Explore KUB, Bank Jatim and Bank Banten Sign an NDA
Date: 25 april 2024Categories :
SURABAYA, April 25, 2024, As a follow-up to the signing of the MoU related to the establishment of the Bank Business Group (KUB) PT Bank Pembangunan Daerah Jawa Timur Tbk (bankjatim) with PT Bank Pembangunan Daerah Banten (Bank Banten) some time ago, on Thursday (25/4) the signing of the Non Disclosure Agreement (NDA) between the two parties was held. Located at bankjatim Head Office, the signing of the NDA was carried out by the Director of Finance, Treasury & Global Services bankjatim Edi Masrianto and Director of Operations of Bank Banten Bambang Widyatmoko and witnessed by SEVP Network & Services bankjatim Revi Adiana Silawati.
Edi said, this activity was one of a series of activities that had previously been carried out intensively between bankjatim and Bank Banten related to the formation of KUB. "The spirit of KUB is the spirit of collaboration to synergize. So it is hoped that the signing of this NDA can be a part in order to strengthen that collaboration," he said.
He also emphasized that bankjatim is ready to conduct business cooperation with Bank Banten on various sides. Starting from human capital, technology, to the business process. The optimism is not without reason. bankjatim already has experience in the KUB process with Bank NTB Syariah and Bank Lampung. So, bankjatim believes that the exploration of KUB with Bank Banten can bring benefits and benefits to both parties.
As for one of the main supporting lines of bankjatim's business is the JCONNECT digital brand service. In the first quarter of 2024, JConnect Mobile had 677,362 users. This figure increased by 25.77 percent (YoY). Meanwhile, the nominal transaction was recorded at Rp 4.9 trillion or grew 66.6 percent (YoY). Then, the company's JConnect QRIS has also reached 151,404 users or increased 113.74 percent (YoY) with a nominal transaction of Rp 126.43 billion or an increase of 173.84 percent (YoY).
That's not all. To maximize banking services for regions that have great business potential, BJTM also optimizes services through Jatim Agents. The number of Jatim Agents during the first 3 months of this year successfully grew 137.28 percent (YoY) to 8,815 users with a nominal transaction of Rp 18.78 billion.
"With our experience in developing digital banking, it can certainly be an advantage for Bank Banten to adopt the technology that we have done. Because it is undeniable that now the era is all digital, so whether we like it or not, we all have to adapt to the digital world," he explained.
Edi said, actually the exploration of KUB between bankjatim and Bank Banten has many objectives. Among other things, increasing public financial literacy in their respective regions through programs carried out jointly between bankjatim and Bank Banten. Not limited to Fund Products only, but also Financing Products and other Bank Services.
Therefore, management hopes that the KUB plan between bankjatim and Bank Banten can be an effort to strengthen the structure, resilience, and competitiveness of the banking industry so that later it can reach a more efficient level towards higher economies of scale and become a competitive BPD in the Regional scope. “So that in the future it will be able to advance development and the economy in their respective regions and on a national scale,” said Edi.
Meanwhile, Bambang Widyatmoko also explained, the potential of Bank Banten in terms of business development is very large. One of them is in the field of credit financing. Because, in the Banten Provincial Government alone, the number of civil servants was recorded at 8,926 people and the number of PPPK was 1,620 people.
On the other hand, the company has also successfully scored very positive performance on various fronts. In the first quarter of 2024, BJTM's assets grew by 4.37 percent (YoY) or Rp 100.8 billion with the dominant contribution from the increase in productive assets. Namely lending rose 18.76 percent (YoY), DPK management increased 2.34 percent (YoY) with the largest contribution coming from the type of savings which grew 13.06 percent (YoY), and the management of the company's assets generated net interest income which grew 6.44 percent (YoY). “Well, with a variety of good history and experience that we have, we believe KUB bankjatim with Bank Banten will bring a positive impact for both parties,” he said.
Of these civil servants, the number of debtors is 5,247 people and 3,679 non-debtors. Then in terms of PPPK, the number who have become debtors is only 485 people. The rest do not yet have credit facilities. "So Bank Banten has a very large potential for credit financing. For pesantren in Banten, there are also many. There are 6,302 pesantren and 429,550 students. So maybe we can collaborate in student credit," he said.
Until 2023, Bank Banten has plain vanilla products and services such as credit financing to ASN and retirees. "Then our commercial credit products will be relaunched in 2023 which are focused on financing goods and services projects within the Banten Provincial Government agencies. In addition, our deposits, deposits, current savings are relatively conventional. So we hope that in the future there will be business synergy with bankjatim which can have an impact on improving the performance of Bank Banten," he said.