BNI 76th Anniversary, This is Minister Erick Thohir’s Message

BNI 76th Anniversary, This is Minister Erick Thohir’s Message

Jakarta, 6 July 2022 -- PT Bank Negara Indonesia (Persero), Tbk. or BNI (Stock code: BBNI) is expected to become a bank with a global capacity that is able to assist MSME players, Indonesian migrant workers, and the diaspora.

Minister of State-Owned Enterprises Erick Thohir said that BNI had a noble task, namely to become a Go Global Bank from Indonesia. Overseas networks that have been built, are now re-enhancing their capabilities to support economic growth not only domestically, but globally.

He hopes that BNI will continue to improve service quality, human resource capabilities, and competitiveness, especially in competing with global-class banks.

"We hope that BNI will also continue to encourage MSMEs to advance to international standards, as well as take care of migrant workers who are development agents, employment opportunities, and the diaspora who spearhead the entry of Indonesian products overseas," he said.

BNI Leaps Higher

In the meantime, BNI President Commissioner Agus Dermawan Wintarto Martowardojo said, the Company continues to focus on making positive leaps and comprehensive transformations with the best energy, resources and capabilities.

"With the spirit of synergizing, collaborating, and contributing, BNI is able to make a leap and become a leader of financial institutions to be reckoned with and the pride of this country as history has carved BNI's name in the Indonesian banking world," he said.

Regarding achievements, Agus explained that until March 2022, BNI's financial performance continues to improve. Net profit was recorded at Rp 4.3 trillion or grew by 84% YoY.

This net profit growth was supported by NII which grew 2.3% YoY, fee based income which grew 18.8% YoY, and the achievement of Loan recovery of 103.5%, so the operating income before reserve or PPOP grew 11% YoY

With the efforts to improve credit quality through effective monitoring, handling and policies, BNI is also able to record credit quality well.

"We also noted that in the March 2022 period, total assets grew 8.1% YoY, credit grew 5.9% YoY, and Third Party Funds was able to grow up to 8.4%, but still managed to reduce cost of funds at level 1. 46%, which is the lowest in recent years,” he said.

On the same occasion, BNI President Director Royke Tumilaar emphasized that since its establishment, BNI has been actively involved in the development of the Indonesian economy. BNI is also able to develop international business to various countries, becoming a global market bridge for Indonesia.

"These 76 years are an opportunity to prove BNI as an agile financial institution, able to adapt when faced with new challenges, which in fact, if used properly, can be an opportunity to achieve success," he said.

He continued, BNI will keep on innovating and developing creativity to become the leading financial institution in service and performance in a sustainable manner.

We highly appreciate all stakeholders, including the government, employees, and customers who have consistently supported BNI. We will continue to carry out our functions and roles to maintain and improve the positive performance of the national economy," he said. (*)


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