BNI is Optimistic that Credit Will Progress Supported by Government Spending and Industrial Expansion

JAKARTA – PT Bank Negara Indonesia Tbk. (BNI) is optimistic that credit growth this year will accelerate in the range of 8-10 percent year on year (yoy) in line with increasingly improving economic performance and encouragement from government spending in the second half of 2023.

BNI Corporate Secretary Okki Rushartomo said this projection would also be driven by positive signals from loan growth in the industrial sector.

"This optimistic attitude will be accompanied by prioritizing prudential banking aspects," he said in a written statement, Thursday, September 14.

According to Okki, credit requests can also be accommodated with banking liquidity conditions which are currently improving. Moreover, there are accommodative regulatory policies, especially for sectors that have not yet recovered, MSMEs, People's Business Credit (KUR), and green financing in the context of national economic recovery which will continue in 2023.

Okki said that in the second semester of 2023, the company's credit will be supported by low-risk sectors and will focus on toptier debtors in the industry. Moreover, corporations during this year have carried out excellent credit expansion, thus providing a significant stimulus to overall economic growth.

Apart from that, there is also momentum for the implementation of the General Election (Pemilu) which is expected to provide a positive impetus for national economic growth as well as the intermediation function.

"Of course, we will respond to every opportunity that arises. BNI will also continue to improve BNI's credit quality by strengthening risk management by implementing an end-to-end credit process," concluded Okki.