Chat With Us
Chat With Us
en-USid-ID
X

Press Release

Supporting PEN, BNI Corporate Segment Grows Positively

Supporting PEN, BNI Corporate Segment Grows Positively

Jakarta, 23 February 2022 -- PT Bank Negara Indonesia (Persero) Tbk. (BNI) was able to record positive corporate loan growth at the end of last year. Acquisition of new customers as well as expansion of financing on quality projects will continue to be pursued to maintain the momentum of national economic recovery.

As for BNI's corporate loans were recorded at IDR 287.4 trillion, up 3.5% on an annual basis. The largest distribution was contributed by private corporations which grew 7.6% on an annual basis to 180.4 trillion. This credit growth was also followed by an increase in the competitiveness of credit interest rates at 7.11%, down 84 basis points from 2020 which was at 7.95%. Last year's acquisition of BNI's corporate customers was positive, such as Garudafood, Protelindo, Indofood, Ciputra, and Mayora.

BNI’s Corporate Banking Director Silvano Rumantir said the company will remain proactive in seeking to improve the performance of the corporate segment this year. Moreover, the momentum for the recovery of economic growth driven by optimism for the sustainability of the vaccination program in the context of handling the pandemic is still very positive. Inflation rate is also estimated to be very controlled so that it will become a stimulant for credit growth as well as better asset quality. “Our corporate loan growth is still very positive and we will maintain it this year. We will continue to acquire new customers and expand financing on quality projects, both with syndication schemes and direct distribution of facilities to individual companies," he said.

Silvano said that this year's corporate loan expansion will remain competitive in line with the composition of BNI's low-cost funds, which is 69.4%. This is also a cushion for BNI, where the BI benchmark interest rate (BI 7 days RR) is projected to rise to the level of 3.5%-4% this year. "We have set strategic steps to optimize low-cost funds (CASA) to support more aggressive business expansion to key industry players in leading economic sectors," he added.

Related