BNI Credit Disbursement To MSMEs Grows 18.9 Percent Reaching IDR 118 Trillion

JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI recorded credit disbursement of Micro, Small and Medium Enterprises (MSMEs) from the beginning of the year to Thursday 20 July or year-to-date (ytd) grew 18.9 percent year on year (yoy), with a total of IDR 118 trillion.

BNI Corporate Secretary Okki Rushartomo said the company managed to maintain the Non-Security Credit Ratio (NPL) in the MSME segment below 3 percent.

He explained that this success was mainly driven by the acquisition of new debtors, increased financing, and effective remedial management and recovery.

"This is happening thanks to the improving economic conditions, as well as the efforts of the Ministry of State-Owned Enterprises (BUMN) to encourage BNI to carry out transformation, and prioritize prudent banking principles," Okki said, quoted from Antara, Friday, July 21.

Okki continued, the company will continue to strengthen the value chain strategy, collaborate with various parties, and build a digital ecosystem to encourage the distribution of financing or credit to MSMEs.

"We are trying to make the financing we provide can make a positive contribution in encouraging MSMEs to advance to class, and jump higher into the international market," said Okki.

Furthermore, he said the company also places priority on the fulfillment of the Macroprudential Inclusive Financing Ratio (RPIM) target of 30 percent by 2024.

"We are proactive in supporting the Bank Indonesia (BI) program with efforts to meet this target (RPIM)," said Okki.

The company, part of the Association of State-Owned Banks (Himbara), posted a net profit of IDR 5.2 trillion in the first quarter of 2023, or grew 31.8 percent (yoy), from the previous IDR 3.96 trillion in the same period in 2022.

The company posted a Third Party Fund (DPK) which grew by 7.4 percent (yoy) in the first quarter of 2023, reaching IDR 743.7 trillion.

The healthy growth of the DPK, mainly supported by CASA, was able to bring BNI to maintain a stable Loan to Deposit Ratio (LDR) at the level of 85.4 percent.