on going structural changes - bankbjb.co.id · musyarakah 279.5 321.6 15.1 mudharabah 199.5 183.0...
TRANSCRIPT
On Going Structural Changes4Q11 Analyst Meeting
1
4Q11 Analyst Meeting
bank bjb
macroeconomic
0
2
4
6
8
10
12
14
(%)
GDP Growth BI Rate
60
70
80
90
100
110
120
(pts
)
Consumer Confidence Index
Strong Economic Growth With CCI at All Time High
2
0
5
10
15
20
(%)
1mth JIBOR CPI
5
7
9
11
13
15
17
19
6000
7000
8000
9000
10000
11000
12000
13000
(%)
US
DID
R
USDIDR 10yr Govt Bond
Low Inflation Environment Strong Currency & Bonds Market
banking sector
-
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
(%)
Loans Growth Deposit Growth
On 4Q11, banking sector total loans grew 23.4% YoY, while
total deposit grew 20.8%. Investment loans was the fastest
growth loans segment with 33.3% YoY, followed by 24.4%
growth on consumer loans, and 21.5% on working capital
loans. Banks profitability increase to 3.0% along with LDR
which inched up to 79%. The sector NPL fell to 2.2% vs. 2.6%
on 4Q10.
3
4Q10 4Q11 YoY (%)
Total Loans 1784 2200 23.4
Total Deposit 2304 2784 20.8
LDR 77 79 1.6
NPL 2.6 2.2 0.39
ROA 2.9 3.0 0.17
-
10.0
20.0
30.0
40.0
50.0
60.0
(%)
Investment Loans WC Loans Consumer Loans
result highlight
Consolidated 4Q10 4Q11 YoY (%)
Loans 23,070 28,223 22.3
Deposit 32,341 39,227 21.3
4
LDR 71.3% 72.0% 0.7
NIM 7.3 6.8 -0.5
NPL 1.86 1.21 -0.65
Net Profit 890 962 8.1
ratios
4Q10 1Q11 2Q11 3Q11 4Q11
Tier – 1 22.6 19.6 19.4 18.9 18.4
CAR Ratio 22.8 19.6 19.2 18.8 18.4
Gross NPL 1.86 2.38 2.37 2.56 1.21
Net NPL 0.34 0.48 0.67 0.77 0.41
Coverage Ratio 140 128 119 114 159
NIM 7.3 6.9 7.0 6.8 6.8
5
NIM 7.3 6.9 7.0 6.8 6.8
Cost to Income Ratio 46.6 45.8 50.1 49.7 51.1
ROAA 2.2 2.2 2.0 1.9 1.9
ROAE 21.8 21.3 18.2 18.0 19.0
LDR 71 70 71 67 72
Net Open Position 2.15 2.14 1.97 1.85 0.15
BVPS 515.3 481.9 512.4 538.3 555.6
income statement
Income Statement
(Rp bn)FY10 FY11 YoY (%) 1Q11 2Q11 3Q11 4Q11 QoQ (%)
Interest Income 4,894 5977 22.1 1,369 1,448 1,558 1,601 2.8
Interest Expense (2,255) (2915) 29.3 (666) (686) (770) (794) 3.1
Net Interest Income 2,640 3,061 15.9 703 762 788 808 2.5
OtherOperating
Income306 240 -21.5 49 59 43 89 7.0
Operating Expense (1,374) (1,686) 22.7 (320) (430) (409) (526) 28.6
6
Operating Expense (1,374) (1,686) 22.7 (320) (430) (409) (526) 28.6
PPOP 1,572 1,616 2.8 432 391 422 371 -12.1
Provisioning
Expense(381) (341) -10.5 (111) (12) (97) (121) 2.5
Non Operating
Income (Expense)29 45 55.2 30 (2) 11 5 -54.6
Profit Before Tax 1,220 1,320 8.2 351 377 336 255 -24.1
Net Profit 890 962 8.1 260 284 251 168 -33.1
EPS 105.5 99.2 -6.0 26.8 29.3 25.9 17.2 -33.6
balance sheet
Balance Sheet
Highlight
(Rp bn)
4Q10 1Q11 2Q11 3Q11 4Q11 YoY (%) QoQ (%)
Cash 1,375 1,151 1,211 1,291 1,726 25.5 33.7
CurrentAccount with
Bank Indonesia2,719 3,141 3,013 3,471 3,674 35.1 5.9
Secondary Reserves 15,161 17,262 17,906 20,542 19,289 27.2 -6.1
Loans-net 23,070 23,938 25,876 27,027 28,223 22.3 1.0
Fixed Asset-net 549 549 544 560 560 2 0
OtherAsset 571 626 776 928 977 71.1 5.28
Total Asset 43,446 46,667 49,326 53,819 54,449 25.3 1.2
7
Total Asset 43,446 46,667 49,326 53,819 54,449 25.3 1.2
Total Third Party
Fund32,341 34,026 36,255 40,409 39,227 19.4 -3.9
Marketable
Securities Issued1,746 3,741 3,741 3,742 2,743 57.1 -26.7
Fund Borrowings 13 12 12 12 174 13,384 14,500
Others 5,500 5,267 5,638 6,054 8,889 61.6 46.8
Total Liabilities 38,450 41,989 44,358 48,599 49,062 27.6 0.9
Total Equity 4,996 4,677 4,969 5,219 5,387 7.8 3.2
loans breakdown (bank only)
Segment
(Rp bn)4Q10 4Q11
YoY
(%)
Micro Loans 2,363 2,946 24.6
Consumer Loans 16,051 19,644 22.4
Commercial Loans 3,652 4,409 20.7
Total 22,066 26,998 22.3
1.9 2.2 2.4
2.5
2.7 2.9
2.9
3.4 3.7 3.7
3.7
4.2 4.6
4.4
15.0
20.0
25.0
30.0
(Rp
tr)
Consumer Loans Micro Loans Commercial Loans
8
Total 22,066 26,998 22.3
Currency
(Rp bn)4Q10 4Q11
YoY
(%)
IDR 22,066 26,794 21.4
Forex 0 204 -
16.2 16.5 16.1 16.8 18.1 18.7
19.6
-
5.0
10.0
deposits breakdown (bank only)
Deposits Breakdown
(Rp bn)4Q10 4Q11
YoY
(%)
Current Account 7,590 11,093 46.1
Saving Account 4,730 6,186 30.8
Time Deposit 18,871 19,977 5.9
TOTAL 31,191 37,255 19.44.4
10.810.3
7.6 10.0
10.0
10.811.1
25.0
30.0
35.0
40.0
45.0
Time Deposit Savings Account Current Account
9
TOTAL 31,191 37,255 19.4
CASA Ratio (%) 39 46
Currency
(Rp bn)4Q10 4Q11
YoY
(%)
IDR 30,865 36,951 19.7
Forex 326 304 -6.4
18.4 19.8 18.9 19.120.9
23.5
20.0
3.53.6 4.7 3.9
4.1
4.4
6.2
0.0
5.0
10.0
15.0
20.0
25.0
2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
(Rptr)
sharia business performance
Loans 4Q10 4Q11YoY
(%)
Murabahah – (Trading) 766.2 806.6 5.3
Ijarah 194.0 56.7 -70.8
Musyarakah 279.5 321.6 15.1
Mudharabah 199.5 183.0 -8.3
Qardh – (Bridging) 135.2 391.4 189.5
Ijarah – (Pawning) 28.9 6.8 -76.51.6 1.6
1.5 1.6
1.7
1.4
1.7
2.2
1.5
2.0
2.5
Total Financing Total Deposit
10
Total Financing 1603.4 1766.2 10.2
Funding 4Q10 4Q11YoY
(%)
Wadiah Current Account 131.7 175.0 32.9
Mudharabah Current
Account20.4 32.6 59.8
Wadiah Savings Account 39.6 71.9 81.6
Mudharabah Savings
Account148.2 167.9 13.3
Mudharabah Time Deposit 981.9 1771.1 80.4
Total Funding 1321.8 2218.5 67.8
1.3
1.1
1.4
-
0.5
1.0
1.5
4Q10 1Q11 2Q11 3Q11 4Q11
(Rp
tr)
earning asset
4Q10 4Q11
Earning Asset 38,246 47,591
Non Earning Asset 5,200 6,858
NIM 7.3 6.8
32
34
36
39
40
43
45
5.0
6.0
7.0
8.0
30
35
40
45
50
Average Earning Asset Net Interest Income
NIM
11
2.4 2.6 2.6 2.7 2.8 2.9 3.1
-
1.0
2.0
3.0
4.0
-
5
10
15
20
25 (%)
(Rp
tr)
16.6
24.0 59.3
0.2
Earning Asset Composition
Placement Marketable Securities Loans Others
assets quality
Gross NPL
(Bank only)4Q10 4Q11
Total
Write Off
(Rp bn)
Micro Loans 2.45 2.63 95
Consumer
Loans0.18 0.17 24
Commercial
Loans8.75 4.79 277
570
613
692
577
623600
730 729
789
541
100%
120%
140%
160%
180%
500
600
700
800
900
Absolute NPL Total Provisioning Coverage
12
Total Loans 1.84 1.21 396388
437 429
342
0%
20%
40%
60%
80%
100%
-
100
200
300
400
500
(Rp
bn
)
1.9 2.0
1.9
2.4 2.4 2.6
1.2
0.3 0.2 0.3 0.5
0.7 0.8
0.4
-
0.5
1.0
1.5
2.0
2.5
3.0
Gross NPL-company Net NPL-company
assets quality (bank only)
NPL Movement
330396
600
700
800
900
1000
Balance Sheet Provision Movement
312
396500
600
700
800
13
575508
0
100
200
300
400
500
Beginning Charge to
P&L
Write Off Ending
Balance
(Rp
bn
)
411
327
0
100
200
300
400
Beginning NPL
Formation
Write Off Ending
Balance
(Rp
bn
)
new loans approval process
Consumer Loans
Branch
Head
Sub Branch
Branch
Sub Branch
ScoringBranch
Debtors
Sub Branch
DebtorsScoring
14
Credit Proposal
Credit Approval
Four eyes
Group Head /
Regional
Office
Scoring
Consumer
DivisionRisk Reviewer
Regional
Office
Division
Max. Rp40bn
BOD
>Rp40bn
Scoring
BOD
new loans approval process
Micro Loans
Waroengbjb/
Sub Branch
/Branch
Cabang/Waroeng AKCP/Waroeng B
Waroeng C
Scoring
15
Credit Proposal
Credit Approval
Credit Risk Reviewer
Micro
DivisionRisk Reviewer
BOD
Division
BOD
Max. Rp 40bn
> Rp40bn
new loans approval process
Commercial
Group
Sub Branch
Branch
Sub Branch
Commercial
Branch Manager
(Risk Reviewer) Max. Rp500mn
Branch
Debtors
Sub Branch
Debtors
Commercial Loans
16
Credit Proposal
Credit Approval
Credit Risk Reviewer
Commercial
Center Risk Reviewer
Commercial
DivisionRisk Reviewer
BOD
Regional Office
Max. Rp2bn
BOD
>Rp40bn
Division
Max. Rp40bn
Approval Appeal
Head Office
Marketing
distribution network
bank bjb Distribution Network per Sept 2011
Categories 4Q11 Expansion Plan in 2012
Main Branches 51 5
Sub Branches 203 96
Cash Outlets 55 85
Payment Points 90 23
Waroeng bjb 0 429
Mobile Cash 7 4
Priority Banking Services 11 0
Sub Total 417 642
17
Sub Total 417 642
ATM 528 472
)*bjb ATM can accessed by more than 167.000 ATM Bersama, ATM
Prima/BCA, and Prima Debet Points
Main Branches Outside West Java & Banten are located in:
Jkt - Arthaloka Jkt – Hasyim Ashari Jkt – Mangga Dua Jkt - Rawamangun
Jkt – Kebayoran Baru
BatamMedan Denpasar Semarang
Makassar Pekanbaru Tegal Surabaya
Batam Balikpapan Solo Palembang
active asset liability management
6.6
6.7
6.8
6.9
7.0
13.6
13.7
13.8
13.9
14.0
Asset Yield (LHS) Cost of Fund (RHS)
Bank bjb asset yield fall by 23bps QoQ mainly due to falling BI
Rate and interbank market which now stands at ~3.75%
average. We are manage this falling yield by cutting the special
rate time deposit to 7.75 as of 4Q11 while paying bonds worth
Rp1tr (11.25% coupon rate). This policy has impacted our Cost
of Fund which fall by 20bps QoQ. We are planning to pay
Bonds VI worth Rp350bn (12% coupon rate) on July 2012.
18
Deposits
Breakdown (Rp
bn)
4Q10 1Q11 2Q11 3Q11 4Q11
Average
Earning Asset38,246 41,200 43,783 47,568 47,591
Asset Yield 13.5 13.3 13.5 13.5 13.3
Average
Interest Bearing
Liabilities35,930 39,449 42,121 46,022 45,366
Cost of Fund 6.4 6.6 6.9 6.9 6.7 6.0
6.1
6.2
6.3
6.4
6.5
6.6
13.0
13.1
13.2
13.3
13.4
13.5
13.6
2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11
(%)
(%)
operating expenses
76 76 77 78 79 80 79
48 49 47 46
50 50 51
40 45 50 55 60 65 70 75 80 85 90
(%)
Operating Income/Opex Cost to Income Ratio
Peaking up cost are due to network expansion and new hire
as we are establishing the micro loans infrastructure. We
expect the cost to peak on 2012 as naturally expansion and
hiring cost will come earlier before our new business start
generating interest income. We expect the Cost to Income
Ratio to reach 51% - 54% this year.
19
Opex Breakdown
(Rp bn)4Q10 4Q11
YoY
(%)1Q11 2Q11 3Q11 4Q11
QoQ
(%)
Salary (697) (763) 9.5 (132) (216) (163) (252) 54.6
G&A (556) (785) 32.2 (141) (187) (210) (247) 17.6
Others (122) (138) 13.1 (48) (27) (36) (27) -25.0
Total (1,374) (1,686) 22.7 (320) (430) (409) (526) 28.4
capital efficient business
Risk
Weighted
Asset4Q10 1Q11 2Q11 3Q11 4Q11
Credit Risk 15,753 16,815 18,102 19,215 19,940
Market Risk 15,999 16,976 18,260 19,449 20,207
Operational
Bank bjb has a capital efficient business model as our
consumer loans risk weight is low at 50%, while our plan
to expand our presence in micro loans also has a low
risk weight (75%) compared to commercial loans (100%
risk weight). Hence, we believe we could sustain our
capital generation/capital utilization going forward.
20
Operational
Risk18,415 21,477 22,761 23,950 24,708
RWA/Total
Asset42% 46% 46% 45% 45%
tier-1 4,278 4,274 4,415 4,539 4,552
tier -2 (71) (59) (43) (31) (16)
Total Capital 4,207 4,215 4,372 4,508 4,536
CAR Ratio 22.8% 19.6% 19.2% 18.8% 18.4%
CARAnalysisRisk
Weighting
Addition to
RWA/
Rp1tr Net
Expansion
Net Impact
to CAR
Micro Loans 75% Rp750bn -0.54%
Commercial Loans 100% Rp1tr -0.72%
Consumer Loans 50% Rp500bn -0.37%
growing customer based
Details 4Q10 4Q11YoYGrowth
(%)
GovernmentRelated 22.9% 23.5% 25.1
Retail Clients 21.7% 24.9% 40.2
CorporateClients 55.4% 51.6 13.9
Customer Deposit Breakdown
Number of Account Breakdown
21
Details 4Q10 4Q11 Growth YoY%
GovernmentRelated 16,075 15.965 (110) -0.7
Retail Clients 1,108,082 1,373,793 265,711 24.0
CorporateClients 169,000 170,237 1,237 0.7
Total 1,293,157 1,559,995 266,838 20.6
Number of Account Breakdown
performances by area
Consolidated Breakdown Deposits Loans Number of Branches
Sharia 2,219 (5.7%) 1,732 (6.1%) 7
Conventional 37,008 (94.3%) 26,491 (93.9%) 51
Bank bjb Geographical Present (bank only)
Bank bjb Business Segment (Consolidated)
22
Geographical Breakdown Deposits Loans Number of Branches
West Java 59.0% 77.8% 30
Banten 14.1% 14.8% 7
Jakarta 24.4% 5.6% 5
Others 2.5% 1.8% 9
Bank bjb Geographical Present (bank only)
2012 target summary
Target Range
Loans Growth 22% - 25%
Deposit Growth 15% - 18%
ROAA 1.8% - 2.0%
ROAE 18% - 20%
23
NIM 6.8% - 7.2%
Cost of Fund 6.4% - 6.7%
Cost to Income Ratio 51% - 54%
Gross NPL 1.2% - 1.7%
Credit Cost 1.0% - 1.4%
CASA Ratio 40% - 45%
road map
A Strong Sustainable Growth and Profitable National Bank
2011-2012 2013-2014 2015
Building/Establishment
New InfrastructuresLeading in Service
As One of the Big Banks
A National Bank
Leading in Service and
PerformanceStrategy
StrategyStrategy
24
Leading in Service and
Performance National Bank
Developing HR
Competence, IT
Infrastructure,
and organization for :
o Micro & SME
Financing
o Consumer &
Commercial Banking
o Treasury &
International
Matching the 10 Biggest
Banks in areas :
o HR competence/ IT
o Services
o Bank bjb `incorporated`
Leading in Service and
Performance National Bank
business and strategic alliances
A Strong Sustainable Growth and Profitable National Bank
SME / Micro Financing
Institutional &
Commercial Banking
Consumer Loans
Consumer Deposit
Treasury and International
Subsidiary Companies
oDeepening Our
Presence on West oImproving Loans
Process
oStrengthening Our
Position on Civil oRebranding oProviding Trade oAcquisition of
Insurance and
Sustainable Profit and Growth
25
Presence on West
Java and Banten Area
oDeveloping Waroeng
BJB
oMSME Financial
Intitution Strategic
Alliances and
Acquisition
Process
oRisk Management
and Debtor
Rating System
Position on Civil
Servant Loans
oCentralized and
Electronic Loans
Infrastructure
oMulti-finance
Company
Acquisition
oRebranding
, Network
Expansion and
Service
Excellence
oAggressive Sales
and Promotion
oPricing Strategy
oProviding Trade
Finance, Remittances,
and Dealing Services
for Customers and
Investors.
o Strategic Alliances
with coresponden
Bank Remittance
Agencies
Insurance and
Securities
Companies to
Provide All-in-
One Banking
Services
Risk Management
and Compliance
Improving HR Competencies
Through Extensive Training
Program & Professional Hire
Program
Developing IT
Infrastructure and e-
banking Services
Network Expansion
and Services
Improvement
Enhance
Communication
with Investors
Support Strategy
new credit management initiatives
Credit Risk
In effort to manage our asset quality going forward, we establish Credit
Policy Committee and Credit Risk Reviewer Division along with existing
Asset Liability Committee (ALCO). These three body will synergize to
maintain bank bjb competitiveness on loans market while maintain the
underwriting policy.
Credit Policy Committee
- Loans terms and condition
- Loans approval process
- Loans approval authority
26
Credit Policy Committee
Credit Risk Reviewer
- Loans approval authority
- Loans limit
ALCO
- Fund pricing
- Loans pricing
- Balance sheet structure management
- Cost of fund management
Credit Risk Reviewer
-Four eyes principle
-Enhance risk management
information technology initiative
IT Strategic Plan 2012
• IT Strategic Plan 2012 – 2015 Development
Our IT Division will develop new IT Strategic Plan which is inline with bank bjb strategy going
forward. The new strategic plan will act as a guidance for IT policies which include the
business risk management.
• Internet & SMS Banking
Bank bjb is going to launch its internet and SMS banking services on 2012. Both are on process to get
BI approval.
• Data Center Re-Layout
• Server & Storage Consolidation (system-i/system-p)
27
• Server & Storage Consolidation (system-i/system-p)
• Chip Based ATM Card Migration
Along with the new BI Circular Letter no. 13/22/DASP on Chip Technology Implementation
and PIN Usage for ATM/Debit Card, IT Division wil l start establ ishing team on migration
effort. The migration grace period wil l end on 2015.
• Core Banking Upgrade
Along with our business growing demand for IT support, IT division wil l upgrade the core
banking system through server consolidation and maximization.
• Misys Cash Portal (MCP) & Misys Trade Portal Project
To support our growing business segment, IT division plans to develop cash management
and remittance/trade f inance IT technologies.
Risk Management Committee
Bank Indonesia released Circular Letter no.13/24/DPNP on
25th October 2011 which require banks to asses its own risk
profile through Risk Based Bank Rating Approach (RBBR)
both individually and on consolidated basis. The new risk
management initiatives include several factor: Risk Profile,
Good Corporate Governance, Earnings, and Capital.
To comply with this new regulation, bank bjb established
Credit Risk
Market Risk
Compliance
Risk
enterprise risk management initiatives
28
To comply with this new regulation, bank bjb established
Risk Management Committee (RMC) to assess and establish
risk management policy on bank wide basis. RMC assess the
risk profile of the bank and define 8 (eight) risk category
based on operational activity of the bank.
RMC also establish assessment methodology, and risk
mitigation plans for each risk category.
Risk Profile
Liquidity Risk
Operational Risk
Legal Risk
Strategic Risk
Reputational Risk
risk profile
Risk Type RiskWeight 2Q11 3Q11 4Q11
Credit 22% Low to Moderate Low to Moderate Low
Market 15% Low Low Low
Liquidity 18% Low Low Low to Moderate
Low to Moderate Low to Moderate Low to Moderate
29
Operational 15%Low to Moderate Low to Moderate Low to Moderate
Legal 10%Low to Moderate Low to Moderate Low to Moderate
Reputational 10% Low Low Low
Strategic 5% Low Low Low
Compliance 5% Low Low Low
Aggregate 100% Low Low Low
human capital
Positions 4Q10 1Q11 2Q11 3Q11 4Q11
Board of Commissioners 5 5 5 5 5
Directors 5 4 4 6 6
Top Management 20 19 20 19 20
Middle Management 120 137 150 130 160
30
First Line Management 544 720 744 780 824
Staff 1350 1107 1,202 1,164 1,097
Employee in Pension
Preparation14 13 10 9 9
Total Permanent 2,058 2,005 2,146 2,113 2,121
Non Permanent 2,982 3,245 3,417 3,566 3,887
Total 5,040 5,250 5,563 5,679 6,008
GCG initiatives
Gratifications Controlling Unit
Better GCG Implementation
bank bjb is the first banks who is signing MoU with KPK on gratification and wealth reporting for structural employee.
31
Policies
Gratification Control Procedure
Code of ConductWhistle Blowing
System“LHKPN” Reporting
Gratifications Controlling Unit Establishment
Gratifications Controlling Unit
Starting from May 20, 2011
awards
• Bandung Service Excellence Award, The Best Bandung Service Excellence
Champion, Category: Conventional Banking
• Investor Awards, Best Listed Company, The Best Performance IPO
• Corporate Image Awards 2011, Indonesia’s Most Admired Company, Category
Regional Government Bank
• Infobank Awards, Bloomberg Businessweek, “Very Good” on 2010 Financial
Performances
2011
2010
32
Champion, Category: Conventional Banking
• Investor Award, Best CEO, Category: Regional Bank
• Infobank Platinum Award for BPD (1st Best ATM, 1st Best Security, 2nd Best Phone
Handling, 3rd Overall performance)
• Tempo Award, The Best performance Award of Indonesian Bank (Regional Dev.
Bank Award)
• Bisnis Indonesia, The Best Regional Development Bank
• Bisnis Indonesia, Efficiency Award
2009
ownership
Ownership Structure (%)
Founder (A Series) 75.00
West Java Provincial Government 38,26
West Java Municipal Governments 23,61
Banten Provincial Government 5,37
Banten Municipal Governments 7,76
West Java Provincial Government
West Java Municipal Government
Banten Provincial Government
Banten Municipal Government
Public (B Series)
33
Banten Municipal Governments 7,76
Public (B Series) 25,00
Local Retail 8.76
Local Institution 11.32
Foreign Retail 0.03
Foreign Institution 4.89
38.26
23.61
5.37
7.76
25
board of commissioners
from left to right :
Klemi Subiyantoro
Independent Commissioner
Previously:
Independent Commissioner of bank bjb
(2008 - 2011)
Achmad Baraba
Independent Commissioner
Previously:
Independent Commissioner of bank bjb
(2007 - 2011)
Agus Ruswendi
President Commissioner
Previously:
34
Previously:
President Director - bank bjb
(2007-2011)
Muhadi
Commissioner
Previously:
Commissioner of bank bjb
(2008-2011)
Yayat Sutaryat
Independent Commissioner
Previously:
Independent Commissioner of Citra Bangun Selaras
(2010- 2011)
board of director
Bien Subiantoro
President Director
Previously: Senior Advisor Bank
Mandiri, Managing Director of BNI,
2003 – 2010
from left to right :
Shahyohan Johnny Azis
Director
Previously: Division Head of Network
and Services BNI, Division Head of
International Banking BNI
Zaenal Aripin
Director
35
Director
Previously: Division Head of Strategic
Planning bank bjb, Head of Change
Management Office bank bjb
Arie Yulianto
Director
Previously: Division Head of Micro
Banking bank bjb, Division Head of
Legal, Compliance and Risk
Management bank bjb
Entis Kushendar
Director
Previously: Commercial Banking
Director of bank bjb, Division Head of
General Administration bank bjb
share prices performance
1200
1400
1600
1800
2000
500
600
700
800
Volume Price
Investor Relations Group
Menara bank bjb 7th Floor
Jl. Naripan 12 – 14
Bandung 40111
+6222 4234868 ext 7140/7141
36
0
200
400
600
800
1000
0
100
200
300
400
Jul-
10
Au
g-1
0
Se
p-1
0
Oct
-10
No
v-1
0
De
c-1
0
Jan
-11
Fe
b-1
1
Ma
r-1
1
Ap
r-1
1
Ma
y-1
1
Jun
-11
Jul-
11
Au
g-1
1
Se
p-1
1
Oct
-11
No
v-1
1
De
c-1
1
Jan
-12
Fe
b-1
2
Ma
r-1
2
+6222 4234868 ext 7140/7141
Contact Person:
Hanel Topada
Group Head
Irwan Riswandi
Senior Manager
Muhammad As’adi Budiman
Manager
www.bankbjb.co.idwww.bankbjb.co.id