BNI Aims For Hundreds Of Million Dollars Of Business Growth From Overseas Branch Offices

Illustration (Photo: Doc. Antara)

JAKARTA PT Bank Negara Indonesia Tbk. (BNI) is noted to continue to encourage network optimization in an effort to improve international business in the 2023 period. Most recently, this government-controlled bank has set a number of plans and targets in the foreign business segment.

Director of Wholesale and International Banking BNI Silvano Rumantir said the opportunity to optimize and improve the performance of foreign branch office networks (KCLN) is still wide open.

According to him, the company plans to pursue a number of targets, mainly starting from the acquisition of the top tier segment debtor business group with a total pipeline of US$825 million.

"Of course we are optimistic about the target we set to optimize the international banking segment," he said in a written statement quoted on Tuesday, May 2.

Silvano explained that his party will acquire debtors, both in terms of suppliers and in terms of buyers, BNI's top tier companies. For this segment, the issuer coded BBNI shares is targeting the distribution pipeline of around 19 million US dollars.

BBNI claims to have a program to acquire non-Indonesia related segments, especially for the financing needs of trade facilities, term loans, and investments. Silvano said the company would focus on companies Top 10 Industry and listed companies that have a stable investment grade and revenue in this segment.

"We are targeting this segment to conduct a disbursement of around 128.9 million US dollars," he said.

Not only that, Silvano continued, BNI also has a target to participate in customer top tier syndicated loans with a total pipeline of 826.2 million US dollars.

The company also carries out financing with a supply chain financing scheme, by providing financing to Top Tier debtor suppliers with a financing portion of up to 30 million US dollars.

"In the MSME segment of the diaspora and the Indonesia Related Business, as well as the MoF, we are targeting to encourage financing of up to 362.9 million US dollars. We also open up opportunities for cooperation with the corporate and commercial business of the head office which was recorded at the offshore loan office," Silvano concluded.