BNI Says Banking Sector Remains Resilient
Jakarta. State-owned bank BNI recently said that Indonesia's banking sector remained resilient amidst global economic uncertainties.
"Indonesia's banking sector is resilient because we have faced many crises so we have learned from those experiences and we are ready to face today's global economic conditions," BNI president director Royke Tumilaar said at the recent 2023 BNI Investor Daily Summit at Hutan Kota by Plataran in Jakarta.
According to Royke, robust capital and risk management are pivotal to helping Indonesia's banking sector anticipate global uncertainties. Bank Indonesia had raised its interest rates to 6 percent. Banks, however, did not immediately raise the loan interest rates thanks to banks' ability to identify future interest rate trends. The banking sector is also capable of maintaining the quality of loans.
"Bank Indonesia had been holding interest rates, and not raising it for a while. The rising interest rate is not an issue because we have long anticipated it," Royke said.
Related Articles
Prabowo Urges State Banks to Prioritize Public Impact Over Profits
Prabowo urged state banks to expand credit access and ensure MSMEs receive fair financing, not just profits.
BNI Expands Digital Finance Ecosystem Through Al-Izhar Education Partnership
BNI is expanding digital financial services and literacy initiatives through its partnership with Al-Izhar schools and the Melodia festival.
‘No Dollar, No Problem’: Indonesia’s Biggest Banks Connect to Alipay and WeChat Pay
Indonesia launches cross-border QRIS with China, allowing seamless rupiah payments through Alipay and WeChat Pay networks.
BNI Dispatches Badminton Squad for Thomas, Uber Cup
BNI sends Indonesia’s badminton team to Thomas and Uber Cup 2026, reaffirming long-term support for national sports.
10,000 Runners Set for Bali’s wondr Kemala Run 2026
A total of 10,000 runners from Indonesia and abroad are set to take part in the international running event wondr Kemala Run 2026 in Bali.
BNI, Govt Promote Affordable Housing Financing in Manado
BNI's affordable housing financing program is expected to spur regional economy.
BNI Continues Backing PBSI as Indonesia Competes at BAC 2026
BNI reiterates its long-term commitment to PBSI by supporting Indonesian athletes competing at the Badminton Asia Championships 2026.
BNI Rolls Out Anti-Phishing Guide PERIKSA
State-owned bank BNI has rolled out PERIKSA, a campaign meant to encourage corporate customers to watch out for phishing schemes.
BNI Adds Call-Lock Feature to Wondr App to Curb Phone-Based Fraud
BNI adds feature blocking app access during calls to reduce fraud risks and protect users from phone-based scams.
BNI Launches 'Wondr Earth' Feature to Help Users Track Carbon and Plant Trees
BNI launches app feature enabling users to track carbon emissions and fund tree planting to support sustainability efforts.The Latest
Spain Beats Argentina to Win Second World Cup Trophy
Spain allowed only one goal in eight matches at the tournament, setting a World Cup record for fewest goals allowed by a champion.
Controversies Surrounding the Handling of Febrie Adriansyah’s Corruption Case
The Attorney General's Office has not provided a clear explanation as to why Don Ritto was detained while Febrie was not.
Prabowo's Party Rebukes Hotman Paris for Invoking President in Corruption Case
Gerindra and media leaders criticized Hotman Paris after he invoked President Prabowo while defending a corruption suspect.
Anwar to Address KWAP's Investment Losses in Indonesia's eFishery
Malaysia's prime minister will explain Parliament's questions over KWAP's losses from its investment in Indonesia's eFishery.
Fajar and Fikri Upset World No. 1 Pair to Win Japan Open
The Indonesians prevailed 21-19, 21-17 after producing a composed performance to counter the Koreans' aggressive style of play.Most Popular
