BNI Green Banking Credit Reaches 28 Percent Portfolio Of IDR 170 Trillion

Illustration (Photo: Doc. Antara)

JAKARTA - PT Bank Negara Indonesia Tbk. (BNI) reported that by the end of the first quarter of 2022 the value of the green portfolio expansion had reached Rp170 trillion.

BNI Risk Management Director David Pirzada said the amount was equivalent to 28.9 percent of the company's total loan portfolio.

"For us, this is a positive record of good performance from the expansion of the green portfolio as well as stronger implementation of ESG (environmental social governance, environmental, social and corporate governance) in all business lines," he said in a performance presentation on Tuesday, April 26.

According to David, the green financing is mainly provided for the needs of the community's social and economic development through MSME financing with a total portfolio of Rp 115.2 trillion.

Meanwhile, the rest is used for the needs of developing green environmental ecosystems, new renewable energy of Rp 10.3 trillion, and pollution management of Rp 6.8 trillion, and water and waste management of Rp 23.3 trillion.

"The positive performance of green financing, supported by high social and environmental concerns, as well as superior corporate governance practices, has encouraged BNI's ESG rating to increase from MSCI to A since November 2021," he said.

David revealed that the current A rating is the highest among Indonesian banks, as well as confirming BNI's position as a pioneer in the implementation of sustainable finance. This is manifested in a green corporate culture, through the status of green building certification by the Green Building Council Indonesia (GBCI).

“BNI won Gold Certification for BNI Tower and Platinum Certification for Plaza BNI. In addition, we also implement a paper-free office administration system or e-office,” he said.

On this occasion, the state-owned bank also published if the company managed to record a net profit of Rp. 3.9 trillion in the first three months of 2022. The score rose 63.2 percent on an annual basis or year-on-year (yoy) compared to the same period last year. previously.