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PT Bank Hibank Indonesia Achieves Significant Improvement in Outreach and Lending to MSMEs

PT Bank Hibank Indonesia Achieves Significant Improvement in Outreach and Lending to MSMEs

(24/6/2024) - JAKARTA - Taking place at hibank Head Office, Rajawali Place 23rd Floor, Kuningan - South Jakarta, PT Bank Hibank Indonesia (hereinafter referred to as “hibank”) held its Annual General Meeting of Shareholders (AGMS) on Monday, June 24, 2024.

In this event, Jenny Wiriyanto, hibank President Director, conveyed about hibank's achievements which are backed by strategic steps, both those that have been implemented and also those that are currently underway, as part of hibank's transformation.

“We are proud to report that hibank has shown solid growth and the transformation process has resulted in sustainable achievements,” said Jenny.

Until the first quarter of 2024, hibank continued to strengthen its intermediation through empowering the ecosystem of the targeted communities. As of May 2024, the number of MSME debtors increased significantly by 19 times when compared to May 2023, and lending increased by 72% compared to May 2023, where the MSME segment made a significant contribution as reflected in the increase in the Sustainable Business Category (KKUB), including MSMEs.

During 2023, hibank also strengthened its digital banking and cybersecurity services, and enhanced its IT-based human resource capacity. The bank is also developing advanced applications and plans to launch the New Core Banking System in 2024 to support the expansion of digital transactions.

This year's AGM also resulted in important decisions that are a form of strong support from the Shareholders to the Management to continue to accelerate the Company's business growth plan in a sustainable manner. One of them is by approving and determining the composition of the hibank Management, as follows:

Board of Commissioners

President Commissioner: Rian Eriana Kaslan *)

Independent Commissioner: Rufina Tinawati Marianto

Independent Commissioner:  Joys Djajanto

Board of Directors

President Director: Jenny Wiriyanto

Director: Adi Syaf Putra*)

Director: Andi M. Andries

Director: Ricky Budiono*)

Director: Prihadiyanto

*)Effective upon approval from the Financial Services Authority (OJK) on the Fit and Proper Test.

“Hibank's financial performance in 2023, which also underwent a transformation process, showed positive results and continues. This was proof of hibank's commitment to strengthen its role as an MSME orchestrator in empowering MSME players so as to encourage fast, healthy and sustainable business growth. Together with the BNI Group and Mayora Group ecosystems, hibank is confident that it can strengthen its long-term strategy as the preferred digital-based MSME bank in Indonesia,” concluded Jenny.

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