21/11/2023. PT Bank Negara Indonesia (Persero) Tbk or BNI managed to channel IDR 97.9 trillion in loans in September 2023 to State-Owned Enterprises (SOEs). The loan grew by Rp6.3 trillion year to date from IDR 91.6 trillion in December 2022.
BNI's SOE lending focuses on SOEs in the energy sector, including PLN and Pertamina, as well as the Bulog Food sector. BNI also actively promotes Jasa Marga's infrastructure projectss and Pegadaian's financial inclusion programs.
BNI President Director Royke Tumilaar said that entering the second semester of 2023, the company began to see many SOEs that were cleaning up and ready to expand to encourage stronger economic growth in Indonesia.
"SOEs are finally starting to show positive growth. We are quite happy with this trend, as SOEs are still the dominant motor of economic growth in Indonesia," he said.
Furthermore, Royke assumes that the implementation of SOE governance has also improved. This has a good impact on maintaining BNI's credit quality, in particular, which continues to maintain a balance in lending growth and the implementation of prudential principles.
Special Staff III of SOE Minister Arya Sinulingga welcomed BNI's performance achievement.
"The successful transformation of SOEs launched by Minister Erick Thohir has made SOEs not only survive the past pandemic, but also thrive in a healthy and sustainable manner. One of them is BNI as a state-owned bank, which has taken part in this transformation step," he said.
Arya also said that financing from banks is one of the most essential components in a company’s ability to function effectively and thrive.
"The consolidated SOE net profit in the first semester was fairly encouraging, at IDR 183.9 trillion, up 12.9 percent from the previous year's period or year on year (YoY). With numerous ongoing transformation measures, including holding and strengthening managerial governance, SOEs’ overall performance will undoubtedly improve," he said.