19/11/2023. PT Bank Negara Indonesia (Persero) Tbk or BNI is proactive in continuing to support the efforts to recover and improve the performance of all state-owned companies on an ongoing basis.
The credit disbursed to SOEs until September 2023 or year to date grew by IDR 6.3 trillion, from IDR 91.6 trillion in December 2022 to IDR 97.9 trillion in September 2023.
The increase is mainly channelled to SOEs that perform strategic functions for the country such as PLN, Pertamina, and BULOG. BNI also supports the business of some other BOMN such as Pegadaian and Jasa Marga.
BNI President Director Royke Tumilaar said that entering the second half of 2023, the company is beginning to see a lot of BUMNs working and ready to expand to boost Indonesian economic growth stronger.
"SOEs have finally started showing positive growth. We are quite happy with this trend, because SOEs are still a rather dominant economic growth motor in Indonesia," he said.
According to Royke, the implementation of SOE governance is currently improving. This has a beneficial influence on BNI's credit quality, especially as it continues to maintain a balance between lending expansion and prudential principles.
"BNI continues to proactively analyze projects that add value to economic growth starting from potential sectors in this BUMN segment," said Royke.
Furthermore, Royke mentioned that Indonesia's economic growth was the third highest among the G20 countries, behind China and India.
Domestic inflation remains under control, even though global inflation is quite high. As of September 2023, Indonesia's inflation rate was 2.28%, the fifth lowest among the G20 countries.
Royke went on to say that positive economic conditions were characterized by the ongoing construction of the National Capital City megaproject (IKN), the acceleration of the green economic transition, and the strengthening of the national technology industry.
"As a state-owned bank, we want to continue to maintain optimism, so that we can always provide positive sentiment, especially to investors and stakeholders in the national and global economy," he said.