Net Profit of Digital Bank Soars Double Digits

JAKARTA - The first half of the fiscal year has seen three digital banks release their financial reports for the first half of 2024, all of which have demonstrated growth in performance.

Bank Raya Indonesia Tbk (AGRO) emerged as the digital bank with the highest net profit growth, boasting an annual increase of 115.9% to Rp 20.02 billion. Meanwhile, Bank Jago Tbk (ARTO) saw the second-highest increase in net profit, rising by 23.32% to Rp 49.97 billion. Bank Amar Tbk (AMAR) also experienced an annual increase in net profit, growing by 15% to Rp 97.79 billion.