Achieving the "Very Good" Performance Predicate, Bank DKI Receives the 2022 Infobank Award

Published: 25 August 2022

Bank DKI won 3 awards at the same time at the prestigious 27th Infobank Awards event which was received directly by the Director of Finance & Strategy of Bank DKI, Romy Wijayanto at Hotel Indonesia Kempinski, Jakarta, 25 August 2022. The awards received by Bank DKI were Special Performance Bank in the Core Capital Bank Group (KBMI) 2 category with assets of IDR 50 Trillion to Under IDR 100 Trillion, Golden Trophy (Performance predicate "Very Good" for 5 Consecutive Years and "Very Good" performance predicate in KBMI 2 category (Assets IDR 50 Trillion to Under IDR 100 Trillion).

Bank DKI obtained the highest score, namely 89.41%, superior to other banks in its class from the bank group based on core capital (KBMI) 2 or banks with core capital above IDR 6 trillion to IDR 14 trillion, asset class IDR 50 trillion to below IDR 100 trillion and posted double digit performance.

As per rating data in the August 2022 edition of Infobank Magazine, as of 2021, Bank DKI was able to record a net profit of IDR 727.36 billion, growing 25.27% from 2020 profit. On the intermediation function side, Bank DKI collected third party funds (DPK) IDR 57.71 trillion, growing 17.96% from 2020. This DPK growth is above the average DPK growth for the banking industry in 2021 which is 12.21%. The growth of Bank DKI's DPK is also accompanied by improvements in the structure of its funds so that the Current Account Saving Account (CASA) ratio can increase significantly from 45.49% in 2020 to 51.37%.

Bank DKI's credit and financing distribution in 2021 reached IDR 38.70 trillion, or grew 8.52% from 2020. This credit and financing growth is above the 2021 banking industry credit growth of 5.24%. Bank DKI credit and financing distribution is carried out while still observing the principle of prudence, characterized by well-maintained asset quality. This is reflected in the realization of gross NPL and net NPL which were maintained at the level of 3.02% and 0.38% respectively.

Along with the increase in credit and profit growth, Bank DKI's total assets also increased in 2021, namely IDR 70.74 trillion or a growth of 12.21% from 2020. Bank DKI's asset growth is also better than the growth of national banking assets which was 10.18%.

Director of Finance & Strategy at Bank DKI, Romy Wijayanto, explained that the brilliant performance achieved in 2021 by Bank DKI, among other things, cannot be separated from the implementation of the 5.0 Transformation Program. In 2021, Bank DKI has implemented a series of Transformation 5.0 programs which focus on the main pillars, namely (1) business & support for the DKI Provincial Government which is divided into lending, funding and ecosystem; (2) digital & operations; (3) human capital, organization & culture; and (4) governance, risk management & compliance. Apart from that, Bank DKI is starting to implement an ecosystem business strategy, collaborating with DKI Jakarta BUMDs and their derivatives.

"We dedicate this award to the customers and stakeholders of Bank DKI," said Romy. He added, this series of achievements & awards will spur the enthusiasm of Bank DKI people to continue to improve and grow their performance in a quality and sustainable manner.

To maintain the sustainability of its business in the future, apart from transformation and collaboration ecosystem strategies with DKI BUMDs, Bank DKI is carrying out a number of innovations. One of them is simplifying business processes by referring to customer centricity, by developing digital-based banking products and services through JakOne Community Apps.

"Currently, we are carrying out a number of digitalization initiatives by developing SuperApps, SimpleApps, and Digital Lending. We hope that these three applications will become Bank DKI's advantages in competing in the future and be able to accelerate performance, both in terms of credit and deposits," concluded Romy.