Over The Target, BNI Credit Grows 10.9 PERCENT During 2022 A Value Of IDR 646 Trillion

JAKARTA PT Bank Negara Indonesia Tbk. (BNI) posted credit growth of 10.9 percent year on year throughout 2022 worth IDR 646.1 trillion

BNI President Director Royke Tumilaar said the moncer results also supported the company's consolidated profit of IDR 18.3 trillion last year.

"BNI credit growth is above the company's target," he said when giving a full year presentation on Tuesday, January 24.

According to Royke, the slick interediation score is supported by a Net Interest Margin (NIM) which is maintained at the level of 4.8 percent.

"Healthy credit growth is supported by business expansion of top-tier debtors and their derivative businesses from the value chain debtors," he said.

Royke explained that BNI's expansion capability was also supported by strong current account saving account (CASA) growth of 10.1 percent.

"At the same time there is an improvement in credit quality through an effective credit policy capable of reducing the NPL ratio by 90 basis points (bps) on an annual basis to 2.8 percent," he said.

The issuer with the stock code BBNI was also recorded as facilitating syndicated loans and was able to contribute nearly Rp1 trillion to non-interest income, or an increase of 100 percent compared to last year.

Meanwhile, the amount of credit that was restructured with the COVID-19 stimulus also continued to decline in value to Rp49.6 trillion or equivalent to 7.8 percent of total credit.

The decline in the last quarter mainly came from the sectors most affected by the pandemic such as restaurants, hotels, textiles and construction, this indicates that the debtor's business in the sector is starting to recover.

"The positive trend in asset quality also encourages the establishment of lower CKPN loads so that Cost of Credit improves from 3.3 percent in the previous year to 1.9 percent," concluded Royke.