Prime Lending Rate
Prime Lending Rate Rupiah PT. Bank Jago, Tbk
Effective Date 1 December 2024
(effective % per annum)
| Period: October 2024 |
Non-UMKM Loan | UMKM Loan | Housing Loan |
Non-Housing Loan |
|||
|---|---|---|---|---|---|---|---|
| Corporate | Retail | Medium | Small | Micro | |||
| Cost of Fund (HPDK) (%) | 3.92 | 3.92 | 3.92 | 3.92 | 3.92 | N/A | 3.92 |
| Overhead Cost (%) | 1.62 | 1.66 | 1.96 | 1.90 | 1.65 | N/A | 3.32 |
| Profit Margin (%) | 2.00 | 2.75 | 2.50 | 3.00 | 4.00 | N/A | 4.00 |
| Prime Lending Rate (SBDK) (%) (HPDK + Overhead + Margin) | 7.54 | 8.33 | 8.38 | 8.82 | 9.57 | N/A | 11.24 |
| Category | Loan Category Definition | Indicator/Criteria for Loan Category |
|---|---|---|
| Corporate | Productive Loan given to Business Entities or Companies that meet the corporate segment criteria at Bank Jago | Productive Loan, Plafond >= IDR 50 billion |
| Retail | Productive Loan given to Individual and Business Entities or Companies that is not included in the Corporate segment classification in the segmentation provisions in Bank Jago, but are not included in the Medium, Small and Micro Segments defined in POJK 13/2024. | Productive Loan, Plafond < IDR 50 billion |
Note:
- Prime Lending Rate (SBDK) is determined by Banks based on various factors, including the reference interest rate set by regulators, cost of funds, overhead costs, profit margin, and economic growth.
- Prime Lending Rate (Suku Bunga Dasar Kredit – SBDK) is used as the basis for determining lending rate to be charged by Bank to customers. Prime Lending Rate does not include the estimated individual credit risk premium of which depends on the Bank’s risk assessment on each individual debtor or group debtors. Thus, the lending rate for each debtor might be different from The Prime Lending Rate.
- Prime Lending Rate (SBDK) for Non Housing Loan is Prime Lending Rate for Consumptive Loan other than Housing Loan, which include Auto Loan, Credit Card, and Uncollateralized Credit (Kredit Tanpa Agunan).
- Information of the current prime lending rate is also available at our branches and PT Bank Jago Tbk website (www.jago.com).
Historical Data
| Effective Period | Non-UMKM Loan | UMKM Loan | Housing Loan |
Non-Housing Loan |
|||
|---|---|---|---|---|---|---|---|
| Corporate | Retail | Medium | Small | Micro | |||
| Effective 1 November - 30 November 2024 | 7.57 | 8.10 | 8.19 | 8.75 | 9.40 | N/A | 11.29 |
| Effective 1 October - 31 October 2024 | 7.79 | N/A | 9.92 | 9.92 | 9.98 | N/A | 11.75 |
