PT Bank BPR Tulungagung (Perseroda) continues to strengthen the implementation of Governance, Risk, and Compliance (GRC) as the main foundation of its business. This strategic step was taken to ensure business sustainability amid intense competition in the banking industry today.
As a regionally-owned enterprise (BUMD), Bank Tulungagung plays a crucial role in supporting the local economy. The bank focuses on becoming a strategic partner for the local government in empowering the Micro, Small, and Medium Enterprises (MSME) sector through sound and safe financing.
President Director of Bank Tulungagung, Suhermin, SE, presented the strategy during the TOP GRC Awards 2026 judging session on Tuesday (14/07/2026). According to Suhermin, GRC implementation is not merely a formal regulatory obligation, but an integral part of the company's adaptive, long-term growth strategy.
In its operations, the bank complies with Financial Services Authority (OJK) regulations, such as POJK Number 9 of 2024 and SEOJK Number 8/SEOJK.03/2025. This compliance is translated into strict internal policies, including employee rules of conduct, teller service standardization, and the division of authority for survey and credit approval to maintain prudential principles.
To control risks, Bank Tulungagung implements the Three Lines Model scheme, the Digital Credit Analysis System (SIAK), and an early warning system. Management is also accelerating digital transformation through Tulungagung Pay services, internal administrative digitization, and instilling an excellent, friendly, and solution-oriented work culture.
These governance strengthening efforts had a positive impact on the company's financial report throughout 2025. The bank's assets were recorded to increase to IDR 261.09 billion, net profit jumped from IDR 6.40 billion to IDR 9.65 billion, and local revenue (PAD) contributions rose to reach IDR 5.31 billion.
