PT Bank Negara Indonesia (Persero) Tbk (BNI) views the 25 basis point increase in Bank Indonesia's benchmark interest rate (BI Rate) to 5.75 percent as a measure reflecting the monetary authority's commitment to maintaining macroeconomic stability amidst current global economic dynamics. This policy is expected to strengthen national economic resilience while maintaining exchange rate stability and a manageable inflation rate.
BNI Corporate Secretary Okki Rushartomo said that Bank Indonesia's decision is part of a policy mix that needs to be implemented to maintain the momentum of national economic growth while strengthening business actors' and investors' confidence in the national economic prospects.
"BNI supports Bank Indonesia's policy as an anticipatory measure in response to increasing global uncertainty. Measured and credible policies are crucial for maintaining market confidence and supporting the sustainability of economic activity," Okki said in a written statement.
According to Okki, BNI's fundamentals remain strong, making it optimistic that it can continue its intermediation function in a healthy and sustainable manner. BNI also has adequate capital, liquidity, and asset quality to support business growth across various segments.
Nevertheless, BNI remains vigilant about the potential impact of rising interest rates on credit demand. The company will continue to manage its business portfolio selectively and adaptively, prioritizing prudent principles, while ensuring that financing support remains available to productive sectors that drive national economic growth.
Amidst the dynamics of interest rates, BNI is strengthening its digital transformation to improve the efficiency of its services and business processes. Various digital innovations are continuously being developed to provide a simpler, faster, and more secure banking experience for customers, while still prioritizing the principle of prudence.
In line with this, BNI consistently strengthens the implementation of good corporate governance (GCG) and prudent risk management. The company also continues to improve the quality of risk management through continuous monitoring of its credit portfolio, liquidity, and developments in economic and market conditions.
"By focusing on transformation, strengthening governance, and disciplined risk management, BNI continues to strive to maintain healthy performance and provide sustainable added value for customers, shareholders, and all stakeholders," Okki said.
BNI will continue to monitor macroeconomic developments and monetary policy direction to ensure its business strategy remains adaptive. The company is committed to maintaining quality growth, strengthening business resilience, and expanding its contribution to supporting productive sectors that drive Indonesia's economic growth.