Bank BJB Prepares for Subordinated Bonds Repayment

Financial Preparation for Maturing Debt

Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR), known as Bank BJB, has confirmed it has set aside Rp162.58 billion to honor its maturing Subordinated Bonds II Phase II Year 2020 Series A on November 17, 2025. The financial preparation was formally communicated to the Indonesia Stock Exchange (BEI) on October 27, 2025, as part of the company's obligation to provide information before the bond maturity.

Bond Details and Financial Management

The subordinated bonds in question were issued on November 17, 2020, with a fixed coupon rate of 8.50% per annum. They are part of Bank BJB's broader Rp1 trillion continuous subordinated bonds offering, divided into two series. The specific Series A bonds maturing tomorrow amount to Rp162.58 billion, while Series B bonds worth Rp337.42 billion with a 9% coupon rate will mature in 2027.

Financial Position and Liquidity Management

As of September 30, 2025, Bank BJB reported that its financial position was in accordance with prevailing regulations, confirming its ability to meet the upcoming bond repayment. The bank's management of liquidity and long-term funding through such bond issuances demonstrates its strategic approach to financial planning and capital management.