Bank Jago’s Profit Soars, Fueled by Interest Income, User Growth

PT Bank Jago, an Indonesian digital lender, more than doubled profit in the first nine months of the year, driven by a surge in interest income amid growing app usage.

By Justina T Lee · Bloomberg Markets

PT Bank Jago, an Indonesian digital lender, more than doubled profit in the first nine months of the year, driven by a surge in interest income amid growing app usage.