JAKARTA - PT Bank Negara Indonesia Tbk. (BNI) managed to achieve brilliant achievements throughout 2021 by recording a net profit of IDR 10.89 trillion. The score jumped significantly by 232.2 percent compared to the 2020 period (year-on-year/YoY).
BNI President Director, Royke Tumilaar, this book cannot be separated from the company's solid performance that exceeded market expectations.
"This net profit achievement was generated from Operational Income Before Reserves (PPOP) which grew strongly by 14.8 percent YoY to reach IDR 31.06 trillion", he said in a statement after the presentation in Jakarta, Wednesday, January 26.
According to Royke, this achievement is even the highest BNI has ever produced, higher than operating income before the pandemic. In addition, efforts to improve credit quality through monitoring, handling and effective policies made the cost of credit improve to 3.3 percent.
He added that the bank's operating income growth resulted from healthy credit growth of 5.3 percent YoY to IDR 582.44 trillion. Then, a strong Net Interest Margin (NIM) at the level of 4.7 percent and commission-based income (Fee-Based Income/FBI) which at the end of 2021 was recorded to be up 12.8 percent YoY.
"BNI closed the 2021 financial year with a three-fold increase in net profit from 2020. We believe it is already above market expectations and fully understands that there is room for even better improvements in the future", he said.
SEE ALSO:
-
| EKONOMI
Punya Aset Kripto? Transaksi Kalian Ilegal Menurut OJK jika Menggunakan Fasilitas Bank
25 Januari 2022, 19:06
Furthermore, in terms of intermediation, it was supported by distribution in the business banking sector, especially financing to the private corporate segment, which grew 7.6 percent to IDR 180.4 trillion. Overall credit in the business banking sector grew 4.5 percent YoY to IDR 482.4 trillion.
Meanwhile in the consumer sector, the largest credit growth was contributed by payroll credit, which rose 18.3 percent YoY to IDR 35.8 trillion. Then followed by mortgage growth 7.7 percent to IDR 49.6 trillion. Overall credit to this sector jumped 10.1 percent to IDR 99 trillion.
On the same occasion, BNI Finance Director, Novita Widya Anggraini, informed that the liquidity side was at a sufficient level with the collection of Third Party Funds (DPK) which reached IDR 729.17 trillion or grew 15.5 percent YoY.
In detail, BNI's CASA still dominates DPK, which is 69.4 percent and increased by 17.1 percent YoY to IDR 506.06 trillion.
"The growth of low-cost funds is driven by an improvement in the Cost of Fund from 2.6 percent at the end of 2020 to 1.6 percent in 2021", she said.
Furthermore, for digital transactions, the issuer-coded bank BBNI reported that there were 494.3 million transactions with a growth of 115.3 percent with a value reaching IDR 4,615 trillion, an increase of 14.2 percent YoY.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
Most Popular Tags
#bhayangkara #Bssn #election 2024 #European Cup 2024 #america cup 2024Popular
