The threat of recession started to lurk the economic growth of a number of countries in the world. Many factors contributed, starting from the impact of the Russia-Ukraine war, soaring global inflation, to the increase in the Fed's interest rate. Even the World Bank in its June 2022 Report cut its forecast for global economic growth, and warned many countries that their economy would correct itself. Reporting from the World Bank report entitled Global Economic Prospect in June 2022, the global economy was expected to be around the level of 3% in 2023 to 2024.
According to a World Bank report, Indonesia's economic growth was predicted to be quite good at 5.1%, higher than last year's projection of 3.7%. However, the condition of the national economy will still be faced with challenges of high uncertainty in 2023, thus demanding the Government to strengthen the policy mix instruments so that monetary stability can be maintained in support of economic recovery. There was an escalation in global risk, triggered in particular by the accelerated normalization of US monetary policy and Russia's geopolitical conflict with Ukraine.
The combination of these factors led to an increase in global commodity prices, particularly in the food and energy sectors, as well as an increase in inflation in several developed countries in Europe and America. The high inflation rate increased the volatility of capital flows, exchange rates, the financial sector and accelerated the normalization of monetary policy for developing countries such as Indonesia.
Entering 2023, Indonesia was faced with several matters that had to be adjusted immediately, namely the transition from a pandemic to an endemic and the ability to seize opportunities from the challenges of the Russia-Ukraine conflict which had an impact on the commodity supply chain. Opportunities for commodity exports that had been banned by western countries against Russia could create opportunities for increased exports of commodities such as gas and coal. This increase began to be seen in the second quarter of 2022 with exports to grow 19.74% (yoy), this factor had to be able to be maintained sustainably throughout 2023.
2023 will become a year full of challenges for the banking industry. The uneven pace of global economic recovery and the Fed's policy normalization plans sparked the issue of tapering, which raised the potential for future benchmark interest rate hikes. Accelerated global economic recovery followed by soaring inflation in several developed countries and exacerbated by the threat of recession in several countries prompted central banks in several countries to issue policies that had the potential to make mistakes by implementing too aggressive monetary tightening to control inflationary shocks. However, in contrast to Indonesia, the various macroprudential policy mixes between the central
yakin memiliki prospek yang baik serta peluang untuk terus tumbuh secara berkelanjutan. Peluang yang dimiliki bank bjb antara lain sebagai berikut:
1. Berdasarkan skala pasar, sebagian besar Kantor Cabang bank bjb masih menjadi market nichers di wilayah operasionalnya sehingga masih memiliki peluang yang cukup besar untuk meningkatkan pangsa pasarnya dari sisi aset, baik DPK maupun kredit.
2. Semakin meningkatnya literasi keuangan masyarakat melalui program yang dicanangkan oleh Bank Indonesia dan Otoritas Jasa Keuangan dalam rangka menerapkan kebijakan keuangan inklusif sebagai suatu bentuk pendalaman layanan keuangan (financial service deepening) yang ditujukan kepada masyarakat kelas menengah ke bawah untuk memanfaatkan produk dan jasa keuangan formal seperti sarana menyimpan uang yang aman (keeping), transfer, menabung maupun pinjaman dan asuransi.
3. Kegiatan pelaku ekonomi yang cukup tinggi di Provinsi Jawa Barat, Banten dan DKI Jakarta merupakan potensi pengembangan perkreditan dan pendanaan.
4. Berbagai proyek pembangunan infrastruktur, termasuk Proyek Strategis Nasional berada di wilayah kerja Jawa Barat dan Banten, sehingga bank bjb memiliki kesempatan untuk memaksimalkan penyaluran kredit dan mampu mendorong pertumbuhan ekonomi daerah secara optimal.
5. Dukungan dari Pemerintah Daerah secara konsisten dan berkesinambungan dalam mengembangkan bank bjb sebagai penggerak dan pendorong laju perekonomian di daerah.
6. Potensi yang masih besar dalam pengembangan produk digital untuk menyasar segmen ritel dan membangun eksositem bisnis bank bjb.
Di tengah kondisi perekonomian yang dihadapkan pada meningkatnya risiko stagflasi dan tingginya ketidakpastian pasar keuangan serta persaingan industri perbankan yang semakin kompetitif, bank bjb tetap menegaskan komitmen untuk terus berkontribusi nyata terhadap perekonomian Indonesia. Semua gejolak ekonomi tersebut mendorong bank bjb untuk beradaptasi dengan cepat menghadapi perubahan industri perbankan modern dengan semangat meningkatkan persaingan dan pengembangan usaha.
Untuk menjaga kinerja, bank bjb melakukan percepatan pertumbuhan operasional dan keuangan melalui pemanfaatan ekosistem perbankan digital. Di era disrupsi teknologi informasi
believes it has good prospects and opportunities to continue to grow in a sustainable manner. Opportunities owned by bank bjb include the following:
1. Based on market scale, most of bank bjb Branch Offices were still market nichers in their operational areas so that they still had considerable opportunities to increase their market share in terms of assets, both TPF and loans.
2. Increasing public financial literacy through programs launched by Bank Indonesia and the Financial Services Authority in the framework of implementing financial inclusion policies as a form of financial service deepening aimed at the public at the bottom of the pyramid to utilize formal financial products and services such as means of keeping money safe (keeping), transfers, savings as well as loans and insurance.
3. The relatively high activity of economic actors in the provinces of West Java, Banten and DKI Jakarta became a potential for developing loan and funding.
4. Various infrastructure development projects, including the National Strategic Project were in the working areas of West Java and Banten, so that bank bjb had the opportunity to maximize lending and be able to optimally promote regional economic growth.
5. Support from the Regional Government consistently and continuously in developing bank bjb as a driver of the economy in the region.
6. There was still great potential in the development of digital products to target the retail segment and build a bank bjb business ecosystem.
In the midst of economic conditions faced with increasing risk of stagflation and high financial market uncertainty as well as increasingly competitive banking industry competition, bank bjb continued to emphasize its commitment to make a real contribution to the Indonesian economy. All these economic upheavals encouraged bank bjb to quickly adapt to changes in the modern banking industry with the spirit of increasing competition and business development.
To maintain performance, bank bjb accelerated operational and financial growth through the use of the digital banking ecosystem.
In this era of information technology disruption, bank bjb became
ini, bank bjb telah menjadi salah satu bank yang memiliki keunggulan berbasis teknologi digital. Sesuai dengan visi dan misi, bank bjb terus memberikan kontribusi yang terbaik untuk mendorong pertumbuhan perekonomian dan pembangunan untuk mewujudkan masyarakat yang sejahtera. Selain itu bank bjb juga tetap berupaya untuk meningkatkan eksistensinya dengan berusaha menjadi salah satu perbankan nasional yang mampu memberikan layanan keuangan secara meyeluruh sehingga dapat memberikan nilai tambah bagi seluruh stakeholder.
Untuk dapat menangkap berbagai peluang yang dimiliki bank bjb, maka arahan strategi yang tertuang dalam bentuk Arahan Strategi Direksi Tahunan (ASDT) tahun 2023 adalah sebagai berikut:
1. Ekspansi Kredit Secara Selektif dengan Mengoptimalkan Ekosistem Bisnis
a. Pertumbuhan kredit secara berkelanjutan
b. Menjaga pertumbuhan kredit secara selektif dan berkualitas
2. Memperkuat Likuiditas Untuk Mendukung Kinerja Bank a. Optimalisasi product holding dalam rangka meningkatkan
pertumbuhan dana pihak ketiga dan bisnis lainnya.
b. Memperkuat likuiditas dengan menciptakan business ecosystem melalui pengembangan layanan digital.
c. Mengintegrasikan layanan e-channel dengan berbagai layanan perbankan untuk meningkatkan akuisisi nasabah.
d. Optimalisasi funding jangka panjang melalui instrumen pasar modal dan bilateral loan dalam rangka penguatan posisi rasio-rasio keuangan serta pertumbuhan aset bank bjb.
3. Mendorong Pertumbuhan Bisnis Melalui Sinergi dan Kolaborasi
a. Mendukung pertumbuhan bisnis secara anorganik melalui sinergi dan kolaborasi dengan skema Kelompok Usaha Bank (KUB).
b. Membangun sinergi dengan partner strategis untuk mengakselerasi pertumbuhan bisnis melalui channeling, asset buy, dan pola kemitraan.
c. Memperluas kerja sama dengan fintech, e-commerce dan e-marketplace untuk menciptakan solusi digital guna mendukung pertumbuhan bisnis.
d. Mengoptimalkan kontribusi perusahaan anak dengan memperkuat sinergi untuk mendukung kinerja secara konsolidasi.
4. Mengoptimalkan Peran Teknologi Dalam Mengakselerasikan Transformasi Digital Untuk Mendukung Bisnis
a. Meningkatkan customer experience melalui excellence service delivery dan penerapan perlindungan nasabah dalam kegiatan bisnis sehingga terciptanya customer engagement.
b. Optimalisasi platform bjb Go Smart City dalam rangka perluasan layanan elektronifikasi transaksi pemerintah daerah dan implementasi ekosistem digital desa dalam membantu peningkatan perekonomian desa.
one of the banks that had advantages based on digital technology.
In accordance with the vision and mission, bank bjb continued to provide the best contribution to encourage economic growth and development to create a prosperous society. In addition, bank bjb also continued to strive to increase its existence by trying to become one of the national banks to provide financial services as a whole so that it could provide added value to all stakeholders.
In order to capture the various opportunities that bank bjb owned, the strategic directions contained in the form of the 2023 Annual Directors Strategic Direction (ASDT) were as follows:
1. Selective Loan Expansion by Optimizing the Business Ecosystem
a. Sustainable loan growth
b. Maintain selective and quality loan growth
2. Strengthening Liquidity To Support Bank Performance a. Optimizing product holding in order to increase the
growth of third parties funds and other businesses.
b. Strengthening liquidity by creating a business ecosystem through the development of digital services.
c. Integrating e-channel services with various banking services to increase customer acquisition.
d. Optimizing long-term funding through capital market instruments and bilateral loans in order to strengthen the position of financial ratios and the growth of bank bjb assets.
3. Encouraging Business Growth Through Synergy and Collaboration
a. Supporting inorganic business growth through synergy and collaboration with the Bank Business Group (KUB) scheme.
b. Building synergies with strategic partners to accelerate business growth through channeling, asset buys, and partnership patterns.
c. Expanding cooperation with fintech, e-commerce and e-marketplaces to create digital solutions to support business growth.
d. Optimizing the contribution of subsidiary companies by strengthening synergies to support consolidated performance.
4. Optimizing the Role of Technology in Accelerating Digital Transformation to Support Business
a. Improving customer experience through excellence service delivery and implementing customer protection in business activities to create customer engagement.
b. Optimizing the bjb Go Smart City platform in the context of expanding local government transaction electronification services and implementing village digital ecosystems to help improve the village economy.
6. Menjaga Struktur Modal dan Mendorong Peningkatan Produktivitas Human Capital
a. Menjaga komposisi struktur modal untuk menunjang ekspansi bisnis
b. Meningkatkan produktivitas human capital
7. Penguatan Governance, Risk, dan Compliance (GRC) Untuk Mendukung Bisnis Bank
a. Berperan aktif membantu perusahaan dalam mencapai tujuan melalui pendekatan yang sistematis dan konsisten dengan peningkatan kualitas tata kelola, kepatuhan dan manajemen risiko.
b. Pengembangan metodologi manajemen risiko guna mendukung aktivitas bisnis dan permodalan bank.
c. Meningkatkan efektifitas sistem pengendalian internal untuk mendukung bisnis.
d. Mengembangkan compliance management system untuk penguatan risk and compliance awareness.
e. Pengembangan sistem informasi pengelolaan program APU PPT sesuai kebutuhan bisnis dan digitalisasi layanan.
f. Pengelolaan risiko dan kepatuhan yang efektif dalam mendukung KUB dan konglomerasi keuangan.