JAKARTA - PT Bank Permata Tbk (BNLI) managed to start 2023 well, recording a net profit of IDR 756 billion at the end of the first quarter of 2023, up slightly from IDR 750 billion in the first quarter of 2022. Meanwhile, BNLI's net interest income also increased sharply up to 20.7% year-on-year (yoy) from IDR 1.99 trillion to IDR 2.42 trillion.

Not only that, BNLI also managed to record an increase in lending by 0.5% yoy, supported by growth in housing loans (KPR) of 7%.

Fortunately, the increase in credit distribution was accompanied by a stable gross non-performing loan (NPL) ratio at 3.2%. Bank Permata's net NPL ratio even improved from 0.6% in Q1 2022 to 0.4% at the end of March 2023.

BNLI is one of the banks that chooses a capital strengthening strategy by increasing CASA or low-cost funds. Until the end of Q1 2023, BNLI's total CASA grew 4.7% yoy and managed to bring this bank's CASA ratio up to 57.1% from 56.4% recorded at the end of March 2022.

"Going forward, we will continue to strive to become a leading deposit and wealth franchise, the ecosystem partner of choice for business and technology players, and a leader in digital innovation and banking services," said Meliza M. Rusli, President Director of PermataBank. (ZH/LM)