Jakarta, July 31, 2026 — PT Bank SMBC Indonesia Tbk. (SMBC Indonesia) posted positive performance in the first half of 2026, supported by business growth, a strengthened funding structure, and business portfolio optimization as part of its strategy to strengthen long-term growth.

One of the strategic initiatives it undertook in the first half of this year was the implementation of the first phase of the transfer of its pension credit portfolio to PT Bank Tabungan Negara Tbk. (BTN). This step was taken to ensure the continuity of service to customers while providing SMBC Indonesia with flexibility in allocating capital and resources to potential business areas.

SMBC Indonesia President Director Henoch Munandar stated that the performance in the first half of 2026 reflects the bank’s commitment to continuously building a stronger business foundation to enable healthy and sustainable growth amidst the dynamics of domestic and international economies, as well as in the banking industry.

"We continue to strengthen our business fundamentals so that the bank can grow healthily and sustainably. Every strategic step is aimed at maintaining a balance between performance achievement and value creation, so that the lives of stakeholders altogether become more meaningful," said Henoch.

As of the end of June 2026, SMBC Indonesia recorded consolidated loan disbursement of Rp185.3 trillion. Loan disbursement was supported by growth in several key business segments, including corporate and commercial loans at 12.8% year-on-year (yoy), loans in the digital-savvy segment through Jenius (excluding Digital Micro) at 9.9% yoy, and PT Bank BTPN Syariah Tbk. (BTPN Syariah) financing at 8.7% yoy. Meanwhile, the OTO Group financing increased by 5.8% yoy.

In line with growing business activity, SMBC Indonesia recorded consolidated operating income of Rp8.6 trillion in the first half of 2026, derived from net interest income of Rp7.5 trillion and other operating income of Rp1.0 trillion.

Meanwhile, SMBC Indonesia's consolidated credit costs decreased by 14.8% yoy to Rp2.1 trillion, in line with the implementation of prudent and proactive credit risk management by maintaining adequate provision levels to safeguard portfolio quality.

SMBC Indonesia's total consolidated assets grew 4.7% yoy to Rp245.5 trillion at the end of June 2026.

SMBC Indonesia recorded a consolidated net profit after tax attributable to owners of the parent entity of Rp1.4 trillion in the first half of 2026, a 40.3%-yoy increase, in part due to the proceeds from the transfer of the pension loan portfolio. Meanwhile, SMBC Indonesia's bank-only net profit after tax grew 86% yoy to Rp1.066 trillion during the period.

The positive performance of its subsidiaries also contributed to SMBC Indonesia's consolidated performance. BTPN Syariah recorded a net profit of Rp655 billion in the first half of 2026, a 1.8%-yoy increase. BTPN Syariah's financing disbursement reached Rp11 trillion, an 8.7%-yoy increase. Meanwhile, the OTO Group posted a net profit of Rp382 billion in the first half of 2026, a 251.8%-yoy increase. The OTO Group's net profit growth was supported by a 5.8%-yoy increase in financing and lower credit costs.

Funding and Capital Remain Strong

SMBC Indonesia continues to strengthen its funding structure through growth in current account and savings account (CASA). By the end of June 2026, CASA balances increased by 37.4% to Rp60.1 trillion. Correspondingly, the CASA ratio increased to 47.5% from 39.8%, driven by growth in funding from the corporate and commercial, small-and-medium enterprise (SME), and retail segments. Specifically, CASA growth in the SME segment was also supported by a rise in use of TOUCHBIZ, a digital solution specifically designed to simplify SME financial activities, allowing business owners to focus on growing their businesses.

"Strengthening CASA is an important part of our efforts to build a healthier and more efficient funding structure. With strong liquidity, we have greater flexibility to support customer needs while strengthening the bank’s capacity to develop its business sustainably," said Henoch.

This strong funding position is also supported by solid capital. As of June 30, 2026, the bank’s capital adequacy ratio (CAR) stood at 30.7%.

Optimizing Financial Literacy and Inclusion through Daya

SMBC Indonesia continues to strengthen its commitment to improving financial literacy and inclusion through various Daya programs, which involve education and empowerment programs that reach various segments of society. Throughout the first half of 2026, the bank’s financial literacy activities reached 4,830 participants through various seminars and 18 individual consultation sessions.

Through the Daya Program, SMBC Indonesia also presents various initiatives for vocational high school teachers, women's communities, and corporate employees, covering personal financial management, retirement planning, and education on the risks of online loans and consumer debt.

As part of its efforts to expand its educational impact, Daya has developed a financial literacy curriculum, "A More Meaningful Future through Financial Readiness," for vocational high school students. Implementation of the curriculum began with a training of trainers (TOT) for six teachers from two schools and will begin with approximately 1,000 10th-grade students in August 2026. In addition, Daya also provides individual financial mentoring for teachers to support personal financial management and long-term financial planning.

SMBC Indonesia also expands public access to education through its digital platform, Daya.id, which provides a variety of content on finance, business, and lifestyle. As of the end of June 2026, Daya.id recorded 451,558 visitors, an increase compared to 173,177 visitors in the same period the previous year. Since its launch, the platform has also had more than 238,000 registered users who can access more than 5,000 educational contents, strengthening Daya's role as an empowerment ecosystem that supports communities to continue to grow sustainably.

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