Bandung. Bank bjb reported Saturday that its Sustainability Bond Phase II had received positive responses, thereby enabling the company to expand its environmentally conscious financing portfolio.

This instrument provides investors with the opportunity to invest responsibly while still achieving competitive returns. It also lets investors to contribute to Indonesia's sustainable development.

The bond is part of bank bjb's Sustainable Bond Public Offering (PUB) with a total target fund of Rp 2 trillion.

In 2024, bank bjb issued the first phase totaling Rp 1 trillion, which saw great enthusiasm as it recorded an oversubscription rate of 4.66 times the initial target.

This year, bank bjb offered its Sustainability Bond Phase II. The investor demand for the bank bjb Sustainability Bond reaching Rp 932.4 billion.

The bookbuilding period ran from February 13 to March 2, with two series options: Series A with a 3-year tenor and an indicative coupon of 5.45%–6.05%, and Series B with a 5-year tenor and an indicative coupon of 5.70%–6.30%. This demonstrated the high level of investor confidence in bank bjb's performance and future business prospects.

In terms of credit quality, this bond received an idAA (Double A) rating from Pefindo, reflecting the company's strong ability to meet its long-term financial commitments.

The bank bjb Sustainability Bond framework has also received an "Environmentally Friendly/Sustainable" rating from the independent SDGs Hub, University of Indonesia.

bank bjb also partnered with five leading underwriters: Mandiri Sekuritas, Indo Premier Sekuritas, Mega Capital Sekuritas, BRI Danareksa Sekuritas, and Trimegah Sekuritas Indonesia. These bonds will subsequently be listed on the Indonesia Stock Exchange, allowing them to be widely traded on the secondary market.

The proceeds from the Sustainability Bond issuance will be used entirely to support new financing and refinancing of Environmentally Conscious Business Activities (KUBL) and Socially Conscious Business Activities (KUBS), in accordance with the Financial Services Authority or OJK's 2023 regulation on debt securities and sukuk based on sustainability.

bank bjb continues to expand its sustainable financing portfolio.

By December 2025, bank bjb's sustainable portfolio had reached Rp 14.3 trillion, distributed across various sectors, including environmentally conscious business activities, MSME financing, and social sectors that positively impact the community.

bank bjb also takes part in the Indonesian Carbon Exchange by purchasing SPE-GRK carbon units as part of its carbon emissions mitigation strategy. bank bjb is also one of the first banks to complete the climate risk stress test (CRST), a step towards integrating climate change risk into the company's risk management.

These initiatives affirm bank bjb's position as a financial institution that consistently integrates Environmental, Social, and Governance (ESG) principles into its business strategy. bank bjb is upbeat that it can drive business growth aligned with inclusive and sustainable national economic development.

bank bjb is licensed and supervised by the OJK and Bank Indonesia (BI). It is also guaranteed by the Deposit Insurance Corporation (LPS).

Add as a preferred source on Google +