Friday, 17 Dec 2021
Jakarta, 17 December 2021, J Trust Bank holds the Extraordinary General Meeting of Shareholders (EGMS) and Public Expose. In the EGMS, it was decided that the shareholders approved the Capital Increase with Pre-emptive Rights (PMHMETD) in order to meet the Bank's minimum core capital requirements.
In the midst of challenging conditions, the Company's fundamentals remain solid where the Company continues to disburse loans prudently, supported by the implementation of structured risk management. The Company's liquidity position remains strong, supported by adequate customer deposits. The Company's capital position also remains stable to support the Company in carrying out its business plans to face future uncertainties and take advantage of growth opportunities.
J Trust Co., Ltd. as the Controlling Shareholder of the Company is committed to complying with the Bank's minimum core capital requirements by the end of 2021 and continue to strengthen the capital structure to support the Company to achieve sustainable growth and achieve sustainable development to support economic, social and environmental sustainability.