Danamon Reports Strong 21% Net Profit Growth in the First Nine Months of 2025

Jakarta, 30 October 2025 — PT Bank Danamon Indonesia Tbk (“Danamon”, IDX: BDMN), a member of MUFG, a global financial group, today announced its financial and operational results as of and for the nine-month period ended 30 September 2025 (9M2025). Danamon recorded a 21% growth in consolidated net profit for the current period compared to the same period in the previous year (year-on-year), reaching Rp2.8 trillion. This profitability increase was supported by a sustained decline in credit costs, along with healthy growth in lending and funding activities.

Daisuke Ejima, President Director of Danamon, stated, "In the first nine months of 2025, Danamon’s positive business performance was the result of its commitment to building a business oriented towards sustainable growth and profitability, good corporate governance and sufficient risk management, also by remaining constantly prudent. By implementing our Grow Together as One Financial Group strategy, Danamon strives to be the best financial solutions provider for customers, together with MUFG as our parent company, group members, and strategic partners. We thank our customers, partners, shareholders, regulators, the government, and all stakeholders, for their trust, loyalty, and support.”

In terms of intermediation, as of 30 September 2025, Danamon recorded total consolidated loans and trade finance¹ amounting to Rp196.2 trillion, increased by 5% year-on-year. The growth in total loans and trade finance was supported by a 9% increase in the Enterprise Banking and Financial Institution business segment, a 12% increase in the Consumer Banking business segment, and a 6% increase in the SME Banking business segment. On the funding side, consolidated third-party deposit funds reached Rp170.3 trillion, increased by 14% year-on-year. Of that amount, granular funding² grew by 4% year-on-year.

In terms of profitability, for the 9M2025 period, Danamon recorded a consolidated operating income of Rp14.4 trillion, growing 1% year-on-year. With stable operating expenses compared to the previous year, pre-provision operating profit (PPOP) grew 2% year-on-year to Rp6.4 trillion. Supported by a consistent 18% year-on-year decline in credit costs, Danamon recorded a consolidated net profit³ of Rp2.8 trillion, a 21% increase compared to the previous year. In terms of rentability, Danamon booked a net interest margin (NIM) of 6.9% for 9M2025.

These profitability and business growth achievements were accompanied by well-maintained asset quality. The loan-at-risk (LAR) ratio, which accounts for forbearance due to the COVID-19 pandemic,⁴ improved 250 basis points year-on-year to 9.0%. The NPL coverage ratio reached 274.9%, improved by 260 basis points year-on-year. The gross NPL ratio improved by 20 basis points year-on-year to 1.8%.

Danamon's positive performance was also supported by strong capitalization, with the consolidated capital adequacy ratio (CAR) increasing by 50 basis points year-on-year to 26.6%. Danamon also recorded a liquidity coverage ratio of 145.7% and a net stable funding ratio (NSFR) of 123.2%.

Positive Operational Performance

Danamon's positive performance is also evident in its operational achievements. Within the automotive ecosystem, the collaboration between Danamon and Adira Finance resulted in synergy financing amounting to Rp1.5 trillion, increased by 57% compared to the previous year. This was supported by various initiatives presented by Danamon and Adira Finance, including a series of customer gathering events and test drives in various regions, as well as a special interest rate program in celebration of Danamon’s 69th anniversary.

Danamon also recorded significant business growth in the Hajj and Umrah ecosystem. As of 30 September 2025, the Sharia Business Unit’s funding amount for Hajj and Umrah services increased by 109% year-on-year, accompanied by a 52% rise in the number of accounts, which were dominated by regular Hajj accounts. Danamon’s Sharia Business Unit presented various initiatives to strengthen the Hajj and Umrah ecosystem, including collaboration with the Hajj Financial Management Agency (BPKH) to hold the Hajj Safari program in order to introduce the Young Hajj program, as well as the bundled Hajj Savings program with life insurance products. Danamon also collaborated with the Central Leadership of Muhammadiyah (PP Muhammadiyah) through the Library and Information Council of the Central Leadership of Muhammadiyah (MPI PP Muhammadiyah) to become the exclusive banking partner in Muhammadiyah’s digital system through the Satu Data Muhammadiyah (SatuMU) platform, Muhammadiyah’s digital ecosystem which includes millions of members and a network of organizational structures from 35 Regional Leaderships to more than 14,000 Branch Leaderships throughout Indonesia.

D-Bank PRO, Danamon’s digital banking application for individual customers, recorded growth in customer engagement and transactions during the same period. As of 30 September 2025, the number of engaged users increased by 7% year-on-year, the number of transactions through the application increased by 35% year-on-year, and the transaction value increased by 30% year-on-year. Throughout the July–September 2025 period, D-Bank PRO introduced several feature enhancements, including cross-border QRIS that can be used in Singapore, Malaysia, Thailand, and Japan; as well as a multifinance biller feature.

Closer Synergy and Collaboration as One Financial Group

On 1 October 2025, PT Adira Dinamika Multi Finance Tbk (“Adira Finance”), a subsidiary of Danamon, officially received the merger with PT Mandala Multifinance Tbk (“Mandala Finance”), following prior approval from the shareholders of both companies and the Financial Services Authority (OJK). This business merger marks a historic milestone in strengthening Adira Finance's position as one of the largest financing companies in Indonesia, particularly to expand its reach in eastern Indonesia, while also completing a national coverage for all Adira Finance financial solutions, including two-wheeled and four-wheeled vehicle financing, fleet financing, and multipurpose financing. This integration further enhances the synergy of the MUFG Financial Conglomerate in Indonesia, with Danamon serving as the operational financial holding company and Adira Finance alongside PT Home Credit Indonesia as members.⁵

Danamon also collaborated with its partner banks, group members, and strategic partners through various events, such as collaboration with Bank of Ayudhya PCL (Krungsri) in the Japan-ASEAN Startup Business Matching Fair 2025 event in Bangkok, which brought together more than 70 startup companies from nine countries to explore various cross-border cooperation opportunities including in Indonesia, together with group members and MUFG partners. Danamon also collaborated as One Financial Group in sponsoring the Jak-Japan Matsuri 2025 event in Jakarta.

Awards and Recognition

With Danamon's commitment to delivering customer-centric financial solutions, the company proudly received several awards and recognitions between 1 June-30 September 2025, including:

• HR Asia Best Company to Work for in Asia-Indonesia, HR Asia Best Companies to Work for in Asia 2025
• HR Asia Most Caring Company Award (Special Category), HR Asia Best Companies to Work for in Asia 2025
• Best Report Award (BREW) 2025
• Diamond Trophy-The Best Conventional Bank in Service Excellence untuk 20 tahun berturut-turut, Infobank Banking Service Excellence Awards (BSEA) 2025
• Platinum Trophy-The Best Sharia Business Unit in Service Excellence untuk 10 tahun berturut-turut (Danamon Syariah), Infobank Banking Service Excellence Awards (BSEA) 2025
• Debit Card Initiative of the Year-Indonesia (Danamon Global Currency Card), Asian Banking & Finance Awards 2025
• Recognized as one of Fortune Indonesia 100 companies in 2025
• Winner, Most Improved Volume (Matching), LSEG Indonesia FX Awards 2025
• Second Runner-Up, Most Active FXall Bank (Taker), LSEG Indonesia FX Awards 2025
• Top GRC Award Four-Star, Top GRC Awards 2025
• The Most Committed GRC Leader 2025 (D. Ejima), Top GRC Awards 2025

Further information regarding Danamon's 9M2025 performance are available through the Investor & Analyst Briefing presentation on Danamon's official website. Danamon's consolidated financial statements will be available and can be accessed through Danamon's website and the Indonesia Stock Exchange website.

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Notes to Editors

¹Total loan and trade finance also includes marketable securities.
²Granular funding includes savings and current accounts, as well as regular rupiah time deposits from the Consumer Banking and SME Banking segments.
³Consolidated net profit is net profit after tax and minority interests.
⁴Loan-at-risk includes non-performing loans (NPL), special mention (SM) loans, and loans with collectability level 1 that have been restructured, including those receiving payment forbearance due to the COVID-19 pandemic.
⁵Approval from the Financial Services Authority (OJK) for the appointment of Danamon as the operational financial holding company of MUFG Financial Conglomerate in Indonesia was announced through a public disclosure on the Indonesia Stock Exchange on 9 July 2025, and via a press release on 10 July 2025.