BNI Books Net Profit of Rp 13.7 Trillion in the Third Quarter of 2022

JAKARTADAILY.ID – PT Bank Negara Indonesia (Persero) Tbk posted a net profit of Rp 13.7 trillion in the third quarter of 2022 or grew 76.8 percent year on year / yoy.

Based on financial reports, the growth of the bank listed on the Indonesian stock exchange with the stock ticker BBNI reached 9.1 percent to Rp622.61 trillion with a focus on low-risk segments, top-tier debtors in each prospective industrial sector, and champion sectors in each area.

"We are very grateful that until the third quarter of 2022, we can consistently record a solid performance in the midst of various global and domestic economic challenges," said BNI President Director Royke Tumilaar in a press conference, quoted from the bni.co.id page, quoted on Thursday. October 27, 2022.

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Royke said that BNI relies mainly on funding from the current account savings account (CASA), savings, and current accounts as a supporter of credit growth. The CASA ratio reached 70.9 percent of total third-party funds, so the company recorded operating income before reserves of Rp 25.8 trillion, an increase of 9.7 percent.

"Of course, we will continue to strive to maintain the company's performance so that it remains sustainable so that it can help the government continue the trend of economic recovery and continue to provide investment returns to shareholders," he continued.

Meanwhile, Deputy President Director of BNI, Adi Sulistyowati, explained that the performance of credit growth in the third quarter of 2022 was driven by private corporate loans which reached Rp 211.9 trillion or grew 20.4 percent YoY, followed by the large commercial segment which was recorded at Rp 49.4 trillion grew 22.3 percent YoY.

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In the small segment, growth was mainly in the People's Business Credit (KUR) which was recorded at Rp 51.3 trillion, up 24.3 percent  YoY. For the consumer segment, it reached Rp106.9 trillion, up 11.3 percent YoY with growth mainly in a payroll loan product.

“Pertumbuhan ini sejalan dengan strategi manajemen untuk tumbuh dengan sehat dan sustain dengan menyasar pada debitur top tier di segmen industri prospektif diiringi dengan kebijakan manajemen risiko yang prudent,” sebutnya.

"This growth is in line with the management's strategy to grow healthily and sustainably by targeting top-tier debtors in the prospective industrial segment accompanied by prudent risk management policies,” she said.

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