Jakarta, 29 October 2025 – PT Bank Jago Tbk once again recorded consistent business growth through the end of the third quarter of 2025. Continuous innovation and strong collaboration with digital financial ecosystems have driven Bank Jago’s performance across various areas, including customer acquisition, third-party funds collection, and lending.
As of the end of Q3-2025, Bank Jago had 18.6 million customers, including 14.5 million funding customers using the Jago and Jago Syariah Apps. This represented an increase of more than 4.5 million from 14.1 million customers in the same period last year.
The growing number of funding customers aligned with an increase in third-party funds, which reached IDR 23.9 trillion by the end of September 2025, up 41% from IDR 17 trillion a year earlier.
“These positive results are a testament to the tangible value created through innovation and collaboration with various digital financial ecosystems. Through the digital financial solutions we provide, many customers are empowered to manage their finances and lives more effectively,” said Arief Harris Tandjung, President Director of Bank Jago.
Collaborations with a wide range of partners, including digital ecosystems and platforms, financing companies, and other financial institutions, also contributed to loan growth. Bank Jago recorded total loans of IDR 23.5 trillion as of September 2025, growing 36% from IDR 17.3 trillion a year earlier. Loan disbursement continued to apply prudent risk management principles, as reflected in the low gross non-performing loan (NPL) ratio of 0.4%, well below the national banking average.
Healthy loan growth drove total assets to IDR 34.5 trillion as of September 2025, up 28% from IDR 26.8 trillion in September 2024. With positive growth in both DPK and lending, Bank Jago posted a net profit after tax of IDR 199 billion for the first nine months of 2025, increasing 132% from IDR 86 billion in the same period last year.
The loan-to-deposit ratio (LDR) stood at 98%, supported by a capital adequacy ratio (CAR) of 32.9%, reflecting healthy liquidity and a strong capital position to support future business growth.
“We are grateful to maintain a sustainable balance between growth and profitability. This continues to motivate us to innovate and collaborate in delivering digital financial products and services that enhance the lives of millions of customers in Indonesia,” Arief concluded.
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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
