PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR) and its subsidiaries posted a consolidated net profit of Rp481 billion in the first quarter of 2021 or grew 15.2% year on year.

President Director of Bank BJB Yuddy Renaldi said that excellent performance in 2020 or during the pandemic had spurred the company to record better performance in 2021, a year of recovery for the economy. The existence of a vaccination program that continues to be encouraged by the government to build public confidence in consuming and business actors in carrying out their business activities.

"The consumer survey conducted by Bank Indonesia shows that consumers are more confident about economic conditions, based on the availability of jobs and better incomes, which are expected to boost demand for better credit," he said, Tuesday (27/4).

In terms of credit, deposits, and total assets, BJB Bank recorded growth surpassing the growth of the national banking in