Jakarta - Bank Negara Indonesia (BBNI) achieved a net profit of IDR 19.81 trillion as of November 2024, an increase of 4.04% compared to the same period last year.

The net profit was supported by lending which grew 10.96% to IDR 739.53 trillion.

Meanwhile, BNI's total assets grew 9.83% to IDR 1,072.63 trillion. Interest income also recorded an increase of 5.28% to IDR 58.80 trillion.

However, the increase in interest expense by 23.30% to IDR 23.19 trillion made net interest income (NII) decrease by 3.87% to IDR 35.61 trillion.

In terms of third party funds (DPK), BNI was able to experience a growth of 6.96% to IDR 783.78 trillion.

One of the main factors for this growth was the low-cost fund instrument (current account saving account/CASA) which climbed 11.08% to IDR 559.36 trillion. On an annual basis, CASA strengthened to 71.37% from 68.73%.

In detail, funds in current accounts surged 12.95% to IDR316.32 trillion. Meanwhile, savings instruments shot up 8.75% to IDR243.03 trillion. On the other hand, deposits only experienced a slight growth of 2.02% to IDR 224.42 trillion. (DK/LM)