PT Bank Negara Indonesia (Persero) Tbk or BNI is ready to maintain the company's positive performance by increasing prudence in lending denominated in foreign currency (forex), amid the weakening of the rupiah exchange rate against the United States dollar.
BNI Corporate Secretary Okki Rushartomo said the company has and will continue to implement strict risk mitigation measures to reduce the negative impact of global economic dynamics.
“BNI periodically continues to implement strict risk management, one of which is by conducting stress tests on macroeconomic conditions including exchange rate movements to anticipate so as not to have an impact on asset quality,” Okki said.
In the midst of the current fluctuations in the rupiah exchange rate, BNI is more careful in disbursing foreign exchange loans where the loans provided are more aimed at debtors who have a natural hedge in their business model.
Regarding the condition of foreign exchange liquidity, Okki emphasized that US Dollar-denominated liquidity is still at a very adequate level. “BNI maintains adequate liquidity above the ratio set by the regulator,” he said.
Currently, BNI's forex Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) are 151.72% and 135.13% respectively, well above the minimum limit set by the regulator. Loan to Deposit Ratio (LDR) also remains within the corridor set by the management.
In addition, BNI has a sufficient position of liquid tools in the form of US Dollars and is maintained at a level higher than the bank's internal risk appetite.
With disciplined risk management and a strong liquidity position, BNI is optimistic that it can maintain performance stability and support national economic growth amid challenging global market conditions.
“This reflects BNI's readiness in facing potential liquidity pressures that may arise due to global exchange rate dynamics,” Okki added.