Bank Kalsel recorded positive performance at the end of 2023

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The main building of Bank Kalsel di Kalimantan.
The main building of Bank Kalsel di Kalimantan.

JAKARTA -- Bank Kalsel recorded positive performance based on performance growth in November 2023 with assets reaching IDR 26.26 trillion or growing 18.65 percent annually or year on year (YoY).

President Director of Bank Kalsel Fachruddin said that the profit was a contribution to the increase in Bank Kalsel's core capital which was realized organically by IDR 2.65 trillion in November 2023. Bank Kalsel's capital is projected to be realized at IDR 3.42 trillion in December 2023.

In terms of liabilities, Bank Kalsel's third party funds (DPK) increased by 15.24 percent, reaching IDR 20.57 trillion. Credit and financing distribution grew 8.19 percent with a nominal value of IDR 14.66 trillion.

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This achievement in business and operational performance boosted the bank's consolidated profit of IDR 338 billion in November 2023 or experienced growth of 5.82 percent on an annual basis.

Bank Kalsel's Sharia Business Unit (UUS) in 2023 has realized the distribution of Prosperous KPR financing to 37 participants with total financing of IDR 6.05 billion.

Fachruddin said that Bank Kalsel continues to receive appreciation and awards for its various brilliant achievements in 2023 when it enters the age of 59 years. These various forms of awards are proof that Bank Kalsel has been managed well and professionally.

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