Indonesian digital bank Superbank, backed by Southeast Asian tech giant Grab and South Korea’s KakaoBank, swung to a profit in 2025, driven by rapid loan growth and rising deposits as it expanded its digital ecosystem partnerships.

The bank reported a pre-tax profit of 143.3 billion rupiah for FY2025, reversing a 391.2 billion rupiah loss in 2024.

Net profit after tax reached 99.7 billion rupiah, compared with a 366.4 billion rupiah net loss a year earlier, reflecting the bank’s expanding lending and revenue base.

According to DealStreetAsia, Superbank’s earnings were underpinned by a sharp increase in net interest income, which rose 160% year-on-year to 1.58 trillion rupiah alongside a 50% jump in loans to 9.6 trillion rupiah, mainly in retail and MSME.

Deposits surged 139% to 11.8 trillion rupiah, while total assets grew 87% to 21.3 trillion rupiah, highlighting the bank’s growing digital footprint.

Superbank, which launched its digital banking app in June 2024, now serves over six million customers, with daily transactions averaging more than one million.

The bank’s IPO in December 2025 raised 2.8 trillion rupiah, boosting capital to 8.16 trillion rupiah and placing it in the KBMI 2 regulatory category, enabling greater lending capacity.

Operational efficiency improved sharply, with the cost-to-income ratio falling to 70.52% from 139.16% and net interest margin rising to 10.64%.

Asset quality remained stable, with gross non-performing loans at 2.6% and net NPL at 0.68%, supported by a loan-to-deposit ratio of 81.32%.

Superbank plans to sustain growth through technology innovation, ecosystem partnerships such as OVO Nabung and Kartu Untung, and prudent risk management, strengthening its position in Indonesia’s competitive digital banking market.

Featured image credit: Edited by Fintech News Indonesia, based on image by tamirt via Freepik