of variable remuneration is also adjusted to the
Direksi. Berdasarkan hasil pengukuran kinerja, Komite Nominasi           Board of Commissioners and Board of Directors’ individual and
dan Remunerasi memberikan masukan/rekomendasi kepada                     collegial performance. Based on the performance assessment
Dewan Komisaris mengenai besaran remunerasi yang sesuai.                 results, the Nomination and Remuneration Committee gives an
Rekomendasi tersebut kemudian disampaikan kepada RUPS untuk              input/recommendation to the Board of Commissioners regarding
penetapan remunerasi Dewan Komisaris dan Direksi.                        the proper amount of remuneration. Such recommendation is
                                                                         then submitted to the GMS to determine the remuneration for
                                                                         the Board of Commissioners and Board of Directors.


Konsultan terkait Kebijakan Remunerasi                                   Consultant regarding Remuneration Policy
Dalam merumuskan kebijakan              remunerasi,   Bank   tidak       In formulating remuneration policies, the Bank has not used
menggunakan jasa konsultan.                                              consultant services.


Struktur dan Besaran Remunerasi Dewan                                    Remuneration Structure and Amount for the
Komisaris dan Direksi                                                    Board of Commissioners and Board of Directors
Remunerasi Dewan Komisaris dan Direksi terdiri dari remunerasi           Remuneration for the Board of Commissioners and Board of
tetap (honorarium, benefit seperti asuransi kesehatan, kendaraan         Directors consists of fixed remuneration (honorarium, benefits
dinas, BPJS Ketenagakerjaan, dan THR), serta remunerasi variabel         such as health insurance, official vehicle, BPJS Employment,
(tantiem/gratifikasi dan saham). Pembayaran dapat dilakukan              and THR), and variable remuneration (tantiem/gratification
secara tunai atau non-tunai, yakni dalam bentuk natura (rumah,           and shares). Payments can be made in cash or non-cash, i.e. in
kendaraan dinas, serta bentuk lainnya yang dapat dimiliki maupun         the form of natura facilities (house, official vehicle, and other
tidak dapat dimiliki) dan saham. Besaran remunerasi yang bersifat        forms that may or may not be owned) and shares. The amount of
variabel disesuaikan dengan kinerja, tugas, dan tanggung jawab           variable remuneration is adjusted to the performance, duties, and
masing-masing anggota Dewan Komisaris dan Direksi.                       responsibilities of each member of the Board of Commissioners
                                                                         and Board of Directors.


Pada tahun 2023, remunerasi Dewan Komisaris dan Direksi Bank             In 2023, the remuneration for the Board of Commissioners and
Victoria sebagai berikut:                                                Board of Directors of Bank Victoria was as follows:


Remunerasi Dewan Komisaris dan Direksi berdasarkan Jenis
Remuneration for the Board of Commissioners and Board of Directors by Type

                                                                          Dewan Komisaris                            Direksi
                                                                       Board of Commissioners                   Board of Directors
                        Jenis Remunerasi
                      Type of Remuneration                                                Jumlah                               Jumlah
                                                                        Orang                                Orang
                                                                                           Total                                Total
                                                                        People                               People
                                                                                           (Rp)                                 (Rp)
 Remunerasi Bersifat Tetap (Gaji dan THR)
                                                                           2            2,482,700,000           5           12,454,017,200
 Fixed Remuneration (Salary and THR Allowance)

 Remunerasi Bersifat Variabel (Bonus)
                                                                           2              792,954,993           5            4,502,746,513
 Variable Remuneration (Bonus)

 Total                                                                         3,275,654,993                        16,956,763,713


Remunerasi Dewan Komisaris dan Direksi berdasarkan Bentuk
Remuneration for the Board of Commissioners and Board of Directors by Form

                                                                          Dewan Komisaris                            Direksi
                                                                       Board of Commissioners                   Board of Directors
                       Bentuk Remunerasi
                      Form of Remuneration                                                Jumlah                               Jumlah
                                                                        Orang                                Orang
                                                                                           Total                                Total
                                                                        People                               People
                                                                                           (Rp)                                 (Rp)
 Remunerasi dalam Bentuk Tunai
                                                                           2            3,275,654,993           5           16,956,763,713
 Remuneration in the form of Cash

 Remunerasi dalam Bentuk Natura
                                                                           -                        -           -                        -
 Remuneration in the form of Natura




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      Tata Kelola Perusahaan
      Good Corporate Governance




                                                                          Dewan Komisaris                             Direksi
                                                                       Board of Commissioners                    Board of Directors
                        Bentuk Remunerasi
                       Form of Remuneration                                                Jumlah                                Jumlah
                                                                       Orang                                  Orang
                                                                                            Total                                 Total
                                                                       People                                 People
                                                                                            (Rp)                                  (Rp)

 Remunerasi dalam Bentuk Saham
                                                                            -                        -           -                          -
 Remuneration in the form of Shares

 Total                                                                          3,275,654,993                        16,956,763,713



Kelompok Remunerasi Dewan Komisaris dan Direksi
Remuneration Group of the Board of Commissioners and Board of Directors

                                                                      Jumlah Dewan Komisaris                       Jumlah Direksi
                Jumlah Remunerasi dalam Setahun
                                                                    Total Board of Commissioners              Total Board of Directors
                  Total Remuneration in a Year
                                                                           (Orang/People)                         (Orang/People)
 Di atas Rp2 miliar
                                                                                      -                                    2
 Above Rp2 billion

 Di atas Rp1 miliar - Rp2 miliar
                                                                                      -                                    2
 Above Rp1 billion - Rp2 billion

 Di atas Rp500 juta - Rp1 miliar
                                                                                     2                                     1
 Above Rp500 million - Rp1 billion

 Di bawah Rp500 juta
                                                                                     1                                     -
 Below Rp500 million



Remunerasi yang Ditangguhkan atau Ditarik                                 Suspended or Clawback Remuneration
Kembali
Pada tahun 2023, tidak terdapat remunerasi Dewan Komisaris                In 2023, there was no suspended or clawback remuneration of
dan Direksi yang ditangguhkan atau ditarik kembali.                       the Board of Commissioners and Board of Directors.


Pengungkapan Bonus Kinerja, Bonus Non-Kinerja,                            Disclosure of Performance Bonus,
dan Opsi Saham                                                            Non-Perfomance Bonus, and Stock Option
Pada tahun 2023, Dewan Komisaris dan Direksi Bank tidak                   In 2023, the Bank’s Board of Commissioners and Board of
mendapat bonus kinerja, bonus non-kinerja, dan opsi saham.                Directors did not receive performance bonus, non-performance
                                                                          bonus, or stock option.


Rasio Gaji Tertinggi dan Terendah                                         Ratio of Highest and Lowest Salary
Bank Victoria selalu memperhatikan kesesuaian rasio gaji                  Bank Victoria consistently pays attention to the conformity
antara Dewan Komisaris, Direksi, dan seluruh karyawan, dengan             of salary ratio between the Board of Commissioners, Board of
mempertimbangkan tingkat tugas dan tanggung jawab. Informasi              Directors, and all employees, by considering the level of duties
rasio gaji Bank Victoria untuk tahun 2023 sebagai berikut:                and responsibilities. Information on Bank Victoria’s salary ratio
                                                                          for 2023 is as follows:


                                                                  Rasio
                        Uraian                                                                               Description
                                                                  Ratio
 Gaji Tertinggi dan Terendah Dewan Komisaris                       1:0.8                    Board of Commissioners’ Highest and Lowest Salary

 Gaji Tertinggi dan Terendah Direksi                               1:0.6                         Board of Directors’ Highest and Lowest Salary

 Gaji Tertinggi dan Terendah Karyawan                             1:0.04                                 Employees’ Highest and Lowest Salary




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Komite di bawah Dewan Komisaris
Board of Commissioners’ Subordinate Committees



Dewan Komisaris membentuk Komite Pemantau Risiko, Komite               The Board of Commissioners established the Risk Monitoring
Nominasi dan Remunerasi, dan Komite Audit untuk mendukung              Committee, Nomination and Remuneration Committee, and
efektivitas pelaksanaan tugas dan tanggung jawab Dewan                 Audit Committee to support the effective execution of the Board
Komisaris serta memastikan pengelolaan Bank sesuai dengan              of Commissioners’ duties and responsibilities and ensure that the
prinsip-prinsip GCG.                                                   Bank’s management is in accordance with GCG principles.



Komite Pemantau Risiko                                                 Risk Monitoring Committee

Komite Pemantau Risiko membantu Dewan Komisaris dalam                  The Risk Monitoring Committee assists the Board of
menerapkan prinsip-prinsip GCG terutama terkait manajemen risiko.      Commissioners in implementing GCG principles, particularly
Komite Pemantau Risiko mengawasi proses perbaikan berkelanjutan        regarding risk management. The Risk Monitoring Committee
di Bank, memastikan kepatuhan terhadap kebijakan, prosedur,            oversees the continuous improvement process at the Bank,
dan praktik risiko di semua tingkat organisasi, serta menjamin         ensures the compliance with risk policies, procedures, and
pelaksanaan manajemen risiko yang efektif dan terkendali.              practices at all levels of organization, and ensures the
                                                                       implementation of an effective and controlled risk management.


Pedoman Komite Pemantau Risiko                                         Risk Monitoring Committee Charter
Pelaksanaan tugas Komite Pemantau Risiko mengacu pada                  The implementation of the Risk Monitoring Committee’s
Pedoman Kerja Komite Pemantau Risiko yang dimutakhirkan                duties refers to the Risk Monitoring Committee Charter which
melalui Keputusan Dewan Komisaris No. 002/SK-KOM/12/23                 were updated through Board of Commissioners’ Decision
tanggal 6 Desember 2023 tentang Pedoman dan Tata Tertib Kerja          No. 002/SK-KOM/12/23 dated 6 December 2023 on the Charter
Komite Pemantau Risiko PT Bank Victoria International Tbk.             and Work Guidelines of the Risk Monitoring Committee of
                                                                       PT Bank Victoria International Tbk.


Tugas dan Tanggung Jawab Komite Pemantau                               Duties and Responsibilities of the Risk
Risiko                                                                 Monitoring Committee
Tugas dan tanggung jawab Komite Pemantau Risiko sebagai                Duties and responsibilities of the Risk Monitoring Committee are
berikut:                                                               as follows:
1. Melakukan pengkajian ulang dan memberikan rekomendasi               1. Reviewing and providing recommendations on the
    atas efektivitas pelaksanaan manajemen risiko Bank melalui              effectiveness of the Bank’s risk management implementation
    pertemuan secara berkala maupun cara lainnya untuk                      through regular meetings or other methods to discuss the
    membahas progres dari tahapan-tahapan tugas dan tanggung                progress of duties and responsibilities carried out by the Risk
    jawab yang dilakukan oleh Satuan Kerja Manajemen Risiko;                Management Work Unit;
2. Melakukan pengawasan atas kegiatan Satuan Kerja                     2. Overseeing activities of the Risk Management Work Unit in
    Manajemen Risiko dalam memantau pelaksanaan mitigasi                    monitoring the implementation of risk mitigation by related
    risiko oleh Unit-Unit Kerja terkait;                                    Work Units;
3. Melakukan pengawasan atas pelaksanaan rekomendasi                   3. Overseeing the implementation of the Committee’s
    Komite oleh Satuan Kerja Manajemen Risiko;                              recommendations by the Risk Management Work Unit;
4. Melakukan analisis dan evaluasi atas usulan Rencana Kegiatan        4. Performing analysis and evaluation of Bank Activity and
    dan Anggaran Bank serta pengkajian ulang tahunan atas                   Budget Plan proposal, as well as annual review of the Bank’s
    rencana jangka panjang Bank yang diajukan oleh Direksi; dan             Long-Term Plan submitted by the Board of Directors; and
5. Melakukan penelaahan atas informasi risiko dan manajemen            5. Reviewing the Bank’s risk information and Bank risk
    risiko Bank dalam laporan-laporan yang akan dipublikasikan.             management in reports to be published.




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        Tata Kelola Perusahaan
        Good Corporate Governance




Komposisi dan Masa Jabatan Komite Pemantau                                        Composition and Term of Office of the Risk
Risiko                                                                            Monitoring Committee
Anggota Komite Pemantau Risiko Bank minimal berjumlah                             The Bank’s Risk Monitoring Committee shall at least consist of 3
3 (tiga) orang yang berasal dari Komisaris Independen dan pihak                   (three) members from Independent Commissioner and independent
independen. Masa jabatan Komite Pematau Pemantau Risiko                           party. The term of office of the Risk Monitoring Committee can not
tidak boleh lebih lama dari masa jabatan Dewan Komisaris dan                      be longer than the term of office of the Board of Commissioners and
dapat dipilih kembali untuk 1 (satu) periode berikutnya.                          can be reelected for 1 (one) subsequent period.


Pada tahun 2023, jumlah dan komposisi Komite Pemantau                             In 2023, the number and composition of Bank Victoria’s Risk
Risiko Bank Victoria berdasarkan Keputusan Direksi                                Monitoring Committee based on Board of Directors’ Decision
No. 002B/SK-DIR/11/22 tanggal 9 November 2022 sebagai                             Letter No. 002B/SK-DIR/11/22 dated 9 November 2022 were as
berikut:                                                                          follows:


              Nama                         Posisi di Komite                     Jabatan di Bank                            Keahlian
              Name                    Position in the Committee               Position at the Bank                         Expertise
                                      Ketua                           Komisaris/Komisaris Independen          Perbankan
 Gunawan Tenggarahardja
                                      Chairperson                     Commissioner/Independent Commissioner   Banking

                                      Anggota                         Komisaris Utama Independen              Perbankan, Manajemen Risiko, dan GCG
 Zaenal Abidin, Ph.D
                                      Member                          Independent President Commissioner      Banking, Risk Management, and GCG

                                      Anggota                         Pihak Independen                        Perbankan dan Audit
 Medi Sejati
                                      Member                          Independent Party                       Banking and Audit

                                      Anggota                         Pihak Independen                        Manajemen Risiko dan Perbankan
 Yozef Abdulrachman
                                      Member                          Independent Party                       Risk Management and Banking



Profil Komite Pemantau Risiko
Risk Monitoring Committee’s Profile

             GUNAWAN TENGGARAHARDJA                                                                  ZAENAL ABIDIN, Ph.D

                                      Ketua                                                                    Anggota
                                    Chairperson                                                                Member


Dasar Hukum Penunjukkan dan Periode Menjabat Dasar Pengangkatan
Basis of Appointment and Term of Office
Keputusan Direksi No. 002B/SK-DIR/11/22 tanggal 9 November 2022 (2022-Sekarang).
Board of Directors’ Decision No. 002B/SK-DIR/11/22 dated 9 November 2022 (2022-Now).

Profil dapat dilihat pada profil Dewan Komisaris.
Profile can be seen in the Board of Commissioners’ profile chapter.




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                         Dasar Pengangkatan dan Periode Menjabat                      Basis of Appointment and Term of Office
                         Keputusan Direksi No. 002B/SK-DIR/11/22 tanggal              Board of Directors’ Decision No. 002B/SK-DIR/11/22
 MEDI SEJATI             9 November 2022 (2022-Sekarang).                             dated 9 November 2022 (2022-Now).

                         Riwayat Pendidikan                                           Education
     Anggota
                         Diploma Manajemen Perbankan dari Sekolah Tinggi Ilmu         Diploma of Banking Management from Sekolah Tinggi
     Member
                         Ekonomi AKPI Bandung (1990).                                 Ilmu Ekonomi AKPI Bandung (1990).

                         Rangkap Jabatan                                              Concurrent Positions
Kewarganegaraan          Di dalam Bank Victoria:                                      In Bank Victoria:
Nationality              • Anggota Komite Audit Bank Victoria (sejak 2021);           • Member of Audit Committee of Bank Victoria
Indonesia / Indonesian                                                                   (since 2021);
                         • Anggota Komite Audit Bank Victoria Syariah                 • Member of Audit Committee of Bank Victoria Syariah
Tempat Lahir               (sejak 2021); dan                                             (since 2021); and
Place of Birth           • Anggota Komite Pemantau Risiko Bank Victoria               • Member of Risk Monitoring Committee of Bank
Jakarta                    Syariah (sejak 2021).                                         Victoria Syariah (since 2021).
Usia
                         Di luar Bank Victoria:                                       Outside of Bank Victoria:
Age
                         Tidak ada.                                                   None.
58 tahun / years old
                         Riwayat Jabatan                                              History of Positions
Domisili
                         • Kolektor PT Jasa Marga (1984–1986);                        • Collector of PT Jasa Marga (1984–1986);
Domicile
                         • Teller Bank Swadesi (1990-1991);                           • Teller of Bank Swadesi (1990-1991);
Jakarta
                         • Menjabat di Bank Intan (1991-1999) sebagai:                • Held positions at Bank Intan (1991-1999) as:
                            a. Sekretaris Kepala Biro Kredit;                            a. Secretary of Credit Bureau Head;
                            b. Internal Control Officer;                                 b. Internal Control Officer;
                            c. Kepala Bagian Audit Kredit dan Marketing;                 c. Credit and Marketing Audit Department Head;
                            d. Kepala Bagian Kredit Support;                             d. Credit Support Department Head;
                         • Auditor Kantor Akuntan Publik Edi Kaslim & Kantor          • Auditor of Edi Kaslim Public Accounting Firm & Gatot
                            Akuntan Publik Gatot Permadi Djuwono (1999–2002);            Permadi Djuwono Public Accounting Firm (1999–2002);
                         • Kepala Bagian Akunting Bank Harmoni (2002–2007);           • Head of Accounting Department of Bank Harmoni
                                                                                         (2002–2007);
                         • Kepala Bagian Akunting Bank Index Selindo                  • Head of Accounting Department of Bank Index
                           (2007–2008);                                                  Selindo (2007–2008);
                         • Kepala Divisi Akunting Bank Swaguna (2008–2010);           • Accounting Division Head of Bank Swaguna
                                                                                         (2008-2010);
                         • Kepala Divisi Akunting Bank Victoria Syariah               • Accounting Division Head of PT Bank Victoria Syariah
                           (2010-2014);                                                  (2010-2014);
                         • Akunting Officer PT Bank Victoria International Tbk        • Accounting Officer of PT Bank Victoria International
                           (2014);                                                       Tbk (2014);
                         • Kepala Bagian Sentral Operasional PT Bank Victoria         • Central Operational Department Head of PT Bank
                           Syariah (2014);                                               Victoria Syariah (2014);
                         • Kepala Bagian Support Pembiayaan PT Bank Victoria          • Financing Support Department Head of PT Bank
                           Syariah (2015);                                               Victoria Syariah (2015);
                         • Kepala Divisi Manajemen Risiko dan Kepatuhan               • Risk Management and Compliance Division Head of
                           PT Bank Victoria Syariah (2015-2016);                         PT Bank Victoria Syariah (2015-2016);
                         • Kepala Divisi Kepatuhan dan Sekretaris Perusahaan          • Compliance Division Head and Corporate Secretary of
                           PT Bank Victoria Syariah (2017-2019);                         PT Bank Victoria Syariah (2017-2019);
                         • Kepala Divisi Kepatuhan PT Bank Victoria Syariah           • Compliance Division Head of PT Bank Victoria Syariah
                           (2019-2020);                                                  (2019-2020);
                         • Anggota Komite Audit PT Victoria Alife Indonesia (2021);   • Member of Audit Committee of PT Victoria Alife
                           dan                                                           Indonesia (2021); and
                         • Anggota Komite Pemantau Risiko PT Victoria Alife           • Member of Risk Monitoring Committee of
                           Indonesia (2021).                                             PT Victoria Alife Indonesia (2021).

                         Sertifikasi                                                  Certification
                         • Sertifikasi Manjemen Risiko Level 1 dari Badan             • Risk Management Certification Level 1 from the Risk
                           Sertifikasi Manajemen Risiko (2007);                         Management Certification Institution (2007);
                         • Sertifikasi Manjemen Risiko Level 2 dari Badan             • Risk Management Certification Level 2 from the Risk
                           Sertifikasi Manajemen Risiko (2011);                         Management Certification Institution (2011);
                         • Sertifikasi Kepatuhan Level 1 dari Lembaga Sertifikasi     • Compliance Certification Level 1 from the Banking
                           Profesi Perbankan (2017);                                    Professional Certification Institute (2017);
                         • Sertifikasi Manjemen Risiko Level 3 dari Badan             • Risk Management Certification Level 3 from the Risk
                           Sertifikasi Manajemen Risiko (2018);                         Management Certification (2018);
                         • Sertifikasi Kepatuhan Level 2 dari Lembaga Sertifikasi     • Compliance Certification Level 2 from the Banking
                           Profesi Perbankan (2018); dan                                Professional Certification Institute (2018); and
                         • Certification in Audit Committee Practices (CACP)          • Certification in Audit Committee Practices (CACP) Batch
                           Batch XXIII dari Ikatan Komite Audit Indonesia (2023).       XXIII from Indonesian Institute of Audit Committee (2023)

                         Hubungan Afiliasi                                            Affiliation Relationship
                         Tidak memiliki hubungan afiliasi dengan anggota Dewan        Does not have any affiliation with members of Board
                         Komisaris, anggota Direksi, serta Pemegang Saham             of Commissioners, members of Board of Directors, and
                         Utama dan Pengendali.                                        Main and Controlling Shareholders.




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      Tata Kelola Perusahaan
      Good Corporate Governance




                                  Dasar Pengangkatan dan Periode Menjabat                   Basis of Appointment and Term of Office
      YOZEF                       Keputusan Direksi No. 002B/SK-DIR/11/22 tanggal           Board of Directors’ Decision No. 002B/SK-DIR/11/22
  ABDULRACHMAN                    9 November 2022 (2022-Sekarang).                          dated 9 November 2022 (2022-Now).
                                  Riwayat Pendidikan                                        Education
           Anggota                Sarjana Matematika dari Universitas Padjadjaran (1983).   Bachelor of Mathematics from Padjajaran University
           Member                                                                           (1983).

                                  Rangkap Jabatan                                           Concurrent Positions
      Kewarganegaraan
                                  Di dalam Bank Victoria:                                   In Bank Victoria:
      Nationality
                                  • Anggota Komite Audit (sejak 2019).                      • Member of Audit Committee (since 2019).
      Indonesia / Indonesian

      Tempat Lahir                Di luar Bank Victoria:                                    Outside of Bank Victoria:
      Place of Birth              • Konsultan dan Trainer/Fasilitator bidang Manajemen      • Consultant     and     Trainer/Facilitator     of   Risk
      Tasikmalaya                    Risiko (sejak 2010); dan                                 Management sector (since 2010); and
                                  • Trainer dan Fasilitator Pembekalan Sertifikasi          • Trainer and Facilitator for Briefing of Risk Management
      Usia                           Manajemen Risiko dan Surveilance/Refreshment             Certification and Risk Management Surveillance/
      Age                            Manajemen Risiko (sejak 2010);                           Refreshment (since 2010);
      66 tahun / years old
                                  Riwayat Jabatan                                           History of Position
      Domisili                    • Menjabat di PT Bank Dagang Negara sebagai:              • Held positions at PT Bank Dagang Negara as:
      Domicile                      › Officer Development Program (1985-1986);                 › Officer Development Program (1985-1986);
      Tangerang                     › System and Procedure Department Staff –                  › System and Procedure Department Staff –
                                       Electronic Data Processing Desk (1986-1987);               Electronic Data Processing Desk (1986-1987);
                                    › Technical Support Department Staff - Electronic          › Technical Support Department Staff - Electronic
                                       Data Processing Desk (1988-1989);                          Data Processing Desk (1988-1989);
                                    › Setup MIDAS Application System, Los Angeles              › MIDAS Application System Setup, Los Angeles
                                       Agency, Los Angeles, USA (1989);                           Agency, Los Angeles, USA (1989);
                                    › Programmer III - Electronic Data Processing Desk         › Programmer III - Electronic Data Processing Desk
                                       (1989-1990);                                               (1989-1990);
                                    › Kepala Seksi Pengembangan Sistem Aplikasi –              › Head of Application System Development Section
                                       Divisi Informasi Teknologi (1991-1994);                    – Information Technology Division (1991-1994);
                                    › Kepala Bagian Operasi Komputer - Divisi Informasi        › Head of Computer Operations Division –
                                       Teknologi (1995-1996); dan                                 Information Technology Division (1995-1996); and
                                    › Kepala Bagian Dukungan Pengguna – Divisi                 › Head of User Support Section – Information
                                       Informasi Teknologi (1997-1998).                           Technology Division (1997-1998).
                                  • Menjabat di PT Bank Mandiri Tbk sebagai:                • Held positions at PT Bank Mandiri Tbk as:
                                    › Project Manager Y2K (Legacy PT Bank Dagang               › Y2K Project Manager (Legacy of PT Bank Dagang
                                       Negara) (1999);                                            Negara) (1999);
                                    › Group Head, Branch IT Deployment – IT Retail             › Group Head, IT Deployment Branch – IT Retail
                                       Banking Services Delivery Division (1999-2000);            Banking Services Delivery Division (1999-2000);
                                    › Integrasi     Sistem    Aplikasi    Core   Banking       › Core Banking Application System Integration
                                       (implementasi 600 cabang) (1999-2000);                     (implementation in 600 branches) (1999-2000);
                                    › Senior Manager of Operational Risk Management            › Senior Manager of Operational Risk Management
                                       Review – Operational Risk Department – Portfolio           Review – Operational Risk Department – Portfolio
                                       and Operational Risk Management Group                      and Operational Risk Management Group
                                       (2001-2004);                                               (2001-2004);
                                    › Team Leader of Business Line II – Operational            › Team Leader of Business Line II – Operational
                                       Risk Department – Portfolio and Operational Risk           Risk Department – Portfolio and Operational Risk
                                       Management Group (2005-2006);                              Management Group (2005-2006);
                                    › Trainer Implementation and Workshop Manajemen            › Trainer of Implementation and Workshop
                                       Risiko Operasional kepada ORM Koordinator Kantor           on Operational Risk Management to ORM
                                       Wilayah, Kantor Pusat, dan Kantor Cabang Timor             Coordinators for Regional Offices, Head Office, and
                                       Leste (2006-2010);                                         Branch Offices of Timor Leste (2006-2010);
                                    › Team Leader of Policy – Operational Risk                 › Team Leader of Policy – Operational Risk
                                       Department – Market and Operational Risk Group             Department – Market and Operational Risk Group
                                       (2007-2008); dan                                           (2007-2008); and
                                    › Team Leader of MIS – Operational Risk Department         › Team Leader of MIS – Operational Risk Department
                                       – Market and Operational Risk Group (2009-2010).           – Market and Operational Risk Group (2009-2010).
                                  • Konsultan Manajemen Risiko Operasional PT Bank          • Operational Risk Management Consultant of PT Bank
                                    Agro Tbk (2011);                                           Agro Tbk (2011);
                                  • Konsultan Manajemen Risiko Operasional PT Bank          • Operational Risk Management Consultant of PT Bank
                                    Mutiara Tbk (2013);                                        Mutiara Tbk (2013);
                                  • Konsultan Mapping dan Pengukuran Eksposur               • Consultant for Mapping and Corporate Loans Portfolio
                                    Corporate Loans Portfolio PT Perusahaan Gas Negara         Exposure Measurement of PT Perusahaan Gas Negara
                                    Tbk (2014);                                                Tbk (2014);
                                  • Konsultan PT Bank Perkreditan Rakyat Sumber Artha       • Consultant of PT Bank Perkreditan Rakyat Sumber
                                    Waru Agung, Sidoarjo (2018); dan                           Artha Waru Agung, Sidoarjo (2018); and
                                  • Anggota Komite Tata Kelola Terintegrasi Bank            • Member of the Integrated Governance Committee of
                                    Victoria (2019).                                           Bank Victoria (2019).




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                                 Sertifikasi                                               Certification
                                 • Manajemen Umum Perbankan dari Lembaga                   • Banking General Management from Indonesian Banking
                                   Pengembangan Perbankan Indonesia (1990);                  Development Institute (1990);
                                 • Kursus      Pimpinan     Cabang      dari    Lembaga    • Branch Management Course from Indonesian Banking
                                   Pengembangan Perbankan Indonesia (1996);                  Development Institute (1996);
                                 • BASE-24 dari Applied Communications Inc. (ACI),         • BASE-24 Applied Communications Inc. (ACI), Nebraska,
                                   Nebrashka, USA (1996);                                    USA (1996);
                                 • Public Speaking and Business Presentation dari          • Public Speaking and Business Presentation from
                                   Tantowi Yahya Public Speaking School (2006);              Tantowi Yahya Public Speaking School (2006);
                                 • Project Management Workshop ABN Amro (2006);            • Project Management Workshop, ABN Amro (2006);
                                 • Effective    Interview   Technique      Bagus   Brain   • Effective   Interview     Technique,    Bagus   Brain
                                   Communication (2006);                                     Communication (2006);
                                 • Training Design Delivery Risk Management Academy        • Training Design Delivery Risk Management Academy
                                   dari PT Bank Mandiri Tbk (2009);                          from PT Bank Mandiri Tbk (2009);
                                 • Training for Trainers Risk Management Certification     • Training for Trainers Risk Management Certification
                                   Level 2 dari Bankers Association for Risk Management      Level 2 from Bankers Association for Risk Management
                                   (2010);                                                   (2010);
                                 • Risk Management Certification Refreshment Program       • Risk Management Certification Refreshment Program,
                                   dari Bankers Association for Risk Management (2015);      Bankers Association for Risk Management (2015);
                                 • Risk Management Certification Refreshment Program       • Risk Management Certification Refreshment Program,
                                   dari Lembaga Pengembangan Perbankan Indonesia             Bankers Association for Risk Management (2020);
                                   (2020);
                                 • Sertifikasi Manjemen Risiko Level 2 dari Badan          • Risk Management Certification Level 2 from the Risk
                                   Sertifikasi Manajemen Risiko (2020);                      Management Certification Institution (2020);
                                 • Pelatihan Dasar-Dasar Perbankan Syariah dari Karim      • Training on the Basics of Sharia Banking by Karim
                                   Consulting Indonesia (2022); dan                          Consulting Indonesia (2022); and
                                 • Training Methodology Instructor Kerangka Kualifikasi    • Training Methodology Instructor, Indonesia National
                                   Nasional Indonesia Level 4 dari Badan Nasional            Qualification Framework Level 4 from National
                                   Sertifikasi Profesi, Lembaga Sertifikasi Profesi-         Professional Certification Agency, Profession Certification
                                   Instruktur Kompeten Indonesia (2023).                     Institute-Indonesia Competent Instructor (2023).
                                 Hubungan Afiliasi                                         Affiliation Relationship
                                 Tidak memiliki hubungan afiliasi dengan anggota Dewan     Does not have any affiliation with members of Board
                                 Komisaris, anggota Direksi, serta Pemegang Saham          of Commissioners, members of Board of Directors, and
                                 Utama dan Pengendali.                                     Main and Controlling Shareholders.




Independensi Komite Pemantau Risiko                                       Independency of Risk Monitoring Committee
Komite Pemantau Risiko Bank telah memenuhi aspek                          The Bank’s Risk Monitoring Committee has fulfilled the following
independensi berikut:                                                     independency aspects:
1. Tidak memiliki hubungan keuangan dengan Dewan Komisaris,               1. Does not have financial relationship with the Board of
    Direksi, serta Pemegang Saham Utama dan Pengendali;                       Commissioners, Board of Directors, and Main and Controlling
                                                                              Shareholders;
2. Tidak memiliki hubungan kepemilikan saham di Bank, baik                2. Does not have share ownership relationship in the Bank,
   secara langsung maupun tidak langsung;                                     either directly or indirectly;
3. Tidak memiliki hubungan kepengurusan di Bank, Entitas                  3. Does not have management relationship in the Bank,
   Anak, maupun perusahaan afiliasi;                                          Subsidiary, and affiliated company;
4. Tidak memiliki hubungan keluarga dengan Dewan Komisaris,               4. Does not have family relationship with the Board of
   Direksi, Pemegang Saham Utama dan Pengendali, dan/atau                     Commissioners, Board of Directors, Main and Controlling
   sesama anggota Komite Pemantau Risiko; dan                                 Shareholders, and/or among members of Risk Monitoring
                                                                              Committee; and
5. Tidak menjabat sebagai pengurus partai politik, pejabat, dan           5. Does not hold position as administrator of political party,
   pemerintah.                                                                state, and government.


Rapat Komite Pemantau Risiko                                              Risk Monitoring Committee’s Meetingting
Komite Pemantau Risiko minimal melaksanakan 6 (enam) kali                 The Risk Monitoring Committee shall hold at least 6 (six)
rapat dalam 11 (sebelas) per tahun. Rapat dapat diselenggarakan           meetings in 11 (eleven) year. A meeting can be held if attended
apabila dihadiri minimal 51% dari jumlah anggota termasuk                 by at least 51% of the total members, including an Independent
seorang Komisaris Independen dan pihak independen.                        Commissioner and independent party.


Frekuensi kehadiran Komite Pemantau Risiko dalam rapat selama             The frequency of attendance of the Risk Monitoring Committee
tahun 2023 ditunjukkan sebagai berikut:                                   at meetings throughout 2023 is shown as follows:




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      Tata Kelola Perusahaan
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           Nama                        Jabatan                Total Rapat                 Total Kehadiran           Tingkat Kehadiran (%)
           Name                        Position              Total Meetings              Total Attendance            Attendance Rate (%)

                             Ketua
 Gunawan Tenggarahardja                                             11                            11                          100.00
                             Chairperson

                             Anggota
 Zaenal Abidin, Ph.D                                                11                            11                          100.00
                             Member

                             Anggota
 Medi Sejati                                                        11                            11                          100.00
                             Member

                             Anggota
 Yozef Abdulrachman                                                 11                            11                          100.00
                             Member



Agenda Rapat Komite Pemantau Risiko                                      Meeting Agenda Risk Management Activities
Agenda yang dibahas dalam rapat Komite Pemantau Risiko                   Agenda discussed at the Risk Monitoring Committee’s meeting
khususnya terkait Laporan Profil Risiko, Laporan Tingkat                 is specifically related to the Risk Profile Report, Risk-Based
Kesehatan Bank berbasis Risiko (RBBR), kebijakan manajemen               Bank Rating (RBBR) Report, risk management policies, risk
risiko, risk management framework, Laporan Direktur Kepatuhan,           management framework, Compliance Director Report, and risk
dan risk register risk taking unit.                                      register risk taking unit.


Laporan Singkat Pelaksanaan Kegiatan Komite                              Brief Report on Implementation of Risk
Pemantau Risiko Tahun 2023                                               Monitoring Committee’s Activities in 2023
Selain menyelenggarakan rapat secara berkala, Komite                     In addition to holding regular meetings, the Risk Monitoring
Pemantau Risiko telah berhasil menjalankan program-program               Committee has successfully implemented the committee
komite melalui serangkaian kegiatan sebagai berikut:                     programs through a series of the following activities:
1. Menyampaikan Laporan Tahunan Komite Pemantau Risiko di                1. Submitting the Risk Monitoring Committee Annual Report
    tahun 2022;                                                              2022;
2. Melakukan penelaahan Laporan Kepatuhan;                               2. Reviewing the Compliance Report;
3. Menyampaikan recana kerja Komite Pemantau Risiko tahun                3. Submitting the Risk Monitoring Committee Work Plan 2024;
    2024;
4. Melakukan penelaahan Laporan Profil Risiko Triwulanan;                4. Reviewing the Quarterly Risk Report;
5. Melakukan penelaahan Laporan Tingkat Kesehatan Bank                   5. Reviewing the Risk-Based Bank Rating Report;
    Berbasis Risiko;
6. Menelaah Piagam Komite Pemantau Risiko; dan                           6. Reviewing the Risk Monitoring Committee Charter; and
7. Menelaah Laporan Direktur Kepatuhan.                                  7. Reviewing the Compliance Director’s Report.


Pelatihan dan/atau Peningkatan Komite                                    Risk Monitoring Committee’s Training and/or
Pemantau Risiko                                                          Development Programs
Selama tahun 2023, Komite Pemantau Risiko telah mengikuti                Throughout 2023, the Risk Monitoring Committee attended
pelatihan dan/atau peningkatan kompetensi sebagai berikut:               training and/or competency developments as follows:




  Nama dan Jabatan                                             Materi Pelatihan dan Penyelenggara
  Name and Position                                             Training Materials and Organizers

 Gunawan Tenggarahardja   Pelatihan dan/atau Peningkatan dapat dilihat pada bagian   Training and/or Development can be seen in the Board of
 Ketua                    Pelatihan dan/atau Peningkatan Dewan Komisaris.            Commissioners’ Training and/or Development section.
 Chairperson

 Zaenal Abidin, Ph.D
 Anggota
 Member




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  Nama dan Jabatan                                                Materi Pelatihan dan Penyelenggara
  Name and Position                                                Training Materials and Organizers

 Medi Sejati            1. Komite Audit (oleh Ikatan Komite Audit Indonesia);              1. Audit Committee (by Indonesian Institute of Audit
 Anggota                                                                                      Committee);
 Member                 2. Audit Internal (oleh Ikatan Komite Audit Indonesia);            2. Internal Audit (by Indonesian Institute of Audit
                                                                                              Committee);
                        3. Pengawasan terhadap Pengendalian Internal (oleh Ikatan          3. Internal Control Supervision (by Indonesian Institute of
                           Komite Audit Indonesia);                                           Audit Committee);
                        4. Pengawasan terhadap Audit Eksternal (oleh Ikatan                4. External Audit Supervision (by Indonesian Institute of
                           Komite Audit Indonesia);                                           Audit Committee);
                        5. GCG dan Compliance (oleh Ikatan Komite Audit Indonesia);        5. GCG and Compliance (by Indonesian Institute of Audit
                                                                                              Committee);
                        6. Pengawasan Informasi Keuangan (oleh Ikatan Komite               6. Financial Information Supervision (by Indonesian
                           Audit Indonesia); dan                                              Institute of Audit Committee); and
                        7. Manajemen Risiko (oleh Ikatan Komite Audit Indonesia).          7. Risk Management (by Indonesian Institute of Audit
                                                                                              Committee).

 Yozef Abdulrachman     1. Menyusun Program Pelatihan Kerja (oleh Lembaga                  1. Preparing Job Training Program (by Profession
 Anggota                   Sertifikasi Profesi – Instruktur Kompeten Indonesia);               Certification Institute-Indonesia Competent Instructor);
 Member                 2. Merencanakan Penyajian Materi Pelatihan Kerja (oleh             2. Planning the Presentation of Job Training Material
                           Lembaga Sertifikasi Profesi – Instruktur Kompeten Indonesia);       (Profession Certification Institute-Indonesia Competent
                                                                                               Instructor);
                        3. Merencanakan Evaluasi Hasil Pembelajaran (oleh Lembaga          3. Planning the Learning Outcomes Evaluation (by
                           Sertifikasi Profesi – Instruktur Kompeten Indonesia);               Profession Certification Institute-Indonesia Competent
                        4. Melaksanakan Pelatihan Tatap Muka (Face to Face)                    Instructor);
                           (oleh Lembaga Sertifikasi Profesi – Instruktur Kompeten         4. Conducting a Face to Face Training (by Profession
                           Indonesia);                                                         Certification Institute-Indonesia Competent Instructor);
                        5. Menerapkan Kesehatan dan Keselamatan Kerja (K3) di              5. Implementing Occupational Health and Safety (OHS)
                           Lembaga Pelatihan Kerja (oleh Lembaga Sertifikasi Profesi           in Job Training Institution (by Profession Certification
                           – Instruktur Kompeten Indonesia);                                   Institute-Indonesia Competent Instructor);
                        6. Mengelola Pemenuhan Persyaratan Bahasa, Literasi, dan           6. Managing the Language, Literacy, and Numeracy
                           Berhitung dalam Proses Pembelajaran (oleh Lembaga                   Requirements in Learning Process (by Profession
                           Sertifikasi Profesi – Instruktur Kompeten Indonesia);               Certification Institute-Indonesia Competent Instructor);
                        7. Menilai Kemajuan Kompetensi Peserta Pelatihan secara            7. Individually Assessing Competency Progress of Training
                           Individu (oleh Lembaga Sertifikasi Profesi – Instruktur             Participants (by Profession Certification Institute-
                           Kompeten Indonesia);                                                Indonesia Competent Instructor);
                        8. Menentukan Kebutuhan Pelatihan Individu (oleh Lembaga           8. Determining Individual Needs of Training Participants (by
                           Sertifikasi Profesi – Instruktur Kompeten Indonesia);               Profession Certification Institute-Indonesia Competent
                                                                                               Instructor);
                        9. Merancang Strategi Pembelajaran (oleh Lembaga                   9. Designing Learning Strategies (by Profession Certification
                            Sertifikasi Profesi – Instruktur Kompeten Indonesia);              Institute-Indonesia Competent Instructor);
                        10. Mengelola Bahan Pelatihan Kerja (oleh Lembaga Sertifikasi      10. Managing Job Training Materials (by Profession
                            Profesi – Instruktur Kompeten Indonesia);                          Certification Institute-Indonesia Competent Instructor);
                        11. Mengelola Peralatan Pelatihan Kerja (oleh Lembaga              11. Managing Job Training Equipment            (by Profession
                            Sertifikasi Profesi – Instruktur Kompeten Indonesia);              Certification Institute-Indonesia Competent Instructor);
                        12. Menyiapkan Pelaksanaan Pelatihan/Asesmen Berbasis              12. Preparing the Competency-Based Training/Assessment
                            Kompetensi (oleh Lembaga Sertifikasi Profesi – Instruktur          (by     Profession     Certification   Institute-Indonesia
                            Kompeten Indonesia);                                               Competent Instructor);
                        13. Melaksanakan Pelatihan Berbasis Kompetensi (PBK)               13. Conducting the Competency-Based Training (CBT) (by
                            (oleh Lembaga Sertifikasi Profesi – Instruktur Kompeten            Profession Certification Institute-Indonesia Competent
                            Indonesia); dan                                                    Instructor); and
                        14. Melakukan Asesmen Berbasis Kompetensi (oleh Lembaga            14. Conducting the Competency-Based Assessment (by
                            Sertifikasi Profesi – Instruktur Kompeten Indonesia).              Profession Certification Institute




Komite Nominasi dan Remunerasi                                                Nomination and Remuneration Committee

Komite Nominasi dan Remunerasi membantu Dewan Komisaris                       The Nomination and Remuneration Committee assists the Board
dalam mengawasi kebijakan nominasi dan remunerasi untuk                       of Commissioners in overseeing nomination and remuneration
anggota Dewan Komisaris dan Direksi. Pembentukan komite                       policies for members of the Board of Commissioners and Board of
juga bertujuan memastikan pelaksanaan tugas penerapan tata                    Directors. The committee establishment also aims to ensure the
kelola Dewan Komisaris dan memenuhi persyaratan dari otoritas                 implementation of the Board of Commissioners’ governance duties
pengawas Bank.                                                                and fulfill the requirements of the Bank’s supervisory authority.




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      Good Corporate Governance




Pedoman Komite Nominasi dan Remunerasi                                 Nomination and Remuneration Committee
                                                                       Charter
Pelaksanaan tugas Komite Nominasi dan Remunerasi mengacu               The implementation of the Nomination and Remuneration
pada Pedoman Kerja Komite Nominasi dan Remunerasi                      Committee’s duties refers to the Nomination and Remuneration
yang dimutakhirkan melalui Keputusan Dewan Komisaris                   Committee Charter which were updated through Board of
No. 003/SK-KOM/09/18 tanggal 20 September 2018 tentang                 Commissioners’ Decision No. 003/SK-KOM/09/18 dated
Pedoman Komite Nominasi dan Remunerasi PT Bank Victoria                20 September 2018 on Guidelines of Nomination and
International Tbk.                                                     Remuneration Committee of PT Bank Victoria International Tbk.


Tugas dan Tanggung Jawab Komite Nominasi dan                           Duties and Responsibilities of Nomination and
Remunerasi                                                             Remuneration Committee
Tugas dan tanggung jawab Komite Nominasi dan Remunerasi                Duties and responsibilities of the Nomination and Remuneration
sebagai berikut:                                                       Committee are as follows:
1. Kebijakan Nominasi:                                                 1. Nomination Policy:
    a. Menyusun dan merekomendasikan sistem dan prosedur                   a. To prepare and recommend system and procedure
        pemilihan atau penggantian anggota Dewan Komisaris                     of selection or replacement of members of Board of
        dan Direksi kepada Dewan Komisaris untuk disampaikan                   Commissioners and Board of Directors to the Board of
        kepada RUPS;                                                           Commissioners to be proposed to the GMS;
    b. Memberikan rekomendasi tentang calon anggota Dewan                  b. To give recommendations about the candidates for the
        Komisaris dan/atau Direksi kepada Dewan Komisaris                      Board of Commissioners and/or Board of Directors to the
        untuk disampaikan kepada RUPS;                                         Board of Commissioners to be proposed to the GMS;
    c. Memberikan rekomendasi kepada Dewan Komisaris                       c. To give recommendations to the Board of Commissioners
        mengenai pihak independen yang akan menjadi anggota                    on independent party who will become member of Audit
        Komite Audit serta anggota Komite Pemantau Risiko; dan                 Committee and member of Risk Monitoring Committee; and
    d. Menyusun mekanisme dan melakukan penilaian kinerja                  d. To develop mechanisms and assess the performance of
        Direksi dan Dewan Komisaris.                                           the Board of Directors and Board of Commissioners.
2. Kebijakan Remunerasi:                                               2. Remuneration Policy:
    a. Menyusun dan mengevaluasi remunerasi untuk anggota                  a. To prepare and evaluate remuneration for members of the
        Dewan Komisaris, Direksi, dan Pejabat Eksekutif hingga 1               Board of Commissioners, Board of Directors, and Executive
        (satu) tingkat di bawah Direksi;                                       Officers up to 1 (one) level below the Board of Directors;
    b. Memberikan rekomendasi kepada Dewan Komisaris                       b. To give recommendations to the Board of Commissioners
        mengenai kebijakan remunerasi untuk Dewan Komisaris                    on remuneration policy for the Board of Commissioners
        dan Direksi yang akan disampaikan kepada RUPS, serta                   and Board of Directors to be proposed to the GMS, and
        kebijakan remunerasi untuk Pejabat Eksekutif hingga 1                  remuneration policy for Executive Officers up to 1 (one)
        (satu) tingkat di bawah Direksi yang akan disampaikan                  level below the Board of Directors to be proposed to the
        kepada Direksi; dan                                                    Board of Directors; and
    c. Dalam pelaksanaan tugas remunerasi, memperhatikan                   c. In performing remuneration duty, consider financial
        kinerja keuangan, pemenuhan cadangan sesuai peraturan                  performance, fulfillment of reserve in accordance with
        perundang-undangan, prestasi kerja individu, kewajaran                 laws and regulations, individual work achievement,
        dengan peer group, dan pertimbangan terhadap sasaran                   fairness with peer group, and consideration of the Bank’s
        dan strategi jangka panjang Bank.                                      long-term goals and strategies.
3. Tugas Lainnya:                                                      3. Other Duties:
    a. Membantu Dewan Komisaris dalam memberikan                           a. To assist the Board of Commissioners in giving
        rekomendasi tentang jumlah anggota Dewan Komisaris                     recommendations about the number of members of the
        dan Direksi; dan                                                       Board of Commissioners and Board of Directors; and
    b. Membantu Direksi dalam mengevaluasi sistem Human                    b. To assist the Board of Directors in evaluating the Human
        Capital Management & General Affair, serta kebijakan                   Capital Management & General Affair system, and human
        pengembangan sumber daya manusia, termasuk                             capital development policy, including recruitment,
        rekrutmen, asesmen, peningkatan kompetensi, evaluasi,                  assessment, competency development, evaluation,
        promosi, demosi, terminasi, suksesi, seleksi, dan tugas                promotion, demotion, termination, succession, selection,
        lainnya.                                                               and other duties.




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Komposisi dan Masa Jabatan Komite Nominasi                                             Composition and Term of Office of the
dan Remunerasi                                                                         Nomination and Remuneration Committee
Anggota Komite Nominasi dan Remunerasi Bank minimal terdiri                            Members of the Bank’s Nomination and Remuneration
dari seorang Komisaris Independen, seorang Komisaris, dan                              Committee consist of at least one Independent Commissioner,
seorang Pejabat Eksekutif yang membawahi Divisi Human Capital                          one Commissioner, and an Executive Officer in charge of the
Management. Masa jabatan Komite Nominasi dan Remunerasi                                Human Capital Management Division. The term of office of the
tidak boleh lebih lama dari masa jabatan Dewan Komisaris dan                           Nomination and Remuneration Committee cannot be longer
dapat dipilih kembali untuk periode berikutnya.                                        than the term of office of the Board of Commissioners and can be
                                                                                       re-elected for the next period.


Pada tahun 2023, jumlah dan komposisi Komite Nominasi                                  In 2023, the number and composition of Bank Victoria’s
dan Remunerasi Bank Victoria berdasarkan Keputusan Direksi                             Nomination and Remuneration Committee were based on Board
No. 002C/DIR-EKS/11/22 tanggal 9 November 2022, sebagai                                of Directors’ Decision Letter No. 002C/DIR-EKS/11/22 dated
berikut:                                                                               9 November 2022, as follows:




            Nama                        Posisi di Komite                                   Jabatan di Bank                                Keahlian
            Name                   Position in the Committee                             Position at the Bank                             Expertise
 Gunawan Tenggarahardja           Ketua                                Komisaris/Komisaris Independen                               Perbankan
                                  Chairperson                          Commissioner/Independent Commissioner                        Banking

 Sia Leng Ho                      Anggota                              Komisaris                                                    Bisnis
                                  Member                               Commissioner                                                 Business

 Syahda Candra                    Anggota                              Kepala Divisi Human Capital Management & General Affair      Human Capital
                                  Member                               Head of Human Capital Management & General Affair Division



Profil Komite Nominasi dan Remunerasi
Nomination and Remuneration Committee’s Profile

             GUNAWAN TENGGARAHARDJA                                                                             SIA LENG HO

                                      Ketua                                                                         Anggota
                                    Chairperson                                                                     Member


Dasar Hukum Penunjukkan dan Periode Menjabat Dasar Pengangkatan
Basis of Appointment and Term of Office
Keputusan Direksi No. 002C/DIR-EKS/11/22 tanggal 9 November 2022 (2022-Sekarang).
Board of Directors’ Decision No. 002C/DIR-EKS/11/22 dated 9 November 2022 (2022-Now).

Profil dapat dilihat pada profil Dewan Komisaris.
Profile can be seen in the Board of Commissioners’ profile chapter.




                                                                      2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      207
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      Tata Kelola Perusahaan
      Good Corporate Governance




                                   Dasar Pengangkatan dan Periode Menjabat                Basis of Appointment and Term of Office
                                   Keputusan Direksi No. 002C/DIR-EKS/11/22 tanggal       Board of Directors’ Decision No. 002C/DIR-EKS/11/22
   SYAHDA CANDRA                   9 November 2022 (2022-Sekarang).                       dated 9 November 2022 (2022-Now).

                                   Riwayat Pendidikan                                     Education
             Anggota
                                   Sarjana Psikologi dari Universitas Persada Indonesia   Bachelor of Psychology from Persada Indonesia YAI
             Member
                                   YAI, Jakarta (1998).                                   University, Jakarta (1998).

                                   Rangkap Jabatan                                        Concurrent Positions
      Kewarganegaraan              Di dalam Bank Victoria:                                In Bank Victoria:
      Nationality                  Kepala Divisi Human Capital Management & General       Head of Human Capital Management & General Affair
      Indonesia / Indonesian       Affair Bank Victoria (sejak 2019).                     Division of Bank Victoria (since 2019).

      Tempat Lahir                 Di luar Bank Victoria:                                 Outside of Bank Victoria:
      Place of Birth               Tidak ada.                                             None.
      Jakarta
                                   Riwayat Jabatan                                        History of Position
      Usia                         • Senior Staff Human Resource Department               • Senior Staff of Human Resource Department
      Age                            (Recruitment and Man Power) PT Bank Ekonomi             (Recruitment and Manpower) of PT Bank Ekonomi
      50 tahun / years old           Rahardja (1997-2000);                                   Rahardja (1997-2000);
                                   • Assistant Manager Human Resource Department          • Assistant Manager of Human Resource Department
      Domisili
                                     PT Hawaii Confectionery Factory (2001-2002);            of PT Hawaii Confectionery Factory (2001-2002);
      Domicile
                                   • Supervisor     Human       Resource     Department   • Supervisor of Human Resource Department of
      Jakarta
                                     PT JS Multi Collection (2002-2003); dan                 PT JS Multi Collection (2002-2003); and
                                   • Menjabat di Bank Victoria sebagai:                   • Held positions at Bank Victoria as:
                                     › Kepala Divisi Human Resource and General Affair       a. Head of Human Resources and General Affair
                                        (2003-2012);                                            Division (2003-2012);
                                     › Kepala Divisi Human Capital Management                b. Head of Human Capital Management Division
                                        (2012-2017); dan                                        (2012-2017); and
                                   • Kepala Divisi Human Resource and General Affair      • Head of Human Resources and General Affair
                                     (2019).                                                 Division (2019).

                                   Sertifikasi                                            Certification
                                   Sertifikasi bidang Manajemen Risiko Perbankan Level    Certification in Banking Risk Management Level 3 from the
                                   3 dari Lembaga Sertifikasi Profesi Perbankan (2021-    Banking Professional Certification Institute (2021-2023).
                                   2023).

                                   Hubungan Afiliasi                                      Affiliation Relationship
                                   Tidak memiliki hubungan afiliasi dengan anggota        Does not have any affiliation with members of Board
                                   Dewan Komisaris, anggota Direksi, serta Pemegang       of Commissioners, members of Board of Directors, and
                                   Saham Utama dan Pengendali.                            Main and Controlling Shareholders.


Independensi Komite Nominasi dan Remunerasi                             Independency of Nomination and Remuneration
                                                                        Committee
Komite Nominasi dan Remunerasi Bank telah memenuhi aspek                The Bank’s Nomination and Remuneration Committee has
independensi berikut:                                                   fulfilled the following independency aspects:
1. Tidak memiliki hubungan keuangan dengan Dewan Komisaris,             1. Does not have financial relationship with the Board of
    Direksi, serta Pemegang Saham Utama dan Pengendali;                      Commissioners, Board of Directors, and Main and Controlling
                                                                             Shareholders;
2. Tidak memiliki hubungan kepemilikan saham di Bank, baik              2. Does not have share ownership relationship in the Bank,
   secara langsung maupun tidak langsung;                                    either directly or indirectly;
3. Tidak memiliki hubungan kepengurusan di Bank, Entitas                3. Does not have management relationship in the Bank,
   Anak, maupun perusahaan afiliasi;                                         Subsidiary, and affiliated company;
4. Tidak memiliki hubungan keluarga dengan Dewan Komisaris,             4. Does not have family relationship with the Board of
   Direksi, Pemegang Saham Utama dan Pengendali, dan/atau                    Commissioners, Board of Directors, Main and Controlling
   sesama anggota Komite Nominasi dan Remunerasi; dan                        Shareholders, and/or among members of Nomination and
                                                                             Remuneration Committee; and
5. Tidak menjabat sebagai pengurus partai politik, pejabat, dan         5. Does not hold position as administrator of political party,
   pemerintah.                                                               state, and government.


Rapat Komite Nominasi dan Remunerasi                                    Nomination and Remuneration Committee’s
                                                                        Meeting
Komite Nominasi dan Remunerasi minimal melaksanakan                     The Nomination and Remuneration Committee shall hold at
4 (empat) kali rapat dalam 1 (satu) tahun. Rapat dapat                  least 4 (four) meetings in 1 (one) year. A meeting can be held
diselenggarakan apabila dihadiri minimal 51% dari jumlah                if attended by at least 51% of the total members, including an
anggota termasuk seorang Komisaris Independen dan Pejabat               Independent Commissioner and Executive Officer. The frequency
Eksekutif. Frekuensi kehadiran Komite Nominasi dan Remunerasi           of attendance of the Nomination and Remuneration Committee




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dalam rapat selama tahun 2023 ditunjukkan sebagai berikut:               at meetings throughout 2023 is shown as follows:


          Nama                        Jabatan                 Total Rapat                 Total Kehadiran           Tingkat Kehadiran (%)
          Name                        Position               Total Meetings              Total Attendance            Attendance Rate (%)
                            Ketua
 Gunawan Tenggarahardja                                              7                             7                          100.00
                            Chairperson

                            Anggota
 Sia Leng Ho                                                         7                             7                          100.00
                            Member

                            Anggota
 Syahda Candra                                                       7                             7                          100.00
                            Member



Agenda Rapat Komite Nominasi dan Remunerasi                              Nomination and Remuneration Committee’s
                                                                         Meeting Agenda
Agenda yang dibahas dalam rapat Komite Nominasi dan                      Agenda discussed at the Nomination and Remuneration Committee’s
Remunerasi khususnya terkait penerimaan Advisor of Finance               meeting is specifically related to the acceptance of Advisor of
and Accounting; evaluasi tunjangan operasional; Kebijakan                Finance & Accounting; operational allowances evaluation; 2022-
Pedoman Gratifikasi/Bonus Tahun 2022-2023 bagi pengurus dan              2023 Gratification/Bonus Guidelines policy for Bank’s management
pegawai Bank untuk direkomendasikan kepada Dewan Komisaris;              and employees to be recommended to the Board of Commissioners;
rekomendasi Direktur Operasional & IT; rekomendasi tunjangan             recommendation for Director of Operations & IT; year-end allowances
akhir tahun bagi pengurus dan pegawai; rekomendasi SEVP of               recommendation for management and employees; recommendation
Finance, Accounting & MIS; dan evaluasi komposisi Direksi dan            for SEVP of Finance, Accounting & MIS; and the evaluation of
Pejabat Eksekutif.                                                       composition of the Board of Directors and Executive Officers.


Laporan Singkat Pelaksanaan Kegiatan Komite                              Brief Report on Implementation of Nomination
Nominasi dan Remunerasi Tahun 2023                                       and Remuneration Committee’s Activities in 2023
Selain menyelenggarakan rapat secara berkala, Komite Nominasi            In addition to holding regular meetings, the Nomination and
dan Remunerasi telah berhasil menjalankan program-program                Remuneration has managed to implemented the committee’s
komite melalui serangkaian kegiatan sebagai berikut:                     programs as follows:
1. Melakukan penerimaan Advisor of Finance and Accounting;               1. Conducting acceptance of Advisor of Finance and Accounting;
2. Mengevaluasi tunjangan operasional bagi Direksi dan SEVP;             2. Evaluating the operational allowances for the Board of
                                                                             Directors and SEVP;
3. Menelaah Kebijakan Pedoman Gratifikasi/Bonus Tahun                    3. Reviewing the 2022-2023 Gratification/Bonus Guidelines
   2022-2023 bagi pengurus dan pegawai Bank untuk                            policy for Bank’s management and employees to be
   direkomendasikan kepada Dewan Komisaris;                                  recommended to the Board of Commissioners;
4. Memberikan rekomendasi Direktur Operasional & IT;                     4. Providing recommendation for Director of Operations & IT;
5. Memberikan rekomendasi tunjangan akhir tahun bagi                     5. Providing year-end allowances recommendation for
   pengurus dan pegawai; dan                                                 management and employees; and
6. Memberikan rekomendasi SEVP of Finance, Accounting & MIS.             6. Providing recommendation for SEVP of Finance, Accounting
                                                                             & MIS.


Pelatihan dan/atau Peningkatan Komite                                    Nomination and Remuneration Committee’s
Nominasi dan Remunerasi                                                  Training and/or Development Programs
Selama tahun 2023, Komite Nominasi dan Remunerasi telah                  Throughout 2023, the Nomination and Remuneration Committee
mengikuti pelatihan dan/atau peningkatan kompetensi sebagai              attended training and/or competency developments as follows:
berikut:


  Nama dan Jabatan                                             Materi Pelatihan dan Penyelenggara
  Name and Position                                             Training Materials and Organizers

 Gunawan Tenggarahardja   Pelatihan dan/atau Peningkatan dapat dilihat pada bagian   Training and/or Development can be seen in the Board of
 Ketua                    Pelatihan dan/atau Peningkatan Dewan Komisaris.            Commissioners’ Training and/or Development section.
 Chairperson

 Sia Leng Ho
 Anggota
 Member




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  Nama dan Jabatan                                               Materi Pelatihan dan Penyelenggara
  Name and Position                                               Training Materials and Organizers

 Syahda Candra            1. Outlook Industri Jasa Keuangan di Tahun 2023 (oleh          1. 2023 Financial Services Industry (by Otoritas Jasa
 Anggota                      Otoritas Jasa Keuangan Institute);                             Keuangan Institute);
 Member                   2. Tren Perbankan di Tahun 2023 (oleh Otoritas Jasa            2. 2023 Banking Trends (by Otoritas Jasa Keuangan
                              Keuangan Institute);                                           Institute);
                          3. Team Building dan Outbond: Together We Growth (oleh         3. Team Building dan Outbond: Together We Growth (by
                              Otoritas Jasa Keuangan Institute);                             Otoritas Jasa Keuangan Institute);
                          4. Philosophy that Flows in My Soul (oleh Bank Victoria);      4. Philosophy that Flows in My Soul (by Bank Victoria);
                          5. Governance, Risk, and Compliance (oleh Bank Victoria);      5. Governance, Risk, and Compliance (by Bank Victoria);
                          6. Lesson Learned Kasus Silicon Valley Bank (oleh Lembaga      6. Lesson Learned from the Case of Silicon Valley Bank (by
                              Pengembangan Perbankan Indonesia);                             Indonesian Banking Development Institution);
                          7. ISO 27001 - Sistem Manajemen Keamanan Informasi             7. ISO 27001 – Information Security Management System
                              (oleh Veda Praxis);                                            (by Veda Praxis);
                          8. Refreshment Sertifikasi Manajemen Risiko: Risk in Digital   8. Risk Management Certification Refreshment: Risk in
                              World (oleh PT Efektifpro Knowledge Source);                   Digital World (by PT Efektifpro Knowledge Source);
                          9. Expert Sharing Outlook Banking Regulation (oleh             9. Expert Sharing Outlook Banking Regulation (by
                              Lembaga Pengembangan Perbankan Indonesia);                     Indonesian Banking Development Institution);
                          10. Aspek Hukum dan Dokumen Pembukaan Rekening                 10. Legal Aspect and Documents for Opening a Corporate
                              Perusahaan (oleh Bank Victoria);                               Account (by Bank Victoria);
                          11. Anti Fraud Management for Leaders Batch 2 (oleh            11. Anti-Fraud Management for Leaders Batch 2 (by
                              PT Kanatta Daya Indonesia);                                    PT Kanatta Daya Indonesia);
                          12. Refreshment Pencegahan Tindak Pidana Pencucian             12. Refreshment on Prevention of Criminal Acts of Anti
                              Uang, Pencegahan Pendanaan Terorisme dan                       Money Laundering, Counter Terrorism Financing, and
                              Pencegahan Pendanaan Proliferasi Senjata Pemusnah              Prevention of Funding for Proliferation of Weapons of
                              Massal berdasarkan Peraturan Otoritas Jasa Keuangan            Mass Destruction based on Financial Services Authority
                              No. 8 Tahun 2023 (oleh PT Andara Sarana);                      Regulation No. 8 of 2023 (by PT Andara Sarana);
                          13. Expert Sharing Session - Keuangan Berkelanjutan (oleh      13. Expert Sharing Session - Sustainable Finance (by Otoritas
                              Otoritas Jasa Keuangan Institute);                             Jasa Keuangan Institute);
                          14. Mastering Yourself: Optimalkan Potensi dan Tingkatkan      14. Mastering Yourself: Optimizing Potentials and Improving
                              Kinerja di Era Digital Confirmation (oleh Otoritas Jasa        Performances in the Digital Confirmation Era (by Otoritas
                              Keuangan Institute); dan                                       Jasa Keuangan Institute); and
                          15. OJK’s Year-End Knowledge Sharing Session (oleh Otoritas    15. OJK’s Year-End Knowledge Sharing Session (by Otoritas
                              Jasa Keuangan Institute).                                      Jasa Keuangan Institute).




Komite Audit                                                                Audit Committee

Komite Audit dibentuk untuk mendukung Dewan Komisaris                       The Audit Committee is established to assist the Board of
dalam melakukan pengawasan yang efektif dan independen                      Commissioners in performing effective and independent
terhadap pencatatan keuangan, manajemen risiko, pengendalian                supervision of financial records, risk management, internal
internal, serta memantau kepatuhan terhadap peraturan dan                   control, and monitoring compliance with the applicable laws and
undang-undang yang berlaku.                                                 regulations.


Pedoman Komite Audit                                                        Audit Committee Charter
Pelaksanaan tugas Komite Audit mengacu pada Piagam Komite                   The implementation of Audit Committee’s duties is based on
Audit yang dimutakhirkan melalui Keputusan Dewan Komisaris                  the Audit Committee Charter which was updated under the
No. 001/SK-KOM/12/23 tanggal 6 Desember 2023 tentang                        Board of Commissioners’ Decision No. 001/SK-KOM/12/23 dated
Piagam dan Pedoman Kerja Komite Audit PT Bank Victoria                      6 December 2023 on the Charter and Work Guidelines of the
International Tbk.                                                          Audit Committee of PT Bank Victoria International Tbk.


Tugas dan Tanggung Jawab Komite Audit                                       Duties and Responsibilities of Audit Committee
Tugas dan tanggung jawab Komite Audit sebagai berikut:                      Duties and responsibilities of the Audit Committee are as follows:
1. Melakukan penelaahan dan klarifikasi atas informasi                      1. Reviewing and clarifying the financial information to be
   keuangan yang akan dikeluarkan kepada publik dan/atau                        issued to the public and/or authorities;
   pihak otoritas;
2. Melakukan seleksi, penunjukan, dan pengawasan pekerjaan                  2. Selecting, appointing, and monitoring independent auditor’s
   auditor independen;                                                         work;
3. Mengevaluasi efektivitas pelaksanaan pekerjaan auditor                   3. Evaluating the effectiveness of implementation of
   independen;                                                                 independent auditor function;
4. Melakukan seleksi, penunjukan, dan pengawasan pekerjaan                  4. Selecting, appointing, and monitoring Independent Auditor’s
   Auditor Independen terkait kinerja SKAI & Anti Fraud 3 (tiga)               work related to triennial SKAI & Anti-Fraud performances;
   tahunan;                                                                 5. Evaluating the effectiveness of implementation of internal
5. Mengevaluasi efektivitas pelaksanaan fungsi audit internal;                 audit function;




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6. Mengevaluasi efektivitas pengendalian internal;                       6. Evaluating the effectiveness of internal control;
7. Memastikan kegiatan operasi bank dijalankan dengan                    7. Ensuring the bank’s operational activities are carried out in
   mematuhi peraturan perundang-undangan yang berlaku;                      compliance with the applicable laws and regulations;
8. Melakukan koordinasi dengan Komite Manjemen Risiko                    8. Coordinating with the Risk Management Committee in risk
   dalam hal pemantauan risiko dan mitigasinya; dan                         monitoring and mitigation; and
9. Melakukan penilaian sendiri terhadap efektivitas pelaksanaan          9. Conducting self-assessment on the effectiveness of
   tugas Komite Audit.                                                      implementation of Audit Committee’s duties.


Komposisi dan Masa Jabatan Komite Audit                                  Composition and Term of Office of the Audit
                                                                         Committee
Anggota Komite Audit Bank minimal terdiri dari seorang Komisaris         The Audit Committee consists of at least one Independent
Independen sebagai Ketua dan 2 (dua) orang pihak independen              Commissioner as Chairman and 2 (two) independent parties
dengan kompetensi dan kualifikasi di bidang keuangan, hukum,             with competencies and qualifications in finance, legal, and
dan perbankan. Masa jabatan anggota Dewan Komisaris yang                 banking. The term of office of Board of Commissioners’
merangkap sebagai anggota Komite Audit sama dengan masa                  members who concurrently serve as member of Audit Committee
kerja penunjukannya sebagai anggota Dewan Komisaris yang                 are the same as the term of office of the appointment as the
ditentukan oleh RUPS. Sedangkan, masa jabatan anggota                    Board of Commissioners’ members as determined by the GMS.
Komite Audit yang bukan merupakan anggota Dewan Komisaris                Meanwhile, Audit Committee’s members who are not Board of
tidak lebih lama dari masa jabatan Dewan Komisaris dengan                Commissioners’ members have the term of office not longer than
tidak mengurangi hak Dewan Komisaris untuk memberhentikan                the Board of Commissioners’ term of office, without prejudice to
sewaktu-waktu.                                                           the Board of Commissioners’ rights to dismiss them at any time.


Pada tahun 2023, jumlah dan komposisi Komite Audit Bank                  In 2023, the number and composition of Bank Victoria’s Audit
Victoria berdasarkan Keputusan Direksi No. 002A/SK-DIR/11/22             Committee based on Board of Directors’ Decision Letter
tanggal 9 November 2022, sebagai berikut:                                No. 002A/SK-DIR/11/22 dated 9 November 2022, were as follows:


        Nama                Posisi di Komite                     Jabatan di Bank                                Keahlian
        Name           Position in the Committee               Position at the Bank                             Expertise
 Zaenal Abidin, Ph.D   Ketua                         Komisaris Utama Independen                   Perbankan, Manajemen Risiko, dan GCG
                       Chairperson                   Independent President Commissioner           Banking, Risk Management, and GCG

 Medi Sejati           Anggota                       Pihak Independen                             Perbankan dan Audit
                       Member                        Independent Party                            Banking and Audit

 Yozef Abdulrachman    Anggota                       Pihak Independen                             Manajemen Risiko dan Perbankan
                       Member                        Independent Party                            Risk Management and Banking



Ketua Komite Audit dijabat oleh Komisaris Utama Independen               The Chairman of the Audit Committee is held by the
karena saat ini Bank memiliki 2 (dua) orang Komisaris Independen,        Independent President Commissioner as currently the Bank has
di mana 1 (satu) orang Komisaris Independen sebagai Ketua                2 (two) Independent Commissioners, where 1 (one) Independent
Komite Audit (Peraturan Otoritas Jasa Keuangan No. 17                    Commissioner held the position as Chairman of the Audit
Pasal 64 ayat 4) dan 1 (satu) orang Komisaris Independen lainnya         Committee and the other held the position as Chairman of Risk
sebagai Ketua Komite Pemantau Risiko (Peraturan Otoritas                 Monitoring Committee (Financial Services Authority Regulation
Jasa Keuangan No. 17 Pasal 65 ayat 4). Meski demikian, Bank              No. 17 Article 65 paragraph 4). However, the Bank guarantees the
menjamin independensi Ketua Komite Audit dalam menjalankan               independence of the Audit Committee’s Chairman in performing
tugas dan tanggung jawabnya sebagai Ketua Komite Audit.                  duties and responsibilities as Chairman of Audit Committee.


Profil Komite Audit                                                      Audit Committee’s Profile
Profil Ketua Komite Audit dapat dilihat pada profil Dewan                Profile of Audit Committee’s Chairman can be seen in the Board
Komisaris dan profil anggota Komite Audit dapat dilihat pada             of Commissioners’ profile, and Audit Committee members’
profil Komite Pemantau Risiko.                                           profile can be seen in the Risk Monitoring Committee’s profile.


Independensi Komite Audit                                                Independency of the Audit Committee
Komite Audit Bank telah memenuhi aspek independensi berikut:             The Bank’s Audit Committee has fulfilled the following
                                                                         independency aspects:
1. Tidak memiliki hubungan keuangan dengan Dewan Komisaris,              1. Does not have financial relationship with the Board of
   Direksi, serta Pemegang Saham Utama dan Pengendali;                       Commissioners, Board of Directors, and Main and Controlling
                                                                             Shareholders;




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2. Tidak memiliki hubungan kepemilikan saham di Bank, baik              2. Does not have share ownership relationship in the Bank,
   secara langsung maupun tidak langsung;                                  either directly or indirectly;
3. Tidak memiliki hubungan kepengurusan di Bank, Entitas                3. Does not have management relationship in the Bank,
   Anak, maupun perusahaan afiliasi;                                       Subsidiary, and affiliated company;
4. Tidak memiliki hubungan keluarga dengan Dewan Komisaris,             4. Does not have family relationship with the Board of
   Direksi, Pemegang Saham Utama dan Pengendali, dan/atau                  Commissioners, Board of Directors, Main and Controlling
   sesama anggota Komite Audit; dan                                        Shareholders, and/or among members of Audit Committee; and
5. Tidak menjabat sebagai pengurus partai politik, pejabat, dan         5. Does not hold position as administrator of political party,
   pemerintah.                                                             state, and government.


Rapat Komite Audit                                                      Audit Committee’s Meeting
Berdasarkan Peraturan Otoritas Jasa Keuangan No. 17 Tahun               Based on the Financial Services Authority Regulation
2023, Komite Audit minimal melaksanakan rapat 1 (satu) bulan            No. 17 of 2023, the Audit Committee holds meeting at least once
sekali yang dipimpin langsung oleh Ketua Komite Audit. Rapat            a month, chaired directly by the Chairman of Audit Committee.
dapat diselenggarakan apabila dihadiri minimal 51% dari jumlah          A meeting can be held if attended by at least 51% of the
anggota termasuk seorang Komisaris Independen dan pihak                 total members, including an Independent Commissioner and
independen. Frekuensi kehadiran Komite Audit dalam rapat                independent party. The frequency of attendance of the Audit
selama tahun 2023 ditunjukkan sebagai berikut:                          Committee at meetings throughout 2023 is shown as follows:


           Nama                        Jabatan                Total Rapat                 Total Kehadiran         Tingkat Kehadiran (%)
           Name                        Position              Total Meetings              Total Attendance          Attendance Rate (%)
                             Ketua
 Zaenal Abidin, Ph.D                                                9                            9                         100.00
                             Chairperson

                             Anggota
 Medi Sejati                                                        9                            9                         100.00
                             Member

                             Anggota
 Yozef Abdulrachman                                                 9                            9                         100.00
                             Member



Agenda Rapat Komite Audit                                               Audit Committee’s Meeting Agenda
Agenda yang dibahas dalam rapat Komite Audit khususnya terkait          Agenda discussed at the Audit Committee’s meeting was
realisasi rencana kerja SKAI, exit meeting audit oleh kantor            specifically related to the realization of the SKAI work plan, audit
akuntan publik, evaluasi risk register, kick off meeting oleh           exit meeting by the public accounting firm, risk register evaluation,
kantor akuntan publik, dan penerapan Peraturan Otoritas Jasa            kick off meeting by the public accounting firm, and implementation
Keuangan No. 17 Tahun 2023.                                             of Financial Services Authority Regulation No. 17 of 2023.


Laporan Singkat Pelaksanaan Kegiatan Komite                             Brief Report on Implementation of Audit
Audit Tahun 2023                                                        Committee’s Activities in 2023
Selain menyelenggarakan rapat secara berkala, Komite Audit              In addition to holding regular meetings, the Audit Committee
telah berhasil menjalankan program-program komite melalui               managed to implement committee programs through a series of
serangkaian kegiatan sebagai berikut:                                   activities as follows:
1. Melakukan penelaahan dan pengkajian atas Laporan                     1. Reviewing and studying the Quarterly Financial Reports;
    Keuangan Triwulanan;
2. Mengevaluasi realisasi penggunaan jasa audit atas informasi          2. Evaluating the realization of audit services on financial
    keuangan oleh kantor akuntan publik/akuntan publik;                    information by public accounting firm/public accountant;
3. Mengevaluasi efektivitas pelaksanaan fungsi internal audit           3. Evaluating the effectiveness of implementation of the
    (SKAI & Anti Fraud);                                                   internal audit function (SKAI & Anti-Fraud);
4. Menelaah efektivitas dan efisiensi pengendalian internal             4. Reviewing the effectiveness and efficiency of quarterly
    triwulanan;                                                            internal control;
5. Menelaah kepatuhan terhadap peraturan perundang-                     5. Reviewing the compliance with laws and regulations;
    undangan;
6. Menyeleksi, menunjuk atau merekomendasikan, dan                      6. Selecting, appointing, or recommending and supervising
    mengawasi pekerjaan Auditor Independen untuk jasa audit                the Independent Auditor’s work for the service of annual
    informasi keuangan tahunan;                                            financial information audit;




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7. Menyeleksi, menunjuk atau merekomendasikan, dan                  7. Selecting, appointing, or recommending and supervising
    mengawasi pekerjaan Auditor Independen untuk kaji ulang            the Independent Auditor’s work for the triennial review of
    kinerja SKAI & Anti Fraud 3 (tiga) tahunan;                        SKAI & Anti-Fraud performances;
8. Meninjau ulang Piagam Komite Audit;                              8. Reviewing the Audit Committee Charter;
9. Menelaah Laporan Pokok-Pokok Audit Internal (LPPAI) SKAI         9. Reviewing the SKAI Internal Audit Principles Report (LPPAI)
    & Anti Fraud Semesteran; dan
10. Meninjau ulang penyusunan rencana kerja tahunan SKAI &          10. Reviewing the preparation of Annual Work Plan of SKAI &
    Anti Fraud.                                                         Anti- Fraud.


Pelatihan dan/atau Peningkatan Komite Audit                         Audit Committee’s Training and/or
                                                                    Development Programs
Informasi terkait pelatihan dan/atau peningkatan yang diikuti       Information related to training and/or development programs
oleh masing-masing anggota Komite Audit dapat dilihat pada          attended by each member of Audit Committee can be seen in
bagian Dewan Komisaris dan Komite Pemantau Risiko.                  the Board of Commissioners and Risk Monitoring Committee
                                                                    sections.




Organ Pendukung Dewan Komisaris
Board of Commissioners Supporting Organ


Dalam pelaksanaan tugasnya, Dewan Komisaris dibantu oleh            In performing its duties, the Board of Commissioners is assisted by a
organ di bawahnya, yaitu Sekretaris Dewan Komisaris.                subordinate organ, namely Secretary of the Board of Commissioners.



Sekretaris Dewan Komisaris                                          Secretary of the Board of Commissioners

Sekretaris Dewan Komisaris diangkat oleh Bank dan                   Secretary of the Board of Commissioners is appointed by the Bank
bertanggung jawab membantu administrasi Dewan Komisaris             and is responsible for assisting the administration of the Board
dan mengoordinasikan kegiatan identifikasi, perencanaan, dan        of Commissioners and coordinating identification, planning,
pelaksanaan strategi pengelolaan kegiatan kesekretariatan           and implementation of strategy of secretariat management and
dan protokoler Dewan Komisaris. Dalam menjalankan tugasnya,         Board of Commissioners’ protocols. In carrying out its duties, the
Sekretaris Dewan Komisaris langsung bertanggung jawab               Secretary of the Board of Commissioners is directly responsible to
kepada Dewan Komisaris, dengan tujuan menciptakan fungsi            the Board of Commissioners, with the aim of creating an effective
kesekretariatan Dewan Komisaris yang efektif dan efisien.           and efficient Board of Commissioners’ secretariat function.


Tugas dan Tanggung Jawab Sekretaris Dewan                           Duties and Responsibilities of Board of
Komisaris                                                           Commissioners’ Secretary
Tugas dan tanggung jawab Sekretaris Dewan Komisaris sebagai         Duties and responsibilities of Board of Commissioners’ Secretary
berikut:                                                            are as follows:
1. Membantu Dewan Komisaris dalam menjaga agar                      1. To help the Board of Commissioners in maintaining the
    pelaksanaan BOC Charter secara teknis dapat dilakukan               implementation of BOC Charter technically, so that it can be
    dengan tertib;                                                      conducted in an orderly manner;
2. Mengatur terselenggaranya rapat Dewan Komisaris;                 2. To manage the implementation of Board of Commissioners’
                                                                        meetings;
3. Menyiapkan risalah rapat untuk disahkan dalam rapat              3. To prepare minutes of meeting to be validated in the next
   berikutnya;                                                          meeting;
4. Menyiapkan laporan tentang pelaksanaan keputusan rapat           4. To prepare report on the implementation of meeting
   guna dikaji dalam rapat berikutnya; dan                              decisions in order to be reviewed in the next meeting; and
5. Menjaga kerahasiaan seluruh dokumen yang menurut                 5. To maintain the confidentiality of all confidential documents.
   sifatnya harus dirahasiakan.




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Komite di bawah Direksi
Board of Directors’ Subordinate Committees



Komite Manajemen Risiko                                                Risk Management Committee

Komite Manajemen Risiko merupakan komite eksekutif di bawah            The Risk Management Committee is an executive committee
Direksi yang dibentuk untuk memastikan efektivitas kerangka            under the Board of Directors which was formed to increase
kerja manajemen risiko dan implementasi dalam mendukung                the effectiveness of the process implementation and risk
strategi bisnis. Komite Manajemen Risiko juga bertanggung              management system according to the scale and complexity
jawab untuk mengevaluasi dan merekomendasikan kebijakan                of the Bank’s business. The Risk Management Committee also
manajemen risiko, strategi, risk appetite, risk tolerance, limit       responsible to evaluate and recommend risk management
risiko, kerangka kerja manajemen risiko, dan rencana kontingensi       policies, strategies, risk appetite, risk tolerance, risk limits, risk
untuk mengantisipasi kondisi abnormal, serta memastikan                management framework, and contingency plan to anticipate any
eksposur risiko untuk semua jenis risiko di Bank tetap sesuai          abnormal conditions, as well as ensuring all risk exposure for all
dengan risk appetite.                                                  types of risk at the Bank are in line with risk appetite.


Pedoman Komite Manajemen Risiko                                        Risk Management Committee Charter
Pelaksanaan tugas Komite Manajemen Risiko mengacu pada                 The implementation of the Risk Management Committee’s
Peraturan Otoritas Jasa Keuangan No. 18/POJK.03/2016                   duties refers to Financial Services Authority Regulation
tanggal 22 Maret 2016 tentang Penerapan Manajemen Risiko               No. 18/POJK.03/2016 dated 22 March 2016 on Risk Management
bagi Bank Umum, Surat Edaran Otoritas Jasa Keuangan                    Implementation for Commercial Banks, Financial Services
No. 34/SEOJK.03/2016 tanggal 1 September 2016 tentang                  Authority Circular No. 34/SEOJK.03/2016 dated 1 September
Penerapan Manajemen Risiko bagi Bank Umum, Peraturan                   2016 on Risk Management Implementation for Commercial
Otoritas Jasa Keuangan No. 17 Tahun 2023 tentang Tata Kelola           Banks, Financial Services Authority Regulation No. 17 of
bagi Bank Umum, dan Surat Edaran Otoritas Jasa Keuangan                2023 on Governance for Commercial Banks, and Financial
No. 13/SEOJK.03/2017 tentang Penerapan Tata Kelola bagi Bank           Services Authority Circular Letter No. 13/SEOJK.03/2017 on
Umum.                                                                  Implementation of Governance for Commercial Banks.


Pernyataan Independensi Komite Manajemen                               Statement of Independence of Risk Management
Risiko                                                                 Committee
Komite Manajemen Risiko bertindak secara independen, mandiri,          The Risk Management Committee acts independently,
dan profesional, serta menjalankan tugas dan tanggung jawabnya         individually, and professionally, and carries out its duties and
tanpa adanya benturan kepentingan atau pengaruh dari pihak             responsibilities without any conflict of interest or influence from
manapun.                                                               any party.


Tugas dan Tanggung Jawab serta Realisasi                               Duties, Responsibilities, and the Realization of Risk
Pelaksanaan Tugas Komite Manajemen Risiko                              Management Committee Duties
Selama tahun 2023, Komite Manajemen Risiko telah                       Throughout 2023, the Risk Management Committee performed
melaksanakan tugas dan tanggung jawabnya, yang meliputi:               its duties and responsibilities, including:
1. Menyusun dan menyetujui kebijakan, strategi, dan pedoman            1. Preparing and approving the Bank’s risk management
    penerapan manajemen risiko Bank, termasuk strategi                      policies, strategies and implementation guidelines, including
    kerangka kerja, metodologi, sistem, dan tools pengelolaan               the strategies’ framework, methodology, system and risk
    risiko termasuk rencana-rencana kontingensi dan                         management tools as well as contingency plans and ensuring
    memastikan penerapannya yang meliputi semua jenis risiko;               that the implementation covers all types of risks
2. Melakukan penyempurnaan proses manajemen risiko secara              2. Improving the risk management process, both periodically or
    berkala maupun bersifat insindental sebagai akibat dari suatu           incidental as result of changes in the external and internal
    perubahan kondisi eksternal dan internal yang memengaruhi               conditions affecting the capital adequacy, risk profile, and
    kecukupan permodalan, profil risiko, dan tidak efektifnya               ineffective implementation of risk management based on
    penerapan manajemen risiko berdasarkan hasil evaluasi;                  evaluation results;
3. Melakukan pengembangan atas penerapan budaya risiko                 3. Developing the implementation of risk culture for each
    untuk setiap jenjang organisasi;                                        organizational level;




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4. Mengevaluasi dan menyesuaikan Kebijakan dan Pedoman                  4. Evaluating and adjusting the Risk Management Policy and
   Umum Penerapan Manajemen Risiko dengan kebijakan                        General Guidelines to regulatory policies, which are adjusted
   otoritas yang disesuaikan dengan ukuran dan kompleksitas                to the Bank’s business size and complexity and the risks
   usaha Bank serta risiko yang melekat pada Bank;                         inherent in the Bank;
5. Mengevaluasi arah, strategi, dan program manajemen risiko;           5. Evaluating risk management direction, strategy, and program;
6. Memantau implementasi Kebijakan dan Pedoman Umum                     6. Monitoring the implementation of Policies and General
   Penerapan Manajemen Risiko, memantau posisi risiko secara               Guidelines     of   Risk   Management       Implementation,
   komprehensif, mengkaji proses manajemen risiko secara                   monitoring the risk positions comprehensively, reviewing
   berkala, mengevaluasi usulan aktivitas/produk baru, serta               the risk management process periodically, evaluating any
   melakukan pengungkapan manajemen risiko yang mencakup                   proposed new activities/products, as well as conducting
   kinerja dan arah kebijakan; dan                                         risk management disclosure that includes performance and
                                                                           policy direction; and
7. Mengevaluasi kualitas penerapan manajemen risiko dan                 7. Evaluating the quality of risk management implementation
   perkembangan risiko-risiko yang melekat pada setiap produk              and development of risks inherent to every Bank’s product
   dan aktivitas Bank.                                                     and activity.


Struktur dan Keanggotaan Komite Manajemen                               Structure and Composition of Risk Management
Risiko                                                                  Committee
Sesuai Keputusan Direksi No. 019A/SK-DIR/10/23 tanggal                  Pursuant to the Board of Directors’ Decision No. 019A/SK-DIR/10/23
19 Oktober 2023 tentang Pedoman Tata Tertib Risk Management             dated 19 October 2023 on the Code of Conduct of Risk Management
Committe, susunan keanggotaan Komite Manajemen Risiko                   Committee, the membership composition of Risk Management
sebagai berikut:                                                        Committee is as follows:
1. Ketua diisi oleh Direktur Utama;                                     1. Chairperson held by the President Director;
2. Wakil Ketua diisi oleh Direktur Kepatuhan dan Manajemen              2. Vice Chairperson held by the Director of Compliance and Risk
    Risiko;                                                                 Management;
3. Sekretaris diisi oleh Kepala Divisi Manajemen Risiko;                3. Secretary held by the Head of Risk Management Division;
4. Anggota diisi oleh Direksi dan Senior Executive Vice President;      4. Members held by the Board of Directors and Senior Executive
                                                                            Vice President;
5. Undangan Tetap Anggota diisi oleh Kepala Divisi SKAI & Anti          5. Permanent members held by Head of SKAI & Anti-Fraud
   Fraud, Kepala Divisi IT, Kepala Divisi Treasury, Kepala Divisi           Division, Head of IT Division, Head of Treasury Division, Head
   Operation & Internal Control, Kepala Divisi Finance and                  of Operation & Internal Control Division, Head of Finance
   Accounting, Kepala Divisi CMO, Kepala Divisi Kepatuhan dan               and Accounting Division, Head of CMO Division, Head of
   System and Procedur; dan                                                 Compliance and System and Procedure Division; and
6. Undangan Tidak Tetap diisi oleh pihak internal dan eksternal         6. Non-Permanent Members held by invited internal and
   yang diundang.                                                           external parties.


Rapat Komite Manajemen Risiko                                           Risk Management Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Manajemen Risiko                 The policy and implementation of Risk Management Committee’s
diatur dalam Keputusan Direksi No. 019A/SK-DIR/10/23                    meetings are regulated in the Board of Directors’ Decision
tanggal 19 Oktober 2023 tentang Pedoman dan Tata Tertib                 No. 019A/SK-DIR/10/23 dated 19 October 2023 on the Guidelines
Risk Management Committee. Komite Manajamen Risiko                      and Code of Conduct of Risk Management Committee. The Risk
menyelenggarakan rapat secara berkala minimal 3 (tiga) bulan            Management Committee holds regular meeting at least once
sekali. Dalam pelaksanaanya, rapat Komite Manajemen Risiko              every 3 (three) months in 1 (one) year. In its implementation, the
dapat dilaksanakan apabila dihadiri oleh minimal 51% dari               Risk Management Committee meeting can be held if attended by
anggota tetap.                                                          at least 51% of the permanent members.


Pada tahun 2023, Komite Manajemen Risiko melaksanakan rapat             In 2023, the Risk Management Committee held 5 (five) meetings
sebanyak 5 (lima) kali dengan tingkat kehadiran 71,00%.                 with an attendance rate of 71.00%.



Komite Manajemen Risiko Terintegrasi                                    Integrated Risk Management Committee in
dalam Grup Keuangan                                                     the Financial Group

Dalam Grup Keuangan, Komite Manajemen Risiko Terintegrasi               Within the Financial Group, the Integrated Risk Management
adalah komite eksekutif yang bertanggung jawab memastikan               Committee is the executive committee responsible for ensuring
penerapan manajemen risiko sesuai dengan karakteristik dan              the risk management implementation is in accordance with the
kompleksitas operasional Grup Keuangan Victoria.                        characteristics and complexity of Victoria Financial Group.



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Pedoman Komite Manajemen Risiko Terintegrasi                           Guidelines of Integrated Risk Management
dalam Grup Keuangan                                                    Committee in the Financial Group
Berdasarkan Surat Otoritas Jasa Keuangan No. S-66/PB.33/2021           Based on the Financial Services Authority Circular
tanggal 23 Juni 2021 tentang Perubahan Status Konglomerasi             No. S-66/PB.33/2021 dated 23 June 2021 on Changes in Status
Keuangan Grup Victoria menjadi Grup Keuangan Victoria, di              of Victoria Group Financial Conglomeration to Victoria Financial
mana Bank ditunjuk sebagai Entitas Koordinator. Pelaksanaan            Group, in which the Bank is appointed as the Coordinating
tugas dan tanggung jawab Komite Manajemen Risiko                       Entity. The implementation of duties and responsibilities of the
Terintegrasi dalam Grup Keuangan tidak bertentangan dengan             Integrated Risk Management Committee in Financial Group does
ketentuan Peraturan Otoritas Jasa Keuangan sepanjang                   not conflict with the provisions of Financial Services Authority
dinyatakan tetap berlakunya Peraturan Otoritas Jasa Keuangan           Regulation as long as it states the enforcement of Financial
No.    17/POJK.03/2014      tanggal     18   November    2014          Services Authority Regulation No.             17/POJK.03/2014
tentang Penerapan Manajemen Risiko Terintegrasi bagi                   dated 18 November 2014 on Implementation of Integrated Risk
Konglomerasi Keuangan, Peraturan Otoritas Jasa Keuangan                Management for Financial Conglomeration, Financial Services
No. 18/POJK.03/2014 tanggal 18 November 2014 tentang                   Authority Regulation No. 18/POJK.03/2014 dated 18 November
Penerapan Tata Kelola Terintegrasi bagi Konglomerasi Keuangan,         2014 on Implementation of Integrated Governance for Financial
dan Peraturan Otoritas Jasa Keuangan No. 26/POJK.03/2015               Conglomeration, and Financial Services Authority Regulation
tanggal 11 Desember 2015 tentang Kewajiban Penyediaan Modal            No. 26/POJK.03/2015 dated 11 December 2015 on the Integrated
Minimum Terintegrasi bagi Konglomerasi Keuangan.                       Capital Adequacy Ratio for Financial Conglomeration.


Pernyataan Independensi Komite Manajemen                               Statement of Independence of Integrated Risk
Risiko Terintegrasi dalam Grup Keuangan                                Management Committee in the Financial Group
Komite Manajemen Risiko Terintegrasi bertindak secara                  The Integrated Risk Management Committee acts independently,
independen, mandiri, dan profesional, serta menjalankan tugas          individually, and professionally, and carries out its duties and
dan tanggung jawabnya tanpa adanya benturan kepentingan                responsibilities without any conflict of interest or influence from
atau pengaruh dari pihak manapun.                                      any party.


Tugas dan Tanggung Jawab serta Realisasi                               Duties, Responsibilities, and Realization of Duties
Pelaksanaan Tugas Komite Manajemen Risiko                              of Integrated Risk Management Committee in
Terintegrasi dalam Grup Keuangan                                       the Financial Group
Selama tahun 2023, Komite Manajemen Risiko Terintegrasi telah          Throughout 2023, the Integrated Risk Management Committee
melaksanakan tugas dan tanggung jawabnya yang tercantum                performed its duties and responsibilities as stated in Board of
dalam Surat Keputusan Direksi No. 002/SK-DIR/08/21. Tugas dan          Directors’ Decision Letter No. 002/SK-DIR/08/21. The duties and
tanggung jawab tersebut meliputi:                                      responsibilities include:
1. Mengembangkan penerapan budaya risiko secara terintegrasi           1. Developing risk culture in an integrated manner as part of
    sebagai bagian dari penerapan manajemen risiko terintegrasi            integrated risk management implementation in Victoria
    Grup Keuangan Victoria;                                                Financial Group;
2. Melaksanakan kebijakan manajemen risiko secara terintegrasi         2. Implementing risk management policies in an integrated
    dalam Grup Keuangan Victoria yang telah ditetapkan;                    manner within the established Victoria Financial Group;
3. Memberikan         rekomendasi     serta   perbaikan     atau       3. Providing recommendations for improvements or refinements
    penyempurnaan dalam hal penyusunan kebijakan manajemen                 in formulating integrated risk management policies within
    risiko secara terintegrasi dalam Grup Keuangan Victoria;               Victoria Financial Group;
4. Mengarahkan, menyetujui, memantau, mengevaluasi,                    4. Directing, approving, monitoring, evaluating, and adjusting
    dan menyesuaikan kebijakan dan/atau pedoman umum                       the policies and/or general guidelines on integrated risk
    penerapan manajemen risiko terintegrasi dalam Grup                     management implementation in Victoria Financial Group in
    Keuangan Victoria sesuai dengan ukuran dan kompleksitas                accordance with the business size and complexity of Victoria
    usaha anggota Grup Keuangan Victoria; dan                              Financial Group members; and
5. Mengevaluasi arah, strategi, dan program manajemen risiko           5. Evaluating the directions, strategies, and integrated risk
    terintegrasi dalam Grup Keuangan Victoria.                             management program of Victoria Financial Group.


Struktur dan Keanggotaan Komite Manajemen                              Structure and Composition of Integrated Risk
Risiko Terintegrasi dalam Grup Keuangan                                Management Committee in the Financial Group
Berdasarkan Surat Keputusan Direksi No. 001/SK-DIR/08/21               Based on the Board of Directors’ Decision Letter
tanggal 20 Agustus 2021, struktur dan keanggotaan Komite               No. 001/SK-DIR/08/21 dated 20 August 2021, the structure and
Manajemen Risiko Terintegrasi dalam Grup Keuangan Victoria             composition of Integrated Risk Management Committee in the
diungkapkan sebagai berikut:                                           Victoria Financial Group are disclosed below:




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1. Ketua (Anggota) diisi oleh Direktur Kepatuhan dan                  1. Chairperson (Member) held by Director of Compliance and
   Manajemen Risiko Entitas Koordinator;                                 Risk Management of Coordinator Entity;
2. Sekretaris (Anggota) diisi oleh Kepala Divisi Risk                 2. Secretary (Member) held by Head of Risk Management/
   Management/Integrated Entitas Koordinator; dan                        Integrated Division of Coordinator Entity; and
3. Anggota diisi oleh Bank Victoria Syariah (Direktur yang            3. Members held by Bank Victoria Syariah (Director in charge
   membawahi fungsi manajemen risiko, dan Unit Manajemen                 of risk management function, and Risk Management Unit),
   Risiko), Victoria Sekuritas Indonesia (Direktur yang                  Victoria Sekuritas Indonesia (Director in charge of risk
   membawahi fungsi manajemen risiko, dan Unit Manajemen                 management function, and Risk Management Unit), Victoria
   Risiko), Victoria Insurance (Direktur yang membawahi fungsi           Insurance (Director in charge of risk management function,
   manajemen risiko, dan Pejabat Eksekutif yang memimpin                 and Executive Officer in charge of Risk Management Work
   Satuan Kerja Manajemen Risiko), Victoria Manajemen                    Unit), Victoria Manajemen Investasi (Director in charge of risk
   Investasi (Direktur yang membawahi fungsi manajemen risiko,           management function, and Risk Management Unit), Victoria
   dan Unit Manajemen Risiko), dan Victoria Alife Indonesia              Alife Indonesia (Director in charge of risk management
   (Direktur yang membawahi fungsi manajemen risiko, dan                 function, and Executive Officer in charge of Risk Management
   Pejabat Eksekutif yang memimpin Satuan Kerja Manajemen                Work Unit).
   Risiko).


Rapat Komite Manajemen Risiko Terintegrasi                            Integrated Risk Management Committee’s
dalam Grup Keuangan                                                   Meeting in Financial Group
Kebijakan dan pelaksanaan rapat Komite Manajemen Risiko               The policy and implementation of Integrated Risk Management
Terintegrasi dalam Grup Keuangan diatur dalam Surat Keputusan         Committee’s meeting in Financial Group is regulated in the
Direksi No. 002/SK-DIR/08/21 tentang Pedoman dan Tata Tertib          Board of Directors’ Decision Letter No. 002/SK-DIR/08/21 on
Kerja Komite Manajemen Risiko Grup Keuangan Victoria. Rapat           Guidelines and Work Conduct of Risk Management Committee
Komite Manajemen Risiko Terintegrasi dalam Grup Keuangan              of Victoria Financial Group. The Integrated Risk Management
diadakan secara berkala sekurang-kurangnya 1 (satu) kali              Committee’s meeting in Financial Group is held regularly at least
setiap semester dalam setahun maupun insidental. Dalam                1 (once) every semester in a year or incidentally. In practice, a
pelaksanaannya, rapat dinyatakan kuorum apabila dihadiri              meeting is declared a quorum if attended by at least 51% of the
minimal 51% dari anggota tetap.                                       permanent members.


Pada tahun 2023, Komite Manajemen Risiko Terintegrasi                 In 2023, the Integrated Risk Management Committee held 2
melaksanakan rapat sebanyak 2 (dua) kali dengan tingkat               (two) meetings with an attendance rate of 92.00%.
kehadiran 92,00%.



Assets and Liability Committee                                        Assets and Liability Committee

Assets and Liabilities Committee (ALCO) adalah komite eksekutif       The Assets and Liabilities Committee (ALCO) is an executive
yang membantu Direksi dalam mengoptimalkan pengelolaan                committee that assists the Board of Directors in optimizing the
aset dan liabilitas. ALCO bertujuan mencapai keuntungan               management of asset and liability. ALCO aims to achieve optimal
optimal dengan meminimalkan risiko sekecil mungkin. Komite            profit by minimizing risk to the smallest possible level. This
ini mengoordinasikan portofolio aset dan liabilitas Bank untuk        committee coordinates the Bank’s asset and liability portfolios
memaksimalkan profit dengan memperhatikan kebutuhan                   to maximize optimize profit with due observance of the liquidity
likuiditas.                                                           needs.



Pedoman ALCO                                                          ALCO Charter

Pelaksanaan tugas ALCO mengacu pada Surat Keputusan Direksi           The implementation of ALCO’s duties refers to Board of Directors’
No. 004/SK-DIR/09/19 tentang Pedoman dan Tata Tertib Kerja            Decision Letter No. 004/SK-DIR/09/19 on the Charter and Code
Assets & Liabilities Committee (ALCO).                                of Conduct of Assets & Liabilities Committee (ALCO).


Pernyataan Independensi ALCO                                          Statement of Independence of ALCO
ALCO bertindak secara independen, mandiri, dan profesional,           ALCO acts independently, individually, and professionally, and
serta menjalankan tugas dan tanggung jawabnya tanpa adanya            carries out its duties and responsibilities without any conflict of
benturan kepentingan atau pengaruh dari pihak manapun.                interest or influence from any party.




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Tugas dan Tanggung Jawab serta Realisasi                               Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas ALCO                                                 ALCO Duties
Selama tahun 2023, ALCO telah melaksanakan tugas dan                   Throughout 2023, ALCO performed its duties and responsibilities,
tanggung jawabnya, yang meliputi:                                      including:
1. Memantau dan memperhatikan struktur neraca dan                      1. Monitoring and overseeing the balance sheet structure and
    memaksimumkan profitabilitas;                                          maximizing profitability;
2. Merencanakan, menetapkan, dan mengendalikan sumber                  2. Planning, establishing, and controlling the source and use of
    dan penggunaan dana Bank;                                              Bank funds;
3. Menetapkan tingkat suku bunga kredit maupun pendanaan;              3. Establishing interest rates on credit and funding;
4. Melakukan evaluasi anggaran dan realisasi Laporan Keuangan          4. Evaluating the budget and realization of the Bank’s financial
    Bank dengan memperhatikan indikator-indikator/risiko Bank;             statements with due regard to the Bank’s indicators/risks;
5. Merumuskan, menetapkan, dan mengevaluasi kebijakan,                 5. Formulating, establishing, and evaluating policies,
    strategi, dan sasaran dalam beberapa bidang, yaitu                     strategies, and objectives in several areas, which are Strategic
    Manajemen Strategi, Manajemen Likuiditas, Manajemen                    Management, Liquidity Management, Gap Management, and
    Gap, serta Manajemen Investasi dan Pendapatan (Pricing)                Investment and Pricing Management within the scope of
    dalam lingkup ALMA; dan                                                ALMA; and
6. Memantau dan memperhatikan perkembangan kondisi                     6. Monitoring and observing the development of micro and
    ekonomi mikro maupun makro, seperti inflasi, nilai tukar, dan          macroeconomic conditions, such as inflation, exchange
    perkembangan suku bunga yang dapat memengaruhi kinerja                 rates, and interest rate development that may affect the
    Bank.                                                                  Bank’s performance.


Struktur dan Keanggotaan ALCO                                          Structure and Composition of ALCO
Berdasarkan Surat Keputusan Direksi No. 009/SK-DIR/03/2019             Based on the Board of Directors’ Decision Letter
tentang Susunan Keanggotaan Assets and Liabilities Committee           No. 009/SK-DIR/03/2019 on the Composition of Assets and
(ALCO) PT Bank Victoria International Tbk, komposisi                   Liabilities Committee (ALCO) of PT Bank Victoria International Tbk,
keanggotaan ALCO, yaitu:                                               ALCO’s composition is as follows:
1. Ketua diisi oleh Direktur Utama;                                    1. Chairperson held by President Director;
2. Sekretaris diisi oleh Kepala Divisi Treasury;                       2. Secretary held by Head of Treasury Division;
3. Anggota Tetap diisi oleh seluruh Direksi, seluruh Senior            3. Permanent Member held by all Members of Board of Directors,
    Executive Vice President, seluruh Kepala Divisi pada                   all Senior Executive Vice President, all Division Head in the
    Direktorat Bisnis, Kepala Divisi Risk Management/Integrated,           Business Directorate, Head of Risk Management/Integrated
    dan Kepala Divisi Finance and Accounting; dan                          Division, and Head of Finance and Accounting Division; and
4. Anggota Tidak Tetap diisi oleh Divisi atau Unit Kerja Lain dan      4. Non-Permanent Members held by Other Divisions or Work
    seluruh Kepala Area.                                                   Units and all Area Heads.


Rapat ALCO                                                             ALCO’s Meeting
Kebijakan dan pelaksanaan rapat ALCO diatur dalam Pedoman              Policy and implementation of ALCO meeting are regulated in the
ALCO. ALCO minimal menyelenggarakan rapat 1 (satu) kali dalam          ALCO Charter. ALCO holds meeting at least 1 (once) a month or
1 (satu) bulan atau sewaktu-waktu sesuai dengan kebutuhan.             at any time as necessary. In practice, an ALCO meeting is declared
Dalam pelaksanaanya, rapat ALCO dinyatakan kuorum apabila              as quorum if attended by at least 50% of the Board of Directors,
dihadiri oleh minimal 50% dari Direksi, kecuali Direktur               except for the Director of Compliance and Risk Management
Kepatuhan dan Manajemen Risiko.


Pada tahun 2023, ALCO melaksanakan rapat sebanyak 12 (dua              In 2023, ALCO held 12 (twelve) meetings with an attendance rate
belas) kali dengan tingkat kehadiran 85,00%.                           of 85.00%.



Komite Kredit                                                          Credit Committee

Komite Kredit dibentuk untuk mendukung proses pemberian                Credit Committee is established to support the credit provision
kredit dan menentukan jumlah Credit Exposure Bank sesuai               process and to determine the Bank’s Credit Exposure amount in
dengan limit yang telah ditetapkan.                                    accordance with a specified limit.




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Pedoman Komite Kredit                                                  Credit Committee Charter
Pelaksanaan tugas Komite Kredit mengacu pada Surat Keputusan           The Credit Committee performs its duties by referring to
Direksi No. 008/SK-DIR/10/17 tanggal 9 Oktober 2017 tentang            the Board of Commissioners’ Decision Letter No. 008/SK-
Credit Policy Committee PT Bank Victoria International Tbk.            DIR/10/17 dated 9 October 2017 on Credit Policy Committee of
                                                                       PT Bank Victoria International Tbk.


Pernyataan Independensi Komite Kredit                                  Statement of Independence of Credit Committee
Komite Kredit bertindak secara independen, mandiri, dan                The Credit Committee acts independently, individually, and
profesional, serta menjalankan tugas dan tanggung jawabnya             professionally, and carries out its duties and responsibilities
tanpa adanya benturan kepentingan atau pengaruh dari pihak             without any conflict of interest or influence from any party.
manapun.


Tugas dan Tanggung Jawab serta Realisasi                               Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Komite Kredit                                        Credit Committee Duties
Komite Kredit telah menjalankan tugas dan tanggung jawabnya,           The Credit Committee carried out its duties and responsibilities,
yaitu memberikan persetujuan/penolakan terhadap usulan                 by approving/rejecting proposed funding facilities from each
fasilitas penyediaan dana dari masing-masing divisi/unit               proposing division/unit.
pengusul.


Struktur dan Keanggotaan Komite Kredit                                 Structure and Composition of Credit Committee
Struktur dan keanggotaan Komite Kredit Bank Victoria                   Structure and composition of Bank Victoria’s Credit
berdasarkan Surat Keputusan Direksi No. 008/SK-DIR/10/17               Committee based on the Board of Directors’ Decision Letter
tanggal 9 Oktober 2017, terdiri dari:                                  No. 008/SK-DIR/10/17 dated 9 October 2017 consist of:
1. Ketua diisi oleh Direktur Utama;                                    1. Chairperson held by President Director;
2. Wakil Ketua diisi oleh Direktur Bisnis dan Direktur Kredit;         2. Vice Chairperson held by Director of Business and Director of
                                                                           Credit;
3. Sekretaris merangkap Anggota diisi oleh Kepala Divisi dan/          3. Secretary concurrently as Member held by Head of Division
   atau Kepala Bagian Divisi Credit Analyst; dan                           and/or Head of Credit Analyst Division; and
4. Anggota diisi oleh Wakil Direktur Utama, Direktur Kepatuhan         4. Members held Deputy President Director, Director of
   dan Manajemen Risiko, Kepala Divisi SME & Consumer                      Compliance and Risk Management, Head of SME & Consumer
   Banking, Kepala Divisi Commercial Banking, Kepala Divisi                Banking Division, Head of Commercial Banking Division,
   Financial Institution & Capital Market, Kepala Divisi                   Head of Financial Institution & Capital Market Division, Head
   Credit Administration, Kepala Divisi Legal, Kepala Divisi               of Credit Administration Division, Head of Legal Division,
   Risk Management/Integrated, Kepala Divisi Compliance                    Head of Risk Management/Integrated Division, Head of
   & System Procedure, Kepala Divisi SKAI & Anti Fraud, Unit               Compliance & System Procedure Division, Head of SKAI
   Head Business Support, dan Unit Head Corporate Banking.                 and Anti-Fraud Division, Business Support Unit Head, and
                                                                           Corporate Banking Unit Head.


Rapat Komite Kredit                                                    Credit Committee Meeting
Kebijakan dan pelaksanaan rapat Komite Kredit diatur dalam             Policy and implementation of Credit Committee meeting are
Pedoman Komite Kredit. Komite Kredit menyelenggarakan                  regulated in the Credit Committee Charter. The Credit Committee
rapat internal ataupun rapat sirkuler minimal 1 (satu) kali dalam      holds an internal meeting or circular meeting at least 1 (once) a
1 (satu) minggu atau sewaktu-waktu sesuai dengan kebutuhan.            week or at any time as necessary. Decision made by the Credit
Keputusan anggota Komite Kredit harus kuorum dan                       Committee member must be quorum and unanimous. In the
bulat/uninamous. Jika terjadi perbedaan keputusan antar anggota        event of any dispute between the members of the deciding Credit
Komite Kredit pemutus, maka kredit dianggap tidak disetujui.           Committee, then the credit will be deemed unapproved.


Pada tahun 2023, Komite Kredit melaksanakan rapat sebanyak             In 2023, the Credit Committee held 89 meetings with an
89 kali dengan tingkat kehadiran 100,00%.                              attendance rate of 100.00%.



Komite Kebijakan Perkreditan                                           Credit Policy Committee

Direksi membentuk Komite Kebijakan Perkreditan untuk                   The Board of Directors established the Credit Policy Committee
membantu Direksi dalam merumuskan Kebijakan Perkreditan                to assist the Board of Directors in formulating the Bank’s Credit
Bank agar pemberian kredit dilakukan dengan hati-hati,                 Policy to enable careful provision of credit, monitoring and




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memantau dan mengevaluasi pelaksanaan Kebijakan Perkreditan            evaluating the implementation of the Bank’s Credit Policy made
Bank yang telah dibuat sehingga dapat diketahui konsistensi,           to identify the consistencies, responsibilities, or any issues in its
tanggung jawab, ataupun kendala-kendala yang ada di dalam              implementation, monitoring credit portfolio’s development and
penerapannya, memonitor perkembangan dan kondisi portfolio             condition, as well as providing recommendations or solutions for
kredit, serta memberikan saran ataupun solusi sebagai langkah          future improvement measures.
perbaikan ke depannya.


Pedoman Komite Kebijakan Perkreditan                                   Credit Policy Committee Charter
Pelaksanaan tugas Komite Kebijakan Perkreditan mengacu                 The implementation of the Credit Policy Committee’s
pada Peraturan Otoritas Jasa Keuangan No. 42/POJK.03/2017              duties refers to the Financial Services Authority Regulation
tentang Kewajiban Penyusunan dan Pelaksanaan Kebijakan                 No. 42/POJK.03/2017 on Obligation for Compilation and
Perkreditan atau Pembiayaan bagi Bank Umum, Peraturan                  Implementation of Bank Credit or Financing Policies for
Otoritas Jasa Keuangan No. 17 Tahun 2023 tentang Tata Kelola           Commercial Banks, Financial Services Authority Regulation
bagi Bank Umum, dan Surat Edaran Otoritas Jasa Keuangan                No. 17 of 2023 concerning Governance for Commercial Banks, and
No. 13/SEOJK.03/2017 tentang Penerapan Tata Kelola bagi Bank           Financial Services Authority Circular Letter No. 13/SEOJK.03/2017
Umum.                                                                  concerning Implementation of Governance for Commercial Banks.


Pernyataan Independensi Komite Kebijakan                               Statement of Independence of Credit Policy
Perkreditan                                                            Committee
Komite Kebijakan Perkreditan bertindak secara independen,              The Credit Policy Committee acts independently, individually,
mandiri, dan profesional, serta menjalankan tugas dan tanggung         and professionally, and carries out its duties and responsibilities
jawabnya tanpa adanya benturan kepentingan atau pengaruh               without any conflict of interest or influence from any party.
dari pihak manapun.


Tugas dan Tanggung Jawab serta Realisasi                               Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Komite Kebijakan Perkreditan                         Credit Policy Committee Duties
Selama tahun 2023, Komite Kebijakan Perkreditan telah                  Throughout 2023, the Credit Policy Committee performed its
melaksanakan tugas dan tanggung jawabnya dalam membantu                duties and responsibilities in assisting the President Director on
Direktur Utama atas hal-hal yang berkaitan dengan, antara lain         matters related to, among others, and at least include:
dan sekurang-kurangnya meliputi:                                       1. To provide input to the Board of Directors in the framework
1. Memberikan masukkan kepada Direksi dalam rangka                         of the Bank’s credit policy making, especially with regard to
    penyusunan kebijakan perkreditan Bank, terutama yang                   formulation of prudential principles in the Bank’s credit;
    berkaitan dengan perumusan prinsip kehati-hatian dalam
    perkreditan Bank;
2. Mengawasi agar kebijakan perkreditan Bank dapat diterapkan          2. To supervise so that the Bank’s credit policy can be
    dan dilaksanakan secara konsekuen dan konsisten, serta                implemented and executed consistently with consequence,
    merumuskan pemecahan apabila terdapat hambatan/                       and to formulate solutions if there are obstacles/hindrance
    kendala dalam penerapan kebijakan perkreditan Bank;                   in implementing the Bank’s credit policy;
3. Melakukan kajian terhadap kebijakan perkreditan Bank                3. To review the Bank’s credit policies and advise the Board of
    dan memberikan saran kepada Direksi apabila diperlukan                Directors if changes to the Bank’s credit policy are necessary;
    perubahan kebijakan perkreditan Bank; dan                             and
4. Memantau dan mengevaluasi perkembangan serta kualitas               4. To monitor and evaluate the development and quality of the
    portofolio perkreditan, kewenangan pelaksanaan keputusan              credit portfolio, the authority to implement credit decision,
    kredit, proses pemberian kredit kepada pihak terkait                  the credit distribution process to related parties and major
    dan debitur-debitur besar, pelaksanaan ketentuan batas                debtors, the implementation of the provisions on the
    maksimum pemberian kredit, ketaatan terhadap perundang-               maximum credit limit, adherence to regulations, settlement
    undangan, penyelesaian kredit bermasalah sesuai kebijakan             of non-performing loans in accordance with the Bank’s credit
    perkreditan Bank, dan upaya Bank memastikan kecukupan                 policy, and the Bank’s efforts to ensure the adequacy of the
    penyisihan penghapusan kredit.                                        allowance for credit writeoff.


Struktur dan Keanggotaan Komite Kebijakan                              Structure and Composition of Credit Policy
Perkreditan                                                            Committee
Struktur dan keanggotaan Komite Kebijakan Perkreditan Bank             Structure and composition of Bank Victoria’s Credit Policy
Victoria berdasarkan Surat Keputusan Direksi No. 021/SK-DIR/01/24      Committee based on the Board of Directors’ Decision Letter
tanggal 24 Januari 2024, terdiri dari:                                 No. 021/SK-DIR/01/24 dated 24 January 2024 consist of:




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1. Ketua diisi oleh Direktur Utama;                                   1. Chairperson held by President Director;
2. Wakil Ketua I merangkap Anggota diisi oleh Wakil Direktur          2. Vice Chairperson I concurrently as Member held by Deputy
   Utama;                                                                President Director;
3. Wakil Ketua II merangkap Anggota diisi oleh Direktur Bisnis;       3. Vice Chairperson II concurrently as Member held by Business
                                                                         Director;
4. Sekretaris merangkap Anggota diisi oleh Kepala Divisi Risk         4. Secretary concurrently as Member held by Head of Risk
   Management/Integrated;                                                Management/Integrated Division;
5. Anggota diisi oleh Direktur Keuangan, Direktur Kepatuhan           5. Members held by Director of Finance, Director of Compliance
   dan Manajemen Risiko, Senior EVP Bisnis, Senior EVP                   and Risk Management, Senior EVP Business, Senior EVP
   Operasional & International Banking, Kepala Divisi SME,               Operations & International Banking, Head of SME Division,
   Kepala Divisi Commercial Banking, Kepala Divisi Credit                Head of Commercial Banking Division, Head of Credit Risk
   Risk Review, Kepala Divisi Loan & Trade Operations, Kepala            Review Division, Head of Loan & Trade Operations Division,
   Divisi Special Asset Management, Kepala Divisi Credit Legal,          Head of Special Asset Management Division, Head of Credit
   Kepala Divisi International Banking, dan Kepala Departemen            Legal Division, Head of International Banking Division, and
   Credit Monitoring & Collection;                                       Head of Credit Monitoring & Collection Department;
6. Undangan Tetap diisi oleh Kepala Divisi SKAI & Anti Fraud,         6. Permanent Members are held by Head of SKAI & Anti-Fraud
   Kepala Divisi Corporate Legal, Kepala Divisi Treasury, dan            Division, Head of Corporate Legal Division, Head of Treasury
   Kepala Divisi Accounting; dan                                         Division, and Head of Accounting Division; and
7. Undangan tidak tetap diisi oleh pihak internal dan eksternal       7. Non-Permanent Members held by invited internal and
   yang diundang.                                                        external parties.


Rapat Komite Kebijakan Perkreditan                                    Credit Policy Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Kebijakan Perkreditan          Policy and implementation of Credit Policy Committee meetings
diatur dalam Surat Keputusan Direksi No. 016B/SK-DIR/08/23            are regulated in the Board of Directors’ Decision Letter
tanggal 16 Agustus 2023. Komite Kebijakan Perkreditan                 No. 016B/SK-DIR/08/23 dated 16 August 2023. The Credit Policy
menyelenggarakan rapat secara berkala atau sewaktu-waktu              Committee holds meetings on a regular basis or at any time
apabila diperlukan (insidental). Dalam pelaksanaanya, rapat           necessary (incidental). In practice, Credit Policy Committee meeting
Komite Kebijakan Perkreditan dinyatakan kuorum apabila dihadiri       is declared as quorum if attended by at least 50% of the Board of
oleh minimal 50% dari Direksi dan 50% dari anggota non-Direksi.       Directors and 50% of the non-Board of Directors members.


Pada tahun 2023, Komite Kebijakan Perkreditan melaksanakan            In 2023, the Credit Policy Committee held 4 (four) meetings with
rapat sebanyak 4 (empat) kali dengan tingkat kehadiran 71,00%.        an attendance rate of 71.00 %.



Komite Teknologi Informasi                                            Information Technology Committee

Komite Teknologi Informasi dibentuk untuk memastikan sistem           The Information Technology Committee was established to ensure
teknologi informasi sesuai dengan strategi Bank, memberikan           the information technology system is in line with the Bank’s strategy,
pandangan pada pengelolaan teknologi informasi dan                    to provide insight into information technology management and
manajemen sistem informasi, serta memantau kegiatan dan               information system management, and to monitor activities and
kesiapan infrastruktur teknologi informasi.                           readiness of information technology infrastructure.


Pedoman Komite Teknologi Informasi                                    Information Technoloy Committee Charter
Pelaksanaan tugas Komite Teknologi Informasi mengacu pada             The implementation of the Information Technology Committee’s
Peraturan Otoritas Jasa Keuangan No. 11/POJK.03/2022 tanggal          duties refers to the Financial Services Authority Regulation
6 Juli 2022 tentang Penyelenggaraan Teknologi Informasi oleh          No. 11/POJK.03/2022 dated 6 July 2022 on Information
Bank Umum.                                                            Technology Operations by Commercial Banks.


Pernyataan Independensi Komite Teknologi                              Statement of Independence of Information
Informasi                                                             Technology Committee
Komite Teknologi Informasi bertindak secara independen,               The Information Technology Committee acts independently,
mandiri, dan profesional, serta menjalankan tugas dan tanggung        individually, and professionally, and carries out its duties and
jawabnya tanpa adanya benturan kepentingan atau pengaruh              responsibilities without any conflict of interest or influence from
dari pihak manapun.                                                   any party.


                                                                      Duties, Responsibilities, and the Realization of




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Tugas dan Tanggung Jawab serta Realisasi                               Information Technology Committee Duties
Pelaksanaan Tugas Komite Teknologi Informasi
Selama tahun 2023, Komite Teknologi Informasi telah                    Throughout 2023, the Information Technology Committee
melaksanakan tugas dan tanggung jawabnya dalam memberikan              performed its duties and responsibilities in providing
rekomendasi kepada Direksi yang paling kurang terkait dengan:          recommendations to the Board of Directors which at least were
                                                                       related to:
1. Membuat rencana strategis teknologi informasi yang sesuai           1. Prepare information technology strategic plan in line with
   dengan rencana strategis kegiatan usaha Bank;                           the strategic plan of the Bank’s business activities;
2. Merumuskan kebijakan prosedur teknologi informasi                   2. Formulate information technology procedure policy in
   sesuai dengan Peraturan Otoritas Jasa Keuangan                          accordance with Financial Services Authority Regulation
   No. 11/POJK.03/2022 tanggal 6 Juli 2022 tentang                         No. 11/POJK.03/2022 dated 6 July 2022 on Information
   Penyelenggaraan Teknologi Informasi oleh Bank Umum;                     Technology Operations by Commercial Banks;
3. Melakukan pemantauan kesesuaian proyek-proyek teknologi             3. Monitor the conformity of information technology projects,
     informasi yang disetujui dengan rencana strategis teknologi           which are approved with the information technology strategic
     informasi;                                                            plan;
4.   Melakukan pemantauan kesesuaian proyek-proyek teknologi           4. Monitor the conformity of the information technology
     informasi dengan rencana proyek yang disepakati dalam                 projects with the project charter agreed in the Service Level
     Service Level Agreement (SLA);                                        Agreement (SLA);
5.   Melakukan pemantauan kesesuaian teknologi informasi               5. Monitor the conformity of information technology to the
     dengan kebutuhan sistem informasi manajemen yang                      needs of management information system that supports the
     mendukung pengelolaan kegiatan usaha Bank;                            management of the Bank’s business activities;
6.   Melakukan evaluasi terhadap efektivitas langkah-langkah           6. Evaluate the effectiveness of risk management measures in
     manajemen risiko dalam teknologi informasi;                           information technology;
7.   Melakukan pemantauan atas kinerja teknologi informasi dan         7. Monitor the performance of information technology and its
     upaya peningkatannya;                                                 improvement efforts;
8.   Melakukan penyelesaian berbagai masalah terkait teknologi         8. Settle various problems related to information technology
     informasi yang tidak dapat diselesaikan oleh satuan kerja             that cannot be settled by a user work unit and an organizing
     pengguna dan satuan kerja penyelenggara; dan                          work unit; and
9.   Melakukan evaluasi kecukupan dan lokasi sumber daya yang          9. Evaluate the adequacy and location of resources owned by
     dimiliki Bank.                                                        the Bank.


Struktur dan Keanggotaan Komite Teknologi                              Structure and Composition of Information
Informasi                                                              Technology Committee
Berdasarkan Surat Keputusan Direksi No. 011/SK-DIR/01/21               Based on the Board of Directors’ Decision Letter
tanggal 29 Januari 2021, struktur dan keanggotaan Komite               No. 011/SK-DIR/01/21 dated 29 January 2021, the structure and
Teknologi Informasi diungkapkan sebagai berikut:                       composition of Information Technology Committee are disclosed
                                                                       as follows:
1. Ketua diisi oleh Direktur Utama;                                    1. Chairperson held by President Director;
2. Wakil Ketua diisi oleh Wakil Direktur Utama;                        2. Deputy Chair held by Deputy President Director;
3. Koordinator diisi oleh SEVP Change Management Office;               3. Coordinator held by SEVP Change Management Office;
4. Sekretaris diisi oleh Kepala Divisi Information Technology;         4. Secretary held by Head of Information Technology Division;
5. Anggota Tetap diisi oleh Direktur Kepatuhan dan Manajemen           5. Permanent Members held by Director of Compliance and
   Risiko; Direktur Bisnis; Direktur Keuangan; Senior Executive             Risk Management; Director of Business; Director of Finance;
   Vice President of Finance, Accounting & Management                       Senior Executive Vice President of Finance, Accounting &
   Information System; Senior Executive Vice President of                   Management Information System; Senior Executive Vice
   Corporate, Business Linkage & Consumer Banking; Kepala                   President of Corporate, Business Linkage & Consumer
   Divisi Operations & Internal Control; Kepala Divisi Change               Banking; Head of Operations & Internal Control Division;
   Management Office; dan Kepala Divisi Branch Banking                      Head of Change Management Office; and Head of Branch
   Network & Performance; dan                                               Banking Network & Performance Division; and
6. Anggota Tidak Tetap diisi oleh Kepala Divisi Risk Management/       6. Non-Permanent Members held by Head of Risk Management/
   Integrated, Kepala Divisi Loan & Trade Operations, Kepala                Integrated Division, Head of Loan & Trade Operations
   Divisi Human Capital Management & General Affair, dan                    Division, Head of Human Capital Management & General
   Wakil Kepala Divisi Change Management Office.                            Affair Division, and Vice Head of Change Management Office
                                                                            Division.




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Rapat Komite Teknologi Informasi                                     Information Technology Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Teknologi Informasi           Policy and implementation of Information Technology Committee
diatur dalam Surat Keputusan Direksi No. 011/SK-DIR/01/21            meetings are regulated in the Board of Directors’ Decision Letter
tanggal 29 Januari 2021.         Komite Teknologi Informasi          No. 011/SK-DIR/01/21 dated 29 January 2021. The Information
menyelenggarakan rapat minimal 1 (satu) kali dalam 6 (enam)          Technology Committee holds meetings at least 1 (once) every
bulan atau sewaktu-waktu sesuai dengan kebutuhan. Dalam              6 (six) months or at any time as necessary. In practice, an
pelaksanaanya, rapat Komite Teknologi Informasi dinyatakan           Information Technology Committee meeting is declared as
kuorum apabila dihadiri oleh minimal 51% dari anggota tetap.         quorum if attended by at least 51% of the permanent members.


Pada tahun 2023, Komite Teknologi Informasi melaksanakan             In 2023, the Information Technology Committee held 4 (four)
rapat sebanyak 4 (empat) kali dengan tingkat kehadiran 95,00%.       meetings with an attendance rate of 95.00 %.



Komite Pemantau dan Pelaksanaan GCG                                  GCG Implementation and Monitoring
                                                                     Committee
Komite Pemantau dan Pelaksanaan GCG sebagai organ pendukung          The GCG Implementation and Monitoring Committee as the
Direksi bertugas menyusun, mengomunikasikan, mengawasi, dan          Board of Directors’ supporting organ is in charge of preparing,
melakukan tindakan perbaikan terhadap kepatuhan terhadap             communicating, supervising, and taking corrective actions for
penerapan GCG, etika, pengendalian internal, dan strategi Anti       its compliance with the implementation of GCG, ethics, internal
Fraud.                                                               control, and Anti-Fraud strategy.


Pedoman Komite Pemantau dan Pelaksanaan                              GCG Implementation and Monitoring Committee
GCG                                                                  Charter
Pelaksanaan tugas Komite Pemantau dan Pelaksanaan GCG                The implementation of duties of the GCG Implementation and
mengacu pada Surat Keputusan Direksi No. 016A/SK-DIR/08/23           Monitoring Committee refers to Board of Directors’ Decision
tanggal 16 Agustus 2023 tentang Komite Pemantau dan                  Letter No. 016A/SK-DIR/08/23 dated 16 August 2023 on Good
Pelaksanaan Good Corporate Governance (GCG).                         Corporate Governance (GCG) Implementation and Monitoring
                                                                     Committee.


Pernyataan Independensi Komite Pemantau dan                          Statement of Independence of GCG
Pelaksanaan GCG                                                      Implementation and Monitoring Committee
Komite Pemantau dan Pelaksanaan GCG bertindak secara                 GCG Implementation and Monitoring Committee acts
independen, mandiri, dan profesional, serta menjalankan tugas        independently, individually, and professionally, and carries out
dan tanggung jawabnya tanpa adanya benturan kepentingan              its duties and responsibilities without any conflict of interest or
atau pengaruh dari pihak manapun.                                    influence from any party.


Tugas dan Tanggung Jawab serta Realisasi                             Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Komite Pemantau dan                                GCG Implementation and Monitoring Committee
Pelaksanaan GCG                                                      Duties
Selama tahun 2023, Komite Pemantau dan Pelaksanaan GCG               Throughout 2023, the GCG Implementation and Monitoring
telah melaksanakan tugas dan tanggung jawabnya, antara lain:         Committee performed its duties and responsibilities, including:
1. Memantau dan menganalisis setiap kebijakan terbaru                1. Monitoring and analyzing any current policy and best
    maupun praktik terbaik terkait penerapan GCG;                        practices related to GCG implementation;
2. Melakukan pemutakhiran kebijakan internal (existing)              2. Updating the existing internal policies against any GCG policy
    terhadap setiap perubahan kebijakan GCG;                             changes;
3. Memantau secara berkala terhadap rencana dan realisasi/           3. Monitoring periodically on the Bank’s plans and business
    pencapaian bisnis Bank melalui rapat-rapat Komite;                   realizations/achievements through Committee meetings;
4. Memantau action plan dan pelaksanaannya melalui                   4. Monitoring the action plan and its implementation through
    rapat-rapat Komite;                                                  Committee meetings;
5. Menentukan aspek dan PIC/petugas dalam penyusunan GCG             5. Determining aspects and person in charge/PIC in drafting
    sesuai dengan bidang yang tercermin dari aspek-aspek GCG;            GCG in accordance with the areas reflected in GCG aspects;
6. Mengoordinasikan pembuatan laporan pelaksanaan GCG                6. Coordinating the preparation of GCG implementation reports
    yang dilengkapi dan didukung dengan underlying-nya; dan              supplemented and supported by its underlying matters; and




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      Tata Kelola Perusahaan
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7. Menyusun pelaporan pelaksanaan GCG Bank dan                         7. Preparing the reporting of the Bank’s GCG implementation
   melakukan penilaian sendiri sesuai ketentuan berlaku, serta            and conducting self-assessment in accordance with the
   melaporkannya kepada Direktur Utama dan Otoritas Jasa                  prevailing provisions, and report it to the President Director
   Keuangan.                                                              and Financial Services Authority.


Struktur dan Keanggotaan Komite Pemantau dan                           Structure and Composition of GCG
Pelaksanaan GCG                                                        Implementation and Monitoring Committee
Sesuai Surat Keputusan Direksi No. 016A/SK-DIR/08/23 tanggal           Pursuant to the Board of Directors’ Decision Letter
16 Agustus 2023, struktur dan keanggotaan Komite Pemantau              No. 016A/SK-DIR/08/23 dated 16 August 2023, the structure and
dan Pelaksanaan GCG sebagai berikut:                                   composition of GCG Implementation and Monitoring Committee
                                                                       are disclosed as follows:
1. Ketua diisi oleh Direktur Kepatuhan dan Manajemen Risiko;           1. Chairperson held by Director of Compliance and Risk
                                                                           Management;
2. Sekretaris diisi oleh Kepala Divisi Compliance & System             2. Secretary held by Head of Compliance & System Procedure
   Procedure;                                                              Division;
3. Anggota Tetap diisi oleh Direksi (Senior Executive Vice             3. Permanent Members held by Board of Directors (Senior
   President, Kepala Divisi SKAI & Anti Fraud, Kepala Divisi Risk          Executive Vice President, Head of SKAI & Anti-Fraud Division,
   Management/Integrated); dan                                             Head of Risk Management/Integrated Division); and
4. Anggota Tidak Tetap seluruh Kepala Divisi (berdasarkan              4. Non-Permanent Members held by all Division Heads (based
   undangan).                                                              on invitation)


Rapat Komite Pemantau dan Pelaksanaan GCG                              GCG Implementation and Monitoring
                                                                       Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Pemantau dan                    Policy and implementation of GCG Implementation and
Pelaksanaan GCG diatur dalam Surat Keputusan Direksi                   Monitoring Committee meetings are regulated in the Board
No. 016A/SK-DIR/08/23 tanggal 16 Agustus 2023. Komite                  of Directors’ Decision Letter No. 016A/SK-DIR/08/23 dated
Pemantau dan Pelaksanaan GCG menyelenggarakan rapat secara             16 August 2023. GCG Implementation and Monitoring Committee
berkala (bulanan) atau sewaktu-waktu sesuai dengan kebutuhan.          holds meetings on a regular basis (monthly) or at any time as
                                                                       necessary.


Pada tahun 2023, Komite Pemantau dan Pelaksanaan GCG                   In 2023, the GCG Implementation and Monitoring Committee
melaksanakan rapat sebanyak 3 (tiga) kali dengan tingkat               held 3 (three) meetings with an attendance rate of 100.00%.
kehadiran 100,00%.



Komite Personalia                                                      Personnel Committee

Komite Personalia membantu Direksi dalam merumuskan                    The Personnel Committee assists the Board of Directors in
dan    mengawasi     kebijakan,  memantau      perkembangan            formulating and overseeing policy, monitoring employment
ketenagakerjaan, serta memberikan saran dan langkah perbaikan          progress, and advising suggestions and remedial measures in line
yang sesuai peraturan ketenagakerjaan perbankan dan Undang-            with the labor regulations in banking and the Manpower Law in
Undang Ketenagakerjaan di Indonesia.                                   Indonesia.


Pedoman Komite Personalia                                              Personnel Committee Charter
Pelaksanaan tugas Komite Personalia mengacu pada Undang-               The implementation of the Personnel Committee’s duties refers
Undang No. 13 Tahun 2003 tentang Ketenagakerjaan, serta                to Law No. 13 of 2003 on Manpower, and its derivative regulations.
peraturan turunannya.


Pernyataan Independensi Komite Personalia                              Statement of Independence of Personnel
                                                                       Committee
Komite Personalia bertindak secara independen, mandiri, dan            The Personnel Committee acts independently, individually, and
profesional, serta menjalankan tugas dan tanggung jawabnya tanpa       professionally, and carries out its duties and responsibilities
adanya benturan kepentingan atau pengaruh dari pihak manapun.          without any conflict of interest or influence from any party.




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Tugas dan Tanggung Jawab serta Realisasi                              Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Komite Personalia                                   Personnel Committee Duties
Selama tahun 2023, Komite Personalia telah melaksanakan tugas         Throughout 2023, the Personnel Committee performed its duties
dan tanggung jawabnya dalam memberikan rekomendasi kepada             and responsibilities in providing recommendations to the Board
Direksi atas hal-hal yang berkaitan dengan, antara lain:              of Directors on matters related to, among others:
1. Memberikan masukkan kepada Direksi dalam merumuskan                1. Providing inputs to Board of Directors in formulating
    kebijakan ketenagakerjaan;                                            employment policies;
2. Mengawasi kebijakan yang berhubungan dengan karyawan               2. Overseeing employee-related policies to be consistently and
    agar dilaksanakan secara konsekuen dan konsisten;                     consequently implemented;
3. Melakukan kajian terhadap kebijakan ketenagakerjaan Bank           3. Reviewing Bank’s manpower policies and advising the Board
    dan memberikan saran kepada Direksi apabila diperlukan                of Directors if changes to the Bank’s manpower policy are
    perubahan kebijakan ketenagakerjaan Bank;                             necessary;
4. Memantau dan mengevaluasi efektivitas setiap karyawan; dan         4. Monitoring and evaluating the effectiveness of each
                                                                          employee; and
5. Memberikan masukan dan solusi untuk hambatan dan masalah           5. Providing inputs and solutions for the obstacles and problems
   yang terjadi terkait dengan ketenagakerjaan Bank.                      that occur related to the Bank’s employment.


Struktur dan Keanggotaan Komite Personalia                            Structure and Composition of Personnel
                                                                      Committee
Komite Personalia diangkat berdasarkan Surat Keputusan                The Personnel Committee is appointed based on the Board of
Direktur No. 008/SK-DIR/03/19 tanggal 27 Maret 2019. Adapun           Directors’ Decision Letter No. 008/SK-DIR/03/19 dated 27 March
keanggotaan Komite Personalia Bank Victoria diungkapkan               2019. The composition of Bank Victoria’s Personnel Committee
sebagai berikut:                                                      is disclosed below:
1. Ketua diisi oleh Direktur Utama;                                   1. Chairperson held by President Director;
2. Sekretaris diisi oleh Kepala Divisi Human Capital                  2. Secretary held by Head of Human Capital Management
    Management;                                                            Division;
3. Anggota Tetap diisi oleh Wakil Presiden Direktur Utama; dan        3. Permanent Member held by Deputy President Director; and
4. Anggota Tidak Tetap diisi oleh Direktur terkait dan Kepala         4. Non-Permanent Members held by relevant Directors and
    Divisi.                                                                Division Heads.


Rapat Komite Personalia                                               Personnel Committe’s Meeting
Kebijakan dan pelaksanaan rapat Komite Personalia diatur              Policy and implementation of Personnel Committee meetings
dalam Surat Keputusan Direktur No. 008/SK-DIR/03/19 tanggal           are regulated in the Board of Directors’ Decision Letter
27 Maret 2019. Komite Personalia menyelenggarakan rapat               No. 008/SK-DIR/03/19 dated 27 March 2019. The Personnel
minimal 3 (tiga) kali dalam 1 (satu) tahun. Dalam pelaksanaanya,      Committee holds meetings at least 3 (three) times in 1 (one)
rapat Komite Personalia dinyatakan kuorum apabila dihadiri oleh       year. In its implementation, a Personnel Committee meeting is
minimal 51% dari anggota tetap.                                       declared as quorum if attended by at least 51% of the permanent
                                                                      members.


Pada tahun 2023, Komite Personalia melaksanakan rapat                 In 2023, the Personnel Committee held 6 (six) meetings with an
sebanyak 6 (enam) kali dengan tingkat kehadiran 100,00%.              attendance rate of 100.00%.



Komite Pengadaan                                                      Procurement Committee

Komite Pengadaan dibentuk untuk membantu Direksi                      The Procurement Committee was established to assist the
dalam mengelola pengadaan barang dan jasa, memastikan                 Board of Directors in managing goods and services procurement,
efektivitasnya, serta memastikan kepatuhan terhadap kebijakan         ensuring its effectiveness, and ensuring its compliance with the
dan prosedur yang berlaku di Bank.                                    policies and procedures applicable at the Bank.


Pedoman Komite Pengadaan                                              Procurement Committee Charter
Pelaksanaan tugas Komite Pengadaan mengacu pada Surat                 The implementation of the Procurement Committee’s
Keputusan Direksi No. 010A/SK-DIR/01/23 tanggal 10 Januari 2023       duties refers to the Board of Directors’ Decision Letter
tentang Komite Pengadaan PT Bank Victoria International Tbk.          No. 010A/SK-DIR/01/23 dated 10 January 2023 on Procurement
                                                                      Committee of PT Bank Victoria International Tbk.




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Pernyataan Independensi Komite Pengadaan                               Statement of Independence of Procurement
                                                                       Committee
Komite Pengadaan bertindak secara independen, mandiri, dan             The Procurement Committee acts independently, individually,
profesional, serta menjalankan tugas dan tanggung jawabnya             and professionally, and carries out its duties and responsibilities
tanpa adanya benturan kepentingan atau pengaruh dari pihak             without any conflict of interest or influence from any party.
manapun.


Tugas dan Tanggung Jawab Komite Pengadaan                              Duties and Responsibilities of Procurement
                                                                       Committee
Selama tahun 2023, Komite Pengadaan telah melaksanakan                 Throughout 2023, the Procurement Committee performed
tugas dan tanggung jawabnya dalam melakukan evaluasi dan               its duties and responsibilities in evaluating and providing
memberikan rekomendasi kepada Direksi terkait pelaksanaan              recommendations to the Board of Directors regarding the
kegiatan pengadaan barang dan jasa yang sekurang-kurangnya             implementation of goods and services procurement activities
meliputi beberapa hal, sebagai berikut:                                which at least cover several matters, as follows:
1. Meminta informasi untuk hal-hal yang diperlukan terkait             1. Asking for information on necessary matters related to the
    pengadaan barang dan jasa dari berbagai pihak, baik internal           procurement of goods and services from various parties,
    maupun eksternal;                                                      both internal and external;
2. Memberikan persetujuan terhadap pengajuan pengadaan                 2. Providing approval on the procurement of goods and
    barang dan jasa;                                                       services;
3. Mengajukan persetujuan kepada Dewan Komisaris terhadap              3. Applying for approval to the Board of Commissioners on
    pengadaan barang/dan jasa dengan nilai/harga minimum                   procurement of goods and services with minimum value/
    sesuai yang diatur pada Anggaran Dasar Bank; dan                       price as regulated in the Company’s Articles of Association;
                                                                           and
4. Memberikan masukan kepada Direksi terkait hal-hal penting           4. Providing inputs to the Board of Directors regarding important
   dan relevan dalam perumusan kebijakan pengadaan barang                  and relevant matters in the formulation of procurement
   dan jasa.                                                               policies of goods and services.


Struktur dan Keanggotaan Komite Pengadaan                              Structure and Composition of Procurement
                                                                       Committee
Kedudukan Komite Pengadaan dalam struktur organisasi                   Procurement Committee’s position in the organizational structure
berada di bawah Direksi. Susunan komposisi Komite Pengadaan            is under the Board of Directors. The composition of the Procurement
berdasarkan Surat Keputusan No. 010A/SK-DIR/01/23 tanggal              Committee based on Decision Letter No. 010A/SK-DIR/01/23 dated
10 Januari 2023, diungkapkan sebagai berikut:                          10 January 2023 is disclosed below:
1. Ketua diisi oleh Direktur Utama;                                    1. Chairperson held by President Director;
2. Wakil Ketua diisi oleh Wakil Direktur Utama;                        2. Vice Chairperson held by Deputy President Director;
3. Sekretaris diisi oleh HCM & General Affairs Division Head dan       3. Secretary held by Head of HCM & General Affairs Division and
    General Affairs Vice Division Head;                                     General Affairs Vice Division Head;
4. Anggota Tetap diisi oleh Direktur; dan                              4. Permanent Member held by President Director; and
5. Anggota Tidak Tetap diisi oleh Senior EVP, Division Head dan        5. Non-Permanent Members held by EVP Senior, Division Head,
    Vice Division Head.                                                     and Vice Division Head.


Rapat Komite Pengadaan                                                 Procurement Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Pengadaan diatur dalam          Policy and implementation of Procurement Committee meetings
Surat Keputusan Keputusan Direksi No. 010A/SK-DIR/01/23                are regulated in the Board of Board of Directors’ Decision Letter
tanggal 10 Januari 2023. Komite Pengadaan menyelenggarakan             No. 010A/SK-DIR/01/23 dated 10 January 2023. The Procurement
rapat minimal 3 (tiga) dalam 1 (satu) tahun. Dalam                     Committee holds meetings at least 3 (three) times in 1 (one) year.
pelaksanaannya, rapat Komite Pengadaan dinyatakan kuorum               In its implementation, the Procurement Committee meeting is
apabila dihadiri oleh minimal 51% dari anggota tetap.                  declared as quorum if attended by at least 51% of the permanent
                                                                       members.


Pada tahun 2023, Komite Pengadaan melaksanakan rapat                   In 2023, the Procurement Committee held 13 (thirteen) meetings
sebanyak 13 (tiga belas) kali dengan tingkat kehadiran 100,00%.        with an attendance rate of 100.00%.




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Komite Produk                                                              Product Committee

Komite Produk membantu Direksi dalam memberikan arahan                     The Product Committee assists the Board of Directors in providing
kebijakan terkait pengelolaan produk liabilities dan wealth                policy-related directives in connection with the management of
management agar produk tersebut dapat bersaing dan                         liabilities and wealth management products so that such products
menghasilkan keuntungan bagi Bank. Dalam menjalankan                       can compete and generate profits for the Bank. In performing its
tugasnya, Komite Produk memperhatikan kepentingan                          duties, the Product Committee pays attention to the interests of
nasabah dan Bank, serta menerapkan prinsip kehati-hatian dan               the Bank and its customers, and applies prudential principles and
manajemen risiko.                                                          risk management.


Pedoman Komite Produk                                                      Product Committee Charter
Pelaksanaan tugas Komite Produk mengacu pada Surat                         The implementation of the Product Committee’s duties
Keputusan Direksi No. 002A/SK-DIR/10/22 tanggal 20 Oktober                 refers to Board of Directors’ Decision Letter No. 002A/SK-
2022 tentang Komite Produk PT Bank Victoria International Tbk.             DIR/10/22 dated 20 October 2022 on Product Committee of
                                                                           PT Bank Victoria International Tbk.


Pernyataan Independensi Komite Produk                                      Statement of Independence of Product
                                                                           Committee
Komite Produk bertindak secara independen, mandiri, dan                    The Product Committee acts independently, individually, and
profesional, serta menjalankan tugas dan tanggung jawabnya                 professionally, and carries out its duties and responsibilities
tanpa adanya benturan kepentingan atau pengaruh dari pihak                 without any conflict of interest or influence from any party.
manapun.


Tugas dan Tanggung Jawab serta Realisasi                                   Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Komite Produk                                            Product Committee Duties
Selama tahun 2023, Komite Produk telah melaksanakan tugas dan              Throughout 2023, the Product Committee performed its duties
tanggung jawabnya, yaitu:                                                  and responsibilities, which were:
1. Memberikan masukan, pertimbangan, dan rekomendasi kepada                1. Providing input, considerations, and recommendations
    Direksi terkait pengelolaan produk asset and liabilities, termasuk         to the Board of Directors regarding management of asset
    rencana penerbitan, pengembangan, modifikasi, dan analisis                 and liabilities products, including the plan of launching,
    produk yang sudah ada;                                                     developing, modifying, and analyzing the existing products;
2. Mengawasi penerapan kebijakan produk secara konsisten dan               2. Monitoring the implementation of product policy consistently
    bertanggung jawab serta menemukan solusi untuk mengatasi                   and responsibly and seeking solutions to overcome obstacles
    hambatan atau kendala yang muncul; dan                                     or constraints that arise; and
3. Memantau dan mengevaluasi risiko potensial terhadap                     3. Monitoring and evaluating potential risks to product sales
    perkembangan penjualan produk, poin-poin pengawasan                        developments, product policy monitoring points, product
    kebijakan produk, strategi kebijakan produk, dan portofolio                policy strategies, and product portfolio. In addition, providing
    produk. Selain itu, memberikan masukan dan saran kepada                    input and advice to the Board of Directors to determine the
    Direksi untuk menentukan langkah-langkah perbaikan yang                    necessary improvements.
    diperlukan.


Struktur dan Keanggotaan Komite Produk                                     Structure and Composition of Product
                                                                           Committee
Kedudukan Komite Produk dalam struktur organisasi berada di                Product Committee’s position in the organizational structure is
bawah Direksi dengan ketua komite diangkat dan diberhentikan               under the Board of Directors and the chairperson of committee is
oleh Direksi. Struktur dan keanggotaan Komite Produk                       appointed and dismissed by the Board of Directors. The structure
berdasarkan Surat Keputusan Direksi No. 002A/SK-DIR/10/22                  and composition of Product Committee based on Board of
tanggal 20 Oktober 2022 tentang Komite Produk PT Bank Victoria             Directors’ Decision Letter No. 002A/SK-DIR/10/22 dated 20
International Tbk, diungkapkan sebagai berikut:                            October 2022 on Product Committee of PT Bank Victoria
                                                                           International Tbk are disclosed below:
1. Ketua Steering Committee diisi oleh Direktur Utama;                     1. Head of Steering Committee held by President Director;
2. Anggota Steering Committee diisi oleh Wakil Direktur Utama,             2. Members of Steering Committee held by Deputy President
   Direktur Bisnis, dan Direktur Kepatuhan dan Manajemen                       Director, Director of Business, and Director of Compliance
   Risiko;                                                                     and Risk Management;
3. Ketua Product Committee diisi oleh Senior Executive Vice                3. Head of Product Committee held by Senior Executive Vice
   President of Change Management Office;                                      President of Change Management Office;




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      Good Corporate Governance




4. Sekretaris diisi oleh Change Management Office Division             4. Secretary held by Change Management Office Division Head;
   Head; dan                                                              and
5. Anggota diisi oleh Senior Executive Vice President of               5. Member held by Senior Executive Vice President of Operations
   Operations & lnternational Banking; Senior Executive Vice              & International Banking; Senior Executive Vice President of
   President of Finance, Accounting &. Strategic Performance              Finance, Accounting &. Strategic Performance Management;
   Management; lnformation Technology Division Head;                      Information Technology Division Head; Operations & Internal
   Operations & lnternal Control Division Head; Compliance &              Control Division Head; Compliance & System Procedure
   System Procedure Division Head; Accounting Division Head;              Division Head; Accounting Division Head; Treasury Division
   Treasury Division Head; Risk Manogement/lntegrated Division            Head; Risk Management/Integrated Division Head; Branch
   Head; Branch Banking Network & Performonce Vice Division               Banking Network & Performance Vice Division Head;
   Head; Product and Marketing Communication Vice Division                Product and Marketing Communication Vice Division Head;
   Head; E-Channel and Digital Transformation Department                  E-Channel and Digital Transformation Department Head; dan
   Head; dan Commercial Banking Department Head.                          Commercial Banking Department Head.


Rapat Komite Produk                                                    Product Committee’s Meeting
Kebijakan dan pelaksanaan rapat Komite Produk diatur dalam             Policy and implementation of Product Committee meetings
Keputusan Keputusan Direksi No. 002A/SK-DIR/10/22. Komite              are regulated in the Board of Directors’ Decision Letter
Produk menyelenggarakan rapat secara berkala sebanyak 2 (dua) kali     No. 002A/SK-DIR/10/22. The Product Committee holds 2 (two)
dalam setahun atau sewaktu-waktu apabila diperlukan (insidental).      meetings in a year or at any time necessary (incidental). In its
Dalam pelaksanaannya, rapat Komite Produk dinyatakan kuorum            implementation, a Product Committee meeting is declared as
apabila dihadiri oleh minimal 50% dari anggota tetap.                  quorum if attended by at least 50% of the permanent members.


Pada tahun 2023, Komite Produk melaksanakan rapat sebanyak             In 2023, the Product Committee held 2 (two) meetings with an
2 (dua) kali dengan tingkat kehadiran 100,00%.                         attendance rate of 100.00%.




Organ Pendukung Direksi
Board of Directors’ Supporting Organ


Dalam pelaksanaan tugasnya, Direksi dibantu oleh unit-unit             In carrying out its duties, the Board of Directors is assisted by
di bawahnya. Unit-unit tersebut bertugas secara kolektif               the units below it. These units have collective duties to provide
memberikan saran dan rekomendasi mengenai kebijakan                    suggestions and recommendations on the Bank’s management
terhadap pengelolaan Bank, serta melaksanakan fungsi-fungsi            policies and perform special functions that require specific
khusus yang memerlukan keahlian khusus.                                expertise.



Corporate Secretary                                                    Corporate Secretary

Corporate Secretary berfungsi sebagai penghubung antara Bank           Corporate Secretary functions as a liaison between the Bank
dengan pemangku kepentingan, dan bertanggung jawab untuk               and stakeholders, and is responsible for monitoring the Bank’s
memantau kepatuhan Bank terhadap peraturan perundang-                  compliance with applicable laws and regulations, particularly in
undangan yang berlaku, khususnya di bidang perbankan.                  banking sector.


Pedoman Corporate Secretary                                            Corporate Secretary Charter
Dasar pembentukan dan pedoman Corporate Secretary dalam                The basis for the Corporate Secretary charter and establishment
melaksanakan tugasnya mengacu pada peraturan utama berikut:            in performing its duties refers to the following main regulations:
1. Peraturan Otoritas Jasa Keuangan No. 35/POJK.04/2015                1. Financial Services Authority Regulation No. 35/POJK.04/2015
    tentang Sekretaris Perusahaan Emiten atau Perusahaan Publik;           on Corporate Secretary of Issuers or Public Companies;




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2. Kebijakan dan Prosedur Corporate Affair berdasarkan                      2. Corporate Affair Policy and Procedure based on the Board
   Keputusan Direksi No. 021/SK-DIR/07/14 tanggal 21 Juli                      of Directors’ Decision No. 021/SK-DIR/07/14 dated 21 July
   2014 yang telah diperbarui menjadi Standar Operasional                      2014, which was updated as Standard Operating Procedure
   Prosedur Corporate Secretary Surat Keputusan Direksi No.                    of Corporate Secretary based on Board of Directors’ Decision
   003/SKDIR/12/17 tanggal 13 Desember 2017; dan                               Letter No. 003/SK-DIR/12/17 dated 13 December 2017; and
3. Standar Operasional Prosedur Rapat Umum Pemegang                         3. Standard Operating Procedure of General Meeting of
   Saham berdasarkan Keputusan Direksi No. 004/SKDIR/04/17                     Shareholders based on the Board of Directors’ Decision
   tanggal 21 April 2017.                                                      No. 004/SK-DIR/04/17 dated 21 April 2017.


Tugas dan Tanggung Jawab serta Realisasi                                    Duties, Responsibilities, and the Realization of
Pelaksanaan Tugas Corporate Secretary                                       Corporate Secretary Duties
Selama tahun 2023, Corporate Secretary telah melaksanakan                   Throughout 2023, the Corporate Secretary performed its duties
tugas dan tanggung jawabnya, yaitu:                                         and responsibilities, which were:
1. Mengikuti perkembangan pasar modal, khususnya                            1. To follow the capital market development, especially
    peraturan-peraturan yang berlaku di bidang pasar modal;                     regulations applicable in capital market sector;
2. Memberikan pelayanan kepada masyarakat atas setiap                       2. To provide services to the public for any information required
    Informasi yang dibutuhkan pemodal berkaitan dengan                          by the investors in relation to the Bank’s condition;
    kondisi Bank;
3. Memberikan masukan kepada Direksi Bank untuk mematuhi                    3. To provide input to the Bank’s Board of Directors to comply
    ketentuan Undang-Undang No. 8 Tahun 1995 tentang Pasar                     with the provisions of Law No. 8 of 1995 on Capital Market
    Modal dan peraturan pelaksanaannya; dan                                    and its implementing regulations; and
4. Sebagai penghubung atau contact person antara Bank                       4. To be the liaison or contact person between the Bank and
    dengan Otoritas Jasa Keuangan serta masyarakat.                            Financial Services Authority and public.



Profil Kepala Divisi Corporate Secretary                                Profile of Head of Corporate Secretary Division


                                     Dasar Pengangkatan dan Periode Menjabat                Basis of Appointment and Term of Office
     CAPRIE ARDIRA                   Keputusan Direksi No. 012/SK-DIR/HCM/01/21 tanggal     Board of Directors’ Decision No. 012/SK-DIR/HCM/01/21
        AZHAR                        11 Januari 2021.                                       dated 11 January 2021.

 Kepala Divisi Corporate Secretary   Riwayat Pendidikan                                     Education
  Head of Corporate Secretary        Sarjana Hukum dari Universitas Padjadjaran (2012).     Bachelor of Law from Padjadjaran University (2012).
              Division
                                     Rangkap Jabatan                                        Concurrent Positions
      Kewarganegaraan                Di dalam Bank Victoria:                                In Bank Victoria:
      Nationality                    Tidak ada.                                             None.
      Indonesia / Indonesian
                                     Di luar Bank Victoria:                                 Outside of Bank Victoria:
      Tempat Lahir                   Tidak ada.                                             None.
      Place of Birth
      Jakarta                        Rangkap Jabatan                                        History of Position
                                     • Associate Lawyer Makes & Partners Lawfirm            • Associate Lawyer of Makes & Partners Lawfirm
      Usia                             (2012-2014);                                            (2012-2014);
      Age                            • Legal & Corporate Secretary PT Victoria Investama    • Legal & Corporate Secretary of PT Victoria Investama
      36 tahun / years old             Tbk (2014-2018);                                        Tbk (2014-2018);
                                     • Head Legal and Compliance PT Sucor Sekuritas         • Head of Legal and Compliance of PT Sucor Sekuritas
      Domisili
                                       (2018-2019); dan                                        (2018-2019); and
      Domicile
                                     • Unit Head Corporate Secretary Bank Victoria          • Corporate Secretary Unit Head of Bank Victoria
      Jakarta
                                       (2019-2021).                                            (2019-2021).

                                     Sertifikasi                                            Certification
                                     Sertifikasi Manajemen Risiko Level 3 dari Lembaga      Risk Management Certification Level 3 from Banking
                                     Sertifikasi Profesi Perbankan (2022-2026).             Professional Certification Institute (2022-2026).

                                     Hubungan Afiliasi                                      Affiliation Relationship
                                     Tidak memiliki hubungan afiliasi dengan anggota        Does not have any affiliation with members of Board
                                     Dewan Komisaris, anggota Direksi, serta Pemegang       of Commissioners, members of Board of Directors, and
                                     Saham Utama dan Pengendali.                            Main and Controlling Shareholders.




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Pelatihan dan/atau Peningkatan Corporate                               Corporate Secretary’s Training and/or
Secretary                                                              Improvement
Selama tahun 2023, Corporate Secretary telah mengikuti                 Throughout 2023, the Corporate Secretary attended training
pelatihan dan/atau peningkatan kompetensi sebagai berikut:             and/or competency developments as follows:
1. Outbond: SQEW (oleh Internal Bank);                                 1. Outbound: SQEW (by Internal Bank);
2. Philosophy That Flows In My Soul (oleh Internal Bank);              2. Philosophy That Flows In My Soul (by Internal Bank);
3. Governance, Risk, and Compliance (oleh Internal Bank);              3. Governance, Risk, and Compliance (by Internal Bank);
4. Pembukaan Perdagangan Bursa Efek Indonesia dalam Rangka             4. Opening of Trading on the Indonesia Stock Exchange
    Peluncuran Roadmap Pasar Modal Indonesia 2023-2027                     in the Context of Launching the 2023-2027 Indonesian
    dan Apresiasi Hasil Penilaian ASEAN Corporate Governance               Capital Market Roadmap and Appreciating the 2021 ASEAN
    Scorecard (ACGS) Tahun 2021 (oleh Bursa Efek Indonesia);               Corporate Governance Scorecard (ACGS) Assessment Results
                                                                           (by Indonesia Stock Exchange);
5. Pendalaman Annual Report (Peraturan Otoritas Jasa                   5. In-depth Annual Report Study (Financial Services Authority
    Keuangan 29/2016 & Surat Edaran Otoritas Jasa Keuangan                 Regulation 29/2016 & Financial Services Authority Circular
    16/2021) dan Sustainability Report (POJK 51/2017) (oleh                16/2021) and Sustainability Report (POJK 51/2017) (by the
    Komite Nasional Kebijakan Governansi);                                 National Governance Policy Committee);
6. Dengar Pendapat Konsep Peraturan Bursa No. I-I Tentang              6. Hearing on the Concept of Exchange Regulation No. I-I on
    Pemecahan Saham dan Penggabungan Saham oleh                            Stock Split and Reverse Stock by Listed Companies that Issue
    Perusahaan Tercatat yang Menerbitkan Efek Bersifat Ekuitas             Equity Securities (by Indonesia Stock Exchange);
    (oleh Bursa Efek Indonesia);
7. Refreshment Sertifikasi Manajemen Risiko Jenjang 5 (oleh            7. Refreshment of Risk Management Certification Level 5 (by
    Efektif Pro);                                                          Effective Pro);
8. Membentuk Pribadi yang Amanah dan Terpercaya (oleh                  8. Shaping a Trustworthy and Trusted Personality (by Internal
    Internal Bank);                                                        Bank);
9. Outlook Banking Regulation: Tantangan Industri Perbankan,           9. Outlook Banking Regulation: Banking Industry Challenges,
    Arah Regulasi, dan Future Banking (oleh Lembaga                        Regulatory Direction, and Future Banking (by the Indonesian
    Pengembangan Perbankan Indonesia);                                     Banking Development Institute);
10. Membangun Keyakinan Nasabah Aset Digital dari Risiko Siber         10. Building Digital Asset Customer Confidence from Cyber Risk
    (oleh Otoritas Jasa Keuangan);                                         (by Financial Services Authority);
11. The Future Sustainability Reporting: An Exclusive Forum for        11. The Future Sustainability Reporting: An Exclusive Forum for
    Regulators and Listed Companies in Indonesia (oleh Global              Regulators and Listed Companies in Indonesia (by Global
    Reporting Initiative, Bursa Efek Indonesia);                           Reporting Initiative, Indonesia Stock Exchange);
12. Seminar Accelerating Sustainable Development: Experiences          12. Seminar of Accelerating Sustainable Development:
    from the Frontliners in Promoting Sustainable Bond/Sukuk               Experiences from the Frontliners in Promoting Sustainable
    Issuances and Investment (oleh Otoritas Jasa Keuangan,                 Bond/Sukuk Issuances and Investment (by Financial Services
    Bursa Efek Indonesia, Asian Development Bank, United                   Authority, Indonesia Stock Exchange, Asian Development
    Nations Development Programme);                                        Bank, United Nations Development Program);
13. Pendalaman       Peraturan      Otoritas    Jasa  Keuangan         13. In-depth Financial Services Authority Regulation Study
    No. 42/POJK.04/2020 tentang Transaksi Afiliasi dan Transaksi           No. 42/POJK.04/2020 on Transactions with Affiliation
    Benturan Kepentingan dan POJK No. 17/POJK.04/2020                      and Transactions with Conflict of Interest and POJK
    tentang Transaksi Material dan Perubahan Kegiatan Usaha                No. 17/POJK.04/2020 on Material Transaction and Changes
    Utama (oleh Indonesia Corporate Secretary Association);                of Main Business Activities (by Indonesia Corporate Secretary
                                                                           Association);
14. Mengenal Lebih Jauh Pengaturan UU P25K Dalam Rangka                14. Get to Know More about the Provisions of P25K Law in
    Penguatan Sektor Pasar Modal (oleh Otoritas Jasa Keuangan);            the context of Strengthening the Capital Markets Sector
                                                                           (by Financial Services Authority);
15. Mini Town Hall (oleh Internal Bank);                               15. Mini Town Hall (by Internal Bank);
16. Anti Fraud Management For Leaders Batch 2 (oleh                    16. Anti-Fraud Management For Leaders Batch 2 (by PT Kanatta
    PT Kanatta Daya Indonesia);                                            Daya Indonesia);
17. Compliance Refreshment Emiten dan Perusahaan Publik                17. Compliance Refreshment for Issuers and Public Companies
    (oleh Otoritas Jasa Keuangan dan Bursa Efek Indonesia);                (by Financial Services Authority and Indonesia Stock Exchange);
18. Rapat Dengar Pendapat RPOJK Klustering SSK (oleh Otoritas          18. SSK Clustering RPOJK Hearing Meeting (by Financial Services
    Jasa Keuangan);                                                        Authority);
19. Refreshment Anti Pencucian Uang dan Pencegahan                     19. Refreshment of Anti-Money Laundering and Counter-
    Pendanaan Terorisme/Pendanaan Proliferasi Senjata                      Terrorist Financing/Counter-Proliferation Financing of
    Pemusnah Massal (oleh Internal Bank);                                  Weapons of Mass Destruction (by Internal Bank);




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20. Sosialisasi Perdagangan Karbon melalui Bursa Karbon                 20. Dissemination of Carbon Trading through the Indonesian
    Indonesia (IDXCarbon) (oleh Bursa Efek Indonesia);                      Carbon Exchange (IDXCarbon) (by Indonesia Stock Exchange);
21. Penjelasan atas Peraturan Bursa No. I-A Tahun 2021 Terkait          21. Explanation of Exchange Regulation No. I-A 2021 Regarding
    Ketentuan Free Float dan Penggunaan Form E009 pada Sistem               Free Float Provisions and Use of Form E009 in IDXnet SPE
    Pelaporan SPE IDXnet (oleh Asosiasi Emiten Indonesia);                  Reporting System (by Indonesian Issuers Association);
22. Sustainable Finance Making Our Sky Become Blue Forever              22. Sustainable Finance Making Our Sky Become Blue Forever
    (oleh Otoritas Jasa Keuangan); dan                                      (by Financial Services Authority); and
23. ASEAN Corporate Governance Scorecard (ACGS) 2024 (oleh              23. ASEAN Corporate Governance Scorecard (ACGS) 2024 (by
    Otoritas Jasa Keuangan).                                                Financial Services Authority).



Satuan Kerja Audit Internal & Anti Fraud                                Internal Audit Work Unit & Anti Fraud

Satuan Kerja Audit Internal (SKAI) & Anti Fraud adalah fungsi           The Internal Audit (SKAI) & Anti Fraud is an independent function
independen yang secara langsung bertanggung jawab kepada                that is directly responsible to the President Director. This function
Direktur Utama. Fungsi ini berperan sebagai mitra bisnis strategis      acts as a strategic business partner for all management levels,
bagi seluruh tingkat manajemen, memberikan assurance dan                providing independent assurance and consulting to increase
konsultasi independen untuk meningkatkan nilai dan memperbaiki          value and improve the Bank’s operations. SKAI & Anti Fraud
operasional Bank. SKAI & Anti Fraud menggunakan pendekatan              uses a systematic approach by evaluating and improving the
sistematis dengan mengevaluasi dan meningkatkan efektivitas             effectiveness of risk management, control, and bank governance
manajemen risiko, pengendalian, dan proses tata kelola bank.            process.


Pedoman SKAI & Anti Fraud                                               SKAI & Anti Fraud Charter
Dalam melaksanakan tugas dan tanggung jawabnya, SKAI & Anti             In performing its duties and responsibilities, SKAI & Anti Fraud
Fraud mengacu pada Piagam Audit Internal, Sistem, Prosedur, dan         refers to the Internal Audit Charter, Internal Audit System,
Teknik Pemeriksaan Internal, dan Standar Operasional Prosedur           Procedure, and Technique, and Anti Fraud Standard Operating
Anti Fraud. Pedoman-pedoman tersebut terus dikaji ulang dan             Procedure. Such charters are continuously reviewed and updated
diperbarui sesuai kondisi dan perkembangan organisasi, serta            according to the organizational conditions and developments,
mengikuti perubahan peraturan perundang-undangan yang berlaku.          and following changes to the applicable laws and regulations.


Tugas dan Tanggung Jawab SKAI & Anti Fraud                              Duties and Responsibilities of the SKAI & Anti Fraud
Tugas dan tanggung jawab utama SKAI & Anti Fraud sebagai                The primary duties and responsibilities of SKAI & Anti Fraud are
berikut:                                                                as follows:
1. Membantu tugas Direktur Utama dan Dewan Komisaris                    1. Assisting the President Director and Board of Commissioners
    dalam melakukan pengawasan dengan cara menjabarkan                       in monitoring by detailing the operations of planning,
    secara operasional baik perencanaan, pelaksanaan, maupun                 implementation, or monitoring of the audit result;
    pemantauan hasil audit;
2. Menyusun dan melaksanakan perencanaan audit tahunan,                 2. Preparing and conducting the annual audit planning, among
    antara lain analisis dan penilaian di bidang keuangan,                 others, the analysis and assessment in the fields of finance,
    akuntansi, operasional, perkreditan, dan kegiatan lain;                accounting, operations, credit, and other activities;
3. Mengidentifikasi segala kemungkinan untuk memperbaiki                3. Identifying all possibilities to improve and enhance the
    dan meningkatkan efisiensi penggunaan sumber daya dan                  efficient use of resources and funds;
    dana;
4. Memberikan saran perbaikan dan informasi yang objektif               4. Providing advice for improvement and objective information
    tentang kegiatan yang diperiksa pada semua tingkatan                   on activities audited at all management levels;
    manajemen;
5. Memantau, menganalisis, dan melaporkan pelaksanaan                   5. Monitoring, analyzing, and reporting the follow-up actions of
    tindak lanjut perbaikan yang telah disarankan;                         the suggested corrective actions;
6. Memberikan penilaian tingkat keyakinan kualitas pelaksanaan          6. Assessing the confidence level of quality of duty implementation
    tugas atas proses manajemen risiko, sistem pengendalian                of the risk management process, internal control system, and
    internal dan tata kelola usaha telah dilaksanakan secara               business governance that has been implemented sufficiently
    cukup dan efektif di seluruh Unit Kerja Bank Victoria;                 and effectively in all Work Units of Bank Victoria;
7. Membuat laporan hasil audit dan menyampaikan laporan                 7. Preparing the audit result report and submitting the report
    tersebut kepada Direktur Utama dan Dewan Komisaris;                    to the President Director and the Board of Commissioners;
8. Bekerja sama dengan Komite Audit dalam melakukan                     8. Cooperating with the Audit Committee in supervising
    pengawasan dan memonitor pelaksanaan tindak lanjut                     and monitoring the implementation of follow-up for
    perbaikan atas temuan SKAI;                                            improvements to SKAI findings;




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9. Memberikan saran perbaikan dan informasi yang objektif                   9. Providing recommendations for improvement and objective
    tentang kegiatan yang diperiksa pada semua tingkatan                        information on activities audited at all management levels;
    manajemen; dan                                                              and
10. Melaksanakan fungsi Audit Internal Terintegrasi dalam                   10. Performing the functions of Integrated Internal Audit in the
    rangka konglomerasi keuangan Grup Victoria.                                 framework of Victoria Group’s financial conglomeration.


Kedudukan dan Struktur SKAI & Anti Fraud                                    Position and Structure of SKAI & Anti Fraud
Kedudukan SKAI & Anti Fraud berada langsung di bawah Direktur               The position of SKAI & Anti Fraud is directly under the President
Utama. SKAI & Anti Fraud bertindak independen dan bertanggung               Director. SKAI & Anti Fraud acts independently and is directly
jawab secara langsung kepada Direktur Utama. Divisi ini memiliki            responsible to the President Director. This division has a direct
jalur komunikasi langsung dengan Komite Audit dan Dewan                     communication line with the Audit Committee and the Board
Komisaris serta memiliki akses yang tidak terbatas terhadap                 of Commissioners, has unrestricted access to all activities
seluruh aktivitas di Bank dan merupakan mitra manajemen                     in the Bank, and is a management partner in realizing GCG
dalam mewujudkan implementasi GCG. Kepala SKAI & Anti Fraud                 implementation. The Head of SKAI & Anti Fraud is appointed and
diangkat dan diberhentikan oleh Direktur Utama atas persetujuan             dismissed by the President Director, with approval from the Board
Dewan Komisaris. Pengangkatan dan pemberhentian tersebut                    of Commissioners. The appointment and dismissal are reported
dilaporkan kepada regulator.                                                to the regulator.



Profil Kepala Divisi SKAI & Anti Fraud                                   Profile of Head of SKAI & Anti Fraud Division

                                    Dasar Pengangkatan dan Periode Menjabat                    Basis of Appointment and Term of Office
                                    Keputusan Direksi No. 017/SK-DIR/HCM/11/21 tanggal         Board of Directors’ Decision No. 017/SK-DIR/HCM/11/21
 DJOKO SOENDJOJO                    22 November 2021.                                          dated 22 November 2021.

  Kepala Divisi SKAI & Anti Fraud   Riwayat Pendidikan                                         Education
  Head of Corporate Secretary       Sarjana Ekonomi dari STIE Malangkucecwara Malang           Bachelor of Economics from STIE Malangkucecwara,
             Division               (1993).                                                    Malang (1993).

                                    Rangkap Jabatan                                            Concurrent Positions
      Kewarganegaraan               Di dalam Bank Victoria:                                    In Bank Victoria:
      Nationality                   Tidak ada.                                                 None.
      Indonesia / Indonesian
                                    Di luar Bank Victoria:                                     Outside of Bank Victoria:
      Tempat Lahir                  Tidak ada.                                                 None.
      Place of Birth
      Surabaya                      Riwayat Jabatan                                            History of Position
                                    • Staff Senior Akuntansi dan Keuangan PT Bank              • Senior Accounting and Finance Staff of
      Usia                            Andromeda Kantor Pusat Jakarta (1995–1997);                 PT Bank Andromeda, Jakarta Head Office (1995–1997);
      Age                           • Staff Senior Akuntansi dan Keuangan PT Bank Alfa         • Senior Accounting and Finance Staff of PT Bank Alfa
      55 tahun / years old            BBKU Kantor Pusat Jakarta (1997–1999);                      BBKU, Jakarta Head Office (1997-1999);
                                    • Staff Administrasi BBO-BBKU BBPN/IBRA Kantor             • Administration Staff of BBO-BBKU BBPN/IBRA,
      Domisili
                                      Pusat Jakarta (2000–2004);                                  Jakarta Head Office (2000–2004);
      Domicile
                                    • Staff Senior Keuangan & Custody Tim Likuidasi            • Senior Staff of Finance & Custody of Liquidation
      Jakarta
                                      PT Bank Prasidha Utama Kantor Pusat Jakarta                 Team of PT Bank Prasidha Utama, Jakarta Head
                                      (2004);                                                     Office (2004);
                                    • Kepala Seksi Manajemen Risiko Bank Victoria (2005);      • Head of Risk Management Section of Bank Victoria
                                                                                                  (2005);
                                    • Kepala Seksi Financial Control Bank Victoria             • Head of Financial Control Section of Bank Victoria
                                      (2005–2006);                                                (2005-2006);
                                    • Kepala Satuan Kerja Audit Interen (SKAI) Bank            • Head of Internal Audit Unit (IAU) of Bank Victoria
                                      Victoria (2006); dan                                        (2006); and
                                    • Kepala Divisi Administrasi Pengkreditan Bank Victoria    • Head of Credit Administration Division of Bank
                                      (2015-2018).                                                Victoria (2015-2018).

                                    Sertifikasi                                                Certification
                                    • Sertifikasi Audit Intern Level Supervisor dari Lembaga   • Supervisor Level of Internal Audit Certification
                                      Sertifikasi Profesi Perbankan (2022-2026); dan             from the Banking Profession Certification Institute
                                                                                                  (2022-2026); and
                                    • Sertifikasi Manajemen Risiko Level 4 dari Lembaga        • Risk Management Certification Level 4 from
                                      Sertifikasi Profesi Perbankan (2022-2024).                 the Banking Profession Certification Institute
                                                                                                 (2022-2024).

                                    Hubungan Afiliasi                                          Affiliation Relationship
                                    Tidak memiliki hubungan afiliasi dengan anggota            Does not have any affiliation with members of Board
                                    Dewan Komisaris, anggota Direksi, serta Pemegang           of Commissioners, members of Board of Directors, and
                                    Saham Utama dan Pengendali.                                Main and Controlling Shareholders.




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Komposisi dan Sertifikasi Profesi SKAI & Anti                               Composition and Professional Certification of
Fraud                                                                       SKAI & Anti Fraud
Pada tahun 2023, terdapat 8 (delapan) orang personel SKAI &                 In 2023, there were 8 (eight) personnel of SKAI & Anti Fraud.
Anti Fraud. Anggota SKAI & Anti Fraud memiliki pendidikan                   Members of SKAI & Anti Fraud have adequate education and
dan kompetensi yang memadai sebagai auditor dan telah                       competency as auditors and have received certification in
mendapatkan sertifikasi dalam manajemen risiko perbankan                    banking risk management in accordance with the provisions of
sesuai ketentuan Bank Indonesia. Berikut sertifikasi profesi yang           Bank Indonesia. The following are professional certification held
dimiliki personel SKAI & Anti Fraud Bank:                                   by the Bank’s SKAI & Anti Fraud personnel:


          Nama              Jabatan                Sertifikasi                    Masa Berlaku                     Penyelenggara
          Name              Position              Certifications                 Validity Period                     Organizer
 SERTIFIKASI AUDIT INTERNAL / INTERNAL AUDIT CERTIFICATION

 Djoko Soendjojo        Kepala Divisi      Level Auditor Supervisor          5 Desember 2026          Lembaga Sertifikasi Profesi Perbankan
                        Head of Division   Supervisor Auditor Level          5 December 2026          Banking Profession Certification Institution

 Ferry A Deuning        Kepala Unit        Level Auditor                     24 Agustus 2023          Lembaga Sertifikasi Profesi Perbankan
                        Head of Unit       Auditor Level                     24 August 2023           Banking Profession Certification Institution

 Joel Eka M Krissata    Senior Officer     Level Supervisor                  5 Desember 2026          Lembaga Sertifikasi Profesi Perbankan
                                           Supervisor Level                  5 December 2026          Banking Profession Certification Institution

 Fadillah Syarif        Senior Officer     Level Supervisor                  5 Desember 2026          Lembaga Sertifikasi Profesi Perbankan
                                           Supervisor Level                  5 December 2026          Banking Profession Certification Institution

 Jantamen Simanjuntak   Officer            Level Auditor                     5 Desember 2026          Lembaga Sertifikasi Profesi Perbankan
                                           Auditor Level                     5 December 2026          Banking Profession Certification Institution

 Diah Rucihto Januar    Level Auditor      -                                 -                        -
                        Auditor Level

 Yohanes Reynaldi       Level Auditor      -                                 -                        -
                        Auditor Level

 Made Putera Kemara     Level Auditor      Level Auditor                     6 Februari 2025          Lembaga Sertifikasi Profesi Perbankan
                        Auditor Level      Auditor Level                     6 February 2025          Banking Profession Certification Institution

 SERTIFIKASI MANAJEMEN RISIKO / RISK MANAGEMENT CERTIFICATION

 Djoko Soendjojo        Kepala Divisi      Manajemen Risiko Level 4          7 September 2024         Lembaga Sertifikasi Profesi Perbankan
                        Head of Division   Risk Management Level 4                                    Banking Profession Certification Institution

 Ferry A Deuning        Kepala Unit        Manajemen Risiko Level 3          8 Desember 2024          Lembaga Sertifikasi Profesi Perbankan
                        Head of Unit       Risk Management Level 3           8 December 2024          Banking Profession Certification Institution

 Joel Eka M Krissata    Senior Officer     Manajemen Risiko Level 3          26 September 2024        Lembaga Sertifikasi Profesi Perbankan
                                           Risk Management Level 3                                    Banking Profession Certification Institution

 Fadillah Syarif        Senior Officer     Manajemen Risiko Level 3          26 September 2024        Lembaga Sertifikasi Profesi Perbankan
                                           Risk Management Level 3                                    Banking Profession Certification Institution

 Jantamen Simanjuntak   Officer            Manajemen Risiko Level 1          22 November 2026         Lembaga Sertifikasi Profesi Perbankan
                                           Risk Management Level 1                                    Banking Profession Certification Institution

 Diah Rucihto Januar    Senior Officer     -                                 -                        -

 Yohanes Reynaldi       Officer            Manajemen Risiko Level 1          29 November 2026         Lembaga Sertifikasi Profesi Perbankan
                                           Risk Management Level 1                                    Banking Profession Certification Institution

 Made Putera Kemara     Officer            Manajemen Risiko Level 1          15 Februari 2024         Badan Sertifikasi Manajemen Risiko
                                           Risk Management Level 1           15 February 2024         Risk Management Certification Institution

 CERTIFICATE ANTI FRAUD MANAGER

 Ferry A Deuning        Kepala Unit        Certificate Anti Fraud Manager    2 November 2024          Asia Anti Fraud
                        Head of Unit

 Joel Eka M Krissata    Senior Officer     Certificate Anti Fraud Manager    29 September 2023        Asia Anti Fraud




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Rapat SKAI & Anti Fraud                                                 SKAI & Anti Fraud’s Meeting
SKAI & Anti Fraud rutin mengadakan rapat dengan Komite                  SKAI & Anti Fraud regularly holds meetings with Audit
Audit, Direksi, dan Dewan Komisaris setidaknya 4 (empat) kali           Committee, Board of Directors, and Board of Commissioners at
dalam setahun. Pada setiap pertemuan, SKAI & Anti Fraud                 least 4 (four) times in a year. At each meeting, SKAI & Anti Fraud
menyampaikan laporan hasil pemeriksaan audit triwulan. Pada             submits a report of audit results every quarter. In 2023, SKAI &
tahun 2023, SKAI & Anti Fraud telah menggelar 12 (dua belas)            Anti Fraud conducted 12 (twelve) meetings with the Board of
rapat dengan Dewan Komisaris, Direksi, dan/atau Komite Audit.           Commissioners, Board of Directors, and/or Audit Committee.


Agenda Rapat SKAI & Anti Fraud                                          Meeting Agenda for SKAI & Anti Fraud
Agenda rapat SKAI & Anti Fraud dan Direksi meliputi rencana kerja       The agenda for the SKAI & Anti Fraud meeting with the Board
SKAI & Anti Fraud tahun 2023, laporan pokok-pokok semester              of Directors encompasses the SKAI & Anti Fraud work plan
II tahun 2022 dan pakta integritas, laporan hasil pemeriksaan           for the year 2023, highlights of the second semester report
SKAI & Anti Fraud, hasil pemeriksaan KCU BIP dan commercial             of 2022 and the integrity pact, SKAI & Anti Fraud inspection
large periode Januari 2023, laporan hasil pemeriksaan SKAI &            findings, inspection results of the BIP branch and commercial
Anti Fraud dan pemeriksaan khusus, dan pembahasan capital               large clients for the period of January 2023, SKAI & Anti Fraud
expenditure dan operating expenditure 2024. Sementara agenda            inspection results and special inspections, as well as discussions
rapat SKAI & Anti Fraud dengan Dewan Komisaris dan Komite               on capital expenditure and operating expenditure for 2024.
Audit meliputi realisasi audit triwulan III dan triwulan IV tahun       Meanwhile, the agenda for the SKAI & Anti Fraud meeting with
2022, realisasi rencana audit triwulan IV tahun 2022 dan triwulan       the Board of Commissioners and the Audit Committee includes
I tahun 2023, draft laporan evaluasi SKAI & Anti Fraud BVI,             the realization of the third and fourth quarter audits for the year
realisasi rencana audit triwulan II tahun 2023, rencana audit           2022, realization of the fourth quarter audit plan for 2022 and
triwulan III tahun 2023, dan realisasi rencana audit triwulan IV        the first quarter of 2023, draft evaluation report of SKAI & Anti
sampai dengan 15 Desember 2023.                                         Fraud BVI, realization of the second quarter audit plan for 2023,
                                                                        audit plan for the third quarter of 2023, and realization of the
                                                                        fourth quarter audit plan until 15 December 2023.


Rencana dan Realisasi Pelaksanaan Kerja SKAI &                          Work Plan and Realization of SKAI & Anti Fraud
Anti Fraud
Setiap tahun, SKAI & Anti Fraud menyusun rencana kerja sebagai          Every year, SKAI & Anti Fraud prepares a work plan as a guide
panduan untuk melaksanakan kegiatan pemeriksaan tahunan                 in conducting annual audit effectively. In 2023, the number of
dengan efektif. Pada tahun 2023, jumlah rencana dan realisasi           plans and actual audits conducted by SKAI & Anti Fraud were as
pemeriksaan oleh SKAI & Anti Fraud sebagai berikut:                     follows:


                                                                                                                   Pencapaian
       Jenis Pemeriksaan                    Rencana Audit                     Realisasi Audit
                                                                                                                  Achievement
         Type of Audit                        Audit Plan                       Actual Audit
                                                                                                                      (%)
 Pemeriksaan Kantor Cabang Utama
                                                   14                                14                               100.00
 Audit of Main Branch Office

 Pemeriksaan Unit Kerja Bisnis
                                                    5                                    5                            100.00
 Audit of Business Unit

 Pemeriksaan Unit Kerja Non-Bisnis
                                                    7                                    7                            100.00
 Audit of Non-Business Units



Temuan dan Tindak Lanjut Hasil Audit                                    Findings and Follow-Up on Audit Results
Pada tahun 2023, hasil audit menghasilkan temuan yang telah             The audit carried out in 2023 resulted findings reported to the
dilaporkan kepada Dewan Komisaris dan Direksi. Temuan tersebut          Board of Commissioners and Board of Directors. These findings
menghasilkan rekomendasi yang harus ditindaklanjuti oleh                resulted in recommendations that must be followed-up by the
auditee. Rekomendasi yang telah diselesaikan akan diinformasikan        auditee. Completed recommendations will be informed to the
kepada auditee dan Direksi, sementara rekomendasi yang                  auditee and Board of Directors, while pending recommendations
masih tertunda akan terus dipantau penyelesaiannya oleh SKAI            will continuously be monitored for the completion by SKAI & Anti
& Anti Fraud. Jumlah temuan hasil audit di sepanjang tahun              Fraud. Throughout the year 2023, there were a total of 681 audit
2023 sebanyak 681 temuan, 571 temuan atau 83,85% telah                  findings. Of these, 571 findings, or 83.85%, have been addressed,
ditindaklanjuti dan sebanyak 110 temuan atau 16,15% masih               while 110 findings, or 16.15%, are still undergoing improvement
dalam proses perbaikan.                                                 processes.




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Pelatihan dan/atau Peningkatan SKAI & Anti                              SKAI & Anti Fraud’s Training and/or
Fraud                                                                   Improvement
Selama tahun 2023, SKAI & Anti Fraud telah mengikuti pelatihan          Throughout 2023, SKAI & Anti Fraud attended training and/or
dan/atau peningkatan kompetensi sebagai berikut:                        competency developments as follows:
1. Fundametnal IT Audit for Internal Auditor: Planning, Performing      1. Fundamental IT Audit for Internal Auditor: Planning,
    and Presenting (oleh PT Andalan Teknologi Inovasi);                     Performing and Presenting (by PT Andalan Teknologi Inovasi);
2. Risk Based Audit (oleh PT Kanatta Daya Indonesia);                   2. Risk Based Audit (by PT Kanatta Daya Indonesia);
3. Induction Program (oleh Bank Victoria);                              3. Induction Program (by Bank Victoria);
4. Philosophy that Flows in My Soul (oleh Bank Victoria);               4. Philosophy that Flows in My Soul (by Bank Victoria);
5. Governance, Risk, and Compliance (oleh Bank Victoria);               5. Governance, Risk, and Compliance (by Bank Victoria);
6. Building Trust and Transparancey (oleh Paques);                      6. Building Trust and Transparency (by Paques);
7. Global Professional Accountant: Technology, Skills and               7. Global Professional Accountant: Technology, Skills and
    Globalization (oleh Perbanas Institute dan Institut Akuntan             Globalization (by Perbanas Institute and Institute of Public
    Publik Indonesia);                                                      Accountants Indonesia);
8. Pencegahan, Pendeteksian dan Pengendalian Fraud (oleh                8. Fraud Prevention, Detection and Control (by PT Globe
    PT Globe Persada Indonesia);                                            Persada Indonesia);
9. Liquidity Coverage Ratio (LCR) and Net Stable Funding                9. Liquidity Coverage Ratio (LCR) and Net Stable Funding
    Ration (NSFR) (Peraturan Otoritas Jasa Keuangan                         Ration (NSFR) (Financial Services Authority Regulation
    No. 42/POJK.03/2015 dan Peraturan Otoritas Jasa Keuangan                No. 42/POJK.03/2015 and Financial Services Authority
    No. 50/POJK.03/2017) (oleh Risiko Manajemen Gagasan);                   Regulation No. 50/POJK.03/2017) (by Risk Management Ideas);
10. Investigasi Audit Forensik sebagai Cara Pencegahan dan              10. Forensic Audit Investigation as a Way of Fraud Prevention
    Mitigasi Fraud (oleh Banking Finance Development Center);               and Mitigation (by Banking Finance Development Center);
11. Team Building dan Outbond: Working Together in Harmony              11. Team Building and Outbound: Working Together in Harmony
    (oleh Bank Victoria);                                                   (by Bank Victoria);
12. Audit Kredit Bank Berbasis Manajemen Risiko (oleh Lembaga           12. Risk Management Based Bank Credit Audit (by Information
    Pusat Studi Informasi);                                                 Study Center Institute);
13. Refreshment Sertifikasi Manajemen Risiko: Risk in Digital           13. Risk Management Certification Refreshment: Risk in Digital
    World (oleh PT Efektifpro Knowledge Source);                            World (by PT Efektifpro Knowledge Source);
14. Membangun keyakinan Nasabah Aset Digital dari Risiko Siber          14. Building Customer Confidence in Digital Assets from Cyber
    (oleh Otoritas Jasa keuangan Institute);                                Risk (by Financial Services Authority Institute);
15. ISO 27001 tentang Sistem Manajemen Keamanan Informasi               15. ISO 27001 on Information Security Management System (by
    (oleh Veda Praxis);                                                     Veda Praxis);
16. Outlook Banking Regulation: Tantangan Industri Perbankan,           16. Banking Regulation Outlook: Banking Industry Challenges,
    Arah Regulasi, dan Future Banking (oleh Lembaga                         Regulatory Directions, and Future Banking (by Indonesian
    Pengembangan Perbankan Indonesia);                                      Banking Development Institute);
17. Identifikasi Dokumen dan Pemeriksaan Keaslian Mata Uang             17. Document Identification and Authenticity Check of Paper
    Kertas (Rupiah dan Valas) - Batch 4 (oleh PT Andara Sarana);            Currency (Rupiah and Forex) - Batch 4 (by PT Andara Sarana);
18. Bank Victoria Mendukung Penuh Pemerintah dalam                      18. Bank Victoria Fully Supports the Government in Preventing
    Mencegah Anti Pencucian Uang dan Pendanaan Terorisme                    Anti-Money Laundering and Financing of Terrorism (AML/
    (APU dan PPT) (oleh PT Andara Sarana);                                  CFT) (by PT Andara Sarana);
19. Refreshment Pencegahan Tindak Pidana Pencucian Uang,                19. Refreshment on Prevention of Money Laundering, Prevention
    Pencegahan Pendanaan Terorisme dan Pencegahan                           of Financing of Terrorism and Prevention of Financing of
    Pendanaan Proliferasi Senjata Pemusnah Massal berdasarkan               Proliferation of Weapons of Mass Destruction based on
    Peraturan Otoritas Jasa Keuangan No. 8 Tahun 2023 (oleh                 Financial Services Authority Regulation No. 8 of 2023 (by PT
    PT Andara Sarana);                                                      Andara Sarana);
20. Refreshment Financial Integrity Rating (FIR) dan Tindak             20. Refreshment of Financial Integrity Rating (FIR) and
    Pidana Pencucian Uang (TPPU) Jelang Pemilu 2024                         Money Laundering Crimes Ahead of the 2024 Election
    (oleh PT Andara Sarana);                                                (by PT Andara Sarana);
21. Expert Sharing Outlook Banking Regulation (oleh Lembaga             21. Expert Sharing Outlook Banking Regulation (by the
    Pengembangan Perbankan Indonesia);                                      Indonesian Banking Development Institute);
22. Coaching and Sharing Kepala Operasional (oleh Bank                  22. Coaching and Sharing Head of Operations (by Bank Victoria);
    Victoria);
23. Revitaslisasi Komptensi Surat Pemberitahuan Tahunan                 23. Revitalization of Annual Notification Letter Competency (by
    (oleh Forum Komunikasi Satuan Pengawasan Intern Wilayah                 Communication Forum for Internal Audit Units in West Java -
    Jawa Barat – Banten);                                                   Banten Region);




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24. Compliance Risk for Financial Technology, Lembaga                  24. Compliance Risk for Financial Technology, Indonesian
    Pengembangan Perbankan Indonesia dan Fintech Indonesia                 Banking Development Institute and Fintech Indonesia (by
    (oleh Asosiasi FinTech Indonesia);                                     Indonesian FinTech Association);
25. Meningkatkan Efektivitas Sinergi Kerja Fungsi SKAI,                25. Improving the Effectiveness of Work Synergy of SKAI,
    Kepatuhan dan Risiko (oleh Equivalent Training Center);                Compliance and Risk Functions (by Equivalent Training Center);
26. Buka Puasa Bersama 2023 (oleh Bank Victoria);                      26. Breaking the Fast Together 2023 (by Bank Victoria);
27. Anti Fraud Management for Leaders Batch 2 (oleh Kanatta            27. Anti Fraud Management for Leaders Batch 2 (by Kanatta
    Daya);                                                                 Daya);
28. Webinar Forensic Audit (oleh Universitas Sarjanawiyata             28. Forensic Audit Webinar (by Sarjanawiyata Tamansiswa
    Tamansiswa);                                                           University);
29. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);          29. Socialization of Risk Register Policy (by Bank Victoria);
30. National Anti Fraud Conference 2023 (oleh Association of           30. National Anti Fraud Conference 2023 (by Association of
    Certified Fraud Examiners);                                            Certified Fraud Examiners);
31. Refreshment Laporan Hasil Penilaian Kepatuhan (LHPK)               31. Refreshment of Compliance Assessment Report (LHPK) of
    Sistem Pembayaran dan Financial Market Infrastructure Bank             Payment System and Financial Market Infrastructure of Bank
    Indonesia serta Kantor Pengelola Daftar Hitam Nasional                 Indonesia and National Blacklist Management Office (SP and
    (SP dan FMI BI serta KPDHN) Tahun 2023 (oleh Bank Indonesia);          FMI BI and KPDHN) in 2023 (by Bank Indonesia);
32. Expert Sharing Session - Keuangan Berkelanjutan (oleh              32. Expert Sharing Session - Sustainable Finance (by Financial
    Otoritas Jasa Keuangan Institute);                                     Services Authority Institute);
33. Induction Training Program (oleh Bank Victoria); dan               33. Induction Training Program (by Bank Victoria); and
34. Sosialisasi/Focus Group Discussion Compliance Champion -           34. Socialization/Focus Group Discussion Compliance Champion -
    Budaya Kepatuhan (oleh Bank Victoria).                                 Compliance Culture (by Bank Victoria).




Akuntan Publik
Public Accountant



Audit eksternal oleh pihak independen diperlukan untuk                 External audit by an independent party is necessary to ensure
memastikan akuntabilitas informasi terutama pada aspek                 information accountability, particularly in financial aspect
keuangan agar Bank dapat menentukan langkah strategis dan              so that the Bank can determine the right strategic steps and
kebijakan yang mendukung keberlanjutan bisnis. Sesuai dengan           policies to support business sustainability. Pursuant to the
Peraturan Otoritas Jasa Keuangan No. 32/POJK.03/2016, audit            Financial Services Authority Regulation No. 32/POJK.03/2016,
Laporan Keuangan Bank dilakukan oleh akuntan publik yang               audits on the Bank’s Financial Statements are conducted by
independen, kompeten, profesional, dan objektif sesuai Standar         an independent, competent, professional, and objective public
Profesional Akuntan Publik. Penunjukan akuntan publik untuk            accountant in accordance with Public Accountant Professional
memberikan jasa audit harus diputuskan oleh RUPS dengan                Standards. The appointment of public accountant to provide
mempertimbangkan usulan Dewan Komisaris.                               audit services shall be resolved by the GMS with due observance
                                                                       of the Board of Commissioners’ proposal.



Informasi Jasa Assurance dan/atau                                      Information on Assurance and/or
Non Assurance yang Diberikan Akuntan                                   Non-Assurance Services Provided by Public
Publik atau Kantor Akuntan Publik dan/atau                             Accountant or Public Accounting Firm and/
Afiliasi atau Jaringannya                                              or its Affiliates or Network

Berdasarkan     Peraturan     Otoritas    Jasa     Keuangan            Pursuant to the Financial Services Authority Regulation
No. 13/POJK.03/2017, audit atas Laporan Keuangan Bank                  No. 13/POJK.03/2017, audits on the Bank’s Financial Statements
dilakukan oleh akuntan publik maksimal selama 3 (tiga) tahun           are conducted by public accountant for 3 (three) consecutive




236       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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buku secara berturut-turut. Oleh karena itu, Bank Victoria                 fiscal years at most. Therefore, Bank Victoria presents a list of
menyajikan daftar kantor akuntan publik, akuntan publik, jasa              public accounting firms, public accountants, services provided,
yang diberikan, dan nilai imbalan jasa (honorarium) untuk audit            and honorarium given in regard of auditing Bank Victoria’s
Laporan Keuangan Konsolidasian Bank Victoria selama 5 (lima)               Consolidated Financial Statements for the last 5 (five) years.
tahun terakhir.


                                                                                  Tahun Buku
               Uraian                                                             Fiscal Year
             Description
                                          2023                 2022                   2021                 2020                  2019
Kantor Akuntan Publik              Purwantono, Sungkoro & Surja (member of Ernst & Young)           Tanudiredja, Wibisana, Rintis dan Rekan
Public Accounting Firm                                                                              (member of Pricewaterhouse Cooper)
                                                                                                    Tanudiredja, Wibisana, Rintis and Partners
                                                                                                    (member of Pricewaterhouse Cooper)

Akuntan Publik                           Yovita                Yovita                 Yovita         Jimmy Pangestu, SE   Jimmy Pangestu, SE
Public Accountant

Nomor Izin Akuntan Publik
                                        AP. 0242              AP. 0242               AP. 0242             AP. 1124             AP. 1124
Public Accountant License Number

Masa Kontrak                                                                    Januari-Desember
Contract Period                                                                 January-December

Biaya (Rp)
                                      1,650,000,000        2,320,000,000          1,550,000,000        1,700,000,000         1,500,000,000
Fee (Rp)




Jasa Non-Audit yang Diberikan Akuntan                                      Non-Auditing Services Provided by Public
Publik                                                                     Accountant

Selama tahun 2023, tidak terdapat jasa lain yang diberikan oleh            Throughout 2023, there were no other services provided by Public
Kantor Akuntan Publik Purwantono, Sungkoro & Surja selain jasa             Accounting Firm Purwantono, Sungkoro & Surja office other than
audit Laporan Keuangan Tahun Buku 2023. Dengan demikian,                   auditing services for Financial Statements for 2023 fiscal year. As
tidak terdapat biaya yang dikeluarkan untuk jasa non-audit.                such, there was no expense incurred for non-audit services.



Koordinasi Akuntan Publik dengan Auditor                                   Coordination between Public Accountant and
Internal dan Komite Audit                                                  Internal Auditor and Audit Committee

Bank secara konsisten meningkatkan komunikasi antara akuntan               The Bank consistently improves communication between the
publik, auditor internal, dan Komite Audit untuk mengurangi                public accountant, internal auditor, and Audit Committee to
kendala selama proses audit serta memastikan bahwa proses                  reduce constraints that may occur during the audit process and
audit sesuai dengan Standar Profesional Akuntan, perjanjian                to ensure that the audit process is in accordance with Accountant
kerja, ruang lingkup audit yang telah ditetapkan, serta selesai            Professional Standards, work agreement, audit scope that
sesuai target waktu. Bank secara rutin mengadakan pertemuan                has been determined, and completed according to the target
untuk membahas masalah yang mungkin muncul dan menangani                   time. The Bank regularly holds meetings to address issues that
perbedaan pendapat antara akuntan publik dan auditor internal.             may arise and handle dissenting opinion between the public
                                                                           accountant and the internal auditor.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Sistem Pengendalian Internal
Internal Control System



Sistem Pengendalian Internal (SPI) merupakan komponen                  The Internal Control System (SPI) is an important component
penting dalam manajemen dan operasional Bank. Efektivitas              in the Bank’s management and operations. The effectiveness
SPI membantu menjaga aset bank, memastikan pelaporan                   of SPI helps maintain Bank’s assets, ensure reliable financial
keuangan dan manajerial yang dapat dipercaya, meningkatkan             statements and managerial reports, improve compliance with
kepatuhan terhadap peraturan, dan mengurangi risiko kerugian,          regulations, and reduce risk of losses, deviation, and breaches of
penyimpangan, serta pelanggaran aspek kehati-hatian.                   prudential aspects.



Ruang Lingkup Pengendalian Internal                                    Internal Control Scope

Bank Victoria menerapkan SPI dengan merujuk pada Surat                 Bank Victoria applies SPI by referring to the Financial Services
Edaran Otoritas Jasa Keuangan No. 35/SEOJK.03/2017 tentang             Authority Circular No. 35/SEOJK.03/2017 on Guidelines for
Pedoman Standar Sistem Pengendalian Internal bagi Bank                 Standards of Internal Control System for Commercial Banks. The
Umum. Tanggung jawab implementasi pengendalian internal                responsibility for implementing reliable and effective internal
yang andal dan efektif di Bank melibatkan seluruh pihak dalam          control at the Bank involves all parties in the organization,
organisasi, meliputi:                                                  including:
1. Direksi                                                             1. Board of Directors
    Bertanggung jawab menciptakan dan memelihara                           Responsible for creating and maintaining effective internal
    pengendalian internal yang efektif, serta memastikan bahwa             control, and ensuring that the system runs safely and reliably
    sistem tersebut berjalan secara aman dan andal sesuai                  in accordance with the internal control objectives specified
    dengan tujuan pengendalian internal yang telah ditetapkan              by the Bank.
    oleh Bank.
2. Dewan Komisaris                                                     2. Board of Commissioners
    Bertanggung jawab mengawasi pelaksanaan pengendalian                  Responsible for supervising the implementation of internal
    internal secara umum, termasuk kebijakan Direksi yang                 control in general, including the Board of Directors’ policies
    menetapkan pengendalian internal.                                     that establish internal control.
3. SKAI & Anti Fraud                                                   3. SKAI & Anti Fraud
    Bertanggung jawab mengevaluasi dan berperan aktif                     Responsible for evaluating and taking an active role in
    dalam meningkatkan efektivitas pengendalian internal                  improving the effectiveness of internal control on an ongoing
    secara berkesinambungan, berkaitan dengan pelaksanaan                 basis, in relation to the implementation of the Bank’s
    operasional Bank yang berpotensi menimbulkan kerugian                 operations that may potentially incur losses in achieving the
    dalam pencapaian sasaran yang telah ditetapkan oleh                   targets specified by the management. In this regard, the Bank
    manajemen. Terkait hal ini, Bank senantiasa memastikan agar           consistently ensures that reporting channels are adequate
    jalur pelaporan telah memadai dan auditor internal telah              and that internal auditors have the expertise, particularly
    memiliki keahlian, khususnya terkait praktik dan penerapan            regarding the practice and application of risk assessments.
    penilaian risiko.
4. Pejabat Eksekutif dan Karyawan                                      4. Executive Officers and Employees
    Bertanggung jawab melaksanakan pengendalian internal                  Responsible for implementing the internal control
    yang telah ditetapkan oleh manajemen Bank. Melalui                    established by the Bank’s management. Through effective
    pengendalian internal yang efektif, tanggung jawab Pejabat            internal control, the responsibilities of Executive Officers
    Eksekutif dan karyawan Bank akan meningkat, mendorong                 and Bank employees will improve and promote an adequate
    budaya risiko yang memadai, serta mempercepat proses                  risk culture, as well as accelerate the process of identifying
    identifikasi terhadap praktik perbankan yang tidak sehat dan          unhealthy banking practices and organization through an
    terhadap organisasi melalui sistem deteksi dini yang efisien.         efficient early-detection system.
5. Pihak Eksternal                                                     5. External Parties
    Antara lain meliputi Otoritas Jasa Keuangan, auditor                  Among others including the Financial Services Authority,
    eksternal, dan nasabah Bank yang berkepentingan terhadap              external auditors, and Bank’s customers who have an interest
    terlaksananya pengendalian internal yang andal dan efektif.           in the implementation of reliable and effective internal
                                                                          controls.




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Dewan Komisaris dan Direksi juga memiliki peran khusus dalam          The Board of Commissioners and Board of Directors also
memastikan komitmen, perilaku, kepedulian, dan implementasi           have a particular role in ensuring appropriate commitments,
pengendalian internal yang tepat dalam seluruh kegiatan               behaviors, concerns, and implementation of internal controls in
operasional Bank. Untuk itu, Dewan Komisaris dan Direksi              the Bank’s operational activities. For this reason, the Board of
menetapkan unsur-unsur lingkungan pengendalian, yaitu:                Commissioners and Board of Directors established elements of
                                                                      controlled environment, namely:
1. Struktur organisasi yang memadai;                                  1. Sufficient organizational structure;
2. Gaya kepemimpinan dan filosofi manajemen Bank;                     2. Bank’s leadership style and management philosophy;
3. Integritas dan nilai-nilai etika, serta kompetensi seluruh         3. Integrity and ethical values, as well as the competence of all
   karyawan;                                                              employees;
4. Kebijakan dan prosedur human capital Bank;                         4. Bank’s human capital policies and procedures;
5. Atensi dan arahan manajemen Bank dan Komite lainnya,               5. Attention and direction of the Bank’s management and other
   seperti Komite Pemantau Risiko; dan                                    Committees, such as Risk Monitoring; and
6. Faktor-faktor eksternal yang memengaruhi operasional Bank          6. External factors affecting the Bank’s operations and the risk
   dan penerapan manajemen risiko.                                        management implementation.


Dalam menetapkan unsur-unsur lingkungan pengendalian dan              In determining the elements of the controlled environment and
mengimplementasikan pengendalian internal yang efektif, Bank          implementing effective internal controls, the Bank considers
mempertimbangkan beberapa faktor, antara lain:                        several factors, including:
1. Total aset;                                                        1. Total assets;
2. Jenis produk dan aktivitas yang ditawarkan, termasuk produk        2. The types of products and activities offered, including new
    dan aktivitas baru;                                                   products and activities;
3. Kompleksitas operasional, termasuk jaringan kantor;                3. Operational complexity, including office network;
4. Profil risiko dari setiap kegiatan usaha;                          4. Risk profile of each business activity;
5. Metode yang digunakan untuk pengolahan data dan                    5. Methods used for data and information technology
    teknologi informasi, serta metodologi yang diterapkan untuk           processing, as well as methodology applied for risk
    pengukuran, pemantauan, dan pembatasan (limit) risiko;                measurement, monitoring, and limit; and
    serta
6. Ketentuan dan peraturan perundang-undangan.                        6. Provisions and laws and regulations.



Kesesuaian Pengendalian Internal dengan                               Conformity of Internal Control with COSO
Kerangka COSO                                                         Framework

Bank menerapkan SPI dengan 3 (tiga) tujuan utama, yaitu               The Bank implements SPI with 3 (three) main objectives, namely
efektivitas operasional, keandalan pelaporan, dan kepatuhan           operational effectiveness, reporting reliability, and compliance
kepada ketentuan yang berlaku. Implementasi SPI ini mengacu           with applicable regulations. The SPI implementation refers to
pada kerangka pengendalian internal yang dikembangkan oleh            the internal control framework developed by the Committee
Committee of Sponsoring Organizations of Treadway Commission          of Sponsoring Organizations of Treadway Commission (COSO).
(COSO). COSO membagi pengendalian internal dalam 5 (lima)             COSO divides internal control into 5 (five) interrelated
komponen yang saling terkait, yaitu:                                  components, which are:
1. Lingkungan pengendalian;                                           1. The controlled environment;
2. Penilaian risiko;                                                  2. Risk assessment;
3. Aktivitas pengendalian;                                            3. Controlled activities;
4. Informasi dan komunikasi; dan                                      4. Information and communication; and
5. Kegiatan pemantauan.                                               5. Monitoring activity.



Komponen Pengendalian Internal                                        Internal Control Components

Bank memiliki 5 (lima) komponen pengendalian internal yang            The Bank has 5 (five) interrelated internal control components,
saling berkaitan, dengan uraian sebagai berikut:                      described as follows:
1. Pengawasan oleh Manajemen dan Budaya Pengendalian                  1. Control by the Management and Control Culture
     a. Dewan Komisaris bertanggung jawab untuk mengesahkan               a. The Board of Commissioners is responsible for validating
         dan mengkaji kebijakan dan strategi usaha Bank,                      and reviewing the Bank’s business policies and
         memahami dan mengendalikan risiko utama Bank,                        strategies, understanding and controlling the Bank’s




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   239
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         Tata Kelola Perusahaan
         Good Corporate Governance




          menetapkan struktur organisasi, dan memastikan                          main risks, determining the organizational structure,
          pemantauan efektivitas implementasi SPI; dan                            and ensuring the monitoring of the effectiveness of SPI
                                                                                  implementation; and
    b.    Direksi bertanggung jawab untuk melaksanakan kebijakan             b.   The Board of Directors is responsible for implementing
          dan strategi Dewan Komisaris, mengembangkan                             policies and strategies of the Board of Commissioners,
          prosedur pengendalian risiko, mempertahankan struktur                   developing risk control procedure, maintaining a
          organisasi yang jelas, menetapkan kebijakan dan prosedur                clear organizational structure, establishing internal
          pengendalian internal, dan memantau efektivitas SPI.                    control policies and procedures, and monitoring the
                                                                                  effectiveness of SPI.


    Dalam melaksanakan tanggung jawab tersebut, Dewan                        In carrying out these responsibilities, the Board of
    Komisaris dan Direksi bertanggung jawab untuk meningkatkan               Commissioners and Board of Directors are responsible
    etika kerja dan integritas dalam menciptakan budaya organisasi           for improving work ethics and integrity in creating an
    yang menekankan pentingnya pengendalian internal di Bank.                organizational culture that emphasizes the importance of
    Hal ini dilakukan dengan:                                                internal control in the Bank. This is done by:
    a. Menjadi panutan bagi seluruh karyawan, dengan komitmen                a. Being role models to all employees, with a high personal
        pribadi tinggi terhadap pengembangan Bank yang sehat;                    commitment to the development of a sound Bank;
    b. Mengelola human capital dengan menempatkan karyawan                   b. Managing human capital by placing employees in
        sesuai keterampilan, pengetahuan, dan perilaku; dan                      accordance with their skills, knowledge, and behavior; and
    c. Meningkatkan kesadaran karyawan tentang efektivitas                   c. Raising employee awareness on the effectiveness of their
        tugas dan tanggung jawab mereka, serta mendorong                         duties and responsibilities, and encouraging employees
        karyawan untuk mengomunikasikan setiap permasalahan                      to communicate to relevant management regarding
        dalam kegiatan operasional Bank kepada manajemen                         every problem in the Bank’s operational activities.
        terkait.


    Seluruh kebijakan, standar, dan prosedur operasional                     All of the operational policies, standards, and procedures
    didokumentasikan untuk mendukung efisiensi penerapan                     are documented to support the efficient implementation of
    budaya pengendalian. Bank juga mengelola kebijakan untuk                 the control culture. The Bank also manages policy to avoid
    menghindari peluang penyimpangan atau pelanggaran guna                   opportunities of deviation or violation in order to strengthen
    memperkuat nilai-nilai etika.                                            ethical value.


2. Identifikasi dan Penilaian Risiko                                     2. Risk Identification and Assessment
   Untuk mengidentifikasi, menganalisis, dan menilai risiko                 To identify, analyze, and assess risks that will be faced, the
   yang dihadapi, Direksi Bank melakukan penilaian risiko. Bank             Bank’s Board of Directors conducts risk assessment. The
   secara berkelanjutan memantau dan mengidentifikasi semua                 Bank continuously monitors and identifies all types of risks,
   jenis risiko, menetapkan limit dan teknik pengendalian risiko            establishes such risk limit and control technique with the
   dengan bantuan auditor internal sehingga cakupan audit                   assistance of the internal auditor for wider audit coverage. In
   lebih luas. Jika risiko belum terkendali, Bank akan melakukan            the event that the risk has not been controlled, the Bank will
   peninjauan ulang pengendalian internal.                                  re-assess the internal control.


3. Kegiatan Pengendalian Internal dan Pemisahan Fungsi                   3. Activities of Internal Control and Separation of Functions
   Kegiatan pengendalian internal di Bank direncanakan dan                  Internal control activities at the Bank are planned and
   dipantau secara efektif. Kegiatan pengendalian internal Bank             monitored effectively. The Bank’s internal control activities
   mencakup kebijakan, prosedur, dan praktik yang diuraikan                 include policies, procedures, and practices described as
   sebagai berikut:                                                         follows:
   a. Kaji Ulang Manajemen                                                  a. Management Review
       Direksi sebagai top level management melakukan kaji                       The Board of Directors as top-level management
       ulang melalui rapat berkala bersama Dewan Komisaris                       reviews through regular meetings with the Board of
       dan SKAI & Anti Fraud. Rapat tersebut membahas                            Commissioners and SKAI & Anti Fraud. Such meetings
       Laporan Hasil Pemeriksaan Audit untuk kaji ulang hasil                    discuss the Audit Result Report to review the results of
       pemeriksaan rutin dan khusus.                                             routine and special audits.
   b. Kaji Ulang Kinerja Operasional                                        b. Operational Performance Review
       SKAI & Anti Fraud secara rutin berkomunikasi dengan                       SKAI & Anti Fraud regularly communicates with
       komite-komite di bawah Direksi seperti ALCO, Komite                       committees under the Board of Directors such as ALCO,
       Manajemen Risiko, dan Komite GCG untuk memastikan                         Risk Management Committee, and GCG Committee to
       pengendalian internal pada level operasional.                             ensure that internal control is at the operational level.




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   c.   Pengendalian Sistem Informasi                                         c. Information System Control
        Bank menerapkan pengendalian internal pada sistem                        The Bank implements internal control over information
        informasi dan teknologi melalui audit rutin di Divisi                    and technology system through routine audit in
        Information Technology dan Divisi Business Analytic and MIS.             Information Technology Division and Business Analytic
                                                                                 and MIS Division.
   d. Pengendalian Aset Fisik                                                 d. Control of Physical Assets
      Pengendalian atas aset fisik dilakukan melalui audit                       Physical asset control is performed through annual audit
      tahunan di Divisi Human Capital Management & General                       to Human Capital Management & General Affair Division
      Affair untuk memastikan keamanan fisik aset Bank.                          to ensure the physical security of the Bank’s assets.
   e. Dokumentasi                                                             e. Documentation
      Formalisasi dan pendokumentasian kebijakan, prosedur,                      Formalizing and documenting policies, procedures,
      sistem, standar akuntansi, dan proses audit dengan                         systems, accounting standards, and audit process
      memadai. Selain itu, melakukan pembaruan berkala                           adequately. In addition, periodically renewing the
      terhadap kebijakan dan SOP yang selanjutnya disampaikan                    policies and SOP which are then conveyed to officials
      kepada pejabat dan karyawan untuk mengakomodir                             and employees to accommodate the Bank’s actual
      kebutuhan Bank secara aktual.                                              requirements.


    Bank juga menerapkan prinsip pemisahan fungsi dalam                       The Bank also applies the principle of separation of functions
    kegiatan pengendalian internal untuk mencapai efektivitas                 in internal control activities to achieve effectiveness and
    dan mencegah kesalahan atau penyimpangan di setiap level                  prevent mistakes or deviations at every organizational level.
    organisasi. Prinsip pemisahan fungsi ini diwujudkan melalui               This principle of function separation is manifested through
    Keputusan Direksi No. 007/SK-DIR/01/18 tanggal 11 Januari                 the Board of Directors’ Decision Letter No. 007/SK-DIR/01/18
    2018 tentang Pendelegasian Wewenang Biaya Unit Kerja                      dated 11 January 2018 on Authorization Delegation of the
    General Affair.                                                           General Affair Work Unit’s Cost.


4. Sistem Akuntansi, Informasi, dan Komunikasi                            4. Accounting, Information, and Communication Systems
   Sistem akuntansi mencakup metode dan catatan untuk                        The accounting system includes methods and records
   mengidentifikasi,      mengelompokkan,         menganalisis,              to identify, group, analyze, classify, record, and report
   mengklasifikasi, mencatat, dan melaporkan transaksi sesuai                transactions in accordance with accounting standards in
   standar akuntansi di Indonesia. Sementara itu, sistem                     Indonesia. Meanwhile, the information system is properly
   informasi dikelola dengan baik dan diperbarui secara berkala              managed and updated periodically in order to produce
   untuk menghasilkan laporan yang akurat dan tepat waktu                    accurate and timely reports on business activities, financial
   mengenai kegiatan usaha, kondisi keuangan, manajemen                      conditions, risk management, and compliance with
   risiko, dan pemenuhan ketentuan. Pengelolaan sistem                       provisions. The management of information system includes
   informasi mencakup rencana pemulihan darurat dan backup                   contingency recovery plans and back up to prevent high risk
   untuk mencegah kegagalan usaha yang berisiko tinggi. Adapun               business failures. The communication system is managed to
   sistem komunikasi dikelola agar dapat memberikan informasi                provide timely information to all parties, both internal and
   secara tepat waktu kepada semua pihak, baik internal maupun               external.
   eksternal.


5. Kegiatan Pemantauan dan Tindakan Koreksi Penyimpangan                  5. Monitoring Activities and Corrective Actions
   Bank secara berkala melakukan pemantauan dan evaluasi                     The Bank periodically monitors and evaluates primary risks,
   terhadap risiko utama, baik oleh Unit Kerja Operasional                   both by the Operating Unit (risk taking unit) and by SKAI
   (riskt taking unit) maupun oleh SKAI & Anti Fraud. Auditor                & Anti Fraud. Internal auditor conducts operational and
   internal melakukan pemeriksaan operasional dan keuangan                   financial auditing checks in various Bank’s offices, including
   di berbagai kantor Bank, mencakup perkreditan, Dana Pihak                 credit, Third Party Funds (DPK), APU and PPT implementation,
   Ketiga (DPK), penerapan APU dan PPT, Know Your Customer                   Know Your Customer (KYC), tellers and cash, security, service
   (KYC), teller dan uang tunai, security, service excellence,               excellence, Financial Statements, building and inventory ,
   Laporan Keuangan, gedung dan inventaris, dan lainnya. Setiap              and others. Any weaknesses in internal control identified by
   kelemahan dalam pengendalian internal yang diidentifikasi                 risk taking units, internal auditors, or other parties must be
   oleh unit risiko, auditor internal, ataupun pihak lain akan               immediately reported to the authorized officers or Directors
   segera dilaporkan kepada pejabat atau Direksi yang berwenang              for follow-up.
   untuk ditindaklanjuti.




                                                         2023 Annual and Sustainability Report | PT Bank Victoria International Tbk    241
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      Tata Kelola Perusahaan
      Good Corporate Governance




Tinjauan atas Efektivitas Sistem                                       Overview of the Effectiveness of Internal
Pengendalian Internal 2023                                             Control System in 2023

Bank senantiasa memantau efektivitas pengendalian internal             The Bank consistently monitors the effectiveness of internal
dengan memprioritaskan pemantauan pada risiko utama. Evaluasi          control by prioritizing monitoring of primary risks. The
dilakukan oleh SKAI & Anti Fraud dan hasilnya disampaikan              evaluation is performed by SKAI & Anti Fraud and the results are
kepada Direksi serta dilaporkan ke Dewan Komisaris melalui             submitted to the Board of Directors and reported to the Board of
Komite Audit. Evaluasi tahun 2023 menunjukkan bahwa SPI di             Commissioners through Audit Committee. The 2023 evaluation
Bank telah memadai. Langkah-langkah tindak lanjut telah diambil        shows that the Bank’s SPI is adequate. Follow-up measures
untuk meminimalisir risiko dan melakukan perbaikan, termasuk           were taken to minimize risks and make refinement, including in
penginian kebijakan, prosedur, dan sistem.                             updating policies, procedures, and systems.



Pernyataan Dewan Komisaris dan Direksi atas                            Statement of Board of Commissioners and
Kecukupan Sistem Pengendalian Internal                                 Board of Directors on the Internal Control
                                                                       System Adequacy

Dewan Komisaris dan Direksi Bank secara berkelanjutan dan              The Bank’s Board of Commissioners and Board of Directors
konsisten meninjau SPI Bank. Dewan Komisaris dan Direksi               continuously and consistently review the Bank’s SPI. The Board
memandang bahwa penerapan SPI di tahun 2023 cukup efektif              of Commissioners and Board of Directors considered that the
dalam mengawasi aktivitas operasional, keuangan, dan tata kelola       SPI implementation in 2023 was quite effective in supervising
yang sesuai dengan peraturan perundang-undangan.                       operational, financial, and governance activities in accordance
                                                                       with the laws and regulations.




Fungsi Kepatuhan
Compliance Function

Bank Victoria membentuk Fungsi Kepatuhan sebagai unit                  Bank Victoria established the Compliance Function as an
independen yang membantu dan bertanggung jawab langsung                independent unit that assists and is directly responsible to the
kepada Direktur yang memimpin Fungsi Kepatuhan. Fungsi                 Director leading the Compliance Function. Compliance Function
Kepatuhan bertujuan mengantisipasi perkembangan tantangan              aims to anticipate the growing challenges and risks in the bank’s
dan risiko usaha bank yang semakin besar.                              business.



Pedoman Fungsi Kepatuhan                                               Compliance Function Charter

Dalam melaksanakan tugas dan tanggung jawabnya, Fungsi                 In performing its duties and responsibilities, the Compliance
Kepatuhan mengacu pada Peraturan Otoritas Jasa Keuangan                Function refers to the Financial Services Authority Regulation
No. 46/POJK.03/2017 tentang Pelaksanaan Fungsi Kepatuhan               No. 46/POJK.03/2017 on Implementation of Compliance
bagi Bank Umum.                                                        Function of Commercial Banks.



Penanggung Jawab Fungsi Kepatuhan                                      Person in Charge of the Compliance Function

Bank secara khusus telah memiliki Direktur Kepatuhan dan               The Bank specifically hired a Director of Compliance and Risk
Manajemen Risiko serta Divisi Compliance & System Procedure yang       Management and Compliance & System Procedure Division that
berfokus dan bertanggung jawab pada pelaksanaan fungsi kepatuhan       focus on and are in charge of the implementation of the Bank’s
di Bank Victoria. Pelaksanaan fungsi kepatuhan juga secara aktif       compliance function. The implementation of compliance function
diawasi oleh Dewan Komisaris. Berikut tugas dan tanggung jawab         is also under active supervision of the Board of Commissioners.
masing-masing pihak tersebut dalam menjalankan fungsi kepatuhan:       Duties and responsibilities of each party are described as follows:




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1. Dewan Komisaris                                                   1. Board of Commissioners
   a. Mengevaluasi pelaksanaan fungsi kepatuhan Bank paling             a. Evaluating the implementation of the Bank’s compliance
       sedikit 2 (dua) kali dalam setahun; dan                              function at least 2 (two) times a year; and
   b. Berdasarkan hasil evaluasi pelaksanaan fungsi                     b. Based on the evaluation results of implementation
       kepatuhan, Dewan Komisaris menyampaikan saran-saran                  of compliance function, the Board of Commissioners
       dalam rangka peningkatan kualitas pelaksanaan fungsi                 provides suggestions to improve the quality of
       kepatuhan kepada Direktur Utama dengan tembusan                      compliance function to the President Director with a copy
       kepada Direktur Kepatuhan dan Manajemen Risiko.                      to the Director of Compliance and Risk Management.
2. Direktur Kepatuhan dan Manajemen Risiko                           2. Director of Compliance and Risk Management
   a. Merumuskan strategi guna mendorong terciptanya                    a. Formulating strategies to encourage the creation of the
       budaya kepatuhan Bank;                                               Bank’s compliance culture;
   b. Mengusulkan kebijakan kepatuhan atau prinsip-prinsip              b. Proposing compliance policies or compliance principles
       kepatuhan yang akan ditetapkan oleh Direksi;                         to be specified by the Board of Directors;
   c. Menetapkan sistem dan prosedur kepatuhan yang digunakan           c. Establishing compliance systems and procedures to
       untuk menyusun ketentuan dan pedoman internal Bank;                  develop the Bank’s internal provisions and guidelines;
   d. Memastikan bahwa seluruh kebijakan, ketentuan, sistem,            d. Ensuring that all policies, provisions, systems, and
       dan prosedur, serta kegiatan usaha yang dilakukan Bank               procedures and business activities conducted by the
       telah sesuai dengan ketentuan Otoritas Jasa Keuangan                 Bank are in accordance with the provisions of Financial
       dan ketentuan peraturan perundang-undangan;                          Services Authority, and the laws and regulations;
   e. Meminimalkan risiko kepatuhan Bank;                               e. Minimizing the Bank’s compliance risk;
   f. Melakukan tindakan pencegahan agar kebijakan                      f. Taking precautions so that the policies and/or decisions
       dan/atau keputusan yang diambil Direksi Bank tidak                   taken by the Bank’s Board of Directors do not deviate
       menyimpang dari ketentuan Otoritas Jasa Keuangan dan                 from the provisions of the Financial Services Authority
       ketentuan peraturan perundang-undangan; serta                        and the provisions of laws and regulations; and
   g. Melakukan tugas lain yang terkait dengan fungsi                   g. Performing other tasks associated with the compliance
       kepatuhan.                                                           function.
Terkait dengan pelaksanaan tata kelola terintegrasi, maka            Related to the implementation of integrated governance, the
Direktur Kepatuhan dan Manajemen Risiko yang telah ditunjuk          Director of Compliance and Risk Management who was appointed
sebagai Direktur in Charge dapat merumuskan langkah-langkah          as the Director in Charge can formulate strategic steps to
strategis dalam mendukung dan meningkatkan efektivitas               support and improve the effectiveness of compliance function
penerapan fungsi kepatuhan, penerapan manajemen risiko, serta        implementation, risk management implementation, and the
penerapan tata kelola terintegrasi pada kelompok keuangan            integrated governance implementation to Victoria Group Financial
Grup Victoria. Pelaporan pelaksanaan tugas dan tanggung jawab        Conglomeration. Reporting of the implementation of duties and
dari fungsi kepatuhan kepada regulator dilakukan oleh Direktur       responsibilities of the compliance function to the regulator is
Kepatuhan dan Manajemen Risiko dengan tembusan kepada                conducted by the Director of Compliance and Risk Management
Dewan Komisaris paling kurang secara triwulan.                       with copies

3. Divisi Compliance & System Procedure                              3. Compliance & System Procedure Division
   a. Membuat langkah untuk mendukung terciptanya budaya                a. Preparing steps in order to support the creation of
       kepatuhan pada seluruh kegiatan usaha Bank pada                     a compliance culture on all of the Bank’s business
       setiap jenjang organisasi;                                          activities at every organizational level;
   b. Melakukan identifikasi, pengukuran, pemantauan,                   b. Identifying, measuring, monitoring, and controlling the
       dan pengendalian terhadap risiko kepatuhan dengan                   compliance risks by referring to the provisions of the
      mengacu pada ketentuan Otoritas Jasa Keuangan;                        Financial Services Authority;
   c. Menilai dan mengevaluasi efektivitas, kecukupan,                   c. Assessing and evaluating the effectiveness, adequacy,
      dan kesesuaian kebijakan, ketentuan, sistem maupun                    and conformity of the Bank’s policies, regulations,
      prosedur yang dimiliki oleh Bank dengan ketentuan                     systems, and procedures against the provisions of laws
      peraturan perundang-undangan;                                         and regulations;
   d. Melakukan kaji ulang dan/atau merekomendasikan untuk               d. Reviewing and/or recommending updates and
      menginikan dan menyempurnakan kebijakan, ketentuan,                   refinements of policies, provisions, systems, and
      sistem maupun prosedur yang dimiliki oleh Bank agar                   procedures owned by the Bank to be in accordance with
      sesuai dengan ketentuan Otoritas Jasa Keuangan dan                    the provisions of the Financial Services Authority and
      ketentuan peraturan perundang-undangan;                               provisions of laws and regulations;




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        Tata Kelola Perusahaan
        Good Corporate Governance




   e.     Melakukan upaya untuk memastikan bahwa kebijakan,                      e.     Taking measures to ensure that the policies, regulations,
          ketentuan, sistem dan prosedur, serta kegiatan usaha                          systems, and procedures, as well as the Bank’s business
          Bank telah sesuai dengan ketentuan Otoritas Jasa                              activities to be in accordance with the provisions of the
          Keuangan dan ketentuan peraturan perundang-                                   Financial Services Authority and provisions of laws and
          undangan; serta                                                               regulations; and
   f.     Melakukan tugas lain yang terkait dengan fungsi                        f.     Performing other tasks associated with the compliance
          kepatuhan.                                                                    function.


   Divisi Compliance & System Procedure melaporkan seluruh                       The Compliance & System Procedure Division reports all
   aktivitasnya dalam melaksanakan tugas dan tanggung                            of its activities in performing its duties and responsiblities
   jawabnya langsung kepada Direktur Kepatuhan dan                               directly the Director of Compliance and Risk Management.
   Manajemen Risiko.


Profil Kepala Divisi Compliance & System Procedure                       Profile of the Head of Compliance & System Procedure
Division                                                                 Division

                                     Dasar Pengangkatan dan Periode Menjabat                    Basis of Appointment and Term of Office
   RR UTAMI TJIPTO                   Keputusan Direksi No. 001/SK-DIR/HCM/06/23 tanggal         Board of Directors’ Decision No. 001/SK-DIR/HCM/06/23
                                     5 Juni 2023.                                               dated 5 June 2023.

   Kepala Divisi Compliance &        Riwayat Pendidikan                                         Education
       System Procedure              Sarjana Hukum dari Universitas Airlangga (1986).           Bachelor of Laws from Airlangga University (1986).
  Head of Compliance & System
       Procedure Division            Rangkap Jabatan                                            Concurrent Positions
                                     Di dalam Bank Victoria:                                    In Bank Victoria:
                                     Tidak ada.                                                 None.
        Kewarganegaraan
        Nationality                  Di luar Bank Victoria:                                     Outside of Bank Victoria:
        Indonesia / Indonesian       Tidak ada.                                                 None.

        Tempat Lahir                 Riwayat Jabatan                                            Concurrent Positions
        Place of Birth               • Recovery Litigation Group Head dan berbagai posisi       • Recovery Litigation Group Head and various
        Jakarta                         di PT Bank CIMB Niaga Tbk (2009-2010);                    positions at PT Bank CIMB Niaga Tbk (2009-2010);
                                     • Compliance & Legal Group Head PT Bank ICB                • Compliance & Legal Group Head of PT Bank ICB
        Usia                            Bumiptera Tbk (2010-2012);                                Bumiptera Tbk (2010-2012);
        Age                          • Head of Compliance & Procedure PT Bank QNB               • Head of Compliance & Procedure PT Bank QNB
        61 tahun / years old            Indonesia Tbk (2012-2017);                                Indonesia Tbk (2012-2017);
                                     • Core Team PT Asuransi Candi Utama establishment          • Core Team of PT Asuransi Candi Utama establishment
        Domisili                        (2018-2019);                                              (2018-2019);
        Domicile                     • Head of Legal Compliance AML & Corporate                 • Head of Legal Compliance AML & Corporate Secretary
        Jakarta                         Secretary PT Asuransi Candi Utama (2020-2023); dan        PT Asuransi Candi Utama (2020-2023); and
                                     • Kepala Divisi Compliance & System and Procedure          • Head of Compliance & System and Procedure
                                        Bank Victoria (2023).                                     Division of Bank Victoria (2023).

                                     Sertifikasi                                                Certification
                                     • Sertifikasi Compliance Manager (CPM) dari Ikatan         • Compliance Manager Certification (CPM) from the
                                       Bankir Indonesia (2016);                                   Indonesian Bankers Association (2016);
                                     • Sertifikasi Asesor dari Sertifikasi Profesi Perbankan    • Assessor Certification from Certification of Banking
                                       (2017);                                                    Profession (2017);
                                     • Sertifikasi Manajemen Risiko Level 4 dari Sertifikasi    • Level 4 Risk Management Certification from Certification
                                       Profesi Perbankan (2019); dan                              of Banking Profession (2019); and
                                     • Sertifikasi Manajemen Risiko - Qualified Chief Risk      • Risk Management Certification - Qualified Chief Risk
                                       Officer dari Lembaga Sertifikasi Profesi – Mitra           Officer from the Professional Certification Institute –
                                       Kalyana Sejahtera (2022).                                  Mitra Kalyana Sejahtera (2022).

                                     Hubungan Afiliasi                                          Affiliation Relationship
                                     Tidak memiliki hubungan afiliasi dengan anggota            Does not have any affiliation with members of Board
                                     Dewan Komisaris, anggota Direksi, serta Pemegang           of Commissioners, members of Board of Directors, and
                                     Saham Utama dan Pengendali.                                Main and Controlling Shareholders.




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Laporan Singkat Pelaksanaan Kegiatan                                     Brief Report on Implementation of Compliance
Fungsi Kepatuhan Tahun 2023                                              Function’s Activities in 2023

Selama tahun 2023, Fungsi Kepatuhan telah melaksanakan                   In 2023, the Compliance Function implemented the following
program kerja sebagai berikut:                                           work programs:
1. Menyusun (baru/penginian) kebijakan dan prosedur sesuai               1. Drafting (new/updated) policies and procedures in
    regulasi yang berlaku;                                                   accordance with applicable regulations;
2. Memonitor dan melakukan tindak lanjut atas hasil                      2. Monitoring and following up on Financial Services Authority
    pemeriksaan Otoritas Jasa Keuangan sesuai target date;                   inspection results within the target date;
3. Menjadi penghubung antara Bank dengan Otoritas Jasa                   3. Acting as a liaison between the Bank and the Financial
    Keuangan;                                                                Services Authority;
4. Melakukan kajian dari sisi regulasi atas proposal kredit di atas      4. Conducting regulatory reviews of credit proposals above a
    nilai tertentu;                                                          certain threshold;
5. Melakukan kajian kepatuhan dari sisi regulasi atas produk             5. Conducting compliance reviews from a regulatory perspective
    dan/atau aktivitas baru;                                                 on new products and/or activities;
6. Melakukan Sosialisasi Peraturan Otoritas Jasa Keuangan/               6. Conducting Socialization of Financial Services Authority
    Surat Edaran Otoritas Jasa Keuangan/Peraturan Bank                       Regulations/Financial Services Authority Circular Letters/
    Indonesia/Peraturan Anggota Dewan Gubernur baru, serta                   Bank Indonesia Regulations/New Board of Governors Member
    kebijakan dan SOP Bank, baik secara online maupun offline;               Regulations, as well as Bank policies and SOPs, both online
                                                                             and offline;
7. Membentuk Compliance Champion pada setiap divisi dan                  7. Establishing Compliance Champions in each division and
    cabang guna meningkatkan aspek kepatuhan pada seluruh lini;              branch to enhance compliance aspects across the board;
8. Mengirimkan pengingat kepada unit kerja terkait atas                  8. Sending reminders to relevant work units regarding quarterly,
    kewajiban pelaporan triwulan, semester, dan tahunan kepada               semi-annual, and annual reporting obligations to the
    unit kerja terkait;                                                      respective work units;
9. Mengisi topik terkait GCG dan regulasi pada media rapat               9. Addressing topics related to GCG and regulations at the
    budaya yang dilaksanakan Bank secara berkala; dan                        Bank’s periodic cultural meetings;
10. Mengikuti pelatihan baik secara online maupun offline untuk          10. Participating in training sessions, both online and offline, to
    terus meningkatkan kemampuan.                                            continually enhance skills.



Pelatihan dan/atau Peningkatan Fungsi                                    Compliance Function’s Training and/or
Kepatuhan                                                                Development Programs

Selama tahun 2023, Fungsi Kepatuhan telah mengikuti pelatihan            Throughout 2023, the Compliance Function attended training
dan/atau peningkatan kompetensi sebagai berikut:                         and/or competency developments as follows:
1. Outlook Industri Jasa Keuangan di Tahun 2023 (oleh Otoritas           1. Financial Services Industry Outlook in 2023 (by Financial
    Jasa Keuangan Institute);                                                Services Authority Institute);
2. Risk Based Audit Treasury (oleh PT Kanatta Daya Indonesia);           2. Risk Based Audit Treasury (by PT Kanatta Daya Indonesia);
3. Tren Perbankan di Tahun 2023 (oleh Otoritas Jasa Keuangan             3. Banking Trends in 2023 (by Financial Services Authority
    Institute);                                                              Institute);
4. Memperkuat Literasi dan Inklusi Keuangan Syariah (oleh                4. Strengthening Sharia Financial Literacy and Inclusion (by
    Otoritas Jasa Keuangan Institute);                                       Financial Services Authority Institute);
5. Launching Buku Market Code of Conduct Edisi 4 Confirmation            5. Launching of Market Code of Conduct 4th Edition
    (oleh Bank Indonesia);                                                   Confirmation Book (by Bank Indonesia);
6. Pencegahan, Pendeteksian dan Pengendalian Fraud (oleh                 6. Fraud Prevention, Detection and Control (by Vice President
    Vice President Fraud Investigation Head PT Bank BTPN Tbk);               Fraud Investigation Head of PT Bank BTPN Tbk);
7. Principles of Fairnes, Ethics Accountability and Tranparency          7. Principles of Fairness, Ethics Accountability and Transparency
    (FEAT) and Veritas to Translate FEAT into Practice (oleh                 (FEAT) and Veritas to Translate FEAT into Practice (by the
    Monetary Authority of Singapore);                                        Monetary Authority of Singapore);




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      Good Corporate Governance




8. Liquidity Coverage Ratio (LCR) and Net Stable Funding               8. Liquidity Coverage Ratio (LCR) and Net Stable Funding
   Ratio (NSFR) Peraturan Otoritas Jasa Keuangan                           Ratio (NSFR) Financial Services Authority Regulation
   No. 42/POJK.03/2015 dan Peraturan Otoritas Jasa Keuangan                No. 42/POJK.03/2015 and Financial Services Authority
   No. 50/POJK.03/2017 (oleh Risiko Manajemen Gagasan);                    Regulation No. 50/POJK.03/2017 (by Risk Management
                                                                           Ideas);
9. Sertifikasi Auditor Internal untuk Peningkatan Kecukupan/           9. Internal Auditor Certification to Improve the Adequacy/
    Efektivitas Evaluasi Governance, Risk, and Compliance (oleh            Effectiveness of Governance, Risk, and Compliance
    Perbanas Institute);                                                   Evaluation (by Perbanas Institute);
10. Anti-Money Laundering in Digital Era: Lesson Learned from          10. Anti-Money Laundering in Digital Era: Lesson Learned from
    Selected Countries Time (oleh Otoritas Jasa Keuangan Institute);       Selected Countries Time (by Financial Services Authority
                                                                           Institute);
11. Lesson Learned Kasus Silicon Valley Bank (oleh Lembaga             11. Silicon Valley Bank Case Lesson Learned (by Indonesian
    Pengembangan Perbankan Indonesia);                                     Banking Development Institute);
12. Mengatasi Tantangan dan Menghadapi Perubahan dalam                 12. Overcoming Challenges and Facing Changes in the Financial
    Sektor Jasa Keuangan (oleh Otoritas Jasa Keuangan Institute);          Services Sector (by Financial Services Authority Institute);
13. Refreshment Sertifikasi Manajemen Risiko: Risk in Digital          13. Risk Management Certification Refreshment: Risk in Digital
    World – Batch 4 (oleh PT Efektifpro Knowledge Source);                 World - Batch 4 (by PT Efektifpro Knowledge Source);
14. Sharing Session GCG (oleh Bapak Heru);                             14. GCG Sharing Session (by Mr. Heru);
15. Membangun Keyakinan Nasabah Aset Digital dari Risiko Siber         15. Building Customer Confidence in Digital Assets from Cyber
    (oleh Otoritas Jasa Keuangan Institute);                               Risk (by Financial Services Authority Institute);
16. Bisnis Indonesia Green Economy Forum 2023 “Realizing               16. Bisnis Indonesia Green Economy Forum 2023 “Realizing
    Sustainable Growth through Green Economy Commitment                    Sustainable Growth through Green Economy Commitment
    (oleh Bisnis Indonesia);                                               (by Bisnis Indonesia);
17. Penerapan Cloud Computing di Industri Jasa Keuangan (oleh          17. Application of Cloud Computing in the Financial Services
    Otoritas Jasa Keuangan Institute);                                     Industry (by Financial Services Authority Institute);
18. How to Manage Climate Related Risk in Banking Industry             18. How to Manage Climate Related Risk in Banking Industry (by
    (oleh Otoritas Jasa Keuangan Institute);                               Financial Services Authority Institute);
19. Mengenal Lebih Jauh Pengaturan Undang-Undang P2SK                  19. Getting to Know More about the P2SK Law Arrangement in
    dalam Rangka Penguatan Sektor Perbankan Confirmation                   the Framework of Strengthening the Financial Confirmation
    Keuangan (oleh Otoritas Jasa Keuangan Institute);                      Banking Sector (by Financial Services Authority Institute);
20. ASEAN Market Capital Forum and International Sustainability        20. ASEAN Market Capital Forum and International Sustainability
    Standards Boards Join Conference and Technical Training on             Standards Boards Join Conference and Technical Training
    the International Financial Reporting Standards Sustainability         on the International Financial Reporting Standards
    Disclosure Standards (oleh ASEAN Market Capital Forum and              Sustainability Disclosure Standards (by ASEAN Market Capital
    International Financial Reporting Standards);                          Forum and International Financial Reporting Standards);
21. Penerapan Undang-Undang Perlidungan Data Pribadi dan               21. Implementation of the Personal Data Protection Law and
    Tantangan Implementasinya (oleh Forum Komunikasi                       its Implementation Challenges (by the Banking Compliance
    Direktur Kepatuhan Perbankan);                                         Director Communication Forum);
22. Penyampaian Informasi Penerbitan dan Sosialisasi Peraturan         22. Submission of Information on the Issuance and Socialization
    Bank Indonesia tentang Pinjaman Likuiditas Jangka Pendek               of Bank Indonesia Regulation on Short-Term Liquidity Loans
    bagi Bank Umum Konvensional (oleh Bank Indonesia);                     for Conventional Commercial Banks (by Bank Indonesia);
23. Peluang Perdagangan Karbon dalam Upaya Dekarbonisasi               23. Carbon Trading Opportunities in Decarbonization Efforts (by
    (oleh Otoritas Jasa Keuangan Institute);                               Financial Services Authority Institute);
24. Waspada Modus Penipuan Gaya Baru (oleh Otoritas Jasa               24. Beware of New Style Fraud Modes (by Financial Services
    Keuangan Institute);                                                   Authority Institute);
25. Sosialisasi Peraturan Bank Indonesia tentang Pelindungan           25. Socialization of Bank Indonesia Regulation on Bank Indonesia
    Konsumen Bank Indonesia (oleh Bank Indonesia);                         Consumer Protection (by Bank Indonesia);
26. Compliance Risk untuk Financial Technology (oleh Lembaga           26. Compliance Risk for Financial Technology (by Indonesian
    Pengembangan Perbankan Indonesia);                                     Banking Development Institute);




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27. Meningkatkan Efektivitas Sinergi Kerja Fungsi SKAI, Fungsi         27. Improving the Effectiveness of Work Synergy of SKAI
    Kepatuhan dan Fungsi Manajemen Risiko (oleh Training                   Function, Compliance Function and Risk Management
    Center Equivalent);                                                    Function (by Training Center Equivalent);
28. Compliance Refreshment Pemenuhan Kewajiban oleh                    28. Compliance Refreshment on Fulfillment of Obligations by
    Perusahaan Tercatat (oleh Otoritas Jasa Keuangan dan Bursa             Listed Companies (by the Financial Services Authority and
    Efek Indonesia);                                                       the Indonesia Stock Exchange);
29. Leadership in Changing Atmosphere (oleh Otoritas Jasa              29. Leadership in Changing Atmosphere (by Financial Services
    Keuangan Institute);                                                   Authority Institute);
30. Efektivitas Digital Maturity Assesment dalam Mengukur              30. Effectiveness of Digital Maturity Assessment in Measuring
    Kematangan Transformasi Digital Perbankan (oleh Forum                  the Maturity of Banking Digital Transformation (by Banking
    Komunikasi Direktur Kepatuhan Perbankan);                              Compliance Director Communication Forum);
31. Enhancing Financial Performance through Data Analytics             31. Enhancing Financial Performance through Data Analytics
    (oleh Otoritas Jasa Keuangan Institute dan The London                  (by Financial Services Authority Institute and The London
    Institute of Banking and Finance);                                     Institute of Banking and Finance);
32. Pemanfaatan Internet of Things (IoT) di Industri Jasa              32. Utilization of Internet of Things (IoT) in the Financial Services
    Keuangan (oleh Otoritas Jasa Keuangan Institute);                      Industry (by Financial Services Authority Institute);
33. Refreshment Pencegahan Tindak Pidana Pencucian Uang,               33. Refreshment on Prevention of Money Laundering, Prevention
    Pencegahan Pendanaan Terorisme dan Pencegahan                          of Financing of Terrorism and Prevention of Financing of
    Pendanaan Proliferasi Senjata Pemusnah Massal berdasarkan              Proliferation of Weapons of Mass Destruction based on
    Peraturan Otoritas Jasa Keuangan No. 8 Tahun 2023 (oleh PT             Financial Services Authority Regulation No. 8 of 2023 (by PT
    Andara Sarana);                                                        Andara Sarana);
34. Peluang dan Tantangan Financial Technology P2P Lending             34. Opportunities and Challenges of Financial Technology
    di Era Undang-Undang P2SK (oleh Otoritas Jasa Keuangan                 P2P Lending in the Era of P2SK Law (by Financial Services
    Institute);                                                            Authority Institute);
35. Managing Environmental, Social and Governance Risk and             35. Managing Environmental, Social and Governance Risk and
    Opportunities (oleh Otoritas Jasa Keuangan Institute dan               Opportunities (by Financial Services Authority Institute and
    The London Institute of Banking and Finance);                          The London Institute of Banking and Finance);
36. Kunci Sukses Menciptakan Talenta Profesional di Sektor Jasa        36. Keys to Success in Creating Professional Talent in the Financial
    Keuangan (oleh Otoritas Jasa Keuangan Institute);                      Services Sector (by Financial Services Authority Institute);
37. How to Drive Corporate Performance through Accounting              37. How to Drive Corporate Performance through Accounting
    Practices (oleh Otoritas Jasa Keuangan Institute);                     Practices (by the Financial Services Authority Institute);
38. Mengenal Lebih Jauh Pengaturan Undang-Undang P2SK                  38. Getting to Know More about P2SK Law Arrangement in the
    dalam Rangka Penguatan Literasi, Inklusi, dan Pelindungan              Framework of Strengthening Consumer Literacy, Inclusion,
    Konsumen (oleh Otoritas Jasa Keuangan Institute);                      and Protection (by the Financial Services Authority Institute);
39. Enhancing Environmental, Social, and Governance Through            39. Enhancing Environmental, Social, and Governance Through
    Best Practices in Accouting (oleh Otoritas Jasa Keuangan               Best Practices in Accounting (by Financial Services Authority
    Institute);                                                            Institute);
40. Optimalkan Potensi dan Tingkatkan Kinerja di Era Digital           40. Optimizing Potential and Improving Performance in the
    (oleh Otoritas Jasa Keuangan Institute);                               Digital Era (by Financial Services Authority Institute);
41. Menyambut Aset Kripto dalam Penguatan Ekosistem Keuangan           41. Welcoming Crypto Assets in Strengthening the Digital Financial
    Digital di Indonesia (oleh Otoritas Jasa Keuangan Institute);          Ecosystem in Indonesia (by Financial Services Authority Institute);
42. Menyongsong Tantangan dan Peluang Industri Asuransi di             42. Welcoming the Challenges and Opportunities of the
    2024 (oleh Lembaga Pengembangan Perbankan Indonesia);                  Insurance Industry in 2024 (by the Indonesian Banking
                                                                           Development Institute);
43. Anti Fraud Management for Leaders Batch 2 (oleh PT Kanatta         43. Anti Fraud Management for Leaders Batch 2 (by PT Kanatta
    Daya Indonesia);                                                       Daya Indonesia);
44. Expert Sharing Session - Keuangan Berkelanjutan (oleh              44. Expert Sharing Session - Sustainable Finance (by Financial
    Otoritas Jasa Keuangan Institute);                                     Services Authority Institute);
45. Induction Training Program (oleh Bank Victoria); dan               45. Induction Training Program (by Bank Victoria); and
46. Aspek Hukum dan Dokumen Pembukaan Rekening                         46. Legal Aspects and Documents of Company Account Opening
    Perusahaan (oleh Bank Victoria).                                       (by Bank Victoria).




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      Tata Kelola Perusahaan
      Good Corporate Governance




Pengadaan Barang dan Jasa [POJK F.1]
Procurement of Goods and Services



Bank Victoria telah menetapkan kebijakan pengadaan barang             Bank Victoria established a policy on procurement of goods and
dan jasa sebagai panduan bagi pelaksanaan pembelian yang              services as a guide for purchasing those required by work units
dibutuhkan oleh unit kerja guna mendukung operasional dan             to support operations and customer services. The Bank may
pelayanan nasabah. Bank dapat mengalihdayakan sebagian                outsource part of its supporting works to other parties who are in
pekerjaan penunjang ke pihak lain yang merupakan perusahaan           the business of providing such service. The Bank is committed to
penyedia jasa. Bank berkomitmen untuk menerapkan proses               implementing a transparent and objective procurement process
pengadaan barang/jasa secara transparan dan objektif,                 for goods/services, ensuring that all partners are treated fairly,
memastikan bahwa semua rekanan diperlakukan dengan adil,              and prohibiting unethical practices in the procurement process.
dan melarang praktik-praktik tidak etis dalam proses pengadaan.



Etika Pengadaan Barang dan Jasa                                       Ethics of Procurement of Goods and Services

Etika dalam aktivitas pengadaan barang dan/atau jasa di Bank          Ethics in the procurement of goods and/or services at Bank
Victoria diatur oleh Keputusan Direksi No. 001/SK-DIR/01/21           Victoria is regulated by the Board of Directors’ Decision Letter
tanggal 11 Januari 2021 tentang Pedoman Kode Etik Perilaku            No. 001/SK-DIR/01/21 dated 11 January 2021 on Employee’s
Karyawan PT Bank Victoria International Tbk. Pedoman ini              Code of Conduct of PT Bank Victoria International Tbk. This
memastikan bahwa hubungan antara karyawan dengan rekanan              conduct ensures that the employee’s relationship with partner or
atau calon rekanan selama kegiatan pengadaan barang dan/atau          prospective partner during the procurement activities of goods
jasa mematuhi beberapa hal berikut:                                   and/or services complies with the following matters:
1. Tidak menerima tips atau mencari pengadaan berdasarkan             1. Do not accept tips or seek procurement based on personal
    keuntungan pribadi semata;                                            interest;
2. Transparansi;                                                      2. Transparency;
3. Mencari penawaran terbaik;                                         3. Look for the best deals;
4. Tidak terdapat conflict of interest; dan                           4. No conflict of interest; and
5. Vendor harus mengikuti peraturan terkait pengadaan barang          5. Vendors must follow the regulations regarding the procurement
    dan jasa yang berlaku di Bank Victoria.                               of goods and services applicable at Bank Victoria.



Pengadaan Barang dan Jasa Tahun 2023                                  Procurement of Goods and Services in 2023

Pada tahun 2023, realisasi biaya pengadaan barang dan jasa Bank       In 2023, the realization of the Bank’s cost of procurement
sebesar Rp73.780.368.236,- dengan kegiatan pengadaan barang           of goods and services reached Rp73,780,368,236.- a total of
dan jasa sebanyak 13 (tiga belas) kegiatan.                           13 (thirteen) procurements of goods and services.




248      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 251
Perkara Hukum
Legal Cases



Pada tahun 2023, perkara hukum yang dihadapi Bank, Dewan                       In 2023, the legal cases faced by the Bank, Board of Commissioners,
Komisaris, dan Direksi Bank Victoria ditunjukkan sebagai berikut:              and Board of Directors of Bank Victoria were shown as follows:


                      Perkara Hukum                                         Perdata                    Pidana                  Tata Usaha Negara
                       Legal Cases                                           Civil                    Criminal                State Administration
 BANK VICTORIA

 Telah Selesai (Mempunyai Kekuatan Hukum yang Tetap)                           2                         -                             -
 Settled (Final and Binding)

 Dalam Proses Penyelesaian                                                    11                         -                             -
 In Settlement Process

 DEWAN KOMISARIS DAN DIREKSI BANK VICTORIA
 BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS OF BANK VICTORIA

 Telah Selesai (Mempunyai Kekuatan Hukum yang Tetap)                            -                        -                             -
 Settled (Final and Binding)

 Dalam Proses Penyelesaian                                                      -                        -                             -
 In Settlement Process

 Total                                                                        13                         -                             -




Perkara Hukum yang Dihadapi Bank Victoria Tahun 2023
Legal Cases Faced by Bank Victoria in 2023

                         Perkara / Case                                                            Perkara / Case
                 No. 948/Pdt.G/2021/PN.Jkt.Sel                                No. 226/PDT/2023/PT.DKI jo. No. 604/Pdt.G/2021/PN.Jkt.Sel
 Para Pihak                  Penggugat :                                     Para Pihak               Pemohon Kasasi:
 Parties                     PT Virgo Sari dan Dra. Dewi Eka Arini           Parties                  Bank Victoria

                             Tergugat:                                                                Termohon Kasasi:
                             Bank Victoria; Drs. Anis Adwani, MBA; Kantor                             PT Iswara Dewata
                             Pelayanan Kekayaan Negara dan Lelang                                     Cassation Petitioner:
                             Bogor; Suwarni Sukiman, SH; Kantor Badan                                 Bank Victoria
                             Pertanahan Nasional Kabupaten Bogor; dan
                             Fildzah, SH, LLM                                                         Defendant for Cassation:
                                                                                                      PT Iswara Dewata
                             Plaintiff:
                             PT Virgo Sari and Dra. Dewi Eka Arini

                             Defendants:
                             Bank Victoria; Drs. Anis Adwani, MBA; Bogor
                             State Wealth and Auction Service Office;
                             Suwarni Sukiman, SH; Bogor District National
                             Land Agency Office; and Fildzah, SH, LLM.

 Pokok Perkara               Gugatan Perbuatan Melawan Hukum                 Pokok Perkara            Gugatan Wanprestasi
 Case Profile                Wrongful Act Lawsuit                            Case Profile             Default Lawsuit

 Nilai Nominal Gugatan       Materiel:                                       Nilai Nominal Gugatan    Materiel:
 Nominal Value of Claim      Material:                                       Nominal Value of Claim   Material:
                             Rp5,000,000,000                                                          · Rp219,483,844,757
                                                                                                      · USD11,600,000

                                                                                                      Imateriel:
                                                                                                      Immaterial:
                                                                                                      · USD347,238,225
                                                                                                      · USD201,448,632




                                                              2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      249
Page 252
      Tata Kelola Perusahaan
      Good Corporate Governance




Status Penyelesaian        Berkekuatan Hukum Tetap                        Status Penyelesaian        Dalam Proses di Mahkamah Agung Republik
Perkara                    Permanent Legal Force                          Perkara                    Indonesia
Case Settlement Status                                                    Case Settlement Status     In Process at the Supreme Court of the
                                                                                                     Republic of Indonesia

Risiko dan Pengaruh        Tidak Ada                                      Risiko dan Pengaruh        Belum Ada
yang Dihadapi Bank         None                                           yang Dihadapi Bank         None yet
Risks Faced by and                                                        Risks Faced by and
Impact on the Bank                                                        Impact on the Bank

Sanksi Administrasi        Tidak Ada                                      Sanksi Administrasi        Belum Ada
Administrative Sanctions   None                                           Administrative Sanctions   None yet


                    Perkara / Case
                                                                                                    Perkara / Case
  No. 193/PDT/2023/PT.DKI jo. No. 977/Pdt.G/PLW/2018/
                                                                                            No. 645/Pdt.G/2021/PN.Jkt.Pst
                      PN.Jkt.Sel
Para Pihak                 Pemohon Kasasi:                                Para Pihak                 Pembanding:
Parties                    Bank Victoria                                  Parties                    Edric Novidiyanto dan Fenny
                           Termohon Kasasi:
                           Podo Wibowo WH, Neneg Naldy, Haryono                                      Terbanding:
                           Eddyarto, H. Naldy Nazar Haroen, Eddy                                     Bank Victoria
                           Rinaldy, PT Bank Harda Internasional Tbk,
                           dan Kantor Badan Pertanahan Nasional Kota                                 Turut Terbanding:
                           Jakarta Selatan                                                           Tim Kurator PT Danau Winata Indah (Dalam
                                                                                                     Pailit); Notaris Budiman Cornelius Santiago
                           Cassation Petitioner:                                                     Hutapea, SH; Notaris Suwarni Sukiman, SH;
                           Bank Victoria                                                             dan Bank Victoria Kantor Kas Grand Boutique
                           Defendant for Cassation:                                                  Appellant:
                           Podo Wibowo WH, Neneg Naldy, Haryono                                      Edric Novidiyanto and Fenny
                           Eddyarto, H. Naldy Nazar Haroen, Eddy
                           Rinaldy, PT Bank Harda Internasional Tbk,                                 Appellee:
                           and the National Land Agency Office of South                              Bank Victoria
                           Jakarta City.
                                                                                                     Co- Appellee:
                                                                                                     Curator Team of PT Danau Winata Indah
                                                                                                     (In Bankruptcy); Notary Budiman Cornelius
                                                                                                     Santiago Hutapea, SH; Notary Suwarni
                                                                                                     Sukiman, SH; and Bank Victoria Grand
                                                                                                     Boutique Cash Office.

Pokok Perkara              Gugatan Perlawanan Pihak Ketiga                Pokok Perkara              Gugatan Perbuatan Melawan Hukum
Case Profile               Third Party Counter Claim                      Case Profile               Third Party Counter Claim

Nilai Nominal Gugatan      Tidak Ada                                      Nilai Nominal Gugatan      Materiel:
Nominal Value of Claim     None                                           Nominal Value of Claim     Material:
                                                                                                     · Rp223,352,215
                                                                                                     · Rp160,804,774

                                                                                                     Imateriel:
                                                                                                     Immaterial:
                                                                                                     Rp10,000,000,000

Status Penyelesaian        Dalam Proses di Mahkamah Agung Republik        Status Penyelesaian        Dalam Proses di Pengadilan Tinggi DKI Jakarta
Perkara                    Indonesia                                      Perkara                    In Process at DKI Jakarta High Court
Case Settlement Status     In Process at the Supreme Court of the         Case Settlement Status
                           Republic of Indonesia

Risiko dan Pengaruh        Belum Ada                                      Risiko dan Pengaruh        Belum Ada
yang Dihadapi Bank         None yet                                       yang Dihadapi Bank         None yet
Risks Faced by and                                                        Risks Faced by and
Impact on the Bank                                                        Impact on the Bank

Sanksi Administrasi        Belum Ada                                      Sanksi Administrasi        Belum Ada
Administrative Sanctions   None yet                                       Administrative Sanctions   None yet




250      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 253
                         Perkara / Case                                                             Perkara / Case
                 No. 390/Pdt.G/2022/PN.Jkt.Sel                                              No. 1150/Pdt.G/2022/PN.Jkt.Sel
Para Pihak                 Pembanding:                                     Para Pihak                 Penggugat:
Parties                    Shierly                                         Parties                    Plaintiff:
                                                                                                      PT Surya Eden Utama
                           Terbanding:
                           Ir. Adji Waseso Hamid, Luche Waseso Hamid,                                 Tergugat:
                           dan Trah Nugrahyang                                                        Defendant:
                                                                                                      Bank Victoria
                           Turut Terbanding:
                           Rahmadany Firmansyah, SH; Redho Junaidi,
                           SH, MH; Oktavian Adhar, SH; Nawang Andi
                           Kusuma, SH, MKn; Etty Purwaningsih, SH;
                           Hartanti Kuntoro, SH; Bank Victoria; dan
                           Kantor Pertanahan Kota Administrasi Jakarta
                           Selatan
                           Appelant:
                           Shierly

                           Appellee:
                           Ir. Adji Waseso Hamid, Luche Waseso Hamid,
                           and Trah Nugrahyang

                           Co- Appellee:
                           Rahmadany Firmansyah, SH; Redho Junaidi,
                           SH, MH; Oktavian Adhar, SH; Nawang Andi
                           Kusuma, SH, MKn; Etty Purwaningsih, SH;
                           Hartanti Kuntoro, SH; Bank Victoria; and Land
                           Office of South Jakarta Administrative City.

Pokok Perkara              Gugatan Perbuatan Melawan Hukum                 Pokok Perkara              Gugatan Perbuatan Melawan Hukum
Case Profile               Wrongful Acts Lawsuit                           Case Profile               Wrongful Acts Lawsuit

Nilai Nominal Gugatan      Materiel:                                       Nilai Nominal Gugatan      Materiel:
Nominal Value of Claim     Rp5,000,000,000                                 Nominal Value of Claim     Material:
                                                                                                      Rp45,000,000,000
                           Imateriel:
                           Rp2,000,000,000                                                            Imateriel:
                                                                                                      Immaterial:
                                                                                                      Rp50,000,000,000

Status      Penyelesaian   Dalam Proses di Pengadilan Tinggi DKI           Status      Penyelesaian   Dalam Proses di Pengadilan Negeri Jakarta
Perkara                    Jakarta                                         Perkara                    Selatan
Case Settlement Status     In Process at DKI Jakarta High Court            Case Settlement Status     In Process at South Jakarta High Court

Risiko dan Pengaruh yang   Belum Ada                                       Risiko dan Pengaruh yang   Belum Ada
Dihadapi Bank              None Yet                                        Dihadapi Bank              None Yet
Risks Faced by and                                                         Risks Faced by and
Impact on the Bank                                                         Impact on the Bank

Sanksi Administrasi        Belum Ada                                       Sanksi Administrasi        Belum Ada
Administrative Sanctions   None Yet                                        Administrative Sanctions   None Yet




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk              251
Page 254
      Tata Kelola Perusahaan
      Good Corporate Governance




                          Perkara / Case                                                            Perkara / Case
                    No. 22/Pdt.G/2023/PN.Cjr                                                No. 767/Pdt.G/2022/PN.Jkt.Pst

Para Pihak                 Penggugat:                                     Para Pihak                 Penggugat:
Parties                    PT Haji Putra Indonesia                        Parties                    PT Favorite Sinar Pelangi

                           Tergugat:                                                                 Tergugat:
                           PT Surya Eden Utama                                                       Bank Victoria Cabang Bandung, Bank Victoria
                                                                                                     Kantor Pusat, PT Wahana Mutiara Pratama,
                           Turut Tergugat I:                                                         dan Notaris Surjadi Jasi, SH
                           Bank Victoria dan Badan Pertanahan Nasional
                           Kabupaten Cianjur                                                         Turut Tergugat I:
                           Plaintiff:                                                                Badan Pertanahan Nasional Kotamadya
                           PT Haji Putra Indonesia                                                   Bandung, Otoritas Jasa Keuangan Jakarta, dan
                                                                                                     Bank Indonesia, Jakarta
                           Defendant:                                                                Plaintiff:
                           PT Surya Eden Utama                                                       PT Favorite Sinar Pelangi

                           Co-Defendant I:                                                           Defendants:
                           Bank Victoria and National Land Agency of                                 Bank Victoria Bandung Branch, Bank Victoria
                           Cianjur Regency                                                           Head Office, PT Wahana Mutiara Pratama, and
                                                                                                     Notary Surjadi Jasi, SH.

                                                                                                     Co-Defendant I:
                                                                                                     National Land Agency of Bandung Municipality,
                                                                                                     Financial Services Authority Jakarta, and Bank
                                                                                                     Indonesia, Jakarta.

Pokok Perkara              Gugatan Wanprestasi                            Pokok Perkara              Gugatan Perbuatan Melawan Hukum
Case Profile               Default Lawsuit                                Case Profile               Wrongful Acts Lawsuit

Nilai Nominal Gugatan      Materiel:                                      Nilai Nominal Gugatan      Materiel:
Nominal Value of Claim     Material:                                      Nominal Value of Claim     Material:
                           Rp6,000,000,000                                                           Rp10,599,178,000

                                                                                                     Imateriel:
                                                                                                     Immaterial:
                                                                                                     Rp560,000,000.000

Status      Penyelesaian   Dalam Proses di pengadilan Negeri Cianjur      Status      Penyelesaian   Berkekuatan Hukum Tetap
Perkara                    In Process at Cianjur District Court           Perkara                    Permanent Legal Force
Case Settlement Status                                                    Case Settlement Status

Risiko dan Pengaruh yang   Belum Ada                                      Risiko dan Pengaruh yang   Tidak Ada
Dihadapi Bank              None yet                                       Dihadapi Bank              None yet
Risks Faced by and                                                        Risks Faced by and
Impact on the Bank                                                        Impact on the Bank

Sanksi Administrasi        Belum Ada                                      Sanksi Administrasi        Tidak Ada
Administrative Sanctions   None yet                                       Administrative Sanctions   None yet


                         Perkara / Case                                                             Perkara / Case
                 No. 156/Pdt.G/2023/PN.Jkt.Pst                                              No. 826/Pdt.G/2023/PN.Jkt.Sel
Para Pihak                 Pembanding:                                    Para Pihak                 Penggugat:
Parties                    Sucik Mardi                                    Parties                    Firzia Resita

                           Terbanding:                                                               Tergugat:
                           Bank Victoria Kantor Cabang Tanjung Duren                                 Bank Victoria, Kantor Pelayanan Kekayaan
                           dan Kantor Pelayanan Kekayaan Negara dan                                  Negara dan Lelang Tangerang II, dan
                           Lelang Jakarta III                                                        PT Matador Lelang Suskes
                           Appellant:
                           Sucik Mardi                                                               Turut Tergugat:
                                                                                                     Badan Pertanahan Nasional Kota Tangerang
                           Appellee:                                                                 Selatan
                           Bank Victoria Tanjung Duren Branch Office                                 Plaintiff:
                           and Jakarta State Wealth and Auction Service                              Firzia Resita
                           Office III
                                                                                                     Defendants:
                                                                                                     Bank Victoria, Tangerang II State Wealth and
                                                                                                     Auction Service Office, and PT Matador Lelang
                                                                                                     Suskes.

                                                                                                     Co-Defendants:
                                                                                                     National Land Agency of South Tangerang City




252      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 255
Pokok Perkara              Gugatan Perbuatan Melawan Hukum              Pokok Perkara              Gugatan Perlawanan Eksekusi/Lelang
Case Profile               Wrongful Acts Lawsuit                        Case Profile               Lawsuit Against Execution/Auction

Nilai Nominal Gugatan      Mengurangi Pokok Kredit:                     Nilai Nominal Gugatan      Materiel:
Nominal Value of Claim     Reduce Principal Credit:                     Nominal Value of Claim     Material:
                           Rp1,000,000,000                                                         Rp2,400,000,000

                           Keringanan Angsuran:
                           Installment Relief:
                           Rp1.000.000,-
                           bulan/month

Status Penyelesaian        Dalam Proses di Pengadilan Tinggi DKI        Status Penyelesaian        Dalam Proses di Pengadilan Negeri Jakarta
Perkara                    Jakarta                                      Perkara                    In Process at Jakarta District Court
Case Settlement Status     In Process at DKI Jakarta High Court         Case Settlement Status

Risiko dan Pengaruh yang   Belum Ada                                    Risiko dan Pengaruh yang   Belum Ada
Dihadapi Bank              None yet                                     Dihadapi Bank              None yet
Risks Faced by and                                                      Risks Faced by and
Impact on the Bank                                                      Impact on the Bank

Sanksi Administrasi        Belum Ada                                    Sanksi Administrasi        Belum Ada
Administrative Sanctions   None yet                                     Administrative Sanctions   None yet



                         Perkara / Case                                                           Perkara / Case
                 No. 434/Pdt.G/2022/PN.Jkt.Pst                                            No. 409/Pdt.G/2023/PN.Jkt.Sel
Para Pihak                 Pembanding:                                  Para Pihak                 Penggugat:
Parties                    Yayasan Pendidikan Kader Keuangan dan        Parties                    Stevany Sulistyo, Selviana Sulistyo, Benny
                           Perbankan Bandung, Riska Nurasyiah, dan                                 Sulistyo, dan Elisa K Sulistyo
                           Rinalwan Buchari, MBA
                                                                                                   Tergugat:
                           Terbanding:                                                             Bank Victoria dan PT Jtrust Investments
                           Bank Victoria dan PT Corex Intek Indonesia                              Indonesia
                           Appellants:
                           Yayasan Pendidikan Kader Keuangan dan                                   Turut Tergugat:
                           Perbankan Bandung, Riska Nurasyiah, and                                 Indriyani Damayanti Siregar, SH; Eliwaty Tjittra,
                           Rinalwan Buchari, MBA                                                   SH; dan Bayu Rushadian Hutama, SH, MKn
                                                                                                   Plaintiffs:
                           Appellee:                                                               Stevany Sulistyo, Selviana Sulistyo, Benny
                           Bank Victoria and PT Corex Intek Indonesia                              Sulistyo, and Elisa K Sulistyo.

                                                                                                   Defendants:
                                                                                                   Bank Victoria and PT Jtrust Investments
                                                                                                   Indonesia

                                                                                                   Co-Defendants:
                                                                                                   Indriyani Damayanti Siregar, SH; Eliwaty Tjittra,
                                                                                                   SH; and Bayu Rushadian Hutama, SH, MKn

Pokok Perkara              Gugatan Perbuatan Melawan Hukum              Pokok Perkara              Gugatan Perbuatan Melawan Hukum
Case Profile               Wrongful Acts Lawsuit                        Case Profile               Wrongful Acts Lawsuit

Nilai Nominal Gugatan      Materiel:                                    Nilai Nominal Gugatan      Materiel:
Nominal Value of Claim     Material:                                    Nominal Value of Claim     Material:
                           Rp6,077,079,809                                                         Rp750,000,000

                           Imateriel:                                                              Imateriel:
                           Immaterial:                                                             Immaterial:
                           Rp1,000,000,000                                                         Rp10,000,000,000

Status Penyelesaian        Dalam Proses di Pengadilan Tinggi DKI        Status Penyelesaian        Dalam Proses di Pengadilan Negeri Jakarta
Perkara                    Jakarta                                      Perkara                    Selatan
Case Settlement Status     In Process at DKI Jakarta High Court         Case Settlement Status     In Process at South Jakarta District Court

Risiko dan Pengaruh        Belum Ada                                    Risiko dan Pengaruh        Belum Ada
yang Dihadapi Bank         None yet                                     yang Dihadapi Bank         None yet
Risks Faced by and                                                      Risks Faced by and
Impact on the Bank                                                      Impact on the Bank

Sanksi Administrasi        Belum Ada                                    Sanksi Administrasi        Belum Ada
Administrative Sanctions   None yet                                     Administrative Sanctions   None yet




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk            253
Page 256
      Tata Kelola Perusahaan
      Good Corporate Governance




                                                               Perkara / Case
                                                       No. 1325/Pdt.G/2023/PN.Jkt.Sby
 Para Pihak                 Penggugat:
 Parties                    Plaintiff:
                            PT Mas Murni Indonesia Tbk

                            Tergugat:
                            Defendant:
                            Bank Victoria
                            Turut Tergugat:
                            PT Tunas Unggul Lestari, Kantor Pertanahan Kota Surabaya I, dan Kantor Pelayanan Kekayaan Negara dan Lelang Surabaya
                            Co-Defendants:
                            PT Tunas Unggul Lestari, Surabaya City Land Office I, and Surabaya State Wealth and Auction Service Office

 Pokok Perkara              Gugatan Perbuatan Melawan Hukum
 Case Profile               Wrongful Acts Lawsuit

 Nilai Nominal Gugatan      Materiel dan Imateriel:
 Nominal Value of Claim     Material dan Immaterial:
                            Rp1,000,000,000

 Status      Penyelesaian   Dalam Proses di Pengadilan Negeri Surabaya
 Perkara                    In Process at Surabaya District Court
 Case Settlement Status

 Risiko dan Pengaruh yang   Belum Ada
 Dihadapi Bank              None Yet
 Risks Faced by and
 Impact on the Bank

 Sanksi Administrasi        Belum Ada
 Administrative Sanctions   None Yet




Perkara Penting yang Dihadapi Dewan                                           Cases Faced by the Board of Commissioners
Komisaris dan Direksi Tahun 2023                                              and Board of Directors on 2023

Sepanjang tahun 2023, tidak terdapat perkara penting yang                     Throughout 2023, there were no significant cases faced by
sedang dihadapi oleh Dewan Komisaris dan Direksi yang sedang                  the current member of Board of Commissioners and Board of
menjabat pada Bank Victoria.                                                  Directors of Bank Victoria.




Sanksi Administratif Tahun 2023
Administrative Sanctions in 2023


        Penerima Sanksi                        Jenis Sanksi                     Otoritas Pemberi Sanksi                          Total
        Sanctioned Party                     Types of Sanction                   Sanctioning Authority                           (Rp)

                                                Sanksi Finansial
 Bank Victoria                                                                        Bank Indonesia                            2,300,000
                                              Financial Sanctions

 Dewan Komisaris
                                                         -                                    -                                          -
 Board of Commissioners

 Direksi
 Board of Directors
                                                         -                                    -                                          -




254        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 257
Program Anti Pencucian Uang, Pencegahan
Pendanaan Terorisme, dan Pencegahan Pendanaan
Proliferasi Senjata Pemusnah Massal [POJK F.1]
Anti Money Laundering, Counter Financing of Terrorism, and
Counter-Proliferation Financing of Weapons of Mass Destruction
Program


Bank memiliki peran kunci dalam mencegah Tindak Pidana                The Bank plays a crucial role in preventing Money Laundering
Pencucian Uang (TPPU), Tindak Pidana Terorisme (TPPT), dan            (TPPU), Terrorism Financing (TPPT), and Proliferation of Weapons
Tindak Pidana Pendanaan Proliferasi Senjata Pemusnah Massal           of Mass Destruction Financing (TPPPSPM) through risk-based
(TPPPSPM) melalui program Anti Pencucian Uang (APU),                  Anti-Money Laundering (AML), Counter-Terrorism Financing
Pencegahan Pendanaan Terorisme (PPT), dan Pencegahan                  (CTF), and Counter-Proliferation of Weapons of Mass Destruction
Pendanaan Proliferasi Senjata Pemusnah Massal (PPPSPM) yang           Financing (CPF) programs and mandatory reporting to the
berbasis risiko, serta melalui pelaporan kewajiban kepada Pusat       Financial Transaction Reports and Analysis Center (PPATK) as the
Pelaporan dan Analisis Transaksi Keuangan (PPATK) sebagai             Financial Intelligence Unit (FIU). To enhance the quality of the
Financial Intelligence Unit (FIU). Untuk meningkatkan kualitas        implementation of the AML, CTF, and CPF programs, the Bank
implementasi program APU, PPT, dan PPPSPM, Bank melakukan             takes the following steps:
langkah sebagai berikut:
1. Pengawasan Aktif Direksi dan Dewan Komisaris terhadap              1. Active Supervision by the Board of Directors and the Board of
    Program APU, PPT, dan PPPSPM                                         Commissioners of the AML, CTF, and CPF programs.
    Direksi Bank memastikan efektivitas penerapan Prinsip APU,           The Bank’s Board of Directors ensures the effective
    PPT, dan PPPSPM melalui:                                             implementation of the AML, CTF, and CPF principles through
                                                                         the following measures:
    a. Mengusulkan kebijakan dan prosedur tertulis mengenai              a. Proposing written policies and procedures for the
       penerapan program APU, PPT, dan PPPSPM kepada                         implementation of the AML, CTF, and CPF programs to
       Dewan Komisaris;                                                      the Board of Commissioners;
    b. Memastikan penerapan program APU, PPT, dan PPPSPM                 b. Ensuring that the implementation of the AML, CTF,
       dilaksanakan sesuai dengan kebijakan dan prosedur                     and CPF programs is carried out in accordance with the
       tertulis yang telah ditetapkan;                                       established written policies and procedures;
    c. Membentuk unit kerja khusus dan/atau menunjuk                     c. Establishing a specialized work unit and/or appointing
       pejabat yang bertanggung jawab terhadap penerapan                     officials in charge of the implementation of the AML,
       program APU, PPT, dan PPPSPM;                                         CTF, and CPF programs;
    d. Melakukan pengawasan atas kepatuhan unit kerja dalam              d. Supervising the compliance of work units in implementing
       menerapkan program APU, PPT, dan PPPSPM;                              the AML, CTF, and CPF programs;
    e. Memastikan bahwa kebijakan dan prosedur tertulis mengenai         e. Ensuring that the written policies and procedures for the
       penerapan program APU, PPT, dan PPPSPM sejalan dengan                 implementation of the AML, CTF, and CPF programs align
       perubahan dan pengembangan produk, jasa, dan teknologi                with changes and developments in products, services,
       di sektor jasa keuangan serta sesuai dengan perkembangan              and technology in the financial services sector, as well as
       modus TPPU, TPPT, dan/atau PPSPM;                                     with the evolving modes of TPPU, TPPT, and/or PPPSPM;
    f. Memastikan pejabat dan/atau pegawai, khususnya                    f. Ensuring that officials and/or employees, especially
       pegawai dari satuan kerja terkait dan pegawai baru, telah             those from relevant work units and new employees, have
       mengikuti pelatihan yang berkaitan dengan penerapan                   attended training related to the implementation of the
       program APU, PPT, dan PPPSPM sebanyak 1 (satu) kali                   AML, CTF, and CPF programs at least once a year; and
       dalam 1 (satu) tahun; dan
    g. Memastikan adanya pembahasan terkait penerapan                     g. Ensuring that discussions related to the implementation
       progam APU, PPT, dan PPPSPM dalam rapat Direksi.                      of the AML, CTF, and CPF programs are included in the
                                                                             Board of Directors’ meetings.

    Dewan Komisaris bertanggung jawab untuk:                              The Board of Commissioners is responsible for:
    a. Memastikan Bank memiliki kebijakan dan prosedur                    a. Ensuring that the Bank has policies and procedures for
       penerapan program APU, PPT, dan PPPSPM;                                implementing AML, CTF, and CPF programs;




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   b.  Memberikan persetujuan atas kebijakan dan prosedur                   b. Approving the policies and procedures for implementing
       penerapan program APU, PPT, dan PPPSPM yang                             the AML, CTF, and CPF programs proposed by the Board
       diusulkan oleh Direksi;                                                 of Directors;
   c. Melakukan evaluasi atas kebijakan dan prosedur                       c. Evaluating the policies and procedures for implementing
       Penerapan Program APU, PPT, dan PPPSPM;                                 the AML, CTF, and CPF programs;
   d. Melakukan pengawasan atas pelaksanaan tanggung                       d. Supervising the execution of the Board of Directors’
       jawab Direksi terhadap penerapan program APU, PPT,                      responsibilities regarding the implementation of the
       dan PPPSPM; dan                                                         AML, CTF, and CPF programs; and
   e. Memastikan adanya pembahasan terkait penerapan                       e. Ensuring that discussions related to the implementation
       progam APU, PPT, dan PPPSPM dalam rapat Direksi dan                     of the AML, CTF, and CPF programs are included in the
       Dewan Komisaris.                                                        Board of Directors and Board of Commissioners meetings
2. Kebijakan dan prosedur penerapan program APU, PPT, dan               2. Policies and procedures for the implementation of AML, CTF,
   PPPSPM                                                                  and CPF programs
   Bank telah memiliki kebijakan dan prosedur yang sejalan                 The Bank has established policies and procedures that align
   dan sesuai dengan peraturan perundang-undangan dan best                 with laws and regulations and best practices, which include:
   practices, antara lain mencakup:
   a. Uji tuntas nasabah/Customer Due Diligence (CDD)                       a.   Customer Due Diligence (CDD) and/or Enhanced Due
       dan/atau uji lanjut nasabah/Enhance Due Diligence                         Diligence (EDD) for prospective customers, customers,
       (EDD) terhadap calon nasabah, nasabah, conductor dan                      conductors and Walk-in Customers (WIC), Beneficial
       Walk in Customer (WIC), Beneficial Owner (BO), dan                        Owners (BO), and Politically Exposed Persons (PEP);
       Politically Exposed Person (PEP);
   b. Penghentian Sementara transaksi dan penundaan transaksi;              b. Temporary suspension and delay of transactions;
   c. Penolakan transaksi dan penutupan hubungan usaha;                     c. Rejection of transactions and termination of business
                                                                               relationships;
   d. Pengelolaan risiko pencucian uang dan/atau pendanaan                 d. Management of money laundering and/or terrorism
       terorisme berdasarkan pendekatan berbasis risiko                        financing risks based on a risk-based approach
       (risk-based approach) terkait nasabah, negara/area                      concerning customers, geographical areas/countries,
       geografis, produk, jasa dan transaksi, serta jaringan                   products, services and transactions, as well as delivery
       distribusi (delivery channels);                                         channels;
   e. Pemantauan dan pengkinian;                                           e. Monitoring and updating;
   f. Cross border correspondent banking;                                  f. Cross-border correspondent banking;
   g. Transfer dana;                                                       g. Fund transfers;
   h. Penatausahaan dokumen; dan                                           h. Document administration; and
   i. Pelaporan dan sanksi.                                                i. Reporting and sanctions.
3. Pengendalian internal yang efektif dalam penerapan APU,              3. Effective internal control in the implementation of AML,
   PPT, dan PPPSPM, antara lain dilakukan dengan:                          CTF, and CPF programs is achieved through the following
                                                                           measures:
   a.    Memiliki kebijakan dan prosedur APU, PPT, dan PPPSPM              a. Establishing appropriate AML, CTF, and CPF policies and
         serta pemantauan internal yang tepat;                                 procedures, as well as proper internal monitoring;
   b.    Adanya batasan wewenang dan tanggung jawab yang jelas             b. Establishing clear limitations of authority and
         terhadap satuan kerja terkait dengan penerapan program                responsibility for the work units involved in the
         APU, PPT, dan PPPSPM, baik melalui first line of defense,             implementation of the AML, CTF, and CPF programs,
         second line of defense, maupun third line of defense; dan             whether through the first line of defense, second line of
                                                                               defense, or third line of defense; and
   c.  Melakukan pemeriksaan untuk memastikan efektivitas                  c. Conducting audits to ensure the effective implementation
       pelaksanaan program APU, PPT, dan PPPSPM oleh SKAI                      of the AML, CTF, and CPF programs. The audits are
       & Anti Fraud.                                                           conducted by SKAI & Anti-Fraud.
4. Sistem informasi manajemen                                           4. Management information system
   Untuk mengoptimalkan pemantauan transaksi dalam                         To optimize transaction monitoring in the implementation
   pelaksanaan program APU, PPT, dan PPPSPM, Bank secara                   of AML, CTF, and CPF programs, the Bank is continuously
   berkelanjutan mengembangkan teknologi sistem informasi,                 developing its information system technology by, among
   antara lain:                                                            others:
   a. Melakukan penyempurnaan sistem dan aplikasi                          a. Refining the system and supporting applications for
       pendukung untuk Laporan Transaksi Keuangan Tunai,                       Cash Financial Transaction Reports, International Fund
       Laporan Transfer Dana dari dan ke Luar Negeri,                          Transfer Reports, Suspicious Financial Transaction
       Laporan Transaksi Keuangan Mencurigakan, Filtering                      Reports, Filtering and Screening Terrorist (DTTOT List),




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       and Screening Terrorist (DTTOT List), PEP Screening                       PEP Screening Detection, and Customer Due Diligence
       Detection dan Customer Due Diligence (CDD) Risk                           (CDD) Risk Scoring within a system called SmartAML.
       Scoring dalam suatu sistem yaitu SmartAML. SmartAML                       SmartAML is used to support the optimal implementation
       digunakan untuk mendukung pelaksanaan know                                of the “know your customer” process, particularly in
       your customer yang lebih optimal, khususnya dalam                         detecting/monitoring customer transactions that exhibit
       pendeteksian/pemantauan transaksi nasabah yang                            patterns of money laundering, terrorism financing, and
       memiliki pola perilaku dan pola transaksi pencucian uang                  proliferation of weapons of mass destruction financing
       dan pendanaan terorisme, serta pendanan proliferasi                       behavior;
       senjata pemusnah massal;
   b. Mengembangkan aplikasi Sistem Terduga Pendanaan                       b.  Developing PPATK’s Suspected Terrorism Financing
       Terorisme (SIPENDAR) PPATK; dan                                          Information System (SIPENDAR) application; and
   c. Mengembangkan aplikasi Sistem Informasi Pengguna                     c. Developing PPATK’s Integrated Service User Information
       Jasa Terpadu (SIPESAT) PPATK.                                            System (SIPESAT) application.
5. Sumber daya manusia dan pelatihan                                    5. Human resources and training
   Bank menyelenggarakan program pelatihan yang                            The Bank organizes regular and continuous training programs
   berkesinambungan dan berkala paling sedikit 1 (satu) kali               at least once a year to ensure that its human resources are
   dalam 1 (satu) tahun untuk memastikan sumber daya manusia               adequately knowledgeable, especially in relation to AML,
   memiliki pengetahuan yang memadai, terutama terkait                     CTF, and CPF. The training covers the application of relevant
   APU, PPT, dan PPPSPM. Pelatihan mencakup penerapan                      laws and regulations, typologies of money laundering
   peraturan perundang-undangan terkait, tipologi pencucian                and terrorism financing, as well as internal policies and
   uang dan pendanaan terorisme, serta kebijakan dan prosedur              procedures of the AML, CTF, and CPF programs, along with
   internal program APU, PPT, dan PPPSPM beserta peran serta               the roles and responsibilities of employees in preventing
   tanggung jawab karyawan dalam pencegahan pencucian                      money laundering, terrorism financing, and financing the
   uang, pendanaan terorisme, dan pendanaan proliferasi                    proliferation of weapons of mass destruction.
   senjata pemusnah massal.


Pada tahun 2023, Bank melakukan penguatan program APU, PPT,             In 2023, the Bank strengthened the AML, CTF, and CPF programs
dan PPPSPM untuk memitigasi risiko terjadinya TPPU, TPPT, dan           to mitigate the risk of TPPU, TPPT, and TPPPSPM by enhancing
TPPPSPM melalui peningkatan kompentensi sumber daya manusia             the competence of human resources, conducting training, and
dan pelatihan serta forum group discussion. Selain itu, keandalan       organizing group discussion forums. Furthermore, the reliability
sistem pendukung penerapan program APU, PPT, dan PPPSPM                 of the system supporting the implementation of the AML, CTF,
dilakukan melalui sistem SmartAML. Bank juga terus melakukan            and CPF programs was ensured through the SmartAML system.
enhancement sistem melalui adopsi teknologi baru yang fleksibel         The Bank also continuously enhanced the system by adopting
dan sejalan dengan aktivitas transaksi keuangan digital dan             new, flexible technology that aligns with digital financial
perkembangan Bank terkini.                                              transaction activities and the latest developments in the Bank.



Financial Integrity Rating on Money                                     Financial Integrity Rating on Money
Laundering/Terrorism Financing                                          Laundering/Terrorism Finasncing
(FIR on ML/TF)                                                          (FIR on ML/TF)

Financial Integrity Rating on Money Laundering and Terrorism            The Financial Integrity Rating on Money Laundering and Terrorism
Financing (FIR on ML/TF) merupakan penilaian terhadap                   Financing (FIR on ML/TF) is an assessment of the integrity and
integritas dan efektivitas pihak pelapor dalam menjalankan              effectiveness of the reporting party in implementing AML, CTF,
program APU dan PPT, khususnya dari aspek kinerja pelaporan             and CPF programs, particularly from the aspect of AML, CTF, and
APU, PPT, dan PPPSPM.                                                   CPF reporting performance.


Pengukuran nilai FIR on ML/TF dilakukan terhadap 3 (tiga) dimensi,      The FIR on ML/TF value is measured across 3 (three) dimensions:
yaitu:
1. Dimensi 1 (satu) untuk mengukur tingkat komitmen pihak               1. Dimension 1 (one) measures the commitment level of the
     pelapor dalam mendukung PPATK dan aparat penegak hukum                reporting party in supporting PPATK and law enforcement
     dalam penelusuran transaksi keuangan terkait indikasi TPPU            agencies in tracing financial transactions related to
     dan TPPT;                                                             indications of TPPU and TPPT;
2. Dimensi 2 (dua) untuk mengukur tingkat implementasi tata             2. Dimension 2 (two) measures the level of implementation of
     kelola pelaporan APU dan PPT yang dilakukan oleh pihak                AML and CTF reporting governance carried out by the reporting
     pelapor sesuai dengan ketentuan Lembaga Pengawas dan                  party in accordance with the provisions of the Supervisory and
     Pengatur (LPP) dan pedoman pelaporan dari PPATK; dan                  Regulatory Bodies (LPP) and PPATK reporting guidelines; and




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3. Dimensi 3 (tiga) untuk mengukur tingkat kepatuhan pihak             3. Dimension 3 (three) measures the compliance level of the
   pelapor terhadap kewajiban pelaporan APU dan PPT kepada                reporting party with the obligation to report AML and CTF
   PPATK serta kualitas formal dan materiel atas keseluruhan              to PPATK and the formal and material quality of the overall
   laporan yang telah disampaikan sesuai dengan peraturan                 reports submitted in accordance with PPATK regulations.
   PPATK.
Hasil FIR on ML/TF menjadi tolok ukur bagi PPATK dan LPP dalam         The FIR on ML/TF results serves as a benchmark for PPATK
merumuskan langkah-langkah pembinaan, pengawasan, dan                  and LPP in formulating risk-based development, supervision,
pengaturan berbasis risiko, khususnya untuk penguatan sistem           and regulation measures, especially for strengthening the AML
APU dan PPT di setiap pihak pelapor dan penguatan integritas           and CTF systems in each reporting party and strengthening the
sistem keuangan secara nasional.                                       integrity of the national financial system.


Nilai FIR on ML/TF yang diperoleh Bank Victoria pada tahun             In 2023, Bank Victoria obtained an FIR on ML/TF value of 9.17,
2023 sebesar 9,17 yang dikontribusikan oleh dimensi 1 (satu)           contributed by Dimension 1 (one) at 9.96, Dimension 2 (two) at
sebesar 9,96, dimensi 2 (dua) sebesar 9,42, dan dimensi 3 (tiga)       9.42, and Dimension 3 (three) at 8.77. This achievement indicates
sebesar 8,77. Hal ini menunjukkan bahwa tingkat komitmen Bank          that Bank Victoria’s commitment level in supporting PPATK and
Victoria dalam mendukung PPATK dan aparat penegak hukum                law enforcement agencies to trace financial transactions related
untuk melakukan penelusuran transaksi keuangan terkait indikasi        to TPPU and TPPT indications, the level of implementation of AML
TPPU dan TPPT, tingkat implementasi tata kelola pelaporan APU          and CTF reporting governance in accordance with LPP provisions
dan PPT sesuai ketentuan LPP dan pedoman pelaporan PPATK,              and PPATK reporting guidelines, the compliance level with the
tingkat kepatuhan terhadap kewajiban pelaporan APU dan PPT             obligation to report AML and CTF to PPATK, and the quality of the
kepada PPATK, serta kualitas laporan yang disampaikan masuk            reports submitted are in the “Very Good” (“Sangat Baik”) category.
pada kategori Sangat Baik.




Pemberian Dana Kegiatan Politik [POJK F.1]
Provision of Funds for Political Activities

Kebijakan internal Bank melarang keterlibatan karyawan                 The Bank’s internal policy prohibits employee involvement in
dalam kegiatan politik dan memberikan dana untuk tujuan                political activities nor providing funds for political purposes.
politik. Kebijakan ini bertujuan menjaga independensi dan              This policy aims to maintain the independence and
profesionalisme Bank serta karyawan. Pada tahun 2023,                  professionalism of the Bank and its employees. In 2023, Bank
Bank Victoria tidak terlibat dalam kegiatan politik dan tidak          Victoria was not involved in political activities, nor did it provide
memberikan dana untuk kepentingan politik.                             funds for political purposes.




Persaingan Usaha yang Sehat [POJK F.1]
Fair Business Competition

Dalam menjalankan kegiatan usaha, Bank Victoria menegakkan             In carrying out business activities, Bank Victoria upholds ethical
nilai etika dan moral, khususnya dalam praktik persaingan usaha        and moral values, particularly in the practice of fair business
yang sehat. Upaya yang dilakukan Bank meliputi kepatuhan               competition. The Bank’s efforts include compliance with the
terhadap Undang-Undang Anti Monopoli, melakukan riset pasar            Anti Monopoly Law, conducting market research to understand
untuk memahami posisi pesaing, melakukan persaingan yang               competitors’ positions, conducting fair competition by improving
sehat dengan peningkatan produk dan layanan berkualitas, serta         quality products and services, and protecting customer interests
melindungi kepentingan nasabah dari praktik bisnis yang tidak          from unfair business practices. The Bank also respects Intellectual
sehat. Bank juga menghormati Hak Kekayaan Intelektual (HAKI)           Property Rights (IPR) by inviting all levels of management and
dengan mengajak seluruh jajaran manajemen dan karyawan untuk           employees to respect the work of other parties, promoting active
menghargai karya milik pihak lain, mendorong berpartisipasi aktif      participation in the development of process or products that will
dalam pengembangan proses atau produk yang akan digunakan              be used by the Bank, and protecting the Bank’s IPR.
Bank, dan melindungi HAKI milik Bank.




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Kode Etik [POJK F.1]
Code of Conduct



Bank Victoria menetapkan Kode Etik sebagai panduan wajib bagi         Bank Victoria established a Code of Conduct as a mandatory
semua insan Bank. Kode Etik Bank Victoria ditetapkan melalui          guide for all Bank personnel. Bank Victoria’s Code of Conduct
Keputusan Direksi No. 024A/SK-DIR/02/23 tanggal 24 Februari           was established through the Board of Directors’ Decision Letter
2023. Kode Etik harus diikuti dalam interaksi dengan nasabah,         No. 024A/SK-DIR/02/23 dated 24 February 2023. The Code
rekanan, dan sesama karyawan. Dengan mematuhi Kode Etik,              of Conduct must be followed in interactions with customers,
diharapkan dapat mencegah hubungan yang tidak wajar antara            partners, and among employees. Compliance with the Code of
nasabah, rekanan, atau sesama karyawan.                               Conduct is expected to prevent unfair relationships between
                                                                      customers, partners, or among employees.



Pokok Isi Kode Etik                                                   Principles of Code of Conduct

Pokok-pokok Kode Etik Bank Victoria sebagai berikut:                  The principles of Code of Conduct of Bank Victoria are as follows:
1. Standar Etika Bisnis                                               1. Standard Business Ethics
   a. Etika Bank dengan karyawan;                                         a. Bank’s Ethics with employees;
   b. Etika Bank dengan nasabah;                                          b. Bank’s Ethics with customers;
   c. Etika Bank dengan penyedia barang dan jasa (evaluasi                c. Bank’s Ethics with provider of goods and services
       yang objektif dalam pengadaan perlengkapan dan                         (objective evaluation in the procurement of the Bank’s
       peralatan Bank);                                                       equipment and tools);
   d. Etika Bank dengan pesaing;                                          d. Bank’s Ethics with competitors;
   e. Etika Bank dengan pemerintah;                                       e. Bank’s Ethics with the government;
   f. Etika Bank dengan masyarakat;                                       f. Bank’s Ethics with the communities;
   g. Etika Bank dengan media massa; dan                                  g. Bank’s Ethics with mass media; and
   h. Etika Bank dengan organisasi profesi.                               h. Bank’s Ethics with professional organizations.
2. Standar Perilaku Karyawan                                          2. Standard Code of Conduct
   a. Tuntunan perilaku karyawan;                                         a. Employee behavior guidelines;
   b. Penanganan benturan kepentingan;                                    b. Management of conflict of interest;
   c. Pedoman pemberian dan penerimaan hadiah dan donasi;                 c. Guidelines for giving and receiving gifts and donations;
   d. Pedoman kepatuhan terhadap peraturan;                               d. Regulatory compliance guidelines;
   e. Pedoman menjaga kerahasiaan data dan informasi                      e. Guidelines for maintaining confidentiality of company
       perusahaan;                                                            data and information;
   f. Pedoman aktivitas politik; dan                                      f. Political activity guidelines; and
   g. Pedoman pelaporan atas pelanggaran dan perlindungan                 g. Guidelines for reporting violations and protection of
       pelapor.                                                               whistleblower.



Komitmen Kepatuhan terhadap Kode Etik                                 Commitment to Complying with Code of
                                                                      Conduct

Bank Victoria komitmen untuk mematuhi Kode Etik sebagai               Bank Victoria is committed to complying with the Code of
standar etika tertinggi selain peraturan perundang-undangan.          Conduct as the highest ethical standard in addition to the laws
Semua pihak di Bank, termasuk Dewan Komisaris, Direksi, Pejabat       and regulations. All parties at the Bank, including the Board
Eksekutif, dan karyawan diwajibkan mematuhi Kode Etik dan             of Commissioners, Board of Directors, Executive Officials, and
menandatangani Surat Pernyataan yang dimuat pada halaman              employees are required to adhere to the Code of Conduct and
akhir Kode Etik.                                                      sign a Statement Letter set out in the final page of the Code of
                                                                      Conduct.




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Penyebarluasan dan Sosialisasi Kode Etik                              Circulation and Dissemination of Code of
                                                                      Conduct

Upaya penyebarluasan dan sosialisasi Kode Etik melalui beberapa       The efforts to circulate and disseminate the Code of Conduct is
cara, yaitu:                                                          carried out through several means, namely:
1. Menyampaikan Kode Etik kepada seluruh karyawan melalui             1. Disseminates the Code of Conduct to all employees through
    media internal yang dapat diakses setiap saat;                        internal media accessible at any time;
2. Menyampaikan etika bisnis secara berkala melalui memo              2. Disseminates business ethics periodically through memos or
    atau surat dari Direksi atau Divisi terkait;                          letters from the Board of Directors or related Divisions;
3. Mendistribusikan buku saku Kode Etik yang wajib dipelajari         3. Distributes the Code of Conduct pocket book that must be
    dan dilaksanakan oleh setiap karyawan; dan                            studied and carried out by every employee; and
4. Mengingatkan penerapan Kode Etik melalui pelatihan,                4. Reminds the implementation of the Code of Conduct through
    induksi untuk karyawan baru, dan forum-forum pelatihan                training, induction training programs for new employees, and
    dengan melibatkan pihak eksternal.                                    through training forums involving external parties.



Upaya Penerapan dan Penegakan Kode Etik                               Efforts to Implement and Enforce Code of
                                                                      Conduct

Penerapan dan Penegakan secara Organisasi                             Organizational Implementation and Enforcement
1. Dewan Komisaris dibantu oleh Komite Nominasi dan                   1. The Board of Commisioners, supported by the Nomination
   Remunerasi bertanggung jawab atas dipatuhinya Kode Etik               and Remuneration Committee, is responsible for the
   di lingkungan Bank;                                                   compliance of the Code of Conduct within the Bank;
2. Direksi dibantu oleh Divisi Human Capital Management &             2. The Board of Directors, assisted by the Human Capital
   General Affair bertanggung jawab atas penerapan Kode Etik             Mangement & General Affair Division, is responsible for the
   di lingkungan Bank;                                                   implementation of Code of Conduct within the Bank;
3. Kepala Divisi, Manajer, dan setingkat Manajer bertanggung          3. The Head of Division, Manager, and managerial levels are
   jawab atas penerapan Kode Etik di lingkungan Divisi/Unit              responsible for the implementation of Code of Conduct in
   Kerja masing-masing;                                                  their respective Divison/Unit;
4. Direksi menunjuk Kepala Divisi Human Capital Management            4. The Board of Directors appoints Head of Human Capital
   & General Affair beserta jajarannya yang bertanggung jawab            Management & General Affair Division including its personnel
   untuk melaporkan pelanggaran terhadap pelaksanaan Kode                to be the whistleblower in any violation against the Code of
   Etik; dan                                                             Conduct; and
5. Setiap karyawan wajib membaca Kode Etik melalui intranet           5. It is mandatory for each and every employee to read the Code
   dan menandatangani formulir pernyataan bahwa yang                     of Conduct trhough intranet and sign the statement letter to
   bersangkutan telah membaca, memahami, dan setuju untuk                declare that the respectiver person has read, understood, and
   mematuhi Kode Etik yang didokumentasikan oleh Divisi                  agreed to comply with the Code of Conduct, which thereafter
   Human Capital Management & General Affair.                            documented by the Human Capital Management & General
                                                                         Affair Division.


Penegakan Pedoman Kode Etik                                           Enforcement of Code of Conduct
1. Setiap karyawan Bank harus melaporkan setiap fakta                 1. Each of the Bank’s employee must report each fact of
   penyimpangan Pedoman Kode Etik Perilaku Karyawan                      violation against Employee’s Code of Conduct to the Human
   kepada Divisi Human Capital Management & General Affair               Capital Management & General Affair Division and the
   dan identitas pelapor akan dilindungi;                                identity of the whistleblower will be protected;
2. Divisi Human Capital Management & General Affair                   2. Human Capital Management & General Affair Division will
   menindaklanjuti setiap laporan dan menyampaikan hasil                 follow up each report to and submit the assessment result
   kajiannya kepada Direksi dan/atau Dewan Komisaris sesuai              to the Board of Directors and/or Board of Commissioners
   dengan lingkup tanggung jawabnya. Penanganan tindakan                 according to the scope of responsibility. Such violation
   penyimpangan terhadap Pedoman Kode Etik Perilaku                      against Employee’s Code of Conduct will be handled by in-
   Karyawan dilakukan melalui penyelidikan yang mendalam                 depth investigation based on accountable facts;
   dan didasari fakta-fakta yang dapat dipertanggungjawabkan;
3. Direksi dan Dewan Komisaris memutuskan tindakan                    3. The Board of Directors and Board of Commissioners will
   pembinaan, sanksi disiplin dan/atau tindakan perbaikan serta          decide on a directional action, disciplinary sanction and/or
   pencegahan yang harus dilaksanakan oleh atasan langsung               correctional action and to come up with prevention to be
   di lingkungan masing-masing;                                          implemented by the direct supervisor in the respective scope;




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4. Pemberian sanksi bagi pelaku penyimpangan Pedoman Kode               4. The imposition of sanction for the party violating the
   Etik Perilaku Karyawan; dan                                             Employee’s Code of Conduct; and
5. Bank memiliki pertimbangan dan hak apabila karyawan                  5. The Bank maintains its discretion and right, in the event
   melanggar Kode Etik/Peraturan Perusahaan/sistem prosedur                an employee violates the Code of Conduct/ Company
   dengan memberikan langsung surat peringatan ketiga kepada               Regulations/Procedures, by directly giving third warning letter
   karyawan yang dinilai melakukan penyimpangan berat tanpa                to the relevant employee who is deemed of conducting serious
   perlu surat peringatan pertama dan surat peringatan kedua.              violation without first giving first and second warning letter.



Bentuk Pelanggaran dan Jenis Sanksi                                     Forms and Types of Sanction

Pelanggaran atau ketidakpatuhan terhadap Kode Etik akan                 Violation or non-compliance with the Code of Conduct will
dikenai sanksi sesuai tingkat pelanggarannya. Pemberian sanksi          be subject to sanctions according to the violation level. The
akan disesuaikan dengan jenis dan keseriusan pelanggaran serta          imposition of sanctions will be adjusted to the type and
evaluasi individu yang melanggar yang diuraikan sebagai berikut:        seriousness of the violation as well as the evaluation of the
                                                                        individual committed the violation, which is described as follows:
1. Pelanggaran Ringan                                                   1. Minor Violation
   a. Kejadian pertama, minimal teguran lisan dan maksimal                  a. First incident, verbal reprimand at minimum and first
       surat peringatan pertama;                                                 warning letter at maximum;
   b. Kejadian kedua, minimal surat peringatan kedua dan                    b. Second incident, second warning letter at minimum and
       maksimal surat peringatan ketiga; dan                                     third warning letter at maximum; and
    c. Kejadian ketiga dan seterusnya minimal surat peringatan              c. Third incident and so on, third warning letter at minimum
       ketiga dan maksimal pengunduran diri.                                     and resignation at maximum.
2. Pelanggaran Sedang                                                   2. Moderate Violation
   a. Kejadian pertama minimal surat peringatan pertama dan                 a. First incident, first warning letter at minimum and second
       maksimal surat peringatan kedua; dan                                      warning letter at maximum; and
   b. Kejadian kedua, minimal surat peringatan kedua dan                    b. Second incident, second warning letter at minimum and
       maksimal pengunduran diri.                                                resignation at maximum.
3. Pelanggaran Berat                                                    3. Severe Violation
   Kejadian pertama, minimal tidak diberikan kenaikan gaji dan              First incident, no salary increments at minimum and
   maksimal pengunduran diri.                                               resignation at maximum.


Pemberian sanksi bagi karyawan yang melanggar Kode Etik juga            Employees committing violations will also be sanctioned
dilakukan sesuai dengan aturan kepegawaian yang berlaku.                according to the applicable employment regulations. Whereas,
Sedangkan, pemberian sanksi bagi Dewan Komisaris dan Direksi            sanctions against the Board of Commissioners and Board of
yang melanggar Kode Etik dilakukan sesuai dengan ketentuan              Directors will be according to the provisions of the Bank’s Articles
pada Anggaran Dasar Bank dan keputusan RUPS.                            of Association and the GMS resolutions.



Laporan Penyimpangan Internal Tahun 2023                                Internal Deviation Report in 2023

             Bentuk Pelanggaran                           Surat Peringatan                                 Surat Teguran
               Forms Violation                             Warning Letter                                 Reprimand Letter
 Ringan / Minor                                                    15                                              13

 Sedang / Moderate                                                  3                                                -

 Berat / Severe                                                     -                                                -

 Total                                                             18                                              13



Trend Kualitas Penerapan Kode Etik                                      Trend on Quality of Code of Conduct
                                                                        Implementation
Kualitas penerapan Kode Etik di Bank Victoria telah berjalan            The quality of Code of Conduct implementation at Bank Victoria
cukup baik. Karyawan Bank Victoria telah mematuhi seluruh               has been running quite well. Bank Victoria’s employees have
peraturan yang tercantum dalam Kode Etik.                               complied with all regulations set out in the Code of Conduct.




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Program Kepemilikan Saham oleh
Manajemen dan Karyawan
Management/Employee Stock Ownership Program

Di tahun 2023, Bank Victoria tidak melaksanakan program               In 2023, Bank Victoria did not conduct a management stock
kepemilikan saham oleh manajemen (MSOP) dan/atau program              ownership program (MSOP), and/or an employee stock ownership
kepemilikan saham oleh karyawan (ESOP).                               program (ESOP).




Kebijakan Pengungkapan Informasi
Information Disclosure Policy


Anggota Dewan Komisaris dan Direksi wajib melaporkan                  Members of the Board of Commissioners and Board of Directors
kepemilikan dan perubahan kepemilikan saham Bank kepada               are required to submit report on their shareholding and changes
Otoritas Jasa Keuangan sesuai Peraturan Otoritas Jasa Keuangan        on shareholding of the Bank to the Financial Services Authority
No. 11/POJK.04/2017. Laporan wajib disampaikan dalam                  in accordance with the Financial Services Authority Regulation
waktu maksimal 10 (sepuluh) hari sejak terjadinya perubahan.          No. 11/POJK.04/2017. Report is required to be submitted within
Selain laporan kepada Otoritas Jasa Keuangan, anggota Dewan           a maximum of 10 (ten) days from the changes of shareholding. In
Komisairs dan Direksi juga harus memberikan informasi kepada          addition to reporting to the Financial Services Authority, members
Bank mengenai kepemilikan saham dan setiap perubahannya               of the Board of Commissioners and Board of Directors are also
dalam waktu maksimal 3 (tiga) hari kerja setelah terjadinya           required to provide information to the Bank regarding their
perubahan.                                                            shareholding and changes on shareholding within a maximum of
                                                                      3 (three) working days after the changes on shareholding.



Pengungkapan Kepemilikan Saham                                        Disclosure of Share Ownership

Informasi kepemilikan saham Dewan Komisaris dan Direksi dapat         Information on the Board of Commissioners and Board of
dilihat pada bab Profil Perusahaan.                                   Directors’ shareholding can be seen in the Company Profile
                                                                      chapter.




Kebijakan Anti Korupsi [POJK F.1]
Anti Corruption Policy


Bank Victoria memiliki kebijakan pencegahan korupsi yang              Bank Victoria has a policy on preventing corruption as stated in
tertuang dalam Keputusan Direksi No. 002/SK-DIR/08/20 tanggal         the Board of Directors’ Decision Letter No. 002/SK-DIR/08/20
7 Agustus 2020 tentang Kebijakan dan Standar Operasional              dated 7 August 2020 on Policy and Standard Operating Procedure
Prosedur Penerapan Strategi Anti Fraud. Implementasi kebijakan        for Anti Fraud Strategy Implementation. The Bank applies ant
anti korupsi di Bank dilakukan melalui serangkaian kegiatan           corruption policy through a series of the following activities:
berikut:




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1. Pencegahan Benturan Kepentingan                                    1. Prevention of Conflict of Interest
   Guna menghindari benturan kepentingan dalam melaksanakan              To avoid conflicts of interest in carrying out all activities
   segala aktivitas yang terkait dengan Bank, seluruh karyawan           related to the Bank, all employees must refer to the
   Bank berpedoman pada Kode Etik Perilaku Karyawan.                     Employee’s Code of Conduct.
2. Pemberian dan Penerimaan Hadiah atau Donasi                        2. Giving and Receiving Gifts or Donations
   Kebijakan Bank terkait pemberian dan penerimaan hadiah                The Bank's policies with regards to giving and receiving gifts
   atau donasi, sebagai berikut:                                         or donations are as follows:
   a. Dilarang meminta atau memberi isyarat yang                         a. It is prohibited to ask or give an impression of requesting
       mengesankan suatu permintaan berupa uang, barang,                     for money, goods, tips, commissions, or any letter to a
       tip, komisi, atau surat apapun kepada nasabah atau                    customer or prospective customer;
       calon nasabah;
   b. Dilarang menerima pemberian dari nasabah atau calon                 b. It is prohibited to receive gifts from customers or
       nasabah baik berupa uang, barang, tip, komisi, atau                   prospective customers in the form of money, goods, tips,
       sesuatu apapun yang dapat menyebabkan utang budi                      commissions, or anything that can cause employees’
       karyawan kepada nasabah, sehingga dapat memengaruhi                   debt of deeds to customers, that may influence the
       karyawan dalam mengambil keputusan objektif bila                      employees in making objective decisions in the event of
       terjadi masalah antara Bank dengan nasabah;                           a problem between the Bank and the customer;
   c. Karyawan dilarang menggunakan fasilitas atau jasa yang              c. It is prohibited to use facilities or services offered by
       ditawarkan oleh nasabah atau calon nasabah karena                     customers or prospective customers due to the good
       hubungan baik yang telah dibina, untuk kepentingan                    relationships that have been fostered, for personal or
       pribadi atau keluarga yang dapat menimbulkan benturan                 family interests that can cause conflicts of interest in the
       kepentingan pada tugas karyawan; dan                                  employees’ duties; and
   d. Karyawan dilarang menerima penjamuan (hiburan) yang                 d. It is prohibited to accept excessive entertainment from
       berlebihan dari pihak nasabah. Demikian pula karyawan                 the customer. Likewise, employees are not permitted to
       dilarang mengadakan penjamuan berlebihan yang dapat                   hold excessive entertainment that can create a negative
       menimbulkan citra negatif di masyarakat terhadap nama                 image in the community on the Bank’s reputation and
       baik Bank dan nama baik karyawan yang bersangkutan.                   the employee’s reputation.



Sosialisasi Kebijakan Anti Korupsi                                    Dissemination of Anti Corruption Policy

Sosialisasi kebijakan anti-korupsi Bank kepada seluruh karyawan       Dissemination of the Bank’s anti corruption policy to all
dilakukan melalui berbagai kegiatan dan media internal. Hal ini       employees is carried out through various activities and internal
bertujuan untuk meningkatkan kesadaran karyawan agar tidak            media. This aims to increase employee awareness so as not to be
terlibat dalam tindakan korupsi saat melaksanakan tugas dan           involved in acts of corruption when carrying out their duties and
tanggung jawabnya. Pada tahun 2023, Bank telah mengikutsertakan       responsibilities. In 2023, the Bank has included Bank employees
karyawan Bank dalam program pendidikan dan pelatihan terkait          in education and training programs related to anti-corruption
pelatihan/sosialisasi anti korupsi sebanyak 5 (lima) kali.            training/socialization 5 (five) times.




Pengendalian Gratifikasi [POJK F.1]
Gratification Control


Bank Victoria memiliki kebijakan pengendalian gratifikasi yang        Bank Victoria has a policy on gratification control regulated
diatur dalam Kode Etik, di mana Dewan Komisaris, Direksi,             under the Code of Conduct, in which the Board of Commissioners,
Pejabat Eksekutif, Pimpinan Kantor, seluruh karyawan Bank, dan        Board of Directors, Executive Officers, Office Heads, and all
anggota keluarganya tidak diizinkan menerima pemberian dari           Bank employees, including their family members, are not
nasabah, baik secara langsung maupun tidak langsung. Kebijakan        permitted to receive any gratification from customers, either
ini bertujuan meningkatkan akuntabilitas dan mempertahankan           directly or indirectly. This policy aims to increase accountability
nilai perusahaan sebagai Bank yang bersih dari korupsi, kolusi,       and maintain the company’s value as a Bank that is free from
dan nepotisme.                                                        corruption, collusion, and nepotism.




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Pengelolaan Pengendalian Gratifikasi                                  Management of Gratification Control

Dewan Komisaris, Direksi, Pejabat Eksekutif, Pimpinan Kantor,         The Board of Commissioners, Board of Directors, Executive
dan karyawan Bank Victoria serta anggota keluarganya                  Officers, Office Heads, and employees of Bank Victoria including
yang mendapatkan gratifikasi/parsel dalam bentuk apapun               their family members who receive any gratification/parcel in any
wajib mengisi formulir penerimaan gratifikasi/parsel dan              form whatsoever are obliged to complete gratification/parcel
menyerahkannya kepada Divisi SKAI & Anti Fraud untuk                  form and submit it to the SKAI & Anti Fraud Division for follow up.
ditindaklanjuti.



Sosialisasi Kebijakan Pengendalian                                    Dissemination of Gratification Control Policy
Gratifikasi

Sosialisasi terkait pengendalian gratifikasi dilakukan secara         Gratification control is disseminated on an ongoing basis to all
berkelanjutan kepada seluruh level organisasi untuk                   organizational levels to increase awareness. Dissemination is
meningkatkan awareness. Sosialisasi dilakukan melalui media           carried out through the Bank’s internal media so that it can be
internal Bank sehingga dapat diakses dengan mudah setiap saat         conveniently accessed by all of the Bank’s employees.
oleh seluruh karyawan Bank.



Laporan Gratifikasi Tahun 2023                                        Gratification Report in 2023

Pada tahun 2023, Divisi SKAI & Anti Fraud tidak menerima              In 2023, the SKAI & Anti Fraud Division did not receive any
laporan gratifikasi yang mengandung fraud.                            gratification reports that contained fraud




Kebijakan Pencegahan Insider Trading [F.1]
Policy to Prevent Insider Trading


Guna mencegah terjadinya insider trading, Kode Etik Bank telah        To prevent insider trading, the Bank’s Code of Conduct has
mengatur pencegahan insider trading. Dalam pencegahan                 regulated the prevention of insider trading. In preventing insider
insider trading, Bank menekankan setiap insan Bank dilarang           trading, the Bank emphasizes that all Bank personnel are
memanfaatkan informasi rahasia Bank yang diperoleh dan                prohibited from using the Bank’s confidential information that
diketahuinya untuk kepentingan pribadi maupun pihak                   they obtain and know for personal interests or those of other
lain yang tidak berwenang. Setiap insan Bank juga dilarang            unauthorized parties. All Bank personnel are also prohibited from
menginformasikan rencana-rencana Bank yang belum                      giving information to other unauthorized parties regarding the
dipublikasikan kepada pihak lain yang tidak berkepentingan.           Bank’s plans that are not published yet.




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Sistem Pelaporan Pelanggaran [POJK F.1]
Whistleblowing System



Sistem pelaporan pelanggaran (whistleblowing system/WBS)              The whistleblowing system (WBS) is a forum for employees and
merupakan wadah bagi karyawan dan pemangku kepentingan                other stakeholders to submit reports regarding violations that
lainnya untuk menyampaikan laporan terkait pelanggaran yang           occur in business activities. The implementation of this system is
terjadi di dalam aktivitas bisnis. Penerapan sistem tersebut          expected to encourage Bank personnel to work with integrity and
diharapkan dapat mendorong insan Bank untuk bekerja dengan            uphold the Bank’s values and culture.
penuh integritas dan berpegang teguh pada nilai dan budaya
Bank.



Kebijakan Sistem Pelaporan Pelanggaran                                Whistleblowing System Policy

Bank Victoria telah menetapkan kebijakan WBS dalam                    Bank Victoria established a WBS policy in the Board of Directors’
Keputusan Direksi No. 002/SK-DIR/08/20 tentang Kebijakan dan          Decision Letter No. 002/SK-DIR/08/20 on Policies and Standard
Standar Operasional Prosedur Penerapan Strategi Anti Fraud            Operating Procedures for the Implementation of Anti Fraud
PT Bank Victoria International Tbk. Kebijakan WBS Bank                Strategy of PT Bank Victoria International Tbk. The Bank’s WBS
mengatur struktur pengelolaan WBS, mekanisme kerja, mulai             policy governs the WBS management structure, work mechanism,
dari pelaporan pelanggaran, landasan hukum perlindungan               starting from violation reporting, legal basis of whistleblower
pelapor, perlindungan yang diberikan, serta monitoring dan            protection, protection provided, and monitoring and review. The
review. Kebijakan WBS juga mengatur kewajiban Tim Pengelola           WBS policy also regulates the WBS Managing Team’s obligations
WBS untuk:                                                            to:
1. Melaksanakan program promosi dan sosialisasi secara                1. Carry out an extensive and intensive promotion and
    ekstensif dan intensif supaya pelaksanaan prosedur WBS                dissemination program so that the implementation of WBS
    dapat dipahami dengan benar;                                          procedures can be understood correctly;
2. Menyelenggarakan tata laksana organisasi sedemikian rupa           2. Conduct organizational governance in such a way that the
    sehingga laporan pelanggaran yang disampaikan dapat                   violation report submitted can be handled properly and well
    ditangani dengan baik serta terdokumentasi dengan baik,               documented, but the confidentiality of the reporter is also
    namun kerahasiaan pelapor juga tetap terjamin;                        guaranteed;
3. Melakukan laporan setiap semester kepada Direksi                   3. Conduct a semester report to the Board of Directors on the
    tentang pelaksanaan program WBS terkait laporan dugaan                implementation of WBS program on allegedly infringement
    pelanggaran, meliputi sekurang-kurangnya:                             reports, which include at least:
    a. Apakah prosedur WBS dapat diterapkan dengan baik                   a. Is the WBS procedure properly implemented and gained
        dan mendapatkan sambutan yang positif dari karyawan                   positive response from employees or other stakeholders?
        ataupun para pemangku kepentingan lainnya?
    b. Apakah prosedur WBS cukup efektif dalam melakukan                  b.   Is the WBS procedure effective enough in early detection
        deteksi dini dan pencegahan penyimpangan ataupun                       and prevention of irregularities or offenses?
        pelanggaran?
    c. Apakah terdapat suatu pola pelanggaran tertentu yang               c. Is there any particular pattern of repeated violations?
        sering berulang? Apakah kira-kira penyebabnya?                       What are the causes?
    d. Saran perbaikan untuk meningkatkan efektivitas                     d. Suggestions for improvement to increase the effectiveness
        penerapan WBS dalam mencapai sasaran penciptaan                      of WBS implementation in achieving the objectives of
        iklim kerja yang terbuka, tulus, dan bertanggung jawab.              creating an open, sincere, and responsible work climate.



Sosialisasi Kebijakan Sistem Pelaporan                                Dissemination of Whistleblowing System Policy
Pelanggaran

Bank secara rutin melakukan sosialisasi WBS dan edukasi untuk         The Bank routinely conducts dissemination of WBS and
mencegah fraud. Di lingkungan internal, Tim Pengelola WBS             education to prevent fraud. In the internal environment, the
melakukan sosialisasi WBS melalui pelatihan dan mengirimkan           WBS Management Team disseminates WBS through training and




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e-mail bulanan. Sedangkan di lingkungan eksternal, sosialisasi         sending monthly e-mails. Meanwhile, in the external environment,
dilakukan melalui situs web Bank, buletin internal, poster,            dissemination is carried out through the Bank’s website, internal
sosialisasi etika, dan presentasi langsung kepada pihak terkait.       bulletin, poster, dissemination of ethics, and direct presentations
                                                                       to the related parties.



Jenis Pelanggaran yang Dapat Dilaporkan                                Types of Violation that Can Be Reported

Jenis-jenis pelanggaran yang dapat dilaporkan kepada Tim WBS           Types of violations that can be reported to the WBS Team are
meliputi namun tidak terbatas pada:                                    including but not limited to:
1. Seluruh tindakan melanggar hukum pidana (misalnya: pencurian,       1. All actions that violate criminal law (e.g. theft, fraud, drug
    penipuan, penggunaan narkoba, dan lain sebagainya);                    use, etc.);
2. Penyalahgunaan wewenang dalam melayani nasabah,                     2. Misuse of authority in serving the customers, debtors,
    debitur, vendor atau pemasok lainnya (misalnya: penundaan              vendors, or other suppliers (e.g. unwarranted payment
    pembayaran tidak beralasan, pemerasan, dan lain sebagainya);           delays, extortion, etc.);
3. Pelanggaran peraturan perbankan yang diatur dalam Undang-           3. Violation of banking regulations stipulated in Banking Law
    Undang tentang Perbankan (misalnya: tidak melaksanakan                 (for example: not practicing prudent principles, disclosing
    prinsip kehati-hatian, membuka rahasia nasabah kepada                  customers’ confidential information to unauthorized parties,
    yang tidak berhak, melakukan pencatatan yang tidak                     making incorrect records, asking for money for the banking
    benar, meminta uang atas jasa pelayanan perbankan yang                 services performed);
    dilakukan);
4. Pelanggaran peraturan perpajakan atau aturan pelaporan              4. Violations of tax regulations or corporate financial reporting
    keuangan perusahaan yang tidak sesuai dengan Pernyataan               regulations that are not in accordance with the Statement of
    Standar Akuntansi Keuangan;                                           Financial Accounting Standards;
5. Perbuatan yang dapat merugikan Bank, baik finansial                 5. Acts that may harm the Bank, both financially and
    maupun non-finansial, termasuk menciderai citra Bank;                 nonfinancially, including harm the Bank’s image;
6. Pelanggaran aturan internal yang dapat menciderai                   6. Violations of internal rules that may jeopardize the integrity
    integritas pelaporan perusahaan, baik di bidang keuangan              of the corporate reporting, whether in finance or other fields;
    ataupun bidang lainnya; dan                                           and
7. Perbuatan yang membahayakan keselamatan dan kesehatan               7. Acts that endanger occupational safety and health.
    kerja.



Cara Penyampaian Laporan Pelanggaran dan                               Mechanism to Submit Whistleblowing Report
Pihak yang Mengelola Pelanggaran                                       and Party Managing the Violations

Bank Victoria menerapkan mekanisme WBS, di mana pelapor                Bank Victoria implements a WBS mechanism in which reporters
dapat menyampaikan laporan suatu pelanggaran secara lisan,             can submit reports of a violation orally, by letter, via e-mail or
dengan surat, melalui e-mail atau sms kepada Unit Anti Fraud           sms to the Anti Fraud Unit at the following address:
pada alamat sebagai berikut:
1. Melalui Surat                                                       1. By Mail
   Ditujukan kepada Direktur Utama dan ditembuskan kepada                 Addressed to the President Director with a copy to the Anti
   Unit Anti Fraud di Graha BIP Lt. 10, Jl. Gatot Subroto Kav. 23,        Fraud Unit at Graha BIP 10th Floor, Jl. Gatot Subroto Kav. 23,
   Karet Semanggi, Setiabudi, Jakarta Selatan, Daerah Khusus              Karet Semanggi, Setiabudi, Jakarta Selatan, Daerah Khusus
   Ibukota Jakarta 12930.                                                 Ibukota Jakarta 12930.
2. Melalui E-mail                                                      2. By E-mail
   a. Unit Anti Fraud apabila terlapor adalah karyawan dengan             a. Anti Fraud Unit, if the reported party is an employee, at
        alamat e-mail: unitantifraud@victoriabank.co.id.                      unitantifraud@victoriabank.co.id.
   b. Direktur Utama apabila terlapor adalah anggota                      b. President Director, if the reported party is a
        Dewan       Komisaris      dengan      alamat      e-mail             member of the Board of Commissioners, at
        unitantifrauddireksi@victoriabank.co.id.                              unitantifrauddireksi@victoriabank.co.id.
   c. Dewan        Komisaris      apabila     terlapor     adalah         c. Board of Commissioners, if the reported party
        anggota      Direksi     dengan        alamat      e-mail             is a member of the Board of Directors, at
        unitantifraudkomisaris@victoriabank.co.id.                            unitantifraudkomisaris@victoriabank.co.id.
3. Melalui telepon atau SMS dengan nomor ke: 081 1870 7649.            3. By telephone or SMS to: 081 1870 7649.




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Perlindungan bagi Pelapor                                              Protection for Whistleblower

Manajemen Bank Victoria sangat menyarankan agar pelapor                Bank Victoria’s management strongly recommends that the
mencantumkan identitas untuk memudahkan Tim Anti Fraud                 whistleblower includes his/her identity in the report to make
dalam melakukan investigasi. Meskipun demikian, kerahasiaan            it easier for the Anti Fraud Team to carry out investigations.
identitas pelapor akan tetap dijaga Tim Anti Fraud dan dijamin         Nevertheless, the whistleblower’s identity will remain confidential
oleh Dewan Komisaris dan Direksi. Informasi minimal pelapor            by the Anti Fraud Team, which is guaranteed by the Board of
yang diperlukan adalah alamat surat atau e-mail, nomor telepon,        Commissioners and Board of Directors. Information regarding the
atau nomor telepon genggam.                                            whistleblower that is needed at least covers the email address,
                                                                       phone number, or mobile phone number.


Apabila pelapor merasa terancam setelah melaporkan adanya              If the whistleblower feels threated after reporting a violation, then
tindakan pelanggaran, maka dalam hal ini, Bank berkewajiban            in this case the Bank is obligated to protect the whistleblower
untuk melakukan perlindungan yang meliputi:                            which includes:
1. Perlindungan fisik, baik terhadap dirinya sendiri maupun            1. Physical protection, both for the whistleblower and for the
    keluarganya;                                                            family members;
2. Perlindungan terhadap harta benda miliknya dan milik                2. Protection for the whistleblower’s properties and family
    keluarganya atas teror ataupun pembalasan yang harus                    members’ properties against terror or any retaliation the
    dialaminya;                                                             whistleblower is dealing with;
3. Perlindungan administratif yang berupa penundaan kenaikan           3. Administrative protection in the form of suspension of
    pangkat, pemecatan, pengucilan di tempat kerja, mutasi                  promotion, termination, expulsion at work, unreasonable
    yang tidak layak, termasuk kepastian kerja dan lainnya; serta           transfer, including work assurance etc.; and
4. Perlindungan hukum dalam proses litigasi di Pengadilan Negeri,      4. Legal protection in the litigation process in the District
    termasuk biayanya, dan bila perlu termasuk perlindungan                 Court, including the fee and if necessary, including protection
    melalui Lembaga Perlindungan Saksi dan Korban.                          through Witness and Victim Protection Agency.



Penanganan Pengaduan                                                   Complaint Handling

Setiap pengaduan pelanggaran yang masuk akan dikelola oleh             Any incoming violation complaint will be managed by the Anti
Tim Anti Fraud, untuk selanjutnya dilakukan investigasi atas           Fraud team, to further be investigated for its truth. In the event
kebenaran laporan yang diterima. Jika diketahui bahwa laporan          that the report is proven to be true, it will be submitted to the
terbukti kebenarannya, maka akan disampaikan kepada Dewan              Board of Commissioners and Board of Directors to determine
Komisaris dan Direksi untuk menentukan jenis sanksi yang akan          the type of sanction to be imposed. Whereas, complaint that
diberikan. Sedangkan, laporan yang tidak terbukti keakuratannya,       is proven inaccurate will be ignored and set aside as a report
maka laporan tersebut akan diabaikan dan disisihkan sebagai            that does need to be followed-up. The Bank will not impose any
laporan yang tidak perlu ditindaklanjuti. Bank juga tidak akan         sanction to whistleblower of a report that is not proven true after
memberikan sanksi kepada pelapor apabila laporannya tidak              an investigation is carried out by the Anti Fraud Team.
terbukti setelah melalui penyelidikan yang dilakukan oleh Tim
Anti Fraud.



Laporan Pelanggaran Tahun 2023 dan Tindak                              Whistleblowing Report in 2023 and Its Follow
Lanjutnya                                                              Up

Sepanjang tahun 2023, tidak terdapat penyimpangan atau                 Throughout 2023, there were no irregularities or fraud in the
kecurangan proses kerja dan kegiatan operasional Bank, baik            Bank’s work processes and operational activities, whether
yang dilakukan oleh Dewan Komisaris, Direksi, maupun karyawan          committed by the Board of Commissioners, Board of Directors,
Bank.                                                                  or Bank employees.




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      Good Corporate Governance




Akses Informasi dan Data Perusahaan
Access to Company’s Information and Data



Bank berkomitmen untuk memberikan kemudahan akses                      The Bank is committed to providing easy access to information
informasi kepada masyarakat, Pemegang Saham, ataupun                   for the public, Shareholders, and other stakeholders. This
pemangku kepentingan lainnya. Informasi tersebut dapat diakses         information can be accessed through:
melalui:


Corporate Secretary                                                    Corporate Secretary
Gedung Graha BIP Lt. 10                                                Graha BIP Building 10th Floor
Jl. Gatot Subroto Kav. 23                                              Jl. Gatot Subroto Kav. 23
Jakarta Selatan 12930                                                  South Jakarta 12930
T : (021) 522 8888                                                     T : (021) 522 8888
F : (021) 522 8777                                                     F : (021) 522 8777
E : corsec@victoriabank.co.id                                          E : corsec@victoriabank.co.id
W : www.victoriabank.co.id                                             W : www.victoriabank.co.id



Situs Web                                                              Website

Publik dapat dengan mudah mengakses situs web Bank untuk               The public can easily access the Bank’s website to obtain financial
mendapatkan informasi keuangan dan non-keuangan, termasuk              and non-financial information, including products/facilities,
produk/fasilitas, laporan-laporan wajib, dan peluang karier di         mandatory reports, and career opportunities at the Bank. The
Bank. Situs web Bank juga menyediakan saluran informasi terkait        Bank’s website also provides information channels related to
dengan Bank Victoria, meliputi:                                        Bank Victoria, including:
1. Call center       : 1500977                                         1. Call center        : 1500977
2. E-mail            : costumercare@victoriabank.co.id                 2. E-mail             : costumercare@victoriabank.co.id
3. Facebook          : @BankVictoriaID                                 3. Facebook           : @BankVictoriaID
4. Youtube           : Bank Victoria                                   4. Youtube            : Bank Victoria
5. Instagram         : @bankvictoria                                   5. Instagram          : @bankvictoria



Media Elektronik                                                       Electronic Media

Bank menggunakan media elektronik seperti situs web dan e-mail         The Bank uses electronic media such as website and email
(corsec@victoriabank.co.id) untuk menyampaikan informasi yang          (corsec@victoriabank.co.id) to deliver relevant information,
relevan, termasuk Laporan Tahunan. Pemangku kepentingan                including Annual Reports. Stakeholders can register their identity
dapat mendaftarkan identitas dan alamat e-mail pada mailing list       and email address on the mailing list via the Bank’s website
melalui situs web Bank (www.victoria.co.id) untuk mendapatkan          (www.victoria.co.id) to regularly receive information.
informasi secara berkala.



Siaran Pers                                                            Press Release

Bank Victoria menggunakan article placement untuk                      Bank Victoria uses article placements to inform performance-
menginformasikan kegiatan terkait kinerja dan kegiatan lainnya.        related activities and other activities. In 2023, Bank Victoria
Selama tahun 2023, Bank Victoria telah menerbitkan article             issued 17 (seventeen) article placements.
placement sebanyak 17 (tujuh belas) artikel.




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Buletin                                                                      Bulletin

Bank Victoria menerbitkan buletin bernama Victoria News                      Bank Victoria issued a bulletin called Victoria News as a medium
sebagai media untuk menyampaikan informasi kepada pemangku                   for delivering information to stakeholders. In 2023, Victoria News
kepentingan. Selama tahun 2023, Victoria News telah menebitkan               published content 24 (twenty-four) times.
konten sebanyak 24 (dua puluh empat) kali.




Implementasi Tata Kelola Perusahaan Terbuka
Implementation of Corporate Governance of Public Company


Penerapan GCG Bank telah disesuaikan dengan Peraturan                        The Bank’s GCG implementation has been adjusted to the
Otoritas Jasa Keuangan No. 21/POJK.04/2015 dan Surat Edaran                  Financial Services Authority Regulation No. 21/POJK.04/2015
Otoritas Jasa Keuangan No. 32/SEOJK.04/2015, sebagaimana                     and Financial Services Authority Circular No. 32/SEOJK.04/2015,
diungkapkan berikut:                                                         as stated below:


Aspek 1: Hubungan Perusahaan Terbuka dengan Pemegang Saham dalam Menjamin Hak-Hak Pemegang Saham
Aspect 1: Relationship between the Public Company and Shareholders in Guaranteeing the Shareholders’ Rights

                                           Prinsip 1: Meningkatkan Nilai Penyelenggaraan RUPS.
                                            Principle 1: Increasing the Value of Convening GMS.
 REKOMENDASI 1                                                             RECOMMENDATION 1

 Perusahaan terbuka memiliki cara atau prosedur teknis pengumpulan         The public company has technical voting methods or procedures, either
 suara (voting), baik secara terbuka maupun tertutup yang mengedepankan    open or close, prioritizing independence, and interest of Shareholders.
 independensi, dan kepentingan Pemegang Saham.

 STATUS DAN PENERAPAN                                                      STATUS AND IMPLEMENTATION

 Terpenuhi                                                                 Complied
 Bank memiliki prosedur pengumpulan suara dalam RUPS yang diatur dalam     The Bank has procedures for voting at the GMS which are regulated in the
 Anggaran Dasar.                                                           Articles of Association.

 REKOMENDASI 2                                                             RECOMMENDATION 2

 Seluruh anggota Direksi dan anggota Dewan Komisaris perusahaan terbuka    All members of Board of Directors and members of Board of Commissioners
 hadir dalam RUPS Tahunan.                                                 of the public company attend the Annual GMS.

 STATUS DAN PENERAPAN                                                      STATUS AND IMPLEMENTATION

 Terpenuhi                                                                 Complied
 Seluruh anggota Dewan Komisari dan Direksi hadir dalam RUPS Tahunan       All members of Board of Commissioners and Board of Directors attended
 2023.                                                                     the 2023 Annual GMS.

 REKOMENDASI 3                                                             RECOMMENDATION 3

 Ringkasan risalah RUPS tersedia dalam situs web perusahaan terbuka        Summary of GMS minutes is available on the public company’s website for
 paling sedikit selama 1 (satu) tahun.                                     at least 1 (one) year.

 STATUS DAN PENERAPAN                                                      STATUS AND IMPLEMENTATION

 Terpenuhi                                                                 Complied
 Situs web Bank Victoria telah memuat ringkasan RUPS selama lebih dari 1   Bank Victoria website has posted a summary of the GMS for more than
 (satu) tahun.                                                             1 (one) year.




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      Good Corporate Governance




           Prinsip 2: Meningkatkan Kualitas Komunikasi Perusahaan Terbuka dengan Pemegang Saham atau Investor.
         Principle 2: Increasing the Communication Quality between the Public Company and Shareholders or Investors.
REKOMENDASI 4                                                               RECOMMENDATION 4

Perusahaan terbuka memiliki suatu kebijakan komunikasi dengan               The public company has communication policy with the Shareholders or
Pemegang Saham atau investor.                                               investors.

STATUS DAN PENERAPAN                                                        STATUS AND IMPLEMENTATION

Terpenuhi                                                                   Complied
Bank telah menetapkan kebijakan komunikasi dengan Pemegang Saham            The Bank has established a policy on communication with Shareholders
atau investor sesuai dengan Anggaran Dasar Bank yang terkait dengan         or investors in accordance with the Bank’s Articles of Association related
RUPS.                                                                       to the GMS.

REKOMENDASI 5                                                               RECOMMENDATION 5

Perusahaan terbuka mengungkapkan kebijakan komunikasi perusahaan            The public company discloses its policy on communication with
terbuka dengan Pemegang Saham atau investor dalam situs web.                Shareholders or investors on the website.

STATUS DAN PENERAPAN                                                        STATUS AND IMPLEMENTATION

Terpenuhi                                                                   Complied
Bank telah memiliki kebijakan komunikasi dalam rangka transparansi dan      The Bank already has a communication policy in order to be transparent
memberikan kesetaraan informasi kepada Pemegang Saham atau investor         and provide information equality to Shareholders or Investors, which can
yang dapat diakses pada situs resmi Bank www.victoriabank.co.id bagian      be accessed on the Bank’s official website at www.victoriabank.co.id in the
Hubungan Investor.                                                          Investor Relations section.




Aspek 2: Fungsi dan Peran Dewan Komisaris
Aspect 2: Functions and Roles of the Board of Commissioners

                                Prinsip 3: Memperkuat Keanggotaan dan Komposisi Dewan Komisaris.
                       Principle 3: Strengthening the Board of Commissioners’ Membership and Composition.
REKOMENDASI 6                                                               RECOMMENDATION 6

Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi           The determination of number of Board of Commissioners’ members
perusahaan terbuka.                                                         considers the public company’s condition.

STATUS DAN PENERAPAN                                                        STATUS AND IMPLEMENTATION

Terpenuhi                                                                   Complied
Penentuan jumlah anggota Dewan Komisaris telah mempertimbangkan             The determination of number of Board of Commissioners’ members has
kondisi terkini Bank serta telah memenuhi persyaratan Otoritas Jasa         considered the Bank’s current condition and has met the requirements of
Keuangan.                                                                   the Financial Services Authority.

REKOMENDASI 7                                                               RECOMMENDATION 7

Penentuan komposisi anggota Dewan Komisaris memperhatikan                   The determination of Board of Commissioners’ composition considers the
keberagaman keahlian, pengetahuan, dan pengalaman yang dibutuhkan.          range of expertise, knowledge, and experience required.

STATUS DAN PENERAPAN                                                        STATUS AND IMPLEMENTATION

Terpenuhi                                                                   Complied
Anggota Dewan Komisaris yang menjabat saat ini memiliki keahlian,           The current members of Board of Commissioners have expertise,
pengetahuan, dan pengalaman yang dibutuhkan Bank.                           knowledge, and experience required by the Bank.

                   Prinsip 4: Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris.
          Principle 4: Increasing the Quality of Implementation of Board of Commissioners’ Duties and Responsibilities.
REKOMENDASI 8                                                               RECOMMENDATION 8

Dewan Komisaris mempunyai kebijakan penilaian sendiri (self assessment)     The Board of Commissioners has self-assessment policy to assess the Board
untuk menilai kinerja Dewan Komisaris.                                      of Commissioners’ performance.

STATUS DAN PENERAPAN                                                        STATUS AND IMPLEMENTATION

Terpenuhi                                                                   Complied
Kebijakan terkait penilaian sendiri kinerja Dewan Komisaris telah dimuat    The policy related to self-assessment of the Board of Commissioners’
dalam BOC Charter.                                                          performance has been set out in the BOC Charter.

REKOMENDASI 9                                                               RECOMMENDATION 9

Kebijakan penilaian sendiri (self assessment) untuk menilai kinerja Dewan   The self-assessment policy to assess the Board of Commissioners’
Komisaris, diungkapkan melalui Laporan Tahunan perusahaan terbuka.          performance is disclosed in the public company’s Annual Report.




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 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Berdasarkan BOC Charter, Dewan Komisaris melaksanakan penilaian sendiri       Based on the BOC Charter, the Board of Commissioners consistently
 secara konsisten setiap tahun. Uraian terkait pelaksanaan penilaian sendiri   performs self-assessment annually. The description regarding the
 Dewan Komisaris telah disampaikan dalam Laporan Tahunan ini.                  implementation of Board of Commissioners’ self-assessment is conveyed
                                                                               in this Annual Report.

 REKOMENDASI 10                                                                RECOMMENDATION 10

 Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota          The Board of Commissioners has policy related to resignation of the Board
 Dewan Komisaris apabila terlibat dalam kejahatan keuangan.                    of Commissioners’ members if involved in financial crime.

 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Kebijakan terkait pengunduran diri Dewan Komisaris apabila terlibat           The policy related to the resignation of the Board of Commissioners if they
 kejahatan keuangan telah dimuat dalam BOC Charter.                            are involved in financial crimes are contained in the BOC Charter.

 REKOMENDASI 11                                                                RECOMMENDATION 11

 Dewan Komisaris atau Komite yang menjalankan fungsi nominasi dan              The Board of Commissioners or Committee performing nomination and
 remunerasi menyusun kebijakan suksesi dalam proses nominasi anggota           remuneration functions prepares the succession policy for the nomination
 Direksi.                                                                      process of the Board of Directors’ members.

 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Komite Nominasi dan Remunerasi Bank telah mempunyai kebijakan suksesi         The Bank’s Nomination and Remuneration Committee already has a
 dalam proses Nominasi anggota Direksi yang tertuang dalam Kebijakan           succession policy for the Nomination process of the Board of Directors’
 Sistem Nominasi dan Remunerasi.                                               members as stated in the Nomination and Remuneration System Policy.


Aspek 3: Fungsi dan Peran Direksi
Aspect 3: Functions and Roles of the Board of Directors

                                        Prinsip 5: Memperkuat Keanggotaan dan Komposisi Direksi.
                             Principle 5: Strengthening the Board of Directors’ Membership and Composition.
 REKOMENDASI 12                                                                RECOMMENDATION 12

 Penentuan jumlah anggota Direksi mempertimbangkan kondisi perusahaan          The determination of number of Board of Directors’ members considers the
 terbuka, serta efektivitas dalam pengambilan keputusan.                       public company’s condition and effectiveness in decision-making.

 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Penentuan jumlah anggota Direksi telah mempertimbangkan kondisi               The determination of number of Board of Directors’ members has
 terkini Bank serta telah memenuhi persyaratan Otoritas Jasa Keuangan.         considered the Bank’s current condition and has met the requirements of
                                                                               the Financial Services Authority.

 REKOMENDASI 13                                                                RECOMMENDATION 13

 Penentuan komposisi anggota Direksi memperhatikan, keberagaman                The determination of Board of Directors’ composition considers the range
 keahlian, pengetahuan, dan pengalaman yang dibutuhkan.                        of expertise, knowledge, and experience required.

 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Anggota Direksi yang menjabat saat ini memiliki keahlian, pengetahuan,        The current members of Board of Directors have the expertise, knowledge,
 dan pengalaman yang dibutuhkan Bank.                                          and experience required by the Bank.

 REKOMENDASI 14                                                                RECOMMENDATION 14

 Anggota Direksi yang membawahi bidang akuntansi atau keuangan                 The Board of Directors’ member in charge of accounting or finance has the
 memiliki keahlian dan/atau pengetahuan di bidang akuntansi.                   expertise and/or knowledge in accounting.

 STATUS DAN PENERAPAN                                                          STATUS AND IMPLEMENTATION

 Terpenuhi                                                                     Complied
 Anggota Direksi yang membawahi bidang akuntansi atau keuangan telah           The Board of Directors’ member in charge of accounting or finance already
 memiliki keahlian dan/atau pengetahuan di bidang akuntansi.                   has the expertise and/or knowledge in accounting.




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                          Prinsip 6: Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi.
              Principle 6: Increasing the Quality of Implementation of Board of Directors’ Duties and Responsibilities.
REKOMENDASI 15                                                                 RECOMMENDATION 15

Direksi mempunyai kebijakan penilaian sendiri (self assessment) untuk          The Board of Directors has self-assessment policy to assess the Board of
menilai kinerja Direksi.                                                       Directors’ performance.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Kebijakan terkait penilaian sendiri kinerja Direksi telah dimuat dalam BOD     The policy related to self-assessment of the Board of Directors’ performance
Charter.                                                                       has been set out in the BOD Charter.

REKOMENDASI 16                                                                 RECOMMENDATION 16

Kebijakan penilaian sendiri (self assessment) untuk menilai kinerja Direksi    The self-assessment policy to assess the Board of Directors’ performance is
diungkapkan melalui laporan tahunan perusahaan terbuka.                        disclosed in the public company’s Annual Report.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Berdasarkan BOD Charter, Direksi melaksanakan penilaian sendiri secara         Based on the BOD Charter, the Board of Directors consistently performs the
konsisten setiap tahun. Uraian terkait pelaksanaan penilaian sendiri Direksi   self-assessment annually. The description regarding the implementation of
telah disampaikan dalam Laporan Tahunan ini.                                   Board of Directors’ self-assessment is conveyed in this Annual Report.

REKOMENDASI 17                                                                 RECOMMENDATION 17

Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi           The Board of Directors has policy related to resignation of the Board of
apabila terlibat dalam kejahatan keuangan.                                     Directors’ members if involved in financial crime.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Kebijakan terkait pengunduran diri Direksi apabila terlibat kejahatan          The policy related to the resignation of Board of Directors if they are
keuangan telah dimuat dalam BOD Charter.                                       involved in financial crimes are contained in the BOD Charter.




Aspek 4: Partisipasi Pemangku Kepentingan
Aspect 4: Stakeholders Participation

                 Prinsip 7: Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan.
                    Principle 7: Increasing the Corporate Governance Aspect through Stakeholders Participation.
REKOMENDASI 18                                                                 RECOMMENDATION 18

Perusahaan terbuka memiliki kebijakan untuk mencegah terjadinya insider        The public company has a policy to prevent the occurrence of insider
trading.                                                                       trading.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Kebijakan untuk mencegah insider trading telah dimuat dalam Kode Etik.         Policy to prevent insider trading is set out in the Code of Conduct.

REKOMENDASI 19                                                                 RECOMMENDATION 19

Perusahaan terbuka memiliki kebijakan anti korupsi dan anti fraud.             The public company has anti-corruption and anti fraud policy.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Kebijakan tentang anti korupsi dan anti fraud telah dimuat dalam Kode Etik.    Policy on anti corruption and anti fraud is set out in the Code of Conduct.

REKOMENDASI 20                                                                 RECOMMENDATION 20

Perusahaan terbuka memiliki kebijakan tentang seleksi dan peningkatan          The public company has a policy on selection and improvement of
kemampuan pemasok atau vendor.                                                 supplier’s or vendor’s capabilities.

STATUS DAN PENERAPAN                                                           STATUS AND IMPLEMENTATION

Terpenuhi                                                                      Complied
Kebijakan tentang seleksi dan peningkatan kemampuan pemasok atau               Policy on selection and improvement of the Bank’s supplier’s or vendor’s
vendor Bank diatur dalam Surat Keputusan Direktur No. 143/SK-DIR/06/14         capabilities is stipulated under the Board of Directors’ Decision Letter
tanggal 24 Juni 2014 tentang Penambahan dan Perubahan Kebijakan dan            No. 143/SK-DIR/06/14 dated 24 June 2014 on Additions and Changes to
Prosedur General Affair.                                                       Policy and Procedure of General Affair.




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REKOMENDASI 21                                                             RECOMMENDATION 21

Perusahaan terbuka memiliki kebijakan tentang pemenuhan hak-hak            The public company has a policy on the fulfillment of creditor’s rights.
kreditur.

STATUS DAN PENERAPAN                                                       STATUS AND IMPLEMENTATION

Terpenuhi                                                                  Complied
Kebijakan tentang pemenuhan hak-hak kreditur telah dimuat dalam Kode       Policy on the fulfillment of creditor’s rights is set out in the Code of
Etik.                                                                      Conduct.

REKOMENDASI 22                                                             RECOMMENDATION 22

Perusahaan terbuka memiliki kebijakan sistem WBS.                          The public company has a policy on WBS system.

STATUS DAN PENERAPAN                                                       STATUS AND IMPLEMENTATION

Terpenuhi                                                                  Complied
Bank telah memutakhirkan Kebijakan dan Standar Operasional Prosedur        The Bank has updated the Policy and Standard Operating Procedure for
Penerapan Anti Fraud serta Penerapan Whistleblowing System melalui         the Implementation of Anti Fraud and Whistleblowing System through the
Keputusan Direksi No. 002/SK-DIR/08/20 tanggal 7 Agustus 2020 tentang      Board of Directors’ Decision Letter No. 002/SK-DIR/08/20 dated 7 August
Kebijakan dan Standar Operasional Prosedur Penerapan Strategi Anti Fraud   2020 on Policy and Standard Operating Procedure for Anti Fraud Strategy
PT Bank Victoria International Tbk.                                        Implementation of PT Bank Victoria International Tbk.

REKOMENDASI 23                                                             RECOMMENDATION 23

Perusahaan terbuka memiliki kebijakan pemberian insentif jangka panjang    The public company has a policy on provision of long-term incentive for the
kepada Direksi dan karyawan.                                               Board of Directors and employees.

STATUS DAN PENERAPAN                                                       STATUS AND IMPLEMENTATION

Terpenuhi                                                                  Complied
Bank memberlakukan insentif jangka panjang kepada Direksi dan              The Bank applies long-term incentives to the Board of Directors
karyawan sesuai dengan Keputusan Direksi No. 001A/SK-DIR/12/22             and employees in accordance with the Board of Directors Decree
tanggal 1 Desember 2022 tentang Kebijakan dan Prosedur Human Capital       No. 001A/SK-DIR/12/22 dated 1 December 2022 on Human Capital
Management. Informasi terkait pemberian insentif ini terdokumentasi        Management Policies and Procedures. Information related to the provision of
dalam catatan Laporan Keuangan, khususnya terkait Liabilitas Imbalan       incentives is documented in the notes to Financial Statements, particularly
Kerja, yang terlampir dalam Laporan Tahunan ini.                           related to Employee Benefits Obligation as enclosed to this Annual Report.



Aspek 5: Keterbukaan Informasi
Aspect 5: Information Disclosure

                                     Prinsip 8: Meningkatkan Pelaksanaan Keterbukaan Informasi.
                                 Principle 8: Increasing the Implementation of Information Disclosure.
REKOMENDASI 24                                                             RECOMMENDATION 24

Perusahaan terbuka memanfaatkan penggunaan teknologi informasi secara      The public company utilizes information technology more broadly, in
lebih luas selain situs web sebagai media keterbukaan informasi.           addition to the website, as a media for information disclosure.

STATUS DAN PENERAPAN                                                       STATUS AND IMPLEMENTATION

Terpenuhi                                                                  Complied
Platform media sosial, IDX Net, dan Sistem Pelaporan Otoritas Jasa         Social media platforms, IDX Net, and the Financial Services Authority
Keuangan dimanfaatkan dengan baik oleh Bank sebagai sarana                 Reporting System are properly utilized by the Bank as a means of delivering
penyampaian informasi bagi para pemangku kepentingan.                      information to stakeholders.

REKOMENDASI 19                                                             RECOMMENDATION 19

Laporan Tahunan perusahaan terbuka mengungkapkan pemilik manfaat           The public company’s Annual Report discloses the ultimate beneficial
akhir dalam kepemilikan saham perusahaan terbuka paling sedikit 5%,        owner of the public company’s share ownership of at least 5%, in addition
selain pengungkapan pemilik manfaat akhir dalam kepemilikan saham          to the disclosure of the ultimate beneficial owner in the share ownership of
perusahaan terbuka melalui Pemegang Saham Utama dan Pengendali.            public company through the Main and Controlling Shareholders.

STATUS DAN PENERAPAN                                                       STATUS AND IMPLEMENTATION

Terpenuhi                                                                  Complied
Informasi terkait pemilik manfaat terakhir Bank diungkapkan pada bagian    Information related to the Bank’s ultimate beneficial owner is disclosed in
Profil Perusahaan dalam Laporan Tahunan ini.                               the Company Profile section of this Annual Report.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Pedoman Umum Governansi Korporat Indonesia
General Guidelines for Indonesian Corporate Governance


                                                                                   Bank Victoria applies the principles and recommendations of the 2021
Bank Victoria menerapkan prinsip dan rekomendasi PUGKI 2021
                                                                                   PUGKI (General Guidelines for Indonesian Corporate Governance)
berdasarkan pendekatan “terpenuhi atau penjelasan” dengan                          based on the “complied or explanation” approach with details of its
rincian implementasi sebagai berikut:                                              implementation as follows:




Prinsip 1: Peran dan Tanggung Jawab Direksi dan Dewan Komisaris
Principle 1: Roles and Responsibilities of the Board of Directors and Board of Commissioners

                                         Rekomendasi 1.1: Peran dan Tanggung Jawab Direksi.
                                 Recommendation 1.1: Roles and Responsibilities of the Board of Directors.
 REKOMENDASI 1.1.1:                                                              RECOMMENDATION 1.1.1:

 Untuk mencapai penciptaan nilai yang berkelanjutan, Direksi menjalankan peran   To achieve sustainable value creation, the Board of Directors carries out
 kepemimpinannya dan berupaya mencapai hasil governansi sebagai berikut:         its leadership role and seeks to achieve the following governance results:
 1. Berdaya saing dan berfokus ke kinerja jangka panjang;                        1. Be competitive and focused on long-term performance;
 2. Beretika dan bertanggung jawab dalam menjalankan bisnis;                     2. Be ethical and responsible in conducting business;
 3. Berkontribusi positif terhadap masyarakat dan lingkungan; serta              3. Have positive contributions to the community and the environment; and
 4. Berkemampuan dalam bertahan dan bertumbuh (corporate resilience).            4. Be able to survive and grow (corporate resilience).

 STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

 Terpenuhi                                                                       Complied
 Direksi mewujudkan standar etika bisnis yang tinggi dan memastikan              The Board of Directors realizes high standards of business ethics and
 pelaksanaan Kode Etik yang melahirkan budaya korporasi yang                     ensures of that the Code of Conduct implementation creates a corporate
 berintegritas. Hal ini dilakukan salah satunya dengan menerapkan Nilai          culture with integrity. This is done, among others, by implementing the
 Budaya Perusahaan, SQEW (Safe, Quick, Easy, Warm).                              Company’s Cultural Values, SQEW (Safe, Quick, Easy, Warm).

 REKOMENDASI 1.1.2:                                                              RECOMMENDATION 1.1.2:

 Direksi harus memastikan bahwa misi, visi, tujuan, sasaran, strategi, dan       The Board of Directors must ensure that the corporate mission, vision,
 rencana tahunan dan jangka menengah korporasi konsisten dengan tujuan           goals, objectives, strategies, and annual as well as mid-term plans are
 jangka panjang, dengan memanfaatkan inovasi dan teknologi secara efektif.       consistent with the long-term goals, by effectively utilizing innovation and
                                                                                 technology.

 STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

 Terpenuhi                                                                       Complied
 Direksi telah menjadikan optimalisasi penerapan teknologi informasi terkini     The Board of Directors has made the optimization of the latest information
 sebagai salah satu pilar strategi dalam mencapai target bisnis baik jangka      technology application as one of the strategic pillars in achieving both
 pendek maupun jangka panjang.                                                   short and long-term business targets.

 REKOMENDASI 1.1.3:                                                              RECOMMENDATION 1.1.3:

 Direksi memastikan bahwa korporasi menerapkan manajemen risiko dan              The Board of Directors ensures that the corporation implements an
 sistem pengendalian internal yang tepat dan efektif yang selaras dengan         appropriate and effective risk management and internal control system,
 visi, misi, tujuan, sasaran, dan strategi korporasi serta mematuhi peraturan    that is aligned with the corporate vision, mission, goals, objectives, and
 perundang-undangan dan standar yang berlaku.                                    strategies, as well as complies with applicable laws and regulations and
                                                                                 standards.

 STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

 Terpenuhi                                                                       Complied
 Sistem manajemen risiko dan pengendalian internal Bank senantiasa               The Bank’s risk management and internal control systems are always
 selaras dengan visi, misi, tujuan, sasaran, dan strategi korporasi serta        aligned with the corporate vision, mission, goals, objectives, and strategies
 mematuhi peraturan perundang-undangan dan standar yang berlaku.                 as well as complying with applicable laws and regulations and standards.

 REKOMENDASI 1.1.4:                                                              RECOMMENDATION 1.1.4:

 Direksi memastikan integritas akuntansi dan sistem pelaporan keuangan           The Board of Directors ensures the integrity of corporate accounting and
 korporasi dan pengungkapan yang tepat waktu dan akurat atas semua               financial reporting system and the timely and accurate disclosure of all
 informasi material mengenai korporasi.                                          material information on the corporation.




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STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Direksi memastikan bahwa setiap orang yang terlibat dalam persiapan dan       The Board of Directors ensures that everyone involved in the preparation
pengungkapan informasi korporasi memiliki kemampuan dan latar belakang        and disclosure of corporate information has adequate skills and background
yang memadai untuk menjalankan pekerjaannya. Direksi juga bertanggung         to perform the work. The Board of Directors is also responsible for and
jawab atas dan melakukan publikasi Laporan Keuangan Triwulanan di situs       publishes the Quarterly Financial Statements on the Bank’s website and
web Bank dan media massa sesuai peraturan yang berlaku.                       mass media in accordance with applicable regulations.

REKOMENDASI 1.1.5:                                                            RECOMMENDATION 1.1.5:

Direksi memastikan pelaporan keberlanjutan telah disusun sebagaimana          The Board of Directors ensures that sustainability reporting has been
mestinya.                                                                     prepared properly.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Direksi beserta jajaran manajemen telah memastikan Laporan                    The Board of Directors and the management have ensured that the
Keberlanjutan disusun berdasarkan kerangka pelaporan yang sesuai dengan       Sustainability Report is prepared based on a reporting framework that
ukuran dan kompleksitas korporasi dan memenuhi standar nasional.              is appropriate to the corporate size and complexity and meets national
                                                                              standards.

REKOMENDASI 1.1.6:                                                            RECOMMENDATION 1.1.6:

Direksi membangun kerangka kerja untuk governansi teknologi informasi         The Board of Directors builds a framework for corporate information
korporasi yang selaras dengan kebutuhan dan prioritas bisnis korporasi,       technology governance that is aligned with corporate business needs and
mendorong peluang dan kinerja bisnis, memperkuat manajemen risiko,            priorities, drives business opportunities and performance, strengthens risk
serta mendukung tujuan dan strategi korporasi.                                management, as well as supports corporate goals and strategies.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Strategi dan kerangka kerja governansi TI Bank dijelaskan dengan rinci pada   The Bank’s IT governance strategy and framework are explained in detail
Laporan Tahunan ini. Direksi memastikan bahwa Bank memiliki kebijakan         in this Annual Report. The Board of Directors ensures that the Bank has
alokasi sumber daya TI yang memadai dan optimal untuk mendukung               adequate and optimal IT resource allocation policies to support the Bank’s
tujuan dan strategi Bank.                                                     goals and strategies.

REKOMENDASI 1.1.7:                                                            RECOMMENDATION 1.1.7:

Bagi korporasi yang menjalankan kegiatan usaha berdasarkan prinsip            For corporations that conduct business activities based on sharia principles,
syariah, Direksi perlu memastikan kewenangan dan ketersediaan                 the Board of Directors needs to ensure the authority and availability of
perangkat pendukung yang memadai agar Dewan Pengawas Syariah dapat            adequate supporting tools, allowing the Sharia Supervisory Board to carry
menjalankan perannya dengan efektif.                                          out its role effectively.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Penjelasan                                                                    Explanation
Di tahun 2023, Bank tidak memiliki dan menjalankan kegiatan usaha             In 2023, the Bank did not have and conduct business activities based on
berdasarkan prinsip syariah.                                                  sharia principles.

REKOMENDASI 1.1.8:                                                            RECOMMENDATION 1.1.8:

Piagam Direksi secara periodik ditinjau. Piagam mencakup antara lain          The Board of Directors' Charter is periodically reviewed. The Charter
pembagian peran Direktur secara individual dapat diatur di Piagam Direksi     includes, among others, the division of roles for the Directors individually,
atau dengan surat keputusan Direksi.                                          which can be regulated in the Board of Directors' Charter or by a decision
                                                                              letter of the Board of Directors.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
BOD Charter ditelaah secara berkala dan telah diperbarui pada tanggal         The BOD Charter is reviewed periodically and was updated on 6 December
6 Desember 2023 dan diunggah ke situs web Bank (www.victoriabank.co.id).      2023 and uploaded to the Bank’s website (www.victoriabank.co.id).

REKOMENDASI 1.1.9:                                                            RECOMMENDATION 1.1.9:

Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi          The Board of Directors has a policy on resignation of members of the Board
apabila terlibat dalam kejahatan keuangan dan terbukti melakukan              of Directors if involved in a financial crime and are proven to have made a
kesalahan.                                                                    mistake.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Kebijakan terkait pengunduran diri anggota Direksi apabila terlibat dalam     The policy related to the resignation of members of the Board of Directors
kejahatan keuangan dan terbukti melakukan kesalahan dituangkan dalam          if involved in financial crimes and proven wrongdoing are outlined in the
BOD Charter.                                                                  BOD Charter.




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      Tata Kelola Perusahaan
      Good Corporate Governance




                                  Rekomendasi 1.2: Penilaian Kinerja - Direksi dan Anggotanya.
                         Recommendation 1.2: Performance Assessment - Board of Directors and its Members.
REKOMENDASI 1.2.1:                                                             RECOMMENDATION 1.2.1:

Dewan Komisaris melakukan evaluasi formal tahunan secara objektif dan          The Board of Commissioners conducts an annual formal evaluation
independen untuk menentukan efektivitas Direksi dan setiap individu            objectively and independently to determine the effectiveness of the Board
Direktur.                                                                      of Directors and each individual Director.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Bank memiliki kebijakan penilaian terhadap kinerja Direksi yang terdiri dari   The Bank has a policy to assess the Board of Directors’ performance,
penilaian kinerja dengan metode penilaian sendiri dan penilaian kinerja        consisting of performance assessment with self-assessment method and
oleh Dewan Komisaris yang dilakukan minimum 1 (satu) kali dalam setahun.       performance assessment by the Board of Commissioners, conducted at
Penjelasan lebih lengkap disampaikan pada pembahasan Penilaian Kinerja         least 1 (one) time a year. A more detailed explanation is provided in the
Direksi dalam Laporan Tahunan ini.                                             discussion on the Board of Directors’ Performance Assessment in this
                                                                               Annual Report.

REKOMENDASI 1.2.2:                                                             RECOMMENDATION 1.2.2:

Dewan Komisaris dengan pertimbangan Komite Nominasi dan Remunerasi,            The Board of Commissioners, with considerations from the Nomination
bertanggung jawab menentukan kriteria evaluasi kinerja dan menilai kinerja     and Remuneration Committee, is responsible for determining performance
Direktur Utama dan anggota Direksi lainnya.                                    evaluation criteria and assessing the performance of the President Director
                                                                               and other members of the Board of Directors.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Kriteria penilaian kinerja Direksi oleh Dewan Komisaris               telah    The performance assessment criteria of the Board of Directors by the
mempertimbangkan usulan Komite Nominasi dan Remunerasi.                        Board of Commissioners have considered the recommendations of the
                                                                               Nomination and Remuneration Committee.

                                  Rekomendasi 1.3: Peran dan Tanggung Jawab Dewan Komisaris.
                            Recommendation 1.3: Roles and Responsibilities of the Board of Commissioners.
REKOMENDASI 1.3.1:                                                             RECOMMENDATION 1.3.1:

Dewan Komisaris mereviu strategi korporasi paling tidak setiap tahun dan       The Board of Commissioners reviews the corporate strategy at least annually
menyetujui misi, visi dan strategi korporasi yang dirumuskan oleh Direksi.     and approves the corporate mission, vision, and strategy formulated
Dewan Komisaris juga mereviu, memberikan saran dan menyetujui rencana          by the Board of Directors. The Board of Commissioners also reviews,
bisnis dan rencana keuangan jangka panjang dan rencana keuangan jangka         provides advice, and approves long-term business and financial plans and
pendek korporasi. Dewan Komisaris memberikan advis dan melakukan               the company’s short-term financial plans. The Board of Commissioners
pemantauan kepada Direksi atas pengelolaan implementasinya. Direksi            provides advice and monitors the Board of Directors on the management
dan Dewan Komisaris terlibat dalam keputusan yang sangat penting bagi          of its implementation. The Board of Directors and Board of Commissioners
korporasi, diatur dalam Anggaran Dasar korporasi.                              are involved in decisions deemed crucial for the corporation, as regulated
                                                                               in the Articles of Association of the Company.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Dewan Komisaris bersama Direksi setiap tahun melakukan kajian dan telaah       The Board of Commissioners, together with the Board of Directors,
mengenai kesesuaian visi dan misi Bank terhadap strategi, kondisi Bank saat    annually conducts studies and reviews on the suitability of the Bank’s
ini dan tantangan usaha yang akan dihadapi ke depan. Dewan Komisaris           vision and mission to the strategy, the Bank’s current condition, and
juga menelaah, memberikan saran, dan menyetujui rencana bisnis dan             business challenges to face in the future. The Board of Commissioners
rencana keuangan jangka panjang dan rencana keuangan jangka pendek             also reviews, provides advice, approves business plans, long-term financial
Bank dan melakukan pemantauan atas pengelolaan implementasinya oleh            plans, and short-term financial plans for the Bank, as well as oversees the
Direksi.                                                                       management of their implementation by the Board of Directors.

REKOMENDASI 1.3.2:                                                             RECOMMENDATION 1.3.2:

Jenis keputusan yang memerlukan persetujuan Dewan Komisaris harus              The types of decisions that require the Board of Commissioners’ approval
diungkapkan dalam Laporan Tahunan.                                             must be disclosed in the Annual Report.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Keputusan-keputusan yang diambil oleh Dewan Komisaris telah                    Decisions taken by the Board of Commissioners have been presented in the
disampaikan pada pembahasan Dewan Komisaris di Laporan Tahunan ini.            discussion of the Board of Commissioners in this Annual Report.




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REKOMENDASI 1.3.3:                                                         RECOMMENDATION 1.3.3:

Dengan memperhatikan rekomendasi Komite Nominasi dan Remunerasi,           Taking into account the recommendations from the Nomination and
Dewan Komisaris mengusulkan kepada, dan untuk diputuskan oleh, RUPS        Remuneration Committee, the Board of Commissioners proposes to, and to
pengangkatan dan/atau pemberhentian anggota Direksi dan anggota            be resolved by, the GMS the appointment and/or dismissal of members of the
Dewan Komisaris. Dalam mengusulkan hal di atas, Dewan Komisaris            Board of Directors and members of the Board of Commissioners. In proposing
memperhatikan keberagaman, unsur non-diskriminatif dan memberikan          the above, the Board of Commissioners pays attention to the diversity, non-
kesempatan yang sama tanpa membedakan suku, agama, ras, antar              discriminatory elements, and provides equal opportunities regardless of
golongan dan gender. Dewan Komisaris memastikan proses pencalonan          ethnicity, religion, race, class, and gender. The Board of Commissioners ensures
dan pemilihan anggota Direksi dan anggota Dewan Komisaris adalah formal    a formal and transparent nomination and selection process for members of the
dan transparan.                                                            Board of Directors and members of the Board of Commissioners.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Sebagaimana diatur dalam Kebijakan Nominasi Bank No. 003/SK-KOM/09/18      As stipulated in the Bank’s Nomination Policy No. 003/SK-KOM/09/18
tanggal 20 September 2018, Dewan Komisaris berperan aktif dalam            dated 20 September 2018, the Board of Commissioners plays an active
proses pengangkatan dan/atau pemberhentian anggota Dewan Komisaris         role in the process of appointing and/or dismissing members of the Board
dan Direksi. Dalam proses nominasi, Dewan Komisaris memperhatikan          of Commissioners and Board of Directors. In the nomination process, the
rekomendasi Komite Nominasi dan Remunerasi; keberagaman dengan             Board of Commissioners takes into account the recommendations of the
memberikan kesempatan yang sama tanpa membedakan suku, agama, ras,         Nomination and Remuneration Committee; diversity by providing equal
antar golongan dan gender; serta dilakukan dengan formal dan transparan.   opportunities regardless of ethnicity, religion, race, class, and gender; and
                                                                           carries out the nomination in a formal and transparent manner.

REKOMENDASI 1.3.4:                                                         RECOMMENDATION 1.3.4:

Dewan Komisaris atau Komite yang menjalankan fungsi nominasi menyusun      The Board of Commissioners or the Committee conducting the nomination
kebijakan suksesi dalam proses nominasi anggota Direksi. Setiap tahun      function prepares a succession policy in the process of nominating
Dewan Komisaris meninjau pelaporan pelaksanaan rencana pengembangan        members of the Board of Directors. Every year, the Board of Commissioners
dan suksesi yang disampaikan Direktur Utama.                               reviews the report on implementation of development and succession plans
                                                                           submitted by the President Director.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Dalam rangka mempersiapkan regenerasi kepemimpinan, Bank memiliki          In order to prepare for leadership regeneration, the Bank has established
dan menjalankan kebijakan suksesi Direksi yang merupakan bagian dari       and implements a succession policy for the Board of Directors, which is part
Pedoman Kerja Komite Nominasi dan Remunerasi dan telah disampaikan         of the Nomination and Remuneration Committee Charter and has been
dalam Laporan Tahunan.                                                     presented in the Annual Report.

REKOMENDASI 1.3.5:                                                         RECOMMENDATION 1.3.5:

Dewan Komisaris:                                                           The Board of Commissioners:
1. Mengajukan kepada RUPS, yang dapat didahului oleh usulan dari           1. Submits to the GMS, which may be preceded by recommendation from
   komite yang menjalankan fungsi remunerasi, besaran remunerasi              the committee conducting remuneration function, the remuneration
   anggota Direksi dan anggota Dewan Komisaris yang selaras dengan            amount for members of the Board of Directors and members of the Board
   pengembangan korporasi yang berkelanjutan dan kepentingan jangka           of Commissioners, in line with the sustainable corporate development
   panjang korporasi dan Pemegang Saham; serta                                and long-term interests of the corporation and Shareholders; and
2. Secara berkala mereviu sistem remunerasi Direksi dan Dewan Komisaris.   2. Periodically reviews the remuneration system for the Board of Directors
                                                                              and Board of Commissioners.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Komite Nominasi dan Remunerasi melakukan pembahasan atas remunerasi        The Nomination and Remuneration Committee discusses the remuneration
Dewan Komisaris dan Direksi dengan mempertimbangkan skala uaha,            for the Board of Commissioners and Board of Directors by considering
kompleksitas usaha, peer group, tingkat inflasi, kondisi dan kemampuan     the business scale, business complexity, peer group, inflation rate, the
keuangan Bank, dan tidak bertentangan dengan peraturan perundang-          Bank’s financial condition and capability, and not having any conflict with
undangan yang berlaku. Dewan Komisaris akan mempelajari rekomendasi        applicable laws and regulations. The Board of Commissioners will study
dari Komite Nominasi dan Remunerasi dan mengusulkan remunerasi             the recommendations from the Nomination and Remuneration Committee
tersebut kepada RUPS. Selain itu, sistem remunerasi Dewan Komisaris dan    and propose the remuneration to the GMS. In addition, the remuneration
Direksi ditelaah secara berkala sesuai perkembangan aktivitas Bank dan     system of the Board of Commissioners and Board of Directors is reviewed
ketentuan yang berlaku.                                                    periodically in accordance with the development of the Bank’s activities
                                                                           and applicable regulations.

REKOMENDASI 1.3.6:                                                         RECOMMENDATION 1.3.6:

Dewan Komisaris mengawasi efektivitas kebijakan governansi korporat dan    The Board of Commissioners oversees the effectiveness of corporate
implementasinya serta mengusulkan perubahan jika diperlukan.               governance policies and their implementation and proposes changes if
                                                                           necessary.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Dewan Komisaris baik secara langsung atau melalui komite-komite            The Board of Commissioners, either directly or through committees,
senantiasa mengawasi dan mengarahkan kebijakan dan efektivitas penerapan   always supervises and directs the policies and effectiveness of governance
tata kelola serta memberikan masukan dan perbaikan jika diperlukan.        implementation and provides input and improvements if necessary.




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      Tata Kelola Perusahaan
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REKOMENDASI 1.3.7:                                                            RECOMMENDATION 1.3.7:

Dewan Komisaris memantau dan mengarahkan agar korporasi menerapkan            The Board of Commissioners monitors and directs the corporation to
manajemen risiko dan sistem pengendalian internal yang tepat dan efektif      implement appropriate and effective risk management and internal
yang selaras dengan tujuan, sasaran, dan strategi korporasi serta mematuhi    control systems that are aligned with the corporate goals, objectives, and
peraturan perundang-undangan, kode perilaku, dan standar yang berlaku.        strategies, as well as complying with applicable laws and regulations, codes
                                                                              of conduct, and standards.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Dewan Komisaris baik secara langsung atau melalui komite-komite               The Board of Commissioners, either directly or through committees, always
senantiasa mengawasi dan mengarahkan kebijakan dan efektivitas                supervises and directs the policies and effectiveness of risk management
manajemen risiko dan SPI yang dilakukan oleh manajemen.                       and internal control systems carried out by management.

REKOMENDASI 1.3.8:                                                            RECOMMENDATION 1.3.8:

Dewan Komisaris mengawasi dan mengarahkan agar tercapai integritas            The Board of Commissioners supervises and directs the integrity of the
akuntansi dan sistem pelaporan keuangan korporat, serta independensi          corporate accounting and financial reporting system, as well as the
fungsi audit internal dan eksternal.                                          independence of internal and external audit functions.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Dewan Komisaris senantiasa memastikan integritas akuntansi dan sistem         The Board of Commissioners always ensures the integrity of the accounting
pelaporan keuangan serta independensi fungsi audit internal dan eksternal     and financial reporting systems as well as the independence of internal and
yang tercermin melalui pembahasan Komite Audit dan SKAI & Anti Fraud          external audit functions, which are reflected through the discussions on
di Laporan Tahunan ini.                                                       Audit Committee and SKAI & Anti-Fraud in this Annual Report.

REKOMENDASI 1.3.9:                                                            RECOMMENDATION 1.3.9:

Dewan Komisaris memantau, mereviu, dan menyetujui Laporan Tahunan             The Board of Commissioners monitors, reviews, and approves the Annual
dan Laporan Keberlanjutan korporasi serta memastikan integritasnya, serta     Report and Sustainability Report of the corporation, ensures their integrity,
mengawasi proses pengungkapan dan pengkomunikasian korporasi.                 and oversees the corporation's disclosure and communication process.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Penyusunan Laporan Tahunan dan Laporan Keberlanjutan dipantau dan             The preparation of the Annual Report and Sustainability Report is
disetujui oleh Dewan Komisaris.                                               monitored and approved by the Board of Commissioners.

REKOMENDASI 1.3.10:                                                           RECOMMENDATION 1.3.10:

Piagam Dewan Komisaris secara periodik ditinjau.                              The Board of Commissioners Charter is periodically reviewed.

STATUS DAN PENERAPAN:                                                         STATUS AND IMPLEMENTATION:

Terpenuhi                                                                     Complied
BOC Charter dikaji secara berkala dan telah diperbarui pada tanggal           The BOC Charter is periodically reviewed, was lastly updated on
10 Maret 2023 serta diunggah ke situs web Bank (www.victoriabank.co.id).      10 March 2023, and is already uploaded to the Bank’s website
                                                                              (www.victoriabank.co.id).

REKOMENDASI 1.3.11:                                                           RECOMMENDATION 1.3.11:

Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota          The Board of Commissioners has a policy on resignation of members of the
Dewan Komisaris apabila terlibat dalam kejahatan keuangan dan terbukti        Board of Commissioners if involved in a financial crime and are proven to
melakukan kesalahan.                                                          have made a mistake.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Kebijakan terkait pengunduran diri anggota Dewan Komisaris apabila            The policy related to the resignation of members of the Board of
terlibat dalam kejahatan keuangan dan terbukti melakukan kesalahan            Commissioners if involved in financial crimes and proven wrongdoing are
dituangkan dalam BOC Charter terkait Keanggotaan Dewan Komisaris.             outlined in the BOC Charter related to the Membership of the Board of
                                                                              Commissioners.

REKOMENDASI 1.3.12:                                                           RECOMMENDATION 1.3.12:

Komisaris independen sangat diharapkan untuk dapat berkontribusi              Independent commissioners are highly expected to be able to contribute
dalam diskusi yang jujur, objektif, aktif, dan konstruktif pada rapat Dewan   to honest, objective, active, and constructive discussions at the Board of
Komisaris.                                                                    Commissioners’ meetings.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Seluruh Komisaris Independen Bank memiliki rekam jejak yang kredibel dan      All of the Bank’s Independent Commissioners have credible track records
dapat berkontribusi dalam kemajuan Bank.                                      and can contribute to the Bank’s progress.




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REKOMENDASI 1.3.13:                                                          RECOMMENDATION 1.3.13:

Komisaris Utama berperan sebagai koordinator Dewan Komisaris dan             The President Commissioner acts as the coordinator of the Board of
memastikan efektivitasnya. Komisaris Utama mendorong budaya                  Commissioners and ensures its effectiveness. The President Commissioner
keterbukaan dan dialog konstruktif yang memungkinkan berbagai pandangan      promotes a culture of transparency and constructive dialogue that allows
diungkapkan, termasuk mengoordinasi penetapan agenda rapat dewan yang        a variety of views to be expressed, including coordinating the setting of
tepat dan memastikan waktu yang cukup tersedia untuk mendiskusikan           appropriate board meeting agenda and ensuring sufficient time is available
semua agenda. Selain itu, juga harus ada kesempatan bagi Dewan Komisaris     to discuss all agenda items. In addition, there should be opportunities for
untuk bertemu dengan jajaran Direksi dan Manajemen Senior.                   the Board of Commissioners to meet with the Board of Directors and Senior
                                                                             Management.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Komisaris Utama Independen Bank memiliki tugas dan tanggung jawab            The Bank’s Independent President Commissioner has duties and
di antaranya mengoordinasikan pelaksanaan tugas dan memberikan               responsibilities including coordinating the implementation of duties,
pengarahan kepada anggota Dewan Komisaris serta memberikan usulan            providing directions to the Board of Commissioners’ members, and
untuk mengadakan rapat. Selain itu, rapat gabungan Dewan Komisaris dan       providing suggestions to conduct meetings. In addition, joint meetings of
Direksi dilaksanakan secara berkala.                                         the Board of Commissioners and Board of Directors are held regularly.

                                                Rekomendasi 1.4: Pembentukan Komite.
                                           Recommendation 1.4: Establishment of a Committee.
REKOMENDASI 1.4.1:                                                           RECOMMENDATION 1.4.1:

Korporasi memiliki komite-komite di bawah Dewan Komisaris sekurang-          The Corporation has committees under the Board of Commissioners,
kurangnya terdiri dari: Komite Audit, Komite Nominasi dan Remunerasi, dan    consisting of at least: Audit Committee, Nomination and Remuneration
Komite Pemantau Manajemen Risiko.                                            Committee, and Risk Management Monitoring Committee.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Komite-komite di tingkat Dewan Komisaris terdiri dari Komite Pemantau        Committees under the Board of Commissioners consist of the Risk
Risiko, Komite Nominasi dan Remunerasi, serta Komite Audit.                  Monitoring Committee, Nomination and Remuneration Committee, and
                                                                             Audit Committee.

REKOMENDASI 1.4.2:                                                           RECOMMENDATION 1.4.2:

Dewan Komisaris memastikan bahwa anggota Komite Audit seluruhnya             The Board of Commissioners ensures that all Audit Committee’s members
independen dan komite lain yang dibentuk Dewan Komisaris adalah              are independent, and majority of members of other committees established
mayoritas dari pihak independen, serta semua anggota komite memiliki         by the Board of Commissioners are independent parties, and that all
kompetensi, berkomitmen, serta memiliki wewenang yang memadai untuk          committee members are competent, committed, and have sufficient
menjalankan perannya secara efektif dan independen.                          authority to perform their roles in an effective and independent manner.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Anggota Komite Audit Bank seluruhnya merupakan Komisaris Independen          All members of the Bank’s Audit Committee are Independent Commissioners
dan pihak independen. Komposisi anggota komite lainnya juga mayoritas        and independent parties. The majority of other committees’ members
merupakan Komisaris Independen dan pihak independen. Hal ini                 are also Independent Commissioners and independent parties. This is
disampaikan lebih detail dalam pembahasan Komite Audit dan komite            presented in more detail in the discussion of Audit Committee and other
lainnya masing-masing secara terpisah pada Laporan Tahunan ini.              committees, each separately in this Annual Report.

REKOMENDASI 1.4.3:                                                           RECOMMENDATION 1.4.3:

Untuk memastikan pemantauan atas pelaksanaan tugas Komite Audit              To ensure objective and independent monitoring on the implementation
berjalan objektif dan independen, Komisaris Utama tidak boleh menjadi        of Audit Committee's duties, the President Commissioner is not allowed to
ketua Komite Audit, kecuali dalam keadaan luar biasa yang harus dijelaskan   be the chairman of Audit Committee, except in exceptional circumstances
dalam Laporan Tahunan.                                                       which must be explained in the Annual Report.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Penjelasan                                                                   Explanation
Ketua Komite Audit dijabat oleh Zaenal Abidin, Ph.D yang merupakan           The Chairman of Audit Committee is held by Zaenal Abidin, Ph.D,
Komisaris Utama. Meski demikian, Zaenal Abidin, Ph.D merupakan               the President Commissioner. Nevertheless, Zaenal Abidin, Ph.D, is an
Komisaris Utama Independen dan Bank menjamin independensinya dalam           Independent President Commissioner and the Bank guarantees his
melaksanakan tugas dan tanggung jawabnya sebagai Ketua Komite Audit.         independence in performing his duties and responsibilities as the Chairman
                                                                             of Audit Committee.




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                            Rekomendasi 1.5: Penilaian Kinerja – Dewan Komisaris dan Anggotanya.
                     Recommendation 1.5: Performance Assessment – Board of Commissioners and its Members.
REKOMENDASI 1.5.1:                                                            RECOMMENDATION 1.5.1:

Dewan Komisaris melakukan evaluasi formal tahunan secara objektif untuk       The Board of Commissioners conducts an annual formal evaluation
menentukan efektivitas Dewan, komitenya, dan setiap individu Komisaris.       objectively to determine the effectiveness of the Board, its committees,
                                                                              and each individual Commissioner.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Pelaksanaan penilaian kinerja Dewan Komisaris dan komitenya dilakukan         The performance assessment of the Board of Commissioners and its
setiap tahun (minimum setahun sekali). Penilaian kinerja Dewan Komisaris      committees is carried out every year (at least once a year). The performance
dan komitenya menggunakan beberapa kriteria sebagaimana yang tertuang         assessment of the Board of Commissioners and its committees uses several
dalam Laporan Tahunan ini.                                                    criteria as stated in this Annual Report.

                                                  Rekomendasi 1.6: Benturan Kepentingan.
                                                  Recommendation 1.6: Conflict of Interest.
REKOMENDASI 1.6.1:                                                            RECOMMENDATION 1.6.1:

Anggota Direksi yang mempunyai rangkap jabatan di luar korporasi, harus       Members of the Board of Directors with concurrent positions outside the
mendapatkan persetujuan dari Dewan Komisaris. Seorang Komisaris               corporation must obtain approval from the Board of Commissioners. A
memberi tahu Dewan Komisaris dan ketua komite yang menjalankan fungsi         Commissioner shall notify the Board of Commissioners and the chairman
nominasi, sebelum menerima penunjukan baru sebagai Direktur atau              of committee performing nominating function, prior to accepting a new
Komisaris dari korporasi terbuka, jabatan Direktur lainnya atau posisi lain   appointment as Director or Commissioner of a publicly listed corporation,
dengan komitmen waktu yang signifikan.                                        other Director positions, or other positions with a significant time
                                                                              commitment.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Tidak ada anggota Direksi Bank yang mempunyai rangkap jabatan di luar         There are no members of the Bank’s Board of Directors with concurrent
Bank Victoria. Anggota Dewan Komisaris yang menerima penunjukan dari          positions outside Bank Victoria. Members of the Board of Commissioners
perusahaan terbuka lain wajib menyampaikan informasi tersebut kepada          who receive appointments from other public companies must convey this
Dewan Komisaris dan/atau Komite Nominasi dan Remunerasi.                      information to the Board of Commissioners and/or the Nomination and
                                                                              Remuneration Committee.

REKOMENDASI 1.6.2:                                                            RECOMMENDATION 1.6.2:

Dewan Komisaris memantau dan mengelola potensi benturan kepentingan           The Board of Commissioners monitors and manages potential conflicts of
manajemen, anggota Direksi, Dewan Komisaris dan Pemegang Saham,               interest within the management, members of the Board of Directors, Board
termasuk penyalahgunaan aset korporasi dan penyalahgunaan dalam               of Commissioners, and Shareholders, including misuse of corporate assets
transaksi pihak berelasi. Komisaris yang memiliki benturan kepentingan        and misuse of related party transactions. Commissioners with conflicts of
tidak turut serta dalam pemantauan dan pengambilan keputusan atas             interest shall not participate in monitoring and making decisions on matters
potensi benturan kepentingan yang melibatkan Komisaris atau afiliasi          containing potential conflicts of interest involving the Commissioners or
Komisaris yang bersangkutan.                                                  affiliates of the Commissioner concerned.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Dewan Komisaris telah memantau dan mengelola potensi benturan                 The Board of Commissioners has monitored and managed potential
kepentingan Bank. Dalam pelaksanaan tugas dan tanggung jawabnya, seluruh      conflicts of interest within the Bank. In performing their duties and
anggota Dewan Komisaris berkomitmen untuk menghindari terjadinya potensi      responsibilities, all members of the Board of Commissioners are committed
benturan kepentingan atau selalu menempatkan diri untuk tidak berada dalam    to avoiding potential conflicts of interest or always position themselves not
potensi terjadinya benturan kepentingan dalam situasi apapun sebagaimana      to be involved in any situation containing potential conflicts of interest as
tercantum dalam BOC Charter. Dalam hal terjadi benturan kepentingan,          stated in the BOC Charter. In the event of a conflict of interest, members
anggota Dewan Komisaris dilarang mengambil tindakan yang dapat merugikan      of the Board of Commissioners are prohibited from taking actions that may
atau mengurangi keuntungan Bank dan wajib mengungkapkan potensi               harm or reduce the Bank’s profits and must disclose the potential conflict
benturan kepentingan dimaksud dalam setiap keputusan.                         of interest referred to in every decision.

                    Rekomendasi 1.7: Peningkatan Kompetensi Anggota Direksi dan Dewan Komisaris.
      Recommendation 1.7: Competency Improvement of Members of the Board of Directors and Board of Commissioners.
REKOMENDASI 1.7.1:                                                            RECOMMENDATION 1.7.1:

Dewan Komisaris memastikan bahwa anggota Direksi dan Dewan                    The Board of Commissioners ensures that members of the Board of Directors
Komisaris memahami peran dan tanggung jawab mereka, karakteristik             and Board of Commissioners understand their roles and responsibilities,
dan operasi korporasi, peraturan perundang-undangan dan standar yang          characteristics and operations of the corporation, relevant laws and
relevan serta kewajiban lain yang berlaku. Direksi melalui Sekretaris         regulations, and other applicable standards and obligations. The Board of
Korporasi mendukung semua anggota Direksi dan Dewan Komisaris dalam           Directors, through the Corporate Secretary, supports all members of the
memperbarui dan menyegarkan keterampilan dan pengetahuan mereka               Board of Directors and Board of Commissioners in updating and refreshing
yang diperlukan untuk menjalankan peran mereka di Dewan.                      the required skills and knowledge to perform their roles on the Board.




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STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Dewan Komisaris dan Direksi telah mengikuti pendidikan dan pelatihan dengan       The Board of Commissioners and Board of Directors have attended education
tujuan untuk meningkatkan kemampuan strategis, menambah pengetahuan               and training programs with the aim of enhancing strategic capabilities,
bisnis, meningkatkan kepemimpinan, mengembangkan keterampilan baru,               adding business knowledge, enhancing leadership, developing new skills, and
serta meningkatkan dan menjaga kualitas layanan perbankan yang dimiliki.          improving as well as maintaining the quality of banking services. Details of
Adapun rincian pendidikan dan pelatihan yang diikuti Dewan Komisaris dan          education and training programs attended by the Board of Commissioners
Direksi telah tertuang dalam Laporan Tahunan ini.                                 and Board of Directors are presented in this Annual Report.


Prinsip 2: Komposisi dan Remunerasi Direksi dan Dewan Komisaris
Principle 2: Composition and Remuneration of the Board of Directors and Board of Commissioners

                                    Rekomendasi 2.1: Komposisi Direksi dan Dewan Komisaris.
                       Recommendation 2.1: Composition of the Board of Directors and Board of Commissioners.
REKOMENDASI 2.1.1:                                                                RECOMMENDATION 2.1.1:

Dalam menentukan kandidat calon Direktur, Dewan Komisaris melalui                 In determining Director candidates, the Board of Commissioners, through
Komite Nominasi dan Remunerasi tidak hanya mengandalkan rekomendasi               the Nomination and Remuneration Committee, does not rely solely on
dari Dewan Komisaris, manajemen atau Pemegang Saham mayoritas. Dewan              recommendations from the Board of Commissioners, management,
Komisaris melalui Komite Nominasi dan Remunerasi dapat menggunakan                or majority shareholders. The Board of Commissioners, through the
sumber independen untuk menentukan kandidat yang memenuhi syarat.                 Nomination and Remuneration Committee, may use independent sources
                                                                                  to determine qualified candidates.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Penjelasan                                                                        Complied
Saat ini, Bank belum menggunakan jasa pihak ketiga yang independen dalam          Currently, the Bank has not used the services of an independent third
proses seleksi kandidat Dewan Komisaris. Meskipun demikian, Bank senantiasa       party in the selection process of Board of Commissioners candidates.
memastikan penentuan kandidat calon Dewan Komisaris dan Direksi sesuai            Nevertheless, the Bank always ensures that the selection of candidates for
dengan aturan yang berlaku dan kualifikasi yang dibutuhkan oleh Bank.             the Board of Commissioners and Board of Directors is in accordance with
                                                                                  applicable regulations and the qualifications required by the Bank.

REKOMENDASI 2.1.2:                                                                RECOMMENDATION 2.1.2:

Dewan Komisaris memastikan bahwa kriteria dalam menyeleksi anggota                The Board of Commissioners ensures that the criteria for selecting members
Direksi mencakup paling tidak pengetahuan, kemampuan, dan keahlian                of the Board of Directors include at least the required knowledge, abilities,
yang dibutuhkan untuk memenuhi secara tepat peran Direksi serta                   and expertise to properly meet the role of the Board of Directors and pay
memperhatikan terpenuhinya keberagaman Direksi.                                   attention to the fulfillment of the Board of Directors’ diversity.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Dewan Komisaris melalui Komite Nominasi dan Remunerasi memastikan                 The Board of Commissioners, through the Nomination and Remuneration
minimum kriteria yang harus dimiliki oleh calon anggota Dewan Komisaris           Committee, ensures the minimum criteria that must be possessed by
dan Direksi Bank baik dari sisi integritas, kompetensi, reputasi, independensi,   candidates of the Bank’s Board of Commissioners and Board of Directors in
atau kriteria khusus lainnya sesuai bidang Direktur.                              terms of integrity, competence, reputation, independence, or other special
                                                                                  criteria according to the respective field of each Director.

REKOMENDASI 2.1.3:                                                                RECOMMENDATION 2.1.3:

Kebijakan korporasi tentang keberagaman pada, Direksi dan Dewan The corporate policy on diversity in the Board of Directors and Board of
Komisaris diungkapkan dalam Laporan Tahunan.                    Commissioners is disclosed in the Annual Report.

STATUS DAN PENERAPAN:                                                             STATUS AND IMPLEMENTATION:

Terpenuhi                                                         Complied
Kebijakan keberagaman komposisi Dewan Komisaris dan Direksi telah The diversity policy of the composition of the Board of Commissioners and
diungkapkan pada Laporan Tahunan ini.                             Board of Directors has been disclosed in this Annual Report.

REKOMENDASI 2.1.4:                                                                RECOMMENDATION 2.1.4:

Dewan Komisaris memastikan bahwa kebijakan dan prosedur untuk                     The Board of Commissioners ensures that the policies and procedures for
seleksi dan nominasi Komisaris adalah jelas dan transparan sehingga               the selection and nomination of Commissioners are clear and transparent so
dapat menghasilkan komposisi Dewan yang diinginkan. Dewan Komisaris               as to produce the desired Board composition. The Board of Commissioners
menggunakan sumber independen untuk menentukan kandidat yang                      uses independent sources to determine qualified candidates.
memenuhi syarat.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Dewan Komisaris dan Komite Nominasi dan Remunerasi telah melakukan fungsi         The Board of Commissioners and the Nomination and Remuneration
dan tanggung jawabnya dalam memastikan proses nominasi dan remunerasi di          Committee have performed their functions and responsibilities in ensuring
Bank berjalan dengan benar dan transparan demi kepentingan Bank.                  that the nomination and remuneration process at the Bank runs properly
                                                                                  and transparently in the interests of the Bank.




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REKOMENDASI 2.1.5:                                                          RECOMMENDATION 2.1.5:

Dewan Komisaris/Komite yang menjalankan fungsi nominasi menetapkan          The Board of Commissioners/Committee that performs the nomination
prosedur dan kriteria nominasi yang konsisten dengan matriks keahlian       function establishes nomination procedures and criteria, which are
Dewan Komisaris yang telah disetujui Dewan Komisaris dan memastikan         consistent with the Board of Commissioners' expertise matrix, which has
bahwa profil kandidat memenuhi persyaratan yang ditetapkan dalam            been approved by the Board of Commissioners, and ensures that the
matriks keahlian dan kriteria nominasi.                                     candidate profile meets the established requirements in the expertise
                                                                            matrix and nomination criteria.

STATUS DAN KETERANGAN:                                                      STATUS AND DESCRIPTION:

Terpenuhi                                                                   Complied
Komite Nominasi dan Remunerasi menjalankan fungsi nominasi berdasarkan      The Nomination and Remuneration Committee carries out the nomination
prosedur dan kriteria nominasi yang tertuang dalam Kebijakan Nominasi       function based on the nomination procedures and criteria set out in the
No. 003/SK-KOM/09/18 tanggal 20 September 2018 dan disetujui oleh           Nomination Policy No. 003/SK-KOM/09/18 dated 20 September 2018 and
Dewan Komisaris.                                                            approved by the Board of Commissioners.

REKOMENDASI 2.1.6:                                                          RECOMMENDATION 2.1.6:

Komposisi Dewan Komisaris harus dibentuk sedemikian rupa sehingga           The Board of Commissioners’ composition must be formed in such a way
anggota-anggotanya secara kelompok mencerminkan keberagaman dalam           that its members as a group reflect the diversity in terms of abilities, skills,
hal kemampuan, keahlian, pengetahuan, pengalaman, usia, latar belakang      knowledge, experience, age, cultural background, and gender required to
budaya, dan gender yang dibutuhkan untuk memenuhi secara tepat peran        properly fulfill the roles of the Board of Commissioners.
Dewan Komisaris.

STATUS DAN PENERAPAN:                                                       STATUS AND IMPLEMENTATION:

Terpenuhi                                                         Complied
Komposisi anggota Dewan Komisaris telah memperhatikan keberagaman The composition of the Board of Commissioners has taken into account the
keahlian, pengetahuan dan pengalaman yang dibutuhkan oleh Bank.   diversity of expertise, knowledge and experience required by the Bank.

REKOMENDASI 2.1.7:                                                          RECOMMENDATION 2.1.7:

Untuk memampukan Dewan Komisaris dalam memberikan advis dan                 To enable the Board of Commissioners to provide independent advice and
supervisi secara independen kepada Direksi dan untuk peran-peran yang       supervision to the Board of Directors and for roles with potential conflicts
terdapat potensi benturan kepentingan, Dewan Komisaris terdiri dari         of interest, the Board of Commissioners shall consist of a sufficient number
Komisaris Independen yang cukup jumlahnya, dengan masa jabatan yang         of Independent Commissioners, with a limited term of office and disclosure
dibatasi dan terdapat pengungkapan jangka waktu keanggotaan Dewan           of the term of office of the Board of Commissioners and their independence
Komisaris serta independensi mereka dari sudut pandang korporasi.           from a corporate perspective.

STATUS DAN KETERANGAN:                                                      STATUS AND DESCRIPTION:

Terpenuhi                                                                   Complied
Pelaksanaan tugas Dewan Komisaris termasuk komposisi, masa jabatan,         The implementation of the Board of Commissioners’ duties, including
independensi, kehadiran rapat dan pelatihan di sepanjang tahun              composition, term of office, independence, meeting attendance, and
disampaikan secara detail pada Laporan Tahunan ini.                         training throughout the year is presented in detail in this Annual Report.

REKOMENDASI 2.1.8:                                                          RECOMMENDATION 2.1.8:

Untuk memfasilitasi fungsi Direksi dan Dewan Komisaris yang efektif dan     To facilitate effective function of the Board of Directors and Board of
guna meningkatkan kepercayaan investor dan pemangku kepentingan,            Commissioners and to increase investors and stakeholders trust, the
Komite Nominasi dan Remunerasi memastikan bahwa terdapat proses yang        Nomination and Remuneration Committee ensures that there is a formal,
formal, ketat, dan transparan untuk penunjukan dan pengangkatan anggota     rigorous, and transparent process for the selection and appointment of
Direksi dan Dewan Komisaris.                                                members of the Board of Directors and Board of Commissioners.

STATUS DAN KETERANGAN:                                                      STATUS AND DESCRIPTION:

Terpenuhi                                                                   Complied
Komite Nominasi dan Remunerasi juga telah melakukan fungsi dan              The Nomination and Remuneration Committee has also performed
tanggung jawabnya dalam memastikan proses nominasi dan remunerasi di        its functions and responsibilities in ensuring that the nomination and
Bank berjalan dengan benar dan transparan demi kepentingan Bank. Hal ini    remuneration process at the Bank runs properly and transparently in the
bisa dilihat pada pembahasan di Laporan Tahunan ini.                        interests of the Bank. This matter can be seen in the discussion in this
                                                                            Annual Report.

                                 Rekomendasi 2.2: Remunerasi Direksi dan Dewan Komisaris.
                    Recommendation 2.2: Remuneration of the Board of Directors and Board of Commissioners.
REKOMENDASI 2.2.1:                                                          RECOMMENDATION 2.2.1:

Kebijakan remunerasi anggota Direksi terdiri atas struktur remunerasi       The remuneration policy for the Board of Directors’ members consists of
yang berorientasi pada pengembangan korporasi yang berkelanjutan dan        a remuneration structure that is oriented towards sustainable corporate
mendorong pencapaian tujuan jangka panjang. Remunerasi Direksi harus        development and encourages the achievement of long-term goals. The
diusulkan, dapat dengan melalui Komite Nominasi dan Remunerasi, oleh        Board of Directors' remuneration must be proposed, possibly through the
Dewan Komisaris untuk diputuskan oleh RUPS. Jumlah remunerasi yang          Nomination and Remuneration Committee, by the Board of Commissioners
diusulkan kepada RUPS tersebut ditetapkan dengan mempertimbangkan           to be resolved by the GMS. The remuneration amount proposed to the
peran setiap anggota Direksi dan situasi ekonomi serta kinerja korporasi.   GMS is determined by considering the role of each member of the Board of
                                                                            Directors, the economic situation, and the corporate performance.




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STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Bank memiliki dan menjalankan kebijakan remunerasi berbasiskan risiko sesuai   The Bank has and implements a risk-based remuneration policy in accordance
Keputusan Dewan Komisaris No. 003/SK-KOM/09/18 tanggal 20 September            with the Decision of the Board of Commissioners No. 003/SK-KOM/09/18
2018. Kebijakan remunerasi Bank disusun dengan mengedepankan sistem            dated 20 September 2018. The Bank’s remuneration policy is prepared by
remunerasi yang kompetitif, adil dan seimbang, berdasarkan peraturan           prioritizing a competitive, fair and balanced remuneration system, based on
perundang-undangan yang berlaku dan dikaji ulang secara berkala.               applicable laws and regulations and is reviewed periodically.

REKOMENDASI 2.2.2:                                                             RECOMMENDATION 2.2.2:

Kebijakan remunerasi anggota Dewan Komisaris terdiri atas struktur             The remuneration policy for the Board of Commissioners’ members consists
remunerasi yang berorientasi pada pengembangan korporasi yang                  of a remuneration structure that is oriented towards sustainable corporate
berkelanjutan dan mendorong pencapaian tujuan jangka panjang. Jumlah           development and encourages the achievement of long-term goals. The
remunerasi yang diusulkan Dewan Komisaris kepada RUPS tersebut                 remuneration amount proposed by the Board of Commissioners to the
ditetapkan dengan mempertimbangkan peran setiap anggota Dewan                  GMS is determined by considering the role of each member of the Board of
Komisaris dan situasi ekonomi serta kinerja korporasi. Di samping itu juga     Commissioners, the economic situation, and the corporate performance. In
harus dipertimbangkan posisinya sebagai Komisaris Utama dan ketua serta        addition, it must also consider his/her position as President Commissioner
keanggotaannya dalam komite-komite.                                            and chairman as well as membership in committees.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Bank menyusun struktur, kebijakan, dan besaran remunerasi masing-masing        The Bank prepares the structure, policies, and remuneration amount for each
anggota Dewan Komisaris dengan memperhatikan tugas, wewenang, kinerja,         member of the Board of Commissioners by considering duties, authorities,
dan tanggung jawab Dewan Komisaris. Bank juga memperhatikan remunerasi         performance, and responsibilities of the Board of Commissioners. The Bank
yang berlaku di industri sejenis (peers group) dan kemampuan Bank.             also pays attention to the remuneration that applies in similar industries
                                                                               (peer groups) as well as the Bank’s capabilities.

REKOMENDASI 2.2.3:                                                             RECOMMENDATION 2.2.3:

Untuk memastikan bahwa paket remunerasi ditentukan berdasarkan                 To ensure that the remuneration package is determined based on the
prestasi, kualifikasi, dan kompetensi Direktur dan Komisaris dengan            achievements, qualifications, and competencies of the Directors and
memperhatikan kinerja operasi korporasi, kinerja individu dan kondisi pasar,   Commissioners by considering the corporate operational performance,
Komite Nominasi dan Remunerasi memastikan bahwa terdapat prosedur              individual performance, and market conditions, the Nomination and
yang adil dan transparan untuk menetapkan kebijakan remunerasi anggota         Remuneration Committee ensures that there are fair and transparent
Direksi dan Dewan Komisaris.                                                   procedures for establishing remuneration policies for members of the Board
                                                                               of Directors and Board of Commissioners.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Komite Nominasi dan Remunerasi melakukan pembahasan atas remunerasi            The Nomination and Remuneration Committee discusses the remuneration
Dewan Komisaris dengan mempertimbangkan skala usaha, kompleksitas              for the Board of Commissioners by considering the business scale, business
usaha, peer group, tingkat inflasi, kondisi dan kemampuan keuangan Bank,       complexity, peer group, inflation rate, financial condition and capability
dan sesuai dengan peraturan yang berlaku. Selanjutnya, remunerasi Dewan        of the Bank, and in accordance with applicable regulations. Furthermore,
Komisaris dan Direksi ditetapkan oleh RUPS.                                    the remuneration for the Board of Commissioners and Board of Directors is
                                                                               determined by the GMS.



Prinsip 3: Hubungan Kerja antara Direksi dan Dewan Komisaris
Principle 3: Working Relationship between the Board of Directors and Board of Commissioners

                                                 Rekomendasi 3.1: Sifat Hubungan Kerja.
                                            Recommendation 3.1: Nature of Working Relationship.
REKOMENDASI 3.1.1:                                                             RECOMMENDATION 3.1.1:

Terdapat diskusi yang terbuka antara Direksi dengan Dewan Komisaris serta      There are open discussions between the Board of Directors and the Board
di antara para anggota Direksi dan para anggota Dewan Komisaris. Namun,        of Commissioners as well as among members of the Board of Directors and
tetap penting menjaga kerahasiaan informasi agar tidak terjadi kebocoran       members of the Board of Commissioners. However, it remains important to
informasi rahasia.                                                             maintain the confidentiality of information to avoid leakage of confidential
                                                                               information.

STATUS DAN KETERANGAN:                                                         STATUS AND DESCRIPTION:

Terpenuhi                                                                      Complied
Diskusi Dewan Komisaris dan Direksi dapat dilakukan melalui rapat Dewan        Discussion between the Board of Commissioners and the Board of Directors
Komisaris bersama dengan Direksi.                                              can be conducted through a joint Board of Commissioners meeting with
                                                                               the Board of Directors.

REKOMENDASI 3.1.2:                                                             RECOMMENDATION 3.1.2:

Sesuai dengan tugas dan perannya masing-masing, Direksi bekerja sama           In accordance with their respective duties and roles, members of the
dengan Dewan Komisaris dalam merumuskan misi, visi dan strategi                Board of Directors cooperate with those of the Board of Commissioners
korporasi dan secara reguler membahas pengimplementasiannya.                   in formulating corporate missions, visions, and strategies, and regularly
                                                                               discuss their implementation.




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      Tata Kelola Perusahaan
      Good Corporate Governance




STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Setiap tahun, strategi dan kebijakan Bank dalam jangka pendek dan            Every year, the Bank’s strategy and policies in the short and medium-term
menengah disusun dalam bentuk Rencana Bisnis Bank (RBB) sesuai dengan        are prepared in the form of a Bank Business Plan (RBB) in accordance with
Visi dan Misi yang telah ditetapkan. Secara berkala, Direksi bersama Dewan   the established Vision and Mission. Periodically, the Board of Directors,
Komisaris beserta jajaran manajemen senior Bank melakukan evaluasi           together with the Board of Commissioners along with the Bank’s senior
berkala terhadap strategi dan kebijakan Bank serta implementasinya di        management, evaluates the Bank’s strategy and policies and their
seluruh level organisasi.                                                    implementation at all levels of the organization.

REKOMENDASI 3.1.3:                                                           RECOMMENDATION 3.1.3:

Sekretaris Korporasi memiliki peran penting dalam mendukung efektivitas      The Corporate Secretary has a crucial role in supporting the effectiveness
hubungan kerja antara Direksi dengan Dewan Komisaris, mendorong              of working relationship between the Board of Directors and the Board
implementasi praktik governansi korporat yang baik, termasuk komunikasi      of Commissioners, encouraging the implementation of good corporate
yang efektif dengan Pemegang Saham dan pemangku kepentingan lainnya.         governance practices, including effective communication with Shareholders
                                                                             and other stakeholders.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Bank menunjuk Caprie Ardira Azhar sebagai Kepala Divisi Corporate            The Bank appointed Caprie Ardira Azhar as Head of Corporate
Secretary berdasarkan Keputusan Direksi No. 012/SK-DIR/HCM/01/21             Secretary Division based on Board of Directors’ Decision Letter
tanggal 11 Januari 2021. Corporate Secretary Bank bertanggung jawab          No. 012/SK-DIR/HCM/01/21 dated 11 January 2021. The Bank’s Corporate
untuk memelihara citra Bank dan melindungi kepentingan Bank dengan           Secretary is responsible for maintaining the Bank’s image and protecting
membangun komunikasi dan hubungan baik dengan semua pihak serta              the Bank’s interests by establishing good communication and relations
sebagai penghubung antara Bank dengan Pemegang Saham dan pemangku            with all parties and being a liaison between the Bank and Shareholders and
kepentingan lainnya.                                                         other stakeholders.

                                      Rekomendasi 3.2: Akses informasi Dewan Komisaris.
                             Recommendation 3.2: Access to Information for the Board of Commissioners.
REKOMENDASI 3.2.1:                                                           RECOMMENDATION 3.2.1:

Direksi bertanggung jawab untuk memastikan Dewan Komisaris                   The Board of Directors is responsible for ensuring that the Board of
mendapatkan akses informasi yang akurat, relevan, dan tepat waktu.           Commissioners has access to accurate, relevant, and timely information.
Dewan Komisaris sendiri memastikan bahwa ia memperoleh informasi             The Board of Commissioners itself ensures that it obtains adequate
yang memadai. Direksi menyediakan informasi kepada Dewan Komisaris           information. The Board of Directors provides information to the Board
secara teratur, tanpa penundaan, dan secara komprehensif tentang semua       of Commissioners regularly, without delay, and comprehensively on all
masalah yang relevan dengan korporasi. Dewan Komisaris sewaktu-waktu         matters relevant to the corporation. The Board of Commissioners may at
dapat meminta Direksi untuk memberikan informasi tambahan.                   any time request additional information to the Board of Directors.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Dewan Komisaris dapat berinteraksi dengan Direksi baik secara langsung       The Board of Commissioners can interact with the Board of Directors both
maupun melalui rapat Dewan Komisaris bersama Direksi. Corporate Secretary    directly and through the joint meeting of the Board of Commissioners
juga membantu Direksi menyediakan akses informasi yang akurat, relevan       and Board of Directors. The Corporate Secretary also assists the Board of
dan tepat waktu kepada Dewan Komisaris serta mengadministrasikan,            Directors in providing access to accurate, relevant, and timely information
mendistribusikan dan menindaklanjuti surat masuk yang diterima Bank yang     to the Board of Commissioners as well as administers, distributes, and
ditujukan kepada Dewan Komisaris dan/atau Direksi.                           follows up incoming letters received by the Bank and addressed to the
                                                                             Board of Commissioners and/or Board of Directors.

                 Rekomendasi 3.3: Tanggung jawab Direksi dan Dewan Komisaris atas Dampak Struktur.
   Recommendation 3.3: Responsibilities of the Board of Directors and Board of Commissioners on Impacts of the Structure.
REKOMENDASI 3.3.1:                                                           RECOMMENDATION 3.3.1:

Dampak struktur kepemilikan terhadap korporasi. Direksi dan Dewan            The impact of ownership structure on the corporation. The Board of
Komisaris mempertimbangkan tanggung jawabnya dalam konteks struktur          Directors and Board of Commissioners consider their responsibilities in the
kepemilikan saham dan hubungan antar-Pemegang Saham korporasi yang           context of shareholding structure and relationships between corporate
mungkin berdampak terhadap pengelolaan dan operasi korporasi.                Shareholders, which may have an impact on corporate management and
                                                                             operations.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Dewan Komisaris dan Direksi Bank memastikan bahwa struktur Pemegang          The Bank’s Board of Commissioners and Board of Directors ensure that the
Saham dan hubungan antar Pemegang Saham tidak memengaruhi                    Shareholder structure and relations between Shareholders do not affect
pelaksanaan peran dan tanggung jawab Dewan Komisaris dan Direksi Bank.       the implementation of roles and responsibilities of the Bank’s Board of
Seluruh keputusan dan kebijakan yang diambil Dewan Komisaris dan Direksi     Commissioners and Board of Directors. All decisions and policies made
Bank diambil secara independen dan transparan demi kepentingan Bank.         by the Bank’s Board of Commissioners and Board of Directors are taken
                                                                             independently and transparently for the benefit of the Bank.




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Prinsip 4: Perilaku Etis dan Bertanggung Jawab
Principle 4: Ethical and Responsible Conduct

                                               Rekomendasi 4.1: Pedoman Etika dan Perilaku.
                                                  Recommendation 4.1: Code of Conduct.
REKOMENDASI 4.1.1:                                                           RECOMMENDATION 4.1.1:

Pernyataan ini dituangkan dalam Pedoman Perilaku dan Etika Usaha             This statement is set out in the Code of Conduct and Business Ethics, which
yang harus secara jelas mengungkapkan harapan korporasi bahwa setiap         must clearly state the corporate expectation that each member of the
anggota Direksi dan Dewan Komisaris serta karyawan akan:                     Board of Directors and Board of Commissioners and employees will:
1. Bertindak untuk kepentingan terbaik korporasi;                            1. Act in the best interests of the corporation;
2. Bertindak dengan jujur dan dengan integritas berstandar tinggi;           2. Act honestly and with a high standard of integrity;
3. Bersikap independen dan bertindak berdasarkan informasi yang lengkap,     3. Be independent and act based on complete information, in good faith,
    dengan iktikad baik, dengan uji tuntas dan kehati-hatian;                    with due diligence and prudence;
4. Mematuhi peraturan perundang-undangan yang berlaku bagi korporasi         4. Comply with laws and regulations that apply to the corporation and its
    dan operasinya;                                                              operations;
5. Menghindari tindakan yang melanggar peraturan perundang-undangan          5. Avoid actions that violate laws and regulations or unethical actions
    atau tindakan yang tidak etis berdasarkan pedoman etika korporasi;           based on corporate ethics guidelines;
6. Tidak terlibat atau berpartisipasi dalam kegiatan apa pun yang akan       6. Not be involved or participate in any activity that will create a conflict
    menimbulkan benturan kepentingan dengan kepentingan terbaik                  of interest with the corporation’s best interests or have a negative
    korporasi atau yang akan berdampak negatif terhadap reputasi                 impact on the corporation’s reputation;
    korporasi;
7. Tidak mengambil manfaat atas properti atau informasi yang dimiliki        7. Not take advantage of property or information owned by the
    korporasi, kepemilikan aset lainnya atau pelanggannya untuk                 corporation, ownership of other assets or its customers, for personal
    kepentingan pribadi atau yang menyebabkan kerugian bagi korporasi           gain or which causes harm to the corporation and its customers;
    dan pelanggannya;
8. Tidak memanfaatkan jabatannya atau peluang yang dihasilkan oleh           8. Not take advantage of the position or opportunities generated by the
    jabatannya untuk kepentingan pribadi;                                       position for personal gain;
9. Menghindari perbuatan meminta atau menerima dari pihak ketiga             9. Avoid the act of requesting or receiving from third parties payments,
    pembayaran, gratifikasi atau keuntungan lain untuk dirinya sendiri          gratuities, or other benefits for oneself or for other people that will lead
    atau untuk orang lain yang menimbulkan benturan kepentingan/                to conflicts of interest / provide benefits to third parties by violating the
    memberikan keuntungan kepada pihak ketiga secara melanggar                  laws and regulations;
    peraturan perundang-undangan;
10. Menghormati perbedaan pendapat dan hak-hak setiap anggota Direksi,       10. Respect differences of opinion and the rights of each member of the
    Dewan Komisaris, dan karyawan; serta                                         Board of Directors, Board of Commissioners, and employees; and
11. Memastikan pengungkapan yang lengkap, adil, akurat, tepat waktu,         11. Ensure complete, fair, accurate, timely, and understandable disclosure
    dan dapat dipahami dalam laporan dan dokumen yang disampaikan                in reports and documents submitted by the corporation to regulators
    korporasi kepada regulator dan dalam komunikasi publik lainnya.              and in other public communications.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Bank memiliki Kode Etik dan kebijakan pencegahan korupsi yang tertuang       The Bank has a Code of Conduct and anti-corruption policy as stated in
dalam Keputusan Direksi No. 002/SK-DIR/08/20 tanggal 7 Agustus 2020          Board of Directors’ Decision Letter No. 002/SK-DIR/08/20 dated 7 August
tentang Kebijakan dan Standar Operasional Prosedur Penerapan Strategi        2020 on Policy and Standard Operating Procedure for Implementing Anti
Anti Fraud, yang wajib ditaati oleh seluruh insan Bank. Informasi lebih      Fraud Strategy, which must be adhered to by all Bank personnel. More
lengkap disampaikan dalam Laporan Tahunan ini.                               detailed information is presented in this Annual Report.

REKOMENDASI 4.1.2:                                                           RECOMMENDATION 4.1.2:

Direksi menetapkan kebijakan dan praktik anti pencucian uang dan             The Board of Directors establishes policies and practices for anti-money
pendanaan terorisme, anti suap, antikorupsi, anti kecurangan (anti fraud),   laundering and terrorism financing, anti-bribery, anti-corruption, anti
keterlibatan dalam politik dengan mengacu pada standar nasional atau         fraud, political involvement with reference to the national or international
internasional mengenai anti pencucian uang, anti suap, antikorupsi, anti     standards regarding anti-money laundering, anti-bribery, anti-corruption,
kecurangan, atau standar terkait lainnya.                                    anti-fraud, or other related standards.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Bank memiliki Kode Etik dan kebijakan pencegahan korupsi yang tertuang       The Bank has a Code of Conduct and anti-corruption policy as stated in
dalam Keputusan Direksi No. 002/SK-DIR/08/20 tanggal 7 Agustus 2020          Board of Directors’ Decision Letter No. 002/SK-DIR/08/20 dated 7 August
tentang Kebijakan dan Standar Operasional Prosedur Penerapan Strategi        2020 on Policy and Standard Operating Procedure for Implementing Anti
Anti Fraud, yang wajib ditaati oleh seluruh insan Bank. Informasi lebih      Fraud Strategy, which must be adhered to by all Bank personnel. More
lengkap disampaikan dalam Laporan Tahunan ini.                               detailed information is presented in this Annual Report.




                                                            2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                  285
Page 288
      Tata Kelola Perusahaan
      Good Corporate Governance




                                            Rekomendasi 4.2: Nilai–Nilai dan Budaya Organisasi.
                                            Recommendation 4.2: Corporate Values and Culture.
REKOMENDASI 4.2.1:                                                            RECOMMENDATION 4.2.1:

Korporasi mengartikulasikan, menumbuhkan, dan mengungkapkan budaya            The corporation articulates, fosters, and discloses corporate culture and
serta nilai-nilai korporasi.                                                  values.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Bank menerapkan Nilai Budaya Perusahaan yakni SQEW agar setiap insan          The Bank implements the Corporate Culture Values, namely SQEW, so that
Bank dapat menjalankan operasional Bank dengan baik dan mencegah              every Bank personnel can carry out the Bank’s operations properly and
terjadinya berbagai tindakan fraud, pelanggaran peraturan perundang-          prevent various acts of fraud, acts that violates laws and regulations, or
undangan atau tidak etis. Nilai Budaya Perusahaan telah diungkapkan           unethical actions. The Corporate Culture Values have been disclosed in this
dalam Laporan Tahunan ini.                                                    Annual Report.

                     Rekomendasi 4.3: Penegakan dan Komunikasi Pedoman Etika, Nilai-Nilai, dan Budaya.
               Recommendation 4.3: Enforcement and Communication of the Code of Conduct, Values, and Culture.
REKOMENDASI 4.3.1:                                                            RECOMMENDATION 4.3.1:

Pedoman perilaku dan kode etik korporasi dikomunikasikan secara efektif       The corporate code of conduct and code of ethics are communicated
kepada Direksi, Dewan Komisaris, serta seluruh karyawan, diintegrasikan ke    effectively to the Board of Directors, Board of Commissioners, and all
dalam strategi dan operasi korporasi termasuk sistem manajemen risiko         employees, integrated into corporate strategy and operations, including
dan struktur remunerasi, serta ditegakkan.                                    risk management system and remuneration structure, and being enforced.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Internalisasi Kode Etik dilakukan secara berkala melalui berbagai media       Internalization of the Code of Conduct is regularly carried out through
yang tersedia guna menumbuhkan kesadaran dan pemahaman untuk                  various available media to raise awareness and understanding to implement
menerapkan perilaku yang sesuai dengan nilai utama Bank. Informasi lebih      behavior that is in line with the Bank’s core values. More detailed
lengkap disampaikan dalam Laporan Tahunan ini.                                information is presented in this Annual Report.



Prinsip 5: Manajemen Risiko, Pengendalian Internal, dan Kepatuhan
Principle 5: Risk Management, Internal Control, and Compliance
                                          Rekomendasi 5.1: Pengendalian Internal dan Kepatuhan.
                                          Recommendation 5.1: Internal Control and Compliance.
REKOMENDASI 5.1.1:                                                            RECOMMENDATION 5.1.1:

Direksi melakukan reviu secara berkala atas ketepatan desain dan              The Board of Directors periodically reviews the accuracy of designs and
efektivitas operasional sistem governansi, pengelolaan risiko, pengendalian   operational effectiveness of the governance system, risk management,
internal dan kepatuhan korporasi dan melaporkan pelaksanaan dan hasil         internal control, and corporate compliance and reports the implementation
reviu kepada para Pemegang Saham melalui Laporan Tahunan Korporasi.           and review results to Shareholders through the Corporate Annual Report.

STATUS DAN KETERANGAN:                                                        STATUS AND DESCRIPTION:

Terpenuhi                                                                     Complied
Direksi telah melaksanakan SPI sesuai dengan prinsip-prinsip pengendalian     The Board of Directors has implemented internal control system in
dan evaluasi yang dilakukan Bank secara keseluruhan memperlihatkan            accordance with the overall principles of control and evaluation performed
kualitas SPI Bank berjalan dengan baik. Dewan Komisaris dan Direksi           by the Bank, which indicates that the quality of the Bank’s internal control
menyatakan bahwa Bank telah memiliki SPI yang efektif dan memadai             system is running properly. The Board of Commissioners and Board of
dalam mengelola risiko-risiko yang dihadapi Bank tetap berada dalam batas     Directors state that the Bank has an effective and adequate internal control
toleransi dalam mendukung pencapaian tujuan Bank yang mana telah              system in managing the risks faced by the Bank while remaining within the
disampaikan pada Sistem Pengendalian Internal pada Laporan Tahunan ini.       tolerance limit in supporting the achievement of the Bank’s objectives,
                                                                              which has been conveyed in the Internal Control System in this Annual
                                                                              Report.

                                                     Rekomendasi 5.2: Manajemen Risiko.
                                                   Recommendation 5.2: Risk Management.
REKOMENDASI 5.2.1:                                                            RECOMMENDATION 5.2.1:

Strategi dan risiko merupakan satu kesatuan, diungkapkan secara transparan,   Strategy and risk is a unity, disclosed transparently, included in the
masuk ke dalam pelaksanaan tugas dan tanggung jawab Direksi dan Dewan         implementation of duties and responsibilities of the Board of Directors and
Komisaris, serta dalam diskusi di rapat Dewan Komisaris dan Direksi.          Board of Commissioners, as well as in discussions at meetings of the Board
                                                                              of Commissioners and Board of Directors.




286       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 289
STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Dewan Komisaris dan Direksi senantiasa melakukan pengelolaan dan           The Board of Commissioners and Board of Directors always manage and
pemantauan risiko-risiko utama Bank dengan baik. Menyeimbangkan            monitor the Bank’s main risks properly. Balancing risk, compliance culture,
antara risiko, budaya kepatuhan dan kecukupan modal juga menjadi           and capital adequacy is also the Bank’s strategic pillar policy. The Board of
kebijakan pilar strategis Bank. Dewan Komisaris dan Direksi dibantu oleh   Commissioners and Board of Directors are assisted by the Risk Monitoring
Komite Pemantau Risiko dan Komite Manajemen Risiko secara berkala          Committee and Risk Management Committee, which regularly monitor and
memantau dan mengkaji efektivitas pengendalian dan pengelolaan risiko      review the effectiveness of risk control and management at each meeting,
di setiap rapat dibantu juga oleh SKAI & Anti Fraud.                       and are also assisted by the SKAI & Anti Fraud.

REKOMENDASI 5.2.2:                                                         RECOMMENDATION 5.2.2:

Komite Pemantau Manajemen Risiko membantu pelaksanaan tugas Dewan          The Risk Management Monitoring Committee assists the implementation
Komisaris dengan menciptakan mekanisme yang transparan, fokus, dan         of the Board of Commissioners’ duties by creating a transparent, focused,
independen dalam pengawasan manajemen risiko korporasi.                    and independent mechanism for overseeing corporate risk management.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Dewan Komisaris memiliki Komite Pemantau Risiko yang beranggotakan         The Board of Commissioners has established the Risk Monitoring
Komisaris Independen dan pihak independen yang kompeten dan memiliki       Committee consisting of Independent Commissioners and independent
latar belakang sesuai dengan peraturan dan kebutuhan Bank. Komite          parties who are competent and have backgrounds in accordance with the
Pemantau Risiko membantu memastikan bahwa penerapan manajemen              Bank’s regulations and needs. The Risk Monitoring Committee helps ensure
risiko Bank tetap memenuhi unsur-unsur kecukupan prosedur dan              that the Bank’s risk management implementation still meets the elements
metodologi pengelolaan risiko, sehingga kegiatan usaha Bank tetap dapat    of adequacy of risk management procedures and methodologies, enabling
terkendali pada batas/limit yang dapat diterima dan menguntungkan Bank.    the Bank’s business activities to remain under control at acceptable limits
Informasi lebih lengkap disampaikan dalam Laporan Tahunan ini.             while still profitable for the Bank. More detailed information is presented in
                                                                           this Annual Report.

                            Rekomendasi 5.3: Integrasi Governansi, Manajemen Risiko, dan Kepatuhan.
                        Recommendation 5.3: Integration of Governance, Risk Management, and Compliance.
REKOMENDASI 5.3.1:                                                         RECOMMENDATION 5.3.1:

Direksi membangun sistem governansi, manajemen risiko, dan kepatuhan       The Board of Directors establishes an integrated governance, risk
(GRC) yang terintegrasi, dengan menangani berbagai ketidakpastian secara   management, and compliance (GRC) system, by handling various
terpadu dan dengan integritas yang tinggi, untuk meyakinkan bahwa          uncertainties in an integrated manner and with high integrity, to ensure
korporasi dapat mencapai tujuannya.                                        that the corporation can achieve its objectives.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Direksi memastikan adanya koordinasi dan peningkatan kapabilitas di        The Board of Directors ensures coordination and capability building
antara sistem utama GRC yang meliputi sistem governansi, manajemen         among the main GRC systems, which include governance system, strategic
strategi, manajemen kinerja, manajemen risiko, manajemen kepatuhan,        management, performance management, risk management, compliance
dan sistem audit internal agar Bank tetap berada pada jalur yang benar     management, and internal audit system to ensure that the Bank stays on
dalam mencapai tujuan.                                                     the right track in achieving its objectives.

REKOMENDASI 5.3.2:                                                         RECOMMENDATION 5.3.2:

Direksi memastikan bahwa bagian yang membawahi fungsi kepatuhan tidak      The Board of Directors ensures that the division in charge of the compliance
merangkap melaksanakan fungsi yang berpotensi menimbulkan benturan         function does not concurrently perform functions that have the potential
kepentingan.                                                               to cause a conflict of interest.

STATUS DAN KETERANGAN:                                                     STATUS AND DESCRIPTION:

Terpenuhi                                                                  Complied
Direktur Kepatuhan dan Manajemen Risko serta organ di bawahnya yang        The Director of Compliance and Risk Management and all its sub-organs
membawahi fungsi kepatuhan tidak merangkap melaksanakan fungsi yang        who oversee the compliance function do not concurrently perform functions
berpotensi menimbulkan benturan kepentingan sebagaimana digambarkan        that have the potential to cause a conflict of interest as described in the
dalam Struktur Organisasi Bank dalam Laporan Tahunan ini.                  Bank’s Organizational Structure in this Annual Report.

                                                     Rekomendasi 5.4: Audit Internal.
                                                   Recommendation 5.4: Internal Audit.
REKOMENDASI 5.4.1:                                                         RECOMMENDATION 5.4.1:

Dewan Komisaris melalui Komite Audit memantau dan memastikan bahwa         The Board of Commissioners, through the Audit Committee, oversees and
fungsi audit internal membantu korporasi untuk mencapai tujuannya dengan   ensures that the internal audit function assists the corporation to achieve
membawa pendekatan yang objektif dan disiplin untuk mengevaluasi dan       its objectives through an objective and disciplined approach to evaluate
meningkatkan efektivitas manajemen risiko, pengendalian internal, dan      and improve the effectiveness of risk management, internal control, and
governansi korporat.                                                       corporate governance.




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                287
Page 290
      Tata Kelola Perusahaan
      Good Corporate Governance




STATUS DAN KETERANGAN:                                                             STATUS AND DESCRIPTION:

Terpenuhi                                                                          Complied
Dewan Komisaris memiliki Komite Audit yang memastikan pelaksanaan                  The Board of Commissioners has established the Audit Committee, which
tugas audit internal telah dilakukan secara objektif dan independen.               ensures that the internal audit duties are performed objectively and
Pengangkatan dan pemberhentian Kepala SKAI & Anti Fraud juga                       independently. The appointment and dismissal of the Head of SKAI & Anti
memperhatikan rekomendasi dari Komite Audit. Auditor internal juga                 Fraud also considers recommendations from the Audit Committee. The
memiliki akses langsung kepada Komite Audit. Informasi lebih lengkap               internal audit also has direct access to the Audit Committee. More detailed
disampaikan dalam Laporan Tahunan ini.                                             information is presented in this Annual Report.


Prinsip 6: Pengungkapan dan Transparansi
Principle 6: Disclosure and Transparency

                                                     Rekomendasi 6.1: Kebijakan Pengungkapan.
                                                       Recommendation 6.1: Disclosure Policy.
REKOMENDASI 6.1.1:                                                                 RECOMMENDATION 6.1.1:

Korporasi memiliki kebijakan dan prosedur pengungkapan dan transparansi            The corporation has disclosure and transparency policies and procedures
yang memastikan pengungkapan informasi material dan menjaga informasi              that ensure disclosure of material information and safeguard sensitive
sensitif serta rahasia korporasi.                                                  information as well as corporate secrets.

STATUS DAN KETERANGAN:                                                             STATUS AND DESCRIPTION:

Terpenuhi                                                                          Complied
Bank memiliki Kebijakan Komunikasi dengan Pemegang Saham dan Investor              The Bank has a communication policy with Shareholders and investors as
yang diatur dalam Anggaran Dasar Bank, yang mengatur pengungkapan                  set out in the Bank’s Articles of Association, which governs the disclosure
informasi material dan menjaga informasi sensitif serta rahasia, serta kewajiban   of material information and safeguarding of sensitive and confidential
pengungkapan/keterbukaan informasi berdasarkan peraturan berlaku.                  information, as well as disclosure obligations under applicable regulations.

REKOMENDASI 6.1.2:                                                                 RECOMMENDATION 6.1.2:

Hak Pemegang Saham untuk memperoleh secara teratur dan tepat waktu                 Shareholders' rights to obtain regularly and timely relevant material
informasi material yang relevan tentang korporasi harus dipenuhi.                  information regarding the corporation must be fulfilled.

STATUS DAN KETERANGAN:                                                             STATUS AND DESCRIPTION:

Terpenuhi                                                                          Complied
Bank memastikan seluruh Pemegang Saham memiliki hak yang sama dalam                The Bank ensures that all Shareholders have the same rights in receiving
menerima informasi material secara benar, tepat waktu, berkala, dan sesuai         material information correctly, timely, periodically, and in accordance with
peraturan yang berlaku.                                                            the applicable regulations.

                                         Rekomendasi 6.2: Laporan Keuangan dan Keberlanjutan.
                                    Recommendation 6.2: Financial Statements and Sustainability Report.
REKOMENDASI 6.2.1:                                                                 RECOMMENDATION 6.2.1:

Korporasi mengungkapkan sistem dan prosedur untuk memastikan bahwa                 The Corporation discloses systems and procedures to ensure that Interim
Laporan Keuangan Interim yang tidak diaudit atau direviu oleh auditor              Financial Statements that are not materially audited or reviewed by
eksternal secara material adalah akurat, lengkap, dan memberikan investor          external auditors are accurate, complete, and provide investors with the
informasi yang tepat untuk membuat keputusan investasi yang tepat.                 appropriate information to make the right investment decisions.

STATUS DAN KETERANGAN:                                                             STATUS AND DESCRIPTION:

Terpenuhi                                                                          Complied
Bank memiliki sistem dan prosedur yang mengatur pengendalian internal              The Bank has systems and procedures to regulate internal control over
atas pelaporan keuangan, termasuk Laporan Keuangan Interim, peran                  financial reporting, including Interim Financial Statements, the role of risk
fungsi manajemen risiko/kepatuhan/pengawasan manajemen dan fungsi                  management/compliance/supervision management function, and internal
audit internal dalam memastikan integritas Laporan Keuangan Interim,               audit functions to ensure the integrity of Interim Financial Statements, and
dan peran Komite Audit dalam menelaah Laporan Keuangan yang akan                   the role of the Audit Committee in reviewing Financial Statements to be
dipublikasikan oleh Bank.                                                          published by Bank.

REKOMENDASI 6.2.2:                                                                 RECOMMENDATION 6.2.2:

Komite Audit memastikan kualitas audit Laporan Keuangan                            The Audit Committee ensures the quality of audit on Financial Statements
yang dilaksanakan oleh auditor eksternal. Kegiatan ini termasuk                    conducted by the external auditors. This activity includes recommending
merekomendasikan penunjukan, penunjukan kembali dan, jika perlu,                   the appointment, reappointment, and, if necessary, dismissal and
pemberhentian, serta remunerasi auditor eksternal.                                 remuneration of the external auditors.

STATUS DAN KETERANGAN:                                                             STATUS AND DESCRIPTION:

Terpenuhi                                                                          Complied
Komite Audit Bank memastikan kualitas audit Laporan Keuangan                       The Audit Committee of the Bank ensures the quality of audit on Financial
yang dilaksanakan oleh auditor eksternal. Kegiatan ini termasuk                    Statements conducted by external auditors. This activity includes
merekomendasikan penunjukan, penunjukan kembali dan, jika perlu,                   recommending the appointment, reappointment, and, if necessary,
pemberhentian dan remunerasi auditor eksternal.                                    dismissal and remuneration of the external auditors.




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REKOMENDASI 6.2.3:                                                              RECOMMENDATION 6.2.3:

Laporan Keberlanjutan harus disiapkan dan diungkapkan dengan akurat             The Sustainability Report shall be accurately prepared and disclosed
dan disusun sesuai kerangka pelaporan keberlanjutan nasional atau               and compiled in accordance with national or international sustainability
internasional.                                                                  reporting frameworks.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Penjelasan                                                                      Explanation
Laporan Keberlanjutan Bank disusun sesuai kerangka pelaporan                    The Sustainability Report of the Bank is prepared in accordance with the
keberlanjutan dari Peraturan Otoritas Jasa Keuangan. Meski demikian,            sustainability reporting framework of the Financial Services Authority
pelaporan keberlanjutan Bank telah memuat beberapa kriteria GRI                 Regulations. Nevertheless, the Bank’s sustainability reporting consists of
meskipun belum sepenuhnya.                                                      several GRI criteria, although not fully covered.

REKOMENDASI 6.2.4:                                                              RECOMMENDATION 6.2.4:

Korporasi menerbitkan Laporan Tahunan secara terintegrasi yang                  The corporation issues an integrated Annual Report that puts historical
menempatkan kinerja historis ke dalam konteks dan menggambarkan                 performance into context and describes the corporation's risks,
risiko, peluang, dan prospek korporasi di masa depan, sehingga membantu         opportunities, and future prospects, thereby helping Shareholders and
Pemegang Saham dan pemangku kepentingan memahami tujuan strategis               stakeholders understand the corporation's strategic objectives and its
korporasi dan kemajuannya dalam menciptakan nilai yang berkelanjutan.           progress in creating sustainable value.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Laporan Tahunan Bank telah mencantumkan kinerja historis dalam konteks          The Bank’s Annual Report has put historical performance in context and
dan menggambarkan risiko, peluang, dan prospek korporasi di masa depan.         described the risks, opportunities, and future prospects of the corporation.

                                                   Rekomendasi 6.3: Diseminasi Informasi.
                                              Recommendation 6.3: Dissemination of Information.
REKOMENDASI 6.3.1:                                                              RECOMMENDATION 6.3.1:

Saluran penyebaran informasi harus menyediakan akses yang setara, tepat         Channels for disseminating Information should provide users with equal,
waktu, dan relatif murah untuk informasi yang relevan bagi pengguna.            timely, and relatively inexpensive access to relevant information.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Bank secara berkala memperbarui dan memberikan kemudahan akses                  The Bank regularly updates and provides easy access to information
informasi seputar aktivitas dan kinerja Bank kepada para pemangku               regarding the Bank’s activities and performance to stakeholders, allowing
kepentingan agar mengetahui kondisi Bank secara jelas dan terbuka.              them to be informed about the Bank’s condition in a clear and transparent
Berbagai kanal komunikasi yang tersedia termasuk media sosial, situs web,       manner. Various available communication channels include social media,
e-mail blast dan paparan publik bagi nasabah dan publik, siaran pers, serta     websites, e-mail blasts, and public expose for customers and the public,
kanal komunikasi khusus internal untuk karyawan Bank.                           press releases, as well as a special internal communication channels for the
                                                                                Bank’s employees.

REKOMENDASI 6.3.2:                                                              RECOMMENDATION 6.3.2:

Korporasi memastikan bahwa pernyataan tahunan terhadap penerapan                The corporation ensures that an annual statement regarding the
Pedoman Umum Governansi Korporat Indonesia, termasuk penjelasan atas            implementation of General Guidelines for Indonesian Corporate
penerapan atas masing-masing Rekomendasi dan Panduan tersedia di situs          Governance, including an explanation of the implementation of each
web selama jangka waktu minimal 5 (lima) tahun.                                 Recommendation and Guideline is available on the website for a minimum
                                                                                period of 5 (five) years.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Penjelasan                                                                      Explanation
Saat ini, pernyataan terhadap penerapan PUGKI belum tersedia di situs web       Currently, a statement on the implementation of PUGKI is not available on
Bank.                                                                           the Bank’s website.

REKOMENDASI 6.3.3:                                                              RECOMMENDATION 6.3.3:

Untuk korporasi yang terdaftar di pasar modal di yurisdiksi selain yurisdiksi   For corporations listed on the capital market in jurisdictions other than
asal, peraturan perundang-undangan atas governansi korporat yang berlaku        the jurisdiction of origin, applicable laws and regulations on corporate
harus di diungkapkan dengan jelas. Dalam hal cross listing, kriteria dan        governance must be clearly disclosed. In the case of cross listing, the criteria
prosedur cross listing, kriteria dan prosedur untuk mengakui persyaratan        and procedures for cross listing, criteria and procedures for recognizing
listing untuk listing utama harus transparan dan didokumentasikan.              the listing requirements for the primary listing must be transparent and
                                                                                documented.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Bank merupakan entitas usaha yang didirikan di Indonesia dan tunduk             The Bank is a business entity incorporated in Indonesia and is subject to the
terhadap peraturan yang berlaku di Indonesia.                                   applicable regulations in Indonesia.




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      Tata Kelola Perusahaan
      Good Corporate Governance




Prinsip 7: Perlindungan terhadap Hak-Hak Pemegang Saham
Principle 7: Protection of Shareholders Rights

                                                    Rekomendasi 7.1: Hak Pemegang Saham.
                                                   Recommendation 7.1: Shareholders Rights.
REKOMENDASI 7.1.1:                                                              RECOMMENDATION 7.1.1:

Korporasi memiliki suatu kebijakan komunikasi yang memfasilitasi dan            The corporation has a communication policy that facilitates and encourages
mendorong partisipasi Pemegang Saham atau investor.                             shareholder or investor participation.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Bank memiliki kebijakan komunikasi dengan Pemegang Saham dan investor           The Bank has a communication policy with Shareholders and investors as
yang yang diatur dalam Anggaran Dasar Bank.                                     set out in the Bank’s Articles of Association.

REKOMENDASI 7.1.2:                                                              RECOMMENDATION 7.1.2:

Korporasi yang merupakan Entitas Induk memastikan bahwa kebijakan               Corporations that are Parent Entities ensure that their corporate
governansi korporatnya berlaku bagi Entitas Anak dan Entitas Sepengendali       governance policies apply to Subsidiaries and Entities under Common
yang di dalamnya investasi korporasi adalah signifikan.                         Control in which their investment is significant.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Penjelasan                                                                      Explanation
Bank memiliki kebijakan komunikasi dengan Pemegang Saham dan investor           The Bank has a communication policy with Shareholders and investors as
yang diatur dalam Anggaran Dasar Bank. Saat ini, Bank tidak memiliki            stipulated in the Bank’s Articles of Association. Currently, the Bank does
Entitas Anak dan Entitas Sepengendali.                                          not have any Subsidiaries and entities under common control.

REKOMENDASI 7.1.3:                                                              RECOMMENDATION 7.1.3:

Korporasi memiliki aturan dan prosedur yang mengatur akuisisi, pengambil        Corporations have rules and procedures that govern acquisitions, takeovers,
alihan, dan transaksi luar biasa, seperti merger dan penjualan aset korporasi   and extraordinary transactions, such as mergers and sales of substantial
yang substansial untuk memastikan transaksi terjadi secara transparan dan       corporate assets to ensure that the transactions occur in a transparent
dalam kondisi yang wajar dan melindungi hak-hak semua Pemegang Saham            manner and under reasonable conditions as well as protecting the rights of
sesuai dengan kelasnya.                                                         all Shareholders according to class.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Anggaran Dasar Bank telah mengatur prosedur yang mengatur akuisisi,             The Bank’s Articles of Association has set out procedures that govern
pengambil alihan, dan transaksi luar biasa. Selain itu, hak, wewenang, dan      acquisitions, takeovers, and extraordinary transactions. In addition, the
tanggung jawab Pemegang Saham juga diatur secara rinci dalam Anggaran           rights, authorities, and responsibilities of Shareholders are also stipulated
Dasar yang dapat diakses juga di situs web Bank (www.victoriabank.co.id).       in detail in the Articles of Association, accessible on the Bank’s website
                                                                                (www.victoriabank.co.id).

                                        Rekomendasi 7.2: Perlakuan Adil Terhadap Pemegang Saham.
                                           Recommendation 7.2: Fair Treatment to Shareholders.
REKOMENDASI 7.2.1:                                                              RECOMMENDATION 7.2.1:

Korporasi memiliki aturan dan prosedur yang memastikan:                         Corporations have rules and procedures ensuring that:
1. Semua Pemegang Saham dari seri yang sama dalam 1 (satu) kelas saham          1. All Shareholders of the same series in 1 (one) class of shares shall be
   harus diperlakukan setara; serta                                                treated equally; and
2. Pengungkapan aturan dan prosedur tersebut serta pengungkapan                 2. There shall be disclosure of such rules and procedures, as well as
   struktur modal dan pengaturan yang memungkinkan Pemegang Saham                  disclosure of capital structure and arrangements that allow certain
   tertentu memeroleh pengaruh atau kendali yang tidak proporsional                Shareholders to gain influence or control that is disproportionate to
   dengan kepemilikan sahamnya.                                                    their share ownership.

STATUS DAN KETERANGAN:                                                          STATUS AND DESCRIPTION:

Terpenuhi                                                                       Complied
Sesuai dengan Anggaran Dasar Bank, seluruh saham Bank adalah saham              Pursuant to the Bank’s Articles of Association, all shares of the Bank are
atas nama. Seluruh Pemegang Saham memiliki hak yang sama, yakni                 proprietary shares. All Shareholders have the same rights, in which each
masing-masing saham memiliki hak atas 1 (satu) suara.                           share has the right to cast 1 (one) vote.

REKOMENDASI 7.2.2:                                                              RECOMMENDATION 7.2.2:

Korporasi memiliki aturan dan prosedur yang memastikan transaksi pihak          The corporation has rules and procedures that ensure related party
berelasi disetujui dan dilaksanakan sedemikian rupa yang dapat meyakinkan       transactions are approved and implemented in such a way as to ensure that
bahwa benturan kepentingan telah dikelola dengan tepat, dan melindungi          conflicts of interest are properly managed, and protect the interests of the
kepentingan korporasi dan Pemegang Saham.                                       corporation and Shareholders.




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STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Bank senantiasa memastikan transaksi pihak berelasi yang dilaksanakan        The Bank always ensures that the related-party transactions made
tidak memiliki benturan kepentingan serta kepentingan Bank dan               do not have conflicts of interest and that the interests of the Bank and
Pemegang Saham telah terlindungi.                                            Shareholders are protected.

REKOMENDASI 7.2.3:                                                           RECOMMENDATION 7.2.3:

Korporasi memiliki dan mengungkapkan kebijakan untuk mencegah                The corporations has and discloses policies to prevent insider trading.
terjadinya insider trading. Korporasi memiliki aturan yang jelas mengenai    The corporation has clear rules regarding any trading in corporate shares
perdagangan apa pun dalam saham korporasi yang dilakukan oleh Direktur,      conducted by Directors, Commissioners, and insiders to ensure that no
Komisaris dan orang dalam untuk memastikan bahwa siapa pun tidak             one may benefit directly or indirectly from information that is not/not yet
boleh mendapatkan keuntungan secara langsung atau tidak langsung dari        available in the market.
informasi yang tidak/belum tersedia di pasar.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Pengungkapan untuk mencegah terjadinya insider trading salah satunya         Disclosure to prevent insider trading, one of which is set out in the Code
tertuang dalam Kode Etik.                                                    of Conduct.

                                            Rekomendasi 7.3: Rapat Umum Pemegang Saham.
                                          Recommendation 7.3: General Meeting of Shareholders.
REKOMENDASI 7.3.1:                                                           RECOMMENDATION 7.3.1:

Korporasi melakukan panggilan RUPS dengan agenda dan materi RUPS             The corporation makes a notice for GMS with the agenda and materials
selengkap dan sedini mungkin (paling lambat 28 hari sebelum RUPS)            for GMS as completely and as early as possible (no later than 28 days prior
untuk memberikan waktu dan materi yang cukup bagi Pemegang Saham             to the GMS) to provide sufficient time and materials for Shareholders to
untuk mempelajari dengan baik agenda rapat. Undangan rapat dan seluruh       properly study the meeting agenda. Meeting invitations and all GMS
informasi RUPS diungkapkan melalui sarana elektronik seperti melalui situs   information are disclosed through electronic means, such as through the
web korporasi.                                                               corporate website.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Bank mengumumkan panggilan RUPS paling lambat 28 hari sebelum                The Bank announces the notice for GMS no later than 28 days prior to the
tanggal pelaksanaan RUPS, dengan tidak memperhitungkan tanggal               date of the GMS, regardless the date of the notice. Complete information
pemanggilan. Informasi lengkap mengenai agenda dan materi RUPS juga          regarding the GMS agenda and materials is also available on the Bank’s
tersedia di situs web Bank.                                                  website.

REKOMENDASI 7.3.2:                                                           RECOMMENDATION 7.3.2:

Korporasi memiliki dan mengungkapkan aturan dan prosedur yang                The Corporation has and discloses rules and procedures that facilitate
memfasilitasi Pemegang Saham dalam berpartisipasi dan memberikan             Shareholders to participate and vote effectively at the GMS.
suara secara efektif di RUPS.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Mekanisme pengambilan keputusan/pemungutan suara RUPS disampaikan            The GMS resolutions adoption/voting mechanism is presented in the
dalam Tata Tertib RUPS yang disampaikan di situs web Bank dan dibacakan      GMS Conduct, which is posted on the Bank’s website and read back by the
kembali oleh Corporate Secretary pada saat dimulainya RUPS. Pemungutan       Corporate Secretary at the commencement of the GMS. Voting is carried
suara dilakukan untuk masing-masing agenda RUPS Tahunan dan menunjuk         out for each Annual GMS agenda item and independent parties, such as
pihak independen, Biro Administrasi Efek dan Notaris untuk melakukan         the Share Registrar Bureau and Notary, are appointed to count the votes.
perhitungan suara.

REKOMENDASI 7.3.3:                                                           RECOMMENDATION 7.3.3:

Pemegang Saham berpartisipasi efektif dalam menetapkan penunjukan            Shareholders participate effectively to determine the appointment of
anggota Direksi dan Dewan Komisaris.                                         members of the Board of Directors and Board of Commissioners.

STATUS DAN KETERANGAN:                                                       STATUS AND DESCRIPTION:

Terpenuhi                                                                    Complied
Riwayat hidup kandidat anggota Dewan Komisaris dan Direksi disampaikan       The curriculum vitae of candidates for members of the Board of
bersamaan dengan panggilan RUPS Tahunan kepada publik melalui situs          Commissioners and Board of Directors are submitted together with the
web Bank, dan pemungutan suara juga dilakukan secara terpisah untuk          notice to the Annual GMS to the public through the Bank’s website, and
masing-masing kandidat.                                                      voting is also carried out separately for each candidate.

REKOMENDASI 7.3.4:                                                           RECOMMENDATION 7.3.4:

Korporasi memastikan transparansi dan akuntabilitas auditor eksternal di     The corporation ensures transparency and accountability of the external
RUPS.                                                                        auditor at the GMS.




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      Tata Kelola Perusahaan
      Good Corporate Governance




STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Bank menjamin keterbukaan dan akuntabilitas auditor eksternal pada                The Bank guarantees transparency and accountability of the external
RUPS dan melaksanakan proses pemungutan suara untuk menentukan                    auditors at the GMS and carries out voting to determine the appointment
penunjukan auditor eksternal.                                                     of external auditors.

REKOMENDASI 7.3.5:                                                                RECOMMENDATION 7.3.5:

Penyampaian hasil pemungutan suara dan ringkasan risalah RUPS secara              Submission of voting results and a complete summary of the GMS minutes
lengkap diumumkan ke publik pada hari kerja berikutnya.                           are announced to the public on the following working day.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Hasil pemungutan suara dan ringkasan risalah RUPS Bank secara lengkap             The voting results and complete summary of the minutes of the Bank’s
diumumkan ke publik di hari yang sama setelah selesainya RUPS melalui             GMS are announced to the public on the same day after the completion of
situs web Bank.                                                                   the GMS through the Bank’s website.


Prinsip 8: Penghargaan terhadap Pemangku Kepentingan
Principle 8: Award for Stakeholders

                        Rekomendasi 8.1: Keterlibatan Pemangku Kepentingan Kunci (Stakeholder Engagement).
                                         Recommendation 8.1: Key Stakeholder Engagement.
REKOMENDASI 8.1.1:                                                                RECOMMENDATION 8.1.1:

Korporasi melalui Sekretaris Korporasi melaksanakan komunikasi yang               The corporation, through the Corporate Secretary, carries out regular,
reguler, transparan dan efektif dengan pemangku kepentingan kunci serta           transparent, and effective communication with key stakeholders and
melibatkan mereka untuk memahami harapan dan keluhan mereka serta                 engages them to understand their expectations, grievances, and the impact
dampak korporasi terhadap mereka.                                                 of the corporation on them.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Bank mengungkapkan proses dalam mengidentifikasi dan memilih                      The Bank discloses the process of identifying and selecting key stakeholders
pemangku kepentingan kunci yang akan dilibatkan telah diuangkapkan                to be involved, which has been disclosed in the Annual Report. The Bank
dalam Laporan Tahunan. Bank juga memiliki WBS sebagai sarana                      also has established a WBS as a safe and independent means of conveying
penyampaian saran, masukan dan keluhan/pengaduan yang aman dan                    suggestions, input, and grievances/complaints.
independen.

                                      Rekomendasi 8.2: Integrasi Keberlanjutan dalam Model Bisnis.
                                   Recommendation 8.2: Integration of Sustainability in Business Models.
REKOMENDASI 8.2.1:                                                                RECOMMENDATION 8.2.1:

Dewan Komisaris bersama-sama dengan Direksi bertanggung jawab,                    The Board of Commissioners and the Board of Directors are responsible,
akuntabel, dan transparan atas governansi keberlanjutan, termasuk                 accountable, and transparent for sustainability governance, including in
menetapkan strategi, prioritas, dan target keberlanjutan korporasi. Direksi       establishing corporate sustainability strategies, priorities, and targets.
dan Dewan Komisaris memasukkan pertimbangan keberlanjutan ketika                  The Board of Directors and Board of Board of Commissioners incorporate
menjalankan perannya, termasuk antara lain dalam pengembangan dan                 sustainability considerations when performing their roles, including by
implementasi strategi korporasi, rencana bisnis, rencana aksi utama dan           developing and implementing corporate strategies, business plans, main
manajemen risiko.                                                                 action plans, and risk management.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Direksi memastikan bahwa strategi, prioritas dan target keberlanjutan korporasi   The Board of Directors ensures that corporate sustainability strategies,
serta kinerja terhadap target ini dikomunikasikan kepada para pemangku            priorities, and targets, as well as performance against such targets are
kepentingan sebagaimana dilaporkan dalam Laporan Tahunan ini.                     communicated to stakeholders as reported in this Annual Report.

                                      Rekomendasi 8.3: Perlindungan terhadap Pemangku Kepentingan.
                                            Recommendation 8.3: Protection for Stakeholders.
REKOMENDASI 8.3.1:                                                                RECOMMENDATION 8.3.1:

Direksi memastikan dan mengungkapkan bahwa operasi korporasi                      The Board of Directors ensures and discloses that corporate operations
mencerminkan penerapan standar etika, tanggung jawab sosial dan                   reflect the application of high standards of ethics, social and environmental
lingkungan yang tinggi di seluruh korporasi dan memastikan bahwa                  responsibility throughout the corporation and ensures that appropriate
kebijakan dan prosedur yang tepat diterapkan untuk menghormati serta              policies and procedures are in place to respect and comply with stakeholders
mematuhi hak-hak pemangku kepentingan.                                            rights.

STATUS DAN KETERANGAN:                                                            STATUS AND DESCRIPTION:

Terpenuhi                                                                         Complied
Bank memiliki berbagai kebijakan sebagai pedoman dalam menjalankan                The Bank has various policies as guidelines in carrying out business
operasi bisnis yang sesuai etika, tanggung jawab sosial dan lingkungan,           operations that are ethical, socially, and environmentally responsible, and
serta menghormati dan mematuhi hak-hak pemangku kepentingan. Hal ini              respecting and complying with the stakeholders rights. This is presented
disampaikan secara lengkap pada Laporan Tahunan Bank.                             completely in the Bank’s Annual Report.




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 REKOMENDASI 8.3.2:                                                        RECOMMENDATION 8.3.2:

 Direksi mendorong karyawan bekerja untuk kepentingan jangka panjang The Board of Directors encourages employees to work for the long-term
 korporasi dan mengedepankan keberlanjutan.                          interests of the corporation and prioritizes sustainability.

 STATUS DAN KETERANGAN:                                                    STATUS AND DESCRIPTION:

 Terpenuhi                                                                 Complied
 Guna mendorong penciptaan nilai yang berkelanjutan, Bank memiliki         In order to encourage sustainable value creation, the Bank has a policy of
 kebijakan pemberian insentif jangka panjang kepada karyawan berdasarkan   providing long-term incentives to employees based on Board of Directors
 Keputusan Direksi No. 001A/SK-DIR/12/22 tanggal 1 Desember 2022           Decree No. 001A/SK-DIR/12/22 dated 1 December 2022 concerning Human
 tentang Kebijakan dan Prosedur Human Capital Management.                  Capital Management Policies and Procedures.




Rencana Strategis Bank
Bank’s Strategic Plans

Bank selalu mengevaluasi strategi jangka pendek, menengah,                   The Bank constantly evaluates the short-, medium-, and long-
dan panjang yang dituangkan dalam Rencana Bisnis Bank                        term strategies as outlined in the Bank’s Business Plan (RBB). The
(RBB). RBB 2024-2026 disusun dengan merujuk pada Peraturan                   2024-2026 RBB is prepared by referring to the Financial Services
Otoritas Jasa Keuangan No. 5/POJK.03/2016. Penyusunan RBB                    Authority Regulation No. 5/POJK.03/2016. The preparation
juga memperhitungkan faktor eksternal dan internal, prinsip                  of RBB also considers external and internal factors, prudential
kehati-hatian, manajemen risiko, dan asas perbankan yang sehat.              principle, risk management, and sound banking principles.


Pada tahun 2023, Bank telah menetapkan rencana strategis                     In 2023, the Bank has set a strategic plan for the long-term
untuk rencana jangka panjang (corporate plan) dan rencana                    plan (corporate plan) and the medium and short-term plan
jangka menengah dan pendek (business plan) yang tertuang                     (business plan) contained in the RBB 2024-2026 with the theme
dalam RBB 2024-2026 yang mengangkat tema tema “Continuous                    “Continuous Transformation With Strong Governance and
Transformation With Strong Governance and Excellence Services                Excellence Services for Sustainable Growth” with the following
for Sustainable Growth” dengan penjelasan sebagai berikut:                   explanation:



Rencana Jangka Panjang                                                       Long-Term Plan

Bank Victoria telah merumuskan strategi-strategi untuk mencapai              Bank Victoria has formulated strategies to achieve the Vision and
Visi dan Misi dalam kurun waktu 5 (lima) tahun mendatang, yaitu:             Mission within 5 (five) years, as follows:
1. Menjaga dan memperkuat penerapan prinsip-prinsip GCG secara               1. Maintain and strengthen the consistent implementation of
     konsisten yang selaras dengan prinsip-prinsip manajemen risiko              GCG principles that are aligned with the principles of risk
     dan kepatuhan terhadap regulasi (compliance);                               management and regulatory compliance;
2. Menjaga dan memelihara permodalan di level yang kuat dan                  2. Maintain and preserve capital at a strong and adequate level
     memadai sebagai landasan pengembangan dan pertumbuhan                       as the foundation for prudent and sustainable development
     skala bisnis Bank yang prudent dan berkelanjutan;                           and growth of the Bank’s business scale;
3. Melanjutkan dan meningkatkan inovasi produk dan layanan                   3. Continue and improve product innovation and best customer-
     terbaik yang berfokus kepada nasabah (customer-centric);                    centric services;
4. Melanjutkan pengembangan sistem teknologi informasi                       4. Continue the development of information technology
     untuk mendukung efisiensi, inovasi, dan pengembangan                        systems to support efficiency, innovation, and product
     produk serta peningkatan layanan;                                           development as well as service improvement;
5. Melanjutkan optimalisasi melalui evaluasi kinerja jaringan kantor         5. Continue optimization through performance evaluation of
     cabang guna meningkatkan efisiensi dan produktivitas dalam                  branch office network to improve efficiency and productivity
     rangka mencapai pertumbuhan bisnis yang berkelanjutan;                      in order to achieve sustainable business growth;
6. Mengembangkan kualitas dan meningkatkan produktivitas                     6. Develop the quality and improve the productivity of human
     sumber daya manusia dan pelayanan nasabah untuk                             resources and customer service to face business challenges;
     menghadapi tantangan bisnis; dan                                            and
7. Meningkatkan nilai perusahaan bagi Pemegang Saham dan                     7. Increase corporate value for shareholders and stakeholders.
     pemangku kepentingan.




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          Tata Kelola Perusahaan
          Good Corporate Governance




Rencana Jangka Menengah dan Pendek                                        Medium and Short-Term Plans

Bank menetapkan target jangka pendek untuk setahun ke depan               The Bank sets its short-term targets for the next one year and
dan target jangka menengah untuk 3 (tiga) tahun mendatang                 medium-term targets for the next 3 (three) years, as follows:
yang diuraikan sebagai berikut:
1. Penguatan GCG dan penerapan manajemen risiko, meliputi:                1. Strengthening GCG and risk management implementation,
                                                                             including:
     a.  Melanjutkan peningkatan internalisasi budaya kepatuhan              a. Continuing to improve the internalization of compliance
         secara berkelanjutan di seluruh aspek operasional dan                   culture in all aspects of the Bank’s operations and
         bisnis Bank;                                                            business;
     b. Melanjutkan penguatan fungsi pengawasan dan                          b. Continuing to strengthen the supervision and risk control
         pengendalian risiko pada second dan third line of                       functions at the second and third lines of defense; and
         defense; dan
     c. Meciptakan pertumbuhan bisnis berkelanjutan yang                      c. Creating sustainable business growth achieved through
         dicapai dengan penerapan dan pengelolaan GCG;                           the implementation and management of GCG;
2.   Permodalan, yaitu dengan memperkuat dan/atau memelihara              2. Capital, namely by strengthening and/or maintaining healthy
     permodalan yang sehat guna menyerap risiko dan mendukung                capital to absorb risks and support sustainable business
     pertumbuhan bisnis yang berkelanjutan melalui peningkatan               growth through increased (organic) profits and issuance of
     laba (organik) dan penerbitan obligasi subordinasi.                     subordinated bonds.
3.   Pengembangan bisnis, meliputi:                                       3. Business development, including:
     a. Menerbitkan 12 (dua belas) produk dasar dan 21 (dua puluh            a. Issuing 12 (twelve) basic products and 21 (twenty
         satu) produk lanjutan 5 (lima) produk lanjutan, 8 (delapan)             one) advanced products 5 (five) advanced products,
         produk lanjutan layanan elektronik, dan 8 (delapan) produk              8 (eight) electronic service advanced products, and
         lanjutan layanan digital) guna mendorong pertumbuhan                    8 (eight) digital service advanced products) to encourage
         bisnis yang berkelanjutan dan pengembangan produk                       sustainable business growth and product development
         (customer-centric) serta meningkatkan fee-based income;                 (customer-centric) and increase fee-based income;
     b. Meningkatkan kampanye pemasaran (marketing                           b. Enhance marketing campaigns to expand the deposit
         campaign) guna memperluas basis nasabah simpanan                        customer base, especially small customers, to increase
         terutama nasabah kecil untuk me               ningkatkan                the portion of low-cost funds and reduce the cost of
         porsi dana murah serta menekan cost of fund;                            funds;
     c. Melanjutkan inisiatif-inisiatif kerja sama dalam                     c. Continue collaborative initiatives in developing other
         pengembangan bisnis penyumbang fee-based income                         fee-based income contributing businesses in wealth
         lain pada produk dan layanan wealth management; dan                     management products and services; and
     d. Meningkatkan efektivitas penanganan kredit bermasalah,               d. Improve the effectiveness of handling non-performing
         kredit hapus buku, penyelesaian agunan yang diambil                     loans, write-off loans, settlement of repossessed
         alih serta pemanfaatan aktiva tetap yang belum                          collateral and utilization of unused fixed assets
         digunakan (properti terbengkalai) guna memelihara                       (abandoned properties) to maintain and improve the
         dan meningkatkan kualitas serta mengoptimalkan                          quality and optimize asset productivity and increase
         produktivitas aktiva dan meningkatkan pendapatan                        operating income other than interest;
         operasional selain bunga;
4.   Sistem teknologi informasi, yaitu dengan memperkuat                  4. Information technology systems, namely by strengthening
     kapasitas dan kualitas layanan infrastruktur TI yang bisa               the capacity and quality of IT infrastructure services that
     menjamin keamanan dan menjaga kepercayaan nasabah                       can ensure security and maintain customer confidence to
     guna mendukung kegiatan operasional;                                    support operational activities;
5.   Jaringan kantor, meliputi:                                           5. Office network, including:
     a. Melanjutkan peningkatan evaluasi kinerja jaringan kantor             a. Continuing to improve the performance evaluation of
         cabang yang ada guna mencapai tingkat profitabilitas                    the existing branch office network in order to achieve a
         yang menguntungkan; dan                                                 favorable level of profitability; and
     b. Melakukan penambahan jaringan kantor untuk                           b. Expand the office network to improve customer service
         meningkatkan layanan nasabah serta memperluas pasar                     and expand the market geographically to support the
         secara geografis dalam mendukung bisnis;                                business;
6.   Sumber daya manusia dan organisasi, meliputi:                        6. Human resources and organization, including:
     a. Meningkatkan kualitas sumber daya manusia, penguatan                 a. Improving the quality of human resources, strengthening
         perangkat organisasi melalui program pelatihan yang                     organizational tools through continuous training
         berkelanjutan, dan rekrutmen tenaga sesuai kebutuhan                    programs, and recruitment of personnel according to the
         bisnis Bank dan regulasi; dan                                           Bank’s business needs and regulations; and




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    b.Meningkatkan kualitas sumber daya manusia dalam                     b.Improving the quality of human resources in a dynamic
      kompetisi yang dinamis melalui peningkatan softskill                  competition through the improvement of soft skills and
      dan hardskill, program rekrutmen (Officer Development                 hard skills, recruitment programs (Officer Development
      Program) dan pelatihan terencana dalam kurun waktu                    Program) and planned training within a period of 3
      3 (tiga) bulan sekali dan terpadu seperti kewajiban                   (three) months and integrated such as the obligation to
      pemenuhan sertifikasi dan refreshment;                                fulfill certification and refreshment;
7. Menjaga dan meningkatkan nilai perusahaan bagi seluruh             7. Maintain and increase the value of the company for all
   Pemegang Saham dan pemangku kepentingan.                              Shareholders and stakeholders.




Pembelian Kembali Saham dan/atau Obligasi
Shares and/or Bonds Buy Back


Sepanjang tahun 2023, Bank Victoria tidak melakukan pembelian         Throughout 2023, Bank Victoria did not conduct shares or bonds
kembali saham maupun obligasi.                                        buy back.




Penyediaan Dana kepada Pihak Terkait
dan/atau Penyediaan Dana Besar
Provision of Funds to Related Parties and/or
Provision of Large Exposure
Bank menerapkan prinsip kehati-hatian dalam penyediaan dana           The Bank implements the principle of prudence in providing funds
kepada pihak terkait dan debitur dalam jumlah besar. Prinsip          to related party and debtors with large exposure, by reviewing
tersebut diimplementasikan melalui peninjauan mekanisme               the implementation mechanisms according to internal policies,
pelaksanaan sesuai kebijakan internal, mematuhi ketentuan             complying with Bank Indonesia regulations on Legal Lending
Bank Indonesia mengenai Batas Maksimum Pemberian Kredit,              Limit Aspect, and having the decision made by the Board of
dan diputuskan Dewan Komisaris secara independen.                     Commissioners independently.


Pada tahun 2023, penyediaan dana kepada pihak terkait Bank dan        In 2023, the provision of funds to the Bank’s related parties and
juga terhadap debitur inti Bank (tidak terkait) sebagai berikut:      also to the Bank’s core debtors (non-related) are as follows:


                            Penyediaan Dana                                       Debitur                          Total
                            Provision of Fund                                     Debtor               (juta Rupiah / million Rupiah)
 Individu
                                                                                     900                          21,973,320
 Individual

   Kepada Pihak Terkait
                                                                                      20                             361,764
   To Related Parties

   Kepada Pihak Tidak Terkait
                                                                                     880                          21,611,556
   To Non-Related Parties

 Kelompok
                                                                                      36                            6,059,892
 Group

 Total                                                                               936                          28,033,212




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      Tata Kelola Perusahaan
      Good Corporate Governance




Kepatuhan Perpajakan
Tax Compliance



Bank Victoria berkomitmen untuk mematuhi perundang-                   Bank Victoria is committed to complying with the applicable
undangan dan ketentuan yang berlaku. Bentuk kepatuhan                 laws and regulations, one of which is realized by fulfilling the
tersebut salah satunya diwujudkan dengan memenuhi kewajiban           obligation to pay taxes. The Bank is required to withhold/collect
untuk membayar pajak. Bank wajib melakukan pemotongan/                tax on every taxable object, such as employee Income Tax (PPh),
pemungutan pajak terhadap setiap objek kena pajak, seperti            Value Added Tax (VAT), and others. The Bank also submits tax
Pajak Penghasilan (PPh) karyawan dan Pajak Pertambahan                obligation documents, such as annual and monthly Tax Returns
Nilai dan lain-lain (PPN). Bank juga menyampaikan dokumen             (SPT), and obligation documents to regulatory institutions in a
kewajiban perpajakan, seperti Surat Pemberitahuan Pajak (SPT)         timely manner. The amount of tax paid by the Bank throughout
tahunan maupun bulanan, serta dokumen kewajiban ke lembaga            2023 can be seen in the Management Discussion and Analysis
regulator dengan tepat waktu. Jumlah pajak yang dibayarkan            chapter in the Contribution to the State section.
Bank selama tahun 2023 dapat dilihat pada bab Analisis dan
Pembahasan Manajemen bagian Kontribusi kepada Negara.




Transparansi Kondisi Keuangan dan
Non-Keuangan Bank yang Belum Diungkap
dalam Laporan Lain
Transparency of the Bank’s Financial and Non-Financial
Conditions that Have Not Been Disclosed in Other Report

Bank telah melakukan transparansi terhadap Laporan Tahunan            The Bank has carried out transparency on the (financial and
(keuangan dan non-keuangan) serta Laporan Keuangan Publikasi          non-financial) Annual Report as well as Quarterly Published
Triwulanan dan Laporan Keuangan Publikasi Bulanan dengan              Financial Statements and Monthly Published Financial Statements
tepat waktu dan dipublikasikan di situs web Bank.                     in a timely manner and published on the Bank’s website.




Informasi Lain terkait Tata Kelola Bank
Other Information related to Bank Governance


Bank berupaya untuk mengelola dan menjalankan kegiatan bisnis         The Bank strives to manage and carry out business activities
dengan baik dan bersih, tanpa adanya intervensi dari pemilik          properly and cleanly, without any intervention from the owner
ataupun pihak lainnya, serta perselisihan internal ataupun            or other parties, as well as internal disputes or other problems,
permasalahan lain, khususnya yang muncul sebagai dampak               particularly those that arise as a result of the remuneration
kebijakan remunerasi yang diterapkan oleh Bank. Sepanjang             policies applied by the Bank. Throughout 2023, the Bank
tahun 2023, Bank telah melakukan proses bisnis sesuai dengan          carried out business processes in accordance with guidelines
pedoman pada prinsip-prinsip GCG, Kode Etik, Peraturan                on GCG principles, Code of Conduct, Company Regulations,
Perusahaan, serta peraturan perundang-undangan yang berlaku           and applicable laws and regulations to reduce negative impacts
untuk mengurangi dampak negatif yang dihasilkan dari keputusan        resulting from the Bank’s operational decisions and activities.
dan aktivitas operasional Bank.




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Pernyataan dan Praktik Bad Corporate Governance
Statement and Practices of Bad Corporate Governance



Bank berkomitmen untuk menjalankan aktivitas bisnis perbankan                The Bank is committed to carrying out clean and sound banking
yang bersih dan sehat, sehingga terhindar dari pelaksanaan                   business activities, and therefore, avoid bad business activities
aktivitas bisnis dan penerapan tata kelola yang tidak baik.                  and bad governance implementation. This commitment is
Komitmen tersebut diungkapkan dengan pemenuhan aspek dari                    disclosed by fulfilling aspects of the statement and practices of
pernyataan dan praktik bad corporate governance berikut:                     bad corporate governance as follows:


                                                                      Praktik
                          Uraian                                                                                Description
                                                                      Practice
                                                                        Nihil
 Adanya laporan sebagai Bank yang mencemari lingkungan.                                   There is a report that the Bank pollutes the environment.
                                                                        None

 Perkara penting yang sedang dihadapi oleh Bank, anggota                                  Significant cases currently faced by the Bank, members
                                                                        Nihil
 Direksi dan/atau anggota Dewan Komisaris yang sedang                                     of Board of Directors, and/or members of Board of
                                                                        None
 menjabat tidak diungkapkan dalam Laporan Tahunan.                                        Commissioners are not disclosed in the Annual Report.

                                                                        Nihil
 Ketidakpatuhan dalam pemenuhan kewajiban perpajakan.                                     Non-compliance in fulfilling tax obligations.
                                                                        None

 Ketidaksesuaian penyajian Laporan Tahunan dan Laporan                                    Inconsistency of presentation of Annual Report and
                                                                        Nihil
 Keuangan dengan peraturan yang berlaku dan Standar                                       Financial Statements with the the applicable regulations
                                                                        None
 Akuntasi Keuangan.                                                                       and Financial Accounting Standards.

                                                                        Nihil
 Kasus terkait buruh dan karyawan.                                                        Cases related to workers and employees.
                                                                        None

                                                                        Nihil
 Tidak terdapat pengungkapan segmen operasi.                                              There are no disclosures on operational segment.
                                                                        None

 Terdapat ketidaksesuaian antara Laporan Tahunan hardcopy               Nihil             There is inconsistency between Annual Report’s hard copy
 dengan Laporan Tahunan softcopy.                                       None              and Annual Report’s soft copy.




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                   STRUKTUR
                   PERMODALAN DAN
                   MANAJEMEN RISIKO
                   Capital Structure and Risk Management




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2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   299
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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




Pengungkapan Permodalan
Disclosure of Capital



Dalam rangka meningkatkan nilai tambah bagi pemangku                  In order to increase added value for stakeholders and comply
kepentingan dan mematuhi persyaratan permodalan regulator,            with regulatory capital requirements, Bank Victoria consistently
Bank Victoria secara konsisten mempertahankan struktur                maintains a strong capital structure so that it can support
permodalan yang kuat sehingga dapat mendukung strategi                sustainable business development strategy.
pengembangan usaha secara berkelanjutan.



Kebijakan Manajemen Permodalan                                        Capital Management Policy

Kebijakan manajemen permodalan Bank Victoria bertujuan                Bank Victoria’s capital management policy aims to ensure strong
untuk memastikan keberlanjutan modal yang kuat, menciptakan           capital sustainability, create an optimal capital structure, and
struktur permodalan yang optimal, dan mematuhi ketentuan              comply with regulatory requirements. Capital management
regulator. Kebijakan manajemen permodalan Bank mengacu                policy of the Bank refers to:
pada:
1. Peraturan Otoritas Jasa Keuangan No. 11/POJK.03/2016               1. Financial Services Authority Regulation No. 11/ POJK.03/ 2016
    tanggal 2 Februari 2016;                                             dated 2 February 2016;
2. Peraturan Otoritas Jasa Keuangan No. 34/POJK.03/2016               2. Financial Services Authority Regulation No. 34/POJK.03/2016
    tanggal 26 September 2016, Perubahan atas Peraturan                  dated 26 September 2016, Amendments to Financial
    Otoritas Jasa Keuangan No. 11/POJK.03/2016 tentang                   Services Authority Regulation No. 11/POJK.03/2016 on
    Kewajiban Penyediaan Modal Minimum Bank Umum; dan                    Capital Adequacy Ratio for Commercial Banks; and
3. Peraturan Otoritas Jasa Keuangan No. 27 Tahun 2022                 3. Financial Services Authority Regulation No. 27 of 2022 dated
    tanggal 26 Desember 2022, Perubahan Kedua atas Peraturan             26 December 2022, on Second Amendment to Financial
    Otoritas Jasa Keuangan No. 11/POJK.03/2016 tentang                   Services Authority Regulation No. 11/POJK.03/2016 on
    Kewajiban Penyediaan Modal Minimum Bank Umum.                        Capital Adequacy Ratio for Commercial Banks.


Penetapan strategi dan kebijakan pengelolaan permodalan Bank          Establishment of strategies and policies of Bank Victoria’s capital
Victoria disusun sebagai bagian dari Rencana Bisnis Bank dan          management is prepared as part of the Bank’s Business Plan and
disetujui oleh Direksi dan Dewan Komisaris.                           approved by the Board of Directors and Board of Commissioners.


Rencana permodalan Bank memastikan ketersediaan modal                 The Bank’s capital plan ensures the availability of sufficient
yang cukup dan penciptaan struktur permodalan yang optimal            capital and create an optimal capital structure to support
untuk mendukung strategi bisnis. Dalam perencanaannya, Bank           business strategy. In its planning, the Bank considers:
mempertimbangkan:
1. Ketentuan permodalan minimum yang diwajibkan oleh                  1. Minimum capital requirements required by regulators;
    regulator;
2. Kebutuhan modal untuk mendukung pertumbuhan usaha;                 2. Capital requirements to support business growth; and
    serta
3. Pilihan-pilihan yang ada untuk meningkatkan permodalan             3. Existing options to increase capital and achieve optimal
    dan untuk mencapai struktur permodalan yang optimal.                 capital structure.


Pengelolaan modal juga mempertimbangkan kondisi ekonomi,              Capital management also considers economic, business, and
usaha, dan pasar uang. Bank secara berkala melakukan penilaian        money market conditions. The Bank periodically assesses capital
kecukupan permodalan (internal capital adequacy assessment            adequacy (internal capital adequacy assessment process/ICAAP)
process/ICAAP) untuk mengevaluasi kondisi normal dan stress           to evaluate normal and stressful conditions as part of the Bank’s
sebagai bagian dari pengawasan permodalan Bank.                       capital monitoring.




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Struktur Permodalan                                                       Capital Structure

Sesuai dengan ketentuan Otoritas Jasa Keuangan, struktur                  Pursuant to the provisions of Financial Services Authority, Bank
permodalan Bank Victoria terdiri dari:                                    Victoria’s capital structure consists of:
1. Modal inti (tier 1), yang meliputi:                                    1. Tier 1, which includes:
    a. Modal inti utama (common equity tier 1)                                a. Common equity tier 1
        Modal inti utama mencakup modal disetor, cadangan                          Common equity tier 1 includes paid-up capital, disclosed
        tambahan modal (disclosed reserve), dan faktor                             reserve and impairment factor for common equity tier
        pengurang modal inti utama. Cadangan tambahan modal                        1. Additional capital reserves consist of additional
        terdiri atas faktor penambah (pendapatan komprehensif                      factors (other comprehensive income and other
        lainnya dan cadangan tambahan modal lainnya) dan                           additional capital reserves) and deduction factors (other
        faktor pengurang (pendapatan komprehensif lainnya dan                      comprehensive income and other additional capital
        cadangan tambahan modal lainnya);                                          reserves);
    b. Modal inti tambahan (additional tier 1)                                b. Additional tier 1
2. Modal pelengkap (tier 2)                                               2. Tier 2
    Modal pelengkap (tier 2) meliputi cadangan umum                           Tier 2 includes general reserves of Allowance for Asset Losses
    Penyisihan Penghapusan Aset (PPA) atas aset produktif                     (PPA) for productive assets that must be formed (a maximum
    yang wajib dibentuk (paling tinggi 1,25% Aset Tertimbang                  of 1.25% Risk Weighted Assets (ATMR) Credit Risk).
    Menurut Risiko (ATMR) Risiko Kredit).


Total modal Bank pada tanggal 31 Desember 2023 sebesar                    The Bank’s total capital on 31 December 2023 was Rp3.82 trillion,
Rp3,82 triliun, yang didominasi oleh modal inti (tier I) Bank             which was dominated by the Bank’s core capital (tier I) of Rp3.29
sebesar Rp3,29 triliun. Apabila dibandingkan dengan total modal           trillion. When compared to the total capital on 31 December 2022
pada tanggal 31 Desember 2022 yang sebesar Rp3,88 triliun,                which was Rp3.88 trillion, there was a decrease of 1.45%. The
maka terjadi penurunan sebesar 1,45%. Penurunan tersebut                  decrease occurred in the supplementary capital (tier II) component
terjadi pada komponen modal pelengkap (tier II) dengan                    of 21.02%. On the other hand, the core capital (tier I) component in
penurunan sebesar 21,02%. Di sisi lain, komponen modal inti               2023 increased by 2.68% to Rp3.29 trillion compared to that of the
(tier I) pada tahun 2023 mengalami peningkatan sebesar 2,68%              previous year.
menjadi sebesar Rp3,29 triliun jika dibandingkan dengan tahun
sebelumnya.


Dengan struktur permodalan tersebut, rasio Kewajiban                      With such capital structure, the individual Minimum Capital
Penyediaan Modal Minimum (KPMM) pada tanggal 31 Desember                  Adequacy Ratio (CAR) on 31 December 2023 was 19.95%
2023 secara individual menjadi sebesar 19,95% dibandingkan                compared to that of previous year of 21.97%.
tahun sebelumnya sebesar 21,97%.



Kecukupan Permodalan                                                      Capital Adequacy

Kecukupan permodalan Bank Victoria senantiasa sejalan dan                 Bank Victoria’s capital adequacy is constantly in line with and
menyesuaikan ketentuan regulasi Bank Indonesia dan Otoritas               adjusts to regulations of Bank Indonesia and Financial Services
Jasa Keuangan yaitu Basel II dan Basel III (lebih dikenal dengan          Authority, namely Basel II and Basel III (widely known as Basel
Basel III reforms) dalam rangka memastikan Bank dapat menjaga             III reforms), to ensure that the Bank can maintain its capital
kecukupan permodalannya yang sifatnya lebih sensitif dan                  adequacy, which is more sensitive, to cover the main risks
dapat men-cover risiko-risiko utama pada kegiatan perbankan               in banking activities while continuing to provide returns for
dengan tetap memberikan return bagi pemangku kepentingan,                 stakeholders, including:
di antaranya:
1. Pilar 1 (Minimum Capital Requirements)                                 1. Pilar 1 (Minimum Capital Requirements)
    Sesuai dengan ketentuan regulasi, secara umum, metodologi                The method generally used for assessing capital adequacy
    yang digunakan dalam menilai kecukupan dan kebutuhan                     and requirements for credit risk, market risk, and operational
    modal untuk risiko kredit, risiko pasar, dan risiko operasional.         risk, which follows regulatory provisions.
2. Pilar 2 (Supervisory Review Process)                                   2. Pilar 2 (Supervisory Review Process)
    Bank Victoria telah menerapkan Internal Capital Adequacy                 Bank Victoria has implemented the Internal Capital Adequacy
    Assessment Process (ICAAP), yaitu proses untuk menetapkan                Assessment Process (ICAAP), which is a process to determine
    kecukupan modal yang sesuai dengan profil risiko Bank, dan               the capital adequacy according to the Bank’s risk profile and
    menetapkan strategi untuk memelihara tingkat permodalan.                 to determine a strategy to maintain capital rating.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




3. Pilar 3 (Market Discipline)                                        3. Pilar 3 (Market Discipline)
   Bank Victoria menerapkan disiplin pasar melalui transparansi          Bank Victoria applies market discipline through transparency
   dan pengungkapan atas informasi keuangan Bank.                        and disclosure of the Bank’s financial information.


Penyesuaian terhadap implementasi Basel III, regulator telah          Adjusting to the implementation of Basel III, the regulator
mengeluarkan ketentuan mengenai kewajiban penyediaan                  has issued a provision on minimum capital adequacy ratio for
modal minimum bank umum, di mana Bank wajib membentuk                 commercial bank, in which the Bank is required to establish
tambahan modal sebagai penyangga (buffer). Tambahan modal             additional capital as a buffer. The additional capital can be in the
tersebut berupa:                                                      form of:
1. Capital Conservation Buffer                                        1. Capital Conservation Buffer
    Penyangga untuk mengantisipasi terjadinya kerugian pada               A buffer to anticipate a loss in crisis period.
    periode krisis.
2. Countercyclical Buffer                                             2. Countercyclical Buffer
    Penyangga untuk mengantisipasi terjadinya kerugian apabila           A buffer to anticipate losses in the event of excessive banking
    pertumbuhan kredit perbankan berlebihan yang berpotensi              credit growth that potentially interferes with the financial
    mengganggu stabilitas sistem keuangan.                               system stability.
3. Capital Surcharge untuk Domestic Systemically Important            3. Capital Surcharge for Domestic Systemically Important Bank
    Bank (D-SIB).                                                        (D-SIB).


Penyangga untuk mengurangi dampak negatif terhadap                    A buffer to reduce negative impacts on the financial system
stabilitas sistem keuangan dan perekonomian apabila terjadi           stability and economy in the event of Bank failure that has
kegagalan Bank yang berdampak sistemik, melalui peningkatan           systemic impact, through the improvement of the Bank’s ability
kemampuan Bank dalam menyerap kerugian.                               to absorb losses.


Bank Victoria telah menerapkan perhitungan kewajiban                  Bank Victoria has applied the calculation of the requirement to
membentuk tambahan modal sebagai penyangga (buffer) dalam             form additional capital as a buffer in the Capital Adequacy Ratio
Kewajiban Penyedian Modal Minimum (KPMM) sesuai dengan                (CAR) in accordance with the regulatory provisions. As a bank of
ketentuan regulator. Sebagai Bank KBMI I (Kelompok Bank               KBMI I (Bank Groups Based on Core Capital I), Bank Victoria is
berdasarkan Modal Inti), Bank Victoria tidak diwajibkan untuk         not required to provide capital conservation buffer because the
menyediakan capital conservation buffer karena ketentuan              capital requirement provision applies to banks of KBMI II, KBMI III,
penyediaan modal tersebut berlaku untuk Bank KBMI II, KBMI III,       and KBMI IV.
dan KBMI IV.


Pengungkapan permodalan Bank Victoria sebagai berikut:                Bank Victoria’s disclosure of capital is as follows:
1. Tabel Utama (Key Metrics).                                         1. Main Table (Key Metrics).
2. Tabel Perbedaan antara Cakupan Konsolidasi dan Mapping             2. Table of Difference between Consolidated and Mapping
   pada Laporan Keuangan sesuai Standar Akuntansi Keuangan               Coverage on the Financial Statements in Accordance with
   dengan Kategori Risiko sesuai dengan Ketentuan Otoritas               the Financial Accounting Standards with Risk Categories in
   Jasa Keuangan Kategori Risiko (LI1).                                  Accordance with the Financial Services Authority Provisions
                                                                         for Risk Category (LI1).
3. Tabel Perbedaan Utama antara Nilai Tercatat sesuai Standar         3. Table of Key Differences between Carrying Value in
   Akuntansi Keuangan dengan Nilai Eksposur sesuai dengan                Accordance with the Financial Accounting Standards and
   Ketentuan Otoritas Jasa Keuangan (LI2).                               Exposure Value in Accordance with the Financial Services
                                                                         Authority Regulations (LI2).
4. Tabel Penjelasan Mengenai Perbedaan antara Nilai Eksposur          4. Table of Explanation on the Differences between the
   sesuai Standar Akuntansi Keuangan dengan Ketentuan                    Exposure Values in accordance with the Financial Accounting
   Otoritas Jasa Keuangan (LIA).                                         Standards and Financial Services Authority Provisions (LIA).
5. Tabel Komposisi Permodalan (CC1).                                  5. Table of Capital Composition (CC1).
6. Tabel Rekonsiliasi Permodalan (CC2).                               6. Table of Capital Reconciliation (CC2).
7. Tabel Fitur Utama Instrumen Permodalan dan Instrumen               7. Table of Key Features of Capital instrument and TLAC
   TLAC - Eligible (CCA).                                                instrument - Eligible (CCA).
8. Tabel Rasio Pengungkit – Laporan Kewajiban Pemenuhan               8. Table of Leverage Ratio - Leverage Ratio Compliance Report.
   Rasio Pengungkit.
9. Tabel Rasio Pengungkit – Laporan Perhitungan Rasio                 9. Table of Leverage Ratio - Leverage Ratio Calculation Report.
   Pengungkit.




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Manajemen Risiko
Risk Management



Kegiatan usaha Bank selalu dihadapkan pada risiko-risiko yang         The Bank’s business activities are always faced with risks that are
berkaitan erat dengan fungsinya sebagai lembaga intermediasi          closely related to its function as a financial intermediary and other
keuangan dan aktivitas perbankan lainnya yang dilakukan untuk         banking activities carried out to support the Bank’s objectives.
menunjang tujuan Bank. Perkembangan bisnis yang pesat                 Rapid business development causes the risks of business
menyebabkan risiko kegiatan usaha semakin kompleks, yang              activities become increasingly complex, which in turn requires
selanjutnya menuntut Bank untuk menerapkan manajemen                  the Bank to implement risk management according to standards
risiko yang sesuai dengan standar yang merujuk pada ketentuan         by referring to regulatory provisions and best practices applied
regulator dan best practice yang diterapkan di perbankan agar         in banking in order to overcome the complexity of such risks.
dapat mengatasi kompleksitas risiko tersebut. Manajemen risiko        Risk management is an important aspect so that all stakeholders
merupakan aspek penting agar semua pemangku kepentingan               in the Bank are more aware of risk (risk awareness), clearly
di Bank menjadi lebih sadar akan risiko (risk awareness) dan          understand the expectations and risk problems that will be faced,
mengerti dengan jelas mengenai ekspektasi dan permasalahan            and manage them properly. Bank Victoria actively improves its
risiko yang akan dihadapi serta dapat dikelola dengan baik. Bank      risk management implementation to identify, measure, monitor,
Victoria secara aktif meningkatkan implementasi manajemen             and properly control risks to prevent disruption to the Bank’s
risiko untuk mengidentifikasi, mengukur, memantau, dan                business continuity.
mengendalikan risiko dengan tepat guna mencegah gangguan
terhadap kelangsungan usaha Bank.



Dasar Penerapan Manajemen Risiko                                      Basis of Risk Management Implementation

Penerapan manajemen risiko Bank didasarkan pada beberapa              The Bank’s risk management implementation is based on the
peraturan berikut:                                                    following regulations:
1. Peraturan Otoritas Jasa Keuangan No. 4/POJK.03/2016                1. Financial Services Authority Regulation No. 4/POJK.03/2016 on
    tentang Penilaian Tingkat Kesehatan Bank Umum;                         Sound Level Assessment for Commercial Banks;
2. Peraturan Otoritas Jasa Keuangan No. 18/POJK.03/2016               2. Financial Services Authority Regulation No. 18/POJK.03/2016
    tentang Penerapan Manajemen Risiko bagi Bank Umum;                     on Implementation of Risk Management for Commercial Banks;
3. Peraturan Otoritas Jasa Keuangan No. 17 Tahun 2023                 3. Financial Services Authority Regulation No. 17 of 2023 on
    tentang Penerapan Tata Kelola bagi Bank Umum;                          Implementation of Governance for Commercial Banks;
4. Surat Edaran Otoritas Jasa Keuangan No. 34/SEOJK.03/2016           4. Financial Services Authority Circular No. 34/SEOJK.03/2016 on
    tentang Penerapan Manajemen Risiko bagi Bank Umum;                     Risk Management Implementation for Commercial Banks;
5. Surat Edaran Otoritas Jasa Keuangan No. 13/SEOJK.03/2017           5. Financial Services Authority Circular No. 13/SEOJK.03/2017 on
    tentang Penerapan Tata Kelola bagi Bank Umum; dan                      Implementation of Governance for Commercial Banks; and
6. Surat Edaran Otoritas Jasa Keuangan No. 14/SEOJK.03/2017           6. Financial Services Authority Circular No. 14/SEOJK.03/2017 on
    tentang Penilaian Tingkat Kesehatan Bank Umum.                         Sound Level Assessment for Commercial Banks.



Penerapan Manajemen Risiko Bank                                       Implementation of Bank Risk Management

Bank senantiasa berupaya untuk meningkatkan kualitas                  The Bank always strives to improve the quality of risk
implementasi manajemen risiko guna menjadi mitra bisnis yang          management implementation to become a trusted business
terpercaya dengan menyediakan kerangka kerja manajemen                partner by providing risk management framework, promoting
risiko, mempromosikan risk culture, serta menarik talenta             risk culture, and attracting talent to support sustainable business
untuk mendukung pertumbuhan bisnis yang berkelanjutan.                growth. In implementing risk management, the Bank refers to the
Dalam penerapan manajemen risiko, Bank berpedoman pada                Financial Services Authority Regulation No. 18/POJK.03/2016 on
Peraturan Otoritas Jasa Keuangan No. 18/POJK.03/2016 tentang          Implementation of Risk Management for Commercial Banks, in
Penerapan Manajemen Risiko bagi Bank Umum, di mana Bank               which the Bank effectively implements risk management through
menerapkan manajemen risiko secara efektif melalui 4 (empat)          4 (four) pillars consisting of:
pilar yang terdiri dari:




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




1. Pengawasan aktif Dewan Komisaris dan Direksi;                       1. Active monitoring of Board of Commissioners and Board of
                                                                          Directors;
2. Kecukupan kebijakan, prosedur, dan penetapan limit                  2. Adequacy of risk management policies, procedures, and limit
   manajemen risiko;                                                      setting;
3. Kecukupan proses identifikasi, pengukuran, pemantauan,              3. Adequacy of process of risk identification, measurement,
   pengendalian, dan sistem informasi manajemen risiko; dan               monitoring, and managament, as well as risk management
                                                                          information system; and
4. Sistem pengendalian        internal   terhadap     penerapan        4. Internal control system on risk management implementation.
   manajemen risiko.


Pengawasan Aktif Dewan Komisaris dan Direksi                           Active Monitoring of Board of Commissioners and
                                                                       Board of Directors
Tata kelola manajemen risiko senantiasa mengacu pada Peraturan         Risk management governance refers to the Financial Services
Otoritas Jasa Keuangan No. 17 Tahun 2023 tentang Penerapan             Authority Regulation No. 17 of 2023 on Implementation of
Tata Kelola bagi Bank Umum, Dewan Komisaris dan Direksi secara         Governance for Commercial Banks, the Board of Commissioners
aktif melakukan pengawasan dan mitigasi serta mengembangkan            and Board of Directors actively supervise, mitigate, and
budaya manajemen risiko di Bank. Adapun tugas dan tanggung             develop risk management culture within the Bank. Duties and
jawab Dewan Komisaris sebagai berikut:                                 responsibilities of the Board of Commissioners are as follows:
1. Melakukan pengawasan untuk kepentingan Bank atas kebijakan          1. Supervise in the interests of the Bank over the policies and
    dan jalannya pengurusan Direksi, memberikan nasihat kepada             management of the Board of Directors, provide advice to the
    Direksi, dan bertanggung jawab atas pengawasan tersebut;               Board of Directors, and be responsible for such supervision;
2. Melaksanakan tugas, wewenang, dan tanggung jawab dengan             2. Perform duties, authorities, and responsibilities in good faith
    iktikad baik dan dengan prinsip kehati-hatian; dan                     and with prudential principles; and
3. Memberikan arahan, memantau, dan mengevaluasi                       3. Provide direction, monitor, and evaluate the implementation of
    pelaksanaan tata kelola, manajemen risiko, dan kepatuhan               integrated governance, risk management, and compliance, as
    secara terintegrasi serta kebijakan strategis Bank.                    well as the Bank’s strategic policies.


Dewan Komisaris dalam menjalankan fungsinya sebagai                    In performing its supervisory function, the Board of Commissioners
pengawasan secara aktif dibantu oleh Komite Audit, Komite              is actively assisted by the Audit Committee, Risk Monitoring
Pemantau Risiko, dan Komite Nominasi dan Remunerasi.                   Committee, and Nomination and Remuneration Committee.


Sementara itu, tugas dan tanggung jawab Direksi sebagai berikut:       Meanwhile, duties and responsibilities of the Board of Directors
                                                                       are as follows:
1. Menyusun kebijakan dan strategi manajemen risiko secara             1. Develop written and comprehensive risk management
   tertulis dan komprehensif;                                              policies and strategies;
2. Memiliki tanggung jawab atas pelaksanaan kebijakan                  2. Is responsible for the implementation of risk management
   manajemen risiko dan eksposur risiko yang diambil oleh Bank             policies and risk exposure taken by the Bank as a whole;
   secara keseluruhan;
3. Mengevaluasi dan memutuskan transaksi yang memerlukan               3. Evaluate and decide on transactions requiring approval from
   persetujuan Direksi;                                                   the Board of Directors;
4. Mengembangkan budaya manajemen risiko pada seluruh                  4. Develop a risk management culture at all levels of the
   jenjang organisasi;                                                    organization;
5. Memastikan peningkatan kompetensi sumber daya manusia               5. Ensure increased competency of human resources related to
   yang terkait dengan manajemen risiko; dan                              risk management; and
6. Memastikan bahwa fungsi manajemen risiko telah beroperasi           6. Ensure that the risk management function operates
   secara independen.                                                     independently.


Direksi dibantu oleh Executive Committee terkait Manajemen             The Board of Directors is assisted by an Executive Committee
Risiko, seperti Komite Manajemen Risiko, Komite Kredit, dan            related to Risk Management, such as the Risk Management
Komite Kebijakan Perkreditan. Penerapan manajemen risiko               Committee, Credit Committee, and Credit Policy Committee.
bukan hanya tanggung jawab Dewan Komisaris dan Direksi, tetapi         Risk management implementation is not only the responsibility
juga harus dilaksanakan oleh unit kerja lainnya di bawah Direksi,      of the Board of Commissioners and Board of Directors, but also
seperti Satuan Kerja Manajemen Risiko, Satuan Kerja Kepatuhan,         required to be implemented by other work units under the Board
SKAI & Anti Fraud, dan Risk Taking Unit.                               of Directors, such as the Risk Management Unit, Compliance Unit,
                                                                       SKAI & Anti-Fraud, and Risk Taking Unit.




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Kecukupan Kebijakan, Prosedur, dan                                        Adequacy of Policies, Procedures, and
Penetapan Limit Manajemen Risiko                                          Limit Establishment of Risk Management
Aktivitas operasional Bank telah didukung dengan kerangka                 The Bank’s operational activities are supported by risk
manajemen risiko yang mencakup kebijakan dan prosedur                     management framework that includes policies and procedures
penerapan manajemen risiko sejalan dengan visi, misi, strategi            for implementing risk management in line with the Bank’s vision,
bisnis Bank, tingkat risiko yang diambil dan toleransi risiko, serta      mission, business strategy, risk appetite, and risk tolerance, as
limit tanpa mengabaikan kemampuan modal Bank untuk dapat                  well as limits without compromising the Bank’s capital ability to
menyerap eksposur risiko.                                                 absorb risk exposure.


Kebijakan dan prosedur penerapan manajemen risiko merupakan               Policies and procedures for implementing risk management are
arahan tertulis pada aktivitas fungsional Bank yang dalam                 written directions for the Bank’s functional activities which in
penyusunannya juga telah diatur mengenai penetapan limit                  their preparation also stipulate the limit establishment for each
untuk masing-masing aktivitas, baik pada level portofolio                 activity, both at portfolio and transactional levels. All policies and
maupun transaksional. Seluruh kebijakan dan prosedur di Bank              procedures at the Bank are a form of risk management inherent
merupakan bentuk pengelolaan risiko yang melekat pada setiap              in every operational activity at the Bank, updated periodically
aktivitas operasional di Bank yang dikinikan secara berkala dengan        by considering the complexity of business activities, risk profile,
memperhatikan kompleksitas kegiatan usaha, profil risiko, dan             interrelationship between risks, and regulations set by the
keterkaitan antar risiko, serta peraturan yang ditetapkan otoritas        authorities, and/or sound banking practices.
dan/atau praktik perbankan yang sehat.


Dalam rangka pengendalian risiko secara efektif, kebijakan                To control risk effectively, policies and procedures are based on
dan prosedur didasarkan pada strategi manajemen risiko dan                risk management strategies and equipped with risk tolerances
dilengkapi dengan toleransi risiko dan limit risiko. Penetapan            and risk limits. Determination of risk tolerance and limits by
toleransi dan limit risiko telah memperhatikan tingkat risiko             considering the level of the risk appetite and overall strategy.
yang akan diambil dan strategi secara keseluruhan. Perihal                Limits are determined based on overall limits, limits per type
penetapan limit didasarkan atas limit secara keseluruhan, limit           of risk, and limits per certain functional activities that have risk
per jenis risiko, dan limit per aktivitas fungsional tertentu yang        exposure adjusted to the Bank’s complexity and business as well
memiliki eksposur risiko disesuaikan dengan kompleksitas dan              as compliance with applicable regulations. Whereas, limits are
usaha Bank serta kepatuhan terhadap ketentuan yang berlaku.               prepared and proposed by risk taking unit and submitted to the
Sedangkan, dalam penyusunan dan pengajuan limit diusulkan                 Risk Management/Integrated to be evaluated and proposed to
oleh unit kerja (risk taking unit) dan disampaikan kepada Risk            the Risk Management Committee. Furthermore, risk tolerance
Management/Integrated untuk dievaluasi dan diajukan kepada                and risk limits are recommended to the President Director for
Komite Manajemen Risiko. Selanjutnya, toleransi dan limit risiko          approval under acknowledgment of the Board of Commissioners.
direkomendasikan kepada Direktur Utama untuk mendapatkan
persetujuan dengan sepengetahuan Dewan Komisaris.


Kecukupan Proses Identifikasi, Pengukuran,                                Adequacy of Identification, Measurement,
Pemantauan, Pengendalian, dan Sistem Informasi                            Monitoring, and Control Processes, as well as
Manajemen Risiko                                                          Risk Management Information System
Proses manajemen risiko meliputi tahapan berikut:                         The risk management process includes the following stages:
1. Identifikasi                                                           1. Identification
    Identifikasi risiko merupakan proses untuk menentukan risiko              Risk identification is a process to determine inherent risks
    yang melekat pada aktivitas Bank berpotensi menghambat                    within the Bank’s activities with potential to hinder the
    pencapaian tujuan. Identifikasi risiko Bank dilakukan melalui             achievement of the Bank’s objectives. The Bank’s risk
    analisis terhadap seluruh jenis risiko, terutama kompleksitas             identification is carried out through the analysis of all types
    dan karakteristik risiko yang melekat yang berpotensi                     of risk, particularly the complexity and characteristics of
    merugikan Bank.                                                           inherent risks that may potentially harm the Bank.
2. Pengukuran                                                             2. Measurement
    Tujuan pengukuran risiko adalah untuk mengukur tingkat                    The risk measurement is aimed to measure the level of
    risiko yang melekat pada aktivitas Bank dan dampaknya                     inherent risk within the Bank’s activities and its impact on
    terhadap permodalan, pendapatan, dan/atau strategi Bank.                  the Bank’s capital, income, and/or strategy. The Bank’s risk
    Pengukuran risiko Bank dilakukan secara berkala, baik untuk               measurement is carried out periodically, either for products
    produk dan portofolio maupun seluruh aktivitas bisnis Bank                or portfolios or all business activities intended to measure
    yang bertujuan untuk mengukur eksposur risiko Bank sebagai                the Bank’s risk exposure as a reference in risk control.
    acuan di dalam pengendalian risiko.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




3. Pemantauan                                                          3. Monitoring
   Pemantauan risiko adalah proses untuk mengetahui,                      Risk monitoring is a process for finding out, evaluating
   mengevaluasi potensi tingkat risiko dan efektivitas respons            the level of potential risk, and effectiveness of responses
   yang dijalankan di Bank. Pemantauan risiko Bank antara                 carried out at the Bank. The Bank’s risk monitoring includes
   lain mencakup besarnya eksposur risiko, toleransi risiko,              the magnitude of risk exposure, risk tolerance, internal
   kepatuhan limit internal, hasil stress testing, dan konsistensi        limit compliance, stress testing results, and consistent
   pelaksanaan dengan kebijakan dan prosedur yang ditetapkan              implementation with the established policies, procedures,
   dan peraturan terkait eskternal lainnya. Pemantauan                    and other external related regulations. Monitoring is
   didukung oleh sistem informasi manajemen risiko dan                    supported by the risk management information system,
   disesuaikan dengan kebutuhan dalam rangka penerapan                    which is tailored to needs in order to implement effective risk
   manajemen risiko yang efektif.                                         management.
4. Pengendalian                                                        4. Control
   Pengendalian risiko adalah metode yang digunakan Bank                  Risk control is the method used by the Bank to evaluate
   untuk mengevaluasi potensi kerugian dan tindakan yang                  potential loss and actions to be taken to accept, reduce,
   dilakukan untuk menerima, mengurangi, mengalihkan, atau                transfer, or eliminate risks. The risk control of the Bank
   menghilangkan risiko. Pengendalian risiko Bank dilakukan               is carried out by following up on material and significant
   antara lain dengan memberikan tindak lanjut atas risiko yang           risks, attached monitoring, and conducting internal audits
   bersifat material dan signifikan, pengawasan melekat, dan              periodically.
   pelaksanaan audit internal secara berkala.


Penerapan proses manajemen risiko didukung oleh sistem                 The risk management process is supported by information system
informasi yang memadai dan dikembangkan sesuai dengan                  that is adequate and developed in accordance with the Bank’s
kebutuhan Bank dalam rangka penerapan manajemen risiko yang            needs in order to implement effective risk management. The risk
efektif. Sistem informasi manajemen risiko dan informasi yang          management information system and the information generated
dihasilkan disesuaikan dengan karakteristik dan kompleksitas           are adapted to the characteristics and complexity of the Bank’s
kegiatan usaha Bank, serta adaptif terhadap perubahan.                 business activities, as well as adaptive to changes.

Sistem Pengendalian Internal terhadap                                  Internal Control System on
Penerapan Manajemen Risiko                                             Risk Management Implementation
Bank menerapkan sistem pengendalian intern secara efektif              The Bank implements an effective internal control system, which
dan mengacu kepada kebijakan dan prosedur yang ditetapkan.             refers to the established policies and procedures. The principle
Prinsip pemisahan fungsi harus memadai dan dilaksanakan                of separation of functions shall be adequate and implemented
secara konsisten. Sistem pengendalian internal dalam penerapan         consistently. The internal control system in implementing risk
manajemen risiko sekurang-kurangnya mencakup:                          management must at least include:
1. Pengelolaan dan pengendalian risiko yang melekat pada               1. Managing and controlling risk inherent in the Bank’s business
    kegiatan usaha Bank;                                                   activities;
2. Pelaporan keuangan dan kegiatan operasional yang akurat             2. Accurate and timely reporting of financial and operational
    dan tepat waktu;                                                       activities;
3. Peningkatan kepatuhan terhadap ketentuan yang berlaku;              3. Improving compliance with applicable regulations;
4. Pengurangan dampak kerugian keuangan, penyimpangan                  4. Reducing the impact of financial loss, irregularities including
    termasuk kecurangan (fraud) dan pelanggaran;                           fraud and violation;
5. Peningkatan efektivitas organisasi dan meningkatkan                 5. Improving organization effectiveness and improving cost
    efisiensi biaya;                                                       efficiency;
6. Pengelolaan risiko agar tetap dalam batas toleransi                 6. Managing risk in order to remain within the limits of risk
    (risk tolerance) dan risk appetite sesuai ukuran dan                   tolerance and risk appetite according to the business size and
    kompleksitas usaha;                                                    complexity;
7. Pengkajian ulang terhadap sistem informasi manajemen                7. Reviewing the risk management information system; and
    risiko; dan
8. Verifikasi dan pengkajian ulang secara berkala dan                  8. Verifying and reviewing material problems and actions to
    berkesinambungan terhadap permasalahan yang bersifat                  rectify occurring problems, periodically and continuously.
    material dan tindakan untuk memperbaiki permasalahan
    yang terjadi.


Evaluasi terhadap efektivitas penerapan sistem pengendalian            Evaluation of the effectiveness of internal control system is
internal dilakukan secara terus menerus dan berkesinambungan           performed continuously and ongoing so that the Bank can
agar Bank dapat memantau dan memitigasi risiko-risiko yang             monitor and mitigate the risks effectively. Such evaluation result




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dihadapi secara efektif. Hasil evaluasi tersebut dijadikan dasar      is used as a basis for improving and refining the system and
untuk perbaikan dan penyempurnaan sistem ataupun kebijakan            internal control policy.
pengendalian internal.


Seluruh manajemen dan karyawan Bank Victoria memiliki peran           All management and employees of Bank Victoria have the role
dan tanggung jawab untuk menerapkan, mematuhi, serta                  and responsibility to implement, comply with, and improve the
meningkatkan sistem pengendalian internal di Bank Victoria.           internal control system at Bank Victoria. This is reflected in the
Hal ini tercermin dari konsep three lines of defenses dalam           concept of three lines of defenses in risk management that has
pengelolaan risiko yang telah diimplementasikan, di mana              been implemented, where risk management is carried out by all
pengelolaan risiko dilakukan oleh seluruh lini organisasi.            lines of the organization.



Strategi Penerapan Manajemen Risiko                                   Risk Management Implementation Strategy

Perumusan strategi manajemen risiko Bank diselaraskan dengan          Formulation of the Bank’s risk management strategy is aligned
strategi bisnis secara keseluruhan dengan memperhatikan               with the overall business strategy by considering risk appetite
risk appetite dan risk tolerance melalui pengelolaan eksposur         and risk tolerance through the Bank’s risk exposure management
risiko Bank sesuai dengan kebijakan dan prosedur, peraturan           in accordance with policies and procedures, laws and regulations,
dan perundang-undangan, serta ketentuan lain yang berlaku.            and other applicable provisions. In line with the Vision and
Sejalan dengan Visi dan Misi, Bank merumuskan strategi                Mission, the Bank formulates a risk management strategy in
manajemen risiko sesuai dengan Rencana Bisnis Bank, di antaranya      accordance with the Bank’s Business Plan, including developing
mengembangkan transformasi digital dan tetap menjaga kinerja          digital transformation and maintaining the Bank’s business
usaha Bank yang secara umum tertuang dalam Rencana Bisnis             performance, which is generally stated in the Bank’s Business
Bank dan telah disetujui oleh manajemen Bank.                         Plan and has been approved by the Bank management.


Penerapan strategi manajemen risiko dilakukan untuk mendukung         Implementation of risk management strategy is conducted to
pencapaian Rencana Bisnis Bank, di antaranya melalui:                 support the achievement of the Bank’s Business Plan, among
                                                                      others through:
1. Peningkatan pengelolaan risiko Bank yang berkualitas;              1. Improving the Bank’s risk management quality;
2. Penyempurnaan kebijakan atas penerapan manajemen risiko            2. Improvement of Bank risk management implementation
   Bank; dan                                                              policies; and
3. Proses identifikasi, pengukuran, pemantauan, dan                   3. The process of identifying, measuring, monitoring, and
   pengendalian risiko di setiap jenjang organisasi.                      controlling risks at every level of the organization.


Strategi manajemen risiko senantiasa dilakukan Bank, baik dari        The Bank constantly performs risk management strategy, either
segi struktur organisasi dan sumber daya manusia, kebijakan           on the organizational structure and human resources, policy
dan prosedur, maupun sistem pendukung agar sesuai dengan              and procedure, or on the supporting system to be in line with
perkembangan aktivitas perbankan yang semakin beragam dan             the development of banking’s activities that are more various
kompleks. Usaha tersebut dilakukan Bank agar dapat mengelola          and complex. The effort is made by the Bank in order to manage
risiko yang dihadapi, melakukan upaya pencegahan atau                 the risks, to prevent and mitigate, and to reserve capital to assist
mitigasi, serta mencadangkan modal, sehingga membantu Bank            the Bank in planning the future direction of the business growth.
dalam merencanakan arah pertumbuhan bisnis di masa depan.             Improvement and refinement of risk management are conducted
Perbaikan dan peningkatan pengelolaan dilakukan melalui:              as follows:
1. Menjaga eksposur risiko secara keseluruhan (aggregate)             1. Maintaining an aggregate risk exposure or per type of risk by
     maupun per jenis risiko dengan mempertimbangkan                       considering the interrelationships among the risks;
     keterkaitan antar risiko;
2. Evaluasi dan penyempurnaan pengukuran risiko secara                2. Evaluating and refining the risk measurement on a regular
     berkala atau sewaktu-waktu apabila diperlukan untuk                 basis or at any time as necessary to ensure conformity of
     memastikan kesesuaian akurasi, kewajaran, serta prosedur            accuracy, reasonableness, and procedures used to measure
     yang digunakan untuk mengukur risiko; dan                           risks; and
3. Analisa dan evaluasi kecenderungan terhadap perubahan              3. Analyzing and evaluating trends towards changes in factors
     faktor-faktor yang memengaruhi kinerja Bank, baik faktor            affecting the Bank’s performance, both internal and external
     internal maupun eksternal.                                          factors.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




Pada prinsipnya, pengelolaan risiko dilakukan secara proaktif          In principle, risk management is carried out proactively in order
guna mencapai pertumbuhan kinerja keuangan maupun                      to achieve sound and sustainable growth in financial performance
kelangsungan bisnis Bank yang sehat dan berkelanjutan serta            and business continuity of the Bank and to maintain an optimal
memelihara tingkat risk adjusted return secara optimal sesuai          level of risk adjusted return in accordance with the established
dengan risk appetite yang ditetapkan.                                  risk appetite.



Struktur Tata Kelola Risiko                                            Risk Governance Structure

Penerapan manajemen risiko bermanfaat untuk melakukan                  Risk management is useful to analyze the possible risks that may
analisis kemungkinan adanya risiko yang akan dihadapi saat ini         be faced in the present or future. The Bank periodically reviews by
maupun yang akan datang. Dalam praktiknya, Bank secara berkala         evaluating the work units. The evaluation is conducted with the
melakukan kaji ulang melalui evaluasi kepada unit kerja. Evaluasi      aim of enabling the Bank to identify any potential risks that may
dilakukan dengan tujuan agar Bank mampu mengidentifikasi               arise and have a significant impact. Risk management evaluation
setiap risiko yang berpotensi muncul dan berdampak signifikan.         process uses risk-based approach and is performed by Risk
Proses evaluasi pelaksanaan manajemen risiko menggunakan               Management, in coordination with all the work units.
pendekatan berbasis risiko dan dilakukan oleh Risk Management,
bekerja sama dengan seluruh unit kerja.


Dalam penerapannya, struktur dengan pembagian tugas dan                In its application, the structure and division of tasks and
tanggung jawab dalam proses pengelolaan risiko dibagi menjadi          responsibilities in risk management process are divided into 3
3 (three line of defense) yang meliputi:                               (three lines of defense) which include:
1. Lini 1: memiliki anggota dan mengelola risiko sehari-hari           1. Line 1: has members and manages day-to-day risks inherent
     yang melekat dalam bisnis dan/atau kegiatannya, termasuk              in business and/or its activities, including risk taking. This
     pengambilan risiko. Termasuk mengidentifikasi, menilai,               includes identifying, assessing, controlling, mitigating,
     mengendalikan, memitigasi, memantau, dan melaporkan                   monitoring, and reporting risk exposures, as well as ensuring
     eksposur risikonya dan memastikan bahwa hal tersebut                  that such matters are within the limits set in risk strategy, risk
     dalam batasan yang telah ditetapkan dalam strategi risiko,            tolerance, risk appetite, and risk management framework,
     risk tolerance, risk appetite, serta kerangka kerja, kebijakan        policies, and procedures. Designs and implements activities
     dan prosedur manajemen risiko. Merancang dan melaksanakan             and controls in end-to-end processes;
     aktivitas dan kontrol dalam end-to-end process;
2. Lini 2: menetapkan dan memiliki kerangka kerja, kebijakan dan       2. Line 2: establishes and has risk management framework,
     prosedur manajemen risiko untuk mengidentifikasi, menilai,           policies, and procedures to identify, assess, control, mitigate,
     mengendalikan, memitigasi, memantau, dan melaporkan                  monitor, and report on specific risks for which the function is
     risiko tertentu yang menjadi tanggung jawab fungsi                   responsible. Provides overall risk governance and supervision
     tersebut. Menyediakan tata kelola risiko dan pengawasan              of risk management framework, including monitoring and
     secara keseluruhan atas kerangka kerja manajemen risiko,             reporting the Bank’s overall risk exposure. Reviews, analyzes,
     termasuk pemantauan dan pelaporan eksposur risiko                    and evaluates risk assessments and risk management’
     secara keseluruhan dari Bank. Mengkaji, menganalisis, dan            effectiveness carried out by Line 1; and
     mengevaluasi penilaian risiko serta efektivitas pengelolaan
     risiko yang dilakukan oleh Lini 1; dan
3. Lini 3: menyediakan reasonable assurance melalui penilaian          3. Line 3: provides reasonable assurance through independent
     independen, tinjauan dan validasi (kerangka kerja, kebijakan,        assessment, review, and validation (risk management
     dan perangkat manajemen risiko cukup kuat dan konsisten              framework, policies, and tools are quite strong and
     dengan standar peraturan yang berlaku, kontrol untuk                 consistent with applicable regulations’ standards, controls
     memitigasi risiko sudah cukup dan efektif dijalankan oleh Lini       to mitigate sufficient and effective risks implemented by Line
     1, pengawasan yang memadai oleh Lini 2 terhadap Lini 1).             1, adequate supervision by Line 2 against Line 1).


Evaluasi   penerapan    manajemen      risiko ditinjau dan             Evaluation of risk management implementation is reviewed and
dikomunikasikan melalui rapat-rapat secara berkala seperti             communicated through regular meetings such as through the
melalui rapat Komite Manajemen Risiko.                                 Risk Management Committee’s meetings.




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Stress Test                                                               Stress Test

Bank melakukan stress test secara berkala dan berkelanjutan               The Bank carries out stress tests periodically and continuously
untuk mengidentifikasi dan menyerap potensi risiko dari                   to identify and absorb potential risks from possible events or
kemungkinan kejadian atau perubahan pada kondisi-kondisi                  changes in future economic conditions, such as recession,
ekonomi di masa depan seperti terjadinya resesi, pasar keuangan           worsening financial markets, or specific events that could cause
yang memburuk, atau peristiwa spesifik yang dapat menimbulkan             economic loss to the Bank. The main purpose of stress test is to
kerugian ekonomis terhadap Bank. Tujuan utama dari stress                 evaluate the adequacy of Bank capital to absorb potential large
test adalah untuk mengevaluasi kecukupan modal Bank untuk                 losses that can arise and to identify steps that need to be taken
menyerap potensial kerugian besar yang dapat timbul dan                   to reduce risk and maintain capital at a safe level. In general,
untuk mengidentifikasi langkah-langkah yang perlu dilakukan               the scenario in the implementation of the stress test considers
untuk mengurangi risiko dan menjaga modal pada tingkat                    changes in several macroeconomic variables such as interest
yang aman. Secara umum, skenario dalam pelaksanaan stress                 rates, inflation rates, gross domestic product, exchange rates,
test mempertimbangkan perubahan pada beberapa variabel                    and others. Meanwhile, stress test specifically uses assumptions
makroekonomi seperti suku bunga, tingkat inflasi, produk                  from the Bank’s internal, such as large-scale withdrawals or a
domestik bruto, nilai tukar, dan lainnya. Sedangkan, stress test          decline in loan quality.
secara spesifik menggunakan asumsi dari internal Bank, seperti
penarikan dana besar-besaran atau penurunan kualitas kredit.



Struktur Organisasi Risk Management                                       Risk Management Organizational Structure

Bank Victoria memiliki struktur organisasi Risk Management                Bank Victoria has an adequate Risk Management organizational
yang memadai untuk mendukung penerapan manajemen risiko.                  structure to support the implementation of risk management.
Struktur organisasi Risk Management Bank dijelaskan sebagai               The Bank’s Risk Management organizational structure is as
berikut:                                                                  follows:
1. Komite Pemantau Risiko bertujuan untuk membantu                        1. Risk Monitoring Committee aims to assist the Board of
    Dewan Komisaris melaksanakan tugas dalam pemantauan                        Commissioners in performing its duties in monitoring the risk
    implementasi manajemen risiko dalam rangka mengevaluasi                    management implementation to evaluate the implementation
    pelaksanaan kebijakan manajemen risiko di tingkat eksekutif;               of risk management’s policies at executive level;
2. Komite Manajemen Risiko merupakan komite eksekutif                     2. The Risk Management Committee is an executive committee
    di bawah Direksi yang bertanggung jawab untuk                              under the Board of Directors that is responsible for ensuring
    memastikan efektivitas kerangka kerja manajemen risiko                     the effectiveness of risk management framework and
    dan implementasi dalam mendukung strategi bisnis.                          implementation in supporting business strategy. Risk
    Komite Manajemen Risiko juga bertanggung jawab untuk                       Management Committee is also responsible for evaluating
    mengevaluasi dan merekomendasikan kebijakan manajemen                      and recommending risk management policies, strategies,
    risiko, strategi, risk appetite, toleransi risiko, limit risiko,           risk appetite, risk tolerance, risk limits, risk management
    kerangka kerja manajemen risiko, dan rencana kontingensi                   framework, and contingency plans to anticipate abnormal
    untuk mengantisipasi kondisi abnormal, serta memastikan                    conditions, as well as ensuring risk exposure for all types of
    eksposur risiko untuk semua jenis risiko di Bank tetap sesuai              risk in the Bank remains appropriate with risk appetite;
    dengan risk appetite;
3. Komite Kredit merupakan suatu komite yang beranggotakan                3. Credit Committee is a committee consisting of authority
    pemegang kewenangan kredit/pemegang kewenangan                           holders of credit/authority holders to terminate credit,
    untuk melakukan pemutusan kredit termasuk restrukturisasi                including credit restructuring, that represents the function
    kredit yang mewakili fungsi Business Unit/Special Asset                  of Business Unit/Special Asset Management (SAM) Unit and
    Management (SAM) Unit dan Credit Risk Review Unit, di mana               Credit Risk Review Unit, in which the authority to terminate
    kewenangan memutus kredit tersebut melekat pada individu                 credit is attached to individual who has ability, competence,
    yang memiliki kemampuan, kompetensi, dan integritas;                     and integrity;
4. Komite Kebijakan Perkreditan merupakan komite                          4. Credit Policy Committee is a committee that assists the
    yang membantu Direksi dalam merumuskan kebijakan                         Board of Directors in formulating the Bank’s credit policy,
    perkreditan Bank agar pemberian kredit dilakukan dengan                  so as credit provision is carried out carefully, monitoring and
    hati-hati, memantau dan mengevaluasi pelaksanaan                         evaluating the implementation of the established Bank’s
    kebijakan perkreditan Bank yang telah dibuat, memonitor                  credit policies, monitoring the development and condition
    perkembangan dan kondisi portofolio kredit, serta                        of credit portfolio, and providing suggestions or solutions
    memberikan saran ataupun solusi sebagai langkah perbaikan                as improvement steps in the future. The Credit Policy
    ke depannya. Komite Kebijakan Perkreditan bertanggung                    Committee is responsible for supervising and approving




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




   jawab untuk mengawasi dan menyetujui kebijakan, prosedur                credit risk policies, procedures, and parameters, as well as
   dan parameter risiko kredit, serta mengawasi pengelolaan                overseeing the management and implementation of credit
   dan pelaksanaan kebijakan risiko kredit; dan                            risk policies; and
5. Risk      Management/Integrated        merupakan     satuan          5. The Risk Management/Integrated is an independent work
   kerja independen terhadap satuan kerja operasional                      unit against the operational work unit (risk-taking unit) and
   (risk taking unit) dan satuan kerja yang melaksanakan fungsi            a work unit that performs internal control function that is
   pengendalian internal yang bertanggung jawab kepada                     responsible to the Director in charge of risk management.
   Direktur yang membawahi manajemen risiko.


Uraian lengkap terkait Komite Pemantau Risiko, Komite                   Complete description regarding the Risk Monitoring Committee,
Manajemen Risiko, Komite Kredit, dan Komite Kebijakan                   Risk Management Committee, Credit Committee, and Credit
Perkreditan dapat dilihat pada bab Tata Kelola Perusahaan               Policy Committee can be seen in the Corporate Governance
dalam Laporan Tahunan ini.                                              chapter in this Annual Report.


Risk Management/Integrated                                              Risk Management/Integrated
Risk Management/Integrated merupakan satuan kerja                       The Risk Management/Integrated is an independent work unit
independen terhadap satuan kerja operasional dan satuan                 against operational work units and a work unit performing
kerja yang melaksanakan fungsi pengendalian internal.                   internal control functions. The Risk Management/Integrated is
Risk Management/Integrated dipimpin oleh seorang Kepala                 led by a Division Head who is directly responsible to the Director
Divisi dan bertanggung jawab langsung kepada Direktur                   of Compliance and Risk Management. The Risk Management/
Kepatuhan dan Manajemen Risiko. Risk Management/                        Integrated partners with all business units and supporting units
Integrated bekerja sama dengan seluruh unit bisnis dan                  to build a comprehensive process of identification, measurement,
unit pendukung untuk membangun secara komprehensif                      monitoring, control of risk and information systems. The Risk
dalam     melakukan   proses   identifikasi, pengukuran,                Management/Integrated becomes a strategic partner of the
pemantauan, pengendalian risiko dan sistem informasi,                   business units to optimize revenue and minimize potential losses
Risk Management/Integrated menjadi mitra strategis dari                 from the Bank’s operational functional activities.
unit-unit bisnis guna mengoptimalkan pendapatan dan
meminimalisir potensi kerugian dari aktivitas fungsional
operasional Bank.


Pedoman Risk Management/Integrated                                      Risk Management/Integrated Guidelines
Dalam melaksanakan tugas dan tanggung jawabnya,                         In performing its duties and responsibilities, the Risk
Risk Management/Integrated mengacu kepada Kebijakan dan                 Management/Integrated refers to Bank Victoria’s General Risk
Pedoman Umum Manajemen Risiko Bank Victoria pada tanggal                Management Policy and Guidelines on 30 September 2022,
30 September 2022 yang telah dikinikan menjadi mengenai                 updated to the General Risk Management Policy and Guidelines
pedoman Kebijakan dan Pedoman Umum Manajemen Risiko                     (Main Risk Management Framework Policy) on 31 January 2024.
(Kebijakan Utama Kerangka Kerja Manajemen Risiko) pada tanggal
31 Januari 2024.


Tugas dan Tanggung Jawab                                                Duties and Responsibilities of
Risk Management/Integrated                                              Risk Management/Integrated
Tugas dan tanggung jawab Risk Management/Integrated                     The duties and responsibilities of the Risk Management/
meliputi:                                                               Integrated include:
1. Memantau pelaksanaan strategi manajemen risiko yang                  1. Monitoring the implementation of risk management strategy
    telah disetujui oleh Direksi;                                           that has been approved by the Board of Directors;
2. Mengawasi dan menguji aktivitas pengambilan risiko dan               2. Supervise and examine risk taking activities and risk
    rencana remediasi risiko yang dibuat oleh Lini 1, termasuk              remediation plans created by Line 1, including new bank
    penyelenggaraan produk baru bank serta membuat                          products, and make recommendations or decisions to
    rekomendasi atau keputusan untuk menyetujui atau menolak                approve or reject activities/products as needed;
    aktivitas/produk sesuai kebutuhan;
3. Mengkaji ulang secara berkala terhadap proses manajemen              3. Periodically review the risk management process;
    risiko;
4. Memastikan dan memantau posisi risiko secara keseluruhan             4. Ensure and monitor the overall risk position (composite), per
    (composite), per jenis risiko, dan per jenis aktivitas fungsional      type of risk, and per type of functional activity in line with risk
    sejalan dengan risk appetite dan risk tolerance, serta                 appetite and risk tolerance, and perform stress testing;
    melakukan stress testing;




310       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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5. Memberikan rekomendasi kepada satuan kerja operasional                   5. Providing recommendation to the operational work
   (risk taking unit) dan/atau kepada Komite Manajemen                         unit (risk taking unit) and/or to the Risk Management
   Risiko sesuai kewenangan yang dimiliki, antara lain memuat                  Committee, in accordance with its authority, among others,
   rekomendasi yang terkait dengan besaran atau maksimum                       recommendations related to the amount or maximum risk
   eksposur risiko yang wajib dipelihara oleh Bank;                            exposure that must be maintained by the Bank;
6. Menyusun dan menyampaikan laporan profil risiko kepada                   6. Preparing and delivering the risk profile report to the
   Direktur Utama atau Direktur yang ditugaskan secara khusus,                 President Director or Director specifically in charge of, and
   juga kepada Komite Manajemen Risiko secara berkala; dan                     also the Risk Management Committee periodically; and
7. Melakukan evaluasi terhadap keakuratan model dan validitas               7. Evaluate the model accuracy and data validity used in
   data yang digunakan dalam mengukur risiko untuk keperluan                   measuring risk for internal purposes.
   internal.


Profil Kepala Divisi Risk Management/Integrated                             Profile of Head of Risk Management/Integrated
                                                                            Division
                                                Dasar Pengangkatan dan Periode Menjabat               Basis of Appointment and Term of Office
                                                Keputusan Direksi No. 001/SK-DIR/HCM/08/23            Board of Directors’ Decision No. 001/SK-DIR/
        SAM R SOELAEMAN
                                                tanggal 1 Agustus 2023.                               HCM/08/23 dated 1 August 2023.

Kepala Divisi Risk Management/Integrated        Riwayat Pendidikan                                    Education
Head of Risk Management/Integrated Division     Magister Manajemen dari Universitas Pancasila          Master of Management from Universitas
                                                Jakarta (2003).                                        Pancasila Jakarta (2003).

      Kewarganegaraan                           Rangkap Jabatan                                       Concurrent Positions
      Nationality                               Di dalam Bank Victoria:                               In Bank Victoria:
      Indonesia / Indonesian                    Tidak ada.                                            None.

      Tempat Lahir                              Di luar Bank Victoria:                                Outside of Bank Victoria:
      Place of Birth                            Tidak ada.                                            None.
      Cianjur
                                                Riwayat Jabatan                                       History of Positions
      Usia
                                                Memiliki pengalaman kerja dalam industri              Has work experience in banking industry since
      Age
                                                perbankan sejak tahun 1990 dan memegang               1990 and has held several important positions
      58 tahun / years old
                                                beberapa posisi penting di antaranya:                 including:
      Domisili                                  · Forex Trader PT ASEAM Indonesia (1990-1992);        · Forex Trader at PT ASEAM Indonesia (1990-
      Domicile                                                                                           1992);
      Bogor                                     · Treasury PT Bank Rama (1992-2001);                  · Treasury at PT Bank Rama (1992-2001);
                                                · Pemeriksa Specialist Treasury dan Manajemen         · Treasury and Risk Management Specialist
                                                  Risiko Bank Indonesia (2001-2004); dan                 Examiner at Bank Indonesia (2001-2004); and
                                                · Head of Market, Liquidity, & Treasury Credit Risk   · Head of Market, Liquidity, & Treasury Credit
                                                  Management PT Bank Maybank Indonesia Tbk               Risk Management at PT Bank Maybank
                                                  (2005-2022).                                           Indonesia Tbk (2005-2022).

                                                Sertifikasi                                           Certification
                                                · International Certificate in Banking Risk and       · International Certificate in Banking Risk
                                                  Regulation (ICBRR) dari Global Association            and Regulation (ICBRR) from the Global
                                                  of Risk Professional - Badan Sertifikasi              Association of Risk Professional - Risk
                                                  Manajemen Risiko (GARP-BSMR) (2009); dan              Management Certification Agency (GARP-
                                                                                                        BSMR) (2009); and
                                                · Sertifikasi Manajemen Risiko Level 6 dari           · Risk Management Certification Level 6 from
                                                  Lembaga Sertifikasi Profesi Perbankan (2023-          Banking Professional Certification Institute
                                                  2026).                                                (2023-2026).

                                                Hubungan Afiliasi                                     Affiliation Relationship
                                                Tidak memiliki hubungan afiliasi dengan               Does not have any affiliation with members
                                                anggota Dewan Komisaris, anggota Direksi, serta       of Board of Commissioners, members of
                                                Pemegang Saham Utama dan Pengendali.                  Board of Directors, and Main and Controlling
                                                                                                      Shareholders.



Laporan Singkat Pelaksanaan Kegiatan Tugas                                  Brief Report on the Implementation of
Risk Management/Integrated Tahun 2023                                       Risk Management/Integrated’ Duties in 2023
Di tahun 2023, Risk Management/Integrated telah melaksanakan                In 2023, the Risk Management/Integrated carried out its duties
beberapa kegiatan yang menjadi tugas dan tanggung jawabnya,                 and responsibilities, namely:
yaitu:
1. Melakukan kaji ulang terhadap profil risiko, faktor rentabilitas,        1. Reviewing the risk profile, earnings factor, capital factor, and
     faktor permodalan, dan eksposur risiko yang melekat pada                  risk exposure inherent in the Operational Unit;
     Satuan Kerja Operasional;




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       Struktur Permodalan dan Manajemen Risiko
       Capital Structure and Risk Management




2. Melakukan evaluasi dan menginikan kebijakan dan strategi              2. Evaluating and updating risk management policies and
   manajemen risiko menjadi Risk Management Framework yang                  strategies into Risk Management Framework approved by the
   telah disetujui oleh Direksi melalui Komite Manajemen Risiko;            Board of Directors through the Risk Management Committee;
3. Memantau eksposur risiko dan kepatuhan terhadap toleransi             3. Monitoring risk exposure and compliance with the established
   risiko dan limit yang telah ditetapkan, di antaranya melalui             risk tolerances and limits, including through reports and the
   laporan maupun Komite Manajemen Risiko, serta melakukan                  Risk Management Committee, as well as conducting stress
   stress testing;                                                          testing;
4. Melakukan kajian untuk usulan penyelenggaraan produk                  4. Reviewing proposed new products of the Bank;
   baru bank;
5. Menyusun dan menyampaikan laporan-laporan terkait                     5. Preparing and submitting reports related to risk management
   manajemen risiko sesuai dengan peraturan yang berlaku,                   in accordance with the applicable regulations, both to
   baik kepada pihak internal maupun regulator secara berkala;              internal parties and regulators, on a regular basis; and
   dan
6. Membuat beberapa kebijakan baru terkait dengan                        6. Creating several new policies related to market risk
   pengelolaan risiko pasar.                                                management.


Pelatihan dan/atau Peningkatan Risk                                      Risk Management/Integrated Training and/or
Management/Integrated                                                    Development Programs
Selama tahun 2023, Risk Management/Integrated telah                      Throughout 2023, the Risk Management/Integrated attended
mengikuti pelatihan dan/atau peningkatan kompetensi sebagai              training and/or competency developments as follows:
berikut:
1. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria);             1. Dissemination of Risk Register Policy (by Bank Victoria);
2. Expert Sharing Session - Keuangan Berkelanjutan (oleh                 2. Expert Sharing Session - Sustainable Finance (by Otoritas
    Otoritas Jasa Keuangan Institute);                                      Jasa Keuangan Institute);
3. Induction Training Program (oleh Bank Victoria); dan                  3. Induction Training Program (by Bank Victoria); and
4. Team Building dan Outbond: Change the Future (oleh                    4. Team Building and Outbound: Change the Future (by Bank
    Bank Victoria).                                                         Victoria).



Sertifikasi Manajemen Risiko                                             Risk Management Certification

Bank telah melibatkan jajaran manajemen dalam program                    The Bank involved the management in a risk management
sertifikasi manajemen risiko dan menyelenggarakan pelatihan              certification program, also conducted refreshment training
penyegaran bagi yang telah lulus program sertifikasi manajemen           for those who have passed the risk management certification
risiko. Informasi terkait sertifikasi manajemen risiko di tahun          program. The information related to risk management
2023 sebagai berikut:                                                    certification in 2023 is as follows:


                  Dewan Komisaris                  Direksi            Pejabat Eksekutif        Lain-Lain
   Level                                                                                                                Total
               Board of Commissioners         Board of Directors      Executive Officers        Others
      I                     -                          -                         1                177                    178

      II                    1                          -                         2                 63                     66

      III                   -                          -                        14                 31                     45

      IV                    -                          -                         8                  6                     14

      V                     2                          5                         2                   -                     9

   Total                    3                          5                        27                277                    312




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Pengungkapan Eksposur Risiko
Disclosure of Risk Exposure



Bank menyadari bahwa risiko dapat memengaruhi kegiatan                 The Bank recognizes that risks can affect business activities and
usaha, meningkatkan kebutuhan praktik GCG, termasuk fungsi             increase the needs for GCG practices, including risk identification,
identifikasi, pengukuran, pemantauan, dan pengendalian risiko.         measurement, monitoring, and control functions. Bank risk
Pengelolaan risiko Bank dipengaruhi oleh faktor-faktor internal        management is influenced by internal and external factors which
dan eksternal yang mencakup namun tidak terbatas pada                  include but are not limited to the Bank’s business operations and
operasional bisnis Bank dan ketentuan regulator.                       regulatory provisions.



Risiko Kredit                                                          Credit Risk
Risiko kredit merupakan risiko kegagalan pihak lain dalam              Credit risk is the risk of failure of other parties in fulfilling
memenuhi kewajiban kepada Bank, termasuk risiko kredit akibat          obligations to the Bank, including credit risk due to debtor failure,
kegagalan debitur, risiko konsentrasi kredit, counterparty credit      credit concentration risk, counterparty credit risk, settlement
risk, settlement risk, dan country risk.                               risk, and country risk.


Tujuan dari manajemen risiko kredit adalah untuk memastikan            The credit risk management is aimed to ensure that the Bank’s
aktivitas penyediaan dana Bank tidak terekspos pada risiko kredit      fund provision activities are not exposed to credit risk which
yang dapat menimbulkan kerugian pada Bank.                             could cause losses to the Bank.


Pengungkapan Eksposur Manajemen Risiko Kredit                          Disclosure of Credit Risk Management Exposure
1. Risiko Kredit secara Umum (CRA)                                     1. General Credit Risk (CRA)
   a. Model Bisnis tercermin dalam Komponen Profil Risiko                 a. Business Model is reflected in the Bank’s Credit Risk
       Kredit Bank                                                           Profile Component
       Penerapan manajemen risiko Bank untuk risiko kredit                   The Bank’s risk management implementation for credit
       secara prinsip mengacu pada peraturan regulator dan                   risk in principle refers to the applicable regulatory
       ketentuan yang berlaku serta market practices yang                    regulations and provisions, as well as market practices
       disesuaikan dengan tujuan, kebijakan, ukuran, dan                     adapted to the objectives, policies, size, and complexity
       kompleksitas bisnis Bank untuk mencapai pertumbuhan                   of the Bank’s business, in order to achieve healthy
       bisnis yang sehat dan berkelanjutan serta menjaga agar                and sustainable business growth and ensure that it
       dapat menghasilkan return yang optimal sesuai dengan                  can produce optimal returns in accordance with the
       risk appetite dan risk tolerance yang telah ditetapkan.               established risk appetite and risk tolerance.


        Dalam menjalankan strategi Bank sejalan dengan visi                    In carrying out the Bank’s strategy in line with vision
        dan misi sebagai acuan dalam mengambil keputusan                       and mission as a reference in making decisions and
        serta menjalankan kegiatan operasional Bank, strategi                  carrying out the Bank’s operational activities, the credit
        manajemen risiko kredit yang dilakukan oleh Bank untuk                 risk management strategy carried out by the Bank to
        menjaga risiko kredit, di antaranya sebagai berikut:                   maintain credit risk, includes the following:
        1) Bank menjaga tingkat risiko kredit dengan mitigasi                  1) The Bank maintains credit risk levels with adequate
            yang memadai untuk mencapai tujuan strategis; dan                       mitigation to achieve strategic objectives; and
        2) Pertumbuhan/peningkatan portofolio kredit dengan                    2) Growth/increase in credit portfolio with due
            memperhatikan kecukupan modal dalam kondisi                             observance of the capital adequacy in normal
            normal dan skenario stress.                                             conditions and stress scenarios.


        Strategi manajemen risiko disusun untuk memastikan                     Risk management strategy is prepared to ensure that
        bahwa eksposur risiko dikelola secara terkendali sesuai                risk exposure is managed in a controlled manner in
        dengan kebijakan kredit, prosedur internal, peraturan                  accordance with credit policies, internal procedures,
        dan perundang-undangan, serta ketentuan lain yang                      rules and regulations, and other applicable provisions.
        berlaku.




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       Capital Structure and Risk Management




  b.    Kebijakan Manajemen Risiko untuk Risiko Kredit dan                 b.   Risk Management Policy for Credit Risk and Credit Risk
        Limit Risiko Kredit                                                     Limit
        Kebijakan manajemen risiko untuk risiko kredit merupakan                Risk management policy for credit risk is written direction
        arahan tertulis dalam menerapkan manajemen risiko                       in implementing risk management for credit risk by
        untuk risiko kredit dengan memperhatikan karakteristik                  considering business activities’ characteristics and
        dan kompleksitas kegiatan usaha, tingkat risiko yang                    complexity, level of risk to be taken and risk tolerance,
        akan diambil dan toleransi risiko, profil risiko serta                  risk profile and regulations set by authorities and/or
        peraturan yang ditetapkan otoritas dan/atau praktik                     sound banking practices, as in including controlling credit
        perbankan yang sehat, seperti di antaranya pengendalian                 concentration risk and/or by diversifying credit portfolio
        risiko konsentrasi kredit dan/atau dengan melakukan                     and spreading risks arising from various industrial sectors
        diversifikasi portofolio kredit dan penyebaran risiko yang              or economic sector. Regarding this matter, the Bank
        timbul dari berbagai sektor industri atau sektor ekonomi.               conducts:
        Terkait hal ini, Bank di antaranya melakukan:
        1) Penetapan limit berdasarkan sektor ekonomi atas                      1) Establishment of limit based on the economic sector
             analisa makro ekonomi dan karakteristik Bank;                         of the macroeconomic analysis and the Bank’s
                                                                                   characteristics;
        2) Analisa risiko konsentrasi kredit dilakukan                          2) Credit concentration risk analysis is conducted
           sesuai portofolio yang dikelola Bank dengan                             according to the portfolio managed by the Bank by
           mempertimbangkan berbagai dampak perubahan                              considering various impacts of changes in economic
           dari indikator ekonomi yang dapat memengaruhi                           indicators that can affect lending on certain
           pemberian kredit pada sektor ekonomi tertentu; dan                      economic sector; and
        3) Analisa pergerakan kualitas kredit seperti                           3) Analysis of credit quality movements, such as non-
           non-performing loan.                                                    performing loans.


        Penetapan limit dilakukan secara komprehensif atas                      Limit is established comprehensively for all aspects
        seluruh aspek yang terkait dengan risiko, yang mencakup                 related to risk, which includes limits per Bank business
        limit per aktivitas bisnis Bank. Limit digunakan sebagai                activity. Limits are used as thresholds to determine the
        ambang batas untuk menentukan tingkat intensitas                        level of risk mitigation intensity to be implemented by
        mitigasi risiko yang akan dilaksanakan manajemen.                       the management.


  c.    Struktur Organisasi Manajemen Risiko Kredit                        c. Organizational Structure of Credit Risk Management
        Penerapan manajemen risiko kredit di Bank Victoria                    The implementation of credit risk management at
        dilakukan melalui desain struktur organisasi yang                     Bank Victoria is carried out through the design of an
        menggambarkan keterlibatan seluruh pihak yang terkait                 organizational structure that describes the involvement
        manajemen risiko kredit sebagai berikut:                              of all parties related to credit risk management as follows:
        1) Dewan Komisaris berperan dalam menyetujui rencana               1) The Board of Commissioners plays a role in approving
            kredit tahunan Bank dan mengawasi pelaksanaannya,                 the Bank’s annual credit plan and supervising its
            menyetujui kebijakan perkreditan Bank, meminta                    implementation, approving the Bank’s credit policy,
            penjelasan dan tanggung jawab kepada Direksi                      asking for explanation and accountability from the Board
            jika dalam pelaksanaan pemberian kredit terdapat                  of Directors if there is a deviation from the stipulated
            penyimpangan dari kebijakan yang telah ditetapkan;                policy in the provision of credit;
        2) Direksi berperan dalam menyusun rencana dan                     2) The Board of Directors plays a role in preparing credit
            kebijakan perkreditan, memastikan kepatuhan Bank                  plans and policies, ensuring the Bank’s compliance
            terhadap ketentuan perundang-undangan dan                         with the laws and regulations applicable in credit
            peraturan yang berlaku di bidang perkreditan dan                  sector and credit policies, and reporting to the Board
            kebijakan perkreditan, serta melaporkan kepada                    of Commissioners on credit plan implementation,
            Dewan Komisaris mengenai pelaksanaan rencana                      irregularities in the implementation of credit extension,
            perkreditan, penyimpangan dalam pelaksanaan                       development of credit and credit portfolio quality under
            pemberian kredit, perkembangan kualitas portofolio                special mention or nonperforming;
            kredit dan kredit dalam pengawasan khusus atau
            bermasalah;
        3) Lini Pertahanan Pertama, terdiri dari Divisi Bisnis,            3) The First Line of Defense, consists of the Business Division,
            Divisi Credit Risk Review, Divisi Loan & Trade                    Credit Risk Review Division, Loan & Trade Operations
            Operations, dan Divisi Special Asset Management. Lini             Division, and Special Asset Management Division. The
            Pertahanan Kedua terdiri dari Divisi Credit Monitoring            Second Line of Defense consists of the Credit Monitoring
            dan Collection dan Divisi Corporate Legal;                        and Collection Division and Corporate Legal Division;




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     4) Credit Legal Unit; Divisi Compliance and System                  4) Credit Legal Unit; Compliance Division, and System
        Procedure; dan Divisi Risk Management/Integrated;                   Procedure; and Risk Management/Integrated Division;
        dan                                                                 and
     5) Lini Pertahanan Ketiga adalah Divisi SKAI & Anti                 5) The Third Line of Defense is the SKAI & Anti-Fraud
        Fraud.                                                              Division.


     Selain itu, Bank juga dibantu oleh komite-komite                    Furthermore, the Bank is also assisted by executive
     eksekutif seperti:                                                  committees such as:
     1) Komite Kredit;                                                   1) Credit Committee;
     2) Komite Kebijakan Perkreditan; dan                                2) Credit Policy Committee; and
     3) Komite Manajemen Risiko.                                         3) Risk Management Committee.


d. Hubungan antara Fungsi Manajemen Risiko untuk Risiko              d. Relationship between Risk Management Function for Credit
   Kredit, Pengendalian Risiko, Kepatuhan, dan Audit Internal           Risk, Risk Control, Compliance, and Internal Audit
   Penerapan manajemen risiko bermanfaat untuk                          Risk management is useful to analyze the possible risks
   melakukan analisis kemungkinan adanya risiko yang                    that may be faced in the present or future, with the aim of
   akan dihadapi saat ini maupun yang akan datang dengan                enabling the Bank to identify any potential risks that may
   tujuan agar Bank mampu mengidentifikasi setiap risiko                arise and have a significant impact.
   yang berpotensi muncul dan berdampak signifikan.


     Secara internal, efektivitas penerapan manajemen                         Internally, the effectiveness of credit risk management
     risiko kredit juga didukung oleh unit independen lainnya                 implementation is also supported by other independent
     seperti Compliance dan SKAI & Anti Fraud. Dalam hal                      units, such as the Compliance and SKAI & Anti-Fraud. In
     ini, Compliance melakukan fungsinya untuk memastikan                     this matter, the Compliance performs its function to ensure
     kebijakan dan penerapan manajemen risiko telah sesuai                    that risk management policies and implementation are
     ketentuan yang berlaku. Sementara itu, SKAI & Anti Fraud                 in accordance with the applicable regulations. Whereas,
     secara rutin melakukan peninjauan ulang dan audit terhadap               the SKAI regularly reviews and audits the Bank’s risk
     penerapan manajemen risiko Bank berdasarkan risk-based                   management implementation on a risk-based audit principle
     audit dengan tujuan sebagai pengendalian internal serta                  with the objective as internal control and continuous
     perbaikan penerapan manajemen risiko secara terus                        improvement of risk management implementation.
     menerus. Adapun evaluasi efektivitas sistem manajemen                    The risk management system effectiveness is externally
     risiko secara eksternal dilakukan oleh auditor eksternal                 evaluated by external auditors and regulators. Evaluation
     maupun regulator. Evaluasi penerapan manajemen risiko                    of risk management implementation is reviewed and
     ditinjau dan dikomunikasikan melalui rapat-rapat secara                  communicated through regular meetings, such as through
     berkala, seperti melalui rapat Komite Manajemen Risiko.                  the Risk Management Committee’s meetings.


e.   Cakupan dan Informasi Utama dari Pelaporan Eksposur                 e.   Scope and Key Information from the Reporting of Credit
     Risiko Kredit dan Fungsi Manajemen Risiko untuk                          Risk Exposure and Risk Management Function for Credit
     Risiko Kredit kepada Direksi dan Dewan Komisaris                         Risk to the Board of Directors and Board of Commissioners
     Pengungkapan eksposur risiko kredit dengan pendekatan                    Disclosure of credit risk exposure with a standardized
     standar risiko kredit berpedoman pada Peraturan                          approach of credit risk refers to the Financial Services
     Otoritas Jasa Keuangan No. 27 Tahun 2022 tentang                         Authority Regulation No. 27 of 2022 on Second
     Perubahan Kedua atas Peratuan Otoritas Jasa Keuangan                     Amendment to Financial Services Authority Regulation
     No. 11/POJK.03/2016 tentang Kewajiban Penyediaan                         No. 11/POJK.03/2016 on Capital Adequacy Ratio for
     Modal Minimum bagi Bank Umum dan Surat Edaran                            Commercial Banks and Financial Services Authority
     Otoritas Jasa Keuangan No. 48/SEOJK.03/2017 tentang                      Circular No. 48/SEOJK.03/2017 on Guidelines for
     Pedoman Perhitungan Tagihan Bersih Transaksi Derivatif                   Calculating Net Receivables for Derivative Transactions
     dalam Perhitungan Aset Tertimbang Menurut Risiko                         in Calculating Risk-Weighted Assets for Credit Risk by
     untuk Risiko Kredit dengan Menggunakan Pendekatan                        Using a Standardized Approach, and Financial Services
     Standar, dan Surat Edaran Otoritas Jasa Keuangan                         Authority Circular No. 24/SEOJK.03/2021 on Guidelines
     No. 24/SEOJK.03/2021 Pedoman Perhitungan Aset                            for Calculating Risk-Weighted Assets for Credit Risk by
     Tertimbang Menurut Risiko untuk Risiko Kredit dengan                     Using Standardized Approach for Commercial Banks.
     Menggunakan Pendekatan Standar bagi Bank Umum.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




       Terkait pengungkapan, Bank senantiasa menerapkan                        Regarding disclosure, the Bank always implements
       kebijakan dan mengedepankan prinsip kehati-hatian                       policies and prioritizes the prudential principles in
       dalam mitigasi risiko kredit. Dalam hal ini, Bank telah                 mitigating credit risk. Regarding this matter, the Bank
       memuat informasi berikut dalam Lampiran Pengungkapan                    has included the following information in the Appendix
       Kuantitatif Eksposur Risiko untuk CRA:                                  on Quantitative Disclosure of Risk Exposure for CRA:
       1) Tabel Pengungkapan Kualitas Kredit atas Aset (CR1);                  1) Table of Disclosure of Credit Quality over Asset (CR1);
       2) Tabel Pengungkapan Mutasi Kredit dan Surat Berharga                  2) Table of Disclosure of Changes in Matured Loans and
           yang telah Jatuh Tempo (CR2);                                           Securities (CR2);
       3) Tabel Pengungkapan Kuantitatif terkait Teknik MRK                    3) Table of Disclosure of Quantitative related to MRK
           (CR3);                                                                  Techniques (CR3);
       4) Tabel Pengungkapan Eksposur Risiko Kredit dan                        4) Table of Disclosure of Credit Risk Exposure and
           Dampak Teknik MRK (CR4); dan                                            Impact of MRK Techniques (CR4); and
       5) Tabel Pengungkapan Eksposur berdasarkan Kelas Aset                   5) Table of Disclosure of Exposure by Asset Class and
           dan Bobot Risiko (CR5).                                                 Risk Weight (CR5).


2. Pengungkapan Tambahan terkait Kualitas Kredit atas Aset            2. Additional Disclosures regarding Credit Quality over Asset
   (CRB)                                                                 (CRB)
   a. Tagihan yang Jatuh Tempo dan Tagihan yang Mengalami                a. Matured Receivables and Impaired Receivables
      Penurunan Nilai/Impairment
      Bank menerapkan kebijakan tentang tagihan yang jatuh                     The Bank implements policies regarding due receivables
      tempo dan tagihan yang mengalami penurunan nilai                         and impaired receivables, which include:
      atau impairment, yang meliputi:
      1) Tagihan yang telah jatuh tempo, merupakan tagihan                     1) Matured receivable is a bill that has been overdue
           yang telah jatuh tempo lebih dari 90 hari, baik atas                   more than 90 days, either on the payments of
           pembayaran pokok dan/atau pembayaran bunga; dan                        principal and/or interest; and
      2) Tagihan yang mengalami penurunan nilai, yaitu suatu                   2) Impaired receivable is a condition in which there is
           kondisi, di mana terdapat bukti objektif terjadinya                    objective evidence of an adverse event occurring as
           peristiwa yang merugikan sebagai akibat dari satu                      a result of one or more events occurring after the
           atau lebih peristiwa yang terjadi setelah pengakuan                    initial recognition of such credit, and such adverse
           awal kredit tersebut, dan peristiwa yang merugikan                     event has an impact on the estimated future cash
           tersebut berdampak pada estimasi arus kas masa                         flow of a financial asset or group of financial assets
           datang atas aset keuangan atau kelompok aset                           that can be estimated reliably.
           keuangan yang dapat diestimasi secara andal.
   b. Pendekatan yang Digunakan dalam Pembentukan                         b.   Approach Used in the Formation of Allowance for
      Cadangan Kerugian Penurunan Nilai                                        Impairment Losses
      Dalam mengestimasi Cadangan Kerugian Penurunan                           In estimating Allowance for Impairment Losses
      Nilai (CKPN) atas aset keuangan, Bank telah menerapkan                   (CPKN) on financial assets, the Bank has implemented
      Pernyataan Standar Akuntansi Keuangan (PSAK) 71                          Statement of Financial Accounting Standard (PSAK) 71
      tentang “Instrumen Keuangan” sejak tanggal 1 Januari                     on “Financial Instrument” since 1 January 2020. PSAK
      2020. Dalam PSAK 71 ini memperkenalkan metode                            71 introduces a method for the expected credit losses in
      kerugian kredit ekspektasian dalam mengukur kerugian                     measuring financial instrument losses due to impairment
      instrumen keuangan akibat penurunan nilai instrumen                      of financial instruments, which is the convergence of
      keuangan yang merupakan konvergensi International                        International Financial Accounting Standard 9 - Financial
      Financial Accounting Standard 9 – Financial Instrument di                Instruments in Indonesia, and in PSAK 71, the principle of
      Indonesia, di mana dalam PSAK 71 menggunakan prinsip                     Forward-Looking Expected Credit Loss (ECL) is used.
      Forward-Looking Expected Credit Loss (ECL).


        Permodelan parameter yang digunakan Bank seperti                       The modeling parameters used by the Bank, such as
        probability of default, loss given default, dan exposure               probability of default, loss given default, and exposure at
        at default komponen perhitungan kerugian kredit                        default, are components for calculating expected credit
        ekspektasian.                                                          losses.


        Dalam menghitung kerugian kredit ekspektasian,                         In calculating the expected credit losses, the Bank
        Bank memperhitungkan pengaruh dari beberapa                            calculates the effects of several macroeconomic
        macroeconomic forecast dalam permodelan impairment                     forecasts in the impairment modeling in PSAK 71.
        di PSAK 71.




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       CKPN dalam PSAK 71 memiliki 3 (tiga) stages berdasarkan                  CKPN in PSAK 71 has 3 (three) stages based on level of
       tingkat risiko dari rendah hingga tinggi yang diklasifikasi              risk from low to high which are classified as follows:
       sebagai berikut:
       1) Stage 1 (Performing)                                                  1) Stage 1 (Performing)
           Tidak ada peningkatan risiko kredit dan aset                            There is no increase in credit risk and financial assets.
           keuangan. Contohnya, pinjaman yang tidak pernah                         For example, a loan that is never late in payment.
           terlambat dalam pembayaran. Expected Credit Loss                        Expected Credit Loss (ECL) is estimated within 12
           (ECL) diperkirakan dalam waktu 12 bulan.                                months;
       2) Stage 2 (Under-Performing)                                            2) Stage 2 (Under-Performing)
           Risiko kredit dan aset keuangan meningkat signifikan.                   Credit risk and financial assets have increased
           Contohnya, pinjaman yang telah terlambat dalam                          significantly. For example, a loan that is overdue
           pembayaran lebih dari 30 hari, tapi belum masuk                         by more than 30 days, but has not met the Stage 3
           dalam kriteria stage 3. Expected Credit Loss (ECL)                      criteria. Expected Credit Loss (ECL) is estimated up
           diperkirakan hingga waktu jatuh tempo akhir                             to the final maturity time (lifetime).
           (lifetime).
       3) Stage 3 (Non-Performing)                                              3) Stage 3 (Non-Performing)
           Kredit dan aset keuangan yang mengalami penurunan                       Loans and financial assets that have experienced a
           nilai dengan tajam disertai riwayat keterlambatan                       sharp impairment accompanied by a history of late
           pembayaran. Expected Credit Loss (ECL) diakui hingga                    payments. Expected Credit Loss (ECL) is recognized
           waktu jatuh tempo akhir (lifetime).                                     up to the final maturity time (lifetime).


       Dalam hal ini, Bank telah memuat informasi berikut dalam                 Regarding this matter, the Bank has included the
       Lampiran Pengungkapan Kuantitatif Eksposur Risiko                        following information in the Appendix on Quantitative
       untuk CRB:                                                               Disclosure of Risk Exposure for CRB:
       1) Tabel Pengungkapan Tagihan Bersih berdasarkan                         1) Table of Disclosure of Net Receivables by Area of the
           Wilayah Bank secara Individual;                                           Bank, Individually;
       2) Tabel Pengungkapan Tagihan Bersih berdasarkan                         2) Table of Disclosure of Net Receivables by Remaining
           Sektor Ekonomi Bank secara Individual;                                    Contract Period of the Bank, Individually;
       3) Tabel Pengungkapan Tagihan Bersih berdasarkan                         3) Table of Disclosure of Net Receivables by Economic
           Sisa Jangka Waktu Kontrak secara Individual;                              Sector of the Bank, Individually;
       4) Tabel Pengungkapan Tagihan dan Pencadangan                            4) Table of Disclosure of Receivables and Allowances by
           berdasarkan Wilayah Bank secara Individual;                               Area of the Bank, Individually;
       5) Tabel Pengungkapan Tagihan dan Pencadangan                            5) Table of Disclosure of Receivables and Allowances by
           berdasarkan Sektor Ekonomi Bank secara Individual;                        Economic Sector of the Bank, Individually; and
           dan
       6) Tabel Pengungkapan Tagihan berdasarkan Hari                           6) Table of Disclosure of Receivables by Days Past Due.
           Tunggakan.


3. Pengungkapan Tambahan terkait Perlakuan terhadap Aset                3. Additional Disclosures regarding Treatment of Non-
   Bermasalah (CRB-A)                                                      Performing Assets (CRB-A)
   a. Aset Non-Performing                                                  a. Non-Performing Assets
      Aset non-performing merupakan aset dengan kualitas                       Non-performing assets are assets of substandard,
      kurang lancar, diragukan, dan macet yang umumnya terjadi                 doubtful, and loss, which generally occur in credit
      pada kegiatan perkreditan. Penyelesaian aset bermasalah                  activities. Settlement of non-performing assets for
      bagi debitur dilakukan sesuai dengan pola pengelolaan                    debtors is carried out in accordance with management
      dan penyelesaian sesuai ketentuan yang berlaku. Aset                     and settlement patterns with due observance of the
      yang telah dikategorikan bermasalah ditangani melalui                    applicable regulations. Assets categorized as non-
      pembinaan, penyelamatan, serta penyelesaian secara                       performing are handled through couching, rescue, and
      sukarela. Pelaporan aset bermasalah dilakukan oleh divisi                voluntary settlement. Reporting of non-performing assets
      Special Asset Management.                                                is carried out by the Special Asset Management division.
      Dalam usahanya, Bank melakukan penanganan aset                           In its business, the Bank handles non-performing assets
      bermasalah secara persuasif serta menghindari risiko                     persuasively and avoids risks to the Bank’s reputation,
      reputasi Bank, maka sebelum melakukan tindakan-                          thus, the debtor is first summoned by using a maximum
      tindakan lebih lanjut dilakukan pemanggilan atas debitur                 of 3 (three) warning letters prior to taking further actions.
      terlebih dahulu dengan menggunakan surat peringatan
      maksimal 3 (tiga) kali.




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        Struktur Permodalan dan Manajemen Risiko
        Capital Structure and Risk Management




         Kategori kredit korporasi pada Bank terbagi atas beberapa           The corporate credit category at the Bank is divided into
         segmen, di antaranya sebagai berikut:                               several segments, including the following:
         1) Large commercial, kredit dengan tujuan usaha                     1) Large commercial, credit for business (productive)
             (produktif) dengan total plafon di atas Rp150.000                   purposes with a total credit above Rp150,000 million;
             juta;
         2) Commercial, kredit dengan tujuan usaha (produktif)               2) Commercial, credit for business (productive) purposes
             dengan total plafon di atas Rp50.000 juta-Rp150.000                with a total credit above Rp50,000-Rp150,000 million;
             juta;
         3) Small, Medium, Enterprise (SME), kredit dengan                   3) Small, Medium, Enterprise (SME), credit for business
             tujuan usaha (produktif) dengan total plafon sampai                 purposes (productive) with a total credit of up to
             dengan Rp50.000 juta;                                               Rp50,000 million;
         4) Business Linkage, kredit yang ditujukan pada                     4) Business Linkage, credit aimed at automotive multi-
             perusahaan multifinance otomotif, baik executing,                   finance companies, including executing, channeling, and
             channeling, dan joint financing, serta perusahaan                   joint financing, as well as non-automotive multi-finance
             multifinance non-otomotif, seperti BPR dan koperasi.                companies, such as BPRs and cooperatives.
         Kategori kredit ritel pada Bank, di antaranya adalah                Retail credit categories at the Bank include consumer
         segmen consumer yang diberikan kepada perorangan dan                segment given to individuals and submitted as a group.
         diajukan secara kelompok.


   b.    Aset yang Direstrukturisasi                                    b.   Restructured Assets
         Aset yang direstrukturisasi umumnya dilakukan pada                  Restructuring assets are generally carried out in credit
         kegiatan perkreditan merupakan upaya yang dilakukan                 activities, which is the Bank’s effort in credit activities for
         Bank dalam kegiatan perkreditan terhadap debitur yang               debtors with difficulty on fulfilling their obligations. The
         mengalami kesulitan untuk memenuhi kewajibannya.                    Bank can carry out credit restructuring for debtors with good
         Restrukturisasi kredit dapat dilakukan Bank terhadap                business prospects but are experiencing difficulties in paying
         debitur yang masih mempunyai prospek usaha yang baik                principal and/or interest. Restructuring activities can be in
         tetapi mengalami kesulitan pembayaran pokok dan/atau                the form of:
         bunga. Kegiatan restrukturisasi dapat berupa:
         1) Penjadwalan kembali (rescheduling), terkait perubahan            1) Rescheduling, related to changes in payment schedule
             jadwal pembayaran dan/atau jangka waktu;                           and/or time period;
         2) Persyaratan kembali (reconditioning), terkait
             perubahan sebagian atau seluruh syarat kredit yang              2) Reconditioning, related to changes in part or all of the
             tidak terbatas pada jadwal pembayaran, jangka                      credit terms not limited to payment schedules, time
             waktu, dan/atau persyaratan lainnya sepanjang tidak                periods, and/or other terms as long as they do not
             menyangkut perubahan maskimum saldo kredit; dan                    involve changes to the maximum credit balance; and
         3) Penataan kembali (restructuring), terkait perubahan
             syarat kredit yang menyangkut penambahan dana,                  3) Restructuring, related to changes in credit terms
             konversi tunggak bunga menjadi pokok kredit                        involving additional funds, conversion of interest arrears
             baru, dan konversi kredit menjadi penyertaan                       into new credit principal, and conversion of credit into
             dalam perusahaan dengan bentuk reorganisasi,                       investment in the Company in form of reorganization,
             venture capital, management participation, dan                     venture capital, management participation, and
             management consultation.                                           management consultation.


         Dalam hal ini, Bank telah memuat informasi berikut                  Regarding this matter, the Bank has included the following
         dalam Lampiran Pengungkapan Kuantitatif Eksposur                    information in the Appendix on Quantitative Disclosure of
         Risiko untuk CRB-A:                                                 Risk Exposure for CRB-A:
         Tabel Pengungkapan Tambahan terkait Perlakuan                       Table of Additional Disclosures regarding Treatment of Non-
         terhadap Aset Bermasalah (CRB-A).                                   Performing Assets (CRB-A).


4. Pengungkapan terkait Teknik MRK (CRC)                                4. Disclosures related to MRK Techniques (CRC)
   a. Kebijakan dan Proses terkait Evaluasi dan Manajemen                  a. Policies and Processes related to Collateral Evaluation
      Agunan                                                                   and Management
      Bank didukung oleh analisa kelayakan debitur dalam                       The Bank is supported by debtor feasibility analysis in
      pemberian fasilitas kredit. Hal tersebut bertujuan untuk                 granting credit facilities. This matter is aimed at assessing
      menilai kemampuan debitur dalam mengembalikan                            the debtor’s ability in returning all of its obligations. As
      seluruh kewajibannya. Sebagai jaminan kredit, Bank                       credit collateral, the Bank accepts collateral that meets




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        menerima agunan yang memenuhi kriteria, seperti                          the criteria, such as having economic value, marketable,
        mempunyai nilai ekonomis, marketable, transferable,                      transferable, and having juridical value. In practice,
        serta mempunyai nilai yuridis. Dalam praktiknya,                         collateral is needed as a second way out, in the event
        diperlukan agunan sebagai second way out, dalam hal                      that the debtor is unable to repay his obligations.
        debitur tidak mampu mengembalikan kewajibannya.


        Pengelolaan agunan merupakan perangkat pengendalian                      Collateral management is a risk control tool implemented
        risiko yang diterapkan oleh Bank guna melakukan                          by the Bank to mitigate credit risk in order to minimize
        mitigasi risiko kredit untuk meminimalisir dampak dari                   the impact of the arising risks.
        risiko yang terjadi.
   b.   Konsentrasi Risiko Kredit atas Instrumen yang digunakan             b.   Concentration of Credit Risk on Instruments used as MRK
        sebagai Teknik MRK                                                       Techniques
        Pihak-pihak utama pemberi jaminan/garansi dan                            The main parties are the provider of collateral/guarantee
        kelayakan kredit (credit worthiness) merupakan                           and credit worthiness, which is the ability of the Company
        kemampuan perusahaan untuk memenuhi kewajibannya                         to fulfill its credit obligations to the Bank. The main
        terhadap Bank. Fokus utamanya terletak pada risiko,                      focus lies in risk, including liquidity and solvency analysis.
        meliputi analisis likuiditas maupun solvabilitas. Alat                   The credit analysis tool and its criteria for assessment of
        analisis kredit dan kriterianya untuk penilaian seperti di               among others type and purpose of the debt contract.
        antaranya jenis kredit dan tujuan kontrak utangnya.


        Tingkat konsentrasi yang ditimbulkan dari penggunaan                     The concentration level arising from the use of credit risk
        teknik mitigasi risiko kredit konsentrasi pada sektor atau               mitigation techniques concentration on sector or loan
        portofolio kredit Bank dilakukan dengan pengelolaan                      portfolio of the Bank is carried out by managing credit
        risiko konsentrasi kredit melalui penentuan limit untuk                  concentration risk through setting limit for industrial
        sektor industri atau portofolio kredit pada suatu tingkat                sector or loan portfolio of an acceptable level of risk/risk
        risiko/risk appetite dan risk tolerance yang dapat                       appetite and risk tolerance. This matter aims to support
        diterima. Hal tersebut bertujuan untuk mendukung                         sound credit growth by prioritizing prudential principles.
        pertumbuhan kredit yang sehat dengan mengedepankan
        pada prinsip-prinsip kehati-hatian.


5. Pengungkapan Penggunaan Peringkat Kredit Eksternal                   5. Disclosure of Use of External Credit Ratings (CRD)
   (CRD)
   a. Lembaga Pemeringkat yang digunakan Bank                               a.   Rating Agency used by the Bank
      Bank menggunakan peringkat yang diterbitkan                                The Bank uses ratings issued by rating agencies that
      oleh lembaga pemeringkat yang diakui sesuai                                are recognized in accordance with Financial Services
      dengan Peraturan Otoritas Jasa Keuangan seperti                            Authority Regulations as stipulated in the Financial
      diatur dalam Surat Edaran Otoritas Jasa Keuangan                           Services Authority Circular No. 37/SEOJK.03/2016 on
      No. 37/SEOJK.03/2016 tentang Lembaga Pemeringkat                           Rating Agencies and Ratings recognized by the Financial
      dan Peringkat yang diakui Otoritas Jasa Keuangan,                          Services Authority, including Moody’s, Standard & Poor’s,
      antara lain Moody’s, Standard & Poor’s, Fitch, Pefindo,                    Fitch, Pefindo, Moody’s Indonesia, and Fitch Indonesia.
      Moody’s Indonesia, dan Fitch Indonesia.


   b.   Kategori Portofolio yang Menggunakan Peringkat                      b.   Portfolio Categories by Using Ratings
        Bank mengklasifikasikan tagihan berdasarkan kategori                     The Bank classifies receivables by portfolio categories
        portofolio seperti tagihan kepada entitas sektor publik,                 such as receivables from public sector entities,
        tagihan kepada Bank, tagihan pada perusahaan efek dan                    receivables from Banks, receivables from securities
        lembaga jasa keuangan lainnya, serta tagihan kepada                      companies and other financial services institutions,
        korporasi. Tagihan pada masing-masing portofolio                         as well as receivables from corporations. Receivables
        dikelompokkan berdasarkan peringkat dari lembaga                         in each portfolio are grouped by ratings from rating
        pemeringkat yang diakui regulator. Kelompok peringkat                    agencies recognized by the regulator. Rating groups have
        memiliki tingkat risiko yang berbeda.                                    different levels of risk.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




Pengungkapan Counterparty Credit Risk                                    Disclosure of Counterparty Credit Risk
Bank menerapkan risiko kredit pihak lawan (Counterparty Credit           The Bank implements Counterparty Credit Risk. Counterparty
Risk). Counterparty Credit Risk dapat ditimbulkan dari jenis transaksi   Credit Risk is a risk arising from over the counter (OTC) derivative
derivatif over the counter (OTC) dan repo/reverse repo, baik pada        transaction and repo/reverse repo transactions, both in the
posisi banking book maupun trading book. Dalam hal memitigasi            banking book and trading book positions. In terms of repo/reverse
repo/reverse repo dilakukan dengan penetapan limit counterparty,         repo mitigation with limit establishment for counterparty, approval
apabila terdapat pelampauan limit, maka perlu mendapatkan                from the Board of Directors through International Banking Division
persetujuan Direksi melalui Divisi International Banking.                is required in the event that there is limit exceedance.


Pada posisi 31 Desember 2023, Bank tidak memiliki eksposur               At 31 December 2023 position, the Bank has no exposure to
transaksi derivatif Counterparty Credit Risk (CCR1) dan tagihan          Counterparty Credit Risk (CCR1) and net receivables of credit
bersih derivatif kredit (CCR6). Namun terkait pengungkapan,              derivative (CCR6). However, regarding disclosure, Bank Victoria
Bank Victoria memiliki eksposur risiko transaksi reverse repo            has a reverse repo transaction risk exposure which is disclosed
yang diungkapkan pada tabel pengungkapan eksposur CCR                    in the CCR exposure disclosure table based on Portfolio Category
berdasarkan Kategori Portofolio dan Bobot Risiko (CCR3).                 and Risk Weight (CCR3).


Pengungkapan Eksposur Sekuritisasi (SECA)                                Disclosure of Securitization Exposure (SECA)
Sebagai upaya diversifikasi risiko dan memaksimalkan hasil,              In an effort to diversify risks and maximize returns, Bank Victoria
Bank Victoria menempatkan sejumlah portofolio dalam bentuk               places a number of portfolios in the form of securitization or
sekuritisasi atau Kontrak Investasi Kolektif Efek Beragun Aset (KIK-     Collective Investment Contract of Asset-Backed Securities (KIK
EBA). Bank Victoria bertindak sebagai investor dan melakukan             EBA). Bank Victoria acts as an investor and invests in EBA due its
investasi pada EBA karena sekuritisasi ini mempunyai likuiditas baik.    good liquidity.


Terkait pengungkapan, Bank Victoria memuat informasi Eksposur            Regarding disclosure, Bank Victoria contains information on
Sekuritisasi (SECA) pada Banking Book (SEC1) dan terkait                 Securitization Exposure (SECA) in the Banking Book (SEC1) and
Persyaratan Modalnya – Bank yang Bertindak sebagai Investor              related to its Capital Requirements – Bank Acting as Investor
(SEC4), dan tidak memiliki eksposur pada Trading Book (SEC2),            (SEC4), and has no exposure in the Trading Book (SEC2), and
dan terkait Persyaratan Modalnya – Bank yang Bertindak sebagai           related to its Capital Requirements – Bank Acting as Originator
Originator atau Sponsor (SEC3).                                          or Sponsor (SEC3).



Risiko Pasar                                                             Market Risk

Risiko pasar adalah risiko pada posisi neraca dan rekening               Market Risk is a risk in balance sheet and administrative account
administratif, termasuk transaksi derivatif, akibat perubahan            positions including derivative transactions, due to overall
secara keseluruhan dari kondisi pasar, termasuk risiko perubahan         changes in market conditions, including the risk of changes in
harga option.                                                            option prices.


Manajemen risiko pasar tidak hanya terbatas pada pengelolaan             Market risk management is not only limited to risk management,
risiko, namun juga pengawasan atas seluruh risiko yang dihadapi          but also supervision of all risks faced by the Bank as a result of
Bank akibat dari pergerakan faktor pasar (di antaranya suku bunga        movements in market factors (among others, interest rates and
dan nilai tukar) yang dapat berasal dari banking book maupun             exchange rates) that may come from the banking book or trading
trading book. Tujuan utama manajemen risiko untuk risiko pasar           book. The main objective of risk management for market risk is
adalah untuk meminimalkan kemungkinan dampak negatif akibat              to minimize the possibility of negative impacts due to changes in
perubahan kondisi pasar terhadap aset dan permodalan Bank.               market conditions on the Bank’s assets and capital.


Struktur Organisasi Manajemen Risiko Pasar                               Organizational Structure of Market Risk
                                                                         Management
Struktur organisasi manajemen risiko pasar disesuaikan dengan            The market risk management organizational structure is adapted to
karakteristik dan kompleksitas kegiatan usaha Bank. Adapun struktur      the characteristics and complexity of the Bank’s business activities. The
organisasi manajemen risiko pasar diuraikan sebagai berikut:             market risk management organizational structure is described below:
1. Lini Pertahanan Pertama, merupakan unit bisnis khususnya              1. The First Line of Defense, is a business unit, particularly the
    Divisi Treasury;                                                          Treasury Division;
2. Lini Pertahanan Kedua, unit yang bertanggung jawab adalah             2. The Second Line of Defense, the unit being responsible is the
    Divisi Risk Management/Integrated; dan                                    Risk Management Division/Integrated; and
3. Lini Pertahanan Ketiga, merupakan Divisi SKAI & Anti Fraud.           3. The Third Line of Defense is the SKAI & Anti-Fraud Division.




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Dalam pengelolaan risiko pasar, Bank memiliki Asset and                   In managing market risk, the Bank has an Asset and Liabilities
Liabilities Committee (ALCO) yang membahas hal-hal terkait                Committee (ALCO) that periodically discusses matters related to
pengelolaan risiko pasar yang dilakukan secara berkala.                   market risk management.


Manajemen risiko pasar tidak hanya terbatas pada pengelolaan risiko,      Market risk management is not only limited to risk management, but
namun juga pemantauan risiko yang di hadapi Bank akibat pergerakan        also supervision of all risks faced by the Bank because of movements
faktor pasar seperti di antaranya suku bunga dan nilai tukar.             in market factors, among others interest rates and exchange rates.


Penerapan manajemen risiko pasar di antaranya dilakukan                   Implementation of market risk management is done, among
melalui langkah berikut:                                                  others, through the following steps:
1. Pengelolaan risiko suku bunga dan nilai tukar terhadap                 1. Management of interest rate risk and exchange rate on
   instrumen keuangan dalam trading book dan banking book;                    financial instruments in trading book and banking book;
2. Menerapkan beberapa metode untuk memitigasi kerugian                   2. Applying several methods to mitigate losses that may arise
   yang dapat timbul dari risiko pasar, di antaranya melalui                  from market risk, such as through the establishment of limits
   penetapan limit berdasarkan jenjang organisasi dan                         based on organizational level and policy on limit for cut loss
   kebijakan mengenai limit cut loss sehingga lebih efektif                   so that it is more effective in monitoring market risk faced by
   dalam memonitor risiko pasar yang dihadapi Bank;                           the Bank;
3. Melakukan peringatan sejak dini dengan mengukur                        3. Conducting an early warning by measuring the sensitivity of
   sensitivitas pendapatan bunga bersih atas pergerakan suku                  net interest income on interest rate movements. The Bank
   bunga. Bank akan terus mengembangkan dan mengkaji                          will continue to develop and review market risk limits in line
   ulang limit-limit risiko pasar seiring dengan berkembangnya                with the development of the Bank’s products and functional
   produk-produk serta aktivitas fungsional Bank yang                         activities that may potentially cause market risk; and
   berpotensi menimbulkan risiko pasar; dan
4. Melakukan stress testing guna menilai ketahanan Bank                   4. Conducting stress testing to assess the Bank’s resilience in
   dalam menghadapi perubahan suku bunga dan harga pasar.                    facing changes in interest rates and market prices.


Pengelolaan Portofolio Trading Book dan                                   Portfolio Management of Trading Book and
Banking Book, serta Metodologi Valuasi yang                               Banking Book, and Valuation Methodology Used
Digunakan
1. Trading book merupakan seluruh posisi instrumen keuangan               1. The trading book is all positions of financial instruments in
   dalam neraca dan rekening administratif termasuk                          the balance sheet and administrative accounts, including
   transaksi derivatif yang dimiliki Bank dengan tujuan untuk                derivative transactions owned by the Bank for the purpose
   diperdagangkan dan dapat dipindahtangankan dengan bebas                   of trade, and freely transferable, or hedged as a whole, either
   atau dapat dilindung nilai secara keseluruhan, baik dari                  from proprietary positions transactions, at the request of
   transaksi untuk kepentingan sendiri (proprietary positions),              customer or for brokering activities, and in order to conduct
   atas permintaan nasabah maupun untuk kepentingan                          market making and hedging of other positions in the trading
   perantaraan (brokering), dan dalam rangka pembentukan                     book.
   pasar (market making) dan lindung nilai (hedging) atas posisi
   lainnya dalam trading book.


    Pengelolaan risiko trading book sebagai berikut:                          Trading book risk is managed as follows:
    a. Pemisahan trading book dan banking book, setiap                        a. Separation of trading book and banking book, every
       transaksi harus secara jelas diakui sebagai trading book                   transaction must be clearly recognized as a trading book
       atau banking book sejak transaksi tersebut dibukukan;                      or banking book from the time the transaction is recorded;
    b. Kontrol risiko, semua produk baru maupun variasi dari                  b. Risk control, all new products or variations of approved
       sebuah produk yang telah disetujui harus dikaji dan                        product must be reviewed and approved in accordance
       disetujui sesuai dengan kebijakan dan prosedur terkait                     with policies and procedures related to the launch of
       peluncuran produk dan aktivitas baru;                                      new products and activities;
    c. Kontrol valuasi, seluruh posisi trading dinilai berdasarkan            c. Valuation control, all trading positions are marked to
       harga pasar (marked to market) secara harian                               market on a daily basis by using market prices from
       menggunakan harga pasar dari sumber yang independen;                       independent sources;
    d. Tata kelola khusus untuk surat berharga, di mana aktivitas             d. Special governance for securities, in which securities
       transaksi surat berharga harus sesuai dengan limit trading                 transaction activities must be in accordance with current
       book terkini dan kontrol risiko kredit terkait dengan                      trading book limits and credit risk controls related to
       kepemilikan surat berharga; dan                                            securities ownership; and




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    e.    Transaksi ke pasar (market facing) dan aktivitas internal          e.   Market facing transactions and internal activities of
          suatu desk ditugaskan sebagai titik kontak dengan pasar                 a desk are assigned as point of contact with external
          keuangan eksternal untuk melakukan transaksi instrumen                  financial markets to make transactions in the same
          yang sama antara dua buku. Hal ini guna menghindari                     instrument between the two books. This is to avoid losses
          kerugian bid offer spread terhadap pihak eksternal.                     in the bid offer spread to external parties.


2. Banking book adalah semua posisi yang tidak termasuk dalam            2. Banking book refers to all positions that are not included in
   trading book.                                                            the trading book.
   Pengelolaan portofolio banking book, sebagai berikut:                    Banking book portfolio is managed as follows:
   a. Semua posisi yang dipegang bukan untuk tujuan trading                 a. All positions held not for trading purposes are designated
       ditetapkan sebagai banking book;                                         as banking book;
   b. Tata kelola aktivitas banking book berada dalam otoritas              b. The governance of banking book activities is under
       ALCO, Credit Committee, dan secara umum pengelolaan                      the authority of ALCO, Credit Committee, and the
       semua aktivitas banking book termasuk portofolio surat                   management of all banking book activities including
       berharga aset dan kewajiban lainnya dipusatkan di Treasury;              the portfolio of securities, assets, and other liabilities is
                                                                                generally centralized in the Treasury;
    c. Transfer atau pengklasifikasian ulang dalam portofolio               c. Transfer or reclassification in the banking book
       banking book, misalnya antara Fair Value Through Other                   portfolio, for example between Fair Value Through Other
       Comprehensive Income (FVTOCI) dan amortised cost,                        Comprehensive Income (FVTOCI) and amortised cost,
       mengikuti ketentuan yang berlaku;                                        following the applicable regulations;
   d. Pengelolaan risiko suku bunga dalam banking book (IRRBB);             d. Management of interest rate risk in the banking book
       dan                                                                      (IRRBB); and
   e. Pengelolaan nilai tukar (foreign exchange risk) dilakukan             e. Management of foreign exchange risk is carried out by
       dengan meminimalkan eksposur foreign exchange                            minimizing foreign exchange exposure, particularly in
       terutama dalam banking book, di mana ada posisi foreign                  the banking book, in which unhedged foreign exchange
       exchange yang tidak dilindungi nilai ditransfer ke trading               positions are transferred to the trading book.
       book.
3. Metode Valuasi/Mark-to Market                                         3. Valuation Method/Mark-to Market
   Salah satu aspek yang paling mendasar dalam pelaksanaan                  One of the most fundamental aspects in implementing mark-
   mark-to-market adalah prinsip kehati-hatian Bank dalam                   to-market is the Bank’s prudential principles in determining
   menentukan metode penilaian (valuasi) yang digunakan                     valuation method used for each instrument, such as the use
   untuk setiap instrumen seperti penggunaan metode mark-                   of the mark-to-market method, the source of information
   to-market, sumber informasi tentang nilai pasar yang                     about market value used, the treatment of deficient/illiquid
   digunakan, perlakuan terhadap instrumen yang kurang/                     instruments, as well as reserve policies for profit values due
   tidak likuid, serta kebijakan pencadangan terhadap nilai                 to the mark-to-market process.
   keuntungan akibat proses mark-to-market.


    Terhadap instrumen keuangan yang diperdagangkan secara                   For financial instruments that are actively traded, the
    aktif, proses valuasi dilakukan dengan menggunakan harga                 valuation process is carried out using close-out prices or
    transaksi yang terjadi (close-out prices) atau kuotasi pasar             market quotations from independent sources. Valuation of
    dari sumber yang independen. Valuasi terhadap instrumen                  financial instruments uses:
    keuangan menggunakan:
    a. Bid price untuk aset yang dimiliki atau kewajiban yang                a.   Bid price for assets owned or liabilities to be issued;
         akan diterbitkan; dan/atau                                               and/or
    b. Ask price untuk aset yang akan diperoleh atau kewajiban               b.   Ask price for assets to be acquired or liabilities owned.
         yang dimiliki.


    Bank dapat menetapkan nilai wajar dengan menggunakan                     The Bank can determine fair value by using a valuation model
    suatu model atau teknik penilaian apabila harga pasar tidak              or technique if market prices are not available. Valuation is
    tersedia. Valuasi dilakukan secara harian terhadap seluruh               carried out daily on all treasury positions.
    posisi treasury.




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Pengukuran Risiko Pasar pada Trading Book                                Market Risk Measurement in Trading Book and
maupun Banking Book                                                      Banking Book
Bank menerapkan beberapa metode dalam mitigasi kerugian                  The Bank applies several methods in mitigating loss that may
yang mungkin timbul dari risiko pasar. Metode pengukuran risiko          incur from market risk. Such method among others. These
pasar tersebut di antaranya:                                             market risk measurement methods include:
1. Bank menggunakan pendekatan standar mengacu pada                      1. The Bank uses a standard approach referring to the provisions
    ketentuan Otoritas Jasa Keuangan untuk mengukur risiko                   of the Financial Services Authority to measure market risk.
    pasar Kewajiban Penyediaan Modal Minimum dan metrik                      Capital Adequacy Ratio and Interest Rate Risk metrics in
    Risiko Suku Bunga dalam Banking Book (IRRBB) yaitu nilai                 the Banking Book (IRRBB), namely economic value of equity
    ekonomis ekuitas (EVE) dan pendapatan bunga bersih (NII);                (EVE) and net interest income (NII);
2. Stress testing digunakan untuk menilai kemampuan finansial            2. Stress testing is used to assess financial capabilities under
    di bawah kejadian-kejadian yang ekstrem tapi mungkin                     extreme but possible events. Historical data analysis,
    terjadi. Dalam analisis skenario dan stress testing, dapat               hypothetical assumptions, or scenarios set by the regulator
    digunakan dengan menggunakan analisis data historis,                     can be used to analyze scenario and stress testing;
    menggunakan asumsi hipotetis atau menggunakan skenario
    yang ditetapkan regulator;
3. Pengukuran risiko suku bunga pada posisi banking book                 3. Interest rate risk in banking book positions is measured at
    paling kurang menggunakan model pengukuran gap report.                  least by using the gap report measurement model. The gap
    Gap report menyajikan pos-pos aset, kewajiban, dan rekening             report presents asset, liability, and administrative account
    administratif yang bersifat interest rate sensitive untuk               items that are interest rate sensitive to be mapped to a
    dipetakan ke dalam skala waktu tertentu; dan                            certain time scale; and
4. Proses kaji ulang atau validasi atas model pengukuran                 4. The process of reviewing or validating the market risk
    risiko pasar dilakukan secara berkala oleh pihak independen             measurement model is carried out periodically by an
    antara lain melalui back testing, termasuk melakukan                    independent party, among others through back testing,
    penyempurnaan jika diperlukan.                                          including making improvements if necessary.


Portofolio (Trading dan Banking Book) yang                               Portfolio (Trading and Banking Book) Calculated
Diperhitungkan dalam Kewajiban Penyediaan                                in Minimum Capital Adequacy Ratio
Modal Minimum
Dalam perhitungan Aktiva Tertimbang Menurut Risiko untuk risiko          In calculating Risk Weighted Assets for market risk, the Bank
pasar, Bank mengacu kepada Peraturan Otoritas Jasa Keuangan              refers to Financial Services Authority Regulation No. 27 of 2022
No. 27 Tahun 2022 tentang Perubahan Kedua atas Peraturan                 on the Second Amendment to the Financial Services Authority
Otoritas Jasa Keuangan No. 11/POJK.03/2016 tentang                       Regulation No. 11/POJK.03/2016 on Capital Adequacy Ratio
Kewajiban Penyediaan Modal Minimum bagi Bank Umum, Surat                 for Commercial Banks, Financial Services Authority Circular
Edaran Otoritas Jasa Keuangan No. 38/SEOJK.03/2016 tentang               No. 38/SEOJK.03/2016 on Guidelines on the Use of Standardized
Pedoman Penggunaan Metode Standar dalam Perhitungan                      Method in Calculating the Capital Adequacy Ratio for Commercial
Kewajiban Penyediaan Modal Minimum Bank Umum dengan                      Bank by Calculating Market Risk, and Financial Services Authority
Memperhitungkan Risiko Pasar, dan Surat Edaran Otoritas Jasa             Circular No. 23/SEOJK.03/2022 on Calculation of Risk-Weighted
Keuangan No. 23/SEOJK.03/2022 tentang Perhitungan Aset                   Assets for Market Risk.
Tertimbang Menurut Risiko untuk Risiko Pasar.


Pengungkapan Kuantitatif Eksposur Risiko sebagai berikut:                Information on Quantitative Disclosure of Risk Exposure is as
                                                                         follows:


Tabel Pengungkapan Kuantitatif Eksposur Risiko Pasar dengan              Table of Quantitative Disclosure of Market Risk Exposure by Using
Menggunakan Metode Standar secara Individual.                            Standardized Method Individually.


Langkah Antisipasi terhadap Risiko Pasar atas                            Anticipation Steps Against Market Risk on
Transaksi Mata Uang Asing                                                Foreign Currency Transactions
Risiko mata uang dapat terjadi apabila Bank dalam posisi long/           Currency risk can occur if the Bank is in long/overbought position
overbought dalam suatu mata uang dan nilai tukarnya turun,               in a currency of which the exchange rate falls, which consequently
sehingga dapat menyebabkan kerugian. Dalam mengantisipasi                causes losses. In anticipating market risks on transactions related
risiko pasar atas transaksi yang terkait dengan risiko nilai tukar,      to exchange rate, the Bank determines and monitors market risk
Bank menetapkan dan melakukan pemantauan atas limit risiko               limits, such as cut loss limits and stress tests.
pasar, seperti limit cut loss serta stress test.




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Pengungkapan Mengenai Interest Rate Risk in                            Disclosure of Information on the Interest Rate
Banking Book                                                           Risk in Banking Book
Bank berada dalam kelompok Bank Modal Inti/KBMI                        The      Bank     is   within    the     Bank    Group/KBMI       1,
1,    berdasarkan     Peraturan     Otoritas   Jasa      Keuangan      based      on     Financial   Services     Authority    Regulation
No. 12/POJK.03/2021 dan tidak memenuhi kriteria untuk                  No. 12/POJK.03/2021 and does not meet the criteria to disclose
mengungkapkan laporan perhitungan Interest Rate Risk in                calculation report of Interest Rate Risk in Banking Book (IRRBB)
Banking Book (IRRBB) sesuai Surat Edaran Otoritas Jasa Keuangan        in accordance with Financial Services Authority Circular
No. 12/SEOJK.03/2018 tanggal 21 Agustus 2018 tentang                   No. 12/SEOJK.03/2018 dated 21 August 2018 on the
Penerapan Manajemen Risiko dan Pengukuran Risiko Pendekatan            Implementation of Risk Management and Risk Measurement Using
Standar untuk Risiko Suku Bunga dalam Banking Book (IRRBB) bagi        Standardized Approach for Interest Rate Risk in the Banking Book
Bank Umum. Dalam hal mengendalikan risiko suku bunga pada              (IRRBB) for Commercial Banks. In terms of controlling the interest
banking book, Bank menggunakan analisa sensitivitas berdasarkan        rate risk in banking book, the Bank uses sensitivity analysis based
repricing gap yang disusun dalam rangka pemenuhan ketentuan            on the repricing gap prepared in order to fulfill the provisions on
mengenai penilaian tingkat kesehatan Bank Umum dan penerapan           the sound rating of Commercial Banks and the implementation
manajemen risiko bagi Bank Umum. Parameter tersebut dapat              of risk management at Commercial Banks. This parameter may
memberikan indikasi atas risiko terhadap perspektif nilai ekonomis     provide an indication of the risks to the Bank’s economic value
Bank yang timbul dari pergerakan suku bunga yang memengaruhi           perspective arising from interest rate scenario movement affecting
permodalan dan perspektif pendapatan bunga bersih yang                 capital and net interest income perspective which affect the
memengaruhi rentabilitas Bank.                                         Bank’s profitability.



Risiko Likuiditas                                                      Liquidity Risk

Risiko likuiditas adalah risiko akibat ketidakmampuan Bank untuk       Liquidity risk is a risk due to the Bank’s inability to meet its due
memenuhi kewajiban yang jatuh tempo dari sumber pendanaan              liabilities from the funding cash flows and/or from high quality
arus kas dan/atau dari aset likuiditas berkualitas tinggi yang         liquid assets that can be pledged, without disrupting the Bank’s
dapat diagunkan tanpa mengganggu aktivitas keuangan Bank.              financial activity. The liquidity risk is categorized into:
Risiko likuiditas dikategorikan menjadi:
1. Risiko likuiditas pasar                                             1. Market liquidity risk
     Risiko yang timbul karena Bank tidak mampu melakukan off             The risk arising due to the Bank is unable to offset certain
     setting posisi tertentu dengan harga pasar.                          positions at market prices.
2. Risiko likuiditas pendanaan                                         2. Funding liquidity risk
     Risiko yang timbul karena Bank tidak mampu mencairkan                The risk arising due to the Bank is unable to withdraw the
     asetnya atau memperoleh pendanaan dari sumber dana                   assets or obtain funding from other sources of funds.
     lainnya.


Ketidakmampuan memperoleh sumber pendanaan arus kas                    Inability to acquire cash flows of source of fund can cause
dapat menimbulkan risiko likuiditas yang disebabkan oleh:              liquidity risk resulting from:
1. Ketidakmampuan menghasilkan arus kas yang berasal dari              1. Inability to generate cash flows from earning assets or from
    aset produktif maupun yang berasal dari penjualan aset                  the sale of assets including liquid assets; and
    termasuk aset likuid; dan
2. Ketidakmampuan menghasilkan arus kas yang berasal dari              2. Inability to generate cash flows from fund raising, interbank
    penghimpunan dana, transaksi antar Bank, dan pinjaman                 transactions, and loans.
    yang diterima.


Tujuan utama manajemen risiko untuk risiko likuiditas adalah           The main objective of risk management for liquidity risk is to
untuk meminimalkan kemungkinan ketidakmampuan Bank                     minimize the possibility of the Bank’s inability to obtain source
dalam memperoleh sumber pendanaan arus kas.                            of fund for cash flow.


Tata Kelola Pengelolaan Risiko Likuiditas                              Liquidity Risk Management Governance
1. Risk appetite dan toleransi risiko dikaji oleh Risk Taking Unit     1. Risk appetite and risk tolerance are reviewed by the Risk
   minimal setahun sekali, serta harus mendapat persetujuan               Taking Unit at least once a year, and such review must obtain
   Komite Manajemen Risiko atau Direksi dan Dewan Komisaris.              approval from the Risk Management Committee or the Board
   Setiap pelanggaran risk appetite dan toleransi risiko harus            of Directors and Board of Commissioners. Any violation of risk




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     dieskalasi hingga ke Dewan Komisaris dan/atau tingkat                    appetite and risk tolerance must be escalated to the Board of
     Komite Dewan Komisaris terkait seperti Komite Pemantau                   Commissioners and/or the relevant Board of Commissioners
     Risiko;                                                                  Committee level, such as the Risk Monitoring Committee;
2.   Kebijakan manajemen risiko likuiditas harus disetujui oleh          2.   The liquidity risk management policy must be approved
     Komite Manajemen Risiko atau ALCO yang dikaji secara                     by the Risk Management Committee or ALCO, reviewed
     berkala dan memenuhi persyaratan regulasi;                               periodically and fulfilling the regulatory requirements;
3.   Limit risiko likuiditas harus disetujui oleh ALCO. Limit            3.   Liquidity risk limits must be approved by ALCO. This limit
     tersebut harus dikaji paling sedikit setiap tahun dengan                 must be reviewed at least annually by considering the Bank’s
     mempertimbangkan strategi bisnis dan risk appetite Bank;                 business strategy and risk appetite;
4.   Likuiditas Bank dikelola secara tersentralisasi oleh Treasury;      4.   The Bank’s liquidity is managed centrally by the Treasury;
     dan                                                                      and
5.   Validasi model pengukuran risiko harus dilakukan secara             5.   Validation of risk measurement models must be carried out
     berkala oleh pihak yang independen dari pengembang dan                   periodically by parties independent of the developers and
     pengguna model tersebut.                                                 users of the model.


Struktur Organisasi Manajemen Risiko Likuiditas                          Liquidity Risk Management Organization
Struktur organisasi manajemen risiko likuiditas telah dirancang          The liquidity risk management organizational structure has been
agar dapat bekerja secara optimal dengan mengutamakan                    designed to work optimally by prioritizing prudential principles
prinsip kehati-hatian melalui implementasi dual control process          through the implementation of dual control processes and daily
serta pemantauan secara harian atas indikator peringatan dini            monitoring of the Bank’s liquidity early warning indicators. The
likuiditas Bank. Struktur organisasi manajemen risiko likuiditas         liquidity risk management organizational structure is described
diuraikan sebagai berikut:                                               below:
1. Lini Pertahanan Pertama adalah semua unit bisnis;                     1. The First Line of Defense is all business units;
2. Lini Pertahanan Kedua adalah Divisi Risk Management/                  2. The Second Line of Defense is the Risk Management/
     Integrated dan Divisi Compliance & System Procedure;                     Integrated Division and the Compliance & System Procedure
                                                                              Division;
3. Lini Pertahanan Ketiga adalah Divisi SKAI & Anti Fraud.               3. The Third Line of Defense is SKAI & Anti Fraud Division.


Strategi Pendanaan                                                       Funding Strategy
Strategi bidang pendanaan diprioritaskan pada upaya menjaga              The funding strategies are prioritized on efforts to maintain and
dan meningkatkan loyalitas nasabah dan menambah nasabah                  increase customer loyalty and add new customers with a growth
baru dengan target pertumbuhan yang berbasis struktur                    target based on a sound and optimal funding structure. The
pendanaan yang sehat dan optimal. Strategi pendanaan di                  funding strategy includes a diversification strategy of funding
antaranya mencakup strategi diversifikasi sumber dan jangka              sources and time period that link to the Bank’s characteristics
waktu pendanaan yang dikaitkan dengan karakteristik dan                  and business plans. In this matter, the Bank identifies and
Rencana Bisnis Bank. Dalam hal ini Bank mengidentifikasi                 monitors the main factors affecting the Bank’s ability to obtain
dan memantau faktor utama yang memengaruhi kemampuan                     funds, including identifying and monitoring alternative funding
Bank untuk memperoleh dana, termasuk mengidentifikasi                    that can strengthen its capacity to withstand crisis conditions.
dan memantau alternatif pendanaan yang dapat memperkuat
kapasitasnya untuk bertahan pada kondisi krisis.


Mitigasi Risiko Likuiditas                                               Mitigation of Liquidity Risk
Dalam memitigasi risiko likuiditas, Bank menetapkan indikator            In mitigating liquidity risk, the Bank establishes early warning
peringatan dini, di antaranya dengan menentukan risk appetite            indicators, among others by determining risk appetite and risk
dan risk tolerance/limit melalui beberapa indikator keuangan             tolerance/limit through several financial indicators such as the
seperti rasio alat likuid terhadap dana pihak ketiga dan rasio           ratio of liquid assets to third party deposits and the ratio of liquid
alat likuid terhadap non-core deposit yang adaptif terhadap              assets to non-core deposits that are adaptive to change.
perubahan.


Stress Testing Risiko Likuiditas                                         Stress Testing of Liquidity Risk
Bank mengembangkan stress testing likuiditas untuk                       The Bank develops liquidity stress testing to ensure the Bank
memastikan Bank memiliki akses sumber likuiditas yang cukup              has access to sufficient liquidity sources to survive stress event
untuk bertahan pada kondisi stress event untuk periode tertentu          conditions for a certain predetermined period. Stress testing is an
yang telah ditentukan. Stress testing merupakan metode yang              important method in managing liquidity to ensure that the Bank




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




penting dalam pengelolaan likuiditas untuk memastikan Bank             is always in a position to fulfill all its obligations, repay depositors,
selalu berada pada posisi dapat memenuhi seluruh kewajibannya,         fulfill loan commitments, and fulfill other commitments made
membayar kembali deposan, memenuhi komitmen pemberian                  both under normal and stressed conditions.
pinjaman, dan memenuhi komitmen lainnya yang dibuat baik
dalam kondisi normal maupun stres.


Hasil stress test risiko likuiditas dapat menjadi masukan dalam        The results of the liquidity risk stress test can be used as input
melakukan kaji ulang terhadap kebijakan dan strategi manajemen         for reviewing liquidity risk management policies and strategies,
risiko likuiditas, komposisi aset, kewajiban dan/atau rekening         composition of assets, liabilities, and/or administrative accounts,
administratif, rencana pendanaan darurat (contingency funding          contingency funding plan, and limit setting.
plan) dan penetapan limit.


Pengelolaan Risiko Likuiditas pada Saat Krisis                         Liquidity Risk Management in Times of Crisis
Dalam menghadapi krisis likuiditas, Bank telah memiliki Liquidity      To deal with liquidity crisis, the Bank already has a Liquidity
Contingency Plan (LCP) yang secara formal menetapkan strategi          Contingency Plan (LCP) that formally sets out strategies to deal
untuk menghadapi krisis likuiditas dan prosedur untuk menutup          with liquidity crisis and procedures to cover cash flow deficits
defisit arus kas dalam situasi darurat. LCP mencakup kebijakan,        in emergency situations. LCP includes policies, strategies,
strategi, prosedur dan rencana tindak untuk memastikan                 procedures, and action plans to ensure the Bank’s ability to
kemampuan Bank memperoleh sumber pendanaan yang                        obtain the necessary source of fund in a timely manner and at a
diperlukan secara tepat waktu dan dengan biaya yang wajar.             reasonable cost. The document is disseminated to the relevant
Dokumen tersebut disosialisasikan kepada unit-unit terkait agar        units so that such units can understand their respective duties
dapat memahami tugas dan tanggung jawabnya masing-masing.              and responsibilities.



Pengungkapan Risiko Likuiditas                                         Disclosure of Liquidity Risk
1. Pengungkapan Mengenai Liquidity Coverage Ratio                      1. Disclosure of Liquidity Coverage Ratio Value
   Bank kelompok Bank Modal Inti/KBMI 1, berdasarkan                      Capital Bank Group/KBMI 1, based on Financial Services
   Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021                   Authority Regulation No. 12/POJK.03/2021 and does not meet
   dan tidak memenuhi kriteria untuk mengungkapkan laporan                the criteria to disclose Liquidity Coverage Ratio (LCR) report,
   Liquidity Covered Ratio (LCR) sesuai Peraturan Otoritas                in accordance with Financial Services Authority Regulation
   Jasa Keuangan No. 42/POJK.03/2015 tentang Kewajiban                    No. 42/POJK.03/2015 on the Obligation of Fulfillment of
   Pemenuhan Rasio Kecukupan Likuiditas bagi Bank Umum.                   Liquidity Coverage Ratio for Commercial Banks.
2. Pengungkapan Nett Stable Funding Ratio                              2. Disclosure of Net Stable Funding Ratio
   Bank kelompok Bank Modal Inti/KBMI 1, berdasarkan                      Capital Bank Group/KBMI 1, based on Financial Services
   Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021                   Authority Regulation No. 12/POJK.03/2021 and does not
   dan tidak memenuhi kriteria untuk mengungkapkan laporan                meet the criteria to disclose Net Stable Funding Ratio report,
   Nett Stable Funding Ratio sesuai Peraturan Otoritas                    in accordance with Financial Services Authority Regulation
   Jasa Keuangan No. 50/POJK.03/2017 tentang Kewajiban                    No. 50/POJK.03/2017 on the Obligation of Fulfillment of Net
   Pemenuhan Rasio Pendanaan Stabil Bersih bagi Bank Umum.                Stable Funding Ratio for Commercial Banks.



Risiko Operasional                                                     Operational Risk

Risiko operasional adalah risiko akibat ketidakcukupan dan/            Operational Risk is risk due to inadequacy and/or malfunction
atau tidak berfungsinya proses internal, kesalahan manusia,            of internal process, human error, system failure, and/or external
kegagalan sistem, dan/atau adanya kejadian-kejadian eksternal          incidents affecting the Bank’s operations.
yang memengaruhi operasional Bank.


Tujuan utama manajemen risiko untuk risiko operasional adalah          The main objective of risk management for operational risk is
untuk meminimalkan kemungkinan dampak negatif dari tidak               to minimize the possible negative impacts of non-functioning
berfungsinya proses internal, kesalahan manusia, kegagalan             internal processes, human errors, system failures, and/or
sistem, dan/atau kejadian-kejadian eksternal.                          external events.


Manajemen risiko operasional dilakukan secara konsisten                Operational risk management is carried out consistently on
terhadap kerangka kerja serta dengan menentukan strategi dan           framework and by determining strategies and mitigation in
mitigasi guna memperoleh keseimbangan yang optimal antara              order to obtain maximum balance between operational risk




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paparan risiko operasional, efektivitas mekanisme kontrol, dan           exposure, effectiveness of control mechanism, and risk appetite
pembuatan risk appetite.                                                 establishment.


Struktur Organisasi Manajemen Risiko                                     Operational Risk Management Organizational
Operasional
Penerapan manajemen risiko operasional banyak melibatkan                 The operational risk management implementation highly
berbagai pihak dalam Bank melalui penerapan pertahanan berlapis          involves many parties in the Bank through the implementation of
(three lines of defense) yang berfungsi sebagai berikut:                 three lines of defense which function as follows:
1. First Line of Defense merupakan unit bisnis dan unit                  1. First line of defense is a business unit and supporting unit
     pendukung yang berperan sebagai risk taker;                             that functions as risk taker;
2. Second Line of Defense adalah Unit Anti Money Laundering              2. Second Line of Defense is the Anti-Money Laundering (AML)
     (AML) dan Divisi Risk Management/Integrated; dan                        Unit and Risk Management/Integrated Division; and
3. Third Line Defense merupakan unit yang dijalankan Divisi              3. Third Line Defense is a unit run by the SKAI & Anti Fraud
     SKAI & Anti Fraud.                                                      Division.


Dalam pengelolaan risiko operasional, di samping Komite                  In managing operational risk, in addition to the Risk Management
Manajemen Risiko, Bank memiliki komite lain di antaranya                 Committee, the Bank has other committees including the
Komite Teknologi Informasi, Komite Pengadaan, Komite Produk,             Information Technology Committee, Procurement Committee,
dan Komite Personalia untuk menunjang operasional Bank yang              Product Committee, and Personnel Committee to support the
secara efektif dapat menekan kerugian akibat risiko operasional.         Bank’s operations which can effectively reduce losses due to
                                                                         operational risk.


Mekanisme yang Digunakan Bank untuk                                      Mechanism Used by the Bank to Identify and
Mengidentifikasi dan Mengukur Risiko Operasional                         Measure Operational Risk
Proses identifikasi dan pengukuran risiko dilakukan melalui              Risk identification and measurement process is performed by
penerapan perangkat manajemen risiko operasional, yakni                  applying operational risk management tools, namely risk register
risk register dengan tujuan untuk mengidentifikasi risiko-risiko         aimed to identify risks in operational risk functional activities
pada aktivitas fungsional risiko operasional, sehingga kerugian          so that maximum losses that may arise in the future can be
maksimum yang mungkin timbul di masa mendatang dapat                     minimized. The Risk Registers used for the implementation of
diminimalisir. Risk Register yang dipergunakan untuk pelaksanaan         operational risk management are as follows:
manajemen risiko operasional sebagai berikut:
1. Risk and Control Self-Assessment                                      1. Risk and Control Self-Assessment
     Risk and Control Self-Assessment (RCSA) merupakan alat untuk           Risk and Control Self-Assessment (RCSA) is a tool for
     mengidentifikasi dan mengukur risiko operasional yang bersifat         identifying and measuring operational risks that are
     kualitatif dan prediktif dengan menggunakan dimensi dampak             qualitative and predictive using the dimensions of impact
     dan kemungkinan kejadian. RCSA umumnya difokuskan pada                 and possible events. RCSA is generally focused on risks that
     risiko-risiko yang memiliki dampak terhadap kemampuan Bank             have an impact on the Bank’s ability to maintain its business
     dalam menjaga kelangsungan bisnis dan operasional. Proses              and operational sustainability. The risk assessment process
     penilaian risiko dilakukan dengan melakukan self-assessment            is carried out by conducting self-assessment of risk level
     tentang evaluasi tingkat risiko, yang mencakup kemungkinan             evaluation, including possible events, magnitude of impacts,
     kejadian, besarnya dampak, dan tingkat efektivitas kontrol.            and control effectiveness level. Furthermore, RCSA detects
     Selanjutnya, RCSA mendeteksi kecukupan internal kontrol                the adequacy of the Bank’s internal control to prevent any
     Bank untuk mencegah penyimpangan/kegagalan yang terjadi,               deviations/failures, and to apply appropriate operational risk
     serta menerapkan pengendalian risiko operasional yang tepat            controls to manage operational risk in order to stay within
     untuk mengelola risiko operasional agar tetap berada dalam             the operational risk tolerance level.
     tingkatan toleransi risiko operasional.
2. Key Risk Indicator                                                    2. Key Risk Indicator
     Key Risk Indicator (KRI) adalah perangkat yang lazim                   Key Risk Indicator (KRI) is a common tool used to identify
     digunakan untuk mengidentifikasi dan menganalisis risiko               and analyze early warning on the upward and downward
     sejak dini (early warning) atas naik-turunnya indikator-               movement of indicators of operational risk level that is
     indikator tingkat risiko operasional yang melekat pada setiap          inherent in every business activity and operation of the Bank.
     aktivitas bisnis dan operasional Bank. Manfaat KRI antara              KRI benefits include monitoring and predicting operational
     lain dapat memantau dan memprediksi eksposur risiko                    risk exposures and identifying changes of operational risk
     operasional, serta mengidentifikasi perubahan profil risiko            profile. The main risk indicators provide information on the




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




   operasional. Indikator risiko utama memberikan informasi                risk of potential losses in the future. Thresholds (triggers)
   tentang risiko potensial kerugian di masa depan. Ambang                 can be defined for KRI and can serve as indicators in an early
   batas (pemicu) dapat didefinisikan untuk KRI dan dapat                  warning system.
   berfungsi sebagai indikator dalam sistem peringatan dini.
3. Loss Event Database                                                 3. Loss Event Database
   Loss Event Database (LED) merupakan alat/perangkat                     Loss Event Database (LED) is an operational risk management
   manajemen risiko operasional yang digunakan untuk                      tool/instrument used to record/manage incident data
   mencatat/mengelola data kejadian yang telah terjadi dalam              occurred during the Bank’s operations. The database of
   operasional Bank. Database kerugian, baik yang bersifat                losses, both potential and actual, is an important pre-
   potensial maupun aktual merupakan prasyarat penting                    requisite in the process of formulating measurement model
   dalam proses penyusunan model pengukuran kerugian risiko               of operational risk loss and as a tool for validating every risk
   operasional dan sebagai alat untuk melakukan validasi setiap           assessment or risk prediction process.
   proses penilaian risiko atau prediksi risiko.


Risiko operasional inheren (risiko yang melekat/gross) dan             Inherent operational risk (gross risk) and residual risk are
risiko residual diukur dengan menggunakan matriks Penilaian            measured by using the Operational Risk Assessment matrix by
Risiko Operasional dengan mempertimbangkan dampak dan                  considering the impact and possibility of the risk itself. The Risk
kemungkinan risiko itu sendiri. Risk Taking Unit harus mengukur        Taking Unit must measure that controls are adequate and ensure
bahwa kontrol memadai dan memastikan kelengkapan,                      completeness, existence, accuracy, authorization, assessment,
keberadaan, keakuratan, otorisasi, penilaian, kepemilikan,             ownership, presentation, and reporting of transactions and/or
penyajian dan pelaporan transaksi dan/atau proses.                     processes.


Mekanisme untuk Memitigasi Risiko Operasional                          Operational Risk Mitigation Mechanism
Guna memitigasi risiko operasional, Bank telah melakukan               In order to mitigate operational risk, the Bank has increased
peningkatan sumber daya manusia melalui pendidikan dan                 its human resources by carrying out continuous education and
pelatihan secara berkelanjutan. Hal tersebut bertujuan agar            training. This is intended for enhancing employees’ ability so
kemampuan karyawan dalam melaksanakan tugas dapat berjalan             that they can perform their duties properly. Furthermore, the
dengan lebih baik. Selain itu, Bank telah melakukan evaluasi           Bank has also evaluated and revised the existing policies and
dan revisi atas kebijakan dan sistem prosedur yang sudah               system procedures, examined access level and transaction
ada, memeriksa akses level, dan limit-limit transaksi sesuai           limits according to each employee’s duties and responsibilities,
dengan tugas dan tanggung jawab masing-masing karyawan,                developed information technology and applied internal control
mengembangkan teknologi informasi serta menerapkan sistem              system.
pengendalian internal.


Untuk menjaga kelangsungan bisnis terhadap peristiwa yang tidak        In order to maintain its business continuity against undesired
diinginkan, Bank mempunyai Business Continuity Management              events, the Bank has Business Continuity Management (BCM)
(BCM) dan juga telah memiliki lokasi off site back up yang             and also already has an offsite back up location used during the
digunakan pada saat pengujian BCM. Dalam penanggulangan                BCM testing. In disaster management, the Bank has data center
bencana, Bank memiliki pusat data (data center) dan pusat              and disaster recovery center located in 2 (two) different locations
penanggulangan bencana (disaster recovery center) yang                 within the country. This will enable the critical systems, including
terdapat di 2 (dua) lokasi berbeda di dalam negeri. Hal ini akan       core systems, as well as payment systems, and regulatory
memungkinkan sistem-sistem penting, termasuk sistem inti,              reporting systems, to keep operating at times of disaster.
serta sistem pembayaran, dan sistem pelaporan regulator yang
tetap berjalan jika terjadi bencana.


Pengungkapan Risiko Operasional                                        Disclosure of Operational Risk
Dalam perhitungan Aset Tertimbang Menurut Risiko untuk risiko          In calculating Risk Weighted Assets for operational risk, the Bank
operasional, Bank mengacu kepada Peraturan Otoritas Jasa               refers to Financial Services Authority Regulation No. 27 of 2022
Keuangan No. 27 Tahun 2022 tentang Perubahan Kedua atas                on the Second Amendment to the Financial Services Authority
Peraturan Otoritas Jasa Keuangan No. 11/POJK.03/2016 tentang           Regulation No. 11/POJK.03/2016 on Minimum Capital Adequacy
Kewajiban Penyediaan Modal Minimum Bagi Bank Umum dan                  Ratio for Commercial Banks and Financial Services Authority
Surat Edaran Otoritas Jasa Keuangan No. 06/SEOJK.03/2020               Circular No. 06/SEOJK.03/2020 on Calculation of Risk-Weighted
tentang Perhitungan Aset Tertimbang Menurut Risiko untuk               Assets for Operational Risk by Using Standardized Approach for
Risiko Operasional dengan Menggunakan Pendekatan Standar               Commercial Banks.
bagi Bank Umum.




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Pengungkapan Kuantitatif Eksposur Risiko sebagai berikut:               Quantitative Disclosure of Risk Exposure is as follows:


Tabel Pengungkapan Kuantitatif Risiko Operasional Bank secara           Table of Quantitative Disclosure of Operational Risk Bank
Individual.                                                             Individually.



Risiko Hukum                                                            Legal Risk

Risiko hukum merupakan risiko akibat tuntutan hukum dan/atau            Legal risk is a risk as a result of lawsuits and/or weakness of
kelemahan aspek yuridis. Risiko hukum dapat bersumber antara            juridical aspect. Legal risk can be sourced from, among others,
lain dari kelemahan aspek yuridis yang disebabkan oleh lemahnya         weaknesses in the juridical aspects caused by weak commitments
perikatan yang dilakukan oleh Bank, ketiadaan dan/atau perubahan        made by the Bank, absence and/or changes in laws and
peraturan perundang-undangan yang menyebabkan suatu transaksi           regulations that cause a transaction made by the Bank becomes
yang telah dilakukan Bank menjadi tidak sesuai dengan ketentuan,        not in accordance with the provisions, and litigation processes
dan proses litigasi, baik yang timbul dari gugatan pihak ketiga         either arising from third party claims against the Bank or the
terhadap Bank maupun Bank terhadap pihak ketiga.                        Bank against third parties.


Tujuan utama manajemen risiko untuk risiko hukum adalah untuk           The main objective of risk management for legal risk is to ensure
memastikan bahwa proses manajemen risiko dapat meminimalkan             that the risk management process minimizes the possibility of
kemungkinan dampak negatif dari kelemahan aspek yuridis,                negative impact from weakness of juridical aspects, the absence
ketiadaan dan/atau perubahan peraturan perundang-undangan,              of and/or amendment to laws and regulations and litigation
dan proses litigasi.                                                    process.


Struktur Organisasi Manajemen Risiko Hukum                              Organizational Structure of Legal Risk Management
Penerapan manajemen risiko hukum banyak melibatkan berbagai             The legal risk management implementation highly involves many
pihak dalam Bank melalui penerapan pertahanan berlapis                  parties in the Bank through the implementation of three lines of
(three lines of defense) yang berfungsi sebagai berikut:                defense which function as follows:
1. Lini Pertahanan Pertama, merupakan semua divisi;                     1. The First Line of Defense, constitutes all divisions;
2. Lini Pertahanan Kedua, terdiri dari Divisi Corporate Legal,          2. The Second Line of Defense, consists of the Corporate Legal
    Divisi Credit Legal, dan Divisi Compliance & System                     Division, Credit Legal Division, and Compliance & System
    Procedure; dan                                                          Procedure Division; and
3. Lini Pertahanan Ketiga adalah Divisi SKAI & Anti Fraud.              3. The Third Line of Defense is SKAI & Anti Fraud Division.


Mekanisme Pengendalian Risiko Hukum                                     Legal Risk Control Mechanism
Langkah yang dilakukan dalam upaya mitigasi risiko hukum meliputi:      Measures taken in the effort to mitigate legal risk includes:
1. Standardisasi dokumen hukum terkait produk atau fasilitas            1. Standardizing the legal documents related to banking
   perbankan yang ditawarkan oleh Bank kepada masyarakat.                  products or facilities offered by the Bank to the public
   Dokumen tersebut dibuat dengan mengacu kepada ketentuan                 which will be made in accordance with the prevailing laws
   peraturan perundangan yang berlaku, serta memperhatikan                 and regulations and taking into account the Bank’s juridical
   kepentingan aspek yuridis dari Bank;                                    aspect;
2. Memberikan opini hukum atas penyelenggaraan produk baru              2. Providing legal opinion on the Bank’s new products before
   Bank sebelum diperkenalkan atau dipasarkan ke masyarakat;               launching or promoting to the public;
3. Memantau perkembangan kasus-kasus hukum yang terjadi                 3. Monitoring the progress of legal cases and paying special
   dan memberikan perhatian khusus atas kasus hukum yang                   attention to legal cases having the potential to cause loss;
   berpotensi menimbulkan kerugian;
4. Memberikan informasi dan pengetahuan hukum kepada unit-              4. Providing legal information and knowledge to relevant units;
   unit terkait;
5. Memastikan perjanjian-perjanjian dan dokumen dengan                  5. Ensuring that agreements and documents with customers
   nasabah dan/atau pihak ketiga lainnya dilakukan sesuai                  and/or other third parties are carried out in accordance with
   dengan ketentuan yang berlaku;                                          the applicable regulations;
6. Melakukan evaluasi atas dokumen-dokumen atau perjanjian-             6. Evaluating documents or agreements to safeguard the
   perjanjian guna mengamankan kepentingan hukum Bank; dan                 Bank’s legal interests; and
7. Meningkatkan kemampuan dan pengetahuan sumber daya                   7. Increasing the capabilities and knowledge of human
   manusia, serta pengkajian atas perkara litigasi yang telah              resources, as well as reviewing litigation cases that have
   terjadi.                                                                occurred.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




Risiko Reputasi                                                        Reputation Risk

Risiko reputasi adalah risiko yang terkait atas persepsi negatif       Reputation risk is a risk associated with negative perceptions on
terhadap Bank yang dapat bersumber dari berbagai kejadian yang         the Bank that can be sourced from various undesirable events,
tidak diinginkan, antara lain publikasi negatif atas operasional       such as negative publicity of the Bank’s operations, violations of
Bank, pelanggaran etika bisnis, keluhan nasabah, kelemahan tata        business ethics, customer complaints, governance weaknesses,
kelola dan kejadian-kejadian lainnya yang dapat mengakibatkan          and other incidents that can result in a decrease image of the
penurunan citra Bank.                                                  Bank.


Tujuan utama manajemen risiko untuk risiko reputasi adalah             The main objective of risk management for reputation risk is to
untuk mengantisipasi dan meminimalkan dampak kerugian dari             anticipate and minimize the impact of losses from the Bank’s
risiko reputasi Bank.                                                  reputation risk.


Struktur Organisasi Manajemen Risiko Reputasi                          Organizational Structure of Reputation Risk
                                                                       Management
Pengelolaan risiko reputasi melibatkan berbagai pihak dalam            Reputation risk management involves various parties within the
Bank melalui penerapan pertahanan berlapis (three lines of             Bank through the implementation of three lines of defense which
defense) yang berfungsi sebagai berikut:                               function as follows:
1. Lini Pertahanan Pertama merupakan Direksi dan seluruh               1. The First Line of Defense is the Board of Directors and all
    karyawan;                                                              employees;
2. Lini Pertahanan Kedua, terdiri dari Divisi Corporate Secretary      2. The Second Line of Defense, consists of the Corporate Secretary
    dan Divisi Risk Management/Integrated; dan                             Division and Risk Management/Integrated Division; and
3. Lini Pertahanan Ketiga adalah Divisi SKAI & Anti Fraud.             3. The Third Line of Defense is SKAI & Anti Fraud Division.


Kebijakan dan Mekanisme dalam Rangka                                   Policies and Mechanism in the Framework of
Meningkatkan Kualitas Pelayanan kepada                                 Increasing Service Quality to Customers and
Nasabah dan Pemangku Kepentingan Lainnya                               Other Stakeholders to Control Reputation Risk
untuk Mengendalikan Risiko Reputasi
Bank telah membentuk layanan contact center yang secara                The Bank has established a contact center service that specifically
khusus menangani keluhan nasabah melalui layanan telepon               handles customer complaints through 24-hour telephone service
24 jam dan melakukan monitoring atas keluhan nasabah serta             and monitors customer complaints and their follow-up. In order
tindak lanjutnya. Dalam rangka pengendalian risiko reputasi,           to control reputation risk, the Bank, among others, conducts the
Bank melakukan beberapa hal di antaranya:                              following matters:
1. Tersedianya ketentuan penanganan pengaduan nasabah                  1. The availability of provisions for handling customer
    yang secara jelas mengatur kebijakan, prosedur, unit kerja              complaints that clearly regulate policies, procedures, work
    yang melakukan pemantauan dan pelaporan seputar                         units that monitor and report on the handling of customer
    penanganan pengaduan nasabah; serta                                     complaints; and
2. Pemantauan terhadap jumlah dan penyelesaian pengaduan               2. Monitoring the number and settlement of customer
    nasabah serta pemberitaan negatif tentang Bank Victoria.                complaints as well as negative news about Bank Victoria.


Pengelolaan Risiko Reputasi pada Saat Krisis                           Reputation Risk Management in Times of Crisis
1. Pengelolaan krisis komunikasi dikoordinasikan oleh pihak            1. The management of communication crisis coordinated by
   internal dan eksternal Bank termasuk media massa dengan                the Bank’s internal and external parties, including mass
   alur protokol komunikasi dan penanggung jawab komunikasi;              media under the flow of communication protocol and the
   dan                                                                    person in charge of communication; and
2. Bank memiliki business continuity plan untuk meminimalisasi         2. The Bank has a business continuity plan to minimize the
   gangguan usaha Bank dan mempercepat proses pemulihan                   Bank’s business disruption and accelerate crisis recovery
   krisis pada risiko reputasi.                                           process of reputation risk.



Risiko Stratejik                                                       Strategic Risk

Risiko stratejik adalah risiko akibat ketidaktepatan dalam             Strategic Risk is a risk as a result of incorrectness in making
pengambilan dan/atau pelaksanaan suatu keputusan strategis,            and/or implementing a strategic decision, as well as failure in
serta kegagalan dalam mengantisipasi perubahan lingkungan              anticipating changes in the business environment. The Bank’s
bisnis. Ketidakmampuan Bank dalam melakukan penyusunan                 inability to formulate appropriate strategies may result in the




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strategi yang tepat dapat menimbulkan kegagalan bisnis Bank di          failure of the Bank’s business in the future. This risk also includes
masa yang akan datang. Risiko ini juga mencakup kemampuan               the Bank’s ability to develop competitiveness and create a
Bank dalam mengembangkan daya saing dan menciptakan                     competitive advantage in the midst of the increasingly tight
keunggulan kompetitif Bank di tengah kompetisi perbankan yang           banking competition.
semakin ketat.


Tujuan utama manajemen risiko untuk risiko stratejik adalah             The main objective of risk management for strategic risk is to
memastikan bahwa proses manajemen risiko dapat meminimalkan             ensure that the risk management process can minimize the
kemungkinan dampak negatif dari ketidaktepatan pengambilan              potential negative impact of inaccuracy of strategic decision
keputusan stratejik dan kegagalan dalam mengantisipasi                  making and failure in anticipating changes in the business
perubahan lingkungan bisnis. Bank menetapkan dan mencapai               environment. The Bank sets and achieves strategic objectives
tujuan strategis untuk memberikan hasil yang optimal bagi               to provide optimal results for stakeholders while maintaining
pemangku kepentingan dengan tetap menjaga keseimbangan                  a balance between risk and profit, in line with changes in
antara risiko dan keuntungan, sejalan dengan perubahan kondisi          macroeconomic conditions and customer needs.
makro ekonomi dan kebutuhan nasabah.


Bank selalu mengevaluasi kinerja bisnis dari waktu ke waktu yang        The Bank always evaluates the business performance from time
disesuaikan dengan perubahan internal maupun eksternal Bank             to time in accordance with the Bank’s internal and external
guna memperkecil risiko stratejik Bank.                                 changes to minimize the Bank’s strategic risks.



Struktur Organisasi Manajemen Risiko Stratejik                          Organizational Structure of Strategic
                                                                        Risk Management
Pengelolaan risiko stratejik melibatkan berbagai pihak dalam            Strategic management involves various parties within the Bank
Bank melalui penerapan pertahanan berlapis (three lines of              through the implementation of three lines of defense which
defense) yang berfungsi sebagai berikut:                                function as follows:
1. Lini Pertahanan Pertama merupakan Direksi, Senior Executive          1. The First Line of Defense is the Board of Directors, Senior
    Vice President, dan Unit Bisnis;                                        Executive Vice President, and Business Units;
2. Lini Pertahanan Kedua, terdiri dari Divisi Corporate Secretary,      2. The Second Line of Defense, consists of the Corporate
    Divisi Accounting, dan Divisi Risk Management/Integrated;               Secretary Division, Accounting Division, and Risk
    dan                                                                     Management/Integrated Division; and
3. Lini Pertahanan Ketiga adalah Divisi SKAI & Anti Fraud.              3. The Third Line of Defense is SKAI & Anti Fraud Division.


Bank memiliki sistem pengendalian internal untuk manajemen risiko       The Bank has an internal control system for strategic risk management,
stratejik, mencakup pengawasan secara berkala atas kinerja Bank         which includes regular monitoring of the Bank’s performance that
yang berdampak pada pendapatan usaha dan budaya pengendalian            have an impact on business revenues, and a strategic risk control
risiko stratejik yang melibatkan seluruh lini bisnis Bank.              culture that involves all of the Bank’s business lines.


Kebijakan Bank dalam Mengidentifikasi dan                               Bank Policies to Identify and Respond to Changes
Merespons Perubahan Lingkungan Bisnis,                                  in Business Environment, External and Internal
baik Eksternal maupun Internal
Penyusunan strategi Bank dituangkan dalam rencana bisnis Bank           The formulation of the Bank’s strategy set forth in the Bank’s
melalui serangkaian diskusi yang melibatkan jajaran manajemen.          business plan through a series of discussions involving
Kebijakan umum atau arahan strategis yang dirumuskan Bank               management ranks. The general policies or strategic directions
adaptif terhadap perubahan lingkungan, baik internal maupun             formulated by the Bank are made adaptive to internal and
eksternal dan dilakukan dalam perspektif jangka pendek maupun           external environment changes and carried out in a short-term
jangka menengah, yang dikaji ulang secara berkala minimal               and medium-term perspective, reviewed periodically at least
setahun sekali.                                                         once a year.


Bank selalu mengevaluasi kinerja bisnis dari waktu ke waktu             The Bank always evaluates the business performance from time to
yang disesuaikan dengan perubahan internal maupun eksternal             time in accordance with the Bank’s internal and external changes
Bank guna memperkecil risiko stratejik Bank, seperti melakukan          to minimize the Bank’s strategic risks, such as taking strategic
langkah strategis di tengah ketidakpastian ekonomi dengan               steps in the midst of economic uncertainty by considering and
mempertimbangkan dan menyesuaikan beberapa aktivitas yang               adjusting several activities carried out manually or conventionally
dilakukan secara manual atau konvensional ke dalam proses               to the digitalization process.
digitalisasi.




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      Struktur Permodalan dan Manajemen Risiko
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Mekanisme untuk Mengukur Kemajuan yang                                 Mechanism to Measure Progress Achieved from
Dicapai dari Rencana Bisnis yang Ditetapkan                            the Defined Business Plan
Pemantauan dan evaluasi atas pencapaian kinerja keuangan               Monitoring and evaluation of the Bank’s financial performance
Bank terhadap target yang telah disusun mendapatkan perhatian          achievement against the targets set have received the Bank’s
penuh dari manajemen Bank, yang secara khusus menjadi                  management full attention, which is specifically discussed in
pembahasan dalam rapat Direksi secara rutin setiap bulan atau          the Board of Directors’ meetings regularly on a monthly basis or
antara Dewan Komisaris dengan Direksi.                                 between the Board of Commissioners and the Board o Directors.



Risiko Kepatuhan                                                       Compliance Risk

Risiko kepatuhan adalah risiko akibat Bank tidak mematuhi dan/         Compliance risk is a risk due to the Bank’s failure to comply
atau tidak melaksanakan peraturan perundang-undangan dan               with and/or enforce the applicable laws and regulations. Failure
ketentuan yang berlaku. Kegagalan dalam mengelola risiko               to manage compliance risk may cause the Bank to be subject
kepatuhan tersebut dapat menyebabkan Bank terkena sanksi dan           to sanctions and penalties from the regulator, and therefore,
denda dari regulator serta berdampak terhadap kelangsungan             affecting the Bank’s business continuity and governance.
usaha Bank, sehingga dapat memengaruhi tata kelola Bank.
                                                                       Compliance risk may arise from legal behavior, which is the
Risiko kepatuhan dapat bersumber dari perilaku hukum, yaitu perilaku   Bank’s behavior or activity that deviates from or violates the
atau aktivitas Bank yang menyimpang atau melanggar dari ketentuan      provisions and/or laws and regulations. Whereas organizational
dan/atau peraturan perundang-undangan. Sedangkan perilaku              behavior, which is the Bank’s behavior or activity that deviates
organisasi, yaitu perilaku atau aktivitas Bank yang menyimpang atau    from or in contrary to the generally accepted standards.
bertentangan dari standar yang berlaku secara umum.
                                                                       The main objective of risk management for compliance risk is
Tujuan utama manajemen risiko untuk risiko kepatuhan adalah            to ensure that the risk management process can minimize the
untuk memastikan bahwa proses manajemen risiko dapat                   possibility of negative impacts that deviates or violates the
meminimalkan kemungkinan dampak negatif yang menyimpang                generally accepted standards and/or laws and regulations.
atau melanggar standar dan/atau peraturan dan perundang-
undangan yang berlaku.


Struktur Organisasi Manajemen Risiko Kepatuhan                         Organizational Structure of Compliance
                                                                       Risk Management
Pengelolaan risiko kepatuhan melibatkan berbagai pihak dalam           Compliance management involves various parties within the
Bank melalui penerapan pertahanan berlapis (three lines of             Bank through the implementation of three lines of defense which
defense) yang berfungsi sebagai berikut:                               function as follows:
1. Lini Pertahanan Pertama merupakan Risk Taking Unit atau             1. The First Line of Defense is Risk Taking Unit or business
    unit bisnis dan/atau fungsi pendukung yang bergerak atau               unit and/or supporting function that operates or supports
    mendukung aktivitas penghasil pendapatan yang memiliki                 income-generating activities that own and manage risk;
    dan mengelola risiko;
2. Lini Pertahanan Kedua terdiri dari Divisi Kepatuhan, Unit           2. The Second Line of Defense consists of the Compliance
    Anti Money Laundering (AML) dan Divisi Risk Management/               Division, Anti Money Laundering (AML) Unit, and Risk
    Integrated ; dan                                                      Management/Integrated Division; and
3. Lini Pertahanan Ketiga adalah SKAI & Anti Fraud.                    3. The Third Line of Defense is SKAI & Anti Fraud.


Penerapan manajemen risiko kepatuhan melibatkan berbagai               The implementation of compliance risk management involves
pihak dalam Bank. Organisasi manajemen risiko kepatuhan                various parties within the Bank. The compliance risk management
melibatkan pengawasan aktif Dewan Komisaris dan Direksi                organization involves active supervision of the Board of Commissioners
yang berperan mengawasi kebijakan dan pelaksanaan                      and the Board of Directors whose role is to oversee the policy and
fungsi kepatuhan dalam pengelolaan risiko kepatuhan serta              implementation of compliance function in managing compliance risk
mewujudkan terlaksananya budaya kepatuhan pada semua                   and realizing the implementation of a compliance culture at all levels
tingkatan organisasi dan kegiatan usaha Bank. Untuk mendukung          of the organization and the Bank’s business activities. To support the
pelaksanaan fungsi risiko kepatuhan tersebut, Bank membentuk           implementation of compliance risk function, the Bank established
Komite Implementasi dan Pemantauan GCG.                                GCG Implementation and Monitoring Committee.




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Strategi Manajemen Risiko dan Efektivitas                                Risk Management Strategy and Effectiveness of
Penerapan Manajemen Risiko Kepatuhan                                     Compliance Risk Management Implementation
Penerapan manajemen risiko kepatuhan disesuaikan dengan ukuran           The implementation of compliance risk management is adjusted to
dan kompleksitas usaha Bank tidak terlepas dari pengawasan aktif         the Bank’s business size and complexity, which is inseparable from
Dewan Komisaris dan Direksi dalam merumuskan strategi dengan             the active supervision of the Board of Commissioners and Board of
memperhatikan tingkat risiko yang akan diambil dan risiko toleransi      Directors in formulating strategies by considering the risk appetite
guna mendorong terciptanya budaya kepatuhan, menetapkan                  and risk tolerance in order to promote the creation of a compliance
sistem dan prosedur yang akan digunakan untuk penyusunan                 culture, to establish system and procedure that will be used for the
ketentuan dan pedoman internal Bank, serta melakukan tindakan            preparation of the Bank’s internal provisions and guidelines, and to
pencegahan agar kebijakan dan/atau keputusan tidak menyimpang            take preventive actions so that the policies and/or decisions do not
dari ketentuan dan perundang-undangan yang berlaku.                      deviate from the applicable provisions, laws and regulations.


Adapun strategi yang diterapkan Bank dalam penerapan                     Strategies implemented by the Bank in implementing compliance
manajemen risiko kepatuhan, di antaranya sebagai berikut:                risk management include the following:
1. Arahan dari Top Manajemen, Direksi yang dikoordinasikan               1. Direction from the Top Management, Board of Directors
   oleh kepatuhan mengembangkan dan mengimplementasikan                       coordinated by compliance to develop and implement a
   budaya kepatuhan di dalam organisasi. Kepatuhan                            culture of compliance within the organization. Compliance
   merupakan bagian dari Key Performance Indicator Bank dan                   is part of the Bank’s Key Performance Indicators and is
   disosialisasikan melalui pesan Direktur, pelatihan Bank, dan               disseminated through Board of Directors’ messages, the
   berbagai pendekatan lainnya;                                               Bank’s training, and other approaches;
2. Menetapkan program Kode Etik dan kepatuhan, di mana                   2. Establishing Code of Conduct and compliance program, in
   Dewan dan Manajemen Senior, dan semua staf berbagi                         which the Board and Senior Management, and all staff share
   rasa tanggung jawab untuk melindungi aset reputasi dan                     a sense of responsibility to protect the Bank’s reputation and
   keuangan Bank melalui budaya perilaku etis dan kepatuhan                   financial assets through a culture of ethical behavior and
   terhadap peraturan internal dan eksternal;                                 compliance with internal and external regulations;
3. Membangun Budaya Perusahaan yang berintegritas, yang                  3. Establishing a Company Culture with integrity, which is
   diturunkan dari atas ke bawah. Budaya integritas adalah inti               passed down from the top to the bottom. A culture of
   dari program etika dan kepatuhan yang efektif;                             integrity is at the heart of an effective ethics and compliance
4. Penilaian risiko terhadap risiko yang signifikan dan risiko                program;
   konsentrasi tertinggi dalam organisasi, dan memberikan                4. Risk assessment of significant risks and highest concentration
   tindakan dasar yang diperlukan untuk menghindari,                          risks within the organization, and providing basic actions
   memitigasi, atau memulihkan risiko tersebut;                               required to avoid, mitigate, or remediate such risks;
5. Program pengujian dan pemantauan yang kuat untuk                      5. A robust testing and monitoring program to help ensure an
   membantu memastikan lingkungan pengendalian efektif; dan                   effective control environment; and
6. Tindakan      penegakan    hukum     seperti    pemantauan            6. Enforcement actions such as ongoing monitoring of
   berkelanjutan terhadap kewajiban peraturan.                                regulatory obligations.


Pemantauan dan Pengendalian Risiko Kepatuhan                             Monitoring and Controlling Compliance Risk
Pemantauan dan pengendalian yang dilakukan dalam manajemen               Monitoring and control carried out in compliance risk
risiko kepatuhan antara lain dengan:                                     management include:
1. Melakukan uji kepatuhan untuk memastikan Bank mematuhi                1. Carrying out compliance test to ensure that the Bank
     ketentuan yang berlaku;                                                complies with the applicable regulations;
2. Memantau dampak finansial dan non-finansial dari                      2. Monitoring financial and non-financial impacts of the Bank’s
     ketidakpatuhan Bank terhadap regulasi secara berkala;                  non-compliance with regulations on a regular basis;
3. Melakukan pemantauan Kepatuhan Bulanan Key Risk                       3. Monitoring Monthly Key Risk Indicator (KRI) Compliance;
     Indicator (KRI);
4. Mewujudkan terlaksananya budaya kepatuhan pada seluruh                4. Achieving the implementation of compliance culture at all of
     kegiatan usaha Bank di setiap jenjang organisasi, antara lain          the Bank’s business activities at every organizational level,
     melalui pelaksanaan sosialisasi dan pelatihan atas ketentuan           through dissemination and training on the prevailing rules
     dan aturan yang berlaku, serta memberikan masukan dan saran            and regulations, and providing input and advice to other
     kepada unit-unit lain untuk memastikan kepatuhan Bank;                 units to ensure the Bank’s compliance;
5. Memberikan nasihat kepatuhan untuk direkomendasikan/                  5. Providing compliance advice to be recommended/
     dilaksanakan kepada unit kerja terkait, sehubungan dengan              implemented to related units, in connection with compliance
     masalah kepatuhan dan AML, penilaian kepatuhan atas tinjauan           and AML issues, compliance assessment of credit facility
     fasilitas kredit, serta penilaian atas permasalahan kepatuhan          reviews, as well as assessment of compliance issues in
     dalam kebijakan internal/prosedur/produk/aksi korporasi;               internal policies/procedures/products/corporate actions;




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6. Menilai dan mengevaluasi kecukupan, dan kesesuaian                     6. Assessing and evaluating the adequacy and conformity of the
   kebijakan, ketentuan, sistem maupun prosedur yang dimiliki                Bank’s policies, regulations, systems, and procedures against
   oleh Bank dengan ketentuan dan peraturan yang berlaku;                    the applicable provisions and regulations;
7. Memantau atas pelaksanaan prinsip kehati-hatian Bank;                  7. Monitoring the implementation of the Bank’s prudential
                                                                             principles;
8. Mengelola risiko kepatuhan, selain dilakukan melalui uji               8. Managing compliance risk, in addition to conducting
   kepatuhan, juga dilakukan melalui pemantauan terhadap                     compliance tests, is also conducted through monitoring on
   pemenuhan komitmen Bank kepada regulator, baik                            the Bank’s commitment to the regulator, either based on
   berdasarkan hasil pemeriksaan regulator maupun melalui                    regulatory examination results or through correspondence
   korespondensi antara Bank dengan regulator; dan                           between the Bank and the regulator; and
9. Penerapan Anti Pencucian Uang dan Pencegahan Pendanaan                 9. Implementing Anti Money Laundering and Counter-Terrorism
   Terorisme di perbankan yang terdiri dari 5 (lima) prinsip                 Funding in banking consisting of 5 (five) main principles,
   utama, yaitu:                                                             which are:
   a. Pengawasan aktif Dewan Komisaris dan Direksi;                          a. Active monitoring of the Board of Commissioners and
                                                                                 Board of Directors;
    b.    Kebijakan dan prosedur;                                            b. Policies and procedures;
    c.    Pengendalian internal;                                             c. Internal control;
    d.    Sistem informasi manajemen; dan                                    d. Management information system; and
    e.    Sumber daya manusia dan pelatihan.                                 e. Human resources and training.



Risiko terkait Iklim                                                      Climate-related Risks

Di tengah dinamika industri perbankan yang terus berkembang,              In the midst of the ever-changing banking industry, climate
perubahan iklim telah muncul sebagai faktor risiko yang signifikan        change has emerged as a significant risk factor for the banking
bagi dunia perbankan. Bank menghadapi sejumlah risiko terkait             world. Banks face a number of climate-related risks that can
iklim yang dapat memengaruhi keseimbangan keuangan, reputasi,             affect their financial balance, reputation, and contribution to
dan kontribusi terhadap stabilitas ekonomi secara keseluruhan.            overall economic stability. Some of the climate-related risks
Beberapa risiko terkait iklim yang dihadapi adalah risiko kredit,         faced are credit risk, market risk, operational risk, and reputation
risiko pasar, risiko operasional, dan risiko reputasi.                    risk.


Pada risiko kredit, perubahan iklim dapat memberikan dampak               \In credit risk, climate change may have a significant impact on
signifikan pada kinerja keuangan debitur, terutama bagi sektor            debtors’ financial performance, particularly for sectors that are
yang rentan terhadap perubahan iklim, seperti pertanian,                  vulnerable to climate change, such as agriculture, energy, or real
energi, atau real estat. Kondisi cuaca ekstrem, seperti badai             estate. Extreme weather conditions, such as storms or drought,
atau kekeringan dapat merugikan kemampuan debitur                         can harm debtors’ ability to meet obligations, which may lead to
untuk memenuhi kewajiban sehingga dapat menyebabkan                       increased levels of bad loans.
meningkatnya tingkat kredit macet.


Risiko pasar juga menjadi perhatian, terutama dalam hal aset yang         Market risk is also a concern, especially in assets related to
terkait dengan sektor yang rentan terhadap perubahan iklim, seperti       sectors that are vulnerable to climate change, such as investment
investasi dalam proyek energi fosil menjadi tidak berkelanjutan           in fossil energy projects that turns unsustainable as regulations
seiring dengan meningkatnya regulasi dan tekanan masyarakat               and public pressure on renewable energy increase. The value of
terhadap energi terbarukan. Nilai aset-aset tersebut dapat                such assets may significantly decline if not managed properly.
mengalami penurunan yang signifikan jika tidak dikelola dengan baik.


Selain itu, risiko operasional dapat meningkat seiring dengan frekuensi   Furthermore, operational risk may increase along with the
dan intensitas peristiwa cuaca ekstrem. Gangguan operasional              frequent and intense extreme weather events. Operational
akibat banjir, badai, atau kejadian iklim lainnya dapat menyebabkan       disruptions due to floods, storms, or other climate events may
penurunan efisiensi operasional, kerugian finansial, dan bahkan           lead to decline in operational efficiency, financial loss, and even
kerugian data jika tidak ada langkah-langkah mitigasi yang tepat.         data loss if appropriate mitigation measures are not in place.


Aspek reputasi juga merupakan risiko yang signifikan. Bank                Reputation aspect is also a significant risk. Banks are increasingly
semakin diawasi oleh masyarakat dan pemangku kepentingan                  monitored by the public and stakeholders regarding environmental
terkait tanggung jawab lingkungan dan sosial. Keterlibatan                and social responsibility. Involvement in financial activities that




334         PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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dalam kegiatan keuangan yang mendukung industri-industri                support high-emission industries or harm the environment can
beremisi tinggi atau merugikan lingkungan dapat merugikan               harm the Bank’s reputation and reduce customer trust.
reputasi Bank dan mengurangi kepercayaan nasabah.


Aspek risiko iklim menjadi salah satu aspek penting dalam               The climate risk aspect is an important aspect in making finance
pengambilan keputusan pembiayaan dalam memastikan                       decisions in order to ensure the sustainability of investment
keberlanjutan portofolio investasi. Integrasi risiko terkait iklim      portfolios. The integration of climate-related risk into aspects of
ke dalam aspek tata kelola, strategi bisnis, dan kerangka kerja         governance, business strategy, and risk management framework
manajemen risiko menjadi hal yang krusial sebagai bentuk                is crucial as a form of application of the prudential principles
penerapan prinsip kehati-hatian serta prinsip just and fair             and just and fair transition for all principle in realizing the
transition for all dalam mewujudkan pencapaian Nett Zero                achievement of Net Zero Emissions (NZE) in 2060 or earlier.
Emission (NZE) di tahun 2060 atau lebih awal.


Menghadapi risiko terkait iklim ini, Bank mengintegrasikan              Facing these climate-related risks, the Bank integrates
pertimbangan iklim dalam strategi bisnis. Bank mengadopsi praktik       climate considerations into business strategy. The bank adopts
keuangan berkelanjutan, melakukan evaluasi risiko iklim terpadu,        sustainable finance practices, conducts integrated climate risk
dan mengembangkan skenario stres iklim untuk memahami dampak            evaluations, and develops climate stress scenarios to understand
potensialnya terhadap portofolio. Selain itu, Bank juga berupaya        their potential impact on the portfolio. In addition, the Bank
mendukung proyek-proyek hijau dan berinvestasi dalam inovasi            also seeks to support green projects and invest in technology
teknologi yang berkontribusi pada mitigasi perubahan iklim.             innovations that contribute to mitigate the climate change.



Evaluasi terhadap Efektivitas                                           Evaluation of Risk Management
Manajemen Risiko                                                        Effectiveness

Penerapan sistem manajemen risiko dievaluasi secara berkala             The implementation of risk management system is evaluated
oleh Divisi Risk Management/Integrated bersama Divisi/Unit              periodically by the Risk Management/Integrated Division
terkait. Evaluasi dilakukan untuk mengidentifikasi kelemahan-           together with related Divisions/Units. Evaluation is carried out
kelemahan pelaksanaan pengendalian internal agar Bank dapat             to identify weaknesses in the implementation of internal control
mengambil langkah yang tepat untuk meningkatkan strategi                so that the Bank can take appropriate steps to improve its risk
pengelolaan risiko sesuai dengan dinamika perkembangan Bank.            management strategy in accordance with the dynamics of the
                                                                        Bank’s development.



Pernyataan Dewan Komisaris dan Direksi                                  Statement of the Board of Commissioners
atas Kecukupan Manajemen Risiko                                         and Board of Directors on the Adequacy of
                                                                        Risk Management

Dewan Komisaris dan Direksi menilai penerapan sistem                    The Board of Commissioners and Board of Directors consider that
manajemen risiko tahun 2023 telah berjalan dengan baik.                 the risk management system implementation in 2023 has run
Seluruh potensi risiko yang teridentifikasi pada tahun buku             properly. All potential risks identified in the fiscal year were under
tersebut dapat dikendalikan dengan disertai langkah-langkah             control with appropriate and effective mitigation measures.
mitigasi yang tepat dan efektif.




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




Manajemen Risiko Grup Keuangan Victoria
Victoria Financial Group Risk Management


Industri lembaga jasa keuangan memiliki sistem keuangan yang           Financial services institution industry has complex and
kompleks, dinamis, dan saling terkait antar sektor jasa keuangan       dynamic financial system and are interrelated among financial
yang menyebabkan meningkatnya eksposur risiko. Untuk                   services leading to the increase in risk exposure. To overcome
mengatasi kondisi tersebut, Grup Keuangan Victoria menerapkan          such condition, Victoria Financial Group implements the risk
manajemen risiko secara komprehensif dan terintegrasi.                 management in a comprehensive and integrated manner.



Dasar Penerapan Manajemen Risiko pada                                  Basis of Risk Management Implementation in
Grup Keuangan Victoria                                                 Victoria Financial Group

Berdasarkan Surat Otoritas Jasa Keuangan No. S-66/ PB.33/2021          Based      on     the     Financial    Services    Authority      Letter
tanggal 23 Juni 2021 tentang Perubahan Status Konglomerasi             No. S-66/PB.33/2021 dated 23 June 2021 on Changes in Status of
Keuangan Grup Victoria menjadi Grup Keuangan Victoria                  Victoria Group Financial Conglomeration to Victoria Financial Group and
beserta lampirannya, dan tidak bertentangan dengan ketentuan           its attachments, this does not conflict with the provisions of Financial
Peraturan Otoritas Jasa Keuangan terkait Konglomerasi Keuangan         Services Authority Regulations regarding Financial Conglomeration
dan Kewajiban Penyediaan Modal Minimum Terintegrasi bagi               and Integrated Minimum Capital Adequacy Requirement for Financial
Konglomerasi Keuangan sepanjang dinyatakan tetap berlaku, seperti:     Conglomeration, as long as it remains valid, among others:
1. Peraturan Otoritas Jasa Keuangan No. 17/POJK.03/2014                1. Financial Services Authority Regulation No. 17/POJK.03/2014
    tanggal 18 November 2014 tentang Penerapan Manajemen                    dated 18 November 2014, on Implementation of Integrated
    Risiko Terintegrasi bagi Konglomerasi Keuangan;                         Risk Management for Financial Conglomeration;
2. Peraturan Otoritas Jasa Keuangan No. 18/POJK.03/2014                2. Financial Services Authority Regulation No. 18/POJK.03/2014
    tanggal 18 November 2014 tentang Penerapan Tata Kelola                  dated 18 November 2014 on Implementation of Integrated
    Terintegrasi bagi Konglomerasi Keuangan; dan                            Governance for Financial Conglomeration; and
3. Peraturan Otoritas Jasa Keuangan No. 26/POJK.03/2015                3. Financial Services Authority Regulation No. 26/POJK.03/2015
    tanggal 11 Desember 2015 tentang Kewajiban Penyediaan                   dated 11 December 2015 on Integrated Minimum Capital
    Modal Minimum Terintegrasi bagi Konglomerasi Keuangan.                  Adequacy Requirement for Financial Conglomeration.



Anggota Grup Keuangan Victoria                                         Members of Victoria Financial Group

Pada tahun 2023, lembaga jasa keuangan yang tergabung dalam            In 2023, financial services institutions that are members of the
Grup Keuangan Victoria meliputi:                                       Victoria Financial Group included:
1. PT Bank Victoria International Tbk (Entitas Koordinator);           1. PT Bank Victoria International Tbk (Coordinating Entity);
2. PT Bank Victoria Syariah;                                           2. PT Bank Victoria Syariah;
3. PT Victoria Manajemen Investasi;                                    3. PT Victoria Manajemen Investasi;
4. PT Victoria Sekuritas Indonesia;                                    4. PT Victoria Sekuritas Indonesia;
5. PT Victoria Insurance Tbk; dan                                      5. PT Victoria Insurance Tbk; dan
6. PT Victoria Alife Indonesia.                                        6. PT Victoria Alife Indonesia.


Bank Victoria telah ditunjuk sebagai Entitas Koordinator               Bank Victoria has been appointed as the Coordinator Entity
dalam Grup Keuangan Victoria berdasarkan Surat Otoritas Jasa           within Victoria Financial Group based on the Financial Services
Keuangan No. S-66/PB.33/2021 tanggal 23 Juni 2021 perihal              Authority Letter No. S-66/PB.33/2021 dated 23 June 2021 on
Perubahan Status Konglomerasi Keuangan Grup Victoria menjadi           Changes in Status of Victoria Group Financial Conglomeration to
Grup Keuangan Victoria.                                                Victoria Financial Group.


Dalam rangka penerapan manajemen risiko yang komprehensif dan          In order to implement comprehensive and effective risk management,
efektif, Entitas Koordinator perlu membentuk organisasi manajemen      the Coordinating Entity needs to establish an integrated risk
risiko secara terintegrasi dalam Grup Keuangan Victoria, antara        management organization within the Victoria Financial Group,
lain Komite Manajemen Risiko Terintegrasi dalam Grup Keuangan          among others the Integrated Risk Management Committee in
Victoria dan Satuan Kerja Manajemen Risiko Terintegrasi.               Victoria Financial Group and Integrated Risk Management Unit.




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Satuan Kerja Manajemen Risiko Terintegrasi melakukan                    The Integrated Risk Management Unit is tasked with monitoring
pemantauan eksposur risiko pada anggota Grup Keuangan                   risk exposure of Victoria Financial Group members and providing
Victoria serta memberikan informasi kepada Komite Manajemen             information to the Integrated Risk Management Committee
Risiko Terintegrasi dalam Grup Keuangan Victoria akan hal-hal           within Victoria Financial Group on matters requiring follow
yang perlu ditindaklanjuti terkait hasil evaluasi dari pemantauan       up on the evaluation results from monitoring integrated risk
terhadap penerapan manajemen risiko secara terintegrasi.                management implementation.


Penerapan manajemen risiko pada Grup Keuangan Victoria                  The integrated risk management in Victoria Financial Group is
secara terintegrasi dilakukan melalui pendekatan berdasarkan            implemented through a risk-based approach with the following
risiko dengan prinsip-prinsip:                                          principles:
1. Agregasi Risiko                                                      1. Risk Aggregation
     Penilaian risiko didasarkan pada risiko yang terdapat                  Comprehensive risk assessment based on risks found in
     dalam Grup Keuangan Victoria secara menyeluruh dengan                  Victoria Financial Group by considering the arising impact on
     memperhatikan dampak yang ditimbulkan terhadap kondisi                 Victoria Financial Group’s condition.
     Grup Keuangan Victoria.
2. Holistik                                                             2. Holistic
     Penilaian risiko dilakukan dengan melihat keterkaitan                 Risk assessment performed by looking at the link between
     antara satu faktor dengan faktor lainnya, sehingga diperoleh          one factor and another in order to reach a conclusion that
     kesimpulan yang memberikan gambaran mengenai risiko                   gives an overall picture of risks in Victoria Financial Group.
     Grup Keuangan Victoria secara keseluruhan.
3. Signifikansi/Materialitas dan Proporsionalitas                       3. Significance/Materiality and Proportionality
     Penilaian risiko dilakukan dengan memperhatikan signifikansi/         Risk assessment carried out with due regard to the risk
     materialitas risiko secara proporsional pada Grup Keuangan            significance/materiality in a proportional manner in Victoria
     Victoria secara keseluruhan dengan memperhatikan struktur,            Financial Group as a whole, by considering the structure,
     karakteristik, dan kompleksitas dari Grup Keuangan Victoria.          characteristics, and complexity of Victoria Financial Group.
4. Komprehensif dan terstruktur, yaitu penilaian risiko dilakukan       4. Comprehensive and structured, means risk assessment carried
     dengan analisis mendalam dengan memperhatikan faktor-                 out in an in-depth analysis by considering comprehensive,
     faktor penilaian secara luas, lengkap, dan utuh.                      complete, and intact assessment factors.



Pilar Penerapan Manajemen Risiko Grup                                   Pillars of Integrated Risk Management
Keuangan Victoria secara Terintegrasi                                   Implementation of Victoria Financial Group

Pengawasan Dewan Komisaris dan                                          Supervision of the Board of Commissioners and
Direksi Entitas Koordinator                                             Board of Directors of the Coordinating Entity
Dewan Komisaris dan Direksi Entitas Koordinator memastikan              The Board of Commissioners and Board of Directors of the
atas efektivitas penerapan Manajemen Risiko dalam Grup                  Coordinating Entity ensure the effectiveness of Risk Management
Keuangan Victoria.                                                      implementation in Victoria Financial Group.


Selain melaksanakan wewenang dan tanggung jawab dalam                   Apart from exercising authority and responsibilities in order to
rangka penerapan manajemen risiko Grup Keuangan Victoria,               implement risk management in Victoria Financial Group, the Board
Dewan Komisaris dan Direksi Entitas Koordinator juga tetap              of Commissioners and Board of Directors of the Coordinating
melaksanakan wewenang dan tanggung jawabnya dalam rangka                Entity also exercise their authority and responsibilities in order
penerapan manajemen risiko pada Entitas Koordinator, sesuai             to implement risk management in the Coordinating Entity, in
dengan ketentuan yang berlaku bagi Entitas Koordinator.                 accordance with the provisions applicable to the Coordinating Entity.


Kecukupan Kebijakan, Prosedur, dan                                      Adequacy of Policies, Procedures, and Limit
Penetapan Limit
Kebijakan manajemen risiko Grup Keuangan Victoria merupakan             Establishment The risk management policies of Victoria Financial
arahan tertulis dalam menerapkan manajemen risiko sesuai                Group are written direction in implementing risk management in
dengan karakteristik dan kompleksitas kegiatan dan praktik usaha        accordance with the characteristics and complexity of activities
yang sehat. Dalam mendukung efektivitas penerapan manajemen             and sound business practices. In supporting the effectiveness
risiko Grup Keuangan Victoria secara terintegrasi, di mana dalam        of integrated risk management implementation in Victoria
pelaksanaannya telah dilengkapi dengan Kebijakan Manajemen              Financial Group, its implementation has been equipped with
Risiko Grup Keuangan Victoria yang disesuaikan dengan strategi          Victoria Financial Group Risk Management Policies that are




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      Struktur Permodalan dan Manajemen Risiko
      Capital Structure and Risk Management




manajemen risiko dengan memperhatikan tingkat risiko yang akan             adjusted to the risk management strategies by considering the
diambil (risk appetite) dan toleransi risiko (risk tolerance) atau limit   risk appetite and risk tolerance or limits. According to Victoria
sesuai karaterisktik dan kompleksitas usaha Grup Keuangan Victoria.        Financial Group’s business characteristics and complexity.


Kecukupan Proses Identifikasi, Pengukuran,                                 Adequacy of Process of Risk Identification,
Pemantauan dan Pengendalian serta Sistem                                   Measurement, Monitoring, and Control, as well
Informasi Manajemen Risiko                                                 as Risk Management Information System
Secara berkesinambungan, Grup Keuangan Victoria terus                      On an ongoing basis, Victoria Financial Group keeps improving
menyempurnakan proses manajemen risiko secara komprehensif.                its risk management process comprehensively. This is intended
Hal tersebut bertujuan agar informasi yang berpotensi merugikan            so that information on potential harm in an integrated manner
secara terintegrasi dalam Grup Keuangan Victoria dapat diketahui           within Victoria Financial Group can be detected as early as
sedini mungkin, sehingga dapat mengambil tindakan yang                     possible, so that sufficient actions can be taken to mitigate the
memadai untuk memitigasi dampak risiko seminimal mungkin.                  risk impact to be as minimum as possible.


Proses identifikasi risiko dilakukan secara proaktif, termasuk             Risk identification process is performed pro-actively, including all
dampak yang ditimbulkan. Selanjutnya, dilakukan pengukuran,                impacts that may be incurred. Thereafter, all business activities
pemantauan, dan pengendalian terhadap seluruh aktivitas usaha              of each Victoria Financial Group are measured, monitored,
masing-masing Grup Keuangan Victoria yang didukung oleh                    and controlled, with adequate support of risk management
sistem informasi manajemen risiko secara memadai.                          information system.


Pada proses manajemen risiko Grup Keuangan Victoria secara                 In the integrated risk management process of Victoria Financial
terintegrasi, seluruh lembaga jasa keuangan di dalam Grup                  Group, all financial services institutions within Victoria Financial
Keuangan Victoria saling bersinergi dalam melaksanakan                     Group are in synergy in carrying out business activities/
aktivitas bisnis/transaksi dengan tetap mengacu kepada prinsip             transactions by still referring to the principle of arm length and
arm length dan pengelolaan yang berbasis risiko.                           risk-based management.


Sistem Pengendalian Internal terhadap                                      Internal Control System on Integrated Risk
Penerapan Manajemen Risiko Terintegrasi                                    Management Implementation
Melalui fungsi pengendalian internal, Grup Keuangan Victoria               Through internal control function, Victoria Financial Group
senantiasa melakukan upaya-upaya untuk mengelola dan                       always makes efforts to manage and control the risks. In order
mengendalikan risiko. Dalam rangka melaksanakan pengendalian               to implement risk control, the Coordinating Entity ensures that
risiko, Entitas Koordinator memastikan grup keuangan memiliki              the financial group has a risk-based approach method to control
metode risk base approach untuk mengendalikan risiko atas risiko           risks for risks that may endanger the financial group’s business
yang dapat membahayakan kelangsungan usaha grup keuangan.                  continuity.


Secara umum, pengendalian internal terdiri dari serangkaian                In general, internal control consists of a set of procedures or
prosedur atau proses yang memastikan organisasi tetap pada                 processes that ensure the organization stays on track to achieve
jalurnya untuk mencapai tujuan yang ditetapkan. Adapun                     its stated objectives. The operational activity control process of
proses pengendalian aktivitas operasional masing-masing                    each member of Victoria Financial Group is carried out through
Grup Keuangan Victoria dilakukan melalui tindakan-tindakan                 control activities in every action within the organization structure.
pengendalian pada setiap tindakan dalam struktur organisasi.               This is carried out with intention to ensure:
Hal tersebut bertujuan untuk memastikan:
1. Kepatuhan terhadap kebijakan atau ketentuan internal serta              1. Compliance with internal policies and provisions, and the
    peraturan perundang-undangan yang berlaku;                                applicable laws and regulations;
2. Tersedianya informasi keuangan dan manajemen yang                       2. The availability of financial and management information
    lengkap, akurat, tepat guna, dan tepat waktu; dan                         that is complete, accurate, appropriate, and timely; and
3. Efektivitas budaya risiko (risk culture) pada organisasi grup           3. The effectiveness of risk culture in the financial group
    keuangan secara menyeluruh.                                               organization in overall.


Penjelasan di atas tertuang dalam Surat Keputusan Direksi                  The aforementioned explanation is contained in the Board of
No. 003/SK-DIR/08/21 tanggal 20 Agustus 2021 tentang Kebijakan             Directors’ Decision Letter No. 003/SK-DIR/08/21 dated 20 August
dan Pedoman Umum Manajemen Risiko Grup Keuangan Victoria.                  2021 on Risk Management Policies and General Guidelines of
                                                                           Victoria Financial Group.




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Struktur Organisasi dan Keanggotaan                                    Organizational Structure and Composition of
Manajemen Risiko Grup Keuangan Victoria                                Victoria Financial Group Risk Management

Terkait dengan penerapan manajemen risiko terintegrasi                 In relation to the integrated risk management implementation
dalam Grup Keuangan Victoria, maka Entitas Koordinator telah           within Victoria Financial Group, the Coordinating Entity has
membentuk:                                                             established:
1. Komite Manajemen Risiko Terintegrasi dalam Grup Keuangan            1. Integrated Risk Management Committee within Victoria
    Victoria; dan                                                          Financial Group; and
2. Satuan Kerja Manajemen Risiko Terintegrasi.                         2. Integrated Risk Management Work Unit.


Komite Manajemen Risiko Terintegrasi dalam                             Integrated Risk Management Committee in
Grup Keuangan Victoria                                                 Victoria Financial Group
Uraian terkait Komite Manajemen Risiko Terintegrasi dalam Grup         Description of the Financial Group Risk Management Committee
Keuangan Victoria dapat dilihat pada bab Tata Kelola Perusahaan        can be found in the Corporate Governance chapter of this
pada Laporan Tahunan ini.                                              Annual Report.


Satuan Kerja Manajemen Risiko Terintegrasi                             Integrated Risk Management Work Unit
Satuan Kerja Manajemen Risiko Terintegrasi merupakan pejabat           The Integrated Risk Management Work Unit is the executive
eksekutif yang berada satu tingkat di bawah Direksi yang memimpin      officer of one level below the Board of Director, who is in charge of
satuan kerja operasional dan/atau fungsi/satuan kerja manajemen        an operational work unit and/or risk management function/work
risiko. Pada Entitas Koordinator, Risk Management/ Integrated          unit. In the Coordinator Entity, the Risk Management/Integrated
Division dipimpin oleh seorang Kepala Divisi yang bertanggung          Division is led by a Division Head who is directly responsible to the
jawab langsung kepada Direktur Kepatuhan dan Manajemen Risiko.         Director of Compliance and Risk Management.


Satuan Kerja Manajemen Risiko Terintegrasi merupakan satuan            The Integrated Risk Management Work Unit Is an independent
kerja independen yang terpisah dengan satuan kerja yang                work unit separated from the work unit performing the internal
melaksanakan fungsi pengendalian internal dan Satuan Kerja             control function and Operational Work Unit (risk taking unit)
Operasional pada setiap anggota Grup Keuangan Victoria. Selain         in each member of Victoria Group financial conglomeration.
itu, dalam penerapan manajemen risiko secara terintegrasi              Furthermore, implementation of integrated risk management
dalam Grup Keuangan Victoria harus bebas dari benturan                 shall be free from conflict of interest among members of Victoria
kepentingan antara anggota Grup Keuangan Victoria dengan               Group financial conglomeration and the Main Entity.
Entitas Koordinator.


Untuk memastikan efektivitas dan kecukupan sistem manajemen            To ensure the effectiveness and adequacy of the integrated
risiko terintegrasi, Satuan Kerja Manajemen Risiko Terintegrasi        risk management system, the Integrated Risk Management
secara berkesinambungan terus melakukan pengelolaan risiko             Unit continuously manages the risk by conducting periodic
dan peninjauan ulang secara berkala.                                   reassessment.




                                                      2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      339
Page 342
                                                                              Tabel Utama (Key metrics) - Bank secara individual




340
                                                                              Main Table (Key Metrics) - Bank Individually                                                                                                (dalam jutaan rupiah / in million Rupiah)



                                                                                                                                                                               Periode
                                                                                                                                                                               Period

                                                                                                                                                31 Desember                                                 31 Desember
                                                                               No                          Deskripsi                                          30 September                                                   Description
                                                                                                                                                    2023                                                        2022
                                                                                                                                                                  2023       30 Juni 2023   31 Maret 2023
                                                                                                                                                31 December                                                 31 December
                                                                                                                                                              30 September   30 June 2023   31 March 2023
                                                                                                                                                    2023                                                        2022
                                                                                                                                                                  2023
                                                                                                                                                  (Audited)                                                   (Audited)
                                                                                     Modal yang Tersedia (nilai)                                                                                                                            Available Capital

                                                                                1.   Modal Inti Utama (CET1)                                      3.287.239     3.243.320      3.254.998       3.248.197      3.201.440

                                                                                2.   Modal Inti (Tier 1)                                          3.287.239     3.243.320      3.254.998       3.248.197      3.201.440
                                                                                                                                                                                                                                                                      Capital Structure and Risk Management




                                                                                3.   Total Modal
                                                                                                                                                                                                                                                                      Struktur Permodalan dan Manajemen Risiko




                                                                                                                                                  3.820.092     3.793.696      3.841.623       3.881.434      3.876.115

                                                                                     Aset Tertimbang Menurut Risiko (Nilai)

                                                                                4    Total Aset Tertimbang Menurut Risiko (ATMR)                 19.150.900    18.275.488     18.419.711      16.259.931     17.640.015

                                                                                     Rasio Modal berbasis Risiko dalam bentuk persentase dari ATMR

                                                                                5    Rasio CET1 (%)                                                 17,16%        17,75%         17,67%          17,90%         18,15%

                                                                                6    Rasio Tier 1 (%)                                               17,16%        17,75%         17,67%          17,90%         18,15%

                                                                                7    Rasio Total Modal (%)                                          19,95%        20,76%         20,86%          21,39%         21,97%

                                                                                     Tambahan CET1 yang berfungsi sebagai buffer dalam bentuk persentase dari ATMR *




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                8    Capital conservation buffer (2.5% dari ATMR) (%)                0,00%         0,00%          0,00%           0,00%          0,00%

                                                                                9    Countercyclical Buffer (0 - 2.5% dari ATMR) (%)                 0,00%         0,00%          0,00%           0,00%          0,00%
                                                                                     Capital Surcharge untuk Bank Sistemik (1% - 2.5%)
                                                                               10                                                                    0,00%         0,00%          0,00%           0,00%          0,00%
                                                                                     (%)

                                                                               11    Total CET1 sebagai buffer (Baris 8 + Baris 9 + Baris 10)        0,00%         0,00%          0,00%           0,00%          0,00%

                                                                               12    Komponen CET1 untuk buffer                                     12,66%         0,00%          0,00%           0,00%          0,00%

                                                                                     Rasio pengungkit sesuai Basel III *

                                                                               13    Total Eksposur                                              31.777.040    29.589.067     28.735.844      27.624.629     27.470.064
                                                                                     Nilai Rasio Pengungkit, termasuk dampak dari
                                                                                     penyesuaian terhadap pengecualian sementara
                                                                               14                                                                   10,84%        11,59%         12,04%          12,51%         12,31%
                                                                                     atas penempatan giro pada Bank Indonesia dalam
                                                                                     rangka memenuhi ketentuan GWM (jika ada)
                                                                                     Nilai Rasio Pengungkit, tidak termasuk dampak dari
                                                                                     penyesuaian terhadap pengecualian sementara
                                                                               14b                                                                  10,34%        11,00%         11,33%          11,76%         12,02%
                                                                                     atas penempatan giro pada Bank Indonesia dalam
                                                                                     rangka memenuhi ketentuan GWM (jika ada)
Page 343
                                                                                                                                                                                               Periode
                                                                                                                                                                                               Period

                                                                                                                                                   31 Desember                                                               31 Desember
                                                                             No                            Deskripsi                                                    30 September                                                       Description
                                                                                                                                                       2023                                                                      2022
                                                                                                                                                                            2023            30 Juni 2023     31 Maret 2023
                                                                                                                                                   31 December                                                               31 December
                                                                                                                                                                        30 September        30 June 2023     31 March 2023
                                                                                                                                                       2023                                                                      2022
                                                                                                                                                                            2023
                                                                                                                                                     (Audited)                                                                 (Audited)
                                                                                     Nilai Rasio Pengungkit, termasuk dampak dari
                                                                                     penyesuaian terhadap pengecualian sementara atas
                                                                                     penempatan giro pada Bank Indonesia dalam rangka
                                                                             14c                                                                          10,85%            11,55%                12,04%          12,51%         12,04%
                                                                                     memenuhi ketentuan GWM (jika ada), yang telah
                                                                                     memasukkan nilai rata-rata dari nilai tercatat aset
                                                                                     Securities Financing Transaction (SFT) secara gross
                                                                                     Nilai Rasio Pengungkit, tidak termasuk dampak dari
                                                                                     penyesuaian terhadap pengecualian sementara
                                                                                     atas penempatan giro pada Bank Indonesia dalam
                                                                             14d                                                                          10,34%            10,96%                11,33%          11,76%         11,65%
                                                                                     rangka memenuhi ketentuan GWM (jika ada), yang
                                                                                     telah memasukkan nilai rata-rata dari nilai tercatat
                                                                                     aset SFT secara gross

                                                                                     Rasio Kecukupan Likuiditas (LCR) **

                                                                              15     Total Aset Likuid Berkualitas Tinggi (HQLA)                              0,00             0,00                  0,00           0,00           0,00

                                                                              16     Total Arus Kas Keluar Bersih (net cash outflow)                          0,00             0,00                  0,00           0,00           0,00

                                                                              17     LCR (%)                                                               0,00%             0,00%                 0,00%           0,00%          0,00%

                                                                                     Rasio Pendanaan Stabil Bersih (NSFR) ***

                                                                              18     Total Pendanaan Stabil yang Tersedia (ASF)                               0,00             0,00                  0,00           0,00           0,00

                                                                              19     Total Pendanaan Stabil yang Diperlukan (RSF)                             0,00             0,00                  0,00           0,00           0,00

                                                                              20     NSFR (%)                                                              0,00%             0,00%                 0,00%           0,00%          0,00%



                                                                                                                                                                                       Analisis Kualitatif
                                                                                                                                                                                      Qualitative Analysis
                                                                             1. Capital Adequency Ratio (CAR) pada 31 Desember 2023 adalah sebesar 19.95%, turun 0.81% dari posisi 30
                                                                                September 2023. Penurunan ini disebabkan adanya penurunan laba tahun berjalan yang terjadi bulan
                                                                                desember tahun 2023. Rasio Total Modal berada di atas ketentuan regulator yaitu paling rendah sebesar 8%.
                                                                             2. Leverage Ratio pada 31 Desember 2023 adalah sebesar 10.34% atau berada diatas ketentuan Otoritas Jasa
                                                                                Keuangan (OJK) yaitu paling rendah sebesar 3% sebagaimana yang diwajibkan di POJK No. 31/POJK.03./2019.
                                                                             3. Bank belum melakukan perhitungan LCR dan NSFR sesuai POJK No. 4/POJK.03/2015 dan POJK No. 50/




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                POJK.03/2017.”
                                                                             * Pengungkapan kuantitatif sesuai Peraturan Otoritas Jasa Keuangan No. 31/POJK.03/2019
                                                                             ** Pengungkapan kuantitatif sesuai Peraturan Otoritas Jasa Keuangan No. 42/POJK.03/2015
                                                                             *** Pengungkapan kuantitatif sesuai Peraturan Otoritas Jasa Keuangan No. 50/POJK.03/2017




341
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                                                                              Tabel Perbedaan antara Cakupan Konsolidasi dan Mapping pada Laporan Keuangan sesuai Standar Akuntansi Keuangan dengan Kategori




342
                                                                              Risiko sesuai dengan Ketentuan Otoritas Jasa Keuangan Kategori Risiko (LI1) Tabel Utama (Key metrics) - Bank secara individual
                                                                              Table of Difference between Consolidated and Mapping Coverage on the Financial Statements in Accordance with the Financial
                                                                              Accounting Standards with Risk Categories in Accordance with the Financial Services Authority Provisions for Risk Category (LI1)                                     (dalam jutaan rupiah / in million Rupiah)



                                                                                                                                                                                    Nilai tercatat masing-masing risiko
                                                                                                                     Nilai tercatat
                                                                                                                                       Nilai tercatat
                                                                                                                     sebagaimana                                                                                            Tidak mengacu pada
                                                                                                                                        berdasarkan
                                                                                                                   tercantum dalam                                         Sesuai                                         persyaratan permodalan
                                                                                                                                          prinsip           Sesuai                          Sesuai          Sesuai
                                                                                                                   publikasi laporan                                      kerangka                                           atau berdasarkan
                                                                                          Deskripsi                                    kehati-hatian      kerangka                         kerangka       kerangka                                             Description
                                                                                                                       keuangan                                         counterparty                                        pengurangan modal
                                                                                                                                                        risiko kredit                     sekuritisasi   risiko pasar
                                                                                                                                                                         credit risk
                                                                                                                                                                                                                                                                                               Capital Structure and Risk Management
                                                                                                                                                                                                                                                                                               Struktur Permodalan dan Manajemen Risiko




                                                                              ASET

                                                                              Kas                                          92.821            92.821          92.821             -                  -              -                       -

                                                                              Penempatan pada Bank Indonesia            1.853.024          1.853.024      1.853.024             -                  -              -                       -

                                                                              Penempatan Pada Bank lain                  852.719            852.719         852.719             -                  -              -                       -

                                                                              Tagihan spot dan derivatif/forward             203                203                -            -                  -              -                    203

                                                                              Surat Berharga yang Dimiliki              6.285.564          6.285.564      5.264.525             -             8.508       1.012.530                      1
                                                                              Surat berharga yang dijual dengan
                                                                              janji dibeli kembali (repo)                       -                  -               -            -                  -              -                       -




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              Tagihan atas Surat Berharga yang
                                                                              dibeli dengan janji dijual kembali         636.733            636.733                -            -                  -              -                636.733
                                                                              (Reverse Repo)

                                                                              Tagihan Akseptasi                            12.475            12.475          12.475             -                  -              -                       -

                                                                              Kredit yang diberikan                    18.628.743        18.628.743      18.628.743             -                  -              -                       -

                                                                              Pembiayaan Syariah                                -                  -               -            -                  -              -                       -

                                                                              Penyertaan modal                           215.931            215.931         215.931             -                  -              -                       -

                                                                              Aset keuangan lainnya                      368.408            368.408         365.356             -                  -              -                  3.052
                                                                              Cadangan Kerugian Penurunan
                                                                              Nilai Aset Keuangan -/-

                                                                              a. Surat berharga yang dimiliki             (8.272)            (8.272)               -            -                  -              -                 (8.272)
                                                                              b. Kredit yang diberikan dan
                                                                              pembiayaan syariah                        (574.872)          (574.872)      (462.066)             -                  -              -               (112.806)
Page 345
                                                                                                                                                                                     Nilai tercatat masing-masing risiko
                                                                                                                      Nilai tercatat
                                                                                                                                        Nilai tercatat
                                                                                                                      sebagaimana                                                                                            Tidak mengacu pada
                                                                                                                                         berdasarkan
                                                                                                                    tercantum dalam                                         Sesuai                                         persyaratan permodalan
                                                                                                                                           prinsip           Sesuai                          Sesuai          Sesuai
                                                                                                                    publikasi laporan                                      kerangka                                           atau berdasarkan
                                                                                          Deskripsi                                     kehati-hatian      kerangka                         kerangka       kerangka                                 Description
                                                                                                                        keuangan                                         counterparty                                        pengurangan modal
                                                                                                                                                         risiko kredit                     sekuritisasi   risiko pasar
                                                                                                                                                                          credit risk




                                                                             c. Lainnya                                    (1.001)            (1.001)               -            -                  -              -                 (1.001)

                                                                             Aset Tidak Berwujud                            23.819            23.819                -            -                  -              -                 23.819
                                                                             Akumulasi Amortisasi Aset Tidak
                                                                             Berwujud -/-                                 (15.627)           (15.627)               -            -                  -              -                (15.627)

                                                                             Aset Tetap dan Inventaris                    505.087            505.087         423.227             -                  -              -                 81.860
                                                                             Akumulasi Penyusutan          Aktiva
                                                                             Tetap dan Inventaris -/-                     (81.859)           (81.859)               -            -                  -              -                (81.859)

                                                                             Aset Non Produktif

                                                                             a. Properti terbengkalai                       33.795            33.795                -            -                  -              -                 33.795

                                                                             b. Agunan yang diambil alih                  550.616            550.616         550.616             -                  -              -                       -

                                                                             c. Rekening tunda                               3.495              3.495               -            -                  -              -                  3.495

                                                                             d. Aset antarkantor                                 -                  -               -            -                  -              -                       -

                                                                             Aset Lainnya                                 242.439            242.439         116.725             -                  -              -                125.714

                                                                             Total aset                                 29.624.241        29.624.241      27.914.096             -             8.508       1.012.530                689.107




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
343
Page 346
344
                                                                                                                                                                                     Nilai tercatat masing-masing risiko
                                                                                                                      Nilai tercatat
                                                                                                                                        Nilai tercatat
                                                                                                                      sebagaimana                                                                                            Tidak mengacu pada
                                                                                                                                         berdasarkan
                                                                                                                    tercantum dalam                                         Sesuai                                         persyaratan permodalan
                                                                                                                                           prinsip           Sesuai                          Sesuai          Sesuai
                                                                                                                    publikasi laporan                                      kerangka                                           atau berdasarkan
                                                                                            Deskripsi                                   kehati-hatian      kerangka                         kerangka       kerangka                                 Description
                                                                                                                        keuangan                                         counterparty                                        pengurangan modal
                                                                                                                                                         risiko kredit                     sekuritisasi   risiko pasar
                                                                                                                                                                          credit risk




                                                                              LIABILITAS DAN EKUITAS

                                                                              LIABILITAS
                                                                                                                                                                                                                                                                  Capital Structure and Risk Management




                                                                              Giro                                       2.484.506          2.484.506               -            -                  -              -               1.327.022
                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                              Tabungan                                   2.881.781          2.881.781               -            -                  -              -               3.158.543

                                                                              Deposito                                  17.062.893        17.062.893                -            -                  -              -              14.821.300

                                                                              Uang Elektronik                                    -                  -               -            -                  -              -                       -

                                                                              Liabilitas kepada Bank Indonesia                   -                  -               -            -                  -              -                       -

                                                                              Liabilitas kepada bank lain                1.104.803          1.104.803               -            -                  -              -               1.045.673
                                                                              Liabilitas spot dan derivatif/
                                                                              forward                                          74                 74                -            -                  -              -                     21

                                                                              Liabilitas atas surat berharga yang




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              dijual dengan janji dibeli kembali          643.267            643.267                -            -                  -              -                       -
                                                                              (repo)

                                                                              Liabilitas akseptasi                          11.960            11.960                -            -                  -              -                       -

                                                                              Surat berharga yang diterbitkan            1.347.640          1.347.640               -            -                  -              -                498.308

                                                                              Pinjaman/Pembiayaan yang diterima                  -                  -               -            -                  -              -                900.212

                                                                              Setoran jaminan                                 761                761                -            -                  -              -                       -

                                                                              Liabilitas antar kantor                            -                  -               -            -                  -              -                       -

                                                                              Liabilitas lainnya                          261.770            261.770                -            -                  -              -                181.640
                                                                              Kepentingan minoritas (minority
                                                                              interest)                                          -                  -               -            -                  -              -                     17

                                                                              Total liabilitas                          25.799.455        25.799.455                -            -                  -              -              25.799.455

                                                                              EKUITAS
Page 347
                                                                                                                                                                                     Nilai tercatat masing-masing risiko
                                                                                                                      Nilai tercatat
                                                                                                                                        Nilai tercatat
                                                                                                                      sebagaimana                                                                                            Tidak mengacu pada
                                                                                                                                         berdasarkan
                                                                                                                    tercantum dalam                                         Sesuai                                         persyaratan permodalan
                                                                                                                                           prinsip           Sesuai                          Sesuai          Sesuai
                                                                                                                    publikasi laporan                                      kerangka                                           atau berdasarkan
                                                                                          Deskripsi                                     kehati-hatian      kerangka                         kerangka       kerangka                                 Description
                                                                                                                        keuangan                                         counterparty                                        pengurangan modal
                                                                                                                                                         risiko kredit                     sekuritisasi   risiko pasar
                                                                                                                                                                          credit risk




                                                                             Modal disetor

                                                                             a. Modal dasar                              4.100.000          4.100.000               -            -                  -              -               4.100.000

                                                                             b. Modal yang belum disetor -/-           (2.515.176)        (2.515.176)               -            -                  -              -              (2.515.176)
                                                                             c. Saham yang dibeli kembali
                                                                             (treasury stock) -/-                                -                  -               -            -                  -              -                        -

                                                                             Tambahan modal disetor

                                                                             a. Agio                                      668.685            668.685                -            -                  -              -                 668.685

                                                                             b. Disagio -/-                                      -                  -               -            -                  -              -                        -

                                                                             c. Dana setoran modal                               -                  -               -            -                  -              -                        -

                                                                             d. Lainnya                                          -                  -               -            -                  -              -                        -

                                                                             Penghasilan komprehensif lain

                                                                             a. Keuntungan                                385.091            385.091                -            -                  -              -                 385.091

                                                                             b. Kerugian -/-                                     -                  -               -            -                  -              -                        -

                                                                             Cadangan

                                                                             a. Cadangan umum                             202.200            202.200                -            -                  -              -                 202.200

                                                                             b. Cadangan tujuan                                  -                  -               -            -                  -              -                        -

                                                                             Laba/rugi

                                                                             a. Tahun-tahun lalu                          882.170            882.170                -            -                  -              -                 882.170

                                                                             b. Tahun berjalan                            101.816            101.816                -            -                  -              -                 101.816
                                                                             c. Dividen yang dibayarkan -/- Total
                                                                             Ekuitas Yang Dapat Diatrebusikan                    -                  -               -            -                  -              -                        -
                                                                             Kepada Pemilik




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                             Total Ekuitas                               3.824.786          3.824.786               -            -                  -              -               3.824.786

                                                                             Total liabilitas dan Ekuitas               29.624.241        29.624.241                -            -                  -              -              29.624.241




345
Page 348
                                                                              Tabel Perbedaan Utama antara Nilai Tercatat sesuai Standar Akuntansi Keuangan dengan Nilai Eksposur sesuai dengan




346
                                                                              Ketentuan OJK (LI2)
                                                                              Table of Key Differences between Carrying Value in Accordance with the Financial Accounting Standards and Exposure Value in
                                                                              Accordance with the Financial Services Authority Regulations (LI2)                                                                                                                 (dalam jutaan rupiah / in million Rupiah)



                                                                                                                                                                                                                                                         Kerangka
                                                                                                                                                                                                          Kerangka risiko          Kerangka                                        Kerangka risiko
                                                                                                                                                                                                                                                       Counterparty
                                                                                                                                                                                                              kredit              sekuritisasi                                         pasar
                                                                                                                              Deskripsi                                                    Total                                                        credit risk



                                                                              Nilai tercatat aset sesuai dengan cakupan konsolidasi ketentuan kehati-hatian (sebagaimana dilaporkan
                                                                              pada tabel LI1)                                                                                             29.624.241         27.914.096                8.508                          0                  1.012.530

                                                                              Nilai tercatat liabilitas sesuai lingkup sesuai dengan cakupan konsolidasi ketentuan kehati-hatian
                                                                              (sebagaimana dilaporkan pada tabel LI1)                                                                     25.799.455                    -                   -                         -                             -
                                                                                                                                                                                                                                                                                                             Capital Structure and Risk Management




                                                                              Total nilai bersih sesuai dengan cakupan konsolidasi ketentuan kehati-hatian                                 3.824.786         27.914.096                8.508                          0                  1.012.530
                                                                                                                                                                                                                                                                                                             Struktur Permodalan dan Manajemen Risiko




                                                                              Nilai rekening administratif                                                                                 6.333.608           6.333.608                    -                         -                             -

                                                                              Perbedaan valuasi                                                                                                    -                    -                   -                         -                             -

                                                                              Perbedaan antara netting rules, selain dari yang termasuk pada baris 2.                                              -                    -                   -                         -                             -

                                                                              Perbedaan provisi                                                                                                    -                    -                   -                         -                             -

                                                                              Perbedaan prudential filters                                                                                         -                    -                   -                         -                             -
                                                                              Nilai                   eksposur                       yang                              dipertimbangkan,
                                                                              sesuai dengan cakupan konsolidasi ketentuan kehati-hatian                                                            -                    -                   -                         -                             -




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              Tabel Penjelasan mengenai perbedaan antara nilai eksposur sesuai Standar Akuntansi Keuangan dengan Ketentuan OJK (LIA)


                                                                              Tidak terdapat perbedaan antara nilai tercatat sesuai standar akuntansi keuangan, sebagaimana dilaporkan pada laporan keuangan dan nilai eksposur sesuai ketentuan kehati-hatian
Page 349
                                                                             Tabel Komposisi Permodalan (CC1) - Bank secara individual
                                                                             Table of Capital Composition (CC1) – Bank Individually                                                                                                                                           (dalam jutaan rupiah / in million Rupiah)



                                                                                                                                                                                                                                                                                          31 Desember 2023
                                                                              No                                                                                               Deskripsi
                                                                                                                                                                                                                                                                                          31 December 2023
                                                                                    Modal Inti Utama (Common Equity Tier I)/CET 1: Instrumen dan Tambahan Modal Disetor

                                                                               1    Saham biasa (termasuk stock surplus)                                                                                                                                                                           2.253.508

                                                                               2    Laba ditahan                                                                                                                                                                                                     983.986

                                                                               3    Akumulasi penghasilan komprehensif lain (dan cadangan lain)                                                                                                                                                      601.488

                                                                               4    Modal yang termasuk phase out dari CET1                                                                                                                                                                               N/A

                                                                               5    Kepentingan Non Pengendali yang dapat diperhitungkan                                                                                                                                                                      -

                                                                               6    CET1 sebelum regulatory adjustment                                                                                                                                                                             3.287.238

                                                                                    CET 1: Faktor Pengurang (Regulatory Adjustment)

                                                                               7    Selisih kurang jumlah penyesuaian nilai wajar dari instrumen keuangan dalam trading book                                                                                                                                  -

                                                                               8    Goodwill                                                                                                                                                                                                                  -

                                                                               9    Aset tidak berwujud lainnya (selain Mortgage-Servicing Rights)                                                                                                                                                     (8.193)

                                                                               10   Aset pajak tangguhan yang berasal dari future profitability                                                                                                                                                           N/A

                                                                               11   Cash-flow hedge reserve                                                                                                                                                                                               N/A

                                                                               12   Shortfall on provisions to expected losses                                                                                                                                                                            N/A

                                                                               13   Keuntungan penjualan aset dalam transaksi sekuritisasi                                                                                                                                                                    -

                                                                               14   Peningkatan/ penurunan nilai wajar atas kewajiban keuangan (DVA)                                                                                                                                                          -

                                                                               15   Aset pensiun manfaat pasti                                                                                                                                                                                            N/A

                                                                               16   Investasi pada saham sendiri (jika belum di net dalam modal di Laporan Posisi Keuangan)                                                                                                                               N/A

                                                                               17   Kepemilikan silang pada instrumen CET 1 pada entitas lain                                                                                                                                                                 -
                                                                                    Investasi pada modal bank, entitas keuangan dan asuransi diluar cakupan konsolidasi secara ketentuan, net posisi short yang diperkenankan, dimana Bank tidak memiliki lebih dari 10% modal
                                                                               18                                                                                                                                                                                                                         N/A
                                                                                    saham yang diterbitkan (jumlah di atas batasan 10%)

                                                                               19   Investasi signifikan pada saham biasa Bank, entitas keuangan dan asuransi diluar cakupan konsolidasi secara ketentuan, net posisi short yang diperkenankan (jumlah di atas batasan 10%)                               N/A

                                                                               20   Mortgage servicing rights                                                                                                                                                                                                 -

                                                                               21   Aset pajak tangguhan yang berasal dari perbedaan temporer (jumlah di atas batasan 10%, net dari kewajiban pajak)                                                                                                      N/A




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                               22   Jumlah melebihi batasan 15% dari:                                                                                                                                                                                     N/A

                                                                               23   Investasi signifikan pada saham biasa financials                                                                                                                                                                      N/A




347
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348
                                                                                                                                                                                                                                                                                  31 Desember 2023
                                                                              No                                                                                              Deskripsi
                                                                                                                                                                                                                                                                                  31 December 2023
                                                                              24     Mortgage servicing rights                                                                                                                                                                              N/A

                                                                              25     Pajak tangguhan dari perbedaan temporer                                                                                                                                                                N/A

                                                                              26     Penyesuaian berdasarkan ketentuan spesifik nasional

                                                                              26a.   Selisih PPKA dan CKPN                                                                                                                                                                                     -

                                                                              26b.   PPKA non produktif                                                                                                                                                                                (346.883)

                                                                              26c.   Aset Pajak Tangguhan                                                                                                                                                                              (163.004)

                                                                              26d.   Penyertaan                                                                                                                                                                                                -

                                                                              26e.   Kekurangan modal pada perusahaan anak asuransi                                                                                                                                                         N/A
                                                                                                                                                                                                                                                                                                     Capital Structure and Risk Management




                                                                              26f.   Eksposur sekuritisasi                                                                                                                                                                                     -
                                                                                                                                                                                                                                                                                                     Struktur Permodalan dan Manajemen Risiko




                                                                              26g.   Lainnya                                                                                                                                                                                                   -

                                                                              27     Penyesuaian pada CET 1 akibat AT 1 dan Tier 2 lebih kecil daripada faktor pengurangnya                                                                                                                    -

                                                                              28     Jumlah pengurang (regulatory adjustment) terhadap CET 1                                                                                                                                           (518.080)

                                                                              29     Jumlah CET 1 setelah faktor pengurang                                                                                                                                                             2.769.158

                                                                                     Modal Inti Tambahan (AT 1): Instrumen

                                                                              30     Instrumen AT 1 yang diterbitkan oleh Bank (termasuk stock surplus)                                                                                                                                        -

                                                                              31     Yang diklasifikasikan sebagai ekuitas berdasarkan standar akuntansi                                                                                                                                       -




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              32     Yang diklasifikasikan sebagai liabilitas berdasarkan standar akuntansi                                                                                                                                    -

                                                                              33     Modal yang termasuk phase out dari AT 1                                                                                                                                                                N/A

                                                                              34     Instrumen AT 1 yang diterbitkan oleh Entitas Anak yang diakui dalam perhitungan KPMM secara konsolidasi                                                                                                   -

                                                                              35     Instrumen yang diterbitkan Entitas Anak yang termasuk phase out                                                                                                                                        N/A

                                                                              36     Jumlah AT 1 sebelum regulatory adjustment                                                                                                                                                                 -

                                                                                     Modal Inti Tambahan: Faktor Pengurang (Regulatory Adjustment)

                                                                              37     Investasi pada instrumen AT 1 sendiri                                                                                                                                                                  N/A

                                                                              38     Kepemilikan silang pada instrumen AT 1 pada entitas lain                                                                                                                                                  -
                                                                                     Investasi pada modal bank, entitas keuangan dan asuransi diluar cakupan konsolidasi secara ketentuan, net posisi short yang diperkenankan, dimana Bank tidak memiliki lebih dari 10% modal
                                                                              39                                                                                                                                                                                                            N/A
                                                                                     saham yang diterbitkan (jumlah di atas batasan 10%)

                                                                              40     Investasi signifikan pada modal Bank, entitas keuangan dan asuransi di luar cakupan konsolidasi secara ketentuan (net posisi short yang diperkenankan)                                                 N/A

                                                                              41     Penyesuaian berdasarkan ketentuan spesifik nasional
Page 351
                                                                                                                                                                                                                                                                                  31 Desember 2023
                                                                             No                                                                                              Deskripsi
                                                                                                                                                                                                                                                                                  31 December 2023
                                                                             41a.   Penempatan dana pada instrumen AT 1 pada Bank lain                                                                                                                                                          -

                                                                             42     Penyesuaian pada AT 1 akibat Tier 2 lebih kecil daripada faktor pengurangnya                                                                                                                                -

                                                                             43     Jumlah faktor pengurang (regulatory adjustment) terhadap AT 1                                                                                                                                               -

                                                                             44     Jumlah AT 1 setelah faktor pengurang                                                                                                                                                                        -

                                                                             45     Jumlah Modal Inti (Tier 1) (CET 1 + AT 1)                                                                                                                                                          2.769.158

                                                                                    Modal Pelengkap (Tier 2): Instrumen dan cadangan

                                                                             46     Instrumen Tier 2 yang diterbitkan oleh Bank (termasuk stock surplus)                                                                                                                                337.500

                                                                             47     Modal yang yang termasuk phase out dari Tier 2                                                                                                                                                          N/A

                                                                             48     Instrumen Tier 2 yang diterbitkan oleh Entitas Anak yang diakui dalam perhitungan KPMM secara konsolidasi                                                                                                   -

                                                                             49     Modal yang diterbitkan Entitas Anak yang termasuk phase out                                                                                                                                             N/A

                                                                             50     Cadangan umum PPKA atas aset produktif yang wajib dihitung dengan jumlah paling tinggi sebesar 1,25% dari ATMR untuk Risiko Kredit                                                                  195.353

                                                                             51     Jumlah Modal Pelengkap (Tier 2) sebelum faktor pengurang                                                                                                                                            532.853

                                                                                    Modal Pelengkap (Tier 2): Faktor Pengurang (Regulatory Adjustment)

                                                                             52     Investasi pada instrumen Tier 2 sendiri                                                                                                                                                                 N/A

                                                                             53     Kepemilikan silang pada instrumen Tier 2 pada entitas lain                                                                                                                                              N/A
                                                                                    Investasi pada kewajiban TLAC modal bank, entitas keuangan dan asuransi diluar cakupan konsolidasi secara ketentuan, net posisi short yang diperkenankan, di mana Bank tidak memiliki lebih
                                                                             54                                                                                                                                                                                                             N/A
                                                                                    dari 10% modal saham yang diterbitkan; nilai sebelumnya ditetapkan dengan threshold 5% namun tidak lagi memenuhi kriteria (untuk bank Sistemik)

                                                                             55     Investasi signifikan pada modal atau instrumen TLAC Bank, entitas keuangan dan asuransi di luar cakupan konsolidasi secara ketentuan (net posisi short yang diperkenankan)                              N/A

                                                                             56     Penyesuaian berdasarkan ketentuan spesifik nasional

                                                                             56a.   Sinking fund                                                                                                                                                                                                -

                                                                             56b.   Penempatan dana pada instrumen Tier 2 pada Bank lain                                                                                                                                                        -

                                                                             57     Jumlah faktor pengurang (regulatory adjustment) Modal Pelengkap                                                                                                                                             -

                                                                             58     Jumlah Modal Pelengkap (Tier 2) setelah regulatory adjustment                                                                                                                                       532.853

                                                                             59     Total Modal (Modal Inti + Modal Pelengkap)                                                                                                                                                         3.302.011

                                                                             60     Total Aset Tertimbang Menurut Risiko (ATMR)                                                                                                                                                       19.150.900

                                                                                    Rasio Kecukupan Pemenuhan Modal Minimum (KPMM) dan Tambahan Modal (Capital Buffer)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                             61     Rasio CET 1 (persentase terhadap ATMR)                                                                                                                                                             17,16%

                                                                             62     Rasio Modal Inti Tier 1 (persentase terhadap ATMR)                                                                                                                                                 17,16%




349
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350
                                                                                                                                                                                                                                                                  31 Desember 2023
                                                                              No                                                                                            Deskripsi
                                                                                                                                                                                                                                                                  31 December 2023
                                                                              63   Rasio Total Modal (persentase terhadap ATMR)                                                                                                                                        19,95%

                                                                              64   Buffer (persentase terhadap ATMR)                                                                                                                                                      N/A

                                                                              65   Capital Conservation Buffer                                                                                                                                                            N/A

                                                                              66   Countercyclical Buffer                                                                                                                                                                 N/A

                                                                              67   higher loss absorbency requirement                                                                                                                                                     N/A
                                                                                   Untuk bank umum konvensional: CET 1 yang tersedia untuk memenuhi Buffer (persentase terhadap ATMR)
                                                                              68   Untuk kantor cabang dari Bank yang berkedudukan di luar negeri: Bagian Dana Usaha yang ditempatkan dalam CEMA (diungkapkan sebagai persentase dari ATMR) yang tersedia untuk             -
                                                                                   memenuhi Buffer.

                                                                                   National minima (jika berbeda dari Basel 3)
                                                                                                                                                                                                                                                                                     Capital Structure and Risk Management




                                                                              69   Rasio terendah CET 1 nasional (jika berbeda dengan Basel 3)                                                                                                                            N/A
                                                                                                                                                                                                                                                                                     Struktur Permodalan dan Manajemen Risiko




                                                                              70   Rasio terendah Tier 1 nasional (jika berbeda dengan Basel 3)                                                                                                                           N/A

                                                                              71   Rasio terendah total modal nasional (jika berbeda dengan Basel 3)                                                                                                                      N/A

                                                                                   Jumlah di bawah batasan pengurangan (sebelum pembobotan risiko)

                                                                              72   Investasi non-signifikan pada modal atau kewajiban TLAC lainnya pada entitas keuangan lain                                                                                             N/A

                                                                              73   Investasi signifikan pada saham biasa entitas keuangan                                                                                                                                 N/A

                                                                              74   Mortgage servicing rights (net dari kewajiban pajak)                                                                                                                                   N/A

                                                                              75   Aset pajak tangguhan yang berasal dari perbedaan temporer (net dari kewajiban pajak)                                                                                                   N/A




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                   Cap yang dikenakan untuk provisi pada Tier 2

                                                                              76   Provisi yang dapat diakui sebagai Tier 2 sesuai dengan eksposur berdasarkan pendekatan standar (sebelum dikenakan cap)                                                                 N/A

                                                                              77   Cap atas provisi yang diakui sebagai Tier 2 berdasarkan pendekatan standar                                                                                                             N/A

                                                                              78   Provisi yang dapat diakui sebagai Tier 2 sesuai dengan eksposur berdasarkan pendekatan IRB (sebelum dikenakan cap)                                                                     N/A

                                                                              79   Cap atas provisi yang diakui sebagai Tier 2 berdasarkan pendekatan IRB                                                                                                                 N/A

                                                                                   Instrumen Modal yang termasuk phase out (hanya berlaku antara 1 Jan 2018 s.d. 1 Jan 2022)

                                                                              80   Cap pada CET 1 yang temasuk phase out                                                                                                                                                  N/A

                                                                              81   Jumlah yang dikecualikan dari CET 1 karena adanya cap (kelebihan di atas cap setelah redemptions dan maturities)                                                                       N/A

                                                                              82   Cap pada AT 1 yang temasuk phase out                                                                                                                                                   N/A

                                                                              83   Jumlah yang dikecualikan dari AT 1 karena adanya cap (kelebihan di atas cap setelah redemptions dan maturities)                                                                        N/A

                                                                              84   Cap pada Tier 2 yang temasuk phase out                                                                                                                                                 N/A

                                                                              85   Jumlah yang dikecualikan dari Tier 2 karena adanya cap (kelebihan di atas cap setelah redemptions dan maturities)                                                                      N/A
Page 353
                                                                                                                                          Analisis Kualitatif
                                                                                                                                         Qualitative Analysis
                                                                             Capital Adequency Ratio (CAR) pada 31 Desember 2023 adalah sebesar 19.95% atau berada di atas ketentuan regulator yaitu paling rendah sebesar 8%.




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
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352
                                                                              Tabel Laporan Kewajiban Pemenuhan Rasio Pengungkit - Bank secara individual


                                                                                                                                                                                                                                                                      (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                                                                                                31 Desember 2023
                                                                               No                                                                                           Keterangan
                                                                                                                                                                                                                                                                                31 December 2023
                                                                                1   Total aset di neraca pada laporan keuangan publikasi (nilai gross sebelum dikurangi CKPN).                                                                                                       28,600,244
                                                                                2   Penyesuaian untuk nilai penyertaan pada bank, lembaga keuangan, perusahaan asuransi, dan/atau entitas lain yang berdasarkan standar akuntansi keuangan harus dikonsolidasikan namun                           -
                                                                                    diluar cakupan konsolidasi berdasarkan ketentuan Otoritas Jasa Keuangan.
                                                                                3   "Penyesuaian untuk nilai kumpulan aset keuangan atau aset syariah yang mendasari (underlying) yang telah dialihkan dalam sekuritisasi aset yang memenuhi persyaratan jual putus                               -
                                                                                    sebagaimana diatur dalam peraturan perundang-undangan OJK mengenai Prinsip Kehati-hatian dalam Aktivitas Sekuritisasi Aset bagi Bank Umum."
                                                                                4   Penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib minimum (jika ada).                                                       N/A
                                                                                                                                                                                                                                                                                                                  Capital Structure and Risk Management




                                                                                5   Penyesuaian untuk aset fidusia yang diakui sebagai komponen neraca berdasarkan standar akuntansi keuangan namun dikeluarkan dari perhitungan total eksposur dalam Rasio Leverage.                         N/A
                                                                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                                6   Penyesuaian untuk nilai pembelian atau penjualan aset keuangan secara regular dengan menggunakan metode akuntansi tanggal perdagangan.                                                                        -
                                                                                7   Penyesuaian untuk nilai transaksi dalam fasilitas cash pooling yang memenuhi persyaratan sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan ini.                                                       -
                                                                                8   Penyesuaian untuk nilai eksposur transaksi derivatif.                                                                                                                                                     792
                                                                                9   Penyesuaian untuk nilai eksposur Securitities Financing Transaction (SFT) sebagai contoh transaksi reverse repo.                                                                                     636,733
                                                                               10   Penyesuaian untuk nilai eksposur Transaksi Rekening Administratif (TRA) yang telah dikalikan dengan Faktor Konversi Kredit (FKK).                                                                 2,539,271
                                                                               11   Prudent valuation adjustments berupa faktor pengurang modal dan Cadangan Kerugian Penurunan Nilai (CKPN)                                                                                                      -
                                                                               12   Penyesuaian lainnya (jika ada)                                                                                                                                                                                -




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                               13   Total Eksposur dalam Perhitungan Rasio Leverage                                                                                                                                                  31,777,041
Page 355
                                                                             Tabel Laporan Perhitungan Rasio Pengungkit - Bank secara individual


                                                                                                                                                                                                                                                                         (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                                                                                                    31 Desember 2023
                                                                              No                                                                                             Keterangan
                                                                                                                                                                                                                                                                                    31 December 2023
                                                                               1    Eksposur Aset dalam Laporan Posisi Keuangan (Neraca) termasuk aset jaminan yang tercatat dalam neraca, namun tidak termasuk eksposur transaksi derivatif dan eksposur SFT. (Nilai gross              29,554,906
                                                                                    sebelum dikurangi CKPN)
                                                                               2    Nilai penambahan kembali untuk agunan derivatif yang diserahkan kepada pihak lawan dan penyediaan agunan tersebut mengakibatkan penurunan total eksposur aset dalam neraca karena
                                                                                    adanya penerapan standar akuntansi.
                                                                               3    (Pengurangan atas piutang terkait cash variation margin yang diberikan dalam transaksi derivatif).                                                                                                                -
                                                                               4    (Penyesuaian untuk surat berharga yang diterima dalam eksposur SFT yang telah dicatat sebagai aset dalam neraca Bank).                                                                                            -
                                                                               5    (Cadangan Kerugian Penurunan Nilai (CKPN) atas aset tersebut sesuai standar akuntansi yang berlaku).                                                                                                   (567,601)
                                                                               6    (Aset yang telah diperhitungkan sebagai faktor pengurang Modal Inti (tier 1) sebagaimana dimaksud dalam Peraturan Otoritas Jasa Keuangan yang mengatur mengenai kewajiban penyediaan                   (387,061)
                                                                                    modal minimum bank umum).
                                                                               7    Total Eksposur Aset dalam Laporan Posisi Keuangan (Neraca) (Penjumlahan dari baris 1 sampai dengan baris 6)                                                                                          28,600,244
                                                                             Eksposur Transaksi Derivatif

                                                                               8    Nilai Replacement Cost (RC) untuk seluruh transaksi derivatif baik dalam hal terdapat variation margin yang memenuhi syarat ataupun terdapat perjanjian saling hapus yang memenuhi
                                                                                    persyaratan tertentu.
                                                                               9    Nilai penambahan yang merupakan Potential Futures Exposures (PFE) untuk seluruh transaksi derivatif.

                                                                              10    (pengecualian atas eksposur transaksi derivatif yang diselesaikan melalui central clearing counterparty (CCP))

                                                                              11    Penyesuaian untuk nilai nosional efektif dari derivatif kredit

                                                                              12    (Penyesuaian untuk nilai nosional efektif yang dilakukan saling hapus dan pengurangan add-on untuk transaksi penjualan kredit derivatif)

                                                                              13    "Total Eksposur Transaksi Derivatif
                                                                                    (Penjumlahan baris 8 sampai dengan baris 12)"
                                                                             Eksposur Securities Financing Transaction (SFT)

                                                                              14    Nilai Gross SFT                                                                                                                                                                                          636,733
                                                                              15    (Nilai bersih antara liabilitas kas dan tagihan kas)

                                                                              16    Risiko Kredit akibat kegagalan pihak lawan terkait aset SFT yang mengacu perhitungan Current Exposure sebagaimana diatur dalam Lampiran I Peraturan Otoritas Jasa Keuangan ini.                                   -
                                                                              17    Eksposur sebagai agen SFT

                                                                              18    "Total Eksposur SFT                                                                                                                                                                                      636,733
                                                                                    (Penjumlahan baris 14 sampai dengan baris 17)"




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
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354
                                                                                                                                                                                                                                                                                             31 Desember 2023
                                                                              No                                                                                                Keterangan
                                                                                                                                                                                                                                                                                             31 December 2023
                                                                              Eksposur Transaksi Rekening Administratif (TRA)

                                                                               19    "Nilai seluruh kewajiban komitmen atau kewajiban kontijensi.                                                                                                                                               6,347,775
                                                                                     *Nilai gross sebelum dikurangi CKPN"
                                                                               20    (Penyesuaian terhadap hasil perkalian antara nilai kewajiban komitmen atau kewajiban kontijensi dan Faktor Konversi Kredit (FKK))                                                                         (3,808,504)
                                                                               21    (Cadangan Kerugian Penurunan Nilai (CKPN) atas TRA tersebut sesuai standar akuntansi yang berlaku).                                                                                                                 -
                                                                               22    "Total Eksposur Transaksi Rekening Administratif (TRA)                                                                                                                                                     2,539,271
                                                                                     (Penjumlahan dari baris 19 sampai dengan baris 21)"
                                                                              Modal dan Total Ekposur

                                                                               23    Modal Inti (Tier 1)                                                                                                                                                                                        3,287,239
                                                                               24    Total Eksposur (Penjumlahan baris 7, 13, 18, dan 22)                                                                                                                                                      31,777,040
                                                                                                                                                                                                                                                                                                                Capital Structure and Risk Management




                                                                              Rasio Leverage
                                                                                                                                                                                                                                                                                                                Struktur Permodalan dan Manajemen Risiko




                                                                               25    Nilai Rasio Leverage (Kolom 23 ÷ Kolom 24)                                                                                                                                                                   10.34%
                                                                               26    Nilai Minimum Rasio Leverage                                                                                                                                                                                     3%
                                                                               27    Buffer terhadap nilai Rasio Leverage                                                                                                                                                                             N/A
                                                                              Pengungkapan Nilai Rata - Rata

                                                                               28    Nilai rata-rata dari nilai tercatat aset SFT secara gross, setelah penyesuaian untuk transaksi akuntansi penjualan (sale accounting transaction) yang dihitung secara bersih (nett) dengan liabilitas         (6,534)
                                                                                     kas dalam SFT dan tagihan kas dalam SFT
                                                                               29    Nilai akhir triwulan laporan dari nilai tercatat aset SFT secara gross, setelah penyesuaian untuk transaksi akuntansi penjualan (sale accounting transaction) yang dihitung secara bersih (nett)              (6,534)
                                                                                     dengan liabilitas kas dalam SFT dan tagihan kas dalam SFT




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                               30    Total Eksposur, termasuk dampak dari penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib minimum                              30,309,448
                                                                                     (jika ada), yang telah memasukkan nilai rata-rata dari nilai tercatat aset SFT secara gross sebagaimana dimaksud dalam baris 28
                                                                              30a    Total Eksposur, tidak termasuk dampak dari penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib                                31,777,040
                                                                                     minimum (jika ada), yang telah memasukkan nilai rata-rata dari nilai tercatat aset SFT secara gross sebagaimana dimaksud dalam baris 28
                                                                               31    Nilai Rasio Pengungkit, termasuk dampak dari penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib                                 10.85%
                                                                                     minimum (jika ada), yang telah memasukkan nilai rata-rata dari nilai tercatat aset SFT secara gross sebagaimana dimaksud dalam baris 28
                                                                              31a    Nilai Rasio Pengungkit, tidak termasuk dampak dari penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib                           10.34%
                                                                                     minimum (jika ada), yang telah memasukkan nilai rata-rata dari nilai tercatat aset SFT secara gross sebagaimana dimaksud dalam baris 28
Page 357
                                                                                                                                                                                                                                                                 31 Desember 2023
                                                                             No                                                                                         Keterangan
                                                                                                                                                                                                                                                                 31 December 2023
                                                                             Analisis Kualitatif

                                                                             Rasio pengungkit pada 31 Desember 2023 adalah sebesar 10.34% atau berada diatas ketentuan Otoritas Jasa Keuangan (OJK) yaitu paling rendah sebesar 3% sebagaimana yang diwajibkan
                                                                             di POJK No. 31/POJK.03./2019.




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
355
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                                                                              Tabel Laporan Kewajiban Pemenuhan Rasio Pengungkit - Bank secara individual




356
                                                                                                                                                                                                                                                                      (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                                                                                                  31 Desember 2023
                                                                               No                                                                                            Keterangan
                                                                                                                                                                                                                                                                                  31 December 2023
                                                                                1   Total aset di neraca pada laporan keuangan publikasi (nilai gross sebelum dikurangi CKPN).                                                                                                         28,600,244
                                                                                2   Penyesuaian untuk nilai penyertaan pada bank, lembaga keuangan, perusahaan asuransi, dan/atau entitas lain yang berdasarkan standar akuntansi keuangan harus dikonsolidasikan namun                             -
                                                                                    diluar cakupan konsolidasi berdasarkan ketentuan Otoritas Jasa Keuangan.
                                                                                3   "Penyesuaian untuk nilai kumpulan aset keuangan atau aset syariah yang mendasari (underlying) yang telah dialihkan dalam sekuritisasi aset yang memenuhi persyaratan jual putus                                 -
                                                                                    sebagaimana diatur dalam peraturan perundang-undangan OJK mengenai Prinsip Kehati-hatian dalam Aktivitas Sekuritisasi Aset bagi Bank Umum."
                                                                                4   Penyesuaian terhadap pengecualian sementara atas penempatan giro pada Bank Indonesia dalam rangka memenuhi ketentuan giro wajib minimum (jika ada).                                                         N/A
                                                                                                                                                                                                                                                                                                                  Capital Structure and Risk Management




                                                                                5   Penyesuaian untuk aset fidusia yang diakui sebagai komponen neraca berdasarkan standar akuntansi keuangan namun dikeluarkan dari perhitungan total eksposur dalam Rasio Leverage.                           N/A
                                                                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                                6   Penyesuaian untuk nilai pembelian atau penjualan aset keuangan secara regular dengan menggunakan metode akuntansi tanggal perdagangan.                                                                          -
                                                                                7   Penyesuaian untuk nilai transaksi dalam fasilitas cash pooling yang memenuhi persyaratan sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan ini.                                                         -
                                                                                8   Penyesuaian untuk nilai eksposur transaksi derivatif.                                                                                                                                                       792
                                                                                9   Penyesuaian untuk nilai eksposur Securitities Financing Transaction (SFT) sebagai contoh transaksi reverse repo.                                                                                      636,733
                                                                               10   Penyesuaian untuk nilai eksposur Transaksi Rekening Administratif (TRA) yang telah dikalikan dengan Faktor Konversi Kredit (FKK).                                                                   2,539,271
                                                                               11   Prudent valuation adjustments berupa faktor pengurang modal dan Cadangan Kerugian Penurunan Nilai (CKPN)                                                                                                        -
                                                                               12   Penyesuaian lainnya (jika ada)                                                                                                                                                                                  -




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                               13   Total Eksposur dalam Perhitungan Rasio Leverage                                                                                                                                                    31,777,041
Page 359
                                                                             Pengungkapan Kualitas Kredit atas Aset (CR1)
                                                                             Disclosure of Credit Quality over Asset (CR1)                                                                                                                                                                             (dalam jutaan rupiah / in million Rupiah)



                                                                             1) Bank secara Individu / Bank Individually



                                                                                                                                 Nilai Tercatat Bruto
                                                                                                                                                                                                                             CKPN
                                                                                                                                Gross Carrying Amount
                                                                                                                                                                                                                                                                 CKPN
                                                                                                                                                                                                                                                                                          Nilai Bersih
                                                                                                                                                     Tagihan yang                                                                                             (Pendekatan
                                                                                                                         Tagihan yang                                                                     Stage 2 dan                                                                       (a+b-c)
                                                                               No               Deskripsi                                            Belum Jatuh                    CKPN                                                                          IRB)                                                 Description
                                                                                                                          Telah Jatuh                                                                       Stage 3                                                                        Net Value
                                                                                                                                                        Tempo                                                                           Stage 1                CKPN (IRB
                                                                                                                                                                                                          Stage 2 and                                                                       (a+b-c)
                                                                                                                            Tempo                                                                                                                              Approach)
                                                                                                                                                       Not Due
                                                                                                                        Due Receivables                                                                     Stage 3
                                                                                                                                                      Receivables

                                                                                                                                   a                         b                         c                          d                         e                          f                         g

                                                                                1.     Kredit                                    714,087               18,211,172                    574,872                    462,066                   112,806                                          18,350,386                                  Credit

                                                                                2.     Surat Berharga                                     -              6,285,564                      8,272                            -                   8,272                                           6,277,292               Marketable Securities

                                                                                       Transaksi Rekening                                                                                                                                                                                                          Administrative Account
                                                                                3.                                                        -              1,043,367                            -                          -                         -                                         1,043,367
                                                                                       Administratif                                                                                                                                                                                                                          Transaction

                                                                                4.     Total                                     714,087               25,540,102                    583,144                    462,066                   121,078                                          25,671,045                                   Total


                                                                             2) Pengungkapan Tambahan / Additional Disclosure

                                                                             1. Tagihan yang Telah Jatuh Tempo merupakan tagihan debitur dengan kolektibilitas 3, 4, dan 5 atau dengan tunggakan lebih dari 90 hari.
                                                                             2. Bank tidak memiliki eksposur kualitas kredit atas aset secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat
                                                                                Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                             1. Due Receivables are debtor receivables with collectibility 3, 4, and 5 or with arrears of more than 90 days.
                                                                             2. The Bank does not have credit quality exposure on assets on a consolidated basis due to based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by
                                                                                PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of
                                                                                PT Bank Victoria International Tbk




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
357
Page 360
                                                                              Pengungkapan Mutasi Kredit dan Surat Berharga yang Telah Jatuh Tempo (CR2)




358
                                                                              Disclosure of Changes in Due Loans and Securities (CR2)

                                                                              1) Bank secara Individu / Bank Individually
                                                                                                                                                                                                                                                                                                         (dalam jutaan rupiah / in million Rupiah)


                                                                                No                                                     Deskripsi                                                                   a                                                              Description
                                                                                 1.     Kredit dan Surat Berharga yang Telah Jatuh Tempo pada periode pelaporan terakhir                                       668,627                                                                Due Loans and Securities on last reporting period

                                                                                 2.     Kredit dan Surat Berharga yang Telah Jatuh Tempo sejak periode pelaporan terakhir                                      387,036                                                             Due Loans and Securities since last reporting period

                                                                                 3.     Kredit dan Surat Berharga yang kembali menjadi tagihan yang belum jatuh tempo                                            58,526                                                        Not Due Loans and Securities that return to receivables

                                                                                 4.     Nilai hapus buku                                                                                                       193,922                                                                                                        Write-off value

                                                                                 5.     Perubahan lain                                                                                                         (89,128)                                                                                                        Other changes
                                                                                                                                                                                                                                                                                                                                                     Capital Structure and Risk Management




                                                                                 6.     Kredit dan Surat Berharga yang Telah Jatuh Tempo pada akhir periode pelaporan (1+2-3-4+5)                              714,087                                                 Due Loans and Securities on last reporting period (1+2-3-4+5)
                                                                                                                                                                                                                                                                                                                                                     Struktur Permodalan dan Manajemen Risiko




                                                                              2) Pengungkapan Tambahan / Additional Disclosure

                                                                              1. Bank tidak memiliki eksposur mutasi kredit dan surat berharga yang telah jatuh tempo secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh
                                                                                 PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak
                                                                                 PT Bank Victoria International Tbk
                                                                              1. The Bank does not have exposure to changes in due loans and securities on a consolidated basis due to based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s
                                                                                 Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a
                                                                                 subsidiary of PT Bank Victoria International Tbk




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 361
                                                                             Tabel Pengungkapan Tagihan Bersih Berdasarkan Wilayah - Bank secara Individual
                                                                             Table of Disclosure of Net Receivables by Area – Bank Individually
                                                                                                                                                                                                                                        (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                         31 Desember 2023
                                                                                                                                                                         31 December 2023

                                                                                                                                                                 Tagihan Bersih Berdasarkan Wilayah
                                                                                                                                                                      Net Receivables by Region
                                                                              No.             Kategori Portofolio                                                                                                                       Portfolio Category
                                                                                                                                 Zona Indonesia       Zona Indonesia      Zona Indonesia      Diluar Indonesia
                                                                                                                                Barat (Wilayah 1)   Tengah (Wilayah 2)   Timur (Wilayah 3)       (Wilayah 4)
                                                                                                                                                                                                                  Total
                                                                                                                                 Indonesia Zone      Indonesia Zone       Indonesia Zone     Indonesia Outside
                                                                                                                                  West (Zone 1)      Center (Zone 2)       East (Zone 3)          (Zone 4)
                                                                              (1)                       (2)                            (3)                 (4)                  (5)                   (6)          (7)                             (2)

                                                                               1.   Tagihan Kepada Pemerintah                       6,111,398                      -                  -                      -   6,111,398                  Receivables from Government

                                                                                                                                                                                                                                          "Receivables from Public Sector
                                                                               2.   Tagihan Kepada Entitas Sektor Publik              958,467                      -                  -                      -    958,467                                       Entities"

                                                                                                                                                                                                                                           "Receivables from Multilateral
                                                                                    Tagihan Kepada Bank Pembangunan
                                                                               3.                                                      53,157                     -                   -                      -     53,157                        Development Banks and
                                                                                    Multilateral dan Lembaga Internasional
                                                                                                                                                                                                                                               International Institutions"

                                                                               4.   Tagihan Kepada Bank                             2,182,723                     -             106,469                     66   2,289,258                         Receivables from Banks

                                                                               5.   Tagihan berupa Covered Bond                              -                    -                   -                      -            -      Receivables in the form of Covered Bond

                                                                                    Tagihan kepada Perusahaan Efek dan                                                                                                        Receivables from Securities Companies and
                                                                               6.                                                   3,564,372                     -                   -                      -   3,564,372
                                                                                    Lembaga Jasa Keuangan Lainnya                                                                                                                    Other Financial Services Institutions

                                                                                    Tagihan berupa Surat Berharga/Piutang                                                                                                       Receivables in the form of Subordinated
                                                                               7.   Subordinasi, Ekuitas, dan Instrumen Modal         215,931                     -                   -                      -    215,931       Securities/Receivables, Equity and Other
                                                                                    Lainnya                                                                                                                                                          Capital Instruments

                                                                                                                                                                                                                                     "Residential Property Collateralized
                                                                               8.   Kredit Beragunan Rumah Tinggal                    146,380                4,488                    -                      -    150,868                                         Loans"

                                                                                                                                                                                                                                    "Commercial Property Collateralized
                                                                               9.   Kredit Beragunan Properti Komersial             3,119,832               30,157                    -                      -   3,149,989                                      Loans"

                                                                                    Kredit untuk Pengadaan Tanah, Pengolahan                                                                                                  Loan by Land Acquisition, Land Processing,
                                                                              10.                                                            -                    -                   -                      -            -
                                                                                    Tanah, dan Konstruksi                                                                                                                                              and Construction




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                              11.   Kredit Pegawai/Pensiunan                                 -                    -                   -                      -            -                  Employee/Retirement Loans




359
Page 362
360
                                                                                                                                                                       31 Desember 2023
                                                                                                                                                                       31 December 2023

                                                                                                                                                               Tagihan Bersih Berdasarkan Wilayah
                                                                                                                                                                    Net Receivables by Region
                                                                              No.             Kategori Portofolio                                                                                                                  Portfolio Category
                                                                                                                               Zona Indonesia       Zona Indonesia      Zona Indonesia        Diluar Indonesia
                                                                                                                              Barat (Wilayah 1)   Tengah (Wilayah 2)   Timur (Wilayah 3)         (Wilayah 4)
                                                                                                                                                                                                                     Total
                                                                                                                               Indonesia Zone      Indonesia Zone       Indonesia Zone       Indonesia Outside
                                                                                                                                West (Zone 1)      Center (Zone 2)       East (Zone 3)            (Zone 4)
                                                                              (1)                       (2)                          (3)                 (4)                  (5)                   (6)                (7)                   (2)

                                                                                    Tagihan Kepada Usaha Mikro, Usaha Kecil                                                                                                       "Receivables from Microbusiness,
                                                                              12.                                                 2,450,260             257,540                 9,601                          -    2,717,400
                                                                                    dan Portofolio Ritel                                                                                                                        Small Business, and Retail Portfolio"

                                                                              13.   Tagihan kepada Korporasi                      9,270,754             772,052                61,554                          -   10,104,360        Receivables from Corporations
                                                                                                                                                                                                                                                                              Capital Structure and Risk Management




                                                                              14.   Tagihan yang Telah Jatuh Tempo
                                                                                                                                                                                                                                                                              Struktur Permodalan dan Manajemen Risiko




                                                                                                                                    546,949               38,771                         -                     -     585,719                          Due Receivables

                                                                              15.   Aset Lainnya                                  1,183,389                        -                     -                     -    1,183,389                             Other Assets

                                                                                    Total                                        29,803,611            1,103,007              177,624                      66      31,084,309                                     Total


                                                                                                                                                                                                                                  (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                       31 Desember 2022
                                                                                                                                                                       31 Desember 2022




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                                                                               Tagihan Bersih Berdasarkan Wilayah
                                                                                                                                                                    Net Receivables by Region
                                                                              No.             Kategori Portofolio                                                                                                                  Portfolio Category
                                                                                                                               Zona Indonesia       Zona Indonesia      Zona Indonesia        Diluar Indonesia
                                                                                                                              Barat (Wilayah 1)   Tengah (Wilayah 2)   Timur (Wilayah 3)         (Wilayah 4)
                                                                                                                                                                                                                     Total
                                                                                                                               Indonesia Zone        Zone Center        Indonesia Zone       Indonesia Outside
                                                                                                                                West (Zone 1)          (Zone 2)          East (Zone 3)            (Zone 4)
                                                                              (1)                      (2) (2)                       (8)                 (9)                  (10)                  (11)            ((12) 12)                (2)

                                                                              1.    Tagihan Kepada Pemerintah                     6,862,645                    -                     -                     -       6,862,645          Receivables from Government

                                                                                    Tagihan Kepada Entitas Sektor Publik                                                                                                            "Receivables from Public Sector
                                                                              2.                                                  1,569,136                    -                     -                     -       1,569,136
                                                                                                                                                                                                                                                          Entities"

                                                                                    Tagihan Kepada Bank Pembangunan                                                                                                                   "Receivables from Multilateral
                                                                              3.    Multilateral dan Lembaga Internasional          18,091                     -                     -                     -          18,091                Development Banks and
                                                                                                                                                                                                                                          International Institutions"

                                                                              4.    Tagihan Kepada Bank                            671,038                1,001                      -            109,663            781,701                 Receivables from Banks
Page 363
                                                                                                                                                                                                    31 Desember 2022
                                                                                                                                                                                                    31 Desember 2022

                                                                                                                                                                                         Tagihan Bersih Berdasarkan Wilayah
                                                                                                                                                                                              Net Receivables by Region
                                                                              No.                  Kategori Portofolio                                                                                                                                                                               Portfolio Category
                                                                                                                                              Zona Indonesia              Zona Indonesia              Zona Indonesia             Diluar Indonesia
                                                                                                                                             Barat (Wilayah 1)          Tengah (Wilayah 2)           Timur (Wilayah 3)              (Wilayah 4)
                                                                                                                                                                                                                                                                     Total
                                                                                                                                              Indonesia Zone               Zone Center                Indonesia Zone            Indonesia Outside
                                                                                                                                               West (Zone 1)                 (Zone 2)                  East (Zone 3)                 (Zone 4)
                                                                               (1)                           (2) (2)                                   (8)                         (9)                         (10)                       (11)                      ((12) 12)                                   (2)

                                                                                5.     Tagihan berupa Covered Bond                                                                                                                                                                          Receivables in the form of Covered Bond

                                                                                       Tagihan kepada Perusahaan Efek dan                                                                                                                                                                Receivables from Securities Companies and
                                                                                6.     Lembaga Jasa Keuangan Lainnya                                                                                                                                                                            Other Financial Services Institutions

                                                                                       Tagihan berupa Surat Berharga/Piutang                                                                                                                                                                Receivables in the form of Subordinated
                                                                                7.     Subordinasi, Ekuitas, dan Instrumen Modal                                                                                                                                                            Securities/Receivables, Equity and Other
                                                                                       Lainnya                                                                                                                                                                                                                   Capital Instruments

                                                                                       Kredit Beragunan Rumah Tinggal                                                                                                                                                                             "Residential Property Collateralized
                                                                                8.                                                                     90,155                            -                            -                          -                    90,155                                                   Loans"


                                                                                       Kredit Beragunan Properti Komersial                                                                                                                                                                       "Commercial Property Collateralized
                                                                                9.                                                                 1,128,181                       16,058                             -                          -                 1,144,239
                                                                                                                                                                                                                                                                                                                             Loans"

                                                                                       Kredit untuk Pengadaan Tanah, Pengolahan                                                                                                                                                           Loan by Land Acquisition, Land Processing,
                                                                               10.     Tanah, dan Konstruksi                                                                                                                                                                                                       and Construction

                                                                               11.     Kredit Pegawai/Pensiunan                                              -                           -                            -                          -                           -                            Employee/Retirement Loans

                                                                                       Tagihan Kepada Usaha Mikro, Usaha Kecil                                                                                                                                                                     "Receivables from Microbusiness,
                                                                               12.     dan Portofolio Ritel                                            47,834                         301                             -                          -                    48,135
                                                                                                                                                                                                                                                                                                 Small Business, and Retail Portfolio"

                                                                               13.     Tagihan kepada Korporasi                                                                1,349,339                              -                          -               13,433,391                             Receivables from Corporations

                                                                               14.     Tagihan yang Telah Jatuh Tempo                                441,607                       99,576                             -                          -                   541,183                                            Due Receivables

                                                                               15.     Aset Lainnya                                                1,803,360                             -                            -                          -                 1,803,360                                                Other Assets

                                                                                       Total                                                                                  1,466,274                               -                 109,663                  26,292,037                                                            Total

                                                                             *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                             *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.




361
Page 364
                                                                              Tabel Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Individual




362
                                                                              Table of Disclosure of Net Receivables by Economic Sector – Bank Individually
                                                                                                                                                                                                                                                                                                        (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                       Tagihan
                                                                                                                                                                                      Tagihan
                                                                                                                                                                                                    berupa Surat
                                                                                                                                                                                       kepada
                                                                                                                                           Tagihan                                                   Berharga/                                                                         Tagihan
                                                                                                                                                                                    Perusahaan                                                        Kredit untuk
                                                                                                                                        Kepada Bank                                                    Piutang                                                                      Kepada Usaha
                                                                                                                                                                                      Efek dan                                                         Pengadaan
                                                                                                                                        Pembangunan                                                 Subordinasi,                                                                     Mikro, Usaha
                                                                                                                           Tagihan                                      Tagihan      Lembaga                            Kredit           Kredit          Tanah,
                                                                                                                                         Multilateral                                               Ekuitas, dan                                                                      Kecil dan
                                                                                                            Tagihan        Kepada                                       berupa          Jasa                         Beragunan        Beragunan       Pengelolaan        Kredit                         Tagihan
                                                                                                                                        dan Lembaga                                                  Instrumen                                                                        Portofolio                    Tagihan yang
                                                                                                            Kepada         Entitas                         Tagihan      Covered      Keuangan                          Rumah            Properti       Tanah, dan      Pegawai/                         kepada
                                                                                                                                        Internasional                                                   Modal                                                                            Ritel                       Telah Jatuh
                                                                                     Sektor Ekonomi       Pemerintah    Sektor Publik                   Kepada Bank       Bond        Lainnya                          Tinggal         Komersial       Konstruksi       Pensiun                        Korporasi                   Aset Lainnya
                                                                               No.                                                       Receivables                                                   Lainnya                                                                       Receivables                       Tempo
                                                                                     Economi Sector       Receivables    Receivables                    Receivables   Receivables   Receivables                      Residential      Commercial      Loan by Land    Employee/                       Receivables                  Other Assets
                                                                                                                                             from                                                   Receivables                                                                         from                             Due
                                                                                                             from        from Public                     from Banks   in the form       from                          Property         Property        Acquisition,   Retirement                         from
                                                                                                                                         Multilateral                                              in the form of                                                                   Microbusiness,                   Receivables
                                                                                                          Government        Sector                                    of Covered     Securities                     Collateralized   Collateralized       Land           Loans                       Corporations
                                                                                                                                        Development                                                Subordinated                                                                         Small
                                                                                                                           Entities                                       Bond      Companies                           Loans            Loans         Processing,
                                                                                                                                          Banks and                                                  Securities/                                                                      Business,
                                                                                                                                                                                     and Other                                                             and
                                                                                                                                        International                                               Receivables,                                                                      and Retail
                                                                                                                                                                                     Financial                                                        Construction
                                                                                                                                         Institutions                                                Equity and                                                                       Portfolio
                                                                                                                                                                                                                                                                                                                                                    Capital Structure and Risk Management




                                                                                                                                                                                      Services
                                                                                                                                                                                                   Other Capital
                                                                                                                                                                                    Institutions
                                                                                                                                                                                                    Instruments
                                                                                                                                                                                                                                                                                                                                                    Struktur Permodalan dan Manajemen Risiko




                                                                               (1)          (2)               (3)            (4)             (5)            (6)           (7)           (8)             (9)              (10)             (11)            (12)           (13)            (14)            (15)           (16)           (17)

                                                                              31 DESEMBER 2023 / 31 DESEMBER 2023

                                                                               1.    Pertanian,
                                                                                     Kehutanan, dan
                                                                                     Perikanan
                                                                                     Agriculture,                   -              -               -              -             -             -               -                 -                -               -              -        128,136        489,871          4,875                -
                                                                                     Forestry, and
                                                                                     Fisheries

                                                                               2.    Pertambangan
                                                                                     dan Penggalian
                                                                                     Mining and                     -              -               -        10,251              -             -               -                 -                -               -              -         74,627        678,707                5              -
                                                                                     Extractive




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                     Industries

                                                                               3.    Industri
                                                                                     pengolahan
                                                                                     Processing                9,920               -               -              -             -             -               -                 -                -               -              -        363,757       1,965,225         9,685                -
                                                                                     Industry

                                                                               4.    Pengadaan Listrik,
                                                                                     Gas, Uap/Air
                                                                                     Panas dan Udara
                                                                                     Dingin
                                                                                     Procurement                    -              -               -       260,418              -             -               -                 -                -               -              -         64,399         23,972                -              -
                                                                                     of Electricity,
                                                                                     Gas, Steam/
                                                                                     Hot Water, and
                                                                                     Cold Air

                                                                               5.    Pengelolaan Air,
                                                                                     Pengelolaan
                                                                                     Air Limbah,
                                                                                                                    -              -               -       251,821              -             -               -                 -                -               -              -         30,049                -              -              -
                                                                                     Pengelolaan
                                                                                     dan Daur Ulang
                                                                                     Sampah
Page 365
                                                                                                                                                                                                    Tagihan
                                                                                                                                                                                   Tagihan
                                                                                                                                                                                                 berupa Surat
                                                                                                                                                                                    kepada
                                                                                                                                        Tagihan                                                   Berharga/                                                                         Tagihan
                                                                                                                                                                                 Perusahaan                                                        Kredit untuk
                                                                                                                                     Kepada Bank                                                    Piutang                                                                      Kepada Usaha
                                                                                                                                                                                   Efek dan                                                         Pengadaan
                                                                                                                                     Pembangunan                                                 Subordinasi,                                                                     Mikro, Usaha
                                                                                                                        Tagihan                                      Tagihan      Lembaga                            Kredit           Kredit          Tanah,
                                                                                                                                      Multilateral                                               Ekuitas, dan                                                                      Kecil dan
                                                                                                         Tagihan        Kepada                                       berupa          Jasa                         Beragunan        Beragunan       Pengelolaan        Kredit                         Tagihan
                                                                                                                                     dan Lembaga                                                  Instrumen                                                                        Portofolio                    Tagihan yang
                                                                                                         Kepada         Entitas                         Tagihan      Covered      Keuangan                          Rumah            Properti       Tanah, dan      Pegawai/                         kepada
                                                                                                                                     Internasional                                                   Modal                                                                            Ritel                       Telah Jatuh
                                                                                   Sektor Ekonomi      Pemerintah    Sektor Publik                   Kepada Bank       Bond        Lainnya                          Tinggal         Komersial       Konstruksi       Pensiun                        Korporasi                   Aset Lainnya
                                                                             No.                                                      Receivables                                                   Lainnya                                                                       Receivables                       Tempo
                                                                                   Economi Sector      Receivables    Receivables                    Receivables   Receivables   Receivables                      Residential      Commercial      Loan by Land    Employee/                       Receivables                  Other Assets
                                                                                                                                          from                                                   Receivables                                                                         from                             Due
                                                                                                          from        from Public                     from Banks   in the form       from                          Property         Property        Acquisition,   Retirement                         from
                                                                                                                                      Multilateral                                              in the form of                                                                   Microbusiness,                   Receivables
                                                                                                       Government        Sector                                    of Covered     Securities                     Collateralized   Collateralized       Land           Loans                       Corporations
                                                                                                                                     Development                                                Subordinated                                                                         Small
                                                                                                                        Entities                                       Bond      Companies                           Loans            Loans         Processing,
                                                                                                                                       Banks and                                                  Securities/                                                                      Business,
                                                                                                                                                                                  and Other                                                             and
                                                                                                                                     International                                               Receivables,                                                                      and Retail
                                                                                                                                                                                  Financial                                                        Construction
                                                                                                                                      Institutions                                                Equity and                                                                       Portfolio
                                                                                                                                                                                   Services
                                                                                                                                                                                                Other Capital
                                                                                                                                                                                 Institutions
                                                                                                                                                                                                 Instruments

                                                                             (1)          (2)              (3)            (4)             (5)            (6)           (7)           (8)             (9)              (10)             (11)            (12)           (13)            (14)            (15)           (16)           (17)

                                                                                   Water
                                                                                   Management,
                                                                                   Waste Water
                                                                                   Management,
                                                                                   Waste
                                                                                   Management
                                                                                   and Recycle

                                                                             6.    Konstruksi
                                                                                   Construction                  -              -               -       100,727              -             -               -                 -        772,460                 -              -               -       102,513         18,182                -

                                                                             7.    Perdagangan
                                                                                   besar dan eceran;
                                                                                   Reparasi dan
                                                                                   Perawatan Mobil
                                                                                   dan Sepeda Motor
                                                                                   Wholesale and                 -              -               -        47,255              -             -               -                 -                -               -              -      1,047,019       2,281,448        54,196                -
                                                                                   Retail Trade; Car
                                                                                   and Motorcycle
                                                                                   Repair and
                                                                                   Maintenance

                                                                             8.    Pengangkutan
                                                                                   dan Pergudangan
                                                                                   Transportation                -              -               -              -             -             -               -                 -                -               -              -        200,802        268,466        126,408                -
                                                                                   and Warehousing

                                                                             9.    Penyediaan
                                                                                   Akomodasi dan
                                                                                   Penyediaan
                                                                                   Makan Minum
                                                                                   Provision of                  -              -               -              -             -             -               -                 -         44,628                 -              -        112,013        702,802         36,836                -
                                                                                   Accomodation
                                                                                   and Foods &
                                                                                   Beverages

                                                                             10.   Informasi dan
                                                                                   Komunikasi
                                                                                   Information and         40,790               -               -              -             -             -               -                 -          2,000                 -              -         85,887        234,220                -              -




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                   Communication




363
Page 366
                                                                                                                                                                                                      Tagihan




364
                                                                                                                                                                                     Tagihan
                                                                                                                                                                                                   berupa Surat
                                                                                                                                                                                      kepada
                                                                                                                                          Tagihan                                                   Berharga/                                                                         Tagihan
                                                                                                                                                                                   Perusahaan                                                        Kredit untuk
                                                                                                                                       Kepada Bank                                                    Piutang                                                                      Kepada Usaha
                                                                                                                                                                                     Efek dan                                                         Pengadaan
                                                                                                                                       Pembangunan                                                 Subordinasi,                                                                     Mikro, Usaha
                                                                                                                          Tagihan                                      Tagihan      Lembaga                            Kredit           Kredit          Tanah,
                                                                                                                                        Multilateral                                               Ekuitas, dan                                                                      Kecil dan
                                                                                                           Tagihan        Kepada                                       berupa          Jasa                         Beragunan        Beragunan       Pengelolaan        Kredit                         Tagihan
                                                                                                                                       dan Lembaga                                                  Instrumen                                                                        Portofolio                    Tagihan yang
                                                                                                           Kepada         Entitas                         Tagihan      Covered      Keuangan                          Rumah            Properti       Tanah, dan      Pegawai/                         kepada
                                                                                                                                       Internasional                                                   Modal                                                                            Ritel                       Telah Jatuh
                                                                                    Sektor Ekonomi       Pemerintah    Sektor Publik                   Kepada Bank       Bond        Lainnya                          Tinggal         Komersial       Konstruksi       Pensiun                        Korporasi                   Aset Lainnya
                                                                              No.                                                       Receivables                                                   Lainnya                                                                       Receivables                       Tempo
                                                                                    Economi Sector       Receivables    Receivables                    Receivables   Receivables   Receivables                      Residential      Commercial      Loan by Land    Employee/                       Receivables                  Other Assets
                                                                                                                                            from                                                   Receivables                                                                         from                             Due
                                                                                                            from        from Public                     from Banks   in the form       from                          Property         Property        Acquisition,   Retirement                         from
                                                                                                                                        Multilateral                                              in the form of                                                                   Microbusiness,                   Receivables
                                                                                                         Government        Sector                                    of Covered     Securities                     Collateralized   Collateralized       Land           Loans                       Corporations
                                                                                                                                       Development                                                Subordinated                                                                         Small
                                                                                                                          Entities                                       Bond      Companies                           Loans            Loans         Processing,
                                                                                                                                         Banks and                                                  Securities/                                                                      Business,
                                                                                                                                                                                    and Other                                                             and
                                                                                                                                       International                                               Receivables,                                                                      and Retail
                                                                                                                                                                                    Financial                                                        Construction
                                                                                                                                        Institutions                                                Equity and                                                                       Portfolio
                                                                                                                                                                                     Services
                                                                                                                                                                                                  Other Capital
                                                                                                                                                                                   Institutions
                                                                                                                                                                                                   Instruments

                                                                              (1)          (2)               (3)            (4)             (5)            (6)           (7)           (8)             (9)              (10)             (11)            (12)           (13)            (14)            (15)           (16)           (17)

                                                                              11.   Aktivitas
                                                                                                                                                                                                                                                                                                                                                 Capital Structure and Risk Management




                                                                                    Keuangan dan
                                                                                    Asuransi
                                                                                                          6,060,689        931,856          53,157      1,415,151              -    3,564,372         215,931                  -                -               -              -        381,219       2,083,396               -              -
                                                                                                                                                                                                                                                                                                                                                 Struktur Permodalan dan Manajemen Risiko




                                                                                    Financial and
                                                                                    Insurance
                                                                                    Activities

                                                                              12.   Real Estate
                                                                                    Real Estate                    -        14,961                -        36,041              -             -               -                 -       2,322,497                -              -               -         1,499        319,028                -

                                                                              13.   Aktivitas Profesi,
                                                                                    Ilmiah, dan Teknis
                                                                                    Professional,
                                                                                    Scientific,                    -              -               -         4,651              -             -               -                 -          8,404                 -              -         39,683        424,866          5,573                -
                                                                                    and Technical
                                                                                    Activities

                                                                              14.   Aktivitas
                                                                                    Penyewaan dan




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                    Sewa Guna Usaha
                                                                                    Tanpa Hak Opsi,
                                                                                    Ketenagakerjaan,
                                                                                    Agen Perjalanan,
                                                                                    dan Penunjang
                                                                                    Usaha Lainnya
                                                                                    Leasing and                    -        11,650                -       162,942              -             -               -                 -                -               -              -        112,971        663,753            904                -
                                                                                    Leasing Activities
                                                                                    without
                                                                                    Option Rights,
                                                                                    Employment,
                                                                                    Travel Agencies,
                                                                                    and Other
                                                                                    Business
                                                                                    Supports

                                                                              15.   Administrasi
                                                                                    Pemerintahan,
                                                                                    Pertahanan, dan                -              -               -              -             -             -               -                 -                -               -              -               -               -              -              -
                                                                                    Jaminan Sosial
                                                                                    Wajib
Page 367
                                                                                                                                                                                                    Tagihan
                                                                                                                                                                                   Tagihan
                                                                                                                                                                                                 berupa Surat
                                                                                                                                                                                    kepada
                                                                                                                                        Tagihan                                                   Berharga/                                                                         Tagihan
                                                                                                                                                                                 Perusahaan                                                        Kredit untuk
                                                                                                                                     Kepada Bank                                                    Piutang                                                                      Kepada Usaha
                                                                                                                                                                                   Efek dan                                                         Pengadaan
                                                                                                                                     Pembangunan                                                 Subordinasi,                                                                     Mikro, Usaha
                                                                                                                        Tagihan                                      Tagihan      Lembaga                            Kredit           Kredit          Tanah,
                                                                                                                                      Multilateral                                               Ekuitas, dan                                                                      Kecil dan
                                                                                                         Tagihan        Kepada                                       berupa          Jasa                         Beragunan        Beragunan       Pengelolaan        Kredit                         Tagihan
                                                                                                                                     dan Lembaga                                                  Instrumen                                                                        Portofolio                    Tagihan yang
                                                                                                         Kepada         Entitas                         Tagihan      Covered      Keuangan                          Rumah            Properti       Tanah, dan      Pegawai/                         kepada
                                                                                                                                     Internasional                                                   Modal                                                                            Ritel                       Telah Jatuh
                                                                                   Sektor Ekonomi      Pemerintah    Sektor Publik                   Kepada Bank       Bond        Lainnya                          Tinggal         Komersial       Konstruksi       Pensiun                        Korporasi                   Aset Lainnya
                                                                             No.                                                      Receivables                                                   Lainnya                                                                       Receivables                       Tempo
                                                                                   Economi Sector      Receivables    Receivables                    Receivables   Receivables   Receivables                      Residential      Commercial      Loan by Land    Employee/                       Receivables                  Other Assets
                                                                                                                                          from                                                   Receivables                                                                         from                             Due
                                                                                                          from        from Public                     from Banks   in the form       from                          Property         Property        Acquisition,   Retirement                         from
                                                                                                                                      Multilateral                                              in the form of                                                                   Microbusiness,                   Receivables
                                                                                                       Government        Sector                                    of Covered     Securities                     Collateralized   Collateralized       Land           Loans                       Corporations
                                                                                                                                     Development                                                Subordinated                                                                         Small
                                                                                                                        Entities                                       Bond      Companies                           Loans            Loans         Processing,
                                                                                                                                       Banks and                                                  Securities/                                                                      Business,
                                                                                                                                                                                  and Other                                                             and
                                                                                                                                     International                                               Receivables,                                                                      and Retail
                                                                                                                                                                                  Financial                                                        Construction
                                                                                                                                      Institutions                                                Equity and                                                                       Portfolio
                                                                                                                                                                                   Services
                                                                                                                                                                                                Other Capital
                                                                                                                                                                                 Institutions
                                                                                                                                                                                                 Instruments

                                                                             (1)           (2)             (3)            (4)             (5)            (6)           (7)           (8)             (9)              (10)             (11)            (12)           (13)            (14)            (15)           (16)           (17)

                                                                                   “Government
                                                                                   administration,
                                                                                   land business and
                                                                                   mandatory
                                                                                   social service”

                                                                             16.   Pendidikan
                                                                                   Education                     -              -               -              -             -             -               -                 -                -               -              -         29,178         97,842          1,727                -

                                                                             17.   Aktivitas
                                                                                   Kesehatan
                                                                                   Manusia dan
                                                                                   Aktivitas Sosial              -              -               -              -             -             -               -                 -                -               -              -         11,862         20,653                -              -
                                                                                   Human Health
                                                                                   Activities and
                                                                                   Social Activities

                                                                             18.   Kesenian,
                                                                                   Hiburan, dan
                                                                                   Rekreasi
                                                                                   Arts,                         -              -               -              -             -             -               -                 -                -               -              -         35,799         36,052                -              -
                                                                                   Entertainment,
                                                                                   and Recreation

                                                                             19.   Aktivitas Jasa
                                                                                   Lainnya
                                                                                   Other Services                -              -               -              -             -             -               -                 -                -               -              -               -               -              -              -
                                                                                   Activities

                                                                             20.   Aktivitas Rumah
                                                                                   Tangga sebagai
                                                                                   Pemberi Kerja;
                                                                                   Aktivitas yang
                                                                                   Menghasilkan
                                                                                   Barang dan Jasa               -              -               -              -             -             -               -                 -                -               -              -               -               -              -              -
                                                                                   oleh Rumah
                                                                                   Tangga yang
                                                                                   Digunakan
                                                                                   untuk Memenuhi




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                   Kebutuhan Sendiri




365
Page 368
                                                                                                                                                                                                          Tagihan




366
                                                                                                                                                                                         Tagihan
                                                                                                                                                                                                       berupa Surat
                                                                                                                                                                                          kepada
                                                                                                                                           Tagihan                                                      Berharga/                                                                         Tagihan
                                                                                                                                                                                       Perusahaan                                                        Kredit untuk
                                                                                                                                        Kepada Bank                                                       Piutang                                                                      Kepada Usaha
                                                                                                                                                                                         Efek dan                                                         Pengadaan
                                                                                                                                        Pembangunan                                                    Subordinasi,                                                                     Mikro, Usaha
                                                                                                                           Tagihan                                       Tagihan        Lembaga                            Kredit           Kredit          Tanah,
                                                                                                                                         Multilateral                                                  Ekuitas, dan                                                                      Kecil dan
                                                                                                           Tagihan         Kepada                                        berupa            Jasa                         Beragunan        Beragunan       Pengelolaan        Kredit                         Tagihan
                                                                                                                                        dan Lembaga                                                     Instrumen                                                                        Portofolio                    Tagihan yang
                                                                                                           Kepada          Entitas                         Tagihan       Covered        Keuangan                          Rumah            Properti       Tanah, dan      Pegawai/                         kepada
                                                                                                                                        Internasional                                                      Modal                                                                            Ritel                       Telah Jatuh
                                                                                       Sektor Ekonomi    Pemerintah     Sektor Publik                   Kepada Bank        Bond          Lainnya                          Tinggal         Komersial       Konstruksi       Pensiun                        Korporasi                   Aset Lainnya
                                                                                No.                                                      Receivables                                                      Lainnya                                                                       Receivables                       Tempo
                                                                                       Economi Sector    Receivables     Receivables                    Receivables    Receivables     Receivables                      Residential      Commercial      Loan by Land    Employee/                       Receivables                  Other Assets
                                                                                                                                             from                                                      Receivables                                                                         from                             Due
                                                                                                            from         from Public                     from Banks    in the form         from                          Property         Property        Acquisition,   Retirement                         from
                                                                                                                                         Multilateral                                                 in the form of                                                                   Microbusiness,                   Receivables
                                                                                                         Government         Sector                                     of Covered       Securities                     Collateralized   Collateralized       Land           Loans                       Corporations
                                                                                                                                        Development                                                   Subordinated                                                                         Small
                                                                                                                           Entities                                        Bond        Companies                           Loans            Loans         Processing,
                                                                                                                                          Banks and                                                     Securities/                                                                      Business,
                                                                                                                                                                                        and Other                                                             and
                                                                                                                                        International                                                  Receivables,                                                                      and Retail
                                                                                                                                                                                        Financial                                                        Construction
                                                                                                                                         Institutions                                                   Equity and                                                                       Portfolio
                                                                                                                                                                                         Services
                                                                                                                                                                                                      Other Capital
                                                                                                                                                                                       Institutions
                                                                                                                                                                                                       Instruments

                                                                                (1)           (2)             (3)            (4)             (5)            (6)             (7)            (8)             (9)              (10)             (11)            (12)           (13)            (14)            (15)           (16)           (17)

                                                                                      Household
                                                                                                                                                                                                                                                                                                                                                     Capital Structure and Risk Management




                                                                                      Activities as
                                                                                      an Employer;
                                                                                                                                                                                                                                                                                                                                                     Struktur Permodalan dan Manajemen Risiko




                                                                                      Activities that
                                                                                      Produce Goods
                                                                                      and Services by
                                                                                      Households that
                                                                                      are Used to Meet
                                                                                      Their Own Needs


                                                                                21.   Aktivitas Badan
                                                                                      Internasional
                                                                                      dan Badan Ekstra
                                                                                      Internasional
                                                                                      Lainnya
                                                                                      International                 -              -               -              -               -              -               -                 -                -               -              -               -               -              -              -
                                                                                      Organizations
                                                                                      and Other Extra




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                      International
                                                                                      Organizations
                                                                                      Activities


                                                                                22.   Rumah Tangga
                                                                                      Household                     -                                             -               -              -               -                                  -               -                              -               -              -              -


                                                                                23.   Bukan Lapangan
                                                                                      Usaha                         -              -               -              -               -              -               -         150,868                  -               -              -               -        29,074          8,301                -
                                                                                      Non-Business


                                                                                24.   Lainnya
                                                                                      Others                        -              -               -              -               -              -               -                 -                -               -              -               -               -              -    1,183,389


                                                                                      Total               6,111,398        958,467           53,157      2,289,258                -     3,564,372        215,931           150,868        3,149,989                 -              -     2,717,400      10,104,360        585,719      1,183,389

                                                                              *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                 Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                 EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.
Page 369
                                                                             Tabel Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak - Bank secara Individual
                                                                             Table of Disclosure of Net Receivables by Remaining Contract Period – Bank Individually

                                                                                                                                                                                                                                                                                  (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                 31 Desember 2023                                                                         31 Desember 2022
                                                                                                                                                 31 Desember 2023                                                                         31 Desember 2022

                                                                                                                            Tagihan bersih berdasarkan sisa jangka waktu kontrak                                        Tagihan bersih berdasarkan sisa jangka waktu kontrak
                                                                                                                               Net Receivables by Remaining Contract Period                                                Net Receivables by Remaining Contract Period
                                                                              No.   Kategori Portofolio                                                                                                                                                                                          Portfolio Category
                                                                                                                             >1 thn s.d.       >3 thn s.d.                                                               >1 thn s.d.   >3 thn s.d.                     Non-
                                                                                                                                                                                   Non-
                                                                                                                               3 thn             5 thn                                                                     3 thn         5 thn                      Kontraktual
                                                                                                            ≤ 1 tahun                                             > 5 thn       Kontraktual                ≤ 1 tahun                                  > 5 thn
                                                                                                                              >1 to 3           >3 to 5                                        Total                      >1 to 3       >3 to 5                        Non-         Total
                                                                                                             ≤1 year                                             >5 years                                   ≤1 year                                  >5 years
                                                                                                                               years             years                                                                     years         years                      Contractual


                                                                              (1)            (2)               (3)               (4)               (5)             (6)              (7)         (8)           (9)           (10)          (11)         (12)            (13)         (14)                   (2)

                                                                                    Tagihan Kepada                                                                                                                                                                                                   Receivables from
                                                                              1.                            1,725,237         1,225,499        1,172,121         1,988,542                -   6,111,398     2,996,464        856,686       724,227    2,285,267               -    6,862,645
                                                                                    Pemerintah                                                                                                                                                                                                           Government

                                                                                    Tagihan Kepada                                                                                                                                                                                                  Receivables from
                                                                              2.                              920,975            37,492                      -              -             -    958,467      1,307,453         29,040        21,362     211,282                -    1,569,136
                                                                                    Entitas Sektor Publik                                                                                                                                                                                       Public Sector Entities

                                                                                    Tagihan Kepada                                                                                                                                                                                                       "Receivables
                                                                                    Bank Pembangunan                                                                                                                                                                                                from Multilateral
                                                                              3.    Multilateral               50,633             2,523                      -              -             -     53,157          2,523         15,568             -              -             -       18,091      Development Banks
                                                                                    dan Lembaga                                                                                                                                                                                                     and International
                                                                                    Internasional                                                                                                                                                                                                        Institutions"

                                                                                                                                                                                                                                                                                                     Receivables from
                                                                              4.    Tagihan Kepada Bank     1,651,555          637,703                       -              -             -   2,289,258       536,039              -       157,716      87,946                -      781,701
                                                                                                                                                                                                                                                                                                               Banks

                                                                                                                                                                                                                                                                                                    Receivables in the
                                                                                    Tagihan berupa
                                                                              5.                                        -                  -                 -              -             -            -                                                                                              form of Covered
                                                                                    Covered Bond
                                                                                                                                                                                                                                                                                                                 Bond

                                                                                    Tagihan kepada                                                                                                                                                                                                  Receivables from
                                                                                    Perusahaan Efek                                                                                                                                                                                             Securities Companies
                                                                              6.                            2,076,027          654,333           794,012           40,000                 -   3,564,372
                                                                                    dan Lembaga Jasa                                                                                                                                                                                              and Other Financial
                                                                                    Keuangan Lainnya                                                                                                                                                                                             Services Institutions

                                                                                                                                                                                                                                                                                                   Receivables in the
                                                                                    Tagihan berupa Surat
                                                                                                                                                                                                                                                                                                form of Subordinated
                                                                                    Berharga/Piutang
                                                                                                                                                                                                                                                                                                           Securities/
                                                                              7.    Subordinasi, Ekuitas,     215,931                      -                 -              -             -    215,931                                                                                            Receivables, Equity
                                                                                    dan Instrumen Modal




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                                                                                                                                                                                                                                   and Other Capital
                                                                                    Lainnya
                                                                                                                                                                                                                                                                                                         Instruments




367
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                                                                                                                                                       31 Desember 2023                                                                                 31 Desember 2022




368
                                                                                                                                                       31 Desember 2023                                                                                 31 Desember 2022

                                                                                                                                  Tagihan bersih berdasarkan sisa jangka waktu kontrak                                              Tagihan bersih berdasarkan sisa jangka waktu kontrak
                                                                                                                                     Net Receivables by Remaining Contract Period                                                      Net Receivables by Remaining Contract Period
                                                                               No.     Kategori Portofolio                                                                                                                                                                                                           Portfolio Category
                                                                                                                                   >1 thn s.d.       >3 thn s.d.                                                                     >1 thn s.d.     >3 thn s.d.                        Non-
                                                                                                                                                                                         Non-
                                                                                                                                     3 thn             5 thn                                                                           3 thn           5 thn                         Kontraktual
                                                                                                                  ≤ 1 tahun                                             > 5 thn       Kontraktual                   ≤ 1 tahun                                         > 5 thn
                                                                                                                                    >1 to 3           >3 to 5                                         Total                           >1 to 3         >3 to 5                           Non-            Total
                                                                                                                   ≤1 year                                             >5 years                                      ≤1 year                                         >5 years
                                                                                                                                     years             years                                                                           years           years                         Contractual


                                                                                (1)              (2)                   (3)             (4)               (5)             (6)              (7)           (8)             (9)             (10)            (11)            (12)            (13)            (14)                   (2)

                                                                                      Kredit Beragunan                                                                                                                                                                                                               Residential Property
                                                                                8.                                      6,337           8,538            39,496          96,497                 -      150,868             4,155          15,627          17,695          52,679                 -        90,155
                                                                                      Rumah Tinggal                                                                                                                                                                                                                  Collateralized Loans

                                                                                      Kredit Beragunan
                                                                                                                                                                                                                                                                                                                                                Capital Structure and Risk Management




                                                                                                                                                                                                                                                                                                                     Commercial Property
                                                                                9.                                 1,212,648         301,700           570,717         1,064,924                -   3,149,989           324,827           60,635         197,745        561,031                  -     1,144,239
                                                                                      Properti Komersial                                                                                                                                                                                                              Collateralized Loans
                                                                                                                                                                                                                                                                                                                                                Struktur Permodalan dan Manajemen Risiko




                                                                                      Kredit untuk                                                                                                                                                                                                                          Loan by Land
                                                                                      Pengadaan Tanah,                                                                                                                                                                                                                   Acquisition, Land
                                                                                10.                                           -                  -                 -              -             -              -
                                                                                      Pengolahan Tanah,                                                                                                                                                                                                                   Processing, and
                                                                                      dan Konstruksi                                                                                                                                                                                                                        Construction

                                                                                      Kredit Pegawai/                                                                                                                                                                                                                          Employee/
                                                                                11.                                           -                  -                 -              -             -              -                -                -              -                -               -               -
                                                                                      Pensiunan                                                                                                                                                                                                                         Retirement Loans

                                                                                      Tagihan Kepada                                                                                                                                                                                                                    "Receivables from
                                                                                      Usaha Mikro, Usaha                                                                                                                                                                                                             Microbusiness, Small
                                                                                12.                                1,999,904         268,659           282,698          166,140                 -   2,717,400            43,130                938         3,193               875               -        48,135
                                                                                      Kecil dan Portofolio                                                                                                                                                                                                            Business, and Retail




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                      Ritel                                                                                                                                                                                                                                     Portfolio"

                                                                                      Tagihan kepada                                                                                                                                                                                                                     Receivables from
                                                                                13.                                6,035,422        1,287,764        1,327,104         1,454,071                - 10,104,360          7,440,069        1,526,406       2,862,493      1,604,423                  -    13,433,391
                                                                                      Korporasi                                                                                                                                                                                                                             Corporations

                                                                                      Tagihan yang Telah
                                                                                14.                                  246,649         279,841             13,362          45,868                 -      585,719          182,390           77,365         237,384          44,044                 -       541,183          Due Receivables
                                                                                      Jatuh Tempo

                                                                                15.   Aset Lainnya                            -                  -                 -              -    1,183,389    1,183,389                   -                -              -                -     1,803,360       1,803,360              Other Assets

                                                                                      Total                      16,141,318         4,704,050        4,199,510         4,856,041       1,183,389 31,084,309          12,837,050        2,582,265       4,221,816      4,847,545        1,803,360      26,292,037                        Total

                                                                              *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                 Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                 EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.
Page 371
                                                                             Tabel Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Individual
                                                                             Table of Disclosure of Receivables and Allowances by Area – Bank Individually
                                                                                                                                                                                                                                             (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                              31 Desember 2023
                                                                                                                                                                              31 Desember 2023

                                                                                                                                                                                  Wilayah
                                                                                                                                                                                   Region
                                                                              No.                    Keterangan                                                                                                                                   Description
                                                                                                                                      Zona Indonesia       Zona Indonesia      Zona Indonesia     Diluar Indonesia
                                                                                                                                     Barat (Wilayah 1)   Tengah (Wilayah 2)   Timur (Wilayah 3)      (Wilayah 4)        Total
                                                                                                                                      Indonesia Zone      Indonesia Zone       Indonesia Zone     Indonesia Outside
                                                                                                                                       West (Zone 1)      Center (Zone 2)       East (Zone 3)         (Zone 4)

                                                                              (1)                          (2)                              (3)                 (4)                  (5)                 (6)              (7)                           (2)

                                                                               1.   Tagihan                                             27,023,562           1,176,263             176,272                     66     28,376,162                                       Receivables

                                                                                    Tagihan yang mengalami peningkatan dan                                                                                                         Claims with Increased and Worsening Credit
                                                                               2.
                                                                                    pemburukan risiko kredit (Stage 2 dan Stage 3)                                                                                                                   Risk (Stage 2 and Stage 3)

                                                                                    a. Belum jatuh tempo                                   892,709             271,513                       -                  -      1,164,222                                       a. Not Due

                                                                                    b. Telah jatuh tempo                                   669,350              44,737                       -                  -       714,087                                        b.       Due

                                                                               3.   CKPN - Stage 1                                         108,625               3,905                     276                  -       112,806                                   CKPN - Stage 1

                                                                               4.   CKPN - Stage 2                                         213,614             120,084                       -                  -       333,699                                   CKPN - Stage 2

                                                                               5.   CKPN - Stage 3                                         122,401               5,966                       -                  -       128,368                                   CKPN - Stage 3

                                                                               6.   Tagihan yang dihapus buku                            (139,196)             (54,726)                      -                  -      (193,922)                         Receivables Written Off




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
369
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                                                                                                                                                                                                                                                                                                      (dalam jutaan rupiah / in million Rupiah)




370
                                                                                                                                                                                                     31 Desember 2022
                                                                                                                                                                                                     31 Desember 2023

                                                                                                                                                                                                            Wilayah
                                                                                                                                                                                                            Region
                                                                               No.                       Keterangan                                                                                                                                                                                        Description
                                                                                                                                                Zona Indonesia             Zona Indonesia              Zona Indonesia             Diluar Indonesia
                                                                                                                                                    Barat                      Tengah                      Timur                     (Wilayah 4)
                                                                                                                                                                                                                                                                      Total
                                                                                                                                                Indonesia Zone             Indonesia Zone              Indonesia Zone            Indonesia Outside
                                                                                                                                                 West (Zone 1)             Center (Zone 2)              East (Zone 3)                 (Zone 4)

                                                                                (1)                             (2)                                     (3)                         (4)                         (5)                         (6)                         (7)                                      (2)

                                                                                 1.    Tagihan                                                      23,191,752                   1,541,170                       -                        109,663                    24,842,584                                                Receivables
                                                                                                                                                                                                                                                                                                                                                  Capital Structure and Risk Management




                                                                                 2.    Tagihan yang mengalami peningkatan dan                                                                                                                                                             Claims with Increased and Worsening Credit
                                                                                       pemburukan risiko kredit (Stage 2 dan Stage 3)                                                                                                                                                                       Risk (Stage 2 and Stage 3)
                                                                                                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                                       a. Belum jatuh tempo                                          1,286,733                     239,986                       -                                -                   1,526,720                                                 a. Not Due

                                                                                       b. Telah jatuh tempo                                            546,067                     122,560                       -                                -                     668,627                                                 b.       Due

                                                                                 3.    CKPN - Stage 1                                                  112,831                        9,294                      -                                -                     122,124                                            CKPN - Stage 1

                                                                                 4.                                                                    224,869                       72,557                      -                                -
                                                                                       CKPN - Stage 2                                                                                                                                                                                                                      CKPN - Stage 2
                                                                                                                                                                                                                                                                        297,426
                                                                                 5.    CKPN - Stage 3                                                  104,460                       22,983                      -                                -                     127,444                                            CKPN - Stage 3

                                                                                 6.    Tagihan yang dihapus buku                                      (308,652)                    (99,051)                                                                           (407,704)                                   Receivables Written Off




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                 Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                 EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.
Page 373
                                                                             Tabel Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi - Bank secara Individual
                                                                             Table of Disclosure of Receivables and Allowances by Economic Sector – Bank Individually
                                                                                                                                                                                                                                     (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                      Tagihan yang Mengalami         Cadangan         Cadangan
                                                                                                                                                                                                       Cadangan
                                                                                                                                          Penurunan Nilai             kerugian         kerugian
                                                                                                                                                                                                        kerugian
                                                                                                                                       Impaired Receivables         penurunan        penurunan
                                                                                                                                                                                                      penurunan       Tagihan yang
                                                                                                                                                                   nilai (CKPN) -   nilai (CKPN) -
                                                                                                                        Tagihan                                                                      nilai (CKPN) -   dihapus buku
                                                                              No.         Sektor Ekonomi                                                               Stage 1          Stage 2                                                Economi Sector
                                                                                                                      Receivables   Belum Jatuh    Telah jatuh                                           Stage 3       Receivables
                                                                                                                                                                       Losses           Losses
                                                                                                                                       Tempo         tempo                                            Allowance        Written Off
                                                                                                                                                                    Allowance        Allowance
                                                                                                                                      Not Due          Due                                                (ILA) -
                                                                                                                                                                        (ILA) -          (ILA) -
                                                                                                                                                                                                         Stage 3
                                                                                                                                                                       Stage 1          Stage 2
                                                                              (1)                  (2)                    (3)           (4)            (5)              (6)              (7)              (8)             (9)                           (2)

                                                                             31 DESEMBER 2023 / 31 DESEMBER 2023

                                                                                    Pertanian, Kehutanan, dan                                                                                                                                 Agriculture, Forestry, and
                                                                               1.                                        582,543         29,377          6,159            1,917           11,494            1,283                -
                                                                                    Perikanan                                                                                                                                                                  Fisheries

                                                                                                                                                                                                                                                  Mining and Extractive
                                                                               2.   Pertambangan dan Penggalian          731,967              -                6          2,195                  -              2                -                           Industries

                                                                               3.   Industri pengolahan                 2,250,155       138,937         17,849            7,078           44,373            8,164         (18,296)                   Processing Industry
                                                                                                                                                                                                                                            Procurement of Electricity,
                                                                                    Pengadaan Listrik, Gas, Uap/Air
                                                                               4.                                        351,576         36,395                -              219          4,588                 -               -          Gas, Steam/Hot Water, and
                                                                                    Panas dan Udara Dingin
                                                                                                                                                                                                                                                              Cold Air
                                                                                    Pengelolaan Air, Pengelolaan                                                                                                                            Water Management, Waste
                                                                               5.   Air Limbah, Pengelolaan dan          277,711              -                -               40                -               -               -          Water Management, Waste
                                                                                    Daur Ulang Sampah                                                                                                                                        Management and Recycle
                                                                               6.   Konstruksi                           870,949         97,667         31,373            1,600           14,922           13,191         (39,975)                            Construction
                                                                                    Perdagangan besar dan eceran;                                                                                                                          Wholesale and Retail Trade;
                                                                               7.   Reparasi dan Perawatan Mobil        2,910,906       110,218        105,801           24,631           28,986           51,605         (35,070)          Car and Motorcycle Repair
                                                                                    dan Sepeda Motor                                                                                                                                                 and Maintenance
                                                                                    Pengangkutan dan                                                                                                                                                 Transportation and
                                                                               8.                                        572,323              -        137,501            1,819                  -         11,093         (11,083)
                                                                                    Pergudangan                                                                                                                                                            Warehousing
                                                                                    Penyediaan Akomodasi dan                                                                                                                                Provision of Accomodation
                                                                               9.                                        964,570        174,480         40,879            3,160           86,850            4,042         (54,199)
                                                                                    Penyediaan Makan Minum                                                                                                                                     and Foods & Beverages
                                                                                                                                                                                                                                                         Information and
                                                                              10.   Informasi dan Komunikasi             377,600        114,700                -              569         25,449                 -               -                       Communication
                                                                                    Aktivitas Keuangan dan                                                                                                                                      Financial and Insurance
                                                                              11.                                      10,948,529         3,121                -         23,268                377               -               -
                                                                                    Asuransi                                                                                                                                                                   Activities




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                              12.   Real Estate                         4,522,162       334,016        351,888           40,538           99,818           32,860         (24,687)                             Real Estate
                                                                                    Aktivitas Profesi, Ilmiah, dan                                                                                                                         Professional, Scientific, and
                                                                              13.                                        457,265          2,648          8,750            1,454                302          3,177                -
                                                                                    Teknis                                                                                                                                                         Technical Activities




371
Page 374
372
                                                                                                                                                            Tagihan yang Mengalami                         Cadangan                Cadangan
                                                                                                                                                                                                                                                            Cadangan
                                                                                                                                                                Penurunan Nilai                             kerugian                kerugian
                                                                                                                                                                                                                                                             kerugian
                                                                                                                                                             Impaired Receivables                         penurunan               penurunan
                                                                                                                                                                                                                                                           penurunan              Tagihan yang
                                                                                                                                                                                                         nilai (CKPN) -          nilai (CKPN) -
                                                                                                                                  Tagihan                                                                                                                 nilai (CKPN) -          dihapus buku
                                                                               No.              Sektor Ekonomi                                                                                               Stage 1                 Stage 2                                                                    Economi Sector
                                                                                                                                Receivables             Belum Jatuh               Telah jatuh                                                                 Stage 3              Receivables
                                                                                                                                                                                                             Losses                  Losses
                                                                                                                                                           Tempo                    tempo                                                                  Allowance               Written Off
                                                                                                                                                                                                          Allowance               Allowance
                                                                                                                                                          Not Due                     Due                                                                      (ILA) -
                                                                                                                                                                                                              (ILA) -                 (ILA) -
                                                                                                                                                                                                                                                              Stage 3
                                                                                                                                                                                                             Stage 1                 Stage 2
                                                                                (1)                    (2)                             (3)                     (4)                      (5)                     (6)                      (7)                     (8)                      (9)                            (2)
                                                                                        Aktivitas Penyewaan dan
                                                                                                                                                                                                                                                                                                         Leasing and Leasing Activities
                                                                                        Sewa Guna Usaha Tanpa Hak
                                                                                                                                                                                                                                                                                                                without Option Rights,
                                                                                14.     Opsi, Ketenagakerjaan, Agen                   947,538                   72,688                    1,262                    2,000                   9,243                       359                        -      Employment, Travel Agencies,
                                                                                        Perjalanan, dan Penunjang
                                                                                                                                                                                                                                                                                                          and Other Business Supports
                                                                                        Usaha Lainnya
                                                                                                                                                                                                                                                                                                                                                Capital Structure and Risk Management




                                                                                        Administrasi Pemerintahan,                                                                                                                                                                                        "Government administration,
                                                                                                                                                                                                                                                                                                                                                Struktur Permodalan dan Manajemen Risiko




                                                                                15.     Pertahanan, dan Jaminan                                -                       -                        -                       -                        -                        -                       -       land business and mandatory
                                                                                        Sosial Wajib                                                                                                                                                                                                                     social service"

                                                                                16.     Pendidikan                                    130,546                   31,314                    2,406                       422                  3,837                       680                        -                               Education

                                                                                        Aktivitas Kesehatan Manusia                                                                                                                                                                                        Human Health Activities and
                                                                                17.                                                    31,209                          -                        -                     243                        -                        -                       -
                                                                                        dan Aktivitas Sosial                                                                                                                                                                                                         Social Activities

                                                                                        Kesenian, Hiburan, dan                                                                                                                                                                                                  Arts, Entertainment, and
                                                                                18.                                                    71,610                          -                        -                     364                        -                        -                       -
                                                                                        Rekreasi                                                                                                                                                                                                                              Recreation

                                                                                19.     Aktivitas Jasa Lainnya                                 -                       -                        -                       -                        -                        -                       -             Other Services Activities
                                                                                        Aktivitas Rumah Tangga
                                                                                                                                                                                                                                                                                                             Household Activities as an
                                                                                        sebagai Pemberi Kerja;




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                                                                                                                                                                                                                               Employer; Activities that
                                                                                        Aktivitas yang Menghasilkan
                                                                                20.                                                            -                       -                        -                       -                        -                        -                       -        Produce Goods and Services
                                                                                        Barang dan Jasa oleh Rumah
                                                                                                                                                                                                                                                                                                           by Households that are Used
                                                                                        Tangga yang Digunakan untuk
                                                                                                                                                                                                                                                                                                              to Meet Their Own Needs
                                                                                        Memenuhi Kebutuhan Sendiri
                                                                                        Aktivitas Badan Internasional                                                                                                                                                                                       International Organizations
                                                                                21.     dan Badan Ekstra Internasional                         -                       -                        -                       -                        -                        -                       -       and Other Extra International
                                                                                        Lainnya                                                                                                                                                                                                                 Organizations Activities

                                                                                22.     Rumah Tangga                                           -                       -                        -                                                                                                 -                              Household

                                                                                23.     Bukan Lapangan Usaha                          193,613                   18,659                  10,212                     1,290                   3,460                    1,911                (10,611)                              Non-Business

                                                                                24.     Lainnya                                     1,183,389                          -                        -                       -                        -                        -                       -                                  Others

                                                                                        Total                                     28,376,162                1,164,222                  714,087                  112,806                 333,699                  128,368               (193,922)                                        Total

                                                                              *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                 Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                 EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.
Page 375
                                                                             Disclosure of Receivables by Due Date

                                                                             1) Bank secara individu / Bank individually
                                                                                                                                                                                                                                                                                                     (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                             31 Desember 2023                                                                 31 Desember 2022
                                                                                                                                                             31 December 2023                                                                 31 December 2022

                                                                                                                                                   Tagihan Berdasarkan Hari Tunggakan                                               Tagihan Berdasarkan Hari Tunggakan
                                                                                                                                                         Receivables by Due Date                                                        Receivables by Due Date
                                                                              No.                Jenis Eksposur                                                                                                                                                                                               Exposure Type
                                                                                                                                  > 90 hari s.d.     > 120 hari s.d.                                               > 90 hari s.d.     > 120 hari s.d.
                                                                                                                                    120 hari            180 hari            > 180 hari                               120 hari            180 hari            > 180 hari
                                                                                                                                                                                                   Total                                                                            Total
                                                                                                                                  > 90 days to       > 120 days to          > 180 days                             > 90 days to       > 120 days to         > 180 days
                                                                                                                                    120 days            180 days                                                     120 days            180 days
                                                                                a                        b                               c                   d                   e                    f                   g                   h                    i                   j

                                                                               1.    Kredit yang termasuk dalam Tagihan               63,397              17,420             633,270             714,087                                                                                             Loan included in Due Receivables
                                                                                     yang Telah Jatuh Tempo
                                                                               2.    Surat Berharga yang termasuk                            -                    -                   -                    -                                                                                                  Securities Included in Due
                                                                                     dalam Tagihan yang Telah Jatuh                                                                                                                                                                                                          Receivables
                                                                                     Tempo
                                                                                     TOTAL                                            63,397              17,420             633,270             714,087                                                                                                                               TOTAL

                                                                             *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                             *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk.




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
373
Page 376
                                                                              Pengungkapan Tambahan terkait Perlakuan terhadap Aset Bermasalah (CRB-A)




374
                                                                              Additional Disclosures regarding Treatment of Non-Performing Assets (CRB-A)

                                                                              Pengungkapan Aset Performing dan Non Performing
                                                                              Disclosure of Performing and Non-Performing Assets

                                                                              1) Bank secara individu / Bank individually
                                                                                                                                                                                                                                                                                                      (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                                         Non Performing
                                                                                                                                                                                                                        (Kualitas KL, D, M)
                                                                                                                                      Performing                                                                Non Performing (Quality of KL,D, M)
                                                                                                                                  (Kualitas L dan DPK)
                                                                                                                                                                                                                             Tagihan yang Tidak Mengalami Penurunan Nilai
                                                                                                                              Performing (Quality of L and                  Tagihan yang Mengalami                                     Non Impaired Receivables
                                                                                                                                          DPK)                                  Penurunan Nilai
                                                                                                                                                                                                                                                                                                                                                  Capital Structure and Risk Management




                                                                                                                                                                             Impaired Receivables                   Memiliki Tunggakan > 90 hari               Memiliki Tunggakan ≤ 90 hari
                                                                                No                 Deskripsi                                                                                                                                                                                                       Description
                                                                                                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                                                                                                                                                                      Have Arrears > 90 days                     Have Arrears ≤ 90 days

                                                                                                                                   Nilai                                      Nilai                                      Nilai                                      Nilai
                                                                                                                                 Tercatat                                   Tercatat                                   Tercatat                                   Tercatat
                                                                                                                                  Bruto                                      Bruto                                      Bruto                                      Bruto
                                                                                                                                                        CKPN                                       CKPN                                       CKPN                                       CKPN
                                                                                                                                  Gross                                      Gross                                      Gross                                      Gross
                                                                                                                                 Carrying                                   Carrying                                   Carrying                                   Carrying
                                                                                                                                 Amount                                     Amount                                     Amount                                     Amount
                                                                                                                                      a                    b                     c                    d                     e                     f                    g                    h

                                                                                 1.     Surat Berharga                           6,285,564                 8,272                       -                    -                     -                    -                     -                    -                Marketable Securities

                                                                                 2.     Kredit                                                                                                                                                                                                                                          Credit




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                                               17,885,280               435,011               743,463              130,822                        -                    -                     -                    -
                                                                                        a. Korporasi                           17,702,964               430,261               733,251              128,911                        -                    -                     -                    -                           a. Corporate

                                                                                        b. Ritel                                   182,316                 4,750               10,212                 1,911                       -                    -                     -                    -                           b.        Retail

                                                                                 3.     Transaksi Rekening                       6,340,954                       -                   60                     -                     -                    -                     -                    -               Administrative Account
                                                                                        Administratif                                                                                                                                                                                                                        Transaction

                                                                              *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                 Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                 EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk
Page 377
                                                                             Pengungkapan Aset Restrukturisasi Performing dan Non Performing
                                                                             Disclosure of Performing and Non-Performing Restructuring Assets

                                                                             1) Bank secara Individual / Bank Individually
                                                                                                                                                                                                                                                                                                       (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                  Performing                       Non Performing
                                                                                                                              (Kualitas L dan DPK)                (Kualitas KL, D, M)
                                                                                                                                                                                                            Stage 1                           Stage 2                            Stage 3
                                                                                                                              Performing (Quality                  Non Performing
                                                                                                                                 of L and DPK)                   (Quality of KL,D, M)

                                                                               No                 Deskripsi                     Nilai                             Nilai                             Nilai                              Nilai                             Nilai                                      Description
                                                                                                                              Tercatat                          Tercatat                          Tercatat                           Tercatat                          Tercatat
                                                                                                                               Bruto                             Bruto                             Bruto                              Bruto                             Bruto
                                                                                                                                                 CKPN                              CKPN                              CKPN                               CKPN                              CKPN
                                                                                                                               Gross                             Gross                             Gross                              Gross                             Gross
                                                                                                                              Carrying                          Carrying                          Carrying                           Carrying                          Carrying
                                                                                                                              Amount                            Amount                            Amount                             Amount                            Amount
                                                                                                                                   a                b                c                d                 e                f                g                h                 i                j

                                                                                1.     Surat Berharga                                    -                -                -                -                -                 -                -                -                -                -                Marketable Securities

                                                                                2.     Kredit                                2,206,558           350,793          661,746            98,967       1,169,662            28,210       1,066,273           331,844          632,369            87,473                                     Credit

                                                                                       a. Korporasi                          2,164,885           346,044          652,819            97,505       1,139,333            27,890       1,054,929           329,648          623,443            86,011                            a. Corporate

                                                                                       b. Ritel                                  41,673             4,750            8,926            1,462           30,329                 321        11,344             2,196            8,926            1,462                             b.      Retail

                                                                                       Transaksi Rekening                                                                                                                                                                                                         Administrative Account
                                                                                3.                                              102,950                   -              60                 -         72,191                   -        30,819                   -                -                -
                                                                                       Administratif                                                                                                                                                                                                                         Transaction

                                                                             *) Berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas
                                                                                Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                             *) Based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-
                                                                                EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International Tbk




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
375
Page 378
                                                                              Pengungkapan Kuantitatif terkait Teknik MRK (CR3)




376
                                                                              Disclosure of Quantitative related to MRK Techniques (CR3)

                                                                              1) Bank secara Individual / Bank Individually
                                                                                                                                                                                                                                                                                                                 (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                                                                           Tagihan yang Dijamin
                                                                                                                                                                                                                                             dengan Garansi,
                                                                                                                                       Tagihan yang Tidak
                                                                                                                                                                        Tagihan yang Dijamin             Tagihan yang Dijamin                Penjaminan dan/                 Tagihan yang Dijamin
                                                                                                                                         Dijamin dengan
                                                                                                                                                                         dengan Teknik MRK                 dengan Agunan                   atau Asuransi Kredit                dengan Derivatif
                                                                                                                                           Teknik MRK
                                                                                No                     Deskripsi                                                            Guaranteed                       Guaranteed                        Guaranteed                           Kredit                                  Description
                                                                                                                                         Not Guaranteed
                                                                                                                                                                          Receivables using                 Receivables by                    Receivables by                 Receivables Secured
                                                                                                                                        Receivables using
                                                                                                                                                                          MRK Techniques                      Collateral                    Guarantee, Security              by Credit Derivatives
                                                                                                                                        MRK Techniques
                                                                                                                                                                                                                                              and/or Credit
                                                                                                                                                                                                                                                Insurance
                                                                                                                                                                                                                                                                                                                                                             Capital Structure and Risk Management




                                                                                                                                                    a                                 b                                 c                                 d                                 e
                                                                                                                                                                                                                                                                                                                                                             Struktur Permodalan dan Manajemen Risiko




                                                                                 1.     Kredit                                                16,605,775                         1,744,612                         1,744,612                                     -                                                                                  Credit

                                                                                 2.     Surat Berharga                                          6,277,292                                    -                                 -                                 -                                                             Marketable Securities

                                                                                 3.     Total                                                 22,883,066                         1,744,612                         1,744,612                                     -                                                                                  Total

                                                                                        Kredit dan Surat Berharga yang
                                                                                 4.                                                               714,087                                    -                                 -                                 -                                                         Due Loans and Securities
                                                                                        Telah Jatuh Tempo


                                                                              2) Pengungkapan Tambahan / Additional Disclosure

                                                                              1. Bank tidak memiliki eksposur kuantitatif terkait teknik MRK secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk.




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                 dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                              1. The Bank does not have quantitative exposure related to MRK techniques on a consolidated basis due to based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria
                                                                                 Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no
                                                                                 longer a subsidiary of PT Bank Victoria International Tbk
Page 379
                                                                             Pengungkapan Eksposur Risiko Kredit dan Dampak Teknik MRK (CR4)
                                                                             Disclosure of Credit Risk Exposure and Impact of MRK Techniques (CR4)

                                                                             1) Bank secara Individu / Bank Individually
                                                                                                                                                                                                                                 (dalam jutaan rupiah / in million Rupiah)


                                                                                                                        Tagihan Bersih Sebelum Penerapan   Tagihan Bersih Setelah Penerapan
                                                                                                                               FKK dan Teknik MRK                FKK dan Teknik MRK
                                                                                                                                                                                              ATMR dan Rata-Rata Bobot Risiko
                                                                                                                             Net Receivables Before              Net Receivables After
                                                                                                                                                                                               RWA and Risk Weight Average
                                                                                                                         Implementation of FKK and MRK      Implementation of FKK and MRK
                                                                                                                                   Techniques                         Techniques
                                                                              No         Kategori Portofolio                                                                                                                          Portfolio Category
                                                                                                                        Laporan Posisi                     Laporan Posisi                                     Rata-Rata Bobot
                                                                                                                          Keuangan                           Keuangan                                         Risiko (e/(c+d))
                                                                                                                         Statements            TRA          Statements            TRA            ATMR           Risk Weight
                                                                                                                         of Financial                       of Financial                                        Average (e/
                                                                                                                           Position                           Position                                             (c+d))
                                                                                                                              a                 b                c                 d                e                 f

                                                                               1.   Tagihan kepada Pemerintah              6,111,398                 -        6,111,398                 -               -                 0%        Receivables from Government

                                                                                    Tagihan Kepada Entitas Sektor                                                                                                                  Receivables from Public Sector
                                                                               2.                                           789,967           635,000          789,967           168,500          307,592                 32%
                                                                                    Publik                                                                                                                                                               Entities

                                                                                    Tagihan kepada Bank                                                                                                                              Receivables from Multilateral
                                                                               3.   Pembangunan Multilateral dan                   -           53,157                 -           53,157           26,578                 50%             Development Banks and
                                                                                    Lembaga Internasional                                                                                                                                International Institutions

                                                                               4.   Tagihan kepada Bank                    1,647,371           10,461         1,647,371            4,184          460,099                 28%               Receivables from Banks

                                                                                                                                                                                                                                      Receivables from Securities
                                                                                    Tagihan kepada Perusahaan Efek
                                                                                                                           3,342,875         1,899,969        3,327,875          221,497        1,082,392                 30%      Companies and Other Financial
                                                                                    dan Lembaga Jasa Keuangan Lain 1)
                                                                                                                                                                                                                                          Services Institutions 1)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
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378
                                                                                                                        Tagihan Bersih Sebelum Penerapan   Tagihan Bersih Setelah Penerapan
                                                                                                                               FKK dan Teknik MRK                FKK dan Teknik MRK
                                                                                                                                                                                              ATMR dan Rata-Rata Bobot Risiko
                                                                                                                             Net Receivables Before              Net Receivables After
                                                                                                                                                                                               RWA and Risk Weight Average
                                                                                                                         Implementation of FKK and MRK      Implementation of FKK and MRK
                                                                                                                                   Techniques                         Techniques
                                                                              No        Kategori Portofolio                                                                                                                            Portfolio Category
                                                                                                                        Laporan Posisi                     Laporan Posisi                                     Rata-Rata Bobot
                                                                                                                          Keuangan                           Keuangan                                         Risiko (e/(c+d))
                                                                                                                         Statements            TRA          Statements            TRA            ATMR           Risk Weight
                                                                                                                         of Financial                       of Financial                                        Average (e/
                                                                                                                           Position                           Position                                             (c+d))
                                                                                                                              a                 b                c                 d                e                 f

                                                                                                                                                                                                                                 Receivables in the form of Covered
                                                                              5.   Tagihan berupa Covered Bond                     -                 -                -                 -               -                 0%                                  Bond
                                                                                                                                                                                                                                                                       Capital Structure and Risk Management




                                                                                   Tagihan kepada Korporasi -                                                                                                                      Receivables from Corporations -
                                                                              6.                                           8,553,381         2,406,948        7,314,073         1,550,980       7,645,305                 86%
                                                                                   Eksposur Korporasi Umum 2)                                                                                                                       General Corporate Exposure 2)
                                                                                                                                                                                                                                                                       Struktur Permodalan dan Manajemen Risiko




                                                                                                                                                                                                                                       Receivables from Securities
                                                                                   Tagihan kepada Perusahaan Efek dan
                                                                                                                                   -                 -                -                 -               -                 0%        Companies and Other Financial
                                                                                   Lembaga Jasa Keuangan Lain 3)
                                                                                                                                                                                                                                           Services Institutions 3)

                                                                                   Eksposur Pembiayaan Khusus4)                    -                 -                -                 -               -                 0%           Special financing exposure4)

                                                                                                                                                                                                                                            Receivables in the from
                                                                                   Tagihan berupa Surat Berharga/
                                                                                                                                                                                                                                          Subordinated Securities/
                                                                              7.   Piutang Subordinasi, Ekuitas, dan        215,931                  -         215,931                            539,826             250%            Receivables, Equity and Other
                                                                                   Instrumen Modal Lainnya
                                                                                                                                                                                                                                               Capital Instruments

                                                                                                                                                                                                                                   Receivables from Microbusiness,
                                                                                   Tagihan kepada Usaha Mikro, Usaha
                                                                              8.




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                                           2,413,356          760,111         1,923,052          304,044        1,893,032                 85%            Small Business, and Retail
                                                                                   Kecil, dan Portofolio Ritel
                                                                                                                                                                                                                                                          Portfolio
                                                                              9.   Kredit Beragun Properti                                                                                                                0%          Property Collateralized Loans
                                                                                   Kredit Beragun Properti Rumah                                                                                                                 Residential Property Collateralized
                                                                                   Tinggal yang Pembayarannya Tidak                                                                                                              Loans which the Payments Are Not
                                                                                   Bergantung Secara Material pada          150,868                  -         150,868                  -          74,430                 49%     Materially Dependent on Property
                                                                                   Arus Kas Properti                                                                                                                                                      Cash Flow
                                                                                   Kredit Beragun Properti Rumah                                                                                                                 Residential Property Collateralized
                                                                                   Tinggal yang Pembayarannya                                                                                                                        Loans which the Payments Are
                                                                                   Bergantung Secara Material pada                 -                 -                -                 -               -                 0%      Materially Dependent on Property
                                                                                   Arus Kas Properti                                                                                                                                                      Cash Flow
                                                                                   Kredit Beragun Properti Komersial                                                                                                                        Commercial Property
                                                                                   yang Pembayarannya Tidak                                                                                                                        Collateralized Loans which the
                                                                                   Bergantung Secara Material pada                 -                 -                -                 -               -                 0%         Payments Are Not Materially
                                                                                   Arus Kas Properti                                                                                                                             Dependent on Property Cash Flow
Page 381
                                                                                                                                      Tagihan Bersih Sebelum Penerapan                          Tagihan Bersih Setelah Penerapan
                                                                                                                                             FKK dan Teknik MRK                                       FKK dan Teknik MRK
                                                                                                                                                                                                                                                         ATMR dan Rata-Rata Bobot Risiko
                                                                                                                                           Net Receivables Before                                     Net Receivables After
                                                                                                                                                                                                                                                          RWA and Risk Weight Average
                                                                                                                                       Implementation of FKK and MRK                             Implementation of FKK and MRK
                                                                                                                                                 Techniques                                                Techniques
                                                                               No              Kategori Portofolio                                                                                                                                                                                                     Portfolio Category
                                                                                                                                       Laporan Posisi                                           Laporan Posisi                                                                     Rata-Rata Bobot
                                                                                                                                         Keuangan                                                 Keuangan                                                                         Risiko (e/(c+d))
                                                                                                                                        Statements                         TRA                   Statements                        TRA                         ATMR                  Risk Weight
                                                                                                                                        of Financial                                             of Financial                                                                        Average (e/
                                                                                                                                          Position                                                 Position                                                                             (c+d))
                                                                                                                                                 a                           b                           c                            d                           e                            f
                                                                                       Kredit Beragun Properti Komersial                                                                                                                                                                                                   Commercial Property
                                                                                       yang Pembayarannya Bergantung                                                                                                                                                                                                  Collateralized Loans which
                                                                                       Secara Material pada Arus Kas                        2,919,842                     575,368                   2,919,842                      230,147                   2,802,719                             89%              the Payments Are Materially
                                                                                       Properti                                                                                                                                                                                                                 Dependent on Property Cash Flow
                                                                                       Kredit Pengadaan tanah,                                                                                                                                                                                                 Land Acquisition, Land Processing,
                                                                               10.                                                                     -                            -                           -                           -                            -                         0%
                                                                                       Pengolahan Tanah, dan Konstruksi                                                                                                                                                                                                  and Construction Loans
                                                                               11.     Tagihan yang Telah Jatuh Tempo                         585,719                               -                  585,719                              -                  792,605                        135%                                    Due Receivables
                                                                               12.     Aset Lainnya                                         1,183,389                               -               1,183,389                               -                1,365,877                        115%                                        Other Assets
                                                                                       Total                                              27,914,096                    6,341,014                  26,169,485                   2,532,510                  16,990,456                              59%                                             Total


                                                                             2) Pengungkapan Tambahan / Additional Disclosure

                                                                             1. 1. Bank tidak memiliki eksposur risiko kredit dan dampak teknik MRK secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk.
                                                                                dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                             1. The Bank has no exposure to credit risk and the impact of MRK techniques on a consolidated basis due to based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s
                                                                                Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of
                                                                                PT Bank Victoria International Tbk.


                                                                             Pengungkapan Eksposur berdasarkan Kelas Aset dan Bobot Risiko (CR5)
                                                                             Disclosure of Exposure by Asset Class and Risk Weight (CR5)

                                                                             1) Bank secara Individu / Bank Individually
                                                                                                                                                                                                                                                                                                                 (dalam jutaan rupiah / in million Rupiah)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
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380
                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                               Lainnya
                                                                              No                                  0%                 20%                     50%                    100%                 150%                        Net Receivables
                                                                                     Portfolio Category                                                                                                                 Other
                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                        Techniques
                                                                                   Tagihan kepada Pemerintah
                                                                              1.   Receivables from            6,111,398                   -                       -                   -                     -                            6,111,398
                                                                                   Government



                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                             Lainnya
                                                                              No                                      20%                      50%                     100%                       150%                               Net Receivables
                                                                                     Portfolio Category                                                                                                               Other
                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                        Techniques
                                                                                                                                                                                                                                                           Capital Structure and Risk Management




                                                                                   Tagihan kepada Entitas
                                                                                                                                                                                                                                                           Struktur Permodalan dan Manajemen Risiko




                                                                                   Sektor Publik
                                                                              2.   Receivables from Public            572,137                  386,330                          -                        -                                 958,467
                                                                                   Sector Entities



                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                                Lainnya
                                                                              No                                 0%             20%                  30%               50%                 100%              150%                    Net Receivables
                                                                                     Portfolio Category                                                                                                                  Other
                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                        Techniques
                                                                                   Tagihan kepada Bank




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                   Pembangunan Multilateral
                                                                                   dan Lembaga Internasional
                                                                              3.   Receivables from               -              -                       -             53,157               -                    -                        53,157
                                                                                   Multilateral Development
                                                                                   Banks and International
                                                                                   Institutions
Page 383
                                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                    Kategori Portofolio                                                                                                                                Lainnya
                                                                             No                                  20%               30%             40%             50%         75%                    100%              150%                         Net Receivables
                                                                                    Portfolio Category                                                                                                                                  Other
                                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                                        Techniques
                                                                                  Tagihan kepada Bank
                                                                                  Receivables from Banks       1,640,316                          11,239                            -                     -              -                              1,651,555

                                                                                  Tagihan kepada Perusahaan
                                                                                  Efek dan Lembaga Jasa
                                                                             4.   Keuangan Lainnya 1)
                                                                                  Receivables from             1,650,221          575,165         821,947         502,040           -                     -              -                              3,549,372
                                                                                  Securities Companies and
                                                                                  Other Financial Services
                                                                                  Institutions 1)



                                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                    Kategori Portofolio                                                                                                                             Lainnya
                                                                             No                                 10%         15%             20%             25%       35%               50%                   100%                                   Net Receivables
                                                                                    Portfolio Category                                                                                                                               Other
                                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                                        Techniques
                                                                             5.   Tagihan berupa covered         -           -               -              -          -                  -                         -                                               -
                                                                                  Bond
                                                                                  Receivables in the form of
                                                                                  Covered Bond



                                                                                                                                                                                                                                                  Tagihan Bersih Setelah
                                                                                                                                                                                                                                                   FKK dan Teknik MRK
                                                                                    Kategori Portofolio                                                                                                                                 Lainnya
                                                                             No                                 20%         50%             65%          75%        80%       85%              100%           130%           150%                    Net Receivables
                                                                                    Portfolio Category                                                                                                                                   Other
                                                                                                                                                                                                                                                    After FKK and MRK
                                                                                                                                                                                                                                                        Techniques
                                                                                  Tagihan kepada Korporasi
                                                                                  Umum 2)
                                                                                  Receivables from General     872,259     553,272           -        101,575         -     1,466,074         5,871,873         -              -                        8,865,053
                                                                                  Corporations 2)

                                                                                  Tagihan kepada Perusahaan
                                                                             6.   efek dan lembaga jasa
                                                                                  keuangan lain 3)
                                                                                  Receivables from                   -        -              -              -                   -                 -                            -                            -




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                  Securities Companies and
                                                                                  Other Financial Services
                                                                                  Institutions 3)




381
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382
                                                                                                                                                                                                                          Tagihan Bersih Setelah
                                                                                                                                                                                                                           FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                        Lainnya
                                                                              No                                   20%          50%     65%          75%     80%          85%   100%          130%    150%                   Net Receivables
                                                                                     Portfolio Category                                                                                                          Other
                                                                                                                                                                                                                            After FKK and MRK
                                                                                                                                                                                                                                Techniques
                                                                                   Eksposur pembiayaan
                                                                                   khusus 4)                        -               -                    -    -                  -                -    -                            -
                                                                                   Special financing exposure 4)



                                                                                                                                                                                                                          Tagihan Bersih Setelah
                                                                                                                                                                                                                           FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                   Lainnya
                                                                              No                                         100%                 150%                 250%                400%                                  Net Receivables
                                                                                     Portfolio Category                                                                                                     Other
                                                                                                                                                                                                                            After FKK and MRK
                                                                                                                                                                                                                                Techniques
                                                                                                                                                                                                                                                   Capital Structure and Risk Management




                                                                                   Tagihan kepada Surat
                                                                                                                                                                                                                                                   Struktur Permodalan dan Manajemen Risiko




                                                                                   Berharga/Piutang
                                                                                   Subordinasi, Ekuitas, dan
                                                                                   Instrumen Modal lainnya
                                                                              7.   Receivables in the form of                   -                    -              215,931                   -                                    215,931
                                                                                   Subordinated Securities/
                                                                                   Receivables, Equity and
                                                                                   Other Capital Instruments



                                                                                                                                                                                                                          Tagihan Bersih Setelah
                                                                                                                                                                                                                           FKK dan Teknik MRK
                                                                                     Kategori Portofolio                                                                                                   Lainnya




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              No                                         45%                  75%                   85%                100%                                  Net Receivables
                                                                                     Portfolio Category                                                                                                     Other
                                                                                                                                                                                                                            After FKK and MRK
                                                                                                                                                                                                                                Techniques
                                                                                   Tagihan kepada Usaha Mikro,
                                                                                   Usaha Kecil, dan Portofolio
                                                                                   Ritel
                                                                              8.   Receivables from                             -                    -             2,227,096                  -                                  2,227,096
                                                                                   Microbusiness, Small
                                                                                   Business, and Retail
                                                                                   Portfolio
Page 385
                                                                                                                                                                                                                                                  Tagihan Bersih
                                                                                     Kategori                                                                                                                                                     Setelah FKK dan
                                                                                    Portofolio                                                                                                                                          Lainnya     Teknik MRK
                                                                             No                      0%5)   20%      25%      30%      35%   40%     45%   50%     60%   65%5)   70%      75%   85%   90%   100%   105%   110%   150%
                                                                                     Portfolio                                                                                                                                          Other     Net Receivables
                                                                                     Category                                                                                                                                                      After FKK and
                                                                                                                                                                                                                                                  MRK Techniques

                                                                                  Kredit Beragun
                                                                                  Properti
                                                                                  Property
                                                                                  Collateralized
                                                                                  Loans

                                                                                  Kredit Beragun
                                                                                  Properti Rumah
                                                                                  Tinggal yang
                                                                                  Pembayarannya
                                                                                  Tidak
                                                                                  Bergantung
                                                                             9.   Secara Material
                                                                                  pada Arus Kas
                                                                                  Properti
                                                                                  Residential               27,506   11,518   24,165         5,193         5,089                 77,398                                                              150,868
                                                                                  Property
                                                                                  Collateralized
                                                                                  Loans which the
                                                                                  Payments Are
                                                                                  Not Materially
                                                                                  Dependent on
                                                                                  Property Cash
                                                                                  Flow

                                                                                   tanpa
                                                                                   pendekatan
                                                                                   pembagian
                                                                                   kredit 5)
                                                                                   without
                                                                                   loan sharing
                                                                                   approach 5)

                                                                                   dengan
                                                                                   menggunakan
                                                                                   pendekatan
                                                                                   pembagian
                                                                                   kredit
                                                                                   (dijamin) 5)
                                                                                   using a loan
                                                                                   sharing
                                                                                   approach




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                                   (guaranteed) 5)




383
Page 386
                                                                                                                                                                                                                                   Tagihan Bersih




384
                                                                                      Kategori                                                                                                                                     Setelah FKK dan
                                                                                     Portofolio                                                                                                                          Lainnya     Teknik MRK
                                                                              No                      0%5)   20%   25%   30%   35%   40%   45%   50%   60%   65%5)   70%   75%   85%   90%   100%   105%   110%   150%
                                                                                      Portfolio                                                                                                                          Other     Net Receivables
                                                                                      Category                                                                                                                                      After FKK and
                                                                                                                                                                                                                                   MRK Techniques

                                                                                    dengan
                                                                                    menggunakan
                                                                                    pendekatan
                                                                                    pembagian
                                                                                    kredit
                                                                                    (dijamin) 5)
                                                                                    using a loan
                                                                                    sharing
                                                                                    approach
                                                                                    (guaranteed) 5)
                                                                                                                                                                                                                                                     Capital Structure and Risk Management




                                                                                   Kredit Beragun
                                                                                                                                                                                                                                                     Struktur Permodalan dan Manajemen Risiko




                                                                                   Properti Rumah
                                                                                   Tinggal yang
                                                                                   Pembayarannya
                                                                                   Bergantung
                                                                                   Secara Material
                                                                                   pada Arus Kas
                                                                                   Properti
                                                                                   Residential
                                                                                   Property
                                                                                   Collateralized
                                                                                   Loans which
                                                                                   the Payments




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                   Are Materially
                                                                                   Dependent on
                                                                                   Property Cash
                                                                                   Flow

                                                                                   Kredit Beragun
                                                                                   Properti
                                                                                   Komersial yang
                                                                                   Pembayarannya
                                                                                   Tidak
                                                                                   Bergantung
                                                                                   Secara Material
                                                                                   pada Arus Kas
                                                                                   Properti
Page 387
                                                                                                                                                                                                                                  Tagihan Bersih
                                                                                     Kategori                                                                                                                                     Setelah FKK dan
                                                                                    Portofolio                                                                                                                          Lainnya     Teknik MRK
                                                                             No                      0%5)   20%   25%   30%   35%   40%   45%   50%   60%   65%5)   70%   75%   85%   90%   100%   105%   110%   150%
                                                                                     Portfolio                                                                                                                          Other     Net Receivables
                                                                                     Category                                                                                                                                      After FKK and
                                                                                                                                                                                                                                  MRK Techniques

                                                                                  Commercial
                                                                                  Property
                                                                                  Collateralized
                                                                                  Loans which the
                                                                                  Payments Are
                                                                                  Not Materially
                                                                                  Dependent on
                                                                                  Property Cash
                                                                                  Flow

                                                                                     tanpa
                                                                                     pendekatan
                                                                                     pembagian
                                                                                     kredit 5)
                                                                                     without
                                                                                     loan sharing
                                                                                     approach 5)

                                                                                   dengan
                                                                                   menggunakan
                                                                                   pendekatan
                                                                                   pembagian
                                                                                   kredit
                                                                                   (dijamin) 5)
                                                                                   using a loan
                                                                                   sharing
                                                                                   approach
                                                                                   (guaranteed) 5)

                                                                                   dengan
                                                                                   menggunakan
                                                                                   pendekatan
                                                                                   pembagian
                                                                                   kredit
                                                                                   (dijamin) 5)
                                                                                   using a loan
                                                                                   sharing
                                                                                   approach
                                                                                   (guaranteed) 5)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
385
Page 388
                                                                                                                                                                                                                                                                   Tagihan Bersih




386
                                                                                       Kategori                                                                                                                                                                   Setelah FKK dan
                                                                                      Portofolio                                                                                                                                                       Lainnya      Teknik MRK
                                                                              No                       0%5)     20%   25%   30%      35%   40%   45%   50%       60%   65%5)     70%       75%       85%    90%      100%   105%    110%       150%
                                                                                       Portfolio                                                                                                                                                       Other      Net Receivables
                                                                                       Category                                                                                                                                                                    After FKK and
                                                                                                                                                                                                                                                                  MRK Techniques

                                                                                    Kredit Beragun
                                                                                    Properti
                                                                                    Komersial yang
                                                                                    Pembayarannya
                                                                                    Bergantung
                                                                                    Secara Material
                                                                                    pada Arus Kas
                                                                                    Properti
                                                                                    Commercial                                                                                 1,311,179                   740,987                 1,097,824                        3,149,989
                                                                                    Property
                                                                                                                                                                                                                                                                                    Capital Structure and Risk Management




                                                                                    Collateralized
                                                                                    Loans which
                                                                                                                                                                                                                                                                                    Struktur Permodalan dan Manajemen Risiko




                                                                                    the Payments
                                                                                    Are Materially
                                                                                    Dependent on
                                                                                    Property Cash
                                                                                    Flow

                                                                                       Kredit
                                                                                       Pengadaan
                                                                                       Tanah,
                                                                                       Pengolahan
                                                                                       Tanah, dan
                                                                                       Konstruksi 5)
                                                                                       Land




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                       Acquisition,
                                                                                       Land
                                                                                       Processing,
                                                                                       and
                                                                                       Construction
                                                                                       Loans 5)




                                                                                                                                                                                                                                                      Tagihan Bersih Setelah
                                                                                                                                                                                                                                                       FKK dan Teknik MRK
                                                                                        Kategori Portofolio                                                                                                                  Lainnya
                                                                              No                                             50%                        100%                               150%                                                          Net Receivables
                                                                                        Portfolio Category                                                                                                                    Other
                                                                                                                                                                                                                                                        After FKK and MRK
                                                                                                                                                                                                                                                            Techniques
                                                                                     Tagihan yang Telah Jatuh
                                                                              10.    Tempo                                  55,012                      61,924                             468,783                                                               585,719
                                                                                     Other Assets
Page 389
                                                                                                                                                                                                                                                                                                                        Tagihan Bersih Setelah
                                                                                                                                                                                                                                                                                                                         FKK dan Teknik MRK
                                                                                          Kategori Portofolio                                                                                                                                                                                   Lainnya
                                                                               No                                                       0%                            20%                            100%                           150%                        1250% 5)                                                   Net Receivables
                                                                                          Portfolio Category                                                                                                                                                                                     Other
                                                                                                                                                                                                                                                                                                                          After FKK and MRK
                                                                                                                                                                                                                                                                                                                              Techniques
                                                                               11.     Aset Lainnya                                    92,821                                                      539,952                         550,616                                                                                         1,183,389



                                                                                                                                                                                                                                                                                                                  Tagihan Bersih
                                                                                                                                                 Tagihan Bersih Laporan                               Tagihan Bersih TRA
                                                                                                                                                                                                                                                                                                           (Setelah Pengenaan FKK dan
                                                                                                       Bobot Risiko                                 Posisi Keuangan                                (sebelum pengenaan FKK)                                       Rata - Rata FKK
                                                                               No.                                                                                                                                                                                                                                 Teknik MRK)
                                                                                                       Risk Weight                            Net Receivables Statement of                      Net Receivables TRA (before FKK                                   FKK Average
                                                                                                                                                                                                                                                                                                          Net Receivables (After FKK and
                                                                                                                                                   Financial Position                                     imposition)
                                                                                                                                                                                                                                                                                                                 MRK Techniques)
                                                                                1.     < 40%                                                                 11,356,105                                            1,764,000                                                  22%                                         11,577,505

                                                                                2.     40% - 70%                                                               3,318,586                                           1,465,411                                                  45%                                          3,781,855

                                                                                3.     75%                                                                       101,575                                                       -                                                   -                                          101,575

                                                                                4.     85%                                                                     2,428,450                                           2,917,059                                                  53%                                          3,693,170

                                                                                5.     90% - 100                                                               8,396,132                                             144,780                                                  40%                                          7,214,736

                                                                                6.     105% - 130%                                                             1,077,918                                               49,764                                                 40%                                          1,097,824

                                                                                7.     150%                                                                    1,019,399                                                       -                                                   -                                       1,019,399

                                                                                8.     250%                                                                      215,931                                                       -                                                   -                                          215,931

                                                                                9.     400%                                                                               -                                                    -                                                   -                                                   -

                                                                               10.     1250%                                                                              -                                                    -                                                   -                                                   -
                                                                                       Total Tagihan Bersih
                                                                               11.     Total Net Receivables                                                 27,914,096                                            6,341,014                                                  20%                                         28,701,994


                                                                             2) Pengungkapan Tambahan / Additional Disclosure

                                                                             1. Bank tidak memiliki eksposur risiko kredit dan dampak teknik MRK secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank Victoria Syariah oleh PT Victoria Investama Tbk.
                                                                                dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank), maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk
                                                                             1. The Bank has no exposure to credit risk and the impact of MRK techniques on a consolidated basis due to based on Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the Acquisition of PT Bank Victoria Syariah’s
                                                                                Shares by PT Victoria Investama Tbk and Board of Directors’ Decision Letter No. 113/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of
                                                                                PT Bank Victoria International Tbk




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
387
Page 390
                                                                              Tabel Pengungkapan Analisis Eksposur Counterparty Credit Risk (CCR1)




388
                                                                              Table of Disclosure of Exposure Analysis of Counterparty Credit Risk (CCR1)
                                                                              Bank tidak memiliki eksposur Counterparty Credit Risk (CCR1).
                                                                              The Bank has no exposure of Counterparty Credit Risk (CCR1).


                                                                              Tabel Pengungkapan Eksposur CCR berdasarkan Kategori Portofolio dan Bobot Risiko (CCR3)
                                                                              Table CCR Exposure by Portfolio Category and Risk Weight (CCR3)
                                                                                                                                                                                                                                        (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                          31 Desember 2023
                                                                                           Bobot Risiko                                                                   31 December 2023                                                        Risk Weight
                                                                                                                        a               b               c        d               e            f        g         h            i

                                                                                                                                                                                                                            Total
                                                                                                                                                                                                                                                                                    Capital Structure and Risk Management




                                                                                                                                                                                                                           Tagihan
                                                                                                                                                                                                               Lainnya
                                                                                                                                                                                                                                                                                    Struktur Permodalan dan Manajemen Risiko




                                                                                     Kategori Potofolio                0%             10%             20%       50%             75%          100%     150%                  Bersih           Portfolio Category
                                                                                                                                                                                                                Other
                                                                                                                                                                                                                          Total Net
                                                                                                                                                                                                                         Receivables
                                                                               Indonesia                                    -               -               -         -               -           -        -         -            -                                Indonesia

                                                                               Tagihan kepada Pemerintah dan                                                                                                                             Claims against Government and
                                                                               Bank Sentral                                 -               -               -         -               -           -        -         -            -                        Central Bank

                                                                               Tagihan kepada Entitas Sektor                                                                                               -                                 Claims against Public Sector
                                                                               Publik                                       -               -               -         -               -           -                  -            -                              Entities
                                                                                                                                                                                                           -

                                                                               Tagihan kepada Bank                                                                                                                                             Claims against Multilateral
                                                                               Pembangunan Multilateral dan                 -               -               -         -               -           -        -         -            -               Development Banks and




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                               Lembaga Internasional                                                                                                                                             International Institutions

                                                                               Tagihan kepada Bank Lain                     -               -       637,703           -               -           -        -         -     637,703          Receivables from Other Banks

                                                                                                                                                                                                                                       Receivables in the form of Covered
                                                                               Tagihan berupa Covered Bond                  -               -               -         -               -           -        -         -            -                                 Bond

                                                                               Tagihan kepada Perusahaan Efek                                                                                                                                Receivables from Securities
                                                                               dan Lembaga Jasa Keuangan                    -               -               -         -               -           -        -         -            -       Companies and Other Financial
                                                                               Lainnya                                                                                                                                                              Services Institutions
Page 391
                                                                                                                                                         31 Desember 2023
                                                                                       Bobot Risiko                                                      31 December 2023                                                       Risk Weight
                                                                                                                 a         b           c        d               e            f        g         h            i

                                                                                                                                                                                                           Total
                                                                                                                                                                                                          Tagihan
                                                                                                                                                                                              Lainnya
                                                                                     Kategori Potofolio          0%       10%        20%       50%             75%          100%     150%                  Bersih           Portfolio Category
                                                                                                                                                                                               Other
                                                                                                                                                                                                         Total Net
                                                                                                                                                                                                        Receivables
                                                                                                                                                                                                                              Receivables in the form of
                                                                             Tagihan berupa Surat Berharga/
                                                                                                                                                                                                                               Subordinated Securities/
                                                                             Piutang Subordinasi, Ekuitas, dan        -         -          -         -               -           -        -         -            -         Receivables, Equity and Other
                                                                             Instrumen Modal Lainnya
                                                                                                                                                                                                                                    Capital Instruments

                                                                             Kredit Beragunan Properti Rumah                                                                                                          Residential Property Collateralized
                                                                             Tinggal                                  -         -          -         -               -           -        -         -            -                                 Loans

                                                                             Kredit Beragunan Properti                                                                                                                             Commercial Property
                                                                             Komersial                                -         -          -         -               -           -        -         -            -                  Collateralized Loans

                                                                             Kredit untuk Pengadaan Tanah,                                                                                                               Loan by Land Acquisition, Land
                                                                             Pengolahan Tanah, dan Konstruksi         -         -          -         -               -           -        -         -            -         Processing, and Construction

                                                                             Kredit Pegawai/Pensiunan                 -         -          -         -               -           -        -         -            -          Employee/Retirement Loans

                                                                             Tagihan kepada Korporasi                 -         -          -         -               -           -        -         -            -        Receivables from Corporations

                                                                                                                                                                                                                        Receivables from Microbusiness,
                                                                             Tagihan Kepada Usaha Mikro,
                                                                                                                      -         -          -         -               -           -        -         -            -            Small Business, and Retail
                                                                             Usaha Kecil, dan Portofolio Ritel
                                                                                                                                                                                                                                               Portfolio

                                                                             Tagihan yang Telah Jatuh Tempo           -         -          -         -               -           -        -         -            -                      Due Receivables

                                                                             Aset lainnya                             -         -          -         -               -           -        -         -            -                          Other Assets

                                                                             Total                                    -         -   637,703          -               -           -        -         -     637,703                                  Total




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
389
Page 392
                                                                                                                                                                                                                        (dalam jutaan rupiah / in million Rupiah)




390
                                                                                                                                                          31 Desember 2022
                                                                                          Bobot Risiko                                                    31 Desember 2022                                                        Risk Weight
                                                                                                                    a        b          c        d               e            f        g         h            i

                                                                                                                                                                                                            Total
                                                                                                                                                                                                           Tagihan
                                                                                                                                                                                               Lainnya
                                                                                    Kategori Potofolio             0%       10%       20%       50%            75%           100%     150%                  Bersih           Portfolio Category
                                                                                                                                                                                               Lainnya
                                                                                                                                                                                                          Total Net
                                                                                                                                                                                                         Receivables
                                                                              Indonesia                                 -         -         -         -              -            -        -         -            -                                 Indonesia

                                                                              Tagihan kepada Pemerintah dan                                                                                                               Claims against Government and
                                                                                                                  599,025         -         -         -              -            -        -         -      599,025
                                                                              Bank Sentral                                                                                                                                                  Central Bank
                                                                                                                                                                                                                                                                    Capital Structure and Risk Management




                                                                              Tagihan kepada Entitas Sektor                                                                                                                   Claims against Public Sector
                                                                                                                                                                                                                                                                    Struktur Permodalan dan Manajemen Risiko




                                                                                                                        -         -         -         -              -            -        -         -            -
                                                                              Publik                                                                                                                                                              Entities

                                                                              Tagihan kepada Bank                                                                                                                              Claims against Multilateral
                                                                              Pembangunan Multilateral dan              -         -         -         -              -            -        -         -            -               Development Banks and
                                                                              Lembaga Internasional                                                                                                                              International Institutions

                                                                              Tagihan kepada Bank Lain                  -         -   240,859         -              -            -        -         -     240,859          Receivables from Other Banks

                                                                                                                                                                                                                       Receivables in the form of Covered
                                                                              Tagihan berupa Covered Bond
                                                                                                                                                                                                                                                    Bond

                                                                              Tagihan kepada Perusahaan Efek                                                                                                                 Receivables from Securities
                                                                              dan Lembaga Jasa Keuangan                                                                                                                   Companies and Other Financial




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              Lainnya                                                                                                                                               Services Institutions

                                                                                                                                                                                                                               Receivables in the form of
                                                                              Tagihan berupa Surat Berharga/
                                                                                                                                                                                                                                Subordinated Securities/
                                                                              Piutang Subordinasi, Ekuitas, dan         -         -         -         -              -            -        -         -            -
                                                                                                                                                                                                                            Receivables, Equity and Other
                                                                              Instrumen Modal Lainnya
                                                                                                                                                                                                                                     Capital Instruments

                                                                              Kredit Beragunan Properti Rumah                                                                                                          Residential Property Collateralized
                                                                              Tinggal                                                                                                                                                               Loans

                                                                              Kredit Beragunan Properti                                                                                                                               Commercial Property
                                                                              Komersial                                                                                                                                                Collateralized Loans

                                                                              Kredit untuk Pengadaan Tanah,                                                                                                               Loan by Land Acquisition, Land
                                                                              Pengolahan Tanah, dan Konstruksi                                                                                                              Processing, and Construction

                                                                              Kredit Pegawai/Pensiunan                                                                                                                       Employee/Retirement Loans

                                                                              Tagihan kepada Korporasi                  -         -         -         -              -            -        -         -            -        Receivables from Corporations
Page 393
                                                                                                                                                                       31 Desember 2022
                                                                                        Bobot Risiko                                                                   31 Desember 2022                                                    Risk Weight
                                                                                                                        a               b           c         d               e            f        g         h            i

                                                                                                                                                                                                                         Total
                                                                                                                                                                                                                        Tagihan
                                                                                                                                                                                                            Lainnya
                                                                                      Kategori Potofolio               0%             10%          20%       50%            75%           100%     150%                  Bersih        Portfolio Category
                                                                                                                                                                                                            Lainnya
                                                                                                                                                                                                                       Total Net
                                                                                                                                                                                                                      Receivables
                                                                                                                                                                                                                                    Receivables from Microbusiness,
                                                                              Tagihan Kepada Usaha Mikro,
                                                                                                                            -               -            -         -              -            -        -         -            -          Small Business, and Retail
                                                                              Usaha Kecil, dan Portofolio Ritel
                                                                                                                                                                                                                                                           Portfolio

                                                                              Tagihan yang Telah Jatuh Tempo                                                                                                                                       Due Receivables

                                                                              Aset lainnya                                  -               -            -         -              -            -        -         -            -                       Other Assets

                                                                              Total                                  599,025                -     240,859          -              -            -        -         -     839,885                               Total


                                                                             Tabel Pengungkapan Tagihan Bersih Derivatif Kredit (CCR6)
                                                                             Table of Disclosure of Net Receivables of Credit Derivative (CCR6)
                                                                             Bank tidak memiliki eksposur Derivatif Kredit (CCR6)
                                                                             The Bank has no Credit Derivative exposure (CCR6)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
391
Page 394
                                                                              Tabel Eksposur Sekuritisasi pada Banking Book (Tabel SEC1)




392
                                                                              Disclosure of Security Exposures in the Banking Book (Tabel SEC1)
                                                                                                                                                                                                                                                            (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                              31 Desember 2023
                                                                                                                                                                              31 Desember 2023

                                                                                                                       a                 b               c           e                f             g             i                 j               k
                                                                               No     Kategori Portofolio                      Bank sebagai originator                       Bank sebagai sponsor                         Bank sebagai investor                       Portofolio Category
                                                                                                                                 Bank as Originator                            Bank as Sponsor                              Bank as Investor

                                                                                                                   Traditional        Sintetis                   Traditional       Sintetis                  Traditional        Sintetis
                                                                                                                                                    Sub-total                                    Sub-total                                    Sub-total
                                                                                                                   Traditional       Synthetic                   Traditional      Synthetic                  Traditional       Synthetic
                                                                                                                                                                                                                                                                         Retail (Total) - Among
                                                                                1.   Retail (total) –antara lain           -                 -               -           -                -             -      8,593                    -         8,593                                   Others
                                                                                                                                                                                                                                                                                                        Capital Structure and Risk Management




                                                                                2.      Kredit perumahan                   -                 -               -           -                -             -      8,593                    -         8,593                       Housing Loans
                                                                                                                                                                                                                                                                                                        Struktur Permodalan dan Manajemen Risiko




                                                                                3.      Kartu kredit                       -                 -               -           -                -             -             -                 -               -                        Credit Cards

                                                                                                                                                                                                                                                                                 Other Retail
                                                                                4.      Eksposur ritel lainnya             -                 -               -           -                -             -             -                 -               -                         Exposures

                                                                                5.      Re-sekuritisasi                    -                 -               -           -                -             -             -                 -               -                  Re-Securitization

                                                                                     Non-retail (total) – antara                                                                                                                                                            Non-Retail (Total) -
                                                                                6.                                         -                 -               -           -                -             -             -                 -               -
                                                                                     lain                                                                                                                                                                                       Among Others

                                                                                7.      Kredit korporasi                   -                 -               -           -                -             -             -                 -               -                   Corporate Loans

                                                                                8.      Kredit komersil                    -                 -               -           -                -             -             -                 -               -                 Commercial Credit




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                                                                                                                                                                                          Rent and Accounts
                                                                                9.      Sewa dan piutang                   -                 -               -           -                -             -             -                 -               -                        Receivable

                                                                               10.      Non-retail lainnya                 -                 -               -           -                -             -             -                 -               -                  Other Non-Retail

                                                                               11.      Re-sekuritisasi                    -                 -               -           -                -             -             -                 -               -                  Re-Securitization
Page 395
                                                                                                                                                                                                                                                                  (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                    31 Desember 2022
                                                                                                                                                                                    31 Desember 2022

                                                                                                                       a                 b               c               e                   f             g                i                 j               k
                                                                              No      Kategori Portofolio                      Bank sebagai originator                             Bank sebagai sponsor                             Bank sebagai investor                   Portofolio Category
                                                                                                                                 Bank as Originator                                  Bank as Sponsor                                  Bank as Investor

                                                                                                                   Traditional        Sintetis                     Traditional            Sintetis                    Traditional         Sintetis
                                                                                                                                                    Sub-total                                           Sub-total                                         Sub-total
                                                                                                                   Traditional       Synthetic                     Traditional           Synthetic                    Traditional        Synthetic
                                                                                                                                                                                                                                                                               Retail (Total) - Among
                                                                               1.    Retail (total) –antara lain           -                 -               -               -                   -             -          22,015                  -         22,015
                                                                                                                                                                                                                                                                                                Others

                                                                               2.       Kredit perumahan                   -                 -               -               -                   -             -          22,015                  -         22,015                  Housing Loans

                                                                               3.       Kartu kredit                       -                 -               -               -                   -             -                -                 -               -                    Credit Cards

                                                                                                                                                                                                                                                                                       Other Retail
                                                                               4.       Eksposur ritel lainnya             -                 -               -               -                   -             -                -                 -               -
                                                                                                                                                                                                                                                                                        Exposures

                                                                               5.       Re-sekuritisasi                    -                 -               -               -                   -             -                -                 -               -              Re-Securitization

                                                                                     Non-retail (total) – antara                                                                                                                                                                  Non-Retail (Total) -
                                                                               6.                                          -                 -               -               -                   -             -                -                 -               -
                                                                                     lain                                                                                                                                                                                             Among Others

                                                                               7.       Kredit korporasi                   -                 -               -               -                   -             -                -                 -               -               Corporate Loans

                                                                               8.       Kredit komersil                    -                 -               -               -                   -             -                -                 -               -             Commercial Credit

                                                                                                                                                                                                                                                                                Rent and Accounts
                                                                               9.       Sewa dan piutang                   -                 -               -               -                   -             -                -                 -               -
                                                                                                                                                                                                                                                                                       Receivable

                                                                               10.      Non-retail lainnya                 -                 -               -               -                   -             -                -                 -               -              Other Non-Retail

                                                                               11.      Re-sekuritisasi                    -                 -               -               -                   -             -                -                 -               -              Re-Securitization



                                                                                                                                                                                  Analisis Kualitatif
                                                                                                                                                                                 Qualitative Analysis
                                                                                     Bank melakukan investasi pada pihak ketiga (produk EBA) yang mempunyai peringkat investment grade AAA s.d AA- sebagai upaya untuk mendiversifikasi risiko likuiditas (Liquidity Facility) dan return.
                                                                                                      Bank invests in third parties (ABS products) with investment grade ratings of AAA to AA- as an effort to diversify liquidity risk (Liquidity Facility) and returns.


                                                                             Tabel Eksposur Sekuritisasi pada Trading Book (Tabel SEC2)
                                                                             Table of Securitization Exposure in the Trading Book (Table SEC2)




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                             Bank tidak memiliki eksposur sekuritisasi pada trading book.
                                                                             The Bank has no securitization exposure in the trading book.




393
Page 396
394
                                                                              Tabel Eksposur Sekuritisasi pada Banking Book dan terkait Persyaratan Modalnya – Bank yang Bertindak Sebagai Originator atau Sponsor (SEC3)
                                                                              Table of Securitization Exposure in the Banking Book and related to its Capital Requirements – Bank Acting as Originator or Sponsor (SEC3)
                                                                              Bank tidak memiliki eksposur sekuritisasi pada Banking Book sebagai Originator atau Sponsor
                                                                              The Bank has no securitization exposure in the Banking Book as Originator or Sponsor.


                                                                              Tabel Eksposur Sekuritisasi pada Banking Book dan Persyaratan Modalnya – Bank yang Bertindak Sebagai Investor (SEC4)
                                                                              Table of Securitization Exposure in Banking Book and related to its Capital Requirements – Bank Acting as Investor (SEC4)                                                               (dalam jutaan rupiah / in million Rupiah)




                                                                                                                                                                                    31 Desember 2023
                                                                                                                                                                                    31 Desember 2023

                                                                                                            a             b          c           d             e        f       g         h         i        j       k        l           m        n         o        p           q
                                                                                                                                                                                                                                                                                                                  Capital Structure and Risk Management
                                                                                                                                                                                                                                                                                                                  Struktur Permodalan dan Manajemen Risiko




                                                                                                                                                                                Nilai eksposur                           ATMR
                                                                                                                               Nilai eksposur                              (berdasarkan regulatory              (berdasarkan regulatory
                                                                                                                         (berdasarkan Bobot Risiko)                               approach)                            approach)                       Capital charge after cap
                                                                                                                    Exposure Value (based on Risk Weight)                      Exposure Value                            ATMR
                                                                                          Kategori                                                                                                                                                                                           Portofolio
                                                                                No                                                                                     (based on Regulatory Approach)       (based on Regulatory Approach)
                                                                                         Portofolio                                                                                                                                                                                          Category
                                                                                                                                   >50%       >100%
                                                                                                                        >20%                                 1.250
                                                                                                         ≤20%                     to 100%    to <1.250
                                                                                                                       to 50%                                  %
                                                                                                         Bobot                     Bobot      % Bobot
                                                                                                                        Bobot                                Bobot
                                                                                                         Risiko                    Risiko      Risiko                  IRB     IRB       SA/                IRB     IRB       SA/                 IRB       IRB       SA/
                                                                                                                        Risiko                               Risiko                               1,250%                                1,250%                                  1,250%
                                                                                                         ≤20%                     >50% to    >100% to                  RBA     SFA      SSFA                RBA     SFA      SSFA                 RBA       SFA      SSFA
                                                                                                                      >20% to                               1,250%




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                                                          Risk                     100%      <1,250%
                                                                                                                      50% Risk                                Risk
                                                                                                        Weighted                    Risk        Risk
                                                                                                                      Weighted                              Weighted
                                                                                                                                  Weighted   Weighted

                                                                                1.    Total eksposur      8,593               -          -           -             -                -   8,593           -                -   1,719            -                  -   1,719            -     Total Exposure

                                                                                      Sekuritisasi                                                                                                                                                                                             Traditional
                                                                                2.                        8,593               -          -           -             -                -   8,593           -                -   1,719            -                  -   1,719            -      Securitization
                                                                                      tradisional

                                                                                      Dimana                                                                                                                                                                                                  In Which the
                                                                                3.    underlying          8,593               -          -           -             -                -   8,593           -                -   1,719            -                  -   1,719            -         Underlying
                                                                                      sekuritisasi                                                                                                                                                                                           Securitization

                                                                                4.       ritel            8,593               -          -           -             -                -   8,593           -                -   1,719            -                  -   1,719            -            Retail

                                                                                5.       non-ritel              -             -          -           -             -                -         -         -                -          -         -                  -          -         -      Non-Retail

                                                                                      Dimana re-                                                                                                                                                                                              In Which Re-
                                                                                6.                              -             -          -           -             -                -         -         -                -          -         -                  -          -         -      Securitization
                                                                                      sekuritisasi
Page 397
                                                                                                                                                                              31 Desember 2023
                                                                                                                                                                              31 Desember 2023

                                                                                                      a             b          c           d             e        f       g        h         i        j       k        l           m        n         o        p           q

                                                                                                                                                                          Nilai eksposur                          ATMR
                                                                                                                         Nilai eksposur                              (berdasarkan regulatory             (berdasarkan regulatory
                                                                                                                   (berdasarkan Bobot Risiko)                               approach)                           approach)                       Capital charge after cap
                                                                                                              Exposure Value (based on Risk Weight)                      Exposure Value                           ATMR
                                                                                       Kategori                                                                                                                                                                                    Portofolio
                                                                             No                                                                                  (based on Regulatory Approach)      (based on Regulatory Approach)
                                                                                      Portofolio                                                                                                                                                                                   Category
                                                                                                                             >50%       >100%
                                                                                                                  >20%                                 1.250
                                                                                                    ≤20%                    to 100%    to <1.250
                                                                                                                 to 50%                                  %
                                                                                                    Bobot                    Bobot      % Bobot
                                                                                                                  Bobot                                Bobot
                                                                                                    Risiko                   Risiko      Risiko                  IRB     IRB       SA/               IRB     IRB       SA/                 IRB       IRB       SA/
                                                                                                                  Risiko                               Risiko                              1,250%                                1,250%                                  1,250%
                                                                                                    ≤20%                    >50% to    >100% to                  RBA     SFA      SSFA               RBA     SFA      SSFA                 RBA       SFA      SSFA
                                                                                                                >20% to                               1,250%
                                                                                                     Risk                    100%      <1,250%
                                                                                                                50% Risk                                Risk
                                                                                                   Weighted                   Risk        Risk
                                                                                                                Weighted                              Weighted
                                                                                                                            Weighted   Weighted

                                                                             7.       Senior              -             -          -           -             -                -        -         -                -          -         -                  -          -         -       Senior

                                                                             8.       Non-senior          -             -          -           -             -                -        -         -                -          -         -                  -          -         -   Non-Senior

                                                                                   Sekuritisasi                                                                                                                                                                                        Synthetic
                                                                             9.                           -             -          -           -             -                -        -         -                -          -         -                  -          -         -   Securitization
                                                                                   sintetis

                                                                                   Dimana                                                                                                                                                                                           In Which the
                                                                             10.   underlying             -             -          -           -             -                -        -         -                -          -         -                  -          -         -      Underlying
                                                                                   sekuritisasi                                                                                                                                                                                    Securitization

                                                                             11.      ritel               -             -          -           -             -                -        -         -                -          -         -                  -          -         -        Retail

                                                                             12.      non-ritel           -             -          -           -             -                -        -         -                -          -         -                  -          -         -   Non-Retail

                                                                                   Dimana re-                                                                                                                                                                                       In Which Re-
                                                                             13.                          -             -          -           -             -                -        -         -                -          -         -                  -          -         -   Securitization
                                                                                   sekuritisasi

                                                                             14.      Senior              -             -          -           -             -                -        -         -                -          -         -                  -          -         -       Senior

                                                                             15.      Non-senior          -             -          -           -             -                -        -         -                -          -         -                  -          -         -   Non-Senior




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
395
Page 398
                                                                                                                                                                                                                                                                     (dalam jutaan rupiah / in million Rupiah)




396
                                                                                                                                                                               31 Desember 2022
                                                                                                                                                                               31 Desember 2022

                                                                                                       a             b           c          d             e        f       g          h          i        j       k         l           m        n         o         p           q

                                                                                                                                                                           Nilai eksposur                             ATMR
                                                                                                                          Nilai eksposur                              (berdasarkan regulatory                (berdasarkan regulatory
                                                                                                                    (berdasarkan Bobot Risiko)                               approach)                              approach)                        Capital charge after cap
                                                                                                               Exposure Value (based on Risk Weight)                      Exposure Value                              ATMR
                                                                                       Kategori                                                                                                                                                                                             Portofolio
                                                                              No                                                                                  (based on Regulatory Approach)         (based on Regulatory Approach)
                                                                                      Portofolio                                                                                                                                                                                            Category
                                                                                                                               >50%       >100%
                                                                                                                   >20%
                                                                                                     ≤20%                     to 100%    to <1.250     1.250 %
                                                                                                                  to 50%
                                                                                                     Bobot                     Bobot      % Bobot       Bobot
                                                                                                                                                                                                                                                                                                                 Capital Structure and Risk Management




                                                                                                                   Bobot
                                                                                                     Risiko                    Risiko      Risiko       Risiko    IRB     IRB        SA/                 IRB     IRB        SA/                 IRB       IRB        SA/
                                                                                                                   Risiko                                                                      1,250%                                 1,250%                                   1,250%
                                                                                                                                                                                                                                                                                                                 Struktur Permodalan dan Manajemen Risiko




                                                                                                     ≤20%                      >50%      >100% to      1,250%     RBA     SFA       SSFA                 RBA     SFA       SSFA                 RBA       SFA       SSFA
                                                                                                                 >20% to
                                                                                                      Risk                    to 100%    <1,250%         Risk
                                                                                                                 50% Risk
                                                                                                    Weighted                    Risk        Risk       Weighted
                                                                                                                 Weighted
                                                                                                                              Weighted   Weighted


                                                                              1.   Total eksposur     22,015              -          -           -            -                 -                    -                 -   4,403            -                   -   4,403            -     Total Exposure
                                                                                                                                                                                    22,015

                                                                                   Sekuritisasi                                                                                                                                                                                               Traditional
                                                                              2.                      22,015              -          -           -            -                 -                    -                 -   4,403            -                   -   4,403            -      Securitization
                                                                                   tradisional                                                                                      22,015

                                                                                   Dimana                                                                                                                                                                                                    In Which the




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              3.   underlying         22,015              -          -           -            -                 -                    -                 -   4,403            -                   -   4,403            -         Underlying
                                                                                                                                                                                    22,015                                                                                                  Securitization
                                                                                   sekuritisasi


                                                                              4.      ritel           22,015              -          -           -            -                 -                    -                 -   4,403            -                   -   4,403            -            Retail
                                                                                                                                                                                    22,015

                                                                              5.      non-ritel            -              -          -           -            -                 -          -         -                 -          -         -                   -          -         -      Non-Retail

                                                                                   Dimana re-                                                                                                                                                                                                In Which Re-
                                                                              6.                           -              -          -           -            -                 -          -         -                 -          -         -                   -          -         -      Securitization
                                                                                   sekuritisasi

                                                                              7.      Senior               -              -          -           -            -                 -          -         -                 -          -         -                   -          -         -           Senior
Page 399
                                                                                                                                                                                31 Desember 2022
                                                                                                                                                                                31 Desember 2022

                                                                                                         a            b           c          d             e        f       g         h           i        j       k         l           m        n         o         p           q

                                                                                                                                                                            Nilai eksposur                             ATMR
                                                                                                                           Nilai eksposur                              (berdasarkan regulatory                (berdasarkan regulatory
                                                                                                                     (berdasarkan Bobot Risiko)                               approach)                              approach)                        Capital charge after cap
                                                                                                                Exposure Value (based on Risk Weight)                      Exposure Value                              ATMR
                                                                                       Kategori                                                                                                                                                                                           Portofolio
                                                                             No                                                                                    (based on Regulatory Approach)         (based on Regulatory Approach)
                                                                                      Portofolio                                                                                                                                                                                          Category
                                                                                                                                >50%       >100%
                                                                                                                    >20%
                                                                                                      ≤20%                     to 100%    to <1.250     1.250 %
                                                                                                                   to 50%
                                                                                                      Bobot                     Bobot      % Bobot       Bobot
                                                                                                                    Bobot
                                                                                                      Risiko                    Risiko      Risiko       Risiko    IRB     IRB        SA/                 IRB     IRB        SA/                 IRB       IRB        SA/
                                                                                                                    Risiko                                                                      1,250%                                 1,250%                                   1,250%
                                                                                                      ≤20%                      >50%      >100% to      1,250%     RBA     SFA       SSFA                 RBA     SFA       SSFA                 RBA       SFA       SSFA
                                                                                                                  >20% to
                                                                                                       Risk                    to 100%    <1,250%         Risk
                                                                                                                  50% Risk
                                                                                                     Weighted                    Risk        Risk       Weighted
                                                                                                                  Weighted
                                                                                                                               Weighted   Weighted

                                                                              8.      Non-senior              -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -   Non-Senior

                                                                                   Sekuritisasi                                                                                                                                                                                               Synthetic
                                                                              9.                              -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -   Securitization
                                                                                   sintetis

                                                                                   Dimana                                                                                                                                                                                                  In Which the
                                                                             10.   underlying                 -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -      Underlying
                                                                                   sekuritisasi                                                                                                                                                                                           Securitization

                                                                             11.      ritel                   -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -        Retail

                                                                             12.      non-ritel               -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -   Non-Retail

                                                                                   Dimana re-                                                                                                                                                                                              In Which Re-
                                                                             13.                              -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -   Securitization
                                                                                   sekuritisasi

                                                                             14.      Senior                  -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -       Senior

                                                                             15.      Non-senior              -            -          -           -            -                 -          -         -                 -          -         -                   -          -         -   Non-Senior



                                                                                                                                                                          Analisis Kualitatif
                                                                                                                                                                         Qualitative Analysis




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
                                                                             Untuk eksposur sekuritisasi pada banking book, perhitungan ATMR risiko kredit dilakukan dengan menggunakan pendekatan standar (standardized approach), dimana sekuritisasi tersebut memiliki investment grade
                                                                                                                                                        AAA s.d AA- yang memiliki bobot 20% pada perhitungan ATMR.
                                                                                For securitization exposure in the banking book, credit risk RWA is calculated by using a standardized approach, in which the securitization has investment grade of AAA to AA- with a 20% weight in RWA
                                                                                                                                                                                calculation.




397
Page 400
                                                                              Tabel Pengungkapan Risiko Pasar Dengan Menggunakan Metode Standar




398
                                                                              Table of Disclosure of Market Risk Using Standardized Method                                                                                                                  (dalam jutaan rupiah / in million Rupiah)



                                                                                                                                               31 Desember 2023                                                  31 Desember 2022
                                                                                                                                               31 Desember 2023                                                  31 Desember 2022

                                                                                                                                     Individual                      Konsolidasi                       Individual                      Konsolidasi
                                                                                                                                    Individually                     Consolidate                      Individually                     Consolidate
                                                                               No.               Jenis Risiko                                                                                                                                                         Type of Risk
                                                                                                                           Beban                              Beban                           Beban                             Beban
                                                                                                                           Modal                              Modal                           Modal                             Modal
                                                                                                                                              ATMR                            ATMR                              ATMR                            ATMR
                                                                                                                           Capital                            Capital                         Capital                           Capital
                                                                                                                          Expenses                           Expenses                        Expenses                          Expenses
                                                                                (1)                       (2)                 (3)                  (4)         (5)                 (6)          (7)                  (8)         (9)             (10)
                                                                                1.    Risiko Suku Bunga                     53,756           671,954                 -                   -    37,764           472,052                                                        Interest Rate Risk
                                                                                                                                                                                                                                                                                                        Capital Structure and Risk Management




                                                                                      a. Risiko Spesifik                    49,037           612,958                 -                   -     30,356           379,446                                                          a. Specific Risk
                                                                                                                                                                                                                                                                                                        Struktur Permodalan dan Manajemen Risiko




                                                                                      b. Risiko Umum                         4,720            58,996                 -                   -      7,408            92,606                                                          b. General Risk

                                                                                2.    Risiko Nilai Tukar                     1,053            13,165                 -                   -       486                 6,079                                                  Exchange Rate Risk

                                                                                3.    Risiko Ekuitas *)                                                                                                                                                                             Equity Risk*)

                                                                                4.    Risiko Komoditas *)                                                                                                                                                                     Commodity Risk*)

                                                                                5.    Risiko Option                                 -                    -           -                   -            -                    -            -               -                            Option Risk

                                                                                      Total                                 54,810           685,119                 -                   -    38,250           478,131                                                                      Total




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              Tabel Interest Rate Risk in Banking Book - Laporan Penerapan Manajemen Risiko untuk IRRBB
                                                                              Table of Interest Rate Risk in the Banking Book - Report on Risk Management Implementation for IRRBB
                                                                              Bank berada dalam Buku 2 (Kelompok Bank Modal Inti/KBMI 1, berdasarkan Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021) dan tidak memenuhi kriteria untuk mengungkapkan laporan
                                                                              perhitungan Interest Rate Risk in Banking Book (IRRBB) sesuai Surat Edaran Otoritas Jasa Keuangan No. 12/SEOJK.03/2018 tanggal 21 Agustus 2018 tentang Penerapan Manajemen Risiko dan
                                                                              Pengukuran Risiko Pendekatan Standar Untuk Risiko Suku Bunga dalam Banking Book (IRRBB) Bagi Bank Umum. Dalam hal mengendalikan risiko suku bunga pada banking book, Bank menggunakan
                                                                              analisa sensitivitas berdasarkan maturity gap yang disusun dalam rangka pemenuhan ketentuan mengenai penilaian tingkat kesehatan Bank Umum dan penerapan manajemen risiko bagi Bank
                                                                              Umum. Parameter tersebut dapat memberikan indikasi atas risiko terhadap perspektif nilai ekonomis dan perspektif pendapatan Bank yang timbul dari pergerakan skenario suku bunga dalam
                                                                              kondisi shock yang mempengaruhi posisi banking book pada Bank.
                                                                              The Bank is in BUKU 2 group (Core Capital Bank Group/KBMI 1, based on Financial Services Authority Regulation No. 12/POJK.03/2021) and does not meet the criteria for disclosing a report on the
                                                                              calculation of Interest Rate Risk in Banking Book (IRRBB) according to Financial Services Authority Circular No. 12/SEOJK.03/2018 dated 21 August 2018 on Implementation of Risk Management
                                                                              and Standard Approach for Risk Measurement for Interest Rate Risk in the Banking Book (IRRBB) for Commercial Banks. In terms of controlling interest rate risk in the banking book, the Bank
                                                                              uses a sensitivity analysis based on a maturity gap which is prepared in order to comply with the provisions on assessment of soundness level of Commercial Banks and the implementation of risk
                                                                              management for Commercial Banks. These parameters can provide an indication of risks to the economic value perspective and the Bank’s income perspective arising from fluctuations in interest
                                                                              rate scenarios under shock conditions that affect the banking book position at the Bank.
Page 401
                                                                             Tabel Interest Rate Risk in Banking Book - Laporan Perhitungan IRRBB
                                                                             Table of Interest Rate Risk in Banking Book - IRRBB Calculation Report
                                                                             Bank kelompok BUKU 2 (Kelompok Bank Modal Inti/KBMI 1, berdasarkan Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021) dan tidak mengungkapkan laporan perhitungan Interest Rate Risk
                                                                             in Banking Book (IRRBB) sebagaimana diatur didalam Surat Edaran Otoritas Jasa Keuangan No. 12/SEOJK.03/2018
                                                                             The Bank is in BUKU 2 group (Core Capital Bank Group/KBMI 1, based on Financial Services Authority Regulation No. 12/POJK.03/2021) and does not report the calculation of Interest Rate Risk in
                                                                             Banking Book (IRRBB) as stipulated in the Financial Services Authority Circular No. 12/SEOJK.03/2018.


                                                                             Tabel Risiko Likuiditas - Laporan Perhitungan Rasio Kecukupan Likuiditas (LCR)
                                                                             Table of Liquidity Risk - Liquidity Adequacy Ratio (LCR) Calculation Report
                                                                             Bank kelompok BUKU 2 (Kelompok Bank Modal Inti/KBMI 1, berdasarkan Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021) dan tidak mengungkapkan laporan perhitungan rasio kecukupan
                                                                             Liquidity Covered Ratio (LCR) sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan No. 42/POJK.03/2015 tentang Kewajiban Pemenuhan Rasio Kecukupan Likuiditas bagi Bank Umum.
                                                                             The Bank is in BUKU 2 group (Core Capital Bank Group/KBMI 1, based on Financial Services Authority Regulation No. 12/POJK.03/2021) and does not report the calculation of adequacy of Liquidity
                                                                             Covered Ratio (LCR) as stipulated in the Financial Services Authority Regulation No. 42/POJK.03/2015 on the Obligation to Fulfill the Liquidity Adequacy Ratio for Commercial Banks.


                                                                             Tabel Risiko Likuiditas - Laporan NSFR
                                                                             Table of Liquidity Risk - NSFR Report
                                                                             Bank kelompok BUKU 2 (Kelompok Bank Modal Inti/KBMI 1, berdasarkan Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021) dan tidak mengungkapkan laporan Nett Stable Funding Ratio
                                                                             (NSFR) sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan No. 50/POJK.03/2017 tentang Kewajiban Pemenuhan Rasio Pendanaan Stabil Bersih bagi Bank Umum.
                                                                             The Bank is in BUKU 2 group (Core Capital Bank Group/KBMI 1, based on Financial Services Authority Regulation No. 12/POJK.03/2021) and does not report the Net Stable Funding Ratio (NSFR) as
                                                                             stipulated in the Financial Services Authority Regulation No. 50/POJK.03/2017 on the Obligation to Fulfill Net Stable Funding Ratio for Commercial Banks.


                                                                             Tabel Risiko Likuiditas - Aset Terikat (Encumbrance) (ENC)
                                                                             Table of Liquidity Risk - Encumbrance (ENC)
                                                                             Bank kelompok BUKU 2 (Kelompok Bank Modal Inti/KBMI 1, berdasarkan Peraturan Otoritas Jasa Keuangan No. 12/POJK.03/2021) dan tidak mengungkapkan Aset Terikat (Encumbrance)
                                                                             sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan No. 42/POJK.03/2015 tentang Kewajiban Pemenuhan Rasio Kecukupan Likuiditas bagi Bank Umum.
                                                                             The Bank is in BUKU 2 group (Core Capital Bank Group/KBMI 1, based on Financial Services Authority Regulation No. 12/POJK.03/2021) and does not disclose Encumbrance as stipulated in the
                                                                             Financial Services Authority Regulation No. 42/POJK.03/2015 on the Obligation to Fulfill the Liquidity Adequacy Ratio for Commercial Banks.




2023 Annual and Sustainability Report | PT Bank Victoria International Tbk
399
Page 402
                                                                              Tabel Pengungkapan Risiko Operasional




400
                                                                              Table of Disclosure of Operational Risk

                                                                              Tabel Pengungkapan Kuantitatif Risiko Operasional - Bank secara Individual
                                                                              Table of Disclosure of Operational Risk Quantitative - Bank Individually
                                                                                                                                                                                                                                                (dalam jutaan rupiah / in million Rupiah)


                                                                                                                                                                                31 Desember 2023
                                                                                                                                                                                31 December 2023
                                                                               No.                        Pendekatan yang Digunakan                                                                                                  Approach Used
                                                                                                                                                                                      Jumlah
                                                                                                                                                                                       Total
                                                                                      Pendekatan Standar                                                                                                                                                   Standardized Approach

                                                                                         Komponen Indikator Bisnis (KIB)                                                         117,338,587,298                                          Business Indicator Components (KIB)

                                                                                1.       Faktor Pengali Kerugian Internal (FPKI)                                                                                                          Internal Loss Multiplier Factor (FPKI)
                                                                                                                                                                                                                                                                                            Capital Structure and Risk Management




                                                                                                                                                                                               1

                                                                                         Modal Minimum Risiko Operasional (MMRO)                                                                                                     Operational Risk Minimum Capital (MMRO)
                                                                                                                                                                                                                                                                                            Struktur Permodalan dan Manajemen Risiko




                                                                                                                                                                                 117,338,587,298

                                                                                         ATMR untuk Risiko Operasional                                                          1,466,732,341,225                                                     RWA for Operational Risk


                                                                              Tabel Pengungkapan Kuantitatif Risiko Operasional - Bank secara Konsolidasi dengan Entitas Anak
                                                                              Table of Disclosure of Operational Risk Quantitative - Bank Consolidated with Subsidiaries


                                                                              Bank tidak memiliki eksposur risiko operasional secara konsolidasi karena berdasarkan Surat OJK No. S-301/PB.101/2022 Perihal Penyampaian Keputusan Izin Pengambilalihan Saham PT Bank
                                                                              Victoria Syariah oleh PT Victoria Investama Tbk. dan Surat Direksi No. 133/DIR-EKS/12/22 Perihal Laporan Pelaksanaan Divestasi Atas Inisiatif Sendiri PT Bank Victoria International Tbk (Bank),
                                                                              maka dengan demikian PT Bank Victoria Syariah tidak lagi menjadi entitas anak PT Bank Victoria International Tbk




PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
                                                                              The Bank has no operational risk exposure on a consolidated basis due to based on OJK Financial Services Authority Letter No. S-301/PB.101/2022 on Submission of the Decision on Permit to the
                                                                              Acquisition of PT Bank Victoria Syariah’s Shares by PT Victoria Investama Tbk and Board of Directors’ Letter No. 133/DIR-EKS/12/22 on the Divestment Implementation Report on PT Bank Victoria
                                                                              International Tbk’s (Bank) Self Initiative, therefore, PT Bank Victoria Syariah is no longer a subsidiary of PT Bank Victoria International TbkW
Page 403
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   401
Page 404
      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




                       TANGGUNG
                       JAWAB SOSIAL DAN
                       LINGKUNGAN HIDUP
                       Social and Environmental Responsibility




402       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 405
2023 Annual and Sustainability Report | PT Bank Victoria International Tbk   403
Page 406
      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Bank Victoria menyadari bahwa kesuksesan di industri perbankan             Bank Victoria realizes that the success in banking industry
tidak hanya bergantung pada manajemen dan operasional,                     depends not only on management and operations, but also
tetapi juga pada kontribusi terhadap pengembangan sosial,                  on contributions to social, community, and environmental
masyarakat, dan lingkungan. Oleh karenanya, Bank berkomitmen               development. Therefore, the Bank is committed to performing
untuk menjalankan kegiatan usaha dengan memprioritaskan                    business activities by prioritizing harmony between economic,
keselarasan antara aspek ekonomi, sosial, dan lingkungan.                  social, and environmental aspects. Through the implementation
Melalui pelaksanaan Program Tanggung Jawab Sosial dan                      of Social and Environmental Responsibility Program (TJSL), Bank
Lingkungan Hidup (TJSL), Bank Victoria berusaha mendukung                  Victoria seeks to support a stable, inclusive, and sustainable
pertumbuhan ekonomi yang stabil, inklusif, dan berkelanjutan.              economic growth.




Tata Kelola Keberlanjutan
Sustainability Governance

Bank secara konsisten menerapkan prinsip-prinsip GCG dalam                 The Bank consistently applies GCG principles in business activities
kegiatan usaha dengan berfokus pada manajemen risiko                       by focusing on risk management related to economic, social, and
terkait aspek ekonomi, sosial, dan lingkungan. Implementasi                environmental aspects. GCG is implemented through various
GCG dilakukan melalui berbagai program yang sesuai dengan                  programs that comply with the applicable laws and regulations,
peraturan dan undang-undang yang berlaku, serta mengikuti                  and follow the standard best practices in Sustainability Report.
standard best practices dalam Laporan Keberlanjutan.


Penerapan GCG Bank mengacu pada 7 (tujuh) subjek inti ISO                  The Bank’s GCG implementation refers to the 7 (seven)
26000 tentang Guidance Standard on Social Responsibility, yaitu:           core subjects of ISO 26000 on Guidance Standard on Social
                                                                           Responsibility, namely:
1.   Tata kelola organisasi;                                               1. Organizational governance;
2.   Isu produk dan pelanggan;                                             2. Products and customers issues;
3.   Pemenuhan hak asasi manusia;                                          3. Fulfillment human rights;
4.   Praktik ketenagakerjaan, kesehatan, dan keselamatan kerja;            4. Practices of employment, occupational health and safety;
5.   Lingkungan hidup;                                                     5. Environment;
6.   Prosedur operasi yang adil; dan                                       6. Fair operating procedures; and
7.   Perlibatan dan pengembangan masyarakat.                               7. Community engagement and development.


Dalam upaya menerapkan GCG, Bank juga melakukan internalisasi              To implement GCG, the Bank also internalizes the principles of
prinsip-prinsip keuangan berkelanjutan ke seluruh aspek kegiatan           sustainable finance in all business aspects which are described
bisnis yang diuraikan sebagai berikut:                                     as follows:


 Prinsip Keuangan Berkelanjutan                                                Implementasi di Bank
  Sustainable Finance Principles                                            Implementation at the Bank
 Investasi Bertanggung Jawab           Keputusan investasi Bank mempertimbangkan faktor ekonomi, sosial, lingkungan hidup, dan tata kelola agar
 Responsible Investment                dapat mengelola risiko secara lebih baik dan menghasilkan keuntungan jangka panjang yang berkelanjutan.
                                       The Bank’s investment decisions consider the economic, social, environmental, and governance factors in
                                       order to manage the risks better and generate long-term, sustainable returns.

 Strategi dan Praktik Bisnis           Bank berfokus pada pencapaian tujuan jangka panjang dan menetapkan strategi jangka pendek untuk
 Berkelanjutan                         mencapainya.
 Sustainable Business Strategies and   The Bank focuses on achieving long-term goals and setting short-term strategies to achieve them.
 Practices




404        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 407
 Prinsip Keuangan Berkelanjutan                                                 Implementasi di Bank
  Sustainable Finance Principles                                             Implementation at the Bank

 Pengelolaan Risiko Sosial dan         Bank menerapkan prinsip kehati-hatian dalam mengukur risiko sosial dan lingkungan hidup dari aktivitas
 Lingkungan Hidup                      penghimpunan dan penyaluran dana.
 Social and Environmental Risk         The Bank applies the prudence principle in measuring social and environmental risks from the funding and
 Management                            lending activities.

 Tata Kelola                           Manajemen dan seluruh aktivitas operasi Bank menerapkan pilar governansi korporat, yaitu perilaku beretika,
 Governance                            akuntabilitas, transparansi, dan keberlanjutan secara konsisten.
                                       The Management and all of the Bank’s operational activities consistently apply the corporate governance
                                       pillars, namely ethical behavior, accountability, transparency, and sustainability.

 Komunikasi yang Informatif            Bank menyediakan laporan yang informatif, mencakup strategi, tata kelola, kinerja, dan prospek ke depan.
 Informative Communication             The Bank provides informative reports, covering strategy, governance, performance, and prospects.

 Inklusif                              Bank berupaya menjamin ketersediaan dan keterjangkauan produk dan jasa sehingga dapat diakses oleh
 Inclusive                             seluruh lapisan masyarakat, bahkan termasuk yang belum memiliki akses terhadap produk dan jasa perbankan.
                                       The Bank strives to ensure the availability and affordability of products and services so that they can be
                                       accessed by all levels of community, including those who do not have access to banking products and services.

 Pengembangan Sektor Unggulan          Bank mempertimbangkan sektor-sektor unggulan prioritas yang telah ditetapkan oleh pemerintah melalui
 Prioritas                             Rencana Pembangunan Jangka Menengah (RPJM) dan Rencana Pembangunan Jangka Panjang (RPJP).
 Priority Leading Sector Development   The Bank considers the priority leading sectors that have been determined by the government through the
                                       Medium-Term Development Plan (RPJM) and the Long-Term Development Plan (RPJP).

 Koordinasi dan Kolaborasi             Dalam rangka menyelaraskan kebijakan, strategi, peluang bisnis, dan inovasi produk dan jasa dengan
 Coordination and Collaboration        kepentingan nasional, Bank berpartisipasi dalam forum/kegiatan/kerja sama terkait keuangan berkelanjutan,
                                       baik pada tingkat lokal, nasional, maupun regional.
                                       To align policies, strategies, business opportunities, and innovation of products and services with national
                                       interests, the Bank participates in forums/activities/cooperations related to sustainable finance, at local,
                                       national, or regional levels.




Struktur Tata Kelola Keberlanjutan [POJK E.1]                               Sustainable Governance Structure [POJK E.1]

Penerapan prinsip keuangan berkelanjutan di Bank Victoria                   The application of sustainable finance principles at Bank Victoria
melibatkan berbagai pihak. Untuk memastikan keberhasilan                    involves various parties. To ensure the successful implementation
penerapan prinsip keuangan berkelanjutan, Bank telah                        of sustainable finance principles, the Bank has established a
menetapkan struktur tata kelola keberlanjutan. Susunan struktur             sustainable governance structure. The composition of the Bank’s
tata kelola keberlanjutan Bank sama dengan struktur GCG Bank.               sustainability governance structure is the same as the Bank’s
                                                                            GCG structure.


Tugas dan tanggung jawab unit/divisi pelaksana penerapan                    The duties and responsibilities of the units/divisions executing
prinsip keuangan berkelanjutan di lingkungan kerja Bank Victoria            the implementation of sustainable finance principles within Bank
diuraikan sebagai berikut:                                                  Victoria’s work environment are described as follows:
1. Compliance & System Procedure bertugas mengawasi                         1. Compliance & System Procedure having the duty to supervise
    realisasi penyusunan standar operasional;                                   the realization of the preparation of operational standards;
2. Human Capital Management bertugas mengawasi                              2. Human Capital Management having the duty to supervise
    pelaksanaan pelatihan, khususnya terkait aspek keuangan                     training implementation, related to sustainable finance
    berkelanjutan yang dilaksanakan bagi karyawan Bank;                         aspects carried out for the Bank’s employees;
3. Credit Risk Review bertugas mengawasi penyaluran kredit                  3. Credit Risk Review having the duty to supervise financing
    kepada kegiatan usaha berwawasan lingkungan;                                distribution to environmentally friendly business activities;
4. Business Unit bertugas menyalurkan kredit kepada debitur-                4. Business Unit having the duty to distribute loans to debtors
    debitur yang termasuk kategori kegiatan usaha berwawasan                    categorized as environmentally friendly business activities;
    lingkungan;
5. Risk Management/Integrated bertugas memantau eksposur                    5. Risk Management/Integrated having the duty to monitor risk
    risiko yang terkait dengan keuangan berkelanjutan; dan                     exposure related to sustainable finance; and
6. Corporate Secretary bertugas mengonsolidasikan hasil                     6. Corporate Secretary having the duty to consolidate the
    pengawasan atau tinjauan yang telah dilakukan oleh masing-                 results of supervision or review conducted by each unit/
    masing unit/divisi.                                                        division.




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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Dalam       pelaksanaannya,       masing-masing       unit/divisi              In its implementation, each unit/division implements and
mengimplementasikan dan mengawasi penerapan prinsip                            monitors the implementation of sustainable finance principles.
keuangan berkelanjutan. Selanjutnya, hasil pengawasan                          Furthermore, the monitoring results are submitted to the
tersebut disampaikan kepada Divisi Corporate Secretary untuk                   Corporate Secretary Division to be followed up and consolidated
ditindaklanjuti dan dikonsolidasikan kepada Direktur Kepatuhan                 to the Director of Compliance and Risk Management. The
dan Manajemen Risiko. Direktur Kepatuhan dan Manajemen                         Director of Compliance and Risk Management will then submit
Risiko akan menyampaikan hasil tersebut kepada Direksi untuk                   the results to the Board of Directors for evaluation, in order for
dievaluasi sehingga penerapan keuangan berkelanjutan yang                      the implementation of sustainable finance to run more smoothly.
dilakukan berjalan semakin baik. Selain itu, Dewan Komisaris                   In addition, the Board of Commissioners’ role is to monitor the
berperan untuk mengawasi proses pengambilan keputusan,                         process of decision making, implementation, and achievement of
implementasi, serta pencapaian pelaksanaan RAKB.                               the RAKB implementation.



Pengembangan Kompetensi terkait                                                Competency Development Related to
Keuangan Berkelanjutan [POJK E.2]                                              Sustainable Finance [POJK E.2]

Karyawan Bank yang bertanggung jawab dalam penerapan                           The Bank employees responsible for implementing sustainable
keuangan berkelanjutan diikutsertakan dalam berbagai                           finance are enrolled in various competency development
program pengembangan kompetensi terkait penerapan prinsip                      programs related to the implementation of such principles.
tersebut. Program pengembangan kompetensi terkait keuangan                     The competency development programs related to sustainable
berkelanjutan yang diikuti karyawan Bank di sepanjang tahun                    finance that Bank employees participated throughout 2023 are
2023, diungkapkan sebagai berikut:                                             disclosed as follows:


       Jenjang Jabatan                                                  Materi Pelatihan dan Penyelenggara
       Level of Position                                                 Training Materials and Organizers
 Dewan Komisaris                     Training Keuangan Berkelanjutan: Integrasi Govenance,     Sustainable Finance Training: Integration of Governance,
 Board of Commissioners              Risk Management, and Compliance dalam Penerapan           Risk Management, and Compliance in the Implementation
                                     Environmental, Social, and Governance (oleh Bank          of Environmental, Social, and Governance (by Bank
                                     Victoria, Lembaga Pengembangan Perbankan Indonesia,       Victoria, Indonesian Banking Development Institute, and
                                     dan Otoritas Jasa Keuangan Institute).                    Financial Services Authority Institute).

 Direksi                             1. Training      Keuangan Berkelanjutan:   Integrasi      1. Sustainable Finance Training: Integration of
 Board of Directors                     Govenance, Risk Management, and Compliance dalam          Governance, Risk Management, and Compliance in
                                        Penerapan Environmental, Social, and Governance           the Implementation of Environmental, Social, and
                                        (oleh Bank Victoria, Lembaga Pengembangan                 Governance (by Bank Victoria, Indonesian Banking
                                        Perbankan Indonesia, dan Otoritas Jasa Keuangan           Development Institute, and Financial Services
                                        Institute); dan                                           Authority Institute).
                                     2. Managing Environmental, Social and Governance          2. Managing Environmental, Social and Governance
                                        Risks and Opportunities (oleh Otoritas Jasa Keuangan      Risks, and Opportunities (by Otoritas Jasa Keuangan
                                        Institute).                                               Institute).

 Senior Executive Vice President     Training Keuangan Berkelanjutan: Integrasi Govenance,     Sustainable Finance Training: Integration of Governance,
                                     Risk Management, and Compliance dalam Penerapan           Risk Management, and Compliance in the Implementation
                                     Environmental, Social, and Governance (oleh Bank          of Environmental, Social, and Governance (by Bank
                                     Victoria, Lembaga Pengembangan Perbankan Indonesia,       Victoria, Indonesian Banking Development Institute, and
                                     dan Otoritas Jasa Keuangan Institute).                    Financial Services Authority Institute).

 Kepala Divisi/Wakil Kepala Divisi   Training Keuangan Berkelanjutan: Integrasi Govenance,     Sustainable Finance Training: Integration of Governance,
 Head of Division/Deputy Head        Risk Management, and Compliance dalam Penerapan           Risk Management, and Compliance in the Implementation
 of Division                         Environmental, Social, and Governance (oleh Bank          of Environmental, Social, and Governance (by Bank
                                     Victoria, Lembaga Pengembangan Perbankan Indonesia,       Victoria, Indonesian Banking Development Institute, and
                                     dan Otoritas Jasa Keuangan Institute).                    Financial Services Authority Institute).

 Officer                             Workshop Pilot Project Implementasi Taksonomi Hijau       Pilot Project Workshop on the Implementation of
                                     Indonesia (THI) Edisi 1.0 pada Pelaporan Bank melalui     Indonesian Green Taxonomy (THI) Edition 1.0 on
                                     Aplikasi Apolo Modul Laporan Keuangan (oleh Otoritas      Bank Reporting through Apolo Application Financial
                                     Jasa Keuangan).                                           Statements Module (by the Financial Services Authority).



Pencapaian dan Biaya Pengembangan                                              Achievements and Costs of Competency
Kompetensi terkait Keuangan Berkelanjutan                                      Development related to Sustainable Finance
Berikut informasi pencapaian dan biaya pengembangan                            Below is information on the achievements and costs of
kompetensi terkait keuangan berkelanjutan yang telah                           competency development related to sustainable finance that
dikeluarkan Bank selama 3 (tiga) tahun terakhir:                               have been issued by the Bank in the past 3 (three) years:




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                   Uraian                          2023                2022             2021                          Description
 Total Peserta (Orang)                                    43                  86          69          Total Participants (People)

 Biaya (Rp)                                     34,742,047         18,071,058               -         Cost (Rp)




Penilaian Risiko atas Penerapan Keuangan                                      Risk Assessment of Sustainable Finance
Berkelanjutan [POJK E.3]                                                      Implementation [POJK E.3]

Bank senantiasa mengevaluasi strategi manajemen risiko yang                   The Bank constantly evaluates the risk management strategy
diterapkan terhadap visi, misi, serta strategi keberlanjutan                  implemented against its vision, mission, and sustainability
yang dimiliki. Selain itu, Bank juga memperhatikan pencapaian                 strategy. In addition, the Bank also pays attention to the
target RAKB di tahun sebelumnya untuk dijadikan salah satu                    achievement of RAKB targets in the previous year to be used
pertimbangan dalam perumusan strategi manajemen risiko                        as one of the considerations in formulating a sustainable risk
keberlanjutan. Bank juga mempertimbangkan pencapaian target                   management strategy. The Bank also considers the achievement
RAKB di tahun sebelumnya dalam perumusan strategi manajemen                   of RAKB targets in the previous year in formulating its own
risiko keberlanjutan yang dimiliki. Upaya evaluasi dilakukan guna             sustainable risk management strategy. Evaluation efforts are
mewujudkan penerapan prinsip keuangan berkelanjutan yang                      carried out to realize the effective application of sustainable
efektif. Tidak hanya itu, manajemen risiko yang baik juga diperlukan          finance principles. Not only that, good risk management is also
guna menunjang transformasi digital yang memperhatikan prinsip                needed to support digital transformation with due observance to
kehati-hatian dan prinsip keuangan berkelanjutan.                             the principles of prudence and principles of sustainable finance.


Bank telah memiliki langkah-langkah mitigasi apabila terdapat                 The Bank already has mitigation measures in place if there are
pencapaian program yang tidak sesuai dengan target maupun lini                program achievements that do not align with the targets or
waktu yang ditetapkan dalam RAKB, yakni:                                      timeline determined in the RAKB, namely:
1. Melakukan evaluasi program keuangan berkelanjutan yang                     1. To evaluate sustainable finance programs that have been
   telah dilaksanakan;                                                            carried out;
2. Melakukan konsultasi dengan pihak eksternal terkait                        2. To consult external parties related to the constraints faced
   kendala-kendala yang dihadapi dan/atau dapat terjadi atas                      and/or that might happen due to the RAKB programs; and
   program RAKB; serta
3. Mengkaji ulang indikator kinerja yang digunakan untuk tahun-               3. To re-assess the performance indicators used in the following
   tahun berikutnya, berdasarkan realisasi program keuangan                      years, based on the realization of sustainable finance programs
   berkelanjutan yang telah dilaksanakan.                                        carried out.




Keberlanjutan Kinerja Ekonomi
Economic Performance Sustainability



Kinerja Operasional dan Keuangan                                              Operational and Financial Performance
[POJK F.2] [POJK F.3]                                                         [POJK F.2] [POJK F.3]


Keberlangsungan usaha Bank dapat diukur melalui pencapaian                    The Bank’s business sustainability can be measured
kinerja ekonomi yang melibatkan aspek operasional dan                         through the achievement of economic performance which
keuangan. Oleh karenanya, Bank terus berusaha menjaga                         involves operational and financial aspects. Therefore, the
dan meningkatkan kinerja operasional serta keuangan untuk                     Bank strives to maintain and improve the operational
mencapai target yang telah ditetapkan. Berikut informasi                      and financial performance to achieve the predetermined
pencapaian Bank Victoria dalam 3 (tiga) tahun terakhir:                       targets. Information about Bank Victoria’s achievements in
                                                                              the past 3 (three) years is as follows:




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       Tanggung Jawab Sosial dan Lingkungan Hidup
       Corporate Social and Environmental Responsibility




                                                                                                                                         (dalam juta Rupiah / in million Rupiah)


                                                               2023
                  Uraian                                              Realisasi                 2022*                 2021                      Description
                                                   Target
                                                                     Realization
 KINERJA KEUANGAN / FINANCIAL PERFORMANCE

 Total Aset                                         27,869                29,624                 25,932               23,660                                    Total Assets

 Total Liabilitas                                   23,956                25,799                 22,232               20,649                                Total Liabilities

 Total Ekuitas                                       3,913                 3,825                  3,700                3,011                                    Total Equity

 Pendapatan Bunga – Bersih                             601                  579                    699                  418                         Interest Income – Net

 Pendapatan (Beban) Operasional                                                                                                       Operating Income (Expenses) other
                                                       238                 (405)                   266                 (513)
 selain Bunga – Bersih                                                                                                                               than Interest – Net

 Laba (Rugi) Operasional                               285                  174                    414                  (95)              Income (Loss) from Operations

 Laba (Rugi) Tahun Berjalan                            166                  102                    226                 (119)                     Profit (Loss) for the Year

 KINERJA OPERASIONAL / OPERATIONAL PERFORMANCE

 Total Produk Simpanan                              21,050                22,429                 19,372               18,085                      Total Deposits Products

 Total Produk Pinjaman                              17,813                18,629                 15,825               14,683                          Total Loan Products

 Total Pembiayaan terhadap Kegiatan                                                                                                       Total Financing for Sustainable
                                                       + 50                 504                    444                  472
 Usaha Berkelanjutan (dalam miliar)                                                                                                         Business Activities (in billion)

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022. / * Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Nilai Ekonomi Langsung yang Dihasilkan dan                                                 Direct Economic Value Generated and
Didistribusikan                                                                            Distributed

Bank berkomitmen memberikan manfaat kepada pemangku                                        The Bank is committed to providing benefits to stakeholders
kepentingan melalui distribusi nilai ekonomi di setiap tahunnya.                           through the distribution of economic value annually. The
Berikut pencapaian dan distribusi nilai ekonomi langsung Bank                              following are the achievements and distribution of the Bank’s
dalam 3 (tiga) tahun terakhir:                                                             direct economic value in the past 3 (three) years:

                                                                                                                                         (dalam juta Rupiah / in million Rupiah)


                       Uraian                                  2023                 2022*                 2021*                            Description
 NILAI EKONOMI LANGSUNG YANG DIHASILKAN / DIRECT ECONOMIC VALUES GENERATED

 Penerimaan dari Pendapatan Bunga dan                                                                                        Receipt from Interest and Sharia Income and
                                                           1,866,455               1,585,072            1,402,170
 Syariah dan Komisi                                                                                                                                         Commissions

 Penerimaan dari Operasional Lainnya                          253,716               363,011               487,523                  Receipt from Other Operating Income

 Penerimaan dari Penjualan Agunan yang
                                                              385,438                 14,101              182,231                 Receipt from Sale of Foreclosed Assets
 Diambil Alih

 Pendapatan Non-Operasional Lainnya                             3,871                       -               8,726                           Other Non-Operating Income

 Kenaikan dalam Aset Operasi                                          -                     -                     -                          Increase in Operating Assets

 Kenaikan dalam Kewajiban Operasi                          3,256,073               1,870,146                      -                      Increase in Operating Liabilities

 Hasil Penjualan Aset Tetap                                    45,396                 17,287               21,815                     Proceeds from Sale of Fixed Assets

 Total                                                     5,464,055               3,849,618            1,995,086                                                       Total

 NILAI EKONOMI YANG DIDISTRIBUSIKAN / DISTRIBUTED ECONOMIC VALUE

 Pembayaran Bunga dan Syariah                              1,241,690                936,210             1,114,885                Payment of Interest and Sharia Expense

                                                                                                                                  Payment of General and Administrative
 Pembayaran Beban Umum dan Administrasi                       135,298               118,617               110,607
                                                                                                                                                             Expenses

 Pembayaran Beban Tenaga Kerja                                161,897               132,900               158,002                        Payment of Personnel Expenses

 Pembayaran Beban Operasional Lainnya                         128,943                 62,434              141,685                 Payments of Other Operating Expenses




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                                                                                                                                          (dalam juta Rupiah / in million Rupiah)


                       Uraian                                 2023                  2022*               2021*                               Description

 Pembayaran Non-Operasional Lainnya                                  -               28,898                      -               Payment of Other Non-Operating Income

 Pembayaran Pajak Penghasilan                                 16,049                        -                    -                                  Payment of Income Tax

 Penurunan dalam Aset Operasi                             2,802,368              1,496,221            1,301,360                              Decrease in Operating Assets

 Penurunan dalam Kewajiban Operasi                                   -                      -         1,429,092                          Decrease in Operating Liabilities

 Pembelian Aset Tetap                                         16,196                  7,527                  1,119                                 Purchase of Fixed Assets

 Pembelian Aset Tak Berwujud                                    7,289                 1,880                   984                            Purchase of Intangible Assets

 Pembayaran Sewa                                              10,757                 10,959               10,943                                           Payment of Lease

 Biaya Investasi Sosial                                           180                   238                   643                                    Social Investment Cost

 Total                                                    4,520,667              2,795,883            4,339,910                                                          Total

 Nilai Ekonomi yang Ditahan                                  943,388             1,053,735          (2,237,247)                                  Economic Value Retained

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / * Consolidation until the date of divestment of Subsidiary on 22 December 2022.




Mendukung Pertumbuhan Perekonomian                                                         Supporting Indonesia’s Economic Growth
Indonesia

Bank Victoria berkontribusi pada pembangunan ekonomi                                       Bank Victoria contributes to the national economic development
nasional dengan menyalurkan kredit ke berbagai sektor usaha.                               by lending to various business sectors. The following is information
Berikut informasi tentang pencapaian penyaluran kredit Bank                                about the Bank’s lending achievements based on economic
berdasarkan sektor ekonomi selama 3 (tiga) tahun terakhir:                                 sector over the last 3 (three) years:

                                                                                         (dalam juta Rupiah, kecuali dinyatakan lain / in million Rupiah, unless stated otherwise)


                                                                 2023                                     2022*                                         2021
                 Uraian                                                Komposisi                                  Komposisi                                   Komposisi
               Description                           Jumlah                                      Jumlah                                    Jumlah
                                                                      Composition                                Composition                                 Composition
                                                      Total                                       Total                                     Total
                                                                         (%)                                        (%)                                         (%)
 Lembaga Pembiayaan
                                                     5,563,012              29.86                3,810,285              24.08              3,013,384                 20.52
 Financing Institution

 Perdagangan, Restoran, dan Hotel
                                                     3,574,240              19.19                3,471,734              21.94              3,435,922                 23.40
 Trading, Restaurant, and Hotel

 Industri
                                                     2,186,357              11.74                1,546,407                9.77             1,565,012                 10.66
 Industry

 Real Estat
                                                     2,533,799              13.60                2,434,559              15.38              2,572,483                 17.52
 Real Estate

 Konstruksi
                                                       852,268               4.58                  782,272                4.94             1,104,130                  7.52
 Construction

 Jasa-Jasa Sosial/Masyarakat
                                                       349,351               1.88                  423,151                2.67                506,249                 3.45
 Social/Community Services

 Lain-Lain
                                                     3,569,716              19.16                3,356,203              21.21              2,485,925                 16.93
 Others

 Total                                             18,628,743             100.00                15,824,611            100.00             14,683,105                100.00

* Konsolidasian sampai dengan divestasi Entitas Anak pada tanggal 22 Desember 2022 / * Consolidation until the date of divestment of Subsidiary on 22 December 2022.


Bank Victoria tidak hanya berfokus terhadap pembangunan                                    Bank Victoria not only focuses on national economic development
ekonomi nasional melalui penyaluran kredit ke berbagai sektor                              through lending to various business sectors, but also makes
usaha, tetapi juga mewujudkannya melalui penyaluran kredit                                 this happen through lending to the Micro, Small, and Medium
kepada sektor Usaha Mikro, Kecil, dan Menengah (UMKM) yang                                 Enterprises (MSME) sector which has a significant contribution to
memiliki kontribusi signifikan terhadap perekonomian nasional.                             the national economy. The following is information regarding the
Berikut informasi mengenai penyaluran kredit Bank kepada UMKM:                             Bank’s lending to MSME:




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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




                                                                            (dalam juta Rupiah, kecuali dinyatakan lain / / in million Rupiah, unless stated otherwise)


                                                           2023                                   2022                                         2021
               Uraian                                          Komposisi                              Komposisi                                    Komposisi
             Description                      Jumlah                               Jumlah                                       Jumlah
                                                              Composition                            Composition                                  Composition
                                               Total                                Total                                        Total
                                                                 (%)                                    (%)                                          (%)
 Usaha Mikro
                                                       -               -                      -                    -                       -                   -
 Micro Business

 Usaha Kecil
                                                16,499              0.54               20,696                 0.85                  28,950                 1.44
 Small Business

 Usaha Menengah
                                              3,037,478            99.46           2,424,657                 99.15              1,985,229                 98.56
 Medium Business

 Total                                        3,053,977           100.00           2,445,354               100.00               2,014,179               100.00




Pembiayaan terhadap Kegiatan Usaha                                             Financing for Sustainable Business Activities
Berkelanjutan [POJK F.3]                                                       [POJK F.3]


Bank Victoria berperan dalam menerapkan prinsip keuangan                       Bank Victoria plays a role in implementing sustainable finance
berkelanjutan dengan memberikan pembiayaan kepada                              principles by providing financing for sustainable business
kegiatan usaha berkelanjutan, Bank mendukung 4 (empat) dari                    activities. The Bank supports 4 (four) of the 12 (twelve) categories
12 (dua belas) kategori kegiatan usaha berkelanjutan. Komitmen                 of sustainable business activities. This commitment is reflected
tersebut tercermin dalam peningkatan jumlah pembiayaan yang                    in the increase in financing amount distributed to debtors, which
disalurkan kepada debitur yang ditunjukkan sebagai berikut:                    is shown as follows:

                                                                                                                               (dalam juta Rupiah / in million Rupiah)


                                                                  Penyaluran Kredit
                    Uraian                                             Loans                                                Business Activities
                  Description
                                                     2023               2021                 2021
 Pencegahan dan Pengendalian Polusi                 219,043             108,375               88,765                          Pollution Prevention and Control

 Pengelolaan Sumber Daya Alam Hayati dan                                                                         Management of Biodiversity Resources and
                                                    173,182             393,548              374,526
 Penggunaan Lahan yang Berkelanjutan                                                                                                Sustainable Land Use

 Kegiatan Usaha dan/atau Kegiatan Lain yang                                                                                    Eco-Friendly Business Activities
                                                       88,158           115,136              139,395
 Berwawasan Lingkungan Lainnya                                                                                                         and/or Other Activities

 Kegiatan UMKM                                     3,053,977          2,445,354            2,014,179                                              MSME Activities

 Total                                             3,534,360          3,062,413           2,616,865                                                           Total




Literasi dan Inklusi Keuangan                                                  Financial Literacy and Inclusion

Bank Victoria menyadari rendahnya pemahaman masyarakat                         Bank Victoria is aware of the low public understanding of
terhadap layanan keuangan. Oleh karena itu, Bank mendukung                     financial services. As such, the Bank supports the government’s
upaya pemerintah dalam meningkatkan literasi dan inklusi                       initiative in improving financial literacy and inclusion to help the
keuangan yang bertujuan agar masyarakat lebih memahami                         community better understand banking products and services and
produk dan jasa perbankan beserta manfaatnya.                                  their benefits.


Tahapan implementasi program literasi dan inklusi keuangan                     The implementation stages for the financial literacy and inclusion
diuraikan sebagai berikut:                                                     program are described as follows:
1. Perencanaan dan Persiapan                                                   1. Planning and Preparation
    Penyampaian materi dan pengajaran dilakukan oleh tenaga                        Materials and education are taught by experts who have
    ahli yang telah memperoleh pelatihan dan penyuluhan,                           obtained trainings and developments, and understood the
    serta menguasai program. Guna mempermudah pemahaman                            program. To facilitate the participants’ understanding, the
    peserta edukasi, Bank menyiapkan materi yang akan                              Bank prepares materials to be delivered, supported with
    disampaikan dengan dilengkapi video yang memuat referensi                      videos containing references of clear audio visual. This




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   audio-visual yang jernih. Materi ini dilengkapi dengan                  material is complemented by several children songs related
   beberapa lagu anak terkait “Ayo Menabung” untuk lebih                   to “Ayo Menabung” (Let’s Save Money) in order to encourage
   menarik minat para siswa dalam mengikuti program, serta                 students to participate in the program, and prepared with
   menyiapkan link Zoom yang akan digunakan apabila edukasi                links for Zoom meeting to be used in the educational and
   dan literasi tersebut dilakukan secara virtual.                         literacy program, virtually.
2. Pencapaian Tujuan yang Telah Ditetapkan                              2. Achievement of the Predetermined Goals
   Lokasi pelaksanaan program disesuaikan dengan wilayah                   The location to hold the program is adjusted to the area of
   kantor cabang utama dan kantor cabang pembantu dengan                   main branch offices and sub-branch offices by considering
   pertimbangan kedekatan jarak guna mempermudah koordinasi                the proximity to facilitate coordination between parties. This
   antar pihak. Program ini diharapkan dapat menjadi media                 program is expected to be an educational medium, especially
   edukasi, khususnya bagi kalangan ibu-ibu, untuk dapat                   for housewives, to be able to better plan their household
   melakukan perencanaan keuangan rumah tangga menjadi lebih               finance in the future, meanwhile, for elementary, junior
   baik lagi, sedangkan, bagi para murid tingkat SD, SMP, dan SMA,         high, and high school students, this program is expected
   program ini diharapkan mampu meningkatkan pemahaman                     to increase their understanding regarding the benefits and
   seputar manfaat dan kegunaan menabung sejak dini.                       advantages of saving money early.
3. Pelaksanaan Strategi dan Kebijakan                                   3. Implementation of Strategies and Policies
   Pelaksanaan program literasi keuangan dilakukan secara                  The financial literacy program is implemented periodically in
   berkala sesuai dengan tahapan implementasi berikut:                     accordance with the following implementation phases:
   a. Pre-test dilakukan untuk mengetahui pemahaman                        a. Pre-test is conducted to know participants’ initial
       awal peserta sebelum mengikuti program. Pengukuran                       understanding of the program. It is measured by giving
       dilakukan dengan memberikan 17 pertanyaan yang                           17 pre-test questions related to the knowledge and
       berhubungan dengan pengetahuan dan pengertian                            understanding related of the materials delivered to the
       terkait materi yang diberikan kepada peserta program;                    program participants;
   b. Setelah didapatkan hasil pre-test, pemateri yang berasal             b. Upon obtaining the pre-test’s results, the speaker who is
       dari Bank Victoria akan memberikan edukasi interaktif dan                from Bank Victoria’s internal will provide interactive and
       komunikatif yang memungkinkan peserta untuk bertanya                     communicative education to encourage the participants
       dan memberikan pendapat secara langsung; dan                             to directly raise questions and express opinions; and
   c. Untuk mengetahui pemahaman peserta setelah                           c. To understand participant knowledge after participating
       mengikuti program, dilaksanakan post-test yang berisi                    in the program, a post-test is given. This is intended to
       pertanyaan serupa pada saat pre-test. Tes ini akan                       measure the participants’ improved understanding after
       mengukur perkembangan pemahaman peserta setelah                          the program, and to measure the success of the program
       mengikuti program dan mengukur tingkat keberhasilan                      implementation.
       pelaksanaan program.
   Pre-test dan post-test juga dapat dilakukan secara virtual              Pre-test and post-test can also be conducted virtually
   dengan menggunakan aplikasi terpisah dari link Zoom yang                using separate application from Zoom links used during the
   digunakan pada saat pemberian materi.                                   material delivery.
4. Evaluasi Kendala yang Dihadapi dan Upaya-Upaya Pemecahan             4. Evaluation of Obstacles Encountered and Problem-Solving
   Masalah                                                                 Measures
   Kendala yang dihadapi Bank dalam meyakinkan para peserta                Obstacles encountered by the Bank in convincing participants
   untuk mengikuti program, di antaranya:                                  to participate in the program among others:
   a. Keterbatasan waktu yang berimbas pada pemahaman                      a. Limited time which impacts on the understanding
       mengenai pentingnya perencanaan keuangan rumah tangga;                  regarding the importance of household financial planning;
   b. Sekolah swasta yang menjadi salah satu sasaran,                      b. Private schools, which are one of the targets have their
       mempunyai kebijakan tersendiri sehingga tidak dapat                     own discretions, and therefore, the program cannot be
       melakukan program di sekolah tersebut;                                  held in these schools;
   c. Adanya keterbatasan kuota internet untuk para pelajar;               c. Limited internet quota for students; and
       serta
   d. Tidak semua kalangan ibu rumah tangga mempunyai                       d. Not all housewives have the equipment and knowledge
       dan memahami pemakaian aplikasi Zoom manakala                            on how to use Zoom application when the program is
       dilakukan secara virtual.                                                held virtually.
   Bank berhasil mengatasi kendala-kendala tersebut melalui                 The Bank managed to deal with these obstacles through
   pendekatan terhadap koordinator kelompok peserta edukasi                 an approach to the coordinators of group of participants
   serta pihak terkait lainnya hingga terselenggaranya program              and relevant parties so that the program was implemented
   dengan baik, sesuai dengan target yang diinginkan.                       properly, according to the required target.




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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Pelaksanaan Program Literasi dan Inklusi                               Implementation of Financial Literacy and
Keuangan                                                               Inclusion Program
Selama tahun 2023, Bank melaksanakan sejumlah program                  Throughout 2023, the Bank conducted a number of financial
literasi dan inklusi keuangan sebagai berikut:                         literacy and inclusion programs as follows:
1. Edukasi Ayo ke Bank di Sekolah MI Nurul Akhyar Bekasi               1. Education of Let’s Go to Bank at MI Nurul Akhyar Bekasi
     dengan peserta pelajar kelas 2 (dua) SD sebanyak 40 (empat             School with 40 (forty) elementary school grade 2 (two)
     puluh) orang;                                                          students participating;
2. Edukasi Ayo ke Bank di SDN 03 PCU Tangerang Selatan                 2. Education of Let’s Go to Bank at 03 PCU South Tangerang
     dengan peserta pelajar kelas 6 (enam) SD sebanyak                      School with 40 (forty) elementary school grade 6 (six)
     40 (empat puluh) orang;                                                students participating;
3. Edukasi Ayo ke Bank di Sekolah Surya Dharma Kebayoran               3. Education of Let’s Go to Bank at Surya Dharma School
     Lama, Jakarta dengan peserta pelajar kelas 1 (satu) sampai             Kebayoran Lama, Jakarta, with 63 (sixty three) elementary
     6 (enam) SD sebanyak 63 (enam puluh tiga) orang;                       school students from grade 1 (first) to grade 6 (six);
4. Edukasi Ayo ke Bank di SDIT ABA Abdurrahman Bin Auf Bekasi          4. Education of Let’s Go to Bank at ABA Abdurrahman Bin Auf
     dengan peserta pelajar kelas 4 (empat) SD sebanyak 59 (lima            Bekasi School with 59 (fifty nine) elementary school grade 4
     puluh sembilan) orang; dan                                             (four) students participating; and
5. Edukasi Ayo ke Bank di Sekolah Mutiara Persada Primary              5. Education of Let’s Go to Bank at Mutiara Persada Primary
     School Solo, Jawa Tengah dengan peserta pelajar SD                     School Solo, Central Java, with 20 (twenty) elementary
     sebanyak 20 (dua puluh orang) orang.                                   school students participating.




Keberlanjutan Kinerja Sosial
Social Performance Sustainability


Komitmen Pelayanan Terbaik bagi Nasabah                                Commitment to the Best Service for
[POJK F.17]                                                            Customers [POJK F.17]

Keberlangsungan usaha Bank Victoria sangat dipengaruhi oleh            Bank Victoria’s business sustainability is greatly influenced by
kepercayaan dan kepuasan nasabah. Bank mempertahankan hal              customer trust and satisfaction. The Bank maintains such trust
tersebut melalui pelayanan terbaik, layanan setara, aman, mudah        and satisfaction through the best services, equal, safe, easy
dijangkau, dan dapat dipercaya, sesuai dengan Surat Keputusan          to reach, and trustworthy service, in accordance with Board of
Direksi No. 041/SK-DIR/07/14 tentang Kebijakan dan Prosedur            Directors’ Decision Letter No. 041/SK-DIR/07/14 on Policies and
Kualitas Pelayanan Nasabah (Customer Experience). Kebijakan            Procedures for Customer Services Quality (Customer Experience).
ini sekaligus menjadi panduan dalam Standar Pelayanan Nasabah          These policies also serve as the guidelines to Customer Service
Bank Victoria.                                                         Standards implemented by Bank Victoria.


Manfaat dari Produk dan Layanan yang Diberikan                         Benefits of Products and Services Provided
[POJK F.28]                                                            [POJK F.28]
Bank hadir untuk membantu nasabah individu dan korporasi               The Bank presents to help individual and corporate customers
dalam memenuhi kebutuhan transaksi ekonomi melalui produk              meet their economic transaction needs through savings and loan
simpanan dan pinjaman. Bank juga mendukung kebutuhan                   products. The Bank also supports other financial support needs
keuangan pendukung lainnya melalui produk investasi, layanan           through investment products, foreign exchange banking services,
bank devisa, dan jasa layanan lainnya.                                 and other services.


Di sisi lain, identifikasi dampak negatif produk dan layanan Bank      On the other side, the identification of negative impacts of Bank
adalah adanya risiko sosial dan lingkungan hidup pada penyaluran       products and services is the existence of social and environmental
kredit. Risiko sosial, Bank mengidentifikasi adanya potensi tenaga     risks in lending. Social risk, the Bank identifies the potential for




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kerja di bawah umur, pemberian upah di bawah upah minimum,            underage workers, wage provision below the minimum wage, or
atau risiko pelanggaran hak asasi manusia pada jenis usaha            the risk of human rights violations in labor-intensive industrial
industri padat karya. Mengatasi risiko ini, Bank memberlakukan        business. Addressing this risk, the Bank enforces strict terms of
persyaratan kredit dengan ketat dan meningkatkan pengawasan           loans and increases field survey supervision. Environmental risk,
survei lapangan. Risiko lingkungan hidup, Bank mengidentifikasi       the Bank identifies the potential for deforestation, forest and
adanya potensi deforestasi, kebakaran hutan dan lahan, dan            land fires, and the risk of weather changes. All of such risks pose
risiko perubahan cuaca. Semua risiko ini merupakan ancaman            a threat to environmental degradation in financing in the land-
pada degradasi lingkungan pada pembiayaan di sektor berbasis          based sector. Therefore, the Bank requires an AMDAL document
lahan. Oleh karenanya, Bank mensyaratkan dokumen AMDAL bagi           for (potential) debtor who manages land of 25 hectares or more
(calon) debitur yang mengelola lahan dengan luas 25 hektare           as a requirement in applying loan.
atau lebih sebagai syarat pengajuan kredit.


Inovasi dan Pengembangan Produk dan Jasa                              Product and Service Innovation and Development
[POJK F.26]                                                           [POJK F.26]
Selama tahun 2023, Bank telah melakukan inovasi dan                   Throughout 2023, the Bank carried out innovation and
pengembangan produk dan jasa yang diuraikan sebagai berikut:          development of products and services, described as follows:
1. Pengembangan program tabungan berhadiah langsung,                  1. Development of a savings program with direct prize, namely
    yaitu program tabungan Victoria Reward;                               Victoria Reward savings program;
2. Pengembangan program tabungan berhadiah voucher, yaitu             2. Development of a savings program with voucher prize,
    program tabungan Imlek 8; dan                                         namely Chinese New Year 8 savings program; and
3. Pengembangan program tabungan berhadiah logam mulia,               3. Development of savings program with precious metal prize,
    yaitu tabungan V-Gold.                                                namely V-Gold savings.


Program Peningkatan Kualitas Layanan                                  Services Quality Improvement Program
Bank Victoria senantiasa melaksanakan berbagai program untuk          Bank Victoria always implements various programs to provide
memberikan kepuasan kepada setiap nasabah, antara lain:               satisfaction to every customer, including:
1. Menyusun standar service excellence bagi seluruh kantor            1. Developing service excellence standards that meet customer
   cabang sesuai dengan tuntutan dan harapan nasabah;                      demands and expectations for all the Bank’s branch offices;
2. Melaksanakan dan memantau kegiatan service excellence              2. Consistently running and monitoring service excellence
   secara konsisten di kantor cabang;                                      activities at branch offices;
3. Menetapkan standar zero defect dalam operasional transaksi         3. Establishing zero-defect standard in banking transaction
   perbankan;                                                              operations;
4. Melakukan pelatihan dan pengembangan service excellence            4. Conducting employee training and development of service
   bagi pegawai frontliner di seluruh kantor cabang Bank;                  excellence for all frontline staffs of the Bank’s branch offices;
5. Menggunakan kartu ATM berbasis chip card untuk mendukung           5. Utilizing chip-based ATM cards to enhance customer security;
   peningkatan keamanan nasabah; serta                                     and
6. Mengembangkan sistem kliring nasional (SKN) dan real time          6. Developing the national clearing system (SKN) and real
   gross settlement (RTGS) Generasi II untuk fitur bulk payment            time gross settlement (RTGS) Generation II to support bulk
   (kliring one to many transfer), menyediakan internet banking            payment feature (one-to-many transfer clearing), providing
   dan mobile banking untuk kenyamanan bertransaksi bagi                   internet banking and mobile banking for customers’
   nasabah, serta memperbaiki tampilan situs web Bank menjadi              transaction convenience, and improving the Bank’s website
   lebih interaktif agar lebih mudah dipahami oleh pengguna.               display to be more interactive and user friendly.


Keamanan Simpanan dan Kerahasiaan                                     Customer Deposit Security and Data Confidentiality
Data Nasabah
Bank Victoria memberikan rasa aman kepada nasabah dengan              Bank Victoria provides a sense of security to customers by
menjamin perlindungan atas uang yang disimpan melalui                 guaranteeing protection for the money deposited through the
Lembaga Penjamin Simpanan sesuai Undang-Undang No. 24                 Deposit Insurance Agency pursuant to Law No. 24 of 2004 on
Tahun 2004 tentang Lembaga Penjamin Simpanan. Bank juga               Indonesia Deposit Insurance Agency. The Bank is also committed
berkomitmen menjaga kerahasiaan data nasabah sebagai bentuk           to maintaining the confidentiality of customer data as a form of
responsibilitas dalam dunia perbankan.                                responsibility in the banking world.




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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




                                                                     Keamanan Bertransaksi
                                                                      Transaction Security


               Simpan Kartu ATM / Keep the ATM Card
               Kartu ATM adalah akses termudah menuju dana yang ada di rekening anda, untuk itu pastikan kartu ATM anda tersimpan dengan baik dan
               tidak dipinjamkan kepada orang lain.
               ATM card is the easiest access to your account, so make sure your ATM card is kept properly and do not lend it to other people.




               PIN dan Password Milik Pribadi / PIN and Password are Personal
               Pelaksanaan penilaian peer evaluation dilakukan oleh setiap anggota Dewan Komisaris terhadap anggota Dewan Komisaris lainnya.
               The peer evaluation assessment is conducted by each member of the Board of Commissioners against other members of the Board of
               Commissioners.




               Tidak Menandatangani Dokumen Kosong / Not Signing Blank Documents
               Dalam kondisi apapun, jangan pernah menandatangani formulir/slip kosong. Pastikan seluruh informasi di formulir/slip kosong sudah benar
               dan sesuai dengan kebutuhan anda.
               Under no circumstances should you sign a blank form/slip. Make sure that all information on the blank form/slip is correct and fit to your
               needs.


               Gunakan Internet Banking dan Mobile Banking / Use Internet Banking and Mobile Banking
               Aktifkan fasilitas Internet Banking dan Mobile Banking (IBMB) anda, selain memudahkan transaksi perbankan, dengan IBMB anda dapat selalu
               memonitor rekening secara tepat waktu.
               Activate your Internet Banking and Mobile Banking (IBMB) facilities. In addition to facilitating banking transactions, IBMB can always help
               monitor your accounts in a timely manner.


               Rutin Cek Saldo / Regularly Check Your Balance
               Lakukan pengecekan saldo anda secara berkala. Jika anda menemukan transaksi mencurigakan segera hubungi Call Center untuk meminta
               penjelasan. Cek saldo dapat dilakukan melalui layanan Call Center, IBMB, ATM, dan print buku tabungan di kantor cabang terdekat.
               Check your balance regularly. If you find a suspicious transaction, immediately contact the Call Center to ask for explanation. Balance
               checking can be done through Call Center, IBMB, ATM services, and print the bank passbook at the nearest branch office.




Komitmen untuk memberikan keamanan bagi nasabah dilakukan                               Commitment to providing customers security is reflected by
dengan mengacu kepada peraturan terkait, antara lain:                                   referring to the applicable regulations, among others:
1. Undang-Undang No. 7 Tahun 1992 tentang Perbankan, dan                                1. Law No. 7 of 1992 on Banking, and its amendments in Law
   perubahannya dalam Undang-Undang No. 10 Tahun 1998;                                      No. 10 of 1998;
2. Undang-Undang No. 4 Tahun 2023 tentang Pengembangan                                  2. Law No. 4 of 2023 on Financial Sector Development and
   dan Penguatan Sektor Keuangan;                                                           Strengthening;
3. Peraturan Bank Indonesia No. 2/19/PBI/2000 tentang                                   3. Bank Indonesia Regulation No. 2/19/PBI/2000 on
   Persyaratan dan Tata Cara Pemberian Perintah atau Izin                                   Requirements and Procedures for Giving Order or Written
   Tertulis Membuka Rahasia Bank; serta                                                     Permission to Disclose Banking Information; and
4. Peraturan Otoritas Jasa Keuangan No. 1/POJK.07/2013                                  4. Financial Services Authority Regulation No. 1/POJK.07/2013
   tentang Perlindungan Konsumen Sektor Jasa, dan peraturan                                 on Consumer Protection of Services Sector, and its derivative
   turunannya.                                                                              regulations.


Berdasarkan peraturan tersebut, Bank wajib untuk merahasiakan                           Based on such regulations, the Bank is required to keep
keterangan mengenai nasabah, baik penyimpan maupun                                      confidential all information regarding the customers, both who
simpanannya, kecuali dalam beberapa hal yang dipersyaratkan                             deposit their money and their deposited money, with exception
dalam undang-undang.                                                                    to the matters as required by law.


Program Keterikatan Nasabah                                                             Customer Engagement Program
Bank Victoria secara rutin menyelenggarakan program                                     Bank Victoria regularly organizes engagement program to
keterikatan untuk memperkuat hubungan dengan nasabah.                                   strengthen relationship with customers. The programs carried
Program yang telah dilaksanakan yaitu:                                                  out are:
1. Program tabungan nasabah berhadiah langsung;                                         1. Customer savings program with direct prizes;
2. Program pemberian hadiah kue pada ulang tahun nasabah                                2. Birthday cake-giving program for customers on their
    (loyalty program); dan                                                                  birthdays (loyalty program); and
3. Program customer gathering bersama dengan Direksi.                                   3. Customer gathering program with the Board of Directors.




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Evaluasi Produk dan Jasa                                                       Evaluation of Products and Services
[POJK F.27] [POJK F.29]                                                        [POJK F.27] [POJK F.29]
Sebelum produk dan layanan Bank disampaikan kepada nasabah,                    Before the Bank’s products and services are delivered to
produk dan layanan Bank telah mendapat izin dari Bank                          customers, such products and services have received permission
Indonesia. Selanjutnya, Bank terus melakukan tinjauan ulang                    from Bank Indonesia. Furthermore, the Bank constantly conducts
dan evaluasi sebagai salah satu bentuk mitigasi risiko terhadap                review and evaluation as a form of risk mitigation regarding the
penerbitan produk dan layanan baru. Prosedur tinjauan ulang                    issuance of new products and services. Review and evaluation
dan evaluasi dijalankan untuk memastikan proses peluncuran                     procedures are carried out to ensure that the product and
produk dan layanan telah diterapkan sesuai dengan pengajuan                    service launching process is implemented in accordance with the
usulan yang disetujui oleh manajemen dan memastikan seluruh                    proposed proposals approved by the management and to ensure
produk dan layanan baru aman bagi nasabah.                                     that all new products and services are safe for customers.


Pada tahun 2023, seluruh (100%) produk dan layanan Bank telah                  In 2023, all (100%) of the Bank’s products and services were
dievaluasi. Selain itu, dari hasil tinjauan ulang dan evaluasi yang            evaluated. In addition, from the results of reviews and evaluations
dilakukan secara berkala tersebut, hingga akhir tahun 2023,                    carried out periodically, until the end of 2023, the Bank ensured
Bank memastikan tidak ada produk dan/atau jasa keuangan Bank                   that no Bank financial products and/or services were declared
yang dinyatakan bermasalah dan harus ditarik kembali oleh Bank                 problematic and must be withdrawn by Bank Indonesia.
Indonesia.


Survei Kepuasan Nasabah [POJK F.30]                                            Customer Satisfaction Survey [POJK F.30]
Bank Victoria terus meningkatkan kualitas produk dan layanan                   Bank Victoria continues to improve product and service quality to
untuk memastikan kepuasan nasabah. Pengukuran kualitas                         ensure customer satisfaction. Quality measurement is carried out
dilakukan melalui survei kepuasan nasabah yang dilaksanakan                    through customer satisfaction survey conducted every semester/
setiap semester/awal periode triwulan 1 (satu) dan triwulan 3                  beginning of the 1st (first) and 3rd (third) quarter periods at each
(tiga) di masing-masing kantor cabang. Kemudian, hasilnya akan                 branch office. Then, the results will be collected at the head
dikumpulkan di kantor pusat untuk proses evaluasi akhir. Hasil                 office for the final evaluation process. The survey results serve
survei ini menjadi dasar evaluasi dan peningkatan kualitas produk              as the basis for evaluating and improving the quality of products
dan layanan. Berikut hasil survei kepuasan nasabah Bank selama                 and services. The results of the Bank’s customer satisfaction
3 (tiga) tahun terakhir:                                                       survey in the past 3 (three) years are as follows:


                        Indikator                            2023       2022        2021                            Indicator
 Teller (Grooming, Behavior, Skill, and Product Knowledge)      90        85          80     Teller (Grooming, Behavior, Skill, and Product Knowledge)

 Customer Service (Behavior, Skill, Product Knowledge,          90                              Customer Service (Behavior, Skill, Product Knowledge,
                                                                          85          80
 and Cross Selling)                                                                                                                  and Cross Selling)

 Security (Grooming, Behavior, Skill, and Product              90                                     Security (Grooming, Behavior, Skill, and Product
                                                                          85          80
 Knowledge)                                                                                                                                Knowledge)

 Eksterior dan Interior Kantor Cabang                          75         75          75                        Exterior and Interior of Branch Offices

 Rata-Rata Hasil                                             86.25     82.50       78.75                                             Average Results

                                                             Baik       Baik        Baik
 Kategori                                                                                                                                    Category
                                                             good       good        good



Sarana Pengaduan Nasabah                                                       Customer Complaint Channel
Bank Victoria menyediakan sarana pengaduan bagi nasabah                        Bank Victoria provides a complaint channel for customers
melalui sistem online yang dikelola oleh Direktorat Operasional.               through an online system managed by the Operational
Nasabah dapat melaporkan keluhan terkait produk dan layanan                    Directorate. Customers can report complaints regarding products
melalui berbagai saluran, termasuk Call Center 24 jam (1500977),               and services through various channels, including the 24-hour
e-mail (customercare@victoriabank.co.id), Customer Service                     Call Center (1500977), email (customercare@victoriabank.co.id),
di kantor cabang, dan aplikasi di Playstore maupun Appstore                    Customer Service at branch offices, and application on Playstore
pada smartphone. Sistem ini memungkinkan nasabah untuk                         and Appstore on smartphones. This system allows customers to
menyampaikan keluhan dan memeriksa status penyelesaiannya                      submit complaints and to check their complaint status at all
di seluruh kantor cabang Bank Victoria.                                        Bank Victoria’s branch offices.




                                                             2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           415
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       Tanggung Jawab Sosial dan Lingkungan Hidup
       Corporate Social and Environmental Responsibility




Selain itu, dalam menangani laporan pengaduan, Bank memeriksa           Furthermore, in handling complaints reports, the Bank checks
kebenaran setiap laporan dan berkomitmen menyelesaikannya               the validity of every report and is committed to strictly settling
dengan tegas dan tepat waktu sesuai dengan Standar Service              it in a timely manner according to the Standard Service Level
Level Agreement (SLA). Informasi jumlah pengaduan yang                  Agreement (SLA). Information on complaints received and
diterima dan ditindaklanjuti oleh Bank Victoria selama 3 (tiga)         followed-up by Bank Victoria in the last 3 (three) years is as
tahun terakhir ditunjukkan sebagai berikut:                             follows:


                                                 2023                                        2022                         2021
    Jenis Pengaduan                                            Sedang
   Type of Complaint         Jumlah Keluhan    Selesai                         Jumlah Keluhan       Selesai   Jumlah Keluhan     Selesai
                                                           Ditindaklanjuti
                             Total Complaint   Settled                         Total Complaint      Settled   Total Complaint    Settled
                                                            On Follow Up
 ATM                               113            113              -                 108              108            90             90

 Internet/Mobile Banking           405            405              -                 762              762           570            570

 Internet Banking Business           11            11              -                     4              4             6              6

 Tabungan
                                      1             1              -                     1              1             1              1
 Savings Account

 Deposito
                                      -             -              -                     -               -            1              1
 Time Deposits

 EDC                                  5             5              -                     2              2             -               -

 Kredit
                                      2             2              -                     1              1             2              2
 Loans

 Total                             537            537              -                 878              878          670             670




Pengelolaan Human Capital yang Berkualitas                              Quality Human Capital Management

Bank Victoria menekankan pentingnya keberadaan Human                    Bank Victoria emphasizes the importance of having competent
Capital (HC) yang kompeten dalam memberikan nilai tambah                Human Capital (HC) in providing added values for services to
bagi layanan kepada nasabah di tengah persaingan industri               customers amid the increasingly tough competition in the
perbankan yang semakin ketat. Bank secara konsisten mengelola           banking industry. The Bank consistently manages HC in a
HC dengan bertanggung jawab, adil, dan terarah yang selaras             responsible, fair, and directed manner, in line with the Bank’s
dengan strategi Bank dan perkembangan industri perbankan saat           strategy and developments in the banking industry to date. The
ini. Komitmen Bank juga terlihat dalam memastikan pemenuhan             Bank’s commitment is also reflected in ensuring the fulfillment
hak-hak HC sesuai dengan kebijakan dan peraturan perundang-             of HC rights in accordance with the policies and applicable laws
undangan yang berlaku.                                                  and regulations.


Kebijakan Pengelolaan Human Capital                                     Human Capital Management Policy
Bank Victoria telah menetapkan pedoman pengelolaan HC yang              Bank Victoria has established guidelines for HC management
dituangkan dalam Kebijakan Human Capital Management yang                as outlined in the Human Capital Management Policies which
disahkan serta dimutakhirkan berdasarkan Surat Keputusan                have been approved and updated based on Board of Directors’
Direksi No. 001A/SK-DIR/12/22 tanggal 1 Desember 2022                   Decision Letter No. 001A/SK-DIR/12/22 dated 1 December 2022
tentang Kebijakan Human Capital Management dan Surat                    on Human Capital Management Policies and Board of Directors’
Keputusan Direksi yang telah disahkan serta dimutakhirkan               Decision Letter which has been approved and updated based on
berdasarkan Surat Keputusan Direksi No. 001B/SK-DIR/12/22               the Board of Directors’ Decision Letter No. 001B/SK-DIR/12/22
tanggal 1 Desember 2022 tentang Standar Operasional Prosedur            dated 1 December 2022 on Standard Operating Procedures for
Human Capital Management.                                               Human Capital Management.


Selain itu, Bank berusaha menciptakan hubungan industrial               Furthermore, the Bank strives to create quality and harmonious
yang berkualitas dan harmonis antara karyawan dengan Bank.              industrial relations between employees and the Bank. Its
Implementasinya didasarkan pada Surat Keputusan Direktur                implementation is based on the Decree of the Director General




416        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Jenderal Pembinaan Hubungan Industrial dan Jaminan Sosial               of Development of Industrial Relations and Social Security for
Tenaga Kerja No. Kep.4/HI.00.00/00.0000.230404006/B/VII/2023            Workers No. Kep.4/HI.00.00/00.0000.230404006/B/VII/2023
tanggal 18 Juli 2023 tentang Pengesahan Peraturan Perusahaan            dated 18 July 2023 on Approval of Company Regulations of
PT Bank Victoria International Tbk. Bank secara berkala akan            PT Bank Victoria International Tbk. The Bank will periodically
memperbarui Peraturan Perusahaan sesuai perkembangan                    update the Company Regulations in accordance with
ketentuan ketenagakerjaan.                                              developments in employment provisions.


Keberagaman di Bank Victoria                                            Diversity in Bank Victoria
Setiap insan Bank memiliki latar belakang yang beragam. Oleh            Every person in the Bank has a diverse background. Therefore,
karenanya, Bank Victoria berkomitmen untuk memperlakukan                Bank Victoria is committed to treating all employees equally
seluruh karyawan dengan setara tanpa diskriminasi berdasarkan           without discrimination based on ethnicity, race, religion, or
suku, ras, agama, atau gender yang bertujuan untuk menciptakan          gender in order to create an inclusive work environment and
lingkungan kerja yang inklusif, memberikan rasa aman, dan               provide a sense of security and comfort for all employees. With
kenyamanan bagi semua karyawan. Dengan pendekatan ini, Bank             this approach, the Bank provides equal opportunity for every
memberikan kesempatan yang sama bagi setiap karyawan untuk              employee to develop with Bank Victoria.
berkembang bersama Bank Victoria.


Hak Asasi Karyawan                                                      Employee’s Human Right
Bank senantiasa menjunjung hak asasi setiap karyawan dengan             The Bank always upholds every employee’s human rights by
menetapkan waktu kerja dan memberikan izin yang sepatutnya,             setting working hours and providing proper permissions, as
sebagai berikut:                                                        follows:
1. Bank menerapkan jam kerja yang proporsional sesuai dengan            1. The Bank implements proportional work hours, follows
    standar, serta menetapkan waktu kerja lembur dilengkapi                  standards, and determines overtime hours and overtime
    fasilitas yang disesuaikan dengan kebutuhan operasional;                 facilities adjusted to the operational requirements;
2. Setiap karyawan Bank Victoria diberikan izin untuk menjalankan       2. Each employee of Bank Victoria is allowed to practice worship
    ibadah sesuai dengan kepercayaan yang diyakini;                          according to the respective belief;
3. Karyawan Bank diizinkan untuk meninggalkan pekerjaan                 3. The Bank gives its employees permission to leave work while
    dengan tetap menerima gaji penuh karena:                                 still receiving full salary for:
    a. Peristiwa khusus, yaitu pernikahan karyawan, karyawan                 a. Special events, i.e. employee’s marriage, marriage of
         menikahkan anak, suami/istri/anak/menantu/orang tua/                      employee’s child, death of employee’s husband/wife/
         mertua/anggota dalam 1 (satu) rumah meninggal dunia,                      child/child-in-law/parent/parent-in- law/other family
         kelahiran anak, istri karyawan mengalami keguguran                        member living in employee’s household, child birth,
         kandungan, khitanan anak, pembaptisan anak;                               employee’s wife experiencing miscarriage, circumcision
                                                                                   of child, baptism of child;
    b.   Sakit, yaitu sakit dengan surat dokter, sakit tanpa surat           b. Sick, i.e. illness with doctor’s note, illness without
         dokter selama 1 (satu) hari dan sakit dengan rawat inap;                  doctor’s reference letter for 1 (one) day, and illness
                                                                                   requiring hospitalization;
    c. Keperluan pribadi yang penting, mendadak, dan tidak                   c. Urgent personal matter, sudden necessity that cannot be
       dapat diwakilkan; serta                                                     represented by others; and
   d. Mengalami halangan di luar kemampuan karyawan.                         d. Experiencing obstacles beyond employee’s control.
4. Karyawan yang telah bekerja di Bank selama 1 (satu) tahun            4. Employees who have worked in the Bank for 1 (one) consecutive
   secara terus menerus dapat mengambil cuti tahunan dengan                  year can take annual leave with full salary payment. The length
   tetap menerima gaji penuh. Lamanya cuti tahunan diatur                    of annual leave is determined based on employee’s position,
   berdasarkan jabatan karyawan, berdasarkan ketentuan yang                  according to regulations applied at the Bank.
   berlaku di Bank.


Kepatuhan terhadap Praktik Kerja tanpa Tenaga                           Compliance with Zero Child Labor and Forced
Kerja Anak dan Tenaga Kerja Paksa [POJK F.19]                           Labor Employment Practice [POJK F.19]
Bank Victoria selalu patuh terhadap peraturan yang berlaku,             Bank Victoria always complies with the applicable regulation,
khususnya dalam pengelolaan HC yang bertanggung jawab.                  particularly in responsible HC management. This commitment
Komitmen ini diwujudkan dengan anti kerja paksa dan penjaminan          is realized through anti-forced labor and guaranteeing of no
tidak adanya tenaga kerja di bawah umur (<18 tahun) di seluruh          underage workers (<18 years) in all of Bank’s operational areas.
wilayah operasional Bank. Selain itu, Bank juga memberikan              In addition, the Bank also provides facilities for employees to
fasilitas bagi karyawan untuk berkumpul atau berserikat.                assemble or associate.




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      417
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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Roadmap Pengelolaan Human Capital
Human Capital Management Roadmap

                                                       2024                                        2025                                       2026

                                              Full Cycle Performance                  Full Cycle Performance Management 2024-2026
                                              Management 2024
        Membentuk Performance
           Oriented Culture
         Forming Performance-                 Menerapkan KPI berdasarkan
           Oriented Culture                   Balance Score Card
                                                                                                   Review                                  Review
                                              Implementing KPI based on
                                              Balance Score Card




                                              Mencari, menyeleksi, dan menempatkan karyawan dengan profil dan kompetensi yang mampu mengoptimalkan
                                              performance dan adaptif dengan proses transformasi digital
                                              Recruiting, selecting, and placing employees having the right profile and competence to optimize performance
                                              and be adaptive with the digital transformation process
       Mengoptimalkan Dukungan
          HC Berbasis Digital
        Optimizing Digital-Based                                                      Secara berkelanjutan melakukan proses rekrutmen, pelatihan,
              HC Support                                                              penempatan, dan evaluasi karyawan termasuk sales team sesuai
                                                                                      perkembangan bisnis dan transformasi digital
                                              Placement and Monitoring
                                                                                      Continuously conducting recruitment, training, placement, and
                                                                                      evaluation processes of the employees including the sales team
                                                                                      according to the business development and digital




                                              Mengoptimalkan Victoria                 Placement             Learning and    Review              Learning and
            Mengembangkan                     Corporate University sebagai            and                   Assessment      Talent Needs        Assessment
      Victoria Corporate University           pusat pengembangan HC                   Monitoring            Process                             Process
                Developing                    Optimizing Victoria Corporate
      Victoria Corporate University           University as HC development
                                              center




Perencanaan Kebutuhan Human Capital                                           Planning for Human Capital Needs
Setiap tahun, Bank Victoria merencanakan kebutuhan HC                         Every year, Bank Victoria plans HC needs based on identification
berdasarkan identifikasi persyaratan, standar formasi, serta                  of requirements, formation standards, and performance and
pertimbangan kinerja dan potensi. Strategi perencanaan HC                     potential considerations. The strategies for HC planning in 2023
untuk tahun 2023 melibatkan optimalisasi dan sinergi seluruh                  involved optimization and synergy of the entire HC. Recruitment
HC. Rekrutmen dilakukan untuk mengisi kekosongan jabatan                      is conducted to fill the vacant positions due to employee
akibat mengundurkan diri, promosi, atau rotasi karyawan.                      resignation, promotion, or rotation.


Rekrutmen Human Capital [POJK F.18]                                           Human Capital Recruitment [POJK F.18]
Dalam melaksanakan rekrutmen HC, Bank memberikan jaminan                      In recruiting HC, the Bank guarantees an equal employment
atas kesetaraan kesempatan kerja sesuai dengan prinsip                        opportunity in accordance with the principles of fulfilling human
pemenuhan hak asasi manusia, tanpa praktik diskriminatif suku,                rights, no discriminatory practices on ethnicity, gender, religion,
gender, agama, dan status sosial. Bank juga memprioritaskan                   and social status. The Bank also prioritizes domestic workers as
tenaga kerja dalam negeri sebagai calon karyawan.                             prospective employees.


Berdasarkan Kebijakan Human Capital Management dan Standar                    Based on the Human Capital Management Policy and Standard
Operasional Prosedur Human Capital Management, kelompok                       Operating Procedures for Human Capital Management, the group
tenaga kerja yang direkrut meliputi karyawan organik, kontrak,                of manpower that is recruited consists of organic, contract, and
dan outsourcing. Tahapan dalam proses seleksi penerimaan HC                   outsourcing employees. The Bank’s HC selection process consists
Bank sebagai berikut:                                                         of the following phases:
1. Seleksi administrasi;                                                      1. Administration selection;
2. Tes kemampuan dan kepribadian;                                             2. Capability and personality test;
3. Wawancara oleh Human Capital Management dan end user;                      3. Interview by Human Capital Management and end user;
4. Tes fisiologis dan tes simulasi pekerjaan; dan                             4. Physiological test and job simulation test; and
5. Penilaian oleh pihak independen.                                           5. Assessment by independent party.




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Pengembangan Kompetensi Human Capital                                  Human Capital Competency Development
[POJK F.22]                                                            [POJK F.22]
Bank mengembangkan Victoria Corporate University (VCU)                 The Bank develops Victoria Corporate University (VCU) as a
sebagai sarana pembelajaran dan pengembangan kompetensi                means of learning and developing HC competencies. VCU itself
HC. VCU sendiri memiliki misi sebagai berikut:                         has the following missions:
1. Mengembangkan program pendidikan dan pelatihan berbasis             1. Developing competency-based education and training
    kompetensi;                                                            programs;
2. Mengembangkan organisasi dan karyawan pembelajar yang               2. Developing efficient learning organization and employee;
    efisien; dan                                                           and
3. Membentuk assessment center serta talent pool yang                  3. Establishing assessment center and talent pool having
    mampu mengidentifikasi dan mengelola pengembangan                      the ability to identify and manage employee’s career
    karier karyawan guna menciptakan leader yang kuat.                     development in order to generate strong leaders.


Selain VCU, pengembangan kompetensi HC dilakukan melalui               Apart from VCU, HC competency development is carried out
program pendidikan dan pelatihan yang ditekankan pada                  through education and training programs which emphasize
kebutuhan pengembangan individu yang bertujuan mendukung               individual development needs to support performance and career
keberhasilan kinerja dan karier. Program pendidikan dan                success. Education and training programs are prepared based on
pelatihan disusun berdasarkan training need analysis dalam             training need analysis in the annual training plan.
rencana pelatihan tahunan.


Informasi terkait pelaksanaan pengembangan kompetensi                  Information related to the implementation of competency
selama 3 (tiga) tahun terakhir ditunjukkan sebagai berikut:            development for the last 3 (three) years is shown as follows:


                                                       Jumlah Pelatihan
                                                        Total Trainings                                     Total
                                                                                                                           Komposisi
      Jenis Pelatihan                                                                                     Pelatihan
                                  Dewan Komisaris    Direksi                                                              Composition
      Type of Training                                            Manajer                                   Total
                                     Board of       Board of                    Officer    Non-Staff                         (%)
                                                                  Manager                                 Trainings
                                   Commissioners    Directors

                                                                2023
 Training/Inhouse                        15             36           1,448        2,519         262           4,280               76.01

 Refreshment Training                     5              8             187          353           -             553                9.82

 Training/Public                           -             -               77         102           -             179                3.18

 Seminar/Public                           4             23               90          90           4             211                3.75

 Certification                             -             1               25         230           -             256                4.55

 Certification Training                    -             -                2         148           -             150                2.66

 Educational Scholarship                   -             -                1           1           -               2                0.04

 Total                                   24             68           1,830        3,443         266           5,631           100.00

 Komposisi (%)
                                        0.43          1.21           32.50        61.14        4.72          100.00
 Composition (%)

 Biaya Pengembangan Kompetensi (Rp)
                                                                                                                       4,844,814,746
 Competency Development Cost (Rp)

 Rata-Rata Jam Pelatihan (Jam)
                                                                                                                                     5
 Average Training Hours (Hours)

                                                                2022
 Training/Inhouse                        12             30           1,917        3,414          98           5,471               65.43

 Refreshment Training                      -             3               60          34          35             132                1.58

 Training/Public                          3              7              383         997           5           1,395               16.68

 Seminar/Public                            -             8              104         113           8             233                2.79

 Certification                            1              7              249         429           -             686                8.20

 Certification Training                    -             1              211         229           -             441                5.27




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk       419
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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




                                                          Jumlah Pelatihan
                                                           Total Trainings                                        Total
                                                                                                                                Komposisi
      Jenis Pelatihan                                                                                           Pelatihan
                               Dewan Komisaris         Direksi                                                                 Composition
      Type of Training                                                 Manajer                                    Total
                                  Board of            Board of                        Officer    Non-Staff                        (%)
                                                                       Manager                                  Trainings
                                Commissioners         Directors

 Educational Scholarship                  -                    -                2           1           -              3             0.04

 Total                                  16                 56            2,926          5,217        146           8,361           100.00

 Komposisi (%)
                                      0.19               0.67            35.00          62.40        1.75         100.00
 Composition (%)

 Biaya Pengembangan Kompetensi (Rp)
                                                                                                                            2,991,913,259
 Competency Development Cost (Rp)

                                                                      2021
 Training/Inhouse                       14               29              1,531          2,842         399           4,815           88.45

 Refreshment Training                    3                4                    18          11           -             36             0.66

 Training/Public                          -               4                   105          98           -            207             3.80

 Seminar/Public                          1                7                   150         115           -            273             5.01

 Certification                           4                4                    57          19           -             84             1.54

 Certification Training                  1                 -                   18           7           -             26             0.48

 Educational Scholarship                  -                -                    2           1           -              3             0.06

 Total                                  23               48              1,881          3,093        399           5,444           100.00

 Komposisi (%)
                                      0.42             0.88              34.55          56.81        7.33         100.00
 Composition (%)

 Biaya Pengembangan Kompetensi (Rp)
                                                                                                                            1,394,487,605
 Competency Development Cost (Rp)



Untuk mendukung proses pendistribusian ilmu pengetahuan secara               To support the process of comprehensive and structured
menyeluruh dan terstruktur, Bank Victoria melaksanakan Knowledge             knowledge distribution, Bank Victoria carries out Knowledge
Management yang dikelola melalui VCU. Hal ini ditujukan untuk                Management, administered by VCU. This is intended to compile
menghimpun seluruh pengetahuan, keterampilan dan pengalaman                  all HC knowledge, skills, and work experience to become a
kerja HC menjadi sumber informasi yang dapat diakses oleh seluruh            source of information accessible by all HC. The implementation
HC. Pelaksanaan Knowledge Management melalui VCU selain dari                 of Knowledge Management through VCU, apart from face-to-
pertemuan tatap muka melalui training class room, sharing session,           face meetings through classroom training, sharing sessions, and
serta sosialisasi, juga dilakukan melalui beberapa sarana, seperti,          dissemination, is also carried out through several channels, such
e-learning, intranet V-Smart, dan Vic-News.                                  as e-learning, V-Smart intranet, and Vic-News.


Selain itu, VCU juga mengevaluasi efektivitas pelaksanaan sistem             In addition, VCU also evaluates the effectiveness of HC training
pelatihan dan pengembangan bagi HC dengan menggunakan                        and development system by using the Post-Training Evaluation
Form Evaluasi Pasca Training. Hasil evaluasi akan menjadi                    Form. The evaluation result will become an important
pertimbangan penting untuk mengarahkan dan meningkatkan                      consideration for directing and enhancing future HC training
kebutuhan pelatihan lanjutan bagi HC.                                        requirement.


Penilaian Kinerja Human Capital                                              Human Capital Performance Assessment
Bank Victoria mengatur pelaksanaan penilaian kinerja HC                      Bank Victoria regulates the HC’s performance assessment in the
dalam Kebijakan Human Capital Management yang disahkan                       Human Capital Management Policy, which was approved under
melalui Surat Keputusan Direksi No. 001A/SK-DIR/12/22                        the Board of Directors’ Decision Letter No. 001A/SK-DIR/12/22
tanggal 1 Desember 2022 dan Standar Operasional Prosedur                     dated 1 December 2022 and Standard Operating Procedures
Human Capital Management melalui Surat Keputusan Direksi                     for Human Capital Management under the Board of Directors’
No. 001B/SK-DIR/12/22 tanggal 1 Desember 2022. Penilaian                     Decision Letter No. 001B/SK-DIR/12/22 dated 1 December 2022.
kinerja HC didasarkan pada pencapaian kinerja, pemenuhan atau                HC performance assessment is conducted based on performance
peningkatan kompetensi, dan penerapan nilai-nilai Bank Victoria.             achievements, fulfillment or improvement of competencies, and
Implementasinya mengikuti Key Performance Indicators (KPI)                   implementation of Bank Victoria’s values. Its implementation
dengan merujuk pada sistem Balanced Scorecard yang mencakup                  follows the Key Performance Indicators (KPI) by referring to the




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perspektif keuangan, nasabah, pembelajaran dan pertumbuhan              Balanced Scorecard system which includes the perspectives of
karyawan, serta proses bisnis internal.                                 finance, customers, employees’ learning and growth, and internal
                                                                        business process.


Penilaian dilakukan 2 (dua) kali setahun untuk mengevaluasi             Assessment is carried out twice in a year to evaluate HC
kinerja, mengidentifikasi kelebihan dan kekurangan HC, serta            performance, identify its advantage and disadvantage, and
menilai efektivitas sistem-sistem di Bank Victoria. Selanjutnya,        assess the effectiveness of Bank Victoria’s systems. Thereafter,
hasil penilaian digunakan sebagai dasar untuk kenaikan                  the assessment results are used as a basis for increasing
remunerasi, bonus tahunan, serta penghargaan finansial dan              remuneration, annual bonus, and financial and non-financial
non-finansial sesuai dengan kemampuan Bank setiap tahunnya.             rewards adjusted to the Bank’s ability every year.


Pengembangan Karier Human Capital                                       Human Capital Career Development
Bank memastikan tidak ada tindakan diskriminasi terhadap                The Bank ensures that there are no acts of discrimination against
setiap karyawan pada program pengembangan karier dengan                 any employee in the career development program by applying
menerapkan prinsip fair opportunity dan Prudential Career               fair opportunity principle and Prudential Career Management
Management Guideline. Dalam 3 (tiga) tahun terakhir, Bank               Guideline. In the past 3 (three) years, the Bank conducted career
telah melaksanakan pengembangan karier terhadap HC yang                 development on HC as shown below:
ditunjukkan sebagai berikut:


                                                                               Jumlah Karyawan
                                                                               Total Employees
      Pengembangan Karier
                                                 2023                               2022                               2021
       Career Development
                                        Pria    Wanita                   Pria      Wanita                   Pria      Wanita
                                                             Total                              Total                               Total
                                        Male    Female                   Male      Female                   Male      Female
 Promosi ke Jabatan yang Lebih Tinggi
                                         8         9           17         13           8         21           8          13          21
 Promotion to a Higher Position

 Mutasi pada Jenjang yang Selevel
                                         14       34           48         19          21         40          62          95         157
 Transfer at the Same Level


Human Capital Engagement                                                Human Capital Engagement
Bank Victoria menggunakan Human Capital Engagement                      Bank Victoria uses Human Capital Engagement as a parameter to
sebagai parameter untuk mengukur tingkat keterikatan                    measure employees’ emotional engagement to the Bank. Efforts
emosional karyawan terhadap Bank. Upaya untuk meningkatkan              to increase employees’ engagement are carried out by providing
engagement karyawan dilakukan dengan memberikan                         opportunities for education, training, and career development
kesempatan pendidikan, pelatihan, serta pengembangan                    through promotion, job rotation, job enlargement, and other
karier melalui promosi, job rotation, job enlargement, dan              activities. Performance assessment based on the Balanced
kegiatan lainnya. Penilaian kinerja berdasarkan sistem Balanced         Scorecard system is also applied from the Company to individual
Scorecard juga diterapkan mulai dari level perusahaan hingga            level, with monitoring through coaching, counseling, and
individu, dengan pemantauan melalui coaching, counseling, dan           controlling. Human Capital Engagement is also strengthened
controlling. Human Capital Engagement juga diperkuat melalui            through the implementation of fair remuneration standard and
penerapan standar remunerasi yang adil, mempertimbangkan                consideration of employee’s ranking and position level.
pemeringkatan karyawan, dan jenjang jabatan.


Industrial Relations                                                    Industrial Relations
Bank Victoria menciptakan suasana kerja terbuka, positif, dan           Bank Victoria creates an open, positive, and progressive work
progresif untuk membina hubungan industrial yang harmonis dan           atmosphere to foster harmonious and dynamic industrial
dinamis. Hal ini diwujudkan melalui Peraturan Perusahaan Bank           relations. This is realized through Bank Victoria’s Company
Victoria yang dimutakhirkan dan disahkan oleh Kementerian               Regulations, which were updated and validated by the Ministry of
Tenaga Kerja dan Transmigrasi melalui Surat Keputusan Direktur          Manpower and Transmigration through the Directorate General
Jenderal Pembinaan Hubungan Industrial dan Jaminan Sosial               of Industrial Relations Development and Labor Social Security
Tenaga Kerja No. Kep.4/HI.00.00/00.0000.230404006/B/VII/2023            Decree No. Kep.4/HI.00.00/00.0000.230404006/B/VII/2023
tanggal 18 Juli 2023 tentang Pengesahan Peraturan Perusahaan            dated 18 July 2023 on Approval of Company Regulations of
PT Bank Victoria International Tbk. Peraturan ini diperbarui            PT Bank Victoria International Tbk.This Company Regulations
secara berkala mengikuti perubahan regulasi dan perkembangan            are updated periodically in line with the amendments to the
industri perbankan di Indonesia.                                        regulations and development of the banking industry in Indonesia.




                                                       2023 Annual and Sustainability Report | PT Bank Victoria International Tbk      421
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         Tanggung Jawab Sosial dan Lingkungan Hidup
         Corporate Social and Environmental Responsibility




Internalisasi Budaya Perusahaan Human Capital                             Internalization of Human Capital Corporate Culture
Budaya Perusahaan di Bank Victoria bertujuan menciptakan                  Corporate Culture at Bank Victoria aims to create a more
transformasi budaya kerja yang lebih profesional, dimulai dari            professional work culture transformation, starting from
awarenes, engagement, acceptance, hingga ownership. Oleh                  awareness, engagement, acceptance, to ownership. Therefore,
karenanya, Bank menetapkan program kerja untuk memperkuat                 the Bank established a work program to strengthen the work
budaya kerja berorientasi intrapreneurship, kinerja, inovasi,             culture oriented on intrapreneurship, performance, innovation,
dan efisiensi. Hal itu dilakukan untuk mewujudkan transformasi            and efficiency. That matter is conducted to manifest the
budaya kerja, seperti sosialisasi dan komunikasi nilai budaya             work culture transformation, such as dissemination and
perusahaan, internalisasi nilai budaya perusahaan, penyelarasan           communication of corporate culture values, internalization
sistem organisasi dan HC, serta pelaksanaan program recognition.          of corporate cultural values, alignment of organizational and
Program tersebut dilaksanakan secara konsisten sebagai bagian             HC systems, and implementation of recognition programs. The
yang tidak terpisahkan dari kegiatan operasional Bank.                    program is implemented consistently as an inseparable part of
                                                                          the Bank’s operational activities.


Jumlah Human Capital [POJK C.3]
Total Human Capital

                                     2023                                    2022                                 2021
    Uraian
  Description          Pria      Wanita                        Pria     Wanita                       Pria     Wanita
                                            Total     %                             Total    %                           Total    %
                       Male      Female                        Male     Female                       Male     Female
 LEVEL ORGANISASI / ORGANIZATIONAL LEVEL

 Direksi
 Boards of                4          1         5      0.70         4          1        5      0.73       4         1        5      0.72
 Directors

 Manajemen
                         87         84       171     23.98        78         83      161     23.40      81        85      166     23.92
 Management

 Staf
                        283        254       537     75.32      282         240      522     75.87    283        240      523     75.36
 Staff

 Total                  374        339       713    100.00      364         324      688    100.00    368        326      694    100.00

 TINGKAT PENDIDIKAN / EDUCATIONAL LEVEL

 Doktor
                          2           -        2      0.28         -          -        -         -       -          -       -         -
 Doctorate

 Pascasarjana
                         24         12        36      5.05        23         13       36      5.23     23          8       31      4.47
 Post-Graduates

 Sarjana
                        185        223       408     57.22      176         202      378     54.94    166        205      371     53.46
 Graduates

 Diploma                 28         72       100     14.03        29         78      107     15.55     36         80      116     16.71

 <SMA
                        135         32       167     23.42      136          31      167     24.27    143         33      176     25.36
 < High School

 Total                  374        339       713    100.00      364         324      688    100.00    368        326      694    100.00

 STATUS KARYAWAN / EMPLOYMENT STATUS

 Karyawan Tetap
 Permanent              199        211       410     57.50      193         206      399     57.99    205        211      416     59.94
 Employee

 Karyawan Tidak
 Tetap
                         42        127       169     23.70        36        117      153     22.24     21        112      133     19.16
 Non-permanent
 Employee

 Outsorcing             133          1       134     18.80      135           1      136     19.77    142          3      145     20.89

 Total                  374        339       713    100.00      364         324      688    100.00    368        326      694    100.00

 USIA / AGE

 >60 Tahun
                          7          6        13      1.82        10          5       15      2.18       9         4       13      1.87
 >60 Years Old




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                                  2023                                    2022                                     2021
    Uraian
  Description        Pria    Wanita                        Pria      Wanita                         Pria      Wanita
                                         Total    %                              Total     %                              Total     %
                     Male    Female                        Male      Female                         Male      Female

 51–60 Tahun
                      43          34        77    10.80       38          32       70      10.17       43          27       70      10.09
 51–60 Years Old

 41–50 Tahun
                     108          47       155    21.74      105          43      148      21.51      100          45      145      20.89
 41–50 Years Old

 31–40 Tahun
                     129       117         246    34.50      136         127      263      38.23      140         128      268      38.62
 31–40 Years Old

 21–30 Tahun
                      86       132         218    30.58       74         112      186      27.03       76         121      197      28.39
 21–30 Years Old

 18-20 Tahun
                       1           3         4     0.56        1           5        6       0.87         -            1      1       0.14
 18-20 Years Old

 Total               374       339         713   100.00      364        324       688    100.00       368         326      694     100.00

 MASA KERJA / YEARS OF SERVICES

 >20 Tahun
                      11          11        22     3.09        9          13       22       3.20        7          11       18       2.59
 >20 Years

 16-20 Tahun
                      23          14        37     5.19       32          15       47       6.83       23          12       35       5.04
 16-20 Years

 11-15 Tahun
                      54          47       101    14.17       40          57       97      14.10       41          57       98      14.12
 11-15 Years

 6-10 Tahun
                      86          67       153    21.46       99          93      192      27.91       95          71      166      23.92
 6-10 Years

 0-5 Tahun
                     200       200         400    56.10      184         146      330      47.97      202         175      377      54.32
 0-5 Years

 Total               374       339         713   100.00      364        324       688    100.00       368         326      694     100.00


Remunerasi Karyawan [POJK F.20]                                        Employee Remuneration [POJK F.20]
Bank memberikan apresiasi terhadap kontribusi karyawan dalam           The Bank appreciates the employees’ contributions in developing
kemajuan Bank Victoria melalui pemberian remunerasi yang               Bank Victoria by providing fair remuneration according to their
adil sesuai dengan tanggung jawab kerja masing-masing. Bank            respective work responsibility. Also, the Bank always pays high
juga selalu memperhatikan ketentuan Upah Minimum Regional              regard to the provisions of Regional Minimum Wage (UMR)
(UMR) dan tingkat upah di industri sejenis. Untuk karyawan di          and wage level in similar industry. For employees in the lowest
jabatan terendah, upah tetap disesuaikan dengan UMR di wilayah         position, their wage remains adjusted to the minimum wage in
operasional masing-masing, dengan rincian sebagai berikut:             their respective operational area, with the following details:


                                                                                           Rasio Upah Karyawan Tetap Terendah
                     Upah Karyawan Tetap Terendah         Upah Minimum Regional                       dibandingkan UMR
    Wilayah
                   Lowest Permanent Employee’s Wage       Regional Minimum Wage          Ratio of the Lowest Permanent Employee’s
    Region
                                 (Rp)                               (Rp)                                 Wage to UMR
                                                                                                             (%)
 Bandung                       4,209,500                            4,209,309                                100.00

 Bogor                         4,814,000                            4,813,988                                100.00

 Denpasar                      3,097,000                            3,096,823                                100.01

 DKI Jakarta                   5,067,500                            5,067,381                                100.00

 Manado                        3,591,000                            3,590,858                                100.00

 Makassar                      3,643,500                            3,643,321                                100.00

 Medan                         3,769,500                            3,769,082                                100.01

 Semarang                      3,244,000                            3,243,969                                100.00

 Surabaya                      4,725,500                            4,725,479                                100.00

 Surakarta                     2,269,500                            2,269,070                                100.02




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        Tanggung Jawab Sosial dan Lingkungan Hidup
        Corporate Social and Environmental Responsibility




Hak Cuti Melahirkan                                                         Maternity Leave Rights
Informasi terkait cuti melahirkan yang diberikan Bank kepada karyawan       Information regarding maternity leave provided by the Bank to
wanita dan pria pada tahun 2023 diungkapkan sebagai berikut:                female and male employees in 2023 is disclosed as follows:


                               Uraian                                           Pria                 Wanita                 Jumlah
                             Description                                        Male                 Female                  Total
 Karyawan yang berhak mendapat cuti
                                                                                159                    165                    324
 Employees eligible to take leave

 Karyawan yang mengambil hak cuti
                                                                                 22                     26                      48
 Employees taking leave
 Karyawan yang kembali bekerja pada periode pelaporan setelah cuti
 berakhir                                                                        22                     26                      48
 Employees returning to work in the reporting period after leave ends
 Karyawan yang kembali bekerja setelah cuti berakhir, yang masih
 dipekerjakan 12 bulan setelah kembali bekerja
                                                                                 22                     26                      48
 Employees returning to work after leave ends, still employed 12
 months after returning to work



Program Pensiun                                                             Pension Program
Bank Victoria memperhatikan kesejahteraan karyawan yang                     Bank Victoria pays attention to employees’ welfare who have
telah berkontribusi pada kemajuan usaha hingga memasuki usia                contributed to the business progress until they enter retirement
pensiun. Program pensiun dilaksanakan sesuai dengan Kebijakan               age. Pension program is carried out in accordance with the Human
Human Capital Management dan Standar Operasional Prosedur                   Capital Management Policy and Standard Operating Procedures
Human Capital Management. Karyawan yang mencapai usia di                    for Human Capital Management. Employees entering the age of
atas 55 tahun dapat mengikuti program pensiun dan menerima                  over 55 years can join the pension program and receive a pension
uang pensiun sesuai ketentuan. Selain itu, pensiunan juga memiliki          in accordance with the provisions. Furthermore, the retiree also
opsi untuk dipekerjakan kembali sebagai karyawan kontrak.                   has the option to be rehired under contract status.


Tingkat Perputaran Karyawan                                                 HC Turnover Rate
Meskipun perputaran karyawan adalah fenomena umum di                        Although employee turnover is a common phenomenon in
industri perbankan, Bank Victoria secara konsisten melakukan                banking industry, Bank Victoria consistently implement various
berbagai upaya untuk menjaga engagement karyawan dan                        efforts to maintain employee engagement and reduce turnover
meminimalkan tingkat perputaran. Penyebab perputaran                        rates. Reasons for employee turnover are various, such as
karyawan dapat bervariasi, mulai dari pensiun, pengunduran diri,            pension, resigning, terminated, and other factors.
pemutusan hubungan kerja, dan faktor lainnya.


Tingkat perputaran karyawan di Bank selama 3 (tiga) tahun                   The employee turnover rate at the Bank for the past 3 (three)
terakhir sebagai berikut:                                                   years is as follows:


                      Uraian                               2023          2022           2021                    Description
 Total Karyawan yang Keluar                                 157          165            260                         Total Employees Leaving

 Pria                                                        88           68            101                                            Male

 Wanita                                                      69           97            159                                          Female

 Total Karyawan                                             713          688            694                                 Total Employees

 Tingkat Perputaran Karyawan dalam Setahun (%)            22.02         23.84          34.83            Employee Turnover Rate in a Year (%)




Strategi Pengelolaan Human Capital Tahun 2024                               Human Capital Management Strategy in 2024
Bank menyusun rencana kerja pengelolaan HC setiap tahun                     The Bank prepares HC management work plan annually to
untuk memastikan kelangsungan rencana kerja. Untuk tahun                    ensure the continuity of the work plan. For 2024, the Bank’s HC
2024, rencana kerja pengelolaan HC Bank sebagai berikut:                    management work plan is as follows:
1. Penyempurnaan dan pengembangan penyusunan KPI                            1. Refining and developing KPI balance score card preparation
    balance score card melalui Human Resource Information                       through Human Resource Information System (HRIS);
    System (HRIS);




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2. Penginian Peraturan Perusahaan Online melalui Pppkb.                2. Updating Company Regulations Online through Pppkb.
   Kemnaker.Go.Id;                                                         Kemnaker.Go.Id;
3. Pemenuhan kewajiban sertifikasi kompetensi sesuai                   3. Fulfilling competency certification obligations in accordance
   ketentuan, meliputi:                                                    with provisions, including:
   a. Sertifikasi Manajemen Risiko;                                        a. Risk Management Certification;
   b. Sertifikasi Sistem Pembayaran dan Pengelolaan Uang                   b. Payment System Certification and Rupiah Money
       Rupiah (SPPUR);                                                         Management (SPPUR);
   c. Sertifikasi Tresuri Dealer;                                          c. Dealer Treasury Certification;
   d. Sertifikasi Audit; dan                                               d. Audit Certification; and
   e. Sertifikasi Kepatuhan;                                               e. Compliance Certification;
4. Penyelenggaraan program pelatihan penyegaran terkait                4. Organizing refreshment training programs related to
   sertifikasi kompetensi;                                                 competency certification;
5. Penyelenggaraan program pelatihan, baik secara inhouse              5. Organizing training programs, both in-house training,
   training yang diselenggarakan internal bekerja sama dengan              organized internally in cooperation with training vendors,
   vendor training dan juga training publik terkait sesuai dengan          and public-related training in accordance with training work
   rencana kerja pelatihan serta kebutuhan divisi kerja;                   plans and work division needs;
6. Pelaksanaan program pelatihan induksi bagi karyawan yang            6. Implementing induction training programs for new
   baru (onboarding);                                                      (onboarding) employees;
7. Pelaksanaan program pelatihan sosialisasi terkait penginian         7. Implementing dissemination training programs related
   kebijakan, sistem prosedur, dan juga produk Bank;                       to update of the Bank’s policies, system procedures, and
8. Penyusunan modul dan kurikulum kredit SME dalam rangka                  products;
   pengembangan Victoria Corporate University;                         8. Preparing SME credit modules and curriculum for the
9. Pelaksanaan pemenuhan kebutuhan karyawan serta                          development of Victoria Corporate University;
   senantiasa melakukan program rotasi dan mutasi untuk                9. Implementing employee needs and continuously carrying
   penyegaran dan pengembangan karier karyawan; dan                        out rotation and transfer programs to refresh and develop
                                                                           employee careers; and
10. Penyampaian pelaporan ketenagakerjaan kepada pihak                 10. Submitting employment reports to other related parties such
    terkait lainnya seperti Otoritas Jasa Keuangan, Bank                   as Financial Services Authority, Bank Indonesia, Ministry of
    Indonesia, Kementerian Ketenagakerjaan, Dinas Tenaga Kerja             Manpower, Regional Manpower and Transmigration Service,
    dan Transmigrasi Wilayah, Kantor Pajak, dan sebagainya.                Tax Office, and so on.


Pengelolaan Kesehatan dan Keselamatan Kerja                            Occupational Health and Safety Management
[POJK F.21]                                                            [POJK F.21]
Bank berkomitmen untuk menyediakan lingkungan kerja yang               The Bank is committed to providing a safe and comfortable work
aman dan nyaman sebagai pemenuhan hak karyawan sekaligus               environment to fulfill employee rights while maintaining business
menjaga produktivitas usaha. Komitmen tersebut diwujudkan              productivity. Such commitment is realized by paying attention
dengan memperhatikan tata ruang kerja yang dilengkapi dengan           to the work space arrangement which must be supported by
penerangan yang cukup, sirkulasi udara lancar, temperatur udara        adequate lighting, sufficient air circulation, air temperature
yang dapat disesuaikan melalui pendingin udara (AC), serta sarana      which can be adjusted through the air conditioner (AC), and
dan prasarana penunjang keselamatan kerja yang memadai.                adequate occupational safety supporting equipment.


Bank melakukan beberapa upaya untuk memastikan keselamatan             Bank regularly makes several efforts to ensure employees safety
dan keamanan karyawan secara berkala, salah satunya                    and security, one of which is by conducting lift maintenance as
dengan melakukan pemeliharaan lift sebagai fasilitas dengan            a facility with the high intensity of use. In addition, the Bank
intensitas penggunaan yang cukup tinggi. Selain itu, Bank juga         also uses anti radiation monitor to maintain employee’s healthy
menggunakan monitor komputer anti radiasi untuk menjaga                vision. Furthermore, the Bank has emergency plan and fire
kesehatan mata karyawan. Selanjutnya, Bank telah memiliki              evacuation handling scheme placed in all employee’s work space
skema penanganan rencana situasi darurat atau evakuasi                 on each floor in the building so that employees can easily identify
kebakaran yang ditempatkan di seluruh ruang kerja karyawan             them.
pada setiap lantai gedung agar mudah diketahui karyawan.




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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Bentuk kepedulian lain yang diperhatikan Bank terhadap                 Another form of concern that the Bank pays attention to
kesehatan dan keselamatan kerja karyawan diwujudkan dengan             employee’s occupational health and safety is realized by
mengikutsertakan pada program Jaminan Sosial Tenaga Kerja              registering the employees in the Workers’ Social Security
(Jamsostek) yang meliputi:                                             (Jamsostek) program which includes:
1. Program Jaminan Hari Tua (JHT);                                     1. Old Age Savings Program (JHT);
2. Program Jaminan Kecelakaan Kerja (JKK);                             2. Occupational Accident Program (JKK);
3. Program Jaminan Kematian (JKM); serta                               3. Death Benefit Program (JKM); and
4. Program Jaminan Pensiun (JP).                                       4. Pension Program (JP).


Selain program jaminan kesehatan, Bank juga mengikutsertakan           In addition to health insurance program, the Bank also registers
asuransi kesehatan untuk keluarga karyawan, mencakup                   employee’s family in health insurance which includes husband/
suami/istri dan anak. Asuransi kesehatan tersebut mencakup             wife and children. The health insurance covers health examination
pemeriksaan dan perawatan di rumah sakit, baik untuk rawat             and treatment in hospital, both for inpatient and outpatient, and
inap, rawat jalan, perawatan gigi, serta program melahirkan bagi       dental care, as well as employee’s maternity program.
istri karyawan.


Penanganan Keadaan Darurat Keselamatan Kerja                           Occupational Safety Emergency Handling
Penanganan keadaan darurat di Bank Victoria dimulai dengan             Emergency handling at Bank Victoria begins with identifying
mengidentifikasi potensi kecelakaan kerja di wilayah operasional,      potential occupational accidents in operational areas, among
yaitu:                                                                 others:
1. Kebakaran dan/atau ledakan;                                         1. Fire and/or explosion;
2. Faktor alam, seperti banjir, gempa bumi, tsunami, gunung            2. Nature factors, such as flood, earthquake, tsunami, volcano,
    meletus, dan lain-lain; serta                                          etc; and
3. Sabotase/aktivitas terorisme, ancaman bom, dan huru-hara.           3. Sabotage/ terrorism activities, bomb threats, and riots.


Berdasarkan hal tersebut, Bank telah menetapkan prosedur               Based on such matters, the Bank has established procedures to
untuk menangani keadaan darurat yang terjadi di wilayah                handle emergency situation that occurs in the Bank’s operational
operasional Bank.                                                      areas.


Tingkat Kecelakaan Kerja                                               Occupational Accident Rate
Selama 3 (tiga) tahun terakhir, tidak terdapat kasus kecelakaan        In the last 3 (three) years, there were no occupational accident
kerja yang terjadi di Bank. Hal tersebut merupakan dampak dari         cases that occurred at the Bank. This is the impact of the Bank’s
komitmen Bank dalam menyediakan lingkungan kerja yang layak            commitment to providing a decent and safe work environment.
dan aman.


Sarana Pengaduan terkait Pengelolaan HC                                Complaint Channel Related to HC Management
Pengaduan masalah atau konflik ketenagakerjaan dapat diajukan          Complaints regarding manpower problems or conflicts can be
kepada Divisi Human Capital Management & General Affair.               submitted to the Human Capital Management & General Affairs
Selama 3 (tiga) tahun terakhir Bank tidak menerima adanya              Division. Information on complaints received and followed up by
pengaduan terkait pengelolaan HC.                                      Bank Victoria in the past 3 (three) years is shown as follows:



Berkembang Bersama Masyarakat                                          Developing Together with the Community

Bank Victoria berkontribusi pada pembangunan ekonomi dan               Bank Victoria contributes to the community’s economic and
sosial masyarakat melalui program tanggung jawab sosial                social development through the corporate social responsibility
perusahaan (corporate social responsibility/CSR). Pelaksanaan          (CSR) programs. CSR program implementation refers to the Board
program CSR mengacu pada Surat Keputusan Direksi                       of Directors’ Decision Letter No. 002/SK-DIR/12/18 dated 19
No. 002/SK-DIR/12/18 tanggal 19 Desember 2018 entang                   December 2018 on Corporate Social Responsibility (CSR).
Corporate Social Responsibility (CSR).




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Visi dan Misi CSR
CSR Vision and Mission



               Visi / Mission


      Menjadi mitra dalam meningkatkan kualitas pendidikan, kesehatan,     To become a partner in improving the quality of education,
      dan kesejahteraan masyarakat untuk menjadi lebih baik serta ikut     health, and welfare of the community to be better and play
      berperan dalam membangun hubungan antara perusahaan dengan           a role in building sustainable relationships between the company
      masyarakat yang berkelanjutan.                                       and communities.




               Misi / Mission

      • Berpartisipasi dalam mengurangi keterbelakangan sosial             • To participate in reducing social backwardness in accordance
        kemasyarakatan sesuai dengan kapasitas dan kemampuan                 with the Company’s capacity and capabilities.
        perusahaan.
      • Berpartisipasi dalam meningkatkan kualitas pendidikan dasar        • To participate in improving the quality of basic education for
        bagi anak-anak sekolah.                                              school children.
      • Berupaya untuk mengimplementasikan cara-cara konservasi            • To make efforts to implement energy conservation methods in
        energi dalam rutinitas pekerjaan sehari-hari.                        daily work routines.
      • Berupaya untuk mendukung kegiatan serta aktivitas positif          • To make efforts to support positive activities through closer
        melalui kerja sama yang lebih dekat dengan berbagai komunitas        cooperation with various communities in the banking sector.
        di bidang perbankan.
      • Ikut serta berperan dalam program pemberdayaan masyarakat          • To continuously participate in community empowerment
        secara berkelanjutan.                                                program.




Penggunaan Tenaga Kerja Lokal [POJK F.25]                                  Use of Local Manpower [POJK F.25]
Bank Victoria memberikan kontribusi pada pertumbuhan                       Bank Victoria contributes to regional economic growth by
perekonomian daerah dengan memprioritaskan tenaga kerja lokal              prioritizing local manpower (domicile stated on ID card conforms
(domisili KTP sesuai wilayah operasional) sebagai karyawan Bank.           to the operational area) as Bank employees. This commitment
Komitmen ini tercermin dalam karyawan Bank yang seluruhnya                 is reflected by having all of the Bank’s employees of Indonesian
adalah Warga Negara Indonesia (WNI), dan sebanyak 67,46%                   nationality (WNI), and 67.46% among them are local manpower.
di antaranya merupakan tenaga kerja lokal.


Perbaikan Sarana dan Prasarana Sosial [POJK F.25]                          Social Facility and Infrastructure Repair [POJK F.25]
Di setiap tahunnya, Bank turut serta dalam kegiatan perbaikan              Every year, the Bank takes part in activities to repair social
sarana dan prasarana sosial dalam hal ini di bidang pendidikan.            facilities and infrastructure. Social facility and infrastructure
Perbaikan sarana dan prasarana sosial yang Bank lakukan di                 repairs that the Bank provided in 2023 are described as follows:
tahun 2023 diuraikan sebagai berikut:




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk          427
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      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




                                                                                                                               Penerima Manfaat
                 Kegiatan                                                      Lokasi
                                                                                                                                  Beneficiaries
                 Activity                                                     Location
                                                                                                                                (Orang / People)
Bantuan kelengkapan alat tulis sekolah          Sekolah Dasar Dewi Sartika, Cilincing, Jakarta Utara
                                                                                                                                       200
Assistance of school stationery.                Dewi Sartika Elementary School, Cilincing, North Jakarta
Pengadaan alat pendingin ruangan [AC].
                                                Sekolah Dasar Laksa Bhakti, Jembatan Lima, Jakarta Barat
Procurement of air conditioning [AC]                                                                                                     75
                                                Laksa Bhakti Elementary School, Jembatan Lima, West Jakarta
equipment.



Biaya Kegiatan Perbaikan Sarana dan Prasarana                                          Costs for Social Facility and Infrastructure
Sosial                                                                                 Repairs
Berikut informasi kegiatan perbaikan sarana dan prasarana sosial                       The following is information on activities to repair social facilities
yang telah dikeluarkan Bank selama 3 (tiga) tahun terakhir:                            and infrastructure carried out by the Bank in the past 3 (three) years:

                                                                                                                                        (dalam Rupiah / in Rupiah)


                        2023                                                    2022                                              2021
                     5,500,000                                                88,967,970                                        39,789,600



Pemberian Donasi [POJK F.25]                                                           Donation [POJK F.25]
Bank berupaya berkontribusi sebagai donatur dalam kegiatan-                            The Bank strives to contribute as a donor in beneficial activities
kegiatan yang bermanfaat bagi masyarakat. Pada tahun 2023,                             to the community. In 2023, the funding activities by the Bank
kegiatan yang dibantu pendanaannya oleh Bank ditunjukkan                               were shown as follows:
sebagai berikut:


                                                                                                                                  Penerima Manfaat
                                 Kegiatan                                                        Lokasi
                                                                                                                                     Beneficiaries
                                 Activity                                                       Location
                                                                                                                                   (Orang / People)
 Pemberian vitamin C untuk seluruh karyawan Bank                                Kantor Pusat dan Cabang Bank Victoria
                                                                                                                                              691
 Providing vitamin C to all Bank Victoria employees.                            Bank Victoria Head Office and Branches
 Pemberian paket bingkisan Hari Raya Lebaran untuk karyawan Bank                Kantor Pusat dan Cabang Bank Victoria
 Victoria.                                                                      Bank Victoria Head Office and Branches                        691
 Providing Eid al-Fitr gift packages to Bank Victoria employees.

 Pemberian vitamin untuk guru dan murid serta sarana penunjang                  SD Laksa Bhakti
 kegiatan belajar mengajar berupa 1 (satu) unit AC.                             Jl. Laksa III No. 6, RT 11 RW 1, Jemb. Lima
 Medical assistance in form of vitamins for teachers and students and           Kec. Tambora, Jakarta Barat, DKI Jakarta                      200
 facility to support teaching and learning activities in form of 1 (one) AC
 unit.

 Pemberian vitamin untuk guru dan murid serta sarana pendukung                  SD Dewi Sartika
 pendidikan berupa buku tulis.                                                  Gg. Manunggal 7 No. 19, RT 5 RW 15,
                                                                                                                                               75
 Medical assistance in the form of vitamins for teachers and students as        Kali Baru Kec. Cilincing, Jakarta Utara, DKI
 well as facility to support education in the form of notebooks.                Jakarta
 Bantuan dana pendidikan dan dana operasional Yayasan STT Iman.                 Jl. Wijaya I No. 29 - 31 Jakarta Selatan
 Assistance of educational funds and operational funds for STT Iman                                                                            10
 Foundation.

 Santunan CSR dalam rangka Bulan Suci Ramadhan tahun 2023, berupa               Pondok Pinang, Jakarta Selatan
 santunan ke Panti Asuhan Al – Qamariyah.
                                                                                                                                               30
 CSR compensation in the Holy Month of Ramadhan 2023, in form of
 compensation to Al – Qamariyah Orphanage.

 Santunan CSR dalam rangka Bulan Suci Ramadhan tahun 2023, berupa               Cikasungka, Solear, Tangerang
 santunan ke Panti Asuhan Chairul Amal.
                                                                                                                                               30
 CSR compensation in the Holy Month of Ramadhan 2023, in form of
 compensation to Chairul Amal Orphanage.

 Santunan CSR dalam rangka Bulan Suci Ramadhan tahun 2023, berupa               Jakarta
 santunan ke anak almarhum karyawan.
                                                                                                                                               13
 CSR compensation in the Holy Month of Ramadhan 2023, in form of
 compensation to children of deceased employees.

 CSR bantuan sosial kemasyarakatan ke Panti Tuna Netra Elsafan.                 Pondok Bambu, Jakarta Timur
                                                                                                                                               47
 CSR social assistance to Elsafan Home for the Blind.

 CSR bantuan sosial kemasyarakatan ke Yayasan Hati Suci.                        Jl. Hati Suci, Jakarta Pusat
                                                                                                                                               10
 CSR social assistance to Hati Suci Foundation.




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Biaya Kegiatan Pemberian Donasi                                          Cost for Donation Activity
Berikut informasi kegiatan pemberian donasi yang telah                   Information on donation activities carried out by the Bank in the
dikeluarkan Bank selama 3 (tiga) tahun terakhir:                         past 3 (three) years is as follows:

                                                                                                                        (dalam Rupiah / in Rupiah)


                   2023                                           2022                                             2021
                174,110,888                                  149,247,694                                        603,688,244



Dampak Operasi terhadap Masyarakat Sekitar                               Impact of Operations on Surrounding Community
[POJK F.23]                                                              [POJK F.23]
Secara umum, pengelolaan usaha Bank tidak menimbulkan                    In general, the management of the Bank’s business does not have
dampak negatif kepada masyarakat. Namun, kehadiran produk                a negative impact on the community. However, the presence of
Bank dan kegiatan CSR memberikan dampak positif serta manfaat            the Bank’s products and CSR activities have a positive impact and
bagi masyarakat umum. Dampak positif yang dapat dirasakan                benefits for the general public. The positive impact that can be felt
masyarakat di sekitar Bank adalah terbukanya lapangan kerja              by the community around the Bank is the opening of employment
dengan mengikuti proses rekrutmen Bank Victoria. Selain itu,             opportunities by participating in Bank Victoria’s recruitment
keberadaan Bank juga membuka peluang bagi pelaku usaha                   process. In addition, the existence of the Bank also opens up
lokal untuk menjadi pemasok atau vendor barang dan jasa yang             opportunities for local business actors to become suppliers or
dibutuhkan Bank. Dengan adanya dampak positif tersebut, maka             vendors of goods and services needed by the Bank. With this
akan membuka peluang terjadinya peningkatan taraf hidup                  positive impact, it will open up opportunities for an increase in
dan perekonomian masyarakat setempat. Selain membuka                     the standard of living and the economy of the local community.
lapangan kerja dan membuka peluang para pengusaha lokal                  In addition to opening employment opportunities and opening
menjadi pemasok, manfaat atas keberadaan Bank juga dirasakan             opportunities for local entrepreneurs to become suppliers, the
masyarakat melalui penerapan berbagai program kegiatan                   benefits of the Bank’s existence are also felt by the community
sebagai implementasi tanggung jawab sosial perusahaan.                   through the implementation of various activity programs as the
                                                                         implementation of corporate social responsibility.


Sarana Pengaduan Masyarakat [POJK F.24]                                  Community Complaint Channel [POJK F.24]
Bank Victoria mengimbau masyarakat untuk melaporkan                      Bank Victoria urges the community to report Bank activities that
aktivitas Bank yang melanggar peraturan dan merugikan pihak-             violate the regulations and harm certain parties through the
pihak tertentu melalui sarana pengaduan berikut:                         following complaint channels:
1. Call Center yang beroperasi 24 jam melalui panggilan                  1. 24 Hour Call Center 1500977;
    1500977;
2. E-mail customercare@victoriabank.co.id; dan                           2. E-mail customercare@victoriabank.co.id; and
3. Customer service yang berada di cabang-cabang terdekat                3. Customer services at the nearest branch offices that regularly
    yang secara berkala akan dilaporkan kepada kantor pusat                 submit the report to the head office regarding the complaint
    terkait data pengaduan dan tingkat penyelesaiannya.                     data and settlement status.


Hingga akhir tahun 2023, Bank Victoria tidak menerima adanya             Until the end of 2023, Bank Victoria did not receive any
pengaduan dari masyarakat akibat kegiatan CSR yang dijalankan.           complaints from the community on the CSR activities carried out.



Rantai Pasok yang Bertanggung Jawab                                      Responsible Supply Chain

Bank mengakui pentingnya mitra usaha dalam memperlancar                  The Bank recognizes the importance of business partners to
kegiatan operasional. Oleh karena itu, Bank memiliki proses              accelerate the operational activities. Therefore, the Bank has a
seleksi mitra usaha yang ketat untuk memastikan bahwa Bank               strict business partner selection process to ensure that the Bank
hanya bekerja dengan mitra usaha yang mematuhi undang-                   only works with business partners that comply with the applicable
undang dan peraturan yang berlaku. Proses ini membantu Bank              laws and regulations. This process helps the Bank to maintain
untuk mempertahankan standar kualitas yang tinggi di seluruh             high quality standards throughout the Bank’s operations.
operasi Bank.


Dengan bekerja sama dengan mitra usaha yang memiliki nilai dan           By cooperating with business partners who share the same values
komitmen yang sama dengan Bank, Bank membangun jaringan                  and commitments as the Bank, the Bank builds a network of
mitra yang dapat membantu Bank mencapai tujuan keberlanjutan             partners to help the Bank achieve its sustainability goals while
sambil memberikan layanan berkualitas tertinggi kepada nasabah.          providing the highest quality services to customers.



                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           429
Page 432
      Tanggung Jawab Sosial dan Lingkungan Hidup
      Corporate Social and Environmental Responsibility




Keberlanjutan Kinerja Lingkungan Hidup
Environmental Performance Sustainability



Kegiatan Usaha Berwawasan Lingkungan                                    Environmentally-Friendly Business Activities

Bank Victoria terus mendukung pencapaian SDGs di Indonesia              Bank Victoria continues to support the SDGs achievement in
melalui penyaluran kredit kepada kegiatan usaha yang                    Indonesia by lending to sustainable business activities. The main
berkelanjutan. Pertimbangan utama dalam memberikan kredit               consideration in providing loans is by considering direct and
adalah memperhatikan dampak langsung dan tidak langsung                 indirect impact on economic, social, and environmental aspects
terhadap keberlanjutan ekonomi, sosial, dan lingkungan dari             of sustainability from the financing. Therefore, the Bank has
penggunaan kredit. Oleh karena itu, Bank telah memetakan                mapped out the funded business groups and designed policies
kelompok usaha yang didanai dan merancang kebijakan terkait             related to such lending.
penyaluran kredit tersebut.



Pembiayaan dengan Pertimbangan Aspek                                    Financing by Considering the Environmental
Lingkungan Hidup                                                        Aspect

Bank mewajibkan kepemilikan dokumen Analisis Mengenai                   The Bank requires ownership of Environmental Impact Analysis
Dampak Lingkungan Hidup (AMDAL) bagi (calon) debitur yang               (AMDAL) document for (potential) debtor who manages land
mengelola lahan dengan luas 25 hektare atau lebih sebagai               of 25 hectares or more as a requirement in applying loan.
syarat pengajuan kredit. Kebijakan ini mengacu pada Keputusan           This policy refers to the Board of Directors’ Decision Letter
Direksi No. 025A/SK-DIR/09/23 tentang Standar Operasional               No. 025A/SK-DIR/09/23 on Guidelines for Commercial and
Prosedur Perkreditan Commercial dan SME PT Bank Victoria                Consumer Loans of PT Bank Victoria International Tbk. Through
International Tbk. Melalui AMDAL, Bank dapat menganalisis               AMDAL, the Bank can analyze the environmental impact of
dampak lingkungan dari kegiatan usaha debitur, memastikan               the debtor’s business activities, ensure the sustainability, and
keberlanjutan, dan menentukan pemberian kredit kepada (calon)           determine loan provision to (potential) debtor fulfilling the
debitur yang memenuhi persyaratan. Informasi penyaluran kredit          requirements. Information regarding lending with due observance
dengan pertimbangan aspek lingkungan hidup selama 3 (tiga)              of the environmental aspect for the past 3 (three) years is shown
tahun terakhir ditunjukkan sebagai berikut:                             below:

                                                                                                            (dalam juta Rupiah / in million Rupiah)


                               Debitur
                                                                        2023                     2022                         2021
                               Debtor
 PT Perkebunan Nusantara III                                                   -                210,787                      235,000

 PT Ungaran Sari Garment                                                59,269                   82,435                        98,647

 PT Lamipak Primula Ind                                                        -                 19,367                        19,625

 PT IGP International                                                   81,667                   89,257                        69,140

 PT Nada Surya Tunggal                                                         -                 24,702                        24,749

 PT Paberik Tekstil Kasrie                                                     -                  8,000                        16,000

 PT Pratama Unggul S                                                    23,233                    9,920                         8,867

 PT Kwala Gunung                                                       118,921                  146,433                      130,659

 PT Sweet Greens Indonesia                                              47,783                   11,482                               -

 PT Mitra Niaga Cornindo                                                21,753                   23,952                               -

 PT Mitra Sewatama Raya                                                 11,871                   59,534                               -

 PT Gaharu                                                              68,541                   77,106                               -

 PT Bina Mitra Makmur                                                  137,376                          -                             -




430        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                                                                                                                (dalam juta Rupiah / in million Rupiah)


                           Debitur
                                                                         2023                       2022                          2021
                           Debtor

 PT Samudera Parama Avirodha                                             28,889                     31,972                                -

 Henry Maknawi                                                           23,928                            -                              -

 Total                                                                  623,231                    794,947                       602,687




Penggunaan Material yang Ramah Lingkungan                                Use of Environmentally Friendly Material
[POJK F.5]                                                               [POJK F.5]


Kegiatan operasional Bank Victoria tidak banyak menggunakan              The operational activities of Bank Victoria do not use many raw
bahan baku, selain untuk keperluan administrasi dan perkantoran.         materials, other than for administrative and office purposes.
Meskipun demikian, Bank tetap menaruh pertimbangan pada                  However, the Bank continues to pay attention to the use of
penggunaan material yang ramah lingkungan dari peralatan dan             environmentally friendly materials in office equipment and
perlengkapan kantor. Bank pun mendorong seluruh karyawan                 supplies. The Bank also encourages all employees to reduce the
untuk mengurangi penggunaan material sekali pakai yang tidak             use of single-use materials unable to be recycled as an effort to
dapat didaur ulang sebagai salah satu upaya untuk mengurangi             reduce the waste volume piled up in final landfills. To support this
volume timbunan sampah di tempat pembuangan akhir. Untuk                 campaign, the Bank carries out programs:
mendukung kampanye ini, Bank melakukan program-program:
1. Mengganti penyediaan air minum kemasan dengan                         1. Replacing the provision of bottled drinking water by providing
    menyediakan gelas/tumbler;                                              glasses/tumblers;
2. Memakai kertas bekas sesuai kebutuhan dan memaksimalkan               2. Using used paper as needed and maximizing storage of
    penyimpanan dokumen dalam bentuk soft copy; dan                         documents in the form of soft copies;
3. Menggunakan program kantong/goodie bag ramah                          3. Using environmentally friendly bag/goodie bag program in
    lingkungan dalam berbagai kegiatan acara maupun sebagai                 various event activities and as merchandise/promotional
    merchandise/barang promosi ke nasabah;                                  items to customers;



Efisiensi Penggunaan Energi [POJK F.6] [POJK F.7]                        Using Energy Efficiently [POJK F.6] [POJK F.7]

Energi yang digunakan oleh Bank Victoria untuk mendukung                 Energy used by Bank Victoria to support its operations consists of
operasionalnya terdiri dari listrik dan bahan bakar minyak. Listrik      electricity and fuel oil. Electricity is used for electronic equipment,
digunakan untuk peralatan elektronik, pendingin ruangan,                 air conditioning, lighting, and elevator needs. Meanwhile, fuel oil
penerangan, dan kebutuhan lift. Sementara itu, bahan bakar               is used for operational vehicles. Some efforts carried out to save
minyak digunakan untuk kendaraan operasional. Beberapa upaya             energy are as follows:
penghematan energi yang dilakukan antara lain:
1. Mematikan peralatan elektronik, lampu dan AC yang sedang              1. Turn off electronic equipment, lights, and air conditioning
    tidak digunakan;                                                        when not in use;
2. Menggunakan lampu Light Emitting Diode (LED) yang lebih               2. Use Light Emitting Diode (LED) lamps which are more energy
    hemat energi; dan                                                       efficient; and
3. Mengurangi rapat secara tatap muka dan mengganti dengan               3. Reduce face-to-face meetings and replace them with online
    rapat online untuk mengurangi penggunaan bahan bakar                    meetings to reduce the use of fuel for transportation.
    alat transportasi;


                                             Satuan
                 Uraian                                      2023         2022          2021                       Description
                                              Unit
 Listrik                                        GJ         4,774.83      4,442.55      4,459.18                                          Electricity

 BBM                                            GJ         2,262.32      2,879.76      2,711.33                                                 Fuel

 Total                                          GJ         7,037.15     7,322.31      7,170.51                                                 Total




                                                        2023 Annual and Sustainability Report | PT Bank Victoria International Tbk              431
Page 434
       Tanggung Jawab Sosial dan Lingkungan Hidup
       Corporate Social and Environmental Responsibility




                                             Satuan
                  Uraian                                    2023         2022            2021                  Description
                                              Unit

                                            GJ/Juta Rp                                                           Intensity of Energy Use to
 Intensitas Penggunaan Energi                              0.00383      0.00448      0.00479
                                           GJ/Million Rp                                                                 Operating Income

                                            GJ/Juta Rp
 Capaian Efisiensi Energi                                  0.00064      0.00031      0.00061              Achievement of Energy Efficiency
                                           GJ/Million Rp



Hingga tahun 2023, Bank belum menggunakan energi terbarukan.            Until 2023, the Bank did not use any renewable energy.



Efisiensi Penggunaan Air [POJK F.8]                                     Using Water Efficiently [POJK F.8]

Bank Victoria menggunakan air untuk kepentingan kantor seperti          Bank Victoria uses water for office purpose such as sanitation
kebutuhan sanitasi dan rumah tangga kantor. Air yang digunakan          needs and office household. The water used by the Bank comes
Bank bersumber dari air dari Perusahaan Daerah Air Minum (PDAM).        from water from the Regional Drinking Water Company (PDAM).
Beberapa upaya penghematan air yang dilakukan antara lain:              Some efforts carried out to save water include:
1. Menggunakan sensor keran otomatis untuk penggunaan air               1. Using automatic faucet sensor for efficient use of water;
    secara efisien;
2. Meningkatkan kesadaran seluruh karyawan akan pentingnya              2. Increasing awareness of all employees on the importance of
    bijak dalam penggunaan air melalui brosur atau imbauan                 being wise in the use of water through brochures or appeals
    yang telah dibuat di beberapa titik sumber air (keran air);            that have been made at several points of water sources
3. Melakukan pengecekan secara berkala terhadap kondisi                    (water taps);
    keran, shower, toilet, dan meteran air, sehingga apabila ada        3. Regularly checking the condition of taps, showers, toilets,
    kerusakan, dapat dihindari terjadinya kebocoran yang dapat             and water meters, so that if there is damage, leaks which can
    membuang-buang air.                                                    waste water can be avoided.


Informasi terkait penggunaan air dalam 3 (tiga) tahun terakhir          Information on water usage in the past 3 (three) years is disclosed
diungkapkan sebagai berikut:                                            as follows:


                                             Satuan
                  Uraian                                    2023         2022            2021                  Description
                                              Unit
 Air                                            m3         18,746.74    5,494.06     5,756.90                                        Water

 Intensitas Penggunaan Air terhadap         m3/Juta Rp                                                            Intensity of Water Use to
                                                            0.01021     0.00336      0.00384
 Pendapatan Operasional                    m3/Million Rp                                                                 Operating Income

                                            m3/Juta Rp
 Capaian Penghematan Air                                   (0.00685)    0.00048      0.00070                 Achievement of Water Saving
                                           m3/Million Rp




Pengelolaan Limbah [POJK F.13] [POJK F.14] [POJK F.15]                  Waste Management [POJK F.13] [POJK F.14] [POJK F.15]

Sebagai perusahaan yang berkomitmen pada kelestarian                    As a company committed to environmental sustainability, the
lingkungan, Bank berupaya maksimal dalam mengurangi                     Bank makes its utmost efforts to reduce waste production by
produksi limbah dengan menerapkan prinsip 3R, yaitu reduce,             implementing 3R principles, namely reduce, reuse, and recycle.
reuse, dan recycle. Limbah yang dihasilkan Bank merupakan               The waste generated by the Bank is domestic waste, most of
limbah domestik, yang sebagian besar diantaranya berupa limbah          which is paper waste. In addition, the Bank does not produce
kertas. Selain itu, Bank tidak menghasilkan limbah yang termasuk        waste which includes hazardous and toxic waste (B3). The waste
bahan berbahaya dan beracun (B3). Bank juga tidak melakukan             processing is also not carried out by the Bank independently, but
pengolahan limbah secara mandiri, melainkan dilakukan oleh              rather carried out by the building management
pihak pengelola gedung.




432        PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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Berikut informasi penggunaan kertas Bank Victoria dalam 3 (tiga)        Information of Bank Victoria’s paper use in the past 3 (three)
tahun terakhir:                                                         years is as follows:


                                         Satuan
                 Uraian                                   2023             2022            2021                 Description
                                          Unit
                                           Rim               1,935             1,703          1,847
 Jumlah Kertas Terpakai                                                                                                  Total Paper Used
                                           Box                220                 169           122

                                           Rim                232                (144)          316
 Pengurangan Penggunaan Kertas                                                                                         Reduced Paper Use
                                           Box                     51             (47)          143

 Biaya Pengadaan Kertas                     Rp        134,935,301        125,015,266     102,428,820               Paper Procurement Cost


Namun demikian, Bank belum melakukan daur ulang limbah di               However, the Bank has not yet recycled waste in 2023.
tahun 2023.


Tumpahan yang Terjadi                                                   Spills
Sepanjang tahun 2023, tidak terdapat tumpahan limbah yang               Throughout 2023, there were no waste spills caused by the Bank
terjadi yang disebabkan oleh aktivitas Bank.                            activities.



Keanekaragaman Hayati [POJK F.9] [POJK F.10]                            Biodiversity [POJK F.9] [POJK F.10]

Bank mendukung ruang terbuka hijau di lingkungan operasional            The Bank supports green open space in the Bank’s operational
Bank, seperti melakukan penempatan pot tanaman di sekitar               environment, such as placing plant pots around the Bank’s
kantor Bank dan bekerja sama dengan pengelola gedung. Untuk             offices and cooperating with building managers. To support
mendukung keanekaragaman hayati, dilakukan penanaman dan                biodiversity, planting and maintenance of plants is carried out in
pemeliharaan tanaman secara berkelanjutan. Selain itu, wilayah          a sustainable manner. In addition, the Bank’s operational areas
operasional Bank tidak berada pada lokasi yang berdekatan               are not located near or in contact with protected areas or regions
atau bersinggungan dengan area yang dilindungi maupun                   with high biodiversity. Thus, the Bank’s operations do not have
kawasan yang memiliki keanekaragaman hayati tinggi. Dengan              any negative impact on biodiversity.
demikian, operasional Bank tidak berdampak negatif terhadap
keanekaragaman hayati.



Pengendalian Emisi [POJK F.11] [POJK F.12]                              Emission Control [POJK F.11] [POJK F.12]

Bank menghasilkan emisi dari energi yang digunakan. Untuk               The Bank produces emissions from the energy used. To see the
melihat dampaknya terhadap lingkungan, pengukuran berkala               impact on the environment, periodic measurements are carried
dilakukan sehingga dapat dipertimbangkan upaya pengurangan              out so that emission reduction efforts can be considered. To
emisi yang akan dilakukan. Untuk mengurangi emisi, Bank                 reduce emissions, the Bank seeks to carry out various initiatives
berupaya melakukan berbagai inisiatif dengan cara:                      by:
1. Penempatan tanaman hias di berbagai area Bank untuk                  1. Planting trees and ornamental plants in various areas of the
    meningkatkan oksigen dan menyerap debu;                                 Bank to increase oxygen and absorb dust;
2. Penghematan penggunaan energi listrik; dan                           2. Saving electrical energy use; and
3. Pengurangan perjalanan dinas dengan memaksimalkan                    3. Reducing business trip by maximizing online meetings and
    pertemuan secara daring dan memaksimalkan efektivitas                   maximizing the effectiveness of vehicle use, especially for
    penggunaan kendaraan, khususnya untuk perjalanan dinas                  business trip out of town.
    ke luar kota.




                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk     433
Page 436
       Tanggung Jawab Sosial dan Lingkungan Hidup
       Corporate Social and Environmental Responsibility




Informasi emisi yang dihasilkan di Bank ditunjukkan sebagai             Information on emissions generated at the Bank is shown as
berikut:                                                                follows:


                                             Satuan
                    Uraian                                  2023         2022            2021                 Description
                                              Unit
 Listrik                                    TonCO2eq      1,246.76      1,160.00     1,164.34                                  Electricity

 BBM                                        TonCO2eq        151.70       193.10          181.80                                      Fuel

 Total Emisi                                TonCO2eq      1,398.46     1,353.10      1,346.14                            Total Emissions

                                            TonCO2eq/
                                             Juta Rp
 Intensitas Emisi                                          0.00076      0.00083      0.00090                           Emission Intensity
                                            TonCO2eq/
                                            Million Rp

                                            TonCO2eq/
                                             Juta Rp
 Capaian Efisiensi Emisi                                   0.00007      0.00007      0.00003          Achievement of Emission Effi-ciency
                                            TonCO2eq/
                                            Million Rp




Sarana Pengaduan terkait Masalah Lingkungan                             Complaint Channel Related to Environmental
[POJK F.16]                                                             Issue [POJK F.16]

Pada tahun 2023, Bank belum menyediakan sarana pelaporan                In 2023, the Bank had not yet provided complaint channel related
pengaduan terkait masalah lingkungan mengingat kegiatan                 to environmental issues, considering that business activities
usaha yang dijalankan tidak berkaitan langsung dengan                   are not directly related to the environment. Nevertheless,
lingkungan hidup. Namun demikian, pemangku kepentingan                  stakeholders can submit complaints through email, call center,
dapat menyampaikan pengaduan apabila kegiatan Bank                      Bank website, or Bank social media, in the event that the Bank’s
mengganggu lingkungan hidup melalui email, call center, situs           activities disrupt the environment.
web Bank, ataupun media sosial Bank.


Hingga 3 (tiga) tahun terakhir, Bank tidak menerima pengaduan           Until the last 3 (three) years, the Bank has not received any
terkait lingkungan hidup.                                               complaints related to the environment.



Biaya Lingkungan Hidup [POJK F.4]                                       Environmental Costs [POJK F.4]

Bank belum secara spesifik melakukan pembiayaan untuk                   The Bank has not specifically financed environmental management
kegiatan pengelolaan lingkungan hidup. Biaya pengelolaan                activities. The Bank’s environmental management costs are an
lingkungan hidup Bank merupakan bagian yang tidak terpisahkan           integral part of the Bank’s operational costs.
dari biaya operasional Bank.




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INDEKS PENGUNGKAPAN KRITERIA POJK
NO. 51/POJK.03/2017 [G.4]
POJK Criteria Disclosure Index No. 51/POJK.03/2017


 No. Indeks                                                        Nama Indeks                                                     Halaman
 No. Index                                                         Index Name                                                       Page
STRATEGI KEBERLANJUTAN
SUSTAINABILITY STRATEGY

              Penjelasan Strategi Keberlanjutan
     A.1                                                                                                                                  4
              Explanation of Sustainability Strategy

IKHTISAR KINERJA ASPEK KEBERLANJUTAN
PERFORMANCE HIGHLIGHTS OF SUSTAINABILITY ASPECTS

              Aspek Ekonomi
     B.1                                                                                                                                 16
              Economic Aspects

              Aspek Lingkungan Hidup
     B.2                                                                                                                                 19
              Environmental Aspects

              Aspek Sosial
     B.3                                                                                                                                 19
              Social Aspects

PROFIL PERUSAHAAN
COMPANY PROFILE

              Visi, Misi, dan Nilai Keberlanjutan
     C.1                                                                                                                                 58
              Vision, Mission, and Sustainability Value

              Alamat Perusahaan
     C.2                                                                                                                                 54
              Company Address

              Skala Usaha                                                                                                               64; 88;
     C.3
              Business Scale                                                                                                           122; 406

              Produk, Layanan, dan Kegiatan Usaha yang Dijalankan
     C.4                                                                                                                                61; 62
              Products, Services, and Business Activities

              Keanggotaan pada Asosiasi
     C.5                                                                                                                                 70
              Membership in Association

              Perubahan Emiten dan Perusahaan Publik yang bersifat Signifikan
     C.6                                                                                                                                 55
              Significant Changes in Issuers and Public Companies

PENJELASAN DIREKSI
EXPLANATION FROM THE BOARD OF DIRECTORS

              Penjelasan Direksi
     D.1                                                                                                                                 40
              Explanation from the Board of Directors

TATA KELOLA KEBERLANJUTAN
SUSTAINABILITY GOVERNANCE

              Penanggung Jawab Penerapan Keuangan Berkelanjutan
     E.1                                                                                                                                 389
              Person in Charge of Sustainable Finance Implementation

              Pengembangan Kompetensi terkait Keuangan Berkelanjutan
     E.2                                                                                                                                 390
              Competence Development related to Sustainable Finance

              Penilaian Risiko atas Penerapan Keuangan Berkelanjutan
     E.3                                                                                                                                 391
              Risk Assessment of Sustainable Finance Implementation

              Hubungan dengan Pemangku Kepentingan
     E.4                                                                                                                                  9
              Relations with Stakeholders

              Permasalahan terhadap Penerapan Keuangan Berkelanjutan
     E.5                                                                                                                                 6-8
              Problems in Sustainable Finance Implementation




                                                          2023 Annual and Sustainability Report | PT Bank Victoria International Tbk          435
Page 438
 No. Indeks                                                           Nama Indeks                                                           Halaman
 No. Index                                                            Index Name                                                             Page
KINERJA KEBERLANJUTAN
SUSTAINABILITY PERFORMANCE

                                                                                                                                            248; 255;
                    Kegiatan Membangun Budaya Keberlanjutan                                                                                 258; 259;
      F.1
                    Building a Sustainability Culture                                                                                       262; 263;
                                                                                                                                            264; 265

KINERJA EKONOMI
ECONOMIC PERFORMANCE

                    Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi, Pendapatan dan Laba Rugi
      F.2           Comparison of Targets and Performance of Production, Portfolios, Financing Targets, or Investments, Income and Profit     391
                    and Loss

                    Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi pada Instrumen Keuangan atau Proyek
                    yang Sejalan dengan Keuangan Berkelanjutan
      F.3                                                                                                                                     391
                    Comparison of Targets and Performance of Portfolio, Financing Targets, or Investments on Financial Instruments or
                    Projects in Line with Sustainable Finance

KINERJA LINGKUNGAN HIDUP
ENVIRONMENTAL PERFORMANCE

Aspek Umum
General Aspect

                    Biaya Lingkungan Hidup
      F.4                                                                                                                                     418
                    Environmental Costs

Aspek Material
Material Aspect

                    Penggunaan Material yang Ramah Lingkungan
      F.5                                                                                                                                     415
                    Use of Environmentally Friendly Material

ASPEK ENERGI
ENERGY ASPECT

                    Jumlah dan Intensitas Energi yang Digunakan
      F.6                                                                                                                                   415-416
                    Amount and Intensity of Energy Consumed

                    Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan
      F.7                                                                                                                                     415
                    Efforts and Achievement of Energy Efficiency and Renewable Energy Consumed

Aspek Air
Water Aspect

                    Penggunaan Air
      F.8                                                                                                                                     416
                    Water Consumption

Aspek Keanekaragaman Hayati
Biodiversity Aspect

                    Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau Memiliki Keanekaragaman Hayati
      F.9                                                                                                                                     417
                    Impact of Operational Areas Adjacent to or in Conservation Areas or Areas with Biodiversity

                    Usaha Konservasi Keanekaragaman Hayati
      F.10                                                                                                                                    417
                    Biodiversity Conservation Effort

Aspek Emisi
Emission Aspect

                    Jumlah dan Intensitas Emisi yang Dihasilkan berdasarkan Jenisnya
      F.11                                                                                                                                    418
                    Amount and Intensity of Emissions Generated by Type

                    Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan
      F.12                                                                                                                                    417
                    Efforts and Achievements of Emission Reduction Implemented

Aspek Limbah dan Efluen
Waste and Effluent Aspect

                    Jumlah Limbah dan Efluen yang Dihasilkan berdasarkan Jenis
      F.13                                                                                                                                    417
                    Amount of Waste and Effluent Generated by Type

                    Mekanisme Pengelolaan Limbah dan Efluen
      F.14                                                                                                                                    416
                    Waste and Effluent Management Mechanisms

                    Tumpahan yang Terjadi (jika ada)
      F.15                                                                                                                                    417
                    Spills (if any)




436          PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 439
 No. Indeks                                                             Nama Indeks                                                  Halaman
 No. Index                                                              Index Name                                                    Page

Aspek Pengaduan terkait Lingkungan Hidup
Aspect of Complaints Related to the Environment Aspect of Complaints Related to the Environment

                 Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan
     F.16                                                                                                                               418
                 Number and Material of Environmental Complaints Received and Resolved

KINERJA SOSIAL
SOCIAL PERFORMANCE

                 Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa yang Setara kepada Pelanggan
     F.17                                                                                                                               396
                 Commitment to Providing Equal Products and/or Services to Customers

Aspek Ketenagakerjaan
Employment Aspect

                 Kesetaraan Kesempatan Bekerja
     F.18                                                                                                                               402
                 Equal Employment Opportunity

                 Tenaga Kerja Anak dan Tenaga Kerja Paksa
     F.19                                                                                                                               401
                 Child Labor and Forced Labor

                 Upah Minimum Regional
     F.20                                                                                                                               407
                 Regional Minimum Wage

                 Lingkungan Bekerja yang Layak dan Aman
     F.21                                                                                                                               410
                 Decent and Safe Work Environment

                 Pelatihan dan Pengembangan Kemampuan Pegawai
     F.22                                                                                                                               403
                 Employee Training and Development

Aspek Masyarakat
Community Aspect

                 Dampak Operasi terhadap Masyarakat Sekitar
     F.23                                                                                                                               413
                 Impact of Operations on Surrounding Community

                 Pengaduan Masyarakat
     F.24                                                                                                                               413
                 Community Complaints

                 Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)
     F.25                                                                                                                               412
                 Environmental Social Responsibility Activities

TANGGUNG JAWAB PENGEMBANGAN PRODUK/JASA BERKELANJUTAN
RESPONSIBILITY FOR SUSTAINABLE PRODUCT/SERVICE DEVELOPMENT

                 Inovasi dan Pengembangan Produk/Jasa Keuangan Berkelanjutan
     F.26                                                                                                                               397
                 Sustainable Finance Products/Services Innovation and Development

                 Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Pelanggan
     F.27                                                                                                                               399
                 Products/Services with Evaluated Customer Safety

                 Dampak Produk/Jasa
     F.28                                                                                                                               396
                 Impacts of Products/Services

                 Jumlah Produk yang Ditarik Kembali
     F.29                                                                                                                               399
                 Number of Products Recalled

                 Survei Kepuasan Pelanggan terhadap Produk dan/atau Jasa Keuangan Berkelanjutan
     F.30                                                                                                                               399
                 Customer Satisfaction Survey on Sustainable Finance Products and/or Services

LAIN-LAIN
MISCELLANEOUS

                 Verifikasi Tertulis dari Pihak Independen (jika ada)
     G.1                                                                                                                                422
                 Written Verification from Independent Party (if any)

                 Lembar Umpan Balik
     G.2                                                                                                                                423
                 Feedback Form

                 Tanggapan terhadap Umpan Balik Laporan Tahun Sebelumnya
     G.3                                                                                                                                422
                 Responses to Previous Year’s Report Feedback

                 Daftar Pengungkapan sesuai Peraturan Otoritas Jasa Keuangan No. 51/POJK.03/2017 tentang Penerapan Keuangan
                 Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik.
     G.4                                                                                                                                425
                 List of Disclosures According to Financial Services Authority Regulation No. 51/POJK.03/2017 on Implementation of
                 Sustainable Finance for Financial Services Institutions, Issuers, and Public Companies.




                                                           2023 Annual and Sustainability Report | PT Bank Victoria International Tbk     437
Page 440
TANGGAPAN TERHADAP UMPAN BALIK LAPORAN
TAHUN SEBELUMNYA [G.3]
Responses to Previous Year’s Report Feedback

Bank Victoria tidak menerima tanggapan dan umpan balik                 Bank Victoria did not receive any responses and feedback to the
terhadap Laporan Keberlanjutan Tahun 2022. Namun demikian,             2022 Sustainability Report. Nevertheless, Bank Victoria strives to
Bank Victoria berupaya untuk menyempurnakan isi Laporan                refine the contents of the 2023 Sustainability Report pursuant to
Keberlanjutan Tahun 2023 sesuai dengan kinerja keberlanjutan           sustainability performance during the reporting year.
selama tahun pelaporan.




VERIFIKASI TERTULIS DARI PIHAK INDEPENDEN [POJK.G.1]
WRITTEN VERIFICATION FROM INDEPENDENT PARTY

Laporan Keberlanjutan ini tidak dilakukan verifikasi oleh penyedia     This Sustainability Report has not been verified by an external
jasa assurance eksternal. Namun demikian, Bank menjamin                assurance service provider. Nonetheless, the Bank guarantees
bahwa seluruh informasi yang disampaikan dalam laporan ini             that all information presented in this report is true, accurate, and
adalah benar, akurat, dan faktual.                                     factual.




438       PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
Page 441
LEMBAR UMPAN BALIK [G.2]
Feedback Form


Setelah membaca Laporan Keberlanjutan PT Bank Victoria International Tbk, kami mohon kesediaan para pemangku kepentingan untuk
memberikan umpan balik dengan mengirim e-mail atau mengirim formulir ini melalui fax/pos.
After reading this Sustainability Report of PT Bank Victoria International Tbk, we would like to ask all stakeholders to kindly provide feedback by
sending e-mail or sending this form by fax/mail.

                                                       Pertanyaan                                                                                                               Setuju                Tidak Setuju
                                                        Questions                                                                                                               Agree                   Disagree
 Laporan ini telah memberikan informasi yang bermanfaat mengenai kinerja ekonomi, sosial, dan lingkungan perusahaan.
                                                                                                                                                                                     …..                         …..
 This report has provided useful information on economic, social, and environmental performance of the company.

 Data dan informasi yang diungkapkan mudah dipahami, lengkap, transparan, dan berimbang.
                                                                                                                                                                                     …..                         …..
 Data and information disclosed are easy to understand, complete, transparent, and balanced.

 Data dan informasi yang disajikan berguna dalam pengambilan keputusan.
                                                                                                                                                                                     …..                         …..
 Data and information presented are useful for making decision.

 Laporan ini menarik dan mudah dibaca.
 This report is interesting and easy to read.
                                                                                                                                                                                     …..                        …..

Mohon berikan nilai mengenai aspek yang terdapat dalam laporan ini (nilai 1 = paling penting, 2 = penting, 3 = tidak penting, 4 = sangat tidak penting).
Please score on aspects presented in this report (1 = most important, 2 = important, 3 = less important, 4 = least important).
      Kinerja Ekonomi                                                                                     Anti-Fraud
      Economic Performance                                                                                Anti-Fraud
      Pinjaman UMKM                                                                                       Privasi Nasabah
      MSME Loans                                                                                          Customer Privacy
      Pemberian Kredit dengan Pertimbangan Aspek Lingkungan                                               Penggunaan Energi
      Providing Loans with the Consideration of Environmental Aspects                                     Energy Consumption
      Kesetaraan Gender dan Kesempatan Kerja yang Adil                                                    Penggunaan Air
      Gender Equality and Fair Job Opportunity                                                            Water Consumption
      Pelatihan dan Pendidikan                                                                            Pengelolaan Limbah
      Training and Education                                                                              Waste Treatment
      Kesehatan dan Keselamatan Kerja                                                                     Pengembangan Masyarakat
      Occupational Health and Safety                                                                      Community Development

Mohon berikan komentar/saran/usulan bagi laporan ini.
Please provide your comments/suggestions/ideas for this report.
……………………………………………………………………………………………………………………………………………………………………………………………….…………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………………….…………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………………….…………………………………………………

Profil Anda / Your Profile
Nama / Name                                                : ....................................................................................................................................................................
Pekerjaan / Occupation                                     : ....................................................................................................................................................................
Institusi/Perusahaan / Institution/Company                 : ....................................................................................................................................................................
Kontak (telepon, e-mail) Contact (telephone, e-mail)       : ....................................................................................................................................................................

Kategori Pemangku Kepentingan / Category of Stakeholder
      Pemerintah                                Nasabah                                                   Karyawan                                                          Mitra Usaha
      Government                                Customer                                                  Employees                                                         Business Partners

                                                Masyarakat                                                LSM                                                               Lain-Lain, ….
      Media
                                                Community                                                 NGO                                                               Others, ….

Saran dan tanggapan yang Anda berikan atas informasi yang disajikan dalam laporan ini mohon dikirimkan kepada:
Please send your suggestion and response to the information presented in this report to:
Kantor Pusat Bank Victoria                                                                     T           : (021) 522 8888
Gedung Graha BIP Lt. 10                                                                        F           : (021) 522 8777
Jl. Gatot Subroto Kav. 23                                                                      Call Center : 15009 77
Jakarta Selatan 12930                                                                          W           : www.victoriabank.co.id
                                                                                               E           : corsec@victoriabank.co.id




                                                                     2023 Annual and Sustainability Report | PT Bank Victoria International Tbk                                                                          439
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This page has intentionally left blank.
Page 443
Kriteria Penyampaian Laporan Tahunan
berdasarkan SEOJK No. 16/SEOJK.04/2021
Criteria for Annual Report Submission based on SEOJK
No. 16/SEOJK.04/2021



                         Kriteria                                                             Penjelasan                                      Halaman
                         Criteria                                                             Explanation                                      Page

Ketentuan Umum / General Provisions

Laporan Tahunan disajikan dalam bentuk dokumen cetak dan dokumen elektronik.
The Annual Report is presented in the form of printed documents and electronic documents.

Laporan Tahunan yang disajikan dalam bentuk dokumen cetak, dicetak pada kertas yang berwarna terang, berkualitas baik, berukuran A4,
dijilid, dan dapat diperbanyak dengan kualitas yang baik.
The Annual Report is presented in hardcopy format, printed on bright colored paper, of good quality, A4 size, bound, and can be reproduced
in good quality.

Laporan Tahunan dapat menyajikan informasi berupa gambar, grafik, tabel, dan/atau diagram dengan mencantumkan judul dan/atau
keterangan yang jelas, sehingga mudah dibaca dan dipahami.
The Annual Report can present information in the form of pictures, graphs, tables and/or diagrams by including clear titles and/or
descriptions, so that they are easy to read and understand.

Laporan Tahunan yang disajikan dalam bentuk dokumen elektronik merupakan Laporan Tahunan yang dikonversi dalam portable document
format (PDF).
The Annual Report presented in the form of an electronic document is an Annual Report that is converted in portable document format
(PDF).

Isi Laporan Tahunan / Annual Report Contents

Kilas Kinerja / Performance Highlights

Ikhtisar data keuangan penting memuat informasi keuangan        Informasi memuat antara lain:                                                   14
yang disajikan dalam bentuk perbandingan selama 3 (tiga)        1. Pendapatan/penjualan;
tahun buku atau sejak memulai usahanya jika Emiten atau         2. Laba bruto;
Perusahaan Publik tersebut menjalankan kegiatan usahanya        3. Laba (rugi);
kurang dari 3 (tiga) tahun.                                     4. Jumlah laba (rugi) yang dapat diatribusikan kepada pemilik entitas induk
Summary of important financial data contains financial              dan kepentingan non pengendali;
information presented in comparative form for 3 (three)         5. Total laba (rugi) komprehensif;
financial years or since the business starts if the Issuer or   6. Jumlah laba (rugi) komprehensif yang dapat diatribusikan kepada
Public Company started its business in less than 3 (three)          pemilik entitas induk dan kepentingan non-pengendali;
years ago.                                                      7. Laba (rugi) per saham;
                                                                8. Jumlah aset;
                                                                9. Jumlah liabilitas;
                                                                10. Jumlah ekuitas;
                                                                11. Rasio laba (rugi) terhadap jumlah aset;
                                                                12. Rasio laba (rugi) terhadap ekuitas;
                                                                13. Rasio laba (rugi) terhadap pendapatan;
                                                                14. Rasio lancar;
                                                                15. Rasio liabilitas terhadap ekuitas;
                                                                16. Rasio liabilitas terhadap jumlah aset; dan
                                                                17. Informasi dan rasio keuangan lainnya yang relevan dengan perusahaan
                                                                    dan jenis industrinya.
                                                                Information includes, among others:
                                                                1. Revenue/sales;
                                                                2. Gross profit;
                                                                3. Profit (loss);
                                                                4. Total profit (loss) attributable to owners of the parent entity and non-
                                                                     controlling interests;
                                                                5. Total comprehensive profit (loss);
                                                                6. Total comprehensive profit (loss) attributable to owners of the parent
                                                                     entity and non-controlling interests;
                                                                7. Earnings (loss) per share;
                                                                8. Total assets;
                                                                9. Total liabilities;
                                                                10. Total equity;




                                                                2023 Annual and Sustainability Report | PT Bank Victoria International Tbk           441
Page 444
                      Kriteria                                                        Penjelasan                                         Halaman
                      Criteria                                                        Explanation                                         Page

                                                      11. Profit (loss) to total assets ratio;
                                                      12. Profit (loss) to equity ratio;
                                                      13. Profit (loss) to revenue ratio;
                                                      14. Current ratio;
                                                      15. Liabilities to equity ratio;
                                                      16. Liabilities to total assets ratio; and
                                                      17. Information and other financial ratios that are relevant to the company
                                                          and the type of industry.

Informasi Saham                                       Informasi saham bagi Perusahaan Terbuka paling sedikit memuat:                       20
Share Information                                     1. Saham yang telah diterbitkan untuk setiap masa triwulan yang disajikan
                                                         dalam bentuk perbandingan selama 2 (dua) tahun buku terakhir, paling
                                                         sedikit memuat:
                                                         a. Jumlah saham yang beredar;
                                                         b. Kapitalisasi pasar berdasarkan harga pada bursa efek tempat saham
                                                            dicatatkan;
                                                         c. Harga saham tertinggi, terendah, dan penutupan berdasarkan harga
                                                            pada bursa efek tempat saham dicatatkan; dan
                                                         d. Volume perdagangan pada bursa efek tempat saham dicatatkan.
                                                         Informasi dalam huruf b), huruf c) dan huruf d) hanya diungkapkan jika
                                                         sahamnya tercatat di bursa efek;
                                                      2. Dalam hal terjadi aksi korporasi yang menyebabkan terjadinya perubahan
                                                         pada saham, seperti pemecahan saham (stock split), penggabungan
                                                         saham (reverse stock), dividen saham, saham bonus, perubahan nilai
                                                         nominal saham, penerbitan efek konversi, serta penambahan dan
                                                         pengurangan modal, informasi saham sebagaimana dimaksud pada
                                                         angka 1) ditambahkan penjelasan paling sedikit mengenai:
                                                         a. Tanggal pelaksanaan aksi korporasi;
                                                         b. Rasio pemecahan saham (stock split), penggabungan saham (reverse
                                                            stock), dividen saham, saham bonus, jumlah efek konversi yang
                                                            diterbitkan, dan perubahan nilai nominal saham;
                                                         c. Jumlah saham beredar sebelum dan sesudah aksi korporasi;
                                                         d. Jumlah efek konversi yang dilaksanakan (jika ada); dan
                                                         e. Harga saham sebelum dan sesudah aksi korporasi;
                                                      3. Dalam hal terjadi penghentian sementara perdagangan saham
                                                         (suspension) dan/atau pembatalan pencatatan saham (delisting) dalam
                                                         tahun buku, dijelaskan alas an penghentian sementara perdagangan
                                                         saham (suspension) dan/atau pembatalan pencatatan saham (delisting)
                                                         tersebut; dan
                                                      4. Dalam hal penghentian sementara perdagangan saham (suspension)
                                                         sebagaimana dimaksud pada angka 3) dan/atau proses pembatalan
                                                         pencatatan saham (delisting) masih berlangsung hingga akhir periode
                                                         laporan tahunan, dijelaskan tindakan yang dilakukan untuk menyelesaikan
                                                         penghentian sementara perdagangan saham (suspension) dan/atau
                                                         pembatalan pencatatan saham (delisting) tersebut.

                                                      Information on shares for Public Companies at least contains:
                                                      1. Shares that have been issued for each quarter, presented in comparative
                                                         form for the last 2 (two) financial years, at least contain:
                                                         a. Number of outstanding shares;
                                                         b. Market capitalization based on the price on the stock exchange where
                                                            the shares are listed;
                                                         c. The highest, lowest, and closing share prices based on the price on the
                                                            stock exchange where the shares are listed; and
                                                         d. Trading volume on the stock exchange where the shares are listed.
                                                            Information in letter b), letter c) and letter d) is only disclosed if the
                                                            shares are listed on the stock exchange;
                                                      2. In the event of a corporate action causing a change in shares, such as
                                                         stock split, reverse stock, share dividends, bonus shares, changes in the
                                                         nominal value of shares, issuance of convertible securities, as well as
                                                         capital increase and decrease, share information as referred to in number
                                                         1) shall be added with an explanation of at least:
                                                         a. The corporate action execution date;
                                                         b. Ratio of stock split, reverse stock, stock dividends, bonus shares,
                                                            number of convertible securities issued, and changes in share par
                                                            value;
                                                         c. The number of outstanding shares before and after the corporate
                                                            action;
                                                         d. The number of convertible securities executed (if any); and
                                                         e. Share prices before and after corporate actions;




442      PT Bank Victoria International Tbk | Laporan Tahunan dan Keberlanjutan 2023
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                         Kriteria                                                              Penjelasan                                       Halaman
                         Criteria                                                              Explanation                                       Page

                                                                 3. In the event of temporary suspension of share trading and/or delisting of
                                                                    share in the financial year, the reasons for the temporary suspension of
                                                                    share trading and/or delisting of share must be explained; and
                                                                 4. In the event of temporary suspension of share trading as referred to in
                                                                    number 3) and/or the process of delisting of shares is still ongoing at
                                                                    the end of the annual report period, the actions taken to resolve the
                                                                    temporary suspension of share trading and/or delisting of share must be
                                                                    explained.

Laporan Direksi dan Dewan Komisaris / Report of the Board of Directors and Board of Commissioners

Laporan Direksi                                                  Laporan Direksi paling sedikit memuat uraian singkat mengenai:                   40
Board of Directors’ Report                                       1. Kinerja Emiten atau Perusahaan Publik, paling sedikit memuat:
                                                                    a. Strategi dan kebijakan strategis Emiten atau Perusahaan Publik;
                                                                    b. Peranan Direksi dalam perumusan strategi dan kebijakan strategis
                                                                       Emiten atau Perusahaan Publik;
                                                                    c. Proses yang dilakukan Direksi untuk memastikan implementasi
                                                                       strategi Emiten atau Perusahaan Publik;
                                                                    d. Perbandingan antara hasil yang dicapai dengan yang ditargetkan
                                                                       Emiten atau Perusahaan Publik; dan
                                                                    e. Kendala yang dihadapi Emiten atau Perusahaan Publik;
                                                                 2. Gambaran tentang prospek usaha Emiten atau Perusahaan Publik; dan
                                                                 3. Penerapan tata kelola Emiten atau Perusahaan Publik.

                                                                 The Board of Directors’ report contains at least a brief description of:
                                                                 1. Performance of Issuers or Public Companies, at least includes:
                                                                    a. Issuer’s or Public Company’s strategy and strategic policies;
                                                                    b. The role of the Board of Directors in formulating the strategy and
                                                                       strategic policies of the Issuer or Public Company;
                                                                    c. The process carried out by the Board of Directors to ensure the
                                                                       implementation of the Issuer’s or Public Company’s strategy;
                                                                    d. Comparison between the results achieved and those targeted by the
                                                                       Issuer or Public Company; and
                                                                    e. Obstacles faced by Issuers or Public Companies;
                                                                 2. An overview of the business prospects of the Issuer or Public Company;
                                                                    and
                                                                 3. Implementation of Issuer or Public Company governance.

Laporan Dewan Komisaris                                          Laporan Dewan Komisaris paling sedikit memuat uraian singkat mengenai:           32
Board of Commissioners’ Report                                   1. Penilaian terhadap kinerja Direksi mengenai pengelolaan Emiten atau
                                                                    Perusahaan Publik, termasuk pengawasan Dewan Komisaris dalam
                                                                    perumusan dan implementasi strategi Emiten atau Perusahaan Publik
                                                                    yang dilakukan oleh Direksi;
                                                                 2. Pandangan atas prospek usaha Emiten atau Perusahaan Publik yang
                                                                    disusun oleh Direksi; dan
                                                                 3. Pandangan atas penerapan tata kelola Emiten atau Perusahaan Publik.

                                                                 The Board of Commissioners’ report contains at least a brief description of:
                                                                 1. Assessment of the Board of Directors’ performance regarding the
                                                                    management of the Issuer or Public Company, including the Board of
                                                                    Commissioners’ oversight in the formulation and implementation of
                                                                    the Issuer’s or Public Company’s strategy carried out by the Board of
                                                                    Directors;
                                                                 2. Views on the business prospects of the Issuer or Public Company prepared
                                                                    by the Board of Directors; and
                                                                 3. Views on the implementation of governance of the Issuer or Public
                                                                    Company.

Profil Perusahaan / Company Profile

1. Nama Emiten atau Perusahaan Publik termasuk apabila                                                                                            54
   terdapat perubahan nama, alasan perubahan, dan
   tanggal efektif perubahan nama pada tahun buku.
   Name of Issuer or Public Company including if there is a
   name change, reasons for the change, and the effective
   date of the name change in the financial year.

2. Akses terhadap Emiten atau Perusahaan Publik                  a. Alamat;                                                                       54
   termasuk kantor cabang atau kantor perwakilan yang            b. Nomor telepon;
   memungkinkan masyarakat dapat memperoleh informasi            c. Alamat surat elektronik; dan
   mengenai Emiten atau Perusahaan Publik.                       d. Alamat situs web.
   Access to Issuers or Public Companies including branch        a. Address;
   offices or representative offices that enable the public to   b. Phone number;
   obtain information about Issuers or Public Companies.         c. Electronic mail address; and
                                                                 d. Website address.



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                          Kriteria                                                           Penjelasan                                       Halaman
                          Criteria                                                           Explanation                                       Page

3. Riwayat singkat Emiten atau Perusahaan Publik.                                                                                               N/A
   Brief history of Issuer or Public Company.

4. Visi dan misi Emiten atau Perusahaan Publik serta                                                                                           58, 60
   budaya perusahaan (corporate culture) atau nilai-nilai
   perusahaan.
  Issuer’s or Public Company’s vision and mission and
  corporate culture or corporate values.

5. Kegiatan usaha menurut anggaran dasar terakhir,                                                                                             61, 62
   kegiatan usaha yang dijalankan pada tahun buku, serta
   jenis barang dan/atau jasa yang dihasilkan.
   Business activities according to the latest articles
   of association, business activities carried out in the
   financial year, and types of goods and/or services
   produced.

6. Wilayah operasional Emiten atau Perusahaan Publik;                                                                                          64, 66
   wilayah operasional merupakan wilayah atau daerah
   pelaksanaan kegiatan operasional atau jangkauan dari
   kegiatan operasional perusahaan.
   The operational area of the Issuer or Public Company;
   operational area is the area or region where the
   operational activities take place or the coverage area of
   the company’s operational activities.

7. Struktur organisasi Emiten atau Perusahaan Publik                                                                                            68
   dalam bentuk bagan, paling sedikit sampai dengan
   struktur 1 (satu) tingkat di bawah Direksi termasuk
   komite di bawah Direksi (jika ada) dan komite di bawah
   Dewan Komisaris, disertai dengan nama dan jabatan.
   The organizational structure of the Issuer or Public
   Company in the form of a chart, at least up to 1 (one)
   level below the Board of Directors including committees
   under the Board of Directors (if any) and committees
   under the Board of Commissioners, accompanied by
   names and positions.

8. Daftar keanggotaan asosiasi industri baik dalam skala                                                                                        70
   nasional maupun internasional yang berkaitan dengan
   penerapan keuangan berkelanjutan.
   List of industry association memberships both on
   a national and international scale related to the
   implementation of sustainable finance.

9. Profil Direksi.                                             a. Nama dan jabatan yang sesuai dengan tugas dan tanggung jawab;                 74
   Board of Directors’ Profile.                                b. Foto terbaru;
                                                               c. Usia;
                                                               d. Kewarganegaraan;
                                                               e. Riwayat pendidikan dan/atau sertifikasi;
                                                               f. Riwayat jabatan, meliputi informasi:
                                                                  1) Dasar hukum pengangkatan sebagai anggota Direksi pada Emiten atau
                                                                     Perusahaan Publik yang bersangkutan;
                                                                  2) Rangkap jabatan, baik sebagai anggota Direksi, anggota Dewan
                                                                     Komisaris, dan/atau anggota komite serta jabatan lainnya baik di
                                                                     dalam maupun di luar Emiten atau Perusahaan Publik. Dalam hal
                                                                     anggota Direksi tidak memiliki rangkap jabatan, maka diungkapkan
                                                                     mengenai hal tersebut; dan
                                                                  3) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                                     luar Emiten atau Perusahaan Publik;
                                                               g. Hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan
                                                                  Komisaris, pemegang saham utama, dan pengendali baik langsung
                                                                  maupun tidak langsung sampai kepada pemilik individu, meliputi nama
                                                                  pihak yang terafiliasi. Dalam hal anggota Direksi tidak memiliki hubungan
                                                                  afiliasi, maka Emiten atau Perusahaan Publik mengungkapkan hal
                                                                  tersebut; dan
                                                               h. Perubahan komposisi anggota Direksi dan alasan perubahannya.
                                                                  Dalam hal tidak terdapat perubahan komposisi anggota Direksi, maka
                                                                  diungkapkan mengenai hal tersebut.




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                                       a. Name and position according to duties and responsibilities;
                                       b. Latest photos;
                                       c. Age;
                                       d. Citizenship;
                                       e. Educational history and/or certification;
                                       f. Position history, including information on:
                                          1) The legal basis of appointment as a member of the Board of Directors
                                             of the Issuer or Public Company concerned;
                                          2) Concurrent positions, as members of the Board of Directors, members
                                             of the Board of Commissioners, and/or committee members as well
                                             as other positions inside and outside the Issuer or Public Company.
                                             In the event that members of the Board of Directors do not have
                                             concurrent positions, then this shall be disclosed; and
                                          3) Work experience and time period inside and outside the Issuer or
                                             Public Company;
                                       g. Affiliation with other members of the Board of Directors, members
                                          of the Board of Commissioners, major and controlling shareholders,
                                          either directly or indirectly up to individual owners, including names of
                                          affiliated parties. In the event that members of the Board of Directors
                                          have no affiliation, then the Issuer or Public Company shall disclose this
                                          matter; and
                                       h. Changes in the composition of members of the Board of Directors and
                                          reasons for the changes. In the event that there is no change in the
                                          composition of the members of the Board of Directors, this shall be
                                          disclosed.

10. Profil Dewan Komisaris.            a. Nama dan jabatan;                                                              71
    Board of Commissioners’ Profile.   b. Foto terbaru;
                                       c. Usia;
                                       d. Kewarganegaraan;
                                       e. Riwayat pendidikan dan/atau sertifikasi;
                                       f. Riwayat jabatan, meliputi informasi:
                                          1) Dasar hukum pengangkatan sebagai anggota dewan komisaris;
                                          2) Dasar hukum pengangkatan pertama kali sebagai anggota dewan
                                             komisaris yang merupakan komisaris independen pada emiten atau
                                             perusahaan publik yang bersangkutan;
                                          3) Rangkap jabatan, baik sebagai anggota dewan komisaris, anggota
                                             direksi, dan/atau anggota komite serta jabatan lainnya baik di dalam
                                             maupun di luar emiten atau perusahaan Publik. Dalam hal anggota
                                             Dewan Komisaris tidak memiliki rangkap jabatan, maka diungkapkan
                                             mengenai hal tersebut; dan
                                          4) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                             luar Emiten atau Perusahaan Publik;
                                       g. Hubungan afiliasi dengan anggota Dewan Komisaris lainnya, pemegang
                                          saham utama, dan pengendali baik langsung maupun tidak langsung
                                          sampai kepada pemilik individu, meliputi nama pihak yang terafiliasi;
                                          Dalam hal anggota Dewan Komisaris tidak memiliki hubungan afiliasi,
                                          maka Emiten atau Perusahaan Publik mengungkapkan hal tersebut;
                                       h. Pernyataan independensi komisaris independent dalam hal komisaris
                                          independen telah menjabat lebih dari 2 (dua) periode; dan
                                       i. Perubahan komposisi anggota Dewan Komisaris dan alasan
                                          perubahannya. Dalam hal tidak terdapat perubahan komposisi anggota
                                          Dewan Komisaris, maka diungkapkan mengenai hal tersebut.

                                       a. Name and position;
                                       b. Latest photos;
                                       c. Age;
                                       d. Citizenship;
                                       e. Educational history and/or certification;
                                       f. Position history, including information on:
                                          1) Legal basis of appointment as a member of the board of commissioners;
                                          2) The legal basis for the first appointment as a member of the board of
                                             commissioners who is an independent commissioner at the issuer or
                                             public company concerned;
                                          3) Concurrent positions, as members of the board of commissioners,
                                             members of the board of directors, and/or committee members
                                             as well as other positions inside and outside the issuer or public
                                             company. In the event that members of the Board of Commissioners
                                             do not have concurrent positions, then this shall be disclosed; and
                                          4) Work experience and time period inside and outside the Issuer or
                                             Public Company;




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                                                               g. Affiliation with other members of the Board of Commissioners, major
                                                                  and controlling shareholders, either directly or indirectly up to individual
                                                                  owners, including names of affiliated parties; In the event that members
                                                                  of the Board of Commissioners have no affiliation, the Issuer or Public
                                                                  Company shall disclose this matter;
                                                               h. Statement of independency of the independent commissioner in the
                                                                  event that the independent commissioner has served more than 2 (two)
                                                                  periods; and
                                                               i. Changes in the composition of members of the Board of Commissioners
                                                                  and reasons for changes. In the event that there is no change in the
                                                                  composition of the members of the Board of Commissioners, this shall
                                                                  be disclosed.

11. Dalam hal terdapat perubahan susunan anggota                                                                                                  73, 79
    Direksi dan/atau anggota Dewan Komisaris yang terjadi
    setelah tahun buku berakhir sampai dengan batas
    waktu penyampaian Laporan Tahunan, susunan yang
    dicantumkan dalam Laporan Tahunan adalah susunan
    anggota Direksi dan/atau anggota Dewan Komisaris
    yang terakhir dan sebelumnya.
   In the event that there is a change in the composition of
   members of the Board of Directors and/or members of
   the Board of Commissioners that occurs after the end of
   the financial year until the deadline for submitting the
   Annual Report, the composition included in the Annual
   Report is the last and previous composition of members
   of the Board of Directors and/or members of the Board
   of Commissioners.

12. Jumlah karyawan menurut jenis kelamin, jabatan, usia,      Pengungkapan informasi dapat disajikan dalam bentuk tabel.                          406
    tingkat pendidikan, dan status ketenagakerjaan (tetap/     Disclosure of information can be presented in tabular form.
    kontrak) dalam tahun buku.
   Number of employees by gender, position, age,
   educational level, and employment status (permanent/
   contract) in the financial year.

13. Nama pemegang saham dan persentase kepemilikan             a. Pemegang saham yang memiliki 5% (lima persen) atau lebih saham                   88
    pada awal dan akhir tahun buku.                               Emiten atau Perusahaan Publik;
   Name of shareholder and ownership percentage at the         b. Anggota Direksi dan anggota Dewan Komisaris yang memiliki saham
   beginning and end of the financial year.                       Emiten atau Perusahaan Publik. Dalam hal seluruh anggota Direksi dan/
                                                                  atau seluruh anggota Dewan Komisaris tidak memiliki saham, maka
                                                                  diungkapkan mengenai hal tersebut; dan
                                                               c. Kelompok pemegang saham masyarakat, yaitu kelompok pemegang
                                                                  saham yang masing-masing memiliki kurang dari 5% (lima persen) saham
                                                                  Emiten atau Perusahaan Publik.
                                                               Informasi di atas dapat disajikan dalam bentuk tabel.
                                                               a. Shareholders who own 5% (five percent) or more shares of the Issuer or
                                                                  Public Company;
                                                               b. Members of the Board of Directors and members of the Board of
                                                                  Commissioners who own shares of Issuers or Public Companies. In the
                                                                  event that all members of the Board of Directors and/or all members of
                                                                  the Board of Commissioners do not own shares, this shall be disclosed; and
                                                               c. Group of public shareholders, namely groups of shareholders who each
                                                                  own less than 5% (five percent) of the shares of the Issuer or Public
                                                                  Company.
                                                               The above information can be presented in tabular form.

14. Persentase kepemilikan tidak langsung atas saham           Dalam hal seluruh anggota Direksi dan/atau seluruh anggota Dewan                    89
    Emiten atau Perusahaan Publik oleh anggota Direksi dan     Komisaris tidak memiliki kepemilikan tidak langsung atas saham Emiten
    anggota Dewan Komisaris pada awal dan akhir tahun          atau Perusahaan Publik, maka diungkapkan mengenai hal tersebut.
    buku, termasuk informasi mengenai pemegang saham           In the event that all members of the Board of Directors and/or all members
    yang terdaftar dalam daftar pemegang saham untuk           of the Board of Commissioners do not have indirect ownership of shares of
    kepentingan kepemilikan tidak langsung anggota Direksi     Issuer or Public Company, then this matter shall be disclosed.
    dan anggota Dewan Komisaris.
   Percentage of indirect ownership of Issuer or Public
   Company shares by members of the Board of Directors
   and members of the Board of Commissioners at the
   beginning and end of the financial year, including
   information regarding shareholders who are registered
   in the shareholders register for the benefit of indirect
   ownership by members of the Board of Directors and
   members of the Board of Commissioners.




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15. Jumlah pemegang saham dan persentase kepemilikan             a. Kepemilikan institusi lokal;                                                 90
    per akhir tahun buku berdasarkan klasifikasi:                b. Kepemilikan institusi asing;
   Number of shareholders and ownership percentage at            c. Kepemilikan individu lokal; dan
   the end of the financial year based on classification:        d. Kepemilikan individu asing;
                                                                 a. Ownership of local institutions;
                                                                 b. Ownership of foreign institutions;
                                                                 c. Ownership of local individuals; and
                                                                 d. Ownership of foreign individuals;

16. Informasi mengenai pemegang saham utama dan                                                                                                  91
    pengendali Emiten atau Perusahaan Publik, baik
    langsung maupun tidak langsung, sampai kepada
    pemilik individu, yang disajikan dalam bentuk skema
    atau bagan.
   Information      regarding      major    and    controlling
   shareholders of Issuers or Public Companies, either
   directly or indirectly, up to individual owners, presented
   in the form of a schematic or chart.

17. Nama entitas anak, perusahaan asosiasi, perusahaan           Untuk entitas anak, ditambahkan informasi mengenai alamat entitas anak          92
    ventura bersama dimana Emiten atau Perusahaan                tersebut.
    Publik memiliki pengendalian bersama entitas (jika ada),     For subsidiaries, information regarding the address of subsidiary is added.
    beserta persentase kepemilikan saham, bidang usaha,
    total aset, dan status operasi entitas anak, perusahaan
    asosiasi, perusahaan ventura bersama.
   Names of subsidiaries, associated companies, joint
   venture companies where the Issuer or Public Company
   has joint control of an entity (if any), along with share
   ownership percentage, line of business, total assets, and
   operating status of subsidiaries, associated companies,
   joint venture companies.

18. Kronologis pencatatan saham, jumlah saham, nilai                                                                                             93
    nominal, dan harga penawaran dari awal pencatatan
    hingga akhir tahun buku serta nama bursa efek di mana
    saham Emiten atau Perusahaan Publik dicatatkan,
    termasuk pemecahan saham (stock split), penggabungan
    saham (reverse stock), dividen saham, saham bonus,
    dan perubahan nilai nominal saham, pelaksanaan efek
    konversi, pelaksanaan penambahan dan pengurangan
    modal (jika ada);
   Chronology of share listing, number of shares, nominal
   value, and offering price from the beginning of listing to
   the end of the financial year as well as the name of the
   stock exchange where the Issuer’s or Public Company’s
   shares are listed, including stock split, reverse stock,
   share dividends, bonus shares, and changes in the
   nominal value of shares, exercise of convertible
   securities, capital increase and decrease (if any);

19. Informasi pencatatan efek lainnya selain efek                                                                                                94
    sebagaimana dimaksud pada angka 18), yang belum
    jatuh tempo pada tahun buku paling sedikit memuat
    nama efek, tahun penerbitan, tingkat suku bunga/
    imbal hasil, tanggal jatuh tempo, nilai penawaran, dan
    peringkat efek (jika ada).
   Information on the listing of other securities besides
   the securities referred to in number 18), which have not
   yet matured in the financial year, at least contains the
   name of the securities, year of issuance, interest/yield
   rate, maturity date, offering price, and securities rating
   (if any).




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20. Informasi penggunaan jasa akuntan publik (AP) dan           a. Nama dan alamat;                                                               97
    kantor akuntan publik (KAP) beserta jaringan/asosiasi/      b. Periode penugasan;
    aliansinya.                                                 c. Informasi jasa audit dan/atau non audit yang diberikan;
   Information on the use of services from public               d. Biaya jasa (fee) audit dan/atau non audit untuk masing-masing penugasan
   accounting (AP) and public accounting firm (KAP) and            yang diberikan selama tahun buku; dan
   their networks/associations/alliances.                       e. Dalam hal AP dan KAP beserta jaringan/asosiasi/aliansinya, yang ditunjuk
                                                                   tidak memberikan jasa non audit, maka diungkapkan mengenai informasi
                                                                   tersebut.
                                                                Pengungkapan informasi penggunaan jasa AP dan KAP beserta jaringan/
                                                                asosiasi/aliansinya dapat disajikan dalam bentuk tabel.
                                                                a. Name and address;
                                                                b. Assignment period;
                                                                c. Information on audit and/or non-audit services provided;
                                                                d. Audit and/or non-audit service fees for each assignment given during
                                                                   the financial year; and
                                                                e. In the event that the designated AP and KAP and their network/
                                                                   association/alliance do not provide non-audit services, the information
                                                                   shall be disclosed.
                                                                Disclosure of information on the use of AP and KAP services and their
                                                                networks/associations/alliances can be presented in tabular form.

21. Nama dan alamat lembaga dan/atau profesi penunjang                                                                                            98
    pasar modal selain AP dan KAP.
   Profile. Names and addresses of capital market
   supporting institutions and/or professions other than AP
   and KAP.

Analisis dan Pembahasan Manajemen / Management Discussion and Analysis

Analisis dan pembahasan manajemen memuat analisis dan
pembahasan mengenai laporan keuangan dan informasi
penting lainnya dengan penekanan pada perubahan
material yang terjadi dalam tahun buku.
Management discussion and analysis contains discussion
and analysis of financial statements and other important
information with an emphasis on material changes that
occurred during the financial year.

1. Tinjauan operasi per segmen usaha sesuai dengan jenis        a. Produksi, yang meliputi proses, kapasitas, dan perkembangannya;                110
   industri Emiten atau Perusahaan Publik.                      b. Pendapatan/penjualan; dan
  Overview of operations per business segment according         c. Profitabilitas.
  to the type of industry of the Issuer or Public Company.      a. Production, which includes process, capacity, and development;
                                                                b. Revenue/sales; and
                                                                c. Profitability.

2. Kinerja keuangan komprehensif yang mencakup                  a. Aset lancar, aset tidak lancar, dan total aset;                                112
   perbandingan kinerja keuangan dalam 2 (dua) tahun            b. Liabilitas jangka pendek, liabilitas jangka panjang, dan total liabilitas;
   buku terakhir, penjelasan tentang penyebab adanya            c. Ekuitas;
   perubahan dan dampak perubahan tersebut.                     d. Pendapatan/penjualan, beban, laba (rugi), penghasilan komprehensif
   Comprehensive financial performance which includes a            lain, dan total laba (rugi) komprehensif; dan
   comparison of financial performance in the last 2 (two)      e. Arus kas.
   financial years, with explanation of causes of changes       a. Current assets, non-current assets, and total assets;
   and impact of changes.                                       b. Current liabilities, non-current liabilities, and total liabilities;
                                                                c. Equity;
                                                                d. Revenue/sales, expenses, profit (loss), other comprehensive income, and
                                                                   total comprehensive profit (loss); and
                                                                e. Cash flows.

3. Kemampuan membayar utang atau kewajiban dengan                                                                                                 128
   menyajikan perhitungan rasio yang relevan.
   Profile. Debt or liabilities service ability by presenting
   the calculation of relevant ratio.

4. Tingkat kolektibilitas piutang Emiten atau Perusahaan                                                                                          128
   Publik dengan menyajikan perhitungan rasio yang
   relevan.
   Receivables turnover ratio of the Issuer or Public
   Company by presenting calculation of relevant ratio.




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5. Struktur modal (capital structure) dan kebijakan                                                                                          131
   manajemen atas struktur modal (capital structure)
   tersebut disertai dasar penentuan kebijakan dimaksud.
   Capital structure and management policy on capital
   structure accompanied by the basis for determining the
   said policy.

6. Bahasan mengenai ikatan yang material untuk investasi       a. Tujuan dari ikatan tersebut;                                               132
   barang modal.                                               b. Sumber dana yang diharapkan untuk memenuhi ikatan tersebut;
   Discussion on material commitments for capital goods        c. Mata uang yang menjadi denominasi; dan
   investment.                                                 d. Langkah yang direncanakan Emiten atau Perusahaan Publik untuk
                                                                  melindungi risiko dari posisi mata uang asing yang terkait.
                                                               a. The purpose of the commitment;
                                                               b. The source of funds expected to fulfill the said commitment;
                                                               c. The currency; and
                                                               d. Steps planned by the Issuer or Public Company to protect against risks
                                                                  from related foreign currency positions.

7. Bahasan mengenai investasi barang modal yang                a. Jenis investasi barang modal;                                              132
   direalisasikan dalam tahun buku terakhir.                   b. Tujuan investasi barang modal; dan
   Discussion on capital goods investment realized in the      c. Nilai investasi barang modal yang dikeluarkan.
   last financial year.                                        a. Type of capital goods investment;
                                                               b. The purpose of capital goods investment; and
                                                               c. The value of capital goods investment.

8. Informasi dan fakta material yang terjadi setelah tanggal                                                                                 136
   laporan akuntan (jika ada).
   Information and material facts that occurred after the
   date of the accountant’s report (if any).

9. Prospek usaha dari Emiten atau Perusahaan Publik                                                                                          119
   dikaitkan dengan kondisi industri, ekonomi secara
   umum dan pasar internasional disertai data pendukung
   kuantitatif dari sumber data yang layak dipercaya.
   The business prospects of Issuers or Public Companies
   connected to industry conditions, the general economy
   and international markets accompanied by quantitative
   supporting data from reliable data sources.

10. Perbandingan antara target/proyeksi pada awal tahun        a. Pendapatan/penjualan;                                                      133
    buku dengan hasil yang dicapai (realisasi).                b. Laba (rugi);
   Comparison between targets/projections at the               c. Struktur modal (capital structure); atau
   beginning of financial year and the results achieved        d. Hal lainnya yang dianggap penting bagi Emiten atau Perusahaan Publik.
   (realization).                                              a. Revenue/sales;
                                                               b. Profit (loss);
                                                               c. Capital structure; or
                                                               d. Other matters deemed important by the Issuer or Public Company.

11. Target/proyeksi yang ingin dicapai Emiten atau             a. Pendapatan/penjualan;                                                      134
    Perusahaan Publik untuk 1 (satu) tahun mendatang.          b. Laba (rugi);
   Targets/projections to be achieved by the Issuer or         c. Struktur modal (capital structure);
   Public Company for the next 1 (one) year.                   d. Kebijakan dividen; atau
                                                               e. Hal lainnya yang dianggap penting bagi Emiten atau Perusahaan Publik.
                                                               a. Revenue/sales;
                                                               b. Profit (loss);
                                                               c. Capital structure;
                                                               d. Dividend policy; or
                                                               e. Other matters deemed important by the Issuer or Public Company.

12. Aspek pemasaran atas barang dan/atau jasa Emiten atau                                                                                    107
    Perusahaan Publik, paling sedikit mengenai strategi
    pemasaran dan pangsa pasar.
   Marketing aspects of the Issuer’s or Public Company’s
   goods and/or services, at least regarding marketing
   strategy and market share.




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13. Uraian mengenai dividen selama 2 (dua) tahun buku              a. Kebijakan dividen, antara lain memuat informasi persentase jumlah                137
    terakhir.                                                         dividen yang dibagikan terhadap laba bersih;
    Description of dividends for the last 2 (two) financial        b. Tanggal pembayaran dividen kas dan/atau tanggal distribusi dividen non
    years.                                                            kas;
                                                                   c. Jumlah dividen per saham (kas dan/atau non kas); dan
                                                                   d. Jumlah dividen per tahun yang dibayar.
                                                                   Pengungkapan informasi dapat disajikan dalam bentuk tabel. Dalam
                                                                   hal Emiten atau Perusahaan Publik tidak membagikan dividen dalam
                                                                   2 (dua) tahun terakhir, maka diungkapkan mengenai hal tersebut.
                                                                   a. Dividend policy, including information on the percentage of the amount
                                                                      of dividends distributed to net profit;
                                                                   b. Cash dividend payment date and/or non-cash dividend distribution date;
                                                                   c. Total dividend per share (cash and/or non-cash); and
                                                                   d. The amount of dividends per year paid.
                                                                   Disclosure of information can be presented in tabular form. In the event
                                                                   that the Issuer or Public Company has not distributed dividends in the last
                                                                   2 (two) years, this shall be disclosed.

14. Realisasi penggunaan dana hasil penawaran umum.                a. Dalam hal selama tahun buku, Emiten memiliki kewajiban menyampaikan              137
    Realization of the use of proceeds from the public                laporan realisasi penggunaan dana, maka diungkapkan realisasi
    offering.                                                         penggunaan dana hasil penawaran umum secara kumulatif sampai
                                                                      dengan akhir tahun buku; dan
                                                                   b. Dalam hal terdapat perubahan penggunaan dana sebagaimana diatur
                                                                      dalam Peraturan Otoritas Jasa Keuangan mengenai laporan realisasi
                                                                      penggunaan dana hasil penawaran umum, maka Emiten menjelaskan
                                                                      perubahan tersebut.
                                                                   a. In the event that during the financial year, the Issuer has an obligation to
                                                                      submit a report on the realization of use of proceeds, then the cumulative
                                                                      realization of the use of proceeds from the public offering until the end of
                                                                      the financial year shall be disclosed; and
                                                                   b. In the event that there is a change in the use of proceeds as stipulated
                                                                      in the Financial Services Authority Regulation regarding the report on
                                                                      realization of use of proceeds from a public offering, the Issuer shall
                                                                      explain such change.

15.Informasi material (jika ada), antara lain mengenai             a. Tanggal, nilai, dan objek transaksi;                                             138
  investasi, ekspansi, divestasi, penggabungan/peleburan           b. Nama pihak yang melakukan transaksi;
  usaha, akuisisi, restrukturisasi utang/modal, transaksi          c. Sifat hubungan afiliasi (jika ada);
  material, transaksi afiliasi, dan transaksi benturan             d. Penjelasan mengenai kewajaran transaksi;
  kepentingan, yang terjadi pada tahun buku.                       e. Pemenuhan ketentuan terkait; dan
  Material information (if any), including investment,             f. Dalam hal terdapat hubungan afiliasi, selain mengungkapkan informasi
  expansion, divestment, business merger/consolidation,               sebagaimana dimaksud dalam huruf a) sampai dengan huruf e), emiten
  acquisition,    debt/capital      restructuring,     material       atau perusahaan publik juga mengungkapkan informasi:
  transactions, affiliate transactions, and conflict of interest      1) Pernyataan direksi bahwa transaksi afiliasi telah melalui prosedur yang
  transactions, which occurred in the financial year.                    memadai untuk memastikan bahwa transaksi afiliasi dilaksanakan sesuai
                                                                         dengan praktik bisnis yang berlaku umum antara lain dilakukan dengan
                                                                         memenuhi prinsip transaksi yang wajar (armslength principle); dan
                                                                      2) Peran dewan komisaris dan komite audit dalam melakukan prosedur
                                                                         yang memadai untuk memastikan bahwa transaksi afiliasi dilaksanakan
                                                                         sesuai dengan praktik bisnis yang berlaku umum antara lain dilakukan
                                                                         dengan memenuhi prinsip transaksi yang wajar (armslength principle);
                                                                   g. Untuk transaksi afiliasi atau transaksi material yang merupakan kegiatan
                                                                      usaha yang dijalankan dalam rangka menghasilkan pendapatan usaha dan
                                                                      dijalankan secara rutin, berulang, dan/atau berkelanjutan, ditambahkan
                                                                      penjelasan bahwa transaksi afiliasi atau transaksi material tersebut
                                                                      merupakan kegiatan usaha yang dijalankan dalam rangka menghasilkan
                                                                      pendapatan usaha dan dijalankan secara rutin, berulang, dan/atau
                                                                      berkelanjutan;
                                                                      Dalam hal transaksi afiliasi atau transaksi material dimaksud telah
                                                                      diungkapkan dalam laporan keuangan tahunan, ditambahkan informasi
                                                                      mengenai rujukan pengungkapan dalam laporan keuangan tahunan
                                                                      tersebut.
                                                                   h. Untuk pengungkapan transaksi afiliasi dan/atau transaksi benturan
                                                                      kepentingan yang merupakan hasil pelaksanaan transaksi afiliasi dan/
                                                                      atau transaksi benturan kepentingan yang telah disetujui pemegang
                                                                      saham independen, ditambahkan informasi mengenai tanggal
                                                                      pelaksanaan rups yang menyetujui transaksi afiliasi dan/atau transaksi
                                                                      benturan kepentingan tersebut; dan
                                                                   i. Dalam hal tidak terdapat transaksi afiliasi dan/atau transaksi benturan
                                                                      kepentingan, maka diungkapkan mengenai hal tersebut.




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                                                              a. Transaction date, value, and object;
                                                              b. The name of the party making the transaction;
                                                              c. Nature of affiliate relationship (if any);
                                                              d. Explanation of the fairness of transaction;
                                                              e. Fulfillment of related provisions; and
                                                              f. In the event that there is an affiliation relationship, apart from disclosing
                                                                 the information referred to in letter a) through letter e), the issuer or
                                                                 public company shall also disclose information on:
                                                                 1) The statement of the board of directors that the affiliated transactions
                                                                    have gone through adequate procedures to ensure that the affiliated
                                                                    transactions are carried out in accordance with the generally accepted
                                                                    business practices, among others, conducted according to fair
                                                                    transaction principles (arm’s length principle); and
                                                                 2) The role of the board of commissioners and audit committee in carrying
                                                                    out adequate procedures to ensure that the affiliated transactions
                                                                    are carried out in accordance with the generally accepted business
                                                                    practices, among others, conducted according to fair transaction
                                                                    principles (arm’s length principle);
                                                              g. For affiliate transactions or material transactions which are business
                                                                 activities carried out in order to generate business income and are
                                                                 carried out routinely, repeatedly, and/or continuously, an explanation
                                                                 is added that the affiliated transactions or material transactions are
                                                                 business activities carried out in order to generate business income and
                                                                 are carried out routinely, repeatedly, and/or continuously; In the event
                                                                 that the affiliated transactions or material transactions referred to have
                                                                 been disclosed in the annual financial statements, information is added
                                                                 regarding references to disclosure in the said annual financial statements.
                                                              h. For disclosure of affiliated transactions and/or conflict of interest
                                                                 transactions which are the result of executing affiliated transactions
                                                                 and/or conflict of interest transactions that have been approved by
                                                                 independent shareholders, information is added regarding the date of
                                                                 the GMS that approves the said affiliated transactions and/or conflict of
                                                                 interest transactions; and
                                                              i. In the event that there are no affiliated transactions and/or conflict of
                                                                 interest transactions, this shall be disclosed.

16.Perubahan ketentuan peraturan perundang-undangan                                                                                                150
  yang berpengaruh signifikan terhadap Emiten atau
  Perusahaan Publik dan dampaknya terhadap laporan
  keuangan (jika ada).
  Amendments to provisions of laws and regulations that
  have a significant impact on the Issuer or Public Company
  and the impact on the financial statements (if any).

17.Perubahan kebijakan akuntansi, alasan dan dampaknya                                                                                             150
  terhadap laporan keuangan (jika ada).
  Changes to accounting policies, reasons, and their
  impact on financial statements (if any).

Tata Kelola Emiten atau Perusahaan Publik / Governance of Issuers or Public Companies

1. Rapat Umum Pemegang Saham (RUPS).                          a. Informasi mengenai keputusan RUPS pada tahun buku dan 1 (satu) tahun              168
   General Meeting of Shareholders (GMS).                        sebelum tahun buku meliputi:
                                                                 1) keputusan RUPS pada tahun buku dan 1 (satu) tahun sebelum tahun
                                                                    buku yang direalisasikan pada tahun buku; dan
                                                                 2) keputusan RUPS pada tahun buku dan 1 (satu)tahun sebelum tahun
                                                                    buku yang belum direalisasikan beserta alasan belum direalisasikan;
                                                              b. Dalam hal Emiten atau Perusahaan Publik menggunakan pihak
                                                                 independen dalam pelaksanaan RUPS untuk melakukan perhitungan
                                                                 suara, maka diungkapkan mengenai hal tersebut.
                                                              a. Information regarding GMS resolutions in the financial year and 1 (one)
                                                                 year before the financial year that includes:
                                                                 1) GMS resolutions in the financial year and 1 (one) year prior to the
                                                                     financial year realized in the financial year; and
                                                                 2) GMS resolutions in the financial year and 1 (one) year prior to the
                                                                     financial year which have not been realized and the reasons for not
                                                                     being realized;
                                                              b. In the event that an Issuer or Public Company uses an independent party
                                                                 in the implementation of the GMS to count the votes, this matter shall be
                                                                 disclosed.




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2. Direksi.                                            a. Tugas dan tanggung jawab masing-masing anggota Direksi;                        177
   Board of Directors.                                    Informasi mengenai tugas dan tanggung jawab masing-masing anggota
                                                          Direksi diuraikan dan dapat disajikan dalam bentuk tabel;
                                                       b. Pernyataan bahwa Direksi memiliki pedoman atau piagam (charter)
                                                          Direksi;
                                                       c. Kebijakan dan pelaksanaan frekuensi rapat Direksi, rapat Direksi
                                                          bersama Dewan Komisaris, dan tingkat kehadiran anggota
                                                          Direksi dalam rapat tersebut termasuk kehadiran dalam RUPS;
                                                          Informasi tingkat kehadiran anggota Direksi dalam rapat Direksi, rapat
                                                          Direksi bersama Dewan Komisaris, atau RUPS dapat disajikan dalam
                                                          bentuk tabel.
                                                       d. Pelatihan dan/atau peningkatan kompetensi anggota Direksi:
                                                          1) Kebijakan pelatihan dan/atau peningkatan kompetensi anggota
                                                             Direksi, termasuk program orientasi bagi anggota Direksi yang baru
                                                             diangkat (jika ada); dan
                                                          2) Pelatihan dan/atau peningkatan kompetensi yang diikuti anggota
                                                             Direksi dalam tahun buku (jika ada);
                                                       e. Penilaian Direksi terhadap kinerja komite yang mendukung pelaksanaan
                                                          tugas Direksi pada tahun buku paling sedikit memuat:
                                                          1) Prosedur penilaian kinerja; dan
                                                          2) Kriteria yang digunakan seperti capaian kinerja selama tahun buku,
                                                             kompetensi dan kehadiran dalam rapat; dan
                                                       f. Dalam hal Emiten atau Perusahaan Publik tidak memiliki komite yang
                                                          mendukung pelaksanaan tugas Direksi, maka diungkapkan mengenai hal
                                                          tersebut.

                                                       a. Duties and responsibilities of each member of the Board of Directors;
                                                          Information regarding the duties and responsibilities of each member of
                                                          the Board of Directors is described and can be presented in tabular form;
                                                       b. Statement that the Board of Directors has Board of Directors guidelines
                                                          or charter;
                                                       c. Policy and frequency of Board of Directors’ meetings, Board of Directors’
                                                          joint meetings with the Board of Commissioners, and the attendance level
                                                          of Board of Directors’ members at these meetings including attendance
                                                          at the GMS; Information on the attendance level of Board of Directors’
                                                          members at Board of Directors’ meetings, Board of Directors’ joint
                                                          meetings with the Board of Commissioners, or the GMS can be presented
                                                          in tabular form.
                                                       d. Training and/or competency development for Board of Directors’
                                                          members:
                                                          1) Policy on training and/or competency development for Board of
                                                              Directors’ members, including an orientation program for newly
                                                              appointed members of the Board of Directors (if any); and
                                                          2) Training and/or competency development programs attended by the
                                                              Board of Directors’ members in the financial year (if any);
                                                       e. The Board of Directors’ assessment of the performance of committees
                                                          that support the implementation of Board of Directors’ duties in the
                                                          financial year that contains at least:
                                                          1) Performance assessment procedures; and
                                                          2) The criteria used such as performance achievements during the
                                                              financial year, competence, and attendance at meetings; and
                                                       f. In the event that the Issuer or Public Company does not have a committee
                                                          that supports the implementation of Board of Directors’ duties, this shall
                                                          be disclosed.

3. Dewan Komisaris.                                    a. Tugas dan tanggung jawab Dewan Komisaris;                                      171
   Board of Commissioners.                             b. Pernyataan bahwa Dewan Komisaris memiliki pedoman atau piagam
                                                          (charter) Dewan Komisaris;
                                                       c. Kebijakan dan pelaksanaan frekuensi rapat Dewan Komisaris, rapat
                                                          Dewan Komisaris bersama Direksi dan tingkat kehadiran anggota Dewan
                                                          Komisaris dalam rapat tersebut termasuk kehadiran dalam RUPS;
                                                          Informasi tingkat kehadiran anggota Dewan Komisaris dalam rapat
                                                          Dewan Komisaris, rapat Dewan Komisaris bersama Direksi, atau RUPS
                                                          dapat disajikan dalam bentuk tabel.
                                                       d. Pelatihan dan/atau peningkatan kompetensi anggota Dewan Komisaris:
                                                          1) Kebijakan pelatihan dan/atau peningkatan kompetensi anggota
                                                             Dewan Komisaris, termasuk program orientasi bagi anggota Dewan
                                                             Komisaris yang baru diangkat (jika ada); dan
                                                          2) Pelatihan dan/atau peningkatan kompetensi yang diikuti anggota
                                                             Dewan Komisaris dalam tahun buku (jika ada);




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                                                           e. Penilaian kinerja Direksi dan Dewan Komisaris serta masing-masing
                                                              anggota Direksi dan anggota Dewan Komisaris, paling sedikit memuat:
                                                              1) Prosedur pelaksanaan penilaian kinerja;
                                                              2) Kriteria yang digunakan seperti capaian kinerja selama tahun buku,
                                                                 kompetensi dan kehadiran dalam rapat; dan
                                                              3) Pihak yang melakukan penilaian; dan
                                                           f. Penilaian Dewan Komisaris terhadap kinerja Komite yang mendukung
                                                              pelaksanaan tugas Dewan Komisaris pada tahun buku meliputi:
                                                              1) Prosedur penilaian kinerja; dan
                                                              2) Kriteria yang digunakan seperti capaian kinerja selama tahun buku,
                                                                 kompetensi dan kehadiran dalam rapat.

                                                           a. Duties and responsibilities of the Board of Commissioners;
                                                           b. Statement that the Board of Commissioners has Board of Commissioners
                                                              guidelines or charter;
                                                           c. Policy and frequency of Board of Commissioners’ meetings, Board of
                                                              Commissioners’ joint meetings with the Board of Directors, and the
                                                              attendance level of Board of Commissioners’ members at these meetings
                                                              including attendance at the GMS;
                                                              Information on the attendance level of Board of Commissioners’
                                                              members at Board of Commissioners’ meetings, meetings between the
                                                              Board of Commissioners and the Board of Directors, or the GMS can be
                                                              presented in tabular form.
                                                           d. Training and/or competency development for Board of Commissioners’
                                                              members:
                                                              1) Policy on training and/or competency development for Board of
                                                                 Commissioners’ members, including an orientation program for newly
                                                                 appointed members of the Board of Commissioners (if any); and
                                                              2) Training and/or competency development programs attended by the
                                                                 Board of Commissioners’ members in the financial year (if any);
                                                           e. Assessment of the Board of Directors’ performance and the Board of
                                                              Commissioners as well as of each member of the Board of Directors and
                                                              the Board of Commissioners, that contains at least:
                                                              1) Performance assessment procedures
                                                              2) The criteria used such as performance achievements during the
                                                                 financial year, competence, and attendance at meetings; and
                                                              3) The assessor; and
                                                           f. The Board of Commissioners’ assessment of the performance of
                                                              Committees that support the implementation of Board of Commissioners’
                                                              duties in the financial year that contains at least:
                                                              1) Performance assessment procedures; and
                                                              2) The criteria used such as performance achievements during the
                                                                 financial year, competence, and attendance at meetings.

4. Nominasi dan remunerasi Direksi dan Dewan Komisaris.    a. Prosedur nominasi, meliputi uraian singkat mengenai kebijakan dan         193
   Nomination and remuneration of the Board of Directors      proses nominasi anggota Direksi dan/atau anggota Dewan Komisaris; dan
   and Board of Commissioners.                             b. Prosedur dan pelaksanaan remunerasi Direksi dan Dewan Komisaris,
                                                              antara lain:
                                                              1) prosedur penetapan remunerasi Direksi dan Dewan Komisaris;
                                                              2) struktur remunerasi Direksi dan Dewan Komisaris seperti, gaji,
                                                                 tunjangan, tantiem/bonus dan lainnya; dan
                                                              3) besarnya remunerasi masing-masing anggota Direksi dan anggota
                                                                 Dewan Komisaris;
                                                           Pengungkapan informasi dapat disajikan dalam bentuk tabel.
                                                           a. Nomination procedures, including a brief description of the policies
                                                              and nomination process for members of the Board of Directors and/or
                                                              members of the Board of Commissioners; and
                                                           b. Procedures and implementation of remuneration for the Board of
                                                              Directors and Board of Commissioners, including:
                                                              1) procedures for determining remuneration for the Board of Directors
                                                                 and Board of Commissioners;
                                                              2) remuneration structure for the Board of Directors and Board of
                                                                 Commissioners such as salaries, allowances, tantiem/bonuses, and
                                                                 others; and
                                                              3) remuneration amount for each member of the Board of Directors and
                                                                 members of the Board of Commissioners;
                                                           Disclosure of information can be presented in tabular form.




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                        Criteria                                                            Explanation                                       Page

5. Dewan pengawas syariah, bagi Emiten atau Perusahaan        a. Nama;                                                                         N/A
   Publik yang menjalankan kegiatan usaha berdasarkan         b. Dasar hukum pengangkatan dewan pengawas syariah;
   prinsip syariah sebagaimana tertuang dalam anggaran        c. Periode penugasan dewan pengawas syariah;
   Dasar.                                                     d. Tugas dan tanggung jawab dewan pengawas syariah; dan
  Sharia supervisory board, for Issuers or Public Companies   e. Frekuensi dan cara pemberian nasihat dan saran serta pengawasan
  that carry out business activities based on sharia             pemenuhan prinsip syariah di pasar modal terhadap emiten atau
  principles as stated in the articles of association.           perusahaan publik.
                                                              a. Name;
                                                              b. The legal basis of appointment of the sharia supervisory board;
                                                              c. The assignment period of the sharia supervisory board;
                                                              d. The duties and responsibilities of the sharia supervisory board; and
                                                              e. Frequency and method of providing advice and suggestions as well as
                                                                 supervising compliance with sharia principles in the capital market
                                                                 applicable to issuers or public companies.

6. Komite Audit.                                              a. Nama dan jabatannya dalam keanggotaan komite;                                 210
   Audit Committee.                                           b. Usia;
                                                              c. Kewarganegaraan;
                                                              d. Riwayat pendidikan;
                                                              e. Riwayat jabatan, meliputi informasi:
                                                                 1) Dasar hukum penunjukan sebagai anggota komite;
                                                                 2) Rangkap jabatan, baik sebagai anggota dewan komisaris, anggota
                                                                    direksi, dan/atau anggota komite serta jabatan lainnya (jika ada); dan
                                                                 3) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                                    luar emiten atau perusahaan publik;
                                                              f. Periode dan masa jabatan anggota komite audit;
                                                              g. Pernyataan independensi komite audit;
                                                              h. Pelatihan dan/atau peningkatan kompetensi yang telah diikuti dalam
                                                                 tahun buku (jika ada);
                                                              i. Kebijakan dan pelaksanaan frekuensi rapat komite audit dan tingkat
                                                                 kehadiran anggota komite audit dalam rapat tersebut; dan
                                                              j. Pelaksanaan kegiatan komite audit pada tahun buku sesuai dengan yang
                                                                 dicantumkan dalam pedoman atau piagam (charter) komite audit.

                                                              a. Name and position in committee;
                                                              b. Age;
                                                              c. Citizenship;
                                                              d. Educational history;
                                                              e. Position history, including information on:
                                                                 1) Legal basis of appointment as committee member;
                                                                 2) Concurrent positions, as members of the board of commissioners,
                                                                    members of the board of directors, and/or committee members and
                                                                    other positions (if any); and
                                                                 3) Work experience and time period inside and outside the issuer or
                                                                    public company;
                                                              f. Period and term of audit committee members;
                                                              g. Audit committee independency statement;
                                                              h. Training and/or competency development programs attended in the
                                                                 financial year (if any);
                                                              i. Policy and frequency of audit committee’s meetings and the attendance
                                                                 level of audit committee’s members in these meetings; and
                                                              j. Implementation of audit committee activities in the financial year
                                                                 according to what is stated in the audit committee guidelines or charter.

7. Komite atau fungsi nominasi dan remunerasi Emiten          a. Nama dan jabatannya dalam keanggotaan komite;                                 205
   atau Perusahaan Publik.                                    b. Usia;
  Nomination and remuneration committee or function of        c. Kewarganegaraan;
  Issuer or Public Company.                                   d. Riwayat pendidikan;
                                                              e. Riwayat jabatan, meliputi informasi:
                                                                 1) Dasar hukum penunjukan sebagai anggota komite;
                                                                 2) Rangkap jabatan, baik sebagai anggota dewan komisaris, anggota
                                                                    direksi, dan/atau anggota komite serta jabatan lainnya (jika ada); dan
                                                                 3) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                                    luar emiten atau perusahaan publik;
                                                              f. Periode dan masa jabatan anggota komite;
                                                              g. Pernyataan independensi komite;
                                                              h. Pelatihan dan/atau peningkatan kompetensi yang telah diikuti dalam
                                                                 tahun buku (jika ada);
                                                              i. Uraian tugas dan tanggung jawab;
                                                              j. Pernyataan bahwa telah memiliki pedoman atau piagam (charter);
                                                              k. Kebijakan dan pelaksanaan frekuensi rapat dan tingkat kehadiran
                                                                 anggota dalam rapat tersebut;




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                                                             l. Uraian singkat pelaksanaan kegiatan pada tahun buku; dan
                                                             m. Dalam hal tidak dibentuk komite nominasi dan remunerasi, emiten
                                                                atau perusahaan publik cukup mengungkapkan informasi sebagaimana
                                                                dimaksud dalam huruf i) sampai dengan huruf l) dan mengungkapkan:
                                                                1) Alasan tidak dibentuknya komite; dan
                                                                2) Pihak yang melaksanakan fungsi nominasi dan remunerasi.

                                                             a. Name and position in committee;
                                                             b. Age;
                                                             c. Citizenship;
                                                             d. Educational history;
                                                             e. Position history, including information on:
                                                                1) Legal basis of appointment as committee member;
                                                                2) Concurrent positions, as members of the board of commissioners,
                                                                   members of the board of directors, and/or committee members and
                                                                   other positions (if any); and
                                                                3) Work experience and time period inside and outside the issuer or
                                                                   public company;
                                                             f. Period and term of committee members;
                                                             g. Committee independency statement;
                                                             h. Training and/or competency development programs attended in the
                                                                financial year (if any);
                                                             i. Description of duties and responsibilities;
                                                             j. Statement that the committee already has a guideline or charter;
                                                             k. Policy and frequency of meetings and the attendance level of members at
                                                                the meetings;
                                                             l. A brief description of the implementation of activities in the financial
                                                                year; and
                                                             m. In the event that a nomination and remuneration committee is not
                                                                formed, it is sufficient for the issuer or public company to disclose the
                                                                information referred to in letter i) to letter l) and disclose:
                                                                1) The reasons for not forming the committee; and
                                                                2) Party carrying out nomination and remuneration functions.

8. Komite lain yang dimiliki Emiten atau Perusahaan Publik   a. Nama dan jabatannya dalam keanggotaan komite;                               199, 213,
   dalam rangka mendukung fungsi dan tugas Direksi (jika     b. Usia;                                                                         214
   ada) dan/atau komite yang mendukung fungsi dan tugas      c. Kewarganegaraan;
   Dewan Komisaris.                                          d. Riwayat pendidikan;
  Other committees established by Issuers or Public          e. Riwayat jabatan, meliputi informasi:
  Companies in order to support the Board of Directors’         1) Dasar hukum penunjukan sebagai anggota komite;
  functions and duties (if any) and/or committees that          2) Rangkap jabatan, baik sebagai anggota dewan komisaris, anggota
  support the Board of Commissioners’ functions and                direksi, dan/atau anggota komite serta jabatan lainnya (jika ada); dan
  duties.                                                       3) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                                   luar emiten atau perusahaan publik;
                                                             f. Periode dan masa jabatan anggota komite;
                                                             g. Pernyataan independensi komite;
                                                             h. Pelatihan dan/atau peningkatan kompetensi yang telah diikuti dalam
                                                                tahun buku (jika ada); dan
                                                             i. Uraian tugas dan tanggung jawab;
                                                             j. Pernyataan bahwa telah memiliki pedoman atau piagam (charter)
                                                                komite;
                                                             k. Kebijakan dan pelaksanaan frekuensi rapat komite dan tingkat kehadiran
                                                                anggota komite dalam rapat tersebut; dan
                                                             l. Uraian singkat pelaksanaan kegiatan komite pada tahun buku.
                                                             a. Name and position in committee;
                                                             b. Age;
                                                             c. Citizenship;
                                                             d. Educational history;
                                                             e. Position history, including information on:
                                                                1) Legal basis of appointment as committee member;
                                                                2) Concurrent positions, as members of the board of commissioners,
                                                                   members of the board of directors, and/or committee members and
                                                                   other positions (if any); and
                                                                3) Work experience and time period inside and outside the issuer or
                                                                   public company;
                                                             f. Period and term of committee members;
                                                             g. Committee independency statement;
                                                             h. Training and/or competency development programs attended in the
                                                                financial year (if any); and




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                           Kriteria                                                    Penjelasan                                         Halaman
                           Criteria                                                    Explanation                                         Page

                                                        i. Description of duties and responsibilities;
                                                        j. Statement that the committee already has a guideline or charter;
                                                        k. Policy and frequency of committee’s meetings and the attendance level
                                                           of committee members at meetings; and
                                                        l. A brief description of the implementation of committee’s activities in the
                                                           financial year.

9. Sekretaris Perusahaan.                               a. Nama;                                                                            228
   Corporate Secretary.                                 b. Domisili;
                                                        c. Riwayat jabatan, meliputi:
                                                           1) Dasar hukum penunjukan sebagai sekretaris perusahaan; dan
                                                           2) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                              luar emiten atau perusahaan publik;
                                                        d. Riwayat pendidikan;
                                                        e. Pelatihan dan/atau peningkatan kompetensi yang diikuti dalam tahun
                                                           buku; dan
                                                        f. Uraian singkat pelaksanaan tugas sekretaris perusahaan pada tahun
                                                           buku.
                                                        a. Name;
                                                        b. Domicile;
                                                        c. Position history, including:
                                                           1) Legal basis of appointment as corporate secretary; and
                                                           2) Work experience and time period inside and outside the issuer or
                                                              public company;
                                                        d. Educational history;
                                                        e. Training and/or competency development programs attended in the
                                                           financial year; and
                                                        f. Brief description of the implementation of corporate secretary’s duties in
                                                           the financial year.

10. Unit Audit Internal.                                a. Nama kepala unit audit internal;                                                 232
    Internal Audit Unit.                                b. Riwayat jabatan, meliputi:
                                                           1) Dasar hukum penunjukan sebagai kepala unit audit internal; dan
                                                           2) Pengalaman kerja beserta periode waktunya baik di dalam maupun di
                                                              luar emiten atau perusahaan publik;
                                                        c. Kualifikasi atau sertifikasi sebagai profesi audit internal (jika ada);
                                                        d. Pelatihan dan/atau peningkatan kompetensi yang diikuti dalam tahun
                                                           buku;
                                                        e. Struktur dan kedudukan unit audit internal;
                                                        f. Uraian tugas dan tanggung jawab;
                                                        g. Pernyataan bahwa telah memiliki pedoman atau piagam (charter) unit
                                                           audit internal; dan
                                                        h. Uraian singkat pelaksanaan tugas unit audit internal pada tahun buku
                                                           termasuk kebijakan dan pelaksanaan frekuensi rapat dengan direksi,
                                                           dewan komisaris, dan/atau komite audit.
                                                        a. Name of the head of internal audit unit;
                                                        b. Position history, including:
                                                           1) Legal basis of appointment as head of internal audit unit; and
                                                           2) Work experience and time period inside and outside the issuer or
                                                              public company;
                                                        c. Qualification or certification for internal audit profession (if any);
                                                        d. Training and/or competency development programs attended in the
                                                           financial year;
                                                        e. The structure and position of the internal audit unit;
                                                        f. Description of duties and responsibilities;
                                                        g. Statement that the internal audit unit already has a guideline or charter;
                                                           and
                                                        h. A brief description of the implementation of internal audit unit’s duties in
                                                           the financial year including the policies and frequency of meetings with
                                                           the board of directors, board of commissioners, and/or audit committee.




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                         Kriteria                                                              Penjelasan                                      Halaman
                         Criteria                                                              Explanation                                      Page

11. Uraian mengenai sistem pengendalian internal (internal       a. Pengendalian keuangan dan operasional, serta kepatuhan terhadap              239
    control) yang diterapkan oleh Emiten atau Perusahaan            peraturan perundang-undangan lainnya;
    Publik.                                                      b. Tinjauan atas efektivitas sistem pengendalian internal; dan
   Description of internal control system implemented by         c. Pernyataan direksi dan/atau dewan komisaris atas kecukupan sistem
   Issuers or Public Companies.                                     pengendalian internal.
                                                                 a. Financial and operational control, as well as compliance with other laws
                                                                    and regulations;
                                                                 b. Review of the effectiveness of internal control system; and
                                                                 c. Statement of the board of directors and/or board of commissioners on
                                                                    the adequacy of the internal control system.

12. Sistem manajemen risiko yang diterapkan oleh Emiten          a. Gambaran umum mengenai sistem manajemen risiko Emiten atau                   337
    atau Perusahaan Publik.                                         Perusahaan Publik;
   Risk management system implemented by Issuers or              b. Jenis risiko dan cara pengelolaannya;
   Public Companies.                                             c. Tinjauan atas efektivitas sistem manajemen risiko Emiten atau
                                                                    Perusahaan Publik; dan
                                                                 d. Pernyataan Direksi dan/atau Dewan Komisaris atau komite audit atas
                                                                    kecukupan sistem manajemen risiko.
                                                                 a. General description of the Issuer’s or Public Company’s risk management
                                                                    system;
                                                                 b. Types of risks and how to manage them;
                                                                 c. Review of the effectiveness of the Issuer’s or Public Company’s risk
                                                                    management system; and
                                                                 d. Statement of the Board of Directors and/or Board of Commissioners or
                                                                    the audit committee on the adequacy of the risk management system.

13. Perkara hukum yang berdampak material yang dihadapi          a. Pokok perkara/gugatan;                                                       250
    oleh Emiten atau Perusahaan Publik, entitas anak,            b. Status penyelesaian perkara/gugatan; dan
    anggota Direksi dan anggota Dewan Komisaris (jika ada).      c. Pengaruhnya terhadap kondisi emiten atau perusahaan Publik.
   Legal cases with material impacts faced by Issuers or         a. Case profile/lawsuit;
   Public Companies, subsidiaries, members of the Board of       b. The settlement status of the case/lawsuit; and
   Directors, and members of the Board of Commissioners          c. The impact on the issuers or public companies’ condition.
   (if any).

14. informasi tentang sanksi administratif/sanksi yang                                                                                           255
    dikenakan kepada Emiten atau Perusahaan Publik,
    anggota Dewan Komisaris dan anggota Direksi, oleh
    Otoritas Jasa Keuangan dan otoritas lainnya pada tahun
    buku (jika ada).
   Information on administrative sanctions/sanctions
   imposed on Issuers or Public Companies, members of
   the Board of Commissioners. and members of the Board
   of Directors, by the Financial Services Authority and
   other authorities in the financial year (if any).

15.Informasi mengenai kode etik Emiten atau Perusahaan           a. Pokok-pokok kode etik;                                                       260
   Publik.                                                       b. Bentuk sosialisasi kode etik dan upaya penegakannya; dan
   Information regarding the code of conduct of Issuers or       c. Pernyataan bahwa kode etik berlaku bagi anggota direksi, anggota Dewan
   Public Companies.                                                Komisaris, dan karyawan Emiten atau Perusahaan Publik.
                                                                 a. The principles of the code of conduct;
                                                                 b. The form of dissemination of the code of conduct and efforts to enforce
                                                                    it; and
                                                                 c. A statement that the code of conduct applies to members of the board
                                                                    of directors, members of the board of commissioners, and employees of
                                                                    Issuers or Public Companies.

16. Uraian singkat mengenai kebijakan pemberian                  Dalam hal pemberian kompensasi berupa program kepemilikan saham                 263
    kompensasi jangka panjang berbasis kinerja kepada            oleh manajemen (management stock ownership program/MSOP) dan/atau
    manajemen dan/atau karyawan yang dimiliki oleh               program kepemilikan saham oleh karyawan (employee stock ownership
    Emiten atau Perusahaan Publik (jika ada), antara lain        program/ESOP), informasi yang diungkapkan paling sedikit memuat:
    berupa program kepemilikan saham oleh manajemen              a. Jumlah saham dan/atau opsi;
    (management stock ownership program/MSOP) dan/               b. Jangka waktu pelaksanaan;
    atau program kepemilikan saham oleh karyawan                 c. Persyaratan karyawan dan/atau manajemen yang berhak; dan
    (employee stock ownership program/ESOP).                     d. Harga pelaksanaan atau penentuan harga pelaksanaan.
   A brief description of the policy of providing performance-   In terms of providing compensation in the form of management stock
   based long-term compensation to management and/               ownership program (MSOP) and/or employee stock ownership program
   or employees owned by Issuers or Public Companies (if         (ESOP), the information disclosed shall contain at least:
   any), including but not limited to management stock           a. Number of shares and/or options;
   ownership program (MSOP) and/or employee stock                b. Implementation period;
   ownership program (ESOP).                                     c. Requirements for eligible employee and/or management; and
                                                                 d. Execution price or determination of execution price.




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                         Kriteria                                                              Penjelasan                                       Halaman
                         Criteria                                                              Explanation                                       Page

17. Uraian singkat mengenai kebijakan pengungkapan              a. Kepemilikan saham anggota Direksi dan anggota Dewan Komisaris paling           263
    informasi.                                                     lambat 3 (tiga) hari kerja setelah terjadinya kepemilikan atau setiap
    A brief description of the information disclosure policy.      perubahan kepemilikan atas saham Perusahaan Terbuka; dan
                                                                b. Pelaksanaan atas kebijakan dimaksud.
                                                                a. Share ownership of members of the Board of Directors and members of
                                                                   the Board of Commissioners no later than 3 (three) working days after the
                                                                   ownership or any change in ownership of the Public Company’s shares;
                                                                   and
                                                                b. Implementation of the said policy.

18. Uraian mengenai sistem pelaporan pelanggaran                a. Cara penyampaian laporan pelanggaran;                                          266
    (whistleblowing system) di Emiten atau Perusahaan           b. Perlindungan bagi pelapor;
    Publik.                                                     c. Penanganan pengaduan;
    Description of the violation reporting system               d. Pihak yang mengelola pengaduan; dan
    (whistleblowing system) in Issuers or Public Companies.     e. Hasil dari penanganan pengaduan, paling sedikit:
                                                                   1) Jumlah pengaduan yang masuk dan diproses dalam tahun buku; dan
                                                                   2) Tindak lanjut pengaduan.
                                                                Dalam hal Emiten atau Perusahaan Publik tidak memiliki sistem pelaporan
                                                                pelanggaran (whistleblowing system), maka diungkapkan mengenai hal
                                                                tersebut.
                                                                a. Method of submission of violation reports;
                                                                b. Protection for reporters;
                                                                c. How to handle the complaints;
                                                                d. Parties who manage complaints; and
                                                                e. The results of handling complaints, at least:
                                                                   1) Number of complaints received and processed in the financial year;
                                                                      and
                                                                   2) The complaint follow-up.
                                                                In the event that the Issuer or Public Company does not have a violation
                                                                reporting system (whistleblowing system), then this matter shall be
                                                                disclosed.

19. Uraian mengenai kebijakan anti korupsi Emiten atau          a. Program dan prosedur yang dilakukan dalam mengatasi praktik korupsi,           263
    Perusahaan Publik.                                             balas jasa (kickbacks), fraud, suap dan/atau gratifikasi dalam Emiten atau
   Description of the Issuer’s or Public Company’s anti-           Perusahaan Publik; dan
   corruption policy.                                           b. Pelatihan/sosialisasi anti korupsi kepada karyawan Emiten atau
                                                                   Perusahaan Publik.
                                                                Dalam hal Emiten atau Perusahaan Publik tidak memiliki kebijakan anti
                                                                korupsi, maka dijelaskan alasan tidak dimilikinya kebijakan dimaksud.
                                                                a. Programs and procedures carried out in overcoming corrupt practices,
                                                                    remuneration (kickbacks), fraud, bribes, and/or gratuities in Issuers or
                                                                    Public Companies; and
                                                                b. Anti-corruption training/dissemination for employees of Issuers or
                                                                    Public Companies.
                                                                If the Issuer or Public Company does not have an anti-corruption policy,
                                                                the reasons for not having such a policy shall be explained.

20. Penerapan atas pedoman tata kelola Perusahaan               a. Pernyataan mengenai rekomendasi yang telah dilaksanakan; dan/atau              270
    Terbuka bagi Emiten yang menerbitkan efek bersifat          b. Penjelasan atas rekomendasi yang belum dilaksanakan, disertai alasan
    ekuitas atau Perusahaan Publik.                                dan alternatif pelaksanaannya (jika ada).
   Implementation of Public Company governance                  Pengungkapan informasi dapat disajikan dalam bentuk tabel.
   guidelines for Issuers that issue equity securities or       a. Statement regarding recommendations that have been implemented;
   Public Companies.                                               and/or
                                                                b. Explanation of recommendations that have not been implemented,
                                                                   accompanied by reasons and alternatives for implementation (if any).
                                                                Disclosure of information can be presented in tabular form.

Tanggung Jawab Sosial dan Lingkungan Emiten atau Perusahaan Publik / Social and Environmental Responsibility of Issuers or Public Companies

1. Informasi yang diungkapkan dalam bagian tanggung             a. Penjelasan strategi keberlanjutan;
   jawab sosial dan lingkungan merupakan Laporan                b. Ikhtisar aspek keberlanjutan (ekonomi, sosial, dan lingkungan hidup);
   Keberlanjutan (Sustainability Report) sebagaimana            c. Profil singkat emiten atau perusahaan publik;
   dimaksud dalam Peraturan Otoritas Jasa Keuangan              d. Penjelasan direksi;
   No. 51/POJK.03/2017 tentang Penerapan Keuangan               e. Tata kelola keberlanjutan;
   Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan        f. Kinerja keberlanjutan;
   Perusahaan Publik.                                           g. Verifikasi tertulis dari pihak independen, jika ada;
                                                                h. Lembar umpan balik (feedback) untuk pembaca, jika ada; dan
                                                                i. Tanggapan emiten atau perusahaan publik terhadap umpan balik laporan
                                                                   tahun sebelumnya.




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                         Kriteria                                                             Penjelasan                                         Halaman
                         Criteria                                                             Explanation                                         Page

  The information disclosed in the social and environmental    a. Explanation of sustainability strategy;
  responsibility section is a Sustainability Report as         b. An overview of sustainability aspects (economic, social, and environmental);
  referred to in the Financial Services Authority Regulation   c. Brief profile of the issuer or public company;
  No. 51/POJK.03/2017 on Implementation of Sustainable         d. Explanation from the board of directors;
  Finance for Financial Services Institutions, Issuers, and    e. Sustainability governance;
  Public Companies.                                            f. Sustainability performance;
                                                               g. Written verification from an independent party, if any;
                                                               h. Feedback form for readers, if any; and
                                                               i. The issuer or public company’s response to the previous year’s report
                                                                  feedback.

2. Laporan Keberlanjutan sebagaimana dimaksud pada angka
   1), harus disusun sesuai Pedoman Teknis Penyusunan
   Laporan Keberlanjutan (Sustainability Report) Bagi Emiten
   dan Perusahaan Publik sebagaimana tercantum dalam
   Lampiran II yang merupakan bagian tidak terpisahkan dari
   Surat Edaran Otoritas Jasa Keuangan ini.
  The Sustainability Report as referred to in number 1),
  must be prepared in accordance with the Technical
  Guidelines for Preparing Sustainability Reports For
  Issuers and Public Companies as listed in Appendix
  II which is an integral part of this Financial Services
  Authority Circular.

3. informasi Laporan Keberlanjutan (Sustainability Report)     a. Diungkapkan pada bagian lain yang relevan di luar bagian tanggung
   pada angka 1) dapat:                                           jawab sosial dan lingkungan, seperti penjelasan Direksi terkait Laporan
   Sustainability Report information in number 1) can:            Keberlanjutan diungkapkan dalam bagian terkait Laporan Direksi; dan/atau
                                                               b. Merujuk pada bagian lain di luar bagian tanggung jawab sosial dan
                                                                  lingkungan dengan tetap mengacu pada Pedoman Teknis Penyusunan
                                                                  Laporan Keberlanjutan (Sustainability Report) Bagi Emiten dan
                                                                  Perusahaan Publik sebagaimana tercantum dalam Lampiran II yang
                                                                  merupakan bagian tidak terpisahkan dari Surat Edaran Otoritas Jasa
                                                                  Keuangan ini, seperti profil Emiten atau Perusahaan Publik.

                                                               a. Be disclosed in other relevant sections outside the social and
                                                                  environmental responsibility section, such as the Board of Directors’
                                                                  explanation regarding the Sustainability Report is disclosed in the related
                                                                  section of the Board of Directors’ Report; and/or
                                                               b. Refer to other sections outside the social and environmental
                                                                  responsibility section while still referring to the Technical Guidelines
                                                                  for Preparing Sustainability Report For Issuers and Public Companies as
                                                                  listed in Appendix II which is an integral part of this Financial Services
                                                                  Authority Circular, such as the profile of the Issuer or Public Company.

4. Laporan      Keberlanjutan     (Sustainability  Report)
   sebagaimana dimaksud pada angka 1) merupakan bagian
   yang tidak terpisahkan dari Laporan Tahunan namun
   dapat disajikan secara terpisah dengan Laporan Tahunan.
  Sustainability Report as referred to in number 1) is an
  integral part of the Annual Report but can be presented
  separately from the Annual Report.

5. Dalam hal Laporan Keberlanjutan disajikan secara            a. Memuat seluruh informasi sebagaimana dimaksud pada angka 1); dan
   terpisah dengan Laporan Tahunan, informasi yang             b. Disusun sesuai Pedoman Teknis Penyusunan Laporan Keberlanjutan
   diungkapkan dalam Laporan Keberlanjutan dimaksud               (Sustainability Report) Bagi Emiten dan Perusahaan Publik sebagaimana
   harus:                                                         tercantum dalam Lampiran II yang merupakan bagian tidak terpisahkan
  In the event that the Sustainability Report is presented        dari Surat Edaran Otoritas Jasa Keuangan ini.
  separately from the Annual Report, the information           a. Contain all the information referred to in number 1); and
  disclosed in the Sustainability Report must:                 b. Be prepared according to Technical Guidelines for Preparing Sustainability
                                                                  Report for Issuers and Public Companies as listed in Appendix II which is
                                                                  an integral part of this Financial Services Authority Circular.




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                         Kriteria                                                   Penjelasan                             Halaman
                         Criteria                                                   Explanation                             Page

6. Dalam hal Laporan Keberlanjutan disajikan secara
   terpisah dengan Laporan Tahunan, maka dalam bagian
   tanggung jawab sosial dan lingkungan memuat informasi
   bahwa informasi mengenai tanggung jawab sosial
   dan lingkungan telah diungkapkan dalam Laporan
   Keberlanjutan yang disajikan secara terpisah dari
   Laporan Tahunan.
  In the event that the Sustainability Report is presented
  separately from the Annual Report, then the social
  and environmental responsibility section contains
  information that information regarding social and
  environmental responsibility has been disclosed in the
  Sustainability Report which is presented separately from
  the Annual Report.

7. Penyampaian Laporan Keberlanjutan (Sustainability
   Report) yang disajikan secara terpisah dengan Laporan
   Tahunan harus disampaikan bersamaan dengan
   penyampaian Laporan Tahunan.
  Submission of Sustainability Report presented separately
  from the Annual Report must be submitted together with
  the submission of the Annual Report.

Laporan Keuangan Tahunan yang Telah Diaudit / Audited Annual Financial Statements

Laporan keuangan tahunan yang dimuat dalam Laporan
Tahunan disusun sesuai dengan standar akuntansi
keuangan di Indonesia dan telah diaudit oleh akuntan
publik yang terdaftar di Otoritas Jasa Keuangan. Laporan
keuangan tahunan dimaksud memuat pernyataan mengenai
pertanggungjawaban atas laporan keuangan sebagaimana
diatur dalam Peraturan Otoritas Jasa Keuangan mengenai
tanggung jawab Direksi atas laporan keuangan atau
peraturan perundang-undangan di sektor pasar modal
yang mengatur mengenai laporan berkala perusahaan efek
dalam hal Emiten merupakan perusahaan efek.
The annual financial statements included in the Annual
Report are prepared in accordance with Indonesian
financial accounting standards and have been audited by
a public accountant registered with the Financial Services
Authority. The annual financial statements contain a
statement regarding accountability for financial statements
as stipulated in the Financial Services Authority Regulation
regarding the responsibility of the Board of Directors for
financial statements or laws and regulations in the capital
market sector which regulate periodic reports of securities
companies in the event that the Issuer is a securities
company.

Surat Pernyataan Anggota Direksi dan Anggota Dewan Komisaris tentang Tanggung Jawab atas Laporan Tahunan / Statement of Members of the
Board of Directors and Members of the Board of Commissioners regarding Responsibility for the Annual Report

Surat pernyataan anggota Direksi dan anggota Dewan
Komisaris tentang tanggung jawab atas Laporan Tahunan
disusun sesuai dengan format Surat Pernyataan Anggota
Direksi dan Anggota Dewan Komisaris tentang Tanggung
Jawab atas Laporan Tahunan sebagaimana tercantum
dalam Lampiran I yang merupakan bagian tidak terpisahkan
dari Surat Edaran Otoritas Jasa Keuangan ini.
Statements of members of the Board of Directors and
members of the Board of Commissioners regarding
responsibility for the Annual Report are prepared in
accordance with the format of Statement Letters
of Members of the Board of Directors and Board of
Commissioners regarding Responsibility for Annual Reports
as listed in Appendix I which is an integral part of this
Financial Services Authority Circular.




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Page 463
PT Bank Victoria International Tbk

Laporan keuangan tanggal 31 Desember 2023
dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Financial statements as of December 31, 2023
for the year then ended with independent auditor’s report
Page 464
                                                                                            The original financial statements included herein are in
                                                                                                                              Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                                PT BANK VICTORIA INTERNATIONAL Tbk
             LAPORAN KEUANGAN                                                                  FINANCIAL STATEMENTS
          TANGGAL 31 DESEMBER 2023                                                            AS OF DECEMBER 31, 2023
     DAN UNTUK TAHUN YANG BERAKHIR PADA                                                    AND FOR THE YEAR THEN ENDED
              TANGGAL TERSEBUT                                                          WITH INDEPENDENT AUDITOR’S REPORT
     BESERTA LAPORAN AUDITOR INDEPENDEN



                               Daftar Isi                                                                Table of Contents


                                                                         Halaman/
                                                                          Page

Surat Pernyataan Direksi                                                                          Statement Letter of the Board of Directors

Laporan Auditor Independen                                                                                      Independent Auditor’s Reports

Laporan Posisi Keuangan..............................................        1-3   .................................. Statement of Financial Position

Laporan Laba Rugi dan .................................................            .................................. Statement of Profit or Loss and
  Penghasilan Komprehensif Lain .................................            4-5   ................................ Other Comprehensive Income

Laporan Perubahan Ekuitas ..........................................         6-7   ................................. Statement of Changes in Equity

Laporan Arus Kas .........................................................   8-9   ........................................... Statement of Cash Flows

Catatan atas Laporan Keuangan ................................... 10-174 .............................. Notes to the Financial Statements




                                                                 ************************
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                                                                                       The original financial statements included herein are in
                                                                                                                         Indonesian language.

        PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
             LAPORAN POSISI KEUANGAN                                                 STATEMENT OF FINANCIAL POSITION
               Tanggal 31 Desember 2023                                                    As of December 31, 2023
           (Dinyatakan dalam Ribuan Rupiah,                                           (Expressed in Thousands of Rupiah,
                Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)



                                            31 Desember 2023/           Catatan/   31 Desember 2022/
                                            December 31, 2023           Notes      December 31, 2022*)

ASET                                                                                                                                       ASSETS

Kas                                                   92.820.864        2d,2i,4             51.897.124                                      Cash
                                                                                                                                 Current accounts
Giro pada Bank Indonesia                           1.493.076.850        2d,2j,5          1.506.565.848                     with Bank Indonesia

Giro pada bank lain                                  296.298.919         2d,2j,            228.384.427        Current accounts with other banks
Dikurangi: Cadangan kerugian                                             2g,6                                               Less: Allowance for
  penurunan nilai                                          (1.726)                                      -                  impairment losses

                                                     296.297.193                           228.384.427

Penempatan pada Bank Indonesia                                                                                  Placements with Bank Indonesia
  dan bank lain                                      916.367.530         2d,2g,            858.340.530                      and other banks
Dikurangi: Cadangan kerugian                                              2k,7                                             Less: Allowance for
  penurunan nilai                                       (998.782)                               (13.015)                  impairment losses

                                                     915.368.748                           858.327.515

Efek-efek                                          6.285.563.736         2d,2g,          4.818.553.397                       Marketable securities
Dikurangi: Cadangan kerugian                                              2l,8                                                Less: Allowance for
  penurunan nilai                                      (8.271.969)                           (8.862.949)                     impairment losses

                                                   6.277.291.767                         4.809.690.448
Efek-efek yang dibeli dengan                                                                                          Securities purchased under
  janji dijual kembali                               636.732.554        2d,2n,9            839.432.375                        resale agreement

Pendapatan bunga dan syariah                                                                                                    Interest and sharia
  yang masih akan diterima                           386.167.151        2d,2g,10           416.231.152                      income receivables
Dikurangi: Cadangan kerugian                                                                                                   Less: Allowance for
  penurunan nilai                                    (17.759.228)                          (24.551.373)                       impairment losses

                                                     368.407.923                           391.679.779

Pinjaman yang diberikan,                                                 2d,2g                                             Loans, sharia financing
  pembiayaan dan piutang syariah                                                                                                and receivables
  Pihak berelasi                                    143.896.441          2m,11              73.265.683                          Related parties
  Pihak ketiga                                   18.484.846.736                         15.751.345.408                             Third parties

                                                 18.628.743.177                         15.824.611.091
Dikurangi: Cadangan kerugian                                                                                                  Less: Allowance for
  penurunan nilai                                   (574.872.202)                         (538.118.251)                      impairment losses

                                                 18.053.870.975                         15.286.492.840

Tagihan akseptasi                                     12.474.839          2o                  7.754.446                   Acceptence receivables

Penyertaan saham                                     215.930.505         2p,12             242.104.323                      Investments in shares

Biaya dibayar dimuka                                  25.465.024         2t,13              19.714.677                           Prepaid expenses

Aset tetap dan aset hak guna                         505.086.595         2q,14             544.733.377 Fixed assets and right-of-use assets
Dikurangi: Akumulasi penyusutan                      (81.859.391)                          (73.880.350)    Less: Accumulated depreciation

                                                     423.227.204                           470.853.027

Agunan yang diambil alih                             802.486.682        2g,2s,15         1.237.844.890                         Foreclosed assets
Dikurangi: Cadangan kerugian                                                                                                  Less: Allowance for
  penurunan nilai                                   (251.870.489)                         (306.834.651)                      impairment losses

                                                     550.616.193                           931.010.239


*)    Konsolidasian sampai dengan divestasi entitas anak pada tanggal                  Consolidation until the date of divestment of subsidiary on *)
      22 Desember 2022 (Lihat Catatan 48)                                                                       December 22, 2022 (See Note 48)

 Catatan atas laporan keuangan terlampir merupakan bagian                          The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                                 financial statements.

                                                                          1
Page 475
                                                                                       The original financial statements included herein are in
                                                                                                                         Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                           PT BANK VICTORIA INTERNATIONAL Tbk
       LAPORAN POSISI KEUANGAN (lanjutan)                                        STATEMENT OF FINANCIAL POSITION (continued)
              Tanggal 31 Desember 2023                                                     As of December 31, 2023
          (Dinyatakan dalam Ribuan Rupiah,                                            (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)



                                           31 Desember 2023/           Catatan/     31 Desember 2022/
                                           December 31, 2023           Notes        December 31, 2022*)

ASET (lanjutan)                                                                                                             ASSETS (continued)

Aset tak berwujud - bersih                            8.192.813         2r,16                 2.531.184                     Intangible assets - net

Aset pajak tangguhan - bersih                       163.003.926        2ab,22c             197.607.333                   Deferred tax assets - net

Aset lain-lain                                      103.819.813         2t,17              102.279.016                               Other assets
Dikurangi: Cadangan kerugian                                                                                                  Less: Allowance for
  penurunan nilai                                   (12.356.770)                           (14.323.476)                      impairment losses

                                                     91.463.043                             87.955.540

JUMLAH ASET                                     29.624.240.421                          25.932.001.125                            TOTAL ASSETS


LIABILITAS DAN EKUITAS                                                                                                LIABILITIES AND EQUITY

LIABILITAS                                                                                                                           LIABILITIES
Simpanan nasabah                                                       2d,2u,18                                           Deposit from customers
  - Pihak berelasi                               1.397.970.027                             387.327.309                       Related parties -
  - Pihak ketiga                                21.031.210.465                          18.984.510.328                         Third parties -

                                                22.429.180.492                          19.371.837.637
Simpanan dari bank lain                                                2d,2u,19                                        Deposits from other banks
  - Pihak berelasi                                      478.732                                167.870                      Related parties -
  - Pihak ketiga                                  1.104.324.627                          1.334.784.750                         Third parties -

                                                  1.104.803.359                          1.334.952.620
Efek-efek yang dijual dengan                                                                                                Securities sold under
  janji dibeli kembali                              643.266.730        2d,2n,20            240.865.160                  repurchase agreement

Efek-efek yang diterbitkan                        1.347.639.528         2v,21            1.051.903.552                            Securities issued

Utang Akseptasi                                      11.959.811          2o                             -                    Acceptance payables

Utang pajak                                                            2ab,22a                                                     Taxes payable
  - Pajak penghasilan badan                                   -                             16.049.378                 Corporate income tax -
  - Pajak lainnya                                    29.310.442                             14.792.095                          Other taxes -

                                                     29.310.442                             30.841.473

Liabilitas imbalan kerja karyawan                    39.837.511        2ac,24b              40.196.622              Employee benefits obligation

Akrual dan liabilitas lain-lain                     193.457.538         2d,23              160.940.580               Accruals and other liabilities

JUMLAH LIABILITAS                               25.799.455.411                          22.231.537.644                       TOTAL LIABILITIES




*)   Konsolidasian sampai dengan divestasi entitas anak pada tanggal                   Consolidation until the date of divestment of subsidiary on *)
     22 Desember 2022 (Lihat Catatan 48)                                                                        December 22, 2022 (See Note 48)

 Catatan atas laporan keuangan terlampir merupakan bagian                          The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                                 financial statements.

                                                                         2
Page 476
                                                                                      The original financial statements included herein are in
                                                                                                                        Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
       LAPORAN POSISI KEUANGAN (lanjutan)                                       STATEMENT OF FINANCIAL POSITION (continued)
              Tanggal 31 Desember 2023                                                    As of December 31, 2023
          (Dinyatakan dalam Ribuan Rupiah,                                           (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)



                                           31 Desember 2023/           Catatan/    31 Desember 2022/
                                           December 31, 2023            Notes      December 31, 2022*)

LIABILITAS DAN EKUITAS (lanjutan)                                                                     LIABILITIES AND EQUITY (continued)

EKUITAS                                                                                                                                   EQUITY
Ekuitas yang dapat diatribusikan                                                                            Equity attributable to equity holders
  kepada pemilik entitas induk                                                                                              of the parent entity
Modal saham - nilai nominal Rp100                                                                                       Share capital - par value
  (nilai penuh) per saham                                                                                     Rp100 (full amount) per share
  Modal dasar -                                                                                                            Authorised capital –
  41.000.000.000 lembar saham                                                                                   41,000,000,000 shares as of
  pada 31 Desember 2023 dan 2022                                                                              December 31, 2023, and 2022
Modal ditempatkan dan disetor                                                                                               Issued and fully paid
  penuh - 15.848.235.778                                                                                              capital -15,848,235,778
  dan 15.848.234.714                                                                                                      and 15,848,234,714
  masing-masing saham pada                                                                                                         shares as of
  tanggal 31 Desember 2023                                                                                                 December 31, 2023
  dan 2022                                        1.584.823.578           25            1.584.823.471                   and 2022, respectively
Tambahan modal disetor                              668.684.728           26              670.584.856                   Additional paid-in capital
Kerugian yang belum                                                                                              Unrealised loss on changes in
  direalisasi atas perubahan nilai wajar                                                                              fair value of marketable
  efek-efek yang diukur pada                                                                                securities measured at fair value
  nilai wajar melalui penghasilan                                                                              through other comprehensive
  komprehensif lain, setelah pajak                  (16.832.287)        2d,2l             (38.589.677)                       income, net of tax
Surplus revaluasi aset tetap,                                                                                              Gain on revaluation of
  setelah pajak                                     382.456.152           14              382.456.152                  fixed assets, net of tax
Pengukuran kembali atas liabilitas                                                                              Remeasurements on employee
  imbalan kerja, setelah pajak                       19.466.902                            16.819.083             benefit liabilities, net of tax
Saldo laba:                                                                                                                    Retained earnings:
  - Telah ditentukan penggunaannya                  202.200.000           27              177.200.000                           Appropriated -
  - Belum ditentukan penggunaannya                  983.985.937                           907.169.596                       Unappropriated -

JUMLAH EKUITAS                                    3.824.785.010                         3.700.463.481                            TOTAL EQUITY

JUMLAH LIABILITAS DAN EKUITAS                   29.624.240.421                         25.932.001.125      TOTAL LIABILITIES AND EQUITY




*)   Konsolidasian sampai dengan divestasi entitas anak pada tanggal                  Consolidation until the date of divestment of subsidiary on *)
     22 Desember 2022 (Lihat Catatan 48)                                                                      December 22, 2022 (See Note 48)

 Catatan atas laporan keuangan terlampir merupakan bagian                         The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                                financial statements.

                                                                         3
Page 477
                                                                                      The original financial statements included herein are in
                                                                                                                        Indonesian language.


       PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
      LAPORAN LABA RUGI DAN PENGHASILAN                                             STATEMENT OF PROFIT OR LOSS AND
                KOMPREHENSIF LAIN                                                     OTHER COMPREHENSIVE INCOME
             Untuk Tahun Yang Berakhir                                              For the Year Ended December 31, 2023
           Pada Tanggal 31 Desember 2023                                             (Expressed in Thousands of Rupiah,
          (Dinyatakan dalam Ribuan Rupiah,                                                 Unless Otherwise Stated)
               Kecuali Dinyatakan Lain)

                                              Tahun yang Berakhir pada Tanggal 31 Desember/
                                                        Year Ended December 31,

                                                                       Catatan/
                                                    2023                Notes             2022*)

PENDAPATAN DAN BEBAN                                                                                                      OPERATING INCOME
  OPERASIONAL                                                                                                               AND EXPENSES
Pendapatan bunga dan syariah                                                                                          Interest and sharia income
  Pendapatan bunga                                1.836.391.130         2y, 29          1.635.522.726                          Interest income
  Pendapatan syariah                                          -         2y, 29             69.495.685                           Sharia income

                                                  1.836.391.130                         1.705.018.411
Beban bunga dan syariah                          (1.257.661.775)        2y, 30           (971.637.742)              Interest and sharia expense

Pendapatan bunga dan                                                                                                                 Interest and
  syariah - bersih                                  578.729.355                           733.380.669                      sharia income - net

Pendapatan operasional lainnya                                                                                        Other operating income
  Pendapatan dari investasi                                                                                       Income from investment in
     reksadana                                       13.292.046                              5.133.142                          mutual funds
  Keuntungan atas penjualan                                                                                       Gains on sale of securities
     efek-efek yang diukur pada                                                                                            measured at fair
     nilai wajar melalui laba rugi                                                                                             value through
     dan penghasilan                                                                                                profit or loss and other
     komprehensif lain - bersih                      35.431.712          2d                19.273.193         comprehensive income - net
  Provisi dan komisi selain dari                                                                                 Fees and commissions from
     pinjaman                                        15.679.319          2z                 7.143.802        transactions other than loans
Lain-lain - bersih                                  188.962.184          31               348.653.086                                 Others - net
Jumlah pendapatan
  operasional lainnya                               253.365.261                           380.203.223              Total other operating income
Beban operasional lainnya                                                                                      Other operating expenses
  Beban penyisihan kerugian                                                                                 Provision for impairment losses
    penurunan nilai aset keuangan                  (242.509.120)        2g,32            (223.959.331)              on financial assets
  Pembalikan (beban) penyisihan                                                                                   Reversal (provision) for
    kerugian penurunan nilai                                                                                     impairment losses on
    aset non-keuangan                                54.964.162         2h,32             (47.616.890)            non-financial assets
  Kerugian atas perubahan                                                                                Loss on changes in fair value of
    nilai wajar penyertaan                                                                             investment in shares measured
    saham yang diukur pada nilai                                                                                  at fair value through
    wajar melalui laba rugi                        (31.877.279)         2d, 12             (2.980.457)                     profit or loss
  Keuntungan/(kerugian) yang                                                                                      Unrealised profit/(loss)
    belum terealisasi atas                                                                                    on changes in fair value
    perubahan nilai wajar efek-efek                                                                            of securities measured
    yang diukur pada nilai                                                                                        at fair value through
    wajar melalui laba rugi - bersih                  3.930.662          2d                (1.263.942)               profit or loss - net
                                                                                                                General and administrative
Beban umum dan administrasi                        (158.899.846)       2aa,33            (148.563.568)                        expenses
Beban tenaga kerja                                 (157.155.510)       2aa,34            (163.030.989)              Personnel expenses
Lain-lain                                          (126.476.550)         35              (112.102.276)                               Others

Jumlah beban operasional lainnya                   (658.023.481)                         (699.517.453)        Total other operating expenses

LABA OPERASIONAL                                    174.071.135                           414.066.439           PROFIT FROM OPERATIONS
Beban Non-Operasional - Bersih                      (44.534.907)         36               (57.135.612)          Non-Operating Expenses - Net
LABA SEBELUM BEBAN                                                                                                         PROFIT BEFORE
  PAJAK PENGHASILAN                                 129.536.228                           356.930.827                INCOME TAX EXPENSE
BEBAN PAJAK                                                                                                                       INCOME TAX
  PENGHASILAN - BERSIH                              (27.719.887)       2ab,22b           (130.757.374)                          BENEFIT - NET

LABA BERSIH                                                                                                                        NET PROFIT
  TAHUN BERJALAN                                    101.816.341                           226.173.453                          FOR THE YEAR

*)   Konsolidasian sampai dengan divestasi entitas anak pada tanggal                  Consolidation until the date of divestment of subsidiary on *)
     22 Desember 2022 (Lihat Catatan 48)                                                                      December 22, 2022 (See Note 48)

 Catatan atas laporan keuangan terlampir merupakan bagian                         The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                                financial statements.

                                                                         4
Page 478
                                                                                     The original financial statements included herein are in
                                                                                                                       Indonesian language.


       PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
      LAPORAN LABA RUGI DAN PENGHASILAN                                             STATEMENT OF PROFIT OR LOSS AND
           KOMPREHENSIF LAIN (lanjutan)                                          OTHER COMPREHENSIVE INCOME (continued)
             Untuk Tahun Yang Berakhir                                              For the Year Ended December 31, 2023
           Pada Tanggal 31 Desember 2023                                             (Expressed in Thousands of Rupiah,
          (Dinyatakan dalam Ribuan Rupiah,                                                 Unless Otherwise Stated)
               Kecuali Dinyatakan Lain)

                                              Tahun yang Berakhir pada Tanggal 31 Desember/
                                                        Year Ended December 31,

                                                                       Catatan
                                                    2023                Notes            2022*)

PENGHASILAN                                                                                                        OTHER COMPREHENSIVE
KOMPREHENSIF LAIN                                                                                                              INCOME

Pos-pos yang akan direklasifikasi                                                                           Items that would be reclassified
  ke laba rugi                                                                                                             to profit or loss
Perubahan nilai wajar                                                                                                  Changes in fair value of
  efek-efek yang diukur pada                                                                                           marketable securities
  nilai wajar melalui penghasilan                                                                             measured at fair value through
  komprehensif lain                                  27.894.092         2d,2l             (84.273.995)         other comprehensive income
Pajak tangguhan terkait                               (6.136.700)        22c               15.958.836             Related deferred income tax

                                                     21.757.392                           (68.315.159)

Pos yang tidak akan                                                                                               Items that would never be
  direklasifikasi ke laba rugi                                                                                reclassified to profit or loss
Pengukuran kembali atas                                                                                                  Remeasurements on
  liabilitas imbalan kerja                            3.394.639           24               (2.230.737)           employee benefit liabilities
Pajak tangguhan terkait                                (746.821)         22c                  307.249          Related deferred income tax

                                                      2.647.818                           (1.923.488)

PENGHASILAN (RUGI)                                                                                                 OTHER COMPREHENSIVE
KOMPREHENSIF LAIN,                                                                                                  INCOME (LOSS), NET OF
SETELAH PAJAK PENGHASILAN                            24.405.210                           (70.238.647)                        INCOME TAX

JUMLAH PENGHASILAN                                                                                                 TOTAL COMPREHENSIVE
KOMPREHENSIF                                        126.221.551                          155.934.806                            INCOME


Laba bersih yang dapat                                                                                                         Net income
  diatribusikan kepada:                                                                                                  attributable to:
  Pemilik entitas induk                             101.816.341                          226.173.453 Equity holders of the parent entity
  Kepentingan nonpengendali                                   -         2c,42                      -           Non-controlling interest

                                                    101.816.341                          226.173.453

Penghasilan komprehensif                                                                                         Comprehensive imcome
  yang dapat diatribusikan kepada:                                                                                       attributable to:
  Pemilik entitas induk                             126.221.551                          155.934.806 Equity holders of the parent entity
  Kepentingan nonpengendali                                   -         2c,42                      -           Non-controlling interest

                                                    126.221.551                          155.934.806

LABA BERSIH PER SAHAM                                                                                                INCOME PER SHARE
  YANG DAPAT DIATRIBUSIKAN                                                                                    ATTRIBUTABLE TO ENTITY
  KEPADA PEMILIK                                                                                                      HOLDERS OF THE
  ENTITAS INDUK                                                                                                         PARENT ENTITY
  Dasar (Rupiah penuh)                                      6,42       2ad,37                     19,17                Basic (full Rupiah)
  Dilusian (Rupiah penuh)                                   6,42       2ad,37                     19,17               Diluted (full Rupiah)




*)   Konsolidasian sampai dengan divestasi entitas anak pada tanggal                 Consolidation until the date of divestment of subsidiary on *)
     22 Desember 2022 (Lihat Catatan 48)                                                                     December 22, 2022 (See Note 48)


 Catatan atas laporan keuangan terlampir merupakan bagian                        The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                               financial statements.

                                                                         5
Page 479
                                                                                                                                                                                                 The original financial statements included herein are in Indonesian language.

                                 PT BANK VICTORIA INTERNATIONAL Tbk                                                                                                                        PT BANK VICTORIA INTERNATIONAL Tbk
                                     LAPORAN PERUBAHAN EKUITAS                                                                                                                               STATEMENT OF CHANGES IN EQUITY
                                      Untuk Tahun yang Berakhir pada                                                                                                                                  For the Year Ended
                                        Tanggal 31 Desember 2023                                                                                                                                      December 31, 2023
                         (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                                                 (Expressed in Thousands of Rupiah, Unless Otherwise Stated)



                                                                                                                Keuntungan
                                                                                                             (kerugian) yang
                                                                                                                    belum
                                                                                                              direalisasi atas
                                                                                                             perubahan nilai
                                                                                                              wajar efek-efek
                                                                                                                yang diukur
                                                                                                             pada nilai wajar
                                                                                                                   melalui
                                                                                                                penghasilan
                                                                                                               komprehensif
                                                                                                               lain - setelah
                                                                                                                    pajak
                                                                                                                tangguhan/
                                                                                                             Unrealised gains
                                                                                                                  (loss) on
                                                                                                              changes in fair
                                                                                                                   value of
                                                                                                                marketable                             Pengukuran
                                                                                                                                       Surplus         kembali atas                     Saldo laba/
                                                                                                                 securities
                                                                                                                                  revaluasi aset    liabilitas imbalan               Retained earnings
                                                       Modal                                                 measured at fair
                                                   ditempatkan                                                                    tetap - setelah     kerja - setelah                                                                  Kepentingan
                                                                                                               value through            pajak/             pajak/
                                                   dan disetor                          Setoran modal               other                                                                                                                  non
                                                      penuh/           Tambahan            diterima                                    Gain on      Remeasurements                Telah              Belum                             pengendali/
                                                    Issued and        modal disetor/    dimuka/Capital       comprehensive        revaluation of       on employee             ditentukan          ditentukan                              Non-             Jumlah
                                        Catatan/     fully paid         Additional        received in         income - net of      fixed assets -   benefit liabilities -   penggunaannya/       penggunaannya/       Jumlah/           controlling         ekuitas/
                                         Notes        capital         paid-in capital      advance                   tax              net of tax        net of tax            Appropriated       Unappropriated        Total             interest         Total equity

Saldo per 1 Januari 2023                           1.584.823.471          670.584.856                    -         (38.589.677)      382.456.152            16.819.083           177.200.000          907.169.596     3.700.463.481                   -   3.700.463.481 Balance as of January 1, 2023

Dana setoran modal                         25                107                    -                    -                   -                  -                      -                     -                    -             107                   -             107                Capital deposit fund

Biaya emisi efek                                                  -       (1.900.128)                    -                   -                  -                      -                     -                    -      (1.900.128)                  -      (1.900.128)                      Issuance cost

Penghasilan komprehensif lain:                                                                                                                                                                                                                                             Other comprehensive income:
   Aset keuangan yang diukur                                                                                                                                                                                                                                           Financial assets measured at
      pada nilai wajar melalui                                                                                                                                                                                                                                            fair value through other
      penghasilan komprehensif                                                                                                                                                                                                                                           comprehensive income,
      lain, setelah pajak                                         -                 -                    -          21.757.390                  -                      -                     -                    -     21.757.390                    -     21.757.390                     net of tax
                                                                                                                                                                                                                                                                                      Remeasurements
   Pengukuran kembali atas liabilitas                                                                                                                                                                                                                                         on employee benefit
      imbalan kerja, setelah pajak         24                     -                 -                    -                   -                  -            2.647.819                       -                    -       2.647.819                   -      2.647.819         liabilities, net of tax

Pembentukan cadangan umum                  28                     -                 -                    -                   -                  -                      -          25.000.000          (25.000.000)                -                   -                  - Appropriation for general reserve

Laba bersih tahun berjalan                                        -                 -                    -                   -                  -                      -                     -        101.816.341      101.816.341                    -    101.816.341              Net income for the year

                                                                                                                                                                                                                                                                                          Balance as of
Saldo per 31 Desember 2023                         1.584.823.578         668.684.728                     -         (16.832.287)      382.456.152            19.466.902           202.200.000          983.985.937     3.824.785.010                   -   3.824.785.010            December 31, 2023




      Catatan atas laporan keuangan terlampir merupakan bagian integral dari laporan keuangan ini.                                                                                The accompanying notes form an integral part of these financial statements.

                                                                                                                                                        6
Page 480
                                                                                                                                                                                                             The original financial statements included herein are in Indonesian language.

                                 PT BANK VICTORIA INTERNATIONAL Tbk                                                                                                                                    PT BANK VICTORIA INTERNATIONAL Tbk
                                LAPORAN PERUBAHAN EKUITAS (lanjutan)                                                                                                                               STATEMENT OF CHANGES IN EQUITY (continued)
                                      Untuk Tahun yang Berakhir pada                                                                                                                                              For the Year Ended
                                        Tanggal 31 Desember 2023                                                                                                                                                  December 31, 2023
                         (Disajikan dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                                                             (Expressed in Thousands of Rupiah, Unless Otherwise Stated)




                                                                                                                        Keuntungan
                                                                                                                     (kerugian) yang
                                                                                                                            belum
                                                                                                                      direalisasi atas
                                                                                                                     perubahan nilai
                                                                                                                      wajar efek-efek
                                                                                                                        yang diukur
                                                                                                                     pada nilai wajar
                                                                                                                           melalui
                                                                                                                        penghasilan
                                                                                                                       komprehensif
                                                                                                                       lain - setelah
                                                                                                                            pajak
                                                                                                                        tangguhan/
                                                                                                                     Unrealised gains
                                                                                                                          (loss) on
                                                                                                                      changes in fair
                                                                                                                           value of                                                                 Saldo laba/
                                                                                                                        marketable                                 Pengukuran                    Retained earnings
                                                                                                                                               Surplus             kembali atas
                                                                                                                         securities
                                                                                                                                          revaluasi aset        liabilitas imbalan
                                                       Modal                                                         measured at fair
                                                   ditempatkan                                                                            tetap - setelah         kerja - setelah                                                                  Kepentingan
                                                                                                                       value through            pajak/                 pajak/
                                                   dan disetor                                  Setoran modal               other                                                                                                                      non
                                                      penuh/               Tambahan                diterima                                    Gain on          Remeasurements                Telah              Belum                             pengendali/
                                                    Issued and            modal disetor/        dimuka/Capital       comprehensive        revaluation of           on employee             ditentukan          ditentukan                              Non-             Jumlah
                                        Catatan/     fully paid             Additional            received in         income - net of      fixed assets -       benefit liabilities -   penggunaannya/       penggunaannya/       Jumlah/           controlling         ekuitas/
                                         Notes        capital             paid-in capital          advance                   tax              net of tax            net of tax            Appropriated       Unappropriated        Total             interest         Total equity

Saldo per 1 Januari 2022                           1.048.713.257             407.785.927            278.000.000             18.283.309       382.456.152                20.973.059           186.356.165          671.839.978     3.014.407.847           17.327      3.014.425.174 Balance as of January 1, 2022

Dana setoran modal                        25,26      536.110.214             268.055.108          (278.000.000)                      -                      -                      -                     -                    -    526.165.322                    -     526.165.322                  Capital deposit fund
                                                                                                                                                                                                                                                                                                         Appropriation for
Biaya emisi efek                                                  -           (4.287.797)                        -                   -                      -                      -                     -                    -     (4.287.797)                   -      (4.287.797)                  general reserve
Penghasilan komprehensif lain:                                                                                                                                                                                                                                                          Other comprehensive income:
    Aset keuangan yang diukur                                                                                                                                                                                                                                                       Financial assets measured at
       pada nilai wajar melalui                                                                                                                                                                                                                                                        fair value through other
       penghasilan komprehensif                                                                                                                                                                                                                                                       comprehensive income,
       lain, setelah pajak                                            -                 -                        -         (68.315.159)                     -                      -                     -                    -     (68.315.159)                  -     (68.315.159)                    net of tax
                                                                                                                                                                                                                                                                                                   Remeasurements
   Pengukuran kembali atas liabilitas                                                                                                                                                                                                                                                      on employee benefit
      imbalan kerja, setelah pajak         24                         -                 -                        -                   -                      -           (1.923.488)                      -                    -     (1.923.488)                          (1.923.488)        liabilities, net of tax

Transaksi kombinasi bisnis                                                                                                                                                                                                                                                         Business combination transaction
   entitas sepengendali                   48                          -        (968.382)                         -                   -                  -                          -                     -                    -       (968.382)                   -        (968.382)   with under common control

Laba bersih tahun berjalan                                            -                 -                        -                   -                  -                          -                     -        226.173.453       226.173.453                   -     226.173.453             Net income for the year

Dampak kehilangan pengendalian                                                                                                                                                                                                                                                                         Loss of control
  entitas anak                            48                      -                         -                    -          11.442.173                      -           (2.230.488)           (9.156.165)            9.156.165       9.211.685          (17.327)          9.194.358                     on subsidiary
                                                                                                                                                                                                                                                                                                       Balance as of
Saldo per 31 Desember 2022                         1.584.823.471              670.584.856                        -        (38.589.677)        382.456.152               16.819.083           177.200.000          907.169.596     3.700.463.481                   -   3.700.463.481                December 31, 2022




      Catatan atas laporan keuangan terlampir merupakan bagian integral dari laporan keuangan ini.                                                                                            The accompanying notes form an integral part of these financial statements.

                                                                                                                                                                    7
Page 481
                                                                                     The original financial statements included herein are in
                                                                                                                       Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                         PT BANK VICTORIA INTERNATIONAL Tbk
                LAPORAN ARUS KAS                                                      STATEMENT OF CASH FLOWS
             Untuk Tahun Yang Berakhir                                                      For the Year Ended
           Pada Tanggal 31 Desember 2023                                                    December 31, 2023
          (Dinyatakan dalam Ribuan Rupiah,                                          (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)



                                              Tahun yang Berakhir pada Tanggal 31 Desember/
                                                        Year Ended December 31,

                                                                       Catatan
                                                    2023                Notes            2022*)

ARUS KAS DARI                                                                                                           CASH FLOWS FROM
AKTIVITAS OPERASI                                                                                                  OPERATING ACTIVITIES
Penerimaan dari pendapatan                                                                                    Receipt from interest and sharia
  bunga dan syariah dan komisi                    1.866.455.131                        1.585.072.007             income and commissions
                                                                                                                            Payment of interest
Pembayaran bunga dan syariah                     (1.241.689.538)                        (936.209.912)                   and sharia expense
Penerimaan dari pendapatan                                                                                                   Receipt from other
  operasional lainnya                               253.716.401                          363.010.679                       operating income
Penerimaan dari penjualan                                                                                                     Receipt from sale
  agunan yang diambil alih                          385.438.160                           14.100.990                    of foreclosed assets
Pembayaran beban umum                                                                                                 Payment of general and
  dan administrasi                                (135.297.898)                         (118.616.627)              administrative expenses
Pembayaran beban tenaga kerja                     (161.897.333)                         (132.899.824)         Payment of personnel expenses
Pembayaran beban                                                                                                             Payments of other
  operasional lainnya                             (128.942.847)                          (62.433.855)                   operating expenses
Pendapatan (pembayaran)                                                                                            Receipt (payment) of other
  non-operasional lainnya                             3.870.773                          (28.897.837)                non-operating income
Pembayaran pajak penghasilan                        (16.049.378)                                   -                   Payment of income tax

                                                    825.603.471                          683.125.621
(Kenaikan)/penurunan dalam                                                                                             (Increase)/decrease in
  aset operasi:                                                                                                           operating assets:
  Pinjaman yang diberikan                       (3.012.792.297)                       (1.435.674.433)                                Loans
  Efek-efek yang dibeli dengan                                                                                        Securities purchased
    janji dijual kembali                            202.699.821           9             (148.717.805)           under resale agreements
  Beban dibayar dimuka                               (5.750.347)                         (12.026.402)                    Prepaid expenses
  Penyertaan saham                                   26.173.818                          147.361.993                 Investments in shares
  Aset hak guna                                     (21.754.778)                         (26.880.935)                   Right-of-use assets
  Aset lain-lain                                      9.055.375                          (20.283.799)                          Other assets

Kenaikan/(penurunan) dalam                                                                                             Increase/(decrease) on
  kewajiban operasi                                                                                                      operating liabilities:
  Simpanan nasabah                                3.057.342.854                        1.299.895.991                Deposits from customers
  Simpanan dari bank lain                          (230.149.261)                         326.161.686              Deposits from other banks
  Efek-efek yang dijual dengan                                                                                         Securities sold under
    janji dibeli kembali                            402.401.570          20              240.865.160              repurchase agreements
  Utang akseptasi                                    11.959.811                                    -                   Acceptance payables
  Utang pajak lainnya                                14.518.346         22a                3.224.742                     Other tax payables

Arus kas bersih diperoleh                                                                                            Cash flow provided from
  dari aktivitas operasi                         1.279.308.383                         1.057.051.819                   operating activities




*)   Konsolidasian sampai dengan divestasi entitas anak pada tanggal                 Consolidation until the date of divestment of subsidiary on *)
     22 Desember 2022 (Lihat Catatan 48)                                                                     December 22, 2022 (See Note 48)


 Catatan atas laporan keuangan terlampir merupakan bagian                        The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                               financial statements.

                                                                         8
Page 482
                                                                                      The original financial statements included herein are in
                                                                                                                        Indonesian language.

        PT BANK VICTORIA INTERNATIONAL Tbk                                         PT BANK VICTORIA INTERNATIONAL Tbk
            LAPORAN ARUS KAS (lanjutan)                                            STATEMENT OF CASH FLOWS (continued)
              Untuk Tahun Yang Berakhir                                                      For the Year Ended
            Pada Tanggal 31 Desember 2023                                                    December 31, 2023
           (Dinyatakan dalam Ribuan Rupiah,                                          (Expressed in Thousands of Rupiah,
                Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)



                                               Tahun yang Berakhir pada Tanggal 31 Desember/
                                                         Year Ended December 31,

                                                                        Catatan
                                                     2023                Notes           2022*)

ARUS KAS DARI AKTIVITAS                                                                                            NET CASH FLOWS FROM
INVESTASI                                                                                                            INVESTING ACTIVITIES
Hasil penjualan aset tetap                            45.395.525          14               17.287.045        Proceeds from sale of fixed assets
Pembelian aset tetap                                 (16.195.800)         14               (7.526.642)                Purchase of fixed assets
Pembelian aset tak berwujud                           (7.289.250)         16               (1.879.808)           Purchase of intangible assets
Pembelian/(penjualan)                                                                                            Purchase/(sale) of marketable
  efek-efek                                       (1.435.185.586)                        (240.818.457)                              securities

Arus kas bersih digunakan                                                                                               Net cash flow used in
  untuk aktivitas investasi                      (1.413.275.111)                         (232.937.862)              from investing activities

ARUS KAS DARI AKTIVITAS                                                                                                   CASH FLOWS FROM
PENDANAAN                                                                                                              FINANCING ACTIVITIES
Penambahan modal disetor                              (1.900.021)                         520.909.143                   Additional paid-in capital
Penerbitan obligasi                                  500.000.000          21                         -                           Bonds Issuance
Pinjaman yang diterima                                          -                         (50.000.000)                           Loans received
Pelunasan jatuh tempo obligasi                      (200.000.000)         21             (300.000.000)                         Bonds repayment
Pembayaran sewa                                      (10.757.017)                          (10.958.755)                        Payment for lease

Arus kas bersih diperoleh                                                                                             Net cash flow provided
  dari aktivitas pendanaan                           287.342.962                          159.950.388              from financing activities

KENAIKAN BERSIH KAS                                                                                                   NET INCREASE OF
DAN SETARA KAS                                       153.376.234                          984.064.345      CASH AND CASH EQUIVALENTS

KAS DAN SETARA                                                                                             CASH AND CASH EQUIVALENTS
  KAS PADA AWAL TAHUN                              2.645.187.929                        1.886.562.456       AT BEGINNING OF THE YEAR

Dampak kehilangan pengendalian                                                                                                  Loss of control on
  entitas anak                                                   -                       (225.438.872)                              subsidiary

KAS DAN SETARA KAS                                                                                         CASH AND CASH EQUIVALENTS
  PADA AKHIR TAHUN                                 2.798.564.163                        2.645.187.929            AT END OF THE YEAR

Kas dan setara kas terdiri dari:                                                                      Cash and cash equivalent consist of:
  Kas                                                 92.820.864           4               51.897.124                             Cash
                                                                                                                      Current accounts
     Giro pada Bank Indonesia                      1.493.076.850           5            1.506.565.848              with Bank Indonesia
                                                                                                                 Current accounts with
     Giro pada bank lain                             296.298.919           6              228.384.427                    other banks
     Penempatan pada Bank                                                                                              Placements with
       Indonesia dan Bank                                                                                  Bank Indonesia and other
       lain dibawah 3 bulan                          916.367.530          7b              858.340.530      Banks less than 3 months

Jumlah kas dan setara kas                          2.798.564.163                        2.645.187.929       Total cash and cash equivalents




*)    Konsolidasian sampai dengan divestasi entitas anak pada tanggal                 Consolidation until the date of divestment of subsidiary on *)
      22 Desember 2022 (Lihat Catatan 48)                                                                     December 22, 2022 (See Note 48)


 Catatan atas laporan keuangan terlampir merupakan bagian                         The accompanying notes form an integral part of these
                integral dari laporan keuangan ini.                                                financial statements.

                                                                          9
Page 483
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


1.   INFORMASI UMUM                                            1.   GENERAL INFORMATION

     a.   Pendirian dan informasi umum                              a.    Establishment and general information

          PT Bank Victoria International Tbk (“Bank”)                     PT Bank Victoria International Tbk (“the Bank”)
          didirikan pada tanggal 28 Oktober 1992                          was established on October 28, 1992 based on
          berdasarkan Akta Notaris A. Partomuan Pohan,                    Notarial Deed No. 71 of A. Partomuan Pohan,
          S.H., LL.M. No. 71 yang selanjutnya diadakan                    S.H., LL.M., subsequently amended by Deed
          pembetulan dengan Akta No. 30 tanggal                           No. 30 dated June 8, 1993 from the same
          8 Juni 1993 dari Notaris yang sama. Akta                        notary. The deed of establishment was
          pendirian tersebut disahkan oleh Menteri                        approved by the Ministry of Justice of the
          Kehakiman Republik Indonesia melalui Surat                      Republic of Indonesia in its Decision
          Keputusan No. C2-4903.HT.01.01.TH 93                            Letter No. C2-4903.HT.01.01.TH 93 dated
          tanggal 19 Juni 1993 dan telah didaftarkan                      June 19, 1993 and was registered at the State
          pada Kepaniteraan Pengadilan Negeri Jakarta                     Court      Secretary     in   North     Jakarta
          Utara No. 342/Leg/1993 tanggal 29 Juni 1993                     No. 342/Leg/1993 dated June 29, 1993 also
          serta telah diumumkan dalam Berita Negara                       was published in Supplement No. 2602 to the
          Republik Indonesia No. 39, Tambahan                             State Gazette of the Republic of Indonesia
          No. 2602 tanggal 15 Mei 1998. Anggaran Dasar                    No. 39 dated May 15, 1998. The Bank’s articles
          Bank     telah   beberapa    kali  mengalami                    of association has been amended several times,
          perubahan, perubahan terakhir Anggaran Dasar                    and the latest was based on Notarial Deed
          dengan Akta No. 7 tanggal 3 Juni 2022 yang                      No. 7 dated June 3, 2022 of Fatihah Helmi,
          dibuat dihadapan Fathiah Helmi, S.H., Notaris                   S.H., a notary in Jakarta which has been
          di Jakarta yang telah mendapat persetujuan                      approved      by    Ministry  of    Law    and
          dari Kementerian Hukum dan Hak Asasi                            Human Rights of the Republic of Indonesia
          Manusia Republik Indonesia No. AHU-                             No. AHU-0037529.AH.01.02.TH 2022 dated
          0037529.AH.01.02.Tahun 2022 tanggal 4 Juni                      June 4, 2022 and has been accepted and
          2022 dan telah diterima dan dicatat dalam                       recorded in database of Legal Entities
          database Sistem Administrasi Badan Hukum                        Administration System of the Ministry of Law
          Kementerian Hukum dan Hak Asasi Manusia                         and Human Rights of the Republic of Indonesia
          Republik       Indonesia       No.      AHU-                    in its Letter No. AHU-0103473.AH.01.11 dated
          0103473.AH.01.11 tanggal 4 Juni 2022.                           June 4, 2022.

          Sesuai dengan pasal 3 anggaran dasar Bank,                      According to article 3 of the Bank’s articles of
          ruang    lingkup   kegiatan   Bank    adalah                    association, the scope of Bank’s activities is to
          menjalankan usaha sebagai bank umum sesuai                      engage in commercial banking activities in
          dengan ketentuan dan perundang-undangan                         accordance with the existing regulations. The
          yang berlaku. Bank mulai beroperasi secara                      Bank commenced its commercial operations on
          komersial pada tanggal 5 Oktober 1994 sesuai                    October 5, 1994 based on the operating
          dengan izin usaha yang diberikan oleh Menteri                   license from the Ministry of Finance of the
          Keuangan Republik Indonesia dalam Surat                         Republic of Indonesia in its Decision Letter
          Keputusan No. 402/KMK.017/1994 tanggal                          No. 402/KMK.017/1994 dated August 10, 1994.
          10 Agustus 1994.

          Bank telah mendapatkan izin menjadi bank                        Bank was approved as a foreign exchange bank
          devisa pada tanggal 13 Desember 2016 sesuai                     on December 13, 2016 in accordance with
          dengan Surat Kepala Departemen Perizinan                        Head of Licensing and Banking Information
          dan Informasi Perbankan - Otoritas Jasa                         Department Letter - Financial Services Authority
          Keuangan No. S-423/PB.12/2016 dan efektif                       (“OJK”) No. S-423/PB.12/2016 and effectively
          beroperasi menjadi bank devisa pada                             commenced as a foreign exchange bank on
          tanggal 20 Februari 2017. Bank memperoleh                       February 20, 2017. The Bank obtained a license
          izin usaha sebagai pedagang valuta asing                        as money changer from Bank Indonesia based
          dari Bank    Indonesia  berdasarkan   Surat                     on Letter No. 029/126/UOPM dated March 25,
          No. 029/126/UOPM tanggal 25 Maret 1997.                         1997.




                                                          10
Page 484
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                    1.   GENERAL INFORMATION (continued)

     a.   Pendirian dan informasi umum (lanjutan)                      a.    Establishment        and     general      information
                                                                             (continued)

          Kantor Pusat Bank berlokasi di Graha BIP                           The Bank’s Head Office is located at Graha BIP
          Lantai 10, Jalan Gatot Subroto Kav. 23 Jakarta.                    10th Floor, Jalan Gatot Subroto Kav. 23 Jakarta.
          Bank memiliki kantor pusat, dengan kantor                          The Bank has operational head office and a
          cabang utama, kantor cabang pembantu, dan                          number of branches, sub-branches, and cash
          kantor kas sebagai berikut (tidak diaudit):                        offices as follows (unaudited):
                                                31 Desember/December 31,

                                                 2023                   2022

          Kantor Pusat                                       1                      1                                   Head Office
          Kantor Cabang                                     14                     14                                     Branches
          Kantor Cabang Pembantu                            24                     24                                 Sub-Branches

     b.   Penawaran umum saham dan penerbitan                          b.    Public offering of the Bank’s shares and
          obligasi Bank                                                      issuance of bonds

          Penawaran umum saham                                               Public offering of shares

          Pada tanggal 4 September 1999, Bank                                On September 4, 1999, the Bank obtained an
          memperoleh pernyataan efektif dari Ketua                           effective notification from the Chairman of the
          Badan Pengawas Pasar Modal (Bapepam)                               Capital Market Supervisory Agency (Bapepam)
          melalui    Surat   No. S-835/PM/1999      untuk                    through Letter No. S-835/PM/1999 to conduct
          melakukan penawaran umum perdana kepada                            an initial public offering of 250,000,000 shares
          masyarakat sejumlah 250.000.000 saham                              with a par value and an offering price of Rp100
          dengan nilai nominal dan harga penawaran                           (full amount) per share and 80,000,000 Series I
          sebesar Rp100 (nilai penuh) per saham dan                          Warrants. On September 30, 1999, the Bank’s
          sejumlah 80.000.000 Waran Seri I. Pada                             shares have been listed in Jakarta Stock
          tanggal 30 September 1999, saham tersebut                          Exchange.
          telah dicatatkan pada Bursa Efek Jakarta.

          Pada tanggal 14 Agustus 2000, Bank                                 On August 14, 2000, the Bank obtained an
          memperoleh pernyataan efektif dari Ketua                           effective notification from the Chairman of
          Bapepam melalui Surat No.S-2044/PM/2000                            Bapepam through Letter No. S-2044/PM/2000
          untuk melakukan Penawaran Umum Terbatas                            to conduct Limited Public Offering (LPO) I to
          (PUT) I kepada para pemegang saham dalam                           issue Preemptive Rights of 614,000,000 shares
          rangka penerbitan Hak Memesan Efek Terlebih                        with a par value of Rp100 (full amount) and an
          Dahulu sejumlah 614.000.000 saham dengan                           offering price of Rp115 (full amount) per share
          nilai nominal sebesar Rp100 (nilai penuh) dan                      and 85,960,000 Series II Warrants. On
          harga penawaran sebesar Rp115 (nilai penuh)                        September 28, 2000, these shares had been
          per saham dan sejumlah 85.960.000 Waran                            listed in Jakarta Stock Exchange. From LPO I,
          Seri          II.         Pada         tanggal                     the shares that were undertaken by the entitled
          28 September 2000, saham tersebut telah                            shareholders was 100,000,000 shares.
          dicatatkan pada Bursa Efek Jakarta. Dari PUT I
          ini, jumlah yang diambil oleh pemegang saham
          yang berhak sejumlah 100.000.000 saham.
          Pada tanggal 21 Februari 2003, Bank                                On February 21, 2003, the Bank obtained an
          memperoleh pernyataan efektif dari Ketua                           effective notification from the Chairman of
          Bapepam melalui Surat No. S-36/PM/2003                             Bapepam through Letter No. S-36/PM/2003 to
          untuk melakukan PUT II dengan Hak Memesan                          conduct LPO II to issue Pre-emptive Rights of
          Efek Terlebih Dahulu sejumlah 705.243.360                          705,243,360 shares with a par value and an
          saham dengan nilai nominal dan harga                               offering price of Rp100 (full amount) per share
          penawaran sebesar Rp100 (nilai penuh) per                          and 423,146,016 Series III Warrants.
          saham dan sejumlah 423.146.016 Waran Seri
          III.



                                                             11
Page 485
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     b.   Penawaran umum saham dan penerbitan                        b.    Public offering of the Bank’s shares and
          obligasi Bank (lanjutan)                                         issuance of bonds (continued)

          Penawaran umum saham (lanjutan)                                  Public offering of shares (continued)

          Pada tanggal 20 Maret 2003, saham tersebut                       On March 20, 2003, these shares had been
          telah dicatatkan pada Bursa Efek Jakarta. Dari                   listed in Jakarta Stock Exchange. From LPO II,
          PUT II ini, jumlah yang diambil oleh pemegang                    the shares that were undertaken by the entitled
          saham yang berhak sejumlah 400.000.000                           shareholders was 400,000,000 shares.
          saham.

          Pada tanggal 12 September 2006, Bank                             On September 12, 2006, the Bank obtained an
          memperoleh pernyataan efektif dari Ketua                         effective notification from the Chairman of
          Badan Pengawas Pasar Modal dan Lembaga                           Capital Market and Financial Institutions
          Keuangan (Bapepam dan LK) melalui Surat                          Supervisory Agency (Bapepam and LK) through
          No. S-452/BL/2006 untuk melakukan PUT III                        Letter No. S-452/BL/2006 to conduct LPO III of
          sejumlah 670.363.760 saham dengan nilai                          670,363,760 shares with a par value of Rp100
          nominal sebesar Rp100 (nilai penuh) dan harga                    (full amount) and an offering price of Rp115 (full
          penawaran sebesar Rp115 (nilai penuh) per                        amount) per share and 469,277,676 Series IV
          saham dan sebanyak-banyaknya 469.277.676                         Warrants. On July 13, 2006, these shares had
          Waran Seri IV. Pada tanggal 13 Juli 2006,                        been listed in Indonesia Stock Exchange. From
          saham tersebut telah dicatatkan pada Bursa                       LPO III, the shares that were undertaken by the
          Efek Indonesia. Dari PUT III ini, jumlah yang                    entitled shareholders was 670,363,760 shares.
          diambil oleh pemegang saham yang berhak
          sejumlah 670.363.760 saham.

          Pada tanggal 26 Juni 2008, Bank memperoleh                       On June 26, 2008, the Bank obtained an
          pernyataan efektif dari Ketua Bapepam dan LK                     effective notification from the Chairman
          melalui Surat No. S-4114/BL/2008 untuk                           of    Bapepam      and LK through Letter
          melakukan PUT IV sejumlah 1.167.498.560                          No. S-4114/BL/2008 to conduct LPO IV of
          saham dengan nilai nominal dan harga                             1,167,498,560 shares with a par value and an
          penawaran sebesar Rp100 (nilai penuh) per                        offering price of Rp100 (full amount) per share
          saham dan sejumlah 630.449.220 Waran                             and 630,449,220 Series V Warrants.
          Seri V.

          Pada tanggal 17 September 2011, Bank                             On September 17, 2011, the Bank obtained
          memperoleh pernyataan efektif dari Ketua                         an effective notification from the Chairman
          Bapepam      dan     LK      melalui Surat                       of    Bapepam      and LK through Letter
          No. S-6737/BL/2011 untuk melakukan PUT V                         No. S-6737/BL/2011 to conduct LPO V of
          sejumlah 1.954.919.259 saham dengan nilai                        1,954,919,259 shares with a par value and an
          nominal dan harga penawaran sebesar Rp100                        offering price of Rp100 (full amount) per share
          (nilai penuh) per saham dan sejumlah                             and 1,448,939,990 Series VI Warrants.
          1.448.939.990 Waran Seri VI.

          Berikut adalah kronologis jumlah modal saham                     The chronological overview of total issued and
          yang ditempatkan dan disetor penuh serta                         fully paid capital and shares listed at stock
          saham yang dicatatkan pada bursa efek di                         exchange in Indonesia from Initial Public
          Indonesia sejak Penawaran Umum Perdana                           Offering up to December 31, 2023 is as follows:
          sampai dengan tanggal 31 Desember 2023:

                                                            Jumlah saham/
                                                           Number of shares

          Saham yang berasal dari Penawaran Umum                                                         Shares from Initial Public
            Perdana pada tahun 1999                                  250.000.000                               Offering in 1999
          Saham yang berasal dari pendiri                            250.000.000                                 Founder’s shares
          Saham yang berasal dari kapitalisasi                                                        Shares from capitalisation of
            saldo laba                                                34.000.000                            retained earnings



                                                           12
Page 486
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                1.     GENERAL INFORMATION (continued)

     b.   Penawaran umum saham dan penerbitan                        b.    Public offering of the Bank’s shares and
          obligasi Bank (lanjutan)                                         issuance of bonds (continued)

          Penawaran umum saham (lanjutan)                                  Public offering of shares (continued)

          Berikut adalah kronologis jumlah modal saham                     The chronological overview of total issued and
          yang ditempatkan dan disetor penuh serta                         fully paid capital and shares listed at stock
          saham yang dicatatkan pada bursa efek di                         exchange in Indonesia from Initial Public
          Indonesia sejak Penawaran Umum Perdana                           Offering up to December 31, 2023 is as follows:
          sampai dengan tanggal 31 Desember 2023:                          (continued)
          (lanjutan)

                                                          Jumlah saham/
                                                         Number of shares
          Saham yang berasal dari Penawaran Umum                                         Shares from Limited Public Offering with
            Terbatas I dengan Hak Memesan Efek                                                              Preemptive Rights
            Terlebih Dahulu pada tahun 2000                         100.000.000                        (Rights Issue) I in 2000
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri I dan II pada tahun 2002                      66.793.400              Series I and II Warrants in 2002
          Saham yang berasal dari Penawaran Umum                                             Shares from Limited Public Offering
            Terbatas II dengan Hak Memesan Efek                                                        with Preemptive Rights
            Terlebih Dahulu pada tahun 2003                         400.000.000                       (Rights Issue) II in 2003
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri III pada tahun 2004                          193.799.960                    Series III Warrants in 2004
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri III pada tahun 2006                           46.200.000                    Series III Warrants in 2006
          Saham yang berasal dari Penawaran Umum                                             Shares from Limited Public Offering
            Terbatas III dengan Hak Memesan Efek                                                       with Preemptive Rights
            Terlebih Dahulu pada tahun 2006                         670.363.760                      (Rights Issue) III in 2006
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri IV pada tahun 2007                           323.840.000                   Series IV Warrants in 2007
          Saham yang berasal dari Penawaran Umum                                             Shares from Limited Public Offering
            Terbatas IV dengan Hak Memesan Efek                                                        with Preemptive Rights
            Terlebih Dahulu pada tahun 2008                        1.167.498.560                    (Rights Issue) IV in 2008
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri IV dan V pada tahun 2009                     344.244.500            Series IV and V Warrants in 2009
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri IV dan V pada tahun 2010                     249.707.135            Series IV and V Warrants in 2010
          Saham yang berasal dari Penawaran Umum                                             Shares from Limited Public Offering
            Terbatas V dengan Hak Memesan Efek                                                         with Preemptive Rights
            Terlebih Dahulu pada tahun 2011                        1.954.919.259                     (Rights Issue) V in 2011
          Saham yang berasal dari Penerbitan Saham
            Tanpa Hak Memesan Efek Terlebih                                               Shares from Issuance of Shares without
            Dahulu pada tahun 2011                                  414.580.000                     Preemptive Rights in 2011
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri IV dan V pada tahun 2011                      81.724.314             Series IV and V Warrants in 2011
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri V dan VI pada tahun 2012                      56.673.554             Series V and VI Warrants in 2012
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri V dan VI pada tahun 2013                      25.923.831             Series V and VI Warrants in 2013
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri VI pada tahun 2014                           508.898.707                    Series VI Warrants in 2014
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri VI pada tahun 2015                                     300                  Series VI Warrants in 2015
          Saham yang berasal dari Pelaksanaan                                                             Shares from Exercise of
            Waran Seri VI pada tahun 2016                           751.486.547                    Series VI Warrants in 2016
          Saham yang berasal dari Penerbitan Saham                                                        Shares from Exercise of
            Tanpa Hak Memesan Efek                                                                  Additional Shares Without
            Terlebih Dahulu pada tahun 2016                         780.394.335                     Preemptive Rights in 2016
          Saham yang berasal dari Penerbitan Saham                                                        Shares from Exercise of
            Tanpa Hak Memesan Efek                                                                  Additional Shares Without
            Terlebih Dahulu pada tahun 2019                         280.898.877                     Preemptive Rights in 2019
          Saham yang berasal dari Penerbitan Saham                                                        Shares from Exercise of
            Tanpa Hak Memesan Efek                                                                  Additional Shares Without
            Terlebih Dahulu pada tahun 2021                        1.535.185.529                    Preemptive Rights in 2021

                                                         13
Page 487
                                                                                         The original financial statements included herein are in
                                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                              1.     GENERAL INFORMATION (continued)

     b.   Penawaran umum saham dan penerbitan                                      b.    Public offering of the Bank’s shares and
          obligasi Bank (lanjutan)                                                       issuance of bonds (continued)

          Penawaran umum saham (lanjutan)                                                Public offering of shares (continued)

          Berikut adalah kronologis jumlah modal saham                                   The chronological overview of total issued and
          yang ditempatkan dan disetor penuh serta                                       fully paid capital and shares listed at Indonesia
          saham yang dicatatkan pada Bursa Efek                                          Stock Exchange from Initial Public Offering up to
          Indonesia sejak Penawaran Umum Perdana                                         December 31, 2023 is as follows: (continued)
          sampai dengan tanggal 31 Desember 2023:
          (lanjutan)

                                                                        Jumlah saham/
                                                                       Number of shares
          Saham yang berasal dari Penawaran Umum                                                               Shares from Limited Public Offering
            Terbatas VI dengan Hak Memesan Efek                                                                         with Preemptive Rights
            Terlebih Dahulu pada tahun 2022                                      2.553.461.919                        (Rights Issue) VI in 2022
          Saham yang berasal dari Penawaran Umum                                                               Shares from Limited Public Offering
            Terbatas VII dengan Hak Memesan Efek                                                                        with Preemptive Rights
            Terlebih Dahulu pada tahun 2022                                      2.807.640.227                       (Rights Issue) VII in 2022
          Saham yang berasal dari Pelaksanaan                                                                              Shares from Exercise of
            Waran Seri VII pada tahun 2023                                                1.064                   Series VII Warrants in 2023
          Jumlah modal saham yang ditempatkan dan
            disetor penuh                                                    15.848.235.778*)                     Total issued and fully paid capital

          *)   Jumlah modal saham yang ditempatkan dan disetor penuh                                           Number of shares issued and fully paid *)
               termasuk 1% saham yang tidak diperdagangkan pada                                   includes 1% of delisted shares in the Indonesia Stock
               PT Bursa Efek Indonesia (delisted) sesuai ketentuan                                  Exchange accordance with Government Regulation
               Peraturan Pemerintah RI No. 29 tahun 1999.                                                                             No. 29 Year 1999.

          Penawaran umum obligasi                                                        Public offering of bonds

          Pada tanggal 28 Desember 1999, Bank                                            On December 28, 1999, the Bank obtained an
          memperoleh pernyataan efektif dari Ketua                                       effective notification from the Chairman of
          Bapepam melalui Surat No. S-2683/PM/1999                                       Bapepam through Letter No. S-2683/PM/1999
          untuk melakukan penawaran umum Obligasi                                        for the public offering of Bank Victoria Bonds I
          Bank Victoria I Tahun 2000 sejumlah                                            Year 2000 amounting to Rp100,000,000. On
          Rp100.000.000. Pada tanggal 14 Maret 2000,                                     March 14, 2000, the Bonds had been listed in
          Obligasi tersebut telah dicatatkan pada Bursa                                  Surabaya Stock Exchange.
          Efek Surabaya.

          Pada tanggal 9 Maret 2007, Bank memperoleh                                     On March 9, 2007, the Bank obtained an
          pernyataan efektif dari Ketua Bapepam dan LK                                   effective notification from the Chairman of
          melalui Surat No. S-1080/BL/2007 untuk                                         Bapepam        and     LK    through    Letter
          melakukan penawaran umum Obligasi Bank                                         No. S-1080/BL/2007 for the public offering of
          Victoria II Tahun 2007 dan Obligasi Subordinasi                                Bank Victoria Bonds II Year 2007 and Bank
          Bank Victoria I Tahun 2007 masing-masing                                       Victoria Subordinated Bonds I Year 2007, each
          sejumlah      Rp200.000.000.    Pada   tanggal                                 amounting to Rp200,000,000. On March 22,
          22 Maret 2007, Obligasi-obligasi tersebut telah                                2007, the Bonds had been listed in Indonesia
          dicatatkan pada Bursa Efek Indonesia.                                          Stock Exchange.

          Pada tanggal 19 September 2012, Bank                                           On September 19, 2012, the Bank obtained
          memperoleh        pernyataan     efektif   dari                                an effective notification from the Chairman
          Ketua Bapepam dan LK melalui Surat                                             of    Bapepam     and LK through Letter
          No.     S-7574/BL/2012     untuk     melakukan                                 No. S-7574/BL/2012 for the public offering
          penawaran umum Obligasi Bank Victoria III                                      of Bank Victoria Bonds III Year 2012 and
          Tahun 2012 dan Obligasi Subordinasi Bank                                       Bank     Victoria   Subordinated     Bonds  II
          Victoria II Tahun 2012 masing-masing sejumlah                                  Year 2012, amounting to Rp200,000,000
          Rp200.000.000 dan Rp300.000.000. Pada                                          and     Rp300,000,000,      respectively.  On
          tanggal 28 September 2012, Obligasi-obligasi                                   September 28, 2012, the Bonds had been listed
          tersebut telah dicatatkan pada Bursa Efek                                      in Indonesia Stock Exchange.
          Indonesia.
                                                                       14
Page 488
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                     1.   GENERAL INFORMATION (continued)

     b.   Penawaran umum saham dan penerbitan                           b.    Public offering of the Bank’s shares and
          obligasi Bank (lanjutan)                                            issuance of bonds (continued)

          Pada tanggal 21 September 2017, Bank                                On September 21, 2017, the Bank obtained the
          memperoleh pernyataan efektif dari Dewan                            notice of effectivity from Financial Services
          Komisioner Otoritas Jasa Keuangan (“OJK”)                           Authority Board of Commissioner through Letter
          melalui Surat No. S-340/D.04/2017 untuk                             No. S-340/D.04/2017 for the public offering of
          melakukan      penawaran       umum      Obligasi                   Continuing Bonds I Bank Victoria Phase I year
          Berkelanjutan I Bank Victoria Tahap I Tahun                         2017 and Subordinated Bonds I Bank Victoria
          2017 dan Obligasi Subordinasi Berkelanjutan I                       Phase I Year 2017 in amount of
          Bank Victoria Tahap I Tahun 2017 masing-                            Rp300,000,000 and Rp50,000,000, respectively.
          masing     sejumlah      Rp300.000.000       dan                    On July 12, 2017, these bonds were listed on
          Rp50.000.000. Pada tanggal 12 Juli 2017,                            the Indonesia Stock Exchange.
          Obligasi-obligasi tersebut telah dicatatkan pada
          Bursa Efek Indonesia.

          Pada tanggal 5 September 2018, Bank                                 On September 5, 2018, Bank continues the
          melakukan     Penawaran     Umum     Obligasi                       Public Offering of Continuing Bonds I Bank
          Berkelanjutan I Bank Victoria Tahap II Tahun                        Victoria Phase II Year 2018 and Subordinated
          2018 dan Obligasi Subordinasi Berkelanjutan I                       Bonds I Bank Victoria Phase II Year 2018. The
          Bank Victoria Tahap II Tahun 2018. Obligasi                         Continuing Bonds offered comprise of 2 (two)
          Berkelanjutan yang ditawarkan terdiri dari                          series, Series A amounted to Rp100,000,000
          2 (dua) seri Obligasi, yaitu Seri A                                 and       Series     B      amounted       to
          sejumlah Rp100.000.000 dan Seri B sejumlah                          Rp200,000,000, while the Subordinated Bonds
          Rp200.000.000,      sedangkan        Obligasi                       offered amounted to Rp350,000,000 (refer to
          Subordinasi sebesar Rp350.000.000 (lihat                            Note 21).
          Catatan 21).

          Pada tanggal 24 September 2019, Bank                                On September 24, 2019, Bank obtained an
          memperoleh pernyataan efektif dari Dewan                            effective notification from the Chairman of FSA
          Komisioner Otoritas Jasa Keuangan (“OJK”)                           through Letter No. S-85/D.04/2019 for
          melalui Surat No. S-85/D.04/2019 untuk                              continuous offering of Continuing Bonds II
          melakukan Penawaran Umum Berkelanjutan                              Phase I Year 2019 and Bank Victoria
          Obligasi Berkelanjutan II Bank Victoria Tahap I                     Subordinated Bonds II Phase I Year 2019,
          Tahun 2019 dan Obligasi Subordinasi                                 which has been listed on the Indonesia Stock
          Berkelanjutan II Bank Victoria Tahap I Tahun                        Exchange on July 1, 2019, amounting to
          2019 serta telah dicatatkan pada Bursa Efek                         Rp100,000,000           and      Rp250,000,000,
          Indonesia 1 Juli 2019 masing-masing sejumlah                        respectively.
          Rp100.000.000 dan Rp250.000.000.

          Pada tanggal 8 November 2019, Bank                                  On November 8, 2019, the Bank issued Bank
          menerbitkan Obligasi Subordinasi Berkelanjutan                      Victoria Continuing Subordinated Bonds II
          II Bank Victoria Tahap II Tahun 2019 sebesar                        Phase    II   Year  2019    amounting  to
          Rp150.000.000.                                                      Rp150,000,000.

          Pada tanggal 1 April 2020, Bank menerbitkan                         On April 1, 2020, the Bank issued Bank Victoria
          Obligasi Subordinasi Berkelanjutan II Bank                          Continuing Subordinated Bonds II Phase III
          Victoria Tahap III Tahun 2020 sebesar                               Year 2020 amounting to Rp60,000,000.
          Rp60.000.000.




                                                              15
Page 489
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                      1.    GENERAL INFORMATION (continued)

     b.   Penawaran umum saham dan penerbitan                             b.    Public offering of the Bank’s shares and
          obligasi Bank (lanjutan)                                              issuance of bonds (continued)

          Pada tanggal 28 Februari 2023, Bank                                   On February 28, 2023, the Bank received an
          memperoleh pernyataan efektif dari Dewan                              effective statement from the Financial Services
          Komisioner Otoritas Jasa Keuangan ("OJK")                             Authority's ("OJK") Board of Commissioners
          melalui Surat No. S-64/D.04/2023 untuk                                through Letter No. S-64/D.04/2023 to conduct a
          melakukan Penawaran Umum Berkelanjutan                                Continuing Public Offering of Bank Victoria
          Obligasi Berkelanjutan III Bank Victoria Tahap I                      Continuing Bonds III Phase I Year 2023 Series
          Tahun 2023 Seri A dan Obligasi Berkelanjutan                          A and Bank Victoria Continuing Bonds III Phase
          III Bank Victoria Tahap I Tahun 2023 Seri B                           I Year 2023 Series B, which were listed on the
          serta telah dicatatkan pada Bursa Efek                                Indonesian Stock Exchange on March 10, 2023,
          Indonesia pada tanggal 10 Maret 2023 masing-                          each amounting to Rp300,000,000 and
          masing     sejumlah      Rp300.000.000      dan                       Rp200,000,000 respectively.
          Rp200.000.000.

     c.   Entitas Anak                                                    c.    Subsidiaries

          Bank merupakan pemegang saham pengendali                              The Bank is the controlling stockholder and has
          dan memiliki pengaruh signifikan atas Entitas                         a significant control over the Subsidiaries as
          Anak sebagai berikut:                                                 follows:

                                                                               Tahun operasi                  Jumlah aset/
                                                           Persentase            komersial/                   Total Assets
                                          Jenis usaha/    kepemilikan/            Start of           31 Desember/      31 Desember/
                  Entitas Anak/             Nature of     Percentage of         commercial           December 31,      December 31,
                   Subsidiary               business       ownership            operations               2023              2022

          Reksadana / Mutual Funds:
          Batavia Proteksi                 Reksadana
          Andalan 7                        Terproteksi        100%                     -                154.465.120         154.801.103

          Mega Dana                        Reksadana
          Terproteksi VIII                 Terproteksi        100%                     -                 42.485.675           42.491.687

          Maybank Dana                     Reksadana
          Terproteksi 1                    Terproteksi       99,77%                    -                 44.746.823           44.711.361

                                           Reksadana
          BNI AM Proteksi XL VIII          Terproteksi          -                      -                            -       104.207.228

          Reksadana terproteksi            Reksadana
          Sucorinvest Proteksi 8           Terproteksi          -                      -                            -       100.740.694

          Entitas Asosiasi / Associate Entity:
          PT Bank Victoria
          Syariah                        Sharia banking      19,81%                 1966                            -                      -


          Berdasarkan Akta Notaris Veronika Lily                                Based on Notarial Deed No. 15 dated
          Dharma, S.H. No. 15 tanggal 7 September                               September 7, 2007 of Veronika Lily Dharma,
          2007, Notaris di Jakarta, Bank mengakuisisi                           S.H., a Notary in Jakarta, the Bank acquired
          99,80% saham PT Bank Swaguna (“Entitas                                99.80% shareholding of PT Bank Swaguna
          Anak”). Pada tanggal 13 Desember 2007, Bank                           (“Subsidiary”). On December 13, 2007, the Bank
          melakukan penambahan modal di Entitas Anak                            had an additional capital in the Subsidiary which
          sehingga kepemilikan Bank menjadi 99,98%                              increased the Bank’s ownership to 99.98%
          sesuai dengan Akta Notaris Veronika Lily                              based on Notarial Deed No. 26 of Veronika Lily
          Dharma, S.H. No. 26 tanggal 13 Desember                               Dharma, S.H. dated December 13, 2007.
          2007.



                                                               16
Page 490
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                   1.   GENERAL INFORMATION (continued)

     c.   Entitas Anak (lanjutan)                                     c.    Subsidiaries (continued)

          Pada tanggal 30 Maret 2017 dan 18 Desember                        On March 30, 2017 and December 18, 2017,
          2017, setelah mendapatkan persetujuan OJK                         after obtaining approval from OJK based on
          berdasarkan Surat No. S-33/PB.33/2017                             Letter No. S-33/PB.33/2017 dated March 30,
          tanggal      30    Maret       2017     dan                       2017 and No. S-170/PB.33/2017 dated
          No. S-170/PB.33/2017 tanggal 18 Desember                          December 18, 2017, the Bank put additional
          2017, Bank melakukan penambahan modal                             capital      of     Rp60,000,000,000       and
          pada Entitas Anak sebesar Rp60.000.000.000                        Rp40,000,000,000 (full amount) into Subsidiary,
          dan Rp40.000.000.000 (nilai penuh) sehingga                       which increase the Bank’s ownership to 99.99%.
          kepemilikan Bank menjadi 99,99%.

          Pada tanggal 24 Oktober 2019, Bank                                On October 24, 2019, the Bank put additional
          melakukan penambahan modal pada Entitas                           capital of Rp50,000,000,000 (full amount) into
          Anak sebesar Rp50.000.000.000 (nilai penuh)                       Subsidiary, which increase the Bank’s
          sehingga kepemilikan Bank menjadi 99,99%                          ownership to 99.99% and obtained the approval
          dan telah mendapatkan persetujuan OJK                             from OJK based on Letter No. S-53/PB.33/2019
          berdasarkan Surat No. S-53/PB.33/2019                             dated October 22, 2019.
          tanggal 22 Oktober 2019.

          Entitas Anak telah mengalami perubahan nama                       The Subsidiary changed its name to PT Bank
          menjadi PT Bank Victoria Syariah sesuai                           Victoria Syariah based on Deed No. 5 dated
          dengan Akta No. 5 tanggal 6 Agustus 2009 dan                      August 6, 2009 and No. 24 dated November 27,
          Akta No. 24 tanggal 27 November 2009 dari                         2009 of Erni Rohaini, S.H., M.B.A., a Notary in
          Notaris Erni Rohaini, S.H., M.B.A., Notaris di                    Jakarta. The notarial deed was approved by the
          Jakarta. Akta tersebut telah disetujui oleh                       Ministry of Law and Human Rights of the
          Menteri Hukum dan Hak Asasi Manusia                               Republic of Indonesia in its Decision Letter
          Republik Indonesia dalam Surat Keputusan                          No. AHU-02731.AH.01.02 Year 2010 dated
          No. AHU-02731.AH.01.02. tahun 2010 tanggal                        January 19, 2010. The changes of subsidiary’s
          19 Januari 2010. Perubahan kegiatan usaha                         business from conventional banking to sharia
          bank umum konvensional menjadi bank umum                          banking was approved by Bank Indonesia based
          syariah telah mendapatkan izin dari Bank                          on the Decision of the Governor of Bank
          Indonesia berdasarkan Keputusan Gubernur                          Indonesia No. 12/8/KEP.GBI/DPG/2010 dated
          Bank Indonesia No. 12/8/KEP.GBI/DPG/2010                          February 10, 2010. The Subsidiary started its
          tertanggal 10 Februari 2010. Selanjutnya,                         operations as a Sharia Bank on April 1, 2010.
          Entitas Anak beroperasi dengan prinsip Syariah
          mulai tanggal 1 April 2010.

          Pada tanggal 22 Desember 2022, Bank                               On December 22, 2022, Bank divested 80%
          melakukan divestasi 80% kepemilikan di entitas                    ownership in subsidiary, PT Bank Victoria
          anak, PT Bank Victoria Syariah, oleh karena itu                   Syariah, therefore since December 23, 2022,
          sejak 23 Desember 2022, Bank tidak lagi                           Bank is no longer controlled PT Bank Victoria
          mengendalikan PT Bank Victoria Syariah. Lihat                     Syariah. Refer to Note 48 to the financial
          Catatan 48 atas laporan keuangan untuk                            statements    for   further  explanation  on
          penjelasan lebih lanjut atas divestasi.                           divestment.




                                                            17
Page 491
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                    1.   GENERAL INFORMATION (continued)

     d.   Dewan Komisaris dan Direksi, Komite dan                      d. Boards of Commissioners and Directors,
          Karyawan                                                        Committee and Employees

          Susunan Dewan Komisaris dan Direksi Bank                         The composition of the Bank’s Boards of
          pada tanggal 31 Desember 2023 dan 2022                           Commissioners    and    Directors     as   of
          adalah sebagai berikut:                                          December 31, 2023 and 2022 are as follows:

                                                 31 Desember/December 31,
                                                 2023               2022
          Dewan Komisaris                                                                                               Board of
                                                                                                                 Commissioners
          Komisaris Utama                    Zaenal Abidin               Zaenal Abidin                                 President
            Independen                                                                                           Commissioner
          Komisaris                           Gunawan                     Gunawan                                   Independent
            Independen                      Tenggarahardja              Tenggarahardja                            Commisioner
          Komisaris                          Sia Leng Ho                 Sia Leng Ho                               Commissioner

          Direksi                                                                                             Board of Directors
          Direktur Utama                       Achmad                      Achmad                              President Director
                                             Friscantono                 Friscantono
          Wakil Direktur Utama                   Rusli                       Rusli                         Vice President Director
          Direktur                         Debora Wahjutirto           Debora Wahjutirto                                  Director
                                               Tanoyo                      Tanoyo
          Direktur                             Lembing                    Lembing                                          Director

          Direktur Kepatuhan                  Tamunan                     Tamunan                             Risk Management
             dan Manajemen Risiko                                                                      and Compliance Director

          Susunan Dewan Komisaris dan Direksi pada                         The     composition     of   the    Boards     of
          tanggal 31 Desember 2023 dan 2022 tersebut                       Commissioners       and    Directors    as     of
          di atas telah diterima dan dicatat di dalam                      December 31, 2023 and 2022 had been
          database Sistem Administrasi Badan Hukum                         accepted and recorded in the database of Legal
          Kementerian Hukum dan Hak Asasi Manusia                          Entities Administration System of the Ministry of
          Republik        Indonesia       berdasarkan                      Laws and Human Rights of the Republic of
          Surat    No. AHU-AH.01.09-0067031 tanggal                        Indonesia in its Letter No. AHU-AH.01.09-
          19 Oktober 2022.                                                 0067031 dated October 19, 2022.

          Susunan  Komite    Audit  pada   tanggal                         The composition of the Audit Committee as of
          31 Desember 2023 dan 2022 adalah sebagai                         December 31, 2023 and 2022 are as follows:
          berikut:

                                                 31 Desember/December 31,
                                                2023                2022

          Ketua                             Zaenal Abidin               Zaenal Abidin                                 Chairman
          Anggota                              Yozef                       Yozef                                       Member
                                            Abdulrachman                Abdulrachman
          Anggota                            Medi Sejati                 Medi Sejati                                    Member

          Pembentukan Komite Audit Bank telah sesuai                       Establishment of the Bank’s Audit Committee is
          dengan Peraturan Otoritas Jasa Keuangan                          in compliance with Financial Service Authority
          No. 55/POJK.04/2015 tanggal 23 Desember                          regulation   No.    55/POJK.04/2015     dated
          2015 tentang Pembentukan dan Pedoman                             December 23, 2015 regarding Establishment
          Pelaksanaan Kerja Komite Audit dan Peraturan                     and Guideline for Implementation Duty of Audit
          Otoritas Jasa Keuangan No. 17 Tahun 2023                         Committee and Financial Service Authority
          tanggal 14 September 2023 tentang Penerapan                      regulation No. 17 Year 2023 dated September
          Tata Kelola Bagi Bank Umum.                                      14, 2023 regarding the Implementation of
                                                                           Governance for Commercial Banks.




                                                             18
Page 492
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


1.   INFORMASI UMUM (lanjutan)                                  1.   GENERAL INFORMATION (continued)

     d.   Dewan Komisaris dan Direksi, Komite dan                    d. Boards of Commissioners and Directors,
          Karyawan (lanjutan)                                           Committee and Employees (continued)

          Susunan Komite Pemantau Risiko pada tanggal                      The composition of the Risk Monitoring
          31 Desember 2023 dan 2022 adalah sebagai                         Committee as of December 31, 2023 and 2022
          berikut:                                                         are as follows:

                                                  31 Desember/December 31,
                                                 2023                2022

          Ketua                                 Gunawan                  Gunawan                                       Chairman
                                             Tenggarahardja           Tenggarahardja
          Anggota                             Zaenal Abidin            Zaenal Abidin                                     Member
          Anggota                                Yozef                    Yozef                                          Member
                                              Abdulrachman             Abdulrachman
          Anggota                              Medi Sejati              Medi Sejati                                      Member


          Susunan Komite Nominasi dan Remunerasi                           The composition of the Nomination and
          pada tanggal 31 Desember 2023 dan 2022                           Remuneration Committee as of December 31,
          adalah sebagai berikut:                                          2023 and 2022 are as follows:

                                                 31 Desember/December 31,
                                                 2023               2022

          Ketua                                Gunawan                  Gunawan                                        Chairman
                                            Tenggarahardja           Tenggarahardja
          Anggota                             Sia Leng Ho              Sia Leng Ho                                      Member
          Anggota                           Syahda Chandra           Syahda Chandra                                     Member

          Sekretaris Perusahaan dan Kepala Internal                        The Corporate Secretary and Internal Audit
          Audit pada tanggal 31 Desember 2023 dan                          Head as of December 31, 2023 and 2022 are as
          2022 adalah sebagai berikut:                                     follows:

                                                 31 Desember/December 31,
                                                 2023               2022

          Sekretaris Perusahaan               Caprie Ardira            Caprie Ardira                        Corporate Secretary
                                                 Azhar                    Azhar
          Kepala Internal Audit              Djoko Soenjojo           Djoko Soenjojo                         Internal Audit Head


          Pada tanggal 31 Desember 2023 dan 2022,                          As of December 31, 2023 and 2022, the Bank
          Bank memiliki karyawan masing-masing                             had 713 dan 688 employees, respectively
          sejumlah 713 dan 688 karyawan (tidak diaudit).                   (unaudited).

     e.   Pemegang saham akhir                                       e.    Ultimate shareholders

          Pemegang saham pengendali langsung dan                           The direct controlling shareholder and ultimate
          pemegang saham akhir Bank pada tanggal                           shareholder of the Bank as of December 31,
          31 Desember 2023 dan 2022 adalah masing-                         2023 and 2022 are PT Victoria Investama Tbk
          masing PT Victoria Investama Tbk dan Suzanna                     and Suzanna Tanojo, respectively.
          Tanojo.




                                                           19
Page 493
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL                    ACCOUNTING
     MATERIAL                                                         POLICIES INFORMATION

     Manajemen        Bank     bertanggungjawab     atas              The Bank’s management is responsible for the
     penyusunan dan penyajian wajar laporan keuangan                  preparation and fair presentation of these financial
     ini sesuai dengan Standar Akuntansi Keuangan di                  statements, which were completed and authorised
     Indonesia, yang diselesaikan dan diotorisasi untuk               for issuance by the Board of Directors of the Bank
     diterbitkan oleh Direksi Bank pada tanggal 27 Maret              on March 27, 2024.
     2024.

     Kebijakan akuntansi utama yang diterapkan dalam                  The principal accounting policies adopted in
     penyusunan laporan keuangan adalah seperti                       preparing the financial statements of the Bank are
     dijabarkan di bawah ini:                                         set out below:

     a.   Dasar penyajian laporan keuangan                            a.    Basis of preparation             of   the    financial
                                                                            statements

          Laporan keuangan disusun sesuai dengan                             The financial statements were prepared in
          dengan Standar Akuntansi Keuangan di                               accordance     with    Indonesian     Financial
          Indonesia yang mencakup Pernyataan dan                             Accounting Standards issued by the Board of
          Interpretasi yang diterbitkan oleh Dewan                           Financial Accounting Standards of Indonesian
          Standar Akuntansi Keuangan Ikatan Akuntan                          Institute of Accountants and the Board of
          Indonesia dan Dewan Standar Akuntansi                              Syariah Accounting Standards of the
          Syariah Ikatan Akuntan Indonesia serta                             Indonesian Institute of Accountants and the
          Peraturan Badan Pengawas Pasar Modal dan                           Regulation of Badan Pengawas Pasar Modal
          Lembaga Keuangan (sekarang Otoritas Jasa                           dan Lembaga Keuangan (currently the
          Keuangan (“OJK”)) No. VIII.G.7 tentang                             Indonesian Financial Service Authority (“OJK”))
          “Penyajian dan Pengungkapan        Laporan                         No. VIII.G.7 regarding “Financial Statements
          Keuangan Emiten atau Perusahaan Publik”.                           Presentation Guidelines”.

          Laporan keuangan disusun berdasarkan harga                         The financial statements have been prepared
          perolehan kecuali untuk aset keuangan yang                         under the historical cost convention, except for
          diukur pada nilai wajar melalui pendapatan                         financial assets measure as fair value through
          komprehensif lain (“FVOCI”) dan aset keuangan                      other comprehensive income (“FVOCI”) and
          yang diukur pada nilai wajar melalui laporan                       financial assets held at fair value through profit
          laba rugi (“FVTPL”). Laporan keuangan disusun                      or loss (“FVTPL”). The financial statements are
          berdasarkan akuntansi berbasis akrual, kecuali                     prepared under the accrual basis of
          untuk laporan arus kas.                                            accounting, except for the statement of cash
                                                                             flows.

          Laporan keuangan untuk Entitas Anak yang                           The financial statements of a Subsidiary
          bergerak    di    bidang    Syariah,    disusun                    company engaged in sharia banking are
          berdasarkan Pernyataan Standar Akuntansi                           prepared under the Statement of Financial
          Keuangan (PSAK) 101 (Revisi 2016) “Penyajian                       Accounting Standard (SFAS) 101 (Revised
          Laporan Keuangan Syariah”, PSAK 102 (Revisi                        2016) “Presentation of Sharia Financial
          2019) “Akuntansi Murabahah”, PSAK 104                              Statement”, SFAS 102 (Revised 2019),
          (Revisi 2016), “Akuntansi Istishna”, PSAK 105,                     “Murabahah Accounting”, SFAS 104 (Revised
          “Akuntansi     Mudharabah”,      PSAK      106,                    2016), “Istishna Accounting”, SFAS 105,
          “Akuntansi Musyarakah”, PSAK 107 (Revisi                           “Mudharabah      Accounting”,   SFAS     106,
          2016), “Akuntansi Ijarah”, PSAK 110 (Revisi                        “Musyarakah Accounting”, SFAS 107 (Revised
          2015)    “Akuntansi Sukuk”,       PSAK 111,                        2016), “Ijarah Accounting”, SFAS 110 (Revised
          “Akuntansi     Wa’d”,    Pedoman      Akuntansi                    2015) “Sukuk Accounting”, SFAS 111, “Wa’d
          Perbankan Syariah Indonesia (“PAPSI”), dan                         Accounting”,    Accounting Guidelines for
          Standar Akuntansi Keuangan di Indonesia,                           Indonesian Sharia Banking (“PAPSI”), and
          termasuk pedoman akuntansi dan pelaporan                           Indonesian Financial Accounting Standards,
          yang ditetapkan oleh OJK.                                          including accounting and reporting guidance
                                                                             issued by OJK.




                                                            20
Page 494
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     a.   Dasar penyajian laporan keuangan (lanjutan)                  a.    Basis of preparation             of   the    financial
                                                                             statements (continued)

          Seluruh angka dalam laporan keuangan ini,                           All figures in the financial statements are
          kecuali dinyatakan secara khusus, dibulatkan                        rounded to and stated in thousands of Rupiah,
          menjadi dan disajikan dalam ribuan Rupiah                           unless otherwise stated.
          yang terdekat.

          Laporan      arus    kas     disusun   dengan                       The statement of cash flows were prepared
          menggunakan metode langsung dengan                                  based on the direct method with cash flows
          mengelompokkan arus kas dalam aktivitas                             classified into cash flows from operating,
          operasi, investasi, dan pendanaan. Untuk                            investing, and financing activities. For the
          tujuan laporan arus kas, kas dan setara kas                         purpose of the statement of cash flows, cash
          mencakup kas, giro pada Bank Indonesia, giro                        and cash equivalents include cash, current
          pada bank lain, penempatan pada Bank                                accounts with Bank Indonesia, current accounts
          Indonesia dan bank lain, dan Sertifikat Bank                        with other banks, placements with Bank
          Indonesia yang jatuh tempo dalam 3 (tiga)                           Indonesia and other banks, and Certificates of
          bulan atau kurang sejak tanggal perolehan yang                      Bank        Indonesia       maturing        within
          tidak dijaminkan atau dibatasi penggunaannya.                       3 (three) months or less from the date of
                                                                              acquisition and are not pledged or restricted.

          Penyusunan laporan keuangan sesuai dengan                           The preparation of financial statements in
          Standar Akuntansi Keuangan di Indonesia                             accordance      with     Indonesian     Financial
          mengharuskan penggunaan estimasi dan                                Accounting Standards requires the use of
          asumsi. Hal tersebut juga mengharuskan                              estimates and assumptions. It also requires
          manajemen untuk membuat pertimbangan                                management to make judgements in the
          dalam proses penerapan kebijakan akuntansi                          process of implementing the Bank’s accounting
          Bank. Area yang kompleks atau memerlukan                            policies. The area that is complex or requires
          tingkat pertimbangan yang lebih tinggi atau area                    a higher level of consideration or areas where
          di mana asumsi dan estimasi dapat berdampak                         assumptions and estimates could have
          signifikan    terhadap    laporan     keuangan                      a significant impact on the financial statements
          diungkapkan di Catatan 3.                                           are disclosed in Note 3.

     b.   Perubahan      kebijakan    akuntansi      yang              b.    Change in significant accounting policies
          signifikan

          Bank menerapkan pertama kali seluruh standar                        The Bank made first time adoption of all the
          baru dan/atau yang direvisi yang berlaku efektif                    new and/or revised standards effective for the
          untuk periode yang dimulai pada atau setelah 1                      periods beginning on or after January 1, 2023,
          Januari 2023, termasuk standar yang direvisi                        including the following revised standards that
          berikut ini yang mempengaruhi laporan                               have affected the financial statement:
          keuangan:




                                                             21
Page 495
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     b.   Perubahan      kebijakan   akuntansi     yang              b.    Change in significant accounting policies
          signifikan (lanjutan)                                            (continued)

          Amandemen PSAK 1: Penyajian laporan                               Amendment of PSAK 1: Presentation of
          keuangan -  Pengungkapan   Kebijakan                              financial statement - Disclosure of
          Akuntansi                                                         accounting policies

          Amandemen ini memberikan panduan untuk                            This amendments provide guidance to help
          membantu entitas menerapkan pertimbangan                          entities apply materiality judgements to
          materialitas dalam pengungkapan kebijakan                         accounting       policy      disclosures.      The
          akuntansi. Amandemen tersebut bertujuan                           amendments aim to help entities provide
          untuk     membantu     entitas   menyediakan                      accounting policy disclosures that are more
          pengungkapan kebijakan akuntansi yang lebih                       useful by replacing the requirement for entities
          berguna dengan mengganti persyaratan dalam                        to disclose their ‘significant’ accounting policies
          mengungkapkan kebijakan akuntansi 'signifikan'                    with a requirement to disclose their ‘material’
          entitas      menjadi    persyaratan     untuk                     accounting policies and adding guidance on
          mengungkapkan kebijakan akuntansi 'material'                      how entities apply the concept of materiality in
          entitas dan menambahkan panduan tentang                           making decisions about accounting policy
          bagaimana      entitas  menerapkan    konsep                      disclosures.
          materialitas dalam membuat keputusan tentang
          pengungkapan kebijakan akuntansi.

          Amandemen      tersebut   berdampak    pada                       The amendments have had an impact on the
          pengungkapan kebijakan akuntansi Bank,                            Bank’s disclosures of accounting policies, but
          namun tidak berdampak pada pengukuran,                            not on the measurement, recognition or
          pengakuan atau penyajian item apa pun dalam                       presentation of any items in the Bank’s financial
          laporan keuangan Bank.                                            statements.

          Amandemen PSAK 25: Kebijakan Akuntansi,                           Amendment of PSAK 25: Accounting
          Perubahan  Estimasi  Akuntansi,    dan                            Policies, Changes in Accounting Estimates
          Kesalahan  terkait  Definisi  Estimasi                            and Errors - Definition of Accounting
          Akuntansi                                                         Estimates

          Amandemen PSAK 25 memperjelas perbedaan                           The amendments to PSAK 25 clarify the
          antara    perubahan   estimasi  akuntansi,                        distinction between changes in accounting
          perubahan kebijakan akuntansi dan koreksi                         estimates, changes in accounting policies and
          kesalahan. Amandemen juga mengklarifikasi                         the correction of errors. They also clarify how
          bagaimana     entitas menggunakan   teknik                        entities use measurement techniques and
          pengukuran dan input untuk mengembangkan                          inputs to develop accounting estimates.
          estimasi akuntansi.
                                                                            The amendments had no impact on the
          Amandemen ini tidak memiliki dampak terhadap                      financial statement.
          laporan keuangan.
          Amandemen PSAK 46: Pajak Penghasilan                              Amendment of PSAK 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

          Amandemen PSAK 46 Pajak Penghasilan                               The amendments to PSAK 46 Income Taxes
          mempersempit ruang lingkup pengecualian                           narrow the scope of the initial recognition
          pengakuan awal, sehingga tidak lagi berlaku                       exception, so that it no longer applies to
          pada transaksi yang menimbulkan perbedaan                         transactions that give rise to equal taxable and
          temporer dapat dikurangkan dalam jumlah yang                      deductible temporary differences such as
          sama dan perbedaan temporer kena pajak dan                        leases and decommissioning liabilities.
          seperti sewa dan liabilitas dekomisioning.

          Amandemen ini tidak mempunyai dampak                              The amendments had no impact on the
          terhadap laporan keuangan.                                        financial statement.

                                                           22
Page 496
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     c.   Prinsip konsolidasi                                         c.    Basis of consolidation

          Laporan keuangan konsolidasian meliputi                            The consolidated financial statements include
          laporan keuangan Bank beserta seluruh Entitas                      the financial statements of the Bank and its
          Anak yang berada di bawah pengendalian                             Subsidiaries that are controlled by the Bank.
          Bank. Entitas Anak adalah entitas (termasuk                        Subsidiaries are all entities (including
          entitas terstruktur) dimana Bank memiliki                          structured entities) over which the Bank has
          pengendalian. Bank mengendalikan entitas lain                      control. The Bank controls an entity when the
          ketika Bank terekspos atas, atau memiliki hak                      Bank is exposed to, or has rights to, variable
          atas imbal hasil variabel dari keterlibatannya                     returns from its involvement with the Subsidiary
          dengan Entitas Anak dan memiliki kemampuan                         and has the ability to affect those returns
          untuk mempengaruhi imbal hasil tersebut                            through its power over the Subsidiary.
          melalui kekuasaannya atas Entitas Anak.

          Laporan     keuangan dari   Entitas  Anak                          The financial statements of Subsidiary are
          dimasukkan ke dalam laporan keuangan                               included in the consolidated financial
          konsolidasian sejak tanggal pengendalian                           statements from the date on which control
          dimulai sampai dengan tanggal pengendalian                         commences until the date when control ceases.
          berakhir.

          Dampak signifikan dari seluruh transaksi dan                       The significant effects of all transactions and
          saldo antara perusahaan-perusahaan yang                            balances between the consolidated companies
          dikonsolidasikan telah dieliminasi dalam                           have been eliminated in preparing the
          penyajian laporan keuangan konsolidasian,                          consolidated financial statements, accordingly,
          sehingga laporan keuangan konsolidasian                            the consolidated financial statements include
          hanya mencakup transaksi dan saldo dengan                          only transactions and balances with other
          pihak lain.                                                        parties.

          Kebijakan akuntansi penting yang dipakai                           The significant accounting policies adopted in
          dalam      penyajian      laporan    keuangan                      preparing the consolidated financial statements
          konsolidasian telah diterapkan secara konsisten                    have been consistently applied by the Bank,
          oleh Bank, kecuali dinyatakan secara khusus.                       unless otherwise stated.

          Kepentingan nonpengendali disajikan di ekuitas                     Non-controlling interest is presented as part of
          dalam laporan posisi keuangan konsolidasian                        equity in the consolidated statements of
          dan dinyatakan sebesar proporsi pemegang                           financial position and represents the non-
          saham nonpengendali atas laba tahun berjalan                       controlling shareholder’s proportionate share in
          dan ekuitas Entitas Anak tersebut berdasarkan                      the net income for the year and equity of the
          persentase kepemilikan pemegang saham                              Subsidiary based on the percentage of
          nonpengendali pada Entitas Anak tersebut.                          ownership of the non-controlling shareholders
                                                                             in the Subsidiary.

          Dalam hal pengendalian terhadap Entitas Anak                      Where Subsidiary either began or ceased to be
          dimulai atau diakhiri dalam suatu tahun                           controlled during the year, the results of
          berjalan, maka hasil usaha Entitas Anak yang                      operations of those Subsidiaries are included in
          diperhitungkan ke dalam laporan keuangan                          the consolidated financial statements only from
          konsolidasian hanya sebatas hasil pada saat                       the date that the control has commenced or up
          pengendalian tersebut mulai diperoleh atau                        to the date that the control has ceased.
          hingga saat pengendalian itu berakhir.




                                                            23
Page 497
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                            2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan                                      d.    Financial assets and liabilities

          (i)   Aset keuangan                                                     (i)   Financial assets

                Sesuai dengan PSAK 71, terdapat tiga                                    In accordance with SFAS 71, there are
                klasifikasi pengukuran aset keuangan:                                   three measurement classifications for
                                                                                        financial assets:

                (A)    Biaya perolehan diamortisasi;                                    (A) Amortised cost;
                (B)    Diukur pada nilai wajar melalui laba                             (B) Fair value through profit or loss
                       rugi (“FVTPL”); dan                                                  (“FVTPL”); and
                (C)    Diukur pada nilai wajar melalui                                  (C) Fair     value    through      other
                       penghasilan      komprehensif    lain                                comprehensive income (“FVOCI”).
                       (“FVOCI”).

                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
                dikelola untuk mencapai tujuan bisnis                                   a particular business objective.
                tertentu.

                Aset keuangan dapat diukur dengan biaya                                 A financial asset is measured at amortised
                perolehan     diamortisasi hanya     jika                               cost only if it meets both of the following
                memenuhi kedua kondisi berikut dan tidak                                conditions and it is not designated as at
                ditetapkan sebagai FVTPL:                                               FVTPL:

                -     Aset keuangan dikelola dalam model                                -   The financial assets is held within
                      bisnis yang bertujuan untuk memiliki                                  a business model whose objective is to
                      aset      keuangan       untuk     tujuan                             hold the asset to collect contractual
                      mendapatkan arus kas kontraktual                                      cash flows (held to collect); and
                      (held to collect); dan
                -     Kriteria kontraktual dari aset keuangan                           -   Its contractual terms give rise on
                      yang       pada      tanggal     tertentu                             specified dates to cash flows that are
                      menghasilkan        arus    kas      yang                             solely payments of principal and
                      merupakan pembayaran pokok dan                                        interest (“SPPI”) on the principal
                      bunga semata (“SPPI”) dari jumlah                                     amount outstanding.
                      pokok terutang.

                Suatu aset keuangan diukur pada FVOCI,                                  A financial asset measured at FVOCI only if
                hanya jika memenuhi kedua kondisi berikut                               it meets both of the following conditions and
                dan tidak ditetapkan sebagai FVTPL:                                     is not designated as at FVTPL:

                -     Aset keuangan dikelola dalam model                                -   The financial asset is held within
                      bisnis yang tujuan tercapai dengan                                    a business model whose objective is
                      mendapatkan arus kas kontraktual dan                                  achieved by both collecting contractual
                      menjual aset keuangan (held to collect                                cash flows and selling the financial
                      and sell); dan                                                        asset (held to collect and sell); and
                -     Kriteria kontraktual dari aset keuangan                           -   Its contractual terms give rise on
                      yang       pada      tanggal     tertentu                             specified dates to cash flows that are
                      menghasilkan       arus     kas     yang                              solely payments of principal and
                      merupakan pembayaran pokok dan                                        interest on the principal amount
                      bunga semata dari jumlah pokok                                        outstanding.
                      terutang.



                                                                  24
Page 498
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                         d.     Financial assets and liabilities (continued)

          (i)   Aset keuangan (lanjutan)                                        (i)   Financial assets (continued)

                Seluruh aset keuangan yang tidak                                      All financial assets not classified as
                diklasifikasikan sebagai diukur dengan                                measured at amortised cost or FVOCI as
                biaya perolehan diamortisasi atau FVOCI                               described above are measured at FVTPL.
                sebagaimana ketentuan di atas diukur
                dengan FVTPL.

                Aset dapat dijual dari portofolio held to                             Assets may be sold out of held 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 nature.
                atau tidak sering.

                Laba rugi yang belum direalisasi atas aset                            Unrealised gains or losses of financial
                keuangan yang diklasifikasikan sebagai                                assets held at FVOCI deferred in other
                FVOCI ditangguhkan di pendapatan                                      comprehensive income until the asset is
                komprehensif lain sampai aset tersebut                                derecognised.
                dihentikan.

                Aset keuangan dapat ditetapkan sebagai                                Financial assets may be designated at
                FVTPL hanya jika ini dapat mengeliminasi                              FVTPL only if doing so eliminates or
                atau mengurangi accounting mismatch.                                  reduces accounting mismatch.

                Penilaian apakah arus kas kontraktual                                 Assessment of whether contractual
                hanya merupakan pembayaran pokok                                      cash flows are solely payments of
                dan bunga semata                                                      principal and interest

                Untuk tujuan penilaian ini, 'pokok'                                   For the purposes of this assessment,
                didefinisikan sebagai nilai wajar dari aset                           ‘principal’ is defined as the fair value of the
                keuangan pada pengakuan awal. 'Bunga'                                 financial asset on initial recognition.
                didefinisikan sebagai imbalan untuk nilai                             ‘Interest’ is defined as consideration for the
                waktu atas uang dan untuk risiko kredit                               time value of money and for the credit risk
                yang terkait dengan jumlah pokok yang                                 associated with the principal amount
                terutang selama periode waktu tertentu dan                            outstanding during a particular period of
                untuk risiko dan biaya pinjaman dasar                                 time and for other basic lending risks and
                lainnya (misalnya risiko likuiditas dan biaya                         costs (e.g. liquidity risk and administrative
                administrasi), serta marjin keuntungan.                               costs), as well as profit margin.




                                                                25
Page 499
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                        d.     Financial assets and liabilities (continued)

          (i)   Aset keuangan (lanjutan)                                       (i) Financial assets (continued)

                Dalam menilai apakah arus kas kontraktual                           In assessing whether the contractual cash
                adalah SPPI, Bank mempertimbangkan                                  flows are SPPI, the Bank considers the
                ketentuan kontraktual instrumen tersebut.                           contractual terms of the instrument. This
                Hal ini termasuk menilai apakah aset                                includes assessing whether the financial
                keuangan      mengandung        ketentuan                           asset contains a contractual term that could
                kontraktual yang dapat mengubah waktu                               change the timing or amount of contractual
                atau jumlah arus kas kontraktual sehingga                           cash flows such that it would not meet this
                tidak memenuhi kondisi ini. Dalam                                   condition. In making the assessment, the
                melakukan          penilaian,        Bank                           Bank considers:
                mempertimbangkan:

                -   Kejadian kontinjensi yang akan                                  -    Contingent events that would change
                    mengubah jumlah dan waktu arus kas;                                  the amount and timing of cash flows;
                -   Fitur leverage;                                                 -    Leverage features;
                -   Persyaratan pelunasan dipercepat dan                            -    Prepayment and extension terms;
                    perpanjangan fasilitas;
                -   Ketentuan yang membatasi klaim Bank                             -    Terms that limit the Bank’s claim to
                    atas arus kas dari aset tertentu                                     cash flows from specified assets (e.g.
                    (seperti pinjaman non-recourse); dan                                 non-recourse loans); and
                -   Fitur yang memodifikasi imbalan dari                            -    Features that modify consideration of
                    nilai waktu atas uang (seperti                                       the time value of money (e.g. periodical
                    penetapan ulang suku bunga berkala).                                 reset of interest rates).

                Penilaian model bisnis                                              Business model assessment

                Model bisnis mengacu pada bagaimana                                 Business model refers to how financial
                aset keuangan dikelola bersama untuk                                assets are managed together to generate
                menghasilkan arus kas untuk Bank. Arus                              cash flows for the Bank. This may be
                kas mungkin dihasilkan dengan menerima                              collecting contractual cash flows, selling
                arus kas kontraktual, menjual aset                                  financial assets or both. Business models
                keuangan atau keduanya. Model bisnis                                are determined at a level of aggregation
                ditentukan pada tingkat agregasi di mana                            where groups of assets are managed
                kelompok aset dikelola bersama untuk                                together to achieve a particular objective
                mencapai tujuan tertentu dan tidak                                  and do not depend on management's
                bergantung pada niat manajemen pada                                 intentions for individual instruments.
                instrumen individual.

                Bank menilai model bisnis pada aset                                 The Bank assesses the business model of
                keuangan setidaknya pada tingkat lini                               financial assets at least at business line
                bisnis atau pada di mana terdapat variasi                           level or where there are varying mandates
                mandat/tujuan dalam lini bisnis, pada lini                          or objectives within a business line, at
                bisnis produk atau pada tingkat desk yang                           a more granular product business line or
                lebih granular (misalnya sub-portofolio atau                        desk level (i.e. sub-portfolios or sub-
                sub-lini bisnis).                                                   business lines).




                                                               26
Page 500
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                         d.     Financial assets and liabilities (continued)

          (i)   Aset keuangan (lanjutan)                                        (i) Financial assets (continued)

                Penilaian model bisnis (lanjutan)                                    Business model assessment (continued)

                Penentuan model bisnis dilakukan dengan                              Business model determinations are made
                mempertimbangkan semua bukti relevan                                 considering all relevant evidence that is
                yang tersedia pada tanggal penilaian. Ini                            available at the date of the assessment.
                termasuk, tetapi tidak terbatas pada:                                This includes, but is not limited to:

                -   bagaimana kinerja bisnis dan aset                                -    how the performance of the business
                    keuangan yang ada di dalam unit                                       and the financial assets held within that
                    bisnis itu dievaluasi dan dilaporkan                                  business unit are evaluated and
                    kepada        manajemen.         Tingkat                              reported to management. The level of
                    pemisahan yang diidentifikasi untuk                                   segregation identified for SFAS 71
                    klasifikasi PSAK 71 harus konsisten                                   classification should be consistent with
                    dengan bagaimana portofolio aset                                      how asset portfolios are segregated
                    dipisahkan dan dilaporkan kepada                                      and reported to senior management;
                    manajemen;
                -   risiko yang mempengaruhi kinerja unit                            -    the risks that affect the performance of
                    bisnis dan aset keuangan yang dimiliki                                the business unit and the financial
                    dalam unit bisnis itu dan khususnya                                   assets held within that business unit
                    bagaimana risiko itu dikelola; dan                                    and in particular the way those risks
                                                                                          are managed; and
                -   bagaimana      manajer     unit   bisnis                         -    how managers of the business unit are
                    dikompensasi      (misalnya,     apakah                               compensated (for example, whether
                    kompensasi didasarkan pada nilai                                      the compensation is based on the fair
                    wajar dari aset yang dikelola atau pada                               value of the assets managed or on the
                    arus     kas       kontraktual     yang                               contractual cash flows collected).
                    dikumpulkan).

                Penentuan      model     bisnis    dilakukan                         Business model determinations are made
                berdasarkan skenario yang diperkirakan                               on the basis of scenarios that the Bank
                akan terjadi oleh Bank dan tidak dalam                               reasonably expects to occur and not under
                kondisi sangat tertekan atau 'kondisi                                highly stressed or 'worst case' conditions.
                terburuk'. Jika aset dijual dalam kondisi                            Where assets are disposed of under
                yang tidak diharapkan oleh Bank untuk                                conditions that the Bank did not reasonably
                berlaku ketika aset diakui, klasifikasi aset                         expect to prevail when the assets were
                keuangan yang ada dalam portofolio tidak                             recognised, the classification of existing
                disajikan secara tidak akurat, tetapi kondisi                        financial assets in the portfolio are not
                tersebut harus dipertimbangkan untuk aset                            rendered inaccurate but the conditions in
                yang diperoleh di masa mendatang.                                    question should be considered for any
                                                                                     assets acquired going forward.

                Pemilihan model operasi dalam PSAK 71                                The targeting operating model for SFAS 71
                dirancang sedemikian rupa sehingga                                   is designed such that accounting for
                akuntansi untuk instrumen di FVTPL                                   instruments at FVTPL is a conscious
                adalah pilihan yang tepat/conscious.                                 choice.




                                                                27
Page 501
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                        d.     Financial assets and liabilities (continued)

          (i)   Aset keuangan (lanjutan)                                       (i) Financial assets (continued)

                Penilaian model bisnis (lanjutan)                                   Business model assessment (continued)

                Perubahan pada model bisnis atau                                    Changes to business models or the
                pengenalan model bisnis baru ditentukan                             introduction of new business models are
                melalui proses persetujuan unit bisnis baru.                        determined through the new business unit
                                                                                    approval process.

                Bank dapat mereklasifikasi seluruh aset                             The Bank can reclassified all of its financial
                keuangan yang terpengaruh jika dan hanya                            assets when and only, its business model
                jika, model bisnis untuk pengelolaan aset                           for managing those financial assets
                keuangan berubah.                                                   changes.

                Pengakuan                                                           Recognition

                Pembelian dan penjualan aset keuangan                               Regular way purchases and sales of
                yang lazim (reguler) diakui pada tanggal                            financial assets are recognised on the trade
                perdagangan dimana Bank memiliki                                    date at which the Bank commits to
                komitmen untuk membeli atau menjual aset                            purchase or sell those assets.
                tersebut.

                Pada saat pengakuan awal, aset keuangan                             A financial asset is initially measured at fair
                diukur pada nilai wajar ditambah/dikurangi                          value plus/less (for an item not
                (untuk item yang tidak diukur pada nilai                            subsequently measured at fair value
                wajar melalui laba rugi setelah pengakuan                           through profit or loss) transaction costs that
                awal) biaya transaksi yang dapat                                    are directly attributable to the acquisition of
                diatribusikan   secara     langsung   atas                          a financial asset. The subsequent
                perolehan aset keuangan. Pengukuran                                 measurement of financial assets depends
                aset keuangan setelah pengakuan awal                                on their classification.
                tergantung pada klasifikasi aset keuangan
                tersebut.

                Biaya transaksi hanya meliputi biaya-biaya                          Transaction costs include only those costs
                yang dapat diatribusikan secara langsung                            that are directly attributable to the
                untuk perolehan suatu aset keuangan dan                             acquisition of a financial asset are
                merupakan biaya tambahan yang tidak                                 incremental costs that would not have been
                akan terjadi apabila instrumen keuangan                             incurred if the instrument had not been
                tersebut tidak diperoleh.                                           acquired.

                Aset keuangan yang diukur pada nilai                                Financial assets carried at fair value
                wajar melalui laporan laba rugi pada                                through profit or loss are initially
                awalnya dicatat sebesar nilai wajar dan                             recognised at fair value and transaction
                biaya transaksinya dibebankan pada                                  costs are expensed in the profit or loss.
                laporan laba rugi.




                                                               28
Page 502
                                                                                 The original financial statements included herein are in
                                                                                                                   Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                          d.     Financial assets and liabilities (continued)

          (ii)   Liabilitas keuangan                                              (ii) Financial liabilities

                 Liabilitas keuangan diklasifikasikan ke                                Financial liabilities are classified into the
                 dalam kategori sebagai berikut pada saat                               following categories at initial recognition:
                 pengakuan awal:
                                                                                        -   Financial liabilities at fair value
                  -    Liabilitas keuangan yang diukur pada
                                                                                            through profit or loss, which has
                       nilai wajar melalui laporan laba rugi,                               2 (two) sub-classifications, i.e., those
                       yang memiliki 2 (dua) sub-klasifikasi,                               designed as such upon initial
                       yaitu liabilitas keuangan yang                                       recognition and those classified as
                       ditetapkan demikian pada saat                                        held for trading;
                       pengakuan awal dan liabilitas
                       keuangan yang telah diklasifikasikan
                       dalam kelompok diperdagangkan;
                  -    Liabilitas keuangan lain yang tidak                              -   Other financial liabilities that are not
                                                                                            classified as financial liabilities at fair
                       diklasifikasikan sebagai liabilitas
                                                                                            value through profit or loss are
                       keuangan yang diukur pada nilai                                      categorized     and      measured       at
                       wajar melalui laba rugi dikategorikan                                amortized cost.
                       dan diukur dengan biaya perolehan
                       diamortisasi.

                 Pada saat pengakuan awal, liabilitas                                  A financial liability is initially measured at
                 keuangan diukur pada nilai wajar                                      fair value plus (for an item not
                 ditambah (untuk item yang tidak diukur                                subsequently measured at fair value
                 pada nilai wajar melalui laba rugi setelah                            through profit or loss) transaction costs
                 pengakuan awal) biaya transaksi yang                                  that are directly attributable to financial
                 dapat diatribusikan secara langsung atas                              liabilities issuance. The subsequent
                 perolehan penerbitan liabilitas keuangan.                             measurement of financial liabilities
                 Pengukuran liabilitas keuangan setelah                                depends on their classification.
                 pengakuan         awal     tergantung   pada
                 klasifikasi liabilitas keuangan tersebut.

                 Biaya transaksi hanya meliputi biaya-biaya                            Transaction costs include only those costs
                 yang dapat diatribusikan secara langsung                              that are directly attributable to the
                 untuk penerbitan suatu liabilitas keuangan                            issuance of a financial liability and are
                 dan merupakan biaya tambahan yang                                     incremental costs that would not have
                 tidak akan terjadi apabila instrumen                                  been incurred if the financial instruments
                 keuangan tersebut tidak diperoleh atau                                had not been acquired or issued.
                 diterbitkan.

                 Liabilitas keuangan, biaya transaksi                                  Financial liabilities, transaction costs are
                 dikurangkan dari jumlah utang yang diakui                             deducted from the amount of debt initially
                 pada pengakuan awal liabilitas. Biaya                                 recognised. Such transactions costs are
                 transaksi tersebut diamortisasi selama                                amortised over the terms of the
                 umur instrumen berdasarkan metode suku                                instruments based on the effective interest
                 bunga efektif dan dicatat sebagai bagian                              rate method and are recorded as part of
                 dari beban bunga.                                                     interest expense.

                 Liabilitas      keuangan           dihentikan                         Financial liabilities are derecognised when
                 pengakuannya       jika   liabilitas    yang                          the obligation under the liability is
                 ditetapkan dalam kontrak dilepaskan,                                  discharged, cancelled, or has expired.
                 dibatalkan, atau kadaluarsa.




                                                                 29
Page 503
                                                                                 The original financial statements included herein are in
                                                                                                                   Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                          d.     Financial assets and liabilities (continued)

          (ii)   Liabilitas keuangan (lanjutan)                                   (ii) Financial liabilities (continued)
                 Jika suatu liabilitas keuangan yang ada                               Where an existing financial liability is
                 digantikan dengan yang lain oleh pemberi                              replaced by another from the same lender
                 pinjaman yang sama pada keadaan yang                                  on substantially different terms, or the
                 secara      substansial    berbeda,     atau                          terms of an existing liability are
                 berdasarkan suatu liabilitas yang ada                                 substantially modified, such an exchange
                 yang secara substansial telah diubah,                                 or modification is treated as derecognition
                 maka pertukaran atau modifikasi tersebut                              of the original liability and the recognition
                 diperlakukan       sebagai     penghentian                            of a new liability, and the difference in the
                 pengakuan liabilitas awal dan pengakuan                               respective carrying amounts is recognised
                 liabilitas baru, dan perbedaan nilai tercatat                         in the profit or loss and other
                 masing-masing diakui dalam laporan laba                               comprehensive income.
                 rugi dan penghasilan komprehensif lain.
          (iii) Kontrak modifikasi                                                (iii) Contract modification
                 Penilaian apakah suatu aset keuangan                                  An assessment of whether a financial
                 telah dimodifikasi baik secara substansial                            asset has been modified substantially or
                 maupun tidak substansial dilakukan oleh                               not substantially is carried out by a
                 unit bisnis yang berwenang melakukan                                  business unit whose authorized to modify
                 modifikasi    atau     restrukturisasi aset                           or restructure financial assets, when the
                 keuangan pada saat unit bisnis tersebut                               business unit performs modification or
                 melakukan tindakan modifikasi atau                                    restructure of a financial asset.
                 restrukturisasi atas suatu aset keuangan.
                 Modifikasi  aset   keuangan     dianggap                              Modifications to financial assets are
                 substansial dan Bank akan berhenti                                    considered substantial and the Bank will
                 mengakui aset keuangan awal ketika:                                   cease to recognize the original financial
                                                                                       assets when:
                 (a) aset keuangan (atau bagiannya)                                    (a) the financial asset (or portion thereof)
                     berakhir, yaitu jika debitur secara                                    expires, that is, if the debtor is legally
                     hukum dibebaskan dari tanggung jawab                                   released from primary responsibility
                     utama atas aset tersebut (atau                                         for the asset (or any portion thereof),
                     bagiannya), baik melalui proses hukum                                  either by legal process or by the
                     maupun oleh kreditur pembuatan                                         creditor entering into a new credit
                     kontrak kredit baru (sebagai contoh,                                   contract (for example, the equity
                     opsi equity conversion); atau                                          conversion option); or
                 (b) terdapat konversi mata uang.                                      (b) there is a currency conversion.
                  Bank kemudian akan mengukur aset                                     The Bank will measure the substantially
                  keuangan yang telah dimodifikasi baik                                and not substantially modified financial
                  secara     substansial   maupun  tidak                               assets as follows:
                  substansial dengan cara berikut:
                  (a) Modifikasi Aset Keuangan yang                                    (a) Substantial Modification of Financial
                      Substansial                                                          Assets

                      1)   Saat    arus    kas   kontraktual                               1)    When the contractual cashflow on
                           atas aset keuangan direnegosiasi                                      a financial asset is renegotiated or
                           atau dimodifikasi (antara lain                                        modified (including when a credit
                           ketika kredit direstrukturisasi)                                      is     restructured)     and     the
                           dimana       renegosiasi     atau                                     renegotiation      or   modification
                           modifikasi tersebut menghasilkan                                      results in derecognition of the
                           penghentian pengakuan aset                                            financial asset, therefore the Bank
                           keuangan, Bank akan mencatat                                          will record the financial asset as a
                           aset keuangan tersebut sebagai                                        new / modified financial asset on
                           aset keuangan baru/ modifikasian                                      the modification/ negotiation date.
                           pada       tanggal     modifikasi/
                           negosiasi.
                                                                 30
Page 504
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                       d.    Financial assets and liabilities (continued)
          (iii) Kontrak Modifikasi (lanjutan)                                  (iii) Contract Modification (continued)

               (a) Modifikasi Aset Keuangan          yang                           (a) Substantial Modification of Financial
                    Substansial (lanjutan)                                              Assets (continued)
                   2)   Selisih jumlah tercatat bruto aset                              2)    The difference between the gross
                        keuangan awal dengan nilai wajar                                      amount of the initial financial
                        aset modifikasian diakui di laba                                      assets and the fair value of the
                        rugi.                                                                 modified assets recorded as profit
                                                                                              or loss.
                   3)   Pendapatan atau biaya transaksi                                 3)    Transaction income or costs
                        yang terjadi sehubungan dengan                                        incurred in connection with a
                        kejadian modifikasi diakui sebagai                                    modification event recognized as
                        bagian dari keuntungan atau                                           part of gain or loss on the
                        kerugian atas modifikasi tersebut.                                    modification.
                   4)   Selanjutnya, Bank melakukan                                     4)    Next, Bank assess whether
                        penilaian apakah aset keuangan                                        new/modified financial assets are
                        baru/modifikasian       merupakan                                     assets originating from impaired
                        aset yang berasal dari aset                                           financial assets.
                        keuangan memburuk.
                   5)   Pengakuan pendapatan bunga                                      5)   Recognition of interest income on
                        atas aset yang berasal dari aset                                     assets originating from financial
                        keuangan memburuk ditentukan                                         assets is calculated based on an
                        berdasarkan suku bunga efektif                                       effective interest rate adjusted for
                        yang telah disesuaikan dengan                                        credit risk (risk-adjusted effective
                        risiko    kredit     (risk-adjusted                                  interest rate) to discount the cash
                        effective interest rate) untuk                                       flows of modified financial assets.
                        mendiskontokan arus kas aset
                        keuangan yang telah dimodifikasi.
              (b) Modifikasi Aset Keuangan yang Tidak                               (b) Non-Substantial          Modification      of
                  Substantial                                                           Financial Assets

                  1.    Saat Bank melakukan renegosiasi                                 1.   When the Bank renegotiates or
                        atau     modifikasi     arus    kas                                  modifies contractual cash flows of
                        kontraktual atas aset keuangan                                       financial assets (including when
                        (antara     lain    ketika   kredit                                  loans are restructured) that do not
                        direstrukturisasi)    yang    tidak                                  meet the criteria for substantial
                        memenuhi kriteria modifikasi aset                                    modification of financial assets
                        keuangan yang substansial di                                         above, the renegotiation or
                        atas, maka renegosiasi atau                                          modification does not result in
                        modifikasi       tersebut     tidak                                  derecognition of the financial
                        menghasilkan           penghentian                                   assets.
                        pengakuan aset keuangan.
                  2.    Jumlah tercatat       bruto   aset                              2.    The gross carrying amount of
                        keuangan dihitung sebesar nilai                                       financial assets is computed at
                        kini (net present value) dari arus                                    the net present value of modified
                        kas    kontraktual   yang telah                                       or renegotiated contractual cash
                        dimodifikasi atau direnegosiasi                                       flows, discounted at the original
                        yang didiskontokan menggunakan                                        effective interest rate.
                        suku bunga efektif awal.
                  3.    Bank       kemudian   mengakui                                  3.    The Bank then recognizes the
                        keuntungan atau kerugian dari                                         gain or loss from the modification
                        modifikasi     (yaitu  sebesar                                        (i.e the change in the gross
                        perubahan jumlah tercatat bruto                                       carrying amount of the financial
                        aset keuangan) dalam laporan                                          asset) in the profit or loss.
                        laba rugi.
                                                              31
Page 505
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                         d.    Financial assets and liabilities (continued)

          (iii) Kontrak Modifikasi (lanjutan)                                    (iii) Contract Modification (continued)

               (b) Modifikasi Aset Keuangan yang Tidak                                (b) Non-Substantial     Modification           of
                   Substantial (lanjutan)                                                 Financial Assets (continued)

                  4.    Pendapatan atau biaya transaksi                                   4.    Transaction income or costs
                        yang terjadi sehubungan dengan                                          incurred in connection with
                        kejadian modifikasi diakui sebagai                                      a     modification    event      are
                        penyesuaian terhadap jumlah                                             recognized as an adjustment to
                        tercatat aset keuangan yang telah                                       the carrying amount of the
                        dimodifikasi    dan    diamortisasi                                     modified financial asset and
                        selama sisa jangka waktu aset                                           amortised over the remaining term
                        keuangan modifikasian tersebut.                                         of the modified financial asset.

          (iv) Penentuan nilai wajar                                             (iv) Determination of fair value

               Nilai wajar adalah harga yang akan diterima                           Fair value is the price that would be
               untuk menjual suatu aset atau harga yang                              received to sell an asset or paid to transfer
               akan dibayar untuk mengalihkan suatu                                  a liability in an orderly transaction between
               liabilitas dalam transaksi teratur (orderly                           market participants at the measurement
               transaction) antara pelaku pasar (market                              date in the principal market or, in its
               participants) pada tanggal pengukuran di                              absence, the most advantageous market to
               pasar utama atau, jika tidak terdapat pasar                           which the Bank has access at that date.
               utama,       di   pasar     yang      paling                          The fair value of a liability reflects its non-
               menguntungkan dimana Bank memiliki                                    performance risk.
               akses pada tanggal tersebut. Nilai wajar
               liabilitas      mencerminkan           risiko
               wanprestasinya.

               Jika tersedia, Bank mengukur nilai wajar                              When available, the Bank measures the
               instrumen keuangan dengan menggunakan                                 fair value of a financial instrument using
               harga kuotasian di pasar aktif untuk                                  the quoted price in an active market for
               instrumen tersebut.                                                   that instrument.

               Instrumen keuangan dianggap memiliki                                  A financial instrument is regarded as
               kuotasi di pasar aktif jika harga kuotasi                             quoted in an active market if quoted prices
               tersedia     sewaktu-waktu      dan     dapat                         are readily and regularly available from an
               diperoleh secara rutin dari bursa, pedagang                           exchange, dealer, broker, industry group,
               efek (dealer), perantara efek (broker),                               pricing service or regulatory agency, and
               kelompok industri, badan pengawas                                     those prices represent actual and regularly
               (pricing service atau regulatory agency),                             occurring market transactions on an arm’s
               dan      harga    tersebut     mencerminkan                           length basis. If the above criteria are not
               transaksi pasar yang aktual dan rutin dalam                           met, the market is regarded as being
               suatu transaksi yang wajar. Jika kriteria di                          inactive. Indications that a market is
               atas tidak terpenuhi, maka pasar aktif                                inactive are when there is a wide bid-offer
               dinyatakan tidak tersedia. Indikasi-indikasi                          spread or significant increase in the bid-
               dari pasar tidak aktif adalah terdapat selisih                        offer spread or there are few recent
               yang besar antara harga penawaran dan                                 transactions.
               permintaan atau kenaikan signifikan dalam
               selisih harga penawaran dan permintaan
               dan hanya terdapat beberapa transaksi
               terkini.




                                                                32
Page 506
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                         d.    Financial assets and liabilities (continued)

          (iv)   Penentuan nilai wajar (lanjutan)                                (iv) Determination of fair value (continued)

                 Bukti terbaik atas nilai wajar instrumen                             The best evidence of the fair value of
                 keuangan pada saat pengakuan awal                                    a financial instrument at initial recognition
                 adalah harga transaksi, yaitu nilai wajar                            is normally the transaction price, i.e., the
                 dari pembayaran yang diberikan atau                                  fair value of the consideration given or
                 diterima. Jika Bank menetapkan bahwa                                 received. If the Bank determines that the
                 nilai wajar pada pengakuan awal berbeda                              fair value at initial recognition differs from
                 dengan harga transaksi dan nilai wajar                               the transaction price and the fair value is
                 tidak dapat dibuktikan dengan harga                                  evidenced neither by a quoted price in an
                 kuotasian di pasar aktif untuk aset atau                             active market for an identical asset or
                 liabilitas yang sejenis atau berdasarkan                             liability nor based on a valuation
                 teknik       penilaian    yang     hanya                             technique that uses only data from
                 menggunakan data dari pasar yang dapat                               observable markets, then the financial
                 diobservasi, maka nilai wajar instrumen                              instrument is initially measured at fair
                 keuangan pada saat pengakuan awal                                    value, adjusted to defer the difference
                 disesuaikan       untuk    menangguhkan                              between the fair value at initial recognition
                 perbedaan antara nilai wajar pada saat                               and the transaction price. Subsequently,
                 pengakuan awal dan harga transaksi.                                  that difference is amortised and
                 Setelah pengakuan awal, perbedaan                                    recognised in profit or loss on over the life
                 tersebut diamortisasi dan diakui dalam                               of the instrument.
                 laba rugi sepanjang umur dari instrumen
                 tersebut.

                 Untuk instrumen keuangan yang tidak                                  For financial instruments with no quoted
                 mempunyai harga pasar, estimasi atas                                 market price, a reasonable estimate of the
                 nilai wajar ditetapkan dengan mengacu                                fair value is determined by reference to
                 pada nilai wajar instrumen lain yang                                 the current market value of another
                 substansinya     sama      atau    dihitung                          instrument which substantially have the
                 berdasarkan arus kas yang diharapkan                                 same characteristic or calculated based
                 terhadap aset bersih efek-efek tersebut.                             on the expected cash flows of the
                 Untuk penyertaan saham yang nilai                                    underlying net asset base of the
                 wajarnya tidak tersedia, estimasi atas nilai                         marketable securities. For the investment
                 wajar     dinyatakan     sebesar      biaya                          in shares do not have readily
                 perolehan.                                                           determinable fair values, the estimated
                                                                                      fair value recognised as at acquisition
                                                                                      cost.

                 Nilai wajar untuk semua instrumen                                    For all other financial instruments, fair
                 keuangan lainnya ditentukan dengan                                   value is determined using valuation
                 menggunakan teknik penilaian. Dengan                                 techniques. In these techniques, fair
                 teknik ini, nilai wajar merupakan suatu                              values are estimated from observable
                 estimasi yang dihasilkan dari data yang                              data in respect of similar financial
                 dapat      diobservasi    dari  instrumen                            instruments, using models to estimate the
                 keuangan yang sama, menggunakan                                      present value of expected future cash
                 model-model untuk mendapatkan estimasi                               flows or other valuation techniques, using
                 nilai kini dari arus kas masa depan yang                             inputs (for example, foreign exchange
                 diharapkan atau teknik penilaian lainnya                             rates,   volatilities  and     counterparty
                 menggunakan input (sebagai contoh nilai                              spreads) existing at the dates of the
                 tukar mata uang asing, volatilitas, dan                              statement of financial position.
                 counterparty spreads) yang tersedia pada
                 tanggal laporan posisi keuangan.




                                                                33
Page 507
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                       d.    Financial assets and liabilities (continued)

          (v)   Penentuan         biaya        perolehan                       (v) Determination of amortised cost
                diamortisasi

                Biaya perolehan diamortisasi dari aset                              The amortised cost of a financial asset or
                keuangan atau liabilitas keuangan adalah                            financial liability is the amount at which
                jumlah aset atau liabilitas keuangan yang                           the financial asset or liability is measured
                diukur pada saat pengakuan awal,                                    at initial recognition, less principal
                dikurangi pembayaran pokok, ditambah                                repayments, plus or less the cumulative
                atau    dikurangi    dengan     amortisasi                          amortisation using the effective interest
                kumulatif dengan menggunakan metode                                 method of any difference between the
                suku bunga efektif yang dihitung dari                               initial amount recognised and the maturity
                selisih antara nilai awal dan nilai jatuh                           amount and minus any allowance for
                temponya dan dikurangi cadangan                                     impairment losses.
                kerugian penurunan nilai.

                Kerugian penurunan nilai dilaporkan                                 The impairment loss is reported as
                sebagai pengurang dari nilai tercatat dari                          a deduction from the carrying value of the
                aset keuangan dalam kelompok biaya                                  financial assets classified as amortised
                perolehan diamortisasi, dan diakui di                               cost and recognised in the statement of
                dalam laporan laba rugi sebagai “Kerugian                           profit or loss as “Impairment losses on
                penurunan nilai aset keuangan”.                                     financial assets”.

                Tingkat suku bunga efektif adalah suku                              The effective interest rate is the rate that
                bunga yang secara tepat mendiskontokan                              exactly discounts the estimated future
                estimasi arus kas di masa datang selama                             cash flows through the expected life of the
                perkiraan umur dari aset keuangan atau                              financial asset or financial liability (or,
                liabilitas keuangan (atau jika lebih tepat,                         where appropriate, a shorter period) to the
                digunakan periode yang lebih singkat)                               net carrying amount at initial recognition.
                untuk memperoleh nilai tercatat bersih                              When calculating the effective interest
                pada saat pengakuan awal. Pada saat                                 rate, the Bank estimates future cash flows
                menghitung tingkat suku bunga efektif,                              considering all contractual terms of the
                Bank mengestimasi arus kas di masa                                  financial instrument, but does not consider
                datang       dengan    mempertimbangkan                             any future credit losses.
                seluruh persyaratan kontraktual dalam
                instrumen keuangan tersebut, namun
                tidak mempertimbangkan kerugian kredit
                di masa mendatang.

                Perhitungan suku bunga efektif mencakup                            The calculation of the effective interest rate
                biaya     transaksi      dan     seluruh                           includes transaction costs and all fees and
                imbalan/provisi dan bentuk lain yang                               provisions paid or received that are an
                dibayarkan atau diterima yang merupakan                            integral part of the effective interest rate.
                bagian tak terpisahkan dari suku bunga
                efektif.




                                                              34
Page 508
                                                                                 The original financial statements included herein are in
                                                                                                                   Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                       PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                          As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                        (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                          d.    Financial assets and liabilities (continued)

          (vi)   Penghentian pengakuan                                            (vi) Derecognition

                 Dalam transaksi dimana Bank secara                                    In transactions in which the Bank neither
                 substansial tidak memiliki atau tidak                                 retains nor transfers substantially all the
                 mentransfer seluruh risiko dan manfaat                                risks and rewards of ownership of
                 atas kepemilikan aset keuangan, Bank                                  a financial asset, the Bank derecognises
                 menghentikan pengakuan aset tersebut                                  the asset if it does not retain control over
                 jika Bank tidak lagi memiliki pengendalian                            the asset. The rights and obligations
                 atas aset tersebut. Hak dan kewajiban                                 retained in the transfer are recognised
                 yang masih dimiliki dalam transfer                                    separately as assets and liabilities as
                 tersebut diakui secara terpisah sebagai                               appropriate. In transfers in which control
                 aset atau liabilitas. Dalam transfer dimana                           over the asset is retained, the Bank
                 pengendalian atas aset masih dimiliki,                                continues to recognise the asset to the
                 Bank tetap mengakui aset yang ditransfer                              extent of its continuing involvement,
                 tersebut          sebesar       keterlibatan                          determined by the extent to which it is
                 berkelanjutan,         dimana         tingkat                         exposed to changes in the value of the
                 keberlanjutan Bank dalam aset yang                                    transferred asset.
                 ditransfer adalah sebesar perubahan nilai
                 aset yang ditransfer.

                 Bank menghapusbukukan aset keuangan                                   The Bank write off a financial asset and
                 dan cadangan kerugian penurunan nilai                                 any related allowance for impairment
                 terkait, pada saat Bank menentukan                                    losses, when the Bank determines that the
                 bahwa aset keuangan tersebut tidak dapat                              financial asset is completely uncollectible.
                 ditagih seluruhnya. Keputusan ini diambil                             This determination is reached after
                 setelah mempertimbangkan informasi                                    considering information such as the
                 seperti    telah terjadinya   perubahan                               occurrence of significant changes in the
                 signifikan     pada    posisi  keuangan                               financial position of debtor/financial asset’s
                 debitur/penerbit aset keuangan sehingga                               issuer such that the debtor/financial
                 debitur/penerbit aset keuangan tidak lagi                             asset’s issuer can no longer pay the
                 dapat melunasi kewajibannya, atau hasil                               obligation, or that proceeds from collateral
                 penjualan agunan tidak akan cukup untuk                               will not be sufficient to pay back the entire
                 melunasi seluruh eksposur pinjaman yang                               exposure.
                 diberikan.

     e.   Saling hapus                                                     e.    Offsetting

          Aset keuangan dan liabilitas keuangan                                   Financial assets and liabilities are offset and
          disalinghapuskan dan nilai bersihnya dilaporkan                         the net amount is reported in the statements of
          pada laporan posisi keuangan jika, dan hanya                            financial position if only the Bank has a legal
          jika Bank memiliki hak yang berkekuatan                                 right to offset the recognised amounts and
          hukum untuk melakukan saling hapus atas                                 there is an intention to settle on net basis, or
          jumlah yang telah diakui tersebut dan adanya                            realise the asset and settle the liability
          maksud untuk menyelesaikan liabilitas secara                            simultaneously.
          bersamaan.

          Hak saling hapus tidak kontinjen atas peristiwa                         The legally enforceable right must not be
          di masa depan dan dapat dipaksakan secara                               contingent on future events and must be
          hukum di dalam situasi bisnis yang normal, dan                          enforceable in the normal course of business
          dalam peristiwa gagal bayar atau kebangkrutan                           and in the event of default, insolvency or
          dari Bank atau pihak lawan.                                             bankruptcy of the Bank or the counterparty.

          Pendapatan dan beban disajikan dalam jumlah                             Income and expenses are presented on a net
          bersih hanya jika diperkenankan oleh standar                            basis only when permitted by the accounting
          akuntansi.                                                              standards.


                                                                 35
Page 509
                                                                                          The original financial statements included herein are in
                                                                                                                            Indonesian language.

           PT BANK VICTORIA INTERNATIONAL Tbk                                            PT BANK VICTORIA INTERNATIONAL Tbk
            CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
             Tanggal 31 Desember 2023 dan untuk                                               As of December 31, 2023 and
          Tahun yang Berakhir pada Tanggal Tersebut                                              for the Year Then Ended
               (Disajikan dalam Ribuan Rupiah,                                             (Expressed in Thousands of Rupiah,
                   Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)


2.    IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                                   2.   SUMMARY     OF  MATERIAL      ACCOUNTING
      MATERIAL (lanjutan)                                                           POLICIES INFORMATION (continued)

     f.     Klasifikasi       dan    Reklasifikasi       instrumen                  f.     Classification and            reclassification      of
            keuangan                                                                       financial instruments
            Klasifikasi aset dan liabilitas keuangan                                       Classification      of   financial      assets    and
                                                                                           liabilities
             Bank mengklasifikasikan instrumen keuangan                                    The Bank classifies the financial instruments
             ke    dalam      klasifikasi  tertentu    yang                                into classes that reflects the nature of
             mencerminkan sifat dari informasi dan                                         information and take into account the
             mempertimbangkan karakteristik dari instrumen                                 characteristic of those financial instruments.
             keuangan tersebut. Klasifikasi ini dapat dilihat                              The classification can be seen in the table
             pada tabel berikut:                                                           below:


                 Kategori yang didefinisikan oleh PSAK 71/                                 Golongan (ditentukan oleh Bank)/
                     Category as defined by SFAS 71                                       Classes (as determined by the Bank)

                                                                          Kas/Cash
                                                                          Giro pada Bank Indonesia/Current accounts with Bank Indonesia
                                                                          Giro pada bank lain/Current accounts with other banks
                                                                          Penempatan pada Bank Indonesia dan bank lain/ Placements
                                                                            with Bank Indonesia and other banks
                                                                          Efek-efek/Marketable securities
                                    Biaya perolehan                       Tagihan akseptasi/Acceptance receivables
                                     diamortisasi/Amortised cost
                                                                          Pinjaman yang diberikan, pembiayaan dan piutang syariah/
                                                                            Loans, sharia financing and receivables
                                                                          Efek-efek yang dibeli dengan janji dijual kembali/Securities
              Aset keuangan/                                                purchased under resale agreements
               Financial
               assets                                                     Pendapatan bunga dan syariah yang masih akan
                                                                            diterima/Interest and sharia income receivables
                                                                          Aset lain-lain/Other assets
                                    Aset keuangan yang diukur             Efek-efek/Marketable securities
                                     pada nilai wajar melalui laba
                                     rugi/Financial assets measured
                                     at fair value through profit or      Penyertaan saham/Investments in shares
                                     loss
                                    Aset keuangan yang diukur             Efek-efek/Marketable securities
                                     pada nilai wajar melalui
                                     penghasilan komprehensif
                                     lain/Financial assets measured       Penyertaan saham/Investments in shares
                                     at fair value through other
                                     comprehensive income
                                                                          Simpanan nasabah/Deposits from customers
                                                                          Simpanan dari bank lain/Deposits from other banks
                                                                          Efek-efek yang dijual dengan janji dibeli kembali/Securities sold
              Liabilitas            Liabilitas keuangan yang diukur            under repurchase agreement
                keuangan/            dengan biaya perolehan
                Financial            diamortisasi/Financial liabilities   Efek-efek yang diterbitkan/Securities issued
                liabilities          at amortised cost

                                                                          Utang akseptasi/Acceptance payables

                                                                          Akrual dan liabilitas lain-lain/Accruals and other liabilities
              Komitmen dan
               kontinjensi/         Fasilitas pinjaman yang belum digunakan/Unused loan facilities
               Commitment
               and                  Garansi yang diterbitkan/Guarantees issued
               contingency
                                                                          36
Page 510
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     f.   Klasifikasi dan Reklasifikasi       instrumen               f.     Classification and reclassification                 of
          keuangan (lanjutan)                                                financial instruments (continued)

          Reklasifikasi aset keuangan                                        Reclassification of financial assets

          Bank      diperkenankan    untuk   melakukan                       The Bank can reclassify its all of its financial
          reklasifikasi atas aset keuangan yang dimiliki                     assets when and only, its business model for
          jika Bank mengubah model bisnis untuk                              managing those financial assets changes.
          pengelolaan aset keuangan.

          Perubahan model bisnis sifatnya harus                             The characteristic of business model changes
          berdampak secara signifikan terhadap kegiatan                     must significantly impact to the Bank
          operasional   Bank    seperti    memperoleh,                      operational activities such as collecting,
          melepaskan, atau mengakhiri suatu lini bisnis.                    disposing or terminating a business line. In
          Selain itu, Bank perlu membuktikan adanya                         addition, the Bank has to prove the changes to
          perubahan tersebut kepada pihak eksternal.                        external parties.

          Bank akan mereklasifikasi seluruh aset                             The Bank will reclassify all financial assets
          keuangan yang terkena dampak dari perubahan                        impacted by business model changes.
          model bisnis. Perubahan tujuan model bisnis                        Changes of the objective of the Bank’s
          Bank harus berdampak sebelum tanggal                               business model must be impacted before
          reklasifikasi.                                                     reclassification date.

          Yang bukan merupakan perubahan model                               The following lists are not changes in business
          bisnis adalah:                                                     model:

          a.   perubahan intensi berkaitan dengan aset                        a.   changes in intention in relation with
               keuangan tertentu (bahkan dalam situasi                             certain financial asset (even in situations
               perubahan signifikan dalam kondisi pasar);                          of significant changes in market
                                                                                   conditions);
          b.   hilangnya sementara pasar tertentu untuk                       b.   temporary loss of certain markets for
               aset keuangan; dan                                                  financial assets; and
          c.   pengalihan aset keuangan antara bagian                         c.   transfer of financial asset between Bank
               dari Bank dengan model bisnis berbeda.                              with different business model.

          Dampak Reklasifikasi Aset Keuangan                                Impact of        Reclassificaton       of   Financial
                                                                            Assets

          Dampak reklasifikasi aset keuangan pada laba                      The impact of reclassification of financial asset
          rugi atau ekuitas dan pengukuran awalnya                          on profit or loss or equity and its initial
          adalah sebagai berikut:                                           measurement is as follows:




                                                            37
Page 511
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                            2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)

     f.   Klasifikasi dan Reklasifikasi         Instrumen                   f.     Classification and Reclassification                 of
          keuangan (lanjutan)                                                      Financial Instruments (continued)

               Reklasifikasi/
              Reclassification     Dampak Terhadap             Dampak Terhadap
                                                                                             Nilai Tercatat Awal Setelah Reklasifikasi/
                                   Laba Rugi/ Impact           Ekuitas/ Impact on
             Dari/                                                                          Initial Carrying Value After Reclassification
                         Ke/ To     on profit or loss                equity
             From

                                                                                        1.  Nilai wajar pada tanggal reklasifikasi
                                                                                            menjadi jumlah tercatat bruto yang baru/
                                                                                            Fair value at the reclassification date
                                                                                            becomes its new gross carrying amount.
                       Amortised
                                   -                       -                            2. Suku bunga efektif ditentukan pada dasar
                       Cost
                                                                                           nilai wajar aset pada tanggal reklasifikasi/
                                                                                           Effective interest rate is determined at the
                                                                                           fair value of the asset at reclassification
                                                                                           date.
           FVTPL
                                                                                        1. Aset keuangan tetap diukur pada nilai
                                                                                           wajarnya/ Financial assets is measured at
                                                                                           fair value.
                                                                                        2. Suku bunga efektif ditentukan pada dasar
                       FVOCI       -                       -
                                                                                           nilai wajar aset pada tanggal reklasifikasi/
                                                                                           Effective interest rate is determined at the
                                                                                           fair value of the asset at reclassification
                                                                                           date.
                                   Selisih antara nilai
                                   tercatat sebelum
                                   reklasifikasi dan
                                   nilai wajar setelah
                                   reklasifikasi/
                                                                                        Nilai wajarnya diukur pada tanggal reklasifikasi/
                       FVTPL       Difference in           -
                                                                                        Fair value is measured at reclassification date.
                                   carrying amount
                                   before
                                   reclassification and
                                   fair value after
           Amortised
                                   reclassification
           Cost
                                                           Selisih antara nilai
                                                           tercatat       sebelum
                                                                                       1.     Nilai wajarnya diukur pada tanggal
                                                           reklasifikasi dan nilai
                                                                                              reklasifikasi/ Fair value is measured at
                                                           wajar           setelah
                                                                                              reclassification date.
                                                           reklasifikasi/
                       FVOCI       -                                                   2.     Suku bunga efektif dan pengukuran kerugian
                                                           Difference in carrying
                                                                                              kredit ekspektasian tidak perlu disesuaikan/
                                                           amount           before
                                                                                              Effective interest rate and expected credit
                                                           reclassification and
                                                                                              loss is not adjusted.
                                                           fair    value      after
                                                           reclassification
                                                                                       1. Nilai wajar pada tanggal reklasifikasi menjadi
                                                           Keuntungan        atau
                                                                                          jumlah tercatat bruto yang baru ditambah
                                                           kerugian      kumulatif
                                                                                          atau dikurangi keuntungan atau kerugian
                                                           dihapus dari ekuitas
                                                                                          kumulatif sebelumnya/ Fair value at the
                                                           dan        disesuaikan
                                                                                          reclassification date becomes its new gross
                       Amortised                           terhadap nilai wajar/
                                   -                                                      carrying amount by added or deducted the
                       Cost                                Cumulative gain or
                                                                                          previous cumulative gain or loss.
                                                           loss on OCI is
                                                                                       2. Suku bunga efektif dan pengukuran kerugian
                                                           adjusted against the
           FVOCI                                                                          kredit ekspektasian tidak perlu disesuaikan/
                                                           fair value of the
                                                                                          Effective interest rate and expected credit
                                                           financial asset
                                                                                          loss is not adjusted.

                                   Keuntungan       atau       kerugian  kumulatif
                                   direklasifikasi dari ekuitas menjadi laba rugi/      Aset keuangan tetap diukur pada nilai wajarnya/
                       FVOCI
                                   Cumulative gain or loss on OCI is                    Financial assets is measured at fair value
                                   reclassified to profit or loss


                                                                  38
Page 512
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     g.   Penurunan nilai dari aset keuangan                           g.     Impairment of financial assets

          Bank menilai dengan dasar perkiraan masa                           The Bank assesses on a forward-looking basis
          yang akan datang kerugian kredit ekspektasian                      the expected credit loss associated with its
          (Expected Credit Loss/"ECL”) terkait dengan                        financial assets instruments carried at
          instrumen aset keuangan yang dicatat pada                          amortised cost and fair value at other
          biaya perolehan diamortisasi dan nilai wajar                       comprehensive income. The impairment
          melalui    penghasilan    komprehensif     lain.                   methodology applied depends on whether there
          Metodologi penurunan nilai yang ditampilkan                        has been a significant increase in credit risk to
          tergantung kepada apakah tidak terjadi                             financial asset measured at amortised cost and
          peningkatan risiko kredit yang signifikan untuk                    at fair value through other comprehensive
          aset keuangan yang diukur pada biaya                               income (FVOCI). If at the reporting date, credit
          perolehan diamortisasi dan diukur pada nilai                       risk on financial asset has not increased
          wajar melalui penghasilan komprehensif lain                        significantly since initial recognition, the Bank
          (FVOCI). Jika pada tanggal pelaporan, risiko                       shall measure the allowance for losses for that
          kredit atas aset keuangan tidak meningkat                          financial asset at the amount of 12 (twelve)
          secara signifikan sejak pengakuan awal, maka                       months expected losses. If the credit risk on
          Bank akan mengukur penyisihan kerugian untuk                       that financial asset has increased significantly
          aset keuangan tersebut sejumlah ECL 12 bulan.                      since initial recognition, the Bank shall measure
          Jika risiko kredit atas aset keuangan telah                        the allowance for losses at the amount of
          meningkat secara signifikan dari pengakuan                         expected credit losses over its lifetime.
          awal, maka Bank akan menyajikan penyisihan
          kerugian sejumlah ECL lifetime.

          ECL 12 bulan dan ECL lifetime                                      12-month ECL and Lifetime ECL

          ECL 12 bulan adalah bagian dari kerugian                           12-month ECL is the portion of ECL that result
          kredit ekspektasian sepanjang umurnya yang                         from default events that are possible within the
          merepresentasikan ECL yang timbul dari                             12-months after reporting date (or the shorter
          peristiwa gagal bayar aset keuangan yang                           period if expected life of financial asset is less
          mungkin terjadi dalam 12 bulan setelah tanggal                     than 12 months). 12-month ECL is weighted by
          pelaporan (atau periode yang lebih pendek jika                     probability of default.
          umur aset keuangan yang diharapkan kurang
          dari 12 bulan). ECL 12 bulan dibobot oleh
          probabilitas terjadinya default dimaksud.

          ECL lifetime adalah kerugian yang diakibatkan                      Lifetime ECL is the ECL that result from all
          dari semua kejadian default yang mungkin                           possible default events over the expected life of
          terjadi selama perkiraan waktu umur hidup aset                     financial asset.
          keuangan.

          Staging Criteria                                                   Staging Criteria

          Aset keuangan harus dialokasikan ke salah satu                     Financial asset must be allocated to one of
          dari tiga tahap penurunan nilai (stage 1, stage                    three stages of impairment (stage 1, stage 2,
          2, stage 3) dengan menentukan apakah terjadi                       stage 3) by determining whether there is
          peningkatan risiko kredit yang signifikan atas                     a significant increase in credit risk on the
          aset keuangan sejak pengakuan awal atau                            financial asset since initial recognition or
          apakah fasilitas tersebut gagal bayar pada                         whether the facility has defaulted on each
          setiap tanggal pelaporan.                                          reporting date.




                                                             39
Page 513
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     g.   Penurunan      nilai   dari    aset    keuangan                g.     Impairment of financial assets (continued)
          (lanjutan)

          Stage 1: ECL diakui pada saat pengakuan awal                         Stage 1: ECL are recognised at the time of
          instrumen keuangan dan merepresentasikan                             initial recognition of a financial instrument and
          kekurangan kas sepanjang umur aset yang                              represent the lifetime cash shortfalls arising
          timbul dari kemungkinan gagal bayar di masa                          from possible default events up to twelve
          yang akan datang dalam kurun waktu dua belas                         months into the future from the reporting date.
          bulan sejak tanggal pelaporan. ECL terus                             ECL continue to be determined on this basis
          ditentukan oleh dasar ini sampai timbul                              until there is either a significant increase in the
          peningkatan risiko kredit yang signifikan pada                       credit risk of an instrument or the instrument
          instrumen tersebut atau instrumen tersebut                           becomes credit-impaired. If an instrument is no
          telah mengalami penurunan nilai kredit. Jika                         longer considered to exhibit a significant
          suatu     instrumen   tidak   lagi     dianggap                      increase in credit risk, ECL will revert to being
          menunjukkan peningkatan risiko kredit yang                           determined on a 12-month basis.
          signifikan, maka ECL dihitung kembali
          berdasarkan basis dua belas bulan.

          Stage 2: mencakup aset keuangan yang                                  Stage 2: includes financial assets that
          mengalami peningkatan signifikan atas risiko                          experience a significant increase in credit risk
          kredit (“SICR”) sejak pengakuan awal (kecuali                         (“SICR”) since initial recognition (unless having
          jika memiliki risiko kredit rendah pada tanggal                       low credit risk at the reporting date), but do not
          pelaporan), namun tidak memiliki bukti                                have objective evidence of impairment. For
          penurunan nilai yang objektif. Untuk aset ini,                        these assets, Lifetime ECL will be calculated.
          ECL lifetime dihitung. ECL lifetime adalah                            Lifetime ECL are the ECL that results from all
          kerugian pinjaman yang diharapkan yang                                possible default events over the expected life
          dihasilkan dari semua kejadian default yang                           of financial asset.
          mungkin terjadi selama perkiraan umur dari aset
          keuangan.

          Bank menggunakan berbagai pengukuran                                  The Bank uses a number of qualitative and
          kualitatif dan kuantitatif dalam menilai SICR                         quantitative measures in assessing SICR as
          seperti berikut:                                                      follows:

          Pinjaman yang diberikan                                               Loans

          a.   Kriteria kuantitatif                                             a.   Quantitative criteria
               Akun-akun dengan 30 hari tunggakan                                    Accounts that are 30 days past due
               (“DPD”)     dianggap     telah   mengalami                            (“DPD”)    are      considered   to    have
               peningkatan risiko kredit yang signifikan.                            experienced a significant increase in credit
                                                                                     risk.

          b.   Kriteria kualitatif                                              b.   Qualitative criteria
               Debitur dengan DPD kurang dari 30 hari                                Debtors with DPD less than 30 days which
               yang telah direstrukturisasi (kecuali debitur                         have been restructured (except for
               restrukturisasi akibat dampak pandemi                                 restructured debtors as a result of the
               COVID-19) dianggap memiliki kenaikan                                  COVID-19 pandemic) which is considered
               signifikan atas risiko kredit.                                        to have a significant increase in credit risk.


          Stage 3: Aset hanya akan dianggap mengalami                           Stage 3: An asset is only considered credit
          penurunan     nilai   dan   kerugian    kredit                        impaired and lifetime expected credit losses
          ekspektasian sepanjang umurnya diakui, jika                           recognised, if there is observed objective
          terdapat bukti objektif penurunan nilai yang                          evidence of impairment. These factors are
          dapat    diobservasi.    Faktor-faktor   yang                         similar to the indicators of objective evidence of
          diobservasi ini serupa dengan indikator bukti                         impairment under SFAS 71, this includes,



                                                               40
Page 514
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     g.   Penurunan      nilai   dari    aset    keuangan                g.     Impairment of financial assets (continued)
          (lanjutan)

          objektif penurunan nilai pada PSAK 71,                                amongst other factors, assets in default or
          termasuk antara lain aset gagal bayar atau                            experiencing significant financial difficulty, or
          mengalami kesulitan keuangan yang signifikan                          experiencing forbearance on impaired credit
          atau mengalami forbearance atas kredit yang                           (mentioned as ‘Stage 3 asset’). The
          mengalami penurunan nilai (disebut sebagai                            measurement of expected credit losses across
          ‘aset Stage 3’). Pengukuran kerugian kredit                           all stages is required to reflect an unbiased
          ekspektasian di seluruh tahapan aset                                  and probability weighted amount that is
          diperlukan untuk mencerminkan jumlah yang                             determined by evaluating a range of
          tidak bias dan rata-rata probabilitas tertimbang                      reasonably     possible     outcomes       using
          yang     ditentukan    dengan      mengevaluasi                       reasonable and supportable information about
          serangkaian kemungkinan yang dapat terjadi                            past events, current conditions and forecasts
          menggunakan informasi yang wajar dan dapat                            of future economic conditions.
          didukung dengan peristiwa di masa lampau,
          kondisi saat ini dan proyeksi terkait dengan
          kondisi ekonomis di masa depan.

          Aset keuangan yang mengalami penurunan                                Financial assets that are credit impaired (or in
          nilai (atau gagal bayar) merupakan aset yang                          default) represent those that are at least 90
          setidaknya telah memiliki tunggakan lebih dari                        days past due in respect of principal and/or
          90 hari atas pokok dan/atau bunga atau                                interest or has certain credit grades (default).
          memiliki peringkat kredit tertentu (default). Aset                    Financial assets are also considered to be
          keuangan juga dianggap mengalami penurunan                            credit impaired where the debtors are unlikely
          nilai kredit dimana debitur kemungkinan besar                         to pay on the occurrence of one or more
          tidak akan membayar dengan terjadinya satu                            observable events that have a detrimental
          atau lebih kejadian yang teramati yang memiliki                       impact on the estimated future cash flows of
          dampak menurunkan jumlah estimasi arus kas                            the financial asset. Loss provisions against
          masa depan dari aset keuangan tersebut.                               credit impaired financial assets are determined
          Cadangan kerugian penurunan nilai terhadap                            based on an assessment of the recoverable
          aset keuangan yang mengalami penurunan                                cash flows under a range of scenarios,
          nilai ditentukan berdasarkan penilaian terhadap                       including the realisation of any collateral held
          arus kas yang dapat dipulihkan berdasarkan                            where appropriate. The ECL will reflect
          sejumlah skenario, termasuk realisasi jaminan                         weighted average of the scenarios based on
          yang dimiliki jika memungkinkan. ECL akan                             the probability of the relevant scenario to occur.
          mencerminkan rata-rata tertimbang dari                                The loss provisions held represent the
          skenario berdasarkan probabilitas dari skenario                       difference between the present value of the
          yang relevan untuk terjadi. Cadangan kerugian                         cash flows expected to be recovered,
          penurunan nilai merupakan selisih antara nilai                        discounted at the instrument’s original effective
          sekarang dari arus kas yang diperkirakan akan                         interest rate, and the gross carrying value of
          dipulihkan, didiskontokan pada suku bunga                             the instrument prior to any credit impairment.
          efektif awal, dan nilai tercatat bruto instrumen
          sebelum penurunan nilai kredit.

          Periode yang diperhitungkan ketika mengukur                           The period considered when measuring
          kerugian kredit ekspektasian adalah periode                           expected credit loss is the contractual term of
          kontrak aset keuangan. Umur ekspektasian                              the financial asset. The expected life may be
          dapat dipengaruhi oleh pembayaran dimuka                              impacted by prepayments and the maximum
          dan periode kontrak maksimum melalui opsi                             contractual term by extension options. For
          perpanjangan     kontrak.     Untuk     portofolio                    certain revolving portfolios, the expected life is
          revolving tertentu, umur ekspektasian dinilai                         assessed over the period that the Bank is
          sepanjang periode dimana Bank terekspos                               exposed to credit risk (which is based on the
          dengan risiko kredit (berdasarkan durasi waktu                        length of time it takes for credit facilities to be
          yang dibutuhkan untuk fasilitas kredit ditarik).                      withdrawn).




                                                               41
Page 515
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     g.   Penurunan      nilai   dari    aset   keuangan               g.     Impairment of financial assets (continued)
          (lanjutan)

          Untuk aset yang diukur pada biaya perolehan                         For assets measured at amortised cost, the
          diamortisasi, saldo di neraca mencerminkan                          balance sheet amount reflects the gross asset
          aset    bruto    dikurangi   kerugian  kredit                       less the expected credit losses. For debt
          ekspektasian. Untuk instrumen utang dalam                           instruments held at FVOCI, the balance sheet
          kategori FVOCI, saldo di neraca mencerminkan                        amount reflects the instrument’s fair value less
          nilai wajar dari instrumen dikurangi dengan                         the expected credit losses.
          cadangan kerugian kredit ekspektasian.

          Untuk      menentukan    kerugian    kredit                         To determine the expected credit loss, these
          ekspektasian komponen-komponen ini akan                             components are multiplied together and
          diperhitungkan secara bersama-sama dan                              discounted to the balance sheet date using the
          didiskontokan ke tanggal laporan keuangan                           effective interest rate as the discount rate.
          menggunakan diskonto berdasarkan suku
          bunga efektif.

          PSAK 71 mensyaratkan penyertaan informasi                           SFAS 71 requires supportable information
          tentang kejadian masa lalu, kondisi saat ini dan                    about past events, current condition and
          perkiraan kondisi ekonomi masa depan.                               forecasts of future economic conditions.
          Perkiraan perubahan dalam kerugian pinjaman                         Estimated movement on expected credit
          yang diharapkan harus mencerminkan dan                              losses have to be reflected and directly
          secara langsung konsisten dengan perubahan                          consistent with changes in observed related
          dalam data terkait yang diobservasi dari periode                    data over the period. This ECL calculation
          ke periode. Perhitungan ECL ini membutuhkan                         needs     forward-looking     estimation  from
          estimasi forward-looking dari Probability of                        Probability of Default (PD), Loss Given Default
          Default (PD), Loss Given Default (LGD) dan                          (LGD) and Exposure At Default (EAD).
          Exposure At Default (EAD).

          Untuk komitmen pinjaman dan kontrak jaminan                         For loan commitments and financial guarantee
          keuangan, tanggal pada saat Bank menjadi                            contracts, the date when the Bank become
          pihak dalam suatu komitmen yang tidak dapat                         a party in a irrevocable commitment is the date
          dibatalkan merupakan tanggal pengakuan awal                         of initial recognition for implementation of
          untuk keperluan penerapan persyaratan                               impairment purposes.
          penurunan nilai.

          a. Probability of Default (“PD”)                                   a.   Probability of Default (“PD”)

             Probabilitas yang timbul di suatu waktu                              The probability at a point in time that
             dimana debitur mengalami gagal bayar,                                a counterparty will default, calibrated over
             dikalibrasikan sampai dengan periode                                 up to 12 months from the reporting date
             12 bulan dari tanggal laporan (Stage 1) atau                         (Stage 1) or over the lifetime of the product
             sepanjang umur (Stage 2 dan 3) dan                                   (Stage 2 and 3) and incorporating the
             digabungkan pada dampak asumsi ekonomi                               impact     of forward-looking economic
             masa depan yang memiliki risiko kredit. PD                           assumptions that have an effect on credit
             diestimasikan pada point in time dimana hal                          risk. PD is estimated at a point in time that
             ini berfluktuasi sejalan dengan siklus                               means it will fluctuate in line with the
             ekonomi.                                                             economic cycle.




                                                             42
Page 516
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     g.   Penurunan      nilai   dari    aset    keuangan                g.     Impairment of financial assets (continued)
          (lanjutan)

          b. Loss Given Default (“LGD”)                                        b.   Loss Given Default (“LGD”)

             Kerugian yang diperkirakan akan timbul dari                            The loss that is expected to arise on
             debitur yang mengalami gagal bayar dengan                              default, incorporating the impact of relevant
             menggabungkan dampak dari asumsi                                       forward looking economic assumptions
             ekonomi masa depan yang relevan (jika                                  (if any), which represents the difference
             ada) dimana hal ini mewakili perbedaan                                 between the contractual cash flows due
             antara arus kas kontraktual yang akan jatuh                            and those that the Bank expects to receive.
             tempo dengan arus kas yang diharapkan                                  The Bank estimates LGD based on the
             untuk diterima. Bank mengestimasikan LGD                               historical recovery rates and considers the
             berdasarkan data historis dari tingkat                                 recovery of any collateral that is integral to
             pemulihan dan memperhitungkan pemulihan                                the financial assets, taking into account
             yang berasal dari jaminan terhadap aset                                forward looking economic assumptions if
             keuangan     dengan     mempertimbangkan                               relevant.
             asumsi ekonomi di masa depan jika relevan.

          c. Exposure at Default (“EAD”)                                       c.   Exposure at Default (“EAD”)

             Perkiraan nilai eksposur neraca pada saat                              The expected balance sheet exposure at
             gagal bayar dengan mempertimbangkan                                    the time of default, taking into account that
             bahwa     perubahan     ekspektasi   yang                              expected change in exposure over the
             diharapkan selama masa eksposur. Hal ini                               lifetime of the exposure. This incorporates
             menggabungkan dampak penarikan fasilitas                               the impact of drawdowns of committed
             yang committed pembayaran pokok dan                                    facilities, repayments of principal and
             bunga,    amortisasi   dan    pembayaran                               interest, amortisation and prepayments,
             dipercepat, bersama dengan dampak                                      together with the impact of forward looking
             asumsi ekonomi masa depan jika relevan.                                economic assumptions where relevant.

     h.   Penurunan nilai dari aset non-keuangan                         h.     Impairment of non-financial assets

          Nilai tercatat aset non-keuangan Bank, selain                         The carrying amount of the Bank's non-
          aset pajak tangguhan, dikaji pada setiap tanggal                      financial assets, other than deferred tax assets,
          pelaporan untuk menentukan ada tidaknya                               are reviewed at each reporting date to
          indikasi penurunan nilai. Untuk tujuan pengujian                      determine whether there is any indication of
          penurunan nilai, aset yang tidak dapat diuji                          impairment. For the purpose of impairment
          secara individual dapat digabungkan ke dalam                          testing, assets that cannot be tested
          kelompok aset terkecil yang menghasilkan arus                         individually are grouped together into the
          kas masuk dari penggunaan berkelanjutan yang                          smallest group of assets that generates cash
          sebagian besar independen dari arus kas                               inflows from continuing use that are largely
          masuk dari aset lainnya (Unit Penghasil Kas                           independent of the cash inflows of other assets
          atau “CGU”). Jika terdapat indikasi adanya                            (Cash Generating Units or “CGU”). If any such
          penurunan nilai tersebut, maka nilai terpulihkan                      indication exists, then the asset's recoverable
          aset diestimasi.                                                      amount is estimated.

          Kerugian penurunan nilai diakui jika nilai                            An impairment loss is recognised if the carrying
          tercatat suatu aset atau CGU melebihi estimasi                        amount of an asset or CGU exceeds its
          nilai terpulihkannya. Nilai terpulihkan suatu aset                    estimated       recoverable     amount.        The
          adalah nilai yang terbesar antara nilai pakai                         recoverable amount of an asset or CGU is the
          aset atau CGU dan nilai wajar dikurangi biaya                         greater of its value in use and its fair value less
          penjualan. Dalam penentuan nilai pakai aset,                          cost to sell. In assessing value in use, the
          estimasi arus kas masa depan didiskontokan                            estimated future cash flows are discounted to
          menggunakan tingkat diskonto sebelum pajak                            their present value using a pre-tax discount
          yang menggambarkan penilaian pasar kini atas                          rate that reflects current market assessments
          nilai waktu dari uang dan risiko yang terkait                         of the time value of money and the risks
          dengan aset yang bersangkutan.                                        specific to the asset.

                                                               43
Page 517
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     h.   Penurunan nilai dari aset non-keuangan                       h.     Impairment        of      non-financial       assets
          (lanjutan)                                                          (continued)

          Kerugian penurunan nilai atas aset non-                             Impairment losses in respect of non-financial
          keuangan yang diakui pada tahun sebelumnya                          assets recognised in prior year are assessed at
          dikaji pada setiap tanggal pelaporan keuangan                       each reporting date for any indications that the
          untuk menilai apakah terdapat indikasi bahwa                        loss has decreased or no longer exists. An
          rugi penurunan nilai yang telah diakui                              impairment loss, except for goodwill, is
          sebelumnya telah menurun atau tidak ada lagi.                       reversed if there has been a change in the
          Kerugian penurunan nilai, kecuali untuk                             estimates used to determine the recoverable
          goodwill, dipulihkan jika terdapat perubahan                        amount. An impairment loss is reversed only to
          estimasi yang digunakan untuk menentukan                            the extent that the asset's carrying amount
          nilai terpulihkan. Jumlah kerugian penurunan                        does not exceed the carrying amount that
          nilai yang dibalik tidak boleh menyebabkan nilai                    would have been determined, net of
          aset melebihi nilai tercatat bersih setelah                         depreciation or amortisation, if no impairment
          penyusutan atau amortisasi, seandainya tidak                        loss had been recognised.
          ada kerugian penurunan nilai yang diakui.

     i.   Kas dan setara kas                                           i.     Cash and cash equivalents

          Kas meliputi kas dan kas dalam khasanah.                            Cash includes cash on hand and cash in vault.
          Untuk tujuan laporan arus kas, kas dan setara                       For the purpose of the statement of cash flows,
          kas mencakup kas, giro pada Bank Indonesia,                         cash and cash equivalents include cash,
          giro pada bank lain, penempatan pada Bank                           current accounts with Bank Indonesia, current
          Indonesia dan bank lain, dan Sertifikat Bank                        accounts with other banks, placements with
          Indonesia yang jatuh tempo dalam 3 (tiga)                           Bank Indonesia and other banks, and
          bulan atau kurang sejak tanggal perolehan yang                      Certificates of Bank Indonesia maturing within
          tidak dijaminkan atau dibatasi penggunaannya.                       3 (three) months or less from the date of
                                                                              acquisition and are not pledged or restricted.

     j.   Giro pada Bank Indonesia dan bank lain                       j.     Current accounts with Bank Indonesia and
                                                                              other banks

          Giro pada Bank Indonesia dan bank lain                              Current accounts with Bank Indonesia and
          diklasifikasikan sebagai aset keuangan yang                         other banks are classified as financial assets
          diukur pada biaya perolehan diamortisasi. Lihat                     measured at amortised cost. Refer to Note 2d
          Catatan 2d untuk kebijakan akuntansi atas aset                      for the accounting policy of financial assets.
          keuangan.

          Giro pada Bank Indonesia dan bank lain                              Current accounts with Bank Indonesia and
          dinyatakan sebesar saldo giro dikurangi dengan                      other banks are stated at the outstanding
          cadangan kerugian penurunan nilai.                                  balance less allowance for impairment losses.

     k.   Penempatan pada Bank Indonesia dan bank                      k.     Placements with Bank Indonesia and other
          lain                                                                banks

          Penempatan pada Bank Indonesia dan bank                             Placements with Bank Indonesia and other
          lain merupakan penanaman dana dalam bentuk                          banks consist of interbank call money, Time
          interbank call money, Deposito berjangka,                           deposit, Certificate of deposits, and Bank
          Sertifikat deposito, dan Fasilitas Simpanan Bank                    Indonesia Deposit Facility ("FASBI").
          Indonesia ("FASBI").




                                                             44
Page 518
                                                                                 The original financial statements included herein are in
                                                                                                                   Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                       PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                          As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                        (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     l.   Efek-efek                                                        l.     Marketable securities

          Efek-efek yang dimiliki terdiri dari Sertifikat Bank                    Marketable securities consist of Certificates of
          Indonesia (“SBI”), Sekuritas Rupiah Bank                                Bank Indonesia (“SBI”), Bank Indonesia Rupiah
          Indonesia (“SRBI”), Surat Utang Negara, Surat                           Securities (“SRBI”), Government Promissory
          Berharga Syariah Negara, obligasi korporasi,                            Notes, Government Sharia Bonds, corporate
          wesel jangka menengah, unit penyertaan                                  bonds, medium term notes, mutual fund
          reksadana, dan efek-efek pasar uang dan pasar                           investment units and other money market and
          modal lainnya.                                                          capital market securities.

          Setelah pengakuan awal, efek-efek diukur                                Subsequently accounted for, marketable
          sesuai dengan klasifikasinya masing-masing,                             securities depending on their respective
          sebagai diukur       pada biaya perolehan                               classifications, as either measured at amortised
          diamortisasi atau diukur pada nilai wajar melalui                       cost or measured at fair value through other
          pendapatan komprehensif lain (“FVOCI”) atau                             comprehensive income (“FVOCI“) or measured
          diukur pada nilai wajar melalui laporan laba rugi                       at fair value through profit or loss (“FVTPL”).
          (“FVTPL”).

          1.   Diukur     pada        biaya       perolehan                       1.   Measured at amortised cost
               diamortisasi

               Setelah pengakuan awal, investasi diukur                                Accounted for, investment measured at
               pada biasa perolehan diamortisasi dengan                                amortised cost using effective interest rate
               menggunakan metode suku bunga efektif.                                  method.

          2.   Diukur pada FVOCI                                                  2.   Measured at FVOCI

               Setelah pengakuan awal, diukur pada nilai                               Accounted for, investment carried at fair
               wajar dimana keuntungan dan kerugian                                    value with all unrealised gains and losses
               yang belum direalisasi atas perubahan nilai                             arising from changes in fair value
               wajar akan diakui sebagai penghasilan                                   recognised     in other       comprehensive
               komprehensif lain. Perubahan pada                                       income. Changing in expected credit losses
               kerugian kredit ekspektasian diakui laba                                recognised in the profit or loss and are
               rugi dan diakumulasi pada ekuitas. Pada                                 accumulated in equity. On derecognition,
               saat penghentian pengakuan, akumulasi                                   the cumulative fair value gains or losses,
               keuntungan atau kerugian nilai wajar                                    net of cumulative allowance for impairmen
               bersih, setelah akumulasi cadangan                                      losses, are transferred to the profit or loss.
               kerugian penurunan nilai, ditransfer ke laba
               rugi.

          3.   Diukur pada FVTPL                                                  3.   Measured at FVTPL

               Seluruh aset keuangan yang tidak                                        All financial assets not classified as
               diklasifikasikan sebagai diukur dengan                                  measured at amortised cost or FVOCI as
               biaya perolehan diamortisasi atau FVOCI                                 described above are measured at FVTPL.
               sebagaimana ketentuan di atas diukur                                    Financial instruments grouped into this
               dengan FVTPL. Instrumen keuangan yang                                   category are recognised at their fair value
               dikelompokkan ke dalam kategori ini diakui                              at initial recognition; transaction costs are
               pada nilai wajarnya pada saat pengakuan                                 recognised directly in the statement of
               awal; biaya transaksi diakui secara                                     profit or loss. Gains and losses arising
               langsung ke dalam laporan laba rugi.                                    from changes in fair value and sale of
               Keuntungan dan kerugian yang timbul dari                                financial instruments are recognised in the
               perubahan nilai wajar dan penjualan                                     statement of profit or loss.
               instrumen keuangan diakui di dalam
               laporan laba rugi.




                                                                 45
Page 519
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     m. Pinjaman yang diberikan, pembiayaan dan                        m. Loans, sharia financing and receivables
        piutang syariah

        Restrukturisasi  pinjaman   bisa  meliputi                         Loan restructuring may involve a modification
        modifikasi persyaratan pinjaman, konversi                          of the terms of the loans, conversion of loans
        pinjaman menjadi saham atau instrumen                              into equity or other financial instruments and/or
        keuangan lainnya dan/atau kombinasi dari                           a combination of both.
        keduanya.
        Pinjaman yang direstrukturisasi dan tidak                          Restructured      loans     which      are     not
        dihentikan pengakuannya disajikan sebesar                          derecognised, are stated at the lower of
        nilai yang lebih rendah antara nilai tercatat                      carrying value of the loan at the time of
        pinjaman pada tanggal restrukturisasi atau                         restructuring or net present value of the
        proyeksi nilai kini dari penerimaan kas masa                       estimate of total future cash receipts after
        depan setelah restrukturisasi. Kerugian akibat                     restructuring. Losses arising from any excess
        selisih antara nilai tercatat pinjaman pada                        of the carrying value of the loan at the time of
        tanggal restrukturisasi dengan nilai tunai                         restructuring over the net present value of the
        penerimaan kas masa             depan setelah                      total future cash receipts after restructuring are
        restrukturisasi diakui sebagai laba/rugi. Setelah                  recognised as profit/loss. Thereafter, all cash
        restrukturisasi, semua penerimaan kas masa                         receipts under the new terms shall be
        depan yang ditetapkan dalam persyaratan baru                       accounted for as the recovery of principal and
        dicatat sebagai pengembalian pokok pinjaman                        interest revenue, in accordance with the
        yang diberikan dan pendapatan bunga sesuai                         restructuring scheme.
        dengan syarat-syarat restrukturisasi.
        Termasuk di dalam pinjaman yang adalah                             Included in loans are financing by PT Bank
        termasuk pembiayaan oleh PT Bank Victoria                          Victoria Syariah, a Subsidiary, in the form of
        Syariah, Entitas Anak, berupa pembiayaan dan                       sharia financing and receivables.
        piutang syariah.
        Penjelasan secara ringkas dari masing-masing                       Brief explanation for each type of sharia
        jenis pembiayaan dan piutang tersebut adalah                       financing and receivables are as follows:
        sebagai berikut:
        Pembiayaan mudharabah adalah penanaman                             Mudharabah financing is investment of funds
        dana dari pemilik dana (shahibul maal) kepada                      from the owner of funds (shahibul maal) to the
        pengelola dana (mudharib) untuk melakukan                          fund manager (mudharib) to conduct certain
        kegiatan usaha tertentu, dengan menggunakan                        business activity, with profit sharing or gross
        bagi hasil (profit sharing) atau metode bagi hasil                 profit margin method between the two parties
        usaha (gross profit margin) antara kedua belah                     based on a mutually agreed predetermined
        pihak berdasarkan nisbah yang telah disepakati                     ratio. The Subsidiary uses profit sharing
        sebelumnya. Entitas Anak mengenakan bagi                           scheme based on gross profit margin method.
        hasil berdasarkan metode margin laba kotor.
        Pembiayaan mudharabah dinyatakan sebesar                           Mudharabah financing is stated at the outstanding
        saldo pembiayaan dikurangi dengan cadangan                         balance, net of allowance for possible losses. The
        kerugian    penurunan     nilai.   Entitas   Anak                  Subsidiary provides allowance for impairment
        menetapkan cadangan kerugian penurunan nilai                       losses based on the financing quality as
        sesuai dengan kualitas pembiayaan berdasarkan                      determined by a review of each account. In the
        penelaahan      atas    masing-masing        saldo                 event that a portion of the mudharabah financing
        pembiayaan. Apabila sebagian pembiayaan                            is lost prior to the start of operations due to
        mudharabah hilang sebelum dimulainya usaha                         damage or any other reasons without negligence
        karena adanya kerusakan atau sebab lainnya                         or error by the fund manager, the loss shall be
        tanpa adanya kelalaian atau kesalahan pihak                        deducted from mudharabah financing balance
        pengelola dana, maka rugi tersebut mengurangi                      and shall be recognised as a loss by the
        saldo pembiayaan mudharabah dan diakui                             Subsidiary. If part of mudharabah financing is lost
        sebagai kerugian Entitas Anak. Apabila sebagian                    after the commencement of business without
        pembiayaan      mudharabah       hilang    setelah                 negligence or fault of the fund manager, such loss
        dimulainya usaha tanpa adanya kelalaian atau                       is calculated during profit sharing.
        kesalahan pengelola dana, maka rugi tersebut
        diperhitungkan pada saat bagi hasil.

                                                             46
Page 520
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     m. Pinjaman yang diberikan, pembiayaan dan                     m. Loans, sharia financing and receivables
        piutang syariah (lanjutan)                                     (continued)

        Kerugian pembiayaan mudharabah akibat                           Loss on mudharabah financing due to
        kelalaian atau kesalahan pengelola dana                         negligence or error by the fund manager is
        dibebankan pada pengelola dana dan tidak                        charged to the fund manager and not deducted
        mengurangi saldo pembiayaan mudharabah.                         from the balance of mudharabah financing.

        Pembiayaan      musyarakah     adalah   akad                    Musyarakah financing is an agreement
        kerjasama antara dua pihak atau lebih untuk                     between two or more parties for a particular
        suatu usaha tertentu, dimana masing-masing                      business, in which each party contributes funds
        pihak memberikan kontribusi dana dengan                         provided that the profits are divided according
        ketentuan     bahwa      keuntungan    dibagi                   to the agreement, while losses are based on
        berdasarkan kesepakatan, sedangkan kerugian                     the portion of fund contributions. The fund
        berdasarkan porsi kontribusi dana. Dana                         consists of cash or non-cash assets allowed by
        tersebut meliputi kas atau aset non-kas yang                    sharia. Musyarakah financing is stated at
        diperkenankan oleh syariah. Pembiayaan                          outstanding balance, net of allowance for
        musyarakah     dinyatakan    sebesar    saldo                   impairment losses. The Subsidiary provides
        pembiayaan dikurangi dengan cadangan                            allowance for impairment losses based on the
        kerugian penurunan nilai. Entitas Anak                          financing quality as determined by a review of
        menetapkan cadangan kerugian penurunan                          each account.
        nilai sesuai dengan kualitas pembiayaan
        berdasarkan penelaahan atas masing-masing
        saldo pembiayaan.

        Piutang Ijarah adalah penyediaan dana dalam                     Ijarah receivables are the financing on the
        rangka memindahkan hak guna atau manfaat                        availability of fund in relation to transferring the
        dari suatu barang atau jasa berdasarkan                         right to use and benefit of a goods and service
        transaksi    sewa,    tanpa  diikuti    dengan                  based on rental transaction which was not
        pemindahan kepemilikan barang itu sendiri                       followed by transfer of the goods ownership to
        kepada penyewa. Ijarah muntahiyah bittamlik                     the lessee. Ijarah muntahiyah bittamlik is an
        adalah penyediaan dana dalam rangka                             agreement on the availability of fund in relation
        memindahkan hak guna atau manfaat dari                          to transferring the use right and benefit of
        suatu barang atau jasa berdasarkan transaksi                    a goods or service based on rental transaction
        sewa dengan opsi pemindahan kepemilikan                         with an option to transfer the ownership title of
        barang kepada penyewa. Piutang pendapatan                       goods to the lessee. Ijarah receivables are
        ijarah diakui pada saat jatuh tempo sebesar                     recognised at due date at the amount of its
        sewa yang belum diterima dan disajikan                          lease income not yet received and presented at
        sebesar nilai bersih yang dapat direalisasikan,                 its net realisable value, which is the
        yakni sebesar saldo piutang.                                    outstanding balance of the receivables.

        Murabahah adalah akad jual beli barang                          Murabahah is an agreement of sales
        dengan harga jual sebesar beban perolehan                       transaction for goods in which the selling price
        ditambah keuntungan yang disepakati dan                         is determined based on acquisition cost added
        penjual    harus    mengungkapkan     beban                     with mutually agreed margin and the seller
        perolehan barang tersebut kepada pembeli.                       shall disclose the acquisition cost to buyer.

        Piutang murabahah diklasifikasikan sebagai                      Murabahah receivables are classified as
        aset keuangan dalam kategori pinjaman yang                      financial assets under category loan and
        diberikan dan piutang sesuai PSAK 55.                           receivables in accordance with SFAS 55.




                                                          47
Page 521
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     n.   Efek-efek yang dibeli dengan janji dijual                     n.     Securities   purchased  under  resale
          kembali dan efek-efek yang dijual dengan                             agreements and securities sold under
          janji dibeli kembali                                                 repurchase agreements

          Efek-efek yang dibeli dengan janji dijual kembali                    Securities purchased under resale agreements
          merupakan transaksi dimana Bank membeli                              are transactions in which the Bank purchases a
          aset keuangan dan secara simultan masuk ke                           financial asset and simultaneously enters into
          dalam perjanjian untuk menjual kembali aset                          an agreement to resell the asset (or
          (atau aset yang serupa secara substansial)                           substantially similar asset) at a fixed price on a
          dengan harga tetap di masa depan. Aset yang                          future date. The underlying asset is not
          mendasari tidak diakui dalam laporan                                 recognised in the financial statements.
          keuangan. Setelah pengakuan awal, efek-efek                          Subsequent to initial recognition, securities
          yang dibeli dengan janji dijual kembali diukur                       purchased under resale agreements are
          pada biaya perolehan diamortisasi. Selisih                           measured at amortised cost. The difference
          antara harga beli dan harga jual kembali diakui                      between purchase and resale price is
          sebagai     pendapatan       bunga        dengan                     recognised as interest income using the
          menggunakan metode suku bunga efektif.                               effective interest method.

          Efek-efek yang dijual dengan janji dibeli kembali                    Securities sold under repurchase agreements
          merupakan transaksi dimana Bank menjual aset                         are transactions in which the Bank sold a
          keuangan dan secara simultan masuk ke dalam                          financial asset and simultaneously enters into
          perjanjian untuk membeli kembali aset (atau                          an agreement to repurchase the asset (or
          aset yang serupa secara substansial) dengan                          substantially similar asset) at a fixed price on a
          harga tetap di masa depan.                                           future date.

          Efek-efek yang dijual dengan janji untuk dibeli                      Securities sold under repurchase agreements
          kembali disajikan sebagai liabilitas dalam                           are presented as liabilities in the statement of
          laporan posisi keuangan sebesar harga beli                           financial position at the agreed repurchase
          kembali yang disepakati dikurangi selisih antara                     price less the difference between the selling
          harga jual dan harga beli kembali yang                               price and agreed repurchase price. The
          disepakati. Selisih antara harga jual dan harga                      difference between the selling price and agreed
          beli   kembali yang disepakati          tersebut                     repurchase price is amortised as interest
          diamortisasi sebagai beban bunga selama                              expense over the period commencing from the
          jangka waktu sejak efek-efek dijual hingga dibeli                    selling date to the repurchase date.
          kembali.

     o.   Tagihan dan utang akseptasi                                   o.    Acceptance receivables and payables

          Setelah pengakuan awal, tagihan dan utang                           Subsequent to initial recognition, acceptance
          akseptasi diukur pada biaya perolehan                               receivables and payables are measured at
          diamortisasi dengan menggunakan metode                              amortised cost using the effective interest
          suku bunga efektif.                                                 method.

     p.   Penyertaan saham                                              p.    Investment in shares

          (A) Penyertaan saham                                                (A) Investment in shares

              Penyertaan saham merupakan investasi                                  Investment in shares of stock are long-
              jangka panjang pada perusahaan non-                                   term investments in non-public companies.
              publik.




                                                              48
Page 522
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     p.   Penyertaan saham (lanjutan)                                   p.    Investment in shares (continued)

          (A) Penyertaan saham (lanjutan)                                     (A) Investment in shares (continued)

              Penyertaan saham merupakan investasi                                  Investment in shares of stock are long-
              jangka panjang pada perusahaan non-                                   term investments in non-public companies.
              publik.

              Penyertaan dalam bentuk saham dengan                                  Investments in shares of stock where the
              kepemilikan kurang dari 20% yang nilai                                ownership interest of less than 20% that
              wajarnya tidak tersedia dan dimaksudkan                               do not have readily determinable fair
              untuk     penyertaan      jangka    panjang                           values and are intended for long-term
              dinyatakan sebesar estimasi terbaik atas                              investments are stated at their best
              nilai wajarnya. Bila terjadi penurunan nilai                          estimate of fair value. The carrying amount
              yang bersifat permanen, nilai tercatatnya                             of the investments is written-down to
              dikurangi untuk mengakui penurunan                                    recognise a permanent decline in the
              tersebut yang ditentukan untuk setiap                                 value of the individual investments. Any
              investasi secara individu dan kerugiannya                             such write-down is charged directly to
              dibebankan pada laporan laba rugi tahun                               current year statement of profit or loss.
              berjalan.

          (B) Penyertaan saham sementara                                       (B) Temporary investment in shares

              Penyertaan saham sementara merupakan                                  Temporary investment in shares is
              penyertaan modal oleh Bank, dalam bentuk                              investment in shares by Bank to debtor’s
              saham pada perusahaan debitur untuk                                   company to overcome the credit defaults,
              mengatasi   akibat    kegagalan    kredit,                            in accordance with the prevailing laws.
              sebagaimana dimaksud dalam ketentuan
              peraturan   perundang-undangan      yang
              berlaku.

              Bank      wajib   melakukan      divestasi                            Bank is obliged to divest temporary
              penyertaan saham sementara apabila                                    investment in shares if the temporary
              penyertaan saham sementara telah                                      investment in shares have exceeded if
              melebihi jangka waktu paling lama 5 (lima)                            maximum period of 5 (five) years or the
              tahun atau perusahaan tersebut telah                                  company have obtained positive retained
              memperoleh saldo laba positif pada                                    earnings in equity.
              ekuitasnya.

              Penyertaan dalam bentuk saham dengan                                  Investments in shares where the
              kepemilikan lebih dari 20%, tanpa ada                                 ownership above 20%, without any
              pengaruh      signifikan     diklasifikasikan                         significant influence is classified as
              sebagai aset keuangan yang diukur pada                                financial assets at fair value through profit
              nilai wajar melalui laporan laba rugi. Lihat                          or loss. Refer to Note 2d for the
              Catatan 2d untuk kebijakan akuntansi atas                             accounting policy of financial assets at fair
              aset keuangan dalam kelompok yang                                     value through profit or loss.
              diukur pada nilai wajar melalui laporan laba
              rugi.




                                                              49
Page 523
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     q.   Aset tetap dan penyusutan                                       q.    Fixed assets and depreciation

          Pada tanggal 30 November 2015, Bank                                   On November 30, 2015, the Bank changed
          melakukan perubahan kebijakan akuntansi atas                          their accounting policies of fixed assets from
          aset tetap dari model biaya menjadi model                             cost model to revaluation model.
          revaluasi.

          Aset tetap Bank disajikan sebesar nilai wajar,                        The Bank’s fixed assets are shown at fair
          dikurangi akumulasi penyusutan dan cadangan                           value, less subsequent depreciation for fixed
          kerugian penurunan nilai untuk aset tetap (jika                       assets less accumulated impairment losses (if
          ada). Penilaian terhadap aset tetap dilakukan                         any). Valuation of fixed assets are performed
          oleh penilai independen eksternal yang telah                          by external independent valuers with certain
          memiliki sertifikasi. Penilaian atas aset tersebut                    qualification. Valuations are performed with
          dilakukan secara berkala untuk memastikan                             sufficient regularity to ensure that the fair value
          bahwa nilai wajar aset yang direvaluasi tidak                         of a revalued asset does not differ materially
          berbeda secara         material    dengan nilai                       from its carrying amount. Based on Bank’s
          tercatatnya. Berdasarkan kebijakan internal                           internal policy, valuation of fixed assets
          Bank, penilaian terhadap aset tetap yang                              performed by external independent valuers for
          dilakukan oleh penilai independen eksternal                           every 5 years. Any accumulated depreciation at
          dilakukan 5 tahun sekali. Akumulasi penyusutan                        the date of revaluation is eliminated against the
          pada tanggal revaluasi dieliminasi terhadap nilai                     gross carrying amount of the asset, and the net
          tercatat bruto aset, dan nilai bersihnya disajikan                    amount is restated to the revalued amount of
          kembali sebesar nilai revaluasian aset tetap.                         the asset.

          Kenaikan nilai tercatat yang timbul dari                              Increases in the carrying amount arising on
          revaluasi aset tetap dicatat sebagai “Surplus                         revaluation of fixed assets recorded in “Assets
          revaluasi   aset” dan       disajikan sebagai                         revaluation reserve” and presented as “Other
          “Penghasilan Komprehensif Lain”. Penurunan                            Comprehensive Income”. Decreases that offset
          yang menghapus        nilai    kenaikan yang                          previous increases of the same asset are
          sebelumnya atas aset yang sama dibebankan                             debited against “Asset revaluation reserve” as
          terhadap “Surplus revaluasi aset” sebagai                             part of other comprehensive income; all other
          bagian dari laba komprehensif; penurunan                              decreases are charged to the consolidated
          lainnya dibebankan pada laporan laba rugi                             statement of profit or loss.
          konsolidasian.

          Surplus revaluasi aset tetap dialihkan langsung                       Gain on revaluation of fixed assets are
          ke saldo laba ketika aset tersebut dihentikan                         transferred to retained earnings when fixed
          pengakuannya.                                                         assets are derecognised.

          Tanah tidak disusutkan.                                               Land is not depreciated.

          Penyusutan aset tetap selain tanah dihitung                           Depreciation of fixed assets other than land are
          dengan menggunakan metode garis lurus untuk                           calculated based on the straight-line method to
          mengalokasikan nilai setelah revaluasi terhadap                       allocate their revalued amount to their residual
          nilai sisa sepanjang estimasi masa manfaatnya                         values over their estimated useful lives as
          sebagai berikut:                                                      follows:

                                                                            Penyusutan
                                                    Masa manfaat/          (persentase)/
                                                     Useful lives          Depreciation
                                                     Tahun/Years           (percentage)

          Gedung kantor                                    20                      5%                               Office buildings
          Kendaraan bermotor                                4                      25%                                     Vehicles
          Mesin dan peralatan                               4                      25%                   Machinery and equipment
          Perlengkapan dan perabotan kantor                 4                      25%              Office furniture and equipment



                                                                50
Page 524
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     q.   Aset tetap dan penyusutan (lanjutan)                            q.     Fixed assets and depreciation (continued)

          Nilai sisa aset, masa manfaat, dan metode                              The assets residual values, useful lives, and
          penyusutan akan ditinjau dan jika perlu                                depreciation method are reviewed and adjusted
          disesuaikan pada setiap akhir periode                                  if appropriate at the end of each reporting
          pelaporan.                                                             period.

          Pada tanggal 31 Desember 2023 dan 2022,                                As of December 31, 2023 and 2022, there are
          tidak terdapat penyesuaian atas masa manfaat                           no adjustment on useful life and depreciation
          dan metode penyusutan.                                                 method.

          Apabila nilai tercatat aset lebih besar dari nilai                     When the carrying amount of an asset is
          yang dapat diperoleh kembali, nilai tercatat aset                      greater than its estimated recoverable amount,
          diturunkan menjadi sebesar nilai yang dapat                            it is written down immediately to its recoverable
          diperoleh kembali, dengan menggunakan nilai                            amount, which is determined as the higher of
          tertinggi antara harga jual bersih dan nilai pakai.                    net selling price or value in use.

          Apabila aset tetap tidak digunakan lagi atau                           When assets are retired or disposed, their fair
          dijual, maka nilai wajar dan akumulasi                                 value and the related accumulated depreciation
          penyusutannya    dihapuskan    dari  laporan                           are eliminated from the financial statements.
          keuangan. Keuntungan atau kerugian yang                                The resulting gains or losses are recognised as
          terjadi, diakui sebagai laba/rugi periode                              related period’s profit/loss.
          terjadinya.

          Biaya pemeliharaan dan perbaikan dicatat                               Maintenance and repair cost are charged as an
          sebagai   beban      pada     saat    terjadinya.                      expense when incurred. Expenditure that
          Pengeluaran yang memperpanjang masa                                    extends the useful life of assets is capitalised
          manfaat aset dikapitalisasi dan disusutkan.                            and depreciated.

          Aset tetap dalam proses pembangunan                                    Assets under construction consist of assets that
          merupakan aset yang masih dalam proses                                 are still in progress of renovation or installments
          renovasi atau pemasangan dan belum siap                                and not yet ready for use and intended to be
          digunakan,     serta     dimaksudkan       untuk                       used in business activity. This accounts
          dipergunakan dalam kegiatan usaha. Aset ini                            recorded based on amounts paid.
          dicatat sebesar biaya yang telah dikeluarkan.

     r.   Aset tak berwujud                                               r.     Intangible assets

          Aset tak berwujud yang dimiliki oleh Bank                              Intangible assets held by the Bank is software.
          berupa perangkat lunak.

          Perangkat lunak, yang bukan merupakan                                  The software, that is not an integral part of the
          bagian integral dari perangkat keras yang                              related hardware, is recorded as an intangible
          terkait, dicatat sebagai aset tak berwujud dan                         asset and is stated at carrying value, which is at
          dinyatakan sebesar nilai tercatat, yaitu sebesar                       cost less accumulated amortisation.
          harga perolehan dikurangi dengan akumulasi
          amortisasi.

          Biaya perolehan perangkat lunak terdiri dari                           Software acquisition costs consist of all
          seluruh pengeluaran yang dapat dikaitkan                               expenditures attributed directly in the
          langsung dalam persiapan perangkat lunak                               preparation of the software so ready to use in
          tersebut sehingga siap digunakan sesuai                                accordance with the intent of management.
          dengan maksud manajemen.




                                                                51
Page 525
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     r.   Aset tak berwujud (lanjutan)                                r.     Intangible assets (continued)

          Pengeluaran setelah perolehan perangkat lunak                      Expenditures after acquisition software can be
          dapat ditambahkan pada biaya perolehan                             added to the cost of software or capitalised as
          perangkat lunak atau dikapitalisasi sebagai                        software only if the expenses add future
          perangkat lunak hanya jika pengeluaran                             economic benefits of the software so as to be
          tersebut menambah manfaat ekonomis masa                            larger than originally expected performance
          depan dari perangkat lunak yang bersangkutan                       standards. Expenditure that does not add to
          sehingga menjadi lebih besar dari standar                          future economic benefits of the software are
          kinerja yang diperkirakan semula. Pengeluaran                      recognised as an expense when incurred.
          yang tidak menambah manfaat ekonomis masa
          depan dari perangkat lunak diakui sebagai
          beban pada saat terjadinya.

          Perangkat lunak dengan umur manfaat                                Software with certain useful life, are
          terbatas, diamortisasi dengan menggunakan                          amortised using straight-line method over the
          metode garis lurus selama estimasi masa                            estimated useful life of the assets, which is 4
          manfaat ekonomis aset yaitu 4 (empat) tahun.                       (four) years.

     s.   Agunan yang diambil alih                                    s.     Foreclosed assets

          Agunan yang diambil alih (AYDA) adalah aset                        Foreclosed assets represent assets acquired
          yang diperoleh Bank, baik melalui pelelangan                       by Bank, both from auction and non-auction
          maupun      diluar   pelelangan    berdasarkan                     based on voluntary transfer by the debtors or
          penyerahan secara sukarela oleh pemilik                            based on debtor’s approval to sell the
          agunan atau berdasarkan kuasa untuk menjual                        collateral where the debtors could not fulfill
          diluar lelang dari pemilik agunan dalam hal                        their obligations to Bank. Foreclosed assets
          debitur tidak memenuhi kewajibannya kepada                         represent collateral acquired in settlement of
          Bank. AYDA merupakan jaminan yang diambil                          loans, sharia financing and receivables. The
          alih sebagai bagian dari penyelesaian pinjaman                     Bank has policy to sell foreclosed assets to
          yang diberikan, piutang dan pembiayaan                             settle debtor’s liabilities.
          syariah. Bank memiliki kebijakan untuk selalu
          berusaha menjual AYDA untuk menyelesaikan
          sisa kewajiban debitur.

          AYDA diakui sebesar jumlah yang lebih rendah                       Foreclosed assets are recognised at lower
          antara nilai tercatat dengan nilai bersih yang                     amount between carrying value and their net
          dapat direalisasi (net realisable value), yaitu                    realisable value, which is the fair value of the
          nilai wajar agunan setelah dikurangi estimasi                      foreclosed assets less estimated cost of
          biaya pelepasan. Bila terjadi penurunan nilai                      liquidating the foreclosed assets. If there is a
          yang bersifat permanen, maka nilai tercatatnya                     permanent decline in value, the carrying
          dikurangi untuk mengakui penurunan tersebut                        amount of foreclosed collaterals in written
          dan kerugiannya dibebankan dalam laporan                           down to recognise such permanent decline
          laba rugi.                                                         in value. Any such write-down is recognised
                                                                             statement of profit or loss.

          Biaya pemeliharaan atas AYDA yang terjadi                          Holding costs of foreclosed assets
          setelah pengambilalihan atau akuisisi aset                         subsequent to the foreclosure or acquisition
          dibebankan sebagai laba/rugi pada saat                             of the assets are charged as current year
          terjadinya. Keuntungan atau kerugian dari                          profit/loss as incurred. Gains or losses from
          penjualan agunan yang diambil alih diakui                          sale of foreclosed assets are charged as
          sebagai laba/rugi tahun berjalan.                                  current year profit/loss as incurred.




                                                            52
Page 526
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     t.   Biaya dibayar dimuka dan aset lain-lain                      t.     Prepaid expenses and other assets

          Biaya dibayar dimuka merupakan pembayaran                           Prepaid expenses are payments made to other
          kepada pihak lain yang telah dilakukan namun                        parties but have not been recognised as
          belum    merupakan     beban      pada   saat                       expense at the time of payment. Prepaid
          pembayaran dilakukan. Biaya dibayar dimuka                          expenses will be used for Bank’s activities in
          akan digunakan untuk aktivitas Bank di masa                         the future. Prepaid expenses are recognised as
          mendatang. Biaya dibayar dimuka akan diakui                         expenses      during   the   amortisation    in
          sebagai beban pada saat diamortisasi sesuai                         accordance with the expected period of benefit.
          dengan masa manfaatnya.

          Termasuk dalam biaya dibayar dimuka adalah                          Included in prepaid expenses are financing,
          pembiayaan, pengembangan teknologi, promosi                         technology development, promotion and office
          dan beban renovasi gedung.                                          building renovation expense.

          Termasuk di dalam aset lain-lain antara lain                        Included in other assets are amongst others
          adalah uang muka jaminan, uang muka                                 membership deposits, advance for fixed assets
          pembelian   aset,    dan     uang      muka                         purchase,     advance      for     technology
          pengembangan teknologi.                                             development.

     u.   Simpanan nasabah dan simpanan dari bank                      u.     Deposits from customers and deposits from
          lain                                                                other banks

          Simpanan nasabah adalah dana yang                                   Deposits from customers are the funds placed
          dipercayakan oleh masyarakat (selain bank)                          by customers (excluding banks) with Bank
          kepada       Bank     berdasarkan     perjanjian                    based on fund deposit agreements. Included in
          penyimpanan dana. Termasuk dalam pos ini                            this account are demand deposits, saving
          adalah giro, tabungan, deposito berjangka,                          deposits, time deposits, certificates of deposits,
          sertifikat deposito dan bentuk lain yang dapat                      and other forms which are similar.
          dipersamakan dengan itu.

          Simpanan dari bank lain terdiri dari liabilitas                     Deposits from other banks represent liabilities
          terhadap bank lain dalam bentuk giro, interbank                     to banks in the form of demand deposits, inter-
          call money, deposito berjangka, tabungan, dan                       bank call money, time deposits, saving
          deposito on call.                                                   accounts, and deposits on call.

          Simpanan dari nasabah dan dari bank lain                            Deposits from customers and other banks are
          diklasifikasikan sebagai liabilitas keuangan                        classified as financial liabilities measured at
          yang      diukur  dengan     biaya   perolehan                      amortised cost. Refer to Note 2d for the
          diamortisasi. Lihat Catatan 2d untuk kebijakan                      accounting policy for financial liabilities
          akuntansi atas liabilitas keuangan yang diukur                      measured at amortised cost.
          dengan biaya perolehan diamortisasi.




                                                             53
Page 527
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     v.   Efek-efek yang diterbitkan                                      v.       Marketable Securities issued

          Efek-efek yang diterbitkan adalah obligasi yang                          Marketable securities issued is the issuance of
          diterbitkan dan diklasifikasikan sebagai liabilitas                      bond which is classified as financial liabilities
          keuangan yang diukur dengan biaya perolehan                              measured at amortised cost. Refer to Note 2d
          diamortisasi. Lihat Catatan 2d untuk kebijakan                           for the accounting policy for financial liabilities
          akuntansi atau liabilitas keuangan yang diukur                           at amortised cost.
          dengan biaya perolehan diamortisasi.

          Biaya transaksi yang timbul sehubungan                                   Transaction cost in relation with the marketable
          dengan penerbitan efek-efek dikurangkan dari                             securities issued is deducted from the related
          hasil penerbitan efek-efek bersangkutan. Selisih                         marketable securities issued. Any difference
          antara hasil emisi bersih dengan nilai nominal                           between net proceed of bond issuance and
          obligasi diakui sebagai diskonto yang                                    nominal of bond is recognised as discount and
          diamortisasi menggunakan metode suku bunga                               will be amortised using effective interest rate
          efektif selama umur obligasi.                                            during bond’s period.

     w. Pinjaman yang diterima                                            w. Borrowings

          Pada pengukuran awal pinjaman diterima dan                               Borrowings and subordinated loans are initially
          pinjaman subordinasi disajikan sebesar nilai                             presented at fair value less directly attributable
          wajar dikurangi dengan biaya transaksi yang                              transaction costs to the acquisition or issuance
          dapat    diatribusikan   langsung   dengan                               of subordinated loans and bonds.
          perolehan/penerbitan pinjaman dan obligasi
          subordinasi.

          Pinjaman yang diterima dan pinjaman                                      Borrowings and subordinated loans are
          subordinasi diklasifikasikan sebagai liabilitas                          classified as financial liabilities measured at
          keuangan yang diukur dengan biaya perolehan                              amortised cost. Refer to Note 2d for the
          diamortisasi. Lihat Catatan 2d untuk kebijakan                           accounting policy for financial liabilities
          akuntansi atas liabilitas keuangan yang diukur                           measured at amortised cost.
          dengan biaya perolehan diamortisasi.

     x.   Transaksi Sewa                                                  x.       Leases Transaction

          Pada tanggal permulaan kontrak, Bank menilai                             At the inception of a contract, the Bank
          apakah kontrak merupakan atau mengandung                                 assesses whether the contract is or contains a
          sewa. Suatu kontrak merupakan atau                                       leases. A contract is or contains a leases 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 Bank can
          jangka waktu untuk dipertukarkan dengan                                  choose not to recognise the right-of-use asset
          imbalan. Bank dapat memilih untuk tidak                                  and lease liabilities for:
          mengakui aset hak-guna dan liabilitas sewa
          untuk:
          -   Sewa jangka pendek; dan                                              -   Short-term lease; and
          -   Sewa yang aset pendasarnya bernilai-                                 -   Low value asset.
              rendah.

          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, Bank harus menilai apakah:                           Bank shall assess whether:

          -   Bank memiliki hak untuk mendapatkan                              -       The Bank has the right to obtain
              secara     substansial   seluruh  manfaat                                substantially all the economic benefit from
              ekonomi        dari    penggunaan    aset                                use of the asset throughout the period of
              identifikasian; dan                                                      use; and


                                                                54
Page 528
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     x.   Transaksi Sewa (lanjutan)                                     x.       Leases Transaction (continued)

          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, Bank harus menilai apakah:                         Bank shall assess whether: (continued)
          (lanjutan)

          -   Bank memiliki hak untuk mengarahkan                            -      The Bank has the right to direct the use of
              penggunaan aset identifikasian. Bank                                  the asset. The Bank has described when it
              memiliki hak ini ketika Bank memiliki hak                             has a decision-making rights that are the
              untuk pengambilan keputusan yang relevan                              most relevant to changing how and for what
              tentang bagaimana dan untuk tujuan apa                                purpose the asset         is used are
              aset      digunakan      telah     ditentukan                         predetermined:
              sebelumnya:
              1. Bank         memiliki       hak      untuk                         1.   The Bank has the right to operate the
                   mengoperasikan aset; dan                                              asset; and
              2. Bank telah mendesain aset dengan                                   2.   The Bank has designed the asset in
                   cara      menetapkan        sebelumnya                                a way that predetermine how and for
                   bagaimana dan untuk tujuan apa aset                                   what purpose it will be used.
                   akan digunakan selama periode
                   penggunaan.

          Pada tanggal permulaan sewa, Bank mengakui                         The Bank recognises a right-of-use asset and
          aset hak-guna dan liabilitas sewa. Aset hak-                       a leases liability at the leases commencement
          guna diukur pada biaya perolehan, dimana                           date. The right-of-use asset is initially measured
          meliputi jumlah pengukuran awal liabilitas sewa                    at cost, which comprises the initial amount of
          yang disesuaikan dengan pembayaran sewa                            the leases liability adjusted for any leases
          yang dilakukan pada atau sebelum tanggal                           payment made at or before the commencement
          permulaan, ditambah dengan biaya langsung                          date, plus any initial direct cost incurred. The
          awal yang dikeluarkan. Aset hak-guna                               right-of-use asset is amortised over the straight-
          diamortisasi dengan menggunakan metode                             line method throughout the lease term.
          garis lurus sepanjang jangka waktu sewa.

          Liabilitas sewa diukur pada nilai kini                             The lease liability is initially measured at the
          pembayaran sewa yang belum dibayar pada                            present value of the lease payments that are
          tanggal permulaan, didiskontokan dengan                            not paid at the commencement date, discounted
          menggunakan suku bunga implisit dalam sewa                         using the interest rate implicit in the lease or, if
          atau jika suku bunga tersebut tidak dapat                          that right cannot be readily determined, using
          ditentukan, maka menggunakan suku bunga                            incremental borrowing rate. Generally, the Bank
          pinjaman inkremental. Pada umumnya, Bank                           uses its incremental borrowing rate as
          menggunakan      suku       bunga     pinjaman                     a discount rate.
          inkremental sebagai tingkat bunga diskonto.

          Pembayaran sewa dialokasikan menjadi bagian                        Each leases payment is allocated between the
          pokok dan biaya keuangan. Biaya keuangan                           liability and finance cost. The finance cost is
          dibebankan pada laba rugi selama periode                           charged to profit or loss over the leases period
          sewa sehingga menghasilkan tingkat suku                            so as to produce a constant periodic rate of
          bunga periodik yang konstan atas saldo                             interest on the remaining balance of the liability
          liabilitas untuk setiap periode.                                   for each period.




                                                              55
Page 529
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     x.   Transaksi Sewa (lanjutan)                                   x.       Leases Transaction (continued)

          Jika sewa mengalihkan kepemilikan aset                           If the leases transfers ownership of the
          pendasar kepada Bank pada akhir masa sewa                        underlying asset to the Bank by the end of the
          atau jika biaya perolehan aset hak-guna                          leases term or if the cost of the right-of-use
          merefleksikan Bank akan mengeksekusi opsi                        asset reflects that the Bank will exercise
          beli, maka Bank menyusutkan aset hak-guna                        a purchase option, the Bank depreciates the
          dari tanggal permulaan hingga akhir umur                         right-of-use asset from the commencement date
          manfaat aset pendasar. Jika tidak, maka Bank                     to the end of the useful life of the underlying
          menyusutkan aset hak-guna dari tanggal                           asset. Otherwise, the Bank depreciates the
          permulaan hingga tanggal yang lebih awal                         right-of-use asset from the commencement date
          antara akhir umur manfaat aset hak-guna atau                     to the earlier of the end of the useful life of the
          akhir masa sewa.                                                 right-of-use asset or the end of the leases term.

          Bank menganalisa fakta dan keadaan untuk                         The Bank analyses the facts and circumstances
          masing-masing jenis hak atas tanah dalam                         for each type of landrights in determining the
          menentukan akuntansi untuk masing-masing                         accounting for each of these land rights so that
          hak atas tanah tersebut sehingga dapat                           it can accurately represent an underlying
          merepresentasikan dengan tepat suatu kejadian                    economic event or transaction. If the landrights
          atau transaksi ekonomik yang mendasarinya.                       do not transfer control of the underlying assets
          Jika hak atas tanah tersebut tidak mengalihkan                   to the Bank, but gives the rights to use the
          pengendalian atas aset pendasar kepada                           underlying assets, the Bank applies the
          Bank, melainkan mengalihkan hak untuk                            accounting treatment of these transactions as
          menggunakan       aset     pendasar,      Bank                   leases under SFAS 73, “Lease”, except if
          menerapkan perlakuan akuntansi atas transaksi                    landrights substantially similar to land
          tersebut sebagai sewa berdasarkan PSAK 73,                       purchases, the Bank applies SFAS 16,
          “Sewa”, kecuali jika hak atas tanah secara                       “Property, plant and equipment”.
          substansi menyerupai pembelian tanah, maka
          Bank menerapkan PSAK 16, “Aset tetap”.

          Modifikasi sewa                                                  Leases modification

          Bank mencatat modifikasi sewa sebagai sewa                       The Bank account for a leases modification as a
          terpisah jika:                                                   separate leases if both:

          -   modifikasi meningkatkan ruang lingkup sewa                   -     the modification increases the scope of the
              dengan      menambahkan      hak      untuk                        leases by adding the right to use one or
              menggunakan satu aset pendasar atau                                more underlying assets;
              lebih;
          -   imbalan sewa meningkat sebesar jumlah                        -     the consideration for the leases increases by
              yang setara dengan harga tersendiri untuk                          an amount commensurate with the stand-
              peningkatan dalam ruang lingkup dan                                alone price for the increase in scope and
              penyesuaian yang tepat pada harga                                  any appropriate adjustments to that stand-
              tersendiri tersebut untuk merefleksikan                            alone price to reflect the circumstances of
              kondisi kontrak tertentu.                                          the particular contract.

     y.   Pendapatan dan beban bunga dan syariah                      y.       Interest income and expense and sharia
          Konvensional                                                         Conventional

          Pendapatan dan beban bunga untuk semua                               Interest income and expense for all interest
          instrumen keuangan dengan interest bearing                           bearing financial instruments are recorded
          dicatat dalam pendapatan bunga dan beban                             within interest income and interest expense
          bunga menggunakan metode suku bunga                                  using the effective interest rate method.
          efektif.




                                                            56
Page 530
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     y.   Pendapatan dan beban bunga dan syariah                         y.    Interest income and expense and sharia
          (lanjutan)                                                           (continued)

          Konvensional (lanjutan)                                              Conventional (continued)

          Metode suku bunga efektif adalah metode yang                         The effective interest rate method is a method
          digunakan untuk menghitung biaya perolehan                           of calculating the amortised cost of a financial
          diamortisasi dari aset keuangan atau liabilitas                      asset or a financial liability and method of
          keuangan dan metode untuk mengalokasikan                             allocating the interest income or interest
          pendapatan bunga atau beban bunga selama                             expense over the relevant period.
          periode yang relevan.
          Suku bunga efektif adalah suku bunga yang                            The effective interest rate is the rate that
          secara       tepat     mendiskontokan    estimasi                    exactly discounts estimated future cash
          pembayaran atau penerimaan kas di masa                               payments or receipts through the expected life
          datang selama perkiraan umur dari instrumen                          of the financial instrument or, when
          keuangan, atau bilamana tepat, digunakan                             appropriate, a shorter period to the net carrying
          periode yang lebih singkat untuk memperoleh                          amount of the financial asset or financial
          nilai tercatat bersih dari aset keuangan atau                        liability. When calculating the effective interest
          liabilitas keuangan. Pada saat menghitung suku                       rate, Bank estimates cash flows considering all
          bunga efektif, Bank mengestimasi arus kas                            contractual terms of the financial instrument,
          dengan          mempertimbangkan          seluruh                    but does not consider future credit losses. The
          persyaratan kontraktual dalam instrumen                              calculation includes all fees, commissions, and
          keuangan           tersebut,    namun        tidak                   other fees paid or received between parties to
          mempertimbangkan kerugian kredit di masa                             the contract that are an integral part of the
          datang. Perhitungan ini mencakup seluruh                             effective interest rate, transaction costs, and all
          komisi, provisi, dan bentuk lain yang dibayarkan                     other premiums or discounts.
          atau diterima oleh para pihak dalam kontrak
          yang merupakan bagian tak terpisahkan dari
          suku bunga efektif, biaya transaksi, dan seluruh
          premi atau diskon lainnya.
          Jika aset keuangan atau kelompok aset                                Once a financial asset or a bank of similar
          keuangan serupa telah diturunkan nilainya                            financial assets has been written down as
          sebagai akibat kerugian penurunan nilai, maka                        a result of an impairment loss, interest income
          pendapatan bunga yang diperoleh setelahnya                           is recognised on the unimpaired portion using
          diakui atas bagian aset keuangan yang tidak                          the rate of interest used to discount the future
          mengalami penurunan nilai, berdasarkan suku                          cash flows for the purpose of measuring the
          bunga yang digunakan untuk mendiskonto arus                          impairment loss.
          kas masa datang dalam menghitung kerugian
          penurunan nilai.

          Pendapatan bunga atas pinjaman yang                                  Interest income on loans or other earning
          diberikan atau aset produktif lainnya yang                           assets classified as non-performing is
          diklasifikasikan sebagai bermasalah diakui pada                      recognised at the time the interest is received.
          saat pendapatan tersebut diterima. Pada saat                         When a financial asset is classified as non-
          aset      keuangan    diklasifikasikan  sebagai                      performing, any interest income previously
          bermasalah, bunga yang telah diakui tetapi                           recognised but not yet collected is reversed
          belum ditagih akan dibatalkan pengakuannya.                          against interest income. The reversed interest
          Selanjutnya bunga yang dibatalkan tersebut                           income is recognised as a contingent
          diakui sebagai tagihan kontinjensi.                                  receivable.

          Pendapatan dan beban syariah                                         Sharia income and expense
          Pendapatan pengelolaan dana oleh Entitas                             Revenue from fund management by Subsidiary
          Anak sebagai mudharib terdiri atas pendapatan                        as mudharib consists of income from sales and
          dari jual dan beli transaksi murabahah,                              purchases of murabahah transactions, profit
          pendapatan bagi hasil dari mudharabah dan                            sharing from mudharabah and musyarakah
          musyarakah, pendapatan dari sewa (ijarah) dan                        financing, income from lease (ijarah) and other
          pendapatan usaha utama lainnya.                                      main operating income.
                                                               57
Page 531
                                                                             The original financial statements included herein are in
                                                                                                               Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     y.   Pendapatan dan beban bunga dan syariah                        y.    Interest income and expense and sharia
          (lanjutan)                                                          (continued)

          Pendapatan dan beban syariah (lanjutan)                             Sharia income and expense (continued)

          Entitas Anak menetapkan kebijakan tingkat                           The Subsidiary prescribes the risk rate policies
          risiko berdasarkan ketentuan internal. Entitas                      based on the internal regulation. The
          Anak melakukan penghentian amortisasi                               Subsidiary leases the amortisation of deferred
          pendapatan      ditangguhkan     pada    saat                       income at the time its financing is classified as
          pembiayaan diklasifikasikan sebagai non-                            non-performing. The Subsidiary’s income from
          performing. Pendapatan Entitas Anak dari                            business transactions that are classified as
          transaksi usaha yang diklasifikasikan sebagai                       non-performing is recorded as revenue to be
          non-performing dicatat sebagai pendapatan                           received in the statement of commitments and
          yang akan diterima pada laporan komitmen dan                        contingencies.
          kontinjensi.

          Pendapatan ijarah diakui selama masa akad                           Income from ijarah is recognised over the
          menggunakan metode flat (proporsional).                             period of the contract with flat (proportional)
                                                                              method.

          Pendapatan bagi hasil musyarakah yang                               Profit sharing income for passive partner in
          menjadi hak mitra pasif diakui dalam periode                        musyarakah is recognised in the period when
          terjadinya hak bagi hasil sesuai nisbah yang                        the right arises in accordance with nisbah
          disepakati.                                                         (the agreed sharing ratio).

          Pendapatan bagi hasil mudharabah diakui                             Profit sharing income from mudharabah is
          dalam periode terjadinya hak bagi hasil sesuai                      recognised in the period when the right arises
          nisbah yang disepakati dan tidak diperkenankan                      in accordance with the agreed sharing ratio
          mengakui pendapatan dari proyeksi hasil                             and the recognition based on projection of
          usaha.                                                              income is not allowed.

          Pengakuan    pendapatan      atas     piutang                       The revenue recognition of murabahah
          murabahah diakui pada laba rugi dengan                              receivables are recognised in profit or loss
          menggunakan metode tingkat imbal hasil efektif.                     using the effective rate of return method.

          Tingkat imbal hasil efektif merupakan metode                        Effective rate of return is an allocation method
          alokasi pengakuan pendapatan dan merupakan                          of revenue recognition and the rate that exactly
          tingkat imbal hasil yang secara tepat                               discounts the estimated future cash receipts
          mendiskontokan estimasi penerimaan kas di                           through the expected life of the murabahah
          masa depan selama perkiraan umur dari                               receivable to obtain the carrying amount of
          piutang murabahah untuk memperoleh biaya                            a murabahah receivable. When calculating the
          perolehan diamortisasi dari piutang murabahah.                      effective rate of return, the Subsidiary
          Pada saat menghitung tingkat imbal hasil                            estimates future cash flows by considering all
          efektif, Entitas Anak mengestimasi arus kas di                      contractual terms of the murabahah receivable,
          masa datang dengan mempertimbangkan                                 but does not consider the loss of receivables in
          seluruh persyaratan kontraktual dalam piutang                       the future. This calculation includes all
          murabahah          tersebut,     tetapi     tidak                   commissions, fees, and other forms received
          mempertimbangkan kerugian piutang di masa                           by the parties in a contract that are an integral
          mendatang. Perhitungan ini mencakup seluruh                         part of the effective rate of return, transaction
          komisi, provisi, dan bentuk lain yang diterima                      costs, and all other premiums or discounts.
          oleh para pihak dalam akad yang merupakan
          bagian tidak terpisahkan dari tingkat imbal hasil
          efektif, biaya transaksi, dan seluruh premi atau
          diskon lainnya.




                                                              58
Page 532
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     y.   Pendapatan dan beban bunga dan syariah                     y.    Interest income and expense and sharia
          (lanjutan)                                                       (continued)

          Pendapatan dan beban syariah (lanjutan)                          Sharia income and expense (continued)

          Hak nasabah atas bagi hasil dana syirkah                         Third parties’s share on returns of temporary
          temporer merupakan bagian bagi hasil milik                       syirkah funds represents customer’s share on
          nasabah yang didasarkan pada prinsip                             the Subsidiary’s income derived from the
          mudharabah atas hasil pengelolaan dana                           management of their funds by the Subsidiary
          mereka oleh Entitas Anak. Pendapatan yang                        under mudharabah principles. Income that will
          dibagikan adalah kas yang telah diterima (cash                   be distributed is the cash received (cash basis)
          basis) dari bagi hasil.                                          from the share.

          Pembagian hasil usaha dilakukan berdasarkan                      The distribution of revenue is based on profit
          prinsip bagi hasil usaha yaitu dari laba kotor                   sharing scheme on the Subsidiary’s gross
          Entitas Anak (gross profit margin).                              profit margin.

          Pendapatan marjin dan bagi hasil atas                            Margin income and profit sharing on financing
          pembiayaan yang diberikan dan atas aset                          facilities and other earning assets are
          produktif lainnya akan dibagikan kepada                          distributed to fund owners and the Subsidiary
          nasabah penyimpan dana dan Entitas Anak                          based on proportion of fund used in the
          sesuai dengan proporsi dana yang dipakai                         financing and other earning assets. Margin
          dalam pembiayaan yang diberikan dan aset                         income and profit sharing income allocated to
          produktif lainnya. Pendapatan marjin dan bagi                    the fund owners are then distributed to fund
          hasil yang tersedia untuk nasabah tersebut                       owners as shahibul maal and the Subsidiary as
          kemudian dibagihasilkan ke nasabah penabung                      mudharib based on a predetermined ratio
          dan deposan sebagai shahibul maal dan Entitas                    (nisbah). Margin income and profit sharing
          Anak sebagai mudharib sesuai porsi nisbah                        from financing facilities and other earning
          bagi hasil yang telah disepakati bersama                         assets using the Subsidiary's funds, are
          sebelumnya. Pendapatan marjin dan bagi hasil                     entirely shared for the Subsidiary, including
          dari pembiayaan dan aset produktif lainnya                       income from the Subsidiary's fee-based
          yang memakai dana Entitas Anak, seluruhnya                       transactions.
          menjadi     milik   Entitas Anak,    termasuk
          pendapatan dari investasi bank berbasis
          imbalan.

     z.   Pendapatan provisi dan komisi                              z.    Fees and commissions income

          Provisi dan komisi yang berkaitan langsung                       Fees and commissions income directly related
          dengan kegiatan pemberian pinjaman diakui                        to lending activities, are recognised as
          sebagai    bagian/(pengurang)   dari   biaya                     a part/(deduction) of lending cost and will be
          perolehan pinjaman dan akan diakui sebagai                       recognised as interest income by amortising
          pendapatan bunga dengan cara diamortisasi                        the carrying value of loan with effective interest
          berdasarkan metode suku bunga efektif.                           rate method.

          Pendapatan provisi dan komisi yang tidak                         Fees and commissions income which are not
          berkaitan dengan kegiatan pemberian pinjaman                     related to lending activities on a specific period
          atas suatu jangka waktu diakui sebagai                           are recognised as income incurred at the
          pendapatan pada saat terjadinya transaksi                        transaction date as other operating income.
          sebagai pendapatan operasional lainnya.




                                                           59
Page 533
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     aa. Pendapatan dan beban operasional lainnya                     aa. Other operating income and expenses

        Beban tenaga kerja                                                Personnel expenses

        Beban tenaga kerja meliputi beban berupa gaji                     Personnel expenses include expenses related
        karyawan, bonus, lembur dan tunjangan.                            with salaries for employees, bonuses, overtime
                                                                          and allowances.

         Beban umum dan administrasi                                      General and administrative expenses

         Beban umum dan administrasi merupakan                            General    and    administrative    expenses
         beban yang timbul sehubungan dengan                              represent expenses related to office activities
         aktivitas kantor dan operasional Bank.                           and Bank operational activities.

         Seluruh pendapatan dan beban yang terjadi                        All of these income and expenses are recorded
         dibebankan sebagai laba/rugi pada saat                           as profit/loss when incurred.
         terjadinya.

     ab. Perpajakan                                                   ab. Taxation

        Beban pajak terdiri dari pajak kini dan pajak                     The tax expense comprises of current and
        tangguhan. Pajak diakui dalam laporan laba                        deferred tax. Tax is recognised in the profit or
        rugi, kecuali jika pajak tersebut terkait dengan                  loss, except to the extent that it relates to items
        transaksi atau kejadian yang langsung diakui di                   recognised directly in other comprehensive
        pendapatan komprehensif lain atau langsung                        income or in equity. In this case, the tax is also
        diakui ke ekuitas. Dalam hal ini, pajak tersebut                  recognised in other comprehensive income or
        masing-masing diakui dalam pendapatan                             in equity, respectively.
        komprehensif lain atau ekuitas.

        Manajemen secara periodik mengevaluasi                            Management periodically evaluates positions
        posisi yang dilaporkan di Surat Pemberitahuan                     takes in tax return with respect to situations in
        Tahunan (“SPT”) sehubungan dengan situasi                         which applicable tax regulation is subject to
        dimana      aturan     pajak     yang    berbeda                  interpretation. It establishes provision where
        membutuhkan        interpretasi.    Jika   perlu,                 appropriate, on the basis of amounts expected
        manajemen menentukan provisi berdasarkan                          to be paid to the tax authorities.
        jumlah yang diharapkan akan dibayar kepada
        otoritas pajak.

        Pajak penghasilan tangguhan disajikan dengan                      Deferred income tax is provided using the
        menggunakan       metode    liabilitas.  Pajak                    liability method. Deferred income tax on
        penghasilan tangguhan timbul akibat perbedaan                     temporary differences arising between the tax
        temporer antara aset dan liabilitas menurut                       base of assets and liabilities and their carrying
        ketentuan-ketentuan pajak dengan nilai tercatat                   amounts in the financial statements. Currently
        aset dan liabilitas dalam laporan keuangan.                       enacted or substantially enacted tax rates are
        Tarif pajak yang berlaku atau yang secara                         used in the determination of deferred income
        substansial telah berlaku digunakan dalam                         tax.
        menentukan       besarnya     jumlah     pajak
        penghasilan tangguhan.




                                                            60
Page 534
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     ab. Perpajakan (lanjutan)                                       ab. Taxation (continued)

         Aset pajak tangguhan diakui apabila terdapat                    Deferred tax assets are recognised to the
         kemungkinan besar bahwa jumlah laba fiskal di                   extent that it is probable that future taxable
         masa mendatang akan memadai untuk                               profit will be available against which the
         mengkompensasi perbedaan temporer yang                          temporary differences can be utilised. Deferred
         menimbulkan aset pajak tangguhan tersebut.                      Income tax assets and liabilities are offset
         Aset dan liabilitas pajak penghasilan tangguhan                 when there is a legally enforceable right to
         dapat saling hapus apabila terdapat hak yang                    offset current tax assets against current tax
         berkekuatan hukum untuk melakukan saling                        liabilities and when deferred income taxes
         hapus antara aset pajak kini dengan liabilitas                  assets and liabilities relate to income taxes
         pajak kini dan apabila aset dan pajak                           levied by the same taxation authority where tax
         penghasilan tangguhan dikenakan oleh otoritas                   is an intention to settle the balance on a net
         perpajakan yang sama dan adanya niat untuk                      basis.
         melakukan penyelesaian saldo secara bersih.

         Taksiran pajak penghasilan Bank dihitung untuk                  The estimated corporate income tax of Bank is
         masing-masing perusahaan sebagai badan                          calculated for each company as a separate
         hukum terpisah. Aset pajak kini dan liabilitas                  legal entity. Current tax assets and current tax
         pajak kini untuk badan hukum yang berbeda                       liabilities for different legal entities cannot be
         tidak   disalinghapuskan     dalam     laporan                  net-off in the financial statements.
         keuangan.

     ac. Imbalan kerja                                               ac. Employee benefits

         Imbalan kerja jangka pendek                                     Short term employee benefits

         Imbalan kerja jangka pendek diakui pada saat                    Short term employee benefits are recognised
         terutang kepada karyawan.                                       when they are accrued to the employees.

         Liabilitas imbalan kerja karyawan                               Employee benefits obligation

         Bank memiliki program pensiun sesuai dengan                     The Bank have pension scheme in accordance
         peraturan dan perundang-undangan yang                           with prevailing labor-related laws and
         berhubungan dengan ketenagakerjaan atau                         regulations of Bank’s policies. The scheme is
         kebijakan yang ditetapkan oleh Bank. Program                    generally funded through payments to trustee-
         ini pada umumnya didanai melalui pembayaran                     administered funds as determined by periodic
         kepada pengelola dana pensiun yang besarnya                     actuarial calculations.
         ditentukan dalam perhitungan aktuarial yang
         dilakukan secara berkala.

         Bank harus menyediakan program pensiun                          The Bank are required to provide a minimum
         dengan jumlah minimal tertentu sesuai dengan                    amount of pension benefits in accordance with
         UU Cipta Kerja No. 11/2020 (2020: Undang-                       Job Creation Law Art No.11/2020 (2020: Labor
         Undang (UU) Ketenagakerjaan No. 13/2003).                       Law No. 13/2003). Since the Labor Law sets
         Karena     Undang-Undang       Ketenagakerjaan                  the formula for determining the minimum
         menentukan rumus tertentu untuk menghitung                      amount of benefits, in substance pension plans
         jumlah minimal imbalan pensiun, maka pada                       under the Labor Law represent defined benefit
         dasarnya program pensiun berdasarkan                            plans. A defined benefit plan is a pension plan
         Undang-Undang         Ketenagakerjaan adalah                    that defines an amount of pension benefit to be
         program manfaat pasti. Program pensiun                          provided, usually as a function of one or more
         manfaat pasti adalah program pensiun yang                       factors such as age, years of service or total
         menentukan jumlah imbalan pensiun yang akan                     compensation.
         diberikan, biasanya didasarkan pada satu faktor
         atau lebih seperti usia, masa kerja atau jumlah
         kompensasi.



                                                           61
Page 535
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     ac. Imbalan kerja (lanjutan)                                     ac. Employee benefits (continued)

         Liabilitas imbalan kerja karyawan (lanjutan)                     Employee benefits obligation (continued)

         Liabilitas diakui pada laporan posisi keuangan                   The liability recognised in the statement of
         sebesar nilai kini kewajiban imbalan pasti pada                  financial position is the present value of the
         akhir periode pelaporan dikurangi nilai wajar                    defined benefit obligation at the end of the
         aset program. Kewajiban imbalan pasti dihitung                   reporting period less the fair value of plan
         setiap tahun oleh aktuaris yang independen                       assets. The defined benefit obligation is
         dengan menggunakan metode projected unit                         calculated annually by independent actuaries
         credit. Nilai kini kewajiban imbalan pasti                       using the projected unit credit method. The
         ditentukan dengan mendiskontokan arus kas                        present value of the defined benefit obligation
         keluar yang diestimasi dengan menggunakan                        is determined by discounting the estimated
         tingkat bunga Obligasi Pemerintah (dikarenakan                   future cash outflows using interest rates of
         saat ini tidak ada pasar aktif untuk obligasi                    Government Bonds (considering currently
         perusahaan yang berkualitas tinggi) yang                         there is no active market for high-quality
         didenominasikan dalam Rupiah dimana imbalan                      corporate bonds) that are denominated in
         akan dibayarkan dan memiliki jangka waktu                        Rupiah in which the benefits will be paid, and
         jatuh tempo mendekati jangka waktu kewajiban                     that have terms to maturity approximating to
         pensiun.                                                         the terms of the related pension obligation.

         Keuntungan dan kerugian aktuarial yang timbul                    Actuarial gains and losses arising from
         dari penyesuaian dan perubahan dalam                             experience     adjustments    and    changes
         asumsi-asumsi aktuarial langsung diakui                          inactuarial assumptions charged or credited to
         seluruhnya melalui pendapatan komprehensif                       equity in other comprehensive income in the
         lainnya pada saat terjadinya.                                    period in which they arise.

         Biaya jasa lalu diakui segera dalam laporan                      Past-service costs are recognised immediately
         laba rugi. Keuntungan dan kerugian dari                          in the statements of profit or loss. Gains or
         kurtailmen atau penyelesaian program manfaat                     losses on the curtailment or settlement of
         pasti diakui di laba rugi ketika kurtailmen atau                 a defined benefit plan are recognised in the
         penyelesaian tersebut terjadi.                                   statement of profit or loss when the curtailment
                                                                          or settlement occurs.

         Pesangon pemutusan kontrak terhutang ketika                      Termination benefits are payable whenever an
         karyawan diberhentikan sebelum usia pensiun                      employee’s employment is terminated before
         normal.                                                          the normal retirement age.

         Bank mengakui pesangon pemutusan kontrak                         The Bank recognise termination benefits when
         kerja ketika Bank menunjukkan komitmennya                        it is demonstrably committed to terminate the
         untuk memutuskan hubungan kerja dengan                           employment of current employees according to
         karyawan berdasarkan suatu rencana formal                        a detailed formal plan which has small
         terperinci yang kecil kemungkinannya untuk                       probability to withdraw. Benefits, due more
         dibatalkan. Pesangon yang akan dibayarkan                        than 12 (twelve) months after statement of
         dalam waktu lebih dari 12 (dua belas) bulan                      financial position’s date are discounted to
         setelah tanggal laporan posisi keuangan                          present value.
         didiskontokan untuk mencerminkan nilai kini.




                                                            62
Page 536
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     ac. Imbalan kerja (lanjutan)                                     ac. Employee benefits (continued)

         Perubahan Kebijakan Akuntansi                                    Changes in Accounting Policy

         Pada bulan April 2022, Dewan Standar                             In April 2022, the Institute of Indonesia
         Akuntansi Keuangan Ikatan Akuntan Indonesia                      Chartered Accountant’s Accounting Standard
         (“DSAK IAI”) menerbitkan siaran pers atas                        Board (“DSAK IAI”) issued a press release
         persyaratan pengatribusian imbalan pada                          regarding attribution of benefits to periods of
         periode jasa sesuai PSAK 24: Imbalan Kerja                       service in accordance with FSAS 24: Imbalan
         yang diadopsi dari IAS 19 Employee Benefits.                     Kerja which was adopted from IAS 19
         Siaran pers tersebut menyampaikan informasi                      Employee Benefits. The press release
         bahwa pola fakta umum dari program pensiun                       conveyed the information that the fact pattern
         berbasis Undang-Undang Ketenagakerjaan                           of the pension program based on the Labor
         yang berlaku di Indonesia saat ini memiliki pola                 Law currently enacted in Indonesia is similar to
         fakta serupa dengan yang ditanggapi dan                          those responded and concluded in the IFRS
         disimpulkan      dalam    IFRS     Intepretation                 Interpretation Committee (“IFRIC”) Agenda
         Committee      (“IFRIC”)    Agenda     Decision                  Decision Attributing Benefit to Periods of
         Attributing Benefit to Periods of Service (IAS                   Service (IAS 19). The Company has adopted
         19). Kelompok Usaha telah menerapkan siaran                      the said press release and accordingly
         pers tersebut dan dengan demikian merubah                        changed its accounting policy regarding
         kebijakan akuntansi terkait atribusi imbalan                     attribution of benefits to periods of service
         kerja pada periode jasa dari kebijakan yang                      previously applied.
         diterapkan sebelumnya.

         Pada      tahun-tahun     sebelumnya,    Bank                    In prior years, the Bank attribute benefits under
         mengatribusikan imbalan berdasarkan formula                      the defined benefit plan’s benefit formula to
         imbalan program imbalan pasti berdasarkan                        periods of service from the date when
         masa kerja sejak tanggal pekerja memberikan                      employees provide their services until
         jasa hingga usia pensiun. Bank telah mengubah                    theirretirement age. The Bank change the
         kebijakan akuntansinya untuk mengatribusikan                     policy for attributing benefits under the plan to
         imbalan berdasarkan program tersebut, yaitu                      the date when employee service first leads to
         dari tanggal ketika jasa pekerja pertama kali                    benefits under the plan until the date when
         menghasilkan imbalan dalam program sampai                        further employee service will lead to no
         dengan tanggal ketika jasa pekerja selanjutnya                   material amount of further benefits under the
         tidak akan menghasilkan jumlah imbalan yang                      plan.
         material di bawah program tersebut.

     ad. Laba per saham                                               ad. Earnings per share

         Laba per saham dasar dihitung dengan                             Basic earnings per share is computed by
         membagi laba bersih dengan rata-rata                             dividing net income with the weighted average
         tertimbang jumlah saham biasa yang beredar                       number of common shares outstanding during
         pada periode yang bersangkutan.                                  the period.

         Laba per saham dilusian dihitung dengan                          Diluted earnings per share is calculated by
         membagi laba bersih dengan rata-rata                             dividing net income by the weighted average
         tertimbang jumlah saham yang beredar                             number of shares outstanding plus the
         ditambah dengan rata-rata tertimbang jumlah                      weighted average         number       of  shares
         saham yang akan diterbitkan atas konversi efek                   outstanding which would be issued on the
         yang berpotensi saham yang bersifat dilutif.                     conversion of the dilutive potential shares.




                                                            63
Page 537
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)

     ae. Penjabaran mata uang asing                                 ae. Foreign currency translation

        Laporan keuangan disajikan dalam mata uang                         The financial statements are presented in
        Rupiah, yang merupakan mata uang fungsional                        Rupiah, which is the functional and
        dan penyajian Bank. Transaksi dalam mata                           presentation     currency     of  the    Bank.
        uang asing dijabarkan ke mata uang Rupiah                          Transactions denominated in a foreign
        dengan menggunakan kurs yang berlaku pada                          currency are converted into Rupiah at the
        tanggal transaksi tersebut. Pada setiap tanggal                    exchange rate prevailing at the date of the
        pelaporan, aset dan liabilitas moneter dalam                       transaction. As at each reporting date,
        mata uang asing dijabarkan ke mata uang                            monetary assets and liabilities in foreign
        Rupiah dengan kurs penutupan Bank Indonesia                        currencies are translated into Rupiah using the
        pada pukul 16:00 Waktu Indonesia Barat yang                        Bank Indonesia closing exchange rate at 16:00
        berlaku pada tanggal pelaporan.                                    Western Indonesian Time prevailing at
                                                                           reporting date.

        Keuntungan dan kerugian selisih kurs yang                          Exchange gains and losses arising on
        timbul dari transaksi dalam mata uang asing                        transactions in foreign currencies and on the
        dan penjabaran aset dan kewajiban moneter                          translation of foreign currency monetary assets
        dalam mata uang asing, diakui dalam laporan                        and liabilities are recognised in the statement
        laba rugi.                                                         of profit or loss.

        Berikut ini adalah kurs mata uang asing utama                      Below are the major exchange rates used as of
        yang     digunakan      pada    tanggal-tanggal                    December 31, 2023 and 2022 using the
        31 Desember 2023 dan 2022 yang                                     Reuter’s middle rates at 16:00 Western
        menggunakan kurs tengah Reuters pukul 16:00                        Indonesian Time (full amount):
        Waktu Indonesia Barat (nilai penuh):

                                              31 Desember/December 31,

                                               2023                 2022

        Poundsterling Inggris                      19.627                  18.786                  Great Britain Poundsterling
        Franc Swiss                                18.299                  16.827                                 Swiss Franc
        Euro Eropa                                 17.038                  16.582                              European Euro
        Dolar Amerika Serikat                      15.397                  15.568                         United States Dollar
        Dolar Singapura                            11.676                  11.593                             Singapore Dollar
        Dolar Kanada                               11.630                  11.486                             Canadian Dollar
        Dolar Australia                            10.521                  10.558                             Australian Dollar
        Dolar New Zealand                           9.766                   9.851                         New Zealand Dollar
        Riyal Arab                                  4.106                   4.139                                  Saudi Riyal
        Ringgit Malaysia                            3.355                   3.534                           Malaysian Ringgit
        Yuan China                                  2.170                   2.239                                Chinese Yuan
        Dolar Hongkong                              1.971                   1.997                             Hongkong Dollar
        Dolar Taiwan                                  504                     506                          New Taiwan Dollar
        Baht Thailand                                 450                     451                                Thailand Baht
        Yen Jepang                                    109                     118                               Japanese Yen
        Won Korea                                      12                      12                                 Korean Won




                                                          64
Page 538
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     af. Transaksi dengan pihak berelasi                                   af. Transactions with related parties

        Bank melakukan transaksi dengan pihak                                  The Bank has transactions with related parties.
        berelasi. Sesuai dengan PSAK 7 tentang                                 In accordance with SFAS 7 regarding “Related
        “Pengungkapan Pihak-pihak yang Berelasi”,                              Party Disclosure”, the meaning of a related
        yang dimaksud dengan pihak yang berelasi                               party is a person or entity that is related to
        adalah orang atau entitas yang berelasi dengan                         a reporting entity as follow:
        entitas pelapor sebagai berikut:

        a.    Orang atau anggota keluarga terdekatnya                          a.    A person or a close member of that
              berelasi dengan entitas pelapor jika orang                             person’s family is related to a reporting
              tersebut:                                                              entity if:
              i. memiliki         pengendalian         atau                          i. has control or joint control over the
                   pengendalian      bersama      terhadap                              reporting entity;
                   entitas pelapor;
              ii. memiliki pengaruh signifikan terhadap                              ii. has significant influence over the
                   entitas pelapor; atau                                                  reporting entity; or
              iii. personal manajemen kunci entitas                                  iii. is member of the key management
                   pelapor atau entitas induk pelapor.                                    personnel of the reporting entity or
                                                                                          a parent of the reporting entity.

         b.   Suatu entitas berelasi dengan entitas                            b.    An entity is related to a reporting entity if
              pelapor jika memenuhi hal-hal sebagai                                  any of the following conditions applies:
              berikut:
              i. entitas dan entitas pelapor adalah                                   i. the entity and the reporting entity are
                    anggota dari kelompok usaha yang                                      member of the same the company
                    sama (artinya entitas induk, entitas                                  (which means that each parent,
                    anak, dan entitas anak berikutnya                                     subsidiary, and fellow subsidiary is
                    terkait dengan entitas lain);                                         related to the others);
              ii. suatu entitas adalah entitas asosiasi                             ii. one entity is an associate or joint
                    atau ventura bersama bagi entitas lain                               venture of the other entity (or an
                    (atau entitas asosiasi atau ventura                                  associate or joint venture of member of
                    bersama yang merupakan anggota                                       a company of which the other entity is
                    suatu kelompok usaha, di mana entitas                                a member);
                    lain tersebut adalah anggotanya);
              iii. kedua entitas tersebut adalah ventura                            iii. both entities are joint ventures of the
                    bersama dari pihak ketiga yang sama;                                 same third party;
              iv. suatu entitas adalah ventura bersama                              iv. 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;
              v. entitas tersebut adalah suatu program                              v. the entity is a post-employment benefit
                    imbalan pasca kerja untuk imbalan                                  plan for the benefit of employees of
                    kerja dari suatu entitas pelapor atau                              either the reporting entity or an entity
                    entitas yang terkait dengan entitas                                related to the reporting entity;
                    pelapor;
              vi. entitas       yang     dikendalikan     atau                      vi. the entity controlled or jointly controlled
                    dikendalikan bersama oleh orang yang                                by a person identified in (a); or
                    diidentifikasi dalam butir (a); atau
              vii. orang yang diidentifikasi, dalam butir                           vii. a person identified in (a) (i) has
                   (a) (i) memiliki pengaruh signifikan                                  significant influence over the entity or is
                   terhadap       entitas    atau      anggota                           a member of the key management
                   manajemen kunci entitas (atau entitas                                 personnel of the entity (or of a parent of
                   induk dari entitas).                                                  the entity).




                                                                 65
Page 539
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY     OF  MATERIAL      ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     ag. Pelaporan segmen                                            ag. Segment reporting

         Sebuah segmen operasi adalah suatu                              An operating segment is a component of entity
         komponen dari entitas:                                          which:
         a. yang terlibat dalam aktivitas bisnis yang                    a. involves with business activities to
            memperoleh pendapatan dan menimbulkan                            generate income and expenses (include
            beban (termasuk pendapatan dan beban                             income and expenses relating to the
            yang terkait dengan transaksi dengan                             transactions with other components with
            komponen lain dari entitas yang sama);                           the same entity);
         b. hasil operasinya dikaji ulang secara reguler                 b. operations result is observed regularly by
            oleh kepala operasional untuk membuat                            chief decision maker to make decisions
            keputusan tentang sumber daya yang                               regarding the allocation of resources and
            dialokasikan pada segmen tersebut dan                            to evaluate the works; and
            menilai kinerjanya; dan
         c. tersedia informasi keuangan yang dapat                       c.   separated        financial     information      is
            dipisahkan.                                                       available.

         Bank menyajikan segmen operasi berdasarkan                      Bank presents operating segments based on
         informasi yang disiapkan secara internal untuk                  the information that internally is provided to the
         pengambil keputusan operasional. Berdasarkan                    chief operating decision maker. Under SFAS 5,
         PSAK 5, sebuah segmen usaha adalah                              a business segment is a bank of assets and
         sekelompok       aset    dan    operasi   yang                  operations engaged in providing products or
         menyediakan barang atau jasa yang memiliki                      services that are subject to risks and returns
         risiko serta tingkat pengembalian yang berbeda                  that are difference from those of other business
         dengan segmen usaha lainnya.                                    segments.

        Segmen operasi Bank disajikan berdasarkan                       The Bank’s operating segments are presented
        bank umum - konvensional dan bank syariah.                      by commercial banks - conventional and sharia
                                                                        bank.

        Segmen geografis adalah komponen Bank yang                       A geographical segment is a distinguishable
        dapat dibedakan dalam menghasilkan jasa                          component of the Bank 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
        komponen yang beroperasi pada lingkungan                         in other economic environments. The Bank
        (wilayah) ekonomi lain. Bank melaporkan                          report geographical segment information based
        segmen     geografis    berdasarkan    daerah                    on Jadetabek, West Java, Central and East
        Jadetabek, Jawa Barat, Jawa Tengah dan Jawa                      Java and Non Java.
        Timur dan Luar Jawa.


3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                        3. USE    OF    SIGNIFICANT                  ACCOUNTING
     AKUNTANSI YANG PENTING                                         ESTIMATES AND JUDGEMENTS

     Beberapa estimasi dan asumsi dibuat dalam rangka                Certain estimates and assumption are made in the
     penyusunan laporan keuangan dimana dibutuhkan                   presentation of the financial statements. These
     pertimbangan manajemen dalam menentukan                         often    require    management       judgement in
     metodologi yang tepat untuk penilaian aset dan                  determining the appropriate methodology for
     liabilitas.                                                     valuation of assets and liabilities.




                                                           66
Page 540
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

          PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
           CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
            Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
         Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
              (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
                  Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                           3.   USE    OF   SIGNIFICANT   ACCOUNTING
     AKUNTANSI YANG PENTING (lanjutan)                                   ESTIMATES AND JUDGEMENTS (continued)

     Manajemen membuat estimasi dan asumsi yang                          Management makes estimates and assumptions
     berimplikasi pada pelaporan nilai aset dan liabilitas               that affect the reported amounts of assets and
     atas tahun keuangan satu tahun kedepan. Semua                       liabilities within the next financial year. All estimates
     estimasi dan asumsi yang diharuskan oleh PSAK                       and assumptions required in conformity with SFAS
     adalah estimasi terbaik yang didasarkan standar                     are best estimates undertaken in accordance with
     yang berlaku. Estimasi dan pertimbangan dievaluasi                  the applicable standard. Estimates and judgements
     secara terus menerus dan berdasarkan pengalaman                     are evaluated on a continuous basis, and are based
     masa lalu dan faktor-faktor lain termasuk harapan                   on past experience and other factors, including
     atas kejadian yang akan datang.                                     expectations with regard to future events.

     Walaupun estimasi dan asumsi ini dibuat                             Although these estimates and assumption are
     berdasarkan pengetahuan terbaik manajemen atas                      based on management’s best knowledge of current
     kejadian dan tindakan saat ini, hasil yang timbul                   events and activities, actual result may differ from
     mungkin berbeda dengan estimasi dan asumsi                          those estimates and assumption.
     semula.

     Cadangan       kerugian    penurunan      nilai   aset              Allowance for impairment losses of financial
     keuangan                                                            assets

     Sesuai dengan PSAK 71, pengukuran cadangan                          According to SFAS 71, the measurement of the
     kerugian penurunan nilai aset keuangan yang diukur                  expected credit loss allowance for financial assets
     pada biaya perolehan diamortisasi dan diukur pada                   measured at amortised cost and at fair value
     nilai wajar melalui penghasilan komprehensif lain                   through other comprehensive income is an area
     membutuhkan penggunaan model yang kompleks                          that requires the use of complex models and
     dan asumsi signifikan terkait future economic                       significant assumptions about future economic
     conditions dan credit behavior.                                     conditions and credit behavior.

     Estimasi signifikan dibutuhkan dalam menerapkan                     Significant estimates are required in applying the
     perhitungan cadangan kerugian penurunan nilai                       SFAS 71 requirements for measuring allowance for
     berdasarkan PSAK 71, antara lain:                                   impairment losses, such as:

          Penentuan kriteria significant increase in Credit                 Determining criteria for significant increase in
           Risk:                                                              Credit Risk;
          Menentukan model yang tepat dan asumsi untuk                      Choosing appropriate models and assumptions
           perhitungan cadangan kerugian penurunan nilai;                     for the measurement of allowance for
                                                                              impairment losses;
          Menentukan jumlah dan pembebanan relatif                          Establishing the number and relative weightings
           atas skenario forward-looking untuk masing-                        of forward-looking scenarios for each type of
           masing segmen/produk;                                              segment/product;
          Menentukan segmentasi aset keuangan yang                          Establishing groups of similar financial assets
           sejenis untuk perhitungan cadangan kerugian                        for the purposes of measuring allowance for
           penurunan nilai;                                                   impairment losses;
          Estimasi arus kas debitur dalam perhitungan                       Estimate debtor’s cash flow in the calculation of
           individual impairment.                                             individual impairment.

     Lihat Catatan 2g untuk kebijakan akuntansi atas                     Refer to Note 2g for accounting policy on
     penurunan nilai aset keuangan.                                      impairment of financial assets.




                                                               67
Page 541
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                         3.   USE    OF   SIGNIFICANT   ACCOUNTING
     AKUNTANSI YANG PENTING (lanjutan)                                 ESTIMATES AND JUDGEMENTS (continued)

     Cadangan kerugian penurunan nilai atas aset                       Allowance for impairment losses on earning
     produktif (untuk Entitas Anak berbasis syariah)                   assets (for Subsidiary with Sharia principle)

     Aset produktif terdiri dari giro pada Bank Indonesia              Earning assets consist of current accounts with
     dan penempatan pada Bank Indonesia dalam bentuk                   Bank Indonesia, placements with Bank Indonesia in
     Fasilitas Simpanan Bank Indonesia Syariah                         the form of Bank Indonesia Sharia Deposit Facilities
     (“FASBIS”), giro pada bank lain, penempatan pada                  (“FASBIS”), current accounts with other banks,
     bank lain, investasi pada efek-efek, pembiayaan                   placements with other banks, marketable securities,
     mudharabah, pembiayaan musyarakah, aset yang                      mudharabah and musyarakah financing, assets
     diperoleh untuk ijarah, serta komitmen dan                        acquired for ijarah, and commitments and
     kontinjensi yang berisiko kredit.                                 contingencies which carry credit risk.

     Sesuai dengan Peraturan Bank Indonesia (“PBI”),                   In accordance with Bank Indonesia Regulations
     Bank mengklasifikasikan aset produktif ke dalam                   (“PBI”), the Bank classifies earning assets into one
     satu dari lima kategori dan aset nonproduktif ke                  of five categories and non-earning assets into one
     dalam satu dari empat kategori. Aset produktif tidak              of four categories. Performing earning assets
     bermasalah (performing) diklasifikasikan sebagai                  categorised as “Current” and “Special Mention”,
     “Lancar” dan “Dalam Perhatian Khusus”, sedangkan                  while     non-performing    earning    assets    are
     aset      produktif  bermasalah     (non-performing)              categorised into three categories: “Substandard”,
     diklasifikasikan kedalam tiga kategori yaitu: “Kurang             “Doubtful”, and “Loss”. Non-Earning assets are
     Lancar”, “Diragukan” dan “Macet”. Kategori untuk                  divided into “Current”, “Substandard”, “Doubtful”,
     aset non-produktif terdiri dari “Lancar”, “Kurang                 and “Loss”.
     Lancar”, “Diragukan” dan “Macet”.

     Penilaian kualitas aset bank umum berdasarkan                     The assessment of asset quality of commercial
     prinsip syariah diatur dalam Peraturan Otoritas Jasa              banks under sharia principle is regulated by Otoritas
     Keuangan (“POJK”) No.19/POJK.03/2018 tanggal                      Jasa      Keuangan        Regulations       (“POJK”)
     20 September 2018 tentang “Penilaian Kualitas Aset                No.19/POJK.03/2018 dated September 20, 2018
     Bank Umum Syariah dan Unit Usaha Syariah”.                        regarding “Assessment of the Quality of Assets of
                                                                       Sharia Commercial Bank and Sharia Business
                                                                       Unit”.

     Agunan yang diambil alih                                          Foreclosed assets

     Agunan yang diambil alih diukur sebesar nilai yang                Foreclosed assets are stated at lower amount of
     lebih rendah antara nilai tercatat dan nilai bersih               carrying amount and net realisable value. Net
     yang dapat direalisasi. Nilai bersih yang dapat                   realisable value is the fair value of the foreclosed
     direalisasi adalah nilai wajar agunan yang diambil                assets less the estimated costs to sell the assets.
     alih dikurangi dengan estimasi biaya untuk menjual                The excess of loan receivable over the net
     agunan tersebut. Selisih lebih saldo kredit di atas               realisable value of the foreclosed assets is charged
     nilai bersih yang dapat direalisasi dari agunan yang              to allowance for impairment losses on non financial
     diambil alih dibebankan ke dalam akun cadangan                    assets.
     kerugian penurunan nilai aset non keuangan.

     Kondisi agunan yang diambil alih dievaluasi secara                The specific condition of foreclosed assets is
     individu berdasarkan estimasi terbaik manajemen                   individually evaluated based on management’s best
     atas nilai kini arus kas yang diharapkan akan                     estimate of the present value of the expected cash
     diterima. Dalam mengestimasi nilai bersih yang                    flows to be received. In estimating these cash flows,
     dapat direalisasi tersebut, manajemen membuat                     management makes judgements about the net
     pertimbangan berdasarkan nilai realisasi bersih dari              realisable value of each foreclosed asset based the
     setiap agunan berdasarkan hasil penilaian dari                    result of independent appraisal and estimated time
     penilai independen dan estimasi waktu dan arus kas                and cash received from selling the foreclosed
     yang diterima dari penjualan aset tersebut. Setiap                assets. Each impaired assets will be measured
     aset yang mengalami penurunan nilai dinilai sesuai                based on its merits, and the workout strategy and
     dengan kondisi, dan strategi penyelesaian serta                   estimated cash flows considered recoverable.
     estimasi arus kas yang diperkirakan dapat diterima.


                                                             68
Page 542
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                        3.   USE    OF   SIGNIFICANT   ACCOUNTING
     AKUNTANSI YANG PENTING (lanjutan)                                ESTIMATES AND JUDGEMENTS (continued)

     Imbalan kerja karyawan                                           Employee benefit

     Nilai kini atas imbalan kerja karyawan tergantung                The present value of the employee benefit
     dari banyaknya faktor yang dipertimbangkan oleh                  obligations depends on a number of factors that are
     aktuaris berdasarkan beberapa asumsi. Perubahan                  determined on an actuarial basis using a number of
     atas asumsi-asumsi tersebut akan mempengaruhi                    assumptions. Any changes in these assumptions
     nilai tercatat atas imbalan kerja karyawan.                      will impact the carrying amount of employee benefit
                                                                      obligations.

     Asumsi yang digunakan dalam menentukan biaya                     The assumptions used in determining the net cost
     atau pendapatan untuk imbalan kerja termasuk                     (income) for employee benefits include the discount
     tingkat diskonto. Bank menentukan tingkat diskonto               rate. The Bank determines the appropriate discount
     yang tepat pada setiap akhir tahun. Ini merupakan                rate at the end of each year. This is the interest rate
     tingkat suku bunga yang digunakan untuk                          that should be used to determine the present value
     menentukan nilai kini atas arus kas masa depan                   of estimated future cash outflows expected to be
     yang diestimasi akan digunakan untuk membayar                    required to settle the pension obligations. In
     imbalan kerja. Dalam menentukan tingkat diskonto                 determining the appropriate discount rate, the Bank
     yang tepat, Bank mempertimbangkan tingkat suku                   considers the interest rates of Government Bonds
     bunga atas Obligasi Pemerintah yang mempunyai                    that have terms to maturity approximating the terms
     jatuh tempo yang menyerupai jangka waktu imbalan                 of the related employee benefit liability.
     kerja karyawan.

     Asumsi kunci liabilitas pensiun lainnya sebagian                 Other key assumptions for pension obligations are
     ditentukan berdasarkan kondisi pasar saat ini (lihat             partly based on current market conditions (refer to
     Catatan 24).                                                     Note 24).

     Penentuan nilai wajar                                            Determining fair values

     Dalam menentukan nilai wajar atas aset keuangan                  The determining of fair value for financial assets
     dan liabilitas keuangan dimana tidak terdapat harga              and financial liabilities for which there is no
     pasar yang dapat diobservasi, Bank harus                         observable market price requires the Bank must
     menggunakan teknik penilaian seperti dijelaskan                  use of valuation techniques as described in
     pada Catatan 2d.                                                 Note 2d.

     Informasi mengenai penentuan nilai wajar dari                    Information about the determination of fair value of
     instrumen keuangan diungkapkan pada Catatan 46.                  financial instruments is disclosed in Note 46.

     Dalam mengukur nilai wajar atas aset dan liabilitas              When measuring the fair value for non-financial
     non-keuangan, Bank menggunakan data pasar yang                   assets and liabilities, the Bank uses observable
     dapat diobservasi jika memungkinkan.                             market data to extent possible.

     Perpajakan                                                       Taxation

     Pertimbangan      signifikan   dilakukan    dalam                Significant consideration is made in determining the
     menentukan provisi atas pajak penghasilan badan                  provision of corporate income tax and other taxes.
     dan pajak lainnya. Terdapat transaksi dan                        There are certain transactions and calculations that
     perhitungan tertentu yang penentuan pajak akhirnya               the final tax determination is uncertain in the normal
     adalah tidak pasti dalam kegiatan usaha normal.                  course of business. The Bank recognised liability
     Bank mengakui liabilitas pajak penghasilan badan                 for corporate income tax and other taxes based on
     dan pajak lainnya berdasarkan estimasi apakah akan               an estimate whether there would be an additional
     terdapat tambahan pajak penghasilan badan dan                    corporate income tax and other taxes.
     pajak lainnya.




                                                            69
Page 543
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                       3.   USE    OF   SIGNIFICANT   ACCOUNTING
     AKUNTANSI YANG PENTING (lanjutan)                               ESTIMATES AND JUDGEMENTS (continued)

     Aset Pajak Tangguhan                                            Deferred tax assets

     Aset pajak tangguhan diakui atas seluruh perbedaan              Deferred tax assets are recognised for all
     temporer yang dapat dikurangkan, sepanjang besar                deductible temporary differences, as long as it is
     kemungkinannya bahwa penghasilan kena pajak                     likely that taxable income will be available so that
     akan tersedia sehingga perbedaan temporer tersebut              the temporary differences can be utilised.
     dapat    digunakan.    Estimasi   signifikan   oleh             Significant estimates by management are required
     manajemen disyaratkan dalam menentukan jumlah                   in determining the amount of deferred tax assets
     aset pajak tangguhan yang dapat diakui,                         that can be recognised, based on utilisation and the
     berdasarkan saat penggunaan dan tingkat                         level of taxable income and future tax planning
     penghasilan kena pajak serta strategi perencanaan               strategies.
     pajak masa depan.

     Menentukan jangka waktu kontrak dengan opsi                     Determine the contract term with options for
     perpanjangan dan penghentian kontrak - Bank                     extension and termination of the contract - the
     sebagai lessee                                                  Bank as lessee

     Bank menentukan jangka waktu sewa sebagai                       The Bank determines the lease term as the term of
     jangka waktu sewa yang tidak dapat dibatalkan,                  the lease that cannot be cancelled, together with
     bersama dengan periode yang dicakup oleh opsi                   the period covered by the option to extend the lease
     untuk memperpanjang masa sewa jika dipastikan                   if it is determined to be exercised, or any period
     akan dilaksanakan, atau periode apa pun yang                    covered by the option to terminate the lease, if it is
     dicakup oleh opsi untuk menghentikan sewa, jika                 reasonably reasonable not to do so.
     cukup wajar untuk tidak dilakukan.

     Bank memiliki beberapa kontrak sewa yang                        The Bank has several lease contracts that include
     mencakup opsi perpanjangan dan penghentian                      options for extension and termination of the lease
     jangka waktu sewa. Bank menerapkan penilaian                    terms. The Bank applies its judgment in evaluating
     dalam mengevaluasi apakah dapat dipastikan jika                 whether it is certain to exercise the option to extend
     akan menggunakan opsi untuk memperpanjang atau                  or terminate the lease. This is done by considering
     menghentikan sewa. Hal tersebut dilakukan dengan                all relevant facts and circumstances that provide
     mempertimbangkan seluruh fakta dan keadaan yang                 economic incentives to extend or terminate the
     relevan yang memberikan insentif ekonomi untuk                  lease. After the commencement date, the Bank
     melakukan perpanjangan atau penghentian sewa.                   reassesses the lease term, if there is a significant
     Setelah tanggal dimulainya, Bank menilai kembali                event or change in circumstances which is under its
     masa sewa, jika terdapat peristiwa atau perubahan               control and affects whether the lessee is certain
     signifikan dalam keadaan yang berada dalam kendali              enough to exercise the option to extend or
     dan mempengaruhi apakah lessee cukup pasti untuk                terminate the lease.
     mengeksekusi       opsi   memperpanjang      atau
     menghentikan sewa.

4.   KAS                                                        4.   CASH

                                              31 Desember/December 31,

                                                2023                 2022

     Kas dalam khasanah                                                                                           Cash in vault
       Rupiah                                   87.502.996           40.512.092                                       Rupiah
       Mata uang asing                                                                                      Foreign currency
         Dolar Amerika Serikat                   4.394.381           10.922.546                       United States Dollar
         Dolar Singapura                           554.825              107.907                           Singapore Dollar
         Dolar Australia                           171.699              110.013                           Australian Dollar
         Poundsterling Inggris                      26.300                    -                Great Britain Poundsterling
         Euro Eropa                                 25.302               52.232                            European Euro
         Dolar Selandia Baru                        22.851                8.176                       New Zealand Dollar
         Franc Swiss                                 7.869               10.601                               Swiss Franc
         Dolar Taiwan                                7.704               34.569                        New Taiwan Dollar
         Dolar Hongkong                              5.892               29.689                           Hongkong Dollar


                                                           70
Page 544
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                       PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                          As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                        (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


4.   KAS (lanjutan)                                                     4.    CASH (continued)

                                                     31 Desember/December 31,

                                                       2023                    2022

     Kas dalam khasanah (lanjutan)                                                                                   Cash in vault (continued)
       Mata uang asing (lanjutan)                                                                               Foreign currency (continued)
         Yen Jepang                                         4.682                      8.247                               Japanese Yen
         Yuan Cina                                          2.341                      2.931                                Chinese Yuan
         Won Korea                                          1.497                        988                                 Korean Won
         Real Saudi                                         1.437                          -                                  Saudi Riyal
         Dolar Kanada                                         581                      6.892                             Canadian Dollar
         Baht Thailand                                        571                        370                                Thailand Baht
         Ringgit Malaysia                                     436                        371                            Malaysian Ringgit
     Kas                                                   89.500                     89.500                                    Cash on hand

     Jumlah                                            92.820.864              51.897.124                                                      Total


     Kas dalam khasanah diasuransikan terhadap                               Cash in vault, are insured against losses by all risks
     seluruh risiko kepada PT Victoria Insurance (pihak                      to PT Victoria Insurance (related party) with total
     berelasi) dengan nilai pertanggungan seluruhnya                         insurance coverage as of December 31, 2023 and
     pada tanggal 31 Desember 2023 dan 2022 masing-                          2022      amounting     to    Rp125,921,618       and
     masing        sebesar    Rp125.921.618         dan                      Rp126,781,903,       respectively.    The     Bank’s
     Rp126.781.903. Manajemen Bank berpendapat                               management believe that the insurance coverage is
     bahwa nilai pertanggungan tersebut telah memadai                        adequate to cover possible losses on insured cash
     untuk menutup kemungkinan kerugian atas kas                             in vault.
     dalam khasanah yang dipertanggungkan.

5.   GIRO PADA BANK INDONESIA                                          5.     CURRENT ACCOUNTS WITH BANK INDONESIA

                                                      31 Desember/December 31,

                                                       2023                    2022

     Rupiah                                          1.469.773.490           1.490.535.993                                               Rupiah
     Dolar Amerika Serikat                              23.303.360              16.029.855                                   United States Dollar

     Jumlah                                          1.493.076.850           1.506.565.848                                                     Total


     Rasio GWM Bank yang telah diaudit pada tanggal                            As of December 31, 2023 and 2022, the audited
     31 Desember 2023 dan 2022 adalah sebagai                                  GWM ratios of the Bank are as follows:
     berikut:
                                                      31 Desember/December 31,

                                                       2023                    2022

     Bank Umum - Konvensional                                                                             Commercial Bank - Conventional
     Rupiah                                                                                                                        Rupiah
       Giro Wajib Minimum*)                                   7,32%                   7,69%                  Minimum Statutory Reserve*)
       Penyangga Likuiditas
          Makroprudensial**)                               23,73%                  22,82%                Macroprudential Liquidity Buffer**)
       GWM Rasio Intermediasi                                                                                      GWM Macroprudential
          Makroprudensial***)                              (1,01%)                (2,49%)                       Intermediation Ratio***)
     Valuta Asing                                           4,05%                   4,05%                                Foreign Currencies
     *)     Sebelumnya Giro Wajib Minimum Primer                                                      Previously Primary Minimum Statutory Reserve     *)
     **)    Sebelumnya Giro Wajib Minimum Sekunder                                                 Previously Secondary Minimum Statutory Reserve     **)
     ***)   Sebelumnya Giro Wajib Minimum LFR                                           Previously Loan to Funding Ratio Minimum Statutory Reserve   ***)




                                                                  71
Page 545
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


5.   GIRO PADA BANK INDONESIA (lanjutan)                        5.   CURRENT ACCOUNTS WITH BANK INDONESIA
                                                                     (continued)

     Saldo giro pada Bank Indonesia adalah untuk                     Current accounts with Bank Indonesia are provided
     memenuhi persyaratan Giro Wajib Minimum (GWM)                   to fulfill Bank Indonesia’s requirements on Minimum
     dari Bank Indonesia.                                            Reserve Requirements (GWM).

     Berdasarkan Peraturan Bank Indonesia (PBI)                      In accordance with Bank Indonesia Regulation
     No. 20/3/PBI/2018 tanggal 29 Maret            2018              (PBI) No. 20/3/PBI/2018 dated March 29, 2018 as
     sebagaimana telah beberapa kali diubah, terakhir                amended several times, most recently with PBI
     dengan PBI No. 24/4/PBI/2022 tanggal 1 Maret                    No. 24/4/PBI/2022 dated March 1, 2022 concerning
     2022 tentang Perubahan Keempat atas Peraturan                   the Fourth Amendment to Bank Indonesia
     Bank Indonesia No. 20/3/PBI/2018 tentang Giro                   Regulation No. 20/3/PBI/2018 concerning Statutory
     Wajib Minimum dalam Rupiah dan Valuta Asing bagi                Reserves in Rupiah and Foreign Currency for
     Bank Umum Konvensional, Bank Umum Syariah,                      Conventional     Commercial        Banks,      Sharia
     dan Unit Usaha Syariah; Peraturan Anggota Dewan                 Commercial Banks and Sharia Business Units; and
     Gubernur (PADG) No. 20/10/PADG/2018 tanggal                     Regulation of Members of the Board of Governors
     31 Mei 2018, sebagaimana telah diubah beberapa                  (PADG) No. 20/10/PADG/2018 dated May 31,
     kali, terakhir dengan PADG No. 24/3/PADG/2022                   2018, as amended several times, most recently
     tanggal 1 Maret 2022 tentang Perubahan Kedelapan                with PADG No. 24/3/PADG/2022 dated March 1,
     atas        Peraturan      Anggota         Gubernur             2022 concerning the Eighth Amendment to the
     No. 20/10/PADG/2018 tentang Giro Wajib Minimum                  Regulation of Members of the Governor
     dalam Rupiah dan Valuta Asing bagi Bank Umum                    No. 20/10/PADG/2018 concerning Statutory
     Konvensional, Bank Umum Syariah, dan Unit Usaha                 Reserves in Rupiah and Foreign Exchange for
     Syariah; dan Peraturan Anggota Dewan Gubernur                   Conventional     Commercial        Banks,      Sharia
     (PADG) No. 24/8/PADG/2022 tanggal 1 Juli 2022,                  Commercial Banks and Sharia Business Units,
     sebagaimana telah diubah beberapa kali, terakhir                Regulation of Members of the Board of Governors
     dengan PADG No. 12 Tahun 2023 tanggal                           (PADG) No. 24/8/PADG/2022 dated July 1, 2022,
     1 Oktober 2023 tentang Perubahan Kedua atas                     as amended several times, most recently with
     Peraturan Anggota Dewan Gubernur Nomor                          PADG No. 12 year 2023 dated October 1, 2023
     24/8/PADG/2022 tentang Peraturan Pelaksanaan                    concerning the Second Amendment to the
     Pemenuhan Giro Wajib Minimum Dalam Rupiah dan                   Regulation of Members of the Board of Governors
     Valuta Asing Bagi Bank Umum Konvensional, Bank                  PADG No. 24/8/PADG/2022              concerning the
     Umum Syariah, dan Unit Usaha Syariah. Bank wajib                Implementation Regulations for Fulfillment of
     memenuhi rasio Giro Wajib Minimum (GWM) seperti                 Statutory Reserves in Rupiah and Foreign
     yang disyaratkan Bank Indonesia dalam Rupiah dan                Exchange for Conventional Commercial Banks,
     valuta asing secara harian dan rata-rata dari rata-             Sharia Commercial Banks, and Sharia Business
     rata Dana Pihak Ketiga (DPK) dalam Rupiah dan                   Units. Banks are required to meet the Statutory
     valuta asing selama periode laporan tertentu.                   Reserves (GWM) ratio as required by Bank
                                                                     Indonesia in Rupiah and foreign currencies on a
                                                                     daily basis and the average of the average Third
                                                                     Party Funds (DPK) in Rupiah and foreign
                                                                     currencies during a specific reporting period.

     Pada tanggal 31 Desember 2023 dan 2022, rasio                   As of December 31, 2023 and 2022, the average
     GWM rata-rata dalam Rupiah yang wajib dipenuhi                  GWM ratio in Rupiah that must be fulfilled is at 9%,
     adalah sebesar 9%, dan rasio GWM rata-rata dalam                and the average GWM ratio in foreign currencies
     valuta asing yang wajib dipenuhi sebesar 4%.                    that must be fulfilled is at 4%.

     Berdasarkan surat dari Bank Indonesia (BI)                      Based on letter from Bank Indonesia (BI)
     No. 25/321/DKMP/Srt/B tanggal 5 Desember 2023,                  No. 25/321/DKMP/Srt/B dated December 5, 2023,
     Bank memperoleh Insentif Kebijakan Likuiditas                   the Bank received a Macroprudential Liquidity
     Makroprudensial (KLM) sebesar 1,8% berlaku dari                 Policy Incentive of 1.8% valid from December 1,
     1 Desember 2023 sampai dengan 29 Februari 2024                  2023 until February 29, 2024 therefore GWM ratio
     sehingga GWM rata-rata dalam Rupiah yang wajib                  in Rupiah that must be fulfilled by the Bank is at
     dipenuhi oleh Bank adalah 7,2%.                                 7.2%.




                                                           72
Page 546
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


5.   GIRO PADA BANK INDONESIA (lanjutan)                         5.   CURRENT ACCOUNTS WITH BANK INDONESIA
                                                                      (continued)

     Disamping itu, berdasarkan PBI No. 20/4/PBI/2018                 Furthermore, based on PBI No. 20/4/PBI/2018
     tanggal 29 Maret 2018 sebagaimana telah beberapa                 dated March 29, 2018 as amended several times,
     kali diubah, terakhir dengan PBI No.24/16/PBI/2022               most recently with PBI No.24/16/PBI/2022 dated
     tanggal 1 November 2022 tentang Perubahan                        November 1, 2022 concerning the Fourth
     Keempat      atas     Peraturan   Bank   Indonesia               Amendment to Bank Indonesia Regulation
     No. 20/4/PBI/2018 tentang Rasio Intermediasi                     No.       20/4/PBI/2018       concerning     Ratio
     Makroprudensial       dan    Penyangga    Likuiditas             Macroprudential          Intermediation       and
     Makroprudential bagi Bank Umum Konvensional,                     Macroprudential Liquidity Support for Conventional
     Bank Umum Syariah, dan Unit Usaha Syariah dan                    Commercial Banks, Sharia Commercial Banks, and
     PADG No.21/22/PADG/2019 tanggal 28 November                      Sharia      Business      Units;     and    PADG
     2019 sebagaimana telah mengalami beberapa                        No.21/22/PADG/2019 dated November 28, 2019 as
     kali perubahan, terakhir dengan PADG No. 18                      amended several times, most recently with PADG
     Tahun 2023 tanggal 29 November 2023 tentang                      No. 18 year 2023 dated November 29, 2023
     Perubahan Ketujuh atas Peraturan Anggota Dewan                   concerning the Seventh Amendment to the
     Gubernur No. 21/22/PADG/2019 tentang Rasio                       Regulation of Members of the Board of Governors
     Intermediasi Makroprudential dan Penyangga                       No. 21/22/PADG/2019 concerning Macroprudential
     Likuiditas Makroprudential bagi Bank Umum                        Intermediation Ratio and Macroprudential Liquidity
     Konvensional, Bank Umum Syariah, dan Unit Usaha                  Buffer for Conventional Commercial Banks, Sharia
     Syariah, Bank wajib memenuhi Rasio Intermediasi                  Commercial Banks, and Sharia Business Units,
     Makroprudential (RIM) dan Penyangga Likuiditas                   Banks      must    meet      the    Macroprudential
     Makroprudential (PLM) dari rata-rata DPK dalam                   Intermediation Ratio (RIM) and Macroprudential
     Rupiah selama periode laporan tertentu.                          Liquidity Buffer (PLM) of the average TPF in
                                                                      Rupiah during specific reporting periods.

     Pada tanggal 31 Desember 2023 dan 2022, rasio                    As of December 31, 2023 and 2022, the minimum
     PLM yang wajib dipenuhi minimal masing-masing                    of PLM ratio that must be fulfilled is set at 5% and
     sebesar 5% dan 6%.                                               6%, respectively.

     Giro RIM adalah tambahan simpanan minimum                        RIM demand deposits is the additional reserve that
     yang wajib dipelihara oleh Bank dalam bentuk saldo               should be maintained by the Bank in the form of
     rekening giro pada Bank Indonesia. Parameter yang                current accounts with Bank Indonesia. The
     digunakan dalam pemenuhan giro RIM adalah                        parameters used in the fulfillment of MIR are as
     sebagai berikut:                                                 follow:
      1. Batas bawah target RIM sebesar 84%                           1. Minimum target of RIM is 84%
      2. Batas atas target RIM sebesar 94%                            2. Maximum target of RIM is 94%
      3. KPMM Insentif sebesar 14%                                    3. Incentive of CAR is 14%

     Bank memiliki RIM dibawah batas bawah target                     Bank have RIM below the lower RIM target limit,
     RIM, NPL kurang dari 5 (Catatan 11), dan KPMM                    NPL of less than 5 (Note 11), and have CAR above
     diatas 19% sehingga Bank wajib memelihara Giro                   19% therefore the Bank is required to maintain RIM
     RIM menggunakan parameter disinsentif yang                       demand deposits using the applicable disincentive
     berlaku. Pada tanggal 31 Desember 2023 dan                       parameters. As of December 31, 2023 and 2022,
     2022, Giro RIM yang dimiliki Bank telah memenuhi                 the RIM Current Account owned by the Bank
     ketentuan Bank Indonesia.                                        complied with the applicable Bank Indonesia
                                                                      regulations.

     Bank telah memenuhi peraturan Bank Indonesia                     The Bank has fulfilled the prevailing Bank
     yang berlaku tentang Giro Wajib Minimum bank                     Indonesia’s regulation regarding Minimum Reserve
     umum konvensional pada tanggal 31 Desember                       Requirements for conventional banks as of
     2023 dan 2022.                                                   December 31, 2023 and 2022.




                                                            73
Page 547
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


6.   GIRO PADA BANK LAIN                                    6.   CURRENT ACCOUNTS WITH OTHER BANKS

     a.   Berdasarkan bank                                       a.    By bank

                                           31 Desember/December 31,

                                           2023                   2022

          Rupiah                                                                                                     Rupiah
          PT Bank Central Asia Tbk          57.345.205            31.369.908                       PT Bank Central Asia Tbk
          PT Bank Negara Indonesia                                                                PT Bank Negara Indonesia
            (Persero) Tbk                   20.963.477            18.116.185                               (Persero) Tbk
          PT Bank Mandiri (Persero) Tbk     10.101.400            10.100.200                  PT Bank Mandiri (Persero) Tbk
          PT Bank Permata Tbk                  174.099               230.617                          PT Bank Permata Tbk
          PT Bank HSBC Indonesia                57.491                     -                       PT Bank HSBC Indonesia
          PT Bank Maybank Indonesia Tbk         31.338             1.860.483                 PT Bank Maybank Indonesia Tbk
          PT Bank Pan Indonesia Tbk              8.318                 9.763                     PT Bank Pan Indonesia Tbk
          PT Bank CIMB Niaga Tbk                 3.769               248.783                       PT Bank CIMB Niaga Tbk
          PT Bank Mega Tbk                           -               622.877                             PT Bank Mega Tbk
          PT Bank DBS Indonesia                      -               455.792                         PT Bank DBS Indonesia
          PT Bank Victoria Syariah                   -                   915                        PT Bank Victoria Syariah

          Sub jumlah                        88.685.097            63.015.523                                         Sub total

          Mata Uang Asing                                                                                Foreign Currency
          PT Bank Negara Indonesia                                                                PT Bank Negara Indonesia
            (Persero) Tbk                  164.890.420           106.390.516                               (Persero) Tbk
          PT Bank Mandiri (Persero) Tbk     36.106.642            28.621.665                   PT Bank Mandiri (Persero) Tbk
          PT Bank Central Asia Tbk           4.651.092            22.602.699                       PT Bank Central Asia Tbk
          PT Bank CIMB Niaga Tbk             1.059.270             2.599.773                       PT Bank CIMB Niaga Tbk
          PT Bank ICBC                         577.714                     -                                  PT Bank ICBC
          OCBC Bank, Singapura                 328.684             5.154.251                         OCBC Bank, Singapore

          Sub jumlah                       207.613.822           165.368.904                                         Sub total

          Jumlah                           296.298.919           228.384.427                                             Total

          Dikurangi: Cadangan Kerugian
            Penurunan Nilai                       (1.726)                     -         Less: Allowance for impairment losses

          Jumlah - bersih                  296.297.193           228.384.427                                        Total - net


          Pada tanggal 31 Desember 2023 dan 2022,                      As of December 31, 2023 and 2022, there are
          tidak terdapat giro pada bank lain yang                      no current accounts with other banks pledged
          dijaminkan.                                                  as collateral.

     b.   Berdasarkan mata uang                                  b.    By currency
                                           31 Desember/December 31,

                                           2023                   2022

          Rupiah                            88.685.097            63.015.523                                          Rupiah
          Dolar Amerika Serikat            202.908.447           154.903.119                              United States Dollar
          Yen Jepang                         2.673.710             2.672.405                                   Japanese Yen
          Euro Eropa                         1.059.270             2.599.773                                   European Euro
          China Yuan                           643.711                39.356                                    Chinese Yuan
          Dolar Singapura                      328.684             5.154.251                                 Singapore Dollar

          Jumlah                           296.298.919           228.384.427                                             Total

          Dikurangi: Cadangan Kerugian
            Penurunan Nilai                       (1.726)                     -         Less: Allowance for impairment losses

          Jumlah - bersih                  296.297.193           228.384.427                                        Total - net




                                                       74
Page 548
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


6.   GIRO PADA BANK LAIN (lanjutan)                              6.   CURRENT ACCOUNTS WITH OTHER BANKS
                                                                      (continued)

     c.   Berdasarkan kolektibilitas sesuai Peraturan                 c.    By collectibility according to Bank Indonesia
          Bank Indonesia                                                    Regulation

          Pada tanggal 31 Desember 2023 dan 2022,                           All current accounts with other banks are
          semua giro pada bank lain diklasifikasikan                        classified as current as of December 31, 2023
          lancar.                                                           and 2022.

     d.   Cadangan kerugian penurunan nilai                           d.    Allowance for impairment losses

          Pada tanggal 31 Desember 2023 dan 2022,                           As of December 31, 2023 and 2022, all current
          seluruh giro pada bank lain berada di stage 1.                    accounts with other banks are classified in
          Bank telah membentuk cadangan kerugian                            stage 1. Bank has set aside allowance for
          penurunan nilai masing-masing sebesar                             impairment losses amounted to Rp1,726 and
          Rp1.726 dan RpNihil.                                              RpNil, respectively.

          Manajemen    berpendapat    bahwa jumlah                          Management believes that the above allowance
          cadangan kerugian penurunan nilai di atas telah                   for impairment losses is adequate.
          memadai.


7.   PENEMPATAN PADA BANK INDONESIA DAN                          7.   PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN                                                        OTHER BANKS

     a.   Berdasarkan jenis, pihak dan bank                           a.    By type, counterparties and bank

                                               31 Desember/December 31,

                                                 2023                 2022

          Pihak ketiga                                                                                                 Third party
          Fasilitas Simpanan                                                                                   Fasilitas Simpanan
            Bank Indonesia (FASBI)               359.947.530          829.890.530                       Bank Indonesia (FASBI)

          Deposito Berjangka                                                                                       Time Deposit
            PT Bank Mega Tbk                       2.600.000                       -                       PT Bank Mega Tbk
            PT Bank Victoria Syariah               1.800.000                       -                  PT Bank Victoria Syariah
            PT Bank Nationalnobu Tbk               1.320.000                       -                PT Bank Nationalnobu Tbk
            PT Bank BJB Tbk                          700.000               3.450.000                        PT Bank BJB Tbk
            PT Bank Tabungan Negara                                                                PT Bank Tabungan Negara
              (Persero) Tbk                                 -              3.000.000                         (Persero) Tbk
            PT Bank Panin Dubai Syariah Tbk                 -              1.000.000          PT Bank Panin Dubai Syariah Tbk
            PT Bank BJB Syariah                             -              1.000.000                     PT Bank BJB Syariah

                                                 366.367.530          838.340.530

          Interbank Call Money                                                                              Interbank Call Money
             Rupiah                                                                                                     Rupiah
             PT Bank Capital Indonesia Tbk       250.000.000                    -                 PT Bank Capital Indonesia Tbk
             PT Bank Victoria Syariah            150.000.000           20.000.000                      PT Bank Victoria Syariah
             PT Bank Pembangunan Daerah                                                          PT Bank Pembangunan Daerah
               Papua                             100.000.000                       -                                   Papua
             PT Bank Nationalnobu Tbk             50.000.000                       -                 PT Bank Nationalnobu Tbk

                                                 550.000.000           20.000.000

          Jumlah                                 916.367.530          858.340.530                                             Total

          Dikurangi: Cadangan Kerugian
            Penurunan Nilai                        (998.782)                 (13.015)        Less: Allowance for impairment losses

          Jumlah - bersih                        915.368.748          858.327.515                                        Total - net



                                                            75
Page 549
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


7.   PENEMPATAN PADA BANK INDONESIA DAN                       7.   PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN (lanjutan)                                          OTHER BANKS (continued)

     a.   Berdasarkan jenis, pihak dan bank (lanjutan)             a.    By    type,       counterparties        and      bank
                                                                         (continued)

          Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, there are
          tidak terdapat penempatan Bank Indonesia dan                   no placements Bank Indonesia and with other
          pada bank lain yang dijaminkan.                                banks pledged as collateral.

     b.   Berdasarkan tenor jatuh tempo                            b.    By period maturity

                                              31 Desember/December 31,

                                               2023                 2022

          Kurang dari 1 bulan                 916.367.530          858.340.530                               Less than 1 month
          1 sampai 3 bulan                              -                    -                                1 up to 3 months
          3 sampai 6 bulan                              -                    -                                3 up to 6 months
          Lebih dari 6 bulan                            -                    -                              More than 6 months

          Jumlah                              916.367.530          858.340.530                                             Total

          Dikurangi: Cadangan Kerugian                                                                       Less: Allowance for
            Penurunan Nilai                      (998.782)               (13.015)                           impairment losses

          Jumlah - bersih                     915.368.748          858.327.515                                        Total - net


     c.   Berdasarkan mata uang                                    c.    By currency

                                              31 Desember/December 31,

                                               2023                 2022

          Rupiah                              916.367.530          858.340.530                                          Rupiah
          Dolar Amerika Serikat                         -                    -                              United States Dollar

          Jumlah                              916.367.530          858.340.530                                             Total

          Dikurangi: Cadangan Kerugian                                                                      Less: Allowance for
            Penurunan Nilai                      (998.782)               (13.015)                          impairment losses

          Jumlah - bersih                     915.368.748          858.327.515                                        Total - net


     d.   Berdasarkan kolektibilitas sesuai Peraturan              d.    By collectability according                to    Bank
          Bank Indonesia                                                 Indonesia Regulation

          Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, all
          seluruh penempatan pada Bank Indonesia dan                     placements with Bank Indonesia and other
          bank lain digolongkan sebagai lancar.                          banks are classified as current.




                                                         76
Page 550
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


7.   PENEMPATAN PADA BANK INDONESIA DAN                          7.    PLACEMENTS WITH BANK INDONESIA AND
     BANK LAIN (lanjutan)                                              OTHER BANKS (continued)

     e.   Cadangan kerugian penurunan nilai                            e.     Allowance for impairment losses

          Pada tanggal 31 Desember 2023 dan 2022                              As of December 31, 2023 and 2022, all
          seluruh penempatan pada Bank Indonesia dan                          placements in Bank Indonesia and other banks
          bank lain berada di stage 1. Bank telah                             are classified in stage 1. Bank has set aside
          membentuk cadangan kerugian penurunan nilai                         allowance for impairment losses amounted to
          masing-masing sebesar Rp998.782 dan                                 Rp998,782 and Rp13,015, respectively.
          Rp13.015.

          Manajemen    berpendapat    bahwa jumlah                            Management believes that the above allowance
          cadangan kerugian penurunan nilai di atas telah                     for impairment losses is adequate.
          memadai.

8.   EFEK-EFEK                                                   8.    MARKETABLE SECURITIES

     a.   Berdasarkan jenis                                            a.     By type

                                                 31 Desember/December 31,

                                                 2023                   2022

          Rupiah                                                                                                             Rupiah
          Nilai wajar melalui laba rugi                                                            Fair value through profit or loss
          Reksadana                              790.570.315           400.037.154                                     Mutual funds
          Wesel jangka menengah                  221.960.000           172.625.000                               Medium-term notes

          Sub jumlah                           1.012.530.315           572.662.154                                          Sub total

          Nilai wajar melalui penghasilan                                                                 Fair value through other
             komprehensif lain                                                                          comprehensive income
          Surat Utang Negara                     757.213.466          1.095.239.462                   Government Promissory Notes
          Surat Berharga Syariah Negara          308.245.034            387.126.664                      Government Sharia Bonds
          Reksadana                              306.932.232                      -                                    Mutual funds
          Surat Berharga Syariah Korporasi        20.283.400                      -                        Corporate Sharia Bonds
          Obligasi korporasi                      12.081.667             83.372.315                                Corporate bonds
          Efek Beragun Aset                        8.508.012                      -                           Asset-backed security
          Wesel jangka menengah                            -             20.547.800                             Medium-term notes

          Sub jumlah                           1.413.263.811          1.586.286.241                                         Sub total

          Biaya perolehan diamortisasi                                                                            Amortised cost
          Surat Utang Negara                   3.547.973.017          2.476.659.061                   Government Promissory Notes
          Obligasi korporasi                     213.394.630             12.500.000                               Corporate bonds
          Reksadana                               73.000.000                      -                                  Mutual funds
          Wesel Jangka Menengah                   15.000.000             15.000.000                            Medium-term notes
          Sekuritas Rupiah Bank                                                                             Bank Indonesia Rupiah
            Indonesia (SRBI)                       9.389.041                     -                             Securities (SRBI)
          Surat Berharga Syariah Negara            1.012.922           155.445.941                       Government Sharia Bonds

          Sub jumlah                           3.859.769.610          2.659.605.002                                         Sub total

          Jumlah                               6.285.563.736          4.818.553.397                                             Total

          Dikurangi:                                                                                                           Less:
          Cadangan kerugian penurunan nilai       (8.271.969)               (8.862.949)              Allowance for impairment losses

          Jumlah - bersih                      6.277.291.767          4.809.690.448                                        Total - net




                                                            77
Page 551
                                                                                       The original financial statements included herein are in
                                                                                                                         Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                             PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                                As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                              (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)


8.   EFEK-EFEK (lanjutan)                                                   8.   MARKETABLE SECURITIES (continued)

     a.   Berdasarkan jenis (lanjutan)                                           a.    By type (continued)

          Pada tanggal 31 Desember 2023 dan 2022,                                      As of December 31, 2023 and 2022, there are
          tidak terdapat efek-efek yang dijaminkan.                                    no marketable securities pledged as collateral.

          Pada tanggal 31 Desember 2023 dan 2022,                                      As of December 31, 2023 and 2022
          terdapat surat utang negara dalam transaksi                                  government bonds under transaction securities
          efek-efek yang dijual dengan janji untuk dibeli                              sold under repurchase agreement with nominal
          kembali dengan nilai nominal sebesar                                         amount of Rp643,266,730 and Rp240,865,160
          Rp643.266.730 dan Rp240.865.160 (Catatan                                     (Notes 20).
          20).

     b.   Obligasi korporasi                                                     b.    Corporate bonds

          i. Nilai  wajar      melalui           penghasilan                           i. Fair value through other comprehensive
             komprehensif lain                                                            income


                                                           31 Desember/December 31, 2023
                                                                                                             Tingkat suku
                                                                                                                bunga/     Tanggal jatuh
                        Pihak penerbit/                           Obligasi/                    Jumlah/       Interest rate    tempo/     Peringkat/
                           Issuers                                 Bonds                       Amount             (%)      Maturity date  Rating

            PT Astra Sedaya Finance               Obligasi Berkelanjutan IV/III 2019 C          10.080.856        7,95       23-Oct-24      idAAA

            PT Aneka Gas Industri Tbk             Obligasi Berkelanjutan II Tahap IV
                                                     2021 A                                      2.000.811        8,10       22-Dec-24      A(idn)
            Jumlah/ Total                                                                       12.081.667




                                                           31 Desember/December 31, 2022
                                                                                                                Tingkat
                                                                                                             suku bunga/ Tanggal jatuh
                     Pihak penerbit/                           Obligasi/                       Jumlah/       Interest rate   tempo/      Peringkat/
                        Issuers                                 Bonds                          Amount             (%)      Maturity date  Rating

            PT Aneka Gas Industri Tbk        Obligasi Berkelanjutan II/III 2021 C                1.992.434       8,10       22-Dec-24      A(idn)

            PT Astra Sedaya Finance          ASDF Berkel IV/IV 2020 B                           10.043.076       7,00       27-Mar-23      idAAA

            PT Astra Sedaya Finance          ASDF Berkl IV/III 2019 C                           10.286.281       7,95       23-Oct-24      idAAA

            PT Bank Tabungan Negara
              (Persero) Tbk                  BTN Berkl I/II Th 2013                             19.095.135       7,90       27-Mar-23     AA(idn)

            PT Mayora Indah Tbk              Mayora Indah I/III 2018                            15.107.999       8,15       24-Apr-23      idAA

            PT Sarana Multigriya Finansial
              (Persero)                      EBA-SP SMF-BTN03 KELAS A SERI A2                    5.105.630       8,40       07-Jul-29    idAAA(sf)

            PT Sarana Multigriya Finansial
              (Persero)                      EBA-SP SMF-BTN05 KELAS A SERI A1                   16.005.956       8,50      07-May-32     idAAA(sf)

            PT Sarana Multigriya Finansial
              (Persero)                      EBA-SP SMF-BTN05 KELAS A SERI A2                      697.998       8,75      07-May-32     idAAA(sf)

            PT Serasi Autoraya               OBL Berkelanjutan I Serasi Autoraya THP I
                                                2019 C                                           5.037.806       8,35       27-Apr-23     AA-(idn)
            Jumlah/Total                                                                        83.372.315




                                                                       78
Page 552
                                                                                    The original financial statements included herein are in
                                                                                                                      Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                             As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                            for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                           (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)


8.   EFEK-EFEK (lanjutan)                                               8.    MARKETABLE SECURITIES (continued)

     b.   Obligasi korporasi (lanjutan)                                       b.    Corporate bonds (continued)

          ii. Biaya perolehan diamortisasi                                          ii. Amortised cost

                                                         31 Desember/December 31, 2023
                                                                                                            Tingkat
                                                                                                         suku bunga/ Tanggal jatuh
                         Pihak penerbit/                       Obligasi/                   Jumlah/       Interest rate   tempo/      Peringkat/
                            Issuers                             Bonds                      Amount             (%)      Maturity date  Rating

            Lembaga Pembiayaan Ekspor Indonesia   Obligasi Berkelanjutan III Tahap V        20.251.743       8,25      15-Agu-24       idAAA
                                                    Tahun 2017 Seri C
            Lembaga Pembiayaan Ekspor Indonesia   Obligasi Berkelanjutan IV Tahap IV        10.082.916       8,90       23-Apr-24      idAAA
                                                    Tahun 2019 Seri C
            PT Barito Pacific Tbk                 Obligasi Berkelanjutan III Tahap I        15.000.000       9,25       08-Feb-28       idA+
                                                    Tahun 2023 Seri B
            PT Permodalan Nasional Madani         Obligasi Berkelanjutan III Tahap II       20.395.649       8,75      28-Nov-24       idAA+
               (Persero)                            Tahun 2019 Seri B
            PT Global Mediacom Tbk                Obligasi Berkelanjutan IV Tahap I         16.955.601      10,25       06-Jul-26       idA+
                                                    Tahun 2023 Seri B
            PT Sarana Multigriya Financial Tbk    Obligasi Berkelanjutan V Tahap IV         10.208.721       8,10       14-Jul-25      idAAA
               (Persero)                            Tahun 2020 Seri B
            PT Sinar Mas Multifinance             Obligasi Berkelanjutan III Tahap I        50.000.000      10,25       07-Feb-26       irA+
                                                    Tahun 2023 Seri B
            PT Sinar Mas Multifinance             Obligasi Berkelanjutan III TAHAP I        50.000.000      10,75       07-Feb-28       irA+
                                                    Tahun 2023 Seri C
            PT Sejahteraraya Anugrahjaya Tbk      Obligasi I Tahun 2022 Seri A              12.500.000      9,75        07-Okt-25       idA
            PT TBS Energi Utama Tbk               Obligasi I Tahun 2023 Seri B               8.000.000      10,00       03-Mar-28       idA

            Jumlah/Total                                                                   213.394.630



                                                         31 Desember/December 31, 2022
                                                                                                            Tingkat
                                                                                                         suku bunga/ Tanggal jatuh
                         Pihak penerbit/                       Obligasi/                   Jumlah/       Interest rate   tempo/      Peringkat/
                            Issuers                             Bonds                      Amount             (%)      Maturity date  Rating

            PT Sejahteraraya Anugrahjaya Tbk      OBLIGASI I SEJAHTERARAYA
                                                    ANUGRAHJAYA TAHUN 2022
                                                    SERI A                                  12.500.000       9,75       7-Oct-25        idA

            Jumlah/Total                                                                    12.500.000



     c.   Berdasarkan sisa umur jatuh tempo                                   c.    By remaining period to maturity
                                                      31 Desember/December 31,

                                                       2023                    2022

          Diukur pada biaya
             perolehan diamortisasi                                                                            Measured at amortised cost
          Kurang dari 1 tahun                         731.735.232              428.488.131                                Less than 1 year
          1 sampai dengan 2 tahun                     472.679.239              246.992.450                                  1 up to 2 years
          2 sampai dengan 5 tahun                     305.304.379              187.323.870                                  2 up to 5 years
          Lebih dari 5 tahun                        2.350.050.760            1.796.800.551                              More than 5 years

          Jumlah                                    3.859.769.610            2.659.605.002                                              Total




                                                                   79
Page 553
                                                                                                The original financial statements included herein are in
                                                                                                                                  Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                                      PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                                         As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                                        for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                                       (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)


8.   EFEK-EFEK (lanjutan)                                                      8.     MARKETABLE SECURITIES (continued)

     d.   Berdasarkan kolektibilitas sesuai Peraturan                                 d.        By collectability as per Bank Indonesia
          Bank Indonesia

                                                                31 Desember/December 31,

                                                         2023                                       2022

                                         Nilai tercatat/        Cadangan/          Nilai tercatat/         Cadangan/
                                         Carrying Value         Allowance          Carrying Value          Allowance

          Lancar                         6.285.563.736           (8.271.969)       4.818.553.397                (8.862.949)                          Current
          Kurang lancar                              -                     -                   -                         -                       Substandard
          Macet                                      -                     -                   -                         -                              Loss

          Jumlah                         6.285.563.736           (8.271.969)       4.818.553.397                (8.862.949)                              Total


     e. Perubahan cadangan kerugian penurunan                                         e.        The changes in allowance for impairment
        nilai                                                                                   losses

          Perubahan cadangan kerugian penurunan nilai                                           The changes in allowance for impairment losses
          efek-efek  untuk  tahun    yang    berakhir                                           on marketable securities for the year ended
          31 Desember 2023 dan 2022 adalah sebagai                                              December 31, 2023 and 2022 are as follows:
          berikut:

                                                               31 Desember/December 31, 2023
                                                                                                                 Jumlah/
                                             Stage 1               Stage 2                Stage 3                 Total

          Saldo awal tahun                      8.862.949                      -                      -             8.862.949     Balance beginning of year
          Transfer ke kerugian kredit                                                                                                     Transfer to 12 month
             ekspektasian 12 bulan                                                                                                           expected credit
             (Stage 1)                                     -                   -                      -                       -             losses (Stage 1)
          Transfer ke kerugian kredit                                                                                                               Transfer to
             ekspektasian sepanjang                                                                                                 lifetime expected credit
             umurnya (Stage 2)                             -                   -                      -                       -             losses (Stage 2)
          Transfer ke kredit
             yang mengalami                                                                                                                  Transfer to credit
             penurunan nilai (Stage 3)                     -                   -                      -                       -            impaired (Stage 3)
          Perubahan bersih pada
             eksposur                           (590.980)                      -                      -             (590.980)         Net change in exposure
          Penghapusbukuan                               -                      -                      -                     -                        Write off
          Saldo akhir tahun                     8.271.969                      -                      -             8.271.969            Balance end of year


                                                            31 Desember/December 31, 2022
                                                                                 Syariah/                          Jumlah/
                                           Stage 1        Stage 2    Stage 3      Sharia                            Total

          Saldo awal tahun               11.108.843                 -                  -                    -      11.108.843     Balance beginning of year
          Transfer ke kerugian kredit                                                                                                     Transfer to 12 month
             ekspektasian 12 bulan                                                                                                           expected credit
             (Stage 1)                               -              -                 -                     -                 -             losses (Stage 1)
          Transfer ke kerugian kredit                                                                                                               Transfer to
             ekspektasian sepanjang                                                                                                 lifetime expected credit
             umurnya (Stage 2)                       -              -                  -                    -                 -             losses (Stage 2)
          Transfer ke kredit
             yang mengalami                                                                                                                 Transfer to credit
             penurunan nilai (Stage 3)               -              -                 -                     -                 -          impaired (Stage 3)
          Perubahan bersih pada
             eksposur                     (2.245.894)               -                  -                    -      (2.245.894)        Net change in exposure
          Penghapusbukuan                          -                -                      -                -               -                        Write off
          Saldo akhir tahun                8.862.949                -                  -                    -       8.862.949            Balance end of year



                                                                         80
Page 554
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

       PT BANK VICTORIA INTERNATIONAL Tbk                                     PT BANK VICTORIA INTERNATIONAL Tbk
        CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Tanggal 31 Desember 2023 dan untuk                                        As of December 31, 2023 and
      Tahun yang Berakhir pada Tanggal Tersebut                                       for the Year Then Ended
           (Disajikan dalam Ribuan Rupiah,                                      (Expressed in Thousands of Rupiah,
               Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


8.   EFEK-EFEK (lanjutan)                                           8.   MARKETABLE SECURITIES (continued)

     e. Perubahan cadangan kerugian penurunan                            e.    The changes in allowance for impairment
        nilai (lanjutan)                                                       losses (continued)

         Manajemen    berpendapat    bahwa jumlah                              Management believes that the above allowance
         cadangan kerugian penurunan nilai di atas telah                       for impairment losses is adequate.
         memadai.


9.   EFEK-EFEK YANG          DIBELI     DENGAN      JANJI           9.   SECURITIES PURCHASED                    UNDER       RESALE
     DIJUAL KEMBALI                                                      AGREEMENTS

     Efek-efek yang dibeli dengan janji dijual kembali pada              The securities purchased under resale agreements
     tanggal 31 Desember 2023 dan 2022 adalah sebagai                    as of December 31, 2023 and 2022 are as follows:
     berikut:
                                                 31 Desember/December 31, 2023
                                                                                      Tanggal
                                 Jenis efek/    Nilai wajar/    Tingkat suku          dimulai/          Tanggal jatuh     Nilai tercatat/
           Pihak lawan/           Type of       Fair value         bunga/          Commencement            tempo/           Carrying
           Counterparty          Securities      amount         Interest rate           date            Maturity date        amount
                                                                                   22 Desember/         5 Januari/
     Bank Mega                    FR0080         123.206.041         6,35%         December 2023        January 2024       123.385.291
                                                                                   22 Desember /        5 Januari /
     Bank Mega                    FR0080         123.206.041         6,35%         December 2023        January 2024       123.385.291
                                                                                   22 Desember /        5 Januari/
     Bank Mega                    FR0080         123.206.041         6,35%         December 2023        January 2024       123.385.291
                                                                                   22 Desember /        5 Januari/
     Bank Mega                    FR0080         123.206.041         6,35%         December 2023        January 2024       123.385.291
                                                                                   28 Desember /        4 Januari /
     Ina Perdana                  FR0101          47.035.463         6,25%         December 2023        January 2024        47.730.463
                                                                                   28 Desember/         4 Januari/
     Ina Perdana                  FR0101          94.070.927         6,25%         December 2023        January 2024        95.460.927
     Jumlah/ Total                               633.930.554                                                               636.732.554

                                                 31 Desember/December 31, 2022
                                                                                      Tanggal
                                 Jenis efek/    Nilai wajar/    Tingkat suku          dimulai/          Tanggal jatuh     Nilai tercatat/
           Pihak lawan/           Type of       Fair value         bunga/          Commencement            tempo/           Carrying
           Counterparty          Securities      amount         Interest rate           date            Maturity date        amount
                                                                                   29 Desember/        5 Januari/
     Bank Indonesia               VR0046         119.045.000         5,50%         December 2022        January 2023       120.051.750
                                                                                   29 Desember /       5 Januari /
     Bank Indonesia               VR0046         119.045.000         5,50%         December 2022        January 2023       120.051.750
                                                                                   30 Desember /       6 Januari/
     Bank Indonesia               VR0035         118.276.625         5,50%         December 2022        January 2023       119.567.375
                                                                                   30 Desember /       6 Januari/
     Bank Indonesia               VR0035         118.276.625         5,50%         December 2022        January 2023       119.567.375
                                                                                   30 Desember /       6 Januari /
     Bank Indonesia               VR0035         118.276.625         5,50%         December 2022        January 2023       119.567.375
                                                                                   26 Desember /       2 Januari/
     Ina Perdana                  FR0075         119.251.625         5,80%         December 2022        January 2023       120.313.375
                                                                                   26 Desember/        2 Januari/
     Ina Perdana                  FR0075         119.251.625         5,80%         December 2022        January 2023       120.313.375
     Jumlah/ Total                               831.423.125                                                               839.432.375

     Pada tanggal 31 Desember 2023 dan 2022, seluruh                     As of December 31, 2023 and 2022, all securities
     efek yang dibeli dengan janji dijual kembali                        purchased under resale agreements were classified
     digolongkan sebagai lancar dan berada di stage 1.                   as current and are in stage 1.

     Manajemen berpendapat tidak diperlukan cadangan                     Management believes that no allowance                      for
     kerugian  penurunan      nilai  pada     tanggal                    impairment   losses    is   required as                     of
     31 Desember 2023 dan 2022.                                          December 31, 2023 and 2022.

                                                               81
Page 555
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


10. PENDAPATAN BUNGA DAN SYARIAH YANG                        10. INTEREST AND SHARIA INCOME RECEIVABLES
    MASIH AKAN DITERIMA

                                             31 Desember/December 31,

                                             2023                2022
  Pinjaman yang diberikan,                                                                       Loans, sharia financing and
    pembiayaan dan piutang syariah           316.474.550        352.458.256                                    receivables
  Efek-efek                                   68.397.055         63.314.972                            Marketable securities
  Surat-surat berharga yang dibeli                                                               Securities purchased under
    dengan janji dijual kembali                  969.990              452.257                          resale agreements
  Penempatan pada Bank Indonesia                                                            Placements with Bank Indonesia
    dan bank lain                                325.556                5.667                             and other banks
  Jumlah                                     386.167.151        416.231.152                                            Total
  Dikurangi:                                                                                                           Less:
  Cadangan kerugian                                                                                            Allowance for
    penurunan nilai                          (17.759.228)       (24.551.373)                               impairment loss

  Jumlah - bersih                            368.407.923        391.679.779                                        Total - net


  Mutasi cadangan kerugian penurunan nilai untuk                The changes in allowance for impairment losses of
  pendapatan bunga dan syariah yang masih akan                  interest and sharia income receivables are as
  diterima adalah sebagai berikut:                              follows:
                                             31 Desember/December 31,

                                             2023                2022
  Saldo awal                                  24.551.373         21.829.912                               Beginning balance
  Penambahan selama                                                                                            Addition during
    tahun berjalan (Catatan 32)               (3.814.474)         45.266.724                             the year (Note 32)
  Penghapusbukuan                             (2.977.671)        (42.545.263)                                         Write-off

  Saldo akhir                                 17.759.228         24.551.373                                  Ending balance


   Manajemen berpendapat bahwa cadangan kerugian                Management believes that the allowance for
   penurunan nilai yang telah dibentuk cukup untuk              impairment losses is adequate to cover possible
   menutup kemungkinan kerugian atas pendapatan                 losses from interest and sharia income receivables.
   bunga dan syariah yang masih akan diterima.

  Semua pinjaman yang diberikan, pembiayaan dan                 All loans, sharia financing and receivables granted
  piutang syariah kepada debitur menggunakan mata               by the Bank to the debtors denominated in Rupiah.
  uang Rupiah.


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                      11. LOANS,    SHARIA                 FINANCING             AND
    DAN PIUTANG SYARIAH                                          RECEIVABLES

  a.   Berdasarkan pihak dan jenis kredit                       a.    By counterparties and loan type
                                             31 Desember/December 31,

                                             2023                2022

       Pinjaman yang diberikan          18.628.743.177        15.824.611.091                                            Loans
       Dikurangi: Cadangan kerugian                                                           Less: Allowance for impairment
         penurunan nilai                    (574.872.202)       (538.118.251)                               of loan losses

       Jumlah                           18.053.870.975        15.286.492.840                                             Total




                                                        82
Page 556
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                     11. LOANS,    SHARIA        FINANCING                      AND
    DAN PIUTANG SYARIAH (lanjutan)                              RECEIVABLES (continued)

  a.   Berdasarkan pihak dan jenis kredit (lanjutan)           a.    By counterparties and loan type (continued)

                                            31 Desember/December 31,

                                             2023               2022
       Pihak Berelasi                                                                                      Related Parties
       Pinjaman tetap                        14.093.005         15.767.732                                       Fixed loans
       Pinjaman rekening koran               33.612.870         50.298.491                                  Overdraft loans
       Pinjaman tetap dengan angsuran        93.067.628          2.590.000                     Fixed loans with installments
       Pinjaman serba guna                    1.904.420          2.785.543                                       Other loans
       Pinjaman konsumen                      1.218.518          1.823.917                                 Consumer loans

                                            143.896.441         73.265.683
       Pihak Ketiga                                                                                           Third Parties
       Pinjaman tetap                     9.683.420.015       8.845.158.112                                      Fixed loans
       Pinjaman tetap dengan angsuran     6.771.225.706       5.075.586.745                    Fixed loans with installments
       Pinjaman rekening koran            1.838.154.121       1.627.457.490                                 Overdraft loans
       Pinjaman konsumen                    163.408.554         165.641.493                                Consumer loans
       Pinjaman serba guna                   28.638.340          37.501.568                                      Other loans

                                         18.484.846.736      15.751.345.408

       Jumlah                            18.628.743.177      15.824.611.091                                             Total

       Dikurangi: Cadangan kerugian                                                          Less: Allowance for impairment
        penurunan nilai                    (574.872.202)       (538.118.251)                                of loan losses

       Jumlah - bersih                   18.053.870.975      15.286.492.840                                       Total - net


  b.   Berdasarkan pihak dan sektor ekonomi                    b.    By counterparties and economic sector
                                            31 Desember/December 31,

                                             2023               2022
       Pihak Berelasi                                                                                       Related Parties
       Industri                              91.679.382            449.566                                           Industry
       Lembaga pembiayaan                    28.697.953         47.840.259                                         Financing
       Perdagangan, restoran dan hotel       20.052.215         16.439.766                     Trading, restaurant, and hotel
       Jasa-jasa sosial/masyarakat               12.568          2.596.228                         Social community service
       Lain-lain                              3.454.323          5.939.864                                             Others

                                            143.896.441         73.265.683
       Pihak Ketiga                                                                                            Third Parties
       Lembaga pembiayaan                 5.534.314.148       3.762.445.032                                        Financing
       Perdagangan, restoran dan hotel    3.554.187.395       3.455.294.068                    Trading, restaurant, and hotel
       Real estate                        2.533.798.811       2.434.559.491                                      Real estate
       Industri                           2.094.677.859       1.545.957.444                                          Industry
       Konstruksi                           737.806.956         782.271.513                                     Construction
       Jasa-jasa sosial/masyarakat          349.338.531         420.555.309                        Social community service
       Lain-lain                          3.680.723.036       3.350.262.551                                            Others

                                         18.484.846.736      15.751.345.408

       Jumlah                            18.628.743.177      15.824.611.091                                             Total
       Dikurangi: Cadangan kerugian                                                                      Less: Allowance for
         penurunan nilai                   (574.872.202)       (538.118.251)                            impairment losses

       Jumlah - bersih                   18.053.870.975      15.286.492.840                                       Total - net




                                                       83
Page 557
                                                                                    The original financial statements included herein are in
                                                                                                                      Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                                             PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                                As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                               for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                              (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                                    11. LOANS,    SHARIA        FINANCING                       AND
    DAN PIUTANG SYARIAH (lanjutan)                                             RECEIVABLES (continued)

  b.   Berdasarkan pihak dan sektor ekonomi                                   b.    By counterparties and economic sector
       (lanjutan)                                                                   (continued)

       Pada tanggal 31 Desember 2023 dan 2022,                                      As of December 31, 2023 and 2022, the ratio of
       rasio pinjaman kepada Usaha Mikro kecil                                      Micro Business loans to the total loans in
       terhadap pinjaman yang diberikan sesuai                                      accordance with Bank Indonesia Circular Letter
       dengan Surat Edaran Bank Indonesia                                           No.13/30/DPNP dated December 16, 2011, was
       No.13/30/DPNP tanggal 16 Desember 2011                                       16.39% and 15.45%, respectively (unaudited).
       masing-masing sebesar 16,39% dan 15,45%
       (tidak diaudit).

  c.   Berdasarkan      jangka          waktu          periode                c.    By period of the loan agreement
       perjanjian pinjaman

                                                       31 Desember/December 31,

                                                        2023                    2022

       Kurang dari 1 tahun                          1.102.254.095            1.074.669.054                                Less than 1 year
       1 sampai dengan 2 tahun                      8.989.930.116            7.064.604.782                                 1 up to 2 years
       2 sampai dengan 5 tahun                      2.288.156.059            1.792.845.362                                 2 up to 5 years
       Lebih dari 5 tahun                           6.248.402.907            5.892.491.893                               More than 5 years

                                                   18.628.743.177           15.824.611.091
       Dikurangi: Cadangan kerugian                                                                                     Less: Allowance for
         penurunan nilai                               (574.872.202)         (538.118.251)                             impairment losses

       Jumlah                                      18.053.870.975           15.286.492.840                                              Total


  d.   Berdasarkan sisa umur jatuh tempo                                      d.    By remaining period to maturity
                                                       31 Desember/December 31,

                                                        2023                    2022

       Kurang dari 1 tahun                         10.230.458.965            8.317.221.072                                Less than 1 year
       1 sampai dengan 2 tahun                        850.744.939              526.684.728                                 1 up to 2 years
       2 sampai dengan 5 tahun                      4.715.574.187            4.466.449.041                                 2 up to 5 years
       Lebih dari 5 tahun                           2.831.965.086            2.514.256.250                               More than 5 years

                                                   18.628.743.177           15.824.611.091
       Dikurangi: Cadangan kerugian                                                                                     Less: Allowance for
         penurunan nilai                               (574.872.202)         (538.118.251)                             impairment losses

       Jumlah                                      18.053.870.975           15.286.492.840                                              Total



  e.   Berdasarkan kolektibilitas Bank Indonesia                              e.    By Bank Indonesia collectibility
                                                            31 Desember/December 31,

                                                   2023                                   2022

                                        Pokok/             Cadangan/           Pokok/            Cadangan/
                                       Principal           Allowance          Principal          Allowance

       Lancar                         16.853.533.089       (188.687.597)     13.891.816.244       (127.059.296)                         Current
       Dalam perhatian khusus          1.031.746.709       (246.323.248)      1.264.168.321       (283.615.360)                 Special Mention
       Kurang lancar                      92.773.486        (44.667.572)         75.569.484        (31.722.417)                   Substandard
       Diragukan                          17.419.566         (4.528.633)         77.449.429        (25.271.075)                        Doubtful
       Macet                             633.270.327        (90.665.152)        515.607.613        (70.450.103)                           Loss

       Jumlah                         18.628.743.177       (574.872.202)     15.824.611.091       (538.118.251)                          Total




                                                                     84
Page 558
                                                                                                            The original financial statements included herein are in
                                                                                                                                              Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                                                                    PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                                                       As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                                      for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                                                     (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                                                             Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                                                 11. LOANS,    SHARIA        FINANCING                                        AND
    DAN PIUTANG SYARIAH (lanjutan)                                                          RECEIVABLES (continued)

  f.   Menurut Stage                                                                             f.         By Stage

       Berikut adalah perubahan jumlah pinjaman                                                             Below is movement of loans based on stages
       yang diberikan berdasarkan stage selama tahun                                                        during the year ended December 31, 2023 and
       berakhir 31 Desember 2023 dan 2022:                                                                  2022:

                                                                    31 Desember/ December 31, 2023
                                                                                                                              Jumlah/
                                               Stage 1                   Stage 2                      Stage 3                  Total
       Saldo awal tahun                         13.749.721.837            1.406.262.727                    668.626.527        15.824.611.091    Balance beginning of year
       Transfer ke kerugian kredit
          ekspektasian 12 bulan                                                                                                                        Transfer to expected
          (Stage 1)                                524.560.294            (521.995.580)                     (2.564.714)                    -      credit losses (Stage 1)
       Transfer ke kerugian kredit
          ekspektasian sepanjang                                                                                                                Transfer to lifetime expected
          umurnya (Stage 2)                      (498.885.200)              498.885.200                               -                    -       credit losses (Stage 2)
       Transfer ke kredit yang mengalami                                                                                                          Transfer to credit impaired
          penurunan nilai (Stage 3)              (117.427.616)            (261.018.850)                    378.446.466                     -                      (Stage 3)

       Total saldo awal                                                                                                                               Total opening balance
          setelah pengalihan                    13.657.969.315            1.122.133.497                   1.044.508.279       15.824.611.091                after transfer

       Pengukuran kembali bersih                                                                                                                      Net remeasurement of
         nilai tercatat                         (1.338.336.571)            (73.638.752)                   (159.342.477)       (1.571.317.800)            carrying amount
       Aset keuangan yang baru                                                                                                                          New financial asset
         diterbitkan atau dibeli                 8.698.335.237              201.653.500                    134.001.472         9.033.990.209     originated or purchased
       Aset keuangan yang                                                                                                                                    Derecognition of
         dihentikan pengakuannya                (4.183.072.609)           (199.763.819)                    (67.043.684)       (4.449.880.112)              financial asset
       Aset keuangan yang                                                                                                                                Written-off financial
         dihapusbuku                                          -                         -                 (208.660.211)         (208.660.211)                      assets

       Total penambahan/(pengurangan)                                                                                                              Total additional/(reversal)
          tahun berjalan                         3.176.926.057             (71.749.071)                   (301.044.900)        2.804.132.086              during the year

       Saldo akhir tahun                        16.834.895.372            1.050.384.426                    743.463.379        18.628.743.177       Balance end of year




                                                                 31 Desember/ December 31, 2022
                                                                                           Syariah/                            Jumlah/
                                             Stage 1          Stage 2       Stage 3         Sharia                              Total
       Saldo awal tahun                  12.174.588.727      1.441.372.589         1.067.143.793               805.969.302    15.489.074.411    Balance beginning of year
       Transfer ke kerugian kredit
          ekspektasian 12 bulan                                                                                                                        Transfer to expected
          (Stage 1)                         376.488.123       (364.589.511)          (11.898.612)                         -                -      credit losses (Stage 1)
       Transfer ke kerugian kredit
          ekspektasian sepanjang                                                                                                                Transfer to lifetime expected
          umurnya (Stage 2)                (523.152.234)          523.866.745               (714.511)                     -                -      credit losses (Stage 2)
       Transfer ke kredit yang mengalami                                                                                                          Transfer to credit impaired
          penurunan nilai (Stage 3)        (131.787.056)           (8.368.253)      140.155.309                           -                -                      (Stage 3)

       Total saldo awal                                                                                                                               Total opening balance
          setelah pengalihan               11.896.137.560    1.592.281.570         1.194.685.979               805.969.302    15.489.074.411                after transfer

       Pengukuran kembali bersih                                                                                                                      Net remeasurement of
         nilai tercatat                      (992.385.522)        (92.077.870)     (144.857.114)                          -   (1.229.320.506)            carrying amount
       Aset keuangan yang baru                                                                                                                          New financial asset
         diterbitkan atau dibeli            5.628.818.812          87.888.637        35.213.454                           -    5.751.920.903     originated or purchased
       Aset keuangan yang                                                                                                                                    Derecognition of
         dihentikan pengakuannya           (2.782.849.013)    (181.829.610)        (122.247.341)                          -   (3.086.925.964)              financial asset
       Aset keuangan yang                                                                                                                                Written-off financial
         dihapusbuku                                    -                   -      (294.168.451)                          -    (294.168.451)                       assets

       Total penambahan/(pengurangan)                                                                                                              Total additional/(reversal)
          tahun berjalan                   1.853.584.277      (186.018.843)        (526.059.452)                          -    1.141.505.982              during the year

       Dampak kehilangan pengendalian                                                                                                                        Loss of control
         entitas anak                                    -                  -                         -       (805.969.302)    (805.969.302)                on subsidiary

       Saldo akhir tahun                   13.749.721.837    1.406.262.727          668.626.527                           -   15.824.611.091           Balance end of year




                                                                                   85
Page 559
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                      11. LOANS,    SHARIA        FINANCING                      AND
    DAN PIUTANG SYARIAH (lanjutan)                               RECEIVABLES (continued)

  g.   Pinjaman yang diberikan, pembiayaan dan                  g.    Impaired loans, sharia financing and
       piutang syariah yang mengalami penurunan                       receivables and allowances for impairment
       nilai dan cadangan kerugian penurunan                          losses by economic sector
       nilainya berdasarkan sektor ekonomi

       Pinjaman yang mengalami penurunan nilai                        Impaired loan based on economic sector and
       berdasarkan sektor ekonomi dan cadangan                        allowance:
       yang dibentuk:

                                             31 Desember/December 31,

                                             2023                2022

       Real estate                           664.731.842         347.855.539                                     Real estate
       Perdagangan, restoran, dan hotel      240.812.559         328.804.972                    Trading, restaurant and hotel
       Konstruksi                            121.490.813          57.310.883                                    Construction
       Jasa-jasa sosial/masyarakat           117.355.295          39.186.518                      Social/community services
       Lembaga Pembiayaan                     35.037.672           8.991.000                                       Financing
       Industri                                3.079.485          58.799.412                                         Industry
       Lain-lain                             419.454.946          78.751.491                                           Others

                                           1.601.962.612         919.699.815
       Dikurangi:                                                                                                       Less:
       Cadangan kerugian                                                                                        Allowance for
         penurunan nilai                    (362.634.000)       (165.192.941)                            impairment losses

       Jumlah                              1.239.328.612         754.506.874                                            Total


       Rasio pinjaman bermasalah (Non-Performing                      The ratio of non-performing loan (NPL)-gross of
       Loan - NPL) kotor Bank terhadap total pinjaman                 the Bank as of December 31, 2023 and 2022
       yang diberikan pada tanggal 31 Desember 2023                   was 3.99% and 4.23% to total loans,
       dan 2022 masing-masing sebesar 3,99% dan                       respectively. Ratio NPL-net to total loans of the
       4,23%. Rasio NPL neto Bank terhadap total                      Bank as of December 31, 2023 and 2022 was
       pinjaman yang diberikan pada tanggal                           3.24% and 3.42%, respectively.
       31 Desember 2023 dan 2022 masing-masing
       sebesar 3,24% dan 3,42%.

  h.   Pinjaman yang direstrukturisasi                          h.    Restructured loans

                                             31 Desember/December 31,

                                             2023                2022

       Penjadwalan kembali                                                                      Rescheduling of installments
         angsuran dan perpanjangan                                                                       and the extention
         jangka waktu pinjaman             2.868.304.020       3.102.181.766                               of credit period
       Perpanjangan jangka waktu,                                                                  Extention of credit period,
         penurunan suku bunga pinjaman,                                                          reduction of interest rate,
         penggabungan fasilitas                                                                          combined facility,
         penambahan plafon                              -      1.378.110.809                          additions of plafond

       Jumlah pinjaman yang
         direstrukturisasi                 2.868.304.020       4.480.292.575                          Total restructured loans
       Dikurangi: Cadangan kerugian                                                                       Less: Allowance for
         penurunan nilai                    (447.527.201)       (428.127.277)                            impairment losses

       Jumlah                              2.420.776.819       4.052.165.298                                            Total




                                                        86
Page 560
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                         11. LOANS,    SHARIA        FINANCING                      AND
    DAN PIUTANG SYARIAH (lanjutan)                                  RECEIVABLES (continued)

  h.   Pinjaman yang direstrukturisasi (lanjutan)                  h.    Restructured loans (continued)

       Berikut    adalah jumlah       pinjaman      yang                 Below are the balance of restructured loans
       direstrukturisasi berdasarkan kolektibilitas pada                 based on collectability as of December 31, 2023
       tanggal 31 Desember 2023 dan 2022:                                and 2022:

                                               31 Desember/December 31,

                                                2023                2022

       Lancar                                1.276.007.551        2.651.901.635                                         Current
       Dalam Perhatian Khusus                  930.550.887        1.221.471.066                                 Special Mention
       Kurang Lancar                            33.788.024           73.415.364                                   Substandard
       Diragukan                                13.919.566           77.449.429                                        Doubtful
       Macet                                   614.037.992          456.055.081                                           Loss

       Jumlah pinjaman yang
         direstrukturisasi                   2.868.304.020        4.480.292.575                          Total restructured loans

       Dikurangi: Cadangan kerugian                                                                          Less: Allowance for
         penurunan nilai                      (447.527.201)        (428.127.277)                            impairment losses

       Jumlah                                2.420.776.819        4.052.165.298                                            Total


       Berikut    adalah jumlah     pinjaman    yang                     Below are the balance of restructured loans
       direstrukturisasi berdasarkan jenis pinjaman                      based on type as of December 31, 2023
       pada tanggal 31 Desember 2023 dan 2022:                           and 2022:

                                               31 Desember/December 31,

                                                2023                2022

       Pinjaman tetap                        1.820.536.969        2.790.047.805                                      Fixed loans
       Pinjaman rekening koran                 849.748.361          232.214.253                                 Overdraft loans
       Pinjaman tetap dengan angsuran          146.129.251        1.383.190.366                    Fixed loans with installments
       Pinjaman konsumen                        32.995.695           52.794.277                                Consumer loans
       Pinjaman serba guna                      18.893.744           22.045.874                                      Other loans

       Jumlah pinjaman yang
         direstrukturisasi                   2.868.304.020        4.480.292.575                          Total restructured loans
       Dikurangi: Cadangan kerugian                                                                          Less: Allowance for
         penurunan nilai                       (447.527.201)       (428.127.277)                            impairment losses

       Jumlah                                2.420.776.819        4.052.165.298                                            Total


       Sehubungan dengan restrukturisasi dan                             In relation to loan restructuring and relaxation
       relaksasi     kredit   sebagai   dampak    dari                   due to COVID-19 impact, the regulator issued
       COVID-19, regulator mengeluarkan POJK                             POJK No.11/POJK.03/2020 dated March 16,
       No.11/POJK.03/2020 tanggal 16 Maret 2020                          2020 regarding National Economy Stimulus as
       tentang Stimulus Perekonomian Nasional                            the COVID-19 Outbreak Impact Countercyclical
       sebagai          Kebijakan       Countercyclical                  Policy      that     amended       to     POJK
       Dampak Penyebaran COVID-19 yang kemudian                          No. 48/POJK.03/2020 dated December 1, 2020
       diperbaharui             dengan          POJK                     and reamend under POJK No.17/POJK.03/2021
       No.48/POJK.03/2020 tanggal 1 Desember 2020                        dated on September 10, 2021. The amount of
       dan        diperbaharui      dengan      POJK                     loan that have been restructured as
       No.17/POJK.03/2021 tanggal 10 September                           a result of the COVID-19 pandemic as of
       2021. Jumlah pinjaman yang diberikan yang                         December 31, 2023 and 2022 amounting to
       telah direstrukturisasi akibat dampak pandemi                     Rp1,416,009,064       and      Rp3,763,830,225,
       COVID-19 pada tanggal 31 Desember 2023                            respectively.
       dan       2022       masing-masing     sebesar
       Rp1.416.009.064 dan Rp3.763.830.225.

                                                           87
Page 561
                                                                                                      The original financial statements included herein are in
                                                                                                                                        Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                                                            PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                                               As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                                                              for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                                                             (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                                                     Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                                            11. LOANS,    SHARIA        FINANCING                                            AND
    DAN PIUTANG SYARIAH (lanjutan)                                                     RECEIVABLES (continued)

  i.   Perubahan cadangan kerugian penurunan                                                 i.        The changes in allowance for impairment
       nilai                                                                                           losses
                                                                   31 Desember/ December 31, 2023
                                                                                                                           Jumlah/
                                            Stage 1                 Stage 2                       Stage 3                   Total

       Saldo awal tahun                       113.248.446             297.426.209                     127.443.596            538.118.251       Balance beginning of year
       Transfer ke kerugian kredit
          ekspektasian 12 bulan                                                                                                              Transfer to 12 month expected
          (Stage 1)                           101.250.110            (100.340.521)                      (909.589)                       -        credit losses (Stage 1)
       Transfer ke kerugian kredit
          ekspektasian sepanjang                                                                                                               Transfer to lifetime expected
          umurnya (Stage 2)                    (5.550.699)              5.550.699                                -                      -        credit losses (Stage 2)
       Transfer ke kredit yang mengalami                                                                                                         Transfer to credit impaired
          penurunan nilai (Stage 3)            (1.669.222)            (34.430.698)                     36.099.920                       -                        (Stage 3)

       Total saldo awal setelah                                                                                                                    Beginning balance after
          pengalihan                          207.278.635             168.205.689                     162.633.927            538.118.251                 stage transfer

       Pengukuran kembali bersih                                                                                                                     Net remeasurement of
         penyisihan kerugian                 (107.119.134)            139.909.436                     185.691.182            218.481.484                carrying amount
       Aset keuangan yang baru                                                                                                                          New financial asset
         diterbitkan atau dibeli               41.176.937              61.568.430                       9.266.982            112.012.349        originated or purchased
       Aset keuangan yang dihentikan                                                                                                                 Derecognized financial
         pengakuannya                         (28.530.381)            (47.478.767)                     (9.070.523)           (85.079.671)                         assets
       Aset keuangan yang                                                                                                                               Written-off financial
         dihapusbuku                                      -                         -             (208.660.211)            (208.660.211)                          assets

       Total pembentukan/(pembalikan)
          tahun                               (94.472.578)            153.999.099                     (22.772.570)            36.753.951        Net change in exposure

       Saldo akhir tahun                      112.806.057             322.204.788                     139.861.357            574.872.202          Balance end of year



                                                                  31 Desember/ December 31, 2022
                                                                                              Syariah/                       Jumlah/
                                           Stage 1            Stage 2        Stage 3           Sharia                         Total

       Saldo awal tahun                    103.598.821         79.800.317      468.103.610                  50.771.005       702.273.753       Balance beginning of year
       Transfer ke kerugian kredit
          ekspektasian 12 bulan                                                                                                              Transfer to 12 month expected
          (Stage 1)                         20.994.941        (17.783.674)          (3.211.267)                       -                 -        credit losses (Stage 1)
       Transfer ke kerugian kredit
          ekspektasian sepanjang                                                                                                               Transfer to lifetime expected
          umurnya (Stage 2)                (19.788.628)        20.001.621                (212.993)                    -                 -        credit losses (Stage 2)
       Transfer ke kredit yang mengalami                                                                                                         Transfer to credit impaired
          penurunan nilai (Stage 3)         (3.580.076)          (714.839)              4.294.915                     -                 -                        (Stage 3)

       Total saldo awal setelah                                                                                                                    Beginning balance after
          pengalihan                       101.225.058         81.303.425      468.974.265                  50.771.005       702.273.753                 stage transfer

       Pengukuran kembali bersih                                                                                                                     Net remeasurement of
         penyisihan kerugian               (22.860.111)       210.052.392           (9.783.183)                       -       177.409.098               carrying amount
       Aset keuangan yang baru                                                                                                                          New financial asset
         diterbitkan atau dibeli            43.465.945         14.442.163          12.597.767                         -        70.505.875       originated or purchased
       Aset keuangan yang dihentikan                                                                                                                 Derecognized financial
         pengakuannya                       (8.582.446)        (8.371.771)         (50.176.802)                       -       (67.131.019)                        assets
       Aset keuangan yang                                                                                                                               Written-off financial
         dihapusbuku                                  -                 -      (294.168.451)                          -      (294.168.451)                        assets

       Total pembentukan/(pembalikan)
          tahun                             12.023.388        216.122.783      (341.530.669)                          -      (113.384.497)         Net change in exposure

       Dampak kehilangan pengendalian                                                                                                                    Loss of control on
         entitas anak                                 -                 -                         -         (50.771.005)      (50.771.005)                   subsidiary

       Saldo akhir tahun                   113.248.446        297.426.209      127.443.596                            -       538.118.251             Balance end of year


       Manajemen berpendapat bahwa cadangan                                                            The management believe that allowance for
       kerugian penurunan nilai untuk pinjaman yang                                                    impairment losses of loans, sharia financing
       diberikan, pembiayaan dan piutang syariah                                                       and receivables is adequate to cover
       adalah cukup untuk menutup kerugian yang                                                        impairment losses that might arise from
       mungkin timbul akibat tidak tertagihnya                                                         uncollectible loans.
       pinjaman.




                                                                              88
Page 562
                                                                                    The original financial statements included herein are in
                                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)


11. PINJAMAN YANG DIBERIKAN, PEMBIAYAAN                                 11. LOANS,    SHARIA        FINANCING                                AND
    DAN PIUTANG SYARIAH (lanjutan)                                          RECEIVABLES (continued)

   Pada tanggal       26    Desember 2018,       OJK                           On December 26, 2018, OJK issued new regulation
   mengeluarkan        ketentuan      baru       yaitu                         No. 32/POJK.03/2018 regarding “Legal Lending
   No. 32/POJK.03/2018 tentang “Batas Maksimum                                 Limit and Large Exposure for Commercial Bank”
   Pemberian Kredit dan Penyediaan Dana Besar bagi                             which effective since September 1, 2019, which
   Bank Umum” yang berlaku efektif sejak 1 September                           amended partially by POJK No. 38/POJK.03/2019
   2019 yang sebagian pasalnya diubah dengan POJK                              dated December 19, 2019. This regulation requires
   No. 38/POJK.03/2019 tanggal 19 Desember 2019.                               the maximum lending limit to one and/or group of
   Peraturan tersebut menetapkan batas maksimum                                nonrelated party debtor which not exceed to 25% of
   penyediaan dana kepada satu debitur dan/atau                                the Bank’s core capital. As of December 31, 2023
   kelompok debitur yang bukan merupakan pihak                                 and 2022, there were no breach and no violation of
   berelasi tidak melebihi 25% dari modal inti Bank.                           the LLL requirements both to related parties and
   Pada tanggal 31 Desember 2023 dan 2022 tidak                                third parties.
   terdapat pelampauan dan pelanggaran atas BMPK
   baik kepada pihak berelasi maupun pihak ketiga.

   Jaminan atas pinjaman yang diberikan berupa                                 Collaterals for loans are in form of as land, building,
   tanah, bangunan, saham, giro, deposito berjangka,                           shares, demand deposits, time deposits, machinery,
   mesin, persediaan, dan piutang. Deposito berjangka                          inventories, and receivables. Time deposits that are
   yang dijadikan jaminan tunai untuk pinjaman yang                            pledged as cash collateral for loans as of December
   diberikan pada tanggal 31 Desember 2023 dan 2022                            31, 2023 and 2022 amounted to Rp1,719,715,512
   masing-masing sebesar Rp1.719.715.512 dan                                   and Rp707,564,744 (Note 18) with loan outstanding
   Rp707.564.744 (Catatan 18) dengan outstanding                               of     Rp6,228,669,396        and     Rp636,277,117,
   pinjaman masing-masing sebesar Rp6.228.669.396                              respectively. Demand deposits that are pledged as
   dan Rp636.277.117. Giro yang dijadikan jaminan                              cash collateral for loans as of December 31, 2023
   tunai untuk pinjaman yang diberikan pada tanggal                            and 2022 amounted to Rp320,546,300 and
   31 Desember 2023 dan 2022 masing-masing                                     Rp118,115,313 (Note 18) with loan outstanding of
   sebesar    Rp320.546.300 dan Rp118.115.313                                  Rp730,857,049 and Rp138,038,686, respectively.
   (Catatan 18) dengan outstanding pinjaman masing-                            Saving deposits that are pledged as cash collateral
   masing       sebesar       Rp730.857.049       dan                          for loans as of December 31, 2023 amounted to
   Rp138.038.686. Tabungan yang dijadikan jaminan                              Rp149,150,000 (Note 18) with loan outstanding of
   tunai untuk pinjaman yang diberikan pada tanggal                            Rp409,964,166. Negotiable Certificate Deposits
   31 Desember 2023 sebesar Rp149.150.000                                      (NCD) that are pledged as cash collateral for loans
   (Catatan 18) dengan outstanding pinjaman sebesar                            as of December 31, 2023 amounted to
   Rp409.964.166. Negotiable Certificate Depotit                               Rp116,900,000 (Note 18) with loan outstanding of
   (NCD) yang dijadikan jaminan tunai untuk pinjaman                           Rp82,181,253.
   yang diberikan pada tanggal 31 Desember 2023
   sebesar Rp116.900.000 (Catatan 18) dengan
   outstanding pinjaman sebesar Rp82.181.253.

12. PENYERTAAN SAHAM                                                    12. INVESTMENTS IN SHARES

                                                                   31 Desember/December 31
                                           Kepemilikan/
                                            Ownership                   2023                  2022

   Diukur pada FVTPL                                                                                                      Measured at FVTPL
   PT Bima Multi Finance                           34,91%                          0*)         31.877.279                PT Bima Multi Finance

   Entitas asosiasi:                                                                                                        Associate Entity:
   PT Bank Victoria Syariah                                                                                            PT Bank Victoria Syariah
     (Lihat Catatan 48)                            19,81%           215.930.505               210.227.044                      (See Note 48)

   Jumlah                                                           215.930.505               242.104.323                                     Total


   *) nilai wajar saham PT Bima Multi Finance adalah sebesar Rp1               *) fair value of shares in PT Bima Multi Finance are Rp1 (in full amount)
      (dalam nilai penuh)




                                                                   89
Page 563
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


12. PENYERTAAN SAHAM (lanjutan)                                 12. INVESTMENTS IN SHARES (continued)

   Pada tanggal 15 Desember 2023, Bank melakukan                    On December 15, 2023, the Bank sold its shares
   transaksi penjualan atas saham yang dimiliki pada                ownership in PT Bima Multi Finance to PT Sumber
   PT Bima Multi Finance kepada PT Sumber Daya                      Daya Sakti with selling price of Rp80.297. The
   Sakti dengan harga jual sebesar Rp80.297. Nilai jual             selling value is above the result of valuation
   ditentukan diatas hasil penilaian yang dilakukan oleh            performed by KJPP Tri, Santi & Partners dated
   KJPP Tri, Santi & Rekan tertanggal 8 Desember                    December 8, 2023. As of the date of this financial
   2023. Sampai dengan tanggal laporan keuangan ini,                statements, the share transfer transaction is still in
   transaksi pengalihan saham masih dalam proses                    the process of registering and recording in Ministry
   pelaporan dan pencatatan di Kementerian Hukum                    of Law and Human Rights of the Republic of
   dan Hak Asasi Manusia Republik Indonesia oleh PT                 Indonesia. As of December 31, 2023, the Bank has
   Bima Multi Finance. Pada tanggal 31 Desember                     recorded a loss from decrease in fair value on
   2023, Bank telah mencatat kerugian penurunan nilai               shares ownership in PT Bima Multi Finance
   wajar atas penyertaan saham PT Bima Multi                        amounting to Rp31,877,279, therefore the balance
   Finance sebesar Rp31.877.279, sehingga nilai                     of investment in shares in PT Bima Multi Finance is
   tercatat penyertaan saham di PT Bima Multi Finance               Rp1 (in full amount) as of December 31, 2023.
   adalah Rp1 (dalam nilai penuh) per 31 Desember
   2023.

   Dalam rangka memenuhi modal inti sebesar                         In order to fulfill the minimum core capital
   Rp1.000.000.000 (satu triliun rupiah) di PT Bank                 requirement amounting to Rp1,000,000,000 (one
   Victoria Syariah, Bank melakukan penambahan                      trillion Rupiah) for PT Bank Victoria Syariah, Bank
   penyertaan modal kepada Bank Victoria Syariah                    has injected an additional investment in
   sebesar Rp138.000.000 yang telah mendapat                        PT Bank Victoria Syariah shares amounting to
   persetujuan dari Otoritas Jasa Keuangan (OJK)                    Rp138,000,000 which has been approved by
   melalui surat No. S-137/PB.33/2022 tanggal                       Financial     Service   Authority   through    letter
   27 Desember 2022.                                                No. S-137/PB.33/2022 dated December 27, 2022.

   Berdasarkan Berita Acara Rapat Umum Luar Biasa                   Based on the         Minutes of Extraordinary
   para Pemegang Saham PT Bima Multi Finance                        Shareholders Meeting of PT Bima Multi Finance
   tertanggal 12 November 2018 dan Akta Notaris                     dated November 12, 2018 and Notarial Deed No. 19
   No. 19 tanggal 12 Maret 2019 yang dibuat                         dated March 12, 2019 of Drs. Wijanto Suwongso,
   dihadapan Drs. Wijanto Suwongso, SH., Notaris di                 S.H., a Notary in Jakarta, Bank and the other
   Jakarta, Bank dan beberapa kreditur lainnya telah                creditors have agreed on the convertion from long
   menyetujui konversi pinjaman jangka panjang dan                  term loan and MTN of PT Bima Multi Finance into
   MTN PT Bima Multi Finance menjadi saham dengan                   shares with convertion rate of Rp500 per shares
   nilai konversi Rp500 per lembar saham (nilai Rupiah              (Rupiah full amount). This changes has been
   penuh). Perubahan ini telah diterima dan dicatat di              accepted and recorded in database of Legal Entities
   dalam database Sistem Administrasi Badan Hukum                   Administration System of the Ministry of Law and
   Kementerian Hukum dan Hak Asasi Manusia                          Human Rights of the Republic of Indonesia in its
   Republik       Indonesia      berdasarkan     Surat              Letter No. AHU-AH.01.03-0151322 dated March 15,
   No. AHU-AH.01.03-0151322 tanggal 15 Maret 2019.                  2019. From this convertion process, Bank has
   Melalui proses konversi ini, Bank memiliki                       34.91% percentage of ownership in PT Bima Multi
   persentase kepemilikan sebesar 34,91% di                         Finance and recorded as temporary investment in
   PT Bima Multi Finance dan mencatatnya sebagai                    shares amounted to Rp168,907,325 (gross). After
   penyertaan       saham       sementara      sebesar              recording a temporary investment in shares, the
   Rp168.907.325       (bruto).    Setelah   mencatat               Bank no longer recognise the loans and MTN in
   penyertaan saham sementara, Bank tidak lagi                      PT Bima Multi Finance.
   mengakui pinjaman yang diberikan dan MTN pada
   PT Bima Multi Finance.




                                                           90
Page 564
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

         PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
          CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
           Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
        Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
             (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
                 Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


12. PENYERTAAN SAHAM (lanjutan)                                12. INVESTMENTS IN SHARES (continued)

   Bank wajib untuk melakukan divestasi penyertaan                Banks are obliged to divest temporary investment in
   saham sementara apabila penyertaan saham                       shares if the temporary investment in shares have
   sementara telah melebihi jangka waktu paling lama              exceeded a maximum period of 5 (five) years or
   5 (lima) tahun atau PT Bima Multi Finance telah                PT Bima Multi Finance has recorded positive
   mencatatkan saldo laba positif pada ekuitasnya. Hal            retained earnings in their equity. This is in
   ini sesuai dengan intensi dari Bank untuk menjual              accordance with the Bank's intention to sell the
   penyertaan saham sementara pada PT Bima Multi                  temporary investment in PT Bima Multi Finance if it
   Finance apabila telah memenuhi kriteria yang                   has meets the specified criteria.
   ditentukan.

   Bank juga tidak memiliki pengaruh signifikan pada              Bank also does not have a significant influence on
   PT Bima Multi Finance dibuktikan dengan:                       PT Bima Multi Finance as evidenced by:

   i.     Tidak terdapat wakil dari Bank yang menjabat             i.      There is no representative from the Bank who
          sebagai Dewan Direksi dan Dewan Komisaris                        serves as the Board of Directors and the Board
          atau organ setara di PT Bima Multi Finance;                      of the Commissioners or equivalent organs in
                                                                           PT Bima Multi Finance;
   ii.    Bank tidak berpartisipasi dalam proses                   ii.     The Bank does not participate in the policy-
          pembuatan     kebijakan,    termasuk    dalam                    making process, including participation in
          partisipasi dalam pengambilan keputusan                          decision-making about dividends or other
          tentang dividen atau distribusi lain pada                        distributions in PT Bima Multi Finance;
          PT Bima Multi Finance;
   iii.   Tidak adanya transaksi material antara Bank              iii.There is no material transaction between the
          dengan PT Bima Multi Finance;                                Bank and PT Bima Multi Finance;
   iv.    Tidak terdapat pertukaran personil manajerial            iv. There is no managerial personnel exchange
          antara Bank dengan PT Bima Multi Finance;                    between the Bank and PT Bima Multi Finance;
          dan                                                          and
   v.     Bank tidak terlibat dalam penyediaan teknis              v. The Bank is not involved in providing principal
          informasi pokok untuk PT Bima Multi Finance.                 technical information for PT Bima Multi Finance.

   Lihat Catatan 46 untuk pengukuran nilai wajar                   Refer to Note 46 for fair value measurement of
   penyertaan saham sementara pada tanggal                         temporary investment in shares as of December 31,
   31 Desember 2023 dan 2022.                                      2023 and 2022.


13. BIAYA DIBAYAR DIMUKA                                       13. PREPAID EXPENSES
                                               31 Desember/December 31,

                                               2023                 2022

   Promosi                                      17.034.405               13.650.866                                   Promotion
   Pengembangan teknologi                        3.152.376                3.225.434                      Technology development
   Sewa dibayar dimuka                             877.362                   61.337                                 Prepaid rent
   Lain-lain                                     4.400.881                2.777.040                                       Others

   Jumlah                                       25.465.024               19.714.677                                          Total


   Lain-lain sebagian besar terdiri dari premi asuransi            Others mainly consists of prepaid insurances,
   dibayar dimuka, biaya dibayar dimuka personalia                 prepaid salaries expenses and legal fees.
   dan biaya jasa hukum.




                                                          91
Page 565
                                                                                            The original financial statements included herein are in
                                                                                                                              Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                   PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                      As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                     for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                    (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)


14. ASET TETAP DAN ASET HAK-GUNA                                                  14. FIXED ASSETS AND RIGHT-OF-USE ASSETS
   Aset tetap terdiri dari:                                                           Fixed assets consist of the following:
                                                          31 Desember/December 31,

                                                           2023                        2022

   Kepemilikan langsung                                   376.477.361                  435.038.435                                     Direct ownership
   Aset hak-guna                                           46.749.843                   35.814.592                                   Right-of-use assets

   Jumlah                                                 423.227.204                  470.853.027                                                   Total


   Aset tetap kepemilikan langsung                                                    Direct ownership fixed assets
                                                                 31 Desember/December 31, 2023

                              Saldo awal/        Penambahan/     Pengurangan/     Kapitalisasi/   Reklasifikasi/     Saldo akhir/
                           Beginning balance       Additions      Deductions      Capitalisation Reclassification   Ending balance
   Biaya Perolehan                                                                                                                        Acquisition Cost
   Kepemilikan langsung:                                                                                                                  Direct ownership:
   Tanah                          371.644.982                -     (44.913.045)         350.580      (10.944.771)         316.137.746                   Land
   Bangunan                        59.090.423        1.613.152      (6.366.089)         149.000       (3.484.833)          51.001.653               Buildings
   Kendaraan bermotor               6.030.655        2.099.300          (4.800)               -                 -           8.125.155                Vehicles
   Mesin-mesin dan                                                                                                                            Machinery and
      peralatan                     30.603.912      12.079.980       (274.690)                -                 -          42.409.202           equipment
   Perlengkapan dan                                                                                                                      Office furniture and
      perabotan kantor               6.317.231        398.594          (68.075)               -                 -            6.647.750          equipment
   Aset tetap dalam                                                                                                                            Assets under
      proses pembangunan            21.086.752          4.774       (1.450.000)               -         (350.580)          19.290.946        constructions

   Jumlah biaya                                                                                                                            Total acquisition
      perolehan                   494.773.955       16.195.800     (53.076.699)         499.580      (14.780.184)         443.612.452               cost

   Akumulasi                                                                                                                                  Accumulated
      Penyusutan                                                                                                                           Depreciation
   Kepemilikan langsung:                                                                                                                  Direct ownership:
   Bangunan                         24.792.291       6.296.274      (2.246.808)               -       (1.161.033)          27.680.724               Buildings
   Kendaraan bermotor                5.642.107         290.984          (4.800)               -                 -           5.928.291                Vehicles
   Mesin-mesin dan                                                                                                                            Machinery and
      peralatan                     23.339.109       4.351.117       (274.514)                -                 -          27.415.712           equipment
   Perlengkapan dan                                                                                                                      Office furniture and
      perabotan kantor               5.962.013        216.426          (68.075)               -                 -            6.110.364          equipment

   Jumlah akumulasi                                                                                                                       Total accumulated
      penyusutan                    59.735.520      11.154.801      (2.594.197)               -       (1.161.033)          67.135.091        depreciation

   Nilai buku bersih              435.038.435                                                                             376.477.361     Net book value

                                                                 31 Desember/December 31, 2022

                              Saldo awal/        Penambahan/     Pengurangan/     Kapitalisasi/   Reklasifikasi/     Saldo akhir/
                           Beginning balance       Additions     Deductions*)     Capitalisation Reclassification   Ending balance
   Biaya Perolehan                                                                                                                        Acquisition Cost
   Kepemilikan langsung:                                                                                                                  Direct ownership:
   Tanah                          412.385.631                -     (14.574.092)               -      (26.166.557)         371.644.982                   Land
   Bangunan                        73.103.906                -      (3.455.173)               -      (10.558.310)          59.090.423               Buildings
   Kendaraan bermotor               8.426.186                -      (2.395.531)               -                 -           6.030.655                Vehicles
   Mesin-mesin dan                                                                                                                            Machinery and
      peralatan                    28.408.466        7.236.404      (5.040.958)               -                 -          30.603.912           equipment
   Perlengkapan dan                                                                                                                      Office furniture and
      perabotan kantor               7.576.000        285.464       (1.544.233)               -                 -           6.317.231           equipment
   Aset tetap dalam                                                                                                                            Assets under
      proses pembangunan           21.081.980           4.774               (2)               -                 -          21.086.752        constructions

   Jumlah biaya                                                                                                                            Total acquisition
      perolehan                   550.982.169        7.526.642     (27.009.989)               -      (36.724.867)         494.773.955               cost

   Akumulasi                                                                                                                                  Accumulated
      Penyusutan                                                                                                                           Depreciation
   Kepemilikan langsung:                                                                                                                  Direct ownership:
   Bangunan                         19.280.356       9.609.703        (670.046)               -       (3.427.722)          24.792.291               Buildings
   Kendaraan bermotor                7.051.855         970.946      (2.380.694)               -                 -           5.642.107                Vehicles
   Mesin-mesin dan                                                                                                                            Machinery and
      peralatan                     25.777.066       2.498.941      (4.936.898)               -                 -          23.339.109           equipment
   Perlengkapan dan                                                                                                                      Office furniture and
      perabotan kantor               7.191.454        250.144       (1.479.585)               -                 -           5.962.013           equipment

   Jumlah akumulasi                                                                                                                       Total accumulated
      penyusutan                    59.300.731      13.329.734      (9.467.223)               -       (3.427.722)          59.735.520        depreciation

   Nilai buku bersih              491.681.438                                                                             435.038.435     Net book value




                                                                           92
Page 566
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


14. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                  14. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                 (continued)

   Aset tetap kepemilikan langsung (lanjutan)                   Direct ownership fixed assets (continued)

   Rincian laba/(rugi) penjualan aset tetap adalah              The details of gain/(loss) on sale of fixed assets are
   sebagai berikut:                                             as follows:
                                             31 Desember/December 31,

                                             2023                2022

   Hasil penjualan aset tetap                 45.395.525          17.394.945             Proceeds from sale of fixed assets
   Nilai buku                                (49.032.326)        (17.177.219)                                   Book value
   Laba/(rugi) penjualan                                                                               Gain/(loss) on sale
     aset tetap (Catatan 36)                  (3.636.801)           217.726                    of fixed assets (Note 36)


   Laba/(rugi) penjualan aset tetap disajikan sebagai           Gain/(loss) on sale of fixed assets is presented as
   bagian dari akun “Beban non-operasional - bersih”            part of “Non-operating expense - net” in the
   pada laporan laba rugi dan penghasilan                       statement profit or loss and other comprehensive
   komprehensif (Catatan 36).                                   income (Note 36).

   Aset tetap dalam proses pembangunan pada                     Assets under construction as of December 31, 2023
   tanggal 31 Desember 2023 dan 2022 masing-                    and 2022 amounting to Rp19,290,946 and
   masing sebesar Rp19.290.946 dan Rp21.081.980                 Rp21,081,980, respectively, related to land and
   merupakan tanah dan bangunan yang dibeli dan                 buildings that were bought but still under licensing
   masih dalam tahap perizinan dan perpanjangan                 phase and extension of Rights to Build (SHGB). The
   Surat Hak Guna Bangunan (SHGB). Estimasi                     estimated percentage of completion of Construction
   persentase tingkat penyelesaian aset tetap dalam             in progress as of December 31, 2023 and 2022 is
   proses pembangunan pada tanggal 31 Desember                  90%. Those constructions are estimated to be
   2023 dan 2022 adalah 90%. Konstruksi tersebut                completed in 2024.
   diperkirakan akan selesai pada tahun 2024.

   Bank memiliki beberapa bidang tanah yang terletak            The Bank own several fields of land in Jakarta,
   di Jakarta, Surabaya, dan Denpasar dengan hak                Surabaya, and Denpasar with Building Usage Rights
   kepemilikan berupa Hak Guna Bangunan yang                    (“HGB”) for 20 (twenty) up to 30 (thirty) years which
   berjangka waktu antara 20 (dua puluh) sampai                 will expire in various years up to 2046. The
   dengan 30 (tiga puluh) tahun yang akan jatuh tempo           management believes that there will be no difficulty
   dalam berbagai tahun sampai tahun 2046.                      in the extension of the land rights since all of the
   Manajemen berpendapat bahwa tidak terdapat                   land were acquired legally and supported by
   masalah dengan perpanjangan hak atas tanah                   sufficient evidence of ownership.
   karena seluruh tanah diperoleh secara sah dan
   didukung dengan bukti pemilikan yang memadai.

   Aset tetap, kecuali tanah, diasuransikan terhadap           Fixed assets, except land, are insured against
   risiko kebakaran dan pencurian kepada PT Victoria           losses by fire and theft risks to PT Victoria Insurance
   Insurance (pihak berelasi), PT Zurich Asuransi              (related party), PT Zurich Asuransi Indonesia Tbk
   Indonesia Tbk dan PT Asuransi Takaful Umum                  dan PT Asuransi Takaful Umum with total insurance
   dengan nilai pertanggungan seluruhnya pada                  coverage as of December 31, 2023 and 2022
   tanggal 31 Desember 2023 dan 2022 masing-                   amounting Rp160,234,700 and Rp177,223,197,
   masing       sebesar      Rp160.234.700       dan           respectively. The Bank’s management believe that
   Rp177.223.197. Manajemen Bank berpendapat                   the insurance coverage is adequate to cover
   bahwa nilai pertanggungan tersebut telah memadai            possible losses on fixed assets insured.
   untuk menutup kemungkinan kerugian atas aset
   tetap yang dipertanggungkan.




                                                        93
Page 567
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                         PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                            As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                           for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                          (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)


14. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                            14. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                           (continued)

   Aset tetap kepemilikan langsung (lanjutan)                                Direct ownership fixed assets (continued)


   Seluruh aset tetap yang ada pada tanggal                                 All of the fixed assets as of the reporting date
   pelaporan 31 Desember 2023 dan 2022 digunakan                            December 31, 2023 and 2022 are used to support
   untuk menunjang aktivitas operasi Bank. Pada                             the Bank’s operation activities. As of December 31,
   tanggal 31 Desember 2023 dan 2022, jumlah nilai                          2023 and 2022, the total acquisition cost of fixed
   perolehan aset tetap yang telah disusutkan penuh                         assets that have been fully depreciated but still in
   namun masih digunakan masing-masing adalah                               use amounted Rp50,576,817 and Rp44,227,241,
   sebesar Rp50.576.817 dan Rp44.227.241.                                   respectively.

   Manajemen Bank telah melakukan pengkajian                                 The Bank’s Management has re-assessed the
   kembali atas estimasi umur ekonomis, metode                               estimation of useful lives,depreciation method and
   penyusutan dan nilai residu aset tetap pada tanggal                       residual value of fixed assets on December 31,
   31 Desember 2023 dan 2022.                                                2023 and 2022.

   Tidak terdapat aset tetap yang dihentikan dari                            There are no fixed assets discontinued from active
   penggunaan aktif atau diklasifikasikan sebagai                            use or classified as assets held for sale.
   tersedia untuk dijual.


   Berikut adalah perkiraan jumlah nilai tercatat aset                      Below is the estimated net book value of fixed asset
   tetap jika dicatat dengan metode biaya pada tanggal                      if recorded using cost method as of December 31,
   31 Desember 2023 dan 2022:                                               2023 and 2022:

                                                    31 Desember/December 31,

                                                     2023                    2022

   Tanah                                            275.568.597              331.075.833                                                Land
   Bangunan                                           7.761.128               18.738.330                                             Building
   Kendaraan Bermotor                                 2.196.864                  388.548                                              Vehicle
   Mesin dan Peralatan                               14.993.490                7.264.803                           Machinery and equipment
   Perlengkapan dan perabotan kantor                    537.386                  355.218                      Office furniture and equipment
   Aset dalam penyelesaian                           19.636.752               21.086.752                          Assets under constructions

                                                    320.694.217              378.909.484


   Aset hak-guna                                                            Right-of-use assets

   Aset hak-guna pada 31 Desember 2023 dan 2022                             Rights-of-use assets as of December 31, 2023 and
   adalah sebagai berikut:                                                  2022 are as follows:
                                                        31 Desember/ December 31, 2023
                          Saldo awal/       Penambahan/         Pengurangan/          Reklasifikasi/         Saldo akhir/
                       Beginning balance      Additions           Disposals          Reclassification       Ending balance

   Aset hak-guna                                                                                                                Right-of-use assets
   Bangunan                    49.959.422         21.754.777           (10.240.056)                     -          61.474.143              Buildings

   Akumulasi                                                                                                                         Accumulated
      Penyusutan                                                                                                                   Depreciation
   Bangunan                    14.144.830         10.819.526           (10.240.056)                     -          14.724.300            Buildings


   Nilai buku bersih           35.814.592                                                                          46.749.843       Net book value




                                                                  94
Page 568
                                                                                     The original financial statements included herein are in
                                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                            PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                               As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                              for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                             (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)


14. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                               14. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                              (continued)

   Aset hak-guna (lanjutan)                                                    Right-of-use assets (continued)

   Aset hak-guna pada 31 Desember 2023 dan 2022                                Rights-of-use assets as of December 31, 2023 and
   adalah sebagai berikut: (lanjutan)                                          2022 are as follows: (continued)

                                                           31 Desember/ December 31, 2022
                            Saldo awal/        Penambahan/         Pengurangan/          Reklasifikasi/           Saldo akhir/
                         Beginning balance       Additions          Disposals*)         Reclassification         Ending balance

   Aset hak-guna                                                                                                                     Right-of-use assets
   Bangunan                       48.499.676         32.946.006           (31.486.260)                     -            49.959.422              Buildings
   Akumulasi                                                                                                                              Accumulated
      Penyusutan                                                                                                                        Depreciation
   Bangunan                       32.061.766          9.379.512           (27.296.448)                     -            14.144.830            Buildings


   Nilai buku bersih              16.437.910                                                                            35.814.592       Net book value


   *)   Termasuk dalam pengurangan adalah dampak kehilangan                                Include in deductions is the impact of loss of control (*
        pengendalian atas entitas anak                                                                                             on subsidiary

   Pada tanggal 31 Desember 2023 dan 2022,                                     As of December 31, 2023 and 2022, depreciation
   penyusutan yang tercatat pada Bank adalah sebagai                           expense recorded by the Bank as follows:
   berikut:

                                                       31 Desember/December 31,

                                                        2023                    2022

   Penyusutan aset tetap                                11.154.801                13.329.734                          Depreciation of fixed asset
   Penyusutan sewa guna usaha                           10.819.526                 9.379.512                   Depreciation of right-of-use assets

   Jumlah                                               21.974.327                22.709.246                                                      Total


   Laporan posisi keuangan menunjukkan jumlah                                  The balance sheet shows the following amounts
   terkait sewa adalah sebagai berikut:                                        relating to leases:

                                                       31 Desember/December 31,

                                                        2023                    2022

   Aset hak-guna:                                                                                                              Right-of-use assets:
     - Bangunan                                         46.749.843                35.814.592                                             Buildings -

                                                        46.749.843                35.814.592

   Liabilitas sewa (Catatan 23)                         47.309.526                33.100.288                             Lease liabilities (Note 23)

                                                        47.309.526                33.100.288


   Laporan laba rugi menunjukkan jumlah terkait sewa                           The statement of profit or loss shows the following
   adalah sebagai berikut:                                                     amounts relating to leases:

                                                       31 Desember/December 31,

                                                        2023                    2022

   Beban penyusutan                                     10.819.526                 9.379.512                                Depreciation expense
   Beban bunga (Catatan 33)                              2.854.679                 1.002.883                           Interest expense (Note 33)

   Jumlah                                              13.674.205                 10.382.395                                                      Total




                                                                     95
Page 569
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                            PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                               As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                             (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)


14. ASET TETAP DAN ASET HAK-GUNA (lanjutan)                   14. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                  (continued)

   Revaluasi aset tetap                                          Fixed asset revaluation

   Penilaian pada nilai wajar aset tetap yang dimiliki           Valuation to determine the fair value of the Bank’s
   Bank pada 31 Desember 2020 telah dilakukan oleh               fixed assets as of December 31, 2020 was
   Kantor Jasa Penilai Publik (“KJPP”) Antonius                  performed by Kantor Jasa Penilai Publik (“KJPP”)
   Setiady dan Rekan dengan laporan penilaian                    Antonius Setiady dan Rekan with valuation report
   tertanggal 26 Februari 2021, yang kemudian                    dated February 26, 2021, which was subsequently
   diterbitkan kembali dengan laporan penilaian                  reissued with valuation report dated July 27, 2022 to
   tertanggal 27 Juli 2022 untuk menggantikan                    replace the valuation report dated February 26,
   penilaian tertanggal 26 Februari 2021 tersebut.               2021. The valuation report was signed by Andrius
   Laporan penilaian ditandatangani oleh Andrius                 Hermawan, MAPPI (Cert), independent appraiser
   Hermawan, MAPPI (Cert), penilai independen yang               registered in OJK.
   telah terdaftar pada OJK.

   Metode penilaian yang digunakan adalah Metode                 Valuation method used is Market Data Approach
   Pendekatan Data Pasar dan Metode Biaya. Data                  and Cost Approach Method. Comparative data to
   pembanding untuk menentukan nilai wajar aset                  determine fair value asset is obtained from data of
   diperoleh dari data transaksi jual beli dari aset             sale and purchase transactions from comparable
   sebanding dengan menyesuaikan perbedaan-                      assets by adjusting differences between assets
   perbedaan antara aset yang dinilai dengan data                valued and comparable data. This comparison is
   pembanding. Perbandingan ini juga menyangkut                  also concerns factors such as location, size, shape,
   berbagai faktor seperti lokasi, luas, bentuk,                 characteristics and function based on its time and
   karakteristik dan kegunannya berdasarkan unsur                intended used.
   waktu dan peruntukannya.

   Surplus     revaluasi      tahun  2020      sebesar           The revaluation surplus on 2020 of Rp56,128,951
   Rp56.128.951 telah dikreditkan pada pendapatan                was credited to other comprehensive income and
   komprehensif lainnya dan disajikan sebagai “Surplus           presented as “Gain on revaluation of fixed assets” in
   revaluasi aset tetap” di ekuitas.                             equity.

   Pada tanggal 31 Desember 2021, terdapat                       As of December 31, 2021, Bank has additional of
   penambahan atas saldo revaluasi aset tetap                    revaluation surplus of fixed assets amounted
   sebesar Rp7.083.877 disebabkan oleh pembalikan                Rp7,083,877 from reversal of tax reserve provided
   cadangan pajak yang dibentuk oleh Bank atas                   in 2020 for revaluation surplus of fixed assets
   surplus revaluasi aset tetap tahun 2020.                      in 2020.

   Pada tanggal 31 Desember 2023 dan 2022 saldo                  As of December 31, 2023 and 2022, gain on
   surplus revaluasi aset tetap masing-masing adalah             revaluation of fixed assets amounted to
   sebesar Rp382.456.152 dan Rp382.456.152.                      Rp382,456,152 and Rp382,456,152, respectively.


15. AGUNAN YANG DIAMBIL ALIH                                  15. FORECLOSED ASSETS

   Agunan yang diambil alih untuk penyelesaian                   Foreclosed assets in settlement of loans are
   pinjaman yang diberikan dicatat dalam akun Agunan             included in Foreclosed assets (“AYDA”) account.
   yang Diambil Alih (“AYDA”). Rincian dalam akun ini            The details in the account are as follows:
   adalah:

                                              31 Desember/December 31,

                                              2023                2022

   Tanah dan bangunan                         802.486.682       1.237.844.890                             Land and building
   Dikurangi:                                                                                                          Less:
   Cadangan kerugian                                                                                           Allowance for
     penurunan nilai                         (251.870.489)       (306.834.651)                          impairment losses

                                              550.616.193        931.010.239



                                                         96
Page 570
                                                                                         The original financial statements included herein are in
                                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)


15. AGUNAN YANG DIAMBIL ALIH (lanjutan)                                      15. FORECLOSED ASSETS (continued)
   Berdasarkan Peraturan Otoritas Jasa Keuangan                                    Based on Financial Service Authority Regulation
   (POJK) No. 40/POJK.03/2019 tanggal 19 Desember                                  No. 40/POJK.03/2019 dated December 19, 2019
   2019 tentang “Penilaian Kualitas Aktiva Bank                                    regarding “Asset Quality Ratings for Commercial
   Umum”, khususnya agunan yang diambil alih, Bank                                 Banks” and particularly on the foreclosed assets, the
   diwajibkan untuk melakukan upaya penyelesaian                                   Bank is required to have an action plan for
   terhadap agunan yang diambil alih yang dimiliki.                                settlement of its foreclosed assets.
   Mutasi nilai agunan yang diambil alih adalah                                    The changes in foreclosed assets are as follows:
   sebagai berikut:
                                                         31 Desember/December 31,

                                                            2023                    2022

   Saldo awal                                         1.237.844.890               1.436.697.691                                  Beginning balance
   Penambahan selama tahun berjalan                               -                 193.324.072                               Addition during the year
   Pengurangan selama tahun berjalan                   (435.358.208)               (279.521.470)                             Deduction during the year
   Dampak kehilangan pengendalian                                                                                                      Loss of control
     entitas anak                                                       -          (112.655.403)                                       on subsidiary

   Saldo akhir                                           802.486.682              1.237.844.890                                           Ending balance


   Mutasi cadangan kerugian penurunan nilai untuk                                  The changes in allowance for impairment losses of
   agunan yang diambil alih adalah sebagai berikut:                                forecosed assets are as follows:
                                                         31 Desember/December 31,

                                                            2023                    2022

   Saldo awal                                             306.834.651               282.641.086                                  Beginning balance
   Penambahan selama tahun berjalan                        48.469.233                47.616.890                               Addition during the year
   Pengurangan selama tahun berjalan                     (103.433.395)                        -                              Deduction during the year
   Dampak kehilangan pengendalian                                                                                                      Loss of control
     entitas anak                                                       -           (23.423.325)                                       on subsidiary

   Saldo akhir                                           251.870.489                306.834.651                                           Ending balance


   Manajemen berpendapat bahwa cadangan kerugian                                   Management believes that the allowance for
   penurunan nilai yang telah dibentuk cukup untuk                                 impairment losses is adequate to cover possible
   menutup kemungkinan kerugian atas agunan yang                                   losses from foreclosed assets.
   diambil alih.

16. ASET TAK BERWUJUD                                                        16. INTANGIBLE ASSETS
                                                             31 Desember/ December 31, 2023
                          Saldo awal/                                                                                    Saldo akhir/
                          Beginning        Penambahan/       Pengurangan/         Kapitalisasi/        Reklasifikasi/      Ending
                           balance          Additions         Deductions         Capitalisation       Reclassification     balance
   Biaya Perolehan           16.530.098         7.289.250                    -                    -                  -       23.819.348    Acquisition Cost
   Dikurangi: Akumulasi                                                                                                                  Less: Accumulated
      amortisasi            (13.998.914)      (1.627.621)                    -                    -                  -      (15.626.535)     amortisation
   Nilai buku                 2.531.184                                                                                       8.192.813     Net book value

                                                             31 Desember/ December 31, 2022
                          Saldo awal/                                                                                    Saldo akhir/
                          Beginning        Penambahan/       Pengurangan/         Kapitalisasi/        Reklasifikasi/      Ending
                           balance          Additions        Deductions*)        Capitalisation       Reclassification     balance
   Biaya Perolehan           22.680.126        1.879.808           (8.029.836)                    -                  -       16.530.098     Acquisition Cost
   Dikurangi: Akumulasi                                                                                                                  Less: Accumulated
      amortisasi            (19.485.950)      (1.538.595)          7.025.631                      -                  -      (13.998.914)     amortisation
   Nilai buku                 3.194.176                                                                                       2.531.184     Net book value

   *)   Termasuk dalam pengurangan adalah dampak kehilangan                                       Include in deductions is the impact of loss of control (*
        pengendalian atas entitas anak                                                                                                    on subsidiary



                                                                        97
Page 571
                                                                   The original financial statements included herein are in
                                                                                                     Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


16. ASET TAK BERWUJUD (lanjutan)                            16. INTANGIBLE ASSETS (continued)

   Aset tak berwujud yang dimiliki oleh Bank berupa            Intangible assets held by the Bank is application
   lisensi aplikasi yang dibeli oleh Bank.                     license purchased by the Bank.

   Amortisasi yang dicatat oleh Bank masing-masing             Amortisation recorded by the Bank amounted to
   sebesar Rp1.627.621 dan Rp1.538.595 untuk tahun             Rp1,627,621 and Rp1,538,595 the years ended
   yang berakhir pada tanggal 31 Desember 2023 dan             December 31, 2023 and 2022, respectively (Note
   2022 (Catatan 33).                                          33).

   Berdasarkan penelaahan manajemen, tidak terdapat            Based on the management assessment, there are
   kejadian   atau   perubahan   keadaan       yang            no events or changes in circumstances indicating an
   mengindikasikan adanya penurunan nilai aset tak             impairment of intangible assets as of December 31,
   berwujud pada tanggal 31 Desember 2023 dan                  2023 and 2022.
   2022.


17. ASET LAIN-LAIN                                          17. OTHER ASSETS

                                            31 Desember/December 31,

                                            2023                2022

   Uang muka pada pihak ketiga               43.213.258          26.570.414              Advance payment to third parties
   Properti terbengkalai                     33.794.570          36.158.934                         Abandoned property
   Uang jaminan                               7.941.619           6.359.307                            Security deposits
   Tagihan pihak ketiga                       4.853.701          13.893.797                Receivables from third parties
   Lain-lain                                 14.016.665          19.296.564                                       Others

                                            103.819.813         102.279.016
   Dikurangi:                                                                                                       Less:
   Cadangan kerugian penurunan nilai        (12.356.770)        (14.323.476)              Allowance for impairment losses

   Jumlah                                    91.463.043          87.955.540                                          Total


   Uang jaminan merupakan uang yang disetor                    Security deposits represent deposit pledged as
   sebagai jaminan untuk sewa gedung kantor.                   guarantee for building rental.

   Lain-lain terutama terdiri dari tagihan transaksi           Others mainly consists of foreign exchange
   valuta asing, tagihan biaya administrasi dan                transaction, administrative expense transaction and
   persediaan barang promosi.                                  promotion inventories.

   Mutasi cadangan kerugian penurunan nilai untuk              The changes in allowance for impairment losses of
   aset lain-lain adalah sebagai berikut:                      other assets are as follows:
                                            31 Desember/December 31,

                                            2023                2022

   Saldo awal                                14.323.476          13.017.686                           Beginning balance
   Penambahan/(Pengurangan)                                                                           Addition/(deduction)
     selama tahun berjalan                   (1.966.706)          1.305.790                             during the year

   Saldo akhir                               12.356.770          14.323.476                               Ending balance


   Manajemen berpendapat bahwa cadangan kerugian               Management believes that the allowance for
   penurunan nilai yang telah dibentuk cukup untuk             impairment losses is adequate to cover possible
   menutup kemungkinan kerugian atas aset lain-lain.           losses from other assets.




                                                       98
Page 572
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


18. SIMPANAN NASABAH                                          18. DEPOSITS FROM CUSTOMERS

   Semua simpanan nasabah dalam mata uang Rupiah                 All deposits from customers in Rupiah and foreign
   dan mata uang asing, terdiri dari:                            currency, consist of:

                                              31 Desember/December 31,

                                              2023                2022

   Rupiah                                                                                                              Rupiah
   Negotiable Certificate Deposits            440.000.000        220.000.000                    Negotiable Certificate Deposit
   Dikurangi:                                                                                                            Less:
     Diskonto                                  (42.800.790)        (7.978.260)                                      Discount
     Beban emisi yang belum diamortisasi        (2.890.637)        (1.180.843)                   Unamortized issuance cost
   Deposito berjangka                      16.044.264.144      13.158.803.446                                  Time deposits
   Tabungan                                 2.881.781.337       3.148.224.256                               Savings deposits
   Giro                                     2.417.884.361       2.318.053.678                               Demand deposits

   Sub jumlah                              21.738.238.415      18.835.922.277                                        Sub total


   Mata uang asing                                                                                          Foreign currency
   Deposito berjangka                         624.320.546        470.087.691                                    Time deposits
   Giro                                        66.621.531         65.827.669                                 Demand deposits

   Sub jumlah                                 690.942.077        535.915.360                                         Sub total

   Jumlah                                  22.429.180.492      19.371.837.637                                            Total

   Simpanan nasabah dalam mata uang asing adalah                 All deposits from customers in foreign currency are
   Dolar Amerika Serikat, Dolar Singapura, Euro                  denominated in United States Dollar, Singapore
   Eropa, dan Yen Jepang.                                        Dollar, European Euro, and Japanese Yen.

   a.   Giro                                                     a.    Demand Deposits

        i.    Berdasarkan pihak lawan                                  i.    By counterparties

                                              31 Desember/December 31,

                                              2023                2022

              Pihak berelasi                  652.841.415         246.769.560                                  Related parties
              Pihak ketiga                  1.831.664.477       2.137.111.787                                    Third parties

              Jumlah                        2.484.505.892       2.383.881.347                                            Total


        ii.   Berdasarkan mata uang                                    ii.   By currency

                                              31 Desember/December 31,

                                              2023                2022

              Rupiah                        2.417.884.361       2.318.053.678                                         Rupiah
              Dolar Amerika                    60.590.713          60.167.684                             United States Dollar
              Yen Jepang                        2.576.994           2.391.190                                  Japanese Yen
              Dolar Singapura                   1.902.282             398.745                                Singapore Dollar
              Euro Eropa                        1.551.542           2.870.050                                  European Euro

              Jumlah                        2.484.505.892       2.383.881.347                                            Total




                                                         99
Page 573
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


18. SIMPANAN NASABAH (lanjutan)                                18. DEPOSITS FROM CUSTOMERS (continued)

   a.   Giro (lanjutan)                                           a.    Demand Deposits (continued)

        Giro yang dijadikan sebagai jaminan tunai atas                       Demand     deposits     amounting     to
        pinjaman yang diberikan pada tanggal                                 Rp320,546,300     and    Rp118,115,313
        31 Desember 2023 dan 2022 masing-masing                              pledged as collateral or blocked as of
        sebesar Rp320.546.300 dan Rp118.115.313                              December 31, 2023 and 2022, respectively
        (Catatan 11).                                                        (Note 11).

   b.   Tabungan                                                  b.    Savings deposits
        Berdasarkan pihak lawan                                         By counterparties

                                              31 Desember/December 31,

                                              2023                 2022

        Rupiah                                                                                                         Rupiah
        Pihak ketiga                        2.853.784.424        3.093.821.476                                    Third parties
        Pihak berelasi                         27.996.913           54.402.780                                  Related parties

        Jumlah                              2.881.781.337        3.148.224.256                                            Total


        Tabungan yang dijadikan sebagai jaminan tunai                   Saving deposits amounting to Rp149,000,000
        atas pinjaman yang diberikan pada tanggal                       and RpNil pledged as collateral or blocked as of
        31 Desember 2023 dan 2022 masing-masing                         December 31, 2023 and 2022, respectively
        sebesar Rp149.150.000 dan RpNihil (Catatan                      (Note 11).
        11).

   c.   Deposito berjangka                                        c.    Time deposits

        (i)   Berdasarkan pihak lawan                                   (i) By counterparties

                                              31 Desember/December 31,

                                              2023                 2022

              Pihak ketiga                 16.049.699.818       13.544.452.999                                   Third parties
              Pihak berelasi                  618.884.872           84.438.138                                  Related parties

              Jumlah                       16.668.584.690       13.628.891.137                                            Total


        (ii) Berdasarkan mata uang                                      (ii) By currency

                                              31 Desember/December 31,

                                              2023                 2022

              Rupiah                       16.044.264.144       13.158.803.446                                         Rupiah
              Dolar Amerika                   624.320.546          470.087.691                             United States Dollar

              Jumlah                       16.668.584.690       13.628.891.137                                            Total


        (iii) Berdasarkan periode                                       (iii) By period
                                              31 Desember/December 31,

                                              2023                 2022

              1 bulan                       7.144.058.086        6.310.057.619                                         1 month
              3 bulan                       4.512.705.040        3.237.056.658                                        3 months
              6 bulan                       3.608.059.929        2.885.771.283                                        6 months
              12 bulan                      1.403.761.635        1.196.005.577                                       12 months

              Jumlah                       16.668.584.690       13.628.891.137                                            Total


                                                         100
Page 574
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


18. SIMPANAN NASABAH (lanjutan)                                      18. DEPOSITS FROM CUSTOMERS (continued)

   c.   Deposito berjangka (lanjutan)                                   c.     Time deposits (continued)

        (iv) Berdasarkan sisa umur sampai dengan                               (iv) By remaining period until maturity
             jatuh tempo

                                                    31 Desember/December 31,

                                                     2023                2022

            Kurang dari 1 bulan                    8.757.247.243       7.383.867.327                                Less than 1 month
            1 sampai dengan 3 bulan                4.371.648.337       3.515.512.381                                 1 up to 3 months
            3 sampai dengan 6 bulan                2.680.083.163       1.793.418.376                                 3 up to 6 months
            6 sampai dengan 12 bulan                 859.605.947         936.093.053                                6 up to 12 months

            Jumlah                                16.668.584.690      13.628.891.137                                               Total



        Deposito      berjangka   yang    dijadikan                            Time deposits which are pledged as
        sebagai jaminan tunai atas pinjaman yang                               collateral on loans as of December 31, 2023
        diberikan pada tanggal 31 Desember 2023                                and 2022 amounted to Rp1,719,715,512 and
        dan 2022 masing-masing adalah sebesar                                  Rp707,564,744, respectively (Note 11).
        Rp1.719.715.512       dan    Rp707.564.744
        (Catatan 11).
        Informasi mengenai tingkat          suku      bunga                    Informations respect        to   interest    rate    are
        diungkapkan pada Catatan 45.                                           disclosed in Note 45.

   d.   Negotiable Certificate Deposits                                 d.     Negotiable Certificate Deposits

                                                    31 Desember/December 31,

                                                     2023                2022

        Pihak ketiga                                                                                                    Third parties
        Negotiable Certificate Deposits             329.600.000         218.200.000                     Negotiable Certificate Deposit
        Dikurangi :                                                                                                              Less:
            Diskonto                                 (31.372.904)            (7.904.752)                                    Discount
            Beban emisi yang belum diamortisasi       (2.165.350)            (1.171.182)                 Unamortized issuance cost

        Sub jumlah                                  296.061.746         209.124.066                                           Sub total

        Pihak berelasi                                                                                               Related parties
        Negotiable Certificate Deposits             110.400.000              1.800.000                  Negotiable Certificate Deposit
        Dikurangi :                                                                                                              Less:
            Diskonto                                 (11.427.886)              (73.508)                                     Discount
            Beban emisi yang belum diamortisasi         (725.287)               (9.661)                  Unamortized issuance cost

        Sub jumlah                                   98.246.827              1.716.831                                        Sub total

        Jumlah                                      394.308.573         210.840.897                                                Total


        Bank      melakukan    penerbitan    Negotiable                        The bank issues a Negotiable Certificate of
        Certificate of Deposit (NCD) pada tanggal                              Deposit (NCD) on September 5, 2023,
        5 September 2023 sebesar Rp440.000.000                                 amounting to Rp440,000,000 which is divided
        yang terbagi dua seri, yaitu seri A dengan nilai                       into two series, namely series A with a value of
        sebesar Rp50.000.000 dengan suku bunga                                 Rp50,000,000 with an interest rate of 6.5% and
        6,5% dan jatuh tempo pada tanggal                                      due on September 5, 2024, and series B with a
        5 September 2024 dan seri B dengan nilai                               value of Rp390,000,000 with an interest rate of
        sebesar Rp390.000.000 dengan suku bunga                                7% and due on September 5, 2025.
        7% dan jatuh tempo pada tanggal 5 September
        2025.



                                                               101
Page 575
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


18. SIMPANAN NASABAH (lanjutan)                                  18. DEPOSITS FROM CUSTOMERS (continued)

   d.   Negotiable Certificate Deposits (lanjutan)                  d.    Negotiable Certificate Deposits (continued)

        Bank      melakukan    penerbitan    Negotiable                   Bank has issued a Negotiable Certificate of
        Certificate of Deposit (NCD) pada tanggal                         Deposit (NCD) on September 1, 2022 amounting
        1 September 2022 sebesar Rp220.000.000                            to Rp220,000,000 which was divided into two
        yang terbagi dua seri, yaitu seri A dengan nilai                  series, namely series A with an interest value of
        sebesar Rp60.000.000 dengan suku bunga 6%                         Rp60,000,000 with an interest rate of 6% and
        dan jatuh tempo pada tanggal 1 Juni 2023 dan                      due on June 1, 2023 and series B with a value of
        seri B dengan nilai sebesar Rp160.000.000                         amounting to Rp160,000,000 with an interest
        dengan suku bunga 6,5% dan jatuh tempo pada                       rate of 6.5% and due on August 30, 2023.
        tanggal 30 Agustus 2023.

        Negotiable Certificate of Deposit (NCD) yang                      Negotiable Certificate of Deposit (NCD) which
        dijadikan sebagai jaminan tunai atas pinjaman                     are pledged as collateral on loans as of
        yang diberikan pada tanggal 31 Desember 2023                      December 31, 2023 and 2022 amounted to
        dan 2022 masing-masing adalah sebesar                             Rp116,900,000 and RpNil, respectively (Note
        Rp116.900.000 dan RpNihil (Catatan 11).                           11).

19. SIMPANAN DARI BANK LAIN                                      19. DEPOSITS FROM OTHER BANKS

   Semua simpanan dari bank lain adalah dalam mata                  All deposits from other banks are denominated in
   uang Rupiah dan terdiri dari:                                    Rupiah and consist of:
                                                31 Desember/December 31,

                                                2023                 2022

   Call money                                  792.000.000         1.030.000.000                                     Call money
   Giro                                        219.401.707           224.055.952                                Demand deposits
   Deposito berjangka                           49.531.350            46.454.518                                  Time deposits
   Tabungan                                     41.963.642            31.442.150                                Savings deposits
   Deposito on call                              1.906.660             3.000.000                                 Deposits on call

   Jumlah                                     1.104.803.359        1.334.952.620                                            Total

   a.   Call money                                                  a.    Call money

        (i)   Berdasarkan pihak lawan                                     (i)   By counterparties

                                                31 Desember/December 31,

                                                2023                 2022
              Pihak ketiga                                                                                         Third parties
              PT Bank Pembangunan                                                                PT Bank Pembangunan Daerah
                Daerah Sulawesi                                                                         Sulawesi Selatan dan
                Selatan dan Tengah             220.000.000          285.000.000                                       Tengah
              PT Bank Pembangunan Daerah                                                         PT Bank Pembangunan Daerah
                Kaltim                         200.000.000           95.000.000                                         Kaltim
              PT Bank Pembangunan Daerah                                                         PT Bank Pembangunan Daerah
                Daerah Istimewa Yogyakarta     150.000.000          100.000.000                  Daerah Istimewa Yogyakarta
              PT Bank Pembangunan Daerah                                                         PT Bank Pembangunan Daerah
                Maluku                         100.000.000                        -                                    Maluku
              PT Bank Ina Perdana Tbk          100.000.000                        -                   PT Bank Ina Perdana Tbk
              PT Bank Pembangunan Daerah                                                         PT Bank Pembangunan Daerah
                Jawa Timur Tbk                   22.000.000                   -                               Jawa Timur Tbk
              PT Bank Panin Tbk                           -         200.000.000                              PT Bank Panin Tbk
              PT Bank Jtrust Tbk                          -         100.000.000                              PT Bank Jtrust Tbk
              PT Bank IBK Indonesia Tbk                   -         100.000.000                      PT Bank IBK Indonesia Tbk
              PT Bank Sinarmas                            -          50.000.000                              PT Bank Sinarmas
              PT Bank Seabank Indonesia                   -          50.000.000                     PT Bank Seabank Indonesia
              PT Bank Capital Indonesia Tbk               -          50.000.000                   PT Bank Capital Indonesia Tbk

              Jumlah                           792.000.000         1.030.000.000                                            Total


                                                           102
Page 576
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


19. SIMPANAN DARI BANK LAIN (lanjutan)                          19. DEPOSITS FROM OTHER BANKS (continued)

   a.   Call money (lanjutan)                                      a.    Call money (continued)

        (ii) Berdasarkan periode                                         (ii) By period

                                                31 Desember/December 31,

                                                2023                2022

              Kurang dari 1 bulan               792.000.000       1.030.000.000                               Less than 1 month

              Jumlah                            792.000.000       1.030.000.000                                            Total


   b.   Deposito berjangka                                         b.    Time deposits

        (i)   Berdasarkan pihak lawan                                    (i)   By counterparties
                                                31 Desember/December 31,

                                                2023                2022

              Pihak ketiga                       49.531.350         46.454.518                                      Third parties


        (ii) Berdasarkan periode                                         (ii) By period
                                                31 Desember/December 31,

                                                2023                2022

              1 bulan                            22.031.350         24.454.518                                          1 month
              3 bulan                            24.500.000         19.000.000                                         3 months
              6 bulan                                     -                  -                                         6 months
              12 bulan                            3.000.000          3.000.000                                        12 months

              Jumlah                             49.531.350         46.454.518                                             Total


        (iii) Berdasarkan sisa umur sampai dengan                        (iii) By remaining period until maturity
              jatuh tempo

                                                31 Desember/December 31,

                                                2023                2022

              Kurang dari 1 bulan                22.031.350         24.454.518                                Less than 1 month
              1 sampai dengan 3 bulan            24.500.000         21.000.000                                 1 up to 3 months
              3 sampai dengan 6 bulan             2.000.000                  -                                 3 up to 6 months
              6 sampai dengan 12 bulan            1.000.000          1.000.000                                6 up to 12 months

              Jumlah                             49.531.350         46.454.518                                             Total

   c.   Giro                                                       c.    Demand deposits

        Berdasarkan pihak lawan                                          By counterparties
                                                31 Desember/December 31,

                                                2023                2022

        Pihak berelasi                              478.732            167.870                                     Related party
        Pihak ketiga                            218.922.975        223.888.082                                       Third party

        Jumlah                                  219.401.707        224.055.952                                             Total


        Informasi mengenai tingkat       suku    bunga                   Informations in respect to interest rates are
        diungkapkan pada Catatan 45.                                     disclosed in Note 45.
                                                          103
Page 577
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


19. SIMPANAN DARI BANK LAIN (lanjutan)                                19. DEPOSITS FROM OTHER BANKS (continued)

   d.   Tabungan                                                         d.     Saving deposits

        Berdasarkan pihak lawan                                                 By counterparties

                                                  31 Desember/December 31,

                                                  2023                    2022

        Pihak ketiga                               41.963.642              31.442.150                                      Third parties


        Pada tanggal 31 Desember 2023 dan 2022,                                 As of December 31, 2023 and 2022 there are
        tidak terdapat saldo tabungan dari pihak                                no saving deposits from related parties.
        berelasi.

        Informasi mengenai tingkat         suku     bunga                       Informations in respect to interest rates are
        diungkapkan pada Catatan 45.                                            disclosed in Note 45.



20. EFEK-EFEK YANG         DIJUAL     DENGAN         JANJI         20. SECURITIES SOLD                  UNDER        REPURCHASED
    DIBELI KEMBALI                                                     AGREEMENTS

   Efek-efek yang dijual dengan janji dibeli kembali pada                The securities sold under repurchased agreements
   tanggal 31 Desember 2023 dan 2022 adalah sebagai                      as of December 31, 2023 and 2022 are as follows:
   berikut:

                                              31 Desember / December 31, 2023
                                                                                      Tanggal
                             Jenis efek/    Nilai Nominal/       Tingkat suku         dimulai/         Tanggal jatuh     Nilai tercatat/
        Pihak lawan/          Type of          Notional             bunga/         Commencement           tempo/           Carrying
        Counterparty         Securities        amount            Interest rate          date           Maturity date        amount
                                                                                     20 Desember/          3 Januari/
   Bank Mega                    FR0070        250.000.000              6,35%        December 2023        January 2024       251.618.623
                                                                                     20 Desember/          3 Januari/
   Bank Mega                    FR0077        250.000.000              6,35%        December 2023        January 2024       248.598.483
                                                                                     29 Desember/          3 Januari/
   Ina Perdana                  FR0081        100.000.000              6,25%        December 2023        January 2024        95.366.417
                                                                                     29 Desember/          3 Januari/
   Ina Perdana                  FR0081            50.000.000           6,25%        December 2023        January 2024        47.683.207
                                              650.000.000                                                                   643.266.730

                                              31 Desember / December 31, 2022
                                                                                      Tanggal
                             Jenis efek/    Nilai Nominal/       Tingkat suku         dimulai/         Tanggal jatuh     Nilai tercatat/
        Pihak lawan/          Type of          Notional             bunga/         Commencement           tempo/           Carrying
        Counterparty         Securities        amount            Interest rate          date           Maturity date        amount
                                                                                     27 Desember/          3 Januari/
   Ina Perdana                  FR0082            90.000.000          5,80%         December 2022        January 2023        86.066.513
                                                                                     27 Desember/          3 Januari/
   Ina Perdana                  FR0059             80.000.000         5,80%         December 2022        January 2023        76.506.026
                                                                                     27 Desember/          3 Januari/
   Ina Perdana                  FR0084             80.000.000         5,80%         December 2022        January 2023        78.292.621
                                                  250.000.000                                                               240.865.160




                                                                104
Page 578
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN                                  21. SECURITIES ISSUED

                                                31 Desember/December 31,

                                                 2023               2022

   Obligasi Subordinasi Berkelanjutan I                                                             Bank Victoria Subordinated
     Bank Victoria Tahap II Tahun 2018          350.000.000         350.000.000                   Bonds I Phase II Year 2018
   Obligasi Berkelanjutan III                                                                          Bank Victoria Continuing
     Bank Victoria Tahap I Tahun 2023 Seri A    300.000.000                      -      Bonds III Phase I Year 2023 Series A
   Obligasi Subordinasi Berkelanjutan II                                                            Bank Victoria Subordinated
     Bank Victoria Tahap I Tahun 2019           250.000.000         250.000.000                   Bonds II Phase I Year 2019
   Obligasi Berkelanjutan III                                                                          Bank Victoria Continuing
     Bank Victoria Tahap I Tahun 2023 Seri B    200.000.000                      -      Bonds III Phase I Year 2023 Series B
   Obligasi Subordinasi Berkelanjutan II                                                            Bank Victoria Subordinated
     Bank Victoria Tahap II Tahun 2019          150.000.000         150.000.000                  Bonds II Phase II Year 2019
   Obligasi Subordinasi Berkelanjutan II                                                            Bank Victoria Subordinated
     Bank Victoria Tahap III Tahun 2020          60.000.000            60.000.000               Bonds II Phase III Year 2020
   Obligasi Subordinasi Berkelanjutan I                                                             Bank Victoria Subordinated
     Bank Victoria Tahap I Tahun 2017            50.000.000            50.000.000                  Bonds I Phase I Year 2017
   Obligasi Berkelanjutan I                                                                            Bank Victoria Continuing
     Bank Victoria Tahap II Tahun 2018                                                            Bonds I Phase II Year 2018
     Seri B                                                -        200.000.000                                      Series B

   Jumlah                                      1.360.000.000      1.060.000.000                                           Total
   Dikurangi: Biaya emisi yang                                                                                Less: Unamortised
     belum diamortisasi                          (12.360.472)          (8.096.448)                              issuance cost

   Jumlah - bersih                             1.347.639.528      1.051.903.552                                       Total - net


   Obligasi Berkelanjutan III Bank Victoria Tahap I                Bank Victoria Continuing Bonds III Phase I Year
   Tahun 2023                                                      2023

   Pada tanggal 10 Maret 2023, Bank menerbitkan                    On March 10, 2023, the Bank issued Bank Victoria
   Obligasi Berkelanjutan III Bank Victoria Tahap I                Continuing Bonds III Phase I Year 2023 amounting
   Tahun 2023 sebesar Rp500.000.000.                               to Rp500,000,000.

   Obligasi Berkelanjutan III Bank Victoria Tahap I                Bank Victoria Continuing Bonds III Phase I Year
   Tahun 2023 terdiri dari 2 (dua) seri Obligasi, yaitu            2023 consists of 2 (two) series of Bonds:
   sebagai berikut:
       Seri A dengan jumlah Pokok Obligasi sebesar                      Series A amounted to Rp300,000,000 with fixed
       Rp300.000.000 dengan tingkat suku bunga                            rate of 9.25% per annum, tenor 3 (three) years
       tetap sebesar 9,25% per tahun, berjangka                           since Emission Date.
       waktu 3 (tiga) tahun sejak Tanggal Emisi.
       Seri B dengan jumlah Pokok Obligasi sebesar                      Series B amounted to Rp200,000,000 with fixed
       Rp200.000.000 dengan tingkat bunga tetap                           rate of 10.25% per annum, tenor 5 (five) years
       sebesar 10,25% per tahun, berjangka waktu                          since Emission Date.
       5 (lima) tahun sejak Tanggal Emisi.

   Bunga obligasi dibayarkan setiap 3 (tiga) bulan                 Interest of the bond paid every 3 (three) months
   sekali. Pembayaran bunga obligasi pertama                       starting from June 9, 2023 for the first payment
   dilakukan pada tanggal 9 Juni 2023 sedangkan                    whereas the last payment will be at the maturity
   pembayaran bunga Obligasi terakhir akan dilakukan               date of each Bonds, which on March 9, 2026 for
   pada tanggal jatuh tempo masing-masing seri                     Bonds Series A and on March 9, 2028 for Bonds
   Obligasi yaitu pada tanggal 9 Maret 2026 untuk                  Series B.
   Obligasi Seri A dan 9 Maret 2028 untuk Obligasi
   Seri B.




                                                           105
Page 579
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                   21. SECURITIES ISSUED (continued)

   Obligasi Berkelanjutan III Bank Victoria Tahap I             Bank Victoria Continuing Bonds III Phase I Year
   Tahun 2023 (lanjutan)                                        2023 (continued)

   Berdasarkan pemeringkatan yang dilaksanakan                  Based     on the      ranking carried out         by
   oleh     Pefindo      sesuai      dengan       Surat         Pefindo       in    accordance        with    Letter
   No.RC-1230/PEF-DIR/XII/2022         tanggal      26          No.RC-1230/PEF-DIR/XII/2022 dated December 26,
   Desember 2022 tentang Sertifikat Pemeringkatan               2022, regarding the Rating Certificate for the third
   atas Obligasi Berkelanjutan III Bank Victoria Tahun          phase of Bank Victoria Continuing Bonds Year
   2023 periode 26 Desember 2022 sampai dengan 1                2023, for the period of December 26, 2022, to
   Desember 2023, hasil pemeringkatan atas Obligasi             December 1, 2023, the result of the ranking for the
   Berkelanjutan III Bank Victoria Tahap I Tahun 2023           first phase of Bank Victoria Continuing Bonds III for
   adalah idA-.                                                 2023 is idA-.

   Pada tanggal 31 Desember 2023, peringkat Obligasi            As of December 31, 2023, the rating of the Bank
   Berkelanjutan III Bank Victoria Tahap I Tahun 2023           Victoria Continuing Bonds III Phase I Year 2023
   menurut Pefindo adalah idA-.                                 based on Pefindo was idA-.

   Obligasi dan obligasi subordinasi tersebut di atas           The above bonds and subordinated bonds are
   tidak dijamin dengan suatu agunan khusus dan tidak           unsecured by a specific collateral and by third
   dijamin oleh pihak ketiga manapun dan tidak                  parties and are excluded from the Government
   termasuk dalam Program Jaminan Pemerintah                    Guarantee to Certain Liabilities of Commercial
   Terhadap Liabilitas Pembayaran Bank Umum.                    Banks Program.

   Selaku Wali Amanat dari penerbitan obligasi ini              The Trustee of the bond issuance is PT Bank Mega
   adalah PT Bank Mega Tbk.                                     Tbk.

   Tidak terdapat pelanggaran atas pembatasan                   There was no violation to the covenant of bonds and
   perjanjian perwaliamanatan obligasi dan obligasi             subordinated bonds trusteeship agreement as of
   subordinasi pada tanggal 31 Desember 2023 dan                December 31, 2023 and 2022.
   2022.

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase III Year
   Tahap III Tahun 2020                                         2020

   Pada tanggal 13 Maret 2020 Bank menerbitkan                  On March 13, 2020, the Bank issued Bank Victoria
   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Subordinated Bonds II Phase III Year 2020 with
   Tahap III Tahun 2020 dengan jumlah pokok                     a principal amount up to Rp60,000,000.
   sebanyak-banyaknya sebesar Rp60.000.000.

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase III Year
   Tahap III Tahun 2020 memiliki tingkat suku bunga             2020 has fixed rate of 11.25% per annum, and the
   tetap sebesar 11,25% per tahun yang akan                     interest will be paid every 3 (three) months starting
   dibayarkan setiap 3 (tiga) bulan. Pembayaran bunga           from July 1, 2020 for the first payment whereas the
   Obligasi Subordinasi pertama dilakukan pada                  last payment will be on April 1, 2027, at the maturity
   tanggal 1 Juli 2020, sedangkan pembayaran bunga              date of the Bond.
   Obligasi Subordinasi terakhir akan dilakukan pada
   tanggal jatuh tempo Obligasi Subordinasi yaitu pada
   tanggal 1 April 2027.




                                                          106
Page 580
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                   21. SECURITIES ISSUED (continued)

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase III Year
   Tahap III Tahun 2020 (lanjutan)                              2020 (continued)

   Berdasarkan hasil pemeringkatan surat utang jangka           Based on the results of the rating for long-term debt
   panjang sesuai dengan surat PT Pemeringkat Efek              securities in accordance with PT Pemeringkat Efek
   Indonesia (Pefindo) No. RC-329/PEF-DIR/IV/2019               Indonesia (Pefindo) letter No. RC-329/PEF-
   tanggal    4   April   2019   tentang     Sertifikat         DIR/IV/2019 dated April 4, 2019 regarding a Rating
   Pemeringkatan Obligasi Subordinasi Berkelanjutan             Certificate for Continuous Subordinated Bond II of
   II dari PT Bank Victoria International Tbk sejak             PT Bank Victoria International Tbk from April 4,
   4 April 2019 sampai dengan 1 April 2020,                     2019 to April 1, 2020, as well as the confirmation
   serta konfirmasi sesuai dengan surat Pefindo                 according to Pefindo letter No. RTG-020/PEF-
   No. RTG-020/PEF-DIR/II/2020 tanggal 4 Februari               DIR/II/2020 dated February 4, 2020 regarding the
   2020 perihal Sertifikat Pemeringkatan Obligasi               Rating Certificate for Continuous Subordinated
   Subordinasi Berkelanjutan II Tahap III yang                  Bonds II Phase III issued through the PUB
   diterbitkan melalui rencana Penawaran Umum                   Continuous Public Offering plan, the rating results of
   Berkelanjutan PUB, hasil pemeringkatan Obligasi              the Subordinated Bonds are idBBB.
   Subordinasi adalah idBBB.

   Pada tanggal 31 Desember 2023 dan 2022,                      As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Subordinasi Berkelanjutan II Bank         Bank Victoria Subordinated Bonds II Phase III Year
   Victoria Tahap III Tahun 2020 menurut Pefindo                2020 based on Pefindo was idBBB.
   adalah idBBB.

   Obligasi subordinasi di atas tidak dijamin dengan            The subordinated bonds is unsecured by a specific
   suatu agunan khusus dan tidak dijamin oleh pihak             collateral and by third parties and are excluded from
   ketiga manapun dan tidak termasuk dalam Program              the Government Guarantee to Certain Liabilities of
   Jaminan     Pemerintah      Terhadap      Liabilitas         Commercial Banks Program.
   Pembayaran Bank Umum.

   Selaku Wali Amanat dari penerbitan obligasi                  The Trustee of the bond issuance is PT Bank Mega
   subordinasi ini adalah PT Bank Mega Tbk. Tidak               Tbk. There was no violation to the covenant of
   terdapat pelanggaran atas pembatasan perjanjian              bonds and subordinated bonds trusteeship
   perwaliamanatan obligasi dan obligasi subordinasi            agreement as of December 31, 2023 and 2022.
   pada tanggal 31 Desember 2023 dan 2022.

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase II Year
   Tahap II Tahun 2019                                          2019

   Pada tanggal 8 November 2019, Bank menerbitkan               On November 8, 2019, the Bank issued Bank
   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Victoria Subordinated Bonds II Phase II Year 2019
   Tahap II Tahun 2019 sebesar Rp150.000.000.                   amounting Rp150,000,000.

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase II Year
   Tahap II Tahun 2019 memiliki tingkat suku bunga              2019 has fixed rate of 11.25% per annum, and the
   tetap sebesar 11,25% per tahun yang akan                     interest will be paid every 3 (three) months starting
   dibayarkan setiap 3 (tiga) bulan. Pembayaran bunga           from February 8, 2020 for the first payment whereas
   Obligasi Subordinasi pertama dilakukan pada                  the last payment will be on November 8, 2026, at
   tanggal 8 Februari 2020, sedangkan pembayaran                the maturity date of the Bond.
   bunga Obligasi Subordinasi terakhir akan dilakukan
   pada tanggal jatuh tempo Obligasi Subordinasi yaitu
   pada tanggal 8 November 2026.




                                                          107
Page 581
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                   21. SECURITIES ISSUED (continued)

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase II Year
   Tahap II Tahun 2019 (lanjutan)                               2019 (continued)

   Berdasarkan Surat Keterangan PT Pemeringkat                  Based on the letter issued by PT Pemeringkat Efek
   Efek Indonesia (“Pefindo”) No. RTG-129/PEF-                  Indonesia     (“Pefindo”)     No.    RTG-129/PEF-
   DIR/IX/2019 tanggal 26 September 2019 berlaku                DIR/IX/2019 dated September 26, 2019 apply rating
   peringkat sebagaimana tercantum pada Sertifikat              as stated on Rating Certificate PT Pemeringkat Efek
   Pemeringkatan PT Pemeringkat Efek Indonesia                  Indonesia No. RC-329/PEF-DIR/IV/2019 dated April
   No. RC-329/PEF-DIR/IV/2019 tanggal 4 April 2019              4, 2019 which was idBBB on Bank Victoria
   yaitu peringkat idBBB pada Obligasi Subordinasi              Subordinated Bonds II Phase II Year 2019.
   Berkelanjutan II Bank Victoria Tahap II Tahun 2019.

   Pada tanggal 31 Desember 2023 dan 2022,                      As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Subordinasi Berkelanjutan II Bank         Bank Victoria Subordinated Bonds II Phase II Year
   Victoria Tahap II Tahun 2019 menurut Pefindo                 2019 based on Pefindo was idBBB.
   adalah idBBB.

   Obligasi subordinasi tersebut di atas tidak dijamin          The above bond is unsecured by a specific collateral
   dengan suatu agunan khusus dan tidak dijamin oleh            and by third parties and are excluded from the
   pihak ketiga manapun dan tidak termasuk dalam                Government Guarantee to Certain Liabilities of
   Program Jaminan Pemerintah Terhadap Liabilitas               Commercial Banks Program.
   Pembayaran Bank Umum.

   Selaku Wali Amanat dari penerbitan obligasi                  The Trustee of the bond issuance is PT Bank Mega
   subordinasi ini adalah PT Bank Mega Tbk. Tidak               Tbk. There was no violation to the covenant of the
   terdapat pelanggaran atas pembatasan perjanjian              subordinated bonds trusteeship agreement as of
   perwaliamanatan obligasi subordinasi pada tanggal            December 31, 2023 and 2022.
   31 Desember 2023 dan 2022.

   Obligasi Berkelanjutan II Bank Victoria Tahap I              Bank Victoria Continuing Bonds II Phase I Year
   Tahun 2019 dan Obligasi Subordinasi Berkelanjutan            2019 and Subordinated Bonds II Phase I Year 2019
   II Bank Victoria Tahap I Tahun 2019

   Pada tanggal 28 September 2019, Bank                         On September 28, 2019, the Bank issued Bank
   menerbitkan Obligasi Berkelanjutan II Bank Victoria          Victoria Continuing Bonds II Phase I Year 2019 and
   Tahap I Tahun 2019 dan Obligasi Subordinasi                  Subordinated Bonds II Phase I Year 2019
   Berkelanjutan II Bank Victoria Tahap I Tahun 2019            amounting to Rp100,000,000 and Rp250,000,000,
   masing-masing sebesar         Rp100.000.000    dan           respectively.
   Rp250.000.000.

   Obligasi Berkelanjutan II Bank Victoria Tahap I              Bank Victoria Continuing Bonds II Phase I Year
   Tahun 2019 diterbitkan dengan tingkat suku bunga             2019 issued with fixed rate of 9.75% per annum,
   tetap sebesar 9,75% per tahun, berjangka waktu               with tenor 2 (two) years since Emission Date.
   2 (dua) tahun sejak Tanggal Emisi.

   Bunga obligasi dibayarkan setiap 3 (tiga) bulan              Interest on the bonds will be paid every 3 (three)
   sekali terhitung sejak Tanggal Emisi. Pembayaran             months starting from Emission Date. The first
   Bunga Obligasi pertama dilakukan pada tanggal                payment was on September 28, 2019 whereas the
   28 September 2019, sedangkan pembayaran Bunga                last payment will be on September 28, 2021, at the
   obligasi terakhir akan dilakukan pada tanggal jatuh          maturity date of the Bond.
   tempo obligasi yaitu pada tanggal 28 September
   2021.




                                                          108
Page 582
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                   21. SECURITIES ISSUED (continued)

   Obligasi Berkelanjutan II Bank Victoria Tahap I              Bank Victoria Continuing Bonds II Phase I Year
   Tahun 2019 dan Obligasi Subordinasi Berkelanjutan            2019 and Subordinated Bonds II Phase I Year 2019
   II Bank Victoria Tahap I Tahun 2019 (lanjutan)               (continued)

   Obligasi Subordinasi Berkelanjutan II Bank Victoria          Bank Victoria Subordinated Bonds II Phase I Year
   Tahap I Tahun 2019 memiliki tingkat suku bunga               2019 has fixed rate of 11.75% per annum, and the
   tetap sebesar 11,75% per tahun yang akan                     interest will be paid every 3 (three) months. The first
   dibayarkan setiap 3 (tiga) bulan. Pembayaran Bunga           payment was on September 28, 2019, whereas the
   Obligasi Subordinasi pertama dilakukan pada                  last payment will be on June 28, 2026, at the
   tanggal   28     September       2019,   sedangkan           maturity date of the Bond.
   pembayaran Bunga Obligasi Subordinasi terakhir
   akan dilakukan pada tanggal jatuh tempo Obligasi
   Subordinasi yaitu pada tanggal 28 Juni 2026.

   Berdasarkan         Sertifikat     Pemeringkatan             Based      on    the     report      issued     by
   Pefindo     No.    RC-328/PEF-DIR/IV/2019    dan             Pefindo    No.   RC-328/PEF-DIR/IV/2019        and
   No. RC-329/PEF-DIR/IV/2019 tanggal 4 April 2019,             No. RC-329/PEF-DIR/IV/2019 dated April 4, 2019,
   memutuskan memberikan peringkat idA- terhadap                the rating of Bank Victoria Continuing Bonds II
   Obligasi Berkelanjutan II Bank Victoria Tahap I              Phase I Year 2019 is idA-, and the rating of
   Tahun 2019 serta memberikan peringkat idBBB                  Subordinated Bonds II Phase I Year 2019 is idBBB.
   pada Obligasi Subordinasi Berkelanjutan II Bank
   Victoria Tahap I Tahun 2019.

   Pada tanggal 31 Desember 2021, peringkat Obligasi            As of December 31, 2021, the rating of the Bank
   Berkelanjutan II Bank Victoria Tahap I Tahun 2019            Victoria Continuing Bonds II Phase I Year 2019
   menurut Pefindo adalah idA-.                                 based on Pefindo was idA-.

   Pada tanggal 31 Desember 2023 dan 2022,                      As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Subordinasi Berkelanjutan II Bank         Bank Victoria Subordinated Bonds II Phase I Year
   Victoria Tahap I Tahun 2019 menurut Pefindo                  2019 based on Pefindo was idBBB.
   adalah idBBB.

   Obligasi dan obligasi subordinasi tersebut di atas           The above bonds and subordinated bonds are
   tidak dijamin dengan suatu agunan khusus dan tidak           unsecured by a specific collateral and by third
   dijamin oleh pihak ketiga manapun dan tidak                  parties and are excluded from the Government
   termasuk dalam Program Jaminan Pemerintah                    Guarantee to Certain Liabilities of Commercial
   Terhadap Liabilitas Pembayaran Bank Umum.                    Banks Program.

   Selaku Wali Amanat dari penerbitan obligasi dan              The Trustee of the bonds and subordinated bonds
   obligasi subordinasi ini adalah PT Bank Mega Tbk.            issuance is PT Bank Mega Tbk.

   Tidak terdapat pelanggaran atas pembatasan                   There was no violation to the covenant of the bonds
   perjanjian perwaliamanatan obligasi dan obligasi             and subordinated bonds trusteeship agreement as
   subordinasi pada tanggal 31 Desember 2023 dan                of December 31, 2023 and 2022.
   2022.

   Pada tanggal 5 September 2018, Bank menerbitkan              On September 5, 2018, the Bank issued Bank
   Obligasi Berkelanjutan I Bank Victoria Tahap II              Victoria Continuing Bonds I Phase II Year 2018 and
   Tahun 2018 dan Obligasi Subordinasi Berkelanjutan            Bank Victoria Subordinated Bonds I Phase II Year
   I Bank Victoria Tahap II Tahun 2018 masing-masing            2018     amounting     to    Rp300,000,000     and
   sebesar Rp300.000.000 dan Rp350.000.000.                     Rp350,000,000, respectively.




                                                          109
Page 583
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                   21. SECURITIES ISSUED (continued)

   Obligasi Berkelanjutan I Bank Victoria Tahap II              Bank Victoria Continuing Bonds I Phase II Year
   Tahun 2018 dan Obligasi Subordinasi Berkelanjutan            2018 and Subordinated Bonds I Phase II Year 2018
   I Bank Victoria Tahap II 2018

   Obligasi Berkelanjutan I Bank Victoria Tahap II              Bank Victoria Continuing Bonds I Phase II Year
   Tahun 2018 terdiri dari 2 (dua) seri Obligasi, yaitu         2018 consists of 2 (two) series of Bonds:
   sebagai berikut:
    Seri A dengan jumlah Pokok Obligasi sebesar                    Series A amounted to Rp100,000,000 with fixed
       Rp100.000.000 dengan tingkat suku bunga                       rate of 9.70% per annum, tenor 3 (three) years
       tetap sebesar 9,70% per tahun, berjangka                      since Emission Date.
       waktu 3 (tiga) tahun sejak Tanggal Emisi.
    Seri B dengan jumlah Pokok Obligasi sebesar                    Series B amounted to Rp200,000,000 with fixed
       Rp200.000.000 dengan tingkat bunga tetap                      rate of 10.30% per annum, tenor 5 (five) years
       sebesar 10,30% per tahun, berjangka waktu                     since Emission Date.
       5 (lima) tahun sejak Tanggal Emisi.

   Bunga obligasi dibayarkan setiap 3 (tiga) bulan              Interest of the bond paid every 3 (three) months
   sekali. Pembayaran bunga obligasi pertama                    starting from September 5, 2018 for the first
   dilakukan pada tanggal 5 September 2018                      payment whereas the last payment will be at the
   sedangkan pembayaran bunga Obligasi terakhir                 maturity date of each Bonds, which on September 5,
   akan dilakukan pada tanggal jatuh tempo masing-              2021 for Bonds Series A and on September 5, 2023
   masing seri Obligasi yaitu pada tanggal                      for Bonds Series B.
   5 September 2021 untuk Obligasi Seri A dan
   5 September 2023 untuk Obligasi Seri B.

   Obligasi Subordinasi Berkelanjutan I Bank Victoria           Bank Victoria Subordinated Bonds I Phase II Year
   Tahap II Tahun 2018 memiliki tingkat suku bunga              2018 has fixed rate of 11.00% per annum, and the
   tetap sebesar 11,00% per tahun yang akan                     interest will be paid every 3 (three) months. The first
   dibayarkan setiap 3 (tiga) bulan. Pembayaran Bunga           payment was on September 5, 2018 whereas the
   Obligasi Subordinasi pertama dilakukan pada                  last payment will be on June 5, 2025, at the maturity
   tanggal 5 September 2018, sedangkan pembayaran               date of the Bonds and Subordinated Bonds.
   Bunga Obligasi Subordinasi terakhir akan dilakukan
   pada tanggal jatuh tempo Obligasi Subordinasi yaitu
   pada tanggal 5 Juni 2025.

   Berdasarkan surat keterangan yang diberikan oleh             Based on the letter issued by Pefindo
   Pefindo No. 031/PEWF-DIR/IV/2018 pada 2 April                No. 031/PEWF-DIR/IV/2018 dated April 2, 2018, the
   2018, keterangan terkait pemeringkatan atas                  details related to the rating of Bank Victoria
   Obligasi Berkelanjutan I Bank Victoria Tahap II              Continuing Bonds I Phase II Year 2018 and Bank
   Tahun 2018 dan Obligasi Subordinasi Berkelanjutan            Victoria Subordinated Bonds I Phase II Year 2018
   I Bank Victoria Tahap II Tahun 2018 yang diterbitkan         which was issued through Share Registration Public
   melalui rencana Penawaran Umum Berkelanjutan                 Offering (PUB) were available in the Rating
   (PUB) terdapat pada surat Sertifikat Pemeringkatan           Certificate No. 369/PEF-DIR/IV/2018 dated April 2,
   No. 369/PEF-DIR/IV/2018 tanggal 2 April 2018                 2018 regarding the reassessment of Bank Victoria
   atas penetapan kembali peringkat Obligasi                    Continuing Bonds I Phase I Year 2017 rating,
   Berkelanjutan I Bank Victoria Tahap I Tahun 2017             including the assessment of Bank Victoria
   yang juga merupakan pemeringkatan atas Obligasi              Continuing Bonds I Phase II Year 2018 rating which
   Berkelanjutan I Bank Victoria Tahap II Tahun 2018            was idA- and          in the Rating Certificate
   (berdasarkan      pemantauan       atas     Obligasi         No. 370/PEF-DIR/IV/2018 dated April 2, 2018
   Berkelanjutan I Tahun 2017) yakni idA- dan pada              regarding the reassessment of Bank Victoria
   surat Sertifikat Pemeringkatan No. 370/PEF-                  Subordinated Bonds I Phase I Year 2017, including
   DIR/IV/2018 tanggal 2 April 2018 atas Obligasi               the assessment of Bank Victoria Subordinated
   Subordinasi Berkelanjutan I Bank Victoria Tahap I            Bonds I Phase II Year 2018 which was idBBB.
   2017 yang juga merupakan pemeringkatan atas
   Obligasi Subordinasi Berkelanjutan I Bank Victoria
   Tahap II 2018 yakni idBBB.


                                                          110
Page 584
                                                                   The original financial statements included herein are in
                                                                                                     Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                          PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                             As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                           (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                  21. SECURITIES ISSUED (continued)

   Obligasi Berkelanjutan I Bank Victoria Tahap II             Bank Victoria Continuing Bonds I Phase II Year
   Tahun 2018 dan Obligasi Subordinasi Berkelanjutan           2018 and Subordinated Bonds I Phase II Year 2018
   I Bank Victoria Tahap II 2018 (lanjutan)                    (continued)


   Pada tanggal 31 Desember 2023 dan 2022,                     As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Berkelanjutan I Bank Victoria            Bank Victoria Continuing Bonds I Phase II Year
   Tahap II Tahun 2018 menurut Pefindo adalah idA-.            2018 based on Pefindo was idA-.

   Pada tanggal 31 Desember 2023 dan 2022,                     As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Subordinasi Berkelanjutan I Bank         Bank Victoria Subordinated Bonds I Phase II Year
   Victoria Tahap II 2018 menurut Pefindo adalah               2018 based Pefindo was idBBB.
   idBBB.

   Obligasi dan obligasi subordinasi tersebut di atas          The above bonds and subordinated bonds are
   tidak dijamin dengan suatu agunan khusus dan tidak          unsecured by a specific collateral and by third
   dijamin oleh pihak ketiga manapun dan tidak                 parties and are excluded from the Government
   termasuk dalam Program Jaminan Pemerintah                   Guarantee to Certain Liabilities of Commercial
   Terhadap Liabilitas Pembayaran Bank Umum.                   Banks Program.

   Selaku Wali Amanat dari penerbitan ini adalah               The Trustee of the bond issuance is PT Bank
   PT Bank Mega Tbk.                                           Mega Tbk.

   Tidak terdapat pelanggaran atas pembatasan                  There was no violation to the covenant of bonds and
   perjanjian perwaliamanatan obligasi dan obligasi            subordinated bonds trusteeship agreement as of
   subordinasi pada tanggal 31 Desember 2023 dan               December 31, 2023 and 2022.
   2022.

   Obligasi Berkelanjutan I Bank Victoria Tahap I              Bank Victoria Continuing Bonds I Phase I Year 2017
   Tahun 2017 dan Obligasi Subordinasi Berkelanjutan           and Subordinated Bonds I Phase I Year 2017
   I Bank Victoria Tahap I Tahun 2017

   Pada tanggal 11 Juli 2017, Bank menerbitkan                 On July 11, 2017, the Bank issued Bank Victoria
   Obligasi Berkelanjutan I Bank Victoria Tahap I              Continuing Bonds I Phase I Year 2017 and Bank
   Tahun 2017 dan Obligasi Subordinasi Berkelanjutan           Victoria Subordinated Bonds I Phase I Year 2017
   I Bank Victoria Tahap I Tahun 2017 masing-masing            amounting        to      Rp300,000,000      and
   sebesar Rp300.000.000 dan Rp50.000.000.                     Rp50,000,000, respectively.

   Obligasi Berkelanjutan I Bank Victoria Tahap I              Bank Victoria Continuing Bonds I Phase I Year 2017
   Tahun 2017 memiliki tingkat suku bunga tetap                has fixed rate of 10.30% amounted Rp300.000.000
   sebesar 10,30% sebesar Rp300.000.000 per tahun,             per annum, and the interest will be paid every 3
   yang akan dibayarkan setiap 3 (tiga) bulan.                 (three) months. The first payment was on from
   Pembayaran bunga pertama dilakukan pada tanggal             October 11, 2017 whereas the last payment
   11 Oktober 2017 sedangkan pembayaran bunga                  matured on July 11, 2022, at the maturity date of the
   obligasi terakhir yang sekaligus telah jatuh tempo          Bond.
   obligasi akan dilakukan pada tanggal 11 Juli 2022.

   Obligasi Subordinasi Berkelanjutan I Bank Victoria          Bank Victoria Subordinated Bonds I Phase I Year
   Tahap I Tahun 2017 memiliki tingkat suku bunga              2017 has fixed rate of 11.00% per annum, and the
   tetap sebesar 11,00% per tahun, yang akan                   interest will be paid every 3 (three) months. The first
   dibayarkan setiap 3 (tiga) bulan. Pembayaran bunga          payment was on October 11, 2017 whereas the last
   pertama dilakukan pada tanggal 11 Oktober 2017              payment will be on July 11, 2024, at the maturity
   sedangkan pembayaran bunga obligasi terakhir                date of the Bond.
   yang sekaligus menjadi tanggal jatuh tempo obligasi
   akan dilakukan pada tanggal 11 Juli 2024.




                                                         111
Page 585
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


21. EFEK-EFEK YANG DITERBITKAN (lanjutan)                    21. SECURITIES ISSUED (continued)

   Obligasi Berkelanjutan I Bank Victoria Tahap I               Bank Victoria Continuing Bonds I Phase I Year 2017
   Tahun 2017 dan Obligasi Subordinasi Berkelanjutan            and Subordinated Bonds I Phase I Year 2017
   I Bank Victoria Tahap I Tahun 2017 (lanjutan)                (continued)

   Berdasarkan pemeringkatan yang dilaksanakan                  Based on the report issued by Pefindo as stated in
   oleh      Pefindo     sesuai     dengan      Surat           its Letter No. 369/PEF-Dir/IV/2018 dated April 2,
   No. 369/PEF-Dir/IV/2018 tanggal 2 April 2018, hasil          2018, the rating of Bank Victoria Continuing Bonds I
   pemeringkatan atas Obligasi Berkelanjutan I Bank             Phase I Year 2017 is idA- and Letter
   Victoria Tahap I Tahun 2017 adalah idA- dan Surat            No. 370/PEF-Dir/IV/2018 dated April 2, 2018, the
   No. 370/PEF-Dir/IV/2018 tanggal 2 April 2018, hasil          rating of Bank Victoria Subordinated Bonds I Phase
   pemeringkatan      atas    Obligasi    Subordinasi           I Year 2017 is idBBB.
   Berkelanjutan I Bank Victoria Tahap I Tahun 2017
   adalah idBBB.

   Pada tanggal 31 Desember 2021, peringkat Obligasi            As of December 31, 2021, the rating of the Bank
   Berkelanjutan I Bank Victoria Tahap I Tahun 2017             Victoria Continuing Bonds I Phase I Year 2017
   menurut Pefindo adalah idA-.                                 based on Pefindo was idA-.

   Pada tanggal 31 Desember 2023 dan 2022,                      As of December 31, 2023 and 2022, the rating of the
   peringkat Obligasi Subordinasi Berkelanjutan I Bank          Bank Victoria Subordinated Bonds I Phase I Year
   Victoria Tahap I 2017 menurut Pefindo adalah                 2017 based on Pefindo was idBBB.
   idBBB.

   Obligasi dan obligasi subordinasi tersebut di atas           The above bonds and subordinated bonds are
   tidak dijamin dengan suatu agunan khusus dan tidak           unsecured by a specific collateral and by third
   dijamin oleh pihak ketiga manapun dan tidak                  parties and are excluded from the Government
   termasuk dalam Program Jaminan Pemerintah                    Guarantee to Certain Liabilities of Commercial
   Terhadap Liabilitas Pembayaran Bank Umum.                    Banks Program.

   Selaku Wali Amanat dari penerbitan obligasi ini              The Trustee of the bond issuance is PT Bank Mega
   adalah PT Bank Mega Tbk.                                     Tbk.

   Tidak terdapat pelanggaran atas pembatasan                   There was no violation to the covenant of bonds and
   perjanjian perwaliamanatan obligasi dan obligasi             subordinated bonds trusteeship agreement as of
   subordinasi pada tanggal 31 Desember 2023 dan                December 31, 2023 and 2022.
   2022.


22. PERPAJAKAN                                               22. TAXATION

   a.   Utang pajak                                             a.    Taxes payable
                                              31 Desember/December 31,

                                              2023               2022
        Entitas Induk                                                                                      Parent Company
        Pajak penghasilan badan                                                                         Corporate income tax
          Pasal 25                                       -                 -                                     Article 25
          Pasal 29                                       -        16.049.378                                     Article 29

                                                         -        16.049.378
        Pajak lainnya                                                                                            Other taxes
          Pasal 4 ayat 2                       20.806.149         13.598.722                                   Article 4 (2)
          Pajak Pertambahan Nilai               5.842.973            104.721                              Value Added Tax
          Pasal 21                              2.591.590            971.083                                     Article 21
          Pasal 23                                 18.381             75.642                                     Article 23
          Pasal 26                                 51.349             41.927                                     Article 26

                                               29.310.442         14.792.095
        Jumlah utang pajak -                                                                            Total taxes payable -
          Entitas Induk                        29.310.442         30.841.473                             Parent Company

                                                         112
Page 586
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


22. PERPAJAKAN (lanjutan)                                    22. TAXATION (continued)

   a.   Utang pajak (lanjutan)                                   a.    Taxes payable (continued)
                                                31 Desember/December 31,

                                                2023              2022
        Entitas Anak                                                                                               Subsidiary
        Pajak lainnya                                                                                              Other taxes
          Pasal 4 ayat 2                                 -                    -                                  Article 4 (2)
          Pasal 21                                       -                    -                                    Article 21
          Pasal 23                                       -                    -                                    Article 23

                                                         -                    -
        Jumlah utang pajak -                                                                             Total taxes payable -
          Entitas Anak                                   -                    -                                  Subsidiary

        Konsolidasian                                                                                          Consolidated
        Pajak penghasilan badan                                                                          Corporate income tax
          Pasal 25                                       -                 -                                      Article 25
          Pasal 29                                       -        16.049.378                                      Article 29

                                                         -        16.049.378
        Pajak lainnya                                                                                             Other taxes
          Pasal 4 ayat 2                        20.806.149        13.598.722                                    Article 4 (2)
          Pajak Pertambahan Nilai                5.842.973           104.721                               Value Added Tax
          Pasal 21                               2.591.590           971.083                                      Article 21
          Pasal 23                                  18.381            75.642                                      Article 23
          Pasal 26                                  51.349            41.927                                      Article 26

                                                29.310.442        14.792.095
        Jumlah utang pajak -                                                                           Total taxes payables -
          Konsolidasian                         29.310.442        30.841.473                                  Consolidated


   b.   Beban Pajak Penghasilan                                  b. Deferred Tax Expense

        Beban pajak penghasilan terdiri dari:                          Deferred tax expense consist of:

                                                31 Desember/December 31,

                                                 2023             2022
        Entitas Induk                                                                                        Parent Company
          Pajak kini                                     -        16.049.378                                     Current tax
          Pajak tangguhan                       27.719.887       113.573.037                                   Deferred tax

        Jumlah Entitas Induk                    27.719.887       129.622.415                            Total Parent Company

        Entitas Anak                                                                                               Subsidiary
          Pajak kini                                     -             289.074                                   Current tax
          Pajak tangguhan                                -             845.885                                  Deferred tax

        Jumlah Entitas Anak                              -            1.134.959                               Total Subsidiary

        Konsolidasi                                                                                             Consolidation
          Pajak kini                                     -        16.338.452                                     Current tax
          Pajak tangguhan                       27.719.887       114.418.922                                    Deferred tax

        Jumlah                                  27.719.887       130.757.374                                             Total




                                                         113
Page 587
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


22. PERPAJAKAN (lanjutan)                                      22. TAXATION (continued)

   b.   Beban Pajak Penghasilan (lanjutan)                         b. Deferred Tax Expense (continued)

        Rekonsiliasi antara laba sebelum beban pajak                   The reconciliation between profit before income
        penghasilan menurut laporan laba dengan (rugi)                 tax as shown in the statement of (loss) profit with
        laba kena pajak yang dihitung oleh Bank adalah                 taxable loss of the Bank is as follows:
        sebagai berikut:
                                                31 Desember/December 31,

                                                 2023              2022

        Laba sebelum beban pajak                                                             Profit before income tax expense
          penghasilan menurut laporan                                                         per consolidated statement of
          laba rugi konsolidasian               129.536.228        356.930.827                                  profit or loss

        Bagian laba bersih                                                                             Equity in net income of
           Entitas Anak                                   -          3.606.389                                   Subsidiary
        Eliminasi dan penyesuaian                         -         (4.741.348)                   Elimination and adjustments

        Laba sebelum pajak
          penghasilan - Entitas                                                                     Profit before income tax -
          Induk (Bank)                          129.536.228        355.795.868                     Parent Company (Bank)

        Beda waktu:                                                                                        Timing differences:
        Imbalan pasca kerja                       3.035.528         (1.162.859)                     Post-employment benefits
        Cadangan bonus, jasa                                                                     Accrue bonuses, professional
          profesional dan promosi               (28.443.185)         7.943.507                fees and promotion expenses
        Beban penyisihan kerugian                                                                     Provision for impairment
          penurunan nilai aset                                                                       losses on financial and
          keuangan dan non-keuangan             (64.356.877)       (72.817.804)                         non-financial assets
        Kerugian yang belum direalisasi                                                        Unrealised loss - on investment
          dari penyertaan saham yang diukur                                                   shares measured at fair value
          pada nilai wajar melalui laba rugi   (137.029.607)         2.980.457                         through profit or loss

        Jumlah beda waktu                      (226.794.141)       (63.056.699)                        Total timing differences

        Beda tetap:                                                                                    Permanent differences:
        Biaya pemasaran                           5.875.975          1.925.057                            Marketing expenses
        Biaya pajak                               5.208.828                  -                                  Tax expenses
        Tunjangan karyawan                        2.332.300          2.418.187                         Employee’s allowances
        Sumbangan                                    77.050             42.237                                        Donation
        Pendapatan dari reksadana                                                                   Income from mutual funds
           yang dikenakan pajak final           (10.976.160)        (7.831.141)                           subject to final tax
        Pendapatan operasional lainnya           (6.950.040)       (14.437.989)                        Other operating income

        Jumlah beda tetap                        (4.432.047)       (17.883.649)                   Total permanent differences

        Taksiran (rugi)/laba fiskal            (101.689.960)       274.855.520                       Estimated tax (loss)/profit

        Kompensasi rugi fiskal tahun-tahun                                                    Tax losses carried forward from
           sebelumnya:                                                                                          prior year:
        Rugi fiskal tahun sebelumnya                                                              Tax losses from prior years
           yang masih dapat dikompensasi                   -      (201.903.800)                 that can be compensated
        Akumulasi rugi fiskal yang dapat                                                       Accumulated tax losses carried
           dikompensasi                                    -      (201.903.800)                                   forward
        (Rugi fiskal)/penghasilan kena pajak   (101.689.960)        72.951.720                    (Fiscal Loss)/taxable income

        Beban pajak penghasilan kini:                                                                     Current tax expense
        Bank                                               -        16.049.378                                           Bank
        Entitas anak                                       -           289.074                                      Subsidiary

        Beban pajak kini                                   -        16.338.452                            Current tax expense

        Utang pajak kini:                                                                                Income tax payables:
        Bank                                               -        16.049.378                                          Bank
        Entitas anak                                       -                 -                                     Subsidiary
        Utang pajak kini                                   -        16.049.378                            Income tax payables


                                                          114
Page 588
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


22. PERPAJAKAN (lanjutan)                                         22. TAXATION (continued)

   b.   Beban Pajak Penghasilan (lanjutan)                            b. Deferred Tax Expense (continued)

        Rincian rugi fiskal adalah sebagai berikut:                      The details of fiscal losses are as follows:

                                                 31 Desember/December 31,

                                                  2023                2022

        Tahun 2023                              (101.689.960)                   -                                     Year 2023
        Tahun 2021                                         -          (12.984.010)                                    Year 2021
        Tahun 2020                                         -         (188.919.790)                                    Year 2020

        Total akumulasi rugi fiskal yang                                                           Total accumulated tax losses
            dapat dikompensasi                  (101.689.960)        (201.903.800)                           carried forward
        Rugi fiskal yang dikompensasi                      -          201.903.800                      Compensated tax losses

        Sisa akumulasi rugi fiskal              (101.689.960)                   -         Remaining accumulated tax losses


        Penghasilan kena pajak hasil rekonsiliasi                         Taxable income results from reconciliation are
        merupakan dasar dalam pengisian Surat                             the basis in preparing the Company’s Annual
        Pemberitahuan Tahunan (SPT) PPh Badan                             Tax Return (SPT) of Corporate Income Tax.
        Perseroan.

        Rekonsiliasi antara rugi sebelum beban pajak                      The reconciliation between loss before tax as
        pada laporan laba rugi dan penghasilan                            shown in the statements of comprehensive
        komprehensif lain dan perhitungan pajak                           income and income tax calculation and the
        penghasilan dan Manfaat Pajak untuk Bank                          related estimate of the current tax benefit for
        Victoria dan entitas anak adalah sebagai                          Bank Victoria and its Subsidiaries are as
        berikut:                                                          follows:

                                                 31 Desember/December 31,

                                                  2023                2022

        Laba konsolidasian                                                                                   Consolidated profit
          sebelum pajak penghasilan              129.536.228          356.930.827                           before income tax

        Pajak dihitung dengan tarif                                                                 Tax calculated at applicable
          pajak yang berlaku                      28.497.970           78.524.782                                   tax rates
        Dampak pajak penghasilan pada:                                                                            Tax effects of:
        - Beban yang tidak dapat                                                                      Expenses not deductible -
            dikurangkan untuk tujuan pajak            (975.050)        (3.934.403)                        for tax purposes
        - Entitas Anak                                       -          1.134.958                                   Subsidiary -

        Dampak rugi fiskal                                   -                  -                                      Tax losses
        Penyesuaian atas                                                                                           Adjustment for
          aset pajak tangguhan                        196.967          55.032.037                              for deffered tax

        Beban pajak                                                                                               Deferred tax
          penghasilan - bersih                    27.719.887          130.757.374                             expenses - net


        Perhitungan pajak penghasilan untuk tahun                         The income tax calculation for year ended
        yang berakhir pada tanggal 31 Desember 2023                       December 31, 2023 is based on preliminary
        didasarkan pada perhitungan sementara untuk                       calculation for accounting purpose, as the Bank
        tujuan akuntansi, karena Bank belum                               has not yet submitted its annual income tax
        menyampaikan Surat Pemberitahuan Tahunan                          return (SPT). The calculations of income tax for
        (SPT) Badan. Perhitungan pajak penghasilan                        the year ended December 31, 2022 conform to
        badan untuk tahun yang berakhir tanggal                           the Bank’s Annual Tax Return.
        31 Desember 2022 adalah sesuai dengan SPT
        Tahunan Bank.



                                                             115
Page 589
                                                                                                    The original financial statements included herein are in
                                                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)


22. PERPAJAKAN (lanjutan)                                                                 22. TAXATION (continued)

   b.   Beban Pajak Penghasilan (lanjutan)                                                    b. Deferred Tax Expense (continued)

        Pada tanggal 29 Oktober 2021, berdasarkan                                                    On October 29, 2021, based on law No. 7 year
        Undang-Undang No. 7 tahun 2021 tentang                                                       2021 harmonization of taxation regulation,
        harmonisasi peraturan perpajakan, antara lain                                                among others regulates that income tax rate on
        mengatur bahwa tarif pajak yang dikenakan                                                    corporate     taxpayer      and     permanent
        atas penghasilan kena pajak bagi wajib pajak                                                 establishment’s corporate taxable income 22%
        Badan dalam negeri dan bentuk usaha tetap                                                    which will be effective for fiscal year 2022
        adalah sebesar 22% yang berlaku pada tahun                                                   onwards.
        pajak 2022 dan seterusnya.

        Tarif pajak baru tersebut digunakan sebagai                                                  The new tax rates are used as references to
        acuan untuk pengukuran aset dan liabilitas                                                   measure the current and deferred tax assets
        pajak kini dan tangguhan sejak berlakunya                                                    and liabilities starting from the enactment date
        peraturan tersebut yaitu 29 Oktober 2021.                                                    of the new regulation on October 29, 2021.

   c. Pajak tangguhan                                                                        c.     Deferred tax
                                                                       31 Desember/ December 31, 2023
                                                                    (Dibebankan)/      (Dibebankan)/ dikreditkan
                                                                dikreditkan ke laporan       ke pendapatan
                                                                       laba rugi/          komprehensif lain /
                                                                      (Charged)/         (Charged)/ Credited to
                                           1 Januari/                 Credited to         other comprehensive          31 Desember/
                                            January                  profit or loss              income                 December
        Cadangan bonus, jasa                                                                                                                        Accrued bonuses, professional
           profesional dan promosi                2.669.950                   319.400                  (746.820)                  2.242.530                    fee and promotion
        Cadangan kerugian penurunan                                                                                                                                   Allowance for
           nilai                               144.943.198               (20.932.380)                          -             124.010.818                     impairment lossess
        Imbalan pasca kerja                      8.963.403                    667.816                          -               9.631.219                Post-employment benefits
        Kerugian yang belum                                                                                                                                    Unrealised losses on
           direalisasi atas perubahan                                                                                                                      changes in fair value
           nilai wajar                                                                                                                                  on investment in shares
           penyertaan saham                      30.146.514              (30.146.514)                          -                          -                 measures at FVTPL
        Keuntungan/kerugian yang                                                                                                                                   Unrealised gains/
           belum direalisasi atas                                                                                                                           (losses) on changes
           perubahan nilai wajar                                                                                                                       in fair value of securities
           efek-efek yang diukur                                                                                                                                    measured at
           pada FVOCI                            10.884.268                           -              (6.136.700)                  4.747.568                                FVOCI
        Rugi pajak yang bisa
           dikompensasi                                     -              22.371.791                          -                 22.371.791               Tax loss carry forward
        Jumlah aset pajak tangguhan                                                                                                                                 Total deferred
           - bersih                            197.607.333               (27.719.887)                (6.883.520)             163.003.926                        tax assets - net



                                                                            31 Desember/ December 31, 2022
                                                                                      (Dibebankan)/
                                                               (Dibebankan)/          dikreditkan ke
                                                           dikreditkan ke laporan      pendapatan
                                                                  laba rugi/        komprehensif lain /  Dampak kehilangan
                                                                 (Charged)/       (Charged)/ Credited to pengendali entitas
                                         1 Januari/              Credited to       other comprehensive     anak/ Loss on            31 Desember/
                                          January               profit or loss            income         control on subsiary         December
        Entitas Induk                                                                                                                                             Parent Company
        Cadangan bonus, jasa                                                                                                                       Accrued bonuses, professional
            profesional dan promosi            552.169                 1.810.532                307.249                      -             2.669.950          fee and promotion
        Cadangan kerugian penurunan                                                                                                                                  Allowance for
            nilai                          216.307.793                (71.364.595)                    -                      -           144.943.198        impairment lossess
        Imbalan pasca kerja                  9.219.232                   (255.829)                    -                      -             8.963.403   Post-employment benefits
        Kerugian yang belum                                                                                                                                   Unrealised losses on
            direalisasi atas perubahan                                                                                                                    changes in fair value
            nilai wajar                                                                                                                                on investment in shares
            penyertaan saham                 29.490.813                   655.701                     -                      -            30.146.514       measures at FVTPL
        Keuntungan/kerugian yang                                                                                                                                  Unrealised gains/
            belum direalisasi atas                                                                                                                         (losses) on changes
            perubahan nilai wajar                                                                                                                     in fair value of securities
            efek-efek yang diukur                                                                                                                                  measured at
            pada FVOCI                       (5.074.568)                        -            15.958.836                      -            10.884.268                      FVOCI
        Rugi pajak yang bisa
            dikompensasi                     44.418.846               (44.418.846)                    -                                             -       Tax loss carry forward
        Aset/(liabilitas) pajak                                                                                                                                  Deferred tax asset/
           tangguhan Bank - bersih         294.914.285              (113.573.037)            16.266.085                      -           197.607.333         (liability) Bank - net
        Dampak kehilangan                                                                                                                                          Loss on control
          pengendalian entitas anak           7.474.317                         -                     -            (7.474.317)                      -             on Subsidiary
        Jumlah aset pajak tangguhan                                                                                                                                 Total deferred
           - bersih                        302.388.602              (113.573.037)            16.266.085            (7.474.317)           197.607.333            tax assets - net



        Manajemen berpendapat bahwa aset pajak                                                      Management believes that total deferred tax
        tangguhan yang timbul dari perbedaan temporer                                               assets arising from temporary differences are
        kemungkinan besar dapat direalisasi pada                                                    probable to be realised in the future years.
        tahun-tahun mendatang.



                                                                                     116
Page 590
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


23. AKRUAL DAN LIABILITAS LAIN-LAIN                            23. ACCRUALS AND OTHER LIABILITIES

                                                 31 Desember/December 31,

                                                  2023             2022

   Bunga dan bagi hasil                                                                                      Interest and profit
      yang masih harus dibayar                    74.152.843       58.180.650                              sharing payable
   Liabilitas sewa                                47.309.526       33.100.288                                   Lease liabilities
   Beban akrual                                   19.003.791       18.200.019                              Accrued expenses
   Kewajiban Transaksi ATM,                                                                                 ATM Transaction,
      Internet Banking dan                                                                           Internet Banking and
      Mobile Banking                              14.463.254       12.300.903                     Mobile Banking liabilities
   Cadangan THR dan bonus                         13.104.974       20.706.772                       THR and bonus reserves
   Hutang kepada supplier                         10.521.933       13.845.357                         Payable to third parties
   Cadangan kerugian                                                                         Allowance for impairment losses
      Bank Garansi                                 1.178.357          241.681                             Bank Guarantee
   Cadangan personalia dan                                                                            Personnel reserve and
      biaya pendidikan karyawan                    1.119.075        2.047.573               employee education expenses
   Kewajiban derivatif                                74.058        1.164.980                        Derivatives receivables
   Pendapatan diterima di muka                       362.721           11.581                            Unearned revenues
   Lainnya                                        12.167.006        1.140.776                                            Others

   Jumlah                                        193.457.538      160.940.580                                              Total


   Beban akrual lainnya meliputi biaya administrasi dan           Accrued expenses consist of administration and
   operasional.                                                   operational expenses.

   Saldo lain-lain pada tanggal 31 Desember 2023 dan              The balance of others as of December 31, 2023 and
   2022 terutama terdiri dari hutang kepada pihak                 2022 mainly consist of liabilities to third parties.
   ketiga.


24. LIABILITAS IMBALAN KERJA KARYAWAN                          24. EMPLOYEE BENEFITS OBLIGATION

   Liabilitas imbalan kerja yang diakui di laporan posisi         Employee benefit liabilities recognized in                the
   keuangan adalah sebagai berikut:                               statement of financial position are as follows:

                                                 31 Desember/December 31,

                                                  2023             2022

   Liabilitas imbalan pasca kerja                 39.837.511       40.196.622               Post-employment benefits liability


   Imbalan kerja jangka panjang                                   Long term employee benefit
   Informasi di bawah ini mengikhtisarkan komponen                The     following    informations summarise the
   beban imbalan pasca kerja karyawan yang diakui di              components of post-employment benefits expense
   laporan laba rugi dan penghasilan komprehensif lain            recognised in the profit or loss and other
   dan liabilitas imbalan pasca kerja karyawan yang               comprehensive income and post-employment
   diakui di laporan posisi keuangan pada tanggal                 benefits liability recognised in the statement of
   31 Desember 2023 dan 2022 berdasarkan                          financial position on December 31, 2023 and 2022,
   perhitungan     yang   dilakukan    oleh  aktuaris             based on the independent actuarial calculation
   independen Kantor Konsultan Aktuaria Tubagus                   carried out by an independent actuary Kantor
   Syafrial & Amran Nangasan dan PT Ricky Leonard                 Konsultan Aktuaria Tubagus Syafrial & Amran
   Jasatama, menggunakan metode ”Projected Unit                   Nangasan and PT Ricky Leonard Jasatama, applied
   Credit”.                                                       the “Projected Unit Credit” method.




                                                            117
Page 591
                                                                                 The original financial statements included herein are in
                                                                                                                   Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


24. LIABILITAS      IMBALAN       KERJA      KARYAWAN               24. EMPLOYEE BENEFITS OBLIGATION (continued)
    (lanjutan)

   Imbalan kerja jangka panjang (lanjutan)                                Long term employee benefit (continued)
   a. Beban/(pendapatan) imbalan pasca kerja                              a.     Post-employment             benefits       expenses/
                                                                                 (income)
                                                   31 Desember/December 31,

                                                    2023                   2022

       Biaya jasa kini                               5.293.469                  4.891.029                           Current service cost
       Biaya jasa lalu                                       -                    170.968                              Past service cost
       Biaya jasa lalu (penyesuaian IFRIC)                   -                 (1.265.016)         Past service cost (IFRIC adjustment)
       Biaya bunga                                   2.894.157                  2.359.788                                  Interest cost
       Biaya pesangon pemutusan
          hubungan kerja                                        -                       -                            Severance payment

       Jumlah                                        8.187.626                 6.156.769                                            Total


   b. Liabilitas imbalan pasca kerja                                      b.     Post-employment benefits liability

                                                   31 Desember/December 31,
                                                    2023                   2022
       Nilai kini kewajiban                                                                                      Present value of defined
          imbalan pasti                             39.837.511              40.196.622                              benefit obligations


      Mutasi nilai kini kewajiban adalah sebagai                                 The movement in the present value of obligation
      berikut:                                                                   are as follow:
                                                   31 Desember/December 31,

                                                    2023                   2022
       Pada awal tahun                              40.196.622              43.884.161                    At the beginning of the year
       Biaya jasa kini                               5.293.469               4.891.029                             Current service cost
       Biaya jasa lalu                                       -              (1.094.048)                               Past service cost
       Imbalan yang dibayar                         (5.152.098)             (7.319.628)                                   Benefits paid
       Beban bunga                                   2.894.157               2.359.788                                    Interest cost
       Kerugian/(keuntungan) aktuarial              (3.394.639)              2.466.010                             Actuarial loss/(gain)
       Dampak kehilangan pengendalian                                                                                   Loss of control
         entitas anak                                           -           (4.990.690)                               on subsidiary

       Pada akhir tahun                             39.837.511              40.196.622                           At the end of the year


       Asumsi-asumsi utama yang digunakan dalam                                  The principal assumptions used to determine
       menghitung liabilitas imbalan pasca kerja pada                            the post-employment benefits liability as of
       tanggal 31 Desember 2023 dan 2022 adalah                                  December 31, 2023 and 2022 are as follows:
       sebagai berikut:
                                                   31 Desember/December 31,
                                                    2023                   2022
       Usia pensiun normal                       55 tahun/years          55 tahun/years                           Normal retirement age
       Tingkat mortalita                                   TM IV                   TM IV                                   Mortality rate
       Tingkat cacat                         5,00% dari tingkat      5,00% dari tingkat                                   Disability rate
                                                       mortalita/              mortalita/
                                                of mortality rate       of mortality rate
       Tingkat pengunduran diri               5,00% per tahun/        5,00% per tahun/                                  Resignation rate
                                                     per annum               per annum
       Tingkat kenaikan gaji                  7,32% per tahun/        7,32% per tahun/                              Salary increase rate
                                                     per annum               per annum
       Tingkat suku bunga                     6,76% per tahun/        7,20% per tahun/                                       Interest rate
                                                     per annum               per annum

                                                               118
Page 592
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


24. LIABILITAS     IMBALAN     KERJA     KARYAWAN           24. EMPLOYEE BENEFITS OBLIGATION (continued)
    (lanjutan)

   Imbalan kerja jangka panjang (lanjutan)                      Long term employee benefit (continued)

    b. Liabilitas imbalan pasca kerja (lanjutan)                b.    Post-employment              benefits          liability
                                                                      (continued)

       Bank terekspos dengan beberapa risiko melalui                  The Bank is exposed to a number of risks
       program imbalan pasti, dengan risiko paling                    through its defined benefit pension plan, with the
       signifikan pada tingkat diskonto obligasi dan                  most significant risk on bond’s discount rates and
       kenaikan gaji.                                                 salary increase.

       Tabel di bawah menunjukkan sensitivitas atas                  The following table represent the sensitivity
       kemungkinan perubahan tingkat kenaikan gaji                   analysis of a reasonably possible change in
       dan tingkat diskonto terhadap kewajiban imbalan               salary increase and discount rate of obligation to
       pasca kerja Bank (tidak diaudit):                             Bank’s     post-employment     benefit     liability
                                                                     (unaudited):

                                           31 Desember/December 31, 2023
                                         Peningkatan/        Penurunan/
                                          Increase by       Decrease by
                                            100 bps            100 bps

       Tingkat diskonto                     (2.379.169)           2.666.818                                    Discount rates
       Kenaikan gaji                         2.627.178           (2.389.227)                                 Salary increases

                                           31 Desember/December 31, 2022
                                         Peningkatan/        Penurunan/
                                          Increase by       Decrease by
                                            100 bps            100 bps

       Tingkat diskonto                     (2.456.823)           2.734.195                                    Discount rates
       Kenaikan gaji                         2.705.134           (2.476.013)                                 Salary increases


       Analisis sensitivitas di atas didasarkan pada                  The above sensitivity analysis are based on a
       perubahan atas asumsi tunggal dengan asumsi                    change in an assumption while holding all other
       lainnya konstan. Pada praktiknya, kecil                        assumption constant. In practice, this is unlikely
       kemungkinan hal tersebut terjadi, dan                          to occur, and the changes in some of the
       perubahan-perubahan dalam beberapa dalam                       assumption may be correlated. When calculation
       beberapa asumsi mungkin saling berhubungan.                    the sensitivity of the defined benefit obligation to
       Ketika melakukan perhitungan sensitivitas dari                 significant actuarial assumptions, the same
       kewajiban imbalan pasti ke asumsi aktuarial                    method (present value if the defined benefit
       yang signifikan, metode yang sama (nilai kini                  obligation calculation with the projected unit
       dari kewajiban imbalan pasti yang dihitung                     credit method at the end of the reporting period)
       menggunakan projected unit credit pada akhir                   has been applied as when calculating the
       periode pelaporan) telah diterapkan seperti saat               pension liability recognised within the statement
       menghitung kewajiban pensiun yang diakui                       of financial position.
       pada laporan posisi keuangan.

       Harapan umur hidup                                             Life expectancy

       Sebagian besar dari kewajiban program                          The majority of the plan’s obligations are to
       menyediakan manfaat seumur hidup, sehingga                     provide benefits for the life of the member, so
       kenaikan umur hidup akan mengakibatkan                         increases in life expectancy will result in an
       kenaikan liabilitas program.                                   increase in plan’s liabilities.




                                                          119
Page 593
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


24. LIABILITAS     IMBALAN     KERJA      KARYAWAN            24. EMPLOYEE BENEFITS OBLIGATION (continued)
    (lanjutan)

   Imbalan kerja jangka panjang (lanjutan)                         Long term employee benefit (continued)

    b. Liabilitas imbalan pasca kerja (lanjutan)                   b.     Post-employment              benefits          liability
                                                                          (continued)

       Harapan umur hidup (lanjutan)                                      Life expectancy (continued)

       Sebagian besar dari kewajiban program                              The majority of the plan’s obligations are to
       menyediakan manfaat seumur hidup, sehingga                         provide benefits for the life of the member, so
       kenaikan umur hidup akan mengakibatkan                             increases in life expectancy will result in an
       kenaikan liabilitas program.                                       increase in plan’s liabilities.

       Pada 31 Desember 2023 dan 2022, durasi rata-                       In December 31, 2023 and 2022, the weighted
       rata tertimbang dari liabilitas imbalan pasti                      average duration of the defined benefit
       adalah 14,5 dan 16 tahun (tidak diaudit).                          obligation are 14.5 and 16 years (unaudited).

       Analisis jatuh tempo yang diharapkan dari                          Expected maturity analysis of employee
       manfaat pensiun adalah sebagai berikut (tidak                      benefits are as follows (unaudited):
       diaudit):

                                                31 Desember/December 31,

                                                 2023               2022

       Kurang dari 1 tahun                        2.989.627              2.216.198                               Less than 1 year
       2 - 5 tahun                               15.166.437             13.435.221                                     2 - 5 years
       5 - 10 tahun                               9.475.613             15.339.015                                   5 - 10 years
       Lebih dari 10 tahun                       12.205.834              9.206.188                                 Over 10 years

       Jumlah                                    39.837.511             40.196.622                                          Total


25. MODAL SAHAM                                               25. SHARE CAPITAL

   Susunan pemegang saham Bank masing-masing                       The Bank's shareholders as of December 31, 2023
   pada tanggal 31 Desember 2023 dan 2022                          and 2022 based on the report of PT Adimitra Jasa
   berdasarkan laporan dari Biro Administrasi Efek                 Korpora, the Shares Registration Bureau, are as
   PT Adimitra Jasa Korpora adalah sebagai berikut:                follows:

                                            31 Desember/December 31, 2023
                                    Jumlah saham
                                     ditempatkan
                                     dan disetor     Persentase
                                        penuh/      kepemilikan/   Jumlah modal
                                      Number of      Percentage    yang disetor/
                                    shares issued        of         Total capital
            Pemegang Saham          and fully paid   ownership          (Rp)                            Shareholders
   PT Victoria Investama Tbk            7.010.537.747           44,24         701.053.775              PT Victoria Investama Tbk
   Suzanna Tanojo                       3.066.411.303           19,35         306.641.130                        Suzanna Tanojo
   PT Nata Patindo                         48.823.665            0,31           4.882.367                        PT Nata Patindo
   Masyarakat (masing-masing
     di bawah 5%)                       5.722.463.063           36,10         572.246.306       Public (individually less than 5%)
   Jumlah                              15.848.235.778         100,00        1.584.823.578                                    Total




                                                          120
Page 594
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


25. MODAL SAHAM (lanjutan)                                   25. SHARE CAPITAL (continued)

   Susunan pemegang saham Bank masing-masing                       The Bank's shareholders as of December 31, 2023
   pada tanggal 31 Desember 2023 dan 2022                          and 2022 based on the report of PT Adimitra Jasa
   berdasarkan laporan dari Biro Administrasi Efek                 Korpora, the Shares Registration Bureau, are as
   PT Adimitra Jasa Korpora adalah sebagai berikut:                follows: (continued)
   (lanjutan)


                                               31 Desember/December 31, 2022
                                       Jumlah saham
                                        ditempatkan
                                        dan disetor     Persentase
                                           penuh/      kepemilikan/   Jumlah modal
                                         Number of      Percentage    yang disetor/
                                       shares issued        of         Total capital
            Pemegang Saham             and fully paid   ownership          (Rp)                        Shareholders
   PT Victoria Investama Tbk             6.880.162.747          43,41        688.016.275            PT Victoria Investama Tbk
   Suzanna Tanojo                        3.066.411.303          19,35        306.641.130                      Suzanna Tanojo
   Chemical Asia Corporation Pte Ltd       871.275.600           5,50         87.127.560      Chemical Asia Corporation Pte Ltd
   PT Nata Patindo                          48.823.665           0,31          4.882.366                      PT Nata Patindo
   Masyarakat (masing-masing
     di bawah 5%)                        4.981.561.399          31,43        498.156.140       Public (individually less than 5%)
   Jumlah                               15.848.234.714       100,00        1.584.823.471                                    Total

   Mutasi jumlah saham yang ditempatkan dan disetor                 The movement in the number of shares issued and
   penuh adalah sebagai berikut:                                    fully paid are as follows:

                                                      Jumlah Saham/
                                                     Number of Shares

    Saldo 1 Januari 2023                                   15.848.234.714                      Balance as of January 1, 2023
    Penambahan modal saham dari                                                             Additional in shares capital from the
       pelaksanaan waran Seri VII tahun 2023                        1.064           execution of Series VII warrants in 2023
    Saldo 31 Desember 2023                                 15.848.235.778                   Balance as of December 31, 2023


   Berdasarkan hasil Rapat Umum Pemegang Saham                      According to the results of the Annual General
   Tahunan tanggal 3 Juni 2022 yang telah dituangkan                Meeting of Shareholders on June 3, 2022 which
   dalam Akta Notaris No. 05 tanggal 3 Juni 2022,                   has been stated in Notary Deed No. 05 dated
   pemegang saham menyetujui rencana Penambahan                     June 3, 2022, the shareholders approved the plan
   Modal dengan Memberikan Hak Memesan Efek                         to execute increase Share Issuance with
   Terlebih Dahulu.                                                 Pre-emptive Rights.

   Pada tanggal 31 Agustus 2022, Bank melakukan                     On August 31, 2022, the Bank issued shares for
   penerbitan saham atas Penambahan Modal dengan                    Share Issuance with Pre-emptive Rights of
   Hak Memesan Efek Terlebih Dahulu sebanyak                        2,553,461,919 shares with an exercise price of
   2.553.461.919 lembar saham dengan harga                          Rp150 (one hundred fifty Rupiah) per share or a
   pelaksanaan sebesar Rp150 (sembilan lima puluh                   total of Rp383,019,288 (three hundred eighty three
   rupiah) per saham atau seluruhnya sejumlah                       billion nineteen million two hundred and eighty-eight
   Rp383.019.288 (tiga ratus delapan puluh tiga miliar              thousand Rupiah) which has been entered into a
   sembilan belas juta dua ratus delapan puluh delapan              Bank’s account on August 31, 2022.
   ribu rupiah) yang telah masuk dalam rekening bank
   pada tanggal 31 Agustus 2022.

   Peningkatan modal disetor ini telah dituangkan                  This increase in paid-in capital has been stated in
   dalam Akta Notaris No. 1 tanggal 2 September 2022               Notarial Deed No. 1 dated September 2, 2022 and
   dan telah diterima dan dicatat di dalam Sistem                  has been reported and accepted by Ministry of Law
   Administrasi Badan Hukum Kementerian Hukum dan                  and Human Rights of the Republic of Indonesia
   HAM berdasarkan surat No. AHU-AH.01.03-                         through its letter No. AHU-AH.01.03-0287195 dated
   0287195 tanggal 3 September 2022.                               September 3, 2022.


                                                          121
Page 595
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


25. MODAL SAHAM (lanjutan)                                  25. SHARE CAPITAL (continued)

   Berdasarkan hasil Rapat Umum Pemegang Saham                  Based on the results of the Extraordinary General
   Luar Biasa tanggal 19 Oktober 2022 yang telah                Meeting of Shareholders on October 19, 2022 which
   dituangkan dalam Akta Notaris No. 31 tanggal                 has been stated in Notary Deed No. 31 dated
   19 Oktober 2022, pemegang saham menyetujui                   October 19, 2022, the shareholders approved the
   rencana Penambahan Modal dengan Memberikan                   plan to increase capital by granting pre-emptive
   Hak Memesan Efek Terlebih Dahulu disertai dengan             rights accompanied by the issuance of Series VII
   penerbitan Waran Seri VII (Catatan 26).                      Warrants (Note 26).

   Pada tanggal 29 Desember 2022, Bank melakukan                On December 29, 2022, the Bank issued shares for
   penerbitan saham atas Penambahan Modal dengan                Share Issuance with Pre-emptive Rights of
   Hak Memesan Efek Terlebih Dahulu sebanyak                    2,807,640,227 shares with an exercise price of
   2.807.640.227 lembar saham dengan harga                      Rp150 (one hundred fifty Rupiah) per share or a total
   pelaksanaan sebesar Rp150 (seratus lima puluh                of Rp421,146,034 (four hundred twenty one billion
   rupiah) per saham atau seluruhnya sejumlah                   one hundred forty-six million thirty-four thousand
   Rp421.146.034 (empat ratus dua puluh satu miliar             Rupiah) which was entered into a Bank’s account on
   seratus empat puluh enam juta tiga puluh empat ribu          December 28, 2022 in conjunction with the issuance
   rupiah) yang telah masuk dalam rekening bank                 of Series VII Warrants of 2,573,670,117 warrants
   pada tanggal 28 Desember 2022 disertai dengan                with an exercise price of Rp100 (one hundred
   penerbitan Waran Seri VII sebanyak 2.573.670.117             Rupiah) per warrant.
   waran dengan harga pelaksanaan sebesar Rp100
   (seratus Rupiah) per waran.

   Peningkatan modal disetor ini telah dituangkan               This increase in paid-in capital has been stated in
   dalam Akta Notaris No. 7 tanggal 29 Desember                 Notarial Deed No. 7 dated December 29, 2022 and
   2022 dan telah diterima dan dicatat di dalam                 has been reported and accepted by Ministry of Law
   Sistem Administrasi Badan Hukum Kementerian                  and Human Rights of the Republic of Indonesia
   Hukum       dan    HAM     berdasarkan    surat              through its letter No. AHU-AH.01.03.0497387 dated
   No. AHU-AH.01.03.0497387 tanggal 29 Desember                 December 29, 2022. Therefore, the number of
   2022. Sehingga jumlah saham yang ditempatkan                 issued and fully paid shares on December 31, 2022
   dan disetor penuh pada 31 Desember 2022 adalah               is 15,848,234,714 shares.
   15.848.234.714 saham.

   Pada tahun 2023, Bank menerbitkan 1.064 lembar               In 2023, the Bank issued 1,064 shares originating
   saham yang berasal dari hasil pelaksanaan Waran              from the execution of Series VII Warrants in 2023, so
   Seri VII pada tahun 2023 sehingga jumlah saham               the total shares placed and fully paid as of
   yang ditempatkan dan disetor penuh pada                      December 31, 2023 were 15,848,235,778 shares.
   31 Desember 2023 adalah 15.848.235.778 saham.


26. TAMBAHAN MODAL DISETOR DAN SETORAN                      26. ADDITIONAL PAID-IN CAPITAL AND CAPITAL
    MODAL DITERIMA DIMUKA                                       RECEIVED IN ADVANCE

   Tambahan modal disetor merupakan selisih antara              The additional paid-in capital represent the excess
   jumlah yang diterima dari penerbitan saham dengan            of proceeds from issuance of shares with the par
   nilai nominal yang dicatat sebagai setoran modal.            value recorded as paid-in capital

   Pada 4 Juni 2022, Sistem Administrasi Badan                  On June 4, 2022, Legal Entity Administration
   Hukum Kementerian Hukum dan HAM berdasarkan                  System of the Ministry of Law and Human Rights
   surat No. AHU-0103473.AH.01.11 Tahun 2022,                   based on letter No. AHU-0103473.AH.01.11 Year
   telah mencatatkan peningkatan modal disetor Bank             2022, the Bank’s paid-up capital increased to
   menjadi Rp4.100.000.000.000,- (empat triliun                 Rp4,100,000,000,000.- (four trillion one hundred
   seratus miliar Rupiah) (nilai penuh) saham masing-           billion Rupiah) (full amount) shares each with
   masing dengan nilai nominal Rp100 (seratus                   nominal of Rp100 (one hundred Rupiah) (full
   Rupiah) (nilai penuh). Peningkatan modal disetor ini         amount). This increase of paid-in capital is based on
   berdasarkan hasil Rapat Umum Pemegang Saham                  the results of the Annual General Meeting of
   Tahunan yang telah dituangkan dalam Akta Notaris             Shareholders as stated in the Notarial Deed No. 7
   No. 7 tanggal 3 Juni 2022.                                   on June 3, 2022.



                                                          122
Page 596
                                                                 The original financial statements included herein are in
                                                                                                   Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                         PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                             NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                            As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                           for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                          (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)


26. TAMBAHAN MODAL DISETOR DAN SETORAN                   26. ADDITIONAL PAID-IN CAPITAL AND CAPITAL
    MODAL DITERIMA DIMUKA (lanjutan)                         RECEIVED IN ADVANCE (continued)

  Pada 22 Juni 2022, Bank menerima tambahan dana             On June 22, 2022, the Bank received fund of capital
  setoran modal diterima dimuka dari PT Victoria             received in advance from PT Victoria Investama
  Investama Tbk, PT Bhuwanatala Indah Permai Tbk,            Tbk, PT Bhuwanatala Indah Permai Tbk, PT Victoria
  PT Victoria Sekuritas Indonesia, PT Victoria Alife         Sekuritas Indonesia, PT Victoria Alife Indonesia and
  Indonesia, dan PT Emperor Finance Indonesia                PT Emperor Finance Indonesia amounted to
  dengan        total      seluruhnya      sebesar           Rp254,500,000,000 (full amount) to fulfill the
  Rp254.500.000.000 (nilai penuh) dalam rangka               minimum core capital requirement in accordance
  pemenuhan modal inti minimum berdasarkan POJK              with POJK No 12/POJK.03/2020 regarding
  No. 12/POJK.03/2020 tentang Konsolidasi Bank               Commercial Bank Consolidation in accordance with
  Umum yang pelaksanaannya dilakukan sesuai                  POJK No.11/POJK.03/2016 regarding Liability for
  dengan ketentuan POJK No. 11/POJK.03/2016                  Fulfillment of Minimum Capital of Commercial Bank
  tentang Kewajiban Penyediaan Modal Minimum                 dated January 29, 2016.
  Bank Umum tanggal 29 Januari 2016.

  Pada tanggal 31 Agustus 2022 Bank melakukan                On August 31, 2022 the Bank issued 2,553,461,919
  penerbitan 2.553.461.919 lembar saham dengan               shares with an exercise price of Rp150 (full amount)
  harga pelaksanaan Rp150 (nilai penuh) per lembar           per share. The total proceeds received from the
  saham. Total penerimaan dana dari penerbitan               issuance     of    these     shares   amounted    to
  saham tersebut adalah sebesar Rp383.019.288                Rp383,019,288 where the nominal value of the
  dimana nilai nominal saham adalah sebesar                  shares was Rp255,346,192 therefore for the
  Rp255.346.192 sehingga atas penerbitan saham               issuance of these shares the Bank recorded
  tersebut Bank mencatat tambahan modal disetor              additional paid-in capital of Rp127,673,096.
  sebesar Rp127.673.096.

  Penerbitan saham ini mencakup konversi dana                The issuance of these shares includes the
  setoran modal diterima dimuka yang telah diterima          conversion of capital received in advance from
  dari PT Victoria Investama Tbk, PT Bhuwanatala             PT Victoria Investama Tbk, PT Bhuwanatala Indah
  Indah Permai Tbk, PT Victoria Sekuritas Indonesia,         Permai Tbk, PT Victoria Sekuritas Indonesia,
  PT Victoria Alife Indonesia dan PT Emperor Finance         PT Victoria Alife Indonesia and PT Emperor Finance
  menjadi saham dengan harga pelaksanaan Rp150               into shares with an exercise price of Rp150 (full
  (nilai penuh) per saham dengan total seluruhnya            amount) per share for a total of Rp312,450,000 so
  Rp312.450.000 sehingga jumlah saham yang                   that the number of shares issued upon the
  diterbitkan atas konversi setoran modal diterima           conversion capital received in advance are
  dimuka adalah sebanyak 2.083.333.332 lembar.               2,083,333,332 shares. The conversion of capital
  Konversi setoran modal diterima dimuka telah               received in advance has been approved by Financial
  mendapatkan persetujuan dari Otoritas Jasa                 Services         Authority       through      letter
  Keuangan melalui        surat No. S-69/PB.33/2022          No. S-69/PB.33/2022 dated July 4, 2022.
  tanggal 4 Juli 2022.

  Pada tanggal 14 Oktober 2022, Bank menerima                On October 14, 2022, the Bank received additional
  tambahan dana setoran modal diterima dimuka dari           capital received in advance from Suzanna Tanojo in
  Suzanna Tanojo sebesar Rp200.000.000 dalam                 the amount of Rp200,000,000 in order to fulfill the
  rangka     pemenuhan    modal     inti  minimum            minimum core capital based on meeting the
  berdasarkan pemenuhan modal inti minimum                   minimum       core   capital   based   on   POJK
  berdasarkan POJKNo. 12/POJK.03/2020 tentang                No. 12/POJK.03/2020 concerning Consolidation of
  Konsolidasi Bank Umum yang pelaksanaannya                  Commercial Banks, the implementation of which is
  dilakukan sesuai dengan ketentuan POJK                     carried out in accordance with POJK provisions
  No.     11/POJK.03/2016   tentang      Kewajiban           No. 11/POJK.03/2016 concerning Minimum Capital
  Penyediaan Modal Minimum Bank Umum tanggal                 Adequacy Requirements for Commercial Banks
  29 Januari 2016.                                           dated January 29, 2016.




                                                       123
Page 597
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

    PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
      Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
   Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
        (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
            Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


26. TAMBAHAN MODAL DISETOR DAN SETORAN                    26. ADDITIONAL PAID-IN CAPITAL AND CAPITAL
    MODAL DITERIMA DIMUKA (lanjutan)                          RECEIVED IN ADVANCE (continued)

  Berdasarkan hasil Rapat Umum Pemegang Saham                 Based on Extraordinary General Meeting of
  Tahunan tanggal 19 Oktober 2022 yang telah                  Shareholders on October 19, 2022 which has been
  dituang dalam Akta Notaris No. 32 tanggal                   legalised through Notarial Deed No. 32 dated
  19 Oktober 2022 pemegang saham menyetujui                   October 19, 2022, the shareholders agreed the
  keputusan berikut:                                          following decisions:

  1.   Menyetujui Penambahan modal dengan Hak                 1.    Approved additional capital with Pre-emptive
       Memesan Efek Terlebih Dahulu (PMHMETD)                       Rights     (PMHMETD)        of   maximum      of
       sebanyak-banyaknya 4.955.425.905 saham                       4,955,425,905 shares with nominal value of
       dengan nilai nominal Rp100 per saham, yang                   Rp100 per share along with issuance of for
       disertai    dengan     penerbitan    sebanyak-               a maximum of 4,542,473,746 Warrant
       banyaknya 4.542.473.746 Waran Seri VII.                      Series VII.
  2.   Menyetujui pemberian kuasa dan wewenang                2.    Approved to grant power and authority to the
       kepada Direksi Bank untuk:                                   Board of Directors of Bank Victoria to:
           Menetapkan      jumlah     saham     yang                   Determine the number of shares offered in
            ditawarkan dalam PMHMETD serta jumlah                        the PMHMETD and the number of Warrant
            Waran Seri VII;                                              Series VII;
           Menetapkan         harga      pelaksanaan                   Determine the exercise price of PMHMETD
            PMHMETD dan harga pelaksanaan Waran                          and exercise price for Warrants Series VII;
            Seri VII;
           Melakukan      segala    tindakan    yang                    implementation    of   PMHMETD       and
            diperlukan dalam pelaksanaan PMHMETD                          issuance of Series VII Warrants with due
            dan penerbitan Waran Seri VII dengan                          observance of the applicable laws and
            memperhatikan peraturan perundang-                            regulations; and
            undangan yang berlaku; dan
           Melakukan         peningkatan       modal                    Increase the issued and paid-up capital
            ditempatkan dan modal disetor setelah                         after the implementation of the PMHMETD
            pelaksanaan PMHMETD dan Waran Seri                            and Series VII Warrants and amending
            VII dan mengubah Pasal 4 ayat 2 dan 3                         Article 4 paragraphs 2 and 3 of Bank
            Anggaran Dasar Bank Victoria.                                 Victoria's Articles of Association.

  Pada tanggal 29 Desember 2022, Bank melakukan               On December 29, 2022 the Bank issued
  penerbitan 2.807.640.227 lembar saham dengan                2,807,640,227 shares with an exercise price of
  harga pelaksanaan Rp150 (nilai penuh). Total                Rp150 (full amount). The total receipt of funds from
  penerimaan dana dari penerbitan saham tersebut              the issuance of these shares amounted to
  adalah sebesar Rp421.146.034 dimana nilai                   Rp421,146,034 where the nominal value of the
  nominal saham adalah sebesar Rp280.764.022                  shares was Rp280,764,022 so that for the issuance
  sehingga atas penerbitan saham tersebut Bank                of these shares the Bank recorded additional paid-in
  mencatat tambahan modal disetor sebesar                     capital of Rp140,382,012.
  Rp140.382.012.

  Penerbitan saham ini mencakup konversi atas dana            The issuance of these shares includes the
  setoran modal diterima dimuka yang telah diterima           conversion of capital received in advance from
  dari PT Victoria Investama Tbk dan Suzanna Tanojo           PT Victoria Investama Tbk and Suzanna Tanojo into
  menjadi saham dengan harga pelaksanaan Rp150                shares with an exercise price of Rp150 (full amount)
  (nilai penuh) per saham dengan total seluruhnya             per share for a total of Rp420,000,000 therefore the
  Rp420.000.000 sehingga jumlah saham yang                    number of shares issued on the conversion of
  diterbitkan atas konversi setoran modal diterima            capital received in advance is 2,799,999,999 shares.
  dimuka adalah sebanyak 2.799.999.999 lembar                 The conversion of capital received in advance has
  saham. Konversi setoran modal diterima dimuka               been approved by Financial Services Authority
  telah mendapatkan persetujuan dari Otoritas Jasa            based on approval letter No. S-120/PB.33/2022
  Keuangan       berdasarkan     surat   persetujuan          dated November 25, 2022.
  No. S-120/PB.33/2022 tanggal 25 November 2022.




                                                        124
Page 598
                                                                  The original financial statements included herein are in
                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                         PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                             NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                            As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                           for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                          (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                  Unless Otherwise Stated)


27. PENGGUNAAN LABA BERSIH TAHUN 2023                     27. APPROPRIATION OF INCOME 2023

   Penggunaan Laba Bersih Tahun 2023                          Appropriation of 2023 Net Income

   Berdasarkan Berita Acara Rapat Umum Pemegang               Based on the Minutes of the Annual General
   Saham Tahunan (RUPST) tanggal 26 Mei 2023                  Meeting of Shareholders dated May 26, 2023, as
   yang dinyatakan dalam Akta Notaris Fathiah Helmi,          stated in the Notarial Deed of Fathiah Helmi, S.H. on
   S.H. tanggal yang sama, Bank membukukan laba               the same date, the Bank posted a net profit in 2022,
   bersih pada tahun 2022, dan dipergunakan untuk             and this was used for general reserve funds and
   dana cadangan umum dan laba ditahan. Dengan                retained earnings. Thus, the Bank does not
   demikian Bank tidak melakukan pembagian dividen            distribute dividends to shareholders.
   untuk para pemegang saham.


28. CADANGAN UMUM                                         28. GENERAL RESERVES

   Pada tanggal 31 Desember 2023 dan 2022, Bank               As of December 31, 2023 and 2022, the Bank had
   telah membentuk cadangan umum dan wajib                    set up mandatory and general reserves amounting to
   sebesar Rp202.200.000 dan Rp177.200.000.                   Rp202,200,000 and Rp177,200,000. The increase of
   Kenaikan sebesar Rp25.000.000 merupakan                    Rp25,000,000 is an addition to the general reserve
   penambahan cadangan umum yang disepakati                   agreed upon at the Annual General Meeting of
   melalui Rapat Umum Pemegang Saham Tahunan                  Shareholders on May 26, 2023. The addition to the
   (RUPST) pada tanggal 26 Mei 2023. Penambahan               general reserve is outlined in the minutes of the
   cadangan umum tertuang dalam akta Berita Acara             Annual General Meeting of Shareholders as stated
   Rapat Umum Pemegang Saham Tahunan (RUPST)                  in the Notarial Deed of Fatiah Helmi S.H. on the
   yang dinyatakan dalam Akta Notaris Fatiah Helmi            same date.
   S.H. pada tanggal yang sama.

   Cadangan umum dan wajib ini dibentuk sehubungan            These general and legal reserve were provided in
   dengan Undang-Undang Republik Indonesia                    relation with the Law of the Republic of Indonesia
   No. 1/1995 yang telah digantikan dengan Undang-            No. 1/1995 which has been replaced with the Law
   Undang No. 40/2007 efektif tanggal 16 Agustus              No. 40/2007 effective on August 16, 2007 regarding
   2007 mengenai Perseroan Terbatas, yang                     the Limited Liability Company which requires the
   mengharuskan     perusahaan-perusahaan     untuk           companies to set up a general reserve amounting to
   membuat penyisihan cadangan umum sebesar                   at least 20% of the issued and paid-up share capital.
   sekurang-kurangnya 20% dari jumlah modal yang              There is no timeline over which this amount should
   ditempatkan dan disetor penuh. Undang-Undang               be provided.
   tersebut tidak mengatur jangka waktu untuk
   membentuk cadangan tersebut.


29. PENDAPATAN BUNGA DAN SYARIAH                          29. INTEREST AND SHARIA INCOME

                                              Tahun yang berakhir
                                           Pada tanggal 31 Desember/
                                           Years ended December 31,

                                             2023             2022

   Pendapatan bunga                                                                                    Interest income
   Pinjaman yang diberikan                1.477.526.055      1.328.667.150                                        Loans
   Efek-efek                                333.248.344        294.174.567                        Marketable securities
   Penempatan pada Bank Indonesia                                                        Placements with Bank Indonesia
     dan bank lain                           25.616.731        12.681.009                            and other banks

   Sub jumlah                             1.836.391.130      1.635.522.726                                      Sub total




                                                       125
Page 599
                                                                   The original financial statements included herein are in
                                                                                                     Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


29. PENDAPATAN BUNGA DAN SYARIAH (lanjutan)                 29. INTEREST AND SHARIA INCOME (continued)

                                               Tahun yang berakhir
                                            Pada tanggal 31 Desember/
                                            Years ended December 31,

                                              2023              2022

   Pendapatan syariah                                                                                     Sharia income
   Pendapatan bagi hasil                                -        21.416.012                                 Profit sharing
   Pendapatan margin                                    -        10.943.114                                Margin income
   Pendapatan ijarah - bersih                           -           155.606                        Net income from ijarah
   Pendapatan usaha utama lainnya                       -        36.980.953            Income from other main operational

   Sub jumlah                                           -        69.495.685                                      Sub total

   Jumlah                                  1.836.391.130      1.705.018.411                                           Total


   Jumlah pendapatan bunga dan syariah dari pihak              Total interest and sharia income from related parties
   berelasi untuk tahun yang berakhir pada tanggal             for the years ended December 31, 2023 and 2022
   31 Desember 2023 dan 2022 masing-masing                     amounted to Rp26,236,406 and Rp34,329,918
   adalah sebesar Rp26.236.406 dan Rp34.329.918                respectively (Note 39).
   (Catatan 39).


30. BEBAN BUNGA DAN SYARIAH                                 30. INTEREST AND SHARIA EXPENSES

                                               Tahun yang berakhir
                                            Pada tanggal 31 Desember/
                                            Years ended December 31,

                                              2023              2022

   Simpanan dana pihak ketiga                                                                          Third party deposits
     Deposito                                831.833.370        641.002.657                               Time deposits
     Tabungan                                135.286.864        116.774.716                            Savings deposits
     Giro                                     97.105.785         53.650.627                           Demand deposits
     Negotiable Certificate Deposits          18.551.748          5.132.618            Negotiable Certificate Deposits
   Simpanan dari bank lain                                                                      Deposits from other banks
     Call money                               24.553.240         16.525.592                                  Call money
   Efek-efek yang diterbitkan                144.948.333        133.908.333                              Securities issued
   Amortisasi emisi obligasi                   5.382.435          4.643.199           Amortisation of bonds issuance cost

   Jumlah                                  1.257.661.775        971.637.742                                          Total


   Jumlah beban bunga dan syariah dari pihak berelasi          Total interest and sharia expenses from related
   untuk tahun yang berakhir pada tanggal                      parties for the years ended December 31, 2023 and
   Desember 31, 2023 dan 2022 masing-masing                    2022 amounted to Rp33,127,025 and Rp23,911,683
   adalah sebesar Rp33.127.025 dan Rp23.911.683                respectively (Note 39).
   (Catatan 39).




                                                        126
Page 600
                                                                The original financial statements included herein are in
                                                                                                  Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                        PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                           As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                          for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                         (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)


31. PENDAPATAN OPERASIONAL LAINNYA - LAIN-               31. OTHER OPERATING INCOME - OTHERS - NET
    LAIN - BERSIH

                                             Tahun yang berakhir
                                          Pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2023              2022

   Pendapatan biaya administrasi                                                       Receipt of administrative charges
     jasa perbankan                        63.414.450         35.322.529                          for banking services
   Penerimaan kredit yang telah
     dihapus buku                          47.297.306        267.074.723                           Gain on written-off loan
   Keuntungan transaksi spot               35.422.092         20.546.247                      Gain from Spot transaction
   Keuntungan transaksi forward            11.313.000          3.637.200                 Gain from Forward transaction
   Pendapatan rekening tidak aktif,                                                      Income from inactive accounts,
     denda saldo minimum,                                                                    minimum deposit penalty,
     dan penggantian buku                   8.807.499          2.846.819                  saving account replacement
   Denda keterlambatan                      8.322.473          8.350.456                                    Penalty income
   Komisi atas Internet                                                                           Commission on Internet
     dan Mobile Banking                     5.719.435          6.022.481                            and Mobile Banking
   Laba transaksi swap                      1.559.855            858.950                          Swap transaction profits
   Pendapatan dari transaksi ATM              709.523          1.028.828                   Income from ATM transaction
   Pendapatan transaksi                                                                                         Income from
     letter of credit                         282.474            106.950                    letter of credit transactions
   (Kerugian)/keuntungan yang belum                                                           Unrealized (loss)/gain from
     terealisasi transaksi derivatif          202.833         (1.557.424)                       derivatives transactions
   Pendapatan transaksi BIFAST                  3.364                  -              Income from BIFAST transactions
   Penerimaan atas penjualan                                                                        Receipt from sales of
     pembiayaan                                      -         5.897.780                                         financing
   (Beban)/pendapatan administrasi                                                      Other administrative operational
     operasional lainnya                     5.907.880        (1.482.453)                             (expense)/income

   Jumlah                                 188.962.184        348.653.086                                            Total


32. BEBAN PENYISIHAN KERUGIAN PENURUNAN                  32. PROVISION FOR IMPAIRMENT LOSSES ON
    NILAI ASET KEUANGAN DAN NON-KEUANGAN                     FINANCIAL AND NON-FINANCIAL ASSETS

   Beban/(pendapatan)        penyisihan   kerugian          Provision for impairment losses expenses/(income)
   penurunan nilai aset keuangan:                           on financial assets are as follows:
                                             Tahun yang berakhir
                                          Pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2023              2022

   Pinjaman yang diberikan                245.414.162        183.850.936                                          Loans
   Pendapatan bunga dan syariah                                                                      Interest and sharia
     masih akan diterima                   (3.814.474)        45.266.724                          income receivables
   Bank Garansi                                306.126        (5.102.318)                               Bank Guarantee
   Efek-efek                                   396.514        (3.718.845)                           Marketable securities
   Aset lain-lain                              206.792         3.662.834                                   Other assets

   Jumlah                                 242.509.120        223.959.331                                            Total


   Beban penyisihan kerugian penurunan nilai aset           Provision of for impairment losses of non-financial
   non-keuangan:                                            assets:

                                             Tahun yang berakhir
                                          Pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2023              2022

   Agunan yang diambil alih               (54.964.162)        47.616.890                              Foreclosed assets


                                                     127
Page 601
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


33. BEBAN UMUM DAN ADMINISTRASI                               33. GENERAL AND ADMINISTRATIVE EXPENSES

                                                  Tahun yang berakhir
                                               Pada tanggal 31 Desember/
                                               Years ended December 31,

                                                 2023             2022

   Premi penjaminan                              41.124.423        38.811.438                             Insurance premium
   Penyusutan                                    21.974.327        26.022.323                                    Depreciation
   Pungutan OJK Tahunan                          12.691.827        10.750.852                                 Annual fee OJK
   Sewa gedung dan kendaraan                     12.237.699         8.930.140                      Building and vehicle rental
                                                                                                          Internet and Mobile
   Biaya Internet dan Mobile Banking             10.819.246        11.814.993                            Banking expenses
   Jasa profesional                               8.834.519         8.240.755                               Professional fees
   Pemeliharaan dan perbaikan                     7.521.077        11.560.916                      Repairs and maintenance
   Iklan dan promosi                              6.633.047         2.541.663                      Advertising and promotion
   Asuransi                                       6.485.461         3.607.373                                       Insurance
   Pengembangan teknologi                         5.968.971         5.047.177                       Technology development
   Telepon, telex dan faksimili                   5.780.067         4.728.931                  Telephone, telex and faximile
   Pendidikan dan pengembangan                    4.955.120         3.491.307                        Study and development
   Beban bunga atas liabilitas sewa               2.854.679         1.002.883             Interest expense of lease liabilities
   Pemakaian listrik, gas
      dan air minum                               2.266.453         2.356.214                  Electricity, gases and waters
   Biaya jasa pihak ketiga                        2.181.896         2.083.580                                  Third party fee
   Barang cetakan dan alat tulis                  1.970.579         1.748.441                  Printing items and stationery
   Amortisasi aset tak berwujud                   1.627.621         1.971.323               Amortisation of intangible assets
   Transportasi                                   1.174.517           851.550                                  Transportation
   Biaya iuran lainnya                            1.005.878           950.289                        Other contribution fees
   Biaya tanggung jawab                                                                      Corporate Social Responsibilty
      sosial perusahaan                             179.611           238.216                                    expenses
   Pemasaran                                        141.150           220.679                                       Marketing
   Biaya kurir                                       84.565            78.629                               Courier expenses
   Surat kabar dan majalah                           44.294            39.262                   Newspaper and magazines
   Benda pos dan materai                             16.241            56.343                             Postage and stamp
   Kerugian operasional                                   -            73.460                             Operational losses
   Biaya umum lainnya                               326.578         1.344.831                       Other general expenses

   Jumlah                                       158.899.846       148.563.568                                            Total


   Biaya umum lainnya terutama terdiri dari biaya                 Other general expenses mainly consist of security
   keamanan dan kebersihan, biaya fotokopi, biaya                 and cleaning expenses, cleaning equipment
   alat kebersihan, biaya makelar dan administrasi                expenses, broker, and bank charges with
   bank yang secara individual nilainya tidak signifikan.         insignificant individual balances.


34. BEBAN TENAGA KERJA                                        34. PERSONNEL EXPENSES

                                                  Tahun yang berakhir
                                               Pada tanggal 31 Desember/
                                               Years ended December 31,

                                                 2023             2022

   Gaji dan tunjangan                           116.870.901       115.719.729                        Salaries and allowance
   Tunjangan Hari Raya dan bonus                 16.022.794        24.228.796             Holiday entitlements and bonuses
   Biaya jasa tenaga kerja                       10.130.122        11.376.916                 Outsourcing service expenses
   Imbalan pasca kerja                            8.187.626         7.170.426                     Post-employment benefits
   Biaya jaminan kesehatan dan pensiun            3.174.692         3.416.290                 Health and pension insurance
   Lembur                                           549.835           746.072                                      Overtime
   Pesangon dan biaya                                                                              Severance pay and other
     apresiasi lainnya                            2.219.540           372.760                       appreciation expense

   Jumlah                                       157.155.510       163.030.989                                            Total




                                                            128
Page 602
                                                                  The original financial statements included herein are in
                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                          PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                             As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                           (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)


34. BEBAN TENAGA KERJA (lanjutan)                          34. PERSONNEL EXPENSES (continued)

   Termasuk dalam beban tenaga kerja adalah                   Included in the personnel expenses are
   kompensasi yang diberikan kepada manajemen dan             compensation to key management and employees
   karyawan kunci (Catatan 39).                               (Note 39).


35. BEBAN OPERASIONAL LAINNYA - LAIN-LAIN                  35. OTHER OPERATING EXPENSES - OTHERS

                                               Tahun yang berakhir
                                            Pada tanggal 31 Desember/
                                            Years ended December 31,

                                             2023              2022

   Rugi atas modifikasi pinjaman
     yang diberikan                          48.938.923         53.525.163                     Loss on loan modification
   Rugi transaksi valuta asing               53.724.747         35.541.580         Loss on foreign exchange transaction
   Beban administrasi dan kliring             7.182.754          5.191.778         Administration and clearing expenses
   Beban pajak                                6.486.145          1.780.159                                 Tax expenses
   Beban membership ATM dan                                                               ATM membership and annual
     iuran tahunan ATM                        4.147.620          4.726.576                         fee ATM expenses
   Biaya penghapus-bukuan                                                                    Loan insurance receivables
     tagihan asuransi kredit                  2.547.631          2.689.950                          write-off expenses
   Biaya provisi dan komisi dana              1.280.393            933.194              Provision and commission funds
   Beban parkir dan tol                       1.096.489          1.287.350                     Parking and toll expenses
   Beban pemasaran                              324.360            300.543                           Marketing expenses
   Beban representasi                                                                                Representation and
     dan jamuan                                 246.227           131.771                     entertainment expenses
   Beban keperluan kantor                       138.104           145.377                      Office supplies expenses
   Kerugian belum direalisasi atas                                                                  Unrealized loss from
     Transaksi derivatif                         74.058          1.145.144                    derivatives transactions
   Beban sumbangan                               77.050             42.238                            Donation expenses
   Biaya operasional lainnya                    212.049          4.661.453                   Other operational expenses

   Jumlah                                   126.476.550        112.102.276                                          Total



36. BEBAN (PENDAPATAN) NON-OPERASIONAL -                   36. NON-OPERATING EXPENSES (INCOME) - NET
    BERSIH

                                               Tahun yang berakhir
                                            Pada tanggal 31 Desember/
                                            Years ended December 31,

                                             2023              2022

   Pendapatan non-operasional:                                                                    Non-operating income:
     Laba revaluasi valuta asing            (17.561.150)       (20.023.007)      Gain on foreign exchange revaluation
     Laba penjualan AYDA                    (14.338.270)        (4.851.065)          Gain on sale of foreclosed assets
     Hasil sewa                                (156.735)           (85.320)                               Rent income
     Pendapatan dari Ta’widh                           -           (37.100)                         Gain from Ta’widh
     Pendapatan lainnya                      (2.527.327)          (846.453)                                      Others
   Beban non-operasional:                                                                        Non-operating expense:
     Rugi penjualan AYDA                     64.258.318         76.921.474           Loss on sale of foreclosed assets
     Laba/(rugi) penjualan aset tetap                                               Gain/(loss) on sale of fixed assets
       (Catatan 14)                           3.636.801           (217.726)                                (Note 14)
     Rugi penjualan properti terbengkalai     2.318.310                  -        Loss on sale of abandoned property
     Rugi penurunan nilai aset tetap          1.450.000                  -         Loss on impairment of fixed assets
     Beban non-operasional lainnya            7.454.960          6.274.809            Other non-operational expenses

   Beban non-operasional - bersih            44.534.907         57.135.612                 Non-operating expense - net




                                                      129
Page 603
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


36. PENDAPATAN (BEBAN) NON-OPERASIONAL –                     36. NON-OPERATING INCOME (EXPENSES) – NET
    BERSIH (lanjutan)                                            (continued)

   Pendapatan lainnya terutama terdiri dari diskon              Other income mainly consist of discount on voucher
   pembelian kupon belanja, dan selisih lebih cash              purchase, and difference in cash count.
   count.

   Beban non operasional lainnya terutama terdiri dari          Other non-operational expenses mainly consist of
   biaya hadiah hari raya, denda-denda, sumbangan               holiday gift, fines, donation, and penalty with
   dan sanksi yang secara individual nilainya tidak             insignificant individual balances.
   signifikan.


37. LABA PER SAHAM                                           37. INCOME PER SHARE

   Laba per saham dasar dihitung dengan membagi                 Basic income per share is calculated by dividing the
   laba tahun berjalan yang dapat diatribusikan kepada          income for the year attributable to the Bank’s
   pemilik Bank dengan jumlah rata-rata tertimbang              shareholders with the weighted-average number of
   saham biasa yang beredar pada tahun                          ordinary shares outstanding during the year.
   bersangkutan.

   Laba per saham dilusian dihitung dengan membagi              Diluted income per share is calculated by dividing
   laba bersih dengan rata-rata tertimbang jumlah               net income by the weighted average number of
   saham yang beredar ditambah dengan rata-rata                 shares outstanding plus the weighted average
   tertimbang jumlah saham yang akan diterbitkan atas           number of shares outstanding which would be
   konversi efek yang berpotensi saham yang bersifat            issued on the conversion of the dilutive potential
   dilutif.                                                     shares.

                                                Tahun yang berakhir
                                             Pada tanggal 31 Desember/
                                             Years ended December 31,

                                               2023             2022

   Laba tahun berjalan yang dapat                                                                        Income for the year
     diatribusikan kepada pemilik                                                     attributable to equity holders of the
     Entitas Induk                                                                                       Parent Company

   Laba tahun berjalan yang                                                                              Income for the year
     dapat diatribusikan kepada pemilik                                               attributable to equity holders of the
     Entitas Induk untuk                                                               Parent Company to be accounted
     perhitungan laba per saham                                                             for basic and diluted earnings
     dasar dan dilusian                       101.816.341       226.173.453                                      per share

   Jumlah rata-rata tertimbang                                                           Weighted-average common stock
     saham biasa untuk                                                                         for computation of basic
     perhitungan laba per saham dasar          15.848.235        11.795.945                          earnings per share

   Jumlah waran yang beredar                                                                      Outstanding warrants for
     untuk perhitungan laba                                                                               computation of
     per saham                                  2.573.669         2.573.670                     basic earnings per share

   Jumlah rata-rata tertimbang                                                           Weighted-average common stock
     saham biasa untuk perhitungan                                                            for computation of diluted
     laba per saham dilusian                   15.848.235        11.795.945                         earnings per share

   Laba per saham dasar                                                                             Basic income per share
     (dalam Rupiah penuh)                             6,42             19,17                      (in Rupiah full amount)

   Laba per saham dasar dilusian                                                                  Diluted income per share
     (dalam Rupiah penuh)                             6,42             19,17                      (in Rupiah full amount)




                                                         130
Page 604
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                       PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                          As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                         for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                        (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


38. TRANSAKSI NON-KAS                                                 38. NON-CASH TRANSACTIONS

   Transaksi non-kas yang penting adalah perolehan                          The principal non-cash transaction is acquisition of
   agunan yang diambil alih sebagaimana yang telah                          foreclosed assets, as discussed in Note 15.
   dijabarkan dalam Catatan 15.
   Transaksi non-kas dari rekonsiliasi liabilitas yang                      Non-cash transaction from net debt reconciliation
   timbul dari aktivitas pendanaan adalah sebagai                           affected from financing activities as it follows:
   berikut:
                                                        31 Desember/December 31, 2023
                                                                          Perubahan
                                   Saldo awal/            Arus kas/        non-kas/                Saldo akhir/
                                Beginning Balance         Cash flow     Non-cash activity         Ending Balance

   Efek-efek yang diterbitkan         1.051.903.552         300.000.000            (4.264.024)        1.347.639.528      Securities Issued
   Liabilitas sewa                       33.100.288          (10.757.017)          24.966.255            47.309.526       Lease liabilities
   Jumlah                             1.085.003.840         289.242.983            20.702.231         1.394.949.054                  Total

                                                       31 Desember/December 31, 2022
                                                                                Dampak
                                                                              kehilangan
                                                                             pengendalian
                                                                Perubahan    entitas anak/
                                 Saldo awal/                     non-kas/        Loss of             Saldo akhir/
                                 Beginning          Arus kas/    Non-cash      control on              Ending
                                  Balance           Cash flow     activity    Subsidiary              Balance

   Efek-efek yang diterbitkan      1.348.520.029   (300.000.000)      3.383.523                 -      1.051.903.552     Securities Issued
   Pinjaman dari bank lain            50.000.000    (50.000.000)              -                 -                  -          Borrowings
   Liabilitas sewa                    15.631.796     (10.958.755)    32.199.554       (3.772.307)         33.100.288      Lease liabilities
   Jumlah                          1.414.151.825    (360.958.755)    35.583.077       (3.772.307)      1.085.003.840                 Total


39. INFORMASI              MENGENAI            PIHAK-PIHAK             39. INFORMATION OF RELATED PARTIES
    BERELASI

   Sifat Hubungan                                                           Nature of Relationship

   Pihak-pihak berelasi adalah perusahaan dan                               Related parties are companies and individuals who
   perorangan     yang    mempunyai    keterkaitan                          have ownership or management relationship directly
   kepemilikan atau kepengurusan secara langsung                            or indirectly with the Bank as stated in Note 2af.
   maupun tidak langsung dengan Bank sebagaimana
   diungkapkan pada Catatan 2af.
                 Pihak berelasi/                           Sifat dari hubungan/                            Sifat dari transaksi/
                 Related parties                           Nature of relationship                         Nature of transaction
   PT Victoria Investama Tbk                       Pemegang saham/Shareholder                    Simpanan nasabah, pinjaman yang
                                                                                                   diberikan/Deposits from customers,
                                                                                                   loans

   PT Bank Victoria Syariah                        Dimiliki oleh pemegang saham                  Simpanan dari bank lain/Deposits
                                                     utama/under common control                    from other banks

   PT Victoria Sekuritas Indonesia                 Dimiliki oleh pemegang saham                  Simpanan nasabah, pinjaman yang
                                                     utama/Under common control                    diberikan/Deposits from customers,
                                                                                                   loans

   PT Victoria Insurance                           Dimiliki oleh pemegang saham                  Simpanan nasabah,pinjaman yang
                                                     utama/Under common control                    Diberikan, asuransi aset
                                                                                                   tetap dan asuransi kas/
                                                                                                   Deposits from customers,
                                                                                                   loans, fixed assets insurance
                                                                                                   and cash insurance

   PT Victoria Alife                               Dimiliki oleh pemegang saham                  Simpanan nasabah/Deposits from
                                                     utama/Under common control                    customers




                                                                    131
Page 605
                                                                The original financial statements included herein are in
                                                                                                  Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                        PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                           As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                          for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                         (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                 Unless Otherwise Stated)


39. INFORMASI       MENGENAI         PIHAK-PIHAK       39. INFORMATION            OF       RELATED          PARTIES
    BERELASI (lanjutan)                                    (continued)

                Pihak berelasi/              Sifat dari hubungan/                       Sifat dari transaksi/
                Related parties              Nature of relationship                    Nature of transaction
   PT Victoria Manajemen Investasi    Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Merak Energi Indonesia          Dimiliki oleh pemegang saham           Simpanan nasabah, pinjaman yang
                                        utama/Under common control             diberikan/Deposits from customers,
                                                                               loans

   PT Tridaya Investindo (d/h         Dimiliki oleh pemegang saham           Simpanan nasabah, pinjaman yang
     PT BIP Tridaya Propertindo)        utama/Under common control             diberikan/Deposits from customers,
                                                                               Loans

   PT Grha Swahita                    Dimiliki oleh pemegang saham           Simpanan nasabah, pinjaman yang
                                        utama/Under common control             diberikan/Deposits from customers,
                                                                               loans

   PT Padi Unggul Indonesia           Dimiliki oleh pemegang saham           Simpanan nasabah/ Deposit from
                                        utama/Under common control             customers

   PT BIP Loka Kencana                Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT BIP Sentosa                     Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Studio One                      Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Asri Kencana Gemilang           Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Artoda Karya Gemilang           Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Bhuwanatala Indah Permai        Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Frogurt Sari Indonesia          Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Emperor Finance Indonesia       Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Grata Mulia Pratama             Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Putra Asih Laksana              Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Suryayudha Investindo Cipta     Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT GMT Investama Mandiri Tbk       Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Dwimagna Kapital                Dimiliki oleh pemegang saham           Simpanan nasabah/Deposits from
                                        utama/Under common control             customers

   PT Jaya Bhakti Mandiri             Dimiliki oleh pemegang saham           Pinjaman yang diberikan/Loans
                                        utama/Under common control



                                                    132
Page 606
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


39. INFORMASI       MENGENAI                   PIHAK-PIHAK        39. INFORMATION             OF       RELATED          PARTIES
    BERELASI (lanjutan)                                               (continued)

                Pihak berelasi/                         Sifat dari hubungan/                        Sifat dari transaksi/
                Related parties                         Nature of relationship                     Nature of transaction
   PT Magna Investa Mandiri                     Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Bintang Jaya Bara Sentosa                 Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT BIP Boga Entertainment                    Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT BIP Boga Permai                           Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Bumi Semesta Lestari                      Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Cahaya Medika Health Care                 Dimiliki oleh pemegang saham             Pinjaman yang diberikan/Loans
                                                  utama/Under common control

   PT Prolestari Mega Persada                   Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Regis Pratama Indonesia                   Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Surya Cakra Multi Sarana                  Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Verena Kapital                            Dimiliki oleh pemegang saham             Simpanan nasabah/Deposits from
                                                  utama/Under common control               customers

   PT Sulfindo Adiusaha                         Dimiliki oleh pemegang saham             Simpanan nasabah, Bank Garansi/
                                                  utama/Under common control               Deposits from customers, Bank
                                                                                           Guarantee

   PT Nata Patindo                              Pemegang saham/Shareholder               Simpanan nasabah/Deposits from
                                                                                           customers

   Suzanna Tanojo                               Pemegang saham pengendali/               Simpanan nasabah/Deposits from
                                                  Controlling Shareholder                  customers

   Christine Tanojo                             Pemegang saham/Shareholder               Simpanan nasabah/Deposits from
                                                                                           customers

   Luciana Tanoyo                               Hubungan keluarga dengan Suzanna         Simpanan nasabah/Deposits from
                                                  Tanojo/Relative of Suzanna Tanojo        customers

   Dewan Komisaris, Direksi dan pejabat         Manajemen dan karyawan kunci/            Simpanan nasabah, pinjaman yang
     eksekutif Bank/Board of                      Key management and employees             diberikan/Deposits from customers,
     Commissioners, Directors and                                                          loans
     executive officers of the Bank

   Dewan Komisaris, Direksi dan pejabat         Manajemen dan karyawan kunci/            Simpanan nasabah, pinjaman yang
     Eksekutif Entitas Asosiasi/Board of          Key management and employees             diberikan/Deposits from customers,
     Commissioners, Directors and                                                          loans
     executive officers of Associated Entity




                                                              133
Page 607
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


39. INFORMASI       MENGENAI               PIHAK-PIHAK         39. INFORMATION          OF       RELATED          PARTIES
    BERELASI (lanjutan)                                            (continued)

   Transaksi dengan pihak-pihak berelasi                          Transactions with related parties

   Transaksi-transaksi dengan pihak-pihak berelasi                Transactions with related parties are as follows:
   adalah sebagai berikut:
                                               31 Desember/December 31,

                                                2023               2022

   Aset                                                                                                               Assets
   Pinjaman yang diberikan - bruto
     (Catatan 11)                                                                                     Loans - gross (Note 11)
     PT Sulfindo Adiusaha                       91.067.628                  -                         PT Sulfindo Adiusaha
     PT Victoria Investama Tbk                  24.301.030         24.997.847                   PT Victoria Investama Tbk
     PT Grha Swahita                            20.031.085         16.428.215                              PT Grha Swahita
     PT Victoria Insurance Indonesia               286.816            847.601              PT Victoria Insurance Indonesia
     PT Cahaya Medika Health Care                   21.130             11.549              PT Cahaya Medika Health Care
     PT Jaya Bhakti Mandiri                         12.568              6.228                       PT Jaya Bhakti Mandiri
     PT Tri Daya Investindo (d/h                                                          PT Tri Daya Investindo (formerly
        PT BIP Tridaya Propertindo)                        -                -              PT BIP Tridaya Propertindo)
     PT Victoria Sekuritas Indonesia                       -       14.959.723              PT Victoria Securities Indonesia
                                                                                                    Boards of Commissioners,
   Dewan Komisaris, Direksi dan                                                                     Directors and executive
     pejabat eksekutif Entitas Asosiasi          3.167.507         14.623.256                  officers of Associated Entity
   Dewan Komisaris, Direksi dan                                                          Boards of Commissioners, Directors
     pejabat eksekutif Bank                      5.008.677          1.391.264            and executive officers of the Bank

   Jumlah pinjaman
     yang diberikan - bruto                    143.896.441         73.265.683                              Total loans - gross

   Persentase terhadap jumlah aset                     0,49%              0,29%               Percentage from total assets

   Liabilitas                                                                                                      Liabilities
   Simpanan nasabah (Catatan 18)                                                          Deposits from customers (Note 18)
     Giro                                      652.841.415        246.769.560                           Demand deposits
     Tabungan                                   27.996.913         54.402.780                            Savings deposits
     Deposito berjangka                        618.884.872         84.438.138                               Time deposits
     Negotiable Certificate Deposits            98.246.827          1.716.831              Negotiable Certificate Deposits

   Jumlah                                     1.397.970.027       387.327.309                                            Total

   Simpanan dari Bank Lain (Catatan 19)                                                  Deposits from other banks (Note 19)
     Giro                                          478.732            167.870                            Demand deposits

   Persentase terhadap jumlah liabilitas               5,42%              1,74%             Percentage from total liabilities

   Pendapatan bunga dan syariah
     (Catatan 29)                               26.236.406         34.329.918           Interest and sharia income (Note 29)

   Persentase terhadap jumlah                                                                              Percentage from
     pendapatan bunga dan syariah                      1,42%              2,01%         total interest and sharia income

   Beban bunga dan syariah (Catatan 30)         33.127.025         23.911.683         Interest and sharia expenses (Note 30)

   Persentase terhadap jumlah                                                                Percentage from total interest
     beban bunga dan syariah                           2,63%              2,46%                    and sharia expenses




                                                           134
Page 608
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


39. INFORMASI       MENGENAI                PIHAK-PIHAK          39. INFORMATION            OF       RELATED           PARTIES
    BERELASI (lanjutan)                                              (continued)

   Transaksi dengan pihak-pihak berelasi (lanjutan)                   Transactions with related parties (continued)

   Transaksi-transaksi dengan pihak-pihak berelasi                    Transactions with related parties are as follows:
   adalah sebagai berikut: (lanjutan)                                 (continued)

                                                 31 Desember/December 31,

                                                  2023                 2022

   Beban tenaga kerja (Catatan 34)                                                                Personnel expenses (Note 34)
   Gaji dan tunjangan Dewan                                                              Salaries and allowances of the Boards of
     Komisaris, Direksi dan                                                                          Commissioners, Directors
     pejabat eksekutif                            45.322.700            33.350.663                        and executive officers

   Persentase terhadap jumlah                                                                                  Percentage from
     beban tenaga kerja                               28,84%               20,46%                   total personnel expenses

   Liabilitas komitmen dan                                                                         Liabilities commitments and
     kontinjensi (Catatan 40)                                                                         contingencies (Note 40)
   Fasilitas pinjaman yang belum
     digunakan                                   (17.037.130)          (17.296.162)                         Unused loans facilities
   Garansi yang diterbitkan -                                                                                Guarantees issued -
     pihak berelasi                                 (271.300)           (2.497.607)                              related parties

   Jumlah                                        (17.308.430)          (19.793.769)                                          Total

   Persentase terhadap jumlah liabilitas                                                   Percentage from total commitments
     komitmen dan kontinjensi - bersih                   0,28%                0,49%        and contingencies liabilities - net


   Tabel berikut merupakan kisaran tingkat suku bunga                 The following table summarises the range of
   kontraktual per tahun atas transaksi dengan pihak-                 contractual interest rates per annum for transactions
   pihak berelasi untuk tahun yang berakhir pada                      with related parties for the years ended December
   tanggal 31 Desember 2023 dan 2022:                                 31, 2023 and 2022:

                                             Tingkat suku bunga per 31 Desember/
                                                Interest rate as of December 31,

                                                  2023                 2022

   Aset                                                                                                                    Assets
     Pinjaman yang diberikan - bersih
        (Catatan 11)                          5,00% - 13,00%        5,00% - 12,00%                       Loans - net (Note 11)

   Liabilitas                                                                                                         Liabilities
     Simpanan nasabah (Catatan 18)                                                         Deposits from customers (Note 18)
        Giro                                  0,00% - 5,75%          0,00% - 3,75%                        Demand deposits
        Tabungan                              0,00% - 5,00%          0,00% - 5,00%                         Savings deposits
        Deposito berjangka                    2,25% - 7,00%          1,50% - 6,00%                            Time deposits
        Negotiable Certificated Deposits      6,50% - 7,00%              6,50%            Negotiable Certificate of Deposits
     Simpanan dari bank lain (Catatan 19)                                                  Deposits from other bank (Note 19)
        Giro                                   0,50% 1,50%           0,50% - 1,50%                      Demand depositss




                                                              135
Page 609
                                                                               The original financial statements included herein are in
                                                                                                                 Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


39. INFORMASI       MENGENAI                       PIHAK-PIHAK         39. INFORMATION             OF        RELATED           PARTIES
    BERELASI (lanjutan)                                                    (continued)

   Transaksi dengan pihak-pihak berelasi (lanjutan)                       Transactions with related parties (continued)

   Bank memberikan kompensasi kepada Dewan                                The Bank provided compensation to Board of
   Komisaris, Direksi dan pejabat eksekutif untuk tahun                   Commissioners, Directors and executive officers for
   yang berakhir pada tanggal 31 Desember 2023 dan                        the years ended December 31, 2023 and 2022 as
   2022 sebagai berikut:                                                  follows:
                                                       31 Desember/December 31,

                                                        2023               2022
   Dewan Komisaris:                                                                                             Board of Commissioners:
     Imbalan kerja jangka pendek*                         4.955.125          2.916.015                  Short-term employee benefits*

   Direksi:                                                                                                                  Directors:
      Imbalan kerja jangka pendek*                       16.956.764         10.660.313                  Short-term employee benefits*

   Pejabat eksekutif:                                                                                                Executive officers:
     Imbalan kerja jangka pendek*                        23.410.812         19.774.335                  Short-term employee benefits*

   Jumlah                                                45.322.701         33.350.663                                                Total


   *Terdiri dari gaji, tunjangan, THR, dan bonus                                           Consist of salaries, allowances, THR and bonuses*

   Tidak ada kompensasi dalam bentuk imbalan pasca                        There are no compensation of post-employment
   kerja, imbalan kerja jangka panjang lainnya,                           benefits, other long-term benefits, termination
   pesangon     pemutusan    kontrak   kerja   dan                        benefits and share-based payment to the Boards of
   pembayaran berbasis saham kepada Dewan                                 Commisioners and Directors.
   Komisaris dan Direksi.


40. KOMITMEN DAN KONTINJENSI                                           40. COMMITMENTS AND CONTINGENCIES
   Ikhtisar komitmen dan kontinjensi Bank yang                            The following is the summary of the Bank's
   dinyatakan dalam nilai kontrak adalah sebagai                          commitments and contingencies at contractual
   berikut:                                                               amounts:
                                                       31 Desember/December 31,

                                                        2023               2022
   Komitmen                                                                                                             Commitments
   Liabilitas komitmen:                                                                                            Commitment liabilities:
      Fasilitas pinjaman yang belum
         digunakan:                                                                                              Unused loan facilities:
         Pihak ketiga                                (5.280.610.008)     (4.016.397.640)                               Third parties
         Pihak berelasi                                 (17.037.130)        (17.296.162)                            Related parties

   Liabilitas komitmen - bersih                      (5.297.647.138)     (4.033.693.802)                       Commitment liabilities - net
   Kontinjensi                                                                                                             Contingencies
   Tagihan kontinjensi:                                                                                           Contingent receivables:
     Pendapatan bunga atas pinjaman                                                             Interest receivables on non-performing
        bermasalah - pihak ketiga                       311.523.645        364.247.996                           loans - third parties

   Liabilitas kontinjensi:                                                                                        Contingent liabilities:
      Garansi yang diterbitkan - pihak berelasi           (271.300)         (2.497.607)            Guarantees issued - related parties
      Garansi yang diterbitkan - pihak ketiga         (982.531.650)       (345.129.999)              Guarantees issued - third parties
      Letter of Credit                                 (60.563.964)        (18.705.728)                               Letter of Credit

   Kontinjensi - bersih                               (731.843.269)          (2.085.338)                                  Contingent - net
   Jumlah liabilitas komitmen dan                                                                               Total commitment and
     kontinjensi - bersih                            (6.029.490.407)     (4.035.779.140)                contingencies liabilities - net




                                                                   136
Page 610
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


40. KOMITMEN DAN KONTINJENSI (lanjutan)                      40. COMMITMENTS              AND         CONTINGENCIES
                                                                 (continued)

   Pada tanggal 31 Desember 2023 dan 2022, tidak                As of December 31, 2023 and 2022, there are no
   terdapat komitmen dan kontinjensi signifikan lainnya         significant commitments and contingencies other
   selain komitmen dan kontinjensi yang telah                   than the aforementioned commitments and
   diungkapkan di atas.                                         contingencies.


41. PERJANJIAN PENTING                                       41. SIGNIFICANT AGREEMENT

   Perjanjian   Implementasi   Sistem   Aplikasi                Implementation  of  Application Integrated
   Terintegrasi Transaksi Manajemen - PT Sigma                  Transaction Management - PT Sigma Cipta
   Cipta Caraka                                                 Caraka

   Pada tanggal 26 Agustus 2014, Bank dan PT Sigma              On August 26, 2014, Bank and PT Sigma Cipta
   Cipta Caraka telah menandatangani Perjanjian                 Caraka have signed Application Integrated
   Aplikasi Terintegrasi Transaksi Manajemen, dimana            Transaction Management, in which PT Sigma Cipta
   PT Sigma Cipta Caraka setuju untuk memberikan                Caraka agrees to distribute Integrated Transaction
   layanan jasa untuk membuat sistem untuk operasi              Management Application for Bank’s business
   bisnis Bank.                                                 operation.

   Berdasarkan perjanjian ini, PT Sigma Cipta Caraka            Based on this agreement, PT Sigma Cipta Caraka
   memiliki hak dan kewajiban sebagai berikut:                  have right and obligation as follows:

   1.   PT Sigma Cipta Caraka berhak mendapatkan                1. PT Sigma Cipta Caraka is entitled to receive
        pembayaran dari Bank;                                      payment from the Bank;
   2.   PT Sigma Cipta Caraka wajib memberikan                  2. PT Sigma Cipta Caraka is obligated to give the
        lisensi aplikasi kepada Bank;                              license of the application to the Bank;
   3.   PT Sigma Cipta Caraka wajib membuat aplikasi            3. PT Sigma Cipta Caraka is obligated to customize
        sesuai dengan keinginan Bank;                              the application according to Bank’s request;
   4.   PT Sigma Cipta Caraka wajib membuat laporan             4. PT Sigma Cipta Caraka is obligated to make
        kemajuan proses implementasi; dan                          official report for implementation process
                                                                   progress; and
   5.   PT Sigma Cipta Caraka wajib memastikan                  5. PT Sigma Cipta Caraka is obligated to ensure
        program telah benar untuk mencegah                         the programs to prevent errors.
        kesalahan.

   Berdasarkan Addendum VI No.461/SCC/BVIC/B/19                 According to Addendum VI No.461/SCC/BVIC/B/19
   tanggal 24 Juli 2019, jangka waktu perjanjian diubah         dated July 24, 2019, the term of the agreement was
   menjadi tanpa jangka waktu hingga salah satu pihak           changed to no time period until one of the party
   melakukan pengakhiran perjanjian.                            terminates the agreement.

   Biaya jasa yang telah dibayarkan sampai dengan               Service fees paid as of December 31, 2023 and
   31 Desember 2023 dan 2022 adalah sebesar:                    2022 are amounted:

                                              31 Desember/December 31,

                                               2023              2022

   Rupiah                                        1.623.875        4.219.893                                          Rupiah


   Perjanjian   Implementasi   Sistem   Aplikasi                Implementation      of    Application Integrated
   Terintegrasi Transaksi Manajemen - PT Panen                  Transaction Management - PT Panen Berkah
   Berkah Solusi                                                Solusi
   Pada tanggal 21 Juni 2022, Bank dan PT Panen                 On June 21, 2022, the Bank and PT Panen Berkah
   Berkah Solusi telah menandatangani Perjanjian                Solusi has signed an AS400 Server Maintenance
   Pemeliharaan Server AS400, dimana PT Panen                   Agreement, whereby PT Panen Berkah Solusi
   Berkah Solusi setuju untuk memberikan layanan                agreed to provide AS400 server maintenance
   jasa pemeliharaan server AS400 untuk operasi                 services for the Bank's operations.
   Bank.




                                                          137
Page 611
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                              PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                 As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                               (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


41. PERJANJIAN PENTING (lanjutan)                           41. SIGNIFICANT AGREEMENT (continued)

   Perjanjian    Implementasi      Sistem     Aplikasi         Implementation       of    Application    Integrated
   Terintegrasi Transaksi Manajemen - PT Panen                 Transaction Management - PT Panen Berkah
   Berkah Solusi (lanjutan)                                    Solusi (continued)
   Berdasarkan perjanjian ini, PT Panen Berkah Solusi          Based on this agreement, PT Panen Berkah Solusi
   memiliki hak dan kewajiban sebagai berikut:                 has the following rights and obligations:

   1. PT Panen Berkah Solusi berhak mendapatkan                1.    PT Panen Berkah Solusi is entitled to receive
      pembayaran dari Bank;                                          payment from the Bank;
   2. PT Panen Berkah Solusi, wajib menyediakan                2.    PT Panen Berkah Solusi, is required to provide
      jasa tenaga kerja sesuai kemampuan teknis;                     labor services according to technical capabilities;
   3. PT Panen Berkah Solusi, wajib memberikan                 3.    PT Panen Berkah Solusi, is required to provide
      informasi tertulis kepada Bank yang diperlukan                 written information to the Bank that is needed in
      dalam penyelesaian tugas;                                      completing the task;
   4. PT Panen Berkah Solusi, wajib mengirimkan                4.    PT Panen Berkah Solusi, must send spare parts
      suku cadang kepada Bank;                                       to the Bank;
   5. PT Panen Berkah Solusi, wajib melakukan                  5.    PT Panen Berkah Solusi, must visit every two
      kunjungan setiap dua bulan untuk melakukan                     months to check all devices;
      pengecekan pada semua perangkat.
   6. PT Panen Berkah Solusi, berhak melakukan                 6.    PT Panen Berkah Solusi, has the right to bill for
      penagihan atas jasa penyediaan suku cadang;                    spare parts supply services;
   7. PT Panen Berkah Solusi, wajib menyediakan                7.    PT Panen Berkah Solusi, must provide all the
      semua kebutuhan suku cadang yang diperlukan                    spare parts needed for machine repair;
      dalam rangka perbaikan mesin;
   8. PT Panen Berkah Solusi bersedia di audit oleh            8.    PT Panen Berkah Solusi is willing to be audited
      auditor internal Bank atau Otoritas Jasa                       by the Bank's internal auditor or the Financial
      Keuangan atau pihak eksternal yang ditunjuk                    Services Authority or an external party appointed
      oleh Bank; dan                                                 by the Bank; and
   9. PT Panen Berkah Solusi, wajib melaporkan                 9.    PT Panen Berkah Solusi, is required to report to
      kepada Bank setiap kejadian kritis yang dapat                  the Bank every critical incident that may result in
      mengakibatkan              kerugian/menganggu                  losses/disturb the smooth operation of the Bank.
      kelancaran operasional Bank.

   Surat perjanjian tertanggal 21 Juni 2022 pada               The agreement dated June 21, 2022 on the
   terhadap perjanjian kerja sama antara Bank                  agreement between the Bank and PT Panen Berkah
   dan      PT   Panen     Berkah    Solusi    pada            Solusi under No.016/SPK/PBS/VI/2022 states that
   No.016/SPK/PBS/VI/2022 bahwa jangka waktu                   the term of the agreement is from June 21, 2022
   perjanjian adalah sejak tanggal 21 Juni 2022                until June 20, 2023, as amended in the Agreement
   sampai dengan 20 Juni 2023, sebagaimana telah               Addendum No.027/SPK/PBS/VII/2023 dated July 12,
   diubah       pada       Adendum        perjanjian           2023, the term of the agreement is from June 20,
   No.027/SPK/PBS/VII/2023 tanggal 12 Juli 2023,               2023 until June 19, 2024.
   jangka waktu perjanjian adalah sejak tanggal 20
   Juni 2023 sampai dengan 19 Juni 2024.

   Biaya jasa yang telah dibayarkan sampai dengan               Service fees paid as of December 31, 2023 and
   31 Desember 2023 dan 2022 yang termasuk dalam                2022 included in this agreement are amounted:
   perjanjian ini adalah sebesar:

                                              31 Desember/December 31,

                                               2023                 2022

   Rupiah                                         226.440              222.360                                         Rupiah




                                                         138
Page 612
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                          PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                             As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                            for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                           (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)


42. KEPENTINGAN NONPENGENDALI                                         42. NON-CONTROLLING INTEREST

   Perubahan kepentingan nonpengendali atas                                 The changes in the non-controlling interest in the net
   kekayaan bersih Bank adalah sebagai berikut:                             assets of the Bank is as follows:
                                                       Tahun yang berakhir
                                                    Pada tanggal 31 Desember/
                                                    Years ended December 31,

                                                         2023                2022

   Saldo awal tahun                                               -                 17.327               Balance at beginning of the year
   Bagian kepentingan nonpengendali                                                                        Profit/(loss) for the attributable
     atas laba/(rugi) tahun berjalan                              -                      -               year to non-controlling interest
                                                                                                            Other comprehensive income
   Bagian kepentingan nonpengendali                                                                                           attributable to
     atas laba komprehensif lainnya                               -                      -                       non-controlling interest
   Bagian kepentingan nonpengendali                                                                              Unrealised gains/(losses)
     atas keuntungan/(kerugian)                                                                                 on changes in fair value
     yang belum direalisasi atas                                                                                of marketable securities
     perubahan nilai wajar                                                                                          measured at FVOCI
     efek-efek yang diukur pada FVOCI                                                                           in Subsidiary’s equity to
     di dalam ekuitas Entitas Anak                                -                      -                       non-controlling interest

   Divestasi entitas anak (Catatan 48)                            -               (17.327)             Divestment of subsidiary (Note 48)

   Saldo akhir tahun                                              -                      -               Balance at the end of the year




43. INFORMASI SEGMEN USAHA                                            43. SEGMENT INFORMATION

   a. Bidang usaha                                                          a.    Business activities

        Nama Perusahaan/Company                                                   Bidang Usaha/Business Activities

        PT Bank Victoria International Tbk                                        Perbankan Konvensional/Conventional banking
        PT Bank Victoria Syariah                                                  Perbankan Syariah/Banking activities based on
                                                                                     Sharia Principles


   b. Segmen Usaha                                                          b.    Business Segment

        Segmen Operasi                                                            Operating Segment

        Berikut adalah informasi segmen                    Bank                   The following is the segment information of the
        berdasarkan segmen operasi:                                               Bank based on operating segments:

                                                           31 Desember/December 31, 2023
                                         Konvensional/        Syariah/       Eliminasi/            Jumlah/
                                         Conventional          Sharia       Elimination             Total
        Pendapatan bunga dan                                                                                             Interest and sharia
          syariah - bersih                  578.729.355                 -                    -     578.729.355                 income - net
        Pendapatan operasional                                                                                              Other operating
          lainnya                           253.365.261                 -                    -      253.365.261                     income
        Beban operasional lainnya         (626.226.499)                 -                    -    (626.226.499)    Other operating expense
                                                                                                                                Income/(loss)
        Laba/(rugi) operasional             205.868.117                 -                    -     205.868.117               from operations
        Jumlah aset                      29.624.240.421                 -                    -   29.624.240.421                 Total assets
        Jumlah liabilitas                25.799.455.411                 -                    -   25.799.455.411               Total liabilities




                                                                  139
Page 613
                                                                                               The original financial statements included herein are in
                                                                                                                                 Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                       PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                          As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                         for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                        (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)


43. INFORMASI SEGMEN USAHA (lanjutan)                                            43. SEGMENT INFORMATION (continued)

   b. Segmen Usaha (lanjutan)                                                            b.    Business Segment (contiued)

       Segmen Operasi (lanjutan)                                                               Operating Segment (continued)
                                                                  31 Desember/December 31, 2022
                                               Konvensional/         Syariah/       Eliminasi/                      Jumlah/
                                               Conventional           Sharia       Elimination                       Total
       Pendapatan bunga dan                                                                                                                 Interest and sharia
         syariah - bersih                         699.306.521           34.074.148                        -         733.380.669                  income - net
       Pendapatan operasional                                                                                                                  Other operating
         lainnya                                  377.771.952            6.037.660             (3.606.389)          380.203.223                       income
       Beban operasional lainnya                 (663.475.220)         (36.042.233)                     -          (699.517.453)      Other operating expense
                                                                                                                                                  Income/(loss)
       Laba/(rugi) operasional                    413.603.253               4.069.575          (3.606.389)          414.066.439              from operations
       Jumlah aset                             25.932.001.125                        -                    -       25.932.001.125                    Total assets
       Jumlah liabilitas                       22.231.537.644                        -                    -       22.231.537.644                  Total liabilities

       Segmen Geografis                                                                        Geographic Segment

       Berikut ini adalah informasi segmen Bank                                                The following is the business segment
       berdasarkan daerah geografis:                                                           information of the Bank based on geographical
                                                                                               area:
                                                                  31 Desember/December 31, 2023
                                                                          Jawa Tengah
                                                                         & Jawa Timur
                                           Jadetabek/       Jawa Barat/    /Central &   Luar Jawa/                   Jumlah/
                                           Jadetabek         West Java      East Java    Non Java                     Total

       Pendapatan bunga dan                                                                                                                     Interest and sharia
        syariah - bersih                     605.904.033       7.712.804       (5.953.084)      (28.934.398)          578.729.355                   income - net
       Pendapatan operasional                                                                                                                      Other operating
        lainnya                              244.424.786       2.810.354         3.731.919         2.398.202          253.365.261                         income
       Beban penyisihan kerugian                                                                                                           Provision for impairment
        penurunan nilai aset                                                                                                             losses on financial and
        keuangan dan non-keuangan           (153.988.492)     (1.238.620)      (25.868.360)       (6.449.486)         (187.544.958)         non-financial assets
       Beban umum dan                                                                                                                   General and administrative
        administrasi,                                                                                                                      expenses, personnel
        tenaga kerja, kerugian atas                                                                                                   expenses, unrealized loss
        perubahan nilai wajar dan                                                                                                      changes of fair value and
        lain-lain                           (410.010.772)     (6.792.939)      (11.014.661)      (10.863.169)        (438.681.541)                          others
                                                                                                                                                   Profit (loss) from
       Laba (rugi) operasional               286.329.555       2.491.599       (39.104.186)      (43.848.851)         205.868.117                     operations
       Beban non                                                                                                                                      Non-operating
        operasional - bersih                 (76.444.394)          (910)            54.764            58.651           (76.331.889)               expense - net

       Laba (rugi) sebelum beban pajak                                                                                                  Profit (loss) before income
        penghasilan                          209.885.161       2.490.689      (39.049.422)      (43.790.200)          129.536.228                   tax expense

       Beban pajak penghasilan               (27.719.887)               -                 -                   -       (27.719.887)            Income tax expense

       Laba/(rugi) bersih tahun berjalan     182.165.274       2.490.689       (39.049.422)      (43.790.200)         101.816.341           Gain/(loss) for the year

       Jumlah aset                         28.781.506.754    245.131.599       398.882.726       198.719.342        29.624.240.421                     Total assets

       Jumlah liabilitas                   23.861.710.649    260.086.342       756.951.352       920.707.068        25.799.455.411                   Total liabilities




                                                                             140
Page 614
                                                                                             The original financial statements included herein are in
                                                                                                                               Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                     PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                        As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                       for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                      (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)


43. INFORMASI SEGMEN USAHA (lanjutan)                                          43. SEGMENT INFORMATION (continued)

   b. Segmen Usaha (lanjutan)                                                        b.      Business Segment (continued)

       Segmen Geografis (lanjutan)                                                           Geographic Segment (continued)

       Berikut ini adalah informasi segmen Bank                                              The following is the business segment
       berdasarkan daerah geografis: (lanjutan)                                              information of the Bank based on geographical
                                                                                             area: (continued)
                                                                  31 Desember/December 31, 2022
                                                                          Jawa Tengah
                                                                         & Jawa Timur
                                           Jadetabek/       Jawa Barat/    /Central &   Luar Jawa/             Jumlah/
                                           Jadetabek         West Java      East Java    Non Java               Total

       Pendapatan bunga dan                                                                                                               Interest and sharia
        syariah - bersih                     739.975.235       (410.451)       7.587.788      (13.771.903)      733.380.669                   income - net
       Pendapatan operasional                                                                                                                Other operating
        lainnya                              372.687.153         901.405       4.884.713         1.729.952      380.203.223                         income
       Beban penyisihan kerugian                                                                                                     Provision for impairment
        penurunan nilai aset                                                                                                       losses on financial and
        keuangan dan non-keuangan           (259.895.321)      (600.942)      (8.898.918)       (2.181.040)     (271.576.221)         non-financial assets
       Beban umum dan                                                                                                             General and administrative
        administrasi,                                                                                                                expenses, personnel
        tenaga kerja, kerugian atas                                                                                             expenses, unrealized loss
        perubahan nilai wajar dan                                                                                                changes of fair value and
        lain-lain                           (383.932.825)     (9.193.029)    (24.089.876)      (10.725.502)    (427.941.232)                          others
                                                                                                                                             Profit (loss) from
       Laba (rugi) operasional               468.834.242      (9.303.017)    (20.516.293)      (24.948.493)     414.066.439                     operations
       Beban non                                                                                                                                Non-operating
        operasional - bersih                 (57.197.432)               -         61.820                 -       (57.135.612)               expense - net

       Laba (rugi) sebelum beban pajak                                                                                            Profit (loss) before income
        penghasilan                          411.636.810      (9.303.017)    (20.454.473)     (24.948.493)      356.930.827                   tax expense

       Beban pajak penghasilan              (130.757.374)               -               -                -     (130.757.374)            Income tax expense

       Laba/(rugi) bersih tahun berjalan     280.879.436      (9.303.017)    (20.454.473)      (24.948.493)     226.173.453           Gain/(loss) for the year

       Jumlah aset                         25.223.756.524    133.706.836     342.256.649       232.281.116    25.932.001.125                     Total assets

       Jumlah liabilitas                   20.720.713.354    244.546.970     588.098.157       678.179.163    22.231.537.644                   Total liabilities



44. JAMINAN     PEMERINTAH     TERHADAP                                        44. GOVERNMENT GUARANTEE ON OBLIGATIONS
    KEWAJIBAN PEMBAYARAN BANK UMUM                                                 OF PRIVATE BANKS

   Berdasarkan Undang-Undang Republik Indonesia                                       Based on Law No. 24 dated September 22, 2004,
   No. 24 tanggal 22 September 2004, efektif sejak                                    effective September 22, 2005, Indonesia Deposit
   tanggal 22 September 2005, Lembaga Penjamin                                        Insurance Corporation (LPS) was established to
   Simpanan (LPS) dibentuk untuk menjamin                                             provide guarantee on certain deposits from
   kewajiban tertentu bank-bank umum berdasarkan                                      customers based on prevailing guarantee schemes.
   program penjaminan yang berlaku. Undang-Undang                                     The law was changed with the Government
   tersebut telah diubah dengan Peraturan Pemerintah                                  Regulation as at the Replacement of Law No. 3 Year
   sebagai Pengganti Undang-Undang No. 3 Tahun                                        2008, which was stipulated as a law since January
   2008, yang mana telah ditetapkan menjadi Undang-                                   13, 2009 based on the Republic of Indonesia Law
   Undang sejak tanggal 13 Januari 2009 berdasarkan                                   No. 7 Year 2009.
   Undang-Undang Republik Indonesia No. 7 Tahun
   2009.

   Berdasarkan Peraturan Pemerintah Republik                                         Based on Government of Republic of Indonesia
   Indonesia No. 66/2008 tanggal 13 Oktober 2008                                     Regulation No. 66/2008 dated October 13, 2008
   mengenai besarnya nilai simpanan yang dijamin                                     regarding the deposit amount guaranteed by LPS, as
   LPS, pada tanggal 31 Desember 2023 dan 2022,                                      of December 31, 2023 and 2022, the deposit amount
   jumlah simpanan yang dijamin LPS adalah                                           guaranteed by LPS for every customer in a bank
   simpanan sampai dengan Rp2.000.000 untuk                                          was a maximum of Rp2,000,000.
   nasabah per bank.




                                                                            141
Page 615
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

        PT BANK VICTORIA INTERNATIONAL Tbk                          PT BANK VICTORIA INTERNATIONAL Tbk
         CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
          Tanggal 31 Desember 2023 dan untuk                             As of December 31, 2023 and
       Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
            (Disajikan dalam Ribuan Rupiah,                           (Expressed in Thousands of Rupiah,
                Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)


44. JAMINAN          PEMERINTAH          TERHADAP           44. GOVERNMENT GUARANTEE ON OBLIGATIONS
    KEWAJIBAN       PEMBAYARAN         BANK UMUM                OF PRIVATE BANKS (continued)
    (lanjutan)

   Bank adalah peserta dari program penjaminan                  The Bank is a participant of this government
   tersebut dan beban premi penjaminan Pemerintah               guarantee program and the premium paid for the
   yang dibayar selama tahun yang berakhir tanggal              year ended December 31, 2023 and 2022 amounted
   31 Desember 2023 dan 2022 masing-masing adalah               to Rp41,124,423 and Rp37,140,883, respectively.
   sebesar Rp41.124.423 dan Rp37.140.883.


45. MANAJEMEN RISIKO                                        45. RISK MANAGEMENT

   Bank telah menerapkan manajemen risiko yang                  The Bank has implemented independent risk
   independen dan sesuai dengan standar yang                    management and in accordance with standards that
   mengacu pada POJK No. 18/POJK.03/2016 tanggal                refer to POJK No. 18/POJK.03/2016 dated March
   16 Maret 2016 tentang Penerapan Manajemen                    16, 2016 regarding the Implementation of Risk
   Risiko Bagi Bank Umum.                                       Management for Commercial Banks.

   Kegiatan usaha Bank senantiasa dihadapkan pada               Bank’s business activities always faced with risks
   risiko-risiko yang berkaitan erat dengan fungsinya           that are closely related to its function as a financial
   sebagai lembaga intermediasi keuangan. Oleh                  intermediary. Therefore, the Bank's operations are
   karena itu, kegiatan operasional Bank dikelola               properly managed so it could prevent any harm. In
   dengan baik supaya tidak menimbulkan kerugian. Di            the performance of the Bank's business strategy,
   dalam melaksanakan strategi bisnis Bank, maka                management seeks to harmonise between:
   manajemen berupaya untuk dapat menyelaraskan
   antara:

        Pertumbuhan bisnis dan peningkatan pangsa                  Business growth and increased market share of
         pasar kredit dan portofolio pendanaan.                      credit and financing portfolios.
        Peningkatkan efisiensi operasional perbankan.              Increasing the efficiency of banking operations.
        Menjaga tingkat kebutuhan modal minimum                    Maintain the level of minimum capital
         sesuai ketentuan otoritas.                                  requirements pursuant to the authority.
        Implementasi       manajemen      risiko  yang             Implementation of business-oriented risk
         berorientasi bisnis.                                        management.

   Sebagai lembaga intermediasi keuangan, Bank                  As a financial intermediary institution, the Bank
   menyadari bahwa semakin kompleksnya kegiatan                 realises that the business activity is more complex
   usaha yang diikuti dengan perkembangan                       and also depends with development of internal and
   lingkungan internal maupun eksternal sehingga                external conditions that increase the Bank 's risk in
   meningkatkan risiko dalam menjalankan kegiatan               conducting its business activities. Realising the risk it
   usahanya. Menyadari akan risiko yang dihadapi,               faces, the Bank must apply good risk management
   Bank harus menerapkan kebijakan manajemen                    policy that can adapt with the changes and also
   risiko yang baik dan dapat beradaptasi dengan                enhance the Good Corporate Governance Practice
   perubahan yang terjadi dan meningkatkan praktek              in the whole activities of the Bank.
   tata kelola yang sehat (Good Corporate
   Governance) pada keseluruhan lingkup aktivitas
   usaha.

   Penerapan manajemen risiko yang efektif dengan               The effective application of risk management by
   mempertimbangkan segala aspek dan prinsip                    considering all aspects and prudential principles
   kehati-hatian (prudential principles) ini bertujuan          which has objective to ensure that potential arises in
   untuk memastikan bahwa potensi yang timbul dalam             conducting its business activities can be identified,
   kegiatan usahanya dapat diidentifikasi, diukur,              measured, reviewed and monitored will give
   dipantau, dan dimonitor akan memberikan manfaat              a benefit to increase stakeholder trust to the Bank.
   berupa peningkatan kepercayaan stakeholder.




                                                          142
Page 616
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Dalam menunjang penerapan manajemen risiko,                    In supporting the implementation of risk
   Bank       senantiasa   berupaya      meningkatkan             management, the Bank continuously improve the
   pengawasan aktif dari Dewan Komisaris dan                      active monitoring from the Boards of Commissioners
   Direksi, antara lain melalui unit kerja dan komite             and Directors, including establishing several
   untuk menunjang proses pengendalian risiko. Hal ini            permanent working units and committee to support
   diwujudkan     dengan    adanya     Satuan      Kerja          risks control process. This is implemented by
   Manajemen Risiko (SKMR) di bawah wadah Komite                  establishing Risk Management Working Unit (SKMR)
   Manajemen       Risiko  yang     berwenang       dan           under Risk Management Committee who authorise
   bertanggung jawab dalam menyusun dan                           and responsible to prepare and decide risk
   menetapkan kebijakan manajemen risiko serta                    management policy and its changes including risk
   perubahannya termasuk strategi manajemen risiko                management strategy and contingency plan if an
   dan rencana kontinjensi apabila terjadi kondisi yang           abnormal condition happens.
   tidak diinginkan.

   Selain hal tersebut di atas, terdapat komite lain yang         Besides the above matters, there are other
   bertugas untuk menangani risiko secara lebih                   committee to handle more specific risks, such as
   spesifik, yaitu antara lain Komite Kredit Tingkat              Credit Committee at Board of Directors level (KKD),
   Direksi (KKD), Assets and Liabilities Committee                Assets    and    Liabilities Committee     (ALCO),
   (ALCO), Komite Teknologi Sistem Informasi,                     Information System Technology Committee, whereas
   sedangkan pada level Dewan Komisaris terdapat                  at the Board of Commissioners level, there are Risk
   Komite Pemantau Risiko, Komite Nominasi dan                    Monitoring      Committee,     Nomination      and
   Remunerasi, Komite Audit dan Komite Tata Kelola                Remuneration Committee, Audit Committee and
   Terintegrasi.                                                  Integrated Corporate Governance Commitee.

   Semua Dewan Komisaris dan Direksi telah                        All of the Boards of Commissioners and Directors
   mengikuti Ujian Sertifikasi Manajemen Risiko yang              passed the examination of Risk Management
   diselenggarakan oleh Badan Sertifikasi Manajemen               Certification that was held by the Board of Risk the
   Risiko dan Lembaga Sertifikasi Profesi Perbankan.              Management Certification and Banking Professional
                                                                  Certification Institute.

   Seiring dengan perkembangan globalisasi dan                    As a response with the development of globalisation
   teknologi informasi, Lembaga Jasa Keuangan (LJK)               and information technology, Financial Services
   merupakan salah satu industri yang memiliki sistem             Institution (LJK) is one of industry which has
   keuangan yang sangat kompleks, dinamis, dan                    a complex, dynamic and inter-related between each
   saling terkait antar masing-masing sektor jasa                 financial sector, both in product and organisation,
   keuangan baik dalam produk dan kelembagaan,                    and ownership which can increase the risk exposure.
   maupun       kepemilikan    yang      menyebabkan              Facing this circumstances, the implementation of risk
   meningkatnya eksposur risiko. Menghadapi kondisi               management will be performed integratedly by
   tersebut, penerapan manajemen risiko akan                      concerning all the risks, including from subsidiary
   dilakukan       secara     terintegrasi    dengan              and sister companies, and other financial entities
   memperhatikan seluruh risiko, baik yang berasal                included in one financial conglomeration.
   dari perusahaan anak dan perusahaan terelasi
   (sister company), maupun entitas lainnya yang
   tergabung dalam suatu konglomerasi keuangan.

   Manajemen Risiko Terintegrasi telah diterapkan                 Integrated Risk Management has been implemented
   secara    komprehensif   dan     efektif   sesuai              comprehensively and effectively in accordance
   POJK     No.   17/POJK.03/2014     dan    SEOJK                with POJK No. 17/POJK.03/2014 and SEOJK
   No.    14/SEOJK.03/2015    tentang     Penerapan               No. 14/SEOJK.03/2015 about Implementation of
   Manajemen Risiko Terintegrasi Bagi Konglomerasi                Integrated Risk Management for Financial
   Keuangan. Bank telah ditunjuk sebagai Entitas                  Conglomeration. The Bank has been appointed as
   Utama dalam hal Pengawasan Terintegrasi                        the main entity in the Integrated Monitoring of
   Konglomerasi Keuangan Grup Victoria.                           Financial Conglomeration is Victoria Group.




                                                            143
Page 617
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

         PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
          CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
           Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
        Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
             (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
                 Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                              45. RISK MANAGEMENT (continued)

   Dalam menunjang penerapan manajemen risiko                    In supporting the implementation of integrated risk
   terintegrasi, maka Bank berupaya meningkatkan                 management, Bank encourage the active monitoring
   pengawasan aktif Dewan Komisaris dan Direksi,                 by Board of Directors and Board of Commissioners,
   antara lain melalui Satuan Kerja Manajemen Risiko             such as through SKMRT under supervision of
   Terintegrasi (SKMRT) di bawah wadah Komite                    Integrated Risk Monitoring Committee, whereas at
   Manajemen Risiko Terintegrasi, sedangkan pada                 the Board of Commissioners level through the
   level Dewan Komisaris terdapat Komite Tata Kelola             Integrated Corporate Governance Committee.
   Terintegrasi.

   Risiko kredit                                                 Credit risk

   Risiko kredit adalah risiko yang terjadi akibat               Credit risk is the risk by debtors and/or
   kegagalan     debitur  dan/atau     pihak    lawan            counterparty's failure to fulfill their obligations. The
   (counterparty) dalam memenuhi kewajiban mereka.               objective of credit risk management is to control and
   Tujuan dari pengelolaan risiko kredit adalah untuk            manage credit risk exposures within acceptable
   mengendalikan dan mengelola eksposur risiko kredit            parameters, while optimising the return on risk.
   dalam parameter yang dapat diterima, sekaligus
   memaksimalkan return on risk.

   Dalam mengelola risiko kredit, Bank telah memiliki            In managing credit risk, the Bank has credit policies
   kebijakan dan pedoman perkreditan, yang                       and standard operations, that are enhanced
   disempurnakan secara berkala, dengan tetap                    periodically in accordance with independent risk
   didasarkan pada prinsip pengelolaan risiko yang               management principles based on OJK regulations
   independen sesuai dengan peraturan OJK dan                    and other external regulatory and risk management
   peraturan eksternal lainnya dan kebijakan                     policies related to credit. Management of credit risk
   manajemen risiko yang terkait dengan pemberian                include lending activities and other credit risk
   pinjaman. Pengelolaan risiko kredit mencakup                  exposures such as placement, purchase of securities
   aktivitas penyaluran kredit serta eksposur risiko             and      investments,      which    are    managed
   kredit lainnya seperti penempatan, pembelian efek-            comprehensively at both portfolio and transaction.
   efek, dan penyertaan, yang dikelola secara
   komprehensif baik pada tingkat portofolio maupun
   transaksi.

   Bank melakukan evaluasi atas tingkat risiko kredit            The Bank evaluates the credit risk level related to
   terkait pemberian fasilitas kepada nasabah atau               financing the customers or projects by considering
   proyek dengan mempertimbangkan berbagai faktor,               various factors, which include the following:
   antara lain sebagai berikut:

   i.     Historis dan proyeksi kondisi keuangan,                i.   Historical and projected financial condition,
          termasuk laporan posisi keuangan, laporan laba              including statement of financial position, profit
          rugi, dan laporan arus kas nasabah;                         or loss, and statement of cash flows of the
                                                                      customers;
   ii.  Riwayat hubungan kredit;                                 ii. Credit history;
   iii. Kualitas, kinerja dan    pengalaman dari                 iii. Quality, performance and experience of the
        pengelolaan nasabah;                                          customer’s management;
   iv. Sektor industri nasabah;                                  iv. Customer’s industry sector;
   v. Kualitas agunan debitur, baik berupa aset                  v. Debtor’s collateral quality, both in form of
        berwujud maupun agunan setara kas;                            tangible assets or cash equivalents;
   vi. Posisi nasabah dalam persaingan industri                  vi. Customer’s competitive position in the industry;
        sejenis; serta                                                and
   vii. Kondisi ekonomi secara umum.                             vii. General economic conditions.




                                                           144
Page 618
                                                                            The original financial statements included herein are in
                                                                                                              Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                    PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                       As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                      for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                     (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                  45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                          Credit risk (continued)

   Terhadap eksposur risiko kredit yang lebih khusus                 In relation to the specific credit risk exposure such as
   seperti kredit perorangan, fasilitas antar bank dan               individual credit, inter-bank facility and others, the
   sebagainya, Bank melakukan evaluasi secara                        Bank separately evaluates based on other factors
   tersendiri dengan menggunakan faktor yang                         that may be different, according to the specific
   mungkin berbeda, sesuai dengan karakteristik                      characteristics of each exposure. The approval
   spesifik dari setiap jenis eksposur. Proses                       process of facility with credit risk exposure are
   persetujuan fasilitas dengan eksposur risiko kredit               executed based on a principal that each facility and
   dilakukan berdasarkan prinsip bahwa setiap fasilitas              credit risk exposure approval must be processed
   dan eksposur risiko kredit harus diproses melalui                 through the credit committee and/or other committee.
   komite kredit dan/atau komite lainnya.

   Selain itu, pengelolaan risiko kredit yang lebih                  Furthermore, specific credit risk management is
   spesifik juga dilakukan atas portofolio pinjaman                  performed on non-performing loan portfolio and
   yang bermasalah maupun eksposur risiko kredit                     other credit risk exposures. Such efforts, among
   lain. Upaya yang dilakukan di antaranya adalah                    others, are restructuring on non-performing loans,
   restrukturisasi fasilitas pinjaman yang bermasalah,               foreclosing assets and providing allowances to cover
   pengambilalihan       agunan,    dan   pembentukan                potential losses, and write-off. The Bank has
   cadangan untuk menutup potensi kerugian, hingga                   identified, measured, monitored, and controlled risks
   pelaksanaan hapus buku. Bank telah menjalankan                    which covers credit risk profile in a comprehensive
   proses identifikasi, pengukuran, pemantauan, dan                  risk management. In order to control credit risk in
   pengendalian risiko yang mencakup profil risiko                   a comprehensive manner, the Bank continues to
   kredit secara komprehensif. Dalam rangka                          review and accomplish the implementation of credit
   pengendalian risiko kredit secara komprehensif,                   risk control function.
   Bank terus meninjau dan menyempurnakan
   pelaksanaan fungsi pengendalian risiko kredit.

   Manajemen      risiko    kredit   diarahkan     untuk             Credit risk management is mainly to improve the
   meningkatkan keseimbangan antara ekspansi kredit                  balance of credit expansion and the prudent credit
   yang sehat dengan pengelolaan pinjaman yang                       management that could mitigate the risk of the
   berprinsip kehati-hatian (prudent) agar terhindar dari            deterioration of loan quality or loans from becoming
   risiko penurunan kualitas kredit atau menjadi Non                 Non Performing Loan, and to optimise the use of
   Performing Loan (NPL), serta mengoptimalkan                       capital allocated for the credit risk.
   penggunaan modal yang dialokasikan untuk risiko
   kredit.

   i.    Pengukuran risiko kredit                                    i.     Credit risk measurement

         Dalam mengukur risiko kredit untuk pinjaman                        In measuring credit risk for loans, the Bank
         yang diberikan, Bank mempertimbangkan                              considers the estimated losses when debtor
         estimasi kerugian saat debitur kemungkinan                         may be unable to meet its obligations and
         tidak dapat memenuhi kewajibannya dan                              estimated losses on defaulting debtor's
         estimasi kerugian atas kewajiban debitur yang                      liabilities. To manage and monitor the credit risk,
         telah wanprestasi. Untuk mengelola dan                             the Bank conducts a regular analysis of the loan
         memantau risiko atas penyaluran pinjaman,                          portfolio and business segmentation based on
         secara rutin Bank melakukan analisis terhadap                      the credit quality of debtor.
         portofolio pinjaman dan segmentasi bisnis
         berdasarkan kualitas kredit dari debitur.

   ii.   Pengendalian    batas      risiko   dan   kebijakan         ii.    Risk limit control and mitigation policies
         mitigasi

         Untuk menghindari risiko konsentrasi kredit,                       To minimise the credit concentration risk, the
         Bank menetapkan limit eksposur untuk setiap                        Bank sets an exposure limit to each related and
         nasabah baik pihak berelasi maupun pihak                           third parties as mentioned in the maximum
         ketiga dalam kebijakan batas maksimum                              lending limit policy.
         pemberian pinjaman.



                                                               145
Page 619
                                                                          The original financial statements included herein are in
                                                                                                            Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                  PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                     As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                    for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                   (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                       Credit risk (continued)

   ii.   Pengendalian batas      risiko   dan   kebijakan         ii.     Risk limit control        and    mitigation    policies
         mitigasi (lanjutan)                                              (continued)

         Bank      mengelola,      membatasi,        dan                  The Bank manages, limits, and controls the
         mengendalikan konsentrasi risiko kredit, secara                  credit concentration risk, in particular, to
         khusus terhadap debitur individu maupun                          individual counterparties and groups, and to
         kelompok, dan industri maupun geografis.                         industries and geographies.

         Batas pemberian pinjaman ditelaah mengikuti                      Lending limits are reviewed in the light of
         perubahan pada kondisi pasar dan ekonomi                         changing market and economic conditions and
         dan evaluasi kredit secara periodik dan                          periodic credit reviews and assessments of
         penilaian atas kemungkinan wanprestasi.                          probability of default.

         Dalam proses pengajuan pinjaman, pembelian                       In the loan application process, purchase of
         efek-efek maupun penempatan pada bank lain,                      securities and placement with other banks, the
         Bank menetapkan dual control dalam rangka                        Bank sets dual control as part of four eyes
         four eyes principles yang melibatkan petugas                     principles which involve marketing officers,
         pemasaran, petugas pemeriksa dan pejabat                         supervisors and authorised approvers.
         yang berwenang.

         Beberapa pengendalian spesifik lainnya dan                       Some other specific controls and the mitigation
         pengukuran mitigasi dijelaskan di bawah ini:                     measurement are explained as follows:

         Agunan                                                           Collateral

         Pengelolaan risiko kredit terhadap pinjaman                      Risk management of loans, not only maintain
         yang diberikan tidak hanya menjaga kualitas                      loans quality but also to mitigate the risk with
         pinjaman namun juga memitigasi risiko dengan                     additional assets as collateral to cover financial
         tambahan aset sebagai jaminan atas kewajiban                     contractual obligation of debtors. Some of
         kontraktual debitur. Beberapa jenis agunan                       acceptable collateral to mitigate the credit risk
         yang diterima dalam rangka memitigasi risiko                     such as:
         kredit antara lain:

         •   Kas (Deposito)                                               •    Cash (Deposits)
         •   Tanah dan/atau bangunan                                      •    Land and/or building
         •   Mesin dan peralatan                                          •    Machinery and equipment
         •   Kendaraan bermotor                                           •    Vehicle
         •   Piutang                                                      •    Trade receivables
         •   Persediaan                                                   •    Inventory
         •   Garansi perorangan/Perusahaan/Bank                           •    Personal/Corporate/Bank Guarantee

   iii. Risiko kredit maksimum                                    iii.    Maximum credit risk

         Untuk aset keuangan yang diakui di laporan                       For financial assets recognised on the
         posisi keuangan, eksposur maksimum terhadap                      statements of financial position, the maximum
         risiko kredit sama dengan nilai tercatat. Untuk                  exposure to credit risk equals their carrying
         bank garansi, eksposur maksimum terhadap                         amount. For bank guarantees, the maximum
         risiko kredit adalah nilai maksimum yang harus                   exposure to credit risk is the maximum amount
         dibayarkan oleh Bank jika liabilitas atas bank                   that the Bank has to pay if the obligations of the
         garansi terjadi. Untuk fasilitas pinjaman kepada                 bank guarantees issued are called upon. For
         nasabah yang belum digunakan, eksposur                           the unused loan facilities, the maximum
         maksimum terhadap risiko kredit adalah                           exposure to credit risk is the committed amount.
         sebesar komitmen tersebut.




                                                            146
Page 620
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                 45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                        Credit risk (continued)

   iii. Risiko kredit maksimum (lanjutan)                          iii.    Maximum credit risk (continued)

       Eksposur maksimum risiko kredit terhadap aset                       The maximum exposure to credit risk of
       keuangan pada laporan posisi keuangan pada                          financial assets on statements of financial
       tanggal 31 Desember 2023 dan 2022 adalah                            position as of December 31, 2023 dan 2022 are
       sebagai berikut:                                                    as follows:

                                                  Eksposur maksimum/
                                                   Maximum exposure
                                            31 Desember 2023/ 31 Desember 2022/
                                            December 31, 2023 December 31, 2022

       Laporan posisi keuangan                                                                      Statement of financial position
                                                                                                            Current accounts with
       Giro pada Bank Indonesia                1.493.076.850      1.506.565.848                                 Bank Indonesia
       Giro pada bank lain                       296.298.919        228.384.427                 Current accounts with other banks
       Penempatan pada Bank                                                                      Placements with Bank Indonesia
         Indonesia dan bank lain                 916.367.530        858.340.530                                and other banks
       Efek-efek                               6.285.563.736      4.818.553.397                             Marketable securities
       Efek-efek yang dibeli dengan                                                                   Securities purchased under
         janji dijual kembali                    636.732.554        839.432.375                               resale agreement
       Pendapatan bunga yang
         masih akan diterima                     386.167.151        416.231.152                                 Interest receivable
       Pinjaman yang diberikan                                                                                       Loans, sharia
         pembiayaan dan piutang syariah       18.628.743.177     15.824.611.091                       financing and receivables
       Penyertaan saham                          215.930.505        242.104.323                              Investment in shares
       Tagihan Akseptasi                          12.474.839          7.754.446                           Acceptance receivables
       Aset lain-lain                             23.076.537         29.246.923                                       Other assets

       Jumlah                                 28.894.431.798     24.771.224.512                                              Total

       Dikurangi:                                                                                                           Less:
       Cadangan kerugian penurunan nilai       (614.260.677)       (585.869.064)                  Allowance for impairment losses

       Jumlah - bersih                        28.280.171.121     24.185.355.448                                         Total - net



       Eksposur maksimum risiko kredit terhadap                            The maximum credit risk exposures relating to
       rekening  administratif  pada     tanggal                           administrative accounts as of December 31,
       Desember 2023 dan 2022 adalah sebagai                               2023 and 2022 are as follows:
       berikut:

                                                31 Desember/December 31,

                                                 2023               2022

       Rekening administratif                                                                             Administrative accounts
       Fasilitas pinjaman yang belum
         digunakan                             5.297.647.138      4.033.693.802                              Unused loan facilities
       Letter of credit                           60.563.964         18.705.728                                   Letter of credit
       Garansi yang diterbitkan                  982.802.950        347.627.606                                Guarantees issued

       Jumlah                                  6.341.014.052      4.400.027.136                                              Total

       Dikurangi:                                                                                                           Less:
       Cadangan kerugian penurunan nilai          (1.178.357)             (241.681)               Allowance for impairment losses

       Jumlah - bersih                         6.339.835.695      4.399.785.455                                         Total - net




                                                           147
Page 621
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                   PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                      As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                     for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                    (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                        Credit risk (continued)

   iii. Risiko kredit maksimum (lanjutan)                          iii.    Maximum credit risk (continued)

       Tabel di atas menggambarkan eksposur                                The table above shows the maximum exposure
       maksimum atas risiko kredit bagi Bank pada                          to credit risk for the Bank as of December 31,
       tanggal 31 Desember 2023 dan 2022, sebelum                          2023 and 2022, gross of allowance for
       memperhitungkan         cadangan     kerugian                       impairment losses and collateral. For financial
       penurunan nilai kredit dan agunan. Untuk aset                       assets, the exposures set out above are based
       keuangan, eksposur di atas ditentukan                               on the gross carrying value as disclosed in the
       berdasarkan nilai tercatat bruto seperti yang                       statements of financial position.
       diungkapkan pada laporan posisi keuangan.

       Seperti yang telah dijelaskan di atas, pada                         As mentioned above, as of December 31, 2023
       tanggal 31 Desember 2023 dan 2022 masing-                           and 2022, amounted to 64.47% and 63.88% of
       masing sebesar 64,47% dan 63,88% dari                               the total maximum exposure, respectively, is
       jumlah eksposur maksimum adalah berasal dari                        derived from loans (gross of allowance for
       pinjaman      yang     diberikan   (sebelum                         impairment losses).
       memperhitungkan       cadangan      kerugian
       penurunan nilai).

   iv. Evaluasi penurunan nilai                                    iv. Impairment assessment

       Untuk tujuan akuntansi, Bank menggunakan                            For accounting purposes, the Bank uses an
       model kerugian kredit ekspektasian untuk                            expected credit loss model for the recognition of
       pengakuan kerugian penurunan nilai aset                             losses on impaired financial assets.
       keuangan.

       Pertimbangan utama evaluasi penurunan nilai                         The main considerations for the loan impairment
       pinjaman yang diberikan termasuk adanya                             assessment include whether any payments of
       pembayaran pokok atau bunga yang jatuh                              principal or interest are overdue by more than
       tempo lebih dari 30 (tiga puluh) hari dan 90                        30 (thirty) days and 90 (ninety) days or there are
       (sembilan puluh) hari atau terdapat kesulitan                       any known difficulties, or infringement of the
       atau pelanggaran dari persyaratan yang                              original terms of the contract. The Bank
       terdapat dalam kontrak awal yang diketahui.                         addresses impairment assessment in 2 (two)
       Bank melakukan evaluasi penurunan nilai                             areas: individually assessed allowances and
       dalam 2 (dua) area yaitu evaluasi penurunan                         collectively assessed allowances.
       nilai secara individual dan evaluasi penurunan
       nilai secara kolektif.

       a.   Evaluasi penurunan nilai secara individual                     a.   Individually assessed allowances

            Bank menentukan penyisihan kerugian                                 The Bank determines the allowances for
            penurunan nilai secara individual untuk                             impairment losses for each significant loans
            masing-masing pinjaman signifikan yang                              on an individual basis and have objective
            diberikan dan memiliki bukti objektif                               evidence of impairment.
            penurunan nilai.

       b.   Evaluasi penurunan nilai secara kolektif                       b.   Collectively assessed allowances

            Evaluasi penyisihan kerugian penurunan                              Allowances for impairment losses are
            nilai secara kolektif dilakukan atas                                assessed collectively for losses on loans
            pinjaman yang diberikan yang tidak                                  that are not individually significant and for
            signifikan secara individual dan juga untuk                         individually significant loans with no
            pinjaman signifikan yang diberikan yang                             objective evidence of impairment.
            tidak memiliki bukti objektif penurunan nilai.



                                                             148
Page 622
                                                                                The original financial statements included herein are in
                                                                                                                  Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                        PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                           As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                          for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                         (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                      45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                               Credit risk (continued)

   v.   Kualitas aset keuangan                                            v.    Quality of financial assets

        Pada tanggal 31 Desember 2023 dan 2022,                                 As of December 31, 2023 and 2022, credit risk
        eksposur risiko kredit atas aset keuangan                               exposure relating to financial assets are divided
        terbagi atas:                                                           as follows:

                                                         31 Desember/ December 31, 2023
                                                                                                     Jumlah/
                                        Stage 1            Stage 2              Stage 3               Total

                                                                                                                    Current accounts with
        Giro pada Bank Indonesia         1.493.076.850                -                     -        1.493.076.850     Bank Indonesia
                                                                                                                  Current accounts with
        Giro pada bank lain               296.298.919                 -                     -         296.298.919           other banks
                                                                                                                   Placements with Bank
        Penempatan pada Bank                                                                                             Indonesia and
          Indonesia dan bank lain          916.367.530                -                     -         916.367.530           other banks
        Efek-efek                        6.285.563.736                -                     -       6.285.563.736   Marketable securities
                                                                                                                     Securities purchased
        Efek-efek yang dibeli                                                                                              under resale
          dengan janji dijual kembali     636.732.554                 -                     -         636.732.554             agreement
        Pinjaman yang diberikan,                                                                                              Loans, sharia
          pembiayaan dan                                                                                                  financing and
          piutang syariah               16.834.895.372    1.050.384.426           743.463.379      18.628.743.177            receivables
        Pendapatan bunga yang
          masih akan diterima             286.842.088        99.325.063                     -         386.167.151     Interest receivables
        Tagihan akseptasi                  12.474.839                 -                     -          12.474.839 Acceptance Receivable
        Penyertaan saham                  215.930.505                 -                     -         215.930.505   Investment in shares
        Aset lain-lain                     23.076.537                 -                     -          23.076.537            Other assets

        Jumlah                          27.001.258.930    1.149.709.489           743.463.379      28.894.431.798                    Total
        Dikurangi:                                                                                                                   Less:
        Cadangan kerugian                                                                                                    Allowance for
          penurunan nilai                                                                             (614.260.677)    impairment losses
        Jumlah - bersih                                                                            28.280.171.121               Total - net



                                                         31 Desember/ December 31, 2022
                                                                                                     Jumlah/
                                        Stage 1            Stage 2              Stage 3               Total

                                                                                                                    Current accounts with
        Giro pada Bank Indonesia         1.506.565.848                -                     -        1.506.565.848     Bank Indonesia
                                                                                                                  Current accounts with
        Giro pada bank lain               228.384.427                 -                     -         228.384.427           other banks
                                                                                                                   Placements with Bank
        Penempatan pada Bank                                                                                             Indonesia and
          Indonesia dan bank lain          858.340.530                -                     -         858.340.530           other banks
        Efek-efek                        4.818.553.397                -                     -       4.818.553.397   Marketable securities
                                                                                                                     Securities purchased
        Efek-efek yang dibeli                                                                                              under resale
          dengan janji dijual kembali     839.432.375                 -                     -         839.432.375             agreement
        Pinjaman yang diberikan,                                                                                              Loans, sharia
          pembiayaan dan                                                                                                  financing and
          piutang syariah               13.749.721.837    1.406.262.727           668.626.527      15.824.611.091            receivables
        Pendapatan bunga yang
          masih akan diterima             271.739.068       144.492.084                     -         416.231.152     Interest receivables
        Tagihan akseptasi                   7.754.446                 -                     -           7.754.446 Acceptance Receivable
        Penyertaan saham                  242.104.323                 -                     -         242.104.323   Investment in shares
        Aset lain-lain                     29.246.923                 -                     -          29.246.923            Other assets

        Jumlah                          22.551.843.174    1.550.754.811           668.626.527      24.771.224.512                    Total
        Dikurangi:                                                                                                                   Less:
        Cadangan kerugian                                                                                                    Allowance for
          penurunan nilai                                                                            (585.869.064)     impairment losses
        Jumlah - bersih                                                                            24.185.355.448               Total - net




                                                                149
Page 623
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                        Credit risk (continued)

   v.   Kualitas aset keuangan (lanjutan)                          v.    Quality of financial assets (continued)

        Dalam menentukan kualitas kredit berdasarkan                     In determining credit quality by client segment
        segmen      klien   dipantau   dan   dianalisis                  are monitored and analised based on days past
        berdasarkan hari tunggakan (days past due)                       due and qualitative criteria as explained in
        dan kriteria kualitatif sebagaimana dijelaskan                   Note 2g.
        pada Catatan 2g.

        Dalam hal terdapat keraguan terhadap                             Where there is doubt on the ability of the
        kemampuan      debitur   untuk     melakukan                     debtors to meet contractual payments when
        pembayaran kontraktual pada saat jatuh tempo,                    due, the terms of the loans might be
        persyaratan   kredit dapat     dinegosiasikan                    renegotiated based on mutual agreement
        kembali berdasarkan kesepakatan antara Bank                      between the Bank and the debtors.
        dan debitur.

        Dampak langsung dan tidak langsung atas                          Direct and indirect effects of the COVID-19
        pandemi      COVID-19         mempengaruhi                       outbreak are impacting the global economy,
        perekonomian global, pasar, dan pihak lawan                      markets, and the counterparties and debtor of
        maupun debitur dari Bank. Manajemen telah                        the Bank. Management has taking actions to
        melakukan langkah-langkah untuk memitigasi                       mitigate the impacts on the Bank’s business as
        dampak terhadap bisnis Bank sebagai berikut:                     follow:

           Mempersiapkan       skema     restrukturisasi/                   Establish     various    temporary   credit
            relaksasi kredit sementara untuk debitur                          restructuring/relaxation    scheme      for
            yang terdampak COVID-19.                                          customers affected by COVID-19.
           Melakukan penyaluran pinjaman yang                               Provide loans to customers selectively with
            diberikan      secara    selektif    dengan                       prudent principles.
            menerapkan prinsip kehati-hatian.
           Meningkatkan upaya penagihan dan                                 Increase efforts on collections and
            penyelesaian kredit bermasalah.                                   settlements of non-performing loans.
           Melakukan efisiensi biaya operasional.                           Manage operational expenses efficiently.
           Menerapkan manajemen risiko likuiditas                           Implement liquidity risk management
            secara optimum untuk menjaga posisi                               optimally to secure the Bank’s liquidity
            likuiditas Bank.                                                  position.

        Manajemen     juga    melakukan       analisa                    Management also performs a risk-based
        berdasarkan risiko atas sektor-sektor yang                       assessment of those sectors most impacted by
        paling terkena dampak penurunan akibat                           the COVID-19 downturn, and performs a
        COVID-19, dan melakukan review kualitatif atas                   qualitative review of the ECL calculation
        perhitungan ECL terhadap sektor-sektor                           associated with those sectors to ensure that
        tersebut untuk meyakinkan bahwa ECL                              overall ECL is sufficient.
        mencukupi.

        Untuk debitur yang masih memiliki prospek                        For debtors who still have good business
        usaha serta kemampuan membayar kewajiban,                        prospects and the ability to pay, the Bank can
        Bank dapat memberikan relaksasi kredit antara                    provide loan relaxation, among others through
        lain dalam bentuk perpanjangan tenor                             tenor extension in accordance with the debtor's
        disesuaikan dengan siklus usaha debitur saat                     current business cycle (generally for period up
        ini (pada umumnya untuk masa hingga                              to 1 year). Meanwhile, for debtors who need
        1 tahun). Sementara untuk debitur yang                           relatively longer recovery time, its can be given
        membutuhkan waktu pemulihan relatif lebih                        loan restructuring, among others in the form of
        lama, dapat diberikan restrukturisasi kredit,                    grace period/payment holiday and/or a
                                                                         reduction in interest rates.
        antara lain dalam bentuk pemberian masa
        tenggang/ penundaan pembayaran dan/atau
        penurunan suku bunga.

                                                             150
Page 624
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                            45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                    Credit risk (continued)

   v.   Kualitas aset keuangan (lanjutan)                      v.    Quality of financial assets (continued)

        Sampai dengan tanggal 31 Desember 2023 dan                   As of December 31, 2023 and 2022, there are
        2022, terdapat 235 dan 326 debitur dengan                    235 and 326 debtors with total outstanding
        total pinjaman sebesar Rp2.868.304.020 dan                   loans of Rp2,868,304,020 and Rp4,527,782,755
        Rp4.527.782.755 yang telah direstrukturisasi.                respectively which have been restructured.

        Manajemen telah berupaya untuk memperbaiki                   Management has made efforts to improve the
        kualitas kredit Bank dan menjaga rasio NPL                   quality of the Bank's credit and maintain the
        dibawah      ketentuan    maksimal     yang                  NPL ratio below the maximum stipulated by the
        dipersyaratkan oleh OJK dengan melakukan                     OJK by doing the following:
        hal-hal sebagai berikut:

           Melakukan cessie pinjaman untuk debitur                      Conduct a loan cessie for debtors who fall
            yang masuk ke dalam kategori pinjaman                         into the non-performing loan category;
            yang bermasalah;
           Mentransfer pinjaman untuk debitur yang                      Transferring loans for debtors that are
            masuk ke dalam kategori pinjaman yang                         categorised as non-performing loans into
            bermasalah menjadi Aset Yang Diambil Alih                     Foreclosed Assets (“AYDA”) by taking over
            (“AYDA”) dengan mengambil alih agunan                         the collateral guaranteed by the debtor;
            yang dijaminkan oleh debitur;
           Membuat pembentukan cadangan kerugian                        Create an additional allowance                  for
            penurunan nilai tambahan untuk pinjaman;                      impairment losses for loans; and
            dan
           Melakukan restrukturisasi pinjaman sesuai                    Performed loan restructuring in accordance
            dengan ketentuan dari OJK.                                    with the provisions of the OJK.

        Mengingat model perhitungan kerugian kredit                  Considering that the expected credit loss
        ekspektasian     tidak    sepenuhnya    dapat                calculation    model     cannot    produce     an
        menghasilkan estimasi kerugian yang akurat                   accurate estimation of losses in abnormal
        dalam kondisi ekonomi yang abnormal, maka                    economic conditions, Management has also
        Manajemen juga sudah memperhitungkan                         taken into account several adjustment
        beberapa faktor penyesuaian untuk memastikan                 factors to ensure the expected value of the
        nilai kerugian kredit ekspektasian yang diakui               expected credit loss recognised in the financial
        dalam laporan keuangan dinyatakan secara                     statements is stated fairly. In assessing
        wajar. Dalam menilai kondisi masa depan,                     future      conditions,     management       has
        manajemen telah mempertimbangkan berbagai                    considered     various    relevant    information
        informasi relevan yang tersedia, termasuk                    available, including COVID-19 policies issued
        kebijakan COVID-19 yang dikeluarkan oleh                     by the government to support and mitigate the
        pemerintah untuk mendukung dan mengurangi                    impact of the spread of COVID-19 on the
        dampak penyebaran COVID-19 terhadap                          economy, and encouragement for banks to
        perekonomian, dan mendorong Bank untuk                       defer or restructure loans.
        menunda atau merestrukturisasi pinjaman.

        Dalam kondisi normal, penjadwalan ulang atau                 Under normal conditions, a rescheduling or
        restrukturisasi pinjaman akan menunjukkan                    restructuring of a loan would indicate
        peningkatan risiko kredit yang signifikan dan                a significant increase in credit risk and a move
        pindah ke Stage 2. Namun, dalam kondisi saat                 to Stage 2. However, in the current condition,
        ini, manajemen telah mempertimbangkan                        management has considered that such
        bahwa restrukturisasi atau peristiwa tidak                   a restructuring or event was not automatically
        secara otomatis memicu peningkatan risiko                    trigger a significant increase in credit risk if the
        kredit yang signifikan jika debitur diharapkan               debtor would be expected to recover and fulfill
        untuk memulihkan dan memenuhi kewajiban                      their contractual obligations after the end of the
        kontraktual mereka setelah akhir periode                     restructuring or relaxation period.
        restrukturisasi atau relaksasi.

                                                         151
Page 625
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                       Credit risk (continued)

   v.   Kualitas aset keuangan (lanjutan)                         v.    Quality of financial assets (continued)

        Asumsi dan pertimbangan utama dalam                             Key assumptions and judgments                        in
        menentukan kerugian kredit ekspektasian                         determining expected credit loss

        Lifetime                                                        Lifetime

        Kerugian kredit ekspektasian diestimasikan                      Expected credit loss is estimated based on the
        berdasarkan periode dimana Bank terpapar                        period over which the Bank is exposed to credit
        pada risiko kredit. Bank memiliki proses review                 risk. The Bank has a review process for each of
        dari setiap model bisnis/produknya. Baik kredit                 its business models/products. Both revolving
        revolving     maupun     non-revolving,     untuk               and non-revolving loans, to calculate expected
        menghitung kerugian kredit ekspektasian                         credit losses using the contractual term in
        menggunakan jangka waktu kontraktual sesuai                     accordance     with    the    contract   period.
        dengan jangka waktu kontraknya. Penetapan                       Determination of this period, especially for
        periode tersebut khususnya untuk kredit                         revolving credit, is carried out by taking into
        revolving dilakukan dengan mempertimbangkan                     account the conditions in which the Bank carries
        kondisi dimana proses perpanjangan kredit                       out the process of extending revolving credit
        revolving yang diberikan oleh Bank dilakukan                    through a robust study, namely through
        melalui kajian yang robust yaitu melalui evaluasi               a substantive compared to administrative
        yang substantif dibandingkan administratif.                     evaluation.

        Lingkungan ekonomi yang berkembang adalah                       The developing economic environment is the
        penentu utama dari kemampuan nasabah Bank                       key determinant of the ability of a Bank’s
        untuk memenuhi kewajiban mereka saat jatuh                      customer to meet their obligations as they fall
        tempo. Ini adalah prinsip dasar PSAK 71 bahwa                   due. It is a fundamental principle of SFAS 71
        potensi kerugian kredit di masa depan harus                     that the potential future credit losses should
        bergantung tidak hanya pada kesehatan                           depend not just on the health of the economy
        ekonomi     saat   ini, tetapi juga harus                       today, but should also take into account
        memperhitungkan kemungkinan perubahan                           potential changes to the economic environment.
        pada lingkungan ekonomi. Misalnya, jika Bank                    For example, if the Bank was to anticipate a
        mengantisipasi perlambatan tajam dalam                          sharp slowdown in the world economy, Bank
        ekonomi dunia, Bank harus membentuk lebih                       should make more provisions today to absorb
        banyak cadangan hari ini untuk menyerap                         the credit losses likely to occur in the near
        kerugian kredit yang kemungkinan akan terjadi                   future.
        dalam waktu dekat.

        Untuk menangkap efek perubahan pada                             To capture the effect of changes to the
        lingkungan ekonomi, model PD digunakan                          economic environment, PD model is used to
        untuk menghitung kerugian kredit ekspektasian,                  calculate expected credit loss, by incorporating
        dengan memasukkan informasi forward looking                     forward-looking information in the form of
        dalam bentuk perkiraan nilai-nilai variabel                     forecasts of the values of economic variables
        ekonomi yang kemungkinan akan berdampak                         that are likely to have an effect on the
        pada    kemampuan     pembayaran      kembali                   repayment ability of the Bank’s customer.
        nasabah Bank.

        Berbagai MEV digunakan untuk setiap model                       Various of MEVs are used for each PD model,
        PD, tergantung pada hasil analisis statistik                    depending on the statistical analysis result of
        kesesuaian MEV dengan PD serta konsensus                        appropriateness of the MEV with PD as well as
        dari pakar kredit. Diantaranya adalah indeks                    consensus from credit expert. Amongst others
        barang konsumtif, inflasi, dan GDP Nasional.                    are consumer goods index, inflation and
                                                                        National GDP.




                                                            152
Page 626
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Risiko kredit (lanjutan)                                       Credit risk (continued)

   v.   Kualitas aset keuangan (lanjutan)                         v.    Quality of financial assets (continued)

        Asumsi dan pertimbangan utama dalam                             Key assumptions and judgments in
        menentukan kerugian kredit ekspektasian                         determining expected credit loss (continued)
        (lanjutan)

        Sensitivitas MEV terhadap ECL                                   Sensitivity of MEV to ECL

        Perhitungan ECL bergantung pada beberapa                        The ECL calculation relies on multiple variables
        variabel dan pada dasarnya tidak linier dan                     and is inherently non-linear and portfolio-
        tergantung pada portofolio, yang menyiratkan                    dependent, which implies that no single analysis
        bahwa tidak ada analisis tunggal yang dapat                     can fully demonstrate the sensitivity of the
        sepenuhnya menunjukkan sensitivitas kerugian                    expected credit loss to changes in the MEVs.
        kredit ekspektasian terhadap perubahan dalam                    The Bank believes that sensitivity should be
        MEV. Bank berkeyakinan bahwa sensitivitas                       performed to all variables, instead of single
        harus dilakukan terhadap seluruh variabel, alih-                variable, as this aligns with the multi-variable
        alih variabel tunggal, karena hal ini sejalan                   nature of the ECL calculation.
        dengan sifat multi-variabel dari perhitungan
        ECL.

        Analisis sensitivitas ECL dilakukan untuk                       A sensitivity analysis of ECL was undertaken to
        mengeksplorasi efek dari pandemi global                         explore the effect of the global COVID-19
        COVID-19 yang menyebabkan perlambatan                           pandemic that leads to Indonesia economy
        ekonomi Indonesia.                                              slowdown.

   Risiko pasar                                                   Market risk

   Risiko pasar adalah risiko pada laporan posisi                 Market risk is the risk on the statements of financial
   keuangan dan rekening administratif termasuk                   position and administrative accounts, including
   transaksi derivatif, akibat perubahan secara                   derivative transactions, due to overall changes in
   keseluruhan dari kondisi pasar, termasuk risiko                market conditions, including the risk of change of
   perubahan harga opsi. Risiko pasar meliputi, antara            option price. Market risk include, among others,
   lain, risiko tingkat suku bunga, risiko nilai tukar,           interest rate risk, foreign exchange risk, equity risk
   risiko ekuitas dan risiko komoditas. Risiko tingkat            and commodity risk. Interest rate risk, foreign
   suku bunga, risiko nilai tukar dan risiko komoditas            exchange risk and commodity risk can come from
   dapat berasal baik dari posisi trading book maupun             trading book and banking book, whereas equity risk
   posisi banking book, sedangkan risiko ekuitas                  come from trading book. Assets & Liabilities
   berasal dari posisi trading book. Assets & Liabilities         Committee (ALCO) is a committee assisting
   Committee (ALCO) merupakan komite yang                         Directors in monitoring and maintaining market risk.
   membantu Direksi dalam mengawasi dan mengelola
   risiko pasar.
   Risiko pasar melekat pada aktivitas fungsional Bank            Market risk is adhered on functional activities of the
   seperti kegiatan treasury dan investasi dalam                  Bank such as treasury activity and investment in
   bentuk efek-efek dan pasar uang maupun                         securities and money market or investment in other
   penyertaan pada lembaga keuangan lainnya,                      financing institution, funding and lending, funding
   penyediaan    dana    dan    pinjaman, kegiatan                activity and issued obligation and financing trading
   pendanaan dan penerbitan surat utang, serta                    activity. The Bank must and always identify and
   kegiatan pembiayaan perdagangan. Untuk itu, Bank               monitor from time to time to anticipate the market
   harus dan selalu melakukan identifikasi dan                    risk. The Loan to Funding Ratio (LFR) of the Bank as
   pemantauan dari waktu ke waktu untuk                           of December 31, 2023 and 2022 are 50.55% and
   mengantisipasi adanya risiko pasar. LFR (Loan to               81.08% respectively.
   Funding Ratio) Bank pada tanggal 31 Desember
   2023 dan 2022 masing-masing adalah sebesar
   50,55% dan 81,08%.



                                                            153
Page 627
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                             45. RISK MANAGEMENT (continued)

   Risiko pasar (lanjutan)                                      Market risk (continued)

   Tujuan dari manajemen risiko pasar adalah untuk              The objective of market risk management is to
   melakukan identifikasi, pengukuran, pengendalian,            identify, measure, control, and manage market risk
   dan pengelolaan eksposur risiko pasar dalam                  exposures within acceptable parameters, while
   parameter     yang      dapat      diterima,  serta          optimising the returns. This is done through a
   memaksimalkan tingkat pengembalian. Hal ini                  comprehensive policy and limit framework to
   dilakukan melalui kebijakan yang komprehensif dan            indentify, measure, and monitor the amount of risk
   kerangka limit untuk mengidentifikasi, mengukur,             based on risk appetite of the Bank.
   dan memantau nilai risiko berdasarkan tingkat risiko
   yang akan diambil (risk appetite) oleh Bank.

   Dalam melakukan pengukuran risiko pasar, Bank                In measuring market risk, the Bank uses the
   menggunakan perhitungan Metode Standar untuk                 Standardised Method in calculating Capital
   menghitung Kewajiban Penyediaan Modal Minimum                Adequacy Ratio (CAR) for market risk.
   (KPMM) untuk risiko pasar.

   Risiko tingkat suku bunga                                    Interest rate risk

   Risiko tingkat suku bunga timbul dari adanya                 Interest rate risk arise from the possibility that
   kemungkinan bahwa perubahan tingkat suku bunga               changes in interest rates will affect future cash flows
   akan mempengaruhi arus kas masa depan dari nilai             or the fair values of financial instruments.
   wajar instrumen keuangan.

   Dalam rangka meminimalkan risiko tingkat suku                To minimise interest rate risk, the Bank makes the
   bunga, Bank melakukan upaya-upaya sebagai                    following efforts, among others:
   berikut, antara lain:

   - Meningkatkan fungsi dan peran Assets &                     - Increasing function and role of Assets & Liabilities
     Liabilities Committee (ALCO) dalam rangka                    Committee (ALCO) in identifying and determining
     identifikasi dan penetapan tingkat suku bunga                interest rate and third party funds to anticipate
     pinjaman dan dana pihak ketiga untuk                         fluctuations in market interest rate.
     mengantisipasi fluktuasi suku bunga pasar.

   - Penerapan Kebijakan Assets & Liabilities                   - Application of Assets & Liabilities Management's
     Management (ALMA) untuk pihak berelasi dalam                 (ALMA) policy to related parties in application of
     penerapan manajemen risiko      Bank dan                     risk management of the Bank and it is one of a
     merupakan salah satu pedoman bagi unit kerja                 guidance for Treasury working unit in money
     Treasury dalam melakukan transaksi di pasar                  market and capital market transactions such as:
     uang dan pasar modal seperti:

     i. Melakukan identifikasi risiko tingkat suku                i. Identifying interest rate risk from transaction
        bunga yang berasal dari transaksi dan                        and Bank's portfolio of securities;
        portofolio Bank pada Efek-efek;

     ii. Penetapan sistem pengukuran risiko tingkat               ii. Determining measuring system of interest rate
         suku bunga dengan menggunakan gap                            risk using gap analysis or duration analysis;
         analysis atau duration analysis; dan                         and

     iii. Strategi penanaman     dana    dan   strategi           iii. Strategies of investment and collection of
          pengumpulan dana.                                            funds.




                                                          154
Page 628
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                 45. RISK MANAGEMENT (continued)

   Risiko pasar (lanjutan)                                         Market risk (continued)

   Risiko tingkat suku bunga (lanjutan)                            Interest rate risk (continued)

   Tabel berikut merupakan kisaran tingkat suku bunga              The following table summarises the range of
   kontraktual per tahun untuk aset dan liabilitas                 contractual interest rates per annum for significant
   keuangan yang signifikan untuk tahun yang berakhir              financial assets and liabilities for the years ended
   pada tanggal 31 Desember 2023 dan 2022:                         December 31, 2023 and 2022:

                                               31 Desember/December 31,

                                                2023                2022

   Aset                                                                                                                Assets
   Giro pada bank lain                        0,00% - 0,25%       0,00% - 1,30%             Current accounts with other banks
   Penempatan pada                                                                                       Placements with Bank
     Bank Indonesia dan bank lain             5,20% - 6,45%       4,75% - 5,10%                  Indonesia and other banks
   Efek-efek                                 4,95% - 11,00%      4,20% - 10,25%                           Marketable securities
   Efek-efek yang dibeli dengan                                                                    Securities purchased under
     janji dijual kembali                     6,25% - 6,35%       5,50% - 5,80%                           resale agreements
   Pinjaman yang diberikan,                                                                                       Loans, sharia
     pembiayaan dan piutang syariah          1,00% - 20,00%      1,00% - 21,55%                      financing and receivables

   Liabilitas                                                                                                     Liabilities
   Simpanan nasabah                           0,00% - 8,20%       0,00% - 7,00%                     Deposits from customers
   Simpanan dari bank lain                    0,00% - 6,50%       0,00% - 6,00%                    Deposits from other banks
   Efek-efek yang diterbitkan                9,25% - 11,75%             10,30%                              Securities issued
   Efek-efek yang dijual dengan janji                                                                          Securities sold
     dibeli kembali                           6,25% - 6,35%                5,80%             under repurchase agreements

   Sensitivitas terhadap laba bersih                               Sensitivity to net income
   Tabel di bawah ini mengikhtisarkan sensitivitas laba            The following table summarises the sensitivity of
   bersih Bank pada tanggal 31 Desember 2023 dan                   Bank’s net income to movement of interest rates on
   2022 atas perubahan tingkat suku bunga (tidak                   December 31, 2023 and 2022 (unaudited):
   diaudit):

                                              31 Desember/December 31, 2023
                                          Peningkatan dalam        Penurunan dalam
                                           100 basis poin/          100 basis poin/
                                             Increase by             Decrease by
                                           100 basis point          100 basis point

   Pengaruh terhadap laba bersih                    5.841.118                (5.841.118)                 Impact to net income

                                              31 Desember/December 31, 2022
                                          Peningkatan dalam        Penurunan dalam
                                           100 basis poin/          100 basis poin/
                                             Increase by             Decrease by
                                           100 basis point          100 basis point
   Pengaruh terhadap laba bersih                    7.380.239                (7.380.239)                 Impact to net income




                                                          155
Page 629
                                                                       The original financial statements included herein are in
                                                                                                         Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                45. RISK MANAGEMENT (continued)

   Risiko pasar (lanjutan)                                         Market risk (continued)

   Risiko tingkat suku bunga (lanjutan)                            Interest rate risk (continued)

   Proyeksi di atas mengasumsikan bahwa tingkat                    The projection above assumes that interest rates of
   suku bunga bergerak pada jumlah yang sama,                      all maturities move by the same amount and,
   sehingga tidak mencerminkan pengaruh potensial                  therefore, do not reflect the profit potential impact on
   laba atas perubahan beberapa tingkat suku bunga                 the changes of some interest rates while others
   sementara yang lainnya tidak berubah. Proyeksi                  remain unchanged. The projections also assume that
   juga mengasumsikan bahwa seluruh variabel                       all other variables are held constant and based on a
   lainnya adalah konstan dan berdasarkan tanggal                  constant reporting date position and that all positions
   pelaporan yang konstan serta seluruh posisi hingga              run to maturity.
   jatuh tempo.

   Risiko mata uang                                                Currency risk

   Bank memiliki eksposur risiko mata uang akibat                  The Bank is exposed to currency risk through
   adanya transaksi dalam valuta asing. Bank                       transaction in foreign currencies. The Bank monitors
   memonitor risiko konsentrasi yang terjadi untuk                 any concentration risk in relation to any individual
   setiap valuta sehubungan dengan penjabaran                      currency in regard to the translation of foreign
   transaksi dalam valuta asing ke dalam aset dan                  currency transactions into monetary assets and
   liabilitas moneter dalam Rupiah.                                liabilities in Rupiah.

   Pengelolaan posisi valuta asing Bank dilakukan                  The Bank’s foreign currency position management is
   dengan cara mengendalikan Posisi Devisa Neto                    conducted by managing the Bank’s overall Net Open
   (“PDN”) Bank secara keseluruhan.                                Position (“NOP”).
                                                 31 Desember/December 31, 2023
                                                                            Posisi Devisa
                                                                              Neto (nilai
                                                                              absolut)/
                                           Aset/           Liabilitas/    Net Open Position
    Valuta                                Assets           Liabilities    (absolute amount)                        Currencies
   Keseluruhan (laporan posisi                                                                        Aggregate (statements of
     keuangan dan rekening                                                                              financial position and
     administratif)                                                                                  administrative accounts)
       Dolar Amerika Serikat               697.540.237       710.115.633           12.575.396          United States Dollar
       Yen Jepang                            2.678.392         2.576.994              101.398                Japanese Yen
       Dolar Singapura                       1.759.234         1.903.038              143.804              Singapore Dollar
       Yuan China                            1.464.889                 -            1.464.889                 Chinese Yuan
       Euro Eropa                            1.084.572         1.551.542              466.970               European Euro
       Dolar Australia                         171.699                 -              171.699              Australian Dollar
       Poundsterling Inggis                     26.300                 -               26.300   Great Britain Poundsterling
       Dolar New Zealand                        22.851                 -               22.851          New Zealand Dollar
       Dolar Taiwan                              7.704                 -                7.704           New Taiwan Dollar
       Swiss Franc                               7.869                 -                7.869                  Swiss Franc
       Dolar Hongkong                            5.892                 -                5.892              Hongkong Dollar
       Won Korea                                 1.497                 -                1.497                  Korean Won
       Riyal Saudi                               1.437                 -                1.437                   Riyal Saudi
       Dolar Kanada                                581                 -                  581              Canadian Dollar
       Baht Thailand                               571                 -                  571                 Thailand Baht
       Ringgit Malaysia                            436                 -                  436            Malaysian Ringgit

    Total                                                                          14.999.294                              Total
   Jumlah ekuitas                                                             3.839.922.636                         Total equity
   Rasio PDN                                                                           0,39%                         NOP Ratio




                                                           156
Page 630
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Risiko likuiditas                                              Liquidity risk

   Risiko     likuiditas merupakan     risiko  akibat             Liquidity risk is the risk arising from the inability of
   ketidakmampuan Bank memenuhi kewajiban yang                    the Bank to meet the maturing obligations from cash
   jatuh tempo dari sumber pendanaan arus kas                     flow funding sources and/or from high-quality liquid
   dan/atau dari aset likuid berkualitas tinggi yang              assets that can be pledged, without disturbing the
   dapat diagunkan, tanpa mengganggu aktivitas dan                activities and financial condition of the Bank. The
   kondisi      keuangan   Bank.   Ketidakmampuan                 inability to obtain funding for cash flows resulting to
   memperoleh sumber pendanaan arus kas sehingga                  liquidity risk can be contributed by:
   menimbulkan risiko likuiditas dapat disebabkan
   antara lain oleh:

   a. Ketidakmampuan menghasilkan arus kas yang                   a. Inability to generate cash flows from productive
      berasal dari aset produktif maupun yang berasal                assets as well as from the sale of assets,
      dari penjualan aset termasuk aset likuid;                      including liquid assets; and/or
      dan/atau
   b. Ketidakmampuan menghasilkan arus kas yang                   b. Inability to generate cash flows from funding and
      berasal dari penghimpunan dana dan transaksi                   interbank transactions.
      antar Bank.

   Risiko likuiditas berhubungan dengan adanya                    Liquidity risk related with the possibility of Bank’s
   kemungkinan Bank tidak dapat memenuhi                          inability to meet the maturing obligations to its
   kewajibannya terhadap deposan, investor atau                   customers, investors or creditors in which due to the
   kreditur yang diantaranya disebabkan dari                      limitation of funding line or inability of the Bank to
   keterbatasan        akses    pendanaan     atau                liquidate its assets with the fair value. Assets and
   ketidakmampuan Bank untuk melikuidasi aset yang                Liabilities Committee (ALCO) is a commitee under
   dimiliki dengan harga yang wajar. Assets and                   Director who monitor and manage liquidity risk.
   Liabilities Committee (ALCO) merupakan komite
   yang membantu Direksi dalam mengawasi dan
   mengelola risiko likuiditas.

   Secara umum, tujuan utama manajemen risiko                     In general, the main purpose of liquidity risk
   untuk risiko likuiditas adalah untuk meminimalkan              management is to minimise the possibility of the
   kemungkinan        ketidakmampuan    Bank    dalam             Bank's inability to obtain sources of financing. Thus
   memperoleh sumber pendanaan arus kas. Dengan                   the Bank can fulfill any financial obligations as they
   demikian Bank dapat memenuhi setiap kewajiban                  fall due in a timely manner, and in order to maintain
   keuangan yang sudah diperjanjikan secara tepat                 an adequate and optimal level of liquidity.
   waktu, dan agar senantiasa dapat memelihara
   tingkat likuiditas yang memadai dan optimal.

   Kebijakan pengelolaan risiko likuiditas antara lain            Liquidity risk management policies include the active
   mencakup pengawasan aktif Dewan Komisaris dan                  supervision of the Board of Commissioners and
   Direksi, yang pada intinya mengatur penerapan                  Board of Directors, which basically set the
   Manajemen Risiko likuiditas pada Bank, Kebijakan               implementation of the Bank's Liquidity Risk
   Manajemen Risiko likuiditas yang secara umum                   Management, Liquidity Risk Management Policy
   mencakup strategi manajemen risiko likuiditas,                 which generally include liquidity risk management
   tingkat risiko yang akan diambil (risk appetite) dan           strategy, the level of risk to be taken (risk appetite)
   toleransi risiko (risk tolerance) dan Sistem Informasi         and risk tolerance (risk tolerance) and Information
   Manajemen Risiko serta Sistem Pengendalian                     Systems Risk Management and Internal Control
   Internal dengan menerapkan pengendalian internal               System by implementing internal control and review
   dan kaji ulang independen yang memadai terhadap                of appropriate independent of the implementation of
   penerapan Manajemen Risiko untuk Risiko likuiditas             Risk Management for liquidity risk is carried out by
   yang dilaksanakan oleh Satuan Kerja Audit Internal             the Internal Audit (SKAI) and Risk Management Unit
   (SKAI) dan Satuan Kerja Manajemen Risiko                       (SKMR).
   (SKMR).




                                                            157
Page 631
                                                                                                        The original financial statements included herein are in
                                                                                                                                          Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                                         Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                                           45. RISK MANAGEMENT (continued)

   Risiko likuiditas (lanjutan)                                                                    Liquidity risk (continued)

   Tujuan dari manajemen risiko likuiditas adalah untuk                                            The objective of liquidity risk management is to
   memastikan bahwa setiap kebutuhan dana di saat                                                  ensure that current and future fund requirements can
   ini maupun di masa datang baik untuk kondisi                                                    be met both in normal or stress condition.
   normal maupun kondisi stres dapat dipenuhi.

   Bank mengelola risiko likuiditas melalui analisis                                               The Bank manages liquidity risk through liquidity gap
   perbedaan jatuh tempo likuiditas dan rasio-rasio                                                analysis and liquidity ratios. Liquidity risk is
   likuiditas. Risiko likuiditas diukur dan dipantau                                               measured and monitored on a daily basis based on
   secara harian berdasarkan kerangka kerja limit                                                  liquidity risk limit framework. Liquidity gap analysis
   risiko likuiditas. Analisis kesenjangan likuiditas                                              provides insight as to the mismatch of expected cash
   memberikan pandangan terhadap ketidaksesuaian                                                   inflows against cash outflows on any given day. This
   arus kas masuk dengan arus kas keluar pada waktu                                                is centrally managed within Treasury which has
   tertentu. Kondisi ini dikelola secara terpusat oleh                                             direct and authorised access to interbank, wholesale
   Tresuri yang mempunyai akses dan otorisasi secara                                               and other professional markets, to supplement core
   langsung ke interbank market, wholesale dan                                                     Bank activities such as deposit taking and lending.
   professional market lainnya, dalam upaya
   membantu aktivitas utama bisnis Bank seperti
   pengumpulan dana dan pemberian pinjaman.

   Langkah yang diambil oleh Bank sehubungan                                                       The steps taken by the Bank in connection with the
   dengan perbedaan antara aset dan liabilitas                                                     maturity gap mismatch between its financial assets
   keuangan yang jatuh tempo antara 1 (satu) sampai                                                and liabilities due in 1 (one) to 3 (three) months such
   dengan 3 (tiga) bulan, adalah meningkatkan                                                      as improving its services to customers, monitor the
   pelayanan kepada nasabah simpanan, memantau                                                     extension of deposit, search for new customers and
   perpanjangan simpanan, mencari nasabah baru                                                     offering services including attractive products and
   serta menawarkan produk dan bunga yang menarik                                                  interest rates in order to maintain stability and
   kepada nasabah untuk menjaga stabilitas dan                                                     continuity of deposits from customers. In addition,
   kontinuitas jumlah simpanan dari nasabah.                                                       the Bank also intensify collection efforts from non-
   Di samping itu, Bank juga mengintensifkan usaha                                                 performing debtors and placing excess funds on
   penagihan kepada debitur bermasalah dan                                                         marketable securities so they can be withdrawn at
   menempatkan kelebihan dana pada efek-efek yang                                                  any time as the Bank needs a fund.
   memiliki pasar sehingga dapat dicairkan setiap saat
   apabila Bank membutuhkan dana.

   Tabel jatuh tempo berikut ini menyajikan informasi                                              The maturity tables below provide information about
   mengenai perkiraan jatuh tempo dari liabilitas sesuai                                           maturities on contractual undiscounted cash flows of
   arus kas kontraktual yang tidak didiskontokan                                                   liabilities on December 31, 2023 and 2022:
   tanggal 31 Desember 2023 dan 2022:
                                                                          31 Desember/ December 31, 2023
                                                         Tidak
                                                      mempunyai
                                                     kontrak jatuh
                                                        tempo/
                                                      Dibayarkan
                                                        sesuai
                                                      permintaan/
                                                    No contractual                    > 1 bulan-        > 3 bulan-                      Lebih dari 5
                                                       maturity/                       3 bulan/          1 tahun/                         tahun/
                                     Jumlah/        Repayable on      < 1 bulan/      > 1 month        > 3 months      > 1 - 5 tahun/   More than 5
                                      Total             demand        < 1 month       3 months            1 year       > 1 - 5 years       years

   Liabilitas                                                                                                                                                               Liabilities

   Simpanan nasabah                22.688.095.000    5.366.287.229    8.801.219.060   4.427.579.482    3.703.009.229     390.000.000                   -    Deposits from customers
   Simpanan dari bank lain          1.105.227.338      261.365.349      816.024.281      24.768.125        3.069.583                -                  -   Deposits from other banks
   Efek-efek yang diterbitkan       1.717.750.004                -                -               -       52.750.000    1.665.000.004                  -            Securities issued
   Efek-efek yang dijual                                                                                                                                        Securities sold under
     dengan janji dibeli kembali     644.675.834                 -     644.675.834                 -              -                 -                  -    repurchase agreements
   Liabilitas lain-lain              160.229.698                 -     102.398.239                 -     10.521.933        47.309.526                  -               Other liabilities
                                   26.315.977.874    5.627.652.578   10.364.317.414   4.452.347.607    3.769.350.745    2.102.309.530                  -




                                                                                      158
Page 632
                                                                                                        The original financial statements included herein are in
                                                                                                                                          Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                                         Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                                                          45. RISK MANAGEMENT (continued)

   Risiko likuiditas (lanjutan)                                                                    Liquidity risk (continued)

   Tabel jatuh tempo berikut ini menyajikan informasi                                              The maturity tables below provide information about
   mengenai perkiraan jatuh tempo dari liabilitas sesuai                                           maturities on contractual undiscounted cash flows of
   arus kas kontraktual yang tidak didiskontokan                                                   liabilities on December 31, 2023 and 2022:
   tanggal 31 Desember 2023 dan 2022: (lanjutan)                                                   (continued)
                                                                          31 Desember/ December 31, 2022
                                                         Tidak
                                                      mempunyai
                                                     kontrak jatuh
                                                        tempo/
                                                      Dibayarkan
                                                        sesuai
                                                      permintaan/
                                                    No contractual                    > 1 bulan-        > 3 bulan-                      Lebih dari 5
                                                       maturity/                       3 bulan/          1 tahun/                         tahun/
                                     Jumlah/        Repayable on      < 1 bulan/      > 1 month        > 3 months      > 1 - 5 tahun/   More than 5
                                      Total             demand        < 1 month       3 months            1 year       > 1 - 5 years       years

   Liabilitas                                                                                                                                                                   Liabilities

   Simpanan nasabah                19.371.837.637    5.532.105.602   7.383.867.327   3.515.512.381     2.940.352.327               -                   -        Deposits from customers
   Simpanan dari bank lain          1.334.952.620      255.498.102   1.033.000.000      46.454.518                 -               -                   -       Deposits from other banks
   Efek-efek yang diterbitkan       1.051.903.552                -               -               -      199.720.232      852.183.320                   -                Securities issued
   Efek-efek yang dijual                                                                                                                                            Securities sold under
     dengan janji dibeli kembali     240.865.160                 -     240.865.160                 -              -                 -                  -        repurchase agreements
   Liabilitas lain-lain              127.766.009                 -      73.958.949                 -     20.706.772        33.100.288                  -                   Other liabilities
                                   22.127.324.978    5.787.603.704   8.731.691.436   3.561.966.899     3.160.779.331     885.283.608                   -



   Tabel berikut ini menyajikan informasi mengenai                                                 The tables below provide information about
   perkiraan cash outflow dari rekening administratif                                              estimated cash outflow of off-balance sheet as of
   pada tanggal 31 Desember 2023 dan 2022:                                                         December 31, 2023 and 2022:

                                                                           31 Desember/ December 31, 2023
                                                         Tidak
                                                      mempunyai
                                                     kontrak jatuh
                                                        tempo/
                                                      Dibayarkan
                                                        sesuai
                                                      permintaan/
                                                    No contractual                                                                         Lebih dari 5
                                                       maturity/      Kurang dari/       1–3               3 – 12             1–5            tahun/
                                     Jumlah/        Repayable on       Less than        bulan/             bulan/            tahun/        More than 5
                                      Total             demand       1 bulan/month      months             months             years           years
   Fasilitas pinjaman yang
       belum digunakan             5.297.647.138                 -   1.020.187.729     955.965.602     2.403.674.105         561.174.934     356.644.768           Unused loan facilities
   Letter of credit                   60.563.964                 -      37.759.837               -        22.804.127                   -               -               Letter of credits
   Garansi yang diterbitkan          982.802.950                 -       3.362.103     115.034.847       855.733.903           8.672.097               -             Guarantees issued
   Jumlah                          6.341.014.052                 -   1.061.309.669    1.071.000.449    3.282.212.135         569.847.031     356.644.768                             Total



                                                                           31 Desember/ December 31, 2022
                                                         Tidak
                                                      mempunyai
                                                     kontrak jatuh
                                                        tempo/
                                                      Dibayarkan
                                                        sesuai
                                                      permintaan/
                                                    No contractual                                                                         Lebih dari 5
                                                       maturity/      Kurang dari/       1–3               3 – 12             1–5            tahun/
                                     Jumlah/        Repayable on       Less than        bulan/             bulan/            tahun/        More than 5
                                      Total             demand       1 bulan/month      months             months             years           years
   Fasilitas pinjaman yang
       belum digunakan             4.033.693.802                 -     644.368.921     339.019.681     3.041.353.700           8.951.500                   -       Unused loan facilities
   Letter of credit                   18.705.728                 -               -               -                 -          18.705.728                   -           Letter of credits
   Garansi yang diterbitkan          347.627.606                 -      40.022.563      25.496.815       281.160.828             947.400                   -         Guarantees issued
   Jumlah                          4.400.027.136                 -     684.391.484     364.516.496     3.322.514.528          28.604.628                   -                         Total


   Risiko operasional                                                                              Operational risk

   Risiko operasional adalah risiko kerugian yang                                                  Operational risk is the risk of direct or indirect loss
   langsung ataupun tidak langsung yang terjadi                                                    resulting from inadequate or failure in internal
   karena tidak memadainya atau karena adanya                                                      processes, people and systems and/or from external
   kegagalan proses internal, kesalahan manusia,                                                   problems that affect the Bank's operations.
   kegagalan sistem, dan/atau adanya kejadian-
   kejadian eksternal yang mempengaruhi operasional
   Bank.



                                                                                     159
Page 633
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                             45. RISK MANAGEMENT (continued)

   Risiko likuiditas (lanjutan)                                 Liquidity risk (continued)

   Risiko ini melekat dalam semua proses bisnis,                This type of risk is inherent in all business
   kegiatan operasional, sistem dan produk Bank, dari           processes, operational activities, systems and
   mulai Kantor Pusat sampai Kantor Kas. Kegagalan              products of the Bank, from Head Office to Cash
   mengelola risiko operasional dapat menyebabkan               Office. Failure to manage operational risks properly
   kerugian keuangan, keselamatan karyawan dan                  could lead to financial losses, loss of employee
   reputasi Bank hingga akhirnya mempengaruhi                   safety, and reputation of the Bank until affected
   kecukupan modal Bank. Tujuan Bank dalam                      capital adequacy of the Bank. The Bank's objective
   mengelola risiko operasional adalah meminimalisasi           in managing operational risk is to minimise the
   dampak kegagalan atau ketidakcukupan proses                  impact of the failure or inadequate internal process,
   internal, faktor manusia, sistem atau kejadian-              people, system or from external events, which could
   kejadian eksternal yang dapat mempunyai dampak               have financial loss impact.
   kerugian.

   Bank menerapkan manajemen risiko operasional                 The Bank applies the operational risk management
   dengan sasaran memastikan bahwa Bank telah                   with the main target to ensure that the Bank has
   melakukan proses manajemen risiko yang meliputi              conducted a risk management process that includes
   identifikasi, penilaian, pengkajian, mitigasi risiko         risk identification, risk assessment, risk evaluation,
   serta dilakukan pengawasan dan pelaporan atas                risk mitigation and conducted monitoring and
   pelaksanaannya. Hal tersebut dilakukan dengan                reporting on implementation. This is done with the
   tujuan akhir memaksimalkan benefit dari suatu                ultimate target to maximise the benefits of a
   produk/layanan atau proses transaksi/aktivitas               product/service or process transactions/activities
   dengan potensi atas risiko operasional yang telah            with potential operational risks that have been taken
   diperhitungkan.                                              into account.

   Proses pengkajian risiko dilakukan untuk menilai             A risk assessment process is carried out to evaluate
   kecukupan pengendalian internal serta proses                 the adequacy of internal control and risk
   identifikasi dan penelaahan risiko untuk setiap              identification and assessment in every process and
   proses dan produk di masing-masing unit kerja                product in each working unit to ensure compliance
   untuk memastikan kepatuhan terhadap kebijakan,               with the policies, rules and limits set down by the
   peraturan dan batasan-batasan yang dibuat oleh               Bank's management. Operational risk management
   manajemen Bank. Pengelolaan risiko operasional               is also performed by strengthening security and
   juga dilakukan dengan memperkuat aspek                       operational aspects of information technology so that
   keamanan dan kehandalan operasi dari teknologi               human error, fraud, processing errors and system
   informasi sehingga kesalahan manusia, fraud,                 failure that can affect business continuity can be
   kesalahan proses dan potensi kegagalan sistem                anticipated and reduced.
   yang        dapat menyebabkan       terganggunya
   kelangsungan bisnis dapat ditekan dan diantisipasi
   lebih dini.

   Dalam pemantauan risiko operasional, fungsi                  In monitoring operational risk, the Internal Audit
   Satuan Kerja Audit Internal (SKAI) melaksanakan              (SKAI) conducted an assessment of the
   penilaian terhadap penerapan kebijakan dan                   implementation of risk management policies and
   prosedur manajemen risiko pada setiap aktivitas              procedures in each functional activity, new products
   fungsional, produk atau layanan baru dan Satuan              or services and Risk Management Unit (SKMR)
   Kerja Manajemen Risiko (SKMR) memastikan                     function ensures the identification, measurement,
   proses identifikasi, pengukuran, pemantauan dan              monitoring and risk control work effectively on any
   pengendalian risiko berjalan dengan efektif pada             functional activity, new products or services.
   setiap aktivitas fungsional, produk atau layanan
   baru.

   Pengawasan oleh Dewan Komisaris dan Direksi                  Monitoring by the Bank’s Boards of Commissioners
   Bank atas profil risiko Bank dan pelaksanaan                 and Director actively monitor of the Bank's risk
   manajemen risiko dilakukan melalui rapat yang                profile and its risk management implementation
   dilakukan secara berkala dengan jadwal yang telah            through meeting that are conducted regularly.
   ditentukan.



                                                          160
Page 634
                                                                     The original financial statements included herein are in
                                                                                                       Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                            PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                               As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                              for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                             (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                     Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                              45. RISK MANAGEMENT (continued)

   Risiko operasional (lanjutan)                                 Operational risk (continued)

   Selain kebijakan dan metode tersebut di atas, Bank            Other than policy and the above mentioned method,
   juga telah menerapkan upaya yang terus menerus                the Bank has continued developing its culture and
   dikembangkan untuk membangun lingkungan                       support the implementation for operational risk. The
   budaya yang mendukung pelaksanaan manajemen                   three line of defense implementation, which consist
   risiko operasional. Hal tersebut dilakukan melalui            of unit business as the first line of defense,
   penguatan pada tiga lini pertahanan (three line of            establishment of operational risk management as
   defense) yaitu pemberdayaan unit bisnis sebagai lini          second line of defense and coordination with Internal
   pertahanan       pertama,   pembentukan        fungsi         Audit (SKAI) as third line of defense.
   manajemen risiko operasional sebagai lini
   pertahanan kedua dan koordinasi kerja dengan
   Internal Audit (SKAI) sebagai lini pertahanan ketiga.

   Risiko hukum                                                  Legal risk

   Risiko hukum adalah risiko akibat tuntutan hukum              Legal risk is the risk related to legal claims and/or
   dan/atau kelemahan aspek yuridis. Kelemahan                   weaknesses in the juridical aspect. Such
   aspek yuridis tersebut antara lain disebabkan                 weaknesses in legal aspect is caused, among
   adanya ketiadaan peraturan perundang-undangan                 others, by the lack of the supporting legislation or the
   yang mendukung atau kelemahan perikatan seperti               weaknesses of contracts such as incomplete
   tidak dipenuhinya syarat sahnya kontrak dan                   requirements for a valid contract and imperfect
   pengikatan dokumen yang tidak sempurna.                       document contract.

   Sebagai sebuah perusahaan yang berdiri dalam                  As an entity which is governed by the laws of the
   yuridiksi hukum Indonesia, Bank harus selalu tunduk           Republic of Indonesia, the Bank should always
   terhadap segala peraturan hukum yang dikeluarkan              comply with all such laws and regulations issued by
   oleh regulator industri perbankan di Indonesia.               the regulator in the banking industry in Indonesia. In
   Selain itu, Bank juga harus mengikuti segala bentuk           addition, the Bank should also follow all prevailing
   peraturan perundangan yang berlaku di masyarakat              rules and regulations in the society whether directly
   baik yang terkait secara langsung maupun tidak                or indirectly related with the business activities
   langsung dengan kegiatan usaha Bank. Kegagalan                conducted by the Bank. Failure by the Bank to
   Bank dalam mengikuti peraturan hukum yang                     comply with such prevailing laws and regulations
   berlaku dapat mengakibatkan pada timbulnya                    may give rise to legal claims against the Bank. If
   tuntutan hukum yang akan ditujukan kepada Bank.               legal claims against the Bank are material in
   Apabila tuntutan-tuntutan hukum yang diajukan                 amounts, then it may directly affect the Bank's
   kepada Bank memiliki nilai yang material, maka hal            financial performance.
   tersebut dapat memberikan dampak secara
   langsung terhadap kinerja keuangan Bank.

   Bank melaksanakan identifikasi risiko hukum                   Bank implements legal risk identification based on
   berdasarkan beberapa faktor-faktor yang meliputi              several factors include lawsuits, lack of rule or law
   tuntutan hukum, tidak adanya peraturan regulasi               that supports the regulation and the weakness of the
   hukum yang mendukung, dan kelemahan perjanjian.               agreement. The Bank performed legal risk control to
   Pengendalian risiko hukum dilakukan Bank dengan               ensure that all activities and working relationships
   memastikan bahwa seluruh kegiatan dan hubungan                with third parties have been based on the rules and
   kerja dengan pihak ketiga telah didasarkan pada               requirements that can protect the Bank’s interests
   aturan maupun persyaratan yang dapat melindungi               from legal terms including the anticipation of
   kepentingan Bank dari segi hukum termasuk                     potential demands from external parties.
   antisipasi terhadap potensi tuntutan dari pihak
   eksternal.




                                                           161
Page 635
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                             45. RISK MANAGEMENT (continued)

   Risiko hukum (lanjutan)                                      Legal risk (continued)

   Untuk memitigasi risiko hukum yang mungkin timbul            To mitigate the possible legal risk caused by legal
   akibat tuntutan hukum atau kelemahan dari aspek              claims or weaknesses in legal aspects, the Bank has
   hukum, Bank memiliki Biro Hukum. Biro tersebut               a General Legal Counsel Bureau. Such division has
   memiliki peranan:                                            the following functions:

   1) melakukan analisis hukum atas produk dan                  1) to provide legal analysis on new product and
      aktivitas baru serta membuat standar dokumen                 activity and prepare standard legal document
      hukum yang terkait dengan produk dan aktivitas               related with such new product and activity;
      baru tersebut;
   2) memberikan analisis/pendapat hukum;                       2) to provide legal analysis/advice;
   3) memberikan pendapat atas eksposur hukum                   3) to provide advice on legal exposure due to
      akibat perubahan ketentuan atau peraturan;                   change of laws or regulations;
   4) memeriksa segala perjanjian yang akan dibuat              4) to review any contracts between the Bank and
      antara Bank dengan pihak ketiga; dan                         third party; and
   5) melakukan pemeriksaan berkala atas perjanjian             5) to conduct a periodical review on contracts
      yang telah dibuat.                                           which have been executed.

   Dengan adanya biro tersebut, maka kebijakan                  Based on the bureau above, legal policy and legal
   hukum dan standar dokumen hukum yang terkait                 document standards related to the product or
   dengan produk atau fasilitas perbankan yang                  banking facilities offered by the Bank to public,
   ditawarkan oleh Bank kepada masyarakat dimana                whereby the legal policy and legal document
   kebijakan hukum dan standar dokumen hukum                    standards are intentionally made in accordance with
   dimaksud dibuat dengan mengacu kepada                        the prevailing laws and regulations also considering
   ketentuan peraturan perundangan yang berlaku                 the interests in the legal aspect of the Bank.
   serta memperhatikan kepentingan aspek hukum dari
   Bank.

   Selain itu, Biro Hukum juga memiliki bagian Litigasi         In addition, the General Legal Counsel Bureau also
   untuk menangani setiap permasalahan hukum yang               has a Litigation division to handle every legal case
   terkait dengan litigasi agar risiko hukum yang               related to litigation so that the possible legal risk can
   mungkin timbul dapat diminimalisir seminimum                 be minimised as minimum as possible.
   mungkin.

   Pengelolaan risiko hukum dilakukan dengan                    The legal risk is also conducted by monitoring the
   memantau perkembangan kasus-kasus hukum yang                 development of legal cases and take lesson learnt
   terjadi dan mengambil pembelajaran dari kasus-               principle from those cases. The management of legal
   kasus tersebut. Penanganan kasus hukum yang                  cases conducted by the Bank is calculating potential
   dilakukan pada Bank senantiasa memperhitungkan               loss at all time.
   potensi kerugian.

   Risiko reputasi                                              Reputation risk

   Risiko reputasi adalah risiko akibat menurunnya              Reputation risk is the risk related to the decreasing
   tingkat kepercayaan stakeholder yang bersumber               level of stakeholder’s confidence arising from the
   dari persepsi negatif terhadap Bank. Risiko ini              negative perception on the Bank. Reputation risk is
   melekat dalam setiap kegiatan yang dilakukan oleh            inherent in every activity conducted by the Bank. The
   Bank. Kegagalan Bank dalam menjaga reputasinya               Bank 's failure to protect its reputation in the public's
   di mata masyarakat dapat menimbulkan pandangan               eye may result in negative view as well as perception
   maupun persepsi negatif masyarakat terhadap                  by the public towards the Bank. If the Bank faces this
   Bank. Apabila risiko ini dihadapi oleh Bank, maka            risk, then in the short run, the Bank may lose the
   dalam waktu singkat dapat terjadi penurunan atau             customer's trust that will ultimately result in a
   hilangnya kepercayaan nasabah terhadap Bank                  negative impact to the Bank 's income and volume of
   yang pada akhirnya akan memberikan dampak                    activities.
   negatif terhadap pendapatan dan volume aktivitas
   Bank.



                                                          162
Page 636
                                                                    The original financial statements included herein are in
                                                                                                      Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                           PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                              As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                             for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                            (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                    Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                             45. RISK MANAGEMENT (continued)

   Risiko reputasi (lanjutan)                                   Reputation risk (continued)

   Risiko reputasi dapat berdampak langsung pada                Reputational risks can have a direct impact on the
   berkurangnya kepercayaan nasabah sehingga                    decreasing of customer confidence as a result the
   jumlah nasabah ataupun pendapatan Bank                       number of customers or the Bank's income
   menurun. Dalam mengelola risiko reputasi, Bank               decreased. In managing reputation risk, the Bank
   berupaya untuk menjaga reputasi dengan                       seeks to maintain a reputation for providing the best
   memberikan pelayanan terbaik dalam menangani                 service to handle complaints and provide satisfaction
   keluhan dan memberikan kepuasan kepada                       to customers to avoid the appearance of such
   nasabah untuk menghindari munculnya keluhan                  complaints in media.
   tersebut di media.

   Corporate Secretary setiap hari melakukan                    The Corporate Secretary performs a daily media
   pengawasan atas pemberitaan media untuk                      monitoring of the news to observe negative
   memantau publikasi negatif atau keluhan nasabah              publications or customer’s complaints which appear
   yang muncul di media. Sedangkan pengawasan                   in the media. The monitoring of customer’s
   atas keluhan nasabah yang disampaikan langsung               complaints which are submitted directly to the Bank
   ke Bank dilakukan oleh Group Quality Service untuk           is performed by the Group Quality Service for follow
   kemudian ditindaklanjuti penyelesaiannya.                    up action to resolve.

   Untuk pemberitaan negatif dan keluhan nasabah                For negative news publication and customer’s
   yang muncul di media selanjutnya dibuatkan                   complaints which appear in the media, a clarification
   klarifikasi dan tanggapan sesuai dengan langkah              and appropriate response will be conducted in
   yang akan ditempuh Bank. Upaya mitigasi risiko               accordance with the steps undertaken by the Bank.
   reputasi juga dilakukan saat Bank meluncurkan                Efforts to mitigate the reputation risk are also
   produk/layanan/program baru dengan menganalisis              undertaken everytime when the Bank launches
   risiko reputasi yang mungkin timbul dan bagaimana            a new product/service/program by analysing the
   mengantisipasi risiko tersebut. Demikian pula, untuk         possibility of reputation risk that may arise and how
   informasi yang material atau yang penting untuk              to anticipate such risk. Moreover, for material or
   diketahui oleh nasabah, Corporate Secretary juga             important information to be known by the customer,
   menyiapkan panduan untuk para frontliner dan                 the Corporate Secretary also prepares guidelines for
   spokespersons agar mereka bisa menjelaskan                   frontliners and spokespersons so that they are able
   informasi tersebut secara benar dan proporsional             to     explain the      information    correctly  and
   kepada nasabah.                                              proportionately to customers.

   Risiko stratejik                                             Strategic risk

   Risiko stratejik adalah risiko akibat ketidaktepatan         Strategic risk is the risk due to inaccuracy in
   dalam pengambilan dan/atau penerapan suatu                   deciding and/or implementing a strategic decision as
   keputusan stratejik serta kegagalan dalam                    well as the failure in anticipating the changes in the
   mengantisipasi perubahan lingkungan bisnis.                  business environment. Failure in formulating the
   Ketidakmampuan        Bank     dalam      melakukan          right strategy may deteriorate the Bank’s business in
   penyusunan strategi yang tepat dapat menimbulkan             the future.
   kegagalan bisnis Bank di masa yang akan datang.

   Risiko ini juga mencakup kemampuan Bank dalam                This risk also includes the Bank's ability to develop
   meningkatkan daya saing dan menciptakan                      its competitiveness and create a Bank’s
   keunggulan kompetitif Bank di tengah kompetisi               competitiveness edge amidst the stiff competition in
   perbankan yang semakin ketat. Ketidakmampuan                 the banking industry. The inability of Bank to cope
   Bank dalam menghadapi tantangan bisnis yang                  with such business challenges which are constantly
   terus mengalami perubahan dari waktu ke waktu                changing from time to time will lead Bank to failure to
   akan mengakibatkan kegagalan bagi Bank untuk                 accomplished determined vision.
   mencapai visi yang selama ini telah ditetapkan.




                                                          163
Page 637
                                                                   The original financial statements included herein are in
                                                                                                     Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                          PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                              NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                             As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                            for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                           (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                   Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                            45. RISK MANAGEMENT (continued)

   Risiko reputasi (lanjutan)                                  Reputation risk (continued)

   Bank mengelola risiko stratejik melalui proses              The Bank manages strategic risks through
   pertimbangan dan pengambilan keputusan secara               a comprehensive and collective consideration and
   komprehensif dan kolektif di lingkungan komite-             decision-making processes encompassing areas of
   komite pengawasan dan eksekutif, yang turut                 the supervisory and executive committee that
   mempengaruhi dan berdampak pada langkah-                    influence and impact business decisions on policies
   langkah bisnis yang akan diambil dalam kerangka             and directions that the Bank will embark on.
   kebijakan dan arah yang telah ditetapkan oleh Bank.

   Risiko kepatuhan                                            Compliance risk

   Risiko kepatuhan merupakan risiko akibat Bank               Compliance risk is the risks resulting from the failure
   tidak mematuhi dan/atau tidak melaksanakan                  of the Bank in fulfilling and/or implementing the
   peraturan perundang-undangan dan ketentuan yang             prevailing laws and regulations. In engaging in the
   berlaku. Dalam menjalankan kegiatan usaha pada              banking industry services, the Bank is required to
   industri Perbankan, Bank diwajibkan untuk selalu            always comply with the banking regulations issued
   tunduk terhadap peraturan perbankan yang                    by the Government, Central Bank and Financial
   diterbitkan baik oleh Pemerintah, Bank Indonesia            Services Authority (OJK).
   maupun Otoritas Jasa Keuangan (OJK).

   Pada umumnya, risiko kepatuhan melekat pada                 In general, the compliance risk is embedded in the
   Bank sebagai sebuah lembaga perbankan, seperti:             Bank as a banking institution, such as: credit risks
   risiko kredit terkait dengan ketentuan Kewajiban            related to Capital Adequacy Ratio (CAR) regulations;
   Penyediaan Modal Minimum (KPMM); Penilaian                  Assessment of Assets Quality; Allowance for
   Kualitas Aset; Pembentukan Cadangan Kerugian                Impairment Losses (CKPN); Legal Lending Limit
   Penurunan Nilai (CKPN); Batas Maksimum                      (LLL); Good Corporate Governance (GCG) and
   Pemberian Kredit (BMPK); penerapan tata kelola              other risks related to certain regulations including
   yang baik (GCG) dan risiko lain yang terkait dengan         OJK and Central Bank relevant regulations. The
   ketentuan tertentu termasuk peraturan OJK dan               inability of the Bank to follow and comply with all
   Bank Indonesia yang relevan. Ketidakmampuan                 laws and regulations related to the Bank's business
   Bank untuk mengikuti dan mematuhi seluruh                   activities may affect the continuity of the Bank's
   peraturan perundangan yang terkait dengan                   operation.
   kegiatan usaha Bank dapat berdampak terhadap
   kelangsungan usaha Bank.

   Risiko kepatuhan dapat bersumber dari perilaku              Compliance risk may arise from legal behavior,
   hukum, yaitu perilaku atau aktivitas Bank yang              which is the Bank’s behavior or activity that deviates
   menyimpang atau melanggar dari ketentuan                    from or violates the provisions and/or laws and
   dan/atau peraturan perundang-undangan serta                 regulations, as well as organizational behavior,
   perilaku organisasi, yaitu perilaku atau aktivitas          which is the Bank’s behavior or activity that deviates
   Bank yang menyimpang atau bertentangan dari                 from or in contrary to the generally accepted
   standar yang berlaku secara umum.                           standards.

   Wujud penerapan manajemen risiko kepatuhan                  The      implementation    of    compliance       risk
   antara lain dengan mewujudkan terlaksananya                 management, among others, is by achieving the
   budaya kepatuhan pada seluruh kegiatan usaha                implementation of compliance culture at all of the
   Bank di setiap jenjang organisasi, menilai dan              Bank’s business activities at every organizational
   mengevaluasi      kecukupan,    dan    kesesuaian           level, assessing and evaluating the adequacy and
   kebijakan, ketentuan, sistem maupun prosedur yang           conformity of the Bank’s policies, regulations,
   dimiliki oleh Bank dengan ketentuan dan peraturan           systems, and procedures against the applicable
   yang berlaku, memantau atas pelaksanaan prinsip             provisions and regulations, monitoring the
   kehati-hatian Bank.                                         implementation of the Bank’s prudential principles.




                                                         164
Page 638
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


45. MANAJEMEN RISIKO (lanjutan)                               45. RISK MANAGEMENT (continued)

   Risiko kepatuhan (lanjutan)                                    Compliance risk (continued)

   Bank melakukan identifikasi dan pengelolaan risiko             The Bank implements early detection and
   kepatuhan sejak awal dengan memberikan bantuan                 management of compliance risks by providing
   kepada unit bisnis dan unit operasional dalam hal              assistance to business and operational units and
   pengembangan produk dan aktivitas baru dan                     new product and new activity and also evaluated the
   secara aktif melakukan penilaian terhadap kebijakan            Bank's Guidelines and Procedures to ensure that all
   Pedoman dan Prosedur Internal yang dimiliki oleh               external regulations have been accommodated and
   Bank untuk memastikan bahwa seluruh peraturan                  implemented correctly.
   eksternal telah diakomodir sedemikian rupa dan
   selanjutnya untuk dipatuhi dalam pelaksanaannya.


46. NILAI WAJAR INSTRUMEN KEUANGAN                            46. FAIR VALUE OF FINANCIAL INSTRUMENTS

   Aset dan liabilitas keuangan yang diukur pada nilai            The financial assets and liabilities measured at fair
   wajar menggunakan hierarki nilai wajar sebagai                 value use the following fair value hierarchy:
   berikut:

   i.    Tingkat 1: input yang berasal dari harga                 i.     Level 1: inputs that are quoted prices
         kuotasian (tanpa penyesuaian) di pasar aktif                    (unadjusted) in active markets for identical
         untuk instrumen yang identik yang dapat                         instruments that the Bank can access at the
         diakses Bank pada tanggal pengukuran.                           measurement date.

   ii.   Tingkat 2: input selain harga kuotasian yang             ii.    Level 2: inputs other than quoted prices included
         termasuk dalam level 1 yang dapat diobservasi,                  within level 1 that are observable either directly
         baik secara langsung atau tidak langsung.                       or indirectly. This category includes instruments
         Dalam kategori ini termasuk instrumen yang                      valued using: quoted market prices in active
         dinilai dengan menggunakan: harga kuotasian                     markets for similar instruments; quoted market
         untuk instrumen yang serupa di pasar aktif;                     prices in active markets for similar instruments;
         harga kuotasian untuk instrumen yang identik                    quoted prices for identical or similar instruments
         atau yang serupa di pasar yang tidak aktif; atau                in markets that are not active; or other valuation
         teknik penilaian lainnya dimana seluruh input                   techniques in which all significant inputs are
         signifikan dapat diobservasi secara langsung                    directly or indirectly observable from market
         maupun tidak langsung dari data pasar.                          data.

   iii. Tingkat 3: input yang tidak dapat diobservasi.            iii. Level 3: inputs that are unobservable. This
        Dalam kategori ini termasuk semua instrumen                    category includes all instruments for which the
        dimana teknik penilaian menggunakan input                      valuation technique includes inputs not based on
        yang tidak dapat diobservasi dan input yang                    observable data and the unobservable inputs
        tidak dapat diobservasi ini memberikan dampak                  have a significant effect on the instrument’s
        signifikan terhadap penilaian        instrumen.                valuation. This category includes instruments
        Termasuk dalam kategori ini adalah instrumen                   that are valued based on quoted prices for
        yang dinilai berdasarkan harga kuotasian untuk                 similar instruments for which significant
        instrumen      serupa      yang    memerlukan                  unobservable adjustments or assumptions are
        penyesuaian atau asumsi signifikan yang tidak                  required to reflect differences between the
        dapat     diobservasi   untuk   mencerminkan                   instruments.
        perbedaan diantara instrumen tersebut.




                                                            165
Page 639
                                                                                  The original financial statements included herein are in
                                                                                                                    Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                         PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                            As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                           for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                          (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)


46. NILAI     WAJAR          INSTRUMEN           KEUANGAN                46. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                               (continued)

    Tabel berikut menyajikan instrumen keuangan Bank                        The following table presents the Bank’s financial
    yang diukur sebesar nilai wajar:                                        instruments that are measured at fair value:
                                                       31 Desember/ December 31, 2023
                                        Tingkat 1/        Tingkat 2/    Tingkat 3/            Jumlah/
                                         Level 1           Level 2       Level 3               Total
   Aset keuangan                                                                                                              Financial assets
     Efek-efek                         1.328.291.579    1.097.502.547                  -   2.425.794.126                Marketable securities
     Penyertaan saham                              -                -                0*)              0*)               Investment in shares

   Jumlah                              1.328.291.579    1.097.502.547                  -   2.425.794.126                                    Total
    *) nilai wajar saham PT Bima Multi Finance adalah sebesar Rp1            *) fair value of shares in PT Bima Multi Finance are Rp1 (in full amount)
       (dalam nilai penuh)

                                                       31 Desember/ December 31, 2022
                                        Tingkat 1/        Tingkat 2/    Tingkat 3/            Jumlah/
                                         Level 1           Level 2       Level 3               Total

   Aset keuangan                                                                                                              Financial assets
     Efek-efek                           593.209.954    1.565.738.441                -     2.158.948.395                Marketable securities
     Penyertaan saham                              -                -       31.877.279        31.877.279                Investment in shares

   Jumlah                                593.209.954    1.565.738.441       31.877.279     2.190.825.674                                    Total

   Tidak terdapat perpindahan antara tingkat 1 dan                          There is no transfer between level 1 and level 2 of
   tingkat 2 hierarki nilai wajar.                                          fair value hierarchy.

   Tabel berikut ini menyajikan perubahan pada                              The following table presents the changes in Bank’s
   instrumen keuangan Bank yang diukur dengan                               financial instruments measured at level 3 - fair value
   tingkat 3 - hierarki nilai wajar untuk tahun yang                        hierarchy for the year ended December 31, 2023
   berakhir pada 31 Desember 2023 dan 2022.                                 and 2022.

                                                       31 Desember/December 31, 2023
                                                                       Kerugian yang
                                                                         diakui pada
                                                                          laba rugi/
                                        Saldo awal/                         Loss
                                        Beginning       Penambahan/    recognised in           Jumlah/
                                         balance          Additions     profit or loss          Total

   Aset keuangan                                                                                                              Financial assets
     Penyertaan saham                     31.877.279                 -     (31.877.279)                    -            Investment in shares

                                                       31 Desember/December 31, 2022
                                                                       Kerugian yang
                                                                         diakui pada
                                                                          laba rugi/
                                        Saldo awal/                         Loss
                                        Beginning       Penambahan/    recognised in           Jumlah/
                                         balance          Additions     profit or loss          Total

   Aset keuangan                                                                                                              Financial assets
     Penyertaan saham                     34.886.943                 -      (3.009.664)        31.877.279               Investment in shares


   Pada tanggal 31 Desember 2023, Bank melakukan                            As of December 31, 2023, the Bank reassessed the
   penilaian kembali atas nilai pasar 100% Ekuitas                          market value of 100% Equity of PT Bima Multi
   PT Bima Multi Finance. Berdasarkan laporan dari                          Finance. Based on Independent Appraisal report
   penilai Independen KJPP Tri, Santi dan Rekan yang                        from the independent appraiser KJPP Tri, Santi and
   ditandatangani oleh Santi Dewiyani, MAPPI (Cert.)                        Associates signed by Santi Dewiyani, MAPPI (Cert.)
   pada tanggal 8 Desember 2023. Nilai wajar dari                           on December 8, 2023. The fair value of the
   penyertaan       saham     sementara    ditentukan                       temporary share investment was determined using
   menggunakan laporan keuangan per 30 September                            the financial statements as of September 30, 2023
   2023 dengan pendekatan aset metode Adjusted                              with an asset approach using the Adjusted Book
   Book Value (ABV) dan asumsi tingkat diskon                               Value (ABV) method and assumption the discount
   likuiditas pasar sebesar 30%.                                            for lack of marketability of 30%.

                                                                    166
Page 640
                                                                        The original financial statements included herein are in
                                                                                                          Indonesian language.

        PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
         CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
          Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
       Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
            (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
                Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


46. NILAI     WAJAR         INSTRUMEN       KEUANGAN           46. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                     (continued)

   Pada tanggal 31 Desember 2022 nilai wajar dari                  As of December 31, 2022 the fair value of of
   penyertaan saham sementara di PT Bima                           temporary        investment    in      shares      in
   Multi Finance ditentukan dengan menggunakan                     PT Bima Multi Finance is determined using a
   model arus kas yang didiskontokan dengan tingkat                discounted cash flow model with a discount rate of
   diskonto sebesar 11,15% dan 7,65% yang                          11.15% and 7.65% generated through analysis of
   dihasilkan melalui analisa atas kinerja historis pada           historical performance in the period of 2014 - 2021
   periode tahun 2014 - 2021 serta proyeksi kinerja                and the performance projections made by the
   yang dibuat oleh Manajemen PT Bima Multi Finance                Management of PT Bima Multi Finance for the period
   untuk periode tahun 2022 - 2027 berdasarkan                     2022 - 2027 based on adjusted future business
   rencana bisnis untuk masa yang akan datang yang                 plans to generate net cash flow for the period 2022 -
   telah disesuaikan untuk menghasilkan arus kas                   2027.
   bersih untuk periode tahun 2022 - 2027.

   Tabel berikut merangkum informasi kuantitatif                   The following table summarises the quantitative
   mengenai asumsi signifikan yang tidak dapat                     information about the significant unobservable
   diobservasi (tingkat 3) yang digunakan dalam                    assumptions (level 3) used in the fair value
   pengukuran nilai wajar penyertaan saham                         measurements of temporary investment in shares in
   sementara pada PT Bima Multi Finance.                           PT Bima Multi Finance.

                                                Rentang Input/Range of Input
                                               31 Desember/December 31, 2022

   Tingkat diskonto                                          11,15%                                                Discount rate
   Tingkat diskon likuiditas pasar                            0,00%                            Discount for lack of marketability
   Suku bunga kontraktual                                    40,00%                                    Contractual interest rate
   Rata-rata pembiayaan per unit                            Rp10.443                                 Average financing per unit
   Rata-rata tertimbang kenaikan                                                                           Weighted average of
      Penjualan per tahun                                   17,70%                                increment in sales per year
   Tingkat kolektibilitas angsuran                      72,00%-91,00%                             Collection rate for installment

    Input utama tingkat 3 yang digunakan oleh Bank                 The main level 3 inputs used by the Bank are
    didapatkan dan dievaluasi sebagai berikut:                     derived and evaluated as follows:

        Tingkat diskonto ditentukan menggunakan                       Discount rate is determined using cost of equity.
         biaya ekuitas. Semakin tinggi nilai diskonto,                  The higher the discount rate, the lower the fair
         semakin rendah nilai wajar.                                    value.
        Tingkat diskon likuiditas pasar adalah suatu                  The discount for lack of marketability is a certain
         jumlah atau persentase tertentu yang                           amount or percentage which is a deduction
         merupakan pengurang dari nilai suatu ekuitas                   from the value of an equity as a reflection of the
         sebagai cerminan dari kurangnya likuiditas                     lack of liquidity of the valued bbject. The higher
         objek penilaian. Semakin tinggi nilai diskon                   the discount for lack of marketability, the lower
         likuiditas pasar, semakin rendah nilai wajar.                  the fair value.
        Suku bunga kontraktual adalah suku bunga                      Contractual interest rate is the interest rate
         yang tercatat pada kontrak pembiayaan                          recorded in the financing contract of PT Bima
         PT Bima Multi Finance. Semakin tinggi nilai                    Multi Finance. The higher the contractual
         suku bunga kontraktual, semakin tinggi nilai                   interest rate, the higher the fair value.
         wajar.
        Rata-rata pembiayaan per unit adalah rata-rata                Average financing per unit is the average value
         nilai kontrak pembiayaan di PT Bima Multi                      of the financing contract at PT Bima Multi
         Finance. Semakin tinggi nilai rata-rata                        Finance. The higher the average value of
         pembiayaan per unit, semakin tinggi nilai wajar.               financing per unit, the higher the fair value.




                                                            167
Page 641
                                                                           The original financial statements included herein are in
                                                                                                             Indonesian language.

        PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
         CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
          Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
       Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
            (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
                Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


46. NILAI     WAJAR            INSTRUMEN    KEUANGAN              46. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                        (continued)

    Input utama tingkat 3 yang digunakan oleh Bank                   The main level 3 inputs used by the Bank are
    didapatkan dan dievaluasi sebagai berikut:                       derived and evaluated as follows: (continued)
    (lanjutan)
        Rata-rata tertimbang kenaikan penjualan per                      The weighted average sales increase per year
         tahun ditentukan berdasarkan kinerja historis                     is determined based on historical performance
         pada periode tahun 2014 - 2021 serta proyeksi                     in the period 2014 - 2021 and the performance
         kinerja yang dibuat oleh Manajemen PT Bima                        projections made by the Management of
         Multi Finance untuk periode tahun 2022 - 2027                     PT Bima Multi Finance for the period 2022 -
         berdasarkan rencana bisnis untuk masa yang                        2027 based on future business plans. The
         akan datang. Semakin tinggi nilai rata-rata                       higher the weighted average value of sales
         tertimbang kenaikan penjualan per tahun,                          increases per year, the higher the fair value.
         semakin tinggi nilai wajar.
        Tingkat kolektibilitas angsuran ditentukan                       The installment collectibility level is determined
         berdasarkan kinerja historis pada periode tahun                   based on historical performance in the period
         2014 - 2021 serta proyeksi kinerja yang dibuat                    2014 - 2021 and performance projections made
         oleh Manajemen PT Bima Multi Finance untuk                        by the Management of PT Bima Multi Finance
         periode tahun 2022 - 2027 berdasarkan                             for the period 2022 - 2027 based on future
         rencana bisnis untuk masa yang akan datang.                       business plans. The higher the installment rate,
         Semakin tinggi tingkat kolektibilitas angsuran,                   the higher the fair value.
         semakin tinggi nilai wajar.
   Tabel di bawah ini menyajikan perbandingan antara                 The table below summarises the comparison
   nilai tercatat dan nilai wajar dari aset dan liabilitas           between the carrying amounts and fair values of all
   keuangan yang tidak diukur pada nilai wajar. Nilai                financial assets and liabilities except those
   wajar yang diungkapkan adalah berdasarkan                         measured at fair value. The fair values disclosed are
   informasi relevan yang tersedia pada tanggal                      based on relevant information available as of
   31 Desember 2023 dan 2022, dan tidak                              December 31, 2023 and 2022, and are not updated
   diperbaharui untuk mencerminkan perubahan dalam                   to reflect changes in market conditions which have
   kondisi pasar yang telah terjadi setelah tanggal ini.             occurred after these dates.

                                               31 Desember/December 31, 2023
                                                Nilai tercatat/      Nilai wajar/
                                               Carrying value        Fair value
   Aset Keuangan                                                                                                  Financial Assets
   Kas                                               92.820.864             92.820.864                                        Cash
   Giro pada Bank Indonesia                       1.493.076.850          1.493.076.850      Current accounts with Bank Indonesia
   Giro pada bank lain                              296.297.193            296.297.193         Current accounts with other banks
   Penempatan pada Bank Indonesia                                                            Placements with Bank Indonesia and
     dan bank lain - bersih                         915.368.748            915.368.748                         other banks - net
   Efek-efek - bersih                             3.851.497.641          3.856.960.471                  Marketable securities - net
   Efek-efek yang dibeli dengan                                                                        Securities purchased under
     janji dijual kembali - bersih                  636.732.554           633.930.554                        resale agreements
   Pendapatan bunga dan syariah                                                                                 Interest and sharia
     yang masih akan diterima                       368.407.923           368.407.923                       income receivables
   Pinjaman yang diberikan, pembiayaan                                                                                Loans, sharia
     dan piutang kembali - bersih                18.053.870.975      18.043.073.004              financing and receivables - net
   Tagihan akseptasi                                 12.474.839          12.474.839                       Acceptance receivables
   Aset lain-lain                                    23.076.537          23.076.537                                    Other assets

   Jumlah aset keuangan                          25.743.624.124      25.735.486.983                         Total financial assets

   Liabilitas Keuangan                                                                                       Financial Liabilities
   Simpanan nasabah                              22.429.180.492      22.429.180.492                      Deposits from customers
   Simpanan dari bank lain                        1.104.803.359       1.104.803.359                    Deposits from other banks
   Efek-efek yang diterbitkan                     1.347.639.528       1.382.811.890                             Securities issued
   Efek-efek yang dijual                                                                                           Securities sold
    dengan janji dibeli kembali                     643.266.730           643.266.730             under repurchase agreement
   Utang akseptasi                                   11.959.811            11.959.811                      Acceptance payables
   Akrual dan liabilitas lain-lain                  160.229.698           160.229.698                Accruals and other liabilities
   Jumlah liabilitas keuangan                    25.697.079.618      25.732.251.980                       Total financial liabilities
                                                             168
Page 642
                                                                              The original financial statements included herein are in
                                                                                                                Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                      PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                         As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                        for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                       (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


46. NILAI     WAJAR            INSTRUMEN       KEUANGAN              46. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                           (continued)

                                                   31 Desember/December 31, 2022
                                                   Nilai tercatat/      Nilai wajar/
                                                  Carrying value        Fair value
   Aset Keuangan                                                                                                     Financial Assets
   Kas                                                   51.897.124         51.897.124                                           Cash
   Giro pada Bank Indonesia                           1.506.565.848      1.506.565.848         Current accounts with Bank Indonesia
   Giro pada bank lain                                  228.384.427        228.384.427            Current accounts with other banks
   Penempatan pada Bank Indonesia                                                               Placements with Bank Indonesia and
     dan bank lain - bersih                             858.327.515        858.327.515                            other banks - net
   Efek-efek - bersih                                 2.650.742.054      2.349.677.241                     Marketable securities - net
   Efek-efek yang dibeli dengan                                                                           Securities purchased under
     janji dijual kembali - bersih                      839.432.375          831.423.125                        resale agreements
   Pendapatan bunga dan syariah                                                                                    Interest and sharia
     yang masih akan diterima                           391.679.779          391.679.779                        income receivables
   Pinjaman yang diberikan, pembiayaan                                                                                   Loans, sharia
     dan piutang kembali - bersih                    15.286.492.840     15.241.740.231              financing and receivables - net
   Tagihan akseptasi                                      7.754.446          7.754.446                       Acceptance receivables
   Aset lain-lain                                        29.246.923         29.246.923                                    Other assets

   Jumlah aset keuangan                             21.850.523.331      21.496.696.659                         Total financial assets

   Liabilitas Keuangan                                                                                          Financial Liabilities
   Simpanan nasabah                                 19.371.837.637      19.371.837.637                      Deposits from customers
   Simpanan dari bank lain                           1.334.952.620       1.334.952.620                    Deposits from other banks
   Efek-efek yang diterbitkan                        1.051.903.552       1.072.026.260                             Securities issued
   Efek-efek yang dijual                                                                                              Securities sold
    dengan janji dibeli kembali                         240.865.160          240.865.160             under repurchase agreement
   Akrual dan liabilitas lain-lain                      127.766.009          127.766.009                Accruals and other liabilities
   Jumlah liabilitas keuangan                       22.127.324.978      22.147.447.686                       Total financial liabilities

   Metode dan asumsi yang digunakan untuk estimasi                      The methods and assumptions used to estimate fair
   nilai wajar adalah sebagai berikut:                                  value are as follows:

   a.   Efek-efek                                                       a.    Marketable securities

        Nilai wajar untuk efek-efek yang diukur pada                          The fair value for securities measured at
        biaya     perolehan       diamortisasi     ditetapkan                 amortised cost is based on market prices or
        berdasarkan harga pasar atau harga kuotasi                            broker/dealer price quotations (level 1 - fair
        perantara (broker)/pedagang efek (dealer)                             value hierarchy). Where this information is not
        (tingkat 1 - hierarki nilai wajar). Jika informasi ini                available, fair value is estimated using quoted
        tidak tersedia, nilai wajar diestimasi dengan                         market prices for securities with similar credit,
        menggunakan harga pasar kuotasi efek yang                             maturity and yield characteristics (level 2 - fair
        memiliki karakteristik kredit, jatuh tempo dan                        value hierarchy).
        yield yang serupa (tingkat 2 - hierarki nilai
        wajar).

   b.   Pinjaman yang diberikan                                         b.    Loans

        Pinjaman        yang   diberikan     dinyatakan                       Loans are recorded at carrying amount net of
        berdasarkan jumlah nilai tercatat setelah                             charges for impairment. The estimated fair value
        dikurangi oleh beban penurunan nilai. Estimasi                        of loans represents the discounted amount of
        nilai wajar dari pinjaman yang diberikan                              estimated future cash flows expected to be
        mencerminkan jumlah diskonto dari estimasi                            received. Estimated cash flows are discounted
        kini dari arus kas masa depan yang diharapkan                         at current market rates to determine fair value
        akan diterima. Arus kas yang diharapkan                               (level 3 - fair value hierarchy).
        didiskontokan pada tingkat suku bunga pasar
        terkini untuk menentukan nilai wajar (tingkat 3 -
        hierarki nilai wajar).


                                                                 169
Page 643
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


46. NILAI     WAJAR       INSTRUMEN         KEUANGAN           46. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                     (continued)

   Metode dan asumsi yang digunakan untuk estimasi                 The methods and assumptions used to estimate fair
   nilai wajar adalah sebagai berikut: (lanjutan)                  value are as follows: (continued)

   c.   Efek-efek yang diterbitkan                                 c.    Securities issued

        Nilai wajar untuk efek-efek yang diukur pada                     The fair value for securities issued measured at
        biaya    perolehan    diamortisasi      ditetapkan               amortised cost based on market prices or
        berdasarkan harga pasar atau harga kuotasi                       broker/dealer price quotations (level 1 - fair
        perantara (broker)/pedagang efek (dealer)                        value hierarchy). The aggregate fair values are
        (tingkat 1 - hierarki nilai wajar). Nilai wajar                  calculated based on quoted market prices. For
        agregat dihitung berdasarkan harga pasar                         those notes where quoted market prices are not
        kuotasi. Jika informasi ini tidak tersedia, model                available, a discounted cash flow model is used
        diskonto arus kas digunakan berdasarkan kurva                    based on a current yield curve appropriate for
        yield terkini yang sesuai dengan sisa periode                    the remaining term to maturity (level 2 - fair
        jatuh temponya (tingkat 2 - hierarki nilai wajar).               value hierarchy).

   d.   Sebagian besar dari instrumen keuangan yang                d.    Majority of the financial instrument not measured
        tidak diukur pada nilai wajar, diukur pada biaya                 at fair value are measured at amortised cost.
        perolehan diamortisasi. Berikut daftar instrumen                 The following are financial instruments for which
        keuangan yang nilai tercatatnya mendekati nilai                  their    carrying    amount      are   reasonable
        wajarnya, contohnya, instrumen keuangan                          approximation of fair value because, for
        jangka pendek atau yang ditinjau ulang                           example, they are short term in nature or re-
        menggunakan harga pasar secara berkala.                          price to current market rates frequently.

        Aset Keuangan:                                                   Financial Assets:
        -   Kas                                                          -   Cash
        -   Giro pada Bank Indonesia                                     -   Current accounts with Bank Indonesia
        -   Giro pada bank lain                                          -   Current accounts with other banks
        -   Penempatan pada Bank Indonesia dan                           -   Placement with Bank Indonesia and other
            bank lain                                                        banks
        -   Pendapatan bunga dan syariah yang masih                      -   Interest and sharia income receivables
            akan diterima
        -   Tagihan akseptasi                                            -    Acceptance receivables
        -   Aset lain-lain                                               -    Other assets

        Liabilitas Keuangan:                                             Financial Liabilities:
        -   Simpanan nasabah                                             -   Deposits from customers
        -   Simpanan dari bank lain                                      -   Deposits from other banks
        -   Efek-efek yang dijual dengan janji dibeli                    -   Securities     sold   under            repurchase
            kembali                                                          agreements
        -   Utang akseptasi                                              -   Acceptance payable
        -   Akrual dan liabilitas lain-lain                              -   Accrued and other liabilities


47. MANAJEMEN MODAL                                            47. CAPITAL MANAGEMENT

   Tujuan utama dari kebijakan Bank atas kebijakan                 The primary objectives of the Bank's capital
   pengelolaan modal adalah untuk memastikan                       management policy are to ensure that the Bank has
   bahwa Bank memiliki modal yang kuat untuk                       a strong capital to support the Bank's business
   mendukung strategi pengembangan ekspansi usaha                  expansion strategy currently to sustain future
   Bank saat ini dan mempertahankan kelangsungan                   development of the business, to meet regulator
   pengembangan di masa mendatang, dan untuk                       capital adequacy requirements and also to ensure
   memenuhi ketentuan kecukupan permodalan yang                    the efficiency of Bank's capital structure.
   ditetapkan oleh regulator serta memastikan agar
   struktur permodalan Bank telah efisien.




                                                             170
Page 644
                                                                      The original financial statements included herein are in
                                                                                                        Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                             PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                               for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                              (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


47. MANAJEMEN MODAL (lanjutan)                                47. CAPITAL MANAGEMENT (continued)

   Bank menyusun Rencana Permodalan berdasarkan                   The Bank undertakes Capital Planning based on
   penilaian dari penelaahan atas kebutuhan                       assessment and review of the capital situation in
   kecukupan permodalan yang dipersyaratkan dan                   terms of the legal capital adequacy requirement,
   mengkombinasikannya         dengan       tinjauan              combined with assessment of economic outlooks.
   perkembangan ekonomi terkini. Bank senantiasa                  The Bank will continue to link financial and capital
   akan menghubungkan tujuan keuangan dan                         adequacy goals to risk appetite through the capital
   kecukupan modal terhadap risiko melalui proses                 planning process as well as assess the businesses
   perencanaan modal, begitu pula dengan bisnis yang              based on the Bank's capital and liquidity
   didasarkan pada permodalan dan persyaratan                     requirements.
   likuiditas Bank.

   Kebutuhan permodalan Bank juga direncanakan                    The capital needs of the Bank are also discussed
   dan didiskusikan secara rutin yang didukung dengan             and planned on a routine basis as supported by data
   data analisis.                                                 analysis.

   Permodalan disusun oleh Direksi sebagai bagian                 Capital Planning is prepared by Directors as part of
   dari Rencana Bisnis Bank dan disetujui oleh Dewan              the Bank's business plan and is approved by the
   Komisaris. Perencanaan ini diharapkan akan                     Board of Commissioners. Capital Planning ensures
   memastikan tersedianya modal yang cukup dan                    that adequate levels of capital and an optimum mix
   terciptanya struktur permodalan yang optimal untuk             of the different components of capital are maintained
   mendukung strategi Bank.                                       to support the Bank's strategy.

   Bank telah melakukan perhitungan kecukupan                     The Bank calculated its capital adequacy
   modal berdasarkan ketentuan Bank Indonesia yang                requirements using the prevailing Bank Indonesia
   berlaku, dimana modal yang dimiliki diklasifikasikan           regulation, where the regulatory capital is classified
   dalam 2 Tier yaitu Modal Tier I dan Modal Tier II.             into 2 Tiers, mainly Tier I Capital and Tier II Capital.

   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).

   Kewajiban penyediaan modal Bank dengan                         The Bank's capital adequacy ratio with consideration
   memperhitungkan risiko kredit, risiko operasional              for credit, operational and market risks:
   dan risiko pasar:
                                              31 Desember/December 31,

                                               2023                2022

   Modal inti (Tier I)                       3.287.238.228       3.201.440.267                          Core Capital (Tier I)
   Modal pelengkap (Tier II)                   532.853.302         674.675.196                 Supplementary Capital (Tier II)
   Jumlah Modal                              3.820.091.530       3.876.115.463                                   Total Capital

   Aset Tertimbang Menurut Risiko                                                                   Risk Weighted Assets for
     untuk Risiko Kredit                    16.999.048.864      16.177.645.218                                   Credit Risk
   Aset Tertimbang Menurut Risiko                                                                   Risk Weighted Assets for
     untuk Risiko Operasional                1.466.732.341        984.238.535                             Operational Risk
   Aset Tertimbang Menurut Risiko                                                                   Risk Weighted Assets for
     untuk Risiko Pasar                       685.118.902         478.131.085                                   Market Risk
   Rasio Kewajiban Penyediaan                                                                         Capital Adequacy Ratio
     Modal Minimum untuk risiko                                                                      (CAR) with credit and
     kredit dan risiko operasional                 20,69%              22,59%                             operational risks
   Rasio Kewajiban Penyediaan                                                                         Capital Adequacy Ratio
     Modal Minimum untuk risiko kredit,                                                       (CAR) with credit, operational
     risiko operasional dan risiko pasar           19,95%              21,97%                             and market risks
   Rasio Kewajiban Penyediaan                                                                    Minimum Capital Adequacy
     Modal Minimum yang diwajibkan                    8,00%               8,00%                              Ratio required



                                                          171
Page 645
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

      PT BANK VICTORIA INTERNATIONAL Tbk                               PT BANK VICTORIA INTERNATIONAL Tbk
       CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
        Tanggal 31 Desember 2023 dan untuk                                  As of December 31, 2023 and
     Tahun yang Berakhir pada Tanggal Tersebut                                 for the Year Then Ended
          (Disajikan dalam Ribuan Rupiah,                                (Expressed in Thousands of Rupiah,
              Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


48. DIVESTASI ANAK PERUSAHAAN                                48. DIVESTMENT OF SUBSIDIARY

    Di bulan Desember 2022, Bank telah melakukan                    In December 2022, Bank has divested 80%
    divestasi atas 80% kepemilikan di entitas anak,                 ownership in subsidiary, PT Bank Victoria Syariah
    PT Bank Victoria Syariah atau sebanyak                          which was equivalent to 288,000,000 shares to
    288.000.000 lembar saham kepada PT Victoria                     PT Victoria Investama Tbk (majority shareholder) with
    Investama Tbk (pemegang saham utama) dengan                     selling price equivalent to the nominal value of
    harga jual sebesar nilai nominal saham dari entitas             investment in the subsidiary amounted to
    anak tersebut yaitu sebesar Rp288.000.000.                      Rp288,000,000.

    Nilai tercatat investasi pada entitas anak adalah               Carrying amount of investment in subsidiary
    sebesar Rp288.968.382 dan rugi dari divestasi                   amounted to Rp288,968,382 and loss from
    sebesar Rp968.382 dicatat di akun tambahan modal                divestment of Rp968,382 was recorded in additional
    disetor. Transaksi divestasi ini merupakan transaksi            paid-in capital account. This divestment was business
    kombinasi bisnis entitas sepengendali, oleh karena              combination transaction between entities under
    itu dicatat sesuai dengan PSAK 38 “Kombinasi                    common control, therefore it was recorded in
    Bisnis Entitas Sepengendali”. Setelah divestasi,                accordance with SFAS 38 “Business Combination
    kepemilikan Bank di PT Bank Victoria Syariah                    Under Common Control Entities”. After divestment,
    adalah 19,81% dan Bank memiliki pengaruh                        Bank’s ownership in PT Bank Victoria Syariah is
    signifikan, oleh karena itu investasi di PT Bank                19.81% and Bank has significant influence, therefore
    Victoria Syariah dicatat dengan metode ekuitas.                 the investment in PT Bank Victoria Syariah is
                                                                    recognized using equity method.

    Pada tanggal 22 Desember 2022, Bank telah                       On December 22, 2022, the Bank has received
    mendapatkan persetujuan dari OJK atas divestasi                 approval from Financial Service Authority (OJK) for
    tersebut melalui surat No. S-301/PB.101/2022                    the divestment through letter No. S-301/PB.101/2022
    tertanggal 22 Desember 2022. Sejak tanggal                      dated December 22, 2022. Since December 23,
    23 Desember 2022, PT Bank Victoria Syariah tidak                2022, PT Bank Victoria Syariah is no longer
    lagi dikonsolidasikan ke dalam Laporan Keuangan                 consolidated into Bank’s Financial Statements.
    Bank.

49. STANDAR AKUNTANSI BARU                                       49. NEW ACCOUNTING STANDARD
    Standar akuntansi yang telah diterbitkan sampai                  The accounting standards that have been issued up
    tanggal penerbitan laporan keuangan Bank namun                   to the date of issuance of the Bank’s financial
    belum berlaku efektif diungkapkan berikut ini.                   statements, but not yet effective are disclosed
                                                                     below.
    Mulai efektif pada atau setelah tanggal 1 Januari                Effective beginning on or after January 1, 2024
    2024

    Pilar Standar Akuntansi Keuangan                                 Financial Accounting Standards Pillars

    Standar ini memberikan persyaratan dan pedoman                   These standards provides requirements and
    bagi entitas untuk menerapkan standar akuntansi                  guidelines for entities to apply the correct financial
    keuangan yang benar dalam menyusun laporan                       accounting standards in preparing general purpose
    keuangan bertujuan umum. Akan ada 4 (empat)                      financial statements. There will be 4 (four) financial
    standar akuntansi keuangan yang saat ini                         accounting standards that are currently applied in
    diterapkan di Indonesia, yaitu:                                  Indonesia, namely:
    1. Pilar     1    Standar     Akuntansi  Keuangan                1. Pillar 1 International Financial Accounting
         Internasional,                                                   Standards,
    2. Pilar 2 Standar Akuntansi Keuangan Indonesia                  2. Pillar 2 Indonesian Financial Accounting
         (PSAK),                                                          Standards (SFAS),
    3. Pilar 3 Standar Akuntansi Keuangan Indonesia                  3. Pillar 3 Indonesian Financial Accounting
         untuk Entitas Swasta/Standar Akuntansi                           Standards for Private Entities/Indonesian
         Keuangan Indonesia untuk Entitas Tanpa                           Financial Accounting Standards for Entities
         Akuntabilitas Publik, dan                                        without Public Accountability, and
    4. Pilar 4 Standar Akuntansi Keuangan Indonesia                  4. Pillar 4 Indonesian Financial Accounting
         untuk Entitas Mikro Kecil dan Menengah.                          Standards for Micro Small and Medium Entities.



                                                           172
Page 646
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                 PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                    As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                   for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                  (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


49. STANDAR AKUNTANSI BARU (lanjutan)                           49. NEW ACCOUNTING STANDARD (continued)

   Mulai efektif pada atau setelah tanggal 1 Januari                  Effective beginning on or after January 1, 2024
   2024 (lanjutan)                                                    (continued)
   Standar Akuntansi Keuangan Internasional                           International Financial Accounting Standard

   Standar ini merupakan adopsi penuh dari                         This standard is a full-adoption of International
   International Financial Reporting Standards (“IFRS”)            Financial Reporting Standards (“IFRS”) which is
   yang diterjemahkan kata demi kata dan tidak ada                 translated in a word-for-word basis and there is no
   modifikasi dari Standar IFRS, termasuk tanggal                  modifications from IFRS Standards, including the
   efektifnya. Entitas yang memenuhi persyaratan                   effective date. Entities that meet the requirements
   dapat menerapkan standar ini, sejak tanggal efektif.            can apply this standard, from the effective date.

   Nomenklatur Standar Akuntansi Keuangan                          Financial Accounting Standards Nomenclature

   Standar ini ini mengatur penomoran baru untuk                   This standard regulates the new numbering for
   standar akuntansi keuangan yang berlaku di                      financial accounting standards applicable in
   Indonesia yang diterbitkan oleh DSAK IAI.                       Indonesia issued by DSAK IAI.

   Amandemen PSAK 1: Liabilitas Jangka Panjang                     Amendment of SFAS 1: Non-current Liabilities with
   dengan Kovenan                                                  Covenants

   Amandemen ini menentukan persyaratan untuk                      The amendments specify the requirements for
   mengklasifikasikan suatu liabilitas sebagai jangka              classifying liabilities as current or non-current and
   pendek atau jangka panjang dan menjelaskan:                     clarify:
    hal yang dimaksud sebagai hak untuk                              what is meant by a right to defer settlement,
      menangguhkan pelunasan,                                         the right to defer must exist at the end of the
    hak untuk menangguhkan pelunasan harus ada                        reporting period,
      pada akhir periode pelaporan,
    klasifikasi tersebut tidak dipengaruhi oleh                       classification is not affected by the likelihood that
      kemungkinan entitas akan menggunakan hak                          an entity will exercise its deferral right, and
      nya untuk menangguhkan liabilitas, dan
    hanya jika derivatif melekat pada liabilitas                      only if an embedded derivative in a convertible
      konversi tersebut adalah suatu instrumen                          liability is an equity instrument would the terms
      ekuitas, maka syarat dan ketentuan dari suatu                     and conditions of a liability will not impact its
      liabilitas konversi tidak akan berdampak pada                     classification.
      klasifikasinya.

   Selain itu, persyaratan telah diperkenalkan untuk               In addition, a requirement has been introduced to
   mewajibkan pengungkapan ketika suatu kewajiban                  require disclosure when a liability arising from a loan
   timbul dari pinjaman perjanjian diklasifikasikan                agreement is classified as non-current and the
   sebagai tidak lancar dan hak entitas untuk menunda              entity’s right to defer settlement is contingent on
   penyelesaian bergantung pada kepatuhan terhadap                 compliance with future covenants within twelve
   persyaratan di masa depan dalam waktu dua belas                 months.
   bulan.

   Amandemen PSAK 73: Liabilitas Sewa dalam Jual                   Amendment of SFAS 73: Lease liability in a Sale
   Beli dan Sewa-balik                                             and Leaseback

   Amandemen PSAK 73 Sewa menetapkan                               The amendment to SFAS 73 Leases specifies the
   persyaratan yang digunakan penjual-penyewa                      requirements that a seller-lessee uses in measuring
   dalam mengukur kewajiban sewa yang timbul dalam                 the lease liability arising in a sale and leaseback
   transaksi jual beli dan sewa-balik, untuk memastikan            transaction, to ensure the seller-lessee does not
   penjual-penyewa tidak mengakui jumlah setiap                    recognise any amount of the gain or loss that relates
   keuntungan atau kerugian yang terkait dengan hak                to the right of use it retains.
   guna yang dipertahankan.



                                                          173
Page 647
                                                                         The original financial statements included herein are in
                                                                                                           Indonesian language.

     PT BANK VICTORIA INTERNATIONAL Tbk                                PT BANK VICTORIA INTERNATIONAL Tbk
      CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
       Tanggal 31 Desember 2023 dan untuk                                   As of December 31, 2023 and
    Tahun yang Berakhir pada Tanggal Tersebut                                  for the Year Then Ended
         (Disajikan dalam Ribuan Rupiah,                                 (Expressed in Thousands of Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


49. STANDAR AKUNTANSI BARU (lanjutan)                             49. NEW ACCOUNTING STANDARD (continued)

   Mulai efektif pada atau setelah tanggal 1 Januari                 Effective beginning on or after January 1, 2024
   2024 (lanjutan)                                                   (continued)

   Amandemen PSAK 2 dan PSAK 60: Pengaturan                          Amendment of SFAS 2 and SFAS 60: Supplier
   Pembiayaan Pemasok                                                Finance Arrangements

   Amandemen PSAK 2 dan PSAK 60 mengklarifikasi                      The amendments to SFAS 2 and SFAS 60 clarify the
   karakteristik pengaturan pembiayaan pemasok dan                   characteristics of supplier finance arrangements and
   mensyaratkan pengungkapan tambahan atas                           require additional disclosure of such arrangements.
   pengaturan      pembiayaan     pemasok       tersebut.            The disclosure requirements in the amendments are
   Persyaratan pengungkapan dalam amandemen ini                      intended to assist users of financial statements in
   dimaksudkan untuk membantu pengguna laporan                       understanding the effects of supplier finance
   keuangan dalam memahami dampak pengaturan                         arrangements on an entity’s liabilities, cash flows
   pembiayaan pemasok terhadap liabilitas, arus kas,                 and exposure to liquidity risk.
   dan eksposur terhadap risiko likuiditas suatu entitas.

   Dampak dari penerapan standar, amendemen/                         The Company’s management is currently evaluating
   penyesuaian, dan interpretasi tersebut terhadap                   and has not determined the effect of these SFAS
   laporan keuangan masih dalam proses evaluasi dan                  amandements and improvements and ISAK to the
   belum dapat ditentukan oleh manajemen.                            financial statement.




                                                            174
Page 648
PT BANK VICTORIA INTERNATIONAL TBK
Gedung Graha BIP Lt. 10
Jl. Gatot Subroto Kav. 23
Kel. Karet Semanggi, Kec. Setiabudi
Jakarta Selatan, 12930, Indonesia
T : (021) 522 8888
F : (021) 522 8777
E : corsec@victoriabank.co.id

www.victoriabank.co.id




2023
Laporan Tahunan & Keberlanjutan
Annual & Sustainability Report

File

File Open PDF
Source IDX
Size5.83 MB
Published1 May 2024
Pages648
Characters3,856,777
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Names mentioned 306 people and organisations named in the text · linked when the evidence is strong

linked org Bank Victoria International Tbk p.2 ×408
linked person Sia Leng Ho · Member p.40 ×13
linked person ACHMAD FRISCANTONO p.42 ×11
linked person Debora Wahjutirto p.49 ×9
linked org Victoria Investama Tbk p.57 ×35
linked org Victoria Insurance Tbk p.59 ×12
linked org Bhuwanatala Indah Permai Tbk. p.59 ×15
linked org Bumi Serpong Damai p.69
linked org Pantai Indah Kapuk p.69 ×2
linked person Medi Sejati · Member p.71 ×3
linked person Yozef Abdulrachman · Member p.71 ×3
linked person Muhammad Rakhmadhani · Senior Executive Vice President of Change Management Office p.71 ×4
linked org Duta Pertiwi Tbk p.74 ×5
linked org Central | Proteina Prima p.75
linked org PT Bank IBK Indonesia p.75
linked org Bank Danamon Indonesia Tbk p.76 ×5
linked org Bank QNB Indonesia Tbk p.77 ×5
linked org Bank Danamon p.78
linked org PT Trimegah Sekuritas p.85
linked org PT Grha Swahita p.149 ×3
linked org PT Studio One p.150 ×3
linked org PT BIP Boga Permai p.150 ×3
linked org Multi Sarana p.150 ×2
possible org Otoritas Jasa Keuangan p.2 ×58
possible person Dewi Sartika p.28 ×2
possible person Gunawan Tenggarahardja · Chairman p.40 ×14
possible org International Tbk p.52 ×2
possible person Slamet Riyadi p.68
possible person Bali · Komisaris p.75
possible person Drs. Santoso p.80
possible person Rusli · Wakil Direktur Utama p.81 ×4
possible — Suryadi · Senior Executive Vice President of Finance, Accounting & Management Information System p.83
unresolved org Bank Victoria p.2 ×419
unresolved org Financial Services Authority p.2 ×33
unresolved org Bank Victoria’s p.7 ×33
unresolved org Bank Victoria Tahun p.7
unresolved org Bank Victoria’s RAKB p.7
unresolved org Bank Victoria. Indikator p.8 ×2
unresolved org Bank Victoria. Oleh p.11 ×3
unresolved org Bank Victoria. Therefore p.11 ×2
unresolved org Bank Victoria Tinjauan Keuangan p.14
unresolved person Rangkap · Komisaris p.15 ×2
unresolved org Bank Governance Penanganan Benturan Kepentingan p.15
unresolved person Penanganan Benturan Kepentingan · Komisaris p.15
unresolved person Kebijakan Keberagaman Komposisi · Komisaris p.15
unresolved person Organ Pendukung · Komisaris p.15
unresolved org Bank Victoria Berkelanjutan III Bank Victoria Tahap I p.23
unresolved org Bank Victoria Tahap I Tahun p.24 ×2
unresolved org Bank Victoria Continuous Subordinated p.24 ×2
unresolved org Bank Victoria Continuous Bond I Phase p.24
unresolved org Bank Victoria Tahap II Tahun p.24 ×2
unresolved org Bank Victoria Continuous Subordination p.24
unresolved org Bank Victoria Continuous Subordination Bonds II Phase II p.24
unresolved org Bank Victoria Tahap III Tahun p.24
unresolved org Bank Victoria Continuous Subordination Bonds II Phase III p.24
unresolved org Bank Victoria Series A Continuing p.24
unresolved org Bank Victoria Series B Continuing p.24
unresolved org PT Pemeringkat Efek Indonesia p.24 ×4
unresolved org Bank Victoria Kempinski p.25
unresolved org Bank Victoria Continuing Bonds III Phase I Governance p.25
unresolved org Bank Victoria’s Working Meeting p.25
unresolved org Bank Award p.26 ×4
unresolved org Bank Victoria Manado. p.26 ×2
unresolved org PT Sulfindo Adiusaha p.27 ×3
unresolved org Bank Victoria. Rp p.27
unresolved org Bank Victoria Stakeholders. p.27
unresolved org Bank Awards p.30 ×2
unresolved org Bank Victoria Communication Award VIII p.30
unresolved org Bank Victoria Bank Victoria’s p.30
unresolved org Bank Victoria Majalah Economic Review p.31
unresolved org Bank Aset Rp p.31
unresolved org Bank Victoria Penerima p.31
unresolved org Bank Victoria’s Strategy Implementasi Strategi Bank Victoria p.36
unresolved org Bank Victoria. Pengawasan p.36
unresolved org Bank Victoria. Hal p.36 ×3
unresolved org Bank Victoria Penilaian p.36
unresolved org Bank Victoria. Evaluasi p.37
unresolved org Bank Victoria. This p.37
unresolved org Bank Victoria. Namun p.37
unresolved person Victoria · Komisaris p.38
unresolved org Bank Victoria. We p.38
unresolved org Bank Victoria. Komposisi p.40
unresolved org Bank Bank Victoria p.40
unresolved org Bank Victoria. Semoga p.40
unresolved org Bank Victoria. Let p.42
unresolved org Bank Victoria Menghadapi p.44
unresolved org Bank Victoria. Selain p.46
unresolved org Bank Victoria Efektivitas p.46
unresolved org Bank Victoria’s Commitment p.47
unresolved org Bank Victoria. Bank Victoria p.47
unresolved org Bank Victoria. Komposisi Direksi p.49
unresolved org Bank Victoria. Selanjutnya p.50
unresolved org Bank Victoria. Furthermore p.50
unresolved org Bank Victoria. Kerja p.50
unresolved person Deputy · President Director p.53 ×2
unresolved person Amrul Partomuan Pohan p.56 ×2
unresolved org Menteri Keuangan Republik Indonesia p.58
unresolved org PT Bank Swaguna p.58 ×4
unresolved org PT Bank Victoria Syariah p.58 ×6
unresolved org Bank Victoria’s Subsidiary p.58
unresolved org Bank Indonesia p.58 ×21
unresolved org Bank Devisa p.59 ×2
unresolved org Departemen Perizinan dan Informasi Perbankan Otoritas Jasa Keuangan No. S- p.59
unresolved org Bank Victoria Tahap I p.59
unresolved org Bank Victoria No. S- p.59
unresolved org Bank Persepsi. p.59
unresolved org PT Nata Patindo. p.59 ×3
unresolved org PT Victoria Alife Indonesia p.59 ×5
unresolved org PT Prolestari Megapersada p.59 ×2
unresolved org Investama Tbk p.59
unresolved org PT Regis Pratama Indonesia p.59 ×6
unresolved org PT Emperor Finance p.59
unresolved org PT Victoria Sekuritas Indonesia p.59 ×4
unresolved org PT Tridaya Investindo p.59 ×3
unresolved org PT Emperor p.59
unresolved org PT Victoria Investama Melakukan p.59
unresolved org PT Emperor Finance Indonesia. p.59 ×4
unresolved org PT Victoria Investama Digitized p.59
unresolved org Bank Victoria’s Vision p.60
unresolved org Bank Indonesia Certificates p.63
unresolved org Bank Garansi TabunganKu p.64
unresolved org Bank Devisa Other Services p.64
unresolved org Bank Panin Senayan Lt. Dasar p.68
unresolved person KH Fachrudin p.69
unresolved person Credit Committee · Direktur p.70
unresolved person Nomination · Komisaris p.71
unresolved person Syahda Candra · Member p.71
unresolved org Bank Scale p.72
unresolved org Bank Position Association Lembaga Penjamin Simpanan p.72
unresolved org Indonesia Deposit Insurance Corporation p.72 ×2
unresolved org PT Kustodian Sentral Efek Indonesia p.72
unresolved org Bank Kewarganegaraan p.73
unresolved org Bank Summa p.73 ×2
unresolved org PT Sumberdaya Sewatama p.73
unresolved org PT Sumberdaya Beliau p.73
unresolved org PT Jakarta Setiabudi p.74
unresolved org PT Jakarta Tempat Lahir Internasional Tbk p.74
unresolved org Tempat Lahir Internasional Tbk p.74
unresolved org Setiabudi Internasional Tbk p.74
unresolved org PT Bank Bali p.74 ×3
unresolved org PT Sampoerna Transport p.74
unresolved org PT Sampoerna Transport Domisili p.74
unresolved org PT Sigma Karya Sempurna p.74
unresolved org PT Sigma Karya p.74
unresolved org PT Central Proteina p.75
unresolved org Proteina Prima Tbk p.75
unresolved org Prima Tbk p.75
unresolved org Bank Ekonomi Raharja Tbk p.75 ×6
unresolved org Raharja Tbk p.75
unresolved org Bank Agris Tbk p.75 ×4
unresolved org PT Bank IBK Tempat Lahir p.75
unresolved org Indonesia Tbk p.75 ×2
unresolved org Bank Internasional Indonesia Tbk · President Director p.76 ×5
unresolved org PT Bank Namura p.76
unresolved org PT Bank Namura Internusa p.76
unresolved org Bank Rama Tbk p.76 ×4
unresolved org PT Bank Tabungan p.76
unresolved org Pensiun Nasional Tbk p.76
unresolved org Tabungan Pensiun Nasional Tbk p.76
unresolved org PT Bank Victoria Domicile p.76
unresolved person Riwayat · President Director p.77 ×2
unresolved org Bank Lippo p.78 ×3
unresolved org PT Elang Kurnia Sakti p.78 ×2
unresolved org PT Agung Kimia Cemerlang p.78 ×3
unresolved org PT Agung Kimia Cemerlang Place p.78
unresolved org Mayer LLP p.79 ×2
unresolved org Young LLP p.79 ×2
unresolved org PT Victoria Investama Indonesia p.79
unresolved org Kantor Akuntan Publik Drs. Santoso p.80
unresolved person Drs. Santoso Banjarmasin p.80
unresolved org PT Winduintan Deltatama p.80
unresolved org PT Winduintan Deltatama Place p.80
unresolved org Bank Andromeda p.80 ×2
unresolved org Bank Alfa p.80 ×2
unresolved org Penyehatan Perbankan Nasional p.80
unresolved org Bank Restructuring p.80
unresolved org PT Victoria Sekuritas p.80
unresolved org PT Victoria Domisili p.80
unresolved org PT Mahastra Capital p.80 ×2
unresolved org Bank Victoria. Thus p.81
unresolved — Yohanes · Senior Executive Vice President of Operations & International Banking p.83
unresolved — Mira Christiana · Senior Executive Vice President of Business p.83
unresolved org Departemen Credit Monitoring & Collection Bambang F. Triatmojo Vice Head of Credit Monitoring p.83
unresolved org Departemen Anti Money Laundering p.83
unresolved — 4. Expert Sharing Session - Keuangan Berkelanjutan (oleh p.84 ×5
unresolved — Institute); p.84 ×14
unresolved org 5. Governance, Risk, & Compliance (oleh Bank Victoria); p.84
unresolved org 6. HPE CIC Storage (oleh Hewlett Packard Enterprise); p.84
unresolved org 7. Outlook Banking Regulation: Tantangan Industri p.84 ×8
unresolved org 8. Philosophy that Flows in My Soul (oleh Bank Victoria); p.84 ×6
unresolved org 9. Anti Fraud Management for Leaders Batch 2 (oleh p.84 ×4
unresolved org PT Kanatta Daya p.84 ×6
unresolved org PT Kanatta Daya Indonesia p.84 ×30
unresolved — 10. Refreshment Pencegahan Tidak Pidana Pencucian p.84 ×6
unresolved — Massal p.84 ×7
unresolved org 8 Tahun 2023 (oleh PT Andara Sarana). p.84 ×7
unresolved org PT Andara Sarana p.84 ×26
unresolved org 4. Governance, Risk, and Compliance (oleh Bank Victoria); p.84 ×4
unresolved — Pencegahan dan Pemberantasan Tindak Pidana p.84 ×2
unresolved — Pencucian Uang dalam Penyelengaraan Pemilihan p.84 ×2
unresolved — Pemilihan Kepala Daerah yang Berintegritas p.84 ×2
unresolved — serta Akuntabel (oleh Forum Komunikasi p.84 ×2
unresolved person Accountability · Direktur p.84 ×3
unresolved — 7. Refreshment Tindak Pidana Pencucian Uang p.84 ×2
unresolved — Pendanan Proliferasi Senjata Pemusnah Massal p.84 ×2
unresolved org Tahun 2023 (oleh PT Andara Sarana); p.84 ×3
unresolved — 8. Sertifikasi Sistem Pembayaran dan Pengelolaan Uang p.84 ×2
unresolved — (SPPUR) Transfer Dana Jenjang Eksekutif p.84 ×2
unresolved — (oleh Lembaga Sertifikasi Profesi Perbankan); p.84 ×2
unresolved — 10. Team Building dan Outbond: Together We Growth p.84 ×4
unresolved org 3. Induction Training Program (oleh Bank Victoria). p.85
unresolved org 7. Outlook Industri Jasa Keuangan di Tahun 2023 (oleh p.85
unresolved org 10. Sosialisasi Kebijakan Risk Register (oleh Bank Victoria); p.85 ×3
unresolved — 11. Embracing the Digital Era: Exploring SWIFT Updates p.85
unresolved org 12. Anti Fraud Management for Leaders Batch 3 p.85 ×4
unresolved org PT Trimegah Head p.85
unresolved org Sekuritas Indonesia Tbk p.85
unresolved — 2. Expert Sharing Outlook Banking Regulation (oleh p.85 ×3
unresolved — 5. Kode Etik, Peraturan Perizinan Wakil Perantara p.85
unresolved — Analis, Obligasi, dan Sukuk (oleh Perkumpulan p.85
unresolved — 6. Market Insight (oleh Bank p.85
unresolved — 7. Team Building dan Outbond: Working Together in p.85 ×2
unresolved org Harmony (oleh Bank Victoria); p.85 ×2
unresolved — 10. Program Pendidikan Lanjutan Wakil Perantara p.85
unresolved — Pendanaan Proliferasi Senjata Pemusnah Massal p.85
unresolved — 12. Tren Perbankan di Tahun 2023 (oleh p.85
unresolved — Hening); p.86
unresolved org 6. Governance, Risk, dan Compliance (oleh Bank Victoria); p.86
unresolved — 12. Sharing Session Kepala Operasional (oleh Bank p.86
unresolved org 13. ISO 27001 - Sistem Manajemen Keamanan p.86
unresolved — (oleh Veda Praxis); p.86
unresolved org Menteri Agraria p.86 ×2
unresolved org Minister of Agrarian p.86 ×2
unresolved — 2023 tentang Penerbitan Dokumen Elektronik p.86 ×2
unresolved org Mahkamah Agung p.87
unresolved — Jawa Barat Ikatan Pejabat Pembuat Akta Tanah); p.87 ×2
unresolved — 9. Urgensi Perpanjangan Kebijakan Restrukturisasi Kredit p.87
unresolved org 11. Sharing Session Loan Admin (oleh Bank Victoria); p.87
unresolved — 12. Refreshment Credit SME Segmentation (oleh p.87
unresolved org Bank Victoria Mendukung Penuh Pemerintah p.88 ×3
unresolved org Bank Victoria Fully Supports p.88 ×3
unresolved org Terorisme (APU dan PPT) (oleh PT Andara Sarana); p.88
unresolved — 50/POJK.03/2017 (oleh Risiko p.88
unresolved org Manajemen Gagasan); p.88
unresolved org Departemen Anti p.89
unresolved — terkait Anti Pencucian Uang dan Pendanaan Terorisme p.89
unresolved — (APU dan PPT) (oleh Equivalent Training Center). p.89
unresolved org I Gusti Putu Sindara Sas- p.89
unresolved — trawan p.89
unresolved — KCU Bali p.89
unresolved org Head of Bali Main Branch Office p.89
unresolved — Amelia p.89
unresolved — Rosita B. Rajaisun p.89
unresolved — KCU Bogor p.89
unresolved org Head of Bogor Main Branch Office p.89
unresolved — Tjoe Dedy Himawan p.89
unresolved — KCU Semarang p.89
unresolved org Head of Semarang Main Branch p.89
unresolved org Bank Lain Under Common Control p.149
unresolved org PT Merak Energi Indonesia p.149 ×2
unresolved org PT Tridaya p.149
unresolved — Under Common Control p.149 ×2
unresolved org PT BIP Tridaya Propertindo p.149 ×2
unresolved org PT Jaya Bhakti Mandiri p.149 ×2
unresolved org PT Cahaya Medika p.149
unresolved org PT Cahaya Medika Health Care p.149
unresolved org PT Victoria Insurance Indonesia p.149
unresolved org PT Padi Unggul Indonesia p.150 ×2
unresolved org PT Victoria Alife p.150
unresolved org PT Victoria Manajemen Investasi p.150 ×2
unresolved org PT BIP Loka Kencana p.150 ×2
unresolved org PT BIP Sentosa p.150 ×2
unresolved org PT Asri Kencana Gemilang p.150 ×2
unresolved org PT Artoda Karya Gemilang p.150 ×2
unresolved org PT Frogurt Sari Indonesia p.150 ×2
unresolved org PT Grata Mulia Pratama p.150 ×2
unresolved org PT Putra Asih Laksana p.150 ×2
unresolved org PT Suryayudha Investindo Cipta p.150 ×2
unresolved org GMT Investama Mandiri Tbk p.150 ×4
unresolved org PT Dwimagna Kapital Indonesia p.150 ×2
unresolved org PT Magna Investa Mandiri p.150 ×2
unresolved org PT Bintang Jaya Bara Sentosa p.150 ×2
unresolved org PT BIP Boga Entertainment p.150 ×2
unresolved org PT Bumi Semesta Lestari p.150 ×2
unresolved org PT Prolestari Mega Persada p.150 ×2
unresolved org PT Surya Cakra Multi Sarana p.150 ×2
unresolved org PT Verena Kapital p.150 ×2
unresolved org Bank Garansi Under Common Control p.150
unresolved — Keluarga dengan Suzanna Tanojo p.150 ×8
unresolved org Bank Indonesia Regulation p.151
unresolved org Bank The Strength p.168 ×3
unresolved org Bank Committees p.168
unresolved person Association. In · Komisaris p.170
unresolved org PT Adimitra Penunjukan Pihak Independen Jasa Korpora p.171
unresolved org Kantor Akuntan Publik Purwantono p.171
unresolved person Notary Fathiah Helmi p.171 ×2
unresolved — Party at the Annual GMS p.171
unresolved org PT Adimitra Jasa Korpora p.171
unresolved person Pedoman · Komisaris p.173
unresolved org Bank Victoria’s Board p.175
unresolved person Office Zaenal Abidin · Member p.175 ×23
unresolved person Annual GMS Resolution · President Commissioner p.175 ×3
unresolved person Extraordinary GMS Resolutions · Commissioner p.175
unresolved — 2023 Annual and Sustainability · PT Bank Victoria International Tbk p.175

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