PT 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% year-on-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.
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.
This story is from the Issue 110 edition of Asian Banking & Finance.
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This story is from the Issue 110 edition of Asian Banking & Finance.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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