PT Bank Pembangunan Daerah Jawa Timur Tbk Class B
IIDX:BJTM500.00
IDR
0.00
(0.00%)
ISIN
ID1000123904
Return %
Stock
S&P 500
1Y
-3.85
14.20
3Y
-18.03
81.12
5Y
-34.64
68.34
Capital Structure
IDR
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in mil. unless spec.Working Capital
IDR
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in mil. unless spec.Growth Rates
IDR
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in mil. unless spec.Quarterly Revenue
IDR
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in mil. unless spec.Quarterly Earnings Per Share
IDR
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in mil. unless spec.Quarterly Dividends Per Share
IDR
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in mil. unless spec.Company Description
- CEO
- Winardi Legowo
- Full Time Employees
- 4,338
- Sector
- Finance
- Industry
- Major banks
- Address
- Jalan Basuki Rachmat No 98 - 104 Surabaya JI Indonesia 60271
- IPO Date
- Jul 3, 2012
- Website
- bankjatim.co.id
- Similar Companies
- Business
- PT Bank Pembangunan Daerah Jawa Timur Tbk (BJTM.JK), known as Bank Jatim, operates as a regional development bank focused on supporting economic growth in East Java, Indonesia, through a comprehensive range of conventional and sharia-compliant banking products and services; these include deposit products such as Rupiah and foreign currency current accounts, savings accounts, and time deposits; consumer and personal loans encompassing property financing, multiguna loans, motor vehicle loans, gold guarantee credit, and cash collateral facilities; commercial, corporate, and syndicated loans; micro, retail, and government program loans; treasury products like foreign exchange, hedging forward contracts, bank notes, and deposit on call; trade finance services including letters of credit, documentary collections, bill purchasing, and shipping guarantees; sharia financing and fund products; and digital services such as ATM access, internet banking, mobile banking, SMS banking, virtual accounts, electronic government staff cards, safe deposit boxes, and Jatim Priority premium services. Headquartered at Jl. Basuki Rachmat No. 98-104 in Surabaya, East Java, the bank was founded on August 17, 1961, originally as PT Bank Pembangunan Daerah Djawa Timur before renaming in 1976, and maintains an extensive network of approximately 41 conventional branches, seven sharia branches, over 160 sub-branches and agents, and additional payment points across East Java to serve individuals, small and medium enterprises, corporations, and regional governments. Bank Jatim targets local businesses, agriculture, public sector entities, and retail customers, employing around 4,350 to 7,100 staff while emphasizing digital transformation and sharia unit expansion since introducing its Sharia Business Unit in 2007. In recent developments, Bank Jatim held its Annual General Meeting of Shareholders (RUPST) for fiscal year 2024 on May 22, 2025, approving a dividend distribution of Rp 821 billion, appointing Winardi Legowo as candidate President Director, and implementing changes to the articles of association alongside a recovery plan; the bank also executed a capital participation into Bank NTB Syariah as part of its Regional Development Bank (KUB) group strategy initiated in 2024, with plans to extend similar collaborations to banks in Lampung, NTT, Sultra, and Banten. Strategic partnerships expanded in 2024-2025, including a October 2024 cooperation with PT Eratani Teknologi Nusantara to enhance agricultural financing via KUR loans up to Rp 500 million, Kredit Jatim Mikro, and agricultural machinery financing up to Rp 2 billion with credit risk guarantees; a September 2024 MoU with Bojonegoro Regency Government for digitalizing regional financial management to optimize revenues and support non-cash initiatives; another MoU with Universitas Hayam Wuruk Perbanas for financial services, education, research, and HR development; and a recent agreement with East Java Regional Police (Polda Jatim) to strengthen institutional synergies.