Jakarta. Bank Raya, also known by its ticker code AGRO, said Tuesday that they remained upbeat that the company would continue to book a positive performance in the future following a satisfactory record in the second quarter.

In a virtual public expose, the bank reported that it had recorded Rp 32.93 billion (or almost $2 million) in net profit over the same period, up by 64.5 percent year-on-year (yoy). This further boosted Bank Raya’s profitability ratios as the Q2-2025 net interest margin grew from 4.31 percent to 4.91 percent. Bank Raya also saw increases in the return on assets and equity when compared to data from the previous year.

Return on assets had risen from 0.32 percent to 0.50 percent. Data showed the company's return on equity rose from 1.25 percent to 2.04 percent in Q2-2025. 

Bank Raya’s loans totaled Rp 7.28 trillion, up by 7.4 percent yoy. This caused the company’s total assets to also increase to Rp 13.34 trillion. 

In the second quarter, Bank Raya had disbursed Rp 13.42 trillion in the second quarter marking a 64.8 percent yoy increase. 

This significantly boosted Bank Raya's outstanding digital loans, reaching Rp 2.62 trillion, a 79.2 percent yoy growth. Its loan-to-deposit ratio also remained stable at 86.74 percent in the second quarter. 

Other indicators are as follows: 92.67 percent macroprudential intermediation ratio; 313.41 percent liquidity coverage ratio; 154.08 percent net stable funding ratio -- above the minimum requirement of 100 percent. This is supported by strong capital, with a capital adequacy ratio (CAR) of 43.99 percent.

The Raya App has helped customers conduct digital banking transactions As of June 2025, the Raya App has over 1.05 million users. Transactions also rose 42.7 percent yoy, reaching 2.1 million million transactions, with digital savings growing by Rp 1.5 trillion or a 66.6 percent yoy rise.

These increases have further spurred low-cost funds, driving a positive CASA growth of 7.6% (yoy) to Rp2.5 trillion. This also further raised Bank Raya's CASA ratio from 26.77 percent (Q2-2024) to 29.72 percent (Q2-2025).

“This strong beginning reflects Bank Raya’s business strength and our ability to navigate the existing challenges. We are upbeat that we will record a sustainable business growth in the remainders of 2025,” Bank Raya’s president director Ida Bagus Ketut Subagia said.

Bagus also attributed the bank’s optimism in digital product innovations and strict financial prudnce in maintaining profitability. He said: “This way, we can create long-term added value for our shareholders.”

It was during this public expose that the company emphasized its goal to become the main digital bank that is vastly accessible by the Indonesian people.

Bank Raya plans on optimizing its synergy with the BRI Group as it explores the mass market, particularly in the micro and small segments, in a prudent manner. It aims to provide customer-centric products and services with a digital end-to-end approach.

The bank also intends to develop a work unit network using a hybrid network distribution approach, in synergy with the offline network of the BRI Group and other partners.

Other goals also include integrating business and technology, as well as strengthening governance, risk, and compliance.