Jakarta - PT Bank Maybank Indonesia Tbk. (Maybank Indonesia or the Bank) announced its consolidated financial results for the financial year ended 31 December 2025 (FY25). Profit Before Tax (PBT) was up 38.9% year-on-year (Y-o-Y) at Rp2.22 trillion. Profit After Tax and Minority Interest (PATAMI) rose 48.5% Y-o-Y to Rp1.66 trillion, supported by continued reduction in loan loss provisions and better cost management.

Net Interest Income (NII) rose 1.6% Y-o-Y supported by disciplined risk-based pricing and a shift towards more efficient funding. Net Interest Margin (NIM) was at 4.3% for FY25. Non-Interest Income (NOII) also increased 8.1% Y-o-Y, backed primarily by a turnaround in Global Markets income amounting to Rp441 billion, as well as recovery-related and wealth management income. Gross Operating Income (GOI) was at Rp9.55 trillion, up 3.1% Y-o-Y.

Overhead expenses were better managed, rising only by 2.4% compared to the prior year of 8.5%, backed by the Bank’s efforts to optimise operational costs. The Bank’s Operational Efficiency Ratio (BOPO) was at 86.3%.

Pre-Provisioning Operating Profit (PPOP) grew 4.8% Y-o-Y to Rp3.10 trillion. Loan loss provisions declined by 28.7% Y-o-Y, supported by prudent credit and asset management as well as lower impairment charges during the year.

These achievements mark the culmination of the Bank’s three-year M25+ transformation journey, which has strengthened its business fundamentals, enhanced capabilities and supported sustainable growth. Through five complementary business pillars working in synergy and contributing meaningfully to overall performance, the M25+ strategy has reinforced the Bank’s foundation and positioned it for continued resilience and long-term value creation.

4Q FY25 vs 4Q FY24

In 4Q FY25, the Bank booked a PBT of Rp922 billion, which rose 22.1% Y-o-Y, supported by higher NOII, up 3.0%, mainly from global markets and wealth management.

4Q FY25 vs 3Q FY25

On the Bank’s Q-o-Q performance, PBT increased 72.7%, supported by higher NII and NOII, which rose 2.7% and 23.8% respectively compared with the preceding quarter.

Loans and Deposits

Non-retail loans grew 5.2% Y-o-Y, supported by the Bank’s commercial loans (classified as Business Banking), which rose 11.6% Y-o-Y. Loans for small and medium enterprises (SME+) increased 6.6%, while retail SME (RSME) loans declined 1.3%. Retail loans also grew 5.2% Y-o-Y, backed by growth in auto loans of 8.6%, followed by a 5.4% increase in credit card & personal loans, while mortgage financing remained relatively flat at 0.2%.

Overall, the Bank’s retail and non-retail loans managed under the Community Financial Services (CFS) segment grew 5.2% Y-o-Y to Rp87.17 trillion.

In December 2025, the Bank’s total outstanding loans stood at Rp123.64 trillion, declining 3.1% Y-o-Y following portfolio rebalancing in Global Banking (GB) loans, which recorded a decline of 18.4% Y-o-Y. On a Q-o-Q basis, GB’s Large Local Corporates (GB-LLC) segment recorded growth of 13.1%. The Bank seeks to leverage the growth momentum in the GB-LLC segment going forward. Total assets stood at Rp193.72 trillion, slightly moderating by 1.8% Y-o-Y, in line with lower loan balances.

In line with OJK’s Sustainable Business Activity Classification (KKUB), the Bank’s sustainable financing stood at Rp21.23 trillion, supported by growth in Eco-friendly Transportation financing, which increased 131% Y-o-Y, and Renewable Energy financing, which rose 499% Y-o-Y in 2025.

Current Accounts and Savings Accounts (CASA) increased 6.3% Y-o-Y, driven by a 12.0% increase in Current Accounts, partly reflected in the number of financial transactions, which rose 11.7% to more than 5 million via the M2E corporate platform. Savings Accounts eased 3.3% Y-o-Y, while the number of retail transactions via the M2U platform increased 23.4% Y-o-Y to over 30 million. Time Deposits decreased 12.1% Y-o-Y, in line with the Bank’s continued focus on optimising efficient funding. CASA ratio improved to 57.6% as at December 2025 from 52.9% as at December 2024. Total customer deposits stood at Rp116.19 trillion, declining 2.4% Y-o-Y.

Asset quality improved with Non-Performing Loans (NPL) at 2.2% (gross) and 1.3% (net) for FY25 from 2.7% (gross) and 1.4% (net) for FY24. NPL balance declined by 19.5% for FY25.

Capital and Liquidity Strength

Capital position remained strong, with a Capital Adequacy Ratio (CAR) stood at 27.3% and Common Equity Tier 1 (CET1) capital ratio at 26.1%.

Liquidity remained healthy, with the Loan-to-Deposit Ratio (LDR) Bank-only at 90.3%. Liquidity Coverage Ratio (LCR) Bank-only stood at 175.8%, well above the 100% regulatory requirement, and Net Stable Funding Ratio (NSFR) Bank-only was at 112.4%.

Shariah Banking

Maybank Indonesia Shariah Banking recorded a 104.0% increase in PBT to Rp847 billion in FY25, supported by lower Profit sharing for investors, resulting in a 16.5% increase in Total income after revenue sharing distribution. Coupled with a 2.1% increase in other operating income, Gross Operating Income rose 13.9%, supported by lower provision.

Non-retail financing increased 8.1% Y-o-Y, supported by SME financing (SME+), up 27.7%, Retail SME (RSME) financing up 6.6%, and commercial financing (Business Banking) up 3.2%. Retail financing rose 13.5% Y-o-Y, driven mainly by mortgage financing growth of 16.5%. Total Shariah financing stood at Rp30.51 trillion contributing 28.1% to the Bank’s total financing portfolio (Bank-only) and Shariah total assets accounted for 24.7% of the Bank’s total assets (Bank-only).

Shariah CASA increased 5.5% Y-o-Y, supported by growth in Current Accounts of 13.8%, while Savings Accounts eased 1.8%. Time Deposits declined 29.9%, in line with the Bank’s continued efforts to optimise funding composition. As a result, the Shariah CASA ratio improved to 64.8% as at December 2025, from 55.0% a year earlier. Shariah customer deposits stood at Rp32.95 trillion, declining 10.4% Y-o-Y.

Asset quality remained sound, with Gross Non-Performing Financing (NPF) at 2.2% (gross) and 1.4% (net) as at December 2025. The Financing-to-Deposit Ratio (FDR) stood at 91.9%.

President Director of Maybank Indonesia, Steffano Ridwan, said that FY25 marked a year of strengthened profitability and improved fundamentals for the Bank, reflecting disciplined execution of its strategic priorities amid market uncertainty.

“In FY25, we focused on enhancing the quality and sustainability of our earnings through an improved income mix, prudent cost discipline, and an optimised funding structure, supported by continued vigilance in risk management. These efforts translated into stronger profitability, healthier asset quality, and a more resilient balance sheet.”

Moving forward, Steffano said Maybank Indonesia remains aligned with Maybank Group’s strategic direction, with a continued focus on customer-centricity, disciplined growth, and long-term value creation across its key markets.

President Commissioner Maybank Indonesia, Dato’ Sri Khairussaleh Ramli, said that the Bank’s performance in FY25 reflects strengthened fundamentals and disciplined execution, positioning Maybank Indonesia well for the next phase of growth.
 
“The Maybank Group recently announced its ROAR30 strategy, our most ambitious five-year plan in our history. It builds on the momentum we have created from M25+ to accelerate growth and strengthen our business and technology capabilities and ensure Maybank’s continued success for generations to come. We will be advancing this strategy via our purpose of Humanising Financial Services - premised on values-based offerings, which touches on three primary objectives of delivering exceptional experiences to customers, impacting society positively and powering the real economy. Guided by this direction, Maybank Indonesia will continue to benefit from the Group’s deep expertise, wide capabilities, and best practices, while remaining focused on disciplined growth and long-term value creation for all our stakeholders across our home markets.”

Awards

During FY25, Maybank Indonesia received 14 awards from various reputable institutions, reflecting its strong performance across multiple areas including Shariah, Digital Banking, Customer Experience, SME, Wealth Management, Sustainability, and Human Capital. Several of these awards represent regional recognition such as the Asian Banking & Finance Award, as well as global recognitions including Global Finance and Euromoney awards, underscoring the Bank’s competitiveness beyond the domestic market.

Subsidiaries

PT Maybank Indonesia Finance (Maybank Finance)
Maybank Finance’s total financing increased 6.7% Y-o-Y to Rp8.48 trillion. PBT rose 2.1% Y-o-Y to Rp593 billion. Asset quality remained sound, with NPL unchanged at 0.3% (gross) and 0.1% (net) as at December 2025 and December 2024 respectively.

PT Wahana Ottomitra Multiartha Tbk (WOM Finance)

WOM Finance’s total financing increased 8.8% Y-o-Y to Rp6.75 trillion. PBT declined 46.9% Y-o-Y to Rp175 billion owing to higher provisioning. WOM’s NPL stood at 2.2% (gross) and 1.0% (net) as at December 2025 compared with 2.0% (gross) and 0.9% (net) as at December 2024.

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Notes to Editor

Maybank Indonesia is one of the leading banks in Indonesia and is a part of the regional and international network of the Maybank Group. Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services and Global Banking and automotive financing through subsidiaries, WOM Finance for two-wheel vehicles and Maybank Finance for four-wheel vehicles. Maybank Indonesia also continues to develop Digital Banking services and capacity through M2U (App and Web), M2E for corporate customer and other various channels.

As of December 2025, Maybank Indonesia has 275 branches including 20 shariah branches and one Mumbai, India branch; 22 Mobile Branch and 661 ATMs (including 26 Cash Recycle Machines/CRMs) connected with over 20,000 ATMs available through ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS, and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. Maybank Indonesia manages customer deposits amounting to Rp116.19 trillion and has total assets value of Rp193.72 trillion as of December 2025.

 

 

For more information, please contact:

Bayu Irawan
Head, Corporate Communications
Email: ccommunications@maybank.co.id
Telp: +6221 2922-888