14/01/2024. PT BNI Finance succeeded in recording positive growth throughout 2023, and is increasingly optimistic about optimizing all the potential for increasing the company's performance and contribution to BNI Group in 2024.
BNI Finance recorded financing of IDR 3.19 trillion. This figure increased 7.5 times compared to the company's performance in the previous year, which recorded financing of IDR 422 billion.
BNI Finance President Director Yenanto Siem said that this significant performance achievement was achieved with the support of many parties, including BNI as a shareholder, partner dealers, work partners and also all highly dedicated employees.
The realization of this performance achievement is also the company's commitment to provide the best performance after effectively receiving capital injection from the parent company totaling IDR 800 billion in the second semester of 2023.
"The performance achieved during 2023 is proof of the success of the transformation carried out by BNI Finance and this achievement is a strong foundation for us to continue to grow and demonstrate existence in the Indonesian financing industry, as well as continuing to make a positive contribution to the performance of the BNI Group," he said.
Furthermore, Yenanto Siem revealed, BNI Finance also managed to sell assets of IDR 3.79 trillion or an increase of 272% compared to 2022 which recorded assets amounting to IDR 1.02 trillions.
This increase in assets was driven by BNI Finance's success in increasing its portion of the consumer financing segment and expanding its marketing network.
Financing expansion is also balanced with the implementation of prudent risk management and is reflected in the non-performance financing (NPF) figure which reached 0.07% in 2023, an improvement compared to the previous year's NPF of 0.92%.
This year, Yenanto emphasized that BNI Finance is optimistic about addressing increasingly fierce market rivalry by growing its branch office network in 22 potential cities.
"We will expand our market reach, so that with the addition of branch offices planned to operate this year, we are optimistic that we can create sustainable business growth," said Yenanto.
He stated that BNI Finance had established various measures, including digitizing and enhancing business procedures, with the goal of improving services quickly and growing healthier.
“We intend to make the servicing procedure for consumers and dealers speedier. Apart from that, BNI Finance also integrates payments and channels with the Parent Company (BNI) so that consumers can more easily make transactions with BNI Finance," concluded Yenanto.