JAKARTA - PT Bank Negara Indonesia (BNI) stated that it remains optimistic that it can achieve high growth in the 2023 business year.
BNI President Director Royke Tumilaar said the company is targeting credit to grow in line with industrial growth.
According to him, the domestic economic condition has a positive report card and is in line with the direction of government policy to continue to strive for growth to remain positive.
Moreover, he continued, the sentiment in 2023 was quite good along with the control of the pandemic.
"We are confident and optimistic that this year's economy will remain good, although there are still some pressures that need to be faced, especially globally," he said in a written statement quoted on Tuesday, March 7.
Royke explained that the conditions in which price corrections in the commodity sector and sloping oil prices are considered to be helpful in controlling inflation.
In addition, Bank Indonesia (BI) as the monetary authority can also control interest rates and maintain the rupiah exchange rate, so that economic conditions can remain stable.
He also emphasized that the decline in commodity prices could open up opportunities for the banking sector to increase financing.
"When commodities go down, those who previously didn't need credit, now they will need credit. In the past, when the economy boom used their own money, now they definitely need credit for expansion, capital expenditure, etc. This will have a very positive effect on banks," he said.
In addition, Royke also welcomed the downstream efforts launched by President Joko Widodo.
According to him, this will be an opportunity for BNI to finance downstreaming and strengthen the domestic economic sector.
"Indeed, BNI focuses a lot on exporting imports. In the future, we are still optimistic about this downstream program, export growth is extraordinary, especially in nickel and iron," he said.
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