Krom Bank Indonesia Reports Strong Financial Performance for Q3 2025

Significant Profit Growth

Krom Bank Indonesia (BBSI) has reported a 17.70% year-on-year increase in net profit to Rp126.08 billion for the nine-month period ending September 2025. This positive performance was primarily driven by a substantial rise in net interest income, which surged 87.14% YoY to Rp1.26 trillion. The growth in net interest income was supported by a significant increase in interest income, which rose by 109.43% YoY to Rp1.55 trillion, despite a concurrent rise in interest expenses.

Operational Highlights

The bank's financial performance was characterized by several key developments:

1. Robust credit growth: Krom Bank's loan disbursement reached Rp7.96 trillion, representing a significant growth of 124.76% YoY compared to Rp3.54 trillion in the same period last year.
2. Improved asset quality: The non-performing loan (NPL) ratio improved to 2.64%, down from 2.70% in the previous year, indicating better credit risk management.
3. Strong deposit growth: Third-party funds (DPK) surged by 212.93% YoY to Rp6.97 trillion, with significant growth across all deposit categories.
4. Operational efficiency challenges: Operating expenses increased by 104.87% YoY to Rp1.10 trillion, partly due to higher promotion expenses and impairment costs.

Strategic Initiatives

President Director Anton Hermawan attributed the growth to the bank's strategic focus on quality credit growth and priority sectors such as MSMEs, productive consumption, and retail financing. The bank is optimistic about continuing this growth trajectory through strategic collaborations and ecosystem expansion. Krom Bank is actively working on enhancing its core product value and expanding its market reach through innovative strategies.

Financial Metrics

Key financial indicators show:

• Net Interest Margin (NIM) slightly decreased from 20.30% to 20.18%
• Cost-to-income ratio increased from 81.62% to 86.96%
• Capital Adequacy ratio decreased from 101.38% to 49.45%
• NPL gross ratio improved from 2.70% to 2.64%

The bank's management remains confident in its ability to maintain growth momentum while focusing on prudent risk management and strategic expansion initiatives.