At the 2025 Annual General Meeting of Shareholders (AGMS), held at OCBC Tower in Jakarta, PT Bank OCBC NISP Tbk (OCBC) successfully presented its performance and received full approval for key agenda items. Shareholders, who also had the option to join virtually via the eASY.KSEI application, endorsed the company's plans, reinforcing confidence in its strategies moving forward.

One of the significant highlights from the meeting was the approval of the company’s 2024 Annual Report, which also included the Board of Directors' Report and the Board of Commissioners' Supervision Report. A major point of discussion was the bank's consolidated net profit for 2024, which totaled IDR 4.87 trillion. Shareholders voted to distribute 50% of this amount, or IDR 2.43 trillion, as cash dividends, benefiting shareholders.

In addition, the meeting approved the repurchase of 390,000 of the bank's shares, with the proceeds being allocated for employee variable remuneration, as stipulated by Indonesian financial regulations. The meeting also saw changes to the Board of Directors and the Board of Commissioners, with Na Wu Beng reappointed as Commissioner and Hartadi Agus Sarwono appointed as Independent Commissioner, pending regulatory approval.

OCBC NISP Posts Strong Financial Results for 2024

The 2024 financial year saw impressive growth for OCBC. The bank reported a 19% increase in net income, reaching IDR 4.9 trillion, compared to IDR 4.1 trillion in 2023. Loans grew by 11%, amounting to IDR 170.5 trillion, while customer deposits increased by 13%, totaling IDR 205.9 trillion. The bank's total assets rose by 13%, reaching IDR 281 trillion, and equity grew by 9%, totaling IDR 40.7 trillion.

Maintaining a solid credit profile, OCBC's Non-Performing Loan (NPL) ratio remained stable at 1.6%, while its Loan at Risk (LaR) ratio improved by 0.4 percentage points from the previous year, reflecting sound risk management.

Continued Focus on Digital Banking and Customer Engagement

In line with its ongoing digital transformation, OCBC continued to innovate its services to enhance the customer experience. Digital transactions via e-channels grew by 58% year-over-year in 2024, with active users of OCBC's individual internet banking and mobile banking platforms increasing by 20% each. For corporate customers, the number of active users of OCBC Business Mobile grew by 30%.

The bank also introduced new features in its OCBC Mobile app, including the Financial Fitness Check-Up Lite, which allows customers to evaluate their financial health directly on their mobile devices. Customers can also now buy and sell foreign currencies easily through the app during business hours.

OCBC also expanded its Premium Guest Houses (PGHs), opening three new locations in Bandung, Jakarta, and Semarang. These PGHs, which now total 26 across Indonesia, offer a personalized banking experience focused on financial education and tailored advisory services.

OCBC's Sustainability Efforts and Positive Social Impact

OCBC's commitment to sustainability continues to grow, with sustainable financing increasing by 17% year-over-year in 2024, reaching IDR 5.5 trillion. Approximately 42% of the bank’s financing is now directed toward green and sustainability-linked projects.

As part of its environmental conservation efforts, OCBC, in collaboration with the OCBC Group, has planted over 21,000 mangrove seedlings. This initiative, which aims to absorb carbon emissions, is set to expand further, with plans to plant an additional 10,000 seedlings by the end of 2025.

The bank has also supported local communities through several CSR initiatives, such as the Ruang Kreasi program, which helps empower MSMEs. OCBC’s collaboration with XL Axiata on the Finansister program provides business loans and financial literacy training to women-led businesses in Indonesia.