BRI Dugs Income Services Anticipate Lower Margin
By : Herry Barus And Aldo Bella Putra | Thursday, May 03 2018 - 16:30 IWST
Direktur Utama BRI Suprajarto
INDUSTRY.co.id - Jakarta - PT Bank Rakyat Indonesia (Persero) Tbk will continue to explore the potential revenue of services (FBI) to anticipate the decline in net interest margin (NIM).
"We are asked to lower the interest rate, of course this will affect the NIM as well, but if we talk about revenue, not only NIM but we try to manage and dig FBI as well as possible," said Director of BRI Suprajarto during a press conference in Jakarta on Thursday (3 / 5/2018)
Based on BRI's financial report in the first quarter of 2018, NIM BRI fell 59 basis points from 8.08 percent in the first quarter of 2017 to 7.49 percent.
FBI BRI in the first quarter of 2018 reached Rp4, 98 trillion, or grew 23.9 percent over the same period the previous year Rp4, 02 trillion.
In addition to developing digital banking services, Heru said, BRI will also develop cash management services, namely banking services provided by banks to corporate customers and individual entrepreneurs, in helping them to process cash flow and information flow for business financial transactions.
BRI will also develop a "supply chain management" of banking services to help manage the flow of trade processes that connect directly between producers, suppliers and consumers.
In the first quarter of 2018, BRI posted a net profit of Rp 7.42 trillion, growing 11.4 percent compared to the same period in the previous year of Rp6.66 trillion.
One of the main pillars of BRI's profit is credit disbursement that grew above the average of the Indonesian banking industry.
In the first quarter of 2018, consolidated BRI has disbursed loans amounting to Rp757.68 trillion, an increase of 11.2 percent compared to the same period in the previous year of Rp681.27 trillion.
The achievement above the national banking credit growth rate in March 2018 which recorded 8.5 percent.