IDX-listed sharia digital lender PT Bank Aladin Syariah is looking to turn profitable by 2024, buoyed by its partnership with Indonesian retail chain Alfamart, a top executive told DealStreetAsia in an exclusive interaction.
Dyota Marsudi, Bank Aladin’s President Director, said the company booked a profit even back in 2019 and 2020 but ran into losses from 2021 as it prepared to revamp its operations.