Jakarta, July 30 2023 – PT Bank JTrust Indonesia Tbk (J Trust Bank) maintained its positive performance by recording a net profit of IDR 86.49 billion in its second quarter 2024 Financial Report.
The catalyst for the improved performance was triggered by gross credit acquisition of IDR 27.12 trillion from the previous IDR 21.70 trillion or grew 24.97 percent YoY (Year-on-Year). Meanwhile, third party funds (TPF) also increased to IDR 34.36 trillion from IDR 29.24 trillion or 17.53 percent YoY in the second quarter of 2024 compared to the second quarter of 2023.
J Trust Bank always adheres to the principle of prudence, thus making the Bank’s NPL (non-performing loan) ratio in the second quarter of 2024 stable, with gross NPL at 1.20 percent and net NPL at 0.95 percent with J Trust Bank’s Capital Adequacy Ratio (CAR) recorded at 12.86 percent in June 2024.
Meanwhile, interest income was recorded at IDR 1.48 trillion in the second quarter of 2024 from IDR 1.17 trillion in the second quarter of 2023 or grew 26.33 percent YoY.
President Director of J Trust Bank, Ritsuo Fukadai said “In the second quarter of 2024, we recorded two new milestones, first, increasing the capacity of J Trust Bank’s digital banking. Our internet and mobile banking come with new features and appearance which is certainly intended to meet the needs and improve services to our customers.”
“Second, in April 2024 we launched J Trust Bank’s first ESG savings program, TORA Green Savings. Customers will not only get various benefits from the savings feature but will automatically contribute to improving the mangrove ecosystem on Harapan Island, Kepulauan Seribu,” concluded Ritsuo Fukadai.
