Continues to Grow Up to Be The Best, Bank Jatim Achieves Predicate "Very Good" in Infobank Award 2015

Date: 14 august 2015

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infobank 20th award

Regional Development Bank of East Java (bankjatim) was awarded as the Bank categorized as a "very good" on the financial performance in Infobank Award 2015 at the Ritz Carlton, Friday (14/8).

As in previous years Infobank Research Bureau held a banking rating, which this year total in the rating of the Bank reached 118 Bank in Indonesia. Rating on the assessment criteria Infobank Award 2015 include the bank's risk profile, the soundness of good corporate governance (GCG), capital, asset quality, earnings, liquidity, and efficiency

In rating this year bankjatim not only able to retain the title "Very Good" such as in previous years but this time bankjatim able to perform like a "Rising Star of the East" bankjatim able to jump high and occupied the top position for the bank book category 3 with assets of less than Rp 50 trillion. Scores were recorded bankjatim reached 91.07%, which is the highest score among banks Books category 3 are included in the rating.

As we know, 2014 was quite difficult for the banking business in Indonesia one year. A number of banks are experiencing a correction of financial performance. Also, some banks in category 3 BOOK slowdown in earnings growth. But not for bankjatim under sluggish growth in banking bankjatim still able to show the best performance.

The result has been successfully captured by bankjatim in fiscal 2014 Rp939,08 billion, growing 13.92% (YoY), which supported by the loan portfolio 18.61% of Rp22,08 trillion grew to 26.19 trillion and the growth of third party funds (DPK ) rose from Rp25,99 trillion Rp30,27 trillion, up 16.48%. Not only that, capital and asset bankjatim also rose respectively 19.60% and 14.98%. Under these conditions, the bankjatim entitled to receive the title of "Very Good" in Infobank Award 2015 financial performance book 3 of the Bank.

Tony Sudjiaryanto Director of Agribusiness and Sharia bankjatim represents management in the award said that this achievement is the result of hard work and effort of all employees are bankjatim committed to continue to be the best.

"This award is an appreciation and recognition for well performance that we have done so far, of course, is both a motivation for bankjatim able to continue to show the best performance in the future," said Tony.

As for the business strategy bankjatim to improve performance to be better one of them is more incentive to cooperation with various institutions relating
with the empowerment of actors Micro, Small and Medium Enterprises (SMEs). This effort is in line with bankjatim mission that is for encourage economic growth in the region and to help develop small and medium enterprises as well as obtain optimal profit. (pr/med)