FBI and NIM boosted BNI net profit to IDR 7.7 trillion in September
JAKARTA. The increments observed in the Fee-Based Income (FBI) and Net Interest Income (NIM) had elevated the net profit of PT Bank Negara Indonesia (Persero) Tbk (BBNI) by 73% year-on-year (yoy) in Q3 2021.
Royke Tumilaar, President Director of BNI, confirmed that in Q3 2021, BNI managed to score IDR 7.7 trillion in its net profit, proliferating 73% from IDR 4.3 trillion obtained in Q3 2020. Furthermore, he mentioned that the profit growth resulted from FIB and NIM positive shifts by 16.8% and 17.6% yoy, respectively.
Tumilaar explained that BNI had recorded an impressively healthy collection of current account savings account (CASA), thus powerfully fueling the credit performance. “The cheap funds (CASA) collection equals 69.7% of the total third-party funds (DPK), the highest in the past 10 years,” he revealed through BNI public expose earlier today (25/10).
Tumilaar also reaffirmed that these massive gains are led by BNI’s digital transformation that had solidified its capability in transactional banking. (AM/ZH)