ENP Newswire -
Release date- 18022014 - Indonesian economy slowed during the year 2013 did not inhibit
BNI recorded net profit growth of 28.5% to
'BNI is a brilliant performance that we have achieved amid a number of challenges that arise both from domestic and abroad, such as the increase in fuel prices that trigger high inflation, the exchange rate is under pressure due to the widening current account deficit, until the issue of the reduction of government economic stimulus
The main factor contributing net income is operating income ( operating income ), which reached
Major Financial Indicators (in U.S. $ Trillion)
+ / - (%)
Net Interest Income
Profit Before Tax
Earnings per Share (Rs)
The growth in net interest income contributed by the disbursement of the loan portfolio which grew 24.9% in 2012 compared to
'BNI Credit continues to grow in two main areas. For sector Business Banking , loans grew 26.5%, and to bid ang Consumer & Retail Banking which grew 15.5%, 'said Billy.
The growth of the loan portfolio to make the Loan to Deposit Ratio (LDR) increased from 77.5% in 2012 to 85.3% in 2013. This credit enhancement shows BNI function as institutions intermediary is getting better .
Credit quality was improving, characterized by declining net NPLs and gross NPL. Net NPLs fell from 0.8% in 2012 to 0.5% in 2013, while Gross NPLs fell from 2.8% in 2012 to 2.2% in 2013. Accordance with the principles of prudence, BNI also improves the ratio of provisioning ( coverage ratio) of 123.0% in 2012 to 128.5% in 2013.
Financial Ratios (in Percent)
Loan to Deposit Ratio
Cost of Fund
Gross Non-Performing Loans
Net Interest Margin
Cost to Income Ratio
Return on Equity *)
Return on Assets *)
Capital Adequacy Ratio
*) Based on a formula determined by
BNI Credit growth remains dominated by loans denominated in dollars, which is about 84% of the total loan portfolio, as BNI still want to support economic growth in the country.
'With the performance record, BNI and the Indonesian banking industry should be proud, because amid challenging economic conditions, national banks are still recorded a good enough performance. Growth in operating income was the result of efforts of BNI in improving credit expansion with a focus on the 8 seed sector which currently accounts for over 66% of the total portfolio of Business Banking BNI, 'said Billy.
BNI credit expansion that high growth in 2013 was supported by an increase in Third Party Funds (TPF) of 13.3% from
Efforts to improve the composition of CASA deposits continue to be made ??by optimizing BNI BNI program as
Some BNI achievement that stands out in an effort to increase fee-based income , among others, is to become the first national bank that provides services Trustee , both for domestic and international transactions. Services Trustee for international transactions initiated at the time of signing BNI TPAA ( Trustee Paying Agent Agreement ) on
BNI also appointed to be the only bank deposit receipts that serve the state foreign exchange (forex) in the five cities of the world, namely through the service module of State Revenue (MPN). Launch of MPN services in Overseas Branches of foreign currency to Singapore and
The international network to optimize, on
The high cost of funds composition CASA BNI can cause decreased from 2.7% in 2012 to 2.4% in 2013. The high CASA also be a sign that the loyalty of both retail and corporate customers to BNI is maintained. It was not independent of the increase in service level BNI who are second best in the national banking industry, jump from the previous year which was ranked fourth. This achievement is obtained through surveys BNI Monitor Best Service Excellence (BSEM) 2013 conducted by Marketing Research Indonesia (MRI).
Service level is supported by a stronger increase in BNI services with the addition of number of outlets and ATMs. BNI outlets by the end of 2013 reached 1,687 or increased compared to the number of outlets by 2012 as many as 1,585. So is the number of ATMs increased from 8227 units by the end of 2012 to 11,163 ATMs by the end of 2013 .
In 2013, BNI is able to increase the ratio of return on assets (ROA) of 2.9% in 2012 to 3.4% in 2013. Similarly, the return on equity (ROE) also rose from 20.0% in 2012 to 22.5% in 2013. BNI is also able to record an increase in net interest margin (NIM) of 5.9% in 2012 to 6.1% in 2013.
Operational activities more efficient BNI also characterized by lowering the cost to income ratio (CIR) of 49.5% in 2012 to 46.7% in 2013 and Operating Expenses Operating Income (ROA) of 71.0% in 2012 to 67 , 1% in 2013. The improvement in these ratios is the embodiment of the implementation of the strategic policies of BNI in improving operational efficiency and effectiveness.
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