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Bank Neo Commerce records positive performance in third quarter

26 October 2022 15:08

JAKARTA - PT Bank Neo Commerce Tbk (BBYB) managed to record a positive performance in the third quarter of this year.

In terms of Fee Based Income, BNC recorded a 342% growth to IDR254.14 billion, compared to the same period last year of IDR57.59 billion. In terms of lending, BNC recorded an increase in total loans to IDR8.9 trillion, up 131.77% from the third quarter of 2021.

Along with the increase in total loans, BNC's net interest income rose 350.78% yoy to IDR1.08 trillion, a significant increase from the same period last year of IDE241.8 billion.

Thus, BNC managed to record a profit of IDE10.1 billion and succeeded in reducing the Bank's net loss as of September 2022 to IDE601.2 billion.

Quoting from Kontan, President Director of PT Bank Neo Commerce Tbk, Tjandra Gunawan, said, "Towards the age of almost two years since the presence of the neobank application, and supported by continuous positive performance, BNC is increasingly showing its existence as a solution for customer needs. We are committed to always providing the best financial services by continuously adding innovative features and products.” (LM)

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