PORTALJABAR, BANDUNG CITY - The West Java Province Financial Services Authority (OJK) Office assessed that the Financial Services Industry (IJK), especially the banking sector in West Java Province until February 2025, was maintained stable, supported by strong capital, adequate liquidity, and a maintained risk profile.

Head of OJK West Java Darwisman said the development of the Banking Sector In February 2025, the Banking sector in West Java showed positive growth (year on year-yoy) as reflected in several indicators, including total Assets, Third Party Funds (DPK) and Credit, with growth rates of 4.97 percent, 5.14 percent, and 6.29 percent respectively.

The level of credit risk reflected by the Net Performing Loan (NPL) ratio is relatively maintained within the threshold limit even though it has worsened by 0.10 percent from the position in January 2025 to 3.71 percent. Meanwhile, the intermediation function reflected by the Loan to Deposit Ratio (LDR) also looks optimal with a ratio of 92.20 percent or an increase of 0.99 percent (yoy).

"In February 2025, banking credit distribution (General Banks and BPR) in West Java reached IDR 653.34 trillion, growing 6.29 percent (yoy). The market share of credit distribution
"Banking credit in West Java is 8.06 percent of national banking credit distribution," he explained, Tuesday (15/4/2025).

Based on the principles of its business activities, the banking sector is still dominated by conventional activities, with a Total Asset market share of 88.69 percent (916.75 trillion), a DPK market share of 89.12 percent (Rp631.53 trillion), and a Credit market share of 89.12 percent (Rp582.25 trillion).

Meanwhile, based on the type of business, Commercial Banks are still more dominant than People's Economic Banks, with a Total Asset market share of 96.83 percent (IDR 1,000.89 trillion), a DPK market share of 96.81 percent (IDR 686.04 trillion), and a Credit/Financing market share of 96.96 percent (IDR 629.66 trillion).

Development of Commercial Banks Headquartered in West Java Development of Assets of Commercial Banks headquartered in West Java as of February 2025 amounted to IDR196.42 trillion, growing by IDR11.24 trillion or 6.07 percent (yoy) from IDR185.17 trillion in February 2024.

In line with total assets, Third Party Funds (TPF) of General Banks headquartered in West Java grew by IDR 1.94 trillion or 1.46 percent (yoy), from IDR 132.84 trillion in February 2024 to IDR 134.79 trillion in February 2025.

Credit realization showed a growth of IDR 5.59 trillion or 4.56 percent (yoy) from IDR 122.80 trillion in January 2024 to IDR 128.40 trillion in February 2025.

Profit Booking experienced growth of IDR 12.58 billion or 4.51 percent (yoy), from IDR 278.90 billion in February 2024 to IDR 291.49 billion in February 2025.

The increase in profit was supported by credit growth of 4.56 percent (yoy). In general, the performance of the General Bank headquartered in West Java is considered to have improved, although gross NPL worsened from 1.60 percent in February 2024 to 2.09 percent in February 2025.

Development of People's Economic Banks (BPR) and Sharia People's Economic Banks (BPRS) Headquartered in West Java Total assets of BPR and BPRS grew by IDR 111.34 billion or 0.34 percent (mtm), from IDR 32.63 trillion in January 2025 to IDR 32.74 trillion in February 2025.

Third Party Funds (DPK) grew by IDR56.39 billion or 0.25 percent (mtm), from IDR22.52 trillion in January 2025 to IDR22.57 trillion in February 2025. Credit/Financing provided also grew by IDR381.18 billion or 1.64 percent (mtm), from IDR23.29 trillion in January 2025 to IDR22.57 trillion in February 2025.
Rp23.67 trillion in February 2025. Guh