The Regional House of Representatives (DPRD) of East Nusa Tenggara (NTT) Province has officially greenlit the plan for a capital injection worth IDR 30 billion from the NTT Provincial Government for PT Bank Pembangunan Daerah NTT (Bank NTT). This strategic decision is expected to strengthen the capital structure of the regional government-owned bank to expand its service coverage.

This full support was emphasized by Commission III of the NTT DPRD when submitting official recommendations to the Board of Directors of Bank NTT on Wednesday (22/7/2026). Through this fresh capital injection, Bank NTT is expected to immediately accelerate its business plan and optimize its tangible contribution to the economic development of the community in the NTT region.

The Chairman of Commission III of the NTT DPRD, Yohanes De Rosari, stated that this local government investment must be oriented toward concrete results. The legislature emphasized the importance of the effectiveness of the fund allocation in order to boost Regional Original Revenue (PAD) while simultaneously improving public welfare through a healthy and competitive banking sector.