EmitenNews.com - PT Bank Neo Commerce Tbk (BBYB), one of the pioneering banks with digital services in Indonesia, again recorded positive achievements in its financial performance in the first half of 2025 by successfully achieving a net profit of Rp276.05 billion, a sharp turnaround from a net loss of Rp6.16 billion in the same period the previous year. This profit achievement was driven by increased operational efficiency as reflected in the decrease in the BOPO ratio to 84.81% in the first half of 2025, from 100.27% in the same position in the previous year. Meanwhile, the Cost to Income (CIR) ratio also showed improvement to 29.95% from the previous 32.04%.

President Director PT Bank Neo Commerce Tbk, Eri Budiono stated, “This achievement confirms that our strategy to improve banking operational performance represents a change to strengthen our business foundation. Our focus on healthy and diversified asset development, improved risk management, and operational efficiency has yielded encouraging results.”

Amidst dynamic market conditions, BNC has successfully maintained healthy and high-quality financial performance. This is reflected in improving profitability ratios, such as Return on Assets (ROA), which rose to 3.09% in the first half of 2025 from –0.07% in the same period the same previous year, and Return on Equity (ROE), which jumped to 15.62% from –0.37%.

Asset quality also showed significant improvement, with the gross non-performing loan (NPL) ratio decreasing from 3.88% in June 2024 to 3.10% in June 2025, and the net NPL ratio decreasing from 1.28% to 0.32%. This reflects the Bank’s success in managing credit risk more measurably and maintaining asset quality, despite a 5.8% year-on-year decline in total assets from Rp19.06 trillion to Rp17.96 trillion, and a 10.3% year-on-year decline in loan disbursement from Rp9.02 trillion to Rp8.09 trillion. The Bank’s focus remains on healthy, sustainable growth, guided by prudent principles, given the still volatile economic climate.

“We continue to pursue prudent and diversified business growth efforts to increase assets and credit distribution. In this challenging economic climate, BNC is striving to expand its business by offering a wider range of products and services to provide excellent customer service. One of our flagship products currently available is Neo Loan, a loan product accessible to the public to meet various needs,” Eri explained.

The composition of Third-Party Funds (TPF/DPK) showed a positive trend, marked by a 44.7% year-on-year increase in current accounts from Rp474.77 billion to Rp686.97 billion, reflecting increased customer confidence in BNC’s transaction and fund management services. Overall, TPF decreased slightly from Rp14.76 trillion at the end of June last year to Rp13.33 trillion at the end of the first half of this year.

“We are developing a range of increasingly comprehensive products and services to address the diverse financial needs of the community. This included not only basic banking products but also a more comprehensive wealth management offering, tailored to various investment objectives tailored to customers’ risk preferences. Furthermore, the features already available in the neobank app will continue to be enhanced to provide a more optimal and seamless banking experience for loyal BNC customers,” Eri explained.  

Core capital and equity also continued to grow, reaching Rp3.67 trillion and Rp3.89 trillion, respectively, at the end of the first semester of 2025, demonstrating the Bank’s increasingly strong capital position, supported by a Capital Adequacy Ratio (CAR) of 41.27%, a significant increase compared to 32.12% in the same period the previous year. The increase in the bank’s capital is in line with the bank’s organic profit growth.

“Achieving net profit in the first half of 2025 marks a significant milestone in our journey. We are optimistic that BNC will continue to grow through product innovation, expanding our increasingly diverse and diversified digital services, and improving operational and service quality to meet customer needs and expectations,” Eri concluded.

BNC also continues to strengthen its dynamic organizational culture, focused on innovation, compliance, and digital services. With an efficient organizational structure and optimal use of technology, BNC is able to improve service quality while maintaining controllable operational costs. This commitment is a crucial foundation for long-term growth, establishing BNC as a leading, resilient, competitive, and trusted financial institution in the digital banking era.

Article’s source: https://emitennews.com/news/bank-neo-commerce-bbyb-bungkus-laba-rp276m-di-semester-i-2025