On 27th July 2016, BNI Syariah hosted a press conference at the Le Meridien Hotel, Jakarta to announce that it had achieved stable profit growth regarding its performance in the second quarter of the 2016 financial year. Amidst the global economic slowdown, BNI Syariah has registered 145.65 billion IDR in profits – an increase of 45.73% compared to the previous year’s figure which stood at 99.94 billion IDR. Senior management members of BNI Syariah present at the event included Mr Imam Teguh Saptono as President Director, Mr Kukuh Rahardjo as Director of Consumer Business, Ms Tribuana Tunggadewi as Director of Risk Management and Compliance, Mr Junaidi Hishom as Director of Operations and Ms Dhias Widiyati as Senior Executive Vice President for Commercial Business.
In his statement, Mr Saptono illustrated how BNI Syariah’s profit growth was supported by the expansion of its financial services as well as the increasing efficiency of the bank’s operational activities. Mr Saptono further elaborated on the achievements of the bank which included an increase in third party funds, rising to 21.83 trillion IDR from 17.32 trillion IDR last year and asset growth of 23.12%, increasing from 20.85 trillion IDR to 25.68 trillion IDR; this rise was driven by growth in financing which gained by 13.36% and customer deposits which also gained by 26.05% from the previous year. Furthermore, through its financing services, BNI Syariah incurred growth of 18.98 trillion IDR from 16.74 trillion IDR last year; this has thus resulted in the bank recording non-performing loan ratios of 2.80% – the lowest of any shariah-compliant bank in Indonesia; from this total financing portfolio of 18.98 trillion IDR, 52.96% came from consumer financing (with 86.02% directed to Griya iB Hasanah loans), 22.78% as productive financing for SMEs, 16.38% from commercial financing, 5.77% from microfinance while the Hasanah Card contributed 2.11%.
Moreover, Mr Saptono attributed part of BNI Syariah’s success to its partnership with its parent company Bank BNI (Persero) in developing Shariah Channelling Outlets in which shariah-based financial transactions can be facilitated in Bank BNI branches as well as the shared use of ATMs and internet banking. Moreover, Mr Saptono attributed part of BNI Syariah’s success to its partnership with its parent company Bank BNI (Persero) in developing Shariah Channelling Outlets in which shariah-based financial transactions can be facilitated in Bank BNI branches as well as through the shared use of ATMs and internet banking services.
BNI Syariah’s most recent financial performance demonstrates its standing as a modern, cutting-edge bank, with the willingness to expand and improve through synergies in business and operations. Through the bank’s trademark concept of 'Hasanah' ingrained within its corporate culture; BNI Syariah stands to play an integral role in raising awareness of the immense potential of Islamic banking in Indonesia.
For further information regarding the latest developments at BNI Syariah, please visit its corporate website.