Increase Savings Volume, Bank-Owned Conglomerate Hary Tanoesoedibjo Rely On The Motion Application

JAKARTA - PT Bank MNC International Tbk (MNC Bank) shares were traded again by PT Bursa Efek Indonesia (IDX) on Monday, March 8. Today, the BABP-coded bank is holding an Incidental Public Expose regarding the performance of their shares.

"We really appreciate the market enthusiasm for MNC Bank shares with the BABP ticker code. Throughout 2020 has been a challenging year, entering 2021, we are carrying out a business strategy based on a bank business plan, with an emphasis on obtaining cheap funds and digitizing banking processes and services. , "said the President Director of MNC Bank, Mahdan.

He continued, related to capital to accommodate POJK No. 12 / POJK.03 / 2020 concerning Commercial Bank Consolidation, he appreciated the implementation of this regulation which aims to strengthen the fundamentals of the banking industry in Indonesia.

The bank, which is owned by the conglomerate Hary Tanoesoedibjo, is confident that it will be able to comply with the regulations according to the set time limit. The additional capital will be used for business expansion in increasing the Bank's profitability and increasing the ability of MNC Bank to transform digital processes and services in order to provide the latest and best services for all customers.

One of the efforts to increase bank profitability is to increase the portion of cheap funds. The strategy to increase low-cost funds is to introduce the Dahsyat Savings.

As of the end of February 2021, Tabungan Dahsyat has brought MNC Bank's savings volume to around IDR1.05 trillion and has succeeded in increasing MNC Bank's CASA ratio to 23.37 percent.

He said, MNC Bank Savings are expected to continue to increase with the help of Motion, MNC Bank's flagship integrated banking solution platform which will begin the licensing process towards digital onboarding in April 2021.

"That way, before the end of this year, MNC Bank customers can experience various conveniences of digital processes and services with a sense of security that is maintained," he explained.

Customers can now perform banking transactions using Motion from MNC Bank, ranging from automated fund transfers, payments and purchases, e-wallet top ups, credit card installment applications, and much more.

"Security for Motion users is maintained by the biometric login system so that it minimizes the possibility of using passwords by irresponsible parties, the hide balance feature so that the account balance cannot be peeked even in a crowd, and the application is always updated regularly, where Motion has reached. version 1.0.10 or features and security have been updated 10 times since it was introduced in mid-August 2020, "he explained.

Besides offering various advantages and being always updated, Motion is also easier to activate. The activation process is also very easy and it is enough to do it from a smartphone, without the need to go to the nearest branch or ATM.

For customers who are new to using the application on a smartphone, there is a user-friendly Motion activation guide on the mncbank.co.id website to make it easier for even the most ordinary user.