JAKARTA – PT Bank Amar Indonesia Tbk (AMAR), a digital bank under Tolaram Group, recorded a year-on-year (yoy) net profit growth of 20.8%, reaching IDR 215 billion in 2024.

According to the 2024 Financial Report, AMAR’s revenue also surpassed IDR 1.2 trillion, a rise of about 24.3%, supported by an 8.6% growth in loan disbursements, amounting to IDR 2.6 trillion in 2024.

Quoting from David Wirawan, SVP Finance of AMAR, during the Amar Bank Digital Economy and Banking Outlook on Thursday (20/3), the loan disbursement composition through the fintech platform Tunaiku accounted for approximately 60% of the total credit portfolio in 2024.

However, in 2025, Amar Bank will enter the corporate and commercial segments. "Starting with suppliers, distributors, or their chains, we can serve them in 2025," he said.

In addition, David also revealed a target of double-digit growth in loan disbursement for 2025, still relying on Tunaiku as a key driver.

It is worth noting that as of 2024, 50-56% of Amar Bank's loan portfolio consisted of loans for MSMEs, primarily in the micro segment serving the trade sector. (ZH)