Gozco Capital Boosts Stake in Bank Neo Commerce

Increased Investment Highlights Confidence in Digital Banking

PT Bank Neo Commerce Tbk. (BBYB), a digital banking player, has seen Gozco Capital increase its ownership stake from 7.21% to 7.76%, representing an additional 72.45 million shares. This strategic investment comes as the bank demonstrates strong financial performance and digital innovation.

Financial Highlights

The bank reported net profit of Rp464 billion by September 2025, a significant improvement from Rp4.06 billion in the same period the previous year. This growth was supported by strategic digital initiatives and prudent risk management. Key financial metrics include:

• Return on Assets (ROA): Increased to 3.45% from 0.03%
• Return on Equity (ROE): Rose to 16.96% from 0.16%
• Capital Adequacy Ratio (CAR): Remained strong at 46.73%, up from 34.18%

Digital Banking Initiatives

Bank Neo Commerce has focused on expanding its digital services, particularly through its lending product Neo Pinjam, which has shown 139% year-on-year growth. The bank's digital transformation strategy includes enhancing customer experience and improving operational efficiency.

Asset Quality Improvement

The bank has also demonstrated improvement in asset quality with Gross NPL decreasing to 2.92% from 3.72% and Net NPL reducing to 0.23% from 0.99%. This improvement reflects the bank's disciplined risk management practices.

Business Outlook

With its strong capital position and growing digital lending capabilities, Bank Neo Commerce is well-positioned for future growth. The bank's management has expressed confidence in its ability to maintain the growth momentum through continued digital innovation and strategic partnerships.