PT Bank Jago Tbk Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021
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PT Bank Jago Tbk reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported net interest income was IDR 317,546 million compared to IDR 42,896 million a year ago. Net loss was IDR 32,605 million compared to IDR 105,713 million a year ago. Basic loss per share from continuing operations was IDR 2.49 compared to IDR 87.66 a year ago.
PT Bank Jago Tbk is an Indonesia-based company primarily engaged in the banking business. The Bank offers various banking products and services that are categorized into funding and lending activities, along with other supporting banking services. It offers Jago, a digital banking financial application that allows customers to manage their financial transactions. The Bank offers funding products, including current account, savings, time deposit, Wadiah current account with wadiah contract yad dhamanah, Wadiah savings with wadiah yad dhamanah contract and Mudharabah deposits with mudharabah muthlaqah contracts. Its lending products include working capital credit, investment credit, consumer credit, multipurpose credit, bank guarantee and others. Its other banking services include Payment of monthly bills, Remittance/RTGS/SKN, Inter-cities warkat invoices, In-city warkat invoices - clearing, ATM Bersama and Alto Network, Customer Fund Account (RDN) and Debit Card.