Jakarta, 23 May 2025 - PT Bank JTrust Indonesia Tbk (J Trust Bank/Company) held an Annual General Meeting of Shareholders attended by President Director Ritsuo Fukadai and the Board of Directors and the Board of Commissioners of the Company. A number of agendas discussed at the AGMS include the approval of the Annual Report and the ratification of the Company's Financial Statements and the Report on the Implementation of Supervisory Duties of the Board of Commissioners for the Financial Year 2024; approval of the Amendment to the Company's Articles of Association; Changes in the composition of the Board of Directors and the Board of Commissioners of the Company; and Approval of the Company's Recovery Plan.
Amid geopolitical tensions and ongoing macroeconomic uncertainty, J Trust Bank was able to close 2024 with positive performance and growth.
As of December 31, 2024, loans grew by 11.09 percent yoy to IDR 26.53 trillion from IDR 23.88 trillion as of December 31, 2023 with well-maintained credit quality where the NPL ratio was in a healthy condition of 1.43 percent (nett).
The Bank's credit growth was supported by healthy capital with a CAR ratio of 13.9 percent and healthy liquidity conditions with LCR at the level of 121.84 percent as well as the growth of customer deposits through savings, current accounts, and bank deposits to Rp 33.90 trillion or grew 5.9 percent from the same period the previous year.
President Director of J Trust Bank, Ritsuo Fukadai expressed his confidence in the company's performance in 2025 "Although this year will still be overwhelmed by challenges and uncertainties, J Trust Bank is optimistic about the future business prospects in line with increasing national economic growth to achieve increasingly quality growth"
"J Trust Bank has set three main focuses in 2025, namely (1) credit and deposit growth; (2) profitability and efficiency; and (3) credit quality, liquidity, and capital," concluded Ritsuo Fukadai.
In the development of green financing, as of December 2024, the Company recorded 8.7 percent of the total loan portfolio or Rp 2.32 trillion in financing for environmentally friendly business activities (KUBL) in accordance with technical guidelines for banks related to the implementation of POJK Number 51/POJK.03/2017 concerning the implementation of sustainable finance for financial services institutions (LJK), issuers, and public companies.
2024 is also a momentum for J Trust Bank in strengthening its commitment to the implementation of sustainability aspects. Through the launch of two green savings programs, namely TORA Green Savings and TORA Blue Oceans Savings, J Trust Bank not only provides a variety of savings benefits but also facilitates customers to spread kindness to the environment through mangrove planting and plastic waste management.
During 2024, in the aspect of corporate social responsibility (CSR), the Company has successfully carried out 29 activities consisting of economic pillars, social pillars, and environmental pillars with a total of 38,785 beneficiaries in order to contribute to the achievement of the Sustainable Development Goals.
