According to kabarbursa.com, PT Bank SMBC Indonesia Tbk (BTPN) has entered a partnership with the Asian Development Bank (ADB) to strengthen trade and supply chain financing through an unfunded risk participation arrangement.
ADB Partnership to Enhance Credit Contingency Mechanisms
Under the agreement, ADB serves as a risk participation partner for SMBC Indonesia’s trade and supply chain financing portfolio. The collaboration aims to reinforce the bank’s existing credit contingency mechanisms. SMBC Indonesia retains full responsibility for transaction origination, administration, management, and monitoring. Due diligence on clients, compliance with applicable regulations, and continuous portfolio monitoring are integral components of the implementation process.
Jun Saito, Deputy President Director of Bank SMBC Indonesia, emphasized the strategic role of such financing:
“Trade and supply chain financing play an increasingly important role in connecting businesses, supporting commercial activities, and strengthening value chains.” — Jun Saito, Deputy President Director of Bank SMBC Indonesia
This synergy is intended to expand business access to financing, enhance trade ecosystem resilience, and support sustainable economic growth, according to Saito.
Semester I 2026 Financial Performance
For the first half of 2026, SMBC Indonesia reported consolidated net profit attributable to parent entity owners of Rp1.4 trillion, reflecting a year-on-year increase of 40.3%. On a standalone bank basis, net profit after tax rose 86% year-on-year to Rp1.066 trillion.
Consolidated credit disbursement totaled Rp185.3 trillion as of end-June 2026. Consolidated operating income reached Rp8.6 trillion, composed of net interest income of Rp7.5 trillion and other operating income of Rp1.0 trillion. Consolidated credit costs declined 14.8% year-on-year to Rp2.1 trillion, while consolidated total assets grew 4.7% year-on-year to Rp245.5 trillion.
Corporate and commercial lending increased 12.8% year-on-year to Rp116.5 trillion as of end-June 2026. Jenius credit rose 9.9% year-on-year to Rp3.69 trillion, while BTPN Syariah financing grew 8.7% to Rp11.03 trillion. Financing from Oto Multiartha (OTO) and Summit Oto Finance (SOF) rose 5.8% year-on-year to Rp31.89 trillion.
Subsidiary Contributions to Consolidated Results
BTPN Syariah recorded net profit of Rp655 billion in Semester I 2026, up 1.8% year-on-year, with financing disbursement reaching Rp11 trillion. Grup OTO posted net profit of Rp382 billion, surging 251.8% year-on-year — driven by its 5.8% year-on-year financing growth and lower credit costs.
Henoch Munandar, President Director of SMBC Indonesia, stated that the first-half 2026 results reflect the company’s commitment to building a stronger business foundation for healthy, sustainable growth amid domestic and global economic dynamics and banking industry shifts.
“We continue strengthening our business fundamentals so the Company can grow healthily and sustainably. Every strategic step is directed toward balancing performance achievement and value creation, making stakeholders’ lives more meaningful together.” — Henoch Munandar, President Director of SMBC Indonesia
Source: kabarbursa.com
Compiled from international media by the SCI.AI editorial team.
