The President Director of J Trust Bank, Ritsuo Fukadai stated that although this year will still be filled with challenges and uncertainties, J Trust Bank is optimistic about the business prospects going forward, along with increasing national economic growth. J Trust Bank will continue to focus on realizing business plans, achieving sustainable growth and making positive contributions to the community and society
PT Bank JTrust Indonesia Tbk (J Trust Bank) remains optimistic that the company's performance will continue to grow positively this year even though it is currently still recovering due to the Covid-19 pandemic.
J Trust said that the performance until the first quarter of 2022 was also considered quite satisfactory. Performance as of the end of December 2021, loans grew 24 percent, namely Rp. 12.41 trillion from the previous Rp. 10.01 trillion, while deposits grew by 9 percent to reach Rp. 17.45 trillion from the previous Rp. 15. 95 trillion.
Meanwhile, in terms of capital, J Trust Bank has fulfilled the bank's minimum core capital of at least Rp. 2 trillion, which is sourced from the capital deposit of the bank's controlling shareholders, so that the bank's capital structure is getting stronger with a minimum capital adequacy ratio of 13.88 percent in the first quarter. /2022.
In addition, J Trust Bank's liquidity conditions also remained adequate, with a liquidity adequacy ratio of 161.37 percent as of March 2022, an increase compared to the same period the previous year of 151.95 percent.
President Director of J Trust Bank, Ritsuo Fukadai stated that although this year will still be filled with challenges and uncertainties, J Trust Bank is optimistic about the business prospects going forward, along with increasing national economic growth.
"J Trust Bank will continue to focus on realizing business plans, achieving sustainable growth and making positive contributions to the community and society," he said as quoted in an official broadcast on Thursday (9/6).
In line with improving business performance, J Trust Bank continues to strengthen its commitment to corporate social responsibility (CSR) which is in line with sustainable finance and ESG ( economy, social, governance ) aspects.
J Trust Bank's commitment to CSR implementation is evidenced by an increase in the allocation of CSR funds by 35% in 2021 compared to the previous year. Until June 2022, J Trust Bank has implemented various CSR activities oriented to improving children's health and education, responding to disasters and humanity.
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