JAKARTA - PT Bank Permata Tbk (BNLI), widely known as PermataBank, aims to secure revenue increase through its fee-based income growth in 2024. As of 2023, PermataBank reported 16% contribution from fee-based income to its total revenue.

According to Meliza M. Rusli, President Director of PermataBank, the company targets fee-based income growth from all customer segments and both in offline, as well as online transactions.

"With the support from Bangkok Bank, we can now focus on providing trade finance, project finance, and transaction banking services, in which these products will contribute to fee-based income growth of PermataBank," Rusli explained during the Press Conference of PermataBank Public Expose today (7/3).

In 2024 and the next years to come, PermataBank aims to raise the portion of fee-based income in its revenue. Until December 2023, fee-based income has generated 16% of total revenue. "We, in the next years, aim to score over 20% contribution," added Rudy Basyir Ahmad, Director of Finance of BNLI.

PermataBank is now controlled by Bangkok Bank, a Thailand-based bank, with ownership portion of 98.7%. With this relationship, PermataBank has been able to offer cross-border transaction services for its users.

For the record, with over 95% ownership, PermataBank plans to continue to discuss and urge Bangkok Bank to manage its free float level, as public companies must reach its minimum free float rate requirement of 5% according to Indonesia Stock Exchange (IDX) regulation. (ZH)