BCIC

Laporan Tahunan 2018 Annual Report
A New Chapter Begins
2018
Laporan Tahunan
Annual Report
2018 Annual Report J Trust Bank III

IV J Trust Bank Laporan Tahunan 2018
A New Chapter
Begins
J Trust Bank membuka tahun 2018 dengan rencana dan strategi
untuk membangun fundamental Bank yang lebih kuat ke
depannya. Di tengah optimisme perekonomian di tahun 2018,
berbagai tantangan masih mengemuka dan menjadi perhatian
J Trust Bank untuk mempertahankan pertumbuhan. Pada tahun
2018, J Trust Bank fokus pada upaya untuk mengembangkan
bisnis, sumber daya manusia, dan infrastruktur. Dalam hal
bisnis, J Trust Bank mengembangkan bisnis multi finance
dan UKM untuk mendapatkan fee based income yang lebih
baik dan memperbaiki struktur CASA. J Trust Bank juga terus
meningkatkan kapasitas dan kompetensi sumber daya manusia
untuk mendukung usaha Bank di masa mendatang. Sementara,
pengembangan infrastruktur terkait teknologi informasi terus
diupayakan untuk menciptakan proses operasional Bank
menjadi lebih cepat dan akurat, serta memberikan kemudahan
dan kenyamanan bertransaksi bagi para nasabah.
J Trust Bank started 2018 with fully prepared strategy and planning to build better
fundamentals for the future. In the midst of economic optimism in 2018, several
challenges still arise and those became J Trust Bank’s concern in order to sustain
growth. In 2018, J Trust Bank focused on efforts to develop business, human
resources, and infrastructure. For business development, J Trust Bank developed
multi finance and SME business to obtain higher fee based income and to improve
CASA structure. J Trust Bank has also improved its capacity and competency of
existing human resources to support the Bank’s business in the future. Meanwhile,
infrastructure development which related to information technology has been
continuing to be enhanced in order to create a faster and more accurate operational
process of the Bank, as well as providing accessible and convenient transactions for
customers.
2018 Annual Report J Trust Bank 1

Daftar Isi
Table of Contents
Ikhtisar 2018 Profil Perusahaan

2018 Highlights Corporate Profile
4 Ringkasan Kinerja 2018 38 Informasi Perusahaan

2018 Performance Results Corporate Information
6 Ikhtisar Keuangan 40 Sekilas J Trust Bank
Financial Highlights J Trust Bank at a Glance
8 Ikhtisar Saham 42 Jejak Langkah
Stock Highlights Milestones
10 Peristiwa Penting 2018 44 Visi & Misi
2018 Event Highlights Vision & Mission
15 Penghargaan dan Sertifikasi 46 Filosofi Logo J Trust Bank
Award and Certification J Trust Bank Logo Philosophy
47 Bidang Usaha
Business Segment
48 Produk dan Layanan
Products and Services
50 Struktur Organisasi
Organization Structure
52 Struktur Grup
Laporan Manajemen 53
Group Structure
Informasi Pemegang Saham
Management Report Shareholders Information
57 Statistik Profil dan Komposisi Karyawan
Statisctics of Employee Profile and Composition
16 Laporan Dewan Komisaris
Board of Commissioners’ Report 59 Jaringan Kantor
Offices Network
24 Laporan Direksi
Board of Directors’ Report 61 Pejabat Executive
Executive Officers
34 Tanggung Jawab Pelaporan Tahunan
Responsibility for Annual Reporting 62 Profil Dewan Komisaris
Board of Commissioners’ Profiles
65 Profil Direksi
Board of Directors’ Profiles
70 Profil Executive Vice President
Executive Vice President’s Profiles
72 Profil Anggota Komite-komite di Bawah Dewan
Komisaris
Member of Committees under the Board of
Commissioners Profile
75 Profil Sekretaris Perusahaan
Corporate Secretary Profile
75 Profil Kepala Audit Internal
Head of Internal Audit Profile
76 Peta Area Operasional
Operational Area Map
2 J Trust Bank Laporan Tahunan 2018

355 Bab IV Penerapan Fungsi Kepatuhan
Bank, Audit Intern dan Audit Ekstern
Implementation of the Bank’s
Compliance Function, Internal Audit,
Analisis dan and External Audit
389 Bab V Penerapan Manajemen Risiko termasuk
Pembahasan Manajemen Sistem Pengendalian Intern
Risk Management and Internal Control
Management Discussion & Analysis System Implementation
407 Bab VI Penyediaan Dana, Rencana Strategis
80 Tinjauan Ekonomi Bank, Transparansi dan Pengungkapan
Economic Review Aspek Lainnya
Provision of Funds, Strategic Plan of the
82 Tinjauan Industri Perbankan
Bank, Transparency, and the Disclosure
Banking Industry Review
of Other Aspects.
95 Tinjauan Kinerja Keuangan
431 Bab VII Pemberian Dana untuk Kegiatan
Financial Performance Review
Sosial dan Kegiatan Politik
124 Manajemen Risiko Donation for Social and Political
Risk Management Activities
186 Teknologi Informasi 436 Bab VIII Penerapan Pedoman Tata Kelola
Information Technology Perusahaan Terbuka
189 Sumber Daya Manusia Implementation of Public Company
Human Resources Governance Guidelines
Tata Kelola Perusahaan Tanggung Jawab

Good Corporate Governance Sosial Perusahaan
210 Bab I Pendahuluan Corporate Social Responsibility
Foreword
219 Bab II Rapat Umum Pemegang Saham (RUPS),
Pelaksanaan Tugas 456 Tanggung Jawab Sosial Perusahaan
Dewan Komisaris dan Direksi Corporate Social Responsibility
General Meeting of Shareholders (GMS),
Implementation of Board of
Commissioners and Board of Directors
Tasks
307 Bab III Kelengkapan dan Pelaksanaan
Tugas Komite-Komite
PT Bank JTrust Indonesia Tbk
Completion and Implementation of
Duties of Committees of Laporan Keuangan
Financial Statements
463 PT Bank JTrust Indonesia Tbk

Laporan Keuangan

Ringkasan Kinerja 2018
2018 Performance Results
Pada tahun 2018, Bank melakukan peninjauan In 2018, the Bank reviewed its credit quality
ulang terhadap kualitas kredit dan pendanaan and funding to build a strong basis for the
dalam membangun sebuah struktur yang kuat Bank’s continuity in the future.
untuk perjalanan Bank ke depannya.
Bank mengevaluasi kinerja debitur dan The Bank evaluated debtors performance
memberikan pinjaman hanya untuk debitur- and provided loans only for selected debtors,
debitur pilihan, sehingga menyebabkan jumlah which led to a reduction in loans by 10.22% to
kredit turun 10,22% menjadi Rp10,13 triliun. Rp10.13 trillion.
Sementara itu, dana pihak ketiga (DPK) Bank Meanwhile, the Bank’s third party funds rose
naik 2,67% menjadi Rp13,25 triliun seiring 2.67% to Rp13.25 trillion in line with the plan
dengan upaya untuk meningkatkan jumlah to increase the amount of savings accounts.
nasabah tabungan.
Dari segi permodalan, Bank berhasil On capital, the Bank successfully maintained
mempertahankan rasio Kewajiban Penyediaan a Capital Adequacy Ratio (CAR) at a healthy
Modal Minimum di tingkat yang sehat pada level of 14.03%.
14,03%.
Pinjaman yang Diberikan Simpanan Nasabah Jumlah Aset

LOANS DEPOSITS FROM CUSTOMER TOTAL ASSETS
Dalam Miliar Rupiah Dalam Miliar Rupiah Dalam Miliar Rupiah
In Billions Rupiah In Billions Rupiah In Billions Rupiah
16.065 17.171 17.824

12.904 13.248
10.698 11.281 10.129 11.664
16 17 18 16 17 18 16 17 18

Rasio Kewajiban Penyediaan Modal Minimum
(KPMM)
CAPITAL ADEQUACY RATIO (CAR)
14,03%
Rasio Kredit yang Diberikan
Terhadap Dana Pihak Ketiga
LOAN TO FUNDING RATIO (LFR)
77,43%
Rasio Pinjaman yang Diberikan Bermasalah Neto
NON-PERFORMING LOANS NET (NPL) RATIO
3,12%
Margin Bunga Bersih
NET INTEREST MARGIN (NIM)
2,28%

Ikhtisar Keuangan
Financial Highlights
Angka-angka pada seluruh tabel dan grafik dalam laporan Numerical notations in all tables and graphs
tahunan ini menggunakan notasi bahasa Indonesia in this annual report are in Indonesian
(Dalam jutaan Rupiah) kecuali disebutkan lain (In million Rupiah) unless stated otherwise
Keterangan Description
2018 2017 2016
ASET PRODUKTIF EARNING ASSETS
Pinjaman yang Diberikan 10.259.055 11.468.893 11.236.874 Loan
Giro pada Bank lain 250.330 264.914 425.752 Current accounts with other banks
Penempatan pada Bank Indonesia 649.905 514.950 319.929 Current accounts with Bank Indonesia
Penempatan pada Bank lain Placements with other banks
Surat Berharga 3.562.738 2.938.516 2.341.932 Marketable securities
Tagihan Derivatif 11.324 810 1.391 Derivative receivables
Tagihan Akseptasi 649.131 616.941 617.006 Acceptances receivable
Total 15.382.483 15.805.024 14.942.884 Total
-/- Cadangan Kerugian Penurunan Nilai 677.655 703.846 1.051.911 -/- Allowance for Impairment Losses
Total Aset Produktif (Net) 14.704.818 15.101.178 13.890.973 Total Earning Assets (Net)
ASET NON PRODUKTIF NON-EARNING ASSETS
Alat Likuid (Kas+Giro BI) 913.229 1.067.281 1.146.698 Liquid Tools (Cash+BI Demand Deposit)
Aset Tetap + Aset Tak Berwujud (Net) 276.758 250.684 249.659 Fixed Assets + Intangible Assets (net)
Aset Lainnya 1.928.864 752.038 777.973 Other Assets
Total 3.118.851 2.070.003 2.174.330 Total
Total Aset 17.823.669 17.171.181 16.065.303 Total Assets
PENGHIMPUNAN DANA FUND RAISING
Dana Pihak Ketiga 13.248.605 12.904.620 11.664.889 Third Party Funds
Giro 786.173 873.058 709.490 Demand deposits
Tabungan 790.545 828.521 683.033 Saving deposits
Deposito 11.671.887 11.203.041 10.272.366 Time deposits
Sertifikat Deposito - - - Certificate of deposits
LIABILITAS LAINNYA OTHER LIABILITIES
Liabilitas Akseptasi 16.546 5.608 23.146 Acceptances payable
Liabilitas pada BI dan Bank lain 1.911.604 1.485.561 1.758.015 Liabilities with BI and other banks
Liabilitas Lainnya 1.332.011 1.263.068 1.265.990 Other Payable
Total Liabilitas Lainnya 3.260.161 2.754.237 3.047.151 Total Other Liabilities
Total Liabilitas 16.508.766 15.658.857 14.712.040 Total Liabilities
EKUITAS EQUITY
Total Ekuitas 1.314.903 1.512.324 1.353.263 Total Equity
Total Liabilitas + Ekuitas 17.823.669 17.171.181 16.065.303 Total Liabilities + Equity

Laporan Manajemen Profil Perusahaan Analisis dan Pembahasan Tata Kelola Perusahaan Tanggung Jawab Sosial
Management Report Corporate Profile Manajemen Good Corporate Perusahaan
Management Discussion Governance Corporate Social
& Analysis Responsibility
(Dalam jutaan Rupiah) kecuali disebutkan lain (In million Rupiah) unless stated otherwise
2018 2017 2016
LAPORAN LABA RUGI STATEMENT OF PROFIT OR LOSS
Pendapatan Bunga neto 391.541 483.601 385.642 Interest Income net
Pendapatan Operasional Lainnya 91.753 137.319 86.378 Other Operating Income
Penyisihan Kerugian Penurunan Nilai - (154.506) (42.183) (425.986) Provision for Impairment Losses - Net
Neto
Beban Operasional Lainnya (633.963) (465.752) (516.674) Other Operating Expenses
Laba (Rugi) Operasi (305.175) 112.985 (470.640) Profit (Loss) from Operations
Pendapatan (Beban) non Operasional (98.406) 5.414 (241.548) Non Operating Income (Expenses) net
Neto
Laba (Rugi) Sebelum Pajak Penghasilan (403.581) 118.399 (712.188) Profit (Loss) Before Income Tax
Pajak Tangguhan 2.480 3.135 (6.534) Deferred Tax
Laba (Rugi) Neto (401.101) 121.534 (718.722) Net Profit (Loss)
Laba (Rugi) Bersih Diatribusikan (401.101) 121.534 (718.722) Net Profit (Loss) Attributable to the
kepada Pemilik Shareholders
Laba (Rugi) Komprehensif (550.796) 159.061 (644.890) Comprehensive Profit (Loss)
Laba (Rugi) Komprehensif kepada (550.796) 159.061 (644.890) Comprehensive Profit (Loss)
Pemilik Attributable to the Shareholders
Laba (Rugi) Bersih per Saham Dasar (40.06) 12.14 (0.00083) Basic Loss per Share
(Nilai Penuh)* (Full Amount)*
RASIO KEUANGAN FINANCIAL RATIOS
Rasio KPMM 14,03% 14,15% 15,28% Capital Adequacy Ratio (CAR)
Aset Tetap terhadap Modal 12,44% 20,50% 20,00% Fixed Asset to Capital Ratio
ASET PRODUKTIF EARNING ASSETS
Aset Produktif Bermasalah 7,13% 5,98% 8,84% Non Performing Earning Assets
Rasio Pinjaman yang Diberikan 3,12% 1,53% 2,91% Non Performing Loans (net)
Bermasalah (Neto)
Rasio Pinjaman yang Diberikan 4,26% 2,94% 6,98% Non Performing Loans (gross)
Bermasalah (Kotor)
RENTABILITAS RENTABILITIES
Rasio Laba (rugi) sebelum pajak -2,25% 0,73% -5,02% Return on Assets (ROA)
terhadap rata-rata Aset (ROA)
Rasio Laba (rugi) sebelum pajak -29,13% 8,09% -65,76% Return on Equity (ROE)
terhadap rata-rata Ekuitas (ROE)
Marjin Bunga Bersih (NIM) 2,28% 2,41% 2,26% Net Interest Margin
Rasio Beban Operasional terhadap 116,32% 93,87% 128,26% Operating Expense to Operating Income
Pendapatan Operasional (BOPO) (BOPO)
LIKUIDITAS LIQUIDITY
Rasio Kredit yang Diberikan terhadap 77,43% 88,87% 96,33% Loan to Funding Ratio (LFR)
Dana Pihak Ketiga (LFR)
KEPATUHAN COMPLIANCE
Persentase Pelanggaran BMPK 0,00% 0,00% 0,00% Percentage of Violations
of the LLL
Persentase Pelampauan BMPK 0,61% 0,47% 3,38% Percentage of Excess of the LLL
GWM Rupiah 20,35% 13,85% 6,21% Reserve Requirement
PDN 1,54% 3,58% 2,01% Net Open Position
Rasio Pinjaman yang Diberikan Marjin Bunga Bersih (%) Rasio Kredit yang Diberikan
Bermasalah (Kotor) (%) NET INTEREST MARGIN terhadap Dana Pihak Ketiga (%)
NON PERFORMING LOAN (NPL) (GROSS) LOAN TO FUNDING RATIO (LFR)
6,98 2,41 2,28 96,33

2,26 88,87
77,43
4,26
2,94
16 17 18 16 17 18 16 17 18

Ikhtisar Saham
Stock Highlights
Saham J Trust Bank tercatat dengan kode BCIC di J Trust Bank shares have been registered under the
Bursa Efek Indonesia sejak tanggal 25 Juni 1997. code of BCIC on the Indonesia Stock Exchange
Perdagangan saham Bank masih dalam masa suspensi since June 25, 1997. The Bank’s stock trading is still
sejak 2008, karena itu sepanjang tahun 2018, harga in suspension since 2008, therefore during 2018 there
saham Bank tidak mengalami pergerakan sehingga was no movement of the Bank’s share price, resulting
tidak terjadi perubahan harga tertinggi, terendah, dan in no change in the highest, lowest, and closing prices
penutupan saham Bank pada Bursa Efek Indonesia. of the Bank shares in the Indonesia Stock Exchange.
Informasi Jumlah Saham yang Beredar per Total Outstanding Shares as of December 31, 2018
31 Desember 2018
Nominal
Jumlah Nilai
Saham Persentase
Jumlah Saham Nominal
Uraian Nominal Percentage Description
Number of Shares Total
Share Price (%)
(Rp)
(Rp)
Saham Seri A: Series A Shares:
J Trust Co., Ltd Jepang 1.000 9.630.170.618 96.185 9.630.170.618.000 J Trust Co., Ltd Japan
Group Lease Holding Pte., 1.000 281.549.137 2.812 281.249.137.000 Group Lease Holding Pte.,
Ltd. Ltd.
JTrust Investment Indonesia 1.000 100.121.245 1.000 100.121.245.000 JTrust Investment Indonesia
Saham Seri B: Series B Shares:
J Trust Co., Ltd., Jepang 7.800.000 26.693 0.000 208.205.400.000 J Trust Co., Ltd., Japan
Publik 7.800.000 256.808 0.003 2.003.102.400.000 Public
Total Modal disetor - 10.012.124.501 100.000 12.223.148.800.000 Paid-In Capital
Informasi Harga Saham Tahun 2018 Stock Price Information in 2018
Volume Kapitalisasi
Pembukaan Terendah Tertinggi Penutupan
Perdagangan Pasar
Uraian Opening Lowest Highest Closing Description
Transaction Market
(Rp) (Rp) (Rp) (Rp)
Volume Capitalization
Triwulan I 50 50 50 50 0 NaN 1st Quarter
Triwulan II 50 50 50 50 0 NaN 2nd Quarter
Triwulan III 450 450 450 450 0 NaN 3rd Quarter
Triwulan IV 450 450 450 450 0 NaN 4th Quarter
Aksi Korporasi Corporate Actions

Pada tahun 2018, berdasarkan Rapat Umum Pemegang In 2018, based on the Annual General Meeting of
Saham Tahunan per 28 Juni 2018, para Pemegang Shareholders per June 28, 2018, the Shareholders
Saham menyetujui adanya penggabungan nilai approved a reverse stock of the Company both for
nominal saham (reverse stock) Perseroan baik untuk Series A or Series B shares with a ratio of 100,000
saham Seri A maupun saham Seri B dengan rasio (one hundred thousand) old shares into 1 (one) share
setiap 100.000 (seratus ribu) saham lama menjadi in the new nominal.
1 (satu) saham dengan nilai nominal baru.
Dengan demikian, nilai nominal saham Seri A yang Therefore, the nominal value of Series A share which
semula Rp0,01 (satu sen) menjadi Rp1.000 (seribu previously stood at Rp0.01 (one cent) to Rp1,000 (one
Rupiah) per saham, sedangkan nilai nominal saham thousand Rupiah) per share, while the nominal value
Seri B yang semula Rp78 (tujuh puluh delapan Rupiah) of Series B share which previously stood at Rp78
menjadi Rp7.800.000 (tujuh juta delapan ratus ribu (seventy-eight Rupiah) to Rp7,800,000 (seven million
Rupiah) per saham. eight hundred thousand Rupiah) per share.

Bank telah melakukan penilaian harga pasar wajar The Bank has assessed the fair market price by
dengan menunjuk Kantor Jasa Penilai (KJPP) appointing Appraisal Service Office (KJPP) Jennywati,
Jennywati, Kusnanto & Rekan, sesuai laporan No. JK/ Kusnanto & Rekan, based on report No. JK/SV/180427-
SV/180427-001 tanggal 27 April 2018. Harga pasar 001 dated April 27, 2018. Fair market price for the
wajar 100% (seratus persen) saham Perseroan adalah Bank’s 100% shares is Rp4,495.63 billion. If calculated
sebesar Rp4.495,63 miliar. Bila diperhitungkan dengan with the Company’s total shares, then fair market price
jumlah saham Perseroan, maka harga pasar wajar is Rp0.0045 per share. By calculating the reverse
adalah Rp0,0045 per saham. Dengan memperhatikan stock ratio of 100,000 (one hundred thousand) shares
rasio reverse stock 100.000 (seratus ribu) saham to 1 (one) share, then the fair market price after reverse
digabungkan menjadi 1 (satu) saham, maka harga stock is Rp450 (four-hundred-fifty Rupiah) per share.
pasar wajar setelah pelaksanaan reverse stock adalah Reverse stock is counted for October 5, 2018.
sebesar Rp450 (empat ratus lima puluh Rupiah)
per saham. Reverse stock terhitung pada tanggal
5 Oktober 2018.
Informasi Penghentian Sementara Perdagangan Information on Temporary Suspension of Stock

Saham (Suspension) Trading
Berdasarkan Surat No. Peng-23/BEI.PSJ/SPT/11-2008 Based on the letter No. Peng-23/BEI.PSJ/SPT/11-
tanggal 21 November 2008, PT Bursa Efek Indonesia 2008 dated November 21, 2008, PT Bursa Efek
memutuskan untuk melakukan penghentian sementara Indonesia decided to suspend the stock trading of the
perdagangan efek Bank (dahulu PT Bank Century Tbk) Bank (formerly PT Bank Century Tbk) in all market
di seluruh pasar mulai sesi pertama perdagangan efek starting from the first session of stock trading on
pada tanggal 21 November 2008 hingga pengumuman November 21, 2008, until further notice in order to
lebih lanjut untuk mencegah terjadinya perdagangan prevent any unusual tradings of Bank shares.
efek Bank yang tidak wajar.
Hingga saat ini, penghentian sementara perdagangan At the moment, the stock trading remains on
efek Bank masih berlangsung disebabkan Bank belum suspension as the Bank has yet to meet the provision
memenuhi ketentuan Peraturan No. I-A tentang of the Regulation No. I-A concerning the Listing of
Pencatatan Saham dan Efek Bersifat Ekuitas Selain Stock and Equity-Type Securities Other Than Stock
Saham yang Diterbitkan oleh Perusahaan Tercatat. Issued by Listed Company. The regulation stipulates
Dalam peraturan tersebut diatur bahwa salah satu that one of the requirements for a Listed Company to
syarat Perusahaan Tercatat dapat tetap tercatat di remain listed in the market is to meet the requirement
Bursa adalah apabila memenuhi persyaratan jumlah on the number of shares held by non-controlling
saham yang dimiliki oleh pemegang saham bukan and minor shareholders of at least 50,000,000 (fifty
Pengendali dan bukan Pemegang Saham Utama million) shares and at least 7.5% (seven point five
paling kurang 50.000.000 (lima puluh juta) saham per cent) from the number of shares in paid-in capital.
dan paling kurang 7,5% (tujuh koma lima per seratus)
dari jumlah saham dalam modal disetor.
Sebagai perusahaan terbuka yang sahamnya tercatat As a public limited company whose shares are listed
di Bursa Efek Indonesia (BEI), yang dahulu pada saat in the Indonesia Stock Exchange (IDX), which were
proses restrukturisasi sahamnya terkena penghentian suspended by the IDX during share restructuring
perdagangan oleh BEI, maka Perseroan berupaya agar process, the Company is trying to make its shares to
sahamnya dapat diperdagangkan kembali di BEI. be traded back in the IDX.
Bank sedang mengupayakan agar paling kurang 7,5% The Bank is still working on to make at least 7.5%
(tujuh koma lima per seratus) dari jumlah saham dalam (seven point five per cent) of shares in paid-in capital
modal disetor Bank dimiliki oleh pemegang saham are owned by non-controlling and minor shareholders
bukan Pengendali dan bukan Pemegang Saham of the Bank.
Utama Bank.
Bank merencanakan mengambil beberapa langkah The Bank plans to take several corporate actions in
aksi korporasi dalam upaya untuk memenuhi ketentuan order to comply with the requirements, such as:
tersebut yaitu: 1. Open suspend.
1. Open suspend. 2. Pre-Emptive Right
2. Melakukan penawaran Hak Memesan Efek Terlebih
Dahulu (HMETD)

Peristiwa Penting 2018
2018 Event Highlights
4 Januari
January 5 Januari
January 25 Januari
January
J Trust Bank Serahkan Donasi Anak Ibadah dan Perayaan Natal J Trust Bank Seremoni Pembukaan KC Balikpapan-
Berkebutuhan Khusus Dalam rangka memperingati Hari Natal, Sudirman
J Trust Bank memberikan donasi sebesar J Trust Bank menyelenggarakan kegiatan J Trust Bank menyelenggarakan acara
Rp10 juta kepada Panti Bhakti Luhur ibadah dan perayaan Natal 2018 untuk peresmian kantor cabang Balikpapan-
di Lebak Bulus, Jakarta Selatan, dalam para karyawan, berlokasi di Sahid Sudirman, yang merupakan kantor
rangka kegiatan tanggung jawab sosial Sudirman Residence Auditorium, Jakarta cabang kedua J Trust Bank yang
perusahaan dan memperingati Hari Natal. Pusat. berlokasi di provinsi Kalimantan Timur.
J Trust Bank Donates for Children with J Trust Bank Christmas Prayer and Opening Ceremony of Balikpapan-
Special Needs Celebration Sudirman Branch
J Trust Bank donated Rp10 million In celebrating Christmas, J Trust Bank J Trust Bank held official ceremony of
to Panti Bhakti Luhur in Lebak Bulus, held the 2018 Christmas prayer and Balikpapan-Sudirman branch, the second
South Jakarta, as part of corporate celebration for employees at the Sahid J Trust Bank branches located in East
social responsibility and Christmas Sudirman Residence Auditorium, Central Kalimantan province.
commemoration. Jakarta.
2 Maret
March 13 Maret
March 22 Maret
March
Seremoni Pembukaan KCP Palembang- Gathering Imlek J Trust Bank Kerja Sama J Trust Bank dengan Andalan
Rajawali J Trust Bank menyelenggarakan acara Finance
J Trust Bank menyelenggarakan gathering nasabah dalam rangka J Trust Bank menjalin kerja sama dengan
seremoni pembukaan kantor cabang merayakan Tahun Baru Imlek 2569 PT Andalan Finance Indonesia (Andalan
pembantu Palembang-Rajawali, yang Kongzili di Sun City Ballroom, Jakarta. Finance) berupa pemberian fasilitas
merupakan relokasi dari KCP J Trust Bank kredit sebesar Rp300 miliar.
sebelumnya di Jl. Jenderal Sudirman J Trust Bank Christmas Prayer and
No. 100F, Palembang, Sumatera Selatan. Celebration Cooperation of J Trust Bank with
J Trust Bank held a customer gathering Andalan Finance
Opening Ceremony of Palembang- event in celebration of Chinese New J Trust Bank held a cooperation with
Rajawali Branch Year 2569 Kongzili in Sun City Ballroom, PT Andalan Finance Indonesia (Andalan
J Trust Bank held an opening ceremony Jakarta. Finance) in form of credit facility worth
for the Palembang-Rajawali branch, which Rp300 billion.
was relocated from the previous J Trust
Bank branch at Jl. Jenderal Sudirman
No. 100F, Palembang, South Sumatra.

7-8 April
April 26 April
April 31 Mei
May
J Trust Bank Dukung Sakura Matsuri Pembukaan KCP Makassar- J Trust Bank Buka Puasa Bersama Anak
2018 Botolempangan Yatim
J Trust Bank mendukung J Trust Bank menyelenggarakan seremoni J Trust Bank menyelenggarakan acara buka
penyelenggaraan Sakura Matsuri 2018 pembukaan kantor cabang pembantu puasa bersama anak yatim dan penyerahan
sebagai sponsor utama Festival Budaya Makassar-Botolempangan, yang donasi di Yayasan Al-Fajr, Panti Yatim
Jepang yang berlangsung di Citywalk, merupakan relokasi kantor cabang J Trust Indonesia, Jl. Tebet Barat IV No. 4, Jakarta
Lippo Cikarang. Bank sebelumnya di Jl. Ahmad Yani Selatan, dalam rangka memanfaatkan
No. 7A, Makassar, Sulawesi Selatan. momen bulan suci Ramadhan yang
J Trust Bank Supports 2018 Sakura membawa kebaikan dan penuh berkah.
Matsuri Opening of Makassar-Botolempangan
J Trust Bank supported the 2018 Sakura Branch J Trust Bank Breaks the Fast with Orphans
Matsuri event as a main sponsor of J Trust Bank held official ceremony J Trust Bank held a fast-breaking event
the Japanese Culture Festival held in of Makassar-Botolempangan branch, with the orphaned and gave donation in
Citywalk, Lippo Cikarang. relocated from the previous J Trust Yayasan Al-Fajr, Panti Yatim Indonesia,
Bank branch in Jl. Ahmad Yani No. 7A, Jl. Tebet Barat IV No. 4, South Jakarta,
Makassar, South Sulawesi. during the good and blessed moment of
Ramadan.
28 Juni
June 30 Juni
June 1 Juli
July
RUPS Tahunan J Trust Bank J Trust Bank Dukung Ennichisai 2018

J Trust Bank menggelar Rapat Umum Pemegang Saham J Trust Bank kembali mendukung pergelaran Festival Little Tokyo
Tahunan (RUPST) di Grand Sahid Jaya Hotel, Jakarta. RUPS Ennichisai 2018 sebagai sponsor utama untuk ketiga kalinya.
Tahunan dihadiri oleh jajaran Direksi dan Dewan Komisaris, Ennichisai 2018 berlangsung di area Little Tokyo Blok M Square,
beserta pemegang saham J Trust Bank. Jakarta Selatan.
J Trust Bank Annual GMS J Trust Bank Supports 2018 Ennichisai

J Trust Bank held the Annual General Meeting of J Trust Bank supported the 2018 Ennichisai Little Tokyo Festival
Shareholders (AGMS) in Grand Sahid Jaya Hotel, Jakarta. event as a main sponsor for the third time. The 2018 Ennichisai was
The Annual GMS was attended by the Board of Directors held in Little Tokyo area in Blok M Square, South Jakarta.
and Commissioners, as well as J Trust Bank shareholders.

6-15 Juli
July 25 Juli
July 1 Agustus
August
J Trust Bank berpartisipasi dalam FIFA Kegiatan CSR mengenai Safety Riding Kerja Sama Uang Elektronik J Trust
World Cup Russia-Fan Fest 2018 di bersama KSU Susu Bendera-PT Frisian Bank-DAM Corp
Lapangan Sunburst Flag Indonesia J Trust Bank menjalin kerja sama dengan
J Trust Bank mendukung pergelaran J Trust Bank menyerahkan helm standar PT Digital Artha Media (DAM Corp),
Nonton Bareng Babak 8 Besar-Final Piala SNI kepada Koperasi Serba Usaha Susu fintech enabler yang merupakan anak
Dunia 2018 di Lapangan Sunburst BSD Bendera (PT Frisian Flag Indonesia) di usaha PT Kresna Graha Investama Tbk,
City, Tangerang Selatan, bekerja sama Jakarta, sebagai bagian dari kegiatan untuk meluncurkan uang elektronik
dengan Transmedia sebagai pemegang tanggung jawab sosial perusahaan untuk berbasis server.
hak siar Piala Dunia 2018. peduli dalam program keselamatan dalam
berkendara roda dua. Electronic Money Cooperation between
J Trust Bank participates in the 2018 J Trust Bank-DAM Corp
FIFA World Cup Russia-Fan Fest in CSR Event on Safety Riding with KSU J Trust Bank held cooperation with
Lapangan Sunburst Susu Bendera- PT Frisian Flag Indonesia PT Digital Artha Media (DAM Corp),
J Trust Bank supported the Live Event J Trust Bank gave SNI-standard helmets fintech enabler which is a subsidiary of
of 2018 World Cup Quarter Final in to Koperasi Serba Usaha Susu Bendera PT Kresna Graha Investama Tbk, to launch
Sunburst BSD City field, South Tangerang, cooperative (PT Frisian Flag Indonesia) a server-based electronic money.
in cooperation with Transmedia as the in Jakarta, as the part of corporate social
rights holder of 2018 World Cup. responsibility as the form of safety
program in riding two-wheeled vehicles.
8 Agustus
August 10 Agustus
August
Donor Darah J Trust Bank Kerja Sama J Trust Bank dengan UangTeman
J Trust Bank menyelenggarakan kegiatan sosial donor darah J Trust Bank menjalin kerja sama dengan PT Digital Alpha
bekerja sama dengan Palang Merah Indonesia (PMI) Kota Indonesia (UangTeman) berupa pemberian fasilitas pendanaan,
Tangerang di Grand Sahid Jaya Hotel, Jakarta Pusat, yang yang akan disalurkan melalui platform UangTeman untuk
diikuti oleh sekitar 150 karyawan J Trust Bank dan masyarakat masyarakat di Indonesia dalam bentuk pinjaman mikro.
umum.
Cooperation of J Trust Bank and UangTeman
J Trust Bank Blood Donor J Trust Bank held cooperation with PT Digital Alpha Indonesia
J Trust Bank held blood donor social activity in cooperation (UangTeman) in the form of financing facility, to be channeled
with the Indonesian Red Cross (PMI) of Tangerang City in via UangTeman platform for the Indonesian people in the form of
Grand Sahid Jaya Hotel, Central Jakarta, participated by micro loans.
around 150 employees of J Trust Bank and public.

16 Agustus
August 24 Agustus
August 20 September
September
Peringatan HUT RI Ke-73 di J Trust Bank J Trust Bank Berkurban 2018 J Trust Bank Menyelenggarakan RUPSLB
Dalam rangka memperingati HUT Dalam rangka memperingati Hari September 2018
Republik Indonesia ke-73, J Trust Bank Raya Idul Adha 1439 H, J Trust Bank J Trust Bank menggelar Rapat Umum
menyelenggarakan acara tahunan Lomba menyerahkan satu ekor sapi sebagai Pemegang Saham Luar Biasa (RUPSLB)
17-an bertema “Semangat Kemerdekaan hewan kurban kepada pengurus Masjid di Grand Sahid Jaya Hotel, Jakarta Pusat,
RI Ke-73 J Trust Bank Hadir untuk Kita Al-Hikmah yang berlokasi di dengan agenda perubahan susunan
Semua” di area Sahid Sudirman Center. Jl. dr. Soetomo, Surabaya. jajaran Dewan Komisaris dan anggota
Beragam lomba khas 17 Agustus-an Direksi Perseroan.
disiapkan untuk diikuti oleh para karyawan J Trust Bank Sacrifices 2018
kantor pusat dan kantor cabang Jakarta- In celebrating Eid 1439 H, J Trust Bank J Trust Bank Holds EGMS September
Sudirman. gave one cow as an animal sacrifice to 2018
the Al-Hikmah Mosque caretaker located J Trust Bank held the Extraordinary
The 73rd Indonesia Independence Day in Jl. dr. Soetemo, Surabaya. General Meeting of Shareholders (EGMS)
Celebration in J Trust Bank in Grand Sahid Jaya Hotel, Central
In celebration of the 73rd Indonesia Jakarta, with the agenda to change the
Independence Day, J Trust Bank held an structure of Board of Commissioners and
annual competition with the theme “The Directors of the Company.
73rd Indonesian Independence Spirit J Trust
Bank is Present for All of Us” in the Sahid
Sudirman Center area. Various events of
Independence Day were prepared and
participated by employees of headquarters
and Jakarta-Sudirman branch.
12 Oktober
October 23 Oktober
October
Peluncuran Asisten Virtual J Trust Bank Edukasi Inklusi Keuangan di SD Yasporbi I

J Trust Bank meluncurkan layanan Asisten Virtual Lily, bekerja Dalam rangka memperingati Bulan Inklusi Keuangan selama
sama dengan PT Sprint Asia Technology (Sprint). Asisten Oktober 2018, J Trust Bank menyelenggarakan kegiatan “Edukasi
Virtual Lily berfungsi sebagai customer service 24 jam yang Gerakan Ayo Menabung” di SD Yasporbi I, Jakarta Selatan.
berbasis teknologi kecerdasan buatan (Artifical Intelligence)
guna memudahkan nasabah mendapatkan informasi tentang Financial Inclusion Education at SD Yasporbi I
produk dan layanan perbankan J Trust Bank. In commemoration of Financial Inclusion Month in October 2018,
J Trust Bank held the “Let’s Start Saving Movement Education”
Launching of J Trust Bank Virtual Assistant event at Yasporbi I Elementary School, South Jakarta.
J Trust Bank launched its Virtual Assistant service Lily, in
cooperation with PT Sprint Asia Technology (Sprint). Virtual
Assistant Lily functions as an Artificial Intelligence 24-hour
customer service to ease customers in obtaining information
on J Trust Bank banking products and services.
16-18 November
November 5 Desember
December 28 Desember
December
J Trust Bank Mendukung Fimela Fest J Trust Bank Gelar Donor Darah Kerja Sama J Trust Bank dengan Ditjen
2018 J Trust Bank menyelenggarakan kegiatan Dukcapil Kemendagri
J Trust Bank mendukung pergelaran sosial donor darah, bekerja sama dengan J Trust Bank bekerja sama dengan
tahunan Fimela Fest 2018 yang Palang Merah Indonesia (PMI) Kota Direktorat Jenderal Kependudukan dan
berlangsung di Gandaria City Mall, Tangerang di Sakura Meeting Room, Pencatatan Sipil Kementerian Dalam
Jakarta Selatan, yang diselenggarakan Sahid Sudirman Center, Jakarta Pusat, Negeri (Ditjen Dukcapil Kemendagri)
oleh portal online khusus perempuan yang diikuti oleh 130 karyawan J Trust dalam pemanfaatan data kependudukan
Fimela.com. Bank dan karyawan perkantoran sekitar. sebagai upaya meningkatkan layanan
dan pencegahan tindak kejahatan kepada
J Trust Bank Supports Fimela Test 2018 J Trust Bank Holds Blood Donation nasabah.
J Trust Bank supported the annual event J Trust Bank held blood donation social
Fimela Fest 2018 held in Gandaria City event, in cooperation with the Indonesian Cooperation of J Trust Bank with the
Mall, South Jakarta, which was held by Red Cross (PMI) of Tangerang City in Directorate General of Population and
online portal Fimela.com. Sakura Meeting Room, Sahid Sudirman Civil Registration of the Home Ministry
Center, Central Jakarta, participated J Trust Bank cooperated with the
by 130 employees of J Trust Bank and Directorate General of Population and
around offices. Civil Registration of the Ministry of
Internal Affairs in utilizing population
data in order to increase service and
criminal prevention toward customers.

Penghargaan dan Sertifikasi

Award and Certification
Sertifikasi ISO 9001:2015 ISO 9001:2015 Certification

J Trust Bank melalui Human Capital Division J Trust Bank through its Human Capital
meraih ISO 9001:2015 yang diakreditasi oleh Division obtained ISO 9001:2015 accredited by
ANAB, UKAS, dan KAN berdasarkan surat ANAB, UKAS, and KAN based on FS 689483
sertifikasi FS 689483. certification letter.
Sertifikasi ISO 9001:2015 ini meliputi ruang The ISO 9001:2015 certification covered
lingkup: Penyediaan Manajemen Organisasi, the scope of: Organizational Management
Budgeting, Mitra Bisnis, Perencanaan Provision, Budgeting, Business Partner,
SDM, Rekrutmen, Administrasi Personalia, HR Planning, Recruitment, Personnel
Manajemen Bakat dan Manajemen Kinerja, Administration, Talent Management and
Manfaat dan Kompensasi, Pembelajaran, Performance Management, Compensation
Kualitas Layanan dan Budaya Perusahaan, and Benefit, Learning, Service Quality and
Sistem Informasi SDM, dan Hubungan Corporate Culture, HR Information System, and
Industrial. Industrial Relation.

Laporan Dewan Komisaris
Board of Commissioners’ Report
Nobiru Adachi
Komisaris Utama
President Commissioner
16
J Trust Bank terus berupaya melakukan yang terbaik untuk

mendorong kinerja Bank di tahun 2018 dengan memperkuat
fundamental dan bisnis Bank agar dapat terus maju sesuai
dengan ekspektasi dari para pemegang saham.
J Trust Bank has done its best to improve the Bank’s performance in 2018
by strengthening the Bank’s fundamentals and business to be able to move
forward in line with the shareholders’ expectation.
Para Pemegang Saham dan Pemangku Kepentingan Dear Shareholders and Stakeholders,
yang Terhormat,
Dengan laporan tahunan ini, kami akan menyampaikan In this annual report, we will present out evaluation
evaluasi terkait dengan pengawasan atas pengelolaan related to the supervision on Bank’s management
Bank selama tahun 2018. Perjalanan Bank sepanjang in 2018. The Bank’s journey throughout the year on
tahun dari sisi bisnis dan juga tata kelola dapat dilihat business and governance can be seen thoroughly in
secara lengkap di dalam laporan ini. this report.
Dewan Komisaris telah melakukan tugas sesuai The Board of Commissioners has completed its task
kewajibannya untuk memastikan bisnis Bank dapat accordingly to ensure the Bank’s business could run
berjalan sesuai ekspektasi. Kami melihat bahwa as expected. We see that the Board of Directors and
Direksi dan seluruh karyawan berusaha melakukan all employees had done their best to develop the
yang terbaik demi kemajuan Bank. Kami berharap Bank. We expect the Bank’s performance in the future
agar kinerja Bank ke depannya dapat semakin positif, to be more positive, in line with the expectations of
sesuai dengan harapan para pemegang saham. shareholders.
KONDISI EKONOMI GLOBAL GLOBAL ECONOMIC CONDITIONS

Perekonomian global di tahun 2018 diwarnai dengan The global economy in 2018 was illustrated with trade
ketegangan dagang antara AS dan Tiongkok, dua tensions between the US and China, the two largest
negara dengan ekonomi terbesar di dunia. Hal ini economies in the world. This impacted the economies
berdampak besar pada perekonomian negara-negara of other countries, both from trade and currency
lain, baik dari sisi perdagangan dan juga mata uang, channels, especially for developing economies such as
terutama untuk negara-negara berkembang seperti Indonesia.
Indonesia.
Negara-negara maju di Eropa, dan juga Jepang, Developed countries in Europe, as well as Japan,
turut terkena imbas dari perang dagang ini. Kondisi were also affected by this trade war. The condition
ini berlangsung hampir sepanjang tahun, dan happened almost throughout the year, and is predicted
diperkirakan masih akan terus berlanjut di tahun to continue in 2019. Overall, both developed and
2019. Secara keseluruhan, baik perekonomian negara developing countries suffered economic slowdown in
maju dan negara berkembang sama-sama mengalami 2018.
perlambatan di tahun 2018.

KONDISI EKONOMI INDONESIA DAN INDUSTRI INDONESIAN ECONOMY AND BANKING INDUSTRY
PERBANKAN 2018 CONDITIONS 2018
Ekonomi Indonesia mampu mencatatkan pertumbuhan The Indonesian economy managed to book a positive
yang baik di tahun 2018, walaupun menghadapi growth in 2018, despite facing several external
berbagai tantangan eksternal. PDB tumbuh 5,2%, challenges. GDP grew 5.2%, the highest in the past
tertinggi dalam lima tahun terakhir, didukung oleh five years, supported by consumption and investment.
konsumsi dan investasi. Sementara itu, ekspor dan Meanwhile, exports and Rupiah currency were under
mata uang Rupiah mengalami tekanan yang cukup pressure due to the impact of global economy.
berat akibat dampak dari perekonomian global.
Tantangan utama perekonomian Indonesia di tahun The main challenge for Indonesian economy in 2018
2018 adalah defisit transaksi berjalan. Defisit transaksi was current account deficit. The high current account
berjalan yang tinggi ini membuat Bank Indonesia deficit forced Bank Indonesia to raise the benchmark
harus meningkatkan suku bunga acuannya hingga interest rate to 6%, up 175 basis points throughout
6%, naik 175 basis poin sepanjang tahun. Mata uang the year. The Rupiah currency also fluctuated, despite
Rupiah juga bergerak cukup fluktuatif, walaupun relatif relatively strengthening in the end of the year and was
menguat di akhir tahun dan ditutup pada Rp14.481 per closed at Rp14,481 per US Dollar.
Dolar AS.
Di sisi harga, upaya Pemerintah untuk mengendalikan On prices, the Government’s efforts to control food
harga-harga pangan bisa dibilang cukup berhasil. prices were relatively successful. Year-end inflation
Inflasi akhir tahun berada di 3,13% yang merupakan stood at 3.13%, at the lower range of Bank Indonesia’s
kisaran batas bawah target Bank Indonesia. Secara target. Overall, we think that the Indonesian economy
keseluruhan, kami menilai bahwa ekonomi Indonesia is in a strong position, with good fundamentals for
berada di posisi yang kuat, dengan fundamental yang future growth.
baik untuk pertumbuhan ke depannya.
Seiring dengan pertumbuhan ekonomi yang positif, In line with the positive economic growth, the banking
sektor perbankan juga mencatatkan kinerja yang baik. sector also recorded good performance. On financing,
Di sisi pembiayaan, kredit meningkat 12% di tahun lending grew 12% in 2018, far above the 8.3% growth
2018, jauh di atas pertumbuhan tahun sebelumnya in the previous year. The increasing loan growth was
sebesar 8,3%. Jumlah kredit yang meningkat dibarengi followed by good risk profile, indicating that banks
dengan profil risiko yang baik, menandakan kehati- were prudent in disbursing loans. The gross non-
hatian perbankan dalam menyalurkan kredit. Rasio performing loan ratio dropped to 2.4% nationally.
kredit bermasalah bruto secara nasional turun ke 2,4%.
Sebaliknya di sisi pendanaan, likuiditas ketat menjadi On funding, tight liquidity was the main issue facing
isu utama yang dihadapi sektor perbankan di tahun the banking sector in 2018. Third party funds only
2018. Dana pihak ketiga hanya bertumbuh sebesar grew 6.4%, declining far from the 9.4% growth booked
6,4%, turun jauh dari pertumbuhan 9,4% di tahun in the previous year. Tight liquidity forced banks to
sebelumnya. Likuiditas ketat ini membuat perbankan look for funds from other sources, such as the capital
harus mencari dana dari sumber lain, seperti pasar market.
modal.
Walaupun menghadapi tantangan tersebut, rasio Despite facing those challenges, the capital adequacy
kecukupan modal perbankan masih terjaga dengan ratio of banks was still well-managed and relatively
baik dan relatif tidak berubah dibandingkan dengan unchanged compared to 2017. CAR in 2018 stood at
tahun 2017. CAR pada tahun 2018 berada di angka 23%.
23%.
Sektor perbankan juga mampu membukukan laba The banking sector also booked net profits of Rp150
bersih sebesar Rp150 triliun, naik 14,4% dari tahun trillion, up 14.4% from 2017. The numbers show that
2017. Angka-angka ini menunjukkan bahwa sektor the banking sector remained sturdy, with good
perbankan tetaplah kuat, dengan intermediasi yang intermediation to the domestic economy.
baik terhadap perekonomian domestik.

Nobuiku Chiba Nobiru Adachi Kwik Ing Hie Mahdi Mahmudy

Komisaris Presiden Komisaris Komisaris Independen Komisaris Independen
Commissioner President Commissioner Independent Commissioner Independent Commissioner
PENILAIAN ATAS KINERJA DIREKSI 2018 ASSESSMENT ON PERFORMANCE OF BOARD OF

DIRECTORS 2018
Dewan Komisaris melihat Direksi telah berupaya The Board of Commissioners saw the Board of Directors
melakukan yang terbaik untuk mendorong kinerja Bank had done its best to boost the Bank’s performance
di tahun 2018. Perubahan posisi Shigeyoshi Asano dari in 2018. The change in position of Shigeyoshi Asano
komisaris menjadi presiden direktur adalah bentuk from commissioner to president director was a form
dukungan dari Dewan Komisaris kepada Manajemen of support from the Board of Commissioners to the
Bank. Kami melihat di bawah kepemimpinan Asano- Bank’s Management. We see that under Asano-San
San, J Trust Bank mencoba membangun bisnis sesuai leadership, J Trust Bank is trying to build business
dengan kekuatan yang dimiliki. according to its strength.
Kami berharap agar Manajemen dapat terus We expect that the Management can continue
memperkuat fondasi dan bisnis Bank agar dapat terus strengthening the Bank’s foundation and business to
maju sesuai dengan ekspektasi dari para pemegang be able to move forward in line with the expectations
saham. Kami mengapresiasi upaya Direksi di tahun of shareholders. We appreciate the efforts of Board
2018 untuk mengatasi masalah yang ada, serta mencari of Directors in 2018 to solve the existing issues, while
solusi untuk bergerak ke depan. looking for solutions to move forward.
Indikator Kinerja Keuangan Financial Performance Indicators

J Trust Bank mengalami penurunan kualitas kredit pada J Trust Bank suffered a decline in loan quality in 2018,
tahun 2018, yang menyebabkan kinerja Bank relatif which caused the Bank’s performance to relatively
menurun dibandingkan dengan tahun sebelumnya. slow compared to the previous year. The declining
Turunnya kualitas kredit bisa dilihat dari kenaikan rasio credit quality is reflected in the rise of gross non-
kredit bermasalah bruto menjadi 4,26%, dari 2,94% performing loan ratio to 4.26% from 2.94% in 2017.
pada tahun 2017.

Untuk mengatasi ini, Direksi telah meninjau ulang To overcome this issue, the Board of Directors has
seluruh pinjaman yang ada, serta kemampuan bayar reviewed all existing loans, as well as the ability to pay
debitur existing. Manajemen bersikap lebih hati-hati of existing debtors. The Management has acted more
dalam mencairkan kredit untuk menjaga profil risiko. prudently in disbursing loans to manage risk profile.
Hal ini mengakibatkan jumlah pinjaman pada tahun This led the amount of total loans in 2018 to decrease
2018 turun 10,22% menjadi Rp10,13 triliun. 10.22% to Rp10.13 trillion.
Di sisi lain, masalah likuiditas ketat di perbankan dalam On the other hand, tight liquidity problems in the
negeri juga dirasakan oleh Bank. Dana pihak ketiga domestic banking sector was affecting the Bank. Third
sepanjang tahun 2018 hanya meningkat 2,67% menjadi party funds in 2018 only grew 2.67% to Rp13.25 trillion.
Rp13,25 triliun. Namun demikian, Bank masih mampu However, the Bank still managed to keep capital in a
menjaga permodalan di level yang relatif sehat, yaitu relatively healthy level at 14.03%.
pada 14,03%.
Pada tahun 2018, Bank mencatatkan rugi bersih In 2018, the Bank recorded net loss of Rp401.1 billion,
Rp401,1 miliar, berbanding dengan laba bersih Rp121,5 compared to net profit of Rp121.5 billion in 2017. This is
miliar di tahun 2017. Hal ini terutama karena naiknya mainly due to the increasing amount of provisions due
jumlah provisi akibat penurunan kualitas kredit. to declining credit quality.
Pengawasan atas Implementasi Kebijakan Strategis Supervision on Strategic Policies Implementation

serta Frekuensi dan Cara Pemberian Nasihat kepada and Frequency and Method of Advisory to Members
Anggota Direksi of Board of Directors
Dewan Komisaris mengadakan Rapat Gabungan The Board of Commissioners held Joint Meetings of
Direksi dengan Dewan Komisaris untuk mengawasi Board of Directors and Commissioners to supervise
kebijakan strategis yang diterapkan di Bank agar sesuai strategic policies implemented in the Bank to be in
dengan target yang ingin dicapai. Dewan Komisaris line with the set targets. The Board of Commissioners
memberikan rekomendasi dan saran kepada Direksi gives recommendations and advices to the Board of
bila diperlukan untuk memastikan kebijakan strategis Directors when needed to ensure strategic policies are
berjalan dengan baik. well-implemented.
Dewan Komisaris mengadakan pertemuan rutin The Board of Commissioners held regular meetings
sebanyak 7 kali di tahun 2018, yang antara lain 7 times in 2018, among others discussing about
membahas mengenai pengawasan terhadap Direksi. supervision on the Board of Directors. This was aimed
Hal ini dilakukan untuk terus menumbuhkan kinerja to continue assisting the Bank’s performance to a
Bank ke arah yang positif. positive direction.
Manajemen Risiko Kredit Credit Risk Management

Pengambilan keputusan kredit di Bank didasari dengan Credit risk decision in the Bank is based on the Four
Four Eyes Principle, di mana unit Bisnis dan unit Credit Eyes Principles, where the Business Unit and Credit
Risk Review memiliki wewenang dan tanggung jawab Risk Review Unit have their own authorities and
masing-masing, sehingga mengurangi potensi risiko responsibilities, thus minimizing credit risk potentials.
kredit.
Pada tahun 2018, Bank melakukan peninjauan In 2018, the Bank reviewed the credit approval process
ulang terhadap proses pemberian kredit untuk to minimize potential of defaults in the future. The Bank
meminimalisasi potensi gagal bayar di masa depan. checked credit disbursement criteria and procedures,
Bank mengecek prosedur dan kriteria pemberian as well as scrutinizing the ability of debtors to pay
kredit, serta menelisik kemampuan para debitur untuk existing loans.
melakukan pembayaran dari pinjaman yang ada.

Sumber Daya Manusia Human Resources

Sumber Daya Manusia (SDM) adalah aset yang Human Resources (HR) is a strategic asset for
strategis bagian kelangsungan usaha Bank. Dewan the Bank’s business continuity. The Board of
Komisaris mendukung penuh upaya yang dilakukan Commissioners fully support the Board of Directors
Direksi untuk memperbaiki kualitas SDM, baik dengan effort to improve HR quality, by improving internal
meningkatkan kemampuan karyawan internal atau employees or seeking new talents.
mencari talenta baru.
Kami juga mendukung Direksi dalam mengembangkan We also support the Board of Directors in developing
sebuah Performance Driven Organization. Kami a Performance Driven Organization. We expect all
berharap semua karyawan dapat berjuang bersama- employees can work together in building business,
sama dalam membangun bisnis, mempunyai rasa having a sense of ownership in the Bank.
memiliki pada Bank.
Teknologi Informasi Information Technology

Teknologi informasi adalah infrastruktur yang penting Information technology is an important infrastructure
di dalam industri perbankan masa kini. Peranan SDM di in the banking industry currently. HR role in several
beberapa sisi perlahan mulai digantikan oleh teknologi. areas is slowly being replaced by technology.
Nasabah pun meminta keberadaan teknologi untuk Customers have also asked for technology assistance
membantu memudahkan mereka dalam mengakses to help them in accessing the Bank’s products and
produk dan jasa Bank. services.
Pada tahun 2018, Bank berhasil menjalankan modul In 2018, the Bank managed to run the new Finacle
Finacle yang baru, mencakup Core Banking, Internet module, covering Core Banking, Internet Banking
Banking Corporate, Treasury, dan Trade Finance. Corporate, Treasury, and Trade Finance. Moreover, the
Selain itu, Bank juga berhasil melakukan implementasi Bank also managed to implement Chatbot to inform
Chatbot agar nasabah dapat mengetahui tentang customers on the Bank’s products and services.
layanan dan produk Bank.
PROSPEK USAHA BUSINESS PROSPECT

Secara makro, pertumbuhan ekonomi dalam negeri From macro perspective, the domestic economic
kemungkinan akan mengalami pertumbuhan yang growth will likely be similar to the growth posted
tidak jauh berbeda dengan tahun 2018. Konsumsi in 2018. Private consumption will remain the main
swasta masih akan tetap menjadi pendorong utama driver of the economy. Investment is expected to
bagi perekonomian. Investasi diharapkan akan increase after the issues of Presidential and Legislative
meningkat setelah persoalan Pemilihan Presiden Elections pass. Meanwhile, exports will still depend
dan Legislatif selesai. Sementara, ekspor masih akan on global conditions, especially related to trade war
bergantung pada kondisi global, terutama terkait between the US and China.
dengan perang dagang antara AS dan Tiongkok.
Di sektor perbankan, Otoritas Jasa Keuangan cukup In the banking sector, the Financial Services Authority
optimistis dengan memasang target pertumbuhan is quite optimistic by setting a loan growth target in
kredit di kisaran 12% sampai 14% dan target the range of 12% to 14% and third party fund growth
pertumbuhan dana pihak ketiga di kisaran 8% sampai target in the range of 8% to 10%. We expect these
10%. Kami berharap agar target ini dapat dijangkau targets can be achieved by banks.
oleh bank-bank.
J Trust Bank untuk tahun 2019 akan berfokus pada J Trust Bank in 2019 will focus on consumer loans, with
kredit konsumen, dengan dukungan dari salah satu the support of one of our business groups PT J Trust
grup usaha kami PT J Trust Olympindo, sementara Olympindo, while we will shift the focus of SME loans
untuk kredit UKM kami akan menggeser fokus ke to outside Greater Jakarta. On funding, the Board
daerah di luar Jabodetabek. Dalam hal pendanaan, of Directors has set plans to increase the ratio of
Direksi telah menyusun rencana untuk meningkatkan low-cost funds to bring down the BOPO ratio. All of
rasio dana murah sehingga menurunkan rasio BOPO. these targets are in line with the strength of J Trust in
Semua hal ini sesuai dengan kekuatan J Trust di Jepang Japan which focuses on consumer loans.
yang menitikberatkan fokus pada pinjaman konsumen.

Dewan Komisaris mendukung penuh upaya Direksi The Board of Commissioners fully supports the Board
untuk menjalankan fokus baru ini karena dipandang of Directors’ efforts to implement this new focus
sesuai dengan kekuatan Perusahaan, serta sejalan because it represents the Company’s strength, and
dengan pendorong utama perekonomian Indonesia is in line with the main driver of Indonesian economy,
yaitu konsumsi swasta. which is private consumption.
PANDANGAN DEWAN KOMISARIS ATAS BOARD OF COMMISSIONERS’ VIEW ON CORPORATE

PENERAPAN TATA KELOLA PERUSAHAAN GOVERNANCE IMPLEMENTATION
Implementasi tata kelola perusahaan yang baik Good corporate governance implementation is an
merupakan identitas yang ada di dalam J Trust Bank. identity of J Trust Bank. The Board of Commissioners
Dewan Komisaris senantiasa menekankan pada Direksi always emphasizes to the Board of Directors to
agar menjalankan prinsip-prinsip tata kelola yang baik implement good corporate governance in doing
dalam berbisnis. Kami terus mengawasi Manajemen business. We keep monitoring the Management to
agar kaidah-kaidah tata kelola dipegang teguh. uphold governance principles.
Dewan Komisaris berpandangan bahwa Manajemen The Board of Commissioners views that the
dan seluruh karyawan telah berupaya menjalankan Management and all employees have tried to do
bisnis sesuai dengan prinsip-prinsip tata kelola business in accordance with good governance
yang baik. Kami melihat Manajemen juga berusaha principles. We see the Management tried to improve the
untuk terus meningkatkan sistem tata kelola, dan governance system, while identifying improvements
mengidentifikasi perbaikan-perbaikan yang bisa that could be made.
dilakukan.
PENERAPAN SISTEM PELAPORAN PELANGGARAN WHISTLEBLOWING SYSTEM IMPLEMENTATION

Bank memiliki sistem pelaporan pelanggaran atau The Bank has a Whistleblowing System (WBS), where
Whistleblowing System (WBS), di mana setiap every employee can report indications of fraud or
karyawan bisa melaporkan dugaan fraud atau conflict conflict of interest without having to worry about
of interest tanpa perlu merasa khawatir. Dewan their being. The Board of Commissioners continuously
Komisaris senantiasa melakukan pengawasan untuk monitors the system to ensure it is run effectively.
memastikan agar sistem ini berjalan dengan efektif. In 2018, there was no report going into WBS that
Selama tahun 2018, tidak ada laporan yang masuk ke needed special attention.
dalam WBS yang memerlukan adanya penanganan
khusus.
PENILAIAN TERHADAP KOMITE-KOMITE DEWAN ASSESSMENT ON THE COMMITTEES OF BOARD OF

KOMISARIS COMMISSIONERS
Dewan Komisaris memiliki tiga komite di bawahnya, The Board of Commissioners has three committees i.e
yaitu Komite Audit, Komite Pemantau Risiko, dan the Audit Committee, the Risk Oversight Committee,
Komite Remunerasi dan Nominasi. Ketiga komite ini and the Remuneration and Nomination Committee.
dinilai telah menjalankan tugasnya dengan baik sesuai The three committees have run their jobs accordingly
dengan wewenang dan tanggung jawab masing- in line with the authorities and responsibilities in 2018.
masing di tahun 2018.
Komite Audit mengadakan 9 pertemuan sepanjang The Audit Committee held 9 meetings in 2018 to
tahun 2018 untuk menelaah laporan keuangan dan evaluate financial statements and other financial
informasi keuangan lainnya. Komite Pemantau Risiko information. The Risk Oversight Committee held
mengadakan 6 pertemuan sepanjang tahun untuk 6 meetings to discuss about the Bank’s risk
membahas mengenai manajemen risiko Bank. Komite management. The Remuneration and Nomination
Remunerasi dan Nominasi bertemu 3 kali untuk Committee met 3 times to discuss issues related to
membahas hal-hal terkait kebijakan remunerasi dan remuneration and nomination policies.
nominasi.

PERUBAHAN KOMPOSISI DEWAN KOMISARIS CHANGES IN THE COMPOSITION OF BOARD OF

Pada tahun 2018, terjadi beberapa perubahan di COMMISSIONERS
komposisi Dewan Komisaris. Shigeyoshi Asano pindah In 2018, there were several changes in the composition
dari posisinya sebagai Komisaris untuk menjabat of Board of Commissioners. Shigeyoshi Asano
sebagai Presiden Direktur. Sementara itu, Ahmad Fajar moved from his position as Commissioner to become
dan Benny Luhur mengundurkan diri dari posisinya president director. Meanwhile, Ahmad Fajar and Benny
sebagai Komisaris dan Komisaris independen. Bank Luhur resigned from their positions as Commissioner
merekrut Nobuiku Chiba sebagai Komisaris. and Independent Commissioner. The Bank appointed
Nobuiku Chiba as Commissioner.
Dengan demikian, komposisi Dewan Komisaris per Therefore, the composition of Board of Commissioners
Maret 2019 adalah sebagai berikut: per March 2019 was as follows:
Presiden Komisaris: Nobiru Adachi President Commissioner: Nobiru Adachi
Komisaris: Nobuiku Chiba Commissioner: Nobuiku Chiba
Komisaris Independen: Mahdi Mahmudy Independent Commissioner: Mahdi Mahmudy
Komisaris Independen: Kwik Ing Hie Independent Commissioner: Kwik Ing Hie
APRESIASI APPRECIATION
Akhir kata, perkenankan kami mewakili Dewan Finally, on behalf of the Board of Commissioners of
Komisaris PT Bank JTrust Indonesia Tbk. mengucapkan PT Bank JTrust Indonesia Tbk. we would like to give
terima kasih yang sebesar-besarnya kepada para our gratitude to shareholders, stakeholders, business
pemegang saham, pemangku kepentingan, mitra kerja, partners, and customers for their support and trust in
dan nasabah untuk dukungan dan kepercayaannya di 2018.
tahun 2018.
Kami juga sangat mengapresiasi upaya dari Direksi We also appreciate the efforts of the Board of
dan seluruh karyawan untuk memajukan Bank sesuai Directors and all employees to develop the Bank in
dengan cita-cita kami. Kami berharap agar J Trust line with our ambition. We expect that J Trust Bank
Bank dapat terus tumbuh dan menjadi salah satu bank can continue growing and become one of the biggest
terbesar di Indonesia. banks in Indonesia.
Jakarta, 29 April 2019
Nobiru Adachi
Komisaris Utama

Laporan Direksi
Board of Directors’ Report
Shigeyoshi Asano
Direktur Utama
President Director
Di tengah tantangan yang cukup berat di tahun 2018, J Trust

Bank tetap fokus dan optimistis dalam menyongsong masa
depan, di mana Bank telah melakukan peninjauan ulang terhadap
kualitas kredit dan pendanaan untuk membangun struktur Bank
yang lebih sehat ke depannya.
In facing the tough challenges in 2018, J Trust Bank remains focused and
optimistic in responding to the future, in which the Bank has conducted a
review of its credit quality and funding in order to create a better structure of
the Bank going forward.
Para Pemegang Saham dan Pemangku Kepentingan Dear Respected Shareholders and Stakeholders,
yang Terhormat,
Tahun 2018 adalah sebuah tahun yang penuh The year of 2018 was a challenging year. Globally, the
tantangan. Secara global, perekonomian mengalami economy experienced a slowdown. This also impacted
sedikit perlambatan. Hal ini juga turut berdampak ke Indonesia’s economy in terms of trade and exchange
perekonomian Indonesia dari sisi perdagangan dan rate. However, we see that the domestic economy and
nilai tukar. Namun demikian, kami melihat bahwa domestic banking sector could expand in the midst of
ekonomi dalam negeri serta sektor perbankan those challenges.
domestik mampu tumbuh di tengah tantangan yang
ada.
J Trust Bank membuka tahun 2018 dengan rencana J Trust Bank started 2018 with fully prepared strategy
dan strategi yang sudah dipersiapkan dengan baik. and planning. However, several events happening in
Namun demikian, beberapa hal yang terjadi di tahun 2018 forced us to revise some things in order to build
2018 membuat kami harus merevisi beberapa hal a better foundation for the future. We will elaborate all
untuk membangun sebuah fondasi yang lebih kuat ke of the matters in this annual report.
depannya. Semua hal ini akan kami paparkan di dalam
laporan tahunan ini.
KONDISI MAKROEKONOMI 2018 MACROECONOMIC CONDITION IN 2018

Perekonomian global di tahun 2018 sedikit melambat The global economy in 2018 slightly slowed compared
dibandingkan dengan 2017, dengan pertumbuhan to 2017, with growth estimated to reach 3.0%. This was
diperkirakan mencapai 3,0%. Hal ini antara lain caused, among others, by the trade war between US
disebabkan oleh perang dagang antara AS dan and China, as well as pressure on emerging market
Tiongkok, serta tekanan terhadap mata uang negara- currencies in line with the movement of funds to US
negara berkembang seiring dengan pergeseran arus Dollar.
modal ke Dolar AS.
Perekonomian negara maju dan negara berkembang Growth in both developed economies and emerging
sama-sama diperkirakan melambat di tahun 2018, markets was estimated to slow down in 2018, to 2.2%
turun menjadi 2,2% dan 4,2%. AS masih membukukan and 4.2%. The US still booked a solid growth at under

Laporan Direksi
pertumbuhan yang solid, sedikit di bawah 3%, berkat 3%, boosted by consumer spending in the second half
dukungan dari belanja konsumen di semester kedua as well as fiscal stimulus and monetary policy.
serta stimulus fiskal dan kebijakan moneter.
Sementara itu, Tiongkok mengalami perlambatan Meanwhile, China saw economic slowdown due to
sedikit di perekonomiannya akibat melemahnya ekspor weakening exports and yuan currency. China’s GDP in
dan mata uang yuan. PDB Tiongkok di tahun 2018 2018 was 6.6%, or down 0.2% from the previous year.
mencapai 6,6%, turun 0,2% dari tahun sebelumnya.
Jepang turut terkena imbas dari melemahnya Japan was impacted by the Chinese economic
perekonomian Tiongkok, yang berdampak pada slowdown, which hurt several Japanese companies
beberapa perusahaan Jepang yang menyuplai that supplied components to the bamboo curtain
komponen ke negeri tirai bambu itu. PDB Jepang country. Japan’s GDP dropped from 1.9% in 2017 to
turun dari 1,9% di tahun 2017 ke 0,7%, walaupun ada 0.7%, despite an upward movement in the last quarter.
sedikit peningkatan di kuartal terakhir.
Di Indonesia, pertumbuhan ekonomi mencapai In Indonesia, economic growth reached the highest
tingkat tertinggi dalam lima tahun terakhir walaupun level in the past five years despite experiencing
mengalami tekanan pada ekspor dan nilai tukar. pressures on exports and exchange rate. Growth
Pertumbuhan mencapai 5,2% berkat konsumsi swasta increase to 5.2% supported by private consumption
dan investasi. and investment.
Laju inflasi pun berada di kisaran batas bawah target Inflation rate was within the lower range of Bank
Bank Indonesia di 3,13%. Hal ini bisa terjadi berkat Indonesia’s target at 3.13%. This happened due to the
upaya Pemerintah dalam mengendalikan harga Government’s efforts in managing volatile food prices
pangan yang bergejolak serta harga yang diatur. and administered prices.
Namun demikian, sepanjang tahun 2018 perekonomian Nevertheless, throughout 2018 the domestic economy
domestik menghadapi tantangan berat dalam bentuk faced great challenge in form of current account
defisit transaksi berjalan. Bank Indonesia menaikkan deficit. Bank Indonesia raised interest rate by 175 basis
suku bunga sebesar 175 basis poin sepanjang points throughout the year to reach 6% in December
tahun hingga mencapai 6% di Desember 2018 guna 2018 to reduce current account deficit. Still, current
menurunkan defisit transaksi berjalan. Namun, defisit account deficit was recorded at 3%.
transaksi berjalan tetap tercatat di 3%.
Selain itu, perpindahan arus modal ke Dolar AS juga Moreover, fund reversal to US Dollar caused the Rupiah
membuat Rupiah tertekan. Rupiah melemah rata- to be under pressure. The Rupiah weakened 6.05% on
rata 6,05% sepanjang tahun dan ditutup pada level average throughout the year and closed at Rp14,481
Rp14.481 per Dolar, sementara Indeks Harga Saham per Dollar, while the Jakarta Composite Index dropped
Gabungan turun 2,54%. 2.54%.
Di sektor perbankan, kinerja positif berhasil dibukukan The banking sector booked positive performance in
di tahun 2018. Pertumbuhan pinjaman sebesar 12% 2018. Loan growth of 12% far exceeded loan growth
jauh melampaui pertumbuhan pinjaman di tahun in the previous year which stood at 8.3%. This was
sebelumnya yang mencapai 8,3%. Hal ini juga diiringi accompanied by a relatively low non-performing loans
dengan rasio kredit bermasalah yang relatif rendah ratio at 2.4%. This indicated that banks could manage
di 2,4%. Ini menandakan perbankan mampu menjaga risk profile amidst the economic challenges.
profil risiko di tengah tantangan perekonomian.

Helmi Arief Hidayat Felix Istyono Hartadi Tiono Shigeyoshi Asano Rio Lanasier 1)
Direktur Direktur Kepatuhan Direktur Utama Direktur

Director Director of Compliance President Director Director
Tantangan terbesar yang dihadapi industri perbankan The biggest challenge faced by the banking industry
pada tahun 2018 adalah likuiditas ketat. Dana pihak in 2018 was tight liquidity. Third party funds only
ketiga hanya mampu tumbuh 6,4%, turun dari increased 6.4%, declining from a 9.4% growth in 2017.
pertumbuhan 9,4% di tahun 2017. Ketatnya likuiditas Tight liquidity led banks to look for alternative source
membuat perbankan mencari alternatif pendanaan, of funds, such as from the capital market.
seperti dari pasar modal.
Namun demikian, perbankan mampu menjaga rasio However, banks could maintain good capital ratio as
modal dengan baik seperti tercermin dari rasio reflected in the capital adequacy ratio (CAR) at 23.0%,
kecukupan modal (KPMM) di 23,0%, relatif tidak relatively unchanged from 23.2% in the previous year.
berubah dari 23,2% di tahun sebelumnya. Perbankan Banks were also becoming more efficient, with BOPO
juga terbilang lebih efisien, dengan rasio BOPO yang ratio declining to 77.9% from 78.6%.
menurun menjadi 77,9% dari 78,6%.
1) 1)
Telah mengundurkan diri sebagai Direktur Perseroan efektif tanggal Resigned from his position as Director of the Company dated
30 April 2019. April 30, 2019.

Laporan Direksi
Total laba perbankan di tahun 2018 adalah Rp150 Total banking profit in 2018 was Rp150 trillion,
triliun, naik 14,4% dari Rp131,2 triliun di tahun increasing 14.4% from Rp131.2 trillion in the previous
sebelumnya. Total aset perbankan naik 9,2% menjadi year. Total banking assets increased 9.2% to Rp8,063.3
Rp8.063,3 triliun, dari Rp7.387,6 triliun. trillion, from Rp7,387.6 trillion.
ANALISIS ATAS KINERJA PERUSAHAAN 2018 ANALYSIS ON COMPANY’S PERFORMANCE IN 2018
Implementasi Kebijakan Strategis Implementation of Strategic Policies

Pada periode 2014-2019 J Trust Bank menetapkan For the 2014-2019 period J Trust Bank set four priority
empat target prioritas, yang mencakup targets, covering 1) business development, 2) business
1) pengembangan bisnis, 2) proses bisnis, 3) sumber process, 3) human resources, and 4) infrastructure.
daya manusia, dan 4) infrastruktur.
Untuk pengembangan bisnis, Bank berfokus pada For business development, the Bank focused on multi
multi finance loan dan UKM untuk mendapat fee based finance loan and SME to obtain bigger fee based
income yang lebih baik dan memperbaiki struktur income and to improve CASA structure. We also tried
CASA. Kami juga berupaya untuk menurunkan to bring down cost of fund while performing efficiency
biaya dana (cost of fund) serta melakukan efisiensi through organizational restructuring and branches
melalui restrukturisasi organisasi dan penutupan closures. The change in core banking system is also
kantor cabang. Penggantian core banking system expected to provide simplicity for customers.
juga dilakukan untuk memberikan kemudahan bagi
nasabah.
Dalam hal SDM, Bank melanjutkan kebijakan In HR, the Bank continued the remuneration policy
remunerasi yang telah dilakukan di tahun 2017, serta implemented in 2017, while continued developing
terus mengembangkan kapasitas dari sumber daya capacity of existing human resources to support the
yang ada untuk mendukung usaha Bank di masa Bank’s business in the future.
mendatang.
Pencapaian Kinerja 2018 Performance Achievements in 2018

Pada tahun 2018, Bank melakukan peninjauan ulang In 2018, the Bank reviewed the credit quality and
terhadap kualitas kredit dan pendanaan untuk funding to build a healthier structure in the future.
membangun sebuah struktur yang lebih sehat
kedepannya.
Pinjaman pada tahun 2018 menurun 10,22% menjadi Loans in 2018 dropped 10.22% to Rp10.13 trillion, with
Rp10,13 triliun, dengan tingkat rasio kredit bermasalah the ratio of gross non-performing loans at 4.26%, up
bruto sebesar 4,26%, naik dari 2,94% pada tahun 2017, from 2.94% in 2017, due to non-performing loans. Total
karena adanya kredit bermasalah. Total aset masih assets still rose 3.8% to Rp17.82 trillion.
meningkat 3,8% menjadi Rp17,82 triliun.
Sementara itu, dana pihak ketiga (DPK) naik 2,67% Meanwhile, third party funds increased 2.67% to
menjadi Rp13,25 triliun. Hal ini terbilang cukup positif Rp13.25 trillion. This was quite positive in the middle
di tengah masalah likuditas ketat yang terjadi di of tight liquidity problems happening in the domestic
industri perbankan dalam negeri. Bank terus berupaya banking industry. The Bank continued to raise cheap
meningkatkan rasio dana murah untuk menekan biaya funds ratio to reduce cost of fund and improve Net
dana dan memperbaiki Net Interest Margin (NIM). NIM Interest Margin (NIM). NIM in 2018 reached 2.28%,
pada tahun 2018 mencapai 2,28%, turun dari 2,41% down from 2.41% in 2017.
di 2017.

Bank mencatatkan rugi bersih sebesar Rp401,1 miliar, The Bank recorded a net loss of Rp401.1 billion, down
turun dari laba bersih Rp121,5 miliar yang dibukukan from a net profit of Rp121.5 billion booked in 2017.
pada tahun 2017. Hal ini disebabkan oleh pembentukan This was caused by the large loan impairment due to
Cadangan Kerugian Penurunan Nilai yang cukup besar the drop in credit quality from several unperforming
akibat turunnya kualitas kredit dari beberapa debitur debtors.
yang bermasalah.
Namun demikian, Bank masih bisa mempertahankan Nevertheless, the Bank still managed to maintain
rasio kecukupan modal di angka yang relatif baik pada capital adequacy ratio at a relatively good level of
14,03%, sedikit menurun dibandingkan 14,15% di tahun 14.03%, slightly declining from 14.15% in 2017.
2017.
Optimisme dan Tantangan Optimism and Challenges

Walaupun mengalami tantangan yang cukup berat di Despite experiencing heavy challenges in 2018,
tahun 2018, terutama disebabkan oleh menurunnya especially due to the declining loan quality caused
kualitas kredit karena gagal bayar dari beberapa by loan defaults from several unperforming debtors, J
debitur bermasalah, J Trust Bank tetap optimistis Trust Bank remains optimistic in welcoming the future.
dalam menyongsong masa depan.
Sejak kuartal ketiga tahun 2018, kami melakukan Since the third quarter of 2018, we reviewed the
peninjauan ulang terhadap kualitas kredit yang sudah quality of existing loans and became very selective
ada dan bersikap sangat selektif dalam melakukan in disbursing new loans. The Bank also reviewed
pencairan kredit baru. Bank juga melakukan review all debtors to see their capabilities in fulfilling their
terhadap semua debitur untuk melihat kemampuan obligations.
mereka dalam memenuhi kewajibannya.
Kami juga menerapkan strategi dan rencana aksi untuk We also set strategy and action plan to collect
menagih kewaijban para debitur. Setiap perkembangan the debtors’ obligations. We will monitor every
akan dimonitor dengan ketat agar kualitas kredit dapat development in order to increase loan quality
ditingkatkan secara bertahap. Selain strategi, Bank gradually. In addition to the strategy, the Bank
juga memperbaiki sistem dan sumber daya manusia improved the system and human resources in relation
dalam hal pemberian kredit agar lebih sejalan dengan to loan disbursement to remain in line with prudential
prinsip kehati-hatian. principles.
Sebagai bagian dari Grup J Trust, Bank juga menyadari As part of the J Trust Group, the Bank also realizes that
bahwa potensi besar kami terletak pada sektor our biggest potential lies on the consumer financing
consumer financing, yang mana sesuai dengan sector, which is in line with the main strength of the
kekuatan utama perekonomian Indonesia. Kami Indonesian economy. We plan to focus on this sector,
berencana untuk memfokuskan diri pada sektor ini, particularly through one of our business groups,
terutama melalui salah satu grup usaha kami, yaitu PT JTrust Olympindo Multi Finance (JTO).
PT J Trust Olympindo Multi Finance (JTO).
Dengan dukungan JTO sebagai sebuah perusahaan With the support of JTO as a multifinance company
multifinance yang telah berdiri selama 45 tahun, kami that has been established for 45 years, we expect to
berharap dapat mendorong kredit untuk consumer boost loans in consumer financing which can increase
financing yang bisa meningkatkan NIM serta NIM and reduce the potential of non performing loans.
mengurangi potensi kredit bermasalah.

J Trust Bank juga tengah mengembangkan aplikasi J Trust Bank is also developing a mobile banking
mobile banking yang kami harap dapat menarik application which we expect can attract new customers
nasabah baru di era digital ini. Peningkatan jumlah in the digital era. The increase of new retail customers
nasabah baru retail diharapkan dapat menaikkan rasio is expected to increase the ratio of low-cost funds.
dana murah.
Pengembangan Sumber Daya Manusia Human Resources Development

Bank menginginkan kualitas sumber daya manusia The Bank wants the best quality of human resources
yang terbaik untuk mendukung bisnisnya. Oleh karena to support its business. Therefore we developed the
itu, kami mengembangkan organisasi Human Capital Human Capital organization based on the principle of
dengan prinsip Performance Driven Organization, Performance Driven Organization, in order to capture
demi mendapatkan talenta terbaik. Bank berupaya the best talents. The Bank strived to improve existing
terus meningkatkan talenta yang ada, serta mencari talents, while looking for new HR to support the Bank’s
SDM baru untuk mendukung kinerja Bank. Bagi kami, performance. For us, employees are brand ambassador
karyawan adalah brand ambassador bagi Perusahaan of the Company which will carry the name of
yang akan membawa nama J Trust Bank. J Trust Bank.
Untuk meningkatkan kapabilitas karyawan, Bank To increase employee capability, the Bank held
mengadakan pelatihan selama tahun 2018 yang antara trainings in 2018 which included certifications as well
lain berupa sertifikasi serta uji kompetensi. Bank as competence tests. The Bank also improved job
juga memperbaiki job grading serta remunerasi yang grading and remuneration to be in line with employees’
sesuai dengan kinerja karyawan. Total biaya untuk performance. Total cost spent for HR development in
pengembangan SDM di tahun 2018 mencapai Rp9,24 2018 was Rp9.24 billion.
miliar.
Penerapan Teknologi Informasi Information Technology Development

Teknologi informasi adalah infrastruktur yang Information technology is a crucial infrastructure to
sangat penting untuk mendukung usaha Bank. Pada support the Bank’s business. In 2018, we managed
tahun 2018, kami berhasil mengimplementasikan to implement the core banking application which
aplikasi core banking yang mencakup Core Banking, covered Core Banking, Internet Banking Corporate,
Internet Banking Corporate, Treasury, dan Trade Treasury, and Trade Finance. The Internet Banking
Finance. Modul Internet Banking Retail dan Mobile Retail and Mobile Banking modules still awaited for
Banking masih menunggu persetujuan dari Otoritas approval from the Financial Services Authority which
Jasa Keuangan yang diharapkan akan diberikan pada is expected to be given in the second quarter of 2019.
kuartal ke-2 tahun 2019.
Bank di tahun 2018 juga menyelesaikan implementasi The Bank in 2018 also completed the implementation
Chatbot untuk memudahkan nasabah mengetahui of Chatbot to simplify customers in knowing the
layanan dan produk J Trust Bank. Sementara itu, untuk products and services of J Trust Bank. Meanwhile, to
peningkatan keamanan, Bank melakukan enkripsi data improve security, the Bank conducted encryption of
yang berada di dalam hard disk untuk meminimalisasi data in hard disk to minimize the illegal use of data.
penggunaan data secara ilegal.
PROSPEK USAHA BUSINESS PROSPECTS

Pertumbuhan ekonomi domestik di tahun 2019 The domestic economy in 2019 is estimated to remain
diperkirakan akan berada di kisaran 5,0% sampai 5,4%, in the range of 5.0% to 5.4%, relatively stable as the
relatif stabil seperti pertumbuhan 2018. Konsumsi 2018 growth. Domestic consumption will remain
domestik masih akan menjadi motor perekonomian, the economic engine, while investment is expected
sedangkan investasi diharapkan akan meningkat pasca to increase after the Presidential and Legislative

Pemilihan Presiden dan Legislatif. Inflasi juga diprediksi Elections. Inflation is estimated to remain stable in the
akan tetap stabil di kisaran antara 2,5% sampai 4,5%, range of 2.5% and 4.5%, in line with the Government’s
sejalan dengan upaya Pemerintah menjaga harga- moves to maintain prices and Bank Indonesia’s efforts
harga dan upaya Bank Indonesia menahan tekanan to contain pressures to the Rupiah.
terhadap nilai tukar Rupiah.
Secara global, perekonomian dunia diprediksi akan Globally, the economy is predicted to weaken. Several
melemah. Beberapa faktor penyebabnya termasuk causes include continuing trade wars which slow down
konflik dagang yang terus berlanjut sehingga trade flows, and pressures in the financial markets of
memperlambat arus perdagangan, serta tekanan di emerging countries. The US economy is expected to
pasar keuangan negara-negara berkembang. Ekonomi weaken along with the diminishing fiscal stimulus,
AS diperkirakan akan melemah seiring dengan while China may likely maintain growth at the same
meredupnya stimulus fiskal, sedangkan Tiongkok level as in 2018. Japan may see growth rising slightly.
bisa mempertahankan pertumbuhan di tingkat yang
sama seperti 2018. Jepang mungkin akan melihat
pertumbuhan sedikit meningkat.
Kami optimistis bahwa ketidakpastian perekonomian We are optimistic that global economic uncertainty
global tidak akan banyak mempengaruhi fondasi will not much affect the foundation of domestic
ekonomi domestik yang ditopang oleh konsumsi. economy that is supported by consumption. The
Direksi meyakini bahwa Indonesia masih memiliki Board of Directors is confident that Indonesia still
potensi yang besar untuk pengembangan bisnis has large potential for the business development of
J Trust Bank. Kami juga sudah mempersiapkan rencana J Trust Bank. We also have prepared business plan that
bisnis yang akan mendukung pertumbuhan Bank, baik will support the Bank’s business, both from business
dari segi bisnis dan teknologi informasi. side and information technology.
Optimisme serupa juga dimiliki oleh Otoritas Jasa The Financial Services Authority (OJK) also shared the
Keuangan. Di tahun 2019, OJK memperkirakan sektor same optimism. In 2019, OJK predicted the banking
perbankan masih akan tumbuh positif. Pertumbuhan sector to have a positive growth. Loan growth will
kredit akan meningkat, berada di antara 12% sampai increase at around 12% to 14%, while the growth in
14%, sedangkan pertumbuhan dana pihak ketiga third party funds will reach 8% to 10%.
mencapai 8% sampai 10%.
PERKEMBANGAN PENERAPAN TATA KELOLA DEVELOPMENT OF GOOD CORPORATE

PERUSAHAAN GOVERNANCE IMPLEMENTATION
Kemajuan bisnis sebuah bank erat dengan tata kelola Business progress of a bank is closely related with
perusahaan yang baik. Tanpa adanya Good Corporate good corporate governance. Without Good Corporate
Governance, sulit bagi sebuah bank untuk dapat Governance, it will be difficult for a bank to gain trust
meraih kepercayaan dari masyarakat sebagai nasabah from the public as potential customers. J Trust Bank,
potensial. J Trust Bank, dari Dewan Komisaris, Direksi, from the Board of Commissioners, Directors, and all
dan seluruh karyawan, memiliki komitmen penuh employees, has strong commitment to realized good
untuk merealisasikan tata kelola yang baik, sesuai corporate governance, in compliance with existing
dengan regulasi-regulasi yang ada dan praktik-praktik regulations and international best practices.
terbaik internasional.
Sejak mengakuisisi Bank, kami telah melakukan Since acquiring the Bank, we have conducted good
prinsip-prinsip tata kelola yang baik, antara lain melalui corporate governance, such as through the Bank’s GCG
self assessment GCG Bank yang disampaikan ke OJK self assessment submitted to OJK every six months
setiap enam bulan sekali dan penyampaian laporan and the submission of annual report consistently.
tahunan secara konsisten.

Di tahun 2018, Bank terus menjalankan bisnis sesuai In 2018, the Bank continued to do business in
dengan prinsip-prinsip GCG. Sehubungan dengan compliance with GCG principles. In that regard,
itu, kami berencana memperkuat struktur Dewan we plan to strengthen the structure of Board of
Komisaris dan Direksi untuk dapat memperkuat tata Commissioners and Directors to strengthen good
kelola perusahaan. corporate governance.
PENILAIAN TERHADAP KINERJA KOMITE-KOMITE ASSESSMENT ON THE PERFORMANCE OF

DI BAWAH DIREKSI COMMITTEES UNDER BOARD OF DIRECTORS
J Trust Bank memiliki tujuh komite di bawah Direksi, J Trust Bank has seven committees under the
yaitu Komite Manajemen Risiko, Asset & Liability Board of Directors consist of the Risk Management
Committee (ALCO), Komite Pengarah Teknologi Committee, the Asset & Liability Committee (ALCO),
Informasi, Komite Human Capital, Komite Produk & the Information Technology Steering Committee, the
Aktivitas Baru, Komite Internal Control, dan Komite Human Capital Committee, the New Activity & Product
Kredit. Committee, the Internal Control Committee, and the
Credit Committee.
Direksi menilai bahwa semua komite telah menjalankan The Board of Directors assessed that all committees
tugas dengan baik di tahun 2018, sesuai dengan have performed their jobs accordingly in 2018, in line
rencana kerja Bank. with the Bank’s business plan.
PERUBAHAN KOMPOSISI ANGGOTA DIREKSI CHANGES IN THE COMPOSITION OF BOARD OF

DIRECTORS
Pada tahun 2018, terjadi perubahan di komposisi In 2018, there were changes in the composition of
anggota Direksi. Rapat Umum Pemegang Saham Board of Directors. The Extraordinary General Meeting
(RUPS) Luar Biasa pada 20 September 2018 of Shareholders (GMS) on September 20, 2018,
menyetujui diangkatnya Shigeyoshi Asano sebagai approved the appointment of Shigeyoshi Asano as
direktur utama, menggantikan Ritsuo Ando. RUPS president director, replacing Ritsuo Ando. The GMS in
pada bulan Juni juga menyetujui pengunduran diri June also approved the resignation of Yosuke Tanaka.
Yosuke Tanaka.
Per 1 Januari 2019, Dewan Komisaris lalu Per January 1, 2019, the Board of Commissioners
memberhentikan sementara Ritsuo Ando dan Haryanto dismissed temporarily Ritsuo Ando and Haryanto Budi
Budi Purnomo. Dengan demikian, komposisi anggota Purnomo. Therefore, the composition of members of
Direksi per Maret 2019 adalah sebagai berikut: Board of Directors per March 2019 was as follows:
Jabatan Nama | Name Position

Direktur Utama Shigeyoshi Asano President Director
Direktur Felix I. Hartadi Tiono Director
Direktur Helmi A. Hidayat Director
Direktur Rio Lanasier Director

APRESIASI APPRECIATION
Melalui laporan tahunan ini, kami mewakili jajaran With this annual report, we representing the Board of
Direksi J Trust Bank ingin memberikan apresiasi Directors of J Trust Bank want to give appreciation
pada tim manajemen dan para karyawan atas the management and employees for their hard work
jerih payahnya selama tahun 2018. Kami juga throughout 2018. We also extend acknowledgment
menyampaikan penghargaan pada pemegang saham to shareholders for their trust. We will continue to
atas kepercayaannya. Kami akan terus berupaya develop the Bank.
memajukan Bank.
Selain itu, kami juga mengucapkan terima kasih pada Moreover, we also thank all customers for their support
para nasabah atas dukungan dan kepercayaannya. and confidence. We will continue to build mutually
Kami akan terus menjaga hubungan baik yang saling beneficial relationships for all parties. We expect the
bermanfaat bagi semua pihak. Kami berharap Bank Bank and customers can grow together.
dan para nasabah dapat terus tumbuh bersama.
Jakarta, 29 April 2019
Shigeyoshi Asano
Direktur Utama
President Director

Tanggung Jawab Pelaporan Tahunan
RESPONSIBILITY FOR ANNUAL REPORTING
Surat Pernyataan Anggota Dewan Komisaris

tentang Tanggung Jawab atas Laporan Tahunan 2018
PT BANK JTRUST INDONESIA Tbk.
Statement from the Board of Commissioners Regarding Responsibility
for Annual Reporting 2018 PT BANK JTRUST INDONESIA Tbk.
Kami yang bertanda tangan di bawah ini menyatakan We the undersigned hereby declare that all information
bahwa semua informasi dalam Laporan Tahunan in the 2018 Annual Report of PT BANK JTRUST
PT BANK JTRUST INDONESIA Tbk. tahun 2018 INDONESIA Tbk. has been fully completed and we are
telah dimuat secara lengkap dan bertanggung fully responsible for the accuracy of the Company’s
jawab penuh atas kebenaran isi Laporan Tahunan Annual Report contents.
Perusahaan.
Demikian pernyataan ini dibuat dengan sebenarnya. This statement letter is made and signed in good faith.
Jakarta, 29 April 2019 Jakarta, April 29, 2019
Nobiru Adachi
Komisaris Utama
Nobuiku Chiba Mahdi Mahmudy Kwik Ing Hie

Komisaris Komisaris Independen Komisaris Independen
Commissioner Independent Commissioner Independent
Commissioner

Surat Pernyataan Anggota Direksi

tentang Tanggung Jawab atas Laporan Tahunan 2018
Statement from the Board of Directors Regarding Responsibility
for Annual Reporting 2018 PT BANK JTRUST INDONESIA Tbk.
Kami yang bertanda tangan di bawah ini menyatakan We the undersigned hereby declare that all information
bahwa semua informasi dalam Laporan Tahunan in the 2018 Annual Report of PT BANK JTRUST
PT BANK JTRUST INDONESIA Tbk. tahun 2018 INDONESIA Tbk. has been fully completed and we are
telah dimuat secara lengkap dan bertanggung fully responsible for the accuracy of the Company’s
jawab penuh atas kebenaran isi Laporan Tahunan Annual Report contents.
Perusahaan.
Demikian pernyataan ini dibuat dengan sebenarnya. This statement letter is made and signed in good faith.
Jakarta, 29 April 2019 Jakarta, April 29, 2019
Shigeyoshi Asano
Direktur Utama
President Director
Felix I. Hartadi Tiono Rio Lanasier Helmi Arief Hidayat

Direktur Direktur Direktur
Director Director Director

Bab • Chapter
01
Profil
Perusahaan
Corporate Profile

Informasi Perusahaan
Corporate Information
Nama Perusahaan Company Name Lembaga Profesi dan Penunjang Pasar Modal Stock
PT Bank JTrust Indonesia Tbk. Exchange Supporting Profession and Entity
Tanggal Pendirian Date of Establishment Kantor Akuntan Publik

29 Mei 2015 (PT Bank JTrust Indonesia Tbk.) Public Accountant Firm
Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan –
Kegiatan Usaha Type of Business Crowe Indonesia
Jasa Perbankan Cyber 2 Tower Lantai 20
Banking Services Jl. H.R. Rasuna Said Blok X-5
Jakarta 12950
Alamat Address Tel. : (62-21) 2553 9292
Sahid Sudirman Center 33rd Floor. Fax. : (62-21) 2553 9289
Jl. Jend. Sudirman No. 86
Jakarta 10220 Notaris
Indonesia Notary
Tel. : (62-21) 2926 1111 (Hunting) Jose Dima Satria
E-mail: rgunawan@jtrustbank.co.id Jl. Taman Gandaria No. 11A
Website: www.jtrustbank.co.id Jakarta 12420
Tel. (62-21) 291 25500
Modal Dasar Authorized Capital
12.000.387.615 Biro Administrasi Efek
Lembar Saham/Shares Share Registrar
PT Sharestar Indonesia
Modal Ditempatkan dan Disetor Penuh Citra Graha Building Lantai 7
Issued and Fully Paid Capital Jl. Jend. Gatot Subroto Kav. 35-36,
10.012.124.501 Jakarta 12950
Lembar Saham/Shares Tel. : (62-21) 527 7966
Fax. : (62-21) 527 7967
Jumlah Karyawan 2018
Number of employee 2018 Informasi pada Website Perusahaan
947 Information on Corporate Website
Bank memiliki situs website yakni https://www.
Total Aset 2018 jtrustbank.co.id/ yang dapat diakses secara real time
Total Assets 2018 oleh publik. Informasi pada website tersebut meliputi
Rp17,823 triliun | trillion antara lain:
• Informasi produk dan layanan perbankan;
• Penerapan good corporate governance
Entitas Anak dan Entitas Asosiasi
• Informasi pemegang saham sampai dengan pemilik
Subsidiaries and Associate Entity
akhir individu;
PT Bank JTrust Indonesia Tbk. tidak memiliki anak
• Struktur grup perusahaan;
perusahaan, dan merupakan bagian dari kelompok
• Analisis kinerja keuangan;
usaha J Trust Group
• Laporan keuangan tahunan (5 tahun terakhir); dan
PT Bank JTrust Indonesia Tbk. has no subsidiary and is
• Profil Dewan Komisaris dan Direksi.
part of J Trust Group.
The Bank has a website namely https://www.jtrustbank.
co.id/ that can be accessed in real time by general
public. The information on the website includes:
• Information on banking products and services;
• Implementation of good corporate governance
• Information on shareholders until individual owners;
• The Company’s Group Structure;
• Analysis on financial performance;
• The annual financial statements (in the last 5 years);
and
• Board of Commissioners and Board of Directors
profiles.


Sekilas J Trust Bank
J Trust Bank at a Glance
Latar Belakang | Background
J Trust Co., Ltd. (J Trust), merupakan perusahaan

holding dengan lingkup operasi global yang terpilih
sebagai pemenang dari 11 peminat dalam proses
divestasi Perseroan, yang mana sebelumnya berada
di bawah kontrol Lembaga Penjamin Simpanan (LPS).
J Trust Co., Ltd. (J Trust), is a holding company with global operations
which was chosen as the winner among 11 interested parties in the
divestment process of the Company, which was under the control of the
Indonesia Deposit Insurance Corporation (LPS).
Perjanjian jual beli kondisional antara LPS dan The conditional sales agreement between LPS and
J Trust Co., Ltd. yang telah ditandatangani dan berlaku J Trust Co., Ltd. which has been signed and became
efektif setelah Rapat Umum Pemegang Saham Luar effective after the Company’s Extraordinary General
Biasa (RUPSLB) Perseroan tanggal 20 November Shareholders Meeting (EGSM) on November 20,
2014, memungkinkan J Trust Co., Ltd. untuk memiliki 2014, allowed J Trust Co., Ltd. to own the majority
mayoritas saham Perseroan dengan dikecualikan dari of Company’s stock while being excluded from
regulasi pembatasan kepemilikan saham asing pada restriction of foreign shareholding in commercial
bank umum komersial di Indonesia. RUPSLB tersebut banks in Indonesia. EGSM has made J Trust Co., Ltd.
menjadikan J Trust Co., Ltd. sebagai pemilik saham as the owner of 99% shares of the Company after
99% dari Perseroan setelah sebelumnya LPS mendapat LPS received the approval letter of Financial Services
surat persetujuan Otoritas Jasa Keuangan (OJK) yang Authority (OJK) on November 10, 2014.
diterima pada 10 November 2014.
Perubahan Nama Change of Name

Setelah menjadi pemilik saham utama, J Trust Co., After becoming the main shareholder, J Trust Co.,
Ltd. mengirimkan perwakilan terbaiknya untuk Ltd. sent its best representatives to improve and
meningkatkan kemampuan dan merestrukturisasi restructure the Company. After several internal
Perseroan. Setelah berbagai pembenahan internal revamp and consolidation with many companies under
dan konsolidasi dengan berbagai perusahaan di J Trust Co., Ltd., the Company changed its name to
bawah naungan J Trust Co., Ltd., Perseroan melakukan PT BANK J TRUST INDONESIA Tbk. through EGSM on
perubahan nama menjadi PT BANK JTRUST March 30, 2015.
INDONESIA Tbk. melalui RUPSLB tanggal 30 Maret
2015.

Setelah mendapat persetujuan Kementerian Hukum After acquiring approval from the Ministry of Law and
dan Hak Asasi Manusia tanggal 7 April 2015, dan Human Rights on April 7, 2015, and OJK on May 21, 2015,
persetujuan OJK tanggal 21 Mei 2015, PT BANK JTRUST PT BANK JTRUST INDONESIA Tbk was announced
INDONESIA Tbk resmi diumumkan ke publik pada officially to the public on May 29, 2015.
29 Mei 2015.
Pengumuman tersebut menjadi langkah awal The announcement marked the initial step of J Trust
keberadaan J Trust Bank yang hadir untuk memberikan Bank’s existence in serving the people of Indonesia
pelayanan berkualitas dengan standar Jepang kepada and Southeast Asia with Japanese-standard service
masyarakat di Indonesia dan Asia Tenggara. quality.
Tentang J Trust Bank About J Trust Bank

J Trust Bank senantiasa memberikan pengalaman J Trust Bank aims to provide the best and quality
perbankan terbaik dan berkualitas untuk setiap banking experience for customers in every segment,
segmen nasabah, serta terus menciptakan lingkungan while creating supportive environment for highly-
yang mendukung orang-orang bermotivasi kerja motivated people.
tinggi.
Dengan populasi terbesar keempat dunia, Indonesia Indonesia, the fourth largest populated country in the
memiliki potensi pertumbuhan ekonomi yang tinggi world, has a high potential of economic growth among
bahkan di antara negara lain di Asia Tenggara. Setiap other countries in Southeast Asia. Every year, the
tahun, ekonomi Indonesia terus berkembang dan Indonesian economy continuously progresses along
jumlah masyarakat dengan pendapatan menengah with income growth of the middle-class segment.
terus bertumbuh. Oleh karena itu, terdapat peluang Therefore, there is a business opportunity to develop
dan kesempatan bisnis untuk mengembangkan jasa retail financial services targeting the middle-class
pelayanan keuangan ritel yang menargetkan kalangan segment. By integrating banking experience with
pendapatan menengah tersebut. Dengan integrasi the insight of Japanese retail finance, J Trust Bank is
keahlian perbankan yang didukung wawasan keuangan confident in achieving various business opportunities
ritel Jepang, J Trust Bank yakin dapat meraih berbagai in order to continue growing in Indonesia and
peluang bisnis untuk terus berkembang di Indonesia Southeast Asia.
dan Asia Tenggara.
Jejak Langkah
Milestones
Lembaga Penjamin Simpanan (LPS) secara resmi menyerahkan

Perseroan ke J Trust Co., Ltd. melalui Rapat Umum Pemegang
20 Saham Luar Biasa (RUPSLB).
Nov
The Indonesia Deposit Insurance Corporation (LPS) officially
2014 handed over the Company to J Trust Co., Ltd. through the
Extraordinary General Meeting of Shareholders (EGMS).
30 29 23 29
Mar Mei Jun Sep
2015 2015 2015 2015
Rapat Umum Pemegang Perubahan nama Perseroan Perkenalan logo baru J Trust Peningkatan modal dasar
Saham Luar Biasa (RUPSLB) menjadi PT BANK JTRUST Bank dan awal restrukturisasi menjadi Rp15 triliun dan
menyetujui penambahan INDONESIA Tbk. organisasi dan manajemen. penambahan modal.
modal dan perubahan nama
menjadi J Trust Bank. Change of Company’s Introduction of new J Trust Increase of Authorized
name to PT BANK JTRUST Bank logo and beginning Capital to be Rp15 trillion and
Additional paid in capital INDONESIA Tbk. of management and additional Paid in Capital.
and rebranding to J Trust organization restructuring.
Bank approved by the
Extraordinary General Meeting
of Shareholders (EGMS).
22 28
Sep Jun
2018 2018
Rapat Umum Pemegang Rapat Umum Pemegang Saham The Company’s Annual General
Saham Luar Biasa Perseroan Tahunan Perseroan menyetujui untuk Meeting of Shareholders approved
menyetujui Perubahan melakukan penggabungan nilai nominal a reverse stock action for Series A
Susunan Pengurus Perseroan saham (reverse stock) Perseroan untuk and Series B Shares with the ratio
dan organisasi lebih lanjut. Saham Seri A maupun Saham Seri B of 100,000 (one hundred thousand)
dengan rasio setiap 100.000 (seratus old shares into 1 (one) share with a
The Company’s Extraordinary ribu) Saham lama menjadi 1 (satu) new nominal value. In the AGM, the
General Meeting of saham dengan nilai nominal baru. Management held a public expose
Shareholders approved the Dalam Rapat tersebut Manajemen for 2017 financial performance.
Changes in the Management menyelenggarakan paparan publik The Reverse Stock was realized on
of the Company and the kinerja keuangan selama tahun 2017. October 5, 2018.
organization. Reverse Stock tersebut terealisasikan
terhitung tanggal 5 Oktober 2018.

1 10 28
Okt Des Des
2015 2015 2015
PT Bank JTrust Indonesia J Trust Bank menjadi Bank Restrukturisasi manajemen

Tbk. secara resmi mengawali dengan status pengawasan lebih lanjut dan perpindahan
langkah di Indonesia melalui normal dari OJK. alamat dan lokasi kantor
Grand Launching J Trust Bank. pusat.
The Indonesian Financial
PT Bank JTrust Indonesia Tbk. Services Authority (OJK) Further management
officially started in Indonesia stated that J Trust Bank had restructuring and changes
through the Grand Launching become Bank under normal of headquarters address and
event of J Trust Bank. supervision. location.
22 30 23 30
Des Mar Des Jun
2017 2017 2016 2016
Manajemen J Trust Bank Rapat Umum Pemegang Restrukturisasi manajemen Restrukturisasi manajemen
menyelenggarakan paparan Saham Tahunan Perseroan lebih lanjut dan pengalihan dan organisasi lebih lanjut.
publik kinerja keuangan menyetujui Penambahan saham seri A.
Triwulan III/2017. Modal Tanpa Hak Memesan Further restructuring
Efek Terlebih Dahulu sebesar Further management of management and
J Trust Bank’s Management Rp1 triliun. restructuring and transfer of organization.
organized a public expose series A shares.
to inform the Company’s The Company’s Annual
financial performance for General Meeting of
Q3/2017. Shareholders approved
Private Placement of
Rp1 trillion.

Visi & Misi
Vision & Mission
Visi
“Menjadi 10 bank teratas di Indonesia dengan rasio
Vision
keuntungan tertinggi terhadap aset yang memiliki inovasi
teknologi keuangan yang unik untuk menyediakan
pengalaman terbaik bagi nasabah, memberikan
berkontribusi bagi perkembangan ekonomi masyarakat
Indonesia.”
“Become the top 10 bank in Indonesia with the highest profit to asset ratio that
having unique financial technology innovation to provide the best customer
experience, contributing to the economic development of Indonesian society.”
Misi • Terus meningkatkan pelayanan melalui pengembangan

Mission teknologi dan proses bisnis.
• Menyediakan layanan yang unik, inovatif, dan tercepat
yang dapat memuaskan pelanggan.
• Mendukung profesional yang memiliki kinerja tinggi
yang akan terus dapat meningkatkan nilai pemangku
kepentingan.
• Continuously improve service through technology development and business

process.
• Provide a unique, innovative, and fastest service that can satisfy the
customers.
• Supporting high performing professionals who will continue to increase
stakeholders values
Visi dan Misi disusun berdasarkan Memo Persetujuan Direksi No. 104/MEMO/HCD/2018
Vision and Mission according to the Board of Directors Approval Memo No. 104/MEMO/HCD/2018

Nilai-nilai Perusahaan
Corporate Value
SUPERNOVA TEAM
Speed
S Selalu mempertimbangkan bagaimana memberikan kecepatan dalam setiap
aspek pekerjaan.
Always thinking to create speed in every aspect of work.
Uniqueness
Menjadi unik di industri perbankan dengan memiliki nilai jual yang unik, serta
U menyediakan teknologi keuangan terbaik yang memberikan solusi keuangan
yang unik.
Becoming unique in the banking industry by having unique sales value, while
providing the best financial technology in creating unique financial solutions.
Professionalism
PER Jadilah efisien dalam segala hal yang dilakukan dalam pekerjaan.
Becoming efficient in every task performed in the job.
Innovation
Selalu menjadi inovatif, dan mencoba untuk menciptakan metode baru dalam
NOVA mengatasi situasi.
Always being innovative, and trying to create new methods in handling

situations.
Teamwork
Kerjakan prioritas bersama dengan tim dan maksimalkan hasilnya, serta selalu
bersikap transparan di dalam semua aspek.
TEAM
Working on shared priority with team and maximizing the result, and always
being transparent in all aspects.

Filosofi Logo J Trust Bank
J Trust Bank Logo Philosophy
Brand logo J Trust Bank adalah turunan dari logo

korporat J Trust, perusahaan induk kami di Jepang.
Logo tersebut merepresentasikan keyakinan bahwa
kredibilitas dan reliabilitas sangat diperlukan untuk
mendapatkan dukungan dari nasabah dan para pemangku
kepentingan. Logo ini merepresentasikan J Trust yang
lahir di tengah-tengah masa pergolakan, tetapi tetap
memilki kekuatan untuk melangkah ke depan. Ombak
hebat yang tetap bertahan di tengah putaran arus, dan
kekuatan untuk selamat dari masa-masa sulit tergambar
pada bentuk lingkaran. Lingkaran adalah garis berputar
tanpa akhir, menggambarkan keadilan, kenyamanan, dan
ﬂeksibilitas. Oleh sebab itu, inovasi dan kebebasan juga
direpresentasikan pada logo ini.
The brand logo of J Trust Bank is derived from the corporate logo of J Trust,
our parent company in Japan. The logo represents confidence that credibility and
reliability are needed to get support from customers and stakeholders. The logo
represents J Trust which was born during upheaval, but still has the strengths to
move forward. Great waves which survive amidst the tides, and the strengths to
survive from difficult moments are illustrated by the circle. Circle is and endless
line, illustrating justice, comfort, and ﬂexibility. Therefore, innovation and freedom
are also represented in this logo.

Bidang Usaha
Business Segment
Kegiatan Usaha berdasarkan Anggaran Dasar Business Activities based on the Latest Articles of
Terakhir Association
Berdasarkan Anggaran Dasar terakhir, Bank Based on the latest Articles of Association, the Bank
menjalankan kegiatan usaha dalam bidang jasa caries out its business activity in the banking industry.
perbankan.
Maksud dan tujuan Perseroan sesuai Anggaran Dasar In accordance with the Articles of Association and
Perseroan dan Tanda Daftar Perusahaan adalah the Company Register List, the Company’s aim and
berusaha di bidang bank umum swasta nasional objective is to conduct business as private national
devisa. Untuk mencapai maksud dan tujuan tersebut, foreign exchange commercial bank. To achieve its aim
Bank melaksanakan kegiatan usaha usaha pokok, yaitu and objective, the Company undertakes core business
sebagai berikut: activities as follows:
a. Menghimpun dana masyarakat dalam bentuk a. To engage in public deposit taking in the form of
simpanan berupa giro, deposito berjangka, sertifikat demand deposits, time deposits, certificate of
deposito, tabungan dan/atau bentuk lainnya yang deposits, savings, and/or other forms which are
dipersamakan dengan itu; equivalent to them;
b. Memberikan kredit/pinjaman, baik jangka panjang, b. To provide credit/loans, either for long term, medium
jangka menengah, atau jangka pendek, dan pinjaman term, or short term, as well as other forms of loan
dalam bentuk lainnya yang lazim diberikan dalam as usually provided in the banking sector, with due
dunia perbankan, dengan tetap memperhatikan consideration of prevailing laws and regulations;
ketentuan peraturan perundang-undangan yang c. To engage in fund transfer, either for own use or on
berlaku; behalf of the customers;
c. Memindahkan uang baik untuk kepentingan sendiri d. To engage in fund placement in, fund borrowing
maupun untuk kepentingan nasabah; from, or fund lending to, other banks, using letter,
d. Menempatkan dana pada, meminjam dana dari, atau communication infrastructure, or money order,
meminjamkan dana kepada bank lain, baik dengan cheque, or other means;
menggunakan surat, sarana telekomunikasi maupun e. To engage in foreign exchange activities in
dengan wesel unjuk, cek atau sarana lainnya; accordance with regulations from Bank Indonesia.
e. Melakukan kegiatan dalam valuta asing dengan
memenuhi ketentuan yang ditetapkan oleh Bank
Indonesia.

Produk dan Layanan
Products and Services
Guna mendukung kemudahan masyarakat dalam To support easy access to daily financial services and
mengakses layanan jasa keuangan sehari-hari dan to become necessary business development facility for
sebagai sarana pengembangan bisnis, J Trust Bank the community, J Trust Bank provides various forms
menyediakan beragam bentuk produk/jasa keuangan of financial products/services that focus on the areas
dengan berfokus melalui bidang Commercial Banking, of Commercial Banking, Small Medium Enterprise &
Small Medium Enterprise & Consumer, Retail Funding, Consumer, Retail Funding, Treasury & Institutional
Treasury & Instititutional Funding, dan Consumer yang Funding, and Consumer, which in general can be
secara umum dapat kami jelaskan sebagai berikut: explained as follows:
Commercial Banking, Small Medium Enterprise & Commercial Banking, Small Medium Enterprise &
Consumer Loan Consumer Loan
• Menjadi Bank pilihan dalam layanan pembiayaan • To be the bank of choice in financing service
segmen konsumtif dengan penawaran produk yang for customer sector by providing attractive and
menarik dan kompetitif. competitive products.
• Sebagai mitra utama pilihan pembiayaan kredit • To be the prime partner in consumer finance of
oleh perusahaan keuangan di Indonesia. financial institutions in Indonesia.
• Produk dan jasa yang ditawarkan, adalah: • Products and services provided, as follows:
o Kredit Pemilikan Rumah (KPR) o Mortgage Loan (KPR)
o Kredit Tanpa Agunan o Unsecured Loans
o Kredit Modal Kerja o Working Capital Loans
o Kredit Angsuran Berjangka o Installment Loans
o Trade Finance o Trade Finance
Retail Funding Retail Funding

• Menjadi bank pilihan dalam memenuhi layanan • To be the bank of choice in fulfilling transaction
kebutuhan transaksi untuk “mass affluent” needs for mass affluent.
• Menjadi bank penyedia jasa layanan prima, • To be the Bank of prime service provider, particularly
khususnya kepada kelompok nasabah utama Bank. for the Bank’s priority customers.
• Mengoptimalkan jaringan kantor dan ATM untuk • Optimizing office networks and ATMs to get closer
lebih mendekatkan diri dengan segmen retail. to the retail segment.
• Melakukan publikasi produk, layanan dan korporasi • Publishing products, services, and the Bank corporate
melalui promosi dan iklan untuk meningkatkan image through promotions and advertisements to
awareness J Trust Bank di masyarakat yang pada increase J Trust Bank awareness in the community,
akhirnya akan memperluas segmen nasabah. which will eventually expand the customer segment.
• Produk dan jasa yang ditawarkan, adalah: • Products and services provided, as follows:
o Tabungan o Savings
- Tabungan MOE - Tabungan MOE
- Tabungan Bisnis - Tabungan Bisnis
- Tabungan JTrust - Tabungan JTrust
- Tabunganku - Tabunganku
- Tabungan Rencana - Tabungan Rencana
o Giro Rupiah dan Valuta Asing (USD, SGD, EUR, o Rupiah Current Accounts and Foreign Exchange
JPY, AUD) (USD, SGD, EUR, JPY, AUD)
o Deposito Berjangka Rupiah dan Valuta Asing o Rupiah Time Deposits and Foreign Exchange
(USD, SGD, EUR, JPY, AUD) (USD, SGD, EUR, JPY, AUD)
o Produk Bancassurance dari 2 penyedia Asuransi o Bancassurance products from 2 insurance
- Premi Tunggal providers
- Premi Reguler - Single Premium
- Asuransi Umum dan Asuransi Kredit - Regular Premium
- General Insurance and Credit Insurance

Treasury & Institutional Funding Treasury & Institutional Funding

• Menjadi bank penyedia kebutuhan produk • Becoming a bank that provides the ultimate and
treasury utama dan lengkap yang mendukung complete treasury products, which support the
pengembangan bisnis nasabah utama Bank. development of the Bank’s main customer business.
• Menjadi salah satu bank penyedia layanan transaksi • Becoming one of the banks that provide transaction
bagi institusi pemerintah dan korporasi services for government and corporate institutions.
• Produk dan jasa yang dihasilkan, adalah: • The products and services produced are:
o Transaksi Banknotes o Banknotes Transaction
o Transaksi Devisa Umum o General Foreign Exchange Transactions
o Surat Berharga atau Fixed Income Securities o Securities or Fixed Income
(SB/FIS)
Layanan Lain Other Services

• Bank Garansi • Bank Guarantee
o Tender Bond o Tender Bond
o Advance Payment Bond o Advance Payment Bond
o Performance Bond o Performance Bond
o Maintenance Bond o Maintenance Bond
o Shipping Guarantee o Shipping Guarantee
• Referensi Bank • Bank Reference
• Letter of Credit • Letter of Credit
• Jual Beli Mata Uang Asing • Foreign Exchange
• Kliring • Clearing
• Kiriman Uang Dalam dan Luar Negeri • Remittances
• Inkaso Dalam dan Luar Negeri • Domestic and Foreign Collections
• Safe Deposit Box • Safe Deposit Box
• Bancassurance • Bancassurance
• Payment & Billing • Payment & Billing
• Kartu ATM dan Debit • ATM Card and Debit Card
• Internet Banking • Internet Banking

Struktur Organisasi
Organization Structure
Director Committees
Credit
Human Capital
President Director
Information Technology
Risk
Asset Liability
MD
MD MD
Finance,
Treasury & Funding Asset Management
Planning & IT
EVP
Business
Corporate,
Treasury & Capital Special Asset
Financial Control Commercial &
Market Management
Business Linkage
Planning & Financial

Retail Business
Performance Institution
Information Cash & Financial

Technology Technology
Funding &
Distribution
Project Management
Management
Office

Board of
Commissioners
BoC Committees
Audit
Nomination & Remuneration
Risk Monitoring
Advisor
MD MD
Risk, Legal & Business Risk &
Compliance Operation
EVP
HC & GS
Human Capital & Corporate Legal & Credit Risk

Internal Audit
General Services Compliance Reviewer
Risk Operation & Credit Corporate

Management Administration Secretary
Performance
Improvement
Plan
President Office &

Japan Linkage

Struktur Grup
Group Structure
FINANCIAL BUSINESS
Domestic Financial Business

(Consolidated
(Consolidated (Consolidated
Subsidiary)
Subsidiary) Subsidiary)
NIHON HOSHOU Co.,
Partir Servicer Co., Ltd. J TRUST Card Co., Ltd.
Ltd.
Financial Business in South Korea and Mongolia

(Consolidated (Consolidated (Consolidated
Subsidiary) Subsidiary) Subsidiary)
JT Chinae Savings Bank JT Savings Bank Co., TA Asset Management
JT Capital Co., Ltd. J Trust Credit NBFI
Co., Ltd. Ltd. Co., Ltd.
J Trust Co., Ltd. (The Holding Company)
Financial Institution Depositor Operator

Financial Business in Southeast Asia
(Consolidated
Subsidiary)
PT JTRUST
PT Bank JTrust PT JTRUST OLYMPINDO
Consumer Investee Client

INVESTMENTS
Indonesia Tbk. MULTI FINANCE
INDONESIA
Investment Business
(Consolidated
Subsidiary)
J TRUST ASIA PTE. LTD.
NON-FINANCIAL BUSINESS
Holding Company
(Consolidated
Subsidiary)
KeyHolder, Inc.
Real Estate Business

(Consolidated
Subsidiary)
Keynote Co., Ltd.
IT System Business
(Consolidated
Subsidiary)
J Trust System Co., Ltd.


Shareholders Information
Komposisi Pemegang Saham Shareholders Composition
Nominal
Saham Jumlah Persentase
Jumlah Saham
Keterangan Nominal Value Total Percentage Description
Number of Shares
of Share (Rp) (%)
(Rp)
Modal Dasar: Authorized Capital:
- Seri A 1.000.- 12.000.003.000 12.000.003.000.000 - - Series A
- Seri B 7.800.000.- 384.615 2.999.997.000.000 - - Series B
Total Modal Dasar 12.000.387.615 15.000.000.000.000 Total Authorized Capital
Issued and Fully Paid

Modal Disetor
Capital
Saham Seri A: Series A Shares:
1. Group Lease Holdings 1. Group Lease
1.000.- 281.549.137 281.549.137.000 2.812
Pte. Ltd. HoldingsPte. Ltd.
2. J Trust Co., Ltd., Jepang 1.000.- 9.630.170.618 9.630.170.618.000 96.185 2. J Trust Co., Ltd., Japan
3. PT JTrust Investments 3. PT JTrust Investments
1.000.- 100.121.245 100.121.245.000 1.000
Indonesia Indonesia
Subtotal 10.011.841.000 10.011.841.000.000 99.997 Subtotal
Saham Seri B: Series B Shares
1. J Trust Co., Ltd., Jepang 7.800.000,- 26.693 208.205.400.000 0 1. J Trust Co., Ltd., Japan
2. Publik 7.800.000.- 256.808 2.003.102.400.000 0.003 2. Public
Subtotal 283.501 2.211.307.800.000 0.003 Subtotal
Jumlah Modal Ditempatkan Total Issued and Fully Paid
10.012.124.501 12.223.148.800.000 100.000
dan Disetor Penuh Capital
Modal dalam Portepel: Treasury Stock:

- Seri A 1.000.- 1.988.162.000 1.988.162.000.000 - Series A
- Seri B 7.800.000.- 101.114 788.689.200.000 - Series B
Total Modal ditempatkan Total Issued and Fully Paid
198.826.011.365.626 12.223.148.800.000 100.000
dan disetor penuh Capital

Saham Seri A adalah saham baru yang diterbitkan atas Series A shares are new shares issued under the
Penyertaan Modal Sementara (PMS) yang dilakukan framework of Temporary Equity Participation by LPS
oleh LPS dalam rangka pengambilalihan Bank oleh as part of the Bank’s acquisition by LPS in November
LPS pada November 2008. Dalam rangka memenuhi 2008. In order to comply with the provisions of Article
ketentuan Pasal 42 Undang-Undang No. 24 Tahun 42 of Law No. 24/2004 as amended by Law No. 7/2009
2004 sebagaimana telah diubah dengan Undang- on LPS, LPS subsequently undertook a divestment
Undang No. 7 Tahun 2009 tentang LPS, maka LPS program of LPS majority shares in the Bank to J Trust
telah melakukan program divestasi atas mayoritas Co., Ltd., Japan, through the conditional sale and
saham milik LPS pada Bank kepada JTrust Co., Ltd., purchase agreement of shares dated September 12,
Jepang melalui perjanjian penjualan dan pembelian 2014.
saham bersyarat tanggal 12 September 2014.
Seluruh Saham Seri A belum dicatatkan di Bursa. All Series A shares have not been listed in the Stock
Sedangkan saham Seri B merupakan saham yang Exchange. Meanwhile, Series B shares represent the
dimiliki oleh pemegang saham pendiri terdahulu dan shares held by the previous founders as well as shares
saham yang dimiliki oleh pemegang saham yang owned by shareholders who bought the Bank’s shares
membeli saham Bank melalui IPO. through IPO.
Kepemilikan Saham Anggota Direksi dan Dewan Share Ownership of Members of the Board of
Komisaris Directors and the Board of Commissioners
Tidak ada kepemilikan saham oleh Direksi dan Dewan There is no share ownership by the Board of Directors
Komisaris. and the Board of Commissioners.
Jumlah Pemegang Saham dan Persentase Total Shareholders and Percentage of Ownership
Kepemilikan berdasarkan Klasifikasi Per 31 Desember based on Classification as of December 31, 2018
2018
Persentase
Nominal (lembar saham)
Klasifikasi Percentage Classification
Nominal (per share)
(%)
Kepemilikan Institusi Lokal 100.209.491 1,0008 Ownership of Local Institutions
Kepemilikan Institusi Asing 9.911.872.033 98,9986 Ownership of Foreign Institutional
Kepemilikan Individu Lokal 41.052 0,0004 Ownership of Local Individual
Kepemilikan Individu Asing 1.925 0,0002 Ownership of Foreign Individuals

Pemegang Saham Utama dan Pengendali Controlling and Ultimate Shareholders
Informasi Pemegang Saham J Trust Co., Ltd.

per 30 September 2018
Shareholders of J Trust Co., Ltd.
as of September 30, 2018
FUJISAWA PTE. LTD. PUBLIC

Taiyo HANEI Nobuyoshi
(Rest of Public
Fund, L.P. Fujisawa (Ultimate Shareholder)
Shareholder)
Shares: 5,46% Shares: 11,65% Shares: 25,91%
Shares: 56,98%

PT Bank JTrust Indonesia Tbk.
per 31 Desember 2018
Shareholders of
as of December 31, 2018
PT JTRUST GROUP LEASE

INVESTMENTS HOLDINGS PTE., LTD. PUBLIC
J TRUST CO., LTD.
INDONESIA Shares: 0,0028%
Shares: 96,1851% (Ultimate Shareholder)
(LISTED AT IDX
Shares: 1,0000% (JAPAN) Shares: 2,8121% INDONESIA)
(INDONESIA) (SINGAPORE)
PT BANK JTRUST INDONESIA
NO SUBSIDIARY
COMPANY/SHARES
Anak Perusahaan, Perusahaan Asosiasi dan Subsidiaries, Associates and Joint Venture
Perusahaan Ventura Bersama Company
Bank tidak memiliki entitas anak, perusahaan asosiasi, The Bank does not have subsidiaries, associated
perusahaan ventura bersama. companies, joint venture companies.

Kronologi Pencatatan Saham The Chronology of Share Listing
Kronologi pencatatan saham Seri B sebagai berikut: Chronology of Series B Shares as follow:
Jumlah Penambahan/
Aksi Korporasi Pengurangan Saham Jumlah Saham Tercatat
Tanggal Pencatatan Date of Listing
Corporate Action Number of Additions/ Total Shares Listed
Reduction of Shares
25 Juni 1997 IPO 230.000.000 230.000.000 June 25, 1997
31 Agustus 1998 Saham Bonus 55.200.000 285.200.000 August 31, 1998
1 April 1999 Stock Split 1.140.800.000 1.426.000.000 April 1, 1999
20 April 1999 HMETD 570.400.000 1.996.400.000 April 20, 1999
11 Juni 1999 Partial Delisting 19.964.000 1.976.436.000 June 11, 1999
17 Juli 2000 Waran 7.692.500 1.984.128.500 July 17, 2000
30 Agustus 2000 HMETD 401.773.500 2.385.902.000 August 30, 2000
31 Agustus 2000 Partial Delisting 4.142.410 2.381.759.590 August 31, 2000
24 Maret 2003 Waran 109.975.338 2.491.734.928 March 24, 2003
26 Maret 2003 HMETD 5.738.909.508 8.230.644.436 March 26, 2003
22 Juli 2003 HMETD 2.469.205.464 10.699.849.900 July 22, 2003
2 Agustus 2004 Waran 433.300 10.700.283.200 August 2, 2004
15 Desember 2004 Partial Relisting 6.701.953.175 17.402.236.375 December 15, 2004
5 Januari 2005 Partial Relisting 2.357.723.076 19.759.959.451 January 5, 2005
6 Januari 2006 Waran 2.720.564.816 22.480.524.267 January 6, 2006
29 Mei 2007 Partial Delisting 27.205.648 22.453.318.619 May 29, 2007
11 Juli 2001 HMETD 5.613.329.655 28.066.648.274 July 11, 2001

Keterangan: Note::
1. Pada bulan Juni 1997, Bank (dahulu PT Bank CIC 1. In June 1997, the Bank (formerly PT Bank CIC International
International Tbk) melakukan IPO dengan menjual Tbk) conducted an IPO by selling 70,000,000 shares worth
70.000.000 sahamnya yang bernilai Rp500 per saham IDR500 per share with an offering price of IDR900 per
dengan harga penawaran Rp900 per saham. Kemudian share. The Bank subsequently listed 230,000,000 shares at
Bank melakukan pencatatan sejumlah 230.000.000 the Indonesia Stock Exchange consisting of 160,000,000
saham di Bursa Efek Indonesia yang terdiri dari founders’ shares and 70,000,000 shares of IPO proceeds.
160.000.000 saham pendiri dan 70.000.000 saham 2. The total of B series shares amounted to 28,350,177,035
hasil IPO. shares:
2. Total seluruh saham seri B berjumlah 28.350.177.035 a. All 28,066,648,274 shares (99%) are listed on the
saham: Indonesia Stock Exchange.
a. Sejumlah 28.066.648.274 saham (99%) tercatat di b. The 283,501,499 shares (1%) are not listed.
Bursa Efek Indonesia.
b. Sejumlah 283.501.499 saham (1%) tidak tercatat.
Kronologi Penerbitan dan Pencatatan Efek Lainnya Chronology of Other Securities Listing or Recording
Pada tahun 2018, Bank tidak melakukan pencatatan In 2018, the Bank did not record other securities
atas efek lain selain saham. besides shares.

Statistik Profil dan

Komposisi Karyawan
Statistics of Employee Profile and Composition
Statistik profil dan komposisi karyawan yang The statistics of employee profile and composition
menginformasikan perbandingan komparatif 2 tahun that present comparisons of the last 2 years along with
terakhir beserta data pengembangan kompetensi employee competency development data that reflects
karyawan yang mencerminkan adanya kesempatan the opportunities for each level of organization are
untuk masing-masing level organisasi tercantum pada presented in the discussion on Human Resources.
pembahasan Sumber Daya Manusia.
Komposisi Karyawan berdasarkan Tingkat Pendidikan

Employee Composition based on Education Level
10,13 0
0,84 5,59
S3 | Doctorate
0,42
S2 | Post Graduate
14,78 S1 | Bachelor Degree
D4 | Diploma 4
0
2018 D3 | Diploma 3
% D2 | Diploma 2
68,21
D1 | Diploma 1
Lainnya | Others
Komposisi Karyawan berdasarkan Level Jabatan

Employee Composition based on Position
0 Kepala Divisi | Division Head

2,11
1,05 Wakil Kepala Divisi | Vice of Division
0 Head
0 9,29 Kepala Regional | Regional Head
4,54
Kepala Bagian | Unit Head
0
Pimpinan Cabang | Branch Manager
Wakil Pimpinan Cabang | Vice of Branch
15,94
2018 Manager
% Kepala Seksi | Section Head
Kepala Bagian Operasional | Operations
Head
4,75 Operasional Officer | Operations Officer
Officer/Staff | Officer/Staff
54,59 Clerk/Karyawan Dasar | Clerk/Basic
7,70
Employee
Non Clerk | Non Clerk
Komposisi Karyawan berdasarkan Status

Employee Composition based on Status
11,94
Tetap | Permanent
88,06
2018 Kontrak | Non Permanent
%

Komposisi Karyawan berdasarkan Usia (tahun)
Employee Composition based on Age (years)
0,63 0 15-19 tahun | years

0 20-24 tahun | years
9,18 7,18
25-29 tahun | years
13,72 30-34 tahun | years
35-39 tahun | years
2018
%
50-54 tahun | years
55-59 tahun | years
19,53 >60 tahun | years
16,89
Komposisi Karyawan berdasarkan Jenis Kelamin

Employee Composition based on Gender
Pria | Male
Wanita | Female
45,19 54,81
2018
%
Komposisi Karyawan berdasarkan Masa Kerja (tahun)

Employee Composition based on Working Period (years)
7,07 1,79
0-5 tahun | years
11-15 tahun | years
7,91
16-20 tahun | years
2018 21-25 tahun | years

% >25 tahun | years
15,20 61,66

Jaringan Kantor
Offices Network
Per Desember 2018/As of December 2018.
Kantor Pusat/Cabang
Office/Branch Alamat Provinsi
No.
Nama Kantor Tipe Kantor Address Province
Office Name Office Type
Kantor Pusat Jakarta Jl. Jenderal Sudirman No. 86, Gd. Sahid Sudirman DKI Jakarta
Center Lt. 33
1 Kantor Cabang Medan - Putri Hijau Jl. Putri Hijau No. 4 BC Sumatera Utara
2 Kantor Cabang Batam - Costa Rica Komp. Pertokoan Costa Rica Niaga Blok B1 No. 3 - 3A Kepulauan Riau
3 Kantor Cabang Pekanbaru - Sudirman Jl. Jenderal Sudirman No. 150 A - B Riau
4 Kantor Cabang Jambi - Gatot Subroto Jl. Gatot Suboto No. 75 Jambi
5 Kantor Cabang Pangkal Pinang - Jl. Jenderal Sudirman No. 30 - 32 Bangka Belitung
Sudirman
6 Kantor Cabang Palembang - Kebumen Jl. Kebumen Darat No. 834 Sumatera Selatan
7 Kantor Cabang Jakarta - Sudirman Jl. Jenderal Sudirman No. 86, Gd. Sahid Sudirman DKI Jakarta
Center Lt. GF
8 Kantor Cabang Bogor - Suryakencana Jl. Suryakencana No. 294 - 296 Jawa Barat
9 Kantor Cabang Bandung - Juanda Jl. Ir. H. Juanda No. 28 Jawa Barat
10 Kantor Cabang Karawang - KIIC Jl. Permata Raya Lot CA1, Sentra KIIC Lt. 1 No. 1 Jawa Barat
11 Kantor Cabang Semarang - Pemuda Jl. Pemuda No. 150, Komp. Ruko Pemuda Mas Blok Jawa Tengah
A4, Sekayu
12 Kantor Cabang Solo - Slamet Riyadi Jl. Slamet Riyadi No. 295 Jawa Tengah
13 Kantor Cabang Yogyakarta - Diponegoro Jl. Pangeran Diponegoro No. 9 DI Yogyakarta
14 Kantor Cabang Surabaya - Darmo Jl. Raya Darmo No. 92 Jawa Timur
15 Kantor Cabang Denpasar - Teuku Umar Jl. Teuku Umar No. 121 Blok D1 - D2, Komp. Teuku Bali
Umar Investama
16 Kantor Cabang Balikpapan - Sudirman Jl. Jenderal Sudirman No. 11 Kalimantan Timur
17 Kantor Cabang Samarinda - Sudirman Jl. Jenderal Sudirman No. 4C Kalimantan Timur
18 Kantor Cabang Pontianak - Juanda Jl. Ir. H. Juanda No. 55-56 Kalimantan Barat
19 Kantor Cabang Makassar - Jl. Botolempangan No. 18 Sulawesi Selatan
Botolempangan
20 Kantor Cabang Bandar Lampung - Jl. Jenderal Sudirman No. 23 E - F Lampung
Sudirman
21 Kantor Cabang Malang - Sutoyo Jl. Letjen. Sutoyo No. 124 Jawa Timur
22 Kantor Cabang Cirebon - Yos Sudarso Jl. Yos Sudarso No. 15 D - F Jawa Barat
23 Kantor Cabang Pembantu Sungai Liat - Sudirman Jl. Jenderal Sudirman, Sungai Liat, Komp. Ruko Bangka Belitung
Permata Indah Blok A No. 1 A -B
24 Kantor Cabang Pembantu Palembang - Rajawali Jl. Rajawali No. 1087 - 1088 Sumatera Selatan
25 Kantor Cabang Pembantu Medan - Asia Jl. Asia No. 172 C Sumatera Utara
26 Kantor Cabang Pembantu Jakarta - Tanah Abang Komp. Pertokoan Tanah Abang, Bukit Blok F No. DKI Jakarta
16 - 17
27 Kantor Cabang Pembantu Jakarta - Gajah Mada Jl. Gajah Mada No. 11 A - B DKI Jakarta
28 Kantor Cabang Pembantu Jakarta - Mangga Dua Jl. Mangga Dua Raya, Komp. Mangga Dua Plaza Blok DKI Jakarta
H. No.1 - 3
29 Kantor Cabang Pembantu Jakarta - Tomang Jl. Tomang Raya Terusan Kav.71-72, Gd. Graha DKI Jakarta
Sukandamulia Lt. 1
30 Kantor Cabang Pembantu Jakarta - Puri Indah Jl. Puri Indah Raya, Pasar Puri Indah Blok I No. 37 DKI Jakarta

Kantor Pusat/Cabang
Office/Branch Alamat Provinsi
No.
Nama Kantor Tipe Kantor Address Province
Office Name Office Type
31 Kantor Cabang Pembantu Jakarta - Pintu Kecil Jl. Pasar Pagi No. 101 A (D/H No. 99) DKI Jakarta
32 Kantor Cabang Pembantu Jakarta - Kelapa Gading JL.Raya Boulevard Barat Blok LC 6 Kav. No. 55 DKI Jakarta
Boulevard
33 Kantor Cabang Pembantu Jakarta - Muara Karang Jl. Muara Karang Raya Blok A 8 Utara No. 21 DKI Jakarta
34 Kantor Cabang Pembantu Jakarta - Sunter Jl. Danau Sunter Blok G-7C No. 5, Sunter Agung DKI Jakarta
35 Kantor Cabang Pembantu Jakarta - Fatmawati Jl. R.S. Fatmawati 22 B - D DKI Jakarta
36 Kantor Cabang Pembantu Jakarta - Pondok Indah Jl. Metro Pondok Indah Blok UA No. 71 DKI Jakarta
37 Kantor Cabang Pembantu Jakarta - Kuningan JL.H.R. Rasuna Said Kav. B4, Gd. Wisma Kodel Lt. 1 DKI Jakarta
38 Kantor Cabang Pembantu Jakarta - Tebet Jl. Tebet Raya No. 26D, Tebet Barat DKI Jakarta
39 Kantor Cabang Pembantu Jakarta - Kemang Jl. Kemang Selatan Raya No. 111 H DKI Jakarta
40 Kantor Cabang Pembantu Jakarta - Klender Buaran Plaza Lt. Dasar No. 8-10, Jl. Radin Inten No. 1, DKI Jakarta
Buaran, Klender
41 Kantor Cabang Pembantu Tangerang Selatan - Perumahan Alam Sutera, Jalur Sutera 29D No. 39 Banten
Serpong
42 Kantor Cabang Pembantu Bekasi - Grand Mall Jl. Jenderal Sudirman, Grand Mall Bekasi Blok B No. 8 Jawa Barat
43 Kantor Cabang Pembantu Karanganyar - Palur Jl. Raya Palur KM 0,5 RT 05 RW 02 Jawa Tengah
44 Kantor Cabang Pembantu Surabaya - Darmo Jl. Raya Darmo No. 92 Jawa Timur
45 Kantor Cabang Pembantu Depok - Margonda Jl. Margonda Raya No. 252 D Jawa Barat
46 Kantor Kas Jakarta - AEON Mall AEON Mall Jakarta Garden City Lt. GF Unit G-68, Jl. DKI Jakarta
Cakung Boulevard Garden City, Cakung
47 Kantor Kas Cikarang - Jababeka Hotel Holiday Inn Cikarang Jababeka Lt. 1, Jl. Jawa Barat
Jababeka Raya Kav. A-2 Jababeka 1, Cikarang

Pejabat Executive
Executive Officers
Jabatan Nama | Name Position

Kepala Divisi Corporate Secretary Rudyanto Gunawan Corporate Secretary Division Head
Kepala Divisi Audit Internal Edi Alpian Internal Audit Division Head
Kepala Divisi President Office & Japan Nozomi Kitaoka President Office & Japan Linkage Division
Linkage Head
Kepala Divisi Information Technology Denny Siauw Information Technology Division Head
Kepala Divisi Corporate Legal & Mohamad Sjafari Corporate Legal & Compliance Division
Compliance Head
Kepala Divisi Manajemen Risiko A. S. Puwandren Risk Management Division Head
Kepala Divisi Human Capital & General Agung Cahyanto Human Capital & General Services Division
Services Head
Kepala Divisi Financial Control Eko Bramantyo Financial Control Division Head
Kepala Divisi Planning & Performance Rudyanto Gunawan Planning & Performance Division Head
Kepala Divisi Treasury & Capital Market Jhon Habibie Barus Treasury & Capital Market Division Head
Kepala Divisi Financial Institution Ika Risti Tobing Financial Institution Division Head
Kepala Divisi Funding & Distribution Tekun Halim Funding & Distribution Management
Management Lucky Maya Fritsiana Division Head
Kepala Divisi Cash & Financial Technology Tatta Ambarala Cash & Financial Technology Division Head
Kepala Divisi Corporate, Commercial & Antonius Herdaru Corporate, Commercial & Business Linkage
Business Linkage Division Head
Kepala Divisi Retail Business Tomas Sugiono Retail Business Division Head
Kepala Divisi Operation & Credit Christiati E. Sianipar Operation & Credit Administration Division
Administration Head
Kepala Divisi Credit Risk Reviewer Binsar P. Hutauruk Credit Risk Reviewer Division Head
Kepala Divisi Special Asset Management Agung Subagiyo Special Asset Management Division Head
Project Management Office Heri Suralesmana Project Management Office
Performance Improvement Plan Bonny Wahyudi Performance Improvement Plan

Profil Dewan Komisaris
Board of Commissioners’ Profiles
Nobiru Adachi
Komisaris Utama
Warga Negara Jepang, 61 tahun, berdomisili di Jepang. Japanese Citizen, 61 years old, domiciled in Japan.
Diangkat sebagai Komisaris Utama J Trust Bank sejak Appointed as President Commissioner of J Trust Bank
30 Desember 2014 yang saat itu dikenal sebagai Bank since December 30, 2014, at that time was known as Bank
Mutiara. Mutiara.
Beliau memiliki pengalaman di Kementerian Keuangan He has more than 27 years of working experience at the
Jepang selama 27 tahun. Beliau bergabung dengan Japan’s Ministry of Finance. He joined the Japan’s Ministry
Departemen Keuangan Jepang pada April 1980 dan of Finance in April 1980, where he held various strategic
mengemban berbagai jabatan strategis, yaitu Direktur positions such as Director of the Tax Office in Onomichi
Kantor Pelayanan Pajak Onomichi pada Juli 1986, Direktur in July 1986, Director of Deputy Finance Minister for
Wakil Menteri Keuangan untuk Urusan Internasional, International Affairs, Secretariat of the Minister in June
bagian Sekretariat Menteri pada Juni 1997, Penasehat 1997, Legal Counsellor of the Budgeting Bureau, Director
Hukum di Biro Anggaran, Direktur pada Divisi Riset of International Bureau’s Research Division in June 2002,
Biro Internasional pada Juni 2002, Direktur Institut Director of Policy Research Institute of the Ministry of
Riset Kebijakan Departemen Keuangan pada Juni 2004, Finance in June 2004, Director General of Customs in
Direktur Jenderal Bea Cukai di Hakodate pada Juni Hakodate in June 2005. He was appointed as Officer
2005. Beliau ditunjuk sebagai Officer di Jasdaq Securities in Jasdaq Securities Exchange Inc. in April 2006, then
Exchange Inc. pada April 2006, dipromosikan menjadi promoted as Executive Officer in June 2006 and Country
Executive Officer pada Juni 2006 dan Country Head Head for Japan in ETF Securities Ltd in October 2008.
untuk Jepang di ETF Securities Ltd pada Oktober 2008, Then he served as Chairman and CEO in M & A Solution
sebelum menjabat sebagai Chairman dan CEO di M & A Japan Co., Ltd. in October 2011. He joined J Trust Co., Ltd.
Solution Japan Co., Ltd. pada Oktober 2011. Bergabung in April 2013, serving as Advisor before became Managing
dengan J Trust Co., Ltd. pada April 2013 sebagai Advisor. Director in June 2013. The next position was the Director
Kemudian, beliau menjabat sebagai Managing Director of Representative and Senior Managing Director in charge
pada Juni 2013. Selanjutnya, beliau menjabat sebagai of Corporate Management Department, followed by
Direktur Perwakilan dan Senior Managing Director joining J Trust Bank as Commissioner in November 2014,
yang bertanggung jawab atas Corporate Management prior to his appointment as President Commissioner.
Department dan bergabung dengan J Trust Bank
sebagai Komisaris pada November 2014, sebelum
ditunjuk sebagai Komisaris Utama.
Beliau menyelesaikan pendidikan Sarjana di Fakultas He obtained his Bachelor degree from Faculty of Law
Hukum di Universitas Tokyo pada 1980 dan Fakultas University of Tokyo in 1980 and from Faculty of Economics
Ekonomi di Case Western University pada 1983. Case Western University in 1983.

Nobuiku Chiba Mahdi Mahmudy

Komisaris Komisaris Independen
Commissioner Independent Commissioner
Warga Negara Jepang, 46 Tahun. Diangkat sebagai Warga Negara Indonesia, 61 tahun, berdomisili di Jakarta.
Komisaris J Trust Bank berdasarkan RUPSLB pada Diangkat melalui RUPST pada 30 Juni 2016.
20 September 2018.
Pengalaman bekerja terakhir sebagai Direktur Eksekutif
Saat ini, beliau menjabat sebagai Direktur JT Chinae Departemen Regional Bank Indonesia Area Kalimantan.
Savings Bank dan JT Savings Bank - Korea Selatan, Beliau memiliki pengalaman di industri perbankan selama
Executive Director di JT Capital - Korea Selatan dan 31 tahun. Beliau memulai karier di Bank Indonesia pada
menjabat sebagai Representative Director, Senior 1986. Beliau meraih gelar Sarjana Sosial di bidang
Managing Executive Officer J Trust Co., Ltd. yang Manajemen Finansial dari Universitas Indonesia pada
bertanggung jawab pada bisnis keuangan di Korea tahun 1984. Kemudian, beliau meraih gelar Master di
Selatan dan bisnis nonbank di Asia Tenggara. bidang Kebijakan Moneter dari University of Illinois pada
1992 dan gelar Doktor di bidang Management Strategic
Beliau memiliki pengalaman selama 26 tahun di industri dari Universitas Indonesia pada 2011.
keuangan di Jepang dan Korea Selatan.
Indonesian Citizen, 61 years old, domiciled in Jakarta.
Japanese Citizen, 46 years old. Appointed as Commissioner Appointed by AGMS on June 30, 2016.
of J Trust Bank based on EGMS on September 20, 2018.
Previously, he worked at Bank Indonesia as Executive
Currently, he serves as Director of JT Chinae Savings Bank Director at Regional Department of Kalimantan Area.
and JT Savings Bank – South Korea, Executive Director He has more than 31 years of working experience in the
of JT Capital – South Korea and Representative Director, banking industry. He started his career in 1986 at Bank
Senior Managing Executive Officer J Trust Co., Ltd. in Indonesia. He obtained his Bachelor of Arts degree in
charge of financial business in South Korea and non-bank Financial Management from the University of Indonesia
business in Southeast Asia. in 1984, Masters degree in Monetary Policy from the
University of Illinois in 1992, and Doctorate degree in
He has 26 years of experience in Japan and South Korea. Management Strategic from the University of Indonesia
in 2011.

Kwik Ing Hie
Komisaris Independen
Independent Commissioner
Warga Negara Indonesia, 56 tahun, berdomisili di Jakarta. Indonesian Citizen, 56 years old, domiciled in Jakarta.
Diangkat melalui RUPST pada 30 Juni 2016. Appointed in the AGMS on June 30, 2016.
Beliau berpengalaman di industri keuangan dan konsultasi He has 30 years of experience in the financial industry
selama 30 tahun. Saat ini, beliau menjabat sebagai and consultancy. Currently he serves as Managing Partner
Managing Partner di Sternbridge Partner sejak 2015. in Sternbridge Partner since 2015. Previously he became
Sebelumnya, beliau menjabat sebagai Komisaris MPM as Commissioner of MPM since 2010 and as members of
sejak 2010 dan sebagai anggota Komite GCG serta Ketua the GCG Committee and Chairman of the Nomination
Komite Nominasi dan Remunerasi (KNR) MPM sejak and Remuneration Committee of MPM since 2013. He
2013. Beliau pernah menjabat sebagai Presiden Direktur was the President Director of PT Affinity Equity Partners
PT Affinity Equity Partners Indonesia dari Oktober 2009- Indonesia from October 2009-June 2014 and President
Juni 2014 dan Presiden Direktur PT Morgan Stanley Asia Director of PT Morgan Stanley Asia Indonesia in 2006-
Indonesia dari 2006-2009. Sejak 1999 hingga 2006, 2009. Between 1999 and 2006, he led his investment
beliau memimpin perusahaan investasi miliknya yang firm focusing on merger, acquisition, and emergency loan
fokus kepada merger, akuisisi, dan investasi pinjaman investment.
darurat.
Beliau meraih gelar Master of Business Administration He received Master of Business Administration degree
dari Stanford University pada 1991, dan gelar Bachelor of from Stanford University in 1991, and Bachelor of Science
Science in Computer Engineering dari Syracuse University in Computer Engineering from Syracuse University in
pada 1986. 1986.

Profil Direksi
Board of Directors’ Profiles
Shigeyoshi Asano
Direktur Utama
President Director
Warga Negara Jepang, 49 Tahun. Diangkat sebagai Japanese Citizen, 49 years old. Appointed as
Direktur Utama J Trust Bank berdasarkan RUPSLB pada President Director of J Trust Bank based on EGMS on
20 September 2018. September 20, 2018.
Sebelumnya, Anggota Dewan Komisaris J Trust Bank Previously he was Member of the Board of Commissioners
berdasarkan RUPST tanggal 30 Juni 2016. Pengalaman of J Trust Bank based on AGMS on June 30, 2016. His last
bekerja terakhir sebagai Direktur di J TRUST ASIA PTE. position was the Director of J TRUST ASIA PTE. LTD. and
LTD. dan menjabat sebagai Managing Director di J Trust Managing Director in J Trust Co., Ltd. He has 24 years
Co., Ltd. Beliau memiliki pengalaman selama 24 tahun di of experience in the investment industry and business
industri investasi dan strategi bisnis. strategy.
Beliau memulai karir di Tokyo Gas Co., Ltd. sebagai He started his career in Tokyo Gas Co., Ltd. as Manager
Manager pada tahun 1994 hingga tahun 2004. Kemudian, in 1994 to 2004. Then he was appointed as President
menduduki jabatan President & Chief Executive Officer & Chief Executive Officer in Iriver Japan Co., Ltd. until
di Iriver Japan Co., Ltd. hingga tahun 2009, dilanjutkan 2009, followed with Wedge Holding Co., Ltd. as Director.
dengan berkarier di Wedge Holding Co., Ltd. dengan He joined J Trust Co., Ltd. in 2012 with last position as
posisi terakhir sebagai Direktur. Bergabung dengan Managing Director responsible for business in Southeast
J Trust Co., Ltd. pada tahun 2012 dengan jabatan terakhir Asia and Planning Department.
sebagai Managing Director yang bertanggung jawab
pada bisnis di Asia Tenggara dan Planning Department.
Menyelesaikan Pendidikan Sarjana Teknik di Tokyo Institute He obtained his Bachelor of Engineering degree from the
of Technology dan meraih gelar Master of Engineering Tokyo Institute of Technology and Master of Engineering
dari Tokyo Institute of Technology pada tahun 1994. from the Tokyo Institute of Technology in 1994.

Felix Istyono Hartadi Tiono Helmi Arief Hidayat
Direktur Kepatuhan Direktur
Compliance Director Director
Warga Negara Indonesia, 60 tahun, berdomisili di Jakarta. Warga Negara Indonesia, 61 tahun, berdomisili di Jakarta.
Diangkat sebagai Direktur Kepatuhan J Trust Bank Diangkat menjadi Direktur J Trust Bank melalui RUPSLB
berdasarkan RUPSLB pada 26 Februari 2014, yang saat pada Juni 2016.
itu dikenal sebagai Bank Mutiara.
Pengalaman bekerja terakhir sebagai Executive Vice
Beliau memiliki pengalaman di bidang legal–kepatuhan President J Trust Bank sejak 2012 yang saat itu dikenal
dan industri perbankan selama 32 tahun. Memulai sebagai Bank Mutiara. Memiliki pengalaman 31 tahun di
karier sebagai Legal Officer di PT Wellwood Sejahtera industri perbankan. Beliau memulai karir perbankan di
Ekapratama pada 1986. Beliau melanjutkan kariernya Bank Umum Nasional pada tahun 1987. Beliau pernah
di Rabobank sejak 1990 dengan jabatan terakhir bekerja di BPPN dan beberapa bank seperti Bank Dana
Direktur Kepatuhan, sebelum bergabung dengan Bank Asia, Bank Akita, Barclays Bank Indonesia dan Nobu Bank.
DBS Indonesia pada 2006 sebagai Direktur Kepatuhan, Beliau meraih gelar sarjana jurusan Elektro dari UDS 45
dan terakhir sebagai Direktur Kepatuhan Bank HSBC pada tahun 1987, kemudian menyelesaikan program pasca
Indonesia sejak 2009 sebelum bergabung dengan J sarjana dari Universitas Krisnadwipayana (UNKRIS) tahun
Trust Bank. 1993.
Beliau meraih gelar Sarjana Hukum Perdata di Universitas Indonesian Citizen, 61 years old, domiciled in Jakarta.
Katholik Parahyangan Bandung pada 1986 dan gelar S2 Appointed as J Trust Bank Director by EGMS in June 2016.
di Institut Pengembangan Manajemen Indonesia, Jakarta
pada 2006. Previously, he was Executive Vice President of J Trust Bank
since 2012, at that time was known as Bank Mutiara. He has
Indonesian Citizen, 60 years old, domiciled in Jakarta. 31 years of experience in the banking industry. He started
Appointed as Compliance Director of J Trust Bank based his banking career in 1987 with Bank Umum Nasional. He
on EGMS on February 26, 2014, at that time was known as has worked in the Indonesia Bank Restructuring Agency
Bank Mutiara. and several banks such as Bank Dana Asia, Bank Akita,
Barclays Indonesia Bank, and Nobu Bank.
He has more than 32 years of working experience in legal-
compliance and banking industry. He started his career He obtained his Bachelor degree in Electrical Engineering
as Legal Officer in PT Wellwood Sejahtera Ekapratama in from UDS 45 in 1987 and Masters degree from Universitas
1986. He continued his career with Rabobank since 1990 Krisnadwipayana (UNKRIS) in 1993.
with last position as Compliance Director prior joining
with DBS Indonesia in 2006 as Compliance Director, then
he joined Bank HSBC Indonesia since 2009 as Compliance
Director, before joining J Trust Bank.
He graduated from the Faculty of Law in Parahyangan

Catholic University, Bandung, in 1986, and obtained
his Masters degree from the Institut Pengembangan
Manajemen Indonesia, Jakarta, in 2006.

Rio Lanasier 1)
Direktur
Director
Diangkat sebagai Direktur J Trust Bank melalui RUPSLB Appointed as Director of J Trust Bank based on EGMS in
Desember 2016. December 2016.
Sebelumnya menjabat sebagai Executive Vice President Previously, he was Executive Vice President of J Trust
J Trust Bank sejak 2015. Memiliki pengalaman 16 Bank since 2015. He has more than 16 years of experience
tahun di perbankan. Beliau memulai karirnya di Officer in the banking industry. He started his career in the Officer
Development Program Bank Mandiri pada 2002. Beliau Development Program of Bank Mandiri in 2002. His last
terus berkarir di Bank Mandiri hingga menjadi Assistant position at Bank Mandiri was Assistant Vice President
Vice President Treasury – Chief Dealer sebelum bergabung Treasury – Chief Dealer, before joining as Assistant Vice
dengan Bank Chinatrust Indonesia sebagai Assistant Vice President Treasury - Head of Interbank of Bank Chinatrust
President Treasury - Head of Interbank pada 2007, dan Indonesia in 2007 and VP Treasury Interbank - Global
kemudian VP Treasury Interbank - Global Financial Market Financial Market of DBS Indonesia in 2008.
dari DBS Indonesia pada tahun 2008.
Beliau meraih gelar Sarjana Teknik Sipil dari Universitas He obtained his Bachelor degree in Civil Engineering from
Parahyangan pada tahun 1998 dan Master of Engineering Parahyangan University, Bandung in 1998 and Master of
Science di University of New South Wales pada tahun Engineering Science degree from the University of New
2000. South Wales in 2000.
1) 1)
Telah mengundurkan diri sebagai Direktur Perseroan efektif tanggal Resigned from his position as Director of the Company dated
30 April 2019. April 30, 2019.

Ritsuo Ando 2)
Direktur
Director
Warga Negara Jepang, 62 tahun, berdomisili di Japanese Citizen, 62 years old, resides in Jakarta.
Jakarta. Diangkat sebagai Direktur J Trust Bank Appointed as Director of J Trust Bank based on EGMS
melalui RUPSLB pada 20 September 2018. Sebelumnya, on September 20, 2018. Previously, he was Director for
beliau menjabat sebagai Direktur Utama J Trust Bank J Trust Bank based on EGMS on December 23, 2016. He
berdasarkan RUPSLB pada 23 Desember 2016. Beliau has 39 years working experience in financial and banking
memiliki pengalaman di bidang perbankan dan finansial business. He started his career at The Daiwa Bank,
selama 39 tahun. Memulai karier di The Daiwa Bank, Limited, Osaka as a -role as President Director of
Limited, Osaka sebagai Banking Officer pada 1979 hingga PT Daiwa Lippo Finance in 2001. Afterwards, he held
pertama kali menduduki posisi Eksekutif sebagai several key positions in various financial companies such
Presiden Direktur di PT Daiwa Lippo Finance pada 2001. as President Director of Resona Indonesia Finance in 2003,
Selanjutnya, beliau menjabat sebagai Presiden Direktur Advisor at Resona Bank, Ltd. in 2005, General Manager
di Resona Indonesia Finance pada 2003, Penasihat at ACOM Co., Ltd. in 2007, Vice President Director of
di Resona Bank, Ltd. pada 2005, General Manager di PT Bank Nusantara Parahyangan, Tbk. (BNP) in 2008,
ACOM Co., Ltd. pada 2007, Wakil Presiden Direktur di and was appointed as President Director of BNP since
PT Bank Nusantara Parahyangan, Tbk. (BNP) pada 2008, 2009 before joining J Trust Bank as Director.
dan terakhir sebagai Presiden Direktur BNP sejak 2009
sebelum menjadi Direktur J Trust Bank.
Beliau menyelesaikan pendidikan dari Osaka University of He obtained his degree from Osaka University of Foreign
Foreign Language, Faculty of Language, Indonesia Study Language, Faculty of Language, Indonesia Study in 1975.
pada 1975.
2) 2)
Telah diberhentikan Sementara tertanggal 21 Desember 2018 sesuai Dismiss by the Company dated December 21, 2018 in accordance
dengan Keputusan Sirkuler Dewan Komisaris sebagai Pengganti with the Circulation Resolution of the Board of Commissioners in Lieu
Rapat Dewan Komisaris Perseroan tertanggal 21 Desember 2018 dan of the Meeting of Board of Commissioners dated December 21, 2018
efektif setelah Rapat Umum Pemegang Saham Luar Biasa tertanggal and effective after Extraordinary General Meeting of Shareholders
11 Februari 2019. dated February 11, 2019.

Haryanto Budi Purnomo 3)
Direktur
Director
Warga Negara Indonesia, 54 tahun, berdomisili di Bogor. Indonesian Citizen, 54 years old, resides in Bogor.
Diangkat sebagai Direktur J Trust Bank melalui Appointed as Director of J Trust Bank based on EGMS on
RUPSLB pada 23 Desember 2018. Sebelumnya, beliau December 23, 2016. Previously, he was Executive Vice
menjabat sebagai Executive Vice President J Trust President of J Trust Bank since 2016. He has 26 years of
Bank sejak 2016. Beliau memiliki pengalaman di working experience in banking industry and started
bidang perbankan selama 27 tahun dan memulai his career in Bank Universal as management trainee
karier sebagai Management Trainee di Bank Universal in 1991. He held key positions in several banks such
pada 1991. Selanjutnya, beliau terus berkarier dengan as Midsized Business Operation Support Group Head
jabatan terakhir sebagai Midsized Business Operation of Bank Universal, before joining Bank Mega Syariah
Support Group Head Bank Universal, sebelum bergabung in 2003 as Director of Human Resource Management,
dengan Bank Mega Syariah pada 2003 sebagai Direktur Compliance and Risk Management. His last position
Human Resource Management, Compliance and in Bank Mega Syariah is Director of Operation,
Risk Management. Jabatan terakhir beliau di Bank Technology Information, General Services, Corporate
Mega Syariah adalah Direktur Operation, Technology Strategy and Planning, Collection & Recover, Product
Information, General Services, Corporate Strategy and Development and Service Quality Management before
Planning, Collection & Recover, Product Development and joining J Trust Bank.
Service Quality Management sebelum bergabung dengan
J Trust Bank.
Beliau meraih gelar sarjana Hukum dari Universitas He holds a Bachelor degree in Civil Law from University
Indonesia pada 1990. of Indonesia in 1990.
3) 3)
Telah diberhentikan Sementara tertanggal 21 Desember 2018 sesuai Dismiss by the Company dated December 21, 2018 in accordance
dengan Keputusan Sirkuler Dewan Komisaris sebagai Pengganti with the Circulation Resolution of the Board of Commissioners in Lieu
Rapat Dewan Komisaris Perseroan tertanggal 21 Desember 2018 dan of the Meeting of Board of Commissioners dated December 21, 2018
efektif setelah Rapat Umum Pemegang Saham Luar Biasa tertanggal and effective after Extraordinary General Meeting of Shareholders
11 Februari 2019. dated February 11, 2019.

Profil Executive Vice President
Executive Vice President’s Profiles
Farel Tua Silalahi

Executive Vice President
Warna Negara Indonesia, 53 tahun, berdomisili di Jakarta. Indonesian Citizen, 53 years old, domiciled in Jakarta.
Diangkat sebagai Executive Vice President J Trust Bank Appointed as Executive Vice President of J Trust Bank
sejak 11 Februari 2019. since February 11, 2019.
Memiliki pengalaman 27 tahun di industri perbankan. He has 27 years of experience in the banking industry.
Memulai karier di Bank Of America, Indonesia sebagai Started his career in Bank of America, Indonesia, as
Assistant Manager, Corporate Banking pada April 1992 Assistant Manager, Corporate Banking in April 1992 and
dan melanjutkan kariernya di PT Bank Artha Media (Bank moved to PT Bank Artha Media (Bank Media) as President
Media) sebagai President Director pada Desember 1998 Director from December 1998 to May 2002. He then
hingga Mei 2002. Kemudian, bergabung di PT Bank joined PT Bank BNP Paribas Indonesia as Vice President
BNP Paribas Indonesia sebagai Vice President pada in July 2005 and pursued his career in several banks in
Juli 2005 dan meniti karier beberapa bank di Indonesia, Indonesia, including Standard Chartered Bank, PT ANZ
seperti Standard Chartered Bank, PT ANZ Bank, PT Bank Bank, PT Bank DBS Indonesia, and as Executive Vice
DBS Indonesia, dan sebagai Executive Vice President President Corporate Business Risk Division of PT Bank
Corporate Business Risk Division PT Bank Negara Negara Indonesia (Persero) Tbk in 2013. His last position
Indonesia (Persero) Tbk pada 2013, dan terakhir sebagai was as Director of PT Bank DKI based on EGMS on June
Direktur di PT Bank DKI berdasarkan RUPSLB pada 17 17, 2015, before joining J Trust Bank.
Juni 2015 sebelum bergabung dengan J Trust Bank.
Beliau meraih gelar Bachelor of Science dari Institut He received Bachelor of Science degree from the Bogor
Pertanian Bogor pada 1989 dan Master of Business Agriculture Institute in 1989 and Master of Business
Administration di Long Island University, CW. Post Administration in Long Island University, CW. Post
Campus pada 1992. Campus in 1992.

N. Krisbiyanto 4)
Diangkat sebagai Executive Vice President J Trust Bank Appointed as J Trust Bank’s Executive Vice President
sejak 2017. since 2017.
Sebelumnya, beliau menjabat sebagai Kepala Divisi Human Previously, he served as Human Capital Division Head
Capital J Trust Bank pada 2016. Beliau berpengalaman di of J Trust Bank in 2016. He has more than 30 years of
bidang sumber daya manusia selama 30 tahun dan lebih experience in human resources and more than 21 years in
dari 21 tahun di industri perbankan. banking industry.
Beliau memulai kariernya di Shimizu Corporation sebagai He started his career as Junior Architect at Shimizu
Junior Architect pada 1988 sebelum akhirnya bergabung Corporation in 1988 before joining Pertamina as Assistant
dengan Pertamina sebagai Assistant Manager Human Manager Human Resources in 1992. He pursued his career
Resources pada 1992. Beliau berkarier di dunia perbankan on banking industry at Citibank N.A. in 1994 with his last
dengan jabatan terakhir sebagai Country Manager position as Country Manager Compensation and Benefit
Compensation and Benefit Human Resources di Citibank Human Resources, then continued to PT Bank Universal
N.A. pada 1994, melanjutkan karier ke PT Bank Universal Tbk. in 1997 with last position as Senior Vice President
Tbk. pada 1997 dengan jabatan terakhir Senior Vice Human Capital, prior to joining PT Bank Permata Tbk. in
President Human Capital, sebelum bergabung dengan 2002 as Senior Vice President Human Capital. He worked
PT Bank Permata Tbk. pada 2002 sebagai Senior Vice at PT Telekomunikasi Selular Indonesia as Vice President
President Human Capital. Kemudian, beliau bergabung in 2005, then Senior Consultant at PT Potentia HR
dengan PT Telekomunikasi Selular Indonesia sebagai Vice Consulting in 2007, Executive Vice President at PT Bank
President pada 2005, Senior Consultant di PT Potentia Tabungan Pensiunan Nasional Tbk. in 2007, and then was
HR Consulting pada 2007, bergabung dengan PT Bank appointed as PT Bank Sahabat HR Director in 2010. He
Tabungan Pensiunan Nasional Tbk. pada 2007 sebagai joined Portal HR as Senior Partner from 2011 until now.
Executive Vice President, dan ditunjuk menjadi HR
Director PT Bank Sahabat pada 2010. Beliau bergabung
dengan Portal HR sebagai Senior Partner dari 2011 hingga
sekarang.
Beliau meraih gelar Sarjana Teknik, Universitas Indonesia He held Bachelor of Engineering from the University
pada tahun 1988, kemudian meraih gelar MBA, Oklahoma of Indonesia in 1988, then he received an MBA from
City University pada tahun 1992. Oklahoma City University in 1992.
4) 4)
Telah mengundurkan diri sebagai Executive Vice President efektif Resigned from his position Executive Vice President dated
tanggal 28 Februari 2019. February 28, 2019.

Profil Anggota Komite-komite
di Bawah Dewan Komisaris
Member of Committees under the Board of Commissioners Profile
Komite Audit | Audit Committee

Mahdi Mahmudy
Ketua Komite Audit (menjabat sejak 29 Juni 2018) Lihat Profil Dewan
Chairman of the Audit Committee (Served since June 29, 2018) Komisaris
See Profile of the Board of
Kwik Ing Hie Commissioners
Anggota Komite Audit | Member of the Audit Committee
Amalia Setyanti Lestari

Anggota Komite Audit | Member of the Audit Committee
Martinus Rosadi Nugroho

Anggota merangkap Sekretaris | Member and Secretary of Audit Committee
Amalia Setyanti Lestari Martinus Rosadi Nugroho

Anggota Komite Audit Anggota Merangkap Sekretaris Komite Audit
Member of the Audit Committee Member and Secretary of Audit Committee
Warga Negara Indonesia, 55 tahun. Meraih gelar Sarjana Warga Negara Indonesia, 28 tahun. Meraih gelar Sarjana
Ekonomi, jurusan akuntansi, dari Universitas Indonesia Ekonomi, jurusan Akuntansi dari Universitas Indonesia
pada tahun 1988. Memiliki 11 tahun pengalaman kerja pada tahun 2013. Memiliki pengalaman 2 tahun di industri
di dunia konsultasi dan 17 tahun di dunia perbankan. Fast Moving Consumer Goods dan 4 tahun di dunia audit
Sebagai Head of Internal Audit dan Audit Manager for dan perpajakan. Dengan posisi terakhir sebagai Area
Corporate Banking & Head Office Function (2007-2009), Sales Manager pada PT. Arta Boga Cemerlang (2013) dan
sebagai Head of Compliance pada PT Bank Rabobank Senior Auditor pada KAP Ratna Widjaja (2014-2016).
International Indonesia (2010-2013) dan sebagai TS
Compliance dan Money Laundering Reporting Officer Sesuai Surat Dewan Komisaris No. 25.01/S KOM/
pada JP Morgan Chase Bank & Co (2013-2015). Saat ini JTRUST/I/2017 tertanggal 25 Januari 2017, dan
menjabat sebagai anggota independen Komite Audit Surat Keputusan Direksi No. 25.04/S.Kep-Dir-HCD/
dan sebagai anggota independen Komite Pemantau JTrust/I/2017 tertanggal 25 Januari 2017, serta perubahan
Risiko & Compliance pada PT Bank Rabobank terakhir sesuai Surat Dewan Komisaris No.18.01/S.
International Indonesia. KOM/JTRUST/X/2017 tertanggal 18 Oktober 2017 dan

Sesuai Surat Dewan Komisaris No. 11.01/S-KOM/ Surat Keputusan Direksi No. 29.31/S.Kep-Dir-HCD/
JTRUST/I/2016 tertanggal 11 Januari 2016 dan JTRUST/VI/2018 tertanggal 29 Juni 2018 menduduki
Surat Keputusan Direksi No. 11.09/S.Kep-Dir-HCD/ posisi sebagai anggota independen dan Sekretaris Komite
JTrust/I/2016 tertanggal 11 Januari 2016, serta perubahan Audit dan merangkap sebagai anggota independen
terakhir sesuai Surat Dewan Komisaris No. 18.01/S. Komite Pemantau Risiko PT Bank JTrust Indonesia Tbk
KOM/JTRUST/X/2017 tertanggal 18 Oktober 2017 dan sesuai Surat Keputusan Direksi No. 29.32/S.Kep-Dir-HCD/
Surat Keputusan Direksi No. 29.31/S.Kep-Dir-HCD/ JTrust/VI/2018 tertanggal 29 Juni 2018.
JTRUST/VI/2018 tertanggal 29 Juni 2018 menduduki
posisi sebagai anggota independen Komite Audit dan Indonesian Citizen, 28 years old. He holds a Bachelor of
merangkap sebagai anggota independen dan sekretaris Economics, majoring in Accounting, from the University
Komite Pemantau Risiko PT Bank JTrust Indonesia Tbk of Indonesia in 2013. He has 2 years experience in Fast
sesuai Surat Keputusan Direksi No. 29.32/S.Kep-Dir- Moving Consumer Goods industry and 4 years in audit
HCD/JTrust/VI/2018 tertanggal 29 Juni 2018. and taxation. His last position is Area Sales Manager at
PT Arta Boga Cemerlang (2013) and Senior Auditor at
Indonesian Citizen, 55 years old. Obtained her Bachelor KAP Ratna Widjaja (2014-2016).
Degree in Economics, majoring in accounting, from
the University of Indonesia in 1988. Having 11 years of In accordance with the Letter of the Board of
experience in consultancy and 17 years of experience Commissioners No. 25.01/S.KOM/JTRUST/I/2017
in banking. Had worked as Head of Internal Audit and dated January 25, 2017, and Decree of the Board of
Audit Manager for Corporate Banking & Head Office Directors No. 25.04/S.Kep-Dir-HCD/JTrust/I/2017 dated
Function (2007-2009), Head of Compliance in PT Bank January 25, 2017, as well as the latest amendment in
Rabobank International Indonesia (2010-2013) and accordance with the Letter of the Board of Commissioners
TS Compliance and Money Laundering Reporting Officer No. 18.01/S.KOM/JTRUST/X/2017 dated October 18, 2017,
in JP Morgan Chase Bank & Co (2013-2015). Currently and Decree of the Board of Directors No. 29.31/S.Kep-
works as independent member of the Audit Committee Dir-HCD/JTRUST/VI/2018 dated June 29, 2018, he is
and Risk Oversight & Compliance Committee in appointed as an independent member and Secretary of
PT Rabobank International Indonesia. the Audit Committee and also an independent member
of the Risk Oversight Committee of PT Bank JTrust
In accordance with the Letter of Board of Commissioners Indonesia Tbk in accordance with the Decree of the Board
No. 11.01/S-KOM/JTRUST/I/2016 dated January 11, 2016, of Directors No. 29.32/S.Kep-Dir-HCD/JTRUST/VI/2018
and Decree of the Board of Directors No. 11.09/S.Kep- dated June 29, 2018.
Dir-HCD/JTrust/I/2016 dated January 11, 2016, as well as
the latest amendment according to the Letter of Board
of Commissioners No. 18.01/S.KOM/JTRUST/X/2017 dated
October 18, 2017, and Decree of the Board of Directors
No. 29.31/S.Kep-Dir-HCD/JTRUST/VI/2018 dated June 29,
2018, she holds the position as independent member of
Audit Committee as well as independent member and
secretary of Risk Oversight Committee of PT Bank JTrust
Indonesia Tbk in accordance with Decree of the Board
of Directors No. 29.32/S.Kep-Dir-HCD/JTRUST/VI/2018
dated June 29, 2018.

Komite Pemantau Risiko Komite Nominasi dan
Risk Monitoring Committee Remunerasi
Nomination and Remuneration
Committee
Kwik Ing Hie Mahdi Mahmudy

Ketua/Anggota Komite Pemantau Risiko Ketua/Anggota Komite Nominasi dan Remunerasi
Chairman/Member of the Risk Monitoring Committee Chairman/Member of the Nomination and
Lihat Profil Dewan Komisaris Remuneration Committee
See Profile of the Board of Commissioners Lihat Profil Dewan Komisaris
See Profile of the Board of Commissioners
Nobiru Adachi
Anggota Komite Pemantau Risiko N. Krisbiyanto
Member of the Risk Monitoring Committee Sekretaris dan Anggota Komite Nominasi dan
Lihat Profil Dewan Komisaris Remunerasi
See Profile of the Board of Commissioners Secretary and Member of the Nomination and
Remuneration Committee
Mahdi Mahmudy Lihat Profil Executive Vice President
Anggota Komite Pemantau Risiko See Profile of the Executive Vice President
Member of the Risk Monitoring Committee
Lihat Profil Dewan Komisaris
See Profile of the Board of Commissioners
Martinus Rosadi Nugroho

Anggota Komite Pemantau Risiko
Member of the Risk Monitoring Committee
Lihat Profil Komite Audit
See Profile of the Audit Committee
Amalia Setyanti Lestari

Sekretaris dan Anggota Komite Pemantau Risiko
Secretary and Member of the Risk Monitoring
Committee
Lihat Profil Komite Audit
See Profile of the Audit Committee

Profil Sekretaris Profil Kepala Audit

Perusahaan Internal
Corporate Secretary Profile Head of Internal Audit Profile
Rudyanto Gunawan Edi Alpian

Kepala Divisi Corporate Secretary Kepala Satuan Kerja Audit Internal
Corporate Secretary Division Head Head of Internal Audit
Warga Negara Indonesia, berusia 48 tahun, berdomisili di Warga Negara Indonesia, berusia 50 tahun, berdomisili di
Tangerang Selatan. Jakarta.
Menjabat sebagai Kepala Divisi Corporate Secretary sejak Menjabat sebagai Kepala SKAI sejak bulan April 2017.
bulan Juli 2018. Memiliki pengalaman lebih dari 25 tahun Memiliki pengalaman di dunia perbankan lebih dari
di dunia perbankan. Mengawali karier sebagai budget staff 20 tahun maupun instansi pemerintah selama 5 tahun.
di Prima Express Bank pada 1994, sebelum melanjutkan Selain memiliki latar belakang pendidikan Sarjana
karier di Permata Bank pada hingga 2003 dengan Ekonomi Akuntansi, beliau juga memegang sertifikasi
jabatan terakhir sebagai Budget Department Head. Beliau profesi internasional dari GARP dan sertifikasi nasional
bergabung dengan J Trust Bank (sebelumnya bernama (QIA, Manajemen Risiko level 4).
Mutiara Bank) sejak 2010 yang kemudian pada tahun
yang sama ditunjuk menjadi Planning and Performance Sebelum bergabung dengan PT Bank JTrust Indonesia
Division Head. Tbk. pernah berkarier di beberapa bank maupun instansi
pemerintah seperti PT Bank MNC Internasional,
Beliau meraih gelar Sarjana Teknik Sipil dari Universitas Tbk (kepala SKAI), PT Bank Internasional Indonesia,
Katolik Parahyangan, Bandung pada 1994. Kemudian, Tbk (Deputy Division Head Audit Credit), Badan
beliau menyelesaikan program Postgraduate Degree dan Penyehatan Perbankan/BPPN (Team Leader Audit Bank
Master of Management in Banking and Finance di Massey Restructuring), PT Bank Dana Asia/Danamon Central
University, New Zealand pada 2008. Asia (Regional Audit Head), PT Bank Indo Monex
(Supervisor Operational & Credit Audit), KAP-KPMG
Indonesian Citizen, 48 years old, domiciled in South (Supervisor Audit).
Tangerang
Indonesian Citizen, 50 years old, domiciled in Jakarta.
Appointed as the Corporate Secretary Division Head of
J Trust Bank in 2018. He started his career as a budget Served as Head of SKAI since April 2017. Having
staff in Prima Express Bank in 1994, before continuing his experience in the banking industry for more than 20 years
career in Permata Bank until 2003 with the latest position and government agencies for 5 years. In addition to his
as Budget Department Head. He joined J Trust Bank Bachelor of Economics in Accounting background, he
(previously named Bank Mutiara) in 2010, and in the same also holds an international profession certification from
year was appointed as Planning and Performance Division GARP and national certification (QIA, Risk Management
Head. level 4).
He obtained a Bachelor in Civil Engineering degree from Prior to joining PT Bank JTrust Indonesia Tbk. he had a
the Parahyangan Catholic University, Bandung, in 1994. He career in several banks and government agencies such
then completed his Postgraduate Degree and Master of as PT Bank MNC Internasional, Tbk (Head of SKAI), PT
Management in Banking and Finance in Massey University, Bank Internasional Indonesia, Tbk (Deputy Division Head
New Zealand, in 2008. of Audit Credit), Indonesian Bank Restructuring Agency
(BPPN), PT Bank Dana Asia/Danamon Central Asia
(Regional Audit Head), PT Bank Indo Monex (Supervisor
Operational & Credit Audit), KAP-KPMG (Supervisor
Audit).

Peta Area Operasional
Operational Area Map
Sumatera Utara Kepulauan DKI Jakarta Jawa Tengah Bali

Medan Bangka Belitung Jakarta Semarang Denpasar
2 Pangkal Pinang 17 1 1
1 Solo
Sumatera Selatan Sungai Liat Jawa Barat 1 Kalimantan
Palembang 1 Bandung Karang Anyar Timur
2 1 1 Balikpapan
Jambi Bekasi 1
Kepulauan Riau Jambi 2 DI Yogyakarta Samarinda
Batam 1 Bogor Yogyakarta 1
1 1 1
Pekanbaru Banten Depok Kalimantan Barat
1 Tangerang 1 Jawa Timur Pontianak
Selatan Karawang Surabaya 1
Lampung 1 1 2
Bandar Lampung Cirebon Malang Sulawesi Selatan
1 1 1 Makassar
1

47
Jaringan Kantor
Office Network

Bab • Chapter
02
Analisis dan
Pembahasan
Manajemen
Management Discussion &
Analysis

Tinjauan Ekonomi
Economic Review
Tinjauan Makroekonomi Global dan Nasional Global and National Macroeconomic Review
2018 2018
Perekonomian dunia mengalami perlambatan pada The global economy slowed down in 2018, triggered
tahun 2018, terutama dipicu oleh konflik dagang antara by the trade war between the US and China. Overall,
AS dan Tiongkok. Secara keseluruhan, pertumbuhan global economic growth reached 3.0%, decreased
ekonomi global mencapai 3,0%, turun dibandingkan compared to the previous year’s growth at 3.1%.
dengan pertumbuhan tahun sebelumnya sebesar 3,1%.
Laju ekonomi AS masih cukup kuat, dengan The US economy remained solid, with growth of 2.9%,
pertumbuhan sebesar 2,9%, didukung oleh stimulus supported by fiscal stimulus and accommodative
fiskal dan kebijakan moneter yang akomodatif. monetary policy. Meanwhile, China suffered an
Sementara itu, Tiongkok mengalami perlambatan economic slowdown, with GDP growth of 6.6% in 2018,
ekonomi, dengan PDB hanya tumbuh sebesar 6,6% or decreased to 0.2% from economic growth in the
di tahun 2018, atau turun 0,2% dari pertumbuhan previous year. China’s economic slowdown in terms
ekonomi tahun sebelumnya. Perlambatan ekonomi of exports affected Japan, which recorded a growth
Tiongkok di sisi ekspor berdampak pada Jepang, yang declining from 1.9% to 0.7% in 2017.
mencatat penurunan pertumbuhan menjadi 0,7% dari
1,9% pada tahun 2017.
Di sisi lain, kebijakan Bank Sentral AS untuk menaikkan On the other side, the US Central Bank’s move to raise
suku bunga acuan untuk memperkuat nilai tukar Dolar the reference rate to strengthen the US Dollar against
AS terhadap hampir seluruh mata uang di dunia. Hal almost all other world currencies. It has negative
ini berakibat negatif pada mata uang negara-negara impact on emerging market currencies, including
berkembang, termasuk Indonesia. Indonesia.
Tantangan terbesar yang dihadapi perekonomian The biggest challenge faced by the Indonesian
Indonesia di tahun 2018 adalah defisit neraca berjalan economy in 2018 was current account deficit and
dan volatilitas nilai tukar. Namun demikian, Indonesia exchange rate volatility. However, Indonesia still
masih mampu mencatat pertumbuhan sebesar managed to book a growth of 5.17% in 2018, increased
5,17% pada tahun 2018, naik dibandingkan dengan compared to the previous year’s growth of 5.07% and
pertumbuhan tahun sebelumnya 5,07%, dan menjadi become the highest in the past five years. Private
yang tertinggi dalam lima tahun terakhir. Konsumsi consumption and investment became the booster of
swasta dan investasi menjadi pendorong ekonomi Indonesian economy. Inflation rate in 2018 was also
Indonesia. Laju inflasi tahun 2018 juga terkendali, under control, in line with the government’s and Bank
sesuai dengan sasaran pemerintah dan Bank Indonesia Indonesia’s target of 3.5±1%.
3,5±1%.

Nilai tukar Rupiah pada tahun 2018 rata-rata melemah The Rupiah exchange rate in 2018 weakened to 6.05%
6,05% terhadap Dolar AS dan ditutup di level Rp14.481 on average against the US Dollar and was closed at
per Dolar. Di pasar modal, Indeks Harga Saham Rp14,481 per Dollar. On the stock market, the Jakarta
Gabungan (IHSG) mencatatkan kinerja terburuk dalam Composite Index (JCI) booked its worst performance
tiga tahun terakhir, ditutup pada level 6.194,50 atau in the past three years, closing at 6,194.50 or dropped
melemah 2,54%. to 2.54%.
Bank Indonesia pada tahun 2018 menaikkan tingkat Bank Indonesia in 2018 raised the BI reference rate
suku bunga acuan BI 7-day reverse repo rate (BI7DRR) 7-day reverse repo rate (BI7DRR) by 175 basis points,
sebesar 175 basis poin, mencapai 6% per Desember reaching up to 6% per December 2018. This could
2018. Hal ini mampu menahan defisit transaksi berjalan manage current account deficit and maintained
dan menjaga stabilitas makroekonomi. Kestabilan macroeconomic stability. Macroeconomic stability in
makroekonomi ini direspons positif oleh lembaga Indonesia was responded positively by global ratings
pemeringkat global yang memberikan predikat layak agencies which gave investment grade status, including
investasi pada Indonesia, termasuk dari Japan Credit Japan Credit Rating Agency (JCR), Rating Investment
Rating Agency (JCR), Rating Investment Information Information (R&I), Moody’s Investor Service (Moody’s),
(R&I), Moody’s Investor Service (Moody’s), Standard & Standard & Poor (S&P), and Fitch Ratings.
Poor (S&P), dan Fitch Ratings.

Tinjauan Industri Perbankan
Banking Industry Review
Industri perbankan nasional mencatatkan kinerja positif The national banking industry booked a positive
pada tahun 2018 kendati dihadapkan pada tantangan performance in 2018 despite facing tough challenges.
yang cukup berat. Stabilitas sistem keuangan relatif Financial system stability remained relatively stable,
terjaga, diimbangi dengan fungsi intermediasi yang followed by improved intermediary functions and well
membaik serta risiko kredit yang terkendali. controlled credit risks.
Meskipun dibayangi oleh gejolak nilai tukar dan Despite being under pressure due to exchange rate
tren kenaikan suku bunga, kualitas aset perbankan volatility and increasing interest rate trend, the quality
terjaga cukup baik. Kredit perbankan juga mengalami of banking assets was quite strong. Bank lending
pertumbuhan yang cukup signifikan sejalan dengan also had a quite significant growth in line with the
membaiknya pertumbuhan ekonomi nasional. improvement in national economic growth.
Pada tahun 2018, perbankan nasional mencatatkan In 2018, the national banking booked a loan growth
pertumbuhan kredit sebesar 12%, meningkat dari 8,3% of 12%, increasing from 8.3% in the previous year.
pada tahun sebelumnya. Meskipun gencar menyalurkan While disbursing more loans, the banks still prioritized

pinjaman, perbankan tetap mengedepankan prinsip prudential principles to ensure risk profile remained
kehati-hatian guna menjaga profil risiko agar tetap healthy amidst increasing market pressures. The
sehat meskipun tekanan pasar meningkat. Rasio kredit ratio of gross Non Performing Loans was relatively
bermasalah bruto (Non Performing Loan) relatif terjaga manageable at a safe level of 2.4%, improving from
di level yang aman yakni 2,4%, membaik dibandingkan 2.9% in the previous year.
dengan 2,9% pada tahun sebelumnya.
Membaiknya kinerja industri perbankan juga didukung Improving performance by the banking industry was
oleh permodalan yang tetap kuat. Rasio kecukupan also supported by strong capital. The capital adequacy
modal (CAR) perbankan tetap tinggi di level 23%, dan ratio (CAR) of banks remained high at 23%, and the
rasio likuiditas (AL/DPK) masih aman yakni sebesar liquidity ratio (AL/DPK) was still safe at 19.3%.
19,3%.
Terkait pendanaan, Dana Pihak Ketiga (DPK) hanya On funding, Third Party Funds only grew 6.4% or
tumbuh 6,4% atau turun jika dibandingkan dengan declining compared to last year’s growth at 9.4%. This
pertumbuhan DPK tahun lalu yang sebesar 9,4%. Hal affected the loan to funding ratio, which increased to
ini berimbas pada rasio pinjaman terhadap deposito, 94.8% from 90.0% in 2017.
yang naik menjadi 94,8% dari 90,0% pada 2017.
Dalam kondisi likuiditas yang ketat, perbankan harus Amid tight liquidity condition, banking had to seek
mencari alternatif pendanaan selain DPK, seperti another funding alternatives besides third party fund,
menarik pembiayaan dari bank lain atau entitas such as looking for financing from other banks or non-
nonbank, dan/atau menerbitkan surat berharga. bank entities, and/or issuing securities.
Seiring dengan pertumbuhan kredit, profitabilitas juga In line with credit growth, profitability also improved,
membaik, seperti terlihat dari Rasio Pengembalian as reflected by the Return on Assets ratio (ROA) of the
Aset (ROA) sektor perbankan yang naik menjadi 2,55% banking sector which increased to 2.55% from 2.45%
dari 2,45% pada tahun 2017. Hal ini juga diimbangi in 2017. Banks also performed efficiency as reflected in
perbankan dengan melakukan efisiensi yang tercermin the decrease in the ratio of operating expenses against
dari penurunan rasio beban operasional terhadap operating income (BOPO) to 77.9%, compared to
pendapatan operasional (BOPO) menjadi 77,9%, 78.6% in 2017. On the other hand, Net Interest Margin
dibandingkan dengan 78,6% pada tahun 2017. Di (NIM) declined to 5.14% from 5.32% in 2017.
sisi lain, keuntungan bunga bersih (NIM) mengalami
penurunan menjadi 5,14% dari 5,32% pada tahun 2017.
Secara umum, perbankan Indonesia membukukan laba In general, the Indonesian banking sector booked
sebesar Rp150 triliun pada tahun 2018, bertumbuh profits of Rp150 trillion in 2018, up 14.4% from last
14,4% dari perolehan laba tahun sebelumnya Rp131,2 year’s profits of Rp131.2 trillion. Meanwhile, total
triliun. Sementara itu, total aset perbankan bertumbuh banking assets grew by 9.2% to Rp8,063.3 trillion,
9,2% menjadi Rp8.063,3 triliun, dari Rp7.387,6 triliun di from Rp7,387.6 trillion in 2017.
tahun 2017.

TINJAUAN OPERASI PER SEGMEN USAHA OPERATIONAL REVIEW BY BUSINESS
SEGMENT
PENDANAAN FUNDING
Bank menyediakan layanan dan solusi keuangan yang The Bank offers comprehensive financial solutions
komprehensif bagi nasabah, dengan manawarkan and services for customers through banking products
berbagai produk perbankan yang meliputi giro, including current accounts, savings, deposits, and other
tabungan, deposito, dan berbagai jenis pinjaman. loans. The variety of banking products adjust with the
Berbagai produk perbankan tersebut menyesuaikan needs and characters of customers by prioritizing risk
dengan kebutuhan dan karakteristik nasabah dengan levels and prudential principles.
memperhatikan tingkat risiko dan mengedepankan
prinsip kehati-hatian.
Inisiatif dan Kinerja 2018 Initiatives and Performance 2018

Sejalan dengan komitmen untuk menjaga In line with the commitment to maintain business
kesinambungan usaha dan meningkatkan kinerja sustainability and increase financial performance, the
keuangan, Bank melakukan berbagai inisiatif dan Bank implemented various initiatives and strategic
kebijakan strategis melalui berbagai program dan policies through various products and innovations on
inovasi pengembangan produk. Hal ini penting untuk product developments. This is important to increase
memperkuat loyalitas nasabah lama sekaligus untuk the loyalty of existing customers while adding new
merangsang pertambahan jumlah nasabah baru. customers.
Inisiatif yang dilakukan Bank dalam rangka Initiatives made by the Bank in increasing funding
meningkatkan pertumbuhan dana meliputi: growth included:
1. Penurunan cost of fund menjadi 6,74% melalui 1. Decreasing the cost of funds to 6.74% through the
pertumbuhan retail funding. contribution of retail funding growth.
2. Mendapatkan referensi nasabah Jepang dengan 2. Obtaining a reference from Japanese customers
menjalin kerja sama dengan perusahaan Jepang. by establishing cooperation with Japanese
3. Mempertahankan segmen mass affluent companies.
(komunitas keturunan tionghoa sebagai nasabah 3. Maintaining the mass affluent segment (the
utama) melalui layanan priority banking. Chinese descent community as key customers)
4. Penguataan fee based income dengan through priority banking services.
memanfaatkan produk-produk non konvensional 4. Strengthening fee based income by utilizing non-
seperti (ORI) dan Bancassurance. conventional products such as Indonesian Retail
5. Aktivitas Go Car (Go change account to retail) Bond (ORI) and Bancassurance.
untuk memperkenalkan produk perbankan kepada 5. Go Car (Go change account to retail) activities
nasabah-nasabah yang telah ada dan nasabah- to introduce banking products to existing and
nasabah yang berpotensi. potential customers.
Selain itu, Bank juga melakukan upaya lain yang In addition, the Bank also made other efforts not
tidak hanya mengandalkan persaingan suku bunga only relying on interest rate competition, but also
tetapi juga melalui kegiatan-kegiatan yang mampu through activities that improved confidence and
meningkatkan kepercayaan dan memperbaiki reputasi reputation of the Bank in customers and employees
bank di mata nasabah dan karyawan, seperti melakukan perception, such as socialization and regular
sosialisasi dan gathering secara berkala, memperluas gathering, new cooperation with Airport Lounge
kerja sama baru dengan Airport Lounge Premium, Premium, cooperation in JCB debit card issuance with
kerja sama penerbitan kartu debet JCB dengan entitas international entities for electronic and international
terkait untuk pembayaran elektronik dan internasional, payments, and strengthening cooperation with
serta memperkuat kerja sama dengan perusahaan payment service providers by adding features on
penyedia jasa pembayaran melalui penambahan fitur electronic network.
pada jaringan elektronik.
Sesuai komitmen dan rencana bisnis, Bank secara Based on commitment and business plan, the Bank
konsisten dan berkelanjutan memperkuat portfolio consistently and sustainably maintained the portfolio
dana giro dan tabungan yang belakangan semakin of demand deposits and savings that have begun to
mendapatkan kepercayaan dari nasabah. Bank gain customer confidence. Until the end of December
mencatat hingga akhir Desember 2018 jumlah rekening 2018, the Bank recorded the number of customer

nasabah mencapai 47.925 rekening atau meningkat accounts reached 47,925 accounts or increasing from
dari 45.928 rekening pada tahun 2017. Adapun jumlah 45,928 accounts in 2017. The amount of third party
dana pihak ketiga yang terkumpul sepanjang tahun fund in 2018 reached Rp13,248.61 billion, increasing
2018 mencapai Rp13.248,61 miliar, meningkat 2,67% 2.67% compared to the year 2017 of Rp12,904.62
dari perolehan Rp12.904,62 miliar pada tahun 2017. billion.
Porsi terbesar dana pihak ketiga adalah deposito yakni The largest portion of third party funds was deposits
mencapai 88% dari total simpanan. Deposito tercatat which reached up to 88% from total third party
tumbuh 4,2% atau sebesar Rp468,85 miliar menjadi funds. Deposits grew by 4.2% or by Rp468.85 billion,
Rp11.671,89 miliar dari Rp11.203,04 miliar pada tahun to Rp11,671.89 billion from Rp11,203.04 billion in
sebelumnya. Kemudian diikuti oleh tabungan dan giro the previous year. Demand deposits and savings
yang masing-masing berkontribusi 5,9% dan 6,0%. contributed 5.9% and 6.0%, respectively, to total
Tabungan membukukan nilai Rp790,55 miliar, turun third party funds. Savings booked Rp790.55 billion,
4,6% atau sebesar Rp37,98 miliar dari Rp828,52 miliar. down 4.6% or Rp37.98 billion from Rp828.52 billion.
Sementara simpanan dalam bentuk giro terhimpun Meanwhile, demand deposits were Rp786.17 billion,
sebesar Rp786,17 miliar, berkurang sebesar Rp86,89 decreased by Rp86.89 billion or almost 10% from
miliar atau hampir 10% dari perolehan tahun 2017 yang Rp873.06 billion in 2017.
sebesar Rp873,06 miliar.
Meskipun peranannya menurun, Bank tetap berusaha Although experiencing a subsiding role, the Bank
untuk meningkatkan dana giro dan tabungan yang managed to increase demand deposits and savings
tercermin dari pencapaian CASA sebesar 13,2%. Bank as reflected in CASA of 13.2%. The Bank also tried to
juga telah berupaya untuk mengurangi dominasi reduce the portion of deposits on total third party
deposito terhadap simpanan yang cukup besar guna funds to reduce cost of fund by monitoring liquidity
menekan biaya dana (cost of fund) dengan tetap risk.
memperhatikan risiko likuiditas.
Langkah-langkah strategi perbaikan CASA adalah Strategies to improve CASA are as follows:
sebagai berikut:
• Penerapan produk baru berbasis teknologi, seperti • Launch the new technology-based products, such
mobile banking, virtual account, digital banking as mobile banking, virtual account, digital banking,
dan financial inclusion. and financial inclusion.
• Melalui bundling tabungan bisnis dan giro • Through bundling of business savings and
corporate corporate demand deposits.
• Penambahan akun ritel baru melalui: cross • Adding new retail accounts through: cross selling,
selling, basis data cabang yang telah ada, akuisisi database of existing branches, EBP acquisition,
Employee Benefit Program (EBP), cross selling cross selling with existing multifinance, and
dengan multifinance yang ada dan akuisisi acquisition of JTrust Olympindo customers.
nasabah JTrust Olympindo.
Rencana, Fokus, dan Strategi 2019 Plan, Focus and Strategy 2019
Berangkat dari pencapaian kinerja tahun 2018, Based on the performance of 2018, the Bank is
Bank berkomitmen untuk menjaga kesinambungan committed to maintaining sustainable business growth
pertumbuhan usaha di masa mendatang. Untuk in the future. Next year the Bank will focus on boosting
tahun depan Bank akan berfokus untuk mendorong consumer financing, while maintaining infrastructure
sektor consumer financing, selain tetap menjaga development towards commercial business and SME.
pengembangan infrastruktur ke arah bisnis komersial
dan SME.
Dalam memperkuat permodalan, Bank akan In strengthening the capital, the Bank will collect low-
mengupayakan pengumpulan dana murah melalui cost fund through Overseas Borrowings in form the of
Pinjaman Luar Negeri dalam bentuk Penerbitan Issuance of Promissory Notes (PN) and Medium Term
Promissory Notes (PN) dan Medium Term Notes Note (MTN) besides capital injection by JTrust Co. Ltd
(MTN) selain penyetoran modal oleh J Trust Co., as the owner in form of subordinated loans to maintain
Ltd. sebagai pemilik berupa pinjaman subordinasi CAR ratio in making business expansion to be able to
yang bertujuan untuk memelihara rasio CAR dalam compete in the banking sector in line with banks peer
melakukan ekspansi bisnis agar tetap dapat bersaing group in Indonesia.
di pasar perbankan sesuai dengan peer group bank di
Indonesia.

Sementara untuk mendukung rencana percepatan Meanwhile to support prudent business plan, the
bisnis yang menerapkan prinsip kehati-hatian, bank Bank continuously identifies, measures, monitors and
secara terus menerus mengidentifikasi, mengukur, manages risk with these steps:
memantau dan mengendalikan risiko, dengan
melakukan langkah langkah sebagai berikut:
• Meningkatkan proses manajemen risiko dan Good • Increasing risk management process and Good
Corporate Governance sehingga diharapkan Corporate Governance to ensure the Risk Based
Tingkat Kesehatan Bank (Risk Based Bank Rating/ Bank Rating (RBBR), the Risk Profile, GCG, Earning
RBBR) yaitu Profil Risiko, GCG, Earning & Capital, & Capital, at PKS-2. RBBR is used as a monitoring
berada di PKS-2. RBBR digunakan sebagai tool for the bank’s risk level and process to ensure
alat monitoring tingkat risiko bank dan proses capital sufficiency in accordance with the Bank’s
menetapkan kecukupan modal sesuai profil risiko risk profile and strategy setting to maintain capital
Bank serta penetapan strategi untuk memelihara level.
tingkat permodalan.
• Merencanakan sistem manajemen risiko terpadu • Planning integrated risk management system for
untuk proses manajemen risiko seperti laporan risk management process such as RBBR report
RBBR dan ORSA (meliputi RCSA, LED dan KRI), and ORSA (covering RCSA, LED, and KRI) so the
sehingga bank mendapatkan data warehouse, Bank will get warehouse data, risk data and risk
data risiko dan laporan risiko lebih mencerminkan report that reflect more actual conditions, besides
kondisi aktual, selain meminimalkan kesalahan minimizing human error and paperless.
manusia (human error) dan meminimalkan
penggunaan kertas.
• Meningkatkan awareness dan pemahaman • Increasing awareness and understanding on
terhadap unsur-unsur seluruh risiko yang dihadapi all risk elements faced by the Bank as well as
Bank serta memperkuat mitigasi atas risiko-risiko mitigating significant risks: credit risk, liquidity
yang siginifikan yaitu risiko kredit, risiko likuiditas risk, and compliance risk caused by the potential
dan risiko kepatuhan yang disebabkan oleh potensi of declining Non-Performing Loan, increasing risk
menurunnya kredit bermasalah, meningkatnya exposure on banking book and trading book.
eksposur risiko pada banking book dan trading
book.
• Melakukan kajian risiko yang melekat dan risk • Conducting inherent risk assessment and risk
control system serta langkah-langkah mitigasi control system as well as risk mitigation steps on
risiko terhadap peluncuran produk/aktivitas baru. new product/activity launching.
• Melakukan kajian stress testing terhadap • Conducting stress testing review on exchange
pergerakan risiko nilai tukar dan risiko suku bunga rate risk movement and interest rate risk on bank
pada eksposur bank. exposure.
• Meningkatkan penerapan Three Lines of Defense, • Increasing the implementation of Three Lines
dengan Departemen Quality Assurance yang of Defense with Quality Assurance Department
berada di bawah Risk Management Division dalam under the Risk Management Division in supporting
mendukung penerapan GCG yaitu memastikan GCG implementation, to ensure all operating
bahwa seluruh proses operasional dan aktivitas process and bank activities are conducted in line
bank telah dilaksanakan sesuai dengan kebijakan, with prevailing policies, requirements, regulations,
ketentuan, peraturan dan standar operasi yang and operating standards.
berlaku.
Sejalan dengan perbaikan kredit yang mulai diharapkan In line with improving loan growth and continuing
kembali tumbuh dan tetap menerapkan prinsip kehati- adherence to prudential principles, funding composition
hatian, perbaikan komposisi pendanaan, percepatan improvement, asset recovery acceleration, efficiency in
asset recovery, efisiensi di segala bidang, investasi all sector, investment on IT and branch optimization, as
di bidang IT dan optimalisasi cabang serta relokasi well as branch relocation to optimize business support
kantor guna mengoptimalkan fungsi penunjang bisnis function and transaction volume increase based on fee
serta peningkatan volume transaksi yang berbasis fee based income become the Bank’s priority in reducing
based income menjadi prioritas bank dalam menekan operating cost and increasing profit.
biaya operasi dan meningkatkan keuntungan.

PERBANKAN KOMERSIL COMMERCIAL BANKING

Setelah memanfaatkan potensi pasar yang ditinggalkan After utilizing the potential market neglected by
kompetitor, Bank secara terbatas menyalurkan kredit competitors, the Bank disbursed commercial loans
komersial secara hati-hati dengan masuk kepada pasar prudently by entering new market or segment such
atau segmen baru, seperti pembiayaan perkebunan as financing palm oil plantations, mining sector,
kelapa sawit, sektor pertambangan, serta konstruksi constructions related to Government infrastructure
yang terkait pelaksanaan proyek-proyek infrastruktur projects implemented by the private sector.
Pemerintah oleh swasta.
Selain itu, Bank juga memperluas cakupan pendanaan Moreover, the Bank also expanded financing scope
dengan memanfaatkan jaringan bisnis multifinance dan by using business network of multifinance and Rural
BPR. Perusahaan penyediaan jasa keuangan berbasis Bank. Financial Technology also became financing
teknologi (Financial Technology) juga menjadi target target, but the loan is given selectively with fixed
pembiayaan, namun pemberiannya dilakukan secara assets as collateral.
selektif dengan agunan aset tetap.
Bank juga mendorong pembiayaan infrastruktur The Bank also boosted infrastructure financing by
melalui penjajakan kerja sama dengan BUMN-BUMN cooperating with financial SOEs, such as Askrindo and
keuangan, seperti Askrindo dan PT Sarana Multi PT Sarana Multi Infrastruktur.
Infrastruktur.
Sejumlah inisiatif lainnya yang dilakukan pada tahun Some initiatives that have been made in 2018 covered:
2018 meliputi:
1. Memberikan pembiayaan kepada industri yang 1. Providing financing to industries related to Fast
terkait dengan Fast Moving Consumer Goods Moving Consumer Goods (FMCG).
(FMCG).
2. Memberikan pembiayaan kepada pelaku usaha di 2. Providing financing to business players in IT and
sektor IT dan kesehatan. Health sectors.
3. Melakukan pemetaan nasabah eksisting dan 3. Mapping existing clients and increasing additional
menyediakan fasilitas kredit tambahan serta credit facilities and developing special value chain
mengembangkan value chain khusus bagi nasabah for performing loyal customers.
loyal yang berkinerja baik.
4. Mendorong transaksi nasabah melalui bank guna 4. Increasing customers transactions through the
meningkatkan fee based income. Bank to increase fee based income.
Hingga akhir 2018, proporsi pinjaman komersil At the end of 2018, the proportion of commercial loans
mencapai sebesar Rp5,75 triliun atau sekitar 56,04% reached Rp5.75 trillion or around 56.04% of the total
dari pinjaman secara keseluruhan. loans.
Seiring dengan memburuknya kualitas kredit In line with declining commercial loan quality in
komersial selama tahun 2018, bank melakukan strategi 2018, the Bank made exit strategy to credits under
exit terhadap kredit dengan kategori “watchlist” “watchlist” category on commercial loans. Some
pada kredit komersial. Beberapa strategi yang akan strategies that will be made in 2019 such as:
dilakukan selama tahun 2019 di antaranya adalah:
• Memberikan pembiayaan selektif kepada startup • Providing selective financing to fintech startups
fintech company dengan jaminan fixed asset. company with fixed asset as collateral.
• Meningkatkan fee based income dari klien yang • Increasing fee-based income from clients with
mempunyai pertumbuhan usaha yang baik untuk good business growth so that they actively use the
aktif menggunakan layanan Bank sebagai salah Bank’s services as one of their choices for foreign
satu bank pilihannya, baik dalam transaksi valas, exchange transactions, transaction banking, and
transaction banking dan lainnya. many others.

• Mengembangkan value chain bagi existing clients • Developing a value chain for existing clients
yang memudahkan dalam mengembangkan to facilitate portfolio development based on
portofolio dan berbasis pada industri/usaha yang industries/business that are good for the Bank.
baik bagi Bank.
• Melakukan pemantauan secara dini terhadap • Early monitoring of debtor obligations and
kewajiban debitur dan melakukan kunjungan rutin conducting regular visits to debtor business
terhadap aktivitas usaha debitur sehingga dapat activities so that all business developments can
diketahui perkembangan usaha yang ada. be identified.
SMALL MEDIUM ENTERPRISE SMALL MEDIUM ENTERPRISE
Small Medium Enterprise (SME) merupakan tulang Small Medium Enterprise (SME) is the core of national
punggung ekonomi nasional yang mengalami economy which is growing rapidly in the digital era.
pertumbuhan semakin pesat di era digital. Sektor The business sector that is relatively resilient against
usaha yang relatif tahan terhadap guncangan ekonomi economic shock still becomes a priority of the Bank’s
ini masih menjadi prioritas penyaluran kredit produktif productive loan targets because it has lower level of
bank karena memiliki tingkat risiko kredit yang lebih credit risk.
kecil.

Dalam rangka meningkatkan kinerja SME di tahun 2018, In increasing SME performance in 2018, the Bank
Bank melakukan berbagai inisiatif sebagai berikut: implemented initiatives as follows:
1. Menetapkan target pasar yang jelas dan terukur. 1. Establishing clear and measurable targeted
market.
2. Proaktif mendapatkan nasabah dengan cara 2. Proactive in acquiring customers by developing
mengembangkan eksistensi SME melalui jaringan SME existence through branch network.
cabang.
3. Fokus pada area perkotaan besar (Metro City) 3. Focusing on Metro City such as Jakarta, Bandung,
seperti Jakarta, Bandung, Surabaya, dan Semarang Surabaya, and Semarang and other big cities in J
serta kota lain dalam jaringan kantor J Trust Bank. Trust Bank office networks.
4. Memaksimalkan program kredit, cross selling, dan 4. Maximizing credit programs, cross selling, and
pemanfaatan jaringan SME dan kerja sama dengan using SME networks and cooperation with other
unit kerja lain di J Trust Bank. working units in J Trust bank.
5. Menjalankan program pengambilalihan yang 5. Implementing takeover program which is one of
merupakan salah satu program akuisisi sales the sales acquisition programs to support sales
untuk mendukung sales department yang dapat department which can increase sales volume in
meningkatkan volume penjualan dalam jangka short term.
pendek.
6. Menyelenggarakan Customer Gathering Event 6. Holding Customer Gathering Event as an important
yang merupakan salah satu program penting untuk program to build relationship with customers.
membangun hubungan baik dengan nasabah.
7. Menerapkan referral program dengan membuat 7. Implementing referral program by making specific
syarat dan ketentuan yang spesifik bagi nasabah requirements and conditions to existing customers
yang sudah ada agar dapat mereferensikan kolega to refer business colleagues as customers.
bisnisnya sebagai nasabah.
8. Melakukan program supply chain dengan 8. Making supply chain program by collecting data
mengumpulkan data dari debitur dengan tipe from debtors with manufacturing business type,
usaha manufaktur, melakukan proses identifikasi, making identification process, and cooperating to
dan bekerja sama untuk mendukung kebutuhan support working capital needs for supplier, buyer,
working capital bagi supplier, buyer, atau jaringan or distribution network.
distribusinya.
9. Pembaharuan proses kredit yang menerapkan 9. Renewing credit process with more efficient
fitur-fitur yang lebih efisien. features.

10. Ekspansi SME loan termasuk rencana kerja sama 10. Expanding SME loan including a plan of
dengan bank daerah di Jepang yang memfasilitasi cooperation with regional banks in Japan that
perusahaan Jepang skala SME yang akan facilitate Japanese SME-scale companies that will
berinvestasi di Indonesia. invest in Indonesia.
Sepanjang tahun 2018, Bank menyalurkan kredit SME Throughout 2018, the Bank channelled Rp935.13 billion
sebesar Rp935,13 miliar naik 0,22% dari Rp933,07 of SME loans, increase 0.22% from Rp933.07 billion in
miliar di tahun 2017. 2017.
Bank masih akan lebih memfokuskan penyaluran The Bank will still focus on channelling productive
kredit produktif ke pelaku SME skala bisnis ritel credit to SME players in the retail business scale with
dengan harapan semakin bertumbuh lebih baik. Untuk hopes to grow further. To achieve that expectations
mencapai harapan tersebut Bank telah menyusun the Bank has designed plan, focus, and strategy as
rencana, fokus, dan strategi yang tidak jauh berbeda follows:
dari tahun lalu sebagai berikut:
1. Pengembangan program bisnis mikro SME, trade 1. Development of business program micro SME,
finance, dan treasury. trade finance, and treasury.
2. Mengembangkan produk program consumer 2. Developing consumer banking program products
banking
3. Optimalisasi infrastruktur 3. Infrastructure optimization.
4. Merekrut tenaga pemasaran (sales force) untuk 4. Recruitment of sales force to support retail
menunjang bisnis ritel business.
5. Fokus pada pertumbuhan dan ekspansi SME dan 5. Focusing on growth and SME and retail banking
retail banking expansion.
6. Terus menjaga pertumbuhan dan kualitas bisnis 6. Continue maintaining more prudent business
yang lebih prudent. quality and growth.
7. Implementasi aktivitas investigasi lapangan untuk 7. Implementation of field investigation activities for
segmen yang dikategorikan berisiko tinggi. high-risk category segments.
8. Kebijakan deviasi leverage dan override 8. Leverage deviation policy and override monitoring.
monitoring.
9. Ekspansi SME Loan termasuk rencana kerja sama 9. SME Loan expansion including cooperation plan
dengan Bank Daerah di Jepang yang memfasilitasi with Regional Bank in Japan which facilitates
perusahaan Jepang skala SME yang akan Japanese SME businesses to invest in Indonesia.
berinvestasi di Indonesia.
PERBANKAN KONSUMER CONSUMER BANKING

Dalam upaya meningkatkan portofolio kredit komersil, In increasing commercial loan portfolio, the Bank
Bank melakukan berbagai inisiatif strategis pada tahun implemented various strategic initiatives in 2018,
2018, terutama di segmen usaha perbankan konsumer. especially in consumer banking business segment. The
Inisiatif-inisiatif tersebut meliputi: initiatives included:
1. Kerja sama dengan koperasi/perusahaan untuk 1. Cooperating with cooperatives/companies for
kesejahteraan karyawan melalui program EBP employees’ welfare through the EBP program with
dengan penambahan 12 partner baru. the addition of 12 new partners.
2. Memaksimalkan pemasaran produk kepemilikan 2. Maximizing the marketing of first home ownership
rumah pertama kepada nasabah baru. product to new customers.
3. Menawarkan fasilitas top up kepada nasabah 3. Offering top up loan facilities for customers with
dengan pencatatan pembayaran lancar dan sudah good payment records and with 1-2 year time
berjalan 1-2 tahun. period.
4. Menambah Account Officer untuk ditempatkan di 4. Increasing Account Officers to be placed in several
sejumlah cabang, serta menambah Credit Program branches, and adding Credit Program Department
Department Head beserta tim pendukungnya. Head and its supporting team.

5. Mengembangkan produk pinjaman kepada 5. Developing loan products to student who will
pelajar yang akan belajar bahasa di Jepang, serta study language in Japan, and exploring the
menjajaki pengembangan produk pembiayaan development of financing products for Indonesian
bagi tenaga kerja Indonesia yang akan berangkat workers who will leave for Japan.
ke Jepang.
6. Mengembangkan Kredit Multi Guna untuk 6. Developing a Multi-Purpose Credit for small
pengembangan usaha kecil di area perdagangan business development in selective trade areas,
tertentu, dengan jaminan berupa kios. with kiosk as collateral.
7. Mengembangkan kerja sama dengan perusahaan 7. Developing cooperation with FinTech company
fintech (chanelling program) untuk penyaluran (channelling program) for consumer and
kredit konsumer dan multiguna sehingga multipurpose loan distributions to penetrate the
memperkuat penetrasi pasar baru di segmen new market in the consumer financing segment.
pembiayaan konsumer.
8. Mengembangkan aplikasi mobile berbasis Android 8. Developing Android-based mobile application
sebagai alternatif channel customer acquisition as an alternative channel customer acquisition
guna memudahkan nasabah dalam mengajukan to facilitate customers to apply for loans and to
pinjaman serta memperluas jangkauan bank. expand the coverage of Bank.
9. Meningkatkan produktivitas cabang pada 9. Improving branch productivity on Home
pemasaran kredit KPR & EBP minimal Rp2 miliar Ownership Credit & EBP credit marketing at least
per bulan. Rp2 billion per month.
10. Pengembangan infrastruktur LOS (Loan 10. Developing LOS (Loan Originated System)
Originated System) untuk menyederhanakan dan infrastructure to simplify and accelerate credit
mempercepat proses pencairan kredit. disbursement process.
11. Menambah 15 kemitraan pengembang terkemuka 11. Adding 15 partnerships with leading developers
yang memiliki rekam jejak bagus di sektor who have a good track record in the housing
perumahan. sector.
12. Menambah kerja sama dengan mitra baru untuk 12. Adding more partnerships with new partners
menyediakan fasilitas pembiayaan kepada by providing financing facilities to schools
sekolah-sekolah yang menggunakan listrik that use solar energy (Indonesia Solar School
tenaga surya (program Indonesia Solar School) program) to increase efficiency while maintaining
guna meningkatkan efisiensi sekaligus menjaga environmental sustainability.
keberlangsungan lingkungan hidup.
13. Meningkatkan kompetensi dan keahlian Sumber 13. Increasing the competence and skills of credit
Daya Manusia kredit dengan mengikutsertakan Human Resource by engaging them in ongoing
pelatihan yang berkelanjutan. training.
Melalui berbagai inisiatif tersebut, perbankan konsumer Through those initiatives, consumer banking
telah berhasil meningkatkan saldo pinjaman konsumer managed to increase consumer loan balance to
menjadi Rp586,81 miliar, naik 5,2% dari Rp557,49 miliar Rp586.81 billion, up 5.2% from Rp557.49 billion in 2017.
di tahun 2017.
Bank akan terus meningkatkan kinerja perbankan The Bank will continue increasing consumer banking
konsumer pada tahun 2019 dengan menetapkan performance in 2019 by setting some plans, focus, and
sejumlah rencana, fokus, dan strategi yang tidak jauh strategies as follows:
berbeda dari tahun lalu sebagai berikut:
1. Kerja sama dengan koperasi/perusahaan untuk 1. Cooperating with cooperatives/companies for
kesejahteraan karyawan melalui program EBP employees’ welfare through the EBP program
dengan penambahan 30 partner baru diakhir with the addition of 30 new partners at the end of
Desember 2019. December 2019.
2. Memaksimalkan pemasaran produk kepemilikan 2. Maximizing the marketing of first home ownership
rumah pertama kepada nasabah baru. product to new customers.
3. Melakukan program Take Over atas fasilitas KPR 3. Making Take Over program for Home Ownership
dari Bank lain. Credit facilities from other banks.

4. Melakukan penambahan ±10 Account Officer yang 4. Adding ±10 Account Officers to be placed in
akan ditempatkan di beberapa cabang seperti several branches such as Greater Jakarta,
Jabodetabek, Surabaya, Solo dan Semarang. Surabaya, Solo and Semarang.
5. Mengembangkan kerja sama dengan FinTech 5. Developing cooperation with FinTech company
company (chanelling program) untuk penyaluran (channelling program) for consumer and
kredit consumer dan multiguna sehingga multipurpose loan distribution so as to broaden
memperluas penetrasi pasar baru di segmen the penetration of new market in the consumer
pembiayaan consumer. financing segment.
6. Pengembangan infrastruktur IT yaitu percepatan 6. Developing IT infrastructure on the LOS (Loan
implementasi LOS (Loan Originated System) Originated System) implementation acceleration
untuk penyederhanaan dan mempercepat proses to simplify and accelerate credit disbursement
dan pencairan kredit. and process.
7. Menambah kemitraaan pengembang sebanyak 4 7. Adding 4 developer partnerships with leading
kemitraan baru dengan pengembang terkemuka developers who have good track record in the
dan memiliki track record yang bagus di sektor housing sector for 2019.
perumahan untuk tahun 2019.
8. Meningkatkan kompetensi dan skill SDM kredit 8. Increasing the competence and skills of credit HR
dengan mengikut sertakan dalam training yang by engaging them in ongoing training.
berkelanjutan.
PERBANKAN KORPORASI CORPORATE BANKING
Untuk memberikan pelayanan yang semakin baik To provide better services to all customer, the Bank
kepada seluruh nasabah, terutama di segmen made some initiations while maintaining good
perbankan korporasi, Bank melakukan sejumlah relationship with strategic partners. In 2018, the Bank
inisiasi sambil menjaga hubungan yang baik dengan continued Account Strategy for existing borrowers
mitra-mitra strategis. Pada tahun 2018, Bank masih through:
melanjutkan Account Strategy untuk debitur eksisting
melalui:
Growth Growth
Debitur-debitur eksisting yang dapat dikembangkan Existing debtors that can be developed that the
sehingga usahanya dapat lebih maju dengan bantuan business can progress more with the business financing
pembiayaan usaha dari Bank. Selain itu, Bank juga from the Bank. On the other hand the bank may
dapat memperoleh referral dari pemasok maupun obtain referrals from both the supplier and the buyer
pembeli produk debitur. Hal ini dilakukan tanpa of the debtor’s products. This is conducted without
mengurangi prinsip kehati-hatian sesuai ketentuan neglecting the prudent principle in accordance with
yang berlaku. applicable regulations.
Maintain Maintain
Memelihara outstanding debitur agar dapat selalu Maintaining debtors outstanding in order to meet their
memenuhi kewajibannya dan menjaga agar usaha obligations and to keep the debtor’s business running
debitur dapat berjalan dengan baik sampai melunasi well until they can settle all liabilities.
seluruh kewajiban.
Exit Exit
Debitur yang memiliki risiko tinggi (Character, Capacity, High risk debtors (Character, Capacity, Capital,
Capital, Condition, dan Collateral) serta berpotensi Condition and Collateral) that potentially jeopardizing
merugikan Bank diharapkan dapat segera melunasi the Bank’s business are expected to immediately
seluruh kewajibannya. settle all of liabilities.

Sepanjang tahun 2018, Bank masih melanjutkan Throughout 2018, the Bank implemented several
beberapa inisiatif strategis sebagai berikut: strategic initiatives as follows:
• Terhadap debitur-debitur yang sudah ada, Bank • For existing debtors, the Bank implemented
menerapkan account strategy yang diklasifikasi account strategies classified as Growth,
sebagai Pertumbuhan (growth), Pemeliharaan Maintenance and Exit as the basis for account
(maintenance) dan Exit sebagai dasar untuk planning which is conducted in a highly selective
perencanaan penanganan account (Account manner yet still guided by prudential principle. As
Planning) dilakukan secara sangat selektif dengan for debtors with “Exit” account strategy, the Bank
tetap berpedoman pada prinsip kehati-hatian. focuses on collection, repayment or takeover in
Sedangkan untuk debitur dengan “Exit” Account cooperation with other banks.
Strategy Bank fokus pada collection, pelunasan
atau pengambilalihan bekerja sama dengan bank
lain.
• Pengembangan bisnis termasuk tahap pendekatan • Business development including the approach
dilakukan dengan melibatkan unit risk (four-eyes phase involving risk unit (four-eyes principle).
principle).
• Memperkuat transaction banking dan menggali • Strengthening the transaction banking and
potensi bisnis peminjam yang sudah ada dalam exploring the potential of existing borrowers
rangka meningkatkan fee based income dan business in order to increase fee-based income
mengembangkan rantai nilai bisnis (value chain) and develop value chain business with other
dengan unit bisnis lain. business units.
• Mengoptimalkan pengelolaan debitur-debitur • Optimizing the debtors management which
yang masuk dalam kategori watchlist (debitur are included in the watchlist category (2B & 2C
kol 2B & 2C) segera dipersiapkan pengalihan columns debtors) are immediately prepared for
pengelolaannya. the transfer of its management.
• Menata organisasi dengan perkembangan bisnis, • Organization is managed with business
perbaikan proses, peningkatan sistem dan development, process improvement, system
monitoring serta quality assurance. Hal ini akan upgrading and monitoring as well as quality
sangat berkaitan dengan pengembangan Sumber assurance. This will be closely related to Human
Daya Manusia. Resource development.
Hingga akhir 2018, proporsi pinjaman korporasi By the end of 2018, the proportion of corporate loans
mencapai sekitar 10,03% dari pinjaman secara accounts for about 10.03% of the total loans.
keseluruhan.
Fasilitas Kredit Korporasi Corporate Loan Facilities

Bank menyediakan sejumlah fasilitas kredit yang sama The Bank offered several credit facilities which are
atau tetap seperti pada tahun sebelumnya bagi para the same or similar to the previous year for business
pelaku usaha. Adapun fasilitas kredit yang ditawarkan players. Credit facilities offered in 2018 covered:
sepanjang tahun 2018 meliputi: • Working Capital Facility is a short-term credit
• Fasilitas Modal Kerja adalah Fasilitas kredit jangka facility granted in Rupiah or foreign currency to
pendek yang diberikan dalam mata uang Rupiah finance working capital needs depleted in one
maupun valuta asing untuk membiayai kebutuhan business cycle with a maximum period of 1 (one)
modal kerja yang habis dalam satu siklus usaha year.
dengan jangka waktu maksimal 1 (satu) tahun.
• Fasilitas Investasi adalah Fasilitas kredit jangka • Investment Facility is a medium-term and long-
menengah dan jangka panjang, yang diberikan term credit facility, provided in both Rupiah and
dalam mata uang Rupiah maupun valuta asing foreign currency for financing the procurement of
untuk pembiayaan pengadaan barang-barang capital goods for the rehabilitation, modernization,
modal untuk rehabilitasi, modernisasi, perluasan expansion or establishment of new projects and
ataupun pendirian proyek baru maupun refinancing, whose repayment is derived from
refinancing, yang pelunasannya bersumber dari business profit of financed capital goods.
hasil usaha dengan barang-barang modal yang
dibiayai.

• Fasilitas Non Cash Loan dari Bank JTrust • Non Cash Loan Facility from J Trust Bank in the
Indonesia berupa fasilitas Export and Import form of Export and Import Advisory, Export
Advisory, Produk Ekspor, Produk Impor dan Trust Product, Import Product and Trust Receipt, Open
Receipt, Open Account Financing, Surat Kredit Account Financing, Domestic Letters of Credit
Berdokumen Dalam Negeri (SKBDN), Bank (SKBDN), Bank Guarantee and Standby LC Credit
Garansi dan Standby LC Pemberian kredit kepada to corporate and commercial banks are prepared
perbankan korporasi dan komersial dilakukan in a very selective manner and guided by the
secara sangat selektif dan berpedoman pada prudential principle.
prinsip kehati-hatian.
TREASURY DAN PASAR MODAL TREASURY AND CAPITAL MARKET
Bank menyadari peranan pasar obligasi di Indonesia The Bank realized that the role of Indonesian bond
semakin strategis dalam pengembangan pasar market is becoming more strategic in developing the
modal dan perekonomian nasional. Karenanya, Bank national capital market and economy. Therefore, the
berkomitmen untuk meningkatkan kinerja segmen Bank is committed to increasing the performance of
usaha Treasury dan Institutional untuk turut andil business segment Treasury and Institutional to take
dalam menghimpun dan mengelola dana investasi part in collecting and managing investment fund
guna menunjang pendanaan pembangunan ekonomi to support the financing of Indonesian economic
Indonesia. development.
Pengembangan segmen usaha Treasury dan The development of Treasury and Institutional
Institutional tetap berfokus pada pengembangan business segment still focused on retail business,
bisnis ritel, bisnis linkage, dan korporasi. Unit kerja di business linkage, and corporations. The working unit
segmen usaha ini bertanggung jawab dalam mengelola in this business segment is responsible for liquidity
likuiditas, penempatan antarbank maupun ke Bank management, interbank placements as well as
Indonesia, transaksi banknotes, transaksi cross border, Bank Indonesia placement, banknotes transactions,
transaksi devisa umum, dan juga pengelolaan surat cross border transactions, general foreign exchange
berharga. transactions, as well as securities management.
Dalam menjalankan fungsinya, unit kerja Treasury dan In implementing its function, the Treasury and
Instititional tetap mengedepankan prinsip kehati- Institutional working unit keep prioritizing prudential
hatian dalam mengelola likuiditas serta memanfaatkan by managing liquidity and using liquidity excess as
kelebihan likuiditas sebagai sumber pendapatan bank the Bank’s revenue source to maintain the Bank’s
guna menjaga operasional bank berjalan dengan baik. operations well.
Kontribusi yang signifikan terhadap pendapatan Significant contributions to Treasury and Capital
Treasury dan Institutional berasal dari fee-based Market revenues are derived from fee-based income,
income, yang sebagian besar bersumber dari transaksi most of which are from foreign exchange transactions
valuta asing dengan beberapa korporasi besar, transaksi with major corporations, general interbank foreign
devisa umum interbank, transaksi banknotes dan juga exchange transactions, banknotes transactions and
dari transaksi fixed income securities. Oleh karenanya, also fixed income securities transactions. Therefore,
Bank sebagai bank penyedia produk Treasury, akan the Bank, as a provider of Treasury products, will
terus berupaya mendukung pengembangan portofolio continue to support the development of customer
nasabah melalui layanan transaksi yang dilakukan, baik portfolio through transaction services, both with
dengan institusi pemerintah, korporasi swasta, money government institutions, private corporations, money
changer maupun nasabah ritel. changers and retail customers.

Untuk mengembangkan segmen Treasury dan To improve the Treasury and Institutional segment,
Institutional, pada tahun 2018 Bank melakukan in 2018 the Bank made some initiatives, especially
berbagai inisiatif, terutama untuk meningkatkan fee to increase fee based income. Following are some
based income. Berikut adalah inisiatif-inisiatif yang initiatives held by the Bank in this business segment:
dilakukan Bank terkait segmen usaha ini:
• Pemberian fasilitas Treasury Line seperti tom, spot, • Providing Treasury Line facilities such as tom, spot,
forward, dan swap untuk setiap nasabah korporasi forward and swap for every corporate customer
dan money changer untuk bisa menghasilkan and money changer to generate profit for the
profit bagi Bank serta meningkatkan volume. Bank and to increase volume.

• Melakukan kerja sama dengan Divisi Kredit untuk • Cooperating with Credit Division to improve
meningkatkan pelayanan kepada nasabah Ekspor services to Export and Import customers who
dan Impor yang memiliki fasilitas kredit dari J have credit facilities from J Trust Bank.
Trust Bank.
• Melakukan cross border transaction seperti • Conducting cross border transactions such as
borrowing (collateralized loan, dan lain-lain) atau borrowing (collateralized loan, etc.) or issuance of
penerbitan surat berharga guna menurunkan cost securities to reduce the cost of funds not to rely
of fund untuk tidak mengandalkan pendanaan on funding from particular depositors/individuals
dari deposan tertentu/individu saja. only.
• Penerbitan Promissory Notes untuk cross border • Issuing Promissory Notes (PN) for cross border
transaction untuk memitigasi risiko likuiditas transaction to mitigate liquidity risk with the high
dengan masih tingginya dominasi deposan besar/ amount of large/jumbo depositors, the Banks
jumbo, bank merencanakan untuk melakukan cross plans to do cross border transaction borrowing
border transaction borrowing melalui penerbitan through the issuance of promissory notes by
surat berharga Promissory Notes dengan menarik withdrawing fund investment via shareholders
investasi dana melalui pemegang saham secara gradually.
bertahap.
• Menerbitkan Promissory Notes (PN) dan • Issuing Promissory Notes (PN) and Medium Term
Medium Term Notes (MTN), Melakukan Repo dan Notes (MTN), Repo and/or Reverse Repo for
atau Reverse Repo untuk atau dari Sekuritas, or from Securities, obtaining and/or providing
mendapatkan dan atau menyediakan Banker Banker Acceptance, as a source of funding that
Acceptance sebagai sumber pendanaan yang can be used as an alternative source of funding
dapat dipergunakan sebagai alternatif sumber outside Third Party Fund.
pendanaan di luar Dana Pihak Ketiga.
• Mengembangkan transaksi option, tranksaksi • Developing option transactions, Cross Currency
Cross Currency Swap (Foreign Exchange), untuk Swap transactions (Foreign Exchange), to increase
menambah fee based income Bank. fee-based income of the Bank.
• Pembelian reksadana terproteksi (portofolio • Purchasing protected mutual funds (available-for
tersedia untuk dijual/available-for-sale/AFS). -sale/AFS portfolio).
• Online trading transaksi forex untuk nasabah • Conducting online trading of forex transactions for
(Devisa Umum & Banknote) dengan kondisi customers (Foreign Exchange & Banknote) under
apabila e-banking dapat dilaksanakan dengan the conditions that e-banking can be properly
baik. implemented.
Berbagai inisiatif dan strategi yang dilakukan The implementation of these initiatives and strategies
sepanjang tahun 2018 belum berhasil meningkatkan in 2018 has yet to result in increasing the Banks’
pendapatan fee based Treasury, yang tercatat sebesar fee-based income from Treasury,which amounted
Rp44,47 miliar, turun 43,46% dibandingkan dengan to Rp44.47 billion, down 43.46% compared to 2017
perolehan tahun 2017 yang sebesar Rp86,79 miliar. which amounted to Rp86.79 billion. This was caused
Hal ini disebabkan kondisi pasar surat berharga by weaker market for bonds at the end of 2018, which
yang melemah pada akhir tahun 2018 sehingga caused losses in securities trading transactions.
mengakibatkan kerugian pada transaksi perdagangan
surat berharga.

Rencana, fokus, dan strategi Bank pada tahun 2019 The Bank’s plan, focus, and strategy in 2019 in
dalam mengembangkan segmen usaha Treasury dan developing the Treasury and Institutions business
Institutional adalah sebagai berikut: segment are as follows:
• Menerbitkan subordinated loan/debt dalam • Issuing subordinated loan/debt to strengthen the
rangka memperkuat permodalan Bank dan nilai Bank’s capital and CAR.
rasio CAR.
• Pembelian reksadana terproteksi (portofolio • Purchasing protected mutual funds (portfolio
tersedia untuk dijual/available-for-sale/AFS). available for sale/AFS).
• Online trading transaksi forex untuk nasabah • Online trading of forex transactions for customers
(Devisa Umum & Banknote) dengan kondisi (General Reserve & Banknote) with the condition
apabila e-banking dapat dilaksanakan dengan that e-banking can be well performed.
baik.
• Meningkatkan transaksi obligasi ritel (ORI, obligasi • Increasing retail bond transactions (ORI, corporate
korporasi dan SUKRI) dan menjadi sub agen bonds and SUKRI) and becoming sales agents for
penjual Surat Berharga Negara Ritel: SUKRI dan Retail Government Bonds, SUKRI and ORI.
ORI.
• Pembelian Reksa Dana Pasar Uang dan NCD untuk • Buying Money Market Mutual Funds and NCD to
melakukan yield enhancement untuk dana idle. gain yield enhancement on idle fund.
• Transaksi Domestic NDF dengan Nasabah, • Conducting Domestic NDF transactions with
meningkatkan profit dan image Bank melalui customers, improving the Bank’s profit and image
peningkatan volume transaksi valas (DU). by increasing forex transactions (DU).
Pendapatan dan Profitabilitas per Segmen Operasi Income and Profitability by Operating Segment
Keterangan
dalam jutaan Rupiah Kredit Ekspor Impor
Retail Treasury Total
Description Export Import Loan
in Million Rupiah
2018
Pendapatan | Income 25.856 1.215.273 277.437 1.518.566
Beban | Expenses 1.611.335 37.954 174.452 1.823.741
Rugi Tahun Berjalan (305.175)
Loss during the year
2017
Pendapatan | Income 103.057 1.357.731 222.038 1.637.965
Beban | Expenses 1.219.834 162.836 187.171 1.524.980
Laba Tahun Berjalan 112.985
Income during the year

Tinjauan Kinerja Keuangan
Financial Performance Review
Analisis dan pembahasan kinerja keuangan berikut The analysis and discussion of the following financial
berpedoman pada Laporan Keuangan Audit untuk performance is based on the Audited Financial
tahun-tahun yang berakhir pada tanggal 31 Desember Statements for the years ended December 31,
2018 dan 31 Desember 2017 yang diaudit oleh Kantor 2018 and December 31, 2017 audited by the Public
Akuntan Publik (KAP) Kosasih, Nurdiyaman, Mulyadi, Accounting Firm Kosasih, Nurdiyaman, Mulyadi, Tjahjo
Tjahjo & Rekan (An Independent Member Firm of & Associates (an Independent Member Firm of Crowe)
Crowe) dengan opini wajar tanpa pengecualian dalam with unqualified opinion in all material respects. The
segala hal yang material. Laporan keuangan tersebut financial statements are also presented together with
disajikan bersama-sama dengan Laporan Tahunan ini. this Annual Report.
PEMBAHASAN UTAMA MAJOR ANALYSIS

Secara umum, Bank mencatatkan penurunan jumlah In general, the Bank recorded a decrease in credit by
kredit sebesar 10,22% atau sebesar Rp1.152,74 miliar dari 10.22% or Rp1,152.74 billion from 11,281.86 billion to
11.281,86 miliar menjadi Rp10.129,12 miliar pada tahun Rp10,129.12 billion in 2018 because of significant number
2018 karena adanya jumlah pinjaman bermasalah yang of non performing loans. The net non-performing loan
cukup signifikan. Tingkat rasio pinjaman bermasalah (NPL) ratio also rose to 3.12% compared to 1.53% in
(NPL) neto naik menjadi 3,12% dibandingkan dengan 2017. The Company also recorded an increase in
1,53% pada tahun 2017. Perusahaan juga mencatat deposits from customers by 2.67% or amounting
peningkatan simpanan dari nasabah sebesar 2,67% to Rp343.99 billion to Rp13,248.61 billion in 2018.
atau sebesar Rp343,99 miliar menjadi Rp13.248,61 Therefore, the Loan to Funding Ratio (LFR) dropped
miliar pada tahun 2018. Dengan demikian, Loan to from 88.87% in 2017 to 77.43% in 2018.
Funding Ratio (LFR) turun dari 88,87% pada tahun
2017 menjadi 77,43% pada tahun 2018.
Total aset Bank pada tahun 2018 bertumbuh Total Bank assets in 2018 grew by 3.80% or Rp652.49
sebesar 3,80% atau sebesar Rp652,49 miliar billion to Rp17,823.67 billion. For profit and loss, net
menjadi Rp17.823,67 miliar. Dari segi laba rugi, interest income decreased by 19.03% or Rp92.06 billion
penghasilan bunga bersih menurun sebesar 19,03% to Rp391.54 billion in 2018. The decrease in net interest
atau Rp92,06 miliar menjadi Rp391,54 miliar pada income resulted in a decline in Net Interest Margin
tahun 2018. Penurunan penghasilan bunga bersih (NIM) to 2.28%. Nevertheless, the Bank managed
ini mengakibatkan margin bunga bersih (NIM) turun to maintain the Capital Adequacy Ratio (CAR) at a
menjadi 2,28%. Walaupun demikian, Bank mampu healthy level of 14.03%.
menjaga rasio Kewajiban Penyediaan Modal Minimum
(KPMM) di tingkat yang sehat 14,03%.
POSISI KEUANGAN FINANCIAL POSITION
Aset Assets
Pada tahun 2018, Bank mencatatkan total aset sebesar In 2018, the Bank managed to record total assets
Rp17.823,67 miliar, tumbuh 3,80% atau sebesar amounting to Rp17,823.67 billion, growing by 3.80% or
Rp652,49 miliar dibandingkan dengan tahun 2017 Rp652.49 billion compared to Rp17,171.18 billion in 2017.
sebesar Rp17.171,18 miliar. Penurunan kualitas kredit The decline in credit quality caused the Bank to review
membuat Bank harus melakukan peninjauan ulang existing loans, and hold new loan disbursements. This
terhadap pinjaman yang telah diberikan, dan menahan affected to the decline in loan amount in 2018 by
pemberian kredit baru. Hal ini berdampak pada 10.55% to Rp10,259.06 billion compared to Rp11,468.89
penurunan jumlah pinjaman pada tahun 2018 sebesar billion in 2017.
10,55% menjadi Rp10.259,06 miliar dari Rp11.468,89
miliar pada tahun 2017.

2018 2017
dalam Jutaan Rupiah in Million Rupiah
Pinjaman yang Diberikan 10.259.055 11.468.893 Loans
Giro pada Bank Indonesia 803.124 885.824 Current accounts with Bank Indonesia
Giro pada Bank Lain 250.330 264.914 Current accounts with other banks
Penempatan pada Bank Indonesia 649.905 514.950 Placements with Bank Indonesia and
dan Bank Lain other banks
Surat-Surat Berharga 3.562.738 2.938.516 Marketable securities
Tagihan Akseptasi 649.131 616.941 Acceptances receivable
Cadangan Kerugian Penurunan Nilai Aset (894.494) (840.092) Allowance for Impairment
Keuangan Losses Assets
Aset lainnya 2.543.880 1.321.235 Other Assets
Total Aset 17.823.669 17.171.181 Total Assets
A. Kredit Berdasarkan Segmen Bisnis A. Credit by Business Segment

Pinjaman yang diberikan merupakan alokasi Loans which are provided are allocated fund
penempatan dana dalam bentuk fasilitas pembiayaan placements in the form of financing facilities to
kepada nasabah dengan sejumlah imbalan dalam customers with a certain amount of interest in the
bentuk pendapatan bunga dan/atau bagi hasil. form of interest income and/or profit sharing.
a. Kredit Consumer Business a. Consumer Business Credit

Consumer Business merupakan perantara Consumer Business is a financial intermediary
keuangan untuk pengadaan kebutuhan konsumsi for the procurement of consumer needs, such as
nasabah, seperti fasilitas kepemilikan rumah home and car ownership facilities. In details, the
dan mobil. Secara rinci, saldo portofolio Kredit balance of the Housing Loan (KPR) and Vehicle
Pemilikan Rumah (KPR) dan Kredit Kendaraan Loan (KKB) portfolio during 2018 and 2017 is as
Bermotor (KKB) selama tahun 2018 dan 2017 follows:
sebagai berikut:
2018 2017
Kredit Kendaraan Bermotor 802.131 824.973 Vehicle Loans
Kredit Pemilikan Rumah 268.504 261.930 Housing Loans
Total 1.070.635 1.086.930 Total
Portofolio KKB mengalami sedikit penurunan, KKB portfolio slightly declined, while mortgage
sedangkan portofolio KPR mengalami kenaikan portfolio saw an increase in this period. KKB decreased
di periode ini. KKB turun 2,77% menjadi Rp802,13 by 2.77% to Rp802.13 billion compared to Rp824.97
miliar dari Rp824,97 miliar di tahun 2017, sedangkan billion in 2017, while mortgage portfolio increased
portofolio KPR mengalami kenaikan 2,51% menjadi by 2.51% to Rp268.50 billion compared to Rp261.93
Rp268,50 miliar dari Rp261,93 miliar. Produk Consumer billion. Consumer Business products contributed to
Business memberikan kontribusi bagi pertumbuhan the Bank’s loan growth in 2018 at 10.44%, up from
pinjaman Bank pada tahun 2018 sebesar 10,44%, naik 9.48% in 2017.
dari 9,48% pada tahun 2017.
b. Kredit SME dan Corporate b. SME and Corporate Credits

Kredit SME dan Corporate sebagai penyokong dan SME and Corporate Credit serve as financial
perantara keuangan untuk pengadaan kebutuhan support and intermediaries for the procurement
modal kerja dan usaha bagi masyarakat industri. of working capital and business needs for the
Produk kredit tersebut seperti kredit modal kerja, industrial community. Credit products include
kredit investasi, fasilitas rekening koran, dan lain working capital loans, investment loans, bank
sebagainya. account facilities, and so forth.

Rincian portofolio adalah sebagai berikut:
2018 2017
Kredit modal kerja 3.018.635 2.826.644 Working capital loans
Kredit investasi 1.499.699 1.679.782 Investment loans
Pinjaman rekening koran 1.811.923 2.039.071 Current account loans
Kredit ekspor impor 1.566.546 1.797.307 Export import loans
Lain-Lain 2.362.252 3.126.089 Others
Total 10.259.055 11.468.893 Total
Portofolio pinjaman modal kerja adalah satu-satunya The portfolio of working capital loans is the only
yang mengalami kenaikan di portofolio SME dan one increased in the SME and Corporate portfolio
Corporate, dengan kenaikan sebesar 6,79% menjadi segment, with an increase of 6.79% to Rp3,018.64
Rp3.018,64 miliar dari Rp2.826,64 miliar di tahun 2017. billion in compared to Rp2,826.64 billion in 2017. SME
Produk SME dan Corporate memberikan kontribusi and Corporate products contributed 88.27% to credit
bagi pertumbuhan kredit sebesar 88,27% pada tahun growth in 2018, slightly down from 90.52% in 2017.
2018, sedikit menurun dari 90,52% pada tahun 2017.
c. Kredit berdasarkan Jenis Mata Uang c. Credit by Currency

Kontribusi kredit dalam mata uang Rupiah Contribution of credit denominated in Rupiah
menurun, sedangkan valas meningkat. Pinjaman currency decreased, while in foreign currency
dalam mata uang Rupiah turun 13,96% menjadi increased. Rupiah denominated loans decreased
Rp9.015,24 miliar dari Rp10.478,25 miliar pada by 13.96% to Rp9,015.24 billion to Rp10,478.25
tahun 2018. Pinjaman dalam mata uang valas billion in 2018. Foreign currency loans increased
meningkat 25,56% menjadi Rp1.243,81 miliar dari by 25.56% to Rp1,243.81 billion from Rp990.64
Rp990,64 miliar. billion.
2018 2017
Rupiah 9.015.242 10.478.254 Rupiah
Valas 1.243.813 990.639 Foreign Exchange
Total 10.259.055 11.468.893 Total
d. Kredit Menurut Sektor Ekonomi d. Credit by Economic Sector

Kredit berdasarkan sektor ekonomi mengalami Credit increase based on the economic sector
penurunan sebesar 10,55% di tahun 2018, terutama decreased 10.55% in 2018, mainly due to the
disebabkan oleh industri pengolahan yang turun drastic decline of manufacturing industry by
drastis sebesar 40,65% menjadi Rp1.744,38 miliar 40.65% to Rp1,744.38 billion or Rp2,939.00 billion
dari Rp2.939,00 miliar. Perdagangan besar dan Wholesaler and retailer also declined by 18.78%
eceran juga mengalami penurunan yang cukup to Rp512.90 billion to Rp2,215.30 billion from
besar mencapai 18,78% atau Rp512,09 miliar Rp2,727.40 billion.
menjadi Rp2.215,30 miliar dari Rp2.727,40 miliar.

2018 2017
Rumah Tangga 1.519.528 1.562.264 Household
Industri Pengolahan 2.644.452 2.939.004 Processing Industry
Perdagangan Besar dan Eceran 2.292.760 2.727.395 Wholesaler and Retail
Perantara Keuangan 1.246.475 1.432.156 Financial Agent
Transportasi, Pergudangan dan 533.739 777.344 Transportation, Warehousing and
Komunikasi Communications
Konstruksi 496.438 385.002 Constructions
Jasa Kemasyarakatan, Sosial Budaya, 41.790 61.127 Lifestyle, Social Cultural, Entertainment
Hiburan dan Perorangan Lainnya and Other Individuals
Jasa Kesehatan dan Kegiatan Sosial 9.779 35.497 Other Individuals
Penyediaan Akomodasi, Makanan dan 611.968 979.115 Healthcare Services and
Minuman Social Activities
Real Estate, Usaha Persewaan dan Jasa 545.537 480.014 Real Estate, Rental and Services
Perusahaan
Pertambangan 115.491 65.368 Mining
Perikanan 14.956 14.887 Fishery
Pertanian, Perburuan dan Kehutanan 71.837 9.071 Agribusiness, Hunting and Forestry
Jasa Perorangan yang Melayani Rumah - 42 Individual Services the Household
Tangga
Jasa Pendidikan 510 607 Education Services
Listrik, Gas dan Air, dan lain-lain 113.795 - Electricity, Gas and Water
Total 10.259.055 11.468.893 Others
B. Kualitas Kredit/NPL B. Credit Quality/NPL

Pada tahun 2018, rasio NPL gross tercatat sebesar In 2018, gross NPL ratio was recorded increasing to
4,26%, naik dari 2,94% di tahun 2017. Sementara NPL 4.26% compared to 2.94% in 2017. Meanwhile, net
net tercatat sebesar 3,12%, juga naik dibandingkan NPL was also recorded at 3.12%, increased from 1.53%
dengan 1,53% di tahun sebelumnya. Kenaikan NPL in prior year. The increase in NPL was due to the low
terjadi karena adanya kredit yang kurang berkualitas. quality credit. The Bank has reviewed existing loans
Bank telah melakukan peninjauan ulang dari kredit and will continue to manage strictly the exposure of
yang ada dan akan terus mengelola secara ketat certain debtors who potentially could increase the
eksposur debitur korporasi tertentu yang berpotensi NPL level.
menaikkan tingkat NPL.
C. Cadangan Kerugian Penurunan Nilai (CKPN) C. Provision for Impairment Losses (CKPN)
Bank menggunakan teknik perhitungan dalam The Bank adopts the techniques of calculating
Cadangan Kerugian Penurunan Nilai (CKPN) nilai Provision for Impairment Losses (CKPN) of financial
aset keuangan secara individual dan kolektif, adalah assets individually and collectively, as follows:
sebagai berikut:
• Cadangan Kerugian Penurunan Nilai Individual • Individual Impairment Losses. The Bank evaluates
Bank melakukan evaluasi kerugian penurunan impairment losses and calculates the formation
nilai dan perhitungan pembentukan CKPN aset of Provision for Impairment Losses of individual
keuangan kredit secara individual menggunakan financial credit assets using discounted cash flow
teknik discounted cash flow (nilai kini estimasi techniques and fair value of collateral. Discounted
arus kas masa datang) dan fair value of collateral cash flow estimations are derived from the
(nilai kini dari nilai wajar agunan). Estimasi arus kas projected income from principal amount, interest
masa datang (discounted cash flow) bersumber and/or fines, which may also be derived from the
dari ekspektasi penerimaan pokok, bunga dan atau proceeds of a third party guarantee claim and/or
denda, dapat juga bersumber dari penerimaan compensation payment from the insurer. While
realisasi hasil klaim jaminan pihak ketiga dan the estimated future cash flows are derived from

atau pembayaran ganti rugi dari perusahaan the projected income of the fair value of collateral
asuransi. Adapun, estimasi arus kas masa datang from the realization of collateral sales. For
yang berasal dari ekspektasi penerimaan realisasi financial assets of credit that have been evaluated
agunan (fair value of collateral) bersumber dari individually but there is no objective evidence of
realisasi penjualan agunan. Aset keuangan kredit impairment loss, the evaluation of Provision for
yang telah dievaluasi secara individual namun Impairment Losses shall be collective.
tidak terdapat bukti objektif kerugian penurunan
nilai sehingga evaluasi kerugian penurunan nilai
dan CKPN dilakukan secara kolektif.
• Cadangan Kerugian Penurunan Nilai Kolektif • Collective Impairment Loss is calculated by using
Perhitungan CKPN kolektif menggunakan the method of roll rates or migration analysis with
metode roll rates atau migration analysis dengan Probability of Default (PD) and Loss Given Default
parameter Probability of Default (PD) dan Loss (LGD) parameters based on bank historical
Given Default (LGD) berdasarkan data historis data. As for financial assets that have been
bank. Aset keuangan yang telah dievaluasi secara collectively evaluated without objective evidence
kolektif namun ditemukan dan atau terdapat bukti of impairment loss, the evaluation of impairment
objektif terjadi kerugian penurunan nilai maka losses and CKPN is assessed individually.
CKPN dinilai secara individual.
2018 2017
dalam Jutaan Rupiah Kolektif Kolektif in Million Rupiah
Individual Individual
Collective Collective
Rupiah Rupiah
Saldo awal tahun 81.429 103.224 502.099 33.633 Balance at beginning
of the year
Penyisihan (pemulihan) tahun 105.397 (36.695) 3.704 82.902 Provision (reversal) during the
berjalan year
Penghapusbukuan pinjaman (6.805) - (334.824) (13.311) Written-off loans
Penghapus bukuan kredit (100.436) - - - Written-off non-performing
bermasalah loans
Pemulihan yang timbul dari (17.638) - (89.550) - Reversal arising from
unwinding interest unwinding interest
Saldo akhir tahun 61.947 66.529 81.429 103.224 Balance at end of year
Mata uang asing Foreign currency
Saldo awal tahun 2.007 372 2.551 526 Balance at beginning of the
year
Penyisihan (pemulihan) tahun 5.881 (83) 8.108 (154) Provision (reversal) during the
berjalan year
Selisih perbedaan kurs (6.715) - (8.652) - Exchange rate differences
Saldo akhir tahun 1.173 289 2.007 372 Balance at end of year
Total 63.120 66.818 83.436 103.596 Total
Meski demikian, Manajemen berpendapat bahwa However, Management believes that the provision
cadangan kerugian penurunan nilai kredit yang for impairment losses formed in 2018 still covers the
dibentuk pada tahun 2018 masih dapat menutup losses that may arise from uncollectible loans.
kerugian yang mungkin timbul akibat tidak tertagihnya
pinjaman.
D. Penempatan pada Bank Indonesia dan Bank Lain D. Placement with Bank Indonesia and Other Banks
Penempatan pada Bank Indonesia dan bank lain Placements with Bank Indonesia and other banks
merupakan alokasi penempatan dana sementara represent temporary fund allocation to optimize the
untuk mengoptimalkan kelebihan dana pihak ketiga excess of third party fund and mitigate the Bank’s
dan memitigasi risiko likuiditas Bank. Fluktuasi saldo liquidity risk. Volatility in the balances of placement
penempatan pada Bank Indonesia dan bank lain with Bank Indonesia and other banks depend on the

tergantung dari siklus perputaran likuiditas dana dari cycle of liquidity of funds from third parties. In 2018,
pihak ketiga. Pada tahun 2018, penempatan pada Bank placements with Bank Indonesia and other banks
Indonesia dan bank lain tercatat mengalami kenaikan increased by 26.21% or increasing from Rp134.96
26,21% atau sebesar Rp134,96 miliar menjadi Rp649,91 billion to Rp649.91 billion compared to Rp514.95
miliar dari Rp514,95 miliar di tahun 2017. billion in 2017.
E. Surat Berharga E. Marketable Securities

Surat berharga merupakan alokasi penempatan Marketable Securities represent the allocations of
dana sementara dalam bentuk surat-surat berharga temporary fund placements in the form of securities
untuk mengoptimalkan kelebihan dana pihak ketiga to optimize the excess of third party funds and
dan memitigasi risiko likuiditas Bank. Seperti halnya mitigate the Bank’s liquidity risk. As with placements
penempatan pada Bank Indonesia dan bank lain, with Bank Indonesia and other banks, fluctuations in
fluktuasi saldo surat berharga tergantung dari siklus securities balances depend on the cycle of liquidity
perputaran likuiditas dana dari pihak ketiga. Pada of funds from third parties. In 2018, the balance of
tahun 2018, saldo aset surat berharga naik 21,24% atau securities assets increased by 21.24% or increasing
sebesar Rp624,22 miliar menjadi Rp3.562,74 miliar from Rp624.22 billion to Rp3,562.74 billion compared
menjadi Rp2.938,52 miliar di tahun 2017. to Rp2,938.52 billion in 2017.
Keterangan Perubahan (%) Description

2018 2017
dalam Jutaan Rupiah Change (%) in Million Rupiah
Pinjaman yang diberikan 10.259.055 11.468.893 (10,55) Loans
Giro pada Bank Indonesia 803.124 885.824 (9,34) Current accounts with Bank
Giro pada Bank Lain 250.330 264.914 (5,51) Indonesia
Penempatan pada Bank 649.905 514.950 26,21 Placements with Bank
Indonesia dan Bank Lain Indonesia and other banks
Surat-Surat Berharga 3.562.738 2.938.516 21,24 Marketable securities
Tagihan Akseptasi 649.131 616.941 5,22 Acceptances receivable
Cadangan Kerugian Penurunan (894.494) (840.092) 6.47 Allowance for impairment
Nilai Aset Keuangan losses assets
Aset lainnya 2.543.880 1.321.235 92.53 Other assets
Total Aset 17.823.669 17.171.181 3,80 Total Assets
Liabilitas Liabilities
A. Simpanan Nasabah A. Deposits from Customers

Simpanan nasabah merupakan dana yang dihimpun Deposits from customers represent the fund
dari nasabah dalam bentuk giro, tabungan, gathered from customers in the form of demand
dan deposito. Pada tahun 2018, Bank berhasil deposits, savings, and time deposits. In 2018, the Bank
mempertahankan total simpanan sebesar Rp13.248,61 managed to maintain total deposits of Rp13,248.61
miliar dari Rp12.904,62 miliar di tahun 2017. Komposisi billion compared to Rp12,904.62 billion in 2017. The
dana giro turun 10% menjadi Rp786 miliar dari Rp873 composition of demand deposits decreased by 10% to
miliar di tahun 2017, sedangkan tabungan turun 4,6% Rp786 billion compared to Rp873 billion in 2017, while
menjadi Rp791 miliar dari Rp829 miliar. Deposito naik savings dropped 4.6% to Rp791 billion from Rp829
4,2% menjadi Rp11.671,89 miliar dari Rp11.203,04 miliar. billion, Deposits rose 4.2% to Rp11.671,89 billion from
Rp11,203.04 billion.
Porsi terbesar dari simpanan nasabah adalah The largest portion of customer savings is time
deposito yang tercatat sebesar 88% dari total deposits amounted for 88% of total customer deposits.
simpanan nasabah. Bank berupaya mempertahankan The Bank tried to maintain outstanding amount along
outstanding bersamaan dengan memperbaiki CASA with improving CASA by increasing the number of
melalui cara menambah nasabah retail yang tentunya retail customers with lower interest rates to improve
dengan tingkat bunga yang lebih rendah sehingga overall cost of fund.
dapat memperbaiki biaya dana secara keseluruhan.

B. Simpanan dari Bank Lain B. Deposits from Other Banks
Simpanan dari Bank lain merupakan penempatan Deposits from Other Banks represent placements
dana oleh bank lain untuk suatu jangka waktu tertentu. of funds by other banks for a certain period of time.
Simpanan dari bank lain pada tahun 2018 meningkat Deposits from other banks in 2018 increased by 28.68%
28,68% atau sebesar Rp426,04 miliar menjadi or increasing from Rp426.04 billion to Rp1,911.60
Rp1.911,60 miliar dari Rp1.485,56 miliar di tahun 2017. billion compared to Rp1,485.56 billion in 2017.
C. Total Liabilitas C. Total Liabilities

Pada tahun 2018, total liabilitas Bank meningkat 5,43% In 2018, the Bank’s total liabilities increased by 5.43%
atau sebesar Rp849,91 miliar menjadi Rp16.508,77 or increasing from Rp849.91 billion to Rp16,508.77
miliar dibandingkan dengan tahun 2017 sebesar billion compared to Rp15,658.86 billion in 2017 driven
Rp15.658,86 miliar yang didorong oleh peningkatan by an increase in deposits from related parties and
simpanan dari pihak berelasi dan pihak ketiga 2,67% third parties by 2.67% to Rp13,248.61 billion compared
menjadi Rp13.248,61 miliar dibanding Rp12.904,62 to Rp12,904.62 billion in prior year.
miliar pada tahun sebelumnya.

2018 2017
Simpanan nasabah 13.248.605 12.904.620 2,67 Deposits from customers
Giro 786.173 873.058 (9,95) Demand deposits
Tabungan 790.545 828.521 (4,58) Savings deposits
Deposito 11.671.887 11.203.041 4,18 Time deposits
Simpanan dari Bank Lain 1.911.604 1.485.561 28,68 Deposits from other banks
Liabilitas Lainnya 1.348.557 1.268.676 6,30 Other Liabilities
Total Liabilitas 16.508.766 15.658.857 5,43 Total Liabilities
Ekuitas Equity
Pada tahun 2018, total ekuitas Bank menurun sebesar In 2018, the Bank’s total equity decreased by 13.05%
13,05% atau Rp197,42 miliar menjadi Rp1.314,90 miliar or Rp197.42 billion to Rp1,314.90 billion compared to
dari Rp1.512,32 miliar di tahun sebelumnya. Penurunan Rp1,512.32 trillion in 2017. The decrease in equity was
ekuitas terutama disebabkan oleh rugi Bank tahun mainly due to the Bank’s losses in 2018 amounting to
2018 sebesar Rp401,10 miliar. Rp401.10 billion.

2018 2017
Modal Saham 12.223.149 12.223.155 0,00 Capital Stock
Tambahan Modal Disetor 178.765 178.759 0,00 Additional Paid-Up Capital
Komponen Ekuitas Lain 178.765 - 100,00 Othet Components of Equity
Uang Muka Setoran Modal - - - Advances in Paid-Up Capital
Surplus Revaluasi Aset Tetap 124.962 143.097 (12,67) Surplus from Revaluation of
- Neto Fixed Assets - Net
Kerugian yang belum Direalisasi (122.032) 17.400 (801,33) Unrealized Losses
Saldo Rugi telah Ditentukan 1.002 1.002 0,00 Appropriated Retained Loss
Penggunaannya
Saldo Rugi belum Ditentukan (11.444.318) (11.051.089) 355,82 Unappropriated Retained Loss
Penggunaannya
Total Ekuitas 1.314.903 1.512.324 (13,05) Total Equity

Laba Rugi Profit and Loss
Pendapatan Bunga Interest Income

Pendapatan bunga berasal dari imbal jasa atas Interest income is derived from fees from loans,
kredit yang diberikan, surat-surat berharga, serta marketable securities, and placements with Bank
penempatan pada Bank Indonesia dan bank lain. Pada Indonesia and other banks. In 2018, the Bank’s interest
tahun 2018, pendapatan bunga bank turun 4,92% income decreased by 4.92% or Rp73.83 billion to
atau sebesar Rp73,83 miliar menjadi Rp1.426,81 miliar Rp1,426.81 billion compared to Rp1,500.65 billion.
dari Rp1.500,65 miliar. Penurunan pendapatan bunga The decrease in interest income was mainly driven by
terutama karena turunnya pendapatan bunga yang the decrease in interest income from loans by minus
berasal dari pinjaman yang diberikan sebesar minus 10.80% or Rp146.26 billion to Rp1,208.21 billion from
10,80% atau Rp146,26 miliar dari Rp1.208,21 miliar dari Rp1,354.47 billion in 2017.
Rp1.354,47 miliar di tahun 2017.

2018 2017
Pinjaman yang diberikan 1.208.214 1.354.474 (10,80) Loans
Surat-Surat Berharga 211.217 135.186 56,24 Marketable securities
Penempatan pada Bank 7.382 10.986 (32,81) Placements with Bank
Indonesia dan Bank Lain Indonesia (BI) and other banks
Jumlah Pendapatan Bunga 1.426.813 1.500.646 (4,92) Total Interest Income
a. Pendapatan Bunga Kredit a. Loan Interest Income

Pada tahun 2018, pendapatan bunga kredit turun In 2018, loan interest income decreased by 10.80%
10,80% atau sebesar Rp146,26 miliar menjadi or Rp146.26 billion to Rp1,208.21 billion from
Rp1.208,21 miliar dari Rp1.354,47 miliar. Hal ini Rp1,354.47 billion. This was due to the decrease in
disebabkan jumlah pinjaman yang diberikan loans by 10.55%.
menurun sebesar 10,55%.
b. Pendapatan Bunga Surat Berharga b. Marketable Securities Interest Income
Pendapatan bunga surat berharga di tahun Marketable Securities Interest Income in 2018
2018 naik 56,24% atau sebesar Rp76,03 miliar increased by 56.24% or Rp76.03 billion to Rp211.22
menjadi Rp211,22 miliar dari Rp135,19 miliar. Hal billion compared to Rp135.19 billion. This is due
ini disebabkan oleh pertumbuhan pendapatan to the increase in interest income from Bank
bunga dari Sertifikat Bank Indonesia dan obligasi Indonesia Certificates and government bonds.
pemerintah.
c. Pendapatan Bunga Penempatan Pada Bank c. Interest Income on Placements with Bank
Indonesia dan Bank Lain Indonesia and Other Banks
Pendapatan bunga penempatan pada BI dan Income from placement with BI and other banks in
bank lain di tahun 2018 turun 32,81% atau sebesar 2018 was decreased by 32.81% or Rp3.60 billion to
Rp3,60 miliar menjadi Rp7,38 miliar dari Rp10,99 Rp7.38 billion from Rp10.99 billion.
miliar.
Beban Bunga Interest Expense

Beban bunga berasal dari imbal jasa atas simpanan Interest expense is derived from fees on customer
nasabah, fasilitas pinjaman dan surat-surat berharga deposits, loan facilities and marketable securities
yang diterbitkan. Pada tahun 2018, beban bunga issued. In 2018, the bank’s interest expense increased
bank naik 1,79% atau sebesar Rp18,23 miliar menjadi by 1.79% or went up from Rp18.23 billion to Rp1,035.27
Rp1.035,27 miliar dari Rp1.017,05 miliar di tahun 2017. billion compared to Rp1,017.05 billion in 2017. The
Kenaikan ini terutama disebabkan oleh naiknya jumlah increase was mainly due to the rising amount of
giro dan simpanan dari bank lain. Beban bunga untuk demand deposits and deposits from other banks.
deposito berjangka mengalami penurunan 3,44%. Interest expense for time deposits declined by 3.44%.

2018 2017
Deposito Berjangka 839.129 868.991 (3,44) Time deposits
Giro 22.125 19.883 11,28 Demand deposits
Simpanan dari Bank lain 83.051 65.265 27,25 Deposits from other banks
Tabungan 37.389 35.435 5,51 Savings deposits
Provisi dan Komisi 38 34 11,76 Provision and commission
Surat Berharga 53.058 27.437 93,38 Securities
Lain-lain 482 - 100,00 Others
Jumlah Beban Bunga 1.035.272 1.017.045 1,79 Total Interest Expense
Pendapatan Bunga Bersih Net Interest Income

Pendapatan bunga bersih bank di tahun 2018 turun Net interest income of banks in 2018 dropped by
19,04% atau sebesar Rp92,06 miliar menjadi Rp391,54 19.04% or Rp92.06 billion to Rp391.54 billion compared
miliar dari Rp483,60 miliar di tahun 2017. Hal ini terkait to Rp483.60 billion in 2017. This is closely related with
erat dengan penurunan jumlah kredit outstanding di the declining amount of outstanding loans in 2018.
tahun 2018.
Pendapatan dan Beban Operasional Lainnya Other Income and Operating Expense
Pendapatan operasional lainnya merupakan Other operating income represents the non-interest
pendapatan non-bunga yang terutama diperoleh income which is primarily derived from income from
dari pendapatan hapus buku. Pada tahun 2018, write-offs. In 2018, the Bank recorded other operating
Bank mencatat pendapatan operasional lainnya income decreased by 49.64% or Rp90.43 billion to
turun 49,64% atau sebesar Rp90,43 miliar menjadi Rp91.75 billion compared to Rp137.31 billion in 2017.
Rp91,75 miliar dari Rp137,31 miliar di tahun 2017. Hal This is due to the recovered loans already written off
ini disebabkan oleh pemulihan dari kredit yang telah and treasury revenues from general foreign exchange
dihapus buku dan pendapatan treasury dari transaksi transactions and banknotes, as well as the sales of
devisa umum dan banknotes, serta penjualan agunan. collateral.
Beban operasional lainnya merupakan beban selain Other operating expenses represent expenses other
bunga yang diperoleh dari kegiatan operasional bank than interests from bank operations including salaries
mencakup beban gaji dan tunjangan, penyisihan and allowances, provision for impairment losses,
kerugian penurunan nilai, beban umum dan general and administrative expenses and other
administrasi serta beban lain-lain. Pada tahun 2018, expenses. In 2018, other operating expenses increased
beban operasional lainnya tercatat naik sebesar 55% by 55% or went up from Rp280.53 billion to Rp788.47
atau sebesar Rp280,53 miliar menjadi Rp788,47 miliar billion compared to Rp507.94 billion in 2017. This is
dari Rp507,94 miliar di tahun 2017. Hal ini terutama primarily due to significant increase in provision for
disebabkan kenaikan signifikan penyisihan kerugian impairment losses to Rp154.51 billion compared to
penurunan nilai yang tercatat naik menjadi Rp154,51 Rp42.18 billion.
miliar dari Rp42,18 miliar.
Laba (Rugi) Operasional Operating Income (Loss)

Tahun 2018 mencatatkan rugi operasional sebesar Operating loss in 2018 was Rp305.18 billion, compared
Rp305,18 miliar, berbanding dengan laba operasional to operating income of Rp112.98 billion in 2017. This
sebesar Rp112,98 miliar di tahun 2017. Hal tersebut was primarily due to lower net interest income,
disebabkan oleh menurunnya pendapatan bunga increasing recovery of loss impairment and loss from
bersih, naiknya pemulihan atas cadangan kerugian asset impairment.
penurunan nilai dan kerugian penurunan nilai aset
keuangan.

Pendapatan dan Beban Non Operasional Non-operating Income and Expenses

Pendapatan dan beban non operasional bank Non-operating income and expenses represent
merupakan penerimaan dan pengeluaran bank yang bank receipts and expenditures derived from non-
berasal dari kegiatan non operasional bank. Pada operational activities of banks. In 2018, the Bank’s
tahun 2018, pendapatan non operasional Bank tercatat non-operating income decreased by 82.51% or went
menurun 82,51% atau sebesar Rp85,80 miliar menjadi down from Rp85.80 billion to Rp18.19 billion compared
Rp18,19 miliar dari Rp103,99 miliar di tahun sebelumnya. to Rp103.99 billion in previous year. While the non-
Adapun beban non operasional Bank pada tahun operating expenses of the Bank in 2018 increased by
2018 naik 18,28% atau sebesar Rp18,02 miliar menjadi 18.28% or Rp18.02 billion to Rp116.60 billion compared
Rp116,60 miliar dari Rp98,58 miliar. Kenaikan beban to Rp98.58 billion. The increase in non-operating
non operasional antara lain disebabkan oleh rugi expenses was due to the operating loss and write-off
penjualan dan penghapusan aset tetap. of current assets.
Laba (Rugi) Tahun Berjalan Net Profit (Loss) for the Year
Pada tahun 2018, Bank mencatatkan rugi tahun In 2018, the Bank managed to record net profit of
berjalan sebesar Rp401,10 miliar, berbanding dengan Rp401.10 billion, compared to Rp121.53 billion in 2017.
laba Rp121.53 miliar di tahun 2017. Ini disebabkan This was due to the loss of loan quality.
adanya penurunan kualitas kredit.
PERBANDINGAN ANTARA TARGET DAN COMPARISON BETWEEN TARGET AND

REALISASI 2018 REALIZATION 2018
Permodalan Capital
Pada tahun 2018, Rasio Kecukupan Modal (CAR) In 2018, Capital Adequacy Ratio (CAR) stood at 14.03%
(KPMM) tercatat sebesar 14,03% dan mencapai and reached 93.66% of the target set at 14.98%. This
93,66% dari target yang ditetapkan sebesar 14,98%. is due to the difference of amount in subdebt and
Hal ini disebabkan adanya perbedaan jumlah subdebt losses of the Bank which was larger than realization
dan kerugian Bank yang diproyeksikan sebelumnya in 2018, in addition to the larger amount of realized
lebih besar dibandingkan dengan realisasi di tahun Risk Weighted Assets (ATMR) of Credit, Markets and
2018, di samping Aktiva Tertimbang Menurut Risiko Operations than those projected. However, the Bank is
(ATMR) Kredit, Pasar dan Operasional yang terealisasi still trying to maintain KPMM/CAR at above 14%.
di tahun 2018 lebih besar dari (ATMR) Kredit, Pasar,
dan Operasional yang diproyeksikan. Namun, Bank
tetap berusaha agar KPMM/CAR berada pada kisaran
di atas 14%.
Realisasi
Desember 2018
Keterangan Target 2018 (Audited) Description
Realization on
December 2018
KPMM 14,98% 14,03% CAR
Kualitas Aset Asset Quality
Non Performing Loan Non Performing Loan

Pada tahun 2018 rasio NPL net tercatat sebesar 3,12% In 2018, the net NPL ratio was recorded at 3.12% and
dan NPL gross sebesar 4,26% sedangkan target yang gross NPL of 4.26%, while the target set for net NPL
ditetapkan pada NPL net sebesar 1,05% dan NPL was 1.05% and gross NPL of 4.24%. The Bank achieved
gross sebesar 4,24%. Bank telah mencapai 99,53% 99.53% of gross NPL target, while only achieving net
dari target NPL gross yang telah ditetapkan, walaupun NPL target of 33.65% as the Bank considered that
pencapaian target NPL net hanya 33,65% karena the impairment on losses were already enough to
Bank menganggap pembentukan CKPN sudah cukup cover non performing loans. The Bank will continue to
untuk meng-cover kredit bermasalah. Bank akan make sure that the NPL is within the limits set by the
terus berupaya agar NPL berada pada batas yang regulator.
ditentukan regulator.

Realisasi
Desember 2018
Keterangan Target 2018 (Audited) Description
Realization on
December 2018
NPL Bruto 4,24% 4,26% NPL Gross
NPL Neto 1,05% 3,12% NPL Net
Kredit yang Diberikan Loans Disbursement

Realisasi kredit yang diberikan tahun 2018 sebesar Loans disbursement in 2018 amounted to Rp10,259.06
Rp10.259,06 miliar, berada 93,00% di bawah target billion, or 93.00% below the target set in the Bank’s
yang ditetapkan dalam Rencana Bisnis Bank sebesar Business Plan of Rp11,030.87 billion. Worsening loan
Rp11.030,87 miliar. Memburuknya kualitas kredit quality in 2018 made the Bank sold its Non Performing
sepanjang tahun 2018 menyebabkan Bank melakukan Loans (NPL Transfer) to PT JTrust Investment Indonesia
strategi penjualan kredit bermasalah (Transfer NPL) ke (JTII) which resulted in the decline in loan portfolio by
PT JTrust Investment Indonesia (JTII) yang berdampak the end of 2018.
pada penurunan portofolio kredit pada akhir tahun
2018.
Dana Pihak Ketiga Third Party Funds

Dana Pihak ketiga pada tahun 2018 relatif stabil. Jika Third party funds in 2018 were relatively stable. When
dibandingkan dengan target, perolehan Dana Pihak compared to the target, Third Party Funds acquisition
Ketiga mencapai 96,63%. Hal ini sejalan dengan upaya reached 96.63%. This is in line with Management
Manajemen untuk optimalisasi dana pihak ketiga serta efforts to optimize third party funds and organize the
terus berupaya menata komposisi dana ke arah yang composition of funds to lower cost, and to no longer
lebih murah, dan berupaya melepaskan keterikatan be dependent on large depositors.
pada deposan besar.
Realisasi
Desember 2018
Target 2018 Pencapaian
(Audited)
Keterangan (Rp miliar / Achievement (%) Description
Realization on
billion)
December 2018
(Audited)
Dana Pihak Ketiga 13.710,78 13.248,61 96,63% Third Party Fund
- Giro 995,40 786,17 78,99% - Demand Deposits
- Tabungan 814,42 790,55 97,07% - Saving Deposits
- Deposito 11.900,96 11.671,89 98,08% - Time Deposits

Selain pembebanan CKPN atas pemburukan kualitas Aside from provision for loan impairment losses,
kredit, besarnya biaya konsultan fee terkait kasus the amount of consultancy fees on legal issues and
hukum dan perbaikan bisnis proses juga menjadi business process improvement also became significant
faktor signifikan dalam perolehan laba negatif/rugi di factors in the losses posted in 2018. The losses after
tahun 2018. Pencapaian target laba rugi setelah pajak tax of negative Rp401.10 billion was 234.65% of the
sebesar negatif Rp401,10 miliar ini telah mencapai target set at negative Rp941.17 billion.
234,65% dari target yang ditetapkan sebesar negatif
Rp941,17 miliar.

Realisasi
Desember 2018
(Audited)
Realization on
billion)
December 2018
(Audited)
Laba (Rugi) Setelah Pajak (941,17) (401,10) 42,61% Profit (Loss) After Tax
Fee Based Income Fee Based Income

Pendapatan fee based dipengaruhi oleh kondisi Fee based income is influenced by macroeconomic
makroekonomi, antara lain surat berharga dan transaksi condition such as, securities and forex transactions.
valas. Pada tahun 2018, Bank mencatat perolehan In 2018, the Bank recorded fee-based income from
fee based income dari transaksi surat berharga dan securities and forex transactions amounting to
transaksi valas sebesar Rp42,84 miliar, 63,23% dari Rp42.84 billion and reached 63.23% of the target at
target yang ditetapkan sebesar Rp67,75 miliar. Rp67.75 billion.
Biaya Overhead Overhead Cost

Pada tahun 2018, Bank mencatatkan biaya umum In 2018, the Bank recorded general administrative
administrasi sebesar Rp326,09 miliar, atau 80,39% di fees of Rp326.09 billion, or 80.39% below the target
bawah target yang ditetapkan sebesar Rp262,13 miliar. established at Rp262.13 billion. This is due to the
Hal ini disebabkan oleh biaya rebranding nama Bank costs of rebranding the name of J Trust Bank to build
J Trust Indonesia untuk membangun corporate image corporate image and promotional costs in public
dan promosi pada transportasi publik dan media transports and electronic media.
elektronik.
Bank telah melakukan efisiensi biaya tenaga kerja dan The Bank has implemented labor cost efficiency which
terealisasi sebesar Rp289,49 miliar atau berada di atas was realized at Rp289.49 billion or above the target
target yang diberikan, sebesar 100,26% dari target of 100.26% from the target given at Rp290.25 billion.
yang diberikan sebesar Rp290,25 miliar. Rekrutmen Selective recruitment with priorities on the Bank’s
yang selektif dengan prioritas kepada bisnis Bank serta business as well as office hour optimization were
optimalisasi jam kerja adalah salah satu keberhasilan among the success in efficiency of labor cost decrease.
efisiensi dalan penurunan biaya tenaga kerja.
Sedangkan, realisasi BOPO pada tahun 2018 telah Meanwhile, the realization of BOPO in 2018 exceeded
melampaui target 124,66% atau sebesar 116,32% target of 124.66%, or 116.32% from the target given at
dibandingkan target yang diberikan sebesar 145,00%. 145.00%. Overall, the Bank will try to reduce overhead
Secara keseluruhan, Bank akan berusaha menekan cost in order to save at the maximum below the
beban biaya overhead agar dapat dihemat secara specified target in the future.
maksimal di bawah target yang ditetapkan.
Realisasi
Desember 2018
(Audited)
Realization on
billion)
December 2018
(Audited)
BUA 262,13 326,09 124,41% BUA
Personel 290,25 289,49 99,73% Personnel

Pencapaian Target dan Realisasi Lainnya Target Achievement and Other Realization
Target 2018
Realisasi 2018
Keterangan (Rp miliar / Status Description
Realization 2018
billion)
Rasio Kredit terhadap 80,45% 77,43% Tidak Tercapai Loan to Funding Ratio
Dana Pihak Ketiga Not Achieved
Komposisi CASA terhadap 13,20% 11,90% Tidak Tercapai CASA to Total Customer
Total Dana Pihak Ketiga Not Achieved Deposits
Margin Bunga Bersih 2,33% 2,28% Tidak Tercapai Net Interest Margin
Not Achieved
PROYEKSI 2019 PROJECTION 2019
Bank telah menyusun Rencana Bisnis Bank (RBB) The Bank has developed Bank’s Business Plan 2019 to
2019 untuk mencapai pertumbuhan bisnis dengan achieve business growth by taking considering macro
mempertimbangkan asumsi-asumsi makro dan assumptions and other internal financial assumptions,
asumsi-asumsi keuangan internal lainnya, meliputi including macroeconomic projections and Bank
proyeksi makroekonomi dan kebijakan moneter Bank Indonesia’s monetary policy. The financial projection
Indonesia. Proyeksi keuangan pada pada tahun 2019 in 2019 in this Annual Report is a “statement of
dalam Laporan Tahunan ini merupakan “pernyataan hope for the future” concerning the plan, hope, or
harapan untuk masa depan” mengenai kehendak, future projection of PT Bank JTrust Indonesia Tbk.
harapan, ataupun proyeksi masa depan PT Bank or management of the Bank upon the publication
JTrust Indonesia Tbk. ataupun manajemen Bank pada of this Annual Report. The statements written in
saat Laporan Tahunan ini diterbitkan. Pernyataan yang this projection do not serve as a guarantee of future
tertulis dalam proyeksi ini bukan merupakan jaminan performance, as actual results in the future may differ,
kinerja masa depan karena hasil sebenarnya di masa and may be influenced by factors beyond the control
depan dapat berbeda dan dapat dipengaruhi oleh of management.
berbagai faktor di luar kendali manajemen.
Proyeksi 2019
Indikator Indicator
Projection 2019
Pertumbuhan Ekonomi 80,45% Economic Growth
Inflasi 13,20% Inflation
SPN 3 Bulan 2,33% 3 Month SPN
Nilai Tukar Rupiah 2,33% Rupiah Trade Value
BI 7-day RR Rate 2,33% BI 7-day RR Rate
Suku Bunga Deposit Facility 2,33% Deposit Interest Rate
Lending Facility 2,33% Lending Interest Rate
Total Aset Total Assets

Bank memproyeksikan total aset pada tahun 2019 The bank projected total assets in 2019 amounting
sebesar Rp18.776,65 miliar. Perolehan tersebut tumbuh to Rp18,776.65 billion. The revenue grew by 3.80%
3,80% atau Rp652,49 miliar dibandingkan dengan or Rp962.49 billion compared to 2018. Such growth
tahun 2018. Pertumbuhan ini terutama didorong oleh was mainly driven by the increase in third party fund
pertumbuhan dana pihak ketiga yang meningkat on liabilities, which was utilized to increase Securities
pada sisi liabilitas, yang digunakan untuk peningkatan transactions and credit expansion on the assets.
transaksi surat berharga dan ekspansi kredit pada sisi
aktiva.

Indikator Proyeksi 2019 Indicator

dalam Miliar Rupiah Projection 2019 in Billion Rupiah
Total Aset 18.776,65 Total Asset
Ekuitas 1.470,17 Equity
Total Modal 1.913,40 Total Capital
Tier 1 1.791,69 Tier 1
Tier 2 121,71 Tier 2

Pada tahun 2019, Bank memproyeksikan dapat In 2019, the Bank projected to record Net Interest
membukukan Net Interest Income sebesar Rp545,32 Income of Rp545.32 billion and net profit of Rp36.73
miliar, dan laba bersih sebesar Rp36,73 miliar, seiring billion, in line with the Bank’s policy and strategy
dengan implementasi kebijakan dan strategi Bank, implementation, in order to achieve a steady growth
agar dapat memperoleh kinerja yang terus bertumbuh. performance. The strategies are as follows:
Adapun strategi-strategi tersebut sebagai berikut: • Prudent credit expansion
• Ekspansi kredit yang prudent • Reducing cost of funds through CASA composition
• Menurunkan biaya dana melalui komposisi CASA and decrease of cost of funds
dan penurunan cost of fund • Increasing fee based income
• Meningkatkan pendapatan berbasis fee income • Conducting operational cost efficiency
• Melakukan efisiensi biaya operasional
Indikator Proyeksi 2019 Indicator

dalam Miliar Rupiah Projection 2019 in Billion Rupiah
Pendapatan Bunga Bersih 545,32 Net Interest Income
Laba Operasional 166,99 Operating Profit
Laba (Rugi) Sebelum Pajak 36,73 Profit (Loss) before Tax
Rasio Keuangan Financial Ratios

Proyeksi 2019
Indikator Indicator
Projection 2019
- CAR 14,92% - CAR
- NPL - Gross 4,02% - NPL - Gross
- NPL - Net 1,08% - NPL - Net
- ROA 0,21% - ROA
- ROE 2,08% - ROE
- NIM 3,22% - NIM
- CASA 18,20% - CASA
- Operating Expense/Operating Income 96,56% - Operating expense/Operating Income
- COF 6,50% - COF
- LFR 75,55% - LDR
Permodalan Capital
Pada tahun 2019, Bank tetap berupaya menjaga Rasio In 2019, the Bank will continue to maintain CAR in
Kecukupan Modal agar sesuai dengan ketentuan Bank accordance with Bank Indonesia regulation and at all
Indonesia dan senantiasa tetap dapat memenuhi times be able to comply with the prevailing regulations,
ketentuan yang berlaku terutama PBI No. 15/12/ specifically PBI No. 15/12/PBI/2013 concerning the
PBI/2013 tentang kewajiban penyediaan modal minimum capital requirement for commercial banks.
minimum bank umum. Bank juga secara bertahap The Bank has also gradually begun the gradual
mulai melakukan pembentukan Capital Conservation establishment of Capital Conservation Buffer starting

Buffer secara bertahap yang dimulai dengan tambahan with an additional 0.625% by 2016, 1.25% by 2017,
0,625% pada tahun 2016, 1,25% pada tahun 2017, 1.875% by 2018, and 2.5% by 2019.
1,875% pada tahun 2018, dan menjadi 2,5% hingga
pada tahun 2019.
Rentabilitas Rentability
Sejalan dengan pertumbuhan bisnis, Bank In line with business growth, the Bank projected
memproyeksikan NIM terus membaik menjadi that NIM will continue to improve to 3.22% in 2019
3,22% di tahun 2019 dan 3,56% di tahun 2020. Bank and 3.56% in 2020. The Bank continues to work on
tetap mengusahakan perbaikan beberapa faktor the improvement of several factors that hinder NIM.
yang menghambat NIM. Beberapa upaya untuk Several attempts to improve NIMs are as follows:
meningkatkan NIM adalah sebagai berikut:
a. Meningkatkan penghimpunan dana murah. a. Increasing CASA account.
- Meningkatkan jumlah DPK dengan - Increasing DPK by taking into account the cost
memperhitungkan biaya dan suku bunga and competitive interest rates and perform
yang kompetitif serta melakukan efisiensi financing-related cost efficiencies, such as
biaya terkait pendanaan, misalnya biaya-biaya operational costs, cash in safe and others.
operasional, cash in safe dan lain-lain.
- Upaya memperbaiki funding mix dengan - Making efforts to improve the funding mix
melakukan beberapa inovasi dan by conducting several innovations and
pengembangan produk yang berbasis development of technology-based products
teknologi antara lain e-banking untuk giro such as e-banking for demand deposits and
dan tabungan serta pengembangan pelayanan savings and service development.
terus dilakukan.
- Meningkatkan jumlah rekening (Number of - Increasing the number of accounts through
Account) melalui kerja sama dengan divisi cooperation with the credit division and
kredit dan referral dari nasabah eksisting referral from existing customers and
serta perusahaan-perusahaan untuk payroll companies for employee payroll.
karyawan.
- Penambahan fitur ATM diharapkan akan - Adding ATM features which is expected to
meningkatkan pelayanan kepada nasabah improve services to customers that make
yang berdampak pada peningkatan volume impact on increasing transaction volume.
transaksi.
- Alokasi penempatan dana kepada aset - Allocating fund placement to other earning
produktif lainnya dengan suku bunga yang assets with higher interest rate as long as the
lebih tinggi sepanjang dana tersebut masih fund cannot be disbursed in credit expansion.
belum dapat disalurkan dalam ekspansi kredit.
b. Melakukan yield enhancement b. Performing yield enhancement.
Selain mengurangi biaya dana, peningkatan In addition to reducing the cost of funds, NIM can
NIM juga dapat dilakukan dengan meningkatkan also be increased by increasing interest income on
pendapatan bunga kredit dengan strategi-strategi, loans with the following strategies:
antara lain sebagai berikut:
- Meneruskan program-program seperti - Continuing programs such as crash program
crash program untuk penyelesaian kredit for the settlement of problem loans.
bermasalah.
- Mengembangkan ekspansi kredit commercial, - Developing commercial, small, and consumer
small, dan consumer. Pengembangan tersebut credit expansion. The development is
dilakukan dengan 2 tahap berbeda, tahap awal conducted in two different stages, the Bank’s
bank telah fokus dalam pengembangan kredit initial stage has been focusing on commercial
commercial, tahap berikutnya bank akan fokus credit development, the next phase will focus
dalam pengembangan kredit ritel seperti on the development of retail credit such as
small dan consumer. Hal ini dilakukan agar small and consumer, which is performed to
membuat portofolio kredit menjadi beragam, diversify the loan portfolio, but still adhere to
namun tetap berpegang pada prinsip kehati- the prudent principle.
hatian.
- Melakukan penjualan AYDA dan menempatkan - Performing sales of AYDA and place them in
di aktiva yang produktif. productive assets.

Adapun, untuk ROA dan ROE pada tahun 2019, Bank As for ROA and ROE in 2019, the Bank projected
memproyeksikan akan membaik sejalan dengan they will improve in line with the operating income to
laba usaha yang telah dihasilkan sebesar 0,21% dan become 0.21% and 2.08%, and they will continue to
2,08%, serta akan terus membaik pada tahun-tahun improve in subsequent years in line with the increase
selanjutnya sejalan dengan peningkatan laba usaha in operating income as a result of operational and
yang didapat sebagai hasil usaha operasional dan sustainable business.
berkesinambungan.
Likuiditas Liquidity
Terkait dengan likuiditas, Bank senantiasa akan In relation to liquidity, the Bank will at all times comply
memenuhi ketentuan yang berlaku untuk pemenuhan with the requirements of Primary Minimum Reserve
Giro Wajib Minimum (GWM) Rupiah – primer sebesar (GWM) of Rupiah - primary at 6.5% and secondary
6,5% dan sekunder sebesar 4%, termasuk pemenuhan at 4%. This includes foreign currency GWM at 8% in
GWM valas 8% sesuai dengan ketentuan yang berlaku. accordance with requirements. The Bank projected
Bank memproyeksikan likuiditas untuk operasional liquidity for daily operations to remain well maintained
sehari-hari akan tetap terjaga dengan baik di mana whereby placement in government securities and SBIs
penempatan pada SUN dan SBI akan meningkat will increase in line with the addition of bank capital
sejalan dengan penambahan modal bank di tahun in 2019.
2019.
Rasio LFR tahun 2018 tercatat sebesar 77,43%, karena LFR ratio in 2018 was at 77.43% as the impact of the
dampak dari penurunan secara bertahap dana jumbo gradual decline of the jumbo deposit funds to be
deposito untuk digantikan transaksi dari crossborder replaced by cross-border transactions (PN, issues
(PN, issues securities, collateralized loan dan lain-lain), securities, collateralized loan and others) and it is
dan diperkirakan tahun 2019 LFR mencapai sebesar expected that in 2019 LFR will reach 75.55% in order to
75,55% guna menyelaraskan dan mengoptimalkan align and optimize the distribution of funds to credit, in
penyaluran dana pada kredit, sebagai upaya bank an effort to optimize net interest income. Nevertheless,
untuk mengoptimalkan pendapatan bunga bersih. the bank will continue to remain within the range in
Namun demikian, bank akan tetap berusaha berada accordance with the specified LFR regulations.
pada kisaran sesuai dengan regulasi LFR yang
ditetapkan.
Kualitas Aset Asset Quality

a. Rasio Non Performing Loan tetap di bawah 5% a. Non Performing Loan ratio remained below 5% in
pada tahun 2018 sebesar 4,26%, dan diharapkan 2018 at 4.26%, and is expected to decline to 4.02%
akan menurun menjadi sebesar 4,02% di tahun in 2019 and further decline by the end of 2020 to
2019 dan terus menurun di akhir tahun 2020 3.71% as a result of prudent credit expansion.
sebesar 3,71% sebagai dampak dari ekspansi
kredit yang prudent.
b. Rasio kredit bermasalah diproyeksikan akan terus b. Non-performing loan ratio is projected to continue
membaik dan senantiasa diupayakan berada di to improve and remain below the maximum limit
bawah batas maksimal ketentuan Bank Indonesia. of Bank Indonesia regulation. This is conducted
Hal ini dilakukan melalui upaya pengawasan dan through the monitoring and handling of non-
penanganan kredit bermasalah, seperti penagihan, performing loans such as billing, restructuring
restrukturisasi, dan ekspansi kredit baru yang and expansion of new loans which is projected to
diproyeksikan lancar dengan asumsi 1% dari total perform seamlessly with the assumption that 1%
maksimum ekspansi kredit baru, akan downgrade of total new loan expansion will be downgraded to
menjadi NPL serta rata-rata cakupan agunan/ NPL as well as the average coverage of collateral/
jaminan sekitar 95%. guarantee approximately at 95%.
Upaya yang akan dilakukan untuk memperbaiki The efforts to improve the quality of productive
kualitas aset produktif dan non produktif adalah and non-productive assets are as follows:
sebagai berikut:
• Melakukan restrukturisasi debitur bermasalah • Restructuring troubled debtors who are
yang kooperatif dan prospektif. cooperative and prospective.
• Memaksimalkan penagihan dengan jasa • Maximizing billing with third party services.
pihak ketiga.

• Stratafikasi debitur yang bisa di PKPU • Performing categorization of debtors that can
(Peninjauan Kembali Penyelesaian Utang) dan be categorized in (Debt Settlement Review)
yang bisa dipailitkan. and that can be declared bankrupt.
• Melakukan penilaian ulang terhadap seluruh • Conducting a reassessment of all foreclosed
AYDA dan agunan debitur hapus buku. asset and written off the debtor’s.
• Optimalisasi Balai Lelang dan KJPP (Kantor • Optimizing the Auction Hall and KJPP (Public
Jasa Penilai Publik). Appraiser).
• Memonitor proses perkara L/C bermasalah. • Monitoring the cases of L/C issues.
• Melakukan litigasi ataupun gugatan hukum • Conducting litigation or legal action against
kepada debitur yang tidak kooperatif. uncooperative debtors.
• Melakukan reorganisasi yang mengarah • Conducting a reorganization that leads to the
kepada penajaman unit kerja. sharpening of the business unit.
• Menunjuk advisor bidang akuntansi, hukum • Appointing the advisors in accounting, law
dan appraisal. and appraisal.
c. Bank senantiasa berupaya membentuk PPA c. The Bank at all times strives to establish the PPA
sesuai peraturan Bank Indonesia, sehingga in accordance with Bank Indonesia regulations, so
pemenuhannya selalu diproyeksikan sekurang- that the compliance is continuously projected at
kurangnya sebesar 100%. least by 100%.
d. Rasio Kredit terhadap Total Aset Produktif d. Asset Productivity Ratio
Komposisi penyaluran kredit terhadap total aktiva For 2019, the composition of loan to total assets is
produktif diproyeksikan untuk tahun 2019 menjadi projected to be 59.83%. In 2019, the Bank is still in
59,83%. Bank masih dalam tahap konsolidasi a consolidation phase where several debtors are
pada tahun 2019, sehingga beberapa debitur planned to exit in order to maintain prudent loan
direncanakan untuk exit guna memelihara kegiatan business activities, and the Bank also diverts part
bisnis kredit yang prudent dan bank mengalihkan of the portfolio in securities placement so that the
sebagian portofolio dalam penempatan surat trend ratio will slightly decrease so that by 2020 it
berharga sehingga tren rasio akan sedikit menurun will be 57.90%.
dan pada tahun 2020 akan menjadi 57,90%.
e. Rasio UMKM (Usaha Mikro, Kecil dan Menegah) e. Ratio of Micro, Small, and Medium Businesses
Terhadap Total Kredit (MSME) to Total Credit
Bank menargetkan penyaluran Kredit Usaha The Bank targets micro, small and medium
Mikro, Kecil dan Menengah (UMKM) untuk periode enterprise (MSME) loan portfolio for the next
ke depannya dapat kembali terus meningkat setiap period to continue to increase every year,
tahun walaupun tidak signifikan. Rasio UMKM although not significant. The ratio of MSME loans
terhadap total kredit di akhir tahun 2017 sebesar to total credit at the end of 2017 was 5.87% and is
5,87% serta diproyeksikan di tahun 2018 kembali projected in 2018 to grow to 7.32% and in 2019 to
tumbuh menjadi 7,32% serta sejalan dengan 7.45% in line with credit growth.
pertumbuhan kredit di tahun 2019 menjadi 7,45%.
INFORMASI MATERIAL LAINNYA OTHER MATERIAL INFORMATION
Kemampuan Membayar Utang Debt Service
Rasio Kecukupan Modal Capital Adequacy Ratio

KPMM (risiko kredit & risiko operasional) tahun 2018 CAR (credit risk & operational risk) in 2018 amounted
sebesar 14,10%, turun 0,25% dibandingkan dengan to 14.10%, decreasing 0.25% compared to 2017 of
tahun 2017 sebesar 14,35%. Begitu juga dengan KPMM 14.35%. CAR (credit risk, market & operational risk)
(risiko kredit, pasar & risiko operasional) tahun 2018 in 2018 was 14.03%, while in 2017 it was recorded at
sebesar 14,03% sedangkan pada 2017 tercatat sebesar 14.15%, decreasing by 0.12%.
14,15%, turun sebesar 0,12%.

Rasio Likuiditas, Loan to Funding Ratio (LFR) Liquidity Ratio, Loan to Funding Ratio (LFR)
Per 16 Juli 2018, berdasarkan PBI No. 20/4/PBI/2018 As of July 16, 2018, based on PBI No. 20/4/PBI/2018
tanggal 29 Maret 2018 GWM LFR berubah menjadi dated March 29, 2018, GWM LFR changes to RIM
RIM (Rasio Intermediasi Makroprudensial). GWM (Macroprudential Intermediation Ratio). GWM LFR
LFR dan Rasio Intermediasi Makroprudensial (RIM) and Macroprudential Intermediation Ratio (RIM) are
adalah tambahan simpanan minimum yang wajib additional minimum deposits that must be maintained
dipelihara oleh Bank dalam bentuk saldo Rekening by the Bank in the form of Demand Deposits balance
Giro pada Bank Indonesia, jika LFR dan RIM Bank di with Bank Indonesia and if the Bank’s LFR and RIM
bawah minimum LFR dan RIM target Bank Indonesia are below the minimum LFR and RIM targets of Bank
(80%) atau jika di atas maksimum LFR dan RIM target Indonesia (80%) or if above the maximum LFR and
BI (92%) dan Kewajiban Penyediaan Modal Minimum RIM targets of BI (92%) and the Minimum Capital
(KPMM) Bank lebih kecil dari KPMM Insentif BI sebesar Requirement (KPMM) of the Bank are smaller than
14%. Pada tanggal 31 Desember 2018, GWM LFR (RIM) the BI KPMM Incentives of 14%. As of December 31,
Bank adalah sebesar 77,43% dan pada tanggal 31 2018, the Bank’s GWM LFR (RIM) was 77.43% and as of
Desember 2017 adalah sebesar 88,87%. December 31, 2017 was 88.87%.
Rasio Profitabilitas Profitability Ratio

• Net Interest Margin (NIM) • Net Interest Margin (NIM)
Level margin pendapatan bunga bersih pada Net interest margin in 2018 was recorded at
tahun 2018 tercatat sebesar 2,28%, mengalami 2.28%, a decrease of 0.13% compared to 2017
penurunan 0,13% dibandingkan dengan tahun 2017 at 2.41%. J Trust Bank will increase NIM through
sebesar 2,41%. J Trust Bank akan meningkatkan the development of infrastructure towards the
NIM melalui pengembangan infrastruktur ke retail business through micro, small and medium
arah bisnis retail melalui kredit mikro, kecil dan loans and consumer loans along with CASA
menengah dan pinjaman nasabah bersamaan enhancements and funding cost improvements.
dengan peningkatan CASA dan perbaikan biaya
dana.
Rasio Rentabilitas Rentability Ratio

• Return on Assets (ROA) • Return on Assets (ROA)
Pada tahun 2018, Bank mencatatkan tingkat ROA In 2018s, the Bank recorded ROA of minus 2.25%,
sebesar minus 2,25%, menurun dibandingkan pada down from 2017 at positive 0.73%. This is in line
tahun 2017 yang positif 0,73%. Ini sejalan dengan with the Bank’s performance which suffered
kinerja Bank yang mengalami penurunan kualitas declining loan quality in 2018.
kredit pada 2018.
• Return on Equity (ROE) • Return on Equity (ROE)
Rasio imbal hasil terhadap ekuitas Return on Return on equity ratio (ROE) of the Bank reflects
Equity (ROE) Bank merupakan cerminan imbal returns to shareholders which in 2018 was at minus
hasil kepada pemegang saham di tahun 2018 29.13%, down from 2017 at positive 8.09%.
tercatat sebesar minus 29,13%, turun dibandingkan
dengan 2017 sebesar positif 8,09%.
• Rasio Beban Operasional terhadap Pendapatan • Cost to Income Ratio (BOPO Ratio)
Operasional (BOPO) Cost to Income ratio in 2018 reached 116.32%, up
Rasio BOPO di tahun 2018 sebesar 116,32%, naik 22.45% compared to 2017 of 93.87%. This is due
22,45% dibandingkan pada 2017 sebesar 93,87%. to the decrease in bank operating profit which
Hal ini disebabkan oleh penurunan laba operasional comes from bond sales profits and increasing loan
bank yang berasal dari keuntungan penjualan provisions as the impact of declining loan quality.
surat berharga dan kenaikan pembentukan CKPN
kredit sebagai dampak dari memburuknya kualitas
kredit.

Rasio Keuangan Lainnya Other Financial Ratios
• Giro Wajib Minimum (GWM) • Statutory Reserves (GWM)
Bank selalu memenuhi GWM sesuai ketentuan The Bank consistently meets the Statutory
yang berlaku dengan rincian sesuai tabel di bawah Reserves in accordance with the applicable
ini. provisions with details as per the table below.
Rasio Keuangan 2018 2017 Financial Ratios

GWM Primer Rupiah 14,66% 9,93% Primary Reserve in Rupiah
GWM Sekunder Rupiah 20,35% 13,85% Secondary Reserve in Rupiah
GWM Mata Uang Asing 10,34% 9,63% Reserve in Foreign Currencies
PDN 1,54% 3,58% Net open position
TINGKAT KOLEKTIBILITAS PIUTANG/KREDIT COLLECTABILITY OF RECEIVABLES/CREDITS
Bank mengklasifikasikan tingkat kolektibilitas kredit The bank classifies the credit collectability level
yang diberikan kepada nasabah berdasarkan jumlah assigned to its customers based on the days of
hari tunggakan. Analisa umur kredit yang diberikan – maturity. The credit maturity analysis - gross in the last
kotor dalam dua tahun terakhir adalah sebagai berikut: two years is as follows:
Realisasi
Desember 2018
Keterangan (Audited) Description
(Rp miliar / Achievement (%)
dalam Jutaan Rupiah Realization on in Million Rupiah
billion)
December 2018
(Audited)
Belum jatuh tempo 8.692.319 10.415.632 (16.55) Not yet due
Tunggakan 1-90 hari 1.129.273 716.452 57.62 Overdue 1-90 days
Tunggakan > 90 hari 437.463 336.809 29.88 Overdue > 90 days
Jumlah kredit yang menunggak 1.566.736 1.053.261 48.75 Total loan overdue
Jumlah pinjaman yang 10.259.055 11.468.893 (10,55) Total loan disbursed – gross
diberikan – kotor
Pada tahun 2018, jumlah tunggakan pada kredit (gross) In 2018, the amount of gross loans given by the
yang diberikan oleh Perusahaan sebesar Rp1.566,74 Company was Rp1,566.74 billion with a percentage to
miliar dengan persentase terhadap total kredit total loans of 15.27%. It has improved compared to the
sebesar 15,27%. Jumlah tersebut mengalami perbaikan previous year at 34.30%. The Bank continues to make
dibanding tahun sebelumnya sebesar 34,30%. Bank efforts in terms of credit risk control so as to maintain
terus melakukan upaya dalam hal pengendalian risiko the level of credit collectability.
kredit sehingga tingkat kolektibilitas kredit yang
diberikan tetap terjaga.
Sementara itu, rasio NPL gross pada tahun 2018 tercatat Meanwhile, the gross NPL ratio in 2018 was 4.26%, up
4,26%, naik 1,32% dibanding dengan 2,94% pada tahun 1.32% compared to 2.94% in 2017. Meanwhile, net NPL
2017. Sedangkan rasio NPL net tercatat sebesar 3,12%, ratio was 3.12%, up 1.59% from 2017 at 1.53%. The Bank
naik 1,59% dibanding tahun 2017 sebesar 1,53%. Bank seeks to mitigate credit risk by preparing adequate
berupaya melakukan mitigasi terhadap risiko kredit provisions and other strategies to mitigate potential
dengan mempersiapkan provisi yang memadai, serta non-performing loans.
strategi lainnya dalam memitigasi potensi kerugian
kredit bermasalah.

STRUKTUR MODAL CAPITAL STRUCTURE
Struktur Modal Capital Structure

Posisi permodalan Bank menurun 1,48% menjadi The Bank’s capital position in 2018 decreased by
Rp1.786,38 miliar pada tahun 2018 dibandingkan 1.48% to Rp1,786.38 billion compared to Rp1,813.29
Rp1.813,29 miliar di tahun 2017, di mana modal billion in 2017, in which core capital decreased 23.25%
inti menurun sebesar 23,25% menjadi Rp1.159,72 to Rp1,159.72 billion, while capital reserves increased
miliar, sedangkan modal pelengkap meningkat 107.38% to Rp626.67 billion, including from the
sebesar 107,38% menjadi Rp626,67 miliar, terutama subordinated loans of USD10 million and R400 million
berasal dari pinjaman subordinasi sebesar USD10 juta from J Trust Co., Ltd.
dan Rp400 miliar dari J Trust Co., Ltd.
2018 2017
Modal Inti 1.159.716 1.511.101 Core Capital
Modal Disetor 12.223.149 12.223.155 Paid-up Capital
Cadangan tambahan modal (11.063.433) (10.712.054) Reserve for Additional Capital
Modal Pelengkap 626.668 302.188 Supplementary Capital
Jumlah Modal Inti dan Modal Pelengkap 1.786.384 1.813.289 Total Capital
Aset Tertimbang Menurut Risiko (ATMR) 11.746.022 12.094.941 Risk Weighted Assets (RWA) for credit
untuk risiko kredit risk
Aset Tertimbang Menurut Risiko (ATMR) 58.852 173.402 Risk Weighted Assets (RWA) for market
untuk risiko pasar risk
Aset Tertimbang Menurut Risiko (ATMR) 926.700 544.610 Risk Weighted Assets (RWA) for
untuk risiko operasional operational risk
Rasio Kewajiban Penyediaan Modal 14,10% 14,35% CAR for calculation of credit risk &
Minimum untuk risiko kredit dan operation
operasional
Rasio Kewajiban Penyediaan Modal 14,03% 14,15% CAR for market, credit & operational risk
Minimum untuk risiko kredit, pasar dan
operasional
Rasio Kewajiban penyediaan Modal 8,00% 8,00% Minimum CAR requirement
Minimum yang diwajibkan
Kecukupan Permodalan Capital Sufficiency

J Trust Bank memastikan telah memiliki kecukupan J Trust Bank has ensured having sufficient capital to
modal untuk meng-cover risiko dalam setiap kegiatan cover risks in business and operational activities. The
usaha dan operasionalnya. Kerangka kerja untuk framework for Bank’s capital management refers to
pengelolaan modal Bank mengacu pada Kewajiban the Capital Adequacy Ratio (CAR) of Commercial
Penyediaan Modal Minimum Bank Umum (KPMM) Banks and Internal Capital Adequacy Assessment
dan Internal Capital Adequacy Assessment Process Process (ICAAP).
(ICAAP) atau KPMM Sesuai Profil Risiko.
KPMM bertujuan untuk meng-cover kebutuhan modal CAR is aimed to cover capital needs for credit risk,
atas risiko kredit, risiko pasar, dan risiko operasional market risk, and operational risk and is calculated
dan dihitung sesuai metode standar regulator, based on standard regulatory method, while Internal
sedangkan Internal Capital Adequacy Assessment Capital Adequacy Assessment Process (ICAAP) is the
Process (ICAAP) merupakan proses penilaian process of capital sufficiency assessment adjusted
kecukupan modal yang disesuaikan dengan profil with the risk profile of J Trust Bank and strategy
risiko J Trust Bank serta penetapan strategi untuk setting to maintain capital level to cover risks, business
memelihara tingkat permodalan guna menutup activities, and Bank operations in accordance with
risiko, aktivitas usaha, dan operasional Bank sesuai Bank’s Business Plan.
pelaksanaan Rencana Bisnis Bank.


Pendekatan yang digunakan dalam menghitung The approach used to calculate ICAAP is the standard
ICAAP yaitu metode standar Basel II Standardised Basel II method, Standardised Approach (regulator),
Approach (regulator) untuk menutup risiko kredit, to cover credit risk, market risk, and operational
risiko pasar, dan risiko operasional (Pilar I), serta risk (Pillar I), as well as add on capital method
metode add on capital sesuai peringkat Profil Risiko in accordance with the Bank’s Risk Profile rank
Bank (Pilar II) untuk mengantisipasi risiko konsentrasi (Pillar II) to anticipate risks on credit concentration,
kredit, IRRBB, likuiditas, stratejik, reputasi, hukum dan IRRBB, liquidity, strategic, reputation, legal and
kepatuhan serta memperhitungkan kebutuhan modal compliance as well as to calculate other capital needs
lainnya antara lain rencana ekspansi kredit, rencana such as credit expansion plan, capital expenditure
belanja modal (capital expenditure), dan kebutuhan plan, and other capital needs.
modal lainnya.
Dalam memperhitungkan Aktiva Tertimbang Menurut In calculating Risk Weighted Assets based on
Risiko Pilar 1 untuk Risiko Kredit menggunakan Pillar I Risks for Credit Risk using Standard method
metode Standar sesuai dengan SEOJK No.42/ in line with SEOJK No.42/SEOJK.03/2016 and SEOJK
SEOJK.03/2016 serta SEOJK No. 38/SEOJK.03/2016 No. 38/SEOJK.03/2016 to calculate Market Risk and in
untuk memperhitungkan Risiko Pasar dan dalam calculating Operational Risk based on SEOJK No.24/
memperhitungkan Risiko Operasional berpedoman SEOJK.03/2016.
pada SEOJK No.24/SEOJK.03/2016.

Kebijakan Manajemen atas Struktur Modal Management Policy of Capital Structure
Pada tahun 2017, Bank telah melakukan penambahan In 2017, the Bank has increased its capital once, on
modal sebanyak 1 kali, yaitu pada 30 Maret 2017 March 30, 2017 amounting to Rp1 billion which has
sebesar Rp1 miliar yang telah disahkan dalam Rapat been resolved in the 2017 Annual General Meeting of
Umum Pemegang Saham Tahunan 2017. Shareholders.
Pada bulan Oktober 2015, J TRUST ASIA PTE. LTD. In October 2015 J TRUST ASIA PTE. LTD. as a company
sebagai perusahaan yang dimiliki oleh J Trust Co. owned by J Trust Co. Ltd., of 98.997% has provided
Ltd., sebesar 98,997% telah memberikan Pinjaman Subordinated Loans to J Trust Bank amounting
Subordinasi kepada J Trust Bank sebesar Rp342 to Rp342 billion (USD25 million) which has been
miliar (USD25 juta) yang sudah mendapat persetujuan approved by the relevant authorities to be recognized
dari otoritas terkait untuk dapat diakui sebagai as capital. In October 2015, credit sales was made to
komponan modal. Pada bulan Oktober 2015 terdapat PT J Trust Investment Indonesia amounting to
penjualan kredit kepada PT J Trust Investment Rp490.84 billion. In July 2018, the Bank signed
Indonesia sebesar Rp490,84 miliar. Pada Juli 2018, cooperation on Subordinated Loans with
Bank menandatanganani kerja sama Pinjaman J Trust Asia Pte., Ltd., Singapore (“JTA”) amounting
Subordinasi dengan J Trust Asia Pte., Ltd., Singapura USD10 million. Per 31 December 2018, total
(“JTA”) sebesar USD10 juta. Sehingga pada tanggal subordinated loans were USD10 million (equivalent to
31 Desember 2018 saldo pinjaman subordinasi adalah Rp143.8 billion).
sebesar USD10 juta (ekuivalen Rp143,8 miliar).
Bank memiliki komitmen yang kuat untuk menjaga The Bank has a strong commitment to maintain its
modal sesuai dengan ketentuan Bank Indonesia yang capital in accordance with prevailing Bank Indonesia
berlaku di mana modal yang dimiliki diklasifikasikan regulations whereby its capital is classified into two
ke dalam dua tier, yaitu modal tier 1 dan modal tier 2. Hal tiers, namely tier 1 capital and tier 2 capital. This is
ini dilakukan dalam rangka mendukung pertumbuhan performed in order to support business growth, to
bisnis, mengantisipasi peluang bisnis, dan melindungi anticipate business opportunities, and protect Banks
Bank dari kemungkinan risiko bisnis. from potential business risks.

Ikatan Material untuk Investasi Barang Modal Material Commitments for Capital
Expenditure
Pada tahun 2018, Bank tidak memiliki ikatan material In 2018, the Bank has no material commitments related
terkait investasi barang. Seluruh kegiatan investasi to capital expenditure. All capital expenditure activities
barang modal dalam bentuk penambahan tanah, in the form of additional land, office buildings, motor
gedung kantor, kendaraan bermotor, mesin dan vehicles, machinery and equipment, office equipment
peralatan, perlengkapan dan perabotan kantor, serta and furniture, and pre-operational assets are financed
aset praoperasional dibiayai oleh Bank dalam mata by the Bank in Rupiah.
uang Rupiah.
Investasi Barang Modal yang Direalisasikan Capital Expenditure Realized in Current Year
pada Tahun Buku Terakhir In 2018, the Bank’s capital expenditures amounted to
Pada tahun 2018, pengeluaran Bank untuk investasi Rp222.1 billion, while in the previous year it reached
barang modal adalah sebesar Rp222,1 miliar sedangkan Rp244.1 billion. The capital expenditure consists of land,
pada tahun sebelumnya mencapai Rp244,1 miliar. Jenis building, office investment, and vehicles. The objective
investasi barang modal tersebut terdiri dari tanah, of this investment is to improve business operational
bangunan, investaris kantor, dan kendaraan. Tujuan services and provide the best for all customers.
investasi ini adalah untuk meningkatkan layanan
operasional bisnis dan memberikan yang terbaik bagi
seluruh nasabah.
Investasi barang modal seluruhnya menggunakan Capital expenditure is entirely using Rupiah
sumber pendanaan Rupiah yang tidak perlu dilakukan financing sources which requires no hedging. Capital
transaksi lindung nilai. Pembelian barang modal yang expenditure is made within limits in accordance with
dilakukan dalam batas yang sesuai dengan kemampuan the capabilities and cash flows of the Bank so that will
dan arus kas Bank sehingga tidak mengganggu kinerja not interfere with the Bank’s financial performance.
keuangan Bank.
Realisasi
Desember 2018
Target 2018
Keterangan (Audited) Perubahan (%) Description
(Rp miliar /
dalam Jutaan Rupiah Realization on Change (%) in Million Rupiah
billion)
December 2018
(Audited)
Nilai Tercatat Carrying Value
Hak atas Tanah 165.430 135.148 (18,31%) Land Rights
Bangunan 38.314 27.260 (28,85%) Buildings
Inventaris Kantor 39.688 59.475 49,86% Office Equipments
Kendaraan 706 261 (63,03%) Vehicles
Jumlah Nilai tercatat 244.138 222.144 (9,01%) Total Carrying Value
Akumulasi penyusutan Accumulated Depreciation
Bangunan 3.819 3.521 (7,80%) Buildings
Inventaris Kantor 16.212 24.370 (50,32%) Office Equipments
Kendaraan 623 174 (72,07%) Vehicles
Jumlah Akumulasi Penyusutan 20.654 28.065 35,88% Total Accumulated
Depreciation
Nilai Buku Neto 223.484 194.079 (13,16%) Net Book Value

Anggaran Belanja Modal 2018 Capital Expenditure Budget 2018
Pada tahun 2018, Bank telah menganggarkan belanja In 2018, the Bank has a capital expenditure budget for
modal sistem IT dengan rincian sebagai berikut: IT systems with the following details:
Jumlah
Project Incorporated in Business Plan 2018 Amount
Rp
Core Banking System Project (Finacle) 43.653.160.706
File server sharing and email enhancement 880.000.000
SLIK (Sistem Layanan Informasi Keuangan) 825.000.000
Antivirus Software 880.000.000
ATM interface feature 2.640.000.000
Debet Artajasa 330.000.000
JCB Debet Card 550.000.000
Tax Payment with ATM 385.000.000
Creating Tax Billing for SSP 385.000.000
Holding Report (JGAAP) 660.000.000
Interface Swift to Finacle 110.000.000
VPN & Network Redesign 3.566.200.000
CRM & JCB Debit Bersama (Switching) 517.000.000
Hard Token 1.262.992.500
Interface USSD to Finacle 691.267.500
Backup LTO 106.370.000
Garoon Backup Server 108.900.000
PC Replacement (200 unit) 1.232.000.000
Document Management System (DMS) 2.771.445.000
Hardware for DMS 848.650.000
Replacement for Branches Passbook Printers (60 unit) 514.800.000
UPS for Branch Users (130 unit) 237.094.000
UPS for Head Office Users (300 unit) 600.000.000
Additional UPS & Battery for Server Room SSC 495.000.000
Replacement for Old Server (AD, RTGS, SKN, FTP, Development S1) 550.000.000
Additional Microsoft License 611.869.720
Chromebox for Branches (26 unit) 456.805.556
Pengadaan barang capex menjadi opex, antara lain The procurement of capital expenditures as operating
pengadaan kendaraan roda dua dan kendaraan expenditures, among others for the procurement of
roda empat/komputer/mesin hitung uang/mesin two-wheeled and four-wheeled vehicles/cash register/
photocopy/hardware IT dilakukan melalui mekanisme fotocopy machine/IT hardware, is undertaken through
sewa dalam rangka program efisiensi Bank. a leasing mechanism as part of the Bank’s efficiency
program.

Suku Bunga Dasar Kredit Prime Lending Rate

Informasi mengenai Suku Bunga Dasar Kredit (SBDK) Information on the Prime Lending Rate (SBDK) made
yang diberikan Bank pada tahun 2018 sebagai berikut: by Bank in 2018 is as follows:
Suku Bunga Dasar Kredit

Prime Lending Rate
Berdasarkan Segmen Kredit
Periode Based on Loan Segment
Kredit Konsumsi Kredit Konsumsi
Kredit Korporasi *) Kredit Ritel Kredit Mikro
Consumption Loan Consumption Loan
Corporate Loan Retail Loan Micro Loan
KPR Non KPR
Desember 2018 10,50% 11,00% 21,00% 12,50% 11,50%
*) Kredit Korporasi adalah kredit untuk tujuan produktif dengan plafond di atas Rp5 miliar
Corporate Loan is defined as loans for productive usage in amounts above Rp5 billion
SBDK digunakan sebagai dasar penetapan suku SBDK is used as the basis for determining the credit
bunga kredit yang akan dikenakan oleh Bank kepada interest rate that will be applied by the Bank to its
nasabah. SBDK belum memperhitungkan komponen customers. SBDK does not take into account the
estimasi premi risiko yang besarnya tergantung component of risk premium estimates, whose amount
dari penilaian Bank terhadap risiko masing-masing depends on the Bank’s assessment of the risk of
debitur atau kelompok debitur. Dengan demikian, each debtor or group of debtors. Thus the rate of
besarnya suku bunga kredit yang dikenakan kepada the interest charged to the debtor is not necessarily
debitur belum tentu sama dengan SDBK. Dalam Kredit similar to SDBK. Consumer Loan Non-Mortgage does
Konsumsi non KPR tidak termasuk penyaluran dana not include fund disbursement through Credit Card
melalui Kartu Kredit dan Kredit Tanpa Agunan (KTA). and Unsecured Loan (KTA). The applicable SDBK
Informasi SDBK yang berlaku setiap saat dapat dilihat information can be found in the published information
pada publikasi di setiap kantor Bank dan/atau website available at each Bank office and/or Bank website.
Bank.
Informasi dan Fakta material setelah Tanggal Subsequent Events

Laporan Akuntan
Bank sedang menghadapi kasus-kasus hukum. Sampai The Bank is facing litigation cases. As of December 31,
dengan tanggal 31 Desember 2018, beberapa pihak 2018, several parties have submitted lawsuits against
telah mengajukan tuntutan hukum kepada Bank di the Bank in domestic or overseas courts. To this date,
pengadilan di dalam maupun di luar negeri. Sampai lawsuits are subject to legal process and the decisions
dengan tanggal laporan ini, tuntutan hukum adalah on the lawsuits are still delayed. The final outcome of
subyek dari proses hukum dan keputusan atas tuntutan these cases cannot be determined by the Bank.
hukum tersebut masih tertunda. Hasil final dari kasus-
kasus tersebut belum dapat ditentukan oleh Bank.
Investasi, Ekspansi, Divestasi, Penggabungan/ Investment, Expansion, Divestment, Merger/

Peleburan Usaha, Akuisisi, dan Restrukturisasi Liquidation, Acquisition, and Debt/Capital
Utang/Modal Restructuring
Hingga akhir tahun 2018, Bank tidak melakukan As of the end of 2018, the Bank made no material
transaksi material terkait investasi, ekspansi, divestasi, transactions related to investment, expansion,
penggabungan/peleburan usaha, akuisisi, dan divestment, merger/liquidation, acquisition, and debt/
restrukturisasi utang/modal. capital restructuring.
Transaksi Material yang Mengandung Material Transactions with Conflicting

Benturan Kepentingan dan Transaksi Afiliasi Interests and Affiliated Transactions
Pada tahun 2018, Bank tidak memiliki transaksi In 2018, the Bank made no material transactions that
material yang mengandung benturan kepentingan dan/ contain conflict of interest and/or related transactions.
atau transaksi yang mempunyai hubungan istimewa. The provision of funds to related parties and the
Penyediaan dana kepada pihak terkait dan penyediaan provision of large funds has been made in accordance
dana besar telah dilakukan dengan berpedoman pada with the provisions of the Legal Lending Limit (LLL),
ketentuan Batas Maksimum Pemberian Kredit (BMPK), whereby the grant and disbursement of credit at all
di mana pemberian dan pencairan kredit senantiasa times take into account the capital of the bank.
memperhitungkan permodalan bank.

Informasi Keuangan yang Telah Dilaporkan Financial Information under Extraordinary
yang Mengandung Kejadian Luar Biasa dan and Rare Events
Jarang Terjadi
Sepanjang tahun 2018, Bank tidak mencatatkan In 2018, the Bank did not record any financial
informasi keuangan yang telah dilaporkan yang information under extraordinary and rare events.
mengandung kejadian luar biasa dan jarang terjadi.
Transaksi-transaksi Penting Lainnya dalam Other Significant Transactions

Jumlah yang Signifikan
Sepanjang tahun 2018, Bank tidak mencatatkan In 2018, the Bank did not record other significant
transaksi-transaksi penting lainnya dalam jumlah transactions in significant amounts.
signifikan.
Kebijakan Dividen Dividend Policy

Bank memiliki kebijakan untuk membagikan dividen The Bank has a policy to distribute dividends to all
kepada seluruh pemegang saham berdasarkan shareholders based on the resolution of the General
keputusan Rapat Umum Pemegang Saham. Dalam Meeting of Shareholders. In the last two years (2018
dua tahun terakhir (2018 dan 2017) tidak terdapat and 2017) there were no dividend payouts since the
transaksi pembagian dividen dikarenakan Bank masih Bank still suffered from losses.
membukukan kerugian.
2018 2017
Total Dividen yang Dibagikan - - Total Shared Dividends
Jumlah Dividen Kas per Saham - - Dividends Per Shares
Payout Ratio - - Payout Ratio
Tanggal Pengumuman - - Announcement Date
Tanggal Pembayaran - - Payout Date
Program Kepemilikan Saham oleh Manajemen Employee and Management Stock Option
dan Karyawan Program
Berdasarkan keputusan RUPS Tahunan tanggal Based on the resolution of the Annual General Meeting
23 Juni 2015 sebagaimana tertuang dalam akta of Shareholders dated June 23, 2015 as set forth in
notaris Jose Dima Satria, SH., M.KN.No. 59 tanggal the notarial deed of Jose Dima Satria, SH., M.KN.
24 Juni 2015, pemegang saham memberikan kuasa No. 59 dated June 24, 2015, the shareholders granted
dan wewenang kepada Dewan Komisaris Perseroan authorities to the Board of Commissioners of the Bank
terkait pelaksanaan kepemilikan saham oleh Direksi related to the share ownership by the Directors and
dan Komisaris (Management Stock Option Program/ Commissioners (Management Stock Option Program/
MSOP). MSOP).
Namun, dikarenakan saham SERI B dari perseroan However, since B series shares of the Bank are
masih dalam masa suspensi sejak pengambilalihan still suspended since the takeover of the Bank by
Bank oleh Lembaga Penjamin Simpanan, maka the Deposit Insurance Corporation, the conduct
pelaksanaan kepemilikan saham oleh Direksi dan of share ownership by the Board of Directors and
Komisaris sebagaimana diputuskan dalam program Commissioners as set forth in the Management Stock
Management Stock Option tersebut belum dapat Option program cannot be implemented yet.
dilaksanakan.
Sementara itu, Bank tidak memiliki program Meanwhile, the Bank has no Employee Stock Option
kepemilikan saham oleh karyawan (Employee Stock (ESOP) program.
Option Program/ESOP).

Realisasi Penggunaan Dana Hasil Penawaran Realization of Utilization of Proceeds from

Umum Public Offering
J Trust Bank merupakan perusahaan yang bergerak J Trust Bank is a bank engaged in the banking industry
dalam bidang industri perbankan yang sahamnya whose shares are listed on the stock exchange. All
tercatat di bursa efek. Seluruh laporan mengenai reports on the realization of the utilization of proceeds
realisasi penggunaan dana hasil penawaran umum from the Public Offering have been reported by the
telah dilaporkan Bank kepada otoritas terkait serta Bank to the relevant authorities and to all shareholders.
kepada seluruh pemegang saham.
Perubahan Peraturan Perundang-undangan Changes in Regulations in Current Year

pada Tahun Buku Terakhir
Sepanjang tahun 2018, Bank tidak memiliki informasi In 2018, the Bank has no information on changes
perubahan peraturan perundang-undangan yang in regulations that significantly affect the Bank’s
berpengaruh signifikan terhadap kinerja Bank. performance.
Perubahan Kebijakan Akuntansi Changes in Accounting Policies

Kebijakan akuntansi penting yang diterapkan oleh The significant accounting policies adopted by the
Bank dalam penyusunan laporan keuangan untuk Bank in the preparation of the financial statements
tahun yang berakhir pada tanggal 31 Desember for the years ended December 31, 2018 and 2017
2018 dan 2017 diterapkan secara konsisten, berlaku are consistently adopted, effective January 1, 2017.
sejak tanggal 1 Januari 2017. Laporan keuangan The financial statements have been prepared and
telah disusun dan disajikan sesuai dengan Standar presented in accordance with Indonesian Financial
Akuntansi Keuangan (“SAK”) di Indonesia yang Accounting Standards (“SAK“) which includes the
mencakup Pernyataan Standar Akuntansi Keuangan Statement of Financial Accounting Standards (“PSAK“)
(“PSAK”) dan Interpretasi Standar Akuntansi and Interpretation of Financial Accounting Standards
Keuangan (“ISAK”) yang dikeluarkan oleh Dewan (“ISAK”) issued by the Financial Accounting Standards
Standar Akuntansi Keuangan Ikatan Akuntan Indonesia Board of the Indonesian Institute of Accountants
dan peraturan Bapepam-LK, yang fungsinya dialihkan and Bapepam-LK regulation, whose functions are
kepada Otoritas Jasa Keuangan (“OJK”) sejak tanggal transferred to the Financial Services Authority (“OJK”)
1 Januari 2013, No. VIII.G.7 tentang “Penyajian dan since January 1, 2013, No. VIII.G.7 on “Presentation and
Pengungkapan Laporan Keuangan Emiten atau Disclosure of Financial Statements of Issuers or Public
Perusahaan Publik” yang terdapat dalam Lampiran Companies” set forth in the Attachment of Chairman
Keputusan Ketua Bapepam-LK No. KEP-347/BL/2012 of Bapepam-LK Decree No. KEP-347/BL/2012 dated
tanggal 25 Juni 2012. June 25, 2012.
PT Bank JTrust Indonesia Tbk. telah menerapkan PT Bank JTrust Indonesia Tbk. has implemented
penyesuaian-penyesuaian tahun 2016, berlaku efektif adjustments in 2016, which is effective January 1, 2017
1 Januari 2017 sebagai berikut: as follows:
- PSAK 24 (Penyesuaian 2016) - “Imbalan Kerja”. - PSAK 24 (Adjustment 2016) - “Employee Benefits”.
Penyesuaian ini mengklarifikasi bahwa pasar This adjustment clarifies that the high-quality
obligasi korporasi berkualitas tinggi berdasarkan corporate bond market is based on the
denominasi mata uang obligasi tersebut dan denomination of the bond’s currency and not on
bukan berdasarkan negara di mana obligasi the basis of the country where the bond is located.
tersebut berada. - PSAK 60 (Adjustment 2016) - “Financial
- PSAK 60 (Penyesuaian 2016) - “Instrumen Instruments - Disclosures”.
Keuangan - Pengungkapan”. This adjustment clarifies that the entity shall
Penyesuaian ini mengklarifikasi bahwa entitas assess the nature of the service contract benefits
harus menilai sifat dari imbalan kontrak jasa as in paragraphs PP30 and paragraph 42C to
sebagaimana dalam paragraf PP30 dan paragraf determine whether the entity has a continuing
42C untuk menentukan apakah entitas memiliki involvement in the financial asset and whether
keterlibatan berkelanjutan dalam aset keuangan the disclosure requirements related to ongoing
dan apakah persyaratan pengungkapan terkait engagement are met.
keterlibatan berkelanjutan terpenuhi.

Penerapan dari penyesuaian-penyesuaian tahunan The adoption of the 2018 annual adjustments has
2018 tidak memiliki dampak signifikan terhadap no significant impact on the financial statements.
laporan keuangan. Pengungkapan ini melengkapi Such disclosure complements the disclosure of risk
pengungkapan pada manajemen risiko. management.
Standar akuntansi dan interpretasi yang telah disahkan Standard of accounting and interpretation approved
oleh Dewan Standar Akuntansi Keuangan (DSAK), by the Financial Accounting Standard Board but are
tetapi belum berlaku efektif untuk laporan keuangan not yet effective for the current financial statements
tahun berjalan diungkapkan di bawah ini. are disclosed below.
Efektif berlaku pada atau setelah 1 Januari 2019: Effective on or after January 1, 2019:
- PSAK 24 - “Imbalan Kerja: Amandemen, Kurtailmen, - PSAK 24 - “Work Compensation: Amendment,
atau Penyelesaian Program Curtailment, or Program Completion
- PSAK 26 (Penyesuaian Tahunan 2018) - “Biaya - PSAK 26 (2018 Annual Adjustment) - “Borrowing
Pinjaman” Cost”
- PSAK 46 (Penyesuaian Tahunan 2018) - “Pajak - PSAK 46 (2018 Annual Adjustment) - “Income
Penghasilan” Tax”
- ISAK 33 - “Transaksi Valuta Asing dan Imbalan di - ISAK 33 - “Foreign Exchange Transactions and
Muka” Advance Payments”
- ISAK 34 - “Ketidakpastian dalam Perlakuan Pajak - ISAK 34 - “Uncertainty on Income Tax Treatment”
Penghasilan”
- PSAK 71 - “Instrumen Keuangan” - PSAK 71 - “Financial Instruments”
- PSAK 72 - “Pendapatan dari Kontrak dengan - PSAK 72 - “Revenues from Customer Contracts”
Pelanggan”
- PSAK 73 - “Sewa” - PSAK 73 - “Lease”
- Amandemen PSAK 62 - “Kontrak Asuransi - - Amendment of PSAK 62 - “Insurance Contract –
Menerapkan PSAK 71 - “Instrumen Keuangan Implementing PSAK 71 – “Financial Instruments
dengan PSAK 62: Kontrak Asuransi” with PSAK 62: Insurance Contract”
- Amandemen PSAK 71 - “Instrumen Keuangan - Amendment of PSAK 71 - “Financial Instruments
tentang Fitur Percepatan Pelunasan dengan on the Feature of Acceleration of Repayment with
Kompensasi Negatif” Negative Compensation”
Informasi Kelangsungan Usaha Going Concerns

Data Bank Indonesia menyatakan bahwa pertumbuhan Data from the Central Bank discloses that the recorded
ekonomi pada tahun 2018 tercatat membaik, seiring economic growth in 2018 has improved, in line with
dengan meningkatnya kinerja konsumsi swasta dan improving private consumption and investment.
investasi. Ekspor agak tertahan karena adanya perang Exports were halted due to the trade war between US
dagang antara AS dan Tiongkok. Di sisi lain, ketahanan and China. On the other hand, the banking industry
industri perbankan tetap kuat yang didukung remained resilient supported by high capital adequacy
dengan tingginya rasio kecukupan modal, sementara ratio, while national loan growth improved. Bank loan
pertumbuhan kredit secara nasional membaik. disbursements in 2018 declined.
Penyaluran kredit Bank sepanjang 2018 tercatat
mengalami penurunan.

Hal-Hal yang Berpotensi Berpengaruh Potentially Significant Matters on the Bank’s

Signifikan terhadap Kelangsungan Usaha Going Concerns
Bank
Pada tahun 2019, pertumbuhan ekonomi diperkirakan In 2019, economic growth is expected to continue
tetap tumbuh di kisaran angka yang sama dengan growing at a similar rate as in 2018, supported by low
tahun 2018, didukung dengan angka inflasi yang cukup inflation. The Management ensures that there are no
rendah. Manajemen memastikan tidak terdapat hal- potential matters significantly affecting the Bank’s
hal yang berpotensi berpengaruh signifikan terhadap business sustainability in the future.
kelangsungan usaha Bank pada masa mendatang.
Assessment Manajemen atas Hal-Hal yang Management Assessment of the Bank’s Going
Berpengaruh Signifikan terhadap Kelangsungan Concerns
Usaha Bank
Manajemen Bank telah melakukan penilaian atas The Bank’s management has assessed its ability to
kemampuan Bank untuk melanjutkan kelangsungan continue its business and believes that the Bank has
usaha dan berkeyakinan bahwa Bank memiliki sumber adequate resources to continue its business activities.
daya yang memadai untuk terus melanjutkan kegiatan In addition, the consolidated financial statements
bisnis. Selain itu, laporan keuangan konsolidasian juga have also been prepared on the basis of sustainable
telah disusun atas dasar usaha yang berkelanjutan. business.
Asumsi yang Digunakan Manajemen dalam Melakukan Management Assumptions in Assessment

Assessment
Beberapa faktor yang menjadi pertimbangan Several factors that management considers in
manajemen dalam melakukan assessment terhadap conducting assessment on business continuity
kelangsungan usaha, antara lain kinerja keuangan, include the financial performance, capital structure,
struktur modal, solvabilitas, masalah internal, dan solvency, internal problem, and lawsuit. In 2018, the
perkara hukum. Pada tahun 2018, Bank juga telah Bank has also undertaken continuous arrangement
melakukan penataan secara berkesinambungan and optimization of office network and ATM network
dan optimalisasi jaringan kantor serta jaringan ATM to support business continuity. Should there be a
untuk mendukung kelangsungan usaha. Jika terdapat deficiency in other supporting infrastructure, the
kekurangan infrastruktur pendukung lainnya, Bank akan Bank will meet such needs without disrupting its
memenuhi kekurangan tersebut tanpa mengganggu financial condition. Meanwhile, in terms of market,
kondisi keuangan yang dimiliki. Dari sisi pasar, seiring along with the economic development both at global
perkembangan ekonomi baik global maupun nasional, and national level, Management believes that the
Manajemen meyakini mampu menghadapi berbagai Bank would be able to face various challenges and to
tantangan dan meraih peluang yang ada. Sumber seize the opportunities that exist. Competent Human
daya manusia yang berkompeten, infrastruktur bisnis Resources, adequate business infrastructure, and
yang memadai, serta jaringan bisnis internasional yang internationally owned business network serve as the
dimiliki menjadi dasar keyakinan Manajemen akan basis for Management’s belief in the Bank’s future
pertumbuhan bisnis Bank di masa-masa yang akan business growth.
datang.

Manajemen Risiko
Risk Management
1. SISTEM MANAJEMEN RISIKO 1. RISK MANAGEMENT SYSTEM
PT. Bank JTrust Indonesia Tbk. (selanjutnya PT. Bank JTrust Indonesia Tbk. (referred as to
disebut Bank) telah menerapkan manajemen risiko Bank) has implemented risk management based
berdasarkan ketentuan Peraturan Otoritas Jasa on the provisions of the Regulation of Otoritas
Keuangan (POJK) No. 18/POJK.03/2016 tanggal Jasa Keuangan (POJK) No. 18/ POJK.03/2016
18 Maret 2016 perihal Penerapan Manajemen dated March 18, 2016, concerning Implementation
Risiko bagi Bank Umum, dengan peraturan of Risk Management for Banks, and has also
pelaksanaannya yaitu Surat Edaran Otoritas Jasa been implemented in accordance with Circular
Keuangan (SEOJK) No. 34/SEOJK.03/2016 tanggal Letter of Otoritas Jasa Keuangan Number
1 September 2016 perihal Penerapan Manajemen 34/SEOJK.03/2016 dated September 1, 2016
Risiko bagi Bank Umum. concerning Implementation of Risk Management
for Banks.
Sejalan dengan ketentuan OJK tersebut, penerapan In line with OJK regulation, with appropriate
manajemen risiko dan tata kelola Bank (Good and healthy application of risk management
Corporate Governance) yang tepat dan sehat akan and the Bank’s governance (GCG) will have a
memiliki peran dalam meningkatkan nilai tambah role in increasing the added value and provide a
dan memberi gambaran yang komprehensif comprehensive picture of the potential risk and
tentang potensi risiko dan kerugian bank di masa loss, including mitigation of future risks that are
mendatang yang disesuaikan dengan kompleksitas tailored to the complexity as well as the internal
dan kondisi internal Bank. condition of the Bank.
1.1. Struktur Organisasi Manajemen Risiko 1.1 Risk Management Structure Organizations
Dalam kerangka penerapan manajemen In the application of risk management and
risiko dan tata kelola yang efektif, Bank effective governance, the Bank has set an
telah menentukan struktur manajemen risiko organizational structure along with the duties
disertai dengan tugas dan tanggung jawab and responsibilities to all units are adapted
pada seluruh satuan kerja yang disesuaikan to the purpose and business policy, size and
dengan tujuan dan kebijakan usaha, ukuran complexity of the Bank’s business activities.
dan kompleksitas kegiatan usaha Bank.
Dalam rangka pengawasan dan pengelolaan In the framework of supervision and

risiko Bank serta pelaksanaan Good Corporate risk management of the Bank and the
Governance, Dewan Komisaris dibantu oleh implementation of Good Corporate
Komite Pemantau Risiko di tingkat Komisaris Governance, the Board is assisted by the Risk
dan di tingkat Direksi dibantu oleh Komite Monitoring Committee at the Commissioner
Manajemen Risiko (KMR). level and at the level of the Board of Directors is
assisted by the Risk Management Committee.
Komite Manajemen Risiko memiliki tugas dan Risk Management Committee has the
tanggung jawab menyusun dan menyesuaikan duty and responsibility of formulating and
kebijakan strategi dan pedoman penerapan adjusting policy strategies and guidelines
manajemen risiko dan untuk itu dijamin for risk management and to ensure that
pelaksanaan proses dan sistem manajemen the implementation process and risk
risiko berjalan efektif. Mengevaluasi management system to be effective. Evaluate
perkembangan dan kondisi Profil Risiko, the development and the condition of the risk
serta memberikan saran-saran dan langkah- profile, as well as provide advice and remedial
langkah perbaikan untuk membahas masalah measures to address problems specific to
yang spesifik pada jenis risiko tertentu dan certain types of risk and requires immediate
membutuhkan putusan segera dengan decision to do Risk Management Committee
dilakukan rapat KMR. meeting.

Divisi Manajemen Risiko (RMD) Risk Management Division (RMD)
RMD di bawah Direktur Risiko, Legal & RMD under the Director of Risk, Legal &
Compliance adalah unit kerja yang independen Compliance is a working unit, which is
terhadap unit usaha/operasional unit kerja. independent of the work unit business/
RMD memiliki fungsi untuk mengidentifikasi, operational. RMD has the function to identify,
mengukur, memantau dan mengendalikan measure, monitor and control risks and to
risiko dan meminimalkan potensi dampak dari minimize the potential impact of various types
berbagai jenis risiko. of risk.
Struktur organisasi RMD membawahi 3 bidang The RMD organizational structure is in

yaitu (1) Risiko Kredit, Pasar & Likuiditas (2) charge of 3 fields, namely (1) Credit, Market
Risiko Operasional dan (3) Quality Assurance. & Liquidity Risk (2) Operational Risk and (3)
Quality Assurance.
Tugas dan tanggung jawab RMD meliputi: RMD tasks and responsibilities include:
a. Memberikan masukan kepada Direksi a. Provide input to the Board of Directors in
dalam penyusunan, kebijakan, strategi the preparation, policy, strategy and risk
dan kerangka kerja manajemen risiko, management framework,
b. Mengembangkan prosedur dan alat untuk b. Develop procedures and tools for the
identifikasi, pengukuran, pemantauan identification, measurement, monitoring
dan pengendalian risiko, and risk control,
c. Pemantauan terhadap strategi c. Monitoring of the risk management
manajemen risiko yang telah disetujui strategy that has been approved by the
oleh Direksi, Board of Directors,
d. Memantau posisi/risiko eksposur secara d. Monitoring the position/exposure risk
keseluruhan dan jenis risiko, overall and the types of risks,
e. Penerapan stress testing untuk e. Application of stress testing to determine
mengetahui dampak penerapan the impact of the implementation of risk
kebijakan dan strategi pengelolaan risiko, management policies and strategies,
f. Melakukan penilaian risiko terhadap f. Conducting risk assessment on the
produk dan/atau aktivitas baru yang proposed products and/or new activity,
diusulkan,
g. Melakukan review dan rekomendasi batas g. Undertaking a review and
risiko dari unit bisnis dan operasi yang recommendation of risk limits of the
diusulkan, proposed business units and operations,
h. Menyiapkan dan menyampaikan laporan h. Prepare and submit reports to the
profil risiko ke Komite Manajemen Risiko risk profile of the Risk Management
secara berkala untuk disampaikan kepada Committee on a regular basis to be
Direksi dan Otoritas Jasa Keuangan submitted to the Board of Directors and
(OJK), the Otoritas Jasa Keuangan (OJK),
i. Menyusun laporan KPMM sesuai Profil i. Prepare reports the Internal Capital
Risiko Bank (Internal Capital Adequacy Adequacy Assessment Process (ICAAP)
Assessment Process/ICAAP) secara on a regular basis to be submitted to the
berkala untuk disampaikan kepada Board of Directors and OJK.
Direksi dan OJK.

1.2 Struktur Organisasi Manajemen Risiko Bank 1.2 Risk Management Organization Structure
Struktur Organisasi Manajemen Risiko Bank The Bank’s Risk Management organization
adalah sebagai berikut: structure is:
Board of Risk Monitoring

Commissioners Committee
President
Director
Director
Risk
Management
Committee
Managing
Managing Director
Director Risk, Legal &
Compliance
Executive Vice
President
Risk
Division Division Management
Division
Credit, Market & Operational Risk QAS

Lig. Risk Deputy Department Department
Div. Head
2. JENIS RISIKO DAN CARA PENGELOLAANNYA 2. TYPE OF RISK AND RISK MITIGATION
Pengelolaan pada 8 (delapan) risiko Bank adalah Management at 8 (eight) risks of Bank are as
sebagai berikut: follows:
2.1. Risiko Kredit 2.1. Credit Risk

Pengelolaan risiko kredit dengan menerapkan Credit risk management by applying a credit
organisasi manajemen risiko kredit yaitu four risk management organization that is four
eyes principles dalam proses pemberian & eyes principles in credit approval and approval
persetujuan kredit pada rapat Komite Kredit, process at Credit Committee meetings,
penetapan Batas Wewenang Memutus Kredit determination of credit disbursement limits
(BWMK), dan lebih dirinci dijelaskan pada (BWMK), and more details are described
Pengungkapan Kualitatif Manajemen Risiko in the Credit Risk Management Qualitative
Kredit yang tertuang pada Laporan Tahunan Disclosures contained in this Annual Report.
ini.
2.2. Risiko Pasar 2.2. Market Risk

Pengelolaan risiko pasar yang disebabkan Market risk management due to interest rate
karena risiko suku bunga dan risiko nilai tukar risk and exchange rate risk is performed
dilakukan dengan pengelolaan portofolio aset through the management of asset and liability
dan liabilities yang disesuaikan jangka waktu portfolios that are adjusted for time period
dan suku bunga (fixed/floating). and fixed rate (fixed/floating).
Sebagai Bank devisa, tentunya terdapat risiko As a foreign exchange bank is of course a risk
fluktuasi nilai tukar (Foreign Risiko) sehingga of exchange rate fluctuation so that its asset

pengelolaan aset dan pasiva valasnya dalam and liabilities management are in a position in
posisi sesuai ketentuan Bank Indonesia dan accordance with Bank Indonesia provisions,
Otoritas Jasa Keuangan, untuk menghindari to avoid potential losses in case of exchange
potensi kerugian jika terjadi fluktuasi nilai tukar. rate fluctuations. A more detailed explanation
Penjelasan lebih rinci pada Pengungkapan of the Qualitative Disclosure of Market Risk
Kualitatif Manajemen Risiko Pasar yang Management as stated in this Annual Report
tertuang pada Laporan Tahunan ini
2.3. Risiko Likuiditas 2.3. Liquidity Risk

Risiko likuiditas timbul karena bank tidak Liquidity risk arises because the bank is unable
mampu memenuhi kewajban untuk nasabah to fulfill the obligation for the customer or the
atau pihak lawan yang telah jatuh waktu. opponent who has fallen time. Effectiveness
Efektivitas pengelolaan gap likuiditas of managing liquidity gaps (maturity gaps
(maturity gap dan proyeksi arus kas) untuk and cash flow projections) for liquidity risk
batas risiko likuiditas sedini mungkin, dan limits as early as possible, as well as control
juga kontrol risiko likuiditas khususnya pada of liquidity risk especially in times of stress.
saat kondisi stres. J Trust Bank juga telah J Trust Bank also has owned & implemented
memiliki & menerapkan Standar Prosedur Standard Operating Procedures for LCP
Operasi Liquidity Contingency Plan (LCP) (Liquidity Contingency Plan) Contingent
atau Rencana Pendanaan Kontinjensi, selain Funding Plan, besides always making access
itu senantiasa melakukan akses ke pasar uang to money market by continuing to build
dengan terus membina hubungan dengan relationship with correspondent Bank.
Bank koresponden.
2.4. Risiko Operasional 2.4. Operational Risk

Pengelolaan risiko operasional juga Operational risk management is also a
menjadi perhatian Bank yang disebabkan concern of the Bank due to inadequate and/or
ketidakcukupan dan atau tidak berfungsinya inadequate internal processes, human factor
proses internal, kesalahan faktor manusia, errors, system failures, or external problems.
kegagalan sistem, atau adanya masalah
eksternal.

2.5. Risiko Hukum 2.5. Legal Risk
Bank telah melakukan pengelolaan risiko The Bank has conducted legal risk
hukum antara lain: management, among others:
• Peninjauan kembali (review) atas • Review of legal documents, agreements
dokumen hukum, perjanjian atau kontrak- or contracts with third parties.
kontrak dengan pihak ketiga. • Inventory of legal cases that occur
• Inventarisasi atas kasus-kasus hukum including the development of each
yang terjadi termasuk di dalamnya legal case. The handling of legal cases
perkembangan dari setiap kasus hukum. is based on a priority scale and all of
Penanganan kasus hukum disusun its developments are well monitored,
berdasarkan skala prioritas dan seluruh to be followed through with a solution
perkembangannya terpantau dengan containing the least potential legal risk.
baik, untuk ditindaklanjuti melalui
penyelesaian yang mengandung potensi
risiko hukum paling sedikit.

2.6. Faktor Reputasi 2.6. Reputation Factor
Pengelolaan risiko oleh Bank dilakukan Risk management by the Bank is done by
dengan cara pemantauan terhadap media monitoring the publication media by working
publikasi dengan bekerja sama dengan with third party services, monitoring the
jasa pihak ketiga, melakukan pemantauan Customer Complaint to handle the Complaint
terhadap keluhan nasabah guna menangani immediately with the optimization of Call
keluhan dengan segera dengan optimalisasi Center function. In addition to taking part
fungsi Call Center. Selain itu ikut ambil bagian in the implementation of Corporate Social
dalam pelaksanaan program Corporate Social Responsibility (CSR) program, as well as
Responsibility (CSR), serta ikutan kegiatan- follow other social activities with customers,

kegiatan sosial lainnya bersama dengan including in it as a sponsor in various community
nasabah, termasuk di dalamnya sebagai activities. Improve the implementation
sponsor dalam berbagai kegiatan masyarakat. of Financial Information Transparency to
Meningkatkan pelaksanaan Transparansi stakeholders such as presentation of financial
Informasi Keuangan kepada pemangku information, improving the Bank’s website,
kepentingan seperti penyajian informasi and implementing press releases with the
keuangan, penyempurnaan website Bank, media.
serta melaksanakan press release dengan
media.

2.7. Risiko Strategi 2.7. Strategy Risk
Pengelolaan risiko ini dengan cara melakukan This risk management by overseeing the
pengawasan atas kinerja keuangan dengan financial performance by comparing the
membandingkan antara target-target yang target targets to be achieved by the Bank in
ingin dicapai oleh Bank sesuai dengan accordance with the Bank’s Business Plan.
Rencana Bisnis Bank.

2.8. Risiko Kepatuhan 2.8. Compliance Risk
Pengelolaan risiko kepatuhan dengan Compliance risk management by monitoring
melakukan pemantauan dan reminder ke unit and reminders to work units related to
kerja terkait kewajiban pelaporan ke regulator reporting obligations to regulators supported
dengan didukung sistem Compliance Report by Compliance Report Monitoring (CRM)
Monitoring (CRM), pemantauan terhadap system, monitoring of Compliance Policy
Kebijakan Kepatuhan dan Kebijakan Anti and Anti Money Laundering and Counter
Pencucian Uang dan Pencegahan Pendanaan Terrorism Financing Policy, monitoring of
Terorisme, pemantauan terhadap pengkinian updating of customer data and application
data nasabah dan penerapan single CIF dan of single CIF and passive/dormant accounts,
rekening pasif/dorman, Pelaksanaan Program Implementation of Anti Money Laundering and
Anti Pencucian Uang dan Pencegahan Terrorist Financing Programs in accordance
Pendanaan Teroris sesuai dengan ketentuan with the provisions of the Regulator.
Regulator.
3. TINJAUAN ATAS EFEKTIVITAS SISTEM 3. REVIEW OF THE EFFECTIVENESS OF THE RISK

MANAJEMEN RISIKO MANAGEMENT SYSTEM
Tinjauan atas efektivitas penerapan Manajemen A review of the effectiveness of Risk Management
Risiko pada keempat pilar sistem manajemen risiko implementation on the four pillars of the risk
telah dilakukan secara memadai yang meliputi: management system has been adequately
conducted which includes:
a. Perumusan Tingkat Risiko a. Formulation of Risk Level

Perumusan risk appetite dan risk tolerance The formulation of risk appetite and risk
sudah memadai dan selaras dengan tujuan tolerance is adequate and in line with the
strategis dan bisnis bank yang ditetapkan strategic and business objectives of the bank
dalam RBB. Parameter risk tolerance secara set out in RBB. The bank wide risk tolerance
bank wide didokumentasikan dalam ketentuan parameters are documented in the internal
internal di Risk Appetite Statement & Risk provisions in Risk Appetite Statement & Risk
Tolerance. Tolerance.
b. Kecukupan pengawasan aktif oleh Dewan b. Adequacy of active supervision by the Board
Komisaris dan Direksi of Commissioners and the Board of Directors
Kecukupan pengawasan aktif oleh Dewan The adequacy of active supervision by the
Komisaris dan Direksi, termasuk pelaksanaan Board of Commissioners and the Board
kewenangan dan tanggung jawab Dewan of Directors, including the exercise of the
Komisaris dan Direksi dinilai memadai. Dewan authority and responsibilities of the Board
Komisaris telah membentuk Komite Pemantau of Commissioners and Board of Directors
Risiko, antara lain: is considered adequate. The Board of
Commissioners has established Risk
Monitoring Committee, among others:

1. Mengevaluasi dan menganalisis 1. Evaluate and analyze the adequacy of

kecukupan kebijakan manajemen risiko risk management policies on a regular
secara berkala. basis.
2. Mengevaluasi dan menganalisa laporan 2. Evaluate and analyze quarterly risk
profil risiko secara triwulanan dan Tingkat profile reports and Bank Half Rate on a
Kesehatan Bank secara semesteran. semi-annual basis.
3. Mengawasi dan mengevaluasi 3. Supervise and evaluate the performance
pelaksanaan tugas Komite Manajemen of the Risk Management Committee and
Risiko dan Divisi Manajemen Risiko. Risk Management Working Unit.
c. Alat Organisasi Manajemen Risiko c. Risk Management Organization Tool
Alat organisasi yang mendukung penerapan Organizational tools that support the
Manajemen Risiko secara efektif dinilai implementation of Risk Management are
memadai dengan wewenang dan tanggung effectively assessed with clear authority
jawab yang jelas dalam setiap kegiatan usaha, and responsibility in every business activity,
antara lain: including:
1. Dalam mengelola risiko kredit 1. In managing credit risk there is separation
menerapkan four eyes principles yaitu of loan officer, between Business Unit
Unit Bisnis dan Unit Credit Risk Review. and Credit Risk Review Unit. Delegation
Delegasi wewenang diatur dalam of authority is governed in the internal
ketentuan internal tentang Komite Kredit provisions of the Credit Committee (KK)
(KK) dan Batas Wewenang Memutus and the Limit of Authority to Declare
Kredit (BWMK) dan dievaluasi secara Credit (BWMK) and regularly evaluated
rutin oleh pejabat yang berwenang. by authorized officials.
2. Dalam pengelolaan risiko pasar dan 2. In the management of market risk
likuiditas, fungsi manajemen risiko terdiri and liquidity, the risk management
dari Divisi Treasury & Capital Market, function consists of the Treasury
Divisi Operation & Credit Administration Division, Operations Division and Risk
dan Divisi Manajemen Risiko. Management Unit.
3. Dalam pengelolaan risiko operasional 3. In operational risk management there is
terdapat pemisahan tugas dan wewenang a separation of duties and authority of
pembuat, pemeriksa, penandatangan maker, inspector, signer (task segregation
(segregasi tugas dan dual control) and dual control) on the implementation
terhadap pelaksanaan semua kegiatan of all operational activities in the work
operasional di unit kerja. unit.
4. Untuk mengembangkan kompetensi 4. To develop competence in Risk
dalam Manajemen Risiko, adalah wajib Management, it is mandatory for the
bagi Dewan Komisaris, Direksi, dan Board of Commissioners, Board of
juga pejabat sampai empat tingkat di Directors, as well as officials up to four
bawah Direksi untuk mengikuti pelatihan levels under the Board of Directors to
sertifikasi Manajemen Risiko. Selain attend Risk Management certification
itu, refreshment kepada Sumber Daya training. In addition, refreshment to
Manusia juga dilakukan secara rutin. Human Resources is also done routinely.
d. Sistem Informasi d. Information Systems
Dukungan sistem informasi untuk penerapan Information system support for risk
manajemen risiko dinilai cukup memadai, management implementation is considered
antara lain persetujuan transaksi dan delegasi sufficient, including transaction approval
wewenang di sistem informasi Core Banking, and delegation of authority in Core Banking
pelaksanaan Risk Control Self Assessment information system, Risk Control Self
(RCSA) dalam pengukuran risiko operasional, Assessment (RCSA) implementation in
sistem Compliance Report Monitoring (CRM) operational risk measurement, Compliance
sebagai reminder ke unit kerja pelapor Report Monitoring (CRM) system as reminder
mengenai kewajiban penyampaian Laporan to reporting unit regarding the obligation to
kepada Regulator. submit the Report to the Regulator.

I. EKSPOSUR RISIKO DAN PENERAPAN I. IMPLEMENTATION OF EXPOSURE RISKS AND
MANAJEMEN RISIKO RISK MANAGEMENT
Di tahun 2018 dengan perkembangan ekonomi Economic development and business for the year
dunia dirasa ulit secara tidak langsung 2015 which is considered quite difficult indirectly
mempengaruhi bisnis perbankan nasional, affect the business of national banking, risk
penerapan manajemen risiko dan tata kelola management and Good Corporate Governance
Bank (Good Corporate Governance) yang tepat (GCG) is appropriate and healthy would have a
dan sehat akan sangat memiliki peran dalam role in increasing the added value and provides a
meningkatkan nilai tambah dan memberikan comprehensive overview of the potential and the
gambaran yang komprehensif mengenai potensi risk of future losses in the Bank that are tailored
risiko dan kerugian Bank di masa mendatang yang to the complexity and the internal condition of the
disesuaikan dengan kompleksitas serta kondisi bank.
internal bank.
Bank telah menerapkan manajemen risiko J Trust Bank Indonesia has implemented
berdasarkan ketentuan Peraturan Otoritas Jasa risk management based on the provisions of
Keuangan (POJK) No. 18/POJK.03/2016 tanggal 22 Peraturan Otoritas Jasa Keuangan (POJK)
Maret 2016 tentang Penerapan Manajemen Risiko No. 18/POJK.03/2016 dated March 22, 2016 on the
bagi Bank Umum, dan peraturan pelaksanaannya. Application of Risk Management for Commercial
Bank, and its implementing regulations.
Untuk mencapai tujuan di atas, maka diperlukan To achieve the above objectives, it is necessary to
adanya budaya risiko (risk awareness) dan culture of risk (risk awareness) and the necessary
kemampuan teknis yang memadai dari pada technical competence of the entire unit in JTrust
seluruh unit kerja di Bank, dimana hal ini menjadi Bank Indonesia, where it is the responsibility and
tanggung jawab dan melibatkan seluruh unit kerja involves all work units in JTrust Bank Indonesia.
di Bank.
Efektivitas penerapan tata kelola dan kerangka The effectiveness of the implementation of
kerja manajemen risiko oleh Bank meliputi 4 governance and risk management framework by
(empat) pilar yaitu: Bank Indonesia JTrust includes four (4) pillars,
namely:
a. Pengawasan aktif Dewan Komisaris dan a. Active supervision of the Board of

Direksi sebagai bagian dari pengawasan Commissioners and Board of Directors as
Manajemen, part of management supervision,
Dewan Komisaris dan Direksi bertanggung Board of Commissioners and Board of
jawab atas efektivitas penerapan manajemen Directors is responsible for the effectiveness
risiko di Bank serta memastikan penerapan of risk management at the Bank and ensure
manajemen risiko telah memadai sesuai the application of adequate risk management
dengan karakteristik, kompleksitas dan profil in accordance with the characteristics,
risiko Bank. Pengawasan Dewan Komisaris complexity and risk profile of the Bank.
meliputi antara lain: Supervision of the Board of Commissioners
(1) Menyetujui kebijakan Manajemen include, among others:
Risiko termasuk strategi dan kerangka (1) To approve the risk management policy,
Manajemen Risiko yang ditetapkan including strategies and risk management
sesuai dengan tingkat risiko yang framework established in accordance
diambil (risk appetite) dan toleransi with the level of risk taken (risk appetite)
risiko (risk tolerance) Bank; and risk tolerance (risk tolerance) Bank;
(2) Melakukan evaluasi terhadap kebijakan (2) To evaluate the policies and the
dan implementasi manajemen risiko yang implementation of risk management
dilakukan oleh Direksi. performed by the Board of Directors.
(3) Menyelenggarakan Rapat Berkala (3) Holding Regular Meeting of the Board of
dengan Direksi untuk mengevaluasi Directors to evaluate the achievement of
pencapaian tindak lanjut setiap rencana the follow-up of each work plan (action
kerja (action plan); plan);

(4) Memastikan rekomendasi setiap Laporan (4) Ensure that any recommendations the
Hasil Audit (LHA) Divisi Internal Audit Audit Report (LHA) Unit Internal and
dan Ekternal telah ditindaklanjuti. External Audit have been followed up.
Dalam rangka pengawasan dan pengelolaan In the framework of supervision and

risiko Bank serta pelaksanaan Good Corporate risk management of the Bank and the
Governance, Dewan Komisaris dibantu oleh implementation of Good Corporate
Komite Pemantau Risiko (Risk Monitoring Governance, the Board is assisted by the
Committee) di tingkat Komisaris. Risk Oversight Committee (Risk Monitoring
Committee) at the level of Commissioner.
Sedangkan Direksi bertugas menentukan arah While the Board of Directors in charge of
kebijakan dan strategi manajemen risiko secara determining the direction of policies and
komprehensif, termasuk implementasinya, comprehensive risk management strategy,
serta memastikan bahwa seluruh risiko yang including implementation, and to ensure
material dan dampaknya telah ditindaklanjuti. that all material risks and impacts have been
Direksi juga bertanggungjawab untuk followed up. Directors are also responsible to
menumbuhkembangkan budaya dan foster culture and risk awareness throughout
kesadaran akan risiko diseluruh jajaran unit the ranks of the working unit. Active
kerja. Pengawasan aktif Direksi, di antaranya supervision of the Board of Directors, among
meliputi: others include:
(1) Menyusun kebijakan, strategi, dan 1) Develop policies, strategies, and risk
kerangka Manajemen Risiko dengan management framework by taking
memperhatikan tingkat risiko yang into account the level of risk taking
diambil (risk appetite) dan toleransi risiko (risk appetite) and risk tolerance (risk
(risk tolerance) Bank; tolerance) Bank;
(2) Memantau, mengevaluasi, dan 2) Monitor, evaluate and ensure the Bank’s
memastikan Rencana Bisnis Bank, business plan, strategy and action plan
strategi dan action plan telah dilakukan has been carried out as planned through
sesuai rencana melalui rapat/pertemuan a conference/meeting periodically;
berkala;
(3) Memastikan Standar Operasional 3) Ensure Standard Operating Procedures
Prosedur (SOP), Kebijakan dan Prosedur (SOP), Policies and Procedures have
telah dipahami dan dilaksanakan; been understood and implemented;
(4) Memastikan dan melaksanakan langkah 4) Ensure and implement corrective
perbaikan atau rekomendasi dari Satuan measures or recommendations of the
Kerja Audit Internal dan Eksternal telah Internal Audit Unit and External had been
dilaksanakan dengan efektif; implemented effectively;
(5) Mengembangkan budaya manajemen 5) Develop a risk management culture and
risiko dan meningkatkan kesadaran riisko raise awareness risk at all levels of the
pada seluruh jenjang organisasi. organization.
b. Kecukupan kebijakan, prosedur, dan b. The adequacy of policies, procedures, and

penetapan limit sebagai pedoman dalam limit as a guideline in the implementation of
penerapan Manajemen Risiko, Risk Management,
Penerapan manajemen risiko di Bank telah Application of risk management in JTrust
dituangkan dalam beberapa kebijakan Bank Indonesia has poured in some policies
dan prosedur, antara lain Kebijakan Umum and procedures, among others, the Risk
Manajemen Risiko (KUMR). KUMR sebagai Management General Policy (KUMR). KUMR
ketentuan tertinggi dalam memberikan arahan as the highest provisions in providing policy
kebijakan pengelolaan dan pengendalian direction risk management and control in
risiko dalam rangka mengamankan Bank atas order to secure the J Trust Bank Indonesia
risiko yang dihadapi dalam aktivitas bisnisnya. on the risks faced in its business activities.
Penetapan limit dikelola dalam kegiatan usaha Limits are managed in business activities and
dan produk dan telah disesuaikan tingkat products and has adjusted the level of risk

risiko yang akan diambil (risk appetite) dan to be taken (risk appetite) and the limits are
limit tersebut ditinjau secara berkala untuk reviewed periodically to adjust to changing
menyesuaikan terhadap perubahan kondisi conditions.
yang terjadi.
c. Kecukupan proses identifikasi, pengukuran, c. The adequacy of the process of identification,

pemantauan, dan pengendalian Risiko, serta measurement, monitoring, and controlling
sistem informasi Manajemen Risiko risks, as well as risk management information
Proses penerapan manajemen risiko yang system
meliputi identifikasi, pengukuran, pemantauan, The process of risk management includes
pengelolaan dan pengendalian terhadap ke the identification, measurement, monitoring,
delapan risiko yaitu risiko kredit, risiko pasar, management and control of the eighth risks
risiko likuiditas, risiko operasional, risiko such as credit risk, market risk, liquidity risk,
kepatuhan, risiko stratejik, risiko hukum, dan operational risk, compliance risk, strategic risk,
risiko reputasi. legal risk, and reputation risk.
1) Identifikasi 1) Identification
Identifikasi risiko dilakukan mencakup Risk identification is done covers all
seluruh aktivitas bisnis dalam rangka business activities in order to analyze
menganalisis sumber dan kemungkinan the source and possible risks and their
timbulnya risiko beserta dampaknya. impact.
2) Pengukuran 2) Measurement
Pengukuran risiko dimaksudkan agar Measurement of risk is so that the Bank
Bank mampu menghitung eksposur is able to calculate the risk exposure
risiko yang melekat pada kegiatan usaha, inherent in business activities, and the
dan diperkirakan dampak terhadap estimated impact on capital.
permodalan. One measurement of risk is reflected
Salah satu pengukuran risiko tercermin in the quarterly Risk Profile Report and
dalam Laporan Profil Risiko triwulanan Reports Risk Control Self Assessment/
dan Laporan Risk Control Self RCSA,
Assessment/ RCSA.
3) Pemantauan 3) Monitoring
Pemantauan risiko dilakukan antara Risk monitoring conducted among
lain dengan cara mengevaluasi limit others by evaluating the limit of treasury
transaksi treasury serta efektivitas proses transactions and the effectiveness of the
manajemen risiko. risk management process.
4) Pengendalian 4) Control
Pengendalian risiko antara lain dengan Risk control among others, by providing
memberikan tindak lanjut atas risiko yang follow-up risks are moderate to high and
bersifat moderate to high dan high. high.
d. Sistem pengendalian internal yang efektif d. Effective internal control system in the
dalam pelaksanaan kegiatan operasional implementation of the Bank’s operations.
Bank. Internal control has been carried out
Pengendalian internal telah dilakukan by the Internal Audit Unit to assess the
oleh Divisi Internal Audit untuk menilai implementation of the risk management
pelaksanaan proses dan sistem manajemen processes and systems in functional activities
risiko pada aktivitas fungsional yang memiliki which have a risk exposure. Besides the clear
eksposur risiko. Selain itu adanya pemisahan separation of functions between operational
fungsi yang jelas antara unit kerja operasional units (risk-taking units) with units that carry
(risk taking unit) dengan unit kerja yang out the functions of risk management (risk
melaksanakan fungsi pengendalian risiko (risk management unit).
management unit).

II. EKSPOSUR RISIKO DAN PENERAPAN II. RISK EXPOSURE AND RISK MANAGEMENT BANK
MANAJEMEN RISIKO BANK SECARA KHUSUS IN PARTICULAR
1. Risiko Kredit 1. Credit Risk

Risiko Kredit adalah Risiko kerugian akibat Credit risk is the risk of loss due to the failure
kegagalan pihak lain dalam memenuhi of other parties to fulfill their obligations
kewajibannya. Termasuk dalam Risiko Kredit include in Credit Risk namely Credit Risk
yaitu Risiko Kredit akibat kegagalan debitur, due to the failure of debtors, credit risk due
Risiko Kredit akibat terkonsentrasinya to concentration of provision of funds (Risk
penyediaan dana (Risiko Konsentrasi Kredit), Concentrations of credit), Credit Risk due to
Risiko Kredit akibat kegagalan pihak lawan the failure of the counterparty (counterparty
(counterparty credit risk), Risiko Kredit akibat credit risk), credit risk due to the failure of
kegagalan settlement (settlement risk), dan settlement (settlement risk) and credit risk
Risiko Kredit akibat country risk. due to country risk.
Penerapan manajemen risiko kredit yang telah The application of credit risk management
dilakukan meliputi: that have been made include:
a. Organisasi manajemen risiko kredit a. Credit risk management organization
Dalam organisasi manajemen risiko In the organization of credit risk
kredit, Bank telah menerapkan Four management, the Bank has implemented
Eyes Principle merupakan prinsip the Four Eye Principle is the main
utama yang mendasari pengambilan principle underlying the credit decision-
keputusan kredit dengan melibatkan making by involving the business units
unit Bisnis dan unit Credit Risk Review and units of Commercial Credit Risk
yang saling independen satu sama lain mutually independent of each other
dengan pemisahan wewenang dan with a separation of authority and
tanggungjawab, sebagai berikut: responsibility, as follows:
- Divisi Bisnis adalah unit bisnis yang - Business Division is a business unit
melaksanakan usulan/aktivitas to implement the proposal/activity
pemberian kredit atau penyediaan of credit or provision of funds
dana dan penanganan debitur and function handling the credit
kualitas kredit 2A agar tidak quality borrowers 2A so as not to
berpotensi menjadi NPL. potentially become Non Performing
Loan (NPL);
- Divisi Credit Risk Reviewer adalah - Credit Risk Reviewer Division is a
unit yang melakukan review Nota unit which reviews the Memorandum
Analisa Kredit dan membuat Nota of Credit Analysis and make risk
Analisa Risiko & Rekomendasi serta analysis recommendation then fitted
dilengkapi kewenangan dalam batas authority within a certain limit to
limit tertentu untuk menyetujui atau approve or reject the proposals
menolak proposal yang diusulkan suggested by Business Division;
oleh Divisi Bisnis;
- Divisi Corporate Legal & Compliance - Corporate Legal & Compliance
sebagai Non Voting Member dalam Division as a Non-Voting Member
pemberian opini kepatuhan dan in giving opinions compliance, legal,
legal dalam mekanisme proses mechanisms of the credit processing.
kredit.
- Divisi Operation & Credit - Operation & Credit Administration
Administration serta Divisi Financial Division and Financial & Control
Control sebagai Non Voting Member Division as a Non-Voting Member
(add hoc) apabila diperlukan opini (add hoc) in giving opinions
operasional dan restrukturisasi operational and restructuring loan.
kredit.
- Special Assets Management (SAM) - Special Assets Management (SAM)
berfungsi melakukan penanganan function handling the credit quality
debitur kualitas kredit 2B, 2C, 3, 4, borrowers 2B, 2C 3, 4, 5 (Non
5 (Non Performing Loan/NPL) dan Performing/NPL) and the settlement
penyelesaian aset bermasalah. of troubled assets.

- Divisi Risk Management (RMD) - Risk Management Unit (RMD)
berfungsi sebagai unit independen functions as an independent unit to
yang melakukan identifikasi, identify, measure, control, monitor
pengukuran, pemantauan dan credit risk by adhering to prudential
pengendalian risiko kredit dengan banking.
berpegang pada prudential banking.
- Komite Kredit merupakan - Credit Committee is a mechanism in
mekanisme proses persetujuan accordance with the loan approval
kredit sesuai dengan Batas dan process and Powers Terminate
Wewenang Memutus Kredit yang Credit Limit set by the Board of
telah ditetapkan oleh Direksi. Directors.
b. Strategi manajemen risiko kredit untuk b. Credit risk management strategies for
aktivitas yang memiliki eksposur risiko activities that have a significant credit
kredit yang signifikan risk exposure
Strategi manajemen risiko kredit Credit risk management strategy guided
berpedoman pada ketentuan bank by the provisions of Indonesian banks/
Indonesia/Otoritas Jasa Keuangan, Financial Services Authority, the Bank
Rencana Bisnis Bank dan prinsip kehati- Business Plan and the precautionary
hatian serta memperhatikan kondisi principle and also pay attention to market
pasar dan kondisi ekonomi. conditions and economic conditions
c. Kebijakan pengelolaan risiko konsentrasi c. Concentration of credit risk management

kredit policy
Pengelolaan risiko konsentrasi kredit Concentration of credit risk management,
antara lain: among others:
- Melakukan penyusunan Portofolio - Perform the preparation of Portfolio
Kredit per Sektor Industri yang Loans by Sector Industry used to as
digunakan sebagai limit penyaluran a limit lending to certain economic
kredit pada sektor-sektor ekonomi sectors in accordance with the
tertentu sesuai dengan Rencana Bank’s Business Plan.
Bisnis Bank.
- Penetapan inhouse limit dalam - Determination inhouse limit in the
penyediaan dana kepada pihak provision of related parties, groups,
terkait, debitur grup dan individu individuals (LLL) without limiting
(BMPK) dengan tidak mengabaikan the regulatory provisions.
ketentuan regulator.
d. Mekanisme pengukuran dan d. Measurement and control of credit risk

pengendalian risiko kredit
- Mereview dan menyempurnakan - Reviewing and refining J Trust
Kebijakan Perkreditan Bank dan Bank Indonesia Credit Policy and
Pedoman Pelaksanaan Kredit secara Implementation Guidelines Credit
berkala, dan terus melengkapi regular basis, and continue to
serta menyempurnakan ketentuan complement and refine the internal
internal bidang perkreditan secara regulation field of credit as a credit
berkesinambungan agar selaras risk control on an ongoing basis to
dengan kondisi terkini sesuai keep pace with the latest conditions
dinamika organisasi, rencana appropriate organizational dynamics,
bisnis bank, best practice industri business plan of the bank, the
perbankan, dan ketentuan regulator. banking industry best practices, and
regulatory provisions.

- Melakukan penetapan limit/Batas - Doing limits/limit Terminate Credit

Wewenang Memutus Kredit (BWMK) Authority (BWMK) which are
yang di-review secara berkala reviewed at regular intervals and
dan melakukan penyempurnaan make improvements to the loan
terhadap proses kredit sehingga process so that the credit decision-
proses pengambilan keputusan making process run faster but still
kredit berjalan lebih cepat namun refer to the principles of prudential
tetap berpedoman terhadap azas banking.
prudential banking.
- Pengukuran risiko kredit melalui - Measurement of credit risk through
kualitas analisa kredit. credit analysis quality.
- Melakukan penyempurnaan - Improving credit monitoring
pedoman monitoring kredit melalui: guidelines, among others Pillar 3
Penerapan Analisa 3 Pilar & Early Implementation & Early Warning
Warning Monitoring. Monitoring.
- Melakukan pemantauan Kredit - Monitoring Low Quality Credit
Kualitas Rendah (KKR) melalui Rapat (KKR) through KKR Meetings by
KKR dengan mereview debtor watch reviewing the watch list debtors to
list membuat action plan report make an action plan report related
terkait Pemantauan, Pengawasan & to Monitoring, Monitoring & Follow
Tindak Lanjut. Up.
- Melakukan pengendalian kredit - Perform credit control through the
melalui proses account strategy dan process of account strategy and
manajemen kredit bermasalah. management of problem loans.
- Risk awareness dari Dewan - Risk awareness of the Board of
Komisaris dan Direksi atas strategi Commissioners and Board of
bisnis perkreditan, enforcement Directors on lending business
pelaksanaan budaya risiko dan strategy, enforcement execution
internalisasi budaya risiko kredit ke risk culture and internalization of
seluruh jenjang organisasi. credit risk culture to all levels of the
organization.
e. Definisi tagihan yang telah jatuh tempo e. Definition of bills due and bills impaired/
dan tagihan yang mengalami penurunan impairment
nilai/impairment
(a) Tagihan yang telah jatuh tempo (a) Claims which have expired are bills
adalah tagihan yang telah jatuh that are overdue for more than 90
tempo lebih dari 90 (sembilan (ninety) days either for payment of
puluh) hari baik atas pembayaran principal and/or interest payments;
pokok dan/atau pembayaran bunga;
(b) Tagihan yang mengalami (b) Claims impaired is a condition of the
penurunan nilai adalah suatu discovery of objective evidence of
kondisi ditemukannya bukti obyektif an adverse event as a result of one
terjadinya peristiwa yang merugikan or more adverse events as a result
sebagai akibat dari satu atau lebih of one or more events that occurred
peristiwa yang merugikan sebagai Set up the initial recognition of the
akibat dari satu atau lebih peristiwa loan, and that loss event has an
yang terjadi setelah pengakuan impact on the estimated on future
awal kredit tersebut, dan peristiwa cash flows on the financial asset or
yang merugikan tersebut berdampak group of financial assets that can be
pada estimasi arus kas masa datang estimated reliably.
atas aset keuangan atau kelompok
aset keuangan yang dapat diestimasi
dengan andal.

f. Penjelasan mengenai pendekatan f. An explanation of the approach used
yang digunakan untuk pembentukan for the formation of Allowance for
Cadangan Kerugian Penurunan Nilai Impairment Losses (CKPN) individually
(CKPN) individual dan kolektif, serta and collectively, as well as the statistical
metode statistik yang digunakan dalam methods used in the calculation of
perhitungan CKPN. CKPN.
Bank menggunakan teknik perhitungan Banks use calculation techniques in the
dalam cadangan kerugian penurunan allowance for impairment losses (CKPN)
(CKPN) nilai aset keuangan secara value of financial assets individually and
individual dan kolektif, adalah sebagai collectively, are as follows:
berikut:
(a) Cadangan Kerugian Penurunan (a) Allowance for Impairment Losses
Nilai Individual Individual
Bank melakukan evaluasi kerugian The Bank evaluates impairment
penurunan nilai dan perhitungan losses and calculation of the
pembentukan CKPN aset formation of financial assets CKPN
keuangan kredit secara individual as individual credit using discounted
menggunakan teknik discounted cash flow techniques (present value
cash flow (nilai kini estimasi arus of estimated future cash flows)
kas masa datang) dan fair value and the fair value of collateral (the
of collateral (nilai kini dari nilai present value of the fair value of
wajar agunan). Estimasi arus kas the collateral). Estimates of future
masa datang (discounted cash cash flows (discounted cash flow)
flow) bersumber dari ekspektasi sourced from the expectations
penerimaan pokok, bunga dan of receipt of principal, interest or
atau denda, dapat juga bersumber penalties, can also be sourced from
dari penerimaan realisasi hasil the receipt of the realization of the
klaim jaminan pihak ketiga dan results of third-party warranty claims
atau pembayaran ganti rugi dari or compensation from the insurance
perusahaan asuransi. Sedangkan company. While the estimated
estimasi arus kas masa datang yang future cash flows derived from the
berasal dari ekspektasi penerimaan realization of the expected receipt
realisasi agunan (fair value of of collateral (fair value of collateral)
collateral) bersumber dari realisasi comes from sales of collateral.
penjualan agunan. Aset keuangan Financial assets loans evaluated on
kredit yang telah dievaluasi secara an individual basis but there is no
individual namun tidak terdapat objective evidence of impairment
bukti objektif kerugian penurunan losses, the evaluation of impairment
nilai, maka evaluasi kerugian losses and CKPN done collectively.
penurunan nilai dan CKPN dilakukan
secara kolektif.

(b) Cadangan Kerugian Penurunan (b) Allowance for Impairment Losses

Nilai Kolektif Collective
Perhitungan CKPN kolektif CKPN collective calculation using
menggunakan metode roll rates atau the roll rates or migration analysis
migration analysis dengan parameter with parameters probability of
probability of default (PD) dan loss default (PD) and loss given default
given default (LGD) berdasarkan (LGD) based on historical data bank.
data historis bank. Aset keuangan Financial assets that are collectively
yang telah dievaluasi secara kolektif evaluated but found or there is
namun ditemukan dan atau terdapat objective evidence of impairment
bukti objektif terjadi kerugian losses, the evaluation of impairment
penurunan nilai maka evaluasi losses and CKPN assessed
kerugian penurunan nilai dan CKPN individually.
dinilai secara individual.

Tabel 1.1. Pengungkapan Tagihan Bersih Berdasarkan Wilayah – Bank secara individual Audited
Table 1.1. Disclosure of Net Receivables by Area – Bank, individually Audited
31 Desember 2018 | December 31, 2018

Tagihan Bersih Berdasarkan Wilayah | Net Receivable Based on Region
No. Kategori Portofolio
Wilayah 1 Wilayah 2 Wilayah 3 Wilayah 4
Total
Area 1 Area 2 Area 3 Area 4
(1) (2) (3) (4) (5) (6) (7)
1 Tagihan Kepada Pemerintah - - 4.109.954 - 4.109.954
2 Tagihan Kepada Entitas Sektor Publik - - 244.373 - 244.373
Tagihan Kepada Bank Pembangunan
3 - - - - -
Multilateral dan Lembaga Internasional
4 Tagihan Kepada Bank - 6.990 472.847 97.857 577.694
5 Kredit Beragun Rumah Tinggal - - - - -
6 Kredit Beragun Properti Komersial - - - 118.171 118.171
7 Kredit Pegawai atau Pensiunan - - - - -
Tagihan Kepada Usaha Mikro, Usaha
8 - 234.102 101.375 1.933.244 2.268.721
Kecil dan Portofolio Ritel
9 Tagihan Kepada Korporasi - 631.102 947.607 5.892.486 7.471.195
10 Tagihan yang Telah Jatuh Tempo - 32.162 78.529 330.393 441.084
11 Aset Lainnya 1.984.463 1.984.463
Eksposur di Unit Usaha Syariah
12 - - - - -
(apabila ada)
Total - 904.356 7.939.147 8.372.152 17.215.655
Tabel 1.2. Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak – Bank secara individual Audited
Table 1.2. Disclosure of Net Receivables by Remaining Contract Period – Bank, individually Audited

Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak |
Net Receivables by Contractual Maturity
No. Kategori Portofolio > 1 thn s.d. > 3 thn s.d. Non
≤ 1 tahun 3 thn 5 thn > 5 thn Kontraktual
Total
≤ 1 year > 1 year s.d. > 3 year s.d. > 5 year Non
3 year 5 year Contractual
(1) (2) (3) (4) (5) (6) (7) (8)
1 Tagihan Kepada Pemerintah 3.350.684 - - - 759.270 4.109.954
2 Tagihan Kepada Entitas Sektor Publik - 36.308 29.952 178.113 244.373
3 Multilateral dan Lembaga - - - - -
Internasional
4 Tagihan Kepada Bank 223.717 6.990 98.021 - 248.967 577.694
5 Kredit Beragun Rumah Tinggal - - - - -
6 Kredit Beragun Properti Komersial - - - 118.171 118.171
7 Kredit Pegawai atau Pensiunan - - - - -
8 416.564 598.038 669.403 584.717 2.268.721
9 Tagihan Kepada Korporasi 2.946.642 1.968.723 893.253 1.662.576 7.471.195
10 Tagihan yang Telah Jatuh Tempo 112.556 64.366 61.895 202.267 441.084
11 Aset Lainnya - 1.984.463 1.984.463
12 - - - - -
(apabila ada)
Total 7.050.163 2.674.424 1.752.525 2.745.843 2.992.700 17.215.655

(dalam jutaan Rupiah | in million Rupiah)

Tagihan Bersih Berdasarkan Wilayah | Net Receivable Based on Region
Portfolio Category
Wilayah 1 Wilayah 2 Wilayah 3 Wilayah 4
Total
(8) (9) (10) (11) (12)
- - 3.869.061 - 3.869.061 Claims on Government/Sovereign
- - 182.125 - 182.125 Claims on Public Sector Entities
Claims on Multilateral Development Banks
- - - - -
and International Entities
106.566 - 500.161 - 606.727 Claims on Banks
95.304 13.168 77.642 62.819 248.933 Claims Secured by Residential Property
4.534 - 111 161.303 165.948 Claims Secured by Commercial Real Estate
- - - - - Claims on Pension Loans
890.757 102.677 338.441 1.065.154 2.397.029 Claims on Micro, Small, and Retail Portfolio
2.588.737 757.576 1.436.462 3.279.915 8.062.690 Claims on Corporates

82.095 11.590 102.368 361.223 557.276 Claims on Past Due Exposures
1.096.561 1.096.561 Other Assets
- - - - - Sharia Exposures (if any)
3.767.993 885.011 7.602.932 4.930.414 17.186.350 Total

Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak |
Net Receivables by Contractual Maturity
> 1 thn s.d. > 3 thn s.d. Non Portfolio Category
≤ 1 tahun 3 thn 5 thn > 5 thn Kontraktual
Total
≤ 1 year > 1 year s.d. > 3 year s.d. > 5 year Non
3 year 5 year Contractual
(9) (10) (11) (12) (13) (14)
2.933.237 50.000 - - 885.824 3.869.061 Claims on Government/Sovereign
- - 35.115 147.010 182.125 Claims on Public Sector Entities
Claims on Multilateral Development Banks

- - - - -
and International Entities
236.592 36.988 - 69.578 263.569 606.727 Claims on Banks

1.068 4.446 1.969 241.450 248.933 Claims Secured by Residential Property
- 4.534 - 161.414 165.948 Claims Secured by Commercial Real Estate
- - - - - Claims on Pension Loans
67.212 1.015.996 696.769 617.052 2.397.029 Claims on Micro, Small, and Retail Portfolio
659.621 3.759.215 817.146 2.826.708 8.062.690 Claims on Corporates

73.031 50.332 201.978 231.935 557.276 Claims on Past Due Exposures
- 1.096.561 1.096.561 Other Assets
- - - - - Sharia Exposures (if any)
3.970.761 4.921.511 1.752.977 4.295.147 2.245.954 17.186.350 Total

Tabel 1.3. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi – Bank secara individual Audited
Table 1.3. Disclosure of Net Receivables by Economic Sector – Bank, individually Audited
Tagihan
Kepada Bank
Pembangunan
Tagihan Multilateral
Tagihan Kepada Kredit Beragun
Kepada dan Lembaga
Entitas Sektor Tagihan Kepada Rumah Tinggal
Sektor Ekonomi Pemerintah Internasional
No. Publik Bank Claims Secured
Economic Sector Claims on Claims on
Claims on Public Claims on Banks by Residential
Government/ Multilateral
Sector Entities Property
Sovereign Development
Banks and
International
Entities
(1) (2) (3) (4) (5) (6) (7)
Pertanian, Perburuan dan Kehutanan
1 - - - - -
Agricultures, hunting and forestry
2 Perikanan | Fisheries - - - - -
Pertambangan dan Penggalian
3 - - - - -
Mining and Quarrying
4 Industri Pengolahan | Manufacturing - - - - -
Listrik, Gas, dan Air
5 - - - - -
Electricity, Gas and Water
6 Konstruksi | Construction - - - - -
Perdagangan besar dan Eceran
7 - - - - -
Wholesale and Retail Trading
Penyediaan Akomodasi dan Penyediaan
Makan Minum
8 - - - - -
Provision of accommodation and food
supply drinking
Transportasi, pergudangan dan komunikasi
9 Transportation, warehousing and - - - - -
communications
Perantara keuangan
10 - 244.373 - 105.011 -
Financial Intermediary
Real Estate, usaha persewaan dan jasa
perusahaan
11 - - - - -
Real estate, Rental Business, and services
company
Administrasi Pemerintahan
12 - - - - -
Government Administration
13 Jasa Pendidikan | Education services - - - - -
Jasa Kesehatan dan Kegiatan Sosial
14 - - - - -
Health and social services
Jasa Kemasyarakatan, Sosial Budaya,
Hiburan dan Perorangan lainnya
15 - - - - -
Community, Sociocultural, Entertainment
and Other Individual Services
Jasa Perorangan yang melayani Rumah
16 Tangga - - - - -
Individual services which serve households
Badan Internasional dan Badan Ekstra
Internasional Lainnya
17 - - - - -
Extra agency international agency and
other international
Kegiatan yang belum jelas batasannya
18 Business Activities which are not clearly - - - - -
defined
Bukan lapangan usaha
19 - - - - -
Credit Recipients Non Industrial Origin
20 Lainnya | Others 4.109.954 - - 472.683 -
Total 4.109.954 244.373 - 577.694 -

Tagihan Kepada
Kredit Beragun Usaha Mikro, Tagihan yang
Properti Kredit Pegawai Tagihan Kepada Eksposur di Unit Usaha
Usaha Kecil dan Telah Jatuh
Komersial atau Pensiunan Korporasi Aset Lainnya Syariah (apabila ada)
Portofolio Ritel Tempo
Claims Secured Claims on Claims on Other Assets Sharia Exposures
Claims on Micro, Claims on Past
by Commercial Pension Loans Corporates (if any)
Small, and Due Exposures
Real Estate Retail Portfolio
(8) (9) (10) (11) (12) (13) (14)
- - 9.620 62.217 - - -
- - 14.956 - - - -
- - 9.835 105.656 - - -
- - 247.319 2.371.480 14.314 - -
- - - 22.367 - - -
- - 92.918 388.897 9.936 - -
- - 547.488 1.635.352 99.099 - -
117.947 - 22.252 360.771 102.147 - -
- - 2.980 496.569 16.187 - -
- - 7.350 1.134.277 - - -
- - 133.396 387.057 21.494 - -
- - - - - - -
- - - 510 - - -
- - 510 9.269 - - -
- - 18.196 22.573 934 - -
- - - - - - -
- - - - - - -
- - - 91.430 - - -
- - 1.145.220 1.773 111.543 - -

224 - 16.683 380.996 65.429 1.984.463 -
118.171 - 2.268.721 7.471.195 441.084 1.984.463 -

Tabel 1.3. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi – Bank secara individual Audited
Table 1.3. Disclosure of Net Receivables by Economic Sector – Bank, individually Audited
Tagihan
Kepada Bank
Pembangunan
Tagihan Multilateral
Tagihan Kepada Kredit Beragun
Kepada dan Lembaga
Entitas Sektor Tagihan Kepada Rumah Tinggal
Sektor Ekonomi Pemerintah Internasional
No. Publik Bank Claims Secured
Economic Sector Claims on Claims on
Claims on Public Claims on Banks by Residential
Government/ Multilateral
Sector Entities Property
Sovereign Development
Banks and
International
Entities
(1) (2) (3) (4) (5) (6) (7)
Pertanian, Perburuan dan Kehutanan
1 - - - - -
Agricultures, hunting and forestry
2 Perikanan | Fisheries - - - - -
Pertambangan dan Penggalian
3 - - - - -
4 Industri Pengolahan | Manufacturing - - - - -
Listrik, Gas, dan Air
5 - - - - -
Electricity, Gas and Water
6 Konstruksi | Construction - - - - -
Perdagangan besar dan Eceran
7 - - - - 3.538
Wholesale and Retail Trading
Penyediaan Akomodasi dan Penyediaan
Makan Minum
8 - - - - -
Provision of accommodation and food
supply drinking
Transportasi, pergudangan dan komunikasi
9 Transportation, warehousing and - - - - -
communications
Perantara keuangan
10 50.000 182.125 - 106.566 -
Financial Intermediary
Real Estate, usaha persewaan dan jasa
perusahaan
11 - - - - -
Real estate, Rental Business, and services
company
12 - - - - -
Government Administration
13 Jasa Pendidikan | Education services - - - - 607
Jasa Kesehatan dan Kegiatan Sosial
14 - - - - -
Health and social services
Jasa Kemasyarakatan, Sosial Budaya,
Hiburan dan Perorangan lainnya
15 - - - - 1.900
Community, Sociocultural, Entertainment
and Other Individual Services
Jasa Perorangan yang melayani Rumah
16 Tangga - - - - -
Individual services which serve households
Badan Internasional dan Badan Ekstra
Internasional Lainnya
17 - - - - -
Extra agency international agency and
other international
Kegiatan yang belum jelas batasannya
18 Business Activities which are not clearly - - - - -
defined
Bukan lapangan usaha
19 - - - - 242.571
Credit Recipients Non Industrial Origin
20 Lainnya | Others 3.819.061 - - 500.161 316
Total 3.869.061 182.125 - 606.727 248.932

Tagihan Kepada
Kredit Beragun Usaha Mikro, Tagihan yang
Properti Kredit Pegawai Tagihan Kepada Eksposur di Unit Usaha
Usaha Kecil dan Telah Jatuh
Komersial atau Pensiunan Korporasi Aset Lainnya Syariah (apabila ada)
Portofolio Ritel Tempo
Claims Secured Claims on Claims on Other Assets Sharia Exposures
Claims on Micro, Claims on Past
by Commercial Pension Loans Corporates (if any)
Small, and Due Exposures
Real Estate Retail Portfolio
(8) (9) (10) (11) (12) (13) (14)
- - 9.071 - - - -
- - 14.887 - - - -
- - 11.312 54.056 - - -
- - 198.990 2.542.102 188.256 - -
- - - - - - -
3.543 - 76.814 303.410 1.127 - -
- - 621.847 1.982.678 114.847 - -
162.294 - 34.001 782.782 - - -
- - 15.441 746.269 8.769 - -
- - 8.025 1.145.620 82.088 - -
- - 163.940 294.526 4.596 - -
- - - - - - -
- - - - - - -
- - 1.381 33.995 121 - -
- - 20.768 35.722 2.734 - -
- - 42 - - - -
- - - - - - -
- - - - - - -
111 - 1.218.615 276 93.005 - -

- - 1.894 141.253 61.732 1.096.561 -
165.948 - 2.397.028 8.062.689 557.275 1.096.561 -

Tabel 1.4. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah
– Bank secara individual Audited
Table 1.4. Disclosure of Receivables and Allowances by Area – Bank, individually
Audited
(dalam jutaan Rupiah |
in million Rupiah)
Kategori Portofolio Tagihan Bersih Berdasarkan Wilayah | Net Receivable Based on Region
No.
Portfolio Category Wilayah 1 Wilayah 2 Wilayah 3 Wilayah 4
Total
(1) (2) (3) (4) (5) (6) (7)
1 Tagihan | Receivables - 904.356 7.939.147 8.372.152 17.215.655
Tagihan yang mengalami
penurunan nilai (Impaired) -
Impaired Receivables
2 a. Belum jatuh tempo
- 55.785 33.066 1.200.714 1.289.566
Non Past Due
b. Telah jatuh tempo
- 80.667 17.509 178.993 277.170
Past Due
Cadangan kerugian
penurunan nilai (CKPN) -
3 Individual - 10.086 5.515 47.519 63.120
Allowance for Impairment
Losses - Individual
Cadangan kerugian
4 Kolektif - 4.756 4.170 57.892 66.818
Losses - Collective
Tagihan yang dihapus buku
5 - - 121.297 - 121.297
Claims written off
Tabel 1.4. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah

– Bank secara individual
Table 1.4. Disclosure of Receivables and Allowances by Area – Bank, individually
in million Rupiah)
Kategori Portofolio Tagihan Bersih Berdasarkan Wilayah | Net Receivable Based on Region
No.
Portfolio Category Wilayah 1 Wilayah 2 Wilayah 3 Wilayah 4
Total
(1) (2) (3) (4) (5) (6) (7)
1 Tagihan | Receivables 3.767.994 885.011 7.602.931 4.930.414 17.186.350
Tagihan yang mengalami
penurunan nilai (Impaired) -
Impaired Receivables
2 a. Belum jatuh tempo
265.255 19.648 172.118 392.272 849.293
Non Past Due
b. Telah jatuh tempo
45.877 9.877 33.261 114.564 203.579
Past Due
Cadangan kerugian
3 Individual 35.034 1.750 22.384 24.269 83.437
Losses - Individual
Cadangan kerugian
4 Kolektif 11.755 7.172 12.017 72.652 103.596
Losses - Collective
Tagihan yang dihapus buku
5 - 37.540 301.860 83.508 422.908
Claims written off

Tabel 1.5. Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi –

Bank secara individual Audited
Table 1.5. Disclosure of Receivables and Allowances by Economic Sector –
Bank, individually Audited
in million Rupiah)
Tagihan yang mengalami Cadangan Cadangan
penurunan nilai | kerugian kerugian
Impaired Receivables penurunan penurunan
Tagihan yang
nilai (CKPN) nilai (CKPN)
Sektor Ekonomi Tagihan | Belum dihapus buku |
No. - Individual | - Kolektif |
Economic Sector Receivable jatuh Telah jatuh Claims Written
Allowance for Allowance for
tempo tempo off
Impairment Impairment
Non Past Past Due Losses - Losses -
Due Individual Collective
(1) (2) (3) (4) (5) (6) (7) (8)
Pertanian, Perburuan dan
1 Kehutanan | Agricultures, 71.837 8.213 1.407 - 133 -
hunting and forestry
2 Perikanan | Fisheries 14.956 - - - 5 -
Pertambangan dan Penggalian |
3 115.491 - - - 38 -
Industri Pengolahan |
4 2.633.113 387.955 64.830 11.340 1.422 -
Manufacturing
Listrik, Gas, dan Air | Electricity,
5 22.367 - - - 7 -
Gas and Water
6 Konstruksi | Construction 491.751 73.418 8.333 4.686 922 -
Perdagangan Besar dan Eceran |
7 2.281.939 292.491 103.627 10.555 13.989 104.693
Wholesale and retail trading
Penyediaan Akomodasi dan
penyediaan makan minum |
8 603.117 317.049 - 8.850 2.479 -
Provision of accomodation and
food supply drinking
Transportasi, pergudangan dan
komunikasi |
9 515.735 1.613 34.190 18.003 1.069 -
Transportation, warehousing and
communications
Perantara keuangan | Financial
10 1.491.011 8.811 5.914 - 579 -
Intermediary
Real Estate, usaha persewaan
dan jasa perusahaan | Real
11 541.947 54.533 25.533 3.590 405 -
estate, Rental Business, and
services company
12 - - - - - -
Government administration
Jasa Pendidikan | Education
13 510 510 - - 6 -
services
Jasa Kesehatan dan Kegiatan
14 Sosial | Health and social 9.779 - - - 3 -
services
Jasa Kemasyarakatan,
Sosial Budaya, Hiburan dan
15 Perorangan lainnya | Community, 41.703 6.644 58 - 426 -
Sociocultural, Entertainment and
Other Individual Services
Jasa Perorangan yang melayani
16 Rumah Tangga | Individual - - - - - 16.604
services which serve households
Badan Internasional dan Badan
Ekstra Internasional Lainnya
17 - - - - - -
| Extra agency international
agency and other international
Kegiatan yang belum jelas
18 batasannya Business Activities | 91.430 - - - 30 -
which are not clearly defined
Bukan lapangan usaha | Credit
19 1.258.536 138.329 33.278 6.095 45.304 -
Recipients Non Industrial Origin
20 Lainnya | Others 7.030.433 - - - - -
Total 17.215.655 1.289.566 277.170 63.119 66.816 121.297

Tabel 1.5. Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi –
Bank secara individual Audited
Table 1.5. Disclosure of Receivables and Allowances by Economic Sector –
in million Rupiah)
Tagihan yang mengalami Cadangan Cadangan
penurunan nilai | kerugian kerugian
Impaired Receivables penurunan penurunan
Tagihan yang
nilai (CKPN) nilai (CKPN)
Sektor Ekonomi Tagihan | Belum dihapus buku |
No. - Individual | - Kolektif |
Economic Sector Receivable jatuh Telah jatuh Claims Written
Allowance for Allowance for
tempo tempo off
Impairment Impairment
Non Past Past Due Losses - Losses -
Due Individual Collective
(1) (2) (3) (4) (5) (6) (7) (8)
Pertanian, Perburuan dan
1 Kehutanan | Agricultures, 9.071 - - - 4 -
hunting and forestry
2 Perikanan | Fisheries 14.887 - - - 7 -
Pertambangan dan Penggalian |
3 65.368 - - - 30 -
Industri Pengolahan |
4 2.929.349 276.033 9.315 9.654 5.800 -
Manufacturing
Listrik, Gas, dan Air | Electricity,
5 - - - - - -
Gas and Water
6 Konstruksi | Construction 384.894 85 1.150 108 170 -
Perdagangan Besar dan Eceran |
7 2.722.910 249.270 119.503 4.484 24.536 107.284
Wholesale and retail trading
Penyediaan Akomodasi dan
penyediaan makan minum |
8 979.077 - - 38 404 -
Provision of accomodation and
food supply drinking
Transportasi, pergudangan dan
komunikasi |
9 770.479 6.961 13.006 6.865 2.914 -
Transportation, warehousing and
communications
Perantara keuangan | Financial
10 1.574.423 109.915 22.009 39.858 767 -
Intermediary
Real Estate, usaha persewaan
dan jasa perusahaan | Real
11 463.062 37.040 27.026 16.953 302 -
estate, Rental Business, and
services company
12 - - - - - -
Government administration
Jasa Pendidikan | Education
13 607 - - - - -
services
Jasa Kesehatan dan Kegiatan
14 Sosial | Health and social 35.498 139 - - 109 -
services
Jasa Kemasyarakatan,
Sosial Budaya, Hiburan dan
15 Perorangan lainnya | Community, 61.125 9.538 783 - 1.979 89
Sociocultural, Entertainment and
Other Individual Services
Jasa Perorangan yang melayani
16 Rumah Tangga | Individual 42 - - - - 315.534
services which serve households
Badan Internasional dan Badan
Ekstra Internasional Lainnya
17 - - - - - -
| Extra agency international
agency and other international
Kegiatan yang belum jelas
18 batasannya Business Activities | - - - - - -
which are not clearly defined
Bukan lapangan usaha | Credit
19 1.554.578 160.312 10.788 5.477 66.574 -
Recipients Non Industrial Origin
20 Lainnya | Others 5.620.979 - - - 1 -
Total 17.186.349 849.293 203.580 83.437 103.597 422.907

Tabel 1.6. Pengungkapan Rincian Mutasi Cadangan Kerugian Penurunan Nilai

Table 1.6. Disclosure of Changes in Allowances for Imparment Losses –
in million Rupiah
31 Desember 2018 31 Desember 2017
December 31, 2018 December 31, 2017
Keterangan CKPN Individual CKPN Kolektif CKPN Individual CKPN Kolektif
No. Allowance for Allowance for Allowance for Allowance for
Description
Impairment Impairment Impairment Impairment
Losses - Losses - Losses - Losses -
Individual Collective Individual Collective
(1) (2) (3) (4) (5) (6)
Saldo Awal CKPN | Beginning Balance -
1 207.193 136.636 211.097 68.318
Allowance for Impairment Losses
Pembentukan (pemulihan) CKPN pada
periode berjalan (Net) | Additional/
(80.953) (3.000) (3.904) 68.318
reversal allowance for impairment losses
during the year (Net)
2.a Pembentukan CKPN pada periode
2
berjalan | Additional allowance for 63.120 66.818 103.596 422.907
impairment losses during the year
2.b Pemulihan CKPN pada periode
berjalan | Reversal allowance for (144.073) (69.818) (107.500) (354.589)
impairment losses during the year
CKPN yang digunakan untuk melakukan
hapus buku atas tagihan pada periode
3 berjalan | Allowance for impairment losses - - - -
used for write off receivables during the
year
Pembentukan (pemulihan) lainnya pada
periode berjalan | Other additional
4 - - - -
(reversal)
of allowance during the year
Saldo Akhir CKPN | Ending Balance -
126.240 133.636 207.193 136.636
Allowance for Impairment Losses
g. Risiko Kredit dengan Pendekatan g. Credit Risk Standard Approach

Standar
Pelaporan Pendekatan Standar oleh Bank The standard approach to reporting by

saat ini tidak menggunakan peringkat the Bank does not currently use external
eksternal terhadap kategori portfolio, ratings for the category of portfolio,
posisi eksposur risiko kredit Bank credit risk exposure position of the
berdasarkan peringkat seperti terlihat Bank based on ratings as shown in the
pada tabel berikut: following table:

Tabel 2.1. Pengungkapan Tagihan Bersih Berdasarkan kategori Portofolio dan Skala Peringkat
Table 2.1. Disclosure of Net Receivables by Portfolio Category and Ranking – Bank, individually Audited
Lembaga
Pemeringkat Peringkat Jangka Panjang
Rating Long-Term Rating
Agencies
Standard and BBB+ s.d

AAA AA+ s.d AA- A+ s.d A- BB+ s.d BB-
Poor’s BBB-
BBB+ s.d
Fitch Rating AAA AA+ s.d AA- A+ s.d A- BB+ s.d BB-
Kategori Portofolio BBB-
No.
Portfolio Category
Baa1 s.d
Moody’s Aaa Aa1 s.d Aa3 A1 s.d A3 Ba1 s.d Ba3
Baa3
BBB+(idn)
AA+(idn) s.d A+(idn) s.d BB+(idn) s.d
PT. Fitch Rating AAA (idn) s.d BBB-
AA-(idn) A-(idn) BB-(idn)
(idn)
PT. ICRA (idr)AA+ s.d (idr)A+ s.d (idr)BBB+ (idr)BB+ s.d

(idr)AAA
Indonesia (idr)AA- (idr)A- s.d (idr)BBB- (idr)BB-
PT. Pemeringkat idAA+ s.d id BBB+ s.d id BB+ s.d id

idAAA idA+ s.d idA-
Efek Indonesia idAA- id BBB- BB-
(1) (2) (3) (4) (5) (6) (7) (8)

Tagihan Kepada Pemerintah
1 4.109.954 - - - -
Claims on Government/Sovereign
Tagihan Kepada Entitas Sektor Publik
2 101.362 - 143.010 - -
Claims on Public Sector Entities
3 - - - - -
Claims on Multilateral Development
Banks and International Entities
4 Tagihan Kepada Bank | Claims on Banks 223.137 - - - -
Kredit Beragun Rumah Tinggal
5 - - - - -
Claims Secured by Residential Property
Kredit Beragun Properti Komersial
6 - - - - -
Secured by Commercial Real Estate
Kredit Pegawai/Pensiunan
7 - - - - -
Claims on Pension Loans
8 - - - - -
Claims on Micro, Small, and Retail
Portfolio
Tagihan Kepada Korporasi
9 180.597 - 37.311 - -
Claims on Corporates
Tagihan yang Telah Jatuh Tempo
10 - - - - -
Claims on Past Due Exposures
11 Aset Lainnya | Other Assets - - - - -
12 - - - - -
(apabila ada) | Sharia Exposures (if Any)
Total 4.615.051 - 180.321 - -


Tagihan Bersih | Net Receivables
Peringkat Jangka Pendek

Short-Term Rating
Kurang dari Kurang dari

B+ s.d B- Less than A-1 A-2 A-3 Less than
B- A-3
B+ s.d B- Less than F1+ s.d F1 F2 F3 Less than
B- F3 Tanpa Peringkat
Total
Kurang dari Kurang dari Unrated
B1 s.d B3 Less than P-1 P-2 P-3 Less than
B3 P-3
B+(idn) s.d F1+(idn) s.d
Less than F2(idn) F3(idn) Less than
B-(idn) F1(idn)
B-(idn) F3(idn)
(idr)B+ s.d (idr)A1+ s.d (idr)A2+ s.d (idr)A3+ s.d
Less than Less than
(idr)B- (idr)A1 (idr)A2 (idr)A3
(idr)B- (idr)A3
id B+ s.d
Less than idA1 idA2 idA3 s.d A4 Less than
id B-
id B- idA4
(9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - - 4.109.954
- - - - - - - 244.372
- - - - - - - -
- - - - - - 354.557 577.694
- - - - - - - -
- - - - - - 118.171 118.171
- - - - - - - -
- - - - - - 2.268.721 2.268.721
- - - - - - 7.253.287 7.471.195
- - - - - - 441.084 441.084
- - - - - - 1.984.463 1.984.463
- - - - - - - -
- - - - - - 12.420.283 17.215.655

Tabel 2.1. Pengungkapan Tagihan Bersih Berdasarkan kategori Portofolio dan Skala Peringkat
Table 2.1. Disclosure of Net Receivables by Portfolio Category and Ranking – Bank, individually Audited
Lembaga
Pemeringkat Peringkat Jangka Panjang
Rating Long-Term Rating
Agencies
Standard and BBB+ s.d

AAA AA+ s.d AA- A+ s.d A- BB+ s.d BB-
Poor’s BBB-
BBB+ s.d
Fitch Rating AAA AA+ s.d AA- A+ s.d A- BB+ s.d BB-
Kategori Portofolio BBB-
No.
Portfolio Category
Baa1 s.d
Moody’s Aaa Aa1 s.d Aa3 A1 s.d A3 Ba1 s.d Ba3
Baa3
BBB+(idn)
AA+(idn) s.d A+(idn) s.d BB+(idn) s.d
PT. Fitch Rating AAA (idn) s.d BBB-
AA-(idn) A-(idn) BB-(idn)
(idn)
PT. ICRA (idr)AA+ s.d (idr)A+ s.d (idr)BBB+ (idr)BB+ s.d

(idr)AAA
Indonesia (idr)AA- (idr)A- s.d (idr)BBB- (idr)BB-
PT. Pemeringkat idAA+ s.d id BBB+ s.d id BB+ s.d id

idAAA idA+ s.d idA-
Efek Indonesia idAA- id BBB- BB-
(1) (2) (3) (4) (5) (6) (7) (8)

1 3.819.061 - - - -
2 182.125 - - - -
3 - - - - -
4 Tagihan Kepada Bank | Claims on Banks 236.021 - - - -
5 - - - - -
6 - - - - -
Secured by Commercial Real Estate
7 - - - - -
8 - - - - -
Portfolio
9 102.084 - - - -
10 - - - - -
11 Aset Lainnya | Other Assets - - - - -
12 - - - - -
(apabila ada) | Sharia Exposures (if Any)
Total 4.339.291 - - - -


Tagihan Bersih | Net Receivables
Peringkat Jangka Pendek

Short-Term Rating

B+ s.d B- Less than A-1 A-2 A-3 Less than
B- A-3
B+ s.d B- Less than F1+ s.d F1 F2 F3 Less than
B- F3 Tanpa Peringkat
Total
Kurang dari Kurang dari Unrated
B1 s.d B3 Less than P-1 P-2 P-3 Less than
B3 P-3
B+(idn) s.d F1+(idn) s.d
Less than F2(idn) F3(idn) Less than
B-(idn) F1(idn)
B-(idn) F3(idn)
(idr)B+ s.d (idr)A1+ s.d (idr)A2+ s.d (idr)A3+ s.d
Less than Less than
(idr)B- (idr)A1 (idr)A2 (idr)A3
(idr)B- (idr)A3
id B+ s.d
Less than idA1 idA2 idA3 s.d A4 Less than
id B-
id B- idA4
(9) (10) (11) (12) (13) (14) (15) (16)
- - - - - - 50.000 3.869.061
- - - - - - - 182.125
- - - - - - - -
- - - - - - 370.706 606.727
- - - - - - 248.933 248.933
- - - - - - 165.948 165.948
- - - - - - - -
- - - - - - 2.397.029 2.397.029
- - - - - - 7.960.606 8.062.690
- - - - - - 557.276 557.276
- - - - - - 1.096.561 1.096.561
- - - - - - - -
- - - - - - 12.847.059 17.186.350

Pengungkapan Risiko Kredit Pihak Lawan Disclosure of Counterparty Credit Risk
(Counterparty Credit Risk)
Bank memiliki eksposur derivative yang tidak terlalu The Bank has derivative exposures in amounts that
significan, dengan porsi terbesar adalah pada transaksi are not significant, the largest portion being the swap
fx swap dengan Bank lain, sedangkan eksposur forex transactions with other banks, and interest
derivatif suku bunga berasal dari transaksi interest rate derivative exposure from swap interest rate
rate swap. Posisi transaksi reverse repo adalah dengan transactions. Reverse repo transactions are conducted
bank lain dan korporasi Bank Indonesia, sedangkan with other banks and with corporate Bank Indonesia,
transaksi repo adalah dengan bank lain dengan while repo transactions are transactions with other
underlying Obligasi Pemerintah maupun SBI. banks with Government Bonds and SBI as underlying
securities.
Berdasarkan pelaporan Pendekatan Standar, eskposur Based on reporting with Standardized Approach, the
Bank di transaksi derivatif, repo dan reverse repo Bank’s exposures in derivative, repo and reverse repo
adalah sebagai berikut: transactions are as follow:
a. Transaksi Derivatif Over The Counter a. Over the Counter Derivative Transactions
Tabel 2.2. Pengungkapan Risiko Kredit Pihak Lawan (Counterparty Credit Risk)
Tabel 2.2. Disclosure of Counterparty Credit Risk
a. Transaksi Derivatif Over The Counter Audited - Bank secara Individu

Over the Counter Derivative Transactions Audited - Bank, individually
Notional Amount Tagihan

Variabel yang Tagihan Kewajiban Tagihan Bersih Bersih
No.
Mendasari > 1 tahun s.d. Derivatif Derivatif sebelum MRK MRK setelah
≤ 1 tahun 5 tahun > 5 tahun Derivative Derivative Net Claim CRM MRK
≤ 1 year > 1 year s.d. > 5 year Claims Liabilities Before CRM Net Claim
5 year after CRM
BANK SECARA INDIVIDUAL

BANK INDIVIDUALLY
1 Suku Bunga - - - - - - - -
2 Nilai Tukar 2.407.857 - - 11.324 640 11.324 8 11.438
3 Lainnya - - - - - - - -
Total 2.407.857 - - 11.324 640 11.324 8 11.438

(dalam jutaan Rupiah | in million

Rupiah)
Notional Amount Tagihan

Tagihan Kewajiban Tagihan Bersih Bersih
Underlying Variables
> 1 tahun s.d. Derivatif Derivatif sebelum MRK MRK setelah
≤ 1 tahun 5 tahun > 5 tahun Derivative Derivative Net Claim CRM MRK
≤ 1 year > 1 year s.d. > 5 year Claims Liabilities Before CRM Net Claim
5 year after CRM
- - - - - - - - Interest Rate
2.036.199 - - 810 362 810 8 818 Exchange Rate
- - - - - - - - Others
2.036.199 - - 810 362 810 8 818 Total

b. Transaksi Repo b. Repo Transactions
b. Transaksi Repo - Bank secara Individual Audited

Repo Transactions - Bank, individually Audited
No. Kategori Portofolio Nilai Wajar SSB Repo Kewajiban Repo Tagihan Bersih ATMR
Fair Value of SSB Repo Repo Liabilities Net Claim RWA
(1) (2) (3) (4) (5) (6)

1 Tagihan Kepada Pemerintah - - - -
2 Tagihan Kepada Entitas Sektor Publik - - - -
3 - - - -
4 Tagihan Kepada Bank - - - -
Tagihan Kepada Usaha Mikro, Usaha Kecil
5 - - - -
dan Portofolio Ritel
6 Tagihan Kepada Korporasi - - - -
Eksposur di Unit Usaha Syariah (apabila
7 - - - -
ada)
Total - - - -
c. Transaksi Reverse Repo c. Reverse Repo Transactions
c. Transaksi Revers Repo - Bank secara Individual Audited

Reverse Repo Transactions - Bank, Individually
No. Kategori Portofolio Nilai Wajar SSB Repo Kewajiban Repo Tagihan Bersih ATMR
(1) (2) (3) (4) (5) (6)

1 Tagihan Kepada Pemerintah - - - -
2 Tagihan Kepada Entitas Sektor Publik - - - -
3 - - - -
4 Tagihan Kepada Bank - - - -
Tagihan Kepada Usaha Mikro, Usaha Kecil
5 - - - -
dan Portofolio Ritel
6 Tagihan Kepada Korporasi - - - -
Eksposur di Unit Usaha Syariah (apabila
7 - - - -
ada)
Total - - - -


Nilai Wajar SSB Repo Kewajiban Repo Tagihan Bersih ATMR Portfolio Category
(3) (4) (5) (6)

- - - - Claims on Government/Sovereign
- - - - Claims on Public Sector Entities
Claims on Multilateral Development Banks and
- - - -
International Entities
- - - - Claims on Banks
- - - - Claims on Micro, Small, and Retail Portfolio
- - - - Claims on Corporates
- - - - Sharia Exposures (if any)
- - - - Total

Nilai Wajar SSB Repo Kewajiban Repo Tagihan Bersih ATMR Portfolio Category
(3) (4) (5) (6)

- - - - Claims on Government/Sovereign
- - - - Claims on Public Sector Entities
Claims on Multilateral Development Banks and
- - - -
International Entities
- - - - Claims on Banks
- - - - Claims on Micro, Small, and Retail Portfolio
- - - - Claims on Corporates
- - - - Sharia Exposures (if any)
- - - - Total

h. Mitigasi Risiko Kredit dengan h. Credit Risk Mitigation using Standard
menggunakan Pendekatan Standar Approach
Bank menggunakan berbagai teknik The Bank uses various credit risk
mitigasi risiko kredit, antara lain melalui mitigation techniques, such as through
agunan. Berdasarkan pelaporan collateral. Standards based reporting
Pendekatan Standar, eksposur Bank dan approach, Bank exposure and credit risk
mitigasi risiko kredit yang digunakan mitigation used by the collateral as a
dengan agunan sebagai secondary way secondary way out in the event that the
out dalam hal debitur tidak mampu debtor is unable to restore its obligations,
mengembalikan kewajibannya, adalah is as follows:
sebagai berikut:
1. Kebijakan, prosedur dan proses 1. Policies, procedures and processes
untuk menilai dan mengelola to assess and manage the collateral.
agunan. Kebijakan, prosedur dan Policies, procedures and processes
proses untuk menilai dan mengelola to assess and manage the collateral
agunan Bank sesuai dengan the Bank in accordance with
ketentuan/Peraturan Bank Indonesia the provisions/Bank Indonesia
yang berlaku dan telah dituangkan Regulation and have poured into the
kedalam kebijakan dan prosedur policies and procedures for appraisal
penilaian (appraisal) internal Bank. (appraisal) internal Bank.
2. Pihak pihak utama pemberi jaminan/ 2. The main party providers guarantee/
garansi dan kelayakan kredit warranty and creditworthiness
(credit worthiness) dari pihak-pihak (credit worthiness) of the parties.
tersebut. Credit worthiness (credit worthiness)
Kelayakan kredit (credit worthiness) is ability the company to meet its
adalah kemampuan perusahaan credit obligations. The main focus
untuk memenuhi kewajiban lies on the analysis of credit risk, not
kreditnya. Fokus utama analisis profitability. Credit analysis focuses
kredit terletak pada risiko, bukan on the downside risk, not the
profitabilitas. Analisis kredit berfokus potential good side. This includes
pada sisi buruk risiko, bukan sisi analysis of liquidity and solvency.
baik potensi. Hal ini meliputi analisis Credit analysis tools and criteria
likuiditas maupun solvabilitas. for the assessment of a variety of
Alat analisis kredit dan kriterianya conditions (maturity date), the type
untuk penilaian beragam ketentuan and purpose of the contract debts.
(tangggal jatuh tempo), jenis, dan
tujuan kontrak utangnya.
3. Informasi tingkat konsentrasi yang 3. Information arising from the

ditimbulkan dari penggunaan teknik concentration levels of the use of
mitigasi risiko kredit. credit risk mitigation techniques.

Pengungkapan konsentrasi berdasarkan Disclosure of concentrations based on

penggunaan teknik mitigasi risiko kredit the use of risk mitigation techniques
adalah Bank memiliki konsentrasi pada are credit Bank has a concentration in
tagihan korporasi. Bank melakukan corporate bill. The Bank manages credit
pengelolaan risiko konsentrasi kredit risk by determining the concentration
dengan menentukan limit untuk sektor limit for the industry sector to optimize
industry untuk mengoptimalkan alokasi the allocation of bank capital at a level
modal Bank pada suatu tingkat risiko/ of risk/risk appetite and risk tolerance is
risk appetite dan risk tolerance yang bisa acceptable.
diterima.
Dengan melaksanakan manajemen risiko By implementing a good credit risk

kredit yang baik dapat menghasilkan management can result in a healthy
pengelolaan kredit secara sehat dan credit management and prudent, so as
prudent, sehingga dapat memberikan to provide a good impact and bring a
dampak yang baik dan membawa arah positive direction for the Bank to make
positif bagi Bank untuk menjadikan the integrity and independence in the
integritas dan independensi dalam proses process of credit risk assessment in
penilaian risiko kredit dimaksud. question.

Tabel 3.1. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah memperhitungkan
Dampak Mitigasi Risiko Kredit – Bank secara Individual Audited
Table 3.1. Disclosure Net Receivables based on Risk Weighting, taking into account
the Credit Risk Mitigation Impact – Bank, individually Audited
Kategori Portofolio
No.
Portfolio Category
0% 20% 35%
(1) (2) (3) (4) (5)
A Eksposur Neraca | Balance Sheet Exposures
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign 4.109.954 - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities - 101.362 -
Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional
3 - - -
Claims on Multilateral Development Banks and International Entities
4 Tagihan Kepada Bank | Claims on Banks - 472.683 -
5 Kredit Beragun Rumah Tinggal | Claims Secured by Residential Property - - -
6 Kredit Beragun Properti Komersial | Claims Secured by Commercial Real Estate - - -
7 Kredit Pegawai/Pensiunan | Claims on Pension Loans - - -
Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel
8 9.918 - -
Claims on Micro, Small, and Retail Portfolio
9 Tagihan Kepada Korporasi | Claims on Corporates 234.579 180.597 -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures 65.429 - -
11 Aset Lainnya | Other Assets - - -
12 Eksposur di Unit Usaha Syariah (apabila ada) | Sharia Exposures (if any) - - -
Total Eksposur Neraca | Total Balance Sheet Exposures 4.419.880 754.643 -
Ekposur Kewajiban/Kontinjensi pada Transaksi Rekening Administratif
B
Commitment and Contigencies Liabilities Exposures on Administrative Account
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign - - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities - - -
3 - - -
4 Tagihan Kepada Bank | Claims on Banks - - -
8 70.539 - -
9 Tagihan Kepada Korporasi | Claims on Corporates - - -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures - - -
Total Eksposur TRA | Total Off Balance Sheet Exposures 70.539 - -
C Eksposur Akibat Kegagalan Pihak Lawan | Counterparty Credit Risk
3 - - -
5 - - -
Total Eksposur Counterparty Credit Risk | Total Exposures - Counterparty Credit
- 11.439 -
Risk


Tagihan Bersih Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit
ATMR Beban Modal
Net Receivable After Credit Risk Mitigation
RWA Capital Charge
Lainnya
40% 45% 50% 75% 100% 150%
Others
(6) (7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - - -
- - 143.010 - - - - 91.778 7.342
- - - - - - - - -
- - 98.021 - - - - 143.547 11.484

- - - - - - - - -
- - - - 118.171 - - 118.171 9.454
- - - - - - - - -
- - - 2.258.804 - - - 1.694.103 135.528
- - 37.311 - 7.018.708 - - 7.073.482 565.879

- - - - 55.463 320.192 535.751 42.860
- - - - - - 1.993.185 1.993.185 159.455
- - - - - - - - -
- - 278.342 2.258.804 7.192.341 320.192 1.993.185 11.650.017 932.002
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - 70.729 - - - 53.046 4.244
- - - - 40.670 - - 40.670 3.254

- - - - - - - - -
- - - - - - - - -
- - - 70.729 40.670 - - 93.716 7.498
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - 2.288 183
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - 2.288 183

Tabel 3.1. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah memperhitungkan
Dampak Mitigasi Risiko Kredit – Bank secara Individual Audited
Table 3.1. Disclosure Net Receivables based on Risk Weighting, taking into account
the Credit Risk Mitigation Impact – Bank, individually Audited
Kategori Portofolio
No.
Portfolio Category
0% 20% 35%
(1) (2) (3) (4) (5)
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign 3.869.061 - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities - 182.125 -
3 - - -
5 Kredit Beragun Rumah Tinggal | Claims Secured by Residential Property - - 148.399
8 17.604 - -
9 Tagihan Kepada Korporasi | Claims on Corporates 122.681 102.084 -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures 61.732 - -
11 Aset Lainnya | Other Assets - - -
Total Eksposur Neraca | Total Balance Sheet Exposures 4.071.078 784.370 148.399
Ekposur Kewajiban/Kontinjensi pada Transaksi Rekening Administratif
B
Commitment and Contigencies Liabilities Exposures on Administrative Account
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities 50 - -
3 - - -
4 Tagihan Kepada Bank | Claims on Banks - - -
8 - - -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures - - -
Total Eksposur TRA | Total Off Balance Sheet Exposures 50 - -
3 - - -
4 Tagihan Kepada Bank | Claims on Banks - 819 -
5 - - -
Total Eksposur Counterparty Credit Risk | Total Exposures - Counterparty Credit
- 819 -
Risk


Tagihan Bersih Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit
ATMR Beban Modal
Net Receivable After Credit Risk Mitigation
RWA Capital Charge
Lainnya
40% 45% 50% 75% 100% 150%
Others
(6) (7) (8) (9) (10) (11) (12) (13) (14)
- - - - - - - - -
- - - - - - - 36.425 2.914
- - - - - - - - -
- - 69.578 - - - - 134.821 10.786

64.019 35.172 - - - - - 93.375 7.470
- - - - 165.948 - - 165.948 13.276
- - - - - - - - -
- - - 2.379.425 - - - 1.784.569 142.766
- - - - 7.837.925 - - 7.858.342 628.667

- - - - 64.967 430.577 710.833 56.867
- - - - - - 1.030.788 1.030.788 82.463
- - - - - - - - -
64.019 35.172 69.578 2.379.425 8.068.840 430.577 1.030.788 11.815.101 945.209
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - 116.197 - - - 87.148 6.972
- - - - 192.529 - - 192.529 15.402

- - - - - - - - -
- - - - - - - - -
- - - 116.197 192.529 - - 279.677 22.374
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - - -
- - - - - - - 164 13
- - - - - - - - -
- - - - - - - - -
- - - - - - - 164 13

Tabel 3.2. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Individual Audited
Table 3.2. Disclosure of Net Receivables and Credit Risk Mitigation Technique – Bank, Individually Audited

Bagian Yang Dijamin Dengan
Tagihan Portion Secured By
Kategori Portofolio
No. Bersih Asuransi
Portfolio Category
Net Agunan Garansi Kredit
Receivable Collateral Guarantee Credit
Insurance
(1) (2) (3) (4) (5) (6)
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign 4.109.954 - - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities 244.373 - - -
3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional - - - -
4 Tagihan Kepada Bank | Claims on Banks 577.694 6.990 - -
5 Kredit Beragun Rumah Tinggal | Claims Secured by Residential Property - - - -
6 Kredit Beragun Properti Komersial | Claims Secured by Commercial Real 118.171 - - -
Estate
7 Kredit Pegawai/Pensiunan | Claims on Pension Loans - - - -
8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel 2.268.721 9.918 - -
9 Tagihan Kepada Korporasi | Claims on Corporates 7.471.195 234.579 - -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures 441.084 65.429 - -
11 Aset Lainnya | Other Assets 1.984.463 - - -
12 Eksposur di Unit Usaha Syariah (apabila ada) | Sharia Exposures (if any) - - - -
Total Eksposur Neraca | Total Balance Sheet Exposures 17.215.655 316.916 - -
B Ekposur Rekening Administratif | Exposures on Administrative
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign - - - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities - - - -
4 Tagihan Kepada Bank | Claims on Banks - - - -
5 Kredit Beragun Rumah Tinggal | Claims Secured by Residential Property - - - -
6 Kredit Beragun Properti Komersial | Claims Secured by Commercial Real - - - -
Estate
7 Kredit Pegawai/Pensiunan | Claims on Pension Loans - - - -
8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel 141.268 - - -
9 Tagihan Kepada Korporasi | Claims on Corporates 96.963 56.293 - -
10 Tagihan yang Telah Jatuh Tempo | Claims on Past Due Exposures - - - -
Total Eksposur Rekening Administratif 238.231 56.293 - -
Total Off Balance Sheet Exposures
1 Tagihan Kepada Pemerintah | Claims on Government/Sovereign - - - -
2 Tagihan Kepada Entitas Sektor Publik | Claims on Public Sector Entities - - - -
4 Tagihan Kepada Bank | Claims on Banks 11.325 - - -
5 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel - - - -
6 Tagihan Kepada Korporasi | Claims on Corporates - - - -
Total Eksposur Counterparty Credit risk 11.325 - - -
Total Exposures - Counterparty Credit Risk
Total (A+B+C) 17.465.211 373.209 - -


Bagian Yang Dijamin Dengan
Tagihan Portion Secured By
Bagian Yang Tidak Bagian Yang Tidak
Bersih Asuransi
Dijamin Dijamin
Lainnya Net Agunan Garansi Kredit Lainnya
Unsecured Portion Unsecured Portion
Others Receivable Collateral Guarantee Credit Others
Insurance
(7) (8)=(3)-[(4)+(5)+(6)+(7)] (3) (4) (5) (6) (7) (8)=(3)-[(4)+(5)+(6)+(7)]
4.109.954 - 3.869.061 - - - 3.869.061 -

- 244.373 182.125 - - - - 182.125
- - - - - - - -
- 570.704 606.727 36.988 - - - 569.739
- - 248.933 1.342 - - - 247.591
- 118.171 165.948 - - - - 165.948
- - - - - - - -
- 2.258.803 2.397.029 17.604 - - - 2.379.425
- 7.236.616 8.062.690 122.681 - - - 7.940.009
- 375.655 557.276 61.732 - - - 495.544
- 1.984.463 1.096.561 - - - - 1.096.561
- - - - - - - -
4.109.954 12.788.785 17.186.350 240.347 - - 3.869.061 13.076.942
- - - - - - - -
- - 50 - - - - 50
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- 141.268 116.197 - - - - 116.197
- 40.670 193.796 1.267 - - - 192.529
- - - - - - - -
- - - - - - - -
- 181.938 310.043 1.267 - - - 308.776
- - 294.885 - - - - 294.885
- - - - - - - -
- - - - - - - -
- 11.325 810 - - - - 810
- - - - - - - -
- - - - - - - -
- - - - - - - -
- 11.325 295.695 - - - - 295.695
4.109.954 12.982.048 17.792.088 241.614 - - 3.869.061 13.681.413

i. Pengungkapan Sekuritisasi Aset i. Disclosure of Asset Securitization
Per 31 Desember 2018 dan 31 Desember As of December 31, 2018 and December
2017, Bank tidak mempunyai eksposur 31, 2017, the Bank has no exposure to the
pada pengungkapan terkait. related disclosures.
j.
Pengungkapan Perhitungan j. Calculation of Risk Weighted Assets
ATMR untuk Risiko Kredit dengan (RWA) for Credit Risk
menggunakan pendekatan Standar Policy for calculation of risk-weighted
Kebijakan untuk perhitungan aset assets for credit risk is performed with
tertimbang menurut risiko untuk risiko the Standard Approach that refers to the
kredit dilakukan dengan Standard regulatory provision.
Approach yang mengacu pada ketentuan
Bank Indonesia/OJK.
Tabel 4.1. Pengungkapan Eksposur Aset di Neraca Audited

Table 4.1. Disclosure of Exposure of Assets in the Balance Sheet Audited (dalam jutaan Rupiah |
in million Rupiah)
ATMR
ATMR ATMR
Kategori Portofolio ATMR Sebelum
No. Tagihan Sebelum Tagihan Setelah
Portfolio Category Setelah MRK MRK
Bersih MRK Bersih MRK
RWA After RWA
Net RWA Before Net RWA After
Credit Risk Before
Receivable Credit Risk Receivable Credit Risk
Mitigation Credit Risk
Mitigation Mitigation
Mitigation
(1) (2) (3) (4) (5) (3) (4) (5)
1 4.109.954 - - 3.869.061 - -
Tagihan Kepada Entitas Sektor
2 Publik 244.373 91.778 91.778 182.125 36.425 36.425
Multilateral dan Lembaga
3 Internasional - - - - - -
Tagihan Kepada Bank
4 577.694 147.042 143.547 606.727 153.315 134.821
Claims on Banks
5 Claims Secured by Residential - - - 248.933 93.960 93.375
Property
6 Claims Secured by Commercial Real 118.171 118.171 118.171 165.948 165.948 165.948
Estate
7 - - - - - -
8 2.268.721 1.701.541 1.694.103 2.397.029 1.797.772 1.784.569
Portfolio
9 7.471.195 7.308.062 7.073.482 8.062.690 7.981.023 7.858.342
10 441.084 633.895 535.751 557.276 803.431 710.833
11 Aset Lainnya | Other Assets 1.984.463 - 1.993.185 1.096.561 - 1.030.788
Total 17.215.655 10.000.489 11.650.017 17.186.350 11.031.874 11.815.101

Tabel 4.2. Pengungkapan Eksposur Kewajiban Komitmen Kontinjensi

pada Transaksi Rekening Administrasi Audited
Table 4.2. Disclosure of Exposure to Commitment Contingencies
Liabilities in Administrative Account Transactions Audited (dalam jutaan Rupiah |
in million Rupiah)
ATMR ATMR
ATMR ATMR
Kategori Portofolio Sebelum Sebelum
No. Tagihan Setelah Tagihan Setelah
Portfolio Category MRK MRK
RWA RWA
Net RWA After Net RWA After
Before Before
Credit Risk Credit Risk
(1) (2) (3) (4) (5) (3) (4) (5)
1 - - - - - -
2 - - - 50 25 -
3 - - - - - -
Tagihan Kepada Bank
4 - - - - - -
Claims on Banks
5 - - - - - -
6 Claims Secured by Commercial Real - - - - - -
Estate
7 - - - - - -
8 141.268 105.951 53.046 116.197 87.148 87.148
Portfolio
9 96.963 96.963 40.670 193.796 193.796 192.529
10 - - - - - -
Total 238.231 202.914 93.716 310.043 280.969 279.677

Tabel. 4.3. Pengungkapan Eksposure yang Menimbulkan Risiko Kredit
akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Audited
Table 4.3. Disclosure of Exposure due to the Counterparty Credit Risk Audited (dalam jutaan Rupiah |
in million Rupiah)
ATMR ATMR
ATMR ATMR
Kategori Portofolio Sebelum Sebelum
No. Tagihan Setelah Tagihan Setelah
Portfolio Category MRK MRK
RWA RWA
Net RWA After Net RWA After
Before Before
Credit Risk Credit Risk
(1) (2) (3) (4) (5) (3) (4) (5)
1 - - - 294.885 - -
2 - - - - - -
3 - - - - - -
Tagihan Kepada Bank
4 11.325 2.265 2.288 810 162 164
Claims on Banks
5 - - - - - -
Portfolio
6 - - - - - -
Total 11.325 2.265 2.288 295.695 162 164
Tabel 4.4. Pengungkapan Total Pengukuran Risiko Kredit

Table 4.4. Disclosure of Total Credit Risk Measurement
TOTAL ATMR RISIKO KREDIT | RISK WEIGHTED ASSETS CREDIT RISK 11.746.022 12.094.941
FAKTOR PENGURANG MODAL | TOTAL CAPITAL DEDUCTION FACTOR - -
2. Risiko Pasar 2. Market Risk

Risiko Pasar adalah risiko yang timbul akibat Market Risk is arising from market variables
pergerakan variabel pasar dari portofolio yang movement on Bank’s portfolio, both cash and
dimiliki oleh Bank baik transaksi tunai maupun derivative transactions, which can adversely
transaksi derivatif, yang dapat merugikan affect the Bank. Market variables comprise of
Bank. Yang termasuk dalam variabel pasar interest rates, exchange rates, stock prices, and
adalah suku bunga, nilai tukar, harga saham, commodity prices, including the derivatives
dan harga komoditas termasuk turunan dari from the aforementioned variables.
variable-variabel tersebut.
a. Organisasi manajemen risiko pasar a. Market risk management organization
dilakukan oleh Divisi Treasury & Capital is conducted by the Treasury & Capital
Market dan Divisi Operasi & Kredit Market Division and the Operations &
Administrasi sebagai first line of defense, Credit Administration Division as the first
RMD sebagai second line of defence dan line of defense, RMD as the second line of
Divisi Audit Internal sebagai third line of defense and the Internal Audit Division as
defence. the third line of defense.

b. Perhitungan Risiko Suku Bunga dengan b. Interest Rate Risk Calculation by standard
metode standar dilakukan terhadap method is applied to the position of
posisi semua instrumen keuangan all financial instruments classified as
yang tergolong dalam Trading Book Trading Books subject to Interest Rate
yang terkena Risiko Suku Bunga, dan Risk, and Foreign currency exposure risk
Perhitungan risiko nilai tukar mata uang calculation by standard method is applied
asing dengan metode standar dilakukan to foreign currency position exposed to
pada posisi devisa yang terkena Risiko Foreign Currency Risk.
Mata Uang Asing.
c. Faktor risiko yang dipertimbangkan c. The risk factors considered in interest
dalam risiko suku bunga dan nilai tukar rate and exchange rate risk in standard
dalam metode standar adalah: methods are:
- Risiko Spesifik dari sekuritas atau - Specific Risk from securities or
keuangan instrumen, terlepas dari financial instruments, regardless of
posisi panjang atau pendek. long or short positions,
- Risiko General Market keseluruhan - General Market Overall risk of the
portofolio, dimana posisi long atau portfolio, in which long positions or
posisi short dari sekuritas atau short positions of different securities
instrumen yang berbeda dapat or instruments can co-exist.
saling mengimbangi. - Calculation of exchange rate risk
- Perhitungan Risiko nilai tukar dan and interest rate is conducted for
suku bunga dilakukan untuk banking banking book and trading book in
book dan trading book dalam mata foreign currency.
uang asing.
d. Lingkup portofolio yang dihitung dalam d. The portfolio scope calculated in the
Capital Adequacy Ratio (CAR), antara Capital Adequacy Ratio (CAR), among
lain others:
- Posisi diadakan untuk dijual kembali - Positions are held for resale in the
dalam jangka pendek. short term.
- Posisi yang dimiliki untuk - Position held for short-term gain
mendapatkan keuntungan jangka from actual price movements and/or
pendek dari pergerakan harga aktual potential price movements.
dan/atau potensial.
- Instrumen derivatif yang terkait - Derivative instruments related to
dengan sekuritas atau tingkat suku securities or interest rates, such as
bunga, seperti Bond Forward, Opsi Bond Forward, Bond Option, Interest
Obligasi, Swap Suku Bunga, Swap Rate Swap, Swap Foreign Currency.
Mata Uang Asing.
- Semua efek hutang dengan tingkat - All debt securities with fixed or
bunga tetap atau mengambang. floating interest rates.
- Posisi devisa dalam trading book - Foreign exchange position in trading
dan banking book yang terkena book and banking book exposed to
risiko valuta asing. foreign exchange risk.
e. Interest Rate Risk in Banking Book e. Interest Rate Risk in Banking Book
(IRRBB) (IRRBB)
Melakukan analisa Interest Rate Risk in Carrying out Interest Rate Risk in Banking
Banking Book (IRRBB) yang didasarkan Book (IRRBB) analysis which based on
pada jadwal arus kas pada Bank. Jadwal Bank’s cash flow schedule. This particular
arus kas ini kemudian diukur tingkat cash flow schedule will be measured by
sensitivitasnya yang dapat menyebabkan its sensitivity to determine the potential
kerugian atau keuntungan apabila terjadi loss or gain should there is a change in
perubahan suku bunga. IRRBB ini terbagi interest rate. IRRBB itself is comprised of
menjadi dua pendekatan yaitu; two approaches;
1) Net Interest Margin (NIM)/Earning 1) Net Interest Margin (NIM)/
at Risk (EAR) yang menitikberatkan Earning at Risk (EAR), focusing on
pada tingkat pendapatan Bank pada Bank’s earning within short term
jangka pendek, yang pada umumnya perspective which is generally in 1
1 (satu) tahun. (one) year.

2) Economic Value of Equity memiliki 2) Economic Value of Equity, focusing
fokus pada perubahan nilai potensial on potential value change or
atau sensitivitas dari ekuitas apabila sensitivity of equity if there is a
terjadi perubahan suku bunga pada change in interest rate within longer
pada jangka waktu yang lebih time perspective.
panjang.
f. Langkah-langkah untuk mengantisipasi f. Some anticipation/risk mitigation
risiko pasar yang dilakukan Bank adalah: strategies from the Bank are as follows:
1) Bank mengoptimisasi struktur 1) The bank optimizes its Asset and
aset dan kewajibannya untuk Liability structure to curtail the risk
meminimalisir risiko dan and maximize the profit.
memaksimalkan keuntungan.
2) Meningkatkan Dana Pihak Ketiga 2) Increase the long term Third Party
(DPK) dengan jangka waktu panjang. Fund (DPK).
3) Memonitor perkembangan harga 3) Monitor the market price
pasar sekaligus memperkokoh development while strengthen
kebijakan pricing aktiva maupun the pricing policy of asset and
pasiva melalui forum rapat Assets liability through the Asset Liability
Liability Committee (ALCO) dengan Committee (ALCO) meeting to
membahas beberapa perhitungan discuss some strategic calculations
strategis seperti cost of fund, base such as the cost of fund, the base
lending rate dan perhitungan lending rate and other calculations.
lainnya. Dengan demikian, setiap Thus, any problems that occur in
permasalahan yang terjadi di dalam the Bank, especially with regard to
Bank khususnya yang berkaitan interest rate risk can be promptly
dengan risiko suku bunga dapat anticipated.
diantisipasi sedini mungkin.
4) Melakukan monitoring atas risk limits 4) Monitoring on risk limits and
dan aktivitas dari Divisi Treasury & Treasury and Institutional Banking
Capital Market secara harian dan Division activities on daily basis
melaporkannya kepada Direksi. which subsequently reported to the
Board of Directors.
5) Senantiasa melakukan monitoring 5) Continually monitoring the price
pergerakan harga dari portofolio movements of the Bank’s portfolio,
investasi Bank, sehingga dapat so as to immediately act as early as
segera diambil tindakan sedini possible should there be any adverse
mungkin jika terjadi indikasi indication.
merugikan.
6) Mengelola dan melakukan mitigasi 6)
Managing and mitigating
risiko konsentrasi dengan membuat concentration risk by imposing
aturan yang jelas mengenai batas robust directive on the transaction
transaksi mulai dari batas pemutus, including boundary limit, interbank
batas limit antarbank, limit dealer, limit, dealer limit, limit by economic
batas per sektor ekonomi, geografi sector, geography and others.
dan lain-lain.
7) Melakukan analisa yang mendalam 7) Conducting in-depth analysis
(rating, maturity, issuer, underlying (rating, maturity, issuer, underlying
transaction, dan lain-lain) sebelum transaction, etc) prior to investing.
melakukan investasi.

Tabel 5.1. Pengungkapan Risiko Pasar dengan Menggunakan Metode

Standar Audited
Table 5.1. Market Risk using the Standardized Method Audited
Bank Konsolidasi | Consolidated
No. Jenis Risiko Risk Type
Beban Modal Beban Modal
ATMR ATMR
Capital Capital
RWA RWA
Charge Charge
(1) (2) (3) (4) (5) (6)
1 Risiko Suku Bunga Interest Rate Risk
a. Risiko Spesifik - - a. Specific Risk
b. Risiko Umum - - b. General Risk
2 Risiko Nilai Tukar 4.708 58.852 Foreign Exchange Risk
3 Risiko Ekuitas *) - - Equity Risk *)
4 Risiko Komoditas *) - - Commodity Risk *)
5 Risiko Option - - Option Risk
Total 4.708 58.852 - - Total
*)
Untuk bank yang memiliki perusahaan anak yang memiliki eksposur risiko dimaksud
*)
For banks with subsidiaries having an exposure to such risk
Tabel 5.1. Pengungkapan Risiko Pasar dengan Menggunakan Metode

Standar Audited
Table 5.1. Market Risk using the Standardized Method Audited
Bank Konsolidasi | Consolidated
No. Jenis Risiko Risk Type
Beban Modal Beban Modal
ATMR ATMR
Capital Capital
RWA RWA
Charge Charge
(1) (2) (3) (4) (5) (6)
1 Risiko Suku Bunga Interest Rate Risk
a. Risiko Spesifik - - a. Specific Risk
b. Risiko Umum 8.525 106.568 b. General Risk
2 Risiko Nilai Tukar 5.347 66.834 Foreign Exchange Risk
3 Risiko Ekuitas *) - - Equity Risk *)
4 Risiko Komoditas *) - - Commodity Risk *)
5 Risiko Option - - Option Risk
Total 13.872 173.402 - - Total
*)
Untuk bank yang memiliki perusahaan anak yang memiliki eksposur risiko dimaksud
*)
For banks with subsidiaries having an exposure to such risk

Tabel 5.2. Pengungkapan Eksposure Interest Rate Risk in Banking Book (IRRBB) IDR
Table 5.2. Disclosure of Exposure Interest Rate Risk in Banking Book (IRRBB) IDR
Overnight 1 bulan - 3 bulan - 9 bulan -

≤ 1 bulan ≤ 3 bulan ≤ 6 bulan 6 bulan - ≤ 9 bulan ≤ 1Y
Total Overnight
Overnight 1 month to 3 month to 6 month to ≤ 9 month 9 month to
≤ 1 month ≤ 3 month ≤ 6 month ≤1Y
A Posisi Neto/GAP (3.896.924) (2.080.108) (4.570.096) (4.626.491) 301.233 298.805 321.180
Net Position/GAP
Overnight 1 bulan - 3 bulan - 6 bulan - ≤

Scenario ≤ 1 bulan ≤ 3 bulan ≤ 6 bulan 9 bulan
Shock Overnight Overnight ≤ 1 1 month to 3 month to 6 month to
month ≤ 3 month ≤ 6 month ≤ 9 month
B Asumsi Perubahan
Suku Bunga 4% 4% 4% 4% 4% 4%
Assumed Changes
in Interest Rate
C Angka Waktu
Dimana Gap Overnight 1 bulan - 3 bulan - 6 bulan - ≤
Secara Periodik ≤ 1 bulan ≤ 3 bulan ≤ 6 bulan 9 bulan
Berpengaruh Overnight Overnight ≤ 1
Times where the 1 month to 3 month to 6 month to
gap periodically month ≤ 3 month ≤ 6 month ≤ 9 month
has an effect
0,997 0,959 0,836 0,630 0,384

Total Shock Overnight Overnight ≤ 1 1 month to 3 month to 6 month to
D Risiko Suku Bunga
(NII) (398,956) 4% (82,975) (175,285) (154,633) 7,593 4,584
Interest Rate Risk
(NII)
398,956 -4% 82,975 175,285 154,633 (7,593) (4,584)
E Discounted Cash
Flow (5,596,512) (2,079,802) (4,560,042) (4,585,373) 295,107 288,479 305,354
Discounted Cash
Flow


1Y 1.5Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 15Y

>20Y
≤ 1.5Y ≤ 2Y ≤ 3Y ≤ 4Y ≤ 5Y ≤ 6Y ≤ 7Y ≤ 8Y ≤ 9Y ≤ 10Y ≤ 15Y ≤ 20Y
255,784 620,935 1,316,815 818,759 1,708,454 154,751 511,590 94,932 53,593 375,251 373,490 159,968 14,231
9 bulan -
≤ 1Y
9 month to
≤1Y
4%
9 bulan -
≤ 1Y
9 month to
≤1Y
0,137
9 bulan -
≤ 1Y
9 month to
≤1Y
1,760
(1,760)
237,311 556,179 1,118,506 648,134 1,263,348 106,885 326,912 56,674 29,898 195,665 154,373 43,787 2,093

Tabel 5.2. Pengungkapan Eksposure Interest Rate Risk in the Banking Book (IRRBB) VALAS
Table 5.2. Disclosure of Exposure Interest Rate Risk in the Banking Book (IRRBB) FOREIGN EXCHANGE
Overnight 1 bulan - 3 bulan - 9 bulan -

≤ 1 bulan ≤ 3 bulan ≤ 6 bulan 6 bulan - ≤ 9 bulan ≤ 1Y
Total Overnight
Overnight 1 month to 3 month to 6 month to ≤ 9 month 9 month to
≤ 1 month ≤ 3 month ≤ 6 month ≤1Y
A Posisi Neto/GAP 1,628,033 -216,817 601,946 -132,846 -243,924 86,236 9,275
Net Position/GAP

Shock Overnight Overnight ≤ 1 1 month to 3 month to 6 month to
B Asumsi Perubahan
Suku Bunga 2% 2% 2% 2% 2% 2%
Assumed Changes
in Interest Rate
C Jangka Waktu
Dimana Gap Overnight 1 bulan - 3 bulan - 6 bulan - ≤
Secara Periodik ≤ 1 bulan ≤ 3 bulan ≤ 6 bulan 9 bulan
Berpengaruh Overnight Overnight ≤ 1
Times where the 1 month to 3 month to 6 month to
gap periodically month ≤ 3 month ≤ 6 month ≤ 9 month
has an effect
0.997 0.959 0.836 0.630 0.384

Total Shock Overnight Overnight ≤ 1 1 month to 3 month to 6 month to
D Risiko Suku Bunga
(NII) 2,612 2% (4,324) 11,544 (2,220) (3,074) 662
Interest Rate Risk
(NII)
(2,612) -2% 4,324 (11,544) 2,220 3,074 (662)
E Discounted Cash
Flow 1,349,376 (216,811) 601,709 (132,621) (242,927) 85,623 9,180
Discounted Cash
Flow


1Y 1.5Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 15Y

>20Y
≤ 1.5Y ≤ 2Y ≤ 3Y ≤ 4Y ≤ 5Y ≤ 6Y ≤ 7Y ≤ 8Y ≤ 9Y ≤ 10Y ≤ 15Y ≤ 20Y
-47,430 145,924 41,977 2,798 49,511 356,422 27,194 0 79,427 14,251 854,088 0 0
9 bulan -
≤ 1Y
9 month to
≤1Y
2%
9 bulan -
≤ 1Y
9 month to
≤1Y
0,137
9 bulan -
≤ 1Y
9 month to
≤1Y
25
(25)
(46,704) 142,635 40,519 2,648 45,797 321,377 23,851 0 66,019 11,525 637,556 0 0

3. Risiko Likuiditas 3. Liquidity Risk
Dalam pengelolaan risiko likuiditas yang In managing liquidity risk, among others, due
antara lain disebabkan Bank tidak mampu to the Bank is unable to meet obligations to
memenuhi kewajiban kepada nasabah atau customers or counter-party that has matured.
counterparty yang telah jatuh waktu. Some of the strategies taken by the Bank to
a. Organisasi manajemen risiko likuiditas anticipate things are:
dilakukan oleh Divisi Treasury & Capital a. The liquidity risk management
Market dan Divisi Operasi & Credit organization is conducted by the
Administration sebagai first line of Treasury & Capital Market Division and
defense, RMD sebagai second line of the Operations & Credit Administration
defence dan Divisi Audit Internal sebagai Division as the first line of defense, RMD
third line of defence. as the second line of defense and the
Internal Audit Division as the third line of
defenses.
b. Mekanisme pengukuran, stress testing, b. Measurement mechanisms, stress testing,
teknik mitigasi risiko likuiditas termasuk liquidity risk mitigation techniques
indikator peringatan dini dan rencana include early warning indicators and
pendanaan darurat. emergency funding plans.
Bank berupaya meningkatkan efektivitas Bank seeks to improve the effectiveness of
pengelolaan gap likuiditas (maturity managing the liquidity gap (maturity gap
gap dan proyeksi arus kas) untuk and cash flow projections) to anticipate
mengantisipasi risiko likuiditas sedini liquidity risk as early as possible, as well
mungkin, dan juga mengendalikan as to control liquidity risks particularly
risiko likuiditas khususnya pada saat during stressful conditions. Bank has also
kondisi stres. Bank juga telah menyusun set up a Contingency Funding Plan, as
Contingency Funding Plan, selain juga well as maintaining its ability to access
senantiasa memelihara kemampuannya money market by continuing to establish
dalam melakukan akses ke pasar uang relationships with correspondent banks.
dengan terus membina hubungan dengan To detect liquidity risk, Bank already has a
bank koresponden. Untuk mendeteksi Standard Operating Procedure Liquidity
risiko likuiditas, Bank telah mempunyai Contingency Plan (LCP) and performs
Standard Operation Procedure Liquidity daily liquidity monitoring to report to the
Contingency Plan (LCP) dan melakukan Board of Directors.
pemantauan likuiditas secara harian
untuk dilaporkan kepada Direksi.
c. Beberapa strategi (pendanaan) yang c. Some of the Bank’s (funding) strategies
dilakukan Bank untuk mengantisipasi hal to anticipate this are:
tersebut adalah:
1) Melakukan portofolio investasi ke 1) Conducting investment portfolio
arah investasi yang lebih likuid. toward more liquid investments.
2) Menurunkan konsentrasi deposan 2) Lowering the concentration of core
inti dan mengganti dengan dana depositors and replace with retail
retail sehingga menjadi lebih funds to be more sustainable
sustainable (berkesinambungan)
3) Mendorong bertumbuhnya jumlah 3) Encouraging the growth of the
investasi dana-dana murah atau number of investment funds are low
nasabah kategori low cost fund. or customer category of low cost
funds.
4) Meningkatkan efektivitas penge- 4) Improving the effectiveness of
lolaan gap likuiditas (maturity the management of liquidity gap
gap, proyeksi cash flow) untuk (maturity gap, projected cash flow)
mengantisipasi risiko likuiditas sedini in anticipation of liquidity risk as
mungkin. early as possible.
5) Meningkatkan kerja sama dengan 5) Increase cooperation with other
Bank Lain agar dapat memanfaatkan banks in order to avail the facility
fasilitas Call Money maupun Repo of Call Money and Securities Repo
Surat Berharga intern bank. internal bank.

d) Liquidity Coverage Ratio (LCR) d. Liquidity Coverage Ratio (LCR)

Bank juga telah mengadopsi perhitungan The Bank has also adopted a Liquidity
Liquidity Coverage Ratio (LCR) Coverage Ratio (LCR) calculation
berdasarkan kerangka kerja BASEL III. based on the BASEL III framework. The
LCR tersebut merupakan rasio aset likuid LCR represents a high quality liquid
berkualitas tinggi terhadap potensi arus asset ratio against the potential for
kas keluar. LCR yang diperhitungkan cash outflows. This calculated LCR also
ini juga mengukur kemampuan Bank measures the Bank’s ability to meet
dalam memenuhi kebutuhan likuiditas liquidity requirements in the event of a
apabila terjadi arus keluar yang cukup substantial outflow or under stressful
besar atau pada saat kondisi stress. Pada conditions. Under stress conditions, it is
kondisi stress, diharapkan aset-aset likuid expected that high quality liquid assets
berkualitas tinggi yang dimiliki oleh Bank held by Banks such as Government
seperti Surat Berharga Pemerintah atau Securities or Bank Indonesia can be sold
Bank Indonesia dapat dijual dengan harga at appropriate prices to meet liquidity in
yang sesuai untuk memenuhi likuiditas the event of substantial cash outflows.
apabila terjadi arus kas keluar yang besar.
Liquidity Coverage Ratio (LCR) bulan The December 2018 Liquidity Coverage
Desember 2018 untuk Bank adalah Ratio (LCR) forthe Bank is 126.02% or
sebesar 126,02% atau berada di atas above the minimum LCR Ratio of 100%
ketentuan minimum Rasio LCR sebesar set by the Regulator. This shows that
100% yang ditetapkan oleh Regulator. Bank can manage liquidity well.
Hal ini menunjukkan bahwa Bank dapat
mengelola likuditas dengan baik.

Tabel 6.1. Pengungkapan Profil Maturitas Rupiah - Bank secara Individual Audited
Table 6.1. Maturity Profile in Rupiah – Bank, individually Audited
Pos - pos Saldo Jatuh Tempo | Maturity
No. >1–3 >3–6 > 6 –12
Account Balance ≤ 1 bulan > 12 bulan
bulan bulan bulan
month month
month month month
(1) (2) (3) (4) (5) (6) (7) (8)
I NERACA | BALANCE SHEET
A Aset | Assets
1 Kas | Cash 91.750 91.750 - - - -
Penempatan pada Bank
Indonesia
2 1.343.664 1.343.664 - - - -
Placement with Bank
Indonesia
Penempatan pada bank lain
3 43.250 43.250 - - - -
Placement with other banks
Surat Berharga **
4 2.815.299 486.987 - 97.748 292.886 1.937.678
Marketable securities
Kredit Yang Diberikan |
5 9.015.242 2.927.373 1.034.465 763.516 264.226 4.025.663
Loans
Tagihan lainnya
6 16.546 4.222 12.324 - - -
Other receivable
7 Lain-lain | Others 1.514.258 1.514.258 - - - -
Total Aset | Total Assets 14.840.009 6.411.504 1.046.789 861.264 557.113 5.963.341
B Kewajiban | Liabilities
Dana Pihak Ketiga
1 12.261.027 8.572.864 2.742.500 417.461 512.719 15.483
Deposits from customer
Kewajiban kepada Bank
Indonesia
2 - - - - - -
Liabilities with Bank
Indonesia
Kewajiban kepada bank lain
3 1.460.583 1.250.595 193.940 4.423 11.625 -
Liabilities with other banks
Surat Berharga yang
4 Diterbitkan 664.814 664.814 - - - -
Securities issued
Pinjaman yang Diterima
5 - - - - - -
Borrowings
Kewajiban lainnya
6 16.546 4.222 12.324 - - -
Other liabilities
7 Lain-lain | Others 212.631 212.631 - - - -
Total Kewajiban | Total Liabilities 14.615.601 10.705.127 2.948.765 421.883 524.344 15.483
Selisih Aset dengan Kewajiban
dalam Neraca
224.408 (4.293.623) (1.901.976) 439.380 32.769 5.947.858
On Balance Sheet Asset and
Liabilities Differences
II REKENING ADMINISTRATIF | OFF BALANCE SHEET
A Tagihan rekening Administratif | Off Balance Sheet Receivables
1 Komitmen | Commitment - - - - - -
Kontinjensi |
2 31.590 31.590 - - - -
Contingency *****)
Total Tagihan Rekening Administratif
Total Administrative Account 31.590 31.590 - - - -
Receivable
B Kewajiban Rekening Administratif | Off Balance Sheet Liabilities
1 Komitmen | Commitment 3.743 687 3.056 - - -
Kontinjensi |
2 216.665 93.313 39.372 11.519 29.263 43.199
Contingency ******)
Total Kewajiban Rekening Administratif
220.408 93.999 42.428 11.519 29.263 43.199
Total Off Balance Sheet Liabilities
Selisih Tagihan dan Kewajiban dalam
Rekening Administratif
(188.818) (62.409) (42.428) (11.519) (29.263) (43.199)
Off Balance Sheet Assets and
Selisih | Differences ((IA - IB) +
35.590 (4.356.032) (1.944.403) 427.861 3.506 5.904.659
(IIA - IIB))
Selisih Kumulatif | Cumulative
(4.356.032) (2.411.629) (2.839.490) (2.842.996) (8.747.655)
Differences

Tabel 6.1. Pengungkapan Profil Maturitas Rupiah - Bank secara Individual Audited
Table 6.1. Maturity Profile in Rupiah – Bank, individually Audited
Pos - pos Saldo Jatuh Tempo | Maturity
No. >1–3 >3–6 > 6 –12
bulan bulan bulan
month month
month month month
(1) (2) (3) (4) (5) (6) (7) (8)
A Aset | Assets
1 Kas | Cash 112.641 112.641 - - - -
Penempatan pada Bank
Indonesia
2 1.338.373 1.338.373 - - - -
Placement with Bank
Indonesia
Penempatan pada bank lain
3 35.514 35.514 - - - -
Surat Berharga **
4 2.287.416 2.287.416 - - - -
Kredit Yang Diberikan |
5 10.478.254 512.156 683.711 1.586.799 2.110.334 5.585.254
Loans
Tagihan lainnya
6 18.569 18.569 - - - -
Other receivable
7 Lain-lain | Others 409.107 409.107 - - - -
Total Aset | Total Assets 14.679.874 4.713.776 683.711 1.586.799 2.110.334 5.585.254
Dana Pihak Ketiga
1 12.163.583 10.834.189 1.209.305 83.246 23.740 13.103
Kewajiban kepada Bank
Indonesia
2 - - - - - -
Liabilities with Bank
Indonesia
Kewajiban kepada bank lain
3 1.456.557 1.192.412 260.041 3.979 125 -
Surat Berharga yang
4 Diterbitkan - - - - - -
Securities issued
Pinjaman yang Diterima
5 - - - - - -
Borrowings
Kewajiban lainnya
6 1.737 1.737 - - - -
Other liabilities
7 Lain-lain | Others 191.182 191.182 - - - -
Total Kewajiban | Total Liabilities 13.813.059 12.219.520 1.469.346 87.225 23.865 13.103
Selisih Aset dengan Kewajiban dalam
Neraca
866.815 (7.505.744) (785.635) 1.499.574 2.086.469 5.572.151
On Balance Sheet Asset and
1 Komitmen | Commitment 40.703 40.703 - - - -
Kontinjensi | Contingency
2 61.174 61.174 - - - -
*****)
Total Administrative Account 101.877 101.877 - - - -
Receivable
Kontinjensi | Contingency
2 242.172 162.405 16.732 4.802 55.899 2.334
******)
Total Kewajiban Rekening Administratif
258.211 178.444 16.732 4.802 55.899 2.334
(156.334) (76.567) (16.732) (4.802) (55.899) (2.334)
161.578 (8.369.036) (581.366) 1.494.771 2.030.570 5.586.638
(IIA - IIB))
(8.369.036) (7.787.670) (9.282.442) (11.313.012) (16.899.650)
Differences

Tabel 6.2. Pengungkapan Profil Maturitas Valuta Asing –
Bank secara Individual Audited
Table 6.2. Disclosure of Maturity Profile in Foreign Exchange –
Bank, individually Audited (dalam jutaan Rupiah |
in million Rupiah)
Jatuh Tempo | Maturity
Pos - pos Saldo
No. >1–3 >3–6 > 6 –12
bulan bulan bulan
month month
month month month
(1) (2) (3) (4) (5) (6) (7) (8)
A Aset | Assets
1 Kas | Cash 18.355 18.355 - - - -
2 Penempatan pada Bank
Indonesia
109.365 109.365 - - - -
Placement with Bank
Indonesia
3 Penempatan pada bank lain
206.295 206.295 - - - -
4 Surat Berharga **
747.439 - - - - 747.439
5 Kredit yang Diberikan | Loans 1.243.813 375.084 44.373 47.958 111.336 665.062
6 Tagihan lainnya
632.586 621.960 10.625 - - -
Other receivable
7 Lain-lain | Others 51.628 51.628 - - - -
Total Aset | Total Assets 3.009.481 1.382.688 54.998 47.958 111.336 1.412.501
1 Dana Pihak Ketiga
987.578 572.820 267.966 23.360 123.432 -
2 Kewajiban kepada Bank
Indonesia - - - - - -
Liabilities with Bank Indonesia
3 Kewajiban kepada bank lain
1.021 1.021 - - - -
4 Surat Berharga yang
Diterbitkan 215.700 215.700 - - - -
Securities issued
5 Pinjaman yang Diterima
- - - - - -
Borrowings
6 Kewajiban lainnya
- - - - - -
Other liabilities
7 Lain-lain | Others 12.366 12.366 - - - -
Total Kewajiban | Total Liabilities 1.216.665 801.907 267.966 23.360 123.432 -
Selisih Aset dengan Kewajiban
dalam Neraca
1.792.816 580.780 (212.967) 24.598 (12.097) 1.412.501
On Balance Sheet Asset and Liabilities
Differences
2 Kontinjensi | Contingency *****) - - - - - -
Total Administrative Account - - - - - -
Receivable
2 Kontinjensi | Contingency ******) 257.335 22.004 2.810 62.868 169.653 -
Total Kewajiban Rekening
Administratif 259.748 24.417 2.810 62.868 169.653 -
(259.748) (24.417) (2.810) (62.868) (169.653) -
1.533.068 556.363 (215.777) (38.270) (181.750) 1.412.501
(IIA - IIB))
556.363 772.141 810.410 992.160 (420.341)
Differences

Tabel 6.2. Pengungkapan Profil Maturitas Valuta Asing –

Bank secara Individual Audited
Table 6.2. Disclosure of Maturity Profile in Foreign Exchange –
Bank, individually Audited (dalam jutaan Rupiah |
in million Rupiah)
Jatuh Tempo | Maturity
Pos - pos Saldo
No. >1–3 >3–6 > 6 –12
bulan bulan bulan
month month
month month month
(1) (2) (3) (4) (5) (6) (7) (8)
A Aset | Assets
1 Kas | Cash 68.816 68.816 - - - -
2 Penempatan pada Bank
Indonesia
62.401 62.401 - - - -
Placement with Bank
Indonesia
3 Penempatan pada bank lain
227.864 227.864 - - - -
4 Surat Berharga **
651.111 651.111 - - - -
5 Kredit yang Diberikan | Loans 990.639 27.098 - 68.354 295.738 599.449
6 Tagihan lainnya
598.372 598.372 - - - -
Other receivable
7 Lain-lain | Others 44.077 44.077 - - - -
Total Aset | Total Assets 2.643.280 1.679.739 - 68.354 295.738 599.449
1 Dana Pihak Ketiga
741.037 572.539 19.879 8.874 139.745 -
2 Kewajiban kepada Bank
Indonesia - - - - - -
Liabilities with Bank Indonesia
3 Kewajiban kepada bank lain
29.004 29.004 - - - -
4 Surat Berharga yang
Diterbitkan 203.513 203.513 - - - -
Securities issued
5 Pinjaman yang Diterima
- - - - - -
Borrowings
6 Kewajiban lainnya
3.871 3.871 - - - -
Other liabilities
7 Lain-lain | Others 7.385 7.385 - - - -
Total Kewajiban | Total Liabilities 984.810 816.312 19.879 8.874 139.745 -
Selisih Aset dengan Kewajiban dalam
Neraca
1.658.470 863.427 (19.879) 59.480 155.993 599.449
On Balance Sheet Asset and Liabilities
Differences
2 Kontinjensi | Contingency *****) - - - - - -
Total Administrative Account - - - - - -
Receivable
2 Kontinjensi | Contingency ******) 369.523 236.137 79.116 - - 54.270
Total Kewajiban Rekening
Administratif 374.461 241.075 79.116 - - 54.270
(374.461) (241.075) (79.116) - - (54.270)
1.284.014 622.357 (98.995) 59.481 155.993 545.179
(IIA - IIB))
622.357 721.353 661.872 505.879 (39.299)
Differences

Tabel. 6.3. Pengungkapan Nilai Liquidity Coverage Ratio (LCR) Audited
Table 6.3. Disclosure of Liquidity Coverage Ratio (LCR) Audited
(dalam % | in %)
NILAI LCR (%)
LCR SCORE (%)
Q1 - 2018 Q2 - 2018 Q3 - 2018 Q4 - 2018
Bank Secara Individu
170,07% 162,79% 127,65% 126,02%
Bank Only
Bank Secara Konsolidasi
Bank Consolidated
4. Risiko Operasional 4. Operational Risk

Pengelolaan risiko operasional juga menjadi Operational risk management is also a
perhatian Bank, dimana risiko operasional concern for the Bank, which operational risk
adalah risiko yang antara lain disebabkan is the risk that is partly due to insufficient
ketidakcukupan dan atau tidak berfungsinya or failed internal processes, human factors,
proses internal, kesalahan faktor manusia, system failure, or external problems affecting
kegagalan sistem, atau adanya masalah the operations of the Bank.
eksternal yang mempengaruhi operasional
Bank.
a. Organisasi manajemen risiko operasional a. The operational risk management
dilakukan oleh seluruh Unit Kerja (baik organization is carried out by all working
di kantor cabang dan kantor pusat) units (both at the branch office and head
sebagai first line of defense, dan RMD office) as the first line of defense, and
sebagai second line of defense, serta dan RMD as the second line of defense, and
Divisi Intenal Audit sebagai third line of the Internal Audit Division as the third
defense. line of defenses.
b. Beberapa langkah yang dilakukan Bank b. Several steps taken by the Bank in
dalam mengidentifikasi, mengukur dan identifying, measuring and mitigating
memitigasi risiko operasional adalah operational risks are as follows:
sebagai berikut:
1) Bank telah membentuk Quality 1) Banks have established Quality
Assurance (QA) di bawah RMD Assurance (QA) under RMD as
sebagai second line of defense. the second line of defenses. The
Fungsi dari QAS adalah memastikan function of QAS is to ensure that the
bahwa unit kerja di cabang telah branch’s work units have performed
melaksanakan transaksi operasional operational transactions in
sesuai dengan ketentuan internal accordance with applicable internal
yang berlaku, serta melakukan review regulations, as well as reviewing and
& menyempurnakan ketentuan improving internal regulations.
internal.
2) Untuk melakukan identifikasi 2) To identify the risk occurrence
kejadian risiko yang terjadi di Cabang occurring in the Branch as well as to
serta memiliki dampak kerugian, have a loss impact, the monitoring
maka pemantauan dilakukan shall be conducted using the
menggunakan Irregulatory Risk Irregulatory Risk Report.
Report.
3) Melakukan pencatatan atas data 3) Recording of data loss is Loss Event
kerugian yaitu Loss Event Database Database where the data is used
dimana data tersebut digunakan as one of the parameters in the
sebagai salah satu parameter measurement of Operational Risk
dalam pengukuran Profil Risiko Profile.
Operasional.

4) Bank telah menerapkan Risk & 4) The Bank has implemented Risk &
Control Self Assessment (RCSA) Control Self Assessment (RCSA)
yang merupakan metodologi which is a methodology for
untuk identifikasi sumber-sumber identification of risk sources, used to
risiko, yang digunakan untuk measure high risk, monitor risk level
mengukur tinggi rendahnya risiko, trends, and control and mitigate risk.
memantau tren tingkat risiko, serta Implementation of Identification
mengendalikan dan mitigasi risiko. through RCSA is applied to all work
Pelaksanaan Identifikasi melalui units.
RCSA diterapkan pada seluruh unit
kerja.
5) Melakukan peninjauan ulang dan 5) Perform regular review and
penyempurnaan atas Standard improvement of the Standard
Operation Procedure masing- Operation Procedure of each work
masing unit kerja secara berkala. unit.
6) Melakukan Penetapan batas 6) Determining the limits of authority in
kewenangan dalam melakukan conducting operational transactions
transaksi operasional
7) Setiap adanya produk ataupun 7) Any existence of new products
aktivitas baru Bank selalu dilakukan or activities of the Bank is always
kajian risiko sesuai dengan ketentuan conducted risk assessment in
dari regulator. accordance with the provisions of
the regulator.
8) Peningkatan kualitas sumber daya 8) Increasing the quality of human
manusia dengan meningkatkan resources by increasing the
frekuensi pelatihan internal maupun frequency of internal and external
eksternal di bidang perkreditan, training in the field of credit, product
pemasaran produk dan motivasi marketing and work motivation.
kerja.
9) Pengelolaan risiko operasional juga 9) Operational risk management is also
dilakukan dengan memperkuat done by strengthening the security
keamanan dan keandalan teknologi and reliability of information
informasi, sehingga kegagalan technology, so that system failure
sistem maupun human error dapat and human error can be suppressed.
ditekan.
10) Melakukan peningkatan pada IT 10) Make improvements to the IT
Security System untuk seluruh Security System for all existing
sistem yang ada pada Bank. systems in Bank.
11) Memastikan ketersediaan Disaster 11) Ensure availability of Disaster
Recovery Plan (DRP) yang diuji Recovery Plan (DRP) that is tested
secara berkala sebagai antisipasi jika periodically in anticipation in case of
terjadi gangguan IT. IT interruption.
12) Meningkatkan fungsi pengawasan 12) Improve internal control function
internal melalui Satuan Kerja Audit through Internal Audit Work
Internal. Selain itu membentuk Anti Unit. In addition, to form the Anti
Fraud Department dalam Satuan Fraud Department in the Internal
Kerja Audit Internal sebagai upaya Audit Working Unit as an effort
memperkuat sistem pengendalian to strengthen the internal control
Internal. system.
13) Bank telah memiliki Bussiness 13) Bank has a Business Continuity Plan
Continuity Plan (BCP) dimaksudkan (BCP) intended to minimize risks,
untuk minimalisasi risiko, deal with the impact of disruption/
menangani dampak dari gangguan/ disaster, and accelerate the recovery
bencana, serta percepatan proses process so that operational activities
pemulihannya agar kegiatan and services to customers can still
operasional dan pelayanan kepada run well.
nasabah tetap dapat berjalan
dengan baik.

Business Continuity Plan (BCP) Business Continuity Plan (BCP)
Dalam rangka meminimalkan potensi kerugian In order to minimize the potential loss of financial
finansial maupun non finansial yang diakibatkan faktor and non financial result of external factors such as
eksternal seperti bencana alam, kebakaran, kerusuhan, natural disasters, fires, riots, which have an impact on
yang berdampak pada kemampuan teknologi Bank the ability of technology Bank and the operational
dan kegiatan operasional bisnis Bank terutama activities of the Bank’s business is mainly services to
pelayanan kepada nasabah, Bank telah menerapkan customers, the Bank has implemented policies and
Kebijakan maupun Standard Operating Procedure Standard Operating Procedure Business Continuity
Bussiness Continuity Plan (BCP). Plan (BCP).
Tim Organisasi BCP yang dibentuk Bank memiliki The organization team formed BCP Bank has the
tugas untuk mengkoordinasi pelaksanaan BCP dalam task of coordinating the implementation of the BCP
penanganan aktivitas bisnis dalam keadaan darurat in the handling of business activity in an emergency
(disaster) sesuai dengan kebutuhan dan kondisi Bank. (disaster) in accordance with the needs and conditions
Bank telah melakukan penyempurnaan BCP dengan of the Bank. Bank has made improvements BCP to
Review Business Impact Analysis (BIA) sesuai dengan Review Business Impact Analysis (BIA) in accordance
business process, dan telah melakukan sosialisasi dan with the business process, and has conducted
simulasi pelaksanaan BCP sesuai dengan scenario socialization and a simulation execution of BCP in
yang telah ditetapkan ke seluruh cabang, selanjutnya accordance with a scenario that has been assigned
melakukan Review Kebijakan dan SOP, Review Prosedur to all branches, then do a Review of Policy and SOP,
Alternatif (Contingency Plan), dan melakukan Uji Review Procedures Alternatives (Contingency Plan),
Coba BCP di Kantor Cabang tertentu dengan simulasi and conduct Testing Branch BCP in particular with
bencana kebakaran dengan mengaktifkan lokasi the fire disaster simulation by activating an alternate
alternatif dekat dengan Kantor Cabang. location close to the Branch Office.
Tabel. 7.1. Pengungkapan Kuantitatif Risiko Operasional -

Bank Secara Individual - Audited
Table 7.1. Disclosure of Operational Risk – Bank, Individually - Audited
Pendapatan Pendapatan
Bruto Bruto
(Rata-rata (Rata-rata
Pendekatan Yang Digunakan 3 tahun Beban 3 tahun Beban
No.
Indicator Approach terakhir) Modal ATMR terakhir) Modal ATMR
Average Capital RWA Average Capital RWA
Gross Charge Gross Charge
Income in Income in
the past 3 the past 3
years years
(1) (2) (3) (4) (5) (3) (4) (5)
Pendekatan Indikator Dasar
1 567.209 85.081 1.063.517 494.240 74.136 926.700
Basic Indicator Approach
Total
5. Risiko Hukum 5. Legal Risk

Risiko Hukum suatu risiko yang disebabkan Legal risk is a risk that due to the weakness of
karena adanya kelemahan aspek yuridis/ the juridical aspects/law or because no such
hukum atau karena tidak terdokumentasikan- transactions properly. This risk is not limited to
nya transaksi tersebut dengan baik. Risiko risks arising from the possibility of a contract/
ini tidak terbatas pada risiko yang timbul agreement that can not be implemented,
dari kemungkinan kontrak/perjanjian yang litigation/claim a third-party, non-compliance
tidak dapat dilaksanakan, tuntutan hukum/ with regulations and legislation in force, the
gugatan pihak ketiga, ketidaksesuaian weakness of the engagement, the binding
dengan peraturan dan perundang-undangan guarantees are not perfect, the inability of the
yang berlaku, kelemahan perikatan,
pengikatan jaminan yang tidak sempurna,

ketidaksanggupan penerapan putusan implementation of court decisions, decisions

pengadilan, keputusan pengadilan yang dapat a court may interfere with or affect the
mengganggu atau mempengaruhi operasi operation or condition of the Bank.
atau kondisi Bank.
Pengelolaan Risiko Hukum dilakukan antara Legal Risk Management carried out among
lain: others:
a. Melakukan peninjauan kembali (review) a. Re-evaluate (review) on legal documents,
atas dokumen hukum, perjanjian maupun agreements or contracts with third
kontrak-kontrak dengan pihak ketiga. parties.
b. Inventarisasi atas kasus-kasus hukum b. Inventory of legal cases that occurred
yang terjadi termasuk didalamnya includes monitoring the development
memantau perkembangan dari setiap of any case law exists. Handling of the
kasus hukum yang ada. Penanganan legal case is based on priorities and the
kasus hukum disusun berdasarkan skala entire development is well monitored and
prioritas dan seluruh perkembangannya regularly reported to the Management to
terpantau dengan baik dan selalu be followed up through the completion
dilaporkan kepada Manajemen untuk of which contains at least the potential
ditindaklanjuti melalui penyelesaian yang legal risks.
mengandung potensi risiko hukum paling
sedikit.
c. Fungsi Corporate, Legal & Litigation c. Functions Corporate, Legal & Litigation
Division yang memiliki peranan penting Division, which has an important role
dalam memberikan analisa/review dari in providing analysis/review from the
sudut pandang legal terkait dengan standpoint of legal associated with
produk atau aktivitas baru Bank, new product or activity Bank, provide
memberikan masukan dari sisi hukum input on the side of the law as a result
akibat adanya perubahan regulasi, of regulatory changes, to review the
melakukan review atas perjanjian- agreements made between the Bank and
perjanjian yang dibuat antara Bank third parties, while also addressing legal
dengan pihak ketiga, selain itu juga issues related to litigation.
menangani permasalahan hukum yang
terkait dengan litigasi.
6. Risiko Stratejik 6. Strategic Risk

Beberapa langkah yang dilakukan untuk Some steps were taken to anticipate the risk
mengantisipasi risiko ini dilakukan dengan of this is done by:
cara:
a. Penyusunan Rencana Bisnis Bank untuk a. Preparation of Business Plan for the
periode tahun 2019-2021 yang digunakan period 2019-2021 were used as guidance
sebagai pedoman oleh Manajemen dan by management and employees.
karyawan.
b. Melakukan pemantauan atas kinerja b. The monitoring of financial performance
keuangan dengan membandingkan by comparing the realization of the
antara realisasi dengan sasaran/target objectives/targets to be achieved by
yang ingin dicapai oleh Bank sesuai the Bank in accordance with the Bank’s
dengan Rencana Bisnis Bank tersebut. Business Plan.
c. Fungsi dari Planning Performance c. Function of Performance Planning
Division yang secara rutin melakukan Division, which routinely conducts
pemantauan berkala (performance regular monitoring (performance review)
review) atas pencapaian kinerja dari tiap upon achievement of the performance of
divisi/kantor wilayah/cabang/capem dan each division/regional office/branch/Sub
Bank secara keseluruhan. Branch and the Bank as a whole.
d. Merevisi pengkinian atas strategi d. Revise update on the strategy to
yang ingin dicapai sesuai dengan be achieved in accordance with the
perkembangan kondisi internal maupun development of internal and external
eksternal, sehingga akan menjadi realistis conditions, so it would be realistic to
dengan pencapaian sasaran Bank. the achievement of the objectives of the
Bank.

7. Risiko Kepatuhan 7. Compliance Risk
Organisasi manajemen risiko kepatuhan The compliance risk management organization
dilakukan seluruh unit kerja sebagai first line of is conducted throughout the work unit as
defense, Divisi Corporate Legal & Compliance the first line of defense, the Corporate Legal
sebagai second line of defense dan Divisi & Compliance Division as the second line of
Internal Audit sebagai third line of defense. defense and the Internal Audit Division as the
third line of defenses.
Pengelolaan risiko kepatuhan yang dilakukan Compliance risk management conducted by
oleh Bank adalah: the Bank are:
a. Menyempurnakan dan monitoring a. Improve and monitoring and Policy
Kebijakan Kepatuhan dan Kebijakan Compliance Policy Anti-Money
Anti Pencucian Uang dan Pencegahan Laundering and Combating the Financing
Pendanaan Terorisme. of Terrorism.
b. Pemantauan terhadap pengkinian data b. Monitoring of customer data updating
nasabah dan penerapan single CIF serta and implementation of CIF singles as well
penanganan rekening pasif/dormant. as the handling of the passive account/
dormant.
c. Pelaksanaan Program Anti Pencucian c. Implementation of the Anti-Money
Uang dan Pencegahan Pendanaan Teroris Laundering and Combating the
sesuai dengan amanat dalam Peraturan Financing of Terrorism in accordance
Bank Indonesia, di mana Bank secara with the mandate in the Regulation of
rutin melakukan sosialisasi kepada unit- Bank Indonesia, where Bank Indonesia
unit terkait melalui Divisi Compliance. routinely outreach to relevant units via
the Compliance Division.
d. Penyusunan Laporan Kepatuhan kepada d. Adherence to the preparation of the
pihak Internal maupun Eksternal. Report of the Internal and External.
e. Peningkatan fungsi Compliance oleh Divisi e. Enhanced Compliance function by
Corporate Legal & Compliance dengan Corporate Legal & Compliance Division
memastikan kepatuhan ketentuan internal by ensuring compliance with internal
sesuai/memenuhi dari regulasi, melalui regulations in accordance with/regulating
gapping analysis dan mendiskusikan from regulation, through gapping analysis
hasil gap analysis kepada unit kerja serta and discussing gap analysis result to
dilakukan penyempurnaan/perbaikan dari work unit as well as improving/repairing
ketentuan internal tersebut. from internal provision.
f. Fungsi kepatuhan ini didukung oleh f. This compliance function is supported
sistem Compliance Report Monitoring by the Compliance Report Monitoring
(CRM) sebagai reminder unit kerja atas (CRM) system as a work unit reminder of
kewajiban menyampaian laporan rutin the obligation to deliver routine reports
kepada regulator. to regulators.
8. Risiko Reputasi 8. Reputation Risk

Pengelolaan risiko reputasi oleh Bank Reputation risk management by the Bank is
dilakukan dengan cara: done by:
a. Pemantauan terhadap publikasi media, a. Monitoring of media publications, which
yang bekerja sama dengan jasa pihak works closely with third-party services by
ketiga oleh Corporate Secretary, dan the Corporate Secretary, and
b. Melakukan pemantauan terhadap keluhan b. Monitoring of customer complaints via
nasabah melalui Operation & Credit Operation & & Credit Administration
Administration Division guna menangani Division to handle complaints promptly,
keluhan dengan segera, serta melakukan as well as to optimize the function of
optimalisasi fungsi Call Center dalam Call Center in the handling of customer
penanganan keluhan nasabah. complaints.

c. Bank juga ikut ambil bagian dalam c. The Bank also took part in implementing
melaksanakan program Corporate Social Corporate Social Responsibility program,
Responsibility, serta ikut melaksanakan as well as participate in implementing
aktivitas-aktivitas sosial lainnya bersama other social activities together with
dengan nasabah, termasuk di dalamnya customers, including as a sponsor in
sebagai sponsor dalam berbagai kegiatan various community activities.
masyarakat.
d. Meningkatkan new corporate image Bank d. Increase the Bank’s new corporate image,
melalui penyempurnaan website Bank by improving the website JTrust Bank and
dan melaksanakan press release dengan carry out a press release to the media.
media.
Bank menyakini bahwa setiap aspek efektivitas Bank Indonesia believes that every aspect of
pelaksanaan manajemen Perseroan yang the effectiveness of the implementation of the
baik (termasuk manajemen risiko dan sistem Company’s good management (including risk
pengendalian internal) dalam kaitannya management and internal control systems) in
dengan GCG akan memperbaiki reputasi. relation to good corporate governance would
improve the reputation.
Profil Risiko Risk Profile

Penilaian Profil Risiko sesuai dengan POJK No. 4/ Risk Profile Assessment in accordance with POJK
POJK.3/2016 tanggal 27 Januari 2016 tentang No. 4/POJK.3/2016 dated January 27, 2016 on the
Penilaian Tingkat Kesehatan Bank Umum dan Assessment of Commercial Banks and its implementing
peraturan-peraturan pelaksanaannya, penilaian regulations, the assessment of inherent risks (inherent
dilakukan terhadap risiko yang melekat (inherent risk) risk) and the quality of risk management through a
dan kualitas penerapan manajemen risiko melalui process of self-assessment in all business activities of
proses self asessment pada seluruh aktivitas bisnis banks that includes 8 (eight) risks such as credit risk,
bank yang mencakup 8 (delapan) risiko yaitu risiko market risk, liquidity risk, operational risk, compliance
kredit, risiko pasar, risiko likuiditas, risiko operasional, risk, strategic risk, legal risk, and reputation risk.
risiko kepatuhan, risiko stratejik, risiko hukum, dan
risiko reputasi.

Teknologi Informasi
Information Technology
Selama tahun 2018, Bank berhasil mencapai target In 2018, the Bank succeeded to achieve the working
program kerja Teknologi Informasi (TI) yang telah program targets in Information Technology (IT) set
ditetapkan di awal tahun. Pencapaian ini terutama in the beginning of the year. This achievement was
didukung oleh penyelesaian program-program sangat particularly supported by the completion of the
penting yang diselesaikan sesuai jadwal, antara lain most important programs on schedule, including
adalah penerapan aplikasi core banking baru (Finacle) the implementation of new core banking application
untuk mendukung rencana pertumbuhan bisnis Bank. (Finacle) to support the Bank’s business growth plan.
Proyek Strategis Strategic Projects

Bank telah melakukan proyek strategis aplikasi core The Bank carried out the strategic project of new core
banking baru (Finacle) di awal tahun 2018. Finacle banking application (Finacle) in the beginning of 2018.
adalah sistem baru yang mengintegrasikan seluruh Finacle is a new system integrating entire banking
modul perbankan dan telah direncanakan sejak tahun modules which has been planned since 2017. The

2017. Modul Finacle Core Banking, Internet Banking Finacle modules of Core Banking, Internet Banking
Corporate, Treasury, dan Trade Finance telah go live di Corporate, Treasury, and Trade Finance have gone live
tahun 2018. Sementara untuk modul Finacle Internet in 2018. The Finacle modules of Internet Banking Retail
Banking Retail dan Mobile Banking masih menunggu and Mobile Banking remain subject to OJK and Bank
persetujuan OJK dan Bank Indonesia. Kedua layanan Indonesia’s approval. The two services will be available
tersebut akan tersedia untuk nasabah pada kuartal for customers in the second quarter of 2019.
kedua tahun 2019.
Untuk periode tahun 2018, Bank telah menyelesaikan For the 2018 period, the Bank completed the
implementasi Chatbot sebagai salah satu sarana agar implementation of Chatbot as a service for customers
nasabah dapat mengetahui layanan dan produk yang to know the products and services owned by J
dimiliki oleh J Trust Bank. Selain itu, Bank juga telah Trust Bank. In addition, the Bank also implemented
menerapkan layanan ATM yang dapat digunakan untuk ATM services that can be used for cash deposit and
melakukan setoran tunai dan penerapan performance implemented performance dashboard using Tableau
dashboard menggunakan aplikasi Tableau. application.
Untuk peningkatan keamanan penggunaan teknologi To improve the security of information technology use,
informasi, J Trust Bank juga telah melakukan enkripsi J Trust Bank conducted encryption of data saved in
data yang disimpan di dalam hard disk PC notebook. the hard disk of PC notebooks. It aims to ensure that
Hal ini untuk memastikan jika notebook tersebut should these notebooks are missing or stolen, the data
hilang atau dicuri maka data yang tersimpan tidak saved are unable to be hacked.
dapat diretas.
Bank juga telah menyediakan lokasi alternatif Kantor The Bank also provided alternative location for the
Pusat termasuk infrastrukturnya dalam kaitannya Headquarters including its infrastructure in relation
dengan Business Continuity Plan untuk memitigasi to Business Continuity Plan to mitigate risk in case of
risiko jika terjadi bencana di Kantor Pusat. Lokasi disasters in the Headquarters. The alternative location
alternatif dapat menampung karyawan yang bertugas is able to accommodate employees that runs critical
menjalankan proses bisnis kritikal pada saat bencana. business process during disasters.
Dalam proses implementasi proyek TI, pasti ada In the process of IT projects implementation, there
tantangan yang dihadapi terutama dari segi SDM. are challenges faced particularly from HR. Therefore,
Untuk itu, Bank selalu meningkatkan kemampuan the Bank continues to increase employee capabilities,
karyawan, misalnya dengan mengikuti acara-acara for example by attending events conducted by IT
yang diselenggarakan oleh perusahaan teknologi companies to improve their knowledge on new
informasi untuk menambah pengetahuan mengenai solutions and latest technology development in the
solusi-solusi baru dan perkembangan teknologi terkini financial sector.
di sektor keuangan.
Besarnya anggaran investasi yang dialokasikan untuk The amount of investment budget allocated for
teknologi informasi pada tahun 2018 adalah sebesar information technology in 2018 was Rp48.8 billion,
Rp48,8 miliar, sedangkan pada tahun 2019 sebesar while in 2019 is Rp50.3 billion.
Rp50,3 miliar.

Tata Kelola TI IT Governance
Tata kelola kinerja Tl dilakukan dengan mengikuti IT governance is undertaken according to guidelines in
pedoman Kebijakan dan SOP Teknologi Informasi PT the Information Technology Policy and SOP of PT Bank
Bank J Trust Indonesia Tbk. Bank memiliki Komite J Trust Indonesia Tbk. The Bank has an Information
Teknologi Informasi (Komite TI) yang bertugas Technology Committee (IT Committee) to assist the
membantu Direksi dalam implementasi TI untuk Board of Directors in implementing IT to support the
mendukung pertumbuhan bisnis Bank. Untuk proyek Bank’s business development. For strategic IT projects,
Tl yang bersifat strategis, Komite TI menyelenggarakan the IT Committee holds meetings to discuss respective
rapat yang membahas kebijakan strategis tersebut strategic projects, and subsequently provides its
dan selanjutnya Komite TI memberikan rekomendasi recommendation to the Board of Directors.
hasil pembahasan kepada Direksi.
Strategi TI 2019 IT Strategy 2019

Strategi dan pengembangan Tl pada tahun 2019 IT strategy and development in 2019 will be focused
difokuskan untuk melanjutkan proyek tahun 2018 dan on continuing the ongoing projects from 2018 and
implementasi beberapa proyek baru. Strategi dan implementing several new projects. Strategies and
implementasi pengembangan teknologi informasi implementation of IT development that will be carried
yang dilakukan pada tahun 2019 antara lain sebagai out in 2019 are:
berikut: 1. Continuing adding features for retail internet
1. Melanjutkan penambahan fitur internet banking banking and mobile banking so that these features
retail dan mobile banking agar fitur sudah setara are on par with services from other banks by the
dengan layanan bank lain pada saat layanan time these services secured permission from OJK
ini sudah mendapatkan izin dari OJK dan Bank and Bank Indonesia.
Indonesia. 2. Implementing server-based e-money in
2. Implementasi e-money server based bekerja sama cooperation with fintech companies.
dengan perusahaan fintech. 3. Implementing balance checking service through
3. Implementasi layanan cek saldo rekening melalui chatbot.
layanan chatbot. 4. Implementing Business Process Management
4. Implementasi Business Process Management to centralize the process and management of
untuk sentralisasi proses dan pengelolaan documents electronically.
dokumen secara elektronik. 5. Implementing Help Desk System to increase
5. Implementasi Help Desk System untuk services for customers’ requests and complaints.
meningkatkan layanan terhadap permintaan dan 6. Implementing IFRS 9 to adhere provisions from
keluhan nasabah. regulators.
6. Implementasi IFRS 9 untuk mengikuti ketentuan 7. Implementing OPICS 4.4 treasury application.
dari regulator. 8. Improving infrastructure quality including by
7. Implementasi aplikasi treasury OPICS 4.4. updating outdated servers.
8. Meningkatkan kualitas infrastruktur antara lain 9. Improving information security by implementing
dengan peremajaan server-server lama. end point security, network access control, mobile
9. Meningkatkan pengamanan informasi dengan device management, and e-mail encryption.
melakukan implementasi end point security,
network access control, mobile device
management, dan email encryption.

Sumber Daya Manusia

Human Resources
Dalam upaya mendukung visi dan misi Perusahaan, In order to support the Company’s vision and mission,
sumber daya manusia (Human Capital/HC) yang a proactive Human Capital (HC) in carrying out its
proaktif dalam menjalankan fungsinya sangat function is required as a reliable strategic business
dibutuhkan sebagai strategic business partner yang partner. Organizational development with the
mumpuni dan andal. Pengembangan organisasi Performance-Driven Organization principle is required
dengan prinsip Performance Driven Organization in achieving the Company’s vision and mission, among
dibutuhkan untuk membantu pencapaian visi dan others through the implementation of long-term and
misi Perusahaan, antara lain melalui penerapan prinsip sustainable HC development principle. This requires
pengelolaan HC yang bersifat jangka panjang dan full commitment from entire stakeholders within the
berkelanjutan. Hal ini membutuhkan komitmen penuh Company.
dari seluruh pihak yang berkepentingan di internal
Perusahaan.

Selain itu, seiring dengan perkembangan pengetahuan Moreover, with the development of knowledge and
dan teknologi, Perusahaan senantiasa melakukan technology, the Company continuously conducts
program pelatihan dan pengembangan SDM yang HC development and training programs through
berkelanjutan melalui e-learning, pelatihan di kelas, e-learning, in-class trainings, general training, and
pelatihan umum, dan pembekalan pengetahuan lain other knowledge development according to the
sesuai dengan kebutuhan Perusahaan agar karyawan Company’s needs so that employees can catch up
tidak tertinggal dengan perkembangan teknologi dan with technological and knowledge development in
pengetahuan di era digital ini. this digital era.
Untuk mengerahkan seluruh SDM dalam mendorong In deploying entire HC in realizing vision and mission
visi dan misi perusahaan, sebuah peta jalan (roadmap) of the Company, a roadmap was formulated in the
telah disusun dalam periode 2014 hingga 2019. period of 2014 to 2019.
Roadmap SDM dan Fokus Utama Pengelolaan SDM HR Roadmap and Main Focus of HR Development
Blueprint Penyempurnaan SDM PT Bank JTrust Blueprint of HR Improvement of PT Bank JTrust

Indonesia Tbk Indonesia Tbk
2104 - 2015 2106 - 2017 2108 - 2019
Stage 1 Stage 2 Stage 3

Redefinition & Consolidation Highly Performance & Recognition &
Achievement Establishment
• Review, revise, and • Effective Monitoring • Performance base

Implement Excellent on performance culture which result to
HC Practices and management leading business recognition
approaches focusing to rewards and and establishment
in SME. appreciation.
Tahap II (Highly Performance and Achievement). (Highly Performance and Achievement).
A. Tahap I Redefinition & Consolidation (2014-2017) A. Phase I Redefinition & Consolidation (2014-2017)
Tahapan ini adalah tahap yang dilalui pada fase The phase represents the initial stage of
awal pembentukan Bank J Trust yang lebih establishment of J Trust Bank which was more
difokuskan untuk melakukan konsolidasi organisasi focused on consolidating the organization by
dengan meletakkan dasar-dasar praktik Human establishing the basics of Human Resources
Resources Management yang memenuhi kaidah- Management practices that conform to the
kaidah praktik pengelolaan SDM yang profesional. principles of professional HR management
Pada tahapan ini mulai diperkenalkan istilah practice. At this stage, the term Human Capital
Human Capital yang menegaskan bahwa Sumber began to be introduced which affirms that Human
Daya Manusia adalah aset yang paling berharga Resources is the most valuable asset in the
di organisasi yang merupakan komponen enabler organization, an enabler to drive the achievement
yang mendorong tercapainya tujuan bisnis di of business objectives.
Perusahaan.
B. Tahap II Highly Performance and Achievement B. Phase II Highly Performance and Achievement
(2017-2018) (2017-2018)
Pada tahapan ini mulai diperkenalkan fungsi At this stage, the Human Capital function is
Human Capital sebagai Strategic Business Partner introduced as a Strategic Business Partner to
untuk mendorong tercapainya Highly Performance drive the achievement of Highly Performance and
and Achievement di Perusahaan. Tahun 2016 Achievement in the Company. The year of 2016 is

merupakan tahun transisi yang banyak difokuskan a transition year focusing on improving the quality
untuk membenahi kualitas Sumber Daya Manusia of Human Resources in the Company as well as
di Perusahaan sekaligus pembenahan berbagai improvements to various matters relating to HR
hal yang berkaitan dengan sistem manajemen management system.
Sumber Daya Manusia.
Untuk menjaga kesinambungan program antar To maintain the continuity of the program between
periode, maka dibuat suatu rencana kerja 2018- these periods, the Bank prepared 2018-2020
2020 yang disiapkan dengan menggunakan working plan by using the development basis
basis pengembangan yang telah dilakukan dalam implemented in previous phase (Redefinition and
rencana kerja periode sebelumnya (Redefinition Consolidation) which includes:
and Consolidation) yang mencakup:
a. Melakukan review dan perbaikan struktur a. Reviewing and improving the organizational
organisasi, job description, Key Performance structure, job description, Key Performance
Indicator (KPI). Indicator (KPI).
b. Melakukan review dan perbaikan prosedur b. Reviewing and improving recruitment
rekrutmen sesuai dengan kebutuhan fokus procedures based on business focus needs.
bisnis.
c. Implementasi Talent Management yang c. Implementing integrated Talent Management,
terpadu, di mana prosesnya mencakup whose process involves searching, determining,
pencarian, penetapan, dan pengembangan and developing corporate talents.
talenta perusahaan.
d. Inisiatif untuk menjadikan HC sebagai Strategic d. Taking initiatives to make HC as a Strategic
Business Partner. Dengan dibentuknya fungsi/ Business Partner. By establishing the function/
peran dari HC Business Partner, maka HC role of HC Business Partner, HC Division is
Division diharapkan dapat memenuhi fungsi expected to meet more strategic functions,
yang lebih strategis, fungsi tersebut antara including among others:
lain meliputi:
i. Planning: Penyusunan strategi dan i. Planning: Preparation of strategy and
pengembangan organisasi, serta tinjauan development of organization, as well as an
mengenai pengelolaan SDM. overview of HR management.
ii. Acquiring: Penerapan strategi rekrutmen ii. Acquiring: Execution of HR recruitment
dan penempatan SDM. and placement strategies.
iii. Developing: Penerapan strategi iii. Developing: Execution of competence
kompetensi dan manajemen kinerja yang strategy and performance management
bermuara pada learning & development that leads to learning & development
melalui pelatihan, dan pengembangan through training, and career development.
karir. iv. Maintaining: Implementation of
iv. Maintaining: Penerapan strategi Compensation & Benefit strategy,
Compensation & Benefit, hubungan industrial relations, so as to create a
industrial, sehingga mampu memunculkan motivating work atmosphere, while
suasana bekerja yang memotivasi, dengan maintaining a balance between work and
tetap memberikan keseimbangan antara family.
pekerjaan dan keluarga. v. Retaining: Integration between budgetary
v. Retaining: Integrasi antara penghematan savings and budgeted expenses to
budget dan penggunaan budget untuk maintain qualified human resources.
mempertahankan SDM yang berkualitas.
e. Implementasi Project HRIS khususnya yang e. Implementing Project HRIS particularly related
terkait dengan Operation, Strategic dan to Operation, Strategic, and Development,
Development, dengan mekanisme: under the following mechanism:
i. Sistem yang terintegrasi antar unit di i. Integrated system between units
Human Capital dari proses Budget, in Human Capital from Budget,
Compensation, Recruitment, Payroll, Compensation, Recruitment, Payroll,
Training, Performance, Talent dan Career Training, Performance, Talent and Career
Development. Development process.

ii. Proses transaksi HC yang bisa dilakukan ii. HC transaction that can be processed
secara online, baik dari sisi pengajuan, online, from submission, approval, and
approval, dan verifikasi, maupun proses verification, and reminder and notification
reminder dan notifikasi melalui email atau via e-mail or SMS.
SMS. iii. Online reporting particularly related to
iii. Reporting online khususnya yang terkait demography of employees that can be
dengan demografi karyawan yang bisa accessed by Top Management.
diakses oleh jajaran Top Management.
f. Peran compensation and benefit yang lebih f. Increasing the role of compensation and
ditingkatkan dengan melakukan beberapa hal benefit by conducting strategic events, such
strategis, yaitu: as:
i. Pada tahun 2017 J Trust Bank telah i. In 2017, J Trust Bank participated in salary
mengikuti salary survey berdasarkan data survey based on market salary data with
salary market dengan skala gaji baru. new payment scale.
ii. Update skala gaji karyawan secara berkala ii. Regular update of employee salary scale
berdasarkan salary market pada peer based on market salary of peer banks.
bank yang sama. iii. Incentive programs based on performance
iii. Program insentif berlandaskan kepada based.
performance based.
g. Menjalankan program sertifikasi eksternal g. Performing external and internal certification
dan internal (product, process, knowledge, programs (product, process, knowledge,
kepatuhan, operasional, manajemen risiko) compliance, operations, risk management) in
dalam rangka meningkatkan business order to improve business performance, not
performance, tidak hanya bagi business unit, only for business units, but also for supporting
namun juga bagi supporting unit. units.
h. Meningkatkan service quality awereness, h. Improving service quality awareness, not
bukan hanya kepada frontliners namun only for frontliners but also to all employees
kepada seluruh karyawan dengan melakukan by conducting campaign service standard&
campaign servicestandard & service quality. service quality.
i. Melakukan revitalisasi Program Corporate i. Revitalizing the Corporate Culture
Culture Engagement. Engagement program.
Realisasi Program Pengembangan SDM Tahun 2018 Realization of HR Development Program in 2018
Di tahun 2018, J Trust Bank memasuki langkah ketiga In 2018, J Trust Bank entered the third stage in
dalam Roadmap Penyempurnaan SDM yaitu tahap HR Improvement Roadmap: the “Recognition and
“Recognition and Establishment”. Di tahap ini, sistem Establishment” stage. In this stage, HR improvement
penyempurnaan SDM memasuki tahap internalisasi system entered the internalization stage on
budaya kinerja (Performance Based Culture).Roadmap Performance Based Culture. The 2018 Roadmap
2018 dimaksudkan untuk mendorong organisasi yang aimed to encourage the shift from high-performance
menunjang budaya berkinerja tinggi menjadi budaya culture organization to corporate culture shown by
perusahaan yang ditunjukkan oleh seluruh karyawan. all employees. Employees will directly and indirectly
Karyawan akan secara langsung dan tidak langsung become Brand Ambassador for the Company that can
menjadi Brand Ambassador bagi Perusahaan yang shape the reputation of PT Bank JTrust Indonesia Tbk.
akan membawa nama baik PT Bank JTrust Indonesia in the banking industry.
Tbk di industri perbankan.
Divisi SDM J Trust Bank menjalankan program J Trust Bank’s HR Division carried out intensive
Performance Based Culture yang intensif di tahun Performance-Based Culture in 2018 for entire working
2018 untuk seluruh fungsi kerja. Hal ini bertujuan untuk function. It aims to ensure the achievement of the
memastikan pencapaian target perusahaan dan target Company’s target and working function’s target.
fungsi kerja dapat dicapai dengan baik.

Rincian program yang harus dilakukan untuk periode The detail of the programs for the 2018 period is
2018 ditunjukkan dalam tabel berikut: shown in the following table:
Function Y-2016 Y-2017 Y-2018 Y-2019

Review and improve Review and improve Review and improve Review and improve
Organization structure Organization structure Organization structure Organization structure
ORGANIZATION DEVELOPMENT
Evaluate The Job Grading Improve Job Grading Improve Job Grading Review and Improve
System System System Job Grading System
Review and improve Job Review and improve Job Review and improve Job Review and improve Job
Description and KPI Description and KPI Description and KPI Description and KPI
Implement KPI and Improve KPI and Improve KPI and Improve KPI and
conduct KPI assessment KPI assessment Conduct KPI assessment Conduct KPI assessment
Conduct Study on e-PMS Develop e-PMS system Implement e-PMS system Review e-PMS System
system
Develop Talent Implement Talent Improve Talent
Management Management Management
Concept and System System System
Develop Competency Implement Competency
Model Model for all Positions
Review HC Organization Implement HC Business Implement and Review Implement and Review
Partner Roles HC Business HC Business
Partner Roles Partner Roles
Review overall Man Power Review overall Man Power Review overall Man Power Review overall Man Power
Planing Program for 2017 Planing Program for 2018 Planing Program for 2019 Planing Program for 2020
BUSINESS PARTNER
Develop MPP system Review MPP System

Review and Improve Evaluate Recruitment Evaluate Recruitment Evaluate Recruitment
Recruitment Procedures SLA SLA SLA
Developing Developing and Improving e-Recruitment Improving e-Recruitment
e-Recruitment Implementing System System
Concept and Procedure e-Recruitment System
Develop Branch Develop Branch Develop Branch Develop Branch
Operation Development Operation Development Operation Development Operation Development
Programs (BODP) Programs (BODP) Programs (BODP) Programs (BODP)
Develop Officers Develop Officers
Development Development
Program (ODP) Program (ODP)
Review Salary Structure Conduct Salary Survey Review Salary Structure Conduct Salary Survey
and Improve Salary and Improve Salary
Structure Structure
COMPENSATION & BENEFIT
Review Functional Implement Competency Implement Competency Implement Competency

Allowance Based Based Based
by Competency Model Functional Allowance Functional Allowance Functional Allowance
Develop Employee Review and Implement Review and Implement Review and Implement
Travel Award based on Travel Award based on Travel Award based on Travel Award based on
KPI KPI KPI KPI
Review Health Allowance Review Performance Review Performance Review Performance
into Performance Appreciation Allowance Appreciation Allowance Appreciation Allowance
Appreciation Allowance
Review Health Insurance Review Health Insurance Review Health Insurance Review Health Insurance
Program Program Program Program
Review Employee Loans Review Employee Loans
Program Program

Function Y-2016 Y-2017 Y-2018 Y-2019
Develop Human Capital Improve Human Capital Improve Human Capital Improve Human Capital
Policy and Procedures Policy and Procedures Policy and Procedures Policy and Procedures
Finalizing Employee Manage Employee Manage Employee Manage Employee
SYSTEM & POLICY
Database Cleansing Database Database Database

Developing Employee Implementation of Implementation of
Self Services Employee Self Services Employee Self Services
Developing and Implementing e-Pay Slip Implementing e-Pay Slip Implementing e-Pay Slip
Implementing e-Pay Slip
Developing Board Implementing Tableu Implementing Tableu Implementing Tableu
Management Reporting System System System
using Tableu System
Developing Training Need Conduct Training Needs Conduct Training Needs
Analysis for all related Analysis Analysis
Business Segments
Developing and Implementing and Implementing and Implementing and
Implementing Enhancing E-Learning Enhancing E-Learning Enhancing E-Learning
LEARNING AND CULTURE
E-Learning Modules Modules Modules

Revitalization of Service Implementation of Implementation of Implementation of
and Corporate Culture and Corporate Culture and Corporate Culture and
Corporate Culture Service Programs Service Programs Service Programs
Develop Job Competency Develop Employee Running Competency Running Competency
Model related with the Productivity Improvement Based Training Program Based Training Program
Training Development and Competency
needs Fulfillment
Enhancing Basic Banking Conduct Basic Banking Conduct Basic Banking Conduct Basic Banking
Skills Training Skills Skills Skills
Conduct study on Implement Executive and Implement Executive and Implement Executive and
Executive and Leadership Training Leadership Training Leadership Training
Leadership Training Modules Modules Modules
Needs
Develop Collective Labor CLA Socialization CLA Monitoring Develop Collective Labor
Agreement for Year Agreement for Year
2016 - 2018 2018 - 2020
Industrial Relations Industrial Relations Industrial Relations
EMPLOYEE RELATION
Practices Education Practices Education Practices Education

and Monitoring and Monitoring and Monitoring
Monitoring and Improving Monitoring and Improving Monitoring and Improving
Rewards and Punishment Rewards and Punishment Rewards and Punishment
Practices Practices Practices
Participating in BPJS-K Monitoring the impact Monitoring the impact
Pension Scheme and cost and cost
Developing Voluntary Monitoring the impact of Monitoring the impact of

Resignation Scheme VSS and ERP VSS and ERP
(VSS) Developing Early
Retirement Plan

Beberapa program utama yang mendorong Several main programs that supported Performance
Performance Based Culture antara lain: Based Culture were:
a) Program penetapan target seluruh fungsi kerja a) Target determination program for all working
setiap 3 bulan melalui target yang jelas dengan functions every three months with clear target
menggunakan Management By Objectives (MBO) using Management by Objectives (MBO) that has
yang telah diselaraskan dengan target Perusahaan. been synchronized with the Company’s target.
b) Program Performance Culture Meeting yang b) Performance Culture Meeting program that
dilakukan di seluruh fungsi kerja dan cabang setiap was carried out by entire working function and
minggu untuk memastikan pencapaian target 3 branches every week to ensure the three-month
bulanan masing-masing fungsi kerja dapat dicapai target has been achieved in each working function.
dengan baik.
c) Sistem dan proses penilaian kinerja seluruh c) Performance evaluation system and process for
karyawan yang menggunakan Management by all employees using Management by Objectives
Objectives (MBO), sehingga kualitas hasil penilaian (BMO), so that the employee performance
kinerja karyawan dapat diukur dan dinilai dengan evaluation result was measurable and assessed
baik dan objektif, selaras dengan pencapaian in a good and objective manner in line with the
target fungsi kerja masing-masing dan kinerja target achievement in each working function and
Perusahaan. the Company’s performance.
Selain hal-hal tersebut, Perusahaan juga melakukan Besides carrying out such activities, the Company also
beberapa inisiatif untuk merealisasikan roadmap conducted several initiatives to realize the roadmap,
tersebut, antara lain: among others:
1) Mendapatkan pengakuan dari kalangan industri 1) Securing recognition from the banking industry
perbankan untuk beberapa bidang yang menjadi for several areas that become the Bank’s strength
kekuatan atau keunggulan Bank. or excellence.
2) Memastikan bahwa proses kerja memenuhi 2) Ensuring that the working processes are in
standar baku eksternal melalui berbagai sertifikasi line with external standard through various
yang berstandar internasional (ISO dan sertifikasi standardized international certifications (ISO and
lainnya). other certifications).
3) Memperbaiki kualitas semua personil Divisi HC 3) Improving the quality of entire personnels within
melalui program-program yang tersertifikasi HC Division through certified programs (Certified
(Certified Human Resources Professional). Human Resources Professional).
4) Mendorong terjadinya proses perbaikan 4) Encouraging the formulation of sustainable
berkesinambungan di segala bidang yang improvement process in entire sector that is
diharapkan menjadi ciri khas tiap unit kerja. expected to become an identity of every working
5) Melaksanakan campaign budaya kerja yang unit.
berkesinambungan, dalam rangka menciptakan 5) Carrying out sustainable working culture
budaya kerja yang menunjang kinerja. campaign in creating working culture that
6) Human Capital Division juga telah mempersiapkan supports performance.
beberapa program pendidikan yang akan 6) Human Capital Division has prepared several
menunjang target bisnis dan operasional, di education programs that will support business
antaranya adalah: and operational targets, such as:
i. Melaksanakan Officer Development Program i. Carrying out Officer Development Program
(ODP) yang akan menunjang ketersediaan (ODP) that will support the availability of
tenaga kerja yang bertalenta tinggi. highly-talented human resources.
ii. Melaksanaan Branch Operational Development ii. Conducting Branch Operational Development
Program (BODP) guna menghasilkan kader Program (BODP) to produce reliable
staf operasional cabang dengan kemampuan operational staff in branch offices with skills
sesuai dengan kompetensi yang dibutuhkan. that are in line with the required competencies.
Rincian realisasi rencana kerja beserta jangka waktu The detail of working plan as well as the period of
pelaksanaannya dicantumkan dalam tabel berikut ini: implementation is shown in the following table:

UIC Plan Deliverables Timeline
Menjalin kerja sama dengan rekrutmen agar List recruitment dan outsourcing agent yang Mar 2018
dapat memperluas jangkauan pencarian untuk disetujui.
mendapatkan kandidat-kandidat yang sesuai List recruitment and oursourcing agents
1 kualifikasi kebutuhan. approved.
Establish cooperation with recruitment to expand
the outreach to attain candidates that match the
HC Business Partner
required qualification.
Memenuhi target rekrutmen sesuai dengan Pemenuhan target rekrutmen sesuai dengan Jan-Des 2018
rencana pemenuhan Man Power Planning jadwal yang disepakati bersama seluruh segmen
yang sudah disetujui perusahaan dengan bisnis.
mengedepankan tingkat efisiensi seoptimal Achievement of recruitment target in line with the
2
mungkin. scheduled agreed with entire business segments.
Achieve the recruitment target in line with
the Man Power Planning target agreed by the
Company by prioritizing efficiency.
Memonitor dengan baik kualitas rekrutmen sesuai Penggunaan StandarKompetensi. Jan-Des 2018
dengan standar kompetensi yang telah dibangun. Utilization of Competence Standard.
3
Monitor the quality of recruitment process based
on the competence standard formulated.
Melakukan review atas organization structure
Membangun dan menyempurnakan Organization
secara bankwide.
Structure Bankwide dan seluruh bisnis serta unit
Bersama dengan pimpinan unit kerja melakukan
kerja lainnya.
1 review atas organisasi di bawah supervisinya. Jan-Dec 2018
Establish and improve Organizaiton Structure
Conduct review on organization structure
Bankwide and entire business and other working
bankwide. Together with the working unit leader,
units.
conduct review on organization under them.
• Menyelesaikan seluruh Job Description dan
• Penyempurnaan Job Description. mendistribusikan manual ke setiap unit kerja.
• Menyempurnakan Job Grading sesuai dengan • Me-review job grading yang telah ada.
Organization Structure yang telah disetujui. • Melakukan review dan menyempurnakan
• Penyempurnaan Competency Model. competency model.
2 • Improvement of Job Description. • Complete entire Job Description and distribute Jan-July 2018
• Improvement of Job Grading according to the the manual to entire working unit.
Organization Structure approved. • Review existing job grading.
• Improvement of Competency Model. • Review and improve competency model.
HC Center of Expertise
Menyempurnakan target KPI 2018 dan memonitor

implementasinya.
Membangun program E-Performance
Management System untuk memfasilitasi
Penyempurnaan & pengembangan KPI berbasis
penilaian kinerja yang terdokumentasi secara
E-Performance Management System.
3 digital dan mempermudah penilaian karyawan. Jan-July 2018
Improvement and Development of KPI based on
Improvement of KPI 2018 and monitor its
E-Performance Management System.
implementation.
Establish E-Performance Management System to
facilitate the digitally documented performance
evaluation and simplify employee assessment.
Implementasi dari Model Talent management dan

Membangun model Talent Management. penyusunan SOP
4 Jan-July 2018
Develop Talent Management Model. Implementation from Talent Management Model
and formulation of SOP
Menyelesaikan, & me-reviewProsedur Human

Capital.
Membentuk Kebijakan dan Prosedur di Human Mendapatkan sertifikasi ISO 9001:2015. Jan-Des 2018
Capital. Sosialisasi Policy dan Procedure HC berbasis ISO
5 Developing Policy and Procedure in Human 9001:2015.
Capital. Complete and review Human CapitalProcedure.
Earn ISO 9001:2015 certification.
Socialization of HC Policy and Procedure based
on ISO 9001:2015.

Mengembangkan training program berbasis Menyelenggarakan pelatihan berbasis standar Jan-Juni 2018
standar kompetensi. kompetensi yang diperlukan dalam job Jan-June 2018
1 Develop training program based on competence competency requirement.
standard. Conduct training based on competence standard
required in job competency requirement.
Pengukuran training. Pengembangan metode pengukuran training Jan-Juni 2018
Training measurement. impact. Jan-June 2018
2
Development of training impact measurement
method.
Selain fasilitas e-learning yang telah ada, akan Juli-Des 2018
dikembangkan fitur baru berupa mobile & July – Dec 2018
multimedia learning yang akan mempermudah
seluruh karyawan mengakses materi pembelajaran
Pengembangan fitur e-learning. darimana saja dan kapan saja.
3
E-learning feature development. Other than the existing e-learning facility,
new feature was developed such as mobile &
multimedia learning that will ease all employees
HC Learning & Service Quality
to access the learning material wherever and

whenever.
Melakukan pengembangan modul pelatihan Jan-Juni 2018
berkualitas yang disesuaikan dengan kebutuhan Jan-June 2018
J Trust Bank dan dapat diakses oleh seluruh
Pengembangan modul.
4 karyawan.
Module development.
Carry out qualified training module development
adjusted to the demand of JTrust Bank and
accessible for all employees.
Melakukan pembuatan program pendidikan terkait Jan-Juni 2018
peningkatan layanan prima untuk mencapai Jan-June 2018
standar service quality dengan parameter internal
maupun eksternal.
Melakukan service qualitycampaign program yang
Service Quality Awereness. ditujukan bagi seluruh karyawan.
5
Conduct the formulation of education program
related to the improvement of service excellence
to achieve service quality standard with internal
and external parameters.
Conduct service quality campaign program aimed
for all employees.
Membuat dan melaksanakan corporate culture Jan-Juni 2018
campaign program yang ditargetkan akan Jan-June 2018
membentuk kepribadian positif dan integritas
yang tinggi dari seluruh karyawan JTrust Bank.
6 Corporate Culture Engagement.
Formulate and conduct targeted corporate
culture campaign program that will form positive
personality and high integrity from all JTrust Bank
employees.
Adanya rencana penambahan benefit asuransi Pembaharuan ke dalam Policy dan PKB. Juni 2018
komersil berupa program maternity. Amendment to the Policy and Labor Agreement. June 2018
1
The plan to increase commercial insurance benefit
in form of maternity program.
HC-Government & Industrial Relation
HC Center of Operation Excellent
Rencana perpanjangan program asuransi DnO dan Dec 2018

Asuransi DnO dan purna jabatan. purna jabatan. Dec 2018
2
Post-position and DnO insurance. Plan to extend DnO and post-position insurance
program.
Evaluasi program ERP dan perencanaan Dec – 2018
3 pelaksanaan program bila dibutuhkan.
Early Retirement Program (ERP).
Evaluation of ERP program and planning for
program delivery if needed.
Review dan pembaharuan PKB beserta dengan Sept - 2018
pelaksanaan sosialisasi.
4 Collecting Labor Agreement (PKB).
Review and amend Labor Agreement concurrent
with the socialization process.
Rencana perpanjangan program asuransi DnO dan
Asuransi DNO dan purna jabatan. purnajabatan. Dec 2018
5
DnO and post-position insurance. DnO and post-position insurance extension
program.

1 Remunerasi berdasarkan organisasi performance Besarnya remunerasi dinilai berdasarkan Jan – Des 2018
based. pencapaian target dan kinerja yang dinilai dalam Jan-Dec 2018
Performance-based organization remuneration. KPI individu.
The amount of remuneration is measured based on
target achievement and performance measured in
individual-level KPI.
2 Salary Structure 2018. Salary Structure berdasarkan internal equity, Jan - Des 2018
external equity, dan kemampuan perusahaan. Jan-Dec 2018
Salary Structure based on internal equity, external
equity, and the company’s ability.
3 HC Budgeting 2018. Tersedianya HC Budgeting 2018. Jan – Feb 2018
The availability of HC Budgeting 2018.
4 Program Insentif 2018. Skema insentif berdasarkan pencapaian target. Jan – Jun 2018
Incentive Program in 2018. Incentive scheme based on target achievement.
5 Implementasi HRIS. - Implementasi ESS (operation&strategic). Jan – April 2018
HRIS Implementation. - Manage employee database.
- Manage self service (dashboard).
- Implementation of EES (operation and
strategic).
- Manage employee database.
1 Review Project dan Biaya HC dan membuat Hasil Review dan laporan serta materi Mingguan &
laporan secara tertulis serta presentasinya. presentasinya. Bulanan
Review HC Project and Expenses and formulate Review result and report as well as presentation Weekly and
written report as well as the presentation. materials. monthly
2 Melakukan audit HC ke cabang seluruh Indonesia. Sebagai QA selain memastikan kualitas Jan – Des 2018
QA
Conduct HC audit to entire branches in Indonesia. pelaksanaan prosedur HC di kantor pusat, QA Jan-Dec 2018
perlu memastikan pelaksanaan prosedur HC di
cabang-cabang.
As QA other than ensuring the quality of HC
procedure delivery in headquarters, QA has to
ensure the HC procedures are delivered in entire
branches.
Dalam menjalankan pengelolaan SDM melalui tahap- In implementing HR management through the
tahap tersebut di atas, Bank akan tetap menerapkan aforementioned stages, the Bank will continue
prinsip SDM-nya, yaitu: implementing its HR principles:
1) Integritas dan kepercayaan adalah nilai utama 1) Integrity and trust are the most important values
terpenting yang dijunjung tinggi. to be upheld.
2) Pemenuhan karyawan berkualitas dalam 2) The fulfillment of high-quality employees in
mendukung kinerjabisnis melalui proses rekrutmen supporting business performance through
yang lebih berkualitas dan individual development qualified recruitment process and individual
plan. development plan.
3) Memberikan reward dilakukan dengan adil secara 3) Reward is given fairly internally, as well as
internal, serta kompetitif dan menarik secara competitive and appealing externally, based on
eksternal, dengan berbasis pada kinerja individu individual and organizational performance.
dan organisasi.
4) Membangun kompetensi digital banking 4) Developing digital banking competency by
dengan mengadakan pelatihan, seminar, serta holding trainings, seminars, as well as preparing
mempersiapkan tim yang akan menjalankan teams that will carry out special projects in
project khusus dalam rangka mempersiapkan preparing financial technology-related programs.
program terkait financial technology.
5) Membangun iklim kerja yang positif untuk 5) Developing positive working environment to
mendukung kinerja dan pencapaian. support performance and achievement.
6) Pemanfaatan sumber daya yang optimal untuk 6) Optimal utilization of resources for employee
pengembangan karyawan. development.

Program Pelatihan Karyawan Employee Training Program

Pada tahun 2018, J Trust Bank berfokus pada program In 2018, J Trust Bank focused on training programs as
pelatihan sebagai berikut: follows:
1) Auditor certification 1) Auditor certification
2) Appraisal certification 2) Appraisal certification
3) Risk management certification 3) Risk management certification
4) Treasury dealer certification 4) Treasury dealer certification
5) Officer Development Program 5) Officer Development Program
6) Quality Assurance 6) Quality Assurance
7) Leadership 7) Leadership
8) Core banking system 8) Core banking system
9) Bancassurance & AAJI certification 9) Bancassurance& AAJI certification
10) New credit process 10) New credit process
11) Cash management 11) Cash management
12) Product knowledge 12) Product knowledge
13) Restructuring and effective credit rescue 13) Restructuring and effective credit rescue
14) Fintech& digital banking 14) Fintech& digital banking
15) Account monitoring 15) Account monitoring
16) Anti fraud 16) Anti fraud
17) APU-PPT 17) APU-PPT
18) Trade finance 18) Trade finance
19) Credit analysis 19) Credit analysis
20) Branch operational SOP refreshment 20) Branch operational SOP refreshment
21) Dan lain sebagainya 21) Etc.
Komposisi Karyawan Tahun 2018 Composition of Employees in 2018

Untuk menjamin ketersediaan SDM yang kompeten, To ensure the availability of competent human
Perusahaan melakukan kegiatan rekrutmen dan resources, the Company performed employee
seleksi karyawan sesuai dengan kebutuhan dan asas recruitment and selection activities based on needs
efektivitas. Hingga 31 Desember 2018, jumlah karyawan and principle of effectiveness. As of December 31, 2018,
Perusahaan mencapai 947 karyawan, turun tipis bila the number of employees reached 947 employees,
dibandingkan jumlah karyawan tahun 2017 yaitu 984 slightly declined compared to 984 employees in 2017.
karyawan.
Adapun komposisi dan perbandingan karyawan secara The comparative composition and structure of
komparatif selama dua tahun terakhir berdasarkan employees over the last two years based on the level of
tingkat pendidikan, usia, level jabatan, jenis kelamin, education, age, position, gender, employment status,
status kepegawaian, dan masa kerja dapat dilihat and years of service are available in the following table:
dalam tabel berikut ini:
Komposisi Karyawan Berdasarkan Tingkat Pendidikan Employee Composition Based on Education Level
Komposisi Karyawan Berdasarkan Tingkat Pendidikan

Employee Composition Based on Education Level
Pendidikan 2018 2017 Education
S3 0 0 Post Graduate 10,13 0
0,84 5,59
S2 53 54 Post Graduate
0,42
S1 646 657 Bachelor Degree
D4 0 0 Diploma 4 14,78
D3 140 143 Diploma 3 0

2018
D2 4 5 Diploma 2 %
68,21
D1 8 10 Diploma 1
Lainnya 96 115 Others
Total 947 984 Total

Komposisi Karyawan Berdasarkan Usia
Employee Composition Based on Age
Usia (tahun) 2018 2017 Age (years)
15-19 0 0 15-19
20-24 68 50 20-24 0,63 0
0
9,18 7,18
25-29 188 219 25-29
30-34 185 181 30-34 13,72
35-39 160 152 35-39
40-44 123 147 40-44 19,85
2018
45-49 130 151 45-49 12,98 %
50-54 87 73 50-54
55-59 6 10 55-59 19,53
>60 0 1 >60
Total 947 984 Total 16,89
Komposisi Karyawan Berdasarkan Level Jabatan

Employee Composition Based on Position
Level 2018 2017 Level
Kepala Divisi 20 24 Division Head
Wakil Kepala Divisi 10 5 Vice of Division Head 0 2,11
Kepala Regional 0 2 Regional Head 1,05
0 0
Kepala Bagian 88 82 Unit Head 9,29
4,54
Pimpinan Cabang 43 39 Branch Manager
0
Wakil Pimpinan Cabang 0 - Vice of Branch Manager
Kepala Seksi 151 174 Section Head 15,94
2018
Kepala Bagian Operasional 45 44 Operations Head %
Operasional Officer 73 - Operations Officer
Officer/Staff 517 321 Officer/Staff 4,75
Clerk/Karyawan Dasar 0 271 Clerk/Basic Employee
54,59
Non Clerk 0 22 Non Clerk 7,70
Total 947 984 Total
Komposisi Karyawan Berdasarkan Jenis Kelamin

Employee Composition Based on Gender
Jenis Kelamin 2018 2017 Gender
45,19 54,81
Pria 519 563 Male 2018
%
Wanita 428 421 Female
Total 947 984 Total
11,94
Komposisi Karyawan Berdasarkan Status
Employee Composition Based on Status
Status Karyawan 2018 2017 Employee Status
Tetap 834 881 Permanent Employee 88,06
2018
Kontrak 113 103 Non Permanent %
Total 947 984 Total

Komposisi Karyawan Berdasarkan Masa Kerja

Employee Composition Based on Working Period 7,07 1,79
Masa Kerja (tahun) 2018 2017 Time of Service (years)
6,33
0-5 584 582 0-5
6-10 144 153 6-10 7,91
11-15 75 85 11-15
2018
16-20 60 86 16-20 %
15,20 61,66
21-25 67 67 21-25
>25 17 11 >25
Total 947 984 Total
Alokasi Dana Pengembangan SDM Tahun Budget Allocation for HR Development in

2018 2018
Biaya pengembangan SDM tahun 2018 adalah sebesar The budget for HR development in 2018 was
Rp9.241.797.946 (sembilan miliar dua ratus empat Rp9,241,797,946 (nine-billion two-hundred-and-
puluh satu juta tujuh ratus sembilan puluh tujuh ribu fourty-one-million seven-hundred-ninety-seven-
sembilan ratus empat puluh enam Rupiah). thousand and nine-hundred-fourty-six Rupiah).
Kesetaraan dan Kesempatan Kerja Equality and Employment Opportunities

Dalam rangka untuk menjaga keberlangsungan In order to maintain the Company’s long-term
perusahaan dalam jangka panjang maka diterapkan sustainability, the Bank adopts recruitment and career
kebijakan rekrutmen serta pengembangan karir yang development policies based on the principles of
berlandaskan prinsip keadilan dan keterbukaan. fairness and transparency.
Setiap karyawan memiliki potensi dan kapasitas untuk Every employee has the potential and capacity to
berkembang sesuai dengan kebutuhan PT Bank JTrust develop in accordance with the needs of PT Bank
Indonesia Tbk. Dengan demikian, masing-masing JTrust Indonesia Tbk. Thus, each employee has the
karyawan memiliki hak dan kewajiban yang sama untuk same rights and obligations to participate in the
turut serta dalam program pendidikan dan pelatihan planned education and training programs of the Bank,
yang sudah direncanakan Bank, sesuai dengan sistem in accordance with the specified rating system.
penilaian yang ditentukan.
J Trust Bank memberikan kesempatan yang sebesar- JTrust Bank provides the greatest opportunity to
besarnya kepada seluruh jajaran karyawan untuk all employees to expand, deepen and improve their
memperluas, memperdalam, dan meningkatkan capability so that in the course of time they can meet
kemampuan yang mereka miliki sehingga pada saatnya the criteria needed to occupy a certain position or
nanti dapat memenuhi kriteria yang dibutuhkan untuk rank, based on the Bank’s business needs.
mengisi suatu jabatan ataupun posisi tertentu, sesuai
kebutuhan Bank.
Sepanjang tahun 2018, telah berlangsung proses Throughout 2018, there were some process of
promosi, rotasi, dan mutasi terhadap karyawan internal promotion, rotation, and transfer of internal employees
sesuai dengan kebutuhan Perseroan. in accordance with the needs of the Company.
Rasio Gaji Tertinggi dan Terendah Ratio of Highest and Lowest Salary
Gaji adalah hak pegawai yang diterima dan dinyatakan Salary is the right of an employee received and stated
dalam bentuk uang sebagai imbalan dari perusahaan/ in form of money as a reward from the company/job
pemberi kerja kepada pegawai yang ditetapkan provider to the employee as determined and paid
dan dibayarkan menurut suatu perjanjian kerja, according to contract, agreement or regulation, on
kesepakatan, atau peraturan perundang-undangan particular job and/or services rendered.
atas suatu pekerjaan dan/atau jasa yang telah
dilakukannya.

Berikut adalah rasio gaji tertinggi dan terendah tahun The highest and lowest salary ratio in the year of 2017
2017 dan 2018, dalam skala perbandingan: and 2018 in comparison are as follows:
Rasio/Ratio
Rasio Gaji Salary Ratio
2018 2017
Rasio gaji pegawai yang tertinggi dan

1 : 25 1 : 23 Ratio of highest to lowest employee salary
terendah
Rasio gaji Direksi yang tertinggi dan Ratio of highest salary to lowest Board of
1 : 2,3 1 : 2,5
terendah Directors salary
Rasio gaji Komisaris yang tertinggi dan Ratio of highest salary to lowest Board of
1:1 1:1
terendah Commissioners salary
Rasio gaji Direksi tertinggi dan pegawai Ratio of highest salary of Board of
1 : 2,5 1:3
tertinggi Directors to lowest employee salary
Gaji yang diperbandingkan dalam rasio gaji tersebut The salaries compared within the salary ratio are the
adalah imbalan yang diterima oleh anggota Dewan remuneration received by members of the Board of
Komisaris, Direksi, dan pegawai per bulan. Yang Commissioners, Board of Directors and employees
dimaksud dengan pegawai adalah pegawai tetap per month. Employee is a permanent employee of
PT Bank JTrust Indonesia Tbk dari tingkat pelaksana PT Bank JTrust Indonesia Tbk. from the executing level
sampai Kepala Divisi. to Division Head.
Strategi dan Rencana Kerja Peningkatan Strategy and Action Plan for Improved
Service Excellence Service Excellence
Bank mengembangkan monitoring tools untuk melihat The Bank developed monitoring tools to see
pemahaman karyawan terhadap standar layanan yang employees’ understanding on the existing service
ada, serta untuk mengukur tingkat kepuasan nasabah standard, and to measure the satisfaction level of
yang dilakukan secara internal maupun eksternal, dan costumers conducted internally and externally, and
akan digunakan sebagai evaluasi tingkat kepuasan will be utilized to evaluate the satisfaction level of
nasabah dan melakukan perbaikan demi tercapainya customers and to make improvement to achieve
service excellence. service excellence.
Realisasi dan Rencana Kerja dan Kinerja Realization and Working Plan and Corporate
Pengelolaan Corporate Culture Culture Management Performance
Bank telah meluncurkan visi, misi, dan nilai-nilai baru The Bank has launched new vision, mission, and values
di tahun 2018 dan telah melakukan sosialisasi secara in 2018 and conducted continuous socialization so
berkesinambungan agar nilai-nilai yang dianut dapat that these values are continuously implemented as the
terus dipergunakan sebagai sarana pencapaian visi platform to achieve the Company’s vision and mission.
misi Perusahaan.
Nilai-nilai (values) yang ditetapkan dan disosialisasikan Values that are set and socialized as the corporate
sebagai budaya perusahaan tersebut adalah: culture are: Supernova Team (Speed, Uniqueness,
Supernova Team (Speed, Uniqueness, Professionalism, Professionalism, Innovation, and Teamwork).
Innovation, Teamwork).
Strategi dan Pengembangan Pengelolaan Strategy and Development of Service and

Service dan Budaya Culture Management
Bank menciptakan program “Ultimate Customer First” The Bank created the “Ultimate Customer First”
dengan semangat meningkatkan standar pelayanan, program with the spirit to increase service standard,
tidak hanya di kantor cabang namun juga dilakukan not only in branches but also in the headquarters. The
di kantor pusat. Komponen dalam “Ultimate Customer component in “Ultimate Customer First” is Service
First” adalah Kecepatan Pelayanan, Mengikuti SOP Speed, Strict SOP Compliance, Information Accuracy,
dengan Ketat, Akurasi Informasi, Kesan/Penampilan Impression/Look is Everything, Communication and
adalah Segalanya, Kelayakan Tanggapan & Komunikasi. Response Eligibility.

Rencana Kerja SDM 2019 HR Work Plan 2019

Sesuai dengan rencana kerja SDM 2019, maka program In line with the HR work plan of 2019, the work plan
kerja yang akan dilaksanakan di tahun 2019 adalah that will be implemented in 2019 is as follows:
sebagai berikut:
Memenuhi target rekrutmen sesuai dengan rencana Pemenuhan target rekrutmen sesuai dengan Jan-Des 2019
pemenuhan Man Power Planning yang sudah jadwal yang disepakati bersama seluruh segmen Jan-Dec 2019
disetujui Perusahaan dengan mengedepankan bisnis.
tingkat efisiensi seoptimal mungkin Achievement of recruitment target according
1
HC BP & Talent Acquisition
Meet recruitment target according to Man Power to schedule approved together with all business
Planning requirement approved by the Company segments.
by prioritizing efficiency optimally.
Memonitor dengan baik kualitas rekrutmen sesuai Penggunaan StandarKompetensi. Jan-Des 2019
dengan standar kompetensi yang telah dibangun. Utilization of Competence Standard Jan-Dec 2019
2
Monitor the quality of recruitment according to
the developed competence standard.
Menggunakan sistem digital e-recruitment Sistem digi-recruitment. Jan-Des 2019
(paperless) dalam proses rekrutmen dimulai dari Digi-recruitment system. Jan-Dec 2019
awal proses sampai dengan karyawan bergabung.
3
Use e-recruitment system in recruitment process
starting from the beginning of recruitment process
until the contract agreement.
Melakukan review atas organization structure Jan-Des 2019
Membangun dan menyempurnakan Organization secara bankwide. Jan-Dec 2019
Structure Bankwide dan seluruh bisnis serta unit Bersama dengan pimpinan unit kerja melakukan
kerja lainnya. review atas organisasi di bawah supervisinya.
1
Establish and improve Organization Structure Conduct review on organization structure
Bankwide and entire business and other working bankwide.
units. Together with the working unit leaders conduct
review on organization under them.
• Menyelesaikan seluruh Job Description dan Jan-Des 2019
HC OD & Performance Management
• Penyempurnaan Job Description. mendistribusikan manual ke setiap unit kerja. Jan-Dec 2019
• Menyempurnakan Job Grading sesuai dengan • Me-review job grading yang telah ada.
Organization Structure yang telah disetujui. • Melakukan review dan mengevaluasi
• Penyempurnaan Competency Model. competency model.
2
• Improvement of Job Description • Complete entire Job Description and distribute
• Improvement of Job Grading according to the the manual to entire working unit.
Organization Structure approved. • Review existing job grading.
• Improvement of Competency Model. • Review and improve competency model.
Memonitor target KPI 2019 serta implementasinya. Jan-Des 2019

Membuat program e-Performance Management Jan-Dec 2019
System untuk memfasilitasi penilaian kinerja yang
Membuat KPI berbasis e-Performance terdokumentasi secara digital dan mempermudah
Management System penilaian karyawan.
3
Develop KPI based on e-Performance Management Monitor KPI Target 2019 and its implementation.
System Develop e-Performance Management System
program to facilitate digitally-documented
performance evaluation and simplify employee
assessment.
Implementasi dari model Talent management dan Jan-Des 2019
Membangun model Talent Management. penyusunan SOP. Jan-Dec 2019
4
Develop Talent Management Model. Implementation from Talent Management model
and formulation of SOP.

1 Mengembangkan training program berbasis Menyelenggarakan pelatihan berbasis standar Jan-Des 2019
standar kompetensi. kompetensi yang diperlukan dalam job Jan-Dec 2019
Develop training program based on competence competency requirement.
standard. Conduct training based on competence standard
required in job competency requirement.
2 Pengembangan modul. Melakukan pengembangan modul pelatihan Jan-Des 2019
Modul development. berkualitas yang disesuaikan dengan kebutuhan Jan-Dec 2019
J Trust Bank dan dapat diakses oleh seluruh
karyawan.
Conduct module on qualified training development
adjusted with the needs of J Trust Bank and

accessible for all employees.
3 Corporate Culture Engagement. Membuat dan melaksanakan corporate culture Jan-Des 2019
campaign program yang ditargetkan akan Jan-Dec 2019
membentuk kepribadian positif dan integritas
yang tinggi dari seluruh karyawan J Trust Bank.
Formulate and implement corporate culture
campaign program that will form positive
personality and high integrity of all employees of
J Trust Bank.
4 Credit Culture Enhancement. Membuat Credit Culture Concept & Jan-Des 2019
mensosialisasikannya ke seluruh Team Business Jan-Dec 2019
Credit&Credit Support (termasuk proses disiplin).
Formulate Credit Culture Concept and socialize it
to entire Business Credit and Credit Support Team
(including process of discipline).
5 Credit Team assessment & training. Mengidentifikasi kompetensi tim kredit setiap Nov-Dec 2019
tahun serta melakukan pelatihan atas pemenuhan
gap kompetensi mereka.
Identify the credit team competence every year as
well as conduct training on filling the gap of their
competence.
1 Asuransi Director & Officer Liability (DnO). Rencana perpanjangan program asuransi DnO. Dec 2019
Director & Officer Liability (DnO) Insurance. Plan to extend DnO and post-position insurance
HC Comben & Executive Services
program.
HC-Government & Industrial
2 Early Retirement Program (ERP). Evaluasi program ERP dan perencanaan Dec 2019
pelaksanaan program bila dibutuhkan.
Evaluation of ERP program and planning for
program delivery if needed.
Relation
3 Collecting Labor Agreement (PKB). Pelaksanaan Sosialisasi dan Implementasi PKB. Maret 2019
Carrying out PKB Socialization and March
Implementation.
4 Asuransi purna jabatan. Implementasi program asuransi purna jabatan. Dec 2019
Post-position insurance. Implementation of post-position insurance.
1 Remunerasi berdasarkan performance based Besarnya remunerasi dinilai berdasarkan Jan-Des 2019
organization. pencapaian target dan kinerja yang dinilai dalam Jan-Dec 2019
Performance-based organization remuneration. KPI Individu.
The amount of remuneration is measured based on
target achievement and performance measured in
individual-level KPI.
2 Salary Structure 2019. Salary Structure berdasarkan internal equity, Jan-Des 2019
external equity, dan kemampuan Perusahaan. Jan-Dec 2019
Salary Structure based on internal equity, external
equity, and the Company’s ability.
3 HC Budgeting 2019. Tersedianya HC Budgeting 2019. Jan – Feb 2019
The availability of HC Budgeting 2019.
4 Program Insentif 2019. Skema insentif berdasarkan pencapaian taget. Jan – Jun 2019
Incentive Program in 2019. Incentive scheme based on target achievement.
5 Implementasi HRIS. - Implementasi ESS (operation & strategic). Jan – Jun 2019
HRIS Implementation. - Manage employee database.
- Implementation of EES (operation and
strategic).
- Manage employee database.

1 Review Project Policy dan Biaya Dinas HC Hasil Review Policy dan laporan serta materi Bulanan di
dan membuat laporan secara tertulis serta presentasinya. tahun 2019
presentasinya. Review result and report as well as presentation Monthly in 2019

Review HC Project and Expenses and formulate materials.
written report as well as the presentation.
2 Melakukan audit dan sosialisasi HC ke cabang Sebagai QA selain memastikan kualitas Jan-Des 2019
seluruh Indonesia. pelaksanaan prosedur HC di kantor pusat, QA Jan-Dec 2019
Conduct HC audit and socialization to entire perlu memastikan pelaksanaan prosedur HC di
branches in Indonesia. cabang-cabang.
As QA other than ensuring the quality of HC
procedure delivery in headquarters, QA has to
ensure the HC procedures are delivered in entire
branches.
3 Review Audit Surveillance terkait ISO 9001-2015. Hasil dari audit surveillance terkait ISO 9001-2015. Maret 2019
The result of audit surveillance related to ISO March 2019
9001-2015.
Rencana Pemanfaatan Tenaga Kerja Asing Planned Utilization of Foreign Workers in

2019 2019
Dengan dimilikinya PT Bank JTrust Indonesia Tbk. As PT Bank JTrust Indonesia Tbk. is a foreign-owned
oleh perusahaan asing, sejak tahun 2015 Bank telah company, since 2015the Bank has been utilizing foreign
melakukan pemanfaatan Tenaga Kerja Asing (TKA) workers for the position of Board of Commissioners
untuk posisi Dewan Komisaris dan jajaran Direksi. and Directors. In line with the Bank’s Business Plan
Sejalan dengan Rencana Bisnis Bank untuk tahun for 2019, PT Bank JTrust Indonesia Tbk utilizes foreign
2019 maka PT Bank JTrust Indonesia Tbk melakukan workers for Executive Officers level with the aim to:
pemanfaatan Tenaga Kerja Asing untuk level Pejabat
Eksekutif dengan tujuan antara lain:
1) Penggunaan TKA Pejabat Eksekutif Japan 1) Utilize Japanese Linkage Foreign Executive
Linkage: Officers:
a. Semakin banyak investor Jepang yang masuk a. The increasing number of Japanese investors
untuk melakukan investasi di Indonesia entering Indonesia both individually and
baik perorangan maupun perusahaan. institutionally. Observing this business
Memperhatikan potensi bisnis tersebut maka potential, PT Bank JTrust Indonesia Tbk
PT Bank JTrust Indonesia Tbk akan mencoba strives to develop funding and lending
mengembangkan bisnis funding dan lending business particularly to the many Japanese
khususnya kepada komunitas Jepang yang communities living in Indonesia.
cukup banyak di Indonesia.
b. Untuk dapat mengembangkan potensi b. To be able to develop this potential, JTrust
tersebut maka JTrust Bank memandang perlu Bank sees the need to place Japanese Foreign
menempatkan Tenaga Kerja Asing untuk Workers for Executive Officers position who
posisi Pejabat Eksekutif yang berkebangsaan understand Japanese culture to penetrate the
Jepang yang sangat mengenal karakter Japanese community market. It is required to
budaya Jepang terhadap pangsa pasar develop more intense communication with
komunitas Jepang. Hal ini diperlukan untuk approaches acceptable in Japanese culture,
mengembangkan komunikasi yang lebih develop service standard to customers aiming
intens dengan pendekatan-pendekatan to attract and maintain existing customers
sesuai budaya Jepang, mengembangkan and new customers.
standardisasi pelayanan kepada nasabah
dengan tujuan mempermudah menarik serta
mempertahankan nasabah existing atau
nasabah baru.

2) Penggunaan TKA Pejabat Eksekutif Manajemen 2) Utilization of Foreign Workers for Risk
Risiko: Management Executive Officer:
Memperhatikan beberapa hal yang berkembang Considering several matters developing in JTrust
saat ini di J Trust Bank, maka JTrust Holding Bank, JTrust Holding and the Bank’s Management
dan Manajemen Bank merasa perlu melakukan find it necessary to conduct improvement
perbaikan dalam hal pengelolaan Manajemen in Risk Management in the Bank. With the
Risiko di Bank.Sejalan dengan mundurnya Pejabat resignation of Executive Officer responsible for
Eksekutif yang membidangi Manajemen Risiko/ Risk Management/RMD, JTrust Bank proposes
RMD maka JTrust Bank mengajukan Tenaga Kerja to employ Foreign Worker to become Risk
Asing untuk menjadi Pejabat Eksekutif Manajemen Management Executive Officer. This decision
Risiko. Pertimbangannya adalah bahwa kandidat considers that the candidate has ample experience
tersebut memiliki pengalaman yang cukup in Risk Management sector.
dibidang Risk Management.
3) Penggunaan TKA Pejabat Eksekutif Corporate 3) Utilization of Foreign Executive Officers for
Secretary & President Office: Corporate Secretary & President Office:
a. Mempertimbangkan adanya kebutuhan a. Considering the need for Executive Officers
Pejabat Eksekutif di Divisi Corporate Secretary in the Corporate Secretary Division and
Division dan President Office, dimana salah President Office, where one the strategic
satu fungsi strategis yang dibutuhkan functions required is to communicate
adalah mampu dalam menjalin komunikasi effectively and have good relationship with
yang efektif dan memiliki relasi yang baik shareholders and investors outside of the
kepada shareholder dan investor diluar Bank, Bank, hence being able to develop good
sehingga mampu membangun image yang image for JTrust Bank as well as having duties
baik bagi JTrust Bank serta memiliki tugas and responsibilities that will be carried out,
dan tanggung jawab yang akan dijalankan among others as communication facilitator
antara lain sebagai fasilitator komunikasi with Commissioners, Directors, Shareholders,
Komisaris, Direksi, Pemegang Saham, Investor, Investors, as well as providing feedbacks to
serta memberi masukan kepada Direksi dan the Board of Directors and Commissioners to
Dewan Komisaris untuk memenuhi ketentuan comply with existing regulations and as the
peraturan perundang-undangan yang berlaku connector between listed companies or public
dan sebagai penghubung antara emiten atau companies with shareholders, the Financial
perusahaan publik dengan pemegang saham, Service Authority, and other stakeholders.
Otoritas Jasa Keuangan, dan pemangku
kepentingan lainnya.
b. Melakukan fungsi komunikasi dalam rangka b. Carrying out communication function in
membangun goodwill keluar perusahaan, developing goodwill outside of the company;
menjaga konsisten pesan dan citra yang maintaining the consistency of messages
ingin disampaikan kepada masyarakat, serta and images delivered to the public; as well
menjaga agar informasi yang disampaikan as maintaining that the information delivered
tidak melanggar hukum, serta memastikan is not against the laws; and ensuring the
ketersediaan informasi dalam pengambilan availability of information in decision making
keputusan Dewan Komisaris dan Direksi. process of the Board of Commissioners and
Directors.

c. Dalam hal penerapan fungsi Strategic terkait c. On the implementation of Strategic function
pekerjaan yang bersifat project-project dalam related to the project-based works in the
kegiatan bisnis Bank yang secara langsung Bank’s business activities that directly
bertanggung jawab kepada Direktur Utama, answers to the President Director, as well as
serta adanya kebutuhan atas representatif the need for Japanese representatives that
Jepang yang dapat mengkomunikasikan are able to communicate directly from the
secara langsung dari Holding kepada JTrust Holding to JTrust Bank to carry out monitoring
Bank untuk melaksanakan proses monitoring process and implementation toward the
dan implementasi terhadap penerapan fungsi implementation of the strategic function.
strategic tersebut.
Year 2019
Additional Employee Business 10
Additional Employee Others 11
Total 21

Bab • Chapter
03
Tata Kelola
Perusahaan
Good Corporate
Governance

Tata Kelola Perusahaan
Good Corporate Governance
Bank berkomitmen untuk mengedepankan

pelayanan yang lebih baik dengan melaksanakan
prinsip-prinsip/asas tata kelola perusahaan yang
baik dan prinsip kehati-hatian dalam setiap
kegiatan usahanya.
The Bank is committed to putting forward better services by
implementing the principles of good corporate governance and
prudence in all of its business conducts.
BAB I PENDAHULUAN
CHAPTER I Foreword
Komitmen PT Bank JTrust Indonesia Tbk. The Commitment of PT Bank JTrust Indonesia Tbk.
PT Bank JTrust Indonesia Tbk secara berkala/setiap PT Bank JTrust Indonesia Tbk regularly/annually in
tahun pada akhir tahun buku mempersiapkan dan the end of the financial year prepares and delivers
menyampaikan Laporan Pelaksanaan Tata Kelola Governance Implementation Report to the interested
kepada pihak-pihak yang berkepentingan seperti parties such as Financial Service Authority (OJK)
Otoritas Jasa Keuangan (OJK) dan Pemegang Saham and the Bank’s shareholders including the report that
Bank termasuk laporan dipublikasikan pada Situs Web published in PT Bank JTrust Indonesia Tbk website in
PT Bank JTrust Indonesia Tbk sesuai dengan ketentuan line with the prevailing regulations.
yang berlaku.
PT Bank JTrust Indonesia Tbk melalui jajaran anggota PT Bank JTrust Indonesia Tbk through its members
Dewan Komisaris, Direksi dan seluruh karyawan of the Board of Commissioners, Directors and entire
berkomitmen mengedepankan pelayanan yang employees are committed to prioritizing better
lebih baik bagi nasabah (customer), pemegang services for customers, shareholders, as well as
saham (shareholder), serta pemangku kepentingan stakeholders, and other parties, by carrying out
(stakeholders) lainnya, dengan melaksanakan prinsip- principles/assessment principles on Good Corporate
prinsip/asas penilaian faktor tata kelola perusahaan Governance factors and prudential principles that are
yang baik (Good Corporate Governance) dan prinsip implemented in every business activity in the effort
kehati-hatian yang diterapkan dalam setiap kegiatan to develop a competitive organization with reliable
usaha dalam upaya membangun organisasi Bank yang human resources in carrying out and developing Bank’s
kompetitif dengan mutu sumber daya manusia yang better business. These are an effort to implement the
andal dalam menjalankan dan mengembangkan bisnis Vision and Mission of PT Bank JTrust Indonesia Tbk

Bank yang lebih baik. Hal ini merupakan upaya dalam that insofar has been socialized entirely through
mengimplementasikan “Visi dan Misi” PT Bank JTrust corporate’s operation and culture, as follow:
Indonesia Tbk yang selama ini telah disosialisasikan
secara menyeluruh melalui kegiatan operasional dan
budaya perusahaan, sebagai berikut:
Visi Vision:
”Menjadi 10 Bank teratas di Indonesia dengan rasio ”Become the top-10 Bank in Indonesia with the
keuntungan tertinggi terhadap aset yang memiliki highest profit to asset ratio that has a unique financial
inovasi teknologi keuangan yang unik untuk technology innovation in providing the best experience
menyediakan pengalaman terbaik bagi nasabah, for the customers, provide contribution for Indonesia’s
memberikan kontribusi bagi perkembangan ekonomi economic development.”
masyarakat Indonesia.”
Misi Mission
• Terus meningkatkan pelayanan melalui • Continuously improve the service through
pengembangan teknologi dan proses bisnis. technological development and business process.
• Menyediakan layanan yang unik, inovatif dan • Provide a unique, innovative, and fastest service
tercepat yang dapat memuaskan pelanggan. that satisfy the consumers.
• Mendukung profesional yang memiliki kinerja • Support professionals that has high performance
tinggi yang akan terus dapat meningkatkan nilai that will continuously increase stakeholders’ value.
stakeholder.
PT Bank JTrust Indonesia Tbk akan terus menciptakan PT Bank JTrust Indonesia Tbk will contentiously creates
lingkungan kerja yang mendukung orang-orang working environment that support high motivated
yang bermotivasi tinggi serta terus memberikan personnels as well as continuously provide better
pengalaman perbankan yang baik melalui solusi yang banking experience through solutions that dedicated
ditujukan untuk masing-masing nasabah dengan core for each customers with “SUPERNOVA TEAM” core
value ”SUPERNOVA TEAM” sebagai perwujudan dari: value as the realization of:

SPEED SPEED
Speed Speed
Selalu mempertimbangkan bagaimana memberikan Continuously considers on how to provide ‘speed’
‘kecepatan’ dalam setiap aspek (layanan kepada in each aspect (customer service, output, replying
pelanggan, hasil kerja, membalas e-mail, dll.), tidak e-mail, etc), does not require perfectness, speed is
perlu sempurna, kecepatan cukup lebih penting more important than perfect.
dibandingkan sempurna.
UNIQUENESS UNIQUENESS
Business Process, Value Added, Technology Business Process, Value Added, Technology
• Menjadi unik di industri perbankan dengan • Become unique in banking industry with owning
memiliki nilai jual yang unik di dalam pekerjaan a unique selling value in the work that we do and
yang kita lakukan dan diri kita sendiri. ourselves.
• Selalu memiliki gairah dalam pikiran anda untuk • Always has passion in your mind to change every
mengubah segala sesuatunya lebih baik dan selalu aspect to become better and always find a better
melihat cara yang lebih baik dalam melakukan way in carrying out your work by adding value
pekerjaan anda dengan menambahkan nilai yang that provide benefit for our business to support
memberikan manfaat pada bisnis kita untuk the existence of our uniqueness.
mendukung eksistensi keunikan kita.
• Menyediakan teknologi keuangan terbaik yang • Provide the best financial technology that provide
memberikan solusi keuangan yang unik. a unique financial solution.
PROFESSIONALISM PROFESSIONALISM
Politeness, Efficiency, Punctual, Passion, Fairness Politeness, Efficiency, Punctual, Passion, Fairness
• Bersikaplah sopan mengenai apapun, jangan • Act polite on anything, do not rude/disappointed.
kasar/kecewa.
• Bersikap hormat satu sama lain. • Respect each other.
• Jadilah efisien dalam apapun yang anda lakukan • Efficient in anything that you do in your work
dalam pekerjaan anda.
• Waktu adalah uang, jadi, tepat waktu dalam segala • Time is money, hence, punctual in every aspect and
hal dan jangan sia-siakan sumber daya berharga do not waste other people’s precious resources
orang lain dan milik anda sendiri. and your own.
INNOVATION INNOVATION
Innovative Innovative
Selalu menjadi inovatif, jangan terpaku pada cara lama/ Always become innovative, do not trapped in old way/
kebiasaan lama, selalu mencoba untuk menciptakan habit, always try to create new method to provide
metode baru untuk melewati situasi. solution.
TEAM WORK TEAM WORK

Teamwork, Transparent Teamwork, Transparent
• Kerjakan prioritas anda bersama dengan tim anda • Carry out your priority with your team and
dan memaksimalkan hasilnya, jangan bergantung maximise the result, do not rely only on your own.
hanya pada diri anda sendiri. • Do not hide/avoid something and become
• Jangan menyembunyikan/menghindari sesuatu transparent in every aspect.
dan jadilah transparan di dalam semua aspek.
Tujuan/Manfaat Penerapan Tata Kelola Bank Objectives/Benefits of Implementing Good

Corporate Governance
Penerapan Tata Kelola pada PT Bank JTrust Indonesia The Implementation of Good Corporate Governance in
Tbk merupakan persyaratan utama yang bertujuan/ PT Bank JTrust Indonesia Tbk is a key requirement that
bermanfaat untuk: aims/benefits to:
• Melindungi dan memperhatikan kepentingan • Protect and take care the interests of all
semua pihak/pemangku kepentingan stakeholders and keep the Bank away from
(stakeholders) serta melindungi Bank dari political intervention and lawsuit.
intervensi politik dan tuntutan hukum.
• Meningkatkan kesungguhan manajemen dalam • Improve the seriousness of the Bank’s management
menerapkan prinsip dasar tata kelola yang baik in applying the basic principles of good corporate
dan kehati-hatian dalam pengelolaan Bank. governance and prudence in Bank management.

• Memperbaiki perilaku Kerja, meningkatkan daya • Improve working behavior, enhancing the Bank’s
saing/kinerja Bank, efisiensi dan pelayanan kepada competitiveness/performance, efficiency and
pemangku kepentingan. service to stakeholders.
• Menarik minat, kepercayaan investor maupun • Create interest, trust from investors and other
mitra usaha lainnya. business partners.
• Memaksimalkan nilai tambah bagi shareholder • Maximize shareholder values or meet the interests
(maximizing shareholder values) atau memenuhi of shareholders on increasing shareholder values
kepentingan shareholders atas peningkatan (share value and dividends).
shareholder values (nilai saham dan dividen).
Dasar Penerapan Tata Kelola Bank Umum Legal Basis for Implementation of Commercial Bank
Governance
Penerapan Tata Kelola PT Bank JTrust Indonesia Tbk The implementation of PT Bank JTrust Indonesia Tbk
mengacu pada standar industri perbankan secara governance refers to the banking industry standard
umum, dengan berpedoman pada berbagai ketentuan in general, based on various laws and regulations
dan peraturan perundang-undangan meliputi: including;
• Undang-Undang Republik Indonesia Nomor 7 Tahun • Law on the Republic of Indonesia No. 7 of 1992
1992 tentang Perbankan sebagaimana telah diubah concerning Banking as amended by Law No. 10 of
dengan Undang-Undang Nomor 10 Tahun 1998. 1998.
• Undang-Undang Republik Indonesia Nomor 40 • Law of the Republic of Indonesia No. 40 of 2007
Tahun 2007 tentang Perseroan Terbatas. on Limited Liability Company.
• Peraturan Otoritas Jasa Keuangan Nomor 55/ • Regulation of the Financial Services Authority 55/
POJK.03/2016 tanggal 7 Desember 2016 tentang POJK.03/2016 dated December 7, 2016 concerning
Penerapan Tata Kelola Bagi Bank Umum. Good Corporate Governance Implementation for
Commercial Banks.
• Surat Edaran Otoritas Jasa Keuangan Nomor 13/ • Circular Letter of the Financial Services Authority
SEOJK.03/2017 tanggal 17 Maret 2017 tentang No. 13/SEOJK.03/2017 dated March 17, 2017 on the
Penerapan Tata Kelola Bagi Bank Umum. Implementation of Good Corporate Governance
for Commercial Banks.
• Peraturan Otoritas Jasa Keuangan Nomor 29/ • Regulation of the Financial Services Authority No.
POJK.04/2016 tanggal 29 Juli 2016 tentang 29/POJK.04/2016 dated July 29, 2016 regarding
Laporan Tahunan Emiten atau Perusahaan Publik. the Issuer’s Annual Report or Public Company.
• Surat Edaran Otoritas Jasa Keuangan Nomor 30/ • Circular Letter of the Financial Services Authority
SEOJK.04/2016 tanggal 3 Agustus 2016 tentang No. 30/SEOJK.04/2016 dated August 3, 2016
Bentuk dan Isi Laporan Tahunan Emiten atau regarding Form and Content of Annual Report of
Perusahaan Publik. Issuers or Public Companies.
• Peraturan Otoritas Jasa Keuangan Nomor 45/ • Regulation of the Financial Services Authority No.
POJK.03/2015 tanggal 23 Desember 2015 45/POJK.03/2015 dated December 23, 2015 on
tentang Penerapan Tata Kelola dalam Pemberian the Application of Good Corporate Governance
Remunerasi Bagi Bank Umum. in the Provision of Remuneration for Commercial
Banks.
• Surat Edaran Otoritas Jasa Keuangan Nomor • Circular Letter of the Financial Services Authority
40/SEOJK.03/2016 tanggal 26 September 2016 No. 40/SEOJK.03/2016 dated September 26, 2016
tentang Penerapan Tata Kelola dalam Pemberian regarding the Implementation of Good Corporate
Remunerasi Bagi Bank Umum. Governance in the Provision of Remuneration for
Commercial Banks.
• Peraturan Otoritas Jasa Keuangan Nomor 21/ • Regulation of the Financial Services Authority
POJK.04/2015 tanggal 16 November 2015 tentang No. 21/POJK.04/2015 dated November 16, 2015
Penerapan Pedoman Tata Kelola Perusahaan on the Implementation of Open Corporate
Terbuka. Governance Guidelines.
32/SEOJK.04/2015 tanggal 17 November 2015 No. 32/SEOJK.04/2015 dated November 17, 2015
tentang Pedoman Tata Kelola Perusahaan Terbuka. on the Open Corporate Governance Guidelines.
POJK.03/2015 tanggal 31 Maret 2015 tentang No. 6/POJK.03/2015 dated March 31, 2015 on
Transparansi dan Publikasi Laporan Bank Transparency and Publication of Bank Reports
sebagaimana telah diubah dengan Peraturan as amended on the Regulation of the Financial
Otoritas Jasa Keuangan Nomor 32/POJK.03/2016 Services Authority No. 32/POJK.03/2016 dated
tanggal 8 Agustus 2016. August 8, 2016.

43/SEOJK.03/2016 tanggal 28 September 2016 No. 43/SEOJK.03/2016 dated September 28, 2016
tentang Transparansi dan Publikasi Laporan Bank concerning the Transparency and Publication of
Umum Konvensional. Conventional Commercial Bank Reports.
POJK.04/2015 tentang Keterbukaan atas Informasi No. 31/POJK.04/2015 on Disclosure of Material
atau Fakta Material oleh Emiten atau Perusahaan Information or Facts by Issuers or Public Companies.
Publik. • The Articles of Association of PT Bank JTrust
• Anggaran Dasar PT Bank JTrust Indonesia Tbk Indonesia Tbk and its amendments.
beserta dengan perubahan-perubahannya. Internalization of other aforementioned provisions
Internalisasi dari berbagai peraturan perundang- and guidelines in the Bank’s internal policies is a
undangan dan pedoman di atas kedalam kebijakan commitment from the Board of Commissioners and
internal Bank merupakan komitmen dari Dewan Directors as well as entire employees.
Komisaris dan Direksi serta seluruh karyawan.
Prinsip-Prinsip/Asas Penilaian Faktor Tata Kelola Principles of Assessment of Governance Factors
Pelaksanaan Tata Kelola di PT Bank JTrust Indonesia The GCG implementation in PT Bank JTrust Indonesia
Tbk mencakup implementasi dari 5 (lima) prinsip Tbk. covers the implementation of 5 (five) basic
dasar/asas penilaian faktor tata kelola yang principles, known as “TARIF” namely: Transparency,
dikenal dengan istilah “TARIF” yakni: Transparansi Accountability, Responsibility, Independency, and
(Transparency), Akuntabilitas (Accountability), Fairness, which can be elaborated as follows:
Pertanggungjawaban (Responsibility), Independensi
(Independency), dan Kewajaran dan kesetaraan
(Fairness), sebagai berikut:
1. Keterbukaan/Transparansi (Transparency) 1. Transparency
Memiliki unsur pengungkapan (disclosure) Having elements of disclosure and information

dan penyediaan informasi secara tepat waktu, provision in a timely, sufficient, clear, accurate, and
memadai, jelas, akurat, dan dapat diperbandingkan comparable manners, as well as easily accessible
serta mudah diakses oleh pemegang saham by shareholders and stakeholders. Transparency
dan pemangku kepentingan (stakeholders). in expressing material and relevant information, as
Keterbukaan dalam mengemukakan informasi well as transparency in implementing the decision
yang material dan relevan, serta keterbukaan dalam making process in which the information must
melaksanakan proses pengambilan keputusan be submitted on time, clear, accurate, and can be
dimana informasi harus disampaikan tepat waktu, compared. Such information should also be easily
memadai, jelas, akurat, dan dapat dibandingkan. accessible to stakeholders in accordance with their
Informasi tersebut juga harus mudah diakses rights.
stakeholders sesuai dengan haknya.
2. Akuntabilitas (Accountability) 2. Accountability
Memiliki unsur kejelasan fungsi dalam organisasi Maintain clarity in functions within the organizations
dan cara mempertanggungjawabkannya. Untuk and methods of accountabilities. In order to ensure
memastikan akuntabilitas, maka fungsi, tugas, dan the accountabilities, all relevant functions, duties,
wewenang berbagai fungsi di dalam organisasi, and authorities of various functions within the
serta pertanggungjawabannya telah diatur dengan organization as well as accountabilities are clearly
jelas sesuai dengan Pedoman Tata Kerja masing- defined in line with the Guideline of each function.
masing fungsi sehingga kinerja semua bagian Therefore the performance of all departments
organisasi dapat dipertanggungjawabkan secara within the organization are accountable in a
sehat/transparan dan terukur, serta memastikan transparent and measurable manner as well
ada tidaknya check and balance dalam pengelolaan as ensuring the checks and balances in the
Bank. Selain itu Bank juga harus memiliki ukuran management of the Bank. In addition, the Bank
kinerja dari semua jajarannya berdasarkan ukuran should having performance parameters for all ranks
yang disepakati secara konsisten sesuai dengan based on agreed standards that are consistent with
nilai perusahaaan (corporate values), sasaran the corporate values, business targets and Bank
usaha, dan strategi Bank, serta memiliki reward strategy, as well as having a reward and punishment
and punishment system. system.

3. Pertanggungjawaban/ Responsibilitas 3. Responsibility

(Responsibility)
Memiliki unsur kepatuhan terhadap peraturan Having elements of compliance toward the laws
perundang-undangan dan ketentuan internal bank and regulations and the internal regulations of
serta bertanggung jawab. Dalam hal ini Bank harus the bank as well as being accountable. In this
memegang prinsip prudential banking practices. case, the Bank should uphold the principles of
Prinsip tersebut dijalankan sesuai dengan prudential banking practices. The principles were
ketentuan dan peraturan perundang-undangan implemented according to the applicable rules
yang berlaku agar tetap terjaga kelangsungan and regulations in order to maintain the continuity
usahanya. Bank juga harus mampu bertindak of the Bank’s business. The Bank should also be
sebagai good corporate citizen (perusahaan yang able to act as a good corporate citizen.
baik).
4. Independensi (Independency) 4. Independency
Memiliki unsur kemandirian dari dominasi pihak Be independent form other parties and be
lain dan objektivitas dalam melaksanakan tugas objective in performing the duties and fulfilling the
dan kewajiban. Dalam hal ini pengelolaan Bank obligations. In this case, the Bank’s management is
dilakukan secara profesional tanpa pengaruh/ done professionally without any influence/pressure
tekanan dari pihak manapun. Selain itu, Bank harus from any party. In addition, the Bank should be
mampu menghindari terjadinya dominasi yang able to avoid an unreasonable domination by
tidak wajar oleh stakeholders. Pengelola Bank stakeholders. The Bank’s management should not
tidak boleh terpengaruh oleh kepentingan sepihak be affected by the unilateral interests and shall
dan harus menghindari segala bentuk benturan avoid any conflicts of interest.
kepentingan (conflict of interest).
5. Kewajaran (Fairness) 5. Fairness
Memiliki unsur perlakuan yang adil dan kesempatan Providing equal treatments and equal opportunities
yang sama sesuai dengan proporsinya. proportionately. The Bank should put the interests
Bank harus memperhatikan kepentingan seluruh of all stakeholders into consideration, based on the
stakeholders berdasarkan asas kesetaraan dan principles of equal and fair treatment and provide
kewajaran (equal treatment), serta memberikan opportunity for stakeholders to provide input for
kesempatan kepada stakeholders untuk the benefit of the Bank, as well as to have access
memberikan masukan bagi kepentingan Bank, to information in accordance with the principle of
serta memiliki akses terhadap informasi sesuai Transparency.
dengan prinsip keterbukaan.
Dalam rangka memastikan penerapan 5 (lima) prinsip In ensuring the implementation of these 5 (five)
dasar Tata Kelola yang baik, Bank secara berkala/ basic principles of GCG, periodically/each semester
semesteran sesuai dengan periode penilaian Tingkat according to the assessment period of Bank’s
Kesehatan Bank melakukan penilaian sendiri (self Health Level in conducting self assessment, the
assessment) penerapan Tata Kelola yang paling sedikit implementation of good governance at least cover 11
meliputi 11 (sebelas) faktor utama dalam penilaian (eleven) main factors in the assessment of governance
penerapan tata kelola sebagai berikut: implementation as follow:
1. Pelaksanaan tugas dan tanggung jawab Direksi; 1. Implementation of Board of Director’s duties and
responsibilities;
2. Pelaksanaan tugas dan tanggung jawab Dewan 2. Implementation of Board of Commissioners’
Komisaris; duties and responsibilities;
3. Kelengkapan dan pelaksanaan tugas Komite; 3. Completeness and implementation of Committee’s
duties;
4. Penanganan benturan kepentingan; 4. Resolution of conflict of interests;
5. Penerapan fungsi kepatuhan Bank; 5. Implementation of the Bank’s compliance
functions;
6. Penerapan fungsi audit intern; 6. Implementation of internal audit;
7. Penerapan fungsi audit ekstern; 7. Implementation of external audit;
8. Penerapan manajemen risiko termasuk sistem 8. Implementation of risk management including
pengendalian intern; internal control system;

9. Penyediaan dana kepada pihak terkait (related 9. Fund provision to the related parties and
party) dan penyediaan dana besar (large provision of substantial amount of funds (large
exposure); exposures);
10. Transparansi kondisi keuangan dan non keuangan 10. Transparency of the Bank’s financial and non-
Bank, laporan pelaksanaan tata kelola dan financial conditions, GCG implementation report
pelaporan internal; and internal reporting;
11. Rencana strategis Bank. 11. The Banks’ strategic plan.
Pelaksanaan penilaian sendiri (self assessment) The implementation of self assessment toward the
terhadap pemenuhan penerapan 5 (lima) prinsip fulfilling the implementation of 5 (five) basic principle
dasar tata kelola Bank yang baik dilakukan secara of the Bank’s good corporate governance is carried
komprehensif dan terstruktur serta dikelompokkan out comprehensively and structurally as well as
dalam Governance System yang meliputi 3 (tiga) separated into Governance System that covers 3
aspek Governance sebagai suatu proses yang (three) Governance aspect as a continuous process as
berkesinambungan, yaitu: follow:
1. Governance Structure 1. Governance Structure

Governance structure merupakan suatu sistem Governance structure is a system that arranges
yang mengatur bagaimana PT Bank JTrust how PT Bank JTrust Indonesia Tbk. is directed and
Indonesia Tbk diarahkan dan dikendalikan untuk controlled to improve the business performance
meningkatkan kinerja bisnis secara accountable accountability and to bring about values for
dan mewujudkan nilai pemegang saham dalam shareholders in a sustainable manner, taking into
jangka panjang (sustainable), dengan tidak account the interests of other stakeholders. The
mengabaikan kepentingan stakeholders lainnya. governance structure in question is the GMS,
Struktur tata kelola dimaksud adalah RUPS, the Board of Commissioners, Board of Directors,
Dewan Komisaris, Direksi, Komite-Komite dan Committees and work units at the Bank. The
satuan kerja pada Bank. Struktur tata kelola governance structure also needs to be supported
juga didukung kecukupan atau ketersediaan by adequacy or availability of infrastructure
infrastruktur kebijakan dan prosedur yang for policies and procedures that are constantly
senantiasa mengacu dan disesuaikan dengan referring to and adapted to the legislation in force,
peraturan perundang-undangan yang berlaku, management information systems, as well as the
sistem informasi manajemen, serta tugas pokok duties and functions (TOR), of each organizational
dan fungsi (tupoksi) masing-masing struktur structure.
organisasi.
2. Governance Process 2. Governance Process

Penerapan Tata Kelola Bank dilaksanakan dengan The GCG implementation requires clear procedures
aturan main yang jelas dalam suatu bentuk in the form of mechanism that is normally
mekanisme atau lazim disebut governance process referred as accountable-governance process, at
yang dapat dipertanggungjawabkan dan sekaligus the same time is also required for the purpose
diperlukan dengan tujuan untuk menilai efektivitas of assessing th effectiveness of implementation
proses pelaksanaan prinsip dasar tata kelola yang of GCG principles supported by the adequacy
didukung oleh kecukupan struktur dan infrastruktur of structures and governance infrastructures
tata kelola PT Bank JTrust Indonesia Tbk sehingga of PT Bank JTrust Indonesia, Tbk., in order to
menghasilkan outcome yang diharapkan. produce outcome that match the expectations.
Governance process merupakan aktivitas-aktivitas The governance process covers the activities
yang dilakukan untuk melaksanakan aturan main, performed to implement the rules, procedures,
prosedur dan hubungan yang jelas antara pihak as well as clear relationship between the decision
yang mengambil keputusan dengan pihak yang makers and the controllers on such decisions.
akan melakukan kontrol (pengawasan) terhadap This is implemented in order to ensure and/or
keputusan tersebut. Hal ini demi menjamin dan/ supervise the process of governance system, thus
atau mengawasi berjalannya sebuah governance it is expected that the company activities can be
system, sehingga diharapkan aktivitas perusahaan ran in a sound and effective manners in line with
dapat berjalan secara sehat dan efektif sesuai the directions and/or is able to minimize conflict
dengan arah yang telah ditetapkan dan/atau dapat of interest. Additionally, it is expected that these
meminimalisir terjadinya benturan kepentingan activities will minimize the risks emerging from
dan timbulnya risiko dari suatu kebijakan yang the policies made.
telah diputuskan.

3. Governance Outcome 3. Governance Outcome

Terdapat 2 (dua) outcomes yang diharapkan dari There are 2 (two) outcomes expected from the
penerapan tata kelola Bank, yaitu: GCG implementation, namely:
- Mampu meningkatkan kinerja perusahaan - Ability to improve business performance.
(improved performance). - Ability to reduce conflict of interests within
- Mampu mengurangi konflik kepentingan the company.
dalam perusahaan (reduced conflict of
interest).

Mengacu kepada ketentuan Otoritas Jasa Referring to the regulations of Financial Services
Keuangan, Governance Outcome bertujuan untuk Authority, the purpose of governance outcome
menilai kualitas outcome yang memenuhi harapan is to assess the outcome quality in conjunction
Pemangku Kepentingan PT Bank JTrust Indonesia with fulfilling the expectation of PT Bank JTrust
Tbk yang merupakan hasil proses penerapan Indonesia, Tbk. Stakeholders, which was the
prinsip tata kelola yang baik yang didukung oleh outcome of GCG principles implementation
kecukupan struktur dan infrastruktur tata kelola supported by adequate structure and
Bank. infrastructure of the Bank’s governance.
Sebagaimana tercantum dalam POJK Nomor 4/ As stipulated in POJK Number 4/POJK/03/2016 dated
POJK.03/2016 tanggal 26 Januari 2016 dan SEOJK 26 January 2016 and SEOJK Number 14/SEOJK.03/2017
Nomor 14/SEOJK.03/2017 tanggal 17 Maret 2017 dated March 17, 2017 on the Assessment on Commercial
tentang Penilaian Tingkat Kesehatan Bank Umum, Bank’s Health Level, the Bank periodically/every
Bank secara berkala/semesteran menyampaikan semester deliver Self Assessment Result Report on
Laporan Hasil Penilaian Sendiri (Self Assessment) the Bank’s Governance Implementation as well as the
Penerapan Tata Kelola Bank berikut lampiran kertas working paper as appendix to formulate and deliver
kerjanya untuk penyusunan dan penyampaian Laporan Risk Based Bank Rating both bank as individual as well
Tingkat Kesehatan Bank Berdasarkan Tingkat Risiko as consolidated to the Financial Services Authority
(Risk Based Bank Rating) baik bank secara individual (OJK).
maupun konsolidasi kepada Otoritas Jasa Keuangan
(OJK).
Proses Penerapan Tata Kelola Bank The Bank’s Process of GCG Implementation
Penerapan Tata Kelola PT Bank JTrust Indonesia The implementation of GCG at PT Bank JTrust
Tbk senantiasa dijalankan secara konsisten dan Indonesia, Tbk. has been carried out in a consistent
berkelanjutan dengan didukung komitmen yang kuat and sustainable manners supported by the strong
dari organ perusahaan dan jajaran di bawahnya. Dalam commitment of the corporate organs and all ranks
melaksanakan komitmen atau proses penerapan tata below them. The basic principle in performing the
kelola Bank selama ini antara lain: commitment throughout these times include:
1. Governance Commitment 1. Governance Commitment

• Memiliki rumusan visi dan misi yang jelas dan • Having clear and realistic definition of the
realistis, sebagaimana visi dan misi PT Bank Bank’s vision and missions, as defined and
JTrust Indonesia Tbk yang telah ditetapkan socialized by PT Bank JTrust Indonesia, Tbk.
dan disosialisasikan.
• Memiliki Anggaran Dasar, Good Corporate • Having Articles of Association, Good
Governance Charter. Corporate Governance Charter.
• Memiliki nilai-nilai perusahaan (Corporate • Having corporate values that reflects the
Values) yang menggambarkan sikap moral good moral attitude of the Bank in running its
Bank yang baik dalam melaksanakan usaha. business.
• Memiliki rumusan etika bisnis dan pedoman • Formulating the Bank’s business ethics and
perilaku perusahaan (Code of Conduct/ Code of Conduct by involving the company
Etika Korporasi) yang penyusunannya organs and all ranks below them. Business
dilakukan dengan melibatkan organ ethics and code of conducts shall be applied
perusahaan dan jajaran di bawahnya. Etika continuously and consistently to forge the
bisnis dan pedoman perilaku dilaksanakan corporate culture as the manifestation of
secara berkesinambungan dan konsisten corporate values.
sehingga membentuk budaya perusahaan
yang merupakan manifestasi dari nilai-nilai
perusahaan.

2. Governance Structure 2. Governance Structure
• Memiliki pedoman tata kerja Dewan Komisaris • Having guideline for the Board of
dan tata kerja Direksi dalam menjalankan Commissioners and Board of Directors in
peran dan tugasnya, termasuk pemenuhan performing their roles and duties, including
jumlah dan komposisi Dewan Komisaris, the fulfillment of the number and composition
Direksi, Komite-komite di bawah Dewan of the Board of Commissioners, the Board of
Komisaris dan Direksi. Directors, the Committees under the Board of
• Penguatan Risk Management, Compliance dan Commissioners and the Board of Directors.
Internal Control. • Strengthening the Risk Management
• Penyempurnaan struktur organisasi untuk Compliance and Internal Control.
menjamin terlaksana check and balance. • Improving organizational structure to ensure
check and balance mechanism.
3. Governance Mechanism 3. Governance Mechanism

• Dalam fungsinya sebagai lembaga intermediasi • In assuming the functions as an intermediary
dan sebagai bagian dari dunia bisnis peduli institution and as part of the business world,
dan berperan aktif dalam menjaga kelestarian the Bank concerns with and actively involves
sumber daya alam dan lingkungan hidup. in preserving the sustainability of natural
resources and environments.
• Penuangan Prinsip-prinsip Tata Kelola Bank • Inserting GCG Principles in the Policy, and
dalam Kebijakan, dan Pedoman/Prosedur Guidelines/Procedures, that serves as
sebagai acuan dalam menjalankan usaha, reference in conducting business, and is
serta senantiasa dievaluasi sesuai kebutuhan constantly being evaluated according to
dan perkembangan ketentuan yang berlaku. the needs and developments of prevailing
regulations.
• Memiliki peraturan perusahaan atau perjanjian • Keeping company regulations or collective
kerja bersama yang dapat menjamin labor agreement, which ensure the certainty
kepastian hak dan kewajiban para pihak of rights and obligations of each parties
sehingga dapat mendukung suasana kerja involved, thus enable to support conducive
yang kondusif. working environment.
• Penegakan Reward and Punishment. • Applying Reward and Punishment.
• Transparansi kondisi keuangan dan non • Transparency of financial and non-financial
keuangan. conditions.
• Transparansi informasi Produk Bank dan • Transparency of Bank Product information
penggunaan data pribadi nasabah. and use of personal data of customers.
• Transparansi tata cara pengaduan nasabah • Transparency of financial and non-financial
dan penyelesaian sengketa kepada nasabah. conditions.
• Penerapan Strategi Anti Fraud di antaranya • Adopting Anti Fraud Strategy including by
mengimplementasikan Whistleblowing implementing Whistleblowing System that
System yang berfungsi sebagai sarana untuk serves as a means to receive reports and
menerima laporan dan pengaduan indikasi complaints of known fraud indications, as well
fraud yang diketahui serta saran dan kritik dari as receiving suggestions and criticism from
pegawai dan pemangku kepentingan lainnya. employees and other stakeholders.
4. Sosialisasi dan Evaluasi 4. Socialization and Evaluation

• Internalisasi Corporate Values. • Internalization of Corporate Values.
• Sosialisasi inisiatif strategis, kebijakan, • Socialization of strategic initiatives, policies,
peraturan, dan lain-lain. regulations, and many more.
• Penilaian Sendiri (Self Assessment) Penerapan • Self-Assessment on GCG Implementation.
Tata Kelola Bank.
• Pelaporan Pelaksanaan Tata Kelola Bank. • Reporting on the Implementation of Good
Corporate Governance.
• Penilaian/Assessment Penerapan Tata Kelola • Assessment on the Implementation of Good
Bank oleh Pihak Independen. Corporate Governance by Independent
Parties.

BAB II RAPAT UMUM PEMEGANG SAHAM (RUPS), PELAKSANAAN TUGAS

DEWAN KOMISARIS DAN DIREKSI
CHAPTER II General Meeting of Shareholders (GMS), Implementation of Board of

Commissioners and Board of Directors Tasks
2.1 Rapat Umum Pemegang Saham (RUPS) 2.1. General Meeting of Shareholders (GMS)
Rapat Umum Pemegang Saham (RUPS) merupakan General Meeting of Shareholders (GMS) is the highest
hirarki/organ tertinggi dalam organisasi Perusahaan hierarchy/organ in a Public Company organization,
Terbuka yang mempunyai kewenangan yang tidak which has the authorities not granted to the Board
diberikan kepada Direksi atau Dewan Komisaris dalam of Directors and Board of Commissioners subject to
batas-batas yang ditentukan dalam Undang-Undang limitations stipulated under the Laws of the Republic of
RI Nomor 40 Tahun 2007 tentang Perseroan Terbatas, Indonesia No. 40 of 2007 concerning Limited Liability
dan/atau Anggaran Dasar Perseroan. Companies, and/or the Articles of Association.
RUPS adalah forum bagi pemegang saham untuk The GMS is a forum for shareholders to exercise their
mengambil keputusan dan melaksanakan pengawasan rights to make decisions and to monitor the Bank’s
terhadap kinerja Bank secara keseluruhan. overall performance.
RUPS wajib diselenggarakan sesuai dengan Anggaran The General Meeting of Shareholders shall be held in
Dasar Perseroan dan Peraturan Perundang-undangan accordance with the Company’s Articles of Association
yang berlaku terdiri dari: and the prevailing laws and regulations consisting of:
1. RUPS Tahunan 1. Annual GMS
Wajib diselenggarakan dalam jangka waktu Must be held within 6 (six) months after the end of
paling lambat 6 (enam) bulan setelah tahun buku the book year.
berakhir.
2. RUPS Lainnya/RUPS Luar Biasa 2. Other GMS/Extraordinary GMS
Dapat diselenggarakan pada setiap waktu Can be held at any time if deemed necessary for
berdasarkan kebutuhan untuk kepentingan the benefit of the company.
perusahaan.
Mengacu kepada POJK Nomor 32/POJK.04/2014 Referring to Regulation of Financial Services

tanggal 8 Desember 2014 tentang Rencana dan Authority No. 32/POJK.04/2014 dated December
Penyelenggaraan RUPS Perusahaan Terbuka, 8, 2014 on the Planning and Organizing GMS for
terdapat beberapa tahapan dalam pelaksanaan Public Company, there are several stages in the
RUPS sebagai berikut: execution of GMS as follows:
a. Perusahaan Terbuka wajib terlebih dahulu a. The Public Company is obliged to convey
menyampaikan pemberitahuan mata acara notification of the meeting agenda to the FSA
rapat kepada OJK paling lambat 5 (lima) hari no later than 5 (five) working days prior to the
kerja sebelum pengumuman RUPS, dengan announcement of the GMS, excluding the date
tidak memperhitungkan tanggal pengumuman of the GMS announcement. In the event of any
RUPS. Dalam hal terdapat perubahan mata change in the agenda of the GMS, the Public
acara RUPS tersebut, Perusahaan Terbuka Company must submit the agenda to the FSA,
wajib menyampaikan perubahan mata acara at the latest on the date of the GMS invitation.
yang dimaksud kepada OJK paling lambat
pada saat pemanggilan RUPS.
b. Perusahaan Terbuka wajib melakukan b. The Public Company should make the
pengumuman RUPS kepada pemegang announcement of the GMS to the shareholders
saham paling lambat 14 (empat belas) hari no later than 14 (fourteen) days prior to the
sebelum pemanggilan RUPS, dengan tidak summon of the GMS, excluding the date of the
memperhitungkan tanggal pengumuman dan announcement and the date of the summons.
tanggal pemanggilan.
c. Dalam hal RUPS diselenggarakan atas c. In the event that the GMS is held upon the
permintaan pemegang saham kepada Direksi request of shareholders to the Board of
atau Dewan Komisaris, pengumuman RUPS Directors or Board of Commissioners, the
harus memuat: announcement of the GMS should include:

• Ketentuan pemegang saham yang berhak • Provisions on shareholders who are
hadir dalam RUPS. entitled to attend the GMS.
• Ketentuan pemegang saham yang berhak • Provisions on shareholders who are entitled
mengusulkan mata acara rapat. to propose the agenda of the meeting.
• Tanggal penyelenggaraan RUPS. • Date of the GMS.
• Tanggal pemanggilan RUPS. • The date of the GMS invitation.
• Informasi bahwa Perusahaan Terbuka • Information that a Public Company
menyelenggarakan RUPS karena adanya conducts a GMS due to a request from a
permintaan dari pemegang saham. shareholder.
Pengumuman RUPS bagi Perusahaan Terbuka The announcement of GMS for Public
yang sahamnya tercatat pada Bursa Efek Companies, whose shares are listed on the
dilakukan paling kurang melalui 1 (satu) Stock Exchange, shall be conducted at least
surat kabar harian berbahasa Indonesia yang through 1 (one) Indonesian daily newspaper
berperedaran nasional, situs web Bursa Efek, with national circulation, the Stock Exchange
dan situs web Perusahaan Terbuka, dalam website, and the Public Company website,
bahasa Indonesia dan bahasa asing, dengan in Indonesian and foreign languages, at
ketentuan paling kurang bahasa Inggris. least English. Proof of the announcement
Bukti pengumuman RUPS tersebut wajib of the GMS shall be submitted to the FSA,
disampaikan kepada OJK paling lambat 2 (dua) no later than 2 (two) working days after the
hari kerja setelah pengumuman RUPS, disertai announcement of the GMS, accompanied by
salinan surat pemintaan penyelenggaraan a copy of the request letter for the holding of
RUPS. the GMS.
d. Perusahaan Terbuka wajib melakukan d. Public Company is obligated to make a
pemanggilan kepada pemegang saham paling summon for shareholders no later than 21
lambat 21 (dua puluh satu) hari sebelum (twenty one) days prior to the General Meeting
RUPS, dengan tidak memperhitungkan of Shareholders, excluding the date of summon
tanggal pemanggilan dan tanggal RUPS. and date of the GMS. For Public Companies
Bagi Perusahaan Terbuka yang sahamnya whose shares are listed in the Stock Exchange,
tercatat dalam Bursa Efek, pemanggilan the summoning to the shareholders is at least
kepada pemegang saham paling kurang through 1 (one) Indonesian language daily
melalui 1 (satu) surat kabar harian berbahasa newspaper with national circulation, the Stock
Indonesia yang berperedaran nasional, situs Exchange website, and the Open Company
web Bursa Efek, dan situs web Perusahaan website, in Indonesian and foreign languages,
Terbuka, dalam bahasa Indonesia dan bahasa provided that at least in English. Evidence of
asing, dengan ketentuan paling kurang bahasa the invitation of the GMS shall be submitted to
Inggris. Bukti pemanggilan RUPS dimaksud, OJK no later than 2 (two) working days after
wajib disampaikan kepada OJK paling lambat the invitation of the GMS.
2 (dua) hari kerja setelah pemanggilan RUPS.
e. Bahan mata acara rapat bagi pemegang saham e. The agenda of the meeting for shareholders
wajib disediakan oleh Perusahaan Terbuka shall be provided by the Public Company, from
sejak tanggal dilakukannya pemanggilan the date of the invitation of the GMS to the
RUPS sampai dengan penyelenggaraan holding of the GMS. The agenda of the meeting
RUPS. Bahan mata acara rapat tersebut dapat may be a copy of a physical document and/or
berupa salinan dokumen fisik dan/atau salinan a copy of an electronic document, accessible
dokumen elektronik yang dapat diakses through the Public Company website.
melalui situs web Perusahaan Terbuka.
f. Perusahaan Terbuka wajib melakukan ralat f. Public companies are obliged to conduct a
pemanggilan RUPS jika terdapat perubahan GMS summon revision, should there be any
informasi dalam pemanggilan RUPS yang change of information from the previous GMS
telah dilakukan sebelumnya. Dalam hal summon. In the event that the GMS invitation
ralat pemanggilan RUPS memuat informasi contains information concerning the change
atas perubahan tanggal penyelenggaraan of the GMS and/or the agenda of the GMS,
RUPS dan/atau penambahan mata acara the Public Company is obliged to redial the
RUPS, Perusahaan Terbuka wajib melakukan General Meeting of Shareholders with the
pemanggilan ulang RUPS dengan tata cara procedure of summoning in accordance with
pemanggilan sesuai ketentuan yang telah the preceding provisions.
dilakukan sebelumnya.

g. Setelah pelaksanaan RUPS, Perusahaan g. Following the GMS, the Public Company
Terbuka wajib membuat risalah RUPS dan shall prepare the minutes of the GMS and a
ringkasan risalah RUPS dan ditandatangani summary of the minutes of the GMS signed
oleh pimpinan rapat dan paling sedikit 1 by the chairman of the meeting and at least 1
(satu) orang pemegang saham yang ditunjuk (one) shareholder appointed from and by the
dari dan oleh peserta RUPS. Tanda tangan GMS. Such signature shall not be required if
dimaksud tidak disyaratkan apabila risalah the minutes of the GMS are made by a notary
RUPS tersebut dibuat oleh notaris dalam in the form of a GMS deed. The minutes of the
bentuk akta berita acara RUPS. Risalah RUPS GMS shall be submitted to FSA no later than
tersebut wajib disampaikan kepada OJK 30 (thirty) days after the General Meeting of
paling lambat 30 (tiga puluh) hari setelah Shareholders is held.
RUPS diselenggarakan.
h. Ringkasan risalah RUPS bagi Perusahaan h. Summary of minutes of GMS for Public
Terbuka yang sahamnya tercatat di Bursa Efek Companies whose shares are listed on the
wajib diumumkan kepada masyarakat paling Securities Exchange must be announced to
kurang melalui: the public at least through:
• 1 (satu) surat kabar harian berbahasa • 1 (one) Indonesian language daily
indonesia berperedaran nasional. newspaper with national circulation.
• Situs web Bursa Efek. • Stock Exchange website.
• Situs web Perusahaan Terbuka, dalam • Public Company Website, in Indonesian
bahasa indonesia dan bahasa asing, dengan and foreign languages, subject to the
ketentuan paling kurang bahasa Inggris. terms of at least in English.
• Pengumuman ringkasan risalah RUPS • Announcement of the summary of the
tersebut wajib diumumkan kepada minutes of the GMS shall be announced to
masyarakat paling lambat 2 (dua) hari the public within 2 (two) working days after
kerja setelah RUPS diselenggarakan. the General Meeting of Shareholders is held.
• Bukti pengumuman ringkasan risalah • Evidence of the announcement of the
RUPS melalui 1 (satu) surat kabar harian summary of the minutes of the GMS through
berbahasa Indonesia berperedaran 1 (one) national circulation daily newspaper
nasional wajib disampaikan kepada OJK must be submitted to OJK no later than 2
paling lambat 2 (dua) hari kerja setelah (two) working days after being announced.
diumumkan.
Wewenang RUPS Authority of the GMS

Berdasarkan Undang-Undang RI Nomor 40 Based on Law No. 40 Year 2007 regarding Limited
Tahun 2007 tentang Perseroan Terbatas, RUPS Liability Company, GMS is authorized to:
berwenang untuk:
• Mengevaluasi kinerja Dewan Komisaris dan • Evaluate the performance of the Board of
Direksi berkaitan dengan Laporan Tahunan Commissioners and the Board of Directors
Perseroan atau menyetujui Laporan Tahunan in relation to the Company’s Annual Report
termasuk Laporan Keuangan dan Laporan or approve the Annual Report including the
Tugas Pengawasan Dewan Komisaris Financial Statements and the Monitoring
Perseroan serta memberikan pelunasan dan Report of the Board of Commissioners of the
pembebasan tanggung jawab (voliedig acquit Company and grant release and discharge
et decharge) kepada anggota Direksi dan (acquit et decharge) to members of the Board
Dewan Komisaris Perseroan atas tindakan of Directors and Board of Commissioners of
pengurusan dan pengawasan yang telah the Company on their respective management
dilakukannya masing-masing. and supervisory actions.
• Mengambil keputusan-keputusan yang • Making decisions related to organizational
menyangkut struktur organisasi, misalnya structure, such as amendment of the Articles
perubahan Anggaran Dasar, penggabungan, of Association, merger, amalgamation,
peleburan, pengambilalihan, pemisahan, acquisition, spin off, dissolution and liquidation
pembubaran, dan likuidasi Perseroan. of the Company.
• Mengangkat dan memberhentikan anggota • Appoint and dismiss members of the Board of
Dewan Komisaris dan Direksi Perseroan. Commissioners and Board of Directors of the
Company.

• Menetapkan gaji atau honorarium dan • Determine the salary or remuneration and
tunjangan lain serta tantiem Direksi dan other allowances and tantiem of the Board of
Dewan Komisaris Perseroan. Directors and Board of Commissioners of the
Company.
• Memberi kuasa dan kewenangan kepada • Grant proxy and authorization to the Board
Dewan Komisaris untuk menunjuk Kantor of Commissioners to appoint the Public
Akuntan Publik (KAP), Akuntan Publik yang Accounting Firm, which is registered in
terdaftar di Indonesia serta yang terafiliasi Indonesia and affiliated with an international
dengan salah satu dari KAP Internasional dan public accounting firm and certified by
tercatat di Otoritas Jasa Keuangan (OJK) untuk the Financial Services Authority (FSA) of
mengaudit Laporan Keuangan Perseroan dan the capital market to audit the Financial
menetapkan jumlah honorariumnya. Statements of the Company and determine
their fees.
Hak dan Wewenang Pemegang Saham Dalam Rights and Authority of Shareholders in the GMS
RUPS
• Pemegang Saham memiliki hak atas saham • Shareholders have the rights to their shares so
yang dimilikinya sehingga hak pemegang that the rights of shareholders are protected
saham dapat dilaksanakan sesuai dengan and can be implemented in accordance with
peraturan perundang-undangan dan the laws and regulations and the Bank’s
Anggaran Dasar Bank. Articles of Association.
• Pemegang saham baik sendiri maupun diwakili • Shareholders on their own or represented
berdasarkan surat kuasa berhak menghadiri based on procuration have the rights to attend
RUPS. GMS.
• Pemegang saham yang berhak hadir dalam • Shareholders entitled to attend the GMS are
RUPS adalah pemegang saham yang shareholders whose name are recorded in the
namanya tercatat dalam daftar pemegang shareholders list of Public Company 1 (one)
saham Perusahaan Terbuka 1 (satu) hari kerja working day before GMS summon.
sebelum pemanggilan RUPS.
• Pada saat pelaksanaan RUPS, pemegang • In the GMS forum, shareholders are entitled
saham berhak memperoleh informasi mata to obtain information related to the agenda
acara rapat dan bahan terkait mata acara and materials of the meeting as long as they
rapat sepanjang tidak bertentangan dengan are not contrary to the interests of the Public
kepentingan Perusahaan Terbuka. Company.
• RUPS dalam mata acara lain-lain tidak • GMS on other agendas is not entitled to take
berhak mengambil keputusan, kecuali semua any decisions, unless all shareholders are
pemegang saham hadir dan/atau diwakili dalam present and/or represented in the GMS and
RUPS dan menyetujui penambahan mata acara approve the addition of meeting agendas. The
rapat. Keputusan atas mata acara rapat yang decision on the added agenda of the meeting
ditambahkan harus disetujui dengan suara bulat. shall be unanimously approved.
Tanggung Jawab Pemegang Saham Shareholders’ Responsibility

1. Pemegang saham pengendali harus dapat: 1. Controlling shareholders should be able to:
a. Menaruh perhatian kepada kepentingan a. Attending to the interests of minority
pemegang saham minoritas dan para shareholders and other stakeholders,
pemangku kepentingan sesuai dengan in accordance with applicable laws and
ketentuan dan peraturan perundang- regulations.
undangan yang berlaku.
b. Dalam hal terdapat dugaan terjadinya b. In the event of any alleged violation of
pelanggaran terhadap peraturan statutory or requested by the relevant
perundang-undangan atau diminta authorities, the names of the controlling
oleh otoritas terkait, maka nama-nama shareholders up to the ultimate
pemegang saham pengendali sampai shareholders shall be disclosed to law
pemilik individu (ultimate shareholders) enforcement agencies, concerning the
wajib diungkapkan kepada instansi ultimate shareholders, or in case requested
penegak hukum tentang pemegang by the relevant authorities.
saham pengendali yang sebenarnya
(ultimate shareholders) atau dalam hal
diminta oleh otoritas terkait.

2. Pemegang saham pengendali yang memiliki 2. Controlling shareholders, who own shares in
saham pada beberapa Perusahaan Terbuka, several Public Companies, shall be transparent
perlu adanya transparansi dalam hal in terms of accountability and relationships
akuntabilitas dan hubungan antar Perusahaan among the said Public Companies.
Terbuka.
3. Penggunaan hak dengan baik dari pemegang 3. Proper use of the rights of minority
saham minoritas sesuai dengan Anggaran shareholders is conducted in accordance with
Dasar Perseroan dan peraturan perundang- the Company’s Articles of Association and the
undangan. laws and regulations.
4. Pemegang saham harus dapat: 4. Shareholders should be able to:
a. Melakukan pemisahan antara kepemilikan a. Separate the ownership of assets of
harta Perusahaan Terbuka dengan public Company with ownership of his/
kepemilikan harta pribadi. her personal assets.
b. Melakukan pemisahan fungsi sebagai b. Separate functions as shareholders and as
pemegang saham dan sebagai anggota members of the Board of Commissioners
Dewan Komisaris atau Direksi apabila or Board of Directors, if the said
pemegang saham menjabat pada salah shareholders serve as member on one of
satu dari kedua organ tersebut. the two organs.
Penyelenggaraan RUPS Selama Tahun 2018 General Meeting of Shareholders in 2018

Selama tahun 2018, PT Bank JTrust Indonesia Tbk In 2018, PT Bank JTrust Indonesia Tbk held 2 (two)
telah menyelenggarakan 2 (dua) kali RUPS yaitu: GMS:
a. 1 (satu) kali RUPS Tahunan (RUPST) pada a. 1 (one) Annual GMS (AGMS) on June 28, 2018
tanggal 28 Juni 2018
b. 1 (satu) kali RUPS Luar Biasa (RUPSLB) pada b. 1 (one) Extraordinary GMS (EGMS) on
tanggal 20 September 2018 September 20, 2018
(1) RUPS Tahunan (RUPST) (1) Annual GMS (AGMS)

Tata Cara Pelaksanaan RUPST Tahun 2018 Procedure for the implementation of the 2018
dilaksanakan sesuai dengan ketentuan dalam AGMS is in accordance with the provisions
POJK Nomor 32/POJK.04/2014 tanggal in POJK No. 32/the Financial Services
8 Desember 2014 tentang Rencana dan Authority Regulation No.32/POJK.0.4/2014
Penyelenggaraan RUPS Perusahaan Terbuka. dated December 8, 2014 on the Plan and
Implementation of the GMS of Public
Company.
Pada tanggal 28 Juni 2018 telah diadakan RUPST, The AGMS was held on June 28, 2018, and
dengan jadwal pemberitahuan, pengumuman, the notification, announcement, summons,
pemanggilan, pelaksanaan dan penyampaian hasil execution and submission of AGMS
RUPST sebagai berikut: Resolutions are as follows:
Ringkasan Risalah
Pemberitahuan Pengumuman Pemanggilan Pelaksanaan
RUPS
Notification Announcement Summon Implementation
Minutes of GMS
Tanggal 15 Mei 2018 Tanggal 22 Mei 2018 Tanggal 6 Juni 2018 Tanggal 28 Juni 2018 Tanggal 2 Juli 2018
Bank menyampaikan Diumumkan melalui Diumumkan melalui RUPST dilaksanakan pada Diumumkan melalui
surat Pemberitahuan iklan di harian Media iklan di harian Media pkl. 09.00 WIB – selesai, iklan di harian Media
rencana RUPST ke OJK. Indonesia, situs web Indonesia, situs web bertempat di Puri Ratna Indonesia, situs web
On 15 May 2018 the Bursa Efek Indonesia Bursa Efek Indonesia Room, Hotel Grand Sahid OJK dan BEI (melalui
Bank submitted (melalui e-Reporting) (melalui e-Reporting) Jaya Jl. Jend. Sudirman e-Reporting) dan
notification of AGMS dan situs web www. dan situs web www. Kav. 86 Jakarta 10220. situs web www.
to OJK. jtrustbank.co.id jtrustbank.co.id On 28 June 2018 AGMS jtrustbank.co.id
on 22 May 2018 it On 6 June 2018 it was held at 9 am – finish On 2 July 2018 it
was announced via was announced via at Puri Ratna Room, Hotel was announced via
advertisements on advertisements on Grand Sahid Jaya Jl. Jend. advertisements on
Media Indonesia Media Indonesia Sudirman Kav. 86 Jakarta Media Indonesia
daily, Indonesia Stock daily, Indonesia Stock 10220. daily, Indonesia Stock
Exchange website Exchange website Exchange website
(via e-reporting) and (via e-reporting) (via e-reporting)
website www.jtrustbank. and website www. and website www.
co.id jtrustbank.co.id jtrustbank.co.id

Seluruh hasil RUPST dan jalannya rapat tercantum All resolutions of the AGMS and the proceedings of
dalam akta Berita Acara RUPST tanggal 28 Juni the Meeting listed in the Minutes of the AGMS dated
2018 yang dibuat oleh Notaris telah tersedia dan 28 June 2018 made by Notary are available and
dapat diakses pada situs web PT Bank JTrust accessible on the website of PT Bank JTrust Indonesia
Indonesia Tbk via www.jtrustbank.co.id. Tbk via www.jtrustbank.co.id.
RUPST Tahun 2018 memiliki beberapa agenda The AGMS of 2018 has several agendas with the
dengan hasil Keputusan yang direalisasikan following resolutions that have been realized:
sebagai berikut:
Realisasi Keputusan RUPST

Agenda dan Jumlah Suara Hasil Keputusan RUPST
Realization of Resolutions
Agenda and Voting Number Resolutions from AGMS
from AGMS
Agenda Pertama:
Persetujuan Laporan Tahunan 1. Menyetujui dan menerima baik Laporan Tahunan Laporan Keuangan dan
Direksi mengenai keadaan dan Perseroan Tahun Buku 2017, termasuk laporan Laporan Tahunan Perseroan
jalannya Perseroan selama Tahun Tugas Pengawasan Dewan Komisaris Perseroan, dan tahun buku 2017 telah
Buku 2017 termasuk Laporan mengesahkan Laporan Keuangan Perseroan Tahun disampaikan kepada Otoritas
Pelaksanaan Tugas Pengawasan Buku 2017 yang telah diaudit oleh Kantor Akuntan Jasa Keuangan (OJK) dan
Dewan Komisaris selama Tahun Publik Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan Bursa Efek Indonesia pada
Buku 2017 dan Pengesahan (a member firm of Crowe Horwath International) tanggal 30 April 2018.
Laporan Keuangan Perseroan dengan opini Audit Tanpa Modifikasi (dahulu “Wajar
Tahun Buku 2017 sekaligus Tanpa Pengecualian”) sebagaimana dinyatakan The Company’s Financial
pemberian pelunasan dan dalam laporannya tertanggal 26 Februari 2018. Statements and Annual Report
pembebasan tanggung jawab 2. Dengan disetujuinya Laporan Tahunan Perseroan for fiscal year 2017 have been
sepenuhnya (volledig acquit et Tahun Buku 2017 tersebut, maka memberikan submitted to the Financial
de charge) kepada Direksi dan pelunasan dan pembebasan tanggung jawab Services Authority (OJK) and
Dewan Komisaris Perseroan sepenuhnya (“Vollediq acquit et decharge”) the Indonesia Stock Exchange
atas tindakan pengurusan dan kepada para anggota Direksi Perseroan atas on April 30, 2018.
pengawasan yang telah dijalankan tindakan kepengurusan yang telah mereka jalankan
selama Tahun Buku 2017; selama Tahun Buku 2017, serta Dewan Komisaris
• Setuju: 973.031.816.469.731 (termasuk anggota Dewan Komisaris yang telah
saham atau sebesar 97,18% mengundurkan diri dalam Tahun Buku 2017) atas
dari seluruh saham dengan tindakan pengawasan yang telah mereka jalankan
hak suara yang hadir dalam selama Tahun Buku 2017 sejauh tindakan tersebut
Rapat. tercermin dalam Laporan Tahunan dan Laporan
• Abstain: Nihil atau sebesar 0% Keuangan Perseroan tahun buku yang berakhir
• Tidak Setuju: pada tanggal 31 Desember 2017.
28.158.265.040.585 saham
atau sebesar 2,82% 1. To approve and accept the Company’s Annual Report
for the fiscal year 2017, including the report of the
First Agenda: Supervisory Duties of the Board of Commissioners,
Approval of the Annual Report and to ratify the Company’s Financial Report for
of Directors on the condition and the Fiscal Year 2017 audited by Public Accountant
course of the Company in Fiscal Firm Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Crowe
year 2017 including the Report Horwath International) with Unmodified Opinion
of Board of Commissioners’ (previously “Unqualified Opinion”) as stated in its
Supervisory Task Implementation report of February 26, 2018.
in Fiscal Year 2017 and Validation 2. Upon approval of the Company’s 2017 Fiscal Year
of the Company’s Financial Report, release and discharge (“Vollediq acquit et
Statements for Fiscal Year 2017 decharge’) is given to the members of the Board
including release and discharge of Directors for the management actions they have
(volledig acquit et de charge) exercised during Fiscal Year 2017, and members of
to the Board of Directors the Board of Commissioners (including those who
and Commissioners for the have resigned in Fiscal Year 2017) for supervisory
management and supervision duties which they have exercised during Fiscal
performed in Fiscal Year 2017; Year 2017 as far as such actions are reflected in the
• In Favour: 973,031,816,469,731 Company’s Annual Report and Financial Report of
shares or 97.18% of all shares the year ending December 31, 2017.
with votes present in the
meeting
• Abstain: Nil or 0%
• Against: 28,158,265,040,585
shares or 2.82%


from AGMS
Agenda Kedua:
Penetapan gaji/honorarium Menyetujui pemberian kuasa kepada Dewan Komisaris Berdasarkan hasil keputusan
berikut fasilitas dan tunjangan Perseroan untuk menetapkan besarnya gaji anggota RUPS yang memberi kuasa
Tahun Buku 2018 untuk anggota Direksi, honorarium anggota Dewan Komisaris, tantiem kepada Dewan Komisaris
Direksi dan Dewan Komisaris; serta penetapan benefit lainnya bagi segenap anggota Perseroan melalui rekomendasi
• Setuju: 973.031.815.987.212 Direksi dan anggota Dewan Komisaris Perseroan untuk Komite Remunerasi dan
saham atau sebesar 97,18% Tahun Buku 2018 berdasarkan rekomendasi Komite Nominasi untuk menetapkan
dari seluruh saham dengan Remunerasi dan Nominasi. besarnya gaji anggota Direksi,
hak suara yang hadir dalam honorarium anggota Dewan
Rapat. Approving authorization to the Company’s Board Komisaris, dan tantiem serta
• Abstain: Nihil atau sebesar 0% of Commissioners to set the salary for Directors, penetapan benefit lainnya
• Tidak Setuju: honorarium of Commissioners, tantiem and other untuk Tahun Buku 2018.
28.158.265.523.104 saham atau benefits for members of Directors and Commissioners Pada tanggal 20 Maret 2017
sebesar 2,82% of the Company for Fiscal Year 2018 based on the telah ditetapkan Kebijakan
recommendation of Remuneration and Nomination Kompensasi dan Fasilitas
Second Agenda: Committee. Komisaris, Direksi dan EVP
Determining salary/honorarium (Executive Vice President)
including facilities and allowances yang ditujukan kepada Direktur
for Fiscal Year 2018 for members Utama untuk ditindaklanjuti
of Board of Directors and pelaksanaannya.
Commissioners;
• In Favor: 973,031,815,987,212 Based on GMS decision
shares or 97.18% of all shares which gives authority to
with voting rights present in the Company’s Board of
the Meeting. Commissioners through
• Abstain: Nil or 0% the recommendation of
• Against: 28,158,265,523,104 Remuneration and Nomination
shares or 2.82% Committee to set the salary
of Directors, honorarium of
Commissioners, and tantiem
and other allowances for Fiscal
Year 2018. On 20 March 2017
the Compensation Policy and
Facility for Commissioners,
Directors, and EVP (Executive
Vice President) was set and
designated to the President
Director to follow up on the
implementation.
Agenda Ketiga:
Persetujuan penunjukan Kantor Melimpahkan kewenangan RUPS kepada Dewan Berdasarkan Surat Keputusan
Akuntan Publik untuk mengaudit Komisaris untuk menetapkan KAP yang mengaudit Dewan Komisaris No.
Laporan Keuangan Perseroan. laporan keuangan Perseroan untuk tahun buku yang 30.01/S-KOM/Jtrust/VIII/2017
• Setuju: 973.031.816.469.731 berakhir pada tanggal 31 Desember 2018, termasuk tanggal 30 Agustus 2017
saham atau sebesar 97,18% menetapkan honorarium dan persyaratan lainnya bagi Dewan Komisaris dengan
dari seluruh saham dengan KAP tersebut, serta menetapkan KAP pengganti dalam rekomendasi dari Komite
hak suara yang hadir dalam hal KAP yang telah ditunjuk dan ditetapkan tersebut, Audit menunjuk kembali
Rapat. karena sebab apapun tidak dapat menyelesaikan audit Kantor Akuntan Publik
• Abstain: Nihil atau sebesar 0% laporan keuangan Perseroan untuk tahun 2018. Kosasih, Nudiyaman, Mulyadi,
• Tidak Setuju: Tjahjo & Rekan (member of
28.158.265.040.585 saham Delegating the authority of the GMS to the Board of Crowe Horwath International)
atau sebesar 2,82% Commissioners to determine the Firm that will audit untuk melakukan audit atas
the financial statements of the Company for the Laporan Keuangan Perseroan
Third Agenda: financial year ended on December 31, 2018, including per 31 Desember 2018.
Approval of the appointment the honorarium and other requirements for the said
of Public Accounting Firm to Firm, and determine the replacement of the KAP Based on the Decision Letter of
audit the Company’s Financial in case of the designated KAP, for any reason failed the Board of Commissioners No.
Statements. to complete the audit of the Company’s financial 30.01/S-KOM/Jtrust/VIII/2017
• In Favour: 973,031,816,469,731 statements for 2018. dated August 30, 2017, the
shares or 97.18% of all shares Board of Commissioners, with
with voting rights present in recommendations from the
the Meeting. Audit Committee, re-appointed
• Abstain: Nil or 0% the Public Accounting Firm
• Against: 28,158,265,040,585 Kosasih, Nudiyaman, Mulyadi,
shares or 2.82% Tjahjo & Associates to audit
the Company’s Financial
Statements as of December 31,
2018.

from AGMS
Agenda Keempat:
Perubahan susunan pengurus 1. Menerima pengunduran diri Bapak Ahmad Fajar Perubahan susunan Pengurus
Perseroan; sebagai Komisaris efektif sejak tanggal 1 Mei 2018, Perseroan telah disahkan
• Setuju: 973.031.816.469.731 dengan ini diberikan ucapan terima kasih atas dalam Akta No. 64 tanggal
saham atau sebesar 97,18% kontribusi yang telah diberikan selama menjabat di 28 Juni 2018 yang dibuat di
dari seluruh saham dengan Perseroan. hadapan Jose Dima Satria,
hak suara yang hadir dalam 2. Dengan berakhirnya masa jabatan Bapak Benny S.H., M.Kn., Notaris di Jakarta.
Rapat. Luhur sebagai Komisaris Independen setelah
• Abstain: Nihil atau sebesar 0% ditutupnya Rapat ini, dengan ini diberikan ucapan Changes in the composition of
• Tidak Setuju: terima kasih atas kontribusi yang telah diberikan the Company’s management
28.158.265.040.585 saham selama menjabat di Perseroan. boards have been ratified in
atau sebesar 2,82% 3. Dengan tidak terpenuhinya persyaratan Deed Number 64 dated June
pengangkatan sebagaimana keputusan Rapat 28, 2018, made before Jose
Fourth Agenda: Umum Pemegang Saham Luar Biasa tanggal 23 Dima Satria, S.H., M.Kn., Notary
Changes of the Company’s Desember 2016, maka pengangkatan Bapak Budi T. in Jakarta.
management; Halim sebagai Direktur tidak menjadi efektif.
• In Favour: 973,031,816,469,731 4. Menerima pengunduran diri Bapak Yosuke Tanaka
shares or 97.18% of all shares sebagai Direktur efektif sejak ditutupnya Rapat
with voting rights present in Umum Pemegang Saham Tahunan Perseroan
the Meeting. tanggal 28 Juni 2018, dengan ini diberikan ucapan
• Abstain: Nil or 0% terima kasih atas kontribusi yang telah diberikan
• Against: 28,158,265,040,585 selama menjabat di Perseroan.
shares or 2.82% 5. Dengan demikian, susunan anggota Dewan
Komisaris Perseroan dan anggota Direksi Perseroan
terhitung sejak ditutupnya Rapat menjadi sebagai
berikut:
DEWAN KOMISARIS:
Komisaris Utama: Nobiru Adachi
Komisaris: Shigeyoshi Asano
Komisaris Independen: Mahdi Mahmudy
Komisaris Independen: Kwik Ing Hie
DIREKSI:
Direktur Utama: Ritsuo Ando
Direktur: Felix I. Hartadi
Direktur: Helmi A. Hidayat
Direktur: Haryanto B.Purnomo
Direktur: Rio Lanasier
6. Memberikan kuasa dan wewenang kepada Direksi
Perseroan untuk menyatakan perubahan Pengurus
Perseroan dalam Akta Notaris tersendiri dan
menyampaikan pemberitahuan perubahan data
Perseroan kepada Kementeriaan Hukum dan Hak
Azasi Manusia Republik Indonesia.
1. Accepting the resignation of Ahmad Fajar as

Commissioner effective per 1 May 2018, with
appreciation for his contribution while serving the
Company.
2. With the ending of Benny Luhur’s period as
Independent Commissioner after the Meeting
ended, here is the appreciation for his contribution
while serving the Company.
3. With unfulfilled requirements on the appointment
as decided in the Extraordinary General Meeting
of Shareholders on 23 December 2016, then Budi T.
Halim appointment as Director was not effective.
4. Accepting the resignation of Yosuke Tanaka as
Director effective at the closing of Company’s
Annual General Meeting of Shareholders on June
28, 2018, here is appreciation for his contribution
while serving the Company.


from AGMS
5. Therefore, the structure of members of the Board of
Commissioners and Directors of the Company after
the Meeting ended became:
BOARD OF COMMISSIONERS::
President Commissioner: Nobiru Adachi
Commissioner: Shigeyoshi Asano
Independent Commissioner: Mahdi Mahmudy
Independent Commissioner: Kwik Ing Hie
BOARD OF DIRECTORS:
President Director: Ritsuo Ando
Director: Felix I. Hartadi
Director: Helmi A. Hidayat
Director: Haryanto B.Purnomo
Director: Rio Lanasier
6. Giving authority and power to the Company’s Board
of Directors to state the changes of Company’s
Management in separate Notary Act and notify the
changes of Company’s data to the Law and Human
Rights Ministry of Indonesia.
Agenda Kelima:
Penggabungan nilai nominal 1. Menyetujui pelaksanaan penggabungan Nilai Realisasi Reverse Stock telah
(reverse stock) dari 100.000 Nominal Saham (Reverse Stock) dimana setiap dilaksanakan pada tanggal
saham menjadi 1 saham baik 100.000 (seratus ribu) saham lama akan menjadi 1 5 Oktober 2018.
untuk saham Seri A maupun (satu) saham baru untuk seluruh saham Perseroan
saham Seri B. baik untuk saham seri A dan saham seri B dengan
• Setuju: 973.031.815.987.212 memperhatikan peraturan dan ketentuan yang
saham atau sebesar 97,18% berlaku.
2. Menunjuk JTrust Co Ltd selaku pemegang saham
dari seluruh saham dengan
utama Perseroan untuk bertindak selaku pembeli
hak suara yang hadir dalam dan/atau penjual saham, atas saham-saham yang
Rapat. berpotensi pecahan milik pemegang saham lainnya
• Abstain: Nihil atau sebesar 0% dengan harga pasar wajar saham Perseroan,
• Tidak Setuju: berdasarkan Laporan No. JK/SV/180427-001
28.158.265.523.104 saham atau tanggal 27 April 2018 tentang Penilaian Harga
sebesar 2,82% Pasar Wajar Saham PT Bank JTrust Indonesia Tbk,
yang disusun oleh Kantor Jasa Penilaian (“KJPP”)
Jennywati, Kusnanto & Rekan (“JKR”) sebagai pihak
independen.
3. Bahwa terhadap proses pelaksanaan Reverse Stock
berpotensi menimbulkan pecahan saham baik untuk
Saham Seri A maupun Saham Seri B, oleh karena
itu menyetujui untuk mengklasifikasikan pecahan
saham hasil Reverse Stock yang tidak mencapai
1 (satu) lembar saham menjadi saham dengan
klasifikasi yang dapat ditarik kembali, dengan
demikian ditarik dari peredaran dalam rangka
pengurangan modal ditempatkan dan disetor
penuh.
4. Menyetujui penambahan ayat 11 pada Pasal 5
anggaran dasar Perseroan, sehubungan dengan
keputusan nomor 3 di atas, sehingga Pasal 5 ayat 11
anggaran dasar Perseroan menjadi sebagai berikut:
5.11 Mengklasifikasikan pecahan saham hasil Reverse
Stock yang tidak mencapai 1 (satu) lembar saham
menjadi saham dengan klasifikasi yang dapat ditarik
kembali.
5. Memberikan wewenang kepada Direksi Perseroan
untuk melakukan segala tindakan yang diperlukan
untuk melaksanaan Penggabungan Nilai Nominal
Saham tersebut termasuk menetapkan tatacara,
jadwal waktu serta persyaratan lainnya, serta
6. Melakukan penarikan saham pecahan akibat dari
perubahan nilai nominal Saham Seri A maupun
Saham Seri B, sebagaimana dimaksud dalam pasal
47 ayat 2 Undang-undang No.40/2007 tentang
Perseroan Terbatas (“UUPT’), saham pecahan
tersebut diklasifikasikan sebagai saham dengan
klasifikasi yang akan ditarik kembali, dengan
demikian ditarik dari peredaran dalam rangka
pengurangan modal ditempatkan dan disetor penuh
dengan jumlah sebanyak-banyaknya Rp6.008.730,-
(enam juta delapan ribu tujuh ratus tiga puluh
Rupiah) dengan memperhatikan peraturan
perundang-undangan yang berlaku

from AGMS
Fifth Agenda: 1. Approving Reverse Stock in which every 100,000 Reverse Stock has been
Reverse stock from 100,000 (one hundred thousand) old shares will become realized on 5 October 2018.
shares to 1 share for both Series A 1 (one) new share for all of the Company’s shares
and Series B shares. both for Series A and Series B shares by complying
• In Favour: 973,031,816,469,731 with existing regulations and provisions.
shares or 97.18% of all shares 2. Appointing JTrust Co Ltd as the Company’s main
with voting rights present in shareholder to act as buyer and/or stock seller,
the Meeting. on potential share fractions owned by other
shareholders with the Company’s share fair market
• Abstain: Nil or 0%
price, based on Report No. JK/SV/180427-001 dated
• Against: 28,158,265,040,585 27 April 2018 on the Assessment of Fair Market
shares or 2.82% Price of PT Bank JTrust Indonesia Tbk, designed
by Appraisal Office (KJPP) Jennywati, Kusnanto &
Rekan (“JKR) as an independent party.
3. That the implementation of Reverse Stock
potentially created share fractions for both
Series A and Series B shares, therby approving
to classify shares resulting from Reverse Stock
which do not reach 1 (one) share to become share
with classification, which can be withdrawn from
circulation in reducing paid-in capital and issued
capital.
4. Approving clause 11 on Article 5 of Company’s
articles of association, in line with the decision no 3,
hence Article 5 Clause 11 of the Company’s articles
of association become:
5.11 Classifying share fractions of Reverse Stock that
do not reach 1 (one) share can become share with
classification that can be withdrawn.
5. Giving authority to the Company’s Directors to make
necessary actions to implement the Reverse Stock
including procedure, timing, and other requirements
as well as
6. Withdrawing share fractions due to reverse stock of
Series A and Series B shares, as stated in the article
47 clause 2 on Law No. 40/2007 on Limited Liability
(UUPT), the share fractions are classified as shares
with classification that will be withdrawn, therefore
being withdrawn from circulation in reducing
issued and paid-up capital with the maximum
amount Rp6,000,730 (six million eight thousand
seven hundred thirty Rupiah) by heeding existing
regulations


from AGMS
Agenda Keenam:
Perubahan pasal 4 Anggaran 1. Setelah efektifnya penambahan ayat 11 pada Pasal Hasil keputusan ini telah
Dasar Perseroan. 5 anggaran dasar, menyetujui untuk melakukan dinyatakan dalam Akta
• Setuju: 973.031.815.987.212 pengurangan modal ditempatkan dan disetor Pernyataan Keputusan Rapat
saham atau sebesar 97,18% penuh sebanyak Rp6.008.730,- (enam juta delapan Umum Pemegang Saham
dari seluruh saham dengan ribu tujuh ratus tiga puluh Rupiah) dengan cara Tahunan PT Bank JTrust
hak suara yang hadir dalam penarikan kembali saham yang mempunyai Indonesia Tbk. Nomor 64
Rapat. klasifikasi dapat ditarik kembali tanggal 28 Juni 2018 yang
• Abstain: Nihil atau sebesar 0% 2. Menyetujui untuk mengubah pasal 4 anggaran dibuat di hadapan Jose Dima
• Tidak Setuju: dasar Perseroan menjadi berbunyi sebagai berikut: Satria, S.H., M.Kn., Notaris di
28.158.265.523.104 saham atau Jakarta dengan No. AHU-
sebesar 2,82% MODAL AH.01.03-0238379 dari
Pasal 4 Kementerian Hukum dan Hak
1. Modal dasar Perseroan berjumlah Asasi Manusia R.I.
Rp15.000.000.000.000,00 (lima belas triliun
Rupiah) yang terbagi atas:
(i) 12.000.003.000 (dua belas miliar tiga ribu)
saham Seri A, dengan nilai nominal masing-
masing saham Seri A sebesar Rp1.000 (seribu
Rupiah), sehingga nilai nominal seluruhnya
sebesar Rp12.000.003.000.000,00 (dua
belas triliun tiga juta Rupiah), dan
(ii) 384.615 (tiga ratus delapan puluh empat ribu
enam ratus lima belas) saham Seri B, dengan
nilai nominal masing-masing saham Seri B
sebesar Rp7.800.000,00 (tujuh juta delapan
ratus ribu Rupiah), sehingga nilai nominal
seluruhnya sebesar Rp2.999.997.000.000,00
(dua triliun sembilan ratus sembilan puluh
sembilan milyar sembilan ratus sembilan
puluh tujuh juta Rupiah).
2. Dari modal dasar tersebut telah ditempatkan
dan disetor sebesar Rp12.223.148.800.000,00
(dua belas triliun dua ratus dua puluh tiga milyar
seratus empat puluh delapan juta delapan ratus
ribu Rupiah) atau sejumlah
(i) 10.011.841.000 (sepuluh miliar sebelas juta
delapan ratus empat puluh satu ribu) saham
Seri A, dengan nilai nominal masing-masing
saham Seri A sebesar Rp1.000,00 (seribu
sebesar Rp10.011.841.000.000,00 (sepuluh
triliun sebelas milyar delapan ratus empat
puluh satu juta Rupiah), dan
(ii) 283.501 (dua ratus delapan puluh tiga ribu
lima ratus satu) saham Seri B, dengan nilai
nominal masing-masing saham Seri B sebesar
Rp7.800.000,00 (tujuh juta delapan ratus ribu
sebesar Rp2.211.307.800.000,00 (dua triliun
dua ratus sebelas milyar tiga ratus tujuh
juta delapan ratus ribu Rupiah), yang telah
diambil bagian dan disetor penuh oleh para
pemegang saham Perseroan dengan rincian
serta nilai nominal saham yang disebutkan
sebelum akhir akta ini.
3. Memberikan kuasa dan wewenang kepada
Direksi Perseroan untuk melakukan segala
tindakan yang diperlukan tanpa pengecualian
untuk pelaksanaan perubahan Pasal 4 anggaran
dasar Perseroan, termasuk untuk menyatakan
perubahan Pasal 4 anggaran dasar Perseroan
dalam Akta Notaris tersendiri dan mengurus
sampai dengan diperolehnya persetujuan dan
atau diterimanya pemberitahuan oleh Menteri
Hukum dan Hak Asasi Manusia Republik
Indonesia sesuai peraturan perundang-undangan
yang berlaku.

from AGMS
Sixth Agenda:
Change of article 4 or the 1. With the effectiveness of additional clause 11 on Realization of this resolution
Company’s Article of Association. Article 5 of the articles of association, approving to has been declared in the
• In Favour: 973,031,816,469,731 reduce issued and paid-up capital of Rp6,008,730 Deed of Resolutions of the
shares or 97.18% of all shares (six million eight thousand seven hundred thirty Annual General Meeting of
with voting rights present in Rupiah) by withdrawing shares that are classified Shareholders of PT Bank
the Meeting. can be withdrawn. JTrust Indonesia Tbk. Number
• Abstain: Nil or 0% 2. Approving to change article 4 of the Company’s 64 dated June 28, 2018,
• Against: 28,158,265,040,585 article of association to sound as follows: made before Jose Dima
shares or 2.82% Satria, S.H., M.Kn., Notary in
CAPITAL Jakarta with Letter No. AHU-
Article 4 AH.01.03-0238379 from the
1. The Company’s authorized capital amounting Ministry of Law and Human
to Rp150,000,000,000,000.00 (fifteen trillion Rights of the Republic of
Rupiah) consisted of: Indonesia.
(i) 12,000,003,000 (twelve billion three
thousand) Series A shares, with nominal
value of each Series A share at Rp1,000
(one thousand Rupiah), with a total of
Rp12,000,003,000,000.00 (twelve trillion
three million Rupiah), and
(ii) 384,615 (three hundred eighty four thousand
six hundred fifteen) Series B shares, with
nominal value of each Series B share of
Rp7,800,000.00 (seven million eight
hundred thousand Rupiah), with a total of
Rp2,999,997,000,000.00 (two trillion nine
hundred ninety nine billion nine hundred
ninety seven million Rupiah).
2. From the authorized capital, the amount of
Rp12,223,148,800,000.00 (twelve trillion two
hundred twenty three billion one hundred forty
eight million eight hundred thousand Rupiah)
has been placed and paid, or equals to
(i) 10,011,841,000 (ten billion eleven million
eight hundred forty one thousand) Series
A shares, with nominal value of each Series
A share of Rp1,000.00 (one thousand
Rupiah), so that the total nominal value
was Rp10,011,841,000,000,00 (ten trillion
eleven billion eight hundred forty one million
Rupiah), and
(ii) 283,501 (two hundred eighty three thousand
five hundred and one) Series B shares,
with nominal value of each Series B share
of Rp7,800,000.00 (seven million eight
hundred thousand Rupiah), so that the total
nominal value was Rp2,211,307,800,000.00
(two trillion two hundred eleven billion
three hundred seven million eight hundred
thousand), which has been taken part and
fully paid by the shareholders of the Company
with details and nominal value of the shares
mentioned before the end of this deed.
3. Giving power and authority to the Board
of Directors of the Company to take any
necessary actions without exception for the
implementation of amendments to Article 4 of
the Company’s articles of association, including
to declare the amendments to Article 4 of the
Company’s articles of association in its own
Notary Deed and to seek for approval and or
receipt of notification from the Minister of Law
and Human Rights of Indonesia in accordance
with applicable laws and regulations.


from AGMS
Agenda Ketujuh:
Menyetujui Penambahan Modal 1. Menyetujui Penambahan Modal Hasil keputusan ini telah
Dengan Memberikan Hak Perseroan Dengan Memberikan Hak Memesan dinyatakan dalam akta
Memesan Efek Terlebih Dahulu Efek Terlebih Dahulu (PMHMETD), sebagaimana Pernyataan keputusan
(PMHMETD) sebagaimana dimaksud dengan Peraturan Otoritas Jasa Keuangan Perubahan Anggaran Dasar
dimaksud dalam Peraturan No. 32/POJK.04/2015 tanggal 16 Desember 2015 Perseroan No. 64 tanggal
Otoritas Jasa Keuangan No. tentang Penambahan Modal Perusahaan Terbuka 28 Juni 2018 yang dibuat di
32/POJK.04/2015 tanggal dengan Memberikan Hak Memesan Efek Terlebih hadapan Jose Dima Satria,
16 Desember 2015 tentang Dahulu. Dengan demikian mengeluarkan saham baru S.H., M.Kn., Notaris di Jakarta
Penambahan Modal Perusahaan dari portepel Perseroan dengan jumlah saham yang
Terbuka Dengan Memberikan Hak direncanakan untuk diterbitkan adalah sebanyak-
Memesan Efek Terlebih Dahulu. banyaknya 100.000.000.000.000 (seratus triliun)
• Setuju: 973.031.815.987.212 saham Seri A dengan nilai nominal Rp0,01,- (satu
saham atau sebesar 97,18% sen) per saham dan/atau setelah pelaksanaan
dari seluruh saham dengan reverse stock dengan rasio 100.000 (seratus ribu)
hak suara yang hadir dalam saham lama akan memperoleh 1 (satu) saham,
Rapat. maka jumlah saham yang akan diterbitkan menjadi
• Abstain: Nihil atau sebesar 0% 1.000.000.000 (satu miliar) Saham Seri A dengan
• Tidak Setuju: nilai nominal Rp1.000,- (seribu Rupiah) yang akan
28.158.265.523.104 saham atau ditawarkan melalui PMHMETD atau 9,99% (sembilan
sebesar 2,82% koma sembilan puluh sembilan persen) dari jumlah
saham yang ditempatkan dan disetor penuh saat ini
dalam Perseroan.
2. Memberikan wewenang dan kuasa kepada Direksi
dengan hak substitusi untuk melakukan semua dan
setiap tindakan yang diperlukan sehubungan dengan
pelaksanaan PMHMETD dengan memperhatikan
peraturan perundangan yang berlaku termasuk
tetapi tidak terbatas:
a) Menetapkan jumlah saham yang akan diterbitkan
dalam PMHMETD.
b) Menetapkan harga pelaksanaan penerbitan
saham dalam PMHMETD.
c) Menetapkan jadwal waktu pelaksanaan
PMHMETD dan persyaratannya, melakukan
segala tindakan yang diperlukan dalam rangka
pelaksanaan PMHMETD.
3. Memberikan wewenang dan kuasa kepada Dewan
Komisaris Perseroan untuk melakukan penyesuaian
pasal 4 anggaran dasar Perseroan dan perubahan
susunan pemegang saham terakhir setelah
pelaksanaan PMHMETD, kuasa ini diberikan untuk
jangka waktu 1 (satu) tahun terhitung sejak tanggal
rapat ini.

from AGMS
Seventh Agenda:
Approving Capital Injection via 1. Approving Capital Injection to the Company by The results of this decision
Pre-emptive Rights (PMHMETD) Providing Pre-emptive Rights (PMHMETD), as have been stated in the
as referred to in the Financial referred to in the Financial Services Authority deed Statement of Decree
Services Authority Regulation Regulation No. 32/POJK.04/2015 dated 16 Amendment to the Company’s
No. 32/POJK.04/2015 dated December 2015 concerning Capital Increase of Articles of Association No. 64
16 December 2015 on Capital Public Companies by Providing Pre-emptive Rights. dated June 28, 2018, made
Injection of Public Companies by Thus issuing new shares from the Company’s before Jose Dima Satria, S.H.,
Providing Pre-emptive Rights. portfolio with the number of shares planned to be M.Kn., Notary in Jakarta
• In Favour: 973,031,816,469,731 issued is a maximum of 100,000,000,000,000,000
shares or 97.18% of all shares (one hundred trillion) Series A shares with a nominal
with voting rights present in value of Rp0.01 - (one cent) per share and/or after
the Meeting. the implementation of a reverse stock with a ratio
• Abstain: Nil or 0% of 100,000 (one hundred thousand) old shares will
• Against: 28,158,265,040,585 obtain 1 (one) share, then the number of shares to
shares or 2.82% be issued becomes 1,000,000,000 (one billion)
Series A Shares with a nominal value of Rp1,000
(one thousand Rupiah) which will offered through
PMHMETD or 9.99% (nine point ninety nine percent)
of the current number of issued and fully paid shares
in the Company.
2. Giving authority and power of attorney to the
Board of Directors with substitution rights to carry
out all and every action required in connection
with the implementation of PMHMETD by taking
into account the applicable laws and regulations
including but not limited to:
a) Determining the number of shares to be issued in
the PMHMETD.
b) Determining the price of carrying out the
issuance of shares in PMHMETD.
c) Determining the timetable for the implementation
of the PMHMETD and its requirements, taking all
necessary actions in the context of implementing
the PMHMETD.
3. Providing authority and power to the Board
of Commissioners of the Company to make
adjustments to article 4 of the Company’s articles
of association and changes in the composition of
the latest shareholders after the implementation of
PMHMETD, this power of attorney is granted for a
period of 1 (one) year from the date of this meeting.

(2) RUPS Luar Biasa (RUPSLB) (2) Extraordinary GMS (EGMS)

Pada tanggal 20 September 2018 telah The EGMS was held on September 20,
diadakan RUPSLB, dengan jadwal 2018, and the notification, announcement,
pemberitahuan, pengumuman, pemanggilan, summons, execution and submission of AGMS
pelaksanaan dan penyampaian hasil RUPSLB Resolutions are as follows:
sebagai berikut:
Ringkasan Risalah
Pemberitahuan Pengumuman Pemanggilan Pelaksanaan
RUPSLB
Notification Announcement Summon Implementation
Minutes of GMS
Tanggal 7 Agustus 2018 Tanggal 14 Agustus 2018 Tanggal 29 Agustus Tanggal 20 September Tanggal 24
Bank menyampaikan diumumkan melalui 2018 diumumkan 2018 RUPSLB September 2018
surat Pemberitahuan iklan di harian Ekonomi melalui iklan di harian dilaksanakan pada pkl. Diumumkan melalui
rencana RUPSLB ke Neraca, situs web Bursa Ekonomi Neraca, 14.00 WIB – selesai, iklan di harian
OJK. Efek Indonesia (melalui situs web Bursa Efek bertempat di Puri Ratna Ekonomi Neraca,
e-Reporting) dan Indonesia (melalui Room, Hotel Grand Sahid situs web OJK dan
On August 7, 2018 situs web www. e-Reporting) dan situs Jaya Jl. Jend. Sudirman BEI (melalui
the Bank submitted a jtrustbank.co.id web www.jtrustbank. Kav. 86 Jakarta 10220. e-Reporting) dan
Notification of EGMS co.id situs web www.
plan to OJK. On August 14, 2018, was On September 20, 2018, jtrustbank.
announced through On August EGMS was held at 2 pm – co.id
advertisements on 29, 2018, was finish at Puri Ratna Room,
Ekonomi Neraca daily, announced through Hotel Grand Sahid Jaya On September
website of the Indonesia advertisements on Jl. Jend. Sudirman Kav. 86 24, 2018, was
Stock Exchange Ekonomi Neraca Jakarta 10220. announced through
(through e-Reporting) daily, website of advertisements on
and website www. the Indonesia Stock Ekonomi Neraca
jtrustbank.co.id Exchange daily, website of
(through e-Reporting) the Indonesia Stock
and website www. Exchange
jtrustbank.co.id (through
e-Reporting) and
website www.
jtrustbank.co.id
Seluruh hasil RUPSLB dan jalannya rapat All the results of the EGMS and the proceedings
tercantum dalam akta Berita Acara RUPSLB are listed in the Minutes of EGMS of September
tanggal 20 September 2018 yang dibuat oleh 20, 2018, made by Notary that are available and
Notaris telah tersedia dan dapat diakses pada accessible on the website of PT Bank JTrust
situs web PT Bank JTrust Indonesia Tbk via www. Indonesia Tbk via www.jtrustbank.co.id.
jtrustbank.co.id.
RUPS Luar Biasa pada tanggal 20 September Extraordinary GMS on September 20, 2018, had an
2018 memiliki agenda dengan hasil Keputusan agenda with realized Resolutions as follows:
yang direalisasikan sebagai berikut:

Agenda and Voting Number Resolutions from the AGMS
from the AGMS
Agenda Pertama:
Perubahan susunan pengurus 1. Menyetujui pengalihan tugas Bapak Shigeyoshi Hasil keputusan ini telah
Perseroan; Asano yang semula menjabat sebagai Komisaris dinyatakan dalam Akta
• Setuju: 973.031.791.090.816 Perseroan menjadi sebagai Direktur Utama Pernyataan Keputusan
saham atau sebesar 97,1853% Perseroan, dan secara otomatis melepas jabatannya Rapat Umum Pemegang
dari seluruh saham dengan hak sebagai Komisaris Perseroan efektif sejak dinyatakan Saham Luar Biasa PT Bank
suara yang hadir dalam Rapat. lulus uji kelayakan dan kepatutan oleh Otoritas Jasa JTrust Indonesia Tbk. Nomor
• Abstain: Nihil atau sebesar 0% Keuangan (OJK) sebagai Direktur Utama Perseroan, 43 tanggal 20 September
• Tidak Setuju: Nihil atau sebesar dengan masa jabatan sampai dengan ditutupnya 2018 yang dibuat di hadapan
0% RUPS Tahunan yang ke-3 (tiga) terhitung sejak Jose Dima Satria, S.H., M.Kn.,
dinyatakan lulus uji kelayakan dan kepatutan oleh Notaris di Jakarta dengan
Otoritas Jasa Keuangan (OJK) sebagai Direktur No. AHU-AH.01.03-0254185
Utama Perseroan, dengan tidak mengurangi hak dari Kementerian Hukum
RUPS untuk memberhentikan anggota Dewan dan Hak Asasi Manusia R.I.
Komisaris Perseroan tersebut sewaktu-waktu
sebelum masa jabatannya berakhir.
2. Menyetujui pengalihan tugas Bapak Ritsuo Ando
yang semula menjabat sebagai Direktur Utama
Perseroan menjadi sebagai Direktur Perseroan
untuk sisa masa jabatannya selaku Direktur Utama,
efektif sejak ditutupnya Rapat ini.
3. Mengangkat Bapak Nobuiku Chiba sebagai
Komisaris Perseroan efektif sejak dinyatakan lulus
uji kelayakan dan kepatutan oleh Otoritas Jasa
Keuangan (OJK) dengan masa jabatan sampai
dengan ditutupnya RUPS Tahunan yang ke-3 (tiga)
terhitung sejak dinyatakan lulus uji kelayakan
dan kepatutan oleh Otoritas Jasa Keuangan
(OJK) dengan tidak mengurangi hak RUPS untuk
memberhentikan anggota Dewan Komisaris
Perseroan tersebut sewaktu-waktu sebelum masa
jabatannya berakhir.
Dengan demikian, susunan anggota Dewan

Komisaris dan anggota Direksi Perseroan terhitung
sejak ditutupnya Rapat menjadi sebagai berikut:
DEWAN KOMISARIS:
Komisaris Utama: Nobiru Adachi
Komisaris: Nobuiku Chiba
Komisaris Independen: Mahdi Mahmudy
Komisaris Independen: Kwik Ing Hie
DIREKSI:
Direktur Utama: Shigeyoshi Asano
Direktur: Ritsuo Ando
Direktur: Felix I. Hartadi
Direktur: Helmi A. Hidayat
Direktur: Haryanto B.Purnomo
Direktur: Rio Lanasier
4. Dengan ketentuan pengangkatan Bapak Shigeyoshi
Asano sebagai Direktur Utama Perseroan dan
Bapak Nobuiku Chiba sebagai Komisaris Perseroan
berlaku efektif sejak dinyatakan lulus uji kelayakan
dan kepatutan oleh Otoritas Jasa Keuangan (OJK)
serta memenuhi peraturan perundang-undangan
yang berlaku.
5. Memberikan kuasa dan wewenang kepada Direksi
Perseroan untuk menyatakan perubahan Pengurus
Perseroan dalam Akta Notaris tersendiri dan
menyampaikan pemberitahuan perubahan data
Perseroan kepada Kementerian Hukum dan Hak
Asasi Manusia Republik Indonesia


Agenda and Voting Number Resolutions from the AGMS
from the AGMS
First Agenda:
Change of the Company’s 1. Approving the assignment of Shigeyoshi Asano who The results of this decision
management structure; previously served as the Company’s Commissioner have been stated in the
• In Favour: 973,031,816,469,731 to become President Director, and automatically Deed of Statement of the
shares or 97.18% of all shares dismissed his position as Commissioner effectively Extraordinary General
with voting rights present in the since he passed fit and proper test by the Financial Meeting of Shareholders of
Meeting. Services Authority (OJK) as President Director, with PT Bank JTrust Indonesia
• Abstain: Nil or 0% term until the closing of the third Annual GMS since Tbk. No 43 on September
• Against: 28,158,265,040,585 being declared passed the fit and proper test by 20, 2018, made before Jose
shares or 2.82% the Financial Services Authority (OJK) as President Dima Satria, S.H., M.Kn.,
Director, without reducing the right of the GMS to Notary in Jakarta with No.
dismiss the member of the Company’s Board of AHU-AH.01.03-0254185
Commissioners at anytime before his term ended. from the Law and Human
2. Approving the assignment of Ritsuo Ando who Rights Ministry of Indonesia.
previously served as President Director of the
Company to become a Director of the Company
for the remainder of his term as President Director,
effective from the closing of this Meeting.
3. Appointing Nobuiku Chiba as the Company’s
Commissioner to be effective since he was declared
to have passed the fit and proper test by the
Financial Services Authority (OJK) with a term of
office until the closing of the 3rd (third) Annual GMS
since being declared passing the fit and proper test
by the Financial Services Authority (OJK), without
reducing the right of the GMS to dismiss members
of the Company’s Board of Commissioners at any
time before the term of office ends.
Therefore, the composition of members of the Board

of Commissioners and Directors of the Company
since the closing of the Meeting is as follows:
BOARD OF COMMISSIONERS:
President Commissioner: Nobiru Adachi
Commissioner: Nobuiku Chiba
Independent Commissioner: Mahdi Mahmudy
Independent Commissioner: Kwik Ing Hie
BOARD OF DIRECTORS:
President Director: Shigeyoshi Asano
Director: Ritsuo Ando
Director: Felix I. Hartadi
Director: Helmi A. Hidayat
Director: Haryanto B.Purnomo
Director: Rio Lanasier
4. With conditions that the appointment of Shigeyoshi
Asano as President Director of the Company and
Nobuiku Chiba as Commissioner effective since
being declared passed the fit and proper test by
the Financial Services Authority (OJK) and fulfilled
applicable laws and regulations.
5. Giving power and authority to the Company
Board of Directors to state the change in Company’s
Management in separate Notary Act and submit the
Company’s data change to the Law and Human
Rights Ministry of Indonesia.

Informasi tentang keputusan RUPS dalam 1 (satu) Information on GMS resolution in 1 (one) year during
tahun selama tahun 2018 meliputi: 2018 includes:
a. Keputusan RUPS yang direalisasikan a. GMS Resolutions that are realized
1. RUPS Tahunan (RUPST) 1. Annual GMS (AGMS)
• Seluruh hasil keputusan dalam RUPS • All resolutions in the Annual GMS on
Tahunan pada tanggal 28 Juni 2018 June 28, 2018 generally have been realized.
umumnya sudah terealisasi. 2. Extraordinary GMS (EGMS)
2. RUPS Luar Biasa (RUPSLB) • All resolutions in the Extraordinary GMS
• Seluruh hasil keputusan dalam RUPS Luar on September 20, 2018 generally have
Biasa pada tanggal 20 September 2018 been realized.
umumnya sudah terealisasi.
b. Keputusan RUPS yang belum/tidak terealisasi b. GMS resolutions that have not been realized.
1. RUPS Tahunan (RUPST) 1. Annual GMS (AGMS)
• Selama tahun 2018 seluruh keputusan • In 2018, all AGMS resolutions have been
RUPS telah terealisasi dan tidak ada realized and there were no resolutions
keputusan yang belum/tidak terealisasi. that have not been realized.
2. RUPS Luar Biasa (RUPSLB) 2. Extraordinary GMS (EGMS)
• Selama tahun 2018 tidak ada keputusan • In 2018, there were no resolutions that
yang belum/tidak terealisasi. have not been realized.
Informasi tentang keputusan RUPS dalam 1 (satu) Information on GMS Resolutions in 1 (one) year
tahun selama tahun 2017 meliputi: during 2017 includes:
1. Keputusan RUPS yang direalisasikan 1. GMS Resolutions realized
RUPS Tahunan (RUPST) Annual GMS (AGMS)
• Seluruh hasil keputusan dalam RUPS Tahunan • All resolutions in the Annual GMS in 2017 have
selama tahun 2017 sudah terealisasi. been realized.
2. Keputusan RUPS yang belum/tidak terealisasi 2. GMS Resolutions not realized
RUPS Tahunan (RUPST) Annual GMS (AGMS)
• Selama tahun 2017 tidak ada keputusan yang • In 2017 there were no resolutions that have
belum terealisasi. not been realized.
2.2. Kepemilikan Saham 2.2. Share Ownership

Kepemilikan saham PT Bank JTrust Indonesia Tbk The share ownership of PT Bank JTrust Indonesia Tbk
saat ini sesuai dengan yang tercantum dalam currently is in accordance with the Deed of Meeting
Akta Pernyataan Keputusan Rapat PT Bank JTrust Decision Statement of PT Bank JTrust Indonesia
Indonesia Tbk. Nomor 21 tertanggal 11 Februari 2019, Tbk. No. 21 dated February 11, 2019, then the share
maka kepemilikan saham perseroan menjadi sebagai ownership are as follows:
berikut:
Jumlah Persentase
Keterangan Jumlah Saham
Total Percentage
Description Number of Shares
(Rp) (%)
Saham Seri A (Rp 1.000 per saham)
Series A Shares (Rp1,000 per share)
1. J Trust Co., Ltd. 9.630.170.618 9.630.170.618.000 96.185
2. Group Lease Holdings Pte. Ltd. 281.549.137 281.549.137.000 2.812
3. PT JTrust Investments Indonesia 100.121.245 100.121.245.000 1.000
Subtotal 10.011.841.000 10.011.841.000.000 99.997
Saham Seri B (Rp 7.800.000 per saham)
Series B Shares (Rp7,800 per share)
1. J Trust Co., Ltd. 26.693 208.205.400.000 0
2. Masyarakat | Public 256.808 2.003.102.400.000 0.003
Subtotal 283.501 2.211.307.800.000 0.003
Jumlah Modal Disetor | Paid-In Capital 10.012.124.501 12.223.148.800.000 100.000

2.3. Struktur Organisasi PT Bank JTrust Indonesia Tbk 2.3.

Organizational Structure of PT Bank JTrust
Dalam rangka menyesuaikan struktur organisasi Bank Indonesia Tbk.
terhadap adanya perubahan peraturan yang berlaku In order to adjust the organizational structure of the
dan menyesuaikan kondisi bisnis bank saat ini, maka Bank with the change of prevailing regulations and
Struktur Organisasi PT Bank JTrust Indonesia Tbk yang current business condition of the bank, then the latest
terakhir berlaku berdasarkan Surat Keputusan Direksi Organizational Structure of PT Bank JTrust Indonesia
PT Bank JTrust Indonesia Tbk Nomor 24.04/S.Kep- Tbk was based on the Decision Letter of the Board of
Dir-HCD/JTRUST/X/2018 tertanggal 24 Oktober 2018 Directors of PT Bank JTrust Indonesia Tbk No 24.04/S.
tentang Struktur Organisasi PT Bank JTrust Indonesia Kep-Dir-HCD/JTRUST/X/2018 dated October 24, 2018
Tbk, adalah sebagai berikut: on the Organizational Structure of PT Bank JTrust
Indonesia Tbk, are as follows:
Board of
Commissioners
Director Committees
Credit
BoC Committees
Human Capital Audit
President Director
Information Technology Nomination & Remuneration
Risk Risk Monitoring
Asset Liability Advisor
MD MD MD
MD MD
Finance, Risk, Legal & Business Risk &
Treasury & Funding Asset Management
Planning & IT Compliance Operation
EVP EVP
Business HC & GS
Corporate,
Treasury & Capital Special Asset Human Capital & Corporate Legal & Credit Risk
Financial Control Commercial & Internal Audit
Market Management General Services Compliance Reviewer
Business Linkage
Planning & Financial Risk Operation & Credit Corporate

Retail Business
Performance Institution Management Administration Secretary
Performance
Improvement
Plan
Information Cash & Financial President Office &

Technology Technology Japan Linkage
Funding &
Distribution
Project Management
Management
Office
Susunan anggota Dewan Komisaris dan Direksi PT The composition of members of the Board of
Bank JTrust Indonesia Tbk per 31 Desember 2018 Commissioners and Board of Directors of PT Bank
berdasarkan hasil keputusan RUPSLB tanggal 20 JTrust Indonesia Tbk as of December 31, 2018, based
September 2018 sebagai berikut: on the decision of EGMS on September 20, 2018 are
as follows:
Dewan Komisaris beranggotakan 4 (empat) orang The Board of Commissioners consists of 4 (four)
terdiri dari: members consisting of:
Komisaris Utama : Nobiru Adachi President Commissioner : Nobiru Adachi
Komisaris : Nobuiku Chiba *) Commissioner : Nobuiku Chiba *)
Komisaris (Independen) : Mahdi Mahmudy Commissioner (Independent) : Mahdi Mahmudy
Komisaris (Independen) : Kwik Ing Hie Commissioner (Independent) : Kwik Ing Hie

Direksi beranggotakan 6 (enam) orang terdiri dari: The Board of Directors consists of 6 (six) members
consisting of:
Direktur Utama : Shigeyoshi Asano **) President Director : Shigeyoshi Asano **)
Direktur : Ritsuo Ando ***) Director : Ritsuo Ando ***)
Direktur : Felix Istyono Hartadi Tiono Director : Felix Istyono Hartadi Tiono
Direktur : Helmi Arief Hidayat Director : Helmi Arief Hidayat
Direktur : Haryanto Budi Purnomo ***) Director : Haryanto Budi Purnomo ***)
Direktur : Rio Lanasier Director : Rio Lanasier
*) Efektif lulus uji kemampuan dan kepatutan sesuai salinan keputusan *) Effective passing the fit and proper test in accordance with the
Anggota Dewan Komisioner OJK No.KEP-46/D.03/ 2019 tanggal copy of decision of Members of the Board of Commissioners of
12 Maret 2019. OJK No. KEP-46/D.03/2019 dated March 12, 2019
**) Efektif lulus uji kemampuan dan kepatutan sesuai salinan **) Effective passing the fit and proper test in accordance with the
keputusan Anggota Dewan Komisioner OJK No.KEP-31/D.03/2019 copy of decision of Members of the Board of Commissioners of
tanggal 21 Februari 2019. OJK No. KEP-31/D.03/2019 dated February 21, 2019
***) Efektif sejak 1 Januari 2019 disetujui pemberhentian sementara ***) Effective since January 1, 2019 the temporary dismissal of
Bapak Ritsuo Ando dan Bapak Haryanto Budi Purnomo Ritsuo Ando and Haryanto Budi Purnomo based on the Circular
berdasarkan Surat Keputusan Sirkuler Dewan Komisaris sebagai Letter of Board of Commissioners as a replacement of Board of
pengganti Rapat Dewan Komisaris, dan Hasil Keputusan RUPSLB Commissioners’ Meeting, and Resolutions of EGMS dated February
tanggal 11 Februari 2019. 11, 2019.

2.4 Dewan Komisaris 2.4 Board of Commissioners
Dewan Komisaris PT Bank JTrust Indonesia Tbk memiliki The Board of Commissioners of PT Bank JTrust
peran dan tugas sangat penting dalam pelaksanaan Indonesia Tbk’s roles and duties are crucial for the
tata kelola perusahaan yang baik, dengan tugas implementation of Good Corporate Governance
utama adalah mengawasi kebijakan dan keputusan (GCG), with its main duty to oversee policy and its
oleh Direksi dalam menjalankan Perseroan, termasuk implementation by the Board of Directors in managing
melaksanakan tugas-tugas lain sesuai dengan the Company, carrying out other duties in accordance
keputusan-keputusan yang telah diambil dalam RUPS with resolutions of the GMS and tasks specified in the
dan tugas-tugas yang ditentukan di dalam Anggaran Articles of Association of PT Bank JTrust Indonesia
Dasar PT Bank JTrust Indonesia Tbk, Peraturan Bank Tbk, Bank Indonesia Regulation (PBI), Regulation of
Indonesia (PBI), Peraturan Otoritas Jasa Keuangan the Financial Services Authority (OJK), Indonesian
(POJK), Peraturan Bursa Efek Indonesia (BEI) dan Stock Exchange regulations (IDX) and other relevant
peraturan-peraturan terkait lainnya. regulations.
(1) Tugas dan Tanggung Jawab Dewan Komisaris (1) Duties and Responsibilities of the Board of
Commissioners
Dewan Komisaris melaksanakan tugas dan The Board of Commissioners perform their duties
tanggung jawab sebagai berikut: and responsibilities as follows:
1. Dewan Komisaris menyediakan waktu yang 1. The Board of Commissioners must provide
cukup untuk melaksanakan tugas dan sufficient time to carry out their duties and
tanggung jawabnya secara optimal. responsibilities optimally.
2. Dewan Komisaris memastikan 2. The Board of Commissioners shall ensure
terselenggaranya pelaksanaan tata kelola the implementation of Good Corporate
perusahaan yang baik dalam setiap kegiatan Governance in each business activity of the
usaha Bank pada seluruh tingkatan atau Bank at all levels of the organization.
jenjang organisasi.
3. Dewan Komisaris melaksanakan pengawasan 3. The Board of Commissioners shall supervise
terhadap pelaksanaan tugas dan tanggung the performance of duties and responsibilities,
jawab Direksi, serta memberikan nasihat as well as advising the Board of Directors.
kepada Direksi.
4. Dalam melakukan pengawasan, Komisaris 4. In conducting supervision, Commissioners
mengarahkan, memantau dan mengevaluasi direct, monitor, and evaluate the Bank’s
pelaksanaan kebijakan strategis Bank. strategic policy implementations.
5. Dalam melakukan pengawasan, Dewan 5. In conducting supervision, the Board of
Komisaris dilarang terlibat dalam pengambilan Commissioners is not allowed to be involved
keputusan kegiatan operasional bank, kecuali: in the decision-making of bank operations,
except for:

a. Penyediaan dana kepada pihak terkait a. Provision of funds to related parties as

sebagaimana diatur dalam ketentuan stipulated in the provisions of the Financial
Otoritas Jasa Keuangan (OJK)/Bank Services Authority (OJK)/Bank Indonesia
Indonesia tentang Batas Maksimum on Legal Lending Limit for Commercial
Pemberian Kredit Bank Umum; dan Banks; and
b. Hal-hal lain yang ditetapkan dalam b. Other matters specified in the Articles of
Anggaran Dasar Bank atau peraturan Association of the Bank or the prevailing
perundang-undangan yang berlaku. regulations.
6. Pengambilan keputusan oleh Dewan 6. Decision-making by the Board of
Komisaris sebagaimana dimaksud di atas Commissioners as mentioned above does
tidak meniadakan tanggung jawab Direksi not negate the responsibility of the Board of
atas pelaksanaan pengurusan Bank. Directors on the implementation of the bank
management.
7. Dewan Komisaris memastikan bahwa Direksi 7. The Board of Commissioners shall ensure that
telah menindaklanjuti semua audit dan the Board of Directors has followed up all
rekomendasi dari satuan kerja audit intern audit and the recommendations of the internal
bank, auditor eksternal, hasil pengawasan audit unit of the bank, external auditors,
Otoritas Jasa Keuangan (OJK)/Bank Indonesia monitoring reports from the Financial Services
dan/atau hasil pengawasan otoritas lain. Authority (OJK)/Bank Indonesia and/or other
authorities supervisory result.
8. Dewan Komisaris memberitahukan kepada 8. The Board of Commissioners shall inform
Otoritas Jasa Keuangan (OJK)/Bank the Financial Services Authority (OJK)/Bank
Indonesia paling lambat 7 (tujuh) hari kerja Indonesia no later than 7 (seven) days as of
sejak ditemukannya: the discovery of the following matters:
a. Pelanggaran peraturan perundang- a. Infringement of finance and banking
undangan di bidang keuangan dan regulation; and
perbankan; dan
b. Keadaan atau perkiraan keadaan yang b. Circumstances or prediction of
dapat membahayakan kelangsungan circumstances that may jeopardize the
usaha Bank. business of the Bank.
9. Dalam rangka mendukung efektivitas 9. In order to support the effectiveness of the
pelaksanaan tugas dan tanggung jawabnya, execution of its duties and responsibilities, the
Dewan Komisaris membentuk paling kurang: Board of Commissioners must establish, at least:
a. Komite Audit; a. Audit Committee;
b. Komite Pemantau Risiko; b. Risk Monitoring Committee;
c. Komite Nominasi dan Remunerasi. c. Nomination and Remuneration Committee.
10. Pengangkatan anggota Komite dilakukan oleh 10. Appointment of members of the Committee is
Direksi berdasarkan keputusan rapat Dewan carried out by the Board of Directors based on
Komisaris. the resolutions of the Board of Commissioners
Meeting.
11. Dewan Komisaris memastikan bahwa Komite 11. The Board of Commissioners shall ensure that
yang telah dibentuk menjalankan tugasnya the established Committee performs their
secara efektif. duties effectively.
12. Dewan Komisaris memiliki pedoman dan tata 12. The Board of Commissioners is required to
tertib kerja yang bersifat mengikat bagi setiap own work guidelines and code of conduct
anggota Dewan Komisaris, paling kurang that are binding every member of the Board
mencantumkan pengaturan etika kerja, waktu of Commissioners which, at the least, governs
kerja dan pengaturan rapat. the work ethics, work time and meeting
arrangements.
13. Memimpin Rapat Umum Pemegang Saham 13. To chair the General Meeting of Shareholders
(RUPS). (GMS).
14. Menetapkan sistem Remunerasi dan Evaluasi 14. To establish a system of Remuneration and
Kinerja Direksi dan Komisaris. Performance Evaluation of Board of Directors
and Board of Commissioners.
15. Dewan Komisaris menjalankan tugas dan 15. The Board of Commissioners must perform its
tanggung jawab secara independen. duties and responsibilities independently.

(2) Piagam Dewan Komisaris (BOC Charter) (2) Charter of the Board of Commissioners (BOC
Piagam Dewan Komisaris (BOC Charter) Charter)
dituangkan dalam bentuk ”Pedoman Tata Tertib Charter of the Board of Commissioners is
Dewan Komisaris PT Bank J Trust Indonesia Tbk” stipulated in the “Guidelines for Code of Conduct
yang telah disetujui oleh Direksi pada tanggal 12 of the Board of Commissioners of PT Bank J Trust
Desember 2018. Selanjutnya ”Pedoman Tata Tertib Indonesia Tbk” approved by the Board of Directors
Dewan Komisaris tersebut di atas, akan ditinjau on December 12, 2018. Further, the Guidelines for
secara berkala apabila dianggap perlu dengan Code of Conduct of the Board of Commissioners
memperhatikan ketentuan perundangan yang will be reviewed periodically where deemed
berlaku. necessary by observing the applicable laws and
regulations.
(3) Pengangkatan dan Masa Jabatan (3) Appointment and Term of Office
1) Setiap usulan pengangkatan dan/atau 1) Any proposal for the appointment and/or
penggantian anggota Dewan Komisaris telah replacement of members of the Board of
memperhatikan rekomendasi dari Komite Commissioners has taken into consideration
Nominasi dan Remunerasi serta telah disetujui the recommendations from the Nomination
oleh pemegang saham melalui Rapat Umum and Remuneration Committee and must be
Pemegang Saham (RUPS) sejalan dengan approved by the shareholders through the
kriteria utama dengan mempertimbangkan General Meeting of Shareholders (GMS) in
integritas, kompetensi, profesionalisme dan line with the main criteria by considering the
reputasi keuangan yang memadai sesuai integrity, competence, professionalism and
dengan persyaratan penilaian uji kemampuan adequate financial reputation in accordance
dan kepatutan (Fit and Proper Test) yang with the requirements of the Fit and Proper
telah ditetapkan oleh Otoritas Jasa Keuangan Test that have been stipulated by the Financial
(OJK). Services Authority (OJK).
2) Masa jabatan seorang anggota Dewan 2) The term of office for member of the Board
Komisaris sesuai Anggaran Dasar adalah of Commissioners according to the Articles of
efektif sejak tanggal yang ditentukan dalam Association shall be effective from the date
RUPS dan berakhir pada saat RUPS Tahunan specified in the GMS and ending at the 3rd
ke-3 (ketiga) setelah tanggal pengangkatan (third) Annual General Meeting of Shareholders
tersebut. after the date of the appointment.
3) Anggota Dewan Komisaris yang telah habis 3) Member of the Board of Commissioners
masa jabatannya dapat diangkat kembali oleh whose term of office has expired may be re-
RUPS. appointed by the GMS.
Sesuai dengan Hasil Keputusan RUPST In accordance with the Resolutions of the
tanggal 30 Maret 2017 yang menyetujui AGMS on March 30, 2017 which approved
tentang penetapan/pengangkatan kembali the reappointment of the term of office of
masa jabatan seorang anggota Komisaris, member of the Board of Commissioners, the
maka masa jabatan anggota Dewan Komisaris Board of Commissioners of PT Bank JTrust
PT Bank JTrust Indonesia Tbk tidak ada yang Indonesia Tbk has never been more than 2
lebih dari 2 (dua) periode berturut-turut yang (two) consecutive periods since the date of
diperhitungkan sejak pengangkatan pada appointment at the EGMS 2014.
RUPSLB tahun 2014.
(4) Kriteria Dewan Komisaris (4) Criteria of the Board of Commissioners

Kriteria dalam pemilihan anggota Dewan Komisaris Criteria for the appointment of members of the
antara lain adalah: Board of Commissioners are as follows:
1) Memenuhi persyaratan dimaksud dalam POJK 1) Meeting the requirements referred to in
Nomor 33/POJK.04/2014 tanggal 8 Desember Regulation of Financial Services Authority
2014 tentang Direksi dan Dewan Komisaris No. 33/POJK.04/2014 dated December 8,
Emiten atau Perusahaan Publik, yaitu: 2014 concerning the Board of Directors and
Board of Commissioners of Issuers or Public
Companies, namely:
a. Mempunyai akhlak, moral, dan integritas a. Having good moral and integrity.
yang baik.
b. Cakap melakukan perbuatan hukum. b. Proficient in performing legal actions.
c. Dalam 5 (lima) tahun sebelum c. Within 5 (five) years before appointment
pengangkatan dan selama menjabat: and during the term of office:

a) Tidak pernah dinyatakan pailit. a) Never been declared bankrupt.

b) Tidak pernah menjadi anggota b) Never become member of the Board
Direksi dan/atau anggota Dewan of Directors and/or of the Board of
Komisaris yang dinyatakan bersalah Commissioners who is found guilty
menyebabkan suatu perusahaan of causing a company to be declared
dinyatakan pailit. bankrupt.
c) Tidak pernah dihukum karena c) Never been punished for committing
melakukan tindak pidana yang a criminal offense that is detrimental
merugikan keuangan negara dan/ to state finances and/or relating to
atau yang berkaitan dengan sektor the financial sector; and
keuangan; dan
d) Tidak pernah menjadi anggota Direksi d) Never been a member of the Board
dan/atau anggota Dewan Komisaris of Directors and/or members of the
yang selama menjabat: Board of Commissioners who, during
their term of office:
(a) Pernah tidak menyelenggarakan (a) Never held an annual GMS;
RUPS tahunan;
(b) P e r t a n g g u n g j a w a b a n n y a (b) His/her accountability as member
sebagai anggota Direksi dan/ of the Board of Directors and/or
atau anggota Dewan Komisaris the Board of Commissioners was
pernah tidak diterima oleh RUPS not accepted by the GMS or has
atau pernah tidak memberikan not provide accountability as a
pertanggungjawaban sebagai member of the Board of Directors
anggota Direksi dan/atau and/or members of the Board of
anggota Dewan Komisaris kepada Commissioners to the General
RUPS; dan Meeting of Shareholders; and
(c) Pernah menyebabkan perusahaan (c) Never cause a company which
yang memperoleh izin, obtaining permit, approval or
persetujuan, atau pendaftaran registration from the Financial
dari Otoritas Jasa Keuangan Services Authority to be failed
tidak memenuhi kewajiban to comply with the obligation
menyampaikan laporan tahunan to submit annual reports and/
dan/atau laporan keuangan or financial statements to the
kepada Otoritas Jasa Keuangan. Financial Services Authority.
d. Memiliki komitmen untuk mematuhi d. Have a commitment to comply with laws
peraturan perundang-undangan. and regulations.
e. Memiliki pengetahuan dan/atau keahlian e. Having knowledge and/or expertise in the
di bidang yang dibutuhkan perusahaan. field required by the company.
2) Memenuhi persyaratan integritas, reputasi 2) Meeting the requirements of integrity, financial
keuangan dan kompetensi yang dimaksud reputation and competence as referred to in
dalam POJK Nomor 27/POJK.03/2016 tanggal the Regulation of Financial Services Authority
22 Juli 2016 tentang Penilaian Kemampuan No. 27/POJK.03/2016 dated July 22, 2016
dan Kepatutan Bagi Pihak Utama Lembaga regarding the Assessment of Ability and
Jasa Keuangan, dan SEOJK Nomor 39/ Payables of Major Financial Institutions,
SEOJK.03/2016 tanggal 13 September 2016 and Circular Letter of the Financial Services
tentang Penilaian Kemampuan dan Kepatutan Authority No. 39/SEOJK.03/2016 dated
Bagi calon Pemegang Saham Pengendali, September 13, 2016 on Capacity and
Calon Anggota Direksi, dan Calon Anggota Compliance Assessment for candidate of
Dewan Komisaris Bank. Controlling Shareholder, Member of Board
of Directors, and Member of Board of
Commissioners of Bank.
Persyaratan Integritas meliputi: Integrity requirements include:

a. cakap melakukan perbuatan hukum. a. Proficient in conducting legal action.
b. Memiliki akhlak dan moral yang baik, b. Having good character and morals, at
paling sedikit ditunjukkan dengan sikap least indicated by attitudes in compliance
mematuhi ketentuan yang berlaku, with applicable provisions, including never
termasuk tidak pernah dihukum karena being convicted of a criminal offense

terbukti melakukan tindak pidana dalam within the last 20 (twenty) years before
jangka waktu 20 (dua puluh) tahun being nominated.
terakhir sebelum dicalonkan.
c. Memiliki komitmen untuk mematuhi c. Having a commitment to comply with
peraturan perundang-undangan dan laws and regulations and support OJK
mendukung kebijakan OJK. policy.
d. Memiliki komitmen terhadap d. Committed to the development of a
pengembangan Bank yang sehat; dan sound Bank; and
e. Tidak termasuk sebagai pihak yang e. Not included as a party prohibited to
dilarang untuk menjadi Pihak Utama. become a Principal Party.
Persyaratan reputasi keuangan meliputi: Financial reputation requirements include:

a. Tidak memiliki kredit dan/atau a. Does not have credit and/or non-
pembiayaan macet; dan performing financing; and
b. Tidak pernah dinyatakan pailit dan/atau b. Has never been declared bankrupt
tidak pernah menjadi pemegang saham, and/or has never been a shareholder,
Pengendali Perusahaan Perasuransian Insurance Company Controller who is
yang bukan merupakan pemegang saham, not a shareholder, member of the Board
anggota Direksi, atau anggota Dewan of Directors or member of the Board of
Komisaris yang dinyatakan bersalah Commissioners found guilty of causing
menyebabkan suatu perseroan dinyatakan a company to be declared bankrupt
pailit dalam waktu 5 (lima) tahun terakhir within the last 5 (five) years before being
sebelum dicalonkan. nominated.
Persyaratan kompetensi paling sedikit meliputi Competence requirements at least include

pengetahuan dan/atau pengalaman yang knowledge and/or experience that support
mendukung pengelolaan Bank. the Bank’s management.
(5) Kriteria Komisaris Independen (5) Criteria of Independent Commissioners

Kriteria Komisaris Independen PT Bank JTrust Criteria for Independent Commissioner of
Indonesia Tbk telah sesuai dengan definisi POJK PT Bank JTrust Indonesia Tbk has been in
Nomor 55/POJK.03/2016 tentang Penerapan conformity with the definition stipulated in the
Tata Kelola Bagi Bank Umum dan POJK Nomor Regulation of Financial Services Authority No. 55/
33/POJK.04/2014 tanggal 8 Desember 2014 POJK.03/2016 on the Implementation of Good
tentang Direksi dan Dewan Komisaris Emiten atau Corporate Governance for Commercial Banks and
Perusahaan Publik Pasal 21, sebagai berikut: Regulation of Financial Services Authority No. 33/
POJK.04/2014 dated December 8, 2014 on the
Board of Directors and Board of Commissioners of
Issuers or Public Companies Article 21, as follows:
a. Bukan merupakan orang yang bekerja a. Not a person who is employed or has the
atau mempunyai wewenang dan tanggung authority and responsibility to plan, lead,
jawab untuk merencanakan, memimpin, control or supervise the Bank’s activities
mengendalikan, atau mengawasi kegiatan Bank within the last 6 (six) months, except for re-
tersebut dalam waktu 6 (enam) bulan terakhir, appointment as an Independent Commissioner
kecuali untuk pengangkatan kembali sebagai in the following period.
Komisaris Independen pada periode berikutnya.
b. Tidak mempunyai saham baik langsung b. Has no shares either directly or indirectly at
maupun tidak langsung pada Bank. the Bank.
c. Tidak mempunyai hubungan afiliasi dengan c. Has no affiliation with the Bank, member
Bank anggota Dewan Komisaris, anggota of the Board of Commissioners, member
Direksi, atau Pemegang Saham Utama Bank. of the Board of Directors, or the Principal
Shareholder of the Bank.
d. Tidak mempunyai hubungan usaha baik d. Has no direct or indirect business relationship
langsung maupun tidak langsung yang related to the Bank’s business activities.
berkaitan dengan kegiatan usaha Bank.

Pernyataan tentang Independensi Komisaris Statement on Independency of Independent

Independen Commissioner
Aspek Independensi
Mahdi Mahmudy Kwik Ing Hie
Aspect of Independency
Bukan merupakan orang yang bekerja atau mempunyai wewenang dan √ √
tanggung jawab untuk merencanakan, memimpin, mengendalikan atau men-
gawasi kegiatan PT Bank JTrust Indonesia Tbk dalam waktu 6 (enam) bulan
terakhir, kecuali untuk pengangkatan kembali sebagai Komisaris Independen
PT Bank JTrust Indonesia Tbk pada periode berikutnya.
Not a person who is employed or has the authority and responsibility to

plan, lead, control or supervise the activities of PT Bank JTrust Indonesia Tbk
within the last 6 (six) months, except for re-appointment as Independent
Commissioner of PT Bank JTrust Indonesia Tbk in the following period.
Tidak mempunyai saham baik langsung maupun tidak langsung pada PT √ √
Bank JTrust Indonesia Tbk.
Has no shares, directly or indirectly, at PT Bank JTrust Indonesia Tbk

Tidak mempunyai hubungan Afiliasi dengan PT Bank JTrust Indonesia Tbk, √ √
anggota Dewan Komisaris, Direksi atau pemegang saham utama PT Bank
JTrust Indonesia Tbk.
Not affiliated with PT Bank JTrust Indonesia Tbk, member of the Board of
Commissioners, Board of Directors or major shareholder of PT Bank JTrust
Indonesia Tbk
Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung √ √
yang berkaitan dengan kegiatan usaha PT Bank JTrust Indonesia Tbk.
Has no direct or indirect business relationship relating to the activities of PT

Bank JTrust Indonesia Tbk.
Sebagai bagian dalam melakukan proses uji As a part of the fit and proper test process at
kemampuan dan kepatutan (Fit and Proper the Financial Services Authority (OJK), member
Test) di Otoritas Jasa Keuangan (OJK), anggota of Independent Commissioners has prepared a
Komisaris Independen telah membuat dan Statement of Independency for submission to
menandatangani Surat Pernyataan Independensi OJK.
serta telah disampaikan kepada Otoritas Jasa
Keuangan (OJK).
(6) Jumlah dan Komposisi Dewan Komisaris (6) Total members and composition of the Board of
Mengacu kepada Peraturan Otoritas Jasa Commissioners
Keuangan (POJK) Nomor 55/POJK.03/2016 In reference to the Regulation of the Financial
tanggal 7 Desember 2016 tentang Penerapan Tata Services Authority (FSA) No. 55/POJK.03/2016
Kelola Bagi Bank Umum: dated December 7, 2016 concerning Governance
Implementation for Commercial Banks:
• Jumlah anggota Dewan Komisaris sekurang- • Members of the Board of Commissioners is at
kurangnya 3 (tiga) orang dan paling banyak least 3 (three) persons and shall not exceed
sama dengan jumlah anggota Direksi. the number of members of the Board of
Directors.
• Sekurang-kurangnya 1 (satu) anggota Dewan • At least one (1) person of the Board of
Komisaris berdomisili di Indonesia. Commissioners is domiciled in Indonesia.
• Dewan Komisaris wajib dipimpin oleh Presiden • The President Commissioner shall chair the
Komisaris atau Komisaris Utama. Board of Commissioners.
• Dewan Komisaris wajib terdiri dari Komisaris • The Board of Commissioners shall consist
Independen dan Komisaris Non Independen, of Independent and non-Independent
paling kurang 50% (lima puluh persen) dari Commissioners, at least 50% (fifty percent) of
jumlah anggota Dewan Komisaris adalah the total number of Board of Commissioners
Komisaris Independen. is Independent Commissioner.

Berdasarkan hasil keputusan RUPSLB tanggal 20 Based on EGMS resolutions on 20 September
September 2018, jumlah dan komposisi Dewan 2018, the number and composition of the Board of
Komisaris PT Bank JTrust Indonesia Tbk telah Commissioners of PT Bank JTrust Indonesia Tbk is
sesuai kriteria POJK di atas, sebagai berikut: in accordance with the above criteria, as follows:
• Anggota Dewan Komisaris sebanyak 4 (empat) • Members of the Board of Commissioners are 4
orang, termasuk 2 (dua) orang Komisaris (four) persons, including 2 (two) Independent
Independen, 1 (satu) orang Komisaris, dan 1 Commissioners, 1 (one) Commissioner and 1
(satu) orang Komisaris Utama, sedangkan (one) President Commissioner, while members
anggota Direksi sebanyak 6 (enam) orang. of the Board of Directors are 6 (six) persons.
• Anggota Dewan Komisaris yang • Members of the Board of Commissioners
berkewarganegaraan dan berdomisili di who are Indonesian citizens and domiciled in
Indonesia sebanyak 2 (dua) orang, serta 2 Indonesia are 2 (two) persons, and 2 (two) are
(dua) orang berkewarganegaraan Jepang dan Japanese citizens but domiciled in Indonesia.
berdomisili di Indonesia.
• Jumlah Komisaris Independen sebanyak 50% • The number of Independent Commissioners
dari jumlah anggota Dewan Komisaris. is 50% of the total members of the Board of
Commissioners.
Jumlah dan susunan anggota Dewan Komisaris The number and composition of the Board of
tersebut adalah: Commissioners are as follow:
Tanggal
Pengangkatan
Warganegara/ Tanggal Pengangkatan & Persetujuan Kembali
Nama Jabatan Domisili Date of Appointment & Approval Date of
No
Name Position Citizenship/ Reappointment
Domicile RUPS | GMS
RUPS | GMS BI/OJK | BI/FSA RUPS
1. Nobiru Adachi Komisaris Jepang/Jepang - RUPSLB tgl. 20 - RUPS Tahunan
Utama Japanese/Japan November 2014 14 April 2015 tgl. 30 Maret
President - RUPSLB tgl. 30 April 14, 2015 2017
Commissioner Desember 2014 - Annual GMS on
- EGMS on 20 March 30, 2017
November 2014
- EGMS on 30
December 2014
2. Nobuiku Chiba Komisaris Jepang/Jepang - RUPSLB tgl. 20 12 Maret 2016
Commissioner Japanese/Japan September 2018 March 12, 2016
- EGMS on 20
September 2018
3. Mahdi Mahmudy Komisaris Indonesia - RUPS Tahunan tgl. 23 November 2017
Independen 30 Juni 2016 November 23, 2017
Independent - Annual GMS on 30
Commissioner June 2016
4. Kwik Ing Hie Komisaris Indonesia - RUPS Tahunan tgl. 24 Agustus 2015
Independen 30 Juni 2016 August 24, 2015
Independent - Annual GMS on 30
Commissioner June 2016
Adapun ringkasan profil anggota Dewan Komisaris The summarized profile of the Board of Commissioners
sebagai berikut: are as follows:
1. Komisaris Utama : Nobiru Adachi 1. PRESIDENT COMMISSIONER: Nobiru Adachi
Warga Negara Jepang, 60 tahun. Ditetapkan/ Japanese Citizen, 60 years old. Appointed/
diangkat kembali sebagai Komisaris Utama J reappointed as President Commissioner of
Trust Bank berdasarkan hasil keputusan RUPST J Trust Bank based on AGMS on March 30,
tanggal 30 Maret 2017. Sebelumnya diangkat 2017. Previously was appointed as President
sebagai Komisaris Utama J Trust Bank sejak 30 Commissioner of J Trust Bank since December
Desember 2014 yang pada saat itu dikenal sebagai 30, 2014, at that time was known as Bank Mutiara.
Bank Mutiara. Memiliki pengalaman 26 tahun He has more than 26 years of working experience
di kementerian keuangan Jepang. Pada April at the Japan’s Ministry of Finance. He joined the
1980, bergabung dengan Departemen Keuangan Japan’s Ministry of Finance in April 1980, where he
Jepang dan mengemban berbagai jabatan held various strategic positions such as Director of

strategis, yaitu Direktur Kantor Pelayanan Pajak the Tax Office in Onomichi in July 1986, Director of
Onomichi pada Juli 1986, Direktur Wakil Menteri Deputy Finance Minister for International Affairs,
Keuangan untuk Urusan Internasional, bagian Secretariat of the Minister in June 1997; Legal
Sekretariat Menteri pada Juni 1997, Penasehat Counselor of the Budgeting Bureau, Director of
Hukum di Biro Anggaran, Direktur pada Divisi International Bureau’s Research Division in June
Riset Biro Internasional pada Juni 2002, Direktur 2002; Director of Policy Research Institute of
Institut Riset Kebijakan Departemen Keuangan the Ministry of Finance in June 2004; Director
pada Juni 2004, Direktur Jenderal Bea Cukai General of Customs in Hakodate in June 2005.
di Hakodate pada Juni 2005. Pada April 2006, He was appointed as Officer in Jasdaq Securities
ditunjuk sebagai Officer di Jasdaq Securities Exchange, Inc. in April 2006, then promoted
Exchange, Inc, dipromosikan menjadi Executive as Executive Officer in June 2006 and Country
Officer pada Juni 2006 dan pada Oktober Head for Japan in ETF Securities Ltd in October
2008, menjadi Country Head untuk Jepang di 2008. Then he served as Chairman and CEO in
ETF Securities Ltd, sebelum menjabat sebagai M & A Solution Japan Co., Ltd. in October 2011.
Chairman dan CEO di M & A Solution Japan Co, He joined J Trust Co., Ltd. in April 2013, serving
Ltd pada Oktober 2011. Bergabung dengan J as Advisor before became Managing Director in
Trust Co., Ltd. pada April 2013 sebagai Advisor. June 2013. The next position was the Director of
Kemudian menjabat sebagai Managing Director Representative and Senior Managing Director in
pada Juni 2013. Posisi selanjutnya adalah Direktur charge of Corporate Management Department,
Perwakilan dan Senior Managing Director yang followed by joining J Trust Bank as Commissioner
bertanggungjawab atas Corporate Management in November 2014, prior to his appointment as
Dept. dan pada November 2014 bergabung President Commissioner. He obtained his Bachelor
dengan J Trust Bank sebagai Komisaris sebelum degree from Faculty of Law University of Tokyo
ditunjuk sebagai Komisaris Utama. Menyelesaikan in 1980 and from Faculty of Economics Case
pendidikan Sarjana di Universitas Tokyo, Fakultas Western University in 1983.
Hukum, tahun 1980; Case Western University,
Fakultas Ekonomi, tahun 1983.
2. Komisaris : Nobuiku Chiba 2. Commissioner : Nobuiku Chiba

Warga Negara Jepang, 45 Tahun. Komisaris J Japanese Citizen, 45 years old. Appointed as
Trust Bank diangkat melalui RUPSLB tanggal 20 Commissioner of J Trust Bank based on EGMS
September 2018. Pengalaman bekerja terakhir on September 20, 2018. Last work as President
sebagai Komisaris Utama PT JTrust Olympindo Commissioner of PT JTrust Olympindo Multi
Multi Finance, Komisaris Utama pada PT JTrust Finance, President Commissioner of PT JTrust
Investments Indonesia, Representative Director Investments Indonesia, Representative Director
di J Trust Co., Ltd., Representative Director di JT of J Trust Co., Ltd., Representative Director in
Capital Co.,Ltd. Director JT Saving Bank Co.,Ltd, JT Capital Co., Ltd. Director in JT Saving Bank
memiliki pengalaman Kerja selama 26 tahun di Co., Ltd, having 26 years work experience in
industri investasi dan bisnis. Beliau memulai karir investment and business. He started his career
di Hikari Tsushin, Inc Japan pada tahun 1992. in Hikari Tsuhshin, Inc Japan in 1992. Finishing
Menyelesaikan pendidikan di Koshigaya-Minami his education in Kosighaya-Minami Senior High
Senior High School Japan pada tahun 1991. School in 1991.
3. Komisaris Independen : Mahdi Mahmudy 3. Independent Commissioner: Mahdi Mahmudy

Warga Negara Indonesia, 61 Tahun. Komisaris Indonesian Citizen, 61 years old. Independent
Independen J Trust Bank diangkat melalui RUPST Commissioner J Trust Bank appointed through
tanggal 30 Juni 2016. Pengalaman bekerja terakhir AGMS on 30 June 2016. Last worked as Executive
sebagai Executive Director pada Bank Indonesia di Director at Regional Department of Kalimantan
Departemen Regional Area Kalimantan. Memiliki Area. He has more than 30 years of working
pengalaman 30 tahun di industri perbankan. experience in the banking industry. He started his
Beliau memulai karir di Bank Indonesia pada career in 1986 at Bank Indonesia. He obtained his
tahun 1986. Beliau meraih gelar Sarjana Sosial Bachelor of Arts degree in Financial Management
di bidang Manajemen Finansial dari Universitas from the University of Indonesia in 1984, then
Indonesia pada tahun 1984. Kemudian beliau Masters degree in Monetary Policy from the
meraih gelar Master di bidang Kebijakan Moneter University of Illinois in 1992, and Doctorate degree
dari University of Illinois pada tahun 1992 dan in Management Strategic from the University of
gelar Doktor di bidang Manajemen Stratejik dari Indonesia in 2011.
Universitas Indonesia pada tahun 2011.

4. Komisaris Independen : Kwik Ing Hie 4. Independent Commissioner : Kwik Ing Hie
Warga Negara Indonesia, 56 tahun. Komisaris Indonesian Citizen, 56 years old. Independent
Independen J Trust Bank diangkat melalui RUPST commissioner of J Trust Bank appointed via AGMS
tanggal 30 Juni 2016. Memiliki pengalaman 28 on 30 June 2016. Has 28 years of experience in the
tahun di industri keuangan dan konsultasi. Saat ini financial industry and consultancy. Currently he
menjabat sebagai Managing Partner di Sternbridge serves as Managing Partner in Sternbridge Partner
Partner sejak 2015. Kwik Ing Hie sebelumnya since 2015. Previously he became as Commissioner
menjabat sebagai Komisaris MPM sejak 2010, dan of MPM since 2010 and as members of the GCG
juga menjabat sebagai anggota Komite GCG serta Committee and Chairman of the Nomination and
Ketua Komite Nominasi dan Remunerasi (KNR) Remuneration Committee of MPM since 2013. He
MPM sejak 2013. Beliau pernah menjabat sebagai was the President Director of PT Affinity Equity
Presiden Direktur PT Affinity Equity Partners Partners Indonesia from October 2009 to June
Indonesia dari Oktober 2009 hingga Juni 2014 2014 and President Director of PT Morgan Stanley
dan sebagai Presiden Direktur PT Morgan Stanley Asia Indonesia from 2006 to 2009. Between
Asia Indonesia dari 2006 hingga 2009. Sejak 1999 and 2006, he led his investment firm
1999 hingga 2006, beliau memimpin perusahaan focusing on merger, acquisition, and emergency
investasi miliknya yang fokus kepada merger, loan investment. He received Master of Business
akuisisi, dan investasi pinjaman darurat. Beliau Administration degree from Stanford University
meraih gelar Master of Business Administration in 1991, and Bachelor of Science in Computer
dari Stanford University pada 1991, dan gelar Engineering from Syracuse University in 1986
Bachelor of Science in Computer Engineering dari
Syracuse University pada tahun 1986.
(7) Rangkap Jabatan (7) Concurrent Position

Sesuai ketentuan dalam POJK tentang Penerapan In accordance with the OJK provisions on the
Tata Kelola Bagi Bank Umum, Anggota Dewan Implementation of Good Corporate Governance
Komisaris dilarang melakukan rangkap jabatan for Commercial Banks, members of the Board
sebagai anggota Direksi, anggota Dewan Komisaris of Commissioners are prohibited from assuming
atau Pejabat Eksekutif pada lembaga keuangan/ concurrent positions as members of the Board of
perusahaan keuangan baik Bank maupun bukan Directors, Board of Commissioners or Executive
Bank, juga pada > 1 (satu) lembaga bukan Officers of financial institutions/financial
keuangan atau perusahaan bukan keuangan, baik companies, whether Bank or non-Bank, and on >
yang berkedudukan di dalam maupun di luar 1 (one) non-financial institution or non-financial
negeri, kecuali: firm, located at home or abroad, except:
a) Merangkap jabatan sebagai anggota Direksi, a) To concurrently serve as a member of the
anggota Dewan Komisaris atau Pejabat Board of Directors, members of the Board
Eksekutif pada 1 (satu) lembaga/perusahaan of Commissioners or Executive Officers at 1
bukan lembaga keuangan, atau (one) non-financial institution/company, or
b) Merangkap jabatan sebagai anggota b) To concurrently serve as a member of Board
Direksi, anggota Dewan Komisaris atau of Directors, Board of Commissioners or
Pejabat Eksekutif yang melaksanakan fungsi Executive Officer performing supervisory
pengawasan pada 1 (satu) perusahaan anak functions on 1 (one) non-bank subsidiary
bukan Bank yang dikendalikan oleh Bank. which was controlled by the Bank.
c) Komisaris Non Idependen menjalankan tugas c) Non-Independent Commissioner shall perform
fungsional dari Pemegang Saham Bank yang functional duties of the Bank’s Shareholders
berbentuk badan hukum pada kelompok which has a legal entity in the Bank’s business
usaha Bank, dan/atau group, and/or
d) Anggota Dewan Komisaris menduduki jabatan d) Member of the Board of Commissioners
pada organisasi/lembaga nirlaba. holding position at non-profit organizations/
institutions.
Pada periode tahun 2018, rangkap jabatan anggota In 2018, the dual position of the Board of Commissioners
Dewan Komisaris sebagai berikut: is as follows:

Nama Jabatan Jabatan Lain

No
Name Position Other Position
Representative Director and Senior Managing Director
Komisaris Utama
1. Nobiru Adachi in charge of Corporate Management Dept. of J Trust
Co., Ltd.
• Executive Senior JTrust Co.,Ltd.
• Executive Director JTrust Capital Co.,Ltd.
• Director JT Chinae Saving Bank Co.,Ltd.
• Representative Director (incumbent) JTrust Co.,Ltd.
Komisaris
2. Nobuiku Chiba • President Commissioner (incumbent) PT JTrust
Commissioner
Investment Indonesia.
• President Commissioner (incumbent) PT JTrust
Olympindo Multi Finance (JTrust Olympindo
Finance).
Komisaris Independen Tidak ada
3. Mahdi Mahmudy
Independent Commissioner None
Komisaris Independen Tidak ada
4. Kwik Ing Hie
Independent Commissioner None

Rangkap jabatan oleh anggota Dewan Komisaris Dual positions by members of the Board of
J Trust Bank telah sesuai dengan ketentuan Commissioners of J Trust Bank are in line with the
POJK dimaksud, yaitu anggota Komisaris Non POJK regulations: members of Non-Independent
Independen melakukan rangkap jabatan untuk Commissioners hold dual positions to implement
menjalankan tugas fungsional dari Pemegang functional task from Bank Shareholders in form of
Saham Bank yang berbentuk badan hukum pada legal institutions in Bank business group.
kelompok usaha Bank.
(8) Hubungan Afiliasi (8) Affiliation

Anggota Dewan Komisaris PT Bank JTrust Members of the Board of Commissioners of
Indonesia Tbk telah membuat dan menandatangani PT Bank JTrust Indonesia Tbk has issued and
surat pernyataan terkait beberapa hal sebagai signed a statement letter related to the following
berikut: matters:
• Anggota Dewan Komisaris memiliki saham • Members of the Board of Commissioners have
yang mencapai ≥5% (lima persen) dari modal shares that reached ≥5% (five percent) of the
disetor pada Bank yang bersangkutan, Bank paid up capital of the respective Bank, other
Lain, Lembaga keuangan bukan Bank, dan banks, non-bank financial institutions, and
perusahaan lain yang berkedudukan baik di other firms both in domestic and overseas.
dalam maupun di luar negeri.
Transparansi Kepemilikan Saham Anggota Transparency of Share Ownership of Members

Dewan Komisaris yang Mencapai 5% atau Lebih of the Board of Commissioners Achieving 5% or
dari Modal Disetor More of Paid-in Capital
Lembaga
Keuangan Bukan
Nama Bank Lain Bank Perusahaan Lain
No J Trust Bank %
Name Other Bank Non Bank Other Company
Financial
Institution
1. Nobiru Adachi - - - - -
2. Nobuiku Chiba - - - - -
3. Mahdi Mahmudy - - - - -
4. Kwik Ing Hie - - - - -
• Hubungan Keuangan dan Hubungan Keluarga • Financial Relationships and Family Relationships
Anggota Dewan Komisaris dengan Anggota of Members of the Board of Commissioners with
Dewan Komisaris Lainnya, Direksi dan/atau Other Members of Boards of Commissioners,
Pemegang Saham Pengendali Bank Directors and/or Controlling Shareholder of the
Bank

Transparansi Hubungan Keuangan Financial Relation Transparency
Dewan Komisaris Direksi Pemegang Saham Pengendali
Nama Board of Commissioners Board of Directors Controlling Shareholders
No
Name Ya Tidak Ya Tidak Ya Tidak
Yes No Yes No Yes No
1. Nobiru Adachi √ √ √
2. Nobuiku Chiba √ √ √
3. Mahdi Mahmudy √ √ √
4. Kwik Ing Hie √ √ √
Transparansi Hubungan Keluarga Family Relationship Transparency

Pemegang Saham
Dewan Komisaris Direksi
Pengendali
Nama Board of Commissioners Board of Directors
No Controlling Shareholders
Name
Ya Tidak Ya Tidak Ya Tidak
1. Nobiru Adachi √ √ √
2. Nobuiku Chiba √ √ √
3. Mahdi Mahmudy √ √ √
4. Kwik Ing Hie √ √ √
(9) Kebijakan dan Pelaksanaan Rapat Dewan (9) Policy and Implementation of the Board of
Komisaris Commissioners Meeting
1) Kebijakan Rapat Dewan Komisaris 1) Board of Commissioners’ Meeting Policy
1. Dewan Komisaris wajib mengadakan 1. The Board of Commissioners shall hold a
rapat Dewan Komisaris paling kurang meeting of the Board of Commissioners at
1(satu) kali dalam 2 (dua) bulan dan rapat least once in 2 (two) months and meetings
bersama Direksi paling kurang 1 (satu) kali with the Board of Directors at least once
dalam 4 (empat) bulan. in 4 (four) months.
2. Dewan Komisaris harus menjadwalkan 2. The Board of Commissioners shall
rapat untuk tahun berikutnya sebelum schedule meetings for the following year
berakhirnya tahun buku. before the end of the fiscal year.
3. Pada rapat yang telah dijadwalkan, 3. At the scheduled meeting, the material
bahan rapat disampaikan kepada peserta for the meeting shall be submitted to the
paling lambat 5 (lima) hari sebelum rapat participants no later than 5 (five) days
diselenggarakan. Dalam hal terdapat rapat prior to the meeting. In the event that the
yang diselenggarakan di luar jadwal yang meeting is held out of the schedule, then
telah disusun, bahan rapat disampaikan the meeting material shall be submitted
kepada peserta rapat paling lambat to the participants at least before the
sebelum rapat diselenggarakan. meeting is held.
4. Dewan Komisaris wajib menghadiri 4. The Board of Commissioners shall attend
setidaknya 2 (dua) kali rapat, baik secara at least 2 (two) meetings, either physically
fisik atau melalui video conference. or through video conference.
5. Pengambilan keputusan rapat Dewan 5. The decision of the Board of Commissioners’
Komisaris telah dilakukan berdasarkan shall be made based on deliberation for
musyawarah untuk mufakat, dan/atau consensus, and/or trough voting in the
suara terbanyak dalam hal tidak terjadi event that no decision based on deliberation
keputusan musyawarah untuk mufakat. for consensus had been reached.
6. Hasil rapat Dewan Komisaris wajib 6. The results of the Board of Commissioners’
dituangkan dalam risalah rapat/notulen, meetings shall be set forth in minutes
ditandatangani oleh anggota Dewan of meetings, signed by members of the
Komisaris yang hadir, disampaikan kepada Board of Commissioners attending the
seluruh anggota Dewan Komisaris dan meeting, distributed to all members of
didokumentasikan dengan baik, termasuk the Board of Commissioners and properly
pencantuman dissenting opinions (apabila documented, including inclusion of
ada). dissenting opinions (if any).

2) Selama periode tahun 2018, Dewan Komisaris 2) In 2018, the Board of Commissioners has held
telah menyelenggarakan rapat dengan meetings with the frequency of meetings
frekuensi rapat dan tingkat kehadiran anggota and attendance of members of the Board of
Dewan Komisaris sebagai berikut: Commissioners as follows:
a. Rapat Bersama anggota Dewan Komisaris a. Joint Meeting of the Board of
dengan anggota Direksi selama tahun Commissioners with the Board of
2018 sebanyak 6 (enam) kali, dimana Directors in 2017 for 6 (six) times, in which
jumlah kehadiran rapat dihadiri secara fisik the number of physical attendance by all
oleh seluruh anggota Dewan Komisaris members of the Board of Commissioners
yang telah lulus uji kemampuan dan who have passed the Fit and Proper Test
kepatutan (Fit and Proper Test) oleh OJK by OJK, based on the terms of office is as
berdasarkan ‘periode menjabat’ adalah: follow:
Periode Menjabat
Jumlah
Nama (Sejak Lulus F & P) % Kehadiran
Kehadiran
Name Serving Period % Attendance
Attendance
(After passing the F & P)
Rapat Bersama Dewan Komisaris dengan Direksi | Board of Commissioners - Board of Directors Meeting
Nobiru Adachi 1 Januari s/d 31 Desember 2018 2 33%
Komisaris Utama | President January 1 until December 31, 2018
Commissioner
Shigeyoshi Asano 1 Januari s/d 20 September 2018 2 33%
Komisaris | Commissioner 1) January 1 until September 20, 2018
Ahmad Fajar 1 Januari s/d 30 April 2018 1 17%
Komisaris | Commissioner 2) January 1 until April 30, 2018
Nobuiku Chiba 12 Maret 2019 - -
Komisaris | Commissioner 3) March 12, 2019
Benny Luhur 1 Januari s/d 28 Juni 2018 2 33%
Komisaris Independen January 1 until June 28, 2018
Independent Commissioner 4)
Mahdi Mahmudy 1 Januari s/d 31 Desember 2018 6 100%
Komisaris Independen January 1 until December 31, 2018
Kwik Ing Hie 1 Januari s/d 31 Desember 2018 6 100%
Komisaris Independen January 1 until December 31, 2018
Pengalihan tugas sebagai Direktur Utama berdasarkan hasil keputusan RUPSLB tanggal 20 September 2018, dan efektif tanggal 21
1)
Februari 2019 sebagai Direktur Utama sejak lulus fit and proper test oleh OJK
2)
Efektif tanggal 23 November 2017 sejak lulus fit and proper test oleh OJK, kemudian mengundurkan diri efektif per tanggal 1 Mei 2018.
3)
Ditunjuk sebagai Komisaris berdasarkan hasil keputusan RUPSLB tanggal 20 September 2018, dan efektif tanggal 12 Maret 2019 sebagai
Komisaris sejak lulus fit and proper test oleh OJK
4)
Berakhirnya masa jabatan berdasarkan hasil keputusan RUPST tanggal 28 Juni 2018
1)
Transfer of duties as President Director based on the resolutions of the EGMS on September 20, 2018, and effective on February 21, 2019
as President Director since passing the fit and proper test by OJK
2)
Effective November 23, 2017 after passing the fit and proper test by the OJK, then resigning effectively as of May 1, 2018.
3)
Appointed as a Commissioner based on the resolutions of the EGMS on September 20, 2018, and effective on March 12, 2019 as a
Commissioner after passing the fit and proper test by OJK
4)
The expiration of the term of office is based on the resolutions of the AGMS dated June 28, 2018

Tabel kehadiran rapat untuk masing-masing The table of meeting attendance of each member of
anggota Dewan Komisaris adalah: the Board of Commissioners is as follow:
1 2 3 4 5 6 ∑
Nama Komisaris Jumlah
Commissioners Name Tgl | Date Tgl | Date Tgl | Date Tgl | Date Tgl | Date Tgl | Date Kehadiran
14/2/18 24/5/18 30/8/18 25/10/18 22/11/18 13/12/18 Attendance
Nobiru Adachi x √ x x √ x 2
Shigeyoshi Asano x √ √ - - - 2
Ahmad Fajar √ - - - - - 1
Nobuiku Chiba - - - -
Benny Luhur √ √ - - - - 2
Mahdi Mahmudy √ √ √ √ √ √ 6
Kwik Ing Hie √ √ √ √ √ √ 6
Keterangan | Note:
√: Hadir | Present
X: Absen | Absent
-: Belum efektif | Not effective in position
b. Agenda Rapat Bersama Dewan Komisaris b. Agenda of Joint Meeting of the Board
dengan Direksi (Radirkom) of Commissioners with the Board of
Directors (Radirkom)
Tanggal Jenis Rapat Agenda Rapat
Date Types of Meeting Meeting Agenda
14 Februari 2018 Radirkom 1. Presentasi tentang struktur organisasi Bank yang terkini.
14 February 2018 Meeting of BOD 2. Presentasi tentang hasil migrasi Core Banking System Bank dan hasil
and BOC Post Implementation Review dan tindak lanjutnya, serta program
kerja untuk pemenuhan implementasi sistem/aplikasi lainnya yang
ditargetkan di Triwulan I 2018.
3. Presentasi kinerja Bank per 31 Desember 2017.
4. Lain-lain.
1. Presentation of the Bank’s current organizational structure.

2. Presentation on the results of the Bank Core Banking System
migration and the results of the Post Implementation Review and its
follow-up, as well as work programs to fulfill the implementation of
other systems/applications targeted in the first Quarter of 2018
3. Bank performance presentation as of December 31, 2017.
4. Others.
24 Mei 2018 Radirkom 1. Struktur Organisasi Bank – tanggapan atas hal yang menjadi
24 May 2018 Meeting of BOD perhatian OJK serta usulannya.
and BOC 2. Tindak lanjut Direksi dalam memastikan akuntabilitas dan validitas
laporan keuangan, serta progress status dari komitmen Bank kepada
OJK.
3. Tindak lanjut Direksi atas kelanjutan pengembangan CBS guna
mendukung pertumbuhan lending dan funding Bank; serta terhadap
kewajiban untuk memenuhi standar akuntansi yang berlaku.
4. Pengelolaan likuiditas dan funding – tanggapan atas hal yang menjadi
perhatian OJK; serta upaya untuk memitigasi pengenaan denda oleh
regulator
5. Kinerja keuangan Bank per 30 April 2018.
1. Bank Organizational Structure - response to matters of concern to the

OJK and its proposals.
2. Follow-up actions of the Directors in ensuring the accountability and
validity of financial statements, as well as progress status from the
Bank’s commitment to the FSA.
3. Follow-up of the Board of Directors regarding the continued
development of CBS to support the growth of lending and funding
of the Bank; and the obligation to meet applicable accounting
standards.
4. Management of liquidity and funding - responses to matters of
concern to the FSA; and efforts to mitigate the imposition of fines by
regulators
5. Bank financial performance as of April 30, 2018.


30 Agustus 2018 Radirkom 1. Kinerja keuangan Bank per 31 Juli 2018 dengan perbandingan
30 August 2018 Meeting of BOD terhadap RBB dan posisi keuangan per 30 Juni dan 31 Mei 2018.
and BOC 2. Tindak lanjut manajemen di sisa periode tahun 2018 guna
memperbaiki kinerja Bank di area:
- Kredit
- Funding
- Likuiditas
- Rentabilitas
- Modal
- Rasio Keuangan
3. Lain-lain
1. The Bank’s financial performance as of July 31, 2018 with a

comparison of the RBB and financial position per June 30 and May 31,
2018.
2. Management’s follow-up in the remaining 2018 period to improve the
Bank’s performance in the area:
- Credit
- Funding
- Liquidity
- Rentability
- Capital
- Financial Ratio
3. Others
25 Oktober 2018 Radirkom 1. Progress pemenuhan action plan Bank sebagaimana komitmen
25 October 2018 Meeting of BOD Bank kepada OJK untuk menjawab permasalahan berikut, termasuk
and BOC penjelasan tentang langkah-langkah yang akan diambil Bank
- Permodalan Progress pemenuhan action plan atas permodalan
guna mengantisipasi memburuknya kualitas kredit, perkembangan
atas kasus-kasus hukum yang sedang berjalan, dan untuk
mendukung pertumbuhan kredit di tahun 2018 sesuaidengan RBB
2018.
- Perkreditan
Proses pemenuhan action plan atas perkreditan Bank guna
menurunkan rasio NPL menjadi di bawah 4%; pengalihan kredit
bermasalah kepada JTII, melakukan review atas pinjaman-pinjaman
yang memburuk menjadi NPL dalam 1 (satu) tahun sejak pinjaman
dicairkan dan tindakan mitigasinya, serta untuk menangani
pelampauan BMPK an. PT Sinar Central Sandang.
- Likuiditas/Liquidity
Proses pemenuhan action plan untuk mengurangi/meminimalkan
ketergantungan Bank terhadap Pasar Uang Antar Bank (PUAB)
- Lain-lain
2. Strategi Treasury Bank guna memitigasi dampak dari pelemahan
Rupiah terhadap mata uang asing lainnya tehadap kinerja Bank,
likuiditas Bank, serta strategi treasury untuk meningkatkan
pendapatan Bank ketika kredit dinyatakan stop.
3. Kinerja keuangan Bank per 30 September 2018
4. Lain-lain
1. Progress in fulfilling the Bank’s action plan as the Bank’s commitment

to the OJK to answer the following problems, including an explanation
of the steps the Bank will take
- Capital Progress fulfillment of action plans on capital to anticipate
deteriorating credit quality, developments in ongoing legal cases,
and to support credit growth in 2018 in accordance with the 2018
RBB.
- Credit
The process of fulfilling the action plan of Bank credit to reduce
the NPL ratio to below 4%; transfer of non-performing loans to
JTII, conduct a review of loans that have deteriorated into NPLs
within 1 (one) year since the loan was disbursed and its mitigation
actions, as well as to deal with exceeding the LLL PT Sinar Central
Sandang.
- Liquidity
The process of fulfilling an action plan to reduce/minimize the
Bank’s dependence on the Interbank Money Market (PUAB)
- Etc
2. The Bank’s Treasury Strategy to mitigate the impact of the weakening
of the Rupiah against other foreign currencies on the Bank’s
performance, Bank liquidity, and treasury strategies to increase the
Bank’s income when the credit is declared stop.
3. Bank financial performance as of September 30, 2018
4. Others

22 November Radirkom 1. Rencana Bisnis Bank 2019 yang harus disampaikan kepada OJK
2018 Meeting of BOD selambat-lambatnya pada tanggal 30 November 2018.
and BOC 2. Progress pemenuhan action plan Bank sebagai komitmen Bank
terhadap OJK dalam bidang:
- Permodalan
- Perkreditan
- Likuiditas
- Lain-lain
3. Kinerja keuangan Bank per 31 Oktober 2018.
4. Lain-lain
1. 2019 Bank Business Plan that must be submitted to OJK no later than
November 30, 2018.
2. Progress in fulfilling the Bank’s action plan as the Bank’s commitment
to OJK in the fields of:
- Capital
- Credit
- Liquidity
- Etc
3. Bank financial performance as of 31 October 2018.
4. Others
13 Desember Radirkom 1. Status perkembangan action plan Bank kepada OJK hingga 30
2018 Meeting of BOD November 2018 dan prognosanya hingga 31 Desember 2018,
13 December and BOC khususnya atas:
2018 - Likuiditas
- Permodalan
- Penyelesaian kredit bermasalah
- Credit governance
2. Kinerja keuangan Bank per 30 November 2018; beserta prognosa
hingga 31 Desember 2018.
3. Lain-lain.
1. Status of the Bank’s action plan development to the FSA up to 30

November 2018 and its prognosis until 31 December 2018, especially
for:
- Liquidity
- Capital
- Settlement of problem loans
- Credit governance
2. Bank financial performance as of 30 November 2018; along with the
prognosis until 31 December 2018.
3. Others.
(10)Penilaian (Assessment) Kinerja (10)Assessment of the performance of the Board of

Dewan Komisaris Commissioners
- Pihak yang melakukan penilaian - The party conducting the assessment
PT Bank JTrust Indonesia Tbk melaksanakan PT Bank JTrust Indonesia Tbk conducts an
proses evaluasi kinerja Dewan Komisaris untuk evaluation on the performance of the Board
menilai efektivitas pelaksanaan tugas Dewan of Commissioners in order to assess the
Komisaris. effectiveness of the implementation of duties
of the Board of Commissioners.
- Prosedur pelaksanaan penilaian Kinerja - Performance appraisal procedures
Pelaksanaan penilaian kinerja Dewan Komisaris The evaluation on the performance of the
dilakukan melalui self assessment penerapan Board of Commissioners is conducted through
tata kelola Bank dimana Dewan Komisaris self assessment on the implementation of
mengisi Kertas Kerja Self Assessment untuk the Bank’s governance whereby the Board
faktor penilaian pelaksanaan tugas dan of Commissioners shall fill out the Self
tanggung jawab Dewan Komisaris yang Assessment Working Paper for 49 actors of
disampaikan Bank kepada OJK dengan assessment on the implementation of the
menyampaikan Laporan hasil self assessment duties and responsibilities of the Board of
penerapan tata kelola Bank sebagaimana Commissioners to be submitted by the Bank

diatur pada Surat Edaran Otoritas Jasa to FSA, by submitting the self assessment
Keuangan Nomor 13/SEOJK.03/2017 tanggal report on the implementation of the Bank’s
17 Maret 2017 Tentang Penerapan Tata Kelola governance as stipulated in the Circular
Bagi Bank Umum. Letter of the Financial Services Authority
No. 13/SEOJK.03/2017 dated March 17, 2017
on the Implementation of Good Corporate
Governance for Commercial Banks.
- Kriteria yang digunakan - Criteria
Kriteria/Indikator yang digunakan mencakup The criteria/Indicator used for the assessment
3 (tiga) aspek Governance: include 3 (three) aspects of Governance:
a. Penilaian Governance Structure a. Governance Structure Assessment
Menilai kecukupan struktur dan Assessing the adequacy of the Bank’s
infrastruktur tata kelola Bank agar proses governance structure and infrastructure
penerapan prinsip Tata Kelola yang baik so that the process of applying the
menghasilkan outcome yang sesuai Good Governance principles results in
dengan harapan Pemangku Kepentingan an outcome that is consistent with the
Bank. expectations of the Bank’s Stakeholders.
b. Penilaian Governance Process b. Governance Process Assessment
Menilai efektivitas proses penerapan Assessing the effectiveness of the process
prinsip Tata Kelola yang didukung oleh in applying the GCG principles which
kecukupan struktur dan infrastruktur was supported by the adequacy of Bank
Tata Kelola Bank sehingga menghasilkan Governance structure and infrastructure
outcome yang sesuai dengan harapan so as to produce an outcome that is in
Pemangku Kepentingan Bank. line with the expectations of the Bank’s
Stakeholders.
c. Penilaian Governance Outcome c. Assessment on the Governance Outcome
Menilai kualitas outcome yang memenuhi Assessing the quality of the outcome
harapan Pemangku Kepentingan Bank that meet the expectations of the Bank’s
yang merupakan hasil proses penerapan Stakeholders as the result of the process in
prinsip Tata Kelola yang baik yang applying the Good Governance principles,
didukung oleh kecukupan struktur dan which is supported by the adequacy of
infrastruktur Tata Kelola Bank. the Bank’s structure and infrastructure.
Penilaian kinerja Dewan Komisaris juga The assessment on the performance of the
dilakukan pada saat pertanggungjawaban Board of Commissioners was also conducted
laporan tahunan Bank dalam RUPS Tahunan during the accountability of the annual report
kepada pemegang saham (shareholder) of the Bank in the Annual General Meeting
mayoritas, yaitu J Trust Co., Ltd., dimana RUPS of Shareholders to the majority shareholder,
Tahunan di tahun 2019 ini akan diselenggarakan namely J Trust Co., Ltd., whereby the AGMS
dalam jangka waktu paling lambat 6 (enam) in 2019 will be held within no later than 6 (six)
bulan setelah tahun buku 2018 berakhir. months after the end of fiscal year 2018. As
Sebagai gambaran untuk pelaksanaan RUPS an illustration for the implementation of the
pertanggungjawaban laporan tahun buku GMS for the accountability of the 2017 fiscal
2017 termasuk laporan Tugas Pengawasan year report, including the Supervisory report
Dewan Komisaris Perusahaan merupakan of the Board of Commissioners is the annual
laporan tahunan perusahaan tahun buku report of the company for the fiscal year 2017
2017 yang menerangkan tentang keadaan explaining the state of the company and the
jalannya perusahaan dan hasil yang telah results achieved during 2017. Furthermore,
dicapai selama tahun 2017. Selanjutnya declared and granted full vollediq acquit et
menyatakan serta memberikan pelunasan dan decharge to the members of the Board of
pembebasan tanggung jawab sepenuhnya Commissioners for the supervisory actions
(vollediq acquit et decharge) kepada anggota they have exercised during the fiscal year
Dewan Komisaris atas tindakan pengawasan 2017.
yang telah mereka jalankan selama tahun
buku 2017.

(11) Program Pelatihan Anggota Dewan Komisaris (11) Training Program for Members of the Board of
Untuk meningkatkan kompetensi dan penyelarasan Commissioners
dengan perkembangan dunia usaha dalam To improve the competence and to align with the
mendukung pelaksanaan tugas dan tanggung development of the business world in support of
jawabnya, selama tahun 2018 anggota Dewan the implementation of duties and responsibilities,
Komisaris PT Bank JTrust Indonesia Tbk telah in 2018, members of the Board of Commissioners
mengikuti berbagai program pelatihan, workshop, of PT Bank JTrust Indonesia Tbk attended various
konferensi, seminar, antara lain: training programs, workshops, conferences,
seminars, among others:
Periode Menjabat
Pelatihan, Workshop,
(Sejak Lulus F & P)
Nama Konferensi, Seminar Penyelenggara Tempat & Waktu
Serving Period
Name Training, Workshop, Organizer Venue &Time
(After Passing the F
Conference, Seminar
& P)
Mahdi Mahmudy 01 Januari s/d 31 Diklat Executive Risk Lembaga Dusseldorf - Frankfurt,
Komisaris Independen Desember 2018 Management Refreshment Pendidikan Germany
Independent January 1 to December Program Perbankan 02 s/d 09 Juli 2018
Commissioner 31, 2018 Education & Training on Indonesia 02 s/d 09 July 2018
Executive Risk Management (LPPI)
Refreshment Program Banking
Education
Institution
(LPPI)
(12) Pengawasan dan Rekomendasi Dewan Komisaris (12) Supervision and Recommendation from the
Dewan Komisaris berperan aktif dalam melakukan Board of Commissioners
fungsi pengawasan, memberikan masukan The Board of Commissioners played active
dan rekomendasi melalui pembahasan pada role in providing inputs and recommendations
Rapat Dewan Komisaris dan Direksi maupun through discussions at Meetings of the Board
pembahasan dalam Komite-Komite di bawah of Commissioners and Board of Directors as
Dewan Komisaris yang membantu kelancaran well as the discussion in the Committees under
tugas dan fungsi oleh Dewan Komisaris. Adapun the Board of Commissioners, which supports in
topik-topik pembahasan pada Rapat Dewan facilitating the monitoring duties of the Board of
Komisaris dan Direksi yang menjadi pengawasan Commissioners. The topics of discussion at the
dan rekomendasi Dewan Komisaris selama tahun Board of Commissioners and Board of Directors
2018 antara lain: meetings and recommendations of the Board of
Commissioners in 2018 included:
a. Evaluasi atas Rencana Bisnis Bank (RBB) a. Evaluation on the Bank Business Plan
2017-2019 beserta revisinya serta realisasi (RBB) 2017-2019 along with its revision and
RBB setiap triwulannya. realization of RBB on quarterly basis.
b. Evaluasi atas Strategi Bank ke depan. b. Evaluation on the Bank’s Strategy for the
future.
c. Evaluasi atas kinerja keuangan Bank serta c. Evaluation on the Bank’s financial performance
pencapaiannya jika dibandingkan target dan as well as its achievement when compared to
upaya Bank dalam menanggapi deviasi yang the Bank’s targets and its efforts in responding
ada. the existing deviation.
d. Evaluasi atas Tingkat Kesehatan Bank serta d. Evaluation of the Bank’s Soundness and its
upaya Bank untuk mempertahankan peringkat efforts to maintain existing ratings.
yang ada.
e. Evaluasi atas progress perkembangan proyek e. Evaluation on the progress of the Bank’s
migrasi corebanking system Bank. corebanking migration project.
f. Pembahasan tentang pemberitaan negatif f. Discussion on negative reporting as well as
maupun kasus-kasus hukum yang sedang ongoing legal cases, along with the Bank’s
berjalan serta tindak lanjut Bank. follow-up action.
g. Evaluasi atas tanggapan serta komitmen Bank g. Evaluate the response and commitment of the
kepada regulator terkait dengan surat-surat Bank to the regulator regarding the letters or
pembinaan maupun terkait tindak lanjut hasil related to the follow-up of the results from the
pemeriksaan tahunan regulator atas Bank. regulator’s annual audit of the Bank.

h. Pembahasan tentang Rencana Bisnis Bank h. Discussion on the Bank Business Plan (RBB)
(RBB) 2018-2020. 2018-2020.
i. Pembahasan tentang Strategi Bank 2018- i. Discussion on the Bank’s Strategy 2018-2020
2020
(13) Kebijakan Remunerasi dan Fasilitas Bagi Dewan (13) Remuneration Policy and Facilities for the Board
Komisaris of Commissioners
RUPS menyetujui pemberian kuasa kepada The GMS approved to grant the authority to
Dewan Komisaris Perseroan untuk menetapkan the Board of Commissioners to determine the
besarnya Remunerasi (honorarium, tantiem serta amount of Remuneration (honorarium, tantiem
penetapan fasilitas/benefit/tunjangan lainnya) and establishment of facilities/benefits/other
bagi anggota Dewan Komisaris Perseroan benefits) for the members of the Board of
berdasarkan rekomendasi dari Komite Remunerasi Commissioners based on the recommendation of
dan Nominasi. the Remuneration and Nomination Committee.
Prosedur Penetapan Remunerasi Dewan Procedure for the Determination of the

Komisaris Remuneration of the Board of Commissioners
• Tahap 1 • Stage 1
Komite Remunerasi dan Nominasi menyusun The Remuneration and Nomination
dan mengusulkan rekomendasi remunerasi Committee prepares and recommends the
Direksi dan Dewan Komisaris kepada Dewan remuneration of the Board of Directors and
Komisaris. Board of Commissioners to the Board of
Commissioners.
Dewan Komisaris mengkaji usulan Komite The Board of Commissioners reviews the
Remunerasi dan Nominasi serta mengusulkan proposals submitted by the Remuneration
kepada RUPS untuk menetapkan remunerasi and Nomination Committee and proposes to
Dewan Komisaris berdasarkan rekomendasi the GMS to determine the remuneration of
Komite Remunerasi dan Nominasi. BOC based on the recommendations of the
Remuneration and Nomination Committee.
RUPS yang bertindak mewakili pemegang The GMS acts on behalf of the majority
saham mayoritas menyetujui pemberian shareholders in approving the grant of
kuasa kepada Dewan Komisaris Perseroan power to BOC to determine the amount of
untuk menetapkan besarnya Remunerasi Remuneration for the members of BOC based
bagi anggota Dewan Komisaris Perseroan on the recommendation of the Remuneration
berdasarkan rekomendasi dari Komite and Nomination Committee.
Remunerasi dan Nominasi.
Struktur Remunerasi dan Fasilitas Bagi Dewan Structure of Remuneration and Facilities for the
Komisaris BOC
Jenis Penghasilan Ketentuan
No
Type of Income Terms
1 Honorarium/Gaji | Honorarium/Salary Sesuai kebijakan kompensasi, benefit & fasilitas BOC, BOD & EVP
As compensation policies, benefits and facilities BOC, BOD & EVP
2 Tunjangan Rutin | Routine Allowance Sesuai kebijakan kompensasi, benefit & fasilitas BOC, BOD & EVP
As compensation policies, benefits and facilities BOC, BOD & EVP
Besarnya Remunerasi Masing-Masing Anggota The Amount of Remuneration of Each Member of

Dewan Komisaris the Board of Commissioners
Rincian pemberian remunerasi Dewan Komisaris Details of remuneration of the Board of

pada tanggal 31 Desember 2018 yaitu: Commissioners as of December 31, 2018 are as
follows:

Jumlah Remunerasi Per
Tunjangan Orang Per Tahun
Nama Honorarium Rutin*) Santunan Total Remuneration Per
Tantiem Person per Year
Name Honararium Routine Benefits
Allowance > Rp2 miliar ≤ Rp2 miliar
> Rp2 billion ≤ Rp2 billion
Nobiru Adachi - - - - - -
Shigeyoshi Asano - - - - - -
Ahmad Fajar √ √ - - - √
Benny Luhur √ √ - - - √
Mahdi Mahmudy √ √ - - - √
Kwik Ing Hie √ √ - - - √

Total (dalam jutaan Rp) Rp2.770 Rp2.903 - - - -
*) Tunjangan Rutin meliputi: Fasilitas Kendaraan, Tunjangan BBM & Supir, Tunjangan Handphone,
Tunjangan Hari Raya (THR), Tunjangan Cuti, Tunjangan Pajak PPh 21
Routine Allowance covers: Vehicle Facilities, Fuel Support & Drivers, Mobile Benefits,
Holiday Allowances (THR), Leave Allowances, Income Tax Benefit 21
2.5 Direksi 2.5 Board of Directors

Direksi adalah Organ Bank yang bertanggung The Board of Directors is the Bank Organ
jawab penuh terhadap kegiatan operasional, responsible for the Bank’s operational activities,
pengembangan bisnis dan pengelolaan risiko business development and risk management in
Bank secara profesional dengan mengedepankan a professional manner by upholding prudential
prinsip kehati-hatian Bank (prudential banking banking principles in order to enhance shareholders
principle) untuk meningkatkan shareholders value, representing the Bank inside and outside
value, mewakili Bank baik di dalam maupun of the court of justice, in accordance with the
di luar pengadilan sesuai dengan ketentuan provisions of the Articles of Association, always
Anggaran Dasar serta senantiasa berpedoman guided by the prevailing laws and regulations
pada peraturan perundang-undangan dan issued by regulators such as the Financial Services
ketentuan yang berlaku, baik yang diterbitkan Authority (OJK), Bank Indonesia, the Indonesia
oleh Regulator perbankan seperti Otoritas Jasa Stock Exchange (IDX), the Deposit Insurance
Keuangan (OJK), Bank Indonesia, Bursa Efek Corporation (LPS) and/or other authorities. The
Indonesia (BEI), Lembaga Penjamin Simpanan Board of Directors is accountable to Shareholders
(LPS) dan/atau otoritas berwenang lainnya. in the GMS for their actions in leading the Bank.
Direksi mempertanggungjawabkan tindakan Shareholders/Capital Owners are not permitted
mereka dalam memimpin Bank kepada pemegang to interfere with the operations of the Bank which
Saham di dalam RUPS. Pemegang Saham/Pemilik is the responsibility of the Board of Directors in
Modal tidak diperkenankan mencampuri kegiatan accordance with the Bank’s Articles of Association
operasional Bank yang menjadi tanggung jawab and the prevailing laws and regulations.
Direksi sesuai dengan Anggaran Dasar Bank dan
Peraturan Perundang-undangan yang berlaku.
Dalam menjalankan kegiatan usaha Bank, Direksi In conducting the Bank’s business activities,
dapat menggunakan jasa penasehat profesional the Board of Directors may use independent
dan atau membentuk komite-komite sesuai professional advisory services and/or establish
dengan prosedur yang digunakan. committees in accordance with the procedures
used.
(1) Tugas dan Tanggung Jawab Direksi (1) Duties and Responsibilities of the Board of
Directors
Pada periode per 31 Desember 2018 jumlah As of December 31, 2018, member of the Board
anggota Direksi terdiri dari 6 (enam) orang yang of Directors consisted of 6 (six) persons,
di antara salah satunya sebagai Direktur Utama including President Director and 1 (one) person
dan 1 (satu) orang sebagai Direktur Kepatuhan, as Compliance Director, jointly carrying out the
yang secara bersama-sama melaksanakan tugas duties and responsibilities as follows:
dan tanggung jawab kepada Bank sebagai
berikut:

1. Direksi bertanggung jawab penuh dalam 1. The Board of Directors is fully responsible
melaksanakan tugasnya untuk kepentingan in performing their duties for the interest of
Perseroan dalam mencapai maksud dan the Company in achieving its objectives and
tujuannya; goals;
2. Direksi memiliki itikad baik dan sesuai 2. The Board of Directors shall have good faith
dengan kewenangan dan tanggung jawabnya and act in accordance with their authority
menjalankan tugas sebagaimana diatur and responsibility in performing their duties
dalam Anggaran Dasar Perseroan dengan as stipulated in the Company’s Articles of
mengindahkan peraturan perundang- Association in accordance with the prevailing
undangan yang berlaku; laws and regulations;
3. Direksi telah menjalankan prinsip-prinsip/asas 3. The Board of Directors is obligated to
Tata Kelola yang baik dalam setiap kegiatan implement the principles of Good Governance
usaha Bank pada seluruh tingkatan atau in every Bank’s business activities at all levels
jenjang organisasi; of the organization;
4. Direksi telah menindaklanjuti temuan 4. The Board of Directors is obligated to follow
audit dan rekomendasi dari Satuan Kerja up the audit findings and recommendations
Audit Intern (SKAI), auditor eksternal, hasil from the Internal Audit Unit (SKAI), external
pengawasan Otoritas Jasa Keuangan (OJK), auditors, the results of supervision by the
Bank Indonesia, dan/atau hasil pengawasan Financial Services Authority (OJK), Bank
otoritas lainnya; Indonesia and/or other authorities;
5. Dalam rangka melaksanakan prinsip-prinsip/ 5. In order to implement the principles of Good
asas Tata Kelola yang baik, Direksi telah Governance, the Board of Directors shall
membentuk komite di bawahnya seperti establish committees, such as ALCO, Risk
ALCO, Komite Manajemen Risiko, Komite Management Committee, Credit Committee,
Kredit, Komite Pengarah Teknologi Informasi, Information Technology Steering Committee,
Komite Human Capital, dan Komite Produk & Human Capital Committee, New Product
Aktivitas Baru; & Activity Committee, and Internal Control
6. Direksi mempertanggungjawabkan pelaksanaan Committee;
tugasnya kepada pemegang saham melalui 6. The Board of Directors is responsible for
RUPS Tahunan; carrying out its duties to shareholders through
7. Direksi telah mengungkapkan kepada pegawai the Annual GMS;
tentang kebijakan Bank yang bersifat strategis 7. The Board of Directors is obliged to disclose
di bidang kepegawaian; the Bank’s strategic employment policies to
8. Direksi menyediakan data dan informasi the employee;
yang akurat, relevan dan tepat waktu kepada 8. The Board of Directors shall provide accurate,
Dewan Komisaris, pemegang saham dan pihak relevant and timely data and information to
regulator; the Board of Commissioners, shareholders
9. Direksi memiliki pedoman dan tata tertib kerja and regulators;
yang bersifat mengikat bagi setiap anggota 9. The Board of Directors is obliged to have
Direksi, paling kurang mencantumkan binding guidelines and work rules for each
pengaturan etika kerja, waktu kerja dan member of the Board of Directors, at least
pengaturan rapat; stipulating the work ethic, working time and
10. Direksi telah menyusun rencana strategis meeting arrangements;
dalam bentuk rencana korporasi (corporate 10. The Board of Directors shall formulate a
plan) dan rencana bisnis (business plan). strategic plan in the form of corporate and
Penyampaian rencana korporasi dan business plan. Submission of corporate plan
penyusunan/penyampaian rencana bisnis and the preparation/submission of business
berpedoman pada ketentuan Otoritas Jasa plans shall be referred to the provisions of the
Keuangan (OJK); Financial Services Authority (FSA);
11. Direksi menyelenggarakan RUPS berdasarkan 11. The Board of Directors shall convene the
permintaan pemegang saham yang General Meeting of Shareholders upon request
mempunyai hak suara yang sah; by shareholders with valid voting rights;
12. Direksi membuat dan memelihara daftar 12. The Board of Directors is obliged to create and
Pemegang Saham dan Daftar khusus yang maintain a list of Shareholders and a Special
berisi Daftar Kepemilikan Saham yang dimiliki Register containing the Share Ownership
oleh Direksi dan Komisaris termasuk keluarga List owned by the Board of Directors and
mereka dalam Bank dan di perusahaan lain Commissioners including their families within
(bila ada); the Bank and in other companies (if any);

13. Menetapkan Visi, Misi dan Nilai-nilai Budaya 13. Establish the Bank’s Vision, Mission and Values
Kerja Bank; of Work;
14. Membuat rencana kerja dan anggaran tahunan 14. Create work plans and annual budgets
serta rencana lain yang berhubungan dengan and other plans related to the Bank’s
usaha Bank. Rencana tersebut disampaikan business. The plan shall be given to the
kepada Komisaris dan Pemegang Saham untuk Board of Commissioners and Shareholders
disahkan dalam RUPS dan dikomunikasikan for ratification in the GMS and shall be
kepada segenap pegawai Bank. communicated to all Bank employees.
Tugas dan tanggung jawab dari masing-masing The duties and responsibilities of each member of
anggota Direksi (sesuai job description dalam BOD (according to the job description in the Bank
Struktur Organisasi Bank), sebagai berikut: Organization Structure), as follows:
1) Direktur Utama (President Director) 1. President Director
1. Memimpin dan mengkoordinasikan 1. To lead and coordinate the implementation
pelaksanaan pengurusan Perseroan of the Company’s management as
sebagaimana ditetapkan dalam Anggaran stipulated in the Articles of Association
Dasar dan keputusan RUPS Perseroan and resolutions of the General Meeting of
dengan berdasarkan ketentuan yang Shareholders of the Company based on
berlaku. applicable regulations.
2. Memimpin, mengkoordinasikan, 2. To lead, coordinate, direct and supervise
mengarahkan dan mensupervisi the Directorates and Divisions in their
Direktorat-Direktorat dan Divisi-Divisi respective fields under direct supervision
di bawah supervisi langsung President from the President Director in order
Director sesuai bidangnya masing-masing to achieve the Company’s objectives,
dalam mencapai tujuan Perseroan, including ensuring the implementation
termasuk memastikan dilaksanakannya of the Bank’s business plan and the
rencana strategis (Rencana Bisnis Bank) achievement of its performance targets,
dan pencapaian target kinerjanya, compliance to rules, legislation and
pelaksanaan kepatuhan pada regulasi, internal regulations of the Company.
peraturan perundangan-undangan, dan
ketentuan internal Perseroan.
3. Mengarahkan proses-proses perubahan 3. Directing change processes deemed
yang diperlukan di seluruh bidang untuk necessary across the field to achieve the
mencapai tujuan dan kelangsungan usaha objectives and business viability of the
Perseroan. Company.
4. Mengembangkan dan memperkuat image 4. Develop and strengthen the image of
Perseroan dan membangun relationship the Company and build relationships
dengan bank-bank koresponden, lembaga with correspondent banks, financial
keuangan, nasabah, institusi-institusi institutions, clients, business institutions,
bisnis, otoritas keuangan, dan seluruh financial authorities and all stakeholders
stakeholder Perseroan. of the Company.
5. Mengambil tindakan untuk dan atas nama 5. To take action for and on behalf of the
Direksi serta mewakili Perseroan, dan Board of Directors and to represent the
untuk perbuatan tertentu atas tanggung Company, and for certain acts of its own
jawabnya sendiri, untuk mengangkat responsibility, to appoint one or more as
seorang atau lebih sebagai wakil atau representative or proxy, by granting them
kuasanya, dengan memberikan kepadanya power for certain acts as governed by the
atau kepada mereka kekuasaan untuk power of attorney.
perbuatan tertentu tersebut yang diatur
dalam surat kuasa.
6. Memimpin dan mengkoordinasikan 6. To lead and coordinate the implementation
pelaksanaan kegiatan Direktur-Direktur of the activities of the Directors in
Bidang (Direktorat-Direktorat) dalam directing and fostering the distribution
mengarahkan dan membina jaringan network (Regional and Branch Offices)
distribusi (Branch) dalam pencapaian in achieving the Company’s performance
target kinerja Perseroan. targets.

7. Memastikan pengembangan dan 7. Ensure the development and

penerapan strategi Perseroan yang implementation of an adequate strategy
memadai di seluruh bidang kerja sesuai in all areas of work in accordance with
dengan tujuan Perseroan, dan memastikan the objectives of the Company, and to
tercapainya aliansi lintas bidang Direktorat ensure the achievement of cross-sectoral
dan pemanfaatan seluruh sumber daya alliances of Directorate and utilization of
Perseroan. all Company’s resources.
8. Memimpin, mengarahkan penyusunan 8. Lead and direct the preparation and
dan melakukan supervisi pelaksanaan supervise the implementation of work
rencana kerja pada bidang langsung di plans in sectors directly under the
bawah President Director (Internal Audit, President Director (Internal Audit,
Corporate Secretary, dan President Office Corporate Secretary, and President Office
& Japan Linkage). & Japan Linkage).
9. Melaksanakan supervisi dan koordinasi 9. To supervise and coordinate the
Direktorat-Direktorat dalam menerapkan Directorates in implementing the
pembinaan dan pengembangan sumber development of the Company’s resources
daya Perseroan dan memastikan and to ensure efficient implementation of
penerapan pengembangan pegawai effective competence-based employee
berbasis kompetensi, sistem manajemen development, performance management
kinerja dan manajemen berbasis nilai system and value based management.
(performance management system dan
value based management) yang efektif.
10. Memimpin dan mengarahkan 10. To lead and direct the Directorates
Direktorat-Direktorat dalam kebijakan regarding the policy and Human
pengembangan dan pembinaan Sumber Resources
Daya Manusia (SDM).
11. Sebagai Ketua BCC (Business Command 11. As Head of BCC (Business Command
Center) Center)
a. Menetapkan Bank dalam kondisi a. Determine that the Bank is in a
krisis likuiditas dan mengaktifkan liquidity crisis and activate the
fungsi BCC serta menyusun strategi function of BCC and develop an
penanganan yang segera, sistimatis, immediate, systematic, pragmatic and
pragmatis dan terintegrasi. integrated management strategy.
b. Memutuskan strategi penanggulangan b. Decide the strategy to overcome the
kesulitan atau krisis likuiditas, antara adversity or liquidity crisis, among
lain menetapkan metode, jumlah others by determining the method,
dan pricing atas pendanaan yang amount and pricing of the required
diperlukan, serta hal-hal terkait funding, as well as other related
lainnya. matters.
c. Memastikan kemungkinan bantuan c. Ensure any possible assistance that
yang dapat diperoleh dari Bank can be obtained from Bank Indonesia.
Indonesia.
d. Menugaskan Direktur dan atau Kepala d. Assigns the Director and/or the Head
divisi tertentu untuk menjalankan of a particular division to perform
tugas sebagai upaya pencegahan dan the duties as an effort to prevent and
penanggulangan kondisi krisis atau overcome the conditions of crisis or
kesulitan likuiditas. liquidity difficulties.
e. Menetapkan Bank telah kembali e. Determine that the Bank has returned
berada dalam kondisi normal, dan to normal condition.
team BCC.

2) Direktur Risiko, Hukum & Kepatuhan (Risk, 2. Risk, Legal & Compliance Director
Legal & Compliance Director)
1. Kebijakan dan Strategi 1. Policy and Strategy
a. Memastikan pengembangan dan a. Ensure the development and
penerapan strategi yang memadai implementation of appropriate
dalam bidang Risk, Legal & Compliance strategies in the areas of Risk, Legal,
sesuai dengan tujuan Perseroan dan & Compliance in accordance with the
memanfaatkan seluruh sumber daya objectives of the Company and utilize
Perseroan. all of the Company’s resources.
b. Memimpin dan mengarahkan b. To lead and direct the preparation and

penyusunan dan penerapan kebijakan implementation of policies in all areas
pada seluruh bidang di bawah under the Directorate of Risk Legal, &
Direktorat Risk, Legal, & Compliance Compliance in accordance with the
sesuai dengan rencana dan tujuan Company’s plans and objectives.
Perseroan.
c. Memimpin, mengarahkan penyusunan c. To lead, direct the preparation and
dan melakukan supervisi pelaksanaan supervision of the implementation
rencana kerja Direktorat Risk, Legal, of the work plan of the Risk, Legal,
& Compliance dan seluruh bidang & Compliance Directorate and all
di bawahnya dalam mendukung sectors under his control in order to
pelaksanaan fungsi, tugas dan support the implementation of the
tanggung jawab Direktur Utama dan functions, duties and responsibilities
Direktorat-Direktorat bisnis, dengan of the President Director and the
menjaga standar kepatuhan, good Business Directorates, by maintaining
corporate governance, meminimalkan compliance standards, good
risiko-risiko terkait hukum, kebijakan corporate governance, minimizing
risiko operasional dan tersedianya legal risks, operational risk policies
sumber daya manusia yang kompeten and the availability of competent and
dan produktif. productive human resources.
d. Melaksanakan pembinaan dan d. Carry out the development of the
pengembangan sumber daya Company’s resources in all work units
Perseroan di seluruh unit kerja di bawah under the Risk, Legal, & Compliance
Direktorat Risk, Legal, & Compliance, Directorate, and ensure an effective
dan memastikan penerapan implementation of competency-
pengembangan pegawai berbasis based employee development,
kompetensi, sistem manajemen performance management system
kinerja dan manajemen berbasis nilai and value based management.
(performance management system
dan value based management) yang
efektif.
2. Kegiatan Operasional 2. Operational Activities
a. Memimpin, mengarahkan, dan a. To lead, direct, coordinate and
melaksanakan koordinasi serta supervise the implementation of
supervisi penerapan kebijakan policies and strategies related to the
dan strategi yang berhubungan activities of Risk, Legal, & Compliance
dengan kegiatan bidang Risk, Legal, fields to support the Business
& Compliance untuk mendukung Directorates to generate benefits
Direktorat-Direktorat bisnis for the Company, and to ensure the
menghasilkan benefit bagi Perseroan, Company maintaining compliance
dan memastikan Perseroan tetap with all applicable rules, regulations,
menjaga kepatuhan dan memenuhi and law, strong legal standing, and
seluruh peraturan, regulasi, dan the provision of adequate human
undang-undang yang berlaku, resources and the implementation of
kedudukan hukum yang kuat, dan risk policies.
penyediaan sumber daya manusia
yang memadai serta pelaksanaan
kebijakan risiko.

b. Memimpin dan mengarahkan proses- b. To lead and direct the necessary

proses perubahan yang diperlukan, change processes, and to ensure that
serta memastikan seluruh kegiatan all Risk, Legal, & Compliance field
bidang Risk, Legal, & Compliance activities implement and comply with
mengimplementasikan dan memenuhi the latest principles, regulations, laws
kaidah-kaidah, regulasi, peraturan and best practice standards, including
perundang-undangan, dan standar the internal requirements of the
best practice terkini, termasuk Company.
ketentuan internal Perseroan.
c. Memimpin dan mengarahkan c. To lead and direct the development
pengembangan dan penerapan and implementation of policies for
kebijakan sistem perekrutan, recruitment, placement, rotation and
penempatan, rotasi dan staff development systems.
pengembangan pegawai.
d. Memastikan ketersediaan manajemen d. Ensure the availability of adequate
human capital yang memadai (antara human capital management (including
lain standar jabatan, kalibrasi job standard position, job grading
grading, sistem remunerasi dan calibration, remuneration system and
kompensasi) dan menerapkan standar compensation) and applying best
best practice yang sesuai dengan practice standards in accordance with
kondisi Perseroan. the conditions of the Company.
e. Communication Function e. Communication Function
• Merumuskan materi komunikasi • Formulate relevant
yang relevan yang harus communication materials that
disampaikan kepada pihak-pihak must be communicated to internal
internal dan eksternal, termasuk and external parties, including
timing, modus komunikasi dan timings, communication modes
dampak yang diharapkan. and expected results.
• Melaksanakan rencana komunikasi • Implement a well-prepared
yang telah dipersiapkan secara communication plan to internal
matang kepada pihak internal and external parties. Where
dan eksternal. Dimana pihak the internal party consists of
internal terdiri dari manajemen management and employees,
dan pegawai, sedangkan pihak while the external party consists
eksternal terdiri dari regulator of regulators (financial services
(otoritas jasa keuangan), authorities), interbank and mass
antarbank dan media massa. media.
• Menentukan alur komunikasi • Determine the flow of internal and
internal dan eksternal, dimana alur external communications, where
komunikasi kepada pihak internal the flow of communication to
maupun eksternal akan dilakukan internal and external parties will
oleh Corporate Secretary Division. be conducted by the Corporate
Secretary Division.
• Melakukan kajian atas informasi • Reviewing public information and
dan opini publik yang dapat opinion that may adversely affect
berdampak negatif terhadap the Bank’s liquidity condition.
kondisi likuiditas Bank.
• Melaksanakan tindakan-tindakan • Implement actions that have been
yang telah diputuskan oleh Ketua decided by the Chairman of BCC
BCC maupun ketua Team Support. and the Supporting Team.
• Melaksanakan tugas-tugas lain • Carries out other duties granted
yang diberikan oleh Direktur by the President Director &
Utama & Pemegang Saham Shareholders of the Company, as
Perseroan, sepanjang tidak long as they are not contradictory
bertentangan dengan Anggaran to the Articles of Association,
Dasar, ketentuan internal, regulasi internal regulations, regulations
dan undang-undang yang berlaku. and applicable laws.

3. Sumber Daya Manusia 3. Human Resources
Memimpin, mengkoordinasikan dan To lead, coordinate and direct the policies
mengarahkan kebijakan dan pembinaan and development of Human Resources
Sumber Daya Manusia (SDM) di bawah under the coordination and supervision
koordinasi dan supervisi Direktorat Risk, of the Directorate of Risk, Legal, &
Legal, & Compliance serta Direktorat- Compliance as well as other Directorates,
Direktorat lainnya, termasuk mengusulkan including proposing and taking part (as a
dan mengambil bagian (sebagai anggota member of the Human Capital Committee
Human Capital Committee dan Board of and Board of Directors) in decisions
Directors) dalam keputusan dan kebijakan and policies of recruitment, promotion,
rekruitmen, promosi, demosi, rotasi, demotion, rotation, coaching and training.
pembinaan dan pelatihan.
3) Direktur Bisnis Risk & Operasi (Business Risk 3) Business Risk & Operation Director
& Operation Director)
a. Memimpin pengembangan inisiatif a. To lead the development of new
baru untuk produk-produk dan jasa initiatives for banking products and
perbankan yang belum ada di bank services that do not yet exist in banks
baik di bidang lending, funding in the areas of lending, funding and
maupun transactional based business transactional based business (Cards,
(Cards, Fee Based Income), sesuai Fee Based Income), in accordance
dengan tujuan Perseroan dalam with the objectives of the Company
rangka mencapai tujuan pemenuhan in order to achieve the objectives of
bisnis seperti yang digariskan di business fulfillment as outlined in the
Rencana Bisnis Bank. Bank’s Business Plan.
b. Mengembangkan Bisnis Treasury & b. Developing the Treasury &
International melalui aliansi strategik International Business through
dengan pihak lain dengan tujuan untuk strategic alliances with other parties
pengembangan bisnis perseroan with the aim of developing the
khususnya yang berkaitan dengan business of the Company, especially
pengembangan pendapatan bunga those related to the development
kredit,fee based income/pendapatan of interest-based income, fee based
di luar bunga kredit dalam rangka income in the framework of achieving
mencapai tujuan pemenuhan bisnis the Company’s business fulfillment
perseroan. objectives.
c. Memformulasikan serta c. Formulating and implementing
mengimplementasikan strategi pada strategies in the field of Business
bidang Business yang diharapkan is expected to be one of the main
bisa menjadi salah satu mesin utama engines of future business growth of
pertumbuhan bisnis masa depan the Company, especially in the field of
perseroan, khususnya di bidang credit.
perkreditan.
d. Menginisiasikan Japan Business d. Initiate Japan Business with the aim
dengan tujuan menjalin aliansi dan of forging alliances and exploring the
menggali potensi bisnis yang terkait business potential associated with
dengan perusahaan-perusahaan Japanese companies in Indonesia and
Jepang yang ada di Indonesia dan its business network.
jaringan bisnisnya.
e. Memimpin, mengarahkan penyusunan e. To lead, direct the preparation and
dan melakukan supervisi pelaksanaan supervision of the implementation of
rencana kerja Direktorat Bisnis serta the Business Directorate work plan,
bidang di bawahnya. and the sectors under its control
(Business Development, Micro &
Retail, Corporate Business and
Treasury).

f. Memimpin, mengarahkan dan f. To lead, direct and supervise the

melaksanakan supervisi pelaksanaan implementation of the work plan
rencana kerja dan target-target and shared targets related to other
bersama yang terkait Direktorat Directorates for the interests and
lainnya untuk kepentingan dan tujuan objectives of the Company in utilizing
Perseroan dalam memanfaatkan the competence of the Business Risk
kompetensi sumber daya Direktorat & Operation Directorate’s resources.
Bisnis Risk & Operation.
g. Melaksanakan pembinaan dan g. Carry out the development of the
Perseroan di seluruh unit kerja di under the Business Risk & Operation
bawah Direktorat Bisnis Risk & Directorate and to ensure an efficient
Operation dan memastikan penerapan and effective implementation
pengembangan pegawai berbasis of competency-based human
kompetensi, sistem manajemen resource development, performance
kinerja dan manajemen berbasis nilai, management system, and value based
yang efektif dan efisien. management.

a. Memimpin, melaksanakan koordinasi a. To lead, coordinate and supervise
dan supervisi penerapan kebijakan dan the implementation of policies and
strategi yang berhubungan dengan strategies related to the operational
kegiatan operasional Direktorat Bisnis activities of the Directorate of
Risk & Operation dan bidang-bidang Business Risk & Operation and the
di bawahnya. areas under it.
b. Memimpin, mengarahkan dan b. To lead, direct and coordinate the
mengkoordinasikan pelaksanaan implementation of the functions,
fungsi, tugas dan tanggung jawab duties and responsibilities of all
seluruh bidang di bawah Direktorat fields under the Business Directorate
dalam mendukung fungsi, tugas, (Business Development, Micro & Retail,
tanggung jawab Direktur Bisnis Risk & Corporate Business and Treasury)
Operation, dan memastikan Perseroan in supporting the functions, duties,
mencapai standar best practices responsibilities of the Business Risk
layanan yang berkualitas. & Operation Director, and ensuring
the Company achieves best practices
standards quality.
c. Memimpin dan mengarahkan proses- c. To lead and direct the necessary
proses perubahan yang diperlukan, change processes, and to ensure that
serta memastikan seluruh kegiatan all operational activities of the field
operasional bidang di bawah under the Directorate of Business Risk
Direktorat Bisnis Risk & Operation & Operation implement all strategic
mengimplementasikan seluruh plans that are appropriately and right
rencana strategis yang ditetapkan on target.
secara tepat guna dan tepat sasaran.
d. Melaksanakan supervisi dan d. Carry out supervision and ensure
memastikan seluruh unit di bawah all units under the Business Risk &
Direktorat Bisnis Risk & Operation Operation Directorate complying
mematuhi ketentuan regulasi, with the Company’s regulatory
kebijakan dan ketentuan internal requirements, internal policies and
Perseroan. regulations.
e. Memimpin, mengarahkan dan e. To lead, directing and executing
melaksanakan pengelolaan hubungan customer relationship management
nasabah khususnya di Business especially in Business Development,
Development yang terkait dengan Micro & Retail, Corporate Business
cakupan tugas dan tanggung jawab and Treasury related to the scope
Direktorat Bisnis Risk & Operation dan of duties and responsibilities of the
unit kerja di bawahnya. Business Risk & Operation Directorate
and its subordinate work units.

f. Melaksanakan tugas-tugas lain f. Carries out other duties granted by
yang diberikan oleh Direktur Utama, the President Director, the Board of
Dewan Komisaris serta Pemegang Commissioners and the Shareholders
Saham Perseroan, sepanjang tidak of the Company, as long as they are
bertentangan dengan Anggaran not contradictory to the Articles of
Dasar, ketentuan internal, regulasi dan Association, the internal regulations,
peraturan perundang-undangan yang regulations and prevailing laws and
berlaku. regulations.

Memimpin dan mengarahkan kebijakan Leading and directing human resource
dan pembinaan Sumber Daya Manusia policies and development under the
(SDM) di bawah koordinasi dan coordination and supervision of the
supervisi Direktorat (sebagai anggota Directorate (as a member of the Human
Human Capital Committee dan Board Capital Committee and Board of Directors)
of Directors) dalam keputusan dan in decisions and policies on recruitment,
kebijakan perekrutan, promosi, demosi, promotion, demotion, rotation, coaching
rotasi, pembinaan dan pelatihan dengan and training, in coordination with the
koordinasi Managing Director Risk, Legal Managing Director of Risk, Legal &
& Compliance yang membidangi Human Compliance who is in charge of Human
Capital. Capital.
4) Direktur Finance, Planning & Information 4) Director of Finance, Planning & Information
1. Kebijakan dan Strategi Finance, Planning 1. Policy and Strategy for Finance, Planning
& Information Technology & Information Technology
a. Memimpin, mengarahkan, dan a. To lead, direct, and coordinate as
melaksanakan koordinasi serta well as supervise the implementation
supervisi penerapan kebijakan yang of policies relating to Planning &
berhubungan dengan kegiatan Information Technology activities
Planning & Information Technology to support business directorates
untuk mendukung Direktorat- generate benefits for the Company
Direktorat bisnis menghasilkan through adequate planning,
benefit bagi Perseroan melalui performance management systems,
perencanaan, sistem manajemen financial controls and operational
kinerja, pengendalian keuangan dan systems.
sistem operasional yang memadai.
b. Memimpin dan mengarahkan b. To Lead and direct the necessary
proses-proses perubahan yang change processes, as well as ensure
diperlukan, serta memastikan that field activities under the
kegiatan bidang di bawah Direktorat Directorate of Planning & Information
Planning & Information Technology Technology implement the latest best
mengimplementasikan standar practice standards in line with the
best practice terkini sesuai dengan maximum capability of the Company’s
kemampuan maksimum sumberdaya resources.
Perseroan.
c. Melaksanakan supervisi dan c. Carry out supervision and ensure all
memastikan seluruh unit kerja work units under the Directorate of
di bawah Direktorat Planning & Planning & Information Technology
Information Technology mematuhi comply with the regulations, policies
ketentuan regulasi, kebijakan dan and internal regulations of the
ketentuan internal Perseroan. Company.
d. Melaksanakan tugas-tugas lain d. Carry out other tasks given by the
yang diberikan oleh Direktur Utama President Director and Shareholders
dan Pemegang Saham Perseroan, of the Company, insofar as they
sepanjang tidak bertentangan dengan do not conflict with the Articles of
Anggaran Dasar, ketentuan internal, Association, internal regulations,
regulasi dan undang-undang yang applicable laws and regulations.
berlaku.

2. Kebijakan dan Strategi Information 2. Policy and Strategy of Information

a. Memastikan pengembangan dan a. Ensure the development and
penerapan strategi pemanfaatan implementation of appropriate
teknologi informasi yang memadai information technology in line with
sesuai dengan tujuan dan the objectives and utilize them for the
memanfaatkannya dalam operasional operations of the Company.
Perseroan.
b. Memimpin dan mengarahkan b. To lead and direct the preparation and
penyusunan dan penerapan kebijakan implementation of policies in all fields
pada seluruh bidang di bawah under the Directorate of Planning &
Direktorat Planning & Information Information Technology in accordance
Technology sesuai dengan rencana with the plans and objectives of the
dan tujuan Perseroan. Company.
c. Memimpin, mengarahkan penyusunan c. To lead, to direct the preparation and
dan melakukan supervisi pelaksanaan supervision of the implementation
rencana kerja Planning & Information of the Information Technology &
Technology dan seluruh bidang Operation work plan and all the fields
di bawahnya dalam mendukung under its supervision in support of
pelaksanaan fungsi, tugas dan the implementation of the functions,
tanggung jawab Direktur Utama dan duties and responsibilities of the
Direktorat-Direktorat bisnis. President Director and the Business
Directorates.
d. Melaksanakan pembinaan dan d. Carry out the development of the
Perseroan di seluruh unit kerja under the Directorate of Planning &
di bawah Direktorat Planning Information Technology, and ensure
& Information Technology, effective the implementation of
dan memastikan penerapan competency-based HR development,
pengembangan pegawai berbasis performance management system
kompetensi, sistem manajemen and value based management.
kinerja dan manajemen berbasis nilai
(performance management system
dan value based management) yang
efektif.
5) Direktur Treasury & Pendanaan (Treasury & 5. Treasury & Funding Director
Funding Director) a. Implement the strategy established by
a. Melaksanakan strategi yang telah the Board of Directors through the Bank
ditetapkan Direksi melalui Rencana Bisnis Business Plan (RBB).
Bank (RBB).
b. Berkoordinasi dengan Direksi mengenai b. Coordinate with the Board of Directors
pengembangan dan pelaksanaan di regarding the development and
bidang Treasury & Capital Market, Financial implementation of Treasury & Capital
Institution, Cash & Financial Technology, Market, Financial Institution, Cash
Funding & Distribution Management. & Financial Technology, Funding &
Distribution Management.
c. Memastikan pengembangan dan c. Ensure the development and
penerapan strategi treasury management, implementation of treasury management
treasury related trading, marketing dan strategy, treasury related trading,
sales treasury transactional product dan marketing and sales of treasury
institutional relationship/correspondent transactional product and institutional
yang memadai sesuai dengan tujuan relationship/correspondent in accordance
Perseroan dan memanfaatkan seluruh with the objectives of the Company and
sumber daya Perseroan. utilize all of the Company’s resources.

d. Memimpin dan mengarahkan penyusunan d. To lead and direct the preparation and
dan penerapan kebijakan pada seluruh implementation of policies in all fields
bidang di bawah Direktorat Treasury under the Treasury & & Capital Market,
& Capital Market, Financial Institution, Financial Institution, Cash & Financial
Cash & Financial Technology, Funding & Technology, Funding & Distribution
Distribution Management. Management.
e. Memimpin, mengarahkan penyusunan e. To lead, to direct the preparation and
dan melakukan supervisi pelaksanaan supervision of the implementation of the
rencana kerja Direktorat Treasury dan work plan of the Treasury Directorate
seluruh bidang di bawahnya Treasury and all the fields under Treasury,&
& Capital Market, Financial Institution, Capital Market, Financial Institution,
Cash & Financial Technology, Funding Cash & Financial Technology, Funding
& Distribution Management dan & Distribution Management and other
transaksional lainnya, pencapaian bisnis transactional, business achievement
dari Regional Offices dalam mendukung from Regional Offices in supporting
pelaksanaan fungsi, tugas dan tanggung implementation functions, duties and
jawab Direktur Utama. responsibilities of the President Director.
f. Memimpin, mengarahkan dan f. To lead, direct and supervise the
melaksanakan supervisi pelaksanaan implementation of the work plan and
rencana kerja dan target-target bersama shared targets of other Directorates
yang terkait Direktorat lainnya untuk for the interest and objectives of the
kepentingan dan tujuan Perseroan Company in utilizing the entire distribution
dalam memanfaatkan seluruh jaringan network under Directorate of Treasury
distribusi di bawah Direktorat Treasury & Capital Market, Financial Institution,
& Capital Market, Financial Institution, Cash & Financial Technology, Funding
Cash & Financial Technology, Funding & Distribution Management, especially
& Distribution Management khususnya business development and derivatives.
pengembangan bisnis dan turunannya.
g. Melaksanakan pembinaan dan g. Carry out the development of the
pengembangan sumber daya Perseroan Company’s resources in all work units
di seluruh unit kerja di bawah Direktorat under Directorate of Treasury & Capital
Treasury & Capital Market, Financial Market, Financial Institution, Cash
Institution, Cash & Financial Technology, & Financial Technology, Funding &
Funding & Distribution Management dan Distribution Management, and ensure the
memastikan penerapan pengembangan effective implementation of competency-
pegawai berbasis kompetensi, sistem based employee development,
manajemen kinerja dan manajemen performance management system and
berbasis nilai (performance management value-based effective management.
system dan value based management
yang efektif).
h. Memimpin, melaksanakan koordinasi dan h. To lead, coordinate and supervise the
supervisi penerapan kebijakan dan strategi implementation of policies and strategies
yang berhubungan dengan kegiatan related to the operational activities of
operasionalTreasury & Capital Market, Treasury & Capital Market, Financial
Financial Institution, Cash & Financial Institution, Cash & Financial Technology,
Technology, Funding & Distribution Funding & Distribution Management.
Management.
i. Memimpin, mengarahkan dan i. To lead, direct and coordinate and
melaksanakan koordinasi dan supervisi supervise the marketing and sales
fungsi marketing dan sales seluruh produk functions of all Bank products (funding,
Bank (pendanaan, perkreditan, dan credit and transactional) and the
transaksional) dan pelaksanaan aliansi implementation of internal strategic
strategis internal yang menghasilkan alliances that generate optimum benefits
benefit optimum bagi Perseroan. for the Company.

j. Mengarahkan dan mengkoordinasikan j. To direct and coordinate the

pelaksanaan fungsi, tugas dan tanggung implementation of functions, duties
jawab Treasury & Capital Market, Financial and responsibilities of Treasury &
Institution, Cash & Financial Technology, Capital Market, Financial Institution,
Funding & Distribution Management Cash & Financial Technology, Funding &
dalam meningkatkan daya saing di bidang Distribution Management, in enhancing
pendanaan (produk, marketing dan sales) the competitiveness in the field of
dan kualitas layanan seluruh jaringan financing (product, marketing and sales)
distribusi. and the quality of services throughout the
distribution network.
k. Memimpin dan mengarahkan proses- k. To lead and directing the necessary
proses perubahan yang diperlukan, change processes, as well as ensuring
serta memastikan seluruh kegiatan all operational activities of the fields
operasional bidang di bawah Direktorat under the Directorate of Treasury &
Treasury & Capital Market, Financial Capital Market, Financial Institution,
Institution, Cash & Financial Technology, Cash & Financial Technology, Funding &
Funding & Distribution Management Distribution Management, implement all
mengimplementasikan seluruh rencana the defined strategic plans.
strategis yang ditetapkan.
l. Melaksanakan supervisi dan memastikan l. Carry out supervision and ensure that all
seluruh unit di bawah Direktorat Treasury units under the Directorate of Treasury
& Capital Market, Financial Institution, & Capital Market, Financial Institution,
Cash & Financial Technology, Funding Cash & Financial Technology, Funding &
& Distribution Management mematuhi Distribution Management, comply with
ketentuan regulasi, kebijakan dan the regulations, policies and internal
ketentuan internal Perseroan. regulations of the Company.
m. Memimpin, mengarahkan dan m. To lead, direct and manage customer
melaksanakan pengelolaan hubungan relationships related to the scope of
nasabah yang terkait dengan cakupan duties and responsibilities of Directorate
tugas dan tanggung jawab Direktorat of Treasury & Capital Market, Financial
Treasury & Capital Market, Financial Institution, Cash & Financial Technology,
Institution, Cash & Financial Technology, Funding & Distribution Management,and
Funding & Distribution Management dan subordinate units).
unit-unit kerja di bawahnya.
n Sebagai Wakil Ketua BCC (Business n. Vice Chairman of BCC (Business
Command Center) Command Center)
• Melaksanakan fungsi sebagai Ketua • Carry out the functions as Chairman
apabila Ketua BCC berhalangan. in case the Chairman of BCC is
unavailable.
• Menetapkan Bank dalam kondisi • Declare the Bank is under liquidity
krisis likuiditas dan mengaktifkan crisis and activate the function of
fungsi BCC serta menyusun strategi BCC and develop an immediate,
penanganan yang segera, sistimatis, systematic, pragmatic and integrated
pragmatis dan terintegrasi. management strategy.
• Memastikan kemungkinan bantuan • Ensure the possibility to gain
yang dapat diperoleh dari Bank assistance from Bank Indonesia.
Indonesia.
• Menugaskan Direktur dan atau Kepala • Assign the Director and/or Head of
divisi tertentu untuk menjalankan a particular division to carry out the
tugas sebagai upaya pencegahan dan tasks as an effort to prevent and
penanggulangan kondisi krisis atau overcome the conditions of crisis or
kesulitan likuiditas. liquidity difficulties.
• Melaporkan hasil pelaksanaan • Reporting the results of
strategi penanggulangan yang telah implementation of the mitigation
ditetapkan dalam menghadapi krisis strategy that has been set in coping
atau kesulitan likuiditas kepada ketua with the crisis or liquidity difficulties
BCC. to the BCC chairman.

o. Melaksanakan tugas-tugas lain yang o. Carry out other duties given by the
diberikan oleh Direktur Utama & President Director & Shareholders of the
Pemegang Saham Perseroan, sepanjang Company, to the extent not contradict
tidak bertentangan dengan Anggaran the Articles of Association, internal
Dasar, ketentuan internal, regulasi dan regulations, regulations and applicable
undang-undang yang berlaku. laws.
Sumber Daya Manusia Human Resources

Merekomendasikan mengenai kebijakan To lead and direct Human Resources policies
dan pembinaan Sumber Daya Manusia and development under the coordination and
(SDM) di bawah koordinasi dan supervisi supervision of the Directorate of Treasury &
Direktorat Treasury & Capital Market, Financial Capital Market, Financial Institution, Cash &
Institution, Cash & Financial Technology, Financial Technology, Funding & Distribution
Funding & Distribution Management termasuk Management in making decision and policy of
mengusulkan kebijakan rekruitmen, promosi, recruitment, promotion, demotion, rotation,
demosi, rotasi, pembinaan dan pelatihan, coaching and training, with the coordination
dengan koordinasi Managing Director of Managing Director of Compliance & Legal
Compliance & Legal yang membidangi Human in Human Capital.
Capital Division.
6) Direktur Asset Management 6) Director of Asset Management

a. Memastikan pengembangan dan a. Ensure the Company’s development,
penerapan strategi dalam bidang planning and implementation of
Asset Management, sesuai dengan the Company’s strategy, in Asset
tujuan Perseroan dan memanfaatkan Management in accordance with the
seluruh sumber daya Perseroan. objectives of the Company and utilize
all of the Company’s resources.
b. Memimpin dan mengarahkan b. To lead and direct the preparation
penyusunan dan penerapan kebijakan and implementation of policies in
pada bidang di bawah Direktorat all areas under Directorate of Asset
Asset Management. Management
c. Memimpin, mengarahkan penyusunan c. To lead, direct the preparation
dan melakukan supervisi pelaksanaan and conduct supervision on the
rencana kerja Direktorat Asset implementation of the work plan
Management khususnya dibidang of Asset Management, especially
pengembangan kredit dan credit development and transactional
transactional business. business.
d. Memimpin, mengarahkan dan d. To lead and directing the necessary
melaksanakan supervisi pelaksanaan change processes, and ensuring the
rencana kerja dan target-target field activities under the Directorate
bersama yang terkait Direktorat of Finance implements the latest
lainnya untuk kepentingan dan tujuan best practice standards in line with
Perseroan dalam memanfaatkan the Company’s maximum resource
kompetensi sumber daya Direktorat capabilities.
Asset Management.
e. Melaksanakan pembinaan dan e. Carry out the development of the
pengembangan sumberdaya Perseroan Company’s resources in all work
di seluruh unit kerja di bawah Direktorat units under Directorate of Asset
Asset Management dan memastikan Management and ensure the effective
penerapan pengembangan pegawai implementation of competency-based
berbasis kompetensi, sistem manajemen employee development, performance
kinerja dan manajemen berbasis nilai management system and value-based
(performance management system dan effective management.
value based management) yang efektif.


a. Memimpin, melaksanakan koordinasi a. To lead, direct, and coordinate and
dan supervisi penerapan kebijakan supervise the implementation of
dan strategi yang berhubungan policies related to Asset Management
dengan kegiatan dibidang Asset
Management operasional dan bidang-
bidang di bawahnya.
b. Memimpin, mengarahkan dan b. To lead and directing the necessary
mengkoordinasikan pelaksanaan change processes, and ensuring the
fungsi, tugas dan tanggung jawab field activities under the Directorate
seluruh bidang di bawah Direktorat of Asset Management in supporting
Asset Management dalam mendukung the functions, duties, responsibilities
fungsi, tugas, tanggung jawab of the President Director, and ensuring
Direktur Utama, dan memastikan that the Company reaches service
Perseroan mencapai standar best best practice standards.
practice layanan.
c. Memimpin dan mengarahkan proses- c. To Lead and direct the necessary
proses perubahan yang diperlukan, change processes, and ensuring
serta memastikan seluruh kegiatan all operational activities under the
operasional bidang di bawah Directorate of Asset Management
Direktorat Asset Management implement all the strategic plans that
mengimplementasikan seluruh have been set.
rencana strategis yang ditetapkan.
d. Melaksanakan supervisi dan d. Supervise and ensure all units under
memastikan seluruh unit the Asset Management Directorate
di bawah Direktorat Asset comply with the Company’s
Managementmematuhi ketentuan regulations, policies and internal
regulasi, kebijakan dan ketentuan provisions.
internal Perseroan.
e. Memimpin, mengarahkan dan e. To lead, direct and implement
melaksanakan pengelolaan hubungan management of internal relations, with
dengan internal, dengan cakupan the scope of duties and responsibilities
tugas dan tanggung jawab Direktorat of the Asset Management Directorate
Asset Management dan unit kerja di and the work units below.
bawahnya.
f. Melaksanakan tugas-tugas lain f. Carry out other tasks given by the
yang diberikan oleh Direktur Utama President Director & Shareholders
& Pemegang Saham Perseroan, of the Company, insofar as they
sepanjang tidak bertentangan dengan do not conflict with the Articles of
Anggaran Dasar, ketentuan internal, Association, internal regulations,
regulasi dan undang-undang yang applicable regulations and laws..
berlaku.
Memimpin dan mengarahkan kebijakan To lead and direct the policies and guidance of
dan pembinaan Sumber Daya Manusia Human Resources (HR) under the coordination
(SDM) di bawah koordinasi dan supervisi and supervision of the Directorate in providing
Direktorat dalam memberikan masukan input in recruitment, promotion, demotion,
dalam kebijakan perekrutan, promosi, rotation, coaching and training policies, with
demosi, rotasi, pembinaan dan pelatihan, the coordination of the Managing Director of
dengan koordinasi Managing Director Risk, Risk, Legal & Compliance in charge of Human
Legal & Compliance yang membidangi Capital.
Human Capital.
(2) Piagam Direksi (BOD Charter) (2) Charter of the Board of Directors (BOD Charter)
Piagam Direksi (BOD Charter) dituangkan The Board of Directors Charter (BOD Charter) is
dalam bentuk ”Pedoman Tata Tertib Direksi PT set forth in the form of ”PT Bank J Trust Indonesia
Bank J Trust Indonesia Tbk” yang telah disetujui Tbk Board of Directors Regulations” which have
oleh Direksi pada tanggal 12 Desember 2018. been approved by the Board of Directors on

Selanjutnya ”Pedoman Tata Tertib Direksi tersebut December 12, 2018. Furthermore ”the Board of
di atas, akan ditinjau secara berkala apabila Directors’ Rules of Conduct above, will be reviewed
dianggap perlu dengan memperhatikan ketentuan periodically if deemed necessary by observing the
perundangan yang berlaku. prevailing laws and regulations.
(3) Pengangkatan dan Masa Jabatan (3) Appointment and Term of Office
1) Calon yang memenuhi syarat akan diajukan 1) Eligible candidates will be proposed by
oleh Pemegang Saham yang dalam praktiknya Shareholders who in practice are elected by
pemilihan dilakukan oleh Komite Nominasi the Nomination and Remuneration Committee.
dan Remunerasi.
2) Komite Nominasi dan Remunerasi harus 2) The Nomination and Remuneration Committee
mempertimbangkan baik calon dari Internal should consider both Internal and External
maupun Eksternal. candidates.
3) Calon dari Internal maupun Eksternal harus 3) Internal as well as External Candidates must
memenuhi kriteria pemilihan, seperti yang meet the criteria stipulated by the Nomination
ditetapkan oleh Komite Nominasi dan and Remuneration Committee, which include
Remunerasi, dimana terdapat syarat-syarat some special requirements that should be
khusus yang harus diambil. met.
4) Mayoritas Anggota Direksi telah memiliki 4) Majority of members of the Board of Directors
pengalaman paling sedikit 5 (lima) tahun di have at least 5 (five) years of experience in the
bidang Operasional dan paling rendah sebagai Operational field and the lowest position was
Pejabat Eksekutif Bank. Executive Officer of the Bank.
5) Setiap usulan pengangkatan dan/ 5) Any proposal for appointment and/or
atau penggantian anggota Direksi telah replacement of members of the Board of
memperhatikan rekomendasi dari Komite Directors should be taken into consideration
Nominasi dan Remunerasi serta telah the recommendations from the Nomination
disetujui oleh pemegang saham melalui and Remuneration Committee and must be
Rapat Umum Pemegang Saham (RUPS) yang approved by the shareholders through the
mempertimbangkan integritas, kompetensi, General Meeting of Shareholders (AGM) in
profesionalisme dan reputasi keuangan yang line with the main criteria such as integrity,
memadai sesuai dengan persyaratan penilaian competence, professionalism and financial
uji kemampuan dan kepatutan (Fit and Proper reputation in accordance with the requirements
Test) yang telah ditetapkan oleh Otoritas Jasa of the Fit and Proper Test as decided by the
Keuangan (OJK). Financial Services Authority (FSA).
6) Komite Nominasi dan Remunerasi akan 6) The Nomination and Remuneration
merekomendasikan 2 (dua) calon untuk Committee shall elect 2 (two) candidates
setiap posisi kepada Dewan Komisaris untuk for each position, all candidates shall be
diajukan kepada Otoritas Jasa Keuangan dan submitted to the Financial Services Authority
Pemegang Saham. and Shareholders.
7) Bank akan merekomendasikan kepada 7) The Bank will submit its recommendation to
Otoritas Jasa Keuangan selanjutnya Otoritas Financial Services Authority then the later will
Jasa Keuangan akan melakukan penilaian conduct a fit and proper test for candidates.
kemampuan dan kepatutan (fit and proper
test) bagi para calon.
8) Masa jabatan seorang anggota Direksi sesuai 8) The term of office of a member of the Board
Anggaran Dasar adalah efektif sejak tanggal of Directors in accordance with the Articles of
yang ditentukan dalam RUPS dan berakhir Association is effective from the date specified
pada saat RUPS Tahunan ke-3 (ketiga) setelah in the GMS and ends at the 3rd (third) Annual
tanggal pengangkatan tersebut. General Meeting of Shareholders after the
date of the appointment.
9) Anggota Direksi yang telah habis masa 9) Member of the Board of Directors whose term
jabatannya dapat diangkat kembali oleh RUPS. of office has expired may be re-appointed by
the GMS.
Sesuai dengan Hasil Keputusan RUPST tanggal 30 In accordance with the Resolutions of the AGMS on
Maret 2017 yang menyetujui tentang penetapan/ March 30, 2017 which agreed the reappointment of
pengangkatan kembali masa jabatan seorang member of the Board of Directors, none of the term
anggota Direksi, maka masa jabatan anggota of office of the Board of Directors of PT Bank JTrust

Direksi PT Bank JTrust Indonesia Tbk tidak ada Indonesia Tbk exceeded 2 (two) consecutive periods
yang lebih dari 2 (dua) periode berturut-turut since the appointment at EGM 2014.
yang diperhitungkan sejak pengangkatan pada
RUPSLB tahun 2014.
(4) Kriteria Direksi (4) Criteria of the Board of Directors

Kriteria dalam pemilihan anggota Direksi antara Criteria for the selection of members of the Board
lain adalah: of Directors are:
1. Memenuhi persyaratan dimaksud dalam POJK 1. Meet the requirements referred to in
Nomor 33/POJK.04/2014 tanggal 8 Desember Regulation of Financial Services Authority
2014 tentang Direksi dan Dewan Komisaris No. 33/POJK.04/2014 dated December 8,
Emiten atau Perusahaan Publik, yaitu: 2014 on the Board of Directors and Board of
Commissioners of Issuers or Public Companies,
namely:
a. Mempunyai akhlak, moral, dan integritas a. Have good morals, and integrity.
yang baik.
b. Cakap melakukan perbuatan hukum. b. Proficient in performing legal actions.
c. Dalam 5 (lima) tahun sebelum c. Within 5 (five) years prior to the
pengangkatan dan selama menjabat: appointment and during the term of office:
a) Tidak pernah dinyatakan pailit. a) Never been declared bankrupt.
b) Tidak pernah menjadi anggota b) Never become a member of the
Direksi dan/atau anggota Dewan Board of Directors and/or a member
Komisaris yang dinyatakan bersalah of the Board of Commissioners who is
menyebabkan suatu perusahaan found guilty of causing a company to
dinyatakan pailit. be declared bankrupt.
c) Tidak pernah dihukum karena c). Never been punished for committing
melakukan tindak pidana yang a criminal offense that is detrimental
merugikan keuangan negara dan/ to state finances and/or relating to
atau yang berkaitan dengan sektor the financial sector; and
keuangan; dan
d) Tidak pernah menjadi anggota Direksi d) Never been a member of the Board
dan/atau anggota Dewan Komisaris of Directors and/or members of the
yang selama menjabat: Board of Commissioners who, during
their term of office:
(a) Pernah tidak menyelenggarakan (a) Never held an annual GMS;
RUPS tahunan;
(b) P e r t a n g g u n g j a w a b a n n y a (b) His/Accountability as a member
sebagai anggota Direksi dan/ of the Board of Directors and/
atau anggota Dewan Komisaris or a member of the Board of
pernah tidak diterima oleh RUPS Commissioners once was not
atau pernah tidak memberikan accepted by the GMS or never
pertanggungjawaban sebagai been accountable as a member
anggota Direksi dan/atau of the Board of Directors and/
anggota Dewan Komisaris kepada or members of the Board of
RUPS; dan Commissioners to the General
Meeting of Shareholders; and
(c) Pernah menyebabkan perusahaan (c) Never cause a company, which
yang memperoleh izin, obtaining permit, approval or
persetujuan, atau pendaftaran registration from the Financial
dari Otoritas Jasa Keuangan Services Authority, fail to comply
tidak memenuhi kewajiban with the obligation to submit
menyampaikan laporan tahunan annual reports and/or financial
dan/atau laporan keuangan statements to the Financial
kepada Otoritas Jasa Keuangan. Services Authority.
d. Memiliki komitmen untuk mematuhi d. Have a commitment to comply with
peraturan perundang-undangan. laws and regulations.
e. Memiliki pengetahuan dan/atau keahlian e. Possessing knowledge and/or
di bidang yang dibutuhkan perusahaan. expertise in the field required by the
Company.

2. Memenuhi persyaratan integritas, reputasi 2. Meet the requirements of integrity, financial
keuangan dan kompetensi yang dimaksud reputation and competence referred to in the
dalam POJK Nomor 27/POJK.03/2016 tanggal Regulation of Financial Services Authority
22 Juli 2016 tentang Penilaian Kemampuan No. 27/POJK.03/2016 dated July 22, 2016 on
dan Kepatutan Bagi Pihak Utama Lembaga the Assessment of Ability and Fit for Main
Jasa Keuangan, dan SEOJK Nomor 39/ Parties of Financial Services Institutions,
SEOJK.03/2016 tanggal 13 September 2016 and Circular Letter of the Financial Services
tentang Penilaian Kemampuan dan Kepatutan Authority Number 39/SEOJK.03/2016
Bagi calon Pemegang Saham Pengendali, dated September 13, 2016 on Capacity
Calon Anggota Direksi, dan Calon Anggota and Compliance Assessment for Potential
Dewan Komisaris Bank. Controlling Shareholder, Candidate Member
of Board of Directors, and Candidate Member
of Board of Commissioners of Bank.
Persyaratan Integritas meliputi: Integrity requirements include:

a. Cakap melakukan perbuatan hukum. a. Proficient in performing legal actions.
b. Memiliki akhlak dan moral yang baik, b. Having good character and morals,
paling sedikit ditunjukkan dengan sikap at least as indicated by complying
mematuhi ketentuan yang berlaku, applicable provisions, including never
termasuk tidak pernah dihukum karena being convicted for criminal offense
terbukti melakukan tindak pidana dalam within the last 20 (twenty) years prior
jangka waktu 20 (dua puluh) tahun being nominated.
terakhir sebelum dicalonkan.
c. Memiliki komitmen untuk mematuhi c. Having commitment to comply with laws
peraturan perundang-undangan dan and regulations and support FSA policy.
mendukung kebijakan OJK.
d. Memiliki komitmen terhadap d. Committed to the development of a
pengembangan Bank yang sehat; dan sound Bank; and
e. Tidak termasuk sebagai pihak yang e. Not included as a party that is prohibited
dilarang untuk menjadi Pihak Utama. to become a Principal Party.
Persyaratan reputasi keuangan meliputi: Financial reputation requirements include:

a. Tidak memiliki kredit dan/atau a. Does not have credit and/or non-
pembiayaan macet; dan performing financing; and
b. Tidak pernah dinyatakan pailit dan/atau b. Never been declared bankrupt and/or
tidak pernah menjadi pemegang saham, never become a shareholder or Controller
Pengendali Perusahaan Perasuransian of Insurance Company who is not a
yang bukan merupakan pemegang saham, shareholder, member of the Board of
anggota Direksi, atau anggota Dewan Directors or a member of the Board of
Komisaris yang dinyatakan bersalah Commissioners found guilty of causing
menyebabkan suatu perseroan dinyatakan a company to be declared bankrupt
pailit dalam waktu 5 (lima) tahun terakhir within the last 5 (five) years before being
sebelum dicalonkan. nominated.
Persyaratan kompetensi paling sedikit Competence requirements at least include

meliputi pengetahuan dan/atau pengalaman knowledge and/or experience that support
yang mendukung pengelolaan Bank. the management of the Bank.
(5) Status Independensi Direksi (5) Independency of BOC

1) Seluruh anggota Direksi PT Bank JTrust 1) All members of the Board of Directors of PT
Indonesia Tbk merupakan Direksi Independen, Bank JTrust Indonesia Tbk are independent,
artinya tidak saling memiliki hubungan meaning that they have no financial,
keuangan, kepengurusan, kepemilikan saham, management, share ownership and/or family
dan/atau hubungan keluarga sampai dengan relationship up to the second degree with other
derajat kedua dengan sesama anggota Direksi members of the Board of Directors and/or with
dan/atau dengan anggota Dewan Komisaris members of the Board of Commissioners and/
dan/atau Pemegang Saham Pengendali Bank or Controlling Shareholders Banks that may
yang dapat mempengaruhi kemampuannya affect their ability to act are not independent.
untuk bertindak tidak independen.

2) Anggota Direksi baik secara sendiri-sendiri 2) Members of the Board of Directors, either
atau bersama-sama tidak memiliki saham individually or jointly, do not own shares
melebihi 25% (dua puluh lima persen) dari exceeding 25% (twenty five percent) of paid
modal disetor pada perusahaan lain. up capital in other companies
3) Anggota Direksi tidak memberikan kuasa 3) Members of the Board of Directors do not
umum kepada pihak lain yang mengakibatkan grant the general authority to any other party
pengalihan tugas dan fungsi Direksi. resulting in the transfer of duties and functions
of the Board of Directors.
(6) Jumlah dan Komposisi Direksi (6) Number and Composition of the Board of
Mengacu kepada Peraturan Otoritas Jasa Directors
Keuangan (POJK) Nomor 55/POJK.03/2016 Referring to the Regulation of Financial Services
tanggal 7 Desember 2016 tentang Penerapan Tata Authority No. 55/POJK.03/2016 dated December
Kelola Bagi Bank Umum: 7, 2016 on the Implementation of Good Corporate
Governance for Commercial Banks:
• Jumlah anggota Direksi paling sedikit 3 (tiga) • Members of the Board of Directors shall be at
orang. least 3 (three) persons.
• Seluruh anggota Direksi sebagaimana • All members of the Board of Directors shall be
dimaksud, wajib berdomisili di Indonesia. domiciled in Indonesia
• Anggota Direksi wajib dipimpin oleh Presiden • The Board of Directors shall be chaired by the
Direktur atau Direktur Utama dan 1 (satu) President Director and one serving as Director
orang menjabat sebagai Direktur Kepatuhan. of Compliance.
Berdasarkan hasil keputusan RUPSLB tanggal 20 Based on the resolutions of the EGMS on
September 2018, jumlah dan komposisi Direksi September 20, 2018, the number and composition
PT Bank JTrust Indonesia Tbk telah sesuai kriteria of the Board of Directors of PT Bank JTrust
POJK di atas, sebagai berikut: Indonesia Tbk has been in accordance with the
above POJK criteria, as follows:
• Anggota Direksi sebanyak 6 (enam) orang, • Members of the Board of Directors are 6 (six)
termasuk 1 (satu) orang Direktur Utama, persons, including 1 (one) President Director,
1 (satu) orang Direktur Kepatuhan, dan 4 1 (one) Director of Compliance, and 4 (four)
(empat) orang Direktur. Directors.
• Seluruh anggota Direksi telah berdomisili • All members of the Board of Directors are
di Indonesia, dengan telah dibuktikan bagi domiciled in Indonesia, proven by members
anggota Direksi yang berkewarganegaraan of BOD who hold KITAS (Limited Stay Permit
asing telah memiliki KITAS (Kartu Izin Tinggal Card) & IMTA (permission to Hire Foreign
Terbatas) & IMTA (izin Memperkerjakan Workers) from relevant institutions.
Tenaga Kerja Asing) dari lembaga terkait.
Jumlah dan susunan anggota Direksi tersebut The number and composition of the members of the
adalah: Board of Directors are as follows:
Tanggal Pengangkatan & Persetujuan Tanggal
Warganegara/ Date of Appointment & Approval Pengangkatan
Nama Jabatan Domisili Kembali
No
Name Position Citizenship/ Date of
Domiciled RUPS | GMS BI/OJK | BI/FSA Reappointment
RUPS | GMS
1. Shigeyoshi Asano Komisaris Jepang/Indonesia - RUPST tgl. 30 Juni 27 Oktober 2016 -
Commisioner Japanese/ 2016
Indonesia - RUPSLB tgl. 20 21 Februari 2019
Direktur Utama September 2018
President - AGMS on 30 June October 27, 2016
Director 2016
- EGMS on 20 February 21, 2019
September 2018

Tanggal Pengangkatan & Persetujuan Tanggal
Warganegara/ Date of Appointment & Approval Pengangkatan
Nama Jabatan Domisili Kembali
No
Name Position Citizenship/ Date of
Domiciled RUPS | GMS BI/OJK | BI/FSA Reappointment
RUPS | GMS
2. Ritsuo Ando *) Direktur Jepang/Indonesia - RUPSLB tgl. 28 26 Februari 2016
Director Japanese/ Desember 2015
Indonesia - RUPSLB tgl. 23 26 Oktober 2017
Direktur Utama Desember 2016 - RUPSLB tgl.
President - EGMS on 28 26 February 2016 20 September
Director December 2015 2018
- EGMS on 23 26 October 2017 EGMS on 20
Direktur December 216 September
Director 2018
3. Felix Istyono Direktur Indonesia - RUPSLB LPS tgl. 22 April 2014 - RUPST tgl. 30
Hartadi Tiono Director 26 Februari 2014 April 22, 2014 Maret 2017
- EGMS LPS on 26 AGMS on 30
February 2014 March 2017
4. Helmi Arief Direktur Indonesia - RUPST tgl. 30 Juni 5 September 2016 -
Hidayat Director 2016 September 5, 2016
AGMS on June 30,
2016
5 Rio Lanasier Direktur Indonesia - RUPSLB tgl. 23 3 Oktober 2017 -
Director Desember 2016 October 3, 2017
EGMS on
December 23,
2016
6. Haryanto Budi Direktur Indonesia - RUPSLB tgl. 23 24 November 2017 -
Purnomo *) Director Desember 2016 November 24, 2017
AGMS on
December 23,
2016
*) Efektif sejak 1 Januari 2019 disetujui pemberhentian sementara Bapak Ritsuo Ando dan Bapak Haryanto Budi Purnomo berdasarkan Surat
Keputusan Sirkuler Dewan Komisaris sebagai pengganti Rapat Dewan Komisaris, dan Hasil Keputusan RUPSLB tanggal 11 Februari 2019.
Effective since 1 January 2019 the temporary dismissal of Ritsuo Ando and Haryanto Budi Purnomo was approved based on the Circular Letter
of Board of Commissioners as replacement of Board of Commissioners Meeting, and EGMS Resolutions on 11 February 2019.
Adapun ringkasan profil anggota Direksi sebagai The profiles of members of the Board of Directors are
berikut: as follows:
a. Direktur Utama : Shigeyoshi Asano a. President Director : Shigeyoshi Asano
Warga Negara Jepang, 49 Tahun. Direktur Utama Japanese Citizen, 49 years old. Appointed as
J Trust Bank diangkat melalui RUPSLB tanggal President Director of J Trust Bank based on EGMS on
20 September 2018. Sebelumnya diangkat September 20, 2018. Previously he was Member of the
sebagai Komisaris J Trust Bank sejak 30 Juni Board of Commissioners of J Trust Bank since 2016. His
2016. Pengalaman bekerja terakhir sebagai last position was Commissioner of JTrust Investments
Komisaris pada PT JTrust Investments Indonesia, Indonesia, Director and Executive Officers in J Trust
Direktur dan Pejabat Eksekutif di J Trust Co., Ltd., Co., Ltd. Commissioner of PT Group Lease Finance
Komisaris di PT Group Lease Finance Indonesia, Indonesia, and Director of J Trust Asia PTE. LTD. He has
serta Direktur di J Trust Asia PTE. LTD. Memiliki 22 years of experience in the investment industry and
pengalaman 22 tahun di industri investasi dan business strategy. He started his career in Tokyo Gas Co.,
bisnis. Beliau memulai karir di Tokyo Gas Co., Ltd. Ltd. in 1994. He obtained his Bachelor of Engineering
pada tahun 1994. Beliau meraih gelar Sarjana degree from the Tokyo Institute of Technology in 1992
Teknik dari Institut Teknologi Tokyo pada tahun and Master of Engineering from the Tokyo Institute of
1992. Kemudian beliau meraih gelar Master Teknik Technology in 1994.
dari Institut Teknologi Tokyo pada tahun 1994.

b. Direktur : Ritsuo Ando b. Director : Ritsuo Ando

Warga Negara Jepang, 62 Tahun. Pengalihan tugas Japanese Citizen, 62 years old, resides in Jakarta.
sebagai Direktur J Trust Bank melalui RUPSLB Appointed as Director of J Trust Bank based on EGMS
tanggal 20 September 2018. Sebelumnya diangkat on September 20, 2018. Previously, he was Director
sebagai Direktur Utama J Trust Bank melalui for J Trust Bank based on EGMS on December 23,
RUPSLB tanggal 23 Desember 2016 dan sebagai 2016 and Director of J Trust Bank based on EGMS
Direktur J Trust Bank berdasarkan RUPSLB tanggal on December 28, 2015. He has 37 years working
28 Desember 2015. Beliau memiliki pengalaman 37 experience in financial and banking business. He
tahun di bidang perbankan dan finansial. Memulai started his career at The Daiwa Bank, Limited, Osaka
karir di The Daiwa Bank, Limited, Osaka sebagai as a Banking Officer in 1979 until first position as
Banking Officer pada 1979 hingga pertama kali Executive as President Director of PT Daiwa Lippo
menduduki posisi Eksekutif sebagai Presiden Finance in 2001. Afterwards, he served as President
Direktur di PT Daiwa Lippo Finance pada 2001. Director at Resona Indonesia Finance in 2003, Advisor
Setelahnya, beliau menjabat Presiden Direktur di at Resona Bank, Ltd. in 2005, the General Manager at
Resona Indonesia Finance pada 2003, Penasihat ACOM Co., Ltd. in 2007, Deputy President Director at
di Resona Bank, Ltd. pada 2005, General Manager PT Bank Nusantara Parahyangan, Tbk. (BNP) in 2008,
di ACOM Co., Ltd. pada 2007, Wakil Presiden and most recently as President Director of BNP since
Direktur di PT Bank Nusantara Parahyangan, Tbk. 2009 before joining J Trust Bank as Director. He
(BNP) pada 2008, dan terakhir sebagai Presiden obtained his degree from Osaka University of Foreign
Direktur BNP sejak 2009 sebelum menjadi Direktur Language, Faculty of Language, Indonesian Study in
J Trust Bank. Menyelesaikan pendidikan dari 1975.
Osaka University of Foreign Language, Faculty of
Language, Indonesia Study tahun 1975.
c. Direktur Kepatuhan : Felix Istyono Hartadi Tiono c. Compliance Director : Felix Istyono Hartadi Tiono
Warga Negara Indonesia, 60 tahun. Berdasarkan Indonesian Citizen, 60 years old. Based on the
hasil keputusan RUPST tanggal 30 Maret 2017 results of the AGMS’s decision dated March 30, 2017
yang menyetujui penetapan/pengangkatan which approved the determination/reappointment
kembali sebagai Direktur Perseroan. Sebelumnya as Director of the Company. Previously he served
diangkat sebagai Direktur Kepatuhan J Trust as Compliance Director of J Trust Bank based on
Bank berdasarkan RUPSLB tanggal 26 Februari the EGMS on February 26, 2014 which was then
2014 yang saat itu dikenal sebagai Bank Mutiara. known as Bank Mutiara. Has 30 years experience
Memiliki pengalaman 30 tahun di bidang legal – in the legal - compliance and banking industry. He
kepatuhan dan industri perbankan. Memulai karir started his career as a legal officer at PT Wellwood
sebagai legal officer di PT Wellwood Sejahtera Sejahtera Ekapratama in 1986, and continued his
Ekapratama pada 1986, dan melanjutkan karirnya career at Rabobank since 1990 with his last position
di Rabobank sejak 1990 dengan jabatan terakhir as Compliance Director before joining Bank DBS
Direktur Kepatuhan sebelum bergabung dengan Indonesia in 2006 as Compliance Director, and
Bank DBS Indonesia pada 2006 sebagai Direktur most recently as Compliance Director of Bank
Kepatuhan, dan terakhir sebagai Direktur HSBC Indonesia since 2009 before joining with J
Kepatuhan Bank HSBC Indonesia sejak tahun Trust Bank. He graduated from the Faculty of Law
2009 sebelum bergabung dengan J Trust Bank. at Parahyangan Catholic University, Bandung, in
Beliau meraih gelar Sarjana Hukum Perdata di 1986, and obtained his Masters degree from the
Universitas Katholik Parahyangan Bandung pada Institut Pengembangan Manajemen Indonesia,
tahun 1986, dan gelar S2 di Institut Pengembangan Jakarta, in 2006.
Manajemen Indonesia, Jakarta di tahun 2006.
d. Direktur : Helmi Arief Hidayat d. Director : Helmi Arief Hidayat

Warga Negara Indonesia, 61 tahun. Diangkat Indonesian citizen, 61 years old. Appointed as Director
menjadi Direktur J Trust Bank melalui RUPST of J Trust Bank through the AGMS on June 30, 2016.
tanggal 30 Juni 2016. Pengalaman bekerja terakhir Previously, he was Executive Vice President of J Trust
sebagai Executive Vice President J Trust Bank Bank since 2012, at that time was known as Bank
sejak 2012 yang saat itu dikenal sebagai Bank Mutiara. He has 30 years of experience in the banking
Mutiara. Memiliki pengalaman 30 tahun di industri industry. He started his banking career in 1987 with
perbankan. Beliau memulai karir perbankan di Bank Umum Nasional in 1987. He has worked in the
Bank Umum Nasional pada tahun 1987. Beliau Indonesia Bank Restructuring Agency and several
pernah bekerja di BPPN dan beberapa bank banks such as Bank Dana Asia, Bank Akita, Barclays
seperti Bank Dana Asia, Bank Akita, Barclays Indonesia Bank, and Nobu Bank. He obtained his

Bank Indonesia dan Nobu Bank. Beliau meraih Bachelor degree in Electrical Engineering from UDS
gelar sarjana jurusan Elektro dari UDS 45 pada 45 in 1987 and Masters degree from Universitas
tahun 1987, kemudian menyelesaikan program Krisnadwipayana (UNKRIS) in 1993.
pasca sarjana dari Universitas Krisnadwipayana
(UNKRIS) tahun 1993.
e. Direktur : Rio Lanasier e. Director : Rio Lanasier

Warga Negara Indonesia, 43 tahun. Diangkat Indonesian Citizen, 43 years old. Appointed
sebagai Direktur J Trust Bank melalui RUPSLB as Director of J Trust Bank based on EGMS on
tanggal 23 Desember 2016. Sebelumnya menjabat December 23, 2016. Previously, he was Executive
sebagai Executive Vice President J Trust Bank sejak Vice President of J Trust Bank since 2015. He has
2015. Memiliki pengalaman 15 tahun di perbankan. more than 15 years of experience in the banking
Beliau memulai karirnya di Officer Development industry. He started his career in the Officer
Program Bank Mandiri pada 2002. Beliau terus Development Program of Bank Mandiri in 2002.
berkarir di Bank Mandiri hingga menjadi Assistant His last position at Bank Mandiri was Assistant
Vice President Treasury – Chief Dealer sebelum Vice President Treasury – Chief Dealer, before
bergabung dengan Bank Chinatrust Indonesia joining as Assistant Vice President Treasury -
sebagai Assistant Vice President Treasury - Head Head of Interbank of Bank Chinatrust Indonesia in
of Interbank pada 2007, dan kemudian VP Treasury 2007 and VP Treasury Interbank - Global Financial
Interbank - Global Financial Market dari DBS Market of DBS Indonesia in 2008. He obtained
Indonesia pada tahun 2008. Beliau meraih gelar his Bachelor degree in Civil Engineering from
Sarjana Teknik Sipil dari Universitas Parahyangan Parahyangan University, Bandung in 1998 and
pada tahun 1998 dan Master of Engineering Master of Engineering Science degree from the
Science di University of New South Wales pada University of New South Wales in 2000.
tahun 2000.
f. Direktur : Haryanto Budi Purnomo f. Director : Haryanto Budi Purnomo

Warga Negara Indonesia, 54 Tahun. Diangkat Indonesian Citizen, 54 years old. Appointed
sebagai Direktur J Trust Bank melalui RUPSLB as Director of J Trust Bank based on EGMS
tanggal 23 Desember 2016. Sebelumnya menjabat on December 23, 2016. Previously, he was
sebagai Executive Vice President J Trust Bank Executive Vice President of J Trust Bank since
sejak 2016. Beliau memiliki pengalaman 26 tahun 2016. He has 26 years of working experience
di bidang perbankan dan memulai karir sebagai in banking industry and started his career in
management trainee di Bank Universal pada 1991. Bank Universal as management trainee in 1991.
Beliau selanjutnya terus berkarir dengan jabatan He held key positions in several banks such as
terakhir sebagai Midsized Business Operation Midsized Business Operation Support Group
Support Group Head Bank Universal sebelum Head of Bank Universal, before joining Bank Mega
bergabung dengan Bank Mega Syariah pada 2003 Syariah in 2003 as Director of Human Resource
sebagai Direktur Human Resource Management, Management, Compliance and Risk Management.
Compliance and Risk Management. Jabatan His last position in Bank Mega Syariah is Director
terakhir beliau di Bank Mega Syariah adalah of Operation, Technology Information, General
Direktur Operation, Technology Information, Services, Corporate Strategy and Planning,
General Services, Corporate Strategy and Planning, Collection & Recover, Product Development and
Collection & Recover, Product Development and Service Quality Management before joining J Trust
Service Quality Management sebelum bergabung Bank. He holds a Bachelor degree in Civil Law from
dengan J Trust Bank. Beliau meraih gelar sarjana University of Indonesia in 1990.
Hukum dari Universitas Indonesia pada tahun 1990.
(7) Rangkap Jabatan (7) Concurrent Position

Sesuai ketentuan dalam POJK tentang Penerapan To comply with the provisions from the
Tata Kelola Bagi Bank Umum, Anggota Direksi Regulation of Financial Services Authority on the
dilarang merangkap jabatan sebagai anggota Implementation of Good Corporate Governance
Direksi, anggota Dewan Komisaris, atau Pejabat for Commercial Banks, the members of BOD are
Eksekutif pada Bank, perusahaan, dan/atau prohibited from serving concurrently as members
lembaga lain, kecuali Direksi yang bertanggung of the BOD, or BOC, or Executive Officers at Banks,
jawab terhadap pengawasan atas penyertaan companies and/or other institutions, except as
Bank pada perusahaan anak, menjalankan tugas member of BOD responsible for supervising the
fungsional menjadi anggota Dewan Komisaris pada Bank’s participation in a subsidiary company,

perusahaan anak bukan Bank yang dikendalikan performing functional duties as member of BOC
oleh Bank, sepanjang tidak mengakibatkan yang of a non-Bank subsidiary controlled by the Bank,
bersangkutan mengabaikan pelaksanaan tugas so long as it does not result in neglecting of the
dan tanggung jawab sebagai anggota Direksi implementation of duties and responsibilities as a
Bank. member of BOD of the Bank.
Pada periode tahun 2018 seluruh anggota Direksi In 2018, none of members of the Board of Directors
PT Bank JTrust Indonesia Tbk tidak merangkap of PT Bank JTrust Indonesia Tbk hold concurrent
jabatan sebagai anggota Dewan Komisaris, positions as members of BOC, BOD or Executive
anggota Direksi atau Pejabat Eksekutif pada Officers in controlling shareholder companies,
perusahaan pemegang saham pengendali, bank other banks, companies and/or other institutions.
lain, perusahaan dan/atau lembaga lain. Selain itu In addition, none of BOD members serves as
anggota Direksi tidak ada yang menjadi anggota member of the Committees Under BOC.
Komite-komite Di bawah Dewan Komisaris.
(8) Hubungan Afiliasi (8) Affiliation

Anggota Direksi telah membuat dan Members of the Board of Directors have made and
menandatangani surat pernyataan terkait hal-hal signed a statement letter relating to the matters
meliputi: mentioned below:
• Kepemilikan saham anggota Direksi baik • Members of the Board of Directors, either
secara sendiri-sendiri maupun bersama-sama individually or jointly, do not own shares
yang tidak melebihi 25% (dua puluh lima exceeding 25% (twenty five percent) of paid
persen) dari modal disetor pada perusahaan up capital in other companies.
lain.
• Kepemilikan saham anggota Direksi yang • Member of the Board of Directors who hold
mencapai ≥5% (lima persen) dari modal shares of ≥5% (five percent) of paid up capital,
disetor, baik pada PT Bank JTrust Indonesia either on PT Bank JTrust Indonesia Tbk or at
Tbk maupun pada Bank dan Perusahaan Banks and Other Companies, in and outside
Lain, yang berkedudukan di dalam dan di luar the country.
negeri.
Transparansi Kepemilikan Saham Anggota Transparency of Directors Share Ownership up to

Direksi yang Mencapai ≥5% dari Modal Disetor ≥5% of Paid-in Capital
Lembaga Keuangan
Perusahaan
Nama Bank Lain Bukan Bank
No J Trust Bank Lain %
Name Other Bank Non Bank Financial
Other Company
Institution
1. Shigeyoshi Asano - - - - -
2. Ritsuo Ando - - - J-Net Travel 5,00
3. Felix Istyono Hartadi Tiono - - - - -
4. Helmi Arief Hidayat - - - - -
5. Rio Lanasier - - - - -
6. Haryanto Budi Purnomo - - - - -
• Hubungan Keuangan dan Hubungan Keluarga • Financial and Family Relationships of Members
Anggota Direksi dengan Anggota Direksi of the Board of Directors with other Members
Lain, Anggota Dewan Komisaris dan/atau of Board of Directors, Members of the
Pemegang Saham Pengendali Bank. Board of Commissioners and/or Controlling
Shareholders of the Bank.

Transparansi Hubungan Keuangan Transparency of Financial Relationship
Pemegang Saham
Pengendali
Name
1. Shigeyoshi Asano √ √ √
2. Ritsuo Ando √ √ √
3. Felix Istyono Hartadi Tiono √ √ √
4. Helmi Arief Hidayat √ √ √
5. Rio Lanasier √ √ √
6. Haryanto Budi Purnomo √ √ √
Transparansi Hubungan Keluarga Transparency of Family Relationship

Pemegang Saham
Pengendali
Name
1. Shigeyoshi Asano √ √ √
2. Ritsuo Ando √ √ √
3. Felix Istyono Hartadi Tiono √ √ √
4. Helmi Arief Hidayat √ √ √
5. Rio Lanasier √ √ √
6. Haryanto Budi Purnomo √ √ √
(9) Kebijakan dan Pelaksanaan Rapat Direksi (9) Policies and Implementation of the Board of
Directors Meeting
1) Kebijakan Rapat Direksi 1) Board of Directors’ Meeting Policy
a. Rapat Direksi dapat diadakan setiap a. Meetings of the Board of Directors may
waktu bilamana dipandang perlu atas be held at any time whenever deemed
permintaan Direktur Utama atau oleh necessary upon request of the President
seorang atau lebih anggota Direksi atas Director or by one or more members of
pemintaan tertulis dari seorang atau the Board of Directors on the written
lebih anggota Komisaris atau pemegang request of one or more members of the
saham yang memiliki sedikitnya 1/10 (satu Board of Commissioners or shareholders
persepuluh) bagian dari jumlah seluruh holding at least 1/10 (one tenth) part of
saham dengan hak suara yang sah. the total number of shares with valid
voting rights.
b. Pemanggilan Rapat Direksi dilakukan b. The summon of the Board of Directors’
oleh Direktur Utama, dan apabila Direktur Meeting shall be conducted by the
Utama berhalangan dilakukan oleh Direksi President Director, and in the absent of
yang ditunjuk oleh Direktur Utama. the President Director, by the Board of
Directors appointed by the President
Director.
c. Pemanggilan Rapat Direksi harus c. The summons of the Meeting of the
disampaikan langsung kepada setiap Board of Directors shall be submitted
anggota Direksi dengan sarana media by registered mail or by letter submitted
komunikasi internal Bank yang berlaku, directly to each member of the Board of
sekurangnya 3 (tiga) hari sebelum Rapat Directors and get receipt from at least 3
diadakan. (three) days before the Meeting is held,
excluding the date of summon and date
of the Meeting.
d. Direksi wajib mengadakan rapat Direksi d. The Board of Directors shall hold Board
paling kurang 1(satu) kali dalam 1 (satu) of Directors meeting at least once every 1
bulan dan rapat bersama Dewan Komisaris (one) month and meeting with the Board

paling kurang 1 (satu) kali dalam 4 (empat) of Commissioners at least once in 4 (four)
bulan. Rapat harus mencantumkan acara, months. The minutes of meeting must
tanggal, waktu dan tempat Rapat. put the event, date, time and place of the
Meeting.
e. Rapat Direksi diadakan di tempat e. Meetings of the Board of Directors should
kedudukan Perseroan atau tempat be held in the domicile of the Company
kegiatan usaha utama Perseroan. Apabila or the principal business activities of the
semua anggota Direksi hadir dan/atau Company. If all members of the Board of
diwakili, pemanggilan terlebih dahulu Directors are present and/or represented,
tersebut tidak disyaratkan dan Rapat summon is not required and the Board of
Direksi dapat diadakan dimanapun juga Directors’ Meeting may be held elsewhere
dan berhak mengambil keputusan yang and shall have the right to make informed
sah dan mengikat. and binding decisions.
f. Rapat dipimpin oleh Direktur Utama, dan f. The Meeting shall be chaired by the
dalam hal Direktur Utama berhalangan President Director, and in the event
atau tidak hadir, Rapat Direksi akan the President Director is unavailable or
dipimpin oleh salah seorang Direksi absent, then the Meeting of the Board of
lainnya yang dipilih dari anggota Direksi Directors shall be chaired by one of the
yang hadir. other Directors elected from the members
of the Board of Directors present.
g. Setiap kebijakan dan keputusan strategis g. Every strategic policy and decision must
wajib diputuskan melalui rapat Direksi. be decided through the Board of Directors
meeting.
h. Pengambilan keputusan rapat Direksi telah h. Decision-making of the Board of Directors
dilakukan berdasarkan musyawarah untuk meeting has been conducted based
mufakat, dan/atau suara terbanyak dalam on deliberations for consensus, and/
hal tidak terjadi keputusan musyawarah or majority vote in the event that no
untuk mufakat. consensus decision was made.
i. Semua keputusan Direksi yang diambil i. All decisions of the Board of Directors
sesuai dengan Anggaran Dasar Bank dan are taken in accordance with the
Panduan Pelaksanaan Tugas Direksi dan Bank’s Articles of Association and the
Komisaris yang mengikat dan menjadi Implementation Guidelines of the Board
tanggung jawab seluruh anggota Direksi. of Directors and Commissioners which
are binding and are the responsibility of
all members of the Board of Directors.
j. Hasil rapat Direksi wajib dituangkan j. The results of the Board of Directors’
dalam risalah rapat/notulen, ditanda- meeting shall be set forth in minutes
tangani oleh anggota Direksi yang hadir, of meeting, signed by members of the
disampaikan kepada seluruh anggota Board of Directors attended the meeting,
Direksi dan didokumentasikan dengan submitted to all members of the Board
baik, termasuk pencantuman dissenting of Directors and properly documented,
opinions (apabila ada). including inclusion of dissenting opinions
(if any).
2) Selama tahun 2018 telah diselenggarakan 43 2) In 2018, 43 (forty-three) meetings were held by
(empat puluh tiga) kali rapat yang dilaksanakan the Board of Directors, both Board of Directors
oleh anggota Direksi, baik rapat Direksi maupun meetings and Board of Directors meetings with
rapat Direksi dengan Kepala Divisi, dan unit kerja Division Heads and other work units, in discussing
lainnya, dalam membahas segenap persoalan dan/ all issues and/or management strategies of the
atau strategi pengelolaan Perseroan.. Company.
a. Frekuensi tingkat kehadiran rapat anggota a. The frequency of attendance of members of
Direksi pada tahun 2018 berdasarkan ’periode the Board of Directors meeting in 2018 based
menjabat’ adalah sebagai berikut: on ‘term of office’ is as follows:

Periode Menjabat
Jumlah
Nama Direksi (Sejak Lulus F & P) % Kehadiran
No Kehadiran
Name of Directors Terms of Office % Attendance
Attendance
(After Passing F&P Test)
1. Shigeyoshi Asano (Direktur Utama) • 21 Februari 2019 s/d saat - -
President Director) 1) ini.
February 21, 2019 until now.
2. Ritsuo Ando (Direktur | Director) • 1 Januari s/d 19 September 27 kali 87%
2018 (Direktur Utama) (Direktur utama) (Direktur utama)
• 20 September s/d 31 10 kali 83%
Desember 2018 (Direktur) (Direktur) (Direktur)
• January 1 to September 19,
2018 (President Director)
• September 20, to
December 31, 2018
(Director)
3. Felix Istyono Hartadi Tiono (Direktur | 1 Januari s/d 31 Desember 41 kali 95%
Director) 2018
January 1 to December 31,
2018
4. Helmi Arief Hidayat (Direktur | Director) 1 Januari s/d 31 Desember 37 kali 86%
2018
2018
5. Yosuke Tanaka (Direktur | Director) 2) 1 Januari s/d 28 Juni 2018 16 kali 80%
January 1 to June 28, 2018
6. Rio Lanasier (Direktur | Director) 1 Januari s/d 31 Desember 37 kali 86%
2018
2018
7. Haryanto Budi Purnomo (Direktur | 1 Januari s/d 31 Desember 38 kali 88%
Director) 2018
2018

1)
Ditunjuk sebagai Direktur Utama, efektif lulus fit and proper test oleh OJK tanggal 21 Februari 2019.
2)
Mengundurkan diri berdasarkan hasil keputusan RUPST tanggal 28 Juni 2018

1)
Appointed as President Director, effective passed the fit and proper test of OJK on February 21, 2019
2)
Resigned based on AGMS on June 28, 2018
Tabel kehadiran rapat untuk masing-masing The table of meeting attendance of each member of
anggota Direksi adalah: the Board of Directors is as follow:
1 2 3 4 5 6 7 8 9 10 11 12
Nama Direksi Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl
Name of BOD Date Date Date Date Date Date Date Date Date Date Date Date
8/1/18 15/1/18 29/1/18 13/2/18 19/2/18 5/3/18 12/3/18 19/3/18 26/3/18 2/4/18 9/4/18 16/4/18
Shigeyoshi Asano
Ritsuo Ando √ √ √ √ √ √ √ √ √ √ √ √
Felix Istyono Hartadi √ √ √ √ √ √ √ √ √ √ √ √
Tiono
Helmi Arief Hidayat √ √ √ √ √ √ √ √ √ √ √ √
Yosuke Tanaka √ √ √ √ √ √ √ √ X √ √ √
Rio Lanasier √ √ √ √ √ √ √ √ X X √ √
Haryanto Budi √ √ √ √ √ √ √ √ √ X √ √
Purnomo
Keterangan | Note:
X: Absen | Absent

13 14 15 16 17 18 19 20 21 22 23 24
Nama Direksi Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl
Name of BOD Date Date Date Date Date Date Date Date Date Date Date Date
23/4/18 30/4/18 7/5/18 14/5/18 21/5/18 28/5/18 4/6/18 25/6/18 11/7/18 18/7/18 23/7/18 6/8/18
Shigeyoshi Asano
Ritsuo Ando √ √ √ √ √ √ √ √ √ √ √ X
Felix Istyono Hartadi √ √ √ √ √ √ √ √ √ √ √ √
Tiono
Helmi Arief Hidayat √ √ √ √ √ √ X √ X √ √ √
Yosuke Tanaka √ √ √ √ X X X √
Rio Lanasier √ √ √ √ √ √ √ √ √ √ √ X
Haryanto Budi √ √ √ √ √ X √ √ √ √ √ √
Purnomo
Keterangan | Note:
X: Absen | Absent
25 26 27 28 29 30 31 32 33 34
Nama Direksi Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl
Name of BOD Date Date Date Date Date Date Date Date Date Date
13/8/18 20/8/18 27/8/18 3/9/18 10/9/18 12/9/18 17/9/18 1/10/18 15/10/18 22/10/18
Shigeyoshi Asano - - -
Ritsuo Ando √ √ √ √ X X X X √ √
Felix Istyono Hartadi √ X √ √ √ √ √ X √ √
Tiono
Helmi Arief Hidayat √ √ √ √ √ √ √ √ √ X
Yosuke Tanaka
Rio Lanasier X X X √ √ √ √ √ √ √
Haryanto Budi √ √ √ X √ √ √ √ √ √
Purnomo
Keterangan | Note:
X: Absen | Absent
35 36 37 38 39 40 41 42 43
Nama Direksi Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl Tgl
Name of BOD Date Date Date Date Date Date Date Date Date
29/10/18 5/11/18 12/11/18 19/11/18 28/11/18 3/12/18 10/12/18 17/12/18 26/12/18
Shigeyoshi Asano - - - - - - - - -
Ritsuo Ando √ √ √ √ √ √ √ √ X
Felix Istyono Hartadi √ √ √ √ √ √ √ √ √
Tiono
Helmi Arief Hidayat √ √ √ √ √ X X X X
Yosuke Tanaka
Rio Lanasier √ √ √ √ √ √ √ √ √
Haryanto Budi √ √ √ √ √ √ X √ √
Purnomo
Keterangan | Note:
X: Absen | Absent

b. Agenda Rapat Direksi (Radir) b. Agenda of the Meeting of BOD
Date Type of Meeting Meeting Agenda
8 Jan 2018 Rapat Direksi • Pembahasan debitur • Discussion on debtors
BOD Meeting • Pembahasan Logo J Trust Bank • Discussion on J Trust Bank Logo
• Pembahasan Kasus Legal • Discussion on Legal Cases
• Pembahasan biaya Lawyer • Discussion on Lawyers’ fees
15 Jan 2018 Rapat Direksi • Persetujuan perubahan struktur • Approval on changes of new Bankwide
BOD Meeting organisasi Bankwide yang baru organizational structure
• Pembahasan pengelolaan Funding • Discussion on Funding management
• Pembahasan Corporate Action Plan • Discussion on Corporate Action Plan
2018 2018
• Pembahasan Prognosa Januari 2018 • Discussion on January 2018 Prognosis
29 Jan 2018 Rapat Direksi • Struktur Organisasi • Organizational Structure of
BOD Meeting PT Bank J Trust Indonesia Tbk PT Bank J Trust Indonesia Tbk.
13 Feb 2018 Rapat Direksi • Pembahasan perkembangan Kasus • Discussion on the development of
BOD Meeting Legal dan kasus lainnya Legal Cases and other cases
19 Feb 2018 Rapat Direksi • Pemaparan persiapan Corporate • Explanation on preparation of
BOD Meeting Action 2018 Corporate Action 2018
• Pembahasan pajak • Discussion on taxes
• Lain-lain • Others
5 Mar 2018 Rapat Direksi • Update verifikasi dan validasi internal • Update verification and internal
BOD Meeting • Penunjukan Steering Committee Task validation
Force • Appointment of Steering Committee
• Lain-lain Task Force
• Others
12 Mar 2018 Rapat Direksi • Update verifikasi dan validasi internal • Update verification and internal
BOD Meeting • Presentasi strategi Risk Management validation
2018 • Presentation on Risk Management
• Penjelasan informasi update dari 2018 strategy
Human Capital Division • Explanation on information update
• Usulan perhitungan pembagian bonus from Human Capital Division
BOD & BOC • Proposal on calculation of bonus for
BOD & BOC
19 Mar 2018 Rapat Direksi • Update Core Banking system • Update on Core Banking system
BOD Meeting • Update Kasus legal • Update on Legal cases
• Update Pajak • Update on Taxations
• Update verifikasi dan validasi internal • Update verification and internal
validation
26 Mar 2018 Rapat Direksi • Pembahasan Prognosa Maret 2018 • Update on March 2018 Prognosis
BOD Meeting • Update verifikasi dan validasi internal • Update verification and internal
• Lain-lain validation
• Others
2 Apr 2018 Rapat Direksi • Update verifikasi dan validasi internal • Update verification and internal
BOD Meeting • Lain-lain validation
• Others
9 Apr 2018 Rapat Direksi • Presentasi status laporan keuangan • Presentation on financial statement
BOD Meeting per 31 Maret 2018 status per 31 March 2018
• Update verifikasi dan validasi internal • Update verification and internal
• Update surat Action Plan ke OJK dan validation
GWM • Update on Action Plan letter to OJK
• Lain-lain and GWM
• Others
16 Apr 2018 Rapat Direksi • Presentasi strategi KKR – Kredit • Presentation on strategy of KKR &
BOD Meeting Kualitas Rendah Low Quality Credit
• Pembahasan CAR dan rencana • Discussion on CAR and capital plan
permodalan • Update verification and internal
• Update verifikasi dan validasi internal validation
• Update GWM • Update GWM
• Lain-lain berupa: SOP Rapat Direksi, • Others in form of: BOD Meeting SOP,
Agenda RUPS, dan Laporan Direksi GMS Agenda, and BOD Report for
untuk Annual Report 2017 Annual Report 2017
23 Apr 2018 Rapat Direksi • Update status debitur • Update on debtors status
BOD Meeting • Lain-lain • Others
30 Apr 2018 Rapat Direksi • Perpindahan Corporate Secretary • Change of Corporate Secretary
BOD Meeting • Prognosa bulan April 2018 • April 2018 Prognosis
• Update LOS • Update LOS
07 Mei 2018 Rapat Direksi • Trade finance • Trade Finance
BOD Meeting • Snapshot Kinerja Bulan April 2018 • Snapshot of April 2018 Performance
• Arahan terkait corporate action • Guidance related to corporate action
14 Mei 2018 Rapat Koordinasi • Update setiap divisi • Update on every division
Direksi dan Divisi • Pembahasan jam operasional dalam • Discussion on operational hours in
bulan puasa fasting month
• Loan monitoring debitur lancar • Loan monitoring of good debtors


21 Mei 2018 Rapat Direksi • Progress dari core banking Finacle • Progress from core banking Finacle
• Opics dan FinTr • Opics and FinTr
28 Mei 2018 Rapat Koordinasi • Mobile banking dan internet banking • Mobile banking and internet banking
Direksi dan Divisi progress progress
• Prognosa bulan May 2018 • May 2018 Prognosis
4 Jun 2018 Rapat Direksi • Perbandingan NII antara target dan • Comparison of NII between target and
realisasi realization
• Proyeksi recovery 2018 • Projection of 2018 recovery
• Rencana aksi korporasi 2018 • 2018 corporate action plan
25 Jun 2018 Rapat Direksi • Perisapan RUPS tahunan 28 Juni 2018 • Preparation for annual GMS on 28
• Paparan publik/Public expose kinerja June 2018
bank tahun 2017 • Public expose of the bank’s 2017
• Lain - lain performance
• Others
11 Jul 2018 Rapat Direksi • Pembahasan likuiditas dan cost of • Discussion on liquidity and cost of
fund fund
• Update seputar Finacle • Update on Finacle
• Lain lain terkait dengan pembuatan • Others related to the making of Q&A
Q&A untuk antisipasi publikasi to anticipate financial publication on
keuangan 20 Juli 2018 20 July 2018
18 Jul 2018 Rapat Direksi • Tindaklanjut terkait 8 strategi baru • Follow-up related to 8 new strategies
• Pembahasan terkait kasus Antaboga • Discussion on Antaboga Surabaya
Surabaya case
• Prognosa Bulan Juli 2018 • July 2018 Prognosis
23 Jul 2018 Rapat Direksi • Pembahasan likuiditas dan pendanaan • Discussion on liquidity and funding of
masing-masing cabang each branch
• Tindaklanjut permasalahan cabang • Follow-up on problems of Surabaya
Surabaya terkait gedung branch related to building
6 Agt 2018 Rapat Direksi • Pembahasan terkait masalah-masalah • Discussion on bank problems, and
bank, dan identifikasi penyebabnya their identifications
13 Agt 2018 Rapat Direksi • Kondisi pendanaan • Funding conditions
• Relokasi kantor Surabaya terkait kasus
• Relocation of Surabaya branch related
to case
20 Agt 2018 Rapat Direksi • Terkait hasil pertemuan dengan OJK • Related to meeting with OJK
• Revisit Debtor • Revisit Debtors
• Perkembangan asset recovery • Asset recovery progress
27 Agt 2018 Rapat Direksi • Penggunaan dan persetujuan proses di • Use and approval of process in Garoon
Garoon • Credit sales plan
• Rencana penjualan kredit
03 Sep 2018 Rapat Direksi • Terkait 2(dua) debitur bermasalah • Related to 2 (two) bad debtors
• Pemulihan asset bermasalah • Bad assets recovery
10 Sep 2018 Rapat Direksi • Pembahasan portofolio kredit kedepan • Discussion on future credit portfolio
12 Sep 2018 Rapat Direksi • Perubahan struktur Organisasi • Change of Organizational structure
17 Sep 2018 Rapat Direksi • Pembahasan terkait arahan OJK • Discussion on OJK guidance
• Arah kredit multifinance • Multifinance credit direction
• Pembahasan action plan • Discussion on action plan
1 Okt 2018 Rapat Direksi • Evaluasi dan remapping jaringan • Evaluation and remapping of office
kantor network
15 Okt 2018 Rapat Direksi • Antaboga case consultant update • Antaboga case consultant update
• Struktur organisasi baru • New organizational structure
22 Okt 2019 Rapat Direksi dan • Pemaparan Rencana Strategis • Strategic Planning Elaboration
Divisi
29 Okt 2018 Rapat Direksi • Presentasi reward and punishment • Presentation on reward and
• Prognosis of October 2018 punishment
• October 2018 Prognosis
5 Nov 2018 Rapat Direksi • Monitoring RIM • Monitoring RIM
• Pembahasan pencairan kredit • Discussion on Commercial loan
Komersial disbursement
• Pembahasan terkait saldo rekening • Discussion on the balance of Saikyo
Saikyo account
12 Nov 2018 Rapat Direksi • NPL transfer • NPL transfer
• October financial performance • October financial performance
19 Nov 2018 Rapat Direksi • Business process terutama • Business process especially related
pembahasan terkait proses dan to the discussion on process and
administrasi penyaluran kredit ke JTO administration of credit disbursement
• Perkembangan terkini, NPL transfer list to JTO
• Latest update on NPL transfer list

28 Nov 2018 Rapat Direksi • Update kemungkinan Financing • Update on possibility of Financing
scheme dengan Cipta Dana scheme with Cipta Dana
• Prognosis November 2018 • November 2018 Prognosis
03 Des 2018 Rapat Direksi • Update loan financing Ciptadana • Update on loan financing Ciptadana
• Pembahasan isi RBB sebelum • Discussion on RBB content before
pembahasan dengan OJK discussion with OJK
• Hasil test dari kredit staff • Test result from credit staff
10 Des 2018 Rapat Direksi • Komite Manajemen Risiko • Risk Management Committee
• Exit meeting OJK • OJK exit meeting
• Update dari prognosa Dec 2018 • Update from Dec 2018 Prognosis
17 Des 2018 Rapat Direksi • KPMG - Review credit process • KPMG - credit process review
• Proposal Corebanking • Proposal Corebanking
• Other – Updated • Other & updated
26 Des 2018 Rapat Direksi • NPL transfer dengan skema Sinarmas • NPL transfer with Sinarmas scheme
• Jadwal RUPSLB • EGMS schedule
• Otomasi proses dari pelaporan ke • Automation process from reporting to
regulator regulator
• Presentation • Presentation
(10)Penilaian (Assessment) Kinerja Direksi (10)Assessment on the Performance of the Board of

Directors
PT Bank JTrust Indonesia Tbk melaksanakan PT Bank JTrust Indonesia Tbk conducts evaluation
proses evaluasi kinerja Direksi terkait rencana dan on the performance of the Board of Directors
strategi Bank yang telah ditentukan sebelumnya. regarding the Bank’s predetermined plans and
Pelaksanaan penilaian dilakukan dengan cara strategies. The assessment is conducted in the
sebagai berikut: following manner:
1) Penilaian Kinerja Direksi dengan Self 1) Performance Appraisal of BODs using Self
Assessment Assessment
• Penilaian individual untuk tiap anggota • The individual ratings for each member of
Direksi akan dilakukan oleh Direktur the Board of Directors shall be conducted
Utama. by the President Director.
• Penilaian kelompok dan kinerja Direktur • The Group’s assessment and performance
Utama akan dilakukan oleh RUPS. of the President Director will be conducted
by the GMS.
• Hasil-hasil dari penilaian kinerja akan • The results of the performance appraisal
diberikan pada RUPS untuk ditelaah dan will be submitted to the GMS for review
dipertimbangkan. and consideration.
a. Pihak yang melakukan penilaian a. The party conducting the assessment

Penilaian kinerja Direksi oleh Dewan Assessment on the performance of the
Komisaris dan kemudian disetujui oleh Board of Directors conducted by the
pemegang saham (shareholder). Board of Commissioners and subsequently
approved by the shareholders.
b. Prosedur pelaksanaan penilaian Kinerja b. Performance appraisal procedures
Rencana Kerja Anggaran Perusahaan Corporate Budget Work Plan (RKAP)
(RKAP) yang telah disahkan melalui which ratified by the GMS
RUPS
Menyusun Draft Key Performance Drafting the Key Performance
Indicator (KPI) Indicator (KPI)
KPI di-review oleh Dewan Komisaris KPI is reviewed by the Board of
dan Komite Nominasi dan Remunerasi Commissioners and the Nomination
and Remuneration Committee
Draft KPI diusulkan kepada Pemegang The draft of KPI is proposed to
Saham Mayoritas (J Trust Co., Ltd.) Majority Shareholders (J Trust Co.,
Ltd.)

Pembahasan KPI antara Tim Teknis PT Technical Team of PT Bank JTrust
Bank JTrust Indonesia Tbk dan Tim Indonesia Tbk and Technical Team of
Teknis Pemegang Saham Shareholders Discussing KPI.
Penandatanganan bersama KPI antara Signing of KPI by PT Bank JTrust
PT Bank JTrust Indonesia Tbk dengan Indonesia Tbk together with
Pemegang Saham Shareholders.
c. Kriteria yang digunakan c. Criteria

• Proses penyusunan Key Performance • The process of drafting the Key
Indicator (KPI) Direksi PT Bank JTrust Performance Indicator (KPI) of
Indonesia Tbk menerapkan metode the Board of Directors of PT Bank
Management By Objective (MBO). JTrust Indonesia Tbk is based on the
Management by Objective (MBO)
method.
• Dengan menerapkan metode MBO • By applying the MBO method

ini yang diukur bukan hanya target that is measured not only financial
keuangan tetapi juga proses. PT targets but also processes. PT Bank
Bank JTrust Indonesia Tbk meyakini JTrust Indonesia Tbk believes that
bahwa dengan metode MBO ini dapat the MBO method can clarify and
memperjelas dan menerjemahkan translate the vision and strategy and
visi dan strategi serta dapat can communicate and link strategic
mengkomunikasikan dan mengaitkan objectives and measures.
berbagai tujuan dan ukuran strategis.
• Setelah KPI secara bankwide/ • After KPI is signed bankwide/per
direktorat ditandatangani, setiap directorate, PT Bank JTrust Indonesia
bulannya PT Bank JTrust Indonesia Tbk always monitor the achievement
Tbk selalu memonitor pencapaian of the target performance according
kinerja terhadap target sesuai KPI. to KPI on a monthly basis.
• Setiap akhir tahun buku KPI tersebut • At the end of each fiscal year, the KPI
akan dievaluasi oleh Pemegang will be evaluated by the Shareholders
Saham untuk mengukur kinerja to measure the performance of the
Direksi. Adapun tahapan dalam BOD. The stages in evaluating the
mengevaluasi nilai KPI pada akhir value of KPI at the end of the year are
tahun adalah sebagai berikut: as follows:

Nilai Self Assessment diusulkan ke pemegang saham
Self Assessment Score is proposed to the Shareholder R
Rev eview
iew
by an
th t a
e
ra chn
Te
Ti ica
m
Te Teams
k ni
l
s
Nil inal Score
inal KPI
ai F
P IF
K
m
ha
Sa
rs
de
ng
a
ol
eg reh
em ha
rn al P of S
Rapat Inte g
tin
M ee
Internal

2) Penilaian Melalui Self Assessment Penerapan 2) Self Assessment on the Implementation of
Tata Kelola Bank Good Corporate Governance
Penilaian kinerja Direksi dilakukan juga melalui Assessment of BOD performance is also
self assessment penerapan tata kelola Bank conducted through self assessment on the
dimana Direksi melalui Corporate Secretary Bank’s governance implementation whereby
Division mengisi Kertas Kerja Self Assessment BOD through Corporate Secretary Division
untuk faktor penilaian pelaksanaan tugas fills the Self Assessment Working Paper
dan tanggung jawab Direksi serta Bank to assess the performance of the duties
menyampaikan laporan hasil self assessment and responsibilities of BOD and the Bank
penerapan tata kelola Bank kepada OJK submits the self assessment report on the
sebagaimana diatur pada Surat Edaran Otoritas implementation of the Bank’s governance to
Jasa Keuangan Nomor 13/SEOJK.03/2017 FSA as stipulated in the Circular Letter Financial
tanggal 17 Maret 2017 Tentang Penerapan Tata Services Authority No. 13/SEOJK.03/2017
Kelola Bagi Bank Umum. dated March 17, 2017 on Implementation of
Good Corporate Governance for Commercial
Banks.
Kriteria/Indikator yang digunakan mencakup 3 Criteria/Indicator used include 3 (three)

(tiga) aspek Governance: aspects of Governance:
1. Penilaian Governance Structure 1. Governance Structure Assessment
Menilai kecukupan struktur dan Assessing the adequacy of Bank’s
infrastruktur tata kelola Bank agar proses governance structure and infrastructure
penerapan prinsip Tata Kelola yang baik so that the process of applying the
menghasilkan outcome yang sesuai Good Governance principles results
dengan harapan Pemangku Kepentingan in an outcome that is in line with the
2. Penilaian Governance Process 2. Governance Process Assessment
Menilai efektivitas proses penerapan Assessing the effectiveness of the process
prinsip Tata Kelola yang didukung oleh of applying the GCG principles supported
kecukupan struktur dan infrastruktur by the adequacy of Bank Governance
Tata Kelola Bank sehingga menghasilkan structure and infrastructure so as to
outcome yang sesuai dengan harapan produce an outcome that is in line with the
Pemangku Kepentingan Bank. expectations of the Bank’s Stakeholders.
3. Penilaian Governance Outcome 3. Governance Outcome Assessment
Menilai kualitas outcome yang memenuhi Assess the quality of outcomes that
harapan Pemangku Kepentingan Bank meet the expectations of the Bank’s
yang merupakan hasil proses penerapan Stakeholders as a result of the process of
prinsip Tata Kelola yang baik yang applying the Good Governance principles
didukung oleh kecukupan struktur dan supported by the adequacy of Bank
infrastruktur Tata Kelola Bank. Governance structure and infrastructure.
3) Penilaian kinerja Direksi juga dilakukan pada 3) The performance evaluation of the Board of
saat pertanggungjawaban laporan tahunan Directors shall also be made at the time of
Bank dalam RUPS Tahunan, dimana RUPS accountability of the Bank’s annual report in the
Tahunan di tahun 2019 ini akan diselenggarakan Annual General Meeting of Shareholders, where
dalam jangka waktu paling lambat 6 (enam) the Annual General Meeting of Shareholders in
bulan setelah tahun buku 2018 berakhir. 2019 will be held within 6 (six) months after
Sebagai gambaran untuk pelaksanaan RUPS the end of fiscal year 2018. As an illustration for
pertanggung-jawaban laporan tahun buku the implementation of the General Meeting of
2017 pada tanggal 28 Juni 2018 merupakan Shareholders’ General Meeting of Shareholders
laporan tahunan perusahaan tahun buku 2017 of the 2017 fiscal year report on June 28, 2018
yang menerangkan tentang keadaan jalannya is the Company’s annual report of for the
perusahaan dan hasil yang telah dicapai fiscal year 2017 explaining the state of the
selama tahun 2017. Selanjutnya menyatakan Company’s progress and the results achieved
serta memberikan pelunasan dan pembebasan in 2017. Subsequently granting full acquittal
tanggung jawab sepenuhnya (vollediq acquit and release (vollediq acquit et decharge) to
et decharge) kepada para anggota Direksi atas all members of the Board of Directors for the
tindakan kepengurusan yang telah mereka management actions undertaken in the fiscal
jalankan selama tahun buku 2017. year 2017.

(11) Program Pelatihan Anggota Direksi (11) Training Program for Members of the Board of
Untuk menunjang pelaksanaan tugas dan Directors
tanggung jawab Direksi, selama tahun 2018 To support the duties and responsibilities of the
beberapa anggota Direksi PT Bank JTrust Board of Directors, in 2018 several members of the
Indonesia Tbk telah mengikuti berbagai program Board of Directors of PT Bank JTrust Indonesia
pelatihan, workshop, konferensi, seminar, antara Tbk have attended various training programs,
lain: workshops, conferences, seminars, among others:
Periode Menjabat
(Sejak Lulus F & P)
Serving Period
No. Name Training, Workshop, Organizer Venue & Time
(After Passing the
Conference, Seminar
F & P)
1 Shigeyoshi Asano 21 Februari 2019 Uji Kompetensi Bidang LSPP Jakarta, 6 Oktober 2018
(Direktur Utama | 21 February 2019 Manajemen Level 5 Jakarta, 6 October 2018
President Director) Competence Test In
Management Level 5
2 Ritsuo Ando (Direktur • 1 Januari s/d a. Workshop Direktorat Internal Hotel Merylin Park
| Director) 19 September Business 2018 Jakarta, 19 Januari 2018
2018 (Direktur Sahid Sudirman Center R.
Utama) b. Workshop Group Ayame Lt. 35 – Jakarta, 17
• 20 September Lending Internal Mei 2018
2018 s/d 31
Desember 2018 Hotel Merylin Park
(Direktur) Jakarta, 19 January 2018
• 1 January to Sahid Sudirman Center R.
19 September Ayame Lt. 35 – Jakarta, 17
2018 (President May 2018
Director)
• 20 September
2018 to 31
December 2018
(Director)
3 Haryanto Budi 1 Januari s/d 31 Workshop Direktorat Internal Hotel Merylin Park
Purnomo (Direktur | Desember 2018 Business 2018 Jakarta, 19 Januari 2018
Director) 1 January to 31 Hotel Merylin Park
December 2018 Jakarta, 19 January 2018
4 Felix Istyono Hartadi 1 Januari s/d 31 a. Workshop Direktorat Internal Hotel Merylin Park
Tiono Desember 2018 Business 2018 Jakarta, 19 Januari 2018
(Direktur | Director) 1 January to 31 Jakarta, 3 Mei 2018
December 2018 b. Digital Seminar KPMG Japan Hotel Merylin Park
Desk Jakarta, 19 January 2018
Jakarta, 3 May 2018
5 Rio Lanasier (Direktur 1 Januari s/d 31 a. Workshop Direktorat Internal Hotel Merylin Park
| Director) Desember 2018 Business 2018 Jakarta, 19 Januari 2018
1 January to 31 Jakarta, 21 Februari 2018
December 2018 b. Seminar Nasional Quo Sekretariat Hotel Merylin Park
Vadis Ekonomi Digital Alumni Kolese Jakarta, 19 January 2018
Indonesia Kanisius Jakarta, 21 February 2018
Angkatan 84
c. Digital Seminar KPMG Japan Jakarta, 3 Mei 2018

Desk Jakarta, 3 May 2018
6 Helmi Arief Hidayat 1 Januari s/d 31 a. Workshop Internal Hotel Merylin Park
(Direktur | Director) Desember 2018 Direktorat Jakarta, 19 Januari 2018
1 January to 31 Business 2018 Sahid Sudirman Center
December 2018 Jakarta, 1 Maret 2018
b. APU PPT Internal Sahid Sudirman Center R.
Ayame Lt. 35 – Jakarta, 17
Mei 2018
Hotel Merylin Park
c. Workshop Group Internal Jakarta, 19 January 2018
Lending Sahid Sudirman Center
Jakarta, 1 March 2018
Sahid Sudirman Center R.
Ayame Fl. 35th – Jakarta,
17 May 2018

(12) Kebijakan Remunerasi dan Fasilitas Bagi Direksi (12) Remuneration Policy and Facilities for Directors
RUPS menyetujui pemberian kuasa kepada Dewan The General Meeting of Shareholders approved
Komisaris Perseroan untuk menetapkan besarnya to grant power to the Board of Commissioners
Remunerasi (gaji, tantiem serta penetapan to determine the amount of Remuneration
fasilitas/benefit/ tunjangan lainnya) bagi anggota (salary, tantiem and establishment of facilities/
Direksi Perseroan berdasarkan rekomendasi dari benefits/other benefits) for the members of the
Komite Remunerasi dan Nominasi. Board of Directors of the Company based on
the recommendations of the Remuneration and
Nomination Committee.
Prosedur Penetapan Remunerasi Direksi Procedure for BOD Remuneration Determination

Komite Remunerasi dan Nominasi menyusun The Remuneration and Nomination
dan mengusulkan rekomendasi remunerasi Committee prepares and recommends the
Direksi dan Dewan Komisaris kepada Dewan remuneration of the Board of Directors and
Komisaris. Board of Commissioners to the Board of
Commissioners.
Dewan Komisaris mengkaji usulan Komite The Board of Commissioners reviews
Remunerasi dan Nominasi serta mengusulkan the proposals of the Remuneration and
kepada RUPS untuk menetapkan remunerasi Nomination Committee and proposes to
Direksi berdasarkan rekomendasi Komite the GMS to determine the remuneration
Remunerasi dan Nominasi. of the Board of Directors based on the
recommendations of the Remuneration and
Nomination Committee.
RUPS yang bertindak mewakili pemegang The GMS acting on behalf of the majority
saham mayoritas menyetujui pemberian shareholders approved to grant power to
kuasa kepada Dewan Komisaris Perseroan the Board of Commissioners to determine
untuk menetapkan besarnya Remunerasi the amount of Remuneration for members
bagi anggota Direksi Perseroan berdasarkan of the Board of Directors based on the
rekomendasi dari Komite Remunerasi dan recommendations of the Remuneration and
Nominasi. Nomination Committee.
Struktur Remunerasi dan Fasilitas Bagi Direksi Remuneration Structure and Facilities for BOD
Jenis Penghasilan Ketentuan
No
Type of Income Terms
1 Gaji Sesuai kebijakan kompensasi, benefit & fasilitas BOC, BOD & EVP
Salary As compensation policies, benefits and facilities BOC, BOD & EVP
2 Tunjangan rutin Sesuai kebijakan kompensasi, benefit & fasilitas BOC, BOD & EVP
Routine Allowance As compensation policies, benefits and facilities BOC, BOD & EVP

Besarnya Remunerasi Masing-Masing Anggota The Amount of Remuneration of Each Member of
Direksi the Board of Directors
Rincian pemberian remunerasi Direksi pada Details of remuneration for BOD as of December
tanggal 31 Desember 2018 yaitu: 31, 2018 are as follows:
Jumlah Remunerasi Per Orang
Tunjangan Per Tahun
Nama Total Remuneration Per Person
Gaji Rutin*) Santunan
Name Tantiem per Year
Salary Routine Benefits
Shigeyoshi Asano **) √ √ - - - √
Ritsuo Ando √ √ - - √ -
Felix Istyono Hartadi Tiono √ √ - - √ -
Yosuke Tanaka √ √ - - - √

Jumlah Remunerasi Per Orang

Tunjangan Per Tahun
Nama Total Remuneration Per Person
Gaji Rutin*) Santunan
Name Tantiem per Year
Salary Routine Benefits
Helmi Arief Hidayat √ √ - - √ -
Haryanto Budi Purnomo √ √ - - √ -
Rio Lanasier √ √ - - √ -
Total (dalam jutaan Rp| Rp11.432 Rp10.109 - - - -

Rp million)
*) Tunjangan Rutin meliputi: Fasilitas Kendaraan, Tunjangan BBM & Supir, Tunjangan Handphone, Tunjangan Hari Raya (THR), Tunjangan Cuti,
Tunjangan Pajak PPh 21
**) Efektif menerima pembayaran remunerasi Oktober 2018
*) Routine Benefits include: Vehicle Facilities, Gas & Driver Allowances, Mobile Allowance, Holiday Allowance (THR), Leave Allowance,
Income Tax Allowance
**) Effective in receiving remuneration payments in October 2018
2.6 Informasi mengenai Kebijakan Remunerasi 2.6 Information on the Remuneration Policy
Berdasarkan Peraturan Otoritas Jasa Keuangan Under the Regulation of the Financial Services
Nomor 45/POJK.03/2015 tanggal 28 Desember Authority Number 45/POJK.03/2015 dated
2015 dan Surat Edaran Otoritas Jasa Keuangan December 28, 2015 and Circular Letter of the
Nomor 40/SEOJK.03/2016 tanggal 26 September Financial Services Authority Number 40/
2016 tentang Penerapan Tata Kelola dalam SEOJK.03/2016 dated September 26, 2016 on the
Pemberian Remunerasi bagi Bank Umum, maka Implementation of Good Corporate Governance
Bank wajib mengungkapkan informasi mengenai in Remuneration for Commercial Banks, the Bank
kebijakan remunerasi dalam Laporan Pelaksanaan shall disclose information regarding remuneration
Tata Kelola, sebagai berikut: policy in the Governance Implementation Report,
as follows:
A. Komite Remunerasi dan Nominasi, meliputi: A. Remuneration and Nomination Committee,

include:
a. Nama anggota, komposisi, tugas dan a. Members’ name, composition, duties and
tanggung jawab responsibilities
Nama Jabatan
Name Position
Mahdi Mahmudy Ketua, Anggota (Komisaris Independen)
Chairman, Member (Independent Commissioner)
Shigeyoshi Asano Anggota (Komisaris)
Member (Commissioner)
N. Krisbiyanto Anggota (Kepala Divisi Human Capital)
Member (Human Capital Division Head)

Tugas dan tanggung jawab Komite Remunerasi Duties and responsibilities of the Remuneration
dan Nominasi sebagai berikut: and Nomination Committee as follows:
• Terkait Remunerasi • Related to Remuneration

i. Melakukan evaluasi terhadap i. Evaluating the remuneration policy,
kebijakan remunerasi, menyusun preparing the payroll system, and
sistem penggajian, dan memberikan provide benefits and recommendation
tunjangan serta rekomendasi kepada to shareholders concerning:
pemegang saham tentang:
- Penilaian terhadap sistem - Assessment of the system; 
tersebut;

-
Opsi yang diberikan, antara lain - Options granted, among other
opsi atas saham; options on the shares;
- Sistem pensiun; dan - Pension systems; and 
- Sistem kompensasi serta manfaat - The system of compensation and
lainnya. other benefits. 
ii. Memberikan rekomendasi kepada ii. Provide recommendations to the
Dewan Komisaris mengenai Board of Commissioners regarding
kebijakan remunerasi bagi anggota the remuneration policy for members
Dewan Komisaris dan Direksi untuk of the Board of Commissioners and
disampaikan kepada RUPS. Board of Directors to be submitted to
the GMS.
iii. Memberikan rekomendasi kepada iii. Provide recommendations to the
Dewan Komisaris mengenai kebijakan Board regarding the remuneration
remunerasi bagi pejabat eksekutif dan policy for executive officers and
karyawan secara keseluruhan untuk employees to be submitted to the
disampaikan kepada Direksi. Board of Directors.
iv. Melaporkan hasil pelaksanaan iv. Report the results of the
tugasnya termasuk memberikan implementation of the tasks including
rekomendasi kepada Dewan providing recommendations to the
Komisaris. Board of Commissioners.
b. Jumlah Rapat Komite Remunerasi dan b. Number of Meetings of the Remuneration

Nominasi yang dilakukan di Tahun 2018 and Nomination Committee conducted in
yaitu: 2018, namely:
Jumlah
Nama Jabatan Jumlah Rapat % Kehadiran
No Kehadiran
Name Position Total Meeting % Attendance
Attendance
1. Mahdi Mahmudy Ketua, Anggota 3 3 100%
(Komisaris Independen)
Chairman, Member
(Independent Commissioner)
2. Shigeyoshi Asano Anggota (Komisaris) 3 3 100%
Member (Commissioner)
3. N. Krisbiyanto Anggota (Kepala Divisi 3 3 100%
Human Capital)
Member (Human Capital
Division Head)
No Tanggal & Waktu Agenda Rapat

Date & Venue Meeting Agenda
1 24 Mei 2018 – Spirit Room Pengusulan anggota BOD dan BOC PT Bank JTrust Indonesia Tbk.
Proposal of BOD and BOC members of PT Bank JTrust Indonesia Tbk.
2 30 Agustus 2018 – Spirit Room a. Perubahan susunan pengurus BOD & BOC PT Bank JTrust Indonesia
Tbk.
Changes in BOD and BOC membership composition of PT Bank
JTrust Indonesia Tbk
b. Penyesuaian remunerasi untuk Direksi dan EVP berdasarkan
persetujuan dari JTrust Co. tanggal 16 April 2018.
Remuneration adjustment for BOD and EVP based on approval of
JTrust Co. on April 16, 2018.
3 10 September 2018 -Spirit Room Penyesuaian remunerasi untuk Direksi dan EVP berdasarkan
pertimbangan dan masukan dari JTrust Co. dan KRN.
Remuneration adjustment for BOD and EVP based on consideration
and input from JTrust Co. and Remuneration and Nomination
Committee (KRN)
c. Remunerasi yang telah dibayarkan c. Remuneration paid to Remuneration and

kepada anggota Komite Remunerasi dan Nomination Committee members for 1
Nominasi selama 1 (satu) tahun yaitu: (one) year, namely:

Jumlah Diterima dalam 1 Tahun *)

Amount Received in 1 Year *)
Anggota Komite Remunerasi dan Nominasi
Jenis Remunerasi dan Fasilitas lain Tahun 2018
Member of Remuneration and Nomination
Type of Remuneration and Other Facilities in 2018
Committee
Orang
Rupiah
Person
Remunerasi (gaji, bonus, tunjangan rutin, tantiem, dan fasilitas 4 **) 6.400.582.310
lainnya dalam bentuk non-natura)
Remuneration (salary, bonus, routine allowance, tantiem, and
other non-natura facilities)
Fasilitas lain dalam bentuk natura (perumahan, transportasi,
asuransi kesehatan dan sebagainya)
Other facilities in the form of benefits in kind (housing,
transportation, health insurance and so on)
- Dapat dimiliki (purna jabatan) 3 **) 558.600.000
- Tidak dapat dimiliki (asuransi D & O, Kendaraan)
- Can be owned (retired)
- Can not be owned (D & O insurance, Vehicle)
Total 3 6.959.182.310
Keterangan | Notes:
*)
Remunerasi yang diterima sudah termasuk pajak
**)
4 orang Komisaris (Penerima honor hanya 2 Komisaris): 1 Direktur Utama dan 1 Kepala Divisi Human Capital. Untuk
1 orang Komisaris hanya dihitung sampai dengan bulan April 2018
*)
Remuneration received includes tax
**)
4 Commissioners (Honorarium only for 2 Commissioners): 1 President Director and 1 Head of Human Capital Division.
For 1 Commissioner only calculated until the end of April 2018
B. Proses penyusunan kebijakan remunerasi, B. The process of preparing the remuneration

meliputi: policy, including:
1.1 Latar Belakang Kebijakan Remunerasi: 1.1. Background of Remuneration Policy:
a. Dalam rangka mendukung pencapaian a. In order to support the achievement
visi Bank dan upaya meningkatkan of the  Bank’s vision and effort, as
competitive advantages diperlukan well as increase the competitive
pengelolaan sumber daya manusia advantages necessary to manage the
(SDM) yang mampu menciptakan nilai human resources (HR), which able to
tambah pada setiap fungsi Utama. create added value on of the main
functions.  
b. Pencapaian target ROI kepada b. Achievement of the ROI target to
pemegang saham yang harus dicapai shareholders should be achieved
tanpa harus mengurangi biaya-biaya without having to reduce the costs of
kompensasi dan benefit. compensation and benefit.
c. Menjaga semangat kerja di organisasi c. Maintaining the spirit in the
dengan menciptakan praktik organization by creating equality
kesetaraan yang adil secara internal practices, which are internally fair
dan kompetitif dengan harga pasar and competitive with market prices,
serta memberlakukan kesamaan as well as impose similarities on the
penerapan sistem kompensasi dan application of compensation and
remunerasi di perusahaan. remuneration system in the Company. 
1.2. Tujuan Kebijakan Remunerasi: 1.2. Remuneration Policy Objectives:  
Tujuan kebijakan dari remunerasi The purpose of the remuneration policy is
adalah menyediakan imbalan kompetitif to provide competitive rewards to attract,
yang menarik, mempertahankan dan maintain and motivate high executives
memotivasi eksekutif tinggi yang that are needed to lead the company
dibutuhkan untuk memimpin perusahaan while ensuring remuneration remains
sambil memastikan imbalan tetap appropriate and proportionate, both
yang tepat dan proporsional, baik bila when compared with market practices
dibandingkan dengan praktik pasar dan and remuneration arrangements for other
pengaturan remunerasi bagi karyawan employees in the company  
lainnya di perusahaan.

1.3 Pelaksanaan kaji ulang atas Kebijakan 1.3. Implementation of the Remuneration
Remunerasi pada tahun sebelumnya, Policy review in the previous year, and
beserta perbaikannya: improvements:
a. Bank telah melakukan kenaikan gaji a. The Bank has conducted a raise based
berdasarkan inflasi yang sesuai PKB on  inflation that consistent with the
perusahaan. Company’s CLA.  
b. Upaya kajian remunerasi dari tahun b. Efforts to review the remuneration
sebelumnya berdasarkan struktur from the previous year based on the
skala gaji berdasarkan market pada structure of the salary scale on the
industri yang sama. market in the same  industry.  
Tahap yang telah dilakukan antara Stages that have been made include:
lain:
a. Analisa jabatan a. Position analysis  
b. Pengumpulan data jabatan b. Data collection on occupation  
c. Evaluasi jabatan dan pembobotan c. Job evaluation and weighting  
d. Grading dan penyusunan struktur d. Grading and preparation of a new
gaji baru berdasarkan salary salary  structure based on the
survey yang sudah dilaksanakan salary survey that will be held in
bulan April 2018. April 2018.  
1.4. Mekanisme untuk memastikan bahwa 1.4.
Mechanisms to ensure that the
Remunerasi bagi Pegawai di unit kontrol Remuneration for Employees in the
bersifat independen dari unit kerja yang control unit is independent from the work
diawasinya: unit that supervises: 
Bank telah memastikan pegawai di unit The Bank has confirmed that the employee
kontrol bersifat independen dari unit in the control unit is independent from
kerja yang diawasi yaitu pejabat yang the unit that he or she supervises, namely
terlibat dalam pengawasan kredit tidak an official involved in the supervision of
mendapat pengaruh, tekanan, tujuan oleh credit is not under the influence, pressure,
Direktur Bisnis (Direktur Kredit). Fungsi- goal by the Business Director (Director
fungsi pejabat yang mewakili four eyes of Credit). The functions of officials
principle and three lines of defence untuk representing the four eyes principle and
remunerasinya ditentukan oleh Direktur three lines of defense for the remuneration
Utama dan Direktur Bidang terkait dengan are determined by the President Director
mempertimbangkan fungsi Human and Director related with the function of
Capital. Human Capital.
C. Cakupan kebijakan Remunerasi dan C. Scope of remuneration policy and its

implementasinya per unit bisnis, per wilayah, implementation by business unit, by region,
dan pada perusahaan anak atau kantor and in the subsidiaries or branches located
cabang yang berlokasi di luar negeri. abroad.

Perusahaan telah memiliki cakupan kebijakan The Company already has coverage of
remunerasi dan implementasinya yang remuneration policy and its implementation
berdasarkan wilayah (Regional) dengan per region by considering the demographic
melihat aspek demografi dan daya beli factor and purchasing power. Meanwhile, per
masyarakat, sedangkan per unit bisnis dan business unit and subsidiary companies or
pada perusahaan anak atau kantor cabang branches located abroad are not available yet.
yang berlokasi di luar negeri belum ada.
D Remunerasi dikaitkan dengan risiko, meliputi: D. Remuneration linked to risks, include:

a. Jenis risiko Utama (key risk) yang a. Main risk types (key risk) that are used
digunakan dalam menerapkan remunerasi, in applying the remuneration include
meliputi risiko kredit, risiko pasar, risiko credit risk, market risk, operational risk,
operasional, risiko kepatuhan, risiko compliance risk, reputation risk, and legal
reputasi, dan risiko hukum. risk.

Risiko Hukum, Risiko Kepatuhan, Risiko Legal Risk, Compliance Risk, Reputation
Reputasi: Risk: 
• Bank komitmen terhadap pemberian • The Bank’s commitment towards
upah tidak kurang dari atau sama remuneration not ≤ of the provincial
dengan upah minimum provinsi. Hal minimum wage.  It is applied to
ini diterapkan untuk karyawan internal internal employees of the Bank as well
Bank maupun karyawan alih daya. as employees of outsourcing.
• Bank patuh terhadap peraturan • The Bank adheres to the government
pemerintah dalam pemberian regulations in the remuneration,
remunerasi yaitu keikutsertaan BPJS namely the participation of BPJS
Ketenagakerjaan, BPJS Kesehatan Employment, BPJS Health and BPJS
dan BPJS Pensiun. Retirement.
• Potensi yang timbul akibat kelemahan • The potential arising from the
aspek yuridis antara lain adanya weakness of the judicial aspect among
tuntutan hukum, ketiadaan peraturan others, the lawsuits and the absence
perundang-undangan, saat ini Bank of legislation. Currently, the Bank has
telah memberikan perlindungan provided protection to employees
kepada karyawan melalui asuransi D & through D & O (Director & Officers)
O (Director & Officers). insurance.
Risiko Kredit: Credit Risk:

• Bank memberikan keringanan subsidi • The Bank provides subsidies relief
di dalam pemberian fasilitas kredit within the credit facility for employees. 
karyawan.
• Bank memberikan retensi, menerapkan • The Bank provides retention, applying
asas kehati-hatian dengan melakukan the principle of prudence with
penilaian agunan serta keaslian surat- the assessment of collateral and
surat jaminan. guarantees the authenticity of the
letters
Risiko Operasional: Operational Risk:

• Bank telah memiliki SOP operasional • The Bank has operational SOPs
terkait pembayaran remunerasi related to remuneration to employees
karyawan dan sedang proses and is in the process of completing
menyelesaikan SOP internal lainnya. other internal SOPs. 
• Bank patuh terhadap ketentuan • The Bank adheres to regulators
regulator dalam pelaporan yang provisions in reporting that related to
terkait dalam hal kepegawaian/ employment. Example: timely manner
kekaryawanan. Contoh: tepat waktu in reporting executive officer training
dalam pelaporan pejabat eksekutif, and more.
pelaporan training dan lainnya.
Risiko Pasar: Market Risk:

• Bank telah turut serta di dalam • The Bank has participated in the
salary survey dalam pemberian salary survey in the remuneration of
remunerasi karyawan melalui lembaga employees through an independent
independen. agency.
b. Kriteria untuk menentukan jenis risiko b. Criteria for determining key risks, including
utama, termasuk untuk risiko yang sulit the qualitative risks.
diukur. Criteria for determining type of key risks,
Kriteria untuk menentukan jenis risiko based on the Bank’s business risks.
utama, dengan berdasarkan kepada risiko
dalam kegiatan usaha Bank.
c. Dampak penetapan risiko utama terhadap c. The impact of determining key risks on
kebijakan Remunerasi yang bersifat the Variable Remuneration, including
Variabel, termasuk yang Remunerasi yang Fixed Remuneration, if any.
bersifat Tetap jika ada. The impact of determining key risks on
Dampak penetapan risiko utama the Variable Remuneration, employees

terhadap kebijakan Remunerasi yang who are in the category of Material Risk
bersifat Variabel, bagi karyawan tersebut Takers will be given deferred Variable
termasuk kategori Material Risk Takers Remuneration in the anticipation of future
akan diberikan Remunerasi yang bersifat problems.
Variabel yang ditangguhkan untuk
menjaga permasalahan-permasalahan
yang muncul di kemudian hari.
d. Perubahan penentuan jenis risiko utama d. The change in the determination of key
dibandingkan dengan penentuan jenis risks compare to that of the prior year,
risiko utama tahun lalu beserta alasannya with its reason if any, including change of
jika ada, termasuk perubahan kriteria. criteria.
Bank tidak menentukan perubahan jenis The Bank did not change the determination
risiko utama untuk tahun 2018. of key risks in 2018.
E. Pengukuran kinerja dikaitkan dengan E. Measurement of performance linked to
Remunerasi, meliputi: Remuneration, including:
a. Tinjauan kebijakan Remunerasi terkait a. Remuneration policy review related to
dengan penilaian kinerja yaitu Bank telah the  assessment of performance where
mengatur di dalam kebijakan remunerasi the Bank has been set up remuneration
berdasarkan penilaian kinerja karyawan policy based on the performance appraisal
(employee appraisal), hasil kinerja diukur (employee appraisal), performance results
berdasarkan pencapaian target. Tahun are measured based on the achievement
2018 Bank menjalankan pemberian of targets. In 2018, the Bank will conduct
kenaikan gaji berdasarkan performance salary increases based on performance
level. level.  
b. Metode dalam mengaitkan Remunerasi b. Methods in linking individual
individu dengan kinerja Bank, kinerja unit Remuneration to Bank performance,
Kerja, dan kinerja individu. Work unit performance, and individual
Bank telah memiliki metode dalam performance.
mengaitkan remunerasi dengan The Bank has a method of linking
berdasarkan kinerja yaitu dengan remuneration with performance-based,
menggunakan metode Management By namely by using the method of balanced
Objective (MBO). scorecard (Financial, Customer, Internal
Process, Learning & Growth).  
c. Uraian mengenai metode yang digunakan c. A description of the method used by the
Bank untuk menyatakan bahwa kinerja Bank to state that the agreed performance
yang disepakati tidak dapat tercapai is achieved so that adjustment of
sehingga perlu dilakukan penyesuaian atas Remuneration is required and the amount
Remunerasi serta besarnya penyesuaian of Remuneration adjustment in the event
Remunerasi jika kondisi tersebut terjadi. that the condition occurs.
Bank telah memberlakukan sistem demosi The Bank has enacted a demotion system
dimana dilakukan pencabutan atas in which revocation of job allowances as a
tunjangan jabatan sebagai konsekuensi consequence of unfulfilled performance is
kinerja yang tidak tercapai. achieved.
F. Penyesuaian Remunerasi dikaitkan dengan F. Remuneration Adjustment is associated with
Kinerja dan Risiko, meliputi: Performance and Risk, including:
a. Kebijakan mengenai Remunerasi yang a. Deferred Variable Remuneration Policy,
bersifat Variabel yang ditangguhkan, amount, and criteria for determining the
besarannya, dan kriteria untuk amount.
menetapkan besaran tersebut. The Bank determines the amount of
Bank menetapkan besarnya remunerasi variable remuneration to the period of
yang bersifat variabel terhadap jangka suspension of the remuneration payment
waktu penangguhan pembayaran is variable to be deferred between 70%
remunerasi bersifat variabel untuk -30% (70% payable in advance and the
ditangguhkan antara 70%-30% (70% remaining 30% deferred payment for 3
dibayarkan terlebih dahulu dan sisanya years, each prorate 10%) to material risk

30% ditangguhkan pembayaran selama taker based on the risk horizon (time
3 tahun, masing-masing prorate 10%) horizon of risk), namely:
kepada pihak material risk taker
berdasarkan jangka waktu risiko (time
horizon of risk), yaitu:
1. Tahun I sebesar 10% (sepuluh persen) 1. Year I amounting to 10% (ten percent)
dari total remunerasi yang bersifat of total remuneration of a variable
variabel. nature.
2. Tahun II sebesar 10% (sepuluh persen) 2. Year II of 10% (ten percent) of total
dari total remunerasi yang bersifat variable remuneration.
variabel.
3. Tahun III sebesar 10% (sepuluh persen) 3. Year III of 10% (ten percent) of total
dari total remunerasi yang bersifat variable remuneration.
variabel.
Pelaksanaan pemberian remunerasi Implementation of variable remuneration

bersifat variabel di J Trust Bank sampai in J Trust Bank until now is unavailable
saat ini belum ada dikarenakan kondisi due to the condition of the Company that
perusahaan yang masih merugi. Bank telah is still losing. The Bank has set business
melakukan skema insentif bisnis yang incentive scheme that will be granted
diberikan berdasarkan target pencapaian. based on the target achievement.  
b. Kebijakan Bank mengenai Remunerasi b. The Bank Policy on Deferred Variable
yang bersifat Variabel yang ditangguhkan Remuneration (Malus), or withdrawn in
yang ditunda pembayarannya (Malus), the event that it has been paid (clawback).
atau ditarik kembali dalam hal sudah
dibayarkan (clawback).
Bank mengatur terhadap kriteria aturan The Bank has set the malus and clawback
malus dan clawback, yaitu: rule criteria, namely:  
1. Penurunan kinerja yang secara drastis 1. Drastic decline in performance from
dari tahun sebelumnya yang tercermin the previous  year’s which is reflected
di dalam Key Performance Indicator in the key performance Indicator
(KPI) Direksi. (KPI) of the Board of Directors. By
Yang dimaksud “kinerja” adalah “performance” means the financial
kinerja keuangan, kinerja bank, dan performance, the performance of the
kinerja individu. bank, and individual performance.  
2. Peningkatan Non Performing Loan 2. The increase in Non-Performing Loans
(NPL) yang cukup tinggi sehingga (NPLs) are high enough to disrupt the
mengganggu kinerja keuangan Bank. financial performance of the Bank.
3. Terjadinya fraud yang dilakukan 3. The occurrence of fraud conducted
oleh pihak material risk taker yang by material risk takers that result in
mengakibatkan kerugian Bank. losses of the Bank.
Yang dimaksud “material risk taker” By “material risk takers” means
adalah Direksi dan/atau Pegawai the Board of Directors and/or
lainnya yang karena tugas dan other Personnel whose tasks and
tanggung jawabnya mengambil responsibilities is making decisions
keputusan yang berdampak signifikan that have a significant impact on the
terhadap profil risiko Bank. Bank’s risk profile.
4. Kondisi Bank masuk dalam status 4. The Bank’s condition is under
pengawasan khusus atau Bank dalam special surveillance status or the
penyehatan sesuai ketentuan dalam Bank is in restructuring program as
status dan tindak lanjut pengawasan stipulated in the status and follow-
Bank Umum konvensional. up of conventional Commercial Bank
supervision.
G. Penyesuaian Remunerasi dikaitkan dengan G. Remuneration Adjustment related to
Kinerja dan Risiko sebagaimana butir f.1) juga Performance and Risk as per item f.1) also
meliputi: includes:

a. Kebijakan pembayaran (vesting) atas a. The vesting policy of the suspension,
penangguhan yang dilakukan antara lain among other things, is the term of
jangka waktu pembayaran. payment.
Kondisi saat ini Bank belum mengatur The current condition of the Bank has not
secara rinci Kebijakan pembayaran atas been set in detail the policy for suspension
penangguhan yang dilakukan berdasarkan payment made based on a period of time.
jangka waktu.
b. Pengungkapan faktor yang menentukan b. Disclosure of factors that determine
perbedaan Remunerasi yang bersifat the differences of Deferred Variable
Variabel yang ditangguhkan di antara Remuneration among Employees or
Pegawai atau kelompok Pegawai, jika ada. group of Employees, if any.
Remunerasi yang bersifat Variabel yang
ditangguhkan diperuntukkan bagi karyawan Deferred Variable Remuneration is
yang termasuk dalam kategori Material Risk intended for employees who fall into the
Takers akan dituangkan dalam pedoman. category of Material Risk Takers to be set
forth in the guidelines.
H. Nama konsultan ekstern dan tugas konsultan H. Name of external consultants and consulting
terkait kebijakan Remunerasi, dalam hal Bank assignments related to Remuneration policy,
menggunakan jasa konsultan ekstern. in the event the Bank uses external consulting
Perusahaan untuk saat ini tidak menggunakan services.
jasa konsultan terkait dengan kebijakan Currently, the Company does not use consultant
remunerasi. services regarding the remuneration policy.
I. Paket Remunerasi dan fasilitas yang diterima I. Remuneration Package and facilities received
oleh Direksi dan Dewan Komisaris mencakup by the Board of Directors and Board of
struktur Remunerasi dan rincian jumlah Commissioners include remuneration
nominal, sebagaimana dalam tabel di bawah structure and details of the nominal amount,
ini: as shown in the table below:
Jumlah Diterima dalam 1 (Satu) Tahun *)
Amount received in 1 (One) Year *)
Jenis Remunerasi dan Fasilitas Tahun 2017
Dewan Komisaris | BOC Direksi | BOD
Type of Remuneration and Facilities in 2017
Orang Orang
Rupiah Rupiah
Person Person
Remunerasi (gaji, bonus, tunjangan rutin, 4 **) 7.602.153.643 6 18.210.568.830
tantiem, dan fasilitas lainnya dalam bentuk non
natura)
Remuneration (salary, bonus, routine allowance,
tantiem, and other non-natura facilities)
Fasilitas lain dalam bentuk natura (perumahan,
transportasi, asuransi kesehatan dan sebagainya)
yang:
- Dapat dimiliki (purna jabatan) 4 **) 768.000.000 6 1.687.857.600
- Tidak dapat dimiliki (asuransi D&O, Kendaraan)
Other Facilities in the form of benefits in kind
(housing, transportation, health insurance etc)
that:
- Can be owned (after retirement)
- Can not be owned (D&O insurance, Vehicle)
Total 4 8.370.153.643 6 19.898.426.430
Keterangan | Information:
*) Remunerasi yang diterima sudah termasuk pajak
**) Komisaris tahun 2017 terdiri dari 6 orang (penerima honor 4 orang)
The Commissioners in 2017 consisted of 6 persons (among which 4 persons received honorarium)

Jumlah Diterima dalam 1 (Satu) Tahun *)

Amount received in 1 (One) Year *)
Jenis Remunerasi dan Fasilitas Tahun 2018
Dewan Komisaris | BOC Direksi | BOD
Type of Remuneration and Facilities in 2018
Orang Orang
Rupiah Rupiah
Person Person
Remunerasi (gaji, bonus, tunjangan rutin, tantiem, 4 **) 5.623.497.300 7 18.634.402.806
dan fasilitas lainnya dalam bentuk non natura)
Remuneration (salary, bonus, routine allowance,
tantiem, and other non-natura facilities)
Fasilitas lain dalam bentuk natura (perumahan,
transportasi, asuransi kesehatan dan sebagainya)
yang:
- Dapat dimiliki (purna jabatan) 4 **) 768.000.000 6 ***) 1.687.857.600
- Tidak dapat dimiliki (asuransi D&O, Kendaraan)
Other Facilities in the form of benefits in kind
(housing, transportation, health insurance etc) that:
- Can be owned (after retirement)
- Can not be owned (D&O insurance, Vehicle)
Total 4 6.391.497.300 6 20.322.260.406
Keterangan | Information:
*) Remunerasi yang diterima sudah termasuk pajak
**) Komisaris tahun 2018 terdiri dari 5 orang (penerima honor 4 orang)
The Commissioners in 2018 consisted of 5 persons (among which 4 persons received honorarium)
***) Penerima fasilitas purna jabatan Direksi 6 orang
Beneficiary of BOD post service facility: 6 persons

J. Paket Remunerasi yang dikelompokkan dalam J. Remuneration Package grouped in levels of
tingkat penghasilan yang diterima oleh Direksi income received by the Board of Directors
dan anggota Dewan komisaris dalam 1 (satu) and the Board of Commissioners in 1 (one)
tahun, sebagaimana dalam tabel di bawah ini: year, as shown in the table below:
Jumlah Komisaris Jumlah Direksi
Jumlah Remunerasi per Orang dalam 1 (Satu) Tahun *) Number of Commissioners Number of Directors
Total Remuneration per Person per Year *)
2017 2018 2017 2018
Di atas Rp2 miliar | Above Rp2 billion - - 6 5
Di atas Rp1 miliar s.d. Rp2 miliar | Above Rp1 billion to 4 4 - 2
Rp2 billion
Di atas Rp500 juta s.d. Rp1 miliar | Above Rp500 million - - - -
to Rp1 billion
Rp500 juta ke bawah| Up to Rp500 million - - - -
Keterangan | Notes:
*) yang diterima secara tunai | received in cash
*) Remunerasi yang diterima sudah termasuk pajak | Remuneration received includes tax
K. Remunerasi yang bersifat variabel, meliputi: K. Variable Remuneration includes:

a. Bentuk Remunerasi yang bersifat Variabel a. Form of Variable Remuneration and the
beserta alasan pemilihan bentuk tersebut. reason for choosing it.
Bank telah menetapkan bentuk The Bank has established the form of
remunerasi yang bersifat Variabel yaitu Variable remuneration, namely bonus and
Bonus dan saham/instrumen berbasis shares/share-based instrument, by putting
saham dengan pertimbangan bahwa into consideration that bonus/shares are
bonus/saham diberikan berdasarkan hasil given based on the performance of the
kinerja Bank dimana setiap tahun akan Bank, and each year will have different
berbeda pencapaiannya. achievements.
b. Penjelasan dalam hal terdapat b. Explanation in the case of differences in
perbedaan pemberian Remunerasi yang the provision of Variable Remuneration
bersifat Variabel di antara para Direksi, among Board of Directors, Board of
Dewan Komisaris dan/atau Pegawai, Commissioners and/or Employees,
termasuk penjelasan faktor-faktor yang including the explanation of the factors
menentukan perbedaan tersebut beserta that determine the differences and the
pertimbangan yang mendasarinya. underlying considerations.

Bank belum menetapkan perbedaan
The Bank has not established differences
pemberian remunerasi yang bersifat in variable remuneration among the
Variabel di antara para Dewan komisaris, Board of Commissioners, Directors and
Direksi, dan pegawai. employees.
L. Jumlah Direksi, Dewan Komisaris, dan Pegawai L. Number of Directors, Commissioners,
yang menerima remunerasi yang bersifat and Employees who received variable
Variabel selama 1 (satu) tahun dan total remuneration for 1 (one) year and the total
nominal sebagaimana dalam tabel di bawah nominal as shown in the table below:
ini:
Jumlah Diterima dalam 1 (satu) Tahun | Amount Received in 1 (one) Year
Remunerasi yang Bersifat Direksi Dewan Komisaris Pegawai
Variabel Board of Directors Board of Commissioners Employee
Variable Remuneration
Orang Juta Rp Orang Juta Rp Orang Juta Rp
Person Rp million Person Rp million Person Rp million
Bonus/Saham | Bonus/ N/A N/A N/A N/A N/A N/A
Share
Total N/A N/A N/A N/A N/A N/A
M. Jabatan dan jumlah pihak yang menjadi M. Position and the number of parties that
Material Risk Takers (MRT) become Material Risk Takers (MRT)
Bank sedang meminta persetujuan untuk The Bank is requesting approval for the
jabatan yang digolongkan ke dalam MRT yang position classified as MRT, which currently
kondisi saat ini fokus pada bidang kredit, yaitu: focus on the areas of credit, namely: the Board
Dewan Komisaris, Direksi, dan EVP. of Commissioners, the Board of Directors, and
EVP.
N. Shares option yang dimiliki Direksi, Dewan N. Shares option for the Board of Directors,
komisaris, dan Pejabat Eksekutif the Board of Commissioners, and Executive
Shares option adalah opsi untuk membeli Officers
saham oleh anggota Direksi, anggota Dewan Shares option is an option to purchase shares
Komisaris, dan/atau Pejabat Eksekutif by members of the Board of Directors, the
yang dilakukan melalui penawaran saham Board of Commissioners, and/or Executive
atau penawaran opsi saham dalam rangka Officer and is executed through stock
pemberian kompensasi yang diberikan kepada offering or stock option as compensation to
anggota Direksi, anggota Dewan Komisaris, members of the Board of Directors, Board
dan/atau Pejabat Eksekutif Bank, dan yang of Commissioners, and/or Executive Officers
diputuskan dalam Rapat Umum Pemegang of the Banks, and is decided in the General
Saham dan/atau Anggaran Dasar Bank. Meeting of Shareholders and/or the Articles
of Association of the Bank.
Pengungkapan mengenai shares option Disclosures regarding the minimum shares

minimal mencakup: option include: 
1) Kebijakan dalam pemberian shares option. 1) The policy in granting shares option. 
2) Jumlah saham yang telah dimiliki masing- 2) The number of shares owned by each
masing anggota Dewan Komisaris, Direksi member of the Board of Commissioners,
dan Pejabat Eksekutif sebelum diberikan the Board of Directors and Executive
shares option. Officers before being given shares option.
3) Jumlah shares option yang diberikan. 3) The number of shares option given. 
4) Jumlah shares option yang telah 4) Number of shares option that has been
dieksekusi sampai dengan akhir masa executed by the end of the reporting
pelaporan. period. 
5) Harga opsi yang diberikan. 5) Pricing of options. 
6) Jangka waktu berlakunya eksekusi shares 6) The validity period of shares option
option. execution.

Selama tahun 2018 tidak ada shares option In 2018, there was no share option as referred
dimaksud pada angka 2) s/d. angka 6) to in item 2) until item 6), as shown in the
sebagaimana tabel berikut: following table:
Jumlah Opsi
Number of Option
Jumlah Saham yang Yang Yang telah Harga Opsi Jangka
Keterangan/Nama dimiliki (lembar saham) diberikan dieksekusi Option Waktu
Note/name Total Number of shares (lembar (lembar Pricing Period
owned (Shares) saham) saham) (Rp)
Provided Executed
(Shares) (Shares)
Komisaris (nama)
Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A
Commissioner (Name)
Direksi
(nama)
Board of Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A
(Name)
Directors
Pejabat
Eksekutif
(total) Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A
Executive
Officers
Total Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A Nihil | N/A
O. Rasio gaji tertinggi dan terendah O. The ratio of highest and lowest salaries
Gaji adalah hak pegawai yang diterima dan Salary is the right of employees who accepted
dinyatakan dalam bentuk uang sebagai and expressed in terms of money as a reward
imbalan dari perusahaan/pemberi Kerja from the company/employer to employees,
kepada pegawai yang ditetapkan dan which is determined and paid according to
dibayarkan menurut suatu perjanjian Kerja, Labor agreement, contracts, or prevailing
kesepakatan, atau peraturan perundang- regulation for such profession and/or the
undangan atas suatu pekerjaan dan/atau jasa services rendered.
yang telah dilakukannya.
Berikut adalah Rasio gaji tertinggi dan Below is the ratio of the highest and lowest
terendah tahun 2017 dan 2018, dalam skala salaries in 2017 and 2018, in the scale of
perbandingan: comparison:
Skala Perbandingan
Rasio | Ratio Comparative Scale
2017 2018
Rasio gaji pegawai yang tertinggi dan terendah 1 : 23 1 : 25
The ratio of highest and lowest employee salaries
Rasio gaji Direksi yang tertinggi dan terendah 1 : 2,5 1 : 2,3
The ratio of highest and lowest Director salaries
Rasio gaji Dewan Komisaris yang tertinggi dan terendah 1:1 1:1
The ratio of highest and lowest Commissioner salaries
Rasio gaji Direksi tertinggi dan pegawai tertinggi 1:3 1 : 2,5
The ratio of highest salaries of Director and Employee
Gaji yang diperbandingkan dalam rasio The comparable salary in the salary ratio is
gaji tersebut adalah imbalan yang diterima the remuneration received by members of the
oleh anggota Dewan Komisaris, Direksi dan Board of Commissioners, Board of Directors
pegawai per bulan. Yang dimaksud dengan and employees per month. Employee means
pegawai adalah pegawai tetap PT Bank JTrust permanent employee of PT Bank JTrust
Indonesia Tbk dari tingkat pelaksana sampai Indonesia Tbk from executive level to the
Kepala Divisi. Head of Division.

P. Jumlah penerima dan jumlah total Remunerasi P. Number of recipients and the total amount
yang bersifat Variabel yang dijamin tanpa of variable remuneration that are guaranteed
syarat akan diberikan oleh Bank kepada calon unconditionally will be provided by the Bank
Direksi, calon Dewan Komisaris, dan/atau to candidates of the Board of Directors,
calon Pegawai selama 1 (satu) tahun pertama candidates of the Board of Commissioners,
bekerja and/or prospective employee for 1 (one) year,
during the first year of work
Kondisi saat ini Bank belum memberikan Under current condition, the Bank was not able
remunerasi yang bersifat Variabel, sehingga to provide variable remuneration, thus there
belum ada pegawai yang menerima were no employees receiving remuneration
remunerasi yang dijaminkan tanpa syarat akan pledged unconditionally provided by the
diberikan oleh Bank. Bank.
Q. Jumlah Pegawai yang terkena pemutusan Q. Number of Employees affected by layoffs and
hubungan kerja dan total nominal pesangon the total amount of severance paid as in the
yang dibayarkan sebagaimana dalam tabel di table below:
bawah ini:
Bank telah menjalankan Program Pensiun The Bank has conducted Non-Eligible
Dini (Early Retirement Program) Non Eligible Early Retirement Program through BOD
melalui SK Direksi No.06.01/S.Kep-Dir-HCD/ Decision Letter No. No.06.01/S.Kep-Dir-
JTRUST/X/2017 tanggal 6 Oktober 2017 dan HCD/JTRUST/X/2017 dated October 6, 2017,
Voluntary Separation Scheme (VSS) bagi and Voluntary Separation Scheme (VSS)
karyawan dasar melalui SK Direksi No.24.01/S. for employees of basic level through BOD
Kep-Dir-HCD/JTRUST/X/2017 tanggal 24 Decision Letter No. No.24.01/S.Kep-Dir-HCD/
Oktober 2017 yang merupakan penjabaran JTRUST/X/2017 dated October 24, 2017,
PKB Tahun 2016-2018 pada pasal 16 Batas which was elaborated from the PKB of 2016-
Usia Karyawan butir 3 dimana karyawan 2018, article 16 on Employee Age Limit, point
yang mencapai usia sekurang-kurangnya 3 wherein employees who reach the age of at
46 tahun dengan masa kerja 10 tahun atau least 46 years or having 10 years of service,
belum mencapai 46 tahun tetapi sudah or has not reached 46 years but already has
memiliki masa kerja lebih dari 15 tahun dapat more than 15 years of service, are entitled for
mengajukan pensiun dipercepat. Kemudian early retirement. During 2018, the number of
selama tahun 2018 jumlah Karyawan yang outgoing employees due to work severance,
menerima Pemutusan Hubungan Kerja (PHK) normal retirement, or voluntary resignation,
atau pemberhentian karena Karyawan pensiun along with the severance payment paid, is as
normal dan atas permintaan Karyawan sendiri follows:
mengundurkan diri, dengan nominal pesangon
yang dibayarkan adalah sebagai berikut:
Jumlah Nominal Pesangon yang dibayarkan per orang dalam 1 (Satu) Tahun 2018 Jumlah Pegawai
Amount of severance paid to an individual in a year 2018 Total Employees
Di atas Rp1 miliar | Above Rp1 billion 0
Di atas Rp500 juta s.d. Rp1 miliar | Above Rp500 million to Rp1 billion 1
Rp500 juta ke bawah | Up to Rp500 million 61
R. Jumlah total Remunerasi yang bersifat R. The total amount of suspended variable
Variabel yang ditangguhkan, yang terdiri dari remuneration consisting of cash and/or shares
tunai dan/atau saham atau instrumen yang or share-based instrument issued by the Bank
berbasis saham yang diterbitkan Bank. The Bank has not provided compensation in
Bank belum memberikan kompensasi dalam the form mentioned above.
bentuk tersebut di atas.
S. Jumlah total Remunerasi yang bersifat S. The total amount of suspended variable
Variabel yang ditangguhkan yang dibayarkan remuneration paid out in 1 (one) year 
selama 1 (satu) tahun The Bank has not provided compensation in
Bank belum memberikan kompensasi dalam the form mentioned above.
bentuk tersebut di atas.
T. Rincian jumlah Remunerasi yang diberikan T. Details of the amount of Remuneration given
dalam 1 (satu) tahun, meliputi: in 1 (one) year, include:

A. Remunerasi yang Bersifat Tetap *) | Fixed Remuneration *)
1. Tunai | Cash Rp33.394.441.147
2. Saham/instrumen yang berbasis saham yang diterbitkan Bank | N/A

Shares based instrument or shares published by Bank
B. Remunerasi yang Bersifat Variabel *) | Tidak Ditangguhkan Ditangguhkan
Variable Remuneration *) Non Deferred Deferred
1. Tunai | Cash N/A N/A
2. Saham/instrumen yang berbasis saham yang diterbitkan Bank N/A N/A

Shares based instrument or shares published by Bank
Keterangan | Note:
*) Hanya untuk MRT dan diungkapkan dalam juta Rupiah | Only for MRT and disclosed in million Rupiah
U. Informasi kuantitatif U. Quantitative information

a. Total sisa Remunerasi yang masih a. Total remaining of deferred Remuneration
ditangguhkan baik yang terekspos exposed by both implicit or explicit
penyesuaian implisit maupun eksplisit. adjustments.
b. Total pengurangan Remunerasi yang b. Total deductions on the Remuneration
disebabkan karena penyesuaian eksplisit caused by explicit adjustments during the
selama periode laporan. reporting period.
c. Total pengurangan Remunerasi yang c. Total deductions on the Remuneration
disebabkan karena penyesuaian implisit due to imp
selama periode laporan.
Bank belum melakukan informasi kuantitatif The Bank has not conducted quantitative
terkait total sisa Remunerasi yang masih information related to the total remaining of
ditangguhkan baik yang terekspos deferred remuneration which was exposed by
penyesuaian implisit maupun eksplisit, beserta both implicitly or explicitly adjustment, along
total pengurangan Remunerasi baik yang with the total reduction of remuneration due
disebabkan karena penyesuaian eksplisit dan to the explicit and implicit adjustments during
implisit selama periode laporan. the reporting period.
Total Pengurangan Selama Periode Laporan
Total Reduction During the Reporting Period
Sisa yang Masih
Jenis Remunerasi yang Bersifat Disebabkan Disebabkan
Ditangguhkan
Variabel *) Penyesuaian Eksplisit Penyesuaian Implisit
The Deferred Total
Variabel Remuneration *) (A) (B)
Remaining (A)+(B)
Due to Explicit Due to Implicit
Adjustment (A) Adjustment (B)
a. Tunai (dalam juta Rupiah)

N/A N/A N/A
Cash (in million Rupiah)
b. Saham/Instrumen yang
berbasis saham yang
diterbitkan Bank (dalam
lembar saham dan nominal
juta Rupiah yang merupakan
konversi dari lembar saham
N/A N/A N/A N/A
tersebut)
Shares/share-based
instruments issued by the
Bank (in number of shares and
nominal million Rupiah which
is a conversion of such shares)
N/A N/A N/A N/A
Keterangan | Note:
*) Hanya untuk MRT | Only for MRT

c. Informasi mengenai Kebijakan Remunerasi c. Information on the Remuneration Policy
Dewan Komisaris dan Direksi of the Board of Commissioners and Board
of Directors
(dalam jutaan Rupiah) (in million Rupiah)
Remunerasi Board of Commissioners Board of Directors Remuneration
2017 2018 2017 2018
Honorarium/Gaji Pokok 3.918 2.720 10.122 9.463 Honorarium/Salary
Fasilitas Kendaraan 320 267 189 196 Vehicle Allowance
Tunjangan BBM & Supir 264 192 469 570 Fuel & Driver Allowance
Tunjangan Handphone 24 17 60 68 Handphone Allowance
Tunjangan Hari Raya (THR) 688 688 1.595 1.775 Holiday Allowance
Tunjangan Cuti 413 344 793 667 Leave Allowance
Tunjangan Pajak PPh21 1.975 1.395 4.983 5.896 PPh21 Tax Allowance
Purna Jabatan 768 768 1.687 1.688 Retirement
Jumlah 8.370 6.391 19.898 20.323 Total
2.7. Transaksi yang Mengandung Benturan Kepentingan 2.7 Transactions Involving Conflict of Interest
Transaksi yang menyebabkan terjadinya benturan Transactions that caused conflicts of interest
kepentingan antara Bank dengan pribadi pemilik, between the Bank and the owners, members of the
anggota Dewan Komisaris, anggota Direksi, Pejabat Board of Commissioners, members of the Board of
Eksekutif, dan/atau pihak lain yang terkait dengan Directors, Executive Officers, and/or other parties
Bank, maka bagi anggota Dewan Komisaris, anggota related to the Bank, then the members of the
Direksi, Pejabat Eksekutif dilarang mengambil Board of Commissioners, members of the Board of
tindakan/keputusan yang dapat merugikan Bank Directors, Executive Officers are prohibited from
atau mengurangi keuntungan Bank. taking actions/decisions that may inflict damage
to the Bank or reduce the profit of the Bank.
Dalam menjalankan tugas dan tanggung jawab In carrying out the day-to-day duties and
sehari-hari untuk melakukan hubungan bisnis responsibilities in doing business relationship with
dengan nasabah, rekanan maupun dengan rekan customers, partners and their co-workers, as well
sekerja, serta menjaga kepentingan publik, PT as safeguarding public interests, PT Bank JTrust
Bank JTrust Indonesia Tbk senantiasa menjunjung Indonesia Tbk always strives to uphold personal
tinggi integritas pribadi dan profesionalisme integrity and excellent professionalism, which is
yang luhur, yang dituangkan dalam bentuk manifested in a Corporate Ethics guidelines of the
buku Pedoman Etika Korporasi perusahaan dan company to serve as ethical and behavioral standards
Pernyataan Fakta Integritas sebagai standar etika which must be applied as guidelines by all members
dan perilaku yang wajib dijadikan pedoman oleh of the Bank (the Board of Commissioners, Board of
seluruh anggota Bank (Dewan Komisaris, Direksi Directors and Permanent/Contract Employees).
dan Karyawan Tetap/Kontrak).
Buku Pedoman Etika Korporasi perusahaan dan Corporate Ethics guidelines of the company
Pernyataan Fakta Integritas telah mengatur hal- governs matters which should be avoided to
hal yang harus dihindari untuk mencegah potensi prevent potential conflicts of interest in every
terjadinya benturan kepentingan dalam setiap activity with customers, partners or among
aktivitas dengan para nasabah, rekanan atau members of the Bank, including in decision-
antara sesama anggota Bank, termasuk dalam making.
pengambilan keputusan.
Selama tahun 2018 tidak ada transaksi yang During 2018 there were no transactions which
mengandung benturan kepentingan, sebagaimana contain conflict of interest, as the table below:
tabel berikut:

Nama dan Jabatan

Pihak yang Nama dan Jabatan
Nilai Transaksi
Memiliki Benturan Pengambil
Jenis Transaksi (jutaan Rupiah) Keterangan *)
No. Kepentingan Keputusan
Type of Transactions Total Transactions Description *)
Name and Position of Name and Position of
(million Rupiah)
Parties with Conflict Policymaker
of Interest
1 Tidak ada | None Tidak ada | None Tidak ada | None Tidak ada | None Tidak ada | None
Keterangan | Notes:
*) Tidak sesuai sistem dan prosedur yang berlaku
Against existing systems and procedures
2.8 Kepemilikan saham anggota Dewan Komisaris 2.8.

Shareholding of members of the Board of
dan anggota Direksi yang mencapai ≥5% (lima Commissioners and Board of Directors Which
persen) dari modal disetor, yang meliputi jenis reached ≥5% (five percent) of the paid-up
dan jumlah lembar saham pada Bank tersebut, capital, which includes the type and number
Bank lain, Lembaga Keuangan Bukan Bank, dan of shares in the Bank, other banks, Non-Bank
Perusahaan Lain yang berkedudukan baik di Financial Institutions, and other companies,
dalam maupun di luar negeri. which domiciled locally or abroad.

Selama tahun 2018 kepemilikan saham oleh In 2018, there is no member of the Board of
anggota Dewan Komisaris dan anggota Direksi Commissioners, and member of the Board of
yang mencapai ≥5% (lima persen) dari modal Directors who own shares constituting more than
disetor telah diungkapkan dalam hubungan afiliasi. five percent of the paid-up capital at another
company.
2.9 Hubungan Keuangan dan Hubungan Keluarga 2.9 Financial and family relations of members of the
anggota Dewan Komisaris dan anggota Direksi Board of Commissioners and Board of Directors
Selama tahun 2018 tidak ada hubungan keuangan During 2018 there was no financial and family
dan hubungan keluarga anggota Dewan Komisaris relations of members of the Board of Commissioners
dan Direksi dengan anggota Dewan Komisaris and Board of Directors with another members of
lainnya, Direksi lainnya dan/atau Pemegang Saham the Board of Commissioners, Board of Directors
Pengendali Bank sebagaimana telah diungkapkan and/or Controlling Shareholders of the Bank.
dalam hubungan afiliasi.
2.10 Pembelian Kembali (Buy Back) Saham dan/atau 2.10 The buyback of the Bank’s shares and/or bonds
Obligasi Bank Shares buyback or bonds buyback is the effort to
Pembelian kembali (Buy back) saham atau obligasi reduce the number of shares or bonds issued by
Bank adalah upaya mengurangi jumlah saham/ the Bank by repurchasing said shares or bonds,
obligasi yang telah diterbitkan Bank dengan cara which payment mechanism is carried out subject
membeli kembali saham atau obligasi tersebut to the prevailing laws.
dengan tata cara pembayaran dilaksanakan sesuai
dengan ketentuan yang berlaku.
Pengungkapan mencakup: The disclosure include:

a. Kebijakan dalam melakukan pembelian a. The shares and/or bonds buyback policy;
kembali (Buy back) saham/obligasi Bank.
b. Jumlah lembar saham dan/atau obligasi yang b. The number of repurchased shares and/or
dibeli kembali. bonds;
c. Harga pembelian kembali per lembar saham c. The price of shares and/or bonds buyback;
dan/atau obligasi.
d. Peningkatan laba per lembar saham dan/atau d. The increase profit per share and/or bond.
obligasi.
Selama tahun 2018 tidak ada Pembelian kembali In 2018 there were no shares and/or bonds
(Buy back) saham atau obligasi Bank yang terjadi buyback by the Bank in PT Bank JTrust Indonesia
di PT Bank JTrust Indonesia Tbk. Tbk.

2.11 Informasi tentang Kode Etik Emiten/Perusahaan 2.11 Information on the Issuer’s Code of Ethics
Publik
a) Pokok-pokok kode etik a) Principles of the code of ethics
a. Dasar hukum Etika Korporasi berpedoman  a. The legal basis of Corporate Ethics is
pada ketentuan dalam Anggaran Dasar PT based on the provisions of the Articles of
Bank JTrust Indonesia Tbk. Association of PT Bank JTrust Indonesia
Tbk. 
b. Etika Korporasi ini digunakan sebagai b. The Corporate ethics is used as a reference
acuan bagi Anggota Bank dalam for the Member of the Bank in conducting
menjalankan dan membina hubungan and fostering business relationships with
bisnis dengan nasabah, rekanan dan rekan customers, partners and co-workers in
sekerja sehingga tercipta Anggota Bank order to create Members with integrity,
yang memiliki integritas, loyalitas dan loyalty and dedication.
berdedikasi tinggi.
c. Etika Korporasi memungkinkan Anggota c. Corporate Ethics allows Member of
Bank untuk secara cepat mengetahui the Bank to promptly identify the
adanya penyimpangan dalam menjalankan irregularities in the operations so it can
usaha sehingga menjaga anggota Bank keep the members of the Bank away
dari melakukan hubungan bisnis yang from conducting an unhealthy business
kurang baik. Meskipun demikian tidak practices. Nevertheless, it is not intended
bertujuan untuk mencampuri kehidupan to interfere in the private lives of the
pribadi dari Anggota Bank. Member of the Bank.
b) Bentuk sosialisasi kode etik dan upaya b) The form of code of conduct socialization and
penegakannya enforcement effort
Dilakukan sosialisasi bagi seluruh karyawan Socialization is conducted to all employees,
terutama Anggota Bank pada saat bergabung especially Member of the Bank at the time
di PT Bank JTrust Indonesia Tbk dalam of joining PT Bank JTrust Indonesia Tbk in
bentuk buku Etika Korporasi, dimana seluruh the form of Corporate Ethics book, which all
karyawan memahami akan kerahasiaan employees understand the confidentiality of
informasi dan konsekuensinya. information and its consequences.
c) Pernyataan bahwa kode etik berlaku bagi c) A statement that the code of ethics is
anggota Direksi, anggota Dewan Komisaris, applicable to members of the Board of
dan karyawan Emiten Directors, Board of Commissioners, and
Pernyataan dilakukan dengan mengisi annual employees of the Issuer 
statement 1 (satu) tahun sekali. Anggota The statement is conducted by filling out
Bank harus memahami dan mengetahui annual statement annually. Members of the
bahwa seluruh informasi yang berhubungan Bank must understand and acknowledge
dengan Bank dan nasabah bersifat rahasia that all information relating to the Bank
sebagaimana tercantum dalam Undang- and the customer is confidential as stated
Undang kerahasiaan Bank dan peraturan in Bank Secrecy Act and other legislation
lainnya dan Anggota Bank wajib menjaga and members of the Bank shall maintain the
kerahasiaan informasi tersebut. confidentiality of such information.
2.12 Informasi tentang Budaya Perusahaan (Corporate 2.12 Information on the Corporate Culture or Core
Culture) atau Nilai-Nilai Perusahaan (Core Values) Values
Corporate Culture adalah Budaya Perusahaan yang Corporate Culture is a culture of the Company that
memiliki peran sangat besar dalam menciptakan has a significant role in creating smooth operations
kelancaran operasional dan produktivitas and productivity. With such a corporate culture
perusahaan. Dengan budaya perusahaan yang jelas that is clear and focused, the Company is able to
dan terarah, perusahaan mampu menggerakan run the business towards a clear direction with the
roda bisnis menuju kearah yang jelas dengan guidance, strategies or method to achieve it.
tuntunan, panduan atau cara untuk mencapainya.
J Trust Bank Core Values “SUPERNOVA TEAM” J Trust Bank Core Values “SUPERNOVA TEAM”

SPEED SPEED
Selalu mempertimbangkan bagaimana Always thinking to create speed in every
memberikan ‘kecepatan’ dalam setiap aspek aspect of work (services to customers,
(layanan kepada pelanggan, hasil kerja, membalas work, reply to e-mail, etc.), do not need to
e-mail, dll.), tidak perlu sempurna, kecepatan be perfect, speed is more important than
cukup lebih penting dibandingkan sempurna. perfect.
UNIQUENESS UNIQUENESS
Business Process, Value Added, Technology Business Process, Value Added, Technology
a. Menjadi unik di industry perbankan dengan a. Become unique in the banking industry by
memiliki nilai jual yang unik di dalam pekerjaan having unique selling points in the work we do
yang kita lakukan dan diri kita sendiri. and ourselves.
b. Selalu memiliki gairah dalam pikiran anda b. Always have passion in your mind to change
untuk mengubah segala sesuatunya lebih things better and always see a better way of
baik dan selalu melihat cara yang lebih baik doing your work by adding value that benefits
dalam melakukan pekerjaan anda dengan our business to support our unique existence.
menambahkan nilai yang memberikan
manfaat pada bisnis kita untuk mendukung
eksistensi keunikan kita.
c. Menyediakan teknologi keuangan terbaik c. Providing the best financial technology that
yang memberikan solusi keuangan yang unik. provides unique financial solutions.
PROFESSIONALISM PROFESSIONALISM
Politeness, Efficiency, Punctual, Passion, Fairness Politeness, Efficiency, Punctual, Passion, Fairness
a. Bersikaplah sopan mengenai apapun, jangan a. Be polite about anything, don’t be rude/
kasar/kecewa. disappointed.
b. Bersikap hormat satu sama lain. b. Be respectful of each other.
c. Jadilah efisien dalam apapun yang anda c. Be efficient in whatever you do in your work.
lakukan dalam pekerjaan anda.
d. Waktu adalah uang, jadi, tepat waktu dalam d. Time is money, so, on time in all things and
segala hal dan jangan sia-siakan sumber daya do not waste the valuable resources of others
berharga orang lain dan milik anda sendiri. and your own.
INNOVATION INNOVATION
Innovative Innovative
Selalu menjadi inovatif, jangan terpaku pada Always being innovative, don’t get hung up on old
cara lama/kebiasaan lama, selalu mencoba untuk ways/habits, always try to create new methods to
menciptakan metode baru untuk melewati situasi. get past the situation.
TEAM WORK TEAM WORK

Teamwork, Transparent Teamwork, Transparent
a. Kerjakan prioritas anda bersama dengan tim a. Working on shared priority with team and
anda dan memaksimalkan hasilnya, jangan maximizing the result, don’t depend only on
bergantung hanya pada diri anda sendiri. yourself.
b. Jangan menyembunyikan/menghindari b. Don’t hide/avoid something and always being
sesuatu dan jadilah transparan di dalam semua transparent in all aspects.
aspek.

2.13
Informasi tentang sanksi administratif yang 2.13 Information on administrative sanctions imposed
dikenakan kepada Emiten/ Perusahaan Publik, on Issuers/Public Companies, members of the
anggota Dewan Komisaris dan Direksi, oleh Board of Commissioners and Board of Directors,
otoritas Pasar Modal dan otoritas lainnya pada by the Capital Market authorities and other
tahun 2018 authorities in 2018
Pemantauan dilakukan terhadap sanksi Monitoring is conducted against administrative
administratif yang dikenakan oleh otoritas. Secara sanctions imposed by the authority. In general,
umum pelanggaran yang terjadi antara lain tidak the violations that occur are delays and errors in
menyampaikan, keterlambatan dan kesalahan reporting caused by human error factors, such
pelaporan yang diakibatkan oleh faktor human as LBU, LHBU, and SLIK. In order to mitigate
error pada LBU, LHBU, dan SLIK. Dalam rangka such sanctions from reoccurring, improvement
memitigasi agar sanksi tersebut tidak terjadi lagi, measures such as monitoring and improvement
maka dilakukan langkah-langkah perbaikan seperti of accuracy and understanding from the units are
pemantauan dan peningkatan ketelitian serta made against various aspects of such reporting.
pemahaman dari unit terkait terhadap berbagai
aspek pelaporan-pelaporan tersebut.
2.14
Program Kepemilikan Saham oleh Karyawan 2.14 Management/Employee Stock Ownership
dan/atau Manajemen yang Dilaksanakan Emiten/ Program conducted by Issuer/Public Company
Perusahaan Publik (jika ada), antara lain: (if any), among others:
a. Jumlah saham dan/atau Opsi a. Number of shares and/or Options
b. Jangka waktu pelaksanaan b. Window Exercise
c. Persyaratan karyawan dan/atau manajemen c. Eligible employee and/or management
yang berhak, dan requirements, and
d. Harga pelaksanaan d. Exercise price

PT Bank JTrust Indonesia Tbk belum ada program PT Bank JTrust Indonesia Tbk there is no
kepemilikan saham oleh Karyawan dan/atau management/employee stock ownership program
Manajemen di tahun 2018. in 2018.

BAB III KELENGKAPAN DAN PELAKSANAAN TUGAS KOMITE-KOMITE

PT BANK JTRUST INDONESIA TBK
CHAPTER III Completion and Implementation of Duties of Committees of

Komite-Komite di bawah Dewan Komisaris Committees under BOC

Dalam rangka mendukung efektivitas pelaksanaan In order to support the effectiveness of the
tugas dan tanggung jawabnya, Dewan Komisaris PT implementation of its duties and responsibilities, the
Bank JTrust Indonesia Tbk telah membentuk Komite- Board of Commissioners of PT Bank JTrust Indonesia
Komite di bawah Dewan Komisaris sebagaimana Tbk has established Committees under the Board of
yang dipersyaratkan dalam ketentuan Penerapan Tata Commissioners as required in the provisions on the
Kelola Bagi Bank Umum yang terdiri dari: Adoption of Governance for Commercial Banks which
consist of:
- Komite Audit (Audit Committee) - Audit Committee
- Komite Pemantau Risiko (Risk Monitoring - Risk Monitoring Committee
Committee)
- Komite Nominasi dan Remunerasi (Nomination - Nomination and Remuneration Committee
and Remuneration Committee)
Pengangkatan anggota Komite tersebut di atas The appointment of the members of the Committee
dilakukan oleh Direksi berdasarkan Keputusan Dewan is made by the Board of Directors based on the Board
Komisaris dengan rekomendasi Komite Nominasi of Commissioners’ Decision with the recommendation
dan Remunerasi. Komite-komite di bawah Dewan of the Nomination and Remuneration Committee.
Komisaris diketuai oleh Komisaris Independen yang Committees under the Board of Commissioners are
tidak memiliki hubungan keuangan, kepengurusan, chaired by Independent Commissioners who have no
kepemilikan saham, dan/atau hubungan keluarga financial, management, share ownership and/or family
dengan anggota Dewan Komisaris lainnya, Direksi relationships with other members of the Board of
dan/atau pemegang saham pengendali atau bentuk Commissioners, the Board of Directors and/or other
hubungan lain dengan Bank yang bisa mempengaruhi controlling shareholders or other forms of relationship
independensinya. with the Bank that may impair their independence.
Pelaksanaan tugas dan tanggung jawab komite-komite The conduct of duties and responsibilities of
di bawah Dewan Komisaris PT Bank JTrust Indonesia committees under the Board of Commissioners of
Tbk mengacu pada Pedoman dan Tata Tertib Kerja/ PT Bank JTrust Indonesia Tbk refers to the Charter
Piagam Komite (Committee Charter) yang disusun of Committees (Committee Charter) prepared under
berdasarkan peraturan yang berlaku di Indonesia the prevailing regulations in Indonesia, specifically
terutama Peraturan Otoritas Jasa Keuangan tentang Financial Services Authority Regulation on the
Penerapan Tata Kelola Bagi Bank Umum, dan best Implementation of Good Corporate Governance
practices yang diperbaharui secara berkala. for Commercial Banks, and best practices that are
regularly updated.
3.1 Komite Audit 3.1. Audit Committee

Komite Audit merupakan komite yang dibentuk The Audit Committee is a committee established
untuk mendukung Dewan Komisaris dalam rangka to support the Board of Commissioners in order
mendukung efektivitas pelaksanaan tugas dan to support the effectiveness of the performance
fungsi pengawasannya atas hal-hal yang terkait of its duties and supervisory functions on matters
dengan laporan keuangan, sistem pengendalian relating to the financial statements, internal control
internal, pelaksanaan fungsi audit internal dan systems, the implementation of internal and
eksternal, implementasi Tata Kelola yang baik, external audit functions, the implementation of
serta kepatuhan terhadap peraturan perundang- Good Governance, and compliance with prevailing
undangan yang berlaku. Pembentukan Komite regulations. The establishment of the Audit
Audit mengacu pada peraturan-peraturan yang Committee refers to the following regulations:
berlaku sebagai berikut:

1. Peraturan Otoritas Jasa Keuangan No. 1. Regulation of the Financial Services Authority No.
55/POJK.04/2015 tanggal 23 Desember 55/POJK.04/2015 dated December 23, 2015 on
2015 tentang Pembentukan dan Pedoman the Establishment and Implementation Guidelines
Pelaksanaan Kerja Komite Audit. of the Audit Committee.
2. Peraturan Otoritas Jasa Keuangan No.55/ 2. Regulation of the Financial Services Authority
POJK.03/2016 tanggal 7 Desember 2016 No. 55/POJK.03/2016 dated December 7, 2016
tentang Penerapan Tata Kelola bagi Bank concerning the Implementation of Good Corporate
Umum. Governance for Commercial Banks.
3. Surat Edaran Otoritas Jasa Keuangan No.13/ 3. Circular Letter of the Financial Services Authority
Penerapan Tata Kelola bagi Bank Umum. Implementation of Good Corporate Governance
POJK.03/2017 tanggal 27 Maret 2017 tentang No. 13/POJK.03/2017 dated March 27, 2017 on
Penggunaan Jasa Akuntan Publik dan the Utilization of Public Accountant Services
Kantor Akuntan Publik dalam Kegiatan Jasa and Public Accountant Firm in Financial Services
Keuangan. Activities.
a. Piagam Komite Audit (Audit Committee Charter) a. Audit Committee Charter

Komite Audit memiliki Piagam Komite Audit The Audit Committee maintains an Audit
(Audit Committee Charter) yang mengatur hal-hal Committee Charter which regulates matters
terkait dengan pelaksanaan tugas dan tanggung relating to the performance of duties and
jawab serta kewenangan, komposisi dan struktur responsibilities and authority, composition and
organisasi serta persyaratan keanggotaan, organizational structure and requirements of
tata cara dan prosedur kerja serta waktu kerja, membership, procedures and working procedures
pelaksanaan rapat dan pelaporan, penanganan as well as working hours, conduct of meetings and
pengaduan/pelaporan sehubungan dugaan reporting, complaint handling/reporting regarding
pelanggaran terkait pelaporan keuangan, masa alleged violations related to financial reporting,
tugas dan honorarium. Piagam Komite Audit term of office and fees. The Audit Committee
(Audit Committee Charter) ini akan ditinjau Charter will be reviewed periodically or if it is
secara berkala atau apabila dianggap perlu di- deemed necessary to review and evaluate its
review kembali dan dievaluasi kecukupannya adequacy by the Board of Commissioners in order
oleh Dewan Komisaris agar fungsi Komite Audit that the function of the Audit Committee can be
dapat dilaksanakan pada tingkat yang optimal performed at an optimal level in accordance with
sesuai dengan ketentuan perundangan terkait prevailing laws and regulations. The latest Audit
yang berlaku. Piagam Komite Audit (Audit Committee Charter is reviewed and updated on
Comittee Charter) yang ada terakhir di-review 28 February 2018 and has been uploaded on the
dan dimutakhirkan pada tanggal 28 Februari 2018 Bank’s website.
serta telah diunggah dalam situs web Bank.
b. Struktur dan Keanggotaaan Komite Audit b. Structure and Membership of Audit Committee
• Keanggotaan Komite Audit paling sedikit • Membership of the Audit Committee shall consist
terdiri dari 1 (satu) orang Komisaris Independen of at least 1 (one) Independent Commissioner who
yang merangkap sebagai Ketua, 1 (satu) orang is also a Chairman, 1 (one) Independent Party with
Pihak Independen yang memiliki keahlian expertise in finance or accounting, and 1 (one)
di bidang keuangan atau akuntansi, dan 1 Independent Party having expertise in the field of
(satu) orang Pihak Independen yang memiliki law or banking.
keahlian di bidang hukum atau perbankan.
• Komisaris Independen dan Pihak Independen • Independent Commissioners and Independent
yang menjadi anggota komite audit paling Parties who are members of the audit committee
sedikit berjumlah 51% (lima puluh satu persen) shall be at least 51% (fifty one percent) of the total
dari jumlah anggota komite audit. members of the audit committee.
• Anggota Direksi dilarang menjadi anggota • Members of the Board of Directors are prohibited
Komite Audit. from becoming members of the Audit Committee.
• Mantan anggota Direksi Bank, mantan Pejabat • A former member of the Board of Directors of the
Eksekutif Bank atau pihak yang mempunyai Bank, former Executive Officer of the Bank or a
hubungan dengan Bank yang dapat party with a relationship with the Bank that may
mempengaruhi kemampuan untuk bertindak affect the ability to act independently, may not

independen, tidak dapat menjadi Pihak serve as an Independent Party in the Bank, before
Independen pada Bank yang bersangkutan, a cooling off period of 6 (six) months. The cooling
sebelum menjalani masa tunggu (cooling off period to become an Independent Party
off) paling singkat 6 (enam) bulan. Ketentuan shall not apply to former members of the Board
masa tunggu (cooling off) untuk menjadi of Directors of the Bank or former Executive
Pihak Independen tidak berlaku bagi mantan Officer in charge of performing only a supervisory
anggota Direksi Bank atau mantan Pejabat function for at least 6 (six) months.
Eksekutif yang bertugas hanya melakukan
fungsi pengawasan paling singkat 6 (enam)
bulan.
• Anggota Komite Audit wajib memiliki • Audit Committee members must have high integrity,
integritas yang tinggi, kemampuan, ability, knowledge, experience in accordance with
pengetahuan, pengalaman sesuai dengan their field of work, ability to communicate, good
bidang pekerjaannya, mampu berkomunikasi, morale. The Bank shall examine the accuracy of all
akhlak, dan moral yang baik. Bank harus documents/data supporting the fulfillment of the
meneliti kebenaran seluruh dokumen/data requirements of the Independent Party, including
pendukung pemenuhan persyaratan Pihak a personal statement concerning the integrity of
Independen, antara lain surat pernyataan the Independent Party.
pribadi mengenai integritas Pihak Independen.
• Wajib memahami laporan keuangan, bisnis • It is compulsory to understand the financial
perusahaan khususnya yang terkait dengan statements, company business especially related
layanan jasa atau kegiatan usaha Emiten atau to the services or business activities of the Issuer or
Perusahaan Publik, proses audit, manajemen Public Company, audit process, risk management,
risiko, dan peraturan perundang-undangan and capital market laws and regulations as well as
di bidang Pasar Modal serta peraturan other related legislation.
perundang-undangan terkait lainnya.
• Wajib mematuhi kode etik Komite Audit yang • It is compulsory to comply with the Code of
ditetapkan oleh Emiten atau Perusahaan Conduct of the Audit Committee stipulated by the
Publik. Issuer or Public Company.
• Bersedia meningkatkan kompetensi secara • Members are willing to improve competence
terus menerus melalui pendidikan dan continuously through education and training.
pelatihan.
• Ketua Komite hanya dapat merangkap jabatan • The Chairman of the Committee may only
sebagai Ketua Komite paling banyak pada 1 concurrently serve as Chairman of the Committee
(satu) komite lain pada Bank yang sama. at a maximum of another 1 (one) of committee of
the same Bank.
• Rangkap jabatan Pihak Independen sebagai • Multiple positions of Independent Party as
Pihak Independen anggota komite lain Independent Party members of other committees
pada Bank yang sama, Bank lain, dan/atau of the same Bank, other Banks and/or other
perusahaan lain sepanjang memenuhi seluruh companies as long as they meet all required
kompetensi yang dipersyaratkan, memenuhi competencies, shall meet the criteria of
kriteria independensi, mampu menjaga independence, shall be able to keep the Bank’s
rahasia Bank, memperhatikan kode etik yang confidentiality, shall observe the applicable code
berlaku, dan tidak mengabaikan pelaksanaan of ethics, and shall not neglect the conduct of
tugas dan tanggung jawabnya. duties and responsibilities.
Berdasarkan Surat Dewan Komisaris No.29.01/M. Based on the Letter of the Board of Commissioners
KOM/VI/2018 tertanggal 29 Juni 2018 dan Surat No. 29.01/M.KOM/VI/2018 dated 29 June 2018 and
Keputusan Direksi No.29.31/S.Kep-Dir-HCD/ Directors Decree No. 29.31/S.Kep-Dir-HCD/JTUST/
JTRUST/VI/2018 tertanggal 29 Juni 2018, struktur NI/2018 dated 29 June 2018, and membership of
dan keanggotaan Komite Audit sebagai berikut: the Audit Committee as follows:
1) Mahdi Mahmudy (Komisaris Independen): 1) Mahdi Mahmudy (Independent Commissioner):
Ketua/Anggota Member/Chairman
2) Martinus Rosadi Nugroho (Pihak Independen): 2) Martinus Rosadi Nugroho (Independent
Sekretaris/Anggota Party): Secretary/Member
3) Amalia Setyanti Lestari (Pihak Independen): 3) Amalia Setyanti Lestari (Independent Party):
Anggota Member
4) Kwik Ing Hie (Komisaris Independen): Anggota 4) Kwik Ing Hie (Independent Commissioner):
Member

Sebagaimana dinyatakan di atas, per 31 Desember As stated above, as of December 31, 2018, the
2018 Komite Audit diketuai oleh seorang Komisaris Audit Committee is chaired by an Independent
Independen dengan anggotanya terdiri dari: Commissioner with members consisting of:
1) 2 (dua) orang Komisaris Independen 1) 2 (two) Independent Commissioners
(termasuk 1 orang sebagai ketua) (including 1 person as chairman)
2) 1 (satu) orang Pihak Independen yang ahli 2) 1 (one) Independent Party who is expert in
dalam bidang akuntansi dan keuangan accounting and finance
3) 1 (satu) orang Pihak Independen yang ahli di 3) 1 (one) Independent Party who is expert in
bidang hukum bisnis dan perbankan business and banking law
Setiap Komisaris Independen yang menjadi Each Commissioner who becomes Chairman and
Ketua dan anggota Komite Audit telah efektif member of the Audit Committee has effectively
dinyatakan lulus uji kelayakan dan kepatutan passed the feasibility and proper test by OJK. The
oleh OJK. Pengangkatan nama-nama Ketua dan appointment of the names of the Chairman and
anggota Komite Audit sebagaimana dimaksud members of the Audit Committee as mentioned
di atas telah memenuhi kriteria yang ditetapkan above meets the criteria set out in the OJK Rules.
dalam Peraturan OJK.
Sepanjang tahun 2018, jumlah Komisaris Throughout 2018, the number of Independent
Independen dan Pihak Independen yang menjadi Commissioners and Independent Members who
anggota Komite Audit berjumlah lebih dari 51% are members of the Audit Committee amount
(lima puluh satu persen) dari jumlah keseluruhan to more than 51% (fifty one percent) of the total
anggota Komite Audit. members of the Audit Committee.
Masa Tugas/Jabatan Anggota Komite Audit Term of Office of Audit Committee Members
Masa tugas/jabatan anggota Komite Audit The term of office of the members of the Audit
tidak boleh lebih lama dari masa jabatan Dewan Committee shall not be longer than the term of
Komisaris sebagaimana diatur dalam Anggaran office of the Board of Commissioners as stipulated
Dasar dan dapat dipilih kembali hanya untuk 1 in the Articles of Association and may be re-
(satu) periode berikutnya. elected for only one (1) subsequent period.
Masa tugas/jabatan anggota Komite Audit per 31 Term of office of Audit Committee members as of
Desember 2018 yaitu: December 31, 2018 is as follows:
Masa Tugas/Jabatan
Term of Office
Posisi di Komite
Nama Akhir Masa Tugas/
No Position in
Name Tanggal efektif Jabatan
Committee
Effective Date End of Term of
Office
1. Mahdi Mahmudy Ketua/Anggota 21 November 2016 30 Juni 2019
Komisaris Independen | Independent Chairman/Member November 21, 2016 June 30, 2019
Commissioner
2. Kwik Ing Hie Anggota | Member 21 November 2016 30 Juni 2019
Komisaris Independen | Independent November 21, 2016 June 30, 2019
Commissioner
3. Amalia Setyanti Lestari Anggota | Member 11 Januari 2016 11 Januari 2019
Pihak Independen | Independent Party January 11, 2016 January 11, 2016
4. Martinus Rosadi Nugroho Sekretaris/Anggota 25 Januari 2017 25 Januari 2020
Pihak Independen | Independent Party Secretary/Member January 25, 2017 January 25, 2020

c. Riwayat Pendidikan dan Pengalaman Kerja C. Background of Education and Work Experience
Anggota Komite Audit of Audit Committee Members
Riwayat pendidikan dan pengalaman kerja Education background and experiences of the
anggota Komite Audit adalah sebagai berikut: member of Audit Committee are as follow:
- Mahdi Mahmudy, Anggota/Ketua Komite - Mahdi Mahmudy, Member/Chairman of Audit
Audit (menjabat sebagai anggota sejak 21 Committee (has become a member since
November 2016 dan menjabat sebagai Ketua November 21, 2016 and became a Chairman since
sejak 29 Juni 2018) June 29, 2018).
Warga Negara Indonesia, 61 Tahun. Meraih Indonesian citizen, 61 years old. Obtained
gelar Sarjana Ekonomi di bidang Manajemen Bachelor degree in Economic minor in Financial
Finansial dari Fakultas Ekonomi Universitas Management from Economic Department at
Indonesia pada tahun 1984. Kemudian beliau University of Indonesia in 1984. Since then, he
meraih gelar Master di bidang Kebijakan obtained Masters degree in Monetary Policy
Moneter dari University of Illinois pada tahun from University of Illinois in 1992, and obtained
1992, dan gelar Doktor di bidang Manajemen Doctorate degree in Strategic Management from
Stratejik dari Universitas Indonesia pada tahun University of Indonesia in 2011. He started his
2011. Beliau mulai berkarir di Bank Indonesia career at Bank of Indonesia in 1986 and had 30-
pada tahun 1986 dan memiliki pengalaman year of work experience in banking industry. His
kerja 30 tahun di industri perbankan. last working experience was as Executive Director
Pengalaman kerja terakhir adalah sebagai of Bank of Indonesia in Department of Regional
Executive Director pada Bank Indonesia di Area Kalimantan.
Departemen Regional Area Kalimantan.
Melalui RUPST tanggal 30 Juni 2016 diangkat Through AGMS on June 30, 2016, he was
menjadi Komisaris Independen di PT Bank appointed as Independent Commissioner in
JTrust Indonesia Tbk hingga sekarang. Sejak PT Bank JTrust Indonesia Tbk up until now. Since
tanggal 21 November 2016 hingga saat November 21, 2016 up until now, he also become
ini, beliau juga menjabat anggota Komite the member of Risk Supervising Committee,
Pemantau Risiko, anggota Komite Audit, dan member of Audit Committee, and Chairman of
Ketua Komite Nominasi dan Remunerasi. Nomination and Remuneration Committee.
- Kwik Ing Hie, Anggota Komite Audit - Kwik Ing Hie, Member of Audit Committee
Warga Negara Indonesia, 56 tahun. Meraih Indonesian citizen, 56 years old. Obtained Master
gelar Master of Business Administration dari degree in Business Administration from Stanford
Stanford University pada 1991, dan gelar University in 1991, and Bachelor of Science in
Bachelor of Science in Computer Engineering Computer Engineering from Syracusee University
dari Syracusee University pada 1986. Memiliki in 1986. He has 28-year working experience in
pengalaman 28 tahun di industri keuangan financial industry and consultation. From 1999 to
dan konsultasi. Sejak 1999 hingga 2006, beliau 2009, he led his own investment company that
memimpin perusahaan investasi miliknya yang focused on merger, acquisition, and emergency
fokus kepada merger, akuisisi, dan investasi loan investment. He also became President
pinjaman darurat. Beliau pernah menjabat Director of PT Affinity Equity Partners Indonesia
sebagai Presiden Direktur PT Affinity Equity from October 2009 to June 2014 and as President
Partners Indonesia dari Oktober 2009 hingga Director of PT Morgan Stanley Asia Indonesia
Juni 2014 dan sebagai Presiden Direktur from 2006 to 2009. He previously also became
PT Morgan Stanley Asia Indonesia dari Commissioner for MPM since 2010, and became
2006 hingga 2009. Beliau juga sebelumnya the member of GCG Committee and Chairman
menjabat sebagai Komisaris MPM sejak of Nomination and Remuneration Committee
2010, dan juga menjabat sebagai anggota MPM since 2013. Currently he become Managing
Komite GCG serta Ketua Komite Nominasi Partner at Sternbridge Partner since 2015.
dan Remunerasi (KNR) MPM sejak 2013. Saat
ini menjabat sebagai Managing Partner di
Sternbridge Partner sejak 2015.
Melalui RUPST tanggal 30 Juni 2016 diangkat Through AGMS on June 30, 2016 he was appointed
menjadi Komisaris Independen di PT Bank as Independent Commissioner at PT Bank JTrust
JTrust Indonesia Tbk hingga sekarang. Sejak Indonesia Tbk until now. Since November 21, 2016

tanggal 21 November 2016 hingga saat ini, until now, he also become the member of Audit
beliau juga menjabat sebagai anggota Komite Committee and Chairman of Risk Supervision
Audit dan Ketua Komite Pemantau Risiko. Committee.
- Amalia Setyanti Lestari, Anggota Komite - Amalia Setyanti Lestari, Member of Audit
Audit Committee
Warga Negara Indonesia, 55 tahun. Meraih Indonesian citizen, 55 years old. She obtained her
gelar Sarjana Ekonomi, jurusan akuntansi, Bachelor of Economy, majoring accounting, from
dari Universitas Indonesia pada tahun 1988. University of Indonesia in 1988. She has 10 years of
Memiliki 10 tahun pengalaman kerja di dunia working experience in consulting and 16 years in
konsultasi dan 16 tahun di dunia perbankan. banking. As the Head of Internal Audit and Audit
Sebagai Head of Internal Audit dan Audit Manager for Corporate Banking & Head Office
Manager for Corporate Banking & Head function (2007-2009), as the Head of Compliance
Office function (2007-2009), sebagai Head for PT Bank Rabobank International Indonesia
of Compliance pada PT Bank Rabobank (2010-2013) and as TS Compliance and Money
International Indonesia (2010-2013) dan Laundering Reporting Officer for JP Morgan
sebagai TS Compliance dan Money Laundering Chase Bank & Co (2013-2015). Currently working
Reporting Officer pada JP Morgan Chase as independent member of Audit Committee and
Bank & Co (2013-2015). Saat ini menjabat as independent member of Risk and Compliance
sebagai anggota independen Komite Audit Supervision Committee for PT Bank Rabobank
dan sebagai anggota independen Komite International Indonesia.
Pemantau Risiko & Compliance pada PT Bank
Rabobank International Indonesia.
Sesuai Surat Dewan Komisaris No.11.01/S-KOM/ Based on the Letter of the Board of Commissioners
JTRUST/I/2016 tertanggal 11 Januari 2016 No. 11.01/S-KOM/JTRUST/I/2016 dated on January
dan Surat Keputusan Direksi No.11.09/S.Kep- 11, 2016 and Decree of the Board of Directors
Dir-HCD/JTrust/I/2016 tertanggal 11 Januari No. 11.09/S.Kep-Dir-HDC/JTrust/I/2016 dated on
2016, serta perubahan terakhir sesuai Surat 11 January 2016, as well as the amendment of the
Dewan Komisaris No.29.01/M.KOM/VI/2018 Letter of the Board of Commissioners No. 29.01/M.
tertanggal 29 Juni 2018 dan Surat Keputusan KOM/VI/2018 dated June 29, 2018 and Decree of
Direksi No.29.31/S.Kep-Dir-HCD/JTRUST/ the Board of Directors No. 29/31/S.Kep-Dir-HDC/
VI/2018 tertanggal 29 Juni 2018 menduduki JTRUST/VI/2018 dated June 29, 2018, she posits
posisi sebagai anggota independen Komite as independent member of Audit Committee
Audit dan merangkap sebagai anggota and also as independent member and secretary
independen dan sekretaris Komite Pemantau of Risk Supervision Committee of PT Bank JTrust
Risiko PT Bank JTrust Indonesia Tbk. Indonesia Tbk.
- Martinus Rosadi Nugroho, Anggota - Martinus Rosadi Nugroho, member and secretary
merangkap Sekretaris Komite Audit of Audit Committee
Warga Negara Indonesia, 28 tahun. Meraih Indonesian citizen, 28 years old. Obtained his
gelar Sarjana Ekonomi, jurusan akuntansi, Bachelor of Economy, majoring accounting, from
dari Universitas Indonesia pada tahun 2013. University of Indonesia in 2013. He has one year
Memiliki pengalaman 1 tahun di industri Fast of working experience in Fast Moving Consumer
Moving Consumer Goods dan 3 tahun di dunia Goods industry and three year in audit and taxing
audit dan perpajakan. Dengan posisi terakhir industry. His last position was Area Sales Manager
sebagai Area Sales Manager pada PT Arta for PT Arta Boga Cemerlang (2013) and Senior
Boga Cemerlang (2013) dan Senior Auditor Auditor for KAP Ratna Widjaja (2014-2016).
pada KAP Ratna Widjaja (2014-2016).
Sesuai Surat Dewan Komisaris No.25.01/S. Based on Letter of the Board of Commissioners
KOM/JTRUST/I/2017 tertanggal 25 Januari No. 25.01/S.KOM/JTRUST/I/2017 dated January
2017, dan Surat Keputusan Direksi No.25.04/S. 25, 2017, and Decree of the Board of Directors
Kep-Dir-HCD/JTrust/I/2017 tertanggal No. 25.04/S.Kep-Dir-HDC/JTrust/I/2017 dated
25 Januari 2017, serta perubahan terakhir January 25, 2017, as well as the latest amendment
sesuai Surat Dewan Komisaris No.29.01/M. according to the Letter of the Board of
KOM/VI/2018 tertanggal 29Juni 2018 dan Commissioners No. 29.01/M.KOM/VI/2018 dated
Surat Keputusan Direksi No.29.31/S.Kep-Dir- June 29, 2018 and Decree of the Board of Directors
HCD/JTRUST/VI/2018 tertanggal 29 Juni No. 29.31/S.Kep-Dir-HCD/JTRUST/VI/2018 dated

2018 menduduki posisi sebagai anggota June 29, 2018 he was appointed as independent
independen dan Sekretaris Komite Audit dan member and secretary of Audit Committee as
merangkap sebagai anggota independen well as independent member of Risk Supervision
Komite Pemantau Risiko PT Bank JTrust Committee PT Bank JTrust Indonesia Tbk.
Indonesia Tbk.
d. Independensi Anggota Komite Audit d. Independence of Audit Committee Members

Selama tahun 2018, seluruh anggota independen During 2018, all independent members of the Audit
pada Komite Audit telah memenuhi persyaratan Committee have met the following independence
independensi sebagai berikut: requirements:
1) Seluruh anggota independen pada Komite 1) All independent members of the Audit
Audit tidak memiliki hubungan keuangan, Committee have no financial relationship,
hubungan kepengurusan, kepemilikan saham, management relationship, share ownership,
dan/atau hubungan keluarga dengan anggota and/or family relationships with members of
Dewan Komisaris, Direksi dan/atau Pemegang the BoC, BoD and/or Controlling Shareholders
Saham Pengendali atau hubungan dengan or any relationship with the Bank, which may
Bank, yang dapat mempengaruhi kemampuan affect the ability to act independently.
untuk bertindak independen.
2) Bukan merupakan orang dalam Kantor 2) They are not insiders in a Public Accounting
Akuntan Publik, Kantor Konsultan Hukum, Firm, Law Firm, Public Appraisal Office or
Kantor Jasa Penilai Publik atau pihak lain yang any other party providing insurance, non-life
memberi jasa asuransi, jasa non-asuransi, jasa insurance services, assessment services and/
penilai dan/atau jasa konsultasi lain kepada J or other consulting services to J Trust Bank in
Trust Bank dalam 6 (enam) bulan terakhir. the last 6 (six) months.
3) Bukan merupakan orang yang bekerja 3) They are not working or having the authority
atau mempunyai wewenang dan tanggung and responsibility to plan, lead, control or
jawab untuk merencanakan, memimpin, supervise the activities of J Trust Bank in
mengendalikan, atau mengawasi kegiatan the last 6 (six) months, except Independent
J Trust Bank dalam 6 (enam) bulan terakhir, Commissioners.
kecuali Komisaris Independen.
4) Tidak mempunyai saham baik secara langsung 4) They do not own shares directly or indirectly
maupun tidak langsung pada J Trust Bank. in J Trust Bank.
5) Tidak memiliki hubungan afiliasi dengan J 5) They have no affiliated relationship with J
Trust Bank, Dewan Komisaris, Direksi atau Trust Bank, Board of Commissioners, Board
Pemegang Saham Utama J Trust Bank. of Directors or Major Shareholder of J Trust
Bank.
6) Tidak memiliki hubungan usaha baik langsung 6) They have no direct or indirect business
maupun tidak langsung yang berkaitan relationship relating to the business activities
dengan kegiatan usaha J Trust Bank. of J Trust Bank.
e. Tugas dan Tanggung Jawab Komite Audit e. Roles and Responsibilities of Audit Committee
Komite Audit bertugas untuk memberikan The Audit Committee is responsible for providing
pendapat profesional yang independen kepada independent professional opinion to the
Dewan Komisaris terhadap laporan-laporan atau Board of Commissioners on reports or issues
hal-hal yang disampaikan oleh Direksi kepada submitted by the Board of Directors to the
Dewan Komisaris, membantu Dewan Komisaris Board of Commissioners, assisting the Board of
atas tanggung jawab pengawasannya, termasuk Commissioners for its oversight responsibilities,
mengidentifikasi hal-hal yang memerlukan including identifying matters requiring the
perhatian Dewan Komisaris, dan mendukung attention of the Board of Commissioners, and
tugas-tugas lain yang berkaitan dengan tugas supporting the duties or other tasks related to
Dewan Komisaris, antara lain: the duties of the Board of Commissioners, among
others:
1) Membuat rincian kegiatan tahunan yang 1) Prepare details of annual activities approved
disetujui oleh Dewan Komisaris. by the Board of Commissioners.
2) Melakukan penelaahan atas informasi 2) Review the financial information that will be
keuangan yang akan dikeluarkan perusahaan issued by the Company to the public and/
kepada publik dan/atau pihak otoritas seperti or the authority such as financial reports,
laporan keuangan, proyeksi dan laporan projections and other reports related to the
lainnya terkait dengan informasi keuangan Company’s financial information.
perusahaan.
3) Melakukan penelaahan atas ketaatan terhadap 3) Review the compliance with laws and
peraturan perundang-undangan yang regulations relating to the activities of the
berhubungan dengan kegiatan perusahaan. Company.
4) Memberikan pendapat independen dalam 4) Render an independent opinion in the event of
hal terjadi perbedaan pendapat antara differences of opinion between management
manajemen dan Akuntan atas jasa yang and Accountant for services provided.
diberikan.
5) Memberikan rekomendasi mengenai 5) Provide recommendation on the appointment
penunjukan Kantor Akuntan Publik kepada of Public Accountant Office to the Board of
Dewan Komisaris untuk disampaikan Commissioners to be submitted to the General
kepada Rapat Umum Pemegang Saham Meeting of Shareholders and submit to the
dan menyampaikan kepada Otoritas Jasa Financial Services Authority (OJK) in the form
Keuangan (OJK) dalam bentuk laporan of periodic report every 10 (ten) business days
berkala setiap tahun paling lama 10 (sepuluh) after the appointment of Public Accountant
hari kerja setelah penunjukan Akuntan Publik and/or Public Accounting Firm.
dan/atau Kantor Akuntan Publik.
6) Melakukan evaluasi terhadap pelaksanaan 6) Evaluate the conduct of audit services
pemberian jasa audit atas informasi keuangan for annual financial information by Public
historis tahunan oleh Akuntan Publik dan/atau Accountant and/or Public Accounting Firm
Kantor Akuntan Publik dan menyampaikan and submit to the Financial Services Authority
kepada Otoritas Jasa Keuangan (OJK) dalam (OJK) in the form of periodic report every
bentuk laporan berkala setiap tahun paling year no later than 6 (six) months after the end
lama 6 (enam) bulan setelah tahun buku of the financial year.
berakhir.
7) Memastikan bahwa semua risiko dan kontrol 7) Ensure that all risks and controls are
diperhatikan dalam laporan Audit Internal addressed in the Internal Audit and External
dan Auditor Eksternal, sehingga manajemen Auditor reports, so that management
senantiasa menjalankan praktik perbankan continues to practice sound banking practices
yang sehat sesuai dengan prinsip kehati- in accordance with prudential principles.
hatian.
8) Melakukan penelaahan atas pelaksanaan 8) Review the conduct of audits by internal
pemeriksaan oleh auditor internal dan auditors and oversee the implementation of
mengawasi pelaksanaan tindak lanjut oleh follow-up by the Board of Directors on the
Direksi atas temuan auditor internal. findings of internal auditors.
9) Menelaah pengaduan yang berkaitan dengan 9) Review complaints relating to the Company’s
proses akuntansi dan pelaporan keuangan accounting and reporting process.
Perusahaan.
10) Menelaah dan memberikan saran kepada 10) Review and advise the Board of Commissioners
Dewan Komisaris terkait dengan adanya regarding the potential conflict of interest of
potensi benturan kepentingan Perusahaan. the Company.
11) Menjaga kerahasiaan dokumen, data dan 11) Maintain the confidentiality of documents,
informasi perusahaan. data and company information.
f. Kebijakan dan Pelaksanaan Rapat Komite Audit f. Policy and Conduct of Audit Committee Meeting
1) Setiap rapat Komite Audit dipimpin oleh Ketua 1) Each Audit Committee Meeting is led by Audit
Komite Audit yang merupakan Komisaris Committee Chairman who also serves as the
Independen Bank. Independent Commissioner of the Bank
2) Rapat Komite Audit selalu dihadiri oleh lebih 2) Audit Committee Meetings are always
dari 51% dari jumlah anggota Komite Audit attended by more than 51% of Audit
yang anggotanya terdiri dari Komisaris Committee members whose members
Independen serta pihak independen. consist of Commissioners and Independent
Commissioners and 2 independent parties.
3)
Keputusan Rapat Komite dilakukan 3) Decisions of the Committee Meetings shall be
berdasarkan musyawarah untuk mencapai based on deliberations to reach consensus. If it
mufakat. Jika tidak mencapai musyawarah does not reach a consensus, then the decision
untuk mufakat, maka pengambilan keputusan shall be made by vote based on the voting
dilakukan berdasarkan pemungutan suara agreed by 2/3 (two thirds) of the Committee
berdasarkan suara setuju 2/3 (dua per tiga) members present at the meeting.
anggota Komite yang hadir dalam rapat.

4) Hasil rapat Komite Audit dituangkan dalam 4) The results of Audit Committee meetings
risalah rapat dan didokumentasikan secara shall be set forth in minutes of meetings and
baik. properly documented.
5) Perbedaan pendapat (dissenting opinions) 5) The dissenting opinions that occur in
yang terjadi dalam rapat Komite wajib Committee meetings shall be clearly stated in
dicantumkan secara jelas dalam risalah rapat the minutes of the meeting and the reasons
beserta alasan perbedaan pendapat tersebut. for such dissent.
6) Sepanjang tahun 2018, Komite Audit telah 6) Throughout 2018, the Audit Committee has
menyelenggarakan 9 kali rapat dengan held 9 meetings involving the Internal Audit
melibatkan Satuan Kerja Audit Interen, unit Working Unit, other work units (if deemed
kerja lainnya (jika dipandang perlu), seperti: necessary), such as the Anti Fraud Unit, and
unit Anti Fraud, dan pihak auditor eksternal the external auditor (KAP).
(KAP).
Frekuensi tingkat kehadiran rapat setiap anggota Frequency of meeting attendance of each Committee
Komite Audit sebagai berikut: Audit member:
Jumlah Rapat
Komite Audit Jumlah
Nama Periode Jabatan % Kehadiran
Number of the Kehadiran
Name Term of Office Attendance
Audit Committee Attendance
Meetings
Benny Luhur 1 Januari s/d 28 Juni 2018 9 3 33%
Komisaris Independen, Ketua *) January 1 until June 28, 2018
Independent Commissioner,
Chairman
Mahdi Mahmudy 1 Januari s/d 31 Desember 9 9 100%
Komisaris Independen, Ketua & 2018
Anggota **) January 1 until December 31,
Independent Commissioner, 2018
Chairman & Member **)
Kwik Ing Hie 1 Januari s/d 31 Desember 9 9 100%
Komisaris Independen, Anggota 2018
Independent Commissioner, Member January 1 until December 31,
2018
Martinus Rosadi Nugroho 1 Januari s/d 31 Desember 9 9 100%
Pihak Independen, Anggota/ 2018
Sekretaris January 1 until December 31,
Independent Party, Member/ 2018
Secretary
Amalia Setyanti Lestari 1 Januari s/d 31 Desember 9 9 100%
Pihak Independen, Anggota 2018
Independent Party, Member January 1 until December 31,
2018
*) Sejak tanggal 28 Juni 2018 sudah tidak menjabat sebagai anggota Dewan Komisaris.
Since June 28, 2018 no longer become the member of the Board of Commissioners
**) Sejak tanggal 29 Juni 2018 menjabat sebagai Ketua Komite Audit.
Since June 29, 2018 no longer become the Chairman of Audit Committee
g. Pendidikan dan/atau Pelatihan Anggota Komite g. Education and/or Training of Audit Committee
Audit Members
Untuk menunjang pelaksanaan tugas dan To support the execution of duties and
tanggung jawab anggota Komite Audit, selama responsibilities of Audit Committee members,
tahun 2018 anggota Komite Audit PT Bank JTrust during 2018 members of the Audit Committee
Indonesia Tbk telah mengikuti berbagai program of PT Bank JTrust Indonesia Tbk have attended
pendidikan/pelatihan, workshop, konferensi, various education/training programs, workshops,
seminar, antara lain: conferences, seminars, among others:

Periode
No. Menjabat
Name Training, Workshop, Organizer Venue &Time
Serving Period
Conference, Seminar
1 Martinus Rosadi 01 Januari s/d 31 • Workshop Update PSAK Ikatan Komite Jakarta/29 Maret
Nugroho Desember 2018 2018 Audit Indonesia 2018
01 January s/d Jakarta/29 March
31 December 2018
2018 • Diskusi Panel dengan Ikatan Komite Jakarta/4 Juni
tema: Tanggung Audit Indonesia 2018
Jawab Komite Audit Jakarta/4 June
Terhadap Fraud Laporan 2018
Keuangan
Panel discussion on the
theme: Responsibility
of Audit Committee
Concerning Fraud in
2 Amalia Setyanti Lestari 01 Januari s/d 31 • APU PPT Internal Jakarta/1 Maret
Desember 2018 2018
01 January s/d Jakarta/1 March
31 December 2018
2018 • Workshop Update PSAK Ikatan Komite Jakarta/29 Maret
2018 Audit Indonesia 2018
Jakarta/29 March
2018
• Seminar Fintech Outlook Bizcom.id Jakarta/26 April
2018 2018
Jakarta/26 April
2018
• Diskusi Panel dengan Ikatan Komite Jakarta/4 Juni
tema: Tanggung Audit Indonesia 2018
Jawab Komite Audit Jakarta/4 June
Terhadap Fraud Laporan 2018
Keuangan
theme: Responsibility
of Audit Committee
Concerning Fraud in
• Diskusi Panel dengan Ikatan Komite Jakarta/14
tema: Efektivitas Audit Indonesia November 2018
Oversight Dewan Jakarta/14
Komisaris dan Komite November 2018
Audit: Pembelajaran dari
PT SNP Finance
theme: Effectiveness
of Oversight by Board
of Commissioners
and Audit Committee:
Lessons Learned from
PT SNP Finance
h. Program Kerja dan Realisasi Komite Audit h. Work Program and Realization of Audit
Committee
Program kerja Komite Audit sepanjang tahun 2018 Audit Committee work program throughout 2018
sebagai berikut: is as follows:
1. Memantau pencapaian rencana kerja SKAI 1. Monitor the achievement of the SKAI work
sepanjang tahun 2018; plan in 2018;
2. Memantau tindak lanjut manajemen atas 2. Monitor management follow-up on audit
temuan audit (internal dan eksternal) yang findings (internal and external) that are
bersifat signifikan terhadap penerapan significant to the implementation of internal
internal control system. control system.

3. Memantau penyusunan laporan keuangan 3. Monitor the preparation of the Bank’s financial
Bank sesuai dengan standar yang berlaku statements in accordance with applicable
dan memberikan tanggapan yang dipandang standards and provide the necessary
perlu. responses.
4. Memberikan evaluasi atas penggunaan jasa 4. Provide evaluation on the commission for
kantor akuntan publik yang melakukan audit public accounting services conducting audit
atas laporan keuangan Bank. on the Bank’s financial report.
5. Memberikan rekomendasi penunjukkan kantor 5. Provide recommendations on the appointment
akuntan publik yang akan melakukan audit of a public accounting firm that will audit the
atas laporan keuangan Bank. Bank’s financial statements.
6. Ikut berpartisipasi dalam rapat koordinasi 6. Participate in the Board of Commissioners and
Dewan Komisaris dan Direksi dan memberikan Directors’ coordination meetings and provide
masukan yang dipandang perlu. the necessary inputs.
Realisasi Program Kerja Komite Audit sepanjang Realization of Audit Committee Work Program in 2018
tahun 2018 sebagai berikut: is as follows:
Realisasi Program Kerja
No.
Work Program Realization
1 Mengadakan rapat dan diskusi dengan SKAI untuk memonitor progress kerja SKAI serta pencapaiannya; memonitor tindak
lanjut atas hasil audit dan mendiskusikan hasil temuan yang signifikan
Conduct meetings and disucsion with SKAI to monitor SKAI’s working prograss as well as achievement; monitor the follow up
on audit result and discuss significant findings.
2 Memonitor dan berdiskusi dengan SKAI dan unit-unit terkait tentang pinjaman-pinjaman yang berpotensi menjadi NPL
Monitor and discuss with SKAI and related units on loans that has high NPL potential
3 Melakukan review atas Rencana Kerja Tahunan SKAI untuk tahun 2018
Review on SKAI’s working plan for 2018
4 Memonitor progress dari pelaksanaan audit KAP atas laporan keuangan Bank untuk tahun buku 2018
Monitor the progress for KAP audit on the Bank’s financial report for 2018 financial year
5 Melakukan review dan diskusi atas hasil draft final laporan keuangan Bank yang telah diaudit oleh KAP untuk tahun buku 2017
Review and discuss the final draft of the Bank’s financial report that has been auited by KAP for 2017 financial year
6 Melakukan review dan diskusi atas management letter yang telah dikeluarkan oleh KAP untuk tahun buku 2017
Review and discuss management letter published by KAP for 2017 financial year
7 Berdiskusi dengan SKAI tentang progress audit OJK serta temuan-temuan yang bersifat signifikan
Discuss with SKAI on OJK audit progress as well as the significant findings
8 Memonitor progress penyelesaian tindak lanjut manajemen atas temuan OJK
Monitor the progress for management’s solution follow up on OJK’s findings
9 Melakukan review dan diskusi tentang laporan keuangan publikasi Bank
Review and discuss the Bank’s published financial report
10 Melakukan review dan diskusi tentang penyusunan laporan tahunan Bank
Review and discuss the formulation of the Bank’s annual report
11 Ikut berpartisipasi dalam rapat koordinasi Dewan Komisaris dan Direksi
Participate on coordination meeting of the board of Commissioners and Directors
12 Memberikan rekomendasi pemilihan/mempertahankan dan memberhentikan auditor eksternal/KAP kepada Dewan Komisaris
Recommend the selection/sustain and dismiss external auditor/KAP to the Board of Commissioners
13 Memberikan evaluasi terhadap kinerja kantor akuntan publik yang ditunjuk untuk melakukan audit atas laporan keuangan
Bank tahun 2017
Provide evaluation on appointed public accounting office’s performance to conduct audit on the Bank’s financial report
for 2017
14 Menyusun rencana kerja (Work Plan) Komite Audit tahun 2018
Formulate work plan for Audit committee for 2018
3.2 Komite Pemantau Risiko (Risk Monitoring 3.2. Risk Monitoring Committee
Committee)
Komite Pemantau Risiko merupakan komite yang The Risk Monitoring Committee is a committee
dibentuk untuk membantu Dewan Komisaris established to assist the Board of Commissioners
memenuhi tugas dan tanggung jawabnya dengan to fulfill its duties and responsibilities by evaluating
melakukan evaluasi atas penerapan kebijakan the implementation of the Bank’s risk management
manajemen risiko oleh Bank yang antara lain mencakup policy which includes reviewing compliance with
me-review kesesuaiannya dengan regulasi yang ada, existing regulations, evaluating the consistency of
mengevaluasi konsistensi pelaksanaan kebijakan the implementation of the policy, and monitoring and

tersebut, dan melakukan pemantauan dan evaluasi evaluating the implementation of the Risk Management
pelaksanaan tugas Komite Manajemen Risiko (”KMR”) Committee (“KMR”) and the Risk Management
dan Satuan Kerja Manajemen Risiko (”SKMR”) guna Business Unit (“SKMR”) to provide recommendations
memberikan rekomendasi kepada Dewan Komisaris. to the Board of Commissioners. The establishment
Pembentukan Komite Pemantau Risiko mengacu pada of the Risk Monitoring Committee shall refer to the
Peraturan-peraturan yang berlaku sebagai berikut: following Regulations:
POJK.03/2016 tanggal 7 Desember 2016 tentang No. 55/POJK.03/2016 dated December 7, 2016
Penerapan Tata Kelola bagi Bank Umum. concerning the Implementation of Good Corporate
Governance for Commercial Banks.
2. Surat Edaran Otoritas Jasa Keuangan No.13/ 2. Circular Letter of the Financial Services Authority
a. Piagam Komite Pemantau Risiko (Risk Monitoring a. Risk Monitoring Committee Charter
Committee Charter) The Risk Monitoring Committee maintains a Risk
Komite Pemantau Risiko memiliki Piagam Komite Monitoring Committee Charter which regulates
Pemantau Risiko (Risk Monitoring Committee matters related to the performance of duties and
Charter) yang mengatur hal-hal terkait dengan responsibilities and authority, composition and
pelaksanaan tugas dan tanggung jawab serta organizational structure as well as membership
kewenangan, komposisi dan struktur organisasi requirements, methods and work procedures
serta persyaratan keanggotaan, tata cara dan as well as working hours, conduct of meetings
prosedur kerja serta waktu kerja, pelaksanaan and reporting, duty and honorarium. The Risk
rapat dan pelaporan, masa tugas dan honorarium. Monitoring Committee Charter will be reviewed
Piagam Komite Pemantau RIsiko (Risk Monitoring periodically or if it is deemed necessary to
Committee Charter) ini akan ditinjau secara review and evaluate its adequacy by the Board of
berkala atau apabila dianggap perlu di-review Commissioners in order that the Risk Oversight
kembali dan dievaluasi kecukupannya oleh Dewan Committee function can be performed at an
Komisaris agar fungsi Komite Pemantau Risiko optimal level in accordance with prevailing
dapat dilaksanakan pada tingkat yang optimal laws and regulations. The latest Risk Monitoring
sesuai dengan ketentuan perundangan terkait Committee Charter is reviewed and updated on
yang berlaku. Piagam Komite Pemantau RIsiko July 27, 2017 and has been uploaded on the Bank’s
(Risk Monitoring Committee Charter) yang ada website.
terakhir di-review dan dimutakhirkan pada tanggal
27 Juli 2017 serta telah diunggah dalam situs web
Bank.
b. Struktur dan Keanggotaan Komite Pemantau b. Structure and Membership of Risk Monitoring
Risiko Committee
• Keanggotaan Komite Pemantau Risiko paling • Membership of the Risk Oversight Committee
sedikit terdiri dari 1 (satu) orang Komisaris shall consist of at least 1 (one) Independent
Independen yang merangkap sebagai Ketua, Commissioner who is also a Chairman, 1 (one)
1 (satu) orang Pihak Independen yang Independent Party with expertise in finance,
memiliki keahlian di bidang keuangan, dan 1 and 1 (one) Independent Party with expertise
(satu) orang Pihak Independen yang memiliki in risk management.
keahlian di bidang manajemen risiko.
• Komisaris Independen dan Pihak Independen • Independent Commissioners and Independent
yang menjadi anggota komite pemantau risiko Parties who are members of the risk monitoring
paling sedikit berjumlah 51% (lima puluh satu committee shall be at least 51% (fifty percent)
persen) dari jumlah anggota komite pemantau of the total members of the risk monitoring
risiko. committee.
• Anggota Direksi dilarang menjadi anggota • Members of the Board of Directors are
Komite Pemantau Risiko. prohibited from becoming members of the
Risk Oversight Committee.
• Mantan anggota Direksi Bank, mantan Pejabat • A former member of the Board of Directors
Eksekutif Bank atau pihak yang mempunyai of the Bank, former Executive Officer of
hubungan dengan Bank yang dapat the Bank or a party with a relationship with

mempengaruhi kemampuan untuk bertindak the Bank that may affect the ability to act
independen, tidak dapat menjadi Pihak independently, may not be an Independent
Independen pada Bank yang bersangkutan, Party in the Bank, before a cooling off period
sebelum menjalani masa tunggu (cooling of 6 (six) months. The cooling off period to
off) paling singkat 6 (enam) bulan. Ketentuan become an Independent Party shall not apply
masa tunggu (cooling off) untuk menjadi to former members of the Board of Directors
Pihak Independen tidak berlaku bagi mantan of the Bank or former Executive Officer in
anggota Direksi Bank atau mantan Pejabat charge of performing only a supervisory
Eksekutif yang bertugas hanya melakukan function for at least 6 (six) months.
fungsi pengawasan paling singkat 6 (enam)
bulan.
• Anggota Komite Pemantau Risiko wajib • Members of the Risk Monitoring Committee
memiliki integritas yang tinggi, kemampuan, are required to have high integrity,
pengetahuan, pengalaman sesuai dengan competence, knowledge, experience in
bidang pekerjaannya, mampu berkomunikasi, accordance with their field of work, ability
akhlak, dan moral yang baik. Bank harus to communicate, and good morale. The Bank
meneliti kebenaran seluruh dokumen/data shall examine the truth of all documents/data
pendukung pemenuhan persyaratan Pihak supporting the fulfillment of the requirements
Independen, antara lain surat pernyataan of the Independent Party, including a personal
pribadi mengenai integritas Pihak Independen. statement concerning the integrity of the
Independent Party.
• Bersedia meningkatkan kompetensi secara • Members are willing to increase competence
pelatihan.
sebagai Ketua Komite paling banyak pada 1 concurrently serve as Chairman of the
(satu) komite lain pada Bank yang sama. Committee at a maximum of another one
committee within the same Bank.
• Rangkap jabatan Pihak Independen sebagai • Multiple positions of Independent Party
Pihak Independen anggota komite lain as Independent Party members of other
pada Bank yang sama, Bank lain, dan/atau committees of the same Bank, other Banks
perusahaan lain sepanjang memenuhi seluruh and/or other companies as long as they
kompetensi yang dipersyaratkan, memenuhi meet all required competencies, shall meet
kriteria independensi, mampu menjaga the criteria of independence, shall be able to
rahasia Bank, memperhatikan kode etik yang keep the Bank’s confidentiality, shall observe
berlaku, dan tidak mengabaikan pelaksanaan the applicable code of ethics, and shall not
tugas dan tanggung jawabnya. neglect the implementation duties and
responsibilities.
Berdasarkan Surat Dewan Komisaris No.29.01/M. Based on the Letter of the Board of Commissioners
Keputusan Direksi No.29.32/S.Kep-Dir-HCD/ the Decree of the Board of Directors No. 29.32/S.
JTrust/VI/2018 tertanggal 29 Juni 2018, struktur Kep-Dir-HCD/JTrust/VI/2018 dated 29 June 2018,
dan keanggotaan Komite Pemantau Risiko adalah the structure and membership The Risk Monitoring
sebagai berikut: Committee is as follows:
1. Kwik Ing Hie (Komisaris Independen): Ketua/ 1. Kwik Ing Hie (Independent Commissioner):
Anggota Chairman/Member
2. Amalia Setyanti Lestari (Pihak Independen): 2. Amalia Setyanti Lestari (Independent Party):
Sekretaris/Anggota Secretary/Member
3. Mahdi Mahmudy (Komisaris Independen): 3. Mahdi Mahmudy (Independent
Anggota Commissioner): Member
4. Nobiru Adachi (Komisaris Utama): Anggota 4. Nobiru Adachi (President Commissioner):
Member
5. Shigeyoshi Asano (Komisaris): Anggota 5. Shigeyoshi Asano (Commissioner) : Member
6 Martinus Rosadi Nugroho (Pihak Independen): 6. Martinus Rosadi Nugroho (Independent
Anggota Party): Member

Sebagaimana dinyatakan di atas, per 31 Desember As stated above, as of December 31, 2018, the Risk
2018 Komite Pemantau Risiko diketuai oleh seorang Oversight Committee is chaired by an Independent
Komisaris Independen dengan anggotanya terdiri Commissioner with members consisting of:
dari:
a. 1 (satu) orang Komisaris Utama a. 1 (one) President Commissioner
b. 1 (satu) orang Komisaris b. 1 (one) Commissioners
c. 2 (dua) orang Komisaris Independen c. 2 (two) Independent Commissioners
(termasuk 1 orang sebagai ketua) (including 1 person as chairman)
d. 1 (satu) orang Pihak Independen yang ahli d. 1 (one) Independent Party who is expert in
dalam bidang akuntansi dan keuangan accounting and finance
e. 1 (satu) orang Pihak Independen yang ahli di e. 1 (one) Independent Party who is expert in
bidang hukum bisnis dan perbankan business and banking law
Setiap Komisaris yang menjadi Ketua dan anggota Each Commissioner who becomes the Chairman
Komite Pemantau Risiko telah efektif dinyatakan and a member of the Risk Oversight Committee
lulus uji kelayakan dan kepatutan oleh OJK. has effectively passed the feasibility and proper
Pengangkatan nama-nama Ketua dan anggota test by OJK. The appointment of the names of
Komite Pemantau Risiko sebagaimana dimaksud the Chairman and members of the Risk Oversight
di atas telah memenuhi kriteria yang ditetapkan Committee as mentioned above meets the criteria
dalam Peraturan OJK. set out in the OJK Rules.
Independen dan Pihak Independen yang menjadi Commissioners and Independent Members who
anggota Komite Pemantau Risiko berjumlah lebih are members of the Risk Monitoring Committee is
dari 51% (lima puluh satu perseratus) dari jumlah totalling more than 51% (fifty one percent) of the
keseluruhan anggota Komite Pemantau Risiko. total members of the Risk Oversight Committee.
Masa Tugas/Jabatan Anggota Komite Pemantau Term of Office of Members of Risk Monitoring
Risiko Committee
Masa tugas/jabatan anggota Komite Pemantau Term of office of members of Risk Monitoring
Risiko tidak boleh lebih lama dari masa jabatan Committee shall be no longer than the term of
Dewan Komisaris sebagaimana diatur dalam office of Board of Commissioners as set forth in
Anggaran Dasar dan dapat dipilih kembali hanya Articles of Association and may be re-appointed
untuk 1 (satu) periode berikutnya. only for the next 1 (one) period.
Masa tugas/jabatan anggota Komite Pemantau The term of office of Risk Monitoring Committee
Risiko Per 31 Desember 2018 yaitu: members as of December 31, 2018 is as follows:
Masa Tugas/Jabatan
Term of Duty/Position
Posisi di Komite
Nama Akhir Masa Tugas/
No Position in the
Name Tanggal efektif Jabatan
Committee
Effective Date The end of Duty/
Position
1 Kwik Ing Hie Ketua 21 November 2016 30 Juni 2019
(Komisaris Independen | Independent Chairman November 21, 2016 June 30, 2019
Commissioner)
2 Nobiru Adachi Anggota 26 Mei 2015 30 Juni 2020
(Komisaris Utama | President Commissioner) Member May 26, 2015 June 30, 2020
3 Shigeyoshi Asano Anggota 21 November 2016 30 Juni 2019
(Komisaris | Commissioner) Member November 21, 2016 June 30, 2019
4 Mahdi Mahmudy Anggota 21 November 2016 30 Juni 2019
(Komisaris Independen | Independent Member November 21, 2016 June 30, 2019
Commisioner)
5 Amalia Setyanti Lestari Sekretaris/Anggota 11 Januari 2016 11 Januari 2019
(Pihak Independen | Independent Party) Secretary/Member January 11, 2016 January 11, 2019
6 Martinus Rosadi Nugroho Anggota 25 Januari 2017 25 January 2020
(Pihak Independen | Independent Party) Member January 25, 2017 January 25, 2020

c. Riwayat Pendidikan dan Pengalaman Kerja c. Educational Background and Work Experience of
Anggota Komite Pemantau Risiko Members of Risk Monitoring Committee
Riwayat pendidikan dan pengalaman kerja The education and work experience of members
anggota Komite Pemantau Risiko adalah sebagai of the Risk Monitoring Committee are as follow:
berikut:
Kwik Ing Hie, Ketua/Anggota Komite Pemantau Kwik Ing Hie, Chairman/Member of Risk Monitoring
Risiko (menjabat sebagai Ketua sejak tanggal 29 Committee (served as the Chairman since June 29,
Juni 2018, dan menjadi anggota sejak 21 November 2018, and became the member since November 21,
2016 hingga sekarang) 2016 until now)
Riwayat pendidikan dan pengalaman kerja sama His education background and working experience
seperti yang telah diuraikan di atas. is similar to what has been explained above.
Nobiru Adachi, Anggota Komite Pemantau Risiko Nobiru Adachi, Member of Risk Monitoring
Warga Negara Jepang, 59 tahun. Menyelesaikan Committee
pendidikan di beberapa universitas yaitu Japanese citizen, 59 years old. Obtained education
Universitas Tokyo, Fakultas Hukum, tahun 1980; in several universities: University of Tokyo, Faculty
Case Western University, Fakultas Ekonomi, of Law, in 1980; Case Western University, Faculty
tahun 1983. Pada April 1980, bergabung dengan of Economy, 1983. On April 1980, he joined with the
Departemen Keuangan Jepang dan menjabat Financial Department of Japan and served several
berbagai jabatan strategis, yaitu Direktur Kantor strategic position, including Director of Onomichi
Pelayanan Pajak Onomichi pada Juli 1986, Tax Service Office on July 1986, Director of Vice
Direktur Wakil Menteri Keuangan untuk Urusan Finance Minister for International Affairs, within
Internasional, bagian Sekretariat Menteri pada the Ministerial Secretariat on June 1997, Legal
Juni 1997, Penasehat Hukum di Biro Anggaran, Advisor in Budget Bureau, Director on Research
Direktur pada Divisi Riset Biro Internasional Division of International Bureau on June 2002,
pada Juni 2002, Direktur Institut Riset Kebijakan Director of Policy Research Institute of Finance
Departemen Keuangan pada Juni 2004, Direktur Department on June 2004, Director General of
Jenderal Bea Cukai di Hakodate pada Juni 2005. Custom in Hakodate on June 2005. On April
Pada April 2006, ditunjuk sebagai Officer di 2006, appointed as Officer in Jasdaq Securities
Jasdaq Securities Exchange, Inc, lalu dipromosikan Exchange, Inc, then promoted as Executive Office
menjadi Executive Officer pada Juni 2006 dan on June 2006 and on October 2008, became
pada Oktober 2008, menjadi Country Head Country Head for Japan in ETF Securities Ltd.
untuk Jepang di ETF Securities Ltd. Kemudian, Then, served as Chairman and CEO in M & A
menjabat Chairman dan CEO di M & A Solution Solution Japan co, Ltd on October 2011. On April
Japan Co, Ltd pada Oktober 2011. Pada April 2013 2013, served as Advisor for J Trust. Then served as
masuk sebagai Advisor bagi J Trust. Lalu menjabat Managing Director J Trust on June 2013.
sebagai Managing Director J Trust pada Juni 2013.
Posisi selanjutnya adalah menjadi Direktur Next position is become Representative Director
Perwakilan dan Senior Managing Director yang and Senior Managing Director that responsible
bertanggung jawab atas Corporate Management on Corporate Management Dept. for JTrust
Dept. di J Trust dan terakhir pada November 2014 and lastly on November 2014, appointed as the
ditunjuk sebagai Komisaris PT Bank MutiaraTbk, Commissioner of PT Bank Mutiara Tbk, then
yang kemudian ditunjuk sebagai Komisaris Utama appointed as President Commissioner of PT Bank
PT Bank Mutiara Tbk pada tanggal 30 Desember Mutiara Tbk on December 30, 2014 that changed
2014 yang berubah nama menjadi PT Bank its name to PT Bank JTrust Indonesia Tbk since
JTrust Indonesia Tbk sejak 29 Mei 2015. Lulus Fit May 29, 2015. Passed fit and proper test on April
and Proper Test pada tanggal 14 April 2015 dan 14, 2015 and concurrently serve as the member
merangkap jabatan sebagai anggota Komite of Audit Committee, member of Risk Monitoring
Audit, anggota Komite Pemantau Risiko dan Committee and member of Nomination and
anggota Komite Nominasi dan Remunerasi mulai Remuneration Committee started on May 2015
bulan Mei 2015 hingga saat ini. Sejak tanggal 30 until now. Since October 30, 2017 and June 29,
Oktober 2017 dan 29 Juni 2018 masing-masing 2018 he is no longer served as the member of
tidak menjabat lagi sebagai anggota Komite Audit, Audit Committee and the member of nomination
dan anggota Komite Nominasi dan Remunerasi. and Remuneration Committee.

Shigeyoshi Asano, Anggota Komite Pemantau Shigeyoshi Asano, Member of Risk Monitoring
Risiko Committee
Warga Negara Jepang, 48 Tahun. Meraih gelar Japanese citizen, 48 years old. Obtained Bachelor
Sarjana Teknik dari Institut Teknologi Tokyo pada of Engineering from Tokyo Institute of Technology
tahun 1992. Kemudian, beliau meraih gelar Master in 1992. He obtained Master of Engineering from
Teknik dari Institut Teknologi Tokyo pada tahun Tokyo Institute of Technology in 1994. Started his
1994. Memulai karir di Tokyo Gas Co., Ltd. pada career in Tokyo Gas Co., Ltd. In 1994 and obtained
tahun 1994 dan memiliki pengalaman kerja 22 working experiences of 22 years in investment and
tahun di industry investasi dan bisnis. Pengalaman business industry. The latest working experience is
bekerja terakhir adalah sebagai Komisaris pada Commissioner for PT JTrust Investment Indonesia,
PT J Trust Investments Indonesia, Direktur dan Director and Executive Position for JTrust Co., Ltd.,
Pejabat Eksekutif di J Trust Co., Ltd., Komisaris di Commissioner for JTrust Co., Ltd., Commissioner
PT Group Lease Finance Indonesia, serta Direktur for PT Group Lease Finance Indonesia, as well as
di J Trust Asia PTE. LTD. Director for JTrust Asia PTE. LTD.
Melalui RUPST tanggal 30 Juni 2016 diangkat Through AGMS on June 30, 2016 he was appointed
menjadi Komisaris pada PT Bank JTrust Indonesia as Commissioner for PT Bank JTrust Indonesia Tbk
Tbk hingga sekarang. Sejak tanggal 21 November until now. Since November 21, 2016 until now, he
2016 hingga saat ini, beliau juga menjabat sebagai also serves as the member of Audit Committee,
anggota Komite Audit, anggota Komite Pemantau Risk Monitoring Committee, and Nomination and
Risiko, dan anggota Komite Nominasi dan Remuneration Committee. Since 30 October 2017,
Remunerasi. Sejak tanggal 30 Oktober 2017 tidak he is no longer serve as the member of Audit
menjabat lagi sebagai anggota Komite Audit. Committee.
Mahdi Mahmudy, Anggota Komite Pemantau Mahdi Mahmudy, Member of Risk Monitoring
Risiko (menjabat sebagai Ketua sejak tanggal 21 Committee (served as Chairman since November
November 2016 hingga 29 Juni 2018, dan menjadi 21, 2016 to June 29, 2018, and became the member
anggota sejak 21 November 2016 hingga sekarang) since November 21, 2016 until now)
Riwayat pendidikan dan pengalaman kerja sama His educational background and working
seperti yang telah diuraikan di atas. experience is similar to what has been described
above.
Amalia Setyanti Lestari, Anggota merangkap Amalia Setyanti Lestari, Member as well as
Sekretaris Komite Pemantau Risiko Secretary of Risk Monitoring Committee
Riwayat pendidikan dan pengalaman kerja sama Her educational background and working
seperti yang telah diuraikan di atas. experience is similar with the description above.
Martinus Rosadi Nugroho, Anggota Komite Martinus Rosadi Nugroho, Member of Risk
Pemantau Risiko Monitoring Committee
seperti yang telah diuraikan di atas. experience is similar with the description above.
d. Independensi Anggota Komite Pemantau Risiko d. Independence of Members of Risk Monitoring

Committee
Selama tahun 2018, seluruh anggota independen During 2018, all independent members of the Risk
pada Komite Pemantau Risiko telah memenuhi Oversight Committee have fulfilled the following
persyaratan independensi sebagai berikut: independence requirements:
1) Seluruh anggota independen pada Komite 1) All independent members of the Risk
Pemantau Risiko tidak memiliki hubungan Oversight Committee shall have no financial,
keuangan, hubungan kepengurusan, management, share ownership and/or family
kepemilikan saham, dan/atau hubungan relationships with members of the BoC,
keluarga dengan anggota Dewan Komisaris, BoD and/or Controlling Shareholders or any
Direksi dan/atau Pemegang Saham Pengendali relationship with the Bank, which may affect
atau hubungan dengan Bank, yang dapat the ability to act independently.
mempengaruhi kemampuan untuk bertindak
independen.

2) Bukan merupakan orang yang bekerja 2) None of them are working or having the
atau mempunyai wewenang dan tanggung authority and responsibility to plan, lead,
jawab untuk merencanakan, memimpin, control or supervise the activities of J Trust
mengendalikan, atau mengawasi kegiatan Bank in the last 6 (six) months, except
J Trust Bank dalam 6 (enam) bulan terakhir, Independent Commissioners.
Bank.
5) Tidak memiliki hubungan usaha baik langsung 5) Has no direct or indirect business relationship
maupun tidak langsung yang berkaitan relating to the business activities of J Trust
dengan kegiatan usaha J Trust Bank. Bank.
e. Tugas dan Tanggung Jawab Komite Pemantau e. Roles and Responsibilities of Risk Monitoring
Risiko Committee
Komite Pemantau Risiko bertugas untuk The Risk Oversight Committee has the duty to
memberikan pendapat profesional yang provide independent professional opinion to the
independen kepada Dewan Komisaris terhadap Board of Commissioners on reports or matters
laporan-laporan atau hal-hal yang disampaikan submitted by the Board of Directors to the
oleh Direksi kepada Dewan Komisaris, membantu Board of Commissioners, assisting the Board of
Dewan Komisaris atas tanggung jawab Commissioners for its oversight responsibilities,
pengawasannya, termasuk mengidentifikasi hal- including identifying issues requiring the attention
hal yang memerlukan perhatian Dewan Komisaris, of the Board of Commissioners, and supporting
dan mendukung tugas-tugas lain yang berkaitan other tasks related to the duties of the Board of
dengan tugas Dewan Komisaris, antara lain: Commissioners, among others:
1) Mengevaluasi kebijakan manajemen risiko 1) Evaluate the risk management policy proposed by
yang diajukan oleh Direksi untuk memperoleh the Board of Directors to obtain approval from the
persetujuan Dewan Komisaris. Board of Commissioners.
2) Mengevaluasi pertanggungjawaban Direksi 2) Evaluate the Board of Directors’ accountability to
kepada Dewan Komisaris atas pelaksanaan the Board of Commissioners on the implementation
kebijakan manajemen risiko. of risk management policy.
3) Melakukan pemantauan dan evaluasi atas 3) Monitor and evaluate the conformity between risk
kesesuaian antara kebijakan manajemen risiko management policy and the implementation of
dengan pelaksanaan kebijakan tersebut. the policy.
4) Melakukan pemantauan dan evaluasi 4) Monitor and evaluate the execution of the
pelaksanaan tugas Komite Manajemen Risiko duties of the Risk Management Committee
dan Satuan Kerja Manajemen Risiko, guna and Risk Management Work Unit to provide
memberikan rekomendasi kepada Dewan recommendations to the Board of Commissioners.
Komisaris.
5) Melakukan penelaahan atas ketaatan 5) Review the Bank’s compliance with laws and
Bank terhadap peraturan dan perundang- regulations in risk management and other
undangan di bidang manajemen risiko dan legislation relating to bank activities.
peraturan perundang-undangan lainnya yang
berhubungan dengan kegiatan bank.
6) Memberikan masukan dan rekomendasi 6) Provide input and recommendation to the
kepada Dewan Komisaris untuk memberikan Board of Commissioners to advise the Board of
nasihat kepada Direksi atas informasi dan/ Directors on information and/or events identified
atau peristiwa-peristiwa yang diidentifikasi as potentially or risk-bearing.
berpotensi atau mengandung risiko-risiko.
7) Melakukan penelaahan dan penelitian yang 7) Conduct review and research deemed necessary
dianggap perlu terhadap pelaksanaan fungsi for the implementation of the functions of the
Direksi dalam menyelenggarakan pengelolaan Board of Directors in organizing risk management.
risiko.
8) Mengevaluasi dan memutuskan permohonan 8) Evaluate and decide on the proposal from the Board
Direksi yang berkaitan dengan transaksi yang of Directors relating to transactions that require
memerlukan persetujuan Dewan Komisaris. the approval of the Board of Commissioners.

9) Memastikan perbaikan yang 9) Ensure continuous improvements of risk
berkesinambungan atas kebijakan manajemen management policies and implementation of risk
risiko dan pelaksanaan prosedur dan praktik management procedures and practices at all levels
manajemen risiko pada semua tingkatan guna to ensure healthy risk management and control.
memastikan telah dilakukannya pengelolaan
dan pengendalian risiko yang sehat.
f. Kebijakan dan Pelaksanaan Rapat Komite f. Policy and Conduct of Risk Monitoring Committee
Pemantau Risiko 1) Every meeting of the Risk Monitoring
1) Setiap rapat Komite Pemantau Risiko dipimpin Committee is chaired by the Chairman of
oleh Ketua Komite Pemantau Risiko yang the Risk Oversight Committee who is an
merupakan Komisaris Independen Bank. Independent Commissioner of the Bank.
2) Rapat Komite Pemantau Risiko selalu dihadiri 2) Risk Monitoring Committee Meetings are
oleh lebih dari 51% dari jumlah anggota Komite always attended by more than 51% of the
Pemantau Risiko yang anggotanya terdiri dari Risk Monitoring Committee members whose
Komisaris dan Komisaris Independen serta members consist of Commissioners and
pihak independen. Independent Commissioners and independent
3) Keputusan Rapat Komite dilakukan parties.
berdasarkan musyawarah untuk mencapai 3) Decisions of the Committee Meetings shall be
mufakat. Jika tidak mencapai musyawarah based on deliberations to reach consensus. If it
untuk mufakat, maka pengambilan keputusan does not reach a consensus, then the decision
dilakukan berdasarkan pemungutan suara shall be made by voting agreed by 2/3 (two
berdasarkan suara setuju 2/3 (dua per tiga) thirds) of the Committee members present at
anggota Komite yang hadir dalam rapat. the meeting.
4) Hasil rapat Komite Pemantau Risiko dituangkan 4) The results of the Risk Oversight Committee
dalam risalah rapat dan didokumentasikan meetings shall be set forth in minutes of
secara baik. meetings and properly documented.
6) Sepanjang tahun 2018, Komite Pemantau 6) Throughout 2018, the Risk Oversight
Risiko telah menyelenggarakan 6 kali rapat Committee has conducted 6 meetings
dengan melibatkan Satuan Kerja Manajemen involving Risk Management Work Unit, as
Risiko, juga unit kerja lainnya yang terkait (jika well as other related work units (if deemed
dipandang perlu), seperti Kepatuhan, dan lain- necessary), such as Compliance, and others.
lain.
Frekuensi tingkat kehadiran rapat setiap anggota Frequency of attendance of each member of the
Komite Pemantau Risiko sebagai berikut: Risk Monitoring Committee as follows:
Jumlah Rapat
Komite Pemantau
Jumlah
Nama Periode Jabatan Risiko % Kehadiran
Kehadiran
Name Term of Office Number of Risk Attendance
Attendance
Monitoring Committee
Meetings
Kwik Ing Hie 01 Januari s/d 31 Desember 2018 6 6 100%
(Komisaris Independen, Ketua/ 01 January to 31 December 2018
Anggota | Independent Commissioner,
Chairman | Member) *)
Nobiru Adachi 01 Januari s/d 31 Desember 2018 6 3 50%
(Komisaris Utama, Anggota | President 01 January to 31 December 2018
Commissioner Member)
Shigeyoshi Asano 01 Januari s/d 31 Desember 2018 6 2 33%
(Komisaris, Anggota | Commissioner, 01 January to 31 December 2018
Member) ***)
Mahdi Mahmudy 01 Januari s/d 31 Desember 2018 6 6 100%
(Komisaris Independen, Anggota | 01 January to 31 December 2018
Independent Commissioner,
Member) **)

Jumlah Rapat
Komite Pemantau
Jumlah
Nama Periode Jabatan Risiko % Kehadiran
Kehadiran
Name Term of Office Number of Risk Attendance
Attendance
Monitoring Committee
Meetings
Amalia Setyanti Lestari 01 Januari s/d 31 Desember 2018 6 6 100%
(Pihak Independen, Sekretaris/ 01 January to31 December 2018
Anggota | Independent Party,
Secretary/Member)
Martinus Rosadi Nugroho 01 Januari s/d 31 Desember 2018 6 6 100%
(Pihak Independen, Anggota | 01 January to 31 December 2018
Independent Party, Member)
*) Sejak tanggal 29 Juni 2018 menjabat sebagai Ketua Komite Pemantau Risiko
**) Sejak tanggal 29 Juni 2018 tidak lagi menjabat sebagai Ketua Komite Pemantau Risiko, namun
tetap menjadi anggota Komite Pemantau Risiko
***) Sebagai Direktur Utama berdasarkan Surat OJK No.KEP-31/D.03/2019 tanggal 21 Februari 2019
*) Since June 29, 2018 serves as Chairman of the Risk Monitoring Committee
**) Since June 29, 2018 no longer serves as Chairman of the Risk Monitoring Committee, however
remain a member of Risk Monitoring Committee
***) As President Director based on OJK Letter No. No. KEP-31/D.03/2019 dated February 21, 2019
g. Pendidikan dan/atau Pelatihan Anggota Komite g. Education and/or Training of Members of Risk
Pemantau Risiko Monitoring Committee
Untuk menunjang pelaksanaan tugas dan To support the implementation of duties and
tanggung jawab anggota Komite Pemantau responsibilities of Risk Monitoring Committee
Risiko, selama tahun 2018 anggota Komite members, during 2018 members of Risk Monitoring
Pemantau Risiko PT Bank JTrust Indonesia Tbk Committee of PT Bank JTrust Indonesia Tbk have
telah mengikuti berbagai program pendidikan/ attended various education/training programs,
pelatihan, workshop, konferensi, seminar, antara workshops, conferences, seminars, among others:
lain:
Nama Periode Menjabat Konferensi, Seminar Penyelenggara Tempat & Waktu
No.
Name Terms of Position Trainings, Workshop, Organizer Place and Time
Conference, Seminar
1 Martinus Rosadi Nugroho 01 Januari s/d 31 • Workshop Update PSAK 2018 Ikatan Komite Audit Jakarta/29 Maret
Desember 2018 Indonesia 2018
01 January s/d 31 Jakarta/29 March
December 2018 2018
• Diskusi Panel dengan tema: Ikatan Komite Audit Jakarta/4 Juni 2018
Tanggung Jawab Komite Indonesia Jakarta/4 June 2018
Audit Terhadap Fraud
Laporan Keuangan
2 Amalia Setyanti Lestari 01 Januari s/d 31 • APU PPT Internal Jakarta/1 Maret
Desember 2018 2018
01 January s/d 31 Jakarta/1 March
December 2018 2018
• Workshop Update PSAK 2018 Ikatan Komite Audit Jakarta/29 Maret
Indonesia 2018
Jakarta/29 March
2018
• Seminar Fintech Outlook 2018 Bizcom.id Jakarta/26 April
2018
Jakarta/26 April
2018
• Diskusi Panel dengan tema: Ikatan Komite Audit Jakarta/4 Juni 2018
Tanggung Jawab Komite Indonesia Jakarta/4 June 2018
Audit Terhadap Fraud Jakarta/14
Laporan Keuangan November 2018
• Diskusi Panel dengan tema: Ikatan Komite Audit Jakarta/14
Efektivitas Oversight Dewan Indonesia November 2018
Komisaris dan Komite Audit:
Pembelajaran dari PT. SNP
Finance

h. Program Kerja dan Realisasi Komite Pemantau h. Work Program and Realization of Risk Monitoring
Risiko Committee
Program kerja Komite Pemantau Risiko sepanjang The work program of the Risk Monitoring
tahun 2018 sebagai berikut: Committee in 2018 is as follows:
1) Memantau penerapan manajemen risiko Bank 1) Monitor the implementation of risk
termasuk dalam penentuan parameter yang management of the Bank including the
digunakan dalam penilaian sendiri profil risiko determination of parameters used in the self-
serta tingkat kesehatan Bank. assessment of risk profile and Bank soundness.
2) Memberikan pendapat atas kebijakan Bank 2) Provide an opinion on the Bank’s policies
yang terkait dengan penerapan manajemen related to the implementation of risk
risiko Bank. management of the Bank.
3) Memantau penerapan perbaikan-perbaikan 3) Monitor implementation of improvements
yang dilakukan terhadap proses yang ada made to existing processes to mitigate risks.
guna memitigasi risiko. 4) Participate in the coordination meetings of
4) Ikut berpartisipasi dalam rapat koordinasi the Board of Commissioners and the Board of
Dewan Komisaris dan Direksi dan memberikan Directors and provide the necessary inputs.
masukan yang dipandang perlu.
Realisasi Program Kerja Komite Pemantau Risiko Realization of Work Program of Risk Monitoring
sepanjang tahun 2018 sebagai berikut: Committee in 2018 is as follows:
No. Realisasi Program Kerja
Realization of Working Program
1 Pembahasan tentang Risk Appetite Statement Bank
Discussion on the Bank’s Risk Appetite Statement
2 Pembahasan hasil review pihak ketiga atas parameter-parameter yang digunakan dalam penyusunan laporan profil risiko Bank
Discussion on the third-party review on parameters used on formulating the Bank’s risk profile
3 Pembahasan tentang Profil Risiko Bank serta Tingkat Kesehatan Bank sebagaimana disampaikan kepada OJK secara
triwulanan
Discussion on the Bank’s Risk Profile as well as Increase the Bank’s Healthiness as delivered to OJK quarterly
4 Pembahasan tentang perbaikan-perbaikan yang dilakukan Bank atas kebijakan internal Bank terkait perkreditan
Discussion on imrpovements carried out by the Bank on internal policy related to loans
5 Pembahasan tentang perbaikan atas fungsi-fungsi control yang ada, seperti: Quality Assurance, dan lain lain
Discussion on improvements on existing control functions, such as: Quality Assurance, and others
6 Berdiskusi secara mendalam dengan pihak Direksi terkait kinerja perkreditan Bank, seperti: evaluasi atas kredit-kredit yang
dapat berpotensi menjadi bermasalah di periode berikut
Further discussion with the Board of Directors related to the Bank’s lending performance, such as: evaluation on loans that
will potentially cause problems in the next period
7 Pembahasan tentang revisi atas kebijakan APU-PPT sebagai bagian dari upaya pemenuhan Bank atas ketentuan OJK yang
terkini terkait APU-PPT
Discussion on revision on APU-PPT policy as part of the the Bank’s fulfillment on OJK’s updated provision on APU-PPT
8 Pembahasan tentang kerangka ICAAP serta pelaporannya
Discussion on ICAAP framework as well as its report
9 Evaluasi atas pencapaian rencana kerja SKMR dan Kepatuhan
Evaluation on achievements from SKMR and Compliance working plan
10 Ikut berpartisipasi dalam rapat koordinasi Dewan Komisaris dan Direksi
Participate in coordination meeting for the Board of Commissioners and Directors
3.3 Komite Nominasi dan Remunerasi (Nomination 3.3 Nomination and Remuneration Committee
and Remuneration Committee)
Komite Nominasi dan Remunerasi merupakan komite The Nomination and Remuneration Committee
yang dibentuk untuk membantu Dewan Komisaris is a committee established to assist the Board of
melaksanakan pengawasan terkait kebijakan nominasi Commissioners in supervising the nomination and
dan remunerasi anggota Direksi dan anggota Dewan remuneration policies of members of the Board of
Komisaris. Selain itu, tujuan pembentukan Komite juga Directors and members of the Board of Commissioners.
untuk memastikan hal-hal sebagai berikut: In addition, the purpose of establishing the Committee
is also to ensure the following:

- Memastikan kepatuhan terhadap ketentuan- − Ensure compliance with the requirements from
ketentuan otoritas pengawas Bank, Menteri the supervisory authority of the Bank, the Minister
Tenaga Kerja dan Peraturan lainnya serta hal- of Manpower and other Regulations as well
hal yang telah ditetapkan dalam Rapat Umum as matters specified in the General Meeting of
Pemegang Saham (”RUPS”). Shareholders (“GMS”).
- Memastikan pelaksanaan tugas penerapan − Ensure the implementation of the governance
tata kelola Dewan Komisaris serta memenuhi duties of the Board of Commissioners’ and to meet
persyaratan yang ditetapkan oleh otoritas the requirements stipulated by the supervisory
pengawas Bank. authority of the Bank.
Pembentukan Komite Nominasi dan Remunerasi The establishment of the Nomination and Remuneration
mengacu pada Peraturan-peraturan yang berlaku Committee refers to the following Regulations:
sebagai berikut: 1. Regulation of the Financial Services Authority
1. Peraturan Otoritas Jasa Keuangan No. 55/ No. 55/POJK.03/2016 dated December 7, 2016
POJK.03/2016 tanggal 7 Desember 2016 tentang concerning the Implementation of Good Corporate
Penerapan Tata Kelola bagi Bank Umum. Governance for Commercial Banks.
2. Surat Edaran Otoritas Jasa Keuangan No. 13/ 2. Circular Letter of the Financial Services Authority
3. Peraturan Otoritas Jasa Keuangan No. 45/ 3. Regulation of the Financial Services Authority
POJK.03/2015 tanggal 23 Desember 2015 No. 45/POJK.03/2015 dated December 23, 2015
tentang Penerapan Tata Kelola dalam Pemberian concerning the Implementation of Good Corporate
Remunerasi bagi Bank Umum. Governance in the Provision of Remuneration for
Commercial Banks.
4. Surat Edaran Otoritas Jasa Keuangan No. 40/ 4. Circular Letter of the Financial Services Authority
SEOJK.03/2016 tanggal 26 September 2016 No. 40/SEOJK.03/2016 dated September 26, 2016
tentang Penerapan Tata Kelola dalam Pemberian regarding the Implementation of Good Corporate
Remunerasi bagi Bank Umum. Governance in the Provision of Remuneration for
Commercial Banks.
5. Peraturan Otoritas Jasa Keuangan No. 34/ 5. Regulation of the Financial Services Authority
POJK.04/2014 tanggal 8 Desember 2014 tentang No. 34/POJK.04/2014 dated December 8, 2014 on
Komite Nominasi dan Remunerasi emiten atau the Nomination and Remuneration Committee of
Perusahaan Publik. the issuer or Public Company.
a. Piagam Komite Nominasi dan Remunerasi a. Nomination and Remuneration Committee

(Nomination and Remuneration Committee Charter
Charter) The Nomination and Remuneration Committee
Komite Nominasi dan Remunerasi memiliki Piagam maintains a Nomination and Remuneration
Komite Nominasi dan Remunerasi (Nomination and Committee Charter which governs matters
Remuneration Committee Charter) yang mengatur relating to the performance of duties and
hal-hal terkait dengan pelaksanaan tugas dan responsibilities and authority, composition and
tanggung jawab serta kewenangan, komposisi dan organizational structure and requirements of
struktur organisasi serta persyaratan keanggotaan, membership, methods and work procedures and
tata cara dan prosedur kerja serta waktu kerja, working hours, conduct of meetings and reporting,
pelaksanaan rapat dan pelaporan, masa tugas term of duty and honorarium. The Nomination
dan honorarium. Piagam Komite Nominasi dan and Remuneration Committee Charter will be
Remunerasi (Nomination and Remuneration reviewed periodically or if it is deemed necessary
Committee Charter) ini akan ditinjau secara to review and evaluate its adequacy by the Board
berkala atau apabila dianggap perlu di-review of Commissioners in order that the Nomination
kembali dan dievaluasi kecukupannya oleh Dewan and Remuneration Committee functions can
Komisaris agar fungsi Komite Nominasi dan be performed at an optimal level in accordance
Remunerasi dapat dilaksanakan pada tingkat yang with prevailing laws and regulations. The last
optimal sesuai dengan ketentuan perundangan Nomination and Remuneration Committee Charter
terkait yang berlaku. Piagam Komite Nominasi was reviewed and updated on August 02, 2017
dan Remunerasi (Nomination and Remuneration and has been uploaded on the Bank’s website.
Committee Charter) yang ada terakhir di-review
dan dimutakhirkan pada tanggal 02 Agustus 2017
serta telah diunggah dalam situs web Bank.

b. Struktur dan Keanggotaan Komite Nominasi dan b. Structure and Membership of Nomination and
Remunerasi Remuneration Committee
• Keanggotaan Komite Nominasi dan • Membership of the Nomination and
Remunerasi paling sedikit terdiri dari 1 (satu) Remuneration Committee shall consist of at
orang Komisaris Independen yang merangkap least 1 (one) Independent Commissioner who
sebagai Ketua, 1 (satu) orang Komisaris Non is also the Chairman, 1 (one) Non-Independent
Independen, dan 1 (satu) orang Pejabat Commissioner, and 1 (one) Executive Officer
Eksekutif yang membawahkan Sumber in charge of Human Resources or 1 (one)
Daya Manusia atau 1 (satu) orang perwakilan employee representative.
pegawai.
• Pejabat Eksekutif yang membawahkan Sumber • The Executive Officer in charge of Human
Daya Manusia atau perwakilan pegawai yang Resources or an employee representative
menjadi anggota komite harus memiliki who is a member of the Committee shall
pengetahuan dan mengetahui ketentuan have knowledge and know the provisions of
sistem remunerasi dan/atau nominasi serta the Bank’s remuneration and/or nomination
rencana suksesi (succession plan) Bank. system and the Bank’s succession plan.
• Anggota Direksi dilarang menjadi anggota • Members of the Board of Directors are
Komite Nominasi dan Remunerasi. prohibited from becoming members of the
Nomination and Remuneration Committee.
• Dalam hal jumlah anggota Komite Nominasi • In the event that the number of appointed
dan Remunerasi yang ditetapkan lebih dari members of the Nomination and Remuneration
3 (tiga) orang maka anggota Komisaris Committee are more than 3 (three) individuals,
Independen paling sedikit berjumlah 2 (dua) the Independent Commissioner shall be at
orang. least 2 (two) members.
• Dalam hal Bank membentuk Komite Nominasi • In the event that a Bank establishes a separate
dan Remunerasi secara terpisah maka Pejabat Nomination and Remuneration Committee, the
Eksekutif atau perwakilan pegawai yang Executive Officer or employee representative
menjadi anggota komite remunerasi harus who is a member of the remuneration
memiliki pengetahuan mengenai sistem committee shall have knowledge of the Bank’s
remunerasi Bank, dan Pejabat Eksekutif atau remuneration system, and the Executive
perwakilan pegawai yang menjadi anggota Officer or employee representative of the
komite nominasi harus memiliki pengetahuan nomination committee shall have knowledge
mengenai sistem nominasi dan rencana of the nomination system and succession plan
suksesi (succession plan) Bank. of the Bank.
• Memiliki integritas yang tinggi, akhlak, moral • They have high integrity, good morale,
yang baik, kemampuan pengetahuan dan knowledge and adequate banking experience,
pengalaman perbankan yang memadai, serta and ability to communicate well.
mampu berkomunikasi dengan baik.
• Memiliki pengetahuan yang cukup untuk • They have sufficient knowledge to read and
membaca dan memahami laporan keuangan understand the bank’s financial statements.
bank.
• Memiliki pengetahuan yang memadai tentang • They have adequate knowledge of the laws
peraturan perundang-undangan yang terkait and regulations related to the business
dengan kegiatan usaha bank. activities of the bank.
• Memiliki sikap mental dan etika serta tanggung • They have high mental and ethical attitudes
jawab profesi yang tinggi. and professional responsibilities.
• Memiliki kemampuan untuk menjaga informasi • They have the ability to maintain the
perusahaan yang bersifat rahasia. confidentiality of the Company’s information.
• Bersedia meningkatkan kompetensi secara • They are willing to improve competence
pelatihan.
sebagai Ketua Komite paling banyak pada 1 concurrently serve as Chairman of the
(satu) komite lain pada Bank yang sama. Committee at a maximum of another 1 (one)
committee within the same Bank.

Berdasarkan Surat Dewan Komisaris No.29.01/M. Based on Letter of the Board of Commissioners
Keputusan Direksi No.29.33/S.Kep-Dir-HCD/ Directors Decree No. 29.33/S.Kep-Dir-HCD/JTrust/
JTrust/VI/2018 tertanggal 29Juni 2018, maka VI/2018 dated 29 June 2018, the membership of
struktur dan keanggotaan Komite Nominasi dan the Nomination and Remuneration Committee is
Remunerasi menjadi sebagai berikut: as follows:
1. Mahdi Mahmudy (Komisaris Independen): 1. Mahdi Mahmudy (Independent Commissioner):
Ketua/Anggota Chairman/Member
2. N. Krisbiyanto (Pejabat Eksekutif): Sekretaris/ 2. N. Krisbiyanto (Executive Officer): Secretary/
Anggota Member
3. Shigeyoshi Asano (Komisaris): Anggota 3. Shigeyoshi Asano (Commissioner): Member
Sebagaimana dinyatakan di atas, per 31 Desember As stated above, as of 31 December 2018,

2018 Komite Nominasi dan Remunerasi diketuai Nomination and Remuneration Committee is
oleh seorang Komisaris Independen dengan chaired by an Independent Commissioner with the
anggotanya terdiri dari: member consisting of:
a. 1 (satu) orang Komisaris a. 1 (one) Commissioner
b. 1 (satu) orang Komisaris Independen b. 1 (one) Independent Commissioners
c. 1 (satu) orang Pejabat Eksekutif c. 1 (one) Executive Officer
Setiap Komisaris yang menjadi Ketua dan anggota Each Commissioner who becomes the Chairman
Komite Nominasi dan Remunerasi telah efektif and member of the Nomination and Remuneration
dinyatakan lulus uji kelayakan dan kepatutan Committee has effectively passed the feasibility
oleh OJK. Pengangkatan nama-nama Ketua and proper test by OJK. Appointment of the names
dan anggota Komite Nominasi dan Remunerasi of the Chairman and members of the Nomination
sebagaimana dimaksud di atas telah memenuhi and Remuneration Committee as mentioned
kriteria yang ditetapkan dalam Peraturan OJK. above meets the criteria set forth in the OJK Rules.
Independen dan Pejabat Eksekutif yang menjadi Commissioners and Executive Officers who are
anggota Komite Nominasi dan Remunerasi members of the Nomination and Remuneration
senantiasa berjumlah lebih dari 51% (lima puluh Committee consists of more than 51% (fifty one
satu perseratus) dari jumlah keseluruhan anggota percent) of the total members of the Nomination
Komite Nominasi dan Remunerasi. and Remuneration Committee
Masa Tugas/Jabatan Anggota Komite Nominasi Term of Office of Members of Nomination and
dan Remunerasi Remuneration Committee
Masa tugas/jabatan anggota Komite Nominasi Terms of office of members of Nomination and
dan Remunerasi maksimal 3 (tiga) tahun dengan Remuneration Committee maximum is 3 (three)
ketentuan bahwa masa tugas/jabatan tidak boleh years, provided always that the terms of office shall
melebihi masa jabatan Komisaris. not exceed the terms of office of Commissioner.

Masa tugas/jabatan anggota Komite Nominasi The term of office of members of Nomination and
dan Remunerasi Per 31 Desember 2018 yaitu: Remuneration Committee as of December 31, 2018
is as follows:
Masa Tugas/Jabatan
Terms of Duty/Position
Nama Posisi di Komite Akhir Masa Tugas/
No
Name Position in Committee Tanggal efektif Jabatan
Effective Date End of Term of Duty/
Position
1 Mahdi Mahmudy Ketua 21 November 2016 30 Juni 2019
(Komisaris Independen | Independent Chairman 21 November 2016 30 June 2019
Commissioner)
2 Shigeyoshi Asano Anggota 21 November 2016 30 Juni 2019
(Komisaris | Commisioner) Member 21 November 2016 30 June 2019
3 N. Krisbiyanto Sekretaris/Anggota 15 Juni 2016 21 Februari 2019
(Pejabat Eksekutif | Executive Officer) Secretary/Member 15 June 2016 21 February 2019

c. Riwayat Pendidikan dan Pengalaman Kerja c. Educational Background and Work Experience of
Anggota Komite Nominasi dan Remunerasi Nomination and Remuneration Committee
Riwayat pendidikan dan pengalaman kerja anggota Educational background and working experiences
Komite Nominasi dan Remunerasi PT Bank JTrust of the member of Nomination and Remuneration
Indonesia Tbk adalah sebagai berikut: Committee of PT Bank JTrust Indonesia Tbk are as
follow:
Mahdi Mahmudy, Ketua/Anggota Komite Nominasi Mahdi Mahmudy, Chairman/Member of

dan Remunerasi (menjabat sebagai Ketua sejak 29 Nomination and Remuneration Committee (served
Juni 2018 hingga sekarang) as the Chairman since 29 June 2018 until now)
seperti yang telah diuraikan di atas. experiences are similar as described above.
Shigeyoshi Asano, Anggota Komite Nominasi dan Shigeyoshi Asano, Member of Nomination and
seperti yang telah diuraikan di atas. experiences are similar as described above.
N. Krisbiyanto, Anggota merangkap Sekretaris N. Krisbiyanto, Member and also Secretary of

Komite Nominasi dan Remunerasi Nomination and Remuneration Committee.
Warga Negara Indonesia, 55 tahun. Meraih gelar Indonesian Citizen, 55 years old. Obtained Bachelor
Sarjana Teknik dari Universitas Indonesia pada tahun of Engineering from University of Indonesia in 1998
1988, dan gelar Master of Business Administration and Masters of Business Administration (MBA) in
(MBA) di Bidang Finance dari Oklahoma University, Finance from Oklahoma University, USA in 1992.
Oklahoma, USA pada tahun 1992.
Beliau pernah mengikuti beberapa kursus dan He enrolled several courses and seminars such
seminar antara lain Visioning Misioning by BTPN, as: Visioning Missioning by BTPN, ESQ, Job
ESQ, Job Valuation, Global Leadership by Telkomsel, Evaluation, Global Leadership by Telkomsel,
Employee Branding, Hongkong, HR Expo, Singtel Employee Branding, Hongkong, HR Expo, Singtel
Singapore dan lain-lain. Singapore, etc.
Pengalaman bekerja di beberapa perusahaan His working experiences includes working in

dan perbankan, beliau mulai meniti karir di PT several companies and banking. He started his
Pertamina sebagai Assistant Manager Human career at PT Pertamina as Assistant Manager of
Resources (1992-1995), di Citibank NA sebagai Human Resources (1992-1995), in Citibank NA as
Manager Human Resources for Compensation and Manager of Human Resources for Compensation
Benefit Head (1995-1997), di PT Bank Universal Tbk and Benefit Head (1995-1997), in PT Bank Universal
sebagai Senior Vice President of Human Capital Tbk as Senior Vice President of Human Capital
(1997-2002), dan pernah menjadi Ketua Tim Merger (1997-2002, and the Head of Human Resources
Human Resources dari gabungan 5 Bank di Permata Merger Team from the merging process of five
Bank (2002-2003), di Bank Permata Tbk sebagai Bank in Permata Bank (2002-2003), in Bank
Senior Vice President of Human Capital (2003- Permata Tbk as Senior Vice President of Human
2005), di PT Telekomunikasi Selular Indonesia Capital (2003-2005), in PT Telekomunikasi Selular
(TELKOMSEL) sebagai Senior Vice President of Indonesia (TELKOMSEL) as Senior Vice President
Human Resources (2005-2007), di PT Potentia of Human Resources (2005-2007), in PT Potentia
HR Consulting a Northstar Group sebagai Senior HR Consulting a Northstar Group as Senior
Consultant to PT Potentia HR Consulting (2007) Consultant to PT Potentia HR Consulting (2007)
dan di BPTN sebagai Executive Vice President for and in BPTN as Executive Vice President for
Corporate Human Capital Head (2007-2010) dan Corporate Human Capital Head (2007-2010) and
sebelum bergabung di PT Bank JTrust Indonesia before joining PT Bank JTrust Indonesia Tbk, he
Tbk beliau terakhir bekerja di PT Bank Sahabat was working for PT Bank Sahabat as part pf Senior
sebagai part of Senior Executive Triputra Group Executive Triputra Group (2010-2011) and since 1
(2010-2011) dan sejak tanggal 1 Juni 2016 sebagai June 2016 as Head of Human Capital Division in PT
Kepala Divisi Human Capital Division di PT Bank Bank JTrust Indonesia Tbk.

d. Independensi Anggota Komite Nominasi dan d. Independence of Members of Nomination and

Selama tahun 2018, seluruh anggota independen During 2018, all independent members of the
pada Komite Nominasi dan Remunerasi telah Nomination and Remuneration Committee have
memenuhi persyaratan independensi sebagai fulfilled the following independence requirements:
berikut:
1) Seluruh anggota independen pada 1) All independent members of the Nomination
Komite Nominasi dan Remunerasi tidak and Remuneration Committee shall have
memiliki hubungan keuangan, hubungan no financial relationship, management
kepengurusan, kepemilikan saham, dan/atau relationship, share ownership and/or family
hubungan keluarga dengan anggota Dewan relationships with members of the BoC,
Komisaris, Direksi dan/atau Pemegang Saham BoD and/or Controlling Shareholders or any
Pengendali atau hubungan dengan Bank, relationship with the Bank, which may affect
yang dapat mempengaruhi kemampuan untuk the ability to act independently.
bertindak independen.
2) Bukan merupakan orang yang bekerja 2) They are not employed by or have the authority
atau mempunyai wewenang dan tanggung and responsibility to plan, lead, control or
jawab untuk merencanakan, memimpin, supervise the activities of J Trust Bank in
mengendalikan, atau mengawasi kegiatan the last 6 (six) months, except Independent
J Trust Bank dalam 6 (enam) bulan terakhir, Commissioners.
Bank.
5) Tidak memiliki hubungan usaha baik langsung 5) They have no direct or indirect business
maupun tidak langsung yang berkaitan relationship related to the business activities
dengan kegiatan usaha J Trust Bank. of J Trust Bank.
e. Tugas dan Tanggung Jawab Komite Nominasi e. Roles and Responsibilities of Nomination and
dan Remunerasi Remuneration Committee
Komite Nominasi dan Remunerasi bertugas The Nomination and Remuneration Committee is
dan bertanggung jawab untuk memberikan responsible for providing recommendations to the
rekomendasi kepada Dewan Komisaris, termasuk Board of Commissioners, including but not limited
namun tidak terbatas pada hal-hal sebagai berikut: to the following:
1) Terkait dengan Kebijakan Nominasi: 1) Related to Nomination Policy:
1. Memberikan rekomendasi kepada Dewan 1. Provide recommendations to the Board of
Komisaris mengenai: Commissioners on:
• Komposisi jabatan anggota Direksi • Composition of members of the
dan/atau anggota Dewan Komisaris; Board of Directors and/or members
of the Board of Commissioners;
• Kebijakan dan kriteria yang • Policies and criteria required in the
dibutuhkan dalam proses Nominasi; Nomination process;
• Kebijakan evaluasi kinerja bagi • Performance evaluation policy for
anggota Direksi dan/atau anggota members of the Board of Directors
Dewan Komisaris and/or members of the Board of
Commissioners
2. Membantu Dewan Komisaris melakukan 2. Assist the Board of Commissioners to
penilaian kinerja anggota Direksi dan/atau evaluate the performance of members of
anggota Dewan Komisaris berdasarkan the Board of Directors and/or members of
tolok ukur yang telah disusun sebagai the Board of Commissioners on the basis
bahan evaluasi. of benchmarks that have been prepared
as evaluation materials.

3. Memberikan rekomendasi kepada 3. Provide recommendations to the Board
Dewan Komisaris mengenai program of Commissioners regarding the capacity
pengembangan kemampuan anggota building program for members of the
Direksi dan/atau anggota Dewan Board of Directors and/or members of the
Komisaris. Board of Commissioners.
4. Memberikan usulan calon yang memenuhi 4. Provide proposals of eligible candidates as
syarat sebagai anggota Direksi dan/atau members of the Board of Directors and/or
anggota Dewan Komisaris kepada Dewan members of the Board of Commissioners
Komisaris untuk disampaikan kepada to the Board of Commissioners to be
RUPS. submitted to the GMS.
2) Terkait dengan Kebijakan Remunerasi: 2) Related to Remuneration Policy:
Komisaris mengenai: Commissioners on:
• Struktur Remunerasi • Remuneration Structure
• Kebijakan atas Remunerasi • Policy on Remuneration
• Besaran atas Remunerasi • Amount of Remuneration
2. Membantu Dewan Komisaris melakukan 2. Assist the Board of Commissioners to
penilaian kinerja dengan kesesuaian conduct performance evaluation against
Remunerasi yang diterima masing-masing the remuneration received by each
anggota Direksi dan/atau anggota Dewan member of the Board of Directors and/or
Komisaris. members of the Board of Commissioners.
3. Komite memastikan bahwa kebijakan 3. The Committee shall ensure that the
remunerasi paling kurang sesuai dengan: remuneration policy is at least consistent
with:
• Kinerja keuangan dan pemenuhan • Financial performance and reserve
cadangan sebagaimana diatur dalam as required under the prevailing laws
peraturan perundang-undangan yang and regulations.
berlaku.
• Prestasi kerja individual. • Individual work achievement.
• Kewajaran dengan peer group. • Fairness with peer group.
• Pertimbangan sasaran dan strategi • Consideration of the Bank’s long term
jangka panjang Bank. goals and strategy.
4. Memberikan rekomendasi tentang: 4. Provide recommendations on:
• Penilaian terhadap sistem penggajian • Assessment of payroll systems and
dan pemberian tunjangan; benefits;
• Sistem pensiun dan sistem • Pension system and compensation
kompensasi serta manfaat lainnya system and other benefits in terms
dalam hal efisiensi jumlah karyawan. of efficiency of the number of
employees.
5. Memberikan rekomendasi mengenai 5. Provide recommendations on bonuses
bonus dan tantiem bagi anggota Direksi and tantiem for members of the Board of
dan/atau anggota Dewan Komisaris. Directors and/or members of the Board of
Commissioners.
6. Memberikan arahan terhadap kebijakan 6. Provide guidance on the Company’s
Perseroan berkenaan dengan sistem policy regarding the appointment system,
pengangkatan, penilaian kerja, pembagian job evaluation, segregation of duties and
tugas dan wewenang. authority.
7. Sistem penggajian dan pemberian 7. Payroll system and allowances for
tunjangan bagi pejabat Perseroan Company officers who have influence on
yang mempunyai pengaruh terhadap the Company’s policies and operations
kebijakan dan operasional Perseroan serta and are directly responsible to the Board
bertanggung jawab langsung kepada of Directors (Executive Officer of the
Direksi (Pejabat Eksekutif Perseroan). Company).
8. Menyusun pedoman dan tata tertib kerja 8. Prepare the guidelines and work order of
Komite (Piagam), dan melakukan review the Committee (Charter), and conduct
secara periodik sesuai kebutuhan agar periodic review as necessary so that
fungsi Komite dapat dilaksanakan pada the functions of the Committee can be
tingkat yang optimal. implemented at an optimal level.

f. Kebijakan dan Pelaksanaan Rapat Komite f. Policy and Conduct of Nomination and
Nominasi dan Remunerasi Remuneration Committee Meeting
1) Setiap rapat Komite Nominasi dan Remunerasi 1) Each Nomination and Remuneration
dipimpin oleh Ketua Komite yang merupakan Committee meeting is chaired by the Chairman
seorang Komisaris Independen Bank, dan of the Committee who is an Independent
Commissioner of the Bank, and:
2) Rapat Komite Nominasi dan Remunerasi selalu 2) Nomination and Remuneration Committee
dihadiri oleh lebih dari 51% jumlah anggota Meetings are always attended by more than
Komite Nominasi dan Remunerasi yang 51% of the members of the Nomination and
anggotanya terdiri dari Komisaris Independen Remuneration Committee whose members
selaku Ketua; dan sebagai anggota adalah consist of: Independent Commissioner as
Komisaris dan Pejabat Eksekutif. Chairperson; and as a member: Commissioner
and Executive Officer.
3) Keputusan Rapat Komite dilakukan 3) Decisions of the Committee Meetings shall be
berdasarkan musyawarah untuk mencapai based on deliberations to reach consensus.
mufakat. Jika tidak mencapai musyawarah If no consensus is reached, then the decision
mufakat, maka pengambilan keputusan is made based on voting agreed by 2/3 (two
dilakukan berdasarkan pemungutan suara thirds) of the Committee members present at
berdasarkan suara setuju 2/3 (dua per tiga) the meeting.
anggota Komite yang hadir dalam rapat.
4) Hasil rapat tertuang di dalam risalah rapat dan 4) Meeting results are set forth in minutes of
didokumentasikan dengan baik. meetings and well documented.
6) Sepanjang tahun 2018, Komite Nominasi dan 6) Throughout 2018, the Nomination and
Remunerasi telah menyelenggarakan 3 kali Remuneration Committee has held 3 meetings.
rapat.
Frekuensi tingkat kehadiran rapat setiap anggota The frequency of attendance of each member of
Komite Nominasi dan Remunerasi sebagai berikut: the Nomination and Remuneration Committee is
as follows:
Jumlah Rapat
Komite Nominasi dan Jumlah
Nama Periode Jabatan Remunerasi Kehadiran % Kehadiran
Name Terms of Position Number of Meetings Number of % of Presence
for Nomination and Presence
Mahdi Mahmudy 01 Januari s/d 31 Desember 2018 3 3 100%
(Komisaris Independen, Ketua 01 January to 31 December 2018
| Independent Commissioner,
Chairman)
Shigeyoshi Asano 01 Januari s/d 31 Desember 2018 3 3 100%
(Komisaris, Anggota | 01 January to 31 December 2018
Commisioner, Member) *)
N. Krisbiyanto 01 Januari s/d 31 Desember 2018 3 3 100%
(Pejabat Eksekutif, Anggota | 01 January to 31 December 2018
Executive Officer, Member)
*) Sebagai Direktur Utama berdasarkan Surat OJK No. No.KEP-31/D.03/2019 tanggal 21 Februari 2019
*) As the President Director based on the Letter of OJK No. KEP-31/D.03/2019 dated 21 February 2019

g. Pendidikan dan/atau Pelatihan Anggota Komite g. Education and/or Training of Members of
Nominasi dan Remunerasi Nomination and Remuneration Committee
Untuk meningkatkan kompetensi dan pemahaman To improve the competence and understanding
dalam menunjang pelaksanaan tugas dan in supporting the conduct of its duties and
tanggung jawabnya, selama tahun 2018 anggota responsibilities, during 2018 Nomination and
Komite Nominasi dan Remunerasi PT Bank JTrust Remuneration Committee members of PT Bank
Indonesia Tbk telah mengikuti berbagai program JTrust Indonesia Tbk have attended various
pendidikan/pelatihan, workshop, konferensi, education/training programs, workshops,
seminar, antara lain: conferences, seminars, among others:
Nama Periode Menjabat Konferensi, Seminar Penyelenggara Tempat & Waktu
No.
Name Terms of Position Trainings, Workshops, Organizer Place and Time
Conference, Seminars
1 N. Krisbiyanto 01 Januari s/d 31 • PDCA & Sertifikasi ISO 9001: Phitagoras Jakarta/12-13 Januari 2018
Desember 2018 2015 Jakarta/12-13 January 2018
01 January to 31 • Workshop HC GS Internal Training Jakarta/12 Januari 2018
December 2018 Jakarta/12 January 2018
• Workshop Direktorat Internal Training Jakarta/19 Januari 2018
Business 2018 Jakarta/19 January 2018
• PDCA & ISO 9001: 2015 Phitagoras Jakarta/10 Februari 2018
Jakarta/10 February 2018
• Executive Learning Lounge Business Jakarta/7 Maret 2018
2018 Growth Jakarta/7 March 2018
• The 5th Talent Management PT. Inti Pesan Pariwara Lombok/3-4 Mei 2018
Summit Lombok/3-4 May 2018
h. Program Kerja dan Realisasi Komite Nominasi h. Work Program and Realization of Nomination
dan Remunerasi and Remuneration Committee
Program kerja Komite Nominasi dan Remunerasi The work program of the Nomination and
sepanjang tahun 2018 sebagai berikut: Remuneration Committee in 2018 is as follows:
Komisaris mengenai nominasi calon Commissioners regarding the nomination
anggota Dewan Komisaris dan Direksi untuk of candidates for members of the Board
disampaikan dalam Rapat Umum Pemegang of Commissioners and Board of Directors
Saham. to be submitted in the General Meeting of
Shareholders.
Komisaris mengenai remunerasi dari anggota Commissioners regarding the remuneration of
Dewan Komisaris dan Direksi. members of the Board of Commissioners and
Board of Directors.
3. Memantau penerapan kebijakan sumber daya 3. Monitor the implementation of human
manusia terkait remunerasi dan nominasi resources policies related to remuneration
khususnya atas Dewan Komisaris, Direksi dan and nomination particularly to the Board
pejabat eksekutif. of Commissioners, Directors and executive
officers.
Realisasi Program Kerja Komite Nominasi dan The realization of the Work Program of the Nomination
Remunerasi sepanjang tahun 2018 sebagai berikut: and Remuneration Committee in 2018 is as follows:
Realisasi Program Kerja
No.
Realization of Working Program
1 Menyetujui pengunduran diri Sdr. Ahmad Fajar sebagai Komisaris PT Bank JTrust Indonesia Tbk, terhitung tanggal 1 Mei 2018.
Approved the resignation of Mr. Ahmad Fajar as Commissioner of PT Bank JTrust Indonesia Tbk, started 1 May 2018
2 Penunjukkan Sdr. Nobuiku Chiba sebagai Komisaris PT Bank JTrust Indonesia Tbk.
Appointment of Mr. Nobuiku Chiba as Commisioner of PT Bank JTrust Indonesia Tbk.
3 Pengangkatan Sdr. Shigeyoshi Asano sebagai Direktur Utama PT Bank JTrust Indonesia Tbk.
Promotion of Mr. Shigeyoshi Asano as President Director of PT Bank JTrust Indonesia Tbk.
4 Pengangkatan Sdr. Ritsuo Ando sebagai Direktur PT Bank JTrust Indonesia Tbk.
Promotion of Mr. Ritsui Ando as Director of PT Bank JTrust Indonesia Tbk.
5 Memberikan pengurangan paket remunerasi untuk semua BOD dan EVP.
Reduce remuneration package for entire BOD and EVP.

3.4 Penilaian Terhadap Kinerja Komite-Komite Di 3.4.

Performance Evaluation of Committees under
bawah Dewan Komisaris BOC
Penilaian Kinerja Komite Audit, Komite Pemantau Performance Evaluation of Audit Committee,
Risiko, dan Komite Nominasi dan Remunerasi Risk Monitoring Committee, and Nomination and
PT Bank JTrust Indonesia Tbk melaksanakan proses PT Bank JTrust Indonesia Tbk conducts performance
evaluasi kinerja Komite-komite di bawah Dewan evaluation process of Committees under the Board
Komisaris untuk menilai efektivitas pelaksanaan of Commissioners to assess the effectiveness of the
tugas Komite-komite di bawah Dewan Komisaris performance of the duties of Committees under the
melalui self assessment penerapan tata kelola Bank Board of Commissioners through the self-assessment
dimana masing-masing komite tersebut, yaitu: of the implementation of the Bank’s governance
Komite Audit, Komite Pemantau Risiko dan Komite whereby each committee namely the Audit Committee,
Nominasi dan Remunerasi mengisi Kertas Kerja Self Risk Monitoring Committee and the Nomination
Assessment untuk faktor penilaian pelaksanaan tugas and Remuneration Committee shall fill out the Self
dan tanggung jawabnya yang telah disampaikan Assessment Working Paper for the assessment of
kepada OJK melalui penyampaian Laporan hasil self the implementation of the duties and responsibilities
assessment penerapan tata kelola Bank sebagaimana submitted to OJK through the submission of the self
diatur pada Surat Edaran Otoritas Jasa Keuangan assessment report on the implementation of the
Nomor 13/SEOJK.03/2017 tanggal 17 Maret 2017 Bank’s governance as stipulated in the Circular of the
Tentang Penerapan Tata Kelola Bagi Bank Umum. Financial Services Authority No. 13/SEOJK.03/2017
dated March 17, 2017 On the Implementation of Good
Corporate Governance for Commercial Banks.
Kriteria/Indikator yang digunakan mencakup 3 (tiga) Criteria/Indicators include 3 (three) aspects of

aspek Governance: Governance:
1. Penilaian Governance Structure 1. Governance Structure Assessment
Menilai kecukupan struktur dan infrastruktur tata Assessing the adequacy of the Bank’s governance
kelola Bank agar proses penerapan prinsip Tata structure and infrastructure so that the process
Kelola yang baik menghasilkan outcome yang of adopting the Good Governance principles
sesuai dengan harapan Pemangku Kepentingan results in an outcome that is consistent with the
2. Penilaian Governance Process 2. Governance Process Assessment
Menilai efektivitas proses penerapan prinsip Tata Assessing the effectiveness of the process of
Kelola yang didukung oleh kecukupan struktur adopting GCG principles supported by the
dan infrastruktur Tata Kelola Bank sehingga adequacy of Bank Governance structure and
menghasilkan outcome yang sesuai dengan infrastructure so as to produce an outcome
harapan Pemangku Kepentingan Bank. that aligns with the expectations of the Bank’s
3. Penilaian Governance Outcome Stakeholders.
Menilai kualitas outcome yang memenuhi harapan 3. Governance Outcome Assessment
Pemangku Kepentingan Bank yang merupakan Assessing the quality of outcomes that meet the
hasil proses penerapan prinsip Tata Kelola yang expectations of the Bank’s Stakeholders as a result
baik yang didukung oleh kecukupan struktur dan of the process of adopting the Good Governance
infrastruktur Tata Kelola Bank. principles supported by the adequacy of the
Bank’s structure and infrastructure.
Komite-Komite di bawah Direksi Committees under BOD

Untuk dapat mengidentifikasi dan mengelola seluruh In order to identify and manage all types of risks
jenis risiko yang dihadapi Bank selain dilakukan oleh faced by the Bank in addition to the business unit/
unit kerja/Satuan Kerja Manajemen Risiko (SKMR), Risk Management Unit (SKMR), and establish a Risk
dan membentuk Komite Pemantau Risiko yang berada Monitoring Committee at the Board of Commissioners
pada tingkat Dewan Komisaris, maka Direksi PT Bank level, the Board of Directors of PT Bank JTrust
JTrust Indonesia Tbk juga telah membentuk dan Indonesia Tbk has also established and determined
menetapkan Komite-Komite di bawah Direksi sesuai the Committees under the Board of Directors in
dengan Surat Keputusan Direksi yang bertugas dan accordance with the Board of Directors’ duty and
bertanggung jawab secara kolektif untuk membantu collective responsibility to assist the Board of
Direksi dalam melakukan fungsi tertentu yang Directors in performing certain functions requiring
membutuhkan keahlian khusus dengan memberikan special expertise by providing guidance/advice/
bimbingan/saran/rekomendasi mengenai kebijakan recommendations for the policy and by supervising

dan melakukan pengawasan terhadap pengelolaan the Bank’s risk management. Recommendations from
risiko Bank. Rekomendasi dari setiap komite menjadi each committee will serve as a reference for the Board
acuan Direksi dalam proses pengambilan keputusan. of Directors in the decision-making process.
Komposisi keanggotaan komite-komite di bawah The composition of committees under the Board of
Direksi PT Bank JTrust Indonesia Tbk disusun sesuai Directors of PT Bank JTrust Indonesia Tbk is prepared
dengan kompleksitas tugas dan tanggung jawab in accordance with the complexity of the committee’s
komite. Komite-Komite di bawah Direksi antara lain: duties and responsibilities. Committees under the
Board of Directors include:
3.1 Komite Manajemen Risiko (Risk Management 3.1. Risk Management Committee
Committee)

Struktur dan Keanggotaan Structure and Membership
Komite Manajemen Risiko adalah Komite dalam The Risk Management Committee is a non-
Sistem Manajemen Risiko Bank yang bersifat non- structural Risk Management Committee of the
struktural, berkedudukan di Kantor Pusat yang Bank, domiciled in the Head Office to formulate
merumuskan kebijakan, strategi dan pedoman policies, strategies and guidelines for the
penerapan manajemen risiko, mengawasi implementation of risk management, to oversee
pelaksanaan kebijakan, memantau perkembangan policy implementation, to monitor the progress
dan kondisi profil risiko serta memberikan saran and conditions of the risk profile and to provide
dan langkah perbaikan dalam forum rapat minimal suggestions and remedial measures in the meeting
diselenggarakan 1 (satu) kali dalam triwulanan. which is held at least 1 (one) time on a quarterly
Pembentukan Komite ini berdasarkan pada basis. The establishment of this Committee is based
Peraturan Otoritas Jasa Keuangan Nomor 18/ on the Financial Services Authority Regulation No.
POJK.03/2016 Tentang Penerapan Manajemen 18/POJK.03/2016 concerning Implementation of
Risiko Bagi Bank Umum. Risk Management for Commercial Banks.
Sesuai Surat Keputusan Direksi No.26.05/S.Kep- In accordance with the Decree of the Board of
Dir-RMD/JTRUST/XII/2018 tanggal 26 Desember Directors No. 26.05/S.Kep-Dir-RMD/JTRUST/
2018, Struktur dan keanggotaan Komite XII/2018 dated 26 December 2018, Structure and
Manajemen Risiko sebagai berikut: membership of the Risk Management Committee
is as follows:
Susunan Anggota Komite Manajemen Risiko: Members of the Risk Management Committee:
Ketua : President Director Chairman: President Director
Wakil ketua : MD Risk, Legal & Compliance Vice Chairman: Director of Risk, Legal &
Compliance
Sekretaris : Risk Management Division Head Secretary: Head of Risk Management Division
Anggota : Anggota Tetap dengan Hak Suara Member: Permanent Voting Member
(Voting Member)
• Direktur Utama • President Director
• MD Risk, Legal & Compliance • MD Risk, Legal & Compliance
• MD Finance, Planning & IT • MD Finance, Planning & IT
• MD/EVP Business Risk & Operation • MD/EVP Business Risk & Operation
• MD Treasury & Funding • MD Treasury & Funding
• MD/EVP Business • MD/EVP Business
• MD/EVP Human Capital & General Services • MD/EVP Human Capital & General Services
Anggota Tetap Pemberi Kontribusi Tanpa Hak Contributing Permanent Non-Voting Member:
Suara (Contributing Permanent Non Voting
Member)
1. Internal Audit Division Head 1. Internal Audit Division Head

2. Corporate Legal & Compliance Division 2. Corporate Legal & Compliance Division
Head Head
3. Financial Control Division Head 3. Financial Control Division Head
4. Operation & Credit Administration 4. Operation & Credit Administration
Division Head Division Head
5. Planning Performance Division Head 5. Planning Performance Division Head

6. Corporate Secretary Division Head 6. Corporate Secretary Division Head

7. Risk Management Division Head 7. Risk Management Division Head
8. Information Technology Division Head 8. Information Technology Division Head
9. Treasury & Capital Markets Division Head 9. Treasury & Capital Markets Division Head
10. Financial Institution Division Head 10. Financial Institution Division Head
11. Cash & Financial Technology Division 11. Cash & Financial Technology Division
Head Head
12. Funding & Distribution Management 12. Funding & Distribution Management
13. Corporate, Commercial & Business 13. Corporate, Commercial & Business
Linkage Division Head Linkage Division Head
14. Retail Business Division Head 14. Retail Business Division Head
15. Special Asset Management Division Head 15. Special Asset Management Division Head
16. Human Capital & General Services Division 16. Human Capital & General Services Division
Head Head
17. Credit Risk Reviewer Division Head 17. Credit Risk Reviewer Division Head
18. President Office & Japan Linkage Division 18. President Office & Japan Linkage Division
Head Head
Wewenang dan Tanggung Jawab Roles and Responsibilities

Wewenang dan tanggung jawab Komite The roles and responsibilities of the Risk
Manajemen Risiko adalah melakukan evaluasi Management Committee are to provide
dan memberikan rekomendasi kepada President recommendations to the President Director related
Director terkait Manajemen Risiko, yang sekurang- to Risk Management, which at least include:
kurangnya meliputi:
• Penyusunan kebijakan Manajemen Risiko serta • Preparation of Risk Management policies and
perubahannya, termasuk strategi Manajemen its amendment, including Risk Management
Risiko, tingkat risiko yang diambil (risk strategies, risk appetite, and risk tolerance,
appetite) dan toleransi risiko (risk tolerance), Risk Management Framework as well as
kerangka Manajemen Risiko serta rencana contingency plan to anticipate unxecpected
kontijensi untuk mengantisipasi terjadinya condition.
kondisi tidak normal.
• Penyempurnaan proses Manajemen Risiko • Improvement Risk Management process
yang meliputi identifikasi, pengukuran, that include identification, measurement,
pemantauan dan pengendalian secara berkala monitor and mitigation periodically as well
maupun bersifat insidentil sebagai akibat as incidental as the impact of the Bank’s
dari suatu perubahan kondisi eksternal serta external and internal change that affect
internal Bank yang mempengaruhi kecukupan the capital adequacy, the Bank’s risk profile
permodalan, profil risiko Bank dan tidak and inffectiveness of Risk Management
efektifnya penerapan Manajemen Risiko implementation based on evaluation.
berdasarkan hasil evaluasi.
• Penetapan (justification) dan/atau keputusan • The justification and/or deviant business
bisnis yang menyimpang dari prosedur normal decision (irregularities) such as significant
(irregularities) seperti pelampauan ekspansi exceed business expansion compared to the
usaha yang significant dibandingkan dengan Bank’s Business Plan that already stipulated or
Rencana Bisnis Bank yang telah ditetapkan position taking or risk exposure that exceed
sebelumnya atau pengambilan posisi atau the stipulated limit.
eksposur risiko yang melampaui limit yang
telah ditetapkan.
Pelaksanaan Tugas dan Frekuensi Rapat Conduct of Duties and Frequency of Meetings
Selama tahun 2018, Komite Manajemen Risiko During 2018, the Risk Management Committee
telah menyelenggarakan 4 (empat) kali rapat baik has held 4 (four) meetings and conducted various
dalam forum rapat dan sirkuler yang membahas work programs with the following agenda:
agenda sebagai berikut:

No Tanggal Agenda Pembahasan
Date Discussion Agenda
1 17 Januari 2018 Laporan Tingkat Kesehatan Bank - Periode Desember 2017/Semester II 2018 ke Otoritas Jasa Keuangan
17 Januari 2018 (OJK) melalui sirkuler
Report on the Bank’s Healthiness Level – Period of December 2017/Semester II 2018 to the Financial Ser-
vices Authority through circular
2 19 April 2018 Laporan Profil Risiko Periode Maret 2018/Triwulan I ke Otoritas Jasa Keuangan (OJK) melalui sirkuler
19 April 2018 Report on Risk Program for the Period of March 2018/Quarter I to the Financial Services Authority
through circular
3 26 Juli 2018 Laporan Tingkat Kesehatan Bank - Periode Juni 2018/Semester I 2018 ke Otoritas Jasa Keuangan (OJK)
26 Juli 2018 Report on the Bank’s Healthiness Level – Period of June 2018/Semester I 2018 to the Financial Services
Authority
4 17 Oktober 2018 Laporan Profil Risiko Periode September 2018/Triwulan III ke Otoritas Jasa Keuangan (OJK) melalui sir-
17 Oktober 2018 kuler
Report on Risk Profile for the Preiod of September 2018/Quarter III to the Financial Services Authority
through circular
Penilaian Kinerja Komite Manajemen Risiko Performance Evaluation of Risk Management

Committee
Komite Manajemen Risiko secara rutin dan aktif The Risk Management Committee regularly and
telah melaksanakan tugasnya untuk memastikan actively undertakes its duties to ensure that risk
bahwa pengelolaan risiko di Bank berjalan dengan management in the Bank is well implemented,
baik, sehingga Bank dapat mengantisipasi setiap so that the Bank can anticipate any changes as a
perubahan sebagai akibat dari perkembangan result of business development as well as changes
usaha maupun adanya perubahan kondisi in external conditions. During 2018, the Risk
eksternal. Selama tahun 2018, Komite Manajemen Management Committee has conducted among
Risiko telah melakukan antara lain: others:
• Menyetujui Laporan Profil Risiko Bank yang • Approval for Bank Risk Profile Reports
dilakukan secara berkala. conducted periodically.
• Menyetujui Laporan Tingkat Kesehatan Bank • Approval for periodic Bank Healthiness Rating
yang dilakukan secara berkala. Report.
3.2 Asset & Liability Committee (ALCO) 3.2. Asset & Liability Committee (ALCO)
Sesuai dengan Ketentuan Bank Indonesia, dimana In accordance with Bank Indonesia Regulations,
Bank membentuk Asset & Liability Committee (ALCO) in which the Bank established an Asset & Liability
yang besaran organisasinya disesuaikan dengan Committee (ALCO) whose organizational size is
kompleksitas Bank. Asset & Liability Committee adjusted to the Bank’s complexity. Asset & Liability
(ALCO) adalah suatu komite yang bertanggung jawab Committee (ALCO) is a committee that is responsible
menetapkan kebijakan tingkat suku bunga dan strategi for determining interest rate policy and management
pengelolaan aktiva dan pasiva Bank berdasarkan strategy of Bank assets and liabilities based on
prinsip kehati-hatian dan sesuai dengan ketentuan prudent principles and in accordance with prevailing
yang berlaku. regulations.

Asset & Liability Committee (ALCO) tidak lagi The Asset & Liability Committee (ALCO) is no longer
merupakan Sub Komite dari Komite Manajemen a Sub Committee of the Risk Management Committee,
Risiko, melainkan komite tersendiri yang bertanggung but a separate committee that is responsible to the
jawab kepada Direksi. Sesuai Surat Keputusan Direksi Board of Directors. In accordance with the Letter of
No.01.63/S.Kep-DIR/TRD/JTRUST/X/2015 tanggal Decision of the Board of Directors No. 01.63/S.Kep-
01 Oktober 2015 dan perubahannya sesuai Memo DIR/TRD/JTRUST/X/2015 dated October 01, 2015 and
No.549/Memo/TRD/V/2016 tanggal 31 Mei 2016 the amendment pursuant to Memo No. 549/Memo/
perihal Permohonan Pengesahan Surat Keputusan TRD/V/2016 dated May 31, 2016 regarding Request
Direksi PT Bank J Trust Indonesia Tbk tentang Asset & for Approval of Decision Letter of Directors PT Bank
Liability Committe, Struktur dan keanggotaan Asset & J Trust Indonesia Tbk on Asset & Liability Committee,
Liability Committee (ALCO) sebagai berikut: Structure and Membership of Asset & Liability
Committee (ALCO) is as follows:

Susunan Anggota ALCO: Composition of ALCO Members:

Ketua : Direktur Utama Chairman : President Director
Wakil ketua : Direktur/EVP Treasury & Institutional Vice Chairman : Director/EVP of Treasury &
Banking Institutional Banking
Sekretaris : Kepala Divisi Treasury Secretary : Head of Treasury Division
1. Anggota dengan Hak Suara (Voting Member) 1. Voting Member

a. Anggota Tetap dengan Hak Suara (Permanent a. Permanent Voting Member
Voting Member)
• Direktur Utama • President Director
• EVP/Direktur Business • EVP/Director of Business
• EVP/Direktur Treasury & Institutional • EVP/Director of Treasury & Institutional
• EVP/Direktur Corporate Business • EVP/Director of Corporate Business
• EVP/Direktur Retail & Network • EVP/Director of Retail & Network
• EVP/Direktur Business Development • EVP/Director of Business Development
b. Anggota Tidak Tetap dengan Hak Suara (Non- b. Non-Permanent Voting Member
Permanent Voting Member)
• EVP/Direktur Finance & Operation • EVP/Director of Finance & Operation
• EVP/Direktur Commercial Risk • EVP/Director of Commercial Risk
2. Anggota Pemberi Kontribusi Tanpa Hak Suara 2. Contributing Non-Voting Member
(Contributing Non-Voting Member)
a. Anggota Tetap Pemberi Kontribusi Tanpa Hak a. Contributing Permanent Non-Voting Member
Suara (Contributing Permanent Non-Voting
Member)
• Direktur Risk & Compliance • Director of Risk & Compliance
• Direktur Information & Technology • Director of Information & Technology
• Linkage Business Division Head • Linkage Business Division Head
• Retail Business Division Head • Retail Business Division Head
• Retail Priority & Network Division Head • Retail Priority & Network Division Head
• Satuan Kerja Manajemen Risiko (SKMR) • Risk Management Business Unit (SKMR)
• Compliance & Legal Division Head • Compliance & Legal Division Head
• Planning Performance Management • Planning Performance Management
• Middle Business Division Head • Middle Business Division Head
• Corporate Business Division Head • Corporate Business Division Head
• Micro Business Division Head • Micro Business Division Head
b. Anggota Tidak Tetap Pemberi Kontribusi b. Contributing Non-Permanent & Non-Voting
Tanpa Hak Suara (Contributing Non- Member who is present based on the
Permanent & Non-Voting Member) yang hadir involvement in agenda/topic.
sesuai keterkaitan dengan agenda/topik.
• Financial Control Division Head • Financial Control Division Head
• Kepala Kantor Wilayah yang terkait • Head of Regional Office related to the
dengan materi yang menjadi agenda committee meeting agenda.
pembahasan rapat komite.
Tugas dan Tanggung Jawab Roles and Responsibilities

Asset & Liability Committee (ALCO) memiliki tugas The Asset & Liability Committee (ALCO) has the
pokok sebagai berikut: following key tasks:
• Melakukan pengembangan, kajian dan simulasi • Conduct the development, review and simulation
strategi asset dan liabilities management (ALMA). of asset and liability management strategies
(ALMA).
• Melakukan evaluasi risiko suku bunga, risiko • Evaluate interest rate risk, exchange rate risk and
nilai tukar dan risiko likluiditas beserta strategi liquidity risk and management strategies.
pengelolaannya.
• Melakukan kaji ulang pricing aktiva dan pasiva • Review assets and liabilities pricing in order to
dalam rangka mengoptimalkan pendapatan dari optimize revenue from assets and reduce expenses
aktiva dan mengurangi dari beban (biaya) dari from liabilities.
pasiva.

• Melakukan kaji ulang antar realisasi dan rencana • Review the realizations and business plans of the
bisnis bank yang telah ditetapkan. established bank.
• Menyampaikan informasi setiap perkembangan • Deliver information on every development of the
ketentuan dan peraturan yang mempengaruhi rules and regulations affecting the ALMA strategy
strategi dan kebijakan ALMA kepada Direksi. and policies to the Board of Directors.
1. Anggota Tetap Dengan Hak Suara (Permanent 1. Permanent Voting Member and Non-Permanent
Voting Member) dan Anggota Tidak Tetap dengan Voting Member
Hak Suara (Non-Permanent Voting Member)
• Sebagai pengambilan keputusan yaitu 75% • Decision making is 75% of Permanent Voting
dari Anggota Tetap Dengan Hak Suara Members and is added at least by 1 (one)
(Permanent Voting Member) dan ditambah person from Non-Permanent Voting Member.
minimal oleh 1 (satu) orang dari Anggota Tidak
Tetap dengan Hak Suara (Non-Permanent
Voting Member).
2. Anggota Tetap Pemberi Kontribusi Tanpa Hak 2. Contributing Permanent Non-Voting Member
Suara (Contributing Permanent Non-Voting and Contributing Non-Permanent & Non-Voting
Member) dan Anggota Tidak Tetap Pemberi Member
Kontribusi Tanpa Hak Suara (Contributing Non-
Permanent & Non-Voting Member)
• Sebagai pengambilan keputusan yaitu 50% • Decision-making is 50% of Contributing
dari Anggota Tetap Pemberi Kontribusi Tanpa Permanent Non-Voting Member
Hak Suara (Contributing Permanent Non-
Voting Member)
3. Working Group 3. Working Group
• Working Group komite ALCO adalah • The Working Group of the ALCO Committee
kelompok kerja yang beranggotakan is a working group of representatives of each
perwakilan masing-masing divisi, minimal division, at least represented by the Head
diwakili oleh Departement Head dari Anggota Department of a Contributing Permanent
Tetap Pemberi Kontribusi Tanpa Hak Suara Non-Voting Member and Contributing Non-
(Contributing Permanent Non-Voting Permanent & Non-Voting Member. The
Member) dan Anggota Tidak Tetap Pemberi Working Group is responsible for supporting
Kontribusi Tanpa Hak Suara (Contributing Non- the Committee in formulating proposals from
Permanent & Non-Voting Member). Working the business unit as recommendations to be
Group bertanggung jawab untuk mendukung decided by the committee in the Committee
Komite dalam merumuskan usulan dari unit meetings. Working Group participants may
kerja hingga menjadi rekomendasi yang akan be adapted based on the materials to be
diputus oleh komite di dalam rapat Komite. proposed or discussed in the Committee
Peserta Working Group dapat disesuaikan meetings.
dengan materinya yang akan diusulkan atau
dibahas dalam rapat Komite.
• Dalam mendukung persiapan Rapat Komite, • In support of the preparation of the Committee
Working Group akan melakukan pembahasan Meetings, the Working Group will discuss
atas usulan yang terkait dengan agenda Rapat the proposals related to the agenda of the
Komite. Committee Meetings.
• Dalam hal dipandang perlu melaksanakan • Where it is deemed necessary to conduct
Rapat Lintas Komite, maka Working Group a Cross-Committee Meeting, the Working
dapat mengundang group terkait dalam Group may invite relevant groups in other
Komite lain untuk membahas materi dalam Committees to discuss the matter in meetings
rapat secara lintas komite tersebut. on a cross-committee basis.
• Pertemuan Working Group diselenggarakan • The Working Group Meeting shall be held no
selambat-lambatnya 2 (dua) hari kerja later than 2 (two) working days prior to the
sebelum penyelenggaraan Rapat komite dan conduct of the Committee Meeting and it
membahas materi yang akan diputuskan pada will discuss the material to be decided at the
Rapat Komite. Committee Meetings.

• Rapat Working Group memiliki wewenang • Working Group Meetings have the authority
untuk menyetujui atau tidak menyetujui to approve or not approve the submission
pengajuan usul materi untuk dibahas dalam of material for discussion in the Committee
Rapat Komite. Meetings.
• Rapat Working Group dipimpin oleh Sekretaris • Working Group Meetings are chaired by the
Komite sesuai topik yang dibahas. Dalam Secretary of the Committee based on the
hal Sekretaris berhalangan, maka Sekretaris topics covered. In the event that the Secretary
pengganti ditetapkan oleh Sekretaris Komite is absent, the replacement Secretary shall be
yang bertindak sebagai Pimpinan Rapat determined by the Secretary of the Committee
Working Group yaitu dipimpin oleh pejabat acting as Chairman of the Working Group
struktural yang ditunjuk oleh Sekretaris Meeting which is chaired by a structural officer
Komite. appointed by the Secretary of the Committee.
• Risalah Rapat Working Group dibuat oleh • Minutes of Working Group Meetings are
Sekretaris Komite dan disampaikan kepada made by the Secretary of the Committee and
peserta rapat dengan tembusan kepada submitted to the meeting participants with a
Voting Members. copy to the Voting Members.
• Working Group bertanggung-jawab dalam • The Working Group is responsible for
pembahasan bahan rapat serta rekomendasi the discussion of meeting materials and
yang akan disampaikan dalam Rapat Komite. recommendations to be presented in the
Committee Meetings.
• Dalam hal terdapat usul materi yang • In the event that any proposed material
dibahas dalam Rapat Working Group telah discussed in the Working Group Meeting has
menghasilkan rekomendasi yang tetap, maka resulted in a permanent recommendation,
proses pengesahan dan/atau persetujuannya the process of ratification and/or approval
dari Anggota dengan Hak Suara (Direksi & of the Member with the Voting Right (Board
EVP) dapat dilaksanakan secara sirkuler. of Directors & EVP) may be implemented in
circular.
Pelaksanaan Tugas dan Frekuensi Rapat Conduct of Duties and Frequency of Meetings
Selama tahun 2018, Asset & Liability Committee During 2018, the Asset & Liability Committee (ALCO)
(ALCO) telah melaksanakan 12 (dua belas) kali has conducted 12 (twelve) meetings and conducted
rapat dan melakukan berbagai program kerja yang various work programs with agenda as follows:
membahas agenda sebagai berikut:
Tanggal Agenda Pembahasan
No
1 9 Januari 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 10 Januari 2018
9 January 2018 Calculation of Fund Transfer Pricing (FTP) started on 10 January 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 10Januari 2018
Amendment of Credit Interest Rate started on 10 January 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 10 Januari 2018
Amendment of Saving Interest Rate srarted on 10 January 2018
2 13 Februari 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 15 Februari 2018
13 February 2018 Calculation of Fund Transfer Pricing (FTP) started on 15 February 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 15 Februari 2018
Amendment of Credit Interest Rate started on 15 February 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 15 Februari 2018
Amendment of Saving Interest Rate srarted on 15 February 2018
3 14 Maret 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 15 Maret 2018
14 March 2018 Calculation of Fund Transfer Pricing (FTP) started on 15 March 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 15 Maret 2018
Amendment of Credit Interest Rate started on 15 March 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 15 Maret 2018
Amendment of Saving Interest Rate srarted on 15 March 2018
4 11 April 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 12 April 2018
11 April 2018 Calculation of Fund Transfer Pricing (FTP) started on 12 April 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 12 April 2018
Amendment of Credit Interest Rate started on 12 April 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 12 April 2018
Amendment of Saving Interest Rate srarted on 12 April 2018
5 14 Mei 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 15 Mei 2018
14 May 2018 Calculation of Fund Transfer Pricing (FTP) started on 15 May 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 15 Mei 2018
Amendment of Credit Interest Rate started on 15 May 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 15 Mei 2018
Amendment of Saving Interest Rate srarted on 15 May 2018

No
6 25 Juni 2018 1. Perhitungan Fund Transfer Pricing (FTP) berlaku mundur selama Juni 2018
25 June 2018 Calculation of Fund Transfer Pricing (FTP) applied backward on June 2018
2. Perubahan Suku Bunga Kredit berlaku mundur selama Juni 2018
Amendment of Credit Interest Rate applied backward on June 2018
3. Perubahan Suku Bunga Simpanan berlaku mundur selama Juni 2018
Amendment of Saving Interest Rate applied backward on June 2018
7 9 Juli 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 11 Juli 2018
9 July 2018 Calculation of Fund Transfer Pricing (FTP) started on 11 July 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 11 Juli 2018
Amendment of Credit Interest Rate started on 11 July 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 11 Juli 2018
Amendment of Saving Interest Rate srarted on 11 July 2018
8 23 Juli 2018 1. Perubahan wewenang Suku Bunga Special Deposito *)
23 July 2018 Amendment of Authority on Time Deposit Special Interest Rate
*) Rapat bersifat ad hoc, tidak ada Memo yang diedarkan
*)The meeting is ad hoc, and there were no Memo distribute.
9 9 Agustus 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 13 Agustus 2018
9 August 2018 Calculation of Fund Transfer Pricing (FTP) started on 13 August 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 13 Agustus 2018
Amendment of Credit Interest Rate started on 13 August 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 13 Agustus 2018
Amendment of Saving Interest Rate srarted on 13 August 2018
10 12 September 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 12 September 2018
12 September 2018 Calculation of Fund Transfer Pricing (FTP) started on 12 September 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 12 September 2018
Amendment of Credit Interest Rate started on 12 September 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 12 September 2018
Amendment of Saving Interest Rate srarted on 12 September 2018
11 1 Oktober 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 2 Oktober 2018
1 October 2018 Calculation of Fund Transfer Pricing (FTP) started on 2 October 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 2 Oktober 2018
Amendment of Credit Interest Rate started on 2 October 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 2 Oktober 2018
Amendment of Saving Interest Rate srarted on 2 October 2018
12 7 November 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 8 November 2018
7 November 2018 Calculation of Fund Transfer Pricing (FTP) started on 8 November 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 8 November 2018
Amendment of Credit Interest Rate started on 8 November 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 8 November 2018
Amendment of Saving Interest Rate srarted on 8 November 2018
13 7 Desember 2018 1. Perhitungan Fund Transfer Pricing (FTP) mulai tanggal 10 Desember 2018
7 December 2018 Calculation of Fund Transfer Pricing (FTP) started on 10 December 2018
2. Perubahan Suku Bunga Kredit berlaku mulai tanggal 10 Desember 2018
mendment of Credit Interest Rate started on 10 December 2018
3. Perubahan Suku Bunga Simpanan berlaku mulai tanggal 10 Desember 2018
Amendment of Saving Interest Rate srarted on 10 December 2018
Penilaian Kinerja Komite ALCO ALCO Committee Performance Evaluation

Komite ALCO melakukan rapat rutin bulanan untuk The ALCO Committee conducts monthly meetings
memantau risiko likuiditas dan Interest Rate Risk in to monitor liquidity risk and the Interest Rate Risk
Banking Book (IRRBB), serta mengarahkan strategi in Banking Book (IRRBB), and devises strategies to
untuk mengoptimalkan komposisi Balance Sheet dan optimize Balance Sheet composition and optimize the
mengoptimalkan Net Interest Margin (NIM) Bank. Bank’s Net Interest Margin (NIM).
3.3 Komite Pengarah Teknologi Informasi (IT 3.3 IT Steering Committee

Steering Committee)
Komite Pengarah Teknologi Informasi berfungsi The Information Technology Steering Committee
membantu Direksi dalam merumuskan dan functions to assist the Board of Directors in formulating
menetapkan rencana strategis dan kebijakan dalam and establishing strategic and policy plans in each
setiap tahapan penggunaan teknologi informasi sejak stage of the utilization of information technology since
proses perencanaan, pengadaan, pengembangan, the planning, procurement, development, operation,
operasional, pemeliharaan hingga penghentian dan maintenance to discontinuation and elimination of
penghapusan sumber daya teknologi informasi, untuk information technology resources, to improve the
meningkatkan efektivitas dan efisiensi pengolahan effectiveness and efficiency of data processing of

data kegiatan usaha PT Bank JTrust Indonesia business activities PT Bank JTrust Indonesia Tbk so
Tbk sehingga dapat memberikan hasil yang benar, as to provide correct, accurate, timely results and to
akurat, tepat waktu, dan dapat menjamin kerahasiaan maintain the confidentiality of information.
informasi.

Sehubungan dengan perubahan struktur organisasi PT In connection with changes in organizational structure
Bank JTrust Indonesia Tbk yang berlaku karena adanya of PT Bank JTrust Indonesia Tbk applicable due to
proses penyempurnaan organisasi dalam rangka the process of improving the organization in order to
penerapan prinsip-prinsip dasar tata kelola yang baik apply the basic principles of good governance and
dan untuk menyesuaikan kondisi bisnis Bank saat ini, to adjust the current business condition of the Bank,
maka dilakukan perubahan Struktur Keanggotaan the changes the Membership Structure of Information
Komite Pengarah Teknologi Informasi PT Bank JTrust Technology Steering Committee PT Bank JTrust
Indonesia Tbk berdasarkan Surat Keputusan Direksi Indonesia Tbk based on Decree of Directors No.23.02/
No.23.02/ S.Kep-Dir-ITD/JTRUST/XI/2018 tanggal 23 S.Kep-Dir-ITD/JTRUST/XI/2018 dated 23 November
Nopember 2018 sebagai berikut: 2018 is as follows:
Susunan Anggota Komite Pengarah Teknologi Composition of Members of IT Steering Committee:

Informasi:
1. Ketua, merangkap anggota: Direktur Finance, 1. Chairman, cum member: Director of Finance,
Planning & IT Planning & IT
2. Sekretaris, merangkap anggota: Kepala Divisi IT 2. Secretary, cum member: Head of IT Division
3. Anggota-anggota: 3. Members:
• Direktur Business Risk & Operation • Director of Business Risk & Operation
• Direktur Treasury and Funding • Director of Treasury and Funding
• EVP Business • EVP Business
• Kepala Divisi Cash & Financial Technology • Head of Cash & Financial Technology
• Kepala Divisi Risk Management • Head of Risk Management Division
• Kepala Divisi Corporate Legal & Compliance • Head of Corporate Legal & Compliance Division
• Kepala Divisi Operation & Credit Administration • Head of Operation & Credit Administration
• Kepala Divisi Financial Control Division
• Kepala Divisi Planning and Performance • Head of Financial Control Division
• Head of Planning & Performance Division
Fungsi Function
Komite Pengarah Teknologi Informasi berfungsi The Information Technology Steering Committee
membantu Direksi dalam merumuskan dan functions to assist the Board of Directors in formulating
menetapkan rencana strategis dan kebijakan dalam and establishing strategic and policy plans in each
setiap tahapan penggunaan teknologi informasi sejak stage of the utilization of information technology since
proses perencanaan, pengadaan, pengembangan, the planning, procurement, development, operation,
operasional, pemeliharaan hingga penghentian dan maintenance to discontinuation and elimination of
penghapusan sumber daya teknologi informasi, untuk information technology resources, to improve the
meningkatkan efektivitas dan efisiensi pengolahan effectiveness and efficiency of data processing of
data kegiatan usaha PT Bank JTrust Indonesia business activities PT Bank JTrust Indonesia Tbk so
Tbk sehingga dapat memberikan hasil yang benar, as to provide correct, accurate, timely results and to
akurat, tepat waktu, dan dapat menjamin kerahasiaan maintain the confidentiality of information.
informasi.
Wewenang Authorities:
1) Memberikan rekomendasi kepada Direksi yang 1) Provide recommendations to the Board of
terkait dengan Rencana Strategis Teknologi Directors in connection with the Information
Informasi (Information Technology Strategic Plan) Technology Strategic Plan that is in line with the
yang searah dengan rencana strategis kegiatan strategic plan of PT Bank JTrust Indonesia Tbk.
usaha PT Bank JTrust Indonesia Tbk.
terkait dengan kesesuaian proyek-proyek Directors in relation to the conformity of approved
Teknologi Informasi yang disetujui dengan Information Technology projects with the
Rencana Strategis Teknologi Informasi yang telah Information Technology Strategic Plan established
dibuat oleh PT Bank JTrust Indonesia Tbk dan juga by PT Bank JTrust Indonesia Tbk and also establish

menetapkan status prioritas proyek Teknologi the priority status of the Information Technology
Informasi serta bersifat kritikal (berdampak project as well as critical (significant) impact on
signifikan) terhadap kegiatan operasional Bank. the Bank’s operational activities.
terkait dengan kesesuaian antara pelaksanaan Directors related to the conformity of the
proyek-proyek Teknologi Informasi dengan implementation of the Information Technology
rencana proyek yang disepakati, agar sejalan projects with the agreed project plan, in line with
dengan Rencana Bisnis Bank dan senantiasa the Business Plan of the Bank and continuously
mengupayakan investasi teknologi informasi yang seek information technology investments that add
memberikan nilai tambah kepada Bank. value to the Bank.
4) Memberikan rekomendasi kepada Direksi 4) Provide recommendation to the Board of Directors
tentang teknologi yang sesuai kebutuhan sistem on technology that suits the needs of management
informasi manajemen dan kegiatan usaha, dimana information systems and business activities, where
rekomendasi yang disampaikan memperhatikan the recommendations conveyed consider the
faktor efisiensi, efektivitas serta hal-hal sebagai efficiency, effectiveness and the following factors:
berikut:
a. Rencana pelaksanaan (road map) untuk a. Road map to achieve the information
mencapai kebutuhan teknologi informasi technology needs that support the Bank’s
yang mendukung strategi bisnis Bank. Road business strategy. Road map consists of the
map terdiri dari kondisi saat ini (current state), current condition (current state), the condition
kondisi yang ingin dicapai (future state) serta to be achieved (future state) and the steps to
langkah-langkah yang akan dilakukan untuk be taken to achieve the future state.
mencapai future state.
b. Sumber daya yang dibutuhkan. b. Resources needed.
c. Keuntungan/manfaat yang akan diperoleh c. The benefits that will be obtained when the
saat rencana diterapkan. plan is implemented.
5) Memberikan rekomendasi kepada Direksi yang 5) Provide recommendations to the Board of Directors
terkait dengan efektivitas langkah-langkah in relation to the effectiveness of measures
meminimalkan risiko atas investasi Bank pada to minimize risks to the Bank’s investment in
sektor Teknologi Informasi agar investasi tersebut the Information Technology sector so that the
memberikan kontribusi terhadap tercapainya investment contributes to the achievement of the
tujuan bisnis Bank. Bank’s business objectives.
terkait dengan aktivitas pengawasan dan Directors in connection with monitoring activities
pemantauan atas kinerja Teknologi Informasi dan on the performance of Information Technology
upaya peningkatannya. and its improvement efforts.
terkait dengan upaya penyelesaian berbagai Directors in connection with efforts to resolve
masalah terkait Teknologi Informasi, yang tidak various problems related to Information
dapat diselesaikan oleh satuan kerja pengguna Technology, which can not be completed by
dan penyelenggara secara efektif, efisien dan the user and organize business units effectively,
tepat waktu. efficiently and timely.
8. Memberikan rekomendasi kepada Direksi dalam 8) Provide recommendations to the Board of
menetapkan vendor terkait penyelenggaraan Directors in determining vendors related to
Teknologi Informasi yang diserahkan kepada pihak the implementation of Information Technology
ketiga, atas dasar due diligence dengan melakukan submitted to third parties, on the basis of due
evaluasi dan menilai informasi-informasi yang diligence by evaluating and assessing information
terkait dengan penyedia jasa antara lain meliputi: related to service providers, including:
a. Eksistensi dan sejarah perusahaan. a. Existence and history of the company.
b. Kualifikasi, latar belakang dan reputasi pemilik b. Qualifications, background and reputation of
perusahaan. the company owner.
c. Perusahaan lain yang menggunakan jasa yang c. Other companies that use the same services
sama dari penyedia jasa sebagai referensi. from service providers as references.
d. Kondisi keuangan termasuk review atas d. Financial conditions including review of
laporan keuangan audited. audited financial statements.
e. Kemampuan dan efektivitas pemberian jasa e. Ability and effectiveness of providing services
termasuk dukungan purna jual. including after sales support.

f. Teknologi dan arsitektur sistem. f. Technology and system architecture.

g. Lingkungan pengendalian intern, sejarah g. Internal control environment, security history
pengamanan dan cakupan audit. and audit coverage.
h. Kepatuhan terhadap hukum dan ketentuan h. Compliance with prevailing laws and
i. Kepercayaan dan keberhasilan dalam i. Trust and success in dealing with sub
berhubungan dengan sub kontraktor. contractors.
j. Jaminan asuransi. j. Insurance coverage.
k. Kemampuan untuk menyediakan disaster k. Ability to provide disaster recovery and
recovery dan business continuity plan. business continuity plan.
l. Penerapan manajemen risiko. l. Implementation of risk management.
m. Laporan hasil pemeriksaan pihak independen. m. Independent inspection report.
9) Membuat rekomendasi kepada Direksi sebagai 9) Make recommendations to the Board of Directors
hasil proses analisa yang dilakukan terhadap as a result of the process of analysis carried out on
usulan pengembangan dan/atau pembelian the proposal of development and/or purchase of
aplikasi/software yang diajukan oleh End User/ applications/software submitted by the End User/
Unit Kerja. Business Unit.
10) Memberikan rekomendasi kepada Direksi terkait 10) Provide recommendations to the Board of
kesiapan Disaster Recovery Center (DRC), dimana Directors regarding the readiness of the Disaster
tersedianya fasilitas pengganti pada saat Pusat Recovery Center (DRC), where substitute facilities
Data (Data Center) mengalami gangguan atau are available when the Data Center is impaired or
tidak dapat berfungsi dan merekomendasikan unable to function and make recommendation for
diperlukannya pengujian secara berkala dalam regular testing in support of Business Continuity
mendukung keberlangsungan kegiatan usaha Plan. In this case it includes Data Center and DRC
(Business Continuity Plan). readiness in case of Data Center or DRC relocation.
Tanggung Jawab Responsibilities:

1) Melakukan review dan evaluasi secara berkala atas 1) Conduct periodic review and evaluation of the
implementasi proyek-proyek Teknologi Informasi implementation of Information Technology
yang dilakukan untuk memastikan keselarasan projects undertaken to ensure alignment with the
dengan rencana semula. original plan.
2) Membantu Direksi dalam menetapkan penerapan 2) Assist the Board of Directors in determining the
prinsip-prinsip sistem pengawasan dan application of supervisory and security system
pengamanan terhadap penggunaan sistem dan principles to the use of systems and applications
aplikasi yang mengandung risiko tinggi, khususnya that contain high risk, particularly concerning
yang menyangkut teknologi topologi jaringan, the technology of network topology, database,
database, komputer mikro, dan komunikasi data. microcomputer, and data communications.
3) Membantu Direksi dalam menetapkan kebijakan 3) Assist the Board of Directors in establishing
dalam penggunaan Teknologi Informasi agar policies in the use of Information Technology to
sesuai dengan kebutuhan dan kemampuan meet the needs and financial capabilities of PT
keuangan PT Bank JTrust Indonesia Tbk. Bank JTrust Indonesia Tbk.
4) Membantu Direksi dalam menetapkan 4) Assist the Board of Directors in determining
pengendalian manajemen yang meliputi management control which includes planning,
perencanaan, penetapan kebijakan, standar dan stipulation of policies, standards and procedures,
prosedur, serta organisasi yang berkaitan dengan and organizations related to the use of Information
penggunaan Teknologi Informasi pada PT Bank Technology at PT Bank JTrust Indonesia Tbk.
5) Membantu Direksi dalam menetapkan sistem 5) Assist the Board of Directors in establishing a
kontrol terhadap sistem aplikasi Teknologi control system on the Information Technology
Informasi yang akan digunakan yang mencakup application system to be used which includes
pengadaan, pengembangan, pengoperasian dan procurement, development, operation and
pemeliharaannya. maintenance.
6) Melakukan analisa atas usulan pengembangan dan 6) Analyze the proposal for development and/or
atau pembelian aplikasi/software yang diajukan purchase of applications/software submitted by
oleh End User/unit kerja. End Users/work units.
7) Analisa yang dimaksud pada angka 6) di atas 7) The analysis referred to in number 6) above shall
sekurang-kurangnya terdiri atas: consist of at least:

• Tujuan pengembangan dan atau pembelian. • Purpose of development and or purchase.
• Tingkat kebutuhan dan kepentingan Bank • The level of needs and interests of the Bank
untuk melakukan pengembangan dan atau for development and or purchase.
pembelian.
• Kesesuaian dengan Rencana Kerja Tahunan • Compliance with the Bank’s Annual Work
Bank. Plan.
• Fitur-fitur pengamanan dan pengendalian • Security and control features contained
yang terdapat pada aplikasi/software, in applications/software, hardware and
perangkat keras/hardware dan jaringan communication networks.
komunikasi tersebut.
• Maintenance dan support dari pihak vendor. • Maintenance and support from vendors.
• Aspek biaya dan manfaat. • Aspects of costs and benefits.
• Kecukupan kebijakan dan prosedur dalam • The adequacy of policies and procedures in
penyelenggaraan teknologi informasi oleh the organization of information technology by
pihak ketiga. third parties.
8) Berkoordinasi dan menyampaikan kepada unit 8) Coordinate and submit to the relevant business
kerja terkait mengenai Rencana Strategis Teknologi unit on the Information Technology Strategic
Informasi (Information Technology Strategic Plan) Plan that supports the Bank’s strategic business
yang mendukung kegiatan strategis usaha Bank, activities, which are further elaborated in the
yang selanjutnya dijabarkan dalam Rencana Bisnis Bank’s Business Plan.
Bank.
9) Melakukan analisa terhadap perkembangan dan 9) Analyze the development and change of
perubahan teknologi sistem informasi terutama di information system technology particularly in the
bidang perbankan. banking sector.
10) Mengkaji keefektifan rencana mitigasi risiko 10) Review the effectiveness of risk mitigation plans
atas pelaksanaan investasi IT serta memastikan for the implementation of IT investments and
kontribusi investasi terhadap rencana bisnis Bank. ensure investment contribution to the Bank’s
business plan.
11) Melakukan penilaian diri sendiri/self assessment 11) Conduct self-assessment for the effectiveness of
untuk efektivitas fungsi dari Komite Pengarah functions of the Information Technology Steering
Teknologi Informasi. Committee.
Pelaksanaan Tugas dan Frekuensi Rapat Conduct of Duties and Frequency of Meeting
Selama tahun 2018, Komite Pengarah Teknologi During 2018, the Information Technology Steering
Informasi telah melaksanakan 2 (dua) kali rapat yang Committee has conducted 2 (two) meetings on the
membahas agenda sebagai berikut: following agenda:
No
1 5 Februari 2018 Pembahasan Post Implementation Review Core Banking System Finacle
5 February 2018 Discussion on Post Implementation Review Core Banking System Finacle
2 23 Juli 2018 Pengajuan pengadaan Loan Origination System
23 July 2018 Proposal on Loan Origination System procurement
Penilaian Kinerja Komite Pengarah Teknologi Performance Evaluation of IT Steering Committee

Informasi
Komite Pengarah Teknologi Informasi telah The Information Technology Steering Committee has
memberikan kontribusi dalam pelaksanaan seluruh contributed to the implementation of all Information
kegiatan terkait Teknologi Informasi, di antaranya Technology related activities, including reviewing
melakukan review terhadap strategi Teknologi the Information Technology strategy, reviewing the
Informasi, review anggaran Teknologi Informasi, Information Technology budget, implementing an
melaksanakan evaluasi proyek Teknologi Informasi Information Technology project evaluation developed
yang dikembangkan sesuai dengan kebutuhan dari in accordance with the needs of the business user
business user dengan mengacu ke IT Road Map dan/ with reference to the IT Road Map and/or the Bank’s
atau Rencana Bisnis Bank serta memastikan investasi Business Plan and ensuring the investment of the
proyek Teknologi Informasi yang akan dijalankan Information Technology project to be run will provide
memberikan hasil optimal. optimal results.

3.4 Komite Human Capital (Human Capital 3.4 Human Capital Committee
Committee)

Kegiatan anggota Komite Human Capital telah The activities of the Human Capital Committee
dilaksanakan menyesuaikan dengan perubahan members have been carried out in accordance with
struktur organisasi PT Bank JTrust Indonesia Tbk yang changes to the applicable organizational structure of
berlaku. Berdasarkan Surat Keputusan (SK) Direksi PT Bank JTrust Indonesia Tbk. Based on the Decision
No.07.07/S.Kep-DIR-HCD/JTRUST/XI/2016 tanggal Letter (SK) of the Board of Directors No. 07.07/S.
07 November 2016, maka susunan Anggota Komite Kep-DIR-HCD/JTRUST/XI/2016 dated November 07,
Human Capital: 2016, the composition of Human Capital Committee
Members is as follows:
Ketua Komite A Anggota Ketua Komite B Anggota
Chairman Committee A Member Chairman Committee B Member
Direktur Utama Direktur Utama Direktur Utama Direktur Utama
President Director President Director President Director President Director
Seluruh Direktur Bidang Seluruh Direktur Bidang
Entire Directors Entire Directors
Kepala Divisi Human Capital Kepala Divisi Human Capital
Head of Human Capital Division Head of Human Capital Division
Kepala Divisi Terkait
Head of Related Division
Komite A: Committee A:
1. Memastikan keselarasan Kebijakan Human Capital 1. Ensure the alignment of Human Capital Policies
dengan strategi dan tujuan perusahaan; with corporate strategy and objectives;
2. Menetapkan strategi untuk mempertahankan 2. Establish strategies for sustaining sources and
sumber dan mengembangkan Human Capital developing qualified Human Capital;
yang berkualitas;
3. Membahas dan menyempurnakan berbagai 3. Discuss and refine various important policies
kebijakan penting terkait Human Capital; related to Human Capital;
4. Menetapkan program yang akan dijalankan 4. Establish programs to be implemented in relation
berkaitan dengan kebijakan Human Capital; to Human Capital policies;
5. Menyetujui usulan remunerasi untuk karyawan 5. Approve the remuneration proposal for new
baru level Department Head/setingkat ke atas. employees at Department Head level/above.
Komite B: Committee B:
1. Melakukan wawancara/interview/assessment 1. Conduct interviews/assessment of prospective
terhadap calon karyawan/ karyawan yang employee/employee promotion candidate for
diusulkan promosi untuk level Department Head/ Department Head level/above;
setingkat ke atas;
2. Menyetujui usulan rotasi, mutasi/demosi karyawan 2. Approve the rotation, employee transfer/demotion
untuk level Department Head/setingkat ke atas; for the Department Head level/above;
3. Menyetujui usulan remunerasi untuk karyawan 3. Approve the remuneration proposal for new
baru level Department Head/setingkat ke atas. employees at Department Head level/above.
Selama tahun 2018, Komite Human Capital telah During 2018, the Human Capital Committee has
melaksanakan 18 (delapan belas) kali rapat sirkulasi conducted 18 (eighteen) circulation meetings related
terkait dengan proses rekrutmen dengan tujuan untuk to the recruitment process with the aim of meeting
memenuhi level Department Head/setingkat ke atas the needs of Department Head level/above with the
dengan agenda sebagai berikut: following agenda:

Agenda Pembahasan Rapat
Terkait Usulan dan Penetapan
Tanggal Sirkulasi Radir HC Karyawan Penempatan Karyawan
No.
Dates HC Directors Meeting Circulation Discussion Agenda for Meetings Employee Placement
Related to Proposals and
Employee Determination
1 08 Januari 2018 | 08 January 2018 Senior Business Manager Cabang Medan | Medan Brach
2 25 Januari 2018| 25 January 2018 Business Linkage Division Head Kantor Pusat | Head Office
3 05 Februari 2018| 05 February 2018 Team Head Kantor Pusat | Head Office
4 05 Februari 2018 | 05 February 2018 Team Head Kantor Pusat | Head Office
5 05 Februari 2018 | 05 February 2018 Team Head Cabang Surabaya | Surabaya Branch
6 07 Februari 2018 | 07 February 2018 Funding Management Division Kantor Pusat | Head Office
Head
7 03 Maret 2018 | 03 March 2018 IT Audit Department Head Kantor Pusat | Head Office
8 19 Maret 2018 | 19 March 2018 Operation Center Division Head Kantor Pusat | Head Office
9 09 April 2018 | 09 April 2018 Fix Asset & GA Department Head Kantor Pusat | Head Office
10 19 April 2018 | 19 April 2018 IT Project Management Kantor Pusat | Head Office
11 26 Juni 2018 | 26 June 2018 Branch Manager Cabang Palembang | Palembang Branch
12 22 Juni 2018 | 22 June 2018 Human Capital Division Kantor Pusat | Head Office
13 02 Juli 2018 | 02 July 2018 Financial Technology Solution Kantor Pusat | Head Office
Department Head
14 09 Juli 2018 | 09 July 2018 Cash Management Department Kantor Pusat | Head Office
Head
15 11 Juli 2018 | 11 July 2018 Fee Based Revenue Management Kantor Pusat | Head Office
Department Head
16 25 Agustus 2018 | 25 August 2018 Legal Business Support Kantor Pusat | Head Office
Department Head
17 15 Oktober 2018 | 15 October 2018 Bank Financial Institution Kantor Pusat | Head Office
Department Head
18 18 Desember 2018 | 18 December 2018 IT Operation & Infrastructure Kantor Pusat | Head Office
Department Head
Penilaian Kinerja Komite Human Capital Performance Evaluation of Human Capital Committee
Komite Human Capital telah berkontribusi dalam The Human Capital Committee has contributed to the
penyempurnaan dan penyelarasan kebijakan SDM improvement and alignment of HR policies with the
dengan strategi dan tujuan perusahaan sehingga Bank Company’s strategy and objectives so that the Bank
dapat berjalan sesuai strategi dan tujuan perusahaan can proceed based on the Company’s strategy and
yang diharapkan. objectives.
3.5 Komite Produk & Aktivitas Baru (PAB) 3.5 Committee of New Products & Activities (PAB)
Dengan semakin kompleksnya risiko terhadap produk With the increasing complexity of risks to new products
dan aktivitas baru yang diterbitkan Bank sehingga and activities issued by the bank, it is necessary to
diperlukan peningkatan kewaspadaan bank melalui raise bank awareness through comprehensive review
kajian dan analisa yang komprehensif agar produk dan and analysis so that new products and activities issued
aktivitas baru yang diterbitkan tidak menimbulkan will not cause any disadvantage, and the issuance of
dampak kerugian, serta penerbitan produk dan new products and activities should take into account
aktivitas baru harus memperhatikan ketentuan yang the relevant provisions of Bank Indonesia Regulation,
terkait dalam Peraturan Bank Indonesia, Surat Edaran Bank Indonesia Circular Letter, OJK Regulations, SOP
Bank Indonesia, Peraturan OJK, SOP Produk dan of New Products and Activities, and adoption of GCG
Aktivitas Baru, dan menerapkan prinsip-prinsip GCG. principles.
Sehubungan dengan hal tersebut, maka PT Bank In relation thereto, PT Bank JTrust Indonesia Tbk has
JTrust Indonesia Tbk telah membentuk Komite Produk established a New Product & Activity Committee
& Aktivitas Baru (PAB). (PAB).


Berdasarkan Surat Keputusan (SK) Direksi No.20.07/S. Based on the Directors Decree (SK) No.20.07/S.Kep-
Kep-Dir-CFTD/JTRUST/XII/2018 tanggal 20 Desember Dir-CFTD/JTRUST/XII/2018 dated 20 December 2018
2018 (menggantikan SK Direksi No.23.03/S.Kep-DIR- (replacing SK No. 23.03/S.Kep-DIR-BID/JTRUST/
BID/JTRUST/ VIII/2016 tanggal 23 Agustus 2016), VIII/2016 dated August 23, 2016), the composition of
maka susunan Anggota Komite Produk & Aktivitas New Product & Activity Committee (PAB) Members is
Baru (PAB): as follows:
1. Ketua, merangkap anggota: Direktur Non Business 1. Chairman, cum member: Director of Non
Business
2. Sekretaris Komite: Penunjukan oleh Ketua Komite 2. Secretary: Appointed by the Chairman of the
Committee
3. Anggota: 3. Members:
1) Cash & Financial Technology Division 1) Cash & Financial Technology Division
(Inisiator) (Initiator)
2) Funding & Distribution Management Division 2) Funding & Distribution Management Division
(Inisiator) (Initiator)
3) Internal Audit Division 3) Internal Audit Division
4) Corporate Legal & Compliance Division 4) Corporate Legal & Compliance Division
5) Information Technology Division 5) Information Technology Division
6) Financial & Control Division 6) Financial & Control Division
7) Operation & Credit Administration Division 7) Operation & Credit Administration Division
8) Risk Management Division 8) Risk Management Division
9) Treasury & Capital Market Division 9) Treasury & Capital Market Division
Fungsi Function
1. Memberikan masukan dan kajian terhadap rencana 1. Provide input and review of new product plans
produk dan aktivitas baru yang akan diterbitkan and activities to be issued by taking into account
dengan mempertimbangkan profil risiko yang the risk profile that may arise from the plan.
mungkin timbul dari rencana tersebut.
2. Membuat kajian dan masukan ke manajemen 2. Prepare a review and feedback to management
terhadap produk dan aktivitas bank, dalam rangka on bank products and activities, in order to adapt,
penyesuaian, pengkinian dan perubahan dengan update and change with reference to prevailing
mengacu pada regulasi dan ketentuan yang rules and regulations.
berlaku.
Kewenangan Authority
1. Melakukan tinjauan dan kajian secara komprehensif 1. Conduct a comprehensive review of the proposed
terhadap produk dan aktivitas baru yang diajukan. new products and activities.
2. Merekomendasikan keputusan Komite Produk 2. Recommend the decision of the New Products &
& Aktivitas Baru kepada Direksi terhadap suatu Activity Committee to the Board of Directors of a
produk dan aktivitas baru bank. new product and activity of the bank.
Tugas-Tugas Duties
1. Menyelenggarakan pertemuan/rapat untuk 1. Organize meetings to review the issuance of bank
mengkaji penerbitan produk dan aktivitas bank, products and activities, both for new products and
baik untuk produk baru maupun produk yang products that are already in operation if deemed
sudah berjalan apabila dirasa diperlukan. necessary.
2. Membahas regulasi/ketentuan baru yang berlaku 2. Discuss the newly enacted regulations that have
yang memiliki dampak pada operasional, produk, an impact on the operations, products, services
layanan dan teknologi bank, dalam rangka and technology of the bank, in the context of
penyesuaian, pengkinian dan perubahan yang adjustments, updates and changes to be made.
harus dilakukan.
3. Memberikan jawaban, penjelasan dan masukan 3. Provide answers, explanations and inputs to
kepada regulator seperti Otoritas Jasa Keuangan regulators such as the Financial Services Authority
(OJK) dan Bank Indonesia (BI) atas kebijakan dan (OJK) and Bank Indonesia (BI) on policies and
ketentuan berkenaan dengan Produk dan Aktivitas regulations regarding New Products and Activities.
Baru.

Tanggung Jawab Responsibilities
1. Bertanggung jawab bahwa produk dan aktivitas 1. Be responsible that newly issued products and
baru yang diterbitkan sudah sesuai dengan activities are in compliance with applicable
(comply with) regulasi yang berlaku. regulations.
2. Bertanggung jawab memberikan masukan dan 2. Be responsible to provide input and
rekomendasi kepada Direksi terhadap usulan recommendation to the Board of Directors on the
Produk dan Aktivitas Baru. proposed New Products and Activities.
Di tahun 2018, Komite Produk & Aktivitas Baru (PAB) In 2018, the New Products & Activity Committee
telah menyelenggarakan 7 (tujuh) kali rapat yang (PAB) has organized 7 (seven) meetings that discuss
membahas agenda sebagai berikut: the following agenda:
No Tanggal Agenda Pembahasan
1 31 Juli 2018 Internet banking Individu dan Internet Banking Mobile
31 July 2018 Individual Internet banking and Internet Banking Mobile
2 8 Agustus 2018 Rapat persiapan JTrust Bank sebagai Bank penyimpan dan margin
8 August 2018 JTrust Bank preparation Meeting as saving and margin Bank
3 10 Agustus 2018 Virtual Account and Pay Day Loan
10 August 2018
4 28 September 2018 Piloting ATM CRM
28 September 2018
5 9 Oktober 2018 Piloting Jtrust Virtual Account
9 October 2018
6 12 Oktober 2018 Debito on line dan QR payment
12 October 2018
7 13 Desember 2018 Piloting ATM Setor Tarik
13 December 2018
Penilaian Kinerja Komite Produk & Aktivitas Baru Performance Evaluation of PAB Committee
Komite Produk & Aktivitas Baru telah melakukan The New Product & Activity Committee has performed
fungsinya dengan memberikan masukan dan opini its function by providing input and opinion of the
produk-produk yang akan di-launching/diterbitkan. products to be launched/published. Opinion is made
Pemberian opini dilakukan melalui memo dan juga through memo and also evaluation at the meetings
evaluasi pada saat pertemuan tentang produk pertaining to the product. Some of the products that
tersebut. Beberapa produk yang telah dibahas antara have been discussed include: publishing bancassurance
lain: penerbitan produk bancassurance, Giro bisnis products, Business account and Community Savings
dan rencana Tabungan Komunitas (Tabungan Moe). plans (Tabungan Moe). Discussions are made in
Pembahasan yang dilakukan berkaitan dengan risiko relation to risks arising from new products, applicable
yang timbul dari produk baru, ketentuan yang berlaku provisions relating to such products, the legality of
yang berhubungan dengan produk tersebut, legalitas cooperative agreements and operational systems.
dari perjanjian kerja sama dan sistem operasional.
Keputusan yang diambil oleh Komite Produk & Decisions made by the New Products & Activity
Aktivitas Baru akan menjadi rekomendasi bagi Committee will be a recommendation for management
manajemen untuk memutuskan kebijakan terhadap to decide policies for such product. This is the most
suatu produk. Ini merupakan hal yang paling penting important matter for the launch of the New Products
dari kehadiran Komite Produk & Aktivitas Baru. Kinerja & Activity Committee. The performance of the New
Komite Produk & Aktivitas Baru diwujudkan melalui Products & Activity Committee is realized through
masukan yang tepat dan akurat terhadap produk- appropriate and accurate inputs on published
produk yang diterbitkan, memberikan saran dan products, by advising and reviewing and keeping
kajian serta menjaga agar produk-produk tersebut the products from conflicting with the applicable
tidak bertentangan dengan ketentuan yang berlaku. provisions. Such inputs will assist management in
Dengan adanya masukan tersebut manajemen akan determining the policy.
terbantu dalam menentukan kebijakan.
3.6. Komite Kredit (Credit Committee) 3.6. Credit Committee

Proses kredit yang memperhatikan prinsip kehati- The credit process that takes into account the prudent
hatian dan penerapan four eyes principle merupakan principle and four eyes principle serves as the main
prinsip utama yang mendasari pengambilan principles underlying credit decision making where

keputusan kredit dimana setiap keputusan kredit every credit decision is made by 2 (two) independent
minimal dilakukan oleh 2 (dua) orang pemegang authorities, derived from Business Unit on one side,
kewenangan yang independen, berasal dari Business and Credit Risk Reviewer (CRR) on the other side. The
Unit di satu pihak, dan Credit Risk Reviewer (CRR) Credit Approval process is conducted by the Credit
pada pihak lainnya. Proses Persetujuan Kredit secara Committee in accordance with the limit of authority.
four-eyes dilakukan oleh Komite Kredit sesuai limit
kewenangannya.
Inisiasi kredit dan pengajuan proposal kredit Credit initiation and credit proposal submission are
dilakukan oleh Business Unit. Credit Risk Reviewer conducted by Business Unit. Credit Risk Reviewers
akan melakukan kaji ulang (review) dan memberikan will conduct reviews and provide recommendations
rekomendasi terhadap proposal kredit yang telah on credit proposals made by Business Units. In the
dibuat oleh Business Unit. Dalam proses review, review process, Business Units may request Credit
Business Unit dapat meminta unit Credit Risk Reviewer Risk Review unit to undertake project visits (on the
untuk melakukan kunjungan proyek (on the spot), spot), particularly in order to assess a complex credit
khususnya dalam rangka menilai suatu permohonan application. The credit proposal or initiation is made
kredit yang dinilai kompleks. Proposal atau inisiasi completely by the Business Unit in accordance with
kredit dibuat secara lengkap oleh Business Unit the Bank Credit Implementation Guidelines and other
sesuai dengan Pedoman Pelaksanaan Kredit Bank provisions such as the memorandum of procedures
dan ketentuan-ketentuan lain seperti memorandum which govern SOP for loan process.
prosedur yang mengatur mengenai SOP pemberian
kredit.

Keputusan kredit diambil oleh pemegang kewenangan Credit decisions are taken by the authorized party
melalui Rapat Komite Kredit atau sirkulair sesuai through Credit Committee Meeting or circulars in
dengan limit kredit yang diajukan. accordance with the proposed credit limit.
Rapat Komite Kredit (RKK) dihadiri oleh pejabat Credit Committee Meetings (RKK) are attended
pemegang kewenangan memutus kredit sesuai limit by officers who have the authority to terminate the
yang ditetapkan (voting member), perekomendasi, credit based on the stipulated limit (voting member),
pengusul, dan non voting member yaitu Divisi recommendation, proposal, and non voting members
Corporate Legal & Compliance. which are Corporate Legal & Compliance Division.
Pemutus kredit adalah pejabat yang karena Credit decision maker is an officer whose ability,
kemampuan, kompetensi dan integritasnya diberi competence and integrity are authorized to approve
wewenang untuk memutus kredit kredit yang mewakili credits representing Business Unit and Credit Risk
fungsi Business Unit dan Credit Risk Reviewer sesuai Reviewer in accordance with the four eyes principle.
dengan four eyes principle.
Keputusan kredit di bawah kewenangan Direksi/EVP Credit decisions under the authority of the Board
dilakukan oleh minimal 2 (dua) Pemegang Kewenangan of Directors/EVP shall be conducted by at least 2
Memutus Kredit (PKK) yaitu individu yang diberi (two) Authorized Parties to Approve Credit (PKK) i.e.
kewenangan memutus kredit mewakili Business Unit individuals authorized to approve credit representing
dan Credit Risk Reviewer dengan Batas Wewenang Business Units and Credit Risk Reviewer with the
Memutus Kredit yang ditetapkan oleh Direksi. Limit of Authority to Approve Credit stipulated by the
Board of Directors.
Dengan demikian sesuai limit kredit yang ditetapkan Accordingly, in accordance with the credit limit
dalam Pedoman Pelaksanaan Kredit di tahun 2018 stipulated in the Credit Implementation Guidelines
bahwa kewenangan Komite Kredit terdiri atas: 2018 that the authority of Credit Committee is as
follows:
Pemegang Kewenangan dapat dikategorikan menjadi Authority owner can be categorized into 2 (two):
2 (dua), yaitu:
a) Pemegang Kewenangan Kategori A a) Authority Category A
1) Lembaga yang memutus kredit tertinggi, 1) The highest decision authority, at least
minimal terdiri dari 2 (dua) pihak yaitu dari comprises of 2 (two) parties: Business or
Direksi Business atau Treasury & Funding Treasury & Funding Director and Business

dan Direksi Business Risk yang melakukan Risk Director who conducts a review on
kajian atas rekomendasi tingkat pertama dan recommendation on the first level and
memberikan keputusan kredit final sesuai limit provide final credit decision according to their
kewenangannya melalui mekanisme Sirkulasi authority limit through Circulation mechanism
atau RKK. or RKK.
2) Kategori A dibagi menjadi 3 sub kategori, 2) Category A is divided into 3 sub categories as
antara lain: follow:
(a) Kategori A1 (> Rp50 miliar) (a) Category A1 (>Rp50 billion)
Mekanisme persetujuan melalui RKK. Approval mechanism through RRK
Voting Member: Voting Member:
Keputusan kredit wajib diputuskan dan Credit decision is obligated to be decided and
ditandatangani oleh 3 Direksi di bawah ini: signed by these 3 Directors:
• President Director - President Director
• MD Business Risk - MD Business Risk
• MD Business atau MD Treasury & - MD Business or MD Treasury & Funding
Funding

Non Voting Member: Non Voting Member:
• MD Risk, Legal & Compliance (wajib - MD Risk, Legal & Compliance (required
menandatangani keputusan kredit to sign the credit decision and present in
dan hadir pada RKK) RKK)
• Compliance Division Head dan - Compliance Division Head and Corporate
Corporate Legal Division Head (wajib Legal Division Head (required to make
membuat opini kepatuhan dan tidak compliance opinion and not obligated to
diwajibkan menghadiri RKK) present at RKK)
• Risk Management Division Head - Risk Management Division Head (as
(sebagai pejabat pengganti replacement officer replacing Compliance
Compliance Division Head) Division Head)
Propose: Propose:
• Business Unit (wajib membuat NAK); - Business Unit (required to make NAK);
dan and
• Credit Risk Reviewer Unit (wajib - Credit Risk Reviewer Unit (required to
membuat ARR). make ARR).
(b) Kategori A2 (> Rp20 – 50 miliar) (b) Category A2 (>Rp20 – 50 billion)
Mekanisme persetujuan melalui Sirkulasi The approval mechanism is through Circulation
dan apabila dipandang perlu dilakukan and, if necessary, required to conduct RKK
RKK sesuai dengan permintaan President according to the request from President
Director. Director.

Keputusan kredit wajib diputuskan dan Credit decision is required to be made and
ditandatangani oleh 3 Direksi di bawah ini: signed by these 3 Directors:
• President Director - President Director
• MD Business atau MD Treasury & - MD Business or MD Treasury & Funding
Funding

• MD Risk, Legal & Compliance (wajib - MD Risk, Legal & Compliance (required to
menandatangani keputusan kredit) sign credit decision)
• Compliance Division Head dan - Compliance Division Head and Corporate
Corporate Legal Division Head (wajib Legal Division Head (required to make
membuat opini kepatuhan dan tidak compliance opinion and not required to
diwajibkan menghadiri RKK) attend RKK)


(sebagai pejabat pengganti the replacement officer for Compliance
Propose: Propose:
• Business Unit (wajib membuat NAK); - Business Unit (required to make NAK);
dan and
• Credit Risk Reviewer Unit (wajib - Credit Risk Reviewer Unit (required to
(c) Kategori A3 (> Rp5 – 20 miliar) (c) Category A3 (> Rp5 – 20 billion)
Mekanisme persetujuan melalui Sirkulasi. Approval mechanism conducted through
Circulation.

Keputusan kredit wajib diputuskan dan Credit decision is required to be decided
ditandatangani oleh 2 Direksi di bawah ini: and signed by these 2 Directors:
• MD Business atau MD Treasury & - MD Business or MD treasury & Funding
Funding

• MD Risk, Legal & Compliance (wajib - MD Risk, Legal & Compliance (required
menandatangani keputusan kredit) to sign credit decision)
• Compliance Division Head dan - Compliance Division Head and
Corporate Legal Division Head (wajib Corporate Legal Division Head
membuat opini kepatuhan dan tidak (required to make compliance opinion
diwajibkan menghadiri RKK) and not required to attend RKK)
(sebagai pejabat pengganti replacement office for Compliance
Propose: Propose:
• Business Unit (wajib membuat NAK); - Business Unit (required to make
dan NAK); and
• Credit Risk Reviewer Unit (wajib - Credit Risk reviewer Unit (required to
(3) Apabila President Director berhalangan 3) Should the President Director is present,
hadir, maka dapat digantikan dengan 2 hence it can be replaced with 2 (two)
(dua) orang MD yang ditunjuk secara MD appointed in writing and specifically
tertulis dan khusus oleh President Director by President Director as credit decision
sebagai pemutus kredit. maker.
(4)
Khusus untuk MD pengusul yang 4) For MD who propose that lead Business
membawahi Business Unit atau Treasury & Unit or Treasury & Funding, should they
Funding apabila berhalangan hadir, maka are not able to present, hence replaceable
dapat digantikan dengan 2 (dua) orang with 2 (two) EVP that has ample
EVP yang memiliki kompetensi yang competencies in credit sector.
memadai di bidang perkreditan.
b) Pemegang Kewenangan Kategori B Authorization Holder Category B

(1) Lembaga yang memutus kredit di tingkat 1) Credit decision maker institution in the second
kedua untuk limit Division Head yang terdiri level for the limit of Division Head consist of 2
dari 2 (dua) pihak voting member, yaitu (two) voting member: Business Unit and Credit
Business Unit dan Credit Risk Reviewer serta Risk Reviewer as well as provide recommendation
memberikan rekomendasi pada usulan kredit on credit proposal proposed in the first level
yang akan diajukan pada tingkat pertama (Credit Committee Category A) by conducting a
(Komite Kredit Kategori A) dengan melakukan study and preliminary devision on the compliance

kajian dan pemutusan awal terhadap of the credit decision. The credit approval
kelayakan pemberian kredit tersebut. mechanism through Credit Committee Category
Mekanisme persetujuan kredit melalui Komite B is conducted circularly.
Kredit Kategori B dilakukan secara sirkulair.
(2) Pemegang Keputusan Kredit (PKK) adalah 2) Credit Decision maker (PKK) is an individual (or
individu (atau pejabat Bank secara ex- Bank officer in ex-officio) that given an authority
officio) yang diberikan kewenangan memutus to decide credit in second level in line with credit
kredit di tingkat kedua sesuai dengan Batas disbursement limit (BWMK). BWMK is the amount
Wewenang Memutus Kredit (BWMK). BWMK of limit that given by the Board of Directors to
merupakan besarnya limit yang diberikan oleh decide credit in four eyes principle.
Direksi untuk memutus kredit secara four eyes
principle.
(3) Kategori B dibagi menjadi 2 sub kategori, 3) Category B consists of 2 sub categories:
antara lain:
(a) Kategori B1 (≤ Rp10 miliar) (a) Category B1 (≤ Rp10 billion)

• Business Unit Division Head - Business Unit Division Head
• Credit Risk Reviewer Division Head - Credit Risk Reviewer Division Head
(b) Kategori B2 (≤ Rp5 miliar) (b) Category B2 (≤ Rp5 billion)

• Pejabat yang ditunjuk oleh Business - Officers appointed by Business Unit
Unit Division Head Division Head
• Pejabat yang ditunjuk oleh Credit Risk - Officers appointed by Credit Risk
Reviewer Division Head Reviewer Division Head
(4) Pejabat pemegang kewenangan memutus 4) Credit decision maker for category B only can
kredit kategori B hanya dapat memutus approve credit according to their authority
persetujuan kredit sesuai dengan limit credit limit according to the list of decision
kewenangannya sesuai dengan daftar pejabat maker officers (PPK) that stipulated in the
pemegang kewenangan memutus kredit Decree of the Board of Directors stipulated
(PKK) yang tercantum pada Surat Keputusan separately.
Direksi yang diatur secara terpisah.

Komite Kredit bertanggung jawab untuk menelaah The Credit Committee is responsible for reviewing
dan memberikan keputusan atas aplikasi/permohonan and giving decision on the application/request for
fasilitas kredit sesuai Batas Wewenang Memutus credit facility according to the Limit of Authority to
Kredit (BWMK)-nya dalam rangka pemenuhan prinsip Approve Credit (BWMK) in order to comply with the
kehati-hatian pemberian kredit yang sehat baik prudent principle of sound credit for the application
untuk permohonan fasilitas kredit baru, penambahan, of new credit facility, addition, extension, amendment
perpanjangan, perubahan (penggantian agunan, (replacement of collateral, amendment of time period/
perubahan jangka waktu/rescheduling, restrukturisasi, rescheduling, restructuring, etc.).
dan sebagainya).
Selama tahun 2018, Komite Kredit telah melaksanakan During 2018, the Credit Committee has conducted
rapat sesuai kebutuhan dan permohonan kredit. meetings based on needs and credit applications.
Selanjutnya program kerja yang dilaksanakan adalah The further work program being implemented is to
memastikan keputusan kredit telah sesuai dengan ensure that the credit decision is in accordance with
Kebijakan Perkreditan Bank dan Pedoman Pelaksanaan the Credit Policy of Bank and Guidelines for Credit
Kredit PT Bank JTrust Indonesia Tbk yang berlaku. Implementation of PT Bank JTrust Indonesia Tbk.
Penilaian Kinerja Komite Kredit Performance Evaluation of Credit Committee

Komite Kredit telah memperhatikan prinsip kehati- The Credit Committee has taken into account
hatian dan penerapan four eyes principle sesuai limit the prudent principles and four eyes principle in
kewenangannya dalam proses pemberian kredit. accordance with the limits of its authority in the
process of credit approval.
BAB IV PENERAPAN FUNGSI KEPATUHAN BANK, AUDIT INTERN

DAN AUDIT EKSTERN
CHAPTER IV Implementation of the Bank’s Compliance Function, Internal Audit, and

External Audit
4.1 Penerapan Fungsi Kepatuhan Bank 4.1.

Implementation of the Bank’s Compliance
Function
Penerapan Fungsi Kepatuhan Bank berpedoman The implementation of the Bank’s Compliance
pada Peraturan Otoritas Jasa Keuangan Nomor Function refers to Financial Services Authority
46/POJK.03/2017 tanggal 12 Juli 2017 tentang Regulation (PBI) No. 46/POJK.03/2017 dated July 12,
Pelaksanaan Fungsi Kepatuhan Bank Umum. 2017 on “Implementation of the Compliance Function
of Commercial Bank.”
Fungsi Kepatuhan adalah serangkaian tindakan atau The Compliance Function is a series of tasks or
langkah-langkah yang bersifat preventif (ex-ante) measures that are preventive in nature to:
untuk:
a. Mewujudkan terlaksananya Budaya Kepatuhan a. Realize and implement the compliance culture at
pada semua tingkatan organisasi dan kegiatan all levels of the organization and activities of the
usaha Bank. Bank.
b. Mengelola Risiko Kepatuhan yang dihadapi oleh b. Manage compliance risks faced by the Bank.
Bank.
c. Memastikan bahwa kebijakan, ketentuan, sistem, c. Ensure that the policies, regulations, systems and
dan prosedur, serta kegiatan usaha Bank telah procedures, as well as business activities of the
sesuai dengan ketentuan Otoritas Jasa Keuangan Bank are in accordance with the provisions of
dan peraturan perundang-undangan yang berlaku. Bank Indonesia/Financial Services Authority and
the prevailing legislations.
d. Memastikan kepatuhan Bank terhadap komitmen d. Ensure the Bank is in compliance with the
yang dibuat oleh Bank kepada Otoritas Jasa commitments made to Financial Services
Keuangan dan/atau otoritas pengawas lain yang Authority and/or other relevant supervisory
berwenang. authorities.
Komitmen penerapan fungsi kepatuhan perlu The commitment for the implementation of the
dilaksanakan secara konsisten dan merupakan unsur compliance function should be carried out consistently
yang penting dalam meminimalkan risiko kepatuhan and is an important element in minimizing compliance
dan membangun budaya kepatuhan. risk and building a compliance culture.
4.1.1. Peran Dewan Komisaris dan Direksi 4.1.1. Role of the Board of Commissioners and
Directors
Dewan Komisaris dan Direksi memegang peranan The Board of Commissioners and the Board of
penting dalam melakukan pengawasan aktif antara Directors have an important role in conducting active
lain dalam bentuk persetujuan atas kebijakan dan surveillance, among others in the form of approval
prosedur, pelaporan secara periodik, dan permintaan of policies and procedures, periodic reports, and
penjelasan. Fungsi Kepatuhan yang bersifat ex-ante requesting explanations. The Compliance Function is
(sebelum terjadi event yang tidak diharapkan) dapat preventive and anticipative in nature, and carried out in
terlaksana secara menyeluruh (comprehensive), yaitu a comprehensive manner, not only through enforcing
tersedianya kebijakan/peraturan, Standar Operasional the policies/regulations and standard operating
Prosedur (SOP), juga pencegahan langsung oleh procedures (SOP), but also directly preventing the
para pelakunya jika telah terjadi internalisasi budaya perpetrators. This environment can only be created if
kepatuhan secara menyeluruh bagi seluruh karyawan there has been a comprehensive internalization of the
sehingga karyawan diharapkan memiliki kesadaran compliance culture to all employees so they are well
atas risiko di masing-masing unit kerjanya. aware of the risks in each of their work units.
a. Dewan Komisaris wajib melakukan pengawasan a. The Board of Commissioners is required to actively
aktif terhadap pelaksanaan Fungsi Kepatuhan di monitor the implementation of compliance
Bank, dengan: function at the Bank through:
a) Mengevaluasi pelaksanaan Fungsi Kepatuhan a) Evaluating the implementation of Bank
Bank paling kurang 2 (dua) kali dalam Compliance Function at least 2 (two) times

satu tahun melalui laporan pelaksanaan a year through the implementation report
tugas yang disampaikan oleh Direktur yang submitted by the Director responsible for the
Membawahkan Fungsi Kepatuhan kepada Compliance Function and the implementation
Otoritas Jasa Keuangan, yang ditembuskan report submitted by the Compliance
kepada Direktur Utama dan Dewan Komisaris, Division/Unit. The appropriate and accurate
maupun laporan mengenai pelaksanaan evaluation are carried out through the Board
Fungsi Kepatuhan Bank yang disampaikan of Commissioners, Board of Directors and
oleh Divisi/Satuan Kerja Kepatuhan. Untuk Committee meetings.
melaksanakan evaluasi yang tepat dan akurat
dapat dilakukan melalui rapat-rapat, baik
rapat Dewan Komisaris, rapat Direksi maupun
rapat komite-komite.
b) Berdasarkan hasil evaluasi pelaksanaan b) Based on the evaluation results on the
Fungsi Kepatuhan, Dewan Komisaris implementation of the Compliance Function,
menyampaikan saran kepada Direktur Utama the Board of Commissioners conveys the
dengan tembusan kepada Direktur yang recommendations of the Directors in order to
membawahkan Fungsi Kepatuhan dalam improve the quality of the Bank’s Compliance
rangka meningkatkan kualitas pelaksanaan Function implementation.
Fungsi Kepatuhan Bank.
b. Direksi berkewajiban: b. The Board of Directors will:

a) Menumbuhkan dan mewujudkan terlaksananya a) Develop and realize the Compliance Culture at
Budaya Kepatuhan pada semua tingkatan all levels of the organization and activities of
organisasi dan kegiatan usaha Bank. the Bank.
b) Memastikan terlaksananya Fungsi Kepatuhan b) Ensure the implementation of the Bank’s
Bank. Compliance Function.
4.1.2. Kerangka Kerja Kepatuhan 4.1.2. Compliance Framework

Kerangka Kerja Kepatuhan menyajikan kebijakan dan The Compliance Framework presents the policies
pedoman/Standar Operasional Prosedur kepatuhan and guidelines/Standard Operating Procedures
serta pengawasan bagi Bank. Kebijakan dan Pedoman of compliance and supervision of the Bank. The
Kepatuhan ini bertujuan untuk memastikan ketaatan Compliance Policy and Guidelines are intended to
pada hukum, peraturan, perundang-undangan, ensure compliance with laws, regulations, legislation,
kebijakan internal, kode etik dan pedoman tingkah internal policies, codes of conduct, and behavioral
laku. Kebijakan dan Pedoman disusun sesuai guidelines. The Policies and Guidelines are prepared
dengan Peraturan Otoritas Jasa Keuangan Nomor in accordance with Financial Services Authority
46/POJK.03/2017 tanggal 12 Juli 2017 tentang Regulation (PJOK) 46/POJK.03/2017 dated July
Pelaksanaan Fungsi Kepatuhan Bank Umum, 12, 2017 on the Implementation of the Compliance
dan best practice yang berlaku dalam rangka Function for Commercial Bank, and the applicable
mengidentifikasikan, menilai, memonitor dan best practices in order to continually identify, assess,
mengontrol risiko kepatuhan secara terus menerus di monitor and control compliance risk in all businesses
seluruh kegiatan usaha dan aktivitas di Bank. and activities of the Bank.
Bank melaksanakan mitigasi risiko kepatuhan sejalan Bank carry out mitigation implementation of
dengan perkembangan, tantangan serta risiko usaha compliance risk in line with the development and
Bank yang semakin besar dan kompleks. increased complexity, challenges, and risks of the
Bank’s business.
Fungsi Kepatuhan pada satuan kerja kepatuhan The role of the compliance work unit in addition to
selain memiliki kemampuan pemantauan yang monitor preventory and anticipatory capabilities,
bersifat ex-ante, juga secara berkesinambungan is to perform Compliance Risk management on an
melakukan pengelolaan Risiko Kepatuhan selaras ongoing basis in line with the implementation of risk
dengan penerapan manajemen risiko di Bank secara management of the Bank as a whole.
keseluruhan.

Kerangka Kerja Pengelolaan Risiko Kepatuhan Compliance Risk Management Framework

Kerangka kerja pengelolaan Risiko Kepatuhan The Compliance Risk management framework is
dilakukan melalui pendekatan penerapan budaya implemented through an approach based on the
kepatuhan yang didasarkan pada 3 (tiga) lini following 3 (three) lines of defense:
pertahanan yaitu:
BUDAYA KEPATUHAN
Nilai, Perilaku, Tindakan
COMPLIANCE CULTURE
Value, Behaviour, Actions
1st Lines of 2nd Lines of 3rd Lines of

Defense Defense Defense
Operational Bank Fungsi Kepatuhan Bank | Bank Compliance Function Satuan Kerja Audit
Bank Operations Kontrol Desain | Control Design Internal Audit Unit
Struktur Kepatuhan Assurance

Compliance Structure Assurance
Efektivitas
• Direksi
Fungsi Effectivity
Board of Directors
Kontrol Aktivitas Kepatuhan Risiko Kepatuhan Aktivitas dan Desain
• Direktur Kepatuhan
Control Activities Compliance Compliance Risk Kontrol
Compliance Director
Function • Satuan Kerja Kepatuhan Control Design and
Compliance Unit
Activity
• Dewan Komisaris
Board of Commissioners
KODE ETIK PERILAKU CODE OF CONDUCT
PERATURAN PERUNDANG-UNDANGAN LAW & REGULATION
a. First Lines of Defense, merupakan peran lini a. First Lines of Defense, a role represented by the
pertahanan pertama yang diwakili oleh Unit Bisnis Business Units and Support Units that serves as
dan Unit Pendukung yang berfungsi sebagai the risk-taking and risk owner unit, where they
unit pengambil dan pemilik risiko (risk taking pursue business growth and make decisions which
and risk owner unit), dimana mereka mengejar take into account risk aspects.
pertumbuhan usaha dan mengambil keputusan
yang mempertimbangkan aspek risiko.
b. Second Lines of Defense, merupakan lini b. Second Lines of Defense, carried out by the Risk
pertahanan kedua yang dilakukan oleh Risk Management Division and the Compliance Division,
Management Division dan Compliance Division which serves as a risk control unit, whose duties
yang berfungsi sebagai risk control unit, yang include: establishing the framework and internal
tugasnya antara lain: menetapkan kerangka dan regulations on the management of risk, both in
regulasi internal mengenai pengelolaan risiko, financial and non-financial nature; monitoring of
baik yang sifatnya finansial maupun non finansial; how the business and non-business functions are
melakukan pemantauan terhadap bagaimana carried out in the corridors of risk management
fungsi bisnis dan non bisnis dilaksanakan dalam policies and established standard operating
koridor kebijakan manajemen risiko, dan prosedur procedures ex ante (preventive measures).
standar operasional yang telah ditetapkan. Lini
pertahanan ini melakukan serangkaian tindakan
atau langkah-langkah yang bersifat preventif/
pencegahan (ex ante).
c. Third Lines of Defense, merupakan lini pertahanan c. Third Lines of Defense, carried out by the internal
ketiga yang dilaksanakan oleh auditor internal auditor who serves as risk assurance. Auditors
yang berfungsi sebagai risk assurance. Auditor are independent and responsible directly to the

bersifat independen dan bertanggung jawab President Director. The primary role of internal
langsung kepada Direktur Utama. Peran utama auditors related to risk management is conducting
auditor internal terkait manajemen risiko adalah a review and periodic evaluation of the framework
melakukan review dan evaluasi berkala terhadap and the governance of the overall risk of the Bank’s
kerangka dan tata kelola risiko di Bank secara performed by the first and second line of defense
keseluruhan yang dilakukan oleh lini pertahanan to ensure these lines are operating in accordance
pertama dan kedua untuk memastikan kedua with their respective roles ex post (review after
lini ini berjalan sesuai dengan perannya masing- the event).
masing (ex post).
4.1.3. Kunci Keberhasilan dan Tantangan Dalam 4.1.3. Key of Success and Challenges in the
Penerapan Fungsi Kepatuhan Implementation of the Compliance Function
PT Bank JTrust Indonesia Tbk terus berupaya PT Bank JTrust Indonesia Tbk continuously strives to
meningkatkan sinergi antara fungsi kepatuhan dan improve the synergy between the compliance function
fungsi bisnis tetap berjalan dengan baik apabila and business functions given the following key success
serangkaian faktor kunci keberhasilan (key success factors are maintained and implemented namely:
factor) dapat dipenuhi, yaitu:
• Start From The Top • Start From the Top
Komitmen tinggi dari Direksi dan Dewan The high commitment of the Board of
Komisaris, termasuk para pejabat eksekutif Commissioners, Board of Directors, and
organisasi tersebut. Keberadaan kebijakan dan Executive Officers of the organization. The
prosedur kepatuhan yang telah ditetapkan harus prevailing compliance policies and procedures
diupayakan semaksimal mungkin oleh seluruh are fully adhered to at all levels of management
jajaran manajemen sesuai dengan tugas, tanggung in accordance with their respective duties,
jawab dan wewenangnya masing-masing. responsibilities, and authorities.
• Compliance Culture • Compliance Culture

Adanya budaya ‘patuh’ disemua jajaran pekerja The existence of the ‘compliance’ culture across
dan manajemen merupakan salah satu faktor the ranks of employees and management is one
penentu keberhasilan dalam menjaga strategi of the critical success factors in maintaining the
sinergi antara fungsi kepatuhan dan fungsi bisnis synergy between the compliance and the business
sebagaimana diinginkan. Secara konkrit untuk function. In concrete terms, to ensure that
menjamin bahwa kepatuhan telah disepakati compliance is embedded as one of the element
sebagai salah satu budaya perusahaan, maka of corporate culture, it is necessary to set forth in
perlu dituangkan dalam berbagai ketentuan the Bank’s various prevailing internal provisions,
internal bank yang berlaku, antara lain dalam among others the provisions in GCG, code of
ketentuan GCG, kode etik, serta kebijakan dan conduct, as well as other compliance policies
prosedur kepatuhan lainnya. Dengan demikian and procedures. Subsequently enabling the
penerapannya dapat dipantau dan ditingkatkan. implementation to be monitored and improved.
• Compliance Procedure and Policy in Place • Compliance Procedure and Policy in Place
Keberadaan kebijakan dan prosedur kepatuhan The existence of formal compliance policies and
formal merupakan kunci keberhasilan karena procedures is a key to success because it reflects
hal tersebut mencerminkan kesiapan dan the readiness and seriousness of an organization
kesungguhan suatu organisasi untuk menerapkan to implement the compliance functions as
fungsi kepatuhan sebagaimana diamanatkan mandated by the regulator. These compliance
oleh regulator. Harus jelas tergambar uraian policies and procedures should clearly illustrate
tugas, tanggung jawab dan wewenang fungsi the duties, responsibilities, and authority of the
kepatuhan dalam mengelola risiko yang dihadapi compliance function in managing the risks faced
oleh organisasi, termasuk tata cara pengelolaan by the organization, including the procedures for
isu-isu utama risiko yang mencakup proses managing the main issues of risk that includes
identifikasi, pengukuran, penilaian dan mitigasi the identification, measurement, assessment, and
risiko kepatuhan. mitigation of compliance risk.
• People and Infrastructure • People and Infrastructure

Faktor kunci keberhasilan penerapan fungsi A key factor in successful implementation of
kepatuhan di suatu organisasi pada akhirnya the compliance function of an organization
akan bertumpu pada keberadaan sumber ultimately relies on the human resources and

daya manusia dan infrastruktur lainnya seperti other infrastructure, such as information systems
teknologi sistem informasi baik untuk pelaporan technology, both for reporting and data storage.
maupun penyimpanan data. Dalam hal ini perlu In this respect, the conditions of the human
dicermati kondisi sumber daya manusia, dalam resources must be observed, human resources that
artian diperlukan sumber daya manusia yang have multi-talent or skills is required, considering
memiliki multi-talent atau skills mengingat isu-isu compliance issues are so broad in scope and
kepatuhan yang demikian luas cakupannya dan dynamically changing.
senantiasa berubah secara dinamis.
4.1.4. Direktur yang Membawahkan Fungsi Kepatuhan 4.1.4.

Director Responsible for the Compliance
Function
1. Tugas dan tanggung jawab yang dimiliki oleh 1. Duties and responsibilities of the Director
Direktur yang Membawahkan Fungsi Kepatuhan Responsible for the Compliance Function are:
adalah:
a. Merumuskan strategi guna mendorong a. Formulate strategies to encourage the
terciptanya Budaya Kepatuhan Bank. creation of the Bank’s Compliance Culture.
b. Mengkaji dan mengusulkan kebijakan b. Study and recommend compliance policy or
kepatuhan atau prinsip-prinsip kepatuhan principles to be endorsed by the Board of
yang akan ditetapkan oleh Direksi. Directors.
c. Menetapkan sistem dan prosedur kepatuhan c. Establish the compliance systems and
yang akan digunakan untuk menyusun procedures to be utilized to formulate the
ketentuan dan pedoman internal Bank. Bank’s internal rules and guidelines.
d. Mengkomunikasikan kebijakan dan prosedur d. Communicate the policies and procedures to
kepada unit kerja/karyawan melalui surat unit and employees through Circular Letter or
edaran atau internal memo maupun internal internal memos as well as internal email.
email.
e. Memastikan bahwa seluruh kebijakan, e. Ensure that all policies, regulations, systems
ketentuan, sistem, dan prosedur, serta kegiatan and procedures, as well as business activities
usaha yang dilakukan Bank telah sesuai conducted by the Bank are in accordance with
dengan ketentuan Otoritas Jasa Keuangan the provisions of Financial Services Authority
berdasarkan prinsip kehati-hatian Bank, tata based on the principle of prudence, Good
kelola perusahaan yang baik dan peraturan Corporate Governance, and the prevailing
perundang-undangan. legislations.
f. Meminimalkan Risiko Kepatuhan Bank. f. Minimize the Bank’s Compliance Risk.
g. Melakukan berbagai upaya perbaikan dan g. Improve and refine the internal regulations
penyempurnaan terhadap ketentuan internal and the mechanisms for reporting and internal
serta mekanisme sistem pelaporan dan control systems.
pengendalian intern.
h. Melakukan tindakan pencegahan agar h. Take precautions to ensure that policies and/
kebijakan dan/atau keputusan yang diambil or decisions made by the Board of Directors of
Direksi Bank tidak menyimpang dari ketentuan the Bank do not deviate from the provisions of
Otoritas Jasa Keuangan dan peraturan Bank Indonesia and the prevailing legislations.
perundang-undangan.
i. Melakukan tugas-tugas lain yang terkait i. Perform other tasks related to the compliance
dengan Fungsi Kepatuhan, antara lain function, among others, monitor and maintain
memantau dan menjaga kepatuhan Bank the Bank’s compliance to the commitments
terhadap komitmen yang dibuat oleh Bank made by the Bank to the Financial Services
kepada Otoritas Jasa Keuangan maupun Authority as well as other related supervisory
otoritas pengawas lainnya yang berwenang. authorities.
2. Tugas dan tanggung jawab tersebut tidak 2. The duties and responsibilities does not eliminate
menghilangkan hak dan kewajiban Direktur the rights and obligations of the Director in charge
yang Membawahkan Fungsi Kepatuhan sebagai of the Compliance Function as a member of the
anggota Direksi Bank sebagaimana diatur dalam Board of Directors of the Bank as stipulated in the
Undang-Undang tentang Perseroan Terbatas. Law on Limited Liability Companies.

3. Direktur yang Membawahkan Fungsi Kepatuhan 3. Director Responsible in charge of the Compliance
memenuhi persyaratan independensi dan kriteria Function shall meet the independence requirement
lain yaitu: and other criteria, namely:
a. Tidak memiliki hubungan keuangan, a. Has no financial relationship, stewardship,
kepengurusan, kepemilikan saham, dan/atau share ownership, and/or family relationship
hubungan keluarga sampai derajat kedua up to the second degree with members of
dengan anggota Dewan Komisaris, Direksi, the Board of Commissioners, the Board of
dan/atau Pemegang Saham Pengendali Directors, and/or Controlling Shareholders or
atau hubungan dengan Bank yang dapat any relationship with the Bank that may affect
mempengaruhi kemampuannya untuk its ability to act independently.
bertindak independen.
b. Tidak ada rangkap jabatan dengan Direktur b. No concurrent positions with the President
Utama dan/atau Wakil Direktur Utama. Director and/or Vice President Director.
c. Tidak membawahkan fungsi-fungsi: c. Not responsible for the following functions:
1) Bisnis dan operasional (kegiatan 1) Business and Operations (activities of
penghimpunan dan/atau penyaluran dana collection and/or distribution of funds and
dan kegiatan keagenan). agency related activities).
2) Manajemen risiko yang melakukan 2) Risk management, taking decision for the
pengambilan keputusan pada kegiatan Bank’s business activities.
usaha Bank.
3) Treasury. 3) Treasury.
4) Keuangan dan akuntansi. 4) Finance and accounting.
5) Logistik dan pengadaan barang/jasa. 5) Logistics and goods/services
procurement.
6) Teknologi informasi. 6) Information Technology.
7) Audit Intern. 7) Internal Audit.
d. Memiliki integritas dan pengetahuan yang d. Have integrity and a sufficient knowledge of
memadai mengenai ketentuan Otoritas the regulations of Bank Indonesia and the
Jasa Keuangan dan peraturan perundang- prevailing legislation.
undangan.
4. Perubahan terakhir di tahun 2018 atas Struktur 4. The latest amendment in 2018 on the Organizational
Organisasi unit kerja/Divisi di bawah Direktur Structure under the Director responsible for the
yang Membawahkan Fungsi Kepatuhan compliance function Board of Directors Decree
berdasarkan SK Direksi Nomor 24.04/S.Kep. (SK) No. 24.04/S.Kep.DIR-HCD/JTRUST/X/2018
DIR-HCD/JTRUST/X/2018 tertanggal 24 Oktober dated 24 October 2018 on the Organizational
2018 tentang Struktur Organisasi PT Bank JTrust Structure of PT Bank JTrust Indonesia Tbk.,
Indonesia Tbk., dimana Compliance Division (CPD) where Compliance Division (CPD) is merged with
digabungkan dengan Corporate Legal & Litigation Corporate Legal & Litigation Division (CLLD) and
Division (CLLD) menjadi nama Corporate Legal & become Corporate Legal & Compliance Division
Compliance Division (CLCD) sehingga Direktur (CLDC) hence the Director of Compliance
Kepatuhan membawahkan Corporate Legal & oversees Corporate Legal & Compliance Division,
Compliance Division, dan Risk Management and Risk Management Division (RMD).
Division (RMD).
5. Struktur Organisasi Corporate Legal & Compliance 5. The Organizational Structure of Corporate Legal &
Division PT Bank JTrust Indonesia Tbk berdasarkan Compliance Division PT Bank JTrust Indonesia Tbk
SK Direksi Nomor 31.45/S.Kep-DIR-HCD/ based on Directors Decree No. 31.45/S.Kep-DIR-
JTRUST/X/ 2018 tertanggal 31 Oktober 2018 yang HCD/JTRUST/X/ 2018 dated 31 October 2018 that
berlaku sejak tanggal 01 November 2018 sebagai valid started on 01 November 2018 is as follows:
berikut:

Divisi Compliance
Compliance Division
MD Risk, Legal &
Compliance
L2/
Division Head/ Corporate legal
Deputy Division & Compliance
Head Division Head
L3/ Regulatory
Compliance Dept. Anti Money
Department Laundering & Product
Head Head Litigation
Counter Financing Advice & Policy
Terorism
L4/
Section Head/
Senior Officer/ Regulatory
Ass. Section Compliance
Head/
Officer
Good Corporate
Governance
Admin
Support
Dalam melaksanakan tugas dan tanggung In carrying out its duties and responsibilities in the
jawabnya di Direktorat Risk, Legal & Compliance, Directorate of Risk, Legal & Compliance, Director
Direktur yang Membawahkan Fungsi Kepatuhan that oversee the Compliance Function is assisted
dibantu oleh Kepala Divisi Corporate Legal & by Corporate Legal & Compliance Division Head
Compliance (Corporate Legal & Compliance that oversee the incorporation of Corporate Legal
Division Head) yang membawahkan gabungan dari Working Unit (consist of Product Advice & Policy
Unit Kerja Corporate Legal (meliputi Departemen Department, Litigation Department, and Admin
Product Advice & Policy, Departemen Litigation, Support) with Compliance Working Unit (consist
dan Admin Support) dengan Satuan Kerja of Regulatory Compliance Department, and Anti
Kepatuhan (meliputi Departemen Regulatory Money Laundering & Counter Financing Terrorism
Compliance, dan Departemen Anti Money Department).
Laundering & Counter Financing Terrorism).
6. Kepala Divisi/Satuan Kerja Kepatuhan 6. Compliance Division Head

Kepala Divisi Corporate Legal & Compliance
(Corporate Legal & Compliance Division Head) Corporate Legal & Compliance Division Head of
PT Bank JTrust Indonesia Tbk yang membawahkan PT Bank JTrust Indonesia Tbk that responsible
gabungan dari Unit Kerja Corporate Legal dengan for the incorporation of Corporate Legal Working
Satuan Kerja Kepatuhan (Compliance) telah Unit and Compliance Working Unit has fulfill these
memenuhi kriteria yaitu: following criteria:
a. Memenuhi persyaratan independensi. a. Fulfill the requirement of independency.
b. Menguasai ketentuan Otoritas Jasa Keuangan b. Master the provision from Financial Services
dan peraturan perundang-undangan. Authority and prevailing laws.
c. Tidak melaksanakan tugas lain di luar Fungsi c. Not carrying out other duties outside
Kepatuhan atau tidak merangkap jabatan Compliance Function or not taking another
struktural lain. structural position.
d. Memiliki komitmen yang tinggi untuk d. Has high commitment to conduct and develop
melaksanakan dan mengembangkan Budaya compliance culture.
Kepatuhan (compliance culture).

Selama tahun 2018 pengangkatan, pemberhentian, During 2018 appointment, termination, or
atau penggantian Kepala Divisi Kepatuhan replacement for Compliance Division Head has
(Compliance Division Head) telah dilaporkan been reported to Central Bank/OJK that based on
kepada Bank Indonesia/OJK yang mengacu the provision of reporting for Executive Position
ketentuan pelaporan bagi Pejabat Eksekutif on Commercial Bank.
mengenai Bank Umum.
7. Divisi/Satuan Kerja Kepatuhan 7. Compliance Division/Working Unit

Satuan Kerja Kepatuhan mempunyai kedudukan Compliance Working Unit has the same level
setingkat Divisi dan bertanggung jawab kepada of position as Division and responsible to the
Direktur yang Membawahkan Fungsi Kepatuhan Director that responsible on Compliance Function
sebagai unit kerja yang bersifat independen yaitu: as independent working unit:
a. Dibentuk secara tersendiri di Kantor Pusat a. Formed independently in the Bank’s Head
Bank, namun melaksanakan tugasnya di Office, however carrying out its duty in entire
seluruh jaringan kantor Bank. of the Bank’s office network.
b. Bebas dari pengaruh satuan kerja lainnya. b. Independent from other working unit’s
influence.
c. Mempunyai akses langsung pada Direktur c. Has direct access to the Director that oversees
yang Membawahkan Fungsi Kepatuhan. Compliance Function.
Pejabat dan staf di Divisi/Satuan Kerja Kepatuhan Officers and staff of the Compliance Division/
tidak ditempatkan pada posisi menghadapi Work Unit are not assigned in the position which
conflict of interest dalam melaksanakan tanggung faces conflict of interest in carrying out their
jawab Fungsi Kepatuhan. compliance function responsibilities.
Dalam rangka melaksanakan Fungsi Kepatuhan In implementing the Bank’s compliance function,
Bank, Divisi/Satuan Kerja Kepatuhan memiliki the duties and responsibilities of Compliance
tugas dan tanggung jawab antara lain: Division include:
a) Membuat langkah dalam rangka mendukung a) Take steps to support the creation of
terciptanya Budaya Kepatuhan pada seluruh compliance culture in all Bank’s business
kegiatan usaha Bank pada setiap jenjang activities at every level of the organization.
organisasi.
b) Berkoordinasi dengan Satuan Kerja Manajemen b) Coordinating with the Risk Management
Risiko untuk melakukan identifikasi, Unit for the identification, measurement,
pengukuran, pemantauan, dan pengendalian monitoring, and control of the Compliance
terhadap Risiko Kepatuhan dengan mengacu Risk with reference to Financial Services
pada ketentuan Otoritas Jasa Keuangan Authorities Regulation concerning the
mengenai Penerapan Manajemen Risiko bagi Implementation of Risk Management for
Bank Umum. Commercial Banks.
c) Menilai dan mengevaluasi kecukupan, dan c) Assessing and evaluating the effectiveness,
kesesuaian kebijakan, ketentuan, maupun adequacy, and suitability of policies,
prosedur yang dimiliki oleh Bank dengan regulations, and systems and procedures of
ketentuan peraturan perundang-undangan. the Bank with the prevailing legislations.
d) Melakukan kaji ulang dan/atau d) Reviewing and recommending update and
merekomendasikan pengkinian dan refinement of policies, regulations, and
penyempurnaan kebijakan, ketentuan, sistem systems and procedures of the Bank to comply
maupun prosedur yang dimiliki oleh Bank with Financial Services Authorities regulations
agar sesuai dengan ketentuan Otoritas and the prevailing legislations.
Jasa Keuangan dan ketentuan peraturan
perundang-undangan.
e) Melakukan upaya untuk memastikan bahwa e) Ensuring that the policies, regulations, systems
kebijakan, ketentuan, dan prosedur, serta and procedures, as well as business activities
kegiatan usaha Bank telah sesuai dengan of the Bank are in accordance with the
ketentuan Otoritas Jasa Keuangan dan provisions of Financial Services Authorities
ketentuan peraturan perundang-undangan. and the prevailing legislations.
f) Melakukan tugas lain yang terkait dengan f) Performing other tasks related to the
Fungsi Kepatuhan, antara lain: Compliance Function, among others:

1) Memastikan kepatuhan komitmen Bank 1) Ensuring compliance with the Bank’s

kepada Otoritas Jasa Keuangan maupun commitment to Financial Services
otoritas pengawas lain yang berwenang. Authorities or other relevant supervisory
authorities.
2) Sosialisasi/pelatihan kepada seluruh 2) Disseminating/training to all employees
pegawai Bank mengenai ketentuan yang of the Bank regarding the applicable
berlaku terkait dengan fungsi Kepatuhan. provisions relating to the Compliance
function.
3) Bertindak sebagai narahubung (contact 3) Acting as the contact person for the
person) untuk permasalahan kepatuhan Bank’s compliance issues for internal and
Bank bagi pihak internal maupun eksternal. external parties.
g) Melakukan Compliance Checklist secara on- g. Conduct Compliance Checklist of on-site
site atas aktivitas yang berkaitan dengan activities related to the licensing of the
perizinan pembukaan/relokasi/penutupan opening/relocation/closure and improvement
dan perubahan status jaringan kantor. of the status of the office network.
4.1.5. Program Kerja Pelaksanaan Fungsi Kepatuhan 4.1.5. Work Program on Implementation of the Bank’s
Bank Compliance Function
Sesuai dengan tugas dan tanggung jawab Direktur In accordance with the duties and responsibilities
yang Membawahkan Fungsi Kepatuhan, selama tahun of the Director in charge of Compliance Function,
2018 Satuan Kerja Kepatuhan telah melaksanakan during 2018, the Compliance Function Work Unit
Fungsi Kepatuhan Bank pada seluruh unit kerja has implemented the Bank’s Compliance Function
sebagai berikut: throughout the work units as follows:
1. Pemantauan tingkat kepatuhan Bank terhadap 1. Monitoring the level of the Bank’s compliance to
seluruh ketentuan dan peraturan perundang- all applicable rules and regulations as follows:
undangan yang berlaku sebagai berikut:
a) Indikator kepatuhan Bank dari perkembangan a) The Bank’s compliance indicators on

masing-masing faktor yang dimonitor development of each factor monitored
menunjukkan keadaan antara lain: indicate the following conditions:
Indikator/Rasio
Indicator/Ratio
Faktor-Faktor yang Dimonitor Semester I Posisi Semester II Posisi Keterangan
Monitored Factors Juni 2018 Desember 2018 Description
Semester I as of Semester II as of
June 2018 December 2018
Rasio Kecukupan Modal (Capital 11,80% 14,03% Patuh | Comply
Adequacy Ratio/CAR) untuk Risiko
Kredit, Operasional & Pasar
Capital Adequacy Ratio (CAR) for
Credit, Operational, and Market Risk
Batas Maksimum Pemberian Kredit
(BMPK)
BMPK Kredit:
Maximum Crdit Disbursement Limit
(BMPK)
BMPK Credit:
Pelanggaran | Violation Nil Nil Patuh | Comply

Pelampauan | Excess Rp66.349 juta | Rp79.868 juta | Masih terdapat pelampauan BMPK,
million million namun terus diupayakan agar di tahun
2019 dapat diselesaikan.
Excess of BMPK is still exceed but to be
settled in 2019.
BMPK Surat Berharga:

BMPK Obligation: Patuh | Comply
Pelanggaran | Violation Nil Nil Patuh | Comply
Pelampauan | Excess Nil Nil

Indikator/Rasio
Indicator/Ratio
Faktor-Faktor yang Dimonitor Semester I Posisi Semester II Posisi Keterangan
Monitored Factors Juni 2018 Desember 2018 Description
Semester I as of Semester II as of
June 2018 December 2018
Posisi Devisa Neto (PDN) 5.05% 1,54% Patuh, sesuai ketentuan maksimal 20%
Nett Foreign Exchange Position (PDN) Comply, in line with maximum provision
20%
Kualitas Aktiva Produktif (KAP)/ Non
Performing Loan (NPL):
Non Performing Loan (NPL):
NPL Gross
4,17% 4,26% Patuh, sesuai
ketentuan di bawah 5%
Comply, in line with provision below
NPL Net 5%
2.95% 3,12% Patuh, sesuai
ketentuan di bawah 5%
Comply, in line with provision below
5%
Giro Wajib Minimum (GWM):
Minimum Statutory Reserves (GWM):
GWM Rupiah Primer 9,63% 14,66% Patuh, sudah sesuai ketentuan
Primary Reserve in Rupiah Comply as required
- Harian 6,42% 9,77%
Daily
- Rata-rata 3,21% 4,89%
Average
GWM Rupiah Sekunder PLM 14,80% 20,35%
GWM Rupiah Secondary PLM
GWM Rupiah LDRLFR (Giro RIM) Nil 0,92% Patuh, sesuai ketentuan min.4%
GWM Rupiah LDRLFR (Giro RIM) Comply with the minimum of4%
Patuh, sudah sesuai ketentuan
GWM Valas 21,62% 10,34% Comply as required
GWM Forex Patuh, sudah sesuai ketentuan minimal
8%
Comply with the minimum provision of
8%
Tingkat Kesehatan Bank (TKB) 3 (cukup sehat | 3 (cukup sehat | Peringkat Komposit TKB sesuai
Bank Soundness Level fairly healthy) fairly healthy) penilaian OJK
Composite TKB rating as per OJK
requirement
Profil Risiko Bank:
The Risk Profile:
Profil Risiko 3 3
Risk Profile
Risiko Inheren Moderate Moderate Trend peringkat komposit tetap
Inherent Risk Fixed composite rating trend
Kualitas Penerapan Manajemen Risiko Fair Fair
Risk Management Implementation
Quality
b) Sesuai dengan ketentuan regulator yang b) According to the prevailing provisions by the
berlaku tentang Transparansi dan Publikasi regulator on Transparency and Publication
Laporan Bank, Bank masih terdapat sanksi of Bank Report, the Bank still has sanction
peringatan/teguran, administrasi dan denda for warning, administration and fine for the
kewajiban membayar terhadap proses dan process and deliveries of the Bank’s Report
penyampaian Laporan Rutin Bank kepada to the regulator (Financial Services Authority/
Regulator (Otoritas Jasa Keuangan/Bank Central Bank). It will continuously become the
Indonesia). Hal ini akan terus menerus Bank’s main attention on reporting compliance
menjadi perhatian khusus Bank terhadap to the Stakeholders.
pelaksanaan kepatuhan pelaporan kepada
pihak Stakeholders.

c) Melakukan pemantauan terhadap kewajiban c) Monitor the obligation on routine/non-routine

penyampaian laporan rutin/non rutin kepada report delivery to the regulator accurately
regulator secara akurat dan tepat waktu, and punctually, by implementing Compliance
dengan mengimplementasikan Compliance Report Monitoring (CRM) effectively and
Report Monitoring (CRM) secara lebih efektif routinely delivered to every related working
dan rutin disampaikan kepada setiap unit kerja unit as reminder-media hence the Bank will
terkait sebagai reminder-media sehingga avoid any administrative sanction both in
Bank terhindar dari sanksi administratif writing and fines. The information on names
baik berupa teguran tertulis maupun denda. and type or report, period/deadlines and
Adapun informasi mengenai nama dan jenis objective of the report delivery, sanction,
laporan, periode/batas waktu dan tujuan related working unit (PIC Reporting) is
penyampaian laporan, sanksi, unit kerja depicted on SOP on Compliance Report
terkait (PIC Reporting) tertuang dalam SOP Monitoring dated 05 November 2018, where
Pemantauan Kepatuhan Pelaporan tanggal this provision is documented in E-mail
05 November 2018, dimana ketentuan ini application (Outlook) and Garoon.
telah terdokumentasi dalam aplikasi E-mail
(Outlook) dan aplikasi Garoon.
d) Dalam melakukan monitoring perkreditan d) In monitoring credit activities, there are credit
terdapat proses analisa kredit yang perlu analysis process that required to be conducted
dilakukan secara lebih optimal termasuk optimally including credit monitoring as well
monitoring kredit serta pemenuhan as data completion, where some of the details
kelengkapan data, dimana masih terdapat are not depicted/informed, such as:
beberapa hal yang tidak dicantumkan/
diinformasikan antara lain:
a. Belum dipenuhi Regulasi Eksternal, antara a. External Regulation is not yet available,
lain: penggunaan Data BMPK tidak terkini, such as: the BMPK data is not updated,
Tanggal BI Checking/Tanggal Surat the date of BI Checking/ Date for Credit
Permohonan Kredit/ Surat Permohonan Proposal/Letter for Credit Proposal is
Kredit tidak dicantumkan dalam not depicted in NAK, Unaudited Financial
NAK, Laporan Keuangan Unaudited, Report, document completion that
Kelengkapan dokumen yang diwajibkan required in NAK, and BI Checking problem.
dalam NAK, dan masalah BI Checking.
b. Belum dipenuhi secara optimal internal b. Internal policy that has not fulfilled
policy, antara lain: penetapan provisi, suku optimally, such as: determination of
bunga, dan BAK tidak sesuai counter rate; provisions, interest rate, and BAK is not
Rasio CCR tidak sesuai dengan ketentuan; matching with counter rate; CCR ratio
Hal-hal yang tidak dicantumkan dalam does not match with provisions; Other
NAK. details that are not depicted in NAK.
c. Belum dipenuhi aspek keuangan, antara c. Financial aspect that has not been
lain: profil risiko sesuai informasi & data fulfilled, such as: risk profile according to
keuangan khusus dengan Risk Rating information and special financial data with
“High” dan mitigasi risikonya; Rasio NPF “High” Risk Rating and its risk mitigation;
tidak dicantumkan dalam NAK; Analisa NPF Ratio is not depicted in NAK;
Kebutuhan Modal Kerja: Penentuan Working Capital requirement analysis;
proyeksi penjualan agar menggunakan Determination of sales projection in order
sumber data yang sama sebagaimana to use the same data source as shown in
tertuang pada “Tabel Rencana Penjualan”. “Sales Plan Table.”
d. Belum dipenuhi aspek legalitas, antara d. Legal aspect that is not fulfilled, such as:
lain: Legalitas usaha yang diberikan tidak legal basis for the business is not shown in
dicantumkan dalam NAK, atau tidak NAK, or incomplete, or expired when the
lengkap, atau sudah jatuh tempo pada credit is proposed.
saat kredit diajukan.

e. Belum dipenuhi aspek KYC, yaitu pada e. KYC aspect is not fulfilled, that is any
internet checking agar diperhatikan internet sources on negative articles about
adanya berita negatif terkait dengan credit applicant should be considered.
calon debitur.
e) Selama tahun 2018 terdapat 1 (satu) kasus e) During 2018, there are 1 (one) fraud case as
fraud (penipuan) sebesar Rp267 juta yang much as Rp267 million that committed by an
dilakukan oleh Pegawai Tetap. Bank telah employee. The Bank has settled this internal
melakukan penyelesaian kasus internal fraud fraud case according to the company’s policy
tersebut sesuai dengan kebijakan perusahaan and SOP on Anti-Fraud Strategy. This fraud
dan SOP Strategi Anti Fraud. Kasus fraud case has already reported to OJK according
tersebut telah dilaporkan kepada OJK sesuai to the prevailing provisions.
dengan ketentuan yang berlaku.
f) Bekerja sama dengan unit kerja SKAI dalam f) Cooperates with SKAI working unit in
memantau pelaksanaan/progress tindak monitoring the implementation/progress on
lanjut hasil temuan Tim Pengawas OJK yang follow up the findings from Supervisory Team
masih belum diselesaikan maupun temuan from OJK that has not been completed as well
Hasil Audit internal yang dilakukan SKAI pada as findings from Internal Audit that carried out
seluruh unit kerja di Kantor Pusat dan seluruh by SKAI in entire working unit in Head Office
Kantor Cabang/Capem. and entire Branch Offices.
2. Melakukan pemantauan atas aktivitas yang 2. Conduct monitoring on activities related to permit
berkaitan dengan perizinan pembukaan/relokasi/ in opening/relocating/closing and changing office
penutupan dan perubahan status jaringan kantor network status through:
yaitu melalui:
a) Penyusunan Compliance Checklist persiapan a) Formulation of Compliance Checklist office

kantor untuk memastikan kesiapan fisik preparation to ensure the preparedness of
gedung, kesiapan sumber daya manusia dan the building, human resources, and fixed asset
kesiapan aktiva yang akan digunakan sebelum that will be used before proposing a permit to
pengajuan permohonan izin kepada Otoritas the Financial Service Authority/Central Bank.
Jasa Keuangan/Bank Indonesia.
b) Koordinasi dengan project manager (Unit b) Coordination with project manager (related
Kerja terkait yang berwenang). working unit)
c) Melakukan review dokumen yang akan c) reviewing documents proposed to the

disampaikan kepada Otoritas Jasa Keuangan/ Financial Services Authority/Central Bank.
Bank Indonesia.
d) Melakukan kunjungan (on-site) sekaligus d) Making on-site visit to see and ensure
untuk melihat dan memastikan kesiapan infrastructure and means to office locations
sarana dan prasarana ke lokasi kantor yang that will be proposed to the Financial Services
diajukan permohonannya kepada Otoritas Authority/Bank Indonesia.
Jasa Keuangan/Bank Indonesia.
Sampai dengan periode Desember 2018, PT Until December 2018 period PT Bank JTrust
Bank JTrust Indonesia Tbk telah mengajukan Indonesia Tbk submitted the Opening or
Pembukaan maupun Relokasi, Penutupan, dan Relocation, Closure, and Increase/Decrease of
Peningkatan/Penurunan Status Jaringan Kantor Office Network Status approved by the Financial
yang telah disetujui oleh Otoritas Jasa Keuangan/ Services Authority/Bank Indonesia and were
Bank Indonesia dan telah diklasifikasikan dengan classified with details:
rincian:

Status Januari s/d Desember 2018

Disetujui Bank Indonesia/OJK
Status January to December 2018 Approved by Belum
Keterangan Proses Persetujuan
Central Bank/OJK Dapat Disetujui
Description Approval Process
Not Approved
Realisasi
Business Plan
Realization
KC Pontianak Done, 16 Mei 2018 Surat Izin OJK No. S-136/
Done, May 16,2018 PB.12/2018 tanggal 30 April 2018
-
OJK Permit No. S-136/PB.12/2018
dated April 30, 2018
KC Bandar Lampung Done, 12 Juli 2018 Surat Izin OJK No. S-149/
Done, July 12, 2018 PB.12/2018 tanggal 18 Mei 2018
-
dated May 18, 2018
Pembukaan KC Malang Done, 8 Agustus 2018 Surat Izin OJK No. S-180/
Kantor Done, August 8, 2018 PB.12/2018 tanggal 2 Juli 2018
Office Opening -
dated July 2, 2018
KC Cirebon Done, 6 September 2018 Surat Izin OJK No. S-187/PB.12/2018
Done, September 6, 2018 tanggal 6 Juli 2018
-
OJK Permit OJK No. S-187/
PB.12/2018 dated July 6, 2018
KK Bogor Carry forward 2019 - -
KK Jakarta Carry forward 2019 - -
KC Makassar – Ahmad Done, 26 Maret 2018 Surat Izin OJK No. S-67/
Yani Done, March 26, 2018 KR.061/2018 tanggal 9 Maret 2018
-
OJK Permit No. S-67/KR.061/2018
dated march 9, 2018
KC Pangkal Pinang - Done, 12 Februari 2018 Surat Izin OJK No. S-19/
Melintas Done, February 12, 2018 KR.071/2018 tanggal 9 Januari
2018 -
OJK Permit No.S-19/KR.071/2018
dated January 9, 2018
KCP Palembang – Done, 29 Januari 2018 Surat Izin OJK No. S-8/
Sudirman Done, January 29, 2018 KR.0711/2018 tanggal 5 Januari
2018 -
OJK Permit No. S-8 KR.0711/2018
dated January 5, 2018
KCP Jakarta – Hayam Done, 25 Juni 2018 Surat Izin OJK No. S-29/
Wuruk Done, June 25, 2018 PB.1211/2018 tanggal 25 April 2018
-
Relokasi Kantor OJK Permit No. S-29/PB.1211/2018
Office Relocation dated April 25, 2018
KC Batam – Imam Done, 29 Oktober 2018 Surat Izin OJK No. S-363/
Bonjol Done, October 29, 2018 KO.0502/2018 tanggal 8 Oktober
2018
-
OJK Permit No. S-363/
KO.0502/2018 dated October 8,
2018
KC Surabaya – Surat Izin OJK No. S-265/
-
Kertajaya KR.041/2018 tanggal 19 September
Done, 8 Oktober 2018
2018
KCP Surabaya – Done, October 8, 2018
OJK Permit No. S-265/KR.041/2018 -
Rajawali
dated September 19, 2018
KC Surabaya Carry forward 2019 Surat Izin OJK No. S-185/
KR.042/2018 tanggal 20 Desember
2018 -
dated December 20, 2018

Status Januari s/d Desember 2018
Disetujui Bank Indonesia/OJK
Status January to December 2018 Approved by Belum
Keterangan Proses Persetujuan
Central Bank/OJK Dapat Disetujui
Description Approval Process
Not Approved
Realisasi
Business Plan
Realization
KCP Surabaya Carry forward 2019 Surat Izin OJK No.
S-365/KR.041/2018 tanggal 18
Desember 2018 -
dated December 18, 2018
KK Jakarta - Melawai Done, 28 Desember 2018 Laporan Form A0807 - LAPORAN
Done, December 28, 2018 DATA JARINGAN KANTOR
No.00000133F0E7125CE5C48891
-
A0807 Form Report – REPORT
OF OFFICE NETWORK DATA
Penutupan Kantor No.00000133F0E7125CE5C48891
Office Closing
KCP Jakarta - Carry forward 2019 Surat Izin OJK No. S-187/
Kuningan PB.121/2018 tanggal 7 Desember
2018 -
tanggal December 7, 2018
KCP Jakarta - Cibubur Done, 14 Desember 2018 Surat Izin OJK No. S-172/
Done, December 14, 2018 PB.121/2018 tanggal 14 November
2018 -
dated November 14, 2018
KC Jakarta – Tanah
-
Abang Surat Izin OJK No. S-101/PB.12/2018
KC Jakarta – Kelapa Done, 2 Mei 2018 tanggal 26 Maret 2018
Done, May 2, 2018 OJK Permit No. S-101/PB.12/2018 -
Gading
dated Maret 26, 2018
KC Jakarta -
-
Fatmawati
KC Jakarta - Tomang -
KK Jakarta - Pintu Carry forward 2019
-
Kecil
Surat Izin OJK No. S-191/
KK Jakarta - Sunter Carry forward 2019 PB.121/2018 tanggal 18 Desember -
2018
KK Jakarta - Puri Carry forward 2019
OJK Permit No. S-191/PB.121/2018 -
Indah
dated Desember 18, 2018
Peningkatan/ KK Jakarta - Tebet Carry forward 2019 -
Penurunan Status
Increase/ KK Depok - Margonda Carry forward 2019 Surat Izin OJK No. S-955/
Decrease Status KR.022/2018 tanggal 21 Desember
2018
-
KR.022/2018 dated December 21,
2018
KK Karanganyar - Carry forward 2019 Surat Izin OJK No. S-975/
Palur KO.0301/2018 tanggal 19
Desember 2018
-
KO.0301/2018 dated Desember 19
2018
KK Medan – Asia Carry forward 2019 Surat Izin OJK No. S-279/
KR.051/2018 tanggal 27 November
2018 -
dated November 27, 2018
Sampai dengan periode akhir Desember 2018 jumlah Up to December 2018 the number of branch network
jaringan kantor menjadi sebanyak 47 kantor dengan of 47 offices is as follows:
perincian sebagai berikut:

Jumlah
Total
Jenis Kantor Type of Office
Sampai dengan Juni 2018 Sampai dengan Desember 2018
Up to June 2018 Up to December 2018
Kantor Wilayah - - Regional Office
Kantor Cabang 19 22 Branch Office
Kantor Cabang Pembantu 24 23 Sub-branch Office
Kantor Kas 3 2 Cash Office
Total 46 47 Total
3. Mengikuti proses pengambilan keputusan 3. Participate in the bank’s management decision-

manajemen bank dengan mengkaji/ making process by reviewing/testing prior
menguji terlebih dahulu terhadap setiap to any plan/draft regulations as well as the
rencana/rancangan peraturan intern Bank Bank’s internal policy/management decisions to
maupun kebijakan/keputusan manajemen apakah determine compliance level to the prevailing rules
telah patuh pada ketentuan dan perundang- and legislations, as well as providing guidance
undangan yang berlaku, serta memberikan arahan and recommendations in the Credit Committee
dan saran dalam mengikuti proses Rapat Komite Meeting (RKK), Technical Meeting, Prime Lending
Kredit (RKK), Rapat Teknis, Rapat penetapan Suku Rate (SBDK) Meeting, ALCO Meeting, Policy and
Bunga Dasar Kredit (SBDK), Rapat ALCO, Rapat SOP Formulation Meeting, and other meeting
Penyusunan Kebijakan dan SOP, dan rapat-rapat processes.
lainnya.
4. Melakukan pemantauan penerapan kebijakan 4. To monitor the implementation of policies
dan prosedur kepatuhan (compliance procedure) and procedures for compliance (compliance
kegiatan operasi Bank pada setiap satuan kerja/ procedure) of the Bank’s operations in each
Divisi terkait, yang memberikan “Compliance related business unit/division, which provides
Opinion” atas penerapan kebijakan dan prosedur “Compliance Opinion” on the application of
kepatuhan seperti permohonan masukan/opini compliance policies and procedures such
dari Divisi/unit kerja lain dalam rangka persiapan as application for input/opinions from other
peluncuran produk dan aktivitas baru agar tidak Division/Work Unit, in preparation for the
menyimpang dari ketentuan yang berlaku. launching of new products and activities, therefore
not deviating from the prevailing provisions.
5. Mensosialisasikan kesadaran kepatuhan untuk 5. Socialization for awareness of compliance to all
seluruh jajaran insan JTrust Bank dalam rangka level of employees of J Trust Bank in order to
pengembangan Budaya Kepatuhan (Compliance embed Compliance Culture with:
Culture) dengan:
a) Melaksanakan sosialisasi dan pelatihan yang a) Implement socialization and training
terkait dengan prosedur, peraturan dan associated with the applicable procedures,
ketentuan yang berlaku yang diselenggarakan rules and regulations, organized internally
secara internal bank maupun oleh pihak by the bank and by external parties in a
eksternal di tempat pelatihan yang ditentukan designated training location to all employees
kepada seluruh karyawan di unit kerja/Divisi, in the work unit/division, Regional Office,
dan Kantor Cabang/Capem/Kas. Branch Office/Sub-Branch Office/Cash office,
among others training associated with AML-
TPP, Good Corporate Governance/GCG,
compliance, and others.
b) Rapat Budaya setiap hari Rabu (Wednesday b) Culture Meeting every Wednesday by all
Culture Meeting) oleh seluruh Divisi/unit Division/Work Unit, Regional Office, and
kerja, dan Kantor Cabang/Capem/Kas yang Branch/Sub-Branch Office/Cash Office
senantiasa mengingatkan karyawan untuk constantly reminding employees to carry out
melaksanakan aktivitas kinerja sesuai dengan performance activities in accordance with the
prosedur, ketentuan, dan peraturan yang prevailing procedures, rules and regulations.
berlaku.
c) Menumbuh-kembangkan budaya kepatuhan c) Grow and develop the compliance culture
terhadap prinsip kehati-hatian serta towards the prudence principles as well as risk
pengelolaan risiko di lingkungan PT Bank management at PT Bank JTrust Indonesia Tbk,
JTrust Indonesia Tbk, antara lain: among others:

a. Meningkatkan citra Bank kepada pihak a. Improve the image of the Bank to the
pemangku kepentingan (Stakeholders) Stakeholders by developing a consistent
dengan mengembangkan penerapan compliance culture implementation, in
budaya kepatuhan secara konsisten, compliance with the rules and policies set
dengan mematuhi peraturan dan by the regulators/external or internal in
kebijakan yang ditetapkan oleh regulator/ each work unit/work environment.
eksternal maupun internal pada setiap
unit kerja/lingkungan kerja.
b. Memastikan bahwa suatu rencana, b. Ensure that a plan, policy or decision
kebijakan dan atau keputusan yang to be taken by the management takes
akan diambil oleh Manajemen tetap into account the prudence principle
memperhatikan prinsip kehati-hatian (prudential banking) and Good Corporate
(prudential banking) dan tata kelola Governance.
perusahaan yang baik.
c. Memantau dan menjaga/memastikan c. Monitor and maintain/ensure the Bank’s
kepatuhan Bank terhadap seluruh compliance to all agreements and
perjanjian dan komitmen yang dibuat oleh commitments made by the Bank to
Bank kepada Otoritas Jasa Keuangan Financial Services Authority or another
maupun otoritas pengawas lain yang competent supervisory authority.
berwenang.
d. Melakukan pembinaan dan/atau pelatihan d. Counselling and/or training on the
terhadap penerapan program Anti application of the Anti-Money Laundering
Pencucian Uang (APU) dan Pencegahan (AML) and Combating the Financing of
Pendanaan Terorisme (PPT) sesuai Terrorism (PPT) program in accordance
dengan ketentuan yang berlaku. with the applicable regulations.
e. Memantau dan melakukan pengkinian e. Monitor and update customer data,
data nasabah, termasuk didalamnya including monitoring on the completeness
pemantauan terhadap kelengkapan of the data for the opening of CIF/
data mandatory atas pembukaan New accounts are in accordance with
CIF/Rekening baru sesuai dengan data the data that has been submitted by all
yang telah disampaikan oleh seluruh Branch/Sub-Branch/Cash Offices.
Kantor Cabang/Capem/Kas.
f. Melaksanakan Sertifikasi kompetensi f. Implement competency Certification
termasuk refreshment bagi seluruh including refreshment for all Officers/Staff
Pejabat/Staff sesuai dengan jenjang in accordance with the level of position.
jabatan.
g. Mengirimkan personil Bank untuk g. Sending personnel to attend seminars and
mengikuti seminar dan pelatihan yang trainings related to applicable banking
terkait dengan ketentuan dan peraturan rules and regulations.
perbankan yang berlaku.
6. Pengelolaan Risiko Kepatuhan Bank yang baik 6. The management of the Bank’s Compliance Risk
dan tepat waktu diharapkan dapat meminimalisir in an adequate and timely manner is expected
dampak risiko sedini mungkin agar sejalan dengan to minimize the impact of risk as early as
penerapan manajemen risiko yang telah berjalan possible, to be in line with the risk management
di Bank secara keseluruhan. implementation, which has been implemented in
the Bank comprehensively.
a) Risiko Kepatuhan yang dihadapi a) Compliance Risk faced
a. Ketentuan regulator yang telah dipenuhi a. Provision for regulators that has been
posisi Desember 2018 adalah ratio NPL fulfilled as of December 2018 are Gross
Gross, NPL Net di bawah 5% dan ratio CAR NPL ratio, Nett NPL ratio under 5% and
sesuai Profil Risiko. CAR ratio according to Risk Profile.
b. Pelampauan BMPK debitur sebesar b. Excession of BMPK of lender as much
5.54% dari total modal dan Bank telah as 5.54% from the total capital and the
menyampaikan action-plan kepada Bank has delivered action-plan to OJK
OJK mengenai rencana tindak-lanjut regarding follow-up plan in settling the
penyelesaian pelampauan BMPK tersebut. BMPK excess.
c. Pengenaan sanksi denda atas c. Fine on Report delivery to the Regulator
penyampaian Laporan kepada Regulator both because of delay and data-error.
baik karena faktor keterlambatan maupun
koreksi data-error.
d. Ketentuan Bank Indonesia tentang d. Bank Indonesia Regulation on Risk

Sertifikasi Manajemen Risiko terhadap Management Certification for Bank
pejabat Bank untuk Direksi telah executives to Directors has been met, and
terpenuhi, dan untuk pejabat eksekutif for executive positions (division heads)
(kepala divisi) dan level di bawahnya yang and the levels below compulsory is still on
diwajibkan masih dalam proses sertifikasi/ certification/refreshment process to fulfill
refreshment untuk memenuhi ketentuan existing regulations.
yang berlaku.
b) Mitigasi Risiko Kepatuhan yang Telah b) Implemented Compliance Risk Mitigation
Dilaksanakan
a. Pengawasan aktif Dewan Komisaris dan a. Active supervision of the Board of
Direksi dalam pemantauan terhadap Commissioners and Directors in
Kepatuhan Bank melalui Laporan yang monitoring the Bank Compliance
disampaikan secara rutin oleh Compliance through regular reports submitted
Division, seperti Laporan Pemantauan by the Compliance Division, such as
Kepatuhan, Laporan Uji Kepatuhan di the Compliance Monitoring Reports,
bidang Kredit, dan Laporan yang terkait Compliance Assessment Report in the
di bidang Tata Kelola. field of credit, and such GCG Report.
b. Peningkatan fungsi unit kepatuhan b. Increased compliance unit functions to
untuk memastikan bahwa Bank sudah ensure that the Bank has implemented
melaksanakan kepatuhan sesuai dengan compliance in accordance with the
ketentuan dari regulator, salah satunya provisions of the regulator, one of which
melalui Compliance Report Monitoring through the Compliance Monitoring
secara lebih sistematis, dan mengevaluasi Report in a more systematic manner, and
secara berkelanjutan. evaluating on an ongoing basis.
c. Untuk pelampauan BMPK, Bank telah c. For the exceedance of the BMPK, the Bank
menyusun Action Plan perpanjangan has formulated the Action Plan to resolve
waktu dalam menyelesaikan permasalahan the BMPK exceedance issue.
pelampauan BMPK tersebut.
c) Pengukuran Profil Risiko untuk Risiko c) Assessing the Risk Profile for Compliance Risk
Kepatuhan
Hasil dari penilaian (Assessment) OJK atas Results of the OJK’s Assessment on
Compliance Risk yang menjadi bagian dari Compliance Risk as part of the Bank’s Risk
Laporan Risk Profile Bank tahun 2018 telah Profile Reports 2018 has been submitted as
disampaikan sebagai berikut: follows:
Peringkat Kualitas
Peringkat Komposit Penerapan
Peringkat Risiko
PeriodePosisi Penilaian Profil Risiko Manajemen Risiko
Inheren
No Period/Assessment Risk Profil Trend Trend Quality Risk Trend
Inherent Risk
Position composition Management
Ranking
Ranking Implementation
Ranking
1. Semester I/ Juni 2018 Moderate Tetap Fair Tetap Moderate Tetap
Semester I/ June 2018 Fixed Fixed Fixed
2. Semester II/ Desember 2018 Moderate Tetap Fair Tetap Moderate Tetap
Semester II/ December 2018 Fixed Fixed Fixed
7. Menyampaikan laporan secara berkala kepada 7. Deliver periodic reports to the OJK on the
OJK tentang pelaksanaan tugas Direktur yang implementation of the tasks of the Director
Membawahkan Fungsi Kepatuhan dalam bentuk: responsible for Compliance Function in the form
of:
a) Laporan Rencana kerja kepatuhan, yang a) Report of compliance work plan which is
dimuat dalam rencana bisnis Bank. contained in the Bank’s business plan.
b) Laporan khusus mengenai kebijakan dan/ b) A special report on the policies and/or the
atau keputusan Direksi yang menurut Direktur Board of Directors’ decision that according
yang Membawahkan Fungsi Kepatuhan telah to the Director in charge of the Compliance
menyimpang dari ketentuan Bank Indonesia/ Function notwithstanding the provisions
OJK dan/atau peraturan perundang- of Bank Indonesia/OJK and/or prevailing
undangan. legislation.

c) Laporan kepatuhan, yang ditandatangani c) Compliance report, signed by the Director
oleh Direktur yang Membawahkan Fungsi in charge of the Compliance Function and
Kepatuhan dan disampaikan secara submitted biannually (every period in June and
semesteran (setiap periode Juni dan December) and are presented comparatively
Desember) serta disajikan secara komparatif in two (2) reporting period with a copy to the
dalam 2 (dua) periode laporan dengan Board of Commissioners and the Board of
tembusan kepada Dewan Komisaris dan Directors. During the year 2018 Compliance
Direktur Utama. Selama tahun 2018 telah Report to OJK was submitted with details as
disampaikan Laporan Kepatuhan kepada OJK follows:
dengan perincian sebagai berikut:
Laporan Kepatuhan Nomor Surat Tanggal Surat

Compliance Report No. Letter Date on Letter
Semester I No.30.14/S.Dir-CPD/JTRUST/VII/2018 30 Juli 2018 | 30 July 2018
Semester II No.30.07/S.Dir-CLCD/JTRUST/I/2019 30 Januari 2019 | 30 January 2019
8. Untuk meningkatkan efektivitas penerapan 8. To improve the effectiveness of the implementation

program APU dan PPT sesuai dengan Peraturan of the AML and PFT program in accordance with
Otoritas Jasa Keuangan Nomor 12/POJK.01/2017 Financial Services Authority Regulation No. 12/
tanggal 16 Maret 2017 dan Surat Edaran Otoritas POJK.01/2017 dated March 16, 2017 and Financial
Jasa Keuangan Nomor 32/SEOJK.03/2017 tanggal Services Authority Circular Letter No. 32/
22 Juni 2017, Bank telah melakukan hal sebagai SEOJK.03/2017 dated June 22, 2017, the Bank has
berikut: conduct the following:
1) Menyusun Rencana Kerja (Action Plan) 1) Prepare action plan form program
penerapan program APU dan PPT Tahun 2019. implementation APU and PPT year 2019.
2) Bank telah menyampaikan Laporan Kegiatan 2) Provide opinion/review in connection to
Pengkinian Data kepada Otoritas Jasa the APU and PPT implementation on new
Keuangan berupa: products and/or activities, that is:
• Laporan Realisasi Rencana Pengkinian - Realization Report on PT Bank JTrust
Data PT Bank JTrust Indonesia Tbk Tahun Indonesia Tbk Data Update Plan in 2018 in
2018 sesuai target yang telah disusun oleh line with the formulated target by entire
seluruh kantor dalam Laporan Kepatuhan offices in Compliance Report Semester II
Semester II Tahun 2017 terdahulu. of 2017.
• Laporan Rencana Pengkinian Data PT - Report on PT Bank JTrust Indonesia Tbk
Bank JTrust Indonesia Tbk Tahun 2019 Data Update Plan in 2019 in line with CIF
sesuai Data CIF Nasabah yang akan Customer Data that will be updated.
dikinikan.
3) Sosialisasi/Pelatihan Reguler/Sosialisasi APU- 3) Socialization/Regular Training/Socializing
PPT. APU-PPT.
4) Memberikan opini/review terkait penerapan 4) Provide opinion/review related to APU and
APU dan PPT terhadap produk dan/atau PPT implementation on product and/or new
aktivitas baru. activities.
5) Menjawab surat dan atau pemenuhan 5) Respond to letter and/or fulfillment of data/
permintaan data/informasi dari KPK, PPATK, information request from KPK, PPATK,
Badan Narkotika Nasional (BNN) dan Kantor National Narcotics Agency (BNN) and
Pajak (Direktorat Jenderal Pajak) yang terkait Tax Office related to legal process, and
dengan proses hukum, serta korespondensi correspondence to External Parties.
kepada Pihak Eksternal.
6) Kewajiban Pelaporan kepada Pihak Otoritas, 6) Reporting Obligations to Authority Party,
antara lain: among others:

Periode
Period
Jenis Laporan
Type of Report Semester II Semester I
(Juli 2018 s/d Desember 2018) (Januari 2018 s/d Juni 2018)
July 2018 to December 2018 January 2018 to June 2018
LTKM/STR 18 laporan | report 14 laporan | report
LTKT/CTR 1.934 laporan | report 1.630 laporan | report
LTKL/IFTI 2.389 laporan | report 2.420 laporan | report
SIPESAT 11.066 nasabah | customers 3.940 nasabah | customers
Penundaan/Penghentian sementara transaksi nasabah kepada
PPATK
Nihil 3 laporan | report
Suspension/temporary cancellation of customer transaction to
PPATK
Keterangan | Note:
LTKM/STR : Laporan Transaksi Keuangan Mencurigakan | Suspicious Transaction Report
LTKT/CTR : Laporan Transaksi Keuangan Tunai | Cash Transaction Report
LTKL/IFTI : Laporan Transaksi Keuangan dari dan ke LN | International Fund Transfer Instruction
SIPESAT : Sistem Informasi Pengguna Jasa Terpadu | Integrated Services User Information System
7) Distribusi/penyebaran data Daftar Terduga 7) Distribution of List of Alleged Terrorist and Terrorist
Teroris dan Organisasi Teroris (DTTOT) dan Daftar Organization (DTTOT) data and List of Funding
Pendanaan Proliferasi Senjata Pemusnah Massal for Mass Destruction Weapon Proliferation data
dari Otoritas Jasa Keuangan/Polri kepada seluruh from the Financial Services Authority/Police to
kantor cabang melalui mekanisme upload, serta all branch offices via mechanisms of automatic
melakukan identifikasi melalui pengecekan secara uploading and checking to the customer database
otomatis ke database nasabah untuk mendeteksi to detect possible similarities/names/profiles
kemungkinan kesamaan/ kemiripan nama/profil performed on the Smart AML system.
yang dilakukan di sistem Smart AML.
8) Kegiatan Lainnya, antara lain: 8) Other Activities, namely:
a. Melakukan koordinasi dengan IT Division, a. Coordination with IT Division, Operation
Operation Division (OPD), Financial Control Division (OPD), Financial Control Division
Division (FCD), dan SKMR terkait Pelaporan (FCD), and SKMR related to Customer Tax
Perpajakan Nasabah baik nasabah Domestik Report both Domestic and Foreign Customers
maupun Nasabah Asing Sesuai dengan PMK in line with PMK No. 70/PMK.03/2017.
No. 70/PMK.03/2017.
b. Melakukan koordinasi dengan IT Division dan b. Coordinate with IT Division and Vendors of
pihak Vendor Aplikasi Smart AML, perihal AML Smart Application on the implementation
pelaksanaan Integrasi Database Core Banking of Database Core Banking System Integration
System ke database Smart AML. to Smart AML database.
c. Pencantuman Daftar Nama Pasangan Calon c. Inclusion of the List of Names of Running
Pemilihan Kepala Daerah tahun 2018 yang Regional Leaders Election in 2018 from PPATK
bersumber dari PPATK di Aplikasi Smart AML. in Smart AML Application.
d. dan sebagainya. d. Others
4.2 Fungsi Audit Intern 4.2. Internal Audit Function

Fungsi Audit Internal perusahaan merupakan salah Internal Audit Function of a company is one
satu komponen GCG yang ikut berperan aktif component of GCG that plays an active role in shaping
dalam membentuk dan meningkatkan lingkungan and improving the company’s control environment.
pengendalian perusahaan.
Tugas dan Tanggung Jawab Audit Internal Duties and Responsibilities of Internal Audit
Satuan Kerja Audit Internal (SKAI) PT Bank JTrust Internal Audit Unit (SKAI) of PT Bank JTrust Indonesia
Indonesia Tbk merupakan Independen unit yang Tbk is an independent unit and impartial in carrying
tidak memihak dalam menjalankan tugasnya, meliputi out its duties, including the activity of Assurance and
aktivitas Assurance dan Consulting bidang Risk/ Consulting on Risk/Control, which is designed to
Control yang didisain untuk dapat memberikan nilai provide added value, improve operations, assist and

tambah, dapat meningkatkan operasional, membantu secure the process of achieving the Bank’s Business
dan mengamankan pencapaian Rencana Bisnis Bank Plan (RBB) through evaluating the effectiveness and
(RBB) dengan cara melakukan evaluasi efektivitas dan improving the function of Control, Risk Management
meningkatkan fungsi Control, Risk Management dan and Governance Process.
Governance Process.
Dalam rangka pelaksanaan peran tersebut di atas, In order to implement the above, the role of SKAI is to
SKAI berperan sebagai Strategic Business Partner be the Strategic Business Partner for all work units and
bagi semua unit kerja dan hal ini akan secara terus ensure these units benefit from SKAI for security and
menerus dilakukan dalam rangka pencapaian tujuan business improvement.
dari PT Bank JTrust Indonesia Tbk.
Dalam rangka menjaga independensi fungsi audit In order to maintain the independence of the internal
intern, secara struktur organisasi posisi SKAI berada audit function, the position of Internal Audit under the
di bawah langsung dan melapor kepada Direktur direct and reports to the President Director, and has a
Utama,dan mempunyai garis koordinasi dengan line of co-ordination with the Board of Commissioners
Dewan Komisaris melalui Komite Audit. SKAI berperan through the Audit Committee. SKAI acts as the eyes
membantu Direktur Utama dalam menjabarkan hasil and ears of the President Director on enforcing the
pengawasannya dalam hal proses pengendalian Intern Internal Control System (SPI) and securing the Bank’s
(SPI), manajemen risiko dan tata kelola perusahaan. operational activities associated with the activity of
Posisi, kewenangan, tanggung jawab, profesionalisme, raising funds, credit, charge and fee-based income.
organisasi, dan cakupan tugas SKAI telah mengacu pada Position, authority, responsibility, professionalism,
Standar Pelaksanaan Fungsi Audit Intern (SPFAIB) organization, and the scope of duties of SKAI refers to
yang ditetapkan dalam Peraturan Bank Indonesia the Internal Audit Implementation Standards (SPFAIB)
Nomor 1/6/PBI/1999 tanggal 20 September 1999 stipulated in Bank Indonesia Regulation No. 1/6/
tentang Penugasan Direktur Kepatuhan (Compliance PBI/1999 dated September 20, 1999 on the Assignment
Director) dan Penerapan Standar Pelaksanaan Fungsi of Compliance Director and the Implementation of
Audit Intern Bank Umum yang saat ini sudah diganti Internal Audit Standards for Commercial Banks and
dengan POJK Nomor 1/POJK.03/ 2019 dan POJK POJK No. 56/POJK.04/2015 on the Establishment and
Nomor 56/POJK.04/2015 tentang Pembentukan dan Guidelines for the Preparation of the Charter of the
Pedoman Penyusunan Piagam Unit Audit Internal. Internal Audit Unit.
SKAI membantu Bank dalam mencapai tujuan SKAI assist the Bank in achieving its objectives through
dengan pendekatan yang sistematik dan disiplin a systematic and disciplined approach to evaluate and
dalam mengevaluasi dan meningkatkan efektivitas improve the effectiveness of risk management, internal
manajemen risiko, pengendalian intern/control control and corporate governance. Its activities cover
serta GCG. Aktivitasnya mencakup bidang-bidang the areas of operational, credit, technology, and
operasional, kredit, teknologi, dan sistem informasi information systems and support functions from
serta fungsi-fungsi pendukung di Kantor Pusat. Dalam Headquarters. In performing its duties, Internal Audit
menjalankan tugasnya, SKAI berwenang mengakses is authorized to access all functions, records, property
semua fungsi, catatan, properti dan karyawan Bank and employees of the Bank in accordance with the
sesuai penugasan audit tanpa dibatasi oleh pihak audits without being restricted by any party.
manapun.

Struktur Organisasi Satuan Kerja Audit Intern (SKAI) Organizational Structure of the 2018 Internal Audit
PT Bank JTrust Indonesia Tbk Tahun 2018 Unit (SKAI) of PT Bank JTrust Indonesia Tbk
Internal Audit Division - Proposed

Internal Audit Division - Proposed
President Director
L2/ Internal Audit

Division Head/ Division Head
Deputy Division
Head
Deputy
Division Head
L3/ Head Office

Department IT & Regional Anti Audit Credit Auditor &
Dept. Head Audit Administrator
Head Dept. Head Fraud Dept. Head
L4/
Section Head/
Senior Officer/ Auditor Auditor Auditor
Ass. Section
Head/
Officer
L3/
Senior Clerk
Division Head
Department Head
Section Head
Function Officer
Clerk
Berdasarkan ketentuan pada Pasal 11 ayat (3) Based on the provision in Article 11 paragraph (3)
Peraturan Bank Indonesia Nomor 1/6/PBI/1999 of Bank Indonesia Regulation No. 1/6/PBI/1999
tanggal 20 September 1999 tentang Penugasan dated 20 September 1999 on Compliance Director
Direktur Kepatuhan (Compliance Director) dan Assignment and the Implementation of Internal Audit
Penerapan Standar Pelaksanaan Fungsi Audit Intern Function Implementation Standard for Commercial
Bank Umum, dinyatakan bahwa Kepala SKAI diangkat Bank, it stated that the Head of SKAI is appointed
dan diberhentikan oleh Direktur Utama Bank dengan and dismissed by the Bank’s President Director with
persetujuan Dewan Komisaris. approval form the Board of Commissioners.
Saat ini SKAI di PT Bank JTrust Indonesia Tbk Currently, the SKAI in PT Bank JTrust Indonesia Tbk is
dikepalai oleh Sdr. Edi Alpian, Warga Negara headed by Mr. Edi Alpian, Indonesian citizen, domiciled
Indonesia, berdomisili di Jl. Taman Malaka Utara II in Jl. Taman Malaka Utara II Blok C8/7 Rt.007/12, East
Blok C8/7 Rt.007/12, Jakarta Timur dan menjabat Jakarta and has served as SKAI Head since April 2017.
sebagai Kepala SKAI sejak bulan April 2017. Memiliki Having experience in the banking industry for more
pengalaman di dunia perbankan lebih dari 20 tahun than 19 years and government agencies for 5 years. In
maupun instansi pemerintah selama 5 tahun. Selain addition to his education background in Bachelor of
memiliki latar belakang pendidikan Sarjana Ekonomi Accounting Economics, he also holds an international
Akuntansi, beliau juga memegang sertifikasi profesi profession certification from GARP and national
internasional dari GARP dan sertifikasi nasional (QIA, certification (QIA, Risk Management level 4).
Manajemen Risiko level 4).
Sebelum bergabung dengan PT Bank JTrust Indonesia Prior to joining PT Bank JTrust Indonesia Tbk, his career
Tbk pernah berkarir di beberapa Bank maupun instansi was in several banks and government agencies such

pemerintah seperti PT. Bank MNC Internasional, Tbk as PT. Bank MNC Internasional, Tbk (head of SKAI),
(kepala SKAI), PT. Bank Internasional Indonesia, PT Bank Internasional Indonesia, Tbk (Deputy Division
Tbk (Deputy Division Head Audit Credit), Badan Head Audit Credit), Bank Restructuring Agency/BPPN
Penyehatan Perbankan/BPPN (Team Leader Audit (Team Leader Audit Bank Restructuring), PT. Bank
Bank Restructuring), PT. Bank Dana Asia/Danamon Dana Asia/Danamon Central Asia (Regional Audit
Central Asia (Regional Audit Head), PT. Bank Indo Head), PT Bank Indo Monex (Supervisor Operational &
Monex (Supervisor Operational & Credit Audit), KAP Credit Audit), KAP-KPMG (Audit Supervisor).
–KPMG (Supervisor Audit).
Piagam Audit Internal Internal Audit Charter

PT Bank JTrust Indonesia Tbk memiliki Piagam Audit Internal Audit charter is a formal document
Internal yang mendefinisikan: Tujuan, Aktivitas SKAI, defining: Objectives, Activities of SKAI, Authority
Kewenangan dan Tanggung Jawab SKAI dalam and Responsibility of SKAI within the Organization,
Organisasi, termasuk hubungannya dengan Direksi including its relationship with the Board of Directors
dan Dewan Komisaris. Kepala SKAI bertanggung and Board of Commissioners. The Head of the Internal
jawab langsung kepada Direktur Utama dan Audit Unit is directly responsible to the President
mempunyai garis koordinatif kepada Komite Audit Director and has a coordinating line to the Audit
untuk mengkomunikasikan hasil-hasil kerja SKAI Committee to communicate results to the Board of
kepada Direksi dan Komisaris. SKAI PT Bank JTrust Directors and Board of Commissioners. SKAI of PT
Indonesia Tbk bertugas membantu Direktur Utama Bank JTrust Indonesia Tbk is responsible for assisting
dan Dewan Komisaris untuk memastikan kecukupan the President Director and the Board of Commissioners
dan efektivitas Sistem Pengendalian Intern (SPI), to ensure the completeness and effectiveness of
proses manajemen risiko dan tata kelola Bank. the Internal Control System (SPI), risk management
process and the Bank’s governance.
Sesuai Peraturan Otoritas Jasa Keuangan No.56/ In accordance with the Regulation of the Financial
POJK.04/2015 tanggal 23 Desember 2015 tentang Services Authority No. 56/POJK.04/2015 dated
Pembentukan dan Pedoman Penyusunan Piagam December 23, 2015 on the Establishment and
Audit Internal dan Peraturan Bank Indonesia No. Guidelines for Formulating Internal Audit Charter and
1/6/PBI/1999 tanggal 20 September 1999 perihal Bank Indonesia Regulation No. 1/6/PBI/1999 dated
Penugasan Direktur Kepatuhan (Compliance Director) September 20, 1999, concerning the Assignment of
dan Penerapan Standar Pelaksanaan Fungsi Audit Compliance Director and Standard Implementation
Intern Bank (SPFAIB), maka dalam pembentukan Function of Bank Audit Intern (SPFAIB), therefore
dan pelaksanaan tugasnya, Divisi Internal Audit telah in establishing and executing its duties, the Internal
membuat dan melaksanakan Piagam Audit Internal Audit Division has created and implemented the
yang memuat Kedudukan, Visi, Misi, Ruang Lingkup, Internal Audit Charter containing Position, Vision,
Independensi, Kode Etik, Akuntabilitas, Tanggung Mission, Scope, Independence, Code of Conduct,
Jawab, Wewenang, Tidak Memihak, dan Standar Accountability, Responsibility, Authority, impartial, and
Praktik Audit Intern. Piagam Audit Internal dikaji Audit Intern Standards Practice. The Internal Audit
ulang secara berkala setiap tahun atau sewaktu-waktu Charter is periodically reviewed annually or at any
apabila diperlukan, dimana kaji ulang terakhir telah time as necessary, whereby the final review has been
dilakukan pada tanggal 21 September 2016 dan akan made on September 21, 2016 and will be conducted
dilakukan kembali pada tahun 2019. in 2019.
Metodologi Audit Audit Methodology

Kepala SKAI membuat Annual Audit Plan yang harus Head of SKAI formulates Annual Audit Plan that has to
disetujui oleh Direktur Utama dan Dewan Komisaris be approved by President Director and the Board of
serta pelaksanaannya dimonitor oleh Komite Audit. Commissioners and the implementation is monitored
by Audit Committee.
Dalam menetapkan pandangan dan pemikirannya, In setting views and thoughts, the Head of the Internal
Kepala Divisi Internal Audit (SKAI) diberikan ruang Audit Division (SKAI) is given the independence to
yang bebas dan obyektif serta bebas dari tekanan avoid conflict of interest on the audited objects or
pihak manapun (independence), sehingga terhindar activities.
dari benturan kepentingan (conflict of interest) atas
obyek atau kegiatan yang diperiksanya.

Dalam melaksanakan audit, SKAI membuat analisa dan In performing the audit, SKAI formulates analysis
penelitian di bidang keuangan, akuntansi, operasional and research in the fields of finance, accounting,
dan kegiatan lainnya melalui pemeriksaan/audit operations and other activities through on-site
secara on-site dan pemantauan secara off-site, serta inspection/audit and off-site monitoring, as well as
memberikan saran perbaikan dan informasi obyektif providing suggestions for improvement and objective
tentang kegiatan yang perlu mendapat perhatian information on activities that need special attention
khusus oleh semua tingkatan manajemen, juga mampu by the management at all levels. In addition, SKAI also
mengindentifikasikan segala kemungkinan untuk identifies every possible improvement and increases
memperbaiki dan meningkatkan efisiensi penggunaan efficient use of resources and funds.
sumber daya dan dana.
Audit dilakukan dengan metodologi Risk Based Audit Audits are conducted through the Risk Based Audit
bertujuan untuk melakukan evaluasi kelengkapan dan methodology, which aims to evaluate the completeness
penilaian keandalan/efektivitas dari SPI untuk dapat and reliability of assessment/effectiveness of SPI in
meminimalisir risiko, disamping itu temuan audit akan order to minimize risk. In addition, the audit findings are
digunakan sebagai dasar dalam melakukan corrective used as the basis for corrective action on weaknesses
action atas kelemahan SPI dan meningkatkan risk of SPI and to improve the risk awareness of personnel
awareness petugas dalam mengendalikan pekerjaan in managing the job at hand.
yang ditangani.
Kualifikasi/Sertifikasi Profesi Audit Internal dan Internal Audit Professional Qualifications/

Pelatihan Certification and Training
Untuk meningkatkan kompetensi Audit Internal To continuously improve the Internal Audit’s
secara berkesinambungan sehingga memberikan nilai competence in order to provide added value on the
tambah (value added ) bagi perusahaan, maka selama company, during 2018 all auditors have been included
tahun 2018 seluruh Auditor telah diikutsertakan dalam in the training and certification programs.
program pelatihan dan sertifikasi.
Sampai dengan tahun 2018, Audit Internal telah Up to 2018, the Internal Audit has acquired a wide
memperoleh berbagai kompetensi baik internasional range of international and national competencies such
maupun nasional seperti International Certificate in as the Certified Bank Internal Audit, Qualified Internal
Banking Risk dari GARP, CBIA (Certified Bank Internal Audit (QIA), Risk Management Certification Level 1 -
Audit), Qualified Internal Audit (QIA), sertifikasi 4. To continuously improve the competence of SKAI
Manajemen Risiko level 1 – 4. Untuk terus meningkatkan auditors in a sustainable manner and able to manage
kompetensi auditor SKAI secara berkesinambungan the internal audit function professionally, SKAI requires
sehingga mampu menjalankan fungsi audit intern the following professional qualifications/certifications,
secara profesional, maka kualifikasi/sertifikasi profesi namely:
yang diperlukan bagi auditor SKAI adalah:
- Semua SDM SKAI telah mempunyai Sertifikasi - All SKAI HR possess Risk Management Certification
Manajemen Risiko Level 1 untuk Auditor, Level 2 level 1 for Auditor, level 2 for Team Leader, Level
untuk Tim Leader, Level 3 untuk Department Head, 3 for the Department Head, and level 4 for SKAI
dan Level 4 untuk Kepala SKAI. Head.
- Selain itu, untuk mendukung kompetensi teknis, - In addition, to support technical competence,
SKAI telah memiliki 13 (tiga belas) orang auditor SKAI has 13 (thirteen) auditors with the Certified
yang mempunyai Certified Bank Internal Audit Bank Internal Audit from LSPP.
dari LSPP.
- Selain mengikuti proses sertifikasi profesi, seluruh - In addition on taking the professional certification
auditor juga telah diikutkan dalam training– process, all auditors have also been included in
training baik yang terkait dengan aktivitas audit trainings both related to audit activities as well as
maupun operasional bank (kredit, IT, dan lain-lain). bank operations (credit, IT, etc.).
Seiring dengan dinamika perusahaan, SKAI dituntut In line with the company’s dynamics, SKAI is required
untuk melakukan penyesuaian yang berkelanjutan to perform continuous adjustments to be able to
agar mampu mempertahankan standar kinerja. maintain performance standards. Accordingly, PT Bank
Untuk ituPT Bank JTrust Indonesia Tbk senantiasa JTrust Indonesia Tbk include officers and management
mengikutsertakan petugas dan pejabat SKAI ke of SKAI in both internal and external training in order
pelatihan baik internal maupun eksternal agar to obtain qualifications:
diperoleh kualifikasi yang:

a. Memiliki pengetahuan yang memadai secara a. Have adequate knowledge of general and
umum dan teknis dalam bidang tugas yang relevan technical tasks in relevant to the field of specialty.
dengan spesialisasinya.
b. Mempunyai perilaku yang independen, jujur, b. Independent, honest, objective, diligent, and loyal.
obyektif, tekun dan loyal.
c. Memiliki kemampuan mempertahankan kualitas c. Able to maintain the quality of professional
profesi yang profesional. profession.
d. Memiliki kecakapan interaksi dan komunikasi d. Have interaction and communication skills both
secara lisan maupun tulisan. oral and writing.
e. Dapat meningkatkan perannya menjadi konsultan e. Able to increase its role as a consultant and
dan catalyst. catalyst.
Evaluasi atau Kaji Ulang Pelaksanaan Audit Intern Evaluation or Review on the Bank’s Internal Audit
Bank Implementation
Untuk melakukan evaluasi atau kaji ulang atas hasil To perform an evaluation or review on the work of the
kerja SKAI Bank dan kepatuhannya terhadap Standar Bank’s SKAI and its compliance with the Bank Internal
Pelaksanaan Fungsi Audit Intern Bank (SPFAIB) serta Audit Function Implementation Standards (SPFAIB) as
perbaikan yang mungkin dilakukan sesuai dengan well as possible improvements in accordance with the
ketentuan dalam Peraturan Bank Indonesia yang prevailing provisions in the Bank Indonesia Regulation,
berlaku, maka paling kurang setiap tiga tahun sekali at least once every three years, an evaluation or review
dilakukan evaluasi atau kaji ulang oleh auditor/pihak by external auditor/parties have been conducted,
ekstern, yang terakhir telah dilakukan pada tahun the most recent was conducted in 2016 for the 2013-
2016 untuk periode audit 2013 –2016 dan dinyatakan 2016 audit period, and the SKAI was declared to have
bahwa SKAI telah memenuhi ketentuan SPFAIB. Untuk met the SPFAIB requirements. The next evaluation/
evaluasi/kaji ulang periode berikutnya atas hasil kerja review on the work results of the Bank’s SKAI and its
SKAI Bank dan kepatuhannya terhadap Standar compliance toward the Bank Internal Audit Function
Pelaksanaan Fungsi Audit Intern Bank (SPFAIB) akan Implementation Standards (SPFAIB) has been
dilaksanakan pada tahun 2019. conducted in 2019.
Tujuan dan Tahapan Pelaksanaan Audit Intern Bank Objectives and the Implementation Phase of the
Bank Internal Audit
SKAI dalam melaksanakan tugasnya terutama untuk SKAI performs its duties to ensure the implementation
memastikan terlaksananya SPI yang bertujuan untuk: of SPI, with the following objectives:
a. Memastikan kecukupan pengamanan dana a. Ensuring the security of public funds, including
masyarakat, meliputi deposito, giro, tabungan deposits, current accounts, savings, and other
serta dana pihak ketiga lainnya. third-party funds.
b. Pengamanan Assets berupa audit atas Kualitas b. Securing Assets include audit on the Quality of
Aktiva Produktif (kredit) melalui audit unit kerja productive asset through the audit work unit of
pengelola kredit dan Loan Review (end to end credit management and Loan Review (end to
process) untuk memastikan bahwa proses kredit end process) to ensure that the process of credit
(Inisiasi, Analisa, Keputusan, Pencairan dan (Initiation, Analysis, Decision, Disbursement and
Monitoring) telah dilakukan secara prudent. Monitoring) has been carried out prudently.
c. Pencapaian tujuan dan sasaran kegiatan c. The goals and objectives of the operational
operasional yang telah ditetapkan, pemanfaatan activities are achieved through economically
sumber daya secara ekonomis dan efisien, efektif efficient and effective use of resources and
dan mengawasi kegiatan tertentu seperti kegiatan supervise the activities of certain activities such
sistem teknologi informasi (Core Banking, Opics, as information technology systems (Core Banking,
Trade Innovation, Swift, dan lain-lain). Opics, Trade Innovation, Swift, and others).
d. Kebenaran dan keutuhan informasi, termasuk d. The integrity and completeness of information,
pencatatan kewajiban Bank dan rekening including accurate, complete, and timely recording
administratif yang akurat, lengkap dan tepat of the Bank obligations in the administrative
waktu. accounts.
e. Kepatuhan terhadap kebijakan, rencana, prosedur, e. Compliance with policies, plans, procedures, laws
hukum dan peraturan, termasuk penilaian aspek- and regulations, including the assessment of those
aspek yang dapat mempengaruhi Tingkat aspects that affect the Bank’s Soundness Level.
Kesehatan Bank.
f. Penilaian awareness lini manajemen/supervisi f. Assessment on awareness of management/
terhadap 5 (lima) komponen SPI. supervision of 5 (five) SPI components.

Pra Audit diawali dengan pemilihan metode Pre Audit begins with the selection of audit
pendekatan audit seperti Scope Audit berdasarkan approach methods such as Audit Scope based on the
hasil assessment, Audit Programterkait, Mandays, assessment results, Audit related program, Mandays,
penetapan sample size, tehnik pengujian, bukti the determination of sample size, testing technique,
minimal dan cara mendapatkannya. minimal evidence and ways to acquire them.
Penetapan penugasan ditetapkan oleh Kepala SKAI The Assignment determined by the Head of the
berdasarkan schedule yang ada pada Audit Plan. Internal Audit Unit based on the recommendation of
the Regional Head/General Audit Head
Penugasan Audit dimulai dengan pembuatan surat Audit Assignment begins with formulating the work
tugas, entry meeting, field audit, exit meeting, order, entry meeting, field audits, exit meetings,
pembuatan Daftar Monitoring Tindak Lanjut (DMTL) formulating the follow up list to be monitored, and
dan hasil audit berupa hasil penilaian SPI akan audit results in the form of SPI assessment as reflected
dicerminkan dalam Audit Rating dengan kualifikasi in the Audit Rating with the following qualifications,
Strong, Satisfactory, Fair, Marginal dan Unsatisfactory. Strong, Satisfactory, Fair, Marginal, and Unsatisfactory.
Hasil audit akan ditindaklanjuti dengan pembuatan Audit Results will be followed up by creating
executive summary report yang disampaikan kepada executive summary reports to the President Director,
Direktur Utama, Dewan Komisaris dengan tembusan Board of Commissioners and copies to the respective
kepada Direktur Kepatuhan dan Direktur terkait. Compliance Director and Director.
4.2.1 Pelaksanaan Tugas Audit Intern 4.2.1. Internal Audit Implementation
A. Pemeriksaan Umum (General Audit) A. General Audit

Yaitu pemeriksaan dengan ruang lingkup aspek Inspection based on scope of the Bank’s operational
kegiatan operasional Bank, dengan tujuan menilai activities, aimed to assess the effectiveness of the SPI,
efektivitas SPI terutama penilaian atas sistem dan particularly the prevailing systems and procedures and
prosedur yang berlaku serta implementasinya. their implementation. These inspections are carried
Pemeriksaan ini dilaksanakan pada seluruh Kantor out in all Branches/Sub Branch and Head Office
Cabang/Capem dan Divisi-Divisi Kantor Pusat. Pada Divisions. At the initial stage of Risk Based Audit and
tahap awal menuju Risk Based Audit maka pada awal at the beginning of the year, COSO Framework (5
tahun telah digunakan metodologi COSO Framework parts) methodology was used which include:
(5 komponen) yang meliputi:
a. Control Environment a. Control Environment
b. Risk Assessment b. Risk Assessment
c. Information & Communication c. Information & Communication
d. Monitoring d. Monitoring
e. Control Activity e. Control Activity
B. Pemeriksaan Pasif (On Desk Audit) B. On Desk Audit

Yaitu pemeriksaan yang dilakukan secara on desk Inspection conducted at desk which includes
yang meliputi monitoring kepada penyelesaian DMTL, monitoring the completion of DMTL, Intermediary
Rekening Perantara, penelitian dan pembuatan Account, research, and recapitulation based on reports
rekapitulasi berdasarkan laporan yang disampaikan submitted by the Branch/Sub Branch Office.
oleh Kantor Cabang/Capem.
4.2.2. Realisasi/Pencapaian Penugasan Audit Intern 4.2.2.

Realization/Achievement of Internal Audit
Selama tahun 2018, SKAI telah melaksanakan Assignment
pemeriksaan umum (General Audit) sesuai dengan In 2018, SKAI has performed General Audits in
rencana kerja audit tahun 2018 sebagai berikut: accordance with the audit work plan of 2018 as follows:

2018 2017
Obyek Audit Realisasi Realisasi

Rencana Pencapaian Rencana Pencapaian
Audit Object Audit Audit
Audit Completion Audit Completion
Audit Audit
Audit Plan (%) Audit Plan (%)
Realization Realization
Kantor Cabang | Branch Office 11 11 100 21 21 100
Kantor Cabang Pembantu | Sub-Branch Office 16 16 100 20 20 100
Kantor Kas | Cash Office *) - - - - - -
Unit Kerja/Divisi Kantor Pusat | Working Unit/Head 38 37 97 12 10 83
Office Division
Audit Khusus | Special Audit **)
- 10 - - 7 -
Total Audit 65 74 114 53 58 111
Loan Review 20 22 110 60 61 102
Audit Thematik | Thematic Audit - 2 - 6 8 133
Keterangan | notes:
*) Pemeriksaan Kantor Kas menjadi satu kesatuan dengan audit Kantor Cabang yang menjadi induknya.
Cash Office Audit is integrated with its Parent Branch Office
**) Penugasan/Audit Khusus terkait dengan fungsi anti fraud yang merupakan bagian dari organisasi SKAI.
Assignment/Special Audit related to anti-fraud function is part of SKAI organization
Selain melakukan audit sesuai dengan rencana kerja In addition to conducting audits in accordance
audit, selama tahun 2018 IAD juga telah melaksanakan with the audit work plan, during 2018 IAD has also
fungsi konsultatif audit dalam memberikan masukan implemented the consultative audit function in
(opini) dan rekomendasi sebanyak 24 Memorandum providing input (opinion) and recommendations as
audit. many as 24 Memorandum audits.
4.2.3. Temuan Pemeriksaan Audit Intern 4.2.3. Internal Audit Investigation Findings
Beberapa kesimpulan penting terkait dengan hasil Several important findings on Branch Offices, Sub-
pemeriksaan terhadap beberapa Kantor Cabang, Branch Offices, and Work Unit/Division of the Head
Kantor Cabang Pembantu dan Unit Kerja/Divisi di Office/Credit:
Kantor Pusat/Kredit sebagai berikut:
1. Pemeriksaan pada Kantor Cabang/Capem 1. Examination at the Branch/Sub-Branch Office
Hasil Audit SKAI pada Kantor Cabang/Capem, The SKAI Audit on Branch/Sub Branch Office
secara umum dapat diungkapkan bahwa Sistem indicated the internal control system (5 COSO
Pengendalian Intern (5 COSO Component) sudah Component) is adequate, the audit findings
cukup memadai, temuan audit rata-rata ditemukan most often found in aspect of Control Activities,
pada Control Activities, Control Environment dan Control Environment, and Monitoring, concerning
Monitoring yaitu petugas operasional maupun operational personnel and Supervisors (Kacab/
Supervisor (Kacab/BSOM/BO) yang belum KBO/OO) that do not conform to the SOPs
sepenuhnya menjalankan SOP secara konsisten consistently and continuously regarding the daily
dan berkesinambungan terhadap transaksi harian transactions on H+1, with an Audit Rating of 75.20
pada hari H+1, masih kurangnya control otomasi (Satisfactory).
(IT), dengan Audit Rating 75,20 (Satisfactory).
2. Bidang Kredit 2. Loan Sector
Dari hasil audit Divisi-Divisi Kredit/Loan Review, Based on the audits results on Credit Divisions/
temuan umumnya lebih disebabkan karena kurang Loan Review, audit findings are mostly due to
komprehensifnya proses pengendalian kredit dan the less comprehensive credit control processes
kurangnya monitoring pasca pencairan kredit, as well as inadequate post-loan disbursement
sehingga berpengaruh kepada kualitas kredit monitoring process, with an Audit Rating of 70.13
dengan nilai Audit Rating 70,13 (Fair). (Fair).
3. Pemeriksaan pada Unit Kerja/Divisi di Kantor 3. Examination of the entire Work Unit/Division at
Pusat Head Office
Hasil audit SKAI pada Unit Kerja/Divisi di The result and audit findings of SKAI audit on Work
Kantor Pusat pada umumnya temuan audit Units/Division at the Head Office are generally due
lebih disebabkan karena belum secara optimal to non optimum implementation of monitoring
menerapkan monitoring atas aktivitas Operasional on operational activities at such divisions and
pada Divisi tersebut dan belum dilakukannya non updated SOP, with an Audit Rating of 78.82
pengkinian SOP dengan Audit Rating 78,82 (Satisfactory).
(Satisfactory).

4.3. Fungsi Audit Ekstern 4.3. External Audit Function

Pengawasan terhadap PT Bank JTrust Indonesia In addition to internal auditor, the supervision of
Tbk selain dilaksanakan oleh auditor internal, juga PT Bank JTrust Indonesia Tbk is also conducted by
dilaksanakan oleh auditor eksternal, di antaranya external auditors, including Bank Indonesia/Financial
Bank Indonesia/Otoritas Jasa Keuangan dan Kantor Services Authority and Public Accounting Office
Akuntan Publik (KAP). Untuk memastikan pelaksanaan (KAP). To ensure effectiveness of the implementation
efektivitas fungsi audit ekstern, maka PT Bank JTrust of the external audit function, PT Bank JTrust Indonesia
Indonesia Tbk mengacu kepada dan berupaya untuk Tbk refers and strives to meet the terms engagement
memenuhi ketentuan mengenai hubungan antara between the Bank, the Public Accountant Office,
Bank, Kantor Akuntan Publik dan Bank Indonesia and Bank Indonesia as stipulated in Bank Indonesia
sebagaimana yang diatur dalam ketentuan Otoritas regulation concerning Transparency of the Bank’s
Jasa Keuangan tentang Transparansi Kondisi Financial Condition.
Keuangan Bank.
Salah satu komponen/faktor penting dalam One important component in the implementation of
penerapan tata kelola yang baik adalah tersedianya Good Corporate Governance (GCG) is the availability
laporan keuangan yang memadai serta kecukupan of an adequate financial statements and the adequacy
proses pelaporan keuangan, sesuai dengan prinsip- of financial reporting process, in accordance with
prinsip keterbukaan/transparansi (transparency), the principles of transparency, accountability,
akuntabilitas (accountability), pertanggungjawaban responsibility, independency, and fairness.
(responsibility), independensi (independency), dan
kewajaran (fairness).
Efektivitas Pelaksanaan Audit Ekstern Effectivity of External Audit Implementation

Untuk memastikan pemenuhan ketentuan penyusunan In order to support and ensure adequacy of financial
dan penyajian laporan keuangan Bank sesuai dengan statements and the financial reporting process, the
Standar Akuntansi Keuangan di Indonesia, maka role of the External Auditor (in this case the Public
peran Auditor Eksternal (dalam hal ini Kantor Akuntan Accounting Office) is important.
Publik/KAP) sangatlah penting.
Peran dan fungsi Auditor Eksternal antara lain adalah: The role and function of the External Auditor includes:
1. Memastikan kesesuaian laporan keuangan dengan 1. Ensure compliance of financial statements with
standar akuntansi yang berlaku. the prevailing accounting standards.
2. Memastikan laporan keuangan internal sudah 2. Ensure internal financial statements comply with
memenuhi ketentuan Otoritas Jasa Keuangan the provisions of Bank Indonesia concerning
yang berlaku tentang Transparansi Kondisi transparency of the Bank’s Financial Condition.
Keuangan Bank.
Hasil audit atas Laporan Keuangan yang dihasilkan The audit result on Financial Report produced by KAP is
oleh KAP merupakan outcome dari suatu proses an outcome of an objective, independent, professional
yang obyektif, independen, profesional, sehingga process that expected to support good corporate
diharapkan dapat mendukung prinsip tata kelola yang governance principle both in Bank’s management
baik dalam pengelolaan manajemen Bank sehingga governance hence fulfilling the expectation of Bank’s
dapat memenuhi harapan stakeholder Bank. stakeholders.
Pengungkapan informasi (disclosure) secara Disclosure of information in a transparent manner

transparan kepada masyarakat luas/publik melalui to the general public through Financial Services
Otoritas Jasa Keuangan, Bursa Efek Indonesia, Authority, Print Media, YLKI, LPPI, and others, and
Media Cetak, dan sebagainya serta ditampilkan pada displayed on the Home Page or Website of PT Bank
Homepage atau situs web PT Bank JTrust Indonesia JTrust Indonesia, www.jtrustbank.co.id.
Tbk, dengan alamat www.jtrustbank.co.id
Transparansi kondisi keuangan Bank diatur dalam: Transparency of the Bank’s financial condition is set
as follows:
1. Peraturan Otoritas Jasa Keuangan Nomor 6/ 1. Financial Services Authority Regulation
POJK.03/2015 tanggal 31 Maret 2015 tentang No. 6/POJK.03/2015 dated March 31, 2015
“Transparansi dan Publikasi Laporan Bank”, on “Transparency and Publication of the
sebagaimana telah diubah dalam POJK Nomor Bank Reports”, as amended in POJK No. 32/
32/POJK.03/2016 tanggal 8 Agustus 2016. POJK.03/2016 dated 8 August 2016.

2. Surat Edaran Otoritas Jasa Keuangan Nomor 2. Circular of the Financial Services Authority No.
43/SEOJK.03/2016 tanggal 28 September 2016 43/SEOJK.03/2016 dated September 28, 2016 on
tentang “Transparansi dan Publikasi Laporan Bank “Transparency and Publication for Conventional
Umum Konvensional“. Commercial Bank Reports”.
Laporan Publikasi disusun untuk memberikan The Publications Report is prepared to provide
informasi mengenai posisi keuangan, kinerja atau information on the Bank’s financial position,
hasil usaha Bank, informasi keuangan lainnya serta performance or results, other financial information and
informasi kualitatif kepada berbagai pihak yang qualitative information to various parties concerned
berkepentingan dengan perkembangan usaha with the Bank’s business development. All information
Bank. Seluruh informasi tersebut diharapkan dapat is expected to improve the transparency of the Bank’s
meningkatkan transparansi kondisi keuangan Bank financial condition to the public and maintain public
kepada publik dan menjaga kepercayaan masyarakat confidence towards banking institutions.
terhadap lembaga perbankan.
Implementasi penyusunan dan penyajian Laporan Implementation of the presentation and preparation
Publikasi PT Bank JTrust Indonesia Tbk disampaikan of financial statements of PT Bank JTrust Indonesia
dalam bentuk dan cakupan sebagaimana telah Tbk is delivered in the form and scope as set out in
ditetapkan dalam ketentuan Otoritas Jasa Keuangan the Regulation of Financial Authority Services which
yang terdiri dari: consists of:
• Laporan Publikasi Bulanan • Monthly Publications Report
• Laporan Publikasi Triwulanan • Quarterly Publications Report
• Laporan Publikasi Tahunan • Annual Publications Report
• Laporan Publikasi Lain • Other Publications Report
Ruang lingkup Laporan Keuangan Tahunan meliputi: The Annual Financial Report scope covers the
following:
1) Informasi umum, paling sedikit meliputi: 1) General information, which includes:
a. Susunan Direksi, Dewan Komisaris, dan Pejabat a. Composition of the Board of Directors, Board
Eksekutif beserta jabatan, dan ringkasan of Commissioners, and Executive Officers
riwayat hidupnya; along with their positions, and their life
summary;
b, Susunan dan komposisi Pemegang Saham, b. The composition of Shareholders, ie
yaitu nama Pemegang Saham dan persentase shareholder name and share ownership
kepemilikan saham; percentage;
c. Perkembangan usaha Bank dan kelompok c. The Bank’s business development and the
usaha Bank; Bank’s business groups;
d. Strategi dan kebijakan yang ditetapkan oleh d. Management strategy and policy;
manajemen Bank;
e. Laporan manajemen yang memuat informasi e. Management report containing information
mengenai pengelolaan Bank. on Bank management.
2). Laporan Keuangan tahunan, paling sedikit 2) Annual Financial Report, which includes:
meliputi:
• Laporan Keuangan, paling sedikit mencakup: • Financial Reports which includes:
a Laporan Posisi Keuangan; a. Statement of Financial Position;
b. Laporan Laba Rugi dan Penghasilan b. Statement of Comprehensive Income;
Komprehensif Lain;
c. Laporan Perubahan Ekuitas; c. Statement of Changes in Equity;
d. Laporan Arus Kas; dan d. Cash flow statement;
e. Catatan atas Laporan Keuangan, termasuk e. Notes to the financial statements,
informasi mengenai komitmen dan including information on commitments
kontinjensi. and contingencies.
• Penambahan Pengungkapan Informasi bagi • Additional Disclosure to Information on Banks
Bank yang merupakan bagian dari suatu that are part of a business group.
kelompok usaha.
• Opini dari Akuntan Publik yang memuat • Opinion from a Public Accountant containing
pendapat atas laporan keuangan tahunan. opinions on annual financial statements.

3) Informasi kinerja keuangan, meliputi: 3) Financial Performance Information, including:

• Perhitungan Kewajiban Penyediaan Modal • Calculation of Minimum Capital Adequacy
Minimum (KPMM); Requirement (KPMM);
• Jumlah dan kualitas aset produktif serta • Total and productive quality assets and
Cadangan Kerugian Penurunan Nilai (CKPN); Impairment Losses Reserves (CKPN);
• Rasio keuangan, paling sedikit mencakup: • Financial ratios, including at least the
following:
a. Rasio KPMM; a. KPMM Ratio;
b. Return on Asset (ROA); b. Return on Assets (ROA);
c. Return on Equity (ROE); c. Return on Equity (ROE);
d. Rasio Beban Operasional terhadap d. Ratio of Operating Expenses to Operating
Pendapatan Operasional (BOPO); Income (BOPO);
e. Persentase pelanggaran dan pelampauan e. Percentage of violation and exceedance
Batas Maksimum Pemberian Kredit of Legal Lending Limit (LLL);
(BMPK);
f. Rasio Posisi Devisa Neto (PDN); f. Net Open Position (NOP) ratio;
g. Nilai Liquidity Coverage Ratio (LCR) g. Individual and consolidated Liquidity
secara individu dan konsolidasi. Coverage Ratio (LCR) value.
• Transaksi spot dan transaksi derivatif. • Spot and derivative transaction
4) Pengungkapan permodalan dan praktik 4) Disclosure on capital and risk management
manajemen risiko yang diterapkan Bank, paling practices adopted by the Bank shall include, at
sedikit meliputi uraian jenis risiko, potensi a minimum, description of risks types, potential
kerugian yang dihadapi Bank, dan mitigasi risiko losses faced by the Bank, and risk mitigation as
sebagaimana diatur mengenai permodalan dan regulated on capital and risk management.
manajemen risiko.
5) Pengungkapan lain yang diatur dalam Standar 5) Other disclosures provided in the Financial
Akuntansi Keuangan. Accounting Standards.
6) Informasi lain yang ditentukan oleh Otoritas Jasa 6) Other information as determined by the Financial
Keuangan. Services Authority.
Dalam menjalankan fungsi penerapan tata kelola In conducting Good Corporate Governance function
perusahaan yang baik yaitu fungsi transparansi kondisi that is the transparency of financial conditions, the
keuangan, Bank telah menyusun dan menyajikan Bank has prepared and presented the Financial
Laporan Keuangan untuk tahun-tahun yang berakhir Statements for the years ended December 31, 2018
pada tanggal 31 Desember 2018 (Audited) dan tanggal (Audited) and dated December 31, 2017 (Audited).
31 Desember 2017 (Audited).
Sesuai dengan hasil keputusan RUPS Tahunan PT In accordance with the decision of the Annual GMS
Bank JTrust Indonesia Tbk yang telah diselenggarakan of PT Bank JTrust Indonesia Tbk, which was held
pada tanggal 28 Juni 2018, bahwa dalam RUPS on 28 June 2018, the GMS appointed a registered
dilakukan penunjukan Akuntan Publik yang terdaftar Public Accountant or granting power to make the
atau pemberian kuasa untuk melakukan penunjukan appointment of a registered Public Accountant
Akuntan Publik yang terdaftar kepada Dewan Komisaris to the Board of Commissioners to determine the
Perseroan untuk menetapkan Kantor Akuntan Publik Public Accounting Office (KAP) to audit the financial
(KAP) yang mengaudit laporan keuangan Perseroan statements of the Company for the fiscal year ended
untuk tahun buku yang berakhir pada tanggal December 31, 2018.
31 Desember 2018.
Dalam prosesnya, Komite Audit memberikan In the process, the Audit Committee recommends
rekomendasi penunjukan Kantor Akuntan Publik the appointment of Public Accountant Firm (KAP)
(KAP) Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Associates
(An Independent Member Firm of Crowe Global) An Independent Member Firm of Crowe Global to
kepada Dewan Komisaris melalui surat No. No.16.01/ the Board of Commissioners through letter No.16.01/
KA/JTrust/VIII/2018 tertanggal 16 Agustus 2018. KA/JTrust/VIII/2018 dated 16 August 2018. Based
Kemudian berdasarkan hasil rekomendasi dari on the recommendations of the Audit Committee,
Komite Audit tersebut, Dewan Komisaris menunjuk the Board of Commissioners appoints the Public
Kantor Akuntan Publik (KAP) Kosasih, Nurdiyaman, Accounting Firm of Kosasih, Nurdiyaman, Mulyadi,
Mulyadi, Tjahjo & Rekan (An Independent Member Tjahjo & Associates (An Independent Member Firm of
Firm of Crowe Global) sebagai auditor eksternal yang Crowe Global) as external auditors who will audit the

akan mengaudit Laporan Keuangan untuk tahun Financial Statements for the year ended on December
buku yang berakhir pada 31 Desember 2018 melalui 31, 2018 through letter No.20.01/S-KOM/JTrust/
surat No.20.01/S-KOM/JTrust/VIII/2018 tertanggal VIII/2018 dated 20 August 2018 and the appointment
20 Agustus 2018 dan penunjukan telah dilaporkan has been reported by the Bank to the Financial
oleh pihak Bank kepada Otoritas Jasa Keuangan (OJK) Services Authority (OJK) by letter No.20.02/S-Dir-
melalui surat No.20.02/S-Dir-FCD/JTRUST/VIII/2018 FCD/JTRUST/VIII/2018 dated 20 August 2018.
tertanggal 20 Agustus 2018.
Untuk Laporan Keuangan tahun buku 2018 dan 2017 The Financial Statements for 2018 and 2017 have
telah disusun dan diaudit oleh Kantor Akuntan Publik been prepared and audited by the Public Accounting
(KAP) Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan Firm (KAP) Kosasih, Nurdiyaman, Mulyadi, Tjahjo &
(An Independent Member Firm of Crowe Horwath Partners (An Independent Member Firm of Crowe
Global) dengan partner penanggung jawab (partner in Horwath Global) with partner in charge Tjiong Eng
charge) adalah Tjiong Eng Pin, CPA yang berdasarkan Pin, CPA based on Independent Auditor’s Report
Laporan Auditor Independen No. 00271/2.1051/ No. 00271/2.1051/AU.1/07/0517-3/1/III/2019 dated 27
AU.1/07/0517-3/1/III/2019 tanggal 27 Maret 2019 March 2019 expresses “FAIRLY” opinion, in all material
menyatakan opini “WAJAR”, dalam semua hal yang respects, the financial position of PT Bank JTrust
material, posisi keuangan PT Bank JTrust Indonesia Indonesia Tbk dated December 31, 2018, financial
Tbk tanggal 31 Desember 2018, serta kinerja keuangan performance and cash flows for the year end, in
dan arus kas untuk tahun yang berakhir pada tanggal accordance with Indonesian Financial Accounting
tersebut, sesuai dengan Standar Akuntansi Keuangan Standards.
di Indonesia.
Informasi ringkas Laporan Keuangan Tahunan posisi Concise information of the Annual Financial Report
31 Desember 2018 (Audited) dan 31 Desember 2017 on the December 31, 2018 (Audited) and December
(Audited) dapat kami sampaikan sebagai berikut: 31, 2017 (Audited) positions are disclosed as follows:
Laporan Keuangan Financial Statements
ASET (Audited) ASSETS (Audited)

No Pos-Pos Tertentu 31-12-2018 31-12-2017 Items
1 Giro pada Bank Indonesia 803.124 885.824 Current Account with Bank Indonesia
2 Giro pada Bank Lain – Neto 249.546 264.140 Current Accounts with Other Bank - Nett
3 Penempatan pada Bank Indonesia & Bank Lain 649.905 514.950 Placement with Bank Indonesia and Other
- Neto Banks
4 Surat-Surat Berharga – Neto 3.562.738 2.938.516 Marketable Securities - Net
5 Tagihan Derivatif – Neto 11.324 810 Derivative Receivable - Net
6 Kredit yang Diberikan – Neto 10.129.117 11.281.861 Loan - Net
7 Agunan yang Diambil Alih - Neto 237.653 231.367 Foreclosed Collateral - Net
LIABILITAS dan EKUITAS LIABILITIES AND EQUITY
LIABILITAS (Audited) LIABILITIES (Audited)

1 Simpanan Nasabah: Deposits from Customers:
- Pihak Berelasi 87.043 120.767 - Related Parties
- Pihak Ketiga 13.161.562 12.783.853 - Third Parties
2 Simpanan dari Bank lain 1.911.604 1.485.561 Deposits from Other Banks
3 Liabilitas Derivatif 640 411 Derivative Payables

EKUITAS (Audited) EQUITY (Audited)

(dalam jutaan rupiah) (in million Rupiah)
1 Modal Saham yg ditempatkan & disetor penuh 12.223.149 12.223.155 Issued and Fuly Paid in Capital
2 Tambahan modal disetor 178.765 178.759 Additional Paid-in-Capital
3 Surplus Revaluasi Aset Tetap - Neto 124.962 143.097 Revaluation Surplus of Fixed Assets - Net
LABA (RUGI) (Audited) PROFIT (LOSS) (Audited)

(dalam jutaan rupiah) (in million Rupiah)
1 Laba (Rugi) Bersih (401.101) 121.534 Net Profit (Loss)
2 Laba (Rugi) per Saham Dasar (40,06) 12,14 Basic Loss per Share
Rasio-Rasio Keuangan yang Penting (Audited) Important Financial Ratios (Audited)

Pos-Pos Tertentu Items 31-12-2018 31-12-2017
Permodalan - Rasio KPMM yang tersedia untuk - Capital Adequacy Ratio with Credit 14,10% 14,35%
Capital Risiko Kredit dan Risiko Operasional and Operational Risk
- Rasio KPMM yang tersedia setelah - Capital Adequacy Ratio with Credit, 14,03% 14,15%
memperhitungkan Risiko Kredit, Risiko Market and Operational Risk
Pasar, dan Risiko Operasional
- Aset Tetap terhadap Modal - Fixed Asset to Capital 12,44% 20,50%
Aset Produktif - Aset Produktif bermasalah - Non Performing Earning Assets 7,13% 5,98%
Earning Assets - NPL – Gross - NPL – Gross 4,26% 2,94%
- NPL – Neto - NPL – Net 3,12% 1,53%
- PPAP terhadap Aset Produktif - Allowance for Possible Losses (PPAP) 4,59% 4,32%
- Pemenuhan PPAP on Earning Assets 82,49% 100,79%
- PPAP Compliance
Rentabilitas - ROA - ROA (Return on Assets) (2,25%) 0,73%
Profitability - ROE - ROE (Return on Equity) (29,13%) 8,09%
- NIM - NIM (Net Interest Margin) 2,28% 2,41%
- BOPO - BOPO (Operating Expenses to 116,32% 93,87%
Operating Revenues Ratio)
Likuiditas LFR LDR (Loans to Deposits Ratio) 77,43% 88,87%
Liquidity
Kepatuhan Giro Wajib Minimum (GWM) Minimum Statutory Reserves
Compliance - GWM Primer Rupiah - Primary Reserve in Rupiah 14,66% 9,93%
• Harian • Daily 9,77% 6,62%
• Rata-rata • Average 4,89% 3,31%
- PLM - PLM 20,35% -
- GWM Sekunder Rupiah - Secondary Reserve in Rupiah - 13,85%
- GWM Mata Uang Asing/Valas - Reserve in Foreign Currencies 10,34% 9,63%
PDN (Per posisi Neraca terhadap Modal NOP (Per Balance Sheet Position to 1,54% 3,58%
Akhir Tahun) Capital at Year End)

4.4 Sekretaris Perusahaan (Corporate Secretary) 4.4. Corporate Secretary
Sekretaris Perusahaan memiliki peranan yang penting The Corporate Secretary has an important role in
dalam memastikan aspek penghubung (liaison officer) ensuring the liaison aspect (liaison officer) between
antara Bank dengan pihak eksternal khususnya the Bank and external parties with particular regard
berkaitan dengan pasar modal, publik serta kebijakan to the capital market, public, and internal policies
internal berkaitan dengan penerapan tata kelola with regard to the implementation of good corporate
perusahaan yang baik. Ketentuan pembentukan governance. The Basic Terms of Reference for the
Sekretaris Perusahaan PT Bank JTrust Indonesia Tbk establishment of the Corporate Secretary of PT Bank
merujuk pada Peraturan Otoritas Jasa Keuangan No. JTrust Indonesia Tbk refers to the Financial Services
35/POJK.04/2014 tentang Sekretaris Perusahaan Authority Regulation No. 35/POJK.04/2014 on
Emiten atau Perusahaan Publik. Corporate Secretary of Public Company.
4.4.1. Profil Sekretaris Perusahaan 4.4.1. Profile of the Corporate Secretary

Sekretaris Perusahaan diangkat dan diberhentikan The Corporate Secretary shall be appointed and
berdasarkan keputusan Direksi. Pengangkatan dismissed by the Board of Directors. The appointment
Sekretaris Perusahaan telah memenuhi persyaratan of the Corporate Secretary has met the requirements
yang telah ditetapkan antara lain oleh Peraturan stipulated by the related Regulation Authority (OJK),
Otoritas terkait (OJK), dimana selama tahun 2018 where during the year 2018 the Corporate Secretary/
jabatan Sekretaris Perusahaan/Kepala Divisi Corporate Corporate Secretary Division Head of PT Bank JTrust
Secretary PT Bank JTrust Indonesia Tbk dipegang oleh Indonesia Tbk was held by Mr. Rudyanto Gunawan
Sdr. Rudyanto Gunawan, berdasarkan Surat Keputusan based on Decree of the Board of Directors No.05.08/S.
Direksi No.05.08/S.Kep-Dir-HCD/JTRUST/VII/2018 Kep-Dir-HCD/JTRUST/VII/2018 dated 05 July 2018.
tanggal 05 Juli 2018.
Rudyanto Gunawan, Warga Negara Indonesia, 48 Rudyanto Gunawan, Indonesian citizen, 48 years old,
tahun, berdomisili di Tangerang Selatan. Mengawali domiciled in South Tangerang. Started his career as
karier sebagai budget staff di Prima Express Bank pada budget staff at Prima Express Bank in 1994, then
1994, sebelum melanjutkan karier di Permata Bank joined Permata Bank until 2003 with the last position
pada hingga 2003 dengan jabatan terakhir sebagai as Budget Department Head. He joined J Trust Bank
Budget Department Head. Beliau bergabung dengan J (previously known as Mutiara Bank) in 2010 and in the
Trust Bank (sebelumnya bernama Mutiara Bank) sejak same year is appointed as Planning and Performance
2010 yang kemudian pada tahun yang sama ditunjuk Division Head.
menjadi Planning and Performance Division Head.
Beliau meraih gelar Sarjana Teknik Sipil dari Universitas He graduated with a Civil Engineer Degree from the
Katolik Parahyangan, Bandung pada 1994. Kemudian, Catholic University of Parahyangan, Bandung in 1994.
beliau menyelesaikan program Postgraduate Degree Later, he finished Postgraduate Degree program
dan Master of Management in Banking and Finance di and Master’s Degree in Management in Banking and
Massey University, New Zealand pada 2008 Finance from the Massey University, New Zealand in
2008.
4.4.2. Pendidikan dan/atau Pelatihan Sekretaris 4.4.2.

Education and/or Training of Corporate
Perusahaan Secretary
Untuk meningkatkan kompetensi dan pemahaman To improve competence and understanding in
dalam menunjang pelaksanaan tugas dan tanggung support of its duties and responsibilities, during 2018
jawabnya, selama tahun 2018 Sekretaris Perusahaan Corporate Secretary of PT Bank JTrust Indonesia Tbk
PT Bank JTrust Indonesia Tbk telah mengikuti berbagai has attended various education/training programs,
program pendidikan/pelatihan, workshop, konferensi, workshops, conferences, seminars, among others:

seminar, antara lain:

Nama Pelatihan, Workshop, Konferensi, Seminar Penyelenggara Tempat & Waktu
No.
Name Training, Workshop, Conference, Seminar Organizer Venue & Date
1 Rudyanto Gunawan Performance Management System Internal J Trust Bank Jakarta, 5 Januari 2018
Jakarta, 5 January 2018
2 Rudyanto Gunawan Workshop Direktorat Business 2018 Internal J Trust Bank Jakarta, 19 Januari 2018
Jakarta, 19 January 2018
4 Rudyanto Gunawan Workshop Fitur E-Money Internal J Trust Bank Jakarta, 10 Agustus 2018
Jakarta, 10 August 2018
4 Rudyanto Gunawan Sosialisasi Aplikasi Rencana Bisnis Bank Internal J Trust Bank Jakarta, 21 Desember 2018
Revisi (RBBR) - Earning & Capital Jakarta, 21 December 2018
Socialization of Revised Bank Business Plan
Application Revisi (RBBR) - Earning & Capital
Selain dari yang disebutkan di atas, Sekretaris In addition to the above, the Corporate Secretary
Perusahaan senantiasa mengikuti/ menghadiri will always follow/attend the socialization of new
sosialisasi peraturan-peraturan baru dari OJK dan BEI. regulations from FSA and IDX.
4.4.3. Pelaksanaan tugas Sekretaris Perusahaan 4.4.3. Task Implementation of the Corporate
Dalam melaksanakan kegiatannya, Sekretaris Secretary
Perusahaan berpedoman pada POJK No.35/ In conducting its activities, Corporate Secretary
POJK.04/2014 dan SOP Corporate Secretary. complies to Regulation of Financial Services Authority
Sekretaris Perusahaan PT Bank JTrust Indonesia Tbk No. 35/POJK.04/2014 and Standard Operating
telah melaksanakan tugasnya, dengan uraian singkat Procedure for Corporate Secretary. The corporate
pelaksanaan tugas sebagai berikut: secretary of PT Bank JTrust Indonesia Tbk has
performed its duties, the following is a brief description
of its task implementation:
1. Mengikuti perkembangan industri keuangan - 1. Following the development of the financial
perbankan dan pasar modal khususnya peraturan industry - banking and capital markets particularly
perundang-undangan yang berlaku di bidang the applicable legislations in the financial - banking
keuangan - perbankan dan pasar modal. and capital markets sectors.
2. Memberikan masukan kepada Direksi dan Dewan 2. Providing recommendations to the Board of
Komisaris untuk mematuhi ketentuan peraturan Directors and the Board of Commissioners to
perundang-undangan yang berlaku di perbankan comply to the applicable regulations in banking
dan pasar modal. and capital markets.
3. Membantu Direksi dan Dewan Komisaris dalam 3. Assisting the Board of Directors and the Board
pelaksanaan tata kelola perusahaan yang baik, of Commissioners in the implementation of good
yang meliputi: corporate governance, including:
a. Keterbukaan informasi kepada masyarakat, a. Disclosure of information to the public,
termasuk ketersediaan informasi pada Situs including the availability of information on the
Web Emiten atau Perusahaan Publik; website of the Company;
b. Menyampaikan laporan kepada Otoritas Jasa b. Submitting reports to the Financial Services
Keuangan tepat waktu; Authority in a timely manner;
c. Penyelenggaraan dan dokumentasi Rapat c. Implementation and documentation of the
Umum Pemegang Saham; General Meeting of Shareholders;
d. Penyelenggaraan dan dokumentasi rapat d. Implementation and documentation of the
Direksi dan/atau Dewan Komisaris; Board of Commissioners and or Board of
Directors meetings;
e. Pelaksanaan program orientasi terhadap e. Implementation of the orientation program to
perusahaan bagi Direksi dan/atau Dewan the company for the Board of Directors and/
Komisaris. or Board of Commissioners.
4. Sebagai penghubung antara Emiten atau 4. As a liaison between the Issuer or Public Company
Perusahaan Publik dengan Otoritas Jasa Keuangan with the Financial Services Authority and other
dan pemangku kepentingan lainnya. stakeholders.
5. Sebagai fasilitator dalam pelaksanaan tanggung 5. As the facilitator in the implementation of
jawab sosial perusahaan dan lingkungan Corporate Social Responsibility (CSR).
(Corporate Social Responsibility/CSR).

6. Melakukan fungsi komunikasi dalam rangka 6. Perform the communication function in order
membangun citra dan reputasi perusahaan serta to build the company’s image and reputation as
membangun goodwill keluar perusahaan, menjaga well as developing goodwill out of the company,
konsistensi pesan dan citra yang ingin disampaikan maintaining the consistency of message and
kepada masyarakat, serta menjaga agar informasi image to be conveyed to the public, as well as
yang disampaikan tidak melanggar hukum. ensuring that information submitted does not
violate the law.
7. Mengkoordinir pelaksanaan office of the board 7. Coordinating the implementation of office of the
yang mencakup: board, including:
a. Memastikan ketersediaan informasi dalam a. Ensuring the availability of information in the
pengambilan keputusan Direksi dan Dewan decision making of the Board of Directors and
Komisaris. the Board of Commissioners.
b. Memastikan kehadiran peserta rapat agar b. Ensuring the attendance of meeting
kuorum dapat tercapai sehinggga keputusan participants in order to achieve the quorum,
yang dihasilkan legitimate dan kredibel. allowing legitimate and credible decisions.
c. Memastikan fungsi sekretariat perusahaan c. Ensuring the function of the corporate
dalam mengadministrasikan pelaksanaan secretary to administer the implementation of
dokumentasi keputusan rapat dan kearsipan meeting results documentation and corporate
korporat. archiving.
8. Melaksanakan tugas sesuai dengan prinsip kehati- 8. Implementing the tasks in accordance with the
hatian (Prudential Banking). prudence principles (Prudential Banking).
9. Melaksanakan tugas dan bertanggung jawab 9. Fully implement its duties and responsibilities in
penuh sesuai pedoman dan prosedur. accordance with the guidelines and procedures.

BAB V PENERAPAN MANAJEMEN RISIKO TERMASUK SISTEM

PENGENDALIAN INTERN
CHAPTER V Risk Management and Internal Control System Implementation
5.1. Penerapan Manajemen Risiko 5.1. Risk Management Implementation
PT Bank JTrust Indonesia Tbk telah menerapkan PT Bank JTrust Indonesia Tbk has implemented risk
manajemen risiko berdasarkan ketentuan Peraturan management based on Regulation of Financial Services
Otoritas Jasa Keuangan (POJK) Nomor 18/ Authority No. 18/POJK.03/2016 dated March 16, 2016
POJK.03/2016 tanggal 16 Maret 2016 tentang on the application of Risk Management for Commercial
Penerapan Manajemen Risiko Bagi Bank Umum, dan Banks, and Financial Services Authority Circular Letter
Surat Edaran Otoritas Jasa Keuangan (SEOJK) Nomor No. 34/SEOJK.03/2016 dated September 1, 2016 on
34/SEOJK.03/2016 tanggal 1 September 2016 tentang Risk Management Implementation for Commercial
Penerapan Manajemen Risiko Bagi Bank. Banks.
Penerapan manajemen risiko dan tata kelola Bank Implementation for Appropriate and sound
(Good Corporate Governance) yang tepat dan sehat management of risk and governance of the Bank (Good
akan memiliki peran dalam meningkatkan nilai tambah Corporate Governance) will have a role in increasing
dan memberikan gambaran yang komprehensif the added value and provide a comprehensive
mengenai potensi risiko dan kerugian Bank di masa picture of the potential risks and losses of the Bank
mendatang yang disesuaikan dengan kompleksitas in the future adjusted to the complexity and internal
serta kondisi internal bank. conditions of the bank.
Untuk mencapai tujuan di atas, maka diperlukan adanya To achieve the above objectives, it is necessary to
budaya sadar risiko (risk awareness) dan kemampuan create a risk awareness culture and adequate technical
teknis yang memadai daripada seluruh unit kerja di J competence of the entire unit in Bank JTrust Indonesia,
Trust Bank, dimana hal ini menjadi tanggung jawab which is the responsibility of and involving all the work
dan melibatkan seluruh unit kerja di J Trust Bank. units at JTrust Bank Indonesia.
Efektivitas penerapan tata kelola dan kerangka kerja The effectiveness of the governance and risk
manajemen risiko oleh PT Bank JTrust Indonesia Tbk management framework implementation by PT Bank
meliputi 4 (empat) pilar yaitu: JTrust Indonesia Tbk includes four (4) pillars, namely:
a. Pengawasan aktif Direksi dan Dewan Komisaris a. Active supervision of the Board of Directors and
Dewan Komisaris dan Direksi bertanggung jawab Board of Commissioners
atas efektivitas penerapan manajemen risiko di The Board of Commissioners and Board of
Bank serta memastikan penerapan manajemen Directors are responsible for the effectiveness
risiko telah memadai sesuai dengan karakteristik, of risk management at the Bank and ensure the
kompleksitas dan profil risiko Bank. Pengawasan implementation of adequate risk management in
aktif Dewan Komisaris meliputi antara lain: accordance with the characteristics, complexity,
and risk profile of the Bank. Active supervision
by the Board of Commissioners include, among
others:
(1) Menyetujui kebijakan Manajemen Risiko (1) To approve the risk management policy,
termasuk strategi dan kerangka Manajemen including strategies and risk management
Risiko yang ditetapkan sesuai dengan tingkat framework established in accordance with
risiko yang diambil (risk appetite) dan toleransi the level of risk taken (risk appetite) and risk
risiko (risk tolerance) Bank; tolerance of the Bank;
(2) Melakukan evaluasi terhadap kebijakan (2) To evaluate the policies and the implementation
dan implementasi manajemen risiko yang of risk management performed by the Board
dilakukan oleh Direksi. of Directors.
(3) Menyelenggarakan Rapat Berkala dengan (3) Holding Regular Meeting with the Board of
Direksi untuk mengevaluasi pencapaian tindak Directors to evaluate the achievement of the
lanjut setiap rencana kerja (action plan); follow-up of each action plan;

(4) Memastikan rekomendasi setiap Laporan Hasil (4) Ensure that any recommendations the Audit
Audit (LHA) Satuan Kerja Audit Internal dan Report (LHA) of the Internal and External
Eksternal telah ditindaklanjuti. Audit Unit have been followed up.
Sedangkan Direksi bertugas menentukan arah Meanwhile, the Board of Directors is in charge
kebijakandan strategi manajemen risiko secara of determining the direction of policies and
komprehensif, termasuk implementasinya, serta strategies of risk management comprehensively,
memastikan bahwa risiko yang material dan including implementation, and to ensure that all
dampaknya telah ditindaklanjuti. Direksi juga material risks and the impacts have been followed
bertanggung jawab untuk menumbuhkembangkan up. The Board of Directors is also responsible to
budaya dan kesadaran akan risiko di seluruh jajaran foster the risk culture and awareness throughout
unit kerja. Pengawasan aktif Direksi, di antaranya the ranks of the working unit. Active supervision
meliputi: of the Board of Directors, includes:
(1) Menyusun kebijakan, strategi, dan kerangka (1) Formulate risk management policies,
Manajemen Risiko dengan memperhatikan strategies, and framework by taking into
tingkat risiko yang diambil (risk appetite) dan account the level of risk taking (risk appetite)
toleransi risiko (risk tolerance) Bank; and risk tolerance of the Bank;
(2) Memantau, mengevaluasi, dan memastikan (2) Monitor, evaluate and ensure the Bank’s
Rencana Bisnis Bank, strategi dan action plan business plan, strategy, and action plan has
telah dilakukan sesuai rencana melalui rapat/ been carried out as planned through regular
pertemuan berkala; meeting;
(3) Memastikan Standar Operasional Prosedur (3) Ensuring the Standard Operating Procedures
(SOP), Kebijakan dan Prosedur telah dipahami (SOP), Policies and Procedures have been
dan dilaksanakan; understood and implemented;
(4) Memastikan dan melaksanakan langkah (4) To ensure and implement corrective measures
perbaikan atau rekomendasi dari Satuan Kerja or recommendations of the Internal and
Audit Internal dan Eksternal telah dilaksanakan External Audit Unit had been implemented
dengan efektif; effectively;
(5) Mengembangkan budaya manajemen risiko (5) Develop a risk management culture and
dan meningkatkan kesadaran risiko pada raise risk awareness at entire levels of the
seluruh jenjang organisasi. organization.
Dalam rangka pengawasan dan pengelolaan In regard of risk supervision and management
risiko Bank serta penerapan Tata Kelola yang baik, of the Bank and the implementation of
Dewan Komisaris dibantu oleh Komite Pemantau Good Corporate Governance, the Board of
Risiko (Risk Monitoring Committee) di tingkat Commissioners is assisted by the Risk Oversight
Komisaris dan di tingkat Direksi dibantu oleh Committee and the Board of Directors is assisted
Komite Manajemen Risiko (Risk Management by the Risk Management Committee.
Committee).

Berikut Struktur Organisasi Manajemen Risiko pada PT The following is the Organizational Structure of Risk
Bank JTrust Indonesia Tbk: Management at PT Bank JTrust Indonesia Tbk:
Board of Risk Monitoring

Commissioners Committee
President
Director
Director
Risk Management
Committee
Managing Director Risk

Managing Director
Legal & Compliance
Executive Vice
President
Risk Management
Division Division
Division
Credit, Market & Liq. Operational Risk QAS

Risk Deputy Div. Head Department Department
Struktur Organisasi Manajemen Risiko Risk Management Organizational Structure

1. Komite Pemantau Risiko 1. Risk Monitoring Committee
Uraian mengenai Komite Pemantau Risiko dapat Description on the Risk Monitoring Committee
dilihat pada Bab III Kelengkapan dan Pelaksanaan can be viewed at Chapter III Structure and
Tugas Komite-Komite PT Bank JTrust Indonesia Implementation of Committee’s Duties of PT Bank
Tbk. JTrust Indonesia Tbk.
2. Komite Manajemen Risiko 2. Risk Management Committee
Uraian mengenai Komite Manajemen Risiko dapat Description on the Risk Management Committee
dilihat pada Bab III Kelengkapan dan Pelaksanaan can be viewed at Chapter III Structure and
Tugas Komite-Komite PT Bank JTrust Indonesia Implementation of Committee’s Duties of PT Bank
Tbk. JTrust Indonesia Tbk.
3. Satuan Kerja Manajemen Risiko (SKMR) 3. Risk Management Work Unit (SKMR)
SKMR berada di bawah Direktur Risiko, Legal The SKMR is under the Director of Risk, Legal &
& Kepatuhan merupakan satuan kerja yang Compliance, which is a working unit independent
independen terhadap satuan kerja bisnis/ from business/operational work units. SKMR
operasional. SKMR mempunyai fungsi has the function to identify, assess, monitor, and

mengidentifikasi, mengukur, memantau dan control risks and to minimize the potential impact
mengendalikan risiko untuk meminimalkan potensi of the various types of risks in business process.
maupun dampak dari berbagai jenis risiko yang
dihadapi di dalam kegiatan serta proses bisnis.
Struktur organisasi SKMR terdiri dari 3 (tiga) unit The SKMR organizational structure consists of 3
kerja yaitu unit kerja risiko kredit, risiko pasar & (three) work units, namely the credit risk, market
likuiditas, unit Kerja risiko operasional, dan unit risk & liquidity risk unit; operational risk unit, and
kerja QAS. QAS unit.
Tugas dan tanggung jawab SKMR meliputi: Duties and responsibilities of the SKMR include:
a. Memberikan masukan kepada Direksi dalam a. Providing input to the Board of Directors in
penyusunan, kebijakan, strategi dan kerangka the risk management preparation, policy,
manajemen risiko. strategy, and framework.
b. Mengembangkan prosedur dan alat untuk b. Developing procedures and tools for the
identifikasi, pengukuran, pemantauan dan identification, measurement, monitoring and
pengendalian risiko. control of risk.
c. Melakukan pemantauan atas strategi c. Conducting monitoring of the risk
manajemen risiko yang telah disetujui oleh management strategy, which have been
Direksi. approved by the Board of Directors.
d. Pemantauan posisi/eksposur risiko secara d. Monitoring the overall risk position/exposure
keseluruhan dan jenis risiko. and type of risk.
e. Penerapan stress testing untuk mengetahui e. Implementing stress testing to determine
dampak implementasi kebijakan dan strategi the impact of the implementation of risk
manajemen risiko. management policies and strategies.
f. Melakukan kajian risiko atas usulan produk f. Conducting risk assessment on the proposed
dan/atau aktivitas baru. new products and/or activities.
g. Melakukan review dan rekomendasi limit risiko g. Conducting a review and recommendation of
dari usulan unit kerja bisnis dan operasional. risk limits of proposals by the business and
operations work units.
h. Menyusun dan menyampaikan laporan profil h. Preparing and submitting risk profile reports
risiko kepada Komite Manajemen Risiko secara to the Risk Management Committee regularly
berkala untuk disampaikan kepada Direksi dan to be submitted to the Board of Directors and
Otoritas Jasa Keuangan (OJK). the Financial Services Authority (FSA).
i. Menyusun laporan Kewajiban Penyediaan i. Preparing reports on the Capital Adequacy
Modal Minimum (KPMM) dan Internal Capital Ratio (CAR) and the Internal Capital Adequacy
Adequacy Assessment Process (ICAAP) Assessment Process (ICAAP) regularly to be
secara berkala untuk disampaikan kepada submitted to the Board of Directors and FSA.
Direksi dan OJK.
b. Kecukupan kebijakan dan prosedur manajemen b. Sufficiency of policies, procedures, and limit
risiko serta penetapan limit risiko setting as guidelines in the implementation of
risk management
Penerapan manajemen risiko di PT Bank JTrust The implementation of risk management in
Indonesia Tbk telah dituangkan dalam beberapa PT Bank JTrust Indonesia Tbk has been prepared
kebijakan dan prosedur, antara lain Kebijakan under policies and procedures, among others such
Umum Manajemen Risiko (KUMR). KUMR sebagai a General Policy of Risk Management (KUMR).
ketentuan tertinggi dalam memberikan arahan KUMR as the highest policy to provide direction
kebijakan pengelolaan dan pengendalian risiko and control policy of risk management in order
dalam rangka mengamankan PT Bank JTrust to secure the PT Bank JTrust Indonesia Tbk in
Indonesia Tbk atas risiko yang dihadapi dalam its business activities. Limit determination is
aktivitas bisnisnya. Penetapan limit dikelola dalam managed on business activities and products and
kegiatan usaha dan produk dan telah disesuaikan adjusted the level of risk to be taken (risk appetite)
tingkat risiko yang akan diambil (risk appetite) and the limits are reviewed periodically to adjust
dan limit tersebut ditinjau secara berkala untuk to changing conditions.
menyesuaikan terhadap perubahan kondisi yang
terjadi.

c. Kecukupan proses identifikasi, pengukuran, c. Sufficiency of identification, measurement,

pemantauan, dan pengendalian risiko serta monitoring and risk control processes, as well as
sistem informasi manajemen risiko risk management information system
Proses penerapan manajemen risiko yang meliputi The process of risk management includes
identifikasi, pengukuran, pemantauan, pengelolaan the identification, assessment, monitoring,
dan pengendalian terhadap kedelapan jenis risiko management, and control of the eight risks,
yaitu risiko kredit, risiko pasar, risiko likuiditas, namely the credit risk, market risk, liquidity risk,
risiko operasional, risiko kepatuhan, risiko strategik, operational risk, compliance risk, strategic risk,
risiko hukum, dan risiko reputasi. legal risk, and reputation risk.
1) Identifikasi 1) Identification
Identifikasi risiko dilakukan mencakup seluruh Risk identification is conducted by covering
aktivitas bisnis dalam rangka menganalisis entire business activities in order to analyze
sumber dan kemungkinan timbulnya risiko the source and possible risks and their impact.
beserta dampaknya.
2) Pengukuran 2) Measurement
Pengukuran risiko dimaksudkan agar Bank Risk has the objective to enable the Bank to
mampu menghitung eksposur risiko yang calculate the risk exposure inherent in business
melekat pada kegiatan usaha, dan diperkirakan activities, and the estimated impact on capital.
dampak terhadap permodalan. One of the risk assessments is reflected in the
Salah satu pengukuran risiko tercermin dalam quarterly Risk Profile Report and Risk Control
Laporan Profil Risiko triwulanan. Self Assessment (RCSA) Reports.
3) Pemantauan 3) Monitoring
Pemantauan risiko dilakukan antara lain Risk monitoring is conducted among others
dengan cara mengevaluasi limit transaksi by evaluating the limit of treasury transactions
treasury serta efektivitas proses manajemen and the effectiveness of the risk management
risiko. process.
4) Pengendalian 4) Control
Pengendalian risiko antara lain dengan Risk control, among others, is by providing
memberikan tindak lanjut atas risiko yang follow-up on risks in high category.
bersifat high (aktivitas yang berisiko tinggi).
d. Sistem pengendalian intern yang menyeluruh d. Comprehensive Internal Control System

Pengendalian internal telah dilakukan oleh Satuan Internal control has been carried out by the
Kerja Audit Intern untuk menilai pelaksanaan Internal Audit Unit to assess the implementation
proses dan sistem manajemen risiko pada aktivitas of risk management processes and systems in
fungsional yang memiliki eksposur risiko. Selain itu functional activities with risk exposure. In addition,
adanya pemisahan fungsi yang jelas antara unit there is a clear separation of functions between
kerja operasional (risk taking unit) dengan unit the operational units (risk-taking units) with units
kerja yang melaksanakan fungsi pengendalian that carry out the functions of risk management
risiko (risk management unit). (risk management unit).
Penerapan manajemen risiko di PT Bank JTrust The implementation of risk management in PT

Indonesia Tbk telah dituangkan dalam beberapa Bank JTrust Indonesia Tbk has been prepared
kebijakan dan prosedur, di antaranya Kebijakan under policies and procedures, among others such
Umum Manajemen Risiko (KUMR). KUMR sebagai a General Policy of Risk Management (KUMR).
ketentuan tertinggi dalam memberikan arahan KUMR as the highest policy to provide direction
kebijakan pengelolaan dan pengendalian risiko and control policy of risk management in order
dalam rangka mengamankan PT Bank JTrust to secure the PT Bank JTrust Indonesia Tbk in its
Indonesia Tbk atas risiko yang dihadapi dalam business activities.
aktivitas bisnisnya.
Beberapa upaya yang telah dilakukan Manajemen The following is a number of efforts carried out
dalam melakukan penerapan Manajemen Risiko, by the Management in the implementation of Risk
antara lain: Management, among others:
a. Melakukan pengkinian kebijakan, dan prosedur a. Updating the policies and procedures adapted
disesuaikan dengan regulasi yang berlaku. to the prevailing regulations.
b. Melakukan pengukuran Tingkat Kesehatan b. Assessing the Bank Soundness Level through
Bank dengan pendekatan Risk Based Bank the Risk Based Bank Rating (RBBR) approach,

Rating (RBBR), dengan menggunakan 4 using 4 assessment scopes, namely the Risk
cakupan penilaian yaitu Laporan Profil Profile Report, Good Corporate Governance
Risiko, Laporan hasil Penilaian Sendiri (Self Report, Profitability Aspect, and Capital.
Assessment) Penerapan Tata Kelola, aspek
Rentabilitas dan Permodalan. c. In an effort to improve the competence of Bank
c. Dalam upaya meningkatkan kompetensi employees in terms of Risk Management, the
pegawai Bank dalam hal Manajemen Management continuously engage employees
Risiko, Manajemen secara berkelanjutan in the Risk Management Certification, so as to
mengikutsertakan pegawai Bank dalam meet the applicable provisions.
Sertifikasi Manajemen Risiko, sehingga dapat d. Fulfillment of CAR ICAAP (Internal Capital
memenuhi ketentuan yang berlaku. Adequacy Assessment Process) in accordance
d. Pemenuhan KPMM sesuai Profil Risiko atau with the latest Regulation.
ICAAP (Internal Capital Adequacy Assessment
Process) sesuai dengan ketentuan Regulasi
terbaru.
Penilaian Profil Risiko Risk Profile Assessment

Penilaian Profil Risiko sesuai dengan Peraturan Risk Profile Assessment in accordance with the
Otoritas Jasa Keuangan Nomor 4/ POJK.3/2016 Regulation of the Financial Services Authority No. 4/
tanggal 27 Januari 2016 tentang Penilaian Tingkat POJK.3/2016 dated January 27, 2016 on the Soundness
Kesehatan Bank Umum, dan Surat Edaran Otoritas Level Assessment of Commercial Banks and Circular
Jasa Keuangan Nomor No.14/SEOJK.03/2017 tentang Letter No. 14/SEOJK.03/2017 on the Application
Penilaian Tingkat Kesehatan Bank Umum, dilakukan of Risk Management for Commercial Banks refers
terhadap risiko yang melekat (inherent risk) dan to inherent risk and the quality of risk management
kualitas penerapan manajemen risiko melalui proses through self-assessment in all of Bank’s business
self assessment pada seluruh aktivitas bisnis bank yang activities which covers the 8 (eight) risks, namely the
mencakup 8 (delapan) jenis risiko yaitu Risiko Kredit, Credit Risk, Market Risk, Liquidity Risk, Operational
Risiko Pasar, Risiko Likuiditas, Risiko Operasional, Risk, Compliance Risk, Strategic Risk, Legal Risk, and
Risiko Hukum, Risiko Reputasi, Risiko Strategik, dan Reputation Risk.
Risiko Kepatuhan.
Risiko Inheren merupakan risiko yang terkandung Inherent Risk is a risk inherent to banking business
dalam aktivitas Bank, sementara Kualitas Penerapan activities, while the Quality of Risk Management
Manajemen Risiko merupakan kemampuan Bank Implementation is the ability of the Bank to control
dalam mengendalikan risiko dalam aktivitas tersebut. risks in the activities. Both assessments are required
Kedua penilaian tersebut diperlukan untuk menentukan to establish the general risk description of the Bank,
gambaran umum risiko Bank, yang kerap disebut Profil commonly named Risk Profile. As the guidelines
Risiko. Sebagai panduan dalam mengelola kedelapan to manage the eight type of risks, PT Bank JTrust
jenis risiko tersebut, PT Bank JTrust Indonesia Tbk Indonesia Tbk has the General Policy of Risk
memiliki Kebijakan Umum Manajemen Risiko (KUMR) Management (KUMR), which is continuously updated/
yang senantiasa diperbarui/disesuaikan secara adapted in accordance with the prevailing regulations.
periodik sesuai ketentuan yang berlaku.
Untuk dapat mengidentifikasi, mengukur, memantau In order to identify, measure, monitor, and control all
dan mengendalikan seluruh jenis risiko yang melekat types of the Bank’s attached risks (Inherent Risk),
(Inherent Risk) pada Bank, maka diperlukan bentuk the management organizational structure that is in
struktur organisasi pengelolaan yang sesuai dengan accordance with the size, complexity, and the ability
ukuran, kompleksitas, kemampuan Bank serta tujuan of the Bank, as well as the objectives and policies of
dan kebijakan PT Bank JTrust Indonesia Tbk melalui PT Bank JTrust Indonesia Tbk is required through the
penyusunan Laporan Profil Risiko secara triwulanan preparation of the quarterly Consolidated Risk Profile
oleh Satuan Kerja Manajemen Risiko sesuai dengan by the Risk Management Unit in accordance with the
ketentuan Otoritas Jasa Keuangan. provisions of Bank Indonesia.
Berikut ini hasil pengukuran atas Profil Risiko PT Bank The following is the assessment result on the Risk
JTrust Indonesia Tbk berdasarkan Risiko Inheren Profile of PT Bank JTrust Indonesia Tbk based on
dan Kualitas Penerapan Manajemen Risiko periode Inherent Risk and the Quality of Risk Management
triwulan IV Desember 2018 dibandingkan dengan Implementation in the 4th Quarter in December 2018,
periode triwulan III September 2018: compared to the 3rd Quarter in September 2018:

Desember 2018 September 2018

December 2018 September 2018
Profil Risiko Peringkat Peringkat Kualitas Peringkat Peringkat Peringkat Kualitas Peringkat
Risk Profile Risiko Inheren Manajemen Risiko Tingkat Risiko Risiko Inheren Manajemen Risiko Tingkat Risiko
Inherent Risk Risk Management Risk Level Inherent Risk Risk Management Risk Level
Rating Quality Rating Rating Rating Quality Rating Rating
Risiko Kredit Moderate To Marginal 4 Low To Fair 2
Credit Risk High Moderate
Risiko Pasar Low To Satisfactory 2 Low To Satisfactory 2
Market Risk Moderate Moderate
Risiko Likuiditas Low To Satisfactory 2 Low To Satisfactory 2
Liquidity Risk Moderate Moderate
Risiko Operasional Moderate Fair 3 Low To Satisfactory 2
Operational Risk Moderate
Risiko Hukum Moderate To Fair 3 Moderate To Satisfactory 3
Legal Risk High High
Risiko Strategik Moderate Fair 3 Low To Satisfactory 2
Strategic Risk Moderate
Risiko Kepatuhan Moderate Fair 3 Moderate Fair 3
Compliance Risk
Risiko Reputasi Low To Satisfactory 2 Low To Satisfactory 2
Reputation Risk Moderate Moderate
Peringkat Komposit Moderate Fair 3 Low To Satisfactory 2
Composite Rating Moderate
Dengan melihat peringkat komposit risiko inheren Referring to the inherent risk rating, which is in
berada pada posisi Moderate dan Kualitas Penerapan the position of Moderate and the Quality of Risk
Manajemen Risiko pada posisi Fair, maka peringkat Management in the Fair position, then the Risk Profile
Profil Risiko per Desember 2018 adalah peringkat as of December 2018 is in the Rank 3 (three) which has
3 (tiga) yang mempunyai trend risiko menurun a risk trend of declining compared to the September
dibandingkan peringkat periode September 2018. 2018 ranking.
Rincian penilaian dari kedelapan Risiko Triwulan IV Details of the assessment of the eight Risks for Quarter
Tahun 2018 adalah sebagai berikut: IV of 2018 are as follows:
1. Risiko Kredit 1. Credit Risk
Peringkat komposit Risiko Kredit adalah Moderate The Credit Risk composite rank was Moderate to
to High (4) di triwulan IV tahun 2018 dengan trend High in the fourth quarter of 2018 with increasing
meningkat dibandingkan triwulan III tahun 2018, trend compared to the third quarter of 2018; the
penjelasan mengenai meningkatnya peringkat explanation on the increase in credit risk rank is:
risiko kredit ini adalah:
a. Memburuknya kualitas kredit (kredit kualitas a. Declining loan quality (low loan quality and
rendah dan NPL) di triwulan III dan IV 2018 NPL) in the third and fourth quarter of 2018
bila dibandingkan triwulan II tahun 2018, dan compared to the second quarter of 2018, and
pengendalian atau mitigasi risiko kredit dinilai credit risk mitigation and control are seen
belum memadai untuk menekan potensi inadequate to curb credit risk loss potential.
kerugian risiko kredit.
b. Di akhir bulan Desember 2018 Bank telah b. At the end of December 2018 the Bank has
melakukan strategi penjualan kredit made non performing loan sales strategy
bermasalah melalui skema asuransi dengan through insurance scheme with PT Asuransi
PT Asuransi Sinar Mas sebesar Rp1.047 miliar Sinar Mas of Rp1,047 billion to gain Gross
sehingga diperoleh angka rasio NPL Gross dan NPL and Net NPL ratio of 4.26% and 3.12%
NPL Nett masing-masing sebesar 4,26% dan respectively.
3,12%.
c. Kualitas Penerapan Manajemen Risiko (KPMR) c. Risk Management Implementation Quality is
dinilai belum memadai, namun Bank telah seen inadequate, but the Bank has made some
melakukan beberapa perbaikan sebagai improvements as follows:
berikut:
1) Perbaikan tata kelola (GCG) kredit 1. The improvement of credit GCG covers:
meliputi:

• Meningkatkan kompetensi SDM • Increasing HR competence by
dengan memperkuat standarisasi strengthening HR acceptance
penerimaan SDM dan evaluasi SDM standard and evaluation of HR on
bidang perkreditan, credit,
• Meningkatkan disiplin proses • Increasing credit process discipline
perkreditan dengan perkuatan control by strengthening control(risk,
(risk, kepatuhan dan governance) compliance, and governance)
dari RATEK dan keputusan kredit, from RATEK and credit decision,
monitoring kualitas kredit melalui monitoring loan quality through KKR
forum KKR, menyusun Tools KKR forum, setting KKR Tooles (early loan
(identifikasi awal kredit bermasalah/ problem identification, loan problem
early loan problem identification, loan mitigation process), and discipline
problem mitigation progress), dan improvement from Loan Maintenance
perbaikan disiplin dari kontrol Loan (post disbursement control)
Maintenance (post disbursement
control)
• Meningkatkan disiplin dalam • Increasing organization discipline
organisasi dengan penetapan with clear and transparent setting
yang jelas dan transparan terkait related to organization, Key
organisasi, Key Performance Indicator Performance Indicator of individuals
(KPI) individu sehingga produktivitas to ensure productivity and quality,
dan kualitas dapat terjaga, penajaman sharpen performance evaluation
tools evaluasi kinerja, penyampaian tools, submission of working unit
kinerja unit kerja terkait perkreditan performance related to credit
secara periodik kepada Direksi regularly to the Board of Directors
(pertanggungjawaban pencapaian (responsibility of performance
kinerja, SDM, dan penegakan sanksi & achievement, HR, and sanction and
disiplin). discipline).
2) Pelaksanaan kaji ulang dan penetapan 2. Review and setting of credit provision,
provisi kredit, biaya administrasi kredit, credit administration fees, and penalties
dan denda untuk seluruh Debitur J Trust to all J Trust Bank debtors.
Bank.
3) Pelaksanaan monitoring kredit dengan 3. Monitoring credit by watching and
melakukan pemantauan dan pengawasan supervising Debtors who potentially have
Debitur yang berpotensi masalah atau problems or been exposed to problems
telah terekspos masalah sehingga so Bank can do early warning signal of
Bank dapat mengetahui secara dini problems faced by the Debtors which may
(early warning signal) permasalahan cause Debtors not to pay to the Bank.
yang dihadapi Debitur yang berpotensi
menyebabkan Debitur tidak dapat
memenuhi kewajibannya kepada Bank.
4) Pembentukan Unit Kerja Khusus (Team 4. Forming of Team Task Force Loan
Task Force) Loan Monitoring yang akan Monitoring which will monitor and set
melakukan monitoring dan menyusun action plan of low loan quality
action plan penanganan kredit kualitas
rendah.
5) Pelaksanaan kaji ulang dan pengkinian 5. Review and update of Credit Facility
Formulir Memo Pembukuan Fasilitas Bookkeeping Memo Form so that the
Kredit (MPFK) sehingga Bank dapat Bank can know facility history owned by
mengetahui historikal fasilitas yang Debtors.
dimiliki oleh Debitur.
2. Risiko Pasar 2. Market Risk

Risiko Inheren untuk Risiko Pasar berada pada Inherent Risk for Market Risk in Low to Moderate
posisi Low to Moderate (2), tidak berubah dari (2) position, unchanged from September 2018,
posisi September 2018, dengan beberapa langkah with several market risk management steps as
pengelolaan risiko pasar adalah sebagai berikut: follows:

a. Melakukan perbaikan terhadap struktur a. Making improvement to the structure of

komposisi aktiva produktif dan non productive and non-productive assets
produktifnya agar lebih menguntungkan composition to benefit the Bank’s position.
posisi Bank.
b. Mengupayakan pengelolaan struktur kewajiban b. Striving to manage the Bank’s liability
bank (liabilities) dalam meningkatkan sumber structure by improving the long-term source
pendanaan jangka panjang, dengan jalan of fund by way of offering attractive and
memberikan suku bunga yang menarik dan competitive interest rates on the three months
kompetitif pada deposito tiga bulan hingga to one year term deposits.
satu tahun.
c. Meningkatkan Dana Pihak Ketiga (DPK) c. Increasing the long term Third Party Fund
dengan jangka waktu panjang. (DPK).
d. Menerapkan floating rate pada pemberian d. Applying floating rate on certain types of
kredit jenis tertentu, sehingga risiko penurunan loans, so that the risk of a decline in interest
suku bunga tidak membebani Bank dan rates does not burden the Bank and vice versa
sebaliknya juga tidak akan membebani debitur will not burden the debtor if interest rates rise.
jika suku bunga meningkat.
e. Memonitor perkembangan harga pasar e. Monitoring the development of market pricing
(market pricing) sekaligus memperkokoh and at the same time strengthening the
kebijakan pricing aktiva maupun pasiva pricing policy of assets and liabilities through
melalui forum rapat Assets Liability Committee the Asset Liability Committee (ALCO) forum
(ALCO) dengan membahas beberapa meeting to discuss various key formulations,
perhitungan penting seperti cost of money, such as cost of money, base lending rate and
base lending rate dan perhitungan lainnya. other calculations. Thus, any problems that
Dengan demikian, setiap permasalahan occur in the Bank, particularly with regard to
yang terjadi di dalam Bank khususnya yang interest rate risk can be anticipated as early as
berkaitan dengan risiko suku bunga dapat possible.
diantisipasi sedini mungkin.
f. Melakukan monitoring atas likuiditas, aktivitas f. Monitoring liquidity, activities and risk limits
dan risk limit Divisi Treasury & Capital Markets of the Treasury & Capital Markets Division on
secara harian dan melaporkannya kepada a daily basis and reporting to the Board of
Direksi. Directors.
3. Risiko Likuiditas 3. Liquidity Risk

Peringkat komposit Risiko Likuiditas adalah Low The composite rating of Liquidity Risk is Low To
To Moderate (2) adalah sama dengan periode Moderate (2) is the same as the previous period
sebelumnya di triwulan III tahun 2018 dengan salah in the third quarter of 2018 with one indicator of
satu indikator rasio LCR per triwulan IV tahun 2018 the LCR ratio per quarter IV of 2018 amounting
sebesar 126.02% (di atas batas minimal ketentuan to 126.02% (above the minimum limit of OJK
OJK sebesar 100%) dan akses pendanaan dari provisions of 100%) and access to funding from
Interbank Call Money cukup memadai untuk Interbank Call Money is sufficient to cover short-
meng-cover kebutuhan pendanaan bank jangka term bank funding needs.
pendek.
Beberapa strategi dan pengelolaan risiko likuiditas Some strategies and management of liquidity risk
a. Melakukan portofolio investasi ke arah a. Setting investment portfolio toward more
investasi yang lebih likuid. liquid investments.
b. Menurunkan konsentrasi deposan inti b. Lowering concentration of core depositors
dan mengganti dengan dana retail and replacing it with a more sustainable retail
sehingga menjadi lebih sustainable funding.
(berkesinambungan).
c. Mendorong bertumbuhnya jumlah investasi c. Encouraging growth of number of low cost
dana-dana murah atau nasabah kategori low investment funds or customer funds in low
cost fund. cost category.
d. Meningkatkan efektivitas pengelolaan gap d. Improving the effectiveness of managing
likuiditas (maturity gap, proyeksi cash flow) liquidity gap (maturity gap, projected cash
untuk mengantisipasi risiko likuiditas sedini flow) in anticipating liquidity risk early.
mungkin.

e. Meningkatkan kerja sama dengan Bank Lain e. Increasing cooperation with other banks for
agar dapat memanfaatkan fasilitas Call Money securing Call Money and Securities Repo
maupun Repo Surat Berharga intern bank. internal bank facilities.
Bank berupaya meningkatkan efektivitas The Bank seeks to increase the effectiveness of
pengelolaan gap likuiditas (maturity gap dan managing liquidity gap (maturity gap and cash
proyeksi arus kas) untuk mengantisipasi risiko flow projections) in anticipating liquidity risk early,
likuiditas sedini mungkin, dan juga mengendalikan and also controlling the liquidity risk, especially
risiko likuiditas khususnya pada saat kondisi stress. under stress conditions.
Bank juga telah menyusun Contingency The Bank has also prepared a Contingency
Funding Plan, selain juga senantiasa memelihara Funding Plan, as well as its ability to continue
kemampuannya dalam melakukan akses ke maintain access to the money market by continue
pasar uang dengan terus membina hubungan building relationships with correspondent banks.
dengan bank koresponden. Untuk mendeteksi To detect liquidity risk, The Bank has maintained
risiko likuiditas, Bank telah mempunyai Standard a LCP (Liquidity Contingency Plan) Standard
Operation Procedure LCP (Liquidity Contingency Operation Procedure and monitoring of daily
Plan), dan melakukan pemantauan likuiditas liquidity, to be reported to the Board of Directors.
secara harian untuk dilaporkan kepada Direksi.
4. Risiko Operasional 4. Operational Risk

Peringkat komposit Risiko Operasional adalah The composite rating of Operational Risk is
Moderate (3) dengan trend tetap dibandingkan Moderate (3) with a fixed trend compared to
periode triwulan sebelumnya, dan beberapa the previous quarter, and several operational risk
langkah pengelolaan risiko operasional adalah management steps are as follows:
sebagai berikut:
a. Bank telah membentuk Quality Assurance a. The Bank has formed Quality Assurance (QA)
(QA) di bawah Risk Management Division under the Risk Management Division as a
sebagai second line of defence. Fungsi dari second line of defence. The QA function is to
QA adalah memastikan bahwa unit kerja ensure that working units in branches have
di cabang telah melaksanakan transaksi run operational transactions according to
operasional sesuai dengan ketentuan internal existing internal provisions, and make review
yang berlaku, serta melakukan review & & improve internal provisions.
menyempurnakan ketentuan internal.
b. Untuk melakukan identifikasi kejadian risiko b. To identify the risk occurrences occurring in
yang terjadi di Cabang serta memiliki dampak the Branch as well as to have a loss impact, the
kerugian, maka pemantauan dilakukan monitoring is performed using the Irregulatory
menggunakan Irregulatory Risk Report. Risk Report.
c. Melakukan pencatatan atas data kerugian yaitu c. Recording of data loss is Loss Event Database
Loss Event Database dimana data tersebut where the data is used as one of the parameters
digunakan sebagai salah satu parameter in the measurement of Operational Risk
dalam pengukuran Profil Risiko Operasional. Profile.
d. Bank telah menerapkan Risk & Control d. The Bank has implemented Risk & Control Self
Self Assessment (RCSA) yang merupakan Assessment (RCSA) which is a methodology
metodologi untuk identifikasi sumber-sumber for identifying risk sources, which is used to
risiko, yang digunakan untuk mengukur tinggi measure high risk, monitor risk level trends,
rendahnya risiko, memantau trend tingkat and control and mitigate risk. Implementation
risiko, serta mengendalikan dan mitigasi of Identification through RCSA is applied to all
risiko. Pelaksanaan Identifikasi melalui RCSA work units.
diterapkan pada seluruh unit kerja.
e. Melakukan peninjauan ulang dan e. Perform regular review and refinement of
penyempurnaan atas Standard Operation Standard Operation Procedure of each work
Procedure masing-masing unit kerja secara unit.
berkala.
f. Melakukan Penetapan batas kewenangan f. Establishing limits of authority in performing
dalam melakukan transaksi operasional. operational transactions.

g. Setiap adanya produk ataupun aktivitas baru g. In any existence of new products or activities
Bank selalu dilakukan kajian risiko sesuai of the Bank is always conducted risk
dengan ketentuan dari regulator. assessment in accordance with the provisions
of the regulator.
h. Peningkatan kualitas sumber daya manusia h. Improving the quality of human resources
dengan meningkatkan frekuensi pelatihan by increasing the frequency of internal and
internal maupun eksternal di bidang external training in the fields of credit, product
perkreditan, pemasaran produk dan motivasi marketing, and work motivation.
kerja.
i. Pengelolaan risiko operasional juga dilakukan i. Operational risk management is also done by
dengan memperkuat keamanan dan keandalan strengthening the security and reliability of
teknologi informasi, sehingga kegagalan information technology, so that system failure
sistem maupun human error dapat ditekan. and human error can be suppressed.
j. Melakukan peningkatan pada IT Security j. Improving the IT Security System for all
System untuk seluruh sistem yang ada pada existing systems in The Bank.
Bank.
k. Memastikan ketersediaan Disaster Recovery k. Ensure availability of Disaster Recovery Plan
Plan (DRP) yang diuji secara berkala sebagai (DRP) that is tested periodically in anticipation
antisipasi jika terjadi gangguan IT. in case of IT interruption.
l. Meningkatkan fungsi pengawasan internal l. Improve internal control function through
melalui Divisi Audit Internal yang membawahi Internal Audit Work Unit which oversees Credit
Credit Audit Department, Head Office Audit Department, Head Office & Regional
& Regional Audit Departement, IT Audit Audit Department, IT Audit Department,
Department, dan Anti Fraud sebagai upaya and Anti Fraud Department as an effort to
memperkuat sistem pengendalian intern. strengthen the internal control system.
m. Bank telah memiliki Business Continuity Plan m. The Bank has a Business Continuity Plan
(BCP) dimaksudkan untuk minimalisasi risiko, (BCP) intended to minimize risks, address the
menangani dampak dari gangguan/bencana, impact of disruption/disaster, and accelerate
serta percepatan proses pemulihannya agar the recovery process so that operational
kegiatan operasional dan pelayanan kepada activities and services to customers can still
nasabah tetap dapat berjalan dengan baik. run well.
5. Risiko Hukum 5. Legal Risk

Peringkat komposit Risiko Hukum di peringkat The composite rank of Legal Risk was in Moderate
Moderate to High (4), dengan trend risiko menurun to High (4), with declining risk trend compared to
dibandingkan periode triwulan III tahun 2018 di the period of third quarter of 2018 in Moderate (3)
peringkat Moderate (3) yang disebabkan karena rank caused by the impact of Antaboga lawsuit in
adanya impact atas gugatan kasus Antaboga which 2 Branches in Surabaya have been executed
dimana 2 Kantor Cabang Bank di Surabaya telah to be auctioned by Surabaya District Court.
dilakukan eksekusi lelang oleh Pengadilan Negeri
Surabaya.
Bank telah melakukan tindakan-tindakan untuk The Bank has performed actions to reduce risk of
mengurangi risiko kerugian dengan melakukan losses by making such steps:
langkah-Iangkah sebagai berikut:
1. Mengajukan gugatan perlawanan (partij 1. Filing counter lawsuits (partij verzet) to the
verzet) kepada pengadilan Surabaya untuk Surabaya court to lift confiscation on Bank
mengangkat sita atas aset milik Bank. assets.
2. Berkoordinasi dengan pembeli asset Bank 2. Coordinating with the buyers of Bank assets
untuk mengajukan upaya perlawanan (darden to do counter lawsuits (darden verzet) to lift
verzet) untuk mengangkat sita atas milik Bank confiscation on Bank assets that have been
yang telah dibeli oleh pihak ketiga tersebut. bought by the third parties.
3. Bank juga telah melakukan pengiriman surat 3. The Bank also sent letters to the Surabaya
kepada pengadilan Surabaya, kantor BPN court, Surabaya’s BPN office, and Surabaya
Surabaya dan Kantor Lelang Surabaya untuk Auction Office to request for revocation of
memohon pencabutan sita dan penundaan confiscation and delay of auction.
lelang.

Rencana Bank ke depannya untuk memitigasi The Bank’s plan going forward to mitigate risks on
risiko gugatan penjualan atas aset Bank lainnya lawsuits on the sales of other Bank assets are as
adalah sebagai berikut : follows:
a) Melakukan penjualan aset kepada pihak a) Making asset sales to third parties.
ketiga.
b) Melakukan pelaporan pidana atas penggunaan b) Making criminal report on the use of false
informasi palsu pada persidangan sebelumnya. information in the previous court hearings.
Saat ini sedang dalam proses pemanggilan Currently witnesses related to the cases are
saksi yang diduga terkait dengan perkara summoned to the East Java Police.
dimaksud di Polda Jawa Timur.
c) Mengajukan upaya perlawanan lainnya. c) Submitting other counter efforts.
Pengelolaan Risiko Hukum dilakukan antara lain: The management of the Legal Risk is conducted
a. Melakukan peninjauan kembali (review) atas by, among others:
dokumen hukum, perjanjian maupun kontrak- a. Re-evaluating legal documents, agreements,
kontrak dengan pihak ketiga. or contracts with third parties.
b. Inventarisasi atas kasus-kasus hukum yang b. Inventorying of legal cases including
terjadi termasuk didalamnya memantau monitoring the progress of each legal case. The
perkembangan dari setiap kasus hukum handling of legal cases is based on a priority
yang ada. Penanganan kasus hukum disusun scale and all developments are well monitored
berdasarkan skala prioritas dan seluruh and are always reported to Management for
perkembangannya terpantau dengan baik dan follow-up through a solution containing the
selalu dilaporkan kepada Manajemen untuk least potential legal risk.
ditindaklanjuti melalui penyelesaian yang
mengandung potensi risiko hukum paling
sedikit.
c. Fungsi Corporate Legal & Compliance c. The function of Corporate Legal & Litigation
Division yang memiliki peranan penting Division which has an important role in
dalam memberikan analisa/review dari sudut providing analysis/review from legal point
pandang legal terkait dengan produk atau of view related to new product or activity
aktivitas baru Bank, memberikan masukan dari of Bank, giving legal input due to regulation
sisi hukum akibat adanya perubahan regulasi, change, reviewing agreements made between
melakukan review atas perjanjian-perjanjian Bank and third party, while also addressing
yang dibuat antara Bank dengan pihak ketiga, legal issues related to litigation.
selain itu juga menangani permasalahan
hukum yang terkait dengan litigasi.
6. Risiko Stratejik 6. Strategic Risk

Peringkat komposit Risiko Stratejik adalah The composite rating of Strategic Risk is Moderate
Moderate (3) dengan trend risiko menurun (3) with the declining risk trend compared to
dibandingkan periode triwulan sebelumnya the previous quarter due to the achievement of
dikarenakan adalah pencapaian dari target kinerja performance target in the fourth quarter of 2018
triwulan IV tahun 2018 dinilai Moderate dari rasio as Moderate from financial ratios namely ROA,
keuangan yaitu ROA, ROE, Rugi Tahun Berjalan ROE, Current Year Loss and CAR.
dan CAR.
Beberapa langkah yang dilakukan untuk Some of the steps taken to anticipate this risk are,
mengantisipasi risiko ini antara lain: among others:
a. Penyusunan Rencana Bisnis Bank untuk a. Preparation of the 2019-2021 period Bank
periode tahun 2019-2021 yang digunakan Business Plan to be used as the guidelines by
sebagai pedoman oleh Manajemen dan the management and employees.
karyawan.
b. Melakukan pemantauan atas kinerja keuangan b. Monitoring the financial performance by
dengan membandingkan antara realisasi comparing the achievements with the
dengan sasaran/target yang ingin dicapai established objectives/targets in the Bank’s
oleh Bank sesuai dengan Rencana Bisnis Bank Business Plan.
tersebut.

c. Planning Performance Division yang secara c. Formed the Performance Planning Division,
rutin melakukan pemantauan berkala which routinely conducts regular performance
(performance review) atas pencapaian kinerja review on the achievement of each division/
dari tiap divisi/kantor wilayah/cabang/capem regional office/branch/Sub Branch and the
dan Bank secara keseluruhan. Bank in a comprehensive manner.
d. Merevisi pengkinian atas strategi yang ingin d. Revise and update strategies in accordance
dicapai sesuai dengan perkembangan kondisi with the development of internal and external
internal maupun eksternal, sehingga akan conditions, to ensure the objectives and
menjadi realistis dengan pencapaian sasaran strategies to achieve the determined targets
Bank. remain realistic.
7. Risiko Kepatuhan 7. Compliance Risk

Peringkat komposit Risiko Kepatuhan berada di The Compliance Risk composite rating is ranked
peringkat Moderate (3) peringkat ini tetap dari Moderate (3), stayed from the previous period,
periode sebelumnya, dan Bank telah melakukan and the Bank has conducted the compliance risk
pengelolaan risiko kepatuhan antara lain: management, among others:
a. Menyempurnakan & monitoring Kebijakan a. Developing and monitoring of the Compliance
Kepatuhan dan Kebijakan Anti Pencucian Policy and the Anti-Money Laundering and
Uang dan Pencegahan Pendanaan Terorisme. Combating the Financing of Terrorism Policy.
b. Pemantauan terhadap pengkinian data b. Monitoring of customer data update and
nasabah dan penerapan single CIF serta implementing single CIF, as well as handling
penanganan rekening pasif/dormant. of the passive/dormant account.
c. Pelaksanaan Program Anti Pencucian Uang c. Implementing the Anti-Money Laundering
dan Pencegahan Pendanaan Terorisme and Combating Terrorism Financing Program
(APU dan PPT) sesuai dengan Peraturan in accordance and as mandated in Bank
Otoritas Jasa Keuangan, dan Bank secara Indonesia regulation. PT Bank JTrust Indonesia
rutin melakukan sosialisasi kepada unit-unit Tbk routinely conducts disseminations to the
terkait melalui Corporate Legal & Compliance relevant units through the Compliance & Legal
Division. Division.
d. Penyusunan Laporan Kepatuhan kepada pihak d. Preparation of the Compliance Report to
Internal maupun Eksternal. Internal as well as External parties.
e. Peningkatan fungsi kepatuhan untuk e. Improving the compliance function to perform
melakukan uji kepatuhan atas setiap regulasi, the compliance test of each regulations, both
baik ketentuan internal maupun eksternal. internally as well as external provisions.
8. Risiko Reputasi 8. Reputation Risk

Peringkat komposit Risiko Reputasi adalah Low To The Reputation Risk composite rating was Low
Moderate (2) peringkat ini sama dengan periode To Moderate (2), the same as the previous period
sebelumnya dengan pertimbangan bank dapat with the consideration that the Bank can manage
mengelola pemberitaan negatif melalui kegiatan negative news through brand image activities,
brand image, promosi produk yang diberitakan di product promotions reported in the media in
media masa dalam rangka penguatan Corporate order to strengthen Corporate Image.
Image.
Pengelolaan risiko reputasi dilakukan dengan cara: The management of the reputation risk is
conducted by the following methods:
a. Pemantauan terhadap publikasi media, yang a. Monitoring of media publications by the
bekerja sama dengan jasa pihak ketiga oleh Corporate Secretary working closely with
Corporate Secretary. third-party services.
b. Melakukan pemantauan terhadap keluhan b. Monitoring of customer complaints through
nasabah melalui Operation & Credit the Product & Networking Management
Administration Division guna menangani Division on timeliness of complaint handling,
keluhan dengan segera, serta melakukan as well as optimizing the function of Call
optimalisasi fungsi Call Center dalam Center in handling customer complaints.
penanganan keluhan nasabah.
c. Dalam upaya pelaksanaan manajemen risiko, c. In the effort of risk management
Bank secara aktif menjalankan program implementation, the Bank actively performs
Corporate Social Responsibility dan aktivitas the Corporate Social Responsibility program

sosial lainnya, public expose, membangun and other social activities, public expose,
relasi dengan media, dan gathering dengan building relationship with the media, and
nasabah. organizing customer gathering.
d. Reputasi dan dukungan pemegang saham baru d. The reputation and support from the new
secara profesional membantu manajemen shareholders in a professional manner have
dalam rangka meningkatkan reputasi dan provided and assisted the management in
kepercayaan masyarakat melalui peningkatan improving the reputation and public confidence
kinerja yang lebih baik dan program-program through performance improvement and
kerja yang berimplikasi langsung pada work programs, which directly impact the
pengelolaan risiko reputasi. management of reputation risk.
Evaluasi atas Efektivitas Sistem Manajemen Risiko Evaluation on the Effectiveness of the Risk
Management System
Tinjauan atas efektivitas penerapan Manajemen Risiko A review of the effectiveness of Risk Management
pada keempat pilar sistem manajemen risiko telah implementation on the four pillars of the risk
dilakukan secara memadai yang meliputi: management system has been adequately conducted
which includes:
a. Perumusan Tingkat Risiko a. Formulation of Risk Level
Perumusan risk appetite dan risk tolerance The formulation of risk appetite and risk tolerance
sudah memadai dan selaras dengan tujuan is adequate and in line with the strategic and
strategis dan bisnis bank yang ditetapkan dalam business objectives of the bank set out in RBB,
RBB. Parameter risk tolerance secara bankwide and RKAP. Bankwide risk tolerance parameters
didokumentasikan dalam ketentuan internal di are documented in the internal terms of Risk
Risk Appetite Statement & Risk Tolerance PT. Bank Appetite Statement & Risk Tolerance of PT Bank J
JTrust Indonesia Tbk. Trust Indonesia Tbk.
b. Kecukupan pengawasan aktif oleh Dewan b. Adequacy of active supervision by the Board of
Komisaris dan Direksi Commissioners and the Board of Directors
Kecukupan pengawasan aktif oleh Dewan The adequacy of active supervision by the Board
Komisaris dan Direksi, termasuk pelaksanaan of Commissioners and the Board of Directors,
kewenangan dan tanggung jawab Dewan including the exercise of the authority and
Komisaris dan Direksi dinilai memadai. Dewan responsibilities of the Board of Commissioners
Komisaris telah membentuk Komite Pemantau and the Board of Directors is considered adequate.
Risiko, antara lain: The Board of Commissioners has established the
Risk Monitoring Committee to, among others:
1. Mengevaluasi dan menganalisis kecukupan 1. Evaluate and analyze the adequacy of risk
kebijakan manajemen risiko secara berkala. management policies on a regular basis.
2. Mengevaluasi dan menganalisa laporan 2. Evaluate and analyze quarterly risk profile
profil risiko secara triwulanan dan Tingkat reports and Bank Rating semi-annually.
Kesehatan Bank secara semesteran.
3. Mengawasi dan mengevaluasi pelaksanaan 3. Supervise and evaluate the performance of
tugas Komite Manajemen Risiko dan Satuan the Risk Management Committee and Risk
Kerja Manajemen Risiko. Management Working Unit.
c. Alat Organisasi Manajemen Risiko c. Risk Management Organization Tool
Alat organisasi yang mendukung penerapan Organizational tools that support the
Manajemen Risiko secara efektif dinilai memadai implementation of Risk Management are
dengan wewenang dan tanggung jawab yang jelas effectively assessed with clear authority and
dalam setiap kegiatan usaha, antara lain: responsibility in every business activity, including:
1. Dalam mengelola risiko kredit ada pemisahan 1. In managing credit risk there is separation of
petugas pinjaman, antara Unit Bisnis dan Unit loan officer, between Business Unit and Credit
Credit Risk Review. Delegasi wewenang diatur Risk Review Unit. Delegation of authority is
dalam ketentuan internal tentang Komite governed in the internal provisions of the
Kredit (KK) dan Batas Wewenang Memutus Credit Committee (KK) and the Limit of
Kredit (BWMK) dan dievaluasi secara rutin Authority to Declare Credit (BWMK) and
oleh pejabat yang berwenang. regularly evaluated by authorized officials.
2. Dalam pengelolaan risiko pasar dan likuiditas, 2. In the management of market risk and liquidity,
fungsi manajemen risiko terdiri dari Divisi the risk management function consists of the
Treasury & Capital Market, Divisi Operasi & Treasury & Capital Market Division, Operations
Credit Administration dan Divisi Manajemen & Administration Credit Division, and Risk
Risiko. Management Division.

3. Dalam pengelolaan risiko operasional terdapat 3. In operational risk management there is a

pemisahan tugas dan wewenang pembuat, separation of duties and authority of maker,
pemeriksa, penandatangan (segregasi tugas examiner, signer (task segregation and
dan dual control) terhadap pelaksanaan dual control) on the implementation of all
semua kegiatan operasional di unit kerja. operational activities in the work unit.
4. Untuk mengembangkan kompetensi dalam 4. To develop competencies in Risk Management,
Manajemen Risiko, adalah wajib bagi Dewan it is mandatory for the Board of Commissioners,
Komisaris, Direksi, dan juga pejabat sampai Board of Directors, and also officials up to four
empat tingkat di bawah Direksi untuk levels under the Board of Directors to attend
mengikuti pelatihan sertifikasi Manajemen the Risk Management certification training. In
Risiko. Selain itu, refreshment kepada Sumber addition, refreshment to Human Resources is
Daya Manusia juga dilakukan secara rutin. also done routinely.
d. Sistem Informasi d. Information Systems

Dukungan sistem informasi untuk penerapan Information system support for risk management
manajemen risiko dinilai cukup memadai, antara implementation is considered sufficient, including
lain persetujuan transaksi dan delegasi wewenang transaction approval and delegation of authority
di sistem informasi Core Banking, pelaksanaan in Core Banking information system, daily
Liquidity Risk Report secara harian, pelaksanaan Liquidity Risk Report implementation, daily
Credit Daily Report secara harian, pelaksanaan Credit Daily Report implementation, Risk Control
Risk Control Self Assessment (RCSA) dalam Self Assessment (RCSA) implementation in
pengukuran risiko operasional, sistem Compliance operational risk measurement, Compliance Report
Report Monitoring (CRM) sebagai reminder ke Monitoring (CRM) system as reminder to reporting
unit kerja pelapor dan Direksi mengenai kewajiban unit regarding the obligation to submit the Report
penyampaian Laporan kepada Regulator. to the Regulator.
5.2. Penerapan Sistem Pengendalian Internal (Internal 5.2. Implementation of Internal Control System
Control System)
1. Pengendalian keuangan dan operasional, serta 1. Financial and operational controls, and
kepatuhan terhadap peraturan perundang- compliance with other laws and regulations
undangan lainnya
Untuk dapat mengelola Bank secara efektif dan efisien To be able to manage the Bank effectively and
serta sebagai dasar kegiatan operasional yang sehat efficiently and as a basis for safe and healthy
dan aman, diperlukan adanya Sistem Pengendalian operational activities, an Internal Control System is
Internal (SPI). required.
Peraturan Otoritas Jasa Keuangan Nomor 18/ Regulation from Financial Services Authority No.
POJK.03/2016 tanggal 16 Maret 2016 tentang 18/POJK.03/2016 dated March 16, 2016 concerning
Penerapan Manajemen Risiko bagi Bank Umum, Application of Risk Management for Commercial
Peraturan Otoritas Jasa Keuangan Nomor 38/ Banks, Regulation of Financial Services Authority
POJK.03/2016 tanggal 1 Desember 2016 tentang No. 38/POJK.03/2016 dated December 1, 2016
Penerapan Manajemen Risiko dalam Penggunaan regarding Risk Management Implementation in Use
Teknologi Informasi oleh Bank Umum, dan Surat Edaran of Information Technology by Commercial Bank and
Otoritas Jasa Keuangan Nomor 35/SEOJK.03/2017 Circular Letter of the Financial Services Authority
tanggal 07 Juli 2017 perihal Pedoman Standar Sistem No. 35/SEOJK.03/2017 dated July 7, 2017 concerning
Pengendalian Intern bagi Bank Umum, mewajibkan Guidelines for Standards of Internal Control System
Bank untuk menerapkan Sistem Pengendalian Intern for Commercial Bank, requires the Bank to apply the
secara efektif terhadap seluruh kegiatan usaha dan Internal Control System effectively to all business
operasional pada seluruh jenjang organisasi Bank. and operational activities at all levels of the Bank’s
organization.
Sistem Pengendalian Internal (Internal Control System) Internal Control System is a control mechanism
merupakan suatu mekanisme pengendalian yang established by the Board of Directors with the approval
ditetapkan oleh Direksi dengan persetujuan Dewan of the Board of Commissioners on an ongoing basis in
Komisaris secara berkesinambungan (on going basis) the context of achieving the company’s objectives.
dalam rangka pencapaian tujuan perusahaan.

Penerapan Sistem Pengendalian Internal secara efektif The implementation of the Internal Control System will
akan membantu Bank dalam: effectively assist the Bank in:
a. Menjaga dan mengamankan harta kekayaan Bank. a. Maintain and secure the Bank’s assets.
b. Menjamin tersedianya informasi dan laporan yang b. Ensure more accurate information and reports are
lebih akurat. available.
c. Meningkatkan kepatuhan Bank terhadap c. Improve the Bank’s compliance with prevailing
ketentuan dan peraturan perundang-undangan laws and regulations.
yang berlaku.
d. Mengurangi dampak keuangan/risiko terjadinya d. Reduce financial impact/risk of loss occurrence,
kerugian, penyimpangan termasuk kecurangan/ irregularities including fraud, and violation of
fraud, dan pelanggaran terhadap prinsip kehati- prudential principles.
hatian.
e. Meningkatkan efektivitas organisasi dan efisiensi e. Improve organizational effectiveness and cost
biaya. efficiency.
Untuk keperluan di atas PT Bank JTrust Indonesia Tbk For the above purposes PT Bank J Trust Indonesia Tbk
telah mengadopsi prinsip Pengendalian Internal has adopted the principle of Internal Control under
berdasarkan COSO Model dengan 5 (lima) komponen the COSO Model with 5 (five) components to be
yang harus dikendalikan sebagai berikut: controlled as follows:
1) Control Environment (CE) 1) Control Environment (CE)

CE adalah himpunan standar, ketentuan, proses CE is the set of standards, provisions, processes
dan struktur organisasi yang memberikan dasar and organizational structures that provide the
untuk melaksanakan SPI bagi seluruh organisasi. basis for implementing the SPI for the entire
BOD dan Manajemen melaksanakan Tone At organization. BOD and Management implement
The Top atas pentingnya SPI termasuk standar Tone At The Top for the importance of SPI
berperilaku. CE terdiri dari nilai-nilai integritas dan including standards of conduct. CE consists of
etika organisasi, parameter yang memungkinkan integrity values and organizational ethics,
BOD dan Manajemen untuk melaksanakan parameters enabling BOD and Management
pengendalian operasional perusahaan, efektivitas to implement enterprise operational controls,
struktur organisasi, tugas individu, hambatan organizational structure effectiveness, individual
kinerja, insentif, dan hukuman untuk mendorong tasks, performance barriers, incentives and
akuntabilitas kinerja, yang dihasilkan CE akan penalties to foster performance accountability,
berdampak luas pada SPI secara keseluruhan. produced by CE will have broad impact on SPI
overall.
2) Risk Assessment (RA) 2) Risk Assessment (RA)

RA melibatkan proses yang dinamis dan berulang RA involves a dynamic and repeatable process
untuk mengidentifikasi dan menilai risiko to identify and assess risks that may affect the
yang dapat mempengaruhi pencapaian tujuan achievement of company objectives, so that RA
perusahaan, sehingga RA membentuk dasar forms the basis for determining how risk will
untuk menentukan bagaimana risiko akan dikelola. be managed. RA also requires management to
RA juga mengharuskan manajemen untuk consider the impact of possible changes in the
mempertimbangkan dampak dari kemungkinan external environment and in business models that
perubahan dalam lingkungan eksternal dan dalam can make the SPI ineffective. Risk is defined as the
model bisnis yang dapat membuat SPI tidak possibility that an event will occur and will affect
efektif. Risiko didefinisikan sebagai kemungkinan the achievement of company goals.
bahwa suatu peristiwa akan terjadi dan akan
mempengaruhi pencapaian tujuan perusahaan.
3) Information Communication (IC) 3) Information Communication (IC)

IC diperlukan perusahaan untuk Pelaksanaan SPI IC is required by the Company for Implementation
dalam rangka mendukung pencapaian tujuan of SPI in order to support the achievement
perusahaan. Manajemen memperoleh atau of corporate objectives. Management obtains
menghasilkan dan menggunakan bentuk informasi or generates and uses relevant and quality
yang relevan dan berkualitas, baik sumber internal information forms, both internal and external
dan eksternal untuk mendukung komponen lain sources to support other components of the SPI.
dari SPI. Komunikasi harus dilakukan secara Communication should be done continuously, by

kontinyu, dengan cara memberikan, berbagi providing, sharing and obtaining the necessary
dan memperoleh informasi yang diperlukan. information. Internal Communication is a means by
Komunikasi Internal adalah sarana yang which information is disseminated throughout the
informasinya disebarluaskan ke seluruh organisasi, organization, flowing up, down and coworkers on
mengalir ke atas, bawah dan rekan kerja dalam the same level that allows the person to receive a
level yang sama dimana memungkinkan pribadi clear message of management vice versa. External
untuk menerima pesan yang jelas dari manajemen communication consists of two activities, which
demikian sebaliknya. Komunikasi Eksternal terdiri allow receiving relevant external information, and
dari dua aktivitas, yaitu memungkinkan menerima providing information to external parties.
informasi eksternal yang relevan, dan memberikan
informasi kepada pihak eksternal.
4) Monitoring Activities 4) Monitoring Activities

Monitoring terdiri dari Evaluasi Berkelanjutan (On Monitoring consists of Ongoing Evaluation,
going Evaluation), Evaluasi Terpisah (Separate Separate Evaluation, or a combination of both
Evaluation), atau kombinasi keduanya digunakan is used to ascertain whether each of the five
untuk memastikan apakah masing-masing dari SPI components is Present and Functioning.
lima komponen SPI, adalah Hadir (Present) dan Sustainable Evaluation is built into business
Berfungsi (Functioning). Evaluasi Berkelanjutan processes at different levels that provide
dibangun kedalam bisnis proses pada level berbeda information related to mistakes/omissions at
yang memberikan informasi terkait dengan the first opportunity. Separate Evaluations
kesalahan/kelalaian pada kesempatan pertama. conducted periodically will vary in scope and
Evaluasi Terpisah dilakukan secara periodik akan frequency depending on the outcome of the risk
bervariasi pada lingkup dan frekuensi tergantung assessment, the effectiveness of the Sustainable
kepada hasil risk assessment, efektivitas dari Evaluation and other management considerations.
Evaluasi Berkelanjutan dan pertimbangan lain Findings from Evaluation results are recorded and
manajemen. Temuan dari hasil Evaluasi dicatat communicated to the Management.
dan dikomunikasikan kepada Manajemen.
5) Control Activities (CA) 5) Control Activities (CA)

CA adalah arahan manajemen yang ditetapkan CA is the direction of management established
melalui Kebijakan dan Prosedur untuk through Policies and Procedures to reduce risks
mengurangi risiko terhadap pencapaian tujuan to the achievement of corporate objectives. CA is
perusahaaan. CA dilakukan di semua tingkat conducted at all levels of the organization, at various
organisasi, pada berbagai tahap dalam proses stages in business processes, and all Information
bisnis, dan semua Informasi Teknologi (IT). CA Technology (IT). CA can be either manual or
dapat berupa control preventive atau detective automatic detective or detective control such as
yang sifatnya dapat dilakukan secara manual dan authorization, approval, verification, reconciliation,
otomatis seperti otorisasi, persetujuan, verifikasi, and business performance reports. Segregation
rekonsiliasi, dan laporan kinerja bisnis. Pemisahan of Duties can be used as development and
Tugas (Segregation of Duties) dapat digunakan development of CA. When the Task Segregation
sebagai pembangunan dan pengembangan CA. is unworkable, management must select and
Ketika Pemisahan Tugas tidak dapat dijalankan, develop alternative control activities.
manajemen harus memilih dan mengembangkan
kegiatan pengendalian alternatif.
Masing-masing komponen terkait satu sama lain, Each component is related to each other, must
harus dikendalikan secara terpadu (integrated) dan be controlled in an integrated manner and its
tanggung jawab implementasinya menjadi tanggung implementation responsibilities are the responsibility
jawab semua unit kerja dengan tujuan penerapannya of all work units with the aim of implementing as
1. Strategic, Rencana Bisnis Bank telah dimengerti, 1. Strategy, the Bank Business Plan has been
sejalan dan didukung oleh semua unit kerja. understood, in line and supported by all work
units.
2. Operation, berjalan dengan efektif dan efisien 2. Operation, running effectively and efficiently in
dalam menggunakan sumber daya manusia dan the use of human resources and infrastructure.
prasarana.

3. Reporting, akurat dan dapat dipercaya. 3. Reporting, accurate and reliable.
4. Compliance, aktivitas dan transaksi telah tunduk 4. Compliance, activities and transactions are subject
dengan ketentuan serta hukum. to terms and laws.
2. Tinjauan atas Efektivitas Sistem Pengendalian 2. Overview of the Effectiveness of Internal Control
Internal Systems
Selama tahun 2018 rata-rata Audit Rating secara bank During the year 2018 the average Audit Rating
wide sebagai berikut: bankwide as follows:
Audit Rating Penjelasan
No Risk Owner
2017 2018 Rating Explanation
1 Cabang 75,37 75,20 SATISFACTORY SPI pada Cabang sudah cukup baik, walaupun masih diperlukan
Branch peningkatan dan penyempurnaan/ corrective action terhadap
penerapan SOP, Sistem dan SDM.
SPI of Branches has been implemented quite well, but still need
improvement/corrective action to the SOP, Systems and Human
Resources.
2 Divisi Kantor Pusat 76,49 78,82 SATISFACTORY SPI sudah berjalan cukup baik, namun masih perlu penyempurnaan
(Non Kredit) terbatas pada SOP dan Kepatuhan SDM dalam penyelenggaraan
Head Office operasional.
Division SPI has been implemented quite well, but still need limited
(Non Credit) improvement to the SOP and human resources compliance in the
administration of operations.
3 Divisi Kredit 73,24 70,13 FAIR SPI pada semua unit Kredit masih terdapat kelemahan di komponen
Credit Division SPI (5 Komponen) dan harus dilakukan penyempurnaan/corrective
action terhadap SOP, Sistem dan SDM.
SPI of all units of Credit. There were many weaknesses in the
various components of SPI (5 Components) and corrective action
should be performed to the SOP, Systems and Human Resources.
Secara umum selama tahun 2018 sudah terjadi In general, during 2018, there has been an increase
peningkatan terhadap proses sistem pengendalian in the internal control system process, but in some
intern, namun dalam beberapa hal masih diperlukan cases there is still a need for improvements such as
peningkatan kembali seperti penyesuaian SOP SOP adjustment in line with business development
sejalan dengan perkembangan bisnis dan proses and operational process processes, process discipline
aktivitas operasional, disiplin proses dan peningkatan and competency enhancement of existing human
kompetensi dari SDM yang ada sejalan dengan adanya resources in line with the potential risks of the activity
potensi risiko dari aktivitas dan produk baru. and new products.
Upaya yang telah dilakukan untuk meningkatkan Efforts that have been made to improve the Internal
Sistem Pengendalian Internal antara lain: Control System include:
1. Melakukan reorganisasi Bank yang disesuaikan 1. Reorganize the Bank in accordance with the
dengan Rencana Bisnis Bank. Bank’s Business Plan.
2. Melakukan review dan penyesuaian kembali 2. Reviewing and re-adjusting to existing SOP.
terhadap SOP yang ada.
3. Melakukan assessment terhadap pejabat 3. Perform assessment of officials and employees,
maupun karyawan, yang ditindak lanjuti dengan followed up with training and certification training.
pembekalan training dan sertifikasi.
4. Menerapkan reward & punishment secara fair. 4. Apply reward & punishment fairly.
5. Melakukan sosialisasi secara berkesinambungan 5. Conducting continuing socialization of the
terhadap corporate value J Trust Bank melalui corporate value of J Trust Bank through cultural
rapat budaya (morning briefing). meetings (morning briefing).

BAB VI PENYEDIAAN DANA, RENCANA STRATEGIS BANK, TRANSPARANSI

DAN PENGUNGKAPAN ASPEK LAINNYA
CHAPTER VI Provision of Funds, Strategic Plan of the Bank, Transparency, and

the Disclosure of Other Aspects
A. Penyediaan Dana Kepada Pihak Terkait (Related A. Provision of Funds to Related Party and Large
Party) dan Penyediaan Dana Besar (Large Exposures
Exposure)
Penyediaan dana kepada pihak terkait (Related Party) The provision of funds to Related Party and core
dan debitur inti (individu atau grup) per posisi tanggal debtor/group position as of December 31, 2018 in the
31 Desember 2018, dengan tabel sebagai berikut: following table:
Jumlah | Total
Penyediaan Dana
No. Nominal
Provision of Fund Debitur | Debtor
(jutaan | million Rupiah)
1. Kepada Pihak Terkait | To Related Party *) 21 143.313
2. Kepada Debitur Inti | To Key Debtors: 25 3.250.481
- Individu | Individual 21 2.752.881
- Group 4 497.600
Keterangan:
*)
Jumlah Penyediaan Dana Kepada Pihak Terkait termasuk:
• Pinjaman kepada Pejabat Eksekutif Bank yang diberikan dalam rangka Kredit Karyawan PT Bank JTrust Indonesia Tbk dengan total
sebanyak 20 debitur, total pinjaman yang diberikan sebesar Rp10.613 juta.
• Pinjaman kepada PT Olympindo Multi Finance dengan outstanding per 31 Desember 2018 sebesar Rp132.700 juta.
Note:
*)
Number of funds provision to related parties include:
• Loan to the Bank’s Executive Officers which is given under employee loan PT Bank JTrust Indonesia Tbk with the total of 20 debtors,
with given loan limit as much as Rp10,613 million.
• Loans to PT Olympindo Multi Finance with an outstanding of Rp132,700 million as of December 31, 2018
Sesuai dengan Peraturan Bank Indonesia, penyediaan In accordance to Bank Indonesia Regulation, the
dana kepada pihak terkait (Related Party) dan debitur/ provision of funds to related party and key debtors/
group inti telah dilaporkan secara tertib termasuk group have been reported in an orderly manner,
Debitur yang terdapat pelampauan BMPK beserta including loans that exceed the BMPK along with
Laporan Pelaksanaan Action Plan/Rencana Tindakan Action Plan Performance Report/Solution Action Plan.
Penyelesaiannya.
Proses kredit telah melalui Rapat Teknis, atau proses The loan process has passed the Technical Meeting
seleksi dari Human Capital Division dan mendapatkan in order to mitigate various possibilities that may
persetujuan dari Direksi terutama pinjaman kepada arise prior to the provision of funds to the debtors.
Pejabat Eksekutif Bank untuk memitigasi berbagai Each decision making of fund provision is a result
kemungkinan yang timbul sebelum pemberian of joint decision in the Credit Committee Meeting
penyediaan dana kepada debitur. Dalam setiap in line with Credit Limit Decision Authority (BWMK)
pengambilan keputusan penyediaan dana telah and implementing the Four Eyes Principle where the
diputuskan bersama dalam Rapat Komite Kredit credit decision is based on the recommendation from
sesuai Batas Wewenang Memutus Kredit (BWMK) dan the related Business Unit and Credit Risk Reviewer
menerapkan Four Eyes Principle dimana keputusan with the expectation of obtaining quality credit
kredit didasarkan pada rekomendasi dari Bisnis Unit and accomplish the determined target. Particularly
terkait dan Credit Risk Reviewer yang diharapkan for Bank Indonesia provision on Maximum Credit
dapat menghasilkan kredit yang berkualitas dan dapat Disbursement Limit (BMPK), the Credit Analysis Note
mencapai target yang ditentukan. Khusus ketentuan (NAK) is always informed, based on the Memo on
Bank Indonesia tentang Batas Maksimum Pemberian Bank’s Capital, which is published each month by the
Kredit (BMPK) selalu diinformasikan dalam Nota Risk Management Work Unit.
Analisa Kredit (NAK) dengan berpedoman pada
Memo tentang jumlah Modal Bank yang dikeluarkan
setiap bulan oleh Satuan Kerja Manajemen Risiko.

Bank telah memiliki kebijakan internal mengenai The Bank already has the internal policy on monitoring
mekanisme pemantauan penyediaan dana dengan fund provision mechanism, which consider the
memperhatikan penyebaran/diversifikasi portfolio diversification of the portfolios by dividing the
dengan pembagian pengelolaan pada masing- management to each Business Unit according to its
masing Bisnis Unit berdasarkan segmentasi kredit, credit segmentation, such as Business Retail segment
yaitu segmen Retail Business yang terbagi menjadi that is divided into the SME Business, Consumer
SME Business, Consumer Business, Micro Business, Business, Micro Business, Corporate & Commercial
Corporate & Commercial Business, dan Linkage Business, and Linkage Business.
Business.
PT Bank JTrust Indonesia Tbk telah menetapkan PT Bank JTrust Indonesia Tbk has established the
kebijakan internal mengenai limit penyediaan dana internal policy on fund provision limit in accordance
sesuai dengan Peraturan Bank Indonesia No.7/3/ with Bank Indonesia Regulation No. 7/3/PBI/2005
PBI/2005 tanggal 20 Januari 2005 serta perubahannya dated January 20, 2005 as well as amendment
dengan Peraturan Bank Indonesia No.8/13/PBI/2006 to Bank Indonesia Regulation No. 8/13/PBI/2006
tanggal 5 Oktober 2006 tentang Batas Maksimum dated October 5, 2006 on Maximum Limit of Credit
Pemberian Kredit, dan berdasarkan Memorandum Disbursement, and based on the Memorandum of
Prosedur No.31.12/M.Dir-MRD/JTRUST/VIII/2015 tanggal Procedure No. 31.12/M.Dir-MRD/JTRUST/VIII/2015
31 Agustus 2015 Perihal Batas Maksimum Pemberian dated August 31, 2015 on Maximum Limit of Credit
Kredit (BMPK) dan Pengelolaan Debitur Group, yang Disbursement (BMPK) and the Management of Debtor
menegaskan kembali bahwa ketentuan BMPK dan Group, which re-emphasize that BMPK provision and
InHouse Limit BMPK terbagi menjadi: In-house Limit BMPK is divided into:
a. Untuk 1 (satu) Peminjam secara individu dan a. For 1 (one) Individual Borrower and is a Non
merupakan pihak tidak terkait 80% x (20% x Modal Related Party 80% x (20% x Bank capital).
Bank).
b. Untuk 1 (satu) Kelompok Peminjam: 80% x (25% x b. For 1 (one) Borrower Group: 80% x (25% x Bank
Modal Bank). capital).
c. Untuk Badan Usaha Milik Negara (BUMN) untuk c. For State Owned Enterprises (SOEs) for
tujuan Pembangunan: 80% x (30% x Modal Bank). Development purposes: 80% x (30% x Bank
capital)
d. Untuk Pihak Terkait: 80% x (10% x Modal Bank). d. For the Related Party: 80% x (10% x Bank capital).
Penyediaan Dana kepada Pihak Terkait dipertegas Fund provision to Related Parties is re-emphasized
kembali melalui Memorandum Prosedur No.31.13/M. through the Memorandum of Procedure No. 31.13/M.
Dir-MRD/JTRUST/VIII/2015 tanggal 31 Agustus 2015 Dir-MRD/JTRUST/VIII/2015 dated August 31, 2015 on
Perihal Penyediaan Dana Kepada Pihak Terkait. the Provision of Funds to Related Parties.
B. Rencana Strategis Bank B. Bank’s Strategic Plan

Bank pada tahun 2017 menetapkan rencana strategis In 2017, the Bank established the Bank’s strategic plan
Bank untuk rencana jangka panjang (corporate plan) for the long term plan (corporate plan) and medium
dan rencana jangka menengah dan pendek (business and short term plan (business plan), which was later
plan) yang kemudian dikoreksi pada bulan Oktober corrected in October 2018, as listed in the table below:
2018 seperti tercantum dalam tabel di bawah ini:
Jangka Jangka Jangka
Pendek Menengah Panjang
Aktivitas Short-Term Medium-Term Long-Term
Activities
1 Tahun 3 Tahun 10 Tahun
1 Year 3 Year 10 Year
Total Aset Rp 17,59 T | Total Assets Rp 17,59 T √
Total Loan Rp 11,03 T √
Volume DPK Rp 13,71 T | Third Party Fund Rp 13,71 T √
Rugi sebelum pajak Rp 941,17 M | Loss before tax Rp 941,17 M √
Rasio NIM 2.33% | NIM Ratio 2.33% √
Rasio LDR 80.45% | LDR Ratio 80.45% √
Rasio CAR 14.98% | CAR Ratio 14.98% √
NPL Gross di bawah 4.40% | NPL Gross under 4.40% √

Jangka Jangka Jangka

Pendek Menengah Panjang
Aktivitas Short-Term Medium-Term Long-Term
Activities
1 Tahun 3 Tahun 10 Tahun
1 Year 3 Year 10 Year
Memperkuat struktur permodalan | Strengthening the capital structure √
Pertumbuhan aset mencapai Rp 20,99 T | Assets Growth Rp 20,99 T √
Total Loan Rp 12,16 T √
Volume DPK Rp 16,78 T √
Third Party Fund Volume Rp 16.78 T
Pertumbuhan laba operasional > Rp 240.5 M | √
Operating profit growth > Rp240.5 M
Optimalisasi jaringan kantor | Optimalization network offices √
Penerapan GCG yang sehat | GCG Implementation √
Penghimpunan Dana dan Pengembangan produk berbasis teknologi untuk meningkatkan √
CASA menjadi 23%-24% | Fund raising and technology-based product development to
increase CASA to 23%-24%
Pertumbuhan Kredit pada segmen Business Linked (melalui JTO), SME dan Consumer | √
Credit growth in the Business Linked segment (through JTO), SME and Consumer
Peningkatan Fee Based Income | Fee Based Income Increase √
Fokus Menjadi Bank BUKU 2 Terbaik | Focus on Becoming the Best BOOK 2 Bank √
Penjelasan: Notes:
1.1. Target Jangka Pendek 1.1. Short Term Target

Target Bank jangka pendek direfleksikan dalam Bank’s short term targets are reflected in the
uraian RBB untuk 1 (satu) tahun ke depan atau RBB description for the next 1 (one) year or 2018
khusus pembahasan tahun 2018: special discussion:
a. Bank memproyeksikan volume total aset a. The bank projected total asset volume to
menjadi Rp17,59 triliun atau meningkat 2,42% Rp17.59 trillion or an increase of 2.42% from
dari posisi 31 Desember 2017 sebesar Rp17,17 December 31, 2017 of Rp17.17 trillion. The
triliun. Kenaikan pada sisi pasiva disebabkan increase in liabilities was due to the growth of
adanya pertumbuhan dana pihak ketiga third party funds amounting to Rp806 billion.
sebesar Rp806 miliar. Sedangkan pada posisi While on the asset position, the growth is in
aktiva, pertumbuhan terdapat pada surat securities of Rp739.53 billion;
berharga sebesar Rp739,53 miliar;
b. Total Loan dalam RBB 2018 diproyeksikan b. Total Loan in RBB 2018 is projected to decline
turun sebesar -3,82% dari 31 Desember by -3.82% from December 31, 2017 of Rp11.47
2017 sebesar Rp11,47 triliun menjadi sebesar trillion to Rp11.03 trillion. There is an assumption
Rp11,03 triliun. Adanya asumsi penurunan of a decline in credit quality in 2018, where PT
kualitas kredit pada tahun 2018, dimana Bank JTrust Indonesia, Tbk implemented an
atas kredit kualitas rendah PT Bank JTrust “exit” policy on low quality loans or a decrease
Indonesia,Tbk menerapkan kebijakan “exit” in outstanding to commercial, corporate and
atau penurunan outstanding kepada kredit multi-finance credit. The Bank continued to
komersial, corporate dan multifinance. Bank improve its composite risk profile so that the
tetap berupaya memperbaiki profil risiko minimum CAR requirements can be lower,
komposit sehingga persyaratan minimal and bank capital can be used to continuously
CAR dapat lebih rendah, dan permodalan expand business in the future without leaving
bank dapat dipergunakan untuk melakukan the principle of prudential banking.
ekspansi bisnis ke depan secara terus
berkesinambungan tanpa meninggalkan
prinsip prudential banking atau kehati-hatian.
c. Total simpanan Dana Pihak Ketiga (DPK) c. Total Third Party Funds (TPF) deposits is
diproyeksikan meningkat sebesar Rp13,71 projected to increase Rp13.71 trillion, or 6.2%
triliun, atau meningkat 6,2% dari posisi 31 from December 31, 2017 of Rp12.90 trillion with
Desember 2017 sebesar Rp12,90 triliun dengan composition of CASA of 13.19% in December

komposisi CASA 13,19% pada Desember 2017 2017; and projected to be 13.20% in December
dan diproyeksikan menjadi 13,20% pada 2018;
Desember 2018;
d. Target laba sebelum pajak tahun 2018 d. The target of profit before tax in 2018 is
diproyeksikan rugi sebesar Rp941,17 miliar projected at a loss of Rp(941.17) billion,
mengalami penurunan yang significant bila a significant decrease from the profit of
dibandingkan posisi laba sebesar Rp 121,53 Rp121.53 billion as of December 31, 2017 as a
miliar pada 31 Desember 2017 sebagai akibat result of the formation of loan provisions for
pembentukan CKPN Kredit atas kredit kualitas increasing low quality credit and several legal
rendah yang meningkat dan beberapa kasus cases during 2018.
legal selama tahun 2018.
e. Pengembangan dan pertumbuhan CASA e. CASA development and growth through
melalui inovasi produk berbasis teknologi technology-based product innovation such
seperti pengembangan internet & mobile as internet & mobile banking development is
banking diharapkan dapat membantu expected to help achieve COF which in turn
pencapaian COF yang pada akhirnya dapat can increase the NIM to 2.33%;
meningkatkan NIM menjadi 2,33%.
f. Rasio LDR diproyeksikan dalam RBB 2018 f. The ratio of LDR was projected in RBB 2018 to
turun menjadi 80,45% dari sebelumnya 88,87% decrease to 80.45% from 88.87% previously in
sejalan dengan penurunan outstanding kredit. line with the decrease in outstanding credit;
g. Kecukupan Modal Minimum tahun 2018 g. The Minimum Capital Adequacy in 2018 is
diproyeksikan 14,98% untuk memberi ruang projected at 14.98% to provide loan expansion
ekspansi kredit pada tahun 2019 kepada space in 2019 to JTrust Olympindo as a sister
JTrust Olympindo sebagai sister company, company, and commercial and SME credit
kredit consumer dan SME. expansion;
h. Rasio Non Performing Loan (NPL) Gross h. The gross non-performing loan (NPL) ratio at
pada 31 Desember 2017 sebesar 2,94% dan December 31, 2017 was 2.94% and projected
diproyeksikan memburuk sebesar 4,40% pada to deteriorate by 4.40% in 2018 as a result of
tahun 2018 sebagai akibat dari meningkatnya increasing low quality credit. The Management
kredit kualitas rendah pada tahun 2018. strategy is to reduce NPL loan portfolio
Strategi manajemen untuk mengurangi through NPL asset transfer in 2019 to reduce
portofolio kredit NPL melalui transfer aset Gross & Net’s NPL ratio.
NPL pada tahun 2019 guna menurunkan rasio
NPL Gross & Net.
1.2. Target Jangka Menengah 1.2. Medium Term Target

Target Jangka Menengah didefinisikan sebagai Medium term targets are defined as targets to be
sasaran yang hendak dicapai dalam kurun waktu achieved within the period of up to 3 (three) years
sampai 3 (tiga) tahun ke depan, di antaranya: ahead, including:
a. Memiliki struktur permodalan yang mampu a. Having a capital structure capable of
mendukung pertumbuhan bisnis di tengah supporting business growth in the midst
persaingan pasar yang ketat dengan prioritas of a tight competitive market with priority
mengandalkan pertumbuhan modal organik, relying on organic capital growth, in addition
disamping upaya penambahan modal to efforts to increase external capital relevant
eksternal yang relevan dengan kondisi to the Bank’s capital condition in the form of
permodalan Bank dalam bentuk Pinjaman Subordinated Loans.
Subordinasi.
b. Pertumbuhan aset yang mengutamakan b. Asset quality growth, and projected reached
kualitas, dan diproyeksikan mencapai angka Rp20.99 trillion in the end of 2020;
Rp20,99 triliun pada akhir tahun 2020.
c. Fokus pada ekspansi kredit SME dan Retail c. Focus on SME and Retail Banking credit
Banking melalui optimalisasi infrastruktur, expansion through infrastructure optimization,
pengembangan program untuk bisnis SME, program development for SME, Trade
Trade Finance & Consumer Banking, dan Finance & Consumer Banking businesses,
rekruitment Sales Force untuk bisnis Retail and recruitment of Sales Force for Retail
sehingga diharapkan pada akhir tahun 2020 businesses so that by the end of 2020 the
total loan mencapai Rp12,16 triliun. total loan will reach Rp12.16 trillion.

d. Sejalan dengan rencana ekspansi kredit d. In line with the planned credit expansion
pada tahun 2020 bank memproyeksikan in 2020, the bank projects the growth of
pertumbuhan dana pihak ketiga menjadi third party funds to reach Rp16.78 trillion,
sebesar Rp16,78 triliun, beberapa strategi several strategies will be implemented such
akan dilakukan seperti menurunkan tingkat as lowering deposit rates by launching new
suku bunga deposito dengan meluncurkan products and programs to increase low-cost
produk dan program baru untuk meningkatkan funds, such as the launch of retail Internet
dana murah, seperti peluncuran Internet Banking, Virtual Account, Mobile Banking,
Banking ritel, Virtual Account, Mobile SMS Banking, in collaboration with third
Banking, SMS Banking, bekerjasama parties for financial inclusion by launching
dengan pihak ketiga untuk inklusi keuangan products: financial education programs,
(financial inclusion) dengan meluncurkan micro saving, micro insurance, micro lending,
produk: financial education program, micro and maintaining the mass affluent segment
saving, micro insurance, micro lending, dan (Chinese community as main customers)
mempertahankan segmen mass affluent through priority services banking, so it is
(komunitas chinese sebagai nasabah utama) expected to increase the number of CIFs or
melalui layanan prioritas banking, sehingga new customers.
diharapkan dapat menambah jumlah CIF atau
nasabah baru.
e. Pencapaian positif perolehan Laba Operasional e. Positive achievement on Operating Profit
sebesar Rp240,5 miliar. Melalui perbaikan of more than Rp240.5 billion. Through
pada peningkatan pendapatan bunga surat improvements in increasing interest income on
berharga dan kredit, serta penurunan biaya securities and credit, as well as decreasing the
dana, diproyeksikan pendapatan bunga bersih cost of funds, it is projected that net interest
akan terus meningkat sampai Tahun 2020. income will continue to increase until 2020.
Beberapa kasus hukum yang harus membentuk Some legal cases that must form a reserve of
cadangan kerugian menjadi salah satu faktor losses are a factor in the occurrence of bank
timbulnya kerugian Bank, diharapkan kerugian losses in the following year and the Bank can
tersebut dapat ditekan secara maksimal grow again and return to normal profit is in
pada tahun tahun berikutnya dan Bank dapat line with the expansion target for 2019 until
kembali tumbuh serta perolehan laba kembali 2020.
normal sejalan dengan target ekspansi untuk
tahun 2019 sampai dengan tahun 2020.
f. Mengoptimalkan jaringan kantor yang ada f. Optimizing existing office networks through
melalui relokasi kantor, perubahan status, dan office relocation, status changes, and office
melakukan penutupan kantor. Dengan adanya closure. With the arrangement of strategic
pengaturan lokasi jaringan kantor yang office network locations will support business
strategis akan mendukung kinerja bisnis dan performance and increase market share in
meningkatkan market share dalam menggarap working on regional business potential in
potensi bisnis daerah selain biaya operasional addition to operational costs to be efficient
menjadi efisien dan efektif. and effective.
g. Menerapkan tata kelola perusahaan dengan g. Apply good corporate governance and
baik dan menjadikannya budaya organisasi make it an organizational culture with
dengan komitmen dan keterlibatan dari commitment and involvement of all aspects
seluruh aspek organisasi mulai dari Pemegang of the organization ranging from Controlling
Saham Pengendali, Dewan Komisaris, Direksi, Shareholders, Board of Commissioners,
dan seluruh level karyawan di Bank. Directors, and all levels of the Bank employee.
1.3. Target Jangka Panjang 1.3. Long Term Targets

Target Jangka Panjang didefinisikan sebagai Long-term targets are defined as targets to be
sasaran yang hendak dicapai dalam kurun waktu achieved within the next 10 (ten) years, including:
sampai 10 (sepuluh) tahun ke depan, di antaranya: a. Funding
a. Penghimpunan Dana/Funding Total simpanan The total deposits of DPK are targeted in
DPK ditargetkan pada tahun 2028 menjadi 2028 to be Rp52.62 trillion from Rp12.9 trillion
sebesar Rp52,62 triliun dari Rp12,9 triliun in 2017. Improvement on funding mix by
di tahun 2017. Perbaikan funding mix innovating and developing technology-based
dengan melakukan beberapa inovasi dan products to increase number of accounts. Bank
pengembangan produk yang berbasis is seeking on profiling CASA (Current Account

teknologi untuk meningkatkan jumlah & Saving Account) percentages gradually so
rekening. Bank mengupayakan profiling that the amount of CASA composition in 2028
terhadap persentase CASA (Current Account ranges from 23% - 24%.
& Saving Account) secara bertahap sehingga
jumlah komposisi CASA di tahun 2028 berkisar
antara 23% - 24%.
b. Penyaluran Loan/Kredit b. Distribution of Loan/Credit
Pada tahun 2028 Bank mentargetkan total In 2028, Bank targets total outstanding loans
outstanding kredit/loan sebesar Rp48,14 of Rp48.14 trillion, focusing on the Business
triliun dengan fokus terhadap segmen Linked segment (through JTO), SME and
Business Linked (melalui JTO), kredit SME Consumer retail loans. Preliminary studies
dan Consumer retail. Melakukan kajian awal for the development of FinTech and Mobile
untuk pengembangan Produk FinTech dan Application Products (Android Basis) as an
Mobile Application (Android Basis) sebagai alternative to Channel Customer acquisition
alternatif Channel Customer acquisition, are expected to make it easier for customers to
diharapkan akan memudahkan Customer apply for loans at J Trust Bank and expand the
untuk mengajukan pinjaman ke J Trust Bank reach of Banks with limited branch network.
dan memperluas jangkauan Bank dengan Expanding Cooperation Plans with Regional
jaringan kantor cabang yang masih terbatas. Banks in Japan that facilitate Japanese SME
Memperluas Rencana kerja sama dengan scale companies that will invest in Indonesia.
Bank Daerah di Jepang yang memfasilitasi
perusahaan Jepang skala SME yang akan
berinvestasi di Indonesia.
c. Peningkatan Fee Based Income c. Increased Fee Based Income
Alternatif perolehan pendapatan utama The main earning alternative to interest
dari pendapatan bunga seiring dengan income is in line with the increasing volume
peningkatan volume bisnis kredit yang of loan business which has a higher margin
memiliki margin lebih besar juga melalui fee through fee based income from commissions,
based income dari komisi, transaksi valas, forex transactions, and the Bank’s product and
dan fee produk dan aktivitas Bank. Fee based activity fee. Fee based income is projected in
income diproyeksikan di tahun 2028 sebesar 2028 of Rp3.0 trillion.
Rp3,0 triliun.
d. Berdasarkan Kategori BUKU (Bank Umum d. Under the BUKU Category (Commercial Bank
Kegiatan Usaha) dari Otoritas, Bank berada di of Business Activities) from the Authority, the
BUKU 2. Fokus positioning Bank dalam jangka Bank is in BOOK 2. The Bank’s positioning
panjang sampai tahun 2028, tetap berada di focus for the long term until 2028, remains
BUKU 2. Bank berupaya menjadi Bank BUKU in BOOK 2. The Bank strives to be a healthy
2 yang sehat dan kuat dengan mengutamakan and strong middle class Bank with emphasis
pertumbuhan bisnis yang berkualitas dan on quality business growth and the Bank is
Bank berkomitmen untuk mewujudkan: committed to realizing:
• Bisnis yang berkesinambungan/Business • Business Sustainability.
Sustainabillity.
• Penerapan GCG (Good Corporate • Implementation of GCG (Good Corporate
Governance). Governance).
• Permodalan dan Aktiva yang sehat. • Fair Capital and Assets.
• Comply terhadap ketentuan dan regulasi • Comply with applicable terms and
• Penguatan Corporate Branding. • Strengthening Corporate Branding.
C. Transparansi Kondisi Keuangan dan Non C. Transparency of Bank Financial and Non-
Keuangan Bank yang Belum Diungkap Dalam Financial Conditions Not Yet Revealed in Other
Laporan Lain Reports
Sebagai perusahaan terbuka, PT Bank JTrust Indonesia As a public company, PT Bank JTrust Indonesia
Tbk telah memberikan informasi secara jelas dan Tbk has provided disclosure information regarding
transparan/keterbukaan mengenai kondisi keuangan the Bank’s financial and non-financial conditions
dan non keuangan Bank kepada para stakeholders to stakeholders through the Publication of Annual
melalui Publikasi Laporan Keuangan Tahunan, Laporan Financial Statement, Quarterly Financial Statement
Keuangan Triwulanan dan Laporan lainnya yang and other Reports submitted to the regulators such

disampaikan kepada regulator seperti Bank Indonesia as Bank Indonesia (BI), Financial Services Authority
(BI), Otoritas Jasa Keuangan (OJK) dan Bursa Efek (FSA) and the Indonesian Stock Exchange (IDX) as
Indonesia (BEI) serta stakeholders lain sesuai dengan well as other stakeholders in accordance with the
ketentuan yang berlaku. applicable regulations.
Transparansi Kondisi Keuangan Transparency of Financial Condition

Publikasi Laporan Keuangan Tahunan setidaknya The publication of the Annual Financial Statement is
dimuat dalam 2 (dua) media massa/koran yang published at least in 2 (two) mass media/newspapers
berperedaran nasional di Indonesia, dan untuk Laporan with national circulation in Indonesia, and the
Keuangan Triwulanan setidaknya dimuat dalam 1 (satu) Quarterly Financial Statement is published at least in 1
media masa/koran yang berperedaran nasional di (one) mass media/newspaper with national circulation
Indonesia serta disampaikan pada media yang mudah in Indonesia and presented in an easily accessible
diakses melalui situs website www.jtrustbank.co.id. medium via the website www.jtrustbank.co.id.
Disamping mempublikasikan Laporan Keuangan In addition to publishing the Financial Statements, PT

yang dimaksud, PT Bank JTrust Indonesia Tbk juga Bank JTrust Indonesia Tbk also prepares and submits
menyusun dan menyampaikan laporan publikasi reports in form of Annual Report. The Annual Report
dalam bentuk Laporan Tahunan (Annual Report). is expected to explain the overall transparency of the
Laporan Tahunan (Annual Report) diharapkan Bank, including ownership, management, operational
dapat menjelaskan transparansi kondisi Bank secara activities, business development and performance
menyeluruh termasuk kepemilikan, kepengurusan, of the Bank to the community/public in maintaining
kegiatan operasional, perkembangan usaha dan public confidence in the Bank.
kinerja Bank kepada masyarakat luas/ publik dalam
menjaga kepercayaan masyarakat terhadap Bank.
Laporan Tahunan (Annual Report) tersebut cakupan The Annual Report contains a wide description,
isinya cukup luas, meliputi penjelasan Informasi Umum including the General Information of the company,
perusahaan, Laporan Keuangan Tahunan, Opini dari Annual Financial Statement, Opinion of Public
Kantor Akuntan Publik (KAP), transparansi terkait Accounting Firm (KAP), transparency regarding
Kelompok Usaha, transparansi laporan kepegawaian, Business Group, transparency of staffing report,
transparansi laporan keuangan sesuai ketentuan transparency of financial statements in accordance
PSAK, Eksposur dan Manajemen Risiko dan Informasi with GAAP, Exposure and Risk Management, and other
lain yang berhubungan dengan Operasional Bank. Information related with Bank Operations.
Adapun Informasi Umum meliputi: Susunan Pengurus, General Information contains: Management
Rincian Kepemilikan Saham, perkembangan usaha Composition, Details of Share Ownership, development
Bank, sasaran, strategi dan kebijakan manajemen, of the Bank’s business, objectives, strategy and
struktur organisasi, aktivitas utama, Teknologi policy management, organizational structure, major
Informasi, jaringan kantor, dan hal-hal penting yang activities, Information Technology, office networks,
diperkirakan akan terjadi di masa mendatang, jumlah and important matters that are expected to occur in
dan struktur SDM. Sedangkan Laporan Keuangan the future, the number and structure of HR. Meanwhile
Tahunan adalah laporan keuangan akhir tahun yang the Annual Financial Statement is a year-end
merupakan laporan keuangan yang telah diaudit oleh financial statement which has been audited by Public
Kantor Akuntan Publik (KAP) beserta opininya. Accounting Firm (KAP) with their opinions.
Transparansi Kondisi Non Keuangan Transparency of Non Financial Condition

Transparansi juga harus diterapkan pada informasi Transparency should also apply to information
mengenai produk-produk Bank maupun produk regarding the Bank’s products and other financial
lembaga keuangan lainnya seperti bancassurance yang institutions products such as bancassurance that
dijual melalui bank, sehingga nasabah memperoleh are sold through the bank, ensuring the customers
informasi yang jelas mengenai manfaat dan risiko are able to obtain a clear information regarding the
serta biaya-biaya yang melekat pada produk-produk benefits and risks and costs inherent in such products.
tersebut. Transparansi ini dapat berupa informasi dalam This transparency can be in the form of information in
bahasa Indonesia yang disampaikan kepada nasabah Bahasa Indonesia and conveyed to the customers in
secara lengkap dan jelas mengenai karakteristik a complete and clear manner related to the product
produk baik lisan maupun tulisan. Informasi minimal characteristics both in oral and written. Minimum
mencakup nama produk, jenis produk, manfaat dan information includes the product’s name, type, inherent
risiko yang melekat, tatacara penggunaan produk, benefits and risks, procedures to utilize the product,

biaya-biaya produk, perhitungan bunga atau bagi hasil cost of products, the calculation of interest or for the
dan margin keuntungan, jangka waktu berlakunya results and profit margins, the period of validity of
produk dan penerbit produk Bank termasuk ada products and the Bank’s product publishers including
atau tidaknya penjaminan produk. Apabila terdapat whether there is product guarantee or not. If there
perubahan karakteristik produk, Bank segera are changes in the product’s characteristics, the Bank
memberitahukan kepada nasabah. Informasi mengenai shall immediately notify the customers. Information
produk tersebut disampaikan dengan jelas, benar, dan regarding the products is conveyed clearly, truthfully,
jujur serta dengan menggunakan media yang mudah and honestly using media that is easy to read and
dibaca dan diakses oleh nasabah. Informasi mengenai accessible to customers. Information on products
produk yang ditawarkan kepada nasabah maupun offered to customers and non customers can also be
non nasabah dapat juga diakses di website www. accessed on the website www.jtrustbank.co.id. or Call
jtrustbank.co.id. atau bisa langsung menghubungi Call Center J Trust Bank at J Trust Call on 1500615, Virtual
Center J Trust Bank di J Trust Call di 1500615, Virtual Assistant/ Chatbot and Live Agent Virtual Assistant..
Assistant/ Chatbot dan Live Agent Virtual Assistant.
Bank juga secara berkesinambungan melakukan The Bank also continuously updates customer data,
pengkinian data nasabah, sehingga data pribadi yang so that personal data submitted by customers to the
disampaikan nasabah kepada Bank juga selain harus Bank is transparent and up-to-date, this is in addition
transparan juga merupakan data yang terkini, hal ini to improve the protection of customers’ privacy in
selain untuk meningkatkan perlindungan terhadap touch with the Bank as well as to minimize other risks
hak-hak pribadi nasabah dalam berhubungan dengan caused by incorrect or inaccurate customer data.
Bank dan juga untuk meminimalisir risiko lainnya yang The Bank also must request written consent from
diakibatkan ketidakbenaran atau ketidakakuratan the customers if the Bank will provide or disseminate
data nasabah. Bank juga harus meminta persetujuan personal data of Customer to another Party for
tertulis dari nasabah jika Bank akan memberikan dan commercial purposes, unless otherwise stipulated by
atau menyebarluaskan Data pribadi Nasabah kepada other laws and regulations.
Pihak lain untuk tujuan komersial, kecuali ditetapkan
lain oleh peraturan perundang-undangan lain yang
berlaku.
Transparansi juga harus dilaksanakan pada Transparency should also be performed in the
penyelesaian pengaduan nasabah yang merupakan settlement of customer complaints, which is a form
salah satu bentuk peningkatan perlindungan nasabah of increased customer protection so that the rights
sehingga hak-hak nasabah dalam bertransaksi dengan of customers in making transactions with the Bank
Bank senantiasa terjamin. Pengaduan nasabah harus are always guaranteed. Customer complaints should
segera ditindaklanjuti agar tidak menurunkan reputasi be followed up immediately to protect the Bank’s
bagi Bank dan dapat menurunkan kepercayaan reputation risk and public confidence in the banking
masyarakat terhadap lembaga perbankan. Bank institutions. The Bank has a period of 2 (two) business
memiliki waktu 2 (dua) hari kerja untuk penyelesaian days for the settlement of oral complaints and 20
pengaduan lisan dan 20 (dua puluh) hari kerja (twenty) days for written complaints.
penyelesaian pengaduan tertulis.
Bank memiliki unit dan atau fungsi khusus di bidang The Banks shall have a special unit or function for
pengaduan nasabah yang berada di Kantor Pusat customer complaints at the Head Office which
Bank yang menangani dan menyelesaikan pengaduan addresses received by Branch/Sub-Branch/Cash
nasabah yang diterima oleh Kantor Cabang/Capem/ Office or customer complaints that enter through
Kantor Kas atau pengaduan nasabah yang masuk J Trust Call 1500615, customercare@jtrustbank.co.id,
melalui J Trust Call 1500615, customercare@jtrustbank. Virtual Assistant/Chatbot and Virtual Assistant Live
co.id, Virtual Assistant/ Chatbot dan Live Agent Virtual Agent. Banks are required to publish the existence
Assistant. Bank wajib mempublikasikan keberadaan of this unit to the public. The results of the handling
unit ini kepada masyarakat. Hasil penanganan dan and settlement of the complaints must be reported on
penyelesaian pengaduan tersebut secara triwulanan a quarterly basis to the Financial Services Authority
harus dilaporkan kepada Otoritas Jasa Keuangan (FSA)/Bank Indonesia (BI). In addition to quarterly,
(OJK)/Bank Indonesia (BI). Selain secara triwulanan, it is also reported to OJK on an annual basis through
juga melaporkan kepada OJK secara tahunan melalui the website of the Education Reporting System and
website Sistem Informasi Pelaporan Edukasi dan Consumer Protection (SIPEDULI).
Perlindungan Konsumen (SIPEDULI).

Bagi stakeholder lainnya seperti pemegang saham dan For other stakeholders such as shareholders and
regulator, situs web J Trust Bank juga telah menyajikan regulators, J Trust Bank’s website also provides other
berbagai informasi kondisi non-keuangan lainnya various information on non-financial conditions such
seperti Laporan Pelaksanaan Tata Kelola (GCG), as GCG, Shareholder Structure, Company Activity
Struktur Pemegang Saham, Kegiatan Perusahaan through Press Release, Acceptance of Award, and
melalui Press Release, Penerimaan Penghargaan, dan others.
lain-lain.
D. Jumlah Penyimpangan (Internal Fraud) D. Total Internal Fraud

Penyimpangan (Internal Fraud) adalah fraud Internal Fraud is irregularity/fraud committed
yang dilakukan oleh Manajemen (anggota Direksi, by management (Member of Directors, Board of
anggota Dewan Komisaris), Pegawai Tetap, Pegawai Commissioners), permanent employees, temporary
Tidak Tetap (honorer), dan/ atau Tenaga Kerja Alih employees (honorarium), and/or Outsourcing
Daya/outsourcing terkait dengan proses kerja dan Workforce related to work process and the Bank’s
kegiatan operasional Bank yang mempengaruhi operations that affect the Bank’s financial condition
kondisi keuangan Bank secara signifikan. Maksud significantly. The meaning of significantly affecting
mempengaruhi kondisi keuangan Bank secara the Bank’s financial condition is if the impact of the
signifikan adalah jika dampak penyimpangannya > deviation > Rp100,000,000, - (one hundred million
Rp100.000.000,- (seratus juta Rupiah). Rupiah).
Selama tahun 2018 terdapat sejumlah kasus Internal Throughout 2018, there were a number of internal fraud
Fraud yang dilakukan oleh pegawai Bank (pegawai cases conducted by permanent and non-permanent
tetap, pegawai tidak tetap dan outsourcing) employees as well as outsourced employees that
yang mempengaruhi kondisi keuangan Bank affected the Bank’s financial conditions significantly,
secara signifikan atau dampak penyimpangan > or with fraud impact of more than Rp100,000,000
Rp100.000.000,- (seratus juta Rupiah). Adapun (one hundred million Rupiah). Details on the number
rincian jumlah fraud sebagaimana tabel berikut: of fraud is as follows:

(satuan) (unit)
Jumlah kasus yang dilakukan oleh
The number of cases involving
Pegawai Tidak Tetap dan
Penyimpangan Manajemen Pegawai Tetap Outsourcing
(Internal Fraud) Management Permanent Employee Non Permanent Employee and
dalam 1 tahun Outsourcing
Internal Fraud in 1 Year
Tahun Tahun Tahun
Tahun Berjalan Tahun Berjalan Tahun berjalan
Sebelum-nya Sebelumnya Sebelum-nya
Running Year Running Year Running Year
Preceding Year Preceding Year Preceding Year
(2018) (2018) (2018)
(2017) (2017) (2017)
Total fraud - - 0 1 0 0
Total fraud
Telah diselesaikan - - 0 1 0 0
Settled
Dalam proses penyelesaian - - - - - -
di internal Bank
In the process of settlement
at internal Bank
Belum diupayakan - - - - - -
penyelesaian
Settlement not yet
commenced
Telah ditindaklanjuti melalui - - - - - -
proses hukum
Followed up by legal
proceedings

Selama tahun 2018 terdapat 1 (satu) kasus fraud In 2018 there was 1 (one) fraud case amounting
(penipuan) sebesar Rp 267 juta yang dilakukan oleh to Rp267 million made by Permanent Employees.
Pegawai Tetap. Bank telah melakukan penyelesaian The Bank has completed the internal fraud case in
kasus internal fraud tersebut sesuai dengan kebijakan accordance with the Company’s policy and the Anti-
perusahaan dan SOP Strategi Anti Fraud. Kasus fraud Fraud Strategy SOP. The fraud case has been reported
tersebut telah dilaporkan kepada OJK sesuai dengan to the OJK in accordance with applicable regulations
ketentuan yang berlaku.
E. Penerapan Strategi Anti Fraud E. Anti Fraud Strategy Implementation

Bank telah menerapkan Strategi Anti Fraud The Bank has implemented the Anti-Fraud Strategy
berdasarkan Surat Edaran Bank Indonesia No.13/28/ based on Bank Indonesia Circular No. 13/28/DPNP
DPNP tanggal 9 Desember 2011 perihal Penerapan dated December 9, 2011 on the Anti-Fraud Strategy
Strategi Anti Fraud Bagi Bank Umum, yang antara Implementation for Commercial Banks, which includes
lain meliputi implementasi 4 (empat) Pilar strategi the implementation of 4 (four) Pillars of anti-fraud
anti fraud JTrust Bank yaitu Pencegahan, Deteksi, strategy of J Trust Bank, namely Prevention, Detection,
Investigasi, dan Pelaporan & Monitoring tindak lanjut. Investigation, and Reporting & Monitoring follow up.
Manajemen J Trust Bank telah menetapkan kebijakan Management of J Trust Bank has established a zero
zero tolerance terhadap fraud dengan menetapkan tolerance policy towards fraud by setting the Anti
Anti Fraud Charter dan semboyan “No Fraud Fraud Charter and the “No Fraud Tolerance” slogan on
Tolerance” pada tanggal 19 April 2012. Bank telah April 19, 2012. The Bank has established an Anti Fraud
membentuk organisasi Anti Fraud (Desk Anti Fraud) di Desk under the President Director who is in charge
bawah Direktur Utama yang bertugas mengkoordinasi of coordinating the implementation of anti-fraud
implementasi strategi anti fraud J Trust Bank. strategy of J Trust Bank.

Pada tahun 2016 Bank telah mengimplementasikan In 2016, the Bank has implemented programs on
program-program pada setiap Pilar Strategi anti fraud each pillar of anti-fraud strategy continuously and
secara berkesinambungan dan konsisten antara lain: consistently, among others:
a. Sosialisasi anti fraud secara berkala a. Periodic anti fraud dissemination
b. Fraud Risk Assessment b. Fraud Risk Assessment
c. Program Know Your Employee (KYE) c. Know your employee program
d. Implementasi Whistleblowing system d. Implementation of the whistleblowing system
e. Program Surprise Audit e. Surprise audit program
f. Program Surveillance Audit f. Audit surveillance program
g. Investigasi kasus g. Case investigation
h. Evaluasi serta monitoring tindak lanjut h. Evaluation and follow-up monitoring on settlement
penyelesaian kasus fraud of fraud cases.
Sistem Pelaporan Pelanggaran (Whistleblowing Whistleblowing System

System)

a) Cara penyampaian laporan pelanggaran a) How to submit a violation report
Sejak tahun 2012 Bank telah mengimplementasikan Since 2012, the Bank has implemented the
Whistleblowing System (WBS) yang berfungsi Whistleblowing System (WBS), which serves as
sebagai sarana untuk menerima laporan a means to receive fraud indication report known
indikasi fraud yang diketahui oleh karyawan di by employees in work environment as well as
lingkungan kerjanya maupun sarana penerimaan a means of receiving fraud indication report or
laporan indikasi fraud dan atau adanya benturan conflict of interest known by customers/partners
kepentingan yang diketahui oleh nasabah/rekanan of the Bank. WBS Bank infrastructure are, among
Bank. Sarana WBS Bank antara lain: others:
• Kotak Pos 99 Jakarta 10000 • Post Office Box 99 Jakarta 10000
• Hotline SMS/WhatsApp dikirimkan kepada • Hotline SMS/WhatsApp sent to the number:
Nomor: 0813 1504 5555. 0813 1504 5555.
• Portal anti fraud dengan alamat/address • Anti fraud portal with the address
http:/10.33.1.57/jtrust_serasi/. http:/10.33.1.57/jtrust_serasi/
• Email dengan alamat email: antifraud@ • Email with an address: antifraud@jtrustbank.
jtrustbank.co.id. co.id.

b) Perlindungan bagi pelapor b) Protection on the fraud reporter

Manajemen Bank berkomitmen untuk melindungi The Bank’s management is committed to
pelapor fraud yang beritikad baik dan akan patuh protecting fraud reporter who has good faith and
terhadap segala peraturan perundangan yang will adhere to all relevant rules and regulations and
terkait serta best practices yang berlaku dalam best practices applicable in the implementation of
penyelenggaraan Sistem Pelaporan Pelanggaran the Whistleblowing System.
(Whistleblowing System).
Perlindungan yang diberikan kepada pelapor The protection granted to fraud reporter includes
fraud meliputi perlindungan Bank terhadap Bank protection against adverse treatment such
perlakuan yang merugikan seperti pemecatan as unfair dismissal, demotion, discrimination in
yang tidak adil, penurunan jabatan/pangkat, all forms, and harming personal file records. And
diskriminasi dalam segala bentuk, dan catatan according to Management’s decision, reward
yang merugikan dalam arsip pribadi pegawai will be given (in the form of award money) for
(personal file record). Bahkan sesuai keputusan employees who can provide information of
Manajemen akan memberikan reward (dalam indication of fraud which is known.
bentuk uang penghargaan) bagi karyawan yang
dapat memberikan informasi adanya indikasi
fraud yang diketahuinya.
c) Penanganan pengaduan c) Complaint handling

Seluruh informasi yang masuk ke dalam WBS Bank All information entered into the WBS J Trust Bank
Jtrust akan dilakukan analisis terlebih dahulu serta will be analyzed in advance and the collection of
pengumpulan bukti-bukti adanya indikasi fraud. evidence of fraud indications. And if the results of
Dan apabila dari hasil analisis dan bukti-bukti analysis and evidence shows a strong indication of
yang ada terindikasi kuat adanya kejadian fraud, a fraud incident, then further investigation will be
maka selanjutnya akan dilakukan investigasi lebih performed
lanjut.
d) Pihak yang mengelola pengaduan d) The party managing the complaint

WBS JTrust Bank dikelola oleh Anti Fraud J Trust Bank WBS is managed by the Anti Fraud
Departement yang berada di bawah SKAI Dept. directly under SKAI so that any complaints
sehingga setiap pengaduan yang masuk dalam received in the Bank’s WBS will be opened by
WBS JTrust Bank akan dibuka oleh pejabat anti the anti-fraud authorities and forwarded to the
fraud dan diteruskan kepada Direktur Utama President Director for the follow-up.
untuk mendapatkan tindak lanjut.
e) Hasil dari penanganan pengaduan e) Result of complaint handling

Selama tahun 2018 terdapat 6 (enam) laporan During 2018 there were 6 (six) reports of indicated
indikasi pelanggaran yang masuk ke dalam violations that went into WBS J Trust Bank that
informasi WBS JTrust Bank untuk dapat dilakukan needed a special investigation to be conducted.
investigasi khusus.
F. Permasalahan Hukum F. Legal Issues

1) Permasalahan hukum adalah permasalahan 1) Legal issues are civil and criminal legal issues
Hukum Perdata dan Hukum Pidana yang dihadapi faced by the Bank over a period of reporting year
Bank selama periode tahun laporan dan telah and have been filed through legal process.
diajukan melalui proses hukum.
2) Pengungkapan permasalahan hukum minimal 2) Disclosure of legal matters includes at least:
mencakup:
a) Jumlah permasalahan hukum perdata dan a) Number of civil and criminal cases faced and
pidana yang dihadapi dan telah selesai (telah settled (with binding legal force).
mempunyai kekuatan hukum yang tetap).
b) Jumlah permasalahan hukum perdata dan b) Number of civil and criminal cases faced and
pidana yang dihadapi dan masih dalam proses in the settlement process.
penyelesaian.

Selama tahun 2018 jumlah permasalahan hukum yang During 2018, the number of civil and criminal cases
dihadapi J Trust Bank dan telah diajukan melalui faced by J Trust Bank which has been filed through
proses hukum sebagaimana tabel berikut: legal process, as the following table:
1. Bank Sebagai Tergugat/Terlawan/Terlapor 1. Bank as Defendant/Reported

(satuan) (unit)
Jumlah Kasus
Permasalahan Hukum Number of Case
Litigation Case Perdata Pidana
Civil Criminal
A. Perkara Bank sebagai Tergugat/Terlawan
Case(s) with the Bank as Defendant (Counter Charges)
Telah selesai (Telah mendapatkan putusan yang mempunyai kekuatan hukum tetap) 8 -
Settled (with binding legal force)

Dalam proses penyelesaian
In settlement process
14 -
B. Perkara Bank sebagai Terlapor
Case(s) with the Bank as the Reported
Telah selesai (Telah mendapatkan putusan yang mempunyai kekuatan hukum tetap) - 1

Dalam proses penyelesaian
In settlement process
- -
Total 22 1
2. Bank Sebagai Penggugat/Pelawan/Pemohon/ 2. Bank as Applicant/Reporting Party

Pelapor
(satuan) (unit)
Jumlah Kasus
Permasalahan Hukum Number of Case
Litigation Case Perdata Pidana
Civil Criminal
A. Perkara Bank sebagai Penggugat (Gugatan Perlawanan)
Case(s) with the Bank as Plaintiff (Counter Charges)
Dalam proses penyelesaian | In settlement process - -
Total 2 -
B. Perkara Bank sebagai Pemohon tentang Kepailitan
Case(s) with the Bank as Bankruptcy Applicant
Dalam proses penyelesaian | In settlement process 11 -
Total 16 -
C. Perkara Bank sebagai Pelapor adanya Dugaan Tindak Pidana
Case(s) with the Bank as the Reporting Party of Allegation of Criminal Act
Telah selesai (Telah mendapatkan putusan yang mempunyai kekuatan hukum tetap) - -
Dalam proses penyelesaian | In settlement process - 3
Total - 3

Permasalahan hukum yang umumnya dihadapi Legal issues commonly faced by the Bank are:
oleh Bank adalah:
• Gugatan Perdata dari Debitur Macet/Nasabah, • Civil Action by bad debts/customers, as well
maupun dari Pihak Ketiga/Pemilik Jaminan; as third party/collateral owner
• Penundaan Kewajiban Pembayaran Utang • Suspension of Payment (PKPU) and
(PKPU) dan Kepailitan yang diajukan oleh Bankruptcy filed by the Other Creditor, the
Kreditur Lain, Debitur itu sendiri (Debitur Borrower itself (Bad debt), or the Bank filing
Macet), maupun Bank yang mengajukan against the Debtor having defaulted on credit;
terhadap Debitur yang telah berstatus macet
kreditnya;
• Laporan adanya tindak Pidana yang berasal • Criminal Reports from external bank or
dari eksternal Bank ataupun yang melibatkan involving internal bank (internal fraud).
internal Bank (Internal Fraud).
Upaya penyelesaian permasalahan hukum oleh Efforts to resolve legal issues by the Bank
Bank antara lain: include:
• Menganalisa perkara dan mendiskusikan • Analyze cases and discuss with the Legal
dengan Tim Legal bersama-sama dengan Unit Team together with Business Units related to
Bisnis yang berkaitan dengan permasalahan the legal issues;
hukum dimaksud;
• Tim Legal secara bersama-sama menentukan • The Legal Team collectively determines
apakah perkara akan ditangani oleh Internal whether the case will be handled by the
Bank ataupun menggunakan jasa Lawyer Internal Bank or use the services of an External
Eksternal dengan persetujuan dari Direksi Lawyer with the approval of the Board of
sesuai dengan ketentuan hukum yang berlaku; Directors in accordance with applicable law;
• Memonitor perkembangan penanganan • Monitor the progress of legal cases handled
kasus-kasus hukum baik yang ditangani oleh by both internal and external lawyers.
Internal Bank maupun eksternal lawyer.
Pokok Perkara/Gugatan dan Status Penyelesaian Principal Case/Claim and Settlement Status
Berikut adalah 7 (tujuh) perkara perdata/pidana Here are 7 (Seven) civil/criminal cases with the
dengan nilai perkara terbesar yang dihadapi Bank greatest case value that the Bank faces until 31
sampai dengan periode 31 Desember 2018: December 2018:
No Pokok Perkara Para Pihak Nilai Perkara Status Penyelesaian

Principal Case The Parties Case Value Settlement Status
1 Tuntutan yang dilakukan kepada Penggugat | Plaintiff: Materiil: • PN: Bank Menang |
Bank dilakukan agar Bank Ir. Henry Ruswoto, Dkk Rp9.158.000.000.- (Pokok | Principal) won
mengembalikan dana investasi Rp7.205.323.318.- (Bunga | Interest) • PT: Bank Menang | won
produk yang dikeluarkan oleh Tergugat | Defendant: Immaterial: • Kasasi: Bank Menang |
PT Antaboga Delta Sekuritas 1. J Trust Bank Rp10.000.000.000,- won
Indonesia yaitu berupa 2. PT. Antaboga Delta Jumlah | Total:
Discretionary Fund Sekuritas, Tbk. Rp26.363.323.318.-
Lawsuit to the Bank for the
Bank to recompense investment
funds issued by PT Antaboga
Delta Sekuritas Indonesia. The
product was a Discretionary
Fund

2 Tuntutan yang dilakukan kepada Penggugat | Plaintiff: Rp35.437.000.000.-(Pokok | Principal) • PN: Bank Kalah | lose
Bank dilakukan agar Bank Go Linawati, Dkk Rp5.675.691.668.-(Ganti rugi | • PT: Bank Kalah | lose
mengembalikan dana investasi Compensation) • Kasasi: Bank Kalah |
produk yang dikeluarkan oleh Tergugat | Defendant: Jumlah | Total: lose
PT Antaboga Delta Sekuritas 1. J Trust Bank Rp41.112.691.668,- • PK: Bank Kalah | lose
Indonesia yaitu berupa 2. PT. Antaboga Delta
Discretionary Fund Sekuritas, Tbk
Discretionary Fund Lawsuit
to the Bank for the Bank
to recompense investment
Fund
3 Tuntutan yang dilakukan kepada Penggugat | Plaintiff: Rp66.250.000.000.- (Pokok | • PN: Bank Kalah| lose
Bank dilakukan agar Bank Wahyudi Prasetio Principal) • PT: Bank Kalah| lose
mengembalikan dana investasi Rp2.153.125.000,- (Bunga | interest) • Kasasi: Bank Kalah|
produk yang dikeluarkan oleh Tergugat | Defendant: Rp25.921.600.000.-(Ganti rugi | lose
PT Antaboga Delta Sekuritas 1. J Trust Bank Compensation) • PK: Bank Kalah| lose
Indonesia yaitu berupa 2. PT.Antaboga Delta Jumlah | Total:
Discretionary Fund Sekuritas, Tbk; Rp94.324.725.000.-
Discretionary Fund Lawsuit Lembaga Penjamin
to the Bank for the Bank Simpanan (LPS).
to recompense investment
Fund
4 Tuntutan yang dilakukan kepada Penggugat | Plaintiff: Bunadi Wijaya G, dkk PN: Bank Kalah | lose
Bank dilakukan agar Bank Bunadi Wijaya Gunawan, Rp22.696.000.000.- (Pokok | PT: Bank Kalah | lose
mengembalikan dana investasi Dkk Principal) Kasasi: Bank Kalah | lose
produk yang dikeluarkan oleh Rp10.686.746.433.-(Ganti rugi | PK:Masih Menunggu
PT Antaboga Delta Sekuritas Tergugat | Defendant: Compensation) Putusan dari Mahkamah
Indonesia yaitu berupa 1. J Trust Bank; Jumlah | Total: Agung | Awaiting for
Discretionary Fund 2. PT.Antaboga Delta Rp33.382.746.433.- Supreme Court decision
Discretionary Fund Lawsuit Sekuritas, Tbk.
to the Bank for the Bank Yayasan Slamet Riyadi
to recompense investment Rp16.600.000.000.- (Pokok |
funds issued by PT Antaboga Principal)
Delta Sekuritas Indonesia. The Rp7.677.458.331.-(Ganti rugi |
product was a Discretionary Compensation)
Fund Jumlah | Total:
Rp24.277.458.331.-
5 Tuntutan yang dilakukan kepada Penggugat | Plaintiff: Rp12.787.000.000.-(Pokok | Principal) PN: Bank Menang | won
Bank dilakukan agar Bank Cahyadi Candramulia, Bunga sebesar | Interest of 13%-14% PT: Bank Menang | won
mengembalikan dana investasi Dkk Kasasi: Bank Menang |
produk yang dikeluarkan oleh won
PT Antaboga Delta Sekuritas Tergugat | Defendant:
Indonesia yaitu berupa 1. J Trust Bank;
Discretionary Fund 2. PT.Antaboga Delta
Discretionary Fund Lawsuit Sekuritas, Tbk;
to the Bank for the Bank 3. BANK INDONESIA;
to recompense investment 4. BAPEPAM-LK.
Fund


6 Pengajuan SOC (statement of Penggugat | Plaintiff: USD 115,750,000,- • Strike Out Application:
claim/Gugatan) didasarkan Weston, Dkk Keseluruhan Striking
pada Putusan Pengadilan Out Application yang
Mauritius. Tergugat | Defendant: diajukan oleh BJI untuk
Filing SOC (statement of claim/ 1. JTrust Co.Ltd melawan Weston telah
lawsuit) based on the Decision 2. PT Bank JTrust dikabulkan;
of the Court of Mauritius Indonesia Tbk
• Amended defense
(Amendment
Application):
Pengadilan
Singapura menilai
bahwa perubahan
(Amendment
Application) yang
diajukan oleh Weston
adalah tidak jelas,
dan akan bermasalah
jika dibiarkan untuk
diubah seperti yang
dimohonkan oleh
Weston Pengadilan
memberikan arahan
kepada Weston agar
(i)Weston mengubah
bagian-bagian tertentu
dalam SOC mereka
dengan cara yang
lebih jelas, dan (ii) agar
Weston mengirimkan
Draft Perubahan SOC
ke Rajah & Tan (R&T)
untuk diperiksa dan
disetujui, sebelum
sidang berikutnya.
- Pada tanggal 20 Juli

2018, Weston Capital
Advisors. Inc (WCAI)
mengajukan pergantian
Kuasa Hukum yang
awalnya Eugene
Thuraisingam LLP
menjadi NLC Law Asia
LLC, dan pergantian
tersebut dapat disetujui
oleh Pengadilan dan
WCAI juga mengajukan
Permohonan
Penghentian kasus di
Pengadilan Singapura
namun masih
menunggu keputusan
dari Pengadilan
Singapura.
- Pada tanggal 23
Juli 2018, kuasa
Hukum J Trust Bank
menginformasikan
bahwa Permohonan
Penghentian kasus
yang diajukan oleh
WCAI diterima oleh
Pengadilan Singapura,
hal ini mengakibatkan
klaim WCAI senilai
sekitar USD 21 Juta
ditarik dari proses di
Pengadilan Singapura.

• Strike Out Application:
The entire Striking Out
Application submitted
by BJI against Weston
has been granted;
• Amended defense
(Amendment
Application): The
Singapore court
considered that the
amendment application
submitted by Weston
was unclear, and would
be problematic if left to
be amended as Weston
requested. The Court
gave Weston directives
to (i) Weston alter
certain parts of their
SOC in a way that more
clearly, and (ii) to have
Weston send Draft SOC
Changes to Rajah & Tan
(R & T) for review and
approval before the
next trial.
- On 20 July 2018,
Weston Capital
Advisors Inc (WCAI)
submitted a change
of Attorneys from
Eugene Thuraisingam
LLP to NLC Law Asia
LLC, approved by the
Court, and WCAI also
submitted Request for
Termination of the case
in Singapore Court but
still awaiting for the
court’s decision.
- On 23 July 2018, J
Trust Bank attorneys
informed that the
Request for Termination
of the case submitted
by WCAI has been
approved by the
Singapore Court,
leading WCAI’s claim
of USD21 million being
withdrawn from the
Singapore Court.


7 Pada tanggal 2 November 2017, Penggugat | Plaintiff: Claim 1 • Pada tanggal 15
JTrust Bank menerima relaas 1. First Global Funds Weston meminta Pengadilan Mauritian Desember 2017, Bank
beserta lampiran gugatan dari Limited PCC (FGFL); untuk menjadikan Tergugat No. 2 JTrust melalui kuasa
FGFL, Weston, dkk yang dalam 2. Weston International hingga No. 11 dan No. 15 bersama- hukumnya mengajukan
gugatannya secara garis besar Asset Recovery sama dan masing-masing, sebagai Preliminary Objections
menarik JTrust Bank beserta Company Limited tambahan Tergugat ke dalam putusan (Keberatan Awal) dan
dengan Tergugat lainnya dan (WIARCO); Pengadilan Mauritius 2015 dan putusan berkesempatan untuk
Turut Tergugat; 3. Weston Capital USD 120,000,000 Global Mareva mengembangkan
Tuntutan dari FGFL dalam Advisors Inc (WCAI); Injunction terkait dengan tindakan- argumen dalam Surat
perkara ini terdiri dari 6 (enam) 4. Weston International tindakan yang menyiksa (“fautes” Keberatan yang Bank
tuntutan (claim) yang berbeda- Asset Recovery dan/atau “fautes lourdes”) tentang ajukan sebelumnya;
beda baik nilai gugatan maupun Corporation Inc kecurangan dan persekongkolan untuk Bank JTrust through
materi gugatannya. (WIARCI); menipu Weston dan kegagalan untuk its legal counsel
On November 2, 2017, J Trust 5. Weston International membayar sebesar USD 128.608.007. filed Preliminary
Bank accepts relaas with Capital Limited Weston requested the Mauritian Court Objections and had
attachment of suit from FGFL, (WICL); to make Defendant No. 2 to No. 11 and the opportunity to
Weston, et al No. 15 together and, respectively, in develop an argument
in its lawsuit drawing out J Tergugat | Defendant: addition to the Defendant’s Decision in the Bank’s Objection
Tru st Bank along with other Tergugat berjumlah of the Court of Mauritius 2015 and Letter previously;
Defendants and Acts 21 pihak, yang di the USD120,000,000 Global Mareva
Defendant; antaranya melibatkan Injunction verdict relating to “fautes”
The demand of FGFL in this | Defendants were 21 and/or “fauteslourdes” acts of fraud • Langkah selanjutnya
case consists of 6 (six) different parties, including): and conspiracy to defraud Weston and adalah menunggu
claims both in the value of the 1. PT Bank JTrust failure to pay of USD 128,608,007. respons dari Weston
lawsuit and the material of the Indonesia Tbk terhadap Keberatan
lawsuit. 2. J Trust Co.Ltd Claim 2 Awal yang diajukan
3. Nobiru Adachi Weston mengklaim bahwa Tergugat 1 tersebut;
(Komisaris J Trust hingga 21, bersama-sama dan masing- The next step is to wait
Bank ) masing, berkomplot untuk melakukan for Weston’s response
4. Nobuyoshi Fujisawa pencucian uang, dengan maksud to the proposed
(Pemegang saham untuk menipu Weston, sebagai Objection;
J Trust Bank) kreditor Saab (dengan harga di atas
5. Shigeyoshi Asano USD 200 m). Oleh karena itu, Weston
(Komisaris J Trust mengklaim ganti rugi sebesar USD 128
Bank) juta terhadap semua tergugat.
6. Ahmad Fajar Weston claims that Defendants 1 to 21,
(Komisaris J Trust together and respectively, conspired
Bank) to commit money laundering in
7. Felix I Hartadi order to deceive Weston as a Saab
(Direktur J Trust creditor (at a cost above USD 200
Bank) million). Therefore, Weston claimed
8. Lembaga Penjamin compensation of USD 128 million
Simpanan
9. Kartika Wirjoatmodjo
(Direktur Utama Bank
Mandiri)
10.Fauzi Ichsan (Kepala
Eksekutif LPS)

Turut Tergugat | Co- Claim 3 • Bank secara berhati-
Defendant: LPS telah menyembunyikan temuan hati melakukan upaya
Turut Tergugat Brown Report dengan maksud untuk perlawanan dimana
berjumlah 18 pihak, yang pencucian uang dan menipu Weston untuk keperluan
di antaranya melibatkan: dan telah mencegah mereka untuk strategi di pengadilan,
1. Ritsuo Ando (Direktur mengakuisisi BJI. Weston mengklaim perlawanan kepada
Utama J Trust Bank); USD 94 juta sebagai ganti rugi dari Weston dilakukan oleh
2. Otoritas Jasa Tergugat 9, 10 dan 11. orang perseorangan.
Keuangan. LPS has hidden the findings of Brown • Bank akan tetap
Co-Defendants numbers Report with the intent to launder berkoordinasi dengan
18 parties, including: money and deceive Weston and has Kuasa Hukum jika
1. Ritsuo Ando prevented them from acquiring BJI. terdapat respons dari
(President Director of Weston claimed USD 94 million in Weston yang akan
J Trust Bank); damages from Defendants 9, 10 and 11. menentukan langkah
2. Financial Services selanjutnya.
Authority. Claim 4
Weston telah mengeluarkan biaya • The Bank is careful in
yang signifikan dalam mengejar dan fighting back due to
melaksanakan putusan Mauritius strategic purposes in
sehingga menggugat dan meminta court, the resistance to
kompensasi kepada Tergugat 1 hingga Weston is done by an
11, 15 dan 21 bersama-sama dan individual.
masing-masing, untuk membayar • The Bank will remain
USD 50 juta. in coordination with
Weston has incurred significant the Legal Counsel if
costs in pursuing and implementing there is a response
the Mauritius ruling so as to sue from Weston that will
and request compensation from determine the next
Defendants 1 through 11, 15 and 21 step.
together and respectively to pay
USD50 million.
Claim 5
Tuntutan bahwa pembayaran sebesar
USD8,000,000 kepada Quinn
Emanuel merupakan transaksi fraud
oleh karenanya Tergugat 1 hingga 21
bersama-sama dan masing-masing
harus membayar USD8,000,000.
The claim that the payment of
USD8,000,000 to Quinn Emanuel
was a fraud transaction for which
Defendants 1 through 21 together and
each have to pay USD8,000,000.
Claim 6
Weston meminta revisi Global Mareva
Injunction sebesar USD400,000,000
terhadap Tergugat 1 hingga 11, 15
dan 21 bersama-sama dan masing-
masing dan sebesar USD150,000,000
terhadap Penggugat 1 hingga 21,
bersama-sama dan masing-masing.
Weston requested a revised Global
Mareva Injunction of USD400,000,000
against Defendants 1 through 11, 15
and 21 together and respectively
and amounting to USD150,000,000
against Plaintiffs 1 to 21, together and
respectively..
*) Keterangan | Note:
* PN: Pengadilan Negeri | District Court
* PT: Pengadilan Tinggi | High Court

Pengaruh terhadap Kondisi Perusahaan Influence on Company Conditions

Dari perkara penting yang dihadapi J Trust Bank From the important issues faced by J Trust Bank during
selama tahun 2018 terbagi menjadi 2 (dua) jenis 2018 is divided into 2 (two) types of cases namely:
perkara yaitu:
1. Perkara Antaboga: 1. Antaboga Case:

Merupakan perkara dari masa Bank Century yang This case is from Century Bank era which is still
sampai saat ini masih dalam proses penyelesaian in the process of settlement in court which on
di pengadilan yang rata-rata sudah sampai average has reached the final level in the Supreme
tingkat akhir di Mahkamah Agung. Perkara ini Court. This case needs cost reserves that is not
butuh pencadangan biaya yang tidak sedikit oleh small by J Trust Bank and JTrust Group itself.
J Trust Bank maupun JTrust Group itu sendiri. However, although the case is still running, it
Namun meskipun perkara ini masih berjalan, tidak does not have a significant impact on the Bank’s
begitu menimbulkan dampak yang signifikan bagi operations and business.
operasional dan bisnis Bank.
Seiring dengan perkembangan perkara yang Along with the ongoing progress of the case, the
sedang berlangsung saat ini, Bank yang Bank which previously was in a disadvantage
sebelumnya di dalam posisi yang kurang position because based on the decisions of the
menguntungkan karena berdasarkan putusan- Courts in this case the Bank is in a state of defeat,
putusan Pengadilan yang dalam hal ini Bank dalam namely the Surakarta District Court, the Surabaya
keadaan kalah yaitu pada Pengadilan Negeri District Court and the Yogyakarta District Court
Surakarta, Pengadilan Negeri Surabaya, dan which requires the Bank to refund Antaboga’s
Pengadilan Negeri Yogyakarta yang mewajibkan clients’ funds in accordance with the Plaintiff’s
Bank untuk mengembalikan dana-dana nasabah claim in its lawsuit. However, this time with the
Antaboga sesuai dengan tuntutan Para Penggugat Criminal Decision of Central Jakarta District Court
di dalam gugatannya. Namun saat ini dengan punishing Robert Tantular, Criminal Decision
adanya Putusan Pidana dari Pengadilan Negeri punishing Hartawan Aluwi, Civil Court Decision in
Jakarta Pusat yang menghukum Robert Tantular, Central Jakarta Court, and Legal Action conducted
Putusan Pidana yang menghukum Hartawan by the Bank through a lawsuit against the South
Aluwi, Putusan Perdata di Pengadilan Jakarta Jakarta District Court which has been enforced
Pusat, serta Legal Action yang dilakukan oleh Bank (in which case the Bank won), the Bank’s previous
melalui gugatan perlawanan pada Pengadilan burden, the Bank now has the opportunity to exit
Negeri Jakarta Selatan yang telah berkekuatan the obligations of returning Antaboga’s clients’
hukum tetap (dalam hal ini Bank menang), beban funds based on Court decisions that previously
Bank yang sebelumnya cukup memberatkan, positioned the Bank in a losing state. Thus for the
kini Bank memiliki kesempatan untuk keluar dari future, the Bank’s business will be better with the
kewajiban-kewajiban mengembalikan dana-dana completion of the old case.
nasabah Antaboga berdasarkan putusan-putusan
Pengadilan yang sebelumnya memposisikan Bank
dalam keadaan kalah. Dengan demikian untuk ke
depannya, bisnis Bank akan semakin baik dengan
telah tuntasnya perkara lama tersebut.
2. Perkara Weston (perkara luar negeri): 2. Weston Case (overseas case):

Perkara ini merupakan perkara lama mengenai This case is a long-standing case of securities
sengketa surat-surat berharga yang proses disputes whose overseas settlement process
penyelesaiannya berada di luar negeri yang begins with a lawsuit in Mauritius filed by Holding
berawal dengan adanya gugatan di Mauritius yang Weston Capital et al., which continued in the
diajukan oleh perusahaan Holding Weston Capital, courts of New York and Singapore. These cases
dkk, kemudian berlanjut di Pengadilan New are still on going until now.
York dan Singapura. Perkara-perkara ini masih
berlangsung hingga saat ini.
Meskipun perkara ini masih berjalan, namun tidak Although this case is still running, but not such a
begitu menimbulkan dampak yang signifikan significant impact on the operations and business
bagi operasional dan bisnis Bank, karena perkara of the Bank, because the case took place abroad.
berlangsung di luar negeri. Adapun kemungkinan The possibility of such case may disrupt the

perkara tersebut dapat mengganggu bisnis business of the Bank is when the ongoing cases
Bank adalah ketika perkara-perkara yang have a verdict that is legally binding. If the Bank
sedang berlangsung tersebut telah mempunyai is found guilty by the foreign court, the decision
Putusan yang berkekuatan hukum. Apabila Bank shall not necessarily be applied to the Bank in
diputuskan bersalah oleh pengadilan luar negeri Indonesia. A new lawsuit must be filed against the
maka keputusan tersebut tidak serta merta dapat Bank in a court of law in Indonesia.
diterapkan pada Bank di Indonesia. Gugatan baru
harus diajukan terhadap Bank pada pengadilan di
Indonesia.
Seperti diungkapkan di atas, tidak terdapat perkara As noted above, there were no cases that will have
yang akan berdampak negatif bagi kondisi keuangan a negative impact on the financial condition and
dan kelanjutan usaha J Trust Bank. continuation of the J Trust Bank business.
Permasalahan hukum yang sedang dihadapi Dewan Legal issues being faced by the Board of
Komisaris dan Direksi Commissioners and the Board of Directors
Di tahun 2018, beberapa anggota Dewan Komisaris In 2018, several members of the Board of
dan Direksi menjadi salah satu tergugat dalam perkara Commissioners and the Board of Directors became
dengan Weston di Mauritius. Bank sedang melakukan one of the defendants in the case with Weston in
upaya hukum untuk mengajukan keberatan atas Mauritius. The Bank is conducting legal remedies to
gugatan tersebut dan masih menunggu perkembangan file an objection to the lawsuit and is still awaiting
lebih lanjut (kasus no. 7 pada tabel di atas). further progress (case No. 7 in the table above).
G. Penggunaan Pihak Penyedia Jasa Teknologi G. Use of Information Technology Vendor

Informasi/Vendor TI
Berdasarkan Peraturan Otoritas Jasa Keuangan No.38/ Based on Financial Services Authority Regulation No.
POJK.03/2016 tanggal 1 Desember 2016, dan Surat 38/POJK.03/2016 dated December 1, 2016, and Financial
Edaran Otoritas Jasa Keuangan No.21/SEOJK.03/2017 Services Authority Circular No. 21/SEOJK.03/2017
tanggal 6 Juni 2017 tentang Penerapan Manajemen dated June 6, 2017 on the Implementation of Risk
Risiko Dalam Penggunaan Teknologi Informasi Oleh Management in the Use of Information Technology
Bank Umum, Bank dapat menggunakan jasa pihak by Commercial Banks, the Bank may use the services
lain/pihak penyedia jasa teknologi informasi untuk of the other party/information technology vendor
menyelenggarakan kegiatan teknologi informasi to organize the activities of information technology
dalam rangka meningkatkan efektivitas dan efisiensi in order to improve effectiveness and efficiency in
pencapaian tujuan strategis. achieving strategic objectives.
Penggunaan pihak penyedia jasa TI menyebabkan Bank The use of IT vendors causes the Bank dependency
memiliki ketergantungan terhadap jasa yang diberikan on services provided in an ongoing basis or within
secara berkesinambungan dan atau dalam periode a certain period that can affect the incidence of the
tertentu yang dapat mempengaruhi timbulnya risiko Bank risk in form of operational risk, compliance,
Bank berupa risiko operasional, kepatuhan, hukum dan legal and reputational, among others, for their failure
reputasi antara lain karena adanya kegagalan penyedia to service providers in providing services, breach of
jasa dalam menyediakan jasa, pelanggaran terhadap security or inability to comply with the applicable laws
pengamanan atau ketidakmampuan untuk mematuhi and regulations.
hukum dan peraturan yang berlaku.
a. Proses Pemilihan dan Penentuan Pihak Penyedia a. The Selection and Determination Process of
Jasa Teknologi Informasi Information Technology Vendor
Secara umum proses pemilihan dan penentuan In general the selection and determination process
pihak penyedia jasa teknologi informasi/calon of information technology vendor (related with
vendor TI (terkait dengan kerja sama sistem/ system/program cooperation) in PT Bank JTrust
program) di PT Bank JTrust Indonesia Tbk Indonesia Tbk include:
meliputi:
a.1. Mendapatkan sumber informasi calon vendor a.1. Obtaining information sources of IT vendors
TI dari: from:
• Pengalaman sebelumnya dalam • Previous experience in interacting with
berinteraksi dengan calon vendor. prospective vendors.

• Jaringan perkenalan rekan-rekan sesama • Introduction network of fellow banking IT.

IT perbankan. • Browsing on the internet.
• Browsing di internet. • Input from other business units/divisions/
• Masukan unit bisnis/Divisi/Cabang/ branches/internal.
internal lainnya. • Seminars or training.
• Seminar atau pelatihan.
a.2. Kriteria dan dasar pertimbangan dalam a.2. Criteria and basic consideration in determining
menentukan calon vendor TI yang akan candidates for IT vendors to choose from:
dipilih: Meeting the highest total value/maximum 100
Memenuhi nilai total tertinggi/maksimal 100 of the combined 3 aspects of assessment,
dari gabungan 3 aspek penilaian yaitu: namely:
• Aspek Fungsional, bobot 40% dengan • Functional Aspects, weighs 40% with a
maksimal nilai 40. maximum value of 40.
• Aspek Teknis, bobot 30% dengan • Technical Aspects, weighs 30% with a
• Aspek Finansial, bobot 30% dengan • Financial Aspects, weighs 30% with a
a.3. Prosedur permohonan persetujuan calon a.3 Approval application procedures for
vendor TI yang akan dipilih: prospective vendors to choose from:
• Melakukan review terhadap rencana • Conducting a review on the annual
bisnis tahunan yang berisi daftar proyek business plan that contains a list of
yang akan dijalankan, dan menyusun projects to be executed, and setting
skala prioritas terhadap proyek yang akan priority scale to the projects.
dijalankan tersebut.
• Mengumpulkan requirement/kebutuhan • Gathering requirements/functional needs
fungsional dari unit bisnis. of the business unit.
• Mengumpulkan requirement/kebutuhan • Gathering requirements/technical needs
teknis dari Divisi IT. of the IT Division.
• Melihat requirement/kebutuhan financial/ • Seeing requirements/financial needs/
Budget dari rencana bisnis tahunan. budget of the annual business plan.
• Penyusunan TOR (Term of Reference) • Preparation of TOR (Terms of Reference)
berdasarkan requirement fungsional dan based on the functional and technical
teknis. requirements.
• Mengirimkan undangan presentasi beserta • Sending invitations and TOR to several
TOR kepada beberapa calon vendor TI. prospective IT vendors.
• Calon vendor TI melakukan presentasi. • Candidates for IT vendors making
presentations.
• Calon Vendor TI mengirimkan proposal • Candidates for IT vendors submitting bid
penawaran berdasarkan TOR. proposals based on the TOR.
• Mengundang POC (Proof of Concept) • Inviting POC (Proof Of Concept) of
calon vendor TI (jika dimungkinkan untuk prospective IT vendors (if it is possible for
POC). POC).
• Calon vendor TI melakukan POC (jika • Candidates for IT vendors doing a POC (if
dimungkinkan untuk POC). it is possible for POC).
• Melakukan penilaian seluruh aspek (nilai • Assessing all aspects (total maximum
total maksimal 100) terdiri dari: value of 100) which consist of:
- Aspek Fungsional (nilai maksimal 40), - Functional Aspects (maximum value
dinilai oleh unit bisnis sebagai user. 40), assessed by the business unit as
the user.
- Aspek Teknis (nilai maksimal 30), - Technical Aspects (maximum value
dinilai oleh Divisi IT. 30), assessed by the IT Division.
- Aspek Finansial (nilai maksimal 30), - Financial Aspects (maximum value
dinilai oleh Divisi IT yang menangani 30), assessed by the Division of
Procurement IT. Corporate Secretary (in charge of
Procurement Section).

• Penilaian calon vendor TI dibahas dalam • Assessment of prospective IT vendors
rapat Komite IT (jika proyek bersifat is discussed in the IT Committee (if the
strategis). projects are strategic).
• Komite IT sesuai kewenangannya • The IT Committee according to its
memberikan rekomendasi kepada Direksi. authority provides recommendations to
the Board of Directors.
• Direksi memberikan persetujuan atau • The Board of Directors shall approve
menolak terhadap rekomendasi Komite IT. or reject the recommendation of the IT
Committee.
• Setelah disetujui Direksi berdasarkan • Once approved by the Board of Directors
batas kewenangan limit yang berlaku, based on the applicable authorization
maka Divisi IT menindaklanjuti proses limit, the Division of Corporate Secretary
engagement vendor TI selanjutnya, yaitu: follows up the next engagement process
Proses Purchase Order/pembuatan Surat of IT vendors, namely: Purchase Order/
Perintah Kerja, Kontrak dan lain-lain. Work Order manufacture, contract and
others processes.
b. Pemantauan/Pengawasan Vendor TI Dalam b. Monitoring/Supervising of IT Vendor In Vendor

Vendor Management Management
Bank wajib memiliki program pemantauan data Banks are required to have a data monitoring
vendor TI secara berkesinambungan dalam program of IT vendor in vendor management on
vendor management untuk memastikan penyedia an ongoing basis to ensure that IT vendors/service
jasa/vendor TI telah melaksanakan pekerjaan/ providers have implemented work/provided
memberikan jasa sesuai dengan kontrak/perjanjian services in accordance with the contract/
kerja sama dengan melakukan: agreement by conducting:
• Pemantauan pencapaian SLA (Service Level • Monitoring the achievement of SLA (Service
Agreement) dari vendor-vendor TI utama. Level Agreement) from major IT vendors.
• Kunjungan kerja rutin ke lokasi kerja/data • Routine working visit to work site/data center
center dari vendor TI utama. of the major IT vendors.
• Permintaan laporan keuangan tahunan • Requesting for annual financial statements
(Audited) vendor TI utama. (Audited) of major IT vendors.
• Permintaan hasil audit independen dari • Requesting independent audit results of the
lembaga terkait misalnya ISO. relevant institutions such as ISO.
• Rapat berkala dengan vendor TI utama. • Meeting regularly with major IT vendors.
• Pemantauan progress penyelesaian proyek • Monitoring progress of completion of IT
IT secara berkala sesuai prinsip Project projects on a regular basis according to the
Management. principles of Project Management.
Berikut adalah daftar Vendor TI yang bekerjasama The following is a list of IT projects and vendors that
dengan PT Bank JTrust Indonesia Tbk selama work with PT Bank JTrust Indonesia Tbk during 2018:
Tahun 2018:
Pihak Terkait
Alamat Pihak (Ya/Tidak)
Nama Pihak Penyedia Jasa Jasa yang Diberikan
No Penyedia Jasa TI Related
Name of IT Vendor Services Provided
Vendor Address Service
(Yes/No)
1 PT. Dymar Jaya Indonesia Jakarta T Maintenance Host Security Module ATM Switching
2 PT. Mitra Integrasi Informatika Jakarta T Maintenance aplikasi ATM Switching dan Server FT Stratus
3 PT. Anabatic Technologies Jakarta T Maintenance Server AS/400, aplikasi Mimix, aplikasi
reporting CR-One
4 PT. Venturium System Indonesia Jakarta T Maintenance aplikasi SWIFT, interface aplikasi SWIFT ke
core banking
5 PT. Misys internasional Jakarta T Support aplikasi Opics
6 PT. Aristi Jasadata Jakarta T Maintenance aplikasi Fixed Asset
7 PT. Visionet Data Internasional Jakarta T Maintenance aplikasi Bank Vision, hardware Network dan
PBX, hardware Web Teller, hardware SKN, Email Server
dan outsourcing DRC

Pihak Terkait
Alamat Pihak (Ya/Tidak)
Nama Pihak Penyedia Jasa Jasa yang Diberikan
No Penyedia Jasa TI Related
Name of IT Vendor Services Provided
Vendor Address Service
(Yes/No)
8 PT. EDI Indonesia Jakarta T Maintenance aplikasi MPN, interface aplikasi MPN ke core
banking
9 PT. KPSG Jakarta T Maintenance aplikasi Human Resouces Information
System
10 PT. Karisma Zona Kreatifku Jakarta T Maintenance Website
11 PT. Multipolar Technologies Jakarta T Maintenance hardware IBM core banking Finacle, database
Oracle &Websphere, File Server.
12 PT. Tridas Widiantara Jakarta T Maintenance aplikasi Anti Money Laundering
13 PT. Aplikanusa Lintasarta Jakarta T Penyedia jaringan antar Cabang/utama
14 PT. Primacom Jakarta T Penyedia jaringan antar Cabang/backup
15 PT. XL Axiata Jakarta T Penyedia jaringan antar Cabang/backup
16 PT. Telkom Jakarta T Penyedia jaringan antar Cabang/backup
17 PT. Sisnet Mitra Sejahtera Jakarta T Sewa Mesin ATM NCR

18 PT. Argenta Adhiloka Pratama Jakarta T Sewa Mesin ATM Diebold
19 PT. Deltasindo Raya Sejahtera Jakarta T Maintenance UPS Powerware
20 PT. Dimension Data Indonesia Jakarta T Penyedia Internet Banking Security Device, Network
Redesign.
21 PT. Astra Graphia Jakarta T Maintenance Internet Banking Security Device, pencetakan
& distribusi rekening Koran dan pembuatan e-statement
22 PT. Sigma Cipta Caraka Jakarta T Outsourcing Data Center
23 Bloomberg Finance, L.P. Singapore T Sewa Terminal Bloomberg
24 PT. Reuters Services Indonesia Jakarta T Sewa Terminal Reuters
25 PT. Tri Daya Asira Jakarta T Penyedia aplikasi Interface RTGS & SKN ke core banking
26 JTrust System Co Ltd Tokyo Y Penyedia aplikasi Garoon, hardware dan license
chromebox
27 PT. Rintis Sejahtera Jakarta T Maintenance jaringan ATM Prima
28 PT. Artajasa Jakarta T Maintenance jaringan ATM Bersama
29 SWIFT SCRL Jakarta T Penyedia jasa Swift
30 PT. Veda Praxis Jakarta T Jasa audit TI dan penetration test
31 PT. Infinetworks Jakarta T Penyedia sistem otentikasi dan token
32 PT. Artha MuliaTrijaya Jakarta T Penyedia License anti virus Symantec
33 PT. CyberindoAditama Jakarta T Penyedia jaringan internet
34 PT. Supra Primatama Nusantara Jakarta T Penyedia jaringan internet
35 PT. LinkNet Jakarta T Penyedia jaringan internet
36 PT. AT&T Global Network Jakarta T Penyedia line SWIFT
37 Infosys Limited Bangalore T Penyedia aplikasi core banking Finacle dan implementasi
38 PT. Persasi Jakarta T Penyedia dan pengembang aplikasi Tableau
39 PT. Qiscus Jakarta T Penyedia aplikasi dan pengembang Internal Messenger

Jtrust-U
40 PT. Sprint Asia Jakarta T Penyedia jasa aplikasi virtual assistance melalui media
chatting
41 PT. Blue Power Technology Jakarta T Penyedia jasa cloud service untuk Jtrust U
42 PT. Solmit Bangun Indonesia Bandung T Penyedia dan pengembang aplikasi RBBR

H. Informasi Lain yang Terkait dengan Tata Kelola H. Other Information Related to Good Corporate
Bank Governance
a) Intervensi pemilik/pemegang saham a) Interventions of owners/shareholders
Selama tahun 2018 tidak ada intervensi dari During 2018 there were no interventions from
pemegang saham. shareholders.
b) Perselisihan intern Bank yang mengganggu b) Bank internal disputes that disrupt the Bank’s
operasional dan/atau kelangsungan usaha operational and/or business operations
Bank During 2018 th ere were no internal bank
Selama tahun 2018 tidak terdapat perselisihan disputes that interfered with the Bank’s
intern Bank yang mengganggu operasional operational and/or business operations.
dan/atau kelangsungan usaha Bank. c) Issues arising from the impact of the Bank’s
c) Permasalahan yang timbul sebagai dampak remuneration policy
kebijakan remunerasi pada Bank During 2018 there were no problems arising as
Selama tahun 2018 tidak ada permasalahan a result of the Bank’s remuneration policy.
yang timbul sebagai dampak dari kebijakan
remunerasi pada Bank.

BAB VII PEMBERIAN DANA UNTUK KEGIATAN SOSIAL DAN KEGIATAN

POLITIK
CHAPTER VII Donation for Social and Political Activities
7.1 Pemberian Dana Untuk Kegiatan Sosial 7.1. Donation for Social Activities
Pemberian dana untuk Kegiatan Sosial merupakan Donation for Social Activities represents the
bentuk implementasi dari program tanggung jawab implementation of Corporate Social Responsibility
sosial perusahaan (Corporate Social Responsibility/ (CSR) program of PT Bank JTrust Indonesia Tbk. which
CSR) dari PT Bank JTrust Indonesia Tbk. yang diyakini is believed to be able to create better and conducive
nantinya dapat menciptakan kondisi masyarakat yang society, and be able to respond to various changes
lebih baik dan kondusif, serta mampu menanggapi in people’s lives that will ultimately create mutually
berbagai perubahan dalam kehidupan masyarakat beneficial relationships between PT Bank JTrust
yang pada akhirnya akan menciptakan hubungan Indonesia Tbk. and the wider community.
yang saling bermanfaat dan menguntungkan antara
PT Bank JTrust Indonesia Tbk. dengan masyarakat
luas.
PT Bank JTrust Indonesia Tbk. dalam melaksanakan PT Bank JTrust Indonesia Tbk in carrying out its
kegiatan operasional senantiasa berusaha operational activities has always been trying to create
menciptakan suasana yang lebih harmonis dengan a more harmonious atmosphere with the community in
masyarakat di sekitar khususnya dan masyarakat luas particular and with public in general so as to become
pada umumnya sehingga diharapkan dapat menjadi a preferable organization continuously in demand. The
perusahaan yang terus diminati, serta disukai oleh creation of a safe, comfortable and dynamic society is
masyarakat. Terciptanya lingkungan dalam masyarakat believed to be an ideal condition for the development
yang aman, nyaman, dan dinamis diyakini sebagai and sustainability of a business in any location.
kondisi ideal bagi perkembangan dan kelangsungan
dunia usaha di manapun.
Dilandasi suatu pemikiran bahwa perusahaan adalah Based on the idea that the Bank is a part of its
bagian dari suatu masyarakat di sekitarnya, maka PT surrounding society, PT Bank JTrust Indonesia Tbk
Bank JTrust Indonesia Tbk. menyadari bahwa sebagai realizes its social responsibility to develop and
perusahaan yang memiliki tanggung jawab sosial untuk empower the life of the surrounding community
mengembangkan dan memberdayakan kehidupan through “JTrust Peduli” program that focuses on
masyarakat di sekitarnya, melalui program “J Trust helping people in education, health and humanity,
Peduli” yang fokus membantu masyarakat dalam social and religion, environment, and emergency
bidang pendidikan, kesehatan, sosial, keagamaan, response to natural disaster.
lingkungan hidup, dan tanggap darurat terhadap
setiap bencana alam.
5 (Lima) Pilar CSR PT Bank JTrust Indonesia Tbk. 5 (Five) Pillars of CSR of PT Bank JTrust Indonesia
Tbk
Guna mewujudkan hal tersebut, maka PT Bank In order to realize the above matter, PT Bank JTrust
JTrust Indonesia Tbk. melakukan berbagai upaya Indonesia Tbk has made various efforts by considering
dengan memerhatikan 5 (lima) pilar Corporate Social 5 (five) pillars of Corporate Social Responsibility (CSR)
Responsibility/CSR sebagai prinsip dan dasar dalam as its principle and basis in the implementation of
pelaksanaan kegiatan terkait di lapangan. Adapun these activities on field. The five pillars are as follows:
kelima pilar CSR PT Bank JTrust Indonesia Tbk. adalah
sebagai berikut:
• Building Human Capital • Building Human Capital
Secara internal, Bank berupaya untuk menciptakan Internally, the Bank seeks to produce qualified
sumber daya manusia yang andal. Sedangkan human resources. While externally, the Bank
secara eksternal, Bank senantiasa berupaya always strives to empower the community, mainly
melakukan pemberdayaan masyarakat, utamanya through community development.
melalui community development.

• Strengthening Economies • Strengthening Economies
Bank berupaya mendapatkan laba dengan The Bank seeks profit by taking into account the
memerhatikan kepentingan dan kesejahteraan interests and economic welfare of the community,
ekonomi komunitas, khususnya di lingkungan particularly in the environment where the Bank
sekitar perusahaan beroperasi. operates.
• Assessing Social Tension • Assessing Social Tension

Bank senantiasa akan menjaga keharmonisan The Bank will always maintain harmony with
dengan masyarakat, khususnya masyarakat sekitar the community, specifically the surrounding
supaya tidak menimbulkan konflik. community so as to avoid any conflict.
• Encouraging Good Governance • Encouraging Good Governance

Dalam menjalankan bisnisnya, Bank senantiasa In conducting its business, the Bank always
menjalankan praktik Good Corporate Governance performs well-implemented Good Corporate
(GCG) dengan baik dan sesuai dengan peraturan Governance (GCG) and in accordance with
yang berlaku. applicable regulations.
• Protecting The Environment

Bank senantiasa berupaya menjaga kelestarian • Protecting The Environment
lingkungan dan alam sekitarnya guna terwujudnya The Bank always strives to preserve the
bumi yang layak huni bagi generasi anak-cucu environment and its natural surroundings in order
kelak. to realize a livable earth for future generations.
Program dan Kegiatan CSR Tahun 2018 CSR Programs and Activities in 2018
Sepanjang tahun 2018 PT Bank JTrust Indonesia Tbk. During 2018 PT Bank JTrust Indonesia Tbk continues
terus berperan serta dalam membangun masyarakat to participate in building communities through
melalui kerangka pelaksanaan program CSR, dengan the framework of CSR program implementation,
rincian penyaluran dana yang fokus pada kegiatan di particularly donation which focuses on education,
bidang pendidikan, kesehatan dan kemanusiaan, serta health and humanity, social and religious activities.
sosial dan keagamaan.
1. Pendidikan 1. Education
• Sesuai dengan Peraturan Presiden Republik • In line with the Presidential Decree of Indonesia
Indonesia (Perpres) No. 82 Tahun 2016 tentang No. 82/2016 on Financial Inclusion National
Strategi Nasional Keuangan Inklusif (SNKI) Strategy in increasing financial literacy and
dalam rangka peningkatan literasi dan inklusi inclusion to the society, PT Bank JTrust Indonesia
keuangan terhadap masyarakat, PT Bank JTrust Tbk. held educational activities called”Education
Indonesia Tbk. menyelenggarakan kegiatan on Let’s Save Movement” held on 23 October
edukasi berupa “Edukasi Gerakan Ayo 2018 in SD Yasporbi I Jl. Deposito – South Jakarta.
Menabung” yang dilaksanakan pada tanggal The activity aims as an introductory education
23 Oktober 2018, bertempat di SD Yasporbi on banking transaction and operating activity
I Jl. Deposito – Jakarta Selatan. Kegiatan simulation in a bank (Mini Bank). The expense for
ini bertujuan sebagai edukasi pengenalan this activity was Rp4,500,000 (Four Million Five
mengenai transaksi perbankan dan simulasi Hundred Thousand Rupiah).
kegiatan operasional di dalam bank (Mini
Bank). Biaya yang dikeluarkan untuk kegiatan
ini adalah sebesar Rp4.500.000 (Empat Juta
Lima Ratus Ribu Rupiah).
• Sebagai salah satu wujud kepedulian PT Bank • As part of care of PT Bank JTrust Indonesia Tbk.
JTrust Indonesia Tbk. terhadap Keselamatan on Driving Safety, PT Bank JTrust Indonesia Tbk.
Berkendara, PT Bank JTrust Indonesia Tbk. handed over SNI-standard helmets to the Members
menyerahkan helm standar SNI kepada of Serba Usaha Cooperative of Susu Bendera (PT
Anggota Koperasi Serba Usaha Susu Bendera Frisian Flag Indonesia) on Jl. Raya Bogor – East
(PT Frisian Flag Indonesia) di Jl. Raya Bogor Jakarta on 25 July 2018. The helmet haning over
– Jakarta Timur pada tanggal 25 Juli 2018. was aimed to providing education to employees
Penyerahan helm ini bertujuan memberikan of PT Frisian Flag Indonesia through the Employee
edukasi kepada karyawan PT Frisian Flag Benefit Program (EBP) on driving safety to reduce

Indonesia melalui program Employee the number of traffic accidents which can create
Benefit Program (EBP) tentang keselamatan work productivity.
berkendara sehingga dapat menekan angka
kecelakaan lalu lintas yang akhirnya dapat
meningkatkan produktivitas kerja.
2. Kesehatan dan Kemanusiaan 2. Health and Humanity

Program rutin PT Bank JTrust Indonesia Tbk. PT Bank JTrust Indonesia Tbk routine program
dalam kegiatan CSR di bidang Kesehatan dan in CSR activities in Health and Humanity is the
Kemanusiaan adalah penyelenggaraan Kegiatan conduct of Blood Donor activities in collaboration
Donor Darah yang bekerja sama dengan Palang with Indonesian Red Cross (PMI) Tangerang
Merah Indonesia (PMI) cabang Kota Tangerang. branch. This activity is held twice which was
Kegiatan tersebut diselenggarakan sebanyak dua located in the Prambanan Temple Room - Grand
kali, yaitu belokasi di Ruang Candi Prambanan – Sahid Jaya Hotel on August 8, 2018 and in the
Hotel Grand Sahid Jaya pada tanggal 8 Agustus Multipurpose Room Sakura - Gedung Sahid
2018 dan di Ruang Serbaguna Sakura - Gedung Sudirman Center, 35th floor on December 5,
Sahid Sudirman Center lantai 35 pada tanggal 2018. Blood Donor Activities are held routinely
5 Desember 2018. Kegiatan Donor Darah selalu every year, with blood participants coming from
diadakan rutin setiap tahunnya, dengan peserta internal banks, employees of Grand Sahid Jaya
donor darah berasal dari internal Bank, Karyawan Hotel and employees from companies with offices
Grand Sahid Jaya Hotel serta karyawan dari in Gedung Sahid Sudirman Center - Jakarta. The
Perusahaan yang berkantor di lingkungan Gedung funds needed for the above activities amount to
Sahid Sudirman Center – Jakarta. Dana yang Rp11,906,800 (Eleven Million Nine Hundred Six
dibutuhkan untuk kegiatan di atas adalah sebesar Thousand Eight Hundred Rupiah).
Rp11.906.800 (Sebelas Juta Sembilan Ratus Enam
Ribu Delapan Ratus Rupiah).
3. Sosial dan Keagamaan 3. Social and Religion

Bentuk kegiatan program CSR dalam bidang CSR program activities in Social and Religion
Sosial dan Keagamaan yang dijalankan oleh PT conducted by PT Bank JTrust Indonesia Tbk in the
Bank JTrust Indonesia Tbk. pada tahun 2018 year 2018 are as follows:
adalah berupa:
• Pelaksanaan Kegiatan Natal 2017 yang • Christmas Activities 2017 held at Auditorium
dilaksanakan di Ruang Auditorium Sahid Sahid Sudirman Residence Room A-5th floor
Sudirman Residence Room A lantai 5 pada on January 5, 2018. The activity was preceded
tanggal 5 Januari 2018. Kegiatan tersebut by a donation activity to the Panti Bhakti
didahului oleh kegiatan donasi kepada Luhur which focused on providing care for
Panti Bhakti Luhur yang berfokus dalam around 30 children with special needs. For
memberikan perawatan terhadap sekitar this activity, the Bank’s management provided
30 anak-anak berkebutuhan khusus. Untuk cash assistance amounting to Rp57,043,500
kegiatan ini, manajemen Bank memberikan (Fifty Seven Million Forty Three Thousand
bantuan uang tunai sebesar Rp57.043.500 Five Hundred Rupiah).
(Lima Puluh Tujuh Juta Empat Puluh Tiga Ribu
Lima Ratus Rupiah).
• Pemberian Santunan bagi Anak Yatim Piatu • Donation to orphans in Jakarta and its
di Daerah Jakarta dan Sekitarnya, bekerja surrounding areas, in collaboration with Al-
sama dengan Yayasan Al-Fajr – Panti Yatim Fajr Foundation which is held at Jl. Tebet Barat
Indonesia dan berlokasi di Jl. Tebet Barat IV No.4 South Jakarta. The event was held on
IV No. 4 Jakarta Selatan. Kegiatan tersebut May 31, 2018, to celebrate the Holy Month of
dilaksanakan pada tanggal 31 Mei 2018, Ramadhan 1439 H. The Management of Bank
bertepatan dengan Bulan Suci Ramadhan 1439 provides donation in the form of stationery, dry
H. Manajemen Bank memberikan santunan food and cash. The total expenses incurred for
berupa alat-alat tulis, makanan kering, dan such activities are amounting to Rp41,722,000
uang tunai. Seluruh kebutuhan dana yang (Forty One Million Seven Hundred Seventy
diperlukan dalam kegiatan tersebut adalah Two Thousand Rupiah).
sebesar Rp41.772.000 (Empat Puluh Satu Juta
Tujuh Ratus Tujuh Puluh Dua Ribu Rupiah).

• Pemotongan Hewan Kurban Dalam Rangka • Slaughtering of sacrificial animals in
Memperingati Hari Raya Idul Adha 1439 H, PT commemoration of Eid al-Adha 1439 H where
Bank JTrust Indonesia Tbk. turut memeriahkan PT Bank JTrust Indonesia Tbk participates and
dan mendukung kegiatan rutin keagamaan supports the routine religious activities, which
tersebut yang dilaksanakan bertepatan dengan is held to celebrate Eid al-Adha on August
Hari Raya Idul Adha pada tanggal 24 Agustus 24, 2018, located at Masjid Al-Hikmah, Jl. Dr.
2018, berlokasi di Masjid Al-Hikmah, Jln. Dr. Soetomo, Surabaya. The location was chosen
Soetomo Surabaya. Lokasi tersebut dipilih because it was still in the J Trust Bank branch
dikarenakan masih dalam lingkungan kantor J of Surabaya - Darmo. During the sacrificial
Trust Bank cabang Surabaya – Darmo. Dalam animal slaughtering event, the Bank’s
acara pemotongan hewan kurban tersebut, management donated a cow at a price of
Manajemen Bank menyumbangkan satu ekor Rp27,000,000 (Twenty Seven Million Rupiah).
sapi dengan harga senilai Rp27.000.000 (Dua
Puluh Tujuh Juta Rupiah).
• Pemberian Santunan bagi Korban Bencana • Donation for Disaster Victims in Palu -
Palu – Donggala, PT Bank JTrust Indonesia Donggala, PT Bank JTrust Indonesia Tbk.
Tbk. turut bersimpati atas kejadian Tsunami, sympathize with devastating Tsunami, soil
Likuifaksi, dan Gempa dahsyat yang meluluh- liquefaction and Earthquake in Palu, Sigi and
lantakkan Palu, Sigi, dan Donggala, Sulawesi Donggala, Central Sulawesi on September
Tengah pada 28 September 2018. Melalui 28, 2018. Through the Aksi Cepat Tanggap
lembaga Aksi Cepat Tanggap (ACT), (ACT), Management and Employees of
Manajemen beserta Karyawan PT Bank JTrust PT Bank JTrust Indonesia Tbk provide
Indonesia Tbk. memberikan bantuan sebesar assistance in the amount of Rp10,000,000
Rp10.000.000 (Sepuluh Juta Rupiah) yang (Ten Million Rupiah) submitted on November
diserahkan pada 19 November 2018. 19, 2018.
Rencana CSR tahun 2019 CSR Plans in 2019

Untuk tahun 2019, Bank akan menerapkan Kebijakan In 2019, the Bank will implement CSR Policy with
CSR dengan fokus pada kegiatan 5 (lima) pilar CSR PT a focus on the activities of 5 (five) pillars of CSR of
Bank JTrust Indonesia Tbk. sebagaimana yang telah PT Bank JTrust Indonesia Tbk as described above. For
diuraikan sebelumnya. Adapun rencana program CSR CSR program plan in 2019, there are some activities
pada tahun 2019 terdapat beberapa kegiatan yang continuing from previous years. However, a number of
masih merupakan pelaksanaan pada tahun-tahun activities are significant in scale and are planned to
sebelumnya. Namun, ada beberapa kegiatan yang continue in accordance with the Bank’s ability.
cukup besar dan direncanakan akan dijalankan sesuai
dengan kemampuan perusahaan.
Rencana program kegiatan CSR pada tahun 2019 CSR program plans in 2019 include:
meliputi:
• Donor darah • Blood donors
• Santunan Anak Yatim • Donations for orphans
• Donasi terhadap korban Bencana Alam di • Donations to victims of natural disasters in
Indonesia Indonesia
• Kegiatan Kurban • Sacrificial Activities
• Sumbangan untuk berbagai kegiatan sosial, • Donations for various social, educational,
pendidikan, lingkungan yang menganut asas environmental activities that embrace the
manfaat, lestari, dan berkelanjutan (sustainability) principles of benefit, continuity and sustainability,
• Edukasi kepada nasabah dan/atau masyarakat • Education to customers and/or public regarding
mengenai produk dan jasa layanan perbankan. banking products and services.
Kegiatan tanggung jawab sosial PT Bank JTrust Social responsibility activities of PT Bank JTrust
Indonesia Tbk. pada tahun 2019 akan disesuaikan Indonesia Tbk in 2019 will be adjusted to the financial
dengan kemampuan keuangan serta potensi ability and also other potential risks, without prejudice
risiko lainnya, dengan tidak mengurangi kewajiban to the obligations set forth in the provisions of the
sebagaimana yang ditetapkan dalam ketentuan laws and regulations of Financial Services Authority
peraturan perundang-undangan serta peraturan related to the Bank’s business activities.
Otoritas Jasa Keuangan yang terkait dengan kegiatan
usaha Perseroan.

7.2 Pemberian Dana Untuk Kegiatan Politik 7.2 Donation for Political Activities
Sebagaimana tahun-tahun sebelumnya, selama Similar to prior years, during 2018 PT Bank JTrust
tahun 2018 PT Bank JTrust Indonesia Tbk. tidak Indonesia Tbk has never been involved in political
pernah melakukan kegiatan politik atau memberikan activities or made donations for political activities.
sumbangan dana untuk kegiatan politik.
Nama Kegiatan Politik Jumlah | Total

No
Name of Political Activities (Rp)
NIHIL

BAB VIII PENERAPAN PEDOMAN TATA KELOLA PERUSAHAAN TERBUKA
CHAPTER VIII Implementation of Public Company Governance Guidelines
Sebagai Perusahaan Terbuka, PT Bank JTrust Indonesia As a Public Company, PT Bank JTrust Indonesia
Tbk wajib memenuhi Pedoman Tata Kelola Perusahaan Tbk is required to comply with the Public Company
Terbuka yang diatur dalam Peraturan Otoritas Jasa Governance Guidelines set in the Financial Services
Keuangan (POJK) Nomor 21/POJK.04/2015 tanggal Authority Regulation (POJK) No. 21/POJK.04/2015
16 November 2015 tentang Penerapan Pedoman Tata dated November 16, 2015, on the Implementation of
Kelola Perusahaan Terbuka, dan Surat Edaran Otoritas Public Company Governance Guidelines and Circular
Jasa Keuangan (SEOJK) Nomor 32/SEOJK.04/ 2015 Letter of Financial Services Authority (SEOJK) No. 32/
tanggal 17 November 2015 tentang Pedoman Tata SEOJK.04/2015 dated November 17, 2015, on Public
Kelola Perusahaan Terbuka. Company Governance Guidelines.
Pedoman Tata Kelola Perusahaan Terbuka memuat Public Company Governance Guidelines covers
praktik tata kelola perusahaan yang baik sesuai good corporate governance practices in line with
dengan praktik internasional mencakup 5 (lima) international practices comprising 5 (five) aspects,
aspek, dan 8 (delapan) prinsip tata kelola perusahaan and 8 (eight) good corporate governance principles,
yang baik, serta 25 (dua puluh lima) rekomendasi and 25 (twenty five) recommendations for
penerapan aspek dan prinsip tata kelola perusahaan implementing good corporate governance aspects
yang baik berdasarkan pendekatan “Comply or and principles based on the “Comply or Explain”
Explain”. Penerapan di PT Bank JTrust Indonesia Tbk approach. Implementation in PT Bank JTrust Indonesia
adalah sebagai berikut: Tbk is as follows:
Penerapan di PT Bank JTrust Indonesia Tbk

Aspek Prinsip Rekomendasi (Comply or Explain)
Aspect Principle Recommendations Implementation in PT Bank JTrust
Indonesia Tbk (Comply or Explain)
1. Hubungan Prinsip 1: 1.1 Perusahaan Terbuka memiliki Comply.
Perusahaan Meningkatkan Nilai cara atau prosedur teknis - Semua keputusan diambil berdasarkan
Terbuka Dengan Penyelenggaraan pengumpulan suara (voting) musyawarah untuk mufakat. Dalam hal
Pemegang Rapat Umum baik secara terbuka maupun keputusan berdasarkan musyawarah untuk
Saham Dalam Pemegang Saham tertutup yang mengedepankan mufakat tidak tercapai, makakeputusan
Menjamin Hak-Hak (RUPS). independensi, dan kepentingan diambil dengan suara setuju lebih dari ½
Pemegang Saham. pemegang saham. (satu per dua) bagian dari jumlah suara
Principle 1: yang dikeluarkan secara sah dalam rapat.
Listed Company Increase the Value of 1.1 The Listed Company has technical - Apabila suara yang setuju dan yang tidak
Relationships General Shareholders’ or voting procedures either in an setuju berimbang, maka Pemimpin rapat
With Shareholders Meeting (GMS). open or closed method, which akan menentukan.
In Ensuring prioritizes the independence and - Prosedur teknis pengumpulan suara
Shareholder interests of shareholders. (voting) baik secara terbuka maupun
Rights. tertutup yang mengedepankan
independensi, dan kepentingan pemegang
saham, diatur dalam Kebijakan Rapat
Direksi.
Comply.
- All decisions are made based on
deliberate consensus. In the case that
deliberate consensus is not reached, then
the decision is made by voting of more
than ½ (half) part of voting rights legally
made in the meeting.
- If the number of agree and disagree votes
are equal, then the meeting’s Chairman
has the right to make decision.
- Technical procedure for votings both
in open or closed doors prioritize
independence, and shareholders’ interests,
regulated in the Meetings Policy of Board
of Directors.


1.2 Seluruh anggota Direksi dan Comply.
anggota Dewan Komisaris - Rapat Umum Pemegang Saham Tahunan
Perusahaan Terbuka hadir dalam (RUPS Tahunan) merupakan hirarki
RUPS Tahunan. tertinggi dalam organisasi perusahaan
yang mempunyai kewenangan yang tidak
1.2 All members of the Board of diberikan kepada Dewan Komisaris atau
Directors and members of the Direksi Perseroan dalam batas-batas
Board of Commissioners of the yang ditentukan dalam Undang-Undang
Public Company are present at RI No. 40 Tahun 2007 tentang Perseroan
the Annual GMS. Terbatas dan Anggaran Dasar Perseroan
Pasal 19.
- Dengan demikian Seluruh Anggota Direksi
dan anggota Dewan Komisaris hadir
dalam RUPS Tahunan.
- Apabila ada Anggota Direksi dan anggota
Dewan Komisaris berhalangan hadir
dalam RUPS Tahunan maka ybs harus
memberitahukan secara tertulis atas
ketidakhadirannya dengan alasan yang
jelas.
Comply.
- Annual General Meeting of Shareholders
(Annual GMS) is the highest hierarchy in
company organizations that has authority
not given to the Board of Commissioners
or Board of Directors of the Company
within the limits specified in Law No.
40 of 2007 concerning Limited Liability
Companies and the Company’s Articles of
Association Article 19.
- Thus all Members of the Board of
Directors and members of the Board of
Commissioners are present at the Annual
GMS.
- If there are Members of the Board of
Directors and members of the Board
of Commissioners unable to attend the
Annual GMS, then they must notify in
writing of their absence for obvious
reasons.
1.3 Ringkasan risalah RUPS tersedia Comply.
dalam Situs Web Perusahaan Ringkasan risalah RUPS tersedia dalam Situs
Terbuka paling sedikit selama 1 Web PT Bank JTrust Indonesia Tbk paling
(satu) tahun. sedikit selama 1 (satu) tahun.
1.3 Summary of minutes of the GMS is Comply.

available on the Listed Company The Summary of Minutes of GMS is on the
Website for at least 1 (one) year. Website of PT Bank JTrust Indonesia for at
least 1 (one) year.
Prinsip 2: 2.1 Perusahaan Terbuka memiliki Comply.
Meningkatkan suatu kebijakan komunikasi PT Bank JTrust Indonesia Tbk memiliki
Kualitas Komunikasi dengan pemegang saham atau kebijakan komunikasi dengan pemegang
Perusahaan Terbuka investor. saham atau investor.
dengan Pemegang
Saham atau Investor 2.1 A Listed Company maintains Comply.
a communication policy with PT Bank JTrust Indonesia Tbk maintains a
Principle 2: shareholders or investors. communication policy with shareholders or
Improve the Quality investors.
of Communication
between Listed
Company and
Shareholders or
Investors

2.2 Perusahaan Terbuka Comply.
mengungkapkan kebijakan PT Bank JTrust Indonesia Tbk telah
komunikasi Perusahaan Terbuka mengungkap-kan kebijakan komunikasi
dengan pemegang saham atau Perseroan dengan pemegang saham atau
investor dalam Situs Web. investor dalam Situs Website.
2.2 A Listed Company discloses Comply.

its communication policy with PT Bank JTrust Indonesia Tbk has disclosed
shareholders or investors in the its communication policy with shareholders
Website. or investors in the Website.
2. Fungsi dan Peran Prinsip 3: 3.1 Penentuan jumlah anggota Dewan Comply.
Dewan Komisaris. Memperkuat Komisaris mempertimbangkan - Penentuan jumlah anggota Dewan
Keanggotaan dan kondisi Perusahaan Terbuka. Komisaris mempertimbangkan kondisi
The Function and Komposisi Dewan Perusahaan Terbuka, serta mengacu
Role of the Board Komisaris. 3.1 Determination of the number kepada Peraturan Otoritas Jasa Keuangan
of Commissioners. of members of the Board of (POJK) No. 55/POJK.03/ 2016 tentang
Principle 3: Commissioners considering the Penerapan Tata Kelola Bagi Bank Umum.
Strengthening conditions of the Listed Company. - Jumlah komposisi Dewan Komisaris
the Membership adalah sebagai berikut:
and Composition • Anggota Dewan Komisaris 4 (empat)
of the Board of orang, termasuk 2 (dua) orang
Commissioners. Komisaris Independen dan 1 (satu)
orang Komisaris Utama.
• Anggota Dewan Komisaris yang
berdomisili di Indonesia sebanyak
3 (tiga) orang, 1 (satu) orang
berkewarganegaraan Jepang namun
berdomisili di Jepang.
• Jumlah anggota Komisaris Independen
adalah 50% dari jumlah keseluruhan
anggota Dewan Komisaris.
Comply.
- Determination on the number of members
of the Board of Commissioners considers
the condition of the Public Company, and
refers to the Financial Services Authority
Regulation (POJK) No. 55/POJK.03/2016
concerning Implementation of Governance
- The composition of Board of
Commissioners is as follows:
• Members of the Board of
Commissioners were 4 (four) people,
including 2 (two) Independent
Commissioners and 1 (one) President
Commissioner.
• Members of the Board of
Commissioners who are domiciled in
Indonesia are 3 (three) people, 1 (one) is
a Japanese national and is domiciled in
Japan.
• The number of Independent
Commissioners is 50% of the total
number of members of the Board of
Commissioners.


3.2 Penentuan komposisi anggota Comply.
Dewan Komisaris memperhatikan Penentuan komposisi 4 (empat)
keberagaman keahlian, orang anggota Dewan Komisaris
pengetahuan, dan pengalaman Bank memperhatikan keberagaman
yang dibutuhkan. keahlian, pengetahuan, dan pengalaman
sejalan dengan kriteria utama dengan
3.2 Determination of the composition mempertimbang-kan integritas, kompetensi,
of members of the Board of profesionalisme dan reputasi keuangan yang
Commissioners takes into account memadai sesuai dengan persyaratan uji
the diversity of skills, knowledge, kemampuan dan kepatutan (Fit and Proper
and experience required. Test) yang telah ditetapkan oleh Otoritas
Jasa Keuangan (OJK).
Comply.
Determination of the composition of 4 (four)
members of the Board of Commissioners of
the Bank paying attention to the diversity
of expertise, knowledge and experience in
line with the main criteria by considering
integrity, competency, professionalism and
sufficient financial reputation in accordance
with the fit and proper test determined by
the Financial Services Authority (OJK).
Prinsip 4: 4.1 Dewan Komisaris mempunyai Comply.
Meningkatkan Kualitas kebijakan penilaian sendiri (self - Pihak yang melakukan assessment
Pelaksanaan Tugas assessment) untuk menilai kinerja terhadap kinerja Dewan Komisaris adalah
dan Tanggung Jawab Dewan Komisaris. pemegang saham (shareholder).
Dewan Komisaris. - Tahapan proses untuk menilai kinerja
4.1 The Board of Commissioners has Dewan Komisaris dilakukan langsung
Principle 4: a self assessment policy to assess oleh Pemegang Saham (shareholder)
Improve the Quality the performance of the Board of mayoritas.
of Implementation Commissioners. - Indikator yang digunakan untuk menilai
of Duties and kinerja Dewan Komisaris adalah Key
Responsibilities Performance Indicator (KPI) yang disusun
of the Board of dan dinilai langsung oleh pemegang
Commissioners. saham (shareholder) mayoritas.
Comply
- The party conducting assessment
on the performance of the Board of
Commissioners is shareholders.
- Stages of the process to assess
the performance of the Board of
Commissioners are carried out directly by
majority Shareholders.
- The indicator used to assess the
performance of the Board of
Commissioners is the Key Performance
Indicator (KPI) which is compiled
and assessed directly by majority
shareholders.
4.2 Kebijakan penilaian sendiri (self Comply.
assessment) untuk menilai kinerja Kebijakan penilaian sendiri (self assessment)
Dewan Komisaris, diungkapkan untuk menilai kinerja Dewan Komisaris,
melalui Laporan Tahunan diungkapkan melalui Laporan Tahunan Bank.
Perusahaan Terbuka.
Comply
4.2 The self assessment policy to Self assessment policy to assess the
assess the performance of the performance of the Board of Commissioners
Board of Commissioners is are disclosed through the Bank’s Annual
disclosed through the Annual Report.
Report of the Listed Company.

4.3 Dewan Komisaris mempunyai Comply.
kebijakan terkait pengunduran Kebijakan terkait Dewan Komisaris untuk
diri anggota Dewan Komisaris mengundurkan diri diatur dalam pasal
apabila terlibat dalam kejahatan 14.8 hingga pasal 14.12 Anggaran Dasar
keuangan. Perusahaan. Pengunduran diri tersebut
wajib ditindaklanjuti dengan RUPS. Selain
4.3 The Board of Commissioners has itu dalam hal terjadi pelanggaran anggota
policies related to the resignation Dewan Komisaris, RUPS juga diberikan hak
of members of the Board of untuk memberhentikan Dewan Komisaris
Commissioners if they are sewaktu-waktu (dalam hal ini misalnya
involved in financial crimes. adanya pelanggaran atau kejahatan
keuangan yang dilakukan oleh anggota
Dewan Komisaris yang bersangkutan).
Comply.
Policies related to the right of members
of the Board of Commissioners to resign
are regulated in Articles 14.8 to 14.12 of
the Company’s Articles of Association.
Such resignation shall be followed up
by the GMS. In addition, in the event
of any violation of the members of the
Board of Commissioners, the GMS is also
given the right to discharge the Board of
Commissioners at any time (in this case,
for example, financial crime committed by
member of the Board of Commissioners).
4.4 Dewan Komisaris atau Komite Comply.
yang menjalankan fungsi Dewan Komisaris melalui Komite Remunerasi
Nominasi dan Remunerasi & Nominasi yang menjalankan fungsi
menyusun kebijakan suksesi Nominasi dan Remunerasi menyusun
dalam proses Nominasi anggota Kebijakan suksesi dalam proses Nominasi
Direksi. anggota Direksi yang telah diatur dalam
Piagam Komite Nominasi & Remunerasi
4.4 The Board of Commissioners or tercantum pada tugas, tanggung jawab dan
the Committee performing the wewenang.
Nomination and Remuneration
functions shall establish a Comply.
succession policy in the process The Board of Commissioners through
of Nomination of members of the the Remuneration & Nomination
Board of Directors Committee which runs the Nomination
and Remuneration function has designed
succession policy in the Nomination
process of members of Board of Directors
as stated in the Charter of Nomination &
Remuneration Committee in the task, role
and authority.
3. Fungsi dan Peran Prinsip 5: 5.1 Penentuan jumlah anggota Comply.
Direksi. Memperkuat Direksi mempertimbangkan Penentuan jumlah anggota Direksi
Keanggotaan dan kondisi Perusahaan Terbuka serta sebagaimana mengacu kepada ketentuan
Function and Role Komposisi Direksi. efektivitas dalam pengambilan Peraturan perundang-undangan yang
of Directors. keputusan. berlaku, dimana berdasarkan POJK No.33/
Principle 5: POJK.04/2014 tentang Direksi dan Dewan
Strengthening the 5.1 Determination of the number Komisaris Emiten atau Perusahaan Publik.
Membership and of members of the Board of dimana masing-masing anggota Direksi
Composition of the Directors takes into consideration sudah membidangi sesuai dengan komposisi
Board of Directors. the conditions of the Listed masing-masing.
Company and the effectiveness of
decision making. Comply.
Determination of the number of members
of the Board of Directors refers to
the provisions of applicable laws and
regulations, which are based on POJK
No.33/POJK.04/2014 concerning Directors
and Board of Commissioners of Issuers or
Public Companies, where each member of
the Board of Directors has been in charge
according to their respective composition.


5.2 Penentuan komposisi anggota Comply.
Direksi memperhatikan Komposisi anggota Direksi Perusahaan
keberagaman, keahlian, memiliki latar belakang yang beragam atas
pengetahuan, dan pengalaman keahlian, pengetahuan dan pengalaman yang
yang dibutuhkan. dibutuhkan.
Hal tersebut dapat dilihat dari profil
5.2 Determination of the composition masing-masing Direksi, keberagaman Direksi
of the members of the Board of tersebut dibutuhkan Perusahaan dalam
Directors takes into account the rangka memperkaya budaya dan dapat
diversity, expertise, knowledge, mengisi kesenjangan serta kekosongan yang
and experience required. mungkin terjadi.
Comply.
Composition of members of the Company’s
Board of Directors has a diverse background
for the expertise, knowledge and experience
needed.
This can be seen from the profile of each
Board of Directors, the diversity of Directors
is needed by the Company in order to enrich
the culture and can fill gaps and emptiness
that might occur.
5.3 Anggota Direksi yang membawahi Comply.
bidang akuntansi atau keuangan Direktur Keuangan Perusahaan yaitu Bapak
memiliki keahlian dan/atau Helmi Arief Hidayat adalah lulusan S2
pengetahuan di bidang akuntansi. Adm. Bisnis UNKRIS, beliau juga seorang
ahli dalam keuangan dan mempunyai
5.3 Members of the Board of pengalaman kerja sejak tahun 2003-2009
Directors in charge of accounting menjabat sebagai Kepala Divisi Keuangan
or finance have expertise and/or Bank Akita dan tahun 2010 menjabat
knowledge in accounting. sebagai kepala Divisi Keuangan Bank Nobu.
Comply.
The Company’s Finance Director is Mr.
Helmi Arief Hidayat, a Master of Business
Administration of UNKRIS, who is also a
financial expert with work experience since
2003-2009 as Head of Finance Division of
Bank Akita and in 2010 as head of Finance
Division of Nobu Bank.
Prinsip 6: 6.1 Direksi mempunyai kebijakan Comply.
Meningkatkan Kualitas penilaian sendiri (self assessment) Setiap tahun Direksi melaporkan hasil
Pelaksanaan Tugas untuk menilai kinerja Direksi. kinerjanya untuk tahun berjalan dalam RUPS
dan Tanggung Jawab tahunan Bank. Selain itu Bank melakukan
Direksi. 6.1 The Board of Directors has its penilaian kinerja Direksi melalui pengisian
own assessment policy to assess kertas kerja Self Assessment Penerapan
Principle 6: the performance of the Board of Tata Kelola untuk faktor penilaian tugas dan
Improve the Quality Directors. tanggung jawab Direksi.
of Duties and
Responsibilities of the Comply.
Board of Directors. Each year the Board of Directors reports its
performance results for the current year in
the Bank’s annual GMS. In addition, the Bank
conducts a performance assessment of the
Board of Directors through the completion
of the Self Assessment Working Paper on
the Implementation of Good Corporate
Governance for the assessment of the duties
and responsibilities of the Board of Directors.

6.2 Kebijakan penilaian sendiri (self Comply.
assessment) untuk menilai kinerja Kebijakan penilaian sendiri (self assessment)
Direksi diungkapkan melalui untuk Penilaian realisasi kinerja Direksi pada
laporan tahunan Perusahaan tahun berjalan diungkapkan dalam Laporan
Terbuka. Tahunan Bank.
6.2 The self assessment policy to Comply.

assess the performance of the Self-assessment policy for the evaluation of
Board of Directors is disclosed the performance of the Board of Directors
through the Public Company’s in the current year is disclosed in the Bank’s
annual report. Annual Report.
6.3 Direksi mempunyai kebijakan Comply.
terkait pengunduran diri anggota Direksi mempunyai kebijakan terkait
Direksi apabila terlibat dalam pengunduran diri anggota Direksi apabila
kejahatan keuangan. terlibat dalam kejahatan keuangan.
6.3 The Board of Directors has a Comply.

policy related to the resignation The Board of Directors has a policy related
of members of the Board of to the resignation of members of the Board
Directors if involved in financial of Directors if involved in financial crimes.
crimes.
4. Partisipasi Prinsip 7: 7.1 Perusahaan Terbuka memiliki Comply.
Pemangku Meningkatkan kebijakan untuk mencegah Kebijakan mencegah insider trading diatur
Kepentingan. Aspek Tata Kelola terjadinya insider trading. dalam Etika Korporasi PT Bank JTrust
Perusahaan melalui Indonesia Tbk.
Participation of Partisipasi Pemangku 7.1 Public Company has a policy to
Stakeholders. Kepentingan. prevent insider trading. Comply.
The policy to prevent insider trading is set
Principle 7: in the Corporate Ethics of PT Bank JTrust
Improve the Aspects Indonesia Tbk.
of Corporate
Governance through
Stakeholder
Participation.
7.2 Perusahaan Terbuka memiliki Comply.
kebijakan anti korupsi dan anti Bank telah memiliki kebijakan anti korupsi
fraud. dan anti fraud yang dituangkan dalam
SOP Strategi Anti Fraud yang ditetapkan
7.2 Public Company has anti- berdasarkan Surat Keputusan Direksi PT
corruption and anti-fraud policies. Bank JTrust Indonesia Tbk No.03.06/S.
Kep-Dir-AFD/JTrust/XII/2015 tanggal 3
Desember 2015 tentang Revisi Ke-2 Standar
Operasional Prosedur (SOP) Strategi Anti
Fraud PT Bank JTrust Indonesia Tbk.
Comply.
The Bank has the anti-corruption and
anti-fraud policy set in a SOP of Anti Fraud
Strategy as stipulated in the Decision Letter
of the Board of Directors of PT Bank JTrust
Indonesia Tbk No.03.06/S.Kep-Dir-AFD/
JTrust/XII/2015 dated December 3, 2015, on
the 2nd Revision of Standard Operational
Procedure (SOP) of Anti Fraud Strategy of


kebijakan tentang seleksi dan Perusahaan memiliki kebijakan tentang
peningkatan kemampuan seleksi pemasok atau vendor yang
pemasok atau vendor. diungkapkan dalam bagian kebijakan dan
seleksi vendor pada laporan tahunan ini
7.3 A Listed Company has a policy melalui unit kerja procurement.
on the selection and upgrading of
suppliers or vendors. Comply.
The company has a policy regarding the
selection of suppliers or vendors disclosed in
the vendor’s policy and selection section on
this annual report through the procurement
work unit.
7.4 Perusahaan Terbuka memiliki Perusahaan menerapkan dan menghargai
kebijakan untuk pemenuhan hak- hak-hak kreditur dengan memperlakukan
hak kreditur. persamaan (equal treatment) kepada seluruh
kreditur, pelaksanaan hak dan kewajiban
7.4 A Listed Company has a policy to tepat waktu, dan tidak ada informasi
meet the rights of creditors. perusahaan yang disembunyikan (disclose).
The company applies and respects the rights

of creditors by making equal treatment
to all creditors, implementing rights and
obligations on time, and no company
information is hidden (disclose).
kebijakan sistem whistleblowing. Perusahaan sudah memiliki kebijakan
whistleblowing sebagaimana diungkapkan
7.5 Listed Company has a pada bagian Anti Fraud dan Anti Korupsi.
whistleblowing system policy.
Comply.
The company has a whistleblowing policy
as disclosed in the Anti-Fraud and Anti-
Corruption section.
kebijakan pemberian insentif Bank telah membuat kebijakan terkait
jangka panjang kepada Direksi pemberian insentif jangka panjang
dan karyawan. berdasarkan Surat Keputusan Direksi No.
02.03/S.Kep-Dir-HCD/ JTRUST/X/2017
7.6 Public Company has a long term tanggal 02 Oktober 2017 tentang Penetapan
incentive policy for the Board of Material Risk Taker (MRT), di antaranya
Directors and employees. mengatur para pihak yang ditetapkan
sebagai MRT yaitu Dewan Komisaris, Direksi,
dan Executive Vice President (EVP).
Bank masih mengkaji kebijakan terkait
dengan kebijakan pemberian insentif jangka
panjang bagi karyawan, dan akan dibuatkan
kebijakannya dengan mempertimbang-kan
Rencana Bisnis Bank di tahun 2019.
Comply.
The Bank has made a policy related to
providing long-term incentives based on
the Decree of the Board of Directors No.
02.03/S.Kep-Dir-HCD/JTRUST/X/2017
dated October 02, 2017, concerning the
Determination of Material Risk Taker
(MRT), among others regulating the parties
designated as MRT, namely the Board of
Commissioners, Board of Directors and
Executive Vice President (EVP).
The Bank is still reviewing policies related to
long-term incentives policy for employees,
and such policy will be made by considering
the Business Plan of the Bank in 2019.

5. Keterbukaan Prinsip 8: 8.1 Perusahaan Terbuka Comply.
Informasi. Meningkatkan memanfaatkan penggunaan Selain melalui Situs Website, Perseroan
Pelaksanaan teknologi informasi secara lebih juga menggunakan media social seperti
Information Keterbukaan Informasi. luas selain Situs Web sebagai Facebook, Instagram, YouTube dan Linke
Disclosure. media keterbukaan informasi. dll sebagai media keterbukaan informasi
Principle 8: Perseroan.
Improve the 8.1 Public Company utilizes the
Implementation of extensive use of information Comply.
Information Disclosure. technology besides the Website In addition to Website, the Company
as a tool for information also uses social media such as Facebook,
disclosure. Instagram, YouTube and LinkedIn as a media
for the Company’s information disclosure.
8.2 Laporan Tahunan Perusahaan Comply.
Terbuka mengungkapkan pemilik Komposisi pemegang saham publik telah
manfaat akhir dalam kepemilikan diungkapkan dalam Laporan Tahunan
saham Perusahaan Terbuka paling Perseroan.
sedikit 5% (lima persen), selain
pengungkapan pemilik manfaat Comply.
akhir dalam kepemilikan saham The composition of public shareholders has
Perusahaan Terbuka melalui been disclosed in the Annual Report of the
pemegang saham utama dan Company.
pengendali.
8.2 Public Company’s Annual Report

discloses the ultimate beneficial
owner in its shareholding
structure at least 5% (five per
cent), besides disclosing the
ultimate beneficial owner in
the share ownership go Public
Company through major
shareholders and controllers. 8.2
Public Company’s Annual Report
discloses the ultimate beneficial
owner in its shareholding
structure at least 5% (five per
cent), besides disclosing the
ultimate beneficial owner in
the share ownership go Public
Company through major
shareholders and controllers.
Laporan Hasil Penilaian Sendiri (Self Assessment) Report on the Self Assessment Results of the Bank’s
Penerapan Tata Kelola Bank GCG Implementation
• Penerapan Tata Kelola membutuhkan penilaian • GCG implementation requires assessment to
untuk melihat sejauh mana perkembangan observe the extent of progress toward the
terhadap prinsip-prinsip tata kelola yang telah implementation of GCG principles at PT Bank
dilaksanakan oleh PT Bank JTrust Indonesia Tbk. JTrust Indonesia Tbk. Such assessment is also
Penilaian tersebut juga bermanfaat untuk melihat beneficial to observe the extent of sustainable
sejauh mana kualitas penerapan tata kelola secara GCG implementation quality in the business
berkesinambungan ke dalam proses bisnis. process.
• PT Bank JTrust Indonesia Tbk secara rutin/ • PT Bank JTrust Indonesia Tbk routinely/
berkala telah melaksanakan Penilaian Sendiri periodically performs self-assessment on the GCG
(self assessment) Penerapan Tata Kelola sesuai Implementation in line with the regulations of
dengan ketentuan Otoritas Jasa Keuangan yang Financial Service Authority which require the Bank
mengharuskan bahwa Bank melakukan penilaian to perform their own internal self-assessment
sendiri secara internal (internal self assessment) toward GCG implementation.
terhadap penerapan tata kelola.

• Laporan Hasil Penilaian Sendiri (Self Assessment) • Result of Self-Assessment Report on the Bank’s
Penerapan Tata Kelola Bank dikelompokkan GCG Implementation is grouped into 5 (five)
dalam 5 (lima) kategori peringkat yaitu Peringkat ranking categories, namely Rank 1 (Very Good),
1 (Sangat Baik), Peringkat 2 (Baik), Peringkat 3 Rank 2 (Good), Rank 3 (Fairly Good), Rank 4 (Less
(Cukup Baik), Peringkat 4 (Kurang Baik), dan Satisfactory), and Rank 5 (Poor). Lower ranking
Peringkat 5 (Tidak Baik). Urutan peringkat yang order reflects a better GCG implementation.
lebih kecil mencerminkan penerapan tata kelola • Result of Self Assessment of GCG Implementation
yang lebih baik. in 2018:
• Hasil Penilaian Sendiri (Self Assessment)
Penerapan Tata Kelola Bank Tahun 2018 adalah:
Hasil Penilaian Sendiri (Self Assessment) Penerapan Tata Kelola Semester I/Posisi Juni 2018
Result of the Self-Assessment of GCG Implementation in First Semester/June 2018
Peringkat Definisi Peringkat
Rank Rank Definition
Cukup Baik
Individual 3
Fairly Good
Hasil Penilaian Sendiri (Self Assessment) Penerapan Tata Kelola Semester II/Posisi Desember 2018
Result of the Self-Assessment of GCG Implementation in Second Semester/December 2018
Cukup Baik
Individual 3
Fairly Good
Hasil penilaian sendiri (Self Assessment) Peringkat The Self Assessment Rating of Governance Factors
Faktor Tata Kelola oleh Bank untuk Semester II/ by the Bank for the Second Semester/Position in
Posisi Desember 2018 adalah Peringkat 3 (Cukup December 2018 is Rank 3 (Fairly Good), while the
Baik), sedangkan hasil penilaian Peringkat Faktor Tata results of Rating of Governance Factors by the Bank
Kelola oleh Bank untuk Semester I/Posisi Juni 2018 for the First Semester/Position in June 2018 is Rank
adalah Peringkat 3 (Cukup Baik) telah sesuai dengan 3 (Fairly Good), in accordance with the results of the
hasil penilaian OJK atas Peringkat Komposit (rating) OJK’s assessment of the Composite Rating of Bank’s
Tingkat Kesehatan Bank. Health Level.
• Berikut disampaikan Laporan Hasil Penilaian • The following is the Report on the Individual
Sendiri (Self Assessment) Individual Penerapan Self-Assessment Results of the Bank’s GCG
Tata Kelola PT Bank JTrust Indonesia Tbk untuk Implementation of PT Bank JTrust Indonesia, Tbk.
Posisi Desember 2018: for the position of December 2018:
Hasil Penilaian Sendiri (Self Assessment) Penerapan Tata Kelola

Result of the Self-Assessment of GCG Implementation
Individual 3 Cukup Baik
Fairly Good
Konsolidasi --- (jika ada subsidiary company)
Consolidation (if there are company subsidiaries)

Analisis | Analysis
Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor 55/ Based on the Regulation of Financial Services Authority No. 55/
POJK.03/2016 dan Surat Edaran Otoritas Jasa Keuangan Nomor 13/ POJK.03/2016 and Circular Letter of Financial Services Authority
SEOJK.03/2017 tentang Penerapan Tata Kelola Bagi Bank Umum, No. 13/SEOJK.03/2017 on the Implementation of Good Corporate
Bank telah melakukan Self Assessment Penerapan Tata Kelola Bank Governance for Commercial Banks, the Bank has conducted Self
dengan hasil sebagai berikut: Assessment of Banking Governance Implementation with the
following results:
A. Kekuatan Penerapan Tata Kelola Bank A. Strengths of Banking Governance Implementation
1. Governance structure adalah struktur kewenangan berikut 1. Governance Structure:

persyaratan pejabat yang ada di Bank sesuai dengan yang Governance structure is the structure of authority as well as
dipersyaratkan oleh peraturan perundangan yang berlaku. prevailing laws and regulations.
Implementasi governance structure dapat disampaikan Implementation of governance structure is, among others,
beberapa hal sebagai berikut: as follows:
• Jumlah, integritas dan kompetensi anggota Direksi, • The number, integrity and competency of members of
Dewan Komisaris serta Komite di bawah Dewan the Board of Directors, Board of Commissioners and
Komisaris telah memenuhi ketentuan yang berlaku. Committees under the Board of Commissioners have
Berdasarkan hasil keputusan Rapat Umum Pemegang met the applicable regulations. Based on the results
Saham (RUPS) Luar Biasa tanggal 20 September of the Extraordinary General Meeting of Shareholders
2018 jumlah anggota Dewan Komisaris Bank adalah (GMS) dated September 20, 2018, the number of
4 (empat) orang, sedangkan jumlah anggota Direksi members of the Bank’s Board of Commissioners is 4
Bank adalah 6 (enam) orang. (four), while the number of members of the Board of
• Kantor Akuntan Publik (KAP) telah memenuhi aspek Directors of the Bank is 6 (six).
legalitas serta standar profesional akuntan publik untuk • Public Accounting Firm/KAP has met the legal
melakukan audit laporan keuangan Bank/Perseroan. requirements and professional standards of public
• Bank terus menyusun dan merevisi atas Kebijakan accountant to audit the financial statements of the
dan Standar Operasional Prosedur sesuai kebutuhan Company.
Bank yang dapat mudah diakses oleh seluruh pegawai • The Bank continues to draft and revise Procedure
melalui sarana/media komunikasi email maupun aplikasi Operational Policies and Standards in accordance with
internal Bank yang tersedia, antara lain: Kebijakan dan the Bank’s needs, accessible to all employees through
Prosedur Perkreditan, Kebijakan dan Prosedur Bidang e-mail communication facilities and other internal
Human Capital, Kebijakan dan Prosedur Kepatuhan Bank applications, including: Credit Policies and
Bank, dan lain sebagainya. Procedures, Human Capital Policies and Procedures,
• Teknologi Sistem Informasi cukup memadai untuk Bank Compliance Policies and Procedure, etc.
mengakomodir kebutuhan/proses bisnis Bank maupun • Information System Technology is sufficient to
sistem informasi manajemen dan pelaporan yang accommodate the needs/business processes of the
akurat dan tepat waktu (meminimalisir penggunaan Bank as well as accurate and timely management and
data manual) dengan implementasi New Core Banking reporting information systems (minimizing the use of
System (Finacle). manual data) with the implementation of New Core
• Untuk memonitor dan mengimplementasikan Banking System (Finacle).
pemberian penghargaan (reward) untuk unit kerja/ • To monitor and implement rewards for work units/
PIC yang telah bekerja secara luar biasa/berprestasi PICs that have extraordinary/high achieving works and
dan sanksi (punishment) kepada karyawan yang tidak sanctions (punishment) to employees that are not only
hanya terbatas atas hasil pemeriksaan/temuan Internal limited to the results of Internal Control examinations/
Control oleh SKAI, Anti Fraud Department, dan Quality findings by SKAI, Anti Fraud Department, and Quality
Assurance (QA) di bawah Risk Management Division, Assurance (QA) under the Risk Management Division,
maka PT Bank JTrust Indonesia Tbk telah membentuk PT Bank JTrust Indonesia Tbk has established a Reward
Komite Reward & Punishment berdasarkan Memo & Punishment Committee based on the Memo of
Persetujuan Direksi No.21.01/MEMO/SKMR/IX/2018 Directors’ Approval No.21.01/MEMO/SKMR/IX/2018
tanggal 21 September 2018 yang menggantikan Komite dated 21 September 2018 which replaces the previous
Internal Control yang ada sebelumnya. Internal Control Committee.
• Bank telah melakukan evaluasi dan perubahan struktur • The Bank has evaluated and changed the organizational
organisasi Kantor Pusat dalam rangka penerapan structure of the Headquarters in order to implement
prinsip-prinsip tata kelola yang baik yang disesuaikan/ good governance principles that are adjusted/updated
dikinikan dengan rencana, perkembangan dan with the Bank’s plans, developments and business needs
kebutuhan bisnis Bank ke depan serta ketentuan in the future as well as applicable external provisions.
eksternal yang berlaku. Telah ditetapkan dengan SK It has been determined by the Directors Decree No.
Direksi No. 24.04/S.Kep-DIR-HCD/JTRUST/X/2018 24.04/S.Kep-DIR-HCD/JTRUST/X/2018 dated October
tanggal 24 Oktober 2018 yang berlaku efektif tanggal 24, 2018 which was effective on November 1, 2018.
01 November 2018.

Analisis | Analysis
2. Governance Process adalah pengaturan mengenai tugas, 2. Governance Process:
wewenang dan tanggung jawab unit dan pejabat bank Governance Process is the arrangement of task, authority
dalam menjalankan bisnis dan operasional perbankan. and responsibility of units and bank officials in running
business and banking operations.
Implementasi governance process dapat disampaikan The implementation of governance process can be
beberapa hal sebagai berikut: presented here:
• Dewan Komisaris dan Direksi serta Komite-Komite • The Board of Commissioners, the Board of Directors
di bawahnya telah menjalankan tugas, fungsi dan and the Committees under the Boards have performed
tanggung jawabnya, antara lain: their duties, functions and responsibilities, including:
- Dewan Komisaris melakukan pengawasan/ - The Board of Commissioners has supervised
memberikan saran dan arahan kepada Direksi, and provided advice and directives to the Board
memantau dan mengevaluasi pelaksanaan of Directors, monitored and evaluated the
kebijakan strategis, mengingatkan Direksi untuk implementation of strategic policies, reminded the
menindaklanjuti semua temuan audit internal dan Directors to follow up on all internal and external
eksternal, serta tidak terlibat dalam pengambilan aud it find ings, and not to engage in any operational
keputusan yang berkaitan dengan kegiatan decision-making.
operasional. - Committees under the Board of Commissioners
- Komite-Komite di bawah Dewan Komisaris dan di and under the Board of Directors have performed
bawah Direksi melaksanakan tugas dan tanggung their duties and responsibilities to the maximum.
jawab yang memadai. - The Board of Commissioners and the Board of
- Dewan Komisaris dan Direksi tidak pernah masuk Directors have never been involved in any Conflict
dalam ranah Benturan Kepentingan, serta tidak of Interest, nor does it hold concurrent positions as
merangkap jabatan baik sebagai anggota Dewan a member of the Board of Commissioners, Board of
Komisaris, Direksi, ataupun sebagai Pejabat Directors, or as an Executive Officer at other banks,
Eksekutif pada bank, perusahaan dan/atau companies and/or institutions.
lembaga lain. • To implement the basic principles of Good Governance,
• Dalam rangka melaksanakan prinsip-prinsip dasar Tata committees under the Board of Directors are formed and
Kelola yang baik, telah dibentuk dan diangkat Komite- appointed, comprising: Risk Management Committee,
Komite di bawah Direksi antara lain: Komite Manajemen Information Technology Steering Committee, ALCO
Risiko, Komite Pengarah Teknologi Informasi, Komite Committee, Human Capital Committee, New Products
Asset & Liability (ALCO), Komite Human Capital, & Activity Committee (PAB), Reward & Punishment
Komite Produk & Aktivitas Baru (PAB), Komite Committee which replaced Internal Control Committee,
Reward & Punishment yang menggantikan Komite Credit Committee and Credit Policy Committee.
Internal Control, Komite Kredit, dan Komite Kebijakan • The Risk Management Unit and the Compliance Unit,
Perkreditan. as the second line of defence, as well as the Internal
• Satuan Kerja Manajemen Risiko dan Satuan Kerja Audit Unit, as the third line of defence, have worked
Kepatuhan sebagai lini pertahanan kedua (second independently and guided by the prevailing regulations
line of defence), serta SKAI/Internal Audit sebagai in coordination with the established forum such as
lini pertahanan ketiga (third line of defence) telah “Governance, Risk, and Compliance (GRC).”
bekerja secara independen dan berpedoman pada • Quality Assurance Unit (QA) Department under the
ketentuan yang berlaku, yang dalam pelaksanaannya Risk Management Division continuously improves the
berkoordinasi melalui forum yang telah dibentuk yaitu quality of internal control in all branch offices and
“Governance, Risk, & Compliance (GRC)”. ensures the suitability of operational transactions
• Satuan Kerja Quality Assurance (QA) Department and provides recommendations for improvements in
di bawah Risk Management Division secara accordance with applicable policies and SOPs.
berkesinambungan meningkatkan kualitas internal • The Bank seeks to reduce the level of violations and
control di seluruh kantor cabang dan memastikan avoid violations to foster a Culture of Compliance, as
kesesuaian transaksi operasional serta memberikan well as independent bank operation in accordance with
rekomendasi perbaikan sesuai dengan kebijakan dan the applicable provisions devoid of any intervention by
SOP yang berlaku. the Shareholders or other Stakeholders.
• Bank berupaya menurunkan tingkat pelanggaran • The appointment of the Public Accounting Firm must
menjadi lebih baik dan menghindari pelanggaran be in accordance with the applicable procedures
dalam upaya membangun Budaya Kepatuhan, serta and able to perform its duties independently and to
kegiatan operasional bank berjalan secara independen produce well- presented Transparent Financial Report.
sesuai ketentuan yang berlaku tanpa intervensi dari • The Bank continues to improve competency and
Pemegang Saham (shareholder) atau para pemangku quality of Human Resources through Training,
kepentingan (stakeholder) lainnya. Seminars, Workshops, competency testing/risk
• Penunjukan Kantor Akuntan Publik sesuai prosedur yang management certification (ongoing) and competency
berlaku, melaksanakan tugasnya secara independen testing/certification of Bank compliance, service
dan proses transparansi Laporan Keuangan Publikasi quality awareness, revitalization of corporate culture
senantiasa dilakukan dan disajikan dengan baik. engagement programs, and implementation of
• Secara berkesinambungan Bank melaksanakan Performance Management System Employee KPI.
peningkatan kompetensi dan kualitas SDM melalui
Training, Seminar, Workshop, uji kompetensi/sertifikasi
manajemen risiko (berkelanjutan) dan uji kompetensi/
sertifikasi kepatuhan Bank, service quality awareness,
revitalisasi program corporate culture engagement,
dan implementasi Performance Management System
menilai KPI karyawan.

Analisis | Analysis
• Penerapan manajemen risiko, proses penyediaan dana • Implementation of risk management, procedures for
kepada pihak terkait (related party) dan penyediaan provision of funds to related parties and the provision
dana besar (large exposure), serta pengambilan of large funds (large exposure), and decision-making
keputusannya dijalankan sesuai kebijakan dan prosedur is executed in accordance with applicable policies and
• Kebijakan dan SOP Business Continuity Plan (BCP) • The Policy and SOP of the Business Continuity Plan
dan Disaster Recovery Plan (DRP) telah tersedia, serta (BCP) and Disaster Recovery Plan (DRP) are on hand,
dilengkapi pula prosedur alternatif pada masing- as well as alternative procedures for each SOP in each
masing SOP di setiap unit kerja, serta telah dibentuk work unit, and a Team has been established involving
tim yang melibatkan personil dari masing-masing unit personnel from each work unit.
kerja. • Implementation of Compliance Report Monitoring
• Implementasi Compliance Report Monitoring (CRM) (CRM) to all reporting working units in an effort to
kepada seluruh unit Kerja pelaksana pelaporan minimize sanctions and penalties for delay in reporting
sebagai upaya meminimalkan sanksi dan denda atas obligation to the regulator (OJK/BI).
keterlambatan kewajiban pelaporan kepada pihak • The Compliance Unit conducts a gap analysis between
Regulator (Otoritas Jasa Keuangan/Bank Indonesia). the provisions of the Financial Services Authority/Bank
• Satuan Kerja Kepatuhan melakukan gap analysis Indonesia and applicable laws and regulations with
antara ketentuan Otoritas Jasa Keuangan/Bank policies, provisions, systems and procedures that are
Indonesia dan peraturan perundang-undangan yang owned by the Bank in order to identify the impact on
berlaku dengan kebijakan, ketentuan, sistem maupun the Bank’s operational activities and follow up on the
prosedur yang dimiliki oleh Bank dalam rangka provisions in question as an update and improvement
mengidentifikasi adanya dampak terhadap aktivitas by the relevant work unit.
operasional Bank dan ketidaksesuaian ketentuan yang • The Board of Commissioners and the Board of Directors
dimaksud dapat ditindaklanjuti sebagai pengkinian dan supervise and ensure the implementation of Anti
penyempurnaannya oleh unit kerja yang terkait. Money Laundering and Terrorism Financing Prevention
• Dewan Komisaris dan Direksi melakukan pengawasan (APU and PPT) by supporting the enhancement of the
dan memastikan terlaksananya penerapan Anti Smart AML system already owned by J Trust Bank so
Pencucian Uang Dan Pencegahan Pendanaan Terorisme that it can function more effectively and optimally..
(APU dan PPT), antara lain dengan mendukung • The application of four-eyes principle in the provision
dilakukannya enhance terhadap sistem Smart AML of credit disbursement, with 2 units, Business Division
yang telah dimiliki oleh J Trust Bank sehingga dapat unit that submits credit proposal, then the Credit Risk
berfungsi lebih efektif dan optimal. Reviewer Division (CRRD) to review the proposal and
• Penerapan four-eyes principle dalam proses pemberian decide on the credit (have the right to veto to approve
kredit, dengan adanya 2 unit yaitu Divisi Bisnis or reject the credit proposal).
mengajukan usulan proposal kredit, Divisi Credit Risk • The Bank conducts Risk Control Self Assessment
Reviewer (CRRD) melakukan review proposal dan (RCSA) to self assess its operational risks and other
memutus kredit (mempunyai hak veto atau menolak risks to quantify identified risks and to verify any
usulan kredit). potential losses.
• Bank melakukan Risk Control Self Assessment (RCSA) • The Bank has a Whistle Blowing System (WBS)
sebagai upaya pengukuran risiko operasional dan risiko as a form of anti fraud strategy enforcement, with
lainnya dalam bentuk kuantifikasi atas risiko-risiko yang independent and secret reporting tools through email/
telah teridentifikasi guna mengetahui potensi kerugian portal media, Hotline SMS/WhatsApp and Postbox. The
yang dapat ditimbulkan. Bank protects whistle blower’s identity, and safeguards
• Bank telah memiliki Whistle Blowing System (WBS) the confidentiality of report, or any other data received
sebagai salah satu bentuk penerapan strategi anti through WBS.
fraud, dengan sarana pelaporan yang independen dan • Assess and improve the application of APU and PPT as
rahasia melalui media email/portal website, Hotline follows:
SMS/WhatsApp dan Kotak Pos. Bank akan melindungi - Tidying up mandatory data on core banking system
kerahasiaan identitas Pelapor yang beritikad baik, and coordinating with Information Technology
laporan, maupun segala data lain yang terkait dengan Division.
laporan yang masuk melalui WBS. - Optimizing the use of Smart AML system by
• Menilai dan meningkatkan penerapan APU dan PPT Branched, through continuous monthly monitoring
sebagai berikut: on all branches.
- Pembenahan data mandatory pada core banking - Monthly monitoring of mandatory data
system, berkoordinasi dengan Information comprehensiveness of new opening of Customer
Technology Division. Identification Field (CIF).
- Optimalisasi penggunaan sistem Smart AML oleh
Cabang, dengan cara melakukan monitoring yang
kontinyu setiap bulan kepada seluruh cabang.
- Monitoring secara bulanan atas kelengkapan
data mandatory terhadap pembukaan Customer
Identification Field (CIF) baru.

Analisis | Analysis
3. Governance Outcome adalah hasil dari penerapan Tata 3. Governance Outcome:
Kelola yang baik dari aspek hasil kinerja maupun cara- Governance Outcome is the result of the implementation
cara/praktik-praktik yang digunakan untuk mencapai hasil of Good Governance in terms of performance outcomes
kinerja tersebut. as well as the methods/practices adopted to achieve such
performance outcome.
Implementasi governance outcome dapat disampaikan Implementation of governance outcome can be presented
beberapa hal sebagai berikut: as follows:
• Dewan Komisaris memberikan arahan/nasehat kepada • The Board of Commissioners gives guidance/advice
Direksi dan melaksanakan pengawasan terhadap to the Board of Directors and performs supervision on
operasional bank. bank operations.
• Di akhir bulan Desember 2018 Bank telah melakukan • At the end of December 2018 the Bank conducted bad
strategi penjualan kredit bermasalah ke PT. JTrust asset sales strategy to PT. JTrust Investment Indonesia
Investment Indonesia sebesar Rp1.047 miliar sehingga of Rp1,047 billion to receive a reduction of Gross NPL
diperoleh penurunan angka rasio NPL Gross dan NPL and Nett NPL ratios at 4.26% and 3.12%, respectively.
Nett masing-masing sebesar 4.26% dan 3.12%. • Results and financial performance per December 2018
• Hasil usaha dan kinerja keuangan posisi Desember are Gross NPL ratio of 4.26% and Nett NPL of 3.12%,
2018 adalah rasio NPL Gross sebesar 4,26% dan NPL CAR of 14.03% (above the minimum risk profile CAR at
Nett sebesar 3.12%, CAR sebesar 14,03% (di atas dari 11%) and the Risk Profile Report per December 2018 is
ketentuan CAR profil risiko minimum 11%) dan penilaian 3 (Moderate) with inherent risk of Moderate, and Risk
Laporan Risk Profile posisi Desember 2018 adalah Management Implementation Quality as Fair.
peringkat 3 (Moderate) dengan risiko inheren adalah • The Board of Commissioners oversees and provides
Moderate, dan Kualitas Penerapan Manajemen Risiko recommendations and advice to the Board of
adalah Fair. Directors in an effort to improve bank performance
• Dewan Komisaris melakukan pengawasan dan and values with due observance of prudential
memberikan rekomendasi serta saran kepada Direksi principles through the Board of Directors and
dalam upaya meningkatkan kinerja dan values bank Commissioners Meeting (Radirkom and Review of RKK
dengan tetap memperhatikan prinsip kehati-hatian, Decisions), Committee Meetings under the Board of
melalui Rapat Direksi dan Komisaris (Radirkom dan Commissioners and by letter to Management.
Rapat Review Putusan Rapat Komite Kredit), Rapat • Committees give recommendation and advice to the
Komite di bawah Dewan Komisaris dan melalui surat Board of Commissioners on internal control issues, risk
kepada Manajemen. management, and other beneficial issues.
• Komite-komite memberikan rekomendasi maupun • In general the findings of the Internal Audit Work
saran kepada Dewan Komisaris terkait permasalahan Unit (SKAI) and the external auditor (OJK/BI) have
pengendalian interen, manajemen risiko dan lainnya made into a Follow-Up Monitoring List (DMTL) for
yang bermanfaat. the Division/work unit and Branch/Sub-Branch/Cash
• Secara umum temuan Satuan Kerja Audit Interen (SKAI) Office that are related and followed up in the progress
maupun auditor eksternal (OJK/BI) telah dibuatkan of the settlement.
Daftar Monitoring Tindak Lanjut (DMTL) kepada • Compliance Report, semi-annual TKB Report are
Divisi/unit kerja maupun Kantor Cabang/Capem/ submitted quarterly to the Regulator in a coverage
Kas yang terkait dan ditindaklanjuti perkembangan based on the applicable provisions, and the Risk
penyelesaiannya. Profile Report is quarterly submitted to the Regulator
• Laporan Kepatuhan, Laporan TKB secara semesteran in accordance with applicable provisions, while
disampaikan kepada Regulator dengan cakupan sesuai monthly risk profile review is performed internally by
ketentuan yang berlaku, dan Laporan Profil Risiko the Risk Management Unit (SKMR) and reported to
secara triwulanan telah disampaikan kepada pihak the Board of Directors, also submitted to the Board of
Regulator sesuai ketentuan yang berlaku, sedangkan Commissioners and discussed at the Risk Monitoring
kajian profil risiko bulanan secara internal dilakukan Committee (KPR) meeting.
Satuan Kerja Manajemen Risiko (SKMR) dan dilaporkan • The efforts to meet the quantity and quality/
ke Direksi, disampaikan pula ke Komisaris dan dilakukan competence of human resources, as well as the phases
pembahasan pada rapat Komite Pemantau Risiko to comply with policies and SOPs and supporting
(KPR). systems and infrastructure, have made impact on the
• Upaya pemenuhan kuantitas dan kualitas/kompetensi adequate performance of operational and business
SDM, serta tahapan pemenuhan kebijakan dan SOP activities in accordance with the provisions, which are
serta sistem dan infrastruktur pendukung, berimbas performed on the basis of prudential principles.
terhadap berjalannya kegiatan operasional dan bisnis • Provision of funds to related parties and large
yang memadai sesuai ketentuan, yang dijalankan exposure has been made in accordance with the LLL
berdasarkan prinsip kehati-hatian. provisions, whereby lending always takes into account
• Penyediaan dana kepada pihak terkait (related party) the capital adequacy of banks.
dan penyediaan dana besar (large exposure) telah • Product and service information as well as other
dilakukan dengan berpedoman pada ketentuan BMPK, information including SBDK, Announcement of LPS
dimana pemberian kredit senantiasa memperhitungkan Guarantee Interest Rate has been submitted to the
kemampuan permodalan bank. customer in a transparent manner.
• Informasi produk dan jasa serta informasi lainnya antara
lain Suku Bunga Dasar Kredit (SBDK), Pengumuman
Suku Bunga Penjaminan Lembaga Penjamin Simpanan
(LPS) telah disampaikan kepada nasabah secara
transparan.

Analisis | Analysis
• Bank telah melaksanakan ketentuan terkait Pengelolaan • The Bank has implemented provisions related to
Pengaduan Nasabah dan Pelaporannya kepada pihak Customer Complaint Management and Reporting to
Regulator. the Regulator.
• Penerapan APU dan PPT didukung sistem Smart AML • APU and PPT implementation is supported by SMART
yang terus dikembangkan agar semakin terintegrasi AML system which is continuously developed to
dengan Core Banking System untuk keperluan proses be more integrated with Core Banking System for
pemantauan transaksi, kelengkapan informasi profil transaction monitoring process, customer profile
nasabah (CIF), pengukuran profil nasabah berdasarkan information (CIF), customer profile measurement
risiko, serta Pelaporan kepada regulator sesuai dengan based on risk, and Reporting to regulator in accordance
ketentuan dan perundang-undangan yang berlaku. with prevailing provisions and regulations.
B. Kelemahan Penerapan Tata Kelola Bank B. Weakness in Banking Governance Implementation
1. Governance Structure: 1. Governance Structure:

• Penunjukan anggota Direksi dan anggota Dewan Komisaris • Appointment of new members of the Board of Directors
yang baru dari hasil keputusan RUPS Luar Biasa tanggal 20 and members of the Board of Commissioners from the
September 2018 masih terdapat 1 (satu) anggota Direksi resolutions of the Extraordinary GMS on September 20,
dan 1 (satu) anggota Dewan Komisaris yang dalam proses 2018, there are still 1 (one) member of the Board of Directors
Fit and Proper Test oleh OJK. and 1 (one) member of the Board of Commissioners in the
• Efektif sejak 1 Januari 2019 terdapat kekosongan komposisi OJK Fit and Proper Test process.
jabatan 2 Direktur perseroan berdasarkan Surat Keputusan • As of January 1, 2019 there were vacancies in the position of
Sirkuler Dewan Komisaris sebagai pengganti Rapat 2 Directors of the company based on the Circular Decree of
Dewan Komisaris yang telah menyetujui memberhentikan the Board of Commissioners as a substitute for the Board
sementara Bapak Ritsuo Ando dan Bapak Haryanto Budi of Commissioners Meeting which had agreed to dismiss Mr.
Purnomo. Ritsuo Ando and Mr. Haryanto Budi Purnomo.
• Infrastruktur dan SDM di bidang bisnis dan supporting • Infrastructure and HR in the business and supporting fields
(Credit Risk Reviewer, SKMR, dan SKAI) perlu dipersiapkan (Credit Risk Reviewers, SKMR, and SKAI) need to be well
dengan baik untuk meningkatkan kinerja usaha Bank prepared to improve the Bank’s business performance so
sehingga proses pemberian kredit dapat dilaksanakan that the lending process can be carried out prudently and
secara prudent dan meminimalkan terjadinya kredit minimize the occurrence of non-performing loans.
bermasalah. • In supporting the Smart AML system functionality in
• Dalam mendukung fungsionalitas sistem Smart AML implementing APU and PPT, the quality and completeness
dalam penerapan APU dan PPT, kualitas dan kelengkapan of data on the New Core Banking (Finacle) system has been
data pada sistem New Core Banking (Finacle) telah adjusted, but continuous review is still needed..
disesuaikan, namun masih tetap diperlukan review secara
berkesinambungan.
2. Governance Process: 2. Governance Process:

• Secara berkesinambungan Divisi IT perlu melakukan • The IT Division continuously needs to carry out a
penilaian/review menyeluruh atas perkembangan comprehensive assessment/review of the development
implementasi New Core Banking System (Finacle) serta of the implementation of the New Core Banking System
tindak lanjut perbaikan atas kendala/problem implementasi (Finacle) and follow-up improvements to the problems/
New Core Banking System (Finacle) bekerjasama dengan issues on the implementation of the New Core Banking
Vendor (Infosys) dan Divisi terkait. Dalam tahapan proses System (Finacle) in collaboration with the Vendors
Post Implementation review core banking system saat ini (Infosys) and related Divisions. In the Post Implementation
sedang dilakukan review oleh audit independen. review process the core banking system is currently being
• Belum optimalnya pengendalian risiko kredit antara lain reviewed by an independent audit.
monitoring kredit dan mitigasi risiko kredit terutama kredit • The lack of optimal control of credit risk includes credit
kualitas rendah (kolektibilitas 2, 3 dan 5 serta kredit lancar monitoring and credit risk mitigation, especially low quality
restrukturisasi). Oleh karena itu Bank terus meningkatkan loans (collectibility 2, 3 and 5 and current restructuring
efektivitas fungsi dari Tim Task Force Loan Monitoring loans). Therefore, the Bank continues to improve the
(Kredit Kualitas Rendah), Special Asset Management effectiveness of the functions of the Task Force Loan
(SAM), dan Credit Risk Reviewer Division (penerapan four Monitoring Team (Low Quality Credit), Special Asset
eyes principle) dengan meningkatkan kompetensi SDM, Management (SAM), and Credit Risk Reviewer Division
meningkatkan disiplin proses dan monitoring hasil dari (implementation of the four eyes principle) by improving
rencana yang telah ditetapkan. HR competencies, improving process discipline and
monitoring results from predetermined plan.

Analisis | Analysis
• Masih belum optimalnya proses analisa kredit termasuk • Credit analysis process is still not optimal, including credit
monitoring kredit serta pemenuhan kelengkapan monitoring and fulfillment of data, where there are still a
data, dimana masih terdapat beberapa hal yang tidak number of things that are not included/notified including:
dicantumkan/diinformasikan antara lain: - Unfulfilled External Regulations, including: the use
- Belum dipenuhi Regulasi Eksternal, antara lain: of non-current LLL Data, BI Checking Date of Credit
penggunaan Data BMPK tidak terkini, Tanggal BI Application/Credit Application Letter not included in
Checking/Tanggal Surat Permohonan Kredit/Surat the NAK, Unaudited Financial Report, Completeness
Permohonan Kredit tidak dicantumkan dalam NAK, of documents required in the NAK, BI Checking not
Laporan Keuangan Unaudited, Kelengkapan dokumen informed, BI date Checking too long; BI Checking
yang diwajibkan dalam NAK, tidak diinformasikan BI management, shareholders have col 2 and col 5; so
Checking, tanggal BI Checking terlalu lama; BI Checking that the calculation of related parties’ LLL data is
pengurus, pemegang saham terdapat kol 2 dan kol 5; considered.
agar diperhatikan perhitungan data BMPK pihak terkait. - Not optimally fulfilled Internal Policy, among others:
- Belum dipenuhi secara optimal Internal Policy, antara Determination of Provisions, interest rates, and BAK
lain: Penetapan Provisi, suku bunga, dan BAK tidak does not match the counter rate; The CCR ratio is not in
sesuai counter rate; Rasio CCR tidak sesuai dengan accordance with the provisions; Not included in the NAK
ketentuan; Tidak dicantumkan dalam NAK antara including: collateral assessment and date of valuation of
lain: penilaian agunan dan tanggal penilaian agunan, collateral, Value of Existing Mortgage Rights, Number
Nilai Hak Tanggungan Eksisting, Nomor dan tanggal and date of insurance policy, insurance on collateral,
polis asuransi, asuradur atas agunan, nilai dan jangka value and duration of insurance; Collateral valuation has
waktu pertanggungan; Belum dilakukan penilaian not been conducted for take over credit; The activity
agunan untuk kredit take over; Aktivitas rekening of the current account does not include a period of
Koran tidak mencantumkan jangka waktu; Agar Bisnis time; So that the Business Unit conducts Customer
Unit melakukan Customer Profitability Analysis dalam Profitability Analysis in processing the proposed
memproses usulan perpanjangan kredit; Agar dapat credit extension; In order to ensure the availability of
dipastikan tersedianya informasi mengenai: sumber information about: the source of the debtor’s problem
masalah debitur untuk dilakukan restruktur kredit, to do credit restructuring, and a comprehensive analysis
dan analisa secara komprehensif atas kemampuan of the debtor’s current repayment ability, as well as the
membayar terkini debitur, serta prospek usaha debitur. debtor’s business prospects.
- Belum dipenuhi aspek keuangan, antara lain: agar - Financial aspects have not been met, among others:
memperhatikan profil risiko sesuai informasi & data to pay attention to risk profiles according to specific
keuangan khusus dengan Risk Rating “High” dan financial information & data with ”High” Risk Rating
mempersiapkan mitigasi risikonya berupa: EBITDA: and preparing mitigation risks in the form of: EBITDA:
di bawah proyeksi (dengan persentase lebih kecil below projections (with a smaller percentage than
dari proyeksi), Laba Perusahaan (Profitabilitas): di projections), Company Profit (Profitability): below
bawah proyeksi (dengan persentase lebih kecil dari projections (with a smaller percentage of projections);
proyeksi); Rasio NPF tidak dicantumkan dalam NAK; The NPF ratio is not included in the NAK; Working
Analisa Kebutuhan Modal Kerja: Penentuan proyeksi Capital Needs Analysis: Determination of sales
penjualan agar menggunakan sumber data yang projections in order to use the same data source as
sama sebagaimana tertuang dalam “Tabel Rencana contained in the ”Sales Plan Table” in the context of the
Penjualan” dalam rangka akurasi data yang digunakan; accuracy of the data used; Availability of credit terms
Tersedianya syarat kredit bahwa aset yang di-refinance that refinance assets (rejuvenation of machinery and
(peremajaan mesin dan peralatan) agar tercermin equipment) to be reflected in the financial statements
pada laporan keuangan calon debitur tahun 2018; of prospective debtors in 2018; The financial statements
Laporan Keuangan tercantum penjualan tahun 2017 listed for 2017 sales declined compared to 2016; The
menurun dibandingkan tahun 2016; Laporan Keuangan financial statements listed in 2017 showed the company
tercantum tahun 2017 perusahaan merugi. suffered losses.
- Belum dipenuhi aspek legalitas, antara lain: Legalitas - The legality aspect has not been fulfilled, among others:
usaha yang diberikan tidak dicantumkan dalam NAK, The legality of the business provided is not included in
atau tidak lengkap, atau sudah jatuh tempo pada saat the NAK, or is incomplete, or is due when the credit is
kredit diajukan; submitted;
- Belum dipenuhi aspek KYC, yaitu pada internet checking - Not yet fulfilled KYC aspects, namely on the internet
agar diperhatikan adanya berita negatif terkait dengan checking so that there is negative news related to
calon debitur. prospective debtors.

Analisis | Analysis
• Diperhatikan pemenuhan Bank kepada pihak pengawas • Paying attention to the fulfillment of the Bank to the
(OJK) agar manajemen risiko dalam proses pemberian supervisory party (OJK) so that risk management in the
kredit memadai dan memperhatikan memperhatikan credit disbursement process is adequate and paying
prinsip kehati-hatian antara lain: Analisa fasilitas debitur attention to the prudential principle, among others:
agar mencakup terkait sumber dana untuk pelunasan Analysis of debtor facilities to include related sources of
fasilitas jangka pendek; Underlying penarikan dana agar funds for repayment of short-term facilities; Underlying
berdasarkan underlying sumber dana jangka pendek; funds withdrawals based on short-term underlying
Analisa dan/atau identifikasi terkait proses bisnis debitur sources of funds; Analysis and/or identification related to
berupa kecukupan mitigasi risiko pemberian kredit dari the debtor’s business process in the form of adequacy of
debitur kepada end user, kecukupan proses collection, credit risk mitigation from the debtors to the end users,
kecukupan proses administrasi agunan/BPKB; Dilakukan the adequacy of the collection process, the adequacy of
verifikasi kelayakan list piutang yang menjadi underlying collateral/BPKB administrative processes; Verification of
penarikan fasilitas debitur antara lain pelaksanaan sampling the feasibility of the list of accounts receivable which is the
atas piutang debitur; Terdapat pelaksanaan monitoring atas underlying drawdown of debtor facilities, among others, the
kesesuaian penggunaan dana. implementation of sampling of debtor receivables; There is
a monitoring implementation of the suitability of the use of
funds.
3. Governance Outcome: 3. Governance Outcome:

• Kinerja keuangan belum seluruhnya mencapai target • Financial performance has yet to all reach the 2018 RBB
RBB 2018 yang ditetapkan sehingga Bank masih belum target set so that the Bank still does not continue to
berkesinambungan menunjukkan kinerja usaha yang show improved business performance by posting a Loss
membaik dengan membukukan Posisi Rugi Tahun Berjalan of Current Year 2018 of Rp401.1 billion compared to 31
2018 sebesar Rp401,1 miliar dibandingkan per 31 Desember December 2017 which posted a Profit Position of Rp121.5
2017 yang membukukan Posisi Laba sebesar Rp121,5 miliar. billion.
• Masih terdapat Pelampauan BMPK debitur yang • There is still an excess of LLL of debtors whose solution
penyelesaiannya terus diupayakan oleh top manajemen continues to be sought by top management with each
dengan setiap bulan menyampaikan Laporan Pelaksanaan month submitting the LLL Excess Action Plan Report to the
Action Plan Pelampauan BMPK kepada Otoritas Jasa Financial Services Authority.
Keuangan. • In general, internalization of Culture Compliance and risk
• Secara umum internalisasi Budaya Kepatuhan dan risk awareness of each employee needs to be improved to avoid
awareness setiap karyawan perlu ditingkatkan untuk potential violations and/or recurring violations.
menghindari potensi pelanggaran dan/atau kejadian • There are still sanctions for warning/reprimand,
pelanggaran berulang. administration and penalties for paying the process
• Masih terdapat sanksi peringatan/teguran, administrasi and submission of Bank Routine Reports to Regulators
dan denda kewajiban membayar terhadap proses dan (Financial Services Authority/Bank Indonesia)..
penyampaian Laporan Rutin Bank kepada Regulator • The Bank has followed up on the findings of the OJK audit,
(Otoritas Jasa Keuangan/Bank Indonesia). and the results of the internal audit/SKAI. Based on the
• Bank telah menindaklanjuti atas temuan hasil pemeriksaan Follow-Up Monitoring List (DMTL) until Semester II/2018
OJK, dan hasil pemeriksaan audit internal/SKAI. there are still remaining findings of the audit results that
Berdasarkan Daftar Monitoring Tindak Lanjut (DMTL) have not been resolved as follows::
sampai dengan Semester II/2018 masih terdapat sisa
temuan hasil pemeriksaan yang belum diselesaikan sebagai
berikut:

Penyelesaian Temuan
Semester II/2018
No DMTL
Resolutions of Findings
Semester II/2018
I. Temuan Hasil Pemeriksaan OJK:
- Pemeriksaan pada Kantor Pusat Posisi 30 April 2016 100% (86 dari 86 temuan)
- Pemeriksaan pada Kantor Pusat Posisi 31 Januari 2017 85% (44 dari 52 temuan)
- Pemeriksaan pada Kantor Pusat Posisi 30 November 2017 95% (86 dari 91 temuan)
- Pemeriksaan pada Kantor Pusat Bidang Kredit Posisi 31 Januari 2018 38% (25 dari 65 temuan)
- Pemeriksaan pada Kantor Cabang Batam Bidang Kredit Posisi 31 Januari 2018 30% (6 dari 20 temuan)
- Pemeriksaan pada Kantor Cabang Palembang Bidang Kredit Posisi 31 Januari 2018 52% (12 dari 23 temuan)
- Pemeriksaan pada Kantor Cabang Solo Bidang Kredit Posisi 31 Januari 2018 33% (6 dari 18 temuan)
- Pemeriksaan pada Kantor Cabang Makassar Bidang Kredit Posisi 31 Januari 2018 46% (12 dari 26 temuan)
- Pemeriksaan pada Kantor Cabang Samarinda Bidang Operasional Posisi 31 Januari 2018 83% (38 dari 46 temuan)
- Pemeriksaan pada Kantor Cabang Balikpapan Bidang Operasional Posisi 31 Januari 2018 71% (22 dari 31 temuan)
- Pemeriksaan pada Kantor Cabang Pangkalpinang Bidang Operasional Posisi 31 Januari 2018 86% (60 dari 70 temuan)
- Pemeriksaan pada Kantor Pusat Bidang IT Posisi 31 Januari 2018 16% (3 dari 19 temuan)
OJK Audit Result Findings: 100% (86 of 86 findings)

- Audit on Headquarters 30 April 2016 85% (44 of 52 findings)
- Audit on Headquarters 31 January 2017 95% (86 of 91 findings)
- Audit on Headquarters 30 November 2017 38% (25 of 65 findings)
- Audit on Headquarters in Credit 31 January 2018 30% (6 of 20 findings)
- Audit on Batam Branch in Credit 31 January 2018 52% (12 of 23 findings)
- Audit on Palembang Branch in Credit 31 January 2018 33% (6 of 18 findings)
- Audit on Solo Branch in Credit 31 January 2018 46% (12 of 26 findings)
- Audit on Makassar Branch in Credit 31 January 2018 83% (38 of 46 findings)
- Audit on Samarinda Branch in Operations 31 January 2018 71% (22 of 31 findings)
- Audit on Balikpapan Branch in Operations 31 January 2018 86% (60 of 70 findings)
- Audit on Pangkalpinang Branch in Operations 31 January 2018 16% (3 of 19 findings)
- Audit on Headquarters in IT 31 January 2018
II. Temuan Hasil Pemeriksaan Audit Internal/SKAI:
- Pemeriksaan pada Divisi/Unit Kerja Kantor Pusat tahun 2016 95% (19 dari 20 temuan)
- Pemeriksaan pada Kantor Cabang/Capem/Kas tahun 2018 97% (291 dari 300 temuan)
Internal Audit/SKAI Result Findings: 95% (19 of 20 findings)

- Audit on Division/Working Unit of Headquarters in 2016 58% (30 of 52 findings)
- Audit on Branch/Capem/Cash Office in 2018
• Selama tahun 2018 terdapat 1 (satu) kasus fraud • In 2018 there was 1 (one) fraud of Rp267 million
(penipuan) sebesar Rp267 juta yang dilakukan performed by Permanent Employee.
oleh Pegawai Tetap.
Kesimpulan Conclusion
Berdasarkan analisis Kekuatan dan Kelemahan atas 11 Based on the analysis of Strengths and Weaknesses of 11 Factors
FaktorPenerapan Tata Kelola, dan memperhatikan penilaian of Governance Implementation Self Assessment, and considering
terhadap Kualitas Penerapan Manajemen Risiko dalam rangka the assessment to the Risk Management Implementation Quality
Profil Risiko Bank, maka penilaian sendiriPenerapan Tata Kelola in Bank’s Risk Profile, then the Self Assessment of Governance
posisi Desember 2018 adalah peringkat “3 (Cukup Baik)”. Implementation per December 2018 was ranked “3 (Fairly Good)”.

Bab • Chapter
04
Tanggung
Jawab Sosial
Perusahaan
Corporate Social
Responsibility

Tanggung Jawab Sosial Perusahaan
Corporate Social Responsibility
Dalam melaksanakan kegiatan operasionalnya,

Bank senantiasa menciptakan suasana yang lebih
harmonis, khususnya dengan masyarakat sekitar,
dan masyarakat luas pada umumnya.
In carrying out its operations, the Bank strives to create a more

harmonious atmosphere within the community, and among the
public.
Kebijakan Perusahaan Company’s Policy

Bank telah menyisihkan dana untuk kegiatan The Bank has set aside funds for social activities as
sosial sebagai bentuk implementasi dari program a form of Corporate Social Responsibility (CSR)
tanggung jawab sosial perusahaan (Corporate Social program implementation of PT Bank JTrust Indonesia
Responsibility/CSR) PT Bank JTrust Indonesia Tbk. Tbk. The Bank believes the program can create a
Bank yakin bahwa program ini akan dapat menciptakan better and conducive society as well as being able
kondisi masyarakat yang lebih baik dan kondusif, serta to respond to changes in society. Eventually, this will
mampu menanggapi berbagai perubahan dalam create mutually beneficial relationships between PT
kehidupan masyarakat. Pada akhirnya, hal ini akan Bank JTrust Indonesia Tbk. and the community.
menciptakan hubungan yang saling bermanfaat dan
menguntungkan antara PT Bank JTrust Indonesia Tbk.
dengan masyarakat luas.
Dalam melaksanakan kegiatan operasionalnya, Bank In carrying out its operations, the Bank strives to create
senantiasa menciptakan suasana yang lebih harmonis, a more harmonious atmosphere within the community,
khususnya dengan masyarakat sekitar, dan masyarakat and among the public. Hence, it will become a
luas pada umumnya sehingga, Bank diharapkan company that is in demand and loved by the people.
dapat menjadi perusahaan yang terus diminati serta The creation of a safe, comfortable, and dynamic
disukai oleh masyarakat. Terciptanya lingkungan environment in the society is believed to be an ideal
dalam masyarakat yang aman, nyaman, dan dinamis condition for the development and sustainability of
diyakini sebagai kondisi ideal bagi perkembangan dan businesses anywhere.
kelangsungan dunia usaha di manapun.
Dilandasi suatu pemikiran bahwa perusahaan adalah Based on the thought that a company is part of its
bagian dari kehidupan masyarakat di sekitarnya, surrounding community, the Bank recognizes that it
Bank menyadari adanya tanggung jawab sosial untuk has a social responsibility to develop and empower the
mengembangkan dan memberdayakan kehidupan lives of the people within the surrounding communities.
masyarakat di sekitarnya. Hal ini diwujudkan melalui It is materialized through the “J Trust Care” program,
program “J Trust Peduli” yang fokus membantu which focuses on helping people in the fields of

masyarakat dalam bidang pendidikan, kesehatan, education, health, social, religion, environment, and
sosial, keagamaan, lingkungan hidup, dan tanggap emergency response to natural disasters.
darurat terhadap setiap bencana alam.
5 (lima) Pilar CSR J Trust Bank 5 (five) Pillars of J Trust Bank’s CSR
Guna mewujudkan hal tersebut, Bank melakukan In achieving the objective, the Bank refers to 5 (five)
berbagai upaya dengan memerhatikan 5 (lima) pilar pillars of Corporate Social Responsibility (CSR) as the
Corporate Social Responsibility (CSR) sebagai prinsip principle and basis of the implementation of related
dan dasar dalam pelaksanaan kegiatan terkait di activities.
lapangan.
Kelima pilar CSR J Trust Bank adalah sebagai berikut: The five pillars of J Trust Bank’s CSR include:
• Building Human Capital • Building Human Capital
Secara internal, Bank berupaya untuk menciptakan Internally, the Bank seeks to produce reliable
sumber daya manusia yang andal sedangkan human resources; while externally, the Bank strives
secara eksternal, Bank senantiasa berupaya to create community empowerment, primarily
melakukan pemberdayaan masyarakat, utamanya through Community Development.
melalui Community Development.
• Strengthening Economies • Strengthening Economies

Bank berupaya mendapatkan laba dengan The Bank generates profit by taking into
memerhatikan kepentingan dan kesejahteraan account the interest and economic welfare of
ekonomi komunitas, khususnya di lingkungan the community, particularly in the vicinity of the
sekitar Perusahaan beroperasi. Bank’s operations.

• Assessing Social Tension • Assessing Social Tension
Bank senantiasa menjaga keharmonisan dengan The Bank continuously maintain a harmonious
masyarakat, khususnya masyarakat sekitar supaya relationship with the community, particularly in its
tidak menimbulkan konflik. surrounding to avoid conflicts.
• Encouraging Good Governance • Encouraging Good Governance

Dalam menjalankan bisnisnya, Bank senantiasa In doing business, the Bank always applies the
menjalankan praktik Good Corporate Governance Good Corporate Governance (GCG) principle in
(GCG) yang baik dan sesuai dengan peraturan accordance with prevailing regulations.
yang berlaku.
• Protecting the Environment • Protecting the Environment

Bank senantiasa berupaya menjaga kelestarian The Bank always strives to conserve the
lingkungan dan alam sekitarnya demi terwujudnya environment and nature to ensure that the earth is
bumi yang layak huni bagi generasi anak-cucu inhabitable for future generations.
kelak.
Target/Rencana Kegiatan CSR Tahun 2018 CSR Target/Activity Plan in 2018

J Trust Bank telah menetapkan target/rencana J Trust Bank has set the 2018 CSR Target/Activity Plan
kegiatan CSR tahun 2018 untuk melaksanakan 5 pilar to implement 5 pillars of CSR activities. Moreover, the
kegiatan CSR. Selain itu, Bank merencanakan untuk Bank planned to meet several other targets, covering
memenuhi beberapa target lainnya, yang meliputi environment, employment, work health and safety,
bidang lingkungan hidup, ketenagakerjaan, kesehatan and responsibility to customers.
dan keselamatan kerja, serta tanggung jawab kepada
nasabah.
Dalam bidang lingkungan hidup, Bank menetapkan In environment, the Bank set targets to cut the costs of
target untuk melakukan penghematan penggunaan electricity, water, office supplies, and other expenses.
listrik, air, dan perlengkapan kantor, serta menghemat
biaya lainnya.
Dalam bidang ketenagakerjaan, Bank merencanakan In employment, the Bank planned CSR activities by
kegiatan CSR dengan melaksanakan pengelolaan SDM implementing HR management based on equality and
yang berlandaskan kesetaraan dan kesempatan kerja, employment opportunity, as well as good industrial
serta implementasi hubungan industrial yang baik. relations. In addition, in work health and safety, the
Sementara, di bidang kesehatan dan keselamatan kerja, Bank provided healthcare facility for its employees in
Bank melaksanakan pemberian fasilitas kesehatan bagi line with existing regulations and sufficient to sustain
karyawan sesuai dengan ketentuan yang berlaku dan employee productivity.
memadai guna mendukung produktivitas karyawan
secara berkelanjutan.
Dalam bidang tanggung jawab kepada nasabah, In customer responsibility, J Trust Bank targeted to
J Trust Bank menargetkan untuk terus melakukan continue making improvement and maintenance of its
perbaikan dan pemeliharaan pelayanan perbankan banking services in order to maintain the trust of all
guna menjaga kepercayaan seluruh nasabah. customers.
Program dan Kegiatan CSR Tahun 2018 CSR Program and Activities in 2018
Sepanjang tahun 2018, J Trust Bank terus berperan Throughout 2018, J Trust Bank continuously played
serta dalam membangun masyarakat melalui role in community empowerment through the CSR
kerangka pelaksanaan program CSR, dengan rincian program implementation framework, with fund
penyaluran dana yang fokus pada kegiatan di bidang allocation focused on education, health and humanity,
pendidikan, kesehatan dan kemanusiaan, serta sosial as well as social and religion.
dan keagamaan.

1. Pendidikan 1. Education
Ada dua jenis kegiatan CSR dalam bidang There were two kind of CSR activities in Education
Pendidikan yang dijalankan oleh J Trust Bank pada implemented by J Trust Bank in 2018.
tahun 2018.
First, in line with the Presidential Regulation No.
Pertama, sesuai dengan Peraturan Presiden 82/2016 on Financial Inclusion National Strategy
Republik Indonesia (Perpres) No. 82 Tahun 2016 (SNKI) in improving financial literacy and inclusion
tentang Strategi Nasional Keuangan Inklusif in the community, J Trust Bank held an education
(SNKI) dalam rangka peningkatan literasi dan activity titled “Let’s Save Movement Education” on
inklusi keuangan terhadap masyarakat, J Trust October 23, 2018, at Yasporbi I Elementary School,
Bank menyelenggarakan kegiatan edukasi Jl. Deposito, South Jakarta. This activity was
bernama “Edukasi Gerakan Ayo Menabung” pada aimed as an introduction on banking transaction
23 Oktober 2018, bertempat di SD Yasporbi I, Jl. and simulation of a bank’s operations (Mini Bank).
Deposito, Jakarta Selatan. Kegiatan ini bertujuan The amount of expenses for this activity was
sebagai edukasi pengenalan mengenai transaksi Rp4,500,000 (four-million five-hundred-thousand
perbankan dan simulasi kegiatan operasional di Rupiah).
dalam bank (Mini Bank). Biaya yang dikeluarkan
untuk kegiatan ini adalah sebesar Rp4.500.000
(empat juta lima ratus ribu Rupiah).
Kedua, sebagai salah satu wujud kepedulian Second, as part of the Bank’s concern on road
Bank terhadap keselamatan berkendara, Bank safety, the Bank gave SNI-standard helmets
menyerahkan helm sesuai standar SNI kepada to the member of Serba Usaha Susu Bendera
Anggota Koperasi Serba Usaha Susu Bendera (PT Cooperative (PT Frisian Flag Indonesia) on Jl.
Frisian Flag Indonesia) di Jl. Raya Bogor, Jakarta Raya Bogor, East Jakarta, on July 25, 2018. The
Timur, pada 25 Juli 2018. Penyerahan helm ini helmet giveaway aimed to educate PT Frisian Flag
bertujuan mengedukasi karyawan PT Frisian Flag Indonesia’s employees through Employee Benefit
Indonesia melalui program Employee Benefit Program (EBP) on road safety that could reduce
Program (EBP) tentang keselamatan berkendara traffic accident and would increase productivity.
sehingga dapat menekan angka kecelakaan
lalu lintas yang akhirnya dapat meningkatkan
produktivitas kerja.
2. Kesehatan dan Kemanusiaan 2. Health and Humanity

Program rutin J Trust Bank dalam kegiatan CSR A routine program of J Trust Bank’s CSR activity
di bidang Kesehatan dan Kemanusiaan adalah in Health and Humanity is blood donation in
penyelenggaraan kegiatan donor darah yang cooperation with Palang Merah Indonesia (PMI)
bekerja sama dengan Palang Merah Indonesia of Tangerang branch. The activity was held
(PMI) cabang Kota Tangerang. Kegiatan tersebut twice in 2018: at Candi Prambanan Room Hotel
diselenggarakan sebanyak dua kali di 2018, yaitu Grand Sahid Jaya on August 8 and at Sakura
berlokasi di Ruang Candi Prambanan Hotel Grand Multipurpose Room Sahid Sudirman Center
Sahid Jaya pada tanggal 8 Agustus dan di Ruang Building 35th floor on December 5. The blood
Serbaguna Sakura Gedung Sahid Sudirman Center donation activity is routinely held annually, with
lantai 35 pada tanggal 5 Desember. Kegiatan participants from internal employees, Grand Sahid
donor darah selalu diadakan rutin setiap tahunnya, Jaya Hotel employees as well as employees who
dengan peserta donor darah berasal dari internal work in Sahid Sudirman Center Building in Jakarta.
Bank, Karyawan Grand Sahid Jaya Hotel, serta The expense for this activity was Rp11,906,800
karyawan dari perusahaan yang berkantor di (eleven-million nine-hundred-six-thousand and
lingkungan Gedung Sahid Sudirman Center, eight-hundred Rupiah).
Jakarta. Dana yang dibutuhkan untuk kegiatan di
atas adalah sebesar Rp11.906.800 (sebelas juta
sembilan ratus enam ribu delapan ratus Rupiah).

3. Sosial dan Keagamaan 3. Social and Religion
J Trust Bank juga melaksanakan kegiatan program J Trust Bank also held CSR activities in Social and
CSR dalam bidang Sosial dan Keagamaan, sebagai Religion, as follows:
berikut:
• Perayaaan kegiatan Natal 2017 dilaksanakan di • The 2017 Christmas celebration held at the
Ruang Auditorium Sahid Sudirman Residence Auditorium of Sahid Sudirman Residence Room A
Room A lantai 5 pada tanggal 5 Januari 2018. on the 5th floor on January 5, 2018. This activity
Kegiatan tersebut didahului oleh kegiatan donasi began with donation to Panti Bhakti Luhur focusing
kepada Panti Bhakti Luhur yang berfokus dalam on care giving to approximately 30 children with
memberikan perawatan terhadap sekitar 30 disabilities. The Bank’s management gave a cash
anak-anak berkebutuhan khusus. Manajemen aid of Rp57,043,500 (fifty-seven million forty-
Bank memberikan bantuan uang tunai sebesar three thousand and five hundred Rupiah).
Rp57.043.500 (lima puluh tujuh juta empat puluh
tiga ribu lima ratus Rupiah).
• Pemberian santunan bagi anak yatim piatu di • Charity for orphans in Jakarta and Greater Jakarta,
daerah Jakarta dan sekitarnya, bekerja sama in cooperation with Al-Fajr Institution of Panti
dengan Yayasan Al-Fajr – Panti Yatim Indonesia Yatim Indonesia located on Jl. Tebet Barat IV No.
yang berlokasi di Jl. Tebet Barat IV No. 4, Jakarta 4, South Jakarta. This activity was held on May 31,
Selatan. Kegiatan tersebut dilaksanakan pada 2018, during the fasting month of Ramadan 1439
tanggal 31 Mei 2018, bertepatan dengan Bulan Suci H. The Bank’s management team delivered charity
Ramadhan 1439 H. Manajemen Bank memberikan in form of stationary, snacks, and cash. Entire
santunan berupa alat-alat tulis, makanan kering, expenses for this activity were Rp41,772,000
dan uang tunai. Seluruh kebutuhan dana yang (forty-one million seven hundred-seventy-two-
diperlukan dalam kegiatan tersebut adalah thousand Rupiah).
sebesar Rp41.772.000 (empat puluh satu juta
tujuh ratus tujuh puluh dua ribu Rupiah).
• Pemotongan hewan kurban dalam rangka • Animal sacrifice in celebrating Eid Al-Adha 1439
memperingati Hari Raya Idul Adha 1439 H pada H, located at Al-Hikmah Mosque, Jl. Dr. Soetomo,
tanggal 24 Agustus 2018, berlokasi di Masjid Al- Surabaya. This location was selected considering
Hikmah, Jl. Dr. Soetomo, Surabaya. Lokasi tersebut its proximity with the J Trust Bank’s branch
dipilih dikarenakan masih dalam lingkungan in Surabaya – Darmo. In the event, the Bank’s
kantor J Trust Bank cabang Surabaya – Darmo. management donated a cow worth Rp27,000,000
Dalam acara pemotongan hewan kurban tersebut, (twenty-seven million Rupiah).
manajemen Bank menyumbangkan satu ekor sapi
dengan harga senilai Rp27.000.000 (dua puluh
tujuh juta Rupiah).
• Pemberian santunan bagi korban bencana Palu- • Donation for Palu-Donggala disaster victims,
Donggala, sebagai rasa simpati atas kejadian as condolences on the tsunami, liquefaction,
tsunami, likuifaksi, dan gempa dahsyat yang and earthquake that destroyed Palu, Sigi, and
meluluh-lantakkan Palu, Sigi, dan Donggala, Donggala, Central Sulawesi, on September 28,
Sulawesi Tengah, pada 28 September 2018. Melalui 2018. Through the Fast Response Action (ACT),
lembaga Aksi Cepat Tanggap (ACT), manajemen the management and Bank employees donated
beserta karyawan Bank memberikan bantuan Rp10,000,000 (ten million Rupiah) delivered on
sebesar Rp10.000.000 (sepuluh juta Rupiah) yang November 19, 2018.
diserahkan pada 19 November 2018.

Rencana CSR Tahun 2019 CSR Plan in 2019

Untuk tahun 2019, Bank akan menerapkan Kebijakan For 2019, the Bank will implement CSR Policy focusing
CSR dengan fokus pada kegiatan 5 (lima) pilar CSR PT on activities aligned with 5 (five) CSR pillars of PT
Bank JTrust Indonesia Tbk. sebagaimana yang telah Bank JTrust Indonesia Tbk. as mentioned before. The
diuraikan sebelumnya. Pada rencana program CSR 2019 CSR program plan still includes several activities
tahun 2019 masih terdapat beberapa kegiatan yang that have been implemented in the previous years.
merupakan lanjutan pelaksanaan pada tahun-tahun However, there are significant activities planned to be
sebelumnya. Namun, ada beberapa kegiatan yang conducted in accordance with the company’s ability.
cukup besar dan direncanakan akan dijalankan sesuai
dengan kemampuan Perusahaan.
Rencana program kegiatan CSR pada tahun 2019 CSR program plan activities in 2019 include:
meliputi:
• Donor darah. • Blood donation.
• Santunan anak yatim. • Charity for orphans.
• Donasi terhadap korban bencana alam di • Donation for natural disaster victims in Indonesia.
Indonesia. • Animal sacrifice.
• Kegiatan kurban. • Donation for various social, educational,
• Sumbangan untuk berbagai kegiatan sosial, environmental activities with beneficial, conserve,
pendidikan, lingkungan yang menganut asas and sustainable principles.
manfaat, lestari, dan berkelanjutan (sustainability). • Education to customers and/or community on
• Edukasi kepada nasabah dan/atau masyarakat banking products and services.
mengenai produk dan jasa layanan perbankan.
Kegiatan tanggung jawab sosial Bank pada tahun The Bank’s CSR activities in 2019 will be adjusted with
2019 akan disesuaikan dengan kemampuan keuangan the company’s financial ability as well as other risks,
serta potensi risiko lainnya, dengan tidak mengurangi without reducing its obligation as stated in prevailing
kewajiban sebagaimana yang ditetapkan dalam regulations as well as Financial Service Authority
ketentuan peraturan perundang-undangan serta regulations in relation to the company’s business
peraturan Otoritas Jasa Keuangan yang terkait dengan activities.
kegiatan usaha perseroan.
Pemberian Dana untuk Kegiatan Politik Donation for Political Activities

Sebagaimana tahun-tahun sebelumnya, selama tahun Similar to prior years, in 2018 PT Bank JTrust Indonesia
2018 PT Bank JTrust Indonesia Tbk. tidak melakukan Tbk. was not involved in political activities or made
kegiatan politik atau memberikan sumbangan dana donations for political activities.
untuk kegiatan politik.

Halaman ini sengaja dikosongkan
This page is intentionally left blank.

Laporan Keuangan
FINANCIAL STATEMENTS

Laporan Keuangan
Tanggal 31 Desember 2018 serta
Tahun yang Berakhir pada Tanggal Tersebut
Dan Laporan Auditor Independen
As of December 31, 2018 and
For the Year Then Ended
And Independent Auditor’s Report

The original financial statements included herein are
in the Indonesian language.
PT BANK JTRUST INDONESIA Tbk PT BANK JTRUST INDONESIA Tbk

LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
Tanggal 31 Desember 2018 As of December 31, 2018
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
2018 Notes 2017
ASET ASSETS
Kas 110.105 2,4,41,46 181.457 Cash
Giro pada Bank Indonesia 803.124 2,5,41,45,46 885.824 Current accounts with Bank Indonesia
Giro pada bank lain Current accounts with other banks

setelah dikurangi cadangan kerugian net of allowance for
penurunan nilai sebesar Rp 784 impairment losses of Rp 784
pada tanggal 31 Desember 2018 dan as of December 31, 2018 and
Rp 774 pada tanggal 31 Desember 2017 249.546 2,6,41,45,46 264.140 Rp 774 as of December 31, 2017
Penempatan pada Bank Indonesia Placements with Bank Indonesia

dan bank lain 649.905 2,7,45,46 514.950 and other banks
Surat-surat berharga Marketable securities

Tersedia untuk dijual 3.078.473 1.902.086 Available-for-sale
Diperdagangkan 484.265 1.036.430 Trading
Total surat-surat berharga 3.562.738 2,8,41,45,46 2.938.516 Total marketable securities
Tagihan derivatif 11.324 2,9,41,45,46 810 Derivative receivables
Pinjaman yang diberikan Loans

penurunan nilai sebesar Rp 129.938 impairment losses of Rp 129,938
Rp 187.032 pada tanggal 31 Desember 2017 Rp 187,032 as of December 31, 2017
Pihak berelasi 143.188 47.899 Related parties
Pihak ketiga 9.985.929 11.233.962 Third parties
Pinjaman yang diberikan - neto 10.129.117 2,10,33,40,41,45,46 11.281.861 Loans - net
Tagihan akseptasi Acceptance receivables

Rp 516.040 pada tanggal 31 Desember 2017 102.188 2,11,41,45,46 100.901 Rp 516,040 as of December 31, 2017
Pendapatan bunga yang masih akan diterima 102.992 2,12,41,45,46 99.588 Accrued interest income
Biaya dibayar dimuka dan uang muka 1.332.489 2,13 167.135 Prepaid expenses and advances
Aset pajak tangguhan 125.323 2,37b 72.945 Deferred tax assets
Aset tetap Fixed assets

setelah dikurangi akumulasi penyusutan sebesar net of accumulated depreciation of
Rp 28.065 pada tanggal 31 Desember 2018 dan Rp 28,065 as of December 31, 2018 and
Rp 20.654 pada tanggal 31 Desember 2017 194.079 2,14 223.484 Rp 20,654 as of December 31, 2017
Aset takberwujud Intangible assets

setelah dikurangi akumulasi amortisasi sebesar net of accumulated amortization of
Rp 112.322 pada tanggal 31 Desember 2018 dan Rp 112,322 as of December 31, 2018 and
Rp 100.461 pada tanggal 31 Desember 2017 82.679 2,15 27.200 Rp 100,461 as of December 31, 2017
Agunan yang diambil alih Foreclosed assets

Rp 120.006 pada tanggal 31 Desember 2017 237.653 2,16,33 231.367 Rp 120,006 as of December 31, 2017
Aset lain-lain Other assets

Rp 16.240 pada tanggal 31 Desember 2017 130.407 2,17,33,41,45 181.003 Rp 16,240 as of December 31, 2017
TOTAL ASET 17.823.669 17.171.181 TOTAL ASSETS
Catatan terlampir merupakan bagian yang tidak terpisahkan dari The accompanying notes form an integral part of
laporan keuangan secara keseluruhan. these financial statements.

1

LAPORAN POSISI KEUANGAN (lanjutan) STATEMENT OF FINANCIAL POSITION (continued)
Tanggal 31 Desember 2018 As of December 31, 2018
Catatan/
2018 Notes 2017
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
Liabilitas segera 63.775 2,18,41,45,46 66.088 Obligations due immediately
Simpanan nasabah Deposits from customers
Pihak berelasi 87.043 120.767 Related parties
Pihak ketiga 13.161.562 12.783.853 Third parties
Total simpanan dari nasabah 13.248.605 2,19,40,41,45,46 12.904.620 Total deposits from customers
Simpanan dari bank lain 1.911.604 2,20,41,45,46 1.485.561 Deposits from other banks
Liabilitas derivatif 640 2,9,41,45,46 411 Derivative payables

Liabilitas atas efek-efek yang dijual Securities sold under repurchase
dengan janji dibeli kembali 532.005 2,21,45,46 264.040 agreement
Liabilitas akseptasi 16.546 2,11,41,45,46 5.608 Acceptance payables
Utang pajak 21.052 2,37a 15.561 Taxes payable

Bunga masih harus dibayar 61.431 2,22,41,45,46 54.362 Accrued interest expenses
Liabilitas imbalan pasca kerja 55.271 2,38 31.676 Post-employment benefits liability
Beban yang masih harus dibayar dan Accrued expenses and
liabilitas lain-lain other liabilities
Pihak berelasi 866 1.684 Related parties
Pihak ketiga 237.471 286.545 Third parties
Total beban yang masih harus dibayar dan Total accrued expenses and
liabilitas lain-lain 238.337 2,23,40,41,45,46 288.229 other liabilties
Pinjaman subordinasi 143.800 2,24,40,41,45,46,54 339.188 Subordinated loan
Obligasi konversi 215.700 2,25,41,45,54 203.513 Convertible bonds
TOTAL LIABILITAS 16.508.766 15.658.857 TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham - nilai nominal Share capital - par value
Saham seri A - Rp 1.000 (nilai penuh) Series A shares - Rp 1,000 (full amount)
pada tanggal 31 Desember 2018 as of December 31, 2018
Saham seri A - Rp 0,01 (nilai penuh) Series A shares - Rp 0.01 (full amount)
per saham per share
Saham seri B - Rp 7.800.000 (nilai penuh) Series B shares - Rp 7,800,000 (full amount)
Saham seri B - Rp 78 (nilai penuh) Series B shares - Rp 78 (full amount)
per saham per share
Modal dasar - 12.000.003.000 saham seri A Authorized - 12,000,003,000 series A shares
dan 384.615 saham seri B and 384,615 series B shares
Modal dasar - 1.200.000.000.004.200 Authorized - 1,200,000,000,004,200
saham seri A dan 38.461.538.461 series A shares and 38,461,538,461
saham seri B pada tanggal 31 Desember 2017 series B shares as of December 31, 2017
Modal ditempatkan dan disetor penuh - Issued and fully paid capital -
10.011.841.000 saham seri A 10,011,841,000 series A shares
dan 283.501 saham seri B and 283,501 series B shares
Modal ditempatkan dan disetor penuh - Issued and fully paid capital -
1.001.184.100.000.000 saham seri A 1,001,184,100,000,000 series A shares
dan 28.350.177.035 saham seri B and 28,350,177,035 series B shares
pada tanggal 31 Desember 2017 12.223.149 26 12.223.155 as of December 31, 2017
Tambahan modal disetor 178.765 2,27 178.759 Additional paid-in capital
Komponen ekuitas lain 353.375 2,24 - Other components of equity
Surplus revaluasi aset tetap - neto 124.962 2,14 143.097 Revaluation surplus of fixed assets - net
Keuntungan (kerugian) yang belum direalisasi Unrealized gains (losses) on
atas perubahan nilai wajar surat-surat changes in fair value of
berharga yang tersedia untuk dijual (122.032) 2,8 17.400 available-for-sale securities
Saldo rugi Deficit
Telah ditentukan penggunaannya 1.002 28 1.002 Appropriated
Belum ditentukan penggunaannya (11.444.318) (11.051.089) Unappropriated
EKUITAS 1.314.903 1.512.324 EQUITY
TOTAL LIABILITAS DAN EKUITAS 17.823.669 17.171.181 TOTAL LIABILITIES AND EQUITY
2
The original financial statements included herein are in the Indonesian language.

LAPORAN LABA RUGI DAN STATEMENT OF PROFIT OR LOSS AND
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Untuk Tahun Yang Berakhir Pada Tanggal For The Year Ended
31 Desember 2018 December 31, 2018
Catatan/
2018 Notes 2017
PENDAPATAN DAN BEBAN OPERASIONAL INCOME AND EXPENSES FROM OPERATIONS

Pendapatan bunga 1.426.813 2,29,40,44a 1.500.646 Interest income
Beban bunga (1.035.272) 2,30,40,44a (1.017.045) Interest expenses
Pendapatan bunga - neto 391.541 483.601 Interest income - net
PENDAPATAN DAN BEBAN OPERASIONAL OTHER INCOME AND EXPENSES

LAINNYA FROM OPERATIONS
Pendapatan operasional lainnya: Other operating income:
Keuntungan kurs mata uang asing - neto 58.874 2 31.005 Gains on foreign exchange - net
Provisi lain-lain 6.836 2 14.516 Other provisions
Provisi dari transaksi ekspor impor 1.634 2 3.105 Provision from export import transactions
Lain-lain 24.409 2 88.693 Others
Total pendapatan operasional lainnya 91.753 44a 137.319 Total other operating income
Beban operasional lainnya: Other operating expenses:

Umum dan administrasi (326.093) 2,34 (257.840) General and administrative
Gaji dan tunjangan (289.492) 2,32 (248.521) Salaries and allowances
Penyisihan kerugian Provision for impairment
penurunan nilai - neto (154.506) 2,33 (42.183) losses - net
Keuntungan (kerugian) atas penjualan Gains (losses) on sale
surat-surat berharga yang tersedia of available-for-sale
untuk dijual dan diperdagangkan - neto (16.033) 2,8,31 44.861 and trading securities - net
Lain-lain (2.345) 2 (4.252) Others
Total beban operasional lainnya (788.469) 44a (507.935) Total other operating expenses
LABA (RUGI) OPERASIONAL (305.175) 44a,44b 112.985 PROFIT (LOSS) FROM OPERATIONS
PENDAPATAN (BEBAN) NON-OPERASIONAL NON-OPERATING INCOME (EXPENSES)

Pendapatan non-operasional 18.188 35,44a 103.992 Non-operating income
Beban non-operasional (116.594) 36,44a (98.578) Non-operating expenses
Pendapatan (beban) non-operasional - neto (98.406) 5.414 Non-operating income (expenses) - net
LABA (RUGI) SEBELUM PAJAK PENGHASILAN (403.581) 118.399 PROFIT (LOSS) BEFORE INCOME TAX
MANFAAT PAJAK PENGHASILAN DEFERRED INCOME TAX

TANGGUHAN - NETO 2.480 2,37b,44a 3.135 BENEFIT - NET
LABA (RUGI) NETO TAHUN BERJALAN (401.101) 44a,44b 121.534 NET PROFIT (LOSS) FOR THE YEAR
PENGHASILAN (RUGI) KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME (LOSS)

Pos yang tidak akan direklasifikasikan Item not to be reclassified to
ke laba rugi pada tahun berikutnya: profit or loss in subsequent year:
Pengukuran kembali Remeasurements of employee
liabilitas imbalan kerja (13.684) 2,38 (4.049) benefits liability
Manfaat pajak penghasilan terkait 3.421 2,37b 1.012 Related income tax benefit
Sub-total (10.263) (3.037) Sub-total
Pos yang akan direklasifikasikan Item to be reclassified to profit or loss

ke laba rugi pada tahun berikutnya: in subsequent year:
Perubahan nilai wajar surat-surat Changes in fair value of
berharga yang tersedia untuk dijual (185.909) 2 54.085 available-for-sale securities
Manfaat (beban) pajak penghasilan terkait 46.477 2,37b (13.521) Related income tax benefit (expense)
Sub-total (139.432) 40.564 Sub-total
Penghasilan (rugi) komprehensif lain Other comprehensive income (loss)

tahun berjalan - setelah pajak (149.695) 37.527 for the year - net of tax
TOTAL LABA (RUGI) KOMPREHENSIF TOTAL COMPREHENSIVE INCOME (LOSS)

TAHUN BERJALAN (550.796) 159.061 FOR THE YEAR
LABA (RUGI) PER SAHAM DASAR BASIC EARNINGS (LOSS) PER SHARE
(nilai penuh) (40,06) 2,39 12,14 (full amount)
470 J Trust Bank Laporan Tahunan 2018 3

LAPORAN PERUBAHAN EKUITAS STATEMENT OF CHANGES IN EQUITY
Keuntungan
(kerugian)
yang belum
direalisasi atas
perubahan
nilai wajar
surat-surat
berharga
Surplus yang tersedia
revaluasi untuk dijual/
aset tetap - Unrealized
Tambahan Uang muka neto/ gains (losses) Saldo rugi/Deficit
modal setoran modal/ Komponen Revaluation on changes Telah Belum
disetor/ Deposit for ekuitas lain/ surplus of in fair value of ditentukan ditentukan
Catatan/ Modal saham/ Additional future stock Other component fixed assets - available-for-sale penggunaannya/ penggunaannya/ Ekuitas - neto/
Notes Share capital paid-in capital subscription of equity net securities Appropriated Unappropriated Net equity
Saldo per 1 Januari 2017 11.223.155 178.759 1.000.000 - 147.095 (23.164) 1.002 (11.173.584) 1.353.263 Balance as of January 1, 2017
Laba neto tahun berjalan - - - - - - - 121.534 121.534 Net profit for the year
Penghasilan (rugi) komprehensif lain Other comprehensive income (loss)

tahun berjalan - setelah pajak - - - - - 40.564 - (3.037) 37.527 for the year - net of tax
Laba komprehensif tahun berjalan - - - - - 40.564 - 118.497 159.061 Total comprehensive income for the year
Reklasifikasi uang muka setoran modal Reclassification of deposit for future stock
ke modal disetor 26 1.000.000 - (1.000.000) - - - - - - subscription to paid-in capital
Selisih revaluasi atas penyusutan Excess of revaluation of depreciated

nilai revaluasian dan nilai perolehan 2,14 - - - - (3.998) - - 3.998 - revaluation value and cost value
Saldo pada tanggal 1 Januari 2018 12.223.155 178.759 - - 143.097 17.400 1.002 (11.051.089) 1.512.324 Balance as of January 1, 2018
Rugi neto tahun berjalan - - - - - - - (401.101) (401.101) Net loss for the year
Rugi komprehensif lain Other comprehensive loss

tahun berjalan - setelah pajak - - - - - (139.432) - (10.263) (149.695) for the year - net of tax
Rugi komprehensif tahun berjalan - - - - - (139.432) - (411.364) (550.796) Total comprehensive loss for the year
Pelaksanaan Penggabungan Nilai

Nominal Saham 27 (6) 6 - - - - - - - Effect of reverse stock split
Selisih revaluasi atas penyusutan Excess of revaluation of depreciated

nilai revaluasian dan nilai perolehan 2,14 - - - - (18.135) - - 18.135 - revaluation value and cost value
Reklasifikasi ke komponen ekuitas lain 24 - - - 353.375 - - - - 353.375 Reclassification to other components of equity
Saldo per 31 Desember 2018 12.223.149 178.765 - 353.375 124.962 (122.032) 1.002 (11.444.318) 1.314.903 Balance as of December 31, 2018
2018 Annual Report J Trust Bank

4
471
The original financial statements included herein are in theIndonesian language.

LAPORAN ARUS KAS STATEMENT OF CASH FLOWS
Catatan/
2018 Notes 2017
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan dari bunga serta provisi dan komisi 1.431.879 1.475.357 Interests, provisions and commissions received
Pembayaran bunga dan provisi (1.029.021) (1.005.217) Payments for interests and provisions
Penerimaan dari pelunasan dan penjualan Receipts from repayments and sale of
agunan yang diambil alih - 224.298 foreclosed assets
Pembayaran beban tenaga kerja (272.528) (236.078) Payments for employee expenses
Pembayaran untuk beban non-operasional - neto (84.195) (1.429) Payments for non-operating expense - net
Pembayaran beban umum dan administrasi (297.680) (144.153) Payments for general and administrative expenses
Penerimaan dari pendapatan Receipts from other
operasional lainnya - neto 70.653 59.332 operating income - net
Arus kas sebelum perubahan aset dan Cash flows before changes in operating
liabilitas operasi (180.892) 372.110 assets and liabilities
Penurunan (kenaikan) aset operasi: Decrease (increase) in operating assets:
Surat-surat berharga diperdagangkan 547.110 (618.562) Trading securities
Tagihan akseptasi - neto 9.651 (69.509) Acceptances receivables - net
Pinjaman yang diberikan 991.952 (678.338) Loans
Biaya dibayar dimuka dan uang muka (1.165.354) (73.188) Prepaid expenses and advances
Aset lain-lain 52.719 31.902 Other assets
Kenaikan (penurunan) liabilitas operasi: Increase (decrease) in operating liabilities:
Liabilitas segera (2.313) 6.073 Liabilties due immediately
Simpanan nasabah dan simpanan Deposits from customers and deposits
dari bank lain 770.028 967.277 from other banks
Liabilitas atas efek-efek yang dijual Securities sold under
dengan janji dibeli kembali 267.965 85.444 repurchase agreement
Beban masih harus dibayar dan liabilitas lain-lain (56.127) (158.279) Accrued expenses and other liabilities
Kas neto diperoleh dari (digunakan untuk) Net cash provided by (used in)
aktivitas operasi 1.234.739 (135.070) operating activities
ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES
Perolehan surat berharga tersedia untuk dijual - 76.063 Proceeds from sale of availabe-for-sale securities
Hasil perolehan surat berharga Acquisition of
tersedia untuk dijual (1.373.274) - availabe-for-sale securities
Perolehan aset tetap (21.452) 14 (16.094) Acquisition of fixed assets
Perolehan aset takberwujud (67.340) 15 (4.321) Acquisition of intangible assets
Hasil penjualan aset tetap 25.585 14 7.110 Proceeds from sale of fixed assets
Kas neto diperoleh dari (digunakan untuk) Net cash provided by (used in)
aktivitas investasi (1.436.481) 62.758 investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITY
Penerimaan pinjaman subordinasi 143.533 54 - Receipt of subordinated loan
NET DECREASE IN
PENURUNAN NETO KAS DAN SETARA KAS (58.209) (72.312) CASH AND CASH EQUIVALENTS
Effect of changes in foreign
Pengaruh perubahan kurs mata uang asing 24.528 27.078 currencies exchange rate
CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS AWAL TAHUN 1.847.145 1.892.379 AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS AKHIR TAHUN 1.813.464 1.847.145 AT END OF YEAR
Kas dan setara kas terdiri dari: Cash and cash equivalents consist of:
Kas 110.105 4 181.457 Cash
Giro pada Bank Indonesia 803.124 5 885.824 Current accounts with Bank Indonesia
Giro pada Bank lain 250.330 6 264.914 Current accounts with other banks
Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank lain jangka waktu jatuh tempo other banks - maturity within
3 bulan atau kurang sejak tanggal perolehan 649.905 7 514.950 3 months or less from the date of acquisition
Total 1.813.464 1.847.145 Total
5

CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2018 serta As of December 31, 2018 and
Untuk Tahun Yang Berakhir Pada Tanggal Tersebut For The Year Then Ended
1. UMUM 1. GENERAL
a. Pendirian Bank a. Establishment of the Bank
PT Bank JTrust Indonesia Tbk (“Bank”) semula PT Bank JTrust Indonesia Tbk (“Bank”) was
didirikan dengan nama PT Bank Century established under the name of PT Bank Century
Intervest Corporation berdasarkan akta Intervest Corporation by deed No. 136 dated
No. 136 tanggal 30 Mei 1989 yang dibuat May 30, 1989 of Lina Laksmiwardhani, S.H.,
di hadapan Lina Laksmiwardhani, S.H., substitute of Lukman Kirana, S.H., Notary
sebagai pengganti dari Lukman Kirana, S.H., in Jakarta. The deed of establishment
Notaris di Jakarta. Akta pendirian tersebut was approved by the Ministry of Justice
telah disahkan oleh Menteri Kehakiman of the Republic of Indonesia in its Decision
Republik Indonesia berdasarkan Surat Letter No. C2-6196.HT.01.01.TH’89 dated
Keputusan No. C2-6196.HT.01.01.TH’89 July 12, 1989 and published in the State
tanggal 12 Juli 1989 dan telah diumumkan Gazette of the Republic of Indonesia No. 36
dalam Berita Negara Republik Indonesia No. 36 Supplement No. 1959 dated May 4, 1993.
Tambahan No. 1959 tanggal 4 Mei 1993. Bank The Bank conducted a business combination
melakukan penggabungan atau merger dengan through merger with other banks in 2004.
bank-bank lainnya pada tahun 2004.
Anggaran dasar Bank telah mengalami The Bank’s articles of association have been
beberapa kali perubahan, terakhir dengan akta amended several times, the most recent
No. 64 tanggal 26 Juli 2018 yang dibuat di is by deed No. 64 dated July 26, 2018
hadapan Jose Dima Satria, S.H., M.Kn., Notaris of Jose Dima Satria, S.H., M.Kn., Notary in
di Jakarta, antara lain, mengenai perubahan Jakarta, concerning, the changes in issued and
modal ditempatkan dan disetor penuh. fully paid capital. The changes has been
Perubahan ini telah diterima dan dicatat dalam accepted and recorded in database of the Legal
database Sistem Administrasi Badan Hukum Entity Administration System of the Ministry
Kementerian Hukum dan Hak Asasi of Law and Human Rights of the Republic
Manusia Republik Indonesia berdasarkan of Indonesia based on its Letter
Surat No. AHU-AH.01.03-0238379 tanggal No. AHU-AH.01.03-0238379 and dated
Sejak tanggal 6 November 2008, Bank (dahulu Since November 6, 2008, the Bank (formerly
PT Bank Century Tbk) ditetapkan oleh Bank PT Bank Century Tbk) has been classified as
Indonesia sebagai Bank Dalam Pengawasan a Bank under Intensive Monitoring Unit
Khusus. by Bank Indonesia.
Pada tanggal 20 November 2008, berdasarkan On November 20, 2008, based on

Surat No. 10/232/GBI/Rahasia, Bank Indonesia Letter No. 10/232/GBI/Rahasia, Bank Indonesia
menetapkan Bank (dahulu PT Bank has determined the Bank (formerly PT Bank
Century Tbk) sebagai bank gagal yang Century Tbk) as a failed bank which was
ditengarai dapat berdampak sistemik. deemed as having systemic impact.
Selanjutnya, sesuai dengan Perpu No. 4 Tahun Furthermore, in accordance with Government
2008 tentang Jaring Pengaman Sistem Regulation No. 4 Year 2008 about the
Keuangan, Komite Stabilitas Sistem Safeguarding of Financial System, the Financial
Keuangan (KSSK) melalui Keputusan System Stability Committee (KSSK) through its
No. 04/KSSK.03/2008 tanggal 21 November Decree No. 04/KSSK.03/2008 dated
2008 menetapkan Bank (dahulu PT Bank November 21, 2008 classified the Bank
Century Tbk) sebagai bank gagal yang (formerly PT Bank Century Tbk) as a failed bank
berdampak sistemik dan menyerahkan which had systemic impact and assigned the
penanganannya kepada Lembaga Penjamin Bank to Deposit Insurance Corporation (“LPS”).
Simpanan (“LPS”).
Sehubungan dengan pengambilalihan Bank In relation with LPS takeover of the Bank
oleh LPS pada bulan November 2008, dalam in November 2008, in compliance with Article 42
rangka memenuhi ketentuan Pasal 42 Undang- of Law No. 24 Year 2004 as subsequently
Undang No. 24 Tahun 2004 sebagaimana telah amended with Law No. 7 Year 2009 regarding
diubah dengan Undang-Undang No. 7 Tahun LPS, the LPS has already conducted
2009 tentang LPS, maka LPS telah melakukan a divestment program for the majority of Bank’s
program divestasi atas mayoritas saham milik shares owned by LPS to the qualified
LPS pada Bank kepada calon investor yang prospective investor through strategic sale.
memenuhi syarat melalui penjualan strategis
(strategic sale).

6

1. UMUM (lanjutan) 1. GENERAL (continued)
a. Pendirian Bank (lanjutan) a. Establishment of the Bank (continued)
Berdasarkan hasil program divestasi, mayoritas Based on the results of divestment program,
saham LPS di Bank telah dialihkan kepada LPS’s majority shareholding in the Bank has
J Trust Co., Ltd., Jepang melalui perjanjian been sold to J Trust Co., Ltd., Japan through
penjualan dan pembelian saham bersyarat conditional sale and purchase agreement dated
tanggal 12 September 2014, surat kesepakatan September 12, 2014, letter of agreement dated
tanggal 18 November 2014 dan akta November 18, 2014 and deed of sale
pengambilalihan No. 52 tanggal 20 November and purchase agreement No. 52 dated
2014 yang dibuat di hadapan Jose Dima Satria, November 20, 2014 as covered by Jose Dima
S.H., M.Kn., Notaris di Jakarta. Satria, S.H., M.Kn., Notary in Jakarta.
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, the Bank’s
kantor pusat Bank beralamat di Gedung Sahid head office is located at Sahid Sudirman Center
rd
Sudirman Center Lantai 33, Jalan Jenderal Building, 33 Floor, Jalan Jenderal Sudirman
Sudirman No. 86, Jakarta Pusat. No. 86, Central Jakarta.
Bank memiliki kantor cabang, kantor cabang The Bank has branches, sub-branches and
pembantu dan kantor kas sebagai berikut: cash offices as follows:
2018 2017
Kantor cabang 22 22 Branches

Kantor cabang pembantu 23 20 Sub-branches
Kantor kas 2 3 Cash offices
Entitas induk terakhir Bank adalah J Trust Co., The ultimate parent of the Bank is J Trust Co.,
Ltd., Jepang. Ltd., Japan.
b. Penawaran Umum Saham Bank b. Public Offering of the Bank’s Shares
Pada bulan Juni 1997, Bank (dahulu PT Bank In June 1997, the Bank (formerly PT Bank CIC
CIC International Tbk) menjual 70.000.000 International Tbk) sold 70,000,000 shares
sahamnya yang bernilai nominal Rp 500 with par value of Rp 500 (full amount) per share
(nilai penuh) per saham dengan harga and offering price of Rp 900 (full amount) per
penawaran Rp 900 (nilai penuh) per saham share to public through stock exchange market
kepada masyarakat melalui pasar modal sesuai in accordance with the prevailing regulations.
dengan ketentuan perundang-undangan yang The initial public offering obtained an effective
berlaku. Penjualan saham kepada masyarakat statement from the Capital Market and Financial
ini telah memperoleh pernyataan efektif dari Institution Supervisory Board (Bapepam-LK)
Ketua Badan Pengawas Pasar Modal dan through its Letter No. S-1144/PM/1997 dated
Lembaga Keuangan (Bapepam-LK) melalui June 3, 1997.
Surat No. S-1144/PM/1997 tanggal 3 Juni 1997.
Pada bulan April 1999, Bank (dahulu PT Bank In April 1999, the Bank (formerly PT Bank
CIC International Tbk) melakukan Penawaran CIC International Tbk) conducted a Limited
Umum Terbatas I kepada para pemegang Public Offering I to its existing shareholders
sahamnya (Rights Issue I) dan menerbitkan (Rights Issue I) and issued 570,400,000
saham biasa sebanyak 570.400.000 saham common shares with par value of Rp 100
dengan nilai nominal Rp 100 (nilai penuh) (full amount) per share and offering price of
per saham dengan harga penawaran Rp 100 Rp 100 (full amount) per share, which were
(nilai penuh) per saham, dimana melekat attached to 213,900,000 Warrants Series I that
sejumlah 213.900.000 Waran Seri I yang dapat could be converted into shares starting from
dikonversikan menjadi saham mulai tanggal October 20, 1999 up to April 19, 2004.
20 Oktober 1999 sampai dengan 19 April 2004.

7

b. Penawaran Umum Saham Bank (lanjutan) b. Public Offering of the Bank’s Shares
(continued)
Setiap pemegang saham yang memiliki Each shareholder, who owned 20 (twenty)
20 (dua puluh) saham mempunyai Hak shares, was entitled to a Pre-emptive Right
Memesan Efek Terlebih Dahulu (HMETD) untuk (HMETD) to buy 8 (eight) new shares at the
membeli 8 (delapan) saham baru dengan harga price of Rp 100 (full amount) per share.
Rp 100 (nilai penuh) per saham. Di samping itu, In addition, every 8 (eight) new shares
pada setiap 8 (delapan) saham baru melekat were attached with 3 (three) Warrants Series I
3 (tiga) Waran Seri I yang diberikan secara which were given as an incentive.
cuma-cuma. Penawaran Umum Terbatas I ini The Limited Public Offering I obtained
telah mendapat persetujuan dari para an approval from the shareholders through
pemegang saham dalam Rapat Umum the Extraordinary General Meeting of
Pemegang Saham Luar Biasa yang diadakan Shareholders on March 9, 1999.
pada tanggal 9 Maret 1999.
Pada bulan Juli 2000, Bank (dahulu PT Bank In July 2000, the Bank (formerly PT Bank
Umum Terbatas II kepada para pemegang Public Offering II (Rights Issue II) to its
sahamnya (Rights Issue II) dan menerbitkan existing shareholders and issued 401,773,500
saham biasa sebanyak 401.773.500 saham common shares with par value of Rp 100
dengan nilai nominal Rp 100 (nilai penuh) per (full amount) per share and offering price of
saham dengan harga penawaran Rp 200 (nilai Rp 200 (full amount) per share, which were
penuh) per saham, dimana melekat sejumlah attached to 140,620,725 Warrants Series II,
140.620.725 Waran Seri II yang dapat that could be converted into shares starting from
dikonversikan menjadi saham mulai tanggal January 19, 2001 up to July 18, 2005.
19 Januari 2001 sampai dengan 18 Juli 2005. Each shareholder, who owned 5 (five) shares,
Setiap pemegang saham yang memiliki 5 (lima) was entitled to a Pre-emptive Right (HMETD) to
saham mempunyai Hak Memesan Efek Terlebih buy 1 (one) new share with an offering price of
Dahulu (HMETD) untuk membeli 1 (satu) saham Rp 100 (full amount) per share.
baru dengan harga Rp 100 (nilai penuh)
per saham.
Di samping itu, pada setiap 100 (seratus) In addition, every 100 (one hundred) new
saham baru melekat 35 (tiga puluh lima) Waran shares were attached with 35 (thirty five)
Seri II yang diberikan secara cuma-cuma. Warrants Series II which were given as
Penawaran Umum Terbatas II ini telah an incentive. The Limited Public Offering II was
mendapat persetujuan dari para pemegang approved by the shareholders through the
saham dalam Rapat Umum Pemegang Saham Extraordinary General Meeting of Shareholders
Luar Biasa yang diadakan pada tanggal 26 Juni on June 26, 2000 and obtained the
2000 dan memperoleh pernyataan efektif effective statement from Bapepam-LK through
dari Bapepam-LK melalui Surat Keputusan its Decision Letter No. S-1517/PM/2000 dated
No. S-1517/PM/2000 tanggal 26 Juni 2000. June 26, 2000.
Pada bulan Maret 2003, Bank (dahulu PT Bank In March 2003, the Bank (formerly PT Bank
Umum Terbatas III kepada para pemegang Public Offering III (Rights Issue III) to its existing
sahamnya (Rights Issue III) dan menerbitkan shareholders and issued 5,797,941,330
saham biasa sebanyak 5.797.941.330 saham common shares with par value of Rp 100 (full
dengan nilai nominal Rp 100 (nilai penuh) amount) per share and offering price of Rp 120
per saham dengan harga penawaran Rp 120 (full amount) per share, which were attached to
(nilai penuh) per saham, dimana melekat 173,938,240 Warrants Series III, that could be
sejumlah 173.938.240 Waran Seri III yang converted into shares starting from
dapat dikonversikan menjadi saham mulai September 26, 2003 up to April 7, 2008. Each
tanggal 26 September 2003 sampai dengan shareholder, who owned 5 (five) shares, was
7 April 2008. Setiap pemegang saham yang entitled to a Pre-emptive Right (HMETD) to buy
memiliki 5 (lima) saham mempunyai Hak 12 (twelve) new shares at the price of Rp 120
Memesan Efek Terlebih Dahulu (HMETD) untuk (full amount) per share.
membeli 12 (dua belas) saham baru dengan
harga Rp 120 (nilai penuh) per saham.

8

(continued)
Di samping itu, pada setiap 100 (seratus) In addition, every 100 (one hundred) new
saham baru melekat 3 (tiga) Waran Seri III shares were attached with 3 (three) Warrants
yang diberikan secara cuma-cuma. Penawaran Series III, which were given as an incentive. The
Umum Terbatas Ill tersebut telah mendapat Limited Public Offering III was approved by the
persetujuan dari para pemegang saham dalam shareholders through the Extraordinary General
Rapat Umum Pemegang Saham Luar Biasa Meeting of Shareholders on February 28, 2003
yang diadakan pada tanggal 28 Februari 2003 and obtained the effective statement from
dan memperoleh pernyataan efektif dari Bapepam-LK through its Decision Letter
Bapepam-LK melalui Surat Keputusan No. S-405/PM/2003 dated February 27, 2003.
No. S-405/PM/2003 tanggal 27 Februari 2003.
Pada bulan Juli dan Agustus 2003, Bank In July and August 2003, the Bank (formerly
(dahulu PT Bank CIC International Tbk) PT Bank CIC International Tbk) conducted a
melakukan Penawaran Umum Terbatas IV Limited Public Offering IV (Rights Issue IV) to its
kepada para pemegang sahamnya (Rights existing shareholders and issued 2,494,146,934
Issue IV) dan menerbitkan saham biasa common shares with par value of Rp 100
sebanyak 2.494.146.934 saham dengan nilai (full amount) per share and offering price of
nominal Rp 100 (nilai penuh) per saham dengan Rp 120 (full amount) per share, which were
harga penawaran Rp 120 (nilai penuh) attached to 2,244,732,240 Warrants Series IV,
per saham, dimana melekat sejumlah which could be converted into shares starting
2.244.732.240 Waran Seri IV yang dapat from January 22, 2004 up to August 3, 2008.
dikonversikan menjadi saham mulai tanggal
22 Januari 2004 sampai dengan
3 Agustus 2008.
Setiap pemegang saham yang memiliki Each shareholder, who owned 10 (ten)
10 (sepuluh) saham memiliki Hak Memesan shares, was entitled to a Pre-emptive Right
Efek Terlebih Dahulu (HMETD) untuk membeli (HMETD) to buy 3 (three) new shares
3 (tiga) saham baru dengan harga Rp 120 at a price of Rp 120 (full amount) per share.
(nilai penuh) per saham.
Di samping itu, pada setiap 10 (sepuluh) saham In addition, every 10 (ten) new shares were
baru melekat 9 (sembilan) Waran Seri IV attached with 9 (nine) Warrants Series IV,
yang diberikan secara cuma-cuma. Penawaran which were given as an incentive. The Limited
Umum Terbatas IV ini telah mendapat Public Offering IV was approved by
persetujuan dari para pemegang saham dalam shareholders through the Extraordinary General
Rapat Umum Pemegang Saham Luar Meeting of Shareholders on June 27, 2003 and
Biasa yang diadakan pada tanggal 27 Juni 2003 obtained the effective statement from
dan memperoleh pernyataan efektif dari Bapepam-LK through its Decision Letter
Bapepam-LK melalui Surat Keputusan No. S-1534/PM/2003 dated June 26, 2003.
No. S-1534/PM/2003 tanggal 26 Juni 2003. After the merger, the warrant’s price became
Setelah penggabungan, harga waran menjadi Rp 78 (full amount) per share.
Rp 78 (nilai penuh) per saham.
Pada bulan Juli 2007, Bank (dahulu PT Bank In July 2007, the Bank (formerly PT Bank
Century Tbk) melakukan Penawaran Umum Century Tbk) conducted a Limited Public
Terbatas V kepada para pemegang sahamnya Offering V (Rights Issue V) to its existing
(Rights Issue V) dan menerbitkan saham biasa shareholders and issued 5,670,029,955
sebanyak 5.670.029.955 saham dengan nilai common shares with par value of Rp 78
nominal Rp 78 (nilai penuh) per saham, dimana (full amount) per share, which were attached to
melekat sejumlah 5.670.029.955 Waran Seri V 5,670,029,955 Warrants Series V, which could
yang dapat dikonversikan menjadi saham mulai be converted into shares starting from
tanggal 19 Desember 2007 sampai dengan December 19, 2007 up to June 18, 2010.
18 Juni 2010. Setiap pemegang saham yang Each shareholder, who owned 4 (four) shares,
memiliki 4 (empat) saham memiliki Hak was entitled to a Pre-emptive Right (HMETD) to
Memesan Efek Terlebih Dahulu (HMETD) untuk buy 1 (one) new share for a price of Rp 78 (full
membeli 1 (satu) saham baru dengan harga amount) per share.
Rp 78 (nilai penuh) per saham.

9

(continued)
Di samping itu, pada setiap 1 (satu) saham baru In addition, every 1 (one) new share was
melekat 1 (satu) Waran Seri V yang diberikan attached with 1 (one) Warrant Series V, which
secara cuma-cuma. Penawaran Umum was given as an incentive. The Limited Public
Terbatas V ini telah mendapat persetujuan dari Offering V was approved by shareholders
para pemegang saham dalam Rapat Umum through the Extraordinary General Meeting of
Pemegang Saham Luar Biasa yang diadakan Shareholders on June 5, 2007 and obtained the
pada tanggal 5 Juni 2007 dan memperoleh effective statement from Bapepam-LK through
pernyataan efektif dari Bapepam-LK melalui it’s Decision Letter No. S-2648/BL/2007 dated
Surat Keputusan No. S-2648/BL/2007 tanggal June 5, 2007. At maturity date, there was a
5 Juni 2007. Pada saat jatuh tempo, terdapat 1 (one) warrant holder who exercised warrants
1 (satu) pemegang waran yang mengajukan for a number of 518 units or equivalent to
exercise waran sejumlah 518 unit atau senilai Rp 40,404, but the conversion did not
Rp 40.404, namun hal tersebut tidak dilakukan materialize since the LPS took over the Bank
terhitung sejak LPS melakukan penanganan and as the controlling shareholder of the Bank,
terhadap Bank dan selaku pemegang saham as stipulated in article 40 of Law of LPS, stating
pengendali Bank, berdasarkan UU LPS that the LPS to take over all rights and authority
pasal 40 menyatakan bahwa LPS mengambil of the General Meeting of Shareholders,
alih segala hak dan wewenang Rapat Umum ownership, management and/or other interests.
Pemegang Saham, kepemilikan, kepengurusan
dan/atau kepentingan lain.
Berdasarkan Surat Penghentian Sementara Based on the Letter of Temporary Suspension

Perdagangan Efek Bank (dahulu PT Bank on Shares Trading of Bank (formerly PT Bank
Century Tbk) No. Peng-23/BEI.PSJ/ Century Tbk) No. Peng-23/BEI.PSJ/SPT/11-
SPT/11-2008 tanggal 21 November 2008, 2008 dated November 21, 2008, in connection
sehubungan dengan adanya informasi material with a material information which has not been
yang belum disampaikan kepada publik tentang communicated to the public concerning
Bank, maka untuk mencegah terjadinya the Bank, to prevent unusual trading activity on
perdagangan yang tidak wajar atas the Shares Listed in Indonesian Stock
Efek Tercatat di Bursa Efek Indonesia dan untuk Exchange and to obtain more adequate
mendapatkan informasi yang lebih memadai information, the Stock Exchange decided to
tentang hal tersebut, Bursa Efek memutuskan impose a temporary trading suspension of the
untuk melakukan penghentian sementara Bank’s shares in all market (formerly PT Bank
perdagangan saham Bank (dahulu PT Bank Century Tbk) from the first session of trading
Century Tbk) di seluruh pasar mulai sesi securities on November 21, 2008 until further
pertama perdagangan saham pada tanggal notification. As of the issuance date of the
21 November 2008 hingga pengumuman lebih financial statements, the suspension is still on
lanjut. Sampai dengan tanggal penerbitan going.
laporan keuangan, penghentian tersebut masih
berlangsung.

10

(continued)
Berikut adalah informasi jumlah modal Below is the information on the Bank’s issued
saham Seri A dan Seri B yang ditempatkan dan and fully paid Series A and Series B
disetor penuh Bank sejak Penawaran Umum shares since the Initial Public Offering until
Perdana Saham sampai dengan tanggal December 31, 2018:
31 Desember 2018:
Jumlah Saham/
Keterangan Number of Shares Description
Saham Seri B: Series B Shares:

Saham Pendiri 160.000.000 Founders shares
Saham dari Penawaran Umum Perdana Saham Shares from Initial Pub lic Offering
pada tahun 1997 70.000.000 in 1997
Saham bonus pada bulan Agustus 1998 55.200.000 Bonus shares in August 1998
Pemecahan nilai saham pada bulan Maret 1999 1.140.800.000 Stock split in March 1999
Saham setelah pemecahan 1.426.000.000 Shares after stock split
Penawaran Umum Terbatas I pada

bulan April 1999 570.400.000 Limited Pub lic Offering I in April 1999
Pelaksanaan Waran Seri I 13.119.000 Exercise of Series I Warrants
Penawaran Umum Terbatas II pada
bulan Juli 2000 401.773.500 Limited Pub lic Offering II in July 2000
Pelaksanaan Waran Seri II 1.033.900 Exercise of Series II Warrants
Penawaran Umum Terbatas III pada
bulan Maret 2003 5.797.941.330 Limited Pub lic Offering III in March 2003
Pelaksanaan Waran Seri I 66.331.650 Exercise of Series I Warrants
Pelaksanaan Waran Seri II 37.223.788 Exercise of Series II Warrants
Penawaran Umum Terbatas IV pada
bulan Juli 2003 2.494.146.934 Limited Pub lic Offering IV in July 2003
Pelaksanaan Waran Seri I 250.000 Exercise of Series I Warrants
Pelaksanaan Waran Seri II 142.800 Exercise of Series II Warrants
Saham sebelum penggabungan usaha 10.808.362.902 Shares b efore merger

Saham dari penggabungan usaha pada
bulan Oktober 2004 6.769.653.639 Shares from merger in Octob er 2004
Saham setelah penggabungan usaha 17.578.016.541 Shares after merger
Penempatan langsung oleh Klass Consultant Inc. 2.381.538.461 Direct placement b y Klass Consultant Inc.
Pelaksanan Waran Seri II 145.950.973 Exercise of Series II Warrants
Pelaksanan Waran Seri III dan V 27.262 Exercise of Series III and V Warrants
Pelaksanan Waran Seri IV 2.574.613.843 Exercise of Series IV Warrants
Penawaran Umum Terbatas V pada
bulan Juni 2007 5.670.029.955 Limited Pub lic Offering V in June 2007
Jumlah Saham Seri B -

sebelum Pelaksanaan Penggabungan Total Series B share -
Nilai Nominal Saham (Reverse Stock Split) 28.350.177.035 b efore Reverse Stock Split
Pengaruh Pelaksanaan Penggabungan Nilai
Nominal Saham (Reverse Stock Split) Effect of Reverse Stock Split in
Juni 2018 (Catatan 26) (28.349.893.534) June 2018 (Note 26)
Jumlah Saham Seri B -
setelah pelaksanaan penggabungan Total Series B share -
nilai nominal saham (reverse stock split) 283.501 after reverse stock split

11


(continued)
Berikut adalah informasi jumlah modal Below is the information on the Bank’s issued
saham Seri A dan Seri B yang ditempatkan dan and fully paid Series A and Series B shares
disetor penuh Bank sejak Penawaran Umum since the Initial Public Offering until
Perdana Saham sampai dengan tanggal December 31, 2018 (continued):
31 Desember 2018 (lanjutan):
Jumlah Saham/
Keterangan Number of Shares Description
Penerbitan saham baru seri A: Issuance of Series A new shares:

Nopember 2008 676.236.100.000.000 Novemb er 2008
Januari 2014 124.948.000.000.000 January 2014
Januari 2015 30.000.000.000.000 January 2015
April 2015 30.000.000.000.000 April 2015
Oktober 2015 40.000.000.000.000 Octob er 2015
Maret 2017 100.000.000.000.000 March 2017
Jumlah Saham Seri A -

sebelum pelaksanaan penggabungan Total Series A shares -
nilai nominal saham (Reverse Stock Split) 1.001.184.100.000.000 b efore reverse stock split
Pengaruh pelaksanaan penggabungan nilai
nominal saham (Reverse Stock Split) Effect of reverse stock split in
Juni 2018 (Catatan 26) (1.001.174.088.159.000) June 2018 (Note 26)
Jumlah Saham Seri A -
setelah pelaksanaan penggabungan Total Series A shares -
nilai nominal saham (reverse stock split) 10.011.841.000 after reverse stock split
c. Susunan Manajemen Bank dan Karyawan c. Composition of the Bank’s Management and
Employees
Dewan Komisaris dan Direksi Boards of Commissioners and Directors
Susunan Dewan Komisaris dan Direksi Bank The composition of the Bank’s Boards of
pada tanggal 31 Desember 2018 berdasarkan Commissioners and Directors as of
Keputusan Rapat Umum Pemegang Saham December 31, 2018 was based on Resolution
Luar Biasa tanggal 20 September 2018, yang of the Bank’s Extraordinary General Meeting of
dinyatakan dalam Akta Notaris Jose Dima Shareholders dated September 20, 2018,
Satria, S.H., M.Kn., No. 43 pada tanggal yang as covered by Notarial Deed of Jose Dima
sama, yang telah diterima dan dicatat Satria, S.H., M.Kn., No. 43 on the same date,
dalam database Sistem Administrasi Badan which has been accepted and recorded in
Hukum Kementerian Hukum dan Hak Asasi database of the Legal Entity Administration
Manusia Republik Indonesia berdasarkan System of the Ministry of Law and Human
Surat No. AHU-AH.01.03-0254185 tanggal Rights of the Republic of Indonesia based on its
18 Oktober 2018. Letter No. AHU-AH.01.03-0254185 and dated
October 18, 2018.
Susunan Dewan Komisaris dan Direksi Bank The composition of the Bank’s Boards of
pada tanggal 31 Desember 2017 berdasarkan Commissioners and Directors as of
Keputusan Rapat Umum Pemegang Saham December 31, 2017 was based on Resolution
Tahunan tanggal 30 Maret 2017, yang of the Bank’s Annual General Meeting of
dinyatakan dalam Akta Notaris Jose Dima the Shareholders dated March 30, 2017, as
Satria, S.H., M.Kn., No. 118 pada tanggal yang covered by Notarial Deed of Jose Dima Satria,
sama, yang telah diterima dan dicatat S.H., M.Kn., No. 118 on the same date, which
dalam database Sistem Administrasi Badan has been accepted and recorded in database
Hukum Kementerian Hukum dan Hak of the Legal Entity Administration System
Asasi Manusia Republik Indonesia berdasarkan of the Ministry of Law and Human Rights
Surat No. AHU-AH.01.03-0122850 dan of the Republic of Indonesia based on
No. AHU-AH.01.03-0122851 tanggal 30 Maret its Letter No. AHU-AH.01.03-0122850
2017. and No. AHU-AH.01.03-0122851 dated
March 30, 2017.
12


(lanjutan) Employees (continued)
Dewan Komisaris dan Direksi (lanjutan) Boards of Commissioners and Directors
(continued)
Susunan Dewan Komisaris Bank pada tanggal The Bank’s Board of Commissioners
31 Desember 2018 dan 2017 adalah sebagai composition as of December 31, 2018 and
berikut: 2017 is as follows:
2018 2017
Dewan Komisaris: Board of Commissioners:

Komisaris Utama Nobiru Adachi Nobiru Adachi President Commissioner
Komisaris Nobuiku Chiba*) Shigeyoshi Asano Commissioner
Komisaris -**) Ahmad Fajar Commissioner
Komisaris Independen -***) Benny Luhur Independent Commissioner
Komisaris Independen Mahdi Mahmudy Mahdi Mahmudy Independent Commissioner
Komisaris Independen Kwik Ing Hie Kwik Ing Hie Independent Commissioner
*) Berlaku efektif setelah dinyatakan lulus uji *) Effective after passing fit and proper test by
kepatuhan dan kepatutan oleh Otoritas Jasa Financial Services Authority (OJK).
Keuangan (OJK).
**) Telah mengundurkan diri sejak tanggal 1 Mei **) Resigned effective on May 1, 2018.
2018.
***) Masa jabatan yang bersangkutan berakhir ***) His service tenure concluded after the closing
setelah penutupan Rapat Umum Pemegang of Bank’s Annual General Meeting of the
Saham Tahunan tanggal 28 Juni 2018. Shareholders on June 28, 2018.
Pada tanggal 25 Maret 2019, Bank telah On March 25, 2019, the Bank has change
mengubah Susunan Dewan Komisaris Bank. composition of Board of Commissioners.
Penjelasan lebih lanjut diungkapkan dalam Further details are disclosed in Note 56.
Catatan 56.
Susunan Direksi Bank adalah sebagai berikut: The Bank’s Board of Directors is as follows:
2018 2017
Direksi: Board of Directors:

Direktur Utama Shigeyoshi Asano****) Ritsuo Ando******) President Director
Direktur Ritsuo Ando*****) - Director
Direktur Felix Istyono Hartadi Tiono Felix Istyono Hartadi Tiono Director
Direktur -*******) Yosuke Tanaka Director
Direktur Helmi Arief Hidayat Helmi Arief Hidayat Director
Direktur Haryanto Budi Purnomo Haryanto Budi Purnomo ********) Director
Direktur Rio Lanasier Rio Lanasier *********) Director
-**********) Budi Tjahja Halim
****) Berlaku efektif setelah dinyatakan lulus uji ****) Effective after passing fit and proper test by
kepatuhan dan kepatutan oleh Otoritas Financial Services Authority (OJK).
Jasa Keuangan (OJK).
*****) Berdasarkan keputusan hasil Rapat Umum *****) Based on the resolution of Bank’s
Pemegang Saham Luar Biasa tertanggal Extraordinary Shareholders’ meeting of
******) Berdasarkan persetujuan OJK melalui ******) Based on the approval from OJK through
surat No. KEP-195/D.03/2017 tanggal their Letter No. KEP-195/D.03/2017 dated
26 Oktober 2017. October 26, 2017.
*******) Telah mengundurkan diri sejak tanggal *******) Resigned effective since June 28, 2018.
28 Juni 2018.

13

Dewan Komisaris dan Direksi (lanjutan) Boards of Commissioners and Directors

(continued)
********) Berdasarkan persetujuan OJK melalui ********) Based on the approval from OJK through
24 November 2017. November 24, 2017.
*********) Berdasarkan persetujuan OJK melalui *********) Based on the approval from OJK through
3 Oktober 2017. October 3, 2017.
**********) Penunjukkan yang bersangkutan sebagai **********) His appointment as Director is no longer
Direktur tidak lagi menjadi efektif sejak effective after closing of the Bank’s Annual
penutupan Rapat Umum Pemegang General Meeting of the Shareholders on
Saham Tahunan tanggal 28 Juni 2018. June 28, 2018.
Pada tanggal 25 Maret 2019, Bank telah On March 25, 2019, the Bank has changed the
mengubah Susunan Direksi Bank. Penjelasan composition of Board of Directors. Further
lebih lanjut diungkapkan dalam Catatan 56. details are disclosed in Note 56.
Komite Audit, Komite Pemantau Risiko dan Audit Committee, Risk Monitoring
Komite Remunerasi dan Nominasi Committee and Remuneration and
Nomination Committee
Susunan Komite Audit, Komite Pemantau Risiko The composition of Audit Committee, Risk
dan Komite Remunerasi dan Nominasi pada Monitoring Committee and Remuneration
tanggal 31 Desember 2018 dan 2017 adalah and Nomination Committee as of December 31,
sebagai berikut: 2018 and 2017 are as follows:
Komite Audit Audit Committee
Susunan Komite Audit pada tanggal The composition of Audit Committee as of

31 Desember 2018 berdasarkan Surat December 31, 2018 based on Board of
Keputusan Direksi No. 29.31/S.Kep-Dir- Directors’ Decision Letter No. 29.31/S.Kep-Dir-
HCD/JTrust/VI/2018 tanggal 29 Juni 2018 HCD/JTrust/VI/2018 dated June 29, 2018
adalah sebagai berikut: is as follows:
Ketua merangkap Anggota Mahdi Mahmudy Chairman and Member

Sekretaris merangkap Anggota Martinus Rosadi Nugroho Secretary and Member
Anggota Kwik Ing Hie Member
Anggota Amalia Setyanti Lestari Member
Susunan Komite Audit pada tanggal The composition of Audit Committee as of

31 Desember 2017 berdasarkan Surat December 31, 2017 based on Board of
HCD/JTrust/X/2017 tanggal 30 Oktober 2017 HCD/JTrust/X/2017 dated October 30, 2017,
Ketua merangkap Anggota Benny Luhur Chairman and Member

Sekretaris merangkap Anggota Martinus Rosadi Nugroho Secretary and Member
Anggota Mahdi Mahmudy Member
Anggota Amalia Setyanti Lestari Member

14

Komite Audit, Komite Pemantau Risiko dan Audit Committee, Risk Monitoring
Komite Remunerasi dan Nominasi (lanjutan) Committee and Remuneration and
Nomination Committee (continued)
Komite Pemantau Risiko Risk Monitoring Committee
Susunan Komite Pemantau Risiko pada tanggal The composition of Risk Monitoring Committee
31 Desember 2018 berdasarkan Surat as of December 31, 2018 based on Board of
HCD/JTrust/VI/2018 tanggal 29 Juni 2018 HCD/JTrust/VI/2018 dated June 29, 2018
Ketua merangkap Anggota Kwik Ing Hie Chairman and Member

Sekretaris merangkap Anggota Amalia Setyanti Lestari Secretary and Member
Anggota Martinus Rosadi Nugroho Member
Anggota Nobiru Adachi Member
Susunan Komite Pemantau Risiko pada tanggal The composition of Risk Monitoring Committee
31 Desember 2017 berdasarkan Surat as of December 31, 2017 based on Board of
HCD/JTrust/I/2017 tanggal 25 Januari 2017 HCD/JTrust/I/2017 dated January 25, 2017,
Ketua merangkap Anggota Mahdi Mahmudy Chairman and Member

Sekretaris merangkap Anggota Amalia Setyanti Lestari Secretary and Member
Anggota Benny Luhur Member
Anggota Martinus Rosadi Nugroho Member
Anggota Shigeyoshi Asano Member
Anggota Ahmad Fajar Member
Komite Remunerasi dan Nominasi Remuneration and Nomination Committee
Susunan Komite Remunerasi dan Nominasi The composition of Remuneration and

pada tanggal 31 Desember 2018 berdasarkan Nomination Committee as of December 31, 2018
Surat Keputusan Direksi No. 29.33/S.Kep-Dir- based on Board of Directors’ Decision
HCD/JTrust/VI/2018 tanggal 29 Juni 2018 Letter No. 29.33/S.Kep-Dir-HCD/JTrust/VI/2018
adalah sebagai berikut: dated June 29, 2018 is as follows:
Ketua Mahdi Mahmudy Chairman

Sekretaris merangkap Anggota N. Krisbiyanto Secretary and Member
Susunan Komite Remunerasi dan Nominasi The composition of Remuneration and

pada tanggal 31 Desember 2017 Nomination Committee as of December 31,
Surat Keputusan No. 21.03/S.Kep-Dir- 2017 based on Board of Directors’ Decision
HCD/JTrust/XI/2016 tanggal 21 November 2016 Letter No. 21.03/S.Kep-Dir-HCD/JTrust/XI/2016
adalah sebagai berikut: dated November 21, 2016, is as follows:
Ketua Benny Luhur Chairman

Sekretaris merangkap Anggota N. Krisbiyanto Secretary and Member
Anggota Shigeyoshi Asano Member

15


c. Susunan Manajemen Bank dan Karyawan c. Composition of the Bank’s Management
(lanjutan) and Employees (continued)
Divisi Sekretaris Perusahaan Corporate Secretary Division
Berdasarkan Surat Keputusan Direksi Based on the Board of Directors’
No. 13.10/S.Kep-Dir-HCD/JTRUST/IX/2018 Decision Letter No. 13.10/S.Kep-Dir-
tanggal 21 Mei 2018, Kepala Divisi Sekretaris HCD/JTRUST/IX/2018 dated May 21, 2018,
Perusahaan pada tanggal 31 Desember 2018 the Head of Corporate Secretary Division as of
adalah Rudyanto Gunawan. December 31, 2018 is Rudyanto Gunawan.
Berdasarkan Surat Keputusan Direksi Based on the Board of Directors’ Decision Letter
No. 16.24/S.Kep-Dir-HCD/JTRUST/I/2017 No. 16.24/S.kep-Dir-HCD/JTRUST/I/2017 dated
tanggal 16 Januari 2017, Kepala Divisi January 16, 2017, the Head of Corporate
Sekretaris Perusahaan pada tanggal Secretary Division as of December 31, 2017 is
31 Desember 2017 adalah Hasiholan Hasiholan Eybeneyzer S.
Eybeneyzer S.
Satuan Kerja Audit Intern Internal Audit Division
Berdasarkan Surat Keputusan Direksi Based on the Board of Directors’ Decision Letter
No. 26.31/S.Kep.Dir-HCD/JTRUST/X/2018 No. 26.31/S.Kep.Dir-HCD/JTRUST/X/2018
tanggal 26 Oktober 2018, Kepala Divisi Internal dated October 26, 2018, the Head of Internal
Audit pada tanggal 31 Desember 2018 adalah Audit Division dated December 31, 2018 is
Edi Alpian. Edi Alpian.
Berdasarkan Surat Keputusan Direksi Based on the Board of Directors’ Decision
No. 20.03/S.Kep-Dir-HCD/JTRUST/III/2017 Letter No. 20.03/S.Kep-Dir-HCD/JTRUST/III/
tanggal 20 Maret 2017, Kepala Divisi Internal 2017 dated March 20, 2017, the Head of Internal
Audit pada tanggal 31 Desember 2017 adalah Audit Division dated December 31, 2017 is Edi
Edi Alpian. Alpian.
Personil manajemen kunci Bank meliputi Dewan The Bank’s key management personnels are
Komisaris, Direksi dan Komite Audit. Boards of Commissioners, Directors and Audit
Committee.
Jumlah imbalan kerja jangka pendek dan jangka Total short-term and long-term employee
panjang kepada personil manajemen kunci benefits of the Bank’s key management
Bank untuk tahun yang berakhir pada tanggal personnel for the years ended December 31,
31 Desember 2018 dan 2017 adalah sebagai 2018 and 2017 are as follows:
berikut:
Dewan Komisaris/ Direksi/ Komite Audit/
Board of Commissioners Board of Directors Audit Committees
2018 2017 2018 2017 2018 2017
Imbalan kerja Short-term
jangka pendek 5.674 7.602 21.541 18.210 885 762 employee benefits
Imbalan kerja Long-term
jangka panjang 384 768 1.455 1.687 - - employee benefits
Total 6.058 8.370 22.996 19.897 885 762 Total
Tidak ada kompensasi dalam bentuk pesangon There are no compensation of termination
pemutusan kontrak kerja dan pembayaran benefits and share-based payment to the key
berbasis saham kepada personil manajemen management personnels.
kunci.
Bank memiliki masing-masing 971 dan 974 The Bank has 971 and 974 employees as of
karyawan pada tanggal 31 Desember 2018 December 31, 2018 and 2017, respectively.
dan 2017.
d. Penyelesaian Laporan Keuangan d. Completion of the Financial Statements
Manajemen Bank bertanggung jawab atas The management of the Bank is responsible
penyusunan dan penyajian wajar laporan for the preparation and fair presentation of
keuangan yang telah diselesaikan dan the financial statements that were
diotorisasi untuk diterbitkan pada tanggal completed and authorized to be issued on
27 Maret 2019. March 27, 2019.
16

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING 2. SUMMARY OF SIGNIFICANT ACCOUNTING

POLICIES
a. Dasar Penyusunan Laporan Keuangan a. Basis of Preparation of the Financial

Statements
Laporan keuangan telah disusun dan disajikan The financial statements have been prepared
sesuai dengan Standar Akuntansi Keuangan di and presented in accordance with the
Indonesia (“SAK”) dan Peraturan Bapepam dan Indonesian Financial Accounting Standards
LK No. VIII.G.7 Lampiran Keputusan Ketua (“SAK”), and Bapepam and LK Regulation
Bapepam-LK No. KEP-347/BL/2012 tanggal No. VIII.G.7 attachment of the Chairman of
25 Juni 2012 tentang “Pedoman Penyajian dan Bapepam and LK’s decree No. KEP-
Pengungkapan Laporan Keuangan Emiten atau 347/BL/2012 dated June 25, 2012, “Guidelines
Perusahaan Publik”. for Financial Statements Presentation and
Disclosure for Issuer or Public Companies”.
Kebijakan akuntansi yang diterapkan dalam The accounting policies adopted in the
penyusunan laporan keuangan adalah selaras preparation of the financial statements are
dengan kebijakan akuntansi yang diterapkan consistent with those made in the preparation
dalam penyusunan laporan keuangan Bank of the Bank’s financial statements for the year
untuk tahun yang berakhir pada tanggal ended December 31, 2017, except for
31 Desember 2017, kecuali bagi penerapan the adoption of several amended PSAK.
beberapa PSAK yang telah direvisi. Seperti As disclosed further in the relevant succeeding
diungkapkan dalam catatan-catatan terkait atas notes, several amended and published
laporan keuangan, beberapa standar akuntansi accounting standards were adopted effective
yang telah direvisi dan diterbitkan, diterapkan January 1, 2018.
efektif tanggal 1 Januari 2018.
Laporan keuangan, kecuali untuk laporan arus The financial statements, except for the
kas, disusun berdasarkan dasar akrual dengan statement of cash flows, have been prepared on
menggunakan konsep harga perolehan, kecuali the accrual basis using the historical cost basis
beberapa akun tertentu disusun berdasarkan of accounting, except for certain accounts which
pengukuran lain sebagaimana diuraikan dalam are measured on the bases described in the
kebijakan akuntansi masing-masing akun related accounting policies for those accounts.
tersebut.
Laporan arus kas disusun dengan The statement of cash flows was prepared
menggunakan metode langsung yang based on the modified direct method with cash
dimodifikasi, menyajikan penerimaan dan flows classified into cash flows from
pengeluaran kas dan setara kas yang operating, investing and financing activities.
diklasifikasikan ke dalam aktivitas operasi, For the purpose of the statement of cash flows,
investasi dan pendanaan. Untuk tujuan laporan cash and cash equivalents include cash,
arus kas, kas dan setara kas mencakup kas, current accounts with Bank Indonesia, current
giro pada Bank Indonesia, giro pada bank lain, accounts with other banks, and placements
dan penempatan pada Bank Indonesia dan with Bank Indonesia and other banks with
bank lain yang jatuh tempo dalam 3 (tiga) bulan original maturities of 3 (three) months or less
atau kurang sejak tanggal perolehan yang tidak from the acquisition date, which are not
dijaminkan atau dibatasi penggunaannya. pledged as collateral or restricted in use.
Dalam penyusunan laporan keuangan sesuai The preparation of financial statements in

dengan Standar Akuntansi Keuangan conformity with Indonesian Financial
di Indonesia, dibutuhkan pertimbangan, estimasi Accounting Standards requires use of
dan asumsi yang mempengaruhi: judgements, estimates and assumptions that
affect:
 penerapan kebijakan akuntansi;  the application of accounting policies;

 nilai aset dan liabilitas dilaporkan dan  the reported amounts of assets and
pengungkapan atas aset dan liabilitas liabilities and disclosure of contingent
kontinjensi pada tanggal laporan keuangan; assets and liabilities at the date of financial
dan statements; and
 jumlah pendapatan dan beban selama  the reported amounts of revenues and
periode pelaporan. expenses during reporting period.

17


(lanjutan) POLICIES (continued)
a. Dasar Penyusunan Laporan Keuangan a. Basis of Financial Statements Preparation

(lanjutan) (continued)
Walaupun estimasi ini dibuat berdasarkan Although these estimates are based on
pengetahuan terbaik manajemen atas kejadian management’s best knowledge of current
dan tindakan saat ini, hasil aktual mungkin events and activities, actual results may differ
berbeda dengan jumlah yang diestimasi semula. from those estimates.
Estimasi, asumsi dan pertimbangan akuntansi Significant accounting estimates, assumptions

signifikan yang diterapkan dalam penyusunan and judgements applied in the preparation of
laporan keuangan Bank diungkapkan pada the Bank’s financial statements are disclosed in
Catatan 3. Note 3.
Laporan keuangan disajikan dalam mata uang The financial statements are presented in
Rupiah, yang merupakan mata uang fungsional Indonesian Rupiah, which is the functional
Bank. currency of the Bank.
Seluruh angka dalam laporan keuangan ini, Figures in the financial statements are rounded
dibulatkan dan disajikan dalam jutaan Rupiah to and stated in millions of Rupiah (“Rp”),
(“Rp”), kecuali dinyatakan lain. unless otherwise specified.
b. Transaksi dan Saldo Dalam Mata Uang Asing b. Foreign Currency Transactions and
dan Saldo Translasi Balances Translation
Kebijakan akuntansi atas transaksi dan saldo Accounting policy for transactions and balances
dalam mata uang asing didasarkan pada in foreign currency is based on Bapepam-LK
peraturan Bapepam-LK No. VIII.G.7 dan rule No. VIII.G.7 and Guidelines of Accounting
Pedoman Akuntansi Perbankan Indonesia for Indonesian Bank (“PAPI”).
(“PAPI”).
Bank mengacu pada Pedoman Akuntansi The Bank refers to the Guidelines
Perbankan Indonesia (“PAPI”) dimana transaksi of Accounting for Indonesian Banks
dalam mata uang asing dijabarkan ke mata (“PAPI”) where transactions denominated in a
uang Rupiah dengan menggunakan kurs foreign currency are converted into Rupiah
laporan (penutupan) yang ditetapkan oleh Bank using the reporting (closing) rate set by Bank
Indonesia yaitu kurs tengah yang merupakan Indonesia that is middle rate based on the
rata-rata kurs beli dan kurs jual berdasarkan average of bid rate and ask rate of Reuters
Reuters pada yang berlaku pada pukul 16.00 prevailing at 16.00 Western Indonesian Time.
Waktu Indonesia Barat.
Keuntungan dan kerugian selisih kurs yang Exchange gains and losses arising from
timbul dari transaksi dalam mata uang asing transactions in foreign currency and on the
dan dari penjabaran aset dan liabilitas moneter translation of foreign currency monetary assets
dalam mata uang asing, diakui dalam laba rugi, and liabilities are recognized in the profit or loss,
kecuali apabila ditangguhkan pada ekuitas except when it is being deferred in equity as
karena memenuhi kualifikasi/kriteria sebagai qualifying cash flow hedges.
lindung nilai arus kas (hedging).
Selisih penjabaran mata uang asing atas aset Translation differences on other monetary
moneter keuangan lain yang diukur financial assets measured at fair value are
berdasarkan nilai wajar dicatat sebagai bagian included in foreign exchange gains and losses.
dari keuntungan dan kerugian selisih kurs.

18


b. Transaksi dan Saldo Dalam Mata Uang Asing b. Foreign Currency Transactions and
dan Saldo Translasi (lanjutan) Balances Translation (continued)
Kurs mata uang asing utama yang digunakan The major exchange rates used for translation
untuk menjabarkan ke mata uang Rupiah pada into Rupiah as of December 31, 2018 and 2017
tanggal 31 Desember 2018 dan 2017 (dalam (full amount) are as follows:
nilai penuh) adalah sebagai berikut:
2018 2017
Poundsterling Inggris 18.311 18.326 Great Britain Poundsterling

Euro Eropa 16.441 16.236 European Euro
Franc Swiss 14.595 13.901 Swiss Franc
Dolar Amerika Serikat 14.380 13.568 United States Dollar
Dolar Kanada 10.561 10.822 Canadian Dollar
Dolar Singapura 10.555 10.155 Singapore Dollar
Dolar Brunei Darussalam 10.555 10.155 Brunei Darussalam Dollar
Dolar Australia 10.162 10.594 Australian Dollar
Dolar Selandia Baru 9.659 9.651 New Zealand Dollar
Riyal Saudi Arabia 3.834 3.617 Saudi Arabian Riyal
Ringgit Malaysia 3.477 3.352 Malaysian Ringgit
Yuan Cina 2.090 2.081 China Yuan
Dolar Hong Kong 1.836 1.736 Hong Kong Dollar
Yen Jepang 131 121 Japanese Yen
c. Instrumen Keuangan c. Financial Instruments
Klasifikasi Classification
i. Aset keuangan i. Financial assets
Aset keuangan dalam lingkup PSAK 55 Financial assets within the scope of
(Revisi 2014) diklasifikasikan sebagai PSAK 55 (Revised 2014) are classified as
(i) aset keuangan yang diukur pada nilai (i) financial assets at fair value through
wajar melalui laba rugi, (ii) pinjaman yang profit or loss, (ii) loans and receivables,
diberikan dan piutang, (iii) investasi dimiliki (iii) held-to-maturity investments, or
hingga jatuh tempo, atau (iv) aset keuangan (iv) available for sale financial assets, as
tersedia untuk dijual, mana yang sesuai. appropriate. The Bank determines the
Bank menentukan klasifikasi aset keuangan classification of its financial assets at initial
tersebut pada saat pengakuan awal recognition and, where allowed and
dan, jika diperbolehkan dan sesuai, appropriate, re-evaluates the designation
mengevaluasi kembali pengklasifikasian of such assets at each financial year end.
aset tersebut pada setiap akhir tahun
keuangan.
ii. Liabilitas keuangan ii. Financial liabilities

Liabilitas keuangan dalam lingkup Financial liabilities within the scope of
PSAK 55 (Revisi 2014) dapat dikategorikan PSAK 55 (Revised 2014) are classified as
sebagai (i) liabilitas keuangan yang diukur (i) financial liabilities at fair value through
pada nilai wajar melalui laba rugi, profit or loss, (ii) financial liabilities
(ii) liabilitas keuangan yang diukur pada measured at amortized cost, or
biaya perolehan diamortisasi, atau (iii) (iii) as derivatives designated as hedging
derivatif yang ditetapkan sebagai instrumen instruments in an effective hedge, as
lindung nilai dalam lindung nilai yang efektif, appropriate. The Bank determines the
mana yang sesuai. Bank menentukan classification of its financial liabilities at
klasifikasi liabilitas keuangan pada saat initial recognition.
pengakuan awal.

19


c. Instrumen Keuangan (lanjutan) c. Financial Instruments (continued)
Klasifikasi (lanjutan) Classification (continued)
Tabel berikut menyajikan klasifikasi instrumen The following table presents the Bank’s
keuangan Bank berdasarkan karakteristik dari classification of financial instruments based on
instrumen keuangan tersebut: the characteristics of the financial instruments:
Instrumen Keuangan Klasifikasi/Classification Financial Instruments
Aset Keuangan: Financial Assets:
Kas Pinjaman yang diberikan dan piutang/ Cash

Loans and receivables
Giro pada Bank Indonesia Pinjaman yang diberikan dan piutang/ Current accounts with
Loans and receivables Bank Indonesia
Giro pada bank lain Pinjaman yang diberikan dan piutang/ Current accounts with
Loans and receivables other banks
Penempatan pada Bank Pinjaman yang diberikan dan piutang/ Placements with Bank
Indonesia dan bank lain Loans and receivables Indonesia and other banks
Surat-surat berharga Aset keuangan diukur pada nilai wajar Marketable securities
melalui laba rugi dan aset keuangan
tersedia untuk dijual/
Financial assets at fair value through profit
or loss and available-for-sale
financial assets
Tagihan derivatif Aset keuangan diukur pada nilai wajar Derivative receivables
melalui laba rugi/
Financial assets at fair value through
profit or loss
Pinjaman yang diberikan Pinjaman yang diberikan dan piutang/ Loans

Tagihan akseptasi Pinjaman yang diberikan dan piutang/ Acceptance receivables

Pendapatan bunga yang Pinjaman yang diberikan dan piutang/

masih akan diterima Loans and receivables Accrued interest income
Aset lain-lain Pinjaman yang diberikan dan piutang/ Other assets


20


Klasifikasi (lanjutan) Classification (continued)
Tabel berikut menyajikan klasifikasi instrumen The following table presents the Bank’s
keuangan Bank berdasarkan karakteristik dari classification of financial instruments based on
instrumen keuangan tersebut: (lanjutan) the characteristics of the financial instruments:
(continued)
Instrumen Keuangan Klasifikasi/Classification Financial Instruments
Liabilitas Keuangan: Financial Liabilities:
Liabilitas segera Liabilitas keuangan yang diukur pada biaya Obligations due immediately
perolehan diamortisasi/
Financial liabilities measured at
amortized cost
Simpanan nasabah Liabilitas keuangan yang diukur pada biaya Deposits from customers
amortized cost
Simpanan dari bank lain Liabilitas keuangan yang diukur pada biaya Deposits from other banks
amortized cost
Liabilitas derivatif Liabilitas keuangan yang diukur pada nilai Derivative payables
wajar melalui laba rugi/
Financial liabilities at fair value through
profit or loss
Liabilitas atas efek-efek Liabilitas keuangan yang diukur pada biaya Securities sold under
yang dijual dengan janji perolehan diamortisasi/ repurchase agreements_
kembali Financial liabilities measured at
amortized cost
Liabilitas akseptasi Liabilitas keuangan yang diukur pada biaya Acceptance payables
amortized cost
Bunga masih harus dibayar Liabilitas keuangan yang diukur pada biaya Accrued interest expenses
amortized cost
Beban yang masih harus Liabilitas keuangan yang diukur pada biaya Accrued expenses and
dibayar dan liabilitas lain- perolehan diamortisasi/ other liabilities_
lain Financial liabilities measured at
amortized cost
Pinjaman subordinasi Liabilitas keuangan yang diukur pada biaya Subordinated loan
amortized cost

21


Pengakuan dan Pengukuran Recognition and Measurement
i. Aset Keuangan i. Financial Assets
Aset keuangan pada awalnya diakui Financial assets are recognized initially at
sebesar nilai wajarnya ditambah, dalam hal fair value plus, in the case of investments
investasi yang tidak diukur pada nilai wajar not at fair value through profit or loss,
melalui laba rugi, biaya transaksi yang directly attributable transaction costs. The
dapat diatribusikan secara langsung. subsequent measurement of financial
Pengukuran aset keuangan setelah assets depends on their classification.
pengakuan awal tergantung pada
klasifikasinya.
Pembelian atau penjualan aset keuangan Purchases or sales of financial assets that
yang mensyaratkan penyerahan aset require delivery of assets within a time
dalam kurun waktu yang ditetapkan oleh frame established by regulation or
peraturan atau kebiasaan yang berlaku di convention in the market place (regular way
pasar (pembelian yang lazim/reguler) diakui trades) are recognized on the trade date,
pada tanggal perdagangan, yaitu tanggal i.e., the date that the Bank commits to
Bank berkomitmen untuk membeli atau purchase or sell the assets.
menjual aset tersebut.
a) Aset keuangan yang diukur pada nilai a) Financial assets at fair value through
wajar melalui laporan laba rugi profit or loss
Aset keuangan yang diukur pada nilai Financial assets at fair value through
wajar melalui laba rugi termasuk aset profit or loss includes financial assets
keuangan untuk diperdagangkan dan held for trading and financial assets
aset keuangan yang ditetapkan pada designated upon initial recognition at
saat pengakuan awal untuk diukur fair value through profit or loss.
pada nilai wajar melalui laba rugi.
Aset keuangan diklasifikasikan sebagai Financial assets are classified as held

kelompok diperdagangkan jika mereka for trading if they are acquired for the
diperoleh untuk tujuan dijual atau dibeli purpose of selling or repurchasing in
kembali dalam waktu dekat. Aset the near term. Derivative assets are
derivatif juga diklasifikasikan sebagai also classified as held for trading unless
kelompok diperdagangkan kecuali they are designated as effective
mereka ditetapkan sebagai instrumen hedging instruments. Financial assets
lindung nilai efektif. Aset keuangan at fair value through profit and loss are
yang diukur pada nilai wajar melalui carried in the statement of financial
laba rugi ditetapkan pada nilai wajar position at fair value with changes in
dalam laporan posisi keuangan fair value recognized in finance income
dengan perubahan nilai wajar diakui or finance costs in profit or loss.
sebagai pendapatan keuangan atau
biaya keuangan dalam laba rugi.
Setelah pengukuran awal, aset After initial recognition, the financial

keuangan yang dikelompokkan dalam assets included in this category are
kategori ini diukur sebesar nilai measured at fair value. The unrealized
wajarnya. Keuntungan atau kerugian gains or losses resulting from changes
yang belum direalisasi akibat in fair value are recognized in the profit
perubahan nilai wajar instrumen or loss.
keuangan tersebut diakui dalam
laba rugi.

22


Pengakuan dan Pengukuran (lanjutan) Recognition and Measurement (continued)
i. Aset Keuangan (lanjutan) i. Financial Assets (continued)
b) Pinjaman yang diberikan dan piutang b) Loans and receivables
Pinjaman yang diberikan dan piutang Loans and receivables include non-
adalah aset keuangan non-derivatif derivative financial assets with fixed or
dengan pembayaran tetap atau telah determinable payments that are not
ditentukan yang tidak dikuotasikan quoted in active markets, other than:
pada pasar aktif, kecuali:
- Aset dimana Bank memiliki intensi - Those that the Bank intends to sell
untuk menjual segera atau dalam immediately or in the near term and
waktu dekat dan pinjaman yang loans and receivables that the Bank
diberikan dan piutang yang diukur upon initial recognition designates
Bank pada nilai wajar melalui laba as at fair value through profit or loss;
rugi pada saat awal pengakuan;
- Aset dimana Bank, pada awal - Those that the Bank, upon initial
pengakuan, diakui sebagai tersedia recognition, designates as available-
untuk dijual; atau for-sale; or
- Aset dimana Bank mungkin tidak - Those for which the Bank may not
mendapat pengembalian secara recover substantially all of its initial
substansial atas investasi awal investment, other than because of
Bank, selain karena penurunan credit deterioration.
kualitas kredit aset keuangan.
Setelah pengukuran awal, pinjaman After initial measurements, loans

yang diberikan dan piutang selanjutnya and receivables are subsequently
diukur sebesar biaya perolehan measured at amortized cost using the
diamortisasi dengan menggunakan effective interest rate, less allowance
metode suku bunga efektif dikurangi for impairment. Amortized cost is
dengan penurunan nilai. Biaya calculated by taking into account any
perolehan diamortisasi dihitung discount or premium on acquisition and
dengan memperhitungkan adanya fees and costs that are an integral part
diskonto atau premi terkait dengan of the effective interest rate.
pengakuan awal serta fee dan biaya The effective interest rate amortization
yang merupakan bagian yang tidak and losses arising from impairment is
terpisahkan dari suku bunga efektif. included in the profit or loss.
Amortisasi suku bunga efektif dan
kerugian yang timbul atas penurunan
nilai diakui dalam laba rugi.
c) Aset keuangan tersedia untuk dijual c) Available-for-sale financial assets
Aset keuangan tersedia untuk dijual Available-for-sale financial assets are

adalah aset keuangan non-derivatif non-derivative financial assets that are
yang tidak diklasifikasikan sebagai neither classified as held-for-trading nor
dimiliki untuk diperdagangkan atau as at fair value through profit or loss,
ditetapkan pada nilai wajar melalui held-to-maturity, and loans and
laba rugi, dimiliki hingga jatuh tempo, receivables.
dan pinjaman yang diberikan dan
piutang.

23


i. Aset Keuangan (lanjutan) i. Financial Assets (continued)
c) Aset keuangan tersedia untuk dijual c) Available-for-sale financial assets

Setelah pengukuran awal, aset After initial measurement, available-for-

keuangan tersedia untuk dijual sale financial assets are subsequently
selanjutnya diukur sebesar nilai wajar. measured at fair value. Unrealized
Keuntungan atau kerugian yang belum gains and losses are recognized
direalisasi diakui langsung dalam directly in equity and other
ekuitas dan penghasilan komprehensif comprehensive income in the
lain sebagai “Keuntungan atau “Unrealized gains or losses on changes
kerugian yang belum direalisasi atas in fair value of available-for-sale
perubahan nilai wajar surat-surat securities”.
berharga yang tersedia untuk dijual”.
Penurunan nilai atas aset keuangan Impairment on available-for-sale

tersedia untuk dijual diakui dalam laba financial assets is recognized in the
rugi dan dikeluarkan dari penghasilan profit or loss and removed from other
komprehensif lain. comprehensive income.
ii. Liabilitas Keuangan ii. Financial Liabilities
a) Liabilitas keuangan yang diukur pada a) Financial liabilities measured at profit or

nilai wajar melalui laporan laba rugi loss
Liabilitas keuangan yang diukur pada Financial liabilities are measured at fair
nilai wajar melalui laba rugi terdiri value through profit or loss consist of
dari dua sub-kategori, yaitu liabilitas two sub-categories, financial liabilities
keuangan diklasifikasikan sebagai classified as held for trading and
diperdagangkan dan liabilitas keuangan financial liabilities designated by the
yang pada saat pengakuan awal telah Bank as at fair value through profit or
ditetapkan oleh Bank untuk diukur pada loss upon initial recognition.
nilai wajar melalui laba rugi.
Liabilitas keuangan diklasifikasikan A financial liability is classified as held

sebagai diperdagangkan jika diperoleh for trading if it is acquired or incurred
terutama untuk tujuan dijual atau dibeli principally for the purpose of selling or
kembali dalam waktu dekat atau jika repurchasing it in the near term or if it is
merupakan portofolio instrumen part of portfolio of identified financial
keuangan tertentu yang dikelola instrument that are managed together
bersama dan terdapat bukti mengenai and for which there is evidence of a
pola ambil untung dalam jangka pendek recent actual pattern of short-term profit
yang terkini. Derivatif diklasifikasikan taking. Derivatives are categorized as
sebagai liabilitas diperdagangkan held for trading unless they are
kecuali derivatif yang ditetapkan dan designated and effectively as hedging
efektif sebagai instrumen lindung nilai. instruments.
Setelah pengakuan awal, liabilitas After initial recognition, the financial

keuangan yang diukur pada nilai wajar liabilities at fair value through profit or
melalui laba rugi, dicatat sebesar nilai loss, are recorded at fair value.
wajar.

24


ii. Liabilitas Keuangan (lanjutan) ii. Financial Liabilities (continued)
a) Liabilitas keuangan yang diukur pada a) Financial liabilities measured at profit or

nilai wajar melalui laporan laba rugi loss (continued)
(lanjutan)
Keuntungan dan kerugian yang timbul Gains and losses arising from changes
dari perubahan nilai wajar liabilitas in fair value of financial liabilities
yang diklasifikasikan sebagai classified held for trading and
diperdagangkan dan yang diukur pada designated as at fair value through
nilai wajar melalui laba rugi dicatat profit or loss are recorded in the profit
dalam laba rugi. or loss.
b) Liabilitas keuangan yang diukur b) Financial liabilities measured at

berdasarkan biaya perolehan amortized cost
diamortisasi
Liabilitas keuangan yang diukur Financial liabilities measured at

berdasarkan biaya perolehan amortized cost are financial liabilities
diamortisasi merupakan liabilitas that are not classified as at fair value
keuangan yang selain atau tidak diukur through profit or loss.
pada nilai wajar melalui laba rugi.
Setelah pengakuan awal, Bank After initial recognition, the Bank

mengukur seluruh liabilitas measures all financial liabilities at
keuangan yang diukur dengan biaya amortized cost using the effective
perolehan yang diamortisasi dengan interest rate method.
menggunakan metode suku bunga
efektif.
Nilai Wajar dari Instrumen Keuangan Fair Value of Financial Instruments
Nilai wajar adalah harga yang akan diterima Fair value is the price that would be received to
untuk menjual suatu aset atau harga yang akan sell an asset or price to be paid to transfer
dibayar untuk mengalihkan suatu liabilitas a liability in an orderly transaction between
dalam transaksi teratur antara pelaku pasar market participants at the measurement date,
pada tanggal pengukuran tanpa memperhatikan regardless of whether that price is directly
apakah harga tersebut dapat diobservasi secara observable or estimated using another valuation
langsung atau diestimasi menggunakan technique. In estimating the fair value of an
teknik penilaian lain. Dalam mengukur nilai asset or a liability, the Bank takes into account
wajar atas suatu aset atau liabilitas pada the characteristics the asset or a liability if
tanggal pengukuran, Bank memperhitungkan market participants would take those
karakteristik suatu aset atau liabilitas jika pelaku characteristics into account when pricing the
pasar akan memperhitungkan karakteristik asset or liability at the measurement date.
tersebut ketika menentukan harga aset atau
liabilitas pada tanggal pengukuran.

25


Nilai Wajar dari Instrumen Keuangan (lanjutan) Fair Value of Financial Instruments (continued)
Jika tersedia, Bank mengukur nilai wajar When available, the Bank measures the fair
instrumen keuangan dengan menggunakan value of a financial instrument using the quoted
harga kuotasian di pasar aktif untuk instrumen price in an active market for that instrument.
tersebut. Suatu pasar dianggap aktif jika A market is regarded as active if transactions
transaksi atas aset dan liabilitas terjadi dengan for the asset or liability take place with sufficient
frekuensi dan volume yang memadai untuk frequency and volume to provide pricing
menyediakan informasi penentuan harga secara information on an ongoing basis.
berkelanjutan.
Jika harga kuotasian tidak tersedia di pasar If there is no quoted price in an active market,
aktif, Bank menggunakan teknik penilaian then the Bank uses valuation techniques that
dengan memaksimalkan penggunaan input maximize the use of relevant observable inputs
yang dapat diobservasi dan relevan dan and minimize the use of unobservable inputs.
meminimalkan penggunaan input yang tidak The chosen valuation technique incorporates all
dapat diobservasi. Teknik penilaian yang dipilih of the factors that market participants would
menggabungkan semua faktor yang take into account in pricing a transaction.
diperhitungkan oleh pelaku pasar dalam
penentuan harga transaksi.
Bukti terbaik atas nilai wajar instrumen The best evidence of the fair value of a financial
keuangan pada saat pengakuan awal adalah instrument at initial recognition is normally
harga transaksi, yaitu nilai wajar dari the transaction price, i.e., the fair value of
pembayaran yang diberikan atau diterima. Jika the consideration given or received.
Bank menetapkan bahwa nilai wajar pada If the Bank determines that the fair value at
pengakuan awal berbeda dengan harga initial recognition differs from the transaction
transaksi dan nilai wajar tidak dapat dibuktikan price and the fair value is evidenced neither by
dengan harga kuotasian di pasar aktif untuk a quoted price in an active market
aset atau liabilitas yang identik atau for an identical asset or liability nor based on
berdasarkan teknik penilaian yang hanya a valuation technique that uses only data from
menggunakan data dari pasar yang dapat observable markets, then the financial
diobservasi, maka nilai wajar instrumen instrument is initially measured at fair value,
keuangan pada saat pengakuan awal adjusted to defer the difference between the fair
disesuaikan untuk menangguhkan perbedaan value at initial recognition and the transaction
antara nilai wajar pada saat pengakuan awal price. Subsequently, that difference is
dan harga transaksi. Setelah pengakuan awal, recognized in profit or loss on an appropriate
perbedaan tersebut diakui dalam laba rugi basis over the life of the instrument but no later
berdasarkan umur dari instrumen tersebut than when the valuation is wholly supported by
namun tidak lebih lambat dari saat penilaian observable market data or the transaction is
tersebut didukung sepenuhnya oleh data pasar closed out.
yang dapat diobservasi atau saat transaksi
ditutup.
Jika aset atau liabilitas yang diukur pada nilai If an asset or a liability measured at fair value
wajar memiliki harga penawaran dan harga has a bid price and an ask price, then the Bank
permintaan, maka Bank mengukur aset dan measures assets and long positions at a bid
posisi long berdasarkan harga penawaran dan price and liabilities and short positions at an ask
mengukur liabilitas dan posisi short berdasarkan price.
harga permintaan.

26


Penghentian Pengakuan Derecognition
i. Aset keuangan i. Financial Asset
Suatu aset keuangan, atau mana yang A financial asset, or where applicable a part
berlaku, bagian dari aset keuangan atau of a financial asset or part of a group of
bagian dari kelompok aset keuangan similar financial assets, is derecognized
sejenis, dihentikan pengakuannya pada when:
saat:
(a) Hak kontraktual atas arus kas yang (a) The contractual rights to receive cash
berasal dari aset keuangan tersebut flows from the financial asset have
berakhir; atau expired; or
(b) Bank mentransfer hak kontraktual (b) The Bank has transferred its
untuk menerima arus kas yang berasal contractual rights to receive cash flows
dari aset keuangan atau menanggung from the financial asset or has
kewajiban untuk membayar arus kas assumed an obligation to pay them in
yang diterima tanpa penundaan yang full without material delay to a third
signifikan kepada pihak ketiga melalui party under a “pass-through”
suatu kesepakatan penyerahan dan arrangement and either (i) has
(i) secara substansial mentransfer transferred substantially all the risks
seluruh risiko dan manfaat atas and rewards of the financial asset, or
kepemilikan aset keuangan tersebut, (ii) has neither transferred nor retained
atau (ii) secara substansial tidak substantially all the risks and rewards
mentransfer dan tidak memiliki seluruh of the financial asset, but has
risiko dan manfaat atas kepemilikan transferred control of the financial
aset keuangan tersebut, namun telah asset.
mentransfer pengendalian atas aset
keuangan tersebut.
Ketika Bank telah mentransfer hak untuk When the Bank has transferred its rights to
menerima arus kas dari aset atau telah receive cash flows from an asset or has
menandatangani kesepakatan pelepasan entered into a pass-through arrangement,
(pass through arrangement), dan secara and has neither transferred nor retained
substansial tidak mentransfer dan tidak substantially all of the risks and rewards of
memiliki seluruh risiko dan manfaat atas the asset nor transferred control of the
aset keuangan, maupun mentransfer asset, the asset is recognized to the extent
pengendalian atas aset, aset tersebut of the Bank’s continuing involvement in the
diakui sejauh keterlibatan berkelanjutan asset.
Bank terhadap aset keuangan tersebut.
Keterlibatan berkelanjutan yang berbentuk Continuing involvement that takes the form
pemberian jaminan atas aset yang of a guarantee over the transferred asset is
ditransfer diukur sebesar jumlah terendah measured at the lower of the original
dari jumlah tercatat aset dan jumlah carrying amount of the asset and the
maksimal dari pembayaran yang diterima maximum amount of consideration that the
yang mungkin harus dibayar kembali oleh Bank could be required to repay.
Bank.
Dalam hal ini, Bank juga mengakui liabilitas In that case, the Bank also recognizes an
terkait. Aset yang ditransfer dan liabilitas associated liability. The transferred asset
terkait diukur dengan dasar yang and the associated liability are measured
mencerminkan hak dan liabilitas yang on a basis that reflects the rights and
masih dimiliki Bank. obligations that the Bank has retained.

27


Penghentian Pengakuan (lanjutan) Derecognition (continued)
i. Aset keuangan (lanjutan) i. Financial Asset (continued)
Pada saat penghentian pengakuan atas On derecognition of a financial asset in its

aset keuangan secara keseluruhan, maka entirety, the difference between the
selisih antara nilai tercatat dan jumlah dari carrying amount and the sum of (i) the
(i) pembayaran yang diterima, termasuk consideration received, including any new
setiap aset baru yang diperoleh dikurangi asset obtained less any new liability
setiap liabilitas baru yang harus assumed; and (ii) any cumulative gain or
ditanggung; dan (ii) setiap keuntungan atau loss that has been recognized directly in
kerugian kumulatif yang telah diakui secara equity is recognized in the profit or loss.
langsung dalam ekuitas harus diakui dalam
laba rugi.
ii. Liabilitas keuangan ii. Financial liabilities
Liabilitas keuangan dihentikan A financial liability is derecognized when

pengakuannya ketika liabilitas yang the obligation specified in the contract is
ditetapkan dalam kontrak dihentikan atau discharged or cancelled or expired.
dibatalkan atau kadaluarsa.
Ketika liabilitas keuangan saat ini When an existing financial liability is

digantikan dengan yang lain dari pemberi replaced by another from the same lender
pinjaman yang sama dengan persyaratan on substantially different terms, or the
yang berbeda secara substansial, atau terms of an existing liability are
modifikasi secara substansial atas substantially modified, such an exchange
ketentuan liabilitas keuangan yang saat ini or modification is treated as a
ada, maka pertukaran atau modifikasi derecognition of the original liability and the
tersebut dicatat sebagai penghapusan recognition of a new liability, and the
liabilitas keuangan awal dan pengakuan difference in the respective carrying
liabilitas keuangan baru, dan selisih antara amounts is recognized in profit or loss.
nilai tercatat liabilitas keuangan tersebut
diakui sebagai laba rugi.
Saling Hapus dari Instrumen Keuangan Offsetting of Financial Instruments
Aset keuangan dan liabilitas keuangan saling Financial assets and financial liabilities are
hapus dan nilai bersihnya dilaporkan dalam offset and the net amount reported in the
laporan posisi keuangan jika, dan hanya jika, statement of financial position if, and only if,
terdapat hak yang berkekuatan hukum untuk there is a currently enforceable legal right to
melakukan saling hapus atas jumlah yang telah offset the recognized amounts and there is an
diakui dari aset keuangan dan liabilitas intention to settle on a net basis, or to realize
keuangan tersebut dan terdapat intensi untuk the assets and settle the liabilities
menyelesaikan dengan menggunakan dasar simultaneously.
neto, atau untuk merealisasikan aset dan
menyelesaikan liabilitasnya secara bersamaan.
Reklasifikasi Instrumen Keuangan Reclassification of Financial Instruments
Bank tidak diperkenankan untuk mereklasifikasi The Bank does not reclassify a derivative out of
derivatif dari diukur pada nilai wajar melalui laba fair value through profit or loss classification
rugi selama derivatif tersebut dimiliki atau while it is held or issued.
diterbitkan.

28


Reklasifikasi Instrumen Keuangan (lanjutan) Reclassification of Financial Instruments

(continued)
Bank tidak diperkenankan untuk mereklasifikasi The Bank shall not reclassify any financial
setiap instrumen keuangan dari diukur pada instrument out of fair value through profit or loss
nilai wajar melalui laba rugi jika pada classification if upon initial recognition the
pengakuan awal instrumen keuangan tersebut financial instrument is designated by the Bank
ditetapkan oleh Bank sebagai diukur pada nilai as at fair value through profit or loss.
wajar melalui laba rugi.
Bank diperkenankan mereklasifikasi aset The Bank may reclassify a financial asset out of
keuangan dari diukur pada nilai wajar jika aset fair value through profit or loss classification if
keuangan tersebut tidak lagi dimiliki untuk the financial asset is no longer held for the
tujuan penjualan atau pembelian kembali dalam purpose of selling or repurchasing it in the near
waktu dekat (meskipun aset keuangan mungkin term (although the financial asset may have
telah diperoleh atau timbul terutama untuk been acquired or incurred principally for the
tujuan penjualan atau pembelian kembali dalam purpose of selling or repurchasing it in
waktu dekat). short-term).
Persyaratan untuk reklasifikasi adalah: Requirements for the reclassification are:
a) Dilakukan dalam situasi yang langka; a) Occurs in a rare circumstances;

b) Memenuhi definisi pinjaman yang diberikan b) Qualifies as loans and receivables
dan piutang (jika aset keuangan tidak definition (if the financial asset is not
disyaratkan untuk diklasifikasikan sebagai designated as at held for trading upon on
diperdagangkan pada pengakuan awal) dan initial recognition) and the Bank has the
Bank memiliki intensi dan kemampuan intention and ability to hold the financial
memiliki aset keuangan untuk masa assets for the future that can be forecasted
mendatang yang dapat diperkirakan atau or to maturity.
hingga jatuh tempo.
Bank diperkenankan untuk mereklasifikasi aset The Bank may reclassify a financial asset at
keuangan yang diklasifikasikan sebagai tersedia available-for-sale classification which qualifies
untuk dijual yang memenuhi definisi pinjaman as loans and receivables definition (if the
yang diberikan dan piutang (jika aset keuangan financial asset is not designated as at available-
tidak ditetapkan sebagai tersedia untuk dijual) for-sale) from available-for-sale if the Bank has
dari tersedia untuk dijual jika Bank memiliki the intention and ability to hold the financial
intensi dan kemampuan memiliki aset keuangan assets for the future that can be forecasted or
untuk masa mendatang yang dapat diperkirakan to maturity.
atau hingga jatuh tempo.
Bank tidak diperkenankan untuk The Bank shall not reclassify any financial
mereklasifikasikan aset keuangan dari kategori assets under the category of held-to-maturity.
dimiliki hingga jatuh tempo. Jika terjadi If there is a sale or reclassification of held-to-
penjualan atau reklasifikasi aset keuangan dari maturity financial asset for more than an
kelompok dimiliki hingga jatuh tempo dalam insignificant amount before maturity (other than
jumlah yang lebih dari jumlah yang tidak in certain specific circumstances), the entire
signifikan sebelum jatuh tempo (selain dari held-to maturity financial assets will have to be
kondisi-kondisi spesifik tertentu), maka seluruh reclassified as available-for-sale financial
aset keuangan yang dimiliki hingga jatuh tempo assets. Subsequently, the Bank shall not
harus direklasifikasi menjadi aset keuangan classify financial asset as held-to-maturity
yang tersedia untuk dijual. Selanjutnya, Bank financial assets during the following 2 (two)
tidak diperkenankan mengklasifikasi aset financial years.
keuangan sebagai aset keuangan yang dimiliki
hingga jatuh tempo selama 2 (dua) tahun buku
berikutnya.

29



(continued)
Kondisi spesifik yang dimaksud adalah sebagai The certain specific circumstances are as
berikut: follows:
a) Dilakukan ketika aset keuangan sudah a) If financial assets are so close to maturity or
mendekati jatuh tempo atau tanggal redemption date that changes in the market
pembelian kembali, dimana harga rate of interest would not have
perubahan suku bunga tidak akan a significant effect on their fair value of
berpengaruh secara signifikan terhadap nilai those financial assets;
wajar aset keuangan tersebut;
b) Ketika Bank telah memperoleh secara b) When the Bank has collected substantially
substansial seluruh jumlah pokok aset-aset all of the financial assets original principal
keuangan tersebut sesuai jadwal based on scheduled of payment or Bank
pembayaran atau Bank telah memperoleh receipt early prepayments; or
pelunasan dipercepat; atau
c) Terkait dengan kejadian tertentu yang c) Attributable to an isolated event that is
berada di luar kendali Bank, tidak berulang beyond the Bank’s control, is non-recurring
dan tidak dapat diantisipasi secara wajar and could not have been reasonably
oleh Bank. anticipated by the Bank.
Reklasifikasi aset keuangan dari kelompok Reclassification of fair value through profit or
diukur pada nilai wajar melalui laba rugi ke loss financial asset to loans and receivables
dalam kelompok pinjaman yang diberikan dan financial asset is recorded at cost or amortized
piutang dicatat pada biaya perolehan atau biaya cost. Unrealized gain or loss that has been
perolehan diamortisasi. Keuntungan atau recognized as profit or loss shall not be
kerugian yang telah diakui sebagai laba rugi reversed.
tidak dapat dibalik.
Reklasifikasi aset keuangan dari kelompok Reclassification of available-for-sale financial

tersedia untuk dijual ke dalam kelompok asset to loans and receivables financial asset is
pinjaman yang diberikan dan piutang dicatat recorded at cost or amortized cost. Gain or loss
pada biaya perolehan atau biaya perolehan which has previously been recognized in equity
diamortisasi. Keuntungan atau kerugian yang shall be accounted for as follows:
sebelumnya diakui dalam ekuitas dicatat
dengan cara sebagai berikut:
a) Jika aset keuangan memiliki jatuh a) In the case of a financial asset with a fixed
tempo tetap, keuntungan atau kerugian maturity, the gain or loss shall be amortized
diamortisasi ke laba rugi selama sisa umur to profit or loss over the remaining life of the
investasi dengan metode suku bunga efektif. investment using the effective interest rate
method.
b) Jika aset keuangan tidak memiliki jatuh b) In the case of a financial asset that does not
tempo yang tetap, keuntungan atau kerugian have a fixed maturity, the gain or loss shall
tetap dalam ekuitas sampai aset keuangan remain in equity until the financial asset is
tersebut dijual atau dilepaskan dan pada sold or otherwise disposed of, when it
saat itu keuntungan atau kerugian diakui incurred any gain or loss shall be
dalam laba rugi. recognized in profit or loss.

30



(continued)
Reklasifikasi dari kelompok yang dimiliki hingga Reclassification of held-to-maturity financial

jatuh tempo ke kelompok tersedia untuk dijual asset to available-for-sale is recorded at fair
dicatat sebesar nilai wajar. Keuntungan atau value. The unrealized gain or loss is recognized
kerugian yang belum direalisasi diakui dalam in equity until the time financial assets is
ekuitas sampai aset keuangan tersebut derecognized and at the time the cumulative
dihentikan pengakuannya dan pada saat itu gain or loss previously recognized in equity
keuntungan atau kerugian kumulatif yang shall be recognized in the profit or loss.
sebelumnya diakui dalam ekuitas diakui sebagai
laba rugi.
Reklasifikasi surat berharga dari dan ke Reclassification of securities into and out of the
klasifikasi diperdagangkan tidak diperbolehkan. trading portfolio is not allowed.
Pengungkapan Disclosure
Bank mengklasifikasikan pengukuran nilai wajar The Bank classifies fair value measurements
dengan menggunakan hirarki nilai wajar using a fair value hierarchy that reflects the
yang mencerminkan signifikansi input yang significance of the inputs used in making the
digunakan dalam melakukan pengukuran. measurements. The fair value hierarchy shall
Hirarki nilai wajar memiliki tingkat sebagai have the following levels:
berikut:
a) Harga kuotasian (tidak disesuaikan) dalam a) Quoted prices (unadjusted) in active

pasar aktif untuk aset dan liabilitas yang markets for identical assets or liabilities
identik (Tingkat 1); (Level 1);
b) Input selain harga kuotasian yang termasuk b) Inputs other than quote prices included
dalam Tingkat 1 yang dapat diobservasi within Level 1 that are observable for the
untuk aset dan liabilitas baik secara asset or liability either directly (example,
langsung (misalnya harga) atau secara price) or indirectly (example, derived from
tidak langsung (misalnya derivasi dari prices) (Level 2); and
harga) (Tingkat 2); dan
c) Input untuk aset dan liabilitas yang bukan c) Inputs for the asset and liability that are not
berdasarkan data pasar yang dapat based on observable market data
diobservasi (input yang tidak dapat (unobservable inputs) (Level 3).
diobservasi) (Tingkat 3).
Risiko pasar - analisis sensitivitas Market risk - sensitivity analysis
Bank mengungkapkan: The Bank discloses:
a) Analisis sensitivitas untuk setiap jenis risiko a) A sensitivity analysis for each type of
pasar dimana entitas terekspos pada akhir market risk to which the entity is exposed
periode pelaporan yang menunjukkan at the end of reporting period, showing how
bagaimana laba rugi dan ekuitas mungkin profit or loss and equity would have been
terpengaruh oleh perubahan pada variabel affected by changes in the relevant risk
risiko yang relevan yang mungkin dapat variable that were reasonably possible at
terjadi pada tanggal tersebut; that date;
b) Metode dan asumsi yang digunakan dalam b) The methods and assumptions used in
menyusun analisis sensitivitas; dan preparing the sensitivity analysis; and
c) Perubahan metode dan asumsi yang c) Changes from the previous year in the
digunakan tahun sebelumnya dan alasan methods and assumptions used and the
perubahannya. reasons for such changes.

31


Risiko pasar - analisis sensitivitas (lanjutan) Market risk - sensitivity analysis (continued)
Untuk pengukuran nilai wajar yang diakui dalam For fair value measurements recognized in the
laporan posisi keuangan untuk setiap kelompok statement of financial position for each class of
instrumen keuangan, Bank mengungkapkan: financial instruments, the Bank discloses:
a) Tingkat pada hirarki nilai wajar dimana a) The level in the fair value hierarchy into
pengukuran nilai wajar dikategorikan which the fair value measurements are
secara keseluruhan, memisahkan categorized in their entirety, segregating
pengukuran nilai wajar sesuai tingkat yang fair value measurements in accordance
ditentukan di atas. with the levels defined above.
b) Setiap pemindahan signifikan antara b) Any significant transfers between
Tingkat 1 dan Tingkat 2 pada hirarki nilai Level 1 and Level 2 of the fair value
wajar dan alasannya. Pemindahan ke hierarchy and the reasons for those
dalam setiap tingkat diungkapkan dan transfers. Transfer into each levels is
dijelaskan secara terpisah dari pemindahan disclosed and discussed separately from
keluar dari setiap tingkat. transfers out of each level.
d. Kas dan Setara Kas d. Cash and Cash Equivalents
Kas adalah mata uang kertas dan logam baik Cash represents currency bills and coins, both
Rupiah dan mata uang asing yang masih in Rupiah and foreign currencies, which are
berlaku sebagai alat pembayaran yang sah. valid as legal instruments of payment.
Kas yang telah ditentukan penggunaannya atau Appropriated cash or restricted cash that
kas yang tidak dapat digunakan secara bebas cannot be used freely cannot be classified
tidak diklasifikasikan dalam kas. Pengertian kas as cash. Cash also includes cash in vault,
termasuk kas besar, kas kecil, kas dalam petty cash, cash in transit and currency
perjalanan dan mata uang yang ditarik dari withdrawn from circulation and still within
peredaran dan yang masih dalam tenggang the grace period for exchange with Bank
untuk penukaran ke Bank Indonesia. Indonesia.
Untuk tujuan penyajian laporan arus kas, kas For statement of cash flows presentation
dan setara kas terdiri atas kas, giro pada Bank purposes, cash and cash equivalents consists
Indonesia, giro pada bank lain, penempatan of cash, current accounts with Bank Indonesia,
pada Bank Indonesia dan bank lain yang jatuh current accounts with other Banks, placements
tempo dalam 3 (tiga) bulan atau kurang sejak with Bank Indonesia and other banks with
tanggal perolehan yang tidak dijaminkan atau original maturities of 3 (three) months or less
dibatasi penggunaannya. from the acquisition date, which are not
pledged as collateral or restricted in use.
e. Giro pada Bank Indonesia dan Bank Lain e. Current Accounts with Bank Indonesia and
Other Banks
Giro pada Bank Indonesia dan bank lain setelah Subsequent to initial recognition, current
pengakuan awal dinilai sebesar biaya perolehan accounts with Bank Indonesia and other banks
diamortisasi dengan menggunakan metode are measured at their amortized cost using
suku bunga efektif dikurangi cadangan kerugian effective interest rate method less the
penurunan nilai. Penyisihan kerugian penurunan allowance for impairment losses. Allowance for
nilai diukur bila terdapat indikasi penurunan nilai impairment losses is assessed if there is an
dengan menggunakan metodologi penurunan indication of impairment using the impairment
nilai sebagaimana diungkapkan dalam methodology as disclosed in Note 2j.
Catatan 2j.

32


f. Penempatan pada Bank Indonesia dan Bank f. Placements with Bank Indonesia and Other
Lain Banks
Penempatan pada Bank Indonesia dan bank Placements with Bank Indonesia and other
lain merupakan penempatan dana pada banks represent placements of funds in Bank
Bank Indonesia dalam bentuk deposit facility, Indonesia in the form of deposit facility and
serta penempatan dana pada bank lain dalam placements with other banks in the form of
bentuk interbank call money, deposito berjangka interbank call money, time deposits and saving
dan tabungan. deposits.
Penempatan pada Bank Indonesia dinyatakan Placements with Bank Indonesia are stated at
sebesar saldo penempatan dikurangi dengan the outstanding balances less unearned
pendapatan bunga yang ditangguhkan. interest income.
Pada awal transaksi penempatan pada bank Placements with other banks are initially
lain dinilai berdasarkan nilai wajar ditambah measured at fair value plus direct attributable
biaya transaksi yang dapat diatribusikan secara transaction costs, if any and subsequently
langsung, jika ada dan selanjutnya diukur measured at their amortized cost using the
sebesar biaya perolehan diamortisasi dengan effective interest rate method. Allowance for
menggunakan metode suku bunga efektif. impairment losses is assessed if there is
Penyisihan kerugian penurunan nilai diukur bila an indication of impairment using the
terdapat indikasi penurunan nilai dengan impairment methodology as disclosed in
menggunakan metodologi penurunan nilai Note 2j.
sebagaimana diungkapkan dalam Catatan 2j.
g. Surat-surat Berharga g. Marketable Securities
Surat-surat berharga terdiri dari Sertifikat Bank Marketable securities consist of Certificates of
Indonesia, Obligasi Korporasi, Obligasi Bank Indonesia, Corporate Bonds, Government
Pemerintah, Obligasi Retail Indonesia, Wesel Bonds, Indonesian Retail Bonds, Medium Term
Jangka Menengah (Medium Term Notes) dan Notes and other debt marketable securities
efek lainnya yang diperdagangkan di bursa traded in stock exchanges.
efek.
Surat-surat berharga diklasifikasikan Marketable securities are classified as financial

sebagai aset keuangan dalam kelompok assets for trading and available-for-sale.
diperdagangkan dan tersedia untuk dijual.
Surat-surat berharga yang diklasifikasikan Marketable securities classified as trading are

ke dalam kelompok untuk diperdagangkan stated at fair value. The unrealized gains or
(“trading”) disajikan sebesar nilai wajarnya. losses resulting from the increase or decrease
Keuntungan atau kerugian yang belum in fair value are recognized in the statement of
direalisasi akibat kenaikan atau penurunan nilai profit or loss for current year. The interest
wajar disajikan dalam laporan laba rugi tahun income from debt securities is recorded in the
berjalan. Pendapatan bunga dari efek utang statement of profit or loss according to the
dicatat dalam laba rugi sesuai dengan terms of the contract. Upon sale of trading
persyaratan dalam kontrak. Atas penjualan securities portfolio, the difference between the
portofolio efek yang diperdagangkan, selisih selling price and the carrying value is
antara harga jual dengan nilai tecatat diakui recognized as a gain or loss in the period when
sebagai keuntungan atau kerugian penjualan the securities were sold.
pada periode dimana efek tersebut dijual.

33


g. Surat-surat Berharga (lanjutan) g. Marketable Securities (continued)
Surat-surat berharga yang diklasifikasikan ke Marketable securities classified as available-

dalam kelompok tersedia untuk dijual for-sale are stated at fair value. The unrealized
(“available-for-sale”) disajikan sebesar nilai gains or losses from increase (decrease) of fair
wajarnya. Keuntungan atau kerugian yang value, net of tax, is recognized and presented
belum direalisasikan dari kenaikan (penurunan) as other comprehensive income component.
nilai wajar, setelah pajak, diakui dan disajikan When the marketable securities is disposed,
sebagai komponen penghasilan komprehensif the cumulative gain or loss, net of tax,
lain. Ketika surat berharga tersebut dihapus, previously recognized in other comprehensive
keuntungan dan kerugian kumulatif setelah income, is recognized in the profit or loss. The
pajak, yang sebelumnya dicatat di penghasilan losses arising from impairment of such
komprehensif lain, diakui dalam laba rugi. marketable securities are recognized in the
Kerugian yang timbul dari penurunan nilai profit or loss and removed from other
pada surat berharga tersebut diakui dalam laba comprehensive income.
rugi dan dikeluarkan dari penghasilan
komprehensif lain.
Cadangan kerugian penurunan nilai dan The allowance for impairment losses and
kenaikan/penurunan nilai wajar disajikan changes in fair value are presented as
sebagai penambahan/pengurangan terhadap addition/deduction to the outstanding balance
saldo surat-surat berharga. Penyisihan kerugian of marketable securities. Allowance for
penurunan nilai diukur bila terdapat indikasi impairment losses is assessed if there is an
penurunan nilai dengan menggunakan indication of impairment using the impairment
metodologi penurunan nilai sebagaimana methodology as disclosed in Note 2j.
diungkapkan dalam Catatan 2j.
h. Instrumen Keuangan Derivatif h. Derivative Financial Instruments
Dalam melakukan usaha bisnisnya, Bank In conducting its business, the Bank conducts
melakukan transaksi instrumen keuangan transactions of derivative financial instruments
derivatif untuk mengelola eksposur pada risiko to manage exposure on market risks such as
pasar seperti risiko mata uang. Setiap kontrak currency risk. All derivative contracts are
derivatif dicatat sebagai aset apabila memiliki recorded as assets when fair value is positive
nilai wajar positif dan sebagai liabilitas apabila and as liabilities when fair value is negative.
memiliki nilai wajar negatif.
Keuntungan atau kerugian dari kontrak derivatif Gain or loss on a derivative contract not
yang tidak ditujukan untuk lindung nilai designated as a hedging instrument
(atau tidak memenuhi kriteria untuk dapat (or derivative contract that does not qualify as
diklasifikasikan sebagai lindung nilai) diakui a hedging instrument) is recognized in the profit
dalam laba rugi. or loss.
Instrumen derivatif melekat dipisahkan dari Embedded derivatives are separated from their
kontrak utama non-derivatif dan diperlakukan host non-derivative contract and accounted for
sebagai instrumen derivatif jika seluruh kriteria as a derivative instrument if all of the following
berikut terpenuhi: criteria are met:
1. Karakteristik ekonomi dan risiko dari derivatif 1. The economic characteristics and risks of
melekat tidak secara erat berhubungan the embedded derivative are not closely
dengan karakteristik ekonomi dan risiko related to those of economic characteristic
kontrak utama; and risk of the main contract;
2. Instrumen terpisah dengan kondisi yang 2. A separate instrument with the same terms
sama dengan instrumen derivatif melekat as the embedded derivative would meet
memenuhi definisi dari derivatif dan; the definition of a derivative and;
3. Instrumen hibrid (kombinasi) tidak diukur 3. The hybrid (combined) instrument is not
pada nilai wajar melalui laba rugi (dalam hal measured at fair value through profit or loss
ini derivatif melekat di dalam aset keuangan (i.e. a derivative that is embedded in
atau liabilitas keuangan yang diukur pada a financial asset or financial liability at fair
nilai wajar melalui laba rugi tidak value through profit or loss is not
dipisahkan). separated).

34


h. Instrumen Keuangan Derivatif (lanjutan) h. Derivative Financial Instruments (continued)
Seluruh instrumen derivatif (termasuk transaksi All derivatives instruments (including foreign
valuta asing untuk tujuan pendanaan dan exchange transactions for financing and
perdagangan) dicatat dalam laporan posisi trading) are recorded in the statement of
keuangan berdasarkan nilai wajarnya. financial position at fair value. The fair value is
Nilai wajar tersebut ditentukan berdasarkan based on the market rate, Reuters exchange
harga pasar, kurs Reuters pada tanggal rate at statement of financial position date,
pelaporan laporan posisi keuangan, diskonto discounted cash flows, option pricing models or
arus kas, model penentu harga opsi atau harga broker quoted price on other instruments with
yang diberikan oleh broker (quoted price) atas similar characteristics.
instrumen lainnya yang memiliki karakteristik
serupa.
Penyisihan kerugian penurunan nilai diukur bila Allowance for impairment losses is assessed
terdapat indikasi penurunan nilai dengan if there is an indication of impairment using
menggunakan metodologi penurunan nilai the impairment methodology as disclosed in
sebagaimana diungkapkan dalam Catatan 2j. Note 2j.
i. Pinjaman yang Diberikan i. Loans

Pinjaman yang diberikan diukur pada biaya Loans are measured at amortized cost using
perolehan diamortisasi menggunakan metode the effective interest rate method, less
suku bunga efektif, dikurangi dengan cadangan allowance for impairment losses. Amortized
kerugian penurunan nilai. Biaya perolehan cost is calculated by taking into account any
diamortisasi dihitung dengan memperhitungkan discount or premium on acquisition and
diskonto atau premi pada saat akuisisi dan transaction costs that are an integral part of
biaya transaksi yang merupakan bagian tidak effective interest rate. The amortization is
terpisahkan dari suku bunga efektif. recognized in the profit or loss. Allowance for
Amortisasi tersebut diakui dalam laba rugi. impairment losses is assessed if there is an
Penyisihan kerugian penurunan nilai diukur bila indication of impairment using the impairment
terdapat indikasi penurunan nilai dengan methodology as disclosed in Note 2j.
menggunakan metodologi penurunan nilai
sebagaimana diungkapkan dalam Catatan 2j.
Pinjaman yang diberikan dengan perjanjian Loan under channeling agreement are
penerusan kredit diakui sebesar porsi pinjaman recognized at the portion of loans in which
yang risikonya ditanggung oleh Bank. the risks are covered by the Bank.
Restrukturisasi pinjaman dilakukan terhadap Loan restructuring is performed for debtors who
debitur yang mengalami kesulitan untuk are facing financial difficulties in fulfilling their
memenuhi kewajibannya, yang dilakukan obligations, through a modification of the terms
melalui modifikasi persyaratan pinjaman seperti of the loan such as the extension of payment
perpanjangan jangka waktu pembayaran, terms, interest rate discount and definitions of
penurunan suku bunga pinjaman dan ketentuan the new loan. After restructuring, all future cash
pinjaman yang baru. Setelah restrukturisasi, receipts under the new terms are accounted for
semua penerimaan kas masa depan yang as the recovery of principal and interest
ditetapkan dalam persyaratan baru dicatat income, in accordance with the restructuring
sebagai pengembalian pokok pinjaman yang scheme.
diberikan dan pendapatan bunga sesuai dengan
syarat-syarat restrukturisasi.
Kerugian yang timbul dari restrukturisasi Losses on loan restructuring in respect of
pinjaman yang berkaitan dengan modifikasi modification of the terms of the loans are
persyaratan pinjaman diakui bila nilai sekarang recognized only if the present value of total
dari jumlah penerimaan kas yang akan datang future cash receipts specified by the new terms
yang telah ditentukan dalam persyaratan of the loans, including both receipts designated
pinjaman yang baru, termasuk penerimaan yang as interest and those designated as loan
diperuntukkan sebagai bunga maupun pokok, principal, are less than the carrying amount of
adalah lebih kecil dari nilai pinjaman yang loans before restructuring.
diberikan yang tercatat sebelum restrukturisasi.

35


i. Pinjaman yang Diberikan (lanjutan) i. Loans (continued)
Kerugian yang mungkin timbul dari The possible losses from loan restructuring are
restrukturisasi pinjaman merupakan bagian dari part of the allowance for impairment losses.
cadangan kerugian penurunan nilai.
Pinjaman yang diberikan dihapusbukukan ketika Loans are written-off when there are no realistic
tidak terdapat prospek yang realistis mengenai prospects of future recovery and all collateral
pengembalian di masa datang dan semua have been realized or have been foreclosed.
jaminan telah direalisasi atau sudah diambil alih. When loans are deemed uncollectible, they are
Pinjaman yang tidak dapat dilunasi written-off against the related allowance for
dihapusbukukan dengan mendebet cadangan impairment losses.
kerugian penurunan nilai.
Penerimaan kembali atas pokok pinjaman yang Subsequent recoveries of written-off loans are
diberikan yang telah dihapusbukukan credited by adjusting the allowance for
dikreditkan dengan menyesuaikan akun impairment losses account. Interest received on
cadangan kerugian penurunan nilai. loans previously written-off are recorded as
Penerimaan bunga atas pinjaman yang telah other operating income. Penalties received on
dihapusbukukan dicatat sebagai pendapatan loans previously written-off are recorded as
operasional lainnya. Penerimaan denda atas non-operating income.
pinjaman yang telah dihapusbukukan dicatat
sebagai pendapatan non-operasional.
j. Penurunan Nilai Aset Keuangan dan j. Impairment of Financial and Non-Financial

Non-Keuangan Assets
Penurunan Nilai Aset Keuangan Impairment of Financial Assets
Kriteria yang digunakan oleh Bank untuk The criteria that the Bank uses to determine
menentukan bukti objektif dari penurunan nilai that there is objective evidence of impairment
diantaranya adalah sebagai berikut: loss include:
a) Kesulitan keuangan signifikan yang dialami a) Significant financial difficulties of the issuer
penerbit atau pihak peminjam; or obligor;
b) Pelanggaran kontrak, seperti terjadinya b) Breach of contract, such as a default or

wanprestasi atau tunggakan pembayaran delinquency in interest or principal
pokok atau bunga; payments;
c) Pihak pemberi pinjaman, dengan alasan c) The lender, with economic or legal reasons
ekonomi atau hukum sehubungan dengan related to the financial difficulties
kesulitan keuangan yang dialami experienced by the debtor, provide relief
pihak peminjam, memberikan keringanan (concessions) to the debtor that can not
(konsesi) pada pihak peminjam yang tidak be provided if the debtor is not
mungkin diberikan jika pihak peminjam tidak experiencing those financial difficulties;
mengalami kesulitan tersebut;
d) Terdapat kemungkinan bahwa pihak d) It is probable that the debtor will

peminjam akan dinyatakan pailit atau declare bankruptcy or other financial
melakukan reorganisasi keuangan lainnya; reorganization;

36



Non-Keuangan Assets
Penurunan Nilai Aset Keuangan (lanjutan) Impairment of Financial Assets (continued)
e) Hilangnya pasar aktif dari aset keuangan e) The disappearance of an active market for
akibat kesulitan keuangan; atau that financial asset because of financial
difficulties; or
f) Data yang dapat diobservasi f) Observable data indicating that there is

mengindikasikan adanya penurunan yang a measurable decrease in the estimated
dapat diukur atas estimasi arus kas masa future cash flows from a group of financial
datang dari kelompok aset keuangan sejak assets since the initial recognition of the
pengakuan awal aset dimaksud, meskipun asset, although the decrease can not yet
penurunannya belum dapat diidentifikasi be identified to the individual financial
terhadap aset keuangan secara individual assets in the asset group, including:
dalam kelompok aset tersebut, termasuk:
1) Memburuknya status pembayaran pihak 1) Deterioration in the payment status of

peminjam dalam kelompok tersebut; dan debtors in the group; and
2) Kondisi ekonomi nasional atau lokal 2) National or local economic conditions

yang berkorelasi dengan wanprestasi that correlate with defaults on assets in
atas aset dalam kelompok tersebut. the group.
Jika terdapat bukti objektif bahwa penurunan If there is an objective evidence that an
nilai telah terjadi, jumlah kerugian diukur impairment loss has been incurred,
sebagai selisih antara nilai tercatat aset dengan the amount of the loss is measured as
nilai sekarang dari estimasi arus kas masa the difference between the asset’s carrying
depan (tidak termasuk kerugian kredit di masa amount and the present value of estimated
datang yang diharapkan tapi belum terjadi). future cash flows (excluding future expected
credit losses that have not yet been incurred).
Estimasi periode antara terjadinya peristiwa dan The estimated period between the incident and
teridentifikasinya kerugian ditentukan oleh the identification of loss is determined
manajemen untuk setiap portofolio yang by management for each identified portfolio.
diidentifikasi. Pada umumnya, periode tersebut In general, this period varies between 3 (three)
bervariasi antara 3 (tiga) sampai 12 (dua belas) to 12 (twelve) months, for a particular case
bulan, untuk kasus tertentu diperlukan periode requires a longer period.
yang lebih lama.
Untuk aset keuangan yang dicatat pada biaya For financial assets carried at amortized cost,
perolehan diamortisasi, Bank pertama kali the Bank initially assesses individually whether
menentukan apakah terdapat bukti objektif objective evidence of impairment exists
penurunan nilai secara individual atas aset individually for financial assets that are
keuangan yang signifikan secara individual, individually significant, or collectively for
atau secara kolektif untuk aset keuangan yang financial assets that are not individually
tidak signifikan secara individual. significant.
Penilaian secara individual dilakukan atas aset Individual assessment is performed on the
keuangan yang signifikan yang memiliki bukti significant financial assets that had objective
objektif penurunan nilai. Aset keuangan yang evidence of impairment. The insignificant
tidak signifikan dimasukkan dalam kelompok financial assets included in the group of
aset keuangan yang memiliki karakteristik risiko financial assets with similar credit risk
kredit yang sejenis dan dilakukan penilaian characteristics and assessed collectively.
secara kolektif.

37



Non-Keuangan (lanjutan) Assets (continued)
Pada setiap tanggal laporan posisi keuangan, The Bank assesses at each statement of
Bank mengevaluasi apakah terdapat bukti financial position date whether there is any
objektif bahwa aset keuangan atau kelompok objective evidence that a financial asset or
aset keuangan mengalami penurunan nilai. a group of financial assets is impaired.
Aset keuangan atau kelompok aset keuangan A financial asset or a group of financial assets
diturunkan nilainya dan kerugian penurunan is deemed to be impaired and impairment
nilai telah terjadi jika dan hanya jika, terdapat losses are incurred if and only if, there is an
bukti objektif mengenai penurunan nilai tersebut objective evidence of impairment as a result of
sebagai akibat dari satu atau lebih peristiwa one or more events that has occurred after the
yang terjadi setelah pengakuan awal aset initial recognition of the asset (an incurred loss
tersebut (peristiwa yang menyebabkan event), which has an impact on the estimated
penurunan nilai), yang berdampak pada future cash flows of the financial asset or the
estimasi arus kas masa depan atas aset group of financial assets that can be reliably
keuangan atau kelompok aset keuangan yang estimated.
dapat diestimasi secara andal.
Jika terdapat bukti objektif bahwa penurunan If there is an objective evidence that an
nilai telah terjadi, jumlah kerugian diukur impairment loss has been incurred, the amount
sebagai selisih antara nilai tercatat aset dan of the loss is measured as the difference
nilai kini dari estimasi arus kas masa datang between the asset’s carrying amount and
(tidak termasuk kerugian pinjaman di masa the present value of estimated future cash flows
datang yang belum terjadi) yang didiskonto (excluding future expected credit losses that
menggunakan suku bunga efektif awal dari aset have not yet been incurred) discounted using
keuangan tersebut. Nilai tercatat aset tersebut the financial asset’s original effective interest
dikurangi menggunakan cadangan kerugian rate. The carrying amount of the asset is
penurunan nilai dan jumlah kerugian penurunan reduced through the use of an allowance for
nilai diakui dalam laba rugi. Perhitungan nilai impairment losses account and the amount of
kini dari estimasi arus kas masa datang atas the loss is recognized in the profit or loss. The
asset keuangan dengan agunan mencerminkan calculation of the estimated future cash flows of
arus kas yang dapat dihasilkan dari a collateralized financial asset reflects the cash
pengambilalihan agunan dikurangi biaya-biaya flows that may result from foreclosure of assets
untuk memperoleh dan menjual agunan, less costs for obtaining and selling the
terlepas apakah pengambilalihan tersebut collateral, whether foreclosure is probable or
berpeluang terjadi atau tidak. not.
Jika Bank menentukan tidak terdapat bukti If the Bank determines that there is no objective
objektif mengenai penurunan nilai atas aset evidence of impairment value for an individually
keuangan yang dinilai secara individual, assessed financial asset, whether those
terlepas aset keuangan tersebut signifikan atau financial asset significant or not, the Bank
tidak, maka Bank memasukkan aset tersebut includes the asset in a group of financial assets
ke dalam kelompok aset keuangan yang with similar credit risk characteristics and
memiliki karakteristik risiko kredit yang serupa collectively assesses them for impairment.
dan menilai penurunan nilai kelompok tersebut The future cash flows of group of financial
secara kolektif. Arus kas masa datang dari assets that are collectively assessed are
kelompok keuangan yang penurunan nilainya estimated based on historical loss experience
dievaluasi secara kolektif, diestimasi of assets with similar credit risk characteristics
berdasarkan kerugian historis yang pernah with credit risk characteristics of such group in
dialami atas aset-aset yang memiliki risiko kredit the Bank. Assets that are individually assessed
yang serupa dengan karakteristik risiko kredit for impairment and for which an impairment
kelompok tersebut di Bank. Aset keuangan yang loss is or continues to be recognized are not
penurunan nilainya dilakukan secara individual included in a collective assessment of
dan untuk itu kerugian penurunan nilai telah impairment.
diakui atau tetap diakui, tidak termasuk dalam
penilaian penurunan nilai secara kolektif.

38



Bank menggunakan nilai wajar agunan sebagai The Bank uses fair value of the collateral as
dasar arus kas masa datang apabila memenuhi a basis for future cash flows if it meets one of
salah satu kondisi berikut: the following conditions:
1. Pinjaman bersifat collateral dependent, yaitu 1. Loans are collateral dependent, i.e.
jika pelunasan pinjaman hanya bersumber if the loan repayment is only from
dari agunan; atau the collateral; or
2. Pengambilalihan agunan kemungkinan 2. Foreclosure of collateral is likely to occur
besar terjadi dan didukung dengan and supported by legally binding collateral
perjanjian legal pengikatan agunan. agreements.
Penyisihan kerugian penurunan nilai secara Allowance for impairment losses on impaired
individual atas aset keuangan dihitung dengan financial assets is assessed individually by
menggunakan metode diskonto arus kas using discounted cash flows method.
(discounted cash flows method).
Bank menetapkan pinjaman yang harus The Bank determines the loans that must be
dievaluasi penurunan nilainya secara individual, evaluated for impairment on an individual basis,
jika memenuhi salah satu kriteria di bawah ini: if it meets one of the following criteria:
1. Pinjaman yang secara individual memiliki 1. Loans which individually have significant
nilai signifikan dan memiliki bukti objektif value and objective evidence of
penurunan nilai; atau impairment; or
2. Pinjaman yang direstrukturisasi yang secara 2. Restructured loans that individually have
individual memiliki nilai signifikan. significant value.
Berdasarkan kriteria di atas, penilaian secara Based on the above criteria, the collective
kolektif dilakukan untuk: (a) Pinjaman dalam assessment conducted to: (a) Loans in
segmen pasar korporasi dengan kolektibilitas the corporate market segment with the current
lancar dan dalam perhatian khusus serta tidak collectibility and special mention and not
direstrukturisasi; atau (b) Pinjaman dalam restructured; or (b) Loans in the small business
segmen pasar usaha kecil dan konsumen. market segment and consumers.
Perhitungan penyisihan kerugian penurunan Calculation of the allowance for impairment

nilai atas aset keuangan yang dinilai secara losses on financial assets that are collectively
kolektif berdasarkan pengalaman kerugian yang assessed based on past loss experience
lalu (historical loss experience). Pengalaman (historical loss experience). Historical loss
kerugian yang lalu disesuaikan menggunakan experience is adjusted by using basic
dasar data yang dapat diobservasi untuk observable data to reflect the effects of the
mencerminkan efek dari kondisi saat ini current state of the Bank’s credit risk and
terhadap risiko kredit Bank dan menghilangkan eliminate the effects of the past that is not
efek dari masa lalu yang sudah tidak berlaku applicable currently. Financial assets are
saat ini. Aset keuangan dikelompokkan classified based on similar credit risk
berdasarkan karakteristik risiko kredit yang characteristics such as considering credit
sama antara lain dengan mempertimbangkan segmentation and debtors payables.
segmentasi kredit dan tunggakan debitur.
Bank menggunakan migration analysis method, The Bank uses the migration analysis method
untuk menilai penyisihan kerugian penurunan to assess the allowance for loan impairment
nilai pinjaman dengan menggunakan data losses using historical data to calculate the
historis dalam menghitung Probability of Default Probability of Default (PD) and Loss of Given
(PD) dan Loss of Given Default (LGD). Default (LGD).

39



Aset keuangan dan penyisihan yang terkait Financial assets together with the associated
dihapuskan jika tidak ada peluang yang realistis allowance are written-off when there is
untuk pengembalian di masa datang dan semua no realistic prospect of future recovery and all
jaminan telah direalisasi atau sudah diambil alih collaterals have been released or have been
oleh Bank. Aset keuangan tersebut dihapus transferred to the Bank. Financial assets are
buku dengan menjurnal balik penyisihan written-off by reversing the allowance for
kerugian penurunan nilai. Aset keuangan impairment losses. Financial assets are
tersebut dapat dihapus buku setelah semua written-off if all necessary procedures have
prosedur yang diperlukan telah dilakukan dan been performed and the amount of loss has
jumlah kerugian telah ditentukan. been determined.
Jika, pada suatu periode berikutnya, jumlah If, in the next period, the amount of allowance
kerugian penurunan nilai berkurang dan for impairment losses decreased and the
pengurangan tersebut dapat dikaitkan secara decrease can be related objectively to an event
objektif pada peristiwa yang terjadi setelah that occured after the recognition of the
penurunan nilai diakui (seperti meningkatnya impairment losses (i.e. upgrade debtor’s or
peringkat pinjaman debitur atau penerbit), maka issuer’s collectibility), therefore the impairment
kerugian penurunan nilai yang sebelumnya loss that was previously recognized has to be
diakui harus dipulihkan, dengan menyesuaikan reversed, by adjusting the allowance account.
akun penyisihan. Jumlah pemulihan aset The reversal amount of financial assets is
keuangan diakui dalam laba rugi. recognized in the profit or loss.
Untuk aset keuangan yang tersedia untuk dijual, For available-for-sale financial assets, the Bank
pada setiap tanggal laporan posisi keuangan, assesses at each statement of financial position
Bank mengevaluasi apakah terdapat bukti date whether there is an objective evidence that
objektif bahwa aset keuangan mengalami the financial assets are impaired.
penurunan nilai.
Penurunan yang signifikan atau penurunan In case of debt instruments classified as

jangka panjang atas nilai wajar dari investasi available-for-sale, a significant or prolonged
dalam instrumen utang yang diklasifikasikan decline in the fair value of debt instrument
dalam kelompok tersedia untuk dijual di bawah below its cost is an objective evidence of
biaya perolehannya merupakan bukti objektif impairment resulting in the recognition of an
terjadinya penurunan nilai dan menyebabkan impairment loss. If any such evidence exists for
pengakuan kerugian penurunan nilai. Ketika available-for-sale financial assets, impairment
terdapat bukti tersebut di atas untuk aset yang losses on available-for-sale financial assets are
tersedia untuk dijual, kerugian penurunan nilai recognized by transferring the cumulative loss
atas aset keuangan yang tersedia untuk dijual that has been recognized directly in equity to
diakui dengan mengeluarkan kerugian kumulatif the profit or loss. The cumulative loss that has
yang telah diakui secara langsung dalam been removed from equity and recognized in
ekuitas ke dalam laba rugi. Jumlah kerugian the profit or loss is the difference between the
kumulatif yang dikeluarkan dari ekuitas dan acquisition cost, net of any principal repayment
diakui pada laba rugi merupakan selisih antara and amortization and the current fair value, less
biaya perolehan, setelah dikurangi pelunasan any impairment loss that previously recognized
pokok dan amortisasi, dengan nilai wajar kini, in the profit or loss.
dikurangi kerugian penurunan nilai aset
keuangan yang sebelumnya telah diakui pada
laba rugi.

40



Penurunan Nilai Aset Non-Keuangan Impairment of Non-Financial Assets
Pada setiap akhir periode pelaporan, Bank The Bank assesses at the end of each
menilai apakah terdapat indikasi suatu aset reporting period whether there is an indication
mengalami penurunan nilai. that an asset may be impaired.
Suatu aset mengalami penurunan nilai jika nilai Assets are considered as impaired when
tercatat aset lebih besar daripada nilai yang the carrying value of assets exceeded
dapat dipulihkan. Nilai tercatat dari aset the recoverable amount. The carrying amount
non-keuangan, kecuali aset pajak tangguhan, of non-financial assets, except for deferred tax
ditelaah setiap periode, untuk menentukan assets are reviewed at each period to
apakah terdapat indikasi penurunan nilai. Jika determine whether there is any indication of
terdapat indikasi penurunan nilai, maka Bank impairment. If any such indication exists the
akan melakukan estimasi jumlah nilai yang assets recoverable amount is estimated.
dapat dipulihkan.
Pengujian penurunan nilai atas aset The testing of impairment of intangible assets
takberwujud yang memiliki masa manfaat yang that have indefinite useful lives or that are not
tidak terbatas dilakukan secara tahunan pada yet available for use, is performed annually at
saat yang sama, dengan membandingkan nilai the same time, by comparing the carrying
tercatatnya dengan jumlah yang dapat amount with the recoverable amount.
dipulihkan.
Jumlah yang dapat dipulihkan dari suatu aset The recoverable amount of an assets or Cash
atau Unit Penghasil Kas (UPK) adalah sebesar Generating Unit (CGU) is greater of its value in
jumlah yang lebih tinggi antara nilai pakainya use and its fair value or CGU less cost to sell.
dan nilai wajar aset atau UPK dikurangi biaya In assessing value in use, the estimated future
untuk menjual. Dalam menentukan nilai pakai, cash flows are discounted to their present value
estimasi arus kas masa depan didiskontokan ke using a pre-tax discount rate that reflects
nilai sekarang dengan menggunakan tingkat current market assessment of the time value of
diskonto sebelum pajak yang mencerminkan money and the risk specific to the assets.
penilaian pasar saat ini terhadap nilai kas kini
dan risiko spesifik terhadap aset tersebut.
Untuk tujuan pengujian penurunan nilai, aset For the purpose of impairment testing, assets
yang tidak dapat diuji secara individual akan that cannot be tested individually are grouped
digabungkan dengan kelompok yang lebih kecil together into the smallest group that generates
yang memberikan arus kas masuk dari cash inflows from continuing use that are
penggunaan berkelanjutan yang sebagian largely independent of the cash inflows of other
besar independen terhadap arus kas masuk assets or CGU.
atas aset lainnya atau UPK.
Penyisihan penurunan nilai diakui jika nilai An impairment loss is recognized if the carrying
tercatat dari suatu aset atau UPK melebihi nilai amount of an asset or CGU exceeds its
yang dapat diperoleh kembali. Penyisihan recoverable amount. Impairment losses are
penurunan nilai diakui pada laba rugi. recognized in the profit or loss.
Penyisihan penurunan nilai diakui pada periode Impairment losses recognized in prior period
sebelumnya dinilai pada setiap tanggal are assessed at each reporting date for any
pelaporan untuk melihat adanya indikasi bahwa indications that the loss has decreased or no
kerugian telah menurun atau tidak ada lagi. longer exists. An impairment loss is reversed
Kerugian penurunan nilai dipulihkan jika if there has been changes in the estimates
terdapat perubahan estimasi yang digunakan used to determine the recoverable amount.
dalam menentukan nilai yang dapat dipulihkan.

41


k. Tagihan dan Liabilitas Akseptasi k. Acceptance Receivables and Payables
Dalam kegiatan aktivitas bisnisnya, Bank In the ordinary course of business, the Bank
memberikan jaminan keuangan, seperti letters provides financial guarantees, consisting of
of credit, bank garansi dan akseptasi. letters of credit, bank guarantees and
acceptances.
Tagihan akseptasi diukur pada biaya perolehan Acceptance receivables are measured at
diamortisasi menggunakan metode suku bunga amortized cost using the effective interest rate
efektif, dikurangi dengan penyisihan kerugian method, less allowance for impairment losses.
penurunan nilai. Liabilitas akseptasi diukur pada Acceptance payables are measured at
biaya perolehan diamortisasi menggunakan amortized cost by using the effective interest
metode suku bunga efektif. rate method.
Penyisihan kerugian penurunan nilai dilakukan Allowance of impairment losses is calculated
bila terdapat indikasi penurunan nilai dengan if there is an objective evidence of impairment
menggunakan metodologi penurunan nilai by using the impairment methodology as
sebagaimana diungkapkan dalam Catatan 2j. disclosed in Note 2j.
l. Aset Tetap l. Fixed Assets
Aset tetap dinyatakan berdasarkan nilai Fixed assets are stated at revalued amount
revaluasi yang merupakan nilai wajar pada which is being the fair value at the date of
tanggal revaluasi dikurangi akumulasi revaluation less accumulated depreciation and
penyusutan dan akumulasi rugi penurunan nilai accumulated impairment losses occurring after
yang terjadi setelah tanggal revaluasi. Revaluasi the date of revaluation. Revaluation is made
dilakukan dengan keteraturan yang cukup with sufficient regularity to ensure that carrying
regular untuk memastikan bahwa jumlah amount does not differ materiality from the
tercatat tidak berbeda secara material dan amount determined using fair value at the
jumlah yang ditentukan dengan menggunakan statement of financial position date.
nilai wajar pada tanggal laporan posisi
keuangan.
Kenaikan yang berasal dari revaluasi aset tetap Any revaluation increase arising on the
langsung dikreditkan ke akun ‟Surplus revaluasi revaluation of such fixed assets is credited to
aset tetap” pada pendapatan komprehensif lain, the “Revaluation surplus on fixed assets”
kecuali sebelumnya penurunan revaluasi atas account in other comprehensive income, except
aset yang sama pernah diakui dalam laporan to the extent that it reverses a revaluation
laba rugi dan penghasilan komprehensif lain, decrease, for the same asset which was
dalam hal ini kenaikan revaluasi sehingga previously recognized in profit or loss, in which
sebesar penurunan nilai aset akibat revaluasi case the increase is credited to profit and loss
tersebut, dikreditkan dalam laporan laba rugi to the extent of the decrease previously
dan penghasilan komprehensif lain. Penurunan charged. A decrease in carrying amount arising
jumlah tercatat yang berasal dari revaluasi on the revaluation of such land and buildings is
tanah dan bangunan dibebankan dalam laporan charged to profit or loss to the extent that it
laba rugi dan penghasilan komprehensif lain exceeds the balance, if any, held in the
apabila penurunan tersebut melebihi saldo properties revaluation reserve relating to a
surplus revaluasi aset yang bersangkutan, jika previous revaluation of such land and buildings.
ada.
Surplus revaluasi yang dipindahkan secara A periodic annual transfer from the asset
periodik ke saldo rugi adalah sebesar revaluation surplus to deficit is made for the
perbedaan antara jumlah penyusutan difference between depreciation based on the
berdasarkan nilai revaluasian aset dengan revalued carrying amount of the assets and
jumlah penyusutan berdasarkan biaya depreciation based on the original cost of the
perolehan aset tersebut. Selanjutnya, akumulasi assets. Additionally, accumulated depreciation
penyusutan pada tanggal revaluasian as at the revaluation date is eliminated against
dieliminasi terhadap jumlah tercatat bruto dari the gross carrying amount of the asset and the
aset dan jumlah tercatat neto setelah eliminasi net asset amount is restated to the revalued
disajikan kembali sebesar jumlah revaluasian amount of the asset. Upon disposal, any
dari aset tersebut. Pada saat penghentian aset, revaluation surplus relating to the particular
surplus revaluasi untuk aset tetap yang dijual asset being sold is transferred to deficit.
dipindahkan ke saldo rugi.

42


l. Aset Tetap (lanjutan) l. Fixed Assets (continued)
Semua biaya yang terjadi sehubungan dengan All costs incurred in connection with the
perolehan hak atas tanah, diakui sebagai biaya acquisition of land right are recognized as the
perolehan hak atas tanah. Biaya pengurusan acquisition cost of land right. The legal cost
legal hak atas tanah ketika tanah diperoleh incurred when the land was first acquired is
pertama kali diakui sebagai bagian dari biaya recognized as part of the acquisition cost of land
perolehan aset tanah. right.
Hak atas tanah tidak disusutkan kecuali Land right is not depreciated unless there is
terdapat bukti sebaliknya yang mengindikasikan contrary evidence indicating that the extension
bahwa perpanjangan atau pembaruan hak atas or renewal of land right is likely or definitely not
tanah kemungkinan besar atau pasti tidak obtainable.
diperoleh.
Penyusutan dihitung dengan menggunakan Depreciation is computed using the straight-line

metode garis lurus berdasarkan taksiran masa method over the estimated useful lives of the
manfaat ekonomis aset tetap, sebagai berikut: assets as follows:
Tahun/Years
Bangunan 20 Buildings
Inventaris kantor 4-8 Office equipment
Kendaraan 4-8 Vehicles
Jumlah tercatat aset tetap dihentikan The carrying value of fixed assets is
pengakuannya pada saat dilepaskan atau saat derecognized upon disposal or when no future
tidak ada manfaat ekonomis masa depan yang economic benefits are expected from its use.
diharapkan dari penggunaannya. Laba atau rugi Any gain or loss arising on derecognition of the
yang timbul dari penghentian pengakuan aset assets is charged to profit or loss in the year the
diakui dalam laporan laba rugi pada tahun aset assets is derecognized.
tersebut dihentikan pengakuannya.
Nilai residu, estimasi masa manfaat dan metode The residual values, estimated useful lives, and
penyusutan diriviu dan disesuaikan, setiap akhir depreciation method are reviewed and adjusted,
tahun, bila diperlukan. at year end, if necessary.
Aset yang dimiliki untuk dijual diukur Assets held for sale are measured at the lower
berdasarkan nilai yang lebih rendah antara nilai of book value or fair value.
buku atau nilai wajar.
m. Aset Takberwujud m. Intangible Assets
Aset takberwujud yang diperoleh secara Intangible assets acquired separately are
terpisah pada awalnya diakui sebesar biaya measured on initial recognition at cost. The cost
perolehan. Biaya perolehan aset takberwujud of intangible assets acquired in a business
yang diperoleh dalam kombinasi bisnis adalah combination is its fair value as of the date of
nilai wajar aset pada tanggal akuisisi. Setelah acquisition. Following initial recognition,
pengakuan awal, aset takberwujud dicatat intangible assets are carried at cost less any
sebesar biaya perolehan dikurangi akumulasi accumulated amortization and accumulated
amortisasi dan akumulasi rugi penurunan nilai, impairment losses, if any.
jika ada.
Periode amortisasi dan metode amortisasi untuk The amortization period and the amortization
aset takberwujud dengan umur manfaat yang method for an intangible asset with a finite
terbatas ditinjau setidaknya pada setiap akhir useful life is reviewed at least at the end of each
periode pelaporan. reporting period.
Laba atau rugi yang timbul dari penghentian Gains or losses arising from derecognition of an
pengakuan aset takberwujud ditentukan sebagai intangible asset are measured as the difference
selisih antara hasil neto pelepasan dan jumlah between the net disposal proceeds and the
tercatat aset dan diakui dalam laporan laba rugi carrying amount of the asset and are recognized
ketika aset tersebut dihentikan pengakuannya. in profit or loss when the asset is derecognized.

43


m. Aset Takberwujud (lanjutan) m. Intangible Assets (continued)
Aset takberwujud yang dimiliki oleh Bank Intangible assets held by the Bank are
berupa perangkat lunak dan lisensi. Aset softwares and licenses. Intangible assets are
takberwujud diakui jika dan hanya jika, biaya recognized if and only if, when their cost can be
perolehan aset tersebut dapat diukur secara measured reliably and is probable that expected
andal dan kemungkinan besar Bank akan future benefits that are attributable to it will flow
memperoleh manfaat ekonomis masa depan to the Bank.
dari aset tersebut.
Perangkat lunak yang bukan merupakan bagian Software which is not an integral part of
integral dari perangkat keras yang terkait dicatat a related hardware is recorded as intangible
sebagai aset takberwujud dan dinyatakan asset and stated at carrying amount, which is
sebesar nilai tercatat, yaitu sebesar harga cost less accumulated amortization.
perolehan dikurangi dengan akumulasi
amortisasi.
Biaya perolehan perangkat lunak terdiri dari The cost of software consists of all expenses
seluruh pengeluaran yang dapat dikaitkan directly attributable to the preparation of such
langsung dalam persiapan perangkat lunak software, until it is ready to be used for its
tersebut sehingga siap digunakan sesuai intended purpose.
dengan tujuannya.
Pengeluaran setelah perolehan perangkat lunak Subsequent expenditure on software

dapat ditambahkan pada biaya perolehan acquisition is capitalized to the value of
perangkat lunak atau dikapitalisasi sebagai software only when it increases the future
perangkat lunak hanya jika pengeluaran economic benefits of the software, so that it
tersebut menambah manfaat ekonomis masa becomes larger than originally expected
depan dari perangkat lunak yang bersangkutan performance standards. Expenditure with no
sehingga menjadi lebih besar dari standar addition of future economic benefits from the
kinerja yang diperkirakan semula. Pengeluaran software is directly recognized as expense
yang tidak menambah manfaat ekonomis masa when incurred.
depan dari perangkat lunak diakui sebagai
beban pada saat terjadinya.
Perangkat lunak dengan umur terbatas Software with a finite useful life is amortized
diamortisasi dengan menggunakan metode using straight-line method over the estimated
garis lurus selama estimasi masa manfaat useful life of software, which is 8 (eight) until
ekonomis yaitu 8 (delapan) sampai 12 (dua 12 (twelve) years.
belas) tahun.
Amortisasi perangkat lunak diakui dalam Amortization is recognized in the statement of

laporan laba rugi sejak tanggal perangkat lunak profit or loss from the date that is available for
tersebut tersedia untuk dipakai sampai use until the economic benefits of software is
berakhirnya masa manfaat dari perangkat lunak ended.
tersebut.
n. Agunan yang Diambil Alih n. Foreclosed Assets

Agunan yang diambil alih dinyatakan sebesar Foreclosed assets are stated at net realizable
nilai terendah antara nilai tercatat pinjaman value of those foreclosed assets or at loan
yang diberikan atau nilai realisasi neto dari outstanding amount, whichever is lower.
agunan yang diambil alih. Nilai realisasi neto Net realizable value is the fair value of the
adalah nilai wajar agunan yang diambil alih foreclosed assets less estimated costs of
dikurangi dengan estimasi biaya untuk menjual liquidating the assets. The excess of loan
agunan tersebut. Selisih lebih saldo pinjaman di receivable over the net realizable value of the
atas nilai realisasi neto dari agunan yang foreclosed assets is charged to the allowance
diambil alih dibebankan ke dalam akun for impairment losses of non-financial assets.
cadangan kerugian penurunan nilai aset non-
keuangan.

44


n. Agunan yang Diambil Alih (lanjutan) n. Foreclosed Assets (continued)
Selisih antara nilai agunan yang diambil alih dan The difference between the value of the
hasil penjualannya diakui sebagai keuntungan foreclosed assets and the proceeds from the
atau kerugian pada saat penjualan. sale of such assets is recorded as a gain or loss
when the assets is sold.
Beban-beban yang berkaitan dengan Expenses for maintaining foreclosed assets are
pemeliharaan agunan yang diambil alih charged in the profit or loss as incurred.
dibebankan pada laba rugi dan pada saat
terjadinya.
Manajemen mengevaluasi nilai agunan yang Management evaluates the value of foreclosed
diambil alih secara berkala. Penyisihan kerugian assets regularly. An allowance for impairment
agunan yang diambil alih dibentuk berdasarkan losses of foreclosed assets is provided based
penurunan nilai agunan yang diambil alih. on the decline in value of foreclosed assets.
o. Biaya Dibayar di Muka dan Aset Lain-lain o. Prepaid Expenses and Other Assets
Biaya dibayar di muka merupakan pembayaran Prepaid expenses are payments made to other
kepada pihak lain yang telah dilakukan namun parties but have not been recognized as
belum diakui sebagai beban pada saat expense at the time of payment. Prepaid
pembayaran dilakukan. Biaya dibayar di muka expenses will be used for the Bank’s activities
akan digunakan untuk aktivitas Bank di masa in the future. Prepaid expenses are recognized
mendatang. Biaya dibayar di muka akan diakui as expenses during the amortization in
sebagai beban pada saat diamortisasi sesuai accordance with the expected period of benefit.
dengan masa manfaatnya.
Aset lain-lain disajikan sebesar nilai tercatat, Other assets are stated at carrying amount,
yaitu harga perolehan setelah dikurangi dengan which is cost less accumulated amortization
akumulasi amortisasi dan akumulasi penurunan and accumulated impairment loss, if any.
nilai, jika ada.
p. Liabilitas Segera p. Obligations Due Immediately

Liabilitas segera merupakan liabilitas Bank yang Obligations due immediately represent the
harus segera dibayarkan kepada pihak lain Bank’s obligations to third parties based on
berdasarkan kontrak atau perintah dari pihak contract or order by those having authority that
yang mempunyai kewenangan untuk itu. have to be settled immediately. Obligations due
Liabilitas segera dinyatakan sebesar biaya immediately are stated at amortized cost using
perolehan diamortisasi dengan menggunakan the effective interest rate method.
metode suku bunga efektif.
q. Simpanan Nasabah dan Simpanan dari Bank q. Deposits from Customers and Deposits
Lain from Other Banks
Simpanan nasabah adalah dana yang Deposits from customers are deposits from
dipercayakan oleh nasabah (di luar bank lain) customers (excluding other banks) to the Bank
kepada Bank berdasarkan perjanjian based on deposit agreements. Deposits from
penyimpanan dana. Simpanan nasabah terdiri customers consist of demand deposits, savings
dari giro, tabungan dan deposito berjangka. deposits and time deposits.
Simpanan dari bank lain merupakan liabilitas Deposits from other banks represent liabilities
kepada bank lain dalam bentuk giro dan to other banks, in the form of demand deposits
deposito berjangka. Simpanan dari bank lain and time deposits. Deposits from other banks
dinyatakan sebesar jumlah liabilitas kepada are stated at the amount due to the other
bank lain tersebut. banks.
Simpanan nasabah dan simpanan dari bank lain Deposits from customers and deposits from
pada awalnya diukur pada nilai wajar ditambah other banks are initially measured at fair value
biaya transaksi yang dapat diatribusikan secara plus directly attributable transaction costs and
langsung dan setelah pengakuan awal diukur subsequently measured at their amortized cost
pada biaya perolehan diamortisasi dengan using the effective interest rate method.
menggunakan metode suku bunga efektif.
45


r. Liabilitas atas Efek-Efek yang Dijual Dengan r. Securities Sold Under Repurchase
Janji Dibeli Kembali Agreements
Efek-efek yang dijual dengan janji dibeli kembali Securities sold under repurchase agreements
disajikan sebagai liabilitas dalam laporan posisi are presented as liabilities in the statement of
keuangan sebesar harga pembelian kembali financial position at the agreed repurchase
yang disepakati dikurangi dengan bunga price net of the unamortized interest. The
dibayar dimuka yang belum amortisasi. Selisih difference between the selling price and the
antara harga jual dan harga beli kembali yang agreed repurchase price is treated as
disepakati diperlakukan sebagai beban bunga unamortized interest and recognized as
dibayar dimuka dan diakui sebagai beban interest expense over the period, commencing
bunga selama jangka waktu sejak efek-efek from the selling date to the repurchase date
tersebut dijual hingga dibeli kembali dengan using effective interest rate method.
manggunakan metode suku bunga efektif.
s. Pinjaman Subordinasi s. Subordinated Loan
Pinjaman subordinasi diakui sebesar nilai Subordinated loan is initially recognized at fair
wajarnya pada awalnya dan selanjutnya diukur value and subsequently measured at
sebesar biaya perolehan diamortisasi dengan amortized cost using the effective interest rate
menggunakan metode suku bunga efektif. method.
Biaya perolehan diamortisasi dihitung dengan Amortized cost is calculated by taking into
memperhitungkan adanya diskonto atau premi account any discount or premium on
terkait dengan pengakuan awal pinjaman subordinated loan and transaction costs
subordinasi dan biaya transaksi yang that are an integral part of the effective
merupakan bagian yang tidak terpisahkan dari interest rate.
suku bunga efektif.
t. Biaya Emisi Saham t. Shares Issuance Cost
Biaya yang terjadi sehubungan dengan Cost related to Initial Public Offering and
Penawaran Umum Perdana Saham kepada Limited Public Offering with Pre-emptive Rights
masyarakat dan Penawaran Umum Terbatas (HMETD) are deducted from the proceeds
dengan Hak Memesan Efek Terlebih Dahulu and presented as a deduction of the additional
(HMETD) dikurangkan langsung dari hasil emisi paid-in capital.
dan dicatat sebagai pengurang tambahan modal
disetor.
u. Pendapatan dan Beban Bunga u. Interest Income and Expense
Untuk instrumen keuangan yang diukur pada Interest income and expenses for all financial
biaya perolehan diamortisasi dan aset instruments measured at amortized cost and
keuangan yang diklasifikasikan sebagai tersedia financial assets classified as available-for-sale
untuk dijual, pendapatan maupun beban is recorded using the effective interest rate
bunganya diakui dengan menggunakan metode method, which is the rate that exactly discounts
suku bunga efektif, yaitu suku bunga yang akan of estimated future cash payments or receipts
didiskontokan secara tepat estimasi through the expected life of the financial
pembayaran atau penerimaan kas di masa instrument or a shorter period, where
datang sepanjang perkiraan umur instrumen appropriate, to the net carrying amount of the
keuangan tersebut atau, jika lebih tepat untuk financial asset or financial liability.
masa yang lebih singkat, sebagai nilai tercatat The calculation takes into account all
bersih dari aset atau liabilitas keuangan contractual terms of the financial instrument
tersebut. Perhitungan dilakukan dengan and includes any fees or incremental costs that
mempertimbangkan seluruh syarat dan are directly attributable to the instrument and
ketentuan kontraktual instrumen keuangan are an integral part of the effective interest rate.
termasuk fee/biaya tambahan yang terkait
secara langsung dengan instrumen tersebut
yang merupakan bagian tidak terpisahkan dari
suku bunga efektif.

46


u. Pendapatan dan Beban Bunga (lanjutan) u. Interest Income and Expense (continued)
Nilai tercatat aset atau liabilitas keuangan The carrying amount of the financial asset or
disesuaikan jika Bank merevisi estimasi liability is adjusted if the Bank revises its
pembayaran maupun penerimaan. Nilai tercatat estimates of payments or receipts.
yang disesuaikan tersebut dihitung dengan The adjusted carrying amount is calculated
menggunakan suku bunga efektif awal dan based on the original effective interest rate and
perubahan nilai tercatat dicatat di laba rugi. the change in carrying amount is recorded
in the profit or loss.
Pinjaman yang diberikan dan aset produktif Loans and other earning assets (excluding
lainnya (tidak termasuk surat-surat berharga) securities) are classified as non-performing
diklasifikasikan sebagai non-performing jika when they are classified as sub-standard,
telah masuk dalam klasifikasi kurang lancar, doubtful, and loss. While marketable securities
diragukan, dan macet. Sedangkan, surat-surat are categorized as non-performing when
berharga diklasifikasikan sebagai non- the issuer of securities defaults on its interest
performing jika penerbit surat berharga tidak and/or principal payments or if the securities
dapat memenuhi pembayaran bunga dan/atau are rated at least 1 (one) level below
pokok atau memiliki peringkat paling kurang investment grade.
1 (satu) tingkat di bawah peringkat investasi.
Penerimaan tunai atas pinjaman yang diberikan Cash receipts from loans which are classified
yang diklasifikasikan sebagai diragukan atau as doubtful or loss are applied first as a
macet, diakui terlebih dahulu sebagai reduction to the loan principal. The excess of
pengurang pokok pinjaman yang diberikan. cash receipts over loan principal is recognized
Kelebihan penerimaan kas dari pokok pinjaman as interest income in the profit or loss.
yang diberikan diakui sebagai pendapatan
bunga dalam laba rugi.
Pengakuan pendapatan bunga dari pinjaman The recognition of interest income on loans is
yang diberikan dihentikan pada saat pinjaman discontinued when the loans are classified as
yang diberikan tersebut diklasifikasikan impaired. Interest income from impaired loans
mengalami penurunan nilai. Pendapatan bunga is reported as contingent receivables and to be
dari pinjaman yang mengalami penurunan nilai recognized as income when the cash is
dilaporkan sebagai tagihan kontinjensi dan received (cash basis).
diakui sebagai pendapatan pada saat
pendapatan tersebut diterima (cash basis).
v. Pendapatan dan Beban Provisi dan Komisi v. Fees and Commission Income and Expense
Pendapatan dan beban provisi dan komisi yang Fees and commission income and expense that
jumlahnya material yang berkaitan langsung have material amount directly related with
dengan kegiatan perolehan aset keuangan the acquisition of financial assets are
diakui sebagai bagian/pengurang dari biaya recognized as part of/deduction to acquisition
perolehan aset keuangan yang bersangkutan cost of related financial assets and will be
dan akan diakui sebagai pendapatan dengan recognized as income and amortized using
cara diamortisasi berdasarkan metode suku effective interest rate method during the
bunga efektif sepanjang perkiraan umur aset expected life of financial assets or liabilities.
atau liabilitas keuangan.
Saldo beban dan pendapatan provisi dan komisi The outstanding balances of deferred fees and
yang ditangguhkan atas pinjaman yang income on provision and commission of loans
diberikan yang diakhiri atau diselesaikan terminated or settled prior to maturity are
sebelum jatuh tempo langsung diakui sebagai directly recognized as income in settlement.
pendapatan pada saat penyelesaiannya.
Provisi dan komisi yang tidak berkaitan dengan Fees and commissions which are not related to
pinjaman yang diberikan atau jangka waktu loans or loan period, or immaterial are
pinjaman yang diberikan, atau jumlahnya tidak recognized as income or expenses at the time
material diakui sebagai pendapatan atau beban the transactions occur.
pada saat terjadinya transaksi.

47


w. Pendapatan dan Beban Operasional Lainnya w. Other Operating Income and Expenses
Seluruh pendapatan dan beban operasional All other operating income and expenses are
lainnya dibebankan pada laba rugi saat charged to the profit or loss at the time the
terjadinya transaksi. transaction occur.
x. Perpajakan x. Taxation
Beban pajak penghasilan terdiri dari pajak The income tax expense is comprised of current
penghasilan kini dan pajak penghasilan and deferred income tax. Tax is recognized in
tangguhan. Pajak tersebut diakui dalam laba the profit or loss, except to the extent that it
rugi, kecuali apabila pajak tersebut terkait relates to items recognized directly in equity or
dengan transaksi atau kejadian yang other comprehensive income. In this case, the
langsung diakui ke ekuitas atau penghasilan tax is also recognized directly in equity or other
komprehensif lain. Dalam hal ini, pajak tersebut comprehensive income.
diakui langsung pada ekuitas atau penghasilan
komprehensif lain.
Pajak Kini Current Tax
Pajak kini ditentukan berdasarkan laba kena Current tax is determined based on the taxable
pajak dalam periode yang bersangkutan yang income for the current period and computed
dihitung berdasarkan tarif pajak dan peraturan based on the tax rates and tax laws that are
pajak yang telah berlaku atau secara substantif enacted or substantively enacted as at the
telah berlaku pada tanggal pelaporan. reporting date.
Aset dan liabilitas pajak kini untuk periode Current income tax assets and liabilities for
berjalan diukur sebesar jumlah yang diharapkan the current period are measured at the amount
dapat direstitusi dari atau dibayarkan kepada expected to be recovered from or paid to
otoritas perpajakan. the taxation authority.
Manajemen secara periodik melakukan evaluasi Management periodically evaluates position
atas posisi yang diambil dalam pelaporan pajak taken in the tax returns with respect to
sehubungan dengan situasi dimana peraturan situations in which applicable tax regulations
pajak terkait menjadi subjek interpretasi dan are subject to interpretation and establishes
menetapkan provisi bila diperlukan. provisions when appropriate.
Perubahan terhadap liabilitas perpajakan diakui Amendments to tax obligations are recorded
pada saat diterimanya surat ketetapan pajak when an assessment is received or, if appealed
atau, jika Bank mengajukan keberatan, pada by the Bank, when the result of the appeal is
saat keputusan atas keberatan tersebut determined.
ditetapkan.
Pajak Tangguhan Deferred Tax
Pajak tangguhan diakui dengan menggunakan Deferred tax is recognized using the liability
metode liabilitas atas perbedaan temporer pada method on temporary differences at the
tanggal pelaporan antara dasar pengenaan reporting date between the tax basis of assets
pajak dari aset dan liabilitas dan jumlah and liabilities and their carrying amounts for
tercatatnya untuk tujuan pelaporan keuangan financial reporting purposes at the reporting
pada tanggal pelaporan. Namun, liabilitas pajak date. However, deferred tax liabilities are not
tangguhan tidak diakui jika timbul dari recognized if they arise from the initial
pengakuan awal goodwill; atau pada saat recognition of goodwill; deferred income tax
pengakuan awal suatu aset atau liabilitas yang is not accounted for if it arises from the
timbul dari transaksi selain kombinasi bisnis initial recognition of an asset or liability in
yang pada saat transaksi tersebut tidak a transaction other than a business
mempengaruhi laba rugi akuntansi maupun laba combination that at the time of the transaction
rugi kena pajak. Pajak penghasilan tangguhan affects neither accounting nor taxable profit or
ditentukan menggunakan tarif (atau peraturan) loss. Deferred income tax is determined using
pajak yang berlaku atau yang secara tax rates (or laws) that have been enacted or
substansial telah berlaku pada tanggal substantially enacted as at the reporting date
pelaporan dan diharapkan untuk diterapkan jika and are expected to apply when the related
aset pajak tangguhan direalisasikan atau deferred income tax asset is realized or the
liabilitas pajak tangguhan diselesaikan. deferred income tax liability is settled.

48


x. Perpajakan (lanjutan) x. Taxation (continued)
Pajak Tangguhan (lanjutan) Deferred Tax (continued)
Aset pajak tangguhan diakui sepanjang Deferred income tax assets are recognized only
kemungkinan besar laba kena pajak mendatang to the extent that it is probable that future
akan tersedia untuk dikompensasi dengan taxable profits will be available against which
perbedaan temporer yang masih dapat the temporary differences can be utilized.
digunakan.
Aset dan liabilitas pajak tangguhan diukur Deferred tax assets and liabilities are
dengan menggunakan tarif pajak yang measured at the tax rates that are expected to
diharapkan akan berlaku pada periode saat apply to the year when the assets are realized
aset dipulihkan atau liabilitas diselesaikan or the liabilities are settled, based on tax rates
berdasarkan tarif pajak dan peraturan pajak and tax laws that have been enacted or
yang berlaku atau yang telah secara substantif substantively enacted as at the reporting date.
telah berlaku pada tanggal pelaporan.
Nilai tercatat aset pajak tangguhan ditelaah The carrying amount of a deferred tax asset is
pada setiap tanggal pelaporan dan nilai tercatat reviewed at each reporting date and reduced
aset pajak tangguhan tersebut diturunkan to the extent that it is no longer probable that
apabila laba fiskal mungkin tidak memadai sufficient taxable profit will be available to allow
untuk mengkompensasi sebagian atau semua all or part of the benefit of that deferred tax
manfaat aset pajak tangguhan. Pada setiap assets to be utilized. Unrecognized deferred
tanggal pelaporan, Bank meninjau kembali aset tax assets are reassessed at each reporting
pajak tangguhan yang tidak diakui dan date and are recognized to the extent that it
mengakui aset pajak tangguhan yang has become probable that future taxable profit
sebelumnya tidak diakui apabila besar will allow the deferred tax assets to be
kemungkinan bahwa laba fiskal pada masa recovered.
yang akan datang akan tersedia untuk
pemulihannya.
Aset pajak tangguhan dan liabilitas pajak Deferred tax assets and deferred tax liabilities
tangguhan disalinghapuskan jika terdapat hak are offset when a legally enforceable right
secara hukum untuk melakukan saling hapus exists to offset current tax assets against
antara aset pajak kini terhadap liabilitas pajak current tax liabilities, or the deferred tax assets
kini, atau aset dan liabilitas pajak tangguhan and liabilities relate to the same taxable entity,
pada entitas yang sama, atau Bank bermaksud or the Bank intends to settle its current assets
untuk memulihkan aset dan liabilitas pajak kini and liabilities on a net basis.
dengan dasar neto.
y. Laba per Saham y. Basic Earnings per Share
Laba per saham dasar dihitung dengan Basic earnings per share is calculated by
membagi laba tahun berjalan dengan jumlah dividing profit for the period by the weighted-
rata-rata tertimbang saham yang beredar pada average number of shares outstanding during
periode berjalan. the year.
Bank tidak mempunyai efek berpotensi saham The Bank has no outstanding dilutive potential
biasa yang bersifat dilutif pada tanggal ordinary shares as of December 31, 2018 and
31 Desember 2018, dan oleh karenanya, laba accordingly, no diluted earnings per share is
per saham dilusian tidak dihitung dan disajikan calculated and presented in the statement of
pada laporan laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain.

49


z. Imbalan Kerja z. Employee Benefits
Imbalan kerja jangka pendek Short-term employee benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employee benefits are recognized
terutang kepada karyawan berdasarkan metode when incurred to the employees on an accrual
akrual. basis.
Imbalan pasca kerja Post-employment benefits
Bank memberikan imbalan pasca kerja The Bank provides defined post-employment
manfaat pasti kepada karyawannya benefits for its employees based on Labor Law
sesuai dengan ketentuan dari Undang- No. 13/2003 dated March 25, 2003.
Undang Ketenagakerjaan No. 13/2003 tanggal
25 Maret 2003.
Bank menyelenggarakan dana pensiun untuk The Bank has pension fund covering
seluruh karyawan tetap yang memenuhi syarat substantially all of its qualified permanent
yang dikelola oleh Dana Pensiun Lembaga employees which is managed by Dana Pensiun
Keuangan Sinarmas MSIG. Pembayaran Lembaga Keuangan Sinarmas MSIG. Payment
kepada dana pensiun didasarkan pada iuran made to pension fund is based on certain dues
pasti tertentu yang ditentukan program pensiun. on pension plan. Retirement contributions are
Iuran pensiun ditanggung oleh Bank. funded by the Bank.
Penyisihan menurut Undang-Undang dihitung The provision for the Law has been calculated
dengan membandingkan imbalan yang akan by comparing the benefit that will be received
diterima oleh karyawan pada usia pensiun by an employee at normal pension age from the
normal melalui program pensiun dengan pension plan with the benefit as stipulated
imbalan yang dihitung berdasarkan Undang- under the Law after deduction of accumulation
Undang setelah dikurangi akumulasi iuran dan of contribution and the related investment
hasil pengembangannya. Jika bagian iuran yang result. If the funded portion of the pension plan
didanai oleh Bank melalui program pensiun benefit is less than the benefit as required by
kurang dari imbalan yang diwajibkan menurut the Law, the Bank will provide for such
Undang-Undang, Bank akan melakukan shortage.
penyisihan atas kekurangannya.
Liabilitas imbalan pasca kerja merupakan nilai Post-employment benefits liability is the present
kini kewajiban imbalan pasti pada tanggal value of defined benefits obligation at the
laporan posisi keuangan. Liabilitas imbalan statement of financial position date.
pasca kerja dihitung setiap tahun oleh aktuaris Post-employment benefits liability is calculated
independen menggunakan metode projected annually by independent actuary using the
unit credit. Nilai kini kewajiban imbalan pasti projected unit credit method. The present value
ditentukan dengan mendiskontokan estimasi of the defined benefit obligation is determined
arus kas keluar masa depan dengan by discounting the estimated future cash
menggunakan tingkat suku bunga Obligasi outflows using interest rates of Government
Pemerintah dalam mata uang yang sama Bonds that are denominated in the currency in
dengan mata uang imbalan yang akan which the benefit will be paid and that have the
dibayarkan dan waktu jatuh tempo yang kurang terms to maturity approximating the terms of
lebih sama dengan waktu jatuh tempo pensiun the related pension liability.
yang bersangkutan.
Biaya jasa lalu yang timbul dari amandemen Past service costs arising from amendment
atau kurtailmen program diakui sebagai beban or curtailment programs are recognized as
dalam laba rugi pada saat terjadinya. expenses in profit or loss when incurred.

50


z. Imbalan Kerja (lanjutan) z. Employee Benefits (continued)
Imbalan pasca kerja (lanjutan) Post-employment benefits (continued)
Keuntungan atau kerugian aktuarial yang terjadi Actuarial gains or losses arising from experience
dari penyesuaian dan perubahan asumsi adjustments and changes in actuarial
aktuaria dibebankan atau dikreditkan ke ekuitas assumptions are charged or credited to equity in
di penghasilan komprehensif lain pada periode other comprehensive income in the period in
terjadinya. which they arise.
Pengukuran kembali atas liabilitas (aset) Remeasurement on net defined benefit

imbalan pasti neto, yang diakui sebagai liabilities (assets), which recognized as other
penghasilan komprehensif lain, terdiri dari: comprehensive income, consists of:
i. Keuntungan atau kerugian aktuarial; i. Actuarial gain and losses;

ii. Imbal hasil atas aset program, tidak ii. Return on program asset, excluding amounts
termasuk jumlah yang dimasukkan dalam included in net interest on liabilities (asset);
bunga neto atas liabilitas (aset); dan and
iii. Setiap perubahan dampak batas aset, tidak iii. Every changes in asset ceiling, excluding
termasuk jumlah yang dimasukkan dalam amounts included in net interest on liabilities
bunga neto atas liabilitas (aset). (asset).
Pengukuran kembali atas liabilitas (aset) Remeasurement on net defined benefit liability
imbalan pasti neto yang diakui sebagai (asset) recognized as other comprehensive
penghasilan komprehensif lain tidak income shall not be reclassified to profit or loss
direklasifikasi ke laba rugi pada periode in the next periods.
berikutnya.
Keuntungan atau kerugian atas kurtailmen atau Gains or losses on the curtailment or settlement
penyelesaian suatu program imbalan pasti of a defined benefit plan are recognized when
diakui ketika kurtailmen atau penyelesaian the curtailment or settlement occurs.
terjadi.
Kurtailmen terjadi apabila salah satu dari kondisi A curtailment occurs when an entity either:
berikut terpenuhi:
i. Menunjukkan komitmennya untuk i. Demonstrably committed to make

mengurangi secara signifikan jumlah pekerja a significant reduction in the number of
yang ditanggung oleh program; atau employees covered by a plan; or
ii. Mengubah ketentuan dalam program ii. Amends the terms of a defined benefit plan
imbalan pasti yang menyebabkan bagian so that a significant element of future service
yang material dari jasa masa depan pekerja by current employees will no longer qualify
tidak lagi memberikan imbalan atau for benefits, or will qualify only for reduced
memberikan imbalan yang lebih rendah. benefits.
Penyelesaian program terjadi ketika Bank A settlement occurs when the Bank enters into
melakukan transaksi yang menghapuskan a transaction that eliminates all further legal or
semua liabilitas hukum atau konstruktif atas constructive obligation for part or all of the
sebagian atau seluruh imbalan dalam program benefits provided under a defined benefit plan.
imbalan pasti.
Imbalan kerja jangka panjang lainnya Other long-term service benefits
Bank memberikan penghargaan layanan jangka The Bank also provides long service award and
panjang dan tunjangan cuti panjang untuk long service leave for employees attaining a
karyawan yang telah mencapai masa kerja certain number of years of service.
tertentu.

51


z. Imbalan Kerja (lanjutan) z. Employee Benefits (continued)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long-term service benefits (continued)
Perusahaan memberikan imbalan kerja jangka The Company provides other long-term
panjang lainnya - (penghargaan kerja dan cuti employee benefits - (service award and long
besar), kepada para karyawan kuncinya. Biaya service leave), to its key employees. The cost of
untuk menyediakan imbalan ini ditetapkan providing this benefit is determined using the
dengan menggunakan metode Projected-Unit- Projected-Unit-Credit method. This method
Credit. Metode ini merefleksikan jasa yang reflects service rendered by employees to the
diserahkan oleh karyawan hingga tanggal date of valuation and incorporates assumptions
penilaian dan memperhitungkan asumsi terkait concerning employees’ projected salaries. Other
proyeksi gaji karyawan. Imbalan kerja jangka long-term employee benefit expense includes
panjang lainnya termasuk biaya jasa kini, biaya current service cost, interest cost, past service
bunga, biaya jasa lalu dan pengakuan costs and recognition of actuarial gains and
keuntungan dan kerugian aktuarial. Keuntungan losses. The actuarial gains and losses and past
dan kerugian aktuarial dan biaya jasa lalu diakui service costs are recognized immediately in the
dalam laba rugi tahun berjalan. current year’s profit or loss.
aa. Sewa aa. Leases
Penentuan apakah suatu kontrak merupakan, The determination of whether an arrangement

atau mengandung unsur sewa adalah is, or contains a lease is based on
berdasarkan substansi kontrak pada tanggal the substance of the arrangement at
awal sewa, yakni apakah pemenuhan syarat inception date of whether the fulfillment of
kontrak tergantung pada penggunaan aset the arrangement is dependent on the use of
tertentu dan kontrak tersebut berisi hak untuk a specific asset or assets and the arrangement
menggunakan aset tersebut sesuai dengan conveys a right to use the asset in accordance
PSAK 30, “Sewa”. with PSAK 30, “Leases”.
Evaluasi ulang atas perjanjian sewa dilakukan A reassessment is made after inception of
setelah tanggal awal sewa hanya jika salah satu the lease only if one of the following applies:
kondisi berikut terpenuhi:
a. Terdapat perubahan dalam persyaratan a. There is a change in contractual terms,
perjanjian kontraktual, kecuali jika other than a renewal or extension of
perubahan tersebut hanya memperbarui the agreement;
atau memperpanjang perjanjian yang ada;
b. Opsi pembaruan dilakukan atau b. A renewal option is exercised or extension
perpanjangan disetujui oleh pihak-pihak granted, unless the term of the renewal or
yang terkait dalam perjanjian, kecuali extension was initially included in the lease
ketentuan pembaruan atau perpanjangan term;
pada awalnya telah termasuk dalam masa
sewa;
c. Terdapat perubahan dalam penentuan c. There is a change in the determination of
apakah pemenuhan perjanjian tergantung whether the fulfillment is dependent on
pada suatu aset tertentu; atau a specified asset; or
d. Terdapat perubahan subtansial atas aset d. There is a substantial change to the asset.
yang disewa.
Apabila evaluasi ulang telah dilakukan, maka Where a reassessment is made, lease
akuntansi sewa harus diterapkan atau accounting shall commence or cease from
dihentikan penerapannya pada tanggal dimana the date when the change in circumstances
terjadi perubahan kondisi pada skenario a, c gave rise to the reassessment for scenarios a,
atau d dan pada tanggal pembaharuan atau c or d and the date of renewal or extension
perpanjangan sewa pada skenario b. period for scenario b.
Dalam perlakuan akuntansi sewa operasi, Under the operating lease accounting,
pembayaran sewa diakui sebagai beban dalam the payments are recognized as an expense in
laporan laba rugi dengan dasar garis lurus the profit or loss on a straight-line basis over
(straight-line basis) selama masa sewa. the lease term.

52


ab. Segmen Operasi ab. Operating Segment
Segmen operasi adalah suatu komponen dari An operating segment is a component of

entitas: an entity which:
(a) Yang terlibat dalam aktivitas bisnis yang (a) Engages in business activities from where
mana memperoleh pendapatan dan it may earn income and expenses
menimbulkan beban (termasuk pendapatan (including income and expenses relating to
dan beban terkait dengan transaksi dengan the transactions with other components
komponen lain dari entitas yang sama); with the same entity);
(b) Hasil operasinya dikaji ulang secara reguler (b) Operating results are reviewed regularly by
oleh pengambil keputusan operasional the chief operating decision maker to
untuk membuat keputusan tentang sumber make decisions regarding the resources
daya yang dialokasikan pada segmen allocated to the segment and to assess its
tersebut dan menilai kinerjanya; dan performance; and
(c) Tersedia informasi keuangan yang dapat (c) Separate financial information is available.
dipisahkan.
Bank menyajikan segmen operasi berdasarkan The Bank presents operating segments based
laporan internal yang disajikan kepada on internal reports that are presented to
pengambil keputusan operasional yaitu Direksi. the operating decision maker which is the
Board of Directors.
Segmen geografis Bank adalah komponen Bank The Bank’s geographical segment is
yang dapat dibedakan dalam menghasilkan jasa a distinguishable component of the Bank that is
pada lingkungan (wilayah) ekonomi tertentu dan engaged in providing services within a
komponen itu memiliki risiko dan imbalan yang particular economic environment and that is
berbeda dengan risiko dan imbalan pada subject to risks and returns that are different
komponen yang beroperasi pada lingkungan from those operating in other economic
(wilayah) ekonomi lain. Bank melaporkan environments. The Bank reports geographical
segmen geografis berdasarkan daerah Jakarta, segments based on the area of Jakarta, Java,
Jawa, Sumatera, Sulawesi, Bali dan Sumatera, Sulawesi, Bali and Kalimantan.
Kalimantan.
ac. Transaksi dan Saldo dengan Pihak-pihak ac. Transaction and Balances with Related
Berelasi Parties
Pihak-pihak berelasi adalah orang atau entitas A related party represents a person or an entity
yang terkait dengan Bank (entitas pelapor), who is related with the Bank (the reporting
yang meliputi: entity), as follows:
a) Orang atau anggota keluarga terdekat a) A person or a close member of that

mempunyai relasi dengan entitas pelapor person’s family is related to a reporting
jika orang tersebut: entity if that person:
(i) Memiliki pengendalian atau (i) Has control or joint control over
pengendalian bersama atas entitas the reporting entity;
pelapor;
(ii) Memiliki pengaruh signifikan atas (ii) Has significant influence over
entitas pelapor; atau the reporting entity; or
(iii) Personil manajemen kunci entitas (iii) Is a member of the key management
pelapor atau entitas induk entitas personnel of the reporting entity or of
pelapor. a parent of the reporting entity.

53


ac. Transaksi dan Saldo dengan Pihak-pihak ac. Transactions and Balances with Related
Berelasi (lanjutan) Parties (continued)
b) Suatu entitas berelasi dengan entitas b) An entity is related to the reporting entity if
pelapor jika memenuhi salah satu hal it meets one of the following:
berikut:
(i) Entitas dan entitas pelapor adalah (i) The entity and the reporting entity are
anggota dari kelompok usaha yang members of the same group (which
sama (artinya entitas induk, entitas means that each parent, subsidiary
anak dan entitas anak berikutnya and fellow subsidiary is related to
terkait dengan entitas lain); the others);
(ii) Satu entitas adalah entitas asosiasi (ii) One entity is an associate or
atau ventura bersama dari entitas lain joint venture of the other entity
(atau entitas asosiasi atau ventura (or an associate or joint venture of
bersama yang merupakan anggota a member of a group of which
suatu kelompok usaha, yang mana the other entity is a member);
entitas lain tersebut adalah
anggotanya);
(iii) Kedua entitas tersebut adalah ventura (iii) Both entities are joint ventures of
bersama dari pihak ketiga yang sama; the same third party;
(iv) Satu entitas adalah ventura bersama (iv) One entity is a joint venture of a third
dari entitas ketiga dan entitas yang lain entity and the other entity is
adalah entitas asosiasi dari entitas an associate of the third entity;
ketiga;
(v) Entitas tersebut adalah suatu program (v) The entity is a post-employment
imbalan pasca kerja untuk imbalan benefit plan for the benefit of
kerja dari salah satu entitas pelapor employees or either the reporting
atau entitas yang terkait dengan entitas entity, or an entity related to
pelapor. Jika entitas pelapor adalah the reporting entity. If the reporting
entitas yang menyelenggarakan entity in itself such a plan,
program tersebut, maka entitas the sponsoring employers are also
sponsor juga berelasi dengan entitas related to the reporting entity;
pelapor;
(vi) Entitas yang dikendalikan atau (vi) The entity is controlled or jointly
dikendalikan bersama oleh orang yang controlled by a person identified
diidentifikasi dalam huruf (a); in (a);
(vii) Orang yang diidentifikasi dalam (vii) A person identified in (a)(i) has
huruf (a)(i) memiliki pengaruh signifikan significant influence over the entity or
atas entitas atau personil manajemen is a member of the key management
kunci entitas (atau entitas induk dari personnel of the entity (or a parent of
entitas); atau the entity); or
(viii) Entitas, atau anggota grup yang (viii) The entity, or any member of a group
merupakan bagian dari personil kunci of which it is party provides key
manajemen kepada Bank atau induk management personnel services to
dari Bank. the Bank or to the parent of the Bank.
Seluruh transaksi dan saldo yang signifikan All significant transactions and balances with
dengan pihak berelasi, baik yang dilakukan related parties, whether or not conducted
dengan syarat normal sebagaimana dilakukan under terms and conditions similar to those
dengan pihak yang tidak berelasi, maupun tidak, granted to third parties, are disclosed in the
telah diungkapkan pada catatan atas laporan notes to the financial statements.
keuangan.

54


ad. Provisi ad. Provision
Provisi diakui jika Bank memiliki liabilitas kini Provisions are recognized when the Bank has
(baik bersifat hukum maupun bersifat present obligations (legal or constructive)
konstruktif) jika, sebagai akibat peristiwa masa where, as a result of a past event, it is probable
lalu, besar kemungkinan penyelesaian liabilitas that an outflow of resources embodying
tersebut mengakibatkan arus keluar sumber economic benefits will be required to settle
daya yang mengandung manfaat ekonomi dan the obligation and a reliable estimate can be
jumlah liabilitas tersebut dapat diestimasi secara made of the amount of the obligation.
andal.
Provisi diukur pada nilai kini dari perkiraan Provision is measured at the present value of
pengeluaran yang diperlukan untuk the expenditures expected to be required to
menyelesaikan kewajiban menggunakan tingkat settle the obligation using a pre-tax discount
diskonto sebelum pajak yang mencerminkan rate that reflects current market assessments of
penilaian pasar atas nilai waktu uang dan risiko the time value of money and the risks specific
yang terkait dengan kewajiban tersebut. to the obligation. The increase in the provision
Peningkatan provisi ini sehubungan dengan due to the passage of time is recognized as
berlalunya waktu diakui sebagai beban bunga. interest expense.
Provisi ditelaah pada setiap akhir periode Provisions are reviewed at the end of each
pelaporan dan disesuaikan untuk reporting period and adjusted to reflect the
mencerminkan estimasi terbaik yang paling kini. current best estimate. If it is no longer probable
Jika arus keluar sumber daya untuk that an outflow of resources embodying
menyelesaikan liabilitas kemungkinan besar economic benefits will be required to settle
tidak terjadi, maka provisi dibatalkan. the obligation, the provision is reversed.
ae. Kontinjensi ae. Contingencies
Liabilitas kontinjensi tidak diakui dalam laporan Contingent liabilities are not recognized but
keuangan, kecuali jika arus keluar sumber are disclosed in the financial statements, unless
daya yang mengandung manfaat ekonomi the possibility of an outflow of resources
kemungkinannya kecil (remote) maka liabilitas embodying economic benefits is remote.
kontinjensi diungkapkan. Aset kontinjensi Contingent assets are not recognized in
tidak diakui dalam laporan keuangan, tetapi the financial statements but disclosed when an
diungkapkan jika terdapat kemungkinan besar inflow of economic benefits is probable.
(probable) arus masuk manfaat ekonomi.
af. Peristiwa Setelah Periode Pelaporan af. Events After the Reporting Period
Peristiwa-peristiwa yang terjadi setelah periode Post period end events that provide additional
pelaporan yang menyediakan tambahan information about the financial position of
informasi mengenai posisi keuangan Bank the Bank as of the statement of financial
pada tanggal laporan posisi keuangan position date (adjusting events), if any, are
(peristiwa penyesuaian), jika ada, telah reflected in the financial statements. Post year
tercermin dalam laporan keuangan. Peristiwa- end events that are not adjusting events are
peristiwa yang terjadi setelah tahun pelaporan disclosed in the notes to the financial
yang tidak memerlukan penyesuaian (peristiwa statements when material.
non penyesuaian), apabila jumlahnya material,
telah diungkapkan dalam catatan atas laporan
keuangan.

55


ag. Amandemen dan Penyesuaian Tahunan 2017 ag. Amendments and 2017 Annual
Improvements
Bank telah menerapkan amandemen dan The Bank adopted the following amendments
penyesuaian tahun 2017, berlaku efektif and 2017 annual improvements effective
1 Januari 2018: January 1, 2018:
- Amandemen PSAK 2 (2016): “Laporan Arus - Amendments to PSAK 2 (2016) -
Kas tentang Prakarsa Pengungkapan.” “Statements of Cash Flows: Disclosure
Initiatives”.
Amandemen ini mensyaratkan entitas untuk This amendment requires an entity to
menyediakan pengungkapan yang provide disclosures that enable users of the
memungkinkan pengguna laporan keuangan financial statement to evaluate changes on
untuk mengevaluasi perubahan pada liabilities arising from financing activities
liabilitas yang timbul dari aktivitas including changes arising from cash or non-
pendanaan, termasuk perubahan yang cash.
timbul dari kas maupun perubahan non-kas.
Penerapan dari Amandemen PSAK 2 (2016) The adoption of the Amendment to PSAK 2
ada pada Catatan 56. (2016) is in Note 56.
- Amandemen PSAK 46 (2016): “Pajak - Amendments to PSAK 46 (2016) - “Income
Penghasilan tentang Pengakuan Aset Pajak Taxes: Recognition of Deferred Tax Assets
Tangguhan untuk Rugi yang Belum for Unrealized Losses”.
Direalisasi.”
Amandemen ini mengklarifikasi: This amendment clarify:
 bahwa perbedaan temporer dapat  that deductible temporary differences
dikurangkan timbul ketika jumlah tercatat may arise when the carrying amount of
aset instrumen utang yang diukur pada the debt instrument assets measured at
nilai wajar dan nilai wajar tersebut lebih fair value and fair value is less than the
kecil dari dasar pengenaan pajaknya, tax base, regardless of whether the entity
tanpa mempertimbangkan apakah estimates to recover the carrying amount
entitas memperkirakan untuk of the debt instrument by sale or by use;
memulihkan jumlah tercatat instrumen
utang melalui penjualan atau
penggunaan;
 bahwa untuk menentukan apakah laba  whereas to determine whether the
kena pajak akan tersedia sehingga taxable gain will be available so that the
perbedaan temporer yang dapat deductible temporary difference can be
dikurangkan dapat dimanfaatkan, maka utilized, the valuation of the deductible
penilaian perbedaan temporer yang temporary difference is made in
dapat dikurangkan tersebut dilakukan accordance with the tax regulations;
sesuai dengan peraturan pajak;
 bahwa pengurangan pajak yang berasal  whereas tax deductions arising from the
dari pembalikan aset pajak tangguhan reversal of deferred tax assets are
dikecualikan dari estimasi laba kena exempted from future estimated taxable
pajak masa depan. Lalu entitas income. Then the entity compares the
membandingkan perbedaan temporer temporary differences that can be
yang dapat dikurangkan dengan estimasi deducted by the estimated future taxable
laba kena pajak masa depan yang tidak income that does not include the tax
mencakup pengurangan pajak yang deductions resulting from the reversal of
dihasilkan dari pembalikan aset pajak deferred tax assets;
tangguhan tersebut;
 bahwa beberapa aset entitas melebihi  that some of the entity's assets exceed
jumlah tercatatnya jika terdapat bukti the carrying amount if there is sufficient
yang memadai bahwa kemungkinan evidence that it is likely that the entity will
besar bahwa entitas akan mencapai hal achieve it.
tersebut.
Penerapan dari amandemen PSAK 46 The adoption of amendment in PSAK 46
(2016) tidak memiliki dampak yang signifikan (2016) does not have significant impact on
terhadap laporan keuangan Bank. the Bank’s financial statements.

56

3. PENGGUNAAN PERTIMBANGAN, ESTIMASI 3. USE OF SIGNIFICANT JUDGEMENTS,

DAN ASUMSI SIGNIFIKAN OLEH MANAJEMEN ESTIMATES AND ASSUMPTIONS BY
MANAGEMENT
Penyusunan laporan keuangan Bank mengharuskan The preparation of the financial statements of
manajemen untuk membuat pertimbangan, estimasi the Bank requires management to make
dan asumsi yang mempengaruhi jumlah yang judgements, estimates and assumptions that affect
dilaporkan dari pendapatan, beban, aset dan the reported amounts of revenues, expenses,
liabilitas dan pengungkapan atas liabilitas assets and liabilities and the disclosure of
kontinjensi pada akhir periode pelaporan. contingent liabilities, at the end of reporting period.
Ketidakpastian mengenai asumsi dan estimasi Uncertainty about these assumptions and estimates
tersebut dapat mengakibatkan penyesuaian material could result in outcome that requires material
terhadap nilai tercatat aset dan liabilitas dalam adjustment to the carrying amount of the asset and
periode pelaporan berikutnya. liability affected in future periods.
Pertimbangan Judgements
Pertimbangan berikut ini dibuat oleh manajemen The following judgements are made by
dalam rangka penerapan kebijakan akuntansi Bank management in the process of applying the Bank’s
yang memiliki pengaruh paling signifikan atas accounting policies that have the most significant
jumlah yang diakui dalam laporan keuangan: effects on the amounts recognized in the financial
statements:
Usaha yang berkelanjutan Going concern
Manajemen Bank telah melakukan penilaian atas The Bank’s management has made an assessment
kemampuan Bank untuk melanjutkan kelangsungan of the Bank’s ability to continue as a going concern
usahanya dan berkeyakinan bahwa Bank memiliki and is satisfied that the Bank has the resources to
sumber daya untuk melanjutkan usahanya di masa continue in business for the foreseeable future.
mendatang. Oleh karena itu, laporan keuangan Therefore, the financial statements continue to be
telah disusun atas dasar usaha yang berkelanjutan. prepared on a going concern basis.
Klasifikasi aset dan liabilitas keuangan Classification of the financial assets and liabilities
Bank menetapkan klasifikasi atas aset dan liabilitas The Bank determines the classification of certain
tertentu sebagai aset keuangan dan liabilitas assets and liabilities as financial assets and financial
keuangan dengan mempertimbangkan bila definisi liabilities by judging if they meet the definition set
yang ditetapkan PSAK 55 (Revisi 2014) dipenuhi. forth in PSAK 55 (Revised 2014). Accordingly,
Dengan demikian, aset keuangan dan liabilitas the financial assets and financial liabilities are
keuangan diakui sesuai dengan kebijakan akuntansi accounted for in accordance with the accounting
seperti yang diungkapkan pada Catatan 2c. policies as disclosed in Note 2c.
Penentuan mata uang fungsional Determination of functional currency
Mata uang fungsional dari Bank adalah mata uang The functional currency of the Bank is the currency
dari lingkungan ekonomi primer dimana entitas of the primary economic environment in which
beroperasi. Mata uang tersebut adalah mata uang the entity operates. It is the currency that mainly
yang mempengaruhi pendapatan dan beban dari influences the revenue and cost of rendering
jasa yang diberikan. Berdasarkan substansi services. Based on the economic substance of
ekonomi dari kondisi mendasari yang relevan, mata the relevant underlying circumstances, the
uang fungsional dan penyajian Bank adalah Rupiah. functional and presentation currency of the Bank is
the Indonesian Rupiah.
Nilai wajar atas instrumen keuangan Fair value of financial instruments
Bila nilai wajar aset keuangan dan liabilitas When the fair values of financial assets and financial
keuangan yang tercatat pada laporan posisi liabilities recorded in thestatement of financial
keuangan tidak tersedia di pasar aktif, nilainya position cannot be derived from active markets, they
ditentukan dengan menggunakan berbagai teknik are determined using a variety of valuation
penilaian termasuk penggunaan model matematika. techniques that include the use of mathematical
Masukan (input) untuk model ini berasal dari data models. The inputs to these models are derived
pasar yang bisa diamati sepanjang data tersebut from observable market data where possible, but
tersedia. Bila data pasar yang bisa diamati tersebut when observable market data are not available,
tidak tersedia, pertimbangan manajemen diperlukan management’s judgement is required to establish
untuk menentukan nilai wajar. fair values.

57

3. PENGGUNAAN PERTIMBANGAN, ESTIMASI DAN 3. USE OF SIGNIFICANT JUDGEMENTS,

ASUMSI SIGNIFIKAN OLEH MANAJEMEN ESTIMATES AND ASSUMPTIONS BY
(lanjutan) MANAGEMENT (continued)
Pertimbangan (lanjutan) Judgements (continued)
Nilai wajar atas instrumen keuangan (lanjutan) Fair value of financial instruments (continued)
Pertimbangan manajemen tersebut mencakup The management’s judgements include

pertimbangan likuiditas dan masukan model seperti considerations of liquidity and model inputs such as
volatilitas untuk transaksi derivatif yang berjangka volatility for long-term derivatives and discount rates,
waktu panjang dan tingkat diskonto, tingkat early payment rates and default rate assumptions.
pelunasan dipercepat dan asumsi tingkat gagal
bayar.
Bank menampilkan nilai wajar atas instrumen The Bank presents the fair value of financial
keuangan berdasarkan hirarki nilai wajar sebagai instruments based on the following fair value
berikut: hierarchy:
 Tingkat 1: Harga kuotasi (tidak disesuaikan)  Level 1: Quoted prices (unadjusted) in active
dalam pasar aktif untuk aset atau liabilitas yang markets for identical assets or liabilities;
identik;
 Tingkat 2: Teknik penilaian yang menggunakan  Level 2: Valuation techniques using inputs other
input selain harga kuotasi yang termasuk than quoted prices included within level 1 that
di dalam tingkat 1 yang dapat diobservasi untuk are observable for the asset or liability, either
aset atau liabilitas, baik langsung (misalnya, directly (i.e. as prices) or indirectly (i.e. derived
harga) maupun tidak langsung (misalnya, from prices); and
turunan dari harga); dan
 Tingkat 3: Teknik penilaian yang menggunakan  Level 3: Valuation techniques using inputs for
input untuk aset dan liabilitas yang tidak the asset or liability that are not based on
didasarkan pada data pasar yang dapat observable market data (unobservable inputs).
diobservasi (input yang tidak dapat
diobservasi).
Penurunan nilai pinjaman yang diberikan Impairment losses on loans
Bank menelaah pinjaman yang diberikan yang The Bank reviews its individually significant loans at
signifikan secara individual pada setiap tanggal each statement of financial position date to assess
laporan posisi keuangan untuk menilai apakah whether an impairment loss should be recorded
penurunan nilai harus dicatat dalam laba rugi. in the profit or loss. In particular, judgement by the
Secara khusus, pertimbangan manajemen management is required in the estimation of
diperlukan dalam estimasi jumlah dan waktu arus the amount and timing of future cash flows when
kas di masa mendatang ketika menentukan determining the impairment losses. In estimating
kerugian penurunan nilai. Dalam estimasi arus kas these cash flows, the Bank makes judgements
tersebut, Bank melakukan penilaian atas kondisi about the borrower’s financial condition and the net
keuangan peminjam dan nilai realisasi neto agunan. realizable value of collateral. These estimates are
Estimasi tersebut didasarkan pada asumsi dari based on assumptions from a number of factors and
sejumlah faktor dan hasil akhirnya mungkin actual results may differ resulting in future changes
berbeda, yang mengakibatkan perubahan di masa to the amount of impairment allowance.
mendatang atas cadangan penurunan nilai.
Penurunan nilai aset keuangan tersedia untuk dijual Impairment of available-for-sale financial assets
Bank mengevaluasi efek utang yang diklasifikasikan The Bank reviews its debt securities classified as
sebagai tersedia untuk dijual pada setiap tanggal available-for-sale at each statement of financial
laporan posisi keuangan untuk menilai apakah position date to assess whether they are impaired.
telah terjadi penurunan nilai. Penilaian tersebut This requires similar judgement as applied to
memerlukan pertimbangan yang sama seperti yang the individual assessment of loans.
diterapkan pada penilaian secara individual atas
pinjaman yang diberikan.

58


Pertimbangan (lanjutan) Judgements (continued)
Sewa Leases
Bank memiliki perjanjian sewa dimana Bank sebagai The Bank has leases whereas the Bank acts as
lessee sehubungan dengan sewa gedung. Bank lessee in respect of office rental. The Bank
mengevaluasi apakah risiko dan manfaat signifikan evaluates whether significant risks and rewards
atas kepemilikan aset sewaan ditransfer or ownership of the leased assets are transferred
berdasarkan PSAK 30, “Sewa” yang mengharuskan based on PSAK 30, “Leases” which requires
Bank untuk membuat pertimbangan dan estimasi the Bank to make judgement and estimates of
atas transfer risiko dan manfaat terkait dengan the transfer of risks and rewards related to
kepemilikan aset. the ownership of asset.
Berdasarkan penelaahan yang dilakukan Bank atas Based on the review performed by the Bank for
perjanjian sewa gedung, transaksi sewa tersebut the office rental agreement, such rental transactions
diklasifikasikan sebagai sewa operasi. are classified as operating lease.
Estimasi dan Asumsi Estimates and Assumptions
Beberapa estimasi dan asumsi dibuat dalam rangka Certain estimates and assumption are made in
penyusunan laporan keuangan dimana dibutuhkan the preparation of the financial statements which
pertimbangan manajemen dalam menentukan require management judgement in determining
metodologi yang tepat untuk penilaian aset dan the appropriate methodology for valuation of assets
liabilitas. and liabilities.
Manajemen membuat estimasi dan asumsi yang Management makes estimates and assumptions
berimplikasi pada pelaporan nilai aset dan liabilitas that affect the reported amounts of assets and
atas periode keuangan satu periode ke depan. liabilities within the next financial period.
Semua estimasi dan asumsi yang diharuskan oleh All estimates and assumptions required in
PSAK adalah estimasi terbaik yang didasarkan conformity with PSAK are best estimates
standar yang berlaku. Estimasi dan pertimbangan undertaken in accordance with the applicable
dievaluasi secara terus menerus dan berdasarkan standard. Estimates and judgements are evaluated
pengalaman masa lalu dan faktor-faktor lain on a continuous basis and are based on past
termasuk harapan atas kejadian yang akan datang. experience and other factors, including expectations
with regard to future events.
Walaupun estimasi dan asumsi ini dibuat Although these estimates and assumptions are
berdasarkan pengetahuan terbaik manajemen atas based on management’s best knowledge of current
kejadian dan tindakan saat ini, hasil aktual mungkin events and activities, actual result may differ from
berbeda dengan estimasi dan asumsi semula. those estimates and assumptions.
Cadangan kerugian penurunan nilai aset keuangan Allowance for impairment losses on financial assets
Aset keuangan yang dicatat berdasarkan biaya Financial assets accounted for under amortized cost
perolehan diamortisasi dievaluasi penurunan are evaluated for impairment on a basis as
nilainya sesuai dengan Catatan 2j. described in Note 2j.
Kondisi spesifik counterparty yang mengalami The specific counterparty component of the total
penurunan nilai dalam pembentukan cadangan allowances for impairment applies to financial
kerugian atas aset keuangan dievaluasi secara assets evaluated individually for impairment based
individu berdasarkan estimasi terbaik manajemen on management’s best estimate of the present value
atas nilai kini arus kas yang diharapkan akan of the cash flows that are expected to be received.
diterima. Dalam mengestimasi arus kas tersebut, In estimating these cash flows, management makes
manajemen membuat pertimbangan tentang situasi judgements about the counterparty’s financial
keuangan counterparty dan nilai realisasi neto dari situation and the net realizable value of any
setiap agunan. Setiap aset yang mengalami underlying collateral. Each impaired asset is
penurunan nilai dinilai sesuai dengan manfaat yang assessed on its merits and the workout strategy and
ada dan strategi penyelesaian serta estimasi arus estimated cash flows considered recoverable are
kas yang diperkirakan dapat disetujui secara independently approved by the Risk Management
independen oleh Satuan Kerja Manajemen Risiko. Working Unit.

59


Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
Cadangan kerugian penurunan nilai aset keuangan Allowance for impairment losses on financial assets
Perhitungan cadangan penurunan nilai kolektif Collectively assessed impairment allowances cover
meliputi kerugian kredit yang melekat dalam credit losses inherent in portfolios of financial assets
portofolio aset keuangan dengan karakteristik with similar economic characteristics when there is
ekonomi yang sama ketika terdapat bukti objektif objective evidence to suggest that they contain
penurunan nilai, tetapi penurunan nilai secara impaired financial assets, but the individual impaired
individu belum dapat diidentifikasi. Dalam menilai items can not yet be identified. In assessing the
kebutuhan untuk cadangan kolektif, manajemen need for collective allowances, management
mempertimbangkan faktor-faktor seperti kualitas considers factors such as credit quality and type of
kredit dan jenis produk. Guna membuat estimasi product. In order to estimate the required allowance,
cadangan yang diperlukan, manajemen membuat assumptions are made to define the way inherent
asumsi untuk menentukan kerugian yang melekat losses are modelled and to determine the required
dan untuk menentukan parameter input yang input parameters, based on historical experience
diperlukan, berdasarkan pengalaman masa lalu dan and current economic conditions. The accuracy of
kondisi ekonomi saat ini. Keakuratan penyisihan the allowances depends on how well these estimate
tergantung pada seberapa baik estimasi arus kas future cash flows for specific counterparty
masa depan untuk cadangan counterparty tertentu allowances and the model assumptions and
dan asumsi model dan parameter yang digunakan parameters used in determining collective
dalam menentukan cadangan kolektif. allowances.
Penurunan nilai aset non-keuangan Impairment of non-financial assets
Penurunan nilai timbul saat nilai tercatat aset atau An impairment exists when the carrying value of
UPK melebihi jumlah terpulihkannya, yaitu yang an asset or UPK exceeds its recoverable amount,
lebih tinggi antara nilai wajar dikurangi biaya untuk which is the higher of its fair value less costs to sell
menjual dan nilai pakainya. Nilai wajar dikurangi and its value in use. The fair value less coststo sell
biaya untuk menjual didasarkan pada data yang calculation is based on available data from binding
tersedia dari transaksi penjualan yang mengikat sales transactions in an arm’s length transaction of
dalam transaksi normal atas aset serupa atau harga similar assets or observable market prices less
pasar yang dapat diamati dikurangi dengan biaya incremental costs for disposing the asset.
tambahan yang dapat diatribusikan dengan In assessing the value in use, the estimated net
pelepasan aset. Dalam menghitung nilai pakai, future cash flows are discounted to their present
estimasi arus kas masa depan neto didiskontokan value using a pre-tax discount rate that reflects
ke nilai kini dengan menggunakan tingkat diskonto current market assessments of the time value of
sebelum pajak yang menggambarkan penilaian money and the specific risks to the asset.
pasar kini dari nilai waktu uang dan risiko spesifik
atas aset.
Dalam menentukan nilai wajar dikurangi biaya untuk In determining fair value less costs to sell, recent
menjual, digunakan harga penawaran pasar terakhir, market transactions are taken into account,
jika tersedia. Jika tidak terdapat transaksi tersebut, if available. If no such transactions can be
model penilaian yang sesuai digunakan untuk identified, an appropriate valuation model is used to
menentukan nilai wajar aset. Perhitungan ini determine the fair value of the assets. These
dipadukan dengan penilaian berganda atau indikator calculations are collaborated by valuation multiples
nilai wajar yang tersedia. Perhitungan nilai pakai or other available fair value indicators. The value in
didasarkan pada model arus kas yang use calculation is based on a discounted cash flow
didiskontokan. model.
Manajemen berkeyakinan bahwa tidak terdapat Management believes that there is no indication
indikasi atas kemungkinan penurunan potensial of potential impairment in values of
atas nilai aset non-keuangan pada tanggal non-financial assets as of December 31, 2018
31 Desember 2018 dan 2017. and 2017.

60


Imbalan pasca kerja Post-employment benefits
Penentuan liabilitas dan beban imbalan pasca kerja The determination of the Bank’s post-employment
Bank bergantung pada pemilihan asumsi yang benefits liability and expense depends on its
digunakan oleh aktuaris independen dalam selection of certain assumptions used by the
menghitung jumlah-jumlah tersebut. Asumsi independent actuaries in calculating such amounts.
tersebut termasuk antara lain, tingkat diskonto, Those assumptions include discount rates, annual
tingkat kenaikan gaji tahunan, tingkat pengunduran salary increase rate, annual resignation rate,
diri karyawan tahunan, tingkat kecacatan, umur disability rate, retirement age and mortality rate.
pensiun dan tingkat kematian. Seluruh asumsi All assumptions are reviewed at the end of reporting
ditelaah setiap akhir periode pelaporan. period.
Sementara Bank berkeyakinan bahwa asumsi While the Bank believes that its assumptions are
tersebut adalah wajar dan sesuai, perbedaan reasonable and appropriate, significant differences
signifikan pada hasil aktual atau perubahan in the Bank’s actual experiences or significant
signifikan dalam asumsi yang ditetapkan Bank dapat changes in the Bank’s assumptions may materially
mempengaruhi secara material liabilitas imbalan affect its post-employment benefits liability
pasca kerja dan beban imbalan pasca kerja neto. and net post-employment benefits expense.
Nilai tercatat atas liabilitas imbalan pasca kerja Bank The carrying amount of the Bank’s post-employment
pada tanggal 31 Desember 2018 dan 2017 benefits liability as of December 31, 2018 and
masing-masing adalah sebesar Rp 55.271 dan 2017 were Rp 55,271 and Rp 31,676, respectively.
Rp 31.676. Penjelasan lebih lanjut diungkapkan Further details are disclosed in Note 38.
dalam Catatan 38.
Penyusutan aset tetap Depreciation of fixed assets
Nilai tercatat aset tetap disusutkan dengan Carrying value of fixed assets is depreciated using
menggunakan metode garis lurus (straight-line the straight-line method over their estimated useful
method) berdasarkan taksiran masa manfaat lives. Management estimates the useful lives of
ekonomisnya. Manajemen mengestimasi masa these fixed assets to be within 4 (four) up to
manfaat ekonomis aset tetap antara 4 (empat) 20 (twenty) years. These are common life
sampai dengan 20 (dua puluh) tahun. Ini adalah expectancies applied in the industries where
umur secara umum diharapkan dalam industri the Bank conducts its businesses. After considering
dimana Bank menjalankan bisnisnya. Setelah the remaining of estimated useful lives after
memperhitungkan sisa manfaat ekonomis aset tetap revaluation, depreciation is computed based on the
setelah revaluasi, penyusutan dihitung berdasarkan remaining of estimated useful lives within 1 (one)
taksiran sisa manfaat yaitu 1 (satu) sampai dengan until 20 (twenty) years.
20 (dua puluh) tahun.
Perubahan tingkat pemakaian dan perkembangan Changes in the expected level of usage and
teknologi dapat mempengaruhi masa manfaat technological development could impact
ekonomis dan nilai sisa aset dan karenanya biaya the economic useful lives and the residual values
penyusutan masa depan mungkin direvisi. of these assets and therefore future depreciation
Nilai buku neto aset tetap Bank pada charges could be revised. The net book value
tanggal 31 Desember 2018 dan 2017 of the Bank’s fixed assets as of December 31, 2018
masing-masing adalah sebesar Rp 194.079 dan and 2017 were amounted to Rp 194,079 and
Rp 223.484. Penjelasan lebih lanjut diungkapkan Rp 223,484, respectively. Further details are
dalam Catatan 14. disclosed in Note 14.
Revaluasi aset tetap Fixed asset revaluation
Revaluasi aset tetap Bank bergantung pada The Bank’s fixed assets revaluation depends on its
pemilihan asumsi yang digunakan oleh penilai selection of certain assumptions used by the
independen dalam menghitung jumlah-jumlah independent appraisal in calculating such amounts.
tersebut. Asumsi tersebut termasuk antara lain: Those assumptions include among others, discount
tingkat diskonto, nilai tukar, tingkat inflasi dan tingkat rate, exchange rate, inflation rate and revenue and
kenaikan pendapatan dan biaya. Bank berkeyakinan cost increase rate. The Bank believes that its
bahwa asumsi tersebut adalah wajar dan sesuai, assumptions are reasonable and appropriate and
perbedaan signifikan dalam asumsi yang ditetapkan significant differences in the Bank’s assumptions
Bank dapat mempengaruhi secara material nilai may materially affect the valuation of its fixed
aset tetap yang direvaluasi. assets.

61


Pajak penghasilan Income tax
Estimasi signifikan dilakukan dalam menentukan Significant estimate is involved in determining

provisi atas pajak penghasilan badan. the provision for corporate income tax. There are
Terdapat transaksi dan perhitungan tertentu yang certain transactions and computations for which
penentuan pajak akhirnya adalah tidak pasti the ultimate tax determination is uncertain during
sepanjang kegiatan usaha normal. Bank mengakui the ordinary course of business. The Bank
liabilitas atas pajak penghasilan badan berdasarkan recognizes liabilities for expected corporate income
estimasi apakah akan terdapat tambahan pajak tax issues based on estimates of whether additional
penghasilan badan. Apabila keputusan final atas corporate income tax will be due. Where the final tax
pajak tersebut berbeda dari jumlah yang pada outcome of those matters is different from
awalnya dicatat, perbedaan tersebut dicatat pada the amounts that were initially recorded, such
laba rugi pada periode dimana hasil tersebut differences will be recorded in the profit or loss
dikeluarkan. in the period in which such determination is made.
Akumulasi rugi fiskal Bank masing-masing adalah The accumulated fiscal loss of the Bank amounted
sebesar Rp 1.432.304 dan Rp 2.190.079 untuk to Rp 1,432,304 and Rp 2,190,079 for
tahun yang berakhir pada tanggal 31 Desember the years ended December 31, 2018 and
2018 dan 2017. Penjelasan lebih lanjut diungkapkan 2017, respectively. Further details are disclosed in
dalam Catatan 37b. Note 37b.
Aset pajak tangguhan Deferred tax assets
Aset pajak tangguhan diakui atas seluruh Deferred tax assets are recognized for all deductible
perbedaan temporer yang dapat dikurangkan, temporary differences, to the extent that it is
sepanjang besar kemungkinannya bahwa probable that taxable profit will be available against
penghasilan kena pajak akan tersedia sehingga which the deductible temporary differences.
perbedaan temporer tersebut dapat digunakan. Significant estimates by management are required
Estimasi signifikan oleh manajemen disyaratkan to determine the amount of deferred tax assets that
dalam menentukan jumlah aset pajak tangguhan can be recognized, based upon the likely timing and
yang dapat diakui, berdasarkan saat penggunaan the level of the future taxable profits together with
dan tingkat penghasilan kena pajak serta strategi future tax planning strategies. Further details are
perencanaan pajak masa depan. Penjelasan lebih disclosed in Note 37b.
lanjut diungkapkan dalam Catatan 37b.
Tuntutan hukum Legal cases
Bank sedang menghadapi kasus-kasus hukum. The Bank is facing legal cases. Up to
Sampai dengan tanggal 31 Desember 2018, proses December 31, 2018, legal proceedings against
hukum terhadap pihak-pihak antara lain seperti parties such as investors who bought investment
investor yang membeli produk investasi milik products issued by PT Antaboga Delta Sekuritas
PT Antaboga Delta Sekuritas Indonesia, nasabah, Indonesia, customers, debtors, Board of Directors,
debitur, Direksi, pihak ketiga dan manajemen lama third parties and as well as the former management
dan pemegang saham semasa sebelum Bank and shareholders before the Bank was taken over
diambilalih oleh LPS, sebagian sudah mendapat by LPS, some cases already have the final decision
putusan tetap dan/atau peninjauan kembali. and/or judicial review.
Bank akan membukukan kerugian atas tuntutan The Bank will recognize the loss on lawsuit when
hukum tersebut pada saat hasil keputusan final atas the result of the final decision from those cases are
status hukum tersebut diperoleh dan akan dicatat awarded and the loss will be recorded at the profit
pada laba rugi pada periode dimana hasil putusan or loss in the period in which such final legal
final tersebut diterbitkan. decision is determined.

62

4. KAS 4. CASH
2018 2017
Rupiah 91.750 112.641 Rupiah
Mata uang asing (Catatan 41) Foreign currencies (Note 41)

Mata uang asing lainnya 5.391 11.780 Other foreign currencies
Sub-total 18.355 68.816 Sub -total

Total 110.105 181.457 Total
Saldo mata uang Rupiah termasuk uang pada Balance in Rupiah includes cash in ATM
mesin ATM (Anjungan Tunai Mandiri) sebesar (Automated Teller Machine) amounting to
Rp 6.282 dan Rp 6.710 masing-masing pada Rp 6,282 and Rp 6,710 as of December 31, 2018
tanggal 31 Desember 2018 dan 2017. and 2017, respectively.
Kas dalam mata uang asing lainnya terdiri dari Dolar Cash in other foreign currencies are denominated in
Singapura, Dolar Australia, Riyal Saudi Arabia, Euro Singapore Dollar, Australian Dollar, Saudi Arabian
Eropa, Dolar Kanada, Dolar Hong Kong, Dolar Riyal, European Euro, Canadian Dollar, Hong Kong
Brunei Darussalam, Franc Swiss, Ringgit Malaysia, Dollar, Brunei Darussalam Dollar, Swiss Franc,
Poundsterling Inggris, Yen Jepang, Dolar Selandia Malaysian Ringgit, Great Britain Poundsterling,
Baru, Dolar Taiwan, Bath Thailand, Peso Filipina, Japanese Yen, New Zealand Dollar, Taiwan Dollar,
Dinar Bahrain, Riyal Qatar, Dirham Uni Emirat Arab, Thailand Bath, Philippines Peso, Bahrain Dinar,
Won Korea dan Yuan China. Qatar Riyal, United Arab Emirates Dirham, Korean
Won and China Yuan.
5. GIRO PADA BANK INDONESIA 5. CURRENT ACCOUNTS WITH BANK INDONESIA
2018 2017

Dolar Amerika Serikat (Catatan 41) 109.365 62.401 United States Dollar (Note 41)
Total 803.124 885.824 Total
Bank dipersyaratkan untuk memiliki Giro Wajib The Bank is required to maintain minimum statutory
Minimum (GWM) dalam mata uang Rupiah dalam reserve (GWM) in Rupiah for conventional banking
kegiatannya sebagai bank umum, serta GWM dalam and statutory reserves in foreign currencies for
mata uang asing dalam kegiatannya melakukan foreign exchange transactions.
transaksi mata uang asing.

63

5. GIRO PADA BANK INDONESIA (lanjutan) 5. CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Giro Wajib Minimum (GWM) Bank telah sesuai Minimum Statutory Reserve complies with Bank
dengan Peraturan Bank Indonesia (PBI) Indonesia (BI) Regulation No. 15/15/PBI/2013 dated
No.15/15/PBI/2013 tanggal 24 Desember 2013 December 24, 2013 which have been further
tentang Giro Wajib Minimum Bank Umum Dalam amended with PBI No. 17/11/PBI/2015 dated
Rupiah dan Valuta Asing Bagi Bank Umum June 25, 2015, PBI No. 17/21/PBI/2015 dated
Konvensional sebagaimana telah diubah beberapa November 26, 2015, PBI No. 18/3/PBI/2016 dated
kali dengan PBI No. 17/11/PBI/2015 tanggal March 10, 2016, PBI No. 18/14/PBI/2016 dated
25 Juni 2015, PBI No. 17/21/PBI/2015 tanggal August 18, 2016, PBI No. 19/6/PBI/2017 dated
26 November 2015, PBI No. 18/3/PBI/2016 tanggal April 17, 2017 and PBI No. 20/3/PBI/2018 dated
10 Maret 2016, PBI No. 18/14/PBI/2016 tanggal March 29, 2018 concerning Minimum Statutory
18 Agustus 2016, PBI No. 19/6/PBI/2017 tanggal Reserve of Commercial Banks with BI in Rupiah and
17 April 2017 dan PBI No. 20/3/PBI/2018 tanggal foreign currency, which are as follows:
29 Maret 2018, yang masing-masing sebesar:
2018 2017
Rupiah Rupiah
GWM Primer 6,50% 6,50% Primary Minimum Statutory Reserve
Harian *) 3,50% 5,00% Daily *)
Rata-rata *) 3,00% 1,50% Average *)
Secondary Minimum
GWM Sekunder **) - 4,00% Statutory Reserve **)
PLM ***) 4,00% - PLM ***)
Mata uang asing 8,00% 8,00% Foreign currencies
*) Mulai berlaku per 16 Juli 2018 *) Effective on July 16, 2018
**) Per 1 Juli 2017, excess GWM **) Starting July 1, 2017,
tidak diperhitungkan sebagai excess GWM is not considered
pemenuhan GWM Sekunder as Secondary Minimum Statutory Reserve
***) Per 16 Juli 2018, berdasarkan PBI ***) Effective on July 16, 2018,
No. 20/4/PBI/2018 tanggal 29 Maret 2018, b ased on PBI No.20/4/PBI/2018
istilah GWM Sekunder berubah dated March 29, 2018,
menjadi PLM (Penyangga Likuiditas the term GWM Secondary changed to PLM
Makroprudensial) dan GWM LFR (Macroprudential Liquidity Buffer) and
berubah menjadi RIM the LFR GWM changed to RIM
(Rasio Intermediasi Makroprudensial) (Macroprudential Intermediation Ratio)
GWM Primer adalah simpanan minimum yang wajib The Primary Minimum Statutory Reserve is a
dipelihara oleh Bank dalam bentuk saldo Rekening minimum reserve that should be maintained by the
Giro pada Bank Indonesia. GWM Sekunder dan Bank in Current Accounts with Bank Indonesia.
PLM adalah cadangan minimum yang wajib The secondary Minimum Statutory Reserve and
dipelihara oleh Bank berupa SBI, Surat Utang PLM are the minimum reserves that should be
Negara (SUN), Surat Berharga Syariah Negara maintained by the Bank which comprised of
(SBSN) dan/atau excess reserve yang merupakan Certificates of Bank Indonesia (SBI), Government
kelebihan saldo Rekening Giro Rupiah Bank dari Debenture Debt (SUN), Sharia Government
GWM Primer, GWM LFR dan Rasio Intermediasi Securities (SBSN), and/or excess reserve which
Makroprudensial (RIM). GWM LFR dan RIM adalah represent the excess reserve of the Bank’s Current
tambahan simpanan minimum yang wajib dipelihara Accounts in Rupiah over the Primary Minimum
oleh Bank dalam bentuk saldo Rekening Giro pada Statutory Reserve, Minimum Statutory Reserve on
Bank Indonesia, jika LFR dan RIM Bank dibawah LFR and RIM. Minimum Statutory Reserve on LFR
minimum LFR dan RIM target Bank Indonesia (80%) and RIM is the additional reserve that should be
atau jika di atas maksimum LFR dan RIM target BI maintained by the Bank in the form of Current
(92%) dan Kewajiban Penyediaan Modal Minimum Accounts with Bank Indonesia, if the Bank’s LFR
(KPMM) Bank lebih kecil dari KPMM Insentif BI and RIM is below the minimum of LFR and RIM
sebesar 14%. targeted by Bank Indonesia (80%) or if the Bank’s
LFR and RIM is above the maximum of LFR and
RIM targeted by BI (92%) and the Capital Adequacy
Ratio (CAR) is below BI requirement of 14%.

64

5. GIRO PADA BANK INDONESIA (lanjutan) 5. CURRENT ACCOUNTS WITH BANK INDONESIA
(continued)
Rasio GWM Bank pada tanggal 31 Desember 2018 The Bank’s GWM ratio as of December 31, 2018
dan 2017 adalah sebagai berikut: and 2017 are as follows:
2018 2017
Rupiah Rupiah
GWM Primer 14,66% 9,93% Primary Statutory Reserves
Harian 9,77% 6,62% Daily
Rata-rata 4,89% 3,31% Average
GWM Sekunder - 13,85% Secondary Statutory Reserves
PLM 20,35% - PLM
Mata Uang Asing 10,34% 9,63% Foreign Currency
6. GIRO PADA BANK LAIN 6. CURRENT ACCOUNTS WITH OTHER BANKS
a. Berdasarkan pihak, mata uang dan bank a. By parties, currencies and bank
2018 2017
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Central Asia Tbk 21.822 20.935 PT Bank Central Asia Tb k
PT Bank Negara Indonesia (Persero) Tbk 20.860 13.844 PT Bank Negara Indonesia (Persero) Tb k
PT Bank Mandiri (Persero) Tbk 531 523 PT Bank Mandiri (Persero) Tb k
PT Bank CIMB Niaga Tbk 36 212 PT Bank CIMB Niaga Tb k

PT Bank Central Asia Tbk 64.634 62.521 PT Bank Central Asia Tb k
United Overseas Bank (UOB), United Overseas Bank (UOB),
Singapura 32.766 29.726 Singapore
PT Bank Maybank Indonesia Tbk 21.796 20.473 PT Bank Mayb ank Indonesia Tb k
PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tb k,
New York 16.251 60.981 New York
PT Bank Permata Tbk 14.458 13.613 PT Bank Permata Tb k
Sumitomo Mitsui Banking Sumitomo Mitsui Banking
Corporation, Tokyo 13.220 4.268 Corporation, Tokyo
Australia and New Zealand Bank Australia and New Zealand Bank
(ANZ), Melbourne 12.160 12.874 (ANZ), Melb ourne
PT Bank Mandiri (Persero) Tbk 10.670 10.503 PT Bank Mandiri (Persero) Tb k
PT Bank CIMB Niaga Tbk 9.660 5.286 PT Bank CIMB Niaga Tb k
UOB, Jakarta 4.567 4.453 UOB, Jakarta
PT Bank Negara Indonesia (Persero) Tbk 2.185 2.062 PT Bank Negara Indonesia (Persero) Tb k
KB Kookmin Bank, Korea Selatan 1.943 122 KB Kookmin Bank, South Korea
Standard Chartered Bank, Hong Kong 933 882 Standard Chartered Bank, Hong Kong
Indonesische Overzeese Bank N.V. Indonesische Overzeese Bank N.V.
(Indover), Belanda 784 774 (Indover), Netherlands
Australia and New Zealand Bank, Australia and New Zealand Bank,
Wellington 466 334 Wellington
Industrial and Commercial Bank of China, Industrial and Commercial Bank of China,
Jakarta 360 123 Jakarta
Industrial and Commercial Bank of China, Industrial and Commercial Bank of China,
Hong Kong 138 319 Hong Kong
PT Bank Pan Indonesia Tbk 90 86 PT Bank Pan Indonesia Tb k
Total 250.330 264.914 Total
Cadangan kerugian penurunan nilai (784) (774) Allowance for impairment losses
Neto 249.546 264.140 Net

65

6. GIRO PADA BANK LAIN (lanjutan) 6. CURRENT ACCOUNTS WITH OTHER BANKS
(continued)
b. Perubahan cadangan kerugian penurunan nilai b. The changes in allowance for impairment losses
adalah sebagai berikut: are as follows:
2018 2017
Saldo awal tahun 774 676 Balance at b eginning of year

Selisih perbedaan kurs 10 98 Exchange rate differences
Saldo akhir tahun 784 774 Balance at end of the year
Pada tanggal 31 Desember 2018 dan As of December 31, 2018 and 2017, all current
2017, seluruh rekening giro pada bank lain, accounts with other banks, except the current
kecuali rekening giro pada Indover, dikategorikan accounts with Indover, are classified as current.
lancar. Bank telah membentuk cadangan The Bank has provided allowance for impairment
kerugian penurunan nilai atas rekening giro pada losses for current accounts with Indover due to
Indover sehubungan dengan telah dibekukannya the suspension of the banking operations on
operasional bank tersebut pada tanggal October 7, 2008.
7 Oktober 2008.
Manajemen berpendapat bahwa jumlah Management believes that allowance for

cadangan kerugian penurunan nilai untuk giro impairment losses on current accounts with
pada bank lain telah memadai. other banks is adequate.
c. Tingkat suku bunga rata-rata per tahun adalah c. The average interest rates per annum are as
2018 2017
Rupiah 1,00% 1,11% Rupiah

d. Pada tanggal 31 Desember 2018 dan d. The outstanding balance in Indover as of

2017, saldo pada Indover masing-masing adalah December 31, 2018 and 2017 amounted to
sebesar EUR 47.700 (ekuivalen Rp 784 dan EUR 47,700 (equivalent to Rp 784 and Rp 774
Rp 774 pada tanggal 31 Desember 2018 dan as of December 31, 2018 and 2017),
2017). respectively.
7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK LAIN OTHER BANKS
a. Berdasarkan jenis, mata uang dan bank a. By type, currency and bank
2018 2017
Rupiah Rupiah
Deposit facility Deposit facility
Bank Indonesia 649.905 514.950 Bank Indonesia
b. Berdasarkan jatuh tempo b. By maturity period
2018 2017
Rupiah Rupiah
Kurang dari 1 bulan 649.905 514.950 Less than 1 month

66

7. PENEMPATAN PADA BANK INDONESIA DAN 7. PLACEMENTS WITH BANK INDONESIA AND
BANK LAIN (lanjutan) OTHER BANKS (continued)
c. Tingkat suku bunga rata-rata per tahun adalah c. The average annual interest rates were as
2018 2017
Rupiah Rupiah
Interb ank call money - BI 4,09% 3,58% Interb ank call money - BI
Interb ank call money - Bank lain 5,15% 1,11% Interb ank call money - Other b anks

Interb ank call money - BI - 0,34% Interb ank call money - BI
d. Manajemen berpendapat bahwa tidak terdapat d. Management believes that there is no

penurunan nilai atas penempatan pada impairment on placements with Bank Indonesia,
Bank Indonesia sehingga tidak diperlukan therefore no allowance for impairment losses
pembentukan cadangan kerugian penurunan was provided as of December 31, 2018
nilai pada tanggal 31 Desember 2018 and 2017.
dan 2017.
8. SURAT-SURAT BERHARGA 8. MARKETABLE SECURITIES
a. Berdasarkan tujuan, jenis dan mata uang a. By purpose, type and currency
Rincian dari masing-masing kategori tersebut The details for each category mentioned above
diatas adalah sebagai berikut: are as follows:
2018
Saldo yang Kerugian
Nilai belum belum
perolehan/ diamortisasi/ direalisasi/
Acquisition Unamortized Unrealized Lancar/ Macet/
amount amount *) loss Current Loss Total
Tersedia untuk dijual Available-for-sale
Rupiah Rupiah
Obligasi Pemerintah 1.311.678 11.520 (106.300) 1.216.898 - 1.216.898 Government Bonds
Obligasi Ritel Indonesia 294.425 239 (4.074) 290.590 - 290.590 Indonesian Retail Bonds
Sertifikat Bank Indonesia 100.000 (2.237) (15) 97.748 - 97.748 Certificates of Bank Indonesia
Obligasi lainnya 747.990 (5.070) (17.122) 725.798 - 725.798 Other bonds
Sub-total 2.454.093 4.452 (127.511) 2.331.034 - 2.331.034 Sub-total
Mata uang asing (Catatan 41) Foreign currency (Note 41)

Obligasi Pemerintah 774.234 8.403 (35.198) 747.439 - 747.439 Government Bonds
Sub-total 3.228.327 12.855 (162.709) 3.078.473 - 3.078.473 Sub-total
Diperdagangkan Trading
Rupiah Rupiah
Sertifikat Bank Indonesia 285.431 - - 285.431 - 285.431 Certificates of Bank Indonesia
Obligasi Pemerintah 198.834 - - 198.834 - 198.834 Government Bonds
Sub-total 484.265 - - 484.265 - 484.265 Sub-total
Total 3.712.592 12.855 (162.709) 3.562.738 - 3.562.738 Total

67

8. SURAT-SURAT BERHARGA (lanjutan) 8. MARKETABLE SECURITIES (continued)
a. Berdasarkan tujuan, jenis dan mata uang a. By purpose, type and currency (continued)
(lanjutan)
2017
Keuntungan
Saldo yang (kerugian)
Nilai belum belum
perolehan/ diamortisasi/ direalisasi/
Acquisition Unamortized Unrealized Lancar/ Macet/
amount amount *) gain (loss) Current Loss Total
Rupiah Rupiah
Obligasi Pemerintah 605.299 12.461 6.020 623.780 - 623.780 Government Bonds
Obligasi Ritel Indonesia 148.220 292 (303) 148.209 - 148.209 Indonesian Retail Bonds
Obligasi lainnya 509.000 - 11.229 520.229 - 520.229 Other b onds
Sub-total 1.410.539 12.753 16.946 1.440.238 - 1.440.238 Sub -total

Obligasi Pemerintah 445.570 10.024 6.254 461.848 - 461.848 Government Bonds
Sub-total 1.856.109 22.777 23.200 1.902.086 - 1.902.086 Sub -total
Rupiah Rupiah

Obligasi Pemerintah 189.252 - - 189.252 - 189.252 Government Bonds
Sub-total 1.036.430 - - 1.036.430 - 1.036.430 Sub -total
Total 2.892.539 22.777 23.200 2.938.516 - 2.938.516 Total
*) Saldo yang belum diamortisasi terdiri dari nilai *) Unamortized amount consists of unamortized
premi/(diskonto) yang belum diamortisasi. premium/(discount).
Surat berharga dalam mata uang asing adalah Marketable securities in foreign currency are
dalam Dolar Amerika Serikat. denominated in United States Dollar.
b. Berdasarkan golongan penerbit efek b. By issuer
2018 2017
Rupiah Rupiah
Pemerintah 2.089.501 1.767.187 Government
Korporasi 504.824 284.208 Corporates
Bank-bank 220.974 236.021 Banks
Sub-total 2.815.299 2.287.416 Sub -total

Pemerintah 747.439 651.100 Government
Total 3.562.738 2.938.516 Total

68

c. Berdasarkan peringkat surat-surat berharga c. By rating of marketable securities
2018 2017
Pemeringkat/ Nilai wajar/ Peringkat/ Nilai wajar/ Peringkat/
Rating agency Fair value Rating Fair value Rating
Rupiah Rupiah
Sertifikat Bank Indonesia - 97.748 - 148.020 - Certificates of Bank Indonesia
FR0059 - 345.954 - 388.394 - FR0059
FR0064 - 280.816 - 63.165 - FR0064
FR0061 - 82.623 - 67.113 - FR0061
FR0065 - 73.831 - 82.591 - FR0065
FR0056 - 20.295 - 22.517 - FR0056
FR0075 - 15.549 - - - FR0075
ORI015 - 146.986 - - - ORI015
ORI014 - 138.734 - 143.250 - ORI014
ORI013 - 4.871 - 4.949 - ORI013
ORI012 - - - 10 - ORI012
SR010 - 397.829 - - - SRI010
Obligasi I Pelindo Tahap IV Bond I Pelindo Phase IV
Tahun 2018 Seri A Pefindo 49.866 idAA - - Year 2018 Series A
Obligasi Indofood Sukses Makmur VIII Obligation Indofood Sukses Makmur VIII
Tahun 2017 Pefindo 29.205 idAA+ - - Year 2017
Obligasi I Angkasa Pura II Tahun 2016 Bond I Angkasa Pura II Year 2016
Seri A Pefindo 19.594 idAAA - - Series A
Obligasi I Mortalindo Tahun 2017 Bond I Mortalindo Year 2017
Seri A Pefindo - - 35.114 idA Series A
International Finance Tahap I International Finance Phase I
Tahun 2015 Seri B Pefindo - - 50.515 idAAA Year 2015 Series B
Obligasi I Bank UOB Indonesia Bond I Bank UOB Indonesia
Tahun 2015 Seri B Pefindo - - 30.279 idAA- Year 2015 Series B
Obligasi Berkelanjutan I Bank UOB Continuous Bond I Bank UOB
Tahap I 2016 Seri C Pefindo - - 29.952 idAA- Phase I 2016 Series C
Tahap II Tahun 2018 Seri C Pefindo 47.493 idAAA - - Phase II year 2018 Series C
Obligasi Berkelanjutan I Bank Victoria Continuous Bonds I Bank Victoria
Tahap II Tahun 2018 Seri B Pefindo 39.599 idA- - - Phase II Year 2018 Series B
Obligasi Berkelanjutan I XL Axiata Continuous Bonds I XL Axiata
Tahap I Tahun 2018 Seri B Pefindo 29.660 idAA+ - - Phase I Year 2018 Series B
Tahap I Tahun 2018 Seri C Pefindo 16.991 idAA+ - - Phase I Year 2018 Series C
Obligasi Berkelanjutan l BRI Agro Continuous Bonds I BRI Agro
Tahun 2017 Seri B Pefindo 9.714 idAA 10.204 idAA Year 2017 Series B
Obligasi Berkelanjutan I Mayora Indah Continuous Bonds I Mayora Indah
Tahap III Tahun 2018 Pefindo 9.515 idAA - - Phase III Year 2018
Obligasi Berkelanjutan I Permodalan Nasional Continuous Bonds I Permodalan Nasional
Madani Tahap II Tahun 2016 Seri A Pefindo 2.585 idA Madani Phase II Year 2016 Series A
Obligasi Berkelanjutan l Timah Tahap I Continuous Bonds I Timah Phase I
Tahun 2017 Seri B Pefindo - - 29.510 idA+ Year 2017 Series B
Obligasi Berkelanjutan Indonesia Continuous Bond Indonesia
Eximbank II Tahap V 2015 Seri C Pefindo - - 26.185 idAAA Eximbank II Phase V 2015 Series C
Eximbank III Tahap II 2016 Seri C Pefindo - - 20.576 idAAA Eximbank III Phase II 2016 Series C
Eximbank III Tahap III 2016 Seri C Pefindo - - 5.140 idAAA Eximbank III Phase III 2016 Series C
Obligasi Berkelanjutan II Bank Panin Continuous Bond II Bank Panin
Tahap I 2016 Seri C Pefindo - - 10.453 idAA Phase I 2016 Series C
Tahap III Tahun 2018 Pefindo 46.176 idAA - - Phase III 2018
Tahap IV Tahun 2018 Pefindo 48.170 idAA - - Phase IV 2018
Obligasi Berkelanjutan II Indosat Continuous Bonds II Indosat
Tahap I Tahun 2017 Seri C Pefindo 5.608 idAAA 51.569 idAAA Phase I Year 2017 Series C
Tahap III tahun 2018 Seri B Pefindo 3.886 idAAA - - Phase III Year 2018 Series B
Tahap III tahun 2018 Seri C Pefindo 47.762 idAAA - - Phase III Year 2018 Series C
Obligasi Berkelanjutan II PT PP Continuous Bonds II PT PP
Tahap I Tahun 2018 Seri B Pefindo 45.390 idA+ - - Phase I Year 2018 Series B
Obligasi Berkelanjutan II Bank CIMB Niaga Continuous Bonds II Bank CIMB Niaga
Tahap IV Tahun 2018 Seri C Pefindo 29.823 idAAA - - Phase IV Year 2018 Series C
Obligasi Berkelanjutan II Tower Bersama Continuous Bonds II Tower Bersama
Infrastructure Tahap II Tahun 2017 Pefindo 5.936 idAA- - - Infrastructure Phase II Year 2017
Obligasi Berkelanjutan II Bank BRI Continuous Bonds II Bank BRI
Tahap I 2016 Seri C Pefindo - - 30.878 idAAA Phase I 2016 Series C
Tahap I Seri C Pefindo - - 15.439 idAAA Phase I Series C
Obligasi Berkelanjutan ll Adhi Karya Continuous Bonds II Adhi Karya
Tahap I Tahun 2017 Pefindo - - 52.439 idA- Phase I Year 2017
Obligasi Berkelanjutan lII Waskita Karya Continuous Bonds III Waskita Karya
Tahap I Tahun 2017 Seri B Pefindo 46.404 idA- 65.061 idA- Phase I Year 2017 Series B
Tahap I Tahun 2018 Seri A Pefindo 14.129 idA- - - Phase I Year 2018 Series A
Tahap I Tahun 2018 Seri B Pefindo 32.032 idA- - - Phase I Year 2018 Series B

69

c. Berdasarkan peringkat surat-surat berharga c. By rating of marketable securities (continued)

(lanjutan)
2018 2017
Pemeringkat/ Nilai wajar/ Peringkat/ Nilai wajar/ Peringkat/
Rating agency Fair value Rating Fair value Rating
Obligasi Berkelanjutan III Tower Bersama Continuous Bonds III Tower Bersama
Infrastructure Tahap I Tahun 2018 Pefindo 29.267 idAA- - - Infrastructure Phase I Year 2018
Obligasi Berkelanjutan IV Sarana Multigriya Continuous Bonds IV Sarana Multigriya
Finansial Tahap IV Tahun 2018 Seri B Pefindo 29.952 idAAA - - Financial Phase IV Year 2018 Series B
MTN Trimegah Sekuritas Indonesia MTN Trimegah Sekuritas Indonesia
I Tahun 2018 Pefindo 36.776 idA - - I Year 2018
MTN I Bank Mandiri Taspen Pos 2017 Pefindo - - 56.915 idA+ MTN I Bank Mandiri Taspen Pos 2017
MTN Indah Kiat Pulp & Paper MTN Indah Kiat Pulp & Paper
VI Tahun 2018 Seri A Pefindo 50.265 idA+ - - VI Year 2018 Series A
Sub-total 2.331.034 1.440.238 Sub-total

INDON28 - 119.542 - - - INDON28
INDOIS23 - 112.477 - - - INDOIS23
INDON27N - 109.405 - 111.238 - INDON27N
INDOIS27 - 87.037 - 87.915 - INDOIS27
INDOIS26 - 85.505 - 86.079 - INDOIS26
INDOIS28 - 56.133 - - - INDOIS28
INDOIS25 - 50.902 - 50.795 - INDOIS25
INDON27 - 42.597 - 43.060 - INDON27
INDOIS24 - 28.528 - 28.494 - INDOIS24
INDOIS22N - 28.120 - 27.530 - INDOIS22N
INDOIS22 - 27.193 - 26.737 - INDOIS22
Sub-total 747.439 461.848 Sub-total
Rupiah Rupiah
Sertifikat Bank Indonesia - 285.431 - 847.178 - Sertifikat Bank Indonesia
SPN31012019 - 99.533 - - - SPN31012019
SPN14022019 - 99.301 - - - SPN14022019

INDON28 - - - 175.734 - INDON28
INDON28N - - - 13.518 - INDON28N
Sub-total - 189.252 Sub-total
Total surat-surat berharga 3.562.738 2.938.516 Total marketable securities
d. Berdasarkan tanggal jatuh tempo d. By maturity
2018 2017
Rupiah Rupiah
Kurang dari 1 tahun 589.468 1.076.002 Less than 1 year
1 sampai dengan 5 tahun 1.489.385 654.747 1 up to 5 years
5 sampai dengan 10 tahun 647.066 410.910 5 up to 10 years
Lebih dari 10 tahun 89.380 145.757 More than 10 years
Sub-total 2.815.299 2.287.416 Sub-total

Lebih dari 10 tahun - 189.252 More than 10 years
Total 3.562.738 2.938.516 Total

70

e. Tingkat suku bunga rata-rata per tahun adalah e. The average interest rates per annum are as
2018 2017
Sertifikat Bank Indonesia 6,49% 6,66% Certificates of Bank Indonesia

Obligasi 6,66% 5,02% Bonds
f. Perubahan keuntungan (kerugian) yang belum f. The changes in unrealized gains (losses) on
direalisasi dari perubahan nilai wajar surat-surat changes in fair value of available-for-sale
berharga yang tersedia untuk dijual adalah securities are as follows:
sebagai berikut:
2018 2017
Saldo awal tahun - sebelum Balance at b eginning of year -

pajak penghasilan tangguhan 23.200 (30.885) b efore deferred income tax
Keuntungan (kerugian) yang
belum direalisasi Unrealized gain (loss)
tahun berjalan - neto (174.931) 13.412 during period/year - net
Keuntungan (kerugian) yang
direalisasi atas penjualan Realized gain (loss)
selama tahun berjalan - neto (10.978) 40.673 from sale during year - net
Neto sebelum pajak Net b efore deferred

penghasilan tangguhan (162.709) 23.200 income tax
Pajak penghasilan tangguhan Deferred income tax
(Catatan 37) 40.677 (5.800) (Note 37)
Saldo akhir tahun (122.032) 17.400 Balance at end of year
Manajemen berpendapat bahwa tidak terdapat Management believes that there is no impairment
penurunan nilai atas surat-surat berharga sehingga on marketable securities, therefore no allowance
tidak diperlukan pembentukan cadangan kerugian for impairment losses was provided as of
penurunan nilai pada tanggal 31 Desember 2018 December 31, 2018 and 2017.
dan 2017.
Keuntungan (kerugian) penjualan surat berharga Gains (losses) on sale of available-for-sale and
yang tersedia untuk dijual dan diperdagangkan untuk trading securities for the years ended December 31,
tahun yang berakhir pada tanggal 31 Desember 2018 2018 and 2017 amounted to loss of Rp 16,033 and
dan 2017 masing-masing mengalami kerugian a gain of Rp 44,861, respectively (Note 31).
sebesar Rp 16.033 dan keuntungan sebesar
Rp 44.861 (Catatan 31).
Keuntungan (kerugian) yang belum direalisasi Unrealized gains (losses) on changes in fair value of
atas perubahan nilai wajar surat-surat berharga available-for-sale securities in equity as of
yang tersedia untuk dijual di ekuitas pada tanggal December 31, 2018 and 2017 amounted to
31 Desember 2018 dan 2017 masing-masing a loss of Rp 122,032 and gain of Rp 17,400,
sebesar Rp 122.032 dan Rp 17.400. Keuntungan respectively. Gains on changes in fair value of
atas perubahan nilai wajar surat-surat berharga yang trading securities in 2018 and 2017 amounted
diperdagangkan pada tahun 2018 dan 2017 masing- Rp 4,113 and Rp 5,761, respectively.
masing sebesar Rp 4.113 dan Rp 5.761.

71

9. TAGIHAN DAN LIABILITAS DERIVATIF 9. DERIVATIVE RECEIVABLES AND PAYABLES
Bank melakukan transaksi derivatif berupa kontrak The Bank entered into derivative transactions
berjangka mata uang asing dengan pihak lain yang which include forward contracts with other parties.
memungkinkan Bank atau pihak lain mengurangi This enables the Bank or other parties to reduce the
risiko atas pengaruh fluktuasi kurs mata uang asing. fluctuation risk of foreign currency.
Kontrak berjangka mata uang asing merupakan Foreign currency forward contract is a commitment
komitmen untuk menjual sejumlah mata uang to sell a number of foreign currency to a buyer or to
tertentu kepada pembeli atau untuk membeli buy a number of foreign currency from seller at
sejumlah mata uang tertentu dari penjual pada suatu a certain date in the future at a predetermined price.
tanggal di masa yang akan datang dengan harga
yang telah ditentukan terlebih dahulu.
Berdasarkan pihak dan mata uang: By parties and currency:
2018
Nilai nosional Tagihan Liabilitas
(kontrak)/ derivatif/ derivatif/
Notional amount Derivative Derivative
(contract) receivables payables
Forward mata uang asing Forward foreign currency
(Catatan 41) (Note 41)
Forward - jual Forward - sell
Dolar Amerika Serikat 1.195.005 11.324 640 United States Dollar
2017
Nilai nosional Tagihan Liabilitas
(kontrak)/ derivatif/ derivatif/
Notional amount Derivative Derivative
(contract) receivables payables
Forward mata uang asing Forward foreign currency
Forward - jual Forward - sell
Dolar Amerika Serikat 801.540 789 311 United States Dollar
Forward - beli Forward - b uy
Dolar Amerika Serikat 27.223 - 43 United States Dollar
Spot mata uang asing Spot foreign currency
Spot - jual Spot - sell
Dolar Amerika Serikat 122.051 - 57 United States Dollar
Spot - beli Spot - b uy
Dolar Amerika Serikat 67.816 21 - United States Dollar
Total 810 411 Total
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, foreign
transaksi forward mata uang asing dilakukan currency forward was conducted with PT Bank UOB
dengan PT Bank UOB Buana Tbk, PT Bank Buana Tbk, PT Bank Permata Tbk and PT Maybank
Permata Tbk dan PT Maybank Indonesia Tbk Indonesia Tbk as the counter parties with a period
sebagai counter parties dengan jangka waktu satu of one to two months from the transaction date.
sampai dengan dua bulan sejak tanggal transaksi.
Pada tanggal 31 Desember 2018 dan 2017, kontrak As of December 31, 2018 and 2017, derivative
derivatif tidak ditujukan untuk akuntansi lindung nilai. contracts were not designated for hedge
accounting.

72

10. PINJAMAN YANG DIBERIKAN 10. LOANS
a. Berdasarkan jenis, mata uang dan kolektibilitas a. By type, currency and collectibility
2018
Dalam perhatian
Lancar/ khusus/ Kurang lancar/ Diragukan/ Macet/
Current Special mention Sub-standard Doubtful Loss Total
Rupiah Rupiah
Pihak berelasi (Catatan 40) Related parties (Note 40)
Kredit ekspor impor 73.087 - - - - 73.087 Export import loans
Kredit pemilikan rumah 9.977 - - - - 9.977 Housing loans
Kredit kendaraan bermotor 559 - - - - 559 Vehicle loans
Kredit rekening koran 59.612 - - - - 59.612 Current account loans
Sub-total 143.235 - - - - 143.235 Sub -total

Kredit kendaraan bermotor 688.255 37.724 8.587 5.839 61.167 801.572 Vehicle loans
Kredit investasi 927.680 178.312 830 14.262 5.055 1.126.139 Investment loans
Kredit rekening koran 1.497.109 137.325 8.924 2.733 49.928 1.696.019 Current account loans
Kredit modal kerja 2.364.359 206.268 153 13.703 45.247 2.629.730 Working capital loans
Kredit pemilikan rumah 240.670 8.615 752 8.147 343 258.527 Housing loans
Kredit ekspor impor 1.381.588 42.079 1.944 - 10.915 1.436.526 Export import loans
Lain-lain 573.733 150.827 735 171.636 26.563 923.494 Others
Sub-total 7.673.394 761.150 21.925 216.320 199.218 8.872.007 Sub -total
Sub-total - Rupiah 7.816.629 761.150 21.925 216.320 199.218 9.015.242 Sub -total - Rupiah

Kredit investasi 373.560 - - - - 373.560 Investment loans
Kredit modal kerja 388.905 - - - - 388.905 Working capital loans
Lain-lain - 368.123 - - - 368.123 Others
Sub-total - mata uang asing 875.690 368.123 - - - 1.243.813 Sub -total - foreign curency
Total 8.692.319 1.129.273 21.925 216.320 199.218 10.259.055 Total
Cadangan kerugian Allowance for impairment
penurunan nilai (2.937) (9.708) (2.896) (25.050) (89.347) (129.938) losses
Neto 8.689.382 1.119.565 19.029 191.270 109.871 10.129.117 Net
2017
Dalam perhatian
Rupiah Rupiah
Kredit pemilikan rumah 7.166 - - - - 7.166 Housing loans
Kredit kendaraan bermotor 683 - - - - 683 Vehicle loans
Lain-lain 7 - - - - 7 Others

Kredit kendaraan bermotor 698.794 48.872 2.047 1.585 72.992 824.290 Vehicle loans
Kredit investasi 1.469.339 32.073 - - 18.332 1.519.744 Investment loans
Kredit rekening koran 1.793.488 119.742 - 1.481 54.311 1.969.022 Current account loans
Kredit modal kerja 2.425.669 45.907 452 1.242 33.975 2.507.245 Working capital loans
Kredit pemilikan rumah 244.153 6.285 - 1.016 3.310 254.764 Housing loans
Kredit ekspor impor 1.682.330 12.118 236 - 10.320 1.705.004 Export import loans
Kredit karyawan 27 - - - - 27 Employee loans
Lain-lain 1.063.272 451.455 467 3.786 131.257 1.650.237 Others

Kredit modal kerja 319.399 - - - - 319.399 Working capital loans
Kredit investasi 160.038 - - - - 160.038 Investment loans
Lain-lain 388.915 - - - - 388.915 Others
Sub-total - mata uang asing 990.639 - - - - 990.639 Sub -total - foreign curency
Total 10.415.632 716.452 3.202 9.110 324.497 11.468.893 Total
penurunan nilai (13.814) (12.439) (583) (3.466) (156.730) (187.032) losses
Neto 10.401.818 704.013 2.619 5.644 167.767 11.281.861 Net

73

10. PINJAMAN YANG DIBERIKAN (lanjutan) 10. LOANS (continued)
b. Berdasarkan sektor ekonomi b. By economic sector
2018
Dalam perhatian
Rupiah Rupiah
Perantara keuangan 132.700 - - - - 132.700 Financial agent
Rumah tangga 10.535 - - - - 10.535 Household

Rumah tangga 1.337.385 54.109 10.074 19.353 88.072 1.508.993 Household
Industri pengolahan 1.659.716 60.181 - - 24.480 1.744.377 Processing industry
Perdagangan besar
dan eceran 1.819.183 286.463 11.755 56.834 41.066 2.215.301 Wholesaler and retailer
Perantara keuangan 1.099.050 14.725 - - - 1.113.775 Financial agent
Transportasi, pergudangan Transportation, warehousing
dan komunikasi 497.936 1.613 - - 34.190 533.739 and communications
Konstruksi 414.686 67.129 - 14.531 92 496.438 Construction
Jasa kemasyarakatan, Lifestyle, social cultural,
sosial budaya, hiburan dan entertainment and
perorangan lainnya 35.089 5.767 96 336 502 41.790 other individuals
Jasa kesehatan dan Healthcare services and
kegiatan sosial 9.779 - - - - 9.779 social activities
Penyediaan akomodasi, Supply of accommodation,
makanan dan minuman 294.918 206.052 - 110.998 - 611.968 food and b everages
Real estate, usaha persewaan Real estate, rental and
dan jasa perusahaan 361.870 54.981 - 14.268 10.816 441.935 services
Pertambangan 14.831 - - - - 14.831 Mining
Perikanan 14.956 - - - - 14.956 Fishery
Pertanian, perburuan dan Agrib usiness, hunting and
kehutanan 200 9.620 - - - 9.820 forestry
Jasa pendidikan - 510 - - - 510 Education services
Listrik, Gas dan Air 22.367 - - - - 22.367 Electricity, gas, and water
Kegiatan Yang Belum
Jelas Batasannya 91.428 - - - - 91.428 Other services

Industri pengolahan 531.952 368.123 - - - 900.075 Processing industry
dan jasa perusahaan 103.602 - - - - 103.602 services
Pertanian, perburuan Agriculture, hunting
dan kehutanan 62.017 - - - - 62.017 and forestry
Perdagangan besar
dan eceran 77.459 - - - - 77.459 Wholesaler and retailer
Sub-total - Mata uang asing 875.690 368.123 - - - 1.243.813 Sub -total - Foreign currency
Total 8.692.319 1.129.273 21.925 216.320 199.218 10.259.055 Total

penurunan nilai (2.937) (9.708) (2.896) (25.050) (89.347) (129.938) losses
Neto 8.689.382 1.119.565 19.029 191.270 109.871 10.129.117 Net
Net

74

b. Berdasarkan sektor ekonomi (lanjutan) b. By economic sector (continued)
2017
Dalam perhatian
Rupiah Rupiah
Rumah tangga 7.856 - - - - 7.856 Household

Rumah tangga 1.383.010 72.716 2.514 6.386 89.782 1.554.408 Household
Industri pengolahan 1.822.322 273.711 - - 11.638 2.107.671 Processing industry
Perdagangan besar
dan eceran 2.293.214 309.838 485 2.393 56.057 2.661.987 Wholesaler and retailer
Perantara keuangan 1.300.232 9.978 - - 121.946 1.432.156 Financial agent
dan komunikasi 757.377 - - - 19.967 777.344 and communications
Konstruksi 383.767 - - - 1.235 385.002 Construction
Jasa kemasyarakatan, Lifestyle, social cultural,
sosial budaya, hiburan dan entertainment and
perorangan lainnya 50.803 7.587 203 331 2.203 61.127 other individuals
Jasa kesehatan dan Healthcare services and
kegiatan sosial 35.359 17 - - 121 35.497 social activities
makanan dan minuman 979.115 - - - - 979.115 food and b everages
dan jasa perusahaan 281.898 42.605 - - 21.548 346.051 services
Perikanan 14.887 - - - - 14.887 Fishery
Pertanian, perburuan dan Agrib usiness, hunting and
kehutanan 9.071 - - - - 9.071 forestry
Jasa perorangan yang Individual services to
melayani rumah tangga 42 - - - - 42 household
Jasa pendidikan 607 - - - - 607 Education services

Industri pengolahan 831.333 - - - - 831.333 Processing industry
Perdagangan besar
dan eceran 65.408 - - - - 65.408 Wholesaler and retailer
Sub-total - Mata uang asing 990.639 - - - - 990.639 Sub -total - Foreign currency
Total 10.415.632 716.452 3.202 9.110 324.497 11.468.893 Total

penurunan nilai (13.814) (12.439) (583) (3.466) (156.730) (187.032) losses
Neto 10.401.818 704.013 2.619 5.644 167.767 11.281.861 Net
Net

75

c. Berdasarkan periode pinjaman dan sisa umur c. By loan period and maturity
jatuh tempo
Golongan jangka waktu pinjaman yang diberikan The classification of loans is based on loan
berdasarkan periode pinjaman sebagaimana period as stated in the loan agreements and the
yang tercantum dalam perjanjian pinjaman dan remaining period until maturity were as follows:
waktu yang tersisa sampai dengan saat jatuh
temponya adalah sebagai berikut:
2018 2017
Berdasarkan Berdasarkan
Berdasarkan sisa umur Berdasarkan sisa umur
periode jatuh tempo/ periode jatuh tempo/
perjanjian Based on perjanjian Based on
pinjaman/ remaining pinjaman/ remaining
Based on period until Based on period until
loan period maturity loan period maturity
Rupiah Rupiah
Kurang dari 1 tahun 3.719.156 3.502.542 4.335.945 5.015.203 Less than 1 year
1 sampai dengan 2 tahun 1.004.440 1.576.977 493.099 813.624 1 up to 2 years
2 sampai dengan 5 tahun 2.260.216 2.435.092 2.445.982 2.531.238 2 up to 5 years
Lebih dari 5 tahun 2.031.430 1.500.631 3.203.228 2.118.189 More than 5 years
Sub-total 9.015.242 9.015.242 10.478.254 10.478.254 Sub -total

Kurang dari 1 tahun 421.838 391.501 391.190 391.190 Less than 1 year
1 sampai dengan 2 tahun 187.900 228.912 11.138 25.863 1 up to 2 years
2 sampai dengan 5 tahun 215.514 531.780 152.343 561.662 2 up to 5 years
Lebih dari 5 tahun 418.561 91.620 435.968 11.924 More than 5 years
Sub-total 1.243.813 1.243.813 990.639 990.639 Sub -total
Total 10.259.055 10.259.055 11.468.893 11.468.893 Total
d. Berdasarkan kolektibilitas d. Based on collectibility
2018
Dalam
Lancar/ perhatian khusus/ Kurang lancar/ Diragukan/ Macet/
Rupiah Rupiah
Pihak berelasi Related parties
(Catatan 40) 143.235 - - - - 143.235 (Note 40)
Pihak ketiga 7.673.394 761.150 21.925 216.320 199.218 8.872.007 Third parties

Pihak ketiga 875.690 368.123 - - - 1.243.813 Third parties
Total 8.692.319 1.129.273 21.925 216.320 199.218 10.259.055 Total
Cadangan kerugian Allowance for

penurunan nilai (2.937) (9.708) (2.896) (25.050) (89.347) (129.938) impairment losses
Neto 8.689.382 1.119.565 19.029 191.270 109.871 10.129.117 Net

76

d. Berdasarkan kolektibilitas (lanjutan) d. Based on collectibility (continued)
2017
Dalam
Lancar/ perhatian khusus/ Kurang lancar/ Diragukan/ Macet/
Rupiah Rupiah
Pihak berelasi Related parties
(Catatan 40) 47.921 - - - - 47.921 (Note 40)
Pihak ketiga 9.377.072 716.452 3.202 9.110 324.497 10.430.333 Third parties

Pihak ketiga 990.639 - - - - 990.639 Third parties
Total 10.415.632 716.452 3.202 9.110 324.497 11.468.893 Total
penurunan nilai (13.814) (12.439) (583) (3.466) (156.730) (187.032) impairment losses
Neto 10.401.818 704.013 2.619 5.644 167.767 11.281.861 Net
e. Cadangan kerugian penurunan nilai e. Allowance for impairment losses
Perubahan cadangan kerugian penurunan nilai The changes in allowance for impairment
untuk pinjaman yang diberikan untuk kelompok losses of loans to individual and collective
individual dan kolektif adalah sebagai berikut: groups are as follows:
2018 2017
Individual/ Kolektif/ Individual/ Kolektif/
Individual Collective Individual Collective
Rupiah Rupiah
Saldo awal tahun 81.429 103.224 502.099 33.633 Balance at b eginning of the year
Penyisihan (pemulihan) Provision (reversal) during
tahun berjalan (Catatan 33) 105.397 (36.695) 3.704 82.902 the year (Note 33)
Penghapusbukuan pinjaman (6.805) - (334.824) (13.311) Written-off loans
Penghapusan kredit bermsalah (100.436) - - - Written-off non-performing loans
Pemulihan yang timbul dari Reversal arising from
unwinding interest (17.638) - (89.550) - unwinding interest
Saldo akhir tahun 61.947 66.529 81.429 103.224 Balance at end of year

Saldo awal tahun 2.007 372 2.551 526 Balance at b eginning of the year
Penyisihan (pemulihan) Provision (reversal) during
tahun berjalan (Catatan 33) 5.881 (83) 8.108 (154) the year (Note 33)
Selisih perbedaan kurs (6.715) - (8.652) - Exchange rate differences
Saldo akhir tahun 1.173 289 2.007 372 Balance at end of year
Total 63.120 66.818 83.436 103.596 Total
Manajemen berpendapat bahwa cadangan Management believes that allowance for

kerugian penurunan nilai pinjaman yang dibentuk impairment losses on loans provided is adequate
adalah cukup untuk menutup kerugian yang to cover impairment losses might arise from
mungkin timbul akibat tidak tertagihnya uncollectible loans.
pinjaman.

77

f. Perubahan pinjaman yang dihapusbukukan f. The changes in the balance of loans that have
adalah sebagai berikut: been written-off are as follows:
2018 2017
Balance at b eginning of
Saldo awal tahun 422.907 181.759 the year
Penghapusbukuan pinjaman yang Written-off loans during
diberikan tahun berjalan 6.805 348.135 the year
Penerimaan kembali pinjaman Recoveries from
yang telah dihapusbukukan (302.478) (106.952) written-off loans
Hapus tagih pinjaman yang diberikan Claims written-off
tahun berjalan (6.521) (637) during the year
Selisih perbedaan kurs 584 602 Exchange rate differences
Saldo akhir tahun 121.297 422.907 Balance at end of year
g. Tingkat suku bunga rata-rata per tahun g. The average interest rates per annum
2018 2017

Mata uang asing 6,01% 5,14% Foreign currency
h. Informasi penting lainnya h. Other important information
1. Jumlah pinjaman yang telah direstrukturisasi 1. Total restructured loans as of

pada tanggal 31 Desember 2018 dan December 31, 2018 and 2017 amounted to
2017 masing-masing adalah sebesar Rp 262,613 and Rp 991,523, respectively.
Rp 262.613 dan Rp 991.523. Restrukturisasi Loan restructuring represents recovery
pinjaman adalah upaya perbaikan yang efforts made by the Bank to the debtors, who
dilakukan Bank dalam kegiatan perkreditan have financial difficulty to pay its obligation,
terhadap debitur yang mengalami kesulitan among others, by reducing the interest rate,
untuk memenuhi kewajibannya, yang antara rescheduling term of payment, reducing
lain berupa penurunan suku bunga pinjaman, overdue interest payments and writing-off
perpanjangan jangka waktu pinjaman, the principal payment.
pengurangan tunggakan bunga pinjaman dan
pengurangan pembayaran pokok pinjaman.
2. Jaminan pemberian pinjaman pada umumnya 2. Collateral of loans is generally in the form of
berupa harta berwujud (tanah, bangunan, tangible assets (land, buildings, machinery,
mesin, peralatan, kendaraan, tagihan piutang, equipment, vehicles, receivables collections,
persediaan, giro, deposito berjangka, inventories, demand deposits, time deposits,
personal guarantee dan corporate personal guarantee and corporate
guarantee). Jumlah deposito berjangka yang guarantee). Total time deposits pledged as
dijadikan sebagai jaminan tunai untuk cash collateral for loans granted as of
pinjaman yang diberikan pada tanggal December 31, 2018 and 2017 amounted to
31 Desember 2018 dan 2017 masing-masing Rp 302,085 and Rp 240,381, respectively
adalah sebesar Rp 302.085 dan Rp 240.381 (Note 19c and 20a). Demand deposits which
(Catatan 19c dan 20a). Jumlah giro yang are pledged as collateral on loans as of
dijadikan sebagai jaminan tunai untuk December 31, 2018 and 2017 amounted to
pinjaman yang diberikan pada tanggal Rp 5,456 and Rp 6,000, respectively
31 Desember 2018 dan 2017 masing-masing (Note 19a).
adalah sebesar Rp 5.456 dan
Rp 6.000 (Catatan 19a).

78

h. Informasi penting lainnya (lanjutan) h. Other important information (continued)
3. Rasio pinjaman bermasalah (Non-Performing 3. Non-Performing Loans (NPL) ratios as of

Loans (NPL)) pada tanggal 31 Desember December 31, 2018 were 4.26% (gross) and
2018 adalah sebesar 4,26% (gross) dan 3.12% (net) and as of December 31, 2017
3,12% (net) dan pada tanggal 31 Desember were 2.94% (gross) and 1.53% (net).
2017 adalah sebesar 2,94% (gross) dan
1,53% (net).
4. Rasio pinjaman bermasalah terhadap aset 4. Ratio of Non-Performing Loans to

produktif pada tanggal 31 Desember 2018 productive assets as of December 31, 2018
dan 2017 masing-masing adalah sebesar and 2017 were 2.97% and 2.20%
2,97% dan 2,20%. respectively.
5. Rasio pinjaman usaha kecil terhadap 5. Ratio of small and micro business loans to
pinjaman yang diberikan masing-masing total loans were 0.65% and 0.50% as of
adalah sebesar 0,65% dan 0,50% pada December 31, 2018 and 2017, respectively.
tanggal 31 Desember 2018 dan 2017.
6. Pada tanggal 31 Desember 2018 dan 6. As of December 31, 2018 and 2017, the
2017, Bank memiliki masing-masing 1 (satu) Bank had 1 (one) debtor which exceeded
debitur yang telah melampaui Batas the Legal Lending Limit (BMPK),
Maksimum Pemberian Kredit (BMPK). respectively.
7. Pada tanggal 31 Desember 2018, Bank 7. As of December 31, 2018, the Bank has
melakukan hapus buku serta hapus tagih written-off loans and there is no any
untuk 359 (tiga ratus lima puluh sembilan) collection effort for 359 (three hundred fifty
debitur dengan jumlah Rp 6.521. Pada nine) debtors totalling Rp 6,521. As of
tanggal 31 Desember 2018 dan 2017, Bank December 31, 2018 and 2017, the Bank has
melakukan hapus buku tetapi tidak hapus written-off loans however, the collection
tagih untuk 1 (satu) dan 2.373 (dua ribu tiga effort is still on going for 1 (one) and 2,373
ratus tujuh puluh tiga) debitur dengan jumlah (two thousand three hundred seventy three)
keseluruhan sebesar Rp 284 dan debtors totalling Rp 284 and Rp 348,135.
Rp 348.135. Hapus buku pinjaman tersebut The loans written-off have been approved
telah mendapatkan persetujuan dari by the Bank’s management.
manajemen Bank.
8. Pada tanggal 28 September 2018, Bank 8. On September 28, 2018 the Bank has sold
melakukan penjualan Non-Performing Loans Non-Performing Loans (NPL) amounting to
(NPL) sejumlah Rp 161.720 kepada pihak Rp 161,720 to related party. The sale was
berelasi. Penjualan tersebut terlah approved by the Bank’s management.
mendapatkan persetujuan dari manajemen
Bank.

79

11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCE RECEIVABLES AND PAYABLES
a. Berdasarkan pihak dan mata uang a. By party and currency

2018 2017
Tagihan Liabilitas Tagihan Liabilitas
akseptasi/ akseptasi/ akseptasi/ akseptasi/
Acceptance Acceptance Acceptance Acceptance
receivables payables receivables payables
Rupiah Rupiah
Nasabah 16.546 - 18.569 - Deb tors
Bank lain - 16.546 - 1.737 Other b anks
Sub-total 16.546 16.546 18.569 1.737 Sub -total

Nasabah 632.585 - 598.372 - Deb tors
Bank lain - - - 3.871 Other b anks
Sub-total 632.585 - 598.372 3.871 Sub -total
Total 649.131 16.546 616.941 5.608 Total
penurunan nilai (546.943) - (516.040) - impairment losses
Neto 102.188 16.546 100.901 5.608 Net
b. Berdasarkan jatuh tempo b. By maturity
2018 2017
Tagihan Liabilitas Tagihan Liabilitas
akseptasi/ akseptasi/ akseptasi/ akseptasi/
Acceptance Acceptance Acceptance Acceptance
receivables payables receivables payables
Telah jatuh tempo 612.372 - 577.772 - Overdue
Belum jatuh tempo: Not yet due:
Kurang dari 1 bulan 13.810 4.222 13.180 4.609 Less than 1 month
1 sampai dengan
3 bulan 22.949 12.324 15.891 - 1 up to 3 months
3 sampai dengan
6 bulan - - 10.098 999 3 up to 6 months
Total 649.131 16.546 616.941 5.608 Total
c. Berdasarkan kolektibilitas c. By collectibility
2018 2017
Lancar 36.759 39.169 Current

Macet 612.372 577.772 Loss
Total 649.131 616.941 Total

penurunan nilai (546.943) (516.040) losses
Net
Neto 102.188 100.901

80

d. Berdasarkan debitur d. By debtors
2018 2017 2018 2017

USD USD Rp Rp
Rupiah Rupiah
PT Intipelangi Drumasindo 15.915 - PT Intipelangi Drumasindo
PT Wirasw asta Gemilang Indonesia 631 1.737 PT Wiraswasta Gemilang Indonesia
PT Daya Manunggal - 16.832 PT Daya Manunggal

PT Damar Kristal Mas 21.499.994 21.499.994 309.170 291.702 PT Damar Kristal Mas
PT Dw iputra Mandiri Perkasa 9.999.990 9.999.990 143.800 135.675 PT Dwiputra Mandiri Perkasa
PT Sakti Persada Raya 6.999.999 6.999.999 100.660 94.972 PT Sakti Persada Raya
PT Petrobas Indonesia 4.084.993 4.084.993 58.742 55.423 PT Petrobas Indonesia
PT Liebra Permana 1.405.674 859.151 20.213 11.657 PT Liebra Permana
PT Daya Manunggal - 447.556 - 6.072 PT Daya Manunggal
PT Adyaw insa Telecommunication - 126.257 - 1.713 PT Adyawinsa Telecommunication
PT Wirasw asta Gemilang Indonesia - 85.371 - 1.158 PT Wiraswasta Gemilang Indonesia
Sub-total 43.990.650 44.103.311 632.585 598.372 Sub-total
Total 649.131 616.941 Total

penurunan nilai (546.943) (516.040) impairment losses
Neto 102.188 100.901 Net
e. Berikut adalah informasi terkait tagihan e. The following are information concerning the
akseptasi bermasalah: non-performing acceptance receivables:
(i) Bank memiliki tagihan L/C kepada (i) The Bank has L/C receivable from
PT Damar Kristal Mas sebesar PT Damar Kristal Mas amounting to
USD 21.499.994. Bank telah mengirimkan USD 21,499,994. The Bank has sent
surat No. 035/Century/TPA/III/09 tanggal a letter No. 035/Century/TPA/III/09 dated
4 Maret 2009 mengenai pemberitahuan March 4, 2009 regarding the notification that
kewajiban utang L/C yang harus segera the L/C payable must be settled
dilunasi oleh debitur sesuai dengan by the debtor in accordance with
Perjanjian Pemberian Fasilitas L/C Usance the Usance Import L/C Facility Agreement.
Import tersebut di atas. Sampai dengan As of the issuance date of the financial
tanggal penerbitan laporan keuangan, statements, there is no settlement yet for
belum ada penyelesaian atas tagihan this L/C receivable. The L/C receivable has
L/C tersebut. Terdapat jaminan a deposit collateral of USD 2,150,000 and
deposito sebesar USD 2.150.000 dan Bank the Bank has made an allowance for
telah membentuk cadangan sebesar the uncollateralized portion amounting
USD 19.349.994 pada tanggal to USD 19,349,994 as of December 31,
31 Desember 2018 dan 2017. 2018 and 2017, respectively.

81

e. Berikut adalah informasi terkait tagihan e. The following are information concerning the
akseptasi bermasalah: (lanjutan) non-performing acceptance receivables:
(continued)
(ii) Bank memiliki tagihan L/C kepada (ii) The Bank has L/C receivable from
PT Dwiputra Mandiri Perkasa sebesar PT Dwiputra Mandiri Perkasa amounting to
USD 9.999.990. Bank telah mengirimkan USD 9,999,990. The Bank has sent
surat No. 037/Century/TPA/III/09 tanggal a letter No. 037/Century/TPA/III/09 dated
4 Maret 2009 mengenai pemberitahuan March 4, 2009 regarding the notification that
kewajiban utang L/C yang harus segera L/C payable must be settled by the debtor in
dilunasi oleh debitur sesuai dengan accordance with the Usance Import L/C
Perjanjian Pemberian Fasilitas L/C Usance Facility Agreement. As of the issuance date
Import tersebut di atas. Sampai dengan of the financial statements, there is
tanggal penerbitan laporan keuangan, no settlement yet of this L/C receivable.
belum ada penyelesaian atas The L/C receivable has a deposit collateral
tagihan L/C tersebut. Terdapat jaminan of USD 1,000,000 and the Bank has made
deposito sebesar USD 1.000.000 dan an allowance for the uncollateralized portion
Bank telah membentuk cadangan amounting to USD 8,999,990 as of
sebesar USD 8.999.990 pada tanggal December 31, 2018 and 2017, respectively.
31 Desember 2018 dan 2017.
(iii) Bank memiliki tagihan L/C kepada PT Sakti (iii) The Bank has L/C receivable from
Persada Raya sebesar USD 6.999.999. PT Sakti Persada Raya amounting to
Bank telah mengirimkan surat USD 6,999,999. The Bank has sent a letter
No.036/Century/TPA/III/09 tanggal 4 Maret No.036/Century/TPA/III/09 dated March 4,
2009 mengenai pemberitahuan kewajiban 2009 regarding the notification that the L/C
utang L/C yang harus segera dilunasi oleh payable must be settled by the debtor in
debitur sesuai dengan Perjanjian accordance with the Usance Import L/C
Pemberian Fasilitas L/C Usance Import Facility Agreement. As of the issuance date
tersebut di atas. Sampai dengan tanggal of the financial statements, there is no
penerbitan laporan keuangan, belum ada settlement yet of this L/C receivable.
penyelesaian atas tagihan L/C tersebut. The L/C receivable has a collateral deposit
Terdapat jaminan deposito sebesar of USD 1,400,000 and the Bank has made
USD 1.400.000 dan Bank telah membentuk an allowance for the uncollateralized portion
cadangan masing-masing sebesar amounting to USD 5,599,999 as of
USD 5.599.999 pada tanggal 31 Desember December 31, 2018 and 2017, respectively.
2018 dan 2017.
(iv) Bank memiliki tagihan L/C kepada (iv) The Bank has L/C receivable from
PT Petrobas Indonesia sebesar PT Petrobas Indonesia amounting to
USD 4.300.000. Pada tahun 2008, USD 4,300,000. In 2008, PT Petrobas
PT Petrobas Indonesia berencana untuk Indonesia planned to settle its obligations by
menyelesaikan kewajibannya dengan restructuring and then by converting the loan
cara restrukturisasi dan kemudian into an installment loan by providing fixed
dikonversi menjadi pinjaman angsuran asset collateral (land) from a third party as a
dengan menyerahkan agunan aset tetap guarantor, but as of the issuance date of the
dalam bentuk tanah dari pihak ketiga financial statements, the restructuring has
sebagai penjamin, tetapi sampai dengan not been executed and there is a partial
tanggal penerbitan laporan keuangan, payment of the bills amounting to
restrukturisasi tersebut belum terlaksana USD 215,007. As of December 31, 2018 and
dan terdapat pembayaran atas sebagian 2017, the remaining balance of L/C
tagihan tersebut sebesar USD 215.007. receivable from PT Petrobas Indonesia
Pada tanggal 31 Desember 2018 dan amounted to USD 4,084,993, respectively.
2017, sisa saldo tagihan L/C kepada The Bank has made full allowance of
PT Petrobas Indonesia masing-masing USD 4,084,993.
adalah sebesar USD 4.084.993. Bank telah
membentuk cadangan penuh sebesar
USD 4.084.993.

82

f. Perubahan cadangan kerugian penurunan nilai f. The changes in the allowance for impairment
adalah sebagai berikut: losses are as follows:
2018 2017
Saldo awal tahun 516.040 512.426 Balance at b eginning of the year

Selisih perbedaan kurs 30.903 3.614 Exchange rate differences
Saldo akhir tahun 546.943 516.040 Balance at end of the year
Manajemen berpendapat bahwa cadangan Management believes that the allowance for
kerugian penurunan nilai untuk tagihan impairment losses on acceptance receivables is
akseptasi yang telah dibentuk adalah cukup adequate to cover impairment losses that might
untuk menutup kerugian yang mungkin timbul arise from uncollectible acceptance receivables.
akibat tidak tertagihnya tagihan akseptasi.
g. Liabilitas akseptasi berdasarkan nama bank g. Acceptance payables based on bank’s name
2018 2017 2018 2017

USD USD Rp Rp
Rupiah Rupiah
PT Bank Maybank Indonesia Tbk 15.915 - PT Bank Mayb ank Indonesia Tb k
PT Bank Central Asia Tbk 631 560 PT Bank Central Asia Tb k
PT Bank Commonwealth - 1.177 PT Bank Commonwealth

United Overseas Bank Limited - 126.257 - 1.714 United Overseas Bank Limited
Citibank, N.A - 85.371 - 1.158 Citib ank, N.A
Industrial Comm, CN - 73.660 - 999 Industrial Comm, CN
Sub-total - 285.288 - 3.871 Sub -total
Total 16.546 5.608 Total
12. PENDAPATAN BUNGA YANG MASIH AKAN 12. ACCRUED INTEREST INCOME
DITERIMA
2018 2017
Pinjaman yang diberikan 73.177 82.242 Loans

Surat-surat berharga 29.815 17.346 Marketab le securities
Total 102.992 99.588 Total
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, accrued
termasuk dalam pendapatan bunga yang masih interest income included interest income in foreign
akan diterima adalah pendapatan bunga dalam currency amounting to Rp 13,097 and Rp 7,536,
mata uang asing masing-masing sebesar Rp 13.097 respectively (Note 41).
dan Rp 7.536 (Catatan 41).

83

13. BIAYA DIBAYAR DI MUKA DAN UANG MUKA 13. PREPAID EXPENSES AND ADVANCES
Biaya dibayar di muka dan uang muka tersebut Prepaid expenses and advances included:
meliputi:
2018 2017
Asuransi kredit dibayar dimuka 1.173.351 - Prepaid credit insurance
Sewa gedung 122.398 132.725 Office rental
Lain-lain 36.740 34.410 Others
Total 1.332.489 167.135 Total
Asuransi kredit dibayar dimuka Prepaid credit insurance
Asuransi kredit sebesar Rp 1.173.351 kepada Credit insurance amounting Rp 1,173,351 to

PT Asuransi Sinar Mas Tbk (ASM) untuk manfaat PT Asuransi Sinar Mas Tbk (ASM) for a six-year
enam tahun kedepan. Amortisasi dimulai pada pause. Amortization begin on subsequent period on
periode berikutnya berdasarkan garis lurus. a straight line basis.
Manajemen berkeyakinan bahwa seluruh proses Management believes that the entire credit insurance
asuransi kredit yang dilakukan telah sesuai dengan process carried out is in accordance with statutory
ketentuan perundang-undangan dan ketentuan provisions and other provisions. All insurance
lainnya. Segala proses asuransi tersebut telah processes have been approved by Management and
disetujui oleh Manajemen dan Pemegang Saham Major Shareholders based on the date letter
Utama berdasarkan Surat tanggal 31 Desember December 31, 2018, the Bank is given the mandate
2018, Bank diberikan mandat untuk to administer collateral that has been processed by
mengadministrasikan agunan yang telah diproses PT Asuransi Sinarmas (ASM).
klaimnya oleh PT Asuransi Sinarmas (ASM).
Sewa gedung Office rental
Sewa gedung dibayar dimuka sebesar Rp 122.398 Office rentals amounting Rp 122,398 and
dan Rp 132.725 masing-masing untuk tanggal Rp 132,725 as of December 31, 2018 and 2017,
31 Desember 2018 dan 2017. Terutama merupakan respectively. Mainly consist rented buildings for
sewa gedung untuk kantor di Sahid Sudirman offices in Sahid Sudirman Center, Central Jakarta.
Center, Jakarta Pusat.
14. ASET TETAP 14. FIXED ASSETS
2018
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
balance Additions Deductions balance
Nilai revaluasi Revaluation value
Hak atas tanah 165.430 - 30.282 135.148 Land rights
Bangunan 38.314 - 11.054 27.260 Buildings
Inventaris kantor 39.688 21.408 1.621 59.475 Office equipment
Kendaraan 706 44 489 261 Vehicles
Total nilai revaluasi 244.138 21.452 43.446 222.144 Total revaluation value
Akumulasi penyusutan Accumulated depreciation

Bangunan 3.819 1.613 1.911 3.521 Buildings
Kendaraan 623 39 488 174 Vehicles
Total akumulasi Total accumulated
penyusutan 20.654 11.061 3.650 28.065 depreciation
Nilai buku neto 223.484 194.079 Net book value

84

14. ASET TETAP (lanjutan) 14. FIXED ASSETS (continued)
2017
Nilai revaluasi Revaluation value

Hak atas tanah 170.835 - 5.405 165.430 Land rights
Bangunan 38.899 - 585 38.314 Buildings
Kendaraan 2.274 57 1.625 706 Vehicles
Total nilai revaluasi 241.668 16.094 13.624 244.138 Total revaluation value
Akumulasi penyusutan Accumulated depreciation

Bangunan 1.904 1.961 46 3.819 Buildings
Kendaraan 2.162 48 1.587 623 Vehicles

penyusutan 21.623 6.657 7.626 20.654 depreciation
Perubahan surplus revaluasi aset tetap adalah The changes in revaluation surplus of fixed assets
2018 2017
Saldo awal tahun 143.097 147.095 Balance at b eginning of year

Dipindahkan ke defisit (18.135) (3.998) Transferred to deficit
Jika aset tetap dicatat sebesar biaya perolehan, nilai If fixed assets were stated using historical cost
buku neto aset tetap adalah sebagai berikut: basis, the net book value of fixed assets would be
as follows:
2018 2017
Hak atas tanah 19.542 26.701 Land rights
Bangunan 15.793 18.378 Buildings
Inventaris kantor 34.675 23.682 Office equipment
Kendaraan 85 81 Vehicles
Penyusutan yang dibebankan pada beban umum Depreciation charged to general and administrative
dan administrasi pada tahun 2018 dan 2017 masing- expenses in 2018 and 2017 amounted to Rp 11,061
masing adalah sebesar Rp 11.061 dan Rp 6.657 and Rp 6,657 respectively (Note 34).
(Catatan 34).

85

14. ASET TETAP (lanjutan) 14. FIXED ASSETS (continued)
Rincian laba penjualan aset tetap adalah sebagai The details of gain on sale of fixed assets are as
berikut: follows:
2018 2017
Hasil penjualan 25.585 7.110 Proceeds from sale

Nilai buku neto 23.406 5.984 Net b ook value
Laba penjualan aset tetap Gain on sale of

(Catatan 35 dan 36) 2.179 1.126 fixed assets (Notes 35 and 36)
Rincian penghapusan aset tetap adalah sebagai The details of disposal of fixed assets are as follows:
berikut:
2018 2017
Nilai tercatat 19.153 6.760 Carrying value

Akumulasi penyusutan (2.763) (6.746) Accumulated depreciation
Rugi penghapusan aset tetap Loss on disposal of

(Catatan 35 dan 36) (16.390) (14) fixed assets (Notes 35 and 36)
Aset tetap Bank telah diasuransikan dengan Fixed assets of the Bank have been insured with
property all risk insurance dan earthquake insurance property all risk insurance and earthquake insurance
pada PT Asuransi Buana Independent (pihak ketiga) with PT Asuransi Buana Independent (third party)
dengan nilai pertanggungan sebesar Rp 179.000 for a total coverage amount of Rp 179,000 as of
pada tanggal 31 Desember 2018 dan 2017 December 31, 2018 and 2017 and vehicle insurance
dan asuransi kendaraan bermotor dengan with a total coverage amount of Rp 1,211 as of
nilai pertanggungan Rp 1.211 pada tanggal December 31, 2018 and 2017.
31 Desember 2018 dan 2017.
Bank memiliki beberapa bidang tanah yang terletak The Bank owned several parcels of land in Jakarta,
di Jakarta, Medan, Palembang, Pangkal Pinang, Medan, Palembang, Pangkal Pinang, Sungai Liat,
Sungai Liat, Solo, Surabaya dan Makassar dengan Solo, Surabaya and Makassar with Building Usage
hak kepemilikan berupa Hak Guna Bangunan Rights (Hak Guna Bangunan or “HGB”) which will
(HGB) yang akan jatuh tempo pada berbagai expire on various dates up to 2038. Management
tanggal sampai dengan tahun 2038. Manajemen believes that there will be no difficulty in the
berpendapat bahwa tidak terdapat masalah dengan extension of the land rights since all of the land were
perpanjangan hak atas tanah karena seluruh tanah acquired legally and supported by sufficient
diperoleh secara sah dan didukung dengan bukti evidence of ownership.
kepemilikan yang memadai.
Pada tanggal 31 Desember 2018 dan 2017, tidak As of December 31, 2018 and 2017, there are no
ada aset tetap yang dijadikan sebagai jaminan. fixed assets pledged as collateral.
Pada tanggal 31 Desember 2018 dan 2017, tidak As of December 31, 2018 and 2017, there are no
ada aset tetap yang dipakai sementara atau fixed assets used temporarily or terminated from
dihentikan dari penggunaan aktif dan tidak active use and not classified as held-for-sale.
diklasifikasikan sebagai tersedia untuk dijual.
Pada tanggal 31 Desember 2018 dan 2017, Bank As of December 31, 2018 and 2017,
melakukan peninjauan kembali atas masa manfaat, the Bank undertake a review of useful lives,
metode penyusutan dan nilai residu aset tetap dan depreciation method and residual values of fixed
menyimpulkan bahwa tidak terdapat perubahan atas assets and concluded that there was no change in
metode dan asumsi tersebut. the methods and assumptions.
Berdasarkan penelaahan manajemen Bank, Based on the Bank’s management assessment,
tidak terdapat kejadian atau perubahan keadaan there were no events or changes in circumstances
yang mengindikasikan adanya penurunan nilai that indicate an impairment of fixed assets as of
aset tetap pada tanggal 31 Desember 2018 December 31, 2018 and 2017.
dan 2017.
86

15. ASET TAKBERWUJUD 15. INTANGIBLE ASSETS
2018
Beginning Penambahan/ Ending
balance Additions balance
Harga perolehan Acquisition cost

Perangkat lunak 88.106 52.943 141.049 Software
Lisensi 39.555 14.397 53.952 License
Total harga perolehan 127.661 67.340 195.001 Total acquisition cost
Akumulasi amortisasi Accumulated amortization

Lisensi 25.703 4.800 30.503 License
amortisasi 100.461 11.861 112.322 amortization
2017
Beginning Penambahan/ Ending
balance Additions balance
Lisensi 39.555 - 39.555 License
Total harga perolehan 123.340 4.321 127.661 Total acquisition cost
Akumulasi amortisasi Accumulated amortization

Lisensi 21.816 3.887 25.703 License
amortisasi 93.726 6.735 100.461 amortization
Amortisasi yang dibebankan pada beban umum dan Amortization charged to general and administrative
administrasi pada tahun 2018 dan 2017 masing- expenses in 2018 and 2017 amounted to Rp 11,861
masing adalah sebesar Rp 11.861 dan Rp 6.735 and Rp 6,735, respectively (Note 34).
(Catatan 34).
Berdasarkan penelaahan manajemen Bank, tidak Based on the Bank’s management assessment,
terdapat kejadian atau perubahan keadaan there were no events or changes in circumstances
yang mengindikasikan adanya penurunan nilai that indicate an impairment of intangible assets as
aset takberwujud pada tanggal 31 Desember 2018 of December 31, 2018 and 2017.
dan 2017.

87

16. AGUNAN YANG DIAMBIL ALIH 16. FORECLOSED ASSETS
2018
Tanah 37.481 - - 37.481 Land
Tanah dan bangunan 313.892 86.292 - 400.184 Land and b uildings
Total 351.373 86.292 - 437.665 Total
penurunan nilai 120.006 80.006 - 200.012 losses
2017
Tanah 48.995 - 11.514 37.481 Land
Tanah dan bangunan 455.079 72.838 214.025 313.892 Land and b uildings
Total 504.074 72.838 225.539 351.373 Total
penurunan nilai 104.870 23.344 8.208 120.006 losses
Pada tahun 2018 dan 2017, Bank mengakui In 2018 and 2017, the Bank has recognized loss on
kerugian atas penjualan agunan yang diambil alih sale of foreclosed assets amounting to nil and
masing-masing sebesar nihil dan Rp 1.241 Rp 1,241, respectively (Note 36).
(Catatan 36).
Perubahan cadangan kerugian penurunan nilai The changes in the allowance for impairment losses
adalah sebagai berikut: are as follows:
2018 2017

Penyisihan selama tahun berjalan - neto Provision during the year - net
(Catatan 33) 80.006 23.344 (Note 33)
Penjualan agunan yang diambil alih - (8.208) Sale of foreclosed assets
Manajemen berpendapat bahwa pembentukan Management believes that allowance for

cadangan kerugian penurunan nilai atas agunan impairment losses on foreclosed assets is
yang diambil alih telah cukup untuk menutupi adequate to cover any possible losses.
kerugian yang mungkin timbul.

88

17. ASET LAIN-LAIN 17. OTHER ASSETS
2018 2017
Tagihan kepada Weston Capital Receivab le from Weston Capital

Advisor Inc. (Catatan 50) 47.780 45.080 Advisors Inc. (Note 50)
Renovasi dibayar di muka 35.144 15.635 Prepaid renovation
Piutang bunga lain-lain 15.297 14.672 Other interest receivab les
Receivab les from transactions
Piutang terkait transaksi ATM 8.554 8.607 related to ATM
Pengembangan sistem dan System and information
Informasi 6.957 58.106 development
Setoran jaminan 6.702 6.716 Security deposits
Tagihan kepada J Trust Co., Ltd. 2.222 - Receivab le from J Trust Co., Ltd.
Lain-Lain 24.568 48.427 Miscellaneous
Total 147.224 197.243 Total
Cadangan kerugian
penurunan nilai (16.817) (16.240) Allowance for impairment losses
Neto 130.407 181.003 Net
Tagihan Kapada Weston Capital Advisors Inc. Receivable from Weston Capital Advisors Inc.
Tagihan kepada Weston Capital Advisors Inc. Receivable from Weston Capital Advisors Inc.
sebesar USD 3.322.652,33 (ekuivalen Rp 47.780) amounting to USD 3,322,652.33 (equivalent
pada tanggal 31 Desember 2018 dan to Rp 47,780) as of December 31, 2018 and
(ekuivalen Rp 45.080) pada tanggal 31 Desember (equivalent to Rp 45,080) as of December 31, 2017
2017 merupakan dana milik Bank yang harus represents the Bank’s fund which should be
dikembalikan oleh Weston Capital Advisors Inc. returned by Weston Capital Advisors Inc. in relation
sehubungan dengan Putusan dalam bentuk Order to Decision of Order Vacating Judgement issued by
Vacating Judgement yang dikeluarkan oleh United United States District Court Southern District of
States District Court Southern District of New York New York dated November 19, 2013 (Note 50).
tanggal 19 November 2013 (Catatan 50).
Bank telah membentuk cadangan kerugian The Bank has provided an allowance for impairment
penurunan nilai atas tagihan ini. losses on this receivable.
Perubahan cadangan kerugian penurunan nilai The changes in allowance for impairment losses are
adalah sebagai berikut: as follows:
2018 2017

Pemulihan selama tahun Reversal during
berjalan - neto (Catatan 33) - (68.257) the year - net (Note 33)
Selisih perbedaan kurs 577 1.177 Exchange rate difference
Manajemen berpendapat bahwa cadangan kerugian Management believes that allowance for impairment
penurunan nilai untuk aset lain-lain adalah cukup losses of other assets is adequate to cover
untuk menutup kerugian yang mungkin timbul atas impairment losses that might arise from other
aset lain-lain. assets.

89

18. LIABILITAS SEGERA 18. OBLIGATIONS DUE IMMEDIATELY

2018 2017
Rupiah Rupiah
Liabilitas cadangan pembayaran 26.909 27.296 Liab ility payment reserve
Biaya jasa 8.834 26.395 Services cost
Insentif yang masih harus dibayar 6.856 - Incentive payab le
Titipan asuransi konsumen 6.158 2.729 Insurance advances from customers
ATM Prima 1.381 1.690 ATM Prima
ATM Bersama 786 1.699 ATM Bersama
Transfer, cheques for collection
Transfer, inkaso dan kliring 454 1.707 and clearing
Pinjaman karyawan 3 649 Employee loans
Notaris - 731 Notary
Liabilitas bank lainnya 4.363 372 Other liab ilities

Transfer, cheques for collection
Transfer, inkaso dan kliring 4.969 1.172 and clearing
Insentif yang masih harus dibayar 2.053 1.648 Incentive payab le
Liabilitas cadangan pembayaran 997 - Liab ility payment reserve
Liabilitas bank lainnya 12 - Other liab ilities
19. SIMPANAN NASABAH 19. DEPOSITS FROM CUSTOMERS

2018 2017
Deposito berjangka 11.632.586 11.161.229 Time deposits
Giro 740.250 795.420 Demand deposits
Tabungan 788.726 827.204 Savings deposits

Deposito berjangka 39.301 41.812 Time deposits
Total 13.248.605 12.904.620 Total
Dengan berlakunya Undang-Undang No. 24 Based on Law No. 24 dated September 22, 2004,
tanggal 22 September 2004, efektif tanggal which became effective on September 22, 2005, all
22 September 2005, seluruh bank yang melakukan commercial banks which conduct business activities
kegiatan usaha di wilayah Negara Republik in Indonesia have to become participants of LPS.
Indonesia menjadi peserta penjaminan LPS. Nilai The maximum deposit amount per customer in a
simpanan yang dijamin untuk setiap nasabah pada bank guaranteed by LPS is Rp 100. Based on
satu bank paling banyak Rp 100. Berdasarkan Government Regulation in Lieu of Law No. 3 Year
Peraturan Pemerintah Pengganti Undang-Undang 2008 regarding the Change in Law No. 24 Year
Republik Indonesia No. 3 Tahun 2008 tentang 2004 juncto Government Regulation No. 66 Year
Perubahan atas Undang-Undang No. 24 Tahun 2008 regarding the Maximum Deposits Amount
2004 juncto Peraturan Pemerintah Republik Guaranteed by the LPS, effective from October 13,
Indonesia No. 66 Tahun 2008 tentang Besaran Nilai 2008, total deposits guaranteed by LPS is
Simpanan yang Dijamin LPS, terhitung sejak maximum of Rp 2,000 per customer in a bank and
tanggal 13 Oktober 2008 nilai simpanan yang the interest rate given for customers should not
dijamin untuk setiap nasabah pada satu bank exceed the interest rate of LPS.
diubah menjadi paling banyak Rp 2.000 dan tingkat
bunga yang diberikan tidak melebihi tingkat bunga
LPS.
90

19. SIMPANAN NASABAH (lanjutan) 19. DEPOSITS FROM CUSTOMERS (continued)
Tingkat suku bunga penjaminan LPS untuk The interest rate guaranteed by LPS for deposits in
simpanan dalam Rupiah dan Dolar Amerika Serikat Rupiah and United States Dollar were 6.75%
adalah masing-masing sebesar 6,75% dan 2,00% and 2.00% as of December 31, 2018 and were
pada tanggal 31 Desember 2018 dan sebesar 5.75% and 0.75% as of December 31, 2017,
5,75% dan 0,75% pada tanggal 31 Desember 2017. respectively.
a. Giro a. Demand deposits
(i) Berdasarkan pihak dan mata uang (i) By party and currency
2018 2017
Mata uang asing (Catatan 41) 214.468 170.871 Foreign currencies (Note 41)

Total 786.173 873.058 Total
(ii) Tingkat suku bunga rata-rata per tahun: (ii) Average interest rates per annum:
2018 2017
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, there were
terdapat giro yang diblokir oleh Bank demand deposits frozen by the Bank for cases
atas kasus yang masih diselidiki berdasarkan which are being investigated based on Letter
Surat BI No. 11/16/DPB1/TPB-7/Rahasia tanggal from BI No. 11/16/DPB1/TPB-7/Rahasia dated
29 Januari 2009. Saldo giro yang diblokir adalah January 29, 2009. The demand deposits that are
sebagai berikut: frozen are as follows:
2018 2017
Mata Uang Currency
Dolar Amerika Serikat 8.983 26 United States Dollar
Dolar Australia 11 11 Australian Dollar
Giro yang dijadikan sebagai jaminan tunai Demand deposits which are pledged as
atas pinjaman yang diberikan pada tanggal collateral on loans as of December 31, 2018 and
31 Desember 2018 dan 2017 masing-masing 2017 amounted to Rp 5,456 and Rp 6,000,
adalah sebesar Rp 5.456 dan Rp 6.000 respectively (Note 10h).
(Catatan 10h).

91


b. Tabungan b. Savings deposits
(i) Berdasarkan pihak, mata uang dan jenis (i) By party, currency and type
2018 2017
Rupiah Rupiah
Tabungan Mutiara 445.701 568.133 Tab ungan Mutiara
Tabungan Jtrust Bisnis 309.517 230.562 Tab ungan Jtrust Bisnis
Tabungan Komunitas MOE 14.733 - Tab ungan MOE Community
Tabungan Rencana Tab ungan Rencana
Mutiara 11.045 8.464 Mutiara
Tabunganku 7.730 10.561 Tab unganku
Tabungan Tar Mutiara - 9.288 Tab ungan Tar Mutiara
Tanamas Plus - 196 Tanamas Plus
Rupiah Rupiah
Tabungan Mutiara 1.240 1.229 Tab ungan Mutiara
Tabungan Rencana Mutiara 182 55 Tab ungan Rencana Mutiara
Tabungan Jtrust Bisnis 181 27 Tab ungan Jtrust Bisnis
Tabungan Komunitas MOE 161 - Tab ungan MOE Community
Tabunganku 55 6 Tab unganku
Total 790.545 828.521 Total
(ii) Tingkat suku bunga rata-rata per tahun (ii) Average interest rates per annum
2018 2017

terdapat tabungan yang diblokir oleh Bank atas savings deposits frozen by the Bank for cases
kasus yang masih diselidiki berdasarkan which are being investigated by authorities
Surat BI No.11/16/DPB1/TPB-7/Rahasia tanggal based on Letter from BI No. 11/16/DPB1/TPB-
29 Januari 2009. Saldo tabungan yang diblokir 7/Rahasia dated January 9, 2009. The balance
adalah masing-masing sebesar Rp 4.387 dan of savings deposits that are frozen amounted to
Rp 300. Rp 4,387 and Rp 300, respectively.
c. Deposito Berjangka c. Time Deposits
(i) Berdasarkan pihak dan mata uang (i) By party and currency
2018 2017
Rupiah 10.861.843 10.592.415 Rupiah

Mata uang asing (Catatan 41) 19 - Foreign currencies (Note 41)
Total 11.671.887 11.203.041 Total

92

c. Deposito Berjangka (lanjutan) c. Time Deposits (continued)
(ii) Klasifikasi deposito berjangka berdasarkan (ii) Classification of time deposits based on
periode deposito berjangka period of time deposits
2018 2017
Rupiah Rupiah
On call 29.000 74.101 On call
1 bulan 5.846.850 5.527.168 1 month
3 bulan 3.882.440 4.028.541 3 months
6 bulan 540.930 433.659 6 months
12 bulan 601.905 570.758 12 months
Mata uang asing Foreign currencies

1 bulan 333.391 258.377 1 month
3 bulan 284.023 129.679 3 months
6 bulan 22.086 33.595 6 months
12 bulan 131.262 147.163 12 months
Total 11.671.887 11.203.041 Total
(iii) Berdasarkan sisa umur sampai dengan saat (iii) Based on remaining period until maturity
jatuh tempo
2018 2017
Rupiah Rupiah
Kurang dari 1 bulan 6.856.696 7.184.319 Less than 1 month
1 sampai dengan 3 bulan 3.089.996 2.862.344 1 up to 3 months
3 sampai dengan 6 bulan 425.126 310.189 3 up to 6 months

Total 11.671.887 11.203.041 Total

93


c. Deposito Berjangka (lanjutan) c. Time Deposits (continued)
(iv) Tingkat suku bunga rata-rata per tahun (iv) Average interest rates per annum
2018 2017
Rupiah Rupiah
On call 4,8% 4,6% On call
1 bulan 7,0% 7,3% 1 month
3 bulan 7,3% 8,0% 3 months
12 bulan 7,1% 8,2% 12 months
1 bulan 0,9% 0,9% 1 month
12 bulan 1,8% 1,5% 12 months
terdapat deposito berjangka yang diblokir oleh time deposits frozen by the Bank
Bank atas kasus yang masih diselidiki for cases which are being investigated
berdasarkan Surat BI No.11/16/DPB1/TPB- by authorities based on Letter from
7/Rahasia tanggal 29 Januari 2009. Saldo BI No.11/16/DPB1/TPB-7/Rahasia dated
deposito yang diblokir adalah sebagai berikut: January 29, 2009. The balance of deposits that
are frozen were as follows:
2018 2017
Mata Uang Currency
Dolar Amerika Serikat 22.025 - United States Dollar
Rupiah 1.719 333 Rupiah
Total 23.744 333 Total
Deposito berjangka yang dijadikan sebagai Time deposits which are pledged as collateral
jaminan tunai atas pinjaman yang diberikan pada on loans as of December 31, 2018 and 2017
tanggal 31 Desember 2018 dan 2017 masing- amounted to Rp 295,085 and Rp 203,381,
masing adalah sebesar Rp 295.085 dan respectively (Note 10h).
Rp 203.381 (Catatan 10h).
20. SIMPANAN DARI BANK LAIN 20. DEPOSITS FROM OTHER BANKS
2018 2017
Rupiah Rupiah
Giro 1.056.642 664.563 Demand deposits
Call money 125.000 465.000 Call money
Tabungan 31.800 38.865 Saving deposits

Call money - 27.135 Call money

Total 1.911.604 1.485.561 Total

94

20. SIMPANAN DARI BANK LAIN (lanjutan) 20. DEPOSITS FROM OTHER BANKS (continued)
a. Deposito berjangka a. Time deposits
(i) Berdasarkan periode (i) By period
2018 2017
Rupiah Rupiah
Kurang dari 1 bulan 12.000 - Less than 1 month
1 bulan 408.053 188.985 1 month
3 bulan 259.040 58.040 3 months
6 bulan 6.423 3.979 6 months
12 bulan 11.625 37.125 12 months
Total 697.141 288.129 Total
(ii) Berdasarkan sisa umur sampai dengan jatuh (ii) Based on remaining period until maturity
tempo
2018 2017
Rupiah Rupiah
12 bulan 11.625 37.125 12 months
Total 697.141 288.129 Total
Deposito yang dijadikan sebagai jaminan tunai Time deposits which are pledged as collateral
atas pinjaman yang diberikan pada tanggal on loans as of December 31, 2018 and
31 Desember 2018 dan 2017 masing-masing 2017 amounted to Rp 7,000 and Rp 37,000,
sebesar Rp 7.000 dan Rp 37.000 (Catatan 10h). respectively (Note 10h).
b. Tingkat suku bunga rata-rata per tahun b. Average interest rate per annum
2018 2017
Deposito berjangka 6,68% 7,21% Time deposits

Giro 4,52% 4,60% Demand deposits
21. LIABILITAS ATAS EFEK-EFEK YANG DIJUAL 21. SECURITIES SOLD UNDER REPURCHASE
DENGAN JANJI DIBELI KEMBALI AGREEMENT
2018
Beban Bunga
belum
Nilai beli diamortisasi/
Nilai Nominal/ Tanggal/ Tanggal Jatuh/ kembali/ Unamortized Nilai Neto/
Jenis Efek Nominal Value Starting Date Maturity Date Buy back value Interest Net Value Type of Securities

Rupiah Rupiah
Sertifikat Bank Indonesia Certificates of Bank Indonesia
IDBI 100.000 11/12/2018 11/01/2019 85.941 175 85.766 IDBI
Obligasi Pemerintah Goverment Bonds
FR0059 200.000 19/12/2018 03/01/2019 176.987 64 176.923 FR0059
SR010 300.000 19/12/2018 16/01/2019 270.098 782 269.316 SR010
Total 600.000 533.026 1.021 532.005 Total

95

21. LIABILITAS ATAS EFEK-EFEK YANG DIJUAL 21. SECURITIES SOLD UNDER REPURCHASE
DENGAN JANJI DIBELI KEMBALI (lanjutan) AGREEMENT (continued)
2017
Beban Bunga
belum
Nilai beli diamortisasi/
Nilai Nominal/ Tanggal/ Tanggal Jatuh/ kembali/ Unamortized Nilai Neto/
Jenis Efek Nominal Value Starting Date Maturity Date Buy back value Interest Net Value Type of Securities

Rupiah Rupiah
Sertifikat Bank Indonesia Certificates of Bank Indonesia
IDSD 100.000 13/12/2017 03/01/2018 88.477 37 88.440 IDSD
IDSD 150.000 30/11/2017 28/02/2018 133.943 1.148 132.795 IDSD
Obligasi Pemerintah Goverment Bonds
FR0064 50.000 30/11/2017 28/02/2018 43.175 370 42.805 FR0064
Total 300.000 265.595 1.555 264.040 Total
22. BUNGA MASIH HARUS DIBAYAR 22. ACCRUED INTEREST EXPENSES
2018 2017

23. BEBAN MASIH HARUS DIBAYAR DAN 23. ACCRUED EXPENSES AND OTHER LIABILITIES
LIABILITAS LAIN-LAIN
2018 2017
Rupiah Rupiah
Surat kesanggupan 198.325 263.374 Promissory notes
Personalia 13.195 6.142 Personnel
Setoran jaminan 943 860 Security deposits

Lain-lain 1.523 387 Others
Sub-total - pihak ketiga 237.471 286.545 Sub-total - third parties
Pihak berelasi (Catatan 40) Related party (Note 40)

Bunga pinjaman subordinasi 866 1.684 Interest on subordinated loan
Total 238.337 288.229 Total

96

24. PINJAMAN SUBORDINASI 24. SUBORDINATED LOAN
2018 2017
J Trust Asia Pte., Ltd. J Trust Asia Pte., Ltd.

(Catatan 40 dan 41) (Notes 40 and 41)
Pinjaman Subordinasi I - 339.188 Sub ordinated Loan I
Pinjaman Subordinasi II 143.800 - Sub ordinated Loan II
Total 143.800 339.188 Total
Pinjaman Subordinasi I Subordinated Loan I
Pada tanggal 16 Oktober 2015, Bank On October 16, 2015, the Bank entered into
menandatangani perjanjian pinjaman subordinasi a subordinated loan agreement with J Trust Asia
dengan J Trust Asia Pte., Ltd., Singapura (“JTA”). Pte., Ltd., Singapore (“JTA”). In this agreement,
Dalam perjanjian tersebut, JTA menyetujui untuk JTA agreed to provide unsecured subordinated
memberikan pinjaman subordinasi tanpa jaminan loan amounting to USD 25,000,000, which bears
sebesar USD 25.000.000, serta dikenakan suku an interest rate at 3 (three) months LIBOR plus
bunga sebesar LIBOR 3 (tiga) bulan ditambah 1% 1% per annum and it shall be paid quarterly.
per tahun dan dibayar setiap 3 (tiga) bulan. Jatuh The maturity date of this loan is 5 (five) years
tempo pinjaman ini adalah 5 (lima) tahun sejak since October 16, 2015 or other later date as
tanggal 16 Oktober 2015 atau dapat dilunasi sesuai agreed by parties and must also subject to prior
dengan kesepakatan para pihak, tetapi harus consent from the regulator.
mendapat persetujuan dari regulator.
Pinjaman subordinasi ini memiliki fitur dimana Bank This subordinated loan has a feature whereby
memiliki pilihan dengan terlebih dahulu memperoleh the Bank has a choice by first obtaining approval
persetujuan dari pemegang saham akhir untuk from the final shareholder to convert a portion of
mengkonversi sebagian jumlah pokok yang ada the outstanding principal amount and/or interest
tertunggak dan/atau bunga saham yang of the issued and paid-up shares or reduce the
ditempatkan dan disetor atau mengurangi pinjaman loan determined if the Bank has the potential to
dengan cara yang ditetapkan apabila Bank disrupt continuity of its business.
berpotensi terganggu kelangsungan usahanya.
Pada setiap tanggal pembayaran bunga, At any interest payment date, JTA may request
JTA dapat meminta pinjaman diselesaikan dan the loan to be settled and redeemed, in whole or
dilunasi, baik secara keseluruhan maupun sebagian in part, by issuance of fully paid up shares by the
dengan penyerahan saham oleh Bank (konversi). Bank (conversion). Such conversion may only be
Konversi tersebut hanya dapat dilakukan oleh Bank made by the Bank after receiving the prior
setelah menerima persetujuan dari regulator dan consent from the regulator and in accordance with
sesuai dengan hukum yang berlaku. Jika pada the applicable laws. If at the maturity date, the
tanggal jatuh tempo, Bank perlu memperkuat Bank needs to strengthen its capital structure, by
struktur permodalannya, dengan persetujuan prior consent of JTA and approval from regulator,
terlebih dahulu dari JTA dan regulator, Bank dapat the Bank could settle the outstanding loan by
melunasi pinjaman tersebut dengan penerbitan issuance of fully paid up shares of the Bank to
saham Bank untuk JTA. JTA.
Berdasarkan Surat OJK No. S-105/PB.31/2015 Based on OJK’s Letter No. S-105/PB.31/2015
tanggal 20 Oktober 2015, OJK menyetujui untuk dated October 20, 2015, OJK agreed to take into
memperhitungkan pinjaman subordinasi ini sebagai account the subordinated loan as component of
komponen modal pelengkap Bank dalam the Bank’s supplementary capital in the
perhitungan kewajiban penyediaan modal minimum. calculation of minimum capital adequacy ratio.
Berdasarkan Surat OJK No. SR-64/PB.31/2018 Based on OJK’s Letter No. SR-64/PB.31/2018
tanggal 24 Mei 2018, OJK menyetujui untuk dated May 24, 2018, OJK agreed the
pelaksanaan konversi pinjaman subordinasi dari implementation of the conversion of subordinated
sebelumnya bersifat non perpetual menjadi loans from formerly non-perpetual to perpetual
perpetual sehingga pencatatannya dapat so that its record may be reclassified from
direklasifikasi dari komponen Modal Pelengkap component of the Bank’s Supplementary
menjadi komponen Modal Inti Tambahan. Capital to Additional Core Capital.

97

24. PINJAMAN SUBORDINASI (lanjutan) 24. SUBORDINATED LOAN (continued)
Pinjaman Subordinasi I (lanjutan) Subordinated Loan I (continued)
tanggal 30 Juli 2018, OJK menyetujui untuk dated July 30, 2018, OJK agreed to take into
perhitungan kewajiban penyediaan modal minimum. calculation of minimum capital adequacy ratio.
Sehingga pada tanggal 31 Desember 2018, saldo So as of December 31, 2018, the balance of
obligasi subordinasi adalah nihil karena sudah subordinated bond amounted to nil because it has
direklasifikasi dan disajikan sebesar Rp 353.375 been reclassified and presented amounting to
sebagai komponen ekuitas lain dengan memakai Rp 353,375 as other component of equity by
kurs tanggal 24 Mei 2018 sebagai dasar pengakuan using rate as of May 24, 2018 as a basis for
di laporan keuangan. recognition in financial statements.
Pinjaman Subordinasi II Subordinated Loan II
Pada tanggal 23 Juli 2018, Bank telah melakukan On July 23, 2018, the Bank entered into a
penandatanganan kerjasama Pinjaman Subordinasi subordinated loan agreement J Trust Asia Pte.,
dengan J Trust Asia Pte., Ltd., Singapura (“JTA”) Ltd., Singapore (“JTA”) amounting to
sebesar USD 10.000.000 dengan syarat dan USD 10,000,000 with similar terms and conditions
ketentuan yang sama dengan pinjaman subordinasi of subordinated loan I, including interest rate and
I, termasuk suku bunga dan periode jatuh tempo. maturity period. So on December 31, 2018, the
Sehingga pada tanggal 31 Desember 2018 saldo balance of subordinated loan amounted to
pinjaman subordinasi adalah sebesar USD 10,000,000 (equivalent to Rp 143,800).
USD 10.000.000 (ekuivalen Rp 143.800).
25. OBLIGASI KONVERSI 25. CONVERTIBLE BONDS
Dalam rangka pemenuhan permodalan, Bank To comply with the capital requirement, the Bank
menerbitkan 150 sertifikat Mandatory Convertible issued 150 certificates of Mandatory Convertible
Bonds (MCB) dengan nilai nominal USD 100.000 Bonds (MCB) with par value of USD 100,000 that
yang dikeluarkan pada tanggal 16 Juni 2006 dan was issued on June 16, 2006 and matured on
jatuh tempo tanggal 16 Juni 2009. Sesuai dengan June 16, 2009. According to the Terms and
Terms and Conditions Mandatory Convertible Bond Conditions of the Mandatory Convertible Bond
jatuh tempo pada tanggal 16 Juni 2009, tingkat suku due on June 16, 2009, the bonds’ bear a fixed
bunga sebesar 7% per tahun. Ketentuan MCB interest rate of 7% per annum. The terms of the
mengatur bahwa MCB harus dikonversikan MCB provide that the MCB should be converted
seluruhnya dengan saham Bank yang terdaftar di entirely to Bank’s shares on the Stock Exchange.
Bursa Efek Indonesia.
Nomura International Plc menyetor dana sebesar Nomura International Plc deposited some funds
USD 14.850.000 (setelah diskon bunga) dan Bank amounting to USD 14,850,000 (after interest
membukukan ke dalam rekening dana setoran discount) and the Bank recorded it in the Escrow
modal Escrow dana dan akan dikonversi menjadi account of fund capital contribution, which should
modal dalam bentuk saham pada saat jatuh tempo be converted into shares at the maturity date on
pada tanggal 16 Juni 2009. June 16, 2009.
MCB diperhitungkan sebagai Tier I dalam This MCB was considered as Tier I in the
perhitungan Rasio Kewajiban Penyediaan Modal calculation of Capital Adequacy Ratio. The
Minimum. Dalam penerbitan saham MCB tergantung issuance of the shares under the MCB depends
pada manajemen Bank dan persetujuan otoritas on the Bank’s management and the approval of
terkait. the related authorities.
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, the balance
saldo untuk obligasi konversi adalah sebesar of convertible bonds amounted to
USD 15.000.000 (ekuivalen Rp 215.700 pada USD 15,000,000 (equivalent to Rp 215,700 as of
tanggal 31 Desember 2018 dan Rp 203.513 pada December 31, 2018 and Rp 203,513 as of
tanggal 31 Desember 2017) (Catatan 41). December 31, 2017) (Note 41).

98

25. OBLIGASI KONVERSI (lanjutan) 25. CONVERTIBLE BONDS (continued)

Dalam gugatan yang dimulai oleh Weston di In the lawsuit commenced by Weston in the High
Pengadilan Tinggi Singapura pada 16 Oktober 2015 Court of Singapore on October 16, 2015
(“Proses Hukum Singapura”) (Catatan 50), Weston (the “Singapore Proceedings”) (Note 50), Weston
mengklaim pemulihan/penyelesaian jumlah pokok claimed the recovery/settlement of the principal
MCB sebesar USD 15.000.000, serta pembayaran amount of the MCB amounting to
pokok berdasarkan dugaan MCB lain dengan USD 15,000,000, as well as principal repayment
tanggal jatuh tempo 14 April 2011 sebesar under another alleged MCB with a maturity date
USD 40.000.000 (secara kolektif yang MCB Klaim). of April 14, 2011 amounting to USD 40,000,000
Bank membantah Klaim MCB termasuk atas dasar (collectively, the “MCB Claims”). The Bank denied
bahwa klaim telah berakhir berdasarkan hukum the MCB Claims including on the basis that the
yang mengatur MCB (hukum Inggris, sebagaimana claims had expired under the law governing the
dinyatakan dalam ketentuan MCB) dan karena MCB (English law, as stated in the terms of the
ketentuan MCB tidak memberikan hak kepada MCB), and because the terms of the MCB did not
pemegang obligasi untuk pembayaran pokok pada entitle the bondholder to principal repayment
saat jatuh tempo tetapi hanya untuk konversi ke upon maturity but only to conversion to the Bank’s
saham Bank. Selain itu, Bank tidak mengakui MCB shares. Also, the Bank does not recognize the
sebesar USD 40.000.000 karena tidak ada catatan MCB for USD 40,000,000 because there is no
MCB ini yang dikeluarkan oleh Bank, tidak melalui record of this MCB being issued by the Bank, it
proses persetujuan dengan pemegang saham did not go through a process of approval with
melalui RUPS, dan Bank tidak menerima aliran dana shareholders through the General Meeting of
apa pun. dari penerbitan MCB. Berdasarkan laporan Shareholders, and Bank did not receive any flow
tahunan pada 2008 dan 2009, tidak ada catatan of funds from the issuance of the MCB. Based on
MCB senilai USD 40.000.000 dalam laporan annual reports in 2008 and 2009, there was no
keuangan Bank. record of MCB worth USD 40,000,000 in the
Bank’s financial statements.
Pada tanggal 26 Januari 2018, Pengadilan Tinggi On January 26, 2018, the High Court of
Singapura mengabulkan permohonan Bank untuk Singapore granted the Bank’s application to strike
mencabut klaim tertentu terhadap Bank dalam out certain claims against the Bank in the
Proses Singapura, termasuk Klaim MCB. Singapore Proceedings, including the MCB
Pengadilan Tinggi Singapura menyatakan bahwa Claims. The High Court of Singapore held that
Klaim MCB telah kedaluwarsa berdasarkan hukum the MCB Claims had expired under the applicable
yang berlaku (hukum Inggris). Keputusan ini law (English law). This decision was upheld on
ditegakkan dengan naik banding atas perintah appeal by order of the High Court of Singapore
Pengadilan Tinggi Singapura tanggal 21 Mei 2018 dated May 21, 2018 (Note 50). The MCB Claims
(Catatan 50). Klaim MCB telah dihapus dari Proses have accordingly been struck out of the
hukum Singapura. Singapore Proceedings.
26. MODAL SAHAM 26. SHARE CAPITAL
susunan pemegang saham dan kepemilikan saham shareholders and its ownership based on the
Bank berdasarkan laporan dari Biro Administrasi report from the Shares Registration Bureau,
Efek, PT Sharestar Indonesia, adalah sebagai PT Sharestar Indonesia, are as follows:
berikut:
2018
Jumlah saham (nilai penuh)/ Persentase Nilai nominal/
Number of shares (full amount)*) kepemilikan/ Amount*) Total
Pemegang saham/ Seri A/ Seri B/ Percentage Seri A/ Seri B/ dalam jutaan/
Shareholders Series A Series B Total owneship Series A Series B In millions
J Trust Co., Ltd., Jepang 9.630.170.618 26.693 9.630.197.311 96,185% 1.000 7.800.000 9.838.376
Group Lease Holdings Pte. Ltd. 281.549.137 - 281.549.137 2,812% 1.000 - 281.549
PT JTrust Investments Indonesia 100.121.245 - 100.121.245 1,000% 1.000 - 100.121
Lain-lain - 256.808 256.808 0,003% - 7.800.000 2.003.103
Total 10.011.841.000 283.501 10.012.124.501 100,000% 12.223.149
*) Angka setelah Pelaksanaan Penggabungan Nilai *) Figure are after reverse stock split
Nominal Saham
99

26. MODAL SAHAM (lanjutan) 26. SHARE CAPITAL (continued)
2017
Jum lah saham (nilai penuh)/ Persentase Nilai nom inal/
Number of shares (full amount) kepem ilikan/ Amount Total
Pem egang saham / Seri A/ Seri B/ Percentage Seri A/ Seri B/ dalam jutaan/
Shareholders Series A Series B Total owneship Series A Series B In millions
J Trust Co., Ltd., Jepang 963.017.061.829.166 2.603.860.861 963.019.665.690.027 96,185% 0,01 78,00 9.833.272
Group Lease Holdings Pte. Ltd. 28.154.913.669.064 - 28.154.913.669.064 2,812% 0,01 - 281.549
PT JTrust Investments Indonesia 10.012.124.501.770 - 10.012.124.501.770 1,000% 0,01 - 100.121
Lain-lain - 25.746.316.174 25.746.316.174 0,003% - 78,00 2.008.213
Total 1.001.184.100.000.000 28.350.177.035 1.001.212.450.177.035 100,000% 12.223.155
Penambahan Uang Muka Setoran Modal oleh Additional Deposit for Future Stock
J Trust Co., Ltd. Tahun 2017 Subscription from J Trust Co., Ltd. in 2017
Berdasarkan Rapat Umum Pemegang Saham Based on the Bank’s Annual General Meeting of
Tahunan pada tanggal 30 Maret 2017 yang Shareholders dated March 30, 2017 as covered by
dinyatakan dalam Akta No. 118 dari Notaris Jose Notarial Deed No. 118 of Jose Dima Satria, S.H.,
Dima Satria, S.H., M.Kn., tanggal 30 Maret 2017, M.Kn., dated March 30, 2017, the shareholders
para pemegang saham menyetujui penambahan agreed to increase paid-up capital without
modal tanpa Hak Memesan Efek Terlebih Dahulu Pre-Emptive Rights by issuance of
sebanyak 100.000.000.000.000 (nilai penuh) saham 100,000,000,000,000 (full amount) series A shares
seri A dengan nilai nominal sebesar Rp 0,01 with par value of Rp 0.01 (full amount) per share or
(nilai penuh) per saham atau sebesar Rp 1.000.000. amounting to Rp 1,000,000.
Penambahan modal tersebut di atas telah diterima The additional issuance of shares has been
dan dicatat di dalam database Sistem Administrasi accepted and recorded in the database of Legal
Badan Hukum Kementerian Hukum dan Hak Entity Administration System of the Ministry of Law
Asasi Manusia Republik Indonesia and Human Rights of the Republic of Indonesia
berdasarkan Surat No. AHU-AH.01.03-0122850 dan based on its Letter No. AHU-AH.01.03-0122850
AHU-AH.01.03-0122851 tanggal 30 Maret 2017. and AHU-AH.01.03-0122851 dated
March 30, 2017.
Berdasarkan Surat OJK No. SR-57/PB.31/2017 Based on OJK’s Letter No. SR-57/PB.31/2017
tanggal 27 April 2017, OJK menyetujui pencatatan dated April 27, 2017, OJK approved the recording
uang muka setoran modal sebagai modal saham of deposit for future stock subscription as paid-up
disetor. capital stock.
Pengalihan saham dari PT JTrust Investments Transfer of shares from PT JTrust Investments
Indonesia kepada J Trust Co., Ltd. Indonesia to J Trust Co., Ltd.
Group Lease Holdings Pte. Ltd., berdasarkan Akta Group Lease Holdings Pte. Ltd., based on Annual
Pernyataan Keputusan Rapat Umum Pemegang General Meeting Deed No. 124 made by
Saham No. 124 yang dibuat di hadapan Jose Dimas Jose Dimas Satria, S.H., M.Kn., Notary in Jakarta,
Satria, S.H., M.Kn., Notaris di Jakarta, tanggal dated April 27, 2017, has transferred 1,000,000
27 April 2017 mengalihkan sebanyak 1.000.000 (in thousand) Series A shares to J Trust Co., Ltd.
(dalam ribuan) saham Seri A kepada
J Trust Co., Ltd.

100

27. TAMBAHAN MODAL DISETOR 27. ADDITIONAL PAID-IN CAPITAL
2018 2017
Tambahan modal disetor 208.416 208.416 Additional paid-in capital

Biaya emisi saham (29.657) (29.657) Share issuance cost
Pelaksanaan Penggabungan
Nilai Nominal Saham 6 - Effect of reverse stock split
Neto 178.765 178.759 Net
28. CADANGAN UMUM 28. GENERAL RESERVE
Pada tanggal 31 Desember 2018 dan 2017, As of December 31, 2018 and 2017, the general
cadangan umum masing-masing sebesar Rp 1.002. reserve amounted to Rp 1,002, respectively. The
Cadangan ini dibentuk sesuai dengan Keputusan reserve was provided in accordance with the
Rapat Umum Pemegang Saham Tahunan yang Decision of Annual General Meeting of Shareholders
dinyatakan dalam akta No. 8 tanggal 25 Juni 2008 as covered by deed No. 8 dated June 25, 2008
dari Hestyani Hassan, S.H., Notaris di Jakarta. of Hestyani Hassan, S.H., Notary in Jakarta.
29. PENDAPATAN BUNGA 29. INTEREST INCOME
2018 2017
Kredit yang diberikan Loans
Kredit modal kerja 537.177 546.054 Working capital loans
Kredit rekening koran 234.166 177.643 Current accounts loans
Kredit konsumer 198.526 432.709 Consumers loans
Kredit investasi 193.889 165.788 Investments loans
Kredit pemilikan rumah 35.520 27.077 Housing loans
Kredit ekspor impor 3.306 5.203 Export import loans
Lain-lain 5.630 - Others

Obligasi Pemerintah 158.477 135.165 Government Bonds
Sertifikat Bank Indonesia 52.704 21 Certificates of Bank Indonesia
Lain-lain 36 - Others
Penempatan pada BI Placements with BI

dan bank lain and other banks
Interb ank call money 4.927 3.532 Interb ank call money
Deposit facility 953 4.938 Deposit facility
Giro pada BI 856 2.053 Current accounts with BI
Giro pada bank lain 646 463 Current accounts with other b anks
Total 1.426.813 1.500.646 Total
Jumlah pendapatan bunga dari pihak berelasi Total interest income from related parties in 2018 and
pada tahun 2018 dan 2017 masing-masing adalah 2017 amounted to Rp 642 and Rp 425, respectively
sebesar Rp 642 dan Rp 425 (Catatan 40). (Note 40).

101

30. BEBAN BUNGA 30. INTEREST EXPENSES
2018 2017

Simpanan dari bank lain 83.051 65.265 Deposits from other b anks
Surat berharga 53.058 27.437 Marketab le securities
Provisi dan komisi 38 34 Provision and commission
Lain-lain 482 - Others
Total 1.035.272 1.017.045 Total
Jumlah beban bunga kepada pihak berelasi Total interest expenses to related parties in 2018 and
pada tahun 2018 dan 2017 masing-masing adalah 2017 amounted to Rp 13,207 and Rp 9,526,
sebesar Rp 13.207 dan Rp 9.526 (Catatan 40). respectively (Note 40).
31. KEUNTUNGAN (KERUGIAN) ATAS PENJUALAN 31. GAIN (LOSS) ON SALE OF AVAILABLE-FOR-
SURAT-SURAT BERHARGA YANG TERSEDIA SALE AND TRADING SECURITIES - NET
UNTUK DIJUAL DAN DIPERDAGANGKAN -
NETO
2018 2017
Surat utang negara (14.418) 4.724 Government promissory notes

Sertifikat Bank Indonesia (5.622) 39.928 Certificates of Bank Indonesia
Obligasi korporasi 4.007 209 Corporate b onds
Neto (Catatan 8) (16.033) 44.861 Net (Note 8)
32. GAJI DAN TUNJANGAN 32. SALARIES AND ALLOWANCES
2018 2017
Gaji, upah, pensiun dan Salaries, wages, pension and

tunjangan pajak 200.095 181.292 tax allowance
Kesejahteraan karyawan 36.556 30.321 Employees b enefits
THR, cuti dan tunjangan THR, annual leaves
terkait lainnya 17.586 23.102 and other related b enefits
Beban imbalan pasca kerja Post-employment b enefits expense
(Catatan 38) 15.615 11.381 (Note 38)
Total 289.492 248.521 Total

102

33. PENYISIHAN (PEMULIHAN) CADANGAN 33. PROVISION (REVERSAL) FOR IMPAIRMENT

KERUGIAN PENURUNAN NILAI - NETO LOSSES - NET
2018 2017

(Catatan 16) 80.006 23.344 (Note 16)
Pinjaman yang diberikan (Catatan 10) 74.500 94.560 Loans (Note 10)
Aset lain-lain (Catatan 17) - (68.257) Other assets (Note 17)
Lain-lain - (7.464) Others
Neto 154.506 42.183 Net
34. UMUM DAN ADMINISTRASI 34. GENERAL AND ADMINISTRATIVE
2018 2017
Iklan dan promosi 53.527 44.053 Advertising and promotion

Sewa 52.569 37.092 Rent
Jasa profesional 37.048 12.079 Professional fees
Umum 36.537 45.470 General
Premi asuransi 31.282 28.714 Insurance premium
Penyusutan dan amortisasi Depreciation and amortization
(Catatan 14 dan 15) 22.922 13.392 (Notes 14 and 15)
Perbaikan dan pemeliharaan 17.442 15.322 Repairs and maintenance
Transportasi dan perjalanan dinas 14.214 2.761 Transportation and b usiness traveling
Komunikasi 11.465 13.032 Communication
Iuran keanggotaan 10.440 10.354 Memb ership
Kebersihan dan keamanan 9.673 6.604 Cleaning and security
Pendidikan dan pengembangan 8.206 9.660 Education and development
Listrik, gas dan air 6.115 5.865 Electricity, gas and water
Cetakan dan alat tulis 4.255 2.434 Printing and stationery
Pajak dan izin 2.202 1.475 Taxes and licenses
Administrasi 1.183 6.500 Administration
Jamuan 949 742 Entertainment
Total 326.093 257.840 Total
35. PENDAPATAN NON-OPERASIONAL 35. NON-OPERATING INCOME
2018 2017
Komisi asuransi 1.141 - Insurance commission

Keuntungan revaluasi valuta asing - 7.454 Gain on foreign currency revaluation
Laba penjualan dan penghapusan Gain on sale and disposal of
aset tetap - neto (Catatan 14) - 1.112 fixed assets - net (Note 14)
Total 18.188 103.992 Total

103

36. BEBAN NON-OPERASIONAL 36. NON-OPERATING EXPENSES
2018 2017
Perkara 51.195 63.545 Legal fees

Rugi penjualan dan Loss on sale and
penghapusan aset tetap - neto disposal of fixed assets - net
(Catatan 14) 14.211 - (Note 14)
Denda dan sanksi 6.120 240 Fine and penalties
Sumbangan 12 - Donation
Rugi penjualan agunan yang Loss on sale of foreclosed
diambil alih (Catatan 16) - 1.241 assets (Note 16)
Perjalanan dinas - 7.210 Business traveling
Konsultan - 5.467 Consultant
Total 116.594 98.578 Total
37. PERPAJAKAN 37. TAXATION
a. Utang Pajak a. Taxes Payable
2018 2017
Pajak penghasilan: Income taxes:
Pasal 4(2) 15.456 13.115 Article 4(2)
Pasal 21 2.799 915 Article 21
Pasal 23 1.282 348 Article 23
Pasal 26 1.491 1.132 Article 26
Modul penerimaan negara, Government revenue module,
Pajak pertambahan nilai, Value-added tax,
bea materai, dan lainnya 24 51 stamp duty, others
b. Pajak Penghasilan b. Income Tax
2018 2017
Pajak kini - - Current tax

Pajak tangguhan 2.480 3.135 Deferred tax
Manfaat pajak penghasilan - neto 2.480 3.135 Income tax benefit - net

104

37. PERPAJAKAN (lanjutan) 37. TAXATION (continued)
b. Pajak Penghasilan (lanjutan) b. Income Tax (continued)
Rekonsiliasi antara laba (rugi) sebelum pajak The reconciliation between profit (loss) before
penghasilan, yang disajikan dalam laporan laba income tax, as stated in the statement of profit or
rugi dan penghasilan komprehensif lain, loss and other comprehensive income, with the
dengan taksiran rugi fiskal Bank untuk tahun estimated fiscal loss of the Bank for the years
yang berakhir pada tanggal 31 Desember 2018 ended December 31, 2018 and 2017 are as
dan 2017 adalah sebagai berikut: follows:
2018 2017
Laba (rugi) sebelum pajak penghasilan (403.581) 118.399 Profit (loss) before income tax
Perbedaan temporer Temporary differences

Penyisihan kerugian (pemulihan) Provision (reversal) for
penurunan nilai kredit yang impairment losses
diberikan dan lainnya - neto 154.506 (271.273) on loans and other - net
Imbalan pasca kerja 9.911 12.443 Post-employment benefits
Penyisihan kerugian penurunan Provision for impairment losses on
nilai giro pada bank lain 10 98 current accounts with other banks
Penyusutan aset tetap (710) (981) Depreciation of fixed assets
Sub-total 163.717 (259.713) Sub-total
Perbedaan tetap Permanent differences

Kesejahteraan pegawai 14.478 4.763 Employee welfare
Iklan dan promosi 13.678 11.028 Entertainment and promotion
Denda 5.186 4.133 Penalties
Representasi 711 742 Representation
Sumbangan 12 9 Donation
Taksiran rugi fiskal tahun berjalan (202.708) (109.651) Estimated fiscal loss for current year
Accumulated fiscal losses
Akumulasi rugi fiskal awal tahun (2.190.079) (2.205.767) at beginning of year
Penyesuaian berdasarkan SKPN - 120.568 Adjustment based on SKPN
Rugi fiskal yang tidak dapat digunakan 960.483 4.771 Expired fiscal losses
Akumulasi rugi fiskal Accumulated fiscal losses

akhir tahun (1.432.304) (2.190.079) at end of year

105

Rekonsiliasi atas manfaat pajak penghasilan The reconciliation between the Bank’s deferred
tangguhan Bank dengan perkalian laba (rugi) income tax benefit and the accounting profit
akuntansi sebelum manfaat (beban) pajak (loss) before income tax using benefit (expense)
penghasilan tangguhan dan tarif pajak yang prevailing tax rate is as follows:
berlaku adalah sebagai berikut:
2018 2017
Laba (rugi) sebelum beban Profit (loss) before
pajak penghasilan menurut laporan income tax expense
laba rugi dan penghasilan per statement of profit or loss
komprehensif lain (403.581) 118.399 and other comprehensive income
Manfaat (beban) pajak penghasilan

yang dihitung dengan Income tax benefit (expense) based
tarif pajak yang berlaku 100.895 (29.600) on the prevailing tax rate
Pajak tangguhan diakui atas: Unrecognized deferred tax on:
Penyisihan (pemulihan) kerugian Provision (reversal)
penurunan nilai kredit for impairment losses
dan lainnya - neto (38.627) 67.818 on loans and others - net
Rugi fiskal tahun berjalan (50.677) (27.413) Fiscal loss for current year
Penyusutan aset tetap 178 245 Depreciation of fixed assets
Pengaruh pajak atas beda tetap Effect of tax on permanent
pada tarif pajak yang berlaku (9.289) (7.915) differences at prevailing tax rate
Manfaat pajak penghasilan Deferred income
tangguhan - neto 2.480 3.135 tax benefit - net
Berdasarkan Undang-Undang Perpajakan yang Under the Taxation Laws in Indonesia, the
berlaku di Indonesia, Bank menghitung, Bank submits tax returns on the basis of self
menetapkan dan membayar sendiri besarnya assessment. The Directorate General of Tax
jumlah pajak yang terhutang. Direktorat (DGT) may assess or amend taxes payable
Jenderal Pajak (DJP) dapat menetapkan atau within 5 (five) years since the tax becomes due.
mengubah liabilitas pajak dalam batas waktu
5 (lima) tahun sejak saat terutangnya pajak.
Rugi fiskal dapat dimanfaatkan melalui Fiscal losses can be utilized through
kompensasi terhadap laba fiskal dalam masa compensation against future taxable income
5 (lima) tahun sejak terjadinya rugi fiskal within 5 (five) years since the fiscal loss
dengan rincian sebagai berikut: incurred are as follows:
2018 2017
Rugi fiskal tahun Fiscal losses
2013 revisi - (960.483) 2013 revised
2014 revisi (171.729) (171.729) 2014 revised
2015 (656.690) (656.690) 2015
2016 (291.526) (291.526) 2016
2017 (109.651) (109.651) 2017
2018 (202.708) - 2018
Total (1.432.304) (2.190.079) Total
Nilai revisi pada rugi fiskal berdasarkan Surat Revised amounts in fiscal losses are based on
Ketetapan Pajak Nihil (SKPN). SKPN.
106

Ketetapan pajak Tax assessments
Surat Ketetapan Pajak Tahun 2005 Tax Assessment Letter Year 2005
Pada tanggal 28 November 2013, Bank On November 28, 2013, the Bank
menerima Surat Ketetapan Pajak Kurang Bayar received Tax Assessment Letters regarding
(SKPKB) untuk pajak penghasilan pasal 4(2), underpayment (SKPKB) of income tax article
23, 26 dan Pajak Pertambahan Nilai tahun 4(2), 23, 26 and Value Added-Tax for fiscal year
pajak 2005 dengan jumlah sebesar Rp 25.933. 2005 with a total amount of Rp 25,933. On the
Pada tanggal yang sama, Bank juga menerima same date, the Bank also received Tax
Surat Tagihan Pajak (STP) Pajak Pertambahan Collection Letter (STP) of Value-Added Tax for
Nilai tahun pajak 2005 dengan jumlah sebesar fiscal year 2005 amounting to Rp 38.
Rp 38.
Pada tanggal 28 November 2013, Bank On November 28, 2013, the Bank received
menerima SKPKB untuk pajak penghasilan SKPKB of income tax article 4(2), 23, 26 and
pasal 4(2), 23, 26 dan Pajak Pertambahan Nilai Value- Added Tax for the fiscal year 2006 with
tahun pajak 2006 dengan jumlah sebesar a total amount of Rp 30,352. On the same date,
Rp 30.352. Pada tanggal yang sama, Bank juga the Bank also received STP of Value-Added
menerima STP Pajak Pertambahan Nilai tahun Tax for the fiscal year 2006 amounting to
pajak 2006 dengan jumlah sebesar Rp 119. Rp 119.
menerima SKPKB untuk pajak penghasilan SKPKB of income tax article 4(2), 21, 23, 26
pasal 4(2), 21, 23, 26 dan Pajak Pertambahan and Value-Added Tax for the fiscal year 2007
Nilai tahun pajak 2007 dengan jumlah sebesar with a total amount of Rp 29,957. On the same
Rp 29.957. Pada tanggal yang sama, Bank juga date, the Bank also received STP of Value-
menerima STP Pajak Pertambahan Nilai tahun Added Tax for the fiscal year 2007 amounting to
menerima SKPKB untuk pajak penghasilan SKPKB of income tax article 4(2), 23 and Value
pasal 4(2), 23 dan Pajak Pertambahan Nilai Added Tax for the fiscal year 2008 with
tahun pajak 2008 dengan jumlah sebesar a total amount of Rp 24,020. On the same date,
Rp 24.020. Pada tanggal yang sama, Bank juga the Bank also received STP of Value Added
menerima STP Pajak Pertambahan Nilai tahun Tax for the fiscal year 2008 amounting to
Bank mengirimkan Surat Keberatan tertanggal The Bank sent Tax Objection Letters dated
25 Februari 2014 kepada Direktorat Jenderal February 25, 2014 to the Directorate General of
Pajak (DJP) atas SKPKB tahun pajak 2005 Tax (DGT) on afore mentioned SKPKB for fiscal
sampai dengan 2008 tersebut di atas. years 2005 up to 2008.
Bank telah membayar seluruh SKPKB dan The Bank has paid all tax assessment letters
STP untuk tahun pajak 2005 sampai dengan of SKPKB and STP for fiscal years 2005
2008 sebesar Rp 110.743 pada tanggal up to 2008 amounting to Rp 110,743 on
23 Desember 2013. December 23, 2013.

107

Ketetapan pajak (lanjutan) Tax assessment (continued)
Surat Ketetapan Pajak Tahun 2008 (lanjutan) Tax Assessment Letter Year 2008 (continued)
Pada tanggal 24 Februari 2015, DJP On February 24, 2015, DGT issued Decision
menerbitkan Surat Keputusan mengenai Letters regarding the rejection of the Bank’s
penolakan keberatan yang diajukan oleh objection. On May 21, 2015, the Bank submitted
Bank. Pada tanggal 21 Mei 2015, Bank Appeal Letter to the Tax Court. Furthermore,
menyampaikan Surat Banding kepada the Bank written-off an amount of Rp 36,877
Pengadilan Pajak. Selanjutnya, Bank due to the Bank did not submit appeal on such
menyesuaikan sejumlah Rp 36.877 karena amount.
Bank tidak mengajukan banding atas jumlah
tersebut.
Pada tanggal 24 Februari 2015, DJP On February 24, 2015, DGT issued Decision
menerbitkan surat keputusan mengenai Letters regarding the rejection of the Banks’
penolakan keberatan yang diajukan oleh Bank. objection. On May 23, 2015, the Bank submitted
Pada tanggal 23 Mei 2015, Bank and appeal letter on article 4(2) final with holding
menyampaikan Surat Banding atas pajak income tax for the fiscal year 2005 until 2008 to
penghasilan pasal 4(2) untuk tahun pajak 2005 the Tax Court, with detail as follows:
sampai dengan 2008 kepada Pengadilan Pajak
sebagai berikut:
Banding/
SKP Appeal
Tahun Year
2005 24.011 24.011 2005
2006 18.912 12.072 2006
2007 12.127 12.127 2007
2008 18.815 15.916 2008
Berdasarkan pengucapan putusan tanggal Based on the hearing session on

1 Desember 2016, Pengadilan Pajak December 1, 2016, the Tax Court decided to
memutuskan untuk mengabulkan pengajuan grant the Bank’s appeal application.
banding yang diajukan oleh Bank.
Berikut ini adalah putusan dari pengadilan pajak The following is the Tax Court’s decision
yang mengabulkan banding yang diajukan oleh granting an appeal filed by the bank:
pihak Bank:
Tahun/ No. Putusan/ Diterima Bank/ Tanggal Terima/

Year Verdict No. Received by Bank Received Date
2005 78369/PP/M.IIIA/25/2016 23.996 24 Januari/January 24, 2017

2006 78370/PP/M.IIIA/25/2016 12.072 17 Februari/February 17, 2017
2007 78371/PP/M.IIIA/25/2016 8.441 17 Februari/February 17, 2017
2008 78372/PP/M.IIIA/25/2016 15.916 24 Januari/January 24, 2017
Total 60.425
\
Pada tanggal 24 Januari 2017, Bank telah On January 24, 2017, the Bank received tax
menerima pengembalian pajak tahun 2005 dan refund for fiscal years 2005 and 2008
2008 masing-masing sebesar Rp 23.996 dan amounting to Rp 23,996 and Rp 15,916,
Rp 15.916. Pada tanggal 17 Februari 2017, respectively. On February 17, 2017, Bank
Bank telah menerima pengembalian pajak untuk received tax refunds for fiscal years 2006 and
tahun pajak 2006 dan 2007 masing-masing 2007 amounting to Rp 12,072 and Rp 8,441,
sebesar Rp 12.072 dan Rp 8.441. respectively.

108

Ketetapan pajak (lanjutan) Tax assessment (continued)
Pada tanggal 26 September 2017, Bank On September 26, 2017, the Bank was reviewed
diperiksa oleh KPP PMB untuk tahun 2012. by KPP PMB for fiscal year 2012. The Reviewer
Pemeriksa menerbitkan SKPKB tertanggal issued SKPKB of Value Added-Tax on
20 Oktober 2017 atas Pajak Pertambahan Nilai October 20, 2017 amounting to Rp 210 and Tax
sebesar Rp 210 dan Surat Tagihan Pajak (STP) Collection Letter (STP) for Value Added-Tax
atas Pajak Pertambahan Nilai Rp 28. Bank telah amounting to Rp 28. The Bank paid the SKPKB
membayar SKPKB dan STP dimaksud pada and STP on November 13, 2017.
tanggal 13 November 2017.
Pada tanggal 9 Januari 2017, Bank diperiksa On January 9, 2017, the Bank was reviewed by
oleh KPP PMB untuk tahun 2013. Pemeriksa KPP PMB for fiscal year 2013. The Reviewer
menerbitkan Surat Ketetapan Pajak Nihil issued SKPN dated August 27, 2018 on all taxes
(SKPN) tertanggal 27 Agustus 2018 untuk due to the Bank applying the Disclosure of
semua jenis pajak karena Bank menerapkan inaccuracies in filling out the Tax Return (Article
Pengungkapan Ketidakbenaran Pengisian SPT 8 paragraph (4)). As a result, the Bank paid the
(Pasal 8 ayat (4)). Atas Pengungkapan tax in amounting to Rp 3,020 on May 30, 2018.
Ketidakbenaran Pengisian SPT ini, Bank telah
membayar pajak sebesar Rp 3.020 pada
tanggal 30 Mei 2018.
Pada tanggal 20 September 2017, Bank On September 20, 2017, the Bank was reviewed
diperiksa oleh KPP PMB untuk tahun 2014. by KPP PMB for fiscal year 2014. The Reviewer
Pemeriksa menerbitkan Surat Ketetapan Pajak issued SKPN dated November 8, 2018 on all
Nihil (SKPN) tertanggal 8 November 2018 untuk taxes due to the Bank applying the Disclosure of
semua jenis pajak karena Bank menerapkan inaccuracies in filling out the Tax Return
Pengungkapan Ketidakbenaran Pengisian SPT (Article 8 paragraph (4)). As a result, the Bank
(Pasal 8 ayat (4)). Atas Pengungkapan paid the tax amounting to Rp 3,049 on
Ketidakbenaran Pengisian SPT ini, Bank telah October 3, 2018.
membayar pajak sebesar Rp 3.049 pada
tanggal 3 Oktober 2018.
Sehubungan dengan penutupan tiga cabang In relation to closing of three branches at Muara
yaitu cabang Muara Karang Timur, Pasar Baru Karang Timur, Pasar Baru and Tangerang,
dan Tangerang, Bank diperiksa oleh KPP PMB the Bank was reviewed by KPP PMB on
pada tanggal 24 Februari 2017. Selanjutnya February 24, 2017. On December 4, 2017,
pada tanggal 4 Desember 2017, Pemeriksa the reviewer issued SKPKB on income tax
menerbitkan SKPKB atas pajak penghasilan article 21, 23, and 4(2) amounting to Rp 137
pasal 21, pasal 23 dan pasal 4 ayat (2) dengan which has been paid on December 18, 2017.
total pajak yang masih dibayar sebesar
Rp 137 dan telah dibayarkan pada tanggal
18 Desember 2017.

109

Pajak Tangguhan Deferred Tax

Pajak tangguhan dihitung berdasarkan Deferred income tax is calculated based on the
pengaruh dari perbedaan temporer antara temporary differences between the tax base of
jumlah tercatat aset dan liabilitas menurut assets and liabilities and their carrying values for
laporan keuangan dengan dasar pengenaan financial reporting purposes.
pajak aset dan liabilitas.
Dikreditkan ke
penghasilan
Dikreditkan komprehensif lain/
ke laba rugi/ Credited to other
1 Januari/ Credited to comprehensive 31 Desember/
January 1, 2018 profit or loss income December 31, 2018
Aset pajak tangguhan: Deferred tax assets:
Rugi fiskal 70.632 - - 70.632 Fiscal loss
Liabilitas imbalan Post-employment
pasca kerja 7.919 2.478 3.421 13.818 benefits liability
Kerugian (keuntungan)
yang belum direalisasi Unrealized losses (gain)
atas perubahan nilai wajar on changes in fair
surat-surat berharga value of available
yang tersedia untuk dijual (5.800) - 46.477 40.677 for-sale securities
Allowance for
impairment losses
Penyisihan kerugian on current accounts
giro pada bank lain 194 2 - 196 with other banks
Total 72.945 2.480 49.898 125.323 Total
Dikreditkan
(dibebankan) ke
penghasilan
komprehensif lain/
Dikreditkan Credited (charged)
ke laba rugi/ to other
1 Januari/ Credited to comprehensive 31 Desember/
January 1, 2017 profit or loss income December 31, 2017
Aset pajak tangguhan: Deferred tax assets:
Rugi fiskal 70.632 - - 70.632 Fiscal loss
Liabilitas imbalan Post-employment
pasca kerja 3.796 3.111 1.012 7.919 benefits liability
Kerugian (keuntungan)
yang belum direalisasi Unrealized losses (gain)
atas perubahan nilai wajar on changes in fair
surat-surat berharga value of available
yang tersedia untuk dijual 7.721 - (13.521) (5.800) for-sale securities
Allowance for
impairment losses
Penyisihan kerugian on current accounts
giro pada bank lain 170 24 - 194 with other banks
Total 82.319 3.135 (12.509) 72.945 Total
Aset pajak tangguhan diakui apabila besar Deferred tax assets are recognized to the extent
kemungkinan bahwa jumlah penghasilan kena that it is probable that future taxable income will
pajak pada masa mendatang akan memadai be available against which the temporary
untuk dikompensasi dengan perbedaan differences can be utilized. Management
temporer yang dapat dikurangkan. Manajemen believes that the deferred tax assets can be
berkeyakinan bahwa aset pajak tangguhan utilized in the future.
dapat dimanfaatkan di masa mendatang.

110

38. LIABILITAS IMBALAN PASCA KERJA 38. POST-EMPLOYMENT BENEFITS LIABILITY
Bank menghitung dan membukukan liabilitas The Bank has calculated and recorded the
imbalan pasca kerja berdasarkan Undang-Undang post-employment benefits liability based on the
(“UU”) Ketenagakerjaan No. 13/2003 tanggal Labor Law No. 13/2003 dated March 25, 2003 and
25 Maret 2003 dan PSAK 24 (Revisi 2013), PSAK 24 (Revised 2013), “Employee Benefits”.
“Imbalan Kerja”. Liabilitas imbalan pasca kerja pada The post-employment benefits liability as of
tanggal 31 Desember 2018 dan 31 Desember 2017 December 31, 2018 and December 31, 2017 was
dihitung oleh Aktuaris Independen, PT Quattro Asia calculated by an Independent Actuary, PT Quattro
Consulting, dalam laporannya tertanggal Asia Consulting, on it’s report dated January 9, 2019
9 Januari 2019 dan 8 Januari 2018. Bank and January 8, 2018. The Bank has pension fund
menyelenggarakan dana pensiun untuk seluruh covering substantially all of its qualified permanent
karyawan tetap yang memenuhi syarat yang dikelola employees which is managed by Dana Pensiun
oleh Dana Pensiun Lembaga Keuangan Sinarmas Lembaga Keuangan Sinarmas MSIG. Retirement
MSIG. Iuran pensiun ditanggung oleh Bank. contributions are funded by the Bank. Such funding
Pendanaan tersebut diperhitungkan dalam is included in the post-employment benefits liability
perhitungan liabilitas imbalan pasca kerja. calculation.
Imbalan pasca kerja adalah sebagai berikut: The post-employment benefits are as follows:
2018 2017
Kewajiban posisi keuangan untuk: Financial position ob ligations for:

Imbalan pensiun 46.506 24.616 Pension b enefits
Imbalan kerja jangka panjang lainnya 8.765 7.060 Other long-term service b enefits
a. Beban Imbalan Pasca Kerja a. Post-employment Benefits Expense
2018 2017
Imbalan pensiun Pension b enefits

Biaya jasa kini 13.845 10.626 Current service cost
Biaya bunga - neto 1.770 755 Net interest cost

Manfaat jangka panjang lainnya 8.765 7.060 Other long-term b enefits
Biaya imbalan pasca kerja diakui sebagai akun Post-employment benefits expense is recognize in
gaji dan tunjangan (Catatan 32). salaries and allowances account (Note 32).
b. Liabilitas Imbalan Pasca Kerja b. Post-employment Benefits Liability
2018 2017
Nilai kini liabilitas Present value of
Imbalan pasti 79.366 68.864 defined b enefits ob ligation
Nilai wajar aset (24.095) (37.188) Fair value of plan assets
Neto 55.271 31.676 Net

111

38. LIABILITAS IMBALAN PASCA KERJA (lanjutan) 38. POST-EMPLOYMENT BENEFITS LIABILITY
(continued)
b. Liabilitas Imbalan Pasca Kerja (lanjutan) b. Post-employment Benefits Liability

(continued)
Perubahan nilai kini liabilitas imbalan pasti pada The changes in the present value of defined
tahun berjalan adalah sebagai berikut: benefits obligation in the current year is as
follows:
2018 2017

Pembayaran manfaat (14.582) (6.546) Benefits paid
Biaya jasa kini 13.845 10.626 Current service cost
Biaya bunga 4.444 4.362 Interest cost
Pengukuran kembali: Remeasurements:
Dampak penyesuaian Effect of experience
pengalaman 11.681 (3.670) adjustments
Dampak perubahan asumsi Effect of changes in financial
keuangan dan demografik (6.591) 3.967 and demographic assumptions

Imbalan kerja jangka panjang
lainnya 8.765 7.060 Other long-term service b enefits
Perubahan nilai wajar aset program imbalan The changes in the fair value of defined benefit plan
pasti pada tahun berjalan adalah sebagai assets in the current year is as follows:
berikut:
2018 2017

Pendapatan bunga 2.674 3.607 Interest income
Pembayaran manfaat (14.582) (6.546) Benefits paid
Pengukuran kembali imbal Remeasurement of return
hasil atas aset program (8.594) (3.752) on plan assets
Kontribusi pemberi kerja 7.409 - Contrib ution from the company

112

(continued)
b. Liabilitas Imbalan Pasca Kerja (lanjutan) b. Post-employment Benefits Liability

(continued)
Perubahan liabilitas imbalan pasca kerja pada The changes in post-employment benefits
tahun berjalan adalah sebagai berikut: liability in the current year is as follows:
2018 2017
Pengukuran kembali 13.684 4.049 Remeasurements
Beban imbalan pasca kerja Employee b enefits expense
tahun berjalan 15.615 11.381 in the current year
Kontribusi pemberi kerja (7.409) - Contrib ution from the company
Manfaat jangka panjang lainnya 8.765 7.060 Other long-term b enefits
Perubahan pengukuran kembali pada tahun berjalan The changes in remeasurements in the current year
2018 2017

Pengukuran kembali Remeasurements in
tahun berjalan 13.684 4.049 the current year
Asumsi-asumsi utama yang digunakan dalam The principal assumptions used to determine
menghitung liabilitas imbalan pasca kerja pada post-employment benefits liability as of
tanggal 31 Desember 2018 dan 2017 adalah December 31, 2018 and 2017 are as follows:
sebagai berikut:
2018 2017
Metode perhitungan Metode Proyeksi Unit Kredit/ Metode Proyeksi Unit Kredit/ Actuarial method
Projected Unit Credit Method Projected Unit Credit Method
Usia pensiun normal 56 tahun/years 56 tahun/years Normal retirement age
Tingkat mortalitas TMI III 2011 TMI III 2011 Mortality rate
Tingkat kenaikan gaji 3,35% per tahun/per annum 3,35% per tahun/per annum Salary increase rate
Tingkat diskonto 8,45% per tahun/per annum 7,19% per tahun/per annum Discount rate
Durasi rata-rata 17,59 18,37 Average duration
Tingkat pengunduran diri 20 - 29 = 15% 20 - 29 = 15% Resignation rate
30 - 39 = 10% 30 - 39 = 10%
40 - 44 = 7,5% 40 - 44 = 7,5%
45 - 49 = 5% 45 - 49 = 5%
50 - 55 = 1% 50 - 55 = 1%

113

(continued)
Perkiraan analisis jatuh tempo atas imbalan pensiun Expected maturity analysis of undiscounted
tidak terdiskonto pada tanggal 31 Desember 2018 pension benefits as of December 31, 2018 and
dan 2017 adalah sebagai berikut: 2017 is as follows:
2018
Kurang dari 1 sampai dengan Lebih dari
1 tahun/ 5 tahun/ 5 tahun/
Less than 1 year 1 up to 5 years More than 5 years
Imbalan pensiun 2.058 42.899 520.113 Pension b enefits
2017
Kurang dari 1 sampai dengan Lebih dari
1 tahun/ 5 tahun/ 5 tahun/
Less than 1 year 1 up to 5 years More than 5 years
Imbalan pensiun 383 27.658 469.154 Pension b enefits
Manajemen berkeyakinan bahwa estimasi liabilitas Management believes that the estimated
atas imbalan pasca kerja pada tanggal post-employment benefits liability as of
31 Desember 2018 dan 2017 telah memenuhi December 31, 2018 and 2017 has fulfilled the
persyaratan minimum UU Ketenagakerjaan No. 13 minimum requirements of Labor Law No. 13 year
tahun 2003. 2003.
Tabel berikut menunjukkan analisis sensitivitas atas The following table demonstrates the sensitivity
kemungkinan perubahan tingkat suku bunga pasar, analysis to a reasonably possible change in market
dengan variabel lain dianggap tetap, terhadap interest rates, with all other variables held constant,
liabilitas imbalan pasca kerja dan beban jasa kini to the post-employment benefits liability and current
Bank pada tanggal 31 Desember 2018 dan service cost of the Bank as of December 31, 2018
2017: and 2017:
100 basis poin/ 100 basis poin/

100 basis point 100 basis point
Kenaikan/ Penurunan/
Increase Decrease
Tingkat diskonto 9,45% 7,45% Discount rate
Dampak manfaat liabilitas Impact on post-employment
pasca kerja (4.247) 4.682 b enefits liab ility
Tingkat kenaikan gaji 4,35% 2,35% Salary increase rate
pasca kerja 4.742 4.366 b enefits liab ility

Tingkat diskonto 8,19% 6,19% Discount rate
pasca kerja (3.970) 4.410 b enefits liab ility
Tingkat kenaikan gaji 4,35% 2,35% Salary increase rate
pasca kerja 4.432 (4.052) b enefits liab ility

114

39. LABA (RUGI) PER SAHAM DASAR 39. BASIC EARNINGS (LOSS) PER SHARE
Laba (rugi) per saham dasar dihitung dengan Basic earnings (loss) per share is computed by
membagi laba tahun berjalan dengan jumlah rata- dividing profit for the year by the weighted-average
rata tertimbang saham yang beredar pada tahun number of shares outstanding during the year.
berjalan.
2018 2017
Laba (rugi) neto Net profit (loss) for
untuk perhitungan rugi per the computation of the
saham dasar (401.101) 121.534 b asic loss per share
Jumlah rata-rata tertimbang Weighted average numb er of

saham biasa - outstanding common shares -
Seri A dan Seri B 10.012 10.012 Series A and Series B
Laba (rugi) per saham dasar Basic earnings (loss) per share
(nilai penuh) (40,06) 12,14 (full amount)
Jumlah rata-rata tertimbang saham yang beredar The weighted average number of shares is after
telah memperhitungkan efek retroaktif pemecahan considering the retroactive effect of stock split.
saham.
40. INFORMASI MENGENAI TRANSAKSI DENGAN 40. RELATED PARTIES INFORMATION

PIHAK-PIHAK BERELASI
Dalam kegiatan usaha normal, Bank melakukan In the normal course of business, the Bank entered
transaksi dengan pihak-pihak berelasi. Transaksi into transactions with related parties. Transactions
dengan pihak-pihak berelasi tersebut dilaksanakan with related parties were conducted under terms
dengan syarat dan kondisi yang sama sebagaimana and conditions similar to those granted to third
dilakukan dengan pihak ketiga, kecuali untuk kredit parties, with the exception of loans granted to
yang diberikan kepada karyawan kunci. the key employees.
Sifat Hubungan Nature of Relationship
Pihak-pihak berelasi adalah perusahaan dan Related parties are companies and individuals
perorangan yang mempunyai keterkaitan kepemilikan who have ownership or management relationship
atau kepengurusan secara langsung maupun tidak directly or indirectly with the Bank as stated in
langsung dengan Bank sebagaimana diungkapkan Note 2ac.
pada Catatan 2ac.
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transaction
J Trust Co., Ltd., Pemegang Giro/Demand deposits

Jepang/Japan saham/Shareholder
J Trust Asia Pte. Ltd., Entitas sepengendali/Entity Pinjaman subordinasi, Giro
Singapura/Singapore under common control dan Deposito/Subordinated
loan, Demand deposit and
Time deposits
PT JTrust Investments Indonesia Pemegang Giro dan Deposito/Demand
saham/Shareholder deposits and Time deposits
PT JTrust Olympindo Multi Finance Entitas sepengendali/Entity Pinjaman yang diberikan dan
under common control Giro/Loans and Demand
deposits
Komisaris, Direksi, Kepala Divisi, Kepala Manajemen dan Karyawan Pinjaman yang diberikan
Kantor Wilayah, Pimpinan Cabang, serta Kunci Bank/Management dan Simpanan/Loans and
keluarga sesuai ketentuan yang berlaku/ and Key Employees of the Deposits
Commissioner, Directors, Head of Divisions, Bank
Head of Regions, Branch Managers and
their families in accordance with the
prevailing procedure

115

40. INFORMASI MENGENAI TRANSAKSI DENGAN 40. RELATED PARTIES INFORMATION (continued)
PIHAK-PIHAK BERELASI (lanjutan)
Saldo aset dengan pihak-pihak berelasi adalah The balance of assets with related parties are as
2018 2017
Persentase Persentase
terhadap terhadap
total aset/ total aset/
Percentage Percentage
Total to total assets Total to total assets
Aset Assets
PT JTrust Olympindo PT JTrust Olympindo
Multifinance 132.700 0,74% - - Multifinance
PT JTrust Investments PT JTrust Investments
Indonesia - - 40.065 0,23% Indonesia
Karyawan kunci 10.535 0,06% 7.856 0,05% Key employees
Total 143.235 0,80% 47.921 0,28% Total
Dikurangi cadangan
kerugian penurunan Less allowance for
nilai 47 0,00% 22 0,00% impairment losses
Neto 143.188 0,80% 47.899 0,28% Net
Saldo liabilitas dengan pihak-pihak berelasi adalah The balance of liabilities with related parties are as
2018 2017
terhadap terhadap
total liabilitas/ total liabilitas/
Percentage to Percentage to
Total total liabilities Total total liabilities
Simpanan nasabah Deposits from customers
Giro Demand deposits
Indonesia 41.847 0,25% 76.913 0,49% Indonesia
J Trust Co., Ltd 2.732 0,02% 703 0,00% J Trust Co., Ltd
J Trust Asia Pte., Ltd 583 0,00% 22 0,00% J Trust Asia Pte., Ltd
JTrust Olympindo JTrust Olympindo
Multifinance 558 0,00% - - Multifinance
Karyawan kunci 203 0,00% - - Key employees
Tabungan Savings deposits
Karyawan kunci 1.819 0,01% 1.317 0,01% Key employees
Deposito berjangka Time deposits
Indonesia 31.000 0,19% 20.000 0,13% Indonesia
J Trust Asia Pte., Ltd - - 21.812 0,14% J Trust Asia Pte., Ltd
Karyawan kunci 8.301 0,05% - - Key employees
Total 87.043 0,52% 120.767 0,77% Total
Beban masih harus Accrued expenses

dibayar dan liabilitas and other liabilities
lain-lain (Catatan 23) (Note 23)
J Trust Asia Pte., Ltd 866 0,01% 1.684 0,01% J Trust Asia Pte., Ltd
Pinjaman subordinasi Subordinated loan

J Trust Asia Pte., Ltd 143.800 0,87% 339.188 2,17% J Trust Asia Pte., Ltd

116

40. INFORMASI MENGENAI TRANSAKSI DENGAN 40. RELATED PARTIES INFORMATION (continued)
PIHAK-PIHAK BERELASI (lanjutan)
Saldo pendapatan dan beban dengan pihak-pihak The balance of income and expenses with related
berelasi adalah sebagai berikut: parties are as follows:
2018 2017
terhadap terhadap
total pendapatan total pendapatan
atau beban/ atau beban/
Percentage to Percentage to
total income or total income or
Total expense Total expense
Pendapatan bunga Interest income

(Catatan 29) 642 0,04% 425 0,03% (Note 29)
Beban bunga Interest expenses

(Catatan 30) 13.207 1,28% 9.526 0,94% (Note 30)
Seluruh saldo dan transaksi dengan pihak-pihak All transaction with related parties have been
berelasi telah diungkapkan dalam catatan atas disclosed in notes to the financial statements.
laporan keuangan.
41. ASET DAN LIABILITAS MONETER DALAM MATA 41. MONETARY ASSETS AND LIABILITIES
UANG ASING DENOMINATED IN FOREIGN CURRENCIES
2018 2017
Aset Assets
Kas (Catatan 4) 18.355 68.816 Cash (Note 4)
Giro pada Bank Indonesia Current accounts with
(Catatan 5) 109.365 62.401 Bank Indonesia (Note 5)
Giro pada bank lain Current accounts with
(Catatan 6) 207.081 229.400 other b anks (Note 6)
Surat-surat berharga (Catatan 8) 747.439 651.100 Marketab le securities (Note 8)
Tagihan derivatif (Catatan 9) 11.324 810 Derivative receivab les (Note 9)
Pinjaman yang diberikan (Catatan 10) 1.243.813 990.639 Loans (Note 10)
Tagihan akseptasi (Catatan 11) 632.585 598.372 Acceptance receivab les (Note 11)
Pendapatan bunga yang
masih akan diterima (Catatan 12) 13.097 7.536 Accrued interest income (Note 12)

117

41. ASET DAN LIABILITAS MONETER DALAM MATA 41. MONETARY ASSETS AND LIABILITIES
UANG ASING (lanjutan) DENOMINATED IN FOREIGN CURRENCIES
(continued)
2018 2017
Liabilitas segera (Catatan 18) 8.031 2.820 Ob ligations due immediately (Note 18)
Simpanan nasabah (Catatan 19) 987.579 741.037 Deposits from customers (Note 19)
Simpanan bank lain (Catatan 20) 1.021 29.004 Deposits from other b anks (Note 20)
Liabilitas derivatif (Catatan 9) 640 411 Derivative payab les (Note 9)
Liabilitas akseptasi (Catatan 11) - 3.871 Acceptance payab les (Note 11)
Bunga masih harus Accrued interest
dibayar (Catatan 22) 2.738 2.184 expenses (Note 22)
Beban masih harus dibayar dan Accrued expenses and
liabilitas lain-lain (Catatan 23) 2.389 2.071 other liab ilities (Note 23)
Pinjaman subordinasi (Catatan 24) 143.800 339.188 Sub ordinated loan (Note 24)
Obligasi konversi (Catatan 25) 215.700 203.513 Convertib le b onds (Note 25)

Neto 1.677.427 1.338.435 Net
42. KOMITMEN DAN KONTINJENSI 42. COMMITMENTS AND CONTINGENCIES

a. Bank memiliki tagihan dan liabilitas komitmen a. The Bank has outstanding commitments and
dan kontinjensi sebagai berikut: contingent receivables and liabilities as follows:
2018 2017
Komitmen Commitments
Tagihan komitmen Commitment receivables
Posisi pembelian spot dan Current position of b uying
derivatif yang masih berjalan 28.855 190.012 spot and derivative
Lain-lain 1.195.005 923.590 Others
Liabilitas komitmen Commitment liabilities

Posisi penjualan spot dan Current position of selling spot
derivatif yang masih berjalan 1.183.997 922.597 and derivatives
Fasilitas pinjaman yang belum
digunakan 327.172 351.543 Unused loan facilities
Letter of Credit (L/C) yang Outstanding irrevocab le
masih beredar 6.156 20.978 Letter of Credit (L/C)
Liabilitas komitmen - neto (293.465) (181.516) Commitment liabilities - net
Kontinjensi Contingencies
Tagihan kontinjensi Contingent receivables
Pendapatan bunga dalam Interest receivab le
penyelesaian 31.590 61.174 on non-performing assets
Pinjaman yang diberikan 121.297 422.907 Loans
Lainnya 3.765.100 3.643.422 Others
Liabilitas kontinjensi Contingent liabilities

Bank garansi yang diterbitkan 474.000 611.695 Bank guarantees issued
Liabilitas kontinjensi - neto 3.443.987 3.515.808 Contingent liabilities - net

118

42. KOMITMEN DAN KONTINJENSI (lanjutan) 42. COMMITMENTS AND CONTINGENCIES

(continued)
b. Jangka waktu rata-rata L/C dan bank b. The average period of L/C and bank
garansi adalah antara 1 (satu) bulan sampai guarantees is within 1 (one) month up to
12 (dua belas) bulan. 12 (twelve) months.
c. Penjualan tunai mata uang asing yang belum c. Unsettled spot of foreign currency sale
diselesaikan pada tanggal pelaporan adalah transactions at the reporting date are as
2018 2017
Penjualan tunai mata uang asing Sale of foreign currency

Forward Forward
Dolar Amerika Serikat 1.179.160 827.618 United States Dollar
Spot Spot
Total 1.308.580 949.609 Total
43. POSISI DEVISA NETO 43. NET OPEN POSITION
Perhitungan Posisi Devisa Neto Bank berdasarkan The Net Open Position calculations for the Bank
pada Peraturan Bank Indonesia No. 12/10/PBI/2010 are based on Bank Indonesia Regulation
tanggal 1 Juli 2010. Berdasarkan peraturan No. 12/10/PBI/2010 dated July 1, 2010. Based on
tersebut, Bank diwajibkan untuk menjaga posisi such regulation, the Bank is required to maintain
devisa neto secara keseluruhan maksimum 20% the overall net open position at a maximum of 20%
dari jumlah modal. from total capital.
Rasio posisi devisa neto untuk laporan posisi Net open position ratio of statement of financial
keuangan adalah selisih neto jumlah aset dan position is the net difference between the assets
jumlah liabilitas dalam setiap mata uang asing yang and liabilities denominated in each foreign
semuanya dinyatakan dalam Rupiah. Sedangkan currency which are stated in Rupiah. The overall
rasio posisi devisa neto secara keseluruhan adalah net open position is the sum of the absolute values
penjumlahan nilai absolut dari selisih neto antara of the net difference between the assets and
aset dan liabilitas dalam mata uang asing dan liabilities denominated in each foreign currency
selisih neto dari tagihan dan liabilitas komitmen dan and the net difference of the receivables and
kontinjensi, yang dicatat dalam akun administratif payables of both commitments and contingencies
yang didenominasi dalam setiap mata uang asing, recorded in the administrative accounts
yang dinyatakan dalam Rupiah. denominated in each foreign currency, which are
stated in Rupiah.

119

43. POSISI DEVISA NETO (lanjutan) 43. NET OPEN POSITION (continued)
2018
Posisi Devisa
Neto
(nilai absolut)/
Net Open
Position
Liabilitas/ (absolute
Mata Uang Asing Aset/Assets Liabilities amount) Foreign Currency
Keseluruhan (Laporan posisi Aggregate (Statement of

keuangan dan rekening financial position
administratif) and administrative accounts)
Dolar Amerika Serikat*) 4.033.431 4.053.047 19.616 United States Dollar*)
Dolar Singapura 66.587 70.001 3.414 Singapore Dollar
Yen Jepang 40.595 40.967 372 Japanese Yen
Dolar Australia 29.838 29.634 204 Australian Dollar
Euro Eropa 22.018 22.256 238 European Euro
Poundsterling Inggris 818 415 403 Great Britain Poundsterling
Mata uang lainnya 6.467 3.250 3.217 Other currencies
Total 4.199.754 4.219.570 27.464 Total
Modal (Catatan 47) 1.786.384 Capital (Note 47)
Rasio Posisi Devisa Neto Net Open Position Ratio

(Laporan posisi (Statement of financial
keuangan dan rekening position and administrative
administratif) 1,54% accounts)
2017
Posisi Devisa
Neto
(nilai absolut)/
Net Open
Position
Liabilitas/ (absolute
Mata Uang Asing Aset/Assets Liabilities amount) Foreign Currency
Keseluruhan (Laporan posisi Aggregate (Statement of

keuangan dan rekening financial position
administratif) and administrative accounts)
Dolar Amerika Serikat*) 4.243.217 4.287.487 44.270 United States Dollar*)
Dolar Singapura 68.111 70.479 2.368 Singapore Dollar
Dolar Australia 33.702 29.448 4.254 Australian Dollar
Euro Eropa 33.496 33.624 128 European Euro
Yen Jepang 23.245 30.344 7.099 Japanese Yen
Poundsterling Inggris 2.769 648 2.121 Great Britain Poundsterling
Mata uang lainnya 23.648 19.043 4.605 Other currencies
Total 4.428.188 4.471.073 64.845 Total
Modal (Catatan 47) 1.813.289 Capital (Note 47)
Rasio Posisi Devisa Neto Net Open Position Ratio

(Laporan posisi (Statement of financial
keuangan dan rekening position and administrative
administratif) 3,58% accounts)
*) Tidak termasuk obligasi konversi/Excluding convertible bonds

120

44. INFORMASI SEGMEN OPERASI 44. OPERATING SEGMENT INFORMATION
Segmen operasi dilaporkan sesuai dengan laporan Operating segments are reported in accordance
internal yang disiapkan untuk pengambil keputusan with the internal reporting provided to the chief
operasional yang bertanggung jawab untuk operating decision maker, which is responsible for
mengalokasikan sumber daya ke segmen tertentu allocating resources to the reportable segments
dan melakukan penilaian atas kinerjanya. Seluruh and assessing its performance. All operating
segmen operasi yang digunakan oleh Bank telah segments used by the Bank meet the definition
memenuhi kriteria pelaporan. of a reportable segment.
Informasi segmen operasi pada Bank Operating segment information on the Bank
mempertimbangkan aktivitas bisnis dan industri considers the business activity and industry, based
berdasarkan segmen usaha dan geografis. on business and geographical segments.
Bank mempertimbangkan pendanaan ritel, The Bank considers the retail funding, loan and
pinjaman dan ekspor impor, serta treasury sebagai export import and treasury as the operating
informasi segmen operasi atas segmen usaha. segment information on business segments.
Pendanaan ritel atas segmen usaha, merupakan Retail funding on business segment constitutes
pendanaan yang diberikan oleh Bank kepada funding provided by the Bank to retail customers
nasabah ritel dalam skala segmen; kecil, sedang on a segment scale; small, medium and
dan konsumen. consumers.
Pinjaman dan ekspor impor memperoleh Loan and export import earn its revenues from the
pendapatan dari: following:
Pendapatan dan beban Bank atas pinjaman yang Revenues and expenses on bank loans, which are
diberikan yang didasarkan atas penggunaannya based on the usage are working capital loan,
yaitu kredit modal kerja, investasi dan konsumen. investment and consumers. Sources of revenue
Pendapatan dan beban Bank atas pinjaman yang and expenses on bank loans mostly come from the
diberikan paling besar bersumber dari pinjaman loans for working capital in the Installment Loans,
yang diberikan untuk modal kerja baik dalam bentuk Demand Loans (KAP) and Current Accounts Loans
Kredit Angsuran Berjangka (KAB), Kredit Atas (KRK).
Permintaan (KAP) dan Kredit Rekening Koran
(KRK).
Pendapatan dan beban ekspor impor yang Export import revenues and expenses are derived
diperoleh berasal dari Surat Kredit Berdokumen from Domestic Letter of Credit (SKBDN), Export
Dalam Negeri (SKBDN), Wesel Ekspor Impor dan Import Notes and Letter of Credit (L/C).
Letter of Credit (L/C).
Pendapatan dan beban yang berasal dari treasury, Treasury derives its revenue and expenses from
diperoleh dari surat berharga pendapatan tetap dan fixed income marketable securities and foreign
transaksi valuta asing. exchange transactions.
Bank mempertimbangkan daerah Jakarta, Jawa, The Bank considers the areas such as Jakarta,
Sumatera, Sulawesi, Bali dan Kalimantan sebagai Java, Sumatera, Sulawesi, Bali and Kalimantan as
segmen geografis. geographical segments.

121

44. INFORMASI SEGMEN OPERASI (lanjutan) 44. OPERATING SEGMENT INFORMATION

(continued)
a. Segmen Usaha a. Business Segment
Untuk tujuan pelaporan manajemen, segmen The details outlined below are business segment
usaha Bank dibagi menjadi pendanaan retail, information of the Bank based on business
pinjaman, ekspor impor dan treasury. Klasifikasi activities consisting of retail funding, loans,
tersebut menjadi dasar pelaporan informasi export import and treasury. The Bank used this
segmen primer Bank. classification as the basis of its primary segment
report.
2018
Pinjaman dan
Ekspor Impor/
Pinjaman Retail/ Loan and Export Treasury/ Total/
Retail Funding Import Treasury Total
Pendapatan Income
Pendapatan bunga
(Catatan 29) 36 1.208.214 218.563 1.426.813 Interest income (Note 29)
Pendapatan operasional Other operating
lainnya 25.820 7.059 58.874 91.753 income
Total 25.856 1.215.273 277.437 1.518.566 Total
Beban Expenses
Beban bunga (Catatan 30) (876.815) (38) (158.419) (1.035.272) Interest expenses (Note 30)
Beban operasional Other operating
lainnya (734.520) (37.916) (16.033) (788.469) expenses
Total (1.611.335) (37.954) (174.452) (1.823.741) Total
Pendapatan (beban) Income (expenses)
segmen - neto (1.585.479) 1.177.319 102.985 (305.175) of segment - net
Pendapatan non-operasional
(Catatan 35) 18.188 Non-operating income (Note 35)
Beban non-operasional Non-operating expenses
(Catatan 36) (116.594) (Note 36)
Laba sebelum
pajak penghasilan (403.581) Profit b efore income tax
Beban pajak penghasilan Deferred income tax
tangguhan (Catatan 37b) 2.480 b enefit (Note 37b )
Rugi neto tahun berjalan (401.101) Net loss for the year
Total aset 17.823.669 Total assets
Persentase dari total aset (2,25%) Percentage to total assets
Total liabilitas 16.508.766 Total liab ilities
Persentase dari total liabilitas (2,43%) Percentage to total liab ilities
2018
Pinjaman dan
Ekspor Impor/
Kredit Retail/ Loan and Export Treasury/ Total/
Aset Assets
Aset segmen 1.559.148 10.597.149 5.265.291 17.421.588 Segment assets
Aset yang belum Unallocated
dialokasikan 402.081 assets
Liabilitas segmen 14.325.627 17.186 2.110.681 16.453.494 Segment liab ilities
Liabilitas yang belum Unallocated
dialokasikan 55.272 liab ilities
Total liabilitas 16.508.766 Total liabilities

122


(continued)
a. Segmen Usaha (lanjutan) a. Business Segment (continued)
2017
Pinjaman dan
Ekspor Impor/
Pendapatan Income
Pendapatan bunga
(Catatan 29) - 1.354.474 146.172 1.500.646 Interest income (Note 29)
Pendapatan operasional Other operating
lainnya 58.196 3.257 75.866 137.319 income
Total 58.196 1.357.731 222.038 1.637.965 Total
Beban Expenses
Beban bunga (Catatan 30) (924.308) (34) (92.703) (1.017.045) Interest expenses (Note 30)
Beban operasional Other operating
lainnya (250.665) (162.802) (94.468) (507.935) expenses
Total (1.174.973) (162.836) (187.171) (1.524.980) Total
Pendapatan (beban) Income (expenses)
segmen - neto (1.116.777) 1.194.895 34.867 112.985 of segment - net
Pendapatan non-operasional
(Catatan 35) 103.992 Non-operating income (Note 35)
Beban non-operasional Non-operating expenses
(Catatan 36) (98.578) (Note 36)
Laba sebelum beban pajak
penghasilan 118.399 Profit b efore income tax
Beban pajak penghasilan Deferred income tax
tangguhan (Catatan 37b) 3.135 b enefit (Note 37b )
Laba tahun berjalan 121.534 Net profit for the year
Persentase dari total aset 0,71% Percentage to total assets
Total liabilitas 15.658.857 Total liab ilities
Persentase dari total liabilitas 0,78% Percentage to total liab ilities
2017
Pinjaman dan
Ekspor Impor/
Aset Assets
Aset segmen 529.593 11.483.161 4.603.430 16.616.184 Segment assets
Aset yang belum Unallocated
dialokasikan 554.997 assets
Liabilitas segmen 14.134.509 6.019 1.486.651 15.627.179 Segment liab ilities
Liabilitas yang belum Unallocated
dialokasikan 31.678 liab ilities
Total liabilitas 15.658.857 Total liabilities

123


(continued)
b. Segmen Geografis b. Geographical Segment
Informasi segmen geografis adalah sebagai The geographical segment information is as

berikut: follows:
2018
Keterangan Jakarta Jawa Sumatera Sulawesi Bali Kalimantan Total Description
Pendapatan: Income:
Pendapatan Interest income
bunga dan and other
operasional operating
lainnya 907.532 446.048 98.834 41.379 23.512 1.261 1.518.566 income
Beban: Expenses:
Beban bunga dan Interest and
operasional other operating
lainnya (1.151.234) (370.938) (190.409) (21.019) (77.412) (12.729) (1.823.741) expenses
Laba (rugi) Profit (loss) from

operasional (243.702) 75.110 (91.575) 20.360 (53.900) (11.468) (305.175) operations
Laba (rugi) tahun Profit (loss) for

berjalan (306.539) 40.876 (91.540) 21.500 (53.909) (11.489) (401.101) the year
Total aset** 12.740.799 3.337.318 1.064.759 255.792 278.909 20.769 17.698.346 Total assets**
2017
Keterangan Jakarta Jawa Sumatera Sulawesi Bali Kalimantan Total Description
Pendapatan: Income:
Pendapatan Interest income
bunga dan and other
operasional operating
lainnya 1.020.860 492.601 70.297 21.321 31.847 1.039 1.637.965 income
Beban: Expenses:
Beban bunga dan Interest and
operasional other operating
lainnya (1.104.163) (193.658) (168.408) (36.520) (15.830) (6.401) (1.524.980) expenses
Laba (rugi) Profit (loss) from

operasional (83.303) 298.943 (98.111) (15.199) 16.017 (5.362) 112.985 operations
Laba (rugi) tahun Profit (loss) for

berjalan (93.627) 212.788 7.395 (2.432) (1.524) (1.066) 121.534 the year
Total aset** 11.600.257 4.013.993 900.194 224.929 344.284 14.579 17.098.236 Total assets**
** Total aset tidak termasuk aset pajak tangguhan/Total assets excluding deferred tax assets

124

45. MANAJEMEN RISIKO 45. RISK MANAGEMENT
I. Kerangka Manajemen Risiko I. Risk Management Framework
Penerapan kerangka manajemen risiko pada The implementation of risk management

Bank berpedoman pada Peraturan Otoritas Jasa framework in Bank is based on
Keuangan (POJK) No. 18/POJK.03/2016 the Financial Services Authority regulation
tanggal 16 Maret 2016 tentang Penerapan (POJK) No. 18/POJK.03/2016 dated March 16,
Manajemen Risiko Bagi Bank Umum dan Surat 2016 about Financial Services Authority
Edaran Otoritas Jasa Keuangan (SEOJK) regulations (SEOJK) No. 34/SEOJK.03/2016
No. 34/SEOJK.03/2016 tanggal 1 September dated September 1, 2016 regarding the
2016 tentang penerapan manajemen risiko bagi implementation of risk management for
Bank Umum, secara internasional berpedoman Commercial Banks and the use of the
pada dokumen dari Basel Committee on international guidelines of Basel Committee on
Banking Supervision (BCBS). Banking Supervision (BCBS).
Penerapan manajemen risiko didasari oleh The implementation of risk management is

kebutuhan akan keseimbangan fungsi bisnis based on the need to balance the business
dengan pengelolaan risiko, dimana manajemen function with risk management, where the risk
risiko menjadi strategic partner dari unit bisnis management is becoming a strategic partner for
untuk mengoptimalkan pendapatan dari unit the business units to optimize the revenue from
bisnis secara keseluruhan. the business units as a whole.
Kerangka manajemen risiko Bank mencakup The Bank’s risk management framework covers
keseluruhan lingkup aktivitas usaha, transaksi the entire scope of business activities,
dan produk Bank termasuk produk atau aktivitas transactions and bank products, including new
baru berdasarkan pada prinsip-prinsip dasar products or activities based on the applicable
pengelolaan risiko yang berlaku dengan basic principles of risk management to maintain
menjaga keseimbangan antara fungsi a balance between the effective business control
pengendalian usaha yang efektif serta kebijakan functions and a clear policy in business
yang jelas dalam pengelolaan risiko. management.
Kerangka dasar manajemen risiko Bank The basic framework of risk management is
merupakan bagian integral dari proses an integral part of the risk management process
manajemen risiko dalam pengelolaan bisnis dan in management of business and operations of
operasional Bank yang meliputi 4 (empat) pilar the Bank, which includes 4 (four) pillars as
yaitu: follows:
1. Pengawasan aktif Direksi dan Dewan 1. Directors and Boards of Commissioners

Komisaris Active Supervision
a. Dewan Komisaris dan Direksi a. The Boards of Commissioners and

bertanggung jawab atas efektivitas Directors are responsible for the
penerapan manajemen risiko di effectiveness of risk management
Bank serta memastikan penerapan implementation in the Bank and to
manajemen risiko telah memadai sesuai ensure its adequate implementation
dengan karakteristik, kompleksitas dan according to the Bank’s characteristics,
profil risiko Bank. complexity and risk profile.
b. Untuk pelaksanaan tugas dan tanggung b. To support its duties and responsibilities,
jawabnya, Direksi membentuk Komite the Board of Directors established the
sebagai berikut: following Committees:
- Komite Pemantau Risiko - Risk Monitoring Committee

- Komite Audit - Audit Committee
- Komite Remunerasi dan Nominasi - Remuneration and Nomination
Committee

125

45. MANAJEMEN RISIKO (lanjutan) 45. RISK MANAGEMENT (continued)
I. Kerangka Manajemen Risiko (lanjutan) I. Risk Management Framework (continued)
1. Pengawasan aktif Direksi dan Dewan 1. Directors and Boards of Commissioners

Komisaris (lanjutan) Active Supervision (continued)
c. Untuk pelaksanaan tugas dan tanggung c. To support its duties and responsibilities,
jawabnya, Direksi membentuk Komite the Board of Directors formed a Risk
Manajemen Risiko (KMR). Management Committee (RMC).
Direksi membentuk Assets and Liabilites The Board of Directors established

Committee (ALCO) yang bertanggung Assets and Liabilities Committee (ALCO)
jawab dalam menetapkan strategi dalam which is responsible for determining
pengelolaan aset dan liabilitas Bank strategy in the management of the
sesuai dengan ketentuan yang berlaku. Bank’s assets and liabilities in
accordance with applicable regulations.
d. Untuk pengendalian internal, Direksi d. For internal control, the Board of

membentuk Satuan Kerja Audit Intern, Directors established the Internal Audit
sedangkan Divisi Satuan Kerja Unit, while the Risk Management Unit
Manajemen Risiko berfungsi untuk has a function for identifying, measuring,
identifikasi, pengukuran, pemantauan, monitoring and controlling risk.
dan pengendalian risiko.
Direksi membentuk Satuan Kerja The Board of Directors established a

Kepatuhan yang berfungsi memastikan Compliance Unit which has a function to
fungsi kepatuhan Bank. ensure the Bank’s compliance function.
2. Kecukupan kebijakan, prosedur dan 2. Sufficiency of policy, procedure and limit

penetapan limit setting
a. Seluruh aktivitas Bank dan setiap a. All of the Bank’s activities and any
produk/jasa Bank harus memiliki products/services should have a clear
pedoman dan prosedur yang ditetapkan guideline and procedure which is in line
secara jelas dan cakupannya sejalan with the Bank’s vision, mission and
dengan visi, misi dan strategi bisnis business strategy.
Bank.
b. Kebijakan Umum Manajemen Risiko b. The Risk Management General Policy

disusun untuk memenuhi perkembangan is prepared to meet the latest
terkini dalam industri perbankan yang developments of banking industry which
berpengaruh pada semakin kompleksnya affects complexity of the risk in the
risiko kegiatan usaha Bank. Bank’s business activities.
c. Kebijakan Umum Manajemen Risiko c. The Risk Management General Policy is

tersebut secara terus menerus akan continuously being upgraded for the
disesuaikan dengan perubahan changes in the rules and regulations of
peraturan dan ketentuan dari regulator external/internal regulator as well.
eksternal/regulator internal.
3. Kecukupan proses identifikasi, pengukuran, 3. Sufficiency of the identification of processes,

pemantauan dan pengendalian risiko, serta measurement, monitoring and risk control,
sistem informasi manajemen risiko. as well as management of information
system risks.
4. Sistem pengendalian internal yang efektif 4. Effective internal control system in the
dalam pelaksanaan kegiatan operasional implementation of the Bank’s operations.
Bank.

126

I. Kerangka Manajemen Risiko (lanjutan) I. Risk Management Framework (continued)
Sistem pengendalian internal Bank yang andal A reliable and effective internal control system
dan efektif menjadi tanggung jawab dari seluruh of the Bank is the responsibility of all
unit kerja operasional dan unit kerja pendukung operational and supporting units as well as
serta satuan kerja audit intern. internal audit division.
Penerapan manajemen risiko di Bank telah Implementation of risk management in Bank

dituangkan dalam beberapa kebijakan dan has been prepared under policies and
prosedur, antara lain Kebijakan Umum procedures, among others such an General
Manajemen Risiko (KUMR). KUMR sebagai Policy of Risk Management (KUMR). KUMR as
kebijakan tertinggi dalam memberikan arahan the highest policy to provide direction and
kebijakan pengelolaan dan pengendalian risiko control policy of risk management in order to
dalam rangka mengamankan Bank atas risiko secure the Bank from its business risk activities.
yang dihadapi dalam aktivitas bisnisnya.
Dalam rangka penerapan manajemen risiko dan In the implementation of risk management and
tata kelola yang efektif, Bank telah menetapkan effective corporate governance, the Bank has
struktur manajemen risiko disertai dengan tugas determined the structure of risk management
dan tanggung jawab pada seluruh satuan kerja along with the duties and responsibilities in all
yang disesuaikan dengan tujuan dan kebijakan units adapted to the objectives and policies of
usaha, ukuran dan kompleksitas kegiatan usaha the business, the size and complexity of
Bank. the Bank’s business activities.
II. Struktur Organisasi II. Organizational Structure
Dalam rangka penerapan manajemen risiko dan In the implementation of risk management and
tata kelola yang efektif, Bank telah menetapkan effective corporate governance, the Bank has to
struktur manajemen risiko disertai dengan tugas determine the structure of risk management
dan tanggung jawab pada seluruh satuan kerja along with the duties and responsibilities of all
yang disesuaikan dengan tujuan dan kebijakan units and to adapt the objectives and policies of
usaha, ukuran dan kompleksitas kegiatan usaha the business to the size and complexity of the
Bank. Bank’s business activities.
Dalam struktur pengawasan dan pengelolaan In the structure of supervision and risk
risiko Bank serta pelaksanaan Good Corporate management of the Bank as well as
Governance, Dewan Komisaris dibantu oleh the implementation of Good Corporate
Komite Pemantau Risiko (Risk Monitoring Governance, the Board of Commissioners is
Committee) di tingkat Komisaris dan di tingkat supported by the Risk Monitoring Committee at
Direksi dibantu oleh KMR. the Commissioner level and the Board of
Directors level is supported by RMC.
KMR memiliki tugas dan tanggung jawab untuk The RMC has duties and responsibilities to
menyusun dan menyesuaikan kebijakan strategi prepare and enhance strategy, policies and
serta pedoman penerapan manajemen risiko guidelines for the implementation of risk
serta untuk memastikan bahwa pelaksanaan management and to ensure that implementation
proses dan sistem manajemen risiko berjalan of the processes and systems of risk
efektif, mengevaluasi perkembangan dan kondisi management are effective, to evaluate the
profil risiko, serta memberikan saran-saran dan development of risk profiles and conditions, as
langkah-langkah perbaikan untuk membahas well as to provide suggestions and remedial
permasalahan yang spesifik pada jenis risiko measures to address the issues that are
tertentu dan membutuhkan putusan segera specific to certain types of risk and require
dengan dilakukan rapat KMR yang bersifat immediate decision by conducting limited
terbatas. RMC’s meetings.

127

III. Profil Risiko III. Risk Profile
Bank menyadari bahwa untuk mempertahankan The Bank realized that in order to maintain and
dan meningkatkan kinerja yang baik, maka improve good performance, the risk exposures
risiko-risiko yang dihadapi perlu dikendalikan need to be controlled properly, where in
secara baik, dimana di dalam kegiatannya its business activities there is always
selalu terdapat risiko yang melekat (inherent), an inherent risk, which are the credit risk,
yaitu dalam bentuk risiko kredit, risiko likuiditas, liquidity risk, market risk, operational risk, legal
risiko pasar, risiko operasional, risiko hukum, risk, reputation risk, strategic risk and
risiko reputasi, risiko strategis dan risiko compliance risk. The details of these risks are
kepatuhan. Rincian risiko-risiko tersebut adalah as follows:
sebagai berikut:
(i) Risiko kredit (i) Credit risk
Risiko kredit adalah risiko yang timbul Credit risk is risk arising from the loss or
sebagai akibat kegagalan atau potensi potential loss of the customers/counterparty
kegagalan nasabah/counterparty dalam to fulfill its obligations in accordance with the
memenuhi kewajibannya secara penuh agreement, either due to inability, delibrate
sesuai perjanjian, baik karena tidak mampu intention to default or other causes, which
ataupun tidak memiliki niat baik atau karena results for the Bank to suffer losses.
sebab-sebab lain, sehingga Bank mengalami
kerugian.
1. Eksposur maksimum terhadap risiko 1. Maximum exposure to credit risk

kredit
Tabel berikut menyajikan eksposur The following table presents the

maksimum terhadap risiko kredit untuk maximum exposure to credit risk on the
instrumen keuangan pada laporan posisi statement of financial position and
keuangan dan rekening administratif administrative accounts, without taking
tanpa memperhitungkan agunan yang into account any collateral held or other
dimiliki atau perlindungan kredit lainnya. credit enhancement.
2018 2017
Laporan posisi keuangan Statement of financial position

Giro pada Bank Indonesia 803.124 885.824 Current accounts with Bank Indonesia
Giro pada bank lain 249.546 264.140 Current accounts with other b anks
Penempatan pada Placements with
Bank Indonesia dan bank lain 649.905 514.950 Bank Indonesia and other b anks
Surat-surat berharga 3.562.738 2.938.516 Marketab le securities
Tagihan derivatif 11.324 810 Derivative receivab les
Pinjaman yang diberikan 10.129.117 11.281.861 Loans
Tagihan akseptasi 102.188 100.901 Acceptance receivab les
masih akan diterima 102.992 99.588 Accrued interest income
Total 15.626.978 16.102.648 Total

128

III. Profil Risiko (lanjutan) III. Risk Profile (continued)
(i) Risiko kredit (lanjutan) (i) Credit risk (continued)
1. Eksposur maksimum terhadap risiko 1. Maximum exposure to credit risk

kredit (lanjutan) (continued)
Eksposur risiko kredit terhadap rekening Credit risk exposures relating to

administratif pada tanggal 31 Desember administrative accounts items as of
2018 dan 2017 adalah sebagai berikut: December 31, 2018 and 2017 are as
follows:
2018 2017
Rekening administratif Administrative accounts

Bank garansi yang diterbitkan (474.000) (611.695) Bank guarantees issued
Fasilitas pinjaman yang
belum digunakan (327.172) (351.543) Unused loans facilities
L/C yang masih beredar (6.156) (20.978) Outstanding irrevocab le L/C
Total (807.328) (984.216) Total
Eksposur maksimum pada tanggal The maximum exposure as of

31 Desember 2018 dan 2017 yang December 31, 2018 and 2017 which is
berasal dari pinjaman yang diberikan derived from loans is 64.82% and
yaitu masing-masing sebesar 64,82% 70.06%, respectively.
dan 70,06%.
2. Konsentrasi risiko kredit 2. Concentration of credit risk
Pengungkapan konsentrasi risiko kredit The disclosure on the gross maximum

maksimum dalam jumlah bruto credit risk concentration by industry
berdasarkan sektor industri adalah sector is as follows:
sebagai berikut:
2018
Perusahaan Lainnya
Jasa-jasa dan Perorangan/
Pemerintah/ Bank/ Perindustrian/ Dunia Usaha/ Other Companies
Government Bank Manufacturing Business Services and Individuals Total
Giro pada Current accounts with

Bank Indonesia 803.124 - - - - 803.124 Bank Indonesia
Current accounts with
Giro pada bank lain - 250.330 - - - 250.330 other b anks
Bank Indonesia Bank Indonesia
dan bank lain 649.905 - - - - 649.905 and other b anks
Surat-surat berharga 2.836.940 - - - 725.798 3.562.738 Marketab le securities
Tagihan derivatif - 11.324 - - - 11.324 Derivative receivab les
Pinjaman yang diberikan - 104.847 - 9.343.433 810.775 10.259.055 Loans
Tagihan akseptasi - - - 36.759 612.372 649.131 Acceptance receivab les
Pendapatan bunga Accrued
yang masih akan interest
diterima 18.908 23.565 - 58.520 1.999 102.992 income
Aset lain-lain 9.343 - - - 6.701 16.044 Other assets
Total 4.318.220 390.066 - 9.438.712 2.157.645 16.304.643 Total

129

2. Konsentrasi risiko kredit (lanjutan) 2. Concentration of credit risk (continued)
2017
Perusahaan Lainnya
Jasa-jasa dan Perorangan/
Pemerintah/ Bank/ Perindustrian/ Dunia Usaha/ Other Companies
Government Bank Manufacturing Business Services and Individuals Total

Giro pada bank lain - 264.914 - - - 264.914 other b anks
dan bank lain 514.950 - - - - 514.950 and other b anks
Surat-surat berharga 2.418.287 - - - 520.229 2.938.516 Marketab le securities
Tagihan derivatif - 810 - - - 810 Derivative receivab les
Pinjaman yang diberikan - - 2.939.004 76.211 8.453.678 11.468.893 Loans
Tagihan akseptasi - - - 39.169 577.772 616.941 Acceptance receivab les
Pendapatan bunga Accrued
yang masih akan interest
diterima 185 16.772 - 73.949 8.682 99.588 income
Aset lain-lain 9.343 - - - 6.715 16.058 Other assets
Total 3.828.589 282.496 2.939.004 189.329 9.567.076 16.806.494 Total
Eksposur risiko kredit atas rekening Credit risk exposures relating

administratif pada tanggal 31 Desember to administrative accounts as of
follows:
2018
Lembaga
keuangan
Pemerintah bukan bank/
(Termasuk BI)/ Non-bank
Government Bank/ financial Perusahaan/ Perorangan/
Keterangan (Including BI) Bank instituion Corporate Individual Total Description
Rekening Administrative
administratif accounts
Bank garansi Bank guarantees
yang diterbitkan - - - 191.464 282.536 474.000 issued
Fasilitas Pinjaman Unused loans
yang belum digunakan - 10 - 327.162 - 327.172 facilities
L/C yang masih Outstanding irrevocab le
beredar - - - 6.156 - 6.156 L/C
Total - 10 - 524.782 282.536 807.328 Total
2017
Lembaga
keuangan
Pemerintah bukan bank/
(Termasuk BI)/ Non-bank
Government Bank/ financial Perusahaan/ Perorangan/
Keterangan (Including BI) Bank instituion Corporate Individual Total Description
Rekening Administrative
administratif accounts
Bank garansi Bank guarantees
yang diterbitkan - - 100 379.201 232.394 611.695 issued
Fasilitas Pinjaman Unused loans
yang belum digunakan - 12 - 346.678 4.853 351.543 facilities
L/C yang masih Outstanding irrevocab le
beredar - - - 20.978 - 20.978 L/C
Total - 12 100 746.857 237.247 984.216 Total

130

Pengungkapan konsentrasi risiko kredit The disclosure on the gross maximum

maksimum dalam jumlah bruto credit risk concentration by geography is
berdasarkan letak geografis adalah as follows:
sebagai berikut:
2018
Luar DKI Jakarta/
DKI Jakarta/ Outside of
Special City Special City
of Jakarta of Jakarta Total
Aset Assets
Giro pada Bank Indonesia 803.124 - 803.124 Current accounts with Bank Indonesia
Giro pada bank lain 250.330 - 250.330 Current accounts with other b anks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 649.905 - 649.905 and other b anks
Surat-surat berharga 3.562.738 - 3.562.738 Marketab le securities
Tagihan derivatif 11.324 - 11.324 Derivative receivab les
Pinjaman yang diberikan 6.105.371 4.153.684 10.259.055 Loans
Tagihan akseptasi 649.131 - 649.131 Acceptance receivab les
Pendapatan bunga yang Accrued
masih akan diterima 72.939 30.053 102.992 interest income
Aset lain-lain 16.044 - 16.044 Other assets
2017
Luar DKI Jakarta/
of Jakarta of Jakarta Total
Aset Assets
Giro pada Bank Indonesia 885.824 - 885.824 Current accounts with Bank Indonesia
Giro pada bank lain 264.914 - 264.914 Current accounts with other b anks
Penempatan pada Bank Placements with Bank Indonesia
Indonesia dan bank lain 514.950 - 514.950 and other b anks
Surat-surat berharga 2.938.516 - 2.938.516 Marketab le securities
Tagihan derivatif 810 - 810 Derivative receivab les
Pinjaman yang diberikan 6.770.721 4.698.172 11.468.893 Loans
Tagihan akseptasi 616.941 - 616.941 Acceptance receivab les
Pendapatan bunga yang Accrued
masih akan diterima 56.419 43.169 99.588 interest income
Aset lain-lain 16.058 - 16.058 Other assets

131

Eksposur risiko kredit atas rekening The exposures relating to credit risk of
administratif pada tanggal 31 Desember administrative accounts as of
follows:
2018
Luar
DKI Jakarta/
Keterangan of Jakarta of Jakarta Total Description

Bank garansi yang diterbitkan 474.000 - 474.000 Bank guarantees issued
belum digunakan 136.589 190.583 327.172 Unused loans facilities
L/C yang masih beredar 6.156 - 6.156 Outstanding irrevocable L/C
Total 616.745 190.583 807.328 Total
2017
Luar
DKI Jakarta/
Keterangan of Jakarta of Jakarta Total Description

Bank garansi yang diterbitkan 611.695 - 611.695 Bank guarantees issued
belum digunakan 162.700 188.843 351.543 Unused loans facilities
L/C yang masih beredar 20.978 - 20.978 Outstanding irrevocable L/C
Total 795.373 188.843 984.216 Total
Pengungkapan konsentrasi risiko kredit The disclosure on the maximum credit

maksimum berdasarkan sektor ekonomi risk concentration by economic sector
yang terdapat pada pinjaman yang on loans is as follows:
diberikan adalah sebagai berikut:
2018 2017
Sektor ekonomi Economic sector
Industri pengolahan 2.644.452 25,78% 2.939.004 25,62% Processing industry
Perdagangan besar dan eceran 2.292.760 22,35% 2.727.395 23,78% Wholesaler and retailer
Rumah tangga 1.519.528 14,81% 1.562.264 13,62% Household
Perantara keuangan 1.246.475 12,15% 1.432.156 12,49% Financial agent
makanan dan minuman 611.968 5,97% 979.115 8,54% food and beverages
Real estate , usaha persewaan Real estate, rental
dan jasa perusahaan 545.537 5,32% 480.014 4,18% and services
dan komunikasi 533.739 5,20% 777.344 6,78% and communication
Konstruksi 496.438 4,84% 385.002 3,36% Constructions
Pertambangan 115.491 1,12% 65.368 0,57% Mining
Pertanian, perburuan dan Agribusiness, hunting and
kehutanan 71.837 0,70% 9.071 0,08% forestry
Jasa 52.079 0,51% 97.273 0,85% Services
Perikanan 14.956 0,14% 14.887 0,13% Fishery
Lain-lain 113.795 1,11% - - Others
Total 10.259.055 100% 11.468.893 100% Total

132

Pengungkapan konsentrasi risiko kredit The disclosure on the maximum

maksimum berdasarkan kelompok debitur credit risk concentration by debtor
adalah sebagai berikut: classification is as follows:
2018 2017
Kategori debitur Debtor classification

Komersial 8.739.528 85,19% 9.906.627 86,38% Commercial
Konsumen 1.519.527 14,81% 1.562.266 13,62% Consumer
Total 10.259.055 100,00% 11.468.893 100,00% Total
Pengungkapan risiko kredit maksimum The details of maximum credit risks by

berdasarkan sektor ekonomi adalah economic sector are before the effect of
sebelum efek mitigasi melalui master mitigation through the use of master
netting dan/atau perjanjian jaminan. netting and/or collateral agreements.
Apabila instrumen keuangan dicatat Where financial instruments are
berdasarkan nilai wajar, angka yang recorded at fair value, the amounts
ditunjukkan mencerminkan pengungkapan shown represent the current credit risk
risiko kredit saat ini tetapi bukan exposure but not the maximum risk
pengungkapan risiko maksimal yang exposure that could arise in the future
dapat timbul di masa yang akan datang as a result of changes in value.
sebagai akibat perubahan nilai.
Beberapa langkah yang telah dilakukan There are several actions which have
untuk mengantisipasi risiko kredit adalah: been taken to anticipate the credit risk:
a. Pengelolaan Risiko Kredit dilakukan a. The Credit Risk Management is

dengan penerapan Four Eyes applied by implementing Four Eyes
Principles merupakan prinsip utama Principles in which it serves as
yang mendasari pengambilan a main principle to decide approval of
keputusan kredit dengan melibatkan credit proposal with the involvement
unit Bisnis dan unit Credit Risk of Business Units and Credit
Review (CRR) yang saling Risk Review, which are working
independen satu sama lain dengan independently with different authority
pemisahan wewenang dan and responsibility, as follows:
tanggungjawab, sebagai berikut:
- Divisi Bisnis adalah unit bisnis - Business Division is a business

yang melaksanakan usulan unit to propose a credit granting or
pemberian kredit atau funding availability;
penyediaan dana;
- Divisi Credit Risk Review (CRR) - Credit Risk Review Division
adalah unit yang melakukan riviu (CRR) is a unit which reviews
Nota Analisa Kredit dan hasilnya Credit Memorandum Notes and
dalam bentuk Analisa Risiko dan results in Risk Analysis and
Rekomendasi (ARR) serta Recommendation (ARR) and
dilengkapi kewenangan dalam is authorized within certain limits
batas limit tertentu untuk to approve or reject proposals
menyetujui atau menolak proposed by the Business
proposal yang diusulkan oleh Division;
Divisi Bisnis;

133

- Divisi Compliance dan Divisi - Compliance Division and

Corporate Legal and Litigation, Corporate Legal and Litigation
serta Credit Administration Division, and Credit
Division sebagai Non-Voting Administration Division as Non-
Member dalam pemberian opini Voting Member in providing
kepatuhan, legal, dan compliance, legal, and operational
operasional dalam mekanisme opinion in the credit committee
komite kredit; mechanism;
- Remedial Management dan - Remedial Management and
Credit Reposition Division Credit Reposition Division (RCC)
(RCC) berfungsi melakukan functions to handle the debtors
penanganan debitur kualitas with credit collectability of 2 (two)
kredit 2 (dua) agar tidak in order not to potentially become
berpotensi menjadi Non- a Non-Performing Loans (NPL),
Performing Loans (NPL), dan and to save credit by
penyelamatan kredit dengan rescheduling, reconditioning and
rescheduling, reconditioning dan restructuring;
restructuring;
- Collection and Asset Recovery - Collection and Asset Recovery
Division (CAR) berfungsi Division (CAR) functions to
melakukan penanganan debitur handle the debtors with credit
dengan tingkat kolektibilitas collectability of 2 (two) in order not
2 (dua) dengan tujuan agar tidak to potentially become a Non-
berpotensi menjadi debitur Performing Loans (NPL) by
bermasalah (NPL) dengan selling collateral etc, and the
penjualan agunan dll, dan assets settlement;
penyelesaian aset bermasalah;
- Satuan Kerja Manajemen - Risk Management Unit (SKMR)
Risiko (SKMR) berfungsi function as an independent unit to
sebagai unit independen identify, measure and monitor
yang melakukan identifikasi, credit risk by implementing
pengukuran, memantau risiko a prudent banking policy; and
kredit dengan berpegang pada
prudent banking policy; dan
- Komite Kredit mengevaluasi - Credit Committee evaluates the
mekanisme proses persetujuan process of credit approval in
kredit sesuai dengan Batas dan accordance with the authority and
Wewenang Memutus Kredit yang limits assigned by the Board of
telah ditetapkan oleh Direksi. Directors.
b. Melakukan penetapan limit/batas b. Setting up of credit limits/level of

wewenang untuk memutuskan kredit authority to approve credit are being
yang diriviu secara berkala. evaluated on a regular basis.
c. Melakukan penyempurnaan terhadap c. Limitation of Credit Authority

proses kredit Bank antara lain (BWMK) makes improvement to the
perihal Batas Wewenang Memutus Bank’s process of evaluation of
Kredit (BWMK) sehingga proses granting credits so that the credit
pengambilan keputusan kredit decision-making processes will be
berjalan lebih cepat namun tetap faster but still guided by the
berpedoman terhadap asas prudent principles of prudent banking.
banking.

134

Beberapa langkah yang telah dilakukan There are several actions which have
untuk mengantisipasi risiko kredit adalah: been taken to anticipate the credit risk:
d. Melengkapi Bank dengan Kebijakan d. Complementing the Bank with the

Perkreditan dan Pedoman Credit Policy and Credit Manual
Pelaksanaan Kredit yang secara which are regularly being reviewed
berkala dilakukan peninjauan and also to complement and
kembali, selain itu terus melengkapi enhance the Standard Operating
dan menyempurnakan Standard Procedure for granting credits.
Operating Procedure bidang
perkreditan.
e. Melakukan monitoring terhadap e. Monitoring of the Bank’s loans
portofolio Bank, yang dilakukan portfolio, which covers under
antara lain terhadap segmentasi segment of credit, credit quality, as
kredit, kualitas kredit, serta terhadap well as the top 25 (twenty five)
25 (dua puluh lima) debitur inti. debtors.
f. Melakukan penyempurnaan atas f. Improving of Credit Analysis
Nota Analisa Kredit yang disertakan Memorandum and with attached
dengan spread sheet laporan financial statements spreadsheet.
keuangan.
g. Melakukan pembahasan rutin terkait g. Conducting regular discussions
dengan permasalahan di bidang related to the problems of
perkreditan termasuk didalamnya outstanding loans, which includes
mengenai kredit bermasalah Non-Performing Loans.
(Non-Performing Loans).
h. Melakukan perbaikan pada h. Improving the Non-Performing Loans
Non-Performing Loans, dengan by resolving the problems of non-
melakukan penyelesaian kredit bagi performing debtors.
debitur yang bermasalah.
i. Melakukan penyusunan portofolio i. Preparing the loan portfolio by
pinjaman per sektor industri yang industry sector which is used to
digunakan untuk menyusun Industry compile the Industry Code and
Code and Catalogues, dan Catalogues, and Recommendations
Rekomendasi Approved Industries of Approved Industries and Target
dan Target Market. Market.
j. Pemberian pinjaman dengan tidak j. Granting loan by considering the
mengabaikan BMPK, limit kredit dan Legal Lending Limit, credit limit and
konsentrasi kredit. concentration of credit.
Proses evaluasi pemberian pinjaman The credit granting evaluation process is

dilakukan dengan penentuan target market conducted initially by determining the target
terlebih dahulu, dengan memperhatikan market, and considering recommendation
industri outlook yang direkomendasikan from outlook of industry and attention to risk
serta memperhatikan risk appetite dan risk appetite and risk tolerance established by
tolerance yang ditetapkan manajemen Bank, the Bank’s management, and then
selanjutnya melakukan analisis kredit conducting evaluation and credit analysis
termasuk di dalamnya melakukan BI including BI Checking and Trade Checking,
Checking dan Trade Checking, pengajuan submission to Credit Committee Meeting in
kepada Rapat Komite Kredit sesuai dengan accordance with the limit authority, followed
kewenangan masing-masing pemutus, by a decision on a credit application by the
ditindaklanjuti dengan memberikan Credit Committee Meeting.
keputusan atas permohonan pinjaman oleh
Rapat Komite Kredit.

135

Setelah adanya persetujuan pinjaman After approval of the loan, the debtor is
tersebut, maka Surat Penawaran Kredit proposed an Offering Letter of Credit, and
diberikan kepada debitur dan dilanjutkan continued by signing on the loan agreement,
dengan penandatanganan perjanjian binding of collateral and collateral
pinjaman, pengikatan agunan dan insurance. After the process is continued
penutupan asuransi agunan. Setelah proses with the documentation and credit
tersebut maka dilanjutkan dengan proses administration, funds are transferred,
dokumentasi dan administrasi kredit, followed by monitoring and reporting of
melakukan pencairan, dilanjutkan dengan credit.
monitoring serta pelaporan kredit.
Jaminan dan perlindungan kredit lainnya Collateral and other credit protection
Bank menerapkan berbagai kebijakan dan The Bank implements policies and practices
praktik untuk memitigasi risiko kredit. Praktik to mitigate the credit risk. The general
yang umum dilakukan adalah dengan banking practice is to secure collateral as an
meminta agunan sebagai uang muka. Bank advance. The Bank implements guidelines
menerapkan berbagai panduan atas on the acceptability of specific classes
jenis-jenis agunan yang dapat diterima of collateral or credit risk mitigation.
dalam rangka memitigasi risiko kredit. The principal types of collateral for loans are
Jenis-jenis agunan atas pinjaman yang as follows: mortgage over residential
diberikan antara lain adalah: hipotek atas properties, collaterals over business assets
properti hunian, agunan atas aset usaha such as land and buildings, inventories and
seperti tanah dan bangunan, persediaan dan accounts receivable and collaterals over
piutang usaha dan agunan atas instrumen financial instruments.
keuangan.
Kualitas kredit per golongan aset Credit quality per class of financial
keuangan assets
Kualitas kredit aset keuangan dikelola oleh On determining the credit quality of financial
Bank dengan menggunakan pedoman dari assets managed by the Bank, the Bank
Bank Indonesia. Kualitas kredit berdasarkan uses the guidance from Bank Indonesia.
golongan aset yang memiliki risiko kredit The credit quality by class of assets that has
mengacu pada hasil penilaian dari lembaga a credit risk refers to the assessment of
pemeringkat eksternal yang ditetapkan oleh external agencies as stipulated by Bank
Bank Indonesia. Indonesia.
Untuk tahun yang berakhir pada tanggal For the years ended December 31, 2018
31 Desember 2018 dan 2017, Bank and 2017, the Bank recognized loss on the
mengakui kerugian atas penjualan agunan sale of foreclosed assets amounting to nil
yang diambil alih masing-masing sebesar and Rp 1,241, respectively (Note 16).
nihil dan Rp 1.241 (Catatan 16).
Penilaian penurunan nilai Impairment assessment
Pertimbangan utama untuk penilaian The main considerations for the impairment
penurunan nilai pinjaman yang diberikan of loan includes any principal or interest
termasuk pembayaran-pembayaran pokok payment with default for more than
atau bunga yang menunggak lebih dari 90 (ninety) days or any problems or
90 (sembilan puluh) hari atau kesulitan atau breaches of loan agreement. The Bank
pelanggaran yang diketahui dari persyaratan implements evaluation of impairment
yang terdapat dalam kontrak. Bank assessment in 2 (two) areas: individually
melakukan penilaian penurunan nilai dalam assessed allowances and collectively
2 (dua) area: penilaian penyisihan assessed allowances.
penurunan nilai individual dan penilaian
penyisihan penurunan nilai kolektif.

136

Penilaian penyisihan penurunan nilai Individually assessed allowances

individual
Bank menentukan penyisihan secara The Bank provides the individual

individual untuk masing-masing aset allowances for each individually significant
keuangan pinjaman yang diberikan yang financial assets of loans. Items considered
signifikan secara individu. Beberapa hal when determining allowance include:
yang dipertimbangkan dalam menentukan
jumlah penyisihan antara lain mencakup:
(1) Kemungkinan rencana bisnis debitur; (1) The sustainability of the debtors’
business plan;
(2) Kemampuan untuk memperbaiki kinerja (2) Ability to improve performance once
setelah adanya kesulitan keuangan; a financial difficulty has arisen;
(3) Proyeksi penerimaan dan pembayaran (3) Projected cash receipt and the
apabila terjadi kebangkrutan; expected payout if debtor is bankrupt;
(4) Kemungkinan adanya sumber (4) The availability of other source of
pembayaran lainnya; dan payment; and
(5) Jumlah yang dapat direalisasikan atas (5) The realizable value of collateral and
jaminan dan ekspektasi waktu arus kas. the timing of expected cash flows.
Penilaian penyisihan penurunan nilai Collectively assessed allowances

kolektif
Penilaian penyisihan kerugian secara kolektif Allowances are assessed collectively for
dilakukan atas aset keuangan yang tidak losses on financial assets that are not
signifikan secara individu. individually significant.
Evaluasi penurunan nilai Impairment assessment
Tujuan dari Early Warning System Early Warning System is used by the Bank
digunakan untuk melakukan pemantauan to conduct credit monitoring to recognize
kredit agar dapat diketahui sedini mungkin as early as possible the event of
apabila terjadi penyimpangan/deviasi yang irregularities/deviations that could impact
dapat berdampak pada turunnya kualitas the decline of credit quality (collectibilities)
kredit (kolektibilitas) sehingga Bank dapat as soon as possible so that the Bank can
secepat mungkin mengambil langkah- take corrective measures to avoid suffering
langkah perbaikan sehingga Bank tidak losses.
mengalami kerugian.
Berikut beberapa hal yang menjadi warning Below are some indicators that serve as
signs atas diberlakukannya Early Warning warning signs on the implementation of the
System, sebagai berikut: Early Warning System, as follows:
a. Laporan keuangan a. Financial statements

b. Kondisi bisnis debitur b. Business conditions of debtor
c. Sikap debitur c. Attittude of debtor
d. Ekonomi makro d. Macro economy
Early Warning System atas debitur The Early Warning System on debtors are
dikategorikan menjadi 5 (lima) peringkat categorized into 5 (five) ranks of risk profile,
profil risiko, sebagai berikut: as follows:
a. Risiko tinggi a. High risk

b. Risiko menengah tinggi b. Medium to high risk
c. Risiko menengah c. Medium risk
d. Risiko menengah rendah d. Medium to low risk
e. Risiko rendah e. Low risk

137

Berikut ini adalah risiko kredit berdasarkan The following is credit risk based on
klasifikasi evaluasi penurunan nilai allowance for impairment losses
pada tanggal 31 Desember 2018 dan assessment classification as of
2017: December 31, 2018 and 2017:
Giro pada Bank Indonesia Current accounts with Bank Indonesia
2018
Tidak mengalami Mengalami
penurunan nilai/ penurunan nilai/
Non-impaired Impaired Total
Rupiah 693.759 - 693.759 Rupiah

Mata uang asing (Catatan 41) 109.365 - 109.365 Foreign currencies (Note 41)
Total 803.124 - 803.124 Total
2017
Rupiah 823.423 - 823.423 Rupiah

Mata uang asing (Catatan 41) 62.401 - 62.401 Foreign currencies (Note 41)
Total 885.824 - 885.824 Total
Giro pada bank lain Current accounts with other banks
2018
Rupiah 43.249 - 43.249 Rupiah

Mata uang asing (Catatan 41) 206.297 784 207.081 Foreign currencies (Note 41)
Total 249.546 784 250.330 Total
penurunan nilai - (784) (784) impairment losses
Neto 249.546 - 249.546 Net
2017

Mata uang asing (Catatan 41) 228.626 774 229.400 Foreign currencies (Note 41)
Total 264.140 774 264.914 Total
penurunan nilai - (774) (774) impairment losses
Neto 264.140 - 264.140 Net

138

Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and
bank lain other banks
2018
Rupiah Rupiah
Deposit Deposit
facility 649.905 - 649.905 facility
2017
Rupiah Rupiah
Deposit Deposit
facility 514.950 - 514.950 facility
2018
Tersedia untuk dijual 3.078.473 - 3.078.473 Availab le-for-sale

Diperdagangkan 484.265 - 484.265 Trading
Total 3.562.738 - 3.562.738 Total
2017
Tersedia untuk dijual 1.902.086 - 1.902.086 Availab le-for-sale

Diperdagangkan 1.036.430 - 1.036.430 Trading
Total 2.938.516 - 2.938.516 Total

139

2018
Kredit modal kerja 2.959.532 59.103 3.018.635 Working capital loans

Kredit rekening koran 1.750.338 61.585 1.811.923 Current accounts loans
Kredit ekspor impor 1.553.687 12.859 1.566.546 Export import loans
Kredit investasi 1.479.552 20.147 1.499.699 Investment loans
Kredit kendaraan bermotor 726.538 75.593 802.131 Vehicle loans
Kredit pemilikan rumah 259.262 9.242 268.504 Housing loans
Lain-lain 1.092.683 198.934 1.291.617 Others
Total 9.821.592 437.463 10.259.055 Total
penurunan nilai (12.645) (117.293) (129.938) impairment losses
Neto 9.808.947 320.170 10.129.117 Net
2017
Kredit modal kerja 2.790.975 35.669 2.826.644 Working capital loans

Kredit rekening koran 1.983.279 55.792 2.039.071 Current accounts loans
Kredit ekspor impor 1.786.751 10.556 1.797.307 Export import loans
Kredit investasi 1.661.450 18.332 1.679.782 Investment loans
Kredit kendaraan bermotor 748.349 76.624 824.973 Vehicle loans
Kredit pemilikan rumah 257.604 4.326 261.930 Housing loans
Lain-lain 1.903.676 135.510 2.039.186 Others
Total 11.132.084 336.809 11.468.893 Total

penurunan nilai (26.253) (160.779) (187.032) impairment losses
Neto 11.105.831 176.030 11.281.861 Net

140

Tagihan akseptasi Acceptance receivables
2018

(Catatan 41) 20.213 612.372 632.585 (Note 41)
Total 36.759 612.372 649.131 Total

penurunan nilai - (546.943) (546.943) impairment losses
Neto 36.759 65.429 102.188 Net
2017

(Catatan 41) 20.600 577.772 598.372 (Note 41)
Total 39.169 577.772 616.941 Total

penurunan nilai - (516.040) (516.040) impairment losses
Neto 39.169 61.732 100.901 Net
Tabel di bawah ini menunjukkan kualitas The table below shows the credit quality per
kredit per jenis instrumen keuangan: class of financial assets:
2018
Telah
Belum jatuh tempo dan tidak mengalami penurunan nilai/ jatuh tempo
Neither past due nor impaired tetapi tidak
Tingkat Tingkat Tingkat mengalami
tinggi/ sedang/ rendah/ Tanpa penurunan nilai/ Mengalami
High Standard Low peringkat/ Past due but penurunan nilai/
grade grade grade Unrated not impaired Impaired Total
Aset Keuangan Financial Assets

Current accounts
Giro pada Bank Indonesia 803.124 - - - - - 803.124 with Bank Indonesia
Current accounts
Giro pada bank lain - - - 249.546 - 784 250.330 with other b anks
Bank Indonesia dan Bank Indonesia and
bank lain 649.905 - - - - - 649.905 other b anks
Surat-surat berharga 675.533 - - 2.599.052 288.153 - 3.562.738 Marketab le securities
Tagihan derivatif 11.324 - - - - - 11.324 Derivative receivab les
Pinjaman yang diberikan - - - 9.694.686 126.538 437.831 10.259.055 Loans
Tagihan akseptasi - - 36.759 - 612.372 649.131 Acceptance receivab les
masih akan diterima 42.220 - - 60.632 140 - 102.992 Accrued interest income
Aset lain-lain - - - 16.044 - - 16.044 Other assets
Total 2.182.106 - - 12.656.719 414.831 1.050.987 16.304.643 Total
penurunan nilai (677.665) impairment losses
Neto 15.626.978 Net

141

2017
Telah
Belum jatuh tempo dan tidak mengalami penurunan nilai/ jatuh tempo
Neither past due nor impaired tetapi tidak
Tingkat Tingkat Tingkat mengalami
tinggi/ sedang/ rendah/ Tanpa penurunan nilai/ Mengalami
High Standard Low peringkat/ Past due but penurunan nilai/
grade grade grade Unrated not impaired Impaired Total
Aset Keuangan Financial Assets

Current accounts
Giro pada Bank Indonesia 885.824 - - - - - 885.824 with Bank Indonesia
Current accounts
Giro pada bank lain - - - 264.140 - 774 264.914 with other b anks
bank lain 514.950 - - - - - 514.950 other b anks
Surat-surat berharga 520.229 - - 2.418.287 - - 2.938.516 Marketab le securities
Tagihan derivatif 810 - - - - - 810 Derivative receivab les
Pinjaman yang diberikan - - - 10.983.480 148.604 336.809 11.468.893 Loans
Tagihan akseptasi - - - 39.169 - 577.772 616.941 Acceptance receivab les
masih akan diterima 16.643 - - 1.496 81.449 - 99.588 Accrued interest income
Aset lain-lain - - - 16.058 - - 16.058 Other assets
Total 1.938.456 - - 13.722.630 230.053 915.355 16.806.494 Total
penurunan nilai (703.846) impairment losses
Neto 16.102.648 Net
Kualitas kredit didefinisikan sebagai berikut: The credit qualities are defined as follows:
a. Tingkat tinggi: peringkat dalam kategori a. High grade: rating in this category has an
ini memiliki kapasitas sangat baik dalam excellent capacity to meet financial
memenuhi komitmen keuangan dengan commitments with very low credit risk.
risiko kredit sangat rendah.
b. Tingkat sedang: peringkat dalam kategori b. Standard grade: rating in this category
ini memiliki kapasitas yang baik dalam has a good capacity to meet financial
memenuhi komitmen keuangan dengan commitments with very low credit risk.
risiko kredit sangat rendah.
c. Tingkat rendah: peringkat dalam kategori c. Low grade: rating in this category has
ini memiliki kapasitas yang cukup dalam fairly acceptable capacity to meet
memenuhi komitmen keuangan dengan financial commitments with standard
risiko kredit sedang. credit risk.
d. Tanpa peringkat: kategori ini tidak d. Unrated: this category is currently not
menyediakan peringkat dikarenakan assigned with any ratings due to
ketidaktersediaan dari model-model unavailability of rating models and
peringkat pemerintah dan/atau agen- governments and/or government-related
agen yang berhubungan dengan agencies.
pemerintah.

142

Analisis umur pinjaman yang diberikan yang The aging analysis of past due but not
jatuh tempo tetapi tidak mengalami impaired loans as of December 31, 2018
penurunan nilai pada tanggal 31 Desember and 2017 are as follows:
2018 dan 2017 adalah sebagai berikut:
2018
31 sampai 61 sampai
Kurang dari dengan dengan
30 hari/ 60 hari/ 90 hari/
Less than 31 up to 61 up to
30 days 60 days 90 days Total
Korporasi 16.697 44.316 - 61.013 Corporate

Commercial/Small
Komersial/Usaha Kecil and Medium
Menengah (UKM) 39.700 16.558 9.258 65.516 Enterprises (SME)
Konsumen 4 3 2 9 Consumer
Total 56.401 60.877 9.260 126.538 Total
2017
31 sampai 61 sampai
Korporasi 66.451 - 64.069 130.520 Corporate

Commercial/Small
Komersial/Usaha Kecil and Medium
Menengah (UKM) 5.266 7.059 3.084 15.409 Enterprises (SME)
Konsumen 1.101 742 832 2.675 Consumer
Total 72.818 7.801 67.985 148.604 Total

143

Pada tanggal 31 Desember 2018 dan The credit quality of loans that are neither
2017, rincian kualitas kredit atas pinjaman past due nor impaired as of December 31,
yang diberikan yang belum jatuh tempo 2018 and 2017 can be assessed by
atau tidak mengalami penurunan nilai reference to the internal rating as follows:
berdasarkan rating internal adalah sebagai
berikut:
2018
31 sampai 61 sampai
Lancar 1.347.920 5.916.254 1.301.240 8.565.414 Current

Dalam perhatian khusus 54.108 798.495 276.669 1.129.272 Special mention
Total 1.402.028 6.714.749 1.577.909 9.694.686 Total
2017
31 sampai 61 sampai
Lancar 7.618.443 1.257.806 1.391.166 10.267.415 Current

Dalam perhatian khusus 571.781 71.867 72.417 716.065 Special mention
Total 8.190.224 1.329.673 1.463.583 10.983.480 Total
(ii) Risiko pasar (ii) Market risk
Risiko pasar adalah risiko pada laporan Market risk is risk on the statement of
posisi keuangan dan rekening administratif financial position and administrative
termasuk transaksi derivatif, akibat accounts, including derivative transactions,
perubahan secara keseluruhan dari kondisi due to overall changes in market conditions,
pasar, termasuk risiko perubahan harga including the risk of change of option price.
option. Risiko pasar melekat pada hampir Market risk is almost inherent in all Bank’s
seluruh kegiatan dan aktivitas Bank baik events and activities in both of its banking
di banking book maupun trading book. book and trading book. The Bank manages
Bank melakukan pengelolaan risiko pasar the market risk including interest rate risk
yang mencakup risiko suku bunga dan risiko and foreign exchange risk.
nilai tukar.

144

(ii) Risiko pasar (lanjutan) (ii) Market risk (continued)
a. Risiko suku bunga a. Interest rate risk
Potensi risiko suku bunga pada Bank Potential interest rate risk in the Bank is
cukup signifikan karena penyaluran significant because of the distribution of
dana selain dalam bentuk pinjaman, funds, other than loan and investment
juga berupa portofolio investasi pada portfolio in marketable securities.
surat berharga. Kondisi ini akan This condition will depress Net Interest
menekan Net Interest Margin (NIM) saat Margin (NIM) when the interest rate is
suku bunga dana cenderung meningkat. likely to increase. There are some
Beberapa antisipasi/strategi dan mitigasi anticipation/strategies and the Bank’s
risiko Bank dalam menyikapi kondisi ini, risk mitigation in addressing the issues,
antara lain, adalah sebagai berikut: among others, are as follows:
1. Bank melakukan perbaikan 1. The Bank makes improvement to

terhadap struktur komposisi aset the composition structure of
produktif dan non-produktifnya agar productive and non-productive
lebih menguntungkan posisi Bank. assets to make profit for the Bank’s
position.
2. Mengupayakan pengelolaan struktur 2. Arrange the management of Bank’s
liabilitas Bank dalam meningkatkan liabilities structure in improving the
sumber pendanaan jangka panjang, long-term funding sources, by
dengan jalan memberikan suku providing attractive and competitive
bunga yang menarik dan kompetitif interest rates on time deposits for
pada deposito tiga bulan hingga three months to one year.
satu tahun.
3. Meningkatkan Dana Pihak Ketiga 3. Increase Third Party Funds (DPK)
(DPK) dari government funding from government funding with the
dengan jangka waktu panjang. long-term period.
4. Menerapkan floating rate pada 4. Applying the floating rate on certain
pemberian pinjaman jenis tertentu, types of loans, so the risk of a
sehingga risiko penurunan suku decrease in interest rates will not
bunga tidak membebani Bank dan suffer the Bank, and on the other
sebaliknya juga tidak akan hand, will not charge to debtors if
membebani debitur jika suku bunga interest rates rise.
meningkat.
5. Memonitor perkembangan harga 5. Monitoring the development of the
pasar (market pricing) sekaligus market pricing and strengthen
memperkokoh kebijakan pricing policy of asset and liabilities pricing
aset maupun liabilitas melalui forum through meetings of Assets and
rapat Assets and Liabilities Liabilities Committee (ALCO)
Committee (ALCO) dengan to discuss some important
membahas beberapa perhitungan calculations such as cost of money,
penting seperti cost of money, base base lending rate and other
lending rate dan perhitungan calculations.
lainnya.
6. Melakukan monitoring atas 6. Conduct monitoring of liquidity,
likuiditas, aktivitas dan risk limit activity and risk limitation of
Divisi Treasury dan Capital Market Treasury and Capital Market
secara harian dan melaporkannya Division on daily basis and report
ke Direksi. to the Board of Directors.

145

a. Risiko suku bunga (lanjutan) a. Interest rate risk (continued)
Tabel berikut merupakan kisaran The following table summarizes the

tingkat suku bunga kontraktual per range of contractual interest rates per
tahun untuk aset dan liabilitas annum for significant financial assets
keuangan yang signifikan pada tanggal and liabilities as of December 31, 2018
31 Desember 2018 dan 2017: and 2017:
2018
Dolar Yen Euro Dolar Dolar Dolar
Amerika Serikat/ Jepang/ Eropa/ Hongkong/ Australia/ Singapura/
United States Japan European Hongkong Australian Singapore Lain-lain/
Rupiah Dollar Yen Euro Dollar Dollar Dollar Others
% % % % % % % %
Aset Assets

Giro pada bank lain 1,00 0,20 2,29 2,43 8,71 2,91 2,29 3,91 other banks
bank lain 4,94 0,45 - - - - - - other banks
Surat-surat berharga 6,96 3,95 - - - - - - Marketable securities
Pinjaman yang diberikan 13,25 6,43 - - - - 5,58 - Loans
Simpanan nasabah 2,14 0,80 0,13 0,18 - 1,11 0,38 - Deposits from customers
Simpanan dari bank lain 6,21 - 0,10 - - - - - Deposits from other banks
Pinjaman subordinasi - 2,99 - - - - - - Subordinated loan
2017
Dolar Yen Euro Dolar Dolar Dolar
Amerika Serikat/ Jepang/ Eropa/ Hongkong/ Australia/ Singapura/
United States Japan European Hongkong Australian Singapore Lain-lain/
Rupiah Dollar Yen Euro Dollar Dollar Dollar Others
% % % % % % % %
Aset Assets

Giro pada bank lain 0,39 0,08 0,98 6,32 8,37 1,04 0,78 0,22 other banks
bank lain 3,40 0,45 - - - - - - other banks
Surat-surat berharga 6,94 4,18 - - - - - - Marketable securities
Pinjaman yang diberikan 13,36 5,14 - - - - 5,50 - Loans
Simpanan nasabah 2,40 0,73 0,12 0,18 - 1,53 0,40 - Deposits from customers
Simpanan dari bank lain 6,79 - 0,05 - - - - - Deposits from other banks
Pinjaman subordinasi - 2,16 - - - - - - Subordinated loan

146

Tabel berikut menyajikan aset dan The following table presents

liabilitas keuangan yang memiliki tingkat the interest bearing financial assets
suku bunga pada nilai tercatat pada and liabilities at the carrying
tanggal 31 Desember 2018 dan amount as of December 31, 2018 and
2017, yang dikategorikan berdasarkan 2017, which are categorized by the
tanggal kontraktual perubahan tingkat earlier contractual repricing or maturity
suku bunga atau tanggal jatuh tempo, dates:
mana yang lebih dahulu:
2018
6 bulan
sampai 1 tahun 2 tahun
dengan sampai sampai
Kurang dari 12 bulan/ dengan dengan Lebih dari
6 bulan/ 6 months 2 tahun/ 5 tahun/ 5 tahun/
Less than until 1 year until 2 years until More than
6 months 12 months 2 years 5 years 5 years Total
Current accounts
Giro pada bank lain 250.330 - - - - 250.330 with other banks
dan bank lain 649.905 - - - - 649.905 and other banks
Surat-surat berharga 486.987 193.215 198.485 949.534 1.734.517 3.562.738 Marketable securities
Pinjaman yang diberikan 4.978.200 573.760 726.623 2.991.435 989.037 10.259.055 Loans
Total aset keuangan 6.365.422 766.975 925.108 3.940.969 2.723.554 14.722.028 Total financial assets
Simpanan nasabah 11.985.347 530.091 733.167 - - 13.248.605 Deposits from customers

Simpanan dari bank lain 1.443.556 6.423 11.625 450.000 - 1.911.604 Deposits from other banks
Pinjaman subordinasi - - - 143.800 - 143.800 Subordinated loan
Total liabilitas keuangan 13.428.903 536.514 744.792 593.800 - 15.304.009 Total financial liabilities
Total selisih Total interest
penilaian bunga (7.063.481) 230.461 180.316 3.347.169 2.723.554 (581.981) repricing gap
2017
6 bulan
sampai 1 tahun 2 tahun
dengan sampai sampai
Kurang dari 12 bulan/ dengan dengan Lebih dari
6 bulan/ 6 months 2 tahun/ 5 tahun/ 5 tahun/
Less than until 1 year until 2 years until More than
6 months 12 months 2 years 5 years 5 years Total
Current accounts
Giro pada bank lain 264.914 - - - - 264.914 with other banks
dan bank lain 514.950 - - - - 514.950 and other banks
Surat-surat berharga 1.043.786 - - 269.220 1.625.510 2.938.516 Marketable securities
Pinjaman yang diberikan 11.395.991 27.345 26.899 17.802 856 11.468.893 Loans
Total aset keuangan 13.219.641 27.345 26.899 287.022 1.626.366 15.187.273 Total financial assets
Simpanan nasabah 10.352.583 1.462.703 1.089.334 - - 12.904.620 Deposits from customers

Simpanan dari bank lain 1.174.682 37.512 52.367 221.000 - 1.485.561 Deposits from other banks
Pinjaman subordinasi - - - 339.188 - 339.188 Subordinated loan
Total liabilitas keuangan 11.527.265 1.500.215 1.141.701 560.188 - 14.729.369 Total financial liabilities
Total selisih Total interest
penilaian bunga 1.692.376 (1.472.870) (1.114.802) (273.166) 1.626.366 457.904 repricing gap

147



Analisis atas sensitivitas Bank, berupa An analysis of the Bank’s sensitivity, in
perubahan pendapatan bunga neto terms of net interest income changes
sampai dengan 1 (satu) pelaporan for the whole 1 (one) reporting period
periode kedepan, atas kenaikan atau ahead as an impact of the increase or
penurunan tingkat suku bunga pasar, decrease in market interest rates, by
dengan asumsi bahwa tidak ada assuming no asymmetrical movement
pergerakan asimetris pada kurva imbal in curves and a constant statement of
hasil dan laporan posisi keuangan yang financial position are as follows:
tetap adalah sebagai berikut:
IDR USD
Kenaikan Penurunan Kenaikan Penurunan
rata-rata rata-rata rata-rata rata-rata
suku bunga suku bunga suku bunga suku bunga
sebesar sebesar sebesar sebesar
1%/ 1%/ 1%/ 1%/
Increase in Decrease in Increase in Decrease in
average average average average
interest rate interest rate interest rate interest rate
of 1% of 1% of 1% of 1%
2018 2018
Sensitivitas atas
proyeksi pendapatan Sensitivity of projected
bunga - neto (99.739) 99.739 1.306 (1.306) interest income - net
2017 2017
Sensitivitas atas
proyeksi pendapatan Sensitivity of projected
bunga - neto (64.855) 64.855 (522) 522 interest income - net
b. Risiko nilai tukar b. Foreign exchange rate risk

Sebagai bank devisa, Bank tentunya As a foreign exchange bank, the Bank
tidak dapat terlepas dari risiko nilai tukar attached with the foreign exchange rate
atau risiko fluktuasi nilai tukar sebagai risk or the risk of exchange rate
akibat belum stabilnya kondisi ekonomi fluctuations as a result of the unstable
makro Indonesia maupun negara lain macro economic conditions in Indonesia
akibat krisis keuangan global yang and other countries due to the global
sangat dirasakan. Kondisi ini financial crisis were keenly felt. This
mengharuskan Bank menjaga posisi condition requires the Bank to maintain
aset dan liabilitas valuta asingnya dalam the position of assets and liabilities
posisi sesuai ketentuan Bank Indonesia, denominated in foreign currency in a
untuk memitigasi potensi kerugian jika position in accordance with Bank
terjadi fluktuasi nilai tukar. Indonesia regulation, to mitigate
potential losses in the event of
exchange rate fluctuations.
Bank membentuk Komite ALCO yang The Bank established ALCO
bertanggung jawab dalam menetapkan Committee which is responsible in
strategi dalam pengelolaan aset dan setting the strategy in the management
liabilitas Bank sesuai dengan ketentuan of its assets and liabilities in
yang berlaku. Selain itu, Bank juga telah accordance with the applicable
menetapkan batasan-batasan seperti regulations. In addition, the Bank also
batas transaksi Pertukaran Mata Uang has set-up restrictions such as
Asing (Foreign Exchange), Bank Notes transactions limit for Foreign Exchange,
dan Money Market. Bank Notes and Money Market.

148

b. Risiko nilai tukar (lanjutan) b. Foreign exchange rate risk (continued)
Dari sisi pengembangan IT (Information In terms of Information Technology (IT)

Technology), Bank mengoptimalkan development, the Bank optimizes
aplikasi OPICS, yang saat ini aplikasinya OPICS application, which has been
telah diimplementasikan sebagai sistem implemented as a system that supports
yang mendukung transaksi Treasury. the Treasury transaction.
Bank telah mengelola posisi mata uang The Bank manages its foreign currency
asing untuk aset dan liabilitas keuangan position for its financial assets and
yang dimiliki oleh Bank dengan liabilities by monitoring the Bank’s
memonitor Posisi Devisa Neto (PDN). Net Open Position (NOP). As of
Pada tanggal 31 Desember 2018 dan December 31, 2018 and 2017, the
2017 PDN Bank telah diungkapkan Bank’s NOP has been disclosed in
dalam Catatan 43. Note 43.
Tabel di bawah ini mengikhtisarkan The table below summarizes the

eksposur Bank atas risiko nilai tukar exposure to foreign currency exchange
mata uang asing pada tanggal rate risk as of December 31, 2018 and
31 Desember 2018 dan 2017. Termasuk 2017. Included in the table are financial
di dalamnya adalah instrumen keuangan instruments at carrying amounts,
pada nilai tercatat, dikategorikan categorized by currency as follows:
berdasarkan jenis mata uang:
2018
Dolar
Amerika
Serikat/ Euro Dolar Dolar
United Eropa/ Singapura/ Australia/
States European Singapore Australian Lain-lain/
Dollar Euro Dollar Dollar Others Total
Aset Assets
Kas 12.964 1.094 1.507 485 2.305 18.355 Cash
Giro pada bank lain 143.244 10.109 24.715 12.676 16.337 207.081 other b anks
Surat-surat berharga 747.439 - - - - 747.439 Marketab le securities
Tagihan derivatif 11.324 - - - - 11.324 Derivative receivab les
Pinjaman yang diberikan 1.238.570 - 5.243 - - 1.243.813 Loans
Tagihan akseptasi 632.585 - - - - 632.585 Acceptance receivab les
Pendapatan bunga yang Accrued interest
masih akan diterima 13.080 - 17 - - 13.097 income
Aset lain-lain 47.780 8.486 - - - 56.266 Other assets
Liabilitas segera 8.014 1 12 - 4 8.031 Ob ligations due immediately
Simpanan nasabah 911.107 10.927 34.800 12.950 17.795 987.579 Deposits from customers
Simpanan pada bank lain 1.021 - - - - 1.021 Deposits from other b anks
Liabilitas derivatif 640 - - - - 640 Derivative payab les
Bunga masih harus dibayar 2.648 15 70 4 1 2.738 Accrued interest expenses
Beban masih harus dibayar Accrued expenses
dan liabilitas lain-lain 1.752 500 16 2 119 2.389 and other liab ilities
Pinjaman subordinasi 143.800 - - - - 143.800 Sub ordinated loan
Obligasi konversi 215.700 - - - - 215.700 Convertib le b onds
Neto 1.671.669 8.246 (3.416) 205 723 1.677.427 Net

149

2017
Dolar
Amerika
Serikat/ Euro Dolar Dolar
United Eropa/ Singapura/ Australia/
States European Singapore Australian Lain-lain/
Dollar Euro Dollar Dollar Others Total
Aset Assets
Kas 57.036 4.291 2.069 1.395 4.025 68.816 Cash
Giro pada bank lain 184.451 5.046 17.515 13.412 8.976 229.400 other b anks
Surat-surat berharga 651.100 - - - - 651.100 Marketab le securities
Tagihan derivatif 810 - - - - 810 Derivative receivab les
Pinjaman yang diberikan 979.060 - 11.579 - - 990.639 Loans
Tagihan akseptasi 598.372 - - - - 598.372 Acceptance receivab les
masih akan diterima 7.488 - 48 - - 7.536 income
Aset lain-lain 45.085 8.375 - - - 53.460 Other assets
Liabilitas segera 2.775 - 27 - 18 2.820 Ob ligations due immediately
Simpanan nasabah 678.308 8.218 32.762 10.213 11.536 741.037 Deposits from customers
Simpanan pada bank lain 27.135 - - - 1.869 29.004 Deposits from other b anks
Liabilitas akseptasi 3.871 - - - - 3.871 Acceptance payab les
Bunga masih harus dibayar 2.092 7 82 2 1 2.184 Accrued interest expenses
Beban masih harus dibayar Accrued expenses
dan liabilitas lain-lain 1.465 492 5 2 107 2.071 and other liab ilities
Pinjaman subordinasi 339.188 - - - - 339.188 Sub ordinated loan
Obligasi konversi 203.513 - - - - 203.513 Convertib le b onds
Neto 1.327.045 8.995 (1.665) 4.590 (530) 1.338.435 Net

150

Tabel dibawah ini menggambarkan The table below indicates the foreign
posisi mata uang asing atas aset currency position of non-trading
dan liabilitas moneter yang tidak monetary assets and liabilities as of
diperdagangkan pada tanggal December 31, 2018 and 2017 which the
31 Desember 2018 dan 2017 dimana Bank has significant exposure against
Bank memiliki risiko yang signifikan its forecasted cash flows. The analysis
terhadap arus kas masa depan. Analisis calculates the effect of a reasonably
tersebut menghitung pengaruh dari possible movement of the currency rate
pergerakan wajar mata uang asing yang against the Indonesian Rupiah, with all
memungkinkan terhadap Rupiah, dengan variables held constant, on the
seluruh variabel lain dianggap konstan, statement of profit or loss and other
terhadap laporan laba rugi dan comprehensive income (due to changes
penghasilan komprehensif lain (akibat in the fair value of currency sensitive to
adanya perubahan nilai wajar aset dan non-trading monetary assets and
liabilitas moneter yang tidak liabilities) and equity (due to changes in
diperdagangkan yang sensitif terhadap fair value of financial assets and
nilai tukar) dan ekuitas (akibat adanya liabilities which are categorized as
perubahan nilai wajar atas aset dan available-for-sale).
liabilitas keuangan yang termasuk
kategori tersedia untuk dijual).
2018
Kenaikan/(penurunan) Sensitivitas terhadap
dalam nilai tukar/ laporan laba rugi/
Increase/(decrease) Sensitivity of
in exchange rate profit or loss
Mata uang Currency

Dolar Amerika Serikat 10/(10) 779/(779) United States Dollar
Euro Eropa 10/(10) (0,2)/0,2 European Euro
Poundsterling Inggris 10/(10) 0,22/(0,22) Great Britain Poundsterling
2017
Kenaikan/(penurunan) Sensitivitas terhadap
dalam nilai tukar/ laporan laba rugi/
Increase/(decrease) Sensitivity of
in exchange rate profit or loss
Mata uang Currency

Dolar Amerika Serikat 10/(10) 7,8/(7,8) United States Dollar
Euro Eropa 10/(10) 0,021/(0,021) European Euro
Poundsterling Inggris 10/(10) (0,0041)/0,0041 Great Britain Poundsterling
(iii) Risiko likuiditas (iii) Liquidity risk
Risiko likuiditas adalah risiko yang Liquidity risk is defined as the current and
muncul dari ketidakmampuan Bank dalam prospective risk to earnings or capital
memenuhi kewajiban arus kas yang bersifat arising from the Bank’s inability to meet its
kontraktual baik untuk saat ini maupun di current and future contractual cash flows or
masa yang akan datang atau kewajiban regulatory obligations when they are due
yang diharuskan peraturan yang telah jatuh without affecting daily operations and
tempo tanpa mempengaruhi aktivitas harian incurring unacceptable losses.
dan menimbulkan kerugian yang tidak dapat
diterima.
151

(iii) Risiko likuiditas (lanjutan) (iii) Liquidity risk (continued)
Tujuan utama manajemen risiko likuiditas The main objective of liquidity risk
adalah untuk meminimalkan kemungkinan management is to minimize the possibility of
ketidakmampuan Bank dalam memperoleh the Bank’s inability to obtain funding
sumber pendanaan arus kas. sources of cash flow.
Bank berupaya meningkatkan efektivitas The Bank has program to increase

pengelolaan gap likuiditas (maturity gap dan effectiveness of liquidity maturity gap
proyeksi arus kas) untuk mengantisipasi management (maturity gap and the
risiko likuiditas sedini mungkin dan juga projected cash flows) to anticipate the
mengendalikan risiko likuiditas khususnya liquidity risk as early as possible and also
pada saat kondisi stres. Bank juga telah controls the liquidity risk during stressful
menyusun Contingency Funding Plan, selain conditions. The Bank also has developed a
juga senantiasa memelihara kemampuannya Contingency Funding Plan, as well as
dalam melakukan akses ke pasar uang maintained its ability to access the money
dengan terus membina hubungan dengan market by maintaining relationships with
bank koresponden. Untuk mendeteksi risiko correspondent banks. To detect liquidity
likuiditas, Bank telah mempunyai Standar risk, the Bank has established Standard
Prosedur Operasional Liquidity Contigency Operating Procedures for Liquidity
Plan (LCP). Contingency Plan (LCP).
Limit risiko likuiditas harus konsisten dan Liquidity risk limit must be consistent and
relevan dengan bisnis Bank, kompleksitas relevant to the Bank’s business, the
kegiatan usaha Bank, toleransi risiko, complexity of the Bank’s business, risk
karakteristik produk, valuta, pasar dimana tolerance characteristics of the product,
Bank tersebut aktif melakukan transaksi, currency, markets in which the Bank has
data historis, tingkat profitabilitas dan modal active transactions, historical data, the level
yang tersedia. of profitability and capital available.
Beberapa strategi yang dilakukan Bank The Bank carried out several strategies to
untuk mengantisipasi risiko tersebut, antara manage the risks which, among others, are
lain, adalah: as follows:
a. Komitmen dari pemegang saham Bank a. The Bank’s shareholders commitment

untuk memenuhi ketentuan Bank to comply with the provisions of
Indonesia dalam rangka pengendalian Bank Indonesia in order to control
risiko likuiditas, sewaktu-waktu jika liquidity risk, at any time if needed;
diperlukan;
b. Melakukan portofolio investasi ke arah b. Conduct investments portfolio towards
investasi yang lebih likuid; more liquid investments;
c. Mendorong bertumbuhnya jumlah c. Encourage development of the number
investasi dana-dana murah atau of low cost investment funds at
nasabah kategori low cost fund; reasonable price or low cost fund
customers;
d. Meningkatkan efektivitas pengelolaan d. Increase effectivity on management of
gap likuiditas (maturity gap, proyeksi liquidity gap (maturity gap, cash flows
arus kas) untuk mengantisipasi risiko projections) to anticipate liquidity risk as
likuiditas sedini mungkin; early as possible;
e. Meningkatkan kerja sama dengan e. Develop cooperation with other banks
bank lain agar dapat memanfaatkan in order to avail the facilities of
fasilitas interbank call money maupun interbank call money and repurchase
repurchase (repo) surat berharga (repo) interbank securities.
interbank.

152

Analisis jatuh tempo aset dan liabilitas The maturity analysis of assets and
(sebelum cadangan kerugian penurunan liabilities (before allowance for impairment
nilai) menurut kelompok jatuh temponya losses) by maturity groups based on the
berdasarkan periode yang tersisa remaining period until the maturity date as
sampai dengan tanggal jatuh temponya of December 31, 2018 and 2017 are as
pada tanggal 31 Desember 2018 dan follows:
2017 adalah sebagai berikut:
2018
Lebih dari Lebih dari Lebih dari
Kurang dari 1 bulan 3 bulan 6 bulan
atau sampai sampai sampai sampai
dengan dengan dengan dengan
1 bulan/ 3 bulan/ 6 bulan/ 12 bulan/
Less than More than More than More than Lebih dari
1 month 1 month 3 months 6 months 12 bulan/
or up to up to up to up to More than
1 month 3 months 6 months 12 months 12 months Total
Aset Assets
Kas 110.105 - - - - 110.105 Cash
Current accounts
Giro pada bank lain 250.330 - - - - 250.330 with other b anks
Penempatan pada Placements with Bank
Bank Indonesia Indonesia and
dan bank lain 649.905 - - - - 649.905 other b anks
Surat-surat berharga 288.153 198.834 - 193.215 2.882.536 3.562.738 Marketab le securities
Tagihan derivatif 11.324 - - - - 11.324 Derivative receivab les
Pinjaman yang diberikan 2.512.767 1.381.277 1.084.157 573.760 4.707.094 10.259.055 Loans
Tagihan akseptasi 613.003 2.626 33.502 - - 649.131 Acceptance receivab les
masih akan diterima 25.409 9.004 7.053 3.659 57.867 102.992 income
Aset lain-lain - - - 9.343 6.701 16.044 Other assets
Total aset 5.264.120 1.591.741 1.124.712 779.977 7.654.198 16.414.748 Total assets
Ob ligations due
Liabilitas segera 63.775 - - - - 63.775 immediately
Simpanan nasabah 1.954.795 7.168.699 2.861.852 530.092 733.167 13.248.605 Deposits from customers
Simpanan dari bank lain 826.463 417.553 199.540 6.423 461.625 1.911.604 Deposits from other b anks
Liabilitas atas efek-efek yang dijual Securities sold under repurchase
dengan janji dibeli kembali 532.005 - - - - 532.005 agreement
Liabilitas akseptasi 631 2.626 13.289 - - 16.546 Acceptance payab les
Bunga masih harus dibayar 61.431 - - - - 61.431 Accrued interest expenses
Beban yang masih
harus dibayar dan Accrued expenses and
liabilitas lain-lain 238.337 - - - - 238.337 other liab ilities
Pinjaman subordinasi - - - - 143.800 143.800 Sub ordinated loan
Total liabilitas 3.678.077 7.588.878 3.074.681 536.515 1.338.592 16.216.743 Total liabilities
Aset (liabilitas) - neto 1.586.043 (5.997.137) (1.949.969) 243.462 6.315.606 198.005 Assets (liabilities) - net

153

Analisis jatuh tempo aset dan liabilitas The maturity analysis of assets and
(sebelum cadangan kerugian penurunan liabilities (before allowance for impairment
nilai) menurut kelompok jatuh temponya losses) by maturity groups based on the
berdasarkan periode yang tersisa sampai remaining period until the maturity date as
dengan tanggal jatuh temponya pada of December 31, 2018 and 2017 are as
tanggal 31 Desember 2018 dan 2017 adalah follows (continued):
sebagai berikut (lanjutan):
2017
Lebih dari Lebih dari Lebih dari
Kurang dari 1 bulan 3 bulan 6 bulan
atau sampai sampai sampai sampai
dengan dengan dengan dengan
1 bulan/ 3 bulan/ 6 bulan/ 12 bulan/
Less than More than More than More than Lebih dari
1 month 1 month 3 months 6 months 12 bulan/
or up to up to up to up to More than
1 month 3 months 6 months 12 months 12 months Total
Aset Assets
Kas 181.457 - - - - 181.457 Cash
Current accounts
Giro pada bank lain 264.914 - - - - 264.914 with other b anks
Penempatan pada Placements with Bank
Bank Indonesia Indonesia and
dan bank lain 514.950 - - - - 514.950 other b anks
Surat-surat berharga - 1.043.787 - - 1.894.729 2.938.516 Marketab le securities
Tagihan derivatif 810 - - - - 810 Derivative receivab les
Pinjaman yang diberikan 11.381.374 5.115 9.502 27.345 45.557 11.468.893 Loans
Tagihan akseptasi - 22.964 16.205 - 577.772 616.941 Acceptance receivab les
masih akan diterima 81.741 37 61 198 17.551 99.588 income
Aset lain-lain - - - 9.342 6.716 16.058 Other assets
Total aset 13.311.070 1.071.903 25.768 36.885 2.542.325 16.987.951 Total assets
Ob ligations due
Liabilitas segera 66.088 - - - - 66.088 immediately
Simpanan nasabah 2.416.052 5.353.656 2.582.874 1.462.703 1.089.335 12.904.620 Deposits from customers
Simpanan dari bank lain 881.555 253.088 40.040 37.511 273.367 1.485.561 Deposits from other b anks
Liabilitas atas efek-efek Securities sold
yang dijual dengan under repurchase
janji dibeli kembali 264.040 - - - - 264.040 agreement
Liabilitas akseptasi - 4.609 - 999 - 5.608 Acceptance payab les
Bunga masih harus dibayar 54.362 - - - - 54.362 Accrued interest expenses
Beban yang masih
harus dibayar dan Accrued expenses and
liabilitas lain-lain 288.229 - - - - 288.229 other liab ilities
Pinjaman subordinasi - - - - 339.188 339.188 Sub ordinated loan
Total liabilitas 3.970.737 5.611.353 2.622.914 1.501.213 1.701.890 15.408.107 Total liabilities
Aset (liabilitas) - neto 9.340.333 (4.539.450) (2.597.146) (1.464.328) 840.435 1.579.844 Assets (liabilities) - net
(iv) Risiko operasional (iv) Operational risk
Risiko operasional adalah risiko yang timbul Operational risk is the risk that arise from
dari ketidakcukupan dan/atau tidak the malfunction and/or inadequacy of
berfungsinya proses internal, kesalahan internal proccesses, human errors, system
faktor manusia, kegagalan sistem, atau failures, or external problems affecting the
adanya masalah eksternal yang akan operations of the Bank.
mempengaruhi operasional Bank.

154

(iv) Risiko operasional (lanjutan) (iv) Operational risk (continued)
Bank menerapkan manajemen risiko The Bank implements operational risk

operasional dengan sasaran memastikan management with the goal of ensuring that
bahwa Bank telah melakukan proses it has performed a risk management
manajemen risiko yang meliputi risk process that includes risk identification, risk
identification, risk assessment, risk assessment, risk evaluation, risk mitigation
evaluation, risk mitigation serta dilakukan and performed monitoring and reporting on
monitoring dan reporting atas its implementation. It is done with the
pelaksanaannya. Hal tersebut dilakukan ultimate goal to maximize the benefits of
dengan tujuan akhir memaksimalkan benefit a product/service or transaction/activity
dari suatu produk/layanan atau proses process with the potential operational risks
transaksi/aktivitas dengan potensi risiko being considered.
operasional yang telah diperhitungkan.
Pengelolaan risiko operasional ditujukan Operational risk management is being

untuk meningkatkan budaya sadar risiko dari addressed in order to increase a culture of
tiap unit kerja, sehingga dapat menurunkan risk awareness of each working unit, so it
frekuensi dan dampak dari suatu kerugian. can reduce the frequency and impact of
Bentuk pengelolaan risiko operasional yang a loss. The operational risk management
telah dilakukan sebagai berikut: being performed is as follows:
a. Setiap adanya produk ataupun aktivitas a. On each new product or activity, the
baru, Bank selalu melakukan kajian Bank is performing the risk assessment
risiko sesuai dengan amanat dari in accordance with the requirement of
regulator. the regulators.
b. Melakukan peninjauan ulang dan b. Conducting a periodic review and
penyempurnaan atas Standard improvement of the Standard Operating
Operating Procedure masing-masing Procedures of each working unit on
unit kerja secara berkala. a regular basis.
c. Memastikan ketersediaan Disaster c. Ensuring the availability of the Disaster
Recovery Plan (DRP) yang diuji secara Recovery Plan (DRP) that is being
berkala sebagai antisipasi jika terjadi tested periodically in case of IT
gangguan IT. disruption.
d. Pengelolaan risiko operasional juga d. Operational risk management is also
dilakukan dengan memperkuat being supported by strengthening the
keamanan dan keandalan teknologi security and reliability of information
informasi, sehingga kegagalan sistem technology, so that the system failure
maupun human error dapat ditekan. and human error can be reduced.
e. Melakukan peningkatan pada IT e. Increasing the IT Security System for
Security System untuk seluruh sistem the entire system in the Bank.
yang ada pada Bank.
f. Melakukan pengembangan dan f. Developing and improving the system
penyempurnaan sistem yang digunakan that is used for the calculation of
untuk perhitungan cadangan kerugian allowance for impairment losses and
penurunan nilai maupun biaya amortized cost of provision in
diamortisasi atas provisi sesuai accordance with PSAK 50, PSAK 55
PSAK 50, PSAK 55 dan PSAK 60. and PSAK 60.
g. Melakukan penetapan batas g. Setting-up of limit of authority in banking
kewenangan dalam melakukan operational transactions.
transaksi operasional.
h. Meningkatkan fungsi pengawasan h. Improving the internal control functions
internal melalui Internal Audit Division through the Internal Audit Division and
(IAD) dan Anti Fraud Division sebagai Anti Fraud Divison to strengthen the
upaya memperkuat sistem internal control system.
pengendalian internal.

155

(iv) Risiko operasional (lanjutan) (iv) Operational risk (continued)
Pengelolaan risiko operasional ditujukan Operational risk management is being

untuk meningkatkan budaya sadar risiko dari addressed in order to increase a culture of
tiap unit kerja, sehingga dapat menurunkan risk awareness of each working unit, so it
frekuensi dan dampak dari suatu kerugian. can reduce the frequency and impact of
Bentuk pengelolaan risiko operasional yang a loss. The operational risk management
telah dilakukan sebagai berikut (lanjutan): being performed is as follows (continued):
i. Peningkatan kualitas sumber daya i. Improving the quality of human

manusia dengan meningkatkan resources by developing the frequency
frekuensi pelatihan internal maupun of internal and external training in the
eksternal di bidang perkreditan, function of credit, marketing products
pemasaran produk dan motivasi kerja. and motivational work.
j. Melakukan identifikasi kejadian risiko j. Identifying of the risk events that may
yang terjadi di cabang serta memiliki occur in branches resulting to losses
dampak kerugian, maka pemantauan and then the monitoring is performed by
dilakukan menggunakan Operational using the Operational Risk Report.
Risk Report.
k. Melakukan pencatatan atas data k. Maintaining the record of lost data,
kerugian, dimana data tersebut where the data is used as one of the
digunakan sebagai salah satu parameters in the measurement of
parameter dalam pengukuran Profil Operational Risk Profile.
Risiko Operasional.
l. Melakukan Risk and Control Self- l. Performing the Risk and Control Self-
Assessment (RCSA) yang merupakan Assessment (RCSA), a methodology for
metodologi untuk identifikasi identifying the sources of risk, which is
sumber-sumber risiko, yang digunakan used to measure the level of risk,
untuk mengukur tinggi rendahnya risiko, monitor the level of trend of risk, as well
memantau tren tingkat risiko, serta as controlling and mitigating risks.
mengendalikan dan mitigasi risiko. Implementation of identification through
Pelaksanaan identifikasi melalui RCSA the RCSA is applied to all working units.
tersebut akan diterapkan pada seluruh
unit kerja.
Bank membentuk tim Bussiness Continuity The Bank has set-up a Business Continuity
Plan (BCP), dimana tim tersebut memiliki Plan (BCP) team, whereas the team has
tugas untuk mengkoordinasi pelaksanaan duties to coordinate the implementation of
BCP sesuai dengan kebutuhan dan the BCP in accordance with the
kondisi Bank. Pelaksanaan BCP itu requirements and conditions of the Bank.
sendiri mempunyai tujuan untuk The implementation of BCP has the
meminimalkan risiko, menangani dampak objectives to minimize the risk, address the
gangguan/bencana dan proses pemulihan impact of disruption/disaster and recovery
agar kegiatan operasional Bank dan process so the operational activities of the
pelayanan kepada nasabah tetap dapat Bank and services to customers are
berjalan. Selain itu, Bank juga telah running continuously. In addition, the Bank
dilengkapi dengan Kebijakan maupun is also equipped with Standard Operating
Standard Operating Procedure BCP. Procedures and Policy of BCP. Bank has
Bank telah melakukan penyempurnaan BCP improved its BCP by reviewing Business
dengan riviu Business Impact Analysis (BIA) Impact Analysis (BIA) in accordance with
sesuai dengan business process dan telah the business process and has socialized
melakukan sosialisasi dan uji coba BCP ke and tested the BCP to the entire branches,
seluruh cabang dengan simulasi antara lain which is among others, fire disaster
bencana kebakaran dan dilanjutkan simulation and continued with the review of
melakukan riviu Kebijakan dan Standard Policies and Standard Operating
Operating Procedure, serta riviu Prosedur Procedures and review of Contingency
Alternatif (Contingency Plan). Plan.

156

(v) Risiko hukum (v) Legal risk
Risiko hukum adalah risiko yang disebabkan Legal risk is the risk related to legal claims
oleh adanya kelemahan aspek yuridis, yang and/or weakness in the legal aspect, such
antara lain disebabkan adanya tuntutan weakness in legal aspect is caused, among
hukum, ketiadaan peraturan perundang- others, by the lack of the supporting
undangan yang mendukung atau kelemahan legislation or weakness of the contracts
pengikatan seperti tidak dipenuhinya syarat such as incomplete requirements for a valid
sahnya kontrak dan pengikatan agunan contract and imperfect document contract.
yang tidak sempurna.
Sebagai sebuah perusahaan yang berdiri As an entity that establishes in the

dalam yuridiksi hukum Indonesia, Bank juridiction of the laws of Indonesia, the
harus selalu tunduk terhadap segala Bank shall always be subjected to all the
peraturan hukum yang dikeluarkan oleh regulations issued by Financial Services
Otoritas Jasa Keuangan dan Bank Authority and Bank Indonesia as the
Indonesia selaku regulator industri regulator of the banking industry in
perbankan di Indonesia dan instansi Indonesia and other authorities related to
berwenang lainnya terkait dengan Bank. the Bank. In addition, the Bank must also
Selain itu, Bank juga harus mengikuti segala comply with any regulation in society that is
bentuk peraturan perundangan yang berlaku relevant either directly or indirectly to
di masyarakat baik yang terkait secara its business activities. The Bank’s
langsung maupun tidak langsung dengan incompliance to the regulation may result in
kegiatan usaha Bank. Kegagalan Bank the claim or lawsuits that will be addressed
dalam mengikuti peraturan hukum yang to the Bank.
berlaku dapat mengakibatkan pada
timbulnya tuntutan hukum yang akan
ditujukan kepada Bank.
Pengelolaan risiko hukum dilakukan dengan Legal risk management is performed by

cara melakukan penelaahan kembali reviewing the legal documents, agreements
dokumen hukum, perjanjian maupun and contracts with third parties. Further
kontrak-kontrak dengan pihak ketiga. Selain more, it also performed an assessment of
itu, juga dilakukan pendataan atas kasus- legal cases that occured and has been
kasus hukum yang terjadi dan telah dikelola managed by the Corporate Legal and
oleh Divisi Corporate Legal and Litigation. Litigation Division. The legal cases handling
Penanganan kasus hukum disusun have been prepared on the priority basis
berdasarkan skala prioritas dan seluruh and the progress is well monitored and
perkembangannya terpantau dengan baik reported to the management to be followed
dan selalu dilaporkan kepada manajemen up through a completion which contains less
untuk ditindaklanjuti melalui penyelesaian potential legal risks. In addition, to complete
yang mengandung potensi risiko hukum the Legal Policy and Standard Operating
paling sedikit. Selain itu, untuk melengkapi Procedures, the Corporate Legal and
Kebijakan dan Standar Operasional Litigation Division has fit up the policy by
Prosedur di bidang Hukum, Divisi Corporate establishing the Policies and Standard
Legal and Litigation telah melengkapi Operating Procedures regarding the
dengan membuat Kebijakan dan Standar products, advice and policy, litigation and
Operasional Prosedur mengenai produk, legal policy of the Bank.
advice and policy, litigasi dan kebijakan
hukum Bank.

157

(v) Risiko hukum (lanjutan) (v) Legal risk (continued)
Untuk memitigasi risiko hukum yang To mitigate the legal risks that may arise
mungkin timbul akibat tuntutan hukum atau from lawsuits or juridical weakness, the Bank
kelemahan aspek yuridis, Bank memiliki has a Corporate Legal and Litigation
Divisi Corporate Legal and Litigation. Divisi Division. This division has the following
tersebut memiliki peranan antara lain: roles:
1) Melakukan analisa hukum atas produk 1) Conducts legal analysis on the new
dan/atau aktivitas baru serta membuat products and/or activities as well as
standar dokumen hukum yang terkait creating a standard legal documents
dengan produk dan/atau aktivitas related to the product and/or activities;
tersebut;
2) Memberikan analisa/advis hukum kepada 2) Provides analysis/legal advice to all
seluruh pegawai pada setiap jenjang employees at every level of the
organisasi; organization;
3) Memberikan advis atas eksposur hukum 3) Provides advice on the legal exposure
akibat perubahan ketentuan atau due to changes in rule or regulation;
peraturan;
4) Memeriksa segala perjanjian yang akan 4) Checks any agreements that will be
dibuat antara Bank dengan pihak ketiga; made between the Bank and third
parties;
5) Melakukan pemeriksaan berkala atas 5) Conducts periodic inspections on the
perjanjian yang telah dibuat; dan agreement that has been made; and
6) Memantau risiko hukum yang ada di 6) Monitors the legal risks in the overall
seluruh cabang Bank. Bank’s branches.
Dengan adanya divisi tersebut, maka Bank Through this division, the Bank has legal
memiliki kebijakan hukum dan standar policies and standard general legal
dokumen hukum baku yang terkait dengan documents related to the product or banking
produk atau fasilitas perbankan yang facilities offered by the Bank to the
ditawarkan oleh Bank kepada masyarakat, community, where such legal policy and
dimana kebijakan hukum dan standar standard general legal documents are
dokumen hukum dimaksud dibuat dengan created with reference to the provisions of
mengacu kepada ketentuan peraturan applicable laws and considering the interest
perundangan yang berlaku serta of the juridical aspects of the Bank. In
memperhatikan kepentingan aspek yuridis addition, the Bank’s Corporate Legal and
dari Bank. Selain itu, Divisi Corporate Legal Litigation Division has the litigation function
and Litigation Bank juga memiliki fungsi by handling all legal issues related to
litigasi yang salah satu tugasnya adalah litigation in order to minimize legal risks that
menangani setiap permasalahan hukum may arise.
yang terkait dengan litigasi agar risiko
hukum yang mungkin timbul dapat
diminimalisasi.
Pengelolaan risiko hukum dilakukan dengan The legal risk is also conducted by
memantau perkembangan kasus-kasus monitoring the development of legal cases
hukum yang terjadi dan mengambil lessons and take lessons learned principle from
learned dari kasus-kasus tersebut. those cases. The management of legal
Penanganan kasus hukum yang dilakukan cases conducted by the Bank at all time
pada Bank senantiasa memperhitungkan calculates potential loss, either through
potensi kerugian baik atas penyelesaian settlement or court. The Bank also pays
kasus secara musyawarah mufakat/damai special attention to legal cases which
ataupun melalui jalur pengadilan. Bank juga potentially may create significant loss to the
memberikan perhatian khusus atas kasus Bank.
hukum yang berpotensi menimbulkan
kerugian secara signifikan.

158

(vi) Risiko reputasi (vi) Reputation risk
Risiko reputasi adalah risiko akibat Reputation risks are the risks related
menurunnya tingkat kepercayaan pemangku to the decreasing level of stakeholder
kepentingan (stakeholder) yang bersumber confidence arising from the negative
dari persepsi negatif terhadap Bank. perception on the Bank.
Kegagalan Bank dalam menjaga reputasinya Reputation risk is inherent in every activity
di mata masyarakat dapat menimbulkan conducted by the Bank. The Bank’s failure
pandangan maupun persepsi negatif to protect its reputation in the public’s
masyarakat terhadap Bank. Apabila risiko ini perception may result in negative view as
dihadapi oleh Bank, maka dalam waktu well as perception by the public towards
singkat dapat terjadi penurunan atau the Bank. If the Bank faces this risk then in
hilangnya kepercayaan nasabah terhadap the short run, the Bank may lose the
Bank yang pada akhirnya akan memberikan customer’s trust that will ultimately result in
dampak negatif terhadap pendapatan usaha a negative impact to the Bank’s income
dan volume aktivitas Bank. and volume of activities.
Pengelolaan risiko reputasi dilakukan The management of reputation risk

melalui pemantauan terhadap publikasi includes monitoring through media
media, yang bekerja sama dengan jasa publications collaboration with third party
pihak ketiga. Selain itu, Bank juga services. In addition, the Bank also
melakukan pemantauan terhadap keluhan monitors customer complaints to handle
nasabah guna menangani keluhan dengan complaints promptly, as well as to optimize
segera, serta melakukan optimalisasi fungsi the function of call center in the handling of
call center dalam penanganan keluhan customer complaints.
nasabah.
Dalam upaya pelaksanaan manajemen In implementation of risk management, the

risiko, Bank secara aktif menjalankan Bank is actively running its Corporate
program Corporate Social Responsibility dan Social Responsibility and other social
aktivitas-aktivitas sosial lainnya, public activities, public expose, building
expose, membangun relasi dengan media relationship with the media and conducting
dan gathering dengan nasabah. customer gatherings.
Bank meyakini bahwa setiap aspek The Bank believes that every aspect of the
efektivitas pelaksanaan manajemen Bank effectiveness of its good management
yang baik (termasuk manajemen risiko dan (including risk management and internal
sistem pengendalian internal) dalam control systems) in relation to Good
kaitannya dengan Good Corporate Corporate Governance will improve its
Governance (GCG) akan memperbaiki reputation.
reputasi.
Reputasi dan dukungan pemegang saham The reputation and professional support
baru secara profesional membantu from new shareholder in assisting
manajemen dalam rangka meningkatkan management to improve the reputation and
reputasi dan kepercayaan masyarakat public trust through better performance
melalui peningkatan kinerja yang lebih baik improvement and work programs that
dan program-program kerja yang directly implicates the risk management
berimplikasi langsung pada pengelolaan reputation.
risiko reputasi.

159

(vii) Risiko stratejik (vii) Strategic risk
Risiko stratejik adalah risiko akibat Strategic risk is the risk due to inaccuracy
ketidaktepatan dalam pengambilan in deciding and/or implementing a strategic
dan/atau pelaksanaan suatu keputusan decision as well as the failure in
stratejik serta kegagalan dalam anticipating the changes in the business
mengantisipasi perubahan lingkungan environment.
bisnis.
Tujuan dari manajemen risiko untuk risiko The purpose of risk management for
stratejik adalah untuk memastikan bahwa strategic risk is to ensure that in the
dalam proses manajemen risiko dapat process of risk management it will minimize
meminimalkan kemungkinan dampak possible negative impacts of inaccurate
negatif dari ketidaktepatan dalam implementation of the strategy and failure
implementasi strategi dan kegagalan to anticipate changes in the business
mengantisipasi perubahan lingkungan environment.
bisnis.
Untuk dapat tumbuh dan berkembang In order to grow and develop as one of the
menjadi sebuah institusi keuangan leading financial institutions in Indonesia,
terdepan di Indonesia, Bank membutuhkan the Bank needs to adopt certain strategies
serangkaian strategi untuk mencapai tujuan to achieve such goals. The Bank’s failure in
tersebut. Ketidakmampuan Bank dalam formulating the right strategy may
melakukan penyusunan strategi yang tepat deteriorate the Bank’s business in the
dapat menimbulkan kegagalan bisnis Bank future.
di masa yang akan datang.
Risiko ini juga mencakup kemampuan Bank This risk also includes the Bank’s ability to
dalam mengembangkan daya saing dan develop its competitiveness and to create
menciptakan keunggulan kompetitif Bank di a competitive edge amidst the tight
tengah kompetisi perbankan yang semakin competition in the banking industry.
ketat. Ketidakmampuan Bank dalam The inability to cope with such business
menghadapi tantangan bisnis yang terus challenges which are constantly changing
mengalami perubahan dari waktu ke waktu from time to time will lead to failure to
akan mengakibatkan kegagalan bagi Bank accomplish determined vision. In the longer
untuk mencapai visi yang selama ini telah term, if the Bank faces such risks, it will
ditetapkan. Dalam jangka panjang, apabila affect the continuity of the Bank’s
risiko ini terus dihadapi oleh Bank, hal ini operations. Therefore, the Bank has taken
akan berdampak terhadap kelangsungan several mitigation steps.
bisnis Bank. Oleh sebab itu, Bank telah
melakukan beberapa langkah mitigasi.
Beberapa langkah yang dilakukan untuk Some steps taken to anticipate these risks
mengantisipasi risiko ini dilakukan dengan are as follows:
cara:
a. Menyusun Rencana Bisnis Bank untuk a. Develop Bank’s Business Plan for the
tahun 2018 sampai dengan 2020 yang year 2018 up to 2020 that will be used
digunakan sebagai pedoman oleh as guidelines by the management.
manajemen.
b. Melakukan pemantauan atas kinerja b. Monitor the financial performance by
keuangan dengan membandingkan comparing the actual with target to be
antara realisasi dengan sasaran/target achieved by the Bank in accordance
yang ingin dicapai oleh Bank sesuai with the Bank’s Business Plan.
dengan Rencana Bisnis Bank tersebut.
c. Membentuk Planning Performance c. Establish a Planning Performance
Division yang secara rutin melakukan Division that regularly performs periodic
pemantauan berkala (performance monitoring (performance review) on
review) atas pencapaian kinerja dari performance of each division and the
tiap divisi dan Bank secara Bank as a whole.
keseluruhan.

160

(vii) Risiko stratejik (lanjutan) (vii) Strategic risk (continued)
d. Memperbaiki pengkinian atas strategi d. Revise the strategy to be achieved in

yang ingin dicapai sesuai dengan accordance with the development of
perkembangan kondisi internal maupun internal and external conditions, so it
eksternal, sehingga akan menjadi will be realistic with the achievement of
realistis dengan pencapaian sasaran the Bank’s objectives.
Bank.
(viii) Risiko kepatuhan (viii) Compliance risk
Risiko kepatuhan adalah risiko yang timbul Compliance risk is the risk when the Bank
ketika Bank tidak mematuhi atau tidak does not comply or implement current laws
melaksanakan peraturan perundang- and regulations and other policies.
undangan dan ketentuan lain yang berlaku. If compliance risk is not managed well,
Risiko kepatuhan, jika tidak dikelola dengan it will potentially lead to penalty charges,
baik, berpotensi pada pengenaan denda, punishments, or damage to reputation.
hukuman, atau rusaknya reputasi.
Dalam menjalankan kegiatan usaha pada In engaging in the banking industry

industri perbankan, Bank diwajibkan untuk services, the Bank is required to comply
selalu tunduk terhadap peraturan with the banking regulations issued by the
perbankan yang diterbitkan oleh Bank Government and Bank Indonesia. In
Indonesia maupun Pemerintah. Selain itu, addition, the Bank is also required to
Bank juga wajib tunduk kepada beberapa comply with several other rules such as:
ketentuan lainnya seperti: peraturan yang regulation on Financial Services Authority,
mengatur Otoritas Jasa Keuangan, Deposit Guarantee Program, Limited
Penjaminan Simpanan, Perseroan Liability Company and Taxation.
Terbatas dan Perpajakan.
Pada umumnya, risiko kepatuhan melekat In general, the compliance risk is

pada sebuah perseroan terbatas yang embedded in the limited liability company
terkait erat pada peraturan perundang- which is related to the prevailing laws and
undangan dan ketentuan lain yang berlaku, regulations and other regulations, which
yang mengatur kewajiban Bank sebagai regulate the Bank’s responsibility as
sebuah lembaga perbankan, seperti: risiko a banking institution, such as: credit risks
kredit terkait dengan ketentuan Kewajiban related to Capital Adequacy Ratio (CAR)
Penyediaan Modal Minimum (KPMM); regulations; Earning Assets Quality;
Kualitas Aset Produktif; Pembentukan Allowance for Impairment Losses (CKPN);
Cadangan Kerugian Penurunan Nilai Legal Lending Limit (BMPK); Good
(CKPN); Batas Maksimum Pemberian Corporate Governance (GCG); and other
Kredit (BMPK); Penerapan Tata Kelola risks related to certain regulations. The
yang Baik (GCG); dan risiko lain yang inability of the Bank to follow and comply
terkait dengan ketentuan tertentu. with all laws and regulations related to the
Ketidakmampuan Bank untuk mengikuti Bank’s business activities may affect the
dan mematuhi seluruh peraturan continuity of the Bank.
perundangan yang terkait dengan kegiatan
usaha Bank dapat berdampak buruk
terhadap kelangsungan usaha Bank.
Langkah-langkah yang dilakukan untuk The steps to be taken to anticipate these

mengantisipasi risiko ini adalah dengan: risks are as follows:
a. Menyusun Kebijakan Kepatuhan dan a. Develop a Compliance Policy and Anti-

Kebijakan Anti Pencucian Uang dan Money Laundering and Preventing the
Pencegahan Pendanaan Terorisme. Financing of Terrorism Policies.
b. Pemantauan terhadap pengkinian data b. Monitor update of customer data and
nasabah dan penerapan single implementation of a single Customer
Customer Identity File (CIF) serta Identity File (CIF) as well as
penanganan rekening pasif/dorman. passive/dormant account management.

161

(viii) Risiko kepatuhan (lanjutan) (viii) Compliance risk (continued)
c. Pelaksanaan Program Anti Pencucian c. Implement the Anti-Money Laundering

Uang (APU) dan Pencegahan and Preventing the Financing of
Pendanaan Teroris (PPT) sesuai Terrorism Programs in accordance with
dengan amanat dalam Peraturan Bank the mandate in the Regulation of Bank
Indonesia, dimana Bank secara rutin Indonesia, where the Bank routinely
melakukan sosialisasi kepada unit-unit socialize the regulation to the relevant
terkait melalui Divisi Kepatuhan. units through the Compliance Division.
d. Untuk mendukung Rezim Anti d. Support the Anti-Money Laundering
Pencucian Uang, Bank secara Regime, the Bank has consistently
konsisten telah melakukan analisis dan analyzed and delivered the Suspicious
menyampaikan Laporan Transaksi Transaction Reports (LTKM) and Cash
Keuangan Mencurigakan (LTKM) dan Transaction Reports (LTKT) to the
Laporan Transaksi Keuangan Tunai Financial Transaction Reports and
(LTKT) kepada Pusat Pelaporan dan Analysis Center (PPATK).
Analisis Transaksi Keuangan (PPATK).
e. Peningkatan fungsi Divisi Kepatuhan e. Improve the function of Compliance
untuk melakukan uji kepatuhan atas Division to conduct compliance tests on
setiap regulasi, baik ketentuan internal any regulations, both internal and
maupun eksternal. external.
f. Penyusunan Laporan Kepatuhan untuk f. Prepare Compliance Reports for the
kepentingan internal dan eksternal needs of external and internal of the
Bank. Bank.
g. Dewan Komisaris dan Direksi h. g. The Boards of Commissioners and
senantiasa melakukan pemantauan Directors actively monitors the
secara aktif terhadap tingkat kepatuhan compliance level of the Bank through
Bank melalui laporan yang disampaikan periodic reports that are submitted by
secara berkala oleh Divisi Kepatuhan, the Compliance Division which include
seperti Laporan Pemantauan Compliance Monitoring Report, Fit and
Kepatuhan, Laporan Uji Kepatuhan dan Proper Test and Implementation Report
Laporan Pelaksanaan GCG. of GCG.
h. Memantau pelaksanaan proses h. Monitor the implementation of lending
pemberian pinjaman dan proses process and the recovery of assets or
pemulihan atas aset ataupun kredit NPL, to ensure that the implementation
bermasalah, untuk memastikan bahwa is executed in accordance with the
pelaksanaan dijalankan sesuai dengan applicable internal and external policies
ketentuan dan prosedur internal dan and procedures.
eksternal yang berlaku.
i. Memastikan bahwa untuk setiap i. Ensure each issuance of new products,
penerbitan produk dan aktivitas baru the activities are carried out in
dijalankan sesuai dengan ketentuan accordance with internal and external
internal dan eksternal yang berlaku, policies and reminds the related work
serta mengingatkan kepada unit kerja unit to perform analysis and review
terkait agar melakukan analisis dan riviu regularly the related costs and benefits
secara berkala terkait dengan cost dan and aspects of risk that may arise from
benefit, serta aspek risiko yang mungkin the issuance of new products and
muncul dari penerbitan produk dan activities.
aktivitas baru tersebut.
j. Memantau kepatuhan terhadap j. Monitor the compliance on reporting to
pelaksanaan pelaporan kepada pihak the regulator accurately and on a timely
regulator secara akurat dan tepat basis.
waktu.

162

46. NILAI WAJAR INSTRUMEN KEUANGAN 46. FAIR VALUE OF FINANCIAL INSTRUMENTS
Tabel di bawah ini menyajikan perbandingan antara The tables below summarize the comparison
nilai tercatat dan nilai wajar dari semua aset dan between the carrying amounts and fair values of all
liabilitas keuangan disajikan per kategori dari financial assets and liabilities presented per
instrumen keuangan. Nilai wajar yang diungkapkan category of financial instruments. The fair values
adalah berdasarkan informasi relevan yang tersedia disclosed are based on relevant information
pada tanggal 31 Desember 2018 dan 2017 dan tidak available as of December 31, 2018 and 2017 and
diperbaharui untuk mencerminkan perubahan dalam not updated to reflect changes in market conditions
kondisi pasar yang telah terjadi setelah tanggal ini. which have occurred after this date.
2018 2017
Nilai tercatat/ Nilai tercatat/
Carrying Nilai wajar/ Carrying Nilai wajar/
amount Fair value amount Fair value
Aset keuangan Financial assets

Kas 110.105 110.105 181.457 181.457 Cash
Giro pada Bank Indonesia 803.124 803.124 885.824 885.824 Bank Indonesia
Giro pada bank lain - neto 249.546 249.546 264.140 264.140 other b anks - net
Penempatan pada Bank Indonesia Placements with Bank Indonesia
dan bank lain - neto 649.905 649.905 514.950 514.950 and other b anks - net
Surat-surat berharga - neto 3.562.738 3.562.738 2.938.516 2.938.516 Marketab le securities - net
Tagihan derivatif 11.324 11.324 810 810 Derivative receivab les
Pinjaman yang diberikan - neto 10.129.117 10.129.117 11.281.861 11.281.861 Loans - net
Tagihan akseptasi - neto 102.188 102.188 100.901 100.901 Acceptance receivab les - net
Pendapatan bunga yang masih
akan diterima 102.992 102.992 99.588 99.588 Accrued interest income
Aset lain-lain 16.044 16.044 16.058 16.058 Other assets
Total
Total 15.737.083 15.737.083 16.284.105 16.284.105
Liabilitas keuangan Financial liabilities

Liabilitas segera 63.775 63.775 66.088 66.088 Ob ligations due immediately
Simpanan nasabah 13.248.605 13.248.605 12.904.620 12.904.620 Deposits from customers
Simpanan dari bank lain 1.911.604 1.911.604 1.485.561 1.485.561 Deposits from other b anks
Liabilitas derivatif 640 640 411 411 Derivative payab les
Liabilitas atas efek-efek yang Securities sold under repurchase
dijual dengan janji dibeli kembali 532.005 532.005 264.040 264.040 agreement
Liabilitas akseptasi 16.546 16.546 5.608 5.608 Acceptance payab les
Bunga masih harus dibayar 61.431 61.431 54.362 54.362 Accrued interest expenses
Beban yang masih harus dibayar Accrued expenses and
dan liabilitas lainnya 238.337 238.337 288.229 288.229 other liab ilities
Pinjaman subordinasi 143.800 143.800 339.188 339.188 Sub ordinated loan
Total
Total 16.216.743 16.216.743 15.408.107 15.408.107

163

a. Giro pada Bank Indonesia, giro pada bank lain, a. Current accounts with Bank Indonesia, current
pendapatan bunga yang masih akan diterima accounts with other banks, accrued interest
dan aset lain-lain. income and other assets.
Nilai tercatat dari giro pada Bank Indonesia dan The carrying amount of current accounts with
bank lain dengan suku bunga mengambang Bank Indonesia and other banks with floating
adalah perkiraan yang layak atas nilai wajar. rate is a reasonable approximation of fair
value.
Estimasi nilai wajar pendapatan bunga yang The estimated fair value of accrued interest
masih akan diterima ditetapkan berdasarkan income is based on discounted cash flows
diskonto arus kas dengan menggunakan suku using prevailing money market interest rates
bunga pasar uang yang berlaku untuk utang for debts with similar credit risk and remaining
dengan risiko kredit dan sisa jatuh tempo yang maturity. Since the maturity is less than
serupa. Karena sisa jatuh tempo di bawah 1 (one) year, the carrying amount of accrued
1 (satu) tahun sehingga nilai tercatat dari interest income is a reasonable approximation
pendapatan bunga yang masih akan diterima of fair value.
adalah perkiraan yang layak atas nilai wajar.
Nilai tercatat aset lain-lain kecuali setoran The carrying amount of other assets
jaminan adalah perkiraan yang layak atas nilai except security deposits is a reasonable
wajar karena memiliki tenor kurang dari 1 (satu) approximation of fair value since the maturity
tahun. Nilai wajar setoran jaminan diasumsikan is less than 1 (one) year. The fair value of
sama dengan nilai terutangnya karena security deposits are assumed to be the same
memiliki persyaratan pembayaran yang pasti as their original principal amounts since they
walaupun tidak diharapkan untuk dikembalikan have no fixed repayment terms although they
dalam jangka waktu 12 (dua belas) bulan are not expected to be settled within
setelah periode pelaporan. 12 (twelve) months after the reporting period.
b. Penempatan pada Bank Indonesia dan bank b. Placements with Bank Indonesia and other
lain banks
Nilai tercatat dari penempatan dengan suku The carrying amount of placements with
bunga mengambang adalah perkiraan yang floating rate is a reasonable approximation of
layak atas nilai wajar. fair value.
Estimasi nilai wajar terhadap penempatan The estimated fair value of fixed interest
dengan suku bunga tetap ditetapkan bearing deposits is based on discounted cash
berdasarkan diskonto arus kas dengan flows using prevailing money market interest
menggunakan suku bunga pasar uang yang rates for debts with similar credit risk and
berlaku untuk utang dengan risiko kredit dan remaining maturity. Since the maturity is less
sisa jatuh tempo yang serupa. Karena sisa than 1 (one) year, the carrying amount of fixed
jatuh tempo di bawah 1 (satu) tahun sehingga interest bearing deposits is a reasonable
nilai tercatat dari penempatan dengan suku approximation of fair value.
bunga tetap adalah perkiraan yang layak atas
nilai wajar.
c. Surat berharga c. Marketable securities
Nilai wajar untuk surat berharga ditetapkan The fair value for marketable securities is
berdasarkan harga pasar atau harga kuotasi based on market prices or broker/dealer price
perantara (broker)/pedagang efek (dealer). quotations.

164

d. Pinjaman yang diberikan d. Loans
Portofolio pinjaman Bank secara umum terdiri The Bank’s loan portfolio primarily consists of
dari pinjaman yang diberikan dengan suku loans with floating interest rate and
bunga mengambang dan pinjaman yang short-term loans with fixed interest rate. Loans
diberikan dengan jangka pendek dengan suku are stated at amortized cost. The estimated
bunga tetap. Pinjaman yang diberikan fair value of loans represents the discounted
dinyatakan berdasarkan amortized cost. Nilai amount of estimated future cash flows
wajar dari pinjaman yang diberikan expected to be received by the Bank using the
menunjukkan nilai diskon dari perkiraan arus current market rates.
kas masa depan yang diharapkan akan diterima
oleh Bank dengan menggunakan suku bunga
pasar saat ini.
Nilai tercatat dari pinjaman yang diberikan The carrying amounts of floating rate loans
dengan suku bunga mengambang dan nilai and short-term fixed rate loans are the
tercatat atas pinjaman jangka pendek dengan reasonable approximation of their fair values.
suku bunga tetap adalah perkiraan yang layak
atas nilai wajar.
e. Instrumen derivatif e. Derivatives instrument
Nilai wajar atas instrumen derivatif yang dinilai The fair values of derivatives instrument are
menggunakan teknik penilaian dengan valued by valuation techniques using
menggunakan komponen yang dapat diamati components which can be observed in the
di pasar terutama adalah swap suku bunga, market, primarily are interest rate swaps,
swap mata uang dan kontrak pertukaran mata currency swaps and currency exchange
uang. Teknik penilaian yang paling banyak contracts. Most widely used valuation
digunakan meliputi model penilaian forward dan techniques include forward and swap
swap yang menggunakan perhitungan nilai kini. valuation models which use the present value
Model tersebut menggabungkan berbagai calculation. The models incorporate various
komponen yang meliputi kualitas kredit dari components which include the credit quality of
counterparty, nilai spot dan kontrak berjangka the counterparty, spot value and future
serta kurva tingkat suku bunga. contracts and interest rate curve.
f. Liabilitas segera, simpanan nasabah, simpanan f. Obligations due immediately, deposits from
dari bank lain, bunga masih harus dibayar, customers, deposits from other banks,
beban masih harus dibayar dan liabilitas lain- accrued interest expenses, accrued expenses
lain. and other liabilities.
Estimasi nilai wajar simpanan tanpa jatuh The estimated fair value of deposits with no
tempo, termasuk simpanan tanpa bunga, stated maturity, which includes non-interest
adalah sebesar jumlah terutang ketika utang bearing deposits, is the amount repayable on
tersebut dibayarkan. demand.
Estimasi nilai wajar terhadap simpanan dengan The estimated fair value of fixed interest
tingkat suku bunga tetap, bunga masih harus bearing deposits, accrued interest expenses,
dibayar, beban masih harus dibayar dan accrued expenses and other liabilities not
liabilitas lain-lain yang tidak memiliki kuotasi di quoted in an active market is based on
pasar aktif ditetapkan berdasarkan diskonto discounted cash flows using interest rates for
arus kas dengan menggunakan suku bunga new debts with similar remaining maturity.
utang baru dengan sisa jatuh tempo yang Since the maturity is less than 1 (one) year,
serupa. Karena sisa jatuh tempo di bawah the carrying amount of deposits from
1 (satu) tahun sehingga nilai tercatat dari customers, deposits from other banks,
simpanan nasabah, simpanan dari bank lain, accrued interest expenses, accrued expenses
bunga masih harus dibayar, beban masih harus and other liabilities is a reasonable
dibayar dan liabilitas lain-lain adalah perkiraan approximation of fair value.
yang layak atas nilai wajar.
g. Pinjaman subordinasi g. Subordinated loan
Nilai wajar dari pinjaman subordinasi dihitung The fair value of subordinated loan is
menggunakan arus kas yang didiskonto calculated using discounted cash flows using
berdasarkan suku bunga pasar. market rate.

165

Tabel di bawah ini menunjukkan instrumen The tables below show the financial instruments
keuangan yang diukur pada nilai wajar yang measured at fair value grouped based on fair value
dikelompokkan berdasarkan hirarki nilai wajar: hierarchy:
2018
Nilai tercatat/ Nilai wajar/Fair value
Carrying Tingkat/ Tingkat/ Tingkat/
amount Level 1 Level 2 Level 3

Nilai wajar melalui laba rugi Fair value through profit or loss
Surat-surat berharga 484.265 484.265 - - Marketab le securities
Tagihan derivatif 11.324 - 11.324 - Derivative receivab les
Tersedia untuk dijual Availab le-for-sale
Surat-surat berharga 3.078.473 3.078.473 - - Marketab le securities
Pinjaman yang diberikan dan piutang Loans and receivab les
Pinjaman yang diberikan 10.129.117 - - 10.129.117 Loans
Total
Total 13.703.179 3.562.738 11.324 10.129.117

Liabilitas derivatif 640 - 640 - Derivative payab les
Liabilitas keuangan yang Financial liab ilities
diukur pada biaya perolehan measured at
diamortisasi amortized cost
Pinjaman subordinasi 143.800 - - 143.800 Sub ordinated loan
Total
Total 144.440 - 640 143.800
2017
Nilai tercatat/ Nilai wajar/Fair value
Carrying Tingkat/ Tingkat/ Tingkat/
amount Level 1 Level 2 Level 3

Tagihan derivatif 810 - 810 - Derivative receivab les
Tersedia untuk dijual Availab le-for-sale
Pinjaman yang diberikan dan piutang Loans and receivab les
Pinjaman yang diberikan 11.281.861 - - 11.281.861 Loans
Total
Total 14.221.187 2.938.516 810 11.281.861

Liabilitas derivatif 411 - 411 - Derivative payab les
Liabilitas keuangan yang Financial liab ilities
diukur pada biaya perolehan measured at
diamortisasi amortized cost
Pinjaman subordinasi 339.188 - - 339.188 Sub ordinated loan
Total
Total 339.599 - 411 339.188

166

47. MANAJEMEN MODAL 47. CAPITAL MANAGEMENT
Tujuan manajemen permodalan Bank adalah The Bank’s capital management objective is to
untuk mempertahankan posisi modal yang kuat maintain a strong capital position to support
untuk mendukung pertumbuhan bisnis dan business growth and to sustain investors,
mempertahankan investor, deposan, nasabah depositors, customers and market confidence.
dan kepercayaan pasar. Dalam pengelolaan In managing its capital, the Bank consider factors
permodalan, Bank mempertimbangkan faktor-faktor such as providing optimal capital rate of return to
seperti pengembalian modal yang optimal pada shareholders and safety resulting from a good
pemegang saham dan keamanan yang diberikan capital position.
oleh posisi modal yang sehat.
Manajemen menggunakan rasio permodalan yang Management uses regulatory capital ratios in order
diwajibkan regulator untuk memantau permodalan to monitor its capital. Bank Indonesia’s approach
Bank. Pendekatan Bank Indonesia untuk to such measurement is primarily based on
pengukuran tersebut terutama berdasarkan monitoring the correlation of the capital adequacy
pengawasan atas hubungan antara kecukupan to availability of capital resources.
modal dengan ketersediaan modal.
Rasio Kewajiban Penyediaan Modal Minimum The Capital Adequacy Ratio (CAR) is the ratio of
(KPMM) adalah rasio modal tehadap Aset the Bank’s capital over its Risk-Weighted Assets
Tertimbang Menurut Risiko (ATMR). Sesuai dengan (RWA). In accordance with OJK Regulation
peraturan OJK No. 34/POJK.03/2016 tentang No. 34/POJK.03/2016 concerning the Minimum
Kewajiban Penyediaan Modal Minimum Bank Umum Capital Requirement for Commercial Banks and
dan Surat Edaran OJK No. 43/SEOJK.03/2016 OJK Circular Letter No. 43/SEOJK.03/2016 on
tentang Transparansi dan Publikasi Laporan Bank Transparency and Conventional Commercial Bank
Umum Konvensional, sejak akhir bulan September Report Publication, since the end of the September
2016, Cadangan Tujuan tidak dapat lagi 2016, Specific Reserves can no longer be taken
diperhitungkan sebagai komponen Modal Bank. into account as a component of Bank’s Capital.
Peraturan ini juga mengatur tentang pemenuhan This regulation also stipulates minimum Tier 1 ratio
rasio modal inti (Tier 1) paling rendah sebesar 6% at a minimum of 6% and Common Equity Tier 1
dan rasio modal inti utama (Common Equity Tier 1) ratio at a minimum of 4.5%.
paling rendah sebesar 4,5%.
Bank telah melakukan perhitungan kecukupan The Bank calculates its capital adequacy
modal berdasarkan ketentuan BI yang berlaku, requirements using the prevailing BI regulation,
dimana modal yang dimiliki diklasifikasikan dalam where the regulatory capital is classified into 2
2 (dua)Tier yaitu Modal Tier 1 dan Modal Tier 2. (two) Tiers: Tier 1 Capital and Tier 2 Capital.

167

47. MANAJEMEN MODAL (lanjutan) 47. CAPITAL MANAGEMENT(continued)
a. Komposisi permodalan Bank a. Composition of the Bank’s capital
Rasio Kewajiban Penyediaan Modal Minimum As of December 31, 2018 and 2017, the Bank’s
Bank pada tanggal 31 Desember 2018 dan Capital Adequacy Ratio which is calculated in
2017 dihitung berdasarkan Peraturan Bank compliance with Bank Indonesia’s regulation is
Indonesia adalah sebagai berikut: as follows:
2018 2017
Komponen modal Component of capital
A. Modal inti A. Core capital

Modal disetor 12.223.149 12.223.155 Paid-up capital
Cadangan tambahan modal (11.416.808) (10.712.054) Reserve for additional capital
Modal inti tambahan 353.375 - Additional Tier I
Total modal inti 1.159.716 1.511.101 Total core capital
B. Modal pelengkap B. Supplementary capital

Cadangan umum penyisihan General reserve of allowance for
kerugian aset produktif 97.248 115.635 possib le losses on earning assets
Pinjaman subordinasi 529.420 186.553 Sub ordinated loan
Total modal pelengkap 626.668 302.188 Total supplementary capital
Total modal pelengkap yang Total accounted
diperhitungkan 626.668 302.188 supplementary capital
Total modal inti dan modal Total core capital and
pelengkap 1.786.384 1.813.289 supplementary capital
Total modal (Catatan 43) 1.786.384 1.813.289 Total capital (Note 43)
Aset Tertimbang Menurut Risiko Risk Weighted Assets

(ATMR) untuk risiko kredit 11.746.022 12.094.941 (RWA) for credit risk
(ATMR) untuk risiko pasar 58.852 173.402 (RWA) for market risk
(ATMR) untuk risiko operasional 926.700 544.610 (RWA) for operational risk
Rasio Kewajiban Penyediaan Modal
Minimum untuk risiko kredit dan Capital Adequacy Ratio for
risiko operasional 14,10% 14,35% credit risk and operation
Rasio Kewajiban Penyediaan Modal Capital Adequacy Ratio for
Minimum untuk risiko kredit, market risk, credit risk
risiko pasar dan risiko operasional 14,03% 14,15% and operational risk
Rasio Kewajiban Penyediaan Modal Minimum Capital Adequacy
Minimum yang diwajibkan 8,00% 8,00% Ratio Requirement
Pada tanggal 31 Desember 2018 dan As of December 31, 2018 and 2017, the Bank
2017, Bank telah memenuhi semua persyaratan has complied with all capital requirements.
modal yang diwajibkan.

168

47. MANAJEMEN MODAL (lanjutan) 47. CAPITAL MANAGEMENT (continued)
b. Alokasi permodalan b. Capital allocation
Pengalokasian permodalan untuk aktivitas bisnis The capital allocation for business activities
dan operasional Bank merupakan tugas dan and operations of the Bank is the duty and
tanggung jawab Unit Kerja Manajemen Risiko responsibility of the Risk Management Unit
yang terkait dengan profil risiko Bank. related to the Bank’s risk profile. The capital
Pengambilan keputusan atas alokasi modal allocation decisions were made in the ALCO
dilakukan dalam rapat ALCO. meeting.
Pengalokasian modal untuk aktivitas bisnis dan The capital allocation for business and
operasional bertujuan untuk mencapai tingkat operational activities is aimed at achieving
pendapatan yang optimal dengan rasio KPMM an optimal level of income while the CAR is
yang terjaga pada level yang telah ditetapkan maintained at a predetermined level by the
oleh manajemen Bank dan ketentuan regulasi Bank’s management and the provision of
perbankan. banking regulation.
48. JAMINAN PEMERINTAH TERHADAP 48. GOVERNMENT GUARANTEE ON OBLIGATION

KEWAJIBAN PEMBAYARAN BANK OF COMMERCIAL BANKS
Sejak tahun 1998, Pemerintah menjamin liabilitas Since 1998, the Government guarantees the
bank umum meliputi giro, tabungan, deposito obligations of commercial banks including demand
berjangka dan deposits on call, obligasi, surat deposits, savings deposits, time deposits and
berharga, pinjaman antar bank, pinjaman yang deposits on call, bonds, marketable securities,
diterima, Letters of Credit, akseptasi, swap mata interbank borrowings, fund borrowings, Letters of
uang dan liabilitas kontinjensi lainnya seperti bank Credit, acceptances, currency swap and other
garansi, standby Letters of Credit, performance contingent liabilities such as bank guarantees,
bonds dan liabilitas sejenis selain yang dikecualikan standby Letters of Credit, performance bonds and
dalam keputusan ini seperti obligasi subordinasi dan other kinds of liabilities other than those excluded
liabilitas kepada direktur, komisaris dan pihak in this regulation such as subordinated bonds and
berelasi dengan Bank. liabilities to directors, commissioners and related
parties of the Bank.
Pada tanggal 13 Oktober 2008, Presiden Republik On October 13, 2008, the President of the
Indonesia menetapkan Peraturan Pemerintah Republic of Indonesia issued the Government
No. 66 Tahun 2008 tentang besaran nilai simpanan Regulation No. 66 Year 2008 regarding the
yang dijamin LPS. Berdasarkan Peraturan tersebut, amount of deposits guaranteed by LPS to each
nilai simpanan yang dijamin untuk setiap nasabah customers in one bank which was originally based
pada satu bank yang semula berdasarkan Undang- on Law No. 24 Year 2004 and was set for a
Undang No. 24 Tahun 2004 ditetapkan maksimum maximum of Rp 100 and was eventually changed
Rp 100 diubah menjadi maksimum Rp 2.000 dan to a maximum of Rp 2,000 and about the LPS,
tentang LPS, setiap bank yang melakukan kegiatan whereas any banks conducting business in the
usaha di wilayah Negara Republik Indonesia, wajib territory of the Republic of Indonesia, shall become
menjadi peserta Penjaminan LPS. Berdasarkan hal participants of LPS. Accordingly, Bank is a
tersebut, Bank merupakan Bank peserta participant of LPS. Based on the Law of the
penjaminan LPS. Berdasarkan Undang-Undang Republic of Indonesia No. 7 Year 2009, the
Republik Indonesia No. 7 Tahun 2009, Peraturan Government Regulation in Lieu of Law regarding
Pemerintah Pengganti Undang-Undang tentang Indonesia Deposit Insurance Corporation has been
Lembaga Penjamin Simpanan telah ditetapkan determined into Law since January 13, 2009.
menjadi Undang-Undang sejak tanggal
13 Januari 2009.
Beban premi penjaminan Pemerintah yang dibayar The Government guarantee premium paid
untuk tahun yang berakhir pada tanggal for the years ended December 31, 2018 and 2017
31 Desember 2018 dan 2017 masing-masing amounted to Rp 21,804 and Rp 27,108,
adalah sebesar Rp 21.804 dan Rp 27.108. respectively.

169

49. KREDIT LIKUIDITAS BANK INDONESIA 49. BANK INDONESIA LIQUIDITY LOAN
Pada tanggal 12 Mei 1999, Bank Indonesia On May 12, 1999, Bank Indonesia agreed to
menyetujui untuk menunjuk Bank sebagai bank appoint the Bank as the distributor for the Bank
penyalur Kredit Likuiditas Bank Indonesia (KLBI) Indonesia Liquidity Loan (namely KLBI) for Small
untuk Kredit Pengusaha Kecil dan Mikro (KPKM). and Micro Business (namely KPKM). The amounts
Jumlah dana yang disepakati untuk disalurkan of fund to be distributed were about
adalah sebesar Rp 2.197 dengan suku bunga KLBI Rp 2,197 with KLBI interest rate at 13% per
sebesar 13% per tahun dan suku bunga KPKM annum and KPKM interest rate to debtors at 16%
kepada debitur sebesar 16% per tahun. per annum.
Jangka waktu KLBI adalah maksimum 6 (enam) The maturity period of KLBI is for
tahun termasuk masa tenggang (grace period) a maximum of 6 (six) years including 1 (one) year
selama 1 (satu) tahun atau sampai dengan tanggal grace period or until December 31, 2004 for
31 Desember 2004 untuk pembiayaan modal kerja. working capital loan.
Bank tidak menanggung risiko kredit atas The Bank does not bear credit risk from those
penyaluran KPKM tersebut, namun Bank juga wajib KPKM distributions, but the Bank is obliged to:
untuk:
a. Menganalisa dan memeriksa pemenuhan a. Analyze and check the requirement of debtors’
persyaratan administrasi debitur; administration;
b. Membuat perjanjian dengan debitur; b. Make agreement with the debtors;
c. Menatausahakan KPKM; c. Manage the administration of KPKM;
d. Menerima pelunasan KPKM dan debitur dan d. Receive KPKM payment from debtors and
meneruskannya kepada Bank Indonesia; forward to Bank Indonesia;
e. Menyampaikan laporan penyaluran dan e. Submit a report for the distribution and
pengembalian KPKM; dan payments received for KPKM; and
f. Membantu mengawasi penggunaan serta f. Assist in monitoring the use of and recollection
membantu menagih kembali KPKM. of KPKM.
Berdasarkan surat dari Bank ke Bank Indonesia Based on letter from the Bank to Bank Indonesia
No. 078/Mutiara/D/I/10 tanggal 27 Januari 2010 No. 078/Mutiara/D/I/10 on January 27, 2010
perihal rekonsiliasi saldo rekening pinjaman per regarding reconciliation of outstanding loan as of
tanggal 31 Maret 2010, tercatat saldo rekening March 31, 2010, the carrying outstanding loan of
pinjaman KLBI Bank (ex PT Bank Pikko) yang KLBI (ex PT Bank Pikko) amounted to Rp 165 as
jumlahnya adalah sebesar Rp 165 pada of December 31, 2011 with the status of all loans
tanggal 31 Desember 2011 dengan keterangan are non-performing.
semua debitur kredit macet.

170

50. PERIKATAN, PERJANJIAN DAN INFORMASI 50. COMMITMENTS, AGREEMENTS AND OTHER
PENTING IMPORTANT INFORMATION
a. Proses Persidangan di Pengadilan Mauritius a. Proceedings in the Mauritius Court
Pada tanggal 27 Desember 2012, di Mahkamah On December 27, 2012, in the Supreme
Agung Mauritius (Divisi Komersial), First Global Court of Mauritius (Commercial Division), First
Funds Limited PCC (“FGFL”) mengajukan klaim Global Funds Limited PCC (“FGFL”) filed a
terhadap Bank untuk pembayaran kembali claim against the Bank for repayment of
dugaan pinjaman dan bunga sebesar alleged loans and interest of USD 18,292,131
USD 18.292.131 bersama dengan bunga together with interest thereon until the final
hingga tanggal pembayaran akhir dan Weston payment date, and Weston International Asset
International Asset Recovery Co., Ltd., Recovery Co., Ltd., (“WIARCO”) filed a claim
("WIARCO") mengajukan klaim terhadap Bank against the Bank with the case that the Bank
dengan kasus bahwa Bank memiliki kewajiban has an obligation to pay WIARCO, as
untuk membayar WIARCO sebagai pemegang bondholder, the principal amounts under
obligasi jumlah pokok di bawah Mandatory Mandatory Convertible Bond (MCB) allegedly
Convertible Bond (MCB) yang diduga issued by the Bank (formerly PT Bank Century
dikeluarkan oleh Bank (dahulu PT Bank Century Tbk) on June 16, 2006 and April 14, 2008,
Tbk) pada 16 Juni 2006 dan 14 April 2008, with an amount of USD 15,000,000 (Note 25)
masing-masing sebesar USD 15.000.000 and USD 40,000,000, respectively, their
(Catatan 25) dan USD 40.000.000, bunga yang accrued interest of USD 10,350,000 together
masih harus dibayar sebesar USD 10.350.000 with any interest thereon until the final
bersama dengan seluruh bunga hingga tanggal payment date (collectively, the “2013
pembayaran akhir (secara bersama-sama Mauritian Proceedings”). The Bank did not
disebut "Proses Hukum Mauritian 2013"). Bank appear in the 2013 Mauritian Proceedings.
tidak muncul dalam Proses Hukum Mauritian On February 15, 2013, the Mauritius Court
2013. Pada tanggal 15 Februari 2013, rendered its decision in the absence of the
Pengadilan Mauritius memberikan Bank in favor of FGFL and WIARCO ordering
keputusannya karena tidak ada Bank yang the Bank to pay USD 18,292,131 plus interest
mendukung FGFL dan WIARCO to FGFL, and USD 65,350,000 plus interest to
memerintahkan Bank untuk membayar WIARCO (collectively, the “2013 Mauritian
USD 18.292.131 ditambah bunga kepada FGFL Judgements”). According to the legal opinion
dan WIARCO sebesar USD 65.350.000 (secara from Bank’s legal counsel, Pradjoto &
bersama-sama disebut dengan “Putusan Associates, as stated in its letter
Mauritian 2013”). Menurut pendapat hukum dari No. 35/PNA/LO-BM.MCB/04/14 dated
penasihat hukum Bank Pradjoto & Associates, April 29, 2014, under the provisions of
sebagaimana dinyatakan dalam surat applicable law in Indonesia, the decision of the
No. 35/PNA/LOBM.MCB/04/14 tanggal 29 April Mauritius Court cannot be executed in
2014, berdasarkan ketentuan hukum yang Indonesia. If Weston wishes to execute the
berlaku di Indonesia, keputusan Pengadilan decision of the Mauritius Court in Indonesia,
Mauritius tidak dapat dieksekusi di Indonesia. then Weston must file a new lawsuit in the
Jika Weston ingin mengeksekusi keputusan Indonesian Court and use Indonesian Law as
Pengadilan Mauritius di Indonesia, maka a reference.
Weston harus mengajukan gugatan baru di
Pengadilan Indonesia dan menggunakan
Hukum Indonesia sebagai rujukan.
Pada pertengahan Maret 2015, FGFL bersama- In mid of March 2015, FGFL together with its
sama dengan perusahaan afiliasinya, WIARCO, affiliated companies, WIARCO, Weston
Weston Capital Advisors, Inc. ("WCAI") dan Capital Advisors, Inc. (“WCAI”) and Weston
Weston International Asset Recovery International Asset Recovery Corporation Inc.
Corporation Inc. ("WIARCI") (secara kolektif, (“WIARCI”) (collectively, “Weston”) filed an
"Weston") mengajukan tindakan terhadap Bank action against the Bank and J Trust Co Ltd in
dan J Trust Co Ltd di Mahkamah Agung the Supreme Court of Mauritius (Commercial
Mauritius (Divisi Komersial) dengan klaim Division) with the following claims (the “2015
berikut ("Proses Mauritian 2015"): Mauritian Proceedings”):
- Klaim yang diajukan oleh FGFL: - Claim filed by FGFL:
Wanprestasi atas pembayaran registrasi Default on payment on the re-registration
ulang dan biaya transfer saham sebesar and share transfer fees amounting to
USD 4.171.231 (termasuk bunga dan denda USD 4,171,231 (including interest and
bunga) dan panggilan modal atas biaya penalty interest) and capital calls on
yang dapat diganti sebesar USD 635.430 reimbursable expenses amounting to
(termasuk bunga dan denda bunga). USD 635,430 (including interest and
penalty interest).

171

PENTING (lanjutan) IMPORTANT INFORMATION (continued)
a. Proses Persidangan di Pengadilan Mauritius a. Proceedings in the Mauritius Court (continued)

(lanjutan)
- Klaim yang diajukan oleh WCAI dan WIARCI: - Claim filed by WCAI and WIARCI:
Sehubungan dengan Keputusan Proses In connection with the Decision of the 2013
Hukum Mauritian 2013, antara lain Obligasi Mauritian Proceedings, among others the
Konversi, Bank telah gagal menyelesaikan Convertible Bond, the Bank has failed to
jumlah USD 97.556.515 (termasuk bunga). settle the amount of USD 97,556,515
(including interest).
- Klaim yang diajukan oleh WIARCO: - Claim filed by WIARCO:
Wanprestasi atas pembayaran kewajiban Default on payment on contractual

kontraktual atas pelunasan Sertifikat Setoran obligation of the redemption of West LB
Dana LB Barat Linked Note sebesar Fund Linked Note Certificate of Deposit
USD 8.176.821 (termasuk bunga). amounting to USD 8,176,821 (including
interest).
Bank dan J Trust Co., Ltd. tidak muncul dalam The Bank and J Trust Co., Ltd. did not appear
Persidangan Mauritian 2015. Pada tanggal in the 2015 Mauritian Proceedings. On
29 Mei 2015, Mahkamah Agung Mauritius May 29, 2015, the Supreme Court of Mauritius
mengeluarkan keputusan tanpa Bank dan issued a decision in the absence of the Bank
J Trust Co., Ltd. Memerintahkan Bank dan and J Trust Co., Ltd ordering the Bank and
J Trust Co., Ltd. untuk membayar sejumlah J Trust Co., Ltd. to pay an amount of
USD 4.806.661 kepada FGFL dengan bunga USD 4,806,661 to FGFL with interest until final
sampai pembayaran terakhir, dan meminta payment, and ordering J Trust Co., Ltd. to pay
J Trust Co., Ltd. untuk membayar sejumlah an amount of USD 97,556,515 with interest
USD 97.556.515 dengan bunga sampai until final payment to WCAI and WIARCI and
pembayaran akhir ke WCAI dan WIARCI dan USD 8,176,821 with interest until final
USD 8.176.821 dengan bunga sampai payment to WIARCO (the “2015 Mauritian
pembayaran akhir ke WIARCO (“2015 Mauritian Judgement”).
Judgement”).
Pada bulan September 2015, Weston In September 2015, Weston obtained an Ex

memperoleh Ex parte Mareva Injunction dari parte Mareva Injunction from the Supreme
Mahkamah Agung Mauritius (Divisi Komersial) Court of Mauritius (Commercial Division)
terhadap Bank dan J Trust Co., Ltd. yang against the Bank and J Trust Co., Ltd.
melarang mereka baik secara langsung prohibiting them, whether directly or indirectly,
maupun tidak langsung, untuk membuang from disposing of and/or dealing with any
dan/atau berurusan dengan uang. Hingga nilai money up to the value of USD 120 million to
USD 120 juta untuk mengamankan secure payment of the 2015 Mauritian
pembayaran Keputusan pengadilan Mauritian Judgement (the “Mareva Injunction”).
2015 (“Keputusan Mareva”).
Pada 2016, Weston mengajukan persidangan In 2016, Weston filed contempt proceedings in
hukum di Mauritius terhadap Bank, J Trust Co., Mauritius against the Bank, JTrust Co., Ltd.
Ltd. dan pihak-pihak lain (termasuk direktur and other parties (including the Bank’s
individual Bank) meminta bahwa para terdakwa individual directors) asking for an order that
melakukan penghinaan terhadap pengadilan the defendants committed contempt of court
atas tuduhan pelanggaran keputusan Mareva for alleged breaches of the Mareva Injunction
dan untuk Bank dan Kegagalan J Trust Co., and for the Bank and JT’s failure to pay the
Ltd., untuk membayar Putusan Mauritius 2015. 2015 Mauritian Judgement. In 2017, the
Pada tahun 2017, pengadilan Mauritius Mauritian court granted Weston’s motion in the
mengabulkan mosi Weston dengan tidak absence of the Bank and JTrust Co., Ltd., and
adanya Bank dan J Trust Co., Ltd., dan declared all defendants in contempt of the
menyatakan semua terdakwa dengan Mareva Injunction (the “Contempt Order”).
penghinaan terhadap keputusan Mareva
(“Perintah Penghinaan”).

172

a. Proses Persidangan di Pengadilan Mauritius a. Proceedings in the Mauritius Court (continued)
(lanjutan)
Pada bulan Maret 2017, FGFL, WIARCO, In March 2017, FGFL, WIARCO, WCAI and
WCAI dan WIARCI mengaku berkaitan dengan WIARCI purported to attach in the hands of 12
12 penyitaan terkait Weston, semua uang atau Weston-related garnishees, all monies or
properti yang saat ini dipegang oleh garnishees properties presently held or to be held by the
Weston untuk rekening Bank, termasuk, konon, Weston garnishees for the account of the
Perintah Investigasi Pengadilan New York Bank, including, purportedly, the New York
(didefinisikan di bawah). Pada bulan Juli 2018, Court’s Revesting Orders (defined below). In
pengadilan Mauritian mengesahkan Order July 2018, the Mauritian court validated the
Attachment dengan tidak adanya Bank (“Order Attachment Order in the absence of the Bank
Attachment”). (“Attachment Order”).
Pengadilan Mauritius tidak memiliki yurisdiksi The Mauritius Courts had no jurisdiction over
atas Bank karena keputusan di atas the Bank as the above decisions were issued
dikeluarkan tanpa kehadiran Bank (in-absentia). without the presence of the Bank (in-absentia).
Putusan Mauritian 2013 dan 2015, putusan The 2013 and 2015 Mauritian Judgements, the
Mareva, Perintah Penghinaan atau Perintah Mareva Injunction, the Contempt Order or the
Lampiran (“Keputusan Mauritian”) mungkin Attachment Order (the “Mauritian Decisions”)
tidak dapat dieksekusi langsung di Indonesia. may not be directly executed in Indonesia. The
Bank akan mengambil tindakan hukum untuk Bank will take legal action to resist any attempt
menolak upaya apa pun oleh Weston untuk by Weston to enforce the Mauritian Decisions
menegakkan Keputusan Mauritian di luar outside the jurisdiction of Indonesia. In
yurisdiksi Indonesia. Pada bulan September September 2017, FGFL, WIARCO, WCAI,
2017, FGFL, WIARCO, WCAI, WIARCI dan WIARCI and Weston International Capital
Weston International Capital Limited memulai Limited commenced a legal action against 21
tindakan hukum terhadap 21 terdakwa, defendants, including the Bank and J Trust
termasuk Bank dan J Trust Co., Ltd., di mana Co., Ltd., in which they sought, among other
mereka mencari, di antara klaim lain, untuk claims, to make more parties liable to pay for
membuat lebih banyak pihak yang bertanggung the judgements issued in the 2013 Mauritian
jawab atas membayar untuk putusan yang Proceedings and the 2015 Mauritian
dikeluarkan dalam Prosiding Mauritian 2013 Proceedings (the “2017 Main Case”). Weston
dan Prosiding Mauritian 2015 (“Kasus Utama is claiming USD 400 million in damages for
2017”). Weston mengklaim ganti rugi USD 400 fraud and conspiracy (some of the damages
juta untuk penipuan dan konspirasi (beberapa relate to the previous 2015 Mauritian
kerugian terkait dengan utang 2015 keputusan Judgement debts). The Bank and J Trust Co.,
Mauritian sebelumnya). Bank dan J Trust Co., Ltd. have not entered an appearance. Certain
Ltd. belum masuk. Terdakwa tertentu muncul defendants have appeared to contest service
untuk mengikuti layanan dan yurisdiksi and jurisdiction of Mauritian court and to stay
pengadilan Mauritian dan untuk tetap these proceedings.
melanjutkan proses ini.
Dalam perkembangannya Bank memohonkan In its development, the Bank requested a delay
penundaan atas pembacaan putusan atas in reading the decision on this case scheduled
kasus ini yang dijadwalkan pada tanggal for November 26, 2018 against the
26 November 2018 terhadap pihak Para Defendants. This request was granted by the
Tergugat. Permohonan ini dikabulkan oleh Mauritius Court where the Court refused to
Pengadilan Mauritius dimana Pengadilan read the decision on November 26, 2018. The
menolak pembacaan putusan pada tanggal court decided not to impose the decision on
26 November tersebut. Pengadilan the Defendants and chose to hear the main
memutuskan untuk tidak menjatuhkan putusan case first, the Court decided to hold a follow-up
tersebut kepada Para Tergugat dan memilih hearing on January 28, 2019. The court was
untuk menyidangkan pokok perkara terlebih also interested in the issue of WCAI
dahulu, Pengadilan memutuskan untuk representatives in this trial / case. In this case,
mengadakan hearing lanjutan pada tanggal WCAI has 2 representatives. The first
28 Januari 2019. Pengadilan juga tertarik representative was from Weston while the
dengan masalah perwakilan WCAI di dalam second representative of the Bank as WCAI
persidangan/ kasus ini. Adapun dalam hal ini owner was based on the New York Court
WCAI memiliki 2 perwakilan. Perwakilan Decision.
pertama adalah dari pihak Weston sedangkan
perwakilan kedua Bank selaku pemilik WCAI
berdasarkan Putusan Pengadilan New York.

173

b. Proses Persidangan di Pengadilan Singapura b. Proceedings in Singapore Courts
FGFL, WIARCI, WCAI dan WIARCO (secara FGFL, WIARCI, WCAI and WIARCO
kolektif, "Weston") mengajukan gugatan (collectively, “Weston”) filed a lawsuit against
terhadap Bank dan J Trust Co., Ltd., di the Bank and J Trust Co., Ltd., in the Court of
Pengadilan Singapura pada 16 Oktober 2015 Singapore on October 16, 2015 (the
("Pengadilan Singapura"). Weston mengklaim “Singapore Proceedings”). Weston claim the
jumlah berikut terhadap Bank dan J Trust Co., following sums against the Bank and J Trust
Ltd., dalam Prosiding Singapura: Co., Ltd., in the Singapore Proceedings:
- FGFL sebesar USD 5.533.117,36 - FGFL amounting to USD 5,533,117.36

- WIARCO sebesar USD 14.812.672,26 - WIARCO amounting to USD 14,812,672.26
- WCAI sebesar USD 21.361.561,84 - WCAI amounting to USD 21,361,561.84
- WIARCL sebesar USD 138.078.386,73 - WIARCL amounting to USD 138,078,386.73
Klaim terhadap Bank dalam Proses Singapura The claims against the Bank in the Singapore
adalah untuk menegakkan Putusan Mauritian Proceedings are to enforce the 2013 and 2015
2013 dan 2015 untuk jumlah yang disebutkan di Mauritian Judgements for the above-stated
atas, dan sebagai alternatif untuk utang yang amounts, and in the alternative for the
mendasari sehingga menimbulkan Putusan underlying debts giving rise to the 2013 and
Mauritian 2013 dan 2015 (“Klaim yang 2015 Mauritian Judgements (the “Underlying
Mendasari”). Namun, Klaim yang Mendasari Claims”). However, the Underlying Claims of
WIARCO, WCAI dan WIARCI telah dikeluarkan WIARCO, WCAI and WIARCI have been
dari Persidangan Singapura pada tanggal struck out of the Singapore Proceedings on
26 Januari 2018 yang keputusannya ditegakkan January 26, 2018 which decision was upheld
atas banding dengan perintah Pengadilan on appeal by order of the High Court of
Tinggi Singapura tanggal 21 Mei 2018 Singapore dated May 21, 2018 (Note 25).
(Catatan 25).
Menanggapi gugatan yang diajukan oleh In response to the lawsuit filed by Weston,
Weston, baik J Trust Co., Ltd., dan Bank telah both J Trust Co., Ltd., and the Bank have filed
mengajukan pembelaan mereka dengan their Defences denying all of Weston’s claims.
menolak semua klaim Weston. Pertahanan The Bank’s Defence against the claim to
Bank terhadap klaim untuk menegakkan enforce the 2013 and 2015 Mauritian
Putusan Mauritian 2013 dan 2015 adalah Judgements is that the 2013 and 2015
bahwa Putusan Mauritian 2013 dan 2015 tidak Mauritian Judgements are incapable of
mampu menegakkan atau pengakuan di enforcement or recognition in Singapore
Singapura karena Mahkamah Agung Mauritius because the Supreme Court of Mauritian had
tidak memiliki yurisdiksi atas Bank, dan karena no jurisdiction over the Bank, and because
Weston tidak memiliki wewenang untuk Weston have no standing to enforce the
menegakkan putusan Mauritian. Mauritian Judgements.
Pada tanggal 12 November 2018, Pengadilan On November 12, 2018, the High Court of
Tinggi Singapura memerintahkan Weston untuk Singapore ordered Weston to pay security of
membayar jaminan SGD 130.000,00 dan SGD SGD 130,000 and SGD 175,000 into Court by
175.000,00 ke Pengadilan pada tanggal December 3, 2018, in respect of the Bank’s
3 Desember 2018, sehubungan dengan Bank and J Trust Co,. Ltd,. The respective fees in
dan J Trust Co., Ltd. Biaya masing-masing the Singapore proceedings, failed because the
dalam Persidangan Singapura, gagal karena Singapore proceeding against the Bank and
Persidangan Singapura melawan Bank dan J Trust Co., Ltd, will be suspended
J Trust Co., Ltd. akan ditangguhkan secara automatically. Weston failed to provide the
otomatis. Weston gagal memberikan keamanan security as ordered. Accordingly, the
seperti yang diperintahkan. Oleh karena itu, Singapore Proceedings have been suspended
Persidangan Singapura telah ditangguhkan with effect from December 4, 2018.
dengan efek mulai 4 Desember 2018.
Sampai dengan tanggal laporan keuangan, As of date of the financial statements, the
Bank sedang memantau perkembangan kasus Bank is monitoring the progress of the case in
di Pengadilan Tinggi Republik Singapura. the High Court of the Republic Singapore.

174

c. Proses Hukum di Pengadilan Tinggi New York c. Proceedings in the New York Courts
Pada tanggal 1 Oktober 2013, WCAI On October 1, 2013, WCAI filed an ex parte
mengajukan petisi ex parte di Pengadilan petition in the United States District Court
Distrik Amerika Serikat Distrik Selatan New Southern District of New York (“NY Court”)
York (“Pengadilan NY”) untuk meminta seeking the recognition and enforcement of
pengakuan dan penegakan salah satu Putusan one of the 2013 Mauritian Judgements for
Mauritian 2013 untuk USD 19.202.226,21 USD 19,202,226.21 (USD 18,292,131 plus
(USD 18.292.131 ditambah bunga pasca post-judgement interest) which WCAI had
penilaian) yang telah dibeli WCAI dari FGFL purchased from FGFL (the “FGFL Mauritian
(“FGFL Keputusan Mauritian”). Judgement”).
Pada 20 Juni 2014, WIARCI mengajukan petisi On June 20, 2014, WIARCI filed a petition in
di Pengadilan NY untuk meminta pengakuan the NY Court seeking the recognition and
dan penegakan Putusan Mauritian 2013 lainnya enforcement of the other 2013 Mauritian
untuk USD 65.350.000 plus biaya dan bunga Judgement for USD 65,350,000 plus costs and
setelah penilaian, yang dibeli WIARCI post-judgement interest, which WIARCI had
dari WIARCO, terhadap Bank (“WIARCO purchased from WIARCO, against the Bank
Penghakiman Mauritius ”) (the “WIARCO Mauritian Judgement”).
Pengadilan NY awalnya mengakui FGFL The NY Court initially recognised the FGFL
Keputusan Mauritian pada 4 Oktober 2013, dan Mauritian Judgement on October 4, 2013, and
WCAI kemudian mendapatkan pesanan omset WCAI then obtained ex parte turnover orders
ex parte yang mengakibatkan WCAI menyita which resulted in WCAI seizing funds from the
dana dari Bank sebesar USD 3.621.127,33. Bank amounting to USD 3,621,127.33.
Pada tanggal 19 November 2013, Pengadilan On November 19, 2013, the NY Court issued
NY mengeluarkan Putusan yang a Decision vacating its October 4, 2013 order
mengosongkan pesanan 4 Oktober 2013 (the “Order Vacating Judgement”), ordering
(“Putusan Pengosongan Pesanan”), that any of the Bank’s funds previously
memerintahkan agar setiap dana Bank yang transferred to WCAI pursuant to the October
sebelumnya ditransfer ke WCAI sesuai dengan 4, 2013 order should be returned to the Bank
pesanan 4 Oktober 2013 harus dikembalikan ke (the “Return of Funds Order”).
Bank ("Pengembalian Dana Pesanan").
Pada tanggal 16 Januari 2014, WCAI telah As of January 16, 2014, WCAI has returned
mengembalikan dana sebesar USD 23.475 the fund amounting to USD 23,475 to the
kepada Bank. Pada 18 Desember 2014, Bank. On December 18, 2014, the Bank has
Bank telah menandatangani perjanjian dengan signed an agreement with Kelley Drye &
Kelley Drye & Warren LLP (penasihat WCAI) Warren LLP (WCAI’s counsel) whereby WCAI
dimana WCAI setuju untuk mengembalikan agreed to return fund amounting to
dana sebesar USD 175.000 kepada Bank. USD 175,000 to the Bank. On December 21,
Pada 21 Desember 2014, WCAI telah 2014, WCAI has returned it to the Bank.
mengembalikannya ke Bank. Pada tanggal On May 7, 2015, the Bank has signed an
7 Mei 2015, Bank telah menandatangani agreement with WCAI’s counsel whereby
perjanjian dengan penasihat hukum WCAI di WCAI agreed to return fund amounting to
mana WCAI setuju untuk mengembalikan dana USD 100,000 to the Bank. On May 15, 2015,
sebesar USD 100.000 kepada Bank. Pada WCAI has returned it to the Bank.
15 Mei 2015, WCAI telah mengembalikannya
ke Bank.
Pada tanggal 19 Maret 2014, Pengadilan New On March 19, 2014, the New York Court
York memberikan mosi Bank untuk menahan granted the Bank’s motion to hold WCAI in
WCAI dalam penghinaan terhadap pengadilan contempt of court and ordered WCAI to
dan memerintahkan WCAI untuk segera immediately refund remaining funds and
mengembalikan sisa dana dan bunga kepada interest to the Bank. On July 16, 2014, the NY
Bank. Pada tanggal 16 Juli 2014, Pengadilan Court issued a summary order repeating the
New York mengeluarkan ringkasan perintah order for WCAI to return funds amounting to
yang mengulangi permintaan bagi USD 3,597,652.33 with interest which WCAI
WCAI untuk mengembalikan dana sebesar had yet to repay the Bank.
USD 3.597.652,33 dengan bunga yang belum
dibayarkan WCAI kepada Bank.

175

c. Proses Hukum di Pengadilan Tinggi New York c. Proceedings in the New York Courts
Pada tanggal 8 September 2015, Pengadilan On September 8, 2015, the NY Court issued
New York mengeluarkan Opini dan Perintah an Opinion and Order expanding its contempt
memperluas perintah penghinaan tertanggal order dated March 19, 2014 to cover John
19 Maret 2014 untuk mencakup John Liegey Liegey (“Liegey”) and various affiliates of
("Liegey") dan berbagai afiliasi WCAI ("Entitas WCAI (the “Weston Entities”) and ordering
Weston") dan memerintahkan Liegey dan Liegey and the Weston Entities to comply with
Perusahaan-perusahaan Weston untuk the Return of Funds Order and refund to
mematuhi Pengembalian Dana Pesanan dan the Bank the outstanding amounts seized
mengembalikan uang kepada Bank jumlah from the Bank.
terhutang yang disita dari Bank.
Pada tanggal 1 Juli 2015 dan 31 Januari 2017, On July 1, 2015 and January 31, 2017,
WIARCI dan WCAI masing-masing mengajukan WIARCI and WCAI respectively submitted
Pemberitahuan Pemberhentian Sukarela Notices of Voluntarily Dismissal to terminate
untuk mengakhiri klaim mereka atas their claims for the recognition of the 2013
pengakuan Putusan Mauritius 2013 di Mauritian Judgements in the Court of New
Pengadilan New York masing-masing sebesar York amounting to USD 65,350,000.00 and
USD 65.350.000,00 dan USD 19.202.226,21. USD 19,202,226.21, respectively.
Jumlah terhutang dari Liegey dan Perusahaan- The outstanding amount due from Liegey and
perusahaan Weston kepada Bank di bawah the Weston Entities to the Bank under the
Return of Funds Order berjumlah Return of Funds Order amounts to
USD 3.322.652,33 (setara dengan sekitar USD 3,322,652.33 (equivalent to about
Rp 47.780) pada tanggal 31 Desember 2018 Rp 47,780) as of December 31, 2018 and
dan USD 3.322.652,33 (setara dengan sekitar USD 3,322,652.33 (equivalent to about
Rp 45.080) pada 31 Desember 2017. Bank Rp 45,080) as of December 31, 2017. The
mencatat piutang dari Liegey dan Perusahaan- Bank recorded the receivable from Liegey and
perusahaan Weston Entitas sebagai bagian the Weston Entities as part of “Other Assets”
dari akun "Aset Lain-lain" dalam laporan posisi account in the statement of financial position
keuangan (Catatan 17). (Note 17).
Pada 13 Februari 2017, Pengadilan New York On February 13, 2017, the New York Court
mengeluarkan Opini dan Perintah yang issued an Opinion and Order granting
mengabulkan permohonan Bank untuk omset the Bank’s application for the turnover of the
berikut kepada Bank pada tanggal yang following to the Bank on specified dates
ditentukan jika Weston Entities dan Liegey should the Weston Entities and Liegey fail to
gagal membayar jumlah yang belum dibayar repay the outstanding amount under the
berdasarkan Pengembalian Pesanan Dana: Return of Funds Order: 1) the 2013 and 2015
1) 2013 dan 2015 Putusan Mauritian; Mauritian Judgements; 2) the security
2) instrumen keamanan yang konon dipegang instruments purportedly held by the Weston
oleh Perusahaan-perusahaan Weston termasuk Entities including the MCBs (“Securities”); and
MCB ("Sekuritas"); dan 3) kepentingan ekuitas 3) the equity interests in the Weston Entities
di Weston Entities sendiri (“Hak Atas Saham”). themselves (“Equity Interests”). As the Weston
Karena Perusahaan-perusahaan Weston dan Entities and Liegey failed to repay the funds,
Liegey gagal membayar dana, pada 6 Maret, on March 6, March 27, and April 17, 2017,
27 Maret, dan 17 April 2017, Pengadilan New the New York Court ordered that the 2013 and
York memerintahkan agar Kepentingan, Efek, 2015 Mauritian Judgements, Securities, and
dan Ekuitas Maurisi 2013 dan 2015 diserahkan Equity Interests respectively be turned over
dan diinvestasikan kembali dalam Bank and revested in the Bank (the “Revesting
("Revesting Orders"). Perintah Revesting Orders”). The Revesting Orders were affirmed
ditegaskan atas banding oleh Pengadilan Tinggi on appeal by the United States Court of
Amerika Serikat untuk Sirkuit Kedua Appeals for the Second Circuit by order dated
berdasarkan perintah tanggal 25 Juni 2018. June 25, 2018.

176

d. Kasus-kasus hukum dan fraud yang masih d. The outstanding legal and fraud cases up to
belum selesai sampai bulan Desember 2018 December 2018 are as follows:
adalah sebagai berikut:
Kasus Perdata: Civil Cases:
Posisi Bank sebagai Tergugat: Bank as the Defendant:
1. Gugatan kepada Bank yang diajukan oleh 1. The lawsuit filed against the Bank
Investor yang membeli produk investasi submitted by Investors who bought
(Discretionary Fund) milik PT Antaboga investment products (Discretionary Fund)
Delta Sekuritas Indonesia (ADS) terdiri dari: issued by PT Antaboga Delta Sekuritas
Indonesia (ADS) consists of:
a. Gugatan yang diajukan oleh salah satu a. Lawsuit filed by one of the ADS
investor ADS di Surabaya selaku investor in Surabaya as the Plaintiff
Penggugat terhadap Bank selaku and the Bank as Defendant I through
Tergugat I melalui Pengadilan Negeri the District Court of Surabaya
Surabaya yang terdaftar dalam Perkara which is registered in Case
No. 742/Pdt.G/2008/PN.Sby tanggal No. 742/Pdt.G/2008/PN.Sby dated
17 Desember 2008. Penggugat December 17, 2008. The Plaintiff
menuntut Bank bersama-sama dengan claimed to the Bank together with
Tergugat lainnya secara tanggung other Defendants jointly and severally,
renteng membayar kepada Penggugat to pay to the Plaintiff amounting to
sebesar Rp 400 berikut keuntungan Rp 400 including forseeable gains.
yang akan diperoleh.
Di tingkat Pengadilan Negeri Surabaya At the Surabaya District Court the

Bank bersama-sama dengan Tergugat Bank is punished together with the
lainnya dihukum secara tanggung other Defendants jointly and severally,
renteng membayar kepada Penggugat to pay compensation to the Plaintiff
sebesar Rp 400 berikut keuntungan amounting to Rp 400 including
yang akan diperoleh. Atas Putusan forseeable gains. On the Decision of
Pengadilan Negeri Surabaya, Bank the District Court of Surabaya,
telah menempuh upaya hukum the Bank has submitted an appeal to
banding ke Pengadilan Tinggi the High Court of Surabaya.
Surabaya.
Pada tanggal 3 September 2013, Bank On September 3, 2013, the Bank has
telah menerima putusan Pengadilan received decision from the Surabaya
Tinggi Surabaya yang isinya High Court which accepted the Bank’s
mengabulkan permohonan banding appeal with other Defendants and
Bank bersama Tergugat lainnya dan cancelled the Surabaya District Court
membatalkan Putusan Pengadilan Decision No. 742/Pdt.G/2008/PN.Sby
Negeri Surabaya No.742/Pdt.G/2008/ dated December 8, 2009 and stated
PN.Sby tanggal 8 Desember 2009 that ADS, as Defendants XI, has
serta menyatakan ADS selaku breached the covenant which is
Tergugat XI telah melakukan detrimental to the Plaintiff and
perbuatan wanprestasi yang merugikan penalized ADS, as Defendants XI, to
Penggugat dan menghukum ADS pay the Plaintiff a material loss of
selaku Tergugat XI membayar kerugian Rp 400 and foreseeable gain.
materiil kepada Penggugat sebesar The Bank received the High Court
Rp 400 berikut keuntungan yang akan Surabaya Decision and did not file a
diperoleh. Bank menerima Putusan cassation. Currently, the Bank is still
Pengadilan Tinggi Surabaya dan tidak awaiting for cassation from the
mengajukan upaya hukum kasasi. Saat Plaintiff.
ini, Bank masih menunggu upaya
hukum kasasi dari Penggugat.

177

belum selesai sampai bulan Desember 2018 December 2018 are as follows: (continued)
adalah sebagai berikut: (lanjutan)
Kasus Perdata: (lanjutan) Civil Cases: (continued)
Posisi Bank sebagai Tergugat: (lanjutan) Bank as the Defendant: (continued)
(lanjutan) Indonesia (ADS) consists of: (continued)
b. Gugatan yang diajukan beberapa b. The lawsuit submitted by some ADS

investor ADS di Surakarta selaku investors as plaintiff in Surakarta
penggugat kepada Bank selaku against the Bank in the District Court
Tergugat di Pengadilan Negeri of Surakarta which is registered in
Surakarta yang terdaftar dalam perkara case No. 58/Pdt.G/2010/PN.Ska
No. 58/Pdt.G/2010/PN.Ska tanggal dated March 31, 2010. The plaintiffs
31 Maret 2010. Dalam gugatan claimed from the Bank to refund the
para penggugat menuntut Bank purchase price of Discretionary Fund
mengembalikan uang pembelian (DF) product amounting to Rp 35,437
produk Discretionary Fund (DF) with gain amounting to Rp 5,676.
sebesar Rp 35.437 berikut keuntungan
sebesar Rp 5.676.
Pada tingkatan Pengadilan Negeri, At the level of District Court, High

Pengadilan Tinggi dan Mahkamah Court and Supreme Court, the claim
Agung, gugatan Penggugat dikabulkan. from the Plaintiffs was accepted.
Setelah mengalami proses Pengadilan After having proceding process for

dari tingkat Pengadilan Negeri hingga District Court to Supreme Court level,
Mahkamah Agung, pada tanggal on October 15, 2012, the Bank has
15 Oktober 2012, Bank telah menerima received a Notification Letter of
Surat Pemberitahuan Putusan The Supreme Court of the Republic
Mahkamah Agung Republik Indonesia of Indonesia (RI) Decision
(RI) No. 2838K/Pdt/2011 tanggal No. 2838K/Pdt/2011 dated April 19,
19 April 2012, yang menolak 2012, which rejected the Bank’s
permohonan kasasi dari Bank cassation and ordered the Bank to
dan menghukum Bank untuk refund the purchase price of
mengembalikan uang pembelian investment products to the Plaintiffs
produk investasi kepada Para amounting Rp 35,437 and pay a loss
Penggugat sebesar Rp 35.437 dan compensation amounting to Rp 5,676.
membayar ganti rugi sebesar
Rp 5.676.
Bank telah mengajukan upaya hukum The Bank has submitted extraordinary
luar biasa dengan mengajukan upaya legal act by filing Judicial Review
hukum Peninjauan Kembali dan and Memory of Judicial Review
menyampaikan Memori Peninjauan No.105/Pdt.G/2014/PN.Ska.
Kembali No. 105/Pdt.G/2014/PN.Ska.
Pada tanggal 11 Desember 2014, Bank On December 11, 2014, the Bank has
telah menerima Surat Pemberitahuan received a Notification Letter of
Putusan Peninjauan Kembali dari Judicial Review from The Discrict
Pengadilan Negeri Surakarta yang Court of Surakarta which confirmed
memberitahukan bahwa Mahkamah that the Supreme Court of RI has
Agung RI telah menolak permohonan rejected the Bank’s Judicial Review.
Peninjauan Kembali yang diajukan
oleh Bank.

178

Delta Sekuritas Indonesia (ADS) terdiri issued by PT Antaboga Delta Sekuritas
dari: (lanjutan) Indonesia (ADS) consists of: (continued)
Bank telah menerima Surat Teguran The Bank has received a Warning
(aanmaning) dari Pengadilan Negeri Letter (aanmaning) from the District
Surakarta untuk melaksanakan Court of Surakarta to execute the
Putusan Mahkamah Agung dan pada Supreme Court Decision and in
bulan April 2015 Bank telah April 2015, the Bank has submitted to
menyampaikan kepada Pengadilan the Court of Surakarta in the form of
Negeri Surakarta berupa tanggapan comments and objections to execute
dan keberatan untuk melaksanakan the Supreme Court Decision in view
Putusan Mahkamah Agung mengingat of Supreme Court Decision is
Putusan Mahkamah Agung categorized as Non-Executable
dikategorikan sebagai Putusan Decision.
Yang Tidak Dapat Dilaksanakan
(Non-Executable).
Pada tanggal 11 Juli 2017, On July 11, 2017, the Surakarta court
PN Surakarta telah berkirim surat has delivered letter to the investors
kepada para investor bahwa that for the execution of the Surakarta
sehubungan dengan penyelesaian verdict, the investors must coordinate
eksekusi PN Surakarta dalam perkara with LPS. Further, on August 1, 2017,
di atas maka PN Surakarta the Surakarta Court also sent a letter
menginformasikan agar para investor to the investors that the execution of
menghubungi Lembaga Penjamin Surakarta Court which order the Bank
Simpanan (LPS). Perkembangan to return the money is postponed.
selanjutnya pada tanggal 1 Agustus
2017, PN Surakarta juga telah berkirim
surat kepada para investor bahwa
sehubungan dengan eksekusi
pengadilan yang menghukum Bank
ditangguhkan pelaksanaannya.
Pada tanggal 27 Desember 2017, On December 27, 2017, the bailiffs in

petugas pengadilan di Pengadilan the Surakarta District Court Class 1 A
Negeri Surakarta Kelas 1 A Khusus Special conducted attachment on the
melakukan sita eksekusi di kantor Bank Bank’s office in Surakarta. However,
di Surakarta. Namun sita eksekusi the attachment was unable to
tersebut tidak dapat dilaksanakan performed because the office of
karena kantor Bank JTrust Cabang Bank’s Surakarta Branch is third
Surakarta adalah milik pihak ketiga, party’s property, so the attachment
sehingga sita eksekusi tidak dapat can not be done by the Bailiffs of
dilakukan oleh Petugas Pengadilan Surakarta District Court Class 1 A
Negeri Surakarta Kelas 1 A Khusus. Special.

179

Selanjutnya, Pengadilan Negeri Futhermore, the Surakarta District

Surakarta Kelas 1 A Khusus melalui Court Class 1 A Special through Letter
Surat No. W12-U2/094/PDT.04.10/II/ No. W12-U2/094/PDT.04.10/II/2018
2018 tanggal 6 Februari 2018 dated February 6, 2018 explains to the
menjelaskan kepada investor ADS investor ADS in Surakarta that the
di Surakarta bahwa sita eksekusi attachment can not be executed
tersebut tidak dapat dilaksanakan because the JTrust Branch Office of
karena Bank JTrust Kantor Cabang Surakarta are owned by third party.
Surakarta dimiliki oleh pihak ketiga.
c. Gugatan perwakilan kelompok c. Class action was filed by some of

(class action) yang diajukan ADS’ investors against the Bank
oleh beberapa investor ADS through the District Court of Central
kepada Bank melalui Kepaniteraan Jakarta which is registered under
Pengadilan Negeri Jakarta Pusat yang case No. 215/Pdt.G/PN2011/PN.
terdaftar dalam perkara Jkt.Pst. In its lawsuit, the Plaintiffs
No. 215/Pdt.G/2011/PN2011/PN. claimed from the Bank to refund the
Jkt.Pst. Dalam gugatannya, Para investment fund of DF product owned
Penggugat menuntut Bank untuk by ADS amounting to Rp 7,787
mengembalikan dana yang telah (principal and interest). The District
diinvestasikan di produk DF milik ADS Court of Central Jakarta, in its
sebesar Rp 7.787 (pokok dan bunga). decision dated February 14, 2012,
Pengadilan Negeri Jakarta Pusat, stated that the lawsuit of Plaintiffs
dalam putusannya tanggal 14 Februari could not be accepted.
2012, menyatakan bahwa gugatan
Para Penggugat tidak dapat diterima.
Para Penggugat telah mengajukan The Plaintiffs have filed an appeal and
upaya hukum banding pada tanggal submitted a memory of appeal
31 Mei 2012. on May 31, 2012.
Pada tanggal 28 Juni 2013, On June 28, 2013, the Bank received
Bank menerima Putusan Pengadilan Decision from DKI Jakarta
Tinggi DKI Jakarta yang High Court which strengthened the
isinya menguatkan Putusan Decision No. 215/Pdt.G/PN2011/PN.
No. 215/Pdt.G/PN2011/PN.Jkt.Pst Jkt.Pst dated February 14, 2012.
tanggal 14 Februari 2012.
Para Penggugat telah mengajukan The Plaintiffs have filed cassation

permohonan kasasi pada tanggal memory on July 26, 2013.
26 Juli 2013.

180

Pada tanggal 26 November 2015, On November 26, 2015, the Supreme
Mahkamah Agung Republik Indonesia Court of the Republic of Indonesia
(RI) melalui Putusan No. 1216 (RI) via Decision No. 1216K/Pdt/2014,
K/Pdt/2014, menolak permohonan rejected the cassation of plaintiffs.
kasasi dari para penggugat.
Sampai dengan tanggal penerbitan As of the issuance date of the
laporan keuangan, tidak terdapat financial statements, there is no
perkembangan perkara. development with the case.
d. Gugatan perbuatan melawan hukum d. The lawsuits from ADS’ investors in
dari investor ADS di Surabaya Surabaya to the Bank through the
kepada Bank melalui Pengadilan District Court of Surabaya under Case
Negeri Surabaya dengan Perkara No. 55/Pdt.G/2012/PN.Sby claiming
No. 55/Pdt.G/2012/PN.Sby yang from the Bank to return the funds
menuntut Bank mengembalikan dana amounting to Rp 66,250 including any
sebesar Rp 66.250 berikut keuntungan benefits earned and interest cost
yang seharusnya didapat dan kerugian amounting to Rp 10,600.
bunga sebesar Rp 10.600.
Pengadilan Negeri Surabaya melalui The District Court of Surabaya
Putusannya No. 55/Pdt.G/2012/ through its Decision No. 55/Pdt.G/
PN.Sby tanggal 29 Oktober 2012 2012/PN.Sby dated October 29, 2012
telah menyatakan Bank melakukan has been declared that the Bank
perbuatan melawan hukum dan committed an unlawful act and
menghukum Bank mengembalikan punished the Bank to return the fund
kepada Penggugat sejumlah amounting to Rp 66,250 including
Rp 66.250 berikut keuntungan sebesar gain of Rp 2,153 and loss
Rp 2.153 dan ganti rugi materiil compensation of Rp 25,921 to the
sebesar Rp 25.921. Plaintiff.
Pada tingkat Pengadilan Negeri, At the level of District Court, High
Pengadilan Tinggi dan Mahkamah Court, and Supreme Court, the claim
Agung gugatan penggugat dikabulkan. from the Plaintiffs was granted.
Bahwa pada tanggal 1 Agustus 2016 On August 1, 2016, the Bank has filed
Bank telah menyatakan permohonan a Judicial Review (PK) and handed
Peninjauan Kembali (PK) dan the memory Review (PK) to the
sekaligus menyampaikan memori Supreme Court through the Surabaya
Peninjauan Kembali (PK) ke District Court.
Mahkamah Agung RI melalui
Pengadilan Negeri Surabaya.
Bank telah menerima Surat Teguran The Bank has received a Warning
(aanmaning) dari Pengadilan Negeri Letter (aanmaning) from Surabaya
Surabaya untuk melaksanakan District Court to implement the
Putusan Mahkamah Agung dan pada Supreme Court decision and in
bulan Agustus 2016 Bank telah August 2016, the Bank has submitted
menyampaikan kepada Pengadilan to the District Court of Surabaya as
Negeri Surabaya berupa tanggapan form of responses and objections to
dan keberatan untuk melaksanakan. implement.
181

Bank telah mendapatkan Relaas The Bank has obtained Relaas Notice
Pemberitahuan Putusan Peninjauan of Judicial Review Verdict No. 04
Kembali No. 04 PK/PDT/2017 tanggal PK/PDT/2017 dated March 14, 2018
14 Maret 2018 yang intinya menolak which essentially rejected the Bank’s
permohonan Peninjauan Kembali dari Request of Review. Then, on
Bank. Kemudian pada tanggal March 28, 2018, the Bank also
28 Maret 2018 Bank juga sudah received attachment request on the
menerima Berita Acara Sita Eksekusi building of Branch Office of the Bank’s
terhadap bangunan dari kantor cabang Rajawali Branch and Branch Office of
Bank Cabang Rajawali dan Kantor the Bank’s Kertajaya Branch.
Cabang Bank Cabang Kertajaya.
Bank sudah mengajukan perlawanan The Bank has already filed a

terhadap sita jaminan dengan resistance against the confiscation by
mengajukan gugatan perlawanan filing a claim against the Surabaya
kepada Pengadilan Negeri Surabaya District Court on April 13, 2018.
pada tanggal 13 April 2018. Selain itu In addition, the Bank has submitted
Bank telah menyampaikan bantahan an objection to the auction of the
terhadap lelang atas aset Bank Bank’s assets in Surabaya and
di Surabaya dan mengumumkan announced an objection through mass
bantahan melalui media cetak pada media on June 28 and 29, 2018 and
tanggal 28 dan 29 Juni 2018 dan made a blockage request to the local
melakukan permohonan blokir kepada land office on June 26, 2018. The
kantor pertanahan setempat pada Bank plans to apply for the
tanggal 26 Juni 2018. Bank berencana suspension of the auction to KPKNL
untuk mengajukan permohonan Surabaya.
penangguhan lelang kepada KPKNL
Surabaya.

182

Investor yang membeli produk investasi submitted by investors who bought
Pada tanggal 6 Juli 2018, Bank telah On July 6, 2018, the Bank received
mendapatkan informasi pengumuman information on the announcement of
lelang ke - 2 terkait eksekusi dari the second auction related to the
Pengadilan Negeri Surabaya execution of the Surabaya District
No. 31/Eks/2016/PN.SbyJo. Court No. 31/Eks/2016/PN.Sby Jo.
No. 55/Pdt.G/2012/PN.Sby melalui No. 55/Pdt.G/2012/ PN.Sby through
media masa. the mass media.
Bahwa pada tanggal 10 Juli 2018, On July 10, 2018, the Bank has
Bank telah menerima Relaas received a Notice of Notification of
Pemberitahuan Pelaksanaan Auction Execution by Case No. 31/
Eksekusi Lelang dengan perkara Eks/2016/PN.Sby Jo. No. 55/Pdt.G/
No. 31/Eks/2016/PN.Sby Jo. 2012/PN.Sby on 2 (two) land and
No. 55/Pdt.G/2012/PN.Sby terhadap building which, currently the office
2 (dua) bidang tanah dan bangunan buildings of the Bank’s Rajawali
yang saat ini merupakan gedung Branch and Kertajaya Branch in
kantor Bank Cabang Rajawali dan Surabaya, with the schedule for the
Cabang Kertajaya Surabaya, dengan auction held on July 20, 2018.
jadwal pelaksanaan lelang yang akan
dilaksanakan pada hari Jumat
20 Juli 2018.
Bahwa pada tanggal 14 Juli 2018, telah On July 14, 2018, the announcement
diumumkan pengumuman lelang ke - 2 of the 2nd auction was regarding "the
terkait “objek lelang yang sedang object of the auction being the object
menjadi objek sengketa” melalui media of dispute" through the Kompas and
massa nasional Kompas dan Surabaya Surabaya Pagi national mass media.
Pagi.
Bahwa pada tanggal 17 Juli 2018, telah On July 17, 2018, the announcement
diumumkan pengumuman lelang ke - 3 of the third auction related to "the
terkait “objek lelang yang sedang object of the auction that is being the
menjadi objek sengketa” melalui media object of dispute" was announced
massa nasional Kompas dan Surabaya through the Kompas and Surabaya
Pagi. Pagi national mass media.
Berdasakan Salinan Risalah Lelang Based on the Auction Minutes Copy

Nomor: 778/45/2018 tanggal 20 Juli Number: 778/45/2018 dated July 20,
2018, bahwa terhadap asset milik Bank 2018, the assets of the Bank been
telah dilaksanakan lelang eksekusi carried out an auction for the
Pengadilan Negeri Surabaya atas execution of the Surabaya District
barang tidak bergerak. Court on immovable property.
Sampai dengan tanggal penerbitan As of the issuance that of the financial

laporan keuangan, Bank masih dalam statements, the Bank is still in process
proses melakukan upaya hukum of making other legal remedies.
lainnya.

183

Investor yang membeli produk investasi submitted by investors who bought
e. Gugatan ganti kerugian e. Lawsuit of compensation

(schadevergoeding) yang diajukan (schadevergoeding) filed by several
beberapa investor ADS di Yogyakarta ADS’ investors in Yogyakarta and
dan Gugatan Intervensi dari Yayasan Intervention Lawsuit from
sebuah Universitas di Yogyakarta a Foundation of University in
kepada Bank melalui Pengadilan Yogyakarta to the Bank through the
Negeri Yogyakarta yang terdaftar District Court of Yogyakarta registered
dengan perkara No. 91/Pdt.G/2012/ by case No. 91/Pdt.G/2012/PN.Yk.
PN.Yk. Para Penggugat menuntut The Plaintiffs are suing the
Bank dengan ADS masing-masing Bank together with ADS, as the
sebagai Tergugat dan Turut Tergugat, Defendant and Co-Defendant, to
untuk mengembalikan pokok sebesar return the principal of Rp 22,700 and
Rp 22.700 dan membayar ganti rugi pay compensation amounting to
sebesar Rp 10.700. Sedangkan Rp 10,700. The Interveniant sue the
Penggugat Intervensi menuntut Bank Bank to return the principal amount of
mengembalikan pokok sebesar Rp 16,600 and pay a loss
Rp 16.600 dan membayar ganti rugi compensation amounting to Rp 7,700.
sebesar Rp 7.700.
Pengadilan Negeri Yogyakarta melalui The District Court of Yogyakarta

Putusan No. 91/Pdt.G/2012/PN.Yk through its Decision No. 91/Pdt.G/
tanggal 16 Oktober 2013 telah 2012/PN.Yk dated October 16, 2013
memutuskan bahwa Bank selaku has decided that the Bank as part of
Pelaku Usaha telah melakukan business communities committed an
perbuatan melawan hukum dan unlawful act and punish the Bank to
menghukum Bank untuk return to the plaintiff an amount of
mengembalikan kepada penggugat Rp 22,700 and pay a compensation
sebesar Rp 22.700 dan membayar amounting to Rp 10,700 and return to
ganti rugi sebesar Rp 10.700 serta the plaintiff the amount of Rp 16,600
mengembalikan kepada Penggugat and pay compensation amounting to
Intervensi sebesar Rp 16.600 serta Rp 7,700.
membayar ganti rugi sebesar
Rp 7.700.

Pengadilan Tinggi dan Mahkamah Court, and Supreme Court, the claim
Agung gugatan penggugat dikabulkan. from plaintiff was accepted.

184

Pada tanggal 11 Januari 2017, Bank On January 11, 2017, the Bank has
telah mengajukan permohonan submitted a review request until the
peninjauan kembali sampai dengan date of this report. The Bank has not
tanggal laporan ini Bank belum yet received a decision to review the
menerima keputusan peninjauan Decision Number: 91/Pdt.G/2012/
kembali terhadap Putusan Nomor PN.YK Jo. No.36/PDT/2014/PT.YK
:91/Pdt.G/2012/PN.YK Jo. No. 36/PDT/ Jo. No.2330 K/Pdt/2015.
2014/PT.YK Jo. No.2330 K/Pdt/2015.
Pada tanggal 27 Desember 2017, On December 27, 2017, the Bank

Bank JTrust telah mendapat Surat received a Letter No. W13-U1/608/
No. W13-U1/6089/HK.02.PK/XII/2017 HK.02.PK/XII/2017 regarding the
perihal Pemeriksaan Peradilan PK Level Judicial Examination
Tingkat PK dari Bank, Perkara of the Bank, Case No. 91/Pdt.G/
No. 91/Pdt.G/2012/PN.YK Jo. 2012/PN.YK Jo. No. 36/PDT/2014/
No. 36/PDT/2014/PT.YK Jo. No. 2330 PT.YK Jo. No. 2330 K/Pdt/2015, the
K/Pdt/2015, surat dimaksud pada letter referred to basically notify files
intinya memberitahukan berkas Bundel Bundles A and Bundles B that were
A dan Bundel B yang dimohonkan requested for an examination of the
untuk pemeriksaan tingkat Peninjauan level of Judicial Review (PK) of the
Kembali (PK) atas Putusan Mahkamah Decision of the Supreme Court of
Agung RI tanggal 15 Juni 2016 dalam Indonesia dated June 15, 2016 in the
Perkara Perdata antara: PT Bank Civil Case between: PT Bank JTrust
JTrust Indonesia Tbk., sebagai Indonesia Tbk., as Petitioner for
Pemohon Peninjauan Kembali Judicial Review against Bunadi
melawan Bunadi Wijaya, M.Sc, dkk Wijaya, M.Sc, et al as Applicants for
sebagai Para Pemohon Peninjauan Judicial Review.
Kembali.

185

Tanggal 20 Maret 2018, Bank telah On March 20, 2018, the Bank has
menadapat Surat dari Mahkamah received a Letter from the Supreme
Agung RI No.18.223 PK/PDT/2018 Court of the Republic of Indonesia
Perihal Penerimaan dan No. 18.223 PK/PDT/2018 regarding
Pemberitahuan Register Berkas the Receipt and Notification of the
Perkara Peninjauan Kembali, surat Judicial Review File Register, the
dimaksud pada intinya letter basically tells us that the civil
memberitahukan bahwa berkas case file requested for review by
perkara perdata yang dimohonkan the Bank, as the Petitioner for
pemeriksaan Peninjauan Kembali oleh Judicial Review against Bunadi
PT Bank JTrust Indonesia Tbk., Wijaya, M.Sc, and others as Judicial
sebagai Pemohon Peninjauan Kembali Reviewers, who have been sent with
melawan Bunadi Wijaya, M.Sc, dkk a letter of introduction No. W13-
sebagai Para Pemohon Peninjauan U1/6089/ HK. 02.PK/XII/2017 dated
Kembali, yang telah dikirim dengan December 27, 2017, has been
surat pengantar No. W13-U1/ received on February 13, 2018 and
6089/HK.02.PK/XII/2017 tanggal has been registered with Register
27 Desember 2017, telah diterima Number: 223 PK/PDT/2018.
pada tanggal 13 February 2018 dan
telah didaftarkan dengan Register
Nomor: 223 PK/PDT/2018.
Bank masih menunggu hasil Bank is still awaiting the results of the
pemeriksaan Peninjauan Kembali di review at the Supreme Court.
Mahkamah Agung.
f. Gugatan yang diajukan beberapa f. The lawsuit submitted by some ADS’
investor ADS di Jakarta Selatan selaku investors in South Jakarta, as the
Penggugat kepada Bank selaku Plaintiff, against the Bank, as the
Tergugat di Pengadilan Negeri Jakarta Defendant in the District Court of
Selatan, yang menuntut Bank untuk South Jakarta, which claimed the
mengembalikan dana sebesar Bank to return the fund amounting to
Rp 9.158 dan bunga sebesar Rp 9,158 and interest amounting to
Rp 7.205 serta ganti rugi sebesar Rp 7,205 and loss compensation
Rp 10.000. Pada tanggal amounting to Rp 10,000. On August
20 Agustus 2015, Pengadilan Negeri 20, 2015, the District Court of
Jakarta Selatan menerbitkan Putusan South Jakarta issued Decision
No. 718/Pdt.G/2014/PN.Jkt.Sel yang No. 718/Pdt.G/2014/PN.Jkt.Sel,
menolak gugatan yang diajukan oleh which rejected the lawsuit submitted
para penggugat. by the plaintiffs.
Pengadilan Tinggi dan Mahkamah Court and Supreme Court, the claim
Agung, gugatan penggugat telah from the plaintiff was rejected. Upon
ditolak. Dengan adanya putusan dari the issuance of Supreme Court the
Mahkamah Agung maka perkara case is already ended and final and
telah berkekuatan hukum tetap dan binding and won the Bank. Until to
memenangkan Bank. Sampai saat ini date, the Bank has not received
Bank tidak menerima infomasi information that the plaintiffs
pengajuan peninjauan kembali dari submitted judicial review petition.
penggugat.
186

g. Bank melakukan gugatan terhadap g. The Bank submitted legal claim to the
ADS dan manajemennya pada South Jakarta District Court against
Pengadilan Negeri Jakarta Selatan. ADS and its management. Bank has
Bank telah menerima putusan dari obtained the decision from the Court,
Pengadilan Negeri Jakarta Selatan among others contains:
bahwa antara lain:
1) Bank dibebaskan dari kewajiban 1) The Bank is released from the

untuk mengembalikan uang obligation to refund the investor
Investor ADS. of ADS.
2) Menghukum ADS dan 2) Punished the defendants to
manajemennya untuk refund to the investor.
mengembalikan uang investor.
3. Weston International Asset Recovery Co., 3. Weston International Asset Recovery Co.,
Ltd., (Weston) telah mengajukan gugatan Ltd., (Weston) has filed a legal claim
terhadap Bank di Pengadilan Mauritius against the Bank in Mauritius Court with
dengan dasar gugatan bahwa Bank the case that the Bank has an obligation
mempunyai kewajiban pembayaran to pay Weston as the Mandatory
terhadap Weston sebagai pemegang Convertible Bond (MCB) holder issued by
Obligasi Konversi (OK) yang diterbitkan Bank (formerly PT Bank Century Tbk) on
oleh Bank (dahulu PT Bank Century Tbk) June 16, 2006 and April 14, 2008, with
pada tanggal 16 Juni 2006 dan 14 April an amount of USD 15,000,000 (Note 25)
2008 dengan nilai masing-masing sejumlah and USD 40,000,000, respectively. As of
USD 15.000.000 (Catatan 25) dan February 15, 2013, the Mauritius Court
USD 40.000.000. Pada tanggal has rendered its decision in favor of
15 Februari 2013, pengadilan Mauritius Weston whereby the Court ordered the
telah memberikan putusan bahwa Bank Bank to pay to Weston in the amount of
wajib untuk membayar kepada Weston USD 65,350,000 (including interest and
sebesar USD 65.350.000 (termasuk bunga on going interest). According to the legal
dan ditambah dengan bunga berjalan opinion from Bank’s legal counsel,
sampai dengan dibayarkannya kewajiban). Pradjoto & Associates as stated in its
Menurut pendapat konsultan hukum Bank letter No. 35/PNA/LO-BM.MCB/04/14
yaitu Pradjoto & Associates dalam suratnya dated April 29, 2014, under the provisions
No. 35/PNA/LO-BM.MCB/04/14 tanggal of applicable law in Indonesia,
29 April 2014, sesuai ketentuan hukum the decision of Mauritius Court can not be
yang berlaku di Indonesia, putusan executed in Indonesia. If Weston will
Pengadilan Mauritius tidak dapat execute the decision of Mauritius Court in
dieksekusi di Indonesia. Apabila Weston Indonesia, then Weston must file a new
hendak melakukan pelaksanaan putusan lawsuit in the Indonesian Court and using
Pengadilan Mauritius di Indonesia, maka Indonesian Law as a reference.
Weston harus mengajukan gugatan baru
terlebih dahulu di Pengadilan Indonesia
dan menggunakan hukum di Indonesia.
Weston mengajukan permohonan eksekusi Weston submitted the petition for
Putusan Pengadilan Mauritius melalui execution of Mauritius Court Verdict
yurisdiksi Pengadilan di New York. through the jurisdiction of the Court in
New York.
187

Dengan adanya Putusan Pengadilan With the Decision of United States District
Negara Bagian New York (United States Court for the Southern District of New
District Court for the Southern District of York dated September 8, 2015, the
New York) tanggal 8 September 2015, examination process of the case was
maka proses pemeriksaan perkara ini postponed until Weston settles all
ditunda sampai Weston menyelesaikan obligations to the Bank.
seluruh kewajibannya kepada Bank.
Pada tanggal 1 Juli 2015, Weston On July 1, 2015, Weston International

International Asset Recovery Corporation Asset Recovery Corporation Inc., has
Inc., telah mencabut gugatan sebesar submitted voluntarily dismissal on
USD 65.350.000 dari pengadilan the claim of USD 65,350,000 from the
New York. New York court.
Kasus hukum dimana posisi Bank sebagai The Lawsuit filed by Bank as Plaintiff
Penggugat
Bank melakukan gugatan terhadap The Lawsuit filed by Bank against Weston
perusahaan-perusahaan Weston melalui entities through the New York court to claim of
pengadilan New York untuk menuntut agar the turnover of the below to the Bank:
terjadi pengalihan kepemilikan/kontrol kepada 1) Weston’s assets; 2) three Mauritius
Bank atas hal-hal sebagai berikut: 1) Aset judgements against Bank; 3) the MCBs; and
Weston; 2) tiga putusan pengadilan Mauritius; 4) the equity interests in the Weston entities
3) MCBs; dan 4) hak atas saham atas themselves.
perusahaan Weston.
Dalam perkembangan terakhir, Pengadilan New Based on the latest condition, the
York telah mengabulkan ketiga tuntutan New York Court has granted these three
tersebut. Akan tetapi Weston kemudian claims. However, Weston appealed to the
mengajukan Banding kepada Pengadilan atas Court over the New York court decisions.
putusan pengadilan New York. Akan tetapi However, in its application, the Weston’s
dalam perkembangannya permohonan Banding appeal was rejected by the New York Court
dari Weston ditolak oleh Pengadilan New York and the New York court upheld the previous
dan pengadilan New York menguatkan putusan decisions. At the moment, the Bank is
sebelumnya. Pada saat ini Bank sedang coordinating with the Legal Counsel of the
berkoordinasi dengan Kuasa Hukum Bank di Bank in New York to determine the next action
New York untuk menentukan langkah and wait for the next step to be taken by
selanjutnya serta menunggu langkah Weston.
selanjutnya yang akan diambil oleh Weston.
e. Kasus pidana e. Criminal cases
Mantan Direksi dan mantan karyawan Bank The Bank’s former directors and employees
menghadapi beberapa tuntutan hukum dari had several lawsuits from certain parties on
pihak-pihak tertentu atas dugaan tindakan suspicion of criminal acts committed, where
pidana yang dilakukan, dimana sebagian masih some are still in the stage of the investigation
dalam tahap penyelidikan dan penyidikan, and inspection, some have entered the stage
sebagian telah memasuki tahap persidangan of the proceeding to the courts and some
dan ada pula yang sudah mendapat putusan already have the final decision and/or in the
tetap dan/atau dalam proses peninjauan process of judicial review remedies. As of the
kembali. Sampai dengan tanggal penerbitan issuance date of the financial statements, the
laporan keuangan, tuntutan hukum tersebut lawsuits have been subjected to the legal
masih sedang dalam proses hukum dan hasil proceedings and the outcome of these legal
akhir dari proses hukum tersebut belum dapat proceedings cannot be determined yet.
diperkirakan.
188

f. Sewa Gedung f. Office Lease
Bank mengadakan perjanjian sewa gedung The Bank entered into a building rental
dengan PT Sahid atas sewa gedung yang agreement with PT Sahid as covered by lease
beralamat di Jalan Jenderal Sudirman No. 86, agreement dated May 20, 2015, for building
Jakarta dengan Perjanjian Sewa Menyewa rental at Jalan Jenderal Sudirman No. 86,
Ruang Kantor tanggal 20 Mei 2015. Nilai sewa Jakarta. The rental charges amounted to
gedung tersebut sebesar Rp 259.696 dengan Rp 259,696 with rental space of 7,655 square
luas ruang yang disewa seluas 7.655 meter meters and covering period from
persegi untuk periode sewa dari tanggal January 2, 2016 up to January 1, 2026.
2 Januari 2016 sampai dengan 1 Januari 2026. The minimum lease payments is as follows:
Pembayaran sewa minimal sebagai berikut:
2018 2017
Pembayaran sewa minimal Minimum lease payments

Kurang dari satu tahun 46.995 20.430 Less than one year
1 sampai 5 tahun 49.991 96.906 1 to 5 years
Diatas 5 tahun 101.499 101.499 More than 5 years
Total 198.485 218.835 Total
51. INFORMASI LAINNYA 51. OTHER INFORMATION
a. Penerapan Tata Kelola a. Implementation of Good Corporate Governance

(GCG)
Sesuai dengan Peraturan Otoritas Jasa In accordance with the Financial Services
Keuangan No. 55/POJK.03/2016 tanggal Authority Regulation No. 55/POJK.03/2016
7 Desember 2016 tentang Penerapan Tata dated December 7, 2016, concerning
Kelola Bagi Bank Umum dan Surat Edaran Implementation of Governance for Commercial
Otoritas Jasa Keuangan No. 13/SEOJK.03/ Banks Financial Services Authority Circular
2017 tanggal 17 Maret 2017 tentang Penerapan Letter No. 13/SEOJK.03/ 2017 dated March 17,
Tata Kelola Bagi Bank Umum. PT Bank JTrust 2017, concerning Good Corporate Governance
Indonesia Tbk melalui jajaran Dewan Komisaris, Implementation by Commercial Bank, PT Bank
Direksi dan seluruh karyawan berkomitmen JTrust Indonesia Tbk, through the Board of
untuk melaksanakan prinsip-prinsip dasar tata Commissioners, Directors and all employees
kelola perusahaan yang baik (Good Corporate are committed to implement the basic principles
Governance) dan prinsip kehati-hatian dalam of Good Corporate Governance (GCG) which is
setiap kegiatan bisnis sesuai nilai-nilai pokok good and prudential banking principles in any
yang tertuang dalam tata kelola yang baik. Hal business activities with appropriate basic values
ini dilaksanakan sebagai bagian utama dari contained in GCG. It is implemented as a major
“governance structure”, dengan didukung part of the “governance structure", supported by
ketersediaan dan kesiapan infrastruktur lainnya the availability and readiness of other
untuk melakukan proses (governance process). infrastructure to process (governance process).
Dalam pelaksanaannya mengutamakan prinsip The priority is the implementation of moral and
moral dan etika serta praktik bisnis perbankan ethical principles and practices for sound
yang sehat sesuai dengan ketentuan yang banking business in accordance with applicable
berlaku, sehingga dapat dicapai suatu hasil regulations, is to achieve an outcome
(governance outcomes) yang sesuai dengan (governance outcomes) in accordance with
prinsip-prinsip dasar Tata Kelola yang baik. GCG basic principles.

189

51. INFORMASI LAINNYA (lanjutan) 51. OTHER INFORMATION (continued)
a. Penerapan Tata Kelola (lanjutan) a. Implementation of Good Corporate Governance

(GCG) (continued)
Etika dan perilaku merupakan pilar terpenting Ethics and behavior is the most important pillar
dalam membangun suatu budaya perusahaan in building a responsible corporate culture.
yang bertanggung jawab. Oleh karenanya Therefore, the standards and conduct of
standar dan perilaku bisnis serta tingkah laku business and personal ethical behavior as set
pribadi yang etis ditetapkan dalam Buku Etika out in the Book of the Company’s Corporate
Korporasi Perusahaan yang berlaku untuk Ethics are applicable to all employees and
seluruh karyawan dan manajemen tanpa management without exception. The application
terkecuali. Penerapan regulasi serta prinsip of regulations as well as basic principles of good
dasar Tata Kelola yang baik pada industri corporate governance in the banking industry is
perbankan merupakan persyaratan utama a key requirement in order to protect the
dalam rangka untuk memperhatikan dan interests of all parties (stakeholders) and to take
melindungi kepentingan semua pihak into consideration the interests and protection of
(stakeholders), serta bebas dari benturan all parties and free from conflicts of interest.
kepentingan (conflict of interest).
Penerapan Tata Kelola Bank mencakup The implementation of GCG includes the
implementasi dari 5 (lima) prinsip implementation of the 5 (five) basic principles
dasar Tata Kelola yang baik yakni: of GCG: transparency, accountability,
transparansi (transparency), akuntabilitas responsibility, independence, and fairness.
(accountability), pertanggungjawaban In order to ensure the applicaton of the 5 (five)
(responsibility), independensi (independency), basic principles of GCG, Bank must do
dan kewajaran (fairness). Dalam rangka self-assessment periodically and containing
memastikan penerapan 5 (lima) prinsip dasar at least 11 (eleven) GCG assessment factors as
Tata Kelola yang baik, Bank harus melakukan follows:
penilaian sendiri (self-assessment) secara
berkala yang paling sedikit meliputi 11 (sebelas)
faktor penilaian penerapan Tata Kelola sebagai
berikut:
- Pelaksanaan tugas dan tanggung jawab - Implementation of duties and responsibilities
Direksi of Director
- Pelaksanaan tugas dan tanggung jawab - Implementation of duties and responsibilities
Dewan Komisaris of the Board of Commissioners
- Kelengkapan dan pelaksanaan tugas - Completeness and task implementation of
Komite the Committee
- Penanganan benturan kepentingan - Handling of conflicts of interest
- Penerapan fungsi kepatuhan Bank - Implementation compliance function
- Penerapan fungsi audit intern - Implementation of internal audit function
- Penerapan fungsi audit ekstern - Implementation of external audit function
- Penerapan manajemen risiko termasuk - Application of risk management including
sistem pengendalian intern internal control system
- Penyediaan dana kepada pihak terkait - Provision of funds to related parties and
(related party) dan penyediaan dana besar large debtors
(large debtors)
- Transparansi kondisi keuangan dan non - Transparency of financial and non-financial
keuangan Bank, laporan pelaksanaan tata condition of the Bank, GCG implementation
kelola dan pelaporan internal and internal reports
- Rencana strategis Bank - Bank’s strategic plan
Selain dari 11 (sebelas) faktor penilaian In addition to the 11 (eleven) appraisal factors
penerapan Tata Kelola, perlu diperhatikan for the implementation of Good Corporate
informasi lain yang terkait dengan penerapan Governance, consideration is also given to other
Tata Kelola Bank seperti permasalahan yang information relating for implementation of the
timbul sebagai dampak kebijakan remunerasi Bank's Governance as an impact of
Bank atau perselisihan intern Bank remuneration policy or internal disputes that
yang mengganggu operasional dan/atau interfere with the Bank's operational and/or
kelangsungan usaha Bank. business operations.

190

a. Penerapan Tata Kelola (lanjutan) a. Implementation of Good Corporate Governance

(GCG) (continued)
5 (lima) prinsip dasar Tata Kelola yang baik The 5 (five) basic principles of GCG will support
tersebut akan mendukung pelaksanaan the implementation of the 4 (four) major areas
4 (empat) bidang utama penilaian Tingkat of the Bank’s Soundness Rating that
Kesehatan Bank yang secara berkelanjutan continuously become the focus of improvement
menjadi fokus perbaikan antara lain: Penguatan among others: Capital Strengthening (Capital),
Permodalan (Capital), Pendapatan (Earnings), Income (Earnings), Corporate Governance
Perbaikan Penerapan Tata Kelola dan Improvement and Risk Profile Improvement.
Perbaikan Risk Profile. Penilaian Tingkat Bank Rating is based on Level of Risk (Risk
Kesehatan Bank Berdasarkan Tingkat Risiko Based Bank Rating/RBBR) contained in POJK
(Risk Based Bank Rating/RBBR) tercantum No. 4/POJK.03/2016 dated January 26, 2016
dalam Peraturan Otoritas Jasa Keuangan on the Soundness of Commercial Bank and
No. 4/POJK.03/2016 tanggal 26 Januari 2016 OJK Circular Letter No. 14/SEOJK.03/2017
tentang Penilaian Tingkat kesehatan Bank dated March 17, 2017 on the Assessment of
Umum, dan Surat Edaran Otoritas Jasa Commercial Banks Soundness Level.
Keuangan No.14/SEOJK.03/2017 tanggal
17 Maret 2017 tentang Penilaian Tingkat
Kesehatan Bank Umum.
Selanjutnya, menindaklanjuti Peraturan Otoritas Further, based on the Financial Services

Jasa Keuangan No. 6/POJK.03/2016 tanggal Authority Regulation No. 6/POJK.03/2016
26 Januari 2016 tentang Kegiatan Usaha dan dated January 26, 2016 regarding Business
Jaringan Kantor Berdasarkan Modal Inti, maka Activities and Office Network based on Banks’
Bank terus berupaya menguatkan permodalan. Core Capital, the Bank continues to strengthen
Untuk kemudian pada fase selanjutnya bank capital. For the next phase, the Bank seeks to
berupaya melakukan penguatan implementasi strengthen the implementation of the internal
internal control dan peningkatan kualitas bisnis control and improve the quality of business
kembali pada tahun kedepan melalui: rencana through business development plan that is
pengembangan bisnis yang lebih terfokus pada more focused on the field of commercial loans,
bidang commercial loans, SME serta produk SME as well as product based on the
yang berbasis teknologi sehingga dapat technology so as to improve funding
memperbaiki komposisi pendanaan pada CASA composition in CASA and the acquisition of the
dan perolehan fee-based income yang lebih better fee-based income. In addition, the
baik. Selain itu penurunan biaya dana (cost of decrease in interest costs (cost of funds) and
funds) dan efisiensi biaya overhead. efficiency in overhead cost.
b. Susunan Pengurus Bank b. The Bank’s Organizational Structure
Memperhatikan susunan pengurus terbaru Looking at the latest organizational structure

Bank untuk anggota Dewan Komisaris dan of the Bank for the Board of Commissioners
anggota Direksi dari keputusan hasil RUPS and Directors of the results of the Extraordinary
Luar Biasa pada tanggal 20 September 2018, General Meeting of Shareholder’s decision on
maka jumlah dan komposisi anggota Dewan September 20, 2018, the number and
Komisaris dibandingkan dengan anggota composition of the Board of Commissioners as
Direksi sudah memenuhi ketentuan yang compared to members of the Board of Directors
berlaku. already met the regulations.

191

c. Penyelamatan Aset Bank c. Recovery of the Bank’s Assets

Salah satu upaya yang dilakukan oleh One of the management effort was to establish
manajemen saat ini adalah membentuk assets recovery function to investigate, secure
fungsi penyelamatan aset untuk menelusuri, and recover the Bank’s non-performing assets,
menyelamatkan dan menyelesaikan aset-aset prepared mapping, analysis and provided
Bank yang diduga bermasalah (asset recovery), recommendation on the condition of the overall
melakukan pemetaan, analisa dan rekomendasi assets such as loans, securities, loan collaterals
mengenai kondisi seluruh aset, baik berupa and other assets.
pinjaman diberikan, surat berharga, agunan
pinjaman dan aset-aset lainnya.
Dalam rangka penyelamatan aset Bank selain In order to recover the Bank’s assets, besides
membentuk fungsi penyelamatan aset, dalam establishing an assets recovery function,
struktur organisasi Bank juga membentuk the Bank also set-up Collection and Asset
Collection and Asset Recovery Division (CAR), Recovery Division (CAR), as the division which
yang merupakan divisi yang menangani handles restructuring of Non-Performing Loans,
restrukturisasi kredit bermasalah, realisasi the realization of the sale of foreclosed assets
upaya penjualan Agunan Yang Diambil Alih (AYDA), written-off assets and collections.
(AYDA), hapus buku aset dan collection.
Bank senantiasa mendukung upaya The Bank always support the efforts to recover
pengembalian aset-aset Bank di luar negeri the Bank’s assets overseas by the Joint Team
yang dilaksanakan oleh Tim Bersama for Settlement of Non-Performing Assets of the
Penyelesaian Permasalahan Aset Bank (dahulu Bank’s (formerly PT Bank Century Tbk), in
PT Bank Century Tbk) yang anggotanya terdiri which the members consist of Ministry of
dari Kementerian Keuangan, Kepolisian Finance, Police Department of the Republic of
Republik Indonesia, Otoritas Jasa Keuangan Indonesia, Financial Services Authority
(dahulu Bapepam-LK), Pusat Pelaporan (formerly Indonesia Capital Market and
dan Analisis Transaksi Keuangan (PPATK), Financial Institutions Supervisory Agency),
Bank Indonesia, Kejaksaan Agung, Financial Transaction Reports and Analysis
LPS, Kementerian Luar Negeri dan Center (FTRAC), Bank Indonesia, Attorney
Kementerian Hukum dan Hak Asasi Manusia General, DIC, Ministry of Foreign Affairs and
berdasarkan Keputusan Menteri Keuangan Ministry of Law and Human Rights, based on
No. 220/KMK.01/2009 mengenai Pembentukan Ministry of Finance Decree
Tim Bersama Penanganan Permasalahan No. 220/KMK.01/2009 regarding the
Bank. Establishment of Joint Team for Handling the
Bank’s Problems.
d. Penerapan Anti Pencucian Uang (APU) dan d. Implementation of Anti-Money Laundering
Pencegahan Pendanaan Terorisme (PPT) (AML) and Combating the Financing of
Terrorism Program
Penerapan Anti Pencucian Uang dan The application of Anti-Money Laundering and
Pencegahan Pendanaan Terorisme Combating the Financing of Terrorism
(APU-PPT) mengacu kepada Undang-Undang (AML-CFT) refers to the Law of the Republic of
Republik Indonesia No.8 Tahun 2010 tentang Indonesia No. 8 of 2010 concerning the
Pencegahan Dan Pemberantasan Tindak Prevention and Eradication of Money
Pidana Pencucian Uang dan Undang-Undang Laundering and the Law of the Republic of
Republik Indonesia No. 9 Tahun 2013 tentang Indonesia No. 9 Year 2013 concerning
Pencegahan dan Pemberantasan tindak Pidana Preventing and Combating Terrorism Financing
Pendanaan Terorisme. Mengacu juga pada Criminal Offense. Referring also
Peraturan Otoritas Jasa Keuangan (OJK) to the Financial Services Authority Regulation
No. 12/POJK.01/2017 Penerapan Program Anti No. 12/POJK.01/2017 concerning the
Pencucian Uang Dan Pencegahan Pendanaan Implementation of Anti-Money Laundering and
Terorisme Di Sektor Jasa Keuangan dan Surat Combating the Financing of Terrorism in
Edaran Otoritas Jasa Keuangan Financial Services Sector and Financial
No. 32/SEOJK.03/2017 tentang Penerapan Services Authority Circular Letter
Program Anti Pencucian Uang Dan No. 32/SEOJK.03/2017 concerning Application
Pencegahan Pendanaan Terorisme Di Sektor of AML and CFT Program in Banking Sector, as
Perbankan, serta ketentuan terkait yang well as the relevant provisions issued by the
diterbitkan oleh Pusat Pelaporan dan Analisis Center for Financial Transaction Reporting and
Transaksi Keuangan (PPATK). Analysis (FTRAC).

192

51. INFORMASI LAINNYA (lanjutan) 51. OTHER INFORMATIONS (continued)
d. Penerapan Anti Pencucian Uang (APU) dan d. Implementation of Anti-Money Laundering

Pencegahan Pendanaan Terorisme (lanjutan) (AML) and Combating the Financing of
Terrorism Program (continued)
Bank telah melaksanakan program Anti The Bank has implemented programs on
Pencucian Uang dan Pencegahan Pendanaan Anti-Money Laundering and Combating the
Terorisme (APU-PPT), antara lain sebagai Financing of Terrorism (AML-CFT) programs,
berikut: among others, as follows:
1. Pengawasan aktif Dewan Direksi dan 1. Active supervision by the Board of Directors
Komisaris melalui evaluasi penerapan APU and Commissioners through the evaluation
dan PPT dalam rapat dewan Direksi dan of the implementation of AML and CFT in
Komisaris. the meeting of the Board of Directors and
Commissioners.
2. Melakukan peninjauan kembali dan 2. Review and improve the effectiveness and
perbaikan mengenai efektifitas dan adequacy of policies and procedures in the
kecukupan kebijakan dan prosedur dalam implementation of AML and CFT in
penerapan APU dan PPT di Bank. the Bank.
3. Melakukan pengendalian internal melalui 3. Conduct internal control through an internal

program audit internal yang dilaksanakan audit program as conducted periodically.
secara berkala.
4. Meningkatkan fungsi Sistem Informasi 4. Improve the function of information system

pendukung dalam rangka pelaksanaan in order to support reporting to
kewajiban pelaporan kepada otoritas atau authorities/regulators as well as monitoring
regulator serta pelaksanaan pemantauan implementation of client’s risk based on
risiko nasabah berdasarkan profil dan profile and transactions.
transaksi yang dilakukan.
5. Meningkatkan pemahaman dan kemampuan 5. Improve the understanding and ability

dalam penerapan APU dan PPT kepada in the application of AML and CFT to
seluruh karyawan Bank. all employees of the Bank.
6. Melaksanakan kewajiban pelaporan kepada 6. Implement reporting obligations to the

pihak otoritas (PPATK dan OJK), authorities (PPATK and OJK), under the
berdasarkan peraturan dan perundang- rules and regulations governing the
undangan yang mengatur tentang implementation of AML and CFT
penerapan APU dan PPT di Indonesia. in Indonesia.
7. Turut membantu Institusi Penegak Hukum 7. Participate the Law Enforcement Institutions
dalam pencegahan dan pemberantasan in the prevention and combat of money
tindak pidana pencucian uang dan laundering and terrorism financing.
pendanaan terorisme.

193

51. INFORMASI LAINNYA (lanjutan) 51. OTHER INFORMATIONS (continued)
e. Perhitungan rasio keuangan e. Financial ratios calculation
2018 2017
Permodalan Capital
Rasio KPMM yang tersedia untuk CAR with credit and
risiko kredit dan risiko operasional 14,10 14,35 operational risk
Rasio KPMM yang tersedia setelah
memperhitungkan risiko kredit, CAR with credit, market and
risiko pasar dan risiko operasional 14,03 14,15 operational risk
Aset tetap terhadap modal 12,44 20,50 Fixed assets to capital
Aset produktif Earnings assets

Aset produktif bermasalah 7,13 5,98 Non-performing earning assets
Pinjaman yang diberikan bermasalah - kotor 4,26 2,94 Non-performing loans - gross
Pinjaman yang diberikan bermasalah - neto 3,12 1,53 Non-performing loans - net
Pembentukan Penyisihan Aset Produktif Allowance for Possible Losses
(PPAP) terhadap aset produktif 4,59 4,32 (PPAP) on earning assets
Pemenuhan PPAP 82,49 100,79 PPAP compliance
Rentabilitas Rentability
Rasio laba (rugi) sebelum pajak
terhadap rata-rata aset (ROA) (2,25) 0,73 Return on Assets Ratio (ROA)
Rasio laba (rugi) setelah pajak
terhadap rata-rata ekuitas (ROE) (29,13) 8,09 Return on Equity Ratio (ROE)
Margin bunga bersih 2,28 2,41 Net Interest Margin
Rasio Beban Operasional terhadap Operating Expenses to Operating
Pendapatan Operasional (BOPO) 116,32 93,87 Revenues Ratio (BOPO)
Likuiditas Liquidity
Rasio Kredit yang Diberikan
terhadap Dana Pihak Ketiga (LFR) 77,43 88,87 Loan to Funding Ratio (LFR)
Kepatuhan Compliance
Giro Wajib Minimum (GWM) Minimum Statutory Reverse (GWM)
GWM primer Rupiah 14,66 9,93 Primary reserve in Rupiah
Harian 9,77 6,62 Daily
Rata-rata 4,89 3,31 Average
PLM 20,35 - PLM
GWM sekunder Rupiah - 13,85 Secondary reserve in Rupiah
GWM mata uang asing 10,34 9,63 Reserve in foreign currencies
Posisi Devisa Neto (PDN) 1,54 3,58 Net Open Position (NOP)

194

52. KELANGSUNGAN USAHA 52. GOING CONCERN
Laporan keuangan disusun dengan anggapan The financial statements have been prepared
bahwa Bank akan melanjutkan operasinya assuming that the Bank will continue to operate as
sebagai entitas yang berkemampuan untuk a going concern entity. As of December 31, 2018,
mempertahankan kelangsungan hidupnya. Pada the Bank experienced operating losses which
tanggal 31 Desember 2018, Bank mengalami resulted to a net deficit amounting to
kerugian operasional yang mengakibatkan defisit Rp 11,443,316.
sebesar Rp 11.443.316.
Untuk memperbaiki kondisi ini, Bank To improve this condition, the Bank has prepared
mempersiapkan langkah-langkah sebagai berikut: the following plans:
a. Bank berencana untuk memperkuat a. The Bank is planning to strengthen its capital
permodalannya. Bank memiliki rencana untuk base. The Bank has plans to raise funds
mengumpulkan dana yang merupakan which is combination of equity and debt.
campuran ekuitas dan utang.
b. Bank juga terus memantau eksposur dalam b. The Bank also closely monitors its exposure
mata uang dan memberlakukan kebijakan yang in currencies and applies suitable policies to
cocok untuk mengurangi risiko. mitigate this risk.
c. Bank juga berencana untuk melakukan c. The Bank also plans for undertake measures
langkah-langkah untuk mengurangi biaya to reduce its operational cost and improve
operasional dan meningkatkan keuntungan. profitability.
Pemegang saham utama dalam surat tertanggal The majority shareholder in a letter dated
4 Maret 2019, menyatakan persetujuannya untuk March 4, 2019, stated its agreement to provide
memberikan dukungan finansial kepada Bank financial support to the Bank so as to enable the
dengan tujuan agar Bank mampu memenuhi Bank to fulfill its future obligations.
kewajibannya di masa mendatang.
53. HAL LAINNYA 53. OTHER MATTERS
Kasus Hukum Legal Cases
Bank sedang menghadapi kasus-kasus hukum. The Bank is facing several legal cases. Until
Sampai dengan tanggal 31 Desember 2018, December 31, 2018, several parties have filed
beberapa pihak telah mengajukan tuntutan hukum legal cases against the Bank in courts both in and
kepada Bank di pengadilan di dalam maupun di luar outside the country. As of the date of this report,
negeri. Sampai dengan tanggal laporan ini, tuntutan these legal cases are the subjects of legal
hukum adalah subyek dari proses hukum dan proceedings and decisions on such cases are still
keputusan atas tuntutan hukum tersebut masih pending. The final decision of the legal cases has
tertunda. Hasil final dari kasus-kasus tersebut not been determined by the Bank.
belum dapat ditentukan oleh Bank.

195

54. PRAKARSA PENGUNGKAPAN 54. DISCLOSURE INITIATIVES
Berikut merupakan rekonsiliasi atas perubahan pada The following is the reconciliation of movements of
liabilitas yang timbul dari aktivitas pendanaan: liabilities to cash flows arising from financing
activities:
Pergerakan valuta
Kom ponen dari aktivitas 31 Desem ber/ Kas/ Non-kas/ asing/ M ovement 31 Desem ber/ Component of financing
pendanaan (diluar ekuitas) December 31, 2017 Cash Non-cash of foreign exchange December 31, 2018 activities (excluding equity)
Pinjaman subordinasi 339.188 143.533 (353.375) 14.454 143.800 Subordinated loan

Obligasi konversi 203.513 - - 12.187 215.700 Convertible bonds
Total 542.701 143.533 (353.375) 26.641 359.500 Total
55. TRANSAKSI NON-KAS 55. NON-CASH TRANSACTIONS
2018 2017
Reklasifikasi pinjaman subordinasi Reclassifcation of sub ordinated loan

ke komponen ekuitas lain 353.375 - to other component of equity
Reklasifikasi ke agunan yang Reclassifcation to
diambil alih 86.292 72.838 foreclosed assets
Aset tetap yang dihapusbukukan 19.153 6.760 Written-off fixed assets
Pinjaman yang dihapusbukukan 6.805 348.135 Written-off loans
Reklasifikasi uang muka setoran Reclassification of deposit for future
modal ke modal disetor - 1.000.000 stock sub scription to paid-up capital
56. PERISTIWA SETELAH PERIODE PELAPORAN 56. EVENTS AFTER THE REPORTING PERIOD
Pinjaman Subordinasi Subordinated Loan
Pada tanggal 11 Januari 2019, Bank On January 11, 2019, the Bank entered into
menandatangani perjanjian pinjaman subordinasi a subordinated loan agreement with J Trust Co.,
dengan J Trust Co., Ltd., Jepang. Dalam perjanjian Ltd., Japan. In this agreement, J Trust Co., Ltd.,
tersebut, J Trust Co., Ltd., Jepang menyetujui untuk Japan agreed to provide unsecured subordinated
memberikan pinjaman subordinasi tanpa jaminan loan amounting to Rp 400,000, which bears an
sebesar Rp 400.000, serta dikenakan suku bunga interest rate at 3 (three) months LIBOR in Rupiah
sebesar LIBOR 3 (tiga) bulan dalam Rupiah less 3 (three) months LIBOR in Yen, plus 2.667%
dikurangi LIBOR 3 (tiga) bulan dalam Yen ditambah per annum and it shall be paid quarterly. The
2,667% per tahun dan dibayar setiap maturity date of this loan is 5 (five) years since
3 (tiga) bulan. Jatuh tempo pinjaman ini adalah January 11, 2019 or other later date as agreed by
5 (lima) tahun sejak tanggal 11 Januari 2019 atau parties and must also subject to prior consent
dapat dilunasi sesuai dengan kesepakatan para from the regulator.
pihak, tetapi harus mendapat persetujuan dari
regulator.
tanggal 31 Januari 2019, OJK menyetujui untuk dated January 31, 2019, OJK agreed to take into
perhitungan Kewajiban Penyediaan Modal Minimum calculation of minimum Capital Adequacy Ratio
(KPMM). (CAR).

196

56. PERISTIWA SETELAH PERIODE PELAPORAN 56. EVENTS AFTER THE REPORTING PERIOD
Pernyataan Keputusan Rapat Statement of Meeting Decision
Pada tanggal 25 Maret 2019 telah diadakan Rapat On March 25, 2019, was held, which discussed
yang membahas tentang perubahan susunan changes in the management composition of the
pengurus perseroan dan telah dinyatakan dalam Bank and as covered by Notarial Deed of Jose
Akta Notaris Jose Dima Satria, S.H., M.Kn., No. 72 Dima Satria, S.H., M.Kn., No. 72 dated March 25,
pada tanggal 25 Maret 2019 yang telah diterima dan 2019 which was accepted and recorded in
dicatat dalam database Sistem Administrasi Badan database of the Legal Entity Administration
Hukum Kementerian Hukum dan Hak Asasi System of the Ministry of Law and Human Rights
Manusia Republik Indonesia berdasarkan Surat of the Republic of Indonesia based on its
No. AHU-AH.01.03-0168465 tanggal 26 Maret 2019 Letter No. AHU-AH.01.03-0168465 dated
(Catatan 1). March 26, 2019 (Notes 1).
Susunan Dewan Komisaris Bank adalah sebagai The Bank’s Board of Commissioners composition
berikut: is as follows:
Efektif per 1 Januari 2019/

Efective on January 1, 2019
Dewan Komisaris: Board of Commissioners:

Komisaris Utama Nobiru Adachi President Commissioner
Komisaris Nobuiku Chiba *) Commissioner
Komisaris Independen Mahdi Mahmudy Independent Commissioner
Komisaris Independen Kwik Ing Hie Independent Commissioner
Susunan Direksi Bank adalah sebagai berikut: The Bank’s Board of Directors is as follows:
Efektif per 1 Januari 2019/

Efective on January 1, 2019
Direksi: Board of Directors:

Direktur Utama Shigeyoshi Asano **) President Director
Direktur Felix Istyono Hartadi Tiono Director
Direktur Helmi Arief Hidayat Director
Direktur Rio Lanasier Director
*) Berdasarkan persetujuan OJK melalui surat *) Based on the approval from OJK through
No. KEP-46/D.03/2019 tanggal 12 Maret 2019. their Letter No. KEP-46/D.03/2019 dated
March 12, 2019.
**) Berdasarkan persetujuan OJK melalui **) Based on the approval from OJK through
21 Februari 2019. February 21, 2019.
57. KONDISI EKONOMI 57. ECONOMIC ENVIRONMENT
Pelambatan ekonomi global menyebabkan The global economic slowdown has caused
ketidakstabilan nilai tukar mata uang asing, volatility in foreign exchange rates, unstable stock
persaingan pasar global yang tidak stabil dan market and tight liquidity in certain sectors in
ketatnya likuiditas di beberapa sektor ekonomi di Indonesia, including the Bank industries, which
Indonesia termasuk industri Bank, yang mungkin may continue and result to unfavourable financial
akan menimbulkan dampak keuangan dan operasi and operating impact. Indonesia's ability to
negatif berkelanjutan. Kemampuan Indonesia untuk minimize the impact of the global economic
memperkecil dampak dari pelambatan ekonomi slowdown on the country's economy is largely
global di dalam negeri tergantung dari beberapa dependent on the fiscal and other monetary
faktor seperti kebijakan fiskal dan tindakan moneter measures that are being taken and will be
yang sedang diambil dan akan dilakukan oleh undertaken by the government, actions and events
Pemerintah, tindakan dan peristiwa yang berada di which are beyond the Bank’s control.
luar kendali Bank.

197

58. STANDAR AKUNTANSI BARU 58. NEW PROSPECTIVE ACCOUNTING

STANDARDS
Standar akuntansi dan interpretasi yang telah The standards and interpretations that are issued by
disahkan oleh Dewan Standar Akuntansi Keuangan the Indonesian Financial Accounting Standards
(DSAK), tetapi belum berlaku efektif untuk laporan Board (DSAK), but not yet effective for current year
keuangan tahun berjalan diungkapkan di bawah ini: financial statements are disclosed below:
- PSAK 24 - “Imbalan Kerja: Amandemen, - PSAK 24 - “Employee Benefits: Amendment,

Kurtailmen, atau Penyelesaian Program Curtailment, or Program Settlement”
- PSAK 26 (Penyesuaian Tahunan 2018) - “Biaya - PSAK 26 (Annual Improvement 2018) -
Pinjaman” “Borrowing Cost”
- PSAK 46 (Penyesuaian Tahunan 2018) - “Pajak - PSAK 46 (Annual Improvement 2018) -
Penghasilan” “Income Tax”
- ISAK 33 - “Transaksi Valuta Asing dan Imbalan - ISAK 33 - “Foreign Currency Transactions and
di Muka” Advance Consideration”
- ISAK 34 - “Ketidakpastian dalam Perlakuan - ISAK 34 - “Uncertainty over Income Tax
Pajak Penghasilan” Treatments”
- PSAK 71 - “Instrumen Keuangan” - PSAK 71 - “Financial Instruments”

- PSAK 72 - “Pendapatan dari Kontrak dengan - PSAK 72 - “Revenue from Contracts with
Pelanggan” Customers”
- PSAK 73 - “Sewa” - PSAK 73 - “Leases”
- Amandemen PSAK 62 - “Kontrak Asuransi - - Amendments to PSAK 62 - “Insurance
Menerapkan PSAK 71 - “Instrumen Keuangan Contracts: Applying PSAK 71 Financial
dengan PSAK 62: Kontrak Asuransi” Instruments with PSAK 62 Insurance Contracts”
- Amandemen PSAK 71 - “Instrumen Keuangan - Amendments to PSAK 71 - “Financial
tentang Fitur Percepatan Pelunasan dengan Instruments Prepayment Features with
Kompensasi Negatif” Negative Compensation”
Bank sedang menganalisa dampak penerapan The Bank is still assessing the impact of these
standar akuntansi dan interpretasi tersebut di atas accounting standards and interpretations on the
terhadap laporan keuangan. financial statements.

198
Laporan Keuangan
Konsolidasian Tidak Diaudit
Entitas Induk
Parent Company
Unaudited Consolidated
Untuk Periode 9 bulan yang Berakhir

Tanggal 31 December 2018
For the Nine Months Ended December 31, 2018

Translation for reference only
Consolidated Financial Results

For the Nine Months Ended December 31, 2018 (IFRS)
February 13, 2019

Company name: J Trust Co., Ltd. Stock exchange: Tokyo Stock Exchange
URL: https://www.jt-corp.co.jp/en/ Securities code: 8508
Representative: Nobuyoshi Fujisawa, Representative Director, President & CEO
Contact: Taiji Hitachi, Director and Executive Officer
Telephone: +81-3-4330-9100
Scheduled date of filing of quarterly securities report: February 13, 2019
Scheduled date of commencement of dividend payment: -
Preparation of supplemental materials for quarterly financial results: Yes
Holding of quarterly earnings presentation (for institutional investors): Yes
(Figures rounded down to the nearest million yen)
I. Consolidated financial results for the nine months ended December 31, 2018
(April 1, 2018 – December 31, 2018)
1. Consolidated operating results (cumulative) (% indicates year-on-year changes)
Profit attributable Total

Operating Operating Profit before
Profit to owners of comprehensive
revenue profit income taxes
parent income
Nine months million million million million million
% % million yen % % % %
ended: yen yen yen yen yen
December 31,
2018
55,173 (3.1) (29,770) - (28,681) - (33,285) - (32,770) - (35,297) -
December 31,
2017
56,963 - 3,504 - 2,419 - 16 (99.7) (20) - 3,263 (82.9)
Basic earnings per share Diluted earnings per share

Nine months ended: yen yen
December 31, 2018 (318.07) (318.07)
December 31, 2017 (0.20) (0.20)
[Note] ADORES, Inc. and Highlights Entertainment Co., Ltd. were classified as discontinued operations in fiscal 2018 and in the
2rd quarter of fiscal 2019, respectively; thus relevant figures in the nine months ended December 31, 2017 are reclassified.
2. Consolidated financial position

Ratio of equity attributable
Equity attributable
Total assets Total equity to owners of parent to total
to owners of parent
assets
As of million yen million yen million yen %
December 31, 2018 674,670 111,032 104,495 15.5
March 31, 2018 656,961 150,776 144,366 22.0
II. Dividends
Dividends per share
End of 1Q End of 2Q End of 3Q End of 4Q Total
Fiscal year: yen yen yen yen yen
Ended March 31, 2018 - 6.00 - 6.00 12.00
Ending March 31, 2019 - 6.00 -
Ending March 31, 2019 (forecast) 1.00 7.00
[Note] Any revision to the latest dividend forecast: Yes
[Note] For revision of dividend forecast, please refer to “Revision of Financial Forecast, Recording of Operating Expenses, Revision
of Dividend Forecast, Suspension or Reduction of Executive Compensation and Exercise of Compensatory Stock Option”
announced on February 13, 2019.

III. Consolidated financial forecasts for the fiscal year ending March 31, 2019 (April 1, 2018 - March 31, 2019)
(% indicates year-on-year changes)
Profit attributable to owners Basic earnings
Operating revenue Operating profit
of parent per share
million yen % million yen % million yen % yen
Full year 75,441 1.5 (32,745) - (36,350) - (352.80)
[Note] Any revision to the latest dividend forecast: Yes
[Note] For revision of consolidated financial results forecast, please refer to “Revision of Financial Forecast, Recording of Operating
Expenses, Revision of Dividend Forecast, Suspension or Reduction of Executive Compensation and Exercise of
Compensatory Stock Option ” released on February 13, 2019.
(General notes)
(1) Changes in significant subsidiaries during the current period
(change in specified subsidiaries resulting in a change in the scope of consolidation): No
(2) Changes in accounting policies and accounting estimates
(i) Changes in accounting policies required by IFRS: Yes

(ii) Changes in accounting policies other than IFRS requirements: No
(iii) Changes in accounting estimates: No
[Note] For details, please refer to “II. Condensed quarterly consolidated financial statements and significant notes
(6) Notes to condensed quarterly consolidated financial statements (Changes in accounting policies) on
Page13.
(3) Number of issued and outstanding shares (common shares)

(i) Number of issued and outstanding shares (including treasury shares)
As of December 31, 2018 112,649,910 shares
As of March 31, 2018 112,596,710 shares
(ii) Number of treasury shares
As of December 31, 2018 9,598,526 shares
As of March 31, 2018 9,598,396 shares
(iii) Average number of shares during the period (cumulative)
April 1, 2018 – December 31, 2018 103,031,593 shares
April 1, 2017 – December 31, 2017 102,963,742 shares
 This report does not fall within the scope of quarterly review procedures by certified public accountants or an auditing
firm.
 Explanation regarding the appropriate use of financial forecast and other special remarks
1. Any information contained in this document pertaining to future financial performance etc. is based on the
information currently available to J Trust and certain other premises judged to be reasonable, and J Trust does not
guarantee the achievement of this performance. Actual financial performance may vary significantly from the
forecasts contained herein. Please refer to “I. Qualitative information on the current quarterly financial results, (3)
Explanation of future forecast including consolidated financial forecast” in the attached document on Page 5 for the
assumptions and premises on which the financial forecast is based.
2. Supplemental materials will be posted on the J Trust website (https://www.jt-corp.co.jp/en/). Earnings presentation
for institutional investors is scheduled for February 14, 2019. Video and materials of the presentation will be
available on the J Trust website afterwards.

Table of Attached Document
I. Qualitative information on the current quarterly financial results .................................................................................... 2
(1) Explanation of operating results .............................................................................................................................. 2
(2) Explanation of financial position .............................................................................................................................. 4
(3) Explanation of future forecast including consolidated financial forecast .................................................................. 5
II. Condensed quarterly consolidated financial statements and significant notes ............................................................... 6
(1) Condensed quarterly consolidated statement of financial position .......................................................................... 6
(2) Condensed quarterly consolidated statement of profit or loss ................................................................................. 7
(3) Condensed quarterly consolidated statement of comprehensive income ................................................................ 8
(4) Condensed quarterly consolidated statement of changes in equity ......................................................................... 9
(5) Condensed quarterly consolidated statement of cash flow.................................................................................... 11
(6) Notes to condensed quarterly consolidated financial statements .......................................................................... 13
(Notes on going concern assumption) .......................................................................................................................... 13
(Changes in accounting policies) ................................................................................................................................. 13
(Segment information) .................................................................................................................................................. 16
1
I. Qualitative information on the current quarterly financial results

(1) Explanation of operating results
In the nine months ended December 31, 2018 (from April 1, 2018 to December 31, 2018), the world economy
showed a gradual recovery led by the strong expansion of the U.S. economy. The prospects of the global economy,
however, remained uncertain mainly due to the prolonged U.S.-China trade conflict, economic deceleration in
China, Brexit issues and sharp currency fluctuations in emerging economies. Meanwhile, the Japanese economy
continued to recover moderately as exhibited in improvements in corporate revenue, employment and income
owing to the successful implementation of the government measures to restore the economy. The developments
of the U.S.-China trade tensions, however, are viewed as a matter of concern. In South Korea, substantive progress
in inter-Korean relations are yet to be seen. Moreover, Seoul faces economic and employment issues including
high consumer prices and high unemployment rates despite its solid economic growth supported by strong exports.
In Indonesia, the government has launched measures to stimulate domestic demand through various
infrastructure-related public investment programs. Despite such moves, Indonesia’s growth has been slowing.
Factors holding back its growth include volatile movements of the Indonesian rupiah and its trade deficit. The deficit
has occurred as robust domestic demand drove imports higher than exports.
In this economic environment, the J Trust Group (“the Group”) considers it inevitable to transform our business in
anticipation of changes in the global and Japanese economies. We have been expanding business in Asia, which
is expected to continue growing economically at a fast pace, and seeking business development by maximizing
the synergy of our group network to realize stronger management bases and sustainable growth. In the nine
months ended December 31, 2018, we continued to work toward the improvement of corporate value and
reinforcement of operational bases proactively at home and abroad to achieve sustainable profit expansion
centering on core banking service.
a. Business developments in Japan

In the credit guarantee business, Nihon Hoshou Co., Ltd. (“Nihon Hoshou”) concluded new guarantee tie-up
agreements with Shinhan Bank Japan in April 2018 and the Shonan Shinkin Bank in July 2018. Nihon Hoshou
has steadily expanded the area in which it guarantees overseas mortgage loan, a collaborative product with
the Saikyo Bank, Ltd. launched in December 2017. In November 2018, Nihon Hoshou signed a business
agreement with List International Realty Co., Ltd. to provide highly convenient service in the financial and real
estate businesses to customers considering investments in overseas properties.
Meanwhile, KeyHolder, Inc. (“KeyHolder”) started offering live entertainment and TV program production
services by establishing KeyStudio Co., Ltd. (“KS”) and KeyProduction Co., Ltd. (“KP”), respectively to
substitute for the divested amusement facilities operation in General Entertainment Business. In December
2018, KeyHolder resolved to sign an agreement with AKS Co., Ltd. and establish a new company called SKE,
Inc. to succeed businesses related to a Japanese idle girl group SKE 48.
In October 2018, the Group divested shares and receivables from Highlights Entertainment Co., Ltd. (“HE”)
with the objective of centralizing its business.
b. Overseas business developments

As one of the Group’s growth strategies, we proactively pursue M&A activities centering on banking and
financial services with a main focus on the business expansion in Southeast Asia. We believe we can leverage,
in particular, retail finance expertise developed in Japan and South Korea to help grow target countries’
financial businesses. The following (i) to (iii) show progress of M&A deals in the nine months ended December
31, 2018.
(i) In October 2018, JTRUST ASIA PTE.LTD. (“JTA”) completed the acquisition of shares of PT
OLYMPINDO MULTI FINANCE, currently known as PT JTRUST OLYMPINDO MULTI FINANCE, (“JTO”)
from its owner and his family and the subscription for new shares which JTO would allocate through a
third-party, and JTA acquired 60% of JTO’s outstanding shares.
(ii) In May 2018, JTA acquired all shares in Capital Continent Investment NBFI, (“CCI”), a Mongolian finance
firm, from JAPAN POCKET Co., Ltd. Also, in December 2018, CCI signed a business agreement related
to funding for automobile loan businesses and used automobile marketers in Mongolia with BE
FORWARD Co., LTD.
(iii) In May 2018, J Trust Co., Ltd. (“the Company”) resolved to acquire 55% of outstanding shares in ANZ
Royal Bank (Cambodia) Ltd., a Cambodian commercial bank, from ANZ Funds Pty Ltd., and signed a
share transfer agreement. The acquisition is slated to be completed by May 31, 2019.
2
As of December 31, 2018, the currently ongoing lawsuits pursued by JTA against Group Lease PCL (“GL”), related
entities and Mr. Mitsuji Konoshita, (“Mr. Konoshita”), ex-CEO of GL, are: a civil complaint to demand for the return
of investment amounts and to claim compensation for damages caused, such as by fraudulent transactions and
other lawsuits in Thailand; a civil claim in the Singapore High Court for the tort of unlawful means conspiracy
against Group Lease Holdings Pte Ltd (the subsidiary of GL incorporated in Singapore), Mr. Konoshita and other
entities; and lawsuits against Mr. Konoshita and his related entities in the British Virgin Islands and the Republic
of Cyprus. In the British Virgin Islands, JTA obtained a worldwide freezing order against Mr. Konoshita and related
entities in the Commercial Division of the High Court in the Eastern Caribbean Supreme Court. (“the BVI Court”).
The BVI Court also ordered the appointment of receivers to related entities (Collectively, “the Decisions”). Mr.
Konoshita and related entities filed appeals against the Decisions of the BVI Court (“the Appeals”) in the Court of
Appeal of the Eastern Caribbean Supreme Court (“the Court of Appeal”). However, the Court of Appeal dismissed
those Appeals, respectively on December 18, 2018.
c. Others
To express gratitude to our shareholders for their support from day to day, the Company has introduced a
shareholder perks program on an ongoing basis as an incentive for investors to invest in the Company in the
medium- to long-term.
As a result, operating revenue for the nine months ended December 31, 2018 was 55,173 million yen (down 3.1%
year on year). While interest revenue in Financial Business in South Korea increased steadily, it decreased along
with a decline in loans by banking business due to a loan portfolio realignment at PT Bank JTrust Indonesia Tbk.
(“Bank JTrust Indonesia”). Meanwhile, operating loss was 29,770 million yen (operating profit of 3,504 million yen
during the same period of the previous fiscal year). Major factors were as follows: (i) large allowance for NPL was
provided at Bank JTrust Indonesia to clean up the pre-acquisition legacy; and (ii) we booked allowance for JTA’s
total claims against GL, a case pending in court. Loss attributable to owners of parent was 32,770 million yen
(Loss attributable to owners of parent of 20 million yen during the same period of the previous fiscal year) mainly
due to losses associated with the transfer of shares and loans receivable from HE.
The Group sold all of its shares in ADORES, Inc. in the fourth quarter of the previous fiscal year, and transferred
its shares and receivables from HE in the current quarter in accordance with the International Financial Reporting
Standards (IFRS) 5 “Non-current Assets Held for Sale and Discontinued Operations”. IFRS 5 outlines that
discontinued operations are a component of an entity that either has been disposed of, or is classified as held for
sale and represents a separate major line of business. As a result, we classify the above-mentioned business as
discontinued operations. Operating revenue and operating profit in comparative periods accordingly reflect the
results of continuing operations excluding those of discontinued operations.
Performance by segment is shown below.

The balance of trade receivables in the report is before deducting allowance for doubtful accounts.
(Financial Business in Japan)

Credit guarantee services are mainly provided by Nihon Hoshou. Receivables collection in Japan is mainly
handled by Nihon Hoshou and Partir Servicer Co., Ltd., while credit and consumer credit services are handled
by J TRUST Card Co., Ltd. and other financial services are provided by Nihon Hoshou.
The balance of credit guarantee was 200,567 million yen (up 55.6% year on year). The breakdown was 18,619
million yen in credit guarantees on unsecured loan (up 12.3%) and 181,947 million yen in credit guarantees
on secured loan (up 62.0%) with increases in guarantees for condominium loan and overseas mortgage loan.
While each of the following items increased: commercial notes to 1,692 million yen (up 91.3%) due to large
discounts; the balance of purchased receivables to 16,091 million yen (up 28.0%); and advances paid –
installment increased to 2,682 million yen (up 7.7%), accounts receivable – operating loans declined to 2,067
million yen (down 23.0%).
Operating revenue was 7,373 million yen (up 3.6% year on year). Segment profit was 3,298 million yen (down
5.6%) after reviewing future cash flows of purchased receivables and recording provision of allowance for
doubtful accounts.
(Financial Business in South Korea and Mongolia)

In South Korea, JT Chinae Savings Bank Co., Ltd. and JT Savings Bank Co., Ltd. conduct savings bank
business, JT Capital Co., Ltd. provides installment financing and leasing services and TA Asset Management
Co., Ltd. is engaged in purchase and collection of Non-Performing Loans (NPLs). In Mongolia, CCI provides
financial services.
Loans by banking business increased to 285,187 million yen (up 4.3% year on year) mainly due to an increase
3
in corporate loan. Meanwhile, accounts receivable – operating loans amounted to 61,620 million yen (down
4.1%) due to receivables collection and NPL sales despite rises in secured (real estate and government-
backed) loans and loans to large enterprises as well as CCI’s inclusion on consolidation. The balance of
purchased receivables was 2,360 million yen (up 5.0% year on year).
Operating revenue was 30,251 million yen (up 12.9% year on year) due to a steady increase in interest
revenue. Segment profit was 4,002 million yen (up 29.2%).
(Financial Business in Southeast Asia)

Bank JTrust Indonesia conducts banking operations in Indonesia, PT JTRUST INVESTMENTS INDONESIA
is engaged in receivables collection and JTO offers financing for automobile and agricultural equipment.
Loans by banking business amounted to 77,082 million yen (down 19.0% year on year) due to large allowance
for NPLs was provided at Bank JTrust Indonesia to clean up the pre-acquisition legacy. The balance of
purchased receivables was 10,447 million yen (up 839.0%). Accounts receivable – operating loans were
6,450 million yen (zero during the same period of the previous fiscal year) following JTO’s inclusion on
consolidation.
Operating revenue was 9,436 million yen (down 10.8%) mainly due to lower interest revenue with a decline
in loans by banking business at Bank JTrust Indonesia. Segment loss was 14,308 million yen (segment profit
of 1,105 million yen during the same period of the previous fiscal year). The loss was mainly attributable to
large allowance for NPLs provided at Bank JTrust Indonesia.
(General Entertainment Business)

KS mainly conducts live entertainment business and KP handles TV program production business. The two
companies’ operation started in July 2018. Operating revenue was 949 million yen (zero during the same
period of the previous fiscal year). Segment loss was 2 million yen (zero during the same period of the
previous fiscal year).
Meanwhile, the Group divested Highlights Entertainment Co., Ltd. (“HE”), which developed, manufactured
and sold computer systems for amusement machines and their peripheral equipment on October 1, 2018. As
a result, HE is classified as discontinued operations from the previous quarter, and is excluded from the scope
of consolidation from the current quarter.
(Real Estate Business)

Real Estate business is mainly handled by Keynote Co., Ltd. (“Keynote”) and real estate asset business is
handled by KeyHolder.
Operating revenue was 4,119 million yen (up 0.8% year on year). The increase was mainly attributable to
steady delivery of detached housing. Segment profit was 22 million yen (down 89.5%) due to increases in
cost of sales as well as higher selling, general and administrative expenses to meet business expansion.
(Investment Business)
JTA mainly conducts investment business and provides management support for investees. Operating
revenue decreased to 939 million yen (down 87.2% year on year) compared to the same period of the previous
fiscal year in which we recorded other operating revenue due to a change in the classification of receivables
resulting from the avoidance of GL’s convertible debentures. Meanwhile, segment loss expanded to 20,082
million yen (Segment loss of 2,759 million yen during the same period of the previous fiscal year). The loss
increased because we recorded allowance for JTA’s total claims against GL, a case pending in court.
(Other Business)
J Trust System Co., Ltd. mainly provides computer system development, operation and management of
computers for the Group, and Keynote constructs commercial facilities.
Operating revenue was 2,660 million yen (up 55.4% year on year). This was mainly due to a healthy order
intake in Keynote’s commercial facility construction business. Segment loss was 1 million yen (segment profit
of 51 million yen during the same period of the previous fiscal year).
(2) Explanation of financial position
[1] Status of assets, liabilities and equity

As of December 31, 2018, Assets grew by 17,709 million yen to 674,670 million yen from March 31, 2018. This
was mainly due to increases in: (i) trade and other receivables by 15,883 million yen; (ii) marketable securities
for banking business by 6,372 million yen; and (iii) cash and cash equivalents by 3,057 million yen respectively,
4
while other financial assets declined by 14,246 million yen.
Liabilities expanded by 57,453 million yen to 563,637 million yen from March 31, 2018. The increase was mainly
due to rises in: (i) deposits by banking business by 32,057 million yen; (ii) bonds and borrowings by 13,584
million yen; and (iii) trade and other payables by 4,746 million yen respectively.
Equity decreased by 39,743 million yen to 111,032 million yen from March 31, 2018. Major factors were as
follows. Retained earnings decreased by 37,794 million yen mainly because: (i) we recorded loss attributable
to owners of parent of 32,770 million yen; and (ii) opening retained earnings were reduced by 3,784 million yen
as effects of changes in accounting policies.
[2] Status of Cash Flow

Consolidated cash and cash equivalents (“Funds”) as of December 31, 2018 increased by 3,057 million yen to
87,781 million yen from March 31, 2018.
The following is an overview of cash flows for the nine months ended December 31, 2018 with relevant factors.
(Cash flows from operating activities)

Funds provided by operating activities totaled 11,041 million yen (compared with 3,458 million yen in Funds
used in operating activities during the same period of the previous fiscal year). Major factors were as follows:
Funds decreased due to loss before income taxes of 28,681 million yen. Meanwhile, Increases in deposits by
banking business by 35,345 million yen and trade and other payables by 4,799 million yen boosted Funds.
(Cash flows from investing activities)

Funds used in investing activities totaled 11,197 million yen (compared with 244 million yen in Funds provided
by investing activities during the same period of the previous fiscal year). Funds declined mainly because
purchase of marketable securities for banking business of 78,786 million yen exceeded proceeds from sale
of marketable securities for banking business of 72,171 million yen.
(Cash flows from financing activities)

Funds provided by financing activities totaled 2,954 million yen (down 39.6% year on year). Major factors
were as follows: Despite a decline in Funds due to net decrease in short-term bonds payable of 7,246 million
yen, net increases in long-term borrowings of 4,622 million yen and issuance and redemption of bonds of
6,750 million yen increased Funds.
(3) Explanation of future forecast including consolidated financial forecast

The Group has revised its full-year consolidated financial forecast for fiscal 2019 in view of recent performances
and other factors. The previous forecast was announced on May 14, 2018. For details, please refer to “Revision
of Financial Forecast, Recording of Operating Expenses, Revision of Dividend Forecast, Suspension or
Reduction of Executive Compensation and Exercise of Compensatory Stock Option” announced on February
13, 2019.
5
II. Condensed quarterly consolidated financial statements and significant notes

(1) Condensed quarterly consolidated statement of financial position
(unit: million yen)
Notes As of March 31, 2018 As of December 31, 2018
Assets
Cash and cash equivalents 84,723 87,781
Trade and other receivables 92,723 108,607
Marketable securities for banking
37,159 43,531
business
Loans by banking business 343,400 342,454
Operational investment securities 3,242 2,221
Marketable securities 208 818
Other financial assets 46,300 32,054
Investments accounted for using the
144 680
equity method
Inventories 6,937 7,605
Assets held for sale 1,807 2,508
Property, plant and equipment 3,028 4,940
Investment property 610 606
Goodwill 29,578 31,746
Intangible assets 3,087 3,546
Deferred tax assets 1,502 1,645
Other assets 2,505 3,919
Total assets 656,961 674,670
Liabilities 9,811 14,558

Trade and other payables 403,509 435,567
Deposits by banking business 78,727 92,312
Bonds and borrowings 5,272 9,652
Other financial liabilities 629 936
Income taxes payable 353 940
Provisions 850 1,052
Deferred tax liabilities 7,029 8,619
Other liabilities 506,184 563,637
Total liabilities
Equity
Share capital 53,638 53,644
Capital surplus 52,713 52,744
Treasury shares (7,685) (7,685)
Retained earnings 47,555 9,760
Other components of equity (1,854) (3,968)
Total equity attributable to owners
144,366 104,495
of parent
Non-controlling interests 6,409 6,537
Total equity 150,776 111,032
Total liabilities and equity 656,961 674,670
6
(2) Condensed quarterly consolidated statement of profit or loss

(unit: million yen)
Nine months ended Nine months ended

Notes
Continuing operations
Operating revenue 56,963 55,173
Operating expenses 36,748 63,410
Selling, general and administrative
17,649 20,717
expenses
Other income 1,128 325
Other expenses 189 1,142
Operating profit (loss) 3,504 (29,770)
Finance income 45 1,173
Finance costs 1,119 72
Share of profit (loss) of investments
(11) (11)
accounted for using the equity method
Profit (loss) before income taxes 2,419 (28,681)
Income taxes 1,511 1,815
Profit (loss) from continuing operations 908 (30,497)
Discontinued operations
Profit (loss) from discontinued operations (892) (2,787)
Profit (loss) 16 (33,285)
Profit (loss) attributable to:

Owners of parent (20) (32,770)
Non-controlling interests 37 (514)
Earnings (loss) per share

(attributable to owners of parent)
Basic earnings (loss) per share (Yen)
Continuing operations 9.46 (291.01)
Discontinued operations (9.66) (27.06)
Total (0.20) (318.07)
Diluted earnings (loss) per share (Yen)

Continuing operations 9.45 (291.01)
Discontinued operations (9.65) (27.06)
Total (0.20) (318.07)
7
(3) Condensed quarterly consolidated statement of comprehensive income

(unit: million yen)

Notes
Other comprehensive income

Items that will not be reclassified to profit
or loss
Remeasurements of defined benefit
(18) (48)
plans
Net change in fair value of equity
instruments measured at fair value - (651)
through other comprehensive income
Total of items that will not be
(18) (700)
reclassified to profit or loss
Items that may be reclassified

subsequently to profit or loss
Exchange differences on translation of
4,299 (313)
foreign operations
Net change in fair values of available-
(1,034) -
for-sale financial assets
Net change in fair value of debt
instruments measured at fair value - (1,017)
Provisions for credit loss on debt
instruments measured at fair value - 21
Share of other comprehensive income
of investments accounted for using the 0 (1)
equity method
Total of items that may be reclassified
3,264 (1,311)
subsequently to profit or loss
Other comprehensive income, net of tax 3,246 (2,011)
Comprehensive income 3,263 (35,297)
Comprehensive income attributable to:

Owners of parent 3,212 (34,764)
Non-controlling interests 51 (533)
Comprehensive income 3,263 (35,297)
8
(4) Condensed quarterly consolidated statement of changes in equity
For the nine months ended December 31, 2017

(unit: million yen)
Other Total equity

Capital Treasury Retained
Notes Share capital components of attributable
surplus shares earnings
equity to owners of
parent
Balance as of April 1, 2017 53,630 52,743 (7,685) 49,504 2,091 150,284
Profit (loss) - - - (20) - (20)
Other comprehensive income - - - - 3,233 3,233
Total comprehensive income - - - (20) 3,233 3,212
Issuance of new shares 4 4 - - - 9
Dividends of surplus - - - (1,235) - (1,235)
Purchase of treasury shares - - (0) - - (0)
Other - (19) - 15 - (4)

Total contributions by and
4 (14) (0) (1,220) - (1,230)
distributions to owners
Dividends to non-controlling
- - - - - -
interests
Other - (0) - - - (0)
Total changes in ownership
- (0) - - - (0)
interest in subsidiaries
Total transactions with owners 4 (14) (0) (1,220) - (1,230)
Balance as of December 31,
53,635 52,728 (7,685) 48,263 5,324 152,266
2017
Non-controlling
Notes Total equity
interests
Balance as of April 1, 2017 5,628 155,913
Profit 37 16
Other comprehensive income 13 3,246
Total comprehensive income 51 3,263
Issuance of new shares - 9
Dividends of surplus - (1,235)
Purchase of treasury shares - (0)
Other - (4)
- (1,230)
(79) (79)
interests
Other (0) (0)
Total changes in ownership interest
(79) (79)
in subsidiaries
Total transactions with owners (79) (1,309)
Balance as of December 31, 2017 5,600 157,867
9
For the nine months ended December 31, 2018

(unit: million yen)
Total equity
Other
Capital Treasury Retained attributable to
Notes Share capital components of
surplus shares earnings owners of
equity
parent
Balance as of April 1, 2018 53,638 52,713 (7,685) 47,555 (1,854) 144,366

Cumulative effect of accounting
- - - (3,784) (123) (3,908)
change
Restated balance as of April 1, 2018 53,638 52,713 (7,685) 43,770 (1,978) 140,458
Profit (loss) - - - (32,770) - (32,770)
Other comprehensive income - - - - (1,993) (1,993)
Total comprehensive income - - - (32,770) (1,993) (34,764)
Issuance of new shares 6 6 - - - 12
Dividends of surplus - - - (1,236) - (1,236)
Purchase of treasury shares - - (0) - - (0)
Other - 25 - (3) 5 26
6 31 (0) (1,239) 5 (1,197)
- - - - - -
interests
Other - 0 - - (2) (2)
- 0 - - (2) (2)
in subsidiaries
Total transactions with owners 6 31 (0) (1,239) 3 (1,199)
Balance as of December 31, 2018 53,644 52,744 (7,685) 9,760 (3,968) 104,495
Non-
Notes controlling Total Equity
interests
Balance as of April 1, 2018 6,409 150,776

Cumulative effect of accounting
(42) (3,950)
change
Restated balance as of April 1, 2018 6,367 146,825
Profit (loss) (514) (33,285)
Other comprehensive income (18) (2,011)

Total comprehensive income (533) (35,297)
Issuance of new shares - 12
Dividends of surplus - (1,236)
Purchase of treasury shares - (0)
Other - 26
- (1,197)
(79) (79)
interests
Other 783 781
703 701
in subsidiaries
Total transactions with owners 703 (495)
Balance as of December 31, 2018 6,537 111,032
10
(5) Condensed quarterly consolidated statement of cash flow

(unit: million yen)

Notes
Cash flows from operating activities

Profit (loss) before income taxes 2,419 (28,681)
Profit (loss) before income taxes from
(907) (2,786)
discontinued operations
Depreciation and amortization 1,968 1,165
Impairment losses 4 368
Impairment losses of other financial assets 1,398 18,924
Interest and dividend income (40,919) (42,527)
Interest expenses 12,517 14,206
Other (profit) loss (2,333) (4,232)
Decrease (increase) in trade and other
(10,276) (1,781)
receivables
Increase (decrease) in deposits by banking
30,040 35,345
business
Decrease (increase) in loans by banking
(30,909) (18,215)
business
Decrease (increase) in operational
3,610 -
investment securities
Increase (decrease) in trade and other
3,486 4,799
payables
Interest and dividends received 42,009 44,724
Interest paid (12,326) (13,608)
Income taxes paid (2,102) (1,935)
Income taxes refund 553 1,063
Other (1,692) 4,212
Net cash provided by (used in) operating (3,458) 11,041
activities
Cash flows from investing activities
Purchase of investments accounted for using
- (549)
the equity method
Decrease (increase) in time deposits 287 (903)
Purchase of property, plant and equipment,
(1,275) (1,732)
and investment property
Proceeds from sales of property, plant and
62 46
equipment, and investment property
Purchase of intangible assets (461) (1,239)
Purchase of marketable securities for
(74,926) (78,786)
banking business
Proceeds from sale of marketable securities
75,731 72,171
for banking business
Proceeds from redemption of marketable
980 4,950
securities for banking business
Purchase of shares of subsidiaries - (2,838)
Payments for sales of shares of subsidiaries (49) (149)
Payments for acquisition of businesses - (980)
Other (104) (1,185)
Net cash provided by (used in) investing
244 (11,197)
activities
11
(unit: million yen)

Nine months Nine months
Notes ended December 31, ended December 31,
2017 2018
Cash flows from financing activities

Net increase (decrease) in notes discounted (36) 330
Net increase (decrease) in short-term borrowings (278) (208)
Net increase (decrease) in short-term bonds payable 5,831 (7,246)
Repayments of long-term borrowings (13,736) (18,223)
Proceeds from long-term borrowings 13,103 22,846
Redemption of bonds (5,541) (2,542)
Proceeds from issuance of bonds 7,034 9,292
Repayments of lease obligations (173) (35)
Payments for purchase of treasury shares (0) (0)
Proceeds from exercise of employee share options 5 7
Dividends paid (1,235) (1,236)
Dividends paid to non-controlling interests (79) (79)
Other 0 51
Net cash provided by (used in) financing activities 4,893 2,954
Net increase (decrease) in cash and cash equivalents 1,679 2,798
Cash and cash equivalents at beginning of period 80,666 84,723
Effect of exchange rate changes on cash and cash equivalents 2,771 259
Cash and cash equivalents at end of period 85,117 87,781
12
(6) Notes to condensed quarterly consolidated financial statements

(Notes on going concern assumption)
No items to report.
(Changes in accounting policies)

Excluding below items, the Group’s significant accounting policies adopted in these condensed quarterly
consolidated financial statements are consistent with those adopted in the consolidated financial statements for
the previous fiscal year.
The Group has adopted IFRS 9 and IFRS 15 from the first quarter of the current fiscal year.
IFRS Overview of the new standard or revision
Revisions concerning the classification, measurement and

IFRS 9 Financial Instruments
impairment of financial instruments and hedge accounting
Revisions concerning accounting treatments for revenue

IFRS 15 Revenue from Contracts with Customers
recognition
In accordance with transitional arrangements to apply IFRS 9 “Financial Instruments” and IFRS 15 “Revenue from
Contracts with Customers”, the Group does not restate consolidated financial statements for the previous fiscal
year.
(1) Adoption of IFRS 9 “Financial Instruments”

[1] Classification and measurement of financial assets
Following the application of IFRS 9 Financial Instruments, the Group classified and measured financial
assets, and evaluated receivables as stated below.
Financial assets measured at amortized cost
Financial assets are subsequently measured at amortized cost if they meet the following conditions.
・The objective of the Group’s business model is to hold financial assets to collect the contractual cash
flow.
・The contractual terms of the financial assets give rise on specified dates to cash flows that are solely
payments of principal and interest on the principal amount outstanding.
Financial assets measured at amortized cost are initially recognized at fair value plus transaction costs
directly attributable to the acquisition. After the initial recognition, the carrying amounts of financial assets
measured at amortized cost are subsequently measured using the effective interest method and
accumulated impairment losses are deducted if necessary.
Financial assets measured at fair value through other comprehensive income

Financial assets held by the Group are classified as debt instruments measured at fair value through other
comprehensive income if they meet the following conditions.
・The financial assets are held within a business model whose objective is achieved by both collecting
contractual cash flows and selling financial assets.
・The contractual terms of the financial assets give rise on specified dates to cash flows that are solely
payments of principal and interest on the principal amount outstanding.
After the initial recognition, financial assets are measured at fair value and subsequent changes are
recognized in other comprehensive income. Upon disposal of the investment, the cumulative gain or loss
that were recognized in other comprehensive income is reclassified from other components of equity to
profit or loss as reclassification adjustments.
The Group may make an irrevocable election at its initial recognition to present in other comprehensive
income changes in the fair value of an investment in equity instruments.
Equity instruments measured at fair value through other comprehensive income are initially recognized at
fair value plus transaction costs directly attributable to the acquisition and subsequent changes are
recognized in other comprehensive income.
Upon disposal of the investment, the aggregate amount of any gain or loss recognized through other
comprehensive income is transferred from other components of equity to retained earnings.
Dividends derived from financial assets measured at fair value through other comprehensive income are
recognized in profit or loss as operating revenue or finance income.
Financial assets measured at fair value through profit or loss

Other than above “financial assets measured at amortized cost” or “financial assets measured at fair value
13
through other comprehensive income,” financial assets are classified as “financial assets measured at fair
value through profit or loss.” The assets include financial assets held for sale.
Investment in the equity instruments is measured at fair value and the changes in fair value are recognized
in profit or loss. This does not apply, however, if the Group makes an irrevocable election at its initial
recognition to present changes in the fair value of an investment in equity instruments in other
comprehensive income. Financial assets measured at fair value through profit or loss are recognized at fair
value at the initial recognition and transaction costs are recognized in profit or loss as incurred.
Due to this, compared with the case where we would apply the previously adopted accounting standards,
marketable securities for banking business and retained earnings increased by 5,556 million yen and 130
million yen respectively and loans by banking business and other components of equity dropped by 5,585
million yen and 127 million yen respectively at the beginning of the current fiscal year. The decrease in
loans by banking business is before deducting provision of allowance for doubtful accounts.
[2] Impairment of financial assets

The Group recognizes provisions for credit loss on (a) financial assets measured at amortized cost (b) debt
instruments measured at other comprehensive income and (c) financial guarantees contracts.
Expected credit loss is measured as the difference between the current value of cash flows that are due to
the Group in accordance with the contract and the cash flows that the Group expects to receive.
The Group measures expected credit losses collectively by grouping part of receivables in accordance with
the delinquency status and nature of transactions from which receivables were recognized. If the Group is
adversely affected by material economic fluctuations, past loan loss ratios are adjusted to reflect the current
economic circumstance and future economic prospects.
The Group, at each reporting date, assesses whether credit risks significantly increased after the initial
recognition. In assessing whether the credit risk materially increased, or whether the subject financial asset
is credit impaired or not, the Group mainly considers the past due information and external credit ratings.
If credit risks associated with the financial assets did not increase materially after the initial recognition, the
Group measures provisions for credit loss on the subject financial assets at the amount equal to 12 months
expected credit losses. Conversely, if credit risks associated with the financial assets have significantly
increased, the Group measures provisions for credit loss on the financial assets equal to the amount of
estimated credit loss over the entire period. However, provisions for credit loss for trade receivables,
contract assets and lease receivables are measured at amounts equal to the expected credit loss over the
entire period regardless of whether credit risks have materially increased or not after the initial recognition.
The Group directly reduces the gross carrying amount of a financial asset when the Group has no
reasonable expectations of recovering a financial asset in its entirety or a portion thereof due mainly to
bankruptcy discharges, debt forgiveness or long-term delinquencies.
The Group recognizes the expected credit losses in profit or loss as impairment losses. If any event causing
the reduction in the impairment losses has occurred after its recognition, it is recorded in profit or loss as a
reversal of impairment losses. For purchased or originated credit-impaired financial assets, if the estimated
credit loss for the entire period is less than the initial estimates included in the estimated future cash flows
on initial recognition, any changes are recognized as impairment gain in profit.
As a result, compared to the calculation in accordance with previous accounting standards, provision of
allowance for doubtful accounts and other components of equity rose by 4,165 million yen and by 3 million
yen respectively, and retained earnings declined by 3,914 million yen as at the beginning of the current
fiscal year.
(2) Application of IFRS 15 “Revenue from Contracts with Customers”

Except for interest and dividend income that IFRS 9 Financial Instruments specifies, the Group recognizes
revenue in an amount that reflects the consideration to which the Group expects to be entitled in exchange
for the transfer of promised goods or services to customers based on the below five-step model.
Step1: Identify the contract(s) with a customer

Step2: Identify the performance obligations in the contract
Step3: Determine the transaction price
Step4: Allocate the transaction price to the performance obligations in the contract
Step5: Recognize revenue when (or as) the entity satisfies a performance obligation
The change has no significant impact on condensed quarterly consolidated financial statements.
14
The revenue recognition standard under IFRS 15 “Revenue from Contracts with Customers” by major
segment is described below.
[1] Commission revenue

Major revenue includes exchange commission arising from financial business transactions.
For foreign exchange commissions, commission revenue is recognized at the time of each transaction
when performance obligations are satisfied.
[2] Sales revenue
For the sale of real estate (land, building) or goods, the Group recognizes sales revenue at the time of
its delivery to a customer when performance obligations are satisfied and the customer acquires control
of a good or service. Revenue from real estate sales is measured at fair value of the consideration
received, less discounts, rebates and sales-related taxes. The amount of consideration for real estate
sales contracts are received mainly within one year after the property was delivered to a customer. It
does not include a significant financing component.
15
(Segment information)
1. Overview of reportable segments
The Group’s reportable segments consist of constituent units for which separate financial information is
available. The reportable segment is also subject to periodic review by the Company’s Board of Directors,
which is responsible for deciding the allocation of management resources and assessing business results.
The Group has six reportable segments by business, namely “Financial Business in Japan,” “Financial
Business in South Korea and Mongolia,” “Financial Business in Southeast Asia,” “General Entertainment
Business,” “Real Estate Business” and “Investment Business.” In the first quarter of fiscal 2019, the Group
changed the names of two segments from “Domestic Financial business” to “Financial Business in Japan”; and
Financial Business in South Korea” to “Financial Business in South Korea and Mongolia,” reflecting addition of
Mongolia-based Capital Continent Investment NBFI, which became a consolidated subsidiary in the first quarter
of fiscal 2019.
“Financial business in Japan” provides credit guarantee services, receivables collection, credit and consumer
credit services, and other financial services. “Financial Business in South Korea and Mongolia” comprises
savings bank business, receivables collection business, capital business and financial business. “Financial
Business in Southeast Asia” provides banking, receivables collection and multi-finance services. “General
Entertainment Business” comprises live entertainment business, TV program production business, and
planning, development and production of entertainment content business. “Real Estate Business” mainly
handles purchase and sale of detached housing, etc., and real estate asset business. “Investment Business”
is investment at home and overseas.
The Group has classified below (i) and (ii) as discontinued operations:
(i) General Entertainment Business (amusement facility operation business) and Real Estate Business
operated by ADORES, Inc. in the fourth quarter of the previous fiscal year; and
(ii) General Entertainment Business (development, production and sales of computer systems for
amusement machines and their peripheral equipment) operated by Highlights Entertainment Co., Ltd. in
the second quarter of the current fiscal year.
As a result, relevant figures for the third quarter of fiscal 2018 and 2019 are reclassified to present the results
of continuing operations excluding discontinued operations.
2. Segment revenue and business results
The Group’s revenue and business results by reportable segments are as follows. Operating revenue from
inter-segment transactions or transfers are based on prevailing market prices or arm’s length prices.
<Nine months ended December 31, 2017>

(unit: million yen)
Reportable segments
Financial Adjust-
Financial General Other
Financial business in Real ments Consolidated
business in entertain- Investment (Note 1)
business South estate Total (Note 2)
Southeast ment business
in Japan Korea and business
Asia business
Mongolia
Operating
revenue
External
7,042 26,788 10,583 - 4,085 7,030 55,529 1,433 - 56,963
customers
Intersegment
operating
75 1 0 - 0 288 366 278 (644) -
revenue or
transfers
Total 7,117 26,790 10,583 - 4,085 7,319 55,895 1,711 (644) 56,963
Segment profit
3,495 3,097 1,105 - 218 (2,759) 5,157 51 (51) 5,158
(loss)
Company-wide expenses, etc. (Note 3) (1,653)
Operating profit 3,504
Finance income 45
Finance costs (1,119)
16
Share of profit (loss) of investments accounted for using the equity method (11)
Profit before income taxes 2,419
Note 1: “Other,” which refers to business segments that are not attributable to reportable segments, and mainly includes commercial facility
construction, IT system businesses.
Note 2: “Adjustments” mainly refer to inter-segment eliminations and corporate not attributable to reportable segments.
Note 3: “Company-wide expenses, etc.” are mainly general and administrative expenses that are not attributable to reportable segments.
<Nine months ended December 31, 2018>

(unit: million yen)
Reportable segments
Financial Adjust-
Financial General Other Con-
Financial business in Real Invest- ments
business entertain- (Note 1) solidated
business South estate ment Total (Note 2)
in South ment
in Japan Korea and business business
east Asia business
Mongolia
Operating revenue
External
7,316 30,160 9,436 949 4,119 788 52,770 2,403 - 55,173
customers
Intersegment
operating
56 91 0 - - 151 299 256 (556) -
revenue or
transfers
Total 7,373 30,251 9,436 949 4,119 939 53,070 2,660 (556) 55,173
Segment profit
3,298 4,002 (14,308) (2) 22 (20,082) (27,069) (1) (181) (27,252)
(loss)
Company-wide expenses (Note 3) (2,518)
Operating profit (loss) (29,770)
Finance income 1,173
Finance costs (72)
Share of profit (loss) of investments accounted for using the equity method (11)
Profit (loss) before income taxes (28,681)
Note 1: “Other,” which refers to business segments that are not attributable to reportable segments, and mainly includes commercial facility
construction, IT system businesses.
Note 2: “Adjustments” mainly refer to inter-segment eliminations and corporate not attributable to reportable segments.
Note 3: “Company-wide expenses, etc.” are mainly general and administrative expenses that are not attributable to reportable segments.
17
2018
Laporan Tahunan
Annual Report

Sahid Sudirman Center 33rd Floor
Jl. Jend. Sudirman No. 86
Jakarta Pusat 10220, Indonesia
Tel. +62 21 2926 1111
www.jtrustbank.co.id
II J Trust Bank Laporan Tahunan 2018

BCIC

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

BCIC

Uploaded by

Copyright:

Available Formats

Laporan Tahunan 2018 Annual Report

A New Chapter Begins

A New Chapter Begins

2018 Annual Report J Trust Bank III

2018 Annual Report J Trust Bank 1

Ikhtisar 2018 Profil Perusahaan

4 Ringkasan Kinerja 2018 38 Informasi Perusahaan

2 J Trust Bank Laporan Tahunan 2018

Tata Kelola Perusahaan Tanggung Jawab

463 PT Bank JTrust Indonesia Tbk

2018 Annual Report J Trust Bank 3

Pinjaman yang Diberikan Simpanan Nasabah Jumlah Aset

16.065 17.171 17.824

4 J Trust Bank Laporan Tahunan 2018

2018 Annual Report J Trust Bank 5

6 J Trust Bank Laporan Tahunan 2018

6,98 2,41 2,28 96,33

2018 Annual Report J Trust Bank 7

Informasi Harga Saham Tahun 2018 Stock Price Information in 2018

Aksi Korporasi Corporate Actions

8 J Trust Bank Laporan Tahunan 2018

Informasi Penghentian Sementara Perdagangan Information on Temporary Suspension of Stock

2018 Annual Report J Trust Bank 9

10 J Trust Bank Laporan Tahunan 2018

RUPS Tahunan J Trust Bank J Trust Bank Dukung Ennichisai 2018

J Trust Bank Annual GMS J Trust Bank Supports 2018 Ennichisai

2018 Annual Report J Trust Bank 11

12 J Trust Bank Laporan Tahunan 2018

Peluncuran Asisten Virtual J Trust Bank Edukasi Inklusi Keuangan di SD Yasporbi I

14 J Trust Bank Laporan Tahunan 2018

Penghargaan dan Sertifikasi

Sertifikasi ISO 9001:2015 ISO 9001:2015 Certification

2018 Annual Report J Trust Bank 15

J Trust Bank terus berupaya melakukan yang terbaik untuk

KONDISI EKONOMI GLOBAL GLOBAL ECONOMIC CONDITIONS

2018 Annual Report J Trust Bank 17

18 J Trust Bank Laporan Tahunan 2018

Nobuiku Chiba Nobiru Adachi Kwik Ing Hie Mahdi Mahmudy

PENILAIAN ATAS KINERJA DIREKSI 2018 ASSESSMENT ON PERFORMANCE OF BOARD OF

Indikator Kinerja Keuangan Financial Performance Indicators

2018 Annual Report J Trust Bank 19

Pengawasan atas Implementasi Kebijakan Strategis Supervision on Strategic Policies Implementation

Manajemen Risiko Kredit Credit Risk Management

20 J Trust Bank Laporan Tahunan 2018

Sumber Daya Manusia Human Resources

Teknologi Informasi Information Technology

PROSPEK USAHA BUSINESS PROSPECT

2018 Annual Report J Trust Bank 21

PANDANGAN DEWAN KOMISARIS ATAS BOARD OF COMMISSIONERS’ VIEW ON CORPORATE

PENERAPAN SISTEM PELAPORAN PELANGGARAN WHISTLEBLOWING SYSTEM IMPLEMENTATION

PENILAIAN TERHADAP KOMITE-KOMITE DEWAN ASSESSMENT ON THE COMMITTEES OF BOARD OF

22 J Trust Bank Laporan Tahunan 2018

PERUBAHAN KOMPOSISI DEWAN KOMISARIS CHANGES IN THE COMPOSITION OF BOARD OF

Jakarta, 29 April 2019

2018 Annual Report J Trust Bank 23

Di tengah tantangan yang cukup berat di tahun 2018, J Trust

KONDISI MAKROEKONOMI 2018 MACROECONOMIC CONDITION IN 2018

2018 Annual Report J Trust Bank 25

26 J Trust Bank Laporan Tahunan 2018

Direktur Direktur Kepatuhan Direktur Utama Direktur

2018 Annual Report J Trust Bank 27

ANALISIS ATAS KINERJA PERUSAHAAN 2018 ANALYSIS ON COMPANY’S PERFORMANCE IN 2018

Implementasi Kebijakan Strategis Implementation of Strategic Policies