Moncer Credit, BNI Reaches IDR 5 Trillion Net Profit In The First Six Months Of 2021

Illustration (Photo: Doc. Antara)

JAKARTA - PT Bank Negara Indonesia Tbk. (BNI) reported that credit distribution until the first semester of 2021 grew 4.5 percent year-on-year (yoy) to Rp569.7 trillion.

BNI President Director Royke Tumilaar said healthy lending was dominated by prospective business sectors with low risk, especially in the business banking segment.

He said credit disbursement in the business banking segment was recorded at Rp475.6 trillion, growing 3.5 percent yoy from last year's Rp459.6 trillion.

In detail, the highest growth was in the small business segment of 20.6 percent with debit balances reaching Rp. 91 trillion, compared to June 2020, which was Rp. 75.4 trillion. Then the next highest growth was followed by corporate private at 7.9 percent with debit balances reaching Rp. 179.1 trillion. Meanwhile, in the same period in 2020 it reached Rp. 165.9 trillion.

In addition to corporate loans, the consumer banking segment also recorded growth of 10.4 percent yoy or reached Rp92.8 trillion. Payroll-based Unsecured Loans recorded growth of 19.6% percent to IDR 32.7 trillion compared to the same period 2020.

Then, followed by Home Ownership Loans which grew 6.3 percent to Rp47.6 trillion compared to last year.

"The growth in consumer credit can also indicate that public consumption is starting to get excited, which is supporting national GDP (gross domestic product) growth," he said in a press statement as quoted on Saturday, September 4.

The smooth intermediation performance made BNI reap a net profit of IDR 5 trillion in the first half of this year. This value rose 12.8 percent compared to the same book in 2020.

"We will continue to strengthen our reserves to 215.3 percent as an anticipation in dealing with potential credit risk going forward," he said.

This solid performance was also supported by Pre-Provisioning Operating Profit (PPOP) which rose 24.4 percent to Rp 16.1 trillion.

Then, Net Interest Income (NII) grew 18.2 percent YoY to Rp 19.3 trillion, Non-Interest Income worth Rp 6.8 trillion or grew 19.2 percent with Fee Based Income (FBI) contributions from account and debit card management, ATMs, and electronic service channels, trade finance, and marketable securities.

"In addition to being active in the domestic banking industry, BNI is also mandated to focus on becoming a bank with superior international capabilities. The company's international business also contributes to the company's revenue,” concluded Royke.