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Bank OCBC NISP continues its commitment to strengthen Indonesian economy by facilitating and inspiring people to be actively involved in creating a better Indonesia, supported by Bank’s banking solutions, among others sustainable financing portfolio, digital initiatives and CSR programs
Jakarta, April 2, 2020 – Today, Bank OCBC NISP held its Annual General Meeting of Shareholders (“AGMS”) and obtained approval for the entire meeting agendas.
The shareholders approved all five meeting agendas, including:
- The Company’s Annual Report for Fiscal Year 2019
- The stipulation on the 2019 net profit to strengthen Company’s capital and will not be distributed as dividend. This stipulation is to ensure the Bank’s healthy and sustainable growth.
- The Company’s shares buyback at a maximum of 400,000 shares for variable remuneration in accordance with the Financial Services Authority Regulation (POJK) No. 45/POJK.03/2015.
- Granting the authority to the Board of Commissioners, to appoint a Public Accountant and Public Accounting Firm to audit the financial statements of the Company for the financial year 2020
- Changes in the composition of the Company's management and the determination of remuneration, as follows:
- Reappointment of members of the Board of Commissioners and the Board of Directors for the term of office effective from the closing of this AGMS until the closing of Company’s AGMS in 2023, except for Peter Eko Sutioso who has reached the maximum age set by the Company.
- Accepted the resignation of Mirah Wiryoatmodjo as Director which will take effect starting from the closing of this AGMS and appointed Lili S. Budiana and Ka Jit as Directors effective after obtaining OJK approval until the closing of Company’s AGMS in 2023.
- Reappointment of Sharia Supervisory Board which will take effect starting from the closing of this AGMS until the closing of Company’s AGMS in 2023.
Amidst the dynamic global and domestic economic throughout 2019, Bank OCBC NISP managed to maintain a stable financial performance by recording a net profit growth of 11% to Rp2.9 trillion from Rp2.6 trillion in 2018. Guided by prudent principle, Bank OCBC NISP also managed to maintain the stability of its intermediary function in 2019. In 2020, Bank OCBC NISP will continue to increase its competitive advantage by strengthening business models and management team. These steps are taken to ensure the well implementation of the Bank's strategies and initiatives, enabling the Bank to face the competitiveness of the financial industry.
“Bank OCBC NISP's efforts in maintaining a healthy and sustainable business are in line with our commitment to consistently providing positive impact to the society and the environment. Bank OCBC NISP is committed to perform responsible banking business practices and create Indonesia’s best talents,” said Parwati Surjaudaja, President Director of Bank OCBC NISP.
In line with the Bank's commitment in providing positive impact to Indonesia and the environment, Bank OCBC NISP reaffirms its commitment toward sustainable financing and has disbursed sustainable financing amounted Rp33.5 Trillion in 2019. Bank OCBC NISP has also strengthened its commitment by joining the Indonesian Sustainable Financial Initiative (IKBI) in November 2019. In 2020, Bank OCBC NISP also obtained sustainable funding facility from the International Finance Corporation (IFC) with amount up to IDR2.75 Trillion to provide green financing and empowering women's SMEs. This is the first financing program to empower women-owned SMEs in Indonesia.
Bank OCBC NISP's commitment to carry out a responsible banking business practices will be strengthened through various empowerment initiatives towards Indonesian society to achieve their 'Financial Independence' as well as being part of managing the environmental footprint. Bank OCBC NISP provides various digital innovations as part of the ‘Beyond Traditional Banking' strategy to assist people in achieving their financial aspirations. Strengthening this commitment, Bank OCBC NISP enhanced ONe Mobile application that allows customers not only for transactions but also manage their finances and investments easily, quickly and affordably. Bank OCBC NISP also launched "RACHEL" (Reach Your Life Goals), a smart chatbot innovation as the Financial Buddy that is ready to assist people to achieve their financial aspirations.
"Amidst the global economic situation, 2020 gives more complex challenges on banking industry which requires special attention from all financial industry stakeholders. Optimism, synergy and the right business strategy are an absolute necessity to support sustainable development for the Indonesian economy to continue to grow healthy. Thus, with the Tidak Ada Yang Tidak Bisa (TAYTB) or No Such Things as Can’t ethos, Bank OCBC NISP invites and inspires people in taking the active role as an agent of change in their community/environment, collaborating together to build the economy and creating better Indonesia supported by various banking solutions, sustainable financing portfolio, digital initiatives and Bank's social responsibility program. Moreover with this current situation of COVID-19, Bank OCBC NISP continues to strengthen its #BankingFromHome solutions both for individual (via ONe Mobile) and corporate (via Velocity), furthermore starting this April in order to support SMEs to conduct their business any time and any where, Bank OCBC NISP provides Velocity Mobile thus their business operations will continue to run smoothly," Parwati concluded.
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About Bank OCBC NISP
Bank OCBC NISP was established in Bandung in 1941 under the name Nederlandsch Indische Spaar en Bank Deposit. As of December 31, 2019, Bank OCBC NISP serves its customers through 283 office networks in 57 cities in Indonesia, equipped with 669 Bank OCBC NISP ATM units that can be accessed in more than 195,000 ATM networks in Indonesia, as well as connected with more than 766 OCBC ATM networks Groups in Singapore and Malaysia. Bank OCBC NISP also serves its customers through digital channels, including mobile banking and internet banking, both for individual and corporate. Bank OCBC NISP received an idAAA (stable) rating from PT Pemeringkat Efek Indonesia (PEFINDO) and AAA (idn) / stable from PT Fitch Ratings Indonesia.
Bank OCBC NISP
Corporate Communication Division
OCBC NISP Tower, Jl Prof Dr Satrio Kav 25, Jakarta 12940
Tel: 021- 25533888 ; Fax: 021-57944000
corporate.communication@ocbcnisp.com
Website : www.ocbcnisp.com
Aleta Hanafi Duhita Rahma Mahatmi (Gandis) Masniar Hutajulu
Division Head Public Relations & CSR Public Relations
aleta.hanafi@ocbcnisp.com, duhita.mahatmi@ocbcnisp.com masniar.hutajulu@ocbcnisp.com
Mobile: 62-8119860068 Mobile: 62-8111071069 Mobile: 62-8118439880
