Maybank Indonesia Reports Rp1.66 Trillion Profit in 2025, a 48.5 Percent Increase
Jakarta (ANTARA) - PT Bank Maybank Indonesia Tbk recorded a net profit attributable to shareholders of Rp1.66 trillion throughout 2025, or an increase of 48.5 percent, supported by declining provision costs and better cost management.
Profit before tax (PBT) for the same period was recorded at Rp2.22 trillion, an increase of 38.9 percent compared to the previous year.
President Director of Maybank Indonesia, Steffano Ridwan, in a statement in Jakarta on Thursday, said that 2025 was a momentum for Maybank Indonesia to strengthen profitability and the bank’s fundamentals, in line with the implementation of priority strategies amid market conditions full of uncertainty.
Maybank Indonesia’s net interest income (NII) increased by 1.6 percent year-on-year (yoy), supported by the implementation of disciplined risk-based pricing and a shift in the composition of funding to more efficient funding. Meanwhile, the net interest margin (NIM) was recorded at 4.3 percent in 2025.
Non-interest income (NOII) also grew by 8.1 percent, mainly supported by improved Global Markets income to Rp441 billion, as well as income contributed from asset recovery and wealth management.
As a result, Maybank Indonesia recorded a gross operating income (GOI) of Rp9.55 trillion, or an increase of 3.1 percent yoy.
Overhead costs were controlled with an increase of only 2.4 percent compared to 8.5 percent in the previous year. This was achieved through ongoing efforts to optimize the bank’s operational costs. The operational efficiency ratio (BOPO) was recorded at 86.3 percent.
Profit before provisions (PPOP) grew by 4.8 percent yoy to Rp3.10 trillion. Provision expenses decreased by 28.7 percent compared to the previous year, in line with prudent credit management and lower impairment charges in 2025.
From the intermediation side, in December 2025, Maybank Indonesia’s total credit disbursed was recorded at Rp123.64 trillion, down 3.1 percent yoy, in line with the rebalancing of the Global Banking (GB) corporate credit portfolio, which recorded a decrease of 18.4 percent yoy.
However, GB’s Large Local Corporates (GB-LLC) segment recorded a growth of 13.1 percent on a quarterly basis. According to the company, the growth momentum of the GB-LLC segment will continue to be a focus going forward.
The company’s total assets were also recorded at Rp193.72 trillion, down 1.8 percent yoy, in line with the decline in credit balances.
From the funding side, the company recorded growth in current account and savings account (CASA) by 6.3 percent yoy. The CASA ratio increased to 57.6 percent in December 2025 from 52.9 percent in December 2024. As of December 2025, total customer deposits were recorded at Rp116.19 trillion, down 2.4 percent yoy.
The quality of Maybank Indonesia’s assets continues to improve with a non-performing loan (NPL) ratio of 2.2 percent (gross) and 1.3 percent (net) in 2025, improving from 2.7 percent (gross) and 1.4 percent (net) in 2024. The NPL balance decreased by 19.5 percent in 2025.
The bank’s capital remains strong with a capital adequacy ratio (CAR) of 27.3 percent and a common equity tier 1 (CET1) ratio of 26.1 percent.
Maybank Indonesia’s liquidity also remains at a healthy level, with a bank-only loan to deposit ratio (LDR) of 90.3 percent.
The bank-only liquidity coverage ratio (LCR) was recorded at 175.8 percent, well above the minimum requirement of 100 percent. Meanwhile, the bank-only net stable funding ratio (NSFR) was at 112.4 percent.