Credit Grows 9.6 Percent, BNI Disburses Source Of Growth

Bank BNI (Photo: Doc. Antara)

JAKARTA - PT Bank Negara Indonesia (Persero) Tbk. (BBNI) recorded a total credit of IDR 695.16 trillion during the first quarter of 2024. BNI loans grew 9.6 percent compared to the same period last year which reached IDR 634.3 trillion.

BNI Finance Director Novita Widya Anggraini said the credit growth was supported by consumer credit and corporate top tier credit.

Novita said this can be seen from the performance of BNI consumer loans which show double-digit growth reaching 13.6 percent. This growth is driven by homeownership ownership or BNI Griya which grew 10.3 percent yoy where 80 percent of the Griya portfolio was in the form of fixed income.

"The government's program in the form of value added tax borne by the government (PPNDTP) in 2024 also contributed to the growth of griya loans," Novita said in a press conference quoted on Tuesday, April 30.

Novita added that another factor that encourages consumer credit growth is flexi credit which grew 17 percent where flexi credit portfolios were channeled to both government agencies and customers in general.

In addition to these products, he continued, the credit card business was also able to grow 10.4 percent yoy to IDR 14.2 trillion.

"This shows the public's interest in the convenience of transacting using credit cards," continued Novita.

On the other hand, the contribution from BNI Finance recorded financing growth of 370 percent which also contributed to the growth of BNI consumer credit in the first quarter of 2024.

Novita added that BNI targets positive growth in consumer loans in the second quarter to the end of 2024 which is driven by economic optimism that also supports consumption including the purchase of property and vehicle products.

Added to Novita, the momentum of Eid also has a positive effect on consumption which increases the circulation of money and people's purchasing power. The distribution of money is also considered more evenly during homecoming which contributes to the growth of regional MSMEs.

"To maintain positive growth of consumer credit, BNI will apply several strategies, one of which is through optimizing digital channels to increase access and convenience for customers in improving consumer credit services through BNI digital platforms," concluded Novita.