Low Risk of BNI Asset Rises 16.9 Percent

By : Wiyanto Dan Aldo Bella Putra | Thursday, October 12 2017 - 19:00 IWST

PT. Bank Negara Indonesia (BNI)
PT. Bank Negara Indonesia (BNI)

INDUSTRY.co.id - Jakarta - PT Bank Negara Indonesia Tbk (BBNI) recorded total Assets in the third quarter of 2017 amounting to Rp 668.21 trillion or grew 16.9% over the same period in 2016 amounting to Rp 571.51 trillion, where the quality of its assets is maintained at a condition that can still be managed properly.

Vice President Director of BNI Herry Sidharta, said BNI can raise assets at low risk level thanks to effective credit risk management and selective credit expansion only to qualified debtors.

"Indications of improved asset quality are marked by improved NPLs, from 3.1% in Q3 / 2016 to 2.8% in Q3 of 2017. Likewise with the Loan at Risk ratio showing an upward trend of 11.8% at The third quarter of 2016 to the level of 11.1% in the third quarter of 2017," he said in Jakarta, Thursday (12/10/2017).

In addition, according to him, the continuous credit expansion shows BNI's intermediary function is running well, shown by a stable Loan to deposit ratio (LDR) at 87.9%.

"The loan growth is supported by strong fundamentals in which the capital adequacy ratio (CAR) is well maintained, up from 18.4% to 19.0%. Fundamentally, the allowance for provision is also well maintained with the coverage ratio rising from 143.2% to 147.4% indicating the prudence of BNI," he said.

News Comment

Today's Industry

Wellington College Independent School Jakarta (WCIJ)

Senin, 29 April 2024 - 05:02 WIB

One of the UK’s Most Established Schools Chooses Jakarta for Their Latest Opening

Wellington College Independent School Jakarta (WCIJ) is thrilled to announce its grand opening in September 2024! As the first private UK school to open in Indonesia, WCIJ, a pioneering co-educational…

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…