Trust Maintained, Bank Sumsel Babel Maintains idA+ Rating from PEFINDO | Bank Sumsel Babel
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04 November 2025 News

Trust Maintained, Bank Sumsel Babel Maintains idA+ Rating from PEFINDO

Trust Maintained, Bank Sumsel Babel Maintains idA+ Rating from PEFINDO Featured News
Public Relations Admin Published on 04 November 2025

Trust Maintained, Bank Sumsel Babel Maintains "idA+" Rating from PEFINDO

PALEMBANG, October 7, 2025 — Bank Sumsel Babel has once again demonstrated consistent performance and public trust by successfully maintaining its *idA+ (Single A Plus) rating with a stable outlook* from PT Pemeringkat Efek Indonesia (PEFINDO) for the period October 6, 2025, to October 1, 2026. This rating reflects Bank Sumsel Babel's strong ability to meet long-term financial commitments and maintain financial health amidst the dynamics of the national economy.

The rating was determined based on a comprehensive evaluation of the company's data and information, including the unaudited financial statements as of June 30, 2025, and the audited financial statements as of December 31, 2024. In the rating, PEFINDO affirmed Bank Sumsel Babel's strong fundamentals, a manageable risk profile, and solid management quality. The plus sign "+" indicates Bank Sumsel Babel's above-average position in the same rating category, confirming its resilience and capability in maintaining customer and stakeholder trust.

This rating demonstrates Bank Sumsel Babel's ability to maintain a balance between business growth and prudent principles, in line with the implementation of good corporate governance (GCG). This consistency also reflects the effectiveness of management strategies in maintaining healthy financial performance and strengthening liquidity and capital.

*PPS President Director of Bank Sumsel Babel, Festero Mohamad Papeko*, stated that this rating reflects the commitment of all levels to maintaining the company's stability and credibility.

"This rating recognizes Bank Sumsel Babel's solid performance and the public trust we continue to maintain. We will continue to strengthen governance, increase efficiency, and expand Bank Sumsel Babel's role as a strategic partner for the regional government in driving economic development in South Sumatra and Bangka Belitung," he said.

With these achievements, Bank Sumsel Babel confirms its position as a regional development bank with solid financial performance and trusted governance. Going forward, Bank Sumsel Babel is committed to continuing to innovate and making a real contribution to regional economic growth and the well-being of the people of South Sumatra and Bangka Belitung.