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Bigger, Stronger, Better bank bjb 3Q17 Company Report

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Bigger, Stronger, Betterbank bjb

3Q17 Company Report

Macroeconomic

Source: Bloomberg Source: Bloomberg

Source: Bloomberg Source: Bloomberg

Stable Consumer Confident Index BI 7 Day Reverse Repo Rate at 4.25%

IDR Appreciated Againts USDInflation Reached 3.72% YoY in September

2

0123456

012345678

(%)

(%)

GDPGrowth (LHS) 7DayRR(RHS)

020406080

100120140

Index(points)

Consumer Confidence Index

02468101214

(%)

CPI 1MJIBOR

024681012

6000

8000

10000

12000

14000

Yield(%)

USD

IDR

USDIDR 10YrGovtBond

3

Banking Sector

Aug ’16 Aug ’17 YoY (%)

Total Loans 4,177 4,527 8.38

Total Deposit 4,610 5,052 9.6

LDR 90.04 89.17 -0.87

NPL 3.22 3.05 -0.17

ROA 2.36 2.47 0.11

NIM 5.59 5.35 -0.24

As of Aug 17, banking sector data shows:

• Loans +8.38%YoY to Rp4,527 tr (Investment loans +6.99%

YoY, working capital +7.81% YoY, consumer loans +10.18%

YoY)

• Deposit 9.60% YoY to Rp5,052 tr (CASA +8.53% YoY, Time

Deposit +10.85% YoY, CASA Ratio 53.37%)

• NPL -0.17% YoY to 3.05%

• ROA +0.11% YoY to 2.47%

Source: SPI OJK

Source: SPI OJK

-5

10152025303540

InvestmentLoans WCLoans Consumer Loans

-

5.0

10.0

15.0

20.0

25.0

30.0

YoYGrow

th(%)

LoansGrowth

Result Summary

4

• Net Interest Income at Rp 4.7 tr (+3.5% YoY)• PPOP at Rp 2.0 tr (-4.1% YoY)• LLP at Rp 543 bn (+3.0% YoY)• Net Income at Rp 1.1 tr (-8.0% YoY)

Income Statement

• Total Loans at Rp 70.8 tr (+12.0% YoY)• Total Financing at Rp 5.4 tr (+2.1% YoY)• Total Deposits at Rp 92.3 tr (+18.2% YoY)• Total Asset at Rp 114.2 tr (+12.5% YoY)

Balance Sheet

• NIM at 6.7% (-49 bps YoY)• ROA (Net) at 1.7% (-34 bps YoY)• ROE (Net) at 17.1% (-460 bps YoY)• NPL (Gross) at 1.5% (-20 bps YoY)

Ratios(bank only)

Target vs. Realization

5

(%) Target 3Q’16 4Q’16 1Q’17 2Q’17 3Q’17

Loans Growth 13% -14% 15.7 14.2 13.6 12.9 11.9

Deposit Growth 12% - 13% -5.2 16.1 4.9 15.9 18.6

ROA (net) 1.5% - 2.0% 2.1 1.7 1.8 1.8 1.7

ROE (net) 15% - 20% 21.7 17.6 17.3 17.3 17.1

NIM 6.5% - 7.0% 7.2 7.4 6.5 6.8 6.7

Cost of Fund 5.0% - 5.3% 5.0 4.9 5.3 5.1 5.1

Cost to Income Ratio 60% - 65% 64.1 67.4 68.9 64.2 64.3

Gross NPL 2.0% - 2.5% 1.7 1.7 1.6 1.6 1.5

CASA Ratio 56% - 60% 54.7 46.6 48.7 50.4 46.4

Income Statement

6

Income Statement (Rp bn)

Positioning YoY(%)

YoY3Q’16 3Q’17

Interest Income 7,948 8,511 7.1% 563

Interest Expense 3,449 3,853 11.7% 404

Net Interest Income 4,498 4,658 3.5% 159

Fee Based Income 461 546 18.5% 85

Operating Expense 3,050 3,312 8.6% 261

Gain (Loss) on Financial Statement 144 77 -46.9% (68)

PPOP 2,053 1,969 -4.1% (84)

Loan Loss Provision (528) (543) 3.0% (16)

Non Operating Income (Expense) (50) (59) 19.0% (9)

PBT 1,476 1,366 -7.4% (110)

Tax Expense 312 295 -5.5% (17)

Net Income 1,164 1,071 -8.0% (93)

Balance Sheet

7

Balance Sheet(Rp bn) 3Q’16 4Q’16 1Q’17 2Q’17 3Q’17 YoY

(%)

Cash 1,978 2,215 1,803 3,448 1,789 -9.5%

Current Account with Bank Indonesia

5,109 5,516 5,555 5,675 5,538 8.4%

Secondary Reserves 22,310 22,255 25,442 21,819 26,744 19.9%

Loans - net 62,581 62,755 62,474 67,641 70,297 12.3%

Financing - net 4,833 4,651 4,540 4,700 4,461 -7.7%

Fixed Asset - net 2,451 2,740 2,735 2,862 2,867 17.0%

Other Asset 2,306 2,186 2,216 2,454 2,516 9.1%

Total Asset 101,568 102,318 104,764 108,600 114,213 12.5%

Total Third Party Fund 78,117 78,483 84,391 85,376 92,327 18.2%

Marketable Securities Issued

1,122 2,312 2,312 2,312 2,312 105.9%

Fund Borrowings 7,324 6,541 6,501 6,488 7,765 6.0%

Repo 3,923 2,671 - 2,913 - -

Others 1,428 2,638 2,305 1,781 1,836 28.6%

Total Liabilities 91,915 92,644 95,508 98,871 104,240 13.4%

Total Equity 9,653 9,674 9,257 9,730 9,973 3.3%

Key Ratios (bank only)

8

Key Ratios 3Q’16 4Q’16 1Q’17 2Q’17 3Q’17

Profitability

ROA (net) 2.1 1.7 1.8 1.8 1.7

ROE (net) 21.7 17.6 17.3 17.3 17.1

Cost Ratios

Cost to Income Ratio 64.1 67.4 68.9 64.2 64.3

Expenses Ratio 77.4 82.7 79.1 80.2 80.5

Yield

Asset Yield 12.2 12.3 11.7 11.9 11.8

Cost of Fund 5.0 4.9 5.3 5.1 5.1

NIM 7.2 7.4 6.5 6.8 6.7

LDR 86.3 86.7 80.2 85.9 81.5

Asset Quality

Special Mention Loans 2.3 1.7 2.4 2.8 2.7

Gross NPL 1.7 1.7 1.6 1.6 1.5

Net NPL 0.7 0.7 0.9 0.9 0.9

Coverage Ratio 62.4 61.1 51.2 50.8 49.7

Provision/Total Loans 1.1 1.0 0.8 0.8 0.8

Capital

CAR 18.1 18.4 17.0 16.3 16.4

Loans Breakdown (bank only)

9

Segment (Rp bn) 3Q’16 3Q’17 YoY

(%)

Consumer 42,824 46,776 9.2%

Micro 3,458 4,650 34.5%

Commercial 12,269 14,034 14.4%

Mortgage 4,472 5,077 13.5%

Total Gross Loans 63,023 70,537 11.9%

Currency(Rp bn) 3Q’16 3Q’17 YoY

(%)

IDR 62,622 70,149 12.0%

Forex 401 388 -3.2%

37.2 38.2 39.7 41.4 42.8 44.2 45.1 46.2 46.8

3.6 3.3 3.2 3.4 3.5 3.5 3.8 4.4 4.6

9.2 9.2 7.8 10.8

12.3 10.8 9.2 12.4

14.0

4.5 4.5 4.5

4.5 4.5 4.6 4.7

4.9 5.1

0

10

20

30

40

50

60

70

80

(Rp

tr)

Consumer Micro Commercial Mortgage

Consumer Loans

10

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding 42,824 46,776 9.2%

Net ExpansionYtD

(Rp bn)4,606 2,551 -44.6%

Avg. Loans Outstanding

(Rp mn)111 115 3.5%

No of Account 385,549 406,797 5.5%

Interest Rate 14.50%-16.25% eff. p.a

Asset Quality 3Q’16 3Q’17 YoY(%)

Special Mention 0.70 1.63 +0.93

NPL 0.09 0.24 +0.15

33.7 34.3 35.2 35.8 36.1 36.6 36.6 36.9 37.1

3.6 3.9 4.5 5.6 6.7 7.6 8.5 9.3 9.7

0.11 0.09

0.15

0.10 0.09 0.07 0.08

0.17

0.24

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

0

5

10

15

20

25

30

35

40

45

50

(%)

(Rp

tr)

Civil Servant Loans (LHS) Pensioner Loans (LHS)

NPL (RHS)

Micro Loans

11

Asset Quality 3Q’16 3Q’17 YoY(%)

Special Mention 3.2 1.0 -2.1

NPL 12.2 5.5 -6.6

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding 3,458 4,650 34.5 %

Net ExpansionYtD

(Rp bn)128 1,120 775.1 %

Avg. Loans Outstanding

(Rp mn)100 163 63.4 %

No of Account 34,667 28,533 -17.7 %

Interest Rate* 8.7% - 27.2% eff. p.a.

1.7 1.4

1.2 1.2 1.2 1.3 1.4

1.6 1.8

0.8

0.6 0.5

0.3 0.2 0.2 0.2

0.1 0.1

1.1

1.3 1.5 1.9 2.0 2.0

2.2

2.6 2.7

0.0

5.0

10.0

15.0

20.0

25.0

30.0

-

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

(%)

(Rp

tr)

KMU (LHS) Govt Program (LHS)

Others (LHS) NPL (RHS)

Commercial Loans

12

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding 12,269 14,034 14.4 %

Net ExpansionYtD

(Rp bn)3,023 3,202 5.9%

Avg. Loans Outstanding

(Rp mn)1,584 1,830 15.6 %

No of Account 7,747 7,668 -1.0 %

Interest Rate 8.3% -15.5% eff. p.a

Asset Quality 3Q’16 3Q’17 YoY(%)

Special Mention 2.2 2.7 +0.5

NPL 2.9 2.9 -

6.0 6.0 4.7

7.5 9.1

7.7 6.0

8.8

10.6

1.7 1.8

1.8

1.8

1.8

1.8

1.7

1.8

1.6

1.4 1.4

1.4

1.5

1.4

1.4

1.4

1.8

1.8

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

11.0

12.0

13.0

14.0

15.0

-

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

(%)

(Rp

tr)

Working Capital (LHS) Investment (LHS)

Syndicated (LHS) NPL (RHS)

Mortgage Loans

13

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding 4,472 5,077 13.5 %

Net ExpansionYtD

(Rp bn)(35) 520 -

Avg. Loans Outstanding

(Rp mn)229 212 -7.2 %

No of Account 19,545 23,921 22.4 %

Interest Rate 7.0% - 13.5% eff. p.a.

Asset Quality 3Q’16 3Q’17 YoY(%)

Special Mention 16.5 13.8 -2.7

NPL 6.1 6.0 -0.2

4.47 4.51 4.49

4.46 4.47

4.56

4.70

4.89

5.08

-

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

11.0

12.0

13.0

14.0

15.0

4.10

4.20

4.30

4.40

4.50

4.60

4.70

4.80

4.90

5.00

5.10

5.20

(%)

(Rp

tr)

Mortgage Loans (LHS) NPL (RHS)

Deposit Breakdown (bank only)

14

Deposits Breakdown

(Rp bn)3Q’16 3Q’17 YoY

(%)

Current Account 27,252 25,682 -5.8%

Saving Account 12,650 14,461 14.3%

Time Deposit 33,097 46,406 40.2%

TOTAL 72,999 86,550 18.6%

CASA Ratio (%) 54.7 46.4 -8.3

Currency(Rp bn) 3Q’16 3Q’17 YoY

(%)

IDR 72,302 85,998 18.9%

Forex 697 552 -20.9%

29.5

18.6

29.3 26.0 27.3

17.124.8 24.2 25.7

10.2

14.3

11.412.5 12.6

16.8

13.3 15.6 14.5

37.4

29.8

33.8

29.733.1

38.9

40.1 39.246.4

0

10

20

30

40

50

60

70

80

90

100

(Rp

tr)

Current Account Savings Account Time Deposit

15

Special Mention Loans

109 101 151 149 298

184

501 696 761

389 281 234

155

109

75

62

76 47

286

106 109 271

272

227

278

336 377

729

720 723 706

739 579

694 776

702

-

0.5

1.0

1.5

2.0

2.5

3.0

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

Spec

ial M

entio

n/To

tal L

oans

(%)

Abso

lute

Spe

cial M

entio

n Lo

ans (

Rp b

n)

Consumer (LHS) Micro (LHS) Commercial (LHS)

Mortgage (LHS) % to Loans (RHS)

7 8 12 12

21 17

33 37 40 26 23

19 12

8 7

4 4

3 19

9 9 21 19

21

18 18

20

48 60 59

55 52 54 45

41 37

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Spec

ial M

entio

n Co

ntrib

utio

n (%

)

Consumer Micro Commercial Mortgage

Absolute Non Performing Loans

16

40 34 58 40 39 31 37 81 113

968

754 674 488 421

338 287 278 257

567

526 463

378 355

362 378 381 403

340

298

373

311 274

335 315 326 302

-

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

-

500

1,000

1,500

2,000

2,500

Non

Per

form

ing

Loan

/Tot

al L

oans

(%)

Abso

lute

Non

Per

form

ing

Loan

s (Rp

bn)

Consumer (LHS) Micro (LHS) Commercial (LHS)

Mortgage (LHS) % to Loans (RHS)

2 2 4 3 4 3 4 8 11

51 47 43

40 39 32 28

26 24

30 33

30 31 33

34 37 36 37

18 18 24 26 25

31 31

31 28

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

NPL

Con

tribu

tion

(%)

Consumer Micro Commercial Mortgage

Yield Analysis

17

Asset Yield(%)

3Q’16 3Q’17

Placement to Bank Indonesia 1.7 2.4

Interbank Placement 3.3 3.3

Securities 7.2 6.9

Loans Yield 14.7 14.3

Others - -

Cost of Fund(%) 3Q’16 3Q’17

Interbank Liabilities 5.2 4.8 Securities 9.0 9.7

Deposits From Customers 4.8 4.9

Current Account 2.0 1.8

Time Deposit 7.9 7.4

Savings Account 1.6 1.6 Loans received 5.2 5.4

Placement to BI

10.6% Interbank Placement

2.3%

Marketable Securities

12.7%

Loans72.9%

Others1.4%

Current Account26.9%

Savings Account15.1%

Time Deposit48.5%

Interbank Lending7.0%

Bonds2.4%

Capital Adequacy

18

Risk Weighted Asset (RWA)

3Q’16 3Q’17 YoY(%)

Total RWA 46,108 52,760 14.4 %

Credit Risk 36,299 42,730 17.7 %

Operational Risk 9,157 9,157 -

Market Risk 652 873 34.0 %

RWA/Total Asset 48.2% 49.0% +0.8%

tier-1 7,901 8,097 2.5 %

tier -2 454 534 17.7 %

Total Capital 8,355 8,631 3.3 %

Tier-1 CAR 17.1% 15.3% -1.8%

Total CAR 18.1% 16.4% -1.8%

CAR Analysis RiskWeighting

Addition to RWA/

Rp1tr Net Expansion

Net Impact to CAR

(%)

Consumer Loans 50% Rp 500bn 0.15

Micro Loans 75% Rp 750bn 0.23

Commercial Loans 100% Rp 1tr 0.30

Mortgage Loans 40% Rp 400bn 0.12

•Total Capital to Rp 8.6 tr ( Rp 276 bn YoY)

• Total CAR at 16.4% (-176 bps YoY)

19

Consumer Loan Details

Civil Servant Loans

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding 36,113 37,106 2.7 %

Net ExpansionYtD

(Rp bn)1,805 518 -71.3 %

Avg. Loans Outstanding(Rp mn)

110 112 1.6 %

No of Account 328,606 332,356 1.1 %

Median Interest Rate 14.50%-16.25% eff. p.a

AssetQuality 3Q’16 3Q’17 YoY

SpecialMention

0.76 1.82 +1.06

NPL 0.09 0.27 +0.18

20

33.7

34.3

35.2

35.8

36.1

36.6

36.6

36.9

37.1

0.11

0.08

0.11

0.09

0.09

0.07

0.08

0.19

0.27

0.0

0.1

0.2

0.3

0.4

0.5

0

5

10

15

20

25

30

35

40

(%)

(Rp

tr)

Civil Servant Loans (LHS) NPL (RHS)

Pensioner Loans

Key Indicators 3Q’16 3Q’17 YoY(%)

Loans Outstanding

6,710 9,670 44.1 %

Net ExpansionYtD

(Rp bn)2,801 2,033 -27.4 %

Avg. Loans Outstanding

(Rp mn)118 130 10.2 %

No of Account 56,943 74,441 30.7 %

Median Interest Rate 14.50%-18.48% eff. p.a

AssetQuality 3Q’16 3Q’17 YoY

SpecialMention

0.36 0.89 +0.53

NPL 0.10 0.15 +0.05

21

3,556 3,909

4,494 5,643

6,710 7,637

8,470 9,291

9,670

0.12

0.12

0.44

0.11

0.10

0.08

0.09

0.10

0.15

0.0

0.1

0.2

0.3

0.4

0.5

0

2,000

4,000

6,000

8,000

10,000

12,000

(%)

(Rp

tr)

Pensioner Loans (LHS) NPL (RHS)

Sharia Business Performance

3Q17 bank bjb Sharia

22

Result Summary

23

• Net Financing Income at Rp 267bn (+7.3% YoY)• Operating Expenses at Rp 682 bn (-51.1% YoY)• Net Loss at Rp 223 bn (-5.8% YoY)

Income Statement

• Total Financing at Rp 5.4 tr (+2.1% YoY)• Total Deposit at Rp 5.6 tr (+13.0% YoY)• Total Asset at Rp 7.4 tr (+7.3% YoY)

Balance Sheet

• NIM at 4.8% (-25bps YoY)• ROA at -5.3% (-84bps YoY)• ROE at -42.6% (-644bps YoY)• NPF Gross at 19.2%( +673bps YoY)

Ratios

Key Ratios

24

Sharia(%)

3Q’16 3Q’17 YoY

CAR 23.1% 13.1% -10.0%

NPF Gross 12.5% 19.2% +6.7%

NPF Nett 4.1% 2.1% -2.0%

ROA -6.2% -5.3% +0.9%

ROE -36.1% -42.6% -6.5%

BOPO 118.7% 132.5% +13.8%

FDR 107.4% 97.1% -10.3%

NIM 5.0% 4.8% -0.2%

Income Statement

25

Income Statement(Rp mn)

3Q’16 3Q’17 YoY(%)

Financing Income 541,121 563,747 4.2%

Financing Expense 292,021 296,508 1.5%

Net Financing Income 249,100 267,239 7.3%

Other Operating Income 833,689 117,612 -85.9%

Operating Expense 1,393,938 681,819 -51.1%

Operating Income (311,149) (296,968) -4.6%

Non Operating Income (Expense) 885 4,412 398.5%

Income (Loss) Before Tax (310,264) (292,556) -5.7%

Tax Expense 73,134 69,064 -5.6%

Net Loss (237,130) (223,492) -5.8%

Balance Sheet

26

BS highlight(Rp Mn) 3Q’16 3Q’17 YoY

(%)

Cash 42,763 45,355 6.1%

Current Account with Bank Indonesia 271,578 303,795 11.9%

Secondary Reserves 1,375,843 1,957,330 42.3%

Financing-net 4,832,860 4,461,498 -7.7%

Fixed Asset-net 171,283 274,411 60.2%

Other Asset 240,424 395,362 64.4%

Total Asset 6,934,751 7,437,751 7.3%

Total Third Party Fund 4,940,247 5,581,203 13.0%

Fund Borrowings 362,427 640,016 76.6%

Others 578,863 484,844 -16.2%

Total Liabilities 5,881,537 6,706,063 14.0%

Total Equity 1,053,214 731,688 -30.5%

Sharia Performance

27

Financing(Rp mn) 3Q’16 3Q’17 YoY

(%)

Murabahah (Trading) 4,134,601 4,364,803 5.6%

Qardh (Bridging) 67,518 65,359 -3.2%

Financing 1,089,160 971,865 -10.8%

Istishna (Pawning) 2,194 2,186 -0.4%

Total Gross Financing 5,293,473 5,404,213 2.1%

Funding(Rp mn) 3Q’16 3Q’17 YoY

(%)

Wadiah Current Account 104,898 110,900 5.7%

Wadiah Savings Account 175,888 172,823 -1.7%

Mudharabah Current Account 226,253 224,975 -0.6%

Mudharabah Savings Account 539,791 596,271 10.5%

Mudharabah Time Deposit 3,893,417 4,476,235 15.0%

Total Funding 4,940,248 5,581,203 13.0%

28

Company Profile

bank bjb

Distribution Network

Total bjb employees7,712

Total bjb customers4,395,160

BantenDeposits 12.3 TrLoans 9.9 TrMicro Loans 439 bnProfit 730 bn889,184 Customers8 Branch Offices45 Sub Branches61 Cash Offices43 Payment Point230 ATM Unit780 Employees

West JavaDeposits 51.1 TrLoans 44.6 TrMicro Loans 2.2 TrProfit West Java 2.8 TrLoss Head Oficce 2.5 Tr3,299,668 Customers35 Branch Offices191 Sub Branch265 Cash Offices105 Payment Point898 ATM Unit5,943 Employees

OthersDeposits 2.4 TrLoans 6.7 TrMicro Loans 1.38 TrProfit 205.8 bn74,080 Customers13 Branch Offices13 Sub Branch Offices

7 Cash Offices96 ATM Unit442 Employees

JakartaDeposits 20.8 TrLoans 9.3 TrMicro Loans 607 bnProfit 392 bn132,228 Customers9 Branch Offices60 Sub Branches5 Cash Offices1 Payment Point116 ATM Unit 547 Employees

29

Branch Network Details

30

No bjb Network 3Q’16 3Q’17 YoY

1 Branch 63 65 +2

2 Sub Branch 311 309 -2

3 Cash Offices 331 338 +7

4 Payment Point 138 149 +11

5 ATM 1,211 1,340 +129

6 Layanan bjb Precious 11 11 -

7 MSME Center 6 6 -

8 Mobile Cash 12 11 -1

9 Weekend Banking 11 11 -

10 Forex Branches 47 47 -

11 Branchless Banking - 690 690

Total 2,141 2,287 +146

31

Human Capital

Age Breakdown

Educational BreakdownLevel 3Q’16 3Q’17 YoY

Board of Commissioners 5 5 -

Directors 7 6 -1

Top Management 42 38 -4

Middle Management 346 363 +17

First Line Management 1,778 1,830 +52

Staff 5,344 5,464 +120

Employee in Pension Preparation 10 17 +7

Total Permanent 7,532 7,723 +191

SDM 475 528 +53

Up To Bachelor

Degree 94%

Master of Doctorate 6%

18-3064%

31-40 28%

41-506%

>50 2%

32

Ownership

Ownership Structure 3Q16 3Q17

Founder (A Series) 75.00 75.00

West Java Provincial Government 38,26 38.26

West Java Municipal Governments 23,61 23.61

Banten Provincial Government 5,37 5.37

Banten Municipal Governments 7,76 7.76

Public (B Series) 25,00 25.00

Local Retail 3.66 6.34

Local Institution 8.91 14.22

Foreign Retail 0.02 0.15

Foreign Institution 12.41 4.29

33

2017 Awards

Brand Finance & SWA –“TOP 100 Best Valuable

Indonesian Brands”

Business News –“TOP BUMD 2017 Best Over All”

Business News –“TOP BPD 2017”

Business News –“TOP CEO 2017”

SWA – “Indonesia Best Public Companies 2017 (Rank 4th &

Rank 9th Overall)”

SWA –“Indonesia Original Brand 2017

(Rank 1st)”

Indohousing – “Most Excellent Service Performance Bank

for Housing Loan Program”

Infobank – “Titanium Trophy Bank dengan Kinerja Keuangan

Sangat Baik Selama Tahun 2016”

Markplus – “Silver Champion Bandung WOW Service

Excellence Award 2017 (Buku III)”

34

2017 Awards

Annual Report Award Tahun Buku 2016 –

“Annual Report Award Tahun Buku 2016 (Rank

1st )

Bisnis Indonesia Financial Award 2017 –

“The Best Performing Bank”

Koran SINDO –“Apresiasi Inovasi”

Forbes Indonesia - Best of the Best Awards 2017 TOP 50 Companies (Rank 18th)

SWA – “The Indonesian Living Legend Companies”

PR Indonesia –“Best Communicators 2017”

Tempo – “The Best Bank in Retail Banking Services”

Tempo – “The Most Efficient Bank” Tempo – “The Most Reliable Bank”

35

2017 Awards

Tribute From West Java Province –“CSR Partner”

Ministry of Finance –Best Tax Contribution 2016

Excellence Service Experience Awards (ESEA) 2017 -

“Regular Banking Category”

Galamedia Awards 2017 –“Housing Tax Initiative”

AAEI & CSA Intitute –“One of The Best Stock for

Yuk Nabung Saham Program 2017”

Contact Center Service Excellence Awards 2017 –

“Best Call Center Regular Banking”

Markplus.Inc Awards –“Mr. Ahmad Irfan as

Marketing Champion 2017”

Markplus.Inc Awards –“Mr. Ahmad Irfan as Marketeer

of The Year 2017”

36

Share Price Performance

Investor Relations GroupMenara bank bjb 7th Floor

Jl. Naripan 12 – 14Bandung 40111+6222 4234868

ext 7140/[email protected]

Contact Person:Muhammad As’adi BudimanDeputy Corporate [email protected]

Sani Ikhsan MaulanaIR Head

[email protected]

Anjas Septa LesmanaSenior Officer

[email protected]

Siti Khairina WahyujatiOfficer

[email protected]

Trifani RahayuStaff

[email protected]

Farizzaka PutraStaff

[email protected]

Source: Bloomberg

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Volume(RHS) Price(LHS)

Menara bank bjbJl. Naripan 12 – 147th FloorBandung 40111Telp. +6222 4234868

Disclaimer : This report has been prepared by PT Bank Pembangunan Daerah Jawa Barat & Banten, Tbk. (bank bjb) independently and is circulatedfor the purpose of general information only. It is not intended to the specific person who may receive this report. The information in this report hasbeen obtained from source which we deem reliable. No warranty (expressed or implied) is made to the accuracy or completeness of the information.All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice. Wedisclaim any responsibility or liability without prior notice of bank bjb and/or their respective employees and/or agents whatsoever arising whichmay be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report andneither bank bjb and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligentor otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise.