Super Bank Indonesia (Superbank), a digital bank backed by Grab, Emtek, Singtel, and KakaoBank, reported a profit before tax (PBT) of IDR 80.9 billion (approximately US$4.9 million) for the third quarter of 2025.

This performance was bolstered by a 176% year-on-year increase in net interest income, reaching IDR 1.1 trillion.

The bank’s customer base grew to 5 million users since the launch of its digital banking app in June 2024.

Transaction activity saw a more than 40% rise in daily transactions compared to the previous quarter, driven by products like OVO Nabung by Superbank.

As of September 2025, total loan disbursement amounted to IDR 9.04 trillion, an 84% increase from the previous year.

Total assets reached IDR 16.5 trillion, a 70% year-on-year growth.

Third-party funds grew by 203% to IDR 9.8 trillion, reflecting increased public confidence in Superbank’s digital services.

The bank maintained a healthy loan-to-deposit ratio (LDR) of 92%, with a net interest margin (NIM) of 10.64%.

The cost-to-income ratio improved significantly to 70.14% from 149.65% in the same period last year.

Asset quality remained strong, with gross non-performing loans (NPL) at 2.83% and net NPL at 1.21%.

Tigor M. Siahaan, President Director of Superbank, stated,

“Our strong performance through the third quarter underscores the solid foundation of Superbank’s digital business. Supported by deep integration with Grab and OVO’s fast-growing ecosystems, we continue to prove that our digital-first approach delivers both sustainable growth and secure, accessible financial services for more than five million customers.”

Looking ahead, Superbank aims to continue introducing innovations and digital services that meet customers’ needs, fostering sustainable growth and broader financial inclusion.

Featured image credit: Superbank