Legitimate! Shareholders Approve BNI Caploking Bank Mayora Belonging To Conglomerate Jogi Hendra Atmadja, Execution Carried Out April 2022

Illustration (Photo: Doc. Bank Mayora)

JAKARTA – The shareholders of PT Bank Negara Indonesia Tbk. (BNI) finally gave unanimous approval to the planned acquisition of PT Bank Mayora. The decision was one of the agenda items at the BNI Annual General Meeting of Shareholders (AGM), which was held today.

"Hopefully everything goes smoothly, so that all approvals and requirements related to the takeover plan can be completed by the end of April or early May 2022," said BNI Finance Director Novita Widya Anggraini when giving a presentation via digital channels, Tuesday, March 15.

According to Novita, the AGMS also agreed to completely transfer the shares from the 2021 buyback, which are kept as treasury stock of more than 24.68 million shares in the framework of a share ownership program for employees and management.

"This buyback is carried out with the aim of increasing share ownership of BBNI (BNI issuer code) by employees and management, so that it is expected to increase company value and encourage the achievement of performance targets. The buyback is part of the continuation of the current employee stock ownership and management program (mesop, management employee stock option plan)," he said.

As for the Bank's Business Plan (RBB) for fiscal year 2022, Novita said it had been prepared taking into account the challenging economic conditions both domestically and globally.

"With these conditions, we project the company's performance indicators for the 2022 fiscal year, including credit growth in the range of 7 percent to 10 percent, net interest margin (NIM) 4.6 percent to 4.8 percent, and cost of credit 2.0 percent. up to 2.3 percent," he concluded.