Himbara’s Strong Performance in the Midst of Global Economic Turbulence
In the midst of challenging global economic dynamics, the Association of State-Owned Banks (Himbara) continues to demonstrate solid fundamental performance. Sunarso, the Chairman of Himbara and also the President Director of BRI, emphasizes the association’s commitment to maintaining banking service stability, fundamental performance, good governance, and supporting sustainable national economic growth.
“Amid the dynamics of global economic challenges, Himbara’s fundamental performance is very solid. Additionally, Himbara ensures that all banking operational services run smoothly and safely, allowing customers to access various financial products and services optimally,” said Sunarso in a press release on Saturday, February 22, 2025.
Sunarso reaffirms that similar to private banks, Himbara also plays a role in the deposit insurance program managed by the Deposit Insurance Corporation (LPS). Furthermore, Himbara’s banks are under the strict supervision of the Financial Services Authority (OJK) and Bank Indonesia. Through participation in this program and the implementation of good governance, customers can feel at ease knowing that their funds are secure in accordance with applicable regulations.
Bank Himbara, consisting of BRI, Mandiri, BNI, and BTN, has announced their financial performance for 2024, showcasing solid growth. This success is reflected in their financial achievements, including profit generation, healthy credit growth, and an increase in Third Party Funds (DPK).
### Positive Financial Performance in 2024
Based on the consolidated financial performance report for 2024, Himbara’s banks managed to record positive profits. BRI achieved a profit of Rp 60.64 trillion, Mandiri Rp 55.78 trillion, BNI Rp 21.5 trillion, and BTN Rp 3 trillion.
In terms of credit, Himbara’s banks saw positive credit growth in various segments. For example, BRI disbursed credits amounting to Rp 1,354.64 trillion, with 6.97% YoY growth, of which 81.97% was directed towards MSMEs. Mandiri recorded a total of Rp 1,670.55 trillion in consolidated credit disbursement, marking a 19.5% YoY increase, primarily driven by wholesale segments. BNI saw a credit growth of 11.6% YoY amounting to Rp 775.87 trillion, in line with national economic recovery and prudent credit expansion. BTN recorded a credit growth of 7.3% YoY, from Rp 333.69 trillion to Rp 357.97 trillion, with the majority of credits coming from the housing segment, both subsidized and non-subsidized.
This credit expansion was supported by adequate liquidity, with positive Third Party Fund (DPK) growth across all Himbara banks. BRI managed to gather deposits amounting to Rp 1,365.45 trillion, with CASA reaching 67.30% or Rp 918.98 trillion. Mandiri recorded deposits of Rp 1,699 trillion, growing by 7.73% YoY, with CASA dominating 80.3% of the total DPK. Similarly, BTN reported a 9.1% YoY growth in DPK, from Rp 349.93 trillion to Rp 381.67 trillion, with a CASA ratio of 54.1%.
BNI also continues to strengthen its funding base, particularly from the retail Savings segment. BNI’s savings grew by 11% annually, from Rp 232 trillion in 2023 to Rp 258 trillion in 2024.
“Such solid performance by Himbara is clear evidence that synergy and good governance have become strong assets for Himbara to face the challenges of a dynamic industry,” said Sunarso.
In conclusion, Himbara’s resilience and robust financial performance in the face of global economic uncertainties serve as a testament to their dedication to providing reliable banking services and contributing to the sustainable growth of the national economy. As they navigate the ever-changing financial landscape, Himbara’s commitment to excellence and sound governance solidify their position as a key player in Indonesia’s banking sector.
