Heaptalk, Jakarta — PT Bank Seabank Indonesia (SeaBank) recorded a year-to-date pre-tax profit (PBT) of US$12.7 million, or nearly Rp204 billion. This output increased 350% compared to the same period last year.
In Q2 2024, SeaBank also noted total assets of US$1.9 billion, approximately Rp31 trillion, an 11% growth compared to the asset value in December of the previous year. SeaBank’s success in gathering third-party funds (DPK), which grew by 13%, drove this increase. This also reflected SeaBank’s growth in reaching around 13 million customers in the same period.
Regarding credit disbursement performance, this banking company channeled about US$1.12 billion (around Rp18 trillion) in loans by the end of June this year. On the other hand, Seabank maintained a well-managed NPL ratio of 1.98% until the end of Q2. The company consistently adhered to prudence principles amidst the increase in loan disbursement.
SeaBank’s customers’ average daily transactions also demonstrated positive performance, recording 3 million transactions with a total turnover of US$125 million, equal to Rp2 trillion. Mobile phone credit payments, electricity, multifinance, account transfers, and QRIS boosted the transactions.
President Director of SeaBank Indonesia, Sasmaya Thuleley, stated, “SeaBank continues innovating in banking business strategies. The bank’s good performance is evident in the Q2 2024 achievements, which continue to show a positive trend. However, we remain cautious in all of SeaBank’s business activities. SeaBank will continue to progress in the remainder of this year and provide the best service ecosystem to customers throughout the archipelago,”
