BNI Prepares Infrastructure To Support Minimum Capital Rules, President Director: Next Year, We Are Ready!

Photo: Doc. BNI

JAKARTA - President Director of PT Bank Negara Indonesia Tbk Royke Tumilaar said BNI had prepared infrastructure to support the implementation of new provisions in calculating Risked Assets (ATMR) for market risk in accordance with the rules of the Financial Services Authority (OJK).

"We always cooperate with the authorities. BNI has carried out simulations. Next year, we are ready for this new rule. Our increase from previous ATMR was less than 10 percent, so it was very minimal," said Royke, quoted from Antara, Friday, August 11.

Currently, the OJK is monitoring the implementation of the Financial Services Authority Regulation (POJK) Number 27 of 2022 concerning the Second Amendment to POJK Number 11/POJK.03/2016 concerning Obligations to Provide Minimum Capital (KPMM) for Commercial Banks.

In the regulation, the ATMR for market risk will be used in calculating the Capital Adequacy Ratio (CAR) starting January 2024.

In particular, Royke said the company had reported the results of the calculation of the ATMR trial for market risk in accordance with POJK 27/2022 provisions for the position in June 2023.

Meanwhile, the results of the ATMR calculation for BNI's market risk increased insignificantly and were still below 10 percent, which was caused by the relatively simple characteristics of the portfolio and BNI transactions as of June 2023.

He continued that the company continues to maintain a capital adequacy ratio or CAR at a strong level, namely 21.6 percent as of June 2023, or up from 18.4 percent in the same period last year and far above the minimum requirement of 13.8 percent.

On this occasion, Royke appreciated the OJK's initiative in issuing the new regulation, which will have a positive impact on the banking industry to become more prudent in investment selection.

In addition, the regulation will also encourage banks not to focus too much on issuing securities.

"This is a very good rule for making banks more prudent in choosing investments. In addition, basically banks are credit institutions, so the portfolio should consist more of credit than securities," said Royke.

For information, BNI posted a net profit of 17 percent year on year (yoy) reaching IDR 10.3 trillion in the first semester of 2023.

Meanwhile, BNI's credit portfolio reached IDR 650.8 trillion in the first semester of 2023, supported by the private Blue Chip corporate segment which grew 17 percent (yoy), and the consumer segment which grew 12 percent (yoy).