JAKARTA –  PT Bank Negara Indonesia (Persero) Tbk (BBNI) plans to utilize internal funds to buy back up to 10% of its shares, valued at IDR 905 billion.

Okki Rushartomo Budiprabowo, BBNI’s Corporate Secretary, stated that this plan will be submitted for shareholder approval on March 13, 2025. "The plan will be executed within a maximum of 12 months from the approval at the Annual General Meeting of Shareholders (AGMS)," he said on Wednesday (5/2).

This corporate action will affect the company’s total assets, equity, and related metrics. According to the December 2024 Financial Report, BBNI’s total assets before the buyback stood at IDR 1.129 trillion, which will decrease to IDR 1.128 trillion post-buyback. Similarly, total equity will drop from IDR 167.18 trillion to IDR 166.28 trillion.

On the positive side, BBNI’s return on equity (ROE) will improve from 14.24% to 14.33%, though the Minimum Capital Adequacy Ratio (CAR) will slightly decrease from 21.40% to 21.27%. (LK/ZH)