HomeNewsVideos

BNI Syariah records positive performance in 2019

10 February 2020 09:25

JAKARTA - BNI Syariah recorded a net profit amounting to Rp 603.15 billion at the end of 2019, up by 44.96% compared to 2018 at Rp 416.08 billion. BNI Syariah's President Director, Abdullah Firman Wibowo said the increase in profit was driven by the expansion of financing and the increase in optimal low cost funds so that the efficiency ratio was better than last year.

"The improved efficiency ratio can be seen from the ratio of Operating Expenses compared to Operating Income (BOPO) and Cost to Income (CIR) which has decreased compared to last year. Improved efficiency ratios are obtained among others through the synergy of BNI Syariah with BNI in terms of services, banking operations, and optimization of marketing communication," said Firman, Friday (7/2).

From the business side, BNI Syariah in 2019 has channeled Financing of Rp 32.58 trillion, up 15.13% from the 2018 at Rp28.30 trillion. The largest financing portion was contributed by the Consumer segment amounting to Rp 15.33 trillion (47.1%); Commercial segment of Rp 8.72 trillion (26.8%); Small and Medium segment of Rp 6.58 trillion (20.2%).

The number of bank accounts has also increased from 2018 at 3.01 million to 3.44 million in 2019. The strategies that have been carried out include collaborating with Institutions, Universities, Schools and Communities. (LM)

© 2024 - IDN Financials - All Rights Reserved.