Bank Woori Saudara Targets CASA Strengthening and Cost of Funds Efficiency
PT Bank Woori Saudara Indonesia 1906 Tbk (BWS) has reaffirmed its 2026 business strategy focus on strengthening the company’s fundamentals to face the dynamic challenges of the banking industry. Under its new management team, the Company is committed to maintaining a balance between business growth, asset quality, liquidity, and capital.
BWS management stated that the business transformation will be carried out in a more directed and prudent manner. The main strategy is directed towards strengthening the core business through selective and high-quality credit distribution, while maintaining the principle of prudence in segments with solid prospects.
As of March 2026, BWS recorded credit distribution of Rp40.87 trillion. Of this amount, approximately 42.28% consists of credit allocated to the corporate segment. The Company continues to strive to maintain asset quality through improved monitoring and the strengthening of credit analysis processes.
In addition to focusing on credit, BWS is prioritising the strengthening of its funding structure by increasing low-cost funds, or Current Account Saving Account (CASA). As of March 2026, BWS’s current account holdings reached Rp3.61 trillion and savings reached Rp4.16 trillion. This step is taken to support funding cost efficiency amidst intense competition in third-party fund collection.
Analyst Sarkia Adelia assessed that BWS’s move to prioritise asset quality and liquidity is appropriate given the currently unstable economic conditions. “Banks that are able to maintain asset quality, strengthen CASA, and remain disciplined in liquidity management will be in a better position to grow sustainably,” said Sarkia.
BWS is also accelerating the development of digital banking services to expand customer access and increase fee-based income. This digitalisation is expected to act as a catalyst in building a more active transaction ecosystem to strengthen low-cost fund acquisition.
BWS’s competitive advantage is also supported by Woori Bank Korea as the controlling shareholder. This support covers aspects of capital, liquidity, and knowledge transfer. It was noted that last year, Woori Bank Korea provided a liquidity injection of US$500 million, complementing the additional Rupiah capital of Rp3.1 trillion obtained through the fourth rights issue (PMHMETD IV) in 2023.