Laporan Tahunan 2013 Annual Report Drive to Innovate · KILAS BALIK KINERJA BANK 2013 ......

Laporan Tahunan 2013 Annual Report

Drive to Innovate

KILAS BALIK KINERJA BANK 2013FLASHBACK BANK PERFORMANCE OF 2013

ANALISIS DAN PEMBAHASAN MANAJEMENMANAGEMENT DISCUSSION AND ANALYSIS

TATA KELOLA PERUSAHAANGOOD CORPORATE GOVERNANCE

LAPORAN KEUANGAN KONSOLIDASI DAN INFORMASI TAMBAHANCONSOLIDATED FINANCIAL STATEMENT AND SUPPLEMENTARY INFORMATION

PENGUNGKAPAN PERMODALAN SERTA PENGUNGKAPAN EKSPOSUR RISIKO DAN PENERAPAN MANAJEMEN RISIKO BANKDISCLOSURES OF THE BANK’S CAPITAL, RISK EXPOSURE AND RISK MANAGEMENT IMPLEMENTATION

LAPORAN KEUANGAN KONSOLIDASI PERUSAHAAN INDUKPARENT COMPANY CONSOLIDATED FINANCIAL STATEMENT

LAPORAN DEWAN KOMISARIS DAN DIREKSIREPORT OF BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS

PROFIL PERUSAHAANCOMPANY PROFILE

4 Ikhtisar Keuangan Financial Highlights

56 Tinjauan Ekonomi Makro Indonesia Tahun 2013

Overview of Indonesia’s Macro Economic Condition In 2013

57 Tinjauan Usaha Bank Bank Business Overview

76 Tata Kelola Perusahaan Good Corporate Governance78 Struktur Tata Kelola Perusahaan

Structure of Good Corporate Governance82 Komite-Komite Committees85 Sistem Kepatuhan

Compliance System

8 Laporan Dewan Komisaris Report of Board of Commissioners

24 Sekilas Perusahaan Company at a Glance28 Arti Nama “Resona Perdania” The Meaning of Name “Resona Perdania”29 Bidang Usaha Line of Business30 Jejak Langkah Milestones32 Peristiwa Penting Tahun 2013 Important Events In 201334 Struktur Organisasi Organization Structure36 Visi, Misi, dan Nilai-nilai Perusahaan Vision, Mission, and Corporate Values38 Profil Dewan Komisaris Profile of Board of Commissioners

14 Laporan Direksi Report of Board of Directors

40 Profil Direksi Profile of Board of Directors44 Pejabat Eksekutif Posisi 31 Desember 2013

Executive Officers as of December 31, 201345 Komposisi Pemegang Saham dan

Perusahaan Anak Composition of Shareholders and Subsidiary46 Informasi dan Komposisi Saham

Perusahaan Anak, Perusahaan Asosiasi dan Perusahaan Afiliasi Information and Share Composition

of Subsidiary, Associate and Affiliate Companies

48 Penghargaan dan Pencapaian Awards and Achievements

49 Profil Grup Resona Profile of Resona Group50 Struktur Grup Resona Structure of Resona Group50 Ikhtisar Keuangan Non Konsolidasi Resona Bank, Ltd., Jepang Non-Consolidated Financial Highlight of Resona

Bank, Ltd., Japan51 Perusahaan Anak Subsidiary53 Kantor Cabang dan Kantor Cabang Pembantu Branch Office and Sub Branch Office

58 Tinjauan Operasional Bank Bank Operational Overview

62 Uraian Kinerja Keuangan Bank Description of the Bank’s Financial Performance

69 Rencana Strategis 2014 Strategic Plan 201472 Prospek Usaha Business Outlook

86 Audit Internal Internal Audit

89 Manajemen Risiko Risk Management

98 Penanganan Kredit Bermasalah The Handling of Non-Performing Loan

99 Teknologi & Informasi Information & Technology

100 Sumber Daya Manusia Human Resources

103 Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility

105 Program Edukasi Perbankan Tahun 2013 Banking Education Program In 2013

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Daftar Isi Table of Contents

12013 Annual Report • PT Bank Resona Perdania

LAPORAN DEWAN KOMISARIS DAN DIREKSIREPORT OF BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS

14 Laporan Direksi Report of Board of Directors

Drive to InnovatePada tahun 2013, PT Bank Resona Perdania telah mengabdi selama 55 tahun di industri perbankan Indonesia dengan memberikan produk dan layanan keuangan terbaik kepada nasabah tercinta kami.

Pada tahun 2013 ini, berbagai pencapaian telah diraih oleh PT Bank Resona Perdania dan tentunya pencapaian tersebut tidak selalu semudah atau semulus yang diharapkan. Terdapat hambatan dan tantangan yang dihadapi oleh Bank baik dari dalam maupun luar.

Hal itu menjadi suatu faktor pendorong bagi kami untuk melakukan sebuah perbaikan (”Drive to Innovate”) khususnya dalam penerapan tata kelola perusahaan yang baik sehingga PT Bank Resona Perdania dapat terus meningkatkan kinerja Bank secara keseluruhan dan pada saat yang sama dapat mencapai visi Bank untuk menjadi Bank yang paling dapat diandalkan di Indonesia untuk perusahaan-perusahaan Jepang dan lokal dengan menyediakan kualitas layanan keuangan terbaik.

By 2013, PT Bank Resona Perdania (the “Bank”) already served 55 years in Indonesia banking industry, having provided the best quality financial product and service to our valued customer.

In the year 2013, various achievement has been attained by PT Bank Resona Perdania, and this achievement was not always easy or smooth as expected. There were obstacles and challenges faced by our Bank both from internally and externally.

It became a driving force for us to make an improvement (”Drive to Innovate”) especially in the implementation of Good Corporate Governance, so that PT Bank Resona Perdania can continue to improve Bank’s performance comprehensively, at the same time achieve Bank’s vision to be the most reliable Bank in Indonesia for Japanese and local companies by providing the best quality financial services.

Kilas Balik Kinerja Bank 2013Flashback Bank Performance of 2013

PT Bank Resona Perdania • Laporan Tahunan 20134

Balance Sheet 2013 2012 2011

Cash and Current Account with Bank Indonesia 899,757 690,746 650,199 Current Account with Other Banks - Net 858,995 573,800 781,100 Loan - Net 9,636,098 8,154,198 6,927,171 Total Asset 14,118,461 11,970,849 10,316,957 Deposits 6,780,424 5,433,416 4,927,910 Borrowings 3,835,012 2,654,946 2,829,069 Total Liabilities 11,756,697 10,056,033 8,616,314 Equity 2,361,765 1,914,817 1,700,642

Profit Loss

Interest Revenues - Net 452,786 406,947 377,915 Income from Operations 332,670 367,542 335,541 Income Before Tax Expense 602,180 370,126 337,923 Net Income 516,973 277,160 251,912 Basic Earnings Per Share (full amount) 181,394 97,249 88,390

Financial Ratios2013(%)

2012(%)

2011(%)

CAPITALCapital Adequacy Ratio (CAR) 17.96 17.01 17.62

PROFITABILITYReturn on Assets (ROA) 4.88 3.40 3.57 Return on Equity (ROE) 27.11 18.39 18.43 Net Interest Margin (NIM) 3.91 3.90 3.92 Operating Expense to Operating Income 72.19 59.79 61.11

LIQUIDITYLoan to Deposit Ratio (LDR) 142.24 151.60 144.14

EARNING ASSETSNon Performing Loan - Gross 1.22 1.74 2.24 Non Performing Loan - Net 0.54 0.86 0.63 Non Performing Earning Asset and Non Performing Non Earning Asset to Total Earning Asset and Non Earning Asset 0.73 1.12 1.57 Impairment of Financial Asset to Total Earning Asset 0.58 1.02 1.28 Non Performing Earning Asset to Total Earning Asset 0.92 1.47 1.68

COMPLIANCENet Open Position 3.63 0.81 1.25 Rupiah Minimum Reserves Requirements 8.69 8.37 8.20 Foreign Exchange Reserves Requirements 8.27 8.83 8.26 Legal Lending Limit Violation Percentagea. Related Party - - -

b. Non Related Party - 12.10*) -

Legal Lending Limit Exceeding Percentage

a. Related Party - - -

b. Non Related Party - - -

Consolidated (In million Rupiah)

Non-Consolidated

Ikhtisar KeuanganFinancial Highlights

*) Berdasarkan surat dari Bank Indonesia No. 15/2/DPB2/PB2-7/Rahasia tanggal 18 Oktober 2013, kami sajikan kembali untuk Rasio pelanggaran BMPK untuk pihak tidak terkait posisi Desember 2012 dari sebelumnya 0% menjadi 12,10% yang disebabkan oleh ketergantungan keuangan Debitur dari debitur lain yang terjadi pasca penarikan, pelanggaran tersebut telah diselesaikan pada bulan Maret 2013.

*) Based on Bank Indonesia letter No. 15/2/DPB2/PB2-7/Rahasia dated October 18, 2013, we represented for Ratio of Legal Lending Limit violation for non related parties as of December 2012 from formerly 0% become 12.10% that caused by independency of Debtor financing from other debtor that occurred on withdrawal term. The violation already completely handled in March 2013.


PERINGKAT Rating

PT PEFINDO Medium Term Rating Outlook

MTN IV id. AA- Stable

MTN V id. AA- Stable

Corporate Rating id. AA- Stable

Non-Consolidated

ConsolidatedLoan Portfolio

Manufacturing 46.74%

Wholesales Trading 20.49%

Business Service 11.49%

Finance and Insurance 9.62%

Construction 7.32%

Others 4.34%

Deposit Portfolio

Current Account 51.18%

Deposit 48.82%

Income Contribution

Interest Income - Net 78.75%

FX Income - Net 17.46%

Fee and Comm. - Net 3.79%

In Million Rupiah In Million Rupiah In Million Rupiah

Loan - Net

6.927.171

8.154.198

9.636.098

2011 2012 2013

Equity

2011 2012 2013

1,700,642

1,914,817

2,361,765

2011 2012 2013

251,912

277,160

516,973

Net Income

ROA

2011

5.00

4.00

3.00

2.00

30.00

25.00

20.00

15.00

18.00

17.50

17.00

16.50

1.00

0.50

0.25

0.00

2012 2013

ROE

2011 2011

18.43

18.39

27.11

2012 20122013 2013

CAR

17.62

17.01

17.96

NPL-Net

2011

0.63

0.86

0.54

2012 2013

3.57 3.40

4.88

Laporan Dewan Komisaris dan DireksiReport of Board of Commissioners and Board of Directors


DIDI NuRuLHuDAPresiden Komisaris IndependenIndependent President Commissioner

Laporan Dewan KomisarisReport of Board of Commissioners


Tata kelola perusahaan merupakan perangkat kebijakan dan praktik yang berlaku dalam sebuah perusahaan untuk memastikan adanya transparansi, akuntabilitas, tanggungjawab, independensi dan kewajaran dalam berinteraksi dengan pemangku kepentingan.

Corporate governance is an applicable policy and practical instrument in a company that ensures there is transparency, accountability, responsibility, independency, and fairness in the interaction with stakeholders.

Kami selaku Dewan Komisaris PT Bank Resona

Perdania dengan bangga menyampaikan laporan

tahunan 2013 PT Bank Resona Perdania (Bank) yang

tergolong istimewa, di tengah berbagai kondisi global

yang kami alami bersama di tahun 2013. Berbagai

peluang sepanjang tahun 2013 berhasil kami raih

dan berimplikasi positif pada peningkatan kinerja

Bank. Berkat dukungan dari semua pihak, dapat kami

sampaikan bahwa pelaksanaan seluruh tugas dan

tanggung jawab kami selaku Dewan Komisaris telah

berjalan dengan baik selama tahun 2013.

Penilaian Atas Kinerja Direksi

Bank telah mencapai berbagai kinerja utama

sepanjang tahun 2013, berbagai pencapaian tersebut

tidak serta merta membuat kami lekas mengalami

kepuasan, hal tersebut semakin memacu kami

untuk senantiasa meningkatkan kualitas pelayanan

dan pengelolaan serta membangun kepercayaan

kepada para nasabah demi hasil dan kinerja yang

membanggakan.

On behalf of Board of Commissioners of PT Bank Resona

Perdania (the Bank), we are proud to present the 2013

annual report of PT Bank Resona Perdania despite

various global condition in 2013. We have succeeded

in gaining numerous opportunities in 2013, which in

return have brought positive implication to the Bank’s

performance refinement. We proudly state that our

implementation of duties and responsibilities as Board

of Commissioners in 2013, which was supported from all

parties, was very respectable.

Assessment of Board of Directors PerformanceWhile the Bank has achieved several major

performances in 2013, we are yet to be satisfied and

endeavor to improve our service and management, as

well as to build customers’ trust for better results and

performance.

Dear Shareholders and Stakeholders


Pertumbuhan aset Bank secara konsolidasi di tahun 2013

berhasil meraih peningkatan sebesar 17,94% menjadi Rp

14,1 triliun, dari Rp 11,9 triliun pada tahun 2012. Dari sisi

profitabilitas, laba bersih Bank mengalami peningkatan

86,53% hingga menjadi Rp 516,9 miliar di tahun 2013 dari Rp

277,2 miliar di tahun 2012. Peningkatan laba bersih Bank ini

dikarenakan pada tahun 2013 Bank memperoleh keuntungan

atas penjualan aset Bank yaitu gedung kantor pusat Bank yang

sebelumnya berlokasi di Jl. Jend. Sudirman sebesar Rp 266,7

miliar.

Ditengah kondisi pencapaian Bank yang penuh dengan

dinamika, Bank juga berhasil mencatat rasio-rasio keuangan

Bank sebagai berikut: CAR mencapai 17,96% meningkat

0,95 poin dari tahun 2012 yang tercatat sebesar 17,01%, NPL

Gross mencapai 1,23% di tahun 2013 mengalami perbaikan

dibandingkan dengan tahun 2012 yang mencapai 1,76% dan

Bank masih dapat mempertahankan NPL Gross dibawah 2%.

Implementasi Tata KelolaTata kelola perusahaan merupakan perangkat kebijakan

dan praktik yang berlaku dalam sebuah perusahaan untuk

memastikan adanya transparansi, akuntabilitas, tanggung

jawab, independensi dan kewajaran dalam berinteraksi dengan

pemangku kepentingan. Kebijakan tata kelola perusahaan di PT

Bank Resona Perdania memberikan kerangka kerja yang kuat

dan memungkinkan Dewan Komisaris maupun Direksi untuk

secara efektif mengawasi dan mengevaluasi operasional bisnis

Bank, serta untuk memastikan keselarasan dengan tujuan-

tujuan strategis yang ditetapkan, termasuk dalam menjalankan

tanggung jawab sosial Bank.

Selama tahun 2013, Bank telah melakukan perbaikan guna

meningkatkan nilai tata kelola perusahaan yang baik (Good

Corporate Governance/ GCG), dimulai dengan membentuk

Tim GCG yang dipimpin oleh Direktur Manajemen Risiko yang

anggotanya terdiri dari Kepala Divisi Kepatuhan, Divisi Audit

(SKAI) dan Divisi Manajemen Risiko. Tim tersebut telah mereview

secara komprehensif penerapan GCG di Bank, meliputi unsur-

The consolidated Bank’s asset growth increased by 17.94% from

Rp 11.9 trillion in 2012 to Rp 14.1 trillion in 2013. From earning

side, net profit increased by 86.53% from Rp 277.2 billion in 2012

to Rp 516.9 billion in 2013 due to the profit gained from the sale

of the Bank’s asset that is the head office building on Jl. Jend.

Sudirman amounted to Rp 266.7 billion.

The Bank also succeeds in recording financial ratio amidst the

dynamic achievement condition as follows: CAR increased by

0.95 points from 17.01% in 2012 to 17,96% in 2013; NPL gross in

2013 was improved, reaching 1.23% compared to 2012 which

was 1.76%. However, Bank was capable to maintain its Gross NPL

below 2%.

Governance Implementation Corporate governance is an applicable policy and practical

instrument in a company that ensures there is transparency,

accountability, responsibility, independency, and fairness in the

interaction with stakeholders. The corporate governance policy in

PT Bank Resona Perdania serves as solid framework that enables

both the Board of Commissioners and Board of Directors to

effectively monitor and evaluate business operational, as well as

to ensure its conformity with both strategic purposes, including in

implementation of corporate social responsibility.

In 2013, the Bank has refine its system to improve GCG values

by forming GCG Team led by Director of Risk Management and

a membership comprising of Compliance Division, Inspection

Division (SKAI), and Risk Management Division. The Team

has enacted a comprehensive review of GCG implementation,

including the elements of GCG Structure, GCG Process, and GCG

Outcome. The results are composed in the form of action plan


unsur GCG Structure, GCG Process dan GCG Outcome. Hasil review

yang telah dilakukan sepanjang tahun 2013 disusun dengan

membuat action plan dan menindaklanjutinya yang hasilnya

disampaikan kepada otoritas pengawas dalam hal ini adalah

Otoritas Jasa Keuangan. Jika hal tersebut terus dilaksanakan

maka akan dapat meningkatkan dan mempertahankan

penilaian GCG dan tingkat kesehatan Bank minimal 2 (dua)

atau baik.

Pandangan dan Prospek Ke DepanBank telah menyesuaikan visi, misi dan rencana strategis

yang lebih jelas untuk dijadikan acuan dalam menyusun

rencana bisnis Bank jangka panjang, menengah dan pendek.

Penyesuaian visi, misi dan rencana strategis tersebut

merupakan bagian yang tidak terpisahkan dari action plan

yang dilaksanakan selama tahun 2013.

Berbagai perbaikan strategi dan kebijakan yang telah kami

susun selama tahun 2013, termasuk di dalamnya action

plan untuk tahun 2013 dan pencapaian kinerja pada tahun

2013, diharapkan dapat memberikan landasan yang kuat

dalam mendukung perkembangan Bank yang lebih sehat

dan berkembang, khususnya dalam pencapaian total aset

yang ditargetkan mencapai Rp 20 triliun di akhir tahun 2017

mendatang.

Hal-hal tersebut diatas, telah membuat kami lebih yakin bahwa

Bank akan tetap survive dalam menghadapi masa depan. Dewan

Komisaris optimis Bank mampu mencapai visi menjadi Bank

yang paling dapat diandalkan di Indonesia untuk perusahaan-

perusahaan Jepang dan lokal dengan menyediakan kualitas

layanan keuangan terbaik.

Perubahan Komposisi Dewan Komisaris dan DireksiDalam tahun 2013, Bank telah mengajukan perubahan

komposisi anggota Dewan Komisaris dan Direksi ke Bank

Indonesia pada bulan Oktober 2013, dan fit & proper test telah

dilakukan oleh Otoritas Jasa Keuangan.

and follow up, which the result is submitted to the supervising

authority, namely Indonesia Financial Service Authority. If the

above matter is implemented continuously, it can improve and

maintain GCG assessment and soundness Bank rating minimal 2

(two) or good.

Future View and Prospect The Bank has revised its vision, mission, and strategic plans to be

more clearly as guidelines for composing long term, midterm, and

short-term Bank’s business plan. The revision is an integral part

from the action plans that implemented in 2013.

Various improvements of our strategies and policy that we have

arranged in 2013, including the action plan and the performance

achievement in 2013, expected can become a strong foundation

in supporting the development of a healthier Bank, particularly to

achieve the total asset that determined at Rp 20 trillion in the end

of 2017.

Based on the above matters, we truly believe that we can still

survive for the future. The Board of Commissioners remains

optimistic in the Bank’s ability to reach Bank’s vision to become the

most reliable Bank in Indonesia for Japanese and local companies

by providing the best quality financial services.

The Composision Changes of the Board of Commissioners and the Board of DirectorsIn 2013, the Bank has proposed the changes of the composition

of the Board of Commissioners and the Board of Directors to Bank

Indonesia in October 2013, and fit & proper test has been done by

Indonesia Financial Service Authority.


Perubahan atas komposisi Dewan Komisaris dan Direksi

tersebut juga merupakan bagian dari rencana strategis

pengembangan Bank. Dengan perubahan komposisi anggota

Dewan Komisaris dan Direksi tersebut, tentunya akan

memberikan perubahan terhadap komposisi pengetahuan

dan pengalaman diantara anggota Dewan Komisaris dan

Direksi, kami sangat mengharapkan akan lahirnya sinergi yang

lebih baik lagi.

Apresiasi kepada Seluruh Pemangku Kepentingan Mewakili Dewan Komisaris, saya menyampaikan terima kasih

atas dukungan dan kepercayaan yang diberikan oleh para

Pemegang Saham dan pemangku kepentingan kepada PT

Bank Resona Perdania. Apresiasi juga saya sampaikan kepada

Direksi atas kepemimpinan dengan wawasan yang luas, serta

kepada manajemen dan seluruh pegawai yang telah bekerja

dengan penuh kesungguhan. Dewan Komisaris yakin kinerja

baik yang tercapai pada 2013 akan mewujudkan visi dan

misi PT Bank Resona Perdania serta memberikan kontribusi

yang berarti bagi pengembangan masyarakat dan perbankan

tanah air. Semoga Tuhan Yang Maha Pengasih dan Penyayang

senantiasa memberikan Karunia-Nya kepada kita semua.

The changes of the composition of the Board of Commissioners

and the Board of Directors is also as a part of Bank’s strategic

development plan. With the change in the composition of

the Board of Commissioners and the Board of Directors will

obviously provide a changes in the composition of knowledge and

experience among members of the Board of Commissioners and

the Board of Directors, we are looking forward to the new better

synergy.

Appreciation to all Stakeholders

On behalf of the Board of Commissioners, I send my gratitude for

the support and trust given by the Shareholders and stakeholders

to PT Bank Resona Perdania. I also convey appreciation to the

Board of Directors for their leadership with extensive knowledge,

as well as to the management and all employees who have worked

with full sincerity. Board of Commissioners believes that a good

performance achieved in 2013 will realize the vision and mission

of PT Bank Resona Perdania as well as contribute significantly to

the development of the community and banking in the country.

Finally, it May Almighty and Merciful God always gives His blessing

to all of us.

Hormat Saya / Sincerely,

Didi NurulhudaPresiden Komisaris Independen

Independent President Commissioner


1. Didi Nurulhuda Presiden Komisaris Independen Independent President Commissioner

2. Abdul Haris Hartanto Komisaris Independen Independent Commissioner

3. Cheng Shui-Hee, Gary Komisaris Non-Independen Non-Independent Commissioner

4. Atsushi Tahara Komisaris Non-Independen Non-Independent Commissioner

12 34


AKIHIRO MIyAMOTOPresiden DirekturPresident Director

Laporan DireksiReport of Board of Directors


Kami sangat percaya dan yakin bahwa pertumbuhan yang berkelanjutan harus didasari oleh landasan permodalan yang kuat.

We put our faith on sustainable growth based on solid capital foundation.

Tahun 2013 menjadi pembuktian bagi PT Bank Resona Perdania (Bank) dalam mengabdikan diri sebagai Bank yang selama lebih dari 55 tahun mampu mendukung perusahaan-perusahaan Jepang dan tanah air. Sejalan dengan Visi dan Misi yang Bank miliki, membuat kami mampu menyongsong tahun 2013 dengan langkah pasti dan keyakinan yang kuat.

Pemulihan ekonomi global masih terus dilakukan sepanjang tahun 2013 pasca terjadinya penurunan yang signifikan sehingga memberikan dampak secara langsung terhadap perekonomian tanah air. Pertumbuhan yang lambat sepanjang tahun ini hanya mampu mencatatkan total pertumbuhan perekonomian Indonesia sebesar 5,7% relatif menurun terhadap tahun sebelumnya yaitu sebesar 6,3%. Pertumbuhan ekonomi Indonesia diharapkan kian membaik dengan pencapaian inflasi sebesar 8,38% serta kondisi politik tanah air yang kondusif dapat mendorong pertumbuhan yang berkesinambungan di tahun mendatang.

Atas nama segenap jajaran Direksi, perkenankan saya melaporkan atas pencapaian hasil kinerja Bank sepanjang tahun 2013 yang penuh dengan dinamika dan stabil dalam pencapaiannya.

In 2013, PT Bank Resona Perdania (the Bank) succeeded in demonstrating its ability as the Bank that has help support companies, both Japanese and Local, for the last 55 years in Indonesia. In line with our Corporate Vision and Mission, we were confident of welcoming the year 2013 in good faith.

Sustainable economic recovery on global scale was continuously being observed after the significant decline affecting the country’s economy. The delayed growth caused the country to record total economic growth of only 5.7%, a significant decline compared to the previous year which was 6.3%. Indonesia’s economic growth was expected to be restored with moderating inflation rate amounted to 8.38% and conducive political climate may encourage sustainable growth in the coming years.

On behalf of the Board of Directors, I would like to present the Bank’s dynamic and stable achievement in 2013.

Dear Shareholders


Analisa Kinerja Tahun 2013Meskipun menghadapi tantangan yang cukup berat, kemajuan yang kami capai hingga saat ini sangat membesarkan hati. Apabila dibandingkan dengan tahun sebelumnya, pada tahun ini kami berhasil meningkatkan pendapatan dan pembukuan laba bersih.

Kami gembira Bank meraih kinerja yang baik sepanjang tahun 2013 ini, secara konsolidasi total pendanaan yang berasal dari penghimpunan pihak ketiga yaitu giro, tabungan dan deposito, berhasil kami catat mengalami peningkatan sebesar 24,79% menjadi Rp 6.780.424 juta dari tahun 2012. Sedangkan pendanaan yang berasal dari pinjaman diterima senilai Rp 3.835.012 juta atau lebih tinggi 44,45% dibanding dengan tahun 2012 yakni sebesar Rp 2.654.946 juta. Berkat realisasi pendanaan tersebut, kami telah berhasil membukukan total aset yang dimiliki sebesar Rp 14.118.461 juta atau mengalami peningkatan sebesar 17,94% dari tahun 2012, yang telah dialokasikan ke kredit (bersih) adalah sebesar Rp 9.636.098 juta atau 18,17% signifikan meningkat dari tahun 2012 yang hanya mencapai Rp 8.154.198 juta.

Mengenai pencapaian rentabilitas Bank di tahun 2013 ini, laba sebelum pajak dan laba setelah pajak masing-masing mencapai Rp 602.180 juta dan Rp 516.973 juta atau 62,70% dan 86,53% meningkat dari tahun sebelumnya. Kondisi ini disebabkan oleh pada bulan Januari 2013 Bank telah menjual aset tetap untuk mendukung rencana Bank dalam memperkuat modal inti dan ekspansi Bank. Dengan pencapaian tersebut maka rasio Return On Asset (ROA) dan Return On Equity (ROE) juga mengalami peningkatan.

Dari sisi permodalan, modal yang kami miliki mencapai Rp 1.978.210 juta atau meningkat 22,25% dari tahun 2012 yaitu Rp 1.618.191 juta. ATMR Bank mencapai Rp 11.017.509 juta atau 15,84% juga mengalami peningkatan dari tahun 2012. Karena peningkatan modal yang lebih tinggi dibandingkan peningkatan ATMR menyebabkan rasio CAR Bank juga lebih tinggi dari tahun 2012 yaitu mencapai 17,96% atau lebih tinggi 0,95 poin dari tahun 2012.

Performance Analysis 2013 Despite the enormous challenges, we achieved an outstanding performance. We succeeded in posting increased revenues and net profit compared to the previous year.

We are grateful for the Bank’s excellent performance in 2013. Consolidated total financing from third party, such as giro, savings and deposit, has increased by 24.79% to Rp 6,780,424 million. Funding from borrowings amounted to Rp 3,835,012 million, increased by 44.45% compared to Rp 2,654,946 million in 2012. Thanks to financing realization, we recorded total assets amounted to Rp 14,118,461 million or increased by 17.94% from year 2012 of which allocation of loan (net) to Rp 9,636,098 million from Rp 8,154,198 million, a significant increased of 18.17% from 2012.

On the account of the Bank’s earnings achievement in 2013, profit before tax and profit after tax each reached Rp 602,180 million and Rp 516,973 million respectively or by 62.70% and 86.53% increased from previous year. This is due to the fact that on January 2013 Bank has disposed of the fixed asset to help support Bank’s plan in strengthening Bank’s core capital and its expansion. By this achievement, it resulted in the increased ratio of Return on Asset (ROA) and Return on Equity (ROE).

Our capital reached Rp 1,978,210 million or increased by 22.25% from year 2012 which was Rp 1,618,191 million. The Bank’s Risk Weight Asset (RWA) reached Rp 11,017,509 million or increased by 15.84% from year 2012. Because the increased capital is higher than the increased RWA, has resulted in Bank’s CAR to reach 17.96% or higher by 0.95 point from year 2012.


Kami sangat percaya dan yakin bahwa pertumbuhan yang berkelanjutan harus didasari oleh landasan permodalan yang kuat, oleh karena itu melalui kerangka kerja manajemen risiko kami telah mempersiapkan perangkat perhitungan modal berdasarkan profil risiko Bank yang dikenal dengan Internal Capital Adequacy Assessment Process (ICAAP) sesuai Surat Edaran Bank Indonesia No. 14/37/DPNP tanggal 27 Desember 2012 tentang Kewajiban Penyediaan Modal Minimum.

Kesuksesan dalam pencapaian-pencapaian tersebut merupakan cerminan dari tepatnya strategi yang diterapkan oleh segenap tim manajemen dalam memanfaatkan peluang dan menghadapi tantangan pasar yang tidak hanya membuat kami bangga, namun juga memicu kami untuk terus tumbuh dengan memberikan kualitas pelayanan perbankan yang lebihbaik ditahun-tahun mendatang.

Kebijakan StrategiSepanjang tahun 2013 berjalannya kegiatan Bank di Indonesia,kami senantiasa melakukan serangkaian peningkatan demi memberikan pelayanan yang prima kepada nasabah-nasabah potensial dan memperkuat fungsi internal Bank seperti Sumber Daya Manusia, Kepatuhan dan Manajemen Risiko. Langkah yang telah kami tempuh tersebut termasuk melakukan kerjasama dengan konsultan independen guna membantu memperbaiki kinerja segenap segmen yang mendukung kegiatan usaha Bank.

Kami juga telah sukses menerbitkan MTN V sebesar Rp 150 miliar dengan suku bunga sebesar 10,65%, dengan harapan dapat terus memitigasi risiko likuiditas Bank dalam jangka panjang. Komitmen Bank untuk mempertahankan kualitas kredit dan menyelesaikan debitur bermasalah Bank direalisasikan dengantetap menjaga rasio NPL gross dibawah 2%. Di tahun 2013, rasio NPL gross Bank tercatat sebesar 1,23% atau 0,53 point mengalami perbaikan dari tahun 2012 yaitu 1,76%. Perbaikan ini dikarenakan Bank telah melakukan hapus buku dari salah satu debitur bermasalah Bank.

We put our faith in sustainable growth based on solid capital foundation. Therefore, through risk management framework, we have prepared risk profile-based capital calculation system named Internal Capital Adequacy Assessment Process (ICAAP) pursuant to Bank Indonesia Circular Letter No .14/37/DPNP dated December 27, 2012 on Minimum Capital Adequacy.

The achievement is a reflection of the properly implemented strategy by our management team in utilizing opportunities and facing challenges which will not only increase our confidence, but also encourage us to develop through better service in the future.

Strategic Policy On Bank’s activity in Indonesia, throughout the year 2013, we endeavoured to enhance our performance in order to provide premium financial service for potential customers while strengthening internal functions such as Human Resources, Compliance and Risk Management. Those steps taken were inclusive of the cooperation with independent consultants to improve the performance of all supporting segments.

We also have successfuly issued MTN V amounted to Rp 150 billion with interest rate 10.65%, which was for long-term mitigation on liquidation risks. The Bank commits to maintaining credit quality and solve the non-performing debtors while maintaining NPL gross ratio below 2%. In 2013, the Bank’s NPL gross ratio was recorded at 1.23% or an improvement by 0.53 points from year 2012 at 1.76%. This was due to the write-off of loan for one of non-performing debtors.


Berbagai kebijakan strategis yang telah dijalankan telah mampu meningkatkan kinerja Bank yang dibuktikan dengan peningkatan pencapaian kinerja keuangan dan operasional di tahun 2013. Kesuksesan ini memberikan dampak positif dalam pencapaian nilai Bank, pendapatan yang meningkat, serta pencapaian laba komprehensif yang membanggakan, sehingga mampu menjadikan PT Bank Resona Perdania sebagai Bank yang memberikan solusi yang berkualitas tinggi dan menyeluruh dalam layanan keuangan.

Seluruh pencapaian tersebut tentunya didukung oleh kinerja seluruh Sumber Daya Manusia (SDM) mulai dari manajemen hingga tingkat individu. Visi dan Misi Bank telah diterapkan secara berjenjang dari Dewan Komisaris, Direksi, hingga karyawan tingkat operasional.

Optimisme dan KendalaSemua pencapaian kami hingga saat ini merupakan kerja keras dan kesungguhan hati dalam menjalankan aktivitas perbankan yang berlandaskan kepada prinsip-prinsip Good Corporate Governance (GCG). Dibandingkan dengan tahun 2012, kendalayang kami hadapi pada tahun 2013 lebih terfokus pada penurunan terhadap penilaian GCG, sehingga memberikan semangat tersendiri bagi kami dalam upaya peningkatan kembali penilaian GCG dengan memberikan perhatian penuh terhadap GCG dan peningkatan pengendalian internal Bank secara menyeluruh.

Prospek UsahaKami tetap optimis di tahun mendatang pertumbuhan ekonomi Indonesia berada dikondisi yang semakin baik, kami berkeyakinan mampu mewujudkan harapan berupa pencapaian aset sebesar Rp 20 triliun di tahun 2017 sebagai bagian dari komitmen kami, serta menyalurkan kredit kepada UMKM secara bertahap sampai dengan 20% pada tahun 2018 berdasarkan peraturan yang berlaku.

Kami akan terus memastikan pendanaan yang stabil dengan likuiditas yang memadai melalui penghimpunan Dana Pihak Ketiga (DPK) dengan menargetkan pertumbuhan dana-dana murah seperti giro serta membidik Deposan non-inti.

The strategic policies implemented have succesfully improved the Bank’s performance as demonstrated in increasing financial and operational performance in 2013. The success also brings positive impact in achieving the Bank’s value, improving revenues, and attaining satisfactory comprehensive profit, thus making PT Bank Resona Perdania as a reliable fund provider in financial service.

Human Resources, including the management and individuals, have contributed in attaining such achievements with gradual implementation of Bank’s Vision and Mission within Board of Commissioners, Board of Directors, up to operational personnels.

Optimism and Challenges Until now, our achievement came from hard work and integrity in engaging in banking activities based on Good Corporate Governance (GCG). Compared to 2012, the challenges faced in June 2013 from declining GCG assessment, which made us realize to pay close attention and improve bank’s overall internal control .

Business Outlook We remain optimistic that, in the future, Indonesia’s economic growth will continue to further improve, we believe that we are able to achieve Rp 20 trillion of asset in 2017 as part of our commitment and also distribute credits gradually to SMEs up to 20% in 2018 based on regulation.

We will make sure to secure stable financing with sufficient liquidity through third Parties Fund (DPK) by targeting less costly fund growth such as current account and non-core Depositors.


Kami juga berencana untuk memperluas jaringan kantor Bank dan selalu menyediakan layanan keuangan terkini melalui website baru yang kami miliki dengan tujuan untuk lebih mendekatkan diri kepada nasabah, sehingga Bank lebih mudah dalam menawarkan produk dan layanannya baik funding maupun lending, serta terus meningkatkan infrastruktur di bidang IT, dan kualitas sumber daya manusia.

Implementasi Tata Kelola PerusahaanKami berkomitmen untuk menjadikan praktik tata kelola perusahaan yang baik sebagai landasan operasional guna menghadapi tantangan bisnis yang terus berkembang. Kami percaya bahwa pelaksanaan Good Corporate Governance (GCG) merupakan bagian terpenting dalam mempertahankan pertumbuhan bisnis yang berkelanjutan.

Oleh karena itu, kami memiliki komitmen penuh untuk senantiasa meningkatkan kualitas penerapan praktek terbaik Corporate Governance secara konsisten dan berkesinambungan dalam kegiatan usaha untuk meningkatkan kinerja perusahaan, melindungi kepentingan stakeholders, dan meningkatkan kepatuhan terhadap peraturan perundang-undangan serta nilai-nilai etika yang berlaku umum pada industri perbankan.

Sepanjang tahun 2013, Bank senantiasa berupaya melakukan peningkatan kualitas GCG yang dimiliki dengan membentuk Tim GCG sejak September 2012. Kami telah melakukan upaya terbaik guna meningkatkan peringkat GCG berdasarkan metode Plan Do Check Act (PDCA) atas 11 faktor GCG. Tindak lanjut dari rencana tersebut telah dilaksanakan oleh seluruh unit kerja terkait, yang progresnya dimonitor setiap bulan oleh Divisi Kepatuhan, Tim GCG dan manajemen Bank dan dilaporkan ke Bank Indonesia yang saat ini telah dialihkan ke Otoritas Jasa Keuangan (OJK). Selain itu, Kami juga telah melakukan perbaikan dalam tata kelola Penyediaan Dana kepada Pihak Terkait (Related Party) dan Penyediaan Dana Besar (Large Exposure) bekerjasama dengan eksternal konsultan.

We are planning to further expand our branch network and to provide upgraded financial service through our new website in order to be close to the customers. As such, it will be easier for the Bank to offer its products and services, both for funding and lending, as well as to improve our infrastructure in IT and human resources.

Corporate Governance Implementation We are committed to improving the practice of Good Corporate Governance (GCG) on an operational level in order to face the challenges of the growing business. We believe that the implementation of GCG is a most important part in maintaining a sustainable business growth.

Therefore, we continuously improve the quality of Corporate Governance Best Practices consistently and continuously in business activities to improve the company’s performance, to protect the interests of stakeholders, and improve compliance with laws and regulations, and ethical values generally accepted in the banking industry.

Throughout 2013, the Bank endeavoured to improve Corporate Governance quality by establishing GCG Team on September 2012 due to receding GCG rating. Since then, we have been making our best efforts to improve corporate governance based on Plan Do Check Act (PDCA) method of 11 GCG factors. Follow-up of the plan has been implemented by all related work units, monitored monthly by Compliance Division, GCG Team and the Bank’s management and reported to Bank Indonesia, which controlling function has been transferred to the Indonesia Financial Services Authority (IFSA). In addition, we have strengthened the governance on Provision of Funds to Related Party and the Provision of Large Exposure in collaboration with external consultant.


Guna menghasilkan kinerja yang maksimal, kami selalu berupaya melakukan pengkajian dan pengembangan organisasi agar organisasi yang kami miliki menjadi lebih efektif dan optimal berdasarkan dengan kebutuhan dan kompleksitas usaha Bank. Seperti strategi yang telah kami susun untuk tahun 2014, untuk merubah struktur organisasi Bagian Business Development dan Bagian Foreign Investment Development dimana akan dibagi menjadi 8 (delapan) divisi, termasuk didalamnya Unit Marketing yang fokus pada segmen pasar nasabah perusahaan Cina yang mempunyai hubungan dengan The Bank of East Asia Limited.

PenutupSebagai penutup, kami ingin mengucapkan terima kasih kepada Pemegang Saham, Dewan Komisaris, seluruh nasabah dan rekan bisnis, atas dukungan serta kepercayaan yang diberikan kepada kami. Kami juga ingin menyampaikan penghargaan yang tulus kepada seluruh manajemen dan staf yang bersungguh-sungguh dan berdedikasi dalam bekerja untuk kepentingan Bank.

In order to produce maximum performance, we will always assess and develop our organization in a more effective manner and try to be adaptive based on the needs and complexity of the Bank. Pursuant to the strategies composed for 2014, we will change the organizational structure of Business Development and Foreign Investment Development Section which will be divided into eight (8) divisions, including Marketing Unit that focus on the customer market segment of Chinese companies that has a business relation with the Bank of East Asia Ltd.

Closing Remarks Finally, we would like to extend our sincere gratitude to the Shareholders, the Board of Commissioners, our customers, and business associates for their supports and many trusts on us. We also wish to express our sincere appreciation to all management and staff, who have been working in earnest and dedicated to work for the best interests of bank.

Salam Hangat / Warm Regards,

Akihiro Miyamoto Presiden DirekturPresident Director


4. Iding Suherdi Direktur Director

5. Marie Ito Direktur Director

6. Muhammad Akbar Direktur Director

1. Akihiro Miyamoto Presiden Direktur President Director

2. Shiro Saito Wakil Presiden Direktur Vice President Director

3. Jojo Projoga Direktur Director

7. Masahiro Ishii Direktur Director

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Profil PerusahaanCompany Profile


Sekilas PerusahaanCompany at a Glance

IDenTITAS PeRUSAhAAn

COMPANY IDENTITY

Nama Perusahaan

Company NamePT BAnK ReSOnA PeRDAnIA

Alamat

Address

Menara Mulia, Lantai 5 & 6, Suites 501 & 601

Jl. Jend. Gatot Subroto Kav. 9-11, Karet Semanggi, Setiabudi, Jakarta 12930

T: +62 21 570 1958

F: +62 21 570 1936

Website : www.perdania.co.id

Tanggal Pendirian

Date of Establishment

01 Februari 1958

February 01, 1958

Bidang Usaha

Business Line

Jasa Perbankan

Banking Services

Modal Dasar

Authorized Capital Rp 500.000.000.000

Modal Disetor

Paid-In CapitalRp 285.000.000.000


Berawal dari komitmen untuk mendukung terciptanya

kerjasama ekonomi yang lebih baik antara Jepang

dengan Indonesia, maka didirikanlah Bank Perdania

pada tahun 1958. Perjalanan Bank Perdania dalam proses

pematangan usaha ditempuh melalui berbagai hal, hingga

akhirnya berhasil mendirikan dua kantor cabang di Surabaya

dan Bandung. Kantor cabang tersebut menjadi momentum

bagi Bank Perdania dalam melewati kancah bisnis perbankan

di negeri ini.

Pengalaman dan proses pembelajaran secara terus menerus

telah mendorong Bank Perdania untuk terus maju kedepan.

Bank Perdania kemudian merubah namanya berturut-turut

menjadi Daiwa Perdania Bank pada tahun 1994, Bank Daiwa

Perdania pada tahun 1999, dan Bank Resona Perdania (“Bank”)

pada tahun 2003.

Berbekal sejarah panjang yang telah dilalui dalam kontribusi mempererat kerjasama bisnis internasional Jepang dan Indonesia, kami telah melayani dan turut menopang perkembangan perekonomian nasional selama 55 tahun.

Supplied with extensive history of contribution in strengthening international business cooperation between Japan and Indonesia, the Bank have served and supported the national economic development for more than 55 years.


Bank Perdania was established in 1958 as a commitment

to support the realization of better economic cooperation

between Japan and Indonesia. The journey taken by

Bank Perdania to achieve business maturity was accomplished

through various initiatives, and this culminated in our success in

establishing two branch offices in Surabaya and Bandung. The

branch offices brought momentum for Bank Perdania in thriving

to expand presence through banking industry in this country.

The continuous experience and learning process had driven Bank

Perdania forward, followed by the changing of names to Daiwa

Perdania Bank in 1994, Bank Daiwa Perdania in 1999, and Bank

Resona Perdania (“the Bank”) in 2003.


Berbekal sejarah panjang yang telah dilalui dalam kontribusi

mempererat kerjasama bisnis internasional Jepang dan

Indonesia, kami telah melayani dan turut menopang

perkembangan perekonomian nasional selama 55 tahun.

Fokus utama Bank adalah perusahaan-perusahaan Jepang,

perusahaan joint venture Jepang-Indonesia, dan perusahaan-

perusahaan lokal. Layanan Bank mencakup berbagai jenis

produk dan layanan perbankan corporate seperti deposito,

kredit, ekspor, impor, remittance, bank garansi, serta jasa sewa

guna usaha melalui perusahaan anak PT Resona Indonesia

Finance.

Bank senantiasa menyiapkan program-program yang

bermanfaat dan sesuai dengan perkembangan dunia

perbankan nasional dan internasional, dengan turut

mengembangkan infrastruktur yang mumpuni, sumber

daya manusia, teknologi informasi, dan jaringan kantor yang

terintegrasi. Sebagai bagian dari strategi yang tengah kami

susun, pada awal tahun 2014 Bank memindahkan Kantor

Pusatnya dari Jl. Jend. Sudirman Kav. 40-41, Jakarta Pusat

ke Menara Mulia di Jl. Jend. Gatot Subroto Kav. 9-11, Jakarta

Selatan.

Hal ini merupakan tonggak penting yang menandai komitmen

Bank untuk terus berkontribusi dengan memberikan pelayanan

prima khususnya bagi nasabah Bank Resona Perdania.

Perpindahan ini menyertai usaha Bank dalam meningkatkan

pertumbuhan secara berkelanjutan (sustainable) melalui

penyempurnaan penerapan prudent banking dan Good

Corporate Governance (GCG).

Supplied with extensive history of contribution in strengthening

international business cooperation between Japan and Indonesia,

the Bank have served and supported the national economic

development for more than 55 years.

The Bank primarily focuses on Japanese companies, Japan-

Indonesia joint venture companies, and local companies. The

Bank provides services including various types of corporate

banking products and services such as deposit, credit, export,

import, remittance, bank guarantee, as well as leasing service

through the subsidiary of PT Resona Indonesia Finance.

The Bank is committed to prepare beneficial programs suitable

with the development of both national and international banking

world by developing quality infrastructure, human resources,

information technology, and integrated office network. As part

of strategy that the Bank is formulating, in early 2014, the Bank

has moved the Head Office from Jl. Jend. Sudirman Kav. 40-41,

Central Jakarta to Menara Mulia in Jl. Jend. Gatot Subroto Kav.

9-11, South Jakarta.

This step is an important milestone which marks the Bank’s

commitment to constantly give contribution by providing

excellent service especially to Bank Resona Perdania customers.

This relocation accompanies the Bank’s effort in increasing the

sustainable growth through the improvement of prudent banking

and Good Corporate Governance (GCG) implementation.



Keinginan tersebut bukan sesuatu yang mustahil karena Bank

didukung oleh pemegang saham internasional yang memiliki

pengalaman dan reputasi baik di negaranya masing-masing,

yaitu:

Resona Bank Ltd., Jepang

Resona Bank Ltd., didirikan pada tahun 1918 dan saat ini

berkantor pusat di Tokyo. Resona Bank Ltd. merupakan

unit usaha Resona Holdings, Inc., dengan usaha meliputi

perbankan dan lembaga keuangan di Jepang. Resona Bank Ltd.

menawarkan berbagai produk serta layanan perbankan bagi

usaha kecil, menengah, dan konsumen perorangan.

The Bank of east Asia Ltd., hong Kong

The Bank of East Asia Ltd., didirikan di Hong Kong pada tahun

1918 dan merupakan bank lokal independen ketiga terbesar di

Hong Kong.

The Bank believes it is possible to realize this goal with supports

from international shareholders which having expert experience

and reputation in their respective country, they are:

Resona Bank Ltd., Japan

Resona Bank Ltd., was established in 1918 and is currently

headquartered in Tokyo. Resona Bank Ltd. is a business unit of

Resona Holdings, Inc., with business engagement in banking and

financial institution in Japan. Resona Bank Ltd. offers various

banking products and services for small and medium enterprises

as well as individual consumers.

The Bank of East Asia Ltd., Hong Kong

The Bank of East Asia Ltd., was established in Hong Kong in 1918

and is the third largest independent local bank in Hong Kong.



Arti Nama “Resona Perdania”The Meaning of Name “Resona Perdania”

Tentang “Resona Perdania”Resona berasal dari bahasa Latin yaitu ‘Resonus’ yang memiliki arti bergaung atau bergema. Resona mencerminkan niat untuk mengembangkan hubungan timbal balik yang saling menguntungkan antara Bank dengan nasabah. Sedangkan Perdania merupakan singkatan dari ‘Perdagangan’, ‘Perindustrian’ dan ‘Pertanian’. Perdania menggambarkan visi Bank untuk menjadi fasilitator pertumbuhan ekonomi Jepang dan Indonesia.

About ”Resona Perdania”The word ‘Resona’ comes from the Latin word ‘Resonus’, meaning ‘to resound’ or ‘to resonate’. Resona is a reflection of the intention to develop a mutually beneficial relationship between the Bank and the customers. The acronym ‘Perdania’ combines the Indonesian words ‘Perdagangan’ (‘Trade’), ‘Perindustrian’ (‘Industry’) and ‘Pertanian’ (‘Agriculture’). Perdania illustrates the Bank’s vision to become a facilitator of Japan and Indonesia’s economic growth.

Menjangkau Pasar dengan 3 uSP (Unique Selling Point)

Dengan pengalaman selama 55 tahun melewati berbagai dinamika pasar, Bank Resona Perdania tumbuh dengan mengandalkan tiga keunggulan kompetitif sebagai berikut:

1. Pengalaman dan pengetahuan yang mendalam mengenai pasar lokal.2. Fokus pada perusahaan-perusahaan Jepang dan lokal.3. Manajemen Independen yang memungkinkan pengambilan keputusan secara fleksibel

dan cepat.

Pursuing Markets with 3 USP (Unique Selling Point)

With over 55 years of experience in banking sector, Bank Resona Perdania has grown with the following three competitive mainstays:

1. An extensive knowledge and understanding of the local market.2. A focus on Japanese and local companies.3. Independent management that enables prompt and flexible decision making.


Perusahaan kami bergerak di bidang perbankan yang memiliki beraneka ragam produk dan jasa yang ditawarkan kepada nasabah. Our company run in banking business activities with various type of products and services to customers.

Bidang usahaLine of Business

PRODUK / PRODuCTS Produk yang Bank miliki adalah sebagai berikutThe products offered by the Bank are as follows:

Current AccountAvailable in several currencies:• Indonesia Rupiah (IDR)• US Dollar (USD)• Japanese Yen (JPY)• Singapore Dollar (SGD)• Euro (EUR)• Australian Dollar (AUD)

Scriptless Time Deposit and Deposit On CallAvailable in several currencies:• Indonesian Rupiah (IDR)• US Dollar (USD)• Japanese Yen (JPY)• Euro (EUR)

Special Time DepositAvailable in several currencies:• Indonesian Rupiah (IDR)• US Dollar (USD)• Japanese Yen (JPY)

LoanTypes of loans:• Syndicated loan, available in Rupiah and Foreign Currency• Joint Financing Loan, available in Rupiah and Foreign

Currency• Working Capital Loan and Investment Loan, available in

Rupiah and Foreign Currency• Trust Receipt, available in Rupiah and Foreign Currency• Overdraft, a vailable in Rupiah and Foreign Currency.

FactoringAvailable in several currencies:• Indonesian Rupiah (IDR)• US Dollar (USD)

JASA / SERVICESJasa yang Bank berikan kepada nasabah diantaranya adalah The Bank offers services to the customers, namely:

Import• Opening of Letter of Credit (L/C)• Opening of Letter of Local L/C• Acceptance of Import Document (L/C and Non L/C)• Handling Invoice

Export• Negotiation (L/C)• Advising (L/C)• Collection (L/C)

Bank Guarantee• Bid Bond • Advance Payment Bond• Performance Bond• Retention Bond• Custom Bond• Maintenance / Warranty Bond• Standby L/C• Other Bond

Remittance• Bid Bond Foreign Currency Transfer

Others• Bid Bond• Safe Deposit Box• Collection• Foreign Currency Transactions in the form of Bank Notes,

Bank Drafts, Traveller Cheques• Transfer, including RTGS• Intercity clearing• Tax Payment• Bank Reference• Fax Service• Audit Confirmation• Supporting Letter• Internet Banking Perdania Direct


Jejak LangkahMilestones

Juli / JulyBank Resona Perdania membuka kantor cabang pembantu kedua di Karawang.

Bank Resona Perdania opened the second sub-branch office in Karawang.

Juli / JulyRelokasi Kantor Cabang Bandung ke Jl. Asia Afrika yang dikenal sebagai salah satu kawasan bisnis strategis di kota Bandung.

The branch office in Bandung was relocated to Jl. Asia Afrika, one of the strategic business district in Bandung.

September / SeptemberVision Well Ltd. bergabung sebagai salah satu pemilik saham Bank Resona Perdania dengan menggantikan posisi Bank NISP Tbk.

Vision Well Ltd. replaced Bank NISP Tbk. as one of the shareholders of Bank Resona Perdania.

Desember / DecemberBank Resona Perdania membuka kantor cabang pembantu ketiga di MM 2100, Cibitung.

Bank Resona Perdania opened the third sub-branch office in MM 2100, Cibitung.

Februari / FebruaryBank Perdania didirikan di Jakarta dengan tujuan untuk mendukung terciptanya kerjasama ekonomi yang lebih baik antara Jepang dengan Indonesia. Bank Perdania merupakan cikal-bakal Bank Resona Perdania.

Bank Perdania was established in Jakarta to support the realization of better economic cooperation between Japan and Indonesia. Bank Perdania was the forerunner of Bank Resona Perdania.

April / AprilBank Perdania mulai resmi beroperasi sebagai bank devisa.

Bank Perdania officially operated as foreign exchange bank.

April / AprilBank Daiwa Perdania memperoleh sertifikasi ISO 9000:2001 *).

Bank Daiwa Perdania acquired ISO 9000:2001 certification *).

*) Bank tidak memperpanjang sertifikasi ISO 9000 : 2001*) The Bank did not extend validation of the ISo 9000 : 2001 certification

Oktober / OctoberBank Perdania menjalin kerjasama dengan Bank NISP Tbk untuk menjajaki berbagai peluang perbankan potensial di luar Jakarta dan sekitarnya.

Bank Perdania cooperated with Bank NISP Tbk to explore potential banking opportunities outside Jakarta and its surrounding.

Agustus / August Untuk menambah jenis layanannya, Bank Perdania bekerjasama dengan beberapa perusahaan nasional dan asing mendirikan PT Resona Indonesia Finance dahulu PT Daiwa Lippo Leasing Corporation.

In order to add its types of services, Bank Perdania cooperated with several national and foreign companies to establish PT Resona Indonesia Finance, formerly PT Daiwa Lippo Leasing Corporation.

Juli / JulyBank Daiwa Perdania secara resmi mengganti namanya menjadi Bank Resona Perdania.

Bank Daiwa Perdania officially changed its name to Bank Resona Perdania.

Mei / MayBank Perdania membuka kantor cabang pertamanya di Surabaya.

Bank Perdania established the first branch office in Surabaya.

November / NovemberBank Perdania memindahkan kantor pusatnya dari Mangga Besar ke kawasan niaga strategis di Jakarta, yaitu Jl. Jenderal Sudirman.

Bank Perdania relocated the Head Quarter from Mangga Besar to strategic trade area in Jakarta, namely Jl. Jenderal Sudirman.

1958 1969 1974 1989

1984

2003 20042002 2005


Jejak LangkahMilestones

Agustus / August Sebagai cermin kesungguhan Bank dalam memberikan layanan setulus hati dan sekaligus sebagai wujud nyata upaya peningkatan kualitas pelayanan terhadap nasabah, Bank meluncurkan slogan “Your Real Partner”.

The Bank launched “Your Real Partner” slogan to mirror the Bank’s sincerity in providing services as well as the realization of service quality improvement.

Desember / December Kantor cabang Makassar resmi ditutup.

The official closing of branch office in Makassar.

Agustus / AugustBank Resona Perdania meluncurkan situs resmi Bank yaitu www.perdania.co.id untuk lebih memudahkan penyampaian informasi kepada nasabah.

Bank Resona Perdania launched the official website www.perdania.co.id to facilitate information disclosure to the customers.

November / NovemberBank Resona Perdania memindahkan Kantor Cabang Surabaya dari Jl. Raya Darmo ke Plaza BRI di Jl. Jend. Basuki Rachmat.

Bank Resona Perdania relocated its Surabaya Branch Office from Jl. Raya Darmo to Plaza BRI on Jl. Jend. Basuki Rachmat.

Desember / December Bank Resona Perdania meningkatkan kepemilikan saham di PT Resona Indonesia Finance menjadi sebesar 99,99%.

Bank Resona Perdania increased the share ownership in PT Resona Indonesia Finance to 99.99%.

Agustus / August Daiwa Perdania Bank kembali mengubah namanya menjadi Bank Daiwa Perdania.

Daiwa Perdania Bank changed its name to Bank Daiwa Perdania.

Maret / March The Bank of East Asia Ltd. (melalui East Asia Indonesian Holdings Ltd.) dan JAFCO Co. Ltd. melakukan investasi di Bank Daiwa Perdania dengan investasi ini The Bank of East Asia Ltd. menjadi salah satu pemegang saham utama Bank.

The Bank of East Asia Ltd. (through East Asia Indonesia Holdings Ltd.) and JAFCO Co. Ltd. made investment in Bank Daiwa Perdania. The investment marked The Bank of East Asia Ltd. as one of the Bank’s biggest shareholder.

Januari / January Bank Perdania membuka kantor cabang kedua di Bandung.

Bank Perdania opened the second branch office in Bandung.

Februari / FebruaryDaiwa Perdania Bank membuka kantor cabang ketiga di Makassar.

Daiwa Perdania Bank opened the third branch office in Makassar.

Januari / January Bank Perdania berganti nama menjadi Daiwa Perdania Bank serta membuka kantor cabang pembantu pertamanya di Kawasan Industri Jababeka, Cikarang.

Bank Perdania changed its name to Daiwa Perdania Bank and opened the first sub-branch office in Jababeka Industrial Area, Cikarang.

1999 20001991 19951994

2006 2007 2009 2010


Peristiwa Penting Tahun 2013Important Events in 2013

Februari FebruaryJanuari January

April April

Pembentukan Tim Relokasi dan Penetapan Kantor Pusat Sementara PT Bank Resona PerdaniaPada bulan Februari Bank telah membentuk Tim Relokasi Kantor Pusat PT Bank Resona Perdania dan menetapkan gedung Menara Mulia di Jl. Jend. Gatot Subroto Kav. 9-11, Jakarta, sebagai Kantor Pusat sementara PT Bank Resona Perdania.

The Forming of Relocation Team and Determination of Temporary Head Office of PT Bank Resona PerdaniaIn February, Bank has formed PT Bank Resona Perdania Head Office Relocation Team and determined the building of Menara Mulia at Jl. Jend. Gatot Subroto Kav. 9-11, Jakarta to become temporary Head Office of PT Bank Resona Perdania.

Penjualan Gedung Kantor Pusat PT Bank Resona PerdaniaSebagai salah satu rencana strategis Bank untuk memperkuat modal inti dalam rangka meningkatkan ekspansi usaha, Bank telah memutuskan untuk menjual aktiva tetap Bank berupa tanah dan gedung Kantor Pusat Bank yang berlokasi di Jl. Jend. Sudirman Kav. 40-41, Jakarta pada tanggal 31 Januari 2013 dan akan dibangun menjadi gedung yang lebih representative lagi dalam rangka meningkatkan pemberian layanan kepada nasabah. Untuk itu Bank akan melakukan relokasi Kantor Pusatnya ke kantor sementara di lokasi bisnis yang baru.

PT Bank Resona Perdania Head Office Building SellingAs a part of Bank strategic plan to strengthen Bank’s core capital in the framework to enhance business expansion, Bank has decided to sale Bank’s fixed asset in the form of land and building of Bank’s Head Office that located in Jl. Jend. Sudirman Kav. 40-41, Jakarta on January 31, 2013 and it will be build become a building that more representative in the framework to increase services to the customers. Therefore, Bank will do the relocation of Bank’s Head Office to the temporary office in the new business location.

Perubahan Nama dan Fungsi Seksi Administrasi dan Rekrutmen serta Seksi Pelatihan dan PengembanganDalam rangka terciptanya sistem kerja yang lebih efektif dan efisien serta agar terwujudnya sumber daya manusia (SDM) yang berkualitas dan penempatan SDM yang sesuai dengan kemampuan, maka Bank merubah nama dan fungsi dari:• Seksi Administrasi dan Rekrutmen menjadi Seksi Administrasi Kepegawaian, dan• Seksi Pelatihan dan Pengembangan menjadi Seksi Rekrutmen dan PengembanganPerubahan ini ditujukan juga untuk menciptakan kesinambungan proses rekrutmen Bank dengan pengembangan SDM.

Change of Name and Function of Recruitment and Administration Section and Development and Training SectionTo create an effective and efficient work system and the realization of high quality human resources (HR) and HR placement which complies to their skills, the Bank changed the names and functions from: • Recruitment and Administration Section to Personnel Administration Section, and • Development and Training Section to Recruitment and Development SectionThis change was also aimed to create sustainability in the recruitment process with HR development.


Peristiwa Penting 2013Significant Events in 2013

Juli July November November Desember December

Pembentukan Tim LSMK XBRLBank membentuk Tim dalam rangka kesiapan dan penyempurnaan implementasi LSMK XBRL yang bertujuan untuk meningkatkan percepatan implementasi pengembangan sistem Laporan Stabilitas Moneter dan Sistem Keuangan (LSMK) dengan metode Xtensible Business Reporting Language (XBRL).

The Establishment of LSMK XBRL TeamThe Bank established a Team for readiness and completion of LSMK XBRL implementation which aimed to increase the implementation speed of Monetary Stability and Financial System Report (LSMK) with Xtensible Business Reporting Language (XBRL) method.

Penerbitan MTN VBank menerbitkan MTN V yang berjumlah Rp150 miliar dengan tingkat suku bunga 10,65% per tahun untuk tenor 3 tahun. MTN V diterbitkan untuk mendiversifikasi sumber dana Bank sehubungan dengan rencana ekspansi dan investasi Bank serta diharapkan dapat memitigasi risiko likuiditas Bank dalam jangka panjang.

The Issuing of MTN VThe Bank issued MTN V which amounted to Rp 150 billion with interest rate of 10.65% per year for a three-years tenor. MTN V was published to diversify the Bank’s fund sources in accordance to the expansion and investment plan and was hoped to mitigate long-term liquidity risk of the Bank.

Visi dan Misi PT Bank Resona Perdania yang BaruBank menetapkan visi dan misi baru yang ditujukan untuk memberikan arahan yang lebih jelas bagi manajemen dan karyawan dalam pelaksanaan tata kelola perusahaan dan dalam menyusun langkah-langkah strategis jangka pendek, jangka menengah, dan jangka panjang Bank.

The New Vision and Mission of PT Bank Resona PerdaniaThe Bank established a new vision and mission aimed to provide a more detailed guide lines for the management and employees in the implementation of Good Corporate Governance and in arranging short-term, mid-term, and long-term Bank strategic steps.


Remuneration andNomination Committee

Product Researchand

Development Committee

System Informationand

Technology Committee

Credit Policy Committee

Risk Management Committee

Assets and LiabilitiesCommitteeCredit Committee

Risk Monitoring Committee

Audit Committee

DirectorDirectorDirector

Struktur Organisasi (per 31 Desember 2013)Organization Structure (as of December 31, 2013)

Note :Control and Report

Risk Control

Communication / Information Report

Director In Charge for Compliance Function1)

GM for RiskManagement

General Affair Section 1

SystemSection

Credit Section

Accounting Section

PlanningSection

PersonnelAdministration

Section

ProcessAdministration

Section

CreditMonitoring

and Recovery Section

CollateralSection

Recruitmentand

DevelopmentSection

Deposit Section 1

Deposit Section 2

EDPSection

Maintenance Sub Section

General Affair Section 2

General Affair

Division

CreditAdministration

Section

Risk Management

Division

CreditExamination

Division

Human Resources

Division

PlanningDivision

Settlement &Correspondent

Division

System Division

Information Security and System Risk Controller

BusinessDivision

CikarangSub Branch

KarawangSub Branch

MM2100Sub Branch

Export Section

Import Section

Remittance Section

Assistant GMfor

Human Resources


Vice President Director

Director

GM Foreign Investment Development Division

GM Business Development Division GM Treasury Division

Director 1)

Compliance Division

Legal UnitSenior Officer

Marketing Officer

Deposit Section

Cashier

Bills Section

Credit Section

Accounting Section

General Affair Section

Marketing Officer

Deposit Section

Cashier

Bills Section

Credit Section

Accounting Section

General Affair Section

Compliance Leader

Customer Communication

Section

Marketing Section 1

Marketing Section 2

Know Your Customer Division

Treasury Division

Inspection Division

Business Development

Division

ForeignInvestment

Development Division

SurabayaBranch

BandungBranch

Struktur OrganisasiOrganization Structure

Board of Directors

President Director

Board of Commissioners


VisiVision

MisiMission

Visi, Misi dan Nilai-nilai PerusahaanVision, Mission, and Corporate Values

Menjadi Bank yang paling dapat diandalkan di Indonesia untuk perusahaan-perusahaan Jepang dan lokal dengan menyediakan kualitas layanan keuangan terbaik.

• “Menciptakan” pertumbuhan yang berkesinambungan dengan nilai-nilai perusahaan yang berkualitas tinggi.

• “Berkontribusi” terhadap pembangunan ekonomi Indonesia dengan kualitas produk dan layanan keuangan terbaik.

• “Berkomitmen” untuk memberikan solusi yang berkualitas tinggi dan menyeluruh dalam layanan keuangan.

• “Create” sustainable growth with high quality corporate values.

• “Contribute” toward Indonesia’s economic development through the best quality financial product and services.

• “Commits” to deliver high quality and comprehensive solution in financial services.

To be the most reliable Bank in Indonesia for Japanese and local companies by providing the best quality financial services


Nilai-nilai PerusahaanCorporate Values

Visi, Misi dan Nilai-nilai PerusahaanVision, Mission, and Corporate Values

Dapat menunjukan kompetensi sebagai Bank terpercaya Able to show competency as a trusted Bank

Bekerja dengan tepat untuk meminimalisir risiko Working precisely to minimize risk

Melakukan pekerjaan dengan profesional Conducting task in professional manner

Melayani dengan sungguh-sungguh dan tekun Servicing with vigor and diligence

Credible

Accurate

Responsible

enterprising


Profil Dewan KomisarisProfile of Board of Commissioners

DiDi NuRuLhuDAPresiden Komisaris Independen | Independent President Commissioner

Bapak Didi Nurulhuda lahir di Tasikmalaya, Jawa Barat,

Indonesia, 12 Juni 1952. Beliau menjabat sebagai Presiden

Komisaris Independen Bank Resona Perdania sejak tanggal

14 Juli 2008. Beliau lulus dari Akademi Bank Indonesia,

Yogyakarta pada tahun 1975, serta lulus dari Pendidikan Ahli

Keuangan dan Perbankan (kerjasama BI-LMFE UI 1981-1984).

Gelar Sarjana diraihnya pada tahun 2004, diikuti dengan

Pasca Sarjana pada tahun 2007 dalam Bidang Manajemen dari

Universitas Krisnadwipayana, Jakarta, Indonesia. Sebelumnya,

beliau bekerja di Bank Indonesia (BI) dan pernah ditempatkan

di Kantor Representatif BI London, Inggris, selama lima tahun.

Jabatan terakhirnya di BI adalah sebagai Kepala Pengawasan

Bank, Direktorat Pengawasan Bank 2.

Mr. Didi Nurulhuda was born in Tasikmalaya, West Java,

Indonesia, on June 12, 1952. He has served as Independent

President Commissioner of Bank Resona Perdania since July 14,

2008. In 1975, he graduated from the Bank Indonesia Academy,

Yogyakarta, he also graduated from the Banking and Finance

Course conducted by Bank Indonesia in conjunction with the

Institute of Management, Faculty of Economics, University of

Indonesia, 1981-1984. Mr. Nurulhuda obtained his Bachelor

degree in 2004 and Postgraduate degree in 2007, majoring in

Management from the Krisnadwipayana University, Jakarta,

Indonesia. Previously, he worked at Bank Indonesia (BI) and was

assigned at the BI Representative Office in London, UK, for five

years. His latest position at BI was Chief Banking Supervision,

Directorate of Banking Supervision 2.

ABDuL hARiS hARTANToKomisaris Independen | Independent Commissioner

Bapak Abdul Haris Hartanto lahir di Cimahi, Jawa Barat,

Indonesia, pada tanggal 6 Februari 1942. Beliau menjabat

sebagai Komisaris Independen sejak tanggal 23 Januari 2007.

Beliau telah mengikuti berbagai pelatihan dan pendidikan

di bidang perbankan. Sebelumnya, beliau menjabat sebagai

Direktur Bank Resona Perdania sejak tahun 1998 hingga masa

pensiunnya pada tahun 2005. Selama masa tersebut beliau

telah membuktikan dedikasi dan komitmennya terhadap Bank

Resona Perdania.

Mr. Abdul Haris Hartanto was born in Cimahi, West Java,

Indonesia, on February 6, 1942. He has served as the Independent

Commissioner since January 23, 2007. He has undertaken and

completed various training courses in the banking field. From 1998

until his retirement in 2005, he served as a Director of Bank Resona

Perdania.Throughout the years, he has proven his dedication and

commitment to Bank Resona Perdania.


Profil Dewan KomisarisProfile of Board of Commissioners

Cheng Shui-hee, garyKomisaris | Commissioner

Bapak Cheng Shui-Hee, Gary lahir di Hong Kong pada tanggal

16 November 1966. Beliau memiliki Higher Diploma dalam

Business Studies dari City University of Hong Kong. Bapak Cheng

lalu melanjutkan pendidikan dengan meraih Bachelor of Science

dalam bidang Ekonomi, dengan spesialisasi perbankan dan

keuangan, dari University of London, Inggris, dan gelar MBA

(Master of Business Administration) dari Heriot-Watt University,

Inggris. Beliau menjabat sebagai Komisaris sejak tanggal 15

Agustus 2011, selain itu, beliau juga menjabat sebagai Regional

Chief Executive, untuk wilayah Asia Tenggara untuk The Bank of

East Asia, Ltd.

Mr. Cheng Shui-Hee, Gary was born in Hong Kong on November

16, 1966. He holds a Higher Diploma in Business Studies from

the City University of Hong Kong. Mr. Cheng also graduated with

a Bachelor of Science in Economics, majoring in Banking and

Finance, from University of London, and furthered his studies with

an MBA (Master of Business Administration) from Heriot-Watt

University, UK. He has served as Commissioner since August 15,

2011, beside that he also served as Regional Chief Executive for

Southeast Asia for The Bank of East Asia, Ltd.

ATSuShi TAhARAKomisaris | Commissioner

Bapak Atsushi Tahara lahir di Jepang, 23 Oktober 1961.

Beliau menjabat sebagai Komisaris sejak 19 Desember 2012.

Sebelumnya, beliau menjabat sebagai Advisor, International

Business Office, di divisi Corporate Business Solution, Bank

Resona, Ltd selama satu tahun. Latar belakang pendidikannya

sebagai lulusan Fakultas Bisnis dan Komersial di Keio University

menjadi pondasi yang kuat dalam karirnya.

Mr. Atsushi Tahara born in Japan on October 23, 1961, Mr. Tahara

served as Commissioner since December 19, 2012. Previously, he

took one-year incumbency as Advisor at International Business

Office of the Corporate Business Solution Division of Resona Bank,

Ltd. His education background as a graduate of Commerce and

Business Faculty from Keio University has become his strong career

foundation.


Profil DireksiProfile of Board of Directors

akihiro MiyaMotoPresiden Direktur | President Director

Bapak Akihiro Miyamoto lahir di Fukuoka, Jepang, pada tanggal

30 November 1955. Beliau menjabat sebagai Presiden Direktur

sejak tanggal 20 Februari 2004. Lulus dari Keio University pada

tahun 1978 dan bergabung dengan Daiwa Bank Ltd. pada tahun

yang sama. Bapak Miyamoto melanjutkan pendidikannya dan

meraih gelar Master of International Relations dari International

University of Japan pada tahun 1983.

Mr. Akihiro Miyamoto was born in Fukuoka, Japan, on November

30, 1955. He was appointed President Director on February 20,

2004, and has served this position ever since. After graduating from

Keio University in 1978, he joined Daiwa Bank Ltd. and continued

his education and obtained a Master of International Relations

degree from the International University of Japan in 1983.

ShiRo SAiToWakil Presiden Direktur | Vice President Director

Bapak Shiro Saito lahir di Kyoto, Jepang, pada tanggal 31 Maret

1966. Beliau menjabat sebagai Wakil Presiden Direktur sejak

tanggal 15 Februari 2010. Sebelumnya beliau bertugas sebagai

General Manager for Risk Management untuk periode Januari

2009 - Februari 2010. Lulus dari Osaka University of Foreign

Studies pada tahun 1989, beliau telah banyak mengikuti

pelatihan dan pendidikan di bidang perbankan.

Mr. Shiro Saito was born in Kyoto, Japan, on March 31, 1966. He has

served as the Vice President Director since February 15, 2010. Prior

to this, he served as the General Manager for Risk Management

from January 2009 to February 2010. A graduate from Osaka

University of Foreign Studies in 1989, Mr. Saito has undertaken

and participated in numerous training and education programs

in the field of banking.



JoJo PRAJoGADirektur | Director

Bapak Jojo Prajoga lahir di Jakarta, Indonesia, pada tanggal 15

Juni 1952. Mengawali karirnya di Bank Resona Perdania pada

tahun 1980, dan saat ini beliau menjabat sebagai Direktur

yang Membawahkan Fungsi Kepatuhan sejak 18 Oktober

2002. Bapak Jojo lulus dari Universitas Indonesia dengan gelar

Sarjana di bidang Ilmu Sosial dan Politik pada tahun 1980.

Mr. Jojo Prajoga was born in Jakarta, Indonesia, on June 15, 1952.

He has served as the Director in Charge for Compliance Function

since October 18, 2002. Since the beginning of his banking career

in 1980, he has contributed his skills and experience for Bank

Resona Perdania. He graduated from the University of Indonesia

with a Bachelor degree in Social and Political Sciences in 1980.

iDiNG SuheRDiDirektur | Director

Bapak Iding Suherdi lahir di Ciamis, Jawa Barat, Indonesia,

pada tanggal 13 Agustus 1961. Beliau telah menjabat sebagai

Direktur sejak tanggal 15 Agustus 2005. Beliau telah lama

berkarir di bidang perbankan di Indonesia, dan pengalamannya

yang sangat luas dan mendalam di bidang ini menjadi aset

penting bagi Bank Resona Perdania. Beliau adalah lulusan dari

Universitas Jember, Jawa Timur, Indonesia, dengan gelar Pasca

Sarjana di bidang Manajemen Pemasaran pada tahun 2001.

Mr. Iding Suherdi was born in Ciamis, West Java, Indonesia, on

August 13, 1961. He has served as Director since August 15, 2005

Mr. Iding has led a long and distinguished career in the Indonesian

banking industry, and with his vast and extensive experience, he is

a valuable asset for Bank Resona Perdania. A graduate of Jember

University, East Java, Indonesia, with a Postgraduate degree in

Marketing Management in 2001.


MARie iToDirektur | Director

Ibu Marie Ito lahir pada tanggal 23 Maret 1963 di Tokyo,

Jepang. Beliau berhasil meraih gelar Bachelor di bidang

Business Administration dari Chaminade University, Honolulu

pada tahun 1985 dan meraih gelar Master di Bidang Business

Administration dari Monash University, Melbourne pada tahun

2003. Pengalaman kerja beliau termasuk di Citibank Indonesia

sebelum bergabung dengan Bank Resona Perdania. Beliau saat

ini bertanggung jawab sebagai Direktur yang membawahi

Divisi Usaha, Sistem, dan Administrasi Kredit dan telah

menjabat sebagai Direktur Bank Resona Perdania sejak tanggal

14 Juli 2008.

Ms. Marie Ito was born on March 23, 1963 in Tokyo, Japan. She

obtained her Bachelor’s degree in Business Administration from

Chaminade University of Honolulu in 1985 and Master’s degree

in Business Administration from Monash University, Melborne in

2003. Her working experience include Citibank Indonesia before

joining Bank Resona Perdania. She is currently responsible as

Director of Operations, IT and Credit Administration, has been as

Director of Bank Resona Perdania since July 14, 2008.

MuhAMMAD AKBARDirektur | Director

Bapak Muhammad Akbar lahir di Makassar, Indonesia, 8

Desember 1970. Beliau menjabat sebagai Direktur Bank Resona

Perdania sejak 29 Agustus 2012. Selama perjalanan karirnya,

beliau aktif mengikuti banyak pelatihan di bidang perbankan.

Beliau meraih gelar S2 dengan disiplin ilmu Manajemen

Keuangan dari Universitas Muhammadiyah, Jakarta tahun

2009. Sementara gelar S1-nya berhasil diraih pada tahun 1989

di Universitas Hasanuddin, Makassar, dengan disiplin Ilmu dan

Teknologi Kelautan.

Mr. Muhammad Akbar was born in Makassar, Indonesia on

December 8, 1970. He has served as Director of Bank Resona

Perdania since August 29, 2012. Thorughout his career, he actively

participated in many banking trainings. He earned his Master’s

degree in Finance Management from Muhammadiyah University

of Jakarta in 2009, and his Bachelor’s degree in Marine Science and

Technology was obtained in 1989 from Hasanuddin University,

Makassar.



MASAhiRo iShiiDirektur | Director

Bapak Masahiro Ishii, lahir di Jepang, 25 September 1971. Beliau

adalah lulusan Ritsumeiken University, Jepang, dengan disiplin

ilmu Hukum. Beliau menjabat sebagai Direktur Bank Resona

Perdania sejak 9 Oktober 2012. Sebelumnya, beliau menjabat

GM Business Development Division. Beliau juga pernah

menjabat sebagai Presiden Direktur PT Resona Indonesia

Finance hingga bulan Oktober 2011. Sepanjang karirnya,

beliau aktif mengikuti banyak pelatihan di bidang perbankan.

Mr. Masahiro Ishii was born in Japan on September 25, 1971. He

graduate from Ritsumeiken University, Japan majoring in Law.

He has been Director of Bank Resona Perdania since October 9,

2012. Previously, he took the post as General Manager of Business

Development Division. He once served as President Director of PT

Resona Indonesia Finance until October 2011. He has participated

many training in the banking field throughout his career.



Inspection Division Rizki Arista

Planning Division Sugeng Ambar Riyono

Credit Examination Division Ali Alatas

Treasury Division Lindawati Susanto

Risk Management Division Takuya Nakazaki & Rainir Rasoelin

Settlement & Correspondent Division -

Know Your Customer Division Esih Suarsih

Business Development Division Makoto Nishimura, Kohei Shiba &

Rachtomo Sumeri

Foreign Investment Development Division Jiro Mesaka

System Division Alfian Angkawibawa

Human Resources Division Sudirman & Sriyono

General Affair Division Ch. Eddy Aprilita

Business Division Dioriati F. Pardede

Credit Administration Division -

Information Security and System Risk Controller Budi Hartono

Compliance Division Agus Amin Satyadarma

Surabaya Branch Tuti Rahaju

Bandung Branch Evy Budijanti

Pejabat Eksekutif Posisi 31 Desember 2013 Executive Officers as of December 31, 2013



Komposisi Pemegang Saham dan Perusahaan AnakComposition of Shareholders and Subsidiary

Struktur Kelompok usahaStructure of Businesss Group

Jafco Co., Ltd. (JAPAN)5.08%

Other 1.58%

East Asia Indonesian Holdings, Ltd. (SEYCHELLES)

30.00%

Resona Bank, Ltd. (JAPAN)43.42%

Vision Well, Ltd.(BRITISH VIRGIN ISLAND)

19.92%

PT Bank Resona Perdania(Jakarta)

PT Resona Indonesia Finance(Jakarta)Shareholders:PT Bank Resona Perdania 99.99%Resona Bank, Ltd., Japan 0.01%

Government of Japan

99.05%

20.84%(Ultimate Shareholder)

(Ultimate Shareholder)



79.16%

100%

100%

100%68.60%15.02%

16.38%

72.76% 100%

100%

43.42%

30.00% 19.92%

DepositInsurance Corp. Public

PublicGuoco Management Company Limited

Guoco Group Limited

Caixa Bank, S.A.

Caja de Ahorros y Pensiones de

Barcelona

Resona Holdings Inc.

Leader One, Ltd.

The Bank of East Asia, Ltd.

Mr. Jim Wang

Resona Bank, Ltd

PT Bank Resona Perdania Vision Well Ltd.East Asia Indonesian Holdings, Ltd.


Informasi dan Komposisi Saham Perusahaan Anak, Perusahaan Asosiasi dan Perusahaan AfiliasiInformation and Share Composition of Subsidiary, Associate and Affiliate Companies

Resona Kesai Service Co., Ltd.

Resona Capital Co., Ltd.

Arise Capital Partner

Public

East Asia Securities Company

Limited

Speedfull Limited

PowerhouseWorldwide Limited

Corona Light Limited

Century Able Limited

BEA Wealth Management Services

(Taiwan) Limited

Ample Delight Limited

East Asia Electronic Data Processing (Guangzhou)

Limited

East Asia Secretaries

(BVI) Limited

East Asia Investments

Holdings (BVI) Ltd.

East Asia International

Trustees Limited

East Asia Holding

Company, Inc.

Credit Gain Finance

Company Limited

BEA Union Investment

Management Limited

Blue Cross (Asia-Pacific)

Insurance Limited

Bank of East Asia

(Trustees) Limited

Crytal Gleaming

Limited

Central Town

Limited

BEA Life Limited

East Asia Property

Holdings (Jersey) Limited

Guoco Group Limited

Caja de Ahorros y Pensiones de Barcelona

Caixa Bank S.A., Guoco Management Company Limited

Leader One Limited

The Bank of east Asia, Limited

East Asia Indonesian Holdings Limited

Resona Card Co., Ltd.



100%

100%72.76%

16.38%

15.02%

68.60%

100%

100%

100% 100% 100% 100% 100%FROM THE GROUP

75.61% 100% 100%

100% 100% 100% 100% 100% 100% 100% 100% 100% 100%51%

100%

50%

77.58%100%


Government of Japan

DepositInsurance Corp.

PT Resona Indonesia Finance

TCL Finance Co., Ltd.

Platinum Holdings Company

Limited

Industrial and Commercial

Bank of China (Canada)

Founder BEA Trust Company

Limited

Tung Shing Holdings Company

Limited

The Bank of East Asia

(China) Limited

Shaanxi Fuping BEA Rural Bank

Corporation

Keen Sight Development

Limited

Innovate Holdings Limited

East Asia Strategic Holdings Limited

Skyray Holdings Limited

Industrial and Commercial Bank of

China (USA) N.A

Dolford Property Holdings Limited

Tricor Service (Malaysia) Sdn. Bhd

Tricor Services Limited

Tricor Investor Services Limited

Tricor Holdings Pte. Ltd.

Tricor Holdings Limited

Tricor Consultancy (Beijing) Limited

AFFIN Holding Berhard

The Kinki Osaka Bank Ltd.

Mr. Jim Wang

Japan Trustee Services Bank Ltd.

Resona Guarantee Co., Ltd.

Daiwa Guarantee Co., Ltd.

Kinki Osaka Shinyo Hosho Co., Ltd.

Saitama Resona Bank Ltd.

Resona Bank Ltd.

PT Bank Resona Perdania Vision Well Ltd.

Resona Business Service Co., Ltd.

Resona Research Institute Co., Ltd.

Public99.05%



20.84% 79.16%

100%

100%

50.98%

100%

11.78%37.24%%

100%100%

99.99%

33.33%

43.42%

99.99%

19.92%30.00%

FROM THE GROUP75.61% 75.61% 75.61% 75.61% 75.61% 68.05% 30% 20%

100% 100% 100% 100% 100% 100% 100% 23.52% 19.99% 20% 20%29.99%

100%

100%

ReSOnA hOLDInGS, Inc.


Penghargaan dan PencapaianAwards and Achievements

Infobank Golden Trophy 2013 dari Majalah InfobankInfobank Golden Trophy 2013 from Infobank Magazine

PT Bank Resona Perdania mendapatkan Infobank Golden Trophy 2013 dan piagam

penghargaan dari Majalah Infobank atas kinerja keuangan “Sangat Bagus” untuk laporan

keuangan tahun 2012.

PT Bank Resona Perdania obtained Infobank Golden Trophy 2013 and award charter from

Infobank Magazine for “Excellent” financial performance for the 2012.

JP Morgan Quality Recognition Award Tahun 2013JP Morgan Quality Recognition Award 2013

PT Bank Resona Perdania menerima penghargaan J.P Morgan Elite Quality Recognition

Award tahun 2013 sebagai Best in Class MT 202 STP Rate 99,85% dan Best in Class MT 103

STP Rate 99,24% dari J.P Morgan Chase Bank, New York. Hal ini membuktikan konsistensi PT

Bank Resona Perdania dalam menerapkan manajemen pengiriman uangnya yang berkualitas

dan berstandar tinggi.

PT Bank Resona Perdania obtained 2013 J.P Morgan Elite Quality Recognition Award as Best in

Class MT 202 STP Rate 99.85% and Best in Class MT 103 STP Rate 99.24% from J.P Morgan Chase

Bank, New York. The award proved the consistency of the Bank in implementing remittance

management with exceptional quality and high standard.

Pemeringkatan atas Medium Term notes V Tahun 2013 PT Bank Resona Perdania

Rating on PT Bank Resona Perdania Medium Term Notes V 2013

Pada bulan November 2013, PT PEFINDO memberikan peringkat id.AA- (Double A Minus) atas

penerbitan Medium Term Notes V Tahun 2013 senilai maksimum Rp150 miliar kepada PT Bank

Resona Perdania.

On November 2013, PT PEFINDO granted an id.AA- (Double A Minus) rating on the issuing of

Medium Term Notes V Year 2013 with the maximum value of Rp150 billion to PT Bank Resona

Perdania.



Profil Grup ResonaProfile of Resona Group

Nama Resona Group berasal dari kata Latin “Resonus” yang

berarti bergaung atau bergema. Pada intinya kata “Resona”

mencerminkan tujuan untuk membangun kerjasama yang erat

dengan para nasabah – tepatnya, maju dan berhasil bersama

nasabah.

Logo dikelilingi oleh lingkaran yang sempurna, yang

menyiratkan rasa aman dan kepercayaan. Sedangkan warna

utamanya yaitu hijau, yang memiliki arti ‘kelembutan’ dan

‘transparansi’ dan warna sekunder oranye yang berarti

‘keakraban’ dan ‘kehangatan’.

Dengan menjunjung tinggi visinya menjadi ‘kelompok usaha

jasa keuangan yang didasari oleh kreatifitas’, Resona Group

bertujuan untuk mencapai misi berikut:

- Memenuhi ekspektasi nasabah.

- Memperbaiki organisasi.

- Mengimplementasikan manajemen yang transparan.

- Berkembang bersama dengan komunitas regional.

Dari sisi manajemen risiko, Resona Holdings memberikan

panduan dan arahan umum kepada semua perusahaan

di dalam grup mengenai kebijakan, standar, dan sistem

manajemen risiko.

Dalam kaitannya dengan Bank Resona Perdania, proses

pengendalian tersebut terdiri dari pelaporan aktivitas

keuangan setiap kuartal dan audit secara berkala.

The word “Resona” derives from the Latin word “Resonus” that

means to resonate, or to resound. In essence, the word “Resona”

embodies a mission to nurture a strong relationship with

customers – in particular one that champions mutual progress

and excellent performance with customers.

The logo is housed in a perfect circle, suggesting security and trust.

The main color of green, denotes “gentleness” and “transparency”,

whereas the secondary color of orange represents “friendliness”

and “warmth”.

By upholding a vision as a “financial services business group based

on creativity”, Resona Group’s mission is to attain the following:

- Meet customer expectations.

- Renovate its organization.

- Implement a transparent management.

- Advance together with the regional community.

Through the observance at risk management, Resona Holdings

provides guidelines and general direction on policy, standard, and

risk management system to all companies within the group.

In relation to Bank Resona Perdania, the controlling process

consists of report on financial activity every quarter and periodical

audit.


Struktur Grup ResonaStructure of Resona Group

Ikhtisar Keuangan Non Konsolidasi Resona Bank, Ltd., JepangNon-Consolidated Financial Highlight of Resona Bank, Ltd., Japan

Resona Holdings, Inc.

Resona Bank, Ltd.

PT Bank Resona Perdania

The Kinki Osaka Bank, Ltd. Saitama Resona Bank, Ltd.

Mar 31, 2013 Mar 31, 2012 Mar 31, 2011

ASSET

Loans and Bills Discounted 17.440.713 17.061.490 17.193.240

Total Assets 27.504.695 27.911.127 27.955.814

LIABILITY

Deposits 21.282.538 20.828.267 20.811.898

Total Equity 1.340.426 1.242.866 1.134.074

INCOME

Income Before Income Taxes 187.321 178.415 155.305

Net Income 205.576 186.946 105.161

INDICATOR

CAR 13,41% 13,16% 11,68%

dalam Jutaan Yen In Million Yen


Perusahaan AnakSubsidiary

Bank memiliki perusahaan anak yaitu PT Resona Indonesia

Finance yang bergerak di bidang sewa guna usaha, pembiayaan

konsumen dan anjak piutang. PT Resona Indonesia Finance

pada awalnya bernama PT Daiwa Lippo Leasing Corporation

yang didirikan pada bulan Agustus 1984.

Pada tahun 2012, PT Resona Indonesia Finance menerima

penghargaan sebagai “Perusahaan Pembiayaan dengan Kinerja

Keuangan Sangat Bagus” dari Majalah InfoBank berdasarkan

laporan keuangan 2011. Selain itu, InfoBank Golden Trophy

2012 juga dianugerahkan kepada PT Resona Indonesia Finance

atas prestasinya selama lima tahun berturut-turut (2007 –

2012), karena meraih predikat sebagai perusahaan pembiayaan

dengan kinerja keuangan “Sangat Bagus”.

Sebagai pemegang saham utama, Bank melakukan pengawasan

bulanan atas kinerja keuangan PT Resona Indonesia Finance,

disamping audit umum tahunan yang dilakukan oleh Satuan

Kerja Audit Internal (SKAI) Bank.

The Bank’s subsidary, PT Resona Indonesia Finance, which

engages with lease, consumer finance and factoring. PT Resona

Indonesia Finance was previously named as PT Daiwa Lippo

Leasing Corporation, which was established on August 1984.

In 2012, PT Resona Indonesia Finance received an award as

“Financing Company with Excellent Financial Performance” from

InfoBank Magazine. The award was based on 2011 financial

statement. Moreover, the same publication also awarded

the company with 2012 InfoBank Golden Trophy, for their

performance as financing company with “Excellent” financial

performance in 2007 – 2012.

As the majority shareholder, the Bank conducts monthly

supervision over the financial performance of PT Resona

Indonesia Finance, aside from annual general audit performed by

the Internal Audit Task Force (SKAI).


Untuk mendukung kegiatan operasional dan

perkembangannya, Bank juga menyediakan fasilitas pinjaman

kepada PT Resona Indonesia Finance.

Profil

Modal disetor: Rp 25.000.000.000

Pemegang Saham

PT Bank Resona Perdania (99,99%)

Resona Bank Ltd., Jepang (0,01%)

Dewan Komisaris

Presiden Komisaris : Akira Kakihara

Komisaris : Abdul Haris Hartanto

Direksi

Direktur : Hiroo Shimouchi

Alamat

Menara Mulia, Lantai 7, Suite 701

Jl. Jend. Gatot Subroto Kav. 9-11, Karet Semanggi

Setiabudi, Jakarta 12930

Phone: +62 21 570 1956

Fax : +62 21 570 1961

Ikhtisar Keuangan Financial Highlights

Uraian Description

2013 2012 2011

Total Aset Total Asset 460.921 387.428 298.398

Total Ekuitas Total Equity 101.401 91.423 81.534

Laba Bersih Net Income 14.978 13.889 11.060

The Bank also provides loan facility to PT Resona Indonesia

Finance to support its operations and development.

Profile

Paid-up capital: Rp 25,000,000,000

Shareholders

PT Bank Resona Perdania (99.99%)

Resona Bank Ltd., Japan (0.01%)

Board of Commissioner

President Commissioner : Akira Kakihara

Commissioner : Abdul Haris Hartanto

Board of Directors

Director : Hiroo Shimouchi

Address

Menara Mulia, 7th Floor, Suite 701

Jl. Jend. Gatot Subroto Kav. 9-11, Karet Semanggi


Phone: +62 21 570 1956

Fax : +62 21 570 1961

dalam Jutaan Rupiah In Million Rupiah

Perusahaan AnakSubsidiary


Kantor Cabang dan Kantor Cabang PembantuBranch Office and Sub Branch Office

Kantor Cabang

Branch Office

Surabaya

3rd Floor Plaza BRI, Suite 305

Jl. Jend. Basuki Rachmat No. 122

Surabaya 60271 East Java – Indonesia

Phone : (+62 31) 535 5858

Fax : (+62 31) 535 2007

Bandung

2nd Floor Wisma Bumiputera

Suite 204-205

Jl. Asia Afrika No. 141-149

Bandung 40112

West Java - Indonesia

Phone : (+62 22) 424 1742

Fax : (+62 22) 424 1207

Kantor Cabang Pembantu

Sub Branch Office

Cikarang

2nd Floor EJIP Center Building

EJIP Industrial Park, Plot 3A

South Cikarang

Bekasi 17550


Phone : (+62 21) 897 4940

Fax : (+62 21) 897 4941

Karawang

1st Floor Graha KIIC

Jl. Permata Raya Lot C-1B

KIIC Industrial park

Karawang 41361


Phone : (+62 21) 8911 5020

Fax : (+62 267) 647 347

MM2100

Ruko Mal Bekasi Fajar Blok D No. 8

MM2100 Industrial Town

West Cikarang

Bekasi 17520


Phone : (+62 21) 8998 2151

Fax : (+62 21) 8998 2943

Analisis dan Pembahasan ManajemenManagement Discussion and Analysis


TInJAUAn eKOnOMI MAKRO InDOneSIA TAhUn 2013

Perekonomian Indonesia mengalami pertumbuhan 5,8%

lebih rendah jika dibandingkan dengan pertumbuhan

tahun sebelumnya. Faktor yang menjadi penghambat laju

pertumbuhan ekonomi domestik tersebut dikarenakan

melemahnya nilai tukar rupiah dan tingkat inflasi yang melonjak

semenjak krisis perekonomian global melanda. Selain itu,

terdapat pula beberapa faktor yang menjadi penghambat laju

pertumbuhan ekonomi domestik misalnya adalah adanya efek

capital outflow serta terjadinya peningkatan defisit transaksi

berjalan di Indonesia. Besarnya nilai utang luar negeri swasta

jangka pendek yang sudah jatuh tempo juga menjadi salah

satu faktor meningkatnya instabilitas perekonomian Indonesia.

Hal tersebut menjadi alasan yang sama bagi beberapa negara

di dunia dalam perkembangan ekonomi negaranya, meski

demikian, pertumbuhan ekonomi Indonesia masih lebih baik

dibandingkan negara lainnya serta terbaik kedua setelah Cina

dalam pertumbuhan ekonomi Negara G-20.

Nilai inflasi selama tahun 2013 dalam kondisi yang stabil dan

terkendali sebesar 8,38%. Tekanan inflasi yang memuncak di

OVERVIEw OF INDONESIA’S MACRO ECONOMIC

CONDITION IN 2013

Indonesia’s economic growth was recorded at 5.8%, lower than

the previous year. One factor behind this decelerating trend

of domestic economic growth is the weakening of the rupiah

exchange rate and the spiraling inflation rates during the lingering

global economic crisis. Other factors inhibiting this growth, among

others, were capital outflow effects, namely the declining foreign

exchange reserves and the increasing current account deficit in

Indonesia. The large amount of short-term private foreign debt

that met its maturity also accounted for Indonesia’s economic

instability. These factors also posed similar impact on the other

countries’ economic development, yet Indonesia’s economic

growth remained solid compared to others as Indonesia took the

second place after China in terms of best economic growth among

G-20 countries.

Inflation rate in 2013 was stable and well-controlled at 8.38%. The

mounting pressures from inflation during the mid-year gradually

Peningkatan penyaluran kredit terhadap sektor usaha manufaktur yang menjadi fokus utama pasar kredit terus dilakukan dengan tetap menjaga kualitas kredit yang diberikan demi menjaga rasio NPL gross di bawah 2%

The increase in credit disbursement to the manufacturing sector continue to be the main focus for the credit markets furthermore was done by maintaining the quality of loans in order to maintain the gross NPL ratio below 2%



pertengahan tahun mulai mereda dan kembali normal pada

triwulan III di tahun 2013 lalu. Secara umum kondisi perbankan

domestik dalam kondisi yang stabil dan terkendali. Meskipun

mengalami tekanan sentimen secara global maupun dari

kondisi perekonomian domestik yang berjalan lamban, tidak

serta merta menjadi penghalang terkendalinya stabilitas

keuangan secara umum di Indonesia. Hal ini diperoleh dari

ketahanan industri perbankan yang tetap terjaga dengan

baik, baik dari sisi likuiditas, kredit, maupun permodalan

yang juga menunjukkan ketahanan industri perbankan yang

kuat terhadap berbagai risiko berupa perlambatan ekonomi,

kenaikan suku bunga dan depresiasi nilai tukar rupiah.

TInJAUAn USAhA BAnK

Peningkatan penyaluran kredit terhadap sektor usaha

manufaktur yang menjadi fokus utama pasar kredit terus

dilakukan dengan tetap menjaga kualitas kredit yang

diberikan demi menjaga rasio NPL gross di bawah 2%. Usaha

ini berhasil dilakukan oleh Bank dimana sepanjang tahun

2013, Bank mampu menghasilkan laba yang memuaskan di

tengah melambatnya perkembangan perekonomian global.

Pencapaian tersebut sekaligus menghantarkan Bank menjadi

perusahaan perbankan yang memberikan kontribusi kuat

dalam membangun keharmonisan kerjasama ekonomi antara

Indonesia dan Jepang.

Bank mencatat, pada tahun 2013, pendapatan bunga yang

terdiri dari bunga yang diperoleh serta provisi dan komisi

mencapai Rp 709,3 miliar, naik 8,32% dibandingkan dengan

tahun 2012 yang tercatat sebesar Rp654,8 miliar. Kenaikan

ini sebagian besar disebabkan oleh kenaikan bunga yang

diperoleh yang meningkat sebesar Rp52,6 miliar, naik 8,21%

dibandingkan dengan tahun 2012. Kenaikan jumlah kredit

yang diberikan sebesar Rp1,5 triliun selama tahun 2013, yang

terutama dimotori oleh kenaikan pada sektor industri otomotif

dan perdagangan besar.

Sedangkan jumlah beban bunga yang terdiri dari bunga yang

dibayar, provisi dan komisi, dan premi penjaminan di tahun

2013 sebesar Rp256,5 miliar, naik 3,48% dibandingkan dengan

tahun 2012 yang tercatat sebesar Rp247,9 miliar. Dengan

petered out and returned to normal in the third quarter of 2013.

Generally, the domestic banking condition was stable and well-

controlled. Global sentiments and the downturn in domestic

economy did not necessarily be a barrier to maintain financial

stability in Indonesia, as this stability was on the back of strong

banking resilience in view of liquidity, credit, and capital structure.

This also showed resilience against exposure to various risks such

as economic slowdown, the interest rate increase and rupiah

exchange rate depreciation.

BANK BuSINESS OVERVIEw

The increase in credit disbursement to the manufacturing sector

continue to be the main focus for the credit markets furthermore

was done by maintaining the quality of loans in order to maintain

the gross NPL ratio below 2%. The Bank maintened control during

year 2013 and was able to generate a satisfactory profit amidst

the global economic slowdown. This achievement further led the

Bank to be a solid company strongly contributing in developing

a harmonious economic relationship between Indonesia and

Japan.

In 2013, the Bank recorded the interest income consisting of the

interests, fees and commission that reached Rp 709.3 billion,

increase 8.32% compared to 2012 that was Rp654.8 billion. This

increasing was mostly caused by the increase of interest earned

that rose to Rp52.6 billion, an increase of 8.21% compared to 2012.

The loan disbursement (net) increased to Rp1.5 trillion in 2013,

primarily caused by the increase of the automotive industry sector

and wholesale trading.

Meanwhile, the amount of interest expense consisting of paid

interest, fees and commissions, and insurance premium in 2013

was Rp256.5 billion, up 3.48% compared to 2012, which reached

Rp247.9 billion. Thus, the Bank net interest income achieved



demikian, pendapatan bunga bersih yang diraih Bank adalah

sebesar Rp452,8 miliar, mengalami peningkatan 11,26%

dibandingkan dengan tahun 2012 sebesar Rp406,9 miliar.

Keberhasilan yang dicapai Bank jika dilihat dari total laba

bersih yang berhasil dibukukan selama tahun 2013 adalah

sebesar Rp516,9 miliar, nilai tersebut meningkat hingga 86,53%

dibandingkan dengan tahun sebelumnya yakni Rp277,2 miliar.

Pertumbuhan laba bersih ini didukung dari meningkatnya

jumlah pendapatan bunga kredit sebesar 3,22% dan

pendapatan bunga dari penempatan pada Bank lain sebesar

115,42%. Keuntungan dari penjualan gedung Kantor Pusat

Bank juga telah membantu mendongkrak pencapaian laba

bersih, dimana Bank berhasil membukukan laba bersih sebesar

Rp266,7 miliar yang sekaligus meningkatkan penguatan

permodalan (CAR) sekitar 0,79%.

Secara umum pendapatan yang diperoleh Bank berasal dari

pemberian kredit dan beberapa produk pendukung yang

disediakan untuk kebutuhan bisnis nasabah. Dengan tekad

dan keyakinan yang kuat, kami berusaha menghasilkan kinerja

produk yang lebih maksimal serta membawa kami dan usaha

perbankan yang telah kami jalani ke arah yang lebih baik

seiring dengan berjalannya waktu.

TInJAUAn OPeRASIOnAL BAnK

Peningkatan Good Corporate Governance (GCG) dan tingkat

kesehatan Bank merupakan salah satu fokus Bank di tahun

2013 selain peningkatan pemberian kredit dan penguatan

permodalan, berbagai upaya telah dilakukan guna

meningkatkan governance structure dan governance process

termasuk bekerjasama dengan beberapa konsultan eksternal

dalam memperbaiki 11 (sebelas) faktor GCG yang mengalami

penurunan. Masukan dan saran konsultan eksternal terhadap

peningkatan GCG terutama terhadap fungsi Kepatuhan,

Internal Audit, Manajemen Risiko dan pengembangan Sumber

Daya Manusia serta penyediaan dana besar secara bertahap

dilakukan di tahun 2013 dan 2014. Bank berkomitmen untuk

meningkatkan kualitas fungsi tersebut untuk mencapai

peningkatan penilaian GCG yang dituju.

Rp452.8 billion, an increase of 11.26% compared to 2012

amounting to Rp406.9 billion.

The Bank achievement viewed from the total net income for

2013, the Bank recorded Rp516.9 billion, an increase of 86.53%

compared to the previous year at Rp277.2 billion. This net income

growth was supported from the increasing of the interest income

that amounted to 3.22%, and interest from placements to other

banks at 115.42%. The benefit gain on sale of Head Office building

also helped to boost net profit, in which the Bank posted a net

profit of Rp266.7 billion while raising Capital Adequacy Ratio

(CAR) around 0.79%.

In general, the Bank earned income from loans and a number

of supporting products provided to cater customers’ needs.

With strong determination and confidence, we strived to create

optimum products which can bring us, along with our banking

business, to be in a better position.

BANK OPERATIONAL OVERVIEw

In addition to increase loans and capital strengthening, the

improvement of Good Corporate Governance (GCG) and the

Bank’s soundness condition is one of the Bank’s focuses in 2013.

Various attempts have been exerted to improve the governance

structure and governance process, including cooperating with

external consultants in improving 11 (eleven) GCG factors that has

decreasing. Any constructive input and advice from the external

consultants on the improvement of GCG, especially on the

function of Compliance, Internal Audit, Risk Management, Human

Resource and also large exposure gradually was conducted in

2013 and 2014. The Bank is committed to improve the quality of

these functions to achieve the expected improvement for GCG

assessment.



Kebijakan dan Strategi Manajemen Bank

Guna mengembangkan usaha Bank agar senantiasa tumbuh

sesuai dengan target yang telah di susun serta mampu

bersaing dengan baik di sektor perbankan nasional, Bank telah

menetapkan kebijakan dan strategi yang sejalan dengan Visi

dan Misi Bank. Lebih jauh lagi, di tahun 2013 Bank menetapkan

kembali Visi dan Misinya, diharapkan dengan Visi dan Misi yang

baru ini dapat lebih memantapkan arah perkembangan usaha

Bank di masa depan.

Peningkatan kualitas layanan dan pendapatan Bank baik dari

sisi pendanaan maupun penyaluran kredit serta optimalisasi

pemanfaatan layanan perbankan lainnya seperti trade finance

dan foreign exchange telah Bank lakukan sebagai jawaban dari

tantangan sulitnya persaingan yang timbul di dunia perbankan.

Guna memaksimalkan kontribusi kepada semua pihak yang

berkepentingan, Bank juga terus melakukan peningkatan

terhadap kualitas pelaksanaan GCG dan tingkat kesehatan

Bank dengan nilai komposit paling rendah 2 (dua), peningkatan

kualitas tersebut dilakukan dengan merujuk pada Peraturan

Bank Indonesia dan best practice di dunia perbankan.

Peningkatan ini dilakukan dengan meningkatkan fungsi dari

seluruh Divisi yang berhubungan dengan proses kredit Bank

terutama yang terkait dengan manajemen risiko perkreditan,

peningkatan proses analisa kredit termasuk proses analisa Batas

Maksimum Pemberian Kredit (BMPK) secara komprehensif dan

peningkatan fungsi Divisi Manajemen Risiko agar dapat lebih

fokus terhadap pemantauan risiko.

Perbaikan di bidang lain juga telah Bank lakukan, seperti

Divisi Sumber Daya Manusia untuk menciptakan sumber

daya manusia yang lebih berkualitas, Divisi Planning untuk

menciptakan strategi dan rencana yang berkesinambungan

dan menyeluruh, Divisi Kepatuhan agar tercipta budaya

patuh terhadap seluruh peraturan internal dan eksternal,

Divisi Audit (SKAI) dalam melakukan pengendalian internal

secara menyeluruh, dan juga Divisi Sistem untuk mendukung

kegiatan operasional Bank.

Bank Management’s Policy and Strategy

In order to develop the Bank’s business to keep growing according

to the set target, as well as to compete well in the national banking

sector, the Bank has determined policies and strategies in line with

the Bank’s Vision and Mission. Furthermore in 2013, the Bank has

established a new Vision and Mission for further expects a better

direction in enhancing the Bank’s business development in the

future.

The improvement of service quality and income of the Bank both

from funding and loan disbursement, as well as optimizing the

use of other banking services such as trade finance and foreign

exchange, has been done in response to the difficult challenges of

competition arising in the banking world.

In addition, to maximize the contribution to all interested parties,

the Bank continues to improve and maintain the quality of GCG

implementation and its sound performance of the Bank by setting

a minimum composite value of 2 (two). This quality improvement

is achieved by referring to the Bank Indonesia Regulation and best

practices in the banking world.

This improvement was made by improving the functions of all

Divisions related to credit process of the Bank, which specifically

related to credit risk management, credit analysis process

improvement, including comprehensive analysis of Legal Lending

Limit (LLL) and the enhance function of the Risk Management

Division to focus on risk monitoring.

The Bank has also made improvements in other Division, such as

to build more qualified human resources in the Human Resources

Division, to create sustainable and comprehensive plans and

strategies in Planning Division, to create a compliance culture

to all internal and external regulations in Compliance Division,

Inspection Division (SKAI) for comprehensive internal control, and

also System Division to support the Bank’s operational activities.



Beberapa langkah strategis yang telah diambil Bank adalah

sebagai berikut:

• Strategi Perkreditan

Dengan harapan dapat meningkatkan jumlah nasabah

Jepang maupun lokal, Bank menerapkan strategi sebagai

berikut:

1) Untuk meningkatkan nasabah Jepang, dengan

memanfaatkan arus investasi Jepang ke Indonesia

didukung dengan hubungan yang kuat dengan

Resona Bank, Ltd., Jepang, Bank yakin dapat

merangkul banyak calon nasabah Jepang terutama

untuk calon nasabah yang sebelumnya telah menjadi

nasabah Resona Bank, Ltd., Jepang.

2) Untuk meningkatkan nasabah lokal, yaitu dengan

memanfaatkan jaringan nasabah yang sudah ada

untuk membangun hubungan bisnis baru dengan

memperoleh informasi mengenai perusahaan

lokal yang berkualitas baik, serta mengoptimalisasi

kekuatan yang dimiliki Bank dalam proses

persetujuan transaksi, khususnya dalam hal

persetujuan kredit serta beberapa kebijakan bisnis

yang memberikan rasa nyaman kepada para nasabah

dan calon nasabah.

• Strategi Pendanaan

Penguatan sektor pendanaan dilakukan dengan

meningkatkan dana pihak ketiga baik yang bersumber

dari nasabah yang ada maupun nasabah baru dengan

memberikan suku bunga kompetitif berdasarkan dengan

risk appetite Bank. Penguatan pendanaan juga dilakukan

dengan menambah fasilitas interbank (lokal dan luar

negeri) dalam bentuk fasilitas kredit dan menerbitkan

surat utang berupa Medium Term Note (MTN) baik untuk

buffer liquidity maupun sumber pendanaan ekpansi kredit.

Some strategic ways that the Bank has taken are as follows:

• Credit Strategy

To increase the number of customers, both Japanese and

Local, the Bank implements these following strategies:

1) To increase Japanese customers, by leveraging

investment flow from Japan to Indonesia assisted by

Resona Bank Ltd., Japan, the Bank is confident to reach

many potential customers from Japan, especially for

prospective customers who have become Resona Bank

Ltd. Japan customers.

2) To increase local customers, by utilizing the existing

customer network to build new business relationships

by get information about qualified local companies

and also keeps optimizing the Bank’s strength for

transaction approval, especially in credit approval and

some business policies that providing sense of comfort

to customers and prospective customers.

• FundingStrategy

The strengthening of the funding sector is achieved by raising

third-party funds sourced from existing and new customers

by providing a competitive interest rates based on the Bank’s

risk appetite. The strengthening of funding is also done

by adding inter-bank (local and overseas) facilities in the

form of loan facilities and issuing debt securities in the form

of Medium Term Notes (MTN) for both liquidity buffer and

funding sources for loan expansion.



• Strategi Permodalan

Strategi permodalan yang diterapkan untuk memperkuat

basis permodalan melalui peningkatan laba yang berasal

dari bisnis utama Bank, pembagian cash dividend dengan

dividend payout rasio sekitar 25% serta menjual aset tetap

Bank yang dimiliki berupa tanah dan gedung kantor

pusat PT Bank Resona Perdania yang berlokasi di Jl. Jend.

Sudirman Kav. 40-41, Jakarta.

• Strategi Usaha

Meningkatkan kecepatan dan ketelitian dalam pelayanan

yang diberikan kepada nasabah sesuai dengan prosedur

operasional yang telah ditetapkan dan menerapkan

prinsip kehati-hatian.

• Strategi Pengembangan Sumber Daya Manusia (SDM)

dan Organisasi

Melakukan kerjasama dengan konsultan independen

untuk meningkatkan fungsi Divisi SDM dalam

perekrutan, pelatihan dan pendidikan dan pemetaan

strategi pengembangan yang secara bertahap akan

diimplementasikan untuk tercipta SDM yang benar-benar

berkualitas.

• Strategi Kepatuhan

Bekerjasama dengan konsultan independen untuk

mendapatkan masukan dan saran perbaikan terhadap

pelaksanaan fungsi kepatuhan di Bank dan menerapkan

rekomendasi tersebut dilingkungan Bank dan

dimonitoring oleh Tim GCG serta dilaporkan secara

berkala kepada Direksi oleh Divisi Kepatuhan. Selain itu

meningkatkan fungsi kepatuhan dengan merubah Unit

Kepatuhan menjadi suatu Divisi.

• Strategi Audit

Penyempurnaan terhadap program audit berbasis risiko

terus dilakukan oleh Bank, salah satunya dilakukan dengan

menyusun Risk Register berdasarkan risiko operasional

dan Control Self Assessment tahunan serta melalui proses

dengar pendapat dan lembar konfirmasi yang bertujuan

• CapitalStrategy

Capital strategy applied to strengthen the capital base

through increased profits from the main business of the Bank,

cash dividend distribution with dividend pay out ratio in the

range of 25% and also selling Bank’s fixed asset in the form

of land and building head office of PT Bank Resona Perdania

located on Jl. Jend. Sudirman Kav. 40-41, Jakarta.

• BusinessStrategy

Improving speed and accuracy to serve customers according

to the set operating procedures and implement the prudential

principles.

• HumanResources(HR)andOrganizationDevelopment

Strategy

Cooperates with independent consultant to improve the

function of HRD in recruitment, training and education

and also in mapping a development strategy that will be

implemented gradually to produce highly qualified HR.

• ComplianceStrategy

Cooperating with independent consultants to gain

suggestions and constructive input with regard to the

implementation of compliance function in the Bank, and

implement such recomendations in the Bank environment

and monitored by GCG Team and periodically reported to

the Board of Directors by the Compliance Division. Besides

that by increasing the compliance function is by upgrade the

Compliance Unit to become a Division.

• AuditStrategy

The improvement of the risk-based audit program is always

conducted by the Bank, one of which is done by arranging the

Risk Register based on operational risk and annual Control

Self Assessment and also through hearing memo process and

confirmation sheet to clarify the actual operational situation.



untuk mengklarifikasi situasi operasional secara aktual.

Peningkatan fungsi Audit Internal juga dilakukan dengan

menambah personel Divisi Audit, mengikuti pelatihan

serta bekerjasama dengan konsultan eksternal guna

mendapatkan masukan dan saran perbaikan dalam

meningkatkan kualitas pelaksanaan audit internal Bank.

• Strategi Sistem

Mempersiapkan sarana dan prasarana dalam rangka

relokasi data center telah berhasil dilakukan Bank, namun

Bank memutuskan untuk menunda relokasi terkait

dengan penundaan kepindahan Kantor Pusat Bank dari

rencana semula pada triwulan IV 2013. Pemindahan data

center dilakukan dengan tujuan meningkatkan efisiensi

dan keamanan data center.

• Strategi Manajemen Risiko

Perbaikan dan penyempurnaan atas penilaian profil risiko

Bank menjadi salah satu bagian dari review pelaksanaan

manajemen risiko secara menyeluruh oleh konsultan

eksternal. Proses penyempurnaan akan terus dilakukan

terhadap profil risiko dengan tetap memperhatikan Risk

Appetite dan Risk Tolerance, disamping itu pernyataan

Risk Appetite dan Risk Tolerance juga telah dikinikan agar

terintegrasi dengan rencana bisnis Bank.

• Jaringan Kantor

Relokasi Kantor Pusat Bank ke lokasi yang lebih strategis di

gedung Menara Mulia, Jl. Jend. Gatot Subroto yang dapat

dengan mudah diakses oleh nasabah, dan memberikan

kenyamanan bagi nasabah. Namun jadwal relokasi yang

sedianya dilakukan pada Oktober 2013 harus diundur

sampai dengan Januari 2014.

URAIAn KIneRJA KeUAnGAn BAnK

Aset

Berkat kerja dan usaha keras selama tahun 2013, Bank telah berhasil

membukukan aset senilai Rp 14,1 triliun, suatu peningkatan dari

nilai aset di tahun 2012 yang mencapai Rp 11,9 triliun. Tidak hanya

The improvement in Internal Audit function is also applied

by adding Inspection Division personnel and cooperating

with external consultant in order to obtain inputs and advice

for the improvement in enhancing the quality of the Bank’s

internal audit implementation.

• SystemStrategy

The Bank has successfully prepared facilities and

infrastructure for data centre relocation, but the Bank

decided to delay the relocation due to the Bank’s Head Office

relocation from initial plan is on quarter IV 2013. Data center

relocation is to improve the efficiency and security of the data

center.

• RiskManagementStrategy

The improvement on the assessment of the Bank’s risk

profile is part of a review of the overall risk management

implementation by external consultant. The improvement

process will always be done by considering Risk Appetite and

Risk Tolerance. In addition, the statement of the Risk Appetite

and Risk Tolerance has also been updated to integrate with

the Bank’s business plan.

• OfficeNetwork

The relocation of Bank’s Head Office is strategically located at

Menara Mulia Jl. Jend. Gatot Subroto, can be easily accessable

by customer, create comfort to customers. Although, the

relocation that have been scheduled on October 2013 had

been delayed until January 2014.

DESCRIPTION OF THE BANK’S FINANCIAL PERFORMANCE

Assets

The Bank has successfully recorded assets of Rp 14.1 trillion, as a

result of its hard work in 2013, an increase from the asset value

of Rp 11.9 trillion in 2012. In addition to this asset achievement,



peningkatan aset yang Bank dapat capai, hasil positif juga dicapai

Bank dengan pencapaian pemberian kredit (bersih) sebesar Rp 9,6

triliun, meningkat bila dibandingkan dengan tahun sebelumnya

sebesar Rp 8,2 triliun.

Kredit

Pencapaian pemberian kredit (bersih) yang mencapai Rp

9,6 triliun di tahun 2013 atau meningkat sebesar 18,17%

dibandingkan tahun 2012 sebagian besar berasal dari

peningkatan yang terjadi di sektor industri yang merupakan

target utama Bank dalam ekspansi kredit. Di tahun 2013

pemberian kredit di sektor ini mencapai Rp 4,5 triliun atau

meningkat sebesar 17,84% jika dibandingkan tahun 2012 yang

hanya mencapai Rp 3,8 triliun. Peningkatan kedua terbesar

disumbang oleh sektor perdagangan besar yang mencapai Rp

1,9 triliun di tahun 2013 atau mencatat pertumbuhan sebesar

35,14% jika dibandingkan tahun 2012 yang hanya mencapai

Rp 1,5 triliun.

Sehingga dapat disimpulkan bahwa Bank telah berhasil

mengembangkan portofolio kredit sesuai dengan target

dan arahan pengembangan portofolio Bank jangka panjang

yang menjadikan kredit manufaktur sebagai landasan

pengembangan kredit dimasa mendatang.

Tabel Portofolio KreditLoan Portfolio Table

Per Sektor Ekonomiby Economic Sector 2013 % 2012 % 2011 %

Industri Manufacturing

4.538.777.164.184 46,74 3.851.517.981.638 46,66 3.330.940.120.263 47,26

Pembiayaan dan asuransi Finance and insurance

934.567.174.551 9,62 899.315.031.195 10,89 868.032.785.717 12,32

Jasa usaha Business service

1.115.583.202.861 11,49 1.321.066.197.281 16,00 1.244.459.162.256 17,66

Perdagangan grosir Wholesales trading

1.990.006.578.671 20,49 1.472.500.732.681 17,84 1.054.809.778.994 14,97

Lainnya Others

1.132.459.429.969 11,66 710.166.386.086 8,60 549.896.358.577 7,80

Total 9.711.393.550.236 100 8.254.566.328.881 100 7.048.138.205.807 100

Cadangan Kerugian Penurunan NilaiAllowance of Impairment

(75.295.888.611) (100.368.274.176) (120.967.656.748)

Kredit - BersihLoans - Net

9.636.097.661.625 8.154.198.054.705 6.927.170.549.059

positive outcome also achieved by the Bank with loan (net)

disbursement reached the value of Rp 9.6 trillion, an increase

compared to the previous year of Rp 8.2 trillion.

Loan

The achievement of loan (net) disbursement is Rp 9.6 trillion

in 2013 which grew by 18.17% compared to 2012 is mostly

contributed by the increase in the industries sector which becomes

the Bank’s main target in expanding the loan. In 2013, the loan

disbursement in this sector reached Rp 4.5 trillion or increased by

17.84% compared to 2012 that was only Rp 3.8 trillion. The second

biggest increase is from the wholesales trading sector that reached

Rp 1.9 trillion in 2013 or recorded 35.14% growth compared to

2012 that was only Rp 1.5 trillion.

Finally, it can be concluded that the Bank has successfully

developed the loan portfolio based on targets and directions

of the Bank’s long-term portfolio development, which makes

manufacturing loan a basis for loan expansion in the future.


dalam Rupiah In Rupiah


Liabilitas

Liabilitas Bank secara konsolidasi di tahun 2013 mencapai

Rp 11,8 triliun atau meningkat sebesar 16,91% dari tahun

2012, pertumbuhan sisi liabilitas Bank terutama dipengaruhi

oleh pertumbuhan simpanan yang tumbuh sebesar 24,79%

jika dibandingkan dengan tahun 2012, simpanan di tahun

2013 mencapai Rp 6,8 triliun dari Rp 5,4 triliun di tahun 2012.

Pertumbuhan simpanan ini sesuai dengan rencana bisnis

Bank untuk memperkuat basis pendanaan yang berasal dari

simpanan. Pertumbuhan kedua terbesar di sisi liabilitas berasal

dari pinjaman yang diterima yang mencapai Rp 3,8 triliun

di tahun 2013 atau tumbuh sebesar 44,45% jika dibanding

tahun 2012 yang hanya mencapai Rp 2,7 triliun. Pertumbuhan

di pinjaman yang diterima terutama disebabkan oleh

pertumbuhan pinjaman dari Resona Bank, Ltd. Jepang yang

merupakan perusahaan induk Bank.

Simpanan

Keberhasilan strategi Bank untuk meningkatkan jumlah Dana

Pihak Ketiga ditandai dengan peningkatan simpanan dalam

bentuk giro, tabungan dan deposito berjangka yang meningkat

sebesar 24,79%, dari peningkatan tersebut sebagian besar

peningkatan berasal dari pertumbuhan simpanan berjangka,

dimana pada tahun 2013 Bank berhasil meningkatkan

simpanan berjangka sebesar 27,49% menjadi Rp 3,3 triliun di

tahun 2013 dari sebesar Rp 2,6 triliun di tahun 2012.

Pertumbuhan simpanan berjangka yang menjadi pendorong

utama pertumbuhan simpanan terutama berasal dari

pertumbuhan simpanan Berjangka dalam mata uang asing

yang meningkat sebesar 77,10% jika dibandingkan tahun 2012

yang hanya mencapai Rp 848,2 miliar.

Liability

Bank liabilities in 2013 reached Rp 11.8 trillion or increase of

16.91% from 2012, growth of Bank liabilities mainly influenced

by the deposit growth, which grew by 24.79% when compared

to 2012, deposit in 2013 reached Rp 6.8 trillion from Rp 5.4 trillion

in 2012. The deposit growth was in accordance with the Bank’s

business plan for strengthening the funding basis, which came

from deposit. The second largest growth from liabilities that is

borrowings, which reached Rp 3.8 trillion in year 2013, or growth

44.45% compared with year 2012 at Rp 2.7 trillion. This growth

from borrowings was mainly due to the borrowing growth from

Resona Bank, Ltd., Japan a parent company of the Bank.

Deposits

The success of the Bank’s strategy to increase the amount of

Third Party Fund was remarked by the increasing of deposit in

form of current account, saving, and time deposit that increased

by 24.79%. Time Deposit growth became the main stimulus for

growth in deposit. In 2013, the Bank managed to increase third-

party sources of funds that derived from time deposit by 27.49%

to become Rp 3.3 trillion in 2013 from only Rp 2.6 trillion in 2012.

Time Deposit growth, the main stimulus of the Bank deposits

which originated from the growth of foreign currencies time

deposits which increased by 77.10% compared to 2012 which was

Rp 848.2 billion.



Pinjaman Yang Diterima

Jumlah pinjaman yang diterima di tahun 2013 mencapai Rp

3,8 triliun atau meningkat sebesar 44,45% jika dibandingkan

dengan tahun 2012 yang hanya mencapai Rp 2,7 triliun.

Peningkatan ini terutama berasal dari peningkatan pinjaman

dari Resona Bank Ltd., Jepang, dimana selama tahun 2013

Bank telah menggunakan fasilitas pinjaman jangka panjang

sebesar USD 80 juta guna mendanai ekspansi kredit Bank serta

meningkatkan diversifikasi sumber pendanaan yang dimiliki

oleh Bank. Lebih jauh lagi, hal ini menunjukkan komitmen

yang kuat dari pemegang saham untuk mendorong laju

pertumbuhan Bank di masa depan.

Tabel Pinjaman Luar Negeri yang Diterima BankOffshore Borrowing Table

2013 2012 2011

dalam ribuan USD

In thousand USD

Resona Bank, Ltd, Tokyo 175.000 90.000 120.000

The Bank of East Asia, Hong Kong 30.000 30.000 30.000

Sumitomo Mitsui Trust Bank, Ltd, Singapura 40.000 60.000 60.000

The Japan Bank for International Cooperation 8.677 13.675 17.255

dalam ribuan JPY

In thousand JPY

The Japan Bank for International Cooperation 23.160 94.025 189.645

Permodalan

Pada 2013 permodalan Bank dari hasil laporan keuangan yang

telah di audit adalah sebagai berikut:

Borrowing

The total borrowings in 2013 reached Rp 3.8 trillion or increased

44.45% compared to 2012 which only reached Rp 2.7 trillion, this

increase was came mainly from increased borrowing from Resona

Bank, Ltd., Japan, in which throughout 2013 Bank has using long-

term loan facilities amounted USD 80 million was aimed at funding

its Bank loan expansion as well as increasing the diversification of

fund resources owned by the Bank. Furthermore, it demonstrates

a strong commitment from shareholders to encourage the Bank’s

growth in the future.

Capital

In 2013 the Bank’s capital from the audited financial statements

are as follows:



Tabel Permodalan BankBank’s Capital Table

2013 2012 2011

I. Komponen Modal Component of Capital

A. Modal inti Core Capital 1.895.924 1.502.968 1.347.818

1. Modal Disetor Paid-up Capital 285.000 285.000 285.000

2. Cadangan Tambahan Modal Additional Capital Reserves

a. Tambahan modal disetor Additional paid-in capital 116.788 116.788 116.788

b. Cadangan umum General reserves 1.407.441 1.049.211 852.558

c. Saldo laba yang tidak ditentukan penggunaannya setelah diperhitungkan pajak (100%)/

Unapropriated retained earnings after tax (100%)- 51.349 70.135

d. Laba tahun berjalan setelah diperhitungkan pajak (50%)/ Current year’s income after tax (50%) 256.740 139.690 123.257

e. Selisih transaksi perubahan ekuitas anak perusahaan Difference from equity changes on subidiary - - -

f. Selisih kurang antara PPA dan cadangan kerugian penurunan nilai aset produktif

Difference between provision for possible asset loss and provision for impairment value of earning assets

(148.931) (117.956) (69.050)

g. Aset tidak berwujud lainnya Other intangible assets - - (9.756)

h. Penyertaan (50%) Investment (50%) (21.114) (21.114) (21.114)

B. Modal Pelengkap (Maksimum 100% dari Modal Inti)SupplementaryCapital(Maximum100%ofCoreCapital) 82.286 115.223 105.345

1. Cadangan Revaluasi Aset Tetap Revaluation Increment on Premises and Equipment - 49.336 49.336

2. Cadangan Umum Penyisihan Penghapusan Aset Produktif (Maksimum 1,25% dari ATMR)

General Reserves of Allowance for Possible Losses on Earning Asset (Maximum of 1.25% of RWA)

103.400 87.001 77.123

3. Penyertaan (50%) Investment (50%) (21.114) (21.114) (21.114)

II. Total Modal Inti dan Modal Pelengkap Total Core and Supplementary Capital 1.978.210 1.618.191 1.453.162

III. Total Modal Total Capital 1.989.210 1.618.191 1.453.162




2013 2012 2011

IV. Aset Tertimbang Menurut Risiko (ATMR) RiskWeightedAssets(RWA) Untuk Risiko Kredit For Credit Risk 10.114.712 8.767.911 7.609.208

Untuk Risiko OperasionalFor Operational Risk 811.580 730.167 633.218

Untuk Risiko PasarFor Market Risk 91.217 12.870 4.381

KPMM dengan Memperhitungkan Risiko Kredit dan OperasionalCAR with Credit and Operational Risks 18,11% 17,04% 17,63%

KPMM dengan Memperhitungkan Risiko Kredit, Operasional dan PasarCAR with Credit, Operational and Market Risks 17,96% 17,01% 17,62%

*) Tidak termasuk pengaruh pajak tangguhan*) Exclude effect of deferred taxes

Selama tahun 2013, total modal Bank mengalami peningkatan

sebesar Rp 360,0 miliar menjadi Rp 1,9 triliun pada tahun

2013, atau meningkat sebesar 22,25%. Salah satu usaha Bank

dalam penguatan permodalan adalah dengan merealisasikan

penjualan aset tetap Bank yang dimiliki berupa tanah dan

gedung Kantor Pusat yang terletak di Jl. Jend. Sudirman Kav.

40-41. Bank berhasil meningkatkan modal sebesar 0,79% dari

hasil penjualan aset tetap tersebut dan pada akhir tahun 2013

CAR yang berhasil dicapai oleh Bank adalah sebesar 17,96%. Hal

ini merupakan perwujudan komitmen Bank dalam mencapai

pertumbuhan yang berkelanjutan karena Bank menyadari

bahwa pertumbuhan yang berkelanjutan harus didukung

dengan permodalan yang kuat.

Pendapatan Bunga Bersih

Selama tahun 2013, Bank memperoleh pendapatan bunga

bersih senilai Rp 452,8 miliar, dengan nilai tersebut terjadi

peningkatan sebesar 11,26% pada pendapatan bunga bersih

dibandingkan dengan tahun 2012 yang mencapai Rp 406,9

miliar. Pendapatan bunga bersih Bank didukung dengan

kenaikan pendapatan bunga sebesar Rp 54,5 miliar, yaitu

mencapai Rp 709,3 miliar di tahun 2013.

Throughout the year 2013, the Bank’s total capital increased

Rp 360.0 billion to become Rp 1.9 trillion in 2013, or increased

by 22.25%. One of the Bank’s effort in capital strengthening is

by the realization of the Bank’s fixed asset selling in the form of

the Head Office land and building located in Jl. Jend Sudirman

Kav. 40-41. The Bank success in improving capital 0.79% was the

result of a such fixed asset disposal at the end of year 2013, and

CAR successfully achieved by the Bank was 17.96%. This was the

realization of the Bank’s commitment in reaching sustainable

growth realizing that it should be supported by strong capital

fundamentals.

Net Interest Income

The Bank obtained a net interest income of Rp 452.8 billion in

2013, an increase of 11.26% of the net interest income compared

to 2012 which reached Rp 406.9 billion. Bank’s net interest income

is supported by the increase interest income of Rp 54.5 billion,

which reached Rp 709.3 billion in year 2013.



Berikut pendapatan bunga bersih yang berhasil dicatatkan

selama 3 (tiga) tahun terakhir:

2013 2012 2011

Pendapatan BungaInterest Income

Pendapatan yang diperoleh Revenue Earned 693.483 640.851 584.953

Provisi dan komisi Fees and Commission 15.812 13.978 14.314

Jumlah Pendapatan Bunga Total Interest Revenues 709.295 654.829 599.266

Beban Bunga Interest Expenses

Bunga yang DibayarInterest Incurred 242.186 234.897 210.352

Provisi dan Komisi Fees and Commission 2.230 1.968 1.829

Premi dan Penjamin Guarantee Premium 12.092 11.017 9.169

Jumlah Beban Bunga Total Interest Expenses 256.508 247.882 221.351

Pendapatan Bunga Bersih Interest Revenue-Net 452.786 406.946 377.915

Beban Bunga

Beban bunga mengalami kenaikan sebesar 3,48%, yaitu

mencapai Rp 256,5 miliar di tahun 2013. Penyebab utama

dalam hal ini adalah terjadinya peningkatan jumlah simpanan,

dimana total simpanan nasabah yang berhasil dicatat selama

tahun 2013 adalah sebesar Rp 6,9 triliun atau meningkat

sebesar Rp 1,3 triliun jika dibandingkan tahun 2012.

Laba Operasional

Selama tahun 2013, Bank mengalami penurunan laba

operasional sebesar Rp 34,9 miliar, dimana di tahun 2012

berhasil mencapai sebesar Rp 367,5 miliar, hal ini lebih

disebabkan oleh pembentukan Cadangan Kerugian Penurunan

Nilai (CKPN) yang mencapai Rp 81,6 miliar pada tahun 2013.

Berikut adalah komposisi laba operasional yang telah

dibukukan Bank selama tahun 2011 hingga 2013:

The following is recorded as the net interest income during last 3

(three) years:

Interest Expense

Interest expenses increased 3.48%, reaching Rp 256.5 billion in

year 2013. The main cause for this was the increase of deposit, in

which the total customer deposits recorded during the year 2013

amounted to Rp 6.9 trillion or increase Rp 1.3 trillion if compared

to year 2012.

Operating Profit

During year 2013, the Bank have a declining operating profit of

Rp 34.9 billion, where in 2012 the Bank have made to achieve Rp

367.5 billion. This was mainly due to the addition of Allowance of

Impairment Losses by Rp 81.6 billion in 2013.

Herewith is the composition accounted for as operating profit for

the Bank in 2011 until 2013:



Tabel Pendapatan Bunga Bersih Net Interest Income Table


PenDAPATAn DAn BeBAn OPeRASIOnAL LAInnYAOTHER OPERATING INCOME AND EXPENSES 2013 2012 2011

Pendapatan operasional lainnya Other operating revenue

Keuntungan transaksi mata uang asing - bersihProfit of foreign exchange - net 100.396 76.003 54.616

Provisi dan komisi lainnya Other fees and commission 34.579 29.597 31.400

Lain-lain – bersih Others-net 4.331 2.567 15.220

Jumlah Pendapatan Operasional LainnyaTotal Other Operating Income 139.306 108.167 101.236

Beban Cadangan Kerugian Penurunan NilaiProvision for Allowance for Impairment Losses 81.647 2.142 12.155

Beban Operasional LainnyaOther Operating Expenses 177.977 145.429 131.456

Beban Operasional Lainnya - BersihOther Operating Expenses - Net 120.318 39.405 42.374

Laba OperasionalOperating Profit 322.670 367.542 335.541

Kredit Bermasalah

Ditahun 2013, rasio NPL gross Bank adalah sebesar 1,23%, Bank

berhasil menurunkan rasio NPL gross hingga mencapai sebesar

0,53 point dari tahun 2012 sebesar 1,76%. Usaha penurunan

rasio NPL gross secara seksama telah dilakukan oleh Bank,

tercatat jumlah kasus kredit bermasalah yang berhasil

diselesaikan oleh Bank adalah sebanyak 2 (dua) kasus dengan

nilai kredit bermasalah yang dapat diselesaikan mencapai Rp

105,2 miliar.

RenCAnA STRATeGIS 2014

Dalam memasuki tahun 2014, Bank telah menyiapkan rencana

strategis agar Bank dapat lebih meningkatkan pelayanannya

kepada nasabah serta mendukung kegiatan bisnis dan

operasional Bank.

Sumber Pendanaan

Untuk meningkatkan sumber pendanaan, Bank akan lebih

memaksimalkan fungsi marketing Bank yaitu agar dapat

menarik nasabah yang sudah ada maupun nasabah baru

Non-performing Loans

In 2013, the Bank’s NPL gross ratio amounted to 1.23%, the Bank

was successful in reducing the NPL gross ratio by 0.53 point from

year 2012 which amounted to 1.76%. The effort to reduce the NPL

gross ratio has been carefully carried out by the Bank, the numbers

of cases of non-performing loans successfully completed by the

Bank were as 2 (two) cases with values that can be resolved for

nonperforming loans reached Rp 105.2 bilion.

STRATEGIC PLAN 2014

Entering 2014, the Bank has prepared a strategic plan to further

improve services to customers and support the Bank’s business

activities and operations.

Funding Source

In order to increase funding sources, the Bank will further

maximize the Bank’s marketing function in order to attract both

existing and new customers to deposit their funds in the Bank.



Tabel Pendapatan dan Beban Operasional LainnyaOther Operating Income and Expenses Table


untuk menyimpan dananya di Bank. Selain itu, Bank juga

akan menawarkan tingkat suku bunga yang kompetitif

kepada nasabah dengan mempersiapkan konsep sumber

pendanaan dengan biaya rendah. Serta Bank akan mencari

pendanaan baru dengan melakukan kerjasama dengan bank

lain. Dalam hal sumber pendanaan dari pihak asing, Bank

akan memperpanjang pinjaman luar negeri yang sudah ada

dan akan menambah fasilitas baru untuk mendukung laju

pertumbuhan kredit.

Kredit

Bank akan meningkatkan fungsi intermediasi Bank dalam

hal penyaluran kredit kepada debitur Jepang dan lokal di

Indonesia. Bank juga meningkatkan basis nasabah Bank

dengan menggunakan strategi referensi dari nasabah. Di

tahun 2014, Bank berencana untuk membuka Kantor Cabang

Pembantu di sebuah kota industri baru yaitu di Kota Deltamas,

Cikarang.

Rencana Bank dalam mengendalikan dan mempertahankan

tingkat NPL Bank yang rendah maka Bank akan meningkatkan

peran dan fungsi dari Divisi Credit Examination sebagai four

eyes dalam pemberian kredit. Memaksimalkan fungsi dan

tugas Seksi Pengawasan dan Penyelamatan Kredit dan terfokus

menjadi dua fungsi yaitu fungsi pemulihan dan penyelesaian

dan fungsi pemantauan dan analisa. Serta, Bank menerapkan

proses early alert untuk memastikan bahwa setiap potensi

memburuknya kualitas kredit dapat diidentifikasi sejak dini.

Dari sisi portofolio kredit, Bank masih tetap mempertahankan

sasaran pasar pada perusahaan yang bergerak di bidang

manufaktur, jasa keuangan, perdagangan, dan jasa usaha, yang

selama ini telah dikelola. Bank merasa yakin pangsa pasar ini

terutama manufaktur yang menjadi basis bisnis perusahaan

Jepang di Indonesia dapat mewujudkan strategi Bank dalam

melakukan ekspansi kredit di masa yang akan datang.

Pembelajaran mengenai pemberian kredit UMKM serta

penyusunan strategi yang tepat dalam memasuki pasar UMKM

akan menjadi fokus tambahan Bank dalam hal perkreditan,

komitmen Bank untuk memajukan perekonomian Indonesia

In addition, the Bank will also offer competitive interest rates to

the customers by preparing the concept of a low cost source of

funding. Furthermore, the Bank will look for new funding through

cooperation with other banks. In terms of funding from foreign

sources, the Bank will extend offshore borrowing and will add new

facilities to support the credit growth rate.

Loan

The Bank will increase its intermediation function in terms

of distributing lending to both Japanese and local debtors in

Indonesia. The Bank also improved its customer base by using

reference strategies from customers. In 2014, the Bank plans

to open Sub-Branch Office in a new industrial city named Kota

Deltamas in Cikarang.

The Banks’ plan in controlling and maintaining a low level for

NPL is realized through improving the role and functions of the

Credit Examination Division as a four eyes in loan disbursement.

Maximizing the role and functions of Credit Monitoring and

Recovery Section which focusing on two functions, namely

recovery and settlement function and monitoring and analysis

function. Moreover, the Bank performed an early alert process to

ensure that each specific aspect can be early identified.

From loan portfolio, the Bank is still retaining the target market of

a company engaged in manufacturing, financial services, trading,

and business service which has maintained. The Bank is convinced

that this particular market share especially manufacturing has

become the business basis for a Japanese company in Indonesia

and can be realized the Bank’s strategy in conducting future

expansion of loan.

The learning of MSMEs and the appropriate strategy arrangements

in entering the MSMEs market will become the Bank’s additional

focus in loan, the Bank’s commitment to promote Indonesia’s

economy will be re-examined, considering the great challenges



kembali diuji mengingat masuk kedalam pasar UMKM bukanlah

hal yang mudah bagi Bank. Namun Bank yakin dengan kerja

keras dan kesungguhan hati dari seluruh karyawan, Bank akan

berhasil melewati segala tantangan dengan baik.

Manajemen Risiko

Manajemen risiko Bank pada tahun 2014 mendatang akan

lebih meningkatkan budaya risiko kredit khususnya pada Risk

Taking Unit dengan melakukan review atas kasus-kasus yang

dialami serta membuat analisis dan mengkaji terjadinya kredit

bermasalah untuk menghindari terjadinya kejadian serupa.

Melakukan pengawasan likuiditas secara akurat dan efektif

dengan melakukan pengawasan harian atas kondisi likuiditas

Bank secara keseluruhan serta memastikan kondisi likuiditas

berada pada tingkat yang sesuai dengan risk appetite Bank.

Bank juga akan mempersiapkan standar likuiditas yang

sesuai dengan Quantitative Impact Study (QIS) khususnya

dalam proses indentifikasi, pengukuran, pemantauan dan

mitigasi risiko likuiditas jangka pendek Liquidity Coverage

Ratio (LCR). Prosedur operasi berbasis risiko dengan risk

appetite manajemen juga akan dikembangkan oleh Bank

dengan melakukan pembentukan fungsi-fungsi kerja di Divisi

Manajemen Risiko yang terfokus pada 3 (tiga) fungsi yaitu

fungsi yang berfokus pada risiko kredit, fungsi yang berfokus

pada risiko pasar dan likuiditas serta fungsi yang berfokus

pada risiko operasional dan risiko lainnya (stratejik, reputasi,

kepatuhan dan hukum).

Sistem Informasi Teknologi dan Akuntansi

Untuk menyesuaikan dengan perkembangan teknologi saat ini

dan untuk meningkatkan layanan perbankan, maka Bank akan

melanjutkan pengembangan dan peningkatan sistem informasi

dan teknologi untuk menunjang pengembangan bisnis Bank.

Bank juga akan mengembangkan sistem informasi teknologi

Bank sesuai dengan yang diwajibkan oleh instansi berwenang,

seperti: BI-LSMK, IFTI/ LTKL, BI-RTGS Gen-II, MPN Gen-II, dan

SKN-BI Gen-II serta melakukan pengembangan Disaster

Recovery Site. Bank juga akan melakukan penyempurnaan atas

sistem produksi neraca dan laporan harian Bank berdasarkan

PSAK 50&55 (Revisi 2006).

faced by the Bank when entering MSMEs market. Nevertheless,

the Bank believes that with hard work and sincere employees, the

Bank will rise to success through these challenges extremely well.

Risk Management

Risk management of the Bank in 2014 will improve more the credit

risk culture persists especially for the Risk Taking Unit on reviewing

cases and creating analysis and evaluating it to prevent the same

cases. Liquidity monitoring will be accurately and effectively

monitored daily and ensure the liquidity condition is in the level of

appropriate Bank’s risk appetite.

The Bank will also prepare the liquidity standard based on

the Quantitative Impact Study (QIS) particularly with the

identification, measurement, management, as well as short-term

liquidity risk mitigation of Liquidity Coverage Ratio (LCR). The

risk-based operational procedure of risk appetite management

will also be developed by the Bank by conducting the formation

of work function at the Risk Management Division which focus

on three functions namely a credit-risk focused function, market-

and-liquidity-risk focused function, and a function focused on

operational risk and other risks (strategic, reputation, compliance,

and legal).

Technology Information and Accounting System

In order to adapt to current technology, and to improve the

banking service, the Bank will continue to develop and enhance

information and technology system to support the Bank’s business.

The Bank is developing the Bank’s information and technology as

required by authoritative institutions, such as BI-LSMK, IFTI/ LTKL,

BI-RTGS Gen-II, MPN Gen-II, and SKN-BI Gen-II as well to prepare

Disaster Recovery Site. The Bank strive to perfect the Bank’s

reporting system based on to PSAK 50&55 (Revision 2006)



Audit

Dalam rangka untuk meningkatkan keahlian serta untuk

memperkuat pengetahuan auditor, Bank telah mengirim setiap

auditornya untuk mengikuti program persiapan sertifikasi

Certified Internal Auditor (CIA) dan Certified Information System

Auditor (CISA). Bank akan memastikan sumber daya SKAI cukup

dan efektif dengan membangun platform audit internal serta

akan terus meningkatkan pengawasan keamanan informasi

dan risiko sistem Bank.

Kepatuhan

Meningkatkan dan/ atau mempertahankan peringkat GCG Bank

minimal 2 atau baik akan tetap dilakukan oleh Bank, dengan

menindaklanjuti temuan Bank Indonesia, menindaklanjuti

action plan Bank sesuai dengan yang telah disampaikan ke

Bank Indonesia yang saat ini telah dialihkan ke Otoritas Jasa

Keuangan, menindaklanjuti hasil penilaian dari konsultan

independen serta memonitor atau melakukan pengawasan

aktif terhadap pelaksanaan hal-hal tersebut diatas. Kepatuhan

Bank terhadap peraturan-peraturan yang berlaku akan tetap

ditingkatkan salah satunya dengan cara meningkatkan sistem

sosialisasi peraturan internal dan eksternal kepada semua

karyawan Bank.

Sumber Daya Manusia

Bank mengadakan pendidikan/ pelatihan kepada seluruh

karyawan untuk meningkatkan kompetensi sumber daya

manusia, memaksimalkan program e-learning. Dan juga

meningkatkan efektifitas operasional, produktivitas kerja dan

meminimalisir risiko sehingga menghasilkan produktivitas staf

dan layanan yang lebih berkualitas.

PROSPeK USAhA

Melihat kinerja yang dihasilkan perbankan selama tahun

2013, Indonesia dapat dikatakan memiliki peluang yang relatif

sangat kecil dalam mengalami krisis yang bersumber dari

industri perbankan. Laba yang dihasilkan perbankan selama

tahun 2013 masih tumbuh positif, meskipun pertumbuhannya

tidak secepat tahun-tahun sebelumnya.

Audit

In order to improve expertise and to enhance the auditor’s

knowledge, the Bank has been sending each auditor to a program

to prepare for Certified Internal Auditor (CIA)/Certified Information

System Auditor (CISA). The Bank will ensure the adequacy and

effectiveness of SKAI sources by establishing an internal audit

platform and also will continue to improve security supervision of

the information and risk system of the Bank.

Compliance

Improving and/ or maintaining GCG rating minimum 2 or good

will still be performed by the Bank, by following-up on the findings

of Bank Indonesia, and the Bank’s action plan as submitted to

Bank Indonesia that currently already transferred to Indonesian

Financial Service Authority, furthermore the assessment results

from an independent consultant as well as monitoring or actively

supervising the implementation of these activities. The Bank’s

compliance towards the regulations will still be increased by

improving the socialization system for internally and externally

regulations to all the Bank’s employees.

Human Resources

The Bank conducted education/ training to all employees to

improve human resources competency, maximizing the e-learning

program. In addition, the traning is also conducted to improve the

operational aspects effectively, work productivity and minimize

risks, resulting in a higher quality of staff productivity and level of

service.

BuSINESS OuTLOOK

Considering the banking performance during 2013, Indonesia is

categorized to having little chance of experiencing a crisis within

the banking industry. Banking profit generated during 2013 was

heeded positive growth, although this growth was as not as fast

as in the previous years.



Di tengah berbagai tekanan pada perekonomian, khususnya

tekanan dari perekonomian global, stabilitas keuangan

perbankan tetap terjaga dengan dukungan ketahanan industri

perbankan yang solid. Rasio kecukupan modal tetap tinggi,

sedangkan rasio kredit bermasalah tetap terjaga rendah. Hingga

akhir tahun 2013, sistem keuangan perbankan menunjukkan

nilai Rasio Kecukupan Modal (CAR) sebesar 18,4%, yang

terhitung tinggi, jauh di atas ketentuan minimum sebesar 8%

serta menurunnya rasio kredit bermasalah NPL (non performing

loan) yang bernilai kisaran 1,91% pada triwulan III tahun 2013.

Dan meski masih pada level yang cukup tinggi, pertumbuhan

kredit mulai menunjukkan perlambatan sesuai dengan

perkembangan ekonomi. Pertumbuhan kredit pada akhir

tahun 2013 tercatat sebesar 22,2% (yoy), yang menunjukkan

adanya kelambatan dibandingkan pada pertengahan tahun.

Selain itu, dilihat dari hasil uji tekanan (stress test) industri

perbankan, baik dari sisi likuiditas, kredit, maupun permodalan,

kinerja perbankan menunjukkan adanya ketahanan yang

kuat terhadap berbagai risiko, seperti perlambatan ekonomi,

kenaikan suku bunga, dan depresiasi rupiah. Ke depan, Bank

Indonesia memperkirakan pertumbuhan kredit akan melambat

seiring dengan kenaikan suku bunga, perlambatan permintaan

domestik serta kebijakan makroprudensial Bank Indonesia.

Sementara itu, dari sisi pendanaan, pertumbuhan Dana Pihak

Ketiga (DPK) di akhir tahun 2013 tercatat sebesar 15,3%,

yang menunjukkan adanya peningkatan dibandingkan

pada pertengahan tahun. Peningkatan pertumbuhan DPK

tersebut terutama disebabkan oleh kontribusi peningkatan

pertumbuhan deposito seiring dengan kenaikan suku bunga

deposito.

Dengan latar belakang tersebut diatas, Bank cukup yakin dapat

mencapai target yang telah dicanangkan untuk tahun 2014

melalui penerapan strategi yang telah ditetapkan. Tentunya hal

ini juga tidak terlepas dari kerja keras dan kesungguhan hati

dari seluruh elemen Bank, mengingat Bank memiliki tujuan

yang lebih besar lagi, yaitu untuk mencapai nilai Aset sebesar

Rp 20 Triliun di tahun 2017.

Amid various pressures to the economy, particularly pressures

from the global economy, banking financial stability remained

well-maintained by the support of a resilient solid banking

industry. The capital adequacy ratio remained high, while the

Non-Performing Loans (NPL) ratio was maintained as low. By the

end of 2013, the financial banking system showed the value of the

Capital Adequacy Ratio (CAR) at 18.4%, which was comparatively

high, far above the minimum requirement of 8% and declining

of NPL which were worth a range of 1.91% in the third quarter

year 2013. And, although still at a fairly high level, loan growth

began to show a slowdown in accordance with the economic

development. Loan growth by the end of 2013 stood at 22.2%

(yoy), which indicated a delayed presence compared with the mid-

year. Moreover, judging from the results of stress tests on banking

industry, both in terms of liquidity, credit, and capital, banking

performance showed strong resistance to various risks, such as

economic slowdown, higher interest rates, and depreciation of the

rupiah. In the future, Bank Indonesia estimates the credit growth

will slow down due to higher rates, slowing domestic demand and

the macro prudential policy of Bank Indonesia.

In addition, within the funding aspects, the growth of Third-

Party Funds (DPK) by the end of year 2013 was recorded at 15.3%

indicating an increase compared to the middle of the year. The

growth improvement of DPK was primarily due to the contribution

of deposit growth improvements along with the increase in

deposit interest rates.

Within this setting, the Bank is reasonably convinced to achieve

the targets set forth in 2014 by the implementation of these

compelling strategies. However, this would not be possible without

the hard work and sincerity of all elements of the Bank, especially

when considering the Banks greater purpose, to reach assets with

a value of Rp 20 trillion in 2017.


Tata Kelola PerusahaanGood Corporate Governance



Penerapan prinsip-prinsip Tata Kelola Perusahaan Yang

Baik atau Good Corporate Governance (GCG) Bank jalankan

dengan berlandaskan pada Peraturan Bank Indonesia

(i) (PBI) No. 8/4/PBI/2006 tanggal 30 Januari 2006 yang telah

diubah dengan PBI No. 8/14/PBI/2006 tanggal 5 Oktober 2006,

(ii) Surat Edaran Bank Indonesia (SEBI) No. 15/15/DPNP, tanggal

29 April 2013 tentang Pelaksanaan Good Corporate Governance

Bagi Bank Umum serta kebijakan GCG Resona Bank, Ltd.,

Jepang, selaku Pemegang Saham terbesar Bank.

Penerapan GCG secara optimal telah menjadi komitmen

bersama yang senantiasa disempurnakan dari waktu ke waktu

seiring dengan perkembangan perekonomian negara ini.

Karena Bank yakin mampu menjadi Bank harapan masyarakat

Indonesia pada saat ini. Penerapan GCG secara konsisten dan

menyeluruh dalam setiap jenjang organisasi dan seluruh

aktivitas Bank didasarkan pada 5 (lima) prinsip GCG sebagai

berikut:

he implementation of Good Corporate Governance (GCG)

principles is conducted by the Bank in accordance with the

Bank Indonesia Regulation (PBI) (i) No. 8/4/PBI/2006 dated

January 30, 2006 and its amendment No. 8/14/PBI/2006 dated

October 5, 2006, (ii) Bank Indonesia Circular Letter No.15/15/DPNP,

dated April 29, 2013 concerning the Implementation of Good

Corporate Governance for Commercial Banks as well as the policy

of GCG of Resona Bank, Ltd., Japan, as the biggest Shareholder of

the Bank.

The optimum implementation of GCG has become a shared

commitment which is continuously refined from time to time in

line with the economy development of the country. Because the

Bank is confident to become the most reliable Bank for Indonesian

communities in the present time. The consistent and thorough

implementation of GCG in all levels of organizations, and in all of

the Bank’s activities are based on 5 (five) principles of GCG:

Penerapan GCG secara optimal telah menjadi komitmen bersama yang senantiasa disempurnakan dari waktu ke waktu seiring dengan perkembangan perekonomian negara ini. Karena Bank yakin mampu menjadi Bank harapan masyarakat Indonesia pada saat ini.

The optimum implementation of GCG has become a shared commitment which is continuously refined from time to time in line with the economy development of the country. Because the Bank is confident to become the most reliable Bank for Indonesian communities in the present time.

T



Transparansi Keterbukaan Bank dalam

mengemukakan informasi yang

material dan relevan dalam

melaksanakan proses pengambilan

keputusan.

Akuntabilitas Kejelasan fungsi, pelaksanaan dan

pertanggungjawaban tiap posisi

dalam organisasi Bank sehingga

pengelolaan perusahaan berjalan

secara efektif.

Pertanggung jawaban Bank berkomitmen untuk mematuhi

semua peraturan perundangan

yang berlaku dan prinsip‐prinsip

pengelolaan bank yang sehat.

Independensi Pengelolaan Bank dilakukan secara

profesional dan independen dari

potensi tekanan akibat benturan

kepentingan.

Kewajaran Mencakup kesetaraan untuk

memastikan perlakuan yang adil

dan setara dalam melindungi

hak‐hak pemangku kepentingan

(stakeholder) sesuai peraturan yang

berlaku.

Tujuan Tata Kelola Perusahaan yang Baik

Manajemen memiliki keyakinan bahwa dengan integritas yang

tinggi dan konsitensi dalam penerapan prinsip-prinsip GCG

akan membawa manfaat yang signifikan bagi Bank Resona

Perdania dan juga para pemangku kepentingan (stakeholders),

yaitu dengan cara-cara sebagai berikut:

• Menjaga komitmen manajemen dalam menerapkan

prinsip-prinsip transparansi, akuntabilitas,

pertanggungjawaban, independensi, dan kewajaran

serta kehati-hatian dalam pengelolaan Bank.

Transparency Bank’s transparency in expressing

material and relevant information in

the decision making process.

Accountability Clarity of function, implementation

and accountability of each position

in the Bank’s organization, therefore

the management company running

effectively.

Responsibility Bank’s commitment to comply with

all applicable laws and regulations

and the principles of sound bank

management.

Independency Bank management is runs

professionally and independent from

the potential pressure of conflict of

interest.

Fairness Includes equality to ensure fair and

equal treatment in protecting the

rights of stakeholders in accordance

with applicable regulations.

Purposes of Good Corporate Governance

Management believes that with high integrity and consistency

in implementing GCG principles will result in significant benefits

both for Bank Resona Perdania and stakeholders, with methods

such as:

• Maintaining the management commitment in practicing

the principles of transparency, accountability, responsibility,

independency and fairness as well as prudence in managing

the Bank.


• Memperbaiki kinerja, meningkatkan efisiensi dan

melindungi kepentingan stakeholders.

• Meningkatkan kemampuan untuk mengakses sumber

dana yang fleksibel dan berbiaya rendah.

• Mendorong dan meningkatkan minat dan kepercayaan

investor.

• Melindungi Bank dari intervensi luar dan kasus hukum.

STRUKTUR TATA KeLOLA PeRUSAhAAn

Dewan Komisaris

Bank memiliki 4 (empat) anggota Dewan Komisaris yang

terdiri dari satu orang Presiden Komisaris Independen, satu

orang Komisaris Independen dan dua orang Komisaris Non-

Independen. Sesuai Anggaran Dasar PT Bank Resona Perdania,

anggota Dewan Komisaris diangkat oleh Rapat Umum

Pemegang Saham (“RUPS”) untuk jangka waktu tiga tahun, dan

memungkinkan diangkat kembali pada saat masa jabatannya

berakhir.

Tugas dan Tanggung Jawab Dewan Komisaris

Dewan Komisaris telah melaksanakan tugas dan tanggung

jawabnya secara independen, sebagai berikut:

(1) Memastikan pelaksanaan GCG dalam setiap usaha Bank di

seluruh tingkat atau jenjang organisasi, berupa:

• Adanya transparansi dan keterbukaan informasi secara

lengkap, akurat dan tepat waktu, antara lain mengenai

laporan keuangan Bank;

• Memastikan akuntabilitas setiap organ Bank;

• Kepatuhan Bank terhadap peraturan perundangan

yang berlaku;

• Pengungkapan transaksi yang mengandung benturan

kepentingan secara wajar dan adil, dan tanpa ada

pengaruh dari pihak lain.

• Perlakuan yang adil terhadap pemegang saham

minoritas dan pemangku kepentingan lainnya.

(2) Melaksanakan fungsi pengawasan terhadap tugas dan

tanggung jawab Direksi, serta memberikan nasihat kepada

Direksi dengan cara:

• Improvingperformance,increasingefficiencyandprotecting

the stakeholders’ interests.

• Improving the ability to access flexible and low cost fund

sources.

• Encouraging and improving investors’ interest and

confidence.

• Protecting the Bank from external intervention and legal

cases

STRuCTuRE OF GOOD CORPORATE GOVERNANCE


The Bank has 4 (four) members of the Board of Commissioners

which consists of one Independent President Commissioner,

one Independent Commissioner and two Non-Independent

Commissioners. Pursuant to the Articles of Association of PT

Bank Resona Perdania, members of Board of Commissioners are

appointed by the General Meeting of Shareholders (“GMOS”) with

three-years period tenure, and may be reappointed when the

tenure expires.

Duties and Responsibilities of The Board of Commissioners

Board of Commissioners has carried out its duties and

responsibilities independently, as follows:

(1) Ensure the implementation of GCG in each Bank business at all

levels or organization level, such as:

• Transparencyanddisclosureof information incomplete,

accurate and on time, among others the Bank’s financial

statements;

• AccountabilityofeverypartoftheBank;

• Bank’scompliancewithprevailingrulesandregulations;

• Disclosure of conflict of interest transaction is fair and

equitable, and without any influence from other parties.

• Fair treatment to the minority shareholder and other

stakeholders.

(2) Carrying out the function of supervising to the duties and

responsibilities of the Board of Directors, and also providing

advice to the Board of Directors by:



• Mengarahkan, memantau dan mengevaluasi

pelaksanaan kebijakan strategis Bank, termasuk

kebijakan-kebijakan Bank yang wajib memperoleh

persetujuan Dewan Komisaris, sebagaimana yang

dipersyaratkan oleh Peraturan Bank Indonesia;

• Tidak terlibat dalam pengambilan keputusan terkait

dengan kegiatan operasional Bank.

(3) Memastikan bahwa Direksi telah menindaklanjuti temuan

audit dan rekomendasi dari Satuan Kerja Audit Internal

Bank, auditor eksternal, hasil rekomendasi pengawasan

Bank Indonesia dan/ atau pengawasan otoritas lain.

(4) Membentuk Komite Audit, Komite Pemantau Risiko,

Komite Remunerasi dan Nominasi. Pengangkatan anggota

komite dilakukan oleh Direksi berdasarkan keputusan rapat

Dewan Komisaris.

(5) Memastikan bahwa komite yang telah dibentuk

melaksanakan tugasnya secara efektif.

(6) Menyusun pedoman dan tata tertib kerja (Code of Conduct)

yang mengikat anggota Dewan Komisaris, yang mencakup:

• Benturan kepentingan

• Kepatuhan pada hukum, aturan dan peraturan yang

berlaku

• Prosedur kepatuhan

• Waktu kerja

• Jadwal rapat Dewan Komisaris

(7) Hadir di dalam rapat-rapat penting seperti Rapat Direksi,

Rapat Kredit, dan Rapat Komite Manajemen Risiko.

untuk memantau dan melaksanakan fungsi pengawasan

secara langsung terhadap operasional Bank agar sesuai

dengan Kebijakan Bank, Anggaran Dasar, PBI, peraturan

perundangan lain yang berlaku efektif dan sah.

• Directing,evaluatingandmonitoringtheimplementation

of the Bank’s strategic policy, including Bank policies

which mandatory have the Board of Commissioners

approval, as required by Bank Indonesia Regulation;

• Do not involve in decision-making related to the Bank

operational activity.

(3) Ensure that the Board of Directors has been following up on audit

findings and recommendations of the Bank’s Internal Audit Task

Force, the external auditors, and the recommendation from Bank

Indonesia supervision and/or other authorities.

(4) Establish an Audit Committee, Risk Monitoring Committee,

Remuneration and Nomination Committee. The appointment

of committee members are done by Board of Directors based

on the decision made in the Board of Commissioners meeting.

(5) Ensure that the formed committee are doing their duties

effectively.

(6) Develop guidelines and Code of Conduct that binds the

members of Board of Commissioners, which includes:

• Conflictofinterest

• Compliancewithlaws

• Complianceprocedures

• Workingtime

• ScheduleofmeetingsofBoardofCommissioners

(7) Attendance in important meetings such as the Board of

Directors Meeting, Credit Meeting and Risk Management

Committee Meeting, to monitor and carry out oversight

function directly to the Bank’s operations are conforming

in the Bank’s Policy, Article of Association, Bank Indonesia

Regulation, other legislation which is effective and legitimate.



Rapat Dewan Komisaris

Selama tahun 2013, Dewan Komisaris telah mengadakan 16

kali rapat dengan kehadiran, sebagai berikut:

no Dewan KomisarisBoard of Commissioners

KehadiranAttendance

Jumlah Rapat Total Meeting

1. Didi Nurulhuda 16 16

2. Abdul Haris Hartanto 16 16

3. Cheng Shui-Hee, Gary 10 16

4. Atsushi Tahara 14 16

Direksi

Bank memiliki 7 (tujuh) orang sebagai anggota Direksi yang

terdiri dari 1 (satu) orang Presiden Direktur, 1 (satu) orang Wakil

Presiden Direktur, 1 (satu) orang Direktur yang Membawahkan

Fungsi Kepatuhan dan 4 (empat) orang Direktur. Direksi

bertanggungjawab penuh atas kegiatan kinerja Bank Resona

Perdania baik operasional maupun manajerial.

Tugas dan Tanggung Jawab Direksi

Direksi telah melaksanakan tugas dan tanggung jawab atas

pelaksanaan kepengurusan Bank sebagai berikut:

(1) Mengelola Bank sesuai dengan kewenangan dan

tanggungjawabnya sebagaimana diatur dalam Anggaran

Dasar dan peraturan perundang-undangan yang berlaku.

(2) Menerapkan prinsip-prinsip GCG dalam setiap kegiatan

usaha Bank pada semua tingkatan atau jenjang organisasi.

(3) Menindaklanjuti temuan audit dan rekomendasi dari

Satuan Kerja Audit Internal Bank, auditor eksternal, hasil

pengawasan Bank Indonesia dan/ atau hasil pengawasan

otoritas lain.

(4) Mempertanggungjawabkan pelaksanaan tugasnya kepada

Pemegang Saham melalui Rapat Umum Pemegang Saham.

Meetings of The Board of Commissioners

Throughout 2013, the Board of Commissioners has conducted 16

meetings with the following details:

Board of Directors

The Bank has 7 (seven) members of Board of Directors which

consists of 1 (one) President Director, 1 (one) Vice President

Director, 1 (one) Director who in charge for Compliance Function

and 4 (four) Directors. The Board of Directors is fully responsible

on the performance of Bank Resona Perdania, both in operational

and managerial level.

Duties and Responsibilities of The Board of Directors

The Board of Directors has undertaken the duty and responsibility

for the implementation of the Bank’s management as follows:

(1) Managing the Bank in accordance with the authority and

responsibilities as stipulated in the Articles of Association and

the laws in force.

(2) Implementing the principles of Good Corporate Governance

in each Bank activities at all levels of the organization.

(3) Follow up on audit findings and recommendations of the

Bank’s Internal Audit Task Force, the external auditors, the

results of the supervision of Bank Indonesia and/or the results

of other authorities.

(4) Hold responsible for performance of its duties to the

Shareholders through General Shareholder’s Meeting.



(5) Tidak menggunakan penasihat perorangan dan/atau jasa

profesional sebagai konsultan kecuali jika memenuhi

persyaratan sebagai berikut:

a. Proyek berkarakteristik khusus;

b. Berdasarkan kontrak yang jelas, paling sedikit meliputi

lingkup kerja, tanggung jawab dan masa kerja serta

biaya yang terlibat;

c. Konsultan adalah pihak independen yang memiliki

kualifikasi untuk bekerja pada proyek yang

berkarakteristik khusus sebagaimana dimaksud pada

huruf a.

(6) Memberikan data dan informasi yang akurat, relevan dan

tepat waktu kepada Dewan Komisaris.

(7) Memiliki pedoman dan tata tertib kerja (Code of Conduct)

yang bersifat mengikat bagi setiap anggota Direksi, yang

mencakup:

• Benturan kepentingan;

• Kerahasiaan;

• Ketaatan pada peraturan-peraturan yang berlaku;

• Melaporkan hal-hal yang melanggar peraturan/ hal

yang tidak etis;

• Prosedur kepatuhan;

• Waktu kerja;

• Jadwal rapat Direksi.

Semua keputusan yang dibuat Direksi sesuai dengan pedoman

dan tata tertib kerja mengikat dan menjadi tanggung jawab

seluruh anggota Direksi.

Rapat Direksi

Setiap keputusan dan kebijakan strategis ditetapkan melalui

rapat Direksi, setiap pengambilan keputusan dilakukan

berdasarkan musyawarah mufakat dan hasil rapat Direksi

dituangkan dalam risalah rapat dan diadministrasikan dengan

baik termasuk jika terdapat pendapat-pendapat yang berbeda

(dissenting opinion). Selama tahun 2013, Direksi telah bertemu

dalam 27 kali rapat dengan catatan kehadiran, sebagai berikut:

(5) Do not use a personal advisor and/or professional services as

a consultant unless it fulfill the following requirements:

a. Project with specific characteristic;

b. Based on the clear contract, at least covering the scope of

work, responsibilities and working time and also the costs

involved;

c. Consultant is an independent party qualified to work on

special projects characterized as referred to paragraph a.

(6) Provide data and accurate information that is, relevant and

on time to the Board of Commissioners.

(7) Have guidelines and Code of Conduct which are binding to

each member of the Board of Directors, which includes:

• Conflictsofinterest;

• Confidentiality;

• Compliancewithlaws;

• Reportunlawful/unethical;

• Complianceprocedure;

• Workingtime;

• ScheduleofMeetingofBoardofDirectors.

All decisions which made by Board of Directors are in accordance

with the guidelines and binding work rules and the responsibility

of all members of the Board of Directors.

The Board of Directors Meetings

Each decisions and strategic policies are resolved in the Board of

Directors meeting, any decisions made are based on consensusal

agreement and the result documented in the minutes of meeting

and was properly administrated, including any dissenting

opinions. Throughout 2013, 27 Board of Director’s meeting was

conducted with attendance records as follows:



no Direksi Board of Directors

KehadiranAttendance

Jumlah Rapat Total Meeting

1. Akihiro Miyamoto 27 27

2. Shiro Saito 26 27

3. Jojo Projoga *) 27 27

4. Iding Suherdi 27 27

5. Marie Ito 26 27

6. Muhammad Akbar 25 27

7. Masahiro Ishii 26 27

*) Direktur yang Membawahkan Fungsi Kepatuhan*) Directur in Charge for Compliance Function

Tanggung Jawab Pelaporan Tahunan

Dewan Komisaris dan Direksi bertanggung jawab terhadap

Laporan Tahunan 2013 dan seluruh informasi yang terkandung

di dalamnya.

KOMITe-KOMITePembentukan Komite-komite antara lain bertujuan untuk

membantu efektivitas tugas pengawasan Dewan Komisaris

dalam upaya memperkuat implementasi GCG dan segenap

Komite-komite tersebut bertanggung jawab langsung kepada

Dewan Komisaris.

Komite Audit

Komite Audit melakukan pemantauan dan evaluasi atas

perencanaan dan pelaksanaan audit serta pemantauan atas

tindak lanjut hasil audit dalam rangka menilai kecukupan

pengendalian intern termasuk kecukupan proses pelaporan

keuangan dan memberi rekomendasi/ melaporkan langsung

ke Dewan Komisaris.

Komite Audit memiliki akses langsung ke laporan audit internal

dan laporan lainnya bila diperlukan.

Responsibility of Annual Report

The Board of Commissioners and Board of Directors are responsible

for the 2013 Annual Report and all information contained therein.

COMMITTEES

The establishment of Committees, among other, aims to assist the

effective monitoring of the Board of Commissioners in an effort

to strengthen the implementation of GCG. All Committees are

directly responsible to the Board of Commissioners.

Audit Committee

The Audit Committee performs monitoring and evaluation

of the audit plan and implementation as well as following-

up audit results in order to evaluate the adequacy of internal

control, including the adequacy of financial reporting process

and providing recommendations/ reports directly to the Board of

Commissioners.

The Audit Committee has direct access to internal audit report and

other reports necessary.



Komite Audit membantu Dewan Komisaris dalam pemberian

pendapat maupun saran atas laporan Direksi serta

mengidentifikasi hal-hal yang membutuhkan perhatian segera

dari Dewan Komisaris. Untuk itu, Komite Audit juga melakukan

pengawasan dan mengevaluasi proses pelaporan keuangan,

serta mengundang manajemen dan auditor eksternal untuk

membahas hal-hal mengenai keuangan internal Bank Resona

Perdania. Komite Audit patut memberikan rekomendasi

mengenai penunjukan Akuntan Publik dan Kantor Akuntan

Publik kepada Dewan Komisaris untuk disampaikan kepada

Rapat Umum Pemegang Saham. Anggota Komite Audit Bank

terdiri dari 1 (satu) orang Komisaris Independen, 1 (satu) orang

tenaga ahli independen di bidang keuangan/ akuntansi, dan

1 (satu) orang tenaga ahli independen di bidang hukum dan

perbankan.

Komite Pemantau Risiko

Komite Pemantau Risiko bertanggung jawab untuk

mengevaluasi konsistensi antara kebijakan manajemen

risiko dengan implementasinya. Komite Pemantau Risiko

bertanggung jawab atas survey link dan evaluasi kinerja

Komite Manajemen Risiko dengan memberikan rekomendasi

kepada Dewan Komisaris. Komite Pemantau Risiko terdiri dari 1

(satu) orang Komisaris Independen, 1 (satu) orang tenaga ahli

independen di bidang keuangan, dan 1 (satu) orang tenaga

ahli independen di bidang manajemen risiko.

Komite Remunerasi dan nominasi

Komite Remunerasi dan Nominasi Bank terdiri dari 2 (dua)

orang Komisaris Independen dan 1 (satu) orang pejabat yang

membawahi Sumber Daya Manusia (SDM). Komite Remunerasi

dan Nominasi ini bertanggung jawab melakukan evaluasi dan

memberikan rekomendasi terhadap kebijakan remunerasi

dan nominasi Bank. Komite Remunerasi dan Nominasi juga

memberikan rekomendasi mengenai prosedur pemilihan dan/

atau penggantian anggota Dewan Komisaris dan Direksi.

The Audit Committee assists the Board of Commissioners in giving

opinions and suggestions on the Board of Directors’ reports and

identifying aspects which need immediate attention from the

Board of Commissioners. Thus, the Audit Committee also conducts

monitoring and evaluating the process of financial reporting, as

well as inviting management and external auditor to discuss the

aspects concerning the internal finance of Bank Resona Perdania.

The Audit Committee should provide recommendations regarding

the appointment of Public Accountant and Public Accountant

Office to the Board of Commissioners to be delivered in General

Meeeting of Shareholders. Members of the Bank’s Audit Committee

consists of 1 (one) person Independent Commissioner, 1 (one)

person independent experts in financial/ accounting sector, and

1 (one) person independent experts in legal and banking sector.

Risk Monitoring Committee

Risk Monitoring Committee is responsible to evaluate the

consistency between the risk management policy and the

implementation of risk management policy. The Risk Monitoring

Committee is responsible for the survey link and evaluate the

performance of Risk Management Committee by providing

recommendations to the Board of Commissioners. Risk Monitoring

Committe consists of 1 (one) person Independent Commissioner, 1

(one) person independent experts in financial sector, and 1 (one)

person independent experts in risk management sector.

Remuneration and Nomination Committee

The Remuneration and Nomination Committee of the Bank

consists of 2 (two) Independent Commissioners and an officer

who in charge for Human Resources (HR). This Remuneration

and Nomination Committee is responsible to evaluate and

provide recommendations toward the Bank’s remuneration and

nomination. The Remuneration and Nomination Committee also

provides recommendations regarding the selection procedures

and/ or replacing members of the Board of Commissioners and

the Board of Directors.




STRUKTUR TATA KeLOLA PeRUSAhAAnSTRuCTuRE OF CORPORATE GOVERNANCE

Organ Pendukung

Supporting Organ

Rapat Umum Pemegang Saham (RUPS)General Meeting of Shareholders (GMOS)

Organ UtamaMain Organ

Dewan KomisarisBoard of Commissioners

Komite AuditAudit Committee

Komite Pemantau RisikoRisk Monitoring Committee

Komite Remunerasi & NominasiRemuneration and Nomination

Committee

DireksiBoard of Directors

Divisi Manajemen RisikoRisk Management Division

Komite KreditCredit Committee

Komite Kebijakan KreditCredit Policy Committee

Komite Manajemen RisikoRisk Management Commitee

ALCO

Divisi Business Development 1 - 8Business Development Division 1 - 8

GCG Task Force Team

Divisi PlanningPlanning Divison

Divisi Credit ExaminationCredit Examination Division

SKAIInspection Division

Divisi KepatuhanCompliance Division

Berdasarkan hasil Self Assessment Pelaksanaan Good Corporate Governance (GCG) tahun 2013 disimpulkan bahwa Bank Resona

Perdania telah menerapkan GCG sesuai dengan ketentuan yang berlaku, walaupun dalam operasional dan pelaporan masih

terdapat kelemahan yang bersifat kesalahan manusia (human error), namun sejauh ini hal tersebut tidak memberikan dampak

yang berarti terhadap operasional Bank. Bank telah melakukan penilaian dengan menggunakan Kertas Kerja Self Assessment

Pelaksanaan GCG yang meliputi 11 (sebelas) faktor penilaian sesuai dengan ketentuan yang berlaku dengan nilai komposit 2 (dua)

dan termasuk dalam Predikat Komposit “Baik”.

Based on the result of Self Assessment, the implementation of Good Corporate Governance (GCG) in 2013, concluded that Bank Resona

Perdania has implemented the GCG in line with the applicable rules, despite the few human errors in the operational and reporting,

however it did not affect the Bank operation. The Bank has conducted assessment by use of Self-Assesment GCG Working Paper, including

11 (eleven) assessment factors have obtained composit values 2 (two) and included in the Composited Predicate as “Good”.


SISTeM KePATUhAnDivisi Kepatuhan adalah pihak independen dan bebas dari

segala pengaruh satuan kerja lainnya, melaporkan secara

langsung kepada Direktur yang Membawahkan Fungsi

Kepatuhan untuk memastikan terlaksananya prinsip-prinsip

kepatuhan dalam proses manajemen serta untuk membantu

pengambilan langkah-langkah yang tepat dalam menerapkan

budaya kepatuhan. Divisi Kepatuhan mendukung kerja

Direktur yang Membawahkan Fungsi Kepatuhan dan kegiatan

operasional yang terkait dengan fungsi kepatuhan. Kebijakan

dan landasan kepatuhan Bank Resona Perdania berperan

sebagai panduan dalam pembentukan budaya kepatuhan dan

etika kerja yang baik. Untuk menciptakan budaya kepatuhan

tersebut Divisi Kepatuhan selalu melakukan beberapa hal,

diantaranya:

1. Menginformasikan keberadaan peraturan yang harus

dijadikan pedoman;

2. Mengadakan sosialisasi dan seminar terhadap ketentuan-

ketentuan baru baik internal dan eksternal;

3. Menyediakan sarana untuk membaca dan mengetahui

peraturan;

4. Memonitor kepatuhan terhadap peraturan-peraturan

dalam pelaksanaan operasional Bank.

Pelatihan dan Sosialisasi Kepatuhan

Divisi Kepatuhan secara berkala menyelenggarakan pelatihan

dan sosialisasi kepada karyawan mengenai Peningkatan

Budaya Kepatuhan, Pelaksanaan Fungsi Kepatuhan, Kebijakan

Kepatuhan, Pedoman Kepatuhan, Penerapan Pedoman Anti

Pencucian Uang dan Pencegahan Pendanaan Terorisme,

peraturan internal dan eksternal dan hal-hal lain yang terkait

dengan pelaksanaan prinsip kehati-hatian, agar dalam

melaksanakan tugas karyawan selalu berpedoman pada

peraturan dan undang-undang yang berlaku.

Struktur Kepatuhan

Fungsi kepatuhan Bank merupakan tanggung jawab Direktur

yang Membawahkan Fungsi Kepatuhan, Divisi Kepatuhan

dan Unit Legal. Dewan Komisaris secara proaktif melakukan

pengawasan terhadap fungsi kepatuhan dengan mengevaluasi


COMPLIANCE SYSTEM Compliance Division is independent party and not influence from

other unit, report directly to Director in charge for Compliance

Function to ensure the implementation of compliance’s principles

in the management process as well as to assist in taking

appropriate actions in applying compliance culture. Compliance

Division supports the performance of Director in charge for

Compliance Function and operational activities regarding

compliance function. The policy and compliance platform of

Bank Resona Perdania acts as a guide for establishing compliance

culture and good work ethic. In order to create a compliance

culture, the Compliance Division continuously conducts the

following activities, including:

1. Informing the existence of rules that should be use as

guidelines;

2. Conducting socialization and seminar of new stipulations

both internal and external;

3. Providing facilities to read and know the rules;

4. Monitoring compliance with the regulations in implementing

Bank’s operations.

TrainingandSocializationofCompliance

Compliance Division regularly conducts training and socialization

for the employees regarding the Improvement of Compliance

Culture, the Implementation of Compliance Function, Compliance

Policy, Compliance Guidelines, the Implementation of Anti-Money

Laundering and Combating of Financing Terrorism Guidelines,

internal and external regulations and other matters related to the

implementation of the prudential principles, in order to carry out

the duties, employees always refer to the applicable regulations

and laws.

Structure of Compliance

The Bank’s compliance function is the responsibility of the Director

in charge for Compliance Function, Compliance Division and

Legal Unit. The Board of Commissioners proactively evaluates

the compliance function by evaluating its implementation as


pelaksanaannya serta memberikan nasihat dan saran-saran

guna meningkatkan kualitas pelaksanaan fungsi kepatuhan.

Bank secara terus-menerus melakukan promosi budaya

kepatuhan dengan jalan mengadakan berbagai pelatihan bagi

karyawan. Hal ini berguna untuk mendeteksi permasalahan

mengenai kepatuhan secara dini serta mempromosikan

budaya kepatuhan di Bank Resona Perdania.

STRUKTUR KePATUhAnSTRuCTuRE OF COMPLIANCE


Director in Charge for Complaince FunctionPresident Director

Directors

Compliance Leaderconsist of:

• Head of Divisions / Sections• Head of Branches / Sub-Branches Office

External Auditconsist of:

• Resona Bank Ltd.• Registered Public

Accountant• Indonesian

Financial Services Authority

1. All Divisions / Sections2. All of Branchess / Sub-Branches Staffs3. All Staffs in the Bank

Compliance DivisionSKAI Legal Unit

Monitoring & Supervising

Monitoring & SupervisingMonitoring &

Supervising

Verification/Evaluation

Monitoring & Supervising

Reporting

Reporting

Reporting

Supervising

Coorporate Reporting

Monitoring

AUDIT InTeRnALSatuan Kerja Audit Internal (SKAI) adalah organisasi

independen di dalam Bank yang bertanggung jawab untuk

membantu Presiden Direktur dan Dewan Komisaris dalam

memberikan keyakinan yang memadai dan konsultasi yang

well as providing advice and suggestions in order to improve

the implementation quality of compliance function. The Bank

continuously promotes compliance culture by conducting

various training for the employees. The trainings are useful for

early detecting problems on compliance as well as promoting

compliance culture in Bank Resona Perdania.

INTERNAL AuDIT The Internal Audit Task Force (SKAI) is an independent organization

in the Bank that is responsible for assisting the President Director

and the Board of Commissioners in providing independent

and reasonable assurance and consulting for the purpose of



independen serta obyektif untuk meningkatkan nilai tambah

dan memperbaiki operasional organisasi. Memberikan

keyakinan yang memadai dan konsultasi difokuskan pada

kegiatan operasional, keuangan, kepatuhan dan teknologi

informasi yang diperoleh dari keyakinan pada saat melakukan

pemeriksaan secara langsung maupun tidak langsung bila

dibutuhkan.

SKAI terus meningkatkan efisiensi dalam penggunaan

sumber daya dengan melakukan identifikasi terhadap semua

kemungkinan sehingga dapat memberikan rekomendasi

profesional dan informasi yang obyektif kepada stakeholders

mengenai pemeriksaan yang dilakukan dalam rangka

memperbaiki pelaksanaan kegiatan usaha Bank. Proses secara

keseluruhan merupakan kegiatan penting dalam menciptakan

implementasi Good Corporate Governance yang baik.

Kebijakan Umum Audit

SKAI memegang peranan penting dalam membantu

manajemen di seluruh tingkatan dengan memastikan bahwa

seluruh kegiatan operasional berjalan sesuai dengan ketentuan

yang ada baik internal maupun eksternal. Tujuan audit secara

umum dan khusus adalah untuk memberikan penilaian

yang independen dan melakukan analisis terhadap sistem

pengendalian internal serta memberikan saran perbaikan

untuk meningkatkan efektifitas dan efisiensi kegiatan maupun

prosedur operasional di bawah kendali manajemen.

Manajemen dan Organisasi

Di dalam organisasi Bank, kedudukan SKAI berada satu tingkat

di bawah Presiden Direktur, dimana seluruh pelaporan dan

tugas monitoring dilaporkan langsung kepada Presiden

Direktur dan Dewan Komisaris dengan tembusan kepada

Direktur yang Membawahkan Fungsi Kepatuhan. Pelaporan

SKAI juga digunakan oleh Komite Audit mengenai temuan dan

rekomendasi yang signifikan termasuk respon dari manajemen.

Tugas dan Tanggung Jawab

Di dalam tugasnya membantu Presiden Direktur dan Dewan

Komisaris dalam melakukan pengawasan terhadap kegiatan

operasional, SKAI juga melakukan pengawasan kepatuhan

increasing added value and improvement for the operation of

the organization. Those activities are focused on the services of

operations, financial, compliance and information technology as

well, to inspect both on-site and off-site monitoring as and when

needed.

SKAI keeps improving the efficiency in all resources by identifying

all possibilities by providing professional recommendations and

objective information to all stakeholders levels regarding the

activities evaluated. The whole process is very important to create

better Good Corporate Governance implementation.

Audit Policy

SKAI hold an essential role in assisting management at all levels

in the Bank, since it ensures that all operational activities working

as stipulated and stated in the internal guidance and policies. The

objective of general and special audits is to provide an independent

assessment and analysis on the Bank’s internal control systems

and activities, as well as to improve the effectiveness and efficiency

of these activities and operational procedures under control of the

management.

TheManagerialandOrganization

In the Bank’s organization structure, SKAI is one level under

the President Director. All reports and monitoring task directly

reported to the President Director and the Board of Commissioners

with copied to Director in charge for Compliance Function. The

report is also used by Audit Committee concerning the findings and

significant recommendation including management responses.

Duties and Responsibilities

In its duty to assist the President Director and the Board of

Commissioners in overseeing the operational activities, SKAI

also monitors compliance with the rules and regulations set



terhadap ketentuan dan peraturan yang berlaku. Dalam hal

ini, audit internal secara profesional melakukan evaluasi,

analisis dan penilaian aktivitas dalam seluruh aspek organisasi

berdasarkan pada pendekatan berbasis risiko, mengajukan

pendapat, saran dan perbaikan kondisi operasional dan

manajerial, serta mengkoordinasikan dengan pihak pemeriksa

eksternal dalam tugasnya melakukan pemeriksaan.

Suatu rekomendasi dan informasi yang obyektif dari SKAI

kepada seluruh jajaran manajemen mengenai kegiatan

yang dievaluasi berdasarkan pendekatan risiko tersebut.

Keseluruhan proses tersebut sangat penting untuk menjamin

bahwa prinsip Tata Kelola Perusahaan yang baik telah

diterapkan dengan tepat.

Ruang Lingkup Audit

Ruang lingkup pekerjaan Audit Internal mencakup semua

area operasional pada Bank, termasuk perusahaan anak,

untuk mengevaluasi dan menilai secara independen kualitas

pengendalian internal, manajemen risiko, dan tata kelola

perusahaan secara komprehensif.

Sejalan dengan cakupan risiko dalam Program Manajemen

Risiko, maka Program Audit disusun berdasarkan 8 (delapan)

jenis risiko yang melekat dalam kegiatan usaha Bank, diproses

dalam sebuah mekanisme yang sistematis tercantum dalam

konsep Audit Program Kualitas Penerapan Manajemen Risiko

(KPMR).

Pemeriksaan tahunan disusun dengan memperhatikan

penilaian risiko yang paling dominan, ketentuan regulator,

arahan manajemen dan Komite Audit, profil risiko, hasil audit

periode sebelumnya dan periode terakhir pelaksanaan audit

untuk memastikan arah kegiatan audit dan memastikan tidak

terdapat pengulangan temuan yang dilaporkan.

Dalam menjalankan tugas dan tanggung jawabnya, SKAI

berpedoman pada “Standar Pelaksanaan Fungsi Audit Intern

Bank (SPFAIB)” sebagaimana ditetapkan dalam Peraturan Bank

Indonesia No. 1/6/PBI/1999, serta Piagam Audit Internal yang

menyatakan visi dan misi, tujuan serta ruang lingkup tugas dan

kedudukan SKAI dalam struktur organisasi Bank.

forth. SKAI represents a professionalism to evaluate, analyze

and assess activities in all aspects of the organization based on

risk based approaches, put forward opinions, suggestions and

improvements to operational condition and managerial skills, as

well as coordinating with external auditors in order to perform

their duties of an examination.

The recommendations and objective information to all levels

of managements based on types of risk as evaluated by that

approaches. The overall process is very essential lead to the

principles of Good Corporate Governance applied in the Bank.

Audit Scopes

Audit scopes cover all process of operational activities in the

Bank and its subsidiary to evaluate and independently assess the

quality of internal control, risk management, and the corporate

governance comprehensively.

In line with the implementation of Risk Management Program,

the Audit Program was set based on the 8 (eight) types of inherent

risks existing in the Bank which is put into a systematic mechanism

and stated in Risk Management Implementation Quality Audit

Programs.

Annual audit plan is set by considering dominant risk account,

regulatory requirements, management and the Audit Committee

guidance, risk profile, and from previous findings, latest inspection

to guide the audit activities and to ensure that no repeated

findings were raised in the next following periods.

In implementing duties and authorities, SKAI refer to The

Standards of the Practice Internal Audit function for Commercial

Bank (SPFAIB) as stipulated in Bank Indonesia Regulation No. 1/6/

PBI/1999 and Internal Audit Charter stated for SKAI vision, mission,

objective, scope of work and its position in Bank’s organizational

structure.



MAnAJeMen RISIKO Prinsip pengelolaan risiko di Bank Resona Perdania dilakukan

secara menyeluruh dan mencakup seluruh aktivitas usaha yang

dilakukan oleh Bank dengan memperhatikan Rencana Bisnis

Bank dan tingkat risiko yang hendak diambil oleh Bank. Dalam

aktivitas usaha Bank, manajemen risiko menjadi strategic

partner bagi unit bisnis terkait dalam rangka memberikan hasil

yang optimal atas aktivitas operasional Bank.

Dalam rangka peningkatan kualitas pelaksanaan manajemen

risiko, Bank Resona Perdania senantiasa melakukan perbaikan

yang berkelanjutan atas seluruh aspek pengelolaan risiko untuk

menunjang aktivitas bisnis. Di tahun 2013, Bank menggunakan

konsultan independen yakni KPMG Siddharta untuk melakukan

kajian secara menyeluruh atas pelaksanaan manajemen risiko

berdasarkan Surat Edaran Bank Indonesia (SEBI) No. 13/23/

DPNP tanggal 25 Oktober 2011. Hasil kajian tersebut berupa

rekomendasi untuk perbaikan pelaksanaan manajemen risiko

di Bank Resona Perdania sebagian sudah dilaksanakan pada

tahun 2013. Rekomendasi lainnya akan ditindaklanjuti dengan

memasukkan dalam rencana jangka pendek, rencana jangka

menengah dan rencana jangka panjang Bank dalam Rencana

Bisnis Bank tahun 2014.

Bank secara berkelanjutan terus mengembangkan dan

meningkatkan kerangka pengelolaan risiko dan struktur

pengendalian internal yang terpadu dan komprehensif,

sehingga proses identifikasi dan pengukuran atas potensi risiko

dapat dilakukan lebih dini dan kemudian proses pengendalian

dan mitigasi dapat dilakukan untuk meminimalkan dampak

risiko. Terkait dengan rencana Bank Indonesia yang akan

mengimplementasikan Basel III, Bank telah melakukan

persiapan atas pengelolaan risiko likuiditas terkait dengan

kebutuhan likuiditas jangka pendek dan jangka panjang dalam

bentuk Liquidity Coverage Ratio (LCR) dan Net Stable Funding

Ratio (NSFR).

Manajemen risiko menjadi bagian yang tidak terpisahkan

dari kegiatan utama Bank, dan menjadi bagian dari tanggung

jawab manajemen dalam memastikan tercapainya sasaran

bisnis Bank sehingga manajemen risiko senantiasa terintegrasi

RISK MANAGEMENTThe risk management principles in Bank Resona Perdania

comprises of the overall scope of existing business activities,

with regard Bank’s Business Plan and the level of risk to be taken

by the Bank. In performing business activites in the Bank, risk

management becomes a strategic partner for the business unit in

obtaining optimal results gained from the Bank operation.

In order to improve the quality of risk management

implementation, Bank Resona Perdania continuously implements

sustainable improvements to all aspects of risk management

system to support business activities. In 2013, the Bank used

independent consultant, namely KPMG Siddharta, to conduct

a comprehensive analysis to the extent of risk management

implementation based on Bank Indonesia Circular Letter (SEBI) No.

13/23/DPNP dated October 25, 2011. The analysis results explained

about the advices for improvements in risk management in Bank

Resona Perdania, most of which had been implemented in 2013.

Another recommendation will be followed up by putting it into the

short-term plan, mid-term plan, and long-term plan of the Bank in

the Bank’s Business Plan year 2014.

The Bank continuously develops and improves the integrated and

comprehensive risk management concepts and internal control,

so that the identification process and the measurement on risk

potential can be performed earlier to minimize risk impacts.

Related to the Bank Indonesia’s plan to implement Basel III, the

Bank has conducted preparation of the liquidity risk management

associated with short term and long term liquidity needs in form

of Liquidity Coverage Ratio (LCR) dan Net Stable Funding Ratio

(NSFR).

Risk management becomes an integral part of the main activities

of the Bank, and becomes part of management responsibility in

ensuring the achievement of the Bank’s business objectives so

that risk management is fully integrated continuously into Bank’s



sepenuhnya ke dalam governance Bank. Kerangka manajemen

risiko ini dituangkan dalam kebijakan, prosedur, dan limit atas

setiap risiko yang di kelola oleh Bank.

Bank Resona Perdania memastikan setiap langkah pengelolaan

risiko atas risiko inheren dan kualitas penerapan manajemen

risiko harus memberikan kontribusi yang optimal terhadap

pencapaian sasaran bisnis Bank. Strategi dan kerangka

pengelolaan risiko juga berorientasi pada pengembangan

budaya risiko sehingga Bank dapat mengimplementasikan

prinsip kehati-hatian dalam melakukan proses bisnis.

Risiko-risiko yang Dihadapi dan evaluasi yang Dilakukan

atas efektifitas Sistem Manajemen Risiko pada Tahun 2013

Risiko Kredit

Proses pengelolaan risiko kredit dimulai dari proses pemberian

kredit itu sendiri dan pengelolaan portofolio. Sebagai bentuk

kehati-hatian dalam pemberian kredit, Bank menerapkan

prinsip four eyes principles yakni setiap rekomendasi dan

keputusan kredit melibatkan unit bisnis (Divisi Business

Development) dan Divisi Credit Examination sebagai unit

yang bertanggung jawab mengelola risiko kredit secara

independen. Hal ini dimaksudkan untuk mendapatkan analisa

dan kajian yang obyektif sehingga prinsip kehati-hatian

dalam pemberian kredit dapat diterapkan. Mekanisme four

eyes principles dilakukan melalui Komite Kredit dimana proses

pemutusan kredit dilaksanakan melalui mekanisme Rapat

Komite Kredit dan pemutusannya dilakukan oleh mayoritas

Direksi, dengan mempertimbangkan rekomendasi dari Divisi

Business Development dan Divisi Credit Examination.

Untuk mempercepat penyelesaian kredit bermasalah,

pengambilalihan jaminan, dan pengawasan terhadap debitur

yang termasuk dalam kategori kurang lancar, maka Bank

senantiasa berupaya meningkatkan peran dan fungsi unit

khusus yaitu Seksi Pengawasan dan Penyelamatan Kredit.

Sehingga diharapkan proses pengelolaan risiko kredit dapat

berjalan dengan lebih efisien dan efektif untuk mendapatkan

hasil yang optimal.

governance. The risk management framework is outlined in the

policies, procedures, and limits on any risk which is managed by

the Bank.

Bank Resona Perdania ensures every step of risk management of

the inherent risk and quality of risk management should contribute

to the optimal achievement of the Bank’s business objectives. The

strategy and risk management framework are also oriented to the

development of risk culture so that the Bank can implement the

precautionary principle in the conduct of business process.

The Risks Faced and Evaluation that Conducted on the

Effectiveness of the Risk Management System in 2013

Credit Risk

Credit risk management process starts from the loan extending

process itself and portfolio management. As a form of prudence in

lending, the Bank applies the principle of four eyes principles that

each recommendation and loan decisions involve business units

(Business Development Division) and Credit Examination Division

as the responsible units for managing credit risk independently. It

is intended to obtain an objective analysis and assessment so that

the prudential principle of lending can be applied. The mechanism

of four eyes principles is conducted through Credit Committee, in

which loan approval process is carried out through the mechanism

of Credit Committee Meeting and resolution carried by a majority

of the Board of Directors, considering the recommendations of the

Business Development Division and Credit Examination Division.

To speed up the settlement of non-performing loan, collateral

takeover, and monitoring of non-current debtor, the Bank

constantly works to improve the role and function of the specific

unit, that is Credit Monitoring and Recovery Section (CMRS).

Thus, the credit risk management process is expected to be more

efficiently and effectively performed to achieve optimal results.



Atas berbagai upaya yang telah dilakukan oleh Bank

Resona Perdania dalam pengelolaan risiko kredit dengan

menggunakan pendekatan standar, Bank telah dapat menekan

tingkat kredit bermasalah bruto (NPL Gross) sebesar 1,23% dan

tingkat NPL Net sebesar 0,54% per Desember 2013.

Pengelolaan risiko kredit tersebut didukung dengan

pelaksanaan stress testing yang dilakukan secara berkala setiap

6 (enam) bulan, untuk memastikan tersedianya kecukupan

modal yang memadai dalam mengantisipasi risiko kredit yang

ekstrim, baik yang disebabkan oleh kondisi internal maupun

eksternal melalui berbagai skenario yang mungkin terjadi.

Bank juga melakukan penyempurnaan internal credit rating

untuk mengukur tingkat kelayakan kredit “worthiness”, dan

untuk menghitung Probability of Default (PD) setiap debitur

untuk memastikan risk appetite dan risk tolerance sesuai dengan

karakteristik dan kompleksitas usaha Bank.

Penyempurnaan tersebut meliputi aspek manajemen dan

pemegang saham, penilaian industri, kinerja keuangan,

kinerja usaha, dan aspek jaminan. Pengelolaan risiko kredit

juga dilakukan dengan penyempurnaan Sistem Aplikasi

Kredit, melakukan validasi paramater yang digunakan dalam

perhitungan risiko kredit, melakukan simulasi NPL guna

meningkatkan kualitas pinjaman dan mengevaluasi portofolio

pinjaman secara berkala berdasarkan volume, kualitas,

komposisi dan tingkat probabilitasnya. Penyempurnaan

internal credit rating tersebut dimaksudkan untuk mendukung

persiapan infrastruktur perhitungan risiko kredit dengan

pendekatan internal (Internal Rating Based Approach) yang

akan digunakan untuk keperluan internal dalam menilai dan

mengukur risiko kredit secara komprehensif.

Risiko Pasar

Bank Resona Perdania telah menerapkan pengelolaan risiko

pasar dengan menggunakan model internal sesuai dengan

prinsip-prinsip pada dokumen Basel II dan karakteristik Bank,

antara lain menerapkan perhitungan Value at Risk (VaR) dengan

metode historical simulation untuk melihat apakah modal

yang dialokasikan dapat menyerap potensi risiko pasar akibat

Of the efforts made by the Bank Resona Perdania in credit risk

management using a standard approach, the Bank has been able

to reduce the level of gross non-performing loans (NPL Gross ratio)

of 1.23% and the level of NPL Net ratio by 0.54% as of December

2013.

The credit risk management is supported by the implementation

of stress testing, performed periodically every 6 (six) months,

to ensure the availability of capital adequacy in anticipation

of extreme credit risk, whether caused by internal and external

conditions through a variety of possible scenarios.

The Bank also conducts improvements on internal credit rating

to measure credit worthiness and to calculate the Probability of

Default (PD) for each debtor to ensure the risk appetite and risk

tolerance are proper to the Bank’s characteristic and business

complexity.

The enhancement includes aspects of managerial and

shareholders, industry evaluation, financial performance, business

performance, and collateral aspect. Credit risk management is

also conducted through an improvement of Credit Application

System, setting a validation parameter used in calculating the

credit risk, conducting NPL simulations to improve loan quality

and periodically evaluating the loan portfolio based on volume,

quality, composition and probability degree. This refinement in

credit rating is to support the preparation of infrastructure of the

internal rating based approach of credit risk calculation, to be

used for internal purposes in evaluating and measuring the credit

risk comprehensively.

Market Risk

Bank Resona Perdania has implemented the management of

market risk by using the internal model in line with the principles

of Basel II documents and Bank’s characteristics, such as applying

the calculation of Value at Risk (VaR) with historical simulation

method to see whether the allocated capital to absorb potential

market risk due to losses on the position of the simulated



kerugian atas posisi eksposur yang disimulasikan. Akan tetapi,

untuk perhitungan Kewajiban Pemenuhan Modal Minimum

(KPMM), Bank masih menggunakan metode standar sesuai

dengan Surat Edaran Bank Indonesia No. 9/33/DPNP tanggal

18 Desember 2007 tentang Pedoman Penggunaan Metode

Standar dalam Perhitungan Kewajiban Penyediaan Modal

Minimum Bank Umum dengan Memperhitungkan Risiko Pasar.

Kerangka kerja pengelolaan risiko pasar memungkinkan Bank

untuk mengukur dan mengelola secara benar risiko yang

berasal dari perubahan faktor-faktor pasar yaitu suku bunga

dan nilai tukar. Hal ini meliputi instrumen pada trading book

maupun pada banking book. Bank senantiasa menjaga posisi

devisa netto setiap 30 menit dimana tidak boleh melebihi 20%

dari modal Bank dengan menetapkan limit untuk setiap mata

uang. Proses pemantauan dan pengendalian terhadap aktivitas

transaksi treasury di dukung oleh sistem yang cukup memadai

sehingga berjalan dengan efektif dan efisien.

Unsur lain yang menjadi perhatian Bank adalah risiko suku

bunga pada banking book yang diukur menggunakan

metode Net Interest Income (NII) Gap dan Duration Gap dengan

mempertimbangkan risiko suku bunga yang material seperti

repricing, yield curve, dan basis risk.

Bank juga melakukan stress testing setiap triwulan dengan

menggunakan asumsi yang secara cermat dikembangkan

untuk menguji kecenderungan kondisi portofolio Bank serta

back testing dengan menggunakan data historis/ parameters

series secara harian dan asumsi sesuai dengan ketentuan Bank

Indonesia (Standardized Shock Scenario).

Risiko Likuiditas

Risiko likuiditas dikelola dengan tujuan untuk menjaga

kemampuan Bank dalam memenuhi seluruh kewajiban-

kewajibannya yang akan jatuh waktu, antara lain dengan

menggunakan berbagai pendekatan seperti memonitor

kesiapan dana berdasarkan pada pedoman likuiditas dan

menetapkan cadangan minimum sekunder, serta pengelolaan

exposure. However, the calculation of Minimum Capital Reserved

Requirement (KPMM) still follows the prevailing standardized

method in conformity with the SEBI No. 9/33/DPNP dated

December 18, 2007 about Guidelines for Standardized Method

in Calculation of Minimum Capital Reserved Requirement of

Commercial Bank by Considering Market Risk.

The market risk framework allows the Bank to correctly measure

and manage risk caused by the changes in market factors such

as interest rate and exchange rate. This includes instrument

on tradingbook and banking book . Every 30 minutes, the Bank

monitor the net open position which should not exceed by 20%

of the Bank’s capital by setting the limitation for each currency.

The treasury transaction control and monitoring is supported by

adequate and competent system to run effectively and efficiently.

Another factor that the Bank concerns is the interest rate risk on

its banking book, which is measured using Net Interest Income

(NII) Gap and Duration Gap methods, by taking into account the

material interest rate risk such as repricing, yield curve and basis

risk.

The Bank also conducts quarterly stress testing using assumptions

which are carefully developed to test the condition trend of the

Bank’s portfolio, and back testing using historical data/ daily series

parameters and assumptions in accordance with Bank Indonesia

stipulation (Standardized Shock Scenario).

Liquidity Risk

Liquidity risk is managed with the objective of maintaining the

Bank’s ability to meet all the obligations due in the future, by using

different approaches such as monitoring fund availability based

on liquidity guidelines, establishing a secondary minimum reserve

and managing maturity gap. Other indicators used, among others

are: Loans to Deposit Ratio, Gap Analysis, Structured Liquidity



gap maturitas. Indikator tambahan lainnya yang juga

digunakan, antara lain: Loans to Deposit Ratio, Gap Analysis,

Liquidity Structured Trend dan Funding Trend yang secara rutin

disampaikan dalam rapat Komite Aset dan Kewajiban.

Berdasarkan SEBI No. 11/16/DPNP tanggal 6 Juli 2009 tentang

Penerapan Manajemen Risiko untuk Risiko Likuiditas dan SEBI

No. 13/23/DPNP tanggal 25 Oktober 2011 perihal Perubahan

atas SEBI No. 5/21/DPNP perihal Penerapan Manajemen Risiko

bagi Bank Umum, Bank juga telah menghitung risiko likuiditas

akibat adanya mismatch jatuh tempo antara aset dan kewajiban

termasuk transaksi rekening administratif yang dikelompokan

berdasarkan time bucket sehingga Bank dapat mengidentifikasi

dan mengelola risiko mismatch tersebut melalui penetapan

limit negative gapping untuk setiap time bucket.

Dalam mengelola risiko likuiditas di tahun 2013, Bank telah

mempersiapkan dan melakukan pengukuran ketersediaan

likuiditas dalam jangka pendek dan jangka panjang terkait

dengan Quantitative Impact Study (QIS) yang dilakukan oleh

Bank Indonesia dalam rangka persiapan penerapan Basel

III. Dalam rangka pemenuhan kebutuhan jangka pendek,

Bank melakukan identifikasi dengan melakukan pengukuran

Liquidity Coverage Ratio (LCR). Sementara untuk pemenuhan

kebutuhan jangka panjang, Bank melakukan pengukuran atas

Net Stable Funding Ratio (NSFR).

Bank Resona Perdania aktif mencermati perkembangan kondisi

makro dan mikro ekonomi domestik maupun global guna

mengantisipasi potensi risiko likuiditas karena perubahan

kondisi eksternal. Bank mengembangkan beberapa skenario

stress test untuk mengukur berbagai dampak dari peristiwa

eksternal dan internal yang dapat berpengaruh terhadap

kinerja Bank, seperti kurangnya penawaran mata uang USD

di pasar, menurunnya transaksi ekspor, perubahan kebijakan,

dan lain-lain. Skenario stress test ini disesuaikan secara berkala

mengikuti perkembangan terkini sehingga tetap relevan.

Guna mendukung ketersediaan likuiditas dalam kondisi

darurat, Bank mendapat dukungan yang kuat dari perusahaan

induk dalam bentuk standby facility dan juga menjalin

Trend and Funding Trend; all of which are routinely presented at

Assets and Liabilities Committee meeting.

Pursuant to Bank Indonesia Circular Letter (SEBI) No. 11/16/DPNP

dated July 6, 2009 regarding Risk Management Implementation

for Liquidity Risk and SEBI No. 13/23/DPNP dated October 25, 2011

regarding The Amendment of SEBI No. 5/21/DPNP regarding Risk

Management Implementation for Commercial Bank, the Bank

has also calculated liquidity risk due to the due date mismatch

between assets and liabilities, including administrative account

transactions grouped based on time bucket. Therefore, the Bank

can identify and manage such mismatch risk through negative

gapping limit for each time bucket.

In managing liquidity risk in 2013, the Bank has been preparing

and measuring the availability of liquidity in the short term and

long term related to the Quantitative Impact Study (QIS) conducted

by Bank Indonesia in preparation for the implementation of

Basel III. In order to meet short-term needs, the Bank conducts

identification by measuring Liquidity Coverage Ratio (LCR).

Meanwhile, to fulfill the long-term needs, the Bank conducts over

the Net Stable Funding Ratio (NSFR) measurements.

Bank Resona Perdania actively examines the development of

macro and micro situations in domestic and global economic

developments in order to anticipate the potential risks of liquidity

due to external change. The Bank has developed several stress

test scenarios to measure the impacts of internal and external

events that are likely to affect the Bank’s performance, such as

dwindling supply of USD currency in the market, decreasing export

transactions, policy revised, and others. These stress test scenarios

are periodically adjusted to reflect the latest development so that

the scenarios remain relevant.

To support the availability of liquidity in emergencies condition,

the Bank received strong support from the parent company in the

form of standby facility and also cooperates with several banks



kerjasama dengan beberapa bank untuk mendapatkan fasilitas

committed line yang dapat digunakan sebagai cadangan

likuiditas dan pendanaan darurat.

Risiko Operasional

Pengelolaan risiko operasional dilakukan dengan melakukan

identifikasi risiko proses administrasi, mengembangkan

prosedur Disaster Recovery Plan (DRP), mengkaji ulang

kebijakan keamanan informasi dan manajemen risiko sistem,

serta penanganan alih daya.

Bank juga menetapkan prosedur yang mencakup

pengendalian umum dan pengendalian spesifik. Pengendalian

umum merupakan pengendalian operasional yang bersifat

umum pada seluruh lini bisnis dan aktifitas pendukung

Bank, seperti implementasi pemisahan fungsi dan keharusan

mengambil cuti, sedangkan pengendalian spesifik merupakan

pengendalian operasional yang bersifat spesifik pada masing-

masing lini bisnis dan aktifitas pendukung Bank, misalnya

rekonsiliasi transaksi trading, penatausahaan dokumen kredit

debitur, pengamanan aset fisik dan pembatasan akses ke lokasi

tertentu dan lain-lain.

Tak dapat dipungkiri bahwa bank selalu menjadi fokus

kejahatan fraud. Dan dari tahun ke tahun apa yang telah terjadi

tidak hanya di Indonesia namun juga di dunia internasional,

kejahatan fraud semakin canggih. Oleh karenanya Bank

senantiasa memiliki perhatian khusus terhadap potensi

fraud. Bank telah menunjuk petugas Fungsi Anti-Fraud dan

menetapkan Kebijakan Anti-Fraud termasuk mekanisme

whistleblower dan membangun database karyawan dalam

suatu kerangka kerja Know Your Employee.

Secara konsisten Bank menerapkan identifikasi risiko dengan

menggunakan metodologi yang dapat membantu mengelola

dan mengontrol risiko secara komprehensif, yaitu:

• Loss Event Database (LED) yaitu media terstruktur yang

digunakan untuk mencatat data-data kerugian dan

kejadian risiko operasional yang berkaitan dengan

aktivitas operasional. Dengan database ini, Bank dapat

to for committed line facilities that can be used as an emergency

backup for liquidity and funding.

Operational Risk

Operational risk management is conducted by identifying the

risk of administrative process, create procedures for the Disaster

Recovery Plan (DRP), review the information security policy and

risk management systems, as well as outsourcing handling.

The Bank also has a procedure that encompasses general and

specific control. The general control is an operational control

applied to all of the Bank’s lines of business and supporting

activities, such as the implementation of segregation of duty and

mandatory leave. Meanwhile, specific control relates to a specific

line of the Bank’s business and supporting activities, such as:

trading transaction reconciliation, improved administration of

debtor loan documentation, security of physical assets, and access

limitation to certain locations, and others.

It is undeniable that the bank has always been the focus of

criminal fraud. From year to year, the criminal fraud is getting more

sophisticated with their operations not only in Indonesia but also

in the international communities. Therefore, the Bank always pays

attention to particular concern for potential fraud. The Bank has

appointed Anti-Fraud Function officers and set Anti-Fraud Policy

that included whistleblower mechanism and building a database

of employees within a framework of ‘Know Your Employee’.

The Bank consistently apply risk identification using a methodology

that can help manage and control risk comprehensively, namely:

• Loss Event Database (LED) is a structured media used to

record data of operational risk losses and incidents related

to operating activities. With this database, the Bank is able

to analyze the root cause of the problems occurred and



menganalisa akar permasalahan yang terjadi dan

memutuskan tindakan penanggulangan yang tepat untuk

mencegah terjadinya masalah tersebut berulang kembali.

Untuk mendukung pengelolaan LED, Bank menggunakan

aplikasi Operational Risk Management System.

• Operational Risk and Control Self Assessment (RCSA)

yaitu metode yang digunakan sebagai sarana untuk

mengidentifikasi dan mengukur kontrol atas potensi

risiko dari kegiatan dan fungsi di masing-masing divisi/

seksi. RCSA dilakukan oleh masing-masing risk owner

dengan koordinasi dari operational risk officer. Hasil

dari RCSA memberikan penilaian apakah kontrol yang

ada sudah cukup memadai dan berjalan efektif untuk

mengatasi potensi risiko operasional yang dapat terjadi

sehingga memberikan solusi yang efektif dan tepat

mengenai sasaran. Parameter RCSA senantiasa diperbarui

sesuai dengan panduan dan petunjuk dari Resona Bank

Ltd., Jepang.

• Key Risk Indicator (KRI) yaitu metode yang digunakan

untuk mengidentifikasi kecenderungan potensi risiko

operasional di masing-masing divisi/seksi. Fokus

pemantauan KRI dipetakan berdasakan hasil dari RCSA.

Dengan menggunakan KRI sebagai sinyal peringatan dini,

maka diharapkan potensi risiko dapat dideteksi secara

dini atau diselesaikan ketika masalah masih kecil.

Budaya risiko bagi Bank adalah sangat penting dalam

pengelolaan risiko operasional, oleh karena itu Bank akan terus

membangun kesadaran akan pentingnya budaya risiko bagi

seluruh karyawan, serta meningkatkan kemampuan identifikasi

potensi risiko dan mekanisme pemantauan terhadap risiko

yang ada antara lain dengan menyelenggarakan forum risiko

operasional yang dapat diikuti oleh seluruh lapisan karyawan

secara rutin. Selain itu, pemberian pelatihan yang sesuai

dengan kompetensi yang diperlukan dan berkesinambungan

kepada seluruh karyawan juga menjadi prioritas utama dalam

memitigasi risiko operasional. Bank juga setiap tahunnya

melakukan stress testing dengan beberapa skenario yang

mungkin dapat terjadi seperti pemogokan karyawan, frekuensi

kesalahan yang semakin sering terjadi, dan lain-lain.

determine appropriate control measures to prevent the

recurring of the problem. To support the LED management,

the Bank uses Operational Risk Management System

application.

• Operational Risk and Control Self Assessment (RCSA) is a

method used as a means to identify and measure control

over the potential risks of every division/ section’s activities

and functions. RCSA is performed by each risk owner by

coordinating with operational risk officer. The results of

RCSA assess whether existing controls are adequate and

run effectively to address potential operational risk which

is likely to occur so as to provide effective solutions with

the right target. RCSA parameter is always renewed based

on the guidelines and instructions from Resona Bank Ltd.,

Japan.

• KeyRisk Indicator (KRI) isamethodused to identify trends

in potential operational risk in every division/section. KRI

monitoring focus is mapped based on the RCA results. By

using KRI as an early warning signal, it is expected that the

risk potential can be early detected or resolved when the

problem is still minor.

As the Bank’s risk culture is very important in the operational risk

management, the Bank will continue to build awareness on the

important of risk culture to all employees, as well as enhance

the capability of identifying potential risks and monitoring

mechanisms against existing risks. It can be done by holding

an operational risk forum wherein all levels of employees can

routinely participate. In addition, conducting training to all

employees in line with their competences has become a top

priority in mitigating operational risk. The Bank also conducts

annual stress testing with various scenarios, such as employee

strike, the increased frequency of errors, and etc.



Risiko Kepatuhan

Bank senantiasa memastikan bahwa setiap aktivitas yang

dilakukan telah patuh dan sesuai dengan peraturan dan

perundang-undangan yang berlaku. Pengawasan risiko

kepatuhan dilakukan secara komprehensif dan berkelanjutan

oleh Divisi Kepatuhan dengan menempatkan Koordinator

Kepatuhan di setiap unit bisnis Bank. Koordinator Kepatuhan

mengawasi setiap aktivitas di unit bisnisnya masing-masing

dan memastikan setiap aktivitas yang dilakukan tidak

melanggar peraturan dan perundang-undangan yang berlaku.

Pengawasan risiko kepatuhan dilakukan oleh Divisi Kepatuhan

dipantau langsung oleh Direktur yang Membawahkan Fungsi

Kepatuhan.

Pengelolaan risiko kepatuhan dilakukan dengan

mengembangkan peran pengendalian internal yang

independen disetiap unit bisnis. Selain itu, Bank menetapkan

kebijakan dan prosedur internal sebagai pedoman kerja

dalam mengelola risiko kepatuhan guna memastikan bahwa

seluruh aktivitas yang dilakukan oleh Bank telah sesuai

dengan peraturan dan perundang-undangan yang berlaku.

Dalam mengembangkan budaya kepatuhan, Bank melakukan

sosialisasi atas peraturan-peraturan yang baru dikeluarkan baik

oleh regulator maupun oleh manajemen sepanjang tahun

melalui forum kepatuhan yang diselenggarakan setiap bulan.

Risiko hukum

Bank memberikan perhatian khusus atas pengelolaan risiko

hukum guna mengantisipasi timbulnya risiko hukum dan

meminimalkan dampaknya. Proses pengawasan secara

langsung dilakukan oleh Unit Legal guna memastikan bahwa

hal-hal yang berpotensi menimbulkan risiko hukum sudah

dikelola dengan baik. Bentuk pengawasan atas risiko hukum

dengan memastikan segala bentuk perjanjian dan kontrak

yang dimiliki oleh Bank dapat melindungi kepentingan Bank

melalui kajian berkala terhadap dokumen-dokumen hukum

dengan pihak ketiga. Selain itu, Unit Legal juga melakukan

pemantauan terhadap proses litigasi yang sedang terjadi

maupun yang berpotensi menimbulkan risiko hukum dimasa

yang akan datang.

Compliance Risk

The Bank ensures that all activities conducted have been in

accordance with the applicable rules and regulations. Compliance

risk supervision is comprehensively carried out at Compliance

Division by assigning a Compliance Leader in every business unit

of the Bank. Compliance Leader shall supervises the activities

conducted in each business units and ensures that all activities

conducted do not violate the applicable rules and regulations.

Compliance risk supervision is conducted by Compliance Division

and is directly monitored by the Director in charge for Compliance

Function.

Compliance risk management is executed by developing the

roles of independent internal control in every business unit.

Furthermore, the Bank stipulates internal policies and procedures

as work guidelines in managing compliance risk to ensure that

all activities conducted by the Bank are in accordance with the

prevailing rules and regulations. In developing compliance

culture, the Bank socialize new regulations stipulated by both the

regulators and the management throughout the year by means of

compliance forum which is held once a month.

Legal Risk

The Bank pays special attention on legal risk management to

anticipate the emergence of legal risk and minimize the impact.

Direct supervision is conducted by Legal Unit to ensure that all

matters which may generate legal risk have been thoroughly

managed. The supervision of legal risk in the form of ascertainment

that all forms of contract and agreement owned by the Bank may

protect the Bank’s interests through periodical review of legal

documents with the third party. Furthermore, Legal Unit also

monitors the existing litigation process or those which may cause

legal risk in the future.



Risiko Stratejik

Bank senantiasa memastikan rencana strategis jangka

pendek, jangka menengah dan jangka panjang Bank telah

memperhatikan dan mempertimbangkan kekuatan dan

kelemahan yang dimiliki Bank secara internal dengan

memperhatikan peluang dan ancaman atas situasi eksternal.

Dengan perencanaan strategis tersebut, Bank berkeyakinan

dapat menjaga pertumbuhan yang berkelanjutan dengan

memperhatikan potensi risiko yang ada sehingga menghasilkan

pertumbuhan yang berkelanjutan dan meningkatkan nilai

perusahaan.

Pengawasan risiko stratejik secara efektif dilakukan oleh

Divisi Planning dengan melakukan pemantauan terhadap

pencapaian rencana bisnis Bank atas setiap unit bisnis setiap

bulannya. Untuk meminimalkan kemungkinan dampak negatif

dan ketidaktepatan dalam rencana strategis karena perubahan

lingkungan bisnis, baik internal maupun eksternal, maka Bank

senantiasa melakukan kajian dan melakukan penyesuaian

terhadap rencana strategis Bank dengan proses yang tranparan

dengan melibatkan unit bisnis yang terkait.

Risiko Reputasi

Dalam rangka pengelolaan risiko reputasi, proses identifikasi,

pengukuran, pemantauan dan pengendalian risiko reputasi

dilakukan secara konsisten oleh Divisi Planning, terutama

untuk hal-hal yang berkaitan dengan pemberitaan negatif

(negative publicity). Bank telah memiliki kebijakan internal

berupa Manual Komunikasi Intern dan Ekstern untuk menjaga

kebenaran dan kesinambungan informasi yang disampaikan,

baik kedalam maupun keluar Bank.

Bank senantiasa memberikan perhatian khusus terhadap

semua bentuk keluhan nasabah sebagai bentuk dari komitmen

Bank untuk memberikan pelayanan terbaik kepada nasabah

yang secara otomatis dapat meminimalkan dampak yang

mungkin ditimbulkan atas risiko reputasi.

Strategic Risk

The Bank endeavours to ensure that the short-term, medium-

term, and long-term strategic plans have covered and considered

the internal strength and weaknesess of the Bank by observing

the opportunities and threats on external situations. By means of

strategic planning, the Bank believes in its ability to maintain the

sustainable growth through the observance of the existing risk

potentials in order to produce sustainable growth and improve

the company’s value.

An effective strategic risk supervision is conducted by Planning

Division by monitoring the Bank’s business plan achievements on

every business unit every month. In order to minimize the possiblity

of negative impacts and imprecision in strategic plans due to

the change in both internal and external business environment,

the Bank constantly studies and adjusts the strategic plans with

transparent process and involves all related business units.

Reputation Risk

In order to manage reputation risk, identification process,

measurement, supervision, and control of reputation risk are

consistently performed by Planning Division, particularly for

matters related to negative publicity. The Bank has both internal

and external communication as its internal policies to maintain

the validity and sustainability of information delivered both to

and out of the Bank.

The Bank gives significant attention to all forms of customer’s

complaints as a commitment to provide excellent services to the

customers which automatically may minimize potential impacts

for reputation risk.



PenAnGAnAn KReDIT BeRMASALAhPada tahun 2013, Bank Resona Perdania berhasil

mempertahankan NPL di tingkat yang cukup rendah dengan

kombinasi perbaikan disiplin early alert, kualitas underwriting

bisnis yang lebih baik, pengidentifikasian segmen usaha

yang bermasalah secara cermat, dan fokus terhadap Seksi

Pengawasan dan Penyelamatan Kredit dalam melakukan

penagihan atas kredit/ aktiva bermasalah.

Kebijakan dan prosedur yang spesifik untuk masing-masing

bisnis dibuat dengan dukungan dari Divisi Manajemen Risiko.

Kebijakan terus dipantau atas efektivitas dan pelanggaran

yang terjadi. Setiap deviasi dilaporkan ke manajemen

untuk dilakukan kajian dan tindakan bilamana perlu. Sistem

peringkat kredit digunakan untuk mengkuantifikasi risiko

yang berhubungan dengan nasabah. Pemeringkatan

ini didasarkan pada probabilitas default nasabah dan

dianalisa terhadap berbagai faktor kuantitatif dan kualitatif

sehingga menghasilkan penilaian risiko, pengendalian

risiko dan penetapan harga. Proses early alert yang kokoh

telah diterapkan untuk memastikan bahwa setiap potensi

memburuknya kualitas kredit dapat diidentifikasi sejak dini. Hal

ini memungkinkan tindakan preventif yang perlu dilaksanakan

jika diperkirakan kualitas kredit memburuk.

Seksi Pengawasan dan Penyelamatan Kredit

Untuk mengkhususkan fungsi kerja maka dilakukan pemisahan

di Seksi Pengawasan dan Penyelamatan Kredit. Pemisahan ini

dilakukan agar memberikan rekomendasi yang independen

dalam proses analisa untuk nasabah-nasabah yang dalam

pemantauan, lebih fokus pada masing-masing pekerjaannya,

serta lebih efektif dan efisien. Fungsi-fungsi tersebut sebagai

berikut:

• Fungsi Pemantauan dan Analisa

Memonitor dan melaporkan atas pengembangan

pengelolaan Fungsi Pemantauan dan Analisa debitur

terkait kepatuhan terhadap persyaratan kredit, melakukan

analisa kinerja debitur tertentu dan menyampaikan

rekomendasi penyelamatan dan/ atau penyelesaian kredit

kepada Direksi.

THE HANDLING OF NON-PERFORMING LOANIn 2013, Bank Resona Perdania sucssessful maintain the NPL at

sufficiently low level with the combination of improvement on

early alert discipline, better quality of business underwriting,

through identification of problematic business segments, and

focusing on Credit Monitoring and Recovery Section in performing

billing on non-performing loan/ assets.

Specific policies and procedures for each business are estblished

with the support from Risk Management Division. The policies

are constantly observed on any existing effectiveness and

violations occured. All kinds of deviation are directly reported

to the management to be reviewed and acted upon whenever

needed. Credit rating system is utilized to quantify the risks related

to the customers. This rating is based on the customers’ default

probabilities and is analized against several quantitative and

qualitative factors to produce risk assessment, risk control, and

price fixing. A solid early alert process has been implemented

to ensure early identification of decreasing potentials of credit

quality. This action enable preventive actions which may be

necessary to be executed should the credit quality is estimated to

be decrease.

Credit Monitoring and Recovery Section

In order to specialize the work function, a Credit Monitoring and

Recovery Section is separate section. This separation was intended

to provide independent recommendation in analysis process for

customers under supervision, to be more focus in performing

its duties, as well as to become more effective and efficient. The

functions are as follow:

• MonitoringandAnalysisFunction

To monitor and report on the development and management

of Monitoring and Analysis Function of debtor in relation to

compliance on credit requirements, to conduct performance

analysis on several debtors and submit recommendations on

recovery and /or credit settement to the Board of Directors



• Fungsi Pemulihan dan Penyelesaian

Melakukan proses penyelamatan kredit dan/ atau

penyelesaian kredit sesuai dengan rekomendasi dari

Fungsi Pemantauan dan Analisa yang telah disetujui

Direksi dan/atau Komite Kredit serta memonitor dan

melaporkan perkembangan atas kredit tersebut. Untuk

fokus pada penyelesaian rekening bermasalah melalui

penagihan, pengambilalihan agunan, restrukturisasi,

penjualan aset kredit, dan litigasi, serta mengelola secara

optimal semua aset yang diambilalih.

Pengelolaan aktiva yang bermasalah dilakukan secara terpisah

dari tugas Divisi Business Development tetapi dikelola oleh Seksi

Pengawasan dan Penyelamatan Kredit.

TeKnOLOGI & InFORMASI

Peranan Sistem Teknologi Informatika dalam Sistem

Informasi Manajemen

Pengembangan dan perbaikan dibidang Teknologi Informasi

(TI) terus dilakukan untuk memberikan dukungan yang optimal

bagi Bank dalam mencapai tujuan bisnis dan meningkatkan

kualitas layanan kepada nasabah. Dalam rangka mencapai hasil

yang optimal, prosedur kerja, informasi dan pengelolaannya

harus dikombinasikan dan dikoordinasikan secara baik.

Sistem Teknologi Informasi Bank Resona Perdania

Terkait dengan rencana relokasi kantor pusat dan pusat data

Bank, Divisi Sistem melakukan persiapan dan pengembangan

pusat data baru sehingga dalam proses relokasi akan tetap

menjamin bahwa bisnis Bank tetap berjalan dengan baik.

Persiapan dan pengembangan tersebut tidak hanya berfungsi

untuk menggantikan fungsi pusat data sebelumnya, namun

juga untuk meningkatkan ketersediaan atas infrastruktur dan

keamanannya, sehingga ketersediaan pusat data Bank lebih

terjamin untuk menjadi penyanggah operasional Bank sehari-

hari. Selain itu, dilakukan juga peremajaan, penambahan

perangkat jaringan dan perangkat keamanan untuk

mengantisipasi risiko tidak berfungsinya perangkat TI.

• RecoveryandSettlementFunction

To conduct credit recovery and / or settlement in accordance

with the recommendation from Monitoring and Analysis

Function which have been approved by the Board of

Directors and/or Credit Committee as well as to monitor and

report the development of such credit. In order to focus on

the settlement of problematic accounts by means of billing,

foreclosure, restructuring, credit asset selling, and litigation,

as well as optimally managing all assets being taken over.

Non-performing asset management is conducted separately from

Business Development Division duties but it managed by Credit

Monitoring and Recovery Section.

INFORMATION & TECHNOLOGY

The Role of Information Technology System in Management

Information System

The improvement and maintenance of Information Technology

(IT) are continously conducted to give optimum support for the

Bank in achieving its goals and improve its service quality to

the customers. In order to achieve optimum results, the work

procedure, information and management is well combined and

coordinated.

Information Technology System in Bank Resona Perdania

In relation to the relocation of head office and data center of the

Bank, System Division prepared and built the new data center

to ensure that the Bank can engage its normal business during

relocation. The preparation and development not only function

to replace the function of the previous data center, but also to

improve the availability of its infrastructure and safety, thus

ensuring the availability of the Bank’s data center to support its

daily operations. In addition, the restoration and addition of

network and security devices to anticipate malfunctions of IT

systems.



Rencana Pengembangan Teknologi Informasi pada tahun

2014

Adapun rencana strategi Teknologi Informasi untuk tahun

2014 meliputi hal-hal berikut:

• Pengembangan sistem Internet Banking Bank yang dapat

meningkatkan kepercayaan nasabah dalam bertransaksi

dengan mudah, cepat dan tetap menjaga keamanan

dalam bertransaksi.

• Penerapan Middleware Software/ Switching untuk

interface aplikasi internet banking dengan sistem terkait

lainnya yang diharapkan dapat mengefisienkan proses di

operasional Bank dan memberikan penigkatan layanan

dalam memenuhi kebutuhan transaksi nasabah.

• Pengembangan TI tidak hanya bertujuan untuk

pengembangan perangkat keras dan perangkat lunak

saja, namun juga peningkatan tanggung jawab kerja staf

yang bertugas dalam pengembangan TI Bank serta dapat

menjamin pengembangan TI terencana dengan baik dan

sejalan dengan tujuan bisnis Bank.

• Melakukan pengembangan terhadap aplikasi yang

berhubungan dengan peraturan dan pemerintah agar

sesuai dengan target pelaksanaannya.

SUMBeR DAYA MAnUSIASumber daya manusia Bank Resona Perdania memiliki latar

belakang pendidikan dan profesi yang sangat beragam. Upaya-

upaya untuk mengkonsolidasikan seluruh jajaran sumber daya

yang ada dilakukan secara serius dan berkesinambungan.

Langkah penyatuan visi dan misi serta penanaman nilai-nilai

perusahaan terus dilakukan melalui berbagai macam cara dan

pendekatan. Mengingat pentingnya proses ini sebagai bagian

integral dari strategi dan kebijakan besar perusahaan untuk

meningkatkan nilai dan kinerja perusahaan maka seluruh

elemen perusahaan berupaya memberikan kontribusinya

secara optimal.

Sumber daya manusia selalu menjadi faktor yang sangat

penting untuk menopang perjalanan ke arah strategi yang telah

ditetapkan. Oleh karena itu, Bank senantiasa mengembangkan

sistem pengelolaan sumber daya manusia secara terencana

dan terkoordinir untuk memastikan tercapainya capacity

IT Development Plan in 2014

The IT Development Plan for 2014 are:

• The development of Internet Banking system which

improve customers’ trust in easy and fast transaction while

maintaining safety and security.

• The implementation of Middleware Software/ Switching

for banking application interface with its related system

is expected to create efficiency in the Bank’s operational

process and provide increased services to fulfill customer

transaction needs.

• IT development is not only aimed at the development of

hardware and software, but also to improve the employees

work responsibility in developing IT as well as ensuring the

planned development of IT to be in line with the Bank’s

business purposes .

• Developing applications related to the regulations and the

government to be in line with the required target

HuMAN RESOuRCESBank Resona Perdania has human resources with various

education and profession background. Efforts to consolidate the

range of existing resources is conducted earnestly and sustainably.

The unification of vision and mission as well as the implementation

of corporate values continues to be incorporated through various

approaches. Given the importance of this process as an integral

part of the company’s fundamental strategy and policy to

improve the company’s value and performance, all elements of

the company shall give their optimum contribution.

Human resources remains the most important factor to support

the company’s journey to achieve the desired goal. Therefore,

the Bank strives to leverage its strength in human resources

management system according to plan and is well-coordinated

to ensure the achievement of capacity fulfilment and capacity



fulfilment dan capacity enhancement bagi seluruh pegawai.

Fokus Bank adalah mewujudkan sumber daya manusia yang

berintegritas, berkompeten dan profesional, serta berdedikasi

tinggi bagi pertumbuhan Bank.

Rekrutmen

Proses rekrutmen dilakukan sebagai upaya memenuhi capacity

gap seiring dengan perkembangan dan pertumbuhan bisnis

Bank yang terus meningkat. Bank melakukan proses rekrutmen

secara terorganisir dengan melibatkan para penanggungjawab

dari Divisi, Seksi, dan Cabang sebagai pengguna (user), sejak

awal proses penerimaan pegawai hingga tahap wawancara

untuk memastikan diterimanya calon pegawai yang sesuai

dengan kebutuhan Bank. Hingga 31 Desember 2013, jumlah

pegawai Bank Resona Perdania mencapai 307 orang dengan

kriteria pokok sebagai berikut:

• Sebanyak 194 orang atau 63,20% dari total pegawai

merupakan lulusan Sarjana dan di atasnya.

• Sebanyak 249 orang atau 81,11% dari total pegawai

berstatus sebagai karyawan tetap.

• Jumlah pegawai wanita adalah 152 orang, sedangkan

jumlah pegawai pria berjumlah 155 orang.

Berikut uraian jumlah pegawai dilihat dari tingkat

pendidikannya:

Tabel Komposisi Pegawai Bank Berdasarkan PendidikanTable of Bank Employee Composition Based on EducationPendidikanEducation 2013 % 2012 %

< SMA< Senior High School

47 15.31 51 17.41

D1-D3 D1 – D3

48 15.64 52 17.75

S1 Bachelor Degree

194 63.19 173 59.04

S2 Master Degree

18 5.86 17 5.80

Jumlah Total

307 100.00 293 100.00

enhancement for all employees. The Bank focus to create human

resources with integrity, competency and professionalism, as well

as highly dedicated to Bank’s growth.

Recruitment

Recruitment process is conducted as a mean to fill the capacity

gap in line with the increasing business development and growth.

The Bank conducts its recruitment process in an organized

way by involving all responsible personnels, including Division,

Section, and Branches as users since the early stage of employee

recruitment process up to interview stage to ensure that the

recruitment process is in accordance to the Bank’s needs. Up to

December 31, 2013, the number of employees of Bank Resona

Perdania reached 307 employees with particularly as follow:

• 194employeesor63.20%ofthetotalnumberofemployees

holds Bachelor degree and above

• 249employeesor81.11%ofthetotalnumberofemployees

are permanent employees.

• Female employees are amounted to 152 employees, while

male employees are amounted to 155 employees.

Description of the number of employees based on education is as

follows:



Jumlah pegawai bedasarkan status kerjanya, diuraikan sebagai berikut:

Tabel Komposisi Pegawai Bank Berdasarkan StatusTable of Bank Employee Composition Based on Employment Status

Status 2013 % 2012 %

Tetap Permanent

249 81.11 248 84.64

Kontrak Contract

53 17.26 40 13.65

Outsource 5 1.63 5 1.71

Jumlah Total

307 100.00 293 100.00

Jumlah pegawai dilihat berdasarkan jenis kelaminnya, diuraikan

sebagai berikut:

Tabel Komposisi Pegawai Bank Berdasarkan Jenis Kelamin Table of Bank Employee Composition Based on Gender

Jenis KelaminGender 2013 % 2012 %

Pria Male

155 50.49 145 49.49

Wanita Female

152 49.51 148 50.51

JumlahTotal

307 100.00 293 100.00

Pelatihan dan Pengembangan Pegawai

Pelatihan dan pengembangan karyawan dimaksudkan untuk

meningkatkan dan mengembangkan kualitas sumber daya

manusia secara terus menerus yang dilakukan melalui program

pelatihan yang komprehensif dan berkesinambungan sesuai

dengan kemampuan dan kebutuhan Bank. Adapun jenis

pelatihan dimaksud meliputi pelatihan yang bersifat technical

skill maupun yang bersifat soft skill.

Bank berkomitmen mengembangkan sumber daya manusia

secara berkesinambungan guna menjaga kualitas kinerja Bank

Resona Perdania. Bank juga memberikan kesempatan yang

sama bagi seluruh pegawai untuk meningkatkan kompetensi

melalui berbagai pelatihan yang diselenggarakan. Pelatihan

dan pengembangan kemampuan pegawai, dilakukan melalui

Description of employment status is as follows:

Description of the number of employee based on gender is as

follows:

Employees Training and Development

Employees training and development are aimed to continuously

improve and develop the quality of human resources which are

conducted through comprehensive and sustainable training

programs in accordance with the Bank’s growth needs. The types

of trainings include technical skill trainings and soft skill trainings.

The Bank commits in the sustainable development of human

resources to maintain performance quality of Bank Resona

Perdania. The Bank also offers equal opportunities for all

employees to increase their competence through numerous

trainings. The trainings and development of employees’ skills are

conducted through internal training, on the job training, and



berbagai training, baik internal training, dan eksternal training,.

Adapun internal training meliputi pelatihan tentang Code of

Conduct dan Know Your Employee, sedangkan eksternal training

meliputi pelatihan Pengetahuan Dasar Perbankan dan Lanjutan

Pengetahuan Perbankan, Pengetahuan Manajemen Risiko dan

Kepemimpinan Bank.

Bank secara berkala mengikutsertakan setiap pegawai untuk

mengikuti berbagai jenis pelatihan sesuai dengan tugas dan

tanggung jawab masing-masing. Bank mengikutsertakan

pelatihan Pengetahuan Dasar Perbankan (Basic Banking

Knowledge) untuk dapat memahami pengetahuan teknis

perbankan pada umumnya serta sistem dan prosedur

operasional perbankan yang berlaku di Bank bagi karyawan

baru. Kemudian pada tahap berikutnya, karyawan yang

telah mengikuti pelatihan Pengetahuan Dasar Perbankan

tersebut diikutsertakan pada pelatihan Lanjutan Pengetahuan

Perbankan (Pre Intermediate Banking Knowledge). Bank juga

mengikutsertakan karyawan dalam program sertifikasi

manajemen risiko, kepemimpinan Bank, dan pelatihan lainnya

Adapun jumlah karyawan yang telah lulus ujian sertifikasi

manajemen risiko sampai dengan periode tahun 2013 adalah

sebagai berikut :

Tingkat Sertifikat Certificate Level Level I Level II Level III Level IV Level V Total

Jumlah Pegawai Total Employee

36 20 54 31 15 156

TAnGGUnG JAWAB SOSIAL PeRUSAhAAnBank Resona Perdania tidak semata-mata melakukan

bisnis, melainkan lebih dari itu, Bank secara konsisten turut

berpartisipasi dalam menjalankan program Tanggung Jawab

Sosial atau Corporate Social Responsibility (CSR). Bank memiliki

tanggung jawab dalam upaya pembangunan ekonomi

berkelanjutan demi meningkatkan taraf hidup masyarakat.

Hal ini diharapkan dapat memberikan manfaat seluas-luasnya

baik bagi para pemangku kepentingan, pemegang saham dan

Perusahaan. CSR merupakan bentuk keseimbangan antara

external training. Internal trainings consist of Code of Conduct

and Know Your Employee trainings, while external trainings are

such as of Basic Banking Knowledge, Pre-Intermediate Banking

Knowledge, Risk Management and Bank Leadership.

The Bank regularly engages all employees to participate

in numerous trainings in accordance with their duties and

responsibilities. The Bank engages in trainings of Basic Banking

Knowledge to fully understand the common technical knowledge

in banking as well as the applicable banking system and procedure

in the Bank for new employees. In the next step, the employees

who have participated in trainings of Basic Banking Knowledge

are engaged in Pre-Intermediate Banking Knowledge training. The

Bank also engages its employees in risk management certification

program, Bank leadership, and other trainings.

The number of employees who have graduated from risk

management certification examination until the period of 2013 is

as follows:

CORPORATE SOCIAL RESPONSIBILITYBank Resona Perdania does not only engage in business, but more

than that, it consistently participates in conducting Corporate

Social Responsibility (CSR) programs. The Bank is responsible in

developing sustainable economy to improve the communities’

wealth. This act is expected to provide huge benefits for all

stakeholders, shareholders and the company. CSR is a form of

balance between achieving maximum profit and the Bank

contribution in to the community welfare, including for employees

and surrounding environment.




usaha Bank dalam pencapaian keuntungan yang maksimal

dengan dan dalam mewujudkan kesejahteraan masyarakat,

baik karyawan serta lingkungan sekitar.

Program Sumbangan Peralatan Pendidikan Untuk Sekolah

Dasar negeri di Desa Sukaresmi

Pada bulan Juni 2013, Bank Resona Perdania ikut berpartisipasi

dalam penyelenggaraan program Corporate Social Responsibility

yang diselenggarakan oleh PT East Jakarta Industrial Park

(EJIP). Pada kegiatan CSR tersebut telah diberikan bantuan

kepada 2.526 siswa dari 5 (lima) Sekolah Dasar Negeri di

Desa Sukaresmi yang diberikan dalam bentuk alat tulis. Acara

tersebut berjalan dengan lancar dan mendapat respon yang

positif. Diharapkan peralatan tulis yang telah diberikan dapat

mendukung kegiatan belajar siswa/i tersebut. Bank Resona

Perdania berkomitmen untuk terus meningkatkan peran

sertanya dalam pembangunan dunia pendidikan di Indonesia.

Program Kerjasama Beasiswa Antara Bank Resona Perdania

Dengan Institut Koperasi Indonesia (IKOPIn)

Sebagai wujud konstribusi positif Bank terhadap dunia

pendidikan di Indonesia, pada tanggal 3 September 2013, Bank

Resona Perdania telah menandatangani perjanjian kerjasama

beasiswa dengan IKOPIN untuk memberikan beasiswa penuh

kepada dua (2) orang mahasiswa/i terpilih dari IKOPIN. Acara

tersebut dihadiri oleh segenap jajaran pimpinan institut, dosen

dan mahasiswa/i. Perjanjian kerjasama beasiswa antara Bank

Resona Perdania dengan IKOPIN ditandatangani oleh Direktur

Bank Resona Perdania, Bapak Iding Suherdi dan Rektor IKOPIN

Bapak Burhanuddin Abdullah. Dengan kerjasama beasiswa ini,

diharapkan dapat membantu mahasiswa/i penerima beasiswa

dalam melaksanakan aktivitas perkuliahannya, dan juga dapat

meningkatkan peran sosial Bank terhadap kemajuan dunia

pendidikan di Indonesia.

Program Pemberian Beasiswa Kepada Mahasiswa/i

Universitas Indonesia, Fakultas Ilmu Pengetahuan Budaya,

Program Studi Bahasa Jepang (FIB-UI)

Bank Resona Perdania akan kembali melakukan pemberian

beasiswa kepada 7 (tujuh) mahasiswa/i berprestasi dari FIB-

UI Program Studi Bahasa Jepang. Beasiswa diberikan dalam

Donation Program of Educational Needs For Elementary

Schools in Sukaresmi Village

On June 2013, Bank Resona Perdania participated in the

performance of Corporate Social Responsibility program held

by PT East Jakarta Industrial Park (EJIP). In the CSR activity,

donations were distributed to 2,526 students from 5 (five) Public

Elementary School in Sukaresmi Village in the form of stationaries.

The event went in a good manner and received positive responds.

The stationaries donated were expected to support the students’

learning activities. Bank Resona Perdania was committed in the

continuously improvement of its role in building Indonesia’s

education.

Joint Scholarship Program Between Bank Resona Perdania

WithInstitutKoperasiIndonesia(IKOPIN)

As a form of positive contribution of the Bank to the education

in Indonesia, on September 2013, Bank Resona Perdania had

signed a joint scholarship agreement with IKOPIN to provide full

scholarship to two (2) college students selected by IKOPIN. The

event was attended by heads of the institute, lecturers, and college

students. The joint scholarship program between Bank Resona

Perdania with IKOPIN was signed by the Director of Bank Resona

Perdania, Mr. Iding Suherdi and Rector of IKOPIN, Mr. Burhanuddin

Abdullah. The joint scholarship program was expected to support

the scholarship recipients in attending their learning activities and

improved the Bank’s social roles in the advancement of education

in Indonesia.

Scholarship Program For Students of university of Indonesia,

Faculty of Humanities, Japanese Studies Program

Bank Resona Perdania will provided scholarships for 7 (seven)

students with extraordinary achievements from Faculty of

Humanities, Japanese Studies Program. The scholarship program



bentuk bantuan uang kuliah dan uang saku secara tunai yang

diharapkan dapat terus meningkatkan prestasi serta dapat

membantu mahasiswa/i untuk menyelesaikan kuliah.

PROGRAM eDUKASI PeRBAnKAn TAhUn 2013

Program edukasi Perbankan di SMK Muhammadiyah 2,

Jakarta

Tanggal 16 Mei 2013, Bank Resona Perdania menyelenggarakan

Program Edukasi Perbankan kepada Pelajar di Sekolah

Menengah Kejuruan (SMK) Muhammadiyah 2 Jakarta. Pada

kegiatan ini, Bank Resona Perdania memberikan edukasi

mengenai produk dan jasa bank secara umum. Pada

kesempatan ini juga telah diserahkan satu buah notebook

untuk mendukung kegiatan belajar di SMK Muhammadiyah

2 sekaligus sebagai implementasi program Corporate

Social Responsibility (CSR). Bank Resona Persania akan terus

meningkatkan kesadaran publik mengenai perbankan dan

berharap dapat berkontribusi dalam memberikan edukasi

perbankan kepada masyarakat.

Program edukasi Perbankan Bank Resona Perdania ke SMA

Islam Said na’um Jakarta

Tanggal 19 September 2013, Bank Resona Perdania kembali

menyelenggarakan Program Edukasi Perbankan kepada

siswa/i di Sekolah Menengah Atas (SMA) Islam Said Naum

Jakarta. Kegiatan edukasi perbankan tersebut bertujuan untuk

meningkatkan pemahaman siswa mengenai produk dan jasa

perbankan, membangun minat siswa/i pada perbankan / “Bank

Minded Awareness” dan meningkatkan kesadaran siswa/i

mengenai aspek kehati-hatian dalam bertransaksi. Edukasi

perbankan tersebut berjalan dengan baik dan diterima oleh

para siswa/i dengan cukup antusias. Terlihat dari partisipasi

siswa/i bertanya seputar perbankan mengenai produk dan

jasa bank. Pada kesempatan ini juga diserahkan satu buah

notebook untuk mendukung kegiatan belajar di SMA Islam

Said Naum sekaligus sebagai implementasi program Corporate

Social Responsibility (CSR).

was given in the form of tuition fee and allowance, both in cash

form, to improve the students’ achievements and support them in

finishing their studies.

BANKING EDuCATION PROGRAM IN 2013

Banking Education Program in SMK Muhammadiyah 2,

Jakarta

On May 16 2013, Bank Resona Perdania held Banking Eduction

Program for Students in Vocational School (Sekolah Menengah

Kejuruan – SMK) Muhammadiyah 2 Jakarta. In this event, the Bank

provided education on common banking products and services.

In this occasion, one notebook had been handed to the school to

support the learning activities in SMK Muhammadiyah 2 as well as

a form of implementation of Corporate Social Responsibility (CSR)

program. Bank Resona Perdania would strive to improve public

conscience on banking in the hope for contributing in providing

banking education to the communities.

Banking Education Program of Bank Resona Perdania in

Na’um Islamic Senior High School Jakarta

On September 19, 2013, Bank Resona Perdania held Banking

Education Program for the students of Islamic Senior High

School Said Naum Jakarta. The banking education was aimed to

increase the students’ understanding on banking products and

services, building the students’ interest in banking /”Bank Minded

Awareness” and improve the students’ awareness of prudential

aspects in transaction. The event was a success and was accepted

enthusiastically by the students as observed from the students’

participation in asking questions on banking products and

services. In this event, the Bank gave one notebook to support

the learning activities in Islamic Senior High School Said Naum,

as well as an implementation of Corporate Social Responsibility

(CSR) program.

Laporan Keuangan Konsolidasi dan Informasi TambahanConsolidated Financial Statement and Supplementary Information

Halaman ini sengaja dikosongkan

This page is intentionally left blank


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK /AND ITS SUBSIDIARY LAPORAN KEUANGAN KONSOLIDASIAN / CONSOLIDATED FINANCIAL STATEMENTS UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2013 / FOR THE YEAR ENDED DECEMBER 31, 2013

DAN LAPORAN AUDITOR INDEPENDEN/ AND INDEPENDENT AUDITORS’ REPORT


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK DAFTAR ISI

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY

TABLE OF CONTENTS Halaman/

Page

LAPORAN KEUANGAN KONSOLIDASIAN -

Pada tanggal 31 Desember 2013 serta untuk tahun yang berakhir pada tanggal tersebut

CONSOLIDATED FINANCIAL STATEMENTS - As of December 31, 2013 and for the year then ended

Laporan Posisi Keuangan Konsolidasian 3 Consolidated Statement of Financial Position Laporan Laba Rugi Komprehensif Konsolidasian

5 Consolidated Statement of Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian 6 Consolidated Statement of Changes in Equity Laporan Arus Kas Konsolidasian 7 Consolidated Statement of Cash Flows Catatan atas Laporan Keuangan Konsolidasian

9 Notes to Consolidated Financial Statements

INFORMASI TAMBAHAN SUPPLEMENTARY INFORMATION

Daftar I : Informasi Laporan Posisi Keuangan Tersendiri Entitas Induk

110 Schedule I : Parent Entity’s Statement of Financial Position

Daftar II : Informasi Laporan Laba Rugi

Komprehensif Tersendiri Entitas Induk

112 Schedule II : Parent Entity’s Statement of Comprehensive Income

Daftar III : Informasi Laporan Perubahan

Ekuitas Tersendiri Entitas Induk 113 Schedule III : Parent Entity’s Statement of

Changes in Equity Daftar IV : Informasi Laporan Arus Kas

Tersendiri Entitas Induk 114 Schedule IV : Parent Entity’s Statement of

Cash Flows

1112013 Annual Report • PT Bank Resona Perdania 1112013 Annual Report • PT Bank Resona Perdania


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARYLAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION31 DESEMBER 2013 DECEMBER 31, 2013

Catatan/Notes 2013 2012

Rp Rp

ASET ASSETS

Kas 25.246.649.960 18.079.790.314 Cash

Giro pada Bank Indonesia 5 874.510.815.723 672.666.006.456 Demand Deposits with Bank Indonesia

Giro pada Bank Lain 6 Demand Deposits with Other BanksPihak berelasi 35 6.316.572.336 19.307.922.842 Related parties Pihak ketiga 852.678.575.413 554.492.093.214 Third parties Jumlah 858.995.147.749 573.800.016.056 Total

Penempatan pada Bank Indonesia dan Placements with Bank Indonesia Bank Lain and Other BanksPihak ketiga 7 1.724.590.000.000 1.662.226.000.000 Third partiesBunga yang belum diamortisasi (222.918.816) (162.371.795) Unamortized interestJumlah 1.724.367.081.184 1.662.063.628.205 Total

Efek-efek SecuritiesPihak ketiga 8 274.571.778.230 198.095.233.687 Third partiesPendapatan dan biaya yang belum diamortisasi (3.861.454.790) (3.620.379.025) Unamortized interest income and expensesJumlah 270.710.323.440 194.474.854.662 Total

Tagihan Derivatif - Pihak ketiga 9 36.994.833.601 13.859.654.884 Derivative Receivables - Third parties

Kredit LoansPihak ketiga 9.711.393.550.236 8.254.566.328.881 Third partiesCadangan kerugian penurunan nilai 10 (75.295.888.611) (100.368.274.176) Allowance for impairment lossesBersih 9.636.097.661.625 8.154.198.054.705 Net

Tagihan Akseptasi - Pihak ketiga 11 189.855.682.189 196.185.496.158 Acceptances Receivable - Third parties

Piutang Sewa Pembiayaan Finance Lease Receivables Pihak ketiga 12 329.613.535.197 322.900.630.587 Third partiesCadangan kerugian penurunan nilai (118.429.818) (134.045.350) Allowance for impairment lossesBersih 329.495.105.379 322.766.585.237 Net

Piutang Pembiayaan Konsumen Consumer Financing Receivables Pihak ketiga 572.869.935 843.015.574 Third partiesCadangan kerugian penurunan nilai (157.740) (275.349) Allowance for impairment lossesBersih 572.712.195 842.740.225 Net

Tagihan Anjak Piutang Factoring Receivables Pihak ketiga 38.402.449.215 8.057.408.455 Third parties Cadangan kerugian penurunan nilai (10.020.570) (2.632.731) Allowance for impairment lossesBersih 38.392.428.645 8.054.775.724 Net

Biaya Dibayar di Muka 13 71.934.400.650 7.264.382.301 Prepaid Expenses

Aset Tidak Lancar Yang Dimiliki Untuk Dijual 13,14 - 123.998.675.000 Non Current Assets Held for Sale

Aset Tetap 14 Premises and EquipmentsBiaya perolehan 48.095.584.111 40.107.161.030 CostAkumulasi penyusutan (34.809.349.648) (31.408.854.831) Accumulated depreciationJumlah tercatat 13.286.234.463 8.698.306.199 Carrying amount

Aset Lain-Lain 15 48.002.299.408 13.896.490.273 Other Assets

JUMLAH ASET 14.118.461.376.211 11.970.849.456.399 TOTAL ASSETS

Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian See accompanying notes to consolidated financial statementsyang tidak terpisahkan dari laporan keuangan konsolidasian. which are an integral part of the consolidated financial statements.

- 3 -


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARYLAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION31 DESEMBER 2013 (Lanjutan) DECEMBER 31, 2013 (Continued)

Catatan/Notes 2013 2012

Rp RpLIABILITAS DAN EKUITAS LIABILITIES AND EQUITY

LIABILITAS LIABILITIES

Liabilitas Segera 16 2.967.330.086 75.980.828.870 Liabilities Payable Immediately

Simpanan 17 DepositsPihak berelasi 35 216.924.292 96.546.035 Related partiesPihak ketiga 6.780.206.706.606 5.433.319.684.774 Third partiesJumlah 6.780.423.630.898 5.433.416.230.809 Total

Simpanan dari Bank Lain 18 Deposits from Other BanksPihak berelasi 35 1.320.269.585 96.900.018.785 Related partiesPihak ketiga 365.100.000.000 751.000.000.000 Third partiesJumlah 366.420.269.585 847.900.018.785 Total

Liabilitas Derivatif - Pihak ketiga 9 23.270.977.632 7.823.961.247 Derivative Payables - Third parties

Liabilitas Akseptasi - Pihak ketiga 11 189.855.682.189 197.214.506.867 Acceptances Payable - Third parties

Surat Berharga yang Diterbitkan - Bersih 19 448.153.449.532 597.388.162.729 Securities Issued - Net

Utang Pajak 20,32 24.472.922.000 18.635.953.512 Taxes Payable

Pinjaman yang Diterima 21 BorrowingsPihak berelasi 35 2.729.076.500.000 1.336.167.300.000 Related partiesPihak ketiga 1.105.935.945.000 1.318.778.824.250 Third partiesJumlah 3.835.012.445.000 2.654.946.124.250 Total

Biaya Masih Harus Dibayar 22 41.416.701.558 36.342.773.563 Accrued Expenses

Liabilitas Pajak Tangguhan 32 33.767.874.850 26.877.480.210 Deferred Tax Liabilities

Liabilitas Imbalan Pasca Kerja 23 238.643.280 188.969.806 Post-Employment Benefits Obligation

Liabilitas Lain-Lain 13 10.696.617.482 159.317.673.224 Other Liabilities

Jumlah Liabilitas 11.756.696.544.092 10.056.032.683.872 Total Liabilities

EKUITAS EQUITY

Modal Saham - nilai nominal Rp 100.000 Capital Stock - Rp 100,000 par value per saham per shareModal dasar - 5.000.000 saham Authorized - 5,000,000 sharesModal ditempatkan dan disetor - Issued and paid-up - 2,850,000

2.850.000 saham 24 285.000.000.000 285.000.000.000 shares Tambahan Modal Disetor Additional Paid-in Capital

Agio Saham 116.788.145.625 116.788.145.625 Additional Paid-in Capital Difference in Value from Restructuring

Selisih Nilai Transaksi Restrukturisasi Transaction among Entities under Entitas Sepengendali 25 (13.631.394.437) - Common Control

Difference in Value from Restructuring Selisih Nilai Transaksi Restrukturisasi Transaction among Entities under

Entitas Sepengendali - (13.631.394.437) Common ControlSaldo Laba Retained Earnings

Ditentukan penggunaannya 1.407.440.515.883 1.158.845.757.883 AppropriatedBelum ditentukan penggunaannya 566.159.452.946 367.806.949.621 Unappropriated

Ekuitas yang Dapat Diatribusikan Equity Attributable to Equity Holders of thekepada Pemilik Entitas Induk 2.361.756.720.017 1.914.809.458.692 Parent Entity

Kepentingan Non-Pengendali 8.112.102 7.313.835 Non-Controlling Interest

Jumlah Ekuitas 2.361.764.832.119 1.914.816.772.527 Total Equity

JUMLAH LIABILITAS DAN EKUITAS 14.118.461.376.211 11.970.849.456.399 TOTAL LIABILITIES AND EQUITY


- 4 -


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARYLAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEUNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED31 DESEMBER 2013 DECEMBER 31, 2013

Catatan/2013 Notes 2012Rp Rp

PENDAPATAN DAN BEBAN OPERATING REVENUES AND OPERASIONAL EXPENSES

Pendapatan Bunga Interest RevenuesBunga yang diperoleh 693.482.556.587 26 640.851.176.356 Interest earnedProvisi dan komisi 15.812.479.057 13.978.320.055 Fees and commissions

Jumlah pendapatan bunga 709.295.035.644 654.829.496.411 Total interest revenues

Beban Bunga Interest ExpensesBunga yang dibayar 242.185.698.307 27 234.897.298.515 Interest incurredProvisi dan komisi 2.230.398.223 1.968.046.149 Fees and commissionsPremi penjaminan 12.092.474.696 41 11.017.465.674 Guarantee premium

Jumlah beban bunga 256.508.571.226 247.882.810.338 Total interest expenses

Pendapatan Bunga - Bersih 452.786.464.418 406.946.686.073 Interest Revenues - Net

Pendapatan dan Beban Operasional Other Operating Revenues and Lainnya Expenses

Pendapatan operasional lainnya Other operating revenuesKeuntungan transaksi mata uang

asing - bersih 100.396.467.788 76.002.910.250 Gain on foreign exchange - netProvisi dan komisi lainnya 34.579.099.382 28 29.597.377.808 Other fees and commissionsLain-lain - bersih 4.330.593.735 2.566.646.537 Others - net

Jumlah Pendapatan Operasional Lainnya 139.306.160.905 108.166.934.595 Total Other Operating Revenues

Beban cadangan kerugian Provision for allowance for impairmentpenurunan nilai 81.647.155.728 29 2.142.020.506 losses

Beban Operasional Lainnya Other Operating ExpensesUmum dan administrasi 83.736.111.579 30 63.508.523.609 General and administrative Tenaga kerja 81.245.113.780 31 69.579.106.847 Personnel Provisi dan komisi lainnya 12.793.862.603 12.342.032.642 Other fees and commissions

Jumlah Beban Operasional Lainnya 177.775.087.962 145.429.663.098 Total Other Operating Expenses

Beban Operasional Lainnya - Bersih 120.116.082.785 39.404.749.009 Other Operating Expenses - Net

LABA OPERASIONAL 332.670.381.633 367.541.937.064 INCOME FROM OPERATIONS

PENDAPATAN (BEBAN) NON OPERASIONAL NON-OPERATING REVENUES (EXPENSES)Keuntungan (kerugian) atas penjualan aset tetap (202.755.610) 14 33.786.364 Gain (loss) on sale of premises and equipmentKeuntungan atas penjualan aset tidak lancar Gain on sale of non current assets held

yang dimiliki untuk dijual 266.689.625.254 13 - for salePendapatan sewa 2.510.364.139 2.761.000.439 Rental incomeLain-lain - bersih 511.903.757 (210.949.553) Others - net

Jumlah Pendapatan Non Operasional - Bersih 269.509.137.540 2.583.837.250 Total Non Operating Revenues - Net

LABA SEBELUM BEBAN PAJAK 602.179.519.173 370.125.774.314 INCOME BEFORE TAX EXPENSE

BEBAN PAJAK - BERSIH 85.206.559.581 32 92.966.103.316 TAX EXPENSE - NET

LABA BERSIH TAHUN BERJALAN DAN NET PROFIT FOR THE YEAR AND

JUMLAH LABA KOMPREHENSIF 516.972.959.592 277.159.670.998 TOTAL COMPREHENSIVE INCOME

LABA BERSIH DAN JUMLAH LABA KOMPREHENSIF YANG DAPAT NET INCOME AND TOTAL COMPREHENSIVEDIATRIBUSIKAN KEPADA : INCOME ATTRIBUTABLE TO :Pemilik entitas induk 516.971.761.325 277.158.559.860 Equity holdersKepentingan non pengendali 1.198.267 1.111.138 Non-controlling interest

516.972.959.592 277.159.670.998

LABA PER SAHAM DASAR/DILUSIAN 181.394 33 97.249 BASIC/DILUTED EARNINGS PER SHARE

Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian See accompanying notes to consolidated financial statementsyang tidak terpisahkan dari laporan keuangan konsolidasian. which are an integral part of the consolidated financial statements.Lihat catatan atas laporan keuangan Lihat catatan atas laporan keuangan Lihat catatan atas laporan keuangan Lihat catatan atas laporan keuangan

- 5 -


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- 6

-


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARYLAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWSUNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED31 DESEMBER 2013 DECEMBER 31, 2013

2013 2012Rp Rp

ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIESLaba sebelum beban pajak 602.179.519.173 370.125.774.314 Income before tax expensePenyesuaian untuk: Adjustments for:

Pendapatan bunga (693.482.598.104) (640.851.176.356) Interest revenueBeban bunga 242.185.739.824 234.897.298.515 Interest expenseBeban cadangan kerugian Provision for allowance

penurunan nilai 81.647.155.728 2.142.020.506 for impairment lossesDepreciation of premises and equipment

Penyusutan aset tetap dan aset lain-lain 3.844.761.590 6.071.403.595 and other assetsBeban imbalan pasca kerja 10.992.453.631 9.207.039.100 Post-employment benefits expenseKerugian (keuntungan) atas penjualan aset tetap 202.755.610 (33.786.364) Loss (gain) on sale of premises and equipmentKeuntungan atas penjualan aset tidak lancar

tersedia untuk dijual (266.689.625.254) - Gain on sale of non-current assets held for saleSelisih kurs atas cadangan kerugian Net foreign exchange loss on allowance

penurunan nilai 3.888.788.738 4.359.324.491 for impairment lossesAmortisasi atas biaya emisi 1.914.786.802 1.547.728.966 Amortization of issuance cost

Arus kas operasi sebelum perubahan Operating cash flows before changes in modal kerja (13.316.262.262) (12.534.373.233) working capital

Perubahan modal kerja: Changes in working capital:Penempatan pada Bank Indonesia Placements with Bank Indonesia and

dan bank lain (68.364.000.000) (56.975.972.051) other banksKredit (1.567.443.896.688) (1.233.521.235.052) LoansTagihan derivatif (23.135.178.717) (6.193.855.161) Derivative receivablesTagihan akseptasi 6.329.813.969 64.666.273.291 Acceptances receivablePiutang sewa pembiayaan (6.712.904.609) (44.323.541.907) Finance lease receivablesPiutang pembiayaan konsumen 270.145.639 1.169.415.194 Consumer financing receivablesTagihan anjak piutang (30.345.040.760) 1.442.591.545 Factoring receivablesAset lain-lain (91.152.439.278) 5.868.697.368 Other assetsLiabilitas segera (73.013.498.784) 74.539.716.984 Liabilities payable immediatelySimpanan 1.347.007.400.089 505.506.205.786 DepositsLiabilitas derivatif 15.447.016.385 2.881.736.827 Derivative payablesUtang pajak 4.805.453.377 1.763.443.333 Taxes payableLiabilitas akseptasi (7.358.824.678) (63.637.262.582) Acceptances payableLiabilitas imbalan pasca kerja (10.942.780.157) (9.156.325.708) Post-employment benefits obligationLiabilitas lain-lain (102.130.426.190) 196.215.451.106 Other liabilities

Kas yang Digunakan untuk Aktivitas Operasi (620.055.422.664) (572.289.034.260) Cash Used in Operating Activities Pembayaran pajak penghasilan (77.284.649.830) (80.717.594.254) Income tax paidBunga yang diterima 685.859.209.898 635.850.946.649 Interest receivedBunga yang dibayar (283.602.441.382) (271.240.072.078) Interest paid

Kas Bersih Digunakan Untuk Aktivitas Operasi (295.083.303.978) (288.395.753.943) Net Cash Used In Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIESPenempatan efek-efek (76.235.468.778) (141.379.572.205) Placement in securities

Proceeds from sale of premises and Hasil penjualan aset tetap 16.602.153 33.786.364 equipment Hasil penjualan aset tidak lancar tersedia Proceeds from sale of non-current assets

untuk dijual 390.688.300.254 - held for salePerolehan aset tetap (8.652.047.617) (6.711.109.108) Acquisitions of premises and equipment

Kas Bersih Diperoleh dari (Digunakan untuk) Net Cash Provided by (Used in) InvestingAktivitas Investasi 305.817.386.012 (148.056.894.949) Activities


- 7 -


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARYLAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWSUNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED31 DESEMBER 2013 DAN 2012 (Lanjutan) DECEMBER 31, 2013 AND 2012 (Continued)

2013 2012Rp Rp

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIESKenaikan (penurunan) pinjaman yang diterima 1.180.066.320.750 (174.122.544.650) Increase(decrease) in borrowingsPenerimaan (pembayaran) surat berharga yang

diterbitkan (151.149.499.999) 298.670.500.000 Proceeds from (payment of) securities issuedKenaikan (penurunan) simpanan dari bank lain (481.479.749.200) 620.397.138.110 Increase (decrease) in deposits from other banksPembayaran dividen (70.024.500.000) (62.985.000.000) Dividend paymentsPembayaran dividen tunai entitas Payments of subsidiaries' cash dividends

anak kepada non-pengendali (400.000) (319.783) to non-controlling interest

Kas Bersih Diperoleh dari Aktivitas Pendanaan 477.412.171.551 681.959.773.677 Net Cash Provided by Financing Activities

KENAIKAN BERSIH KAS DAN SETARA KAS 488.146.253.585 245.507.124.785 NET INCREASE IN CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AWAL TAHUN 2.666.383.441.031 2.420.876.316.246 BEGINNING OF YEAR

CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AKHIR TAHUN 3.154.529.694.616 2.666.383.441.031 END OF YEAR

PENGUNGKAPAN TAMBAHAN SUPPLEMENTAL DISCLOSURESKas dan setara kas terdiri dari: Cash and cash equivalents consist of:

Kas 25.246.649.960 18.079.790.314 CashGiro pada Bank Indonesia 874.510.815.723 672.666.006.456 Demand deposits with Bank IndonesiaGiro pada bank lain 858.995.147.749 573.800.016.056 Demand deposits with other banksPenempatan pada Bank Indonesia Placements with Bank Indonesia

dan bank lain 1.395.777.081.184 1.401.837.628.205 and other banks

Jumlah 3.154.529.694.616 2.666.383.441.031 Total


- 8 -


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2013

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED DECEMBER 31, 2013

- 9 -

1. UMUM

1. GENERAL

a. Pendirian dan Informasi Umum

P.T. Bank Resona Perdania (Bank) didirikan berdasarkan akta No. 104 tanggal 31 Desember 1953 dari Raden Meester Soewandi, S.H., notaris di Jakarta. Akta pendirian tersebut telah disahkan oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusan No. J.A.5/15/11 tanggal 15 Pebruari 1956 dan diumumkan dalam Berita Negara Republik Indonesia No. 168, Tambahan No. 17 tanggal 28 Pebruari 1956.

a. Establishment and General Information

P.T. Bank Resona Perdania (the “Bank”) was established by virtue of deed No. 104 dated December 31, 1953 of Raden Meester Soewandi, S.H., notary public in Jakarta. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia through Decision Letter No. J.A.5/15/11 dated February 15, 1956 and was published in State Gazette of the Republic of Indonesia No. 168, Supplement No. 17 dated February 28, 1956.

Berdasarkan Surat Keputusan Menteri Keuangan Republik Indonesia No. 260486/UMII tanggal 23 Desember 1957, Bank memperoleh izin usaha untuk beroperasi sebagai bank umum dan berdasarkan Surat Keputusan Bank Indonesia No. 1/2KEP/DIR tanggal 28 Pebruari 1969 telah disetujui menjadi Bank Devisa.

Based on the Minister of Finance of the Republic of Indonesia’s Decision Letter No. 260486/UMII dated December 23, 1957, the Bank obtained its license to operate as a commercial bank. Pursuant to Bank Indonesia’s Decree No. 1/2KEP/DIR dated February 28, 1969, the Bank’s status was upgraded to a foreign exchange bank.

Sehubungan dengan penggabungan usaha antara The Daiwa Bank Limited selaku pemegang saham mayoritas Bank dengan The Asahi Bank Limited dimana dalam penggabungan usaha tersebut nama The Daiwa Bank Limited, berubah menjadi “Resona Bank Limited”, maka berdasarkan akta perubahan anggaran dasar perseroan No. 15 tanggal 11 April 2003 yang dibuat oleh Notaris Hendra Karyadi, S.H., nama Bank telah diubah menjadi “PT Bank Resona Perdania”. Perubahan Anggaran Dasar tersebut telah disetujui oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusan No.C-09311HT.01.04.TH.2003 tanggal 29 April 2003 dan diumumkan dalam Berita Negara Republik Indonesia No. 6, tambahan No. 756 tanggal 20 Januari 2004.

In connection with the merger of the Bank’s majority shareholder, The Daiwa Bank Limited, with The Asahi Bank Limited where the majority shareholder’s name was changed to Resona Bank Limited, the Bank’s name was changed to PT Bank Resona Perdania, based on the amendment of the Bank’s Articles of Association No. 15 dated April 11, 2003 of Notary Hendra Karyadi, S.H., which have been approved by the Minister of Justice through Decision Letter No. C-09311 HT.01.04.TH.2003 dated April 29, 2003, and published in State Gazette of the Republic of Indonesia No. 6, Supplement No. 756 dated January 20, 2004.

Anggaran dasar Bank telah mengalami beberapa kali perubahan, yang terakhir dengan Akta No. 6 tanggal 26 Nopember 2013 dari Muliani, S.H., M.kn., notaris di Jakarta mengenai pemindahan tempat kedudukan Perseroan. Perubahan anggaran dasar tersebut telah disetujui oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dalam Surat Keputusan No. AHU-67009.A.H.01.02 tanggal 19 Desember 2013.

The Bank’s articles of association have been amended several times, the latest by Deed No. 6 dated November 26, 2013 of Muliani, S.H., M.kn., notary in Jakarta, pertaining to the translocation of domicile of the Company. Such amendments were approved by the Minister of Law and Human Rights of the Republic of Indonesia in Decision Letter No. AHU-67009.A.H.01.02 dated December 19, 2013.

Sesuai dengan pasal 3 anggaran dasar Bank, ruang lingkup kegiatan Bank adalah melakukan usaha di bidang perbankan. Bank mulai beroperasi secara komersial pada bulan Pebruari 1958.

In accordance with article 3 of the Bank’s Articles of Association, the scope of its activities is to engage in the banking industry. The Bank started its commercial activities in February 1958.


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2013 (Lanjutan)


FOR THE YEAR ENDED DECEMBER 31, 2013 (Continued)

- 10 -

Kantor pusat Bank berlokasi di Menara Mulia Lt. 5&6, Suite 501 dan 601, Jl. Jenderal Gatot Subroto Kav. 9-11, Karet Semanggi Setiabudi, Jakarta 12930 Indonesia. Bank mempunyai dua kantor cabang di Surabaya dan Bandung serta tiga kantor cabang pembantu berlokasi di Cikarang, Karawang dan Cibitung.

The Bank’s head office is located at Menara Mulia 5&6 Floor, Suite 501 and 601, Jl. Jenderal Gatot Subroto Kav. 9-11, Karet Semanggi Setiabudi, Jakarta 12930 Indonesia. The Bank has two branch offices located in Surabaya and Bandung and three sub-branch offices located in Cikarang, Karawang and Cibitung.

Jumlah karyawan Bank pada tanggal 31 Desember 2013 dan 2012 masing-masing adalah 294 dan 281 orang.

As of December 31, 2013 and 2012, the Bank had 294 and 281 employees, respectively.

Susunan pengurus Bank pada tanggal 31 Desember 2013 dan 2012 adalah sebagai berikut:

The members of the Boards of Commissioners and Directors of the Bank as of December 31, 2013 and 2012 are as follows:

2013 2012

Board of CommissionersPresiden Komisaris Independen Didi Nurulhuda Didi Nurulhuda Independent President CommissionerKomisaris Independen Abdul Haris Hartanto Abdul Haris Hartanto Independent CommissionerKomisaris Cheng Shui-Hee, Garry Cheng Shui-Hee, Garry Commissioner

Atsushi Tahara Atsushi Tahara

Dewan Direksi Board of DirectorsPresiden Direktur Akihiro Miyamoto Akihiro Miyamoto President DirectorWakil Presiden Direktur Shiro Saito Shiro Saito Vice President DirectorDirektur Jojo Prajoga* Jojo Prajoga* Directors

Marie Ito Marie ItoIding Suherdi Iding SuherdiMasahiro Ishii Masahiro IshiiMuhammad Akbar Muhammad Akbar

* Direktur yang membawahkan Fungsi Kepatuhan / Director in-charge for Compliance Function

Dewan Komisaris

b. Entitas Anak

Bank memiliki, secara langsung, lebih dari 50% saham entitas anak berikut ini :

b. Consolidated Subsidiary

The Company has ownership interest of more than 50%, directly in the following Subsidiary:

Persentase Pemilikan/

Domisili/ Jenis Usaha/ Percentage Domicile Nature of Business of Ownership 2013 2012

Rp Rp

P.T. Resona Indonesia Jakarta Perusahaan pembiayaan/ 99,99% 460.921.019.510 387.427.974.180 Finance (RIF) Finance Company

Entitas Anak/ Subsidiary

Jumlah Aset/Total Assets

2. PENERAPAN STANDAR AKUNTANSI KEUANGAN BARU DAN REVISI (PSAK) DAN INTERPRETASI STANDAR AKUNTANSI KEUANGAN (ISAK)

2. ADOPTION OF NEW AND REVISED STATEMENTS OF FINANCIAL ACCOUNTING STANDARDS (“PSAK”) AND INTERPRETATION OF PSAK (“ISAK”)

a. Standar yang berlaku efektif pada tahun

berjalan a. Standards effective in the current period

Dalam tahun berjalan, Bank dan entitas anak telah menerapkan semua standar baru dan revisi serta interpretasi yang dikeluarkan oleh Dewan Standar Akuntansi Keuangan dari Ikatan Akuntan Indonesia yang relevan dengan operasinya dan efektif untuk periode akuntansi yang dimulai pada tanggal 1 Januari

In the current year, the Bank and its subsidiary have adopted all of the new and revised standards and interpretations issued by the Financial Accounting Standard Board of the Indonesian Institute of Accountants that are relevant to their operations and effective for accounting





- 11 -

2013. periods beginning on January 1, 2013. PSAK 38 (revisi 2012), Kombinasi Bisnis

Entitas Sepengendali PSAK 38 (revised 2012), Business

Combination of Entities Under Common Control

Standar revisi ini memberikan ruang lingkup lebih sempit yang hanya mencakup transaksi kombinasi bisnis dimana standar sebelumnya mencakup transaksi tertentu antara entitas yang berada di bawah pengendalian yang sama yang belum tentu merupakan kombinasi bisnis. Standar revisi ini mengacu pada PSAK 22, Kombinasi Bisnis dalam menentukan apa yang merupakan pengertian bisnis.

This revised standard provides a narrower scope as it only covers business combination transactions between entities under common control, whereas the previous standard covered certain transactions between entities under common control that are not necessarily business combinations. The revised standard refers to PSAK 22, Business Combination, in determining what constitutes a business.

Standar baru ini tetap mempertahankan penerapan metode penyatuan kepemilikan dimana aset dan liabilitas yang diperoleh dalam kombinasi bisnis dicatat oleh pengakuisisi sebesar jumlah tercatatnya. Selisih antara jumlah imbalan yang dialihkan dan jumlah tercatat dari setiap transaksi kombinasi bisnis yang sebelumnya dicatat sebagai selisih nilai transaksi restrukturisasi entitas sepengendali (SNTRES) di ekuitas sekarang disajikan sebagai bagian dari Tambahan Modal Disetor.

The new standard retains the application of the pooling of interest method where assets and liabilities acquired in the business combination are recorded by the acquirer at their book values. The difference between the transfer price and the book value of the business combination which was previously recorded under equity as Difference in the Value of Restructuring Transactions of Entities Under Common Control (SNTRES) is now presented as Additional Paid in Capital.

Standar sebelumnya mengharuskan SNTRES diakui dalam laba rugi ketika hilangnya sepengendalian atau pelepasan aset, liabilitas, saham, atau instrumen kepemilikan lain ke pihak lain yang tidak sepengendali. Di dalam standar revisi, selisih antara jumlah imbalan yang dialihkan dan jumlah aset neto yang diperoleh akan selalu tetap disajikan sebagai Tambahan Modal Disetor pengakuisisi dan tidak akan diakui ke laba rugi .

The previous standard requires the recycling of the SNTRES to profit and loss where the relevant entities are no longer under common control or when the corresponding assets, liabilities, shares, or other ownership instruments are transferred to an entity which is not under common control. Under the revised standard, the difference between the transfer price and the net assets acquired will always remain as part of the acquirer’s Additional Paid In Capital, and should not be recycled to profit and loss.

Standar revisi ini diterapkan secara prospektif pada atau setelah tanggal 1 Januari 2013. Pada saat penerapan awal, saldo SNTRES disajikan sebagai bagian dari Tambahan Modal Disetor.

The revised standard is applied prospectively on or after January 1, 2013. Upon initial application, the balance of the SNTRES is presented as Additional Paid in Capital.

Penyesuaian PSAK 60, Instrumen

Keuangan: Pengungkapan Amendment to PSAK 60, Financial

Instruments: Disclosure Standar ini mensyaratkan pengungkapan antara lain deskripsi agunan yang dimiliki entitas sebagai jaminan, dan peningkatan kualitas kredit lain, dan dampak keuangannya (misalnya kuantifikasi sejauh mana agunan dan peningkatan kualitas kredit lain dalam memitigasi risiko kredit) dengan mengacu pada jumlah terbaik yang mencerminkan eksposur maksimum terhadap risiko kredit.

Among other things, the standard requires the disclosures of the description of collateral held as security and of other credit enhancements, and their financial effect (e.g., quantification of the extent to which collateral and other credit enhancements mitigate credit risk) in respect of the amount that best represents the maximum exposure to credit risk.

b. Standar dan interpretasi telah diterbitkan

tapi belum diterapkan

c. b. Standards and interpretation in issue not yet adopted

i. Efektif untuk periode yang dimulai pada atau setelah 1 Januari 2014 adalah:

i. Effective for periods beginning on or after January 1, 2014 :

ISAK 27, Pengalihan Aset dari Pelanggan

ISAK 27, Transfers of Assets from Customers





- 12 -

ISAK 28, Pengakhiran Liabiltas Keuangan dengan Instrumen Ekuitas

ISAK 28, Extinguishing Financial Liabilities with Equity Instruments

ii. Efektif untuk periode yang dimulai pada

atau setelah 1 Januari 2015 adalah: ii. Effective for periods beginning on or after

January 1, 2015: PSAK 1 (revisi 2013), Penyajian

Laporan Keuangan PSAK 1 (revised 2013), Presentation

of Financial Statements PSAK 4 (revisi 2013), Laporan

Keuangan Tersendiri PSAK 4 (revised 2013), Separate

Financial Statements PSAK 24 (revisi 2013), Imbalan Kerja PSAK 24 (revised 2013), Employee

Benefits PSAK 65, Laporan Keuangan

Konsolidasian PSAK 65, Consolidated Financial

Statements PSAK 67, Pengungkapan Kepentingan

dalam Entitas Lain PSAK 67, Disclosures of Interests in

Other Entities PSAK 68, Pengukuran Nilai Wajar PSAK 68, Fair Value Measurements

Sampai dengan tanggal penerbitan laporan keuangan konsolidasian, manajemen sedang mengevaluasi dampak dari standar dan interpretasi terhadap laporan keuangan konsolidasian.

As of the issuance date of the consolidated financial statements, management is evaluating the effect of these standard and interpretation on the consolidated financial statements.

3. KEBIJAKAN AKUNTANSI

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a. Pernyataan Kepatuhan a. Statement of compliance

Laporan keuangan konsolidasian telah disusun sesuai dengan Standar Akuntansi Keuangan di Indonesia.

The consolidated financial statements have been prepared in accordance with Indonesian Financial Accounting Standards. These financial statements are not intended to present the financial position, result of operations and cash flows in accordance with accounting principles and reporting practices generally accepted in other countries and jurisdictions.

b. Dasar Penyusunan b. Basis of Preparation

Dasar penyusunan laporan keuangan konsolidasian, kecuali untuk laporan arus kas konsolidasian adalah dasar akrual. Mata uang yang digunakan untuk penyajian laporan keuangan konsolidasian adalah mata uang Rupiah. Laporan keuangan konsolidasian disusun berdasarkan nilai historis, kecuali beberapa akun tertentu disusun berdasarkan pengukuran lain sebagaimana diuraikan dalam kebijakan akuntansi masing-masing akun tersebut.

The consolidated financial statements, except for the consolidated statements of cash flows, have been prepared under the accrual basis of accounting. The presentation currency of the consolidated financial statements is the Indonesian Rupiah while the measurement basis is the historical cost, except for certain accounts which are measured on the basis described in the related accounting policies.

Laporan arus kas konsolidasian disusun dengan menggunakan metode tidak langsung dengan mengelompokkan arus kas dalam aktivitas operasi, investasi dan pendanaan. Untuk tujuan penyajian laporan arus kas konsolidasian, kas dan setara kas terdiri dari kas, giro pada Bank Indonesia, giro pada bank lain, penempatan pada Bank Indonesia dan bank lain dan Sertifikat Bank Indonesia yang jatuh tempo dalam waktu tiga bulan atau kurang dari tanggal perolehannya dan yang tidak dijaminkan serta tidak dibatasi penggunaannya.

The consolidated statements of cash flows have been prepared using the indirect method with classifications of cash flows into operating, investing and financing activities. For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of cash, demand deposits with Bank Indonesia and demand deposits with other banks, placement with Bank Indonesia and other banks and Bank Indonesia Certificates (SBI) with maturities of three months or less from the date of placement and not pledged nor restricted.





- 13 -

c. Dasar Konsolidasian

c. Basis of Consolidation

Laporan keuangan konsolidasian menggabungkan laporan keuangan Bank dan entitas yang dikendalikan oleh Bank (entitas anak). Pengendalian dianggap ada apabila Bank mempunyai hak untuk mengatur kebijakan keuangan dan operasional suatu entitas untuk memperoleh manfaat dari aktivitasnya.

The consolidated financial statements incorporate the financial statements of the Bank and the entity controlled by the Bank (its subsidiary). Control is achieved where the Bank has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

Hasil entitas anak yang diakuisisi atau dijual selama tahun berjalan termasuk dalam laporan laba rugi komprehensif konsolidasian sejak tanggal efektif akuisisi dan sampai dengan tanggal efektif pelepasan.

Income and expenses of subsidiaries acquired or disposed of during the year are included in the consolidated statements of comprehensive income from the effective date of acquisition and up to the effective date of disposal, as appropriate.

Jika diperlukan, penyesuaian dapat dilakukan terhadap laporan keuangan entitas anak agar kebijakan akuntansi yang digunakan sesuai dengan kebijakan akuntansi yang digunakan oleh Bank.

Where necessary, adjustments are made to the financial statements of the subsidiary to bring the accounting policies used in line with those used by the Bank.

Seluruh transaksi intra kelompok usaha, saldo, penghasilan dan beban dieliminasi pada saat konsolidasian.

All intra-group transactions, balances, income and expenses are eliminated on consolidation.

Kepentingan non-pengendali pada entitas anak diidentifikasi secara terpisah dan disajikan dalam ekuitas. Nilai tercatat kepentingan non-pengendali adalah jumlah kepentingan non-pengendali pada pengakuan awal ditambah dengan proporsi kepentingan non-pengendali atas perubahan selanjutnya dalam ekuitas. Seluruh laba rugi komprehensif diatribusikan pada kepentingan non-pengendali bahkan jika hal ini mengakibatkan kepentingan non-pengendali mempunyai saldo defisit.

Non-controlling interests in the subsidiary are identified separately and presented within equity. The carrying amount of non-controlling interests is the amount of those interests at initial recognition plus non-controlling interests’ share of subsequent changes in equity. Total comprehensive income is attributed to non-controlling interests even if this results in the non-controlling interests having a deficit balance.

Perubahan dalam bagian kepemilikan Bank dan entitas anak pada entitas anak yang tidak mengakibatkan hilangnya pengendalian dicatat sebagai transaksi ekuitas. Nilai tercatat kepentingan entitas anak dan kepentingan non-pengendali disesuaikan untuk mencerminkan perubahan bagian kepemilikannya atas entitas anak. Setiap perbedaan antara jumlah kepentingan non-pengendali disesuaikan dan nilai wajar imbalan yang diberikan atau diterima diakui secara langsung dalam ekuitas dan diatribusikan pada pemilik entitas induk.

Changes in the Bank and its subsidiary’s interests in subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the Bank and its subsidiary’s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid or received is recognized directly in equity and attributed to owners of the Bank.

Bank telah memilih untuk menyajikan sebagai bagian yang terpisah dalam ekuitas, sisa saldo yang berkaitan dengan pengaruh transaksi modal tahun sebelumnya dari entitas anak dengan pihak ketiga.

The Bank has carried forward and opted to present as a separate item within equity, the remaining balance related to the effect of prior year’s capital transaction of the subsidiary with third parties.





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d. Kombinasi Bisnis d. Business Combinations Akuisisi entitas anak dan bisnis dicatat dengan menggunakan metode akuisisi. Biaya akuisisi adalah nilai agregat nilai wajar (pada tanggal pertukaran) dari aset yang diperoleh, liabilitas yang terjadi atau ditanggung dan kepentingan non pengendali dari pihak yang diakuisisi. Kepentingan non-pengendali pemegang saham pada awalnya mungkin diukur pada nilai wajar atau pada proporsi kepemilikan kepentingan non-pengendali atas aset neto teridentifikasi dari pihak yang diakuisisi. Pilihan pengukuran dibuat pada tanggal akuisisi. Imbalan akuisisi adalah nilai wajar dari aset yang diserahkan, liabilitas yang timbul kepada pihak yang diakuisisi dan instrumen ekuitas yang diterbitkan sebagai pertukaran atas pengendalian dari pihak yang diakuisisi. Selisih lebih imbalan akuisisi atas biaya akuisisi diakui sebagai goodwill, sedangkan selisih lebih biaya akuisisi atas imbalan akuisisi diakui langsung dalam laba rugi tahun berjalan.

Acquisitions of subsidiaries and businesses are accounted for using the acquisition method. The cost of the business combination is the aggregate of the fair values (at the date of exchange) of assets received, liabilities incurred or assumed, any non-controlling interest of the acquiree. The interest of non-controlling shareholders maybe initially measured either at fair value or at the non-controlling interests’ proportionate share of the fair value of the acquiree’s identifiable net asset. The choice of measurement is made on acquisition date. The consideration for the acquisition is the aggreate of the fair value of asset given, any liabilities assumed and equity instruments issued in exchange for control of the acquiree. The excess of consideration over cost of acquisition is recognized as goodwill. The excess of cost of acquisition over the consideration for the acquisition is recognised directly in profit or loss.

Imbalan untuk akuisisi dapat termasuk aset atau liabilitas yang dihasilkan dari suatu kesepakatan imbalan kontinjen yang diukur terhadap nilai wajar pada tanggal akuisisi. Perubahan selanjutnya dalam nilai wajar disesuaikan dengan biaya akuisisi ketika memenuhi syarat sebagai penyesuaian pengukuran periode. Semua perubahan selanjutnya dalam nilai wajar dari imbalan kontijensi diklasifikasikan sebagai aset atau liabilitas yang dihitung sesuai dengan standar akuntansi. Perubahan dalam nilai wajar dari imbalan kontinjensi yang diklasifikasikan sebagai ekuitas tidak dicatat.

The consideration for the acquisition may include any assets or liabilities resulting from a contingent consideration arrangement, measured at its acquisition-date fair value. Subsequent changes in such fair values are adjusted against the cost of acquisition where they qualify as measurement period adjustments. All other subsequent changes in the fair value of contingent consideration classified as an asset or liability are accounted for in accordance with relevant accounting standards. Changes in the fair value of contingent consideration classified as equity are not recognized.

Biaya-biaya terkait akuisisi diakui di dalam laba rugi pada saat terjadinya.

Acquisition-related costs are recognized in profit or loss as incurred.

Jika akuntansi awal untuk kombinasi bisnis belum selesai pada akhir periode pelaporan saat kombinasi terjadi, Grup melaporkan jumlah sementara untuk pos-pos yang akuntansinya belum selesai dalam laporan keuangannya. Selama periode pengukuran, pihak pengakuisisi menyesuaikan, aset atau liabilitas tambahan yang diakui, untuk mencerminkan informasi baru yang diperoleh tentang fakta dan keadaan yang ada pada tanggal akuisisi dan, jika diketahui, akan berdampak pada jumlah yang diakui pada tanggal tersebut.

If the initial accounting for business combination is incomplete by the end of the reporting period in which the combination occurs, the Group reports provisional amounts for the items for which the accounting is incomplete. Those provisional amounts are adjusted during the measurement period, or additional assets or liabilities are recognized, to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the amount recognized as of that date.





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Periode pengukuran adalah periode dari tanggal akuisisi hingga tanggal Grup memperoleh informasi lengkap tentang fakta dan keadaan yang ada pada tanggal akuisisi dan periode pengukuran maksimum satu tahun dari tanggal akuisisi.

The measurement period is the period from date of acquisition to the date the Group obtains complete information about facts and circumstances that existed as of the acquisition date – and is subject to a maximum of one year.

Bila suatu kombinasi bisnis dilakukan secara bertahap, kepemilikan terdahulu Grup atas pihak terakuisisi diukur kembali ke nilai wajar pada tanggal akuisisi dan keuntungan atau kerugiannya, jika ada, diakui dalam laba rugi. Jumlah yang berasal dari kepemilikan sebelum tanggal akuisisi yang sebelumnya telah diakui dalam pendapatan komprehensif lain direklasifikasi ke laba rugi dimana perlakuan tersebut akan sesuai jika kepemilikannya dilepas/dijual.

When a business combination is achieved in stages, the Group’s previously held equity interest in the acquiree is remeasured to fair value at the acquisition date and the resulting gain or loss, if any, is recognized in profit or loss. Amounts arising from interests in the acquire prior to the acquisition date that have previously been recognized in other comprehensive income are reclassified to profit or loss where such treatment would be appropriate if that interests were disposed of.

e. Transaksi dan Saldo Dalam Mata Uang

Asing e. Foreign Currency Transactions and

Balance

Pembukuan Bank diselenggarakan dalam mata uang Rupiah yang merupakan mata uang fungsional Bank. Transaksi-transaksi selama tahun berjalan dalam mata uang asing dicatat dengan kurs yang berlaku pada saat terjadinya transaksi. Pada tanggal laporan posisi keuangan, aset dan liabilitas moneter dalam mata uang asing dijabarkan ke dalam mata uang Rupiah dengan menggunakan kurs spot Reuters pukul 16.00 WIB. Keuntungan atau kerugian kurs yang timbul dikreditkan atau dibebankan dalam laporan laba rugi komprehensif tahun yang bersangkutan.

The book of accounts of the Bank is maintained in Indonesian Rupiah which is the functional currency of the Bank. Transactions during the year involving foreign currencies are recorded at the rates of exchange prevailing at the time the transactions are made. At the statement of financial position date, all monetary assets and liabilities denominated in foreign currencies are translated into Indonesian Rupiah using Reuters’ spot rates at 4:00 P.M. Western Indonesian Time. The resulting gains or losses are credited or charged to the current year’s statement of comprehensive income.

f. Transaksi Pihak-Pihak Berelasi

f. Transactions with Related Parties

Pihak-pihak berelasi adalah orang atau entitas yang terkait dengan Bank dan entitas anak (entitas pelapor):

A related party is a person or entity that is related to the Bank and its subsidiary (the reporting entity):

a. Orang atau anggota keluarga dekatnya

yang mempunyai relasi dengan entitas pelapor jika orang tersebut:

a. A person or a close member of that person’s family is related to a reporting entity if that person:

i. Memiliki pengendalian atau

pengendalian bersama atas entitas pelapor;

i. Has control or joint control of the reporting entity;

ii. Memiliki pengaruh signifikan atas

entitas pelapor; atau ii. Has significant influence over the

reporting entity; or

iii. Merupakan personil manajemen kunci entitas pelapor atau entitas induk entitas pelapor.

iii. Is a member of the key management personnel of the reporting entity or of a parent of the reporting entity.





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b. Suatu entitas berelasi dengan entitas pelapor jika memenuhi salah satu hal berikut:

b. An entity is related to a reporting entity if any of the following conditions applies:

i. Entitas dan entitas pelapor adalah

anggota dari kelompok usaha yang sama (artinya entitas induk, entitas anak, dan entitas anak berikutnya saling berelasi dengan entitas lain).

i. The entity and the reporting entity are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others).

ii. Satu entitas adalah entitas asosiasi atau ventura bersama dari entitas lain (atau entitas asosiasi atau ventura bersama yang merupakan anggota suatu kelompok usaha, yang mana entitas lain tersebut adalah anggotanya).

ii. One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member).

iii. Kedua entitas tersebut adalah ventura bersama dari pihak ketiga yang sama.

iii. Both entities are joint ventures of the same third party.

iv. Satu entitas adalah ventura bersama

dari entitas ketiga dan entitas yang lain adalah entitas asosiasi dari entitas ketiga.

iv. One entity is a joint venture of a third entity and the other entity is an associate of the third entity.

v. Entitas tersebut adalah suatu

program imbalan pascakerja untuk imbalan kerja dari salah satu entitas pelapor atau entitas yang terkait dengan entitas pelapor.

v. The entity is a post-employment benefit plan for the benefit of employees of either the reporting entity or an entity related to the reporting entity.

vi. Entitas yang dikendalikan atau dikendalikan bersama oleh orang yang diidentifikasi dalam huruf (a).

vi. The entity is controlled or jointly controlled by a person identified in (a).

vii. Orang yang diidentifikasi dalam huruf (a)(i) memiliki pengaruh signifikan atas entitas atau personil manajemen kunci entitas (atau entitas induk dari entitas).

vii. A person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity).

Semua transaksi dengan pihak berelasi, baik yang dilakukan dengan persyaratan dan kondisi yang sama atau tidak dengan pihak yang tidak berelasi diungkapkan pada laporan keuangan konsolidasian.

All transactions with related parties, whether or not made under similar terms and conditions as those with third parties, are disclosed in the consolidated financial statements.

g. Aset Keuangan

Seluruh aset keuangan diakui dan dihentikan pengakuannya pada tanggal diperdagangkan dimana pembelian dan penjualan aset keuangan berdasarkan kontrak yang mensyaratkan penyerahan aset keuangan dalam kurun waktu yang ditetapkan oleh kebiasaan pasar yang berlaku, dan awalnya diukur sebesar nilai wajar ditambah biaya transaksi, kecuali untuk aset keuangan yang diukur pada nilai wajar melalui laba rugi, yang awalnya diukur sebesar nilai wajar.

g. Financial Assets All financial assets are recognized and derecognized on trade date where the purchase or sale of a financial asset is under a contract whose terms require delivery of the financial asset within the time frame established by the market concerned, and are initially measured at fair value plus transaction costs, except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value.

Aset keuangan Bank dan entitas anak diklasifikasikan sebagai berikut: Nilai wajar melalui laba rugi

Dimiliki hingga jatuh tempo Tersedia untuk dijual Pinjaman yang diberikan dan piutang

The Bank and its subsidiary’s financial assets are classified as follows: Fair value through profit or loss (FVTPL) Held to maturity Available-for-sale Loans and receivables





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Nilai wajar melalui laba rugi (FVTPL)

Aset keuangan diklasifikasikan dalam FVTPL, jika aset keuangan sebagai kelompok diperdagangkan atau pada saat pengakuan awal ditetapkan untuk diukur pada FVTPL.

Fair value through profit or loss (FVTPL) Financial assets are classified as at FVTPL where the financial asset is either held for trading or designated upon initial recognition as at FVTPL.

Aset keuangan diklasifikasikan sebagai kelompok diperdagangkan, jika:

diperoleh atau dimiliki terutama untuk

tujuan dijual kembali dalam waktu dekat; atau

pada pengakuan awal merupakan bagian dari portofolio instrumen keuangan tertentu yang dikelola bersama dan terdapat bukti mengenai pola ambil untung dalam jangka pendek yang terkini; atau

merupakan derivatif yang tidak ditetapkan dan tidak efektif sebagai instrumen lindung nilai

A financial asset is classified as held for trading if:

it has been acquired principally for the

purpose of selling in the near future; or on initial recognition it is a part of an

identified portfolio of financial instruments that the entity manages together and has a recent actual pattern of short-term profit-taking; or

it is a derivative that is not designated

nor effective as a hedging instrument

Aset keuangan selain aset keuangan yang diperdagangkan, dapat ditetapkan sebagai FVTPL pada saat pengakuan awal, jika:

penetapan tersebut mengeliminasi atau

mengurangi secara signifikan inkonsistensi pengukuran dan pengakuan yang dapat timbul; atau

A financial asset other than a financial asset held for trading may be designated as at FVTPL upon initial recognition if:

such designation eliminates or

significantly reduces a measurement or recognition inconsistency that would otherwise arise; or

kelompok aset keuangan, liabilitas

keuangan atau keduanya, dikelola dan kinerjanya dievaluasi berdasarkan nilai wajar, sesuai dengan manajemen risiko atau strategi investasi yang didokumentasikan, dan informasi tentang Bank dan anak perusahaan disediakan secara internal kepada manajemen kunci entitas.

a group of financial assets, financial liabilities or both is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the Bank and its subsidiary is provided internally on that basis to the entity’s key management personnel.

Aset keuangan FVTPL disajikan sebesar nilai wajar, keuntungan atau kerugian yang timbul diakui dalam laba rugi. Keuntungan atau kerugian bersih yang diakui dalam laba rugi mencakup dividen atau bunga yang diperoleh dari aset keuangan. Nilai wajar ditentukan dengan cara seperti dijelaskan pada Catatan 3h.

Financial assets at FVTPL are stated at fair value, with any resultant gain or loss recognized in profit or loss. The net gain or loss recognized in profit or loss incorporates any dividend or interest earned on the financial asset. Fair value is determined in the manner described in Note 3h.

Dimiliki hingga jatuh tempo Aset keuangan diklasifikasikan sebagai investasi dimiliki hingga jatuh tempo hanya jika investasi tersebut memiliki pembayaran yang tetap atau telah ditentukan dan jatuh temponya telah ditetapkan serta Bank dan entitas anak mempunyai intensi positif dan kemampuan untuk memiliki aset keuangan tersebut hingga jatuh tempo. Pada saat pengakuan awal, investasi dimiliki hingga jatuh tempo diukur pada nilai wajar ditambah dengan biaya transaksi atau dikurangi pendapatan yang dapat diatribusikan secara langsung dengan perolehan aset keuangan. Setelah pengakuan awal, investasi dimiliki hingga jatuh tempo diukur dengan biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif dikurangi kerugian penurunan nilai yang ada.

Held to maturity Financial assets are classified as held-to-maturity investment only if these investments have fixed or determined payments and their maturity date has been determined and the Bank and its subsidiary have the positive intention and ability to hold such financial assets to maturity. Held-to-maturity investments are initially measured at fair value plus transaction costs or less income which are attributable directly to the acquisition of the financial assets. After initial recognition, held-to-maturity investments are measured at amortized cost, using effective interest rate method less any impairment losses.





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Aset keuangan tersedia untuk dijual Aset keuangan yang tidak diklasifikasikan sebagai dimiliki hingga jatuh tempo, diukur pada nilai wajar melalui laba rugi, atau pinjaman yang diberikan dan piutang diklasifikasikan sebagai tersedia untuk dijual. Pada saat pengakuan awal, aset keuangan yang tersedia untuk dijual diukur pada nilai wajar ditambah dengan biaya transaksi yang dapat diatribusikan secara langsung. Setelah itu, aset keuangan tersedia untuk dijual diukur dan dicatat pada nilai wajar.

Available-for-sale financial assets Financial assets that are not classified as held-to-maturity, measured at fair value through profit or loss, or loans and receivables, are classified as available-for-sale. Financial assets available-for-sale are initially measured at fair value plus any directly attributable transaction costs. Subsequently, financial assets available-for-sale are measured at fair value.

Keuntungan atau kerugian yang timbul dari perubahan nilai wajar diakui dalam pendapatan komprehensif lainnya dan akumulasi revaluasi investasi AFS di ekuitas kecuali untuk kerugian penurunan nilai, bunga yang dihitung dengan metode suku bunga efektif dan laba rugi selisih kurs atas aset moneter yang diakui pada laba rugi. Jika aset keuangan dilepas atau mengalami penurunan nilai, akumulasi laba atau rugi yang sebelumnya diakui pada revaluasi investasi AFS, direklas ke laba rugi.

Gains and losses arising from changes in fair value are recognized in other comprehensive income and in equity as accumulated in AFS investment revaluation, with the exception of impairment losses, interest calculated using the effective interest method, and foreign exchange gains and losses on monetary assets, which are recognized in profit or loss. When the investment is disposed of or is determined to be impaired, the cumulative gain or loss previously accumulated in AFS investment revaluation is reclassified to profit or loss.

Pinjaman yang diberikan dan piutang Aset keuangan dengan pembayaran tetap atau telah ditentukan dan tidak mempunyai kuotasi di pasar aktif diklasifikasikan sebagai pinjaman yang diberikan dan piutang, yang diukur pada biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif dikurangi kerugian penurunan nilai. Bunga diakui dengan menggunakan metode suku bunga efektif, kecuali piutang jangka pendek dimana pengakuan bunga tidak material.

Loans and receivables Financial assets that have fixed or determinable payments and that are not quoted in an active market are classified as loan and receivables. Loans and receivables are measured at amortized cost using the effective interest method less impairment losses. Interest is recognized by applying the effective interest rate method, except for short-term receivables when the recognition of interest would be immaterial.

Metode suku bunga efektif Metode suku bunga efektif adalah metode yang digunakan untuk menghitung biaya perolehan diamortisasi dari instrumen keuangan dan metode untuk mengalokasikan pendapatan bunga dan beban bunga selama periode yang relevan. Suku bunga efektif adalah suku bunga yang secara tepat mendiskontokan estimasi penerimaan kas di masa datang (mencakup seluruh komisi dan bentuk lain yang dibayarkan dan diterima oleh para pihak dalam kontrak yang merupakan bagian yang tak terpisahkan dari suku bunga efektif, biaya transaksi dan premium dan diskonto lainnya) selama perkiraan umur instrumen keuangan, atau, jika lebih tepat, digunakan periode yang lebih singkat untuk memperoleh nilai tercatat bersih dari aset keuangan pada saat pengakuan awal.

Effective interest method The effective interest method is a method of calculating the amortised cost of a financial instrument and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial instrument, or, where appropriate, a shorter period to the net carrying amount on initial recognition.





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Pendapatan diakui berdasarkan suku bunga efektif untuk instrumen keuangan selain dari instrumen keuangan FVTPL.

Income is recognized on an effective interest basis for financial instrument other than these financial instruments at FVTPL.

Penurunan nilai aset keuangan Aset keuangan, selain aset keuangan FVTPL, dievaluasi terhadap indikator penurunan nilai pada setiap tanggal laporan posisi keuangan. Aset keuangan diturunkan nilainya bila terdapat bukti objektif, sebagai akibat dari satu atau lebih peristiwa yang terjadi setelah pengakuan awal aset keuangan, dan peristiwa yang merugikan tersebut berdampak pada estimasi arus kas masa depan atas aset keuangan yang dapat diestimasi secara handal.

Impairment of financial assets Financial assets, other than those at FVTPL, are assessed for indicators of impairment at each statement of financial position date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Untuk investasi ekuitas AFS yang tercatat dan tidak tercatat di bursa, penurunan yang signifikan atau jangka panjang pada nilai wajar dari investasi ekuitas di bawah biaya perolehannya dianggap sebagai bukti obyektif terjadinya penurunan nilai.

For listed and unlisted equity investments classified as AFS, a significant or prolonged decline in the fair value of the security below its cost is considered to be objective evidence of impairment.

Bukti obyektif penurunan nilai termasuk sebagai berikut: kesulitan keuangan signifikan yang

dialami penerbit atau pihak peminjam; atau

pelanggaran kontrak, seperti terjadinya

wanprestasi atau tunggakan pembayaran pokok atau bunga; atau

terdapat kemungkinan bahwa pihak

peminjam akan dinyatakan pailit atau melakukan reorganisasi keuangan; atau

The objective evidence of impairment could include: significant financial difficulty of the

issuer or counterparty; or default or delinquency in interest or

principal payments; or it becoming probable that the borrower

will enter bankruptcy or financial re-organisation; or

Untuk aset keuangan yang diukur pada biaya perolehan diamortisasi, jumlah kerugian penurunan nilai merupakan selisih antara nilai tercatat aset keuangan dengan nilai kini dari estimasi arus kas masa datang yang didiskontokan menggunakan tingkat suku bunga efektif awal dari aset keuangan.

For financial assets carried at amortised cost, the amount of the impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.

Untuk aset keuangan yang dicatat pada biaya perolehan, jumlah kerugian penurunan nilai diukur berdasarkan selisih antara jumlah tercatat aset keuangan dan nilai kini estimasi arus kas masa depan yang didiskontokan pada tingkat imbal hasil yang berlaku di pasar untuk aset keuangan yang serupa. Kerugian penurunan nilai tersebut tidak dapat dibalik pada periode berikutnya.

For financial asset carried at cost, the amount of the impairment loss is measured as the difference between the asset’s carrying amount and the present value of the estimated future cash flows discounted at the current market rate of return for a similar financial asset. Such impairment loss will not be reversed in subsequent periods.





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Kerugian penurunan nilai dihitung secara individual untuk aset keuangan yang signifikan secara individual serta kolektif untuk aset yang secara individual tidak signifikan dan secara individual signifikan namun tidak terdapat bukti obyektif penurunan nilai. Di dalam menentukan penurunan nilai kolektif, aset keuangan dikelompokkan pada kelompok aset keuangan berdasarkan karakteristik risiko kredit yang serupa. Arus kas masa depan dari kelompok aset keuangan ini diestimasi berdasarkan arus kas kontraktual dan pengalaman kerugian historis untuk aset yang memiliki karakteristik risiko kredit yang serupa. Pengalaman historis kerugian disesuaikan berdasarkan hasil pengamatan data pada masa kini, untuk merefleksikan efek dari kondisi masa kini yang tidak mempengaruhi periode dari pengalaman historis.

Impairment loss is calculated individually for financial assets that are individually significant and collectively for assets that are individually not significant, or individually significant but there is no objective evidence of impairment assessed individually. In determining collective impairment, financial assets are grouped into groups of financial assets based similar credit risk characteristics. Future cash flow from a group of financial assets is estimated based on contractual cash flows and historical loss experience for assets that have similar credit risk characteristics. Historical loss experience is adjusted based on data observations in the present, to reflect the effects of current conditions that do not affect the period of historical experience.

Dalam melakukan penilaian secara kolektif, Bank dan entitas anak harus menghitung:

In conducting collective assessment, the Bank and its subsidiary must calculate:

Probability of default (”PD”) – model ini menilai probabilitas konsumen gagal melakukan pembayaran kembali secara penuh dan tepat waktu.

Probability of default (“PD”) – these models assess the probability of customers failing to repay fully and on time.

Recoverable amount – didasarkan pada identifikasi arus kas masa datang dan estimasi nilai kini dari arus kas tersebut (discounted cash flow).

Recoverable amount – based on identification of future cash flows and estimation of the present value of those cash flows (discounted cash flow).

Loss given default (”LGD”) – Bank dan entitas anak mengestimasi kerugian ekonomis yang mungkin akan diderita Bank dan entitas anak apabila terjadi tunggakan fasilitas kredit/ pembiayaan. LGD menggambarkan jumlah utang yang tidak dapat diperoleh kembali dan umumnya ditunjukkan dalam persentase dari exposure at default (EAD). Model Perhitungan LGD mempertimbangkan jenis peminjam, fasilitas dan mitigasi risiko, misalnya ketersediaan agunan.

Loss given default (“LGD”) – the Bank and its subsidiary estimates economic losses that may be suffered by the Bank and its subsidiary if there are arrears in credit facility/financing receivable. LGD describes the amount of debt that may not be recovered and is generally expressed as a percentage of the exposure at default (EAD). The LGD calculation model considers the type of borrower, facility and any risk mitigation such as availability of collateral.

Loss identification period (”LIP”) -

periode waktu antara terjadinya peristiwa yang merugikan dalam kelompok aset keuangan sampai bukti obyektif dapat diidentifikasi atas kredit pembiayaan secara individual.

Loss identification period (”LIP”) – the period of time from the occurrence of a loss event in a group of financial assets until objective evidence can be identified on credit facility/financing receivable individually.

Exposure at default (”EAD”) – Bank

mengestimasi tingkat utilisasi yang diharapkan dari fasilitas kredit/pembiayaan pada saat terjadi tunggakan.

Exposure at default (“EAD”) – The Bank estimates the expected utilization level of credit facilities/financing receivable in the event of arrears.

PD, LGD dan LIP diperoleh dari observasi data kredit/piutang pembiayaan selama minimal tiga tahun.

PD, LGD and LIP are derived from observation of credit facility/financing receivable data for at least three years.





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Cadangan kerugian penurunan nilai yang dinilai secara kolektif dilakukan dengan mengkalikan nilai baki debet kredit/pembiayaan pada posisi laporan dengan probability default (PD), loss identification period (LIP) dan loss given default (LGD).

Allowance for impairment losses collectively assessed is performed by multiplying the outstanding loans/financing receivable at report date by the probability of default (PD), loss identification period (LIP) and loss given default (LGD).

Kerugian penurunan nilai diakui pada laba rugi dan nilai tercatat dari aset keuangan atau kelompok aset keuangan dikurangi dengan cadangan kerugian penurunan nilai yang terbentuk. Apabila pada periode berikutnya jumlah kerugian penurunan nilai berkurang dan pengurangan tersebut dapat dikaitkan secara obyektif pada peristiwa yang terjadi setelah penurunan nilai diakui, maka kerugian penurunan nilai yang sebelumnya diakui harus dipulihkan, baik secara langsung atau dengan menyesuaikan cadangan kerugian penurunan nilai. Pada saat penurunan nilai diakui dalam aset keuangan atau kelompok aset keuangan, pendapatan bunga diakui berdasarkan nilai tercatat setelah penurunan nilai dengan menggunakan tarif bunga yang digunakan untuk mendiskontokan estimasi arus kas masa datang pada saat menghitung penurunan nilai.

The impairment loss is recognized in profit or loss and the carrying amount of the financial asset or group of financial assets less allowance for impairment losses reserved. If in the next period the amount of any impairment loss decreases and the decrease can be linked objectively to events occurring after impairment loss is recognized, then the impairment loss previously recognized must be reversed, either directly or by adjusting the amount of allowance for impairment loss. When impairment losses are recognized in the financial asset or group of financial assets, interest income is recognized based on the carrying amount after impairment using the interest rate used for discounting the estimated future cash flow when calculating impairment.

Jika aset keuangan AFS dianggap menurun nilainya, keuntungan atau kerugian kumulatif yang sebelumnya telah diakui dalam pendapatan komprehensif lainnya direklasifikasi ke laba rugi dalam periode yang bersangkutan.

When an AFS financial asset is considered to be impaired, cumulative gains or losses previously recognised in other comprehensive income are reclassified to profit or loss in the period concerned.

Pengecualian dari instrumen ekuitas AFS, jika, pada periode berikutnya, jumlah penurunan nilai berkurang dan penurunan dapat dikaitkan secara obyektif dengan sebuah peristiwa yang terjadi setelah penurunan nilai tersebut diakui, kerugian penurunan nilai yang sebelumnya diakui dipulihkan melalui laba rugi hingga nilai tercatat investasi pada tanggal pemulihan penurunan nilai tidak melebihi biaya perolehan diamortisasi sebelum pengakuan kerugian penurunan nilai dilakukan.

With the exception of AFS equity instruments, if, in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognised, the previously recognised impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortised cost would have been had the impairment not been recognised.

Dalam hal efek ekuitas AFS, kerugian penurunan nilai yang sebelumnya diakui dalam laba rugi tidak boleh dipulihkan melalui laba rugi. Setiap kenaikan nilai wajar setelah penurunan nilai diakui secara langsung ke pendapatan komprehensif lainnya.

In respect of AFS equity securities, impairment losses previously recognised in profit or loss are not reversed through profit or loss. Any increase in fair value subsequent to an impairment loss is recognised directly in other comprehensive income.





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Penghentian pengakuan aset keuangan Bank dan entitas anak menghentikan pengakuan aset keuangan jika dan hanya jika hak kontraktual atas arus kas yang berasal dari aset berakhir, atau Bank dan entitas anak mentransfer aset keuangan dan secara substansial mentransfer seluruh risiko dan manfaat atas kepemilikan aset kepada entitas lain. Jika Bank dan entitas anak tidak mentransfer serta tidak memiliki secara substansial atas seluruh risiko dan manfaat kepemilikan serta masih mengendalikan aset yang ditransfer, maka Bank dan entitas anak mengakui keterlibatan berkelanjutan atas aset yang ditransfer dan liabilitas terkait sebesar jumlah yang mungkin harus dibayar. Jika Bank dan entitas anak memiliki secara substansial seluruh risiko dan manfaat kepemilikan aset keuangan yang ditransfer, Bank dan entitas anak masih mengakui aset keuangan dan juga mengakui pinjaman yang dijamin sebesar pinjaman yang diterima.

Derecognition of financial assets The Bank and its subsidiary derecognise a financial asset only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity. If the Bank and its subsidiary neither transfer nor retain substantially all the risks and rewards of ownership and continues to control the transferred asset, the Bank and its subsidiary recognise their retained interest in the asset and an associated liability for amounts it may have to pay. If the Bank and its subsidiary retain substantially all the risks and rewards of ownership of a transferred financial asset, the Bank and its subsidiary continue to recognise the financial asset and also recognises a collateralised borrowing for the proceeds received.

Penghentian pengakuan aset keuangan secara keseluruhan, selisih antara jumlah tercatat aset dan jumlah pembayaran dan piutang yang diterima dan keuntungan atau kerugian kumulatif yang telah diakui dalam pendapatan komprehensif lain dan terakumulasi dalam ekuitas diakui dalam laba rugi.

On derecognition of financial asset in its entirety, the difference between the asset’s carrying amount and the sum of the consideration received and receivable and the cumulative gain or loss that had been recognized in other comprehensive income and accumulated in equity is recognized in profit or loss.

Penghentian pengakuan aset keuangan terhadap satu bagian saja (misalnya ketika Grup masih memiliki hak untuk membeli kembali bagian aset yang ditransfer), Grup mengalokasikan jumlah tercatat sebelumnya dari aset keuangan tersebut pada bagian yang tetap diakui berdasarkan keterlibatan berkelanjutan dan bagian yang tidak lagi diakui berdasarkan nilai wajar relatif dari kedua bagian tersebut pada tanggal transfer. Selisih antara jumlah tercatat yang dialokasikan pada bagian yang tidak lagi diakui dan jumlah dari pembayaran yang diterima untuk bagian yang yang tidak lagi diakui dan setiap keuntungan atau kerugian kumulatif yang dialokasikan pada bagian yang tidak lagi diakui tersebut yang sebelumnya telah diakui dalam pendapatan komprehensif lain diakui pada laba rugi. Keuntungan dan kerugian kumulatif yang sebelumnya diakui dalam pendapatan komprehensif lain dialokasikan pada bagian yang tetap diakui dan bagian yang dihentikan pengakuannya, berdasarkan nilai wajar relatif kedua bagian tersebut.

On derecognition of financial asset other than its entirety (e.g., when the Group retains an option to repurchase part of a transferred asset), the Group allocates the previous carrying amount of the financial asset between the part it continues to recognize under continuing involvement, and the part it no longer recognizes on the basis of the relative fair values of those parts on the date of the transfer. The difference between the carrying amount allocated to the part that is no longer recognized and the sum of the consideration received for the part no longer recognized and any cumulative gain or loss allocated to it that had been recognized in other comprehensive income is recognized in profit or loss. A cumulative gain or loss that had been recognized in other comprehensive income is allocated between the part that continues to be recognized and the part that is no longer recognized on the basis of the relative fair values of those parts.





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h. Liabilitas Keuangan dan Instrumen Ekuitas Klasifikasi sebagai liabilitas atau ekuitas Liabilitas keuangan dan instrumen ekuitas yang diterbitkan oleh Bank dan entitas anak diklasifikasikan sesuai dengan substansi perjanjian kontraktual dan definisi liabilitas keuangan dan instrumen ekuitas.

h. Financial Liabilities and Equity Instruments

Classification as debt or equity Financial liabilities and equity instruments issued by the Bank and its subsidiary are classified according to the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument.

Instrumen ekuitas Instrumen ekuitas adalah setiap kontrak yang memberikan hak residual atas aset Bank dan entitas anak setelah dikurangi dengan seluruh liabilitasnya. Instrumen ekuitas dicatat sebesar hasil penerimaan bersih setelah dikurangi biaya penerbitan langsung.

Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of the Bank and its subsidiary after deducting all of its liabilities. Equity instruments are recorded at the proceeds received, net of direct issue costs.

Liabilitas keuangan Liabilitas keuangan Bank dan entitas anak diklasifikasikan sebagai berikut: Nilai wajar melalui laba rugi Diukur pada biaya perolehan diamortisasi

Financial liabilities The Bank and its subsidiary financial liabilities are classified as follows:

Fair value through profit or loss Measured at amortized cost

Liabilitas keuangan yang Diukur pada Nilai Wajar melalui Laba Rugi (FVTPL)

Liabilitas keuangan diklasifikasikan sebagai FVTPL pada saat liabilitas keuangan baik dimiliki untuk diperdagangkan atau ditetapkan pada FVTPL.

Financial liabilities at FVTPL Financial liabilities are classified as at FVTPL when the financial liability is either held for trading or its designated as at FVTPL.

Liabilitas keuangan dimiliki untuk diperdagangkan jika:

A financial liability is classified as held for trading if:

diperoleh terutama untuk tujuan dibeli kembali dalam waktu dekat; atau

pada pengakuan awal merupakan bagian

dari portofolio instrumen keuangan tertentu yang dikelola bersama dan terdapat bukti mengenai pola ambil untung dalam jangka pendek aktual terkini; atau

merupakan derivatif yang tidak ditetapkan

dan tidak efektif sebagai instrumen lindung nilai.

it has been acquired principally for the purpose of repurchasing in the near term; or

on initial recognition it is part of an

identified portfolio of financial instruments that the entity manages together and has a recent actual pattern of short-term profit-taking; or

it is a derivative that is not designated

and effective as a hedging instrument.

Liabilitas keuangan selain liabilitas keuangan yang diperdagangkan, dapat ditetapkan sebagai FVTPL pada saat pengakuan awal, jika:

A financial liability other than a financial liability held for trading may be designated as at FVTPL upon initial recognition, if:

penetapan tersebut mengeliminasi atau mengurangi secara signifikan inkonsistensi pengukuran dan pengakuan yang dapat timbul; atau

such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise; or





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kelompok aset keuangan, liabilitas keuangan atau keduanya, dikelola dan kinerjanya dievaluasi berdasarkan nilai wajar, sesuai dengan manajemen risiko atau strategi investasi yang didokumentasikan, dan informasi tentang Bank dan entitas anak disediakan secara internal kepada manajemen kunci entitas.

a group of financial assets, financial liabilities or both is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the Bank and its subsidiary is provided internally on that basis to the entity’s key management personnel.

Liabilitas keuangan yang diukur pada nilai wajar melalui laba rugi, keuntungan atau kerugian yang timbul diakui dalam laba rugi. Keuntungan atau kerugian bersih yang diakui dalam laba rugi mencakup setiap bunga yang dibayar dari liabilitas keuangan. Penentuan nilai wajar sesuai dengan yang dijelaskan dalam Catatan 3i.

Financial liabilities at FVTPL are stated at fair value, with any resultant gain or loss recognized in profit or loss. The net gain or loss recognized in profit or loss incorporates any interest paid on the financial liability. Fair value is determined in the manner described in Note 3i.

Liabilitas keuangan diukur pada biaya perolehan diamortisasi Pada saat pengakuan awal, liabilitas keuangan yang diukur pada biaya perolehan diamortisasi, diakui pada nilai wajarnya. Nilai wajar tersebut dikurangi biaya transaksi yang dapat diatribusikan secara langsung dengan penerbitan liabilitas keuangan tersebut. Pengukuran selanjutnya diukur pada biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif, dimana beban bunga diakui berdasarkan tingkat pengembalian yang efektif, kecuali untuk liabilitas jangka pendek dimana pengakuan bunganya tidak material.

Financial liabilities measured at amortized costs At initial recognition, financial liabilities measured at amortized cost are recognized at fair value. The fair value is reduced by transaction costs which are directly attributable to the issuance of such financial liabilities. Subsequently, these financial liabilities are measured at amortized cost using the effective interest method, where interest expense is recognized based on the rate of effective return, except for short-term liabilities when the recognition of interest would be immaterial.

Penghentian pengakuan liabilitas keuangan Bank dan entitas anak menghentikan pengakuan liabilitas keuangan, jika dan hanya jika, kewajiban Bank dan entitas anak telah dilepaskan, dibatalkan atau kadaluarsa. Selisih antara jumlah tercatat liabilitas keuangan yang dihentikan pengakuannya dan imbalan yang dibayarkan dan utang diakui dalam laba rugi.

Derecognition of financial liabilities The Bank and its subsidiary derecognise financial liabilities when and only when, the Bank and its subsidiary’s obligations are discharged or cancelled or they expire. The difference between the carrying amount of the financial liability derecognized and the consideration paid and payable is recognized in profit or loss.

i. Nilai Wajar Instrumen Keuangan

i. Fair Value of Financial Instruments

Nilai wajar adalah nilai yang digunakan untuk mempertukarkan suatu aset atau untuk menyelesaikan suatu liabilitas antara pihak-pihak yang memahami dan berkeinginan untuk melakukan transaksi secara wajar (arm’s length transaction).

Fair value is the value which is used to exchange an asset or to settle a liability between parties who understand and are willing to perform a fair transaction (arm’s length transaction).

Hirarki nilai wajar memiliki tingkatan sebagai berikut:

The fair value hierarchy shall have the following levels:

Tingkat 1 pengukuran nilai wajar adalah yang berasal dari harga kuotasian (tidak disesuaikan) dalam pasar aktif untuk aset atau liabilitas yang identik.

Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities.





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Tingkat 2 pengukuran nilai wajar adalah yang berasal dari input selain harga kuotasian yang termasuk dalam Tingkat 1 yang dapat diobservasi untuk aset atau liabilitas, baik secara langsung (misalnya harga) atau secara tidak langsung (misalnya deviasi dari harga).

Tingkat 3 pengukuran nilai wajar adalah

yang berasal dari teknik penilaian yang mencakup input untuk aset atau liabilitas yang bukan berdasarkan data pasar yang dapat diobservasi (input yang tidak dapat diobservasi).

Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the assets or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).

Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).

j. Reklasifikasi Aset Keuangan j. Reclassification of Financial Instruments Reklasifikasi Aset Keuangan Reclassification of Financial Assets

Bank dan entitas anak tidak diperkenankan untuk melakukan reklasifikasi aset keuangan ke kelompok aset keuangan FVTPL. Bank dan entitas anak hanya dapat melakukan reklasifikasi aset keuangan ke kelompok pinjaman yang diberikan dan piutang jika aset keuangan tersebut memenuhi definisi pinjaman yang diberikan dan piutang dan Bank memiliki intensi dan kemampuan memiliki aset keuangan untuk masa mendatang yang dapat diperkirakan atau hingga jatuh tempo dari kelompok aset keuangan FVTPL atau dari kelompok tersedia untuk dijual. Aset keuangan tersebut direklasifikasi pada nilai wajar pada tanggal reklasifikasi yang menjadi biaya perolehan diamortisasi yang baru. Setiap keuntungan dan kerugian yang sudah diakui dalam laba rugi tidak boleh dibalik. Setiap keuntungan dan kerugian yang sudah diakui dalam pendapatan komprehensif lain diamortisasi ke laba rugi selama sisa umur aset keuangan (jika aset keuangan memiliki jatuh tempo tetap) atau tetap diakui dalam pendapatan komprehensif lain sampai aset keuangan tersebut dilepas atau dijual (jika aset keuangan tidak memiliki jatuh tempo tetap).

The Bank and its subsidiary shall not reclassify any financial assets into the FVTPL after initial recognition. The Bank and its subsidiary only reclassify financial assets into loans and receivables if the financial assets meet the definition of loans and receivables and the Bank and its subsidiary have the intention and ability to hold the financial assets for the foreseeable future or until maturity, from financial assets measured at FVTPL or from available for sale. The financial assets are reclassified at fair value, on the date of reclassification which become its new amortized cost. Any gains or losses already recognized in profit or loss are not reversed. Any gains or losses that have been recognized in other comprehensive income are amortized through profit or loss over the remaining life of the financial assets (for financial assets that have fixed maturities) or continue to be recognized in other comprehensive income until the financial assets are sold or otherwise disposed (for financial assets that do not have fixed maturities).

Reklasifikasi Liabilitas Keuangan Reclassification of Financial Liabilities Bank dan entitas anak tidak diperkenankan untuk mereklasifikasi liabilitas keuangan dari atau ke kelompok liabilitas keuangan FVTPL.

Bank and its subsidiary are not allowed to reclassify any financial liabilities from or to a group of FVTPL financial liabilities.

k. Saling Hapus Antara Aset Keuangan dan

Liabilitas Keuangan Aset keuangan dan liabilitas keuangan saling hapus dan nilai bersihnya disajikan dalam laporan keuangan konsolidasian jika, dan hanya jika, Bank dan entitas anak: - saat ini memiliki hak yang berkekuatan

hukum untuk melakukan saling hapus atas jumlah yang telah diakui tersebut; dan

k. Netting of Financial Assets and Financial Liabilities Financial assets and liabilities are off-set and the net amount is presented in the consolidated financial statements if and only if, the Bank and its subsidiary: currently has a legally enforceable

right to offset against the recognized amount; and





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- berniat untuk menyelesaikan secara neto atau untuk merealisasikan aset dan menyelesaikan liabilitasnya secara simultan.

intends to settle on a net basis or realize its asset and settle its liability simultaneously.

l. Giro pada Bank Indonesia dan Bank Lain

l. Demand Deposits with Bank Indonesia and Other Banks

Giro pada Bank Indonesia dan bank lain diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Demand deposits with Bank Indonesia and other banks are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan giro pada Bank Indonesia dan bank lain mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of demand deposits with Bank Indonesia and other banks refer to Notes 3g, 3i and 3j related to financial assets.

m. Penempatan pada Bank Indonesia dan

Bank Lain

m. Placements with Bank Indonesia and Other Banks

Penempatan pada Bank Indonesia dan bank lain diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Placements with Bank Indonesia and other banks are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan penempatan pada Bank Indonesia dan bank lain mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of placements with Bank Indonesia and other banks refer to Notes 3g, 3i and 3j related to financial assets.

n. Efek-efek

n. Securities

Efek-efek diklasifikasikan dalam kategori dimiliki hingga jatuh tempo dan pinjaman yang diberikan dan piutang.

Securities are classified as held-to-maturity and loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengukuran awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan efek-efek mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of securities refer to Notes 3g, 3i and 3j related to financial assets.

o. Tagihan dan Liabilitas Derivatif

o. Derivative Receivables and Payables

Tagihan dan liabilitas derivatif diklasifikasikan dalam kategori diukur pada nilai wajar melalui laba rugi (FVTPL).

Derivative receivables and payables are classified as fair value to profit or loss (FVTPL).

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan dan liabilitas derivatif mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of derivative receivables and payables refer to Notes 3g, 3i and 3j related to financial assets.





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p. Kredit

p. Loans

Kredit diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Loans are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan kredit mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of loans refer to Notes 3g, 3i and 3j related to financial assets.

q. Tagihan dan Liabilitas Akseptasi

q. Acceptances Receivables and Payables

Tagihan akseptasi diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang. Liabilitas akseptasi dikategorikan sebagai liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Acceptance receivables are classified as loan and receivable. Acceptance liabilities are classified as financial liabilities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan dan liabilitas akseptasi mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan dan 3h terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of acceptances receivable and payable refer to Notes 3g, 3i and 3j related to financial assets and 3h related to financial liabilities.

r. Sewa

r. Leases

Sewa diklasifikasikan sebagai sewa pembiayaan jika sewa tersebut mengalihkan secara substantial seluruh risiko dan manfaat yang terkait dengan kepemilikan aset. Sewa lainnya, yang tidak memenuhi kriteria tersebut, diklasifikasikan sebagai sewa operasi.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

Sebagai Lessor

Dalam sewa pembiayaan, lessor mengakui aset berupa piutang sewa pembiayaan sebesar jumlah investasi neto sewa pembiayaan entitas anak. Pengakuan penghasilan sewa pembiayaan dialokasikan pada periode akuntansi yang mencerminkan suatu tingkat pengembalian periodik yang konstan atas investasi bersih lessor.

As Lessor

Amounts due from lessees under finance leases are recorded as receivables at the amount of the subsidiaries’ net investment in the finance leases. Finance lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the net investment outstanding in respect of the leases.

Pendapatan sewa dari sewa operasi diakui sebagai pendapatan dengan dasar garis lurus selama masa sewa. Biaya langsung awal yang terjadi dalam proses negosiasi dan pengaturan sewa operasi ditambahkan ke jumlah tercatat dari aset sewaan dan diakui dengan dasar garis lurus selama masa sewa.

Rental income from operating leases is recognized on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognized on a straight-line basis over the lease term.





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Sebagai Lessee

As Lessee

Pembayaran sewa dalam sewa pembiayaan harus dipisahkan antara bagian yang merupakan beban keuangan dan bagian yang merupakan pengurangan dari liabilitas sewa sehingga mencapai suatu tingkat bunga yang konstan (tetap) atas saldo liabilitas. Rental kontinjen dibebankan pada periode terjadinya.

Lease payments under finance lease are apportioned between finance charges and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Contingent rentals are recognized as expenses in the periods in which they are incurred.

Pembayaran sewa operasi diakui sebagai beban dengan dasar garis lurus (straight-line basis) selama masa sewa, kecuali terdapat dasar sistematis lain yang dapat lebih mencerminkan pola waktu dari manfaat aset yang dinikmati pengguna. Rental kontijen diakui sebagai beban di dalam periode terjadinya.

Operating lease payments are recognized as an expense on a straight-line basis over the lease term, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. Contingent rentals arising under operating leases are recognized as an expense in the period in which they are incurred.

Dalam hal insentif diperoleh dalam sewa operasi, insentif tersebut diakui sebagai liabilitas. Keseluruhan manfaat dari insentif diakui sebagai pengurangan dari biaya sewa dengan dasar garis lurus kecuali terdapat dasar sistematis lain yang lebih mencerminkan pola waktu dari manfaat yang dinikmati pengguna.

In the event that lease incentives are received to enter into operating leases, such incentives are recognized as a liability. The aggregate benefit of incentives is recognized as a reduction of rental expense on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

s. Piutang Pembiayaan Konsumen

s. Consumer Financing Receivables

Piutang pembiayaan konsumen diklasifikasikan dalam kelompok pinjaman yang diberikan dan piutang.

Consumer financing receivables are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan piutang pembiayaan konsumen mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of consumer financing receivables refer to Notes 3g, 3i and 3j related to financial assets.

t. Tagihan Anjak Piutang

t. Factoring Receivables

Tagihan anjak piutang diklasifikasikan dalam kelompok pinjaman yang diberikan dan piutang.

Factoring receivables are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan anjak piutang mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of factoring receivables refer to Notes 3g, 3i and 3j related to financial assets.





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u. Aset Tidak Lancar Dimiliki Untuk Dijual u. Noncurrent Assets Held for Sale Aset tidak lancar diklasifikasikan sebagai dimiliki untuk dijual jika jumlah tercatatnya akan dipulihkan terutama melalui transaksi penjualan bukan melalui penggunaan lebih lanjut. Kondisi ini dianggap terpenuhi hanya ketika penjualan sangat mungkin dan aset tidak lancar yang tersedia untuk dijual segera dalam kondisi sekarang. Manajemen harus berkomitmen untuk penjualan yang diharapkan untuk memenuhi syarat untuk pengakuan sebagai penjualan yang selesai dalam satu tahun dari tanggal klasifikasi.

Noncurrent assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use. This condition is regarded as met only when the sale is highly probable and the noncurrent asset is available for immediate sale in its present condition. Management must be committed to the sale, which should be expected to qualify for recognition as a completed sale within one year from the date of classification.

Aset tidak lancar yang dimiliki untuk dijual diukur sebesar jumlah terendah dari jumlah tercatat sebelumnya dan nilai wajar dikurangi biaya untuk untuk menjual.

Noncurrent assets held for sale are measured at the lower of their previous carrying amount and fair value less costs to sell.

v. Aset Tetap

v. Premises and Equipment

Aset tetap yang dimiliki untuk digunakan penyediaan jasa atau untuk tujuan administratif dicatat berdasarkan biaya perolehan setelah dikurangi akumulasi penyusutan dan akumulasi kerugian penurunan nilai.

Premises and equipment held for use in the supply of services, or for administrative purposes, are stated at cost, less accumulated depreciation and any accumulated impairment losses.

Seluruh aset tetap, kecuali bangunan dan renovasi gedung yang disusutkan dengan metode garis lurus, disusutkan dengan menggunakan metode saldo menurun ganda (double declining balance method) berdasarkan taksiran masa manfaat ekonomis aset tetap sebagai berikut:

The depreciation of premises and building improvements is computed using the double declining balance method, except for building which is depreciated using the straight-line method, based on the estimated useful lives of the assets as follows:

Tahun/Years Bangunan dan renovasi gedung Kendaraan

20 4 – 8

Building and building improvements Vehicles

Mesin-mesin dan inventaris kantor 4 – 8 Machinery and office equipment

Masa manfaat ekonomis, nilai residu dan metode penyusutan direview setiap akhir tahun dan pengaruh dari setiap perubahan estimasi tersebut berlaku prospektif.

The estimated useful lives, residual values and depreciation method are reviewed at each year end, with the effect of any changes in estimate accounted for on a prospective basis.

Tanah dinyatakan berdasarkan biaya perolehan dan tidak disusutkan.

Land is stated at cost and is not depreciated.

Beban pemeliharaan dan perbaikan dibebankan pada laporan laba rugi komprehensif konsolidasian pada saat terjadinya. Biaya-biaya lain yang terjadi selanjutnya yang timbul untuk menambah, mengganti atau memperbaiki aset tetap dicatat sebagai biaya perolehan aset jika dan hanya jika besar kemungkinan manfaat ekonomis di masa depan berkenaan dengan aset tersebut akan mengalir ke entitas dan biaya perolehan aset dapat diukur secara andal.

The cost of maintenance and repairs is charged to operations as incurred. Other costs incurred subsequently to add to, replace part of, or service an item of premises and equipment, are recognized as asset if, and only if it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably.

Aset tetap yang dihentikan pengakuannya atau yang dijual nilai tercatatnya dikeluarkan dari kelompok aset tetap. Keuntungan atau kerugian dari penjualan aset tetap tersebut dibukukan dalam laba rugi.

When assets are retired or otherwise disposed of, their carrying values are removed from the accounts and any resulting gain or loss is reflected in profit or loss.





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Aset dalam penyelesaian dinyatakan sebesar biaya perolehan. Akumulasi biaya perolehan akan dipindahkan ke masing-masing aset tetap yang bersangkutan pada saat selesai dan siap digunakan.

Construction in progress is stated at cost. Construction in progress is transferred to the respective premises and equipment account when completed and ready for use.

w. Simpanan

w. Deposits

Simpanan diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Deposits are classified as financial liabilities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan simpanan mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value and derecognition of deposits refer to Notes 3h, 3i and 3j related to financial liabilities.

x. Simpanan dari Bank Lain

x. Deposits from Other Banks

Simpanan dari bank lain diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Deposits from other banks are classified as financial liabilities at amortized costs.

Simpanan dari bank lain terdiri dari liabilitas terhadap bank lain, baik lokal maupun luar negeri, dalam bentuk giro, inter-bank call money dengan periode jatuh tempo menurut perjanjian kurang dari atau 90 hari, tabungan dan deposito berjangka.

Deposits from other banks represent liabilities to domestic and overseas banks, in the form of demand deposits, inter-bank call money deposits with original maturities of 90 days or less, saving deposits and time deposits.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan simpanan dari bank lain mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification fair value and derecognition of deposits from other banks refer to Notes 3h, 3i and 3j related to financial liabilities.

y. Surat Berharga yang Diterbitkan

y. Securities Issued

Surat berharga yang diterbitkan diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Securities issued are classified as financial liabilities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan surat berharga yang diterbitkan mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification fair value and derecognition of securities issued refer to Notes 3h, 3i and 3j related to financial liabilities.

z. Selisih Nilai Transaksi Restrukturisasi

Entitas Sepengendali z. Difference in Value of Restructuring

Transactions among Entities under Common Control

Selisih antara harga pengalihan yang timbul dari pengalihan aset, utang, saham atau bentuk instrumen kepemilikan lainnya dengan nilai buku transaksi dalam rangka restrukturisasi antara entitas sepengendali diakui sebagai “Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali” dan sejak tahun 2013 disajikan dalam pos tambahan modal disetor.

The difference between the transfer price and book value of assets, liabilities, shares or other forms of ownership instruments in a restructuring transaction among entities under common control is recorded as “Difference in value of restructuring transactions among entities under common control” and since 2013 presented in additional paid-in capital.

aa. Imbalan Pasca Kerja

aa. Post-employment Benefits

Bank dan entitas anak menghitung imbalan pasca kerja untuk karyawan sesuai dengan Undang Undang Ketenagakerjaan No. 13/2003. Kebijakan Bank adalah menghitung dan mengakui berdasarkan nilai yang tertinggi antara undang-undang yang berlaku dengan manfaat yang diterima dari kesepakatan kerjasama yang ditetapkan Bank dengan karyawannya.

The Bank and its subsidiary provides post-employment benefits to its employees as required under Labor Law No. 13/2003 (the “Labor Law”). The Bank’s policy is to calculate and recognize the higher of the benefits under the Labor Law and those under the agreement between the Bank and its employees.





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Perhitungan imbalan pasca kerja menggunakan metode Projected Unit Credit. Akumulasi keuntungan dan kerugian aktuarial bersih yang belum diakui yang melebihi 10% dari nilai kini liabilitas imbalan pasti diakui dengan metode garis lurus selama rata-rata sisa masa kerja yang diperkirakan dari para pekerja dalam program tersebut. Biaya jasa lalu dibebankan langsung apabila imbalan tersebut menjadi hak atau vested, dan sebaliknya akan diakui sebagai beban dengan metode garis lurus selama periode rata-rata sampai imbalan tersebut menjadi vested.

The cost of providing post-employment benefits is determined by an independent actuary using the Projected Unit Credit Method. The accumulated unrecognized actuarial gains and losses that exceed 10% of the Bank and its subsidiary’s defined benefit obligations are recognized on a straight-line basis over the expected average remaining working lives of the participating employees. Past service cost is recognized immediately to the extent that the benefits are already vested, and otherwise is amortized on a straight-line basis over the average period until the benefits become vested.

Jumlah yang diakui sebagai liabilitas imbalan pasti di laporan posisi keuangan merupakan nilai kini liabilitas imbalan pasti disesuaikan dengan keuntungan dan kerugian aktuarial yang belum diakui, biaya jasa lalu yang belum diakui dan nilai wajar aset program.

The benefit obligation recognized in the statement of financial position represents the present value of the defined benefit obligation reduced by the fair value of plan assets and as adjusted for unrecognized actuarial gains and losses, unrecognized past service cost and as reduced by the fair value of scheme assets.

bb. Pendapatan dan Beban Bunga

bb. Interest Revenues and Expenses

Pendapatan dan beban bunga diakui secara akrual menggunakan metode suku bunga efektif (Catatan 3g).

Interest income and expenses are recognized on an accrual basis using the effective interest rate method (Note 3g).

Penerimaan yang berhubungan dengan kredit yang mengalami penurunan nilai langsung mengurangi nilai tercatat kredit. Pendapatan bunga atas aset keuangan yang mengalami penurunan nilai pada periode berjalan diakui atas dasar suku bunga yang digunakan untuk mendiskonto arus kas masa datang dalam pengukuran kerugian penurunan nilai. Suku bunga tersebut diterapkan terhadap nilai kredit setelah memperhitungkan penurunan nilai.

Revenue related to impaired loan directly reduces the carrying amount of the loan. Interest income on impaired financial assets in the current period is recognized on the basis of the interest rate rates used for discounting future cash flows in the measurement of impairment losses. The interest rates are applied to the loan amounts net of impairment losses.

Pendapatan lain yang diterima sehubungan dengan transaksi pembiayaan konsumen diakui dan dicatat sebagai pendapatan dalam tahun yang bersangkutan.

Other revenues relating to consumer financing transactions are recognized and recorded as income in current operations.

Bunga dari liabilitas keuangan, diakui sebagai beban pada laporan laba rugi komprehensif.

Interest from financial liabilities is recognized as an expense in the statement of comprehensive income.

Pendapatan dan beban bunga yang diakui dalam laporan keuangan adalah bunga pada aset dan liabilitas keuangan pada biaya perolehan diamortisasi yang dihitung menggunakan suku bunga efektif.

Interest income and expense recognized in the consolidated financial statement is interest on financial assets and liabilities measured at amortized costs using the effective interest rate method.

ö. Pengakuan Pendapatan dan Beban Provisi dan Komisi

cc. Revenues and Expenses on Fees and Commissions

Pendapatan provisi dan komisi yang berkaitan langsung dengan kegiatan perkreditan atau jangka waktu tertentu yang jumlahnya signifikan ditangguhkan dan diamortisasi sesuai dengan jangka waktunya dengan menggunakan suku bunga efektif. Untuk kredit yang dilunasi sebelum jatuh temponya, saldo pendapatan provisi dan/atau komisi yang ditangguhkan, diakui pada saat kredit dilunasi.

Fees and commissions directly related to loan activities or specific terms and with significant amounts are deferred and amortized over the periods of related loan commitments using the effective interest rate method. For loans settled prior to maturity date, the balances of deferred fee or commission are recognized as income at loan settlement date.





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Provisi dan komisi yang tidak berkaitan dengan kegiatan perkreditan atau pinjaman dan jangka waktu atau nilainya tidak material, diakui sebagai pendapatan atau beban pada saat terjadinya transaksi.

Fees and commissions which are not related to either loan activities or period of time or whose amounts are not material are recognized as revenue or expense when earned or incurred.

dd. Pajak Penghasilan

dd. Income Tax

Beban pajak kini ditentukan berdasarkan laba kena pajak dalam periode yang bersangkutan yang dihitung berdasarkan tarif pajak yang berlaku.

Current tax expense is determined based on the taxable income for the year computed using prevailing tax rates.

Aset dan liabilitas pajak tangguhan diakui atas konsekuensi pajak periode mendatang yang timbul dari perbedaan jumlah tercatat aset dan liabilitas menurut laporan keuangan dengan dasar pengenaan pajak aset dan liabilitas. Liabilitas pajak tangguhan diakui untuk semua perbedaan temporer kena pajak dan aset pajak tangguhan diakui untuk semua perbedaan temporer yang boleh dikurangkan, sepanjang besar kemungkinan dapat dimanfaatkan untuk mengurangi laba kena pajak pada masa datang.

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred tax liabilities are recognized for all taxable temporary differences and deferred tax assets are recognized for all deductible temporary differences to the extent that it is probable that taxable income will be available in future periods against which the deductible temporary differences can be utilized.

Aset dan liabilitas pajak tangguhan diukur dengan menggunakan tarif pajak yang diekspektasikan berlaku dalam periode ketika liabilitas diselesaikan atau aset dipulihkan dengan tarif pajak (dan peraturan pajak) yang telah berlaku atau secara substantif telah berlaku pada akhir periode pelaporan.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realized, based on the tax rates (and tax laws) that have been enacted, or substantively enacted, by the end of the reporting period.

Pengukuran aset dan liabilitas pajak tangguhan mencerminkan konsekuensi pajak yang sesuai dengan cara Bank dan entitas anak ekspektasikan, pada akhir periode pelaporan, untuk memulihkan atau menyelesaikan jumlah tecatat aset dan liabilitasnya.

The measurement of deferred tax assets and liabilities reflects the consequences that would follow from the manner in which the Bank and its subsidiary expect, at the end of the reporting period, to recover or settle the carrying amount of their assets and liabilities.

Jumlah tercatat aset pajak tangguhan dikaji ulang pada akhir periode pelaporan dan dikurangi jumlah tercatatnya jika kemungkinan besar laba kena pajak tidak lagi tersedia dalam jumlah yang memadai untuk mengkompensasikan sebagian atau seluruh aset pajak tangguhan tersebut.

The carrying amount of deferred tax asset is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Aset dan liabilitas pajak tangguhan saling hapus ketika entitas memiliki hak yang dapat dipaksakan secara hukum untuk melakukan saling hapus aset pajak kini terhadap liabilitas pajak kini dan ketika aset pajak tangguhan dan liabilitas pajak tangguhan terkait dengan pajak penghasilan yang dikenakan oleh otoritas perpajakan yang sama serta Bank dan entitas anak yang berbeda yang bermaksud untuk memulihkan aset dan liabilitas pajak kini dengan dasar neto.

Deferred tax assets and liabilities are offset when there is legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the Bank and its subsidiary intend to settle their current tax assets and current tax liabilities on a net basis.

Pajak kini dan pajak tangguhan diakui sebagai beban atau penghasilan dalam laba atau rugi, kecuali sepanjang pajak penghasilan yang berasal dari transaksi atau kejadian yang diakui, diluar laba atau rugi (baik dalam pendapatan komprehensif lain maupun secara langsung di ekuitas), dalam hal tersebut pajak juga diakui di luar laba atau rugi.

Current and deferred tax are recognized as an expense or income in profit or loss, except when they relate to items that are recognized outside of profit or loss (whether in other comprehensive income or directly in equity), in which case the tax is also recognized outside of profit or loss.





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ee. Laba per Saham ee. Earnings per Share Laba per saham dasar dihitung dengan membagi laba bersih konsolidasian yang diatribusikan kepada pemilik entitas induk dengan jumlah rata-rata tertimbang saham yang beredar pada tahun yang bersangkutan.

Basic earnings per share is calculated by dividing consolidated net income attributable to the owners of the entity with the weighted average number of shares outstanding during the year.

Laba per saham dilusian dihitung dengan membagi laba bersih yang diatribusikan kepada pemilik entitas induk dengan jumlah rata-rata tertimbang saham biasa yang telah disesuaikan dengan dampak dari semua efek berpotensi saham biasa yang dilutif.

Diluted earnings per share is computed by dividing net income attributable to the owners of the entity by the weighted average number of shares outstanding as adjusted for the effects of all potentially dilutive ordinary shares.

ff. Provisi ff. Provisions

Provisi diakui ketika Bank dan entitas anak memiliki kewajiban kini (baik bersifat hukum maupun konstruktif) sebagai akibat peristiwa masa lalu, kemungkinan besar Bank dan entitas anak diharuskan menyelesaikan kewajiban dan estimasi andal mengenai jumlah kewajiban tersebut dapat dibuat.

Provisions are recognized when the Bank and its subsidiary have a present obligation (legal or constructive) as a result of a past event, it is probable that the Bank and its subsidiary will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

Jumlah yang diakui sebagai provisi merupakan estimasi terbaik dari pertimbangan yang diperlukan untuk menyelesaikan kewajiban kini pada akhir periode pelaporan, dengan mempertimbangkan risiko dan ketidakpastian yang meliputi kewajibannya. Apabila suatu provisi diukur menggunakan arus kas yang diperkirakan untuk menyelesaikan kewajiban kini, maka nilai tercatatnya adalah nilai kini dari arus kas.

The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows.

Ketika beberapa atau seluruh manfaat ekonomi untuk penyelesaian provisi yang diharapkan dapat dipulihkan dari pihak ketiga, piutang diakui sebagai aset apabila terdapat kepastian bahwa penggantian akan diterima dan jumlah piutang dapat diukur secara handal.

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognized as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

dd. Penurunan Nilai Aset Non-keuangan gg. Impairment of Non-financial Asset

Pada tanggal pelaporan, Bank dan entitas anak menelaah nilai tercatat aset non-keuangan untuk menentukan apakah terdapat indikasi bahwa aset tersebut telah mengalami penurunan nilai. Jika terdapat indikasi tersebut, nilai yang dapat diperoleh kembali dari aset diestimasi untuk menentukan tingkat kerugian penurunan nilai (jika ada). Bila tidak memungkinkan untuk mengestimasi nilai yang dapat diperoleh kembali atas suatu aset individu, Bank dan entitas anak mengestimasi nilai yang dapat diperoleh kembali dari unit penghasil kas atas aset.

At reporting dates, the Bank and its subsidiary review the carrying amounts of non-financial assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the Bank and its subsidiary estimate the recoverable amount of the cash generating unit to which the asset belongs.





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Perkiraan jumlah yang dapat diperoleh kembali adalah nilai tertinggi antara nilai wajar setelah dikurangi biaya untuk menjual atau nilai pakai. Jika jumlah yang dapat diperoleh kembali dari aset non-keuangan (unit penghasil kas) kurang dari nilai tercatatnya, nilai tercatat aset (unit penghasil kas) dikurangi menjadi sebesar nilai yang dapat diperoleh kembali dan rugi penurunan nilai diakui langsung ke laba rugi.

Estimated recoverable amount is the higher fair value less cost to sell and value in use. If the recoverable amount of a non-financial asset (cash generating unit) is less than its carrying amount, the carrying amount of the asset (cash generating unit) is reduced to its recoverable amount and an impairment loss is recognized immediately against earnings.

4. PERTIMBANGAN KRITIS AKUNTANSI DAN

ESTIMASI AKUNTANSI YANG SIGNIFIKAN

4. CRITICAL ACCOUNTING JUDGMENTS AND ESTIMATES

Dalam rangka penerapan kebijakan akuntansi Bank, sebagaimana dijelaskan pada Catatan 3, manajemen diharuskan untuk membuat pertimbangan, estimasi dan asumsi tentang nilai tercatat aset dan liabilitas yang tidak tersedia dari sumber lain. Estimasi dan asumsi dasar berdasarkan pengalaman historis dan faktor lain yang dianggap relevan. Hasil aktual dapat berbeda dari estimasi tersebut.

In the application of the Bank’s accounting policies, which are described in Note 3, the management is required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Estimasi dan asumsi yang mendasari direview secara berkala. Revisi terhadap estimasi akuntansi akan diakui pada periode dimana estimasi tersebut direvisi, jika revisi tersebut hanya berpengaruh terhadap periode tersebut, atau pada periode tersebut dan periode berikutnya jika revisi tersebut mempengaruhi kedua periode tersebut.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Pertimbangan Kritis dalam Penerapan Kebijakan Akuntansi

Critical Judgments in Applying Accounting Policies

Di bawah ini adalah pertimbangan kritis, selain dari estimasi yang telah diatur, dimana direksi telah membuat suatu proses penerapan kebijakan akuntansi Bank dan memiliki pengaruh paling signifikan terhadap jumlah yang diakui dalam laporan keuangan konsolidasian.

Below are the critical judgements, apart from those involving estimations, that the directors have made in the process of applying the Bank accounting policies and that have the most significant effect on the amounts recognized in the consolidated financial statements.

Aset keuangan yang dimiliki hingga jatuh tempo

Held-to-maturity financial assets

Manajemen telah menelaah aset keuangan Bank dan entitas anak yang dimiliki hingga jatuh tempo karena persyaratan pemeliharaan modal dan likuiditas dan telah dikonfirmasi intensi positif Bank dan entitas anak dan kemampuan untuk memiliki aset tersebut hingga jatuh tempo. Rincian dan jumlah tercatat aset keuangan yang dimiliki hingga jatuh tempo dijelaskan dalam Catatan 8.

The management have reviewed the Bank and its subsidiary’s held-to-maturity financial assets in the light of its capital maintenance and liquidity requirements and have confirmed the Bank and its subsidiary’s positive intention and ability to hold those assets to maturity. The details and its carrying amounts of the held-to-maturity financial assets are described in Note 8.

Sumber estimasi ketidakpastian

Key sources of estimation uncertainty

Asumsi utama mengenai masa depan dan sumber estimasi lainnya pada akhir periode pelaporan, yang memiliki risiko signifikan yang mengakibatkan penyesuaian material terhadap jumlah tercatat aset dan liabilitas dalam periode pelaporan berikutnya dijelaskan dibawah ini:

The key assumptions concerning future, and other key sources of estimation at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period are explained below:





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Cadangan kerugian penurunan nilai aset keuangan

Provision for losses on impairment of financial assets

Pada setiap tanggal laporan posisi keuangan, Bank dan entitas anak mengevaluasi apakah terdapat bukti objektif bahwa aset keuangan mengalami penurunan nilai. Suatu aset keuangan dinyatakan mengalami penurunan nilai bila ada bukti obyektif terjadinya peristiwa yang berdampak pada estimasi arus kas atas aset keuangan. Bukti tersebut meliputi data yang dapat diobservasi yang menunjukkan bahwa telah terjadi peristiwa yang merugikan dalam status pembayaran debitur atau kondisi ekonomi nasional atau lokal yang berkorelasi dengan kelalaian membayar piutang.

At each reporting date, the Bank and its subsidiary evaluate whether there is objective evidence that financial assets are impaired. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the financial assets have been affected. The evidence includes observable data which indicates that an adverse event has occurred in the payment status of borrowers or in the national or local economic conditions that correlate with the omission of payment of receivables.

Kerugian penurunan nilai adalah selisih antara nilai tercatat dan nilai kini dari estimasi arus kas masa depan dan realisasi agunan pada tingkat suku bunga efektif awal dari aset keuangan tersebut. Cadangan kerugian penurunan nilai akan dibentuk untuk mengakui kerugian penurunan nilai yang terjadi dalam portofolio aset keuangan. Manajemen menggunakan perkiraan berdasarkan pengalaman kerugian historis untuk aset dengan karakteristik risiko kredit dan bukti obyektif adanya penurunan nilai yang serupa dengan yang ada dalam portofolio pada saat penjadwalan arus kas masa depan.

Impairment loss is the difference between the carrying amount and the present value of estimated future cash flows and the realization of collateral at the initial effective interest rates of the financial assets. Provision for loss on impairment will be set up to recognize the impairment loss that occurs in a portfolio of financial assets. Management uses estimates based on historical loss experience for assets with credit risk characteristics and objective evidence of impairment similar to those in the portfolio when scheduling the future cash flows.

Bank dan entitas anak melakukan penilaian terhadap penurunan nilai dalam dua cara, yaitu: a. Individual, dilakukan untuk jumlah aset

keuangan yang melebihi ambang batas (threshold) tertentu dan aset keuangan yang memiliki bukti obyektif penurunan nilai yang telah teridentifikasi secara terpisah pada tanggal laporan posisi keuangan. Kerugian penurunan nilai adalah selisih antara nilai tercatat dan nilai kini dari estimasi terbaik atas arus kas masa depan dan realisasi agunan pada tingkat suku bunga efektif awal dari aset keuangan tersebut. Estimasi ini dilakukan dengan mempertimbangkan kapasitas utang dan fleksibilitas keuangan debitur, kualitas pendapatan debitur, jumlah dan sumber arus kas, industri di mana debitur beroperasi dan nilai realisasi agunan. Estimasi jumlah dan waktu pemulihan masa depan akan membutuhkan banyak pertimbangan. Jumlah penerimaan tergantung pada kinerja debitur pada masa mendatang dan nilai agunan, keduanya akan dipengaruhi oleh kondisi ekonomi di masa depan, di samping itu agunan mungkin tidak mudah dijual. Nilai aktual arus kas masa depan dan tanggal penerimaan mungkin berbeda dari estimasi tersebut dan akibatnya kerugian aktual yang terjadi mungkin berbeda dengan yang diakui dalam laporan keuangan

Bank and its subsidiary perform assessment of the impairment amounts in two ways, namely: a. Individually, made to the amount of financial

assets that exceed certain threshold and to certain financial assets that have objective evidence that impairment has been identified separately on the statement of financial position date. Impairment loss is the difference between the carrying amount and the present value of the best estimated future cash flows and realization of collateral at the initial effective interest rates of financial assets. The estimates are made by considering the debt capacity and financial flexibility of the debtor, debtor's earnings quality, quantity and source of cash flows, industry in which the debtor operates and realizable value of collateral. Estimating the amount and timing of future recovery will require a lot of considerations. The amount of revenue depends on the performance of the debtor in the future and the value of collateral, both of which will be affected by future economic conditions, in addition to the fact that the collateral may not be easily sold. The actual value and date of receipt of future cash flows may differ from the estimates and as a result, actual loss which occurs may be different from the amount recognized in the financial statements.





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b. Kolektif, dilakukan untuk jumlah aset keuangan yang tidak melebihi ambang batas (threshold) tertentu, tidak memiliki bukti obyektif penurunan nilai dan aset keuangan yang memiliki bukti obyektif penurunan nilai, namun belum diidentifikasi secara terpisah pada tanggal laporan posisi keuangan. Pembentukan kerugian penurunan nilai dilakukan secara kolektif dengan antara lain memperhitungkan jumlah dan lamanya tunggakan, agunan dan pengalaman kerugian masa lalu. Faktor paling penting dalam pembentukan cadangan adalah probability of default dan loss given default. Kualitas aset keuangan pada masa mendatang dipengaruhi oleh ketidakpastian yang dapat menyebabkan kerugian aktual aset keuangan dapat berbeda secara material dari cadangan kerugian penurunan nilai yang telah dibentuk. Ketidakpastian ini termasuk lingkungan ekonomi, suku bunga dan pengaruhnya terhadap pembelanjaan debitur, tingkat pengangguran dan perilaku pembayaran.

b. Collectively, made to the amount of financial assets that do not exceed certain threshold and do not have objective evidence of impairment assessed individually, and to the financial assets that have objective evidence of impairment but has not been identified separately on the statement of financial position date. Establishment of collective impairment loss is made by, among others, taking into account the number and duration of arrears, collateral and past loss experience. The most important factors in establishing reserves are the probability of default and the loss given default. The quality of financial assets in the future is affected by uncertainties that could cause actual loss on financial assets, which may differ materially from the impairment loss reserves that have been established. These uncertainties include the economic environment, interest rates and the effect on spending of the debtor, unemployment rate and payment behavior.

Metodologi dan asumsi yang digunakan dalam penurunan nilai individual dan kolektif ini akan ditelaah secara berkala untuk mengurangi perbedaan antara estimasi kerugian dan kerugian aktual.

The methodology and assumptions used in the individual and collective impairment will be reviewed regularly to reduce the difference between estimated and actual losses.

Manfaat Karyawan

Employee benefits

Penentuan liabilitas imbalan kerja tergantung pada pemilihan asumsi tertentu yang digunakan oleh aktuaris dalam menghitung jumlah liabilitas tersebut. Asumsi tersebut termasuk antara lain tingkat diskonto dan tingkat kenaikan gaji. Realisasi yang berbeda dari asumsi Bank dan entitas anak diakumulasi dan diamortisasi selama periode mendatang dan akibatnya akan berpengaruh terhadap jumlah biaya serta liabilitas yang diakui di masa mendatang. Walaupun asumsi Bank dan entitas anak dianggap tepat dan wajar, namun perubahan signifikan pada kenyataannya atau perubahan signifikan dalam asumsi yang digunakan dapat berpengaruh secara signifikan terhadap liabilitas imbalan pasca kerja Bank dan entitas anak.

Determination of liability for employee benefits depends on the selection of certain assumptions used by actuaries in calculating the amount of such liability. These assumptions include, among others, the discount rate and the rate of increase in salaries. Different realization of the Bank and its subsidiary’s assumptions is accumulated and amortized over future periods and consequently will affect the amount of costs and liabilities recognize in the future periods. Although the assumptions used by the Bank and its subsidiary are assessed to be appropriate and fair, significant changes in actual events or significant changes in the assumptions used can significantly affect the Bank and its subsidiary's post-employment benefits liability.

Taksiran Masa Manfaat Ekonomis Aset Tetap Estimated Useful Lives of Premises and

Equipment

Masa manfaat setiap aset tetap Bank dan entitas anak ditentukan berdasarkan kegunaan yang diharapkan dari aset tersebut. Estimasi ini ditentukan berdasarkan evaluasi teknis internal dan pengalaman atas aset sejenis. Masa manfaat setiap aset direview secara periodik dan disesuaikan apabila prakiraan berbeda dengan estimasi sebelumnya karena keausan, keusangan teknis dan komersial, hukum atau keterbatasan lainnya atas pemakaian aset. Namun terdapat kemungkinan bahwa hasil operasi dimasa mendatang dapat dipengaruhi secara signifikan oleh perubahan atas jumlah serta periode pencatatan biaya yang diakibatkan karena perubahan faktor yang disebutkan di atas.

The useful life of each item of the Bank and its subsidiary premises and equipment, are estimated based on the period over which the asset is expected to be available for use. Such estimation is based on internal technical evaluation and experience with similar assets. The estimated useful life of each asset is reviewed periodically and updated if expectations differ from previous estimates due to physical wear and tear, technical or commercial obsolescence and legal or other limits on the use of the asset. It is possible, however, that future results of operations could be materially affected by changes in the amounts and timing of recorded expenses brought about by changes in the factors mentioned above.





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Perubahan masa manfaat aset tetap dapat mempengaruhi jumlah biaya penyusutan yang diakui dan penurunan nilai tercatat aset tetap.

A change in the estimated useful life of any item of premises and equipment would affect the recorded depreciation expense and decrease in the carrying values of premises and equipment.

Nilai tercatat aset tetap diungkapkan dalam Catatan 14.

The carrying amounts of premises and equipment are disclosed in Note 14.

5. GIRO PADA BANK INDONESIA

5. DEMAND DEPOSITS WITH BANK INDONESIA

Jumlah/ GWM Primer/ Jumlah/ GWM Primer/Total Primary MMD Total Primary MMD

Rp % Rp %

Rupiah 253.840.815.723 8,55 243.775.006.456 8,37 RupiahDollar Amerika Serikat 620.670.000.000 8,15 428.891.000.000 8,83 U.S. Dollar

Jumlah 874.510.815.723 672.666.006.456 Total

2013 2012

Sesuai dengan Peraturan Bank Indonesia (PBI) No. 15/15/PBI/2013 tanggal 24 Desember 2013 yang berlaku efektif sejak 31 Desember 2013, tentang Giro Wajib Minimum Bank Umum pada Bank Indonesia dalam Rupiah dan Valuta Asing, setiap bank di Indonesia diwajibkan mempunyai saldo giro minimum di Bank Indonesia untuk cadangan likuiditas. Giro Wajib Minimum (GWM) dalam Rupiah terdiri dari GWM Primer ditetapkan sebesar 8% dan GWM Sekunder ditetapkan sebesar 4%, serta GWM Loan to Deposit Ratio (LDR) sebesar perhitungan antara parameter disinsentif bawah atau parameter disinsentif atas dengan selisih antara LDR bank dan LDR target dengan memperhatikan selisih antara Kewajiban Penyediaan Modal Minimum (KPMM) bank dan KPMM Insentif. GWM dalam Dollar Amerika Serikat ditetapkan sebesar 8%.

In accordance with Bank Indonesia Regulation (PBI) No. 15/15/PBI/2013 dated December 24, 2013 which is effective from December 31, 2013, regarding Mandatory Minimum Deposit (MMD) Balances with Bank Indonesia in Rupiah and Foreign Currencies, each bank in Indonesia is required to maintain minimum deposit balances with Bank Indonesia, as liquidity reserve. The MMD in Rupiah consists of Primary MMD which is set at 8% and the Secondary MMD which is set at 4%, and MMD Loan to Deposit Ratio (LDR MMD) which is determined based on parameters under disincentive or over disincentive for the difference between the bank's LDR and target LDR by taking into account the difference between the bank's Capital Adequacy Ratio (CAR) and CAR incentive MMD in the United States Dollar is set at 8%.

Sesuai dengan PBI No. 12/19/PBI/2010 tanggal 4 Oktober 2010 yang diubah dengan PBI No. 13/10/PBI/2011 tanggal 9 Pebruari 2011, GWM dalam Rupiah, terdiri dari GWM Primer ditetapkan sebesar 8% dan GWM Sekunder yang ditetapkan sebesar 2,5%, serta GWM LDR sebesar perhitungan antara parameter disinsentif bawah atau parameter disinsentif atas dengan selisih antara LDR bank dan LDR target dengan memperhatikan selisih antara Kewajiban Penyediaan Modal Minimum (KPMM) bank dan KPMM Insentif yang mulai berlaku tanggal 1 Maret 2011. GWM dalam Dollar Amerika Serikat ditetapkan sebesar 8% sejak tanggal 1 Juni 2011.

In accordance with PBI No. 12/19/PBI/2010 dated October 4, 2010 which was amended by PBI No. 13/10/PBI/2011 dated February 9, 2011, MMD in Rupiah consists of Primary MMD which is set at 8% and Secondary MMD which is set at 2.5%, and LDR MMD which is determined based on parameters under disincentive or over disincentive for the difference between the bank's LDR and target LDR by taking into account the difference between the bank's Capital Adequacy Ratio (CAR) and CAR incentive which became effective from March 1, 2011. MMD in the United States Dollar is set at 8% which is effective from June 1, 2011.

Pada tanggal 31 Desember 2013 dan 2012, GWM sekunder Bank yang terdiri dari Sertifikat Bank Indonesia (SBI) masing-masing sebesar 8,31% dan 5,49%.

As of December 31, 2013 and 2012, the Bank’s secondary MMD which consists of Bank Indonesia Certificates were 8.31% and 5.49%, respectively.

Pada tanggal 31 Desember 2013 dan 2012, Bank tidak membentuk GWM LDR karena LDR Bank lebih besar dari batas atas LDR target dan KPMM Bank diatas 14%.

As of December 31, 2013 and 2012, the Bank did not establish LDR minimum statutory reserves because of Bank’s LDR was above LDR target and Bank’s CAR was above 14%.





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Pada tanggal 31 Desember 2013 dan 2012, Bank telah memenuhi GWM sesuai dengan ketentuan Bank Indonesia.

As of December 31, 2013 and 2012, the Bank has complied with the MMD required under Bank Indonesia regulation.

Seluruh giro pada Bank Indonesia pada tanggal 31 Desember 2013 dan 2012 tidak mengalami penurunan nilai, karena ditransaksikan dengan bank sentral Republik Indonesia yang memiliki risiko gagal bayar rendah.

All demand deposits with Bank Indonesia as of December 31, 2013 and 2012 are not impaired, since these are transacted with central bank of Republic of Indonesia with low probability of insolvency.

6. GIRO PADA BANK LAIN

Merupakan penempatan giro pada bank lain selain Bank Indonesia, dengan rincian sebagai berikut:

6. DEMAND DEPOSITS WITH OTHER BANKS This account represents current accounts with banks other than Bank Indonesia, with details as follows:

2013 2012Rp Rp

Pihak berelasi Related partiesMata uang asing Foreign currencies

Resona Bank Ltd, Jepang 6.305.302.185 19.301.028.604 Resona Bank Ltd, JapanThe Bank of East Asia, The Bank of East Asia,

Hongkong 11.270.151 6.894.238 Hongkong

Sub jumlah 6.316.572.336 19.307.922.842 Sub total

Pihak ketiga Third partiesRupiah Rupiah

PT Bank Central Asia Tbk 272.662.161 7.559.394 PT Bank Central Asia TbkPT Bank Mandiri (Persero) Tbk 14.847.846 13.694.691 PT Bank Mandiri (Persero) TbkLainnya (masing-masing Others (below Rp 10 million

di baw ah Rp 10 juta) 6.764.849 6.420.521 each)Mata uang asing Foreign currencies

JP Morgan Chase Bank NA, Amerika Serikat 419.133.957.836 420.458.416.564 JP Morgan Chase Bank NA, USA

Citibank JP Tokyo, Jepang 233.408.863.461 69.076.936.469 Citibank JP Tokyo, JapanDeutsche Bank Trust Co., Deutsche Bank Trust Co.,

Amerika Serikat 142.632.534.965 28.888.083.322 USAPT Bank Central Asia Tbk 39.770.732.318 17.752.537.146 PT Bank Central Asia TbkJP Morgan Chase Bank AG, JP Morgan Chase Bank AG,

Jerman 5.569.557.351 8.583.029.781 GermanyOCBC Bank, Singapura 4.742.447.484 6.132.124.455 OCBC Bank, SingaporeBangkok Bank Public Bangkok Bank Public

Company Limited, Thailand 4.207.736.427 2.232.045.109 Company Limited, ThailandOCBC-NISP Bank, Jakarta 2.496.299.812 802.142.404 OCBC-NISP Bank, JakartaLainnya (masing-masing

di baw ah Rp 1 miliar) 422.170.903 539.103.358 Others (below Rp 1 billion each)


Jumlah 858.995.147.749 573.800.016.056 Total

Tingkat bunga efektif rata-rata per tahun Average annual interest rateRupiah 0,21% 0,21% Rupiah

Seluruh giro pada bank lain pada tanggal 31 Desember 2013 dan 2012 tidak mengalami penurunan nilai.

All demand deposits with other banks are not impaired as of December 31, 2013 and 2012.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas giro pada bank lain tidak perlu dibentuk karena giro pada bank lain dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since demand deposits with other banks are assessed to be collectible upon maturity.





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7. PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN

7. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS

Penempatan pada Bank Indonesia dan bank lain berdasarkan jenis, mata uang dan nama bank adalah sebagai berikut:

Classification of placements with Bank Indonesia and other banks by type, currencies and bank’s name are as follows:

Tingkat bungaefektif

rata-rata per tahun/

Jangka Average annualwaktu/ effective Jumlah/Term interest rate Amount

hari/days RpPihak ketiga Third parties

Mata uang asing Foreign currenciesDeposito berjangka - OCBC Bank, Time deposit - OCBC Bank, Singapura 212 0,27% 328.590.000.000 Singapore

Rupiah RupiahBank Indonesia Intervensi - setelah dikurangi bunga yang Bank Indonesia Intervention - belum diamortisasi net of unamortized interest sebesar Rp 222.918.816 2 5,75% 1.395.777.081.184 of Rp 222,918,816

Penempatan Pada Bank Indonesia Placements with Bank Indonesia dan Bank Lain 1.724.367.081.184 and Other Banks

2013

Jenis penempatan Type of placement

Tingkat bungaefektif

rata-rata per tahun/

Jangka Average annualwaktu/ effective Jumlah/Term interest rate Amount

hari/days RpPihak ketiga Third parties

Rupiah RupiahCall loan Call loanBank Jabar Banten, Bandung 5 4,30% 50.000.000.000 Bank Jabar Banten, BandungJP Morgan Chase Bank, Jakarta - JP Morgan Chase Bank, Jakarta - setelah ditambah broker fee yang net of unamortized broker fee belum diamortisasi sebesar Rp 121.557 5 4,35% 70.000.121.557 Rp 121,557The Hongkong and Shanghai The Hongkong and Shanghai Banking Corp, Jakarta - Banking Corp, Jakarta - setelah ditambah broker fee yang net of unamortized broker fee belum diamortisasi sebesar Rp 121.557 5 4,35% 70.000.121.557 Rp 121,557Bank Commonwealth, Jakarta - Bank Commonwealth, Jakarta - setelah ditambah broker fee yang net of unamortized broker fee belum diamortisasi sebesar Rp 43.413 5 4,35% 25.000.043.413 Rp 43,413Bank Mega, Jakarta 5 4,40% 60.000.000.000 Bank Mega, Jakarta

Subjumlah 275.000.286.527 Subtotal

Mata uang asing Foreign currenciesDeposito berjangka - OCBC Bank, Time deposit - OCBC Bank, Singapura 759 0,57% 260.226.000.000 Singapore

Rupiah RupiahBank Indonesia Intervensi - setelah dikurangi bunga yang Bank Indonesia Intervention - belum diamortisasi net of unamortized interest sebesar Rp 162.658.322 5 4,00% 1.126.837.341.678 of Rp 162,658,322

Penempatan Pada Bank Indonesia Placements with Bank Indonesia dan Bank Lain 1.662.063.628.205 and Other Banks

2012

Jenis penempatan Type of placement

Pada tanggal 31 Desember 2013 dan 2012, penempatan pada Bank Indonesia tidak mengalami penurunan nilai karena ditransaksikan dengan Bank Sentral Republik Indonesia yang memiliki risiko gagal bayar rendah.

As of December 31, 2013 and 2012, the placements with Bank Indonesia are not impaired since these are transacted with Central Bank of Republic of Indonesia with low probability of insolvency.





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Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas penempatan pada bank lain tidak perlu dibentuk karena penempatan pada bank lain dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since placements with other banks are assessed to be collectible upon maturity.

8. EFEK-EFEK 8. SECURITIES

Efek-efek berdasarkan tujuan investasi, jenis dan mata uang adalah sebagai berikut:

Securities classified according to purpose, type and currencies are as follows:

2013 2012Rp Rp

Pihak ketiga Third partiesDimiliki hingga jatuh tempo Held-to-maturity

Rupiah Rupiah Sertif ikat Bank Indonesia 242.667.000.000 160.000.000.000 Bank Indonesia Certif icates Pendapatan dan biaya yang Unamortized income and

belum diamortisasi (3.814.735.234) (3.594.501.385) expenses

Subjumlah 238.852.264.766 156.405.498.615 Subtotal

Pinjaman yang diberikan dan piutang Loans and receivablesMata uang asing Foreign currencies

Wesel ekspor 31.904.778.230 38.095.233.687 Export draftsPendapatan yang dapat diatribusikan (46.719.556) (25.877.640) Atributable income


Jumlah Efek-efek 270.710.323.440 194.474.854.662 Total Securities

Suku bunga rata-rata per tahun dan jangka waktu adalah sebagai berikut:

Average interest rates per annum and term are as follows:

Tingkat bunga Tingkat bunga efektif rata-rata efektif rata-rata

per tahun/ per tahun/Jangka Average Jangka Averagewaktu/ annual effective waktu/ annual effectiveTerm interest rate Term interest rate

hari/days hari/daysBank Indonesia

Sertifikat Bank Indonesia 273 5,60% 273 4,61% CertificatesWesel ekspor 14 - 118 5,66% 14 - 90 3,09% Export drafts

2013 2012

Seluruh efek-efek pada tanggal 31 Desember 2013 dan 2012 tidak mengalami penurunan nilai.

The Bank’s securities are not impaired as of December 31, 2013 and 2012.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas efek-efek tidak perlu dibentuk karena efek-efek dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since securities are assessed to be collectible upon maturity.

Nilai tercatat pada biaya perolehan diamortisasi dari efek-efek adalah sebagai berikut:

Carrying amount at amortized cost of the securities are as follows:

2013 2012Rp Rp

Efek-efek 270.710.323.440 194.474.854.662 SecuritiesPendapatan bunga yang masih Accrued interest receivable

harus diterima (Catatan 15) 131.176.575 66.172.221 (Note 15)

Jumlah 270.841.500.015 194.541.026.883 Total





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9. TAGIHAN DAN LIABILITAS DERIVATIF

9. DERIVATIVE RECEIVABLES AND PAYABLES

Bank melakukan transaksi derivatif terutama dalam bentuk pembelian dan penjualan berjangka valuta asing (forward) dan swap. Forward dan Swap merupakan komitmen untuk menjual dan membeli sejumlah mata uang tertentu pada tanggal di masa mendatang dengan harga yang telah ditentukan terlebih dahulu.

The Bank’s derivative financial instruments principally consist of forward foreign exchange contracts and swap contracts. Forward and Swap contracts are agreements to buy or sell a currency for another currency at a future date and at a specified price.

Transaksi perangkat moneter derivatif di atas menimbulkan risiko pasar dan risiko kredit. Risiko pasar dari transaksi perangkat moneter derivatif timbul sebagai akibat dari adanya fluktuasi dalam tingkat bunga dan nilai tukar mata uang asing. Sedangkan risiko kredit timbul dalam hal pihak lain tidak memenuhi liabilitasnya kepada Bank. Jangka waktu dari instrumen derivatif berkisar antara 1 sampai 13 bulan.

The Bank’s derivative financial instruments give rise to market and credit risks. The market risk of derivative financial instruments arises from the potential changes in value due to fluctuations in interest and foreign exchange rates. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to fulfill its obligations according to the terms of the contract. The Bank’s derivative financial instruments have terms ranging from 1 to 13 months.

Pada tanggal 31 Desember 2013 dan 2012, tidak ada transaksi derivatif yang diperlakukan sebagai akuntansi lindung nilai. Dengan demikian, seluruh laba/rugi yang berasal dari transaksi derivatif diakui pada laba rugi.

As of December 31, 2013 and 2012, none of the Bank’s derivative transactions were designated as hedging instruments for accounting purposes. Accordingly, all gains and losses resulting from the derivative transactions are recognized in profit or loss.

Rincian tagihan dan liabilitas derivatif pada tanggal 31 Desember 2013 dan 2012 adalah sebagai berikut:

The details of derivative receivables and payables as of December 31, 2013 and 2012 are as follows:

Jumlah nosional/Notional amount

Tagihan/ Liabilitas/Beli/Buy Jual/Sell Receivables Payables

Rp Rp Rp RpPihak ketiga Third parties

Forw ard 848.896.040.809 836.999.538.361 32.018.760.487 15.265.878.261 Forw ardSWAP 351.911.854.364 357.149.837.913 4.960.158.956 8.005.099.371 SWAPSPOT 4.560.550.000 4.553.088.228 15.914.158 - SPOT

Jumlah tagihan derivatif Total derivative receivablesdan liabilitas derivatif 36.994.833.601 23.270.977.632 and derivative payables

2013

Jumlah nosional/Notional amount

Tagihan/ Liabilitas/Beli/Buy Jual/Sell Receivables Payables

Rp Rp Rp RpPihak ketiga Third parties

Forw ard 671.247.691.919 666.215.700.990 13.343.185.913 7.158.427.558 Forw ardSWAP 149.749.799.538 149.791.573.580 427.352.195 415.545.517 SWAPSPOT 71.110.430.677 71.354.369.662 89.116.776 249.988.172 SPOT

Jumlah tagihan derivatif Total derivative receivablesdan liabilitas derivatif 13.859.654.884 7.823.961.247 and derivative payables

2012





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10. KREDIT

10. LOANS

a. Jenis Pinjaman

a. By Type of Loans

2013 2012Rp Rp

Rupiah RupiahPihak ketiga Third parties

Kredit modal kerja 3.167.268.772.735 3.188.964.079.457 Working capital loansKredit investasi 668.511.580.347 793.268.291.410 Investment loansPinjaman ekspor 168.836.000.000 169.278.502.647 Export loansTrust receipts 56.932.872.098 22.567.944.340 Trust receiptsPinjaman sindikasi 36.662.103.586 35.631.194.197 Syndicated loansAnjak piutang 7.235.592.358 64.177.322.866 FactoringPinjaman karyawan Non-management employee bukan manajemen 5.055.645.864 5.979.131.270 loansFasilitas cerukan 1.953.258.628 1.976.448.401 Overdraft facility

Jumlah 4.112.455.825.616 4.281.842.914.588 TotalCadangan kerugian Allowance for Impairment penurunan nilai (68.545.225.401) (38.378.489.838) losses

Bersih 4.043.910.600.215 4.243.464.424.750 Net

Mata uang asing Foreign currenciesPihak ketiga Third parties

Kredit modal kerja 3.017.924.165.169 2.250.306.872.338 Working capital loansKredit investasi 1.220.197.612.277 561.769.737.005 Investment loansPinjaman ekspor 993.822.925.205 856.680.975.820 Export loansTrust receipts 229.875.785.677 142.510.758.330 Trust receiptsPromissory notes - Promissory notes - two-step loans 86.559.130.980 116.163.942.949 two-step loansAnjak piutang 42.014.765.312 35.518.195.851 FactoringEkspor two-step loans 8.543.340.000 9.772.932.000 Export two-step loans

Jumlah 5.598.937.724.620 3.972.723.414.293 TotalCadangan kerugian Allowance for Impairment penurunan nilai (6.750.663.210) (61.989.784.338) losses

Bersih 5.592.187.061.410 3.910.733.629.955 Net

Kredit - Bersih 9.636.097.661.625 8.154.198.054.705 Loans - Net

Tingkat bunga efektif rata-rata Average effective interest ratesper tahun per annum Rupiah 10,20% 10,36% RupiahDollar Amerika Serikat 4,02% 4,00% U.S. DollarYen Jepang 1,51% 1,73% Japanese Yen

b. Mata Uang

b. By Currencies

2013 2012Rp Rp

Rupiah 4.112.455.825.616 4.281.842.914.588 Rupiah Dollar Amerika Serikat 5.270.280.159.928 3.610.313.006.350 U.S. DollarYen Jepang 328.657.564.692 362.410.407.943 Japanese Yen

Jumlah 9.711.393.550.236 8.254.566.328.881 Total Cadangan kerugian Allowance for Impairment penurunan nilai (75.295.888.611) (100.368.274.176) losses






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c. Sektor Ekonomi

c. By Economic Sector

2013 2012Rp Rp

Rupiah RupiahIndustri 2.115.410.050.396 1.826.165.992.286 IndustryPembiayaan dan asuransi 867.409.305.341 875.813.110.817 Finance and insurancePerdagangan grosir 566.327.261.531 571.991.049.037 Wholesales tradingJasa usaha 394.185.891.788 752.016.531.078 Business serviceKonstruksi 141.913.951.975 184.155.286.241 ConstructionTransportasi/pergudangan 14.859.618.721 24.533.099.029 Transportation/storageHotel restoran 7.000.000.000 10.000.000.000 Hotel/restaurantPertanian - 27.365.198.830 AgriculturePerusahaan induk 294.100.000 3.823.516.000 Holding companyLain-lain 5.055.645.864 5.979.131.270 OthersSub Jumlah 4.112.455.825.616 4.281.842.914.588 Sub total

Mata uang asing Foreign CurrenciesIndustri 2.423.367.113.788 2.025.351.989.352 IndustryPerdagangan grosir 1.423.679.317.140 900.509.683.644 Wholesales tradingJasa usaha 721.397.311.073 569.049.666.203 Business serviceKonstruksi 568.570.122.692 64.829.332.340 ConstructionPerusahaan induk 170.197.450.000 134.787.430.000 Holding companyPerdagangan retail 114.154.600.000 92.332.040.000 Retail tradingPembiayaan dan asuransi 67.157.869.210 23.501.920.378 Finance and insurancePertanian 3.651.000.000 10.553.610.000 AgricultureLain-lain 106.762.940.717 151.807.742.376 OthersSub Jumlah 5.598.937.724.620 3.972.723.414.293 Sub total

Jumlah 9.711.393.550.236 8.254.566.328.881 Total Cadangan kerugian Allowance for Impairment

penurunan nilai (75.295.888.611) (100.368.274.176) losses


d. Jangka Waktu

Berdasarkan periode perjanjian kredit:

d. By Maturity

Based on term of loan agreements:

Mata uang asing/ Bersih/Rupiah Foreign currencies Net

Rp Rp Rp

1 tahun 1.586.382.119.345 1.809.983.626.355 3.396.365.745.700 1 year> 1 - 2 tahun 1.039.996.274.562 1.996.929.311.712 3.036.925.586.274 > 1 - 2 years> 2 - 5 tahun 1.300.764.596.395 852.108.047.118 2.152.872.643.513 > 2 - 5 years> 5 tahun 185.312.835.314 939.916.739.435 1.125.229.574.749 > 5 years

Jumlah 4.112.455.825.616 5.598.937.724.620 9.711.393.550.236 Total Cadangan kerugian Allowance for

penurunan nilai (68.545.225.401) (6.750.663.210) (75.295.888.611) Impairment losses

Kredit - Bersih 4.043.910.600.215 5.592.187.061.410 9.636.097.661.625 Loans - Net

2013





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Mata uang asing/ Bersih/Rupiah Foreign currencies Net

Rp Rp Rp

1 tahun 420.639.343.471 620.610.009.478 1.041.249.352.949 1 year> 1 - 2 tahun 1.991.443.387.986 2.307.299.338.205 4.298.742.726.191 > 1 - 2 years> 2 - 5 tahun 1.367.127.843.162 574.685.534.230 1.941.813.377.392 > 2 - 5 years> 5 tahun 502.632.339.969 470.128.532.380 972.760.872.349 > 5 years

Jumlah 4.281.842.914.588 3.972.723.414.293 8.254.566.328.881 Total Cadangan kerugian Allowance for

penurunan nilai (38.378.489.838) (61.989.784.338) (100.368.274.176) Impairment losses

Kredit - Bersih 4.243.464.424.750 3.910.733.629.955 8.154.198.054.705 Loans - Net

2012

e. Kredit sindikasi merupakan kredit yang

diberikan kepada debitur berdasarkan perjanjian pembiayaan bersama (sindikasi) dengan bank-bank lain.

e. Syndicated loans represent loans given to debtors with syndicated financing agreements with other banks.

Keikutsertaan Bank sebagai anggota sindikasi dengan persentase kepesertaan 4% masing-masing untuk tahun 2013 dan 2012.

The percentage of the Bank’s participation as a member in syndicated loans are 4% in 2013 and 2012, respectively.

f. Pinjaman kepada karyawan bukan

manajemen Bank ditujukan untuk pendidikan, kepemilikan kendaraan, rumah dan lainnya dengan jangka waktu 10 sampai dengan 120 bulan. Tingkat bunga rata-rata per tahun untuk pinjaman karyawan adalah 4,99% dan 5,02% masing-masing untuk 2013 dan 2012. Pembayaran kembali kredit melalui pemotongan gaji bulanan.

f. Loans to the Bank’s non management employees are intended for education, acquisition of vehicles, houses and other personal properties, within a period of 10 to 120 months. These loans bear average interest rates per annum of 4.99% and 5.02% in 2013 and 2012, respectively. Loans are collected through monthly salary deductions.

g. Kredit yang diberikan dijamin dengan agunan

yang diikat dengan hak tanggungan atau surat kuasa untuk menjual dan jaminan lain yang umumnya diterima oleh industri perbankan antara lain tanah, bangunan, mesin,jaminan perusahaan, giro dan deposito berjangka.

g. Loans are secured by collateral which are legalized by deed of encumbrance, power of attorney to sell and other collaterals that are generally accepted in the banking industry, such as lands, buildings, machineries, corporate guarantees, demand deposits and time deposits.

h. Bank telah melakukan restrukturisasi kredit

sebesar Rp 64.627.140.354 dengan cadangan kerugian penurunan nilai sebesar Rp 2.286.234.285 pada tanggal 31 Desember 2013 dan Rp 160.775.090.972 dengan cadangan kerugian penurunan nilai sebesar Rp 76.070.248.671 pada tanggal 31 Desember 2012. Bank melakukan restrukturisasi dengan cara memberikan perpanjangan jangka waktu kredit dan penurunan suku bunga.

h. The Bank has restructured loans of Rp 64,627,140,354 with allowance for impairment losses of Rp 2,286,234,285 as of December 31, 2013 and Rp 160,775,090,972 with allowance for impairment losses of Rp 76,070,248,671 as of December 31, 2012. Loan are restructured by giving extension of loan terms and reduction of interest rates.





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i. Berdasarkan kriteria yang ditetapkan dalam Peraturan Bank Indonesia, kredit berdasarkan klasifikasi kualitas adalah sebagai berikut:

i. Based on the criteria stated in Bank Indonesia Regulations, loans classified according to quality are as follows:

Cadangan KerugianPenurunan Nilai/

Jumlah kredit/ Allowance for Bersih/Total loans impairment losses Net

Rp Rp RpRupiah Rupiah

Lancar 3.744.635.507.916 827.996.431 3.743.807.511.485 CurrentDalam perhatian

khusus 248.725.861.044 969.608.245 247.756.252.799 Special mentionDiragukan 82.432.353.070 38.531.923.393 43.900.429.677 DoubtfulMacet 36.662.103.586 28.215.697.332 8.446.406.254 Loss

Sub jumlah 4.112.455.825.616 68.545.225.401 4.043.910.600.215 Sub total

Mata uang asing Foreign currenciesLancar 5.095.279.754.632 1.754.899.106 5.093.524.855.526 CurrentDalam perhatian

khusus 503.657.969.988 4.995.764.104 498.662.205.884 Special mention


Jumlah 9.711.393.550.236 75.295.888.611 9.636.097.661.625 Total

2013

Cadangan KerugianPenurunan Nilai/

Jumlah kredit/ Allowance for Bersih/Total loans impairment losses Net

Rp Rp RpRupiah Rupiah

Lancar 3.739.108.689.379 1.242.296.104 3.737.866.393.275 CurrentDalam perhatian

khusus 507.103.031.012 18.627.823.984 488.475.207.028 Special mentionDiragukan 35.631.194.197 18.508.369.750 17.122.824.447 Doubtful


Mata uang asing Foreign currenciesLancar 3.466.956.173.414 1.700.158.649 3.465.256.014.765 CurrentDalam perhatian

khusus 396.451.694.644 5.523.355.843 390.928.338.801 Special mentionKurang lancar 52.086.333.963 12.638.638.633 39.447.695.330 SubstandardMacet 57.229.212.272 42.127.631.213 15.101.581.059 Loss


Jumlah 8.254.566.328.881 100.368.274.176 8.154.198.054.705 Total

2012

j. Rasio Non-performing loan (NPL) pada

tanggal 31 Desember 2013 dan 2012 adalah sebagai berikut:

j. The non-performing loan (NPL) ratio as of December 31, 2013 and 2012 are as follows:

2013 2012

NPL Gross 1,23% 1,76% Gross NPL NPL Neto 0,54% 0,87% Net NPL





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k. Pada tanggal 31 Desember 2013 dan 2012, rincian kredit bermasalah menurut sektor ekonomi adalah sebagai berikut:

k. As of December 31, 2013 and 2012, the details of non-performing loans based on economic sector are as follows:

Kredit Cadangan kerugian Kredit Cadangan kerugianbermasalah/ penurunan nilai/ bermasalah/ penurunan nilai/

Non-performing Allowance for Non-performing Allowance for loans impairment losses loans impairment losses

Rp Rp Rp RpRupiah Rupiah

Jasa usaha 36.662.103.586 28.215.697.332 35.631.194.197 18.508.369.750 Business serviceIndustri 82.432.353.070 38.531.923.393 - - Industry

Sub jumlah 119.094.456.656 66.747.620.725 35.631.194.197 18.508.369.750 Sub total

Mata uang asing Foreign currenciesIndustri - - 109.315.546.235 54.766.269.846 Industry

Sub jumlah - - 109.315.546.235 54.766.269.846 Sub total

Jumlah 119.094.456.656 66.747.620.725 144.946.740.432 73.274.639.596 Total

2013 2012

l. Dalam Laporan Batas Maksimum Pemberian

Kredit (BMPK) kepada Bank Indonesia pada tanggal 31 Desember 2013 tidak terdapat kredit yang tidak memenuhi ketentuan BMPK.

l. As of December 31, 2013, there are no loans which exceeded the legal lending limit (BMPK) as stated in the legal lending limit report to Bank Indonesia.

Berdasarkan Revisi Laporan BMPK tanggal 31 Desember 2012, rasio pelanggaran BMPK untuk pihak tidak terkait posisi Desember 2012 dari sebelumnya 0% berubah menjadi 12,10% yang disebabkan oleh ketergantungan keuangan debitur dari debitur lain yang terjadi pasca penarikan fasilitas. Pelanggaran tersebut telah diselesaikan pada bulan Maret 2013.

Based on Revision of legal lending limit report for December 31, 2012, the legal lending limit breach ratio for non-related party as of December 2012 previously 0% changed to 12.10%, caused by debtor’s financial dependency from other debtor which happened after facility drawdown. The breach is already settled in March 2013.

m. Mutasi cadangan kerugian penurunan nilai kredit untuk tahun yang berakhir 31 Desember 2013 dan 2012 adalah sebagai berikut:

m. The changes in the allowance for impairment losses on loans for the years ended December 31, 2013 and 2012 are as follows:

Valutaasing/

Foreign Jumlah/Rupiah currencies Total

Rp Rp Rp

Saldo awal tahun 38.378.489.839 61.989.784.337 100.368.274.176 Balance at beginning of yearPenyisihan (pemulihan) tahun Provision (reversal of provision)

berjalan 86.306.483.202 (4.635.443.861) 81.671.039.341 during the yearAkrual bunga pada kredit

yang mengalami Accrued interest on penurunan nilai 2.095.252.362 (901.105.671) 1.194.146.691 impaired loans

Penghapusan (58.235.000.000) (53.575.822.024) (111.810.822.024) Write-offSelisih kurs - 3.873.250.427 3.873.250.427 Exchange rate differences

Saldo akhir tahun 68.545.225.403 6.750.663.208 75.295.888.611 Balance at end of year

2013

Valutaasing/

Foreign Jumlah/Rupiah currencies Total

Rp Rp Rp

Saldo awal tahun 2.680.531.471 118.287.125.277 120.967.656.748 Balance at beginning of yearPenyisihan (pemulihan) tahun Provision (reversal of provision)

berjalan 34.949.246.736 (32.811.056.479) 2.138.190.257 during the yearAkrual bunga pada kredit

yang mengalami Accrued interest on penurunan nilai 748.711.632 430.557.988 1.179.269.620 impaired loans

Penghapusan - (28.272.381.605) (28.272.381.605) Write-offSelisih kurs - 4.355.539.156 4.355.539.156 Exchange rate differences


2012





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Penghapusan cadangan kerugian penurunan nilai kredit valuta asing sejumlah Rp 53.575.822.024 merupakan penghapusan cadangan kerugian penurunan nilai atas kredit yang belum dihapus buku namun telah diselesaikan dengan cara dijual kepada pihak ketiga.

Write-off of loan foreign currencies allowance for impairment losses amounting to Rp 53,575,822,024 is write-off of loan allowance for impairment losses which is not yet written off but have been settled with sale to third party.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai kredit tersebut di atas adalah cukup untuk menutup kerugian yang mungkin timbul akibat tidak tertagihnya kredit.

Management believes that the allowance impairment losses is adequate to cover possible losses from uncollectible loans.

n. Mutasi kredit yang dihapus buku adalah sebagai berikut:

n. The changes in loans written off are as follows:

Mata uangasing/Foreign Jumlah/

Rupiah currencies TotalRp Rp Rp

Saldo awal tahun 26.605.684.345 287.027.677.069 313.633.361.414 Balance at beginning of yearPenghapusan 58.235.000.000 - 58.235.000.000 Write-offSelisih kurs penjabaran - 70.780.761.465 70.780.761.465 Exchange rate differences


2013

Mata uangasing/Foreign Jumlah/

Rupiah currencies TotalRp Rp Rp

Saldo awal tahun 26.605.684.345 244.417.728.665 271.023.413.010 Balance at beginning of yearPenghapusan - 28.272.381.605 28.272.381.605 Write-offSelisih kurs penjabaran - 14.337.566.799 14.337.566.799 Exchange rate differences


2012

o. Nilai tercatat pada biaya perolehan

diamortisasi dari kredit yang diberikan adalah sebagai berikut:

o. Carrying amount at amortized cost of the loans are as follow:

2013 2012Rp Rp

Kredit yang diberikan 9.711.393.550.236 8.254.566.328.881 Loans Pendapatan bunga yang masih Accrued interest receivable

harus diterima (Catatan 15) 7.148.583.162 4.115.889.029 (Note 15)Cadangan kerugian penurunan Allowance for impairment

nilai (75.295.888.611) (100.368.274.176) losses

Jumlah 9.643.246.244.787 8.158.313.943.734 Total

11. TAGIHAN DAN LIABILITAS AKSEPTASI 11. ACCEPTANCES RECEIVABLE AND PAYABLE

2013 2012Rp Rp

Tagihan Akseptasi Acceptances ReceivablePihak ketiga Third parties

Rupiah RupiahDebitur - 4.254.241.750 Debtors

Mata uang asing Foreign currenciesDebitur 161.661.327.696 163.405.961.933 DebtorsBank 28.194.354.493 28.525.292.475 Banks


Jumlah 189.855.682.189 196.185.496.158 Total





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2013 2012Rp Rp

Liabilitas Akseptasi Acceptances PayablePihak ketiga Third parties

Rupiah RupiahBank - 4.254.241.750 Banks

Mata uang asing Foreign currenciesBank 161.661.327.696 164.434.972.642 BanksDebitur 28.194.354.493 28.525.292.475 Debtors


Jumlah 189.855.682.189 197.214.506.867 Total

Seluruh tagihan akseptasi pada tanggal 31 Desember 2013 dan 2012 tidak mengalami penurunan nilai.

Acceptances receivable are not impaired as of December 31, 2013 and 2012.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas tagihan akseptasi tersebut tidak perlu dibentuk karena tagihan tersebut dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since acceptances receivable are assessed to be collectible upon maturity.

Tagihan akseptasi berdasarkan jangka waktu kontrak adalah sebagai berikut:

Acceptances receivable classified according to maturity dates based on contract are as follows:

2013 2012Rp Rp

Rupiah Rupiah > 1 - 3 bulan - 4.254.241.750 > 1 - 3 months

Sub Jumlah - 4.254.241.750 Sub total

Mata uang asing Foreign currencies1 bulan 7.630.006.150 23.263.043.571 1 month> 1 - 3 bulan 82.766.757.169 81.310.921.404 > 1 - 3 months> 3 - 6 bulan 88.228.511.270 57.411.922.481 > 3 - 6 months> 6 - 12 bulan 11.230.407.600 29.945.366.952 > 6 - 12 months

Sub Jumlah 189.855.682.189 191.931.254.408 Sub total

Jumlah 189.855.682.189 196.185.496.158 Total

Liabilitas akseptasi berdasarkan jangka waktu kontrak adalah sebagai berikut:

Acceptance payable classified according to maturity dates based on contract are as follows:

2013 2012Rp Rp

Rupiah Rupiah > 1 - 3 bulan - 4.254.241.750 > 1 - 3 months

Sub Jumlah - 4.254.241.750 Sub total

Mata uang asing Foreign currencies1 bulan 7.630.006.150 23.263.043.571 1 month> 1 - 3 bulan 82.766.757.169 81.310.921.404 > 1 - 3 months> 3 - 6 bulan 88.228.511.270 58.440.933.190 > 3 - 6 months> 6 - 12 bulan 11.230.407.600 29.945.366.952 > 6 - 12 months


Jumlah 189.855.682.189 197.214.506.867 Total





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12. PIUTANG SEWA PEMBIAYAAN

12. FINANCE LEASE RECEIVABLES

2013 2012Rp Rp


Piutang sewa pembiayaan 143.823.362.447 184.796.227.534 Finance lease receivablesNilai sisa 39.800.844.643 43.952.677.291 Residual valuePendapatan sewa pembiayaan

yang belum diakui (19.387.391.213) (30.817.928.590) Unearned lease incomeSimpanan jaminan (39.800.844.643) (43.952.677.291) Security deposits


Mata uang asing Foreign currencyPiutang sewa pembiayaan 223.402.611.453 180.242.664.333 Finance lease receivablesNilai sisa 52.935.998.895 37.365.036.844 Residual valuePendapatan sewa pembiayaan

yang belum diakui (18.225.047.490) (11.320.332.690) Unearned lease incomeSimpanan jaminan (52.935.998.895) (37.365.036.844) Security deposits


Jumlah 329.613.535.197 322.900.630.587 Total Cadangan kerugian penurunan nilai (118.429.818) (134.045.350) Allowance for impairment losses

Piutang sewa pembiayaan - Bersih 329.495.105.379 322.766.585.237 Finance lease receivables - Net

Tingkat bunga efektif rata-rata Average annual effective interest per tahun ratesRupiah 12,88% 12,62% RupiahMata uang asing 5,58% 5,43% Foreign currency

Jumlah piutang sewa pembiayaan berdasarkan jenis produk adalah sebagai berikut:

Total finance lease receivables based on product are as follow:

2013 2012Rp Rp

Mesin 262.899.720.258 267.498.429.736 MachineKendaraan bermotor 35.061.685.463 33.445.108.346 VehicleAlat berat 34.157.945.250 35.924.947.163 Heavy equipmentLain-lain 35.106.622.929 28.170.406.622 Others

Jumlah 367.225.973.900 365.038.891.867 Total

Tenor pembiayaan berkisar antara 2-5 tahun. The period of financing ranging from 2-5 years. Biaya-biaya yang timbul, seperti premi asuransi, bea materai dan biaya terkait lainnya sehubungan dengan perolehan aset sewa pembiayaan, dibebankan kepada konsumen.

Additional cost arises, for example: insurance premium, stamp duty and other related to leased assets, charged to consumers.

Kualitas piutang sewa pembiayaan pada tanggal 31 Desember 2013 dan 2012 adalah tidak mengalami penurunan nilai secara individual.

The quality of finance lease receivables as of December 31, 2013 and 2012 are not individually impaired.





- 50 -

Jumlah angsuran sewa pembiayaan berdasarkan jatuh temponya adalah sebagai berikut:

Total finance lease installments based on maturity date are as follow:

2013 2012 2013 2012Rp Rp Rp Rp

Angsuran sewa pembiayaan Lease InstallmentsSampai dengan satu tahun 29.733.554.712 21.174.420.813 28.629.874.984 20.587.978.596 Within one year Lebih dari satu tahun sampai lima tahun 337.492.419.188 343.864.471.054 300.983.660.213 302.312.651.991 More than one year up to f ive years

Subjumlah 367.225.973.900 365.038.891.867 329.613.535.197 322.900.630.587 Subtotal

Pendapatan sewa pembiayaan belum diakui Unearned lease incomeSampai dengan satu tahun 1.103.679.728 586.442.217 - - Within one year Lebih dari satu tahun sampai lima tahun 36.508.758.975 41.551.819.063 - - More than one year up to f ive years

Subjumlah 37.612.438.703 42.138.261.280 - - Subtotal

Jumlah 329.613.535.197 322.900.630.587 329.613.535.197 322.900.630.587 Total

Nilai kini dari pembayaran minimum

minimum lease payments31 Desember/December 31, 31 Desember/December 31,

Pembayaran minimum sew a pembiayaan/Minimum lease payments

sew a pembiayaan/Present value of

Mutasi cadangan kerugian penurunan nilai untuk tahun yang berakhir 31 Desember 2013 dan 2012 adalah sebagai berikut:

The changes in the allowance for impairment losses for the year ended December 31, 2013 and 2012 are as follows:

2013 2012Rp Rp

Saldo awal tahun 134.045.350 124.772.089 Beginning balance Penyisihan (pemulihan) tahun Provision (reversal) during

berjalan (Catatan 29) the year (Note 29)Kolektif (31.153.843) 5.487.926 Collective

Selisih kurs penjabaran 15.538.311 3.785.335 Exchange rate differences

Saldo akhir tahun 118.429.818 134.045.350 Balance at end or year

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai telah memadai untuk menutup kemungkinan kerugian atas tidak tertagihnya piutang sewa pembiayaan.

The management believes that the amount of allowance for impairment losses is adequate to cover the possible losses that might arise from uncollectible finance lease receivables.

Simpanan Jaminan Pada saat perjanjian sewa pembiayaan dimulai, lessee memberikan simpanan jaminan yang akan digunakan sebagai pembayaran atas pembelian dari aset sewa pembiayaan pada akhir masa sewa, bila hak opsi dilaksanakan lessee. Apabila hak opsi tidak dilaksanakan, simpanan jaminan tersebut akan dikembalikan kepada lessee pada akhir masa sewa pembiayaan.

Security Deposits At the inception of net investment in finance lease’s contract, the lessee rendered security deposits which will be used as payment of purchased leased assets at the end of the lease period, if the right option is exercised. If the option right is not exercised, such security deposits will be returned at the end of the lease period.

13. BIAYA DIBAYAR DIMUKA 13. PREPAID EXPENSES

2013 2012Rp Rp

Manfaat diterima dari penjualan aset Benefit received from sale of tidak lancar tersedia untuk dijual 61.020.881.428 - non-current assets held for sale

Sewa 7.362.588.072 3.618.220.632 RentLainnya 3.550.931.150 3.646.161.669 Others

Jumlah 71.934.400.650 7.264.382.301 Total





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Manfaat diterima dari penjualan aset tidak lancar tersedia untuk dijual

Benefit received from sale of noncurrent assets held for sale

Berdasarkan Keputusan Direksi No. 065/KEP/DIR/XII/2012 tanggal 20 Desember 2012 tentang penjualan tanah dan bangunan kantor pusat, direksi Bank memutuskan untuk menjual aset tanah dan bangunan yang terletak di Jl. Jenderal Sudirman Kav. 40-41. Pada tanggal 21 Desember 2012 Bank melakukan perjanjian dengan PT Consulting Services Indonesia (CSI) serta PT Cushman & Wakefield Indonesia berupa (Master) Heads of agreement on sale and leaseback or buyback for Gedung Bank Resona Perdania to be developed into a new office building approx 55.000 SQM semi gross area between PT Bank Resona Perdania and PT Consulting Services Indonesia. Perjanjian ini telah di legalisasi oleh Hadijah, S.H., Mkn, notaris di Jakarta di bawah No. 564/Leg/2012 tanggal 21 Desember 2012 sebagaimana diubah dengan Addendum To (Master) Heads of Agreement on Sales & Leaseback or Buyback for Gedung Resona Perdania To Be Developed Into A New Office Building Approx.55.000 SQM Semi Gross Area Between PT Bank Resona Perdania And PT Consulting Services Indonesia tanggal 29 Agustus 2013 dan didaftar oleh Notaris Hadijah, SH, MKn, di Kota Jakarta Pusat tanggal 29 Agustus 2013 No. 1814/W/2013. Berdasarkan keputusan direksi dan perjanjian dengan CSI, Bank mencatat aset tanah dan bangunan dengan nilai tercatat Rp 123.998.675.000 sebagai aset tidak lancar tersedia untuk dijual. Pada akhir tahun 2012 Bank telah menerima deposit dari pembeli sebesar Rp 148.425.200.000 dan dicatat dalam liabilitas lain-lain.

Based on the Board of Directors No. 065/KEP/DIR-XII/2012 dated December 20, 2012 regarding to resolution sales of land and building of head office, the Board of Directors decided to sell land and building located at Jl. Jenderal Sudirman Kav. 40-41. On December 21, 2012 the Bank entered an agreement with PT Consulting Services Indonesia (CSI) and PT Cushman & Wakefield Indonesia, the agreement is (Master) Heads of agreement on sale and leaseback or buyback for Resona Perdania Bank Building to be developed into a new office building approx 55,000 SQM semi gross area between PT Bank Resona Perdania and PT Consulting Services Indonesia. This agreement has been legalized by Hadijah, S.H., Mkn, notary in Jakarta under No. 564/Leg/2012 dated December 21, 2012 as amended by Addendum To (Master) Heads of Agreement on Sales & Leaseback or Buyback for Gedung Resona Perdania To Be Developed Into A New Office Building Approx.55.000 SQM Semi Gross Area Between PT Bank Resona Perdania And PT Consulting Services Indonesia dated August 29, 2013 and registered by Notaris Hadijah, SH, MKn, in the City of Central Jakarta dated August 29, 2013 No. 1814/W/2013. Based on the Board of Directors resolution and agreement with CSI, the Bank recorded land and building with carrying value of Rp 123,998,675,000 as non current assets held for sale. At the end of year 2012 the Bank received deposit from buyer amounting to Rp 148,425,200,000 and recorded under other liabilities.

Atas transaksi di atas Bank dan entitas anak masih dapat menempati bangunan tersebut sampai dengan 12 bulan setelah menerima pemberitahuan dari pembeli untuk mengosongkan properti. Pada tanggal 13 Januari 2014 Bank telah pindah ke lokasi baru di Lt. 5&6, Suite 501 dan 601, Jl. Jenderal Gatot Subroto Kav. 9-11, Karet Semanggi Setiabudi, Jakarta 12930 Indonesia.

Based on the transactions above the Bank and its subsidiary can still occupy the building up to 12 months after receipt of notice to vacate the property from buyer. On January 13, 2014 the Bank has been relocated to new premises at Menara Mulia 5&6 Floor, Suite 501 and 601, Jl. Jenderal Gatot Subroto Kav. 9-11, Karet Semanggi Setiabudi, Jakarta 12930 Indonesia.

Pada tanggal 31 Januari 2013 berdasarkan perjanjian pengalihan dan penyerahan hak dan kewajiban yang telah dilegalisasi oleh Hadijah, S.H., Mkn, notaris di Jakarta di bawah No. 579/Leg/2013, terjadi pengalihan hak dan kewajiban atas (Master) Heads of Agreement on sale and leaseback or buyback for Gedung Resona Perdania antara Bank dan PT CSI menjadi antara Bank dan PT Mitra Panca Persada (MPP).

On January 31, 2013 based on agreement of transfering and delivering rights and obligations which have been legalized by Hadijah, S.H., Mkn, notary public in Jakarta under No. 579/Leg/2013, happened upon the transfer of rights and obligations (Master) Heads of Agreement on sale and leaseback or buyback for Resona Perdania Building between the Bank and PT CSI to become between the Bank and PT Mitra Panca Persada (MPP).

Berdasarkan akta-akta jual beli No. 11/2013, No. 12/2013, dan No.13/2013 semua tanggal 31 Januari 2013, dari Pejabat Pembuat Akta Tanah Hadijah, S.H., Mkn, Bank telah mengalihkan kepemilikan tanah dan bangunan yang terletak di Jl. Jenderal Sudirman Kav. 40-41 kepada MPP. Bank telah menerima pelunasan pembayaran dari MPP pada tanggal 31 Januari 2013.

Based on deeds of sale & purchase No. 11/2013, No.12/2013, and No. 13/2013 all dated January 31, 2013 from a land deed official Hadijah, S.H., Mkn, Bank has transferred the ownership of land and buildings located on Jl. Jenderal Sudirman Kav. 40-41 to MPP. The Bank has received settlement from MPP on January 31, 2013.





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Keuntungan penjualan aset tidak lancar tersedia untuk dijual adalah sebagai berikut:

Gain on sale of non current assets held for sale is as follows:

2013Rp

Jumlah tercatat aset tidak lancar tersedia Carrying amount of non current assets untuk dijual 123.998.675.000 held for sale

Harga jual 390.688.300.254 Selling price

Keuntungan penghapusan aset tetap Gain on disposal of non currenttidak lancar tersedia untuk dijual 266.689.625.254 assets held for sale

Harga jual yang diterima bank setelah pajak terdiri atas penerimaan kas sebesar Rp 332.718.462.898 dan penerimaan manfaat sebesar Rp 57.969.837.356.

Selling price received after taxes by the Bank consist of cash received amounting to Rp 332,718,462,898 and benefit received amounting to Rp 57,969,837,356.

Rincian saldo manfaat yang diterima Bank sebelum pajak pada tahun 2013 adalah sebagai berikut:

Details balance of benefit received by the Bank before taxes in 2013 are as follows:

2013Rp

Sewa gedung 37.608.902.188 Building rentBiaya parkir 3.008.319.600 Parking costBiaya relokasi 291.947.240 Relocation costBiaya renovasi 20.111.712.400 Renovation cost

Jumlah 61.020.881.428 Total

Manfaat yang diterima bank dalam bentuk sewa gedung, biaya parkir dan biaya renovasi akan diamortisasi sepanjang masa sewa Bank di gedung baru. Manfaat dalam bentuk biaya relokasi akan langsung dibebankan ketika telah memperoleh penggantian dari pihak pembeli.

Benefit received by the Bank in the form of building rent, parking cost, and renovation cost will be amortized over the Bank’s rent period at the new premises. Benefit in the form of relocation cost will be directly charged to expense when the Bank received compensation from buyer.

14. ASET TETAP 14. PREMISES AND EQUIPMENTS

1 Januari/ 31 Desember/January 1, Penambahan/ Pengurangan/ Reklasif ikasi/ December 31,

2013 Additions Deductions Reclassifications 2013Rp Rp Rp Rp Rp

Biay a perolehan: Cost:Tanah 736.560.000 - - - 736.560.000 LandBangunan dan Buildings and building

renov asi gedung 912.916.219 108.932.685 387.004.079 - 634.844.825 improv ementsKendaraan 1.882.850.000 - - - 1.882.850.000 VehiclesMesin-mesin dan Machineries and

inv entaris kantor 36.170.137.493 1.222.266.430 276.620.457 31.839.317 37.147.622.783 of f ice equipments

Subjumlah 39.702.463.712 1.331.199.115 663.624.536 31.839.317 40.401.877.608 Subtotal

Aset dalam peny elesaian 404.697.318 7.320.848.502 - (31.839.317) 7.693.706.503 Construction in progress

Jumlah 40.107.161.030 8.652.047.617 663.624.536 - 48.095.584.111 Total

Akumulasi peny usutan: Accumulated depreciation:Bangunan dan Buildings and building

renov asi gedung 581.679.559 60.366.167 176.214.693 - 465.831.033 improv ementsKendaraan 1.457.472.461 164.813.135 - - 1.622.285.596 VehiclesMesin-mesin dan Machineries and

inv entaris kantor 29.369.702.811 3.619.582.288 268.052.080 - 32.721.233.019 of f ice equipments

Jumlah 31.408.854.831 3.844.761.590 444.266.773 - 34.809.349.648 Total

Jumlah Tercatat 8.698.306.199 13.286.234.463 Carry ing Amount





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1 Januari/ 31 Desember/January 1, Penambahan/ Pengurangan/ Reklasif ikasi/ December 31,

2012 Additions Deductions Reclassifications 2012Rp Rp Rp Rp Rp

Biay a perolehan: Cost:Tanah 104.641.560.000 - 103.905.000.000 - 736.560.000 LandBangunan dan Buildings and building

renov asi gedung 33.718.916.219 - 32.806.000.000 - 912.916.219 improv ementsKendaraan 1.882.700.000 12.300.000 12.150.000 - 1.882.850.000 VehiclesMesin-mesin dan Machineries and

inv entaris kantor 41.747.678.502 6.294.111.791 12.238.284.550 366.631.750 36.170.137.493 of f ice equipments

Subjumlah 181.990.854.721 6.306.411.791 148.961.434.550 366.631.750 39.702.463.712 Subtotal

Aset dalam peny elesaian 366.631.751 404.697.317 - (366.631.750) 404.697.318 Construction in progress

Jumlah 182.357.486.472 6.711.109.108 148.961.434.550 - 40.107.161.030 Total

Akumulasi peny usutan: Accumulated depreciation:Bangunan dan Buildings and building

renov asi gedung 11.587.885.944 1.706.118.615 12.712.325.000 - 581.679.559 improv ementsKendaraan 1.281.711.595 187.910.866 12.150.000 - 1.457.472.461 VehiclesMesin-mesin dan Machineries and

inv entaris kantor 37.430.613.247 4.177.374.114 12.238.284.550 - 29.369.702.811 of f ice equipments

Jumlah 50.300.210.786 6.071.403.595 24.962.759.550 - 31.408.854.831 Total

Jumlah Tercatat 132.057.275.686 8.698.306.199 Carry ing Amount

Keuntungan (kerugian) penjualan aset tetap untuk tahun-tahun yang berakhir 31 Desember 2013 dan 2012 adalah sebagai berikut:

Gain (loss) on sale of premises and equipments for the year ended December 31, 2013 and 2012 are as follows:

2013 2012Rp Rp

Carrying amount of premises Jumlah tercatat aset tetap 219.357.763 - and equipmentsHarga jual 16.602.153 33.786.364 Selling price

Keuntungan (kerugian) penjualan Gain (loss) on sale of premises aset tetap (202.755.610) 33.786.364 and equipments

Tanah, bangunan dan renovasi gedung direklasifikasi kedalam akun aset tidak lancar tersedia untuk dijual pada tahun 2012. Pada tahun 2013 aset tidak lancar tersedia untuk dijual telah dijual serta pelunasan dan manfaat yang diterima Bank telah dicatat pada tanggal 31 Januari 2013 (Catatan 13).

Land, buildings and building improvements were reclassified as non-current assets held for sell in 2012. In 2013 the non-current assets held for sale were sold and the payment and benefit received by the Bank were already recorded on January 31, 2013 (Note 13).

Bank memiliki beberapa bidang tanah dengan hak legal berupa Hak Guna Bangunan yang berjangka waktu 20 (dua puluh) tahun yang masa berlakunya sampai dengan 16 Agustus 2024 dan 1 Juli 2032. Manajemen berpendapat tidak terdapat masalah dengan perpanjangan hak atas tanah, karena seluruh tanah diperoleh secara sah dan didukung dengan bukti pemilikan yang memadai.

The Bank owns several pieces of land with Building Use Rights (HGB) for 20 (twenty) years expiring on August 16, 2024 and July 1, 2032. Management believes that there will be no difficulty in the extension of the landrights, since all the land were acquired legally and supported by sufficient evidence of ownership.

Manajemen berpendapat bahwa nilai tercatat aset tetap lebih rendah daripada nilai yang dapat dipulihkan, oleh karena itu tidak dibentuk penurunan nilai aset.

Management believes that the net carrying amount of premises and equipment is lower than the recoverable amount, as such there was no impairment in value of premises and equipment.





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Aset tetap kecuali tanah telah diasuransikan kepada PT Asuransi Mitsui Sumitomo terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan masing-masing sebesar Rp 4.953.492.944 dan USD 28.000.000, kepada PT Asuransi Sompo Japan Nipponkoa Indonesia terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan sebesar Rp 1.123.405.345 dan kepada PT Asuransi MSIG Indonesia terhadap risiko pencurian dengan jumlah pertanggungan sebesar Rp 585.200.000 pada tanggal 31 Desember 2013.

Premises and equipment, except for land, are insured with PT Asuransi Mitsui Sumitomo against fire, theft and other risks for Rp 4,953,492,944 and USD 28,000,000, insured with PT Asuransi Sompo Japan Nipponkoa Indonesia against fire, theft and other risk for Rp 1,123,405,345 and insured with PT Asuransi MSIG Indonesia against theft risk for Rp 585,200,000 as of December 31, 2013.

Aset tetap kecuali tanah telah diasuransikan kepada PT Asuransi Mitsui Sumitomo terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan masing-masing sebesar Rp 5.000.862.944 dan USD 28.000.000, kepada PT Asuransi Nipponkoa Indonesia terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan sebesar Rp 1.346.025.809 dan kepada PT Sompo Japan Indonesia terhadap risiko pencurian dengan jumlah pertanggungan sebesar Rp 457.000.000 pada tanggal 31 Desember 2012.

Premises and equipments, except for land, are insured with PT Asuransi Mitsui Sumitomo against fire, theft and other risks for Rp 5,000,862,944 and USD 28,000,000 and insured with PT Asuransi Nipponkoa Indonesia against fire, theft and other risks for Rp 1,346,025,809 and insured with PT Sompo Japan Insurance Indonesia against theft risk for Rp 457,000,000 as of December 31, 2012.

Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas aset yang dipertanggungkan.

The management believes that the insurance coverage is adequate to cover possible asset losses on the assets insured.

15. ASET LAIN-LAIN

15. OTHER ASSETS

2013 2012Rp Rp

Tagihan yang masih akan diterima 26.607.266.781 - Claim to be receivedPendapatan bunga yang masih

harus diterima 7.623.388.206 5.000.229.707 Accrued interest receivableBeban perangkat lunak

ditangguhkan - bersih 4.384.967.249 5.777.085.602 Deferred software license cost - netPenyertaan keanggotaan dan

jaminan 6.978.892.111 1.685.278.405 Membership and depositsLain-lain - bersih 2.407.785.061 1.433.896.559 Others - net

Jumlah Aset Lain-lain 48.002.299.408 13.896.490.273 Total Other Assets

Tagihan yang masih akan diterima Claim to be received

Merupakan tagihan Bank kepada pihak ketiga atas sebagian manfaat yang diterima Bank dari transaksi penjualan aset tidak lancar tersedia untuk dijual (Catatan 13), yang akan ditagihkan.

Bank’s claim to third parties in part of benefit received by the bank from the sale of non-current asset held for sale (Note 13), that will be billed.





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16. LIABILITAS SEGERA

16. LIABILITIES PAYABLE IMMEDIATELY

2013 2012Rp Rp

Kiriman uang 500.613.409 2.344.584.123 Fund transfersLainnya 2.466.716.677 73.636.244.747 Others

Jumlah 2.967.330.086 75.980.828.870 Total

17. SIMPANAN

17. DEPOSITS

Simpanan terdiri dari: Deposits consist of:

Pihak berelasi/ Pihak ketiga/Related parties Third parties Jumlah/Total

Rp Rp Rp

Giro - 3.470.219.616.995 3.470.219.616.995 Demand depositsTabungan 216.924.292 1.367.473.051 1.584.397.343 Savings depositsDeposito berjangka - 3.308.619.616.560 3.308.619.616.560 Time deposits

Jumlah 216.924.292 6.780.206.706.606 6.780.423.630.898 Total

2013

Pihak berelasi/ Pihak ketiga/Related parties Third parties Jumlah/Total

Rp Rp Rp

Giro - 2.836.906.045.539 2.836.906.045.539 Demand depositsTabungan 96.546.035 1.275.991.003 1.372.537.038 Savings depositsDeposito berjangka - 2.595.137.648.232 2.595.137.648.232 Time deposits

Jumlah 96.546.035 5.433.319.684.774 5.433.416.230.809 Total

2012

a. Giro terdiri dari:

a. Demand deposits consist of:

2013 2012Rp Rp

Pihak ketiga Third partiesRupiah 922.618.410.302 928.099.235.490 RupiahMata uang asing 2.547.601.206.693 1.908.806.810.049 Foreign currencies

Jumlah Giro 3.470.219.616.995 2.836.906.045.539 Total Demand Deposits

Tingkat bunga efektif rata-rata Average annual effective per tahun interest rates

Rupiah 0,671% 0,683% Rupiah Mata uang asing 0,035% 0,046% Foreign currency

Pada tanggal 31 Desember 2013 dan 2012 tidak terdapat giro yang dijadikan jaminan kredit.

As of December 31, 2013 and 2012 there is no demand deposit pledged as loan collateral.





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b. Tabungan terdiri dari:

b. Savings deposits consist of:

2013 2012Rp Rp

Rupiah RupiahPihak berelasi 216.924.292 96.546.035 Related partiesPihak ketiga 1.367.473.051 1.275.991.003 Third parties

Jumlah Tabungan 1.584.397.343 1.372.537.038 Total Savings Deposits

Tingkat bunga efektif rata-rata Average annual effective per tahun 5,60% 4,87% interest rates

c. Deposito berjangka terdiri dari:

c. Time deposits consist of:

2013 2012Rp Rp

Pihak ketiga Third partiesRupiah 1.806.574.450.430 1.746.981.154.105 RupiahMata uang asing 1.502.045.166.130 848.156.494.127 Foreign currencies

Jumlah 3.308.619.616.560 2.595.137.648.232 Total

Tingkat bunga efektif rata-rata Average annual effective per tahun interest rates

Deposito berjangka Time depositRupiah 5,67% 5,38% RupiahMata uang asing 0,31% 0,34% Foreign currency

Deposito on call Deposit on callRupiah 5,54% 5,38% RupiahMata uang asing 0,12% 0,22% Foreign currency

Deposito berjangka berdasarkan jangka waktu adalah sebagai berikut:

Time deposits classified according to term are as follows:

Mata uang asing/Rupiah Foreign currencies Jumlah/Total

Rp Rp Rp

1 bulan 819.192.823.088 398.794.180.904 1.217.987.003.992 1 month> 1 - 3 bulan 869.189.615.494 906.500.863.872 1.775.690.479.366 > 1 - 3 months> 3 - 6 bulan 43.538.891.008 131.904.107.414 175.442.998.422 > 3 - 6 months> 6 - 12 bulan 74.653.120.840 64.846.013.940 139.499.134.780 > 6 - 12 months

Jumlah 1.806.574.450.430 1.502.045.166.130 3.308.619.616.560 Total

2013

Mata uang asing/Rupiah Foreign currencies Jumlah/Total

Rp Rp Rp

1 bulan 1.448.606.631.800 699.108.978.640 2.147.715.610.440 1 month> 1 - 3 bulan 203.044.673.430 138.828.015.870 341.872.689.300 > 1 - 3 months> 3 - 6 bulan 89.719.650.746 8.578.104.170 98.297.754.916 > 3 - 6 months> 6 - 12 bulan 5.610.198.129 1.641.395.447 7.251.593.576 > 6 - 12 months

Jumlah 1.746.981.154.105 848.156.494.127 2.595.137.648.232 Total

2012

Deposito berjangka yang dijadikan jaminan kredit sebesar Rp 239.365.715.716 dan USD 10.299.684 pada tanggal 31 Desember 2013 dan Rp 46.036.650.600, USD 3.576.888 dan JPY 10.000.000 pada tanggal 31 Desember 2012.

Time deposits used as collateral for loans granted amounted to Rp 239,365,715,716 and USD 10,299,684 as of December 31, 2013 and Rp 46,036,650,600, USD 3,576,888 and JPY 10,000,000 as of December 31, 2012.





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Nilai tercatat pada biaya perolehan diamortisasi dari simpanan adalah sebagai berikut:

Carrying amount at amortized cost of the deposits are as follow:

2013 2012Rp Rp

Simpanan DepositsGiro 3.470.219.616.995 2.836.906.045.539 Demand depositsTabungan 1.584.397.343 1.372.537.038 Saving depositsDeposito berjangka 3.308.619.616.560 2.595.137.648.232 Time depositsSubjumlah 6.780.423.630.898 5.433.416.230.809 Subtotal

Beban bunga masih harus dibayar Accrued interest expenseGiro 17.057 12.567 Demand depositsTabungan 360.735 423.475 Saving depositsDeposito berjangka 6.736.655.302 5.065.432.561 Time depositsSubjumlah 6.737.033.094 5.065.868.603 Subtotal

Jumlah 6.787.160.663.992 5.438.482.099.412 Total

18. SIMPANAN DARI BANK LAIN 18. DEPOSITS FROM OTHER BANKS

Simpanan dari bank lain terdiri dari:

Deposits from other banks consist of:

2013 2012Rp Rp

Pihak berelasi Related partiesRupiah Rupiah

Giro 1.320.269.585 520.018.785 Demand deposits

Mata uang asing Foreign currenciesCall money - 96.380.000.000 Call money



Call money - 751.000.000.000 Call money Mata uang asing Foreign currencies

Call money 365.100.000.000 - Call money


Jumlah 366.420.269.585 847.900.018.785 Total

Jangka waktu TermCall money Call money

Rupiah - 39 hari/days RupiahMata uang asing 31-94 hari/days 7 hari/days Foreign currencies

Tingkat bunga efektif rata-rata Average annual effective per tahun interest ratesRupiah - 5,25% RupiahMata uang asing 0,67% 0,60% Foreign currencies





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Nilai tercatat pada biaya perolehan diamortisasi dari simpanan dari bank lain adalah sebagai berikut:

Carrying amount at amortized cost of the deposits from other banks are as follow:

2013 2012Rp Rp

Simpanan dari Bank lain 366.420.269.585 847.900.018.785 Deposit from other BanksBeban bunga masih harus dibayar 106.741.001 1.345.448.302 Accrued interest expense

Jumlah 366.527.010.586 849.245.467.087 Total

19. SURAT BERHARGA YANG DITERBITKAN

19. SECURITIES ISSUED

2013 2012Rp Rp

Hasil emisi ProceedsMedium Term Note III (MTN III) - 300.000.000.000 Medium Term Note III (MTN III)Medium Term Note IV (MTN IV) 300.000.000.000 300.000.000.000 Medium Term Note IV (MTN IV)Medium Term Note V (MTN V) 150.000.000.000 - Medium Term Note V (MTN V)

Jumlah 450.000.000.000 600.000.000.000 TotalBiaya emisi yang belum Unamortized issuance

diamortisasi (1.846.550.468) (2.611.837.271) cost

Bersih 448.153.449.532 597.388.162.729 Net

Pada tanggal 8 Desember 2010, Bank telah menerbitkan dan menawarkan secara terbatas surat berharga dalam bentuk MTN III sebesar Rp 300 miliar dengan jangka waktu 3 tahun yang akan jatuh tempo pada tanggal 9 Desember 2013. Tingkat suku bunga tetap 10,5% per tahun yang akan dibayarkan setiap 6 bulan. MTN III telah dilunasi oleh Bank pada tanggal 9 Desember 2013.

On December 8, 2010, the Bank issued MTN III amounting to Rp 300 billion with a term of 3 years maturing on December 9, 2013. MTN III bears a fixed interest rate of 10.50% per annum, payable semi-annually. MTN III has been fully paid by the Bank at December 9, 2013.

Pada tanggal 25 Juli 2012, Bank telah menerbitkan dan menawarkan secara terbatas surat berharga dalam bentuk MTN IV sebesar Rp 300 miliar dengan jangka waktu 3 tahun yang akan jatuh tempo pada tanggal 25 Juli 2015. Tingkat suku bunga tetap sebesar 8,75% per tahun yang akan dibayarkan setiap 6 bulan.

On July 25, 2012, the Bank issued MTN IV amounting to Rp 300 billion with a term of 3 years maturing on July 25, 2015. MTN IV bears a fixed interest rate of 8.75% per annum, payable semi-annually.

Pada tanggal 12 November 2013, Bank telah menerbitkan dan menawarkan secara terbatas surat berharga dalam bentuk MTN V sebesar Rp 150 miliar dengan jangka waktu 3 tahun yang akan jatuh tempo pada tanggal 12 November 2016. Tingkat suku bunga tetap sebesar 10,65% per tahun yang akan dibayarkan setiap 6 bulan dimulai pada 12 Mei 2014. Pokok akan dibayarkan pada saat MTN jatuh tempo.

On November 12, 2013, the Bank issued MTN V amounting to Rp 150 billion with a term of 3 years maturing on November 12, 2016. MTN V bears a fixed interest rate of 10.65% per annum, payable semi-annually starting on May 12, 2014. Principals will be paid when the MTN is mature.

Penerbitan MTN III, IV, dan V tersebut telah didaftarkan di PT. Kustodian Sentral Efek Indonesia (KSEI) yang bertindak juga sebagai agen pembayaran bunga dan pokok.

MTN III, IV, and V are registered with PT. Kustodian Sentral Efek Indonesia (KSEI) which also acts as the payment agency for interest and principal payments.





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Berdasarkan perjanjian dengan agen pembayaran, Bank wajib menyediakan dana pada rekening yang disetujui oleh agen pembayaran selambat-lambatnya satu (1) hari bursa sebelum tanggal pembayaran bunga dan atau pelunasan pokok.

Based on the agreement with the payment agency, the Bank is obliged to maintain funds in a bank account previously approved by the payment agent not later than one (1) trading day prior to the interest or principal payment date.

Bank telah memenuhi semua pembatasan yang diwajibkan serta pembayaran bunga dan nominal MTN melalui KSEI sesuai jadwal.

The Bank has complied with all covenants, paid the interest and principal of the MTN through KSEI as scheduled.

Amortisasi biaya penerbitan surat berharga sebesar Rp 1.914.786.802 dan Rp 1.547.728.966 masing-masing pada tanggal 31 Desember 2013 dan 2012, termasuk dalam beban bunga.

The amortization of issuance cost amounted to Rp 1,914,786,802 and Rp 1,547,728,966 as of December 31, 2013 and 2012, respectively, were included in interest expense.

Nilai tercatat pada biaya perolehan diamortisasi dari surat berharga yang diterbitkan adalah sebagai berikut:

Carrying amount at amortized cost of the securities issued are as follow:

2013 2012Rp Rp

Surat berharga yang diterbitkan 448.153.449.532 597.388.162.729 Securities issuedBeban bunga masih harus dibayar 13.549.375.000 13.387.500.000 Accrued interest expense

Jumlah 461.702.824.532 610.775.662.729 Total

20. UTANG PAJAK

Akun ini terdiri dari:

20. TAXES PAYABLE This account consists of:

2013 2012Rp Rp

Bank The BankPajak penghasilan badan Corporate income tax

(Catatan 32) 16.257.873.050 15.602.034.750 (Note 32)Pajak penghasilan Income taxes

Pasal 4 (2) - final 5.323.571.123 1.599.224.965 Article 4 (2) - finalPasal 21 2.004.315.853 900.921.886 Article 21Pasal 22 - 380.920.000 Article 22Pasal 26 405.206.498 122.829.868 Article 26Pajak pertambahan nilai - bersih 699.551 325.000 Value added tax - net


Entitas anak SubsidiaryPajak penghasilan badan Corporate income tax

(Catatan 32) 376.818.694 1.141.883 (Note 32)Pajak penghasilan Income taxes

Pasal 21 102.061.562 23.967.166 Article 21Pasal 23 2.375.669 4.587.994 Article 23

Sub Jumlah 481.255.925 29.697.043 Sub total

Jumlah 24.472.922.000 18.635.953.512 Total





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21. PINJAMAN YANG DITERIMA 21. BORROWINGS

2013 2012Rp Rp

Pihak berelasi Related partiesBank The Bank

Dollar Amerika Serikat U.S. DollarResona Bank, Ltd, Tokyo Resona Bank, Ltd. Tokyo

(US$ 175.000.000 tahun 2013 dan (US$ 175,000,000 in 2013 and US$ 90.000.000 tahun 2012) 2.129.750.000.000 867.420.000.000 US$ 90,000,000 in 2012)

Bank of East Asia, Hongkong Bank of East Asia, Hongkong(US$ 30.000.000 tahun 2013 (US$ 30,000,000 in 2013 dan 2012) 365.100.000.000 289.140.000.000 and in 2012)

Entitas anak SubsidiaryDollar Amerika Serikat U.S. Dollar

Resona Bank, Ltd, Tokyo Resona Bank, Ltd. Tokyo (US$ 18.200.000 tahun 2013 dan (US$ 18,200,000 in 2013 and US$ 16.200.000 tahun 2012) 221.494.000.000 156.135.600.000 US$ 16,200,000 in 2012)

Yen Jepang Japanese Yen Resona Bank, Ltd, Tokyo Resona Bank, Ltd. Tokyo

(JPY JPY 110.000.000 tahun 2013 (JPY 110,000,000 in 2013 anddan JPY 210.000.000 tahun 2012) 12.732.500.000 23.471.700.000 JPY 210,000,000 in 2012)

Sub jumlah 2.729.076.500.000 1.336.167.300.000 Sub total

Pihak ketiga Third partiesBank The Bank

Rupiah RupiahCIMB Niaga Bank, Jakarta - 300.000.000.000 CIMB Niaga Bank, JakartaOCBC - NISP Bank, Jakarta 250.000.000.000 250.000.000.000 OCBC - NISP Bank, JakartaBank Central Asia 200.000.000.000 - Bank Central Asia

Dollar Amerika Serikat U.S. DollarSumitomo Mitsui Trust Bank, Ltd, Sumitomo Mitsui Trust Bank, Ltd,

Singapura (US$ 40.000.000 tahun 2013 Singapore (US$ 40,000,000 in 2013dan US$ 60.000.000 tahun 2012) 486.800.000.000 578.280.000.000 and US$ 60,000,000 in 2012)

The Japan Bank for International The Japan Bank for InternationalCooperation (US$ 8.677.500 tahun 2013 Cooperation (US$ 8,677,500dan US$ 13.675.000 tahun 2012) 105.605.175.000 131.799.650.000 in 2013 and US$ 13,675,000 in 2012)

Yen Jepang Japanese Yen The Japan Bank for International The Japan Bank for International

Cooperation (JPY 23.160.000 Cooperation (JPY 23,160,000tahun 2013 dan JPY 94.025.000 in 2013 and JPY 94,025,000tahun 2012) 2.680.770.000 10.509.174.250 in 2012)

Entitas anak SubsidiaryDollar Amerika Serikat U.S. Dollar

Sumitomo Mitsui Trust Bank, Ltd, Sumitomo Mitsui Trust Bank, Ltd,Singapura (US$ 5.000.000 Singapore (US$ 5,000,000 in 2013tahun 2013 dan 2012) 60.850.000.000 48.190.000.000 and 2012)

Sub jumlah 1.105.935.945.000 1.318.778.824.250 Sub total

Jumlah 3.835.012.445.000 2.654.946.124.250 Total

Nilai tercatat pada biaya perolehan diamortisasi dari pinjaman yang diterima adalah sebagai berikut:

Carrying amount at amortized cost of borrowings received as follows:

2013 2012Rp Rp

Utang bank 3.835.012.445.000 2.654.946.124.250 Bank loanBeban bunga masih harus dibayar 20.558.195.279 15.999.630.464 Accrued interest expense

Jumlah 3.855.570.640.279 2.670.945.754.714 Total





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a. Resona Bank, Ltd., Tokyo

Bank Sampai dengan tanggal 31 Desember 2013, Bank memperoleh lima fasilitas pinjaman revolving dan multicurrency revolving tanpa jaminan dari Resona Bank, Ltd., Tokyo untuk pembiayaan modal kerja yang diperlukan oleh Bank.

a. Resona Bank, Ltd., Tokyo

The Bank As of December 31, 2013, there are five unsecured revolving and multicurrency revolving credit facilities obtained from Resona Bank, Ltd., Tokyo for the purpose of financing the general working capital requirements of the Bank.

Pada tanggal 28 April 1992, Bank memperoleh fasilitas pinjaman jumlah maksimum pinjaman sebesar US$ 220.000.000 dari Resona Bank, Ltd., cabang Singapura. Penarikan fasilitas kredit ini dapat dilakukan dalam tiga jenis mata uang termasuk di dalamnya Dollar Amerika Serikat.

On April 28, 1992, the Bank was granted credit facility from Resona Bank, Ltd., Singapore branch with a maximum credit limit of US$ 220,000,000. The drawdown could be made in three currencies including United States Dollars.

Sejak akhir September 1999, Resona Bank, Ltd., cabang Singapura berubah fungsi menjadi kantor representatif sehingga fasilitas dialihkan kepada Resona Bank Ltd., Tokyo. Berdasarkan perjanjian tambahan terakhir pada tanggal 31 Maret 2009, fasilitas pinjaman diperpanjang sampai tanggal 31 Maret 2014 dengan jumlah maksimum sebesar US$ 45.000.000 dengan tingkat bunga per tahun sebesar cost of fund + 0,60%. Jangka waktu fasilitas pinjaman ini adalah 60 bulan dan dapat diperpanjang pada saat jatuh tempo tergantung kesepakatan bersama. Saldo per 31 Desember 2013 dan 2012 masing-masing adalah nihil.

Since the end of September 1999, Resona Bank, Ltd., Singapore Branch has changed its function to a representative office, therefore, the credit facility was transferred to Resona Bank, Ltd., Tokyo. Based on the latest addendum of the agreement dated March 31, 2009, this credit facility was extended to March 31, 2014 with maximum credit of US$ 45,000,000 subject to interest rate computed as cost of fund + 0.60% per annum. The credit facility has a term of 60 months and can be extended upon maturity subject to approval. Outstanding loans as of December 31, 2013 and 2012, are nil, respectively.

Pada tanggal 30 April 2006, Bank

memperoleh fasilitas pinjaman dari Resona Bank, Ltd., Tokyo dan telah mengalami perubahan pada tanggal 30 Nopember 2007. Perubahan fasilitas pinjaman adalah jumlah maksimum pinjaman menjadi sebesar US$ 80.000.000, jangka waktu 60 bulan dan bunga per tahun sebesar SIBOR + 0,60%. Pada tanggal 28 April 2011, Bank dan Resona Bank Ltd., Tokyo setuju untuk memperpanjang jatuh tempo pinjaman sampai dengan tanggal 30 April 2016 dengan jumlah maksimum sebesar US$ 80.000.000 dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Saldo per 31 Desember 2013 dan 2012 masing-masing sebesar US$ 40.000.000 dan US$ 30.000.000.

On April 30, 2006, the Bank was granted credit facility from Resona Bank Ltd., Tokyo which was amended on November 30, 2007. The amended credit facility has a maximum credit of US$ 80,000,000 with a term of 60 months and subject to interest rate computed as SIBOR + 0.60% per annum. On April 28, 2011, the Bank and Resona Bank Ltd., Tokyo agreed to extend this facility to April 30, 2016 with maximum amount of US$ 80,000,000 subject to interest rate computed as cost of fund + 0.60% per annum. Loan balance as of December 31, 2013 and 2012 amounted to US$ 40,000,000 and US$ 30,000,000, respectively.

Pada tanggal 31 Juli 2008, Bank memperoleh fasilitas pinjaman dengan nilai maksimum sebesar US$ 20.000.000. Fasilitas pinjaman ini mempunyai jangka waktu 60 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Sampai dengan tanggal 31 Desember 2013, fasilitas pinjaman ini belum dipergunakan.

On July 31, 2008, the Bank was granted credit facility for maximum amount of US$ 20,000,000. The credit facility, which has a term of 60 months, bears an interest rate determined as cost of fund + 0.60% per annum. Up to December 31, 2013, this facility has not been utilized.





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Pada tanggal 26 April 2011, Bank memperoleh fasilitas pinjaman dengan nilai maksimum sebesar US$ 75.000.000. Fasilitas pinjaman ini mempunyai jangka waktu 13 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Pada tanggal 15 Agustus 2013, Bank dan Resona Bank Ltd., Tokyo setuju untuk memperpanjang jatuh tempo pinjaman sampai dengan tanggal 25 Agustus 2014. Saldo per 31 Desember 2013 dan 2012 masing-masing sebesar US$ 75.000.000 dan US$ 60.000.000.

On April 26, 2011, the Bank was granted credit facility for maximum amount of US$ 75,000,000. The credit facility, which has a term of 13 months, bears an interest rate determined as cost of fund + 0.60% per annum. On August 15, 2013, the Bank and Resona Bank Ltd., Tokyo agreed to extended this facility to August 25, 2014. Loan balance as of December 31, 2013 and 2012 amounted to US$ 75,000,000 and US$ 60,000,000, respectively.

Pada tanggal 14 Agustus 2012, Bank

memperoleh fasilitas pinjaman dengan nilai maksimum sebesar US$ 60.000.000. Fasilitas ini mempunyai jangka waktu 60 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Saldo per 31 Desember 2013 dan 2012, masing-masing sebesar US$ 60.000.000 dan nihil.

On August 14, 2012, the Bank was granted credit facility for maximum amount of US$ 60,000,000. The credit facility, which has a term of 60 monhts, bears an interest rate determined as cost of fund + 0.60% per annum. Loan balance as of December 31, 2013 and 2012 amounted to US$ 60,000,000 and nil, respectively.

Seluruh saldo pinjaman dan bunga yang masih harus dibayar dari fasilitas pinjaman Resona Bank, Ltd., Tokyo akan dibayar pada saat jatuh tempo dalam mata uang yang sama dengan mata uang pinjaman.

All outstanding loans drawn and interest accrued from the credit facilities obtained from Resona Bank Ltd., Tokyo shall be paid at maturity in the same currency in which the loan was denominated.

Entitas anak The subsidiary Pada tanggal 12 Juli 2006, entitas anak dan Resona Bank Ltd, Jepang, melakukan perubahan perjanjian kredit untuk mengubah tiga fasilitas yang bersaldo (US$ 3.300.000, US$ 3.000.000 dan US$ 5.000.000) menjadi fasilitas kredit non committed and unsecured revolving dengan plafond US$ 11.300.000 yang tujuannya untuk modal kerja entitas anak di luar Jepang.

On July 12, 2006, the subsidiary and Resona Bank Ltd, Japan, entered into amendment of loan agreement to convert three outstanding facilities (US$ 3,300,000, US$ 3,000,000 and US$ 5,000,000) into a non-committed and unsecured revolving credit facility of up to US$ 11,300,000 which is to be used for general working capital of the subsidiary outside Japan.

Tingkat suku bunga yang dikenakan adalah Resona Bank Ltd’s interbank rate + 0,8% pertahun dan jatuh tempo pada 31 Agustus 2008. Pada tanggal 31 Agustus 2008, entitas anak dan Resona Bank Ltd setuju untuk memperpanjang jatuh tempo pinjaman dan setelah itu telah diperpanjang beberapa kali, yang terakhir, pada tanggal 30 Maret 2012 yang memperpanjang jangka waktu jatuh tempo menjadi 31 Maret 2014.

The interest rate is the Resona Bank Ltd’s interbank rate + 0.8% per annum with a maturity date of August 31, 2008. On August 31, 2008, the subsidiary and Resona Bank Ltd agreed to extend this facility and subsequently has been extended several times, the latest extension, in March 30, 2012 which extend the maturity term to March 31, 2014.

Pada tanggal 30 Maret 2012, entitas anak dan Resona Bank Ltd setuju untuk meningkatkan plafond fasilitas kredit menjadi US$ 28.300.000.

On March 30, 2012, the subsidiary and Resona Bank Ltd agreed on the increase of such credit facility to US$ 28,300,000.

Saldo pinjaman sebesar US$ 18.200.000 dan JPY 110.000.000 per 31 Desember 2013 dan US$ 16.200.000 dan JPY 210.000.000 per 31 Desember 2012.

The outstanding loan balance amounted to US$ 18,200,000 and JPY 110,000,000 as of December 31, 2013 and US$ 16,200,000 and JPY 210,000,000 as of December 31, 2012.

b. Bank of East Asia, Hongkong b. Bank of East Asia, Hongkong

Pada tanggal 17 Januari 2011, Bank memperoleh fasilitas pinjaman sebesar US$ 30.000.000 yang digunakan untuk modal kerja. Jangka waktu fasilitas ini terhitung 13 bulan dari saat penarikan. Fasilitas pinjaman ini dikenakan tingkat suku bunga LIBOR+1,25% per tahun.

On January 17, 2011, the Bank was granted a US$ 30,000,000 loan facility for working capital purposes. The time period for this facility is 13 months from the drawdown date. The credit facility bears interest rate of LIBOR+1.25% per annum.





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Pada tanggal 17 Pebruari 2012, Bank dan Bank of East Asia, Hongkong setuju untuk memperbaharui fasilitas pinjaman sebesar US$ 30.000.000 yang digunakan untuk modal kerja. Jangka waktu fasilitas ini adalah 13 bulan terhitung mulai tanggal 27 Pebruari 2012. Fasilitas pinjaman ini dikenakan tingkat suku bunga LIBOR+1,75% per tahun. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2012.

On February 17, 2012, the Bank and Bank of East Asia, Hongkong agreed to renew the loan facility into US$ 30,000,000 for working capital purposes. The time period for this facility is 13 months from February 27, 2012. The credit facility bears interest rate of LIBOR+1.75% per annum. This credit facility has been fully drawn as of December 31, 2012.

Pada tanggal 25 Maret 2013, Bank dan Bank of East Asia, Hongkong setuju untuk memperbaharui jangka waktu pinjaman tersebut diatas menjadi 13 bulan terhitung mulai tanggal 27 Maret 2013 fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2013.

On March 25, 2013, the Bank and Bank of East Asia, Hongkong agreed to renew the time period of the above facility to 13 months from March 27, 2013. This credit facility has been fully drawn as fo December 31, 2013.

c. Sumitomo Mitsui Trust Bank, Limited,

Singapura

c. Sumitomo Mitsui Trust Bank, Limited, Singapore

Bank The Bank

Bank memperoleh dua fasilitas pinjaman dari Sumitomo Mitsui Trust Bank Limited, sebagai berikut:

The Bank obtained two outstanding loan facilities from Sumitomo Mitsui Trust Bank Limited as follows:

Pada tanggal 20 September 2007, Bank

memperoleh fasilitas pinjaman sebesar USD 20.000.000 untuk jangka waktu 6 tahun. Fasilitas ini telah mengalami beberapa kali perubahan terakhir pada tanggal 29 Mei 2013, yang memperpanjang jangka waktu pinjaman sampai dengan tanggal 31 Mei 2016. Fasilitas ini mempunyai tingkat bunga mengambang cost of funds+1,50% per tahun. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2013 dan 2012.

On September 20, 2007, the Bank was granted a USD 20,000,000 loan facility for a term of 6 years.This facility was amended several times, the latest on May 29, 2013 which extend the term of loan to May 31, 2016. The facility bears floating interest rate at cost of funds+1.50% per annum. This credit facility is fully drawn as of December 31, 2013 and 2012.

Pada tanggal 1 September 2008, Bank

memperolah fasilitas pinjaman sebesar USD 20.000.000 untuk jangka waktu 6 tahun. Fasilitas pinjaman ini dikenakan tingkat bunga cost of fund + 1,50% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo, sementara bunga akan dibayarkan setiap setengah tahun. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2013 dan 2012.

On September 1, 2008, the Bank acquired another USD 20,000,000 loan facility for a term of 6 years. The credit facility bears interest at cost of fund+1.50% per annum. The loan principal is payable on maturity while interest is payable semi-annually. This credit facility is fully drawn as of December 31, 2013 and 2012.





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Pada tanggal 30 September 2011, Bank memperoleh fasilitas term loan dan revolving credit, dengan total fasilitas sebesar USD 20.000.000 untuk jangka waktu 3 tahun. Fasilitas ini telah mengalami perubahan terakhir pada tanggal 28 September 2012, yang memperpanjang jangka waktu pinjaman sampai dengan 30 September 2013. Fasilitas pinjaman ini dikenakan tingkat suku bunga cost of fund + 1,65%. Pokok pinjaman akan dibayarkan pada saat jatuh tempo, sementara bunga akan dibayarkan setiap setengah tahun. Fasilitas pinjaman ini telah jatuh tempo dan telah dibayar penuh pada tanggal 30 Desember 2013.

On September 30, 2011, the Bank obtained a 3 years term loan and revolving credit facility with total facility amounting to USD 20,000,000. This facility was amended on September 28, 2012 and expires on September 30, 2013. The credit facility bears interest at cost of fund + 1.65% per annum. The loan principal is payable on maturity while interest is payable semi-annually. The credit facility has been matured and fully paid as of December 30, 2013.

Entitas Anak

The Subsidiary

Pada tanggal 23 Juli 2010, entitas anak melakukan perjanjian kredit dengan Sumitomo Mitsui Trust Bank Ltd dengan plafond USD 3.000.000, yang digunakan untuk modal kerja. Tingkat suku bunga per tahun adalah margin of 2,25% interbank market.

On July 23, 2010, the subsidiary entered into loan agreement with Sumitomo Mitsui Trust Bank Ltd for a credit facility up to USD 3,000,000, to be used for general working capital. The interest rate per annum is margin of 2.25% interbank market.

Pada tanggal 31 Juli 2013, entitas anak dan Sumitomo Mitsui Trust Bank Ltd, Singapura setuju untuk meningkatkan plafond fasilitas kredit menjadi USD 5.000.000. Tingkat suku bunga per tahun adalah cost of fund + 1,50%. Perjanjian ini telah diperpanjang beberapa kali, yang terakhir diperpanjang sampai dengan tanggal 31 Oktober 2014 melalui Perubahan Perjanjian Kredit tanggal 23 Juli 2013.

On July 31, 2013, subsidiary and Sumitomo Mitsui Trust Bank Ltd, Singapore agreed on the increase such credit facility to USD 5,000,000. The interest rate per annum is cost of fund + 1.50%. This agreement has been extended several times, the latest was extended until October 31, 2014, through Credit Facility Amendment dated July 23, 2013.

Saldo pinjaman sebesar US$ 5.000.000 per 31 Desember 2013 dan 2012.

The outstanding loan balance amounted to US$ 5,000,000 as of December 31, 2013 and 2012.

d. The Japan Bank for International

Cooperation (JBIC)

Pada tanggal 31 Desember 2013, terdapat fasilitas pinjaman two-step yang diperoleh dari JBIC dengan rincian sebagai berikut:

d. The Japan Bank for International Cooperation (JBIC)

As of December 31, 2013, the outstanding two-step loan facilities acquired from JBIC are as follows:

1. Fasilitas pinjaman dengan tujuan

pembiayaan, dengan penyaluran kredit kepada perusahaan Jepang.

1. Loan facilities for the purpose of financing, by way of lending to Japanese corporations:

Pada tanggal 28 Maret 2007, Bank memperoleh fasilitas sebesar JPY 500.000.000 dengan tingkat bunga yang ditentukan sebagai berikut: Untuk perusahaan Jepang yang

berskala kecil dan menengah dan perusahaan berskala besar yang ditentukan oleh JBIC sebagai perusahaan yang memberikan kontribusi bagi pengembangan lingkungan, tingkat suku bunga adalah base rate atau floor rate, mana yang lebih tinggi.

Untuk perusahan Jepang berskala besar tingkat suku bunga sebesar base rate + 0,15% per tahun atau floor rate, mana yang lebih tinggi.

On March 28, 2007, the Bank obtained a JPY 500,000,000 facility which bears an interest rate determined as follows:

For small and medium sized

Japanese corporations and non-small and medium sized Japanese corporations determined by JBIC in its sole discretion as contributing to environmental improvement, the interest rate is at base rate or floor rate whichever is higher.

For other non-small and medium sized Japanese corporations - base rate + 0.15% per annum or floor rate, whichever is higher;





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Saldo pinjaman per 31 Desember 2013 dan 2012 masing-masing sebesar nihil dan JPY 16.625.000. Fasilitas pinjaman ini telah dilunasi seluruhnya pada tanggal 4 Januari 2013.

The loan balance outstanding as of December 31, 2013 and 2012 amounted to nil and JPY 16,625,000, respectively. The credit facility has been fully paid as of January 4, 2013.

Pada tanggal 28 Maret 2007, Bank memperoleh fasilitas pinjaman sebesar USD 20.000.000 dari JBIC dengan penentuan tingkat bunga sebagai berikut: Untuk perusahaan Jepang

berskala kecil dan menengah dengan tingkat bunga LIBOR – 0,3125% per tahun;

Untuk perusahaan Jepang

berskala besar telah ditentukan oleh JBIC sebagai perusahaan yang memberikan kontribusi bagi pengembangan lingkungan berlaku bunga LIBOR; dan

Untuk perusahan Jepang berskala

besar berlaku tingkat bunga LIBOR+0,125% per tahun

Tanggal akhir pembayaran kembali adalah 3 April 2013. Fasilitas pinjaman ini telah dilunasi pada tanggal 4 Januari 2013 Saldo per tanggal 31 Desember 2013 dan 2012 masing-masing sebesar nihil dan USD 1.153.500.

On March 28, 2007, the Bank obtained a credit facility amounting to USD 20,000,000 from JBIC which is subject to the following interest rates: For small and medium sized

Japanese corporations with interest rate at LIBOR - 0.3125%, per annum;

For non-small and medium sized

Japanese corporations determined by JBIC in its sole discretion as entities that have contribution to environment improvement will bear interest at LIBOR rate; and

For non-small and medium sized

Japanese corporations - LIBOR+0.125% per annum.

The final repayment date is on April 3, 2013. The credit facility has been paid on January 4, 2013.

Loan balance outstanding as of December 31, 2013 and 2012 amounted to nil and USD 1,153,500, respectively.

2. Fasilitas pinjaman dengan tujuan pembiayaan, dengan cara sub-pinjaman, kebutuhan dana jangka panjang untuk investasi, dan/atau modal jangka panjang dari sub-peminjam:

2. Loan facilities for the sole purpose of financing, by way of sub-loan, long-term fund requirements for investments and/or long-term capital of sub-borrowers:

Pada tanggal 30 Maret 2009, Bank

memperoleh fasilitas sebesar JPY 250.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:

On March 30, 2009, the Bank obtained a JPY 250,000,000 facility which bears an interest rate determined as follows:

Untuk sub-peminjam dimana pemegang saham utamanya adalah perusahaan kecil dan menengah - base rate atau floor rate, yang mana yang lebih tinggi.

For sub-borrowers whose principal equityholder is small and medium sized corporations - base rate or floor rate, whichever is higher.

Untuk sub-peminjam dimana pemegang saham utamanya adalah bukan perusahaan kecil dan menengah - base rate + 0,04% per tahun atau floor rate + 0,25% per tahun, yang mana yang lebih tinggi.

For sub-borrowers whose principal equityholder is non-small and medium sized corporations - base rate + 0.04% per annum or floor rate + 0.25% per annum, whichever is higher.

Tanggal akhir pembayaran kembali adalah 3 Oktober 2014.

The final repayment date is October 3, 2014.

Saldo per tanggal 31 Desember 2013 dan 2012 masing-masing sebesar JPY 23.160.000 dan JPY 77.400.000.

The loan balance outstanding as of December 31, 2013 and 2012 amounted to JPY 23,160,000 and JPY 77,400,000, respectively.





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Pada tanggal 30 Maret 2009, Bank memperoleh fasilitas sebesar USD 10.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:

On March 30, 2009, the Bank obtained a USD 10,000,000 facility which bears an interest rate determined as follows:

Untuk sub-peminjam dimana

pemegang saham utamanya adalah perusahaan kecil dan menengah,tingkat suku bunga pada floating rate yang berlaku.

For sub-borrowers whose principal equityholder is small and medium sized corporations, the interest is at the applicable floating rate.

Untuk sub-peminjam dimana pemegang saham utamanya adalah bukan perusahaan berskala kecil dan menengah - floating rate yang berlaku pada tingkat + 0.25% per tahun.

For sub-borrowers whose principal equityholder is non-small and medium sized corporations - applicable floating rate + 0.25% per annum.

Tanggal akhir pembayaran kembali adalah 3 Oktober 2015.

The final repayment date is October 3, 2015.

Saldo per tanggal 31 Desember 2013 dan 2012 masing-masing sebesar USD 3.087.500 dan USD 5.244.500.

The loan balance outstanding as of December 31, 2013 and 2012 amounted to USD 3,087,500 and USD 5,244,500, respectively.

Pada tanggal 1 April 2011, Bank memperoleh fasilitas sebesar USD 13.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:

On April 1, 2011, the Bank obtained a USD 13,000,000 facility which bears an interest rate determined as follows:

Untuk sub-peminjam dimana pemegang saham utamanya adalah perusahaan kecil dan menengah, tingkat suku bunga pada floating rate yang berlaku.

For sub-borrowers whose principal equityholder is small and medium sized corporations, the interest is at the applicable floating rate.

Untuk sub-peminjam dimana pemegang saham utamanya adalah bukan Perusahaan berskala kecil dan menengah – applicable rate yang berlaku pada tingkat + 0.25% per tahun.

For sub-borrowers whose principal equityholder is non-small and medium sized corporations - applicable floating rate + 0.25% per annum.

Tanggal akhir pembayaran kembali adalah 3 Januari 2018.

The final repayment date is January 3, 2018.

Saldo per tanggal 31 Desember 2013 dan 2012 adalah sebesar USD 5.590.000 dan USD 7.277.000.

The loan balance outstanding as of December 31, 2013 and 2012 amounted to USD 5,590,000 and USD 7,277,000, respectively.

Pembayaran dari semua fasilitas pinjaman dari JBIC akan diangsur secara triwulanan pada hari ketiga, sementara bunganya dibayarkan setiap tanggal 3 bulan Januari dan Juli, sampai pada saat jatuh tempo.

The payment of all loan facilities from JBIC shall be made quarterly on the third day of the month while interest is payable every third day of January and July, until maturity date.

e. CIMB Bank Niaga, Jakarta

e. CIMB Bank Niaga, Jakarta

Pada tanggal 3 Nopember 2009, Bank memperoleh fasilitas money market sebesar Rp 200 milyar untuk tujuan pendanaan dan modal kerja. Pada tanggal 3 Nopember 2010 pinjaman ini diperpanjang sampai dengan 5 Nopember 2011 dan fasilitas pinjaman dinaikan menjadi Rp 300 miliar. Fasilitas ini telah dilunasi pada 28 Januari 2013. Pada tanggal 30 Oktober 2013 Bank memperpanjang jatuh tempo pinjaman menjadi 5 Nopember 2014, dengan tingkat bunga sebesar 2,6% diatas bunga Sertifikat Bank Indonesia yang berlaku. Sampai dengan tanggal 31 Desember 2013 fasilitas ini belum digunakan oleh Bank.

On November 3, 2009, the Bank was granted a Rp 200 billion money market facility for funding and working capital purposes. On November 3, 2010 the facility was extended to November 5, 2011 and the facility was raised to Rp 300 billion. This credit facility is fully paid on January 28, 2013. On October 30, 2013 the Bank extend the maturity period of the loan to November 5, 2014, with interest rate equal to 2.6% above interest rate of Bank Indonesia Certificate that prevail. As of December 31, 2013, the facility has not yet used by the Bank.





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f. OCBC – NISP Bank, Jakarta

f. OCBC – NISP Bank, Jakarta

Pada tanggal 15 Pebruari 2012, Bank memperoleh fasilitas pinjaman sebesar Rp 250 miliar untuk kepentingan kegiatan usaha. Fasilitas ini tersedia dari 21 Pebruari 2012 sampai dengan 21 Pebruari 2014 dan dikenakan bunga tetap sebesar 8,75% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo sementara bunga dibayarkan setiap 6 bulan. Fasilitas ini telah digunakan secara penuh pada tanggal 31 Desember 2013 dan 2012.

On February 15, 2012, the Bank was granted a Rp 250 billion term loan facility for operational purposes. The credit facility is available from February 21, 2012 to February 21, 2014 and bears a fixed interest rate of 8.75% per annum. The loan principal is payable on maturity while interest is payable semi-anually. This credit facility is fully drawn as of December 31, 2013 and 2012.

g. Bank Central Asia

g. Bank Central Asia

Pada tanggal 22 Pebruari 2013, Bank memperoleh fasilitas pinjaman sebesar Rp 100 miliar, untuk jangka waktu 12 bulan dengan bunga margin over the JIBOR rate for six months per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo ditambah bunga. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2013.

On February 22, 2013, the Bank was granted a Rp 100 billion loan facility for a term of 12 months. The credit facility bears interest rate of margin over the JIBOR rate for six months per annum. The loan principal is payable on maturity plus interest. This credit facility is fully drawn as of December 31, 2013.

Pada tanggal 11 Oktober 2013, Bank memperoleh fasilitas pinjaman sebesar Rp 100 miliar, untuk jangka waktu 12 bulan dengan bunga margin over the JIBOR rate for one, three and six months period per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo ditambah bunga. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2013.

On October 11, 2013, the Bank was granted a Rp 100 billion loan facility for a term of 12 months. The credit facility bears interest rate of margin over the JIBOR rate for one, three and six months per annum. The loan principal is payable on maturity plus interest. This credit facility is fully drawn as of December 31, 2013.

22. BIAYA MASIH HARUS DIBAYAR

22. ACCRUED EXPENSES

2013 2012Rp Rp

Beban bunga atas: Interest on: Pinjaman yang diterima 20.558.195.279 15.999.630.464 Borrowings Surat berharga yang diterbitkan 13.549.375.000 13.387.500.000 Securities issuedDeposito berjangka 6.736.655.302 5.065.432.561 Time depositsSimpanan dari bank lain 106.741.001 1.345.448.302 Deposits from other banks

Lain-lain 465.734.976 544.762.236 OthersJumlah 41.416.701.558 36.342.773.563 Total

23. LIABILITAS IMBALAN PASCA KERJA

23. POST-EMPLOYMENT BENEFITS OBLIGATION

Bank Bank menghitung imbalan pasca kerja berdasarkan mana yang lebih tinggi antara imbalan berdasarkan Undang-undang Ketenagakerjaan No.13/2003 tanggal 25 Maret 2003 dan imbalan berdasarkan Kesepakatan Kerja antara Bank dan karyawan. Jumlah karyawan yang berhak atas imbalan pasca kerja tersebut pada tanggal 31 Desember 2013 dan 2012 masing-masing adalah 228 dan 220 karyawan.

The Bank The Bank calculates post-employment benefits obligation, whichever is higher between the benefits stated in the Labor Law No. 13/2003 dated March 25, 2003 and benefits under the Collaboration Agreement between the employees and the Bank. The number of employees entitled to the benefits as of December 31, 2013 and 2012 is 228 and 220, respectively.





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Beban imbalan pasca kerja yang diakui di laporan laba rugi komprehensif konsolidasian adalah:

Amounts recognized in the consolidated statement of comprehensive income in respect of the post-employment benefits is as follows:

2013 2012Rp Rp

Biaya jasa kini 7.213.286.131 6.115.020.713 Current service costBiaya bunga 3.681.272.749 3.624.022.304 Interest costAmortisasi kerugian aktuaria 1.384.874.790 1.220.379.771 Amortization of actuarial lossHasil aset program (1.336.653.513) (1.803.097.080) Return on plan assets

Jumlah 10.942.780.157 9.156.325.708 Total

Liabilitas imbalan pasca kerja di laporan posisi keuangan konsolidasian yang muncul dari kewajiban Bank terkait dengan imbalan pasca kerja adalah sebagai berikut:

The amounts included in the consolidated statement of financial position arising from the Bank’s obligation in respect of these post-employment benefits are as follows:

2013 2012Rp Rp

Nilai kini kewajiban 60.529.723.939 70.087.036.409 Present value of obligationNilai wajar aset program (50.651.864.699) (46.206.003.713) Fair value of plan assetsKerugian aktuarial yang belum

diakui (9.877.859.240) (23.881.032.696) Unrecognized actuarial loss

Liabilitas bersih - - Net liability

Mutasi dari nilai kini liabilitas imbalan pasti adalah sebagai berikut:

Movements of present value of past service liability are as follows:

2013 2012Rp Rp

Saldo awal tahun 63.937.665.038 56.205.600.633 Balance at beginning of the yearBiaya bunga 3.681.272.749 3.624.022.304 Interest costBiaya jasa kini 4.195.824.956 3.725.605.581 Current service costKeuntungan yang dibayarkan (7.506.490.441) (3.005.530.993) Benefit paidKerugian (keuntungan) aktuaria (12.720.484.968) 3.387.967.513 Actuarial loss (gain)

Saldo akhir 51.587.787.334 63.937.665.038 Ending balanceBiaya untuk direktur/tenaga kerja

asing 8.941.936.605 6.149.371.371 Accrual for Director/Expatriate

Jumlah 60.529.723.939 70.087.036.409 Total

Bank menyiapkan dana untuk pembayaran imbalan pasca kerja bagi karyawannya. Dana tersebut ditempatkan dalam kontrak asuransi jiwa dengan Allianz Life Indonesia. Dalam kontrak, asuransi jiwa berfungsi sebagai administrator dan fund manager, dan tidak mengambil kewajiban atas kecukupan dana untuk membayar klaim aktual. Dana tersebut diinvestasikan terutama dalam deposito berjangka.

The Bank sets up fund for payment of post employment obligation for its employees. The fund is put in a life insurance contract with Allianz Life Indonesia. In the contract, life insurance acts as an administrator and fund manager, and does not take the liability of sufficiency of the fund to pay for actual claim. The fund is invested principally in time deposits.





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Mutasi liabilitas bersih (biaya dibayar di muka) di laporan posisi keuangan konsolidasian adalah sebagai berikut:

Movements in the net liability (prepaid expense) recognized in the consolidated statement of financial position are as follows:

2013 2012Rp Rp

Saldo awal - - Beginning balance Kontribusi atas aset program (10.942.780.157) (9.156.325.708) Contribution to plan assets

Amount charged to statement of Beban tahun berjalan (Catatan 30) 10.942.780.157 9.156.325.708 comprehensive income (Note 30)

Saldo akhir - - Ending balance

Nilai wajar aset program adalah sebagai berikut: Fair value plan assets are as follows:

2013 2012Rp Rp

Nilai wajar aset - awal 46.206.003.713 39.204.047.028 Fair value of assets - beginningKontribusi 10.942.780.157 9.156.325.708 ContributionKeuntungan yang diharapkan 1.336.653.513 1.803.097.080 Expected returnManfaat yang dibayarkan (7.731.386.382) (3.279.049.064) Benefit paymentNilai wajar aset yang diharapkan 50.754.051.001 46.884.420.752 Expected fair value of assetsKerugian dari aset (102.186.302) (678.417.039) Loss from assets

Nilai wajar aset aktual 50.651.864.699 46.206.003.713 Actual fair value of assets

Perhitungan imbalan pasca kerja dihitung oleh aktuaris independen PT Padma Radya Aktuaria. Asumsi utama yang digunakan dalam menentukan penilaian aktuaris adalah sebagai berikut:

The cost of providing post-employment benefits is calculated by an independent actuary, PT Padma Radya Aktuaria. The actuarial valuation was carried out using the following key assumptions:

2013 2012

Tingkat diskonto 8,8% 6,0% Discount rateTingkat kenaikan gaji 9,0% 9,0% Salary increment rateTingkat kematian 100% TMI III 100% TMI III Mortality rate

5% Tingkat kematian/ 5% Tingkat kematian/Tingkat cacat Mortality rate Mortality rate Disability rateTingkat pengunduran diri 6% sampai dengan 6% sampai dengan Resignation rate

usia 30 tahun dan usia 30 tahun dan menurun secara linear menurun secara linear

sampai dengan 0% sampai dengan 0%pada usia 55 tahun/ pada usia 55 tahun/

6% up to age 30 and 6% up to age 30 and reducing linearly to reducing linearly to

0% at age 55 0% at age 55Ekspektasi imbalan hasil investasi 6,0% p.a 6,0% p.a Expected return on investment Historis penyesuaian yang terjadi adalah sebagai berikut:

The history of experience adjustments is as follows:

2013 2012 2011 2010 2009Rp Rp Rp Rp Rp

Nilai kini kewajiban 60.529.723.939 70.087.036.409 60.239.074.943 42.854.684.023 35.250.421.805 Present value of obligation

Penyesuaian liabilitas imbalan 865.175.749 1.553.641.024 (96.692.821) (261.652.013) 1.935.101.161 Experience adjustments on planprogram liabilities





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Entitas Anak Entitas anak menghitung beban dan liabilitas imbalan pasca kerja sesuai dengan Undang-undang Ketenagakerjaan No. 13/2003 tanggal 25 Maret 2003. Jumlah karyawan yang berhak atas imbalan pasca kerja tersebut adalah 9 karyawan pada tanggal 31 Desember 2013 dan 2012.

The Subsidiary The subsidiary calculates post-employment benefits obligation as stated in the Labor Law No. 13/2003 dated March 25, 2003. There are 9 employees entitled to the benefits as of December 31, 2013 and 2012.

Beban imbalan pasca kerja yang diakui di laporan laba rugi komprehensif konsolidasian adalah:

Amounts recognized in the consolidated statement of comprehensive income in respect of the post-employment benefits is as follows:

2013 2012Rp Rp

Biaya jasa kini 26.015.440 30.182.119 Current service costBiaya bunga 18.886.124 17.112.651 Interest costAmortisasi dari biaya jasa lalu Amortization of unrecognized

yang belum direalisasi 48.554 48.554 past service cost Amortisasi kerugian aktuarial 4.723.356 3.370.068 Amortization of actuarial loss

Jumlah 49.673.474 50.713.392 Total

Liabilitas imbalan pasca kerja di laporan posisi keuangan konsolidasian yang muncul dari kewajiban entitas anak terkait dengan imbalan pasca kerja adalah sebagai berikut:

The amounts included in the consolidated statement of financial position arising from the subsidiary’s obligation in respect of these post employment benefits are as follows:

2013 2012Rp Rp

Present value of past serviceNilai kini kewajiban 287.685.062 304.614.903 liabilityBiaya jasa lalu yang belum Unrecognized past service

diakui (639.460) (688.014) costKerugian aktuarial yang belum

diakui (48.402.322) (114.957.083) Unrecognized actuarial loss

Liabilitas bersih 238.643.280 188.969.806 Net liability

Mutasi liabilitas bersih di laporan posisi keuangan konsolidasian adalah sebagai berikut:

Movements in the net liability recognized in the consolidated statement of financial position are as follows:

2013 2012Rp Rp

Saldo awal tahun 188.969.806 138.256.414 Balance at beginning of yearBeban tahun berjalan Amount charged to comprehensive

(Catatan 30) 49.673.474 50.713.392 income (Note 30)

Saldo akhir tahun 238.643.280 188.969.806 Balance at end of year

Mutasi dari nilai kini liabilitas imbalan pasti adalah sebagai berikut:

Movements of present value of past service liability are as follows:

2013 2012Rp Rp

Saldo awal tahun 304.614.903 225.166.459 Balance at beginning of the yearBiaya bunga 18.886.124 17.112.651 Interest costBiaya jasa kini 26.015.440 30.182.119 Current service costKerugian aktuaria (61.831.405) 32.153.674 Actuarial loss

Saldo akhir tahun 287.685.062 304.614.903 Balance at end of year





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Perhitungan imbalan pasca kerja dihitung oleh aktuaris independen PT Binaputera Jaga Hikmah. Asumsi utama yang digunakan dalam menentukan penilaian aktuaris adalah sebagai berikut:

The cost of providing post-employment benefits is calculated by an independent actuary, PT Binaputera Jaga Hikmah. The actuarial valuation was carried out using the following key assumptions:

2013 2012

Tingkat diskonto per tahun 9,1% 6,2% Discount rate per annumTingkat kenaikan gaji 5,0% 5,0% Salary increment rateTingkat kematian 100% TMI2 100% TMI2 Mortality rateTingkat pengunduran diri 10% sampai dengan usia 10% sampai dengan usia Resignation rate

29 tahun dan menurun 29 tahun dan menurun secara linear sampai secara linear sampai dengan 1% pada usia dengan 1% pada usia

di atas 50 tahun/ di atas 50 tahun/10% up to age 29 years 10% up to age 29 years old and reducing linearly old and reducing linearly to 1% at age 50 years to 1% at age 50 years

old and thereafter old and thereafter Historis penyesuaian yang terjadi adalah sebagai berikut:

The history of experience adjustments is as follows:

2013 2012 2011 2010 2009Rp Rp Rp Rp Rp

Nilai kini kewajiban 287.685.062 304.614.903 225.166.459 146.367.292 162.286.607 Present value of obligation

Penyesuaian liabilitas imbalan Experience adjustments on planprogram (83.264.203) 36.803.623 37.160.037 13.338.479 5.029.640 liabilities

24. MODAL SAHAM

Susunan pemegang saham adalah sebagai berikut:

24. CAPITAL STOCK

The composition of stockholders is as follows:

Jumlah Persentase Jumlah ModalSaham/ Pemilikan/ Disetor/

Number of Percentage Total Paid-upPemegang Saham Shares of Ownership Capital Name of Stockholder

% Rp

Resona Bank Limited, Tokyo 1.237.399 43,42 123.739.900.000 Resona Bank Limited, TokyoEast Asia Indonesian East Asia Indonesian

Holdings Limited 855.000 30,00 85.500.000.000 Holdings LimitedVision Well Limited 567.677 19,92 56.767.700.000 Vision Well LimitedJafco Company Limited 144.759 5,08 14.475.900.000 Jafco Company LimitedTuan William Budiman 45.165 1,58 4.516.500.000 Mr. William Budiman

Jumlah 2.850.000 100,00 285.000.000.000 Total

31 Desember/December 31, 2013 dan/and 2012

Sehubungan dengan meninggalnya Tn. William Budiman pada tanggal 31 Januari 2004, berdasarkan Akta Keterangan Mengenai Hak Waris No. 68 tanggal 27 April 2004 dari notaris Inggraini Yamin, S.H., menyatakan bahwa saham-saham Bank milik Tn. William Budiman saat ini dimiliki bersama oleh Koesmiati Sari, Christine Budiman, Andrew Budiman, Jack Budiman dan Wilson Budiman, selaku kuasa dalam menjalankan hak dan wewenang serta melaksanakan liabilitas yang berhubungan dengan saham-saham Bank.

In connection with the death of Mr. William Budiman on January 31, 2004, and based on the Decree of Inherited Rights No. 68 dated April 27, 2004 of Inggraini Yamin, S.H., the shares owned by Mr. William Budiman are now jointly owned by Koesmiati Sari, Christine Budiman, Andrew Budiman, Jack Budiman and Wilson Budiman, the trustees who have the right to execute the activities concerning shares of the Bank.





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25. SELISIH NILAI TRANSAKSI RESTRUKTURISASI ENTITAS SEPENGENDALI

25. DIFFERENCE IN VALUE FROM RESTRUCTURING TRANSACTION AMONG ENTITIES UNDER COMMON CONTROL

Merupakan selisih nilai transaksi dengan jumlah tercatat atas perolehan saham Resona Indonesia Finance dalam rangka restrukturisasi entitas sepengendali.

This account represents the difference in value of restructuring transaction among entities under common control arising from the acquisition of shares of Resona Indonesia Finance.

26. BUNGA YANG DIPEROLEH

26. INTEREST EARNED

2013 2012Rp Rp

Rupiah RupiahKredit 409.630.195.346 426.205.917.688 LoansPenempatan pada Bank Placements with Bank

Indonesia dan bank lain 55.054.006.760 24.235.997.201 Indonesia and other banksSewa pembiayaan 19.139.877.533 19.805.300.281 Finance leases Efek-efek 9.484.554.363 10.286.920.273 SecuritiesAnjak piutang 4.820.276.389 219.084.443 FactoringGiro 1.464.072.195 1.513.941.830 Demand depositsPembiayaan konsumen 100.412.002 171.373.121 Consumer financing

Mata uang asing Foreign currenciesKredit 180.106.353.436 145.131.932.982 LoansSewa pembiayaan 10.559.071.428 10.051.881.894 Finance leases Efek-efek 1.606.465.879 1.104.233.716 SecuritiesPenempatan pada bank lain 1.301.805.565 1.924.547.990 Placements with other banksGiro 215.465.691 200.044.937 Demand deposits

Jumlah 693.482.556.587 640.851.176.356 Total

Untuk tahun-tahun yang berakhir 31 Desember 2013 dan 2012, pendapatan bunga yang diakui dari aset keuangan yang mengalami penurunan nilai adalah masing-masing sebesar Rp 17.631.107.702 dan Rp 6.446.837.963.

For the years ended December 31, 2013 and 2012, interest income recognized from impaired financial assets amounted to Rp 17,631,107,702 and Rp 6,446,837,963, respectively.

27. BUNGA YANG DIBAYAR

27. INTEREST INCURRED

2013 2012Rp Rp

Rupiah RupiahDeposito berjangka 100.754.271.828 105.943.839.243 Time depositsSurat berharga yang diterbitkan 57.911.875.000 42.875.000.000 Securities issuedSimpanan dari bank lain dan Deposits from other banks

pinjaman yang diterima 34.232.841.112 40.236.696.221 and borrowings Giro 6.559.521.544 6.043.023.944 Demand depositsTabungan 77.571.613 64.182.458 Savings deposits

Mata uang asing Foreign currenciesSimpanan dari bank lain dan Deposits from other banks

pinjaman yang diterima 37.632.718.909 35.857.642.709 and borrowings Deposito berjangka 4.316.165.428 3.120.290.076 Time depositsGiro 700.732.873 756.623.864 Demand deposits

Jumlah 242.185.698.307 234.897.298.515 Total

28. PROVISI DAN KOMISI LAINNYA

28. OTHER FEES AND COMMISSIONS

Pendapatan provisi dan komisi lainnya terutama berasal dari pendapatan jasa atas penerbitan bank garansi dan komisi atas transaksi ekspor impor serta jasa pengiriman uang.

Revenues from other fees and commissions mainly consist of service fees on bank guarantees issued and commissions on trade finance transactions and also fee on remittances.





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29. BEBAN CADANGAN KERUGIAN PENURUNAN NILAI

29. PROVISION FOR ALLOWANCE FOR IMPAIRMENT LOSSES

2013 2012Rp Rp

Kredit (Catatan 10) 81.671.039.341 2.138.190.257 Loans (Note 10) Piutang sewa pembiayaan (Catatan 12) (31.153.843) 5.487.926 Finance leases receivable (Note 12) Piutang pembiayaan konsumen (117.609) (521.061) Consumer financing receivables Anjak piutang 7.387.839 (1.136.616) Factoring

Jumlah 81.647.155.728 2.142.020.506 Total

30. BEBAN UMUM DAN ADMINISTRASI 30. GENERAL AND ADMINISTRATIVE EXPENSES

2013 2012Rp Rp

Honorarium tenaga ahli 12.343.973.226 3.482.395.130 Professional feeSewa 11.691.062.102 5.045.347.479 Rent Imbalan pasca kerja (Catatan 23) 10.992.453.631 9.207.039.100 Post-employment benefits (Note 23)Perbaikan dan pemeliharaan 6.023.521.215 6.127.548.662 Repairs and maintenanceSarana informasi 4.943.958.854 3.614.634.299 Information facilityKomunikasi 4.140.787.341 3.055.894.865 CommunicationPendidikan 4.124.061.113 3.336.426.852 TrainingPenyusutan (Catatan 14) 3.844.761.590 6.071.403.595 Depreciation (Note 14)Amortisasi biaya software 3.201.878.454 5.258.161.079 Amortization of software costListrik, air dan gas 2.659.363.456 2.255.943.404 Electricity, water and gasAlat-alat kantor 1.988.303.552 1.959.027.264 Office suppliesAsuransi 1.813.462.397 1.657.765.620 InsurancePromosi dan iklan 1.651.926.159 1.116.503.606 Promotion and advertisementTransportasi 1.538.409.077 1.176.681.626 TransportationRepresentasi 1.073.988.786 623.657.351 RepresentationPajak dan ijin 809.989.155 1.249.393.406 Taxes and licensesKeanggotaan 600.787.762 337.824.382 MembershipLain-lain 10.293.423.709 7.932.875.889 Others

Jumlah 83.736.111.579 63.508.523.609 Total

31. BEBAN TENAGA KERJA 31. PERSONNEL EXPENSES

2013 2012

Rp Rp

Gaji dan upah 52.965.931.399 46.302.330.717 Salaries and wages

Tunjangan karyawan 23.924.095.692 19.967.655.269 Allowances

Kesejahteraan karyawan 4.355.086.689 3.309.120.861 Employee's welfare

Jumlah 81.245.113.780 69.579.106.847 Total

Rincian gaji dan tunjangan atas dewan direksi dan komisaris adalah sebagai berikut:

Details of salaries and benefits of board of directors and commissioners are as follows:

2013 2012Rp Rp

Gaji dan upah 7.459.251.708 5.635.127.989 Salaries and wagesTunjangan karyawan 4.677.027.936 4.192.943.864 AllowancesKesejahteraan karyawan 224.895.941 273.518.071 Employee's welfare

Jumlah 12.361.175.585 10.101.589.924 Total





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32. PAJAK PENGHASILAN

Beban pajak terdiri dari:

32. INCOME TAX

Income tax expense consists of the following:

2013 2012Rp Rp

Pajak kini Current taxBank 73.916.290.750 76.606.447.250 The Bank Entitas anak 4.399.874.191 4.111.147.004 Subsidiary


Pajak tangguhan Deferred taxBank 6.485.235.435 12.110.106.383 The Bank Entitas anak 405.159.205 138.402.679 Subsidiary


Jumlah 85.206.559.581 92.966.103.316 Total

Pajak Kini Rekonsiliasi antara laba sebelum pajak menurut laporan laba rugi komprehensif dengan laba kena pajak adalah sebagai berikut:

Current Tax A reconciliation between income before tax per statements of comprehensive income and taxable income is as follows:

2013 2012Rp Rp

Income before tax expense per Laba sebelum pajak menurut laporan consolidated statements

laba rugi komprehensif konsolidasian 602.179.519.173 370.125.774.314 of comprehensive incomeLaba sebelum pajak - entitas anak (19.783.365.378) (18.138.769.470) Income before tax - subsidiary

Laba sebelum pajak - Bank 582.396.153.795 351.987.004.844 Income before tax - the Bank

Perbedaan temporer (25.940.941.739) (48.440.425.536) Temporary differencesBeban (pendapatan) yang tidak dapat Non deductible expenses

diperhitungkan menurut fiskal (260.790.049.018) 2.879.209.737 (non taxable income)

Laba kena pajak - Bank 295.665.163.038 306.425.789.045 Taxable income - the Bank

Beban dan utang pajak kini adalah sebagai berikut:

The details of current tax expense and payable are as follows:

2013 2012Rp Rp

Beban pajak kini Current tax expensesBank 73.916.290.750 76.606.447.250 The Bank Entitas anak 4.399.874.191 4.111.147.004 Subsidiary

Sub jumlah 78.316.164.941 80.717.594.254 Sub totalDikurangi pembayaran pajak di muka Less prepaid taxes

Bank The Bank Pajak penghasilan Income taxes

Pasal 23 8.780.700 4.690.500 Article 23Pasal 25 57.649.637.000 60.999.722.000 Article 25

Sub jumlah 57.658.417.700 61.004.412.500 Sub totalEntitas anak Subsidiary

Pajak penghasilan Income taxesPasal 25 4.023.055.497 4.110.005.121 Article 25

Current tax payable - the BankUtang pajak kini - Bank (Catatan 20) 16.257.873.050 15.602.034.750 (Note 20)Utang pajak kini - entitas anak Current tax payable -

(Catatan 20) 376.818.694 1.141.883 subsidiary (Note 20)

Jumlah Utang Pajak 16.634.691.744 15.603.176.633 Total Tax Payable





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Laba kena pajak dan pajak penghasilan Bank tahun 2012 telah sesuai dengan Surat Pemberitahuan (SPT) yang disampaikan oleh Bank ke Kantor Pelayanan Pajak.

The taxable income and corporate income tax in 2012 are in accordance with the annual corporate income tax returns filed by the Bank to the Tax Service Office.

Entitas anak menggunakan fasilitas pengurangan pajak. Sejak tahun 2009, Pemerintah Republik Indonesia menerapkan fasilitas pengurangan tarif untuk wajib pajak badan dalam negeri dengan peredaran bruto sampai dengan Rp 50 milyar akan mendapatkan pengurangan tarif sebesar 50% dari tarif yang dikenakan atas penghasilan kena pajak dari bagian peredaran bruto sampai dengan Rp 4,8 miliar.

The subsidiary applied tarif deduction facility. Starting in 2009, the Government of Republic of Indonesia enacted the tariff deduction facility, which provides that resident corporate tax payers with gross revenue up to Rp 50 billion shall receive a 50% reduction in the corporate tax rate on the taxable income for gross revenue up to Rp 4.8 billion.

Pajak Tangguhan Rincian dan perubahan dari liabilitas pajak tangguhan Bank dan entitas anak adalah sebagai berikut:

Deferred Tax The details of and changes in the Bank and its subsidiary’s deferred tax liabilities are as follows:

Dikreditkan Dikreditkan

(dibebankan) (dibebankan)

ke laporan laba ke laporan laba

rugi komprehensif/ rugi komprehensif/

Credited Credited

(charged) to (charged) to

1 Januari/ comprehensive 31 Desember/ comprehensive 31 Desember/

January 1, income for December 31, income for December 31,

2012 the year 2012 the year 2013

Rp Rp Rp Rp Rp

Bank The Bank

Liabilitas pajak tangguhan: Deferred tax liabilities:

Allowance for

Cadangan kerugian impairment losses

penurunan nilai-kredit (12.022.717.917) (12.164.663.626) (24.187.381.543) (6.676.557.135) (30.863.938.678) - loans

Biaya emisi surat berharga Securities issuance

yang diterbitkan (707.516.560) 54.557.243 (652.959.317) 191.321.700 (461.637.617) costs

Jumlah liabilitas Total deferred tax pajak tangguhan (12.730.234.477) (12.110.106.383) (24.840.340.860) (6.485.235.435) (31.325.576.295) liabilities

Entitas anak SubsidiaryLiabilitas pajak tangguhan (1.898.736.671) (138.402.679) (2.037.139.350) (405.159.205) (2.442.298.555) Deferred tax liabilities

Rekonsiliasi antara beban pajak dan hasil perkalian laba akuntansi dengan tarif pajak efektif yang berlaku adalah sebagai berikut:

A reconciliation between total tax expense and the amounts computed by multiplying the prevailing effective tax rate to income before tax is as follows:

2013 2012Rp Rp

Laba sebelum pajak penghasilan Income before tax per consolidated menurut laporan laba rugi statements of comprehensive komprehensif konsolidasian 602.179.519.173 370.125.774.314 income

Laba sebelum pajak - entitas anak (19.783.365.378) (18.138.769.470) Income before tax - subsidiaries

Laba sebelum pajak - Bank 582.396.153.795 351.987.004.844 Income before tax - Bank

Tarif pajak yang berlaku 145.599.038.449 87.996.751.211 Tax expense at effective tax ratesBeban (pendapatan) yang tidak dapat Non deductible expenses (non menurut fiskal diperhitungkan menurut fiskal (65.197.512.264) 719.802.422 taxable income)

Beban Pajak - Bank 80.401.526.185 88.716.553.633 Tax Expense - BankBeban Pajak - entitas anak 4.805.033.396 4.249.549.683 Tax Expenses - subsidiary

Jumlah 85.206.559.581 92.966.103.316 Total





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33. LABA PER SAHAM

33. EARNINGS PER SHARE

Berikut ini data yang digunakan untuk perhitungan laba per saham dasar:

The following data was used to compute the basic earnings per share:

2013 2012

Rp Rp

Laba bersih untuk laba Net income for the computation per saham dasar 516.971.761.325 277.158.559.860 of basic earnings per share

Lembar/ Lembar/Shares Shares

Jumlah saham Number of sharesJumlah rata-rata tertimbang saham Weighted average outstanding

biasa untuk perhitungan laba common shares for computationper saham dasar/dilusian 2.850.000 2.850.000 of basic/diluted earnings per share

Laba per saham dilusian sama dengan laba per saham dasar untuk tahun-tahun yang berakhir 31 Desember 2013 dan 2012, karena tidak ada potensi dilusi saham pada tanggal pelaporan.

The diluted earnings per share are same with the basic earning per share as of December 1, 2013 and 2012, as there are no potential dilutive shares as of reporting date.

34. DIVIDEN TUNAI DAN CADANGAN UMUM

34. CASH DIVIDENDS AND GENERAL RESERVE

a. Berdasarkan Risalah Rapat Umum Pemegang Saham Tahunan No. 206/Sek-Dir/PL/VI/2013 tanggal 24 Juni 2013, pemegang saham menyetujui untuk membagikan dividen tunai dan pembentukan cadangan umum untuk tahun buku 2012 masing-masing sebesar Rp 70.024.500.000 dan Rp 248.594.758.000.

a. Based on the Annual General Meeting of Stockholders as stated in deed No. 206/Sek-Dir/PL/VI/2013 dated June 24, 2013, the shareholders had approved the distribution of Rp 70,024,500,000 cash dividends for the 2012 financial year and the appropriation of Rp 248,594,758,000 for general reserve.

b. Berdasarkan Risalah Rapat Umum Pemegang

Saham Tahunan No. 05/Dir-Um/VI/2012 tanggal 26 Juni 2012, pemegang saham menyetujui untuk membagikan dividen tunai dan pembentukan cadangan umum untuk tahun buku 2011 masing-masing sebesar Rp 62.985.000.000 dan Rp 196.653.016.733.

b. Based on the Annual General Meeting of Stockholders as stated in deed No. 05/Dir-Um/VI/2012 dated June 26, 2012, the shareholders had approved the distribution of Rp 62,985,000,000 cash dividends for the 2011 financial year and the appropriation of Rp 196,653,016,733 for general reserve.

35. SIFAT, TRANSAKSI DAN SALDO DENGAN

PIHAK-PIHAK BERELASI

Sifat Berelasi

Pihak-pihak yang berelasi adalah perusahaan yang mempunyai keterkaitan kepemilikan dan/atau kepengurusan secara langsung maupun tidak langsung dengan Bank.

35. NATURE OF RELATIONSHIP AND TRANSACTIONS WITH RELATED PARTIES

Nature of Relationship Related parties are companies, which have the same stockholders and/or management, directly or indirectly, as the Bank.

Pihak berelasi adalah sebagai berikut: 1. Resona Bank Ltd., Tokyo, dan William

Budiman merupakan pemegang saham Bank. 2. Saitama Resona Bank Ltd., pemegang saham

utamanya sama dengan pemegang saham utama Bank.

3. The Bank of East Asia, Ltd. merupakan pemegang saham utama dari East Asia Indonesian Holdings, Ltd., yang merupakan salah satu pemegang saham Bank.

Related parties are as follows:

1. Resona Bank Ltd., Tokyo, and William Budiman are the shareholders of the Bank.

2. Saitama Resona Bank Ltd., the ultimate

shareholder is the same as the Bank’s ultimate shareholder.

3. The Bank of East Asia, Ltd. is the ultimate shareholder of East Asia Indonesian Holdings, Ltd., one of the shareholders of the Bank.





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Transaksi dengan Pihak Berelasi

Dalam kegiatan usahanya, Bank juga mengadakan transaksi-transaksi tertentu dengan pihak-pihak berelasi. Transaksi-transaksi tersebut meliputi: 1. Giro pada bank lain dan penerimaan bunga

(Catatan 6 dan 26).

2. Simpanan, simpanan dari bank lain dan pembayaran bunga (Catatan 17, 18 dan 27).

3. Pinjaman yang diterima dan pembayaran bunga

(Catatan 21 dan 27).

Transactions with Related Parties

In the normal course of business, the Bank entered into certain transactions with related parties. These transactions included the following:

1. Demand deposits with other banks and receipt of

interest (Notes 6 and 26).

2. Deposits, deposits from other banks and payment of interest (Notes 17, 18 and 27).

3. Borrowings and payment of interest (Notes 21 and 27).

Persentase saldo giro pada bank lain dari pihak berelasi terhadap jumlah aset pada tahun 2013 dan 2012 masing-masing sebesar 0,04% dan 0,16%.

The percentage of balance of demand deposit with other banks from related parties to total assets in 2013 and 2012 are 0.04% and 0.16%, respectively.

Persentase saldo masing-masing liabilitas kepada pihak berelasi terhadap jumlah liabilitas adalah sebagai berikut:

The percentage of balance of each liability to related parties to total liabilities are as follows:

2013 2012

% %

Simpanan 0,002 0,001 DepositsSimpanan dari bank lain 0,011 0,96 Deposits from other banksPinjaman yang di terima 23,21 13,29 Borrowings

Jumlah 23,22 14,25 Total

Persentase bunga yang diperoleh dari pihak berelasi terhadap jumlah pendapatan bunga pada tahun 2013 dan 2012 masing-masing sebesar 0,01%.

The percentage of interest earned from related parties to total interest revenue in 2013 and 2012 are 0.01%, respectively.

Persentase bunga yang dibayar kepada pihak berelasi terhadap jumlah beban bunga pada tahun 2013 dan 2012 masing-masing sebesar 7,72% dan 6,40%.

The percentage of interest incurred from related parties to total interest expenses in 2013 and 2012 are 7.72% and 6.40%, respectively.

36. KOMITMEN DAN KONTINJENSI

36. COMMITMENTS AND CONTINGENCIES

2013 2012Rp Rp

KOMITMEN COMMITMENTSTagihan Komitmen Commitment Receivables

Pihak ketiga Third partiesFasilitas pinjaman diterima Unused credit facilities

dari bank-bank lain yang received from other belum digunakan 1.577.850.000.000 1.638.460.000.000 banks

Pembelian valuta asing tunai yang Unsettled spot foreign currenciesbelum diselesaikan dan derivatif 822.685.935.424 532.479.984.557 bought and derivative

Jumlah Tagihan Komitmen 2.400.535.935.424 2.170.939.984.557 Total Commitment Receivables

Liabilitas Komitmen Commitment LiabilitiesPihak ketiga Third parties

Fasilitas kredit kepada debitur Unused credit facilities yang belum digunakan 119.140.366.337 111.631.099.899 granted

Irrevocable letters of credit 286.484.970.141 190.728.505.030 Irrevocable letters of creditPembelian valuta asing tunai yang Unsettled spot foreign currencies

belum diselesaikan dan derivatif 592.300.649.502 719.207.268.832 bought and derivativeJumlah Liabilitas Komitmen 997.925.985.980 1.021.566.873.761 Total Commitment Liabilities

Tagihan Komitmen - Bersih 1.402.609.949.444 1.149.373.110.796 Commitment Receivables - Net





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2013 2012Rp Rp

KONTINJENSI CONTINGENCIESTagihan Kontinjensi Contingent Receivables

Pihak ketiga Third partiesPendapatan bunga dalam Interest receivables on

penyelesaian 9.557.261.109 4.512.404.847 non-performing loans

Liabilitas Kontinjensi Contingent LiabilitiesPihak ketiga Third parties

Bank garansi yang diterbitkan 228.970.967.196 187.131.765.677 Bank guarantees issued

Liabilitas Kontinjensi - Bersih 219.413.706.087 182.619.360.830 Contingent Liabilities - Net

Jumlah Tagihan Komitmen - Bersih 1.183.196.243.357 966.753.749.966 Total Commitment Receivables - Net

37. JATUH TEMPO ASET DAN LIABILITAS KEUANGAN

37. MATURITIES OF FINANCIAL ASSETS AND LIABILITIES

Analisa jatuh tempo aset dan liabilitas keuangan menurut kelompok jatuh temponya berdasarkan periode yang tersisa, terhitung sejak tanggal 31 Desember 2013 sampai dengan tanggal jatuh tempo adalah sebagai berikut:

The analysis of maturities of financial assets and liabilities based on remaining terms until maturity calculated from December 31, 2013 are as follows:

> 1 bulan > 3 bulan > 1 tahuns/d s/d s/d

Sampai dengan 3 bulan/ 12 bulan/ 5 tahun/1 bulan/1 month > 1 month - > 3 months - > 1 year - > 5 tahun/ Jumlah/

or less 3 months 12 months 5 years > 5 years Total Rp Rp Rp Rp Rp Rp

Aset Keuangan/Financial Assets

Tanpa suku bunga/Without interest:Kas/Cash 25.246.649.960 - - - - 25.246.649.960 Giro pada Bank Indonesia/Demand

deposits with Bank Indonesia 786.922.935.723 - - - - 786.922.935.723 Giro pada Bank lain/Demand deposits

with other banks 858.995.147.749 - - - - 858.995.147.749 Tagihan deriv atif /

Derivative receivables 5.184.650.046 7.492.121.000 21.065.750.612 3.252.311.943 - 36.994.833.601 Tagihan akseptasi/

Acceptances receivable 71.100.744.453 93.904.306.775 24.850.630.961 - - 189.855.682.189 Aset lain-lain/Other assets 7.729.748.206 26.607.266.781 - - - 34.337.014.987

Suku bunga v ariabel/Variable interest rate:Kredit/Loans 194.632.436.529 713.612.061.701 1.503.793.379.625 3.273.253.811.526 1.912.301.505.998 7.597.593.195.379 Piutang sewa pembiay aan/

Finance lease receivables 28.629.874.984 - - 300.521.365.126 - 329.151.240.110 Piutang pembiay aan konsumen/

Consumer financing receivables - - - 572.869.935 - 572.869.935 Tagihan anjak piutang/Factoring receivable - - 38.402.449.215 - - 38.402.449.215

Suku bunga tetap/Fixed interest rate: Penempatan pada Bank Indonesia dan bank lain

/Placement with Bank Indonesiaand other banks 1.395.777.081.184 - - 328.590.000.000 - 1.724.367.081.184

Giro pada Bank Indonesia/Demand deposits with Bank Indonesia 87.587.880.000 - - - - 87.587.880.000

Ef ek-ef ek/Securities 22.611.490.758 8.481.184.889 239.617.647.793 - - 270.710.323.440 Kredit/Loans 282.250.958.387 482.697.246.286 361.082.807.553 575.830.835.456 411.938.507.175 2.113.800.354.857 Piutang sewa pembiay aan/

Finance lease receivables - - - 462.295.087 - 462.295.087

Jumlah aset keuangan/Total financial assets 3.766.669.597.979 1.332.794.187.432 2.188.812.665.759 4.482.483.489.073 2.324.240.013.173 14.094.999.953.416

Liabilitas Keuangan/Financial Liabilities

Tanpa suku bunga/Without interest: Liabilitas segera/Liabilities pay able immediately 2.967.330.086 - - - - 2.967.330.086 Liabilitas deriv atif /Deriv ativ e liabilities 2.245.822.322 5.239.686.306 14.066.808.699 1.718.660.305 - 23.270.977.632 Liabilitas akseptasi/ Acceptance pay ables 71.100.744.453 93.904.306.775 24.850.630.961 - - 189.855.682.189 Liabilitas lain-lain/Other liabilities 1.045.347.558 - - - - 1.045.347.558

Suku bunga v ariabel/Variable interest rate:Simpanan/Deposits 3.471.804.014.338 - - - - 3.471.804.014.338 Pinjaman diterima/Borrowings 376.415.057.500 100.000.000.000 2.555.516.197.500 550.096.170.000 304.250.000 3.582.331.675.000 Biay a y ang masih harus dibay ar/Accrued

expenses 8.293.689.471 - - - - 8.293.689.471

Suku bunga tetap/Fixed interest rate: Simpanan/Deposits 2.971.254.155.039 317.357.298.545 20.008.162.976 - - 3.308.619.616.560 Pinjaman diterima/Borrowings 1.569.570.000 250.000.000.000 1.111.200.000 - - 252.680.770.000 Simpanan dari bank lain/

Deposits from other banks 305.570.269.585 60.850.000.000 - - - 366.420.269.585 Surat berharga y ang diterbitkan/

Securities Issued - - - 448.153.449.532 - 448.153.449.532 Biay a y ang masih harus dibay ar/Accrued

expenses 32.657.277.111 - - - - 32.657.277.111

Jumlah liabilitas keuangan/Total financial liabilities 7.244.923.277.463 827.351.291.626 2.615.553.000.136 999.968.279.837 304.250.000 11.688.100.099.062

Selisih/Difference (3.478.253.679.484) 505.442.895.806 (426.740.334.377) 3.482.515.209.236 2.323.935.763.173 2.406.899.854.354

2013





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Analisa jatuh tempo aset liabilitas keuangan menurut kelompok jatuh temponya berdasarkan periode yang tersisa, terhitung sejak tanggal 31 Desember 2012 sampai dengan tanggal jatuh tempo adalah sebagai berikut:

The analysis of maturities of financial assets and liabilities based on remaining terms until maturity calculated from December 31, 2012 are as follows:




Aset Keuangan/Financial Assets

Tanpa suku bunga/Without interest:Kas/Cash 18.079.790.314 - - - - 18.079.790.314

Giro pada Bank Indonesia/Demand deposits with Bank Indonesia 585.239.687.706 - - - - 585.239.687.706

Giro pada Bank lain/Demand deposits with other banks 573.800.016.056 - - - - 573.800.016.056

Tagihan deriv atif /Derivative receivables 8.936.582.948 4.193.285.263 630.891.345 98.895.328 - 13.859.654.884

Tagihan akseptasi/

Acceptances receivable 102.341.866.702 62.227.549.234 31.616.080.222 - - 196.185.496.158

Aset lain-lain/Other assets 5.055.323.707 - - - - 5.055.323.707

Suku bunga v ariabel/Variable interest rate:

Kredit/Loans 636.919.223.424 1.382.433.294.874 3.110.737.319.051 2.440.703.335.175 200.183.950.226 7.770.977.122.750 Piutang sewa pembiay aan/

Finance lease receivables - - 19.934.333.546 301.858.949.364 - 321.793.282.910 Piutang pembiay aan konsumen/

Consumer financing receivables - - - 843.015.574 - 843.015.574

Suku bunga tetap/Fixed interest rate:

Penempatan pada Bank Indonesia dan bank lain/Placement with Bank Indonesia

and other banks 1.401.837.628.205 - - 260.226.000.000 - 1.662.063.628.205 Giro pada Bank Indonesia/Demand

deposits with Bank Indonesia 87.426.318.750 - - - - 87.426.318.750

Ef ek-ef ek/Securities 34.467.940.201 3.601.415.846 156.405.498.615 - - 194.474.854.662 Kredit/Loans 184.089.105.003 58.752.812.497 20.311.044.020 215.870.203.663 4.566.040.948 483.589.206.131

Piutang sewa pembiay aan/Finance lease receivables - - 653.645.050 453.702.627 - 1.107.347.677

Tagihan anjak piutang/Factoring receivable 8.057.408.455 - - - - 8.057.408.455

Jumlah aset keuangan/Total financial assets 3.646.250.891.471 1.511.208.357.714 3.340.288.811.849 3.220.054.101.731 204.749.991.174 11.922.552.153.939

Liabilitas Keuangan/Financial Liabilities

Tanpa suku bunga/Without interest:

Liabilitas segera/Liabilities pay able immediately 75.980.828.870 - - - - 75.980.828.870 Liabilitas deriv atif /Deriv ativ e liabilities 3.933.289.663 3.702.635.997 188.035.587 - - 7.823.961.247

Liabilitas akseptasi/ Acceptance pay ables 103.370.877.410 62.227.549.235 31.616.080.222 - - 197.214.506.867 Liabilitas lain-lain/Other liabilities - 246.349.656 - 588.800.000 - 835.149.656

Suku bunga v ariabel/Variable interest rate:Simpanan/Deposits 2.838.278.582.577 - - - - 2.838.278.582.577

Pinjaman diterima/Borrowings 15.996.670.500 289.140.000.000 1.236.813.216.500 528.774.413.000 240.950.000 2.070.965.250.000 Biay a y ang masih harus dibay ar/Accrued

expenses 7.604.149.435 - - 28.408.005 - 7.632.557.440

Suku bunga tetap/Fixed interest rate: Simpanan/Deposits 2.148.679.410.443 341.872.689.300 104.585.548.489 - - 2.595.137.648.232

Pinjaman diterima/Borrowings 325.987.083.850 - 5.405.197.200 252.588.593.200 - 583.980.874.250 Simpanan dari bank lain/

Deposits from other banks 847.900.018.785 - - - - 847.900.018.785

Surat berharga y ang diterbitkan/ Securities Issued - - - 597.388.162.729 - 597.388.162.729

Biay a y ang masih harus dibay ar/Accruedexpenses 28.165.453.887 - - - - 28.165.453.887

Jumlah liabilitas keuangan/Total financial liabilities 6.395.896.365.420 697.189.224.188 1.378.608.077.998 1.379.368.376.934 240.950.000 9.851.302.994.540

Selisih/Difference (2.749.645.473.949) 814.019.133.526 1.961.680.733.851 1.840.685.724.797 204.509.041.174 2.071.249.159.399

2012





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38. ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING

38. MONETARY ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES

Posisi aset dan liabilitas moneter dalam mata uang asing pada tanggal 31 Desember 2013 dan 2012 adalah sebagai berikut:

Following are the balances of monetary assets and liabilities denominated in foreign currencies as of December 31, 2013 and 2012:

2013 2012Mata Uang Mata Uang

Asing/ Ekuivalen dalam/ Asing/ Ekuivalen dalam/Foreign Equivalent in Foreign Equivalent incurrency Rp currency Rp

Aset/Assets

Kas/Cash USD 498.103 6.061.913.510 361.978 3.488.743.964JPY 21.237.000 2.458.182.750 20.750.000 2.319.227.500

Giro pada Bank Indonesia/Demand deposits with Bank Indonesia USD 51.000.000 620.670.000.000 44.500.000 428.891.000.000

Giro pada bank lain/Demand deposits with other banks USD 49.632.993 604.033.524.931 48.547.539 467.901.179.437

JPY 2.070.964.714 239.714.165.646 790.712.759 88.377.965.073 EUR 332.332 5.569.557.351 674.131 8.583.029.781 SGD 492.875 4.742.447.484 778.287 6.132.124.455 THB 11.341.608 4.207.736.427 7.085.857 2.232.045.109 GBP 17.559 353.121.206 14.658 227.413.595 CHF - - 19.965 210.345.972 AUD 6.361 69.049.697 10.127 101.343.791 HKD 7.178 11.270.151 5.546 6.894.237

Penempatan pada bank lain/Placements with other banks- Deposito/Time deposits USD 27.000.000 328.590.000.000 27.000.000 260.226.000.000

Efek-efek/Securities- Wesel ekspor/Export bills USD 2.571.699 31.297.579.914 3.949.923 38.069.356.047

EUR 33.443 560.478.760 - -Tagihan derivatif/Derivative receivables JPY 20.792.037 2.406.678.271 38.986.282 4.357.496.740

THB - - 43.871 13.819.253 USD - - 1.058 10.198.790 SGD - - 21 162.364

Kredit/Loans USD 433.055.067 5.270.280.159.928 374.591.513 3.610.313.006.350 JPY 2.839.374.209 328.657.564.692 3.242.465.849 362.410.407.943

Tagihan akseptasi/Acceptances receivables USD 13.849.979 168.554.247.959 15.181.168 146.316.095.353 JPY 125.494.092 14.525.941.149 141.207.658 15.782.779.935 SGD 530.840 5.107.742.480 788.200 6.210.227.800 EUR 99.514 1.667.750.601 1.855.337 23.622.151.320

Piutang sew a pembiayaan/Finance lease receivables USD 15.765.167 191.862.074.966 15.188.849 146.390.128.685

JPY 115.036.622 13.315.488.997 201.594.372 22.532.202.958 Bunga yang masih akan diterima/

Accrued interest receivable USD 330.285 4.019.570.054 227.142 2.189.195.358 JPY 858 99.314 2.363.806 264.202.597

Biaya dibayar dimuka/Prepaid expense USD - - 28.600 275.650.699 Aset lain-lain/Other assets USD 566.719 6.896.974.246 103.293 995.542.367

EUR 6.173 103.445.765 6.173 78.588.907 JPY 13.002 1.504.982 - -

Jumlah aset sebelum cadangan kerugian penurunan nilai/ Total assets before allowance for impairment losses 7.855.738.271.231 5.648.528.526.380

Cadangan kerugian penurunan nilai/Allowance for impairment losses USD (549.948) (6.692.862.401) (6.410.798) (61.787.274.676)

JPY (1.228.005) (142.141.579) (2.563.316) (286.501.829)

Jumlah cadangan kerugian penurunan nilai/Total allowance for impairment losses (6.835.003.980) (62.073.776.505)

Aset bersih/Net asset 7.848.903.267.251 5.586.454.749.875





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2013 2012Mata Uang Mata Uang

Asing/ Ekuivalen dalam/ Asing/ Ekuivalen dalam/Foreign Equivalent in Foreign Equivalent incurrency Rp currency Rp

Liabilitas segera/Liabilities payable immediately JPY 18.440.908 2.134.535.101 659.524.331 73.715.034.476

USD 43.322 527.230.566 176.179 1.698.010.022 SGD 1.274 12.255.060 2.487 19.596.885

Giro/Demand deposits USD 177.471.458 2.159.827.644.956 166.608.990 1.605.777.443.307 JPY 3.221.759.689 372.918.684.003 2.592.648.236 289.780.293.339 EUR 371.801 6.231.007.428 402.720 5.127.433.714 SGD 496.567 4.777.968.636 789.641 6.221.584.275 THB 10.328.452 3.831.855.636 5.990.437 1.886.987.573 AUD 1.294 14.046.034 1.306 13.067.841

Deposito berjangka/Time deposits USD 107.251.469 1.305.250.377.973 80.771.732 778.477.955.522 JPY 1.700.170.956 196.794.788.157 623.410.026 69.678.538.605

Penempatan dari bank lain/Call Money USD 30.000.000 365.100.000.000 10.000.000 96.380.000.000 Pinjaman yang diterima/Borrowings USD 276.877.500 3.369.599.175.000 214.875.000 2.070.965.250.000

JPY 133.160.000 15.413.270.000 304.025.000 33.980.874.250 Liabilitas derivatif/Derivative liabilities JPY 22.825.350 2.642.034.280 56.375.269 6.301.063.816

THB - - 26.116 8.226.476 USD - - 65 621.734

Liabilitas akseptasi/ USD 13.849.979 168.554.247.959 15.287.934 147.345.106.061 Acceptances payable JPY 125.494.092 14.525.941.149 141.207.658 15.782.779.935

SGD 530.840 5.107.742.480 788.200 6.210.227.800 EUR 99.514 1.667.750.601 1.855.337 23.622.151.321

Utang pajak/Taxes payable USD 8.212 99.941.013 5.077 48.930.487 JPY 8 926 35.423 3.959.229

Biaya masih harus dibayar/ USD 720.847 8.772.710.779 859.185 8.280.823.140 Accrued expenses JPY 231.695 26.818.678 537.107 60.032.450

EUR - - 32 402.586 Liabilitas lain-lain/Other liabilities USD 483.550 5.884.804.042 15.969.503 153.914.074.393

JPY 758.210 87.762.806 741.628 82.891.760

Jumlah liabilitas/Total liabilities 8.009.802.593.263 5.395.383.360.997

Aset - Bersih/Net Asset (160.899.326.012) 191.071.388.878

Kurs konversi yang digunakan Bank pada tanggal 11 April 2014, 31 Desember 2013 dan 2012, menggunakan kurs Reuters jam 16.00 WIB sebagai berikut:

The conversion rates used as of April 11, 2014, December 31, 2013 and 2012 were Reuters’ rates as of 4:00 PM Western Indonesian Time with details as follows:

11 April/April 11,

2014 2013 2012Rp Rp Rp

USD 1 11.413,00 12.170,00 9.638,00 USD 1 SGD 1 9.144,00 9.622,00 7.879,00 SGD 1 GBP 1 19.136,00 20.111,00 15.515,00 GBP 1 EUR 1 15.848,00 16.759,00 12.732,00 EUR 1 JPY 1 112,32 115,75 111,77 JPY 1 CHF 1 13.026,00 13.674,00 10.536,00 CHF 1 HKD 1 1.472,00 1.570,00 1.243,00 HKD 1 AUD 1 10.718,00 10.856,00 10.007,00 AUD 1 THB 1 353,00 371,00 315,00 THB 1

Foreign CurrencyMata Uang Asing31 Desember/December 31,





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39. KLASIFIKASI DAN NILAI WAJAR ATAS ASET DAN LIABILITAS KEUANGAN Tabel di bawah ini menunjukkan nilai tercatat dan nilai wajar dari aset dan liabilitas keuangan.

39. CLASSIFICATIONS AND FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES

The following table summarises the carrying amounts and fair values of those financial assets and liabilities.

Pinjaman y ang Biay a perolehan Jumlah nilai

Dimiliki hingga diberikan dan diamortisasi tercatat/

Catatan/ Diperdagangkan/ jatuh tempo/ piutang/Loans lainny a/ Other Carrying Nilai wajar/Notes Trading Held to maturity and receivables amortised costs amount Fair value

Rp Rp Rp Rp Rp Rp

Aset keuangan Financial assetsKas - - 25.246.649.960 - 25.246.649.960 25.246.649.960 Cash

Demand deposits with Giro pada Bank Indonesia 5 - - 874.510.815.723 - 874.510.815.723 874.510.815.723 Bank Indonesia

Demand deposits with

Giro pada bank lain 6 - - 858.995.147.749 - 858.995.147.749 858.995.147.749 other Banks

Placements with Penempatan pada Bank Bank Indonesia

Indonesia dan bank lain 7 - - 1.724.367.081.184 - 1.724.367.081.184 1.724.367.081.184 and other banks

Ef ek-ef ek 8 - 238.852.264.766 31.989.235.249 - 270.841.500.015 270.841.500.015 SecuritiesTagihan deriv atif 9 36.994.833.601 - - - 36.994.833.601 36.994.833.601 Deriv ativ e receiv ables

Kredit 10 - - 9.643.246.244.787 - 9.643.246.244.787 9.643.246.244.787 Loans

Tagihan akseptasi 11 - - 189.855.682.189 - 189.855.682.189 189.855.682.189 Acceptance receiv ablesPiutang sewa pembiay aan 12 329.495.105.379 329.495.105.379 329.495.105.379 Finance lease receiv ables

Piutang pembiay aan Consumer f inancing

konsumen - - 572.712.195 - 572.712.195 572.712.195 receiv ablesTagihan anjak piutang - - 38.392.428.645 - 38.392.428.645 38.392.428.645 Factoring receiv ables

Aset lain-lain 15 - - 34.337.014.987 - 34.337.014.987 34.337.014.987 Other assets

Jumlah 36.994.833.601 238.852.264.766 13.751.008.118.047 - 14.026.855.216.414 14.026.855.216.414 Total

Liabilitas keuangan Financial LiabilitiesLiabilitas segera 16 - - - 2.967.330.086 2.967.330.086 2.967.330.086 Liabilities pay able immediatelySimpanan 17 - - - 6.787.160.663.992 6.787.160.663.992 6.787.160.663.992 Deposits

Simpanan dari Bank lain 18 - - - 366.527.010.586 366.527.010.586 366.527.010.586 Deposits f rom other banks

Liabilitas deriv atif 9 23.270.977.632 - - - 23.270.977.632 23.270.977.632 Deriv ativ e Pay ablesLiabilitas akseptasi 11 - - - 189.855.682.189 189.855.682.189 189.855.682.189 Acceptance pay ables

Surat berharga

y ang diterbitkan 19 - - - 461.702.824.532 461.702.824.532 461.702.824.532 Securities issued

Pinjaman y ang diterima 21 - - - 3.855.570.640.279 3.855.570.640.279 3.855.570.640.279 BorrowingBiay a y ang masih harus

dibay ar - - - 40.950.966.582 40.950.966.582 40.950.966.582 Accrued expenses

Liabilitas lain-lain - - - 1.045.347.558 1.045.347.558 1.045.347.558 Other liabilities

Jumlah 23.270.977.632 - - 11.705.780.465.804 11.729.051.443.436 11.729.051.443.436 Total

2013

Pinjaman y ang Biay a perolehan Jumlah nilai

Dimiliki hingga diberikan dan diamortisasi tercatat/

Catatan/ Diperdagangkan/ jatuh tempo/ piutang/Loans lainny a/ Other Carrying Nilai wajar/Notes Trading Held to maturity and receivables amortised costs amount Fair value

Rp Rp Rp Rp Rp Rp

Aset keuangan Financial assetsKas - - 18.079.790.314 - 18.079.790.314 18.079.790.314 Cash

Demand deposits with Giro pada Bank Indonesia 5 - - 672.666.006.456 - 672.666.006.456 672.666.006.456 Bank Indonesia

Demand deposits with

Giro pada bank lain 6 - - 573.800.016.056 - 573.800.016.056 573.800.016.056 other Banks

Placements with Penempatan pada Bank Bank Indonesia

Indonesia dan bank lain 7 - - 1.662.063.628.205 - 1.662.063.628.205 1.662.063.628.205 and other banks

Ef ek-ef ek 8 - 156.405.498.615 38.135.528.268 - 194.541.026.883 194.541.026.883 SecuritiesTagihan deriv atif 9 13.859.654.884 - - - 13.859.654.884 13.859.654.884 Deriv ativ e receiv ables

Kredit 10 - - 8.158.313.943.734 - 8.158.313.943.734 8.158.313.943.734 Loans

Tagihan akseptasi 11 - - 196.185.496.158 - 196.185.496.158 196.185.496.158 Acceptance receiv ablesPiutang sewa pembiay aan 12 322.766.585.237 322.766.585.237 322.900.630.587 Finance lease receiv ables

Piutang pembiay aan Consumer f inancing

konsumen - - 842.740.225 - 842.740.225 843.015.574 receiv ablesTagihan anjak piutang - - 8.054.775.724 - 8.054.775.724 8.057.408.455 Factoring receiv ables

Aset lain-lain 15 - - 5.055.323.707 - 5.055.323.707 5.055.323.707 Other assets

Jumlah 13.859.654.884 156.405.498.615 11.655.963.834.084 - 11.826.228.987.583 11.826.365.941.013 Total

Liabilitas keuangan Financial LiabilitiesLiabilitas segera 16 - - - 75.980.828.870 75.980.828.870 75.980.828.870 Liabilities pay able immediatelySimpanan 17 - - - 5.438.482.099.412 5.438.482.099.412 5.438.482.099.412 Deposits

Simpanan dari Bank lain 18 - - - 849.245.467.087 849.245.467.087 849.245.467.087 Deposits f rom other banks

Liabilitas deriv atif 9 7.823.961.247 - - - 7.823.961.247 7.823.961.247 Deriv ativ e Pay ablesLiabilitas akseptasi 11 - - - 197.214.506.867 197.214.506.867 197.214.506.867 Acceptance pay ables

Surat berharga

y ang diterbitkan 19 - - - 610.775.662.729 610.775.662.729 610.775.662.729 Securities issued

Pinjaman y ang diterima 21 - - - 2.670.945.754.714 2.670.945.754.714 2.670.945.754.714 BorrowingBiay a y ang masih harus

dibay ar - - - 35.798.011.327 35.798.011.327 35.798.011.327 Accrued expenses

Liabilitas lain-lain - - - 835.149.656 835.149.656 835.149.656 Other liabilities

Jumlah 7.823.961.247 - - 9.879.277.480.662 9.887.101.441.909 9.887.101.441.909 Total

2012





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Nilai tercatat aset keuangan yang menghasilkan bunga dan nilai tercatat liabilitas yang berbunga adalah sebesar Rp 12.124.245.239.992 dan Rp 11.470.960.761.597 pada tanggal 31 Desember 2013 dan Rp 10.530.332.185.114 dan Rp 9.569.448.547.900 pada tanggal 31 Desember 2012.

The carrying amount of the interest bearing financial assets and liabilities as of December 31, 2013 amounted to Rp 12,124,245,239,992 and Rp 11,470,960,761,597 and as of December 31, 2013 amounted to Rp 10,530,332,185,114 and Rp 9,569,448,547,900.

Aset atau liabilitas yang memiliki suku bunga tetap terpapar risiko suku bunga atas nilai wajar (fair value interest rate risk), sedangkan aset atau liabilitas yang memiliki suku bunga mengambang terpapar risiko suku bunga atas arus kas (cash flow interest rate risk).

Asset or liabilities arranged at fixed interest rate are exposed to fair value interest risk, meanwhile asset or liability arranged at floating interest rates are exposed to cash flow interest rate risk.

Nilai wajar mendekati nilai tercatatnya karena memiliki sifat jangka pendek dan atau sering dilaksanakan re-pricing.

Fair value approximates the carrying value because of short term in nature, and/or repricing frequently.

40. MANAJEMEN RISIKO 40. RISK MANAGEMENT

Dewan Direksi Bank mempunyai tanggung jawab utama dalam mengelola dan mengawasi berbagai macam risiko yang dihadapi oleh Bank dan entitas anak. Direksi telah menetapkan Komite Aset dan Liabilitas, Komite Kredit, dan Komite Manajemen Risiko yang bertanggung jawab terhadap pengembangan dan pengawasan kebijakan manajemen risiko Bank di bidangnya masing-masing. Seluruh komite memiliki anggota eksekutif dan non eksekutif dan melaporkan aktivitasnya secara berkala kepada Dewan Direksi.

The Bank’s Board of Directors has primary responsibility for managing and overseeing a wide range of risks faced by the Bank and its subsidiary. Board of Directors has set the Asset and Liability Committee, Credit Committee, and Risk Management Committee which are responsible for policy development and oversight of risk management in their respective fields. All the committees have executive and non-executive members and regularly report their activities to the Board of Directors.

Bank menerapkan manajemen risiko yang independen dan sesuai dengan standar yang merujuk pada ketentuan Bank Indonesia serta best practices yang diterapkan di perbankan internasional.

Bank applies independent risk management in accordance with the requirement of Bank Indonesia regulations and the international best practices in banking industry.

Bagian Manajemen Risiko bersama-sama unit kerja terkait bertanggung jawab dalam mengelola/mengkoordinasikan seluruh risiko yang dihadapi Bank, yaitu risiko kredit, risiko pasar, risiko operasional, risiko likuiditas, risiko hukum, risiko reputasi, risiko stratejik dan risiko kepatuhan, termasuk membahas dan mengusulkan kebijakan dan pedoman pengelolaan risiko.

Together with the related working unit, Risk Management Division is responsible for managing/coordinating all of the risks face by the Bank, namely credit risk, market risk, operational risk, liquidity risk, legal risk, reputation risk, strategic risk and compliance risk, including to discuss and propose risk management policy and guidelines.

Seluruh risiko tersebut dilaporkan Bank melalui penyusunan laporan profil risiko secara triwulanan untuk menggambarkan seluruh risiko yang melekat dalam kegiatan bisnis Bank, termasuk risiko entitas anak secara konsolidasian.

All these risks are reported by the Bank through the preparation of the risk profile report on a quarterly basis to describe all the inherent risks in the Bank's business activities, including the consolidated risk of a subsidiary.

Tim manajemen risiko membantu Dewan Direksi untuk memastikan bahwa risiko telah dikelola dengan benar dan berdasarkan prinsip kehati-hatian. Bank dan entitas anak juga telah membuat kebijakan-kebijakan untuk mengatur dan memantau risiko-risiko berikut:

Risk management team assists the Board of Directors to ensure that risks are managed properly and are in line with prudential principles. The Bank and its subsidiary also have created policies to regulate and monitor the following risks:





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RISIKO KREDIT CREDIT RISK

Risiko kredit adalah risiko akibat kegagalan debitur dan/atau pihak lain dalam memenuhi kewajiban kepada Bank. Risiko kredit dapat bersumber dari berbagai aktivitas bisnis Bank. Pemberian kredit merupakan sumber risiko kredit yang terbesar. Selain kredit, Bank menghadapi risiko kredit dari berbagai instrumen keuangan seperti surat berharga, akseptasi, transaksi antar bank, transaksi pembiayaan perdagangan, transaksi nilai tukar dan derivatif, serta kewajiban komitmen dan kontinjensi.

Credit risk is the risk due to failure of the debtor and/or other parties to fulfill the obligations to the Bank. Credit risk can be derived from the Bank's business activities. Lending is the biggest source of credit risk. In addition to credit, the Bank faces credit risk from various financial instruments such as securities, acceptances, interbank transactions, trade financing transactions, foreign exchange and derivatives transactions, as well as commitments and contingent liabilities.

Risiko kredit dapat meningkat karena terkonsentrasinya penyediaan dana, antara lain pada debitur, wilayah geografis, produk, jenis pembiayaan, atau lapangan usaha tertentu. Risiko ini lazim disebut risiko konsentrasi kredit.

Credit risk may increase due to concentration of provision of funds, among others, by debtor, geographic, product, type of financing, or a particular business line. This risk is commonly called concentrations risk of credit.

Secara umum eksposur risiko kredit merupakan salah satu eksposur risiko utama sehingga kemampuan Bank untuk mengidentifikasi, mengukur, memantau, dan mengendalikan risiko kredit serta menyediakan modal yang cukup bagi risiko tersebut sangat penting.

Generally, credit risk exposure is one of the major risk exposures, so the Bank’s ability to identify, measure, monitor, and control credit risk as well as provide sufficient capital for these risks is very important.

Penerapan manajemen risiko kredit tidak hanya ditujukan untuk menempatkan Bank sebagai bank yang patuh terhadap regulasi, namun merupakan suatu tuntutan manajemen untuk menerapkan sistem pengelolaan risiko kredit yang baik dan sesuai dengan praktek di perbankan untuk memastikan bahwa aktivitas penyediaan dana tidak terekspos pada risiko kredit yang dapat menimbulkan kerugian pada Bank. Penerapan manajemen risiko yang dilakukan tidak hanya bertujuan untuk mencegah terjadinya penurunan kualitas kredit, namun juga diharapkan mampu mendorong kegiatan bisnis Bank.

Credit risk management is not only intended to put the Bank as a bank that adheres to regulations, but is a management’s demand to implement a good credit risk management which is in accordance with banking practices to ensure that funds are not exposed to credit risk that may cause losses to the Bank. Application of risk management is not only aimed to prevent the decline in credit quality, but also expected to encourage Bank’s business activities.

Untuk memastikan penurunan kualitas kredit dapat diketahui lebih awal, maka portofolio kredit harus secara aktif dipantau dan dimitigasi melalui implementasi strategi remediasi dalam menyelesaikan kredit bermasalah yang dipantau secara berkelanjutan antar Seksi/Bagian terkait termasuk unit kerja recovery, yaitu Credit Monitoring and Recovery Section (CMRS).

To ensure that credit quality deterioration can be detected early, the loan portfolio should be actively monitored and mitigated through the implementation of remediation strategies in solving nonperforming loans, which is monitored on an ongoing basis between the related sections/divisions including Credit Monitoring and Recovery Section (CMRS).

Mulai tahun 2012 Bank telah menghitung Aset Tertimbang Menurut Risiko (ATMR) risiko kredit pada tahun 2012 sesuai dengan Surat Edaran Bank Indonesia No.13/6/DPNP tanggal 18 Pebruari 2011 perihal Pedoman Perhitungan Aset Tertimbang Menurut Risiko untuk Risiko Kredit dengan Menggunakan Metode Standar.

Since 2012, the Bank is required to calculate Risk Weighted Assets (RWA) of credit risk in accordance to Bank Indonesia Circular Letter No.13/6/DPNP dated February 18, 2011 regarding Guidelines for Calculation of Risk Weighted Assets for Credit Risk Using Standard Methods.





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Untuk memantau kualitas dan menguji elastisitas kualitas portofolio (NPL dan Yield) terhadap perubahan variabel-variabel ekonomi yang dapat berdampak pada kecukupan modal Bank, Bank secara rutin (setiap 6 bulan) maupun ad hoc melakukan stress test terhadap seluruh portofolio kredit baik per kelompok debitur besar, segmen bisnis, industri maupun produk dengan berbagai skenario. Dengan stress test ini, Bank dapat mengantisipasi lebih awal dan mengambil langkah-langkah pengendalian portofolio dan solusi yang paling optimal sebagai strategi jangka pendek maupun jangka panjang. Dengan demikian, kualitas portofolio kredit dan kecukupan modal Bank terjaga dengan baik.

To monitor the quality and test the elasticity of the portfolio quality (NPL and Yield) against the changes in economic variables that may impact the Bank’s capital adequacy, the Bank on a regular basis (every 6 months) and ad hoc, runs stress test on the entire loan portfolio both by the large debtor, segment of business, industry or products with a variety of scenarios. With the stress test, the Bank can early anticipate and take control of the portfolio and the most optimal solution as a strategy for short and long term. Thus, the credit portfolio quality and capital adequacy of the Bank are well preserved.

Bank menerapkan prosedur-prosedur tertentu dalam mengelola risiko, antara lain:

The Bank implements certain procedures to manage risks, among others:

Merumuskan kebijakan perkreditan

berdasarkan hasil diskusi dengan unit-unit bisnis, mencakup persyaratan agunan, penilaian kredit, tingkat risiko dan pelaporan, prosedur dokumentasi dan hukum, serta kepatuhan terhadap terhadap peraturan dan persyaratan yang diwajibkan oleh pengawas.

Formulating credit policies based on the results of discussions with the business units, including collateral requirements, credit assessment, the level of risk and reporting, documentation and legal procedures, and compliance with regulations and requirements that are required by the regulator.

Pemisahan fungsi antara yang melakukan

analisis, persetujuan, dan administrasi kredit dalam kerangka kerja atau mekanisme prosedur pendelegasian pengambilan keputusan penyediaan dana. Permohonan kredit dilakukan analisa berdasarkan 4 eyes principles oleh Credit Examination Division dan Komite Kredit.

Segregation of duties among analysis, approval, and credit administration within the framework or mechanism for delegating decision-making in provision of funds. Credit application is analyzed with 4 eyes principles by the Credit Examination Division and Credit Committee.

Pengembangan sistem administrasi kredit, efisiensi dan efektivitas operasional administrasi kredit, termasuk pemantauan dokumentasi, persyaratan kontrak, perjanjian kredit, dan pengikatan agunan.

Development of credit administration system, operational efficiency and effectiveness of credit administration, including monitoring documentation, contract requirements, credit agreements, and binding of collateral.

Melakukan pengawasan secara berkala atas

kondisi debitur, yang meliputi kinerja keuangan, kemampuan membayar dan kinerja usaha debitur.

Conduct periodic monitoring of the debtors’ conditions, which includes financial performance, repayment capacity and business prospect.

Memantau dan mengevaluasi perkembangan

dan kualitas portofolio kredit secara keseluruhan dan dilaporkan secara berkala ke Dewan Direksi dan Dewan Komisaris.

Monitor and evaluate progress and quality of the overall credit portfolio and report periodically to the Board of Directors and the Board of Commissioners.

Memantau dan mengevaluasi perkembangan

kualitas kredit yang diberikan kepada pihak terkait dan debitur-debitur tertentu serta memastikan pemenuhan Batas Maksimum Pemberian Kredit yang sesuai.

Monitor and evaluate the development of the credit quality to related parties and particular debtors and ensure compliance with the appropriate Legal Lending Limit.

Melakukan evaluasi dan pemantauan terhadap kredit non-performing serta melaporkan perkembangannya ke Dewan Direksi.

Evaluate and monitor non-performing loans and report the progress to the Board of Directors.





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Membatasi konsentrasi eksposur terhadap counterparty berdasarkan sektor industri untuk mencegah berlebihnya konsentrasi pada sektor industri tertentu.

Limit the concentrations of exposure to the counterparty based on the industrial sector to prevent over concentration on a particular industry sector.

Sentralisasi eksposur laporan posisi keuangan

dan rekening administratif yang mengandung risiko kredit dari setiap debitur atau per kelompok debitur dan/atau pihak lawan transaksi (counterparty) tertentu mengacu pada konsep single obligor.

Centralize the statement of financial position exposures and administrative accounts that contain credit risk of each borrower or a group of borrowers and/or certain counterparty referring to the concept of single obligor.

Menggunakan teknik pengukuran risiko dengan

pendekatan pemeringkatan internal (internal rating) dan senantiasa melakukan pengkinian data secara berkala.

Use risk measurement technique with an internal rating approach and continue updating the data periodically.

Mengukur risiko kredit terkait dengan kegagalan pihak lawan (counterparty credit risk) seperti transaksi derivatif over the counter/OTC, dengan menggunakan nilai pasar yang dilakukan secara berkala.

Measure credit risks associated with the default of the other party (counterparty credit risk) such as derivative transactions over the counter/OTC, using the market value periodically.

Mengimplementasikan proses persetujuan

pinjaman oleh entitas anak dengan mengikutsertakan Dewan Direksi Bank

Implement the process of loan approval by the subsidiary by involving the Bank's Board of Directors

(i) Eksposur maksimum terhadap risiko kredit (i) The maximum exposure to credit risk

Untuk aset keuangan yang dicatat dalam laporan posisi keuangan, eksposur maksimum terhadap risiko kredit adalah sama dengan nilai tercatatnya.

For financial assets recorded in the statement of financial position, the maximum exposure to credit risk is equal to its carrying value.

Untuk garansi dan irrevocable letter of credit yang diterbitkan, maka eksposur maksimum terhadap risiko kredit adalah sebesar nilai maksimum yang harus dibayar oleh Bank apabila garansi dan irrevocable letter of credit tersebut harus dipenuhi. Sedangkan untuk komitmen kredit, eksposur maksimum terhadap risiko kredit adalah jumlah seluruh fasilitas komitmen kredit yang belum ditarik oleh nasabah.

For guarantee and irrevocable letter of credit issued, the maximum exposure to credit risk is equal to the maximum value to be paid by the Bank when the guarantee and irrevocable letter of credit must be fulfilled. As for the loan commitment, the maximum exposure to credit risk is the total of credit commitment facilities that have not been withdrawn by the customer.





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Tabel berikut ini menyajikan eksposur maksimum terhadap risiko kredit untuk semua instrumen keuangan, baik yang tercatat pada laporan posisi keuangan maupun off-financial position, tanpa mempertimbangkan jaminan.

The following table presents the maximum exposure to credit risk for all financial instruments, both recorded on the statement of financial position and off-balance sheets, regardless of the collateral.

2013 2012Rp Rp

Laporan posisi keuangan: Statements of financial positionGiro pada Bank Indonesia 874.510.815.723 672.666.006.456 Demand deposits with Bank IndonesiaGiro pada bank lain 858.995.147.749 573.800.016.056 Demand deposits with other banksPenempatan pada Bank Indonesia Placement with Bank Indonesia &

dan bank lain 1.724.367.081.184 1.662.063.628.205 other banksEfek-efek 270.710.323.440 194.474.854.662 Securities Tagihan derivatif 36.994.833.601 13.859.654.884 Derivative receivablesKredit 9.711.393.550.236 8.254.566.328.881 Loans Tagihan akseptasi 189.855.682.189 196.185.496.158 Acceptance receivablesPiutang sewa pembiayaan 329.613.535.197 322.900.630.587 Finance lease receivablesPiutang pembiayaan konsumen 572.869.935 843.015.574 Consumer financing receivablesTagihan anjak piutang 38.402.449.215 8.057.408.455 Factoring receivablesAset lain-lain 34.337.014.987 5.055.323.707 Other assets

Sub Jumlah 14.069.753.303.456 11.904.472.363.625 Sub Total

Eksposur risiko kredit yang terkait Credit risk exposures relating to off-balancedengan rekening administratif tanpa sheet items without taking into account jaminan atau peningkatan kredit lain of any collateral held or other credit adalah sebagai berikut: enhancements are as follows:

Komitmen dan kontinjensi Commitments and contingenciesFasilitas kredit yang belum

digunakan 119.140.366.337 111.631.099.899 Unused credit facilitiesIrrevocable L/C yang masih

berjalan 286.484.970.141 190.728.505.030 Irrevocable letters of credit Bank garansi yang diterbitkan 228.970.967.196 187.131.765.677 Bank guarantees issued

Sub Jumlah 634.596.303.674 489.491.370.606 Sub Total

Jumlah 14.704.349.607.130 12.393.963.734.231 Total

(ii) Analisa risiko konsentrasi kredit (ii) Credit concentration risk analysis

Risiko konsentrasi kredit timbul ketika sejumlah nasabah yang memiliki aktifitas usaha yang serupa atau memiliki kemiripan karakteristik yang akan menyebabkan kemampuan nasabah dalam memenuhi kewajiban kontraktualnya dipengaruhi oleh perubahan kondisi ekonomi dan kondisi lainnya.

Credit concentration risk arises when several customers have similar business activities or similar characteristics which will cause the customers’ ability to meet their contractual obligation is affected by the change of economic condition and other conditions.

Bank senantiasa berupaya melakukan diversifikasi portofolio kredit berdasarkan industri, dan produk kredit untuk meminimalkan risiko kredit. Tingkat diversifikasi didasarkan pada rencana strategis Bank, sektor target, kondisi ekonomi saat ini, kebijakan pemerintah, sumber pendanaan, dan proyeksi pertumbuhan.

Bank always endeavors to diversify credit portfolio based on industry and credit product in order to minimize credit risk. The diversification level is based on the Bank’s strategic plan, targeted sector, current economic conditions, government policy, funding source and growth projection.





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Risiko konsentrasi kredit berdasarkan mata uang dan jatuh tempo diungkapkan pada Catatan 10 dan 37.

Concentration of credit risk by currency and maturity is disclosed in Note 10 and 37.

Berikut ini adalah tabel dari konsentrasi aset keuangan dan off-financial position berdasarkan jenis counterparty (sebelum dikurangi cadangan kerugian penurunan nilai):

The following table presents the financial assets and off-financial statement position concentration by type of counterparty (before deducting allowance for impairment losses):

Giro pada Bank Penempatan padaIndonesia dan Bank Indonesia

bank lain/ dan bank lain/ Komitment danDemand deposits Placement Tagihan Piutang Piutang pembiayaan Tagihan anjak kontinjensi/

with Bank with Bank Derivatif/ sewa pembiayaan/ konsumen/ piutang/ Tagihan akseptasi/ Commitments

Indonesia Indonesia Efek-efek/ Derivative Kredit/ Finance lease Consumer financing Factoring Acceptance Aset lain-lain/ and Jumlah/

and other banks and other banks Securities Receivables Loans receivables receivables Receivables Receivables Other assets Contingencies Total %

Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp RpPemerintah dan Government and

Bank Indonesia 874.510.815.723 1.395.777.081.184 238.852.264.766 4.960.158.956 - - - - - - - 2.514.100.320.629 17,10 Bank Indonesia

Bank-bank 858.995.147.749 328.590.000.000 31.858.058.674 135.798.859 - - - - 28.194.354.493 - - 1.247.773.359.775 8,49 Banks

Korporasi dan Corporates andperorangan - - - 31.898.875.786 9.711.393.550.236 329.613.535.197 572.869.935 38.402.449.215 161.661.327.696 34.337.014.987 634.596.303.674 10.942.475.926.726 74,42 personal

Jumlah 1.733.505.963.472 1.724.367.081.184 270.710.323.440 36.994.833.601 9.711.393.550.236 329.613.535.197 572.869.935 38.402.449.215 189.855.682.189 34.337.014.987 634.596.303.674 14.704.349.607.130 100,00 Total

2013

Giro pada Bank Penempatan padaIndonesia dan Bank Indonesia

bank lain/ dan bank lain/ Komitment danDemand deposits Placement Tagihan Piutang Piutang pembiayaan Tagihan anjak kontinjensi/

with Bank with Bank Derivatif/ sewa pembiayaan/ konsumen/ piutang/ Tagihan akseptasi/ Commitments

Indonesia Indonesia Efek-efek/ Derivative Kredit/ Finance lease Consumer financing Factoring Acceptance Aset lain-lain/ and Jumlah/

and other banks and other banks Securities Receivables Loans receivables receivables Receivables Receivables Other assets Contingencies Total %

Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp Rp RpPemerintah dan Government and

Bank Indonesia 672.666.006.456 1.126.837.341.678 156.405.498.615 - - - - - - - - 1.955.908.846.749 15,78 Bank Indonesia

Bank-bank 573.800.016.056 535.226.286.527 38.069.356.047 668.238.736 - - - - 28.525.292.475 - - 1.176.289.189.841 9,49 Banks

Korporasi dan Corporates andperorangan - - - 13.191.416.148 8.254.566.328.881 322.900.630.587 843.015.574 8.057.408.455 167.660.203.683 5.055.323.707 489.491.370.606 9.261.765.697.641 74,73 personal

Jumlah 1.246.466.022.512 1.662.063.628.205 194.474.854.662 13.859.654.884 8.254.566.328.881 322.900.630.587 843.015.574 8.057.408.455 196.185.496.158 5.055.323.707 489.491.370.606 12.393.963.734.231 100,00 Total

2012

(iii) Kualitas kredit berdasarkan kelas aset

keuangan (iii) Credit quality by class of financial asset

Dalam mengidentifikasi risiko kredit, Bank didukung dengan aplikasi internal rating yang ditujukan untuk menghasilkan risk rating yang akurat dan konsisten. Rating yang dibuat sudah mengikuti standar sistem desain rating sebagaimana yang dipersyaratkan dalam Basel II.

In identifying credit risk, the Bank uses internal rating application to assist in generating risk rating accurately and consistently. The risk rating application follows the system standard rating design that is required in Basel II.

Untuk memenuhi ketentuan Bank Indonesia, maka hasil rating tersebut kemudian dipetakan ke kolektibilitas seperti dibawah ini:

To comply with Bank Indonesia regulation, the result of rating would be mapped to BI collectibility as follows:

Risiko/RiskPeringkat

Risiko/Risk Rating

Nilai/Grade

12345678 (Dalam Perhatian Khusus)/ 9 (Special Mention)

(Kurang Lancar)/ (Sub Standard)

12 5 (Macet) /(Loss)

(Diragukan)/ (Doubtful)

11 CC-

3

4

Perkiraan Peringkat yang sesuai/

Corresponding Probable Rating

Pemetaan ke Kolektabilitas BI/ Mapping to Collectibility BI

BB-

1 (Lancar)/ (Pass)BBB+/BBBBBB-

BB+/BB

Below Investment Grade

AAA

LowAAA

In default

Investment Grade

B+/B 2B-

High

10 CCC+/CCC

Medium





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Definisi dari tingkat risiko adalah sebagai berikut: Definition of risk level are as follow: Low Risk Low Risk

Counterparties yang memiliki pendapatan yang tinggi atau stabil, permodalan yang kuat dan likuiditas yang tinggi untuk memenuhi kemampuan membayar tanpa bantuan dari sumber dana tambahan.

Counterparties which have high or stable earnings, strong capital and liquidity that meets with repayment capability without support from additional source of fund.

Medium Risk Medium Risk

Counterparties yang memiliki pendapatan, modal dan likuiditas yang cukup baik, namun memiliki potensi menurun. Meskipun debitur mampu memenuhi kewajiban pembayaran pokok dan bunga, indikasi dari beberapa masalah yang belum teratasi akan mempengaruhi pembayaran di masa depan.

Counterparties which have fairly good earnings, capital and liquidity but with the potential for decline. Although debtor is able to meet principal and interest obligation, indication of certain problems that left unresolved will affect future payment.

High Risk High Risk

Counterparties yang memiliki pendapatan dan modal yang rendah dan kesulitan likuiditas yang menunjukkan ketidakmampuan untuk membayar kembali pokok dan/atau bunga.

Counterparties which have low earnings, capital and liquidity difficulties that shows inability to repay principal and/or interest.

Tabel di bawah ini menyajikan kualitas kredit dari aset keuangan berdasarkan kelas menggunakan rating kredit internal Bank (sebelum dikurangi cadangan kerugian penurunan nilai).

The table below shows the credit quality of financial asset by class using the Bank’s internal credit rating (gross of allowance for impairment losses).

Telahjatuh tempotetapi tidakmengalamipenurunan Mengalami

nilai/ penurunan

Risiko rendah/ Risiko medium/ Risiko tinggi/ Tidak memiliki Past due but nilai/ Jumlah/

Low risk Medium risk High risk rating/Unrated not impaired Impaired Total

Rp Rp Rp Rp Rp Rp Rp

Dimiliki hingga jatuh tempo Held-to-maturityEfek-efek 238.852.264.766 - - - - - 238.852.264.766 Securities

Diperdagangkan TradingTagihan derivatif 36.994.833.601 - - - - - 36.994.833.601 Derivative receivables

Pinjaman yang diberikandan piutang Loans and receivablesGiro pada Bank Indonesia 874.510.815.723 - - - - - 874.510.815.723 Demand deposits with Bank IndonesiaGiro pada bank lain 858.995.147.749 - - - - - 858.995.147.749 Demand deposits with other banksPenempatan pada Bank Indonesia Placement with Bank Indonesia &

dan bank lain 1.724.367.081.184 - - - - - 1.724.367.081.184 other banksEfek-efek 31.858.058.674 31.858.058.674 Securities Kredit 4.764.072.044.008 4.648.599.909.219 - - 173.822.149.174 124.899.447.835 9.711.393.550.236 Loans Tagihan akseptasi 189.855.682.189 - - - - - 189.855.682.189 Acceptance receivablesPiutang sewa pembiayaan 164.770.693.082 158.242.426.959 6.600.415.156 - - - 329.613.535.197 Finance lease receivablesPiutang pembiayaan kosumen 572.869.935 - - - - - 572.869.935 Consumer financing receivablesTagihan anjak piutang 18.287.717.255 20.114.731.960 38.402.449.215 Factoring receivables

Aset keuangan lain-lain Other financial assetsPendapatan bunga yang masih

harus diterima 3.126.566.634 2.242.734.181 - - 2.360.447.391 - 7.729.748.206 Accrued interest receivable

Jumlah 8.906.263.774.800 4.829.199.802.319 6.600.415.156 - 176.182.596.565 124.899.447.835 14.043.146.036.675 Total

2013

penurunan nilai/Neither past due nor impairedBelum jatuh tempo dan tidak mengalami





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Telahjatuh tempotetapi tidakmengalamipenurunan Mengalami

nilai/ penurunan

Risiko rendah/ Risiko medium/ Risiko tinggi/ Tidak memiliki Past due but nilai/ Jumlah/

Low risk Medium risk High risk rating/Unrated not impaired Impaired Total

Rp Rp Rp Rp Rp Rp Rp

Dimiliki hingga jatuh tempo Held-to-maturityEfek-efek 156.405.498.615 - - - - - 156.405.498.615 Securities

Diperdagangkan TradingTagihan derivatif 13.859.654.884 - - - - - 13.859.654.884 Derivative receivables

Pinjaman yang diberikandan piutang Loans and receivablesGiro pada Bank Indonesia 672.666.006.456 - - - - - 672.666.006.456 Demand deposits with Bank IndonesiaGiro pada bank lain 573.800.016.056 - - - - - 573.800.016.056 Demand deposits with other banksPenempatan pada Bank Indonesia Placement with Bank Indonesia &

dan bank lain 1.662.063.628.205 - - - - - 1.662.063.628.205 other banksEfek-efek 38.069.356.047 - - - - - 38.069.356.047 Securities Kredit 3.366.869.581.792 4.401.366.438.343 13.696.172.182 472.634.136.564 8.254.566.328.881 Loans Tagihan akseptasi 196.185.496.158 - - - - - 196.185.496.158 Acceptance receivablesPiutang sewa pembiayaan 179.106.191.965 126.226.497.838 17.567.940.784 322.900.630.587 Finance lease receivablesPiutang pembiayaan kosumen 843.015.574 - - - - - 843.015.574 Consumer financing receivablesTagihan anjak piutang 8.057.408.455 - - - - - 8.057.408.455 Factoring receivables

Aset keuangan lain-lain Other financial assetsPendapatan bunga yang masih

harus diterima 2.327.632.909 2.607.166.189 - - 120.524.609 - 5.055.323.707 Accrued interest receivable

Jumlah 6.870.253.487.116 4.530.200.102.370 17.567.940.784 - 13.816.696.791 472.634.136.564 11.904.472.363.625 Total

2012

penurunan nilai/Neither past due nor impairedBelum jatuh tempo dan tidak mengalami

(iv) Analisa umur pinjaman dan piutang yang sudah jatuh tempo tetapi tidak mengalami penurunan nilai.

(iv) Aging analysis of past due but not impaired loans and receivables.

Bank memiliki pinjaman yang diberikan dan piutang yang telah jatuh tempo tetapi tidak mengalami penurunan nilai sebesar Rp 173.822.149.174 dan Rp 13.696.172.182 pada tanggal 31 Desember 2013 dan 2012, dikarenakan jatuh tempo dari pinjaman dan piutang tersebut masih di bawah 90 hari.

(v) Kredit direstrukturisasi yang akan jatuh tempo atau mengalami penurunan nilai.

The Bank’s loans and receivables that are past due but not impaired amounted to Rp 173,822,149,174 and Rp 13,696,172,182 as of December 31, 2013 and 2012, since the past due for that Bank’s loans and receivables still below 90 days.

(v) Restructured loans that would otherwise be past due or impaired.

Kredit yang diberikan yang dinegosiasi ulang/direstrukturisasi adalah kondisi dimana Bank sebagai pihak pemberi pinjaman memberikan keringanan pada pihak peminjam yang mengalami kesulitan. Kredit yang diberikan yang telah dinegosiasi ulang/direstrukturisasi dalam 12 bulan terakhir yang seharusnya telah jatuh tempo sebesar Rp 5.804.991.179 dan Rp 15.828.350.540 pada tanggal 31 Desember 2013 dan 2012.

Renegotiated/restructured loans are conditions where the Bank as the lender provide relief to borrowers who are experiencing difficulties. Loans that have been renegotiated/ restructured in the past 12 months that would otherwise have been past due or impaired amounted to and Rp 5,804,991,179 dan Rp 15,828,350,540 as of December 31, 2013 and 2012.

(vi) Agunan (vi) Collateral

Bank telah mengimplementasikan kebijakan untuk memitigasi risiko kredit, termasuk meminta agunan sebagai jaminan pelunasan kredit dan menjadikannya sebagai pilihan kedua jika kewajiban kontraktual tidak terpenuhi. Jenis modal kerja yang dapat diterima untuk kredit modal kerja dan investasi dalam rangka memitigasi risiko kredit diantaranya adalah kas dan/atau blokir rekening, Standby Letter of Credit, Letter of Guarantee, tanah dan/atau bangunan, mesin, kendaraan bermotor, piutang dagang, bahan baku/barang dagangan (persediaan), saham atau surat berharga lainnya. Perkiraan nilai wajar dari agunan yang digunakan oleh Bank didasarkan pada nilai agunan yang dinilai oleh penilai internal maupun eksternal.

The Bank has implemented policies to mitigate credit risk, which include taking collaterals as a guarantee for loan repayment and making it the second way out if contractual obligations are not met. The type of collateral accepted for working capital and investment loans to mitigate credit risk include cash deposited with the Bank, Standby Letter of Credit, Letter of Guarantee, land and/or building, machinery, vehicles, accounts receivable, raw materials/inventories, stocks or other securities. The fair value of collateral is assessed based on internal and/or external appraisals.





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Meskipun agunan pada dasarnya adalah unsur pendukung dan bukan merupakan unsur utama dalam hal pembayaran kembali kredit, namun sebagai salah satu upaya dalam penerapan prinsip kehatian-hatian dalam penyaluran kredit oleh Bank maka penerimaan agunan yang kuat dan bernilai menjadi pertimbangan utama dalam setiap keputusan pemberian kredit, dengan demikian fungsi penyaluran dana oleh Bank dapat dilaksanakan dengan baik.

Although collateral is basically a supporting element and is not a major element in terms of repayment of credit, but as one of the implementation of prudential principle of granting credit by the Bank, so the acceptable of strong and worth collateral being major consideration in any decision granting credit, thus the function of distributing the funds by the Bank can be implemented well.

Untuk menghindari Bank dari kerugian yang terjadi akibat agunan yang diterima oleh Bank kehilangan atau rusak karena adanya bencana seperti kebakaran, gempa bumi, banjir dan yang lainnya, maka Bank mempersyaratkan objek yang menjadi agunan harus ditanggung oleh perusahaan asuransi sehingga apabila terjadi bencana yang menimpa objek agunan, pihak asuransi akan mengganti kerugian yang timbul atas bencana tersebut dan nilai objek agunan tidak akan mengalami penurunan.

To prevent the Bank from losses due to collateral accepted by the Bank lost or damaged due to disaster such as fire, earthquake, flood and more, the Bank requires the object being collateral to be borne by insurance companies so that in the event of a disaster, the insurance companies will replace those loss and the value of collateral objects will not decline.

Bank menggunakan azas konservatif dalam melakukan penilaian terhadap jaminan yang Bank terima, dimana nilai jaminan yang diakui Bank merupakan nilai terendah antara nilai pasar dikali dengan 56%, nilai tanggungan/ fiducia dan nilai pinjaman dan piutang yang diberikan. Pada saat proses penilaian jaminan, Bank akan terlebih dahulu melaksanakan peninjauan lokasi jaminan yang bertujuan untuk memastikan bahwa kondisi jaminan dalam keadaan baik dan dapat dipastikan keabsahan kepemilikan agunan dengan lokasi yang ada. Sesuai dengan pasal 35 PBI No. 14/15/PBI/2012, bahwa aktiva produktif diatas Rp 5.000.000.000 secara prinsip penilaian agunan harus dilakukan oleh penilai independen. Selain itu, Bank juga melakukan revaluasi agunan guna melakukan pengkinian nilai jaminan.

Bank using conservative principles in assessing collateral that Bank received, where the value of collateral is recognized by using the lowest value between market value multiplied by 56%, mortgage/ fiduciary values and value of loan and receivables itself. At the time of assessment process, Bank will conduct visiting first to the collateral location in order to ensure the collateral still in good condition and can be confirmed the validity of the ownership with the existing location. In accordance with article 35 PBI No. 14/15/PBI/ 2012, that assets above IDR 5,000,000,000 in principle appraisal must be performed by an independent appraiser. In addition, Bank also conducts collateral revaluation to update the current value of collateral.

Tabel dibawah ini menyajikan informasi atas konsentrasi kredit dari nilai wajar jaminan yang dimiliki Bank.

The table below shows information of credit concentration from fair value of collateral that received by Bank.

Nasabahinstitusi

Kredit Kredit f inansial/Kary awan/ korporasi/ Financial

Staff Corporate institution Jumlah/loan loan customers TotalRp Rp Rp Rp

Eksposur kredit 5.055.645.864 8.770.921.438.882 935.416.465.489 9.711.393.550.235 Credit exposureNilai jaminan *) - 5.960.403.178.375 695.942.913.054 6.656.346.091.429 Collateral v alue *)Total eksposur tanpa Total Unsecured

jaminan kredit 5.055.645.864 2.810.518.260.507 239.473.552.435 3.055.047.458.806 credit exposurePorsi eksposur kredit tanpa Unsecured portion

jaminan kredit (%) 100,00 32,04 25,60 31,46 of credit exposure (%)

Tanah & Bangunan - 2.048.823.407.290 - 2.048.823.407.290 Land & BuildingDeposito & Tabungan - 343.304.228.964 - 343.304.228.964 Deposits & Sav ingKendaraan - 230.535.265.708 - 230.535.265.708 VehicleMesin-mesin - 1.132.890.706.401 - 1.132.890.706.401 MachineriesKapal - 65.917.071.993 - 65.917.071.993 VesselGaransi - 223.571.222.212 - 223.571.222.212 GuaranteeLainny a: - Others: - Inv entori - 963.596.632.801 - 963.596.632.801 - Inv entory - Tagihan Piutang - 951.764.643.006 695.942.913.054 1.647.707.556.060 - Account Receiv ablesJumlah - 5.960.403.178.375 695.942.913.054 6.656.346.091.429 Total

*) Berdasarkan penilaian y ang dilakukan Bank/Based on Bank's assessment

2013





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RISIKO LIKUIDITAS LIQUIDITY RISK

Risiko likuiditas adalah risiko akibat ketidakmampuan Bank untuk memenuhi kewajiban keuangan yang jatuh tempo dari sumber pendanaan arus kas dan/atau dari aset likuid berkualitas tinggi yang dapat diagunkan, tanpa mengganggu aktivitas dan kondisi keuangan Bank.

Liquidity risk is the risk that arises because of Bank’s inability to meet the financial liability that is due from cash flow funding source and/or from high quality liquid assets that can be encumbered, without disrupting Bank’s activity and financial condition.

Ketidakmampuan memperoleh sumber pendanaan arus kas sehingga menimbulkan risiko likuiditas dapat disebabkan antara lain oleh:

The inability to obtain cash flow funding source which gives rise to liquidity risk can be caused by, among others:

ketidakmampuan menghasilkan arus kas yang berasal dari aset produktif maupun yang berasal dari penjualan aset termasuk aset likuid; dan/atau

The inability to generate cash flow from earning assets or from asset sales including liquid assets; and/or

ketidakmampuan menghasilkan arus kas yang berasal dari penghimpunan dana, transaksi antar Bank, dan pinjaman yang diterima.

The inability to generate cash flow from fund raising, inter-bank transactions, and the borrowings.

Bank senantiasa menjaga ketersediaan dana dan likuiditas harian secara konsisten untuk menjamin kebutuhan likuiditas terpenuhi. Ketersediaan dana secara konsolidasian (semua jenis mata uang) per posisi 31 Desember 2013 dan 2012 masing-masing sebesar Rp 3.622.657 juta dan Rp 3.779.773 juta atau setara dengan 52,73% dan 68,88% dibandingkan dengan total dana pihak ketiga dan 26,16% dan 32,18% dibandingkan dengan total aset. Sedangkan rasio aset likuid (primer dan sekunder) dibandingkan total dana pihak ketiga dan total aset masing-masing sebesar 16,90% dan 8,38% tahun 2013 dan 23,71% dan 11,08% tahun 2012.

The Bank always maintains the available fund and daily liquidity consistently in order to assure liquidity needs are met. Consolidated available fund (all currencies) as of December 31, 2013 and 2012 amounted to Rp 3,622,657 million and Rp 3,779,773 million or equivalent to 52.73% and 68.88% compared to the total third-party funds and 26.16% and 32.18% respectively compared to total asset. Meanwhile, the liquid asset ratios (primary and secondary) compared to the total third-party funds and total asset are 16.90% and 8.38% in 2013 and 23.71% and 11.08% in 2012, respectively.

Bank menggunakan beberapa alat pengukuran risiko likuiditas seperti rasio likuiditas, profil maturitas, proyeksi arus kas dan stress testing untuk mengetahui seberapa besar risiko yang dihadapai oleh Bank termasuk dalam menentukan limit yang harus dijaga.

Bank takes several liquidity risk measurement methods such as liquidity ratio, maturity profile, cash flow projection and stress testing to derive how high the risk faced by the Bank is, including in determining the limit to be maintained.

Bank menggunakan metodologi profil maturitas untuk mengestimasi potensi risiko likuiditas yang akan dihadapi Bank di masa mendatang, baik kondisi defisit maupun surplus dan mengembangkan indikator peringatan dini untuk mengantisipasi terjadinya guncangan terhadap kondisi likuiditas Bank.

The Bank takes maturity profile methodology to estimate the potentials of liquidity risk to be faced by the Bank in the future, either in deficit or surplus position, and develop early warning indicators to anticipate shock to Bank’s liquidity condition.

Untuk mengetahui kemampuan Bank dalam menghadapi berbagai situasi, Bank melakukan analisa skenario likuiditas, yang mencakup skenario kondisi normal dan tidak normal termasuk kondisi ekstrim atau krisis dengan melakukan stress testing yang dilengkapi dengan penyusunan rencana kontinjensi.

In order to know the Bank’s ability in facing various situations, the Bank conducts liquidity scenario analysis, comprising normal condition and abnormal condition scenarios including extreme or critical conditions by running stress testing equipped by contingency planning.





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Kondisi krisis mencakup kondisi krisis bank secara khusus (specific bank crisis) dan krisis pasar secara umum (general market crisis). Sesuai dengan rencana kontinjensi tersebut, untuk kondisi bank secara khusus, Bank dapat memenuhi kebutuhan likuiditas melalui pinjaman (seperti bilateral funding, reciprocal term loan facility, secured line facility agreement, foreign exchange swap), dan pricing dana pihak ketiga. Sedangkan untuk kondisi krisis pasar secara umum, misalnya krisis pasar secara regional, Bank memenuhi kebutuhan likuiditas melalui standby facility dari perusahaan induk (Resona Bank, Jepang) sedangkan untuk krisis pasar secara global, maka Bank memenuhi kebutuhan likuiditasnya melalui fasilitas likuiditas dari Bank Indonesia dengan kualitas aset yang dimiliki oleh Bank.

Critical condition comprises specific bank crisis and general market crisis. In line with such contingency planning, for specific bank crisis the Bank can meet its liquidity needs through borrowing (such as bilateral funding, reciprocal term loan facility, secured line facility agreement, foreign exchange swap), and third-party fund pricing. As for general market crisis, such as regional market crisis, the Bank meets the liquidity needs through standby facility from the holding company (Resona Bank, Japan), as for global market crisis, the Bank meets its liquidity needs through liquidity facility from Bank Indonesia according to the quality of assets owned by the Bank.

Bank menerapkan prosedur tertentu dalam mengelola dan memantau risiko likuiditas untuk meminimalkan kemungkinan ketidakmampuan Bank dalam memperoleh sumber pendanaan arus kas, antara lain dengan cara:

Bank implements certain procedures in managing and overseeing liquidity risk to minimize the possibility of Bank’s inability to obtain cash flow funding source, among others by:

Kebijakan manajemen likuiditas Bank telah

menetapkan tanggung jawab, pendekatan manajemen dan strategi yang diambil untuk memastikan kecukupan likuiditas yang harus dipelihara dalam memenuhi kewajiban Bank secara kontraktual atau berdasarkan aturan.

Bank’s liquidity management policy sets out the responsibility, management approach and strategy to be taken to assure the adequacy of liquidity to be maintained to meet Bank’s contractual liability or pursuant to regulation.

Melakukan identifikasi dan analisis terhadap seluruh sumber risiko likuiditas meliputi produk dan aktivitas perbankan yang dapat mempengaruhi sumber dan penggunaan dana, baik pada posisi aset dan liabilitas maupun rekening administratif dan risiko-risiko lain yang dapat meningkatkan risiko likuiditas, misalnya risiko kredit, risiko pasar, dan risiko operasional.

Identifying and analysing all the liquidity risk sources which comprise banking product and activities that can affect fund source and usage, either in asset or liability positions and administrative accounts as well as other risks that may elevate liquidity risks, such as credit risk, market risk and operational risk.

Bank menetapkan dan memantau batasan-

batasan tertentu untuk memastikan agar tingkat likuiditas yang optimal terjaga.

Bank sets out and monitors certain limits to assure that optimum liquidity level is maintained.

Posisi likuiditas harian diawasi dan stress

testing likuiditas dilakukan secara teratur dengan berbagai variasi skenario baik dalam kondisi pasar normal dan maupun tidak normal (krisis). Semua kebijakan mengenai likuiditas termasuk prosedurnya harus di tinjau ulang dan mendapat persetujuan dari Komite Manajemen Risiko.

Daily liquidity level is watched and liquidity stress testing is run regularly under scenario variations either in normal market condition or crisis. All the policies regarding liquidity including the procedure must be reviewed and approved by Risk Management Committee.

Bank masih mengandalkan deposito dari nasabah dan bank lain sebagai sumber utama pendanaan yang umumnya memiliki jatuh tempo lebih pendek dan sebagian besar harus dikembalikan berdasarkan permintaan. Sifat jangka pendek dari simpanan tersebut meningkatkan risiko likuiditas Bank dan Bank secara aktif mengelola risiko ini dengan memelihara harga yang kompetitif dan senantiasa memantau tren pasar.

Bank still relies on time-deposit from customers and other banks as main source of funding which are generally due earlier and mostly have to be repaid upon request. The short-term nature of such saving elevates Bank’s liquidity risk and Bank actively manages this risk by maintaining competitive price and monitor market trend consistently.





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Bank telah menetapkan rencana pendanaan darurat bilamana Bank mengalami kesulitan likuiditas yang direview secara berkala baik mengenai pendekatan dan strategi yang akan diambil, maupun rencana tindak manajemen bank pada situasi krisis likuiditas.

The Bank has set out emergency funding plan in the event the Bank undergoes liquidity difficulties as regularly reviewed from the aspects of approach and strategy to be taken, or the plan of bank’s management measures under liquidity crisis situation.

Eksposur terhadap risiko likuiditas Exposures to liquidity risk

Bank mengukur dan memantau risiko likuiditas melalui analisis perbedaan jatuh tempo likuiditas dan rasio-rasio likuiditas. Salah satu rasio likuiditas adalah rasio dari aset lancar terhadap liabilitas lancar. Pada tanggal 31 Desember 2013 dan 2012, rasio dari aset lancar terhadap kewajiban lancar adalah sebagai berikut:

Bank measures and oversees liquidity risk by analyzing the gap of liquidity maturity and liquidity ratios. One of liquidity ratios is ratio of liquid assets to liquid liabilities. On December 31, 2013 and 2012, the ratios of liquid assets to liquid liabilities are as follows:

2013 2012

Rp Rp

Kas 25.246.649.960 18.079.790.314 CashDemand deposits, BI Certif icate

Giro, Sertif ikat Bank Indonesia dan and other Bank Indonesia penempatan Bank Indonesia lainnya 2.509.140.161.673 1.955.908.846.750 placements

Giro pada bank lain dan penempatan pada Demand deposit w ith other banks bank lain dikurangi dengan simpanan and placement w ith other banks dari bank lain 821.164.878.164 261.126.283.798 less deposits from other banks

Jumlah aset lancar bersih 3.355.551.689.797 2.235.114.920.862 Total net liquid assetsSimpanan 6.780.423.630.898 5.433.416.230.809 Deposits

Rasio 49,49% 41,14% Ratio

Analisa Jatuh Tempo untuk Liabilitas Keuangan Maturity Analysis for Financial Liabilities Pengelompokkan jatuh tempo untuk liabilitas keuangan berdasarkan sisa jatuh tempo kontrak dari tanggal pelaporan. Untuk aset keuangan dimana pihak lawan memiliki pilihan kapan suatu jumlah dibayarkan, maka liabilitas dialokasikan pada periode paling awal di mana entitas dapat disyaratkan untuk membayar.

The maturity grouping of financial liabilities is based on the remaining contractual maturity from the reporting date. For financial liabilities where the counterparty has a choice of when the amount is to be settled, the liability is allocated to the earliest period in which the Bank can be required to pay.

Selanjutnya, liabilitas keuangan tingkat bunga mengambang menggunakan kurva suku bunga yang tersedia pada akhir periode pelaporan untuk memproyeksikan arus kas bunga.

Furthermore, floating rate financial liabilities uses interest curve existing at the end of reporting period to project interest cash flows.

Tabel dibawah menunjukkan profil jatuh tempo liabilitas keuangan Bank berdasarkan arus kas kontraktrual tidak terdiskonto:

The table below shows the maturity profile of the Bank’s financial liabilities based on the contractual undiscounted cash flows:





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Liabilitas keuangan Financial liabilitiesTanpa suku bunga: Non-interest bearing

Liabilitas segera 2.967.330.086 - - - - 2.967.330.086 Liabilities payable immediatelyLiabilitas derivatif 2.245.822.322 5.239.686.306 14.066.808.699 1.718.660.305 - 23.270.977.632 Derivative payablesLiabilitas akseptasi 71.100.744.453 93.904.306.775 24.850.630.961 - - 189.855.682.189 Acceptance payablesLiabilitas lain-lain 1.045.347.558 - - - - 1.045.347.558 Other liabilities

Suku bunga variabel: Variable interest rateSimpanan 3.471.804.014.338 - - - - 3.471.804.014.338 DepositsPinjaman yang diterima 376.415.057.500 100.000.000.000 2.555.516.197.500 550.096.170.000 304.250.000 3.582.331.675.000 BorrowingsBiaya yang masih harus dibayar 7.151.442.214 7.873.839.922 18.056.121.414 6.723.912.228 - 39.805.315.778 Accrued expenses

Suku bunga tetap: Fixed interest rate:Simpanan 2.971.254.155.039 317.357.298.545 20.008.162.976 - - 3.308.619.616.560 DepositsSimpanan dari bank lain 305.570.269.585 60.850.000.000 - - - 366.420.269.585 Deposits from other banksPinjaman yang diterima 1.569.570.000 250.000.000.000 1.111.200.000 - - 252.680.770.000 BorrowingsSurat berharga yang diterbitkan - - - 450.000.000.000 - 450.000.000.000 Securities issued Biaya yang masih harus dibayar 23.949.681.500 13.031.870.627 29.647.404.121 59.052.708.333 - 125.681.664.581 Accrued expenses

Sub jumlah 7.235.073.434.595 848.257.002.175 2.663.256.525.671 1.067.591.450.866 304.250.000 11.814.482.663.307 Sub total

Liabilitas komitmen Commitment liabilitiesFasilitas kredit kepada nasabah

yang belum digunakan 526.939.459 19.906.932.273 98.706.494.605 - - 119.140.366.337 Unused credit facilities grantedIrrevocable letters of credit 47.562.565.256 212.212.721.875 26.709.683.010 - - 286.484.970.141 Irrevocable letters of credit

Sub jumlah liabilitas komitmen 48.089.504.715 232.119.654.148 125.416.177.615 - - 405.625.336.478 Sub total commitment liabilities

Liabilitas kontinjensi Contingent liabilitiesBank garansi yang diterbitkan 60.217.456.869 84.255.800.569 70.506.631.923 13.991.077.835 - 228.970.967.196 Bank guarantees issued

Sub jumlah liabilitas kontinjensi 60.217.456.869 84.255.800.569 70.506.631.923 13.991.077.835 - 228.970.967.196 Sub total contingent liabilities

Jumlah 7.343.380.396.179 1.164.632.456.892 2.859.179.335.209 1.081.582.528.701 304.250.000 12.449.078.966.981 Total

2013




Liabilitas keuangan Financial liabilitiesTanpa suku bunga: Non-interest bearing

Liabilitas segera 75.980.828.870 - - - - 75.980.828.870 Liabilities payable immediatelyLiabilitas derivatif 3.933.289.663 3.702.635.997 188.035.587 - - 7.823.961.247 Derivative payablesLiabilitas akseptasi 103.370.877.410 62.227.549.235 31.616.080.222 - - 197.214.506.867 Acceptance payablesLiabilitas lain-lain - 246.349.656 - 588.800.000 - 835.149.656 Other liabilities

Suku bunga variabel: Variable interest rateSimpanan 2.838.278.582.577 - - - - 2.838.278.582.577 DepositsPinjaman yang diterima 15.996.670.500 289.140.000.000 1.236.813.216.500 528.774.413.000 240.950.000 2.070.965.250.000 BorrowingsBiaya yang masih harus dibayar 1.324.417.453 3.599.521.273 16.638.715.563 5.249.598.415 - 26.812.252.704 Accrued expenses

Suku bunga tetap: Fixed interest rate:Simpanan 2.148.679.410.443 341.872.689.300 104.585.548.489 - - 2.595.137.648.232 DepositsSimpanan dari bank lain 847.900.018.785 - - - - 847.900.018.785 Deposits from other banksPinjaman yang diterima 325.987.083.850 - 5.405.197.200 252.588.593.200 - 583.980.874.250 BorrowingsSurat berharga yang diterbitkan - - 300.000.000.000 300.000.000.000 - 600.000.000.000 Securities issued Biaya yang masih harus dibayar 25.332.627.147 13.827.069.536 59.824.616.708 65.204.036.560 - 164.188.349.951 Accrued expenses

Sub jumlah 6.386.783.806.698 714.615.814.997 1.755.071.410.269 1.152.405.441.175 240.950.000 10.009.117.423.139 Sub total

Liabilitas komitmen Commitment liabilitiesFasilitas kredit kepada nasabah

yang belum digunakan 12.062.185.807 9.594.671.449 89.974.242.643 - - 111.631.099.899 Unused credit facilities grantedIrrevocable letters of credit 52.939.866.986 125.038.557.336 12.750.080.708 - - 190.728.505.030 Irrevocable letters of credit

Sub jumlah liabilitas komitmen 65.002.052.793 134.633.228.785 102.724.323.351 - - 302.359.604.929 Sub total commitment liabilities

Liabilitas kontinjensi Contingent liabilitiesBank garansi yang diterbitkan 30.642.921.060 64.562.212.042 81.655.808.341 10.270.824.234 - 187.131.765.677 Bank guarantees issued

Sub jumlah liabilitas kontinjensi 30.642.921.060 64.562.212.042 81.655.808.341 10.270.824.234 - 187.131.765.677 Sub total contingent liabilities

Jumlah 6.482.428.780.551 913.811.255.824 1.939.451.541.961 1.162.676.265.409 240.950.000 10.498.608.793.745 Total

2012

RISIKO PASAR MARKET RISK

Risiko pasar adalah risiko pada laporan keuangan dan rekening administratif termasuk transaksi derivatif, akibat perubahan secara keseluruhan dari kondisi pasar, termasuk risiko perubahan harga option.

Market risk is the risk at the statement of financial position and administrative accounts including derivative transaction, due to overall change of market condition, including the risk of option price change.





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Risiko pasar meliputi antara lain risiko suku bunga, risiko nilai tukar, risiko ekuitas, dan risiko komoditas. Risiko suku bunga, risiko nilai tukar, dan risiko komoditas dapat berasal baik dari posisi trading book maupun posisi banking book. Sedangkan risiko ekuitas berasal dari posisi trading book.

Market risk comprises interest rate risk, exchange rate risk, equity risk and commodity risk. Interest rate, exchange rate risk and commodity risk can be derived from both the trading book position and the banking book position. Meanwhile, the equity risk is derived from trading book position

Namun demikian, penerapan manajemen risiko untuk risiko ekuitas dan komoditas hanya wajib diterapkan oleh bank yang melakukan konsolidasian dengan entitas anak. Dan untuk posisi data 31 Desember 2013 dan 2012, Bank hanya memiliki risiko pasar untuk risiko suku bunga dan risiko nilai tukar saja.

However, risk management implementation for equity and commodity risks are only obligatory for banks which consolidates with its subsidiaries. And for data position as of December 31, 2013 and 2012, Bank only has exposure market risk just for interest risk and exchange risk only.

Tujuan utama Bank mengelola risiko pasar adalah untuk meminimalkan kemungkinan dampak negatif akibat perubahan kondisi pasar terhadap aset dan permodalan Bank.

The Bank’s main objective of managing market risk is to minimize the possibility of negative impact due to market condition change on the Bank’s assets and capital.

Dalam mengukur risiko pasar, selain menggunakan metode standard (standardized approach) sebagaimana diatur dalam peraturan Bank Indonesia yang berlaku, Bank juga menggunakan metode pengukuran internal (internal measurement approach) untuk menghitung Value at Risk (VaR) risiko pasar dengan historical simulation yang diperuntukkan untuk kebutuhan internal Bank. Adapun asumsi-asumsi yang digunakan dalam menghitung VaR adalah sebagai berikut:

In measuring market risk, beside Bank uses standardized approach as stipulated in the prevailing Bank Indonesia regulations, Bank also used the internal measurement approach to calculate Value at Risk (VaR) of market risk using the historical simulation which is addressed to Bank’s internal need. While for the assumptions that Bank used to calculate VaR are as follows:

Mata uang dasar adalah Rupiah. Base currency is Indonesian Rupiah. Tingkat kepercayaan yang digunakan adalah

99%. Confidence level that used is 99%.

Tail smoothing menggunakan Linear Interpolation.

Tail smoothing using linear interpolation

Holding period yang digunakan 10 hari. Holding period using 10 days

Bank menerapkan prosedur-prosedur tertentu dalam mengelola dan memantau risiko pasar, antara lain:

The Bank implements certain procedures in managing and overseeing market risk, including:

Memantau Posisi Devisa Neto (PDN) dengan menetapkan soft limit sebesar 90% x 20% x modal Bank, untuk memastikan bahwa Bank tidak melampaui limit PDN.

Monitoring Net Open Position (NOP) by setting the soft limit to 90% x 20% x Bank’s capital, to assure that Bank does not exceed the net open position.

Menyiapkan laporan repricing profile untuk

memantau dampak tingkat suku bunga terhadap gap position, termasuk laporan maturity/repricing schedule untuk memantau basis risk dan repricing risk terhadap pendapatan bunga bersih (net interest income) dan nilai ekonomis bank (economic value of equity).

Preparing repricing profile report to monitor the effects of interest rate on position gap, including maturity report/repricing schedule to monitor basis risk and repricing risk against net interest income and economic value of equity.

Melakukan rekonsiliasi posisi baik untuk pricing suku bunga maupun pengendalian akurasi keuntungan dan kerugian transaksi, yang dikelola dan dicatat dalam sistem informasi manajemen.

Performing position reconciliation both for interest rate pricing and control of transaction profit and loss accuracy, managed and recorded in management information system.

Menetapkan dan memantau dealer limit, counter party line limit, dan limit per time bucket/band.

Implementing and monitoring dealer limit, counterparty line limit and per time bucket/band limit.





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Memonitor kontrak transaksi hingga jatuh tempo dan melakukan penilaian kembali kredibilitas counterparty serta mencegah penempatan yang terkonsentrasi.

Monitoring transaction contract until maturity and reassessing counterparty’s credibility as well as preventing concentrated placement.

Menetapkan transaksi valuta asing dan pasar uang yang diperkenankan.

Setting the allowable exchange rate transaction and money market.

Melindungi nilai keuntungan dalam denominasi valuta asing dan biaya keuntungan/kerugian terhadap pergerakan yang berlawanan dari kurs valuta asing.

Protecting profit in foreign currency denomination and profit/loss cost against opposing movement of foreign currency.

Memantau potensi tingkat kerugian (value at risk) per holding period dan pada tingkat kepercayaan tertentu.

Monitoring value at risk per holding period and at certain confidence level.

Melakukan pemantauan terhadap kewajaran harga (suku bunga dan nilai tukar) terhadap harga pasar yang berlaku

Monitoring fairness price (interest rate and exchange rate) compared to prevailing market price.

Melakukan stress testing berdasarkan kejadian

historis maupun berdasarkan skenario pergerakan harga pasar yang ekstrim untuk memastikan kecukupan alokasi modal.

Running stress test based on historical events and extreme market price movement scenario to assure capital allocation adequacy.

1. Risiko nilai tukar 1. Exchange rate risk

Bank menghadapi risiko mata uang melalui transaksi dalam mata uang asing. Bank memantau setiap risiko konsentrasi dalam kaitannya dengan mata uang individu yang kemudian dihubungkan dengan penjabaran transaksi mata uang asing dan aset dan liabilitas moneter dalam mata uang fungsional, yaitu Rupiah.

The Bank faces currency risk in the transactions in foreign currency. The Bank monitors every concentration risk in relation to individual currency, which is then connected with the translation of the foreign currency transaction and assets as well as monetary liability in functional currency, i.e. Rupiah.

Posisi valuta asing bersih dengan mata uang utama pada tanggal 31 Desember 2013 dan 2012 seperti terlihat pada tabel berikut ini dihitung berdasarkan ketentuan Bank Indonesia yang berlaku. Sesuai dengan peraturan, setiap bank diwajibkan untuk memelihara agregat dan keseimbangan posisi devisa neto maksimum 20% dari modal.

The foreign currency net position against major currencies as of December 31, 2013 and 2012 is shown in the table below, calculated pursuant to the prevailing Bank Indonesia’s provisions. In line with the regulation, every bank is required to maintain its aggregate and balance of net open position of maximum 20% of the capital.

Sensitivitas nilai tukar

Foreign exchange (forex) sensitivity

Analisa sensitivitas nilai tukar diukur dengan kemampuan ekses modal Bank untuk menyerap kerugian potensial dari nilai tukar yaitu membuat asumsi perubahan/fluktuasi nilai tukar yang berlawanan arah dengan masing-masing posisi nilai tukar. Fluktuasi nilai tukar dipilih yang lebih tinggi antara asumsi fluktuasi masing-masing nilai tukar sebesar 15% atau fluktuasi berdasarkan data historis selama setahun kebelakang. Pada tahun 2013 dan 2012 ekses modal Bank mampu menutup risiko nilai tukar masing-masing sebesar 20 kali dan 164 kali. Hal ini disebabkan karena posisi devisa neto Bank yang sangat rendah sedangkan ekses modal Bank yang tinggi, sehingga Bank dinilai sangat tidak rentan terhadap pergerakan nilai tukar.

Foreign exchange (forex) sensitivity analysis is measured by the ability of the Bank’s excess capital to absorb potential forex losses by assuming that forex fluctuation will go adversely to each forex position. The forex fluctuation chosen is the higher of assumed forex fluctuation for each exchange rate of 15% or historical data for one year. In 2013 and 2012, the Bank’s excess capital was able to cover potential loss from forex risk 20 times and 164 times, respectively. This was because the Bank held a very low net open position, while its excess capital was very high; thus, the Bank is considered very unsusceptible to forex movements.





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Berdasarkan Peraturan Bank Indonesia (PBI) No. 5/13/PBI/2003 tanggal 17 Juli 2003, yang telah diubah dengan PBI No. 6/20/PBI/2004 tanggal 15 Juli 2004 dan diubah lagi dengan PBI No. 7/37/PBI/2005 tanggal 30 September 2005 dan yang terakhir dengan PBI No.12/10/PBI/2010 tanggal 1 Juli 2010, Bank wajib mengelola dan memelihara posisi devisa netonya setinggi-tingginya 20% dari modal termasuk posisi devisa neto setiap 30 menit sejak sistem treasuri Bank dibuka sampai dengan sistem treasuri Bank ditutup. Berdasarkan pedoman Bank Indonesia, “posisi devisa neto” merupakan penjumlahan dari nilai absolut atas selisih bersih aset dan kewajiban untuk setiap mata uang asing dan selisih bersih tagihan dan kewajiban, berupa komitmen dan kontinjensi di rekening administratif, untuk setiap mata uang, yang semuanya dinyatakan dalam Rupiah.

Pursuant to Bank Indonesia Regulation (PBI) No. 5/13/PBI/2003 dated July 17, 2003, as amended by PBI No. 6/20/PBI/2004 dated July 15, 2004 and then by PBI No. 7/37/PBI/2005 dated 30 September 2005 and the latest by PBI No. 12/10/PBI/2010 dated July 1, 2010, the Bank shall manage and maintain the net open position of maximum 20% of the capital including net open position every 30 minutes from the opening of the system to the closing of the Bank’s treasury system. According to Bank Indonesia guidelines, "net open position" is the sum of the absolute value of the net difference between assets and liabilities for each foreign currency and the net difference between the receivables and payables, in the form of commitments and contingencies at the administrative accounts, for each currency, which are all expressed in Rupiah.

Berikut rincian Posisi Devisa Netto Bank: The following is the Bank’s Net Foreign

Exchange Position:

Mata uang Mata uang Mata uang asing/ Ekuivalen (Rp)/ asing/ Ekuivalen (Rp)/ asing/ Ekuivalen (Rp)/

Foreign currency Equivalent in Rp Foreign currency Equivalent in Rp Foreign currency Equivalent in Rp

Dollar Amerika Serikat/United States Dollar 661.852.459 8.054.744.426.152 656.135.350 7.985.167.209.037 5.717.109 69.577.217.115

Poundsterling Inggris/British Poundsterling 17.559 353.119.977 - - 17.559 353.119.977

Yen Jepang/Japanese Yen 6.736.448.556 779.743.920.358 6.732.554.827 779.293.221.225 3.893.729 450.699.133

Dollar Hongkong/Hongkong Dollar 7.176 11.266.849 - - 7.176 11.266.849

Dollar Australia/Australian Dollar 6.360 69.047.470 1.294 14.045.583 5.066 55.001.887

Euro/Euro 1.943.626 32.573.222.295 1.943.432 32.569.976.352 194 3.245.943Dollar Singapura/

Singapore Dollar 1.316.016 12.662.709.624 1.320.982 12.710.486.234 4.966 47.776.610Baht Thailand

Thailand Baht/ 11.346.193 4.209.437.668 10.332.628 3.833.404.904 1.013.565 376.032.764

Jumlah/Total 8.884.367.150.393 8.813.588.343.335 70.874.360.278

Modal/Total Capital 1.947.992.483.711

*) Persentase PDN terhadap modal/Percentage of NOP to Capital 3,63%

2013

Mata uang/Currency

Assets and administrative asset accounts Liabilities and administrative liability accounts Bersih - absolut/Net absoluteLiabilitas dan liabilitas rekening administratif/Aset dan tagihan rekening administratif/





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Mata uang Mata uang Mata uang asing/ Ekuivalen (Rp)/ asing/ Ekuivalen (Rp)/ asing/ Ekuivalen (Rp)/

Foreign currency Equivalent in Rp Foreign currency Equivalent in Rp Foreign currency Equivalent in Rp

Dollar Amerika Serikat/United States Dollar 563.784.263 5.433.752.729.685 562.733.273 5.423.623.288.451 1.050.990 10.129.441.234

Poundsterling Inggris/British Poundsterling 14.658 227.413.595 - - 14.658 227.413.595

Yen Jepang/Japanese Yen 6.240.918.258 697.547.433.696 6.258.734.162 699.538.717.285 17.815.904 1.991.283.589

Dollar Hongkong/Hongkong Dollar 5.546 6.894.237 - - 5.546 6.894.237

Dollar Australia/Australian Dollar 10.127 101.343.791 1.306 13.067.841 8.821 88.275.950

Euro/Euro 3.500.045 44.562.578.033 3.500.994 44.574.657.645 949 12.079.612Dollar Singapura/

Singapore Dollar 1.580.508 12.452.820.641 1.580.329 12.451.408.961 179 1.411.680Baht Thailand

Thailand Baht/ 12.629.728 3.978.364.364 11.516.553 3.627.714.050 1.113.175 350.650.314Franc Swiss/

Swiss Franc 19.965 210.345.972 - - 19.965 210.345.972

Jumlah/Total 6.192.839.924.014 6.183.828.854.233 13.017.796.183

Modal/Total Capital 1.608.266.853.818

*) Persentase PDN terhadap modal/Percentage of NOP to Capital 0,81%

2012

Mata uang/Currency

Assets and administrative asset accounts Liabilities and administrative liability accounts Bersih - absolut/Net absoluteLiabilitas dan liabilitas rekening administratif/Aset dan tagihan rekening administratif/

*) Sesuai dengan peraturan Bank Indonesia, perhitungan persentase Posisi Devisa Neto terhadap modal menggunakan modal bulan sebelumnya.

Batas nilai (absolut) Posisi Devisa Neto yang diperkenankan pada tanggal 31 Desember 2013 dan 2012 masing-masing sebesar Rp 389.598 juta dan Rp 321.653 juta. Pada tanggal 31 Desember 2013 dan 2012 tidak terdapat pelampauan dari batas nilai (absolut) yang diperkenankan oleh Bank Indonesia.

Persentase Posisi Devisa Neto terhadap modal pada tanggal 31 Desember 2013 dan 2012 menggunakan modal pada tanggal yang sama masing-masing sebesar 3,58% dan 0,80%.

*) According to Bank Indonesia regulations, the previous month’s capital should be used in the calculation of the percentage of Net Open Position to Capital.

The maximum limit of Net Open Position (absolute) as of December 31, 2013 and 2012 amounted to Rp 389,598 million and Rp 321,653 million, respectively. The Bank’s Net Open Position as of December 31, 2013 and 2012 did not exceed the maximum limit allowed by Bank Indonesia.

The percentages of Net Open Position to capital as of December 31, 2013 and 2012 using capital as of the same dates are 3.58% and 0.80%, respectively.

2. Risiko Suku Bunga 2. Interest Rate Risk

Risiko suku bunga dalam banking book adalah potensi kerugian yang timbul akibat pergerakan suku bunga di pasar berlawanan dengan posisi bank yang mengandung risiko suku bunga khususnya posisi buku bank terhadap potensi profitabilitas bank (earning perspective) yang bersifat jangka pendek (kurang dari 1 tahun) maupun nilai ekonomis dari ekuitas bank (economic value perspective) yang bersifat jangka panjang (lebih dari 1 tahun).

Interest rate risk in the banking book is the potential loss arising from movements in interest rates in the market opposing the bank’s position that contains interest rate risk, especially banking book position against the short term (less than 1 year) potential profitability of banks (earnings perspective) and long term (more than 1 year) economic value perspective.

Kegiatan operasional Bank akan terpapar risiko pergerakan suku bunga apabila aset produktif (termasuk investasi) dan liabilitas yang sensitif terhadap suku bunga jatuh tempo atau di-reprice pada waktu yang berbeda atau dalam jumlah yang berbeda. Dalam hal aset dan liabilitas suku bunga mengambang, Bank juga menghadapi basis risk, yaitu perbedaan dari proses repricing terhadap berbagai tingkat suku bunga acuan mengambang, seperti suku bunga deposito, SBI enam bulan, JIBOR satu bulan, SIBOR enam bulan dan berbagai jenis suku

Bank’s operations will be exposed to the risk of interest rate movements if earning assets (including investments) and liabilities that are sensitive to maturity of interest rate or are repriced at different times or in different amounts. In terms of assets and liabilities of floating rate, the Bank also faces a basis risk, i.e. the difference between the repricing and various floating rate benchmark, such as deposit rates, six-month SBI, one month JIBOR, six-month SIBOR and various types of interest rates.





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bunga. Kegiatan manajemen risiko dimaksudkan untuk mengoptimalkan pendapatan bunga bersih, sehingga tingkat bunga pasar konsisten dengan strategi bisnis Bank.

Risk management activities are intended to optimize net interest income, so the market interest rate is consistent with the Bank's business strategy

Untuk meminimalkan dampak perubahan suku bunga terhadap pendapatan Bank, Bank berupaya mengurangi kesenjangan antara risiko aset sensitif (RSA) dan risiko liabilitas sensitif (RSL). Jika suku bunga bergerak secara paralel pada aset dan pada liabilitas, Bank tidak terlalu terkena risiko suku bunga.

To minimize the impact of changes in interest rates on bank earnings, the Bank seeks to reduce the gap between risk sensitive assets (RSA) and risk sensitive liabilities (RSL). If interest rates move in parallel with the assets and liabilities, the Bank is not too much exposed to interest rate risk.

RSA Bank didominasi oleh kredit dan penempatan pada Bank Indonesia, dan RSL didominasi oleh dana pihak ketiga (giro dan deposito berjangka).

Bank’s RSA is dominated by loan and placements in Bank Indonesia, and RSL is dominated by the third party funds (demand deposits and time deposits).

Repricing profile aset dan liabilitas Bank yang sensitif terhadap suku bunga dan diurutkan berdasarkan rentang waktu suku bunga tersebut akan di-repricing (untuk floating rate) atau tanggal jatuh temponya (untuk fixed rate) dijelaskan pada Catatan 37.

Repricing profile of the assets and liabilities that were sensitive to interest rate sorted according to its periodic repricing for floating rates and by its tenor for fixed rates is described in Note 37.

Sensitivitas Suku Bunga Interest rate sensitivity

Dalam pengelolaan risiko suku bunga, Bank menggunakan metodologi repricing schedule/gap report yang digunakan untuk menggambarkan besarnya eksposur risiko suku bunga, sedangkan untuk mengukur sensitivitas pendapatan (Net Interest Income Sensitivity / NII Sensitivity) akibat pergerakan suku bunga, Bank melakukan simulasi dengan skenario kenaikan dan penurunan suku bunga (rate shock) secara parallel shift sebesar 100 basis points (bps) tetap untuk semua periode waktu.

In managing interest rate risk, the Bank is using a repricing schedule/gap report to describe the level of interest rate risk exposure, while to measure the sensitivity of earnings (Net Interest Income Sensitivity/NII Sensitivity) due to movements in interest rates, Bank simulates the scenario of volatile interest rates (rate shock) in parallel shift with fix rate 100 basis points (bps) for all time bucket.

Tabel berikut menyajikan dampak dari kemungkinan perubahan tingkat suku bunga terhadap pendapatan bunga bersih.

The following table setforth the impact of reasonable possible changes in the interest rates on net inrerest income.

Kenaikan/(penurunan pada basis

poin/Increase (decrease) in basis

points

Sensitivitas dari laba (rugi) sebelum pajak

2013/Sensitivity of profit (loss) before tax for 2013

Rp

Asumsi pergerakan suku bunga +100 bps 42.469.386.712 Assumption of parallel shift interest rate-100 bps (42.469.386.712)

2013

Kenaikan/(penurunan pada basis

poin/Increase (decrease) in basis

points

Sensitivitas dari laba (rugi) sebelum pajak

2012/Sensitivity of profit (loss) before tax for 2012

Rp

Asumsi pergerakan suku bunga +100 bps 36.729.920.574 Assumption of parallel shift interest rate-100 bps (36.729.920.574)

2012





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Analisa sensitivitas suku bunga diukur dengan kemampuan ekses modal Bank untuk menyerap kerugian potensial dari pergerakan suku bunga, yaitu dengan membuat asumsi perubahan/fluktuasi suku bunga. Fluktuasi suku bunga yang dipilih adalah yang lebih tinggi antara asumsi fluktuasi masing-masing suku bunga laporan posisi keuangan rupiah sebesar 100 bps dan laporan posisi keuangan valas sebesar 100 bps atau fluktuasi berdasarkan data historis selama setahun ke belakang. Pada tahun 2013 dan 2012, ekses modal Bank mampu menutup risiko suku bunga masing-masing sebesar 3,08 kali dan 3,04 kali.

Interest rate sensitivity analysis is measured by the ability of Bank’s excess capital to absorb potential interest rates movements losses, by making the assumption of changes /fluctuations in interest rates. Fluctuations in interest rate to be chosen is the higher between the fluctuation assumptions of each rupiah statement of financial position interest rate of 100 bps and foreign currency statement of financial position of 100 bps or fluctuations based on historical data from prior year. In 2013 and 2012, excess capital could cover the Bank interest rate risk by 3.08 times and 3.04 times, respectively.

Tingginya coverage ekses modal terhadap sensitivitas suku bunga menunjukkan bahwa Bank sangat tidak rentan terhadap pergerakan suku bunga.

The high coverage of excess capital against the sensitivity of interest rates shows that the Bank is not vulnerable to interest rate movements.

Risiko Pasar - VaR Market Risk - VaR Berikut adalah rangkuman posisi VaR Bank yang berasal dari portofolio trading sebagai berikut:

A summary of the VaR position of the trading portfolio of the Bank is as follows:

Rata-rata/ Tertinggi/ Terendah/ VaR akhir tahun/ Rata-rata/ Tertinggi/ Terendah/ VaR akhir tahun/Average Maximum Minimum Year-End VaR Average Maximum Minimum Year-End VaR

Rp Rp Rp Rp Rp Rp Rp Rp

Suku bunga 262.440.404 816.178.621 56.857.533 668.404.839 64.815.999 310.173.904 26.151.903 145.075.740 Interest rateNilai tukar 10.968.000.733 28.566.737.998 472.386.199 9.280.012.942 6.938.332.627 15.103.956.058 233.023.536 3.716.145.591 Foreign exchange

2013 2012

RISIKO OPERASIONAL OPERATIONAL RISK

Risiko operasional adalah risiko akibat ketidakcukupan dan/atau tidak berfungsinya proses internal, kesalahan manusia, kegagalan sistem, dan/atau adanya kejadian-kejadian eksternal yang mempengaruhi operasional Bank.

Operational risk is the risk due to inadequacy and/or non-functioning of internal processes, human error, system failure, and/or the presence of external events affecting the operations of the Bank.

Risiko operasional dapat bersumber antara lain dari sumber daya manusia (SDM), proses internal, sistem dan infrastruktur, serta kejadian eksternal.

Operational risk can be derived among others from the human resources (HR), internal processes, systems and infrastructure, as well as external events.

Tujuan utama Bank mengelola risiko operasional adalah untuk meminimalkan kemungkinan dampak negatif dari tidak berfungsinya proses internal, kesalahan manusia, kegagalan sistem, dan/atau kejadian-kejadian eksternal.

The main purpose of managing the Bank's operational risk is to minimize the possible negative impact of non-functioning of internal processes, human error, system failure, and/or external events.

Prosedur untuk mengatasi risiko operasional meliputi:

Procedures to address operational risk include :

Menetapkan kebijakan reward termasuk

remunerasi dan punishment yang efektif yang terintegrasi dalam sistem penilaian kinerja dalam rangka mendukung pelaksanaan manajemen risiko yang optimal.

Establish policies including remuneration rewards and punishments which are effectively integrated in the performance appraisal system in order to support the optimal implementation of risk management.

Memberlakukan kode etik kepada seluruh

pegawai pada setiap jenjang organisasi dan menerapkan sanksi secara konsisten kepada pejabat dan pegawai yang terbukti melakukan penyimpangan dan pelanggaran.

Adopt a code of conduct to all employees at every level of organization and to consistently apply sanctions to the officials and employees who are found guilty of misdemeanor and violations.





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Membangun Business Continuity Management (BCM), yaitu proses manajemen (protokol) terpadu dan menyeluruh untuk memastikan kelangsungan operasional Bank dalam menjalankan bisnis dan melayani nasabah.

Build a Business Continuity Management (BCM), which is the integrated and comprehensive management process (protocol) to ensure continuity of operations of the Bank in conducting business and serving customers.

Memastikan bahwa Bank telah menerapkan kebijakan prinsip mengenal nasabah dengan melakukan Customer Due Dilligence (CDD) atau Enhanced Due Dilligence (EDD) secara berkala dan konsisten sesuai dengan eksposur Risiko Operasional.

Ensure that the Bank has implemented a policy to carry out the know your customer principles of Customer Due Diligence (CDD) or Enhanced Due Diligence (EDD) regularly and consistently in accordance with the Operational Risk exposures.

Mengumpulkan data risiko operasional untuk

memperbaiki aktivitas operasional.

Collect operational risk data to improve operational activities.

Mengetahui sumber kerugian operasional potensial sehingga memungkinkan Bank untuk mengambil tindakan pencegahan yang diperlukan.

Know the source of potential operational losses, so as allowing the Bank to take necessary precautions.

Melakukan identifikasi risiko yang melekat pada

tiap kegiatan operasional melalui penilaian risiko kendali operasional.

Identify the risks inherent in each operational activity through operational control risk assessment.

Penilaian secara berkala terhadap risiko

operasional yang dihadapi serta kecukupan kontrol dan prosedur untuk mengatasi risiko yang teridentifikasi.

Periodically assess operational risks faced and the adequacy of controls and procedures to address the identified risks.

Pengembangan rencana kontinjensi untuk

memitigasi risiko operasional. Develop contingency plans to mitigate

operational risk.

Pelatihan dan pengembangan profesional untuk seluruh karyawan

Conduct training and professional development for all employees.

Melakukan identifikas risiko operasional melalui

Operational Risk Self Assessment (ORSA) secara berkala.

Identify operational risk through periodical Operational Risk Self Assessment (ORSA).

RISIKO REPUTASI REPUTATION RISK

Risiko reputasi adalah risiko akibat menurunnya tingkat kepercayaan pemangku kepentingan (stakeholder) yang bersumber dari persepsi negatif terhadap Bank.

Reputation risk is the risk due to declining levels of stakeholders’ trust, which is derived from the negative perception toward the Bank.

Risiko reputasi dapat bersumber dari berbagai aktivitas bisnis Bank sebagai berikut :

Reputation risk can be sourced from the Bank's business activities as follows:

kejadian-kejadian yang telah merugikan

reputasi Bank, misalnya pemberitaan negatif di media massa, pelanggaran etika bisnis, dan keluhan nasabah; atau

events that are detrimental to the reputation of the Bank, for example, negative news in the media, violations of business ethics, and customer complaints; or

hal-hal lain yang dapat menyebabkan risiko

reputasi, misalnya kelemahan-kelemahan pada tata kelola, budaya perusahaan, dan praktik bisnis Bank

other things that can give rise to reputation risk, such as weaknesses in corporate governance, corporate culture and business practices of Bank

Tujuan utama Bank mengelola risiko reputasi adalah untuk mengantisipasi dan meminimalkan dampak kerugian dari risiko reputasi Bank.

The Bank's main purpose of managing the reputation risk is to anticipate and minimize the risk of loss from the Bank's reputation.





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Prosedur untuk mengatasi risiko reputasi meliputi: The procedures to address reputation risk include:

Mengidentifikasi risiko reputasi yang terjadi

pada bisnis atau aktivitas unit tersebut dan sebagai front liner dalam membangun dan mencegah risiko reputasi, khususnya terkait hubungan dengan nasabah.

Identify reputation risk that occurs on a business or the activity of the unit and being a front liner in building and preventing the reputation risk, especially regarding the relationship with the customer.

Menetapkan parameter risiko reputasi dan mitigasi dalam pengelolaan risiko reputasi.

Establish reputation risk parameters and mitigation in management of reputation risk.

Menetapkan kebijakan dan prosedur komunikasi untuk memastikan penyampaian pesan yang konsisten dan liputan media serta komunikasi massa yang positif.

Establish policies and communication procedures to ensure delivery of consistent messages and positive mass media coverage and communication.

Melakukan monitoring terhadap berita di media, khususnya berita negatif mengenai Bank dan mengambil langkah-langkah yang diperlukan untuk meminimalkan dampak dari pemberitaan tersebut.

Conduct monitoring of the media news, especially the negative news about the Bank and take the necessary steps to minimize the impact of the news.

Melaksanakan evaluasi secara harian atas

risiko reputasi yang dihadapi Bank dan dituangkan dalam suatu Laporan Media Monitoring. Pengelolaan risiko reputasi ini secara komprehensif dilakukan oleh Bagian Planning, termasuk menjalankan fungsi kehumasan dan merespons pemberitaan negatif atau kejadian lainnya yang mempengaruhi reputasi Bank dan dapat menyebabkan kerugian Bank.

Carry out a daily evaluation of the reputation risks facing the Bank and this is set forth in the Media Monitoring Report. This management of reputational risk is comprehensively undertaken by Planning Division, including the public relations function and responding to negative news or other events affecting the Bank's reputation and may lead to loss of the Bank.

Memantau penyelesaian komplain nasabah dan

mengkomunikasikan informasi yang dibutuhkan pemangku kepentingan: investor, nasabah, kreditur, asosiasi, dan masyarakat.

Monitor completion of customer complaints and communicate the information required by the stakeholders: investors, customers, creditors, associations, and societies.

Melakukan pencegahan terjadinya kejadian

yang menimbulkan risiko reputasi, yang secara umum dilakukan melalui serangkaian aktivitas seperti tanggung jawab sosial perusahaan (Corporate Social Responsibility), untuk pemberdayaan masyarakat dalam bentuk kegiatan ekonomi/sosial yang diharapkan dapat membangun reputasi positif dari pemangku kepentingan terhadap Bank dan melakukan komunikasi/edukasi secara rutin kepada pemangku kepentingan dalam rangka membentuk reputasi positif dari pemangku kepentingan.

Prevent events that lead to the occurrence of reputation risk, which is generally performed through a series of activities such as Corporate Social Responsibility, for community empowerment in the form of economic/social activity which is expected to build a positive reputation of the Bank and stakeholders and build communication/education on a regular basis to stakeholders in order to establish a positive reputation of stakeholders.

RISIKO KEPATUHAN COMPLIANCE RISK

Resiko kepatuhan merupakan risiko yang disebabkan Bank tidak mematuhi atau tidak melaksanakan peraturan perundang-undangan dan ketentuan lain yang berlaku.

Compliance risk is the risk from non-compliance of Bank to implement laws and other applicable provisions.

Risiko kepatuhan dapat bersumber antara lain dari penyimpangan atau pelanggaran dari ketentuan atau peraturan perundang-undangan yang berlaku dan dari standar yang berlaku secara umum.

Compliance risk can be derived from, among others, violation of the Bank’s prevailing provisions or regulations and from defiance or contradiction of the generally applicable standards.





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Tujuan utama Bank dalam mengelola risiko kepatuhan adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari perilaku Bank yang menyimpang atau melanggar standar yang berlaku secara umum, ketentuan dan/atau peraturan perundang-undangan yang berlaku.

Bank’s main objective in managing compliance risk is to ensure that the risk management process can minimize the possible negative impact of bank behavior that deviates or violates generally accepted standards, rules and/or prevailing regulations.

Prosedur untuk mengatasi risiko kepatuhan meliputi:

Procedures to address compliance risks include:

Merumuskan strategi guna mendorong

terciptanya budaya kepatuhan dan membuat langkah-langkah dalam rangka mendukung terciptanya budaya kepatuhan pada seluruh kegiatan usaha Bank pada setiap jenjang organisasi.

Formulate a strategy to encourage the creation of a culture of compliance and make the steps in order to support the creation of a culture of compliance in all activities of the Bank at every level of organization.

Memastikan bahwa seluruh kebijakan, ketentuan, sistem, dan prosedur, serta kegiatan usaha yang dilakukan Bank telah sesuai dengan peraturan perundang-undangan yang berlaku melalui proses review dan/atau merekomendasikan pengkinian dan penyempurnaan kebijakan, ketentuan, sistem, maupun prosedur yang dimiliki oleh Bank agar sesuai dengan ketentuan Bank Indonesia dan peraturan perundang-undangan yang berlaku.

Ensure that all policies, rules, systems and procedures, as well as business activities of the Bank are in compliance with applicable legislation through the process of review and/or recommend updating and improvement of policies, rules, systems and procedures of the Bank to comply with the prevailing Bank Indonesia provisions and the legislation.

Peran pengendalian intern yang efektif, melalui

petugas kepatuhan yang independen yang ada di setiap unit. Petugas kepatuhan bertanggung jawab kepada Direktur Kepatuhan, bukan kepada Unit di mana mereka ditugaskan.

Play role of effective internal control, by an independent compliance officer in each unit. Compliance officers are responsible to the Director of Compliance, rather than to the Unit in which they are assigned.

Melakukan penilaian atas tingkat kepatuhan

Bank terhadap peraturan Bank Indonesia dan perundang-undangan yang berlaku.

Conduct an assessment of Bank’s level of compliance with the prevailing Bank Indonesia regulations and legislation.

Menetapkan kebijakan dan prosedur risiko

kepatuhan, sebagai pedoman kerja dalam manajemen risiko kepatuhan.

Establish policies and procedures of compliance risks, as the work guidelines in the management of compliance risk.

Mengkomunikasikan setiap kebijakan

perusahaan kepada seluruh karyawan pada setiap jenjang organisasi dengan mengadakan sosialisasi atau menyampaikannya melalui media Intranet, serta mengadakan uji kepatuhan dan menerapkan compliance check sheet.

Communicate any company policy to all employees at every level of organization with socialization or Intranet, and run a compliance test and implement a compliance check sheet.

RISIKO HUKUM LEGAL RISK

Risiko hukum adalah risiko akibat tuntutan hukum dan/atau kelemahan aspek yuridis.

Legal risk is the risk due to lawsuits and / or weaknesses of juridical aspects.

Risiko hukum dapat bersumber antara lain dari kelemahan aspek yuridis yang disebabkan oleh lemahnya perikatan yang dilakukan oleh Bank, ketiadaan dan/atau perubahan peraturan perundang-undangan yang menyebabkan suatu transaksi yang telah dilakukan Bank menjadi tidak sesuai dengan ketentuan yang ada, dan proses litigasi baik yang timbul dari gugatan pihak ketiga terhadap Bank maupun Bank terhadap pihak ketiga.

The sources of legal risk include weakness of the juridical aspects that is caused by Bank’s lack of commitment, absence and/or changes in legislation which lead to a transaction that the Bank has conducted which is not in accordance with the existing provisions, and a litigation process whether arising from third-party’s lawsuit against the Bank or the Bank’s against any third party.





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Tujuan utama Bank dalam mengelola risiko hukum adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari kelemahan aspek yuridis, ketiadaan dan/atau perubahan peraturan perundang-undangan, dan proses litigasi.

Bank’s main objective of the managing legal risk is to ensure that the risk management process can minimize the possible negative impact of the weakness of the juridical aspect, absence and/or changes in legislation, and litigation.

Prosedur untuk mengatasi risiko hukum meliputi: The procedures to address the legal risks include: Melakukan pengukuran risiko hukum, dengan

menggunakan beberapa paramater yang sesuai dengan kondisi Bank, antara lain berupa potensi kerugian akibat tuntutan litigasi, pembatalan perjanjian yang disebabkan oleh kelemahan perikatan, terjadinya perubahan peraturan perundang-undangan yang menyebabkan produk Bank menjadi tidak sejalan dengan ketentuan yang ada.

Measure legal risk, using some of the parameters corresponding to the condition of the Bank, which include potential losses due to the demands of litigation, the cancellation of the agreement caused by the weakness of the engagement, a change in legislation that causes the Bank’s product being not in line with the existing provisions.

Melakukan kajian berkala terhadap dokumen hukum, perjanjian dan kontrak dengan pihak ketiga serta mengevaluasi kelemahan perjanjian yang dapat menimbulkan risiko hukum bagi Bank.

Conduct periodic review of legal documents, agreements and contracts with third-party and evaluate agreement’s weaknesses that can lead to legal risks for banks.

Melakukan penilaian atas risiko hukum

berdasarkan dari besarnya gugatan, perkara yang sudah atau mungkin disampaikan ke Bank.

Conduct an assessment of legal risks based on the size of the lawsuit, the case which has been or may be brought against the Bank.

Menetapkan kebijakan dan prosedur

pengelolaan risiko hukum. Establish policies and procedures for the

management of legal risks.

Menerapkan legal governance, legal consistency dan legal completeness dalam setiap aktivitas Bank.

Apply legal governance, legal consistency, and legal completeness in every activity of the Bank.

Membentuk satuan kerja berupa unit yang berperan sebagai “legal watch,” yaitu, “unit legal” yang menyediakan analisis atau nasihat hukum kepada seluruh pegawai pada setiap jenjang organisasi.

Establish a work unit, which is a "legal watch" unit, meaning the "legal unit" which provides analytical or legal advice to all employees at every level of organization.

RISIKO STRATEJIK STRATEGIC RISK Risiko stratejik adalah risiko akibat ketidaktepatan dalam pengambilan dan/atau pelaksanaan suatu keputusan stratejik serta kegagalan dalam mengantisipasi perubahan lingkungan bisnis.

Strategic risk is the risk which is due to inaccurate formulation and/or implementation of a strategic decision and the failure in anticipating the changes in business environment.

Tujuan utama Bank dalam mengelola risiko stratejik adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari ketidaktepatan pengambilan keputusan stratejik dan kegagalan dalam mengantisipasi perubahan lingkungan bisnis.

The main purpose of the Bank in managing strategic risk is to ensure that the risk management process can minimize the possible negative impact of inaccurate strategic decision-making and failure in anticipating the changes in business environment.





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Prosedur untuk mengatasi risiko stratejik meliputi: The procedures to address the strategic risks include:

Melakukan identifikasi sumber-sumber risiko

stratejik, seperti kelemahan dalam proses formulasi strategi dan ketidaktepatan dalam perumusan strategi, sistem informasi manajemen yang kurang memadai, hasil analisa lingkungan internal dan eksternal yang kurang memadai, penetapan tujuan stratejik yang terlalu agresif, ketidaktepatan dalam implementasi strategi, dan kegagalan mengantisipasi perubahan lingkungan bisnis.

Identify the sources of strategic risks, such as weaknesses in the strategy formulation process and inaccuracies in the formulation of strategy, inadequate management information system, the results of inadequate internal and external environmental analysis, setting of too aggressive strategic goals, inaccuracy in the strategy implementation, and failure in anticipating the changing business environment.

Melakukan pengukuran risiko stratejik

menggunakan indikator atau parameter berupa tingkat kompleksitas strategi bisnis Bank, posisi bisnis Bank di industri perbankan, dan pencapaian rencana bisnis.

Conduct strategic risk measurement using indicators or parameters of the complexity of the Bank's business strategy, Bank’s business position in the banking industry, and the achievement of business plan.

Melakukan pengendalian untuk memantau

kinerja termasuk kinerja keuangan dengan cara membandingkan ‘hasil aktual’ dengan ‘hasil yang diharapkan’ untuk memastikan bahwa risiko yang diambil masih dalam batas toleransi dan melaporkan deviasi yang signifikan kepada Direksi.

Implement controls to monitor performance including financial performance by comparing 'actual results' with 'expected results' to ensure that risks are taken within the limits of tolerance and report the significant deviation to the Board of Directors.

Menunjuk unit kerja tertentu (Bagian Planning) yang memiliki kewenangan dan tanggung jawab untuk menganalisa pencapaian aktual dibandingkan dengan target rencana bisnis yang disusun, termasuk melakukan kajian atas rencana bisnis yang sudah dibuat sesuai dengan kondisi internal Bank maupun kondisi eksternal secara umum, seperti kondisi makro ekonomi.

Designate a specific work unit (Planning Division) which has the authority and responsibility to analyze the actual achievements as compared with the drawn up business plan targets, this includes a review of the business plan to check whether this has been prepared in accordance with the Bank’s internal condition and the general external conditions, such as macro economy conditions.

Menganalisa seluruh alternatif strategi yang tersedia setelah mempertimbangkan tujuan stratejik serta toleransi risiko Bank. Kedalaman dan cakupan analisa disesuaikan dengan skala dan kompleksitas kegiatan usaha Bank.

Analyze all strategic alternatives available after taking into account Bank’s strategic objectives and risk tolerance. Depth analysis and coverage are adjusted to the scale and complexity of Bank operations.

41. INFORMASI SIGNIFIKAN LAINNYA 41. OTHER SIGNIFICANT INFORMATION

a. Manajemen Modal a. Capital Management

Perhitungan rasio Kewajiban Penyediaan Modal Minimum (KPMM) untuk tahun 2013 dan 2012 dilakukan sesuai dengan Peraturan Bank Indonesia No. 14/18/PBI/2012 tanggal 28 Nopember 2012 dan juga Peraturan Bank Indonesia No. 15/12/PBI/2013 tanggal 12 Desember 2013, untuk tahun 2012 dilakukan sesuai dengan Peraturan Bank Indonesia No. 14/18/PBI/2012 tanggal 28 Nopember 2012.

The capital adequacy ratio in 2013 and 2012 is calculated in accordance with the Bank Indonesia Regulation No. 14/18/PBI/2012 dated November 28, 2012 and also Bank Indonesia Regulation No. 15/12/PBI/2013 dated December 12, 2013, for year 2012 is calculated in accordance with the Bank Indonesia Regulation No. 14/18/PBI/2012 dated November 28, 2012.

Perhitungan rasio Kewajiban Penyediaan modal minimum (KPMM) dilakukan sesuai dengan Surat Edaran Bank Indonesia No.14/37/DPNP tanggal 27 Desember 2012, Surat Edaran Bank Indonesia No. 3/30/DPNP tanggal 14 Desember 2001, Surat Edaran Bank Indonesia No. 5/23/DPNP tanggal 29 September 2003 dan Surat Edaran Bank Indonesia No. 12/11/DPNP tanggal 31 Maret 2010.

The capital adequacy ratio was calculated in accordance with the Circular Letter of Bank Indonesia No. 14/37/DPNP dated December 27, 2012, the Circular Letter of Bank Indonesia No. 3/30/DPNP dated December 14, 2001, the Circular Letter of Bank Indonesia No. 5/23/DPNP dated September 29, 2003 and the Circular Letter of Bank Indonesia No. 12/11/DPNP dated March 31, 2010.





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Untuk posisi Desember 2013, Perhitungan rasio Kewajiban Penyediaan modal minimum (KPMM) sesuai profil risiko dengan Surat Edaran Bank Indonesia No.14/37/DPNP tanggal 27 Desember 2012, Bank wajib memenuhi rasio kewajiban modal minimum sebesar minimum 9% sampai dengan 10% sesuai dengan penilaian profi risiko yang Bank.

For position as of December 2013, the calculation of minimum capital requirement based on risk profile with the circular letter of Bank Indonesia No. 14/37/DPNP dated December 27, 2012, Bank obliged to maintain minimum capital adequacy ratio by minimum 9% up to 10% based on Bank risk profile assessment.

Rasio kewajiban penyediaan modal Bank dengan memperhitungkan risiko kredit, risiko operasional dan risiko pasar pada tanggal 31 Desember 2013 dan 2012 adalah sebagai berikut:

The Bank’s capital adequacy ratio with consideration for credit, operational and market risks as of December 31, 2013 and 2012 are as follows:

2013 2012Rpjuta/ Rpjuta/

Rpmillion RpmillionI. Komponen Modal I. Composition of Capital

A. Modal Inti A. Core Capital1. Modal Disetor 285.000 285.000 1. Paid-up Capital2. Cadangan Tambahan Modal 2. Additional Capital Reserves

a. Tambahan Modal Disetor 116.788 116.788 a. Additional Paid-in Capitalb. Cadangan umum 1.407.441 1.049.211 b. General Reservesc. Saldo laba yang tidak ditentukan penggunaannya setelah c. Unappropriated retained diperhitungkan pajak (100%)*) - 51.349 earnings after tax (100%)*)d. Laba tahun berjalan setelah d. Current year's income after diperhitungkan pajak (50%)*) 256.740 139.690 tax (50%)*)e. Selisih transaksi perubahan e. Difference from equity changes

ekuitas anak perusahaan - - on subsidiaryf. Difference betw een provision

f. Selisih kurang antara PPA dan for posible asset loss and cadangan kerugian penurunan provision for impairmentnilai aset produktif (148.931) (117.956) value of earning assets

g. Aset tidak berw ujud lainnya - - g. Other intangible assetsh. Penyertaan (50%) (21.114) (21.114) h. Investment (50%)Jumlah 1.895.924 1.502.968 Total

B. Modal Pelengkap B. Supplementary Capital(Maksimum 100% dari Modal Inti) (Maximum of 100% of Core Capital)

1. Revaluation Increment on Premises 1. Cadangan Revaluasi Aset tetap - 49.336 and Equipment2. Cadangan Umum Penyisihan 2. General Reserves of Allow ance

Penghapusan Aset Produktif/PPAP for Possible Losses on Earning Assets(maksimum 1,25% dari ATMR) 103.400 87.001 (maximum of 1.25% of ATMR)

2. Penyertaan (50%) (21.114) (21.114) 3. Investments in shares of stockJumlah 82.286 115.223 Total

II. Total Modal Inti dan Modal Pelengkap 1.978.210 1.618.191 II. Total Core and Supplementary CapitalIII. Penyertaan - - III. Investments in shares of stockIV. Total Modal 1.978.210 1.618.191 IV. Total CapitalV. Aset Tertimbang Menurut Risiko (ATMR) V. Risk Weighted Assets (ATMR)

Untuk risiko kredit 10.114.712 8.767.911 For credit risk

Untuk risiko operasional 811.580 730.167 For operational risk

Untuk risiko pasar 91.217 12.870 For market risk





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2013 2012Rpjuta/ Rpjuta/

Rpmillion RpmillionVI. Rasio Kew ajiban Penyediaan Modal

Minimum yang tersedia (%) VI. Capital Adequacy Ratio (%)KPMM dengan memperhitungkan

risiko kredit dan operasional 18,11% 17,04% CAR w ith credit and operational riskKPMM dengan memperhitungkan CAR w ith credit, operational and

risiko kredit, operasional dan pasar 17,96% 17,01% market risk

VII. Rasio Kew ajiban Penyediaan Modal VII. Minimum Capital Adequacy Ratio Minimum yang diw ajibkan (%) 8% 8% Required (%)

*) Tidak termasuk pengaruh pajak tangguhan *) Excludes effect of deferred taxes

Rasio kewajiban penyediaan modal minimum Bank secara konsolidasian pada tanggal 31 Desember 2013 dan 2012 dengan memperhitungkan risiko kredit dan operasional masing-masing adalah 18,40% dan 17,34% dan dengan memperhitungkan risiko kredit, operasional dan pasar masing-masing adalah 18,25% dan 17,31%.

Bank’s minimum capital adequacy ratio on consolidated basis as at December 31, 2013 and 2012 after considering credit and operational risk is 18.40% and 17.34%, respectively, and after considering credit, operational and market risk is 18.25% and 17.31%, respectively.

Surat Edaran Bank Indonesia No. 8/27/DPNP tanggal 27 Nopember 2006 tentang prinsip kehati-hatian dan laporan dalam rangka penerapan manajemen risiko secara konsolidasian bagi bank yang melakukan pengendalian terhadap entitas anak, mewajibkan bank di Indonesia memperhitungkan Kewajiban Penyediaan Modal Minimum (KPMM) secara konsolidasian.

Circular Letter of Bank Indonesia No. 8/27/DPNP dated November 27, 2006 regarding prudence and report in connection with the implementation of consolidated risk management for banks which controlled the subsidiary, requires banks in Indonesia to calculate consolidation Capital Adequacy Ratio.

b. Rasio Aset produktif yang diklasifikasikan terhadap total Aset produktif pada tanggal 31 Desember 2013 dan 2012 masing-masing adalah sebesar 1,89% dan 2,68%.

b. The ratios of classified earning assets to total earning assets as of December 31, 2013 and 2012 are 1.89% and 2.68%, respectively.

c. Bank ikut serta dalam Lembaga Penjamin Simpanan (LPS) yang berlaku sejak tanggal 22 September 2005. Beban atas premi penjaminan pada tahun 2013 dan 2012 masing-masing sebesar Rp 12.092.474.696 dan Rp 11.017.465.674 dicatat di akun beban bunga.

c. On September 22, 2005, the Bank participated in the deposit insurance program of the Indonesian Deposit Insurance Corporation (“Lembaga Penjamin Simpanan”). Guarantee premium expenses in 2013 and 2012 of Rp 12,092,474,696 and Rp 11,017,465,674 are included under the interest expense account.

42. INFORMASI KEUANGAN TERSENDIRI ENTITAS

INDUK 42. FINANCIAL INFORMATION OF THE PARENT

COMPANY ONLY

Informasi keuangan tersendiri entitas induk menyajikan informasi laporan posisi keuangan, laporan laba rugi komprehensif, perubahan ekuitas dan arus kas, dimana penyertaan saham pada entitas anak dipertanggungjawabkan dengan metode biaya.

The financial information of the Parent Company only presents statements of financial position, statements of comprehensive income, statements of changes in equity and statements of cash flows information in which investments in its subsidiary were accounted using the cost method.

Informasi keuangan tersendiri entitas induk disajikan pada halaman 110 sampai dengan 115.

Financial information of the parent company only, was presented on pages 110 to 115.





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43. PERISTIWA SETELAH TANGGAL PELAPORAN 43. EVENTS AFTER THE REPORTING PERIOD BANK THE BANK a. Pada tanggal 28 Maret 2014, Bank dan

Resona Bank, Ltd., setuju untuk memperpanjang jatuh tempo pinjaman dari 31 Maret 2014 menjadi tanggal 31 Maret 2019 dengan jumlah maksimum pinjaman sebesar USD 45.000.000 dengan tingkat suku bunga sebesar cost of fund ditambah 0,60%.

a. On March 28, 2014, the Bank and Resona Bank, Ltd., agreed to extend the borrowing facility to March 31, 2019 with maximum amount of USD 45,000,000 subject to interest rate computed as cost of fund plus 0.60%.

b. Pada tanggal 10 Pebruari 2014, Bank

memperoleh fasilitas pinjaman baru dari Sumitomo Mitsui Trust Bank, Limited, Singapura dengan jumlah maksimum sebesar USD 20.000.000. Fasilitas pinjaman ini mempunyai jangka waktu untuk jenis term loan facility sampai dengan 30 Desember 2016 dan revolving credit facility sampai dengan 31 Desember 2015, dengan tingkat suku bunga cost of fund ditambah 1,575%.

b. On February 10, 2014, the Bank was granted new credit facility by Sumitomo Mitsui Trust Bank, Limited, Singapura for maximum amount of USD 20,000,000. The credit facility term, for term loan facility up to December 30, 2016 and revolving facility up to December 31, 2015. This facilities bear an interest rate of cost of fund plus 1.575%.

c. Pada tanggal 13 Pebruari 2014, Bank dan

The Japan Bank for International Cooperation (JBIC) setuju untuk memperpanjang jatuh tempo pinjaman menjadi 3 Januari 2023 dengan jumlah maksimum USD 13.000.000 dengan tingkat bunga tetap sebesar LIBOR + 0,15% dan tingkat bunga mengambang sebesar fixed rate lebih besar dari floating rate ditambah dengan fixed cost.

c. On February 13, 2014, Bank and The Japan Bank for International Coopreation (JBIC) agreed to extend the borrowing facility to January 3, 2023 with maximum amount of USD 13,000,000 subject to fixed interest computed as LIBOR + 0.15% and floting rate computed as fixed rate greater than floating rate plus fixed cost.

d. Bank telah melunasi fasilitas pinjaman pada OCBC – NISP Bank, Jakarta sebesar Rp 250 miliar beserta bunganya pada tanggal 21 Pebruari 2014.

d. Bank has been fully paid the loan facililty to OCBC – NISP Bank, Jakarta, amounted Rp 250 billion with the interest on February 21, 2014.

e. Pada tanggal 18 Maret 2014, Bank dan BCA

setuju untuk memperpanjang jatuh tempo pinjaman menjadi 18 Maret 2015 dengan jumlah maksimum Rp 100 miliar dengan bunga margin over the LIBOR rate for six months per tahun.

e. On March 18, 2014, Bank and BCA agreed to extend the borrowing facility to March 18, 2015 with maximum amount of Rp 100 billion. The credit facility bears interest rate of margin over the LIBOR rate for six months per annum.

ENTITAS ANAK Pada tanggal 28 Maret 2014, entitas anak melakukan perpanjangan jangka waktu fasilitas Kredit non committed and unsecured revolving dari Resona Bank Ltd, dengan maksimum kredit sebesar US$ 28.300.000. Fasilitas ini akan jatuh tempo pada 31 Maret 2016.

THE SUBSIDIARY On March 28, 2014, the subsidiary undertakes extention period of facility of non committed and unsecured revolving Credit facility from Resona Bank Ltd ,with a maximum credit amounted to US$ 28,300,000. This facility will be matured on March 31, 2016.

44. TANGGUNG JAWAB MANAJEMEN DAN

PERSETUJUAN LAPORAN KEUANGAN KONSOLIDASIAN DAN INFORMASI TAMBAHAN

44. MANAGEMENT RESPONSIBILITY AND APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

Penyusunan dan penyajian wajar laporan keuangan konsolidasian dari halaman 3 sampai dengan 109 dan informasi tambahan dari halaman 110 sampai 115 merupakan tanggung jawab manajemen dan telah disetujui oleh Direksi untuk diterbitkan pada tanggal 11 April 2014.

The preparation and fair presentation of the consolidated financial statements on pages 3 to 109 and supplementary information on pages 110 to 115 are the responsibilities of the management are approved and authorized for issue by the Bank’s Directors on April 11, 2014.


P.T. BANK RESONA PERDANIA P.T. BANK RESONA PERDANIADAFTAR I: INFORMASI LAPORAN POSISI KEUANGAN TERSENDIRI SCHEDULE I: PARENT COMPANY'SENTITAS INDUK *) STATEMENT OF FINANCIAL POSITION *)31 DESEMBER 2013 DECEMBER 31, 2013

2013 2012Rp Rp

ASET ASSETS

Kas 25.245.059.360 18.077.887.314 Cash

Giro pada Bank Indonesia 874.510.815.723 672.666.006.456 Demand Deposits with Bank Indonesia

Giro pada Bank Lain Demand Deposits with Other Banks Pihak berelasi 6.316.572.336 19.307.922.842 Related parties Pihak ketiga 852.678.575.413 554.492.093.214 Third parties

Jumlah 858.995.147.749 573.800.016.056 Total

Penempatan pada Bank Indonesia dan Placements with Bank Indonesia and Bank Lain Other Banks Pihak ketiga 1.724.590.000.000 1.662.226.000.000 Third partiesBunga yang belum diamortisasi (222.918.816) (162.371.795) Unamortized interest

Jumlah 1.724.367.081.184 1.662.063.628.205 Total

Efek-efek Securities Pihak ketiga 274.571.778.230 198.095.233.687 Third partiesPendapatan dan biaya yang belum diamortisasi (3.861.454.790) (3.620.379.025) Unamortized interest income and expense

Jumlah 270.710.323.440 194.474.854.662 Total

Tagihan Derivatif Derivative Receivables Pihak berelasi - 75.905.427 Related parties Pihak ketiga 36.994.833.601 13.859.654.884 Third parties

Jumlah 36.994.833.601 13.935.560.311 Total

Kredit LoansPihak berelasi 60.157.875.000 65.000.000.000 Related partiesPihak ketiga 9.711.393.550.236 8.254.566.328.881 Third partiesCadangan kerugian penurunan nilai (75.295.888.611) (100.368.274.176) Allowance for impairment lossesBersih 9.696.255.536.625 8.219.198.054.705 Net

Tagihan Akseptasi - Pihak ketiga 189.855.682.189 196.185.496.158 Acceptances Receivable - Third parties

Penyertaan Saham 42.227.933.142 42.227.933.142 Investment in Shares of Stock

Biaya Dibayar di Muka 70.951.238.693 6.951.054.165 Prepaid Expenses

Aset Tidak Lancar yang Dimiliki Untuk Dijual - 123.998.675.000 Non-Current Assets Held for Sale

Aset Tetap Premises and Equipment Harga perolehan 46.105.239.373 38.038.375.221 CostAkumulasi penyusutan (33.517.729.880) (30.016.519.316) Accumulated depreciationJumlah tercatat 12.587.509.493 8.021.855.905 Carrying value

Aset Lain-Lain 46.445.647.340 13.489.236.568 Other Assets

JUMLAH ASET 13.849.146.808.539 11.745.090.258.647 TOTAL ASSETS

*) DISAJIKAN MENGGUNAKAN METODE BIAYA *) PRESENTED USING COST METHOD

- 110 -


P.T. BANK RESONA PERDANIA P.T. BANK RESONA PERDANIADAFTAR I: INFORMASI LAPORAN POSISI KEUANGAN TERSENDIRI SCHEDULE I: PARENT COMPANY'SENTITAS INDUK *) STATEMENT OF FINANCIAL POSITION *)31 DESEMBER 2013 (Lanjutan) DECEMBER 31, 2013 (Continued)

2013 2012Rp Rp

LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY

LIABILITAS LIABILITIES

Liabilitas Segera 2.967.330.086 75.980.828.870 Liabilities Payable Immediately

Simpanan DepositsPihak berelasi 89.437.373.267 54.399.401.521 Related partiesPihak ketiga 6.780.206.706.606 5.433.319.684.774 Third parties

Jumlah 6.869.644.079.873 5.487.719.086.295 Total

Simpanan dari Bank Lain Deposits from Other Banks Pihak berelasi 1.320.269.585 96.900.018.785 Related partiesPihak ketiga 365.100.000.000 751.000.000.000 Third parties

Jumlah 366.420.269.585 847.900.018.785 Total

Liabilitas Derivatif - Pihak ketiga 23.270.977.632 7.823.990.400 Derivative Liabilities - Third parties

Liabilitas Akseptasi - Pihak ketiga 189.855.682.189 197.214.506.867 Acceptances Liabilities - Third parties

Surat Berharga yang Diterbitkan - Bersih 448.153.449.532 597.388.162.729 Securities Issued - Net

Utang Pajak 23.991.666.075 18.606.256.469 Taxes Payable

Pinjaman yang Diterima BorrowingsPihak berelasi 2.494.850.000.000 1.156.560.000.000 Related partiesPihak ketiga 1.045.085.945.000 1.270.588.824.250 Third parties

Jumlah 3.539.935.945.000 2.427.148.824.250 Total

Biaya Masih Harus Dibayar 41.395.548.655 36.302.710.265 Accrued Expenses

Liabilitas Pajak Tangguhan 31.325.576.295 24.840.340.860 Deferred Tax Liability

Liabilitas Lain-Lain 9.594.788.935 158.543.765.786 Other Liabilities

Jumlah Liabilitas 11.546.555.313.857 9.879.468.491.576 Total Liabilities

EKUITAS EQUITY

Modal Saham - nilai nominal Rp 100.000 Capital Stock - Rp 100,000 par value per saham per shareModal dasar - 5.000.000 saham Authorized - 5,000,000 sharesModal ditempatkan dan disetor - Issued and paid-up - 2,850,000

2.850.000 saham 285.000.000.000 285.000.000.000 shares Tambahan Modal Disetor Additional paid-in capital

Agio Saham 116.788.145.625 116.788.145.625 Additional paid-in capital Difference in value from

Selisih nilai transaksi restrukturisasi restructuring transaction amongentitas sepengendali (13.631.394.437) - entities under common control

Difference in value from Selisih nilai transaksi restrukturisasi restructuring transaction among

entitas sepengendali - (13.631.394.437) entities under common controlSaldo Laba Retained Earnings

Ditentukan penggunaannya 1.407.440.515.883 1.158.845.757.883 AppropriatedBelum ditentukan penggunaannya 506.994.227.611 318.619.258.000 Unappropriated

Jumlah Ekuitas 2.302.591.494.682 1.865.621.767.071 Total Equity

JUMLAH LIABILITAS DAN EKUITAS 13.849.146.808.539 11.745.090.258.647 TOTAL LIABILITIES AND EQUITY


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P.T. BANK RESONA PERDANIA P.T. BANK RESONA PERDANIADAFTAR II: INFORMASI LAPORAN LABA RUGI KOMPREHENSIF SCHEDULE II: PARENT COMPANY'STERSENDIRI ENTITAS INDUK *) STATEMENTS OF COMPREHENSIVE INCOME *)UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2013 FOR THE YEAR ENDED DECEMBER 31, 2013

2013 2012Rp Rp

PENDAPATAN DAN BEBAN OPERATING REVENUES AND OPERASIONAL EXPENSES

Pendapatan Bunga Interest RevenuesBunga yang diperoleh 663.234.008.929 614.717.174.305 Interest earnedProvisi dan Komisi 15.812.479.057 13.978.320.055 Fees and commissions

Jumlah Pendapatan Bunga 679.046.487.986 628.695.494.360 Total Interest Revenues

Beban Bunga Interest ExpensesBunga yang dibayar 239.401.639.500 232.231.119.684 Interest incurredProvisi dan Komisi 2.230.398.223 1.968.046.149 Fees and commissionsPremi penjaminan 12.092.474.696 11.017.465.674 Guarantee premium

Jumlah Beban Bunga 253.724.512.419 245.216.631.507 Total Interest Expenses

Pendapatan Bunga - Bersih 425.321.975.567 383.478.862.853 Interest Revenues - Net

PENDAPATAN DAN BEBAN OTHER OPERATING REVENUES ANDOPERASIONAL LAINNYA EXPENSES

Pendapatan Operasional lainnya Other Operating RevenuesKeuntungan transaksi mata uang

asing - bersih 101.939.892.222 76.643.187.238 Gain on foreign exchange - netPendapatan dividen 4.999.600.000 3.999.680.000 Dividend incomeProvisi dan komisi lainnya 34.579.099.382 29.597.377.808 Other fees and commissions Lain-lain - bersih 4.330.593.735 2.566.646.537 Others - net

Jumlah Pendapatan Operasional Total Other Operating Lainnya 145.849.185.339 112.806.891.583 Revenues

Provision for allowance for impairment Beban cadangan kerugian penurunan nilai 81.671.039.341 2.138.190.257 losses

Beban Operasional Lainnya Other Operating ExpensesTenaga kerja 78.872.393.864 67.451.318.885 Personnel Umum dan administrasi 81.041.982.636 61.364.599.480 General and administrative Provisi dan komisi lainnya 12.793.862.601 12.342.032.642 Other fees and commissions

Jumlah Beban Operasional Lainnya 172.708.239.101 141.157.951.007 Total Other Operating Expenses

Beban Operasional Lainnya - Bersih 108.530.093.103 30.489.249.681 Other Operating Expenses - Net

LABA OPERASIONAL 316.791.882.464 352.989.613.172 INCOME FROM OPERATIONS

PENDAPATAN NON OPERASIONAL NON-OPERATING REVENUES Keuntungan atas penjualan aset tetap - 26.636.364 Gain on sale of premises and equipmentKeuntungan atas penjualan aset tidak lancar

yang dimiliki untuk dijual 266.689.625.254 - Gain on sale of noncurrent assets held for salePendapatan sewa 2.946.167.253 2.938.847.978 Rental incomeLain-lain - bersih 968.078.825 31.587.330 Others - net

Jumlah Pendapatan Non Operasional -Bersih 270.603.871.332 2.997.071.672 Total Non-Operating Revenues - Net

LABA SEBELUM BEBAN PAJAK 587.395.753.796 355.986.684.844 INCOME BEFORE TAX EXPENSE

BEBAN PAJAK 80.401.526.185 88.716.553.633 TAX EXPENSE

LABA BERSIH TAHUN BERJALAN DAN NET PROFIT FOR THE YEAR ANDJUMLAH LABA KOMPREHENSIF 506.994.227.611 267.270.131.211 TOTAL COMPREHENSIVE INCOME


- 112 -

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- 11

3 -


P.T. BANK RESONA PERDANIA P.T. BANK RESONA PERDANIADAFTAR IV: INFORMASI LAPORAN ARUS KAS SCHEDULE IV: PARENT COMPANY'STERSENDIRI ENTITAS INDUK *) STATEMENTS OF CASH FLOWS *)UNTUK TAHUN YANG BERAKHIR 31 DESEMBER 2013 FOR THE YEAR ENDED DECEMBER 31, 2013

2013 2012Rp Rp

CASH FLOWS FROM OPERATING ARUS KAS DARI AKTIVITAS OPERASI ACTIVITIESLaba sebelum beban pajak 587.395.753.796 355.986.684.844 Income before tax expensePenyesuaian untuk: Adjustments for:

Pendapatan bunga (663.234.008.929) (614.717.174.305) Interest revenueBeban bunga 239.401.639.500 232.231.119.684 Interest expenseKeuntungan atas penjualan aset tidak lancar Gain on sale of non current assets

tersedia untuk dijual (266.689.625.254) - held for saleBeban cadangan kerugian penurunan nilai 81.671.039.341 2.138.190.257 Provision for allowance for impairment lossesSelisih kurs atas cadangan kerugian Net foreign exchange loss (gain) on allowance

penurunan nilai 3.873.250.427 4.355.539.156 for impairment lossesBeban imbalan pasca kerja 10.942.780.157 9.156.325.708 Post-employment benefitsPenyusutan aset tetap 3.579.266.546 5.856.132.590 Depreciation of premises and equipmentKerugian (keuntungan) atas penjualan aset tetap 1.059.057 (26.636.364) Loss (gain) on sale of premises and equipmentAmortisasi atas biaya emisi 1.914.786.802 1.547.728.966 Amortization of issuance cost

Arus kas operasi sebelum perubahan Operating cash flows before changes in modal kerja (1.144.058.557) (3.472.089.464) working capital

Perubahan modal kerja: Changes in working capital:Penempatan pada Bank Indonesia Placements with Bank Indonesia and

dan bank lain (68.364.000.000) (56.975.972.051) other banksKredit (1.562.601.771.687) (1.234.221.235.058) LoansTagihan derivatif (23.059.273.290) (6.269.760.588) Derivative receivablesTagihan akseptasi 6.329.813.969 64.666.273.291 Acceptances receivableAset lain-lain (89.333.207.094) 5.488.601.003 Other assetsLiabilitas segera (73.013.498.784) 74.539.716.985 Liabilities payable immediatelySimpanan 1.381.924.993.578 553.291.963.422 DepositsUtang pajak 4.729.571.306 2.470.149.076 Tax payableLiabilitas derivatif 15.446.987.232 2.881.765.980 Derivative liabilitiesLiabilitas akseptasi (7.358.824.678) (63.637.262.582) Acceptances liabilitiesLiabilitas imbalan pasca kerja (10.942.780.157) (9.156.325.708) Post-employment benefits obligationLiabilitas lain-lain (185.251.687.144) 126.323.467.139 Other liabilities

Kas Digunakan untuk Aktivitas Operasi (612.637.735.306) (544.070.708.555) Cash Used in Operating ActivitiesPajak penghasilan yang dibayar (73.260.452.450) (76.606.447.250) Income tax paidBunga yang diterima 655.610.620.722 609.716.944.598 Interest receivedBunga yang dibayar (198.006.090.845) (195.928.409.419) Interest paid

Kas Bersih digunakan untukAktivitas Operasi (228.293.657.879) (206.888.620.626) Net Cash Used in Operating Activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTING INVESTASI ACTIVITIES

Penempatan efek-efek (76.235.468.778) (141.379.572.205) Placement in securitiesProceeds from sale of premises and

Hasil penjualan aset tetap 6.818.182 26.636.364 and equipment Hasil penjualan aset tidak lancar tersedia Proceeds from sale of non-current assets

untuk dijual 390.688.300.254 - held for salePerolehan aset tetap (8.152.797.345) (6.580.661.608) Acquisition of premises and equipment

Kas Bersih Diperoleh dari (Digunakan untuk)Aktivitas Investasi 306.306.852.313 (147.933.597.449) Net Cash Provided by (Used in) Investing Activities


- 114 -


P.T. BANK RESONA PERDANIA P.T. BANK RESONA PERDANIADAFTAR IV: INFORMASI LAPORAN ARUS KAS SCHEDULE IV: PARENT COMPANY'STERSENDIRI ENTITAS INDUK *) STATEMENTS OF CASH FLOWS *)UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2013 FOR THE YEARS ENDED DECEMBER 31, 2013(Lanjutan) (Continued)

2013 2012Rp Rp

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM FINANCING PENDANAAN ACTIVITIES

Kenaikan (penurunan) pinjaman yang diterima 1.112.787.120.750 (255.753.844.650) Increase (decrease) in borrowingsPenerimaan (pelunasan) surat berharga Proceeds from (payment of)

yang diterbitkan (151.149.499.999) 298.670.500.000 securities issuedKenaikan (penurunan) simpanan dari Increase (decrease) in deposits from

bank lain (481.479.749.200) 620.397.138.110 other banksPembayaran dividen tunai (70.024.500.000) (62.985.000.000) Cash dividend payments

Kas Bersih Diperoleh dari Aktivitas Pendanaan 410.133.371.551 600.328.793.460 Net Cash Provided by Financing Activities

KENAIKAN (PENURUNAN) BERSIH NET INCREASE (DECREASE) IN CASH AND KAS DAN SETARA KAS 488.146.565.985 245.506.575.385 CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AWAL TAHUN 2.666.381.538.031 2.420.874.962.646 BEGINNING OF YEAR

CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AKHIR TAHUN 3.154.528.104.016 2.666.381.538.031 END OF YEAR

PENGUNGKAPAN TAMBAHAN SUPPLEMENTAL DISCLOSURESKas dan setara kas terdiri dari: Cash and cash equivalents consist of:

Kas 25.245.059.360 18.077.887.314 CashGiro pada Bank Indonesia 874.510.815.723 672.666.006.456 Demand deposits with Bank IndonesiaGiro pada bank lain 858.995.147.749 573.800.016.056 Demand deposits with other banksPenempatan pada Bank Indonesia dan bank lain 1.395.777.081.184 1.401.837.628.205 Placements with Bank Indonesia and Other Banks

Jumlah 3.154.528.104.016 2.666.381.538.031 Total


- 115 -


Pengungkapan Permodalan Serta Pengungkapan Eksposur Risiko dan Penerapan Manajemen Risiko BankDisclosures of the Bank’s Capital, Risk Exposure and Risk Management Implementation


STRUKTUR PeRMODALAn BAnK

Struktur permodalan Bank mengacu kepada Peraturan Bank

Indonesia (PBI) No. 15/12/PBI/2013 tanggal 12 Desember 2013

tentang Kewajiban Penyediaan Modal Minimum Bank Umum.

Modal Bank posisi 31 Desember 2013 sebesar Rp 1,98 triliun

yang merupakan penjumlahan dari modal inti dan modal

pelengkap.

A. Modal inti (tier 1)

Modal inti Bank dihitung berdasarkan penjumlahan

modal disetor dengan cadangan tambahan modal setelah

memperhitungkan faktor pengurang berupa penyertaan

Bank pada perusahaan anak yaitu PT Resona Indonesia

Finance. Modal inti Bank posisi 31 Desember 2013 sebesar

Rp 1,9 triliun, meningkat Rp 393 miliar dari tahun 2012.

Peningkatan ini disebabkan oleh meningkatnya laba Bank

di tahun 2013 sebesar Rp 239,7 miliar dari tahun 2012

yaitu menjadi Rp 506,9 miliar. Peningkatan laba tersebut

berasal dari laba penjualan tanah dan bangunan kantor

pusat PT Bank Resona Perdania serta meningkatnya laba

transaksi mata uang asing yang disebabkan penguatan

nilai tukar mata uang Dollar terhadap Rupiah. Berikut

beberapa komponen dari modal inti:

1. Modal disetor

Modal dasar Bank berjumlah Rp 500 miliar yang

terbagi atas 5,000,000 lembar saham dengan masing-

masing berharga nominal Rp 100,000,-. Modal dasar

tersebut telah diterbitkan dan disetor secara penuh

sebesar 2,850,000 lembar saham senilai Rp 285 miliar.

2. Cadangan Tambahan Modal

Cadangan tambahan modal terdiri dari berbagai

macam faktor penambah modal, seperti agio saham,

cadangan umum modal, laba tahun-tahun lalu, dan

laba tahun berjalan serta faktor pengurang modal

yaitu selisih kurang antara PPA atas aset produktif

dengan cadangan kerugian penurunan nilai aset

keuangan atas aset produktif. Jumlah cadangan

tambahan modal adalah sebesar Rp 1,632,038 juta.

1.1 Faktor Penambah

a. Agio Saham

Agio saham merupakan selisih lebih setoran

modal yang diterima oleh Bank pada saat

penerbitan saham sebagai akibat harga

BANK CAPITAL STRuCTuRE

Bank capital structure is in accordance with Bank Indonesia

Regulation (PBI) No. 15/12/PBI/2013 dated December 12, 2013 on

the Minimum Capital Adequacy of Commercial Banks. The Bank’s

capital as of December 31, 2013 amounted to Rp 1.98 trillion,

which is the sum of core capital and supplementary capital.

A. CoreCapital(Tier1)

Bank's core capital calculated based on the sum of

additional paid-up capital with additional capital reserves

after calculate deduction factor of Bank's investment in its

subsidiary, namely PT Resona Indonesia Finance. Bank's core

capital as of December 31, 2013 amounted to Rp 1.9 trillion,

increase Rp 393 billion from year 2012. This increased due to

the increasing of Bank’s profit in 2013 amounted Rp 239.7

billion from Rp 506.9 billion in 2012 that comes from the

profit of land and building of Head Office PT Bank Resona

Perdania selling and also the increasing of foreign exchange

transaction caused by the strengthen of USD currency

against IDR currency. Below are some of core capital

components:

1. Paid-up Capital

Bank's authorized capital amounted to Rp 500 billion

divided into 5.000.000 shares with a nominal value of Rp

100.000,- each. The authorized capital has been issued

and fully paid for 2.850.000 shares worth Rp 285 billion.

2. Additional Capital Reserves

Additional capital reserves include various factors of

additional capital, such as share agio, capital general

reserves, net profit in the past year, and current’s year

income and deduction capital factor, that is difference

between provision for possible asset loss and provision

for impairment value of earning asset. The additional

capital reserves amounted Rp 1.632.038 million.

1.1 Additional Factors

a. Share Agio

Share agio represents Bank excess of paid

up capital that received by bank at the

time of the issuance of shares, due to the


saham yang melebihi nilai nominalnya.

Berdasarkan PSAK 38 Revisi 2012 mengenai

Kombinasi Bisnis Entitas Sepengendali,

akun selisih restrukturisasi entitas

sepengendali direklasifikasi dan disajikan

dalam pos tambahan modal disetor, tetapi

dalam perhitungan Kewajiban Penyediaan

Modal Minimum (KPMM) pengaruh dari

selisih restrukturisasi entitas sepengendali

tersebut tidak diperhitungkan sehingga

besarnya agio saham yang diperoleh PT

Bank Resona Perdania yang terjadi sebagai

akibat selisih harga saham saat penerbitan

saham sebesar Rp 116,788 juta.

b. Cadangan Umum Modal

Besarnya cadangan umum modal diperoleh

dari penyisihan laba yang ditahan atau dari

laba tahun lalu setelah dikurangi pajak

yang telah mendapat persetujuan Rapat

Umum Pemegang Saham (RUPS) sebesar

Rp 1.407.441 juta.

c. Laba Tahun-tahun Lalu

Laba tahun-tahun lalu adalah akumulasi

sisa laba tahun-tahun lalu bersih yang

ditahan untuk tidak dibagikan dan belum

ditentukan penggunaannya berdasarkan

keputusan Rapat Umum Pemegang Saham

(RUPS). Dalam menghitung laba tahun-

tahun lalu dikeluarkan dari pengaruh faktor

perhitungan pajak tangguhan (deferred tax).

Dikarenakan sebagian laba tahun-tahun

lalu telah dibagikan kepada pemegang

saham (dalam hal ini pembagian dividen)

dan sebagian lainnya di masukkan ke

cadangan umum maka saldo laba tahun-

tahun lalu adalah Rp 0.

d. Laba Tahun Berjalan sebesar 50%

Laba tahun berjalan adalah laba yang

diperoleh dalam tahun buku berjalan

setelah dikurangi taksiran pajak

penghasilan. Untuk perhitungan laba tahun

berjalan harus dikeluarkan dari pengaruh

faktor perhitungan pajak tangguhan

(deferred tax asset).

price of share higher than its face value

Based on PSAK 38 Revised 2012 about

The Combination of Business Entities, the

difference of business entities restructuring

is reclassified and presented in the additional

paid in capital post, but in calculation of Risk

Weighted Average (RWA), the impact from

the difference is not calculated, so that the

amount of share agio that obtained by PT

Bank Resona Perdania due to the difference

of stock price at the issuance of shares, was

Rp 116.788 million.

b. Capital General Reserves

The amount of capital general reserves

obtained from the provision of retained

earnings or from net profit in the past year

after tax, which was approved by the General

Meeting of Shareholders (GMOS), amounted

Rp 1.407.441 million.

c. Net Profit in the Past Years

Net profit in the past years is the accumulation

of the remaining net profit in the past years,

which has not been distributed and its use

has not been determined as in accordance

with the resolution of the General Meeting

of Shareholders (GMOS). In calculating

net profit in the past years excluded from

influence factor of deferred tax calculation.

Because of the partially net profit in the past

years has been distributed to shareholders

(in this case the dividend distribution) and

the others included into general reserves so

that the profit balance of net profit in the past

year was Rp 0.

d. Current Year’s Income 50%

Current year’s income is the income that

obtained in the current accounting year,

after deducted with the estimate for income

tax. In calculating current year’s income must

excluding the calculation of deferred tax

(deferred tax asset).


Laba tahun berjalan sebelum pajak Bank

posisi 31 Desember 2013 adalah Rp 587,395

juta dan taksiran pajak penghasilan sebesar

Rp 73,916 juta. Sehingga besarnya laba

tahun berjalan yang dapat diperhitungkan

sebesar 50% tahun 2013 adalah Rp 256,740

juta.

1.2 Faktor Pengurang

Salah satu faktor pengurang untuk cadangan

tambahan modal adalah selisih kurang antara

PPA atas aset produktif dengan cadangan

penurunan nilai atas aset produktif yang

merupakan selisih kurang antara total PPA

(cadangan umum dan cadangan khusus atas

seluruh aset produktif ) yang wajib dihitung

dengan total cadangan kerugian penurunan

nilai (impairement) atas seluruh aset produktif

baik secara individu maupun secara kolektif

yang telah dibentuk.

Besarnya total PPA yang wajib diperhitungkan

posisi 31 Desember 2013 adalah Rp 224,227

juta dan total cadangan kerugian penurunan

nilai posisi 31 Desember 2013 adalah Rp 75,296

juta sehingga besarnya faktor pengurang yang

diperoleh dari selisih kurang antara PPA dan

cadangan kerugian penurunan nilai atas aset

produktif sebesar Rp 148,931 juta

3. Faktor Pengurang Modal Inti

Faktor pengurang modal inti adalah jumlah

penyertaan Bank pada perusahaan anak yaitu PT

Resona Indonesia Finance sebesar Rp 42,228 juta.

Besarnya penyertaan Bank yang diperhitungakn

sebagai faktor pengurang modal inti sebesar 50%

dari jumlah penyertaan yaitu sebesar Rp 21,114 juta.

B. Modal Pelengkap (tier 2)

Modal pelengkap diperoleh dari pengurangan modal

pelengkap level atas (upper tier 2) dengan faktor

pengurang modal pelengkap berupa penyertaan Bank

pada perusahaan anak PT Resona Indonesia Finance.

Modal pelengkap Bank posisi 31 Desember 2013 sebesar

Rp 82,286 juta. Berikut beberapa komponen dari modal

pelengkap:

The Bank’s current year’s income before tax

as of December 31, 2013 was Rp 587.395

million, and the provision for income tax

amounted by Rp 73.916 million. Therefore

the profit in current year which can calculate

by 50% in 2013 is Rp 256.740 million.

1.2 Deduction Factors

One of the deduction factors for additional capital

reserves is provision for possible asset loss and

provision for impairment value of earning assets,

which is the difference between total PPA (general

and special reserves for all productive assets)

that should be accounted with the allowance for

impairment losses on all productive assets, both

individually and collectively that have been made.

The amount of provision for possible asset loss and

provision for impairment value of earning assets

obliged to be calculated as of December 31, 2013

was Rp 224.227 million and the total allowance

for impairment losses as of December 31, 2013

was Rp 75.296 million, thus the deduction factor

obtained from the difference between PPA and the

allowance for impairment losses on productive

assets amounted to

Rp 148.931 million.

3. Core Capital Deduction Factors

Deduction factor of core capital is the Bank's investment

in its subsidiary, namely PT Resona Indonesia Finance,

amounted to Rp 42.228 million. The Bank’s investment

considered as the deduction factor of core capital is

50% of the investment, so amounted to Rp 21.114

million.

B. SupplementaryCapital(Tier2)

Supplementary capital is obtained from the deduction of

upper supplemental capital (upper tier 2) with deduction

factor of supplementary capital to the Bank’s investment in

its subsidiary, that is PT Resona Indonesia Finance. Bank’s

supplementary capital as of December 31, 2013 amounted

to Rp 82.286 million. The components of supplementary

capital are as follows:


1. Modal Pelengkap Level Atas (upper tier 2)

Modal pelengkap level atas terdiri dari berbagai

macam komponen salah satunya revaluasi aset tetap

yang sebelumnya telah diklasifikasikan ke saldo laba

sebesar 45% dan cadangan umum PPA atas aset

produktif yang wajib dihitung dengan jumlah paling

tinggi sebesar 1,25% dari Aset Tertimbang Menurut

Risiko (ATMR) untuk risiko kredit. Jumlah modal

pelengkap level atas setelah memperhitungkan

komponen diatas adalah sebesar Rp 103,400 juta.

1.1 Revaluasi aset tetap sebesar 45%

Dikarenakan Bank telah menjual tanah dan

bangunan kantor pusat pada tahun 2013 maka

nilai revaluasi aset tetap pada tahun 2013 adalah

Rp 0.

1.2 Cadangan Umum PPA atas Aset Produktif

yang Wajib Dibentuk dengan Jumlah Paling

Tinggi sebesar 1,25% dari Aset Tertimbang

Menurut Risiko (ATMR) untuk Risiko Kredit.

Jika nilai cadangan umum PPA atas aset produktif

lebih besar dari 1,25% dari ATMR untuk risiko

kredit maka nilai yang dapat diperhitungkan

sebagai komponen modal pelengkap level atas

adalah nilai 1,25% dari ATMR untuk risiko kredit.

Dalam hal ini nilai ATMR untuk risiko kredit

sebesar Rp 10,114,712 juta maka 1,25% dari

ATMR untuk risiko kredit adalah Rp 126,434 juta

sedangkan nilai cadangan umum PPA atas aset

produktif yang wajib dibentuk adalah Rp 103,400

juta sehingga besarnya cadangan umum atas

aset produktif yang dapat diperhitungkan

sebagai komponen modal pelengkap adalah Rp

103,400 juta.

2. Faktor Pengurang Modal Pelengkap

Faktor pengurang modal pelengkap adalah jumlah

penyertaan Bank pada perusahaan anak yaitu PT

Resona Indonesia Finance sebesar Rp 42,228 juta.

Besarnya penyertaan Bank yang diperhitungkan

sebagai faktor pengurang modal pelengkap sebesar

50% dari jumlah penyertaan yaitu sebesar Rp 21,114

juta.

1. UpperSupplementaryCapital(UpperTier2)

Upper level of supplemental capital consists of various

components, one of which is revaluation of fixed

assets that previously had been classified by 45% of

the retained earnings and the general reserve of PPA

toward productive assets obliged to be calculated

with the maximum amount by 1.25% of the Risk

Weighted Assets (RWA) for credit risk. Total upper tier

2 supplemental capitals after calculate with the above

components is Rp 103.400 million.

1.1. RevaluationofFixedAssetsat45%

Because of Bank had been sell its head office land

and building in 2013, thus the revaluation value of

fix asset in 2013 was nil.

1.2. General Reserve of Provision for Possible

Asset Loss and Provision for Impairment Value

of Earning Obliged to be Form by the Highest

Amount of 1.25% of Risk Weighted Assets

(RWA)forCreditRisk.

If the value of general reserve of provision for

possible asset loss and provision for impairment

value of earning assets (PPA) toward productive

assets is greater than 1.25% risk weighted assets

(RWA) for credit risk, in this case, the value of

RWA for credit risk amounted to Rp 10.114.712

million, thus 1.25% of the RWA for credit risk is

Rp 126.434 million. Meanwhile, the value of PPA

toward productive assets to be from is Rp 103.400

million. So, the amount of general reserve toward

productive assets that can be calculated as the

general reserve of supplementary capital is Rp

103.400 million.

2. Deduction Factor for Supplementary Capital

Deduction factor for supplementary capital is the

Bank’s investment in its subsidiary, namely PT Resona

Indonesia Finance, amounted to Rp 42.228 million.

The Bank’s investment accounted for deduction factor

for supplementary capital at 50% of the investment

amount is Rp 21.114 million.


MeTODe PenILAIAn KeCUKUPAn MODAL

Metode pendekatan yang digunakan Bank dalam menilai

kecukupan modal Bank untuk risiko kredit, risiko pasar, dan

risiko operasional adalah sebagai berikut:

1. Risiko Kredit

Metode pendekatan yang digunakan Bank dalam menilai

kecukupan modal Bank untuk risiko kredit adalah dengan

menggunakan pendekatan standar. Pendekatan ini

berpedoman pada Surat Edaran Bank Indonesia No.

13/6/DPNP tanggal 18 Februari 2011 perihal Pedoman

Perhitungan Aset Tertimbang Menurut Risiko (ATMR)

untuk Risiko Kredit dengan Menggunakan Pendekatan

Standar.

Bank belum menggunakan metode internal dalam

mengukur risiko tersebut disebabkan oleh beberapa hal

sebagai berikut:

a. Bank tidak memiliki variasi jenis risiko kredit yang

signifikan. Jenis kredit umumnya didominasi oleh

kredit korporasi modal kerja dan investasi.

b. Bank belum memiliki aset berisiko lainnya yang

memungkinkan terjadinya gagal bayar (misalnya

obligasi korporasi, dll) atau dengan kata lain produk

Bank masih sederhana.

c. Perhitungan menggunakan metode internal

memerlukan infrastruktur data, sistem dan sumber

daya manusia yang memadai yang harus dipersiapkan

dengan baik, termasuk belum adanya peraturan

Bank Indonesia yang mengatur (baik dalam bentuk

peraturan resmi maupun consultative paper).

d. Perhitungan dengan metode standar diyakini sangat

memadai, karena sudah memperhitungkan mitigasi

risiko kredit yaitu agunan yang eligible, termasuk

implementasi hair cut 8% untuk eksposur dan

jaminan dalam mata uang berbeda.

e. Sudah mempertimbangkan risiko settlement yaitu

risiko atas transaksi yang mengalami kegagalan

setelmen lebih dari 4 (empat) hari kerja.

2. Risiko Pasar

Bank menghitung kebutuhan modal risiko pasar dengan

menggunakan metode standar sesuai dengan Surat

Edaran Bank Indonesia No. 9/33/DPNP tanggal 18

Desember 2007 dan perubahannya yaitu No. 14/21/DPNP

tanggal 18 Juli 2012 perihal Pedoman Penggunaan Metode

Standar dalam Perhitungan Kewajiban Penyediaan Modal

Minimum Bank Umum dengan Memperhitungkan Risiko

CAPITAL ADEQuACY ASSESSMENT METHOD

The approaching method that Bank uses to approach in assessing

Bank’s capital adequacy for credit risk, market risk, and operational

risk are as follows:

1. Credit Risk

The method the Bank applies in assessing the Bank’s capital

adequacy for credit risk is through the standard approach,

which is based on Bank Indonesia Circular Letter No. 13/6/

DPNP dated February 18, 2011 about the calculation

guideline of Risk Weighted Assets (RWA) for credit risk that

uses standardized approach.

Bank’s has not yet used internal method ini measuring such

risk due to following matters:

a. Bank’s does not have variations in the types of

significant credit risk. Generally, credit risk is dominated

by working capital corporate loan and investment.

b. Bank’s has not yet had other risk assets that are likely

to lead failure payment (for instance, corporate

obligation, etc.) or in other words, the Bank’s products

are still not complicated.

c. Calculation using internal method needs reliable data

infrastructure, system and human resources, all should

be prepared well, as there still no regulations of Bank

Indonesia that regulated such issues (even in the form

of official regulation or consultative paper).

d. Calculation using standard method is deemed to

be reliable, as it calculates credit risk mitigation,

namely eligible collateral, including 8% ‘hair cut’

implementation for exposure and guarantee in

different currencies.

e. Having considered settlement risk, namely risk on

transactions experiencing settlement failure for more

than 4 (four) working days.

2. Market Risk

Bank’s calculated the market risk capital needs by using

standard method in accordance with Bank Indonesia

Circular Letter No. 9/33/DPNP dated December 18, 2007 and

its amendment, No. 14/21/DPNP dated July 18, 2012 about

the Guideline for the Use of Standard Method in Calculating

Capital Adequacy of Commercial Banks by calculate the

market risk. The Bank only calculates the interest rate ratio


Pasar. Bank hanya menghitung risiko suku bunga dan

risiko nilai tukar, sedangkan risiko komoditas dan risiko

ekuitas diabaikan karena Bank tidak memiliki transaksi

yang terekspos risiko ekuitas maupun komoditas.

Bank Indonesia telah mengijinkan Bank untuk

menggunakan metode internal (Internal Measurement

Approach–IMA) dalam perhitungan kecukupan modal,

namun Bank masih menggunakan metode standar. Hal ini

disebabkan oleh beberapa hal sebagai berikut:

a. Perhitungan metode internal belum memberikan

insentif bagi Bank dari sisi capital charge, dikarenakan

metode internal menggunakan multiplication

factor dan plus factor berdasarkan hasil back testing.

Sehingga capital charge yang dihasilkan lebih besar

dibanding metode standar.

b. Produk treasury Bank sangat terbatas dan masih plain

vanilla, termasuk belum memiliki eksposur signifikan

dalam trading book sehingga metode standar masih

memadai.

c. Risiko pasar terbesar Bank adalah risiko nilai tukar

yang masih dapat dihitung dan diukur berdasarkan

posisi devisa netto (PDN).

3. Risiko Operasional

Metode pendekatan yang digunakan Bank untuk

menghitung pembebanan modal untuk risiko operasional

adalah metode Pendekatan Indikator Dasar (PID).

Perhitungan dengan pendekatan ini berpedoman pada

Surat Edaran Bank Indonesia No. 11/3/DPNP tanggal

27 Januari 2009 perihal Perhitungan Aset Tertimbang

Menurut Risiko (ATMR) untuk Risiko Operasional dengan

Menggunakan Pendekatan Indikator Dasar (PID) yaitu

ATMR = 12,5 x Beban Modal

Beban modal dihitung berdasarkan rata-rata dari

penjumlahan pendapatan bruto (gross income) tahunan

yang positif pada 3 (tiga) tahun terakhir dikali 15% (lima

belas persen).

Penggunaan metode pendekatan standar dan advance

belum diperlukan dalam menghitung pembebanan

modal untuk risiko operasional karena Bank masih

menganggap perhitungan beban modal untuk risiko

operasional dengan pendekatan indikator dasar masih

memadai dalam mengantisipasi risiko operasional.

and exchange rate risk. Meanwhile, commodity risk and

equity risk are disregarded because the Bank does not have

transactions that are exposed to equity risk or commodity

risk.

Bank Indonesia has allowed the Bank’s to use Internal

Measurement Approach–IMA in the calculation of adequacy

capital. However, the Bank still uses standard method

because of the following matters:

a. Internal method calculation has yet to give incentive for

the Bank in terms of capital charge, as the method uses

multiplication factor and plus factor based on the result

of back testing. Thus, capital charge generated is higher

than standard method.

b. Bank’s treasury products are very limited as they are still

in ‘plain vanilla’. The products haven’t had significant

exposure in the trading book yet, therefore, the standard

method is still adequate.

c. The biggest market risk to the Bank is currency rate risk

that can still be calculated and measured in the basis of

‘net foreign exchange position’.

3. Operational Risk

Bank’s method applies in calculating capital charge for

operational risk is Basic Indicator Approach (BIA). The

calculation using this approach is in accordance with Bank

Indonesia Circular Letter No. 11/3/DPNP dated January

27, 2009 about the calculation guideline Risk Weighted

Assets (RWA) for operational risk that uses Basic Indicator

Approach, that is:

RWA = 12.5 x Capital Charge

Capital charge is calculated based on the average last three

years of annual positive gross income multiplied by 15%

(fifteen percent).

The use of a standardized approach and advanced method has

not been necessary in calculating capital charge for operational

risk because the Bank still considers the calculation of capital

charge for operational risk using Basic Indicator Approach is still

adequate in anticipation of operational risk.


Komposisi permodalan PT Bank Resona Perdania posisi 31

Desember 2013 dan 31 Desember 2012 dapat dilihat pada

tabel di bawah ini:

No Komponen Modal / Capital Components31 Desember 2013/

December 31, 201331 Desember 2012/December 31, 2012

Bank Bank

I KOMPONEN MODALCapital ComponentsA. Modal Inti Core Capital 1,895,923,975,192 1,502,968,518,712

1. Modal Disetor Paid-Up Capital 285,000,000,000 285,000,000,000

2. Cadangan Tambahan Modal Additional Capital Reserves 1,632,037,941,763 1,239,082,485,283

3. Modal Inovatif Innovative Equity - -

4. Faktor Pengurang Modal Inti Core Capital Deduction Factor (21,113,966,571) (21,113,966,571)

5. Kepentingan Non Pengendali Non-Controlling Interests - -

B. Modal Pelengkap Complementary Capital 82,285,954,770 115,222,691,779

1. Level Atas (Upper Tier 2) Upper Tier 2 103,399,921,341 136,336,658,350

2. Level Bawah (Lower Tier 2) maksimum 50% Modal Inti Lower Tier Maximum 50% from Core Capital - -

3. Faktor Pengurang Modal Pelengkap Deduction Factor for Complementary Capital (21,113,966,571) (21,113,966,571)

C. Faktor Pengurang Modal Inti dan Modal Pelengkap Deduction Factor for Core Capital and Complementary Capital - -

Eksposur SekuritisasiSecuritization Exposure - -

D. Modal Pelengkap Tambahan (Tier 3) Additional Complementary Capital (Tier 3) - -

E. MODAL PELENGKAP TAMBAHAN YANG DIALOKASIKAN MENGANTISIPASI RISIKO PASAR ADDITIONAL COMPLEMENTARY CAPITAL ALLOCATED FOR MARKET RISK - -

II TOTAL MODAL INTI DAN MODAL PELENGKAP (A+B-C)TOTAL CORE AND COMPLEMENTARY CAPITAL (A+B-C) 1,978,209,929,962 1,618,191,210,491

III

TOTAL MODAL INTI, MODAL PELENGKAP, DAN MODAL PELENGKAP TAMBAHAN YANG DIALOKASIKAN UNTUK MENGANTISIPASI RISIKO PASAR (A+B-C+E)TOTAL CORE, COMPLEMENTARY CAPITAL AND ADDITIONAL COMPLEMENTARY CA[ITAL WHICH COVER MARKET RISK (A+B-C+E)

1,978,209,929,962 1,618,191,210,491

IV ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO KREDITRISK WEIGHTED AVERAGE (RWA) BY CREDIT RISK 10,114,711,782,613 8,767,911,211,536

V ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO OPERASIONALRISK WEIGHTED AVERAGE (RWA) BY OPERATIONAL RISK 811,579,953,538 730,166,509,888

VI ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO PASARRISK WEIGHTED AVERAGE (RWA) BY MARKET RISK 91,216,758,241 12,869,657,200

A. Metode Standar Standard Method 91,216,758,241 12,869,657,200

B. Metode Internal Internal Method - -

TOTAL ATMR (Risiko Kredit, Operasional, dan Pasar)TOTAL RWA (Credit, Operational, and Market) 11,017,508,494,392 9,510,947,378,624

VII

RASIO KEWAJIBAN PENYEDIAAN MODAL MINIMUM UNTUK RISIKO KREDIT, RISIKO OPERASIONAL DAN RISIKO PASAR [III : (IV + V + VI)]THE AVAILABLE RATIO OF THE OBLIGATION TO PROVIDE MINIMUM CAPITAL FOR CREDIT, OPERATIONAL AND MARKET RISK [III : (IV + V + VI)]

17.96% 17.01%

Capital Composition of PT Bank Resona Perdania as of December

31, 2013 and December 31, 2012 can be seen in the following

table:


PenGUnGKAPAn eKSPOSUR RISIKO DAn PeneRAPAn

MAnAJeMen RISIKO

1. PenGUnGKAPAn MenGenAI PeneRAPAn MAnAJeMen

RISIKO BAnK SeCARA UMUM

Manajemen risiko dapat berfungsi sebagai alat pengendali

risiko dan juga sebagai alat untuk mendukung kegiatan usaha

Bank dimana tujuan utama dari manajemen risiko adalah

melaksanakan prinsip kehati-hatian bank dalam menjalankan

aktivitas operasionalnya. Pengelolaan operasional PT Bank

Resona Perdania sedapat mungkin terintegrasi dalam satu

sistem pengelolaan risiko yang akurat dan komprehensif

dan mampu menganalisa dan mengelola seluruh risiko yang

terkait.

a. Pengawasan aktif Dewan Komisaris dan Direksi

Efektifitas dari penerapan manajemen risiko di Bank

merupakan bagian yang tak terpisahkan dari tanggung

jawab Dewan Komisaris dan Direksi dan dalam upaya untuk

melakukan pengawasan serta mitigasi risiko secara aktif

maka Dewan Komisaris dan Direksi dituntut untuk memiliki

pemahaman yang baik atas risiko-risiko yang dihadapi oleh

Bank dalam menjalankan kegiatan usahanya.

Adanya forum Komite Pemantauan Risiko yang diadakan

secara berkala guna membahas laporan profil risiko yang

dibuat oleh Bagian Risk Manajemen mengenai hasil

penilaian Bank terhadap profil risiko yang dihadapi, dapat

mendukung Dewan Komisaris dan Direksi untuk memiliki

pemahaman yang baik atas risiko-risiko yang Bank

hadapi.

b. Kecukupan kebijakan, prosedur, dan penetapan limit

Dalam menjalankan visi, misi dan strategi bisnisnya, Bank

telah memiliki kebijakan dan prosedur manajemen risiko

serta limit risiko sebagai bagian dari penerapan manajemen

risiko yang efektif. Kebijakan dan prosedur tersebut juga

sudah dilengkapi dengan toleransi risiko dan limit risiko

untuk setiap jenis risiko yang Bank hadapi dan dievaluasi

minimal satu kali dalam setahun.

Strategi manajemen risiko yang dibuat oleh Bank dibuat

berdasarkan strategi bisnis Bank secara keseluruhan

dengan memperhatikan tingkat risiko yang akan diambil

dan toleransi risiko yang telah ditentukan oleh Bank.

DISCLOSuRE OF RISK EXPOSuRE AND RISK MANAGEMENT

IMPLEMENTATION

1. GENERAL DISCLOSuRE OF THE BANK’S RISK MANAGEMENT

IMPLEMENTATION

Risk management can serve as a means of controlling risks and

also as a tool of supporting the Bank’s business activities, in

line with the main purpose of risk management in which the

Bank implements the prudential principle in running the Bank’s

operational activities. Operational management of PT Bank

Resona Perdania should be integrated into an accurate and

comprehensive risk management system enable of analyzing and

managing all the related risks.

a. Active Supervision by the Board of Commissioners and the

Board of Directors

Effectiveness of the Bank’s risk management implementation

is an integral part of the responsibilities of the Board of

Commissioners and the Board of Directors. In an effort

to supervise and actively mitigate risks, thus the Board of

Commissioners and the Board of Directors are required to

have a good understanding of the risks faced by the Bank in

running its business activities.

The Risk Monitoring Committee forum, which is held regularly

to discuss about the risk profile report made by the Risk

Management division on the Bank’s assessment of the risk

profile being faced, it can supports the Board of Commissioners

and the Board of Directors to have a good understanding of

the risks the Bank faces.

b. Adequacies of policies, procedures andlimits

In executing its vision, mission and business strategies, the

Bank has policies, risk management procedures and risk limits

as part of the implementation of effective risk management.

Policies and procedures are also equipped with the risk

tolerance and the risk limits for each type of risk the Bank faces

and evaluated at least once in a year.

Bank’s Risk management strategies have drafted based on the

Bank’s overall business strategies with respect to the levels of

risks to taken and the risk tolerance the Bank has determined.


Penetapan limit dilakukan secara komperehensif atas

seluruh aspek yang terkait dengan risiko, yang mencakup

limit secara keseluruhan dan limit per risiko. Limit yang telah

ditetapkan tersebut direview secara berkala oleh Direksi

dan/atau Bagian Manajemen Risiko untuk menyesuaikan

terhadap perubahan kondisi yang terjadi.

c. Kecukupan proses identifikasi, pengukuran, pemantauan,

dan pengendalian risiko, serta Sistem Informasi Manajemen

Risiko.

Identifikasi

Tujuan identifikasi adalah untuk mengidentifikasi seluruh

sumber risiko yang ada dan potensial pada produk dan

aktifitas bank termasuk risiko dari produk dan aktifitas baru.

Prinsip-prinsip pengidentifikasian risiko adalah sebagai

berikut:

a) Bersifat proaktif.

b) Mencakup seluruh aktivitas fungsional.

c) Menggabungkan dan menganalisa informasi risiko dari

seluruh sumber informasi yang tersedia.

d) Menganalisa probabilitas timbulnya risiko serta

dampaknya.

Pengukuran

Metode pengukuran Risiko dilakukan secara kuantitatif

dan/atau kualitatif. Metode pengukuran yang digunakan

untuk risiko kredit, risiko pasar dan risiko operasional

menggunakan metode yang ditetapkan oleh Bank

Indonesia dalam rangka penilaian Risiko dan perhitungan

modal sesuai dengan peraturan Bank Indonesia yang

berlaku. Namun untuk risiko pasar, Bank juga sudah

mengembangkan metode internal yang ditujukan untuk

kepentingan internal Bank.

Pemantauan

Bagian Manajemen Risiko melakukan pemantauan

terhadap implementasi strategi manajemen risiko yang

direkomendasikan oleh Komite Manajemen Risiko dan

yang telah disetujui oleh Direksi serta memantau posisi/

eksposur risiko. Apabila terdapat perubahan kegiatan

usaha Bank, produk, transaksi, faktor risiko, teknologi

informasi dan sistem informasi Manajemen Risiko yang

bersifat material, Bank harus melakukan penyempurnaan

proses pelaporannya.

The limit is set comprehensively based on all aspects that

relate to risks, which include overall limits and the limit per risk.

The limit set is periodically reviewed by the Board of Directors

and/or the Risk Management division to adjust to changing

conditions.

c. Adequacy of the processes in risk identification, measurement,

monitoring and control, as well as Risk Management

Information System.

Identification

The purpose of identification is to identify all sources of existing

and potential risks to the Bank’s products and activities,

including risks of new products and activities.

The principles of risk identification are as follows:

a) Becoming proactive.

b) Covering all functional activities.

c) Combining and analyzing risk information from all

available sources of information.

d) Analyzing the probability of emerging risk and its impact.

Measurement

Risk measurement method is applied quantitatively and/or

qualitatively. The measurement method applied in credit risk,

market risk and operational risk uses the method determined

by Bank Indonesia, so as to assess the risk and capital

calculation in accordance with applicable regulation of Bank

Indonesia. For the market risk, nevertheless, the Bank has

developed an internal method intended for the Bank’s internal

purposes.

Monitoring

Risk Management Division monitors the implementation of

risk management strategies that are recommended by Risk

Management Committee and have been approved by the

Board of Directors. The division also monitors risk position

with exposure. Should there be a change, which is material,

in the Bank’s business activities, products, transactions,

risk factors, information technology and risk management

information system, the Bank should make improvements on

the reporting process.


Pengendalian

Proses pengendalian Risiko yang diterapkan Bank

disesuaikan dengan eksposur Risiko maupun tingkat Risiko

yang akan diambil dan toleransi Risiko yang dapat diterima.

Sistem Informasi Manajemen Risiko

Bank mengembangkan Sistem Informasi Manajemen

untuk kebutuhan manajemen risiko secara berkelanjutan

dengan mempertimbangkan volume eksposur risiko dan

kemampuan sistem. Pengembangan sistem informasi

manajemen memperhatikan kebutuhan bank secara

konsolidasi sehingga Bank dapat mengukur eksposur

risiko baik pada kegiatan usaha bank dan perusahaan anak

secara akurat, informatif, dan tepat waktu.

d. Sistem pengendalian intern yang menyeluruh.

Terselenggaranya sistem pengendalian intern Bank yang

handal dan efektif menjadi tanggung jawab dari seluruh

satuan kerja operasional dan satuan kerja pendukung serta

Satuan Kerja Audit Intern. Dalam melaksanakan sistem

pengendalian intern secara efektif dalam penerapan

Manajemen Risiko, Bank mengacu pada kebijakan dan

prosedur yang telah ditetapkan dimana penerapan prinsip

pemisahan fungsi (four eyes principle) harus memadai dan

dilaksanakan secara konsisten.

2. PenGUnGKAPAn MenGenAI PeneRAPAn MAnAJeMen

RISIKO BAnK SeCARA KhUSUS

a. Risiko Kredit

1) Pengungkapan Umum

Penerapan manajemen risiko untuk risiko kredit

Dalam upaya menjaga risiko kredit yang melekat pada

kegiatan usaha Bank agar tetap terkendali pada batas

yang dapat diterima serta masih memberikan keuntungan,

Bank berpedoman kepada termasuk namun tidak terbatas

pada Kebijakan Perkreditan dan Kebijakan Manajemen

Risiko Kredit yang ditetapkan oleh Direksi dengan

persetujuan Dewan Komisaris, dimana pemisahan fungsi

kerja (segregation of duty) dan four eyes principle telah

diimplementasikan dengan baik dalam proses pemberian

kredit untuk masing-masing unit terkait.

Aktivitas dari eksposur risiko kredit Bank yang signifikan

berasal dari transaksi pemberian kredit yang mencapai

kurang lebih 70% dari total asset Bank, sehingga strategi

manajemen risiko kredit lebih difokuskan untuk mengelola

Control

The risk control process the Bank has applied adjusted with the

risk exposure and the level of risk to be taken with acceptable

risk tolerance.

Risk Management Information System

The Bank has developed a Management Information System

for the needs of sustainable risk management, by considering

the volume of risk exposure and the ability of the system. The

development of management information system takes into

account the Bank’s consolidated needs, thus the Bank can

measure the risk exposure in the business activities of the Bank

and its subsidiary in accurate, informative and timely manner.

d. Comprehensive system of internal control.

The implementation of the Bank’s effective and reliable

internal control system becomes the responsibility of the

entire operational and supporting unit, as well as Internal

Audit Working Unit. In applying an effective internal control

system to the implementation of the Risk Management, the

Bank refers to the policies and procedures that have been

set, in which the four eyes principle is to be adequately and

consistently applied.

2. SPECIFIC DISCLOSuRE OF THE BANK’S RISK MANAGEMENT

IMPLEMENTATION

a. Credit Risk

1) General Disclosure

Risk management implementation for credit risk

In an effort to maintain the credit risk inherent in the Bank’s

business activities, which are controllable and acceptable with

profit contribution, the Bank has set the guideline that includes

but not limited to Credit Policy and Credit Risk Management

Policy set by the Board of Directors with the approval of the

Board of Commissioners, wherein the segregation of duty and

four eyes principle have been well implemented in the process

of lending to each relevant unit.

Activities of the Bank’s significant credit risk exposures come

from lending transactions that have reached approximately

70% of the Bank’s total assets, Thus, credit risk management

strategy is more focused on managing the provision of credit


pemberian kredit agar dapat mengoptimalkan pendapatan

namun tetap berdasarkan Prinsip Kehati-hatian dalam

pemberian kredit.

Bank telah menetapkan limit yang diperlukan untuk

mengelola risiko konsentrasi kredit seperti limit eksposur

untuk masing-masing sektor ekonomi yang direview 2 kali

dalam setahun dan juga penetapan soft limit terhadap

limit yang telah ditetapkan oleh Bank Indonesia sesuai

peraturan Bank Indonesia mengenai Batas Maksimum

Pemberian Kredit.

Untuk mengukur risiko kreditnya, Bank menggunakan

metode pendekatan standar, pengukuran ini menggunakan

konsep Risiko Kredit yang ditetapkan dalam Basel II dimana

risiko kredit diukur berdasarkan eksposur yang memiliki

peringkat eksternal.

Definisi dari tagihan yang telah jatuh tempo mengacu

kepada Surat Edaran Bank Indonesia No. 13/ 6/ DPNP perihal

Pedoman Perhitungan Aset Tertimbang Menurut Risiko

untuk Risiko Kredit dengan Menggunakan Pendekatan

Standar, yaitu tagihan yang telah jatuh tempo lebih dari 90

hari, baik atas pembayaran pokok dan/ atau pembayaran

bunga, sedangkan tagihan yang mengalami penurunan

nilai adalah tagihan yang terdapat bukti obyektif kerugian

akibat terjadinya satu atau lebih peristiwa yang merugikan

yg berdampak pada estimasi arus kas yang akan datang

yang dapat diestimasi secara andal

Pendekatan yang digunakan untuk pembentukan

Cadangan Kerugian Penurunan Nilai (CKPN) kolektif

menggunakan metode migrasi dari Probability of Default

(PD) menggunakan data 5 tahun, lalu Loss Given Default

menggunakan data recovery rate berdasarkan data historis

Bank 5 tahun terakhir, serta Loss Identification Period

yang merupakan waktu yang diperlukan oleh Bank untuk

mengidentifkasi adanya kejadian kerugian. Sedangkan,

untuk CKPN individual dibentuk dengan menggunakan

arus kas masa mendatang yang didiskonto menggunakan

suku bunga efektif awal dari kredit.

2) Pengungkapan risiko kredit dengan pendekatan standar

Peringkat yang digunakan dalam menghitung Aktiva

Tertimbang Menurut Risiko (ATMR) untuk risiko kredit

adalah peringkat terkini yang dikeluarkan oleh lembaga

pemeringkat yang diakui oleh Bank Indonesia sesuai

ketentuan Bank Indonesia yang mengatur mengenai

lembaga pemeringkat dan peringkat yang diakui Bank

Indonesia.

in order to optimize revenue, yet staying in comformity with

the banking prudent principles.

The Bank has set limits necessary to manage the concentration

of credit risk as exposure limits for each of the economic sectors

that reviewed two times a year, as well as soft limit set by

Bank Indonesia, which is in accordance with Bank Indonesia

regulation on Maximum Limit of Credit Provision.

To measure the credit risk, the Bank uses the standard

approach method. This measurement uses the concept of

Credit Risk set in the Basel II, in which credit risk is measured

based on the exposure with external rank.

Definition of the bill that is due refers to the Bank Indonesia

Circular Letter No. 13/6/DPNP on the Guideline of Weighted

Assets Calculation in conformity with Risk and Credit Risk

using Standard Approach, which is bills with more than 90

days overdue, either for principal or interest payment. As

for the bills with decreasing value is those with the objective

evidence of loss due to the occurrence of one or more adverse

events, which have the impact to cash flows and can be

reliably estimated.

The approach used for the formation of Allowance for

Impairment Losses (CKPN) applies migration method, from

Probability of Default (PD) using the five-year data to Loss

Given Default using data recovery rate based on the Bank’s

historical data within the last five years as well as Loss

Identification Period which is the time the Bank needs to

identify the incidence of losses. Meanwhile, the individual

Allowance for Impairment Losses uses future cash flows

discounted at initial effective interest rate.

2) Disclosure of credit risk with the standard approach

Rating used in calculating Risk Weighted Assets (RWA) for

credit risk is the latest rating issued by rating agencies that

are recognized by Bank Indonesia, as in accordance with Bank

Indonesia stipulation that governs matters related to rating.


Berdasarkan posisi laporan per 31 Desember 2013, kategori

portfolio Bank yang menggunakan peringkat hanya

ditemukan pada Tagihan kepada Bank dan Tagihan kepada

korporasi.

Lembaga pemeringkat yang digunakan sesuai ketentuan

Bank Indonesia yang mengatur mengenai lembaga

pemeringkat dan peringkat yang diakui Bank Indonesia,

yaitu lembaga pemeringkat internasional; Standard and

Poor’s (S&P), Moody’s Investor Service dan Fitch Ratings,

sedangkan untuk lembaga pemeringkat lokal, yaitu; PT.

Pemeringkat Efek Indonesia (Pefindo), PT. Fitch Ratings

Indonesia dan ICRA Indonesia.

Untuk risiko kredit pihak lawan (Counterparty Credit Risk),

eksposur Bank hanya berasal dari transaksi derivatif saja.

3) Pengungkapan Mitigasi risiko kredit dengan menggunakan

pendekatan standar

Dalam kebijakan Bank mengenai agunan utama yang

diterima, Bank dapat menerima agunan diantaranya tanah

dan bangunan, mesin-mesin, peralatan, blokir rekening

dan juga standby lc, namun dalam hal mitigasi risiko kredit

dan juga mengedepankan prinsip kehati-hatian yang

tinggi, Bank hanya mengakui jaminan yang setara dengan

jaminan tunai sebagai pengurang dari eksposur risiko

kredit, seperti blokir rekening dan juga standby lc.

Nilai jaminan yang diakui tersebut harus tidak boleh lebih

besar dari eksposur kredit yang Bank miliki, serta jangka

waktu dari jaminan tersebut minimal harus sama dengan

jangka waktu eksposur kredit.

Sesuai dengan pasal 35 PBI no. 14/15/PBI/2012 aktiva

produktif diatas Rp. 5,000,000,000.- (Lima Milyar Rupiah)

secara prinsip penilaian agunan harus dilakukan oleh penilai

independen untuk agunan tanah, bangunan dan juga

mesin-mesin. Bank juga melakukan revaluasi agunan untuk

memastikan apakah ada perubahan-perubahan antara data

yang ada dengan kenyataan yang ada di lokasi agunan,

seperti peningkatan, penurunan, perkembangan lokasi serta

perubahan lingkungan yang dilakukan secara berkala.

Berdasarkan data posisi 31 Desember 2013, pihak pemberi

garansi (standby lc) lebih banyak diberikan oleh perusahaan

induk dari Bank, yaitu Resona Jepang yang memiliki

peringkat investment grade, yaitu A2 dari Moody’s.

Based on the report as of December 31, 2012, the Bank’s

portfolio categories that have external rating only could be

found for Claims on Bank and Claims on corporation.

Rating agencies used is those that are in accordance with

Bank Indonesia stipulation that governs matters related

to rating. They are international rating agencies, namely;

Standard and Poor’s (S & P), Moody’s Investors Service and

Fitch Ratings, while for local rating agencies, they are PT. The

Securities Indonesia (Pefindo), PT. Fitch Ratings Indonesia and

ICRA Indonesia.

For Counterparty Credit Risk, the Bank’s exposure only comes

from derivative transactions.

3) Disclosure of Credit Risk mitigation by using Standardized

Approach

According to the Bank’s policy on primary collateral

received, the Bank may accept collateral including land

and building, machinery, equipment, blocked account and

standby lc. However, in terms of credit risk mitigation and

the implementation of banking prudent principles, the Bank

only recognizes collateral equivalent to cash collateral as the

reduction of credit risk exposure, such as blocked account and

standby lc.

The value of the collateral must not be higher than the Bank’s

credit exposure, and the collateral period must be at least

equal to the period of the credit exposure.

Based on Article 35 of Bank Indonesia Regulation no. 14/15/

PBI/2012, earning assets above Rp 5,000,000,000. - (Five

Billion Rupiah) in principle appraisal must be performed by

an independent appraiser for land mortgage, building and

machinery. The Bank also regularly conducts revaluation of

the collateral to ensure whether there are changes between

the existing data with the factual value in the location of

collateral, such as an increase/ decrease in the value of

the collateral, the development of the location, as well as

environmental changes.

Based on data as of December 31, 2013, standby lc given more

by the Bank’s parent company, which is Resona Japan whose

investment grade rated A2 by Moody’s.


Dari total IDR 548 miliar untuk agunan tunai dan garansi

yang Bank gunakan dalam teknik mitigasi risiko kredit,

ada sebanyak 69% yang terkonsentrasi pada bobot risiko

sebesar 0% dan sisanya terkonsentrasi pada bobot risiko

20% dan 50% dengan porsi untuk masing-masing bobot

risiko sebesar 13% dan 18%.

4) Pengungkapan Sekuritisasi Aset

Bank tidak memiliki eksposur sekuritisasi aset.

b. Risiko Pasar

1) Pengungkapan risiko pasar dengan menggunakan Metode

Standar

Penerapan manajemen risiko untuk risiko pasar

Pengelolaan transaksi yang mengandung Risiko Pasar

merupakan tanggung jawab dari Bagian Treasury dan

dimonitor oleh Bagian Manajemen Risiko.

Proses Pembentukan Limit, simulasi volatilitas, dan

penggunaan data pasar harus diverifikasi terlebih dahulu

oleh bagian Manajemen Risiko. Kondisi-kondisi atas risiko

pasar baik dari tingkat suku bunga maupun nilai tukar

dibahas dan didiskusikan secara berkala melalui Komite

Aset dan Kewajiban (Asset and LiabilityManagement)

Dalam mengelola risiko pasar, Bank menetapkan strategi

dimana instrument keuangan yang dimiliki oleh bank

dikelompokkan berdasarkan sifat instrument. Selain itu

terkait posisi trading book, bank hanya menggunakan

posisi tersebut dalam rangka mengcover posisi nasabah.

Adapun portofolio dari pengelolaan risiko pasar mencakup:

(1) Risiko Suku Bunga pada Trading Book, (2) Risiko Nilai

Tukar, serta (3) Risiko Suku Bunga pada Banking Book.

Bank secara konsisten mengelompokkan portofolio yang

dimiliki kedalam kategori trading, available for sale, maupun

hold to maturity, yang dimaksudkan untuk memudahkan

perhitungan risiko suku bunga pada banking book.

(1) Risiko Suku Bunga pada Trading Book diukur

menggunakan metode historical simulation, sementara

penetapan parameter kuantitatif diperoleh dari

penggunaan pengukuran risiko dan dianalisa secara

berkala.

(2) Risiko Nilai Tukar dianalisa secara berkala, dan dilakukan

konsolidasi terhadap posisi terbuka secara bersih dari

posisi terbuka yang dimiliki serta dilakukan penetapan

From total Rp 548 billion for the Bank’s cash collateral

and guarantees that Bank used for credit risk mitigation

techniques, there was 56% is concentrated in the 0% risk

weight, and the remaining is concentrated in the risk weight

of between 20% and 50% with portion for each risk weight

accounted for 19% and 25%, respectively.

4) Disclosure of Asset Securitization

The Bank does not have the asset securitization exposure.

b. Market Risk

1) Disclosure of market risk with the standard approach

Risk Management Implementation for Market Risk

The management of transaction that contains of Market Risk

is the responsibility of Treasury Division and monitored by Risk

Management Division.

Limit formation process, simulated volatility, and the use of

market data must be first verified by the Risk Management

Division. Conditions on the market risk, whether from interest

rate or exchange rate, discussed on a regular basis through the

Asset and Liability Management Committee.

In managing market risk, the Bank has established a strategy

in which the financial instruments the Bank possesses are

grouped based on the nature of the instruments. In addition,

related to trading book position, the Bank only uses the

position to cover customer’s position. The portfolio of market

risk management includes: (1) Interest Rate Risk in the Trading

Book, (2) Foreign Exchange Risk and (3) Interest Rate Risk in

the Banking Book.

The Bank consistently groups its portfolio into categories of

trading, available for sale, or hold to maturity, which intended

to facilitate the calculation of interest rate risk in the banking

book.

(1) Interest Rate Risk in the Trading Book is measured using

historical simulation method. Meanwhile, the quantitative

determination of parameters obtained from the use of risk

measurement that analyzed periodically.

(2) Foreign Exchange Risk analyzed periodically with

consolidation conducted on the net open position of the open

position held, as well as consistently setting internal limit


limit internal untuk Posisi Devisa Netto secara konsisten

untuk mencegah terjadinya pelampauan batas yang

telah ditetapkan. Hal ini dilakukan secara harian selama

setiap 30 menit selama jam kerja Treasury.

(3) Pada Risiko Suku Bunga pada Banking Book, Bank

menetapkan perlakuan atas instrument yang tidak

memiliki jangka waktu berdasarkan data historis yang

dimiliki paling lama 5 (lima) tahun.

2) Pengungkapan risiko pasar dengan menggunakan Metode

Internal

Dalam menghitung Risiko Pasar untuk kebutuhan

pelaporan Kewajiban Penyediaan Modal Minimum, Bank

menggunakan Metoda Standar sesuai ketentuan Bank

Indonesia. Namun untuk kebutuhan internal, dan untuk

mengantisipasi kebijakan perbankan dimasa datang, Bank

juga mempelajari dan mengembangkan model internal

yang menggunakan pendekatan VaR (Value at Risk).

Portofolio trading book yang Bank miliki hanya berasal dari

transaksi derivatif dari jual beli valuta asing.

Bank juga menjalankan metode stress testing untuk

memperkirakan dan mengantisipasi timbulnya risiko pasar

sebagai akibat dari volatilitas yang terjadi baik dari risiko

suku bunga maupun risiko nilai tukar.

Stress testing dilakukan oleh Bank dengan menggunakan

standardized shock market, yaitu kenaikan/penurunan

indikator pasar secara paralel atau non-paralel, seperti

perubahan nilai suku bunga atau perubahan nilai tukar.

Stress testing dilakukan minimal setiap triwulan.

Selain stress testing, Bank juga melakukan backtesting untuk

menguji model perhitungan VaR yang diimplementasikan

oleh bank. Hal ini guna memastikan bahwa metode

pengukuran atas risiko pasar yang dijalankan oleh Bank

masih tetap valid dan dapat diterima hasil perhitungannya.

Adapun pendekatan yang dilakukan adalah dengan

membandingkan VaR harian dengan laba/ rugi aktual harian

ataupun menggunakan laba/ rugi hipotesis sebagaimana

disebutkan dalam peraturan Bank Indonesia

c. Risiko Operasional

Penerapan manajemen risiko untuk risiko operasional

Bagian Manajemen Risiko bertanggung jawab untuk

mengelola risiko operasional secara komprehensif, sementara

for Net Open Position to avoid the overlimit. This is done on

a daily basis for every 30 minutes during Treasury’s working

hours.

(3) In the Interest Rate Risk in the Banking Book, the Bank sets

the treatment of instruments that do not have a time period,

based on the historical data, of 5 (five) years the longest.

2) Disclosure of market risk with the internal model approach

In calculating the market risk for the need of reporting

the Capital Adequacy, the Bank uses standard method in

accordance with Bank Indonesia stipulation. However, for

internal need, and to anticipate the future banking policy, the

Bank also learns and develops internal model that uses VaR

(Value at Risk) approach.

Portfolio of trading book that Bank had only coming from

derivative transactions for buying and selling foreign

exchange.

The Bank also runs stress-testing method to estimate and

anticipate market risk emerged as a result of the volatility

from both interest rate risk and exchange rate risk.

In conducting stress testing, the Bank uses standardized shock

market, which is the increase / decrease in parallel or non-

parallel market indicators, such as the change of interest rate

or the change of foreign exchange currency. Stress testing is

conducted at least once every quarter.

Besides stress testing, the Bank also conducts back testing to

trial VaR calculation model the Bank implements. This is to

ensure that the measurement method on the market risk run

by the Bank is still valid with acceptable calculation. Method of

approaching by comparing Daily VaR with actual profit/loss

or using hypothetical Profit/Loss as stated in Bank Indonesia

Regulation.

c. Operational Risk

Risk management implementation for operational risk

Risk Management division is responsible for comprehensively

managing operational risk in a comprehensive manner, while


Seksi Administrasi Proses yang merupakan sub dari Bagian

Manajemen Risiko, melakukan review berkala atas setiap

prosedur dan melakukan perbaikan kontrol. Bagian/Seksi

terkait melakukan review yang memerlukan perubahan

segera atas suatu prosedur untuk memenuhi ketentuan baru

yang ditetapkan oleh regulator dan mengajukan permintaan

perubahan kepada Seksi Administrasi Proses.

Sistem pelaporan ke Direksi mengenai risiko operasional dari

Bagian Manajemen Risiko dilakukan dan dievaluasi secara

berkala.

Laporan yang disampaikan ke direksi adalah Laporan Profil

Risiko Operasional, Laporan atas kejadian/kerugian risiko

operasional yang bersifat serius, serta Laporan yang terkait

kejadian risiko operasional tahunan.

Bank Resona Perdania mengidentifikasi risiko operasional yang

melekat pada seluruh aktivitas fungsional, seluruh proses dan

sistem informasi baik yang disebabkan karena faktor eksternal

maupun internal.

PT Bank Resona Perdania memetakan 4 faktor utama penyebab

risiko operasional yang menjadi pilar dalam pemetaan

program-program pengelolaan risiko operasional sebagai

berikut: kesalahan manusia, kesalahan proses, kegagalan

sistem dan infrastruktur, serta faktor eksternal.

Pengukuran pembebanan modal untuk antisipasi risiko

operasional secara keseluruhan dilakukan oleh Bagian

Manajemen Risiko. Perhitungan ATMR untuk Risiko Operasional

dalam perhitungan KPMM dilakukan dengan menggunakan

Basic Indicator Approach.

PT Bank Resona Perdania berupaya untuk selalu mengembangkan

teknik mitigasi risiko operasional yang tertuang dalam kebijakan

atau prosedur mengenai hal tersebut sesuai dengan fokusnya.

Identifikasi risiko dilakukan melalui mekanisme pelaporan risiko

operasional dan operational risk control self assessment. Kedua

mekanisme ini akan menghasilkan action plan untuk memitigasi

dan mencegah risiko.

d. Risiko Likuiditas

Penerapan manajemen risiko untuk risiko likuiditas

Pengelolaan likuiditas harian merupakan tanggung jawab

dari Bagian Treasury dimana seluruh bagian/seksi terkait yang

memiliki aktifitas transaksi/produk yang dapat mempengaruhi

kondisi likuiditas wajib melaporkannya kepada Bagian Treasury

secara tepat waktu dan akurat.

Process Administration Section as the subdivision of Risk

Management periodically conducts a review on every procedure

to make improvements. The related section does a review

that requires immediate change on a procedure to meet new

regulations se tby the regulator, and submits the change request

to the Process Administration Section.

The reporting system to the Board of Directors concerning

operational risk of the Risk Management Division is regularly

conducted and evaluated.

Reports submitted to the Board of Directors are Report on

Operational Risk Profile, Report on the events/ serious loss due to

operational risk, Report on annual operational risk related events.

Bank Resona Perdania identifies operational risk inherent in all

functional activities, processes and information systems due to

both external and internal factors.

PT Bank Resona Perdania has mapped four main factors of

operational risk cause that have become the pillars in mapping

the following operational risk programs, namely: human error,

process error, system and infrastructure failures, as well as external

factor.

Capital charge measurement to anticipate the overall operational

risks is undertaken by Risk Management Division. The calculation

of riskweighted assets for operational risk in the CAR computation

uses Basic Indicator Approach.

PT Bank Resona Perdania is always endeavored to develop

operational risk mitigation technique set in the policies or

procedures based on the focus. Risk identification is done through

the mechanisms of operational risk report and operational risk

control self assessment. Both mechanisms lead to an action plan

to mitigate and prevent risks.

d. Liquidity Risk

Risk management implementation for liquidity risk

Daily liquidity management is the responsibility of Treasury

Division, wherein all related sections whose activities of

transactions/products can give the impact to liquidity condition

are obliged to report to Treasury Division in a timely and accurate

manner.


Kondisi likuiditas dibahas dan didiskusikan secara berkala

(setiap bulan) melalui Komite Aset dan Kewajiban (Asset and

Liability Committee-ALCO) dan apabila diperlukan dapat

diadakan Liquidity Risk Committee Meeting jika kondisi

likuiditas cenderung menurun dan mendekati batas minimum

kondisi normal atau terdapat hal-hal lain yang perlu menjadi

perhatian dari bank sesegera mungkin, termasuk adanya

informasi signifikan yang dapat mempengaruhi kondisi

likuiditas, seperti issue kondisi pasar secara umum, krisis di

negara lain, dan lain-lain.

Selain itu, Bagian Risk Management, Bagian Treasury dan

Bagian Marketing secara intensif melakukan pemantauan

terhadap likuiditas Bank terkait dengan funding dan lending

yang Bank akan lakukan.

Pemantauan Risiko Likuiditas yang dilakukan oleh bank

senantiasa memperhatikan indikator peringatan dini untuk

mengetahui potensi peningkatan Risiko Likuiditas. Bagian

Manajemen Risiko menyusun pedoman yang berisi tingkatan

tahap likuiditas darurat serta strategi yang dilakukan pada

masing-masing tahap Pedoman tersebut mengacu dari trend

masing-masing indikator yang terdapat dalam Index Risiko

Likuiditas, dan tolak ukur masing-masing tahap berdasarkan

available fund hasil stress testing.

Bank mengembangkan paramater profil Risiko Likuiditas yang

komprehensif dan dapat menangkap risiko-risiko yang melekat

pada seluruh aktifitas dan produk bank. Alat pengukuran Risiko

Likuiditas tersebut meliputi:

1. Rasio Likuiditas

2. Profil Maturitas

3. Proyeksi Arus Kas

4. Stress Testing

e. Risiko hukum

Penerapan manajemen risiko untuk risiko hukum

Bagian Manajemen Risiko bertanggung jawab untuk

mengelola risiko hukum secara komprehensif, termasuk

sidalamnya dalam hal membuat dan menerapkan metode

untuk mengidentifikasi, mengukur dan mengendalikan/

mengurangi setiap risiko hukum dengan bekerja sama dengan

Unit Legal.

Dalam menjalankan fungsi-nya secara efektif dalam

pengendalian risiko hukum, Unit Legal sebagai satuan kerja/

fungsi yang membawahi bidang hukum, harus melakukan

review secara berkala terhadap kontrak dan perjanjian antara

Liquidity conditions are regularly discussed (every month) through

Asset and Liability Committee- ALCO, and if required, Liquidity Risk

Committee meeting may be held in the event that the liquidity has

the tendency to decrease and approach the minimum normal

condition, or other matters that need the Bank’s immediate

attention including significant information that may affect the

liquidity conditions, such as issues in general market conditions,

crises in other countries, and more.

In addition, Risk Management Division, Treasury Division and

Marketing Division intensively monitor the Bank’s liquidity

associated with the Bank’s upcoming funding and lending.

Liquidity Risk monitoring by the Bank always heeds early warning

indicator to determine the potential increase in Liquidity Risk. The

Risk Management Division drafts guideline containing emergency

liquidity levels, strategies implemented at each stage of the

guideline referring to the trend of each of indicators contained in

the Liquidity Risk Index, and the benchmark of each stage based

on available fund of the results of stress testing.

The Bank develops a comprehensive parameter of Liquidity Risk

profile that can get the risks inherent in the Bank’s all activities and

products. The Liquidity Risk tools include:

1. Liquidity Ratio

2. Maturity Profile

3. Cash Flow Projection

4. Stress Testing

e. Legal Risk

Risk management implementation for legal risk

Risk Management Division is responsible for managing legal risk

in a comprehensive manner, including creating and applying

method to identify, measure and control/reduce every legal risk by

collaborating with Legal Unit.

In effectively executing its functions in the legal risk control, Legal

Unit unit as a working unit oversees the law, periodically reviews

contracts and agreements between the Bank and other parties

by reevaluating for the validity check of the rights in the contracts


Bank dengan pihak lain dengan cara melakukan penilaian

kembali untuk mengecek validitas hak dalam kontrak dan

perjanjian, serta memastikan adanya akurasi, kelengkapan

dan integritas laporan serta system informasi manajemen

khususnya mengenai risiko hukum, misalnya melalui

penggunaan legal check sheet dll.

f. Risiko Stratejik

Penerapan manajemen risiko untuk risiko stratejik

Dalam hal penerapan manajemen risiko stratejik, setiap bagian/

seksi tanpa terkecuali terlibat dalam mengidentifikasi risiko

stratejik yang terjadi dalam lingkup bagian/ seksi-nya masing-

masing dimana Bagian Planning bertanggung jawab untuk

mengkordinasikan dari setiap kejadian risiko stratejik tersebut.

Sistem pelaporan kepada Direksi mengenai analisa risiko

stratejik dilakukan oleh Bagian Manajemen Risiko dan harus

dijaga hasil analisanya serta dievaluasi secara berkala.

Proses identifikasi atas risiko stratejik dilakukan oleh Bank

dalam perumusan rencana kerja dan laporan realisasi rencana

kerja Bank yang akan disampaikan ke Bank Indonesia, dalam

penyusunannya Bank mengumpulkan data-data atas setiap

aktivitas fungsional tertentu, sebagai contoh dari aktivitas

perkreditan (penyediaan dana kepada nasabah Bank), aktivitas

treasury (pengumpulan dana untuk kegiatan operasional Bank

dan kegiatan lainnya), perencanaan produk baru, investasi,

operasional dan jasa.

Dengan melakukan analisa SWOT (Strength, Weakness,

Opportunities, Threat), Bank dapat melakukan identifikasi

terhadap kekuatan dan kelemahan yang dimiliki. Potensi risiko

yang akan dihadapi oleh Bank juga dapat diidentifikasi dengan

melihat kesempatan dan ancaman yang ada. Parameter ini

dapat menggambarkan potensi keuntungan atau kerugian

yang akan dihadapi oleh Bank di masa yang akan datang.

Metode pengukuran risiko stratejik dilakukan secara kuantitatif

maupun kualitatif yang disesuaikan dengan jenis, skala dan

kompleksitas kegiatan usaha. Pengukuran dilakukan terhadap

aktivitas yang tidak sesuai dengan rencana bisnis secara internal

dan juga aktivitas eksternal yang dapat merugikan Bank.

Hasil pengukuran kerugian/risiko digunakan untuk

meningkatkan kualitas manajemen risiko, memantau risiko

stratejik, dan memperbaiki kegiatan dalam pekerjaan masing-

masing serta untuk melakukan improvisasi dalam penetapan

rencana bisnis untuk periode selanjutnya.

and agreements, as well as ensuring accuracy, completeness

and integrity of reports and management information system

especially in relation to legal risk, such as the use of legal sheet, etc.

f. Strategic Risk

Risk management implementation for strategic risk

In the implementation of strategic risk management, every

division/section is involved in identifying the strategic risks within

their divisions/ sections, wherein Planning Division is in charge of

coordinating each event of any such strategic risk.

The reporting system to the Board of Directors regarding strategic

risk analysis is carried out by the Risk Management Division and

the result must be maintained and evaluated periodically.

Strategic risk identification process is carried out by the Bank in

the formulation of the work plan and realization report of the

Bank’s work plan to be submitted to Bank Indonesia. In drafting

the submission, the Bank collects data of each of the certain

activities, for example from credit activities (the provision of credit

to the Bank’s customers), treasury activities (fund collection for

the Bank’s operational activity and other activities), new product

planning, investment, operation and service.

Through the analysis of SWOT (Strength, Weakness, Opportunities,

Threat), the Bank is able to identify its strengths and weaknesses.

The potential risks the Bank will face can also be identified by

looking at the existing opportunities and threats. This parameter

can describe the potential gains or losses that the Bank will face

in the future.

Strategic risk measurement method is carried out in a quantitative

and qualitative manner tailored to the type, scale and complexity

of business operations. The measurement is taken on activities

that are not in accordance with the business plan, be it internal or

external activities that have the potential to harm the Bank.

Results of measuring loss / risk are used to enhance the quality

of risk management, monitor strategic risk monitoring, improve

activities in their respective works, and improvise the business

plan set for the next period.


g. Risiko Kepatuhan

Penerapan manajemen risiko untuk risiko kepatuhan

Semua karyawan tanpa terkecuali terlibat dalam

mengidentifikasi peristiwa risiko kepatuhan yang terjadi dalam

lingkup Bagian/Cabang/Seksi-nya masing-masing dimana

compliance officer bertanggung jawab atas setiap kejadian

risiko kepatuhan pada Bagian/Cabang/Seksi-nya masing-

masing.

Satuan Kerja Kepatuhan (selanjutnya disebut sebagai “Bagian

Kepatuhan”) bertanggung jawab untuk mengelola risiko

kepatuhan, kecuali kewajiban untuk mengkaji ulang Kebijakan

Manajemen Risiko Kepatuhan ini dilakukan oleh Bagian

Manajemen Risiko.

Sistem pelaporan kepada Direksi mengenai analisa risiko

kepatuhan dari Bagian Manajemen Risiko dijaga dan

hasil analisanya dievaluasi secara berkala. Direktur yang

membawahkan Fungsi Kepatuhan memiliki peranan penting

dalam Manajemen Risiko untuk Risiko Kepatuhan dengan

tanggung jawab paling kurang sebagaimana diatur dalam

ketentuan yang berlaku mengenai pelaksanaan fungsi

kepatuhan Bank umum

Strategi manajemen Risiko disusun untuk memastikan bahwa

eksposur Risiko Bank dikelola secara terkendali sesuai dengan

kebijakan, prosedur intern Bank serta peraturan perundang-

undangan dan ketentuan lain yang berlaku.Strategi

Manajemen Risiko bank memiliki prinsip-prinsip umum

seperti : Berorientasi Jangka Panjang, Komprehensif dalam

Pengendalian dan Pengelolaan Risiko, serta Kecukupan Modal.

Pemantauan Risiko Kepatuhan dilakukan oleh Unit Kepatuhan

dan Bagian Manajemen Risiko, dimana Bagian Kepatuhan

melakukan pemantauan atas implementasi Manajemen risiko

kepatuhan disetiap Unit/Seksi/Bagian dan melaporkan hasilnya

kepada Bagian Manajemen Risiko. Pemantauan dilakukan

terhadap posisi/eksposur risiko secara keseluruhan, maupun

per aktvitas fungsional oleh Unit/Seksi/Bagian terkait dibawah

koordinasi oleh Unit Kepatuhan. Misalnya, pemantauan atas

kepatuhan terhadap Perjanjian Kredit, kepatuhan terhadap

limit, dan lain-lain yang dilaporkan oleh Seksi/Bagian terkait.

Bagian Audit bertindak sebagai fungsi audit akan melakukan

pemeriksaan terhadap implementasi risiko kepatuhan di setiap

Seksi/Bagian dan Bagian Manajemen Risiko akan melaporkan

profil risiko kepatuhan kepada Manajemen termasuk menindak

lanjuti temuan dari Bagian Audit.

g. Compliance Risk

Risk management implementation for compliance risk.

All employees are involved in identifying compiance risk events

in their Division/Branch/ Section, wherein compliance officer is

responsible for every compliance risk event in their respective

Division/Branch/Section.

Compliance Unit (hereinafter referred to as ”Compliance Division”)

is responsible for managing compliance risk, except that the

obligation to review the Compliance Risk Management Policy is

conducted by the Risk Management Division.

The reporting system to the Board of Directors on compliance

risk analysis of Risk Management Division is maintained and

the result is periodically evaluated. The director in charge of

Compliance Function has an important role in Risk Management

for Compliance Risk with responsibility at least as stipulated in

the applicable laws and regulations on the implementation of the

compliance functions of commercial bank.

Risk management strategy is designed to ensure that the Bank’s

risk exposure is managed in a internal policies, procedures and

applicable laws and regulations as well as other provisions. The

principles such as: Oriented Long-Term, Comprehensive Control

and Risk Management, and Capital Adequacy.

Compliance Risk Monitoring is conducted by Compliance Unit

and Risk Management Risk, where in Compliance Division

monitors and implements compliance risk management in every

Unit/Section/Division and repors the result to Risk Management

Division. Monitoring is done to the overall risk exposure/ position,

or functional activities by related Unit/Section/Division under

the coordination of Compliance Unit. For instance, monitoring of

compliance with the Credit Agreement, compliance to the limit,

and others reported by related Section/Division.

Audit Division acts as audit function to check the implementation

of compliance risk in every Section/Division, and Risk Management

Division will report the compliance risk profile to the management,

including the follow-up on the findings by the Audit Section.


h. Risiko Kepatuhan

Penerapan manajemen risiko untuk risiko reputasi

Bagian Planning mencatat dan menatausahakan setiap

kejadian yang terkait dengan risiko reputasi termasuk jumlah

potensi kerugian yang diakibatkan kejadian dan melakukan

analisa untuk memperkirakan potensi kerugian pada bank.

Sementara data keluhan nasabah diadministrasikan oleh Seksi

Komunikasi Nasabah dan dimonitor oleh Bagian Planning.

Pelaporan mengenai Risiko Reputasi kepada Dewan Direktur

secara berkala untuk keperluan evaluasi.

Sebagai bentuk pengendalian risiko reputasi, Bank

berpedoman pada kebijakan dan prosedur tertulis yang

memenuhi prinsip-prinsip transparansi dan peningkatan

kualitas pelayanan nasabah dan stakeholders lainnya dalam

rangka mengendalikan risiko reputasi. Bank juga menerapkan

kebijakan komunikasi yang tepat dalam rangka menghadapi

berita/ publikasi yang bersifat negatif atau pencegahan

informasi yang cenderung kontraproduktif, antara lain dengan

cara menerapkan strategi penggunaan media yang efektif

untuk mengcounter pemberitaan negatif.

Sistem pengendalian internal risiko reputasi dilakukan dengan

bekerjasama antara Bagian Planning dan Bagian Manajemen

Risiko. Pengendalian dilakukan dengan menggunakan

checksheet penilaian risiko dari Bagian Manajemen Risiko.

Bank juga menerapkan strategi mitigasi bank, yang dalam hal

ini berupa perbaikan prosedur secara terus menerus dengan

mempertimbangkan risiko, kepatuhan dan pelayanan kepada

nasabah. Pencegahan ini merupakan hal penting dan harus

diprioritaskan penanganannya agar tidak menimbulkan

keresahan baik bagi nasabah maupun karyawan Bank.

h. Compliance Risk

Risk management implementation for reputation risk

Planning Division records and administers every event associated

with reputation risk including the potential loss resulted from

the number of events, potential losses. Meanwhile, customer

complaint data is administered by the Customer Communications

Section and monitored by the Planning Section. Reputation Risk

reporting is submitted periodically to the Board of Directors for the

evaluation purpose.

As a form of reputation risk control program, the Bank refers to the

written policies and procedures that comply with the principles

of transparency and the enhancement of quality service for

customers and stakeholders in order to control reputation risk.

The Bank also implements appropriate communication policies to

deal with negative news/ publications or avoid counterproductive

information by implementing an effective strategy of media use to

counter negative publications.

The internal controlling system of the reputation risk is done

through the collaboration of Planning Division and Risk

Management Division. Controlling is carried out using a risk

assessment check sheet from the Risk Management Division.

The Bank also implements a banking mitigation strategy, which

is in this case a continuous improvement of the procedures by

considering risk, compliance and customer service. This is an

important prevention that must be prioritized so as not to cause

unrest among the Bank’s customers and employees.


Tabel 2.1.a. Pengungkapan Tagihan Bersih Berdasarkan Wilayah - Bank secara Individual

Table 2.1.a Disclosure of Net Claims by Region - Individual Bank

No.Kategori

Portofolio/ Portfolio Categories

31-Dec-13Tagihan Bersih Berdasarkan Wilayah/ Net Claim by Region

Jakarta Banten Jawa Barat Jawa Tengah Jawa Timur Luar Jawa Luar Negeri TotalJakarta Banten West Java Central Java East Java Outside Jawa Overseas Total

1

Tagihan Kepada Pemerintah/ Claim to TheGovernment

2,516,546 - - - - - - 2,516,546

2

Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities

- - - - - - - -

3

Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions

- - - - - - - -

4Tagihan Kepada Bank/ Claim to The Bank

400,626 - - - - - 840,985 1,241,611

5

Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans

- - - - - - - -

6

Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans

12,170 - 73,020 - 26,250 275,232 - 386,672

7Kredit Pegawai/Pensiunan/ Retired Employee Credit

- - - - - - - -

8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Smalldan Retail Portfolio

- - - - - - - -

9Tagihan kepada Korporasi/ Claim to Corporate

5,448,767 32,007 2,567,248 270,592 533,020 857,444 - 9,709,079

10Tagihan yang Telah Jatuh Tempo/ Claim on past due

43,900 - 8,446 - - - - 52,347

11 Aset Lainnya/ Others Asset 146,568 - - - - - - 146,568

12

Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available)

- - - - - - - -

Total 8,568,577 32,007 2,648,714 270,592 559,270 1,132,676 840,985 14,052,823


No.Kategori




1


1,955,909 - - - - - - 1,955,909

2


- - - - - - - -

3


- - - - - - - -


509,697 - 50,024 - - - 612,708 1,172,430

5


- - - - - - - -

6


9,638 108,208 - - - 37,419 - 155,264


- - - - - - - -

8


- - - - - - - -


4,743,192 40,128 1,977,257 341,970 533,139 744,228 - 8,379,915


54,549 - - - - - - 54,549


12


- - - - - - - -

Total 7,437,277 148,336 2,027,281 341,970 533,139 781,646 612,708 11,882,358


Tabel 2.1.a. Pengungkapan Tagihan Bersih Berdasarkan Wilayah - Bank secara Individual

Table 2.1.a Disclosure of Net Claims by Region - Individual Bank

No.Kategori




1


2,516,546 - - - - - - 2,516,546

2


- - - - - - - -

3


- - - - - - - -


400,626 - - - - - 840,985 1,241,611

5


- - - - - - - -

6


12,170 - 73,020 - 26,250 275,232 - 386,672


- - - - - - - -

8


- - - - - - - -


5,446,560 32,007 2,794,871 272,215 588,724 883,133 - 10,017,510


43,900 - 8,446 - - - - 52,347


12


- - - - - - - -

Total 8,569,611 32,007 2,876,337 272,215 614,974 1,158,364 840,985 14,364,494


No.Kategori




1


1,955,909 - - - - - - 1,955,909

2


- - - - - - - -

3


- - - - - - - -


509,697 - 50,024 - - - 612,708 1,172,430

5


- - - - - - - -

6


9,638 108,208 - - - 37,419 - 155,264


- - - - - - - -

8


- - - - - - - -


4,720,676 53,485 2,195,048 342,578 571,447 763,405 - 8,646,640


54,549 - - - - - - 54,549


12


- - - - - - - -

Total 7,416,162 161,693 2,245,072 342,578 571,447 800,824 612,708 12,150,484


Tabel 2.2.a. Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak - Bank secara Individual

Tabel 2.2.a. Disclosure of Net Claims Based Remaining Contract Term - Individual Bank

No. Kategori Portofolio/ Portfolio Categories

31-Dec-13Tagihan bersih berdasarkan sisa jangka waktu kontrak/ Net Claims Based Remaining Contract Term

< 1 tahun >1 thn s.d. 3 thn

>3 thn s.d. 5 thn > 5 thn Non-

Kontraktual Total

< 1 year > 1 year until 3 years

> 3 year until 5 years > 5 years Non-Contractual Total

1Tagihan Kepada Pemerintah/ Claim to TheGovernment

1,642,035 - - - 874,511 2,516,546

2Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities

- - - - - -

3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 380,682 1,934 - - 858,995 1,241,611

5Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans

- - - - - -

6Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans

24,340 120,556 - 241,776 - 386,672


- - - - - -

8


- - - - - -


7,063,577 1,086,098 1,159,989 399,414 - 9,709,079

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - 52,347 - 52,347

11 Aset Lainnya/ Others Asset - - - - 146,568 146,568

12


- - - - - -

Total 9,110,634 1,208,589 1,159,989 693,537 1,880,074 14,052,823






Kontraktual Total




1,283,243 - - - 672,666 2,516,546


- - - - - -

3


- - - - - -



- - - - - -


9,638 145,626 - - - 386,672


- - - - - -

8


- - - - - -


5,978,851 1,236,683 1,070,120 92,285 1,976 9,709,079

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - 54,549 - - 52,347

11 Aset Lainnya/ Others Asset - - - - 164,291 146,568

12


- - - - - -

Total 7,609,571 1,643,100 1,124,669 92,285 1,412,734 14,052,823


Tabel 2.2.b. Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak - Bank secara Konsolidasi dengan

Perusahaan Anak

Table 2.2.b. Disclosure of Net Claims Based on Remaining Contract Term - Bank Consolidated with Subsidiary





Kontraktual Total




1,642,035 - - - 874,511 2,516,546


- - - - - -

3


- - - - - -



- - - - - -


24,340 120,556 - 241,776 - 386,672


- - - - - -

8


- - - - - -


7,070,451 1,271,034 1,276,610 399,414 - 10,017,510

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - 52,347 - 52,347

11 Aset Lainnya/ Others Asset 1,060 832 - 1,348 146,568 149,808

12


- - - - - -

Total 9,118,568 1,394,357 1,276,610 694,885 1,880,074 14,364,494






Kontraktual Total




1,283,243 - - - 672,666 1,955,909


- - - - - -

3


- - - - - -



- - - - - -


9,638 145,626 - - - 155,264


- - - - - -

8


- - - - - -


5,942,090 1,438,240 1,172,049 92,285 1,976 8,646,640

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - 54,549 - - 54,549

11 Aset Lainnya/ Others Asset 315 - - - 165,377 165,692

12


- - - - - -

Total 7,573,125 1,844,657 1,226,598 92,285 1,413,819 12,150,484


Tabel 2.3.a. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Individual

Table 2.3.a. Disclosure of Net Claims by Economic Sector – Individual Bank

No. Sektor Ekonomi/ Economic SectorsTagihan Kepada

Pemerintah/ Claim to The Government

Tagihan Kepada Entitas Sektor Publik/ Claim

to Public Sector Entities

Tagihan Kepada Bank

Pembangunan Multilateral

dan Lembaga Internasional/

Claim to The Multilateral

Development Banks and

International Institutions

Tagihan Kepada Bank/ Claim to The

Bank

Kredit Beragun Rumah Tinggal/

Residential Mortgage Loans

Kredit Beragun Properti

Komersial/ Commercial

Property Mortgage Loans

Kredit Pegawai/Pensiunan/ Retired

Employee Credit

Tagihan Kepada Usaha Mikro,

Usaha Kecil dan Portofolio Ritel/

Claim to Micro, Small dan Retail

Portfolio

Tagihan kepada Korporasi/ Claim

to Corporate

Tagihan yang Telah Jatuh

Tempo/ Claim on past due

Aset Lainnya/ Others Asset

Eksposur di Unit Usaha Syariah (apabila ada)/

Exposure in Units of Sharia (when

available)

31-Dec-13

1Pertanian, perburuan dan Kehutanan/ Agriculture, Hunting and Forestry

- - - - - - - - 3,651 - - -

2 Perikanan/ Fisheries - - - - - - - - - - - -

3 Pertambangan dan Penggalian/ Mining and Quarrying - - - - - - - - - - - -

4 Industri pengolahan/ Manufacturing Industry - - - - - - - - 4,777,686 43,900 - -

5 Listrik, Gas dan Air/ Electricity, Gas and Water - - - - - - - - - - - -

6 Konstruksi/ Construction - - - - - 71,363 - - 121,258 - - -

7 Perdagangan besar dan eceran/ Wholesale and Retail Trade - - - - - - - - 2,110,675 - - -

8

Penyediaan akomodasi dan penyediaan makan minum/ Accommodation Providers and food and Beverage Providers

- - - - - - - - 7,000 - - -

9Transportasi, pergudangan dan komunikasi/ Transportation, Storage and Communication

- - - - - - - - 97,619 8,446 - -

10 Perantara keuangan/ Financial Brokers - - - 1,241,611 - - - - 995,741 - - -

11Real estate, usaha persewaan dan jasa perusahaan/ Real Estate, Rental Business, and orporate Services

- - - - - 315,309 - - 1,483,630 - - -

12

Administrasi Pemerintahan, pertahanan dan jaminan sosial wajib/ Public Administration, Defense nd Compulsory Social Security

2,516,546 - - - - - - - - - - -

13 Jasa pendidikan/ Education Services - - - - - - - - - - - -

14 Jasa kesehatan dan kegiatan sosial/ Health Services and Social Activities - - - - - - - - - - - -

15

Jasa kemasyarakatan, sosial budaya, hiburan dan perorangan lainnya/ Social Services, Socio-Cultural, Entertainment and Other Individual

- - - - - - - - - - - -

16Jasa perorangan yang melayani rumah tangga/ Households Personal Services

- - - - - - - - - - - -

17

Badan internasional dan badan ekstra internasional lainnya/ International and Extra International Agencies

- - - - - - - - - - - -

18 Kegiatan yang belum jelas batasannya/ Undefined activities - - - - - - - - 106,763 - - -

19 Bukan Lapangan Usaha/ Not a Business Field - - - - - - - - 5,056 - - -

20 Lainnya/ Others - - - - - - - - - - 146,568 - Total 2,516,546 - - 1,241,611 - 386,672 - - 9,709,079 52,347 146,568 -


Tabel 2.3.a. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Individual

Table 2.3.a. Disclosure of Net Claims by Economic Sector – Individual Bank





Tagihan Kepada Bank







Bank







Employee Credit




Portfolio


to Corporate






available)

31-Dec-13


- - - - - - - - 3,651 - - -







8


- - - - - - - - 7,000 - - -


- - - - - - - - 97,619 8,446 - -



- - - - - 315,309 - - 1,483,630 - - -

12


2,516,546 - - - - - - - - - - -



15


- - - - - - - - - - - -


- - - - - - - - - - - -

17


- - - - - - - - - - - -









Tagihan Kepada Bank







Bank







Employee Credit




Portfolio


to Corporate






available)

31-Dec-12


- - - - - - - - 37,795 - - -







8


- - - - - - - - 10,000 - - -


- - - - - - - - 435,157 - - -



- - - - - 47,057 - - 1,085,261 - - -

12


1,955,909 - - - - - - - - - - -



15


- - - - - - - - - - - -


- - - - - - - - - - - -

17


- - - - - - - - - - - -





Tabel 2.3.b. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Konsolidasi dengan Perusahaan Anak

Tabel 2.3.b. Disclosure of Net Claims by Economic Sector - Bank Consolidated with Subsidiary





Tagihan Kepada Bank







Bank







Employee Credit




Portfolio


to Corporate






available)

31-Dec-13


- - - - - - - - 3,651 - - -







8


- - - - - - - - 7,000 - - -


- - - - - - - - 97,619 8,446 - -

10 Perantara keuangan/ Financial Brokers - - - 1,241,611 - - - - 935,583 - 0 -


- - - - - 315,309 - - 1,521,355 - - -

12


2,516,546 - - - - - - - - - - -


14 Jasa kesehatan dan kegiatan sosial/ Health Services and Social Activities - - - - - - - - 216 - - -

15


- - - - - - - - 39,621 - - -


- - - - - - - - - - - -

17


- - - - - - - - - - - -









Tagihan Kepada Bank







Bank







Employee Credit




Portfolio


to Corporate






available)

31-Dec-12


- - - - - - - - 37,795 - - -







8


- - - - - - - - 10,000 - - -


- - - - - - - - 477,858 - - -



- - - - - 47,057 - - 1,085,261 - - -

12


1,955,909 - - - - - - - - - - -



15


- - - - - - - - 17,265 - - -


- - - - - - - - - - - -

17


- - - - - - - - - - - -



20 Lainnya/ Others - - - - - - - - 107 - 165,692 - Total 1,955,909 - - 1,172,430 - 155,264 - - 8,646,640 54,549 165,692 -


Tabel 2.4.a. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Individual

Table 2.4.a. Disclosure of Bills and Allowance By Region - Individual Bank

No. Keterangan/ Information

31-Dec-13 31-Dec-12Wilayah/ Region Wilayah/ Region

Jakarta Banten Jawa Barat Jawa Tengah Jawa Timur Luar Jawa Luar Negeri Total Jakarta Banten Jawa Barat Jawa Tengah Jawa Timur Luar Jawa Luar Negeri TotalJakarta Banten West Java Central Java East Java Outside Jawa Overseas Total Jakarta Banten West Java Central Java East Java Outside Jawa Overseas Total

1 Tagihan/ Claims 8,351,000 24,340 2,618,917 256,065 553,483 1,101,175 839,748 13,744,728 6,841,978 142,202 1,987,805 331,337 525,210 760,314 609,730 11,198,576

2Tagihan yang mengalami penurunan nilai (impaired)/ Impaired Claims

88,237 - 36,662 - - - - 124,899 437,003 - 35,631 - - - - 472,634

a. Belum jatuh tempo/ Not Past Due Yet 5,805 - - - - - - 5,805 327,687 - 35,631 - - - - 363,319

b. Telah jatuh tempo/ Past Due 82,432 - 36,662 - - - - 119,094 109,316 - - - - - - 109,316

3

Cadangan kerugian penurunan nilai (CKPN) - Individual/ Provision for Possible Losses – Individual

40,595 - 28,216 - - - - 68,811 75,310 - 18,508 - - - - 93,818

4

Cadangan kerugian penurunan nilai (CKPN) - Kolektif/ Provision for Possible Losses - Collective

593 - 921 287 - 189 - 1,990 147 135 1,443 - 124 336 - 2,184

5 Tagihan yang dihapus buku/ Written-Off Claims 58,235 - - - - - 58,235 - - - - 29,271 - - 29,271

Tabel 2.4.b. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Konsolidasi dengan Perusahaan Anak

Table 2.4.b. Disclosure of Bills and Allowance By Region - Bank Consolidated with Subsidiary




1 Tagihan/ Claims 8,351,335 24,340 2,846,540 257,688 609,186 1,126,863 839,748 14,055,700 6,820,187 155,559 2,205,596 331,945 563,518 779,492 609,730 11,466,026


88,237 - 36,662 - - - - 124,899 437,003 - 35,631 - - - - 472,634



3


40,595 - 28,216 - - - - 68,811 75,310 - 18,508 - - - - 93,818

4


1,186 - 1,843 573 - 378 - 3,981 293 269 2,885 - 248 672 - 4,368

5 Tagihan yang dihapus buku/ Written-Off Claims 58,235 - - - - - - 58,235 - - - - 29,271 - - 29,271


Tabel 2.4.a. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Individual

Table 2.4.a. Disclosure of Bills and Allowance By Region - Individual Bank




1 Tagihan/ Claims 8,351,000 24,340 2,618,917 256,065 553,483 1,101,175 839,748 13,744,728 6,841,978 142,202 1,987,805 331,337 525,210 760,314 609,730 11,198,576


88,237 - 36,662 - - - - 124,899 437,003 - 35,631 - - - - 472,634



3


40,595 - 28,216 - - - - 68,811 75,310 - 18,508 - - - - 93,818

4


593 - 921 287 - 189 - 1,990 147 135 1,443 - 124 336 - 2,184

5 Tagihan yang dihapus buku/ Written-Off Claims 58,235 - - - - - 58,235 - - - - 29,271 - - 29,271

Tabel 2.4.b. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Konsolidasi dengan Perusahaan Anak

Table 2.4.b. Disclosure of Bills and Allowance By Region - Bank Consolidated with Subsidiary




1 Tagihan/ Claims 8,351,335 24,340 2,846,540 257,688 609,186 1,126,863 839,748 14,055,700 6,820,187 155,559 2,205,596 331,945 563,518 779,492 609,730 11,466,026


88,237 - 36,662 - - - - 124,899 437,003 - 35,631 - - - - 472,634



3


40,595 - 28,216 - - - - 68,811 75,310 - 18,508 - - - - 93,818

4


1,186 - 1,843 573 - 378 - 3,981 293 269 2,885 - 248 672 - 4,368

5 Tagihan yang dihapus buku/ Written-Off Claims 58,235 - - - - - - 58,235 - - - - 29,271 - - 29,271


Tabel 2.5.a. Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi - Bank secara Individual

Table 2.5.a. Disclosure of Claims and Allowance by Economic Sector – Individual Bank

No. Sektor Ekonomi/ Economic SectorsTagihan/

Claim

Tagihan yang Mengalami Penurunan Nilai/ Impaired

Claims

Cadangan kerugian

penurunan nilai (CKPN) - Individual/ Provision for

Possible Losses – Individual

Cadangan kerugian

penurunan nilai (CKPN) - Kolektif/

Provision for Possible Losses

- Collective

Tagihan yang hapus buku/ Written-Off

ClaimsBelum Jatuh Tempo/ Not Past Due Yet

Telah Jatuh Tempo/ Past

Due

31-Dec-13


3,651 - - - - -

2 Perikanan/ Fisheries - - - - - -

3 Pertambangan dan Penggalian/ Mining and Quarrying - - - - - -

4 Industri pengolahan/ Manufacturing Industry 4,784,067 - 82,432 38,532 1,438 58,235

5 Listrik, Gas dan Air/ Electricity, Gas and Water - - - - - -

6 Konstruksi/ Construction 184,677 - - - - -

7 Perdagangan besar dan eceran/ Wholesale and Retail Trade 1,993,352 5,805 - 2,064 482 -

8


7,000 - - - - -


133,050 - 36,662 28,216 - -

10 Perantara keuangan/ Financial Brokers 2,231,283 - - - - -


1,772,648 - - - 70 -

12


2,514,100 - - - - -

13 Jasa pendidikan/ Education Services - - - - - -

14 Jasa kesehatan dan kegiatan sosial/ Health Services and Social Activities - - - - - -

15


- - - - - -


- - - - - -

17


- - - - - -

18 Kegiatan yang belum jelas batasannya/ Undefined activities 106,763 - - - - -

19 Bukan Lapangan Usaha/ Not a Business Field 5,056 - - - - -

20 Lainnya/ Others 133,981 - - - - - Total 13,869,627 5,805 119,094 68,811 1,990 58,235



Claim


Claims

Cadangan kerugian



Cadangan kerugian



- Collective




Due

31-Dec-12


37,919 - - - 123 -







8


10,000 - - - - -


470,329 347,490 - 36,256 - -



1,114,851 - - - - -

12


1,955,909 - - - - -



15


- - - - - -


- - - - - -

17


- - - - - -





Tabel 2.5.b. Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi - Bank secara

Konsolidasi dengan Perusahaan Anak

Table 2.5.b. Disclosure of Claims and Allowance by Economic Sector - Bank Consolidated with Subsidiary


Claim


Claims

Cadangan kerugian



Cadangan kerugian



- Collective




Due

31-Dec-13


3,651 - - - - -







8


7,000 - - - - -


133,050 - 36,662 28,216 - -



1,810,373 - - - 140 -

12


2,514,100 - - - - -


14 Jasa kesehatan dan kegiatan sosial/ Health Services and Social Activities 216 - - - - -

15


39,621 - - - - -


- - - - - -

17


- - - - - -






Claim


Claims

Cadangan kerugian



Cadangan kerugian



- Collective




Due

31-Dec-12


37,919 - - - 247 -







8


10,000 - - - - -


513,030 347,490 - 36,256 - -



1,114,851 - - - - -

12


1,955,909 - - - - -



15


17,265 - - - - -


- - - - - -

17


- - - - - -





Tabel 2.6.a. Pengungkapan Rincian Mutasi Cadangan Kerugian Penurunan Nilai - Bank secara Individual

Table 2.6.a. Disclosure of Provision of Possible Losses Mutation Details – Individual Bank

No. Sektor Ekonomi/ Economic Sectors

31-Dec-13 31-Dec-12

CKPN Individual/ Provision of

PossibleLosses - Individual

CKPN Kolektif/ Provision of

PossibleLosses - Collective





1 Saldo awal CKPN/ Provision of Possible Losses Beginning Balance 93,818 6,550 114,559 6,409

2

Pembentukan (pemulihan) CKPN pada periode berjalan (Net)/ Provisions (Reversal of Provisions) of Possible Losses in Current Year

84,627 (1,167) 5,140 (82)

2.a Pembentukan CKPN pada periode berjalan/ Provisions of Possible Losses in Current Year

88,726 - 36,256 477

2.b Pemulihan CKPN pada periode berjalan/ Reversal of Provisions of Possible Losses in Current Year

(4,099) (1,167) (31,116) (558)

3

CKPN yang digunakan untuk melakukan hapus buku atas tagihan pada periode berjalan/ Provisions of Possible Losses that used for Write-off in Current Year

58,235 - 29,285 -

4

CKPN yang digunakan dalam rangka transaksi penjualan kredit secara diskon/ Provisions of Possible Losses that used for selling loan with discount

52,681 - - -

5

Pembentukan (pemulihan) lainnya pada periode berjalan/ Other Provisions (Other Reversal of Provisions) in Current Year

1,282 1,101 3,404 223

Saldo akhir CKPN/ Provision of Possible Losses Ending Balance 68,811 6,485 93,818 6,550


Tabel 2.6.b. Pengungkapan Rincian Mutasi Cadangan Kerugian Penurunan Nilai - Bank secara Konsolidasi dengan Perusahaan Anak

Table 2.6.b. Disclosure of Provision of Possible Losses Mutation Details - Bank Consolidated with Subsidiary

No. Sektor Ekonomi/ Economic Sectors

31-Dec-13 31-Dec-12









1 Saldo awal CKPN/ Provision of Possible Losses Beginning Balance 93,818 6,687 114,559 6,538

2

Pembentukan (pemulihan) CKPN pada periode berjalan (Net)/ Provisions (Reversal of Provisions) of Possible Losses in Current Year

84,627 (1,194) 5,140 (78)

2.a Pembentukan CKPN pada periode berjalan/ Provisions of Possible Losses in Current Year

88,726 (19) 36,256 487

2.b Pemulihan CKPN pada periode berjalan/ Reversal of Provisions of Possible Losses in Current Year

(4,099) (1,175) (31,116) (565)

3

CKPN yang digunakan untuk melakukan hapus buku atas tagihan pada periode berjalan/ Provisions of Possible Losses that used for Write-off in Current Year

58,235 - 29,285 -

4

CKPN yang digunakan dalam rangka transaksi penjualan kredit secara diskon/ Provisions of Possible Losses that used for selling loan with discount

52,681 - - -

5

Pembentukan (pemulihan) lainnya pada periode berjalan/ Other Provisions (Other Reversal of Provisions) in Current Year

1,282 1,120 3,404 226

Saldo akhir CKPN/ Provision of Possible Losses Ending Balance 68,811 6,613 93,818 6,687


Tabel 3.1.a. Pengungkapan Tagihan Bersih Berdasarkan Kategori Portofolio dan Skala Peringkat - Bank secara Individual

Table 3.1.a. Disclosure of Net Claims by Portfolio Category and Rating Scale - Individual Bank

31-Dec-13 31-Dec-13


Tagihan Bersih/ Net Claims Tagihan Bersih/ Net Claims

Lembaga Pemeringkat/

Rating AgenciesPeringkat Jangka panjang/ Long Term Rating Peringkat Jangka Pendek/ Long Term Rating

Tanpa Peringkat/ Non rated Total

Standard and Poor’s AAA AA+ s.d AA- A+ s.d A- BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- A-1 A-2 A-3

Kurang dari A-3/ Less than

A-3

Fitch Rating AAA AA+ s.d AA- A+ s.d A- BBB+ s.d BBB- BB+ s.d BB- B+ s.d B- Kurang dari B- F1+ s.d F1 F2 F3 Kurang dari F3/ Less than F3

Moody’s Aaa Aa1 s.d Aa3 A1 s.d A3 Baa1 s.d Baa3 Ba1 s.d Ba3 B1 s.d B3 Kurang dari B3 P-1 P-2 P-3Kurang dari

P-3/ Less than P-3

PT. Fitch Ratings Indonesia AAA (idn) AA+(idn) s.d

AA-(idn)A+(idn) s.d.

A-(idn)BBB+(idn) s.d

BBB-(idn)BB+(idn) s.d

BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d

F1(idn) F2(idn) F3(idn)Kurang dari F3(idn)/ Less than F3(idn)

PT ICRA Indonesia [Idr]AAA [Idr]AA+ s.d

[Idr]AA-[Idr]A+ s.d

[Idr]A-[Idr]BBB+ s.d

[Idr]BBB-[Idr]BB+ s.d

[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3

Kurang dari [Idr]A3/ Less than [Idr]A3

PT Pemeringkat Efek Indonesia idAAA idAA+ s.d

idAA- idA+ s.d id A- id BBB+ s.d id BBB-

id BB+ s.d id BB-

id B+ s.d id B-

Kurang dari idB- idA1 idA2 idA3 s.d id A4

Kurang dari idA4/ Less than

idA4

1Tagihan Kepada Pemerintah/ Claim to The Government

- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 273 13,501 819,149 401,168 2,802 1,479 - - - - - 3,239 1,241,611



7 Kredit Pegawai/Pensiunan/ Retired Employee Credit

8


9 Tagihan kepada Korporasi/ Claim to Corporate - - 108,258 - - - - - - - - 9,600,821 9,709,079

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due

11 Aset Lainnya/ Others Asset

12


- - - - - - - - - - - - -

TOTAL 273 13,501 927,407 401,168 2,802 1,479 - - - - - 9,604,060 10,950,690




31-Dec-13 31-Dec-13








A-3



P-3/ Less than P-3





BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d



[Idr]AA-[Idr]A+ s.d



[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3




id BB+ s.d id BB-

id B+ s.d id B-



idA4


- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -





8





12


- - - - - - - - - - - - -

TOTAL 273 13,501 927,407 401,168 2,802 1,479 - - - - - 9,604,060 10,950,690


31-Dec-12 31-Dec-12








A-3



P-3/ Less than P-3





BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d



[Idr]AA-[Idr]A+ s.d



[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3




id BB+ s.d id BB-

id B+ s.d id B-



idA4


- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 8 78,226 652,514 357,596 4,697 - - - - - - 79,389 1,172,430




8





12


- - - - - - - - - - - - -

TOTAL 8 78,226 720,278 357,596 4,697 - - - - - - 8,391,539 9,552,344


31-Dec-12 31-Dec-12








A-3



P-3/ Less than P-3





BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d



[Idr]AA-[Idr]A+ s.d



[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3




id BB+ s.d id BB-

id B+ s.d id B-



idA4


- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -





8





12


- - - - - - - - - - - - -

TOTAL 8 78,226 720,278 357,596 4,697 - - - - - - 8,391,539 9,552,344


Tabel 3.1.b. Pengungkapan Tagihan Bersih Berdasarkan Kategori Portofolio dan

Skala Peringkat - Bank secara Konsolidasi dengan Perusahaan Anak

Table 3.1.b. Disclosure of Net Claims by Portfolio Category and Rating Scale - Bank Consolidated with Subsidiary

31-Dec-13 31-Dec-13








A-3



P-3/ Less than P-3





BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d



[Idr]AA-[Idr]A+ s.d



[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3




id BB+ s.d id BB-

id B+ s.d id B-



idA4


- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -





8





12


- - - - - - - - - - - - -

TOTAL 273 13,501 927,407 401,168 2,802 1,479 - - - - - 9,912,491 11,259,121


31-Dec-12 31-Dec-12








A-3



P-3/ Less than P-3





BB-(idn)B+(idn) s.d

B-(idn)Kurang dari

B-(idn)F1+(idn) s.d



[Idr]AA-[Idr]A+ s.d



[Idr]BB-[Idr]B+ s.d

[Idr]B-Kurang dari

[Idr]B-[Idr]A1+ s.d

[Idr]A1[Idr]A2+ s.d

[Idr]A2[Idr]A3+ s.d

[Idr] A3




id BB+ s.d id BB-

id B+ s.d id B-



idA4


- - - - - - - - - - - - -


- - - - - - - - - - - - -

3


- - - - - - - - - - - - -





8





12


- - - - - - - - - - - - -

TOTAL 8 78,226 720,278 357,596 4,697 - - - - - - 8,658,264 9,819,070




31-Dec-13

No Variabel yang Mendasari/ Underlying Variables

Notional AmountTagihan

Derivatif/ Derivative

Claim

Kewajiban Derivatif/ Derivative Liabilties

Tagihan Bersih

sebelum MRK/ Net

Claim before CRM

MRK/ CRM

Tagihan Bersih

setelah MRK/ Net

Claim after CRM

< 1 Tahun< 1 Year

> 1 Tahun - < 5 Tahun

> 1 Year - < 5 Years

> 5 Tahun> 5 Years

BANK SECARA INDIVIDUAL/ INDIVIDUAL BANK 1 Suku Bunga/ Interest Rate - - - - - - - - 2 Nilai Tukar/ Exchange Rate 1,101,148 89,037 - 36,995 23,571 52,458 - 52,458 3 Lainnya Others - - - - - - - -

TOTAL 1,101,148 89,037 - 36,995 23,571 52,458 - 52,458 BANK SECARA KONSOLIDASI/ CONSOLIDATED BANK

1 Suku Bunga/ Interest Rate - - - - - - - - 2 Nilai Tukar/ Exchange Rate 1,101,148 89,037 - 36,995 23,571 52,458 - 52,458 3 Saham/ Shares - - - - - - - - 4 Emas/ Gold - - - - - - - -

5 Logam selain Emas/ Metal Except Gold - - - - - - - -

6 Lainnya/ Others - - - - - - - - TOTAL 1,101,148 89,037 - 36,995 23,571 52,458 - 52,458

31-Dec-12

No Variabel yang Mendasari/ Underlying Variables

Notional AmountTagihan

Derivatif/ Derivative

Claim

Kewajiban Derivatif/ Derivative Liabilties

Tagihan Bersih

sebelum MRK/ Net

Claim before CRM

MRK/ CRM

Tagihan Bersih

setelah MRK/ Net

Claim after CRM

< 1 Tahun< 1 Year

> 1 Tahun - < 5 Tahun

> 1 Year - < 5 Years

> 5 Tahun> 5 Years

BANK SECARA INDIVIDUAL/ INDIVIDUAL BANK 1 Suku Bunga/ Interest Rate - - - - - - - - 2 Nilai Tukar/ Exchange Rate 887,510 6,003 - 13,936 7,824 23,111 - 23,111 3 Lainnya Others - - - - - - - -

TOTAL 887,510 6,003 - 13,936 7,824 23,111 - 23,111 BANK SECARA KONSOLIDASI/ CONSOLIDATED BANK

1 Suku Bunga/ Interest Rate - - - - - - - - 2 Nilai Tukar/ Exchange Rate 887,510 6,003 - 13,860 7,824 23,035 - 23,035 3 Saham/ Shares - - - - - - - - 4 Emas/ Gold - - - - - - - -

5 Logam selain Emas/ Metal Except Gold - - - - - - - -

6 Lainnya/ Others - - - - - - - - TOTAL 887,510 6,003 - 13,860 7,824 23,035 - 23,035


Tabel 3.2.b.1. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Repo - Bank secara IndividualTable 3.2.b.1. Disclosure of Counterparty Credit Risk: Repo Transaction - Individual Bank

Bank tidak memiliki eksposur transaksi RepoBank have no repo transaction exposure

Tabel 3.2.b.2. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Repo - Bank secara Konsolidasi dengan Perusahaan AnakTable 3.2.b.2. Disclosure of Counterparty Credit Risk: Repo Transaction - Bank Consolidated with Subsidiary

Bank tidak memiliki eksposur Transaksi repo secara Konsolidasi dengan perusahaan anakBank have no repo transaction exposure consolidated with subsidiary

Tabel 3.2.c.1. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Reverse Repo - Bank secara IndividualTable 3.2.c.1. Disclosure of Counterparty Credit Risk: Reverse Repo Transactions - Individual Bank

Bank tidak memiliki eksposur transaksi reverse repoBank have no repo reverse transaction exposure

Tabel 3.2.c.2. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Reverse Repo - Bank secara Konsolidasi dengan Perusahaan AnakTable 3.2.c.2. Disclosure of Counterparty Credit Risk: Reverse Repo Transactions – Bank Consolidated with Subsidiary

Bank tidak memiliki eksposur transaksi reverse repo secara konsolidasi dengan perusahaan anakBank have no repo reverse transaction exposure consolidated with subsidiary


Tabel 4.1.a. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah Memperhitungkan

Dampak Mitigasi Risiko Kredit - Bank secara Individual

Table 4.1.a. Disclosure of Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation - Individual Bank

31-Dec-13 31-Dec-13

No Kategori Portofolio/ Portfolio Categories

Tagihan Bersih Setelah Memperhitungkan Dampak Mitigasi Risiko KreditNet Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation ATMR/ RWA

Beban Modal/ Capital Charge0% 20% 35% 40% 45% 50% 75% 100% 150% Lainnya

A. eksposur neraca/ Exposure on Balance Sheet

1 Tagihan Kepada Pemerintah/ Claim to The Government 2,509,140 - - - - - - - - - -

2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - - - - - - - -

3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions - - - - - - - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank - 875,252 - - - 360,154 - - - 355,127 28,410

5 Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans - - - - - - - - - - -

6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - - - - 386,672 - 386,672 30,934

7 Kredit Pegawai/Pensiunan/ Retired Employee Credit - - - - - - - - - - -

8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio - - - - - - - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 340,216 71,593 - - - 97,844 - 8,934,633 - 8,943,743 715,499

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - - - - - 52,347 78,520 6,282

11 Aset Lainnya/ Others Asset - - - - - - - 146,568 - 121,323 9,706

12 Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available) - - - - - - - - - - - -

Total Eksposur Neraca/ Total Exposure on Balance Sheet 2,849,356 946,845 - - - 457,998 - 9,467,873 52,347 - 9,885,386 790,831

B. eksposur Kewajiban Komitmen/Kontinjensi pd Transaksi Rekening Administratif/ Exposure on Commitments/ Contingencies for off Balance Sheet Transactions

1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - - - - - - - -



4 Tagihan Kepada Bank/ Claim to The Bank - - - - - - - - - - -


6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - - - - - - - -



9 Tagihan kepada Korporasi/ Claim to Corporate 32,832 5,672 - - - - - 187,442 - 188,576 15,086

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - - - - - - - -


Total Eksposur TRA/ Total Exposure on Off Balance Transactions 32,832 5,672 - - - - - 187,442 - - 188,576 15,086

C. eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk)/ Exposure on Counterparty Credit Risk

1 Tagihan Kepada Pemerintah/ Claim to The Government 7,406 - - - - - - - - - -



4 Tagihan Kepada Bank/ Claim to The Bank - 4,000 - - - 2,205 - - - 1,902 152


6 Tagihan kepada Korporasi/ Claim to Corporate - - - - - - - 38,847 - 38,847 3,108


Total Eksposur Counterparty Credit Risk/ Total Exposure on Counterparty Credit Risk 7,406 4,000 - - - 2,205 - 38,847 - - 40,750 3,260


Tabel 4.1.a. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah Memperhitungkan

Dampak Mitigasi Risiko Kredit - Bank secara Individual

Table 4.1.a. Disclosure of Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation - Individual Bank

31-Dec-13 31-Dec-13









































31-Dec-12 31-Dec-12








4 Tagihan Kepada Bank/ Claim to The Bank - 901,766 - - - 264,877 - 1,198 - 313,990 25,119



















9 Tagihan kepada Korporasi/ Claim to Corporate 21,643 96 - - - - - 144,216 - 144,235 11,539



Total Eksposur TRA/ Total Exposure on Off Balance Transactions 21,643 96 - - - - - 144,216 - - 144,235 11,539





4 Tagihan Kepada Bank/ Claim to The Bank - 4,453 - - - 134 - - - 1,217 97




Total Eksposur Counterparty Credit Risk/ Total Exposure on Counterparty Credit Risk - 4,453 - - - 134 - 18,523 - - 19,740 1,579


31-Dec-12 31-Dec-12









































Tabel 4.1.b. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah Memperhitungkan

Dampak Mitigasi Risiko Kredit - Bank secara Konsolidasi dengan Perusahaan Anak

Table 4.1.b. Disclosure Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation - Bank Consolidated with Subsidiary

31-Dec-13 31-Dec-13









































31-Dec-12 31-Dec-12









































Tabel 4.2.a. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Individual

Table 4.2.a Disclosure of Net Claims and Credit Risk Mitigation Techniques - Individual Bank

31-Dec-13 31-Dec-13

No Kategori Portofolio/ Portfolio Categories Tagihan Bersih/ Net Claims

Bagian Yang Dijamin Dengan/ Portion which Secured by Bagian Yang Tidak Dijamin/ Portion which

not SecuredAgunan/ Collateral Garansi/ Guarantee Asuransi Kredit/ Credit Insurance Lainnya/ Others


1 Tagihan Kepada Pemerintah/ Claim to The Government 2,509,140 - - - 2,509,140

2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - -

3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 1,235,406 - - - 1,235,406

5 Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans - - - - -

6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans 386,672 - - - 386,672

7 Kredit Pegawai/Pensiunan/ Retired Employee Credit - - - - -

8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 9,444,285 340,217 169,437 - 8,934,631

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due 52,347 - - - 52,347

11 Aset Lainnya/ Others Asset 146,568 - - - 146,568

12 Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available) - - - - - -

Total Eksposur Neraca/ Total Exposure on Balance Sheet 13,774,418 340,217 169,437 - - 13,264,764


1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - -



4 Tagihan Kepada Bank/ Claim to The Bank - - - - -


6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - -



9 Tagihan kepada Korporasi/ Claim to Corporate 225,946 32,832 5,672 - 187,442

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - -


Total Eksposur TRA/ Total Exposure on Off Balance Transactions 225,946 32,832 5,672 - - 187,442


1 Tagihan Kepada Pemerintah/ Claim to The Government 7,406 - - - 7,406



4 Tagihan Kepada Bank/ Claim to The Bank 6,205 - - - 6,205


6 Tagihan kepada Korporasi/ Claim to Corporate 38,847 - - - 38,847


Total Eksposur Counterparty Credit Risk/ Total Exposure on Counterparty Credit Risk 52,458 - - - - 52,458


Tabel 4.2.a. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Individual

Table 4.2.a Disclosure of Net Claims and Credit Risk Mitigation Techniques - Individual Bank

31-Dec-13 31-Dec-13









































31-Dec-12 31-Dec-12





1 Tagihan Kepada Pemerintah/ Claim to The Government 1,955,909 - - - 1,955,909 2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - - 3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions - - - - - 4 Tagihan Kepada Bank/ Claim to The Bank 1,167,842 - - - 1,167,842 5 Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans - - - - - 6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans 155,264 - - - 155,264 7 Kredit Pegawai/Pensiunan/ Retired Employee Credit - - - - - 8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio - - - - - 9 Tagihan kepada Korporasi/ Claim to Corporate 8,195,437 162,975 146,301 - 7,886,161

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due 54,549 - - - 54,549 11 Aset Lainnya/ Others Asset 164,291 - - - 164,291 12 Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available) - - - - - -

Total Eksposur Neraca/ Total Exposure on Balance Sheet 11,693,293 162,975 146,301 - - 11,384,016 B. eksposur Kewajiban Komitmen/Kontinjensi pd Transaksi Rekening Administratif/ Exposure on Commitments/ Contingencies for off Balance Sheet Transactions

1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - - 2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - - 3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions - - - - - 4 Tagihan Kepada Bank/ Claim to The Bank - - - - - 5 Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans - - - - - 6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - - 7 Kredit Pegawai/Pensiunan/ Retired Employee Credit - - - - - 8 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio - - - - - 9 Tagihan kepada Korporasi/ Claim to Corporate 165,955 21,643 96 - 144,216

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - - 11 Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available) - - - - - -

Total Eksposur TRA/ Total Exposure on Off Balance Transactions 165,955 21,643 96 - - 144,216 C. eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk)/ Exposure on Counterparty Credit Risk

1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - - 2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - - 3 Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional/ Claim to The Multilateral Development Banks and International Institutions - - - - - 4 Tagihan Kepada Bank/ Claim to The Bank 4,587 - - - 4,587 5 Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio - - - - - 6 Tagihan kepada Korporasi/ Claim to Corporate 18,523 - - - 18,523 7 Eksposur di Unit Usaha Syariah (apabila ada)/ Exposure in Units of Sharia (when available) - - - - - -



31-Dec-12 31-Dec-12














Tabel 4.2.b. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Konsolidasi dengan Perusahaan Anak/

Table 4.2.b. Disclosure of Net Claims and Credit Risk Mitigation Techniques - Bank Consolidated with Subsidiary

31-Dec-13 31-Dec-13









































31-Dec-12 31-Dec-12














Tabel 5.1.a. Pengungkapan Transaksi Sekuritisasi - Bank secara Individual

Table 5.1.a. Disclosure of Securitization Transactions - Individual Bank

Bank tidak memiliki eksposur transaksi sekuritisasi

Bank have no securitization transactions exposure

Tabel 5.1.b. Pengungkapan Transaksi Sekuritisasi - Bank secara Konsolidasi dengan Perusahaan Anak

Table 5.1.b. Disclosure of Securitization Transactions - Bank Consolidated with Subsidiary

Bank tidak memiliki eksposur transaksi sekuritisasi secara konsolidasi dengan perusahaan anak

Bank have no securitization transactions consolidated with subsidiary

Tabel 5.2.a. Pengungkapan Ringkasan Aktivitas Transaksi Sekuritisasi Bank Bertindak Sebagai Kreditur Asal - Bank secara Individual

Table 5.2.a. Disclosure of Summary Securitization Transaction Activity Bank as Original Creditor – Individual Bank

Bank tidak memiliki eksposur transaksi sekuritisasi Bank bertindak sebagai kreditur asal

Bank have no securitizarion transactions exposure Bank as original creditor

Tabel 5.2.b. Pengungkapan Ringkasan Aktivitas Transaksi Sekuritisasi Bank Bertindak Sebagai Kreditur Asal - Bank secara Konsolidasi

dengan Perusahaan Anak

Table 5.2.b. Disclosure of Summary Securitization Transaction Activity Bank as Creditor Bank Consolidated with Subsidiary

Bank tidak memiliki eksposur transaksi sekuritisasi Bank bertindak sebagai kreditur asal secara konsolidasi dengan perusahaan anak

Bank have no securitization transactions exposure Bank as original creditor consolidated with subsidiary


Tabel 6.1.1. Pengungkapan Eksposur Aset di Neraca

Table 6.1.1. Disclosure of Assets Exposures in Balance Sheet


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government 2,509,140 - - 1,955,909 - -

2 Tagihan Kepada Entitas Sektor Publik/ Claim to Public Sector Entities - - - - - -

3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 1,235,406 355,127 355,127 1,167,842 313,990 313,990

5 Kredit Beragun Rumah Tinggal/ Residential Mortgage Loans - - - - - -

6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans 386,672 386,672 386,672 155,264 155,264 155,264

7 Kredit Pegawai/Pensiunan/ Retired Employee Credit - - - - - -

8Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel/ Claim to Micro, Small dan Retail Portfolio

- - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 9,444,285 9,390,157 8,943,743 8,195,437 8,161,555 7,906,644

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due 52,347 78,520 78,520 54,549 81,824 81,824

11 Aset Lainnya/ Others Asset 146,568 121,323 164,291 146,213 TOTAL 13,774,418 10,210,476 9,885,386 11,693,293 8,712,633 8,603,936

Tabel 6.1.2. Pengungkapan Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif

Table 6.1.2. Disclosure of Commitments / Contingent Exposure on Balance Sheet


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - - -


3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank - - - - - -


6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - - -



- - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 225,946 225,946 188,576 165,955 165,955 144,235

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - - -

TOTAL 225,946 225,946 188,576 165,955 165,955 144,235


Tabel 6.1.3. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Pihak Lawan (Counterparty Credit Risk)Table 6.1.3. Disclosure of Potential credit risk exposure due to failure of competitor (Counterparty Credit Risk)


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government 7,406 - - - - -


3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 6,205 1,902 1,902 4,587 1,217 1,217


- - - - - -

6 Tagihan kepada Korporasi/ Claim to Corporate 38,847 38,847 38,847 18,523 18,523 18,523 TOTAL 52,458 40,750 40,750 23,111 19,740 19,740

Tabel 6.1.4. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Setelmen (settlement risk)Table 6.1.4. Disclosure of Potential Credit Risk exposure due to failure of settlement (settlement risk)

Bank tidak memiliki eksposur yang menimbulkan risiko kredit akibat kegagalan setelmenBank have no potential credit risk exposure due to failure of settlement

Tabel 6.1.5. Pengungkapan Eksposur SekuritisasiTable 6.1.5. Disclosure of Securitization Exposures

Bank tidak memiliki eksposur yang sekuritisasiBank have no securitization exposure

Tabel 6.1.6. Pengungkapan Eksposur di Unit Usaha Syariah (apabila ada)Table 6.1.6. Disclosure of Exposures in Sharia Business Unit (if any)

Bank tidak memiliki eksposur di Unit Usaha SyariahBank have no exposure in Sharia Business Unit

Tabel 6.1.7. Pengungkapan Total Pengukuran Risiko KreditTable 6.1.7. Disclosure of Total Credit Risk Measurement

31-Dec-13 31-Dec-12TOTAL ATMR RISIKO KREDIT/ TOTAL OF RISK WEIGHTED ASSETS CREDIT RISK 10,114,712 8,767,911 TOTAL FAKTOR PENGURANG MODAL/ TOTAL OF DEDUCTION FROM CAPITAL FACTOR - -


Tabel 6.2.1. Pengungkapan Eksposur Aset di Neraca Secara KonsolidasiTable 6.2.1. Disclosure of Assets Exposures in the Consolidated Balance Sheet


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government 2,509,140 - - 1,955,909 - -


3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 1,235,406 355,127 355,127 1,167,842 313,990 313,990


6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans 386,672 386,672 386,672 155,264 155,264 155,264



- - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 9,752,716 9,698,588 9,252,174 8,462,238 8,428,356 8,173,445

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due 52,347 78,520 78,520 54,549 81,824 81,824

11 Aset Lainnya/ Others Asset 149,808 124,562 165,692 147,612 TOTAL 14,086,090 10,518,907 10,197,055 11,961,495 8,979,434 8,872,136

Tabel 6.2.2. Pengungkapan Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Secara KonsolidasiTable 6.2.2. Disclosure of Commitments/ Contingent Exposure in the Consolidated Balance Sheet


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government - - - - - -


3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank - - - - - -


6 Kredit Beragun Properti Komersial/ Commercial Property Mortgage Loans - - - - - -



- - - - - -

9 Tagihan kepada Korporasi/ Claim to Corporate 225,946 225,946 188,576 165,955 165,955 144,235

10 Tagihan yang Telah Jatuh Tempo/ Claim on past due - - - - - -

TOTAL 225,946 225,946 188,576 165,955 165,955 144,235


Tabel 6.2.3. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Secara KonsolidasiTable 6.2.3. Disclosure of Potential credit risk exposure due to failure of competitor (Counterparty Credit Risk) Consolidated


31-Dec-13 31-Dec-12

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

Tagihan Bersih/

Claim Net

ATMR Sebelum

MRK/ RWA before CRM

ATMR Setelah

MRK/ RWA after CRM

1 Tagihan Kepada Pemerintah/ Claim to The Government 7,406 - - - - -


3


- - - - - -

4 Tagihan Kepada Bank/ Claim to The Bank 6,205 1,902 1,902 4,587 1,217 1,217


- - - - - -

6 Tagihan kepada Korporasi/ Claim to Corporate 38,847 38,847 38,847 18,447 18,447 18,447 TOTAL 52,458 40,750 40,750 23,035 19,664 19,664

Tabel 6.2.4. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Setelmen (settlement risk) Secara KonsolidasiTable 6.2.4. Disclosure of Potential Credit Risk exposure due to failure of settlement (settlement risk) Consolidated

Bank tidak memiliki eksposur yang menimbulkan risiko kredit akibat kegagalan setelmen secara konsolidasi dengan perusahaan anakBank have no potential credit risk exposure due to failure of settlement consolidated with subsidiary

Tabel 6.2.5. Pengungkapan Eksposur Sekuritisasi Secara KonsolidasiTable 6.2.5. Disclosure of Securitization Exposure Consolidated

Bank tidak memiliki eksposur sekuritisasi secara konsolidasi dengan perusahaan anakBank have no securitization exposure consolidated with subsidiary

Tabel 6.2.6. Pengungkapan Eksposur di Unit Usaha Syariah dan/ atau Perusahaan Anak yang Melakukan Kegiatan Usaha Berdasarkan Prinsip Syariah (apabila ada) Secara KonsolidasiTable 6.2.6. Disclosure of Exposure in Sharia Business Unit and / or its Subsidiary Based on Sharia Business Principles (if any) Consolidated

Bank tidak memiliki eksposur di Unit Usaha Syariah dan/ atau perusahaan anak yang melakukan kegiatan usaha berdasarkan prinsip syariahBank have no exposure in Sharia Business Unit and/ or its subsidiary based on sharia business principles

Tabel 6.2.7. Pengungkapan Total Pengukuran Risiko Kredit Secara KonsolidasiTable 6.2.7. Disclosure of Total Credit Risk Measurement Consolidated

31-Dec-13 31-Dec-12TOTAL ATMR RISIKO KREDIT/ TOTAL OF RISK WEIGHTED ASSETS CREDIT RISK 10,426,381 9,036,035 TOTAL FAKTOR PENGURANG MODAL/ TOTAL OF DEDUCTION FROM CAPITAL FACTOR - -


Tabel 7.1. Pengungkapan Risiko Pasar Dengan Menggunakan Metode Standar

Table 7.1. Market Risk Disclosure Based on Standards Method

No Jenis Risiko/ Type of Risk

31-Dec-13 31-Dec-12

Bank/ Bank Konsolidasi/ Consolidated Bank/ Bank Konsolidasi/

ConsolidatedBeban Modal/ Capital Charge

ATMR/ RWA

Beban Modal/ Capital Charge

ATMR/ RWA


ATMR/ RWA


ATMR/ RWA

1 Risiko Suku Bunga 2,421 30,261 2,421 30,261 429 5,358 429 5,358 a. Risiko Spesifik - - - - b. Risiko Umum 2,421 30,261 2,421 30,261 429 5,358 429 5,358

2 Risiko Nilai Tukar 4,876 60,956 4,895 61,189 601 7,512 1,039 12,992 3 Risiko Ekuitas *) - - - -

4 Risiko Komoditas *) - - - - 5 Risiko Option - - - - - - - -

TOTAL 7,297 91,217 7,316 91,450 1,030 12,870 1,468 18,350

*) Untuk bank yang memiliki perusahaan anak yang memiliki eksposur risiko dimaksud

Tabel 7.2.a Pengungkapan Risiko Pasar Dengan Menggunakan Model Internal (Value at Risk/ VaR) - Bank secara Individual

Table 7.2.a. Disclosure of Market Risk Based on Internal Model (Value at Risk/ VaR) – Individual Bank

No Jenis Risiko/ Type of Risk31-Dec-13 31-Dec-12

VaR Rata-Rata

VaR Maksimum

VaR Minimum

VaR Akhir Periode

VaR Rata-Rata

VaR Maksimum

VaR Minimum

VaR Akhir Periode

1 Risiko Suku Bunga 262 816 57 668 65 310 26 145 2 Risiko Nilai Tukar 10,968 28,567 472 9,280 6,938 15,104 233 3,716 3 Risiko Oprtion

TOTAL 11,230 29,383 529 9,948 7,003 15,414 259 3,861

Tabel 7.2.b Pengungkapan Risiko Pasar Dengan Menggunakan Model Internal (Value at Risk/VaR) - Bank secara Konsolidasi dengan Perusahaan AnakTable 7.2.b. Disclosure of Market Risk Based on Internal Model (Value at Risk / VaR) – Bank Consolidated with subsidiary

Bank tidak menggunakan Model Internal untuk menghitung VaR secara konsolidasi dengan perusahaan anak , dikarenakan exposure risiko pasar dari perusahaan anak dianggap tidak signifikanBank do not use Internal Model to calculate VAR in consolidated with subsidiary, because of risk market exposure from subsidiary is not significant


Tabel 8.1.a. Pengungkapan Kuantitatif Risiko Operasional - Bank secara Individual

Table 8.1.a. Quantitative Disclosures of Operational Risk – Individual Bank

No Pendekatan Yang Digunakan/ Approach Method

31-Dec-13 31-Dec-12Pendapatan Bruto (Rata-rata 3 tahun

terakhir)/ Gross Income

(Average Last 3 years)

Beban Modal/ Capital Charge ATMR/ RWA

Pendapatan Bruto (Rata-rata 3 tahun




1 Pendekatan Indikator Dasar/ Basic Indicator Approach 432,843 64,926 811,580 389,422 58,413 730,167

TOTAL 432,843 64,926 811,580 389,422 58,413 730,167

Tabel 8.1.b. Pengungkapan Kuantitatif Risiko Operasional - Bank secara Konsolidasi dengan Perusahaan Anak

Table 8.1.b. Quantitative Disclosures of Operational Risk –Bank Consolidated with subsidiaries

No Pendekatan Yang Digunakan/ Approach Method

31-Dec-13 31-Dec-12Pendapatan Bruto (Rata-rata 3 tahun




Pendapatan Bruto (Rata-rata 3 tahun




1 Pendekatan Indikator Dasar/ Basic Indicator Approach 447,339 67,101 838,761 400,726 60,109 751,361

TOTAL 447,339 67,101 838,761 400,726 60,109 751,361


Tabel 9.1.a. Pengungkapan Profil Maturitas Rupiah - Bank secara Individual

Table 9.1.a Disclosure of Maturity Rupiah Profile for Rupiah - Individual Bank

31-Dec-13

No Pos-pos/ PostsSaldo/

Balance

Jatuh Tempo/ Due Date

< 1 bulan< 1 Month

> 1 bln s.d. 3 bln

> 1 Month till3 Months

> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln

> 6 Month till12 Month

> 12 bulan> 12 Months

I neRACA/ ON BALANCE

A Aset/ Asset

1 Kas/ Cash 16,725 16,725 - - - -

2 Penempatan pada Bank Indonesia/ Placement on Bank of Indonesia 1,888,470 1,649,618 138,874 59,128 40,850 -

3 Penempatan pada bank lain/ Placements on Other Banks 294 294 - - - -

4 Surat Berharga/ Securities - - - - - -

5 Kredit yang diberikan/ Loan 4,172,556 738,675 481,702 213,500 1,247,165 1,491,514

6 Tagihan lainnya/ Others Bills - - - - - -

7 Lain-lain/ Others 4,000 4,000 - - - -

Total Aset/ Total Assets 6,082,045 2,409,312 620,576 272,628 1,288,015 1,491,514

B. Kewajiban/ Liabilities

1 Dana Pihak Ketiga/ Third Party Funds 2,731,956 2,009,421 111,978 1,501 5,757 603,299

2 Kewajiban pada Bank Indonesia/ Liabilities on Bank of Indonesia - - - - - -

3 Kewajiban pada bank lain/ Liabilities on Other Banks 1,320 1,320 - - - -

4 Surat Berharga yang Diterbitkan/ Securities Issued 448,153 - - - - 448,153

5 Pinjaman yang Diterima/ Borrowing 450,000 - 350,000 100,000 - -

6 Kewajiban lainnya/ Other Liabilities - - - - - -

7 Lain-lain/ Others 66,388 50,085 16,303 - - -

Total Kewajiban/ Total Liabillities 3,697,817 2,060,826 478,281 101,501 5,757 1,051,453

Selisih Aset dengan Kewajiban dalam neraca/ Difference Between Assets with Liabilities in the Balance Sheet

2,384,228 348,486 142,295 171,127 1,282,258 440,061

II ReKenInG ADMInISTRATIF/ ADMINISTRATIVE ACCOuNT

A. Tagihan Rekening Administratif/ Administrative Account

1 Komitmen/ Commitment 682,683 342,190 42,335 112,723 146,754 38,680

2 Kontijensi/ Contingency - - - - - -

Total Tagihan Rekening Administratif/ Total Administrative Account Claims 682,683 342,190 42,335 112,723 146,754 38,680

B. Kewajiban Rekening Administratif/ Administrative Account Liabilities



Total Kewajiban Rekening Administratif/ Total Administrative Account Liabilities 661,053 148,301 122,696 140,747 198,951 50,357

Selisih Tagihan dan Kewajiban dalam Rekening Administratif/ Difference Between Charges with Liabilities in the Balance Sheet

21,630 193,889 (80,361) (28,024) (52,197) (11,677)

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 2,405,857 542,374 61,935 143,103 1,230,062 428,384

Selisih Kumulatif/ Cummulative Difference 542,374 604,309 747,412 1,977,474 2,405,857


31-Dec-12


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 12,270 12,270 - - - -

2 Penempatan pada Bank Indonesia/ Placement on Bank of Indonesia 1,527,018 1,370,612 - 58,788 97,617 -

3 Penempatan pada bank lain/ Placements on Other Banks 275,028 275,028 - - - -



6 Tagihan lainnya/ Others Bills 4,254 4,254 - - - -

7 Lain-lain/ Others 6,248 6,248 - - - -





3 Kewajiban pada bank lain/ Liabilities on Other Banks 751,520 706,520 45,000 - - -

4 Surat Berharga yang Diterbitkan/ Securities Issued 597,388 - - - 300,000 297,388

5 Pinjaman yang Diterima/ Borrowing 550,000 300,000 - - - 250,000

6 Kewajiban lainnya/ Other Liabilities 4,254 4,254 - - - -

7 Lain-lain/ Others 55,710 40,110 - 15,600 - -



1,535,815 (587,883) 50,013 280,018 1,031,264 762,403



1 Komitmen/ Commitment 363,452 69,479 262,055 15,483 16,435 -


Total Tagihan Rekening Administratif/ Total Administrative Account Claims 363,452 69,479 262,055 15,483 16,435 -






99,193 (43,017) 165,402 (8,925) (7,914) (6,352)

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,635,007 (630,901) 215,414 271,093 1,023,350 756,050

Selisih Kumulatif/ Cummulative Difference (630,901) (415,486) (144,393) 878,957 1,635,007


Tabel 9.1.b. Pengungkapan Profil Maturitas Rupiah - Bank secara Konsolidasi dengan Perusahaan Anak

Table 9.1.b. Disclosure of Maturity Rupiah Profile for Rupiah – Bank Consolidated with subsidiaries

31-Dec-13


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 17,906 17,906 - - - -

2 Penempatan pada Bank Indonesia/ Placement on Bank of Indonesia 1,888,470 1,649,618 138,874 59,128 40,850 -

3 Penempatan pada bank lain/ Placements on Other Banks 294 294 - - - -



6 Tagihan lainnya/ Others Bills - - - - - -

7 Lain-lain/ Others 8,910 8,910 - - - -






4 Surat Berharga yang Diterbitkan/ Securities Issued 448,153 - - - - 448,153

5 Pinjaman yang Diterima/ Borrowing 450,000 - 350,000 100,000 - -


7 Lain-lain/ Others 66,388 50,085 16,303 - - -



2,490,291 357,389 151,402 182,300 1,248,513 550,686





Total Tagihan Rekening Administratif/ Total Administrative Account Claims 682,683 342,190 42,335 112,723 146,754 38,680






21,630 193,889 (80,361) (28,024) (52,197) (11,677)

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 2,511,920 551,277 71,042 154,276 1,196,317 539,009



31-Dec-12


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 12,793 12,793 - - - -

2 Penempatan pada Bank Indonesia/ Placement on Bank of Indonesia 1,527,018 1,370,612 - 58,788 97,617 -

3 Penempatan pada bank lain/ Placements on Other Banks 275,028 275,028 - - - -



6 Tagihan lainnya/ Others Bills 4,254 4,254 - - - -

7 Lain-lain/ Others 7,061 7,061 - - - -






4 Surat Berharga yang Diterbitkan/ Securities Issued 597,388 - - - 300,000 297,388

5 Pinjaman yang Diterima/ Borrowing 550,000 300,000 - - - 250,000


7 Lain-lain/ Others 55,710 40,110 - 15,600 - -



1,632,003 (581,491) 50,964 282,143 971,541 908,846





Total Tagihan Rekening Administratif/ Total Administrative Account Claims 363,452 69,479 262,055 15,483 16,435 -






99,193 (43,017) 165,402 (8,925) (7,914) (6,352)

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,731,195 (624,509) 216,365 273,218 963,627 902,493

Selisih Kumulatif/ Cummulative Difference (624,509) (408,143) (134,925) 828,702 1,731,195


Tabel 9.2.a. Pengungkapan Profil Maturitas Valas - Bank secara Individual

Table 9.2.a. Disclosure of Maturity Profile for Foreign

31-Dec-13


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 8,520 8,520 - - - -

2 Penempatan pada Bank Indonesia/ Placement on Bank of Indonesia 620,670 620,670 - - - -

3 Penempatan pada bank lain/ Placements on Other Banks 1,187,291 858,701 328,590 - - -

4 Surat Berharga/ Securities 10,858 6,107 3,187 1,564 - -

5 Kredit yang diberikan/ Loan 5,598,996 438,957 1,269,674 643,368 1,462,216 1,784,780

6 Tagihan lainnya/ Others Bills 210,856 79,575 102,557 23,754 4,971 -

7 Lain-lain/ Others 4,662 4,662 - - - -

Total Aset/ Total Assets 7,641,852 2,017,192 1,704,008 668,685 1,467,187 1,784,780


1 Dana Pihak Ketiga/ Third Party Funds 4,137,688 2,764,542 207,379 10,507 2,243 1,153,016



4 Surat Berharga yang Diterbitkan/ Securities Issued - - - - - -

5 Pinjaman yang Diterima/ Borrowing 3,089,936 473,386 - 608,500 1,521,250 486,800

6 Kewajiban lainnya/ Other Liabilities 189,856 69,712 95,293 19,880 4,971 -

7 Lain-lain/ Others 11,537 300 11,237 - - -

Total Kewajiban/ Total Liabillities 7,794,117 3,612,190 374,760 638,887 1,528,464 1,639,816


(152,265) (1,594,998) 1,329,248 29,798 (61,277) 144,964



1 Komitmen/ Commitment 2,343,936 1,736,838 211,025 146,892 200,501 48,680


Total Tagihan Rekening Administratif/ Total Administrative Account Claims 2,343,936 1,736,838 211,025 146,892 200,501 48,680






1,400,661 1,462,875 (130,977) 2,749 53,845 12,170

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,248,396 (132,124) 1,198,271 32,547 (7,432) 157,134

Selisih Kumulatif/ Cummulative Difference (132,124) 1,066,147 1,098,694 1,091,262 1,248,396


31-Dec-12


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 5,808 5,808 - - - -


3 Penempatan pada bank lain/ Placements on Other Banks 833,998 573,772 - - - 260,226

4 Surat Berharga/ Securities 22,789 20,439 2,350 - - -



7 Lain-lain/ Others 2,791 2,791 - - - -



1 Dana Pihak Ketiga/ Third Party Funds 2,810,746 1,795,086 138,828 8,578 678 867,576




5 Pinjaman yang Diterima/ Borrowing 1,877,149 142,309 289,140 674,660 481,900 289,140


7 Lain-lain/ Others 233,722 393 233,230 99 - -



264,285 (781,278) 459,689 (267,202) 730,853 122,223









Total Kewajiban Rekening Administratif/ Total Administrative Account Liabilities 929,173 413,132 472,015 28,123 15,903 -


1,241,767 1,518,374 (286,699) (3,835) 7,807 6,120

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,506,052 737,096 172,991 (271,037) 738,659 128,343



Tabel 9.2.b. Pengungkapan Profil Maturitas Valas - Bank secara Konsolidasi dengan Perusahaan Anak

Table 9.2.b. Disclosure of aturity Profile for Foreign Currency – Bank Consolidated with subsidiaries

31-Dec-13


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 8,939 8,939 - - - -


3 Penempatan pada bank lain/ Placements on Other Banks 1,187,291 858,701 328,590 - - -

4 Surat Berharga/ Securities 10,858 6,107 3,187 1,564 - -



7 Lain-lain/ Others 7,013 7,013 - - - -



1 Dana Pihak Ketiga/ Third Party Funds 4,050,064 2,676,918 207,379 10,507 2,243 1,153,016




5 Pinjaman yang Diterima/ Borrowing 3,385,070 473,386 - 842,727 1,582,158 486,800


7 Lain-lain/ Others 11,537 300 11,237 - - -

Total Kewajiban/ Total Liabillities 8,001,749 3,524,688 374,760 873,114 1,589,372 1,639,816


(152,033) (1,504,725) 1,330,079 (201,203) (111,971) 335,786











1,400,661 1,462,875 (130,977) 2,749 53,845 12,170

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,248,628 (41,851) 1,199,102 (198,454) (58,126) 347,956

Selisih Kumulatif/ Cummulative Difference (41,851) 1,157,251 958,797 900,672 1,248,628


31-Dec-12


Balance


< 1 bulan< 1 Month

> 1 bln s.d. 3 bln


> 3 bln s.d. 6 bln


> 6 bln s.d. 12 bln




A Aset/ Asset

1 Kas/ Cash 5,963 5,963 - - - -


3 Penempatan pada bank lain/ Placements on Other Banks 833,998 573,772 - - - 260,226

4 Surat Berharga/ Securities 22,789 20,439 2,350 - - -



7 Lain-lain/ Others 3,437 3,437 - - - -



1 Dana Pihak Ketiga/ Third Party Funds 2,757,118 1,741,458 138,828 8,578 678 867,576




5 Pinjaman yang Diterima/ Borrowing 2,104,946 142,309 289,140 674,660 530,090 468,747


7 Lain-lain/ Others 233,722 393 233,230 99 - -



259,680 (726,924) 460,790 (263,082) 689,667 99,229









Total Kewajiban Rekening Administratif/ Total Administrative Account Liabilities 929,173 413,132 472,015 28,123 15,903 -


1,241,767 1,518,374 (286,699) (3,835) 7,807 6,120

Selisih [(IA-IB)+(IIA-IIB)]/ Difference[(IA-IB)+(IIA-IIB)] 1,501,447 791,450 174,092 (266,917) 697,473 105,349


Laporan Keuangan Konsolidasi Perusahaan IndukParent Company Consolidated Financial Statements


CONSOLIDATED BALANCE SHEETResona Holdings, Inc. and consolidated subsidiariesMarch 31, 2013

Millions of yen

Millions ofU.S. dollars

(Note 1)

2013 2012 2013

Assets:Cash and due from banks (Notes 3, 13 and 29) ................................................... ¥ 3,386,146 ¥ 2,707,761 $ 35,999Call loans and bills bought (Notes 4 and 29) ........................................................ 183,822 246,323 1,954Monetary claims bought (Note 29) ....................................................................... 376,537 439,726 4,003Trading assets (Notes 5, 13, 29 and 30) .............................................................. 787,139 696,538 8,368Money held in trust .............................................................................................. 200 — 2Securities (Notes 6, 13 and 29) ........................................................................... 10,181,599 11,335,875 108,245Loans and bills discounted (Notes 7, 13, 14, 29 and 35) ..................................... 26,490,121 25,782,695 281,630Foreign exchange assets (Notes 8 and 29) .......................................................... 67,782 76,340 720Other assets (Notes 9, 13, 29, 30 and 31) .......................................................... 876,023 1,158,028 9,313Tangible fixed assets (Notes 10, 12, 21 and 28) ................................................... 307,328 307,088 3,267Intangible fixed assets (Notes 11, 12 and 28) ....................................................... 43,498 51,860 462Deferred tax assets (Note 27) .............................................................................. 176,269 169,357 1,874Customers’ liabilities for acceptances and guarantees (Notes 20 and 29) ............ 539,855 608,435 5,739Reserve for possible loan losses (Note 29) ........................................................... (305,532) (379,863) (3,248)Reserve for possible losses on investments ......................................................... (161) (338) (1)

Total Assets ....................................................................................................... ¥43,110,629 ¥43,199,830 $458,331

Liabilities and Net Assets:Liabilities:Deposits (Notes 13, 15, 29 and 35) ..................................................................... ¥35,384,871 ¥34,523,604 $376,194Negotiable certificates of deposit (Note 29) .......................................................... 1,301,400 1,337,560 13,835Call money and bills sold (Notes 4 and 29) .......................................................... 250,602 408,527 2,664Payables under repurchase agreements (Notes 13 and 29) ................................. 38,992 11,998 414Payables under securities lending transactions (Notes 13 and 29) ....................... — 345,063 —Trading liabilities (Notes 5, 29 and 30) .................................................................. 346,073 273,269 3,679Borrowed money (Notes 13, 16 and 29) .............................................................. 671,869 1,512,904 7,142Foreign exchange liabilities (Notes 8 and 29) ........................................................ 1,463 2,051 15Bonds (Notes 17 and 29) ..................................................................................... 716,429 797,076 7,616Due to trust account (Note 29) ............................................................................. 448,793 354,818 4,771Other liabilities (Notes 13, 16, 18, 29 and 30)....................................................... 1,126,413 1,089,568 11,975Reserve for employees’ bonuses ......................................................................... 18,182 13,943 193Reserve for employees’ retirement benefits (Note 31) .......................................... 12,940 12,481 137Other reserves (Note 19) ...................................................................................... 39,504 41,358 419Deferred tax liabilities (Note 27) ............................................................................ 240 125 2Deferred tax liabilities for land revaluation (Note 21) .............................................. 23,690 23,713 251Acceptances and guarantees (Notes 20 and 29) ................................................. 539,855 608,435 5,739

Total Liabilities ........................................................................................... 40,921,325 41,356,500 435,055

Net Assets (Notes 22, 33 and 36): Capital stock ....................................................................................................... 340,472 340,472 3,619Capital surplus .................................................................................................... 237,082 237,082 2,520Retained earnings ................................................................................................ 1,315,470 1,086,691 13,985Treasury stock ..................................................................................................... (89,596) (86,849) (952)

Total stockholders’ equity ............................................................................. 1,803,428 1,577,397 19,173

Net unrealized gains on available-for-sale securities (Note 6) ................................ 186,573 92,243 1,983Net deferred gains on hedges .............................................................................. 36,319 27,124 386Revaluation reserve for land (Note 21) .................................................................. 41,260 41,303 438Foreign currency translation adjustments ............................................................. (4,350) (4,629) (46)

Total accumulated other comprehensive income .......................................... 259,803 156,042 2,762

Minority interests in consolidated subsidiaries ...................................................... 126,072 109,890 1,340

Total Net Assets......................................................................................... 2,189,304 1,843,329 23,275

Total Liabilities and Net Assets ....................................................................... ¥43,110,629 ¥43,199,830 $458,331

See accompanying notes to the consolidated financial statements.


CONSOLIDATED STATEMENT OF INCOMEResona Holdings, Inc. and consolidated subsidiariesFor the fiscal year ended March 31, 2013

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOMEResona Holdings, Inc. and consolidated subsidiariesFor the fiscal year ended March 31, 2013

Millions of yen


(Note 1)

2013 2012 2013

Income:Interest income (Note 23) ............................................................................................. ¥491,990 ¥520,239 $5,230Trust fees ..................................................................................................................... 21,639 23,497 230Fees and commissions ................................................................................................ 181,932 171,696 1,934Trading income (Note 24) ............................................................................................. 3,542 11,558 37Other operating income (Note 25) ................................................................................ 53,466 52,212 568Other income (Note 26) ............................................................................................... 80,743 73,217 858

Total Income ......................................................................................................... 833,315 852,420 8,859

Expenses:Interest expenses (Note 23) ......................................................................................... 48,920 56,257 520Fees and commissions ................................................................................................ 52,944 52,010 562Trading expenses ........................................................................................................ 1,357 — 14Other operating expenses (Note 25) ............................................................................ 12,185 15,709 129General and administrative expenses ........................................................................... 361,645 360,914 3,844Other expenses (Note 26) ............................................................................................ 71,912 94,231 764

Total Expenses ..................................................................................................... 548,966 579,123 5,836

Net income before income taxes and minority interests ...................................... 284,348 273,297 3,023Income Taxes (Note 27):Current ........................................................................................................................ 47,627 12,522 506Deferred ...................................................................................................................... (43,732) 2,593 (464)

Total income taxes ................................................................................................ 3,895 15,116 41

Net income before minority interests ..................................................................... 280,453 258,180 2,981

Minority interests in net income ............................................................................. 5,312 4,518 56

Net income ................................................................................................................ ¥275,141 ¥253,662 $2,925

YenU.S. dollars

(Note 1)

Per common share information:Net income per share (Basic) (Note 33) ................................................................................. ¥105.71 ¥96.56 $1.12Net income per share (Diluted) (Note 33) ............................................................................... 72.52 68.36 0.77Cash dividends per share applicable to the fiscal year (Notes 22 and 36) .............................. 12.00 12.00 0.12


Millions of yen


(Note 1)

2013 2012 2013

Net income before minority interests ..................................................................... ¥280,453 ¥258,180 $2,981Other comprehensive income (Note 32): Net unrealized gains on available-for-sale securities ................................................. 94,361 30,463 1,003 Net deferred gains on hedges .................................................................................. 9,194 10,772 97 Revaluation reserve for land ..................................................................................... — 3,366 — Foreign currency translation adjustments ................................................................. 14,597 (1,872) 155 Share of other comprehensive income of affiliates accounted for using the equity method ......................................................................................... (3) (26) (0)

Total other comprehensive income ....................................................................... 118,149 42,703 1,256

Total comprehensive income (Note 32) ................................................................... ¥398,602 ¥300,884 $4,237

Comprehensive income attributable to (Note 32): Owners of the parent ............................................................................................... ¥378,945 ¥298,056 $4,028 Minority interests ...................................................................................................... 19,657 2,827 208



CONSOLIDATED STATEMENT OF CHANGES IN NET ASSETSResona Holdings, Inc. and consolidated subsidiariesFor the fiscal year ended March 31, 2013

Millions of yen


(Note 1)

2013 2012 2013

Net assets (Note 22): Stockholders’ equity: Capital stock: Balance at the beginning of the fiscal year .................................................... ¥ 340,472 ¥ 340,472 $ 3,619 Changes during the fiscal year Total changes during the fiscal year ........................................................... — — —

Balance at the end of the fiscal year ............................................................. ¥ 340,472 ¥ 340,472 $ 3,619

Capital surplus: Balance at the beginning of the fiscal year ................................................... ¥ 237,082 ¥ 237,082 $ 2,520 Changes during the fiscal year Disposal of treasury stock ......................................................................... (0) (0) (0) Transfer from retained earnings to capital surplus ...................................... 0 0 0

Total changes during the fiscal year ........................................................... — — —

Balance at the end of the fiscal year .............................................................. ¥ 237,082 ¥ 237,082 $ 2,520

Retained earnings: Balance at the beginning of the fiscal year ................................................... ¥1,086,691 ¥ 879,381 $11,553 Changes during the fiscal year Dividends paid .......................................................................................... (46,404) (46,894) (493) Net income ............................................................................................... 275,141 253,662 2,925 Reversal of revaluation reserve for land ...................................................... 42 542 0 Transfer from retained earnings to capital surplus ...................................... (0) (0) (0) Total changes during the fiscal year ........................................................... 228,778 207,309 2,432

Balance at the end of the fiscal year .............................................................. ¥1,315,470 ¥1,086,691 $13,985

Treasury stock: Balance at the beginning of the fiscal year .................................................... ¥ (86,849) ¥ (86,847) $ (923) Changes during the fiscal year ...................................................................... Purchase of treasury stock ........................................................................ (3,449) (2) (36) Disposal of treasury stock ......................................................................... 701 0 7 Total changes during the fiscal year ........................................................... (2,747) (1) (29)

Balance at the end of the fiscal year .............................................................. ¥ (89,596) ¥ (86,849) $ (952)

Total stockholders’ equity: Balance at the beginning of the fiscal year .................................................... ¥1,577,397 ¥1,370,089 $16,770 Changes during the fiscal year ...................................................................... Dividends paid .......................................................................................... (46,404) (46,894) (493) Net income ............................................................................................... 275,141 253,662 2,925 Purchase of treasury stock ........................................................................ (3,449) (2) (36) Disposal of treasury stock ......................................................................... 701 0 7 Reversal of revaluation reserve for land ...................................................... 42 542 0

Total changes during the fiscal year ........................................................... 226,031 207,307 2,403 Balance at the end of the fiscal year .............................................................. ¥1,803,428 ¥1,577,397 $19,173



(Continued)

Millions of yen


(Note 1)

2013 2012 2013

Accumulated other comprehensive income:Net unrealized gains on available-for-sale securities: Balance at the beginning of the fiscal year .............................................................. ¥ 92,243 ¥ 61,826 $ 980 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... 94,330 30,416 1,002

Total changes during the fiscal year .................................................................... 94,330 30,416 1,002

Balance at the end of the fiscal year ....................................................................... ¥ 186,573 ¥ 92,243 $ 1,983

Net deferred gains on hedges: Balance at the beginning of the fiscal year .............................................................. ¥ 27,124 ¥ 16,352 $ 288 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... 9,194 10,772 97

Total changes during the fiscal year .................................................................... 9,194 10,772 97

Balance at the end of the fiscal year ....................................................................... ¥ 36,319 ¥ 27,124 $ 386Revaluation reserve for land: Balance at the beginning of the fiscal year .............................................................. ¥ 41,303 ¥ 38,479 $ 439 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... (42) 2,824 (0)

Total changes during the fiscal year .................................................................... (42) 2,824 (0)

Balance at the end of the fiscal year ....................................................................... ¥ 41,260 ¥ 41,303 $ 438

Foreign currency translation adjustments: Balance at the beginning of the fiscal year .............................................................. ¥ (4,629) ¥ (4,468) $ (49) Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... 279 (161) 2

Total changes during the fiscal year .................................................................... 279 (161) 2 Balance at the end of the fiscal year ....................................................................... ¥ (4,350) ¥ (4,629) $ (46)

Total accumulated other comprehensive income Balance at the beginning of the fiscal year .............................................................. ¥ 156,042 ¥ 112,190 $ 1,658 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... 103,761 43,851 1,103


Balance at the end of the fiscal year ....................................................................... ¥ 259,803 ¥ 156,042 $ 2,762Minority interests in consolidated subsidiaries: Balance at the beginning of the fiscal year .............................................................. ¥ 109,890 ¥ 110,273 $ 1,168 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ..................... 16,181 (383) 172

Total changes during the fiscal year .................................................................... 16,181 (383) 172

Balance at the end of the fiscal year ....................................................................... ¥ 126,072 ¥ 109,890 $ 1,340

Total net assets: Balance at the beginning of the fiscal year .............................................................. ¥1,843,329 ¥1,592,553 $19,597 Changes during the fiscal year Dividends paid .................................................................................................... (46,404) (46,894) (493) Net income ......................................................................................................... 275,141 253,662 2,925 Purchase of treasury stock ................................................................................. (3,449) (2) (36) Disposal of treasury stock .................................................................................. 701 0 7 Reversal of revaluation reserve for land ............................................................... 42 542 0 Net changes except for stockholders’ equity during the fiscal year ..................... 119,943 43,468 1,275


Balance at the end of the fiscal year ....................................................................... ¥2,189,304 ¥1,843,329 $23,275



CONSOLIDATED STATEMENT OF CASH FLOWSResona Holdings, Inc. and consolidated subsidiariesFor the fiscal year ended March 31, 2013

Millions of yen


(Note 1)

2013 2012 2013

Cash flows from operating activities:Income before income taxes and minority interests ........................................................ ¥ 284,348 ¥ 273,297 $ 3,023Adjustments for:Depreciation and amortization ....................................................................................... 28,402 27,743 301Impairment losses on fixed assets ................................................................................. 679 2,606 7Equity in earnings of investments in affiliates .................................................................. (174) (191) (1)Decrease in reserve for possible loan losses .................................................................. (74,330) (44,755) (790)Decrease in reserve for possible losses on investments ................................................. (177) (800) (1)Increase (decrease) in reserve for employees’ bonuses .................................................. 4,239 (660) 45Increase in reserve for employees’ retirement benefits ................................................... 459 889 4Interest income (accrual basis) ....................................................................................... (491,990) (520,239) (5,230)Interest expenses (accrual basis) ................................................................................... 48,920 56,257 520Net gains on securities .................................................................................................. (15,525) (23,024) (165)Net foreign exchange losses (gains) ............................................................................... 30,677 (54,714) 326Net losses (gains) on disposal of fixed assets................................................................. 105 (1,030) 1Net increase in trading assets ........................................................................................ (90,600) (59,029) (963)Net increase in trading liabilities ..................................................................................... 72,803 28,987 774Net decrease (increase) in loans and bills discounted ..................................................... (707,426) 70,326 (7,521)Net increase in deposits ................................................................................................ 861,267 343,657 9,156Net decrease in negotiable certificates of deposit .......................................................... (36,160) (87,050) (384)Net decrease in borrowed money (excluding subordinated borrowed money) ................ (839,034) (177,909) (8,920)Net decrease (increase) in due from banks (excluding those deposited at Bank of Japan) ............................................................................................................ (31,755) 228,113 (337)Net decrease in call loans and other .............................................................................. 125,689 98,095 1,336Net decrease in call money and other ............................................................................ (130,929) (363) (1,391)Net increase (decrease) in payables under securities lending transactions ..................... (345,063) 345,063 (3,668)Net decrease (increase) in foreign exchange assets ....................................................... 8,558 (12,868) 90Net increase (decrease) in foreign exchange liabilities ..................................................... (587) 295 (6)Net increase in straight bonds ....................................................................................... 52,820 8,954 561Net increase (decrease) in due to trust account ............................................................. 93,975 (21,048) 999Interest receipts (cash basis) .......................................................................................... 498,915 520,729 5,304Interest payments (cash basis) ....................................................................................... (60,077) (63,117) (638)Other—net .................................................................................................................... 204,307 251,813 2,172

Subtotal ................................................................................................................. (507,661) 1,190,025 (5,397)

Income taxes paid ......................................................................................................... (30,889) (34,627) (328)

Net cash provided by (used in) operating activities .................................................. (538,550) 1,155,398 (5,725)Cash flows from investing activities:Purchases of securities .................................................................................................. (27,930,944) (41,237,703) (296,948)Proceeds from sales of securities................................................................................... 25,644,024 36,553,559 272,634Proceeds from redemption of securities ......................................................................... 3,678,248 3,385,689 39,105Increase in money held in trust ...................................................................................... (200) — (2)Purchases of tangible fixed assets ................................................................................. (9,324) (9,283) (99)Proceeds from sales of tangible fixed assets .................................................................. 1,906 5,873 20Purchases of intangible fixed assets .............................................................................. (2,677) (4,546) (28)Proceeds from disposal of intangible fixed assets .......................................................... 29 — 0Other—net .................................................................................................................... (233) (348) (2)

Net cash provided by (used in) investing activities ................................................... 1,380,828 (1,306,760) 14,680

Cash flows from financing activities:Repayment of subordinated borrowed money ............................................................... (2,000) (10,000) (21)Proceeds from issuance of subordinated bonds ............................................................ 44,756 210,876 475Repayment of subordinated bonds ................................................................................ (189,005) (94,096) (2,009)Dividends paid ............................................................................................................... (46,404) (46,894) (493)Dividends paid to minority stockholders of consolidated subsidiaries ............................. (328) (421) (3)Purchases of treasury stock ........................................................................................... (3,449) (2) (36)Proceeds from sales of treasury stock ........................................................................... 670 0 7

Net cash provided by (used in) financing activities .................................................. (195,760) 59,461 (2,081)

Effect of exchange rate changes on cash and cash equivalents .......................... 112 (7) 1

Net increase (decrease) in cash and cash equivalents ........................................... 646,629 (91,907) 6,874Cash and cash equivalents at the beginning of the fiscal year ............................. 2,590,131 2,682,038 27,537

Cash and cash equivalents at the end of the fiscal year (Note 3) ........................... ¥ 3,236,761 ¥ 2,590,131 $ 34,411



RISK MANAGEMENT SYSTEMSBasic Approach to Risk Management

We deeply regret the serious concern and inconvenience

that the injection of public funds in June 2003 caused the

people of Japan, our customers, and other stakeholders.

Consequently, we have established the risk management

principles below to enhance our risk management systems

and methods as well as risk control. Resona Holdings and

other Resona Group companies conduct their risk manage-

ment activities with an eye to securing the soundness of

operations and enhancing profitability.

1. We will not assume levels of risk in excess of our

economic capital.

2. We will deal promptly with losses that we have

incurred or expect to incur.

3. We will take risks appropriate for our earnings power.

Risk Management Policies and Systems

Resona Holdings has established the Group Risk

Management Policy that serves as the Group’s basic risk

management policy.

Based on the Group Risk Management Policy, each

Group bank has established its own risk management policy

that is tailored to its operations, unique characteristics, and

the risks it must address. The risk management policies of

Resona Holdings and Group banks create a basic frame-

work for managing risk by defining the types of risk that

must be managed and establishing organizations or systems

that manage risk.

Resona Holdings and Group banks have established risk

management departments for managing different types of

risk, along with a Risk Management Division, to integrate the

management and control of all types of risk. Principal risk

categories are outlined below, and each risk is managed

using a method that is tailored to its characteristics.

Principal Group companies, other than the banks, have

also established risk management policies that are tailored

to their own operations, special characteristics, and risks. In

addition to establishing risk management systems and

frameworks, these policies establish guidelines for avoiding

risks outside their fundamental business areas. These Group

companies have also established risk management depart-

ments for managing different categories of risk and risk man-

agement divisions for comprehensive risk management.

RISK MANAGEMENT SYSTEMS

Risk Category Definition

Risk of losses that arises when the value of assets (including off balance sheet assets) declines or is destroyed as a result of the deterioration of the financial position of obligors

Risk Management Methods

Credit risk

Market risk

Operational risk

Processing risk

Systems risk

Trust asset management risk

Legal and compliance risks

Other operational risk

Liquidity risk

Reputational risk

Comprehensive risk management (setting risk limits, assessing risk, allocation of risk capital, etc.)

Setting risk limits, credit rating system, portfolio management, credit analysis and management, etc.

Risk of losses that may occur when the price of assets and liabilities (including off balance sheet assets and liabilities) change because of fluctuations in market risk factors, including interest rates, foreign currency exchange rates, and stock prices

Setting risk limits, setting loss limits, setting position limits, etc.

Risk of losses that may occur when a party has difficulty in raising the necessary funds or is forced to raise such funds at higher than normal rates

Recognition of liquidity emergencies, response system for emergencies, guidelines for liquidity risk management indi-cators, etc.

Risk of losses that may occur when internal processes, personnel, and/or systems function improperly or fail to function and when external factors result in such losses

Control self-assessments (CSAs), analysis of loss data, etc.

Risk of losses that may occur when management and/or staff fail to perform processing work accurately and when they cause accidents or commit fraud

Improvements in business processes, training and education, guidance for clerical operations, etc.

Risk of losses that may occur when computer systems are down or perform improperly and when fraud occurs

Control through systems risk management standards, pre paration of contingency plans, etc.

Risk of losses that may occur when legal regulations and contracts are violated and when fraudulent contracts are concluded

Compliance checks, improvements through compliance programs, etc.

Risk of losses that may occur when a trustee fails to fulfill his/her fiduciary responsibilities and does not exercise the due care expected of a prudent manager and, as a result, the trust assets are lost or otherwise impaired and compensation must be provided to the owners of the assets

Improvement in business processes, training and education, guidance for clerical operations, etc.

Risk of losses that may occur when tangible assets are damaged or destroyed as a result of natural disasters, fires, or other contingencies and the risk of losses resulting from external criminal activities that cause losses to clients and must be compensated

Improvements in facilities to minimize risks of natural disasters and financial crime by outsiders, strengthening procedures, etc.

Risk of losses that may occur when reports in the media, rumors, false infor mation, and unfounded reports have a detrimental effect on a company’s reputation

Dissemination of timely and appropriate information, monitor-ing of media, etc., preparation of crisis management systems.


Group Management by Resona Holdings Resona Holdings provides common guidance and direction

to all Group companies regarding risk management policies,

standards, and systems.

The Group management framework requires that Group

companies confer with Resona Holdings in advance of mak-

ing decisions on important matters related to risk manage-

ment and base their decisions on those consultations.

In addition to providing direction to Group companies

regarding risk management policies as well as rules, stan-

dards, and systems, Resona Holdings verifies risk manage-

ment policies, rules, standards, and systems at all Group

companies through prior consultation, thus controlling the

Group risk management framework.

Furthermore, Resona Holdings controls risk taking by

Group companies by requiring prior discussion of their limits

and guidelines. Group companies must make reports to

Resona Holdings regarding the risk conditions and their man-

agement on a regular and as-needed basis so that the holding

company can provide guidance and direction as necessary.

As shown by the chart below, we have formed risk man-

agement divisions within Resona Holdings for managing

each type of risk on a Groupwide basis.

COMPREHENSIVE RISK MANAGEMENT Basic Approach to Comprehensive Risk Management

Comprehensive risk management measures and controls dif-

fering kinds of risk from an overall perspective, and its objec-

tive is to maintain the sound management of the Resona

Group as a whole. To secure such sound management, the

fundamental approach is to manage operations so as to

maintain major types of risk within the limits of core capital.

Comprehensive Risk Management Systems

Comprehensive risk management divisions have been

formed within Resona Holdings and the Group banks, and

each of these divisions is responsible for comprehensive risk

management of the Group and the banks, respectively.

[Group Risk Management Systems in Outline]

Resona Holdings

Credit Risk Management

DivisionRisk Management Division

Risk Management/ Business Process

Reengineering/Compliance Divisions

IT Planning Division

Compliance Division Risk Management Division

Corporate Communications

Division

Board of Directors

Representative Executive Officers

Executive Committee

Group Risk Management Committee

Group Compliance Committee

Housing Loan Management Committee

Group Liquidity Risk Management Committee

Risk Management Division

Credit risk Market risk Liquidity risk Reputational risk

Group banks and other Group companies

Committees and

councils

Comprehensive risk management

Management of each type of risk

Risk categoryOperational risk

Resona Holdings Group Management Framework

1) Prior consultation system (Holding company �—� Group companies), 2) Reporting system (Group companies —� Holding company),3) Guidance/advice (Holding company —� Group companies)

Other operational risk


Legal and compliance risksSystems riskProcessing risk

1) Prior discussion system

Group companies must engage in prior discussion with Resona Holdings in the situations listed below.• When establishing or revising important risk management policies or rules• When establishing all types of risk-related limits and guidelines• When making decisions about other important risk management matters

2) Reporting system • All Group companies must make periodic reports to Resona Holdings regarding the status of risks and risk management.• Reports are made as needed, for example, when critical risk management issues arise.

3) Guidance and advice • Resona Holdings presents such Groupwide risk management items as policies, standards, and systems to all Group companies.• Resona Holdings provides individual guidance and advice as necessary, based on reports from Group companies.


All Group banks measure the volume of credit risk, market

risk, and operational risk using the risk management indica-

tor value at risk (VaR*) and establish risk limits (make risk

capital allocations) on these types of risk. Risk management

is conducted to control risk within these established limits.

When the Group banks set their risk limits, Resona

Holdings holds prior consultation with each bank and verifies

the details of the limits to be established to confirm the

soundness of the Group as a whole. In addition, Resona

Holdings receives periodic reports from the Group banks

regarding the status of risk management and confirms the

status of comprehensive risk management of the Group.

In addition, although the Resona Group is constantly

working to improve the quality of risk measurement through

various means, including the application of the VaR method,

there are risks that cannot be quantified by statistical risk

management methods. Based on this fact, Resona Holdings

and Group banks strive to study and understand the incom-

pleteness and specific weak points of the VaR method,

thereby assessing and recognizing the impact of such limita-

tions of their risk measurement. For risks that cannot be

identified or quantified by the VaR method, Resona Holdings

conducts qualitative assessment through various stress

testing and the use of risk-assessment mapping. In this way,

Resona Holdings aims to enhance the quality of its compre-

hensive risk management.

* VaR, or value at risk, is a risk management indicator that is calculated using statistical methods to measure the maximum loss that may occur with a specified confidence interval (probability) and over a specified period.

CREDIT RISK MANAGEMENTBasic Approach to Credit Risk Management

We define credit risk as “a risk that arises when the value of

assets declines or is destroyed as a result of the deteriora-

tion of the financial position of obligors.”

The Resona Group manages credit risk by maintaining

appropriate earnings in relation to credit costs by accumulat-

ing sound and profitable assets through appropriate credit

analysis and management. At the same time, by promoting

the thorough distribution of risk through accurate credit port-

folio management and controlling the amount of credit risk

within appropriate limits, we aim to maintain the soundness

of our operations.

Positioning credit risk management as one of the most-

important management issues, Resona Holdings has formu-

lated the Group Risk Management Policy. Based on this

poli cy, the Resona Group establishes and upgrades its credit

risk management systems and relevant procedures.

Credit Risk Management Frameworks and Systems

The Credit Risk Management Division is in charge of manag-

ing credit risk at Resona Holdings. This division collects

information relating to credit and other risks from all Resona

Group banks and controls credit risk management in the

Resona Group while coordinating relevant activities through

effective planning and strategy formulation. When the divi-

sion identifies credit risk management issues through its

operations, it collaborates with the Risk Management

Division in charge of comprehensive risk management within

the entire Group, on an as-required basis, to make appropri-

ate responses, such as instructing relevant Resona Group

banks and divisions to solve the issues. In addition, the

Credit Risk Management Division, regularly or on an as-re-

quired basis, monitors the status of Groupwide credit risk

and Group banks’ management. The results of such moni-

toring are reported to the management of Resona Holdings

through the Executive Committee and other relevant

[Resona Group’s Allocation of Risk Capital (Establishment of Risk Limits)]

�Primary risks (credit risk, market risk (including equity investments), and operational risk) are controlled within the scope of Tier 1 capital.� Sufficient risk buffers in the form of the remainder of Tier 1 and Tier 2 are provided against the risk volume assumed under a stress

test or the risks that are difficult to measure.

[ Risk Amounts Relative to Capital (Year ended March 31, 2013) ](Billions of yen)

2,500

2,000

1,500

1,000

500

0

Tier 2

Tier 1

Risk Tolerance Risk Capital Risk Volume

Soundness is secured by coveringrisks with Tier 1 capital, which isclose to risk capital.

Assumptions for measuring the VaR� Confidence interval 99%* A 99.9% level is used as an auxiliary risk amount under stress

conditions.� Holding period Credit risk: 1 year Market risk: 10 days to six months,

depending on the nature of assets Operational risk: 1 year

* Risk tolerance has been adjusted to capital (Tier 1 and Tier 2) for internal management purposes.

The adequacy of capital is assessed on the basis of management of the capital adequacy ratio and comprehensive risk management.

Credit risk ¥342.6 billion

Market risk ¥120.7 billion

Operational risk ¥62.0 billion


past due or the business performance of obligors deterio-

rates, timely and appropriate reviews are conducted.

Moreover, to accurately assess and measure the credit

risk of the Group’s credit portfolio, Group companies make

use of measures of exposure, the average credit loss

amount, credit risk amounts, etc.

� Monitoring of Credit Risk

Group banks monitor the credit risk standing of their cus-

tomers by monitoring their fulfillment of contractual repay-

ment schedules, their business performance, financial

position, qualitative factors, and other indicators. Especially

for customers to which the Resona Group has major credit

exposure and may have a major impact on the Group’s

management, monitoring is carried out more strictly and on

a continuing basis.

To monitor the credit risk of the Group’s portfolio, related

data is classified according to assigned credit rating, indus-

try, region, and other criteria. Based on this classification,

Group banks calculate credit risk exposure, average credit

loss amount, credit risk amounts, and other indicators and

follow carefully and analyze changes in credit risk, concen-

trations of credit risk, and risk versus return conditions.

� Control and Mitigation of Credit Risk

When screening applications for credit, Group banks exam-

ine and gain a firm grasp of the applicant’s financial position,

uses of funds, resources for the repayment of obligations,

and other related matters, and, then taking account of spe-

cial risk characteristics or other issues, perform appropriate

credit analyses.

To deal with concentrations of exposure to specific cus-

tomers or groups of customers, in view of possible repercus-

sions for the Resona Group’s management, Group banks

set credit limits, or credit ceilings, and adopt other measures

to manage such circumstances.

When we determine that certain customers need to be

given special attention because of deterioration in perfor-

mance or other circumstances, taking in account that pro-

viding business revitalization support is an important role of

financial institutions in society, Group banks make appropri-

ate provisions for potential credit losses and immediately

take steps to revitalize the customer’s business activities and

recover credit to keep losses to an absolute minimum. In

addition, Group banks are taking active initiatives to reduce

credit risk by working to make improvements in the manage-

ment of customers’ business operations through providing

support in the form of management consultation, manage-

ment guidance, and management improvement activities.

Credit Policy

The Resona Group, reflecting upon its experience of receiv-

ing a capital infusion with public funds, has established a

unified Group Credit Policy, which lays out a standard set of

basic principles for credit management for the Group as a

whole. The Credit Policy describes in detail principles and

rules for credit operations with the objective of building a

sound portfolio of loans to SMEs and individuals that is well

diversified and yielding appropriate returns. Group Credit

Policy is frequently referred to in the daily operating proce-

dures as well as on the occasions of internal training.

Outline of Procedures for Credit Risk Management

� Identification and Assessment of Credit Risk

To accurately assess and measure credit risk, each Group

bank assigns a credit rating to every obligor and reviews this

rating at least once a year. Also, in cases where claims are

Reports

Board of Directors

AuditingCouncilCredit Committee

Branches and operating offices

Portfoliomanagement

Credit risk analysisand management

Circulationof approvaldocuments,

applications forrating, etc.

Documentapprovals,

verification ofstatus of creditoperations, etc.

Discussion of lendingpolicies for major borrowers

and reporting

Departmentsin charge of

creditanalysis

Departmentsresponsible

for monitoringproblem assets

Audi

ting

Inte

rnal

Aud

iting

Portfoliom

onitoring, managem

entof position lim

its, etc.

Credit riskmanagementdepartments

Supervision Supervision

Reports

Reports

[Credit Risk Management System of the Resona Group Banks]

committees. Please note that for housing loans, which

account for a high percentage of the loan portfolio, the

Groupwide Housing Loan Management Committee meets

periodically, with the objective of enhancing the sophistica-

tion of credit risk management.

With the aim of complementing the aforementioned

Groupwide structure and systems, Resona Group banks

have in place effective credit risk management frameworks

and systems consistent with the nature of their credit risk

management. Organizations responsible for credit risk man-

agement at Resona Group banks are credit committees and

credit risk management-related departments, which include

divisions responsible for credit risk management, credit

analysis, and administration of problem loans.


Internal Credit Ratings Outline of Internal Credit Ratings

Resona Group banks assess the credit risk of their custom-

ers based on their financial position and other factors in

accordance with established rules, assigning one of 12

notch ratings. These credit ratings reflect the obligor’s credit

risk standing, and they are used as one important criterion in

making judgments regarding the extension of credit.

Assignment of customers to the obligor classification is

based on their credit ratings. Since necessary write-offs and

loan loss reserves are estimated based on the results of

self-assessments of asset quality, the internal credit rating

system occupies an extremely important position as a basic

indicator for self-assessments as well as write-offs and

provision of loan loss reserves. Expected credit costs are

calculated based on the PD* for each credit rating category,

and such estimated credit costs are used to measure and

manage the profitability of individual customer accounts. As

a result, the Group works to obtain earnings that are com-

mensurate with the credit risk taken.

Various models used in such internal credit ratings are ver-

ified at least once a year by the Credit Risk Management

Division for adequacy. The results of such verification are

reported to the management of Resona Holdings, and these

risk models are subject to review and revision on an as-

required basis.

* PD is the probability of default of an obligor (in the case of a business corporation) in a certain credit rating category or the probability of default on a transaction that is part of a transactions pool (in the case of retail transactions) over a one-year period.

Outline of Rating Procedures

� Corporate Exposures

For industrial corporations in general, business proprietor-

ships, financial institutions, and others, the Group uses a rat-

ing model to assign credit scores based on the obligor’s

financial information. The Group decides on credit ratings

based also on qualitative factors, ratings by external agen-

cies, the credit condition of related parties, and, the most

important, the most up-to-date information that can be col-

lected. In the case of governments, regional governments

and entities, and other obligors for which scoring based on

rating models is not appropriate, ratings are assigned based

on financial strengths, taking account of the special features

of these entities.

� Specialised Lending

In the case of non-recourse loans for which the nonexempt

property is public infrastructure, tangible assets (such as

ships and aircraft), and/or commercial real estate, such

loans are divided into four types—project finance, object

finance, commercial real estate lending, and highly volatile

commercial real estate lending—and scoring models for

each of these four types are applied. For all of these four

types, indicators that are used as the basis for scoring

include the loan to value (LTV) ratio (ratio of the loan expo-

sure to the value of the assets) and the debt service cover-

age ratio (DSCR, the ratio of the annual interest and principal

to be paid to net income). In addition, qualitative and other

information, such as the viability of the underlying business

activities and information on the nonexempt property, is also

taken into account in deciding on ratings.

[Credit Rating Scale]

Obligor Obligor Definition Ratings Category

SA Outstanding Very high probability of meeting obligations; operations are stable

A Superior High probability of meeting obligations; operations are stable

B

Good

Sufficient probability of meeting obligations but, if the economy and business environment deteriorate substantially, there is a possibility this will have an effect on the obligor

C

Normal

Above average

There are no problems regarding the probability of meeting obligations, but, if the economy and the business environment deteriorate substantially, there is a possibility that the probability of meeting future obligations will decrease.

D

Average

There are no problems regarding the probability of meeting obligations for the time being, but, if the economy and business environment deteriorate substantially, there is a possibility that the probability of meeting future obligations will decrease.

E

Below average

There are no problems regarding the probability of meeting obligations at present, but there are elements of uncertainty regard-ing business performance and financial position, and, as a result of changes or other developments related to economic trends and the business environment, there is concern that problems may arise related to meeting future obligations.

F

Watch I

Business performance is weak or uncertain, and there are problems related to financial position and other matters; therefore, monitoring and attention are necessary going forward.

G

Watch Watch II

Business performance is weak or uncertain, and there are problems related to financial position and other matters; therefore, close monitoring and attention are necessary going forward.

H

Special attention

Business performance is weak or uncertain, there are problems related to financial position and other matters regarding the obligor, and there are problems regarding lending conditions and meeting obligations.

I

Doubtful At present, the obligor is not in bankruptcy but is experiencing management difficulties, the state of progress toward the

implementation of management reform plans is not satisfactory, and, going forward, there is a strong possibility of bankruptcy.

J

Effectively Bankrupt Although not, in fact, legally or formally, in bankruptcy, the obligor is effectively in bankruptcy, as it is recognized to be

experiencing serious management difficulties, and there are no prospects for restructuring.

K Bankrupt The obligor is legally and formally in bankruptcy.


� Retail Exposures

Exposure other than corporate exposure is divided into three

categories—residential mortgage exposures, qualified

revolving retail exposures, and other retail exposure.

Exposures in each category that have similar risk character-

istics are then organized into pools and risk management is

conducted for each of these pools.

� Equity Exposures

The Group banks employ the PD/LGD method*1 for calculat-

ing risk-weighted assets for their equity investments for rela-

tionship purposes (with the exception of those stocks for

which other methods of calculation have been specified) and

by the same method for corporate exposures.

� Funds, Etc. (Equivalent Exposure Basis)

The Resona Group makes investments in equity investment

trusts, bond investment trusts, and various types of other

funds. In calculating risk-weighted assets for funds, the

Group conducts a look-through (examination of the individu-

al assets underlying these funds) and, in principle, uses the

total amount of underlying individual risk-weighted assets as

these funds. When the PD/LGD method is used to calculate

the risk-weighted assets of the underlying assets through

the conduct of a look-through, the credit rating is deter-

mined using a similar approach as applied to exposures to

corporate exposures.

� LGD (Loss Given Default) Ratings

The Resona Group adopts an LGD rating approach which

assigns a rating to an individual credit. Together with the

internal credit ratings, LGD ratings are used as criteria for

decision making in the assessment of individual credit while

being applied in the monitoring of overall profitability for each

customer account as well as in credit portfolio management.

Individual credits are assigned with a rating in accordance

with their estimated collectibility as measured in LGD*2. A

high rating indicates low LGD, representing high collectibility

at loan default, while a low rating indicates high LGD, repre-

senting low collectibility.

� Parameter Estimates

The Group banks estimate and verify the PD for each inter-

nal credit rating category in accordance with the stipulation

under the Notification on Capital Adequacy, based on their

combined past data. For retail exposures, PD is estimated

for each of the loan pools defined by each bank. Such esti-

mates are used in the calculation of their capital adequacy

ratios. These parameters are also used for decision making

concerning risk capital allocation and risk-adjusted asset

management by major business lines.

*1 The PD/LGD method is a method used for calculating risk-weighted assets by taking account of PD and LGD for each credit rating category.

*2 LGD is the percentage of the loss at the time of default to the amount of exposure.

[Portfolio Classification and Internal Credit Ratings]

Asset Classification Definition Applicable Systems and Rules

Enterprises Business with credit amount exceeding ¥100 million Internal Credit and LGD Ratings

Corporate Self-employed Individuals Self-employed individuals with credit amount exceeding ¥100 million Internal Credit and LGD Ratings

Specialised Lending

Project finance, object finance, commercial real estate lending, and highly volatile Internal Credit Ratings

Corporate commercial real estate lending

Exposures Central governments, central banks, government affiliated institutions, local public

Sovereign organizations, certain public corporations, credit guarantee corporations, Internal Credit and LGD Ratings

international institutions, and others (Japan, overseas)

Financial Institution Banks and securities companies (Japan, overseas) Internal Credit and LGD Ratings

Residential Mortgage Loans for individuals to acquire residential real estate

Retail Qualifying Revolving Loans Unsecured card loans for individuals with a credit ceiling of less than ¥10 million Rules for Retail

Exposures Retail exposures (excluding exposures to those who are self-employed) other Pool Management* Other Retail Exposures than loans to acquire residential real estate and qualifying revolving loans

Exposures other than the above having a credit amount less than ¥100 million

Equity Exposures Stocks held for relationship purposes Internal Credit Ratings

* Internal credit ratings are applied to those enterprises classified as “other retail exposures.”


Portfolio Management Framework to Monitor and Eliminate Concentration

Risks

Credit portfolio management, which involves management of

the overall portfolio of loans and bills discounted, is one of

the two pillars of credit risk management, with credit analysis

and management being another pillar.

Excessive concentrations of loans and bills discounted to

certain obligors resulted in substantial credit losses, and, in

light of the Group banks’ experience in receiving a capital

infusion with public funds, it has implemented a credit ceiling

system that prevents excessive concentration of risk. Under

this system, Group banks established an upper limit based

on their respective financial strength to prevent the total

credits they extend to a single obligor from exceeding the

ceiling. Adherence by subsidiary banks to their respective

ceilings is monitored on a regular basis.

By analyzing the composition of our credit portfolio by

such criteria as credit rating and industry classifications, we

regularly monitor changes in the amount of credit exposure

and credit costs as well as the state of risks and returns.

Quantifying and Establishing Limits for Credit Risk

The Resona Group calculates credit risk for its entire credit

portfolio using a model to quantify credit risk, and this is used

for internal control purposes. Specifically, using the credit

amount, status of coverage, the ratio of recoveries, the PD by

credit rating category, default correlations, and other data,

the average credit loss (EL: expected loss) as well as the

credit risk volume (UL: unexpected loss) are calculated, and

limits are set on the volume of credit risk. The Resona Group

controls quantified credit risk within this fixed limit.

Amount of credit exposure

Information on coverage, recovery rate, etc.

PD (by credit rating category)

Default correlation

Overall status of the portfolio as measured by:

Credit risk volume (UL)

Average credit loss (EL)

[Calculation of Credit Risk Volume]

Given the distribution of the credit exposure amount by obligor and default correlation, the distribution of frequency and the amount of losses are as shown here.

Amount of losses

Maximum loss based on a specified confidence interval

Average credit loss

Credit risk volumeFreq

uenc

y of

loss

es

[General Image of the Distribution of Losses]

Credit Analysis and Management Individual Credit Assessments

Credit analysis and management entail case-by-case credit

assessments, or the credit management of individual obli-

gors. In handling credit operations, to make highly accurate

and reliable credit assessments, Group bank branches

engage in comprehensive evaluations of such quantitative

information as financial statements and such qualitative

information as information about the business environment

and the quality of the management, along with assessments

of how the loan will be used, the adequacy of repayment

sources, lending conditions, and other matters.

In cases where credit exposure and the level of credit risk

involved exceed certain established levels, the Head Office

divisions responsible for credit analysis and management of

problem claims make decisions on the application. The

credit analysis divisions use an assessment system that

takes account of the potential obligor’s size, industry, and

the level of credit risk.

Obligor Management

After credit has been granted, the Group banks monitor the

use of loan proceeds and the fulfillment of lending conditions

as well as periodically assess business conditions and the

status of company plans.

Through the monitoring of the status of obligors’ credit

risk, the credit analysis divisions, on an as-required basis,

formulate appropriate policies and specific measures. Based

on these policies and measures, the credit analysis divisions

Use of Portfolio Analysis

To promote the sophistication of risk management with such

initiatives as credit portfolio analysis, it is necessary to calcu-

late the credit risk amount for individual obligors and indus-

tries. The Resona Group distributes the credit risk amount

measured for the entire credit portfolio to individual obligor

units, and, after compiling the risk by segment, uses these

data in portfolio analysis.


provide necessary guidance to branch offices while monitor-

ing their operations to assure that the guidance provided is

closely observed. In particular, the credit analysis divisions

monitor large obligors more strictly and frequently, compared

with other obligors, due to the significant impact they could

have on its management and performance. In addition, the

credit analysis divisions conduct discussions with and make

reports to the Credit Committees with regard to the status of

credit risk management and relevant policies for such obli-

gors.

Resona Group banks, in principle, manage problem loans

in accordance with the significance of their credit risk. In

more specific terms, such claims are separately managed

depending on their internal ratings and obligor classification

assigned to them. For obligors falling below a certain rating

and obligor classification, the division responsible for prob-

lem loan management works to accurately monitor and

manage their business status. After assessing their ability to

recover their business in an appropriate manner, the problem

loan management division makes a decision on business

revitalization or liquidation and claim collection. For obligors

whose business is deemed recoverable, the Group banks

provide as much support as possible for implementation of

restructuring plans. In addition, for those obligors behind in

their payments, the Group banks identify and analyze the

reasons for this delay in payment, provide timely consultation

and advice, and take other initiatives to prevent prolongation

of such delays. Especially in the case of SMEs, in view of the

roles of financial institutions in society, the Group banks pro-

vide support through detailed management consultation and

guidance as well as offer support for preparing management

improvement plans, thus taking aggressive initiatives in help-

ing them to revitalize their businesses.

Self-Assessments, Write-Offs, and Reserves Self-Assessments of Asset Quality

Self-assessments of asset quality involve assessing the indi-

vidual assets that Group banks hold and classifying them

according to the degree of risk in their recovery and impair-

ment with a view to fully understanding the condition of the

banks’ assets and increasing their financial soundness.

Self-assessments of asset quality are the means for credit

risk management as well as a preparatory step for compiling

objective and accurate financial statements which fully reflect

the write-offs and provisions of loan loss reserves necessitat-

ed by the results of such self-assessments.

Criteria for Write-Offs and Reserves

The Resona Group banks have established Criteria for Write-

Offs and Reserves, and, based on the results of their self-

assessments of asset quality, in principle, Group banks make

write-offs of exposure and provisions to loan loss reserves.

• For exposure to obligors classified as normal, Group banks

set aside provisions to loan loss reserves based on

expected losses calculated using the historical loan loss

rate for a specified period in the past. The amount of

expected losses over the coming one-year period is added

to the general reserve for possible loan losses.

• For exposure to watch obligors, Group banks set aside pro-

visions to loan loss reserves based on expected losses cal-

culated using the historical loan loss rate for a specified

period in the past. The amount of expected losses over the

coming one-year period (or over the coming three-year

period in the case of watch obligors requiring special

attention) is added to the general reserve for possible loan

losses.

• For exposure to doubtful obligors, Group banks subtract

the amount deemed recoverable based on the value of

collateral upon disposal and the value of guarantees, and

then, based on the expected loss ratio calculated from

actual defaults over a specified period in the past, the

Group banks estimate the amount of the expected loss

over the coming three years and add this expected loss to

the specific reserve for possible loan losses.

• For exposure to effectively bankrupt and bankrupt obli-

gors, Group banks subtract the amount deemed recover-

able based on the value of collateral upon disposal and the

value of guarantees and then either write off the unrecover-

able amount or add such amount to the specific reserve

for possible loan losses.

Rating Obligor Claims Write-offs/reserves category category

SA

A

B I

C Normal (unclassified)

D Reserves are provided based on the expected

E credit loss rate*.

F

G Watch

II

H Special Attention

I Doubtful III

J Effectively The uncovered portion is provided for with

Bankrupt IV reserves or write-offs*.

K Bankrupt

* For certain large obligors among Watch, Special Attention, and Doubtful borrowers, reserves are provided based on the discounted cash flow (DCF) method.


Securitization Transactions The Resona Group, as noted below in this section, makes

investments in securitized credit risk assets and engages in

a range of other securitization transactions, including securi-

tization* transactions of accounts receivable and notes

receivable as a financing method of our customers. Please

note that the method for calculating risk-weighted assets in

securitization exposure (including re-securitization exposure),

as regards accounting policy and quantitative information,

etc., is contained in the section “Status of Capital Adequacy/

Basel 2 Data Section.”

* The Notification on Capital Adequacy issued by the Financial Services Agency defines securitization transactions as follows. “Transactions in which the underlying assets are classified into two or more categories by the level of credit risk (from preferred to subordinated) and then sold, in part or in their entirety, to third parties. However, specialised lending claims are excluded from such transactions.” In addition, re-securitization transactions are specified to be “those securitization transactions in which a portion or all of the underlying assets are securitization exposure.”

Securitization Exposures Held

by the Holding Company Group as an Investor

The Group banks may hold for investment purposes invest-

ment products for which the underlying assets are housing

loans and commercial real estate. These may include instru-

ments that are classified as securitization exposure. To man-

age the risk of this exposure, criteria based on ratings issued

by qualified credit rating agencies (Eligible External Credit

Assessment Institutions (ECAI)) have been established for

acquiring such securitized products and investment instru-

ments. Position limits are established for the sake of con-

trolling and diversifying risk. Also, securitized products in

addition to general market risk (including interest rate risk,

exchange risk, and price fluctuation risk) may also have risks

that are particular to securitized products, including risk aris-

ing from changes in the credit standing of an issuer, the con-

dition of underlying assets, and differences in syndication

schemes. The risk management divisions gain an under-

standing of these “structural features” and monitor “the con-

dition of the underlying assets” and “information that requires

continued surveillance related to these structural features.”

The risk management divisions also confirm that credit

enhancements are sufficient and conduct stress tests taking

into account changes in credit ratings, changes in market

conditions, market liquidity conditions, and individual factors.

Please note that securitized products that are classified as

re-securitized exposure are managed in the same way as

securitization exposure.

Securitization Exposures Originated

by the Holding Company Group

The Group banks, to control credit risk and interest rate risk

of assets on the balance sheets, securitize housing loans

and non-performing loans. In those cases where the Group

holds a portion of such securitized claims, these claims may

be included among securitization exposure. When assets

held by the Group banks are securitized, various relevant

laws and regulations are confirmed and judgments are made

regarding the effects of risk transfer, the appropriateness of

transaction schemes, and other considerations.

Securitization Exposure as Sponsor

of Securitization Programs

The Group banks offer asset-backed commercial paper

(ABCP) programs and asset-based lending (ABL) programs

to enable its customers to raise funds through the securitiza-

tion of their accounts receivable and notes receivable.

Certain ABCP backup lines and ABL may be classified as

securitization exposure. When such transactions are con-

ducted, conditions regarding claims that can be securitized

and originator criteria have been established. In addition,

confirmations are made regarding the absence of related

risks, including the risk that claims may be contested by

third parties, risks of fraud—such as the non-existence of

the actual claims—the risks of dilution of claims as a result of

the return of goods, and the risk of claims being offset by

counterclaims. Since the Group banks make arrangements

for programs to liquefy assets to enable customers to raise

funds, they have an appropriate understanding of the “struc-

tural features” that give rise to risks particular to securitized

products. Also, Group banks have systems in place to gain

an understanding of the “condition of the underlying assets”

at all times.

Notes andaccounts receivable

Sales, etc., of goods

Transfer of claims

Payment for claims

Issue of ABCP

Backup line

Payment

Obligator Originator (customer) Special-purposecompany (SPC) Investors

Bank

[Example of ABCP Program Scheme]


Credit Risk Mitigation Techniques Credit risk mitigation is possible by taking measures to pro-

vide coverage for credit exposure, such as taking collateral,

guarantees, and other methods that supplement the obli-

gor’s credit standing and enhance the quality of credit expo-

sure.

Eligible collateral includes deposits held at Resona Group

banks, Japanese Government Bonds and other bonds or

stocks of listed companies and other marketable securities,

commercial bills, real estate, and other items. This pledged

collateral is retained under strict standards and properly

managed by regular appraisal of their values. Additionally,

guarantees of all types, agreements on bank transactions

that allow for a netting of unpledged deposits and loans obli-

gations, and cross-netting contracts for derivative transac-

tions and repurchase agreements are among the credit risk

mitigation techniques. The Resona Group considers profits

and cash flows generated by an obligor to be the primary

source for repayments and makes efforts not to depend too

much on collateral and guarantees for collecting and recov-

ering credits.

Derivative Transactions Policies Regarding Setting Credit Lines

and Risk Capital Allocation

Regarding counterparty risk in derivative transactions, the

Group banks add this risk to the credit risk relating to loans

and other transactions with the same counterparty to super-

vise and manage credit risk in a comprehensive manner.

Group banks make proper credit judgments and establish

credit lines based on the Group Credit Policy, which estab-

lished the principles, rules, and guidelines for actions related

to credit risk management. Unlike risk arising from loans and

other credit-providing activities, the credit risk amount arising

from derivative transactions fluctuates according to market

trends. For this reason, the credit risk amount after transac-

tions have been conducted is monitored periodically accord-

ing to a method that takes account of the fair value and

future risks (the “current exposure” method). In transactions

with financial institutions, Group banks set credit lines based

on the credit rating of such financial institutions, prevailing

financial conditions, and other considerations. In addition,

the risk capital for derivative transactions is included in the

risk capital allocated to credit and market risks.

Policies Regarding Collateral

and Calculation of Reserves

In addition to the management of loans and other forms of

credit, Resona Group banks adhere to the strict control of

credit lines and the status of collateral pledged. Furthermore,

Resona Group banks calculate amounts of loan loss

reserves based on their criteria for self-assessments of asset

quality, write-offs, and provisions of loan loss reserves.

Impact of Additional Collateral Required

due to Deterioration of Own Credit Standing

In its market-related business activities such as derivative

transactions with collateral agreements, the Resona Group

works to manage counterparty risk through such frame-

works as establishing credit lines for individual counter-

parties. In the event that the Resona Group is forced to

additionally pledge qualified financial assets as collateral due

to a deterioration in its credit standing, or that transaction

volumes exceed, or are expected to exceed, the credit lines

established due to market and transaction conditions, it will

review and adjust transactions with applicable counter-

parties or review and revise, if deemed necessary, policies

relating to transactions of applicable financial products.


MARKET RISK MANAGEMENTBasic Approach to Market Risk Management

Market risk is the risk of losses that may occur when the

value of assets and liabilities (including off-balance sheet

assets and liabilities) changes because of fluctuations in

market risk factors, including interest rates, foreign currency

exchange rates, and stock prices.

The Resona Group works to maximize the profit it gener-

ates from market transactions while restraining the inherent

losses that may arise from market transactions within a

specified limit. The objective of this approach is to simultane-

ously enhance the efficiency of its capital and ensure the

soundness of management of the Resona Group through

the appropriate and strict management of market risk.

Market Risk Management Methods

All Group banks estimate the fair value of market transac-

tions and establish limits on risk capital, loss limits, and sen-

sitivity*1 by types of instruments.

In principle, the status of observance of various limits is

monitored on a daily basis and, in some cases, on a monthly

basis, to ensure that limits are maintained and assess profits

and losses. The potential loss amount based on certain

stress scenarios is calculated on a regular basis.

Resona Holdings supervises risk in the Group as a whole,

and, as necessary, provides guidance and advice to the

Group banks.

*1 The amount of fluctuation in the fair value of a market transaction cor-responding to a change in market price indices. An example of this is basis point value (BPV), which reflects a change in fair value based on a 0.01% change in the interest rate.

[Group VaR Performance]

The VaR for Resona Bank, Saitama Resona Bank, and The Kinki Osaka Bank in the period from April 1, 2012 to March 31, 2013 was as follows.

(Billions of yen)

Trading transactions

Banking transactions

Period end

2.61

45.7

Maximum

5.19

55.5

Minimum

1.84

31.3

Average

2.96

45.4* Excludes equity investments held for relationship purposes.

Confidence interval

Holding period

Observation period

Risk measurement method


99%

10 business days

One year

Historical Simulation Method


99%

20 business days

Five years


Resona Bank

(Billions of yen)



Period end

0.10

9.0

Maximum

0.14

9.6

Minimum

0.02

8.0

Average

0.06


Confidence interval

Holding period

Observation period



99%

10 business days

One year



99%

20 business days

Five years


Saitama Resona Bank

(Billions of yen)



Period end

0.00

7.1

Maximum

0.18

8.8

Minimum

0.00

6.7

Average

0.07


Confidence interval

Holding period

Observation period



99%

10 business days

One year



99%

125 business days

Five years


The Kinki Osaka Bank

Equity Exposures in the Banking Book For investments in funds in the banking book, which are held

for investment purposes or for relationship purposes, and for

investments in equities, which are held for relationship pur-

poses and other strategic objectives, the Resona Group

banks strictly select, only after prior analysis of each issuer,

such investments according to the rules and regulations set

internally. In addition, to restrain excessive risk taking, the

Group banks set position limits in advance on such invest-

ments, quantify the risk involved, and report such data to the

management on a regular basis.

Also, the middle office, which is independent of the front

office, supervises these investments by quantifying various

risks on a portfolio basis. The Group banks calculate the risk

of price fluctuations using the VaR method, employing a

holding period of 125 business days with a confidence inter-

val of 99%.

Furthermore, for non-marketable securities held by the

Resona Group banks, risks in association with holding such

securities are being measured in terms of credit risk, regard-

less of their type, such as available-for-sale securities and

stocks of subsidiaries and affiliated companies.


Interest Rate Risk in the Banking Book Risk Management Policies and Procedural Overview

With the aim of stabilizing and maximizing earnings, the

Resona Group banks strive to manage interest rate risk in

the banking book in an appropriate manner through close

observation of interest rate fluctuations and overall economic

conditions and optimal risk diversification. In principle, the

Resona Group banks engage in derivative transactions pri-

marily for the purpose of hedging risks. Detailed procedures

are the same as those followed in the risk management of

trading transactions: The Resona Group banks allocate risk

capital and establish loss limits to restrain excessive risk

taking, while the middle office, independent of the front

office, monitors interest rate and other risks, in principle, on

a daily basis. In addition, the middle office monitors the sta-

tus of risk limit observance and earnings. The results of such

monitoring are regularly reported to the management to

assure appropriate risk management.

In addition to ordinary risk measurement, the Resona

Group banks regularly conduct stress testing to quantify the

impact of sudden changes in market conditions. The

Resona Group performs monitoring in conjunction with the

quantified amounts while applying the results of such quanti-

fication in its comprehensive risk management.

Outline of Methods Used by Resona Group

to Measure Interest Rate Risk in the Banking Book

The methods used by the Resona Group to measure interest

rate risk in the banking book for internal control purposes

are outlined as follows:

• Holding period:

Resona Bank, Saitama Resona Bank: 20 business days

The Kinki Osaka Bank: 125 business days

• Confidence interval: 99%

• Observation period: 5 years

• Risk measurement methods: Historical Simulation Method

• Other major assumptions: Among liquid deposits without

maturity dates, for those that have been held in accounts

for long periods (core deposits), Group banks estimate

their balances with an internal model and calculate the

interest rate risk for a maximum period of 10 years and an

average period of five years. In addition, to calculate the

interest rate risk of possible prepayments of housing loans,

future cash flows are estimated based on analysis of actual

records of the time intervals from the time loans were

made to early repayments.

LIQUIDITY RISK MANAGEMENTBasic Approach to Liquidity Risk Management

Liquidity risk is the risk of losses that may occur when a

party has difficulty in securing the cash required for meeting

the cash flow requirements arising from the mismatching of

the maturities of fund uses and fund sources and/or to cover

an unexpected outflow of funds and, as a result, is forced to

raise funds at higher than normal rates, thus incurring losses

(cash management risk). Liquidity risk losses may also occur

when dislocations and other problems in the market make it

impossible for parties to conduct transactions, and, as a

result, they are obliged to engage in transactions at highly

unfavorable prices (market liquidity risk).

We have developed systems for management of liquidity

risk that require periodic and appropriate monitoring activi-

ties and reports to management. Resona Holdings, which is

responsible for overall management supervision, has estab-

lished a liquidity risk management unit, and has developed

overall Group systems for managing liquidity risk.

Assessment of Liquidity Risk

Resona Holdings and Group banks conduct assessments of

the level of liquidity risk and make decisions as to whether

conditions are normal or in need of attention. When condi-

tions are found to be in need of attention, such conditions

are further subdivided as follows: Phase 1 (Caution required),

Phase 2 (Concerned situation), and Phase 3 (Critical). After

the level of liquidity risk has been identified, systems have

been developed to take predetermined specific measures in

a timely and appropriate manner.

Also, in making such assessments regarding the level of

liquidity risk, we make comprehensive evaluations, analyzing

the situation by looking at both Groupwide external factors

(the price of Resona Holdings stock, the Company’s credit

rating, reputational factors, the economic climate, and mon-

etary policies) and internal factors (deposits and market bor-

rowings that indicate the stability of funds operation at

Group banks).


Group banks make daily reports to Resona Holdings on the

status of principal liquidity risk indices.

Response System for Liquidity Emergencies

To deal with liquidity emergencies, Resona Holdings con-

venes a meeting of the Group Liquidity Risk Management

Committee. Each of the Resona Group banks deals with

liquidity emergencies in a similar way by convening meetings

of liquidity risk management committees. Moreover, in the

event that the emergency is a serious crisis or is likely to

become one, a Crisis Response Headquarters—headed by

the president—is formed to organize the response.

Liquidity Risk Indicators

All Group banks establish essential liquidity risk indices

based on their size and special characteristics as well as

their liquidity condition, and use these to monitor liquidity. In

addition, prior discussions are held with Resona Holdings as

necessary to establish and manage guidelines for liquidity

risk indices. Based on the understanding that it is particularly

important to hold an ample volume of liquid assets to main-

tain stable funds operation, each of the Group banks has

established guidelines for minimum levels of amounts of liq-

uid assets they will hold, based on their size and nature of

their operations. These guidelines are followed strictly on a

daily basis to implement smooth funds operation. Moreover,

OPERATIONAL RISK MANAGEMENTBasic Approach to Operational Risk Management

Operational risk is the risk of losses that may occur when

internal processes, personnel, and/or systems function

improperly or fail to function and when external factors result

in such losses. Operational risks encompass a wide range,

including processing, systems, legal, and compliance risks,

and such risks may arise in all business processes, prod-

ucts, and services.

In dealing with operational risks, the Resona Group works

to manage and reduce risks by identifying and evaluating

potential and inherent risks and discussing measures to

prevent incidents that will have a major impact on business

or result in losses or inconvenience for our customers. We

also promote the full preparedness of our management sys-

tems by including outsourced operations within the scope of

our operational risk management activities. In addition, to

grasp the degree of the impact that potential operational

risks might have on their businesses, we will quantify opera-

tional risks and use this information as a part of comprehen-

sive risk management.

[Classification of Operational Risk]

Fraud

Processing errors

Legal and compliance risks


Systems risk

Disasters

External crime

Defects of facilities and equipment

Human resources management

• Embezzlement of customer deposits • Misappropriation of the bank’s assets • Intentional unauthorized trading, fabrication

• Loss due to processing error• Loss or accidental disposal of important items• Loss due to failure to meet due date

• Loss due to violation of duty to explain• Misuse of a stronger bargaining position

• Loss due to misfeasance• Failure to perform fiduciary duties• Violation of management guidelines

• Systems failure• Infection with computer viruses

• Cessation of business activities due to disaster or power outage

• Compensation for damage due to counterfeit or stolen cards• Damage due to robbery, theft

• Damage to equipment due to natural disasters and terrorism• Loss compensation caused by defective equipment

• Litigation over unpaid allowance for overtime work• Compensation for work-related accident cases• Settlement package for sexual harassment lawsuit, etc.

Specific Examples(Possible internal and external examples)Risk Categories Adopted by Resona Group

Other operational

risk

Processing risk


Operational Risk Management Structure

Resona Holdings provides guidance and advice to all

Resona Group banks on their risk management structure

through prior consultations over their risk management poli-

cies, rules and regulations, and important measures for

operational risk management. It also monitors conditions of

operational risk with each Group bank and reports to the

management.

Furthermore, Resona Holdings and each Group bank

maintain a structure in which the Board of Directors,

Executive Committee, divisions responsible for comprehen-

sive risk management, divisions responsible for managing

each category of risk, and internal auditing departments play

their clearly defined roles and ensure collaboration as well as

mutual checking.

Collection and Use of Loss Data

The Resona Group uses unified Group standards to collect

loss data related to operational risks. Based on these data,

Group banks and Resona Holdings analyze operational risks

that have become evident. In addition, to grasp the degree

of the impact that potential operational risks might have on

their businesses, they use loss data to quantify operational

risks and use this information as a part of comprehensive

risk management.

Responding to Emerging Risks

If an incident happens at a Group bank that may give rise to

significant operational risks, a system is in place that requires

making an initial report to management teams at the respec-

tive bank and Resona Holdings as well as any other relevant

parties. This system works to promote information sharing

regarding potential cases of operational risk by ensuring

rapid reporting to management teams as well as relevant

parties.

In the event that a risk materializes and has a substantial

impact on the business, under this system, we can endeavor

to make a rapid and appropriate initial response to prevent

further impact.

Operational Risk Control Self-Assessments

We conduct operational risk assessments (Operational

Risk—Control Self-Assessment [OpR-CSA]) and evaluate

the status of risks inherent in all operations (frequency of

potential risks materializing and their impacts) as well as the

status of risk management (design of systems and their

operating condition) to handle inherent risks.

Based on operational risk assessments, we work to make

improvements in the status of controls based on a manage-

ment enhancement plan to prevent major incidents and, by

establishing and monitoring a risk index, to identify the sta-

tus of risk at an early stage.

Processing Risk Processing risk is the risk of losses that may occur when

management and/or staff fail to perform processing work

accurately and when an accident or fraud occurs.

Accurate and fast processing is necessary for banks to

earn customer trust. To accurately and quickly handle the

high-volume, extremely time-sensitive transaction processing

that arises in the wide spectrum of banking operations, we

must have measures in place to control and minimize pro-

cessing risks. To this end, we are continuing to take initia-

tives to understand processing errors and other risks that

have emerged and conduct monitoring activities.

To prevent processing errors, the Group banks have pro-

cessing procedures in place and conduct employee educa-

tion and training. Furthermore, the Group is promoting

systematization to reduce processing errors and carries out

ongoing reviews of its work procedures and processing to

make them simpler and concentrate handling in specific

centers.

Clerical work processing that occurs at branch offices is

verified to ensure that internal control functions are working

to prevent process ing er rors and misconduct .

Representatives from the Head Office’s administration

departments visit branch offices to provide advice.

For risks that have occurred, we collect data on clerical

errors and operational mistakes, and conditions for occur-

rence and degree of impact are scrutinized and assessed.

After understanding all factors through a multifaceted analy-

sis, operational processes are reviewed and training to pre-

vent recurrence is thoroughly implemented.

On the other hand, in the case of inherent risks, we identi-

fy and assess such risks based on the status of control defi-

ciencies that have been discovered, the actual situations in

practice based on on-site inspections, and other informa-

tion, and then develop corrective measures based on the

level of importance.


Systems Risk Systems risk is the risk of losses that may occur when com-

puter systems are down or perform improperly as a result of

defects. Systems risk may also arise and result in losses

when computers are used improperly.

Our basic approach to the management of systems risk is

to examine risks that have occurred because of systems fail-

ure and make assessments, etc., of risks inherent in each

type of system.

The Group banks have established systems risk manage-

ment guidelines as the basis of their systems risk

management. Under these management systems, Group

banks work to improve information security by taking quick

and appropriate action to deal with systems failure, by rais-

ing the quality of information systems to prevent failures,

establishing mea sures to prevent the spread of risk when

failures occur, and prevent the loss or leakage of customer

information. Further, we have a contingency plan in place to

handle such emergencies as systems failures or disasters.

Legal and Compliance Risks Legal and compliance risks are the risk of losses that may

occur when legal regulations and contracts are violated and

when fraudulent contracts are concluded. Such risk may

also arise when improper conduct occurs, such as violation

of the duty to give proper explanations to clients and

improper use of a superior or advantageous position.

To manage legal and compliance risks, we identify,

assess, and gain an understanding of inherent risks as well

as the risks that have already occurred, take appropriate

measures to prevent such risks before they occur and pre-

vent recurrences, and work to monitor and reduce such

risks.

Each of the Group banks conducts systematic training on

inherent risk for management and employees to raise their

awareness of compliance issues. Along with heightening the

awareness of legal and compliance risks, we also have the

Legal and Compliance Risk Management divisions and oth-

ers conduct compliance checks and provide guidance and

advice with the objective of preventing the occurrence and

recurrence of such risks. Also, under the Group banks’ com-

pliance and other programs, verifications are made of the

status of controls, and measures are taken to reduce risk

through initiatives, such as reflecting compliance in business

processes and conduct of compliance programs.

Regarding legal and compliance risks that have occurred,

we identify and assess the impact of the occurrence of such

risks and, after analysis of the related facts, take appropriate

measures to prevent a recurrence. In addition, the Legal and

Compliance Risk Management divisions compile and man-

age information related to lawsuits to provide for systems for

gaining an accurate grasp of risks involved in such lawsuits

and other litigation.

Efforts to Prevent Financial Crime

In recent years, incidence of financial crime has been on the

rise. The Resona Group has taken action to strengthen

identity verification to prevent disbursements with stolen

passbooks, money laundering, and the establishment of

accounts for improper uses. We strive to protect the pre-

cious assets of our customers, and as countermeasures to

forged and stolen bank cards, we have implemented a ser-

vice where individuals can set limits on the amount of money

that can be withdrawn from ATMs, a card lock service, and

an IC card with a biometric verification function.

To deal with crimes involving deceptive requests for bank

transfers, we have provided toll-free numbers in each of the

Group banks for making related inquiries. We are also

accepting requests for return of such funds (when they

remain in the accounts of the perpetrators of these crimes),

in accord with the Law for Relief to Persons Victimized by

Deceptive Transfer Requests.

In addition, when customers begin transactions, we are

beginning to request and receive pledges with clauses

(anti-social group clauses) that they are not currently linked

to and will not have future connections with anti-social

groups. If this pledge is broken and this corresponds to

anti-social forces, the Group banks have introduced a

pledge with a clause (known as the “exclusion of anti-social

forces clause”) that provides the legal basis for taking stron-

ger steps to suspend transactions with such forces.


Trust Asset Management Risk Trust asset management risk is the risk of losses that may

occur when a trustee, in the course of managing trust

assets, fails to fulfill his/her fiduciary responsibilities and does

not exercise the due care that is the responsibility of a pru-

dent manager, thus resulting in loss of trust assets and the

need to compensate clients for such losses.

In managing and administering trust funds, we are

required to fulfill our fiduciary responsibilities and provide

valuable advice to customers. Resona Bank’s principal busi-

nesses are managing and administering important customer

assets, including their pension funds, and we recognize that

the fulfillment of fiduciary responsibility is an especially

important role. Risks inherent in the management of trust

assets, which are borne by trust managers, are in one or

more of the categories of processing, systems, and legal

and compliance risk. To fulfill their responsibilities, trust man-

agers must fulfill their fiduciary duties and have an aware-

ness of the risks of trust asset management. They are

required to identify, assess, understand, manage, and work

to reduce such risks from the perspectives of an

understanding of risks that have occurred and inherent risks

that may occur.

To manage trust asset management risk, the units in

charge of such risk monitor periodically and manage the sta-

tus of compliance with management guidelines and the

appropriateness of asset management activities. For risks

that have occurred, depending on the causes, we take steps

needed to prevent recurrences by calling attention to these

matters in the relevant business units, reviewing business

processes, conducting thorough training programs, and tak-

ing other measures. For inherent risks, we implement

reviews of the items being monitored and the frequency of

monitoring with the objective of controlling and reducing risk.

In addition, in the management and supervision of trust

asset management activities, we are examined by an exter-

nal auditing organization according to U.S. Statement on

Standards for Attestation Engagements No. 16 (SSAE 16),

and our trust asset management operations have been

found to be in compliance with that auditing standard.

REPUTATIONAL RISK MANAGEMENTReputational risk is the risk of losses that may occur when

reports in the media, rumors, false information, and unfound-

ed reports have a detrimental effect on a company’s reputa-

tion.

Reputational risk is linked to all other types of risk, and in

the event that reputational issues arise, there is a possibility

that they could cause more unfavorable consequences than

might be expected, including loss of trust, a fall in share pric-

es, fewer transactions, and damage to the brand.

In the Resona Group, we position reputational risk as an

important area for management attention and take preven-

tive measures against the emergence of reputational risk by

maintaining and enhancing trust through the timely and

appropriate disclosure of information.

Specifically, we strive to identify emerging reputational risk

at an early date by checking for rumors on the Internet,

speculative articles in the mass media, and other information

carried in various media. In addition, to prevent the appear-

ance of reputational risk as a result of the use of social

media, we have prepared our Social Media Policy.

When reputational risk materializes, we protect the inter-

ests of our stakeholders (shareholders, customers, and

employees) with a quick and appropriate response to pre-

vent further impact. If there is a possibility that Group opera-

tions will be affected, and when the degree of crisis is high,

matters will be handled promptly by the Crisis Management

System.

Responses to external inquiries are centralized at Resona

Holdings, rather than at individual Group companies, so as

to preserve the consistency of the Group’s information dis-

closure to the media.


CAPITAL MANAGEMENT SYSTEMS

Resona Group’s Response to Capital Adequacy RegulationsCapital adequacy regulations are a framework aimed at

securing the soundness of financial institutions through

enhancement of capital. This framework has three compo-

nents: namely, minimum capital requirements, self-assess-

ment and supervisory reviews, and market discipline

enhanced through information disclosure.

To secure sufficient capital for the Resona Group, in line

with the framework, Resona Holdings has established a

“Basic Policy for Group Capital Management,” while all

Resona Group banks have established their own basic

policies for capital management. These policies set forth

(1) taking actions for maintaining a sufficient level of capital,

(2) taking actions for the proper capital assessment, and

(3) taking initiatives for the accurate calculation of the capital

adequacy ratio (Note 1). The Group is also moving forward

with initiatives to enhance the level of risk management.

Taking account of the worldwide financial crisis after 2007,

the Basel 3 framework, which calls for enhancing both the

quality and quantity of capital, is scheduled to be implement-

ed and applied to the banks that adopt domestic standards

from March 2014 onward. The Resona Group continues to

apply domestic standards with regard to the capital adequa-

cy regulation for the time being, as it takes priority in secur-

ing the business model as a new financial services company

concentrating in Japan. However, in order to secure a sound

capital surplus, the Resona Group shall engage in equity

capital management with an awareness of the international

uniform standards.

Resona Group’s Capital ManagementThe Resona Group will work to “secure sufficient capital

both in terms of quality and quantity” as it “provides smooth

financing to its domestic customers,” which is the most-

important mission that it must fulfill as a financial institution.

In addition, in May 2013, the Resona Group formulated

the “Public Funds Full Repayment Plan”, which calls both for

full repayment and for increasing ordinary shareholders’

value. As conditions precedent to the Plan, as well as for

purposes of ensuring sufficient equity capital under domestic

standards based on Basel 3, the Resona Group shall have a

target for equity capital management for the time being to

secure the level of around 5.5% or higher common equity

Tier 1 ratio and around 7.0% or higher Tier 1 ratio under

international uniform standards.

Looking ahead, the Resona Group will continue to man-

age its capital in an appropriate manner as described below.

16

14

4Mar. 31, 2012 Mar. 31, 2013

12

8

10

6

10.74%10.20%

7.51%

9.32%

Tier 1 capital ratioCapital adequacy ratio(%)

Mar. 31, 2010 Mar. 31, 2011

14.67%13.81%

11.21%

13.19%

Trends in the Consolidated Capital Adequacy Ratio of Resona Holdings, Inc.

Providing smoothfinancing to

its customers

Securing sufficient capital both in terms of quality

and quantity

Increase value for holders of common shares

Full repayment ofpublic funds

Resona’scapital

management

Method for Calculating the Capital Adequacy Ratio

Note: The amount equivalent to market risk is not included since all Group banks apply the special measure for exempting inclusion.

Notes: 1. The Resona Group’s method for calculating its capital adequacy ratio is outlined above. The capital adequacy ratio of Resona Holdings and Resona Group banks, as of March 31, 2013, was calculated according to the domestic standard of the Notification on the Consolidated Capital Adequacy Under Basel 2.

Notes: 2. Under the Standardized Approach, the amount equivalent to operational risk is calculated based on “gross profit” for the previous three years. The “gross profit” is defined under the Notification on the Consolidated Capital Adequacy and differs from the “gross operating profit” that appears on the Resona Group’s financial statements.

Resona Holdings, Inc.

Resona Bank, Ltd.

Saitama Resona Bank, Ltd.

The Kinki Osaka Bank, Ltd.

Amount of Credit Risk Assets

Operational Risk Equivalent Assets

The Standardized Approach (Note 2)

Foundation Internal Ratings-Based (F-IRB) Approach


Governance and Implementation of the PDCA Cycle in Capital ManagementResona Holdings and all Group banks believe that, to main-

tain sound and stable business operations, securing suffi-

cient capital to cover the risk taken is extremely important.

Accordingly, the Company manages the capital of the

Resona Group to maintain the appropriate level of its capital

adequacy ratio.

Specifically, departments in charge of capital adequacy

ratio management (Financial Accounting Division) and

departments in charge of comprehensive risk management

(Risk Management Division) each play their respective rolls

such as deciding the capital adequacy ratio plans and risk

limits, monitoring compliance with these plans, analyzing

and evaluating the actual results, and assessing the level of

capital adequacy.

These departments consider policies in response when

necessary, and, by conducting sufficient discussion with one

another, they supervise the status of the capital and make

accurate and t imely reports to the management.

Accordingly, as a result of these activities, the Group is able

to implement flexible measures to manage its capital.

Resona Holdings and Resona Group banks evaluate the

“level of capital adequacy” from two perspectives: 1) man-

agement of the capital adequacy ratio based on the capital

adequacy regulations and 2) comprehensive risk manage-

ment. In addition, to prepare for risks that may emerge

under unforeseen conditions, we conduct a range of stress

tests to measure the impact under various scenarios, and,

by taking account of the principal risks that are not taken

into account in the first perspective under capital rules (such

as credit concentration, interest rate risk in the banking

book, and other factors), we make comprehensive assess-

ments of capital adequacy.

Under this system for capital management, during the fis-

cal year ended March 31, 2013, Resona Holdings and

Resona Group banks continued to secure a level of capital

sufficient for sustaining the sound and stable operation of

their business activities.

Capital Management

[Capital Adequacy Assessment System of Resona Holdings, Inc.]

Capital adequacy ratio plan

Capital adequacy ratio management (Regulatory capital)

Comprehensive risk management (Economic capital)

Financial Accounting Division Risk Management Division

Board of Directors

Executive Committee

ALM Committee

(1) Deciding the plans

Monitoring

Risk limits plans

Monitoring

In the event capital is not adequate or a problem is discovered through monitoring: Consider and implement remedial actions, such as review risk limits, risk asset controls, and raising additional capital, etc.

> Assessment using a matrix of capital adequacy ratios and risk volume> Assessment using stress tests on both capital adequacy ratios and risk volume

Assessment of Capital Adequacy

Discussion/reporting



(2) Managing the process

(3) Managing the results

(4) Evaluating the adequacy

(5) Re-examine the results



Stress tests

Stress tests

Review

ing the o

riginal p

lans and p

rocess

manag

ement

Review

ing the o

riginal p

lans and p

rocess

manag

ement

Confirmation of risk volume in compliance with risk limitsCapital adequacy ratio results

Note: Group banks also established the capital management systems that are composed of a department in charge of capital management and a depart-ment in charge of comprehensive risk management.

Laporan TahunanAnnual Report

2013

PT Bank Resona Perdania

Menara Mulia, Lantai 5 & 6, Suites 501 & 601

Jl. Jend. Gatot Subroto Kav. 9-11, Karet Semanggi,


T: +62 21 570 1958

F: +62 21 570 1936

www.perdania.co.id

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