Jakarta. State-owned bank BNI recently reported a 219 percent liquidity coverage ratio and a 124.2 percent net stable funding ratio as of Dec. 2022, high above the minimum liquidity of 100 percent. 

According to BNI corporate secretary Okki Rushartomo, the figures illustrate the bank’s resilience against possible shocks.

“Our liquidity profile is doing great, far beyond the regulator’s requirement,” Okki was quoted as saying in a recent press statement.

Okki said BNI’s funding mostly came from third-party funds, and only less than 10 percent were sourced from wholesale funding such as bonds, loans, and deposits from other banks. BNI’s current account savings account also stands at 73 percent.

Only a small number of BNI’s productive assets came from non-government securities, hence an incredibly small risk on its assets. About 95 percent of BNI’s bond portfolio are low-risk government bonds with an average tenor of +/- 3 years.

“We will continue to embrace prudent principles in our operations and business so we can avoid serious risks in the global market,” Okki said.

BNI’s capital adequacy ratio is beyond 20 percent, precisely at 21.25 percent in Feb. 2023, also surpassing the regulatory requirements and other global banks. 

“BNI’s LDR [loan-to-deposit ratio] is also fine and we are managing it carefully. We believe that BNI has a powerful business model,” Okki said.