Top! Bank Raya's Digital Lending Grows 29% in Q1 2026

Jakarta, CNBC Indonesia - PT Bank Raya Indonesia Tbk (AGRO) achieved sustainable business growth through increasingly solid performance in the first quarter of 2026. This growth was supported by digital lending disbursements, digital deposit mobilisation, and the strengthening of financial fundamentals.

In the first quarter of 2026, Bank Raya recorded a net profit of Rp6.79 billion, bolstered by interest income growth reaching Rp308.35 billion, or an increase of 7.5% year-on-year (yoy), with lending interest income rising to Rp226.29 billion, or growing 11.0% yoy.

On the digital business side, digital lending disbursements were recorded at Rp8.14 trillion, or growing 29.0% yoy. In line with the increase in digital lending disbursements, Bank Raya’s outstanding digital loans also rose to Rp3.14 trillion, or growing 33.1% yoy.

Bank Raya’s President Director, Ida Bagus Ketut Subagia, stated that this reflects the consistency of Bank Raya’s digital business growth in line with its transformation. Particularly in developing the digital ecosystem and improving service quality to customers.

“The performance growth at the beginning of 2026 reflects our consistency in implementing a measured digital transformation strategy and strengthening sustainable digital business. This is reflected in the digital lending growth reaching Rp3.14 trillion or increasing by 33.1% yoy in the first quarter of 2026,” he said, quoted on Thursday (23/4/2026).

Bank Raya’s champion product, Pinang Dana Talangan, continues to demonstrate excellent performance. Over the first three months of 2026, Bank Raya has disbursed Pinang Dana Talangan amounting to Rp7.25 trillion, growing 33.4% yoy, or recording outstanding of Rp1.15 trillion, growing 63.0% yoy, disbursed to around 52,000 BRILink Agents and Pawn Agents.

On the funding side, Bank Raya’s Third-Party Funds (DPK) continued to grow to Rp8.44 trillion, driven by the growth of low-cost funds, namely current accounts and savings products reaching Rp3 trillion, or growing 30.2% yoy. The growth of low-cost funds was successfully driven by Digital Saving, which grew significantly by 63.9% yoy or reaching Rp2.30 trillion.

This growth reflects the increasing adoption of Bank Raya’s digital services by the public, in line with the company’s efforts to strengthen digital financial literacy and inclusion.

Bagus added that Bank Raya continues to maintain growth momentum at the beginning of 2026 through strengthening digital innovation and developing products oriented towards market and customer needs.

“We are committed to providing increasingly inclusive, easily accessible, and relevant digital banking services to the needs of the community, while strengthening ecosystem synergies to open new growth opportunities in various segments,” he said.

“In line with our vision as a leading digital bank that provides digital financial solutions with the widest access for Indonesian society, Bank Raya will continue to expand the reach of services, improve customer experience quality, and introduce innovations that can meet financial needs quickly, safely, and sustainably across all levels of society,” Bagus added.

Bank Raya’s performance achievements are in line with ongoing improvements in profitability ratios. The Net Interest Margin (NIM) ratio was recorded to increase by 91 basis points to 5.78%, in line with the optimisation of productive assets and more efficient funding cost management.

In the first quarter of 2026, Bank Raya’s liquidity condition remains well-maintained, as seen from the Loan to Deposit Ratio (LDR) of 81.64%, the Liquidity Coverage Ratio (LCR) of 442.55%, and the Net Stable Funding Ratio (NSFR) of 164.71%, all above the minimum requirement of 100%. With a capital adequacy ratio (CAR) still strongly maintained at 41.8% in March 2026, Bank Raya remains optimistic about maintaining long-term digital business growth momentum.

To accelerate digital financial inclusion and encourage transaction activities in the Raya Application, Bank Raya introduces innovations in digital saving services through the “Raya Poin” appreciation programme. This programme provides rewards to customers who increase balances and actively transact via the Raya Application during the programme period until 31 January 2027.

Points collected can be exchanged for various attractive prizes, such as raffle coupons, vouchers, and various other forms of rewards.

In addition, Bank Raya is also strengthening the digital transaction ecosystem through the optimisation of the QRIS Tampil Bank Raya feature, which makes it easier for customers, especially business actors, to receive payments quickly, practically, and integrated. Through these various innovations, Bank Raya continues to drive improvements in digital financial literacy and inclusion in society by providing a more convenient, engaging, and value-added transaction experience.

“We continue to strengthen digital capabilities through the development of relevant products, improvement in service quality, and optimisation of the digital ecosystem to provide more inclusive and sustainable financial solutions,” Bagus concluded.