06 May 2024

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Posting Optimal Performance, BNI Finance Optimistic in Facing Challenges in 2024

Jakarta, 6 May 2024 – PT BNI Multifinance remains consistent in its efforts to increase managed assets and financing. This is marked by optimal performance in the first quarter of 2024, where BNIF recorded new financing distribution (new bookings) of IDR 1.49 trillion, growing 365% Year on Year (YoY).

BNI Finance Business Director, Albertus Henditrianto, revealed that of the total new bookings, IDR 1.4 trillion was disbursed for consumer financing and IDR 94 billion for investment financing.

Meanwhile, BNI Finance's total assets in the first quarter of 2024 were recorded at IDR 4.63 trillion, an increase of 265% compared to the same period in 2023 which was recorded at IDR 1.25 trillion.

"We are optimistic that BNI Finance's performance will be able to survive amidst unstable global economic conditions. This ability cannot be separated from the implementation of prudent risk management to maintain the quality of financing," said Albertus.

These efforts are proven by BNI Finance's Non Performing Financing (NPF) ratio in the first quarter of 2024 which was recorded at 0.24%, better than the NPF ratio in March 2023 which was recorded at 1.81%.

BNI Finance's commitment to strengthening performance continues to be realized through business expansion. In 2024, BNI Finance will add a new branch network in 22 potential cities. This shows BNI Finance's optimism regarding the prospects for economic growth in Indonesia.

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