8/11/2023. PT Bank Negara Indonesia (Persero) Tbk (BNI) has achieved profit increase of 15.1% until the third quarter of 2023, reaching IDR 15.75 trillion.
Mukhamad Misbakhun, a member of the XI Commission of the National Assembly, expressed appreciation for the accompalishment.
The performance of this fine BNI bottom line is not apart from various initiatives and strategies of credit expansion into high-quality segments such as private blue chip and BUMN, consumer credit to subsidiary enterprises.
Misbakhun believes that the extraordinary performance of BNI will continue until the end of 2023.
"Looking ahead to the end of the year, the prospects for BNI performance are favorable because domestic credit growth remains strong, as does economic activity, particularly household spending and investments, which continue to support demand for advanced credit. "The top four banks, including BNI, are solid," he remarked in Jakarta on Wednesday (8/11/2023).
In terms of share performance, the red-plate issuer with BBNI code is expected to benefit from favorable sentiment generated by the stock split corporate action. In the recent week, BBNI's stock increased by 60 points, or around 1.24%, to Rp 4,880.
"The stock prospects are still fairly solid seen from a fairly strong fundamental in addition to consistent profit growth such as low non-performing loans below 5 percent, as well as Liquidity Coverage Ratio, and fairly sufficient Net Interest Margin," Misbakhun said.