Jakarta, May 28, 2025 - PT Bank Jasa Jakarta (Bank Jasa Jakarta) today unveiled its bold new identity as PT Bank Saqu Indonesia (Bank Saqu), solidifying a strategic transformation towards a future of digital banking. With Bank Jasa Jakarta and Bank Saqu united as one, the new identity signifies the delivery of a more all-rounded banking experience, combining automated savings Tabungmatic (round-up saver), QRIS for cashless payment, and access to dedicated Relationship Managers for more advanced financial goals. This holistic approach enables Bank Saqu to support customers at every stage of their financial journey, whether personal or business-related.
This transformation goes beyond name change and marks a comprehensive evolution in how Bank Saqu serves its customers, blending human interaction with advanced digital innovation, and comprehensively accommodating customers’ needs as they embrace the digital era.
President Director of Bank Saqu, Leo Koesmanto, stated, “With this new identity, Bank Saqu redefines the banking experience through easy transactions, stronger security, and innovative digital solutions. As part of Astra Financial and WeLab, we offer a modern banking experience that is simple, reliable, and growth-oriented—built on the foundation of strong relationships. This is a true reflection of our vision: transforming banking, and advancing Indonesia. Bank Saqu, Majukan Bangsaku.”
This transformation is also underpinned by the strength of its two major shareholders, Astra Financial – with its extensive local ecosystem and WeLab – renowned for its technological expertise. This synergy provides Bank Saqu with a competitive edge to consistently innovate and expand its impact on a wider customer base. Bank Saqu’s key to success lies in its deep understanding of the needs of its customers, both individuals and, solopreneurs and business owners. The Bank offers tailored, flexible financial solutions, supporting customers at every step of their financial journey.
Vice President Director of Astra & In-Charge of Astra Financial, Rudy Chen, explained, “Bank Saqu reflects Astra Financial’s aspiration to provide superior financial services, especially for the retail and MSME segments, and to contribute to improving the overall prosperity of the Indonesian people. This aspiration aligns with the need to enhance financial inclusion, as shown by the Financial Services Authority (OJK) survey, which indicates that the financial inclusion rate stands at 75.02%, highlighting the room to expand access to financial services.”
Rudy also sees Bank Indonesia’s projection on the growth of digital banking users as a major opportunity for Astra Financial to strengthen its commitment through Bank Saqu, by delivering optimal digital banking services, promoting financial inclusion, and supporting the nation’s prosperity.
President and Group Chief Operating Officer of WeLab, Ernest Leung, said, “We’re proud to be a driving force behind Bank Saqu’s transformation journey. WeLab brings leading AI and fraud management technology, intelligent data utilization, and global experience as a proven digital bank operator. The rebranding is a step in our innovation and growth journey, but the core values of delivering customer-centric experiences to foster a more inclusive and relevant digital banking future in Indonesia remains intact.”
Support for this transformation also comes from the Board of Commissioners of Bank Saqu. President Commissioner of Bank Saqu, Suparno Djasmin, stated, “The transformation of PT Bank Jasa Jakarta into PT Bank Saqu Indonesia reflects the company’s long-term vision in building a resilient and adaptive financial institution. The process has been guided by rigorous governance principles. We believe that this new identity isn’t only a response to industry changes, but also a tangible step towards building an innovative, inclusive and sustainable financial future for Indonesia.”
A Legacy of Trust, A Future of Innovation
For over 40 years, Bank Jasa Jakarta has built a reputation as a bank that prioritizes personalized services and has successfully earned high customer trust. As of December 2024, the bank recorded total assets of IDR13.11 trillion, an increase of 16.91% yoy. This achievement is evidence of the strength of the long-term relationships that have been established and reflects a solid and sustainable business foundation.
This track record serves as a strong foundation for the digital transformation undertaken by Bank Jasa Jakarta. “Bank Saqu’s digital banking service was launched at the end of 2023 as part of our transformation in serving individual customers. Since then, we’ve successfully reached 2.5 million customers with 40% of whom are solopreneurs, demonstrating our success in fostering financial inclusion,” said Leo. “The success if further validated by an impressive Net Promoter Score (NPS) approaching 80%, reflecting a high level of customer loyalty and willingness to recommend us. This rebranding signals the acceleration of our Relationship Banking services for businesses, fuelling rapid growth with products and features tailored to customer needs.”
Bank Saqu is building the future of finance, a future that extends beyond secure, modern digital banking to empowers a new generation of solopreneurs, individuals and business owners. By continuously strengthening its tech systems with advanced security and integration, Bank Saqu is set to deliver a seamless, integrated experience that fuels their financial journey.
In this transformation process, all agreements/contracts with customers, debtors, creditors, business partners, and goods and/or service providers (vendors) that have been signed and use the name PT Bank Jasa Jakarta remain valid. In addition, forms, checks, giros slip, passbooks, securities, deposit slips, debit slip submission receipts, debit slip return receipts, brochures, business cards, properties, and other documents that still contain the name and logo of PT Bank Jasa Jakarta remain valid and can be used.