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PT Bank OCBC NISP Tbk : OCBC Starts 2025 with Positive Performance, Profit Increases 11% YoY in First Quarter
PT Bank OCBC NISP Tbk : OCBC Starts 2025 with Positive Performance, Profit Increases 11% YoY in First
About this update from Pt Bank Ocbc Nisp Tbk
[{"type":"text","content":"Jakarta, April 30, 2025 - PT Bank OCBC NISP Tbk (OCBC) commenced 2025 with positive performance, recording a double-digit net profit growth of 11% YoY or Rp 1.29 trillion.\n \n \n Key Financial Performance (Consolidated) as of March 31\n in IDR trillion, except %\n \n \n Description\n \n \n 2025\n \n \n 2024\n \n \n ∆% YoY\n \n \n Net Income\n \n \n 1.29\n \n \n 1.17\n \n \n 11%\n \n \n Loans - gross\n \n \n 168.9\n \n \n 152.6\n \n \n 11%\n \n \n Deposits\n \n \n 217.7\n \n \n 179.9\n \n \n 21%\n \n \n Total Assets\n \n \n 293.1\n \n \n 252.4\n \n \n 16%\n \n \n Total Equity\n \n \n 39.7\n \n \n 36.8\n \n \n 8%\n \n \n The net profit growth was driven by total operating income which rose by 13% YoY to IDR 3.2 trillion. On the funding side, total deposits also increased by 21% YoY to IDR 217.7 trillion, contributed from the growth of time deposits which increased by 40% YoY and CASA which increased by 7% YoY.\n Parwati Surjaudaja, President Director of OCBC, said, \"The positive growth in the first quarter of this year is a testament to our strategy of quality growth. Despite the ongoing global macroeconomic dynamics at the beginning of the year, the Bank's solid growth reflects the continued trust and confidence of our customers.\"\n \n \n The Bank maintained a healthy liquidity condition with a Liquidity Coverage Ratio (LCR) of 259%, far above the regulator's provisions. Meanwhile, The Bank continues to maintain strong credit quality, reflected on the Gross Non-Performing Loan (NPL Gross) ratio at 1.7% and NPL Net at 0.7%.\n \n \n From a financing standpoint, consumer lending grew by 16% YoY, while business banking loans increased by 10% YoY. In addition, as of March 31, 2025, the Bank had disbursed sustainable financing with a growth of IDR 1.3 trillion or 4% YoY, of which 45% was in the form of sustainability-linked loans and green financing.\n \n \n In the first quarter of 2025, the number of transactions through e-channels achieved a growth of 85% YoY. The number of active individual internet banking users and OCBC Mobile users increased by 20% YoY, while the number of OCBC Business Mobile active users for corporate clients also increased by 27% YoY.\n \n \n Parwati added, \"As we navigate the dynamic national and global economic landscape, we remain firmly committed to the principle of prudence, carefully balancing growth...