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20240307_BJTM_Penyampaian Bukti Iklan_31594599_lamp1.pdf
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bankjatim £ Bank Jatim Explores KUB Cooperation with Bank Banten, Offers the KUB Fully Protection Growing Together Concept JAKARTA, March 4 2024 - PT Bank Pembangunan Daerah Jawa Timur Tbk (bankjatim) continues to make various breakthroughs to realize the acceleration of the company's business. After carrying out the Bank Business Group (KUB) process with Bank NTB Sharia and Bank Lampung some time ago, now company with ticker name code BJTM exploring KUB collaboration with Bank Banten. Located at the Borobudur Hotel, Central Jakarta, bankjatim President Director Busrul Iman and Bank Banten President Director Muhammad Busthami officially signed an MoU regarding the exploration of KUB in Focus Group Discussion (FGD) activities for Fulfilling Minimum Core Capital (MIM) of Regional Development Banks (BPD) and Regional Bank Consolidation on Monday (4/3). Also present to witness the signing procession was Act. East Java Governor Adhy Karyono and Act. Governor of Banten Al Muktabar. Adhy explained that cooperation between BPDs by strengthening capital and banking consolidation could be one way to face the current economic dynamics. Based on POJK 12/2020 concerning Commercial Bank Consolidation, BPDs are reguired to increase their core capital by a minimum of IDR 3 trillion no later than 31 December 2024, or only have IDR 1 trillion as long as the BPD is effectively incorporated asa member of KUB. If this cannot be met, the BPD is obliged to adjust its form of business to become a Rural Bank (BPR). Thus, the BPD, which has core capital of under IDR 3 trillion, will be take for time because there are around 9 months left for fulfillment. According to Adhy, bankjatim is one of the banks in bank's category with tier 1 capital of between IDR 1 trillion to IDR 5 trillion. As of December 2023, bankjatim has capital of IDR 11,541 trillion with Risk Weighted Assets (ATMR) of IDR 44,897 trillion. Not only that, bankjatim CAR ratio has also reached 25.71 percent as of December 2023. East Java Provincial Government itself has series A authorized capital in bankjatim of 51.13 percent or around IDR 1,919,228,412,000.
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kpd bankjatim £ The KUB concept offered by bankjatimis fully protected growing together. This means that bankjatim will provide full support for liguidity and capital and carry out mutually beneficial business synergies. “Essentially, there must be compatibility. We both have conditions, but we don't make the conditions difficult so that they don't have difficulties either. "We help but we still have to be accountable, banks have to be healthy and professional so that we can progress together," he said. Meanmhile, Busrul added, the spirit of KUB is the spirit of collaboration to synergize with each other. The goal is to increase the business base, expand consumer reach and distribution channels with the target of achieving accelerated growth. So it is hoped that the signing of the MoU regarding the KUB exploration with Bank Banten can be part of strengthening collaboration. "This MoU is a moral obligation for the parties, where this is the basis for both parties to carry out the next stages of the process. We are ready to carry out business cooperation with Bank Banten on various sides. "Starting from human capital, technology, to business processes," said Busrul. Apart from Bank Banten, continued Busrul, currently bankjatim is also completing the KUB process with Bank NTB Sharia. Then there is also progress with Bank Lampung. "Well, currently we are conducting an exploration phase with Bank Banten. In essence, bankjatim still opens up opportunities for collaboration with other BPDs in Indonesia in order to realize mutually beneficial mutual progress. "Because the KUB initiative is part of an ongoing effort to strengthen the position of BPD as a banking group in the national banking industry," explained Busrul. All benefits will provide by bankjatim for KUB's members. With its experience, bankjatim will conduct transfer technology in the IT sector to KUB members. And it also looking for any opportunity regarding another bank's business which have an impact on improving the performance of bankjatim KUB's members. PT BANK PEMBANGUNAN DAERAH JAWA TIMUR Tbk Jl. Basuki Rahmat 98-104 Surabaya E: corsec@bankjatim.co.id T: (031) 5310090-99 ext 471 F: (031) 5310838
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Bank Jatim Explores KUB Cooperation
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