JAKARTA – PT Bank Negara Indonesia (Persero) Tbk (BBNI) appeals for an extra state equity participation worth IDR 7 trillion to boost its capital adequacy ratio (CAR) as a Tier 1 bank. Faisol Riza, Head of Commission VI of DPR RI, reveals the news during the Public Hearing Meeting, quoted today (10/9).
It is mentioned that the government accepts BNI’s solicitation regarding additional equity participation for 2022. With another investment, the state ownership in BNI as the majority shareholder could still be maintained. “We would work on the state equity participation that BNI calls for, but the amount is yet to be certain,” Riza promises.
The reason behind this request for extra capital from the government for 2022 is BNI’s CAR that touches 18.18% in Q2 2021. It positions BNI below the other four level-4 commercial banks based on business activities (BUKU 4) with a core capital of IDR 30 trillion. They include Bank Mandiri, whose CAR is 18.9%, BRI 19%, and BCA 25%. Furthermore, credit channeling to the business sector would improve as BNI’s CAR increases. (LK/ZH)