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Bank Neo Commerce Joins BEI's Economic 30 Elite Index

| Source: VIVA Translated from Indonesian | Finance
Bank Neo Commerce Joins BEI's Economic 30 Elite Index
Image: VIVA

Bank Neo Commerce Enters BEI Economic 30 Elite List

Bank Neo Commerce Jakarta, VIVA - PT Bank Neo Commerce Tbk welcomed positively the determination of the company’s shares with ticker BBYB as one of the new members of the Economic 30 Index published by the Indonesia Stock Exchange (BEI), effective Monday, 2 March 2026.

BBYB becomes one of five new stocks included in the latest composition of the index, and the sole bank stock with a digital banking service among the Economic 30’s 30 selected stocks.

BBYB’s inclusion in this index reflects market recognition of the company’s strengthening fundamentals, consistently improving performance, and ongoing digital transformation that continues to bear positive results. As is known, a key criterion in index review is the strength of fundamentals and the issuer’s performance.

President Director of Bank Neo Commerce Eri Budiono said that this achievement is a form of public and stakeholder confidence in the direction of the company’s transformation and performance.

“BBYB’s inclusion in the Economic 30 Index is recognition of the hard work of all company staff or Neobankers in strengthening the fundamentals, enhancing asset quality, and building a bank business model with sustainable digital services,” he said, on Friday, 6 March 2026.

Throughout 2025, Bank Neo Commerce showed a solid and increasingly mature performance trend. By November 2025, the company booked a net profit of Rp538.43 billion, up significantly from Rp11.20 billion in the same period last year.

Total assets were Rp18.98 trillion with a year-on-year growth of 7.63 percent, while core capital rose 20.04 percent YoY to Rp4 trillion as of November 2025.

These achievements are supported by sustained operational efficiency, disciplined risk management, and a more selective and prudent credit disbursement strategy to maintain asset quality. The company’s digital transformation also demonstrates resilience and strong relevance.

One standout product, Neo Pinjam, recorded annual growth of 139 percent, reflecting market acceptance of the innovative and customer-responsive digital-based banking service. This achievement serves as a key foundation strengthening BBYB’s position in the eyes of investors and market analysts.

Some analysts from reputable securities houses consider the Economic 30 Index could serve as an alternative benchmark for investors, although at present it is more properly viewed as a complement rather than a substitute for the main Indonesian stock market benchmark.

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