BNI prioritises business transformation to boost national economic contribution The bank aims to maintain credit growth and expand to blue-chip customers.
Silvano Rumantir, Director of Wholesale & International Banking
P
T Bank Negara Indonesia (Persero) Tbk, or BNI, strengthens its position to augment its contribution to the national economy through a series of transformation and business expansion activities. BNI is committed to maintaining a credit growth level of around 7%-10% by the end of 2022, with the corporate banking segment as one of its growth engines. Director of Corporate & International Banking BNI Silvano Rumantir said BNI observes how corporations have become more adaptive and resilient, thereby becoming the catalyst of economic recovery. BNI primarily targets top customers in each corporate sector and their value chain and business partners. BNI also focuses on expanding to blue-chip customers by deploying its strategic policies articulated in the Bank’s Business Plan (RBB) whilst observing prudent risk management. “The business growth of corporate customers creates significant multiplier effects to the economy in the long run and can create a sustainable business portfolio for the Bank,” said Silvano. On the back of those strategies, in the first half of 2022, BNI reported Rp311.2 trillion of outstanding corporate credit, or up 8.28% yearon-year, which was mainly driven by the growth in the blue-chip corporate segment. The same strategies earned BNI three awards from the Asian Banking and Finance (ABF). In 2022, BNI was recognised as the Indonesia Domestic Project Finance Bank of The Year as well as Debt Deal of The Year and Project Infrastructure Finance Deal of The Year.
12 ASIAN BANKINGAND & FINANCE 2023 ASIAN BANKING FINANCE| Q2 | DECEMBER Q3 2021 2019
According to Silvano, the momentum of channelling corporate credit in BNI will continue in the second half of the year. He is confident that the Bank can unlock many more opportunities, especially in the corporate segment. “The domestic consumption growth, which is fairly strong, will compel companies in different sectors to expand their businesses. This is aligned with the Purchasing Managers’ Index (PMI) that stays above 50, which indicates that companies, in general, are in the expansion phase,” Silvano explained.
Strategic Expansion Plans With respect to tactical portfolio allocation, BNI considers the FMCG (Fast Moving Consumer Goods), telco, and health as the sectors with substantial growth potential despite their defensive risk approach. “At the same time, we need to stay alert to the global economic development in which impacts are starting to reach Indonesia, especially in terms of currency volatility and imported inflation that we have started to see in fuel products,” he continued. Silvano also pointed out the increasingly
We are certainly going to consistently strengthen our network. With the capacity that we have today, we expect we can better address the more complex needs of our corporate customers
PT Bank Negara Indonesia (Persero) Tbk
