Berita


Minister Erick Appreciates BNI's Best Profits

Minister Erick Appreciates BNI's Best Profits

Jakarta, 31 July 2022 – The profit printing performance of PT Bank Negara Indonesia (Persero) Tbk. or BNI immediately received appreciation from Minister of State-Owned Enterprises, Erick Thohir. According to Erick, this BBNI coded issuer is getting ready to Jump Higher with the best profit printing in history.

"BNI will now achieve the best profit in BNI's history," said Erick.

Erick also appreciated all levels of management and Hi-Movers, especially BNI President Commissioner, Agus Martowardojo. Fair and expert competency qualifications are always raised to increase professionalism in SOEs.

"This BNI commissioner is clear, there are representatives from other ministries. There are community representatives, professional representatives, and expert representatives. For example, Pak Agus Martowardojo, a former Indonesian finance minister, a former BI governor. Alhamdulillah, he is willing to be the President Commissioner of BNI, who today can assist the management to work more optimally," he said.

In addition, effective state-owned companies will certainly be increasingly encouraged, such as gender equality realized by SOEs in their leadership ranks. Portions and streamlining that are increasingly on target also create more healthy, efficient and sustainable SOEs.

"So the important context is that we make a balance. For example, this is how BUMN directors are currently 25% women, which was not like that before. Then, the leadership of SOEs under 42 years is 10% of the target," said Erick.

Previously, BNI President Director, Royke Tumilaar said that BNI recorded a very good economic recovery in the middle of this year. Business activity and public consumption are getting stronger, thus it encourages BNI's performance as an intermediary function.

As a first mover in green banking, BNI has proven that the implementation of green financing in Indonesia is able to have a positive correlation with profitability. Digital transformation that encourages transaction banking continues to encourage the implementation of BNI's green banking to be more comprehensive.

“We are very grateful for the achievement of performance until the middle of this year. The performance of the intermediation function is getting stronger in line with the economic recovery trend. The implementation of green banking can still be carried out, and even becomes a positive potential for profitability performance," he said.

Royke explained, the growth of organic performance based on digital services at BNI has resulted in a strong and highest operational income before reserve (PPOP) in BNI's history of performance. This is the result of healthy credit expansion and is supported by low-cost TPF or CASA.

The stable net interest margin in the range of 4.7%, and supported by the high achievement of non-interest income which in the first semester of 2022 could reach Rp 7.6 trillion, up 11.0% YoY. Net profit was also achieved due to the strengthening of the intermediation function. Loans in the first half of this year were recorded at Rp 620.42 trillion, increasing more positively with a growth of 8.9% YoY.

Meanwhile, BNI Finance Director, Novita Widya Anggraini said that BNI was able to encourage stronger intermediation function performance in the second quarter of 2022. Loan in the corporate segment is still the motor of BNI's loan acceleration. During the second quarter of 2022, BNI disbursed loan of Rp 74.3 trillion, higher than in the second quarter of 2021 which reached Rp 59.3 trillion. Loan disbursement in the second quarter of 2022 is mainly channeled to top tier corporate debtors.

This acceleration of loan disbursement led to financing to the Private Corporate segment which grew 14.7% YoY to Rp 205.3 trillion; the large commercial segment which grew 31.2% YoY to Rp 48.5 trillion; the small segment also grew 10.2% YoY with a loan value of Rp 100.2 trillion. Overall loans in the Business Banking sector grew 7.7% YoY to Rp 512.3 trillion.

“The economic sectors targeted in the business banking segment are manufacturing, trade, agriculture, transportation and warehousing, and telecommunications. BNI also enters the green economy sector such as new and renewable energy," she said.

BNI hopes that the economic performance trend in the second half of 2022 will again make BNI's intermediation function and performance even stronger. With the stronger growth potential of green banking debtors, BNI remains optimistic that loan growth by the end of the year will be between 7% and 10% this year.

"With the continuing trend of economic recovery, and the transformation that we are carrying out has begun to show results, we also hope that this year's profit can break the record for the highest profit in BNI's history," she said.
 

Related

Arsip Berita