As Of May, PNM Has Disbursed Rp131.4 Trillion In Financing

JAKARTA - PT Permodalan Nasional Madani (PNM) until May 28, 2022 has distributed financing worth Rp131.4 trillion to 12 million PNM Mekaar customers.

PNM ended the 2021 period with the achievement of assets that grew up to 138 percent year on year or reached Rp43.71 trillion at the close of the 2021 book.

"The PNM Mekaar and PNM ULaMM programs are a factor in the increase in PNM assets, it is recorded that PNM Mekaar's productive financing assets grew rapidly by 165 percent to IDR 25.6 trillion and PNM ULaMM rose by 103 percent to IDR 6.6 trillion," said PNM Corporate Secretary L Dodot Patria Ary quoted from Antara, Wednesday 29 June.

In 2020, the productive assets of PNM Mekaar financing were recorded at only Rp. 15.5 trillion and PNM ULaMM Rp. 6.4 trillion.

PNM recorded a net profit throughout 2021 of IDR 845 billion, an increase compared to the profit in 2020 which was IDR 359 billion.

Until December 2021, the gross non-performing loan (NPL) rate of PNM was recorded at 0.69 percent, an improvement compared to the position in December 2020 which was 1.23 percent.

"In line with the increase in distribution, the number of PNM customers is also growing rapidly. Until December 2021, the total number of customers is 11 million," said Dody.

Throughout 2021, the PNM Mekaar branch office will also increase by 317 offices.

"PNM currently has 3,386 PNM Mekaar service offices and 688 PNM ULaMM service offices throughout Indonesia serving micro and small businesses in 34 provinces, 443 regencies and cities, and 5,640 sub-districts," he said.