BBNI - BBNI's CEO outlines five business focuses for 2025

BBNI - BBNI's CEO outlines five business focuses for 2025 Bank Negara Indonesia (BBNI) revealed five business focuses for 2025 amidst various challenges while maintaining sustainable performance growth. BBNI's President Director, Royke Tumilaar, stated that the challenge of banking liquidity needs to be anticipated with a measured business strategy to maintain BNI's performance growth this year. Future challenges from global uncertainty are causing pressure on the exchange rate of the rupiah and liquidity. BNI has prepared a number of strategies to face these challenges, one of which is to increase low-cost funds through digital banking expansion," said Royke in a press release on Friday. Royke stated that there are five main focuses that BNI must optimize this year, namely branch office transformation, human capital transformation or increasing employee productivity, growth in third-party funds (DPK) especially savings from transactions, strengthening the digital ecosystem to enhance CASA and fee-based income, and continuing to improve credit quality. In addition, improving efficiency and effectiveness through the digitalization of business processes, including the use of mobile banking, is also a key focus this year. "Through wondr by BNI and BNIdirect as well as the entire BNI digital ecosystem, it is expected to drive CASA and transaction growth, thereby supporting future performance," he said. (Source : Kontan) Comment : BBNI's five-point strategy demonstrates a proactive and well-considered approach to addressing the challenges of 2025. By focusing on liquidity management, digital transformation, and customer-centric initiatives, the bank aims to maintain sustainable growth while navigating the complexities of the global and domestic economic landscape. The focus on digital banking indicates BNI's recognition of the intensifying competition in Indonesia's digital banking landscape. Additionally, BBNI's efforts to improve customer experience through branch transformation and digital channels are crucial in a competitive market where customer satisfaction is paramount. Maintain BUY with 12M GGM TP of IDR6,300 (1.3x ‘25F P/B).