BNI has striven to enhance its corporate governance structure and framework in line with certain developments such as the Basel Accord II, the Sarbanes-Oxley Act, the Indonesian Banking Architecture blueprint, and International Financial Reporting Standards.

With a commitment towards achieving financial stability and creating sustainable stakeholders’ value over the long-term, BNI places a great importance on the implementation of Good Corporate Governance (GCG). GCG is a means by which BNI is fully accountable to the public for the professional and prudent management of the Bank, in the interest of both the shareholders and other stakeholders, including customers, bondholders, correspondent banks, regulators, vendors and the communities in which it operates; such that effective corporate governance is indispensable to the Bank.

Basic Principles
Since 2001, BNI has had a Corporate Governance Handbook that sets forth the basic principles of corporate governance which serve as the foundation for all of the Bank’s operational policies and procedures. In addition to this, BNI also has the Code of Conduct, which provides the behavioural norms and standards that are required of and apply to all employees of BNI.
Enhancing corporate governance practices has become inherent in BNI’s operations today and in the future, as provided for by the Navigational Map of the Bank for the period 2004-2008.
With a new spirit, every rank and fi le of BNI is fully committed to exercise the principles and values of Good Corporate Governance encompassing transparency, accountability, responsibility, fairness, discipline (work ethics), independency and social responsibility.

Aims and Purposes
The purpose of Good Corporate Governance (GCG), in the case of BNI, is to assure stakeholders that the Bank is properly supervised and managed in a way that ensures the protection of rights of each and every stakeholders of the Bank, and by adhering to proven and evolving standards and methods of operations that are within the confi nes of universally recognised principles of GCG. To put it in another way, BNI recognises the value of GCG as a tool to enhance sustainable long-term stakeholders value and growth.
BNI constantly strives to comply with the prevailing laws and have developed internal rules that encompass the rights of the shareholders, equal treatment towards all shareholders and other stakeholders, the segregation of duties, rights and responsibilities between the shareholders, Directors and Commissioners; as well as the disclosure and transparency about the Company’s activities and their compliance with the law.
The policies and implementation of GCG within BNI are continuously improved and enhanced on the basis of emerging new developments and compliance standards that apply to corporate governance. In recent years, BNI has striven to enhance its corporate governance structure and framework in line with certain developments such as the Basel Accord II on bank risk management, the Sarbanes-Oxley Act on compulsory fi nancial disclosure standards, the Indonesian Banking Architecture blueprint of BankIndonesia, and the International Financial Reporting Standards.

For further information about Good Corporate Governance please see the details on BNI Annual Report. Download