GoTo-backed digital lender Bank Jago reports 71% profit growth in Q3

GoTo-backed digital lender Bank Jago reports 71% profit growth in Q3

Photo credit: Bank Jago

GoTo-backed PT Bank Jago Tbk recorded a 71% growth in net profit in Q3 2024, driven by a 74.6% increase in other operating income. However, there was a decrease in net interest income and sharia income (NII) and net interest margin (NIM), according to the company’s disclosure.

Edited by: Pramod Mathew