Jakarta, 7 May 2026 – The Annual General Meeting of Shareholders (AGMS) of PT Bank Jago Tbk has officially approved the company’s annual report for the 2025 fiscal year. The meeting also finalized the composition of the Board of Directors and Board of Commissioners for the 2026–2029 term.
During the AGMS, the management of Bank Jago highlighted the company’s positive achievements throughout 2025. As a tech-based bank focusing on innovation and digital ecosystem collaboration, Bank Jago has maintained consistent, high-quality growth across its customer base, third-party funds, and loan disbursement.
By the end of 2025, the number of Bank Jago customers reached 18.2 million, including 14.2 million funding customers using the Jago App. The increase in the number of customers went hand-in-hand with the growth of third-party funds and loan disbursement.
Throughout 2025, the amount of third-party funds collected by Bank Jago reached Rp25.9 trillion, growing 38% compared to the previous year's achievement of Rp18.8 trillion. Meanwhile, total loans disbursed reached Rp24.3 trillion, a 38% increase from 2024 disbursements of Rp17.7 trillion.
This positive combination affected Bank Jago's net profit after tax as of December 2025, which increased 115% to Rp276 billion from a profit of Rp129 billion in 2024. Meanwhile, total assets reached Rp36.5 trillion, up 28% compared to the 2024 achievement of Rp28.5 trillion.
"We appreciate all customers, partners, and other Bank Jago stakeholders for their trust and collaboration so far. The 2025 achievements continue to motivate us to innovate and collaborate in providing financial products and services that can enhance the lives of millions of customers in Indonesia," said Bank Jago President Director Arief Harris.
The AGMS also agreed on the appointment of Nicholas Tan as Director of the Company for the 2026-2029 term, effective after obtaining approval from the Financial Services Authority (OJK).
Nicholas is a graduate of Brown University, USA, and earned a doctorate from the University of Cambridge, UK. He began his career in the financial technology (fintech) industry at OneConnect Financial Technology, Singapore in 2018-2021 after working at startup companies and business consultancies. Nicholas joined Bank Jago in January 2025 as Bank Jago's Head of Retail Banking Business.
"Nicholas will play a larger role in growing Bank Jago's retail business into the next phase of growth. We believe Nicholas' presence can strengthen Bank Jago's leadership in the national digital banking industry," said Arief.
With the appointment of the new director, the AGMS established the latest line-up of Bank Jago's directors for the 2026-2029 term as follows:
- President Director: Arief Harris
- Compliance Director: Tjit Siat Fun
- Director: Sonny C. Joseph
- Director: Umakanth Rama Pai
- Director: Supranoto Prajogo
- Director: Nicholas Tan
***
About Bank Jago
Specifically built as a tech-based bank embedded within Indonesia’s digital ecosystem, Bank Jago aspires to enhance the growth of millions through life-centric digital financial solutions. Bank Jago develops banking products and services, both conventional and sharia, that can be used by everyone, including retail (consumers), mass market, and micro, small, and medium enterprises (MSMEs).
Bank Jago develops Jago App, which is designed to be embedded within various digital ecosystems, and can be customized and personalized so it can be compatible with their ecosystems, and also with the users’ personal needs. The collaborations with various ecosystems enable users to live their life more conveniently.
For further information please contact:
Marchelo
Corporate Communication
PT Bank Jago Tbk
