Jakarta. PT Bank Negara Indonesia (BNI) held an extraordinary general meeting of shareholders on Monday to strengthen its policy direction and corporate governance as Indonesia’s fourth-largest lender positions itself for the 2026 financial year amid evolving regulations and a shifting global economic backdrop.

The meeting, conducted online and chaired by President Commissioner Omar Sjawaldy Anwar, approved a series of strategic resolutions aimed at aligning the state-owned bank’s governance framework with new regulations while ensuring operational readiness for the year ahead. President Director Putrama Wahju Setyawan attended alongside members of the board of commissioners and directors.

“All decisions taken at this extraordinary shareholders’ meeting are strategic steps to ensure BNI’s governance remains aligned with regulatory developments and supports smooth execution of our business strategy going forward,” Putrama said in a written statement.

A key agenda item was the approval of amendments to BNI’s articles of association, including adjustments to supervisory governance by the Operational Holding in line with Indonesia’s revised State-Owned Enterprises Law issued in 2025. The changes followed a request from the State-Owned Enterprises Management Agency (BP BUMN), acting as the Series A Dwiwarna shareholder, as outlined in an official letter dated Oct. 28, 2025.

Shareholders also approved the delegation of authority related to the preparation and endorsement of BNI’s 2026 Work Plan and Budget. The move is intended to streamline planning processes and ensure the bank enters the new financial year with sufficient operational preparedness.

In another resolution, the meeting endorsed the updated Recovery Plan for 2025–2026, a regulatory requirement designed to strengthen business continuity planning and enhance the bank’s resilience under stress scenarios.

The extraordinary meeting also formalized changes to BNI’s board of commissioners. Shareholders confirmed the dismissal of Suminto as a commissioner following his appointment in October 2025 as an ex-officio member of the Deposit Insurance Corporation (LPS) board of commissioners, representing the Finance Ministry.

“Mr. Suminto’s term as commissioner ended on Oct. 8, 2025, and the formal confirmation of his dismissal was approved at this extraordinary shareholders’ meeting,” Putrama said.

To fill the vacancy, shareholders approved the appointment of Febrio Nathan Kacaribu as commissioner. Febrio currently serves as director general for economic and fiscal strategy at the Finance Ministry, a role that places him at the center of Indonesia’s macroeconomic and fiscal policy formulation.

Solid Financial Performance

The governance reset comes as BNI continues to post solid financial results despite persistent global uncertainty. As of the end of September 2025, the bank had disbursed Rp 812 trillion ($52.5 billion) in loans, up 10.5% year on year, reflecting more balanced and healthier growth across business segments.

Corporate lending rose 12.4% from a year earlier to Rp 451 trillion, while lending to the mid-sized enterprise segment increased 14.3% to Rp 120 trillion. Non-subsidized micro, small and medium enterprise loans grew 13.9% to Rp 46 trillion. Consumer lending expanded 9.6% to Rp 150.2 trillion, driven by stronger demand for mortgages, personal loans and credit cards. At the group level, loans extended by subsidiaries climbed 15.3% to Rp 17.4 trillion.

On the funding side, low-cost deposits, or CASA, grew 13.3% to Rp613.4 trillion, supported by double-digit growth in both current accounts and savings. Time deposits surged 40.4% to Rp320.9 trillion, partly reflecting liquidity injections from surplus state budget funds provided by the Finance Ministry. Total third-party funds rose 21.4% year on year to Rp 934.3 trillion.

Digital transformation remained a key growth driver. BNI’s mobile banking application, wondr by BNI, had attracted 10.5 million users by September, recording 866 million transactions worth Rp 783 trillion, a sharp increase from the previous year. Meanwhile, the BNIdirect platform for wholesale clients processed Rp 8,080 trillion in transactions, up 26.7% year on year, with volumes exceeding one billion transactions.

Putrama said the combination of stronger governance and sustained transformation would underpin BNI’s long-term competitiveness.

“We are confident that continued governance improvements and transformation will further strengthen BNI’s position as a healthy and competitive bank capable of delivering long-term value to all stakeholders,” he said.

With governance reforms endorsed by shareholders and financial performance holding firm, BNI is positioning itself to navigate the challenges of 2026 while maintaining growth momentum and investor confidence in an increasingly competitive banking landscape.