Soaring 31 Percent, BNI Profit Reaches IDR 5.2 Trillion In The First Quarter Of 2023

Board of Directors of PT Bank Negara Indonesia Tbk. (Photo: Doc. BNI)

JAKARTA PT Bank Negara Indonesia Tbk. (BNI) recorded a brilliant score in the first quarter of 2023 by achieving a consolidated net profit of IDR 5.2 trillion.

BNI Deputy President Director Adi Sulistyowati said the brilliant results shot 31.8 percent on an annual basis or year on year (yoy) from the previous Rp3.9 trillion.

According to Susi, Adi Sulistyowati's nickname, this moncer book cannot be separated from the intermediation performance which grew 7.2 percent to Rp634.3 trillion.

"The company has consistently continued our strategy to grow in priority segments, namely to top tier debtors ranging from the corporate segment and its business derivatives which are included in the prospective industry sector, to the consumer segment, while still prioritizing the prudential principle," he told reporters, Tuesday, April 18.

Susi explained, in terms of liquidity, the company posted a growth in Third Party Funds (DPK) of 7.4 percent reaching IDR 743.7 trillion.

Then, the company's CASA, namely demand and savings, grew 6.9 percent with a ratio of 69 percent.

He said, the credit and CASA growth made the company able to manage Net Interest Margin (NIM) maintained at the level of 4.7 percent.

The proceeds are reflected in the return on average equity (ROAE) ratio which increased from 14.3 percent in the first quarter of 2022 to 15.5 percent in the first quarter of 2023, as well as pre-tax return on assets (ROA) which also increased from 2.3 percent to 2.7 percent," he said.

Meanwhile, the state-owned bank has set seven strategic policies to achieve the growth target in 2023.

First, BNI develops transaction solutions & ecosystems in meeting customer needs. Second, developing technology infrastructure and digital innovation through data driven based on analytics, customer experience, and expanding partnerships.

Third, BNI focuses on increasing sustainable CASA and Fee Based Income (FBI). Fourth, BNI increases business expansion in corporate top tiers as well as priority sectors, value chains, and cross sales by prioritizing risk culture.

Fifth, the Company continues the Transformation of Human Capital, Culture, and Operations so that it is more agile and lean in supporting business.

Six, the company strengthens its international business network in supporting global market penetration.

Seventh, BNI also optimizes the synergy of BNI Groups in strengthening the position of Children's Companies.

"By referring to the seven strategic policies, of course we are optimistic that we will be able to achieve our business targets in 2023," he concluded.