General Meeting of Shareholders (RUPS) of BPR Lestari in 2022, Add Paid-Up Capital of IDR 100 Billion

General Meeting of Shareholders (RUPS) of PT. BPR Lestari Bali was held on Saturday (22/1), located at BPR Lestari Super Branch Sanur. On that meeting, described the performance of BPR Lestari that successfully recorded an asset position of IDR 7,3 Trillion, grew by IDR 905,3 Billion or 14,1 % from the same period in the previous year.

“2 years passed through the crisis and the condition is still difficult. Thanks to the hard work of the team and of course, the trust of the customers and community, we were very grateful that we were able to show positive trend and closed 2021 with an achievement of a new milestone , which is asset of of IDR 7 Trillion. Thank you for the costumers, community of Denpasar City and its surrounding, that entrust their business to BPR Lestari,” said Pribadi Budiono, Main Director of BPR Lestari Bali.

The growth of this asset was supported by the growth of the Third Party Fund that grow significantly, which is successfully grew by IDR 1,2 Trillion or 27,3% from the same period in the previous year. From the credit side, BPR Lestari also recorded a quite good growth which grew by IDR 416,6 Billion or 10,6%. This growth is quite good compared to the same period in the previous year.

“In this difficult situation, we keep making efforts to be able to help moving the economy, especially in Bali,” said Pribadi Budiono.

Through this RUPS, it was agreed to increase the Paid-Up Capital of the Company by IDR 100 Billion. Thus the paid-up capital of the company increased from IDR 350 Billion to IDR 450 Billion. The increase of this capital will be conducted in February. It was expected the Capital Adequacy Ratio (CAR) will increase into around 30%.

This is the highest capital adequacy ratio throughout the history of Lestari,” said Alex P Chandra, CEO & Founder of Lestari Capital (holding company of the Lestari Group) in the middle of RUPS.

Positive performance was also shown by all BPR under the auspices of the Lestari Group in Java. These 6 BPR which are BPR Lestari of East Java (Malang), BPR Lestari Banten (Tangerang), BPR Lestari of Middle Java (Solo), BPR Lestari of East Java (Bekasi), BPR Lestari Jakarta (West Jakarta), and the latest BPR Lestari Jogja (Yogyakarta). The total asset of these 6 BPR were reported to be at IDR 1,5 Trillion.

“The total asset managed by all BPR in Lestari Group reached IDR 8,8 Trillion on December 31^st, 2021. We passed the year 2021 with a positive performance, both in Bali and Java. Slowly, our vision to be present on the national stage, National Presence, is starting to show the result.  Our agenda in the future is accelerating the digital transformation in all BPR under the auspices of the Lestari Group, increasing capital and strengthening the principle of prudence in conducting banking operational (prudent banking),” said Alex.