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Bank Jago profit jumps 154% to $7.8m

Bank Jago reported a net profit of 127 billion rupiah (US$7.8 million) in the first half of 2025.

This marks a 154% increase from 49.9 billion rupiah (US$3.08 million) during the same period last year.

This growth was driven by a 37% rise in credit disbursement.

According to its financial report, the bank’s interest income increased by 76.5% to 1.52 trillion rupiah (U$93.83 million), up from 862 billion rupiah (U$53.21 million).

Interest expenses rose from 199.2 billion (U$12.3 million) rupiah to 421.8 billion rupiah (U$26.04 million).

Meanwhile, net interest income grew by 49% to 1.16 trillion rupiah (US$71.6 million).

As of June 2025, Bank Jago’s customer base reached 17.2 million. This includes 13.7 million funding customers using its Jago and Jago Syariah apps.

This represents an increase of 3 million app users from the previous year.

Recent Bank Jago developments

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