News Update
Friday, 14 Jul 2023
Bogor, July 14 2023 - PT Bank JTrust Indonesia Tbk (J Trust Bank) at the Bogor Raya Golf Club, West Java organized the "J Trust Bank Golf Tournament" to give appreciation to more than 70 loyal customers.
This activity was initiated as a gratitude and appreciation to loyal customers who have supported J Trust Bank's efforts over the years. J Trust Bank continued its positive performance by recording a net profit of Rp73.23 billion in the first quarter of 2023. The improved performance was triggered by gross loan growth of Rp20.06 trillion from Rp12.41 trillion or grew 61.58 percent YoY (Year-on-Year). In the acquisition of third-party funds (DPK) grew to Rp25.46 trillion from Rp17.46 trillion or by 45.84 percent YoY in the first quarter of 2023 compared to the first quarter of 2022.
Adhering to prudent principles, J Trust Bank's non-performing loan (NPL) ratio in the first quarter of 2023 continued to improve with gross NPL at 1.73 percent and net NPL at 1.24 percent. Meanwhile, interest income was recorded to increase to Rp559.25 billion in the first quarter of 2023 from Rp342.42 billion in the first quarter of 2022 or grew 63.33 percent YoY triggered by an increase in loan interest income.
President Director of J Trust Bank, Ritsuo Fukadai expressed his gratitude for the performance of J Trust Bank which continues to show an improvement and positive trend. This is certainly inseparable from the support of customers. Therefore, the J Trust Bank Golf Tournament was initiated to give appreciation to J Trust Bank's loyal customers with the aim of building solid business relationships to achieve mutual success.
