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Investor Presentaiton

IDR Tn 160 140 120 100 80 60 420 0 2016 Source: Financial Service Authority (OJK) 2017 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Signs of Recovery in Financial Intermediations LOAN Bank Loan Growth started to grow by 0.59% (YoY) in June 2021 after eight consecutive months of contraction. Bank Loans YoY Growth (rhs) IDR tn IDR Tn 6,000 5,000 4,000 3,000 2,000 1,000 0 5581.8 96% 500.0 12% 400.0 8% 300.0 4% 0.59% 200.0 0% -4% 100.0 -8% 0.0 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Bank credits began to grow, supported by consumer and MSME loans while financing was still in the contraction zone despite being already on an upward trend. Comprehensive and concerted efforts against the pandemic remain an overarching theme to maintain the recovery momentum... Financing growth was contracted by -11.06% (YoY) in June 2021 despite already experiencing an improving trend in the last 4 months. 53.88 35.66 28.41 -10 -30 2018 2019 2020 2021* Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jan-19 Feb-19 Financing Total of securities issuance reached IDR 117.95 Tn (YTD) as of 3 August 2021, indicating a more optimistic signal to economic recovery. 50 ΠΙΡΟ Rights Issue Corporate Bond & Sukuk Through 3 Aug 2021 30 Life insurance premium recorded an impressive growth by 18.4% (YoY) while General & Reinsurance premium growth was still contracting at -0.5% (YoY) as of June 2021. Life Insurance Premium Growth General & Reinsurance Premium Growth Jan-19 10 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 152 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 -0.5 18.4 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Growth (rhs) YOY 10% 5% 361.6 0% -5% -11.06% -10% -15% Feb-21 Mar-21 Apr-21 May-21 Jun-21 -20%
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