Bank Jago posts 49% net profit increase in H1 2026

PT Bank Jago Tbk has announced a significant financial performance for the first half of 2026, achieving a net profit after tax of Rp 189 billion. This figure represents a substantial 49% increase compared to the Rp 127 billion recorded in the same period last year.

"As a technology-based bank, this business growth is inseparable from our product and service innovations and strong collaboration with strategic ecosystem partners," stated Arief Harris, President Director of Bank Jago. The bank's assets also saw a healthy rise of 28%, reaching Rp 41.4 trillion by the end of June 2026. Bank Jago maintains a robust capital position, evidenced by its capital adequacy ratio (CAR) standing at 28.4%.

The bank's positive performance is reflected in its growing customer base, third-party funds (DPK), and loan distribution. By the end of June 2026, Bank Jago served 20.1 million customers, an increase of nearly 3 million from the 17.2 million recorded at the end of the first half of 2025. This expansion contributed to a 23% rise in total third-party deposits, which reached Rp 27.6 trillion, up from Rp 22.4 trillion in the prior year.

Loan disbursement totaled Rp 26.6 trillion at the end of the first half of 2026, marking a 24% increase from Rp 21.4 trillion in the same period of 2025. The bank reported a non-performing loan (NPL) gross ratio of 0.8%. Key collaborations, such as those with Bibit and Stockbit, connect over 3.6 million Jago app users to investment products, while partnerships with BFI Finance and other digital platforms facilitate loan distribution.

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As a technology-based bank, this business growth is inseparable from our product and service innovations and strong collaboration with strategic ecosystem partners.