Bank Jatim, Bank Lampung forms holding company at Trade Mission to Lampung

Transactions at the East Java Trade and Investment Mission to Lampung reached nearly Rp 1.06 trillion. East Java Governor Khofifah Indar Parawansa stated that the achievement represents a significant increase compared to the 2023 event, which saw 35 transactions worth a combined Rp 285.52 billion.

"This achievement is the result of synergy and trust between regions in supporting domestic products. This is clear evidence that East Java remains committed to driving national economic growth and our optimism about realizing the strength of the domestic market," she stated officially on Aug. 8, 2025.

The Trade and Investment Mission was  held at Swiss-Belhotel Lampung on Aug. 8, 2025. It was attended by East Java Governor Khofifah, Lampung Governor Rahmat Mirzani Djausal, Acting Bank Jatim President Director Arif Suhirman, and Bank Lampung President Director Mahdi Yusuf.

Khofifah also expected that the signing of the agreement between regional development banks (BPDs) PT Bank Pembangunan Daerah Jawa Timur (Bank Jatim) and PT Bank Lampung will further the connection between the two provinces.

"This [collaboration] will certainly strengthen the performance of BPDs in the two provinces, support economic and financial sector growth, as well as serve as a gateway for cooperation between the provinces of East Java and Lampung. The collaboration is in line with regulations set by the Financial Services Authority (OJK)," she elaborated.

Acting Bank Jatim President Director Arif emphasized that the bank continues to support the East Java Provincial Government's programs, including participation in the Trade and Investment Mission, which had "Enhancing Connectivity Networks between East Java and Lampung Provinces" as its theme.

He explained that Bank Jatim remains committed to supporting East Java's micro, small, and medium enterprises (MSMEs) in increasing their competitiveness so they can penetrate national and international markets.

"We are having MSMEs fostered by Bank Jatim participate in this Trade Mission as part of efforts to expand their market share. We are confident that their products will attract visitors and have the potential to create new business opportunities for the entrepreneurs [involved]," Arif added.

The MSMEs in question are Gajah Mada Batik MSME, Majapahit Chocolate MSME, and CYS Fried Onion MSME. He stated that MSMEs ccould gain a strategic platform to introduce their products to potential markets in Lampung through the event. This allows Bank Jatim to provide various banking services to MSME customers as well as actively provide mentoring and support in developing their businesses.

"The superior products of the MSMEs fostered by Bank Jatim are expected to provide benefits according to the needs of Lampung Province's people," he explained.

The signing of the Conditional Share Subscription and Acquisition Agreement between Bank Jatim and Bank Lampung also took place. The signing was conducted by Arif with Bank Lampung President Director Mahdi, and witnessed by the governors of their respective provinces.

"The purpose of this agreement is to regulate the procedures for implementing capital participation and the formation of a bank business group (holding company) between the parties. Bank Lampung agrees to increase its paid-in capital, which will then be followed by capital participation from the BPD," Arif explained.

He divulged that the holding company was created to strengthen the structure, resilience, and competitiveness of both BPDs in the banking industry. The goal is for banks in a holding company with Bank Jatim could become more competitive regionally and advance the development and economy of their respective regions and Indonesia as a whole.

Mahdi stated that he is confident the BPD holding company will bring many positive changes to Bank Lampung, making it stronger and able to maximize the potential of existing synergies.

"We are confident that synergizing through a holding company with Bank Jatim can have a positive impact on Bank Lampung's business performance. One of the things we will prepare is human resources so that all work programs could be realized properly and optimally," he emphasized.