BNI strengthens business foundation to support state-owned enterprise transformation

PT Bank Negara Indonesia (BNI) is actively reinforcing its foundational business pillars, including good corporate governance (GCG), risk management, internal controls, and capital structure. These initiatives are designed to sustain healthy business growth and align with the broader transformation agenda for state-owned enterprises (BUMN) in Indonesia.

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Good corporate governance is not just about fulfilling compliance aspects, but is the foundation for maintaining public trust, investors, and all stakeholders.

A key move in this strategy was the issuance of $700 million in Additional Tier 1 (AT1) instruments on the international market. BNI views robust corporate governance not merely as a compliance requirement but as the bedrock for maintaining public trust among its stakeholders, investors, and the wider community. Okki Rushartomo, Corporate Secretary of BNI, emphasized that strengthening these areas ensures the company is managed professionally and can generate sustainable value.

These efforts are closely linked to the national transformation initiative led by Danantara Indonesia, which is tasked with managing and optimizing government investments and BUMN assets. The goal is to support national strategic programs, industrialization, and sustainable economic growth. BNI's commitment extends to organizational transformation, refining business processes, leveraging digital technology, and enhancing human capital to boost efficiency and competitiveness.

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As part of BUMN, BNI continues to strengthen corporate governance, risk management, internal control effectiveness, digital capabilities, and capital structure so that the company's fundamentals are stronger, managed professionally, and able to create sustainable added value while supporting national development.

BNI's strengthened governance and financial fundamentals also bolster its capacity to perform its intermediation functions soundly. By expanding financial service access and supporting national development programs, the bank aims to contribute significantly to Indonesia's economic progress. As BNI celebrates its 80th anniversary under the theme "Swadharma Bhakti Nagara" (Service for the Nation), its focus remains on reinforcing its governance and business fundamentals to build long-term value and support sustainable economic development.

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With the spirit of Serving with All Our Hearts, BNI will continue to strengthen corporate governance and company fundamentals to create long-term value for the community, support BUMN transformation with Danantara Indonesia, and contribute to Indonesia's progress.