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20231031_BABP_Laporan Informasi dan Fakta Material_31483683_lamp2.pdf
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Third Quarter of 2023, MNC Bank's
Assets Grew by 13.06%
Jakarta, October 31, 2023 – PT Bank MNC 1.69% yoy jump, reaching Rp1.30 trillion in the third
Internasional Tbk or MNC Bank (IDX: BABP), recorded quarter of this year compared to Rp1.28 trillion in the
positive growth until the third quarter of 2023. This is same period last year. Additionally, total savings
evidenced by a 13.06% year-on-year (yoy) increase in amounted to Rp1.91 trillion in the third quarter of
total assets, reaching Rp17.35 trillion in the third 2023.
quarter of this year, compared to Rp15.35 trillion in Amid macroeconomic challenges, MNC Bank
the third quarter of 2022. The increment was driven by maintained its loan disbursement in the third quarter
several financial performance indicators, such as Third- of 2023, amounting to Rp10.04 trillion, compared to
Party Funds (TPF) growth by 3.09% yoy, from Rp10.02 trillion in the third quarter of 2022.
Rp12.09 trillion to Rp12.47 trillion in the third quarter The growth in loan disbursement was also supported
of 2023. The gain in TPF resulted from the time by a Net Non-Performing Loan (NPL) ratio that
deposits amounting to Rp9.25 trillion in the third remained at 2.59% in the third quarter of 2023.
quarter of 2023, strengthening by 7.25% yoy
These performance indicators contributed to lifting
compared to Rp8.62 trillion in the third quarter of MNC Bank's net profit to Rp57.97 billion in the third
2022. Current accounts (giro) also recorded a quarter of 2023.
Q3-2023 Financial Highlights
in million Rupiah Q3-2023 Q3-2022 %
Profit and Loss
Revenues
Interest Revenues 975,792 830,126 17.55%
Interest Expenses (513,027) (349,703) 46.70%
Interest Revenues - Net 462,765 480,423 -3.68%
Income Before Tax 81,021 73,846 9.72%
Net income 57,969 57,507 0.80%
Earnings per share (in full Rupiah) 1.98 1.93
Balance Sheet
Total assets 17,352,458 15,348,185 13.06%
Total liabilities 13,790,406 12,958,436 6.42%
Total equity 3,562,051 2,389,749 49.06%
In terms of Capital Adequacy Ratio (CAR), the Company's ratio rose to 31.55% in the third quarter of 2023,
compared to 20.14% in the third quarter of 2022. This indicates that the bank's capital is strengthened and ready
to face potential risks.
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”
Despite the challenges that abound in the third quarter of 2023, MNC Bank achieved total assets growth
and maintained the quality of credit at an optimal level. This serves as evidence of our commitment to
deliver consistent results to our customers and other stakeholders.
”
-Rita Montagna, President Director of MNC Bank
In digital financial services, MNC Bank offers MotionBank as a digital banking application to fulfill everyday
financial transaction needs. MotionBank features online credit card applications, Split Bill for fund transfer
requests, fund transfers using phone numbers, as well as swift and easy online savings and time deposits account
openings.
MotionBank also features the opening of Tabungan Pensiun Motion accounts, allowing retired Civil Servants
(ASN) to withdraw their pension funds without visiting physical MNC Bank branches. They can do this through
ATMs and the Indomaret network spread throughout Indonesia. Furthermore, MNC Bank collaborates with the
Social Security Agency for Employment (BPJAMSOSTEK) to facilitate participants accessing BPJAMSOSTEK
membership services through MotionBank.
Other features offered by MotionBank include cash deposits and withdrawals at Indomaret outlets across
Indonesia, everyday transactions like QRIS payments, fund transfers, bill payments, top-up & pay to various
digital financial services partners such as MotionPay, Gopay, OVO, and other e-money.
MotionBank also adopts the Banking as a Service (BaaS) business model, which enables non-banking companies
to access banking services through APIs. The BaaS business model can expand the ecosystem of non-banking
companies with integrated financial services.
As of the third quarter of 2023, MotionBank managed to improve its performance with an 11.06% yoy growth in
the number of users, a 6.37% yoy increase in the number of transactions, and a 1.03% yoy hike in transaction
volume.
Don’t miss out on the latest information from MNC Bank by visiting the website www.mncbank.co.id and
www.motionbank.id, contacting MNC Bank Call Center at 1500188, or follow MNC Bank’s official social
media accounts on Instagram @officialmncbank and @motionbankingid, Facebook MNC Bank, also Twitter
@MNCBank.
Enjoy our digital banking services and other MNC Bank products by downloading the MotionBanking
application on the Google PlayStore and Apple AppStore via the link https://bit.ly/MotionBankMNC
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For further information, please contact: PT Bank MNC Internasional Tbk
Heru Sulistiadhi MNC Bank Tower 8th Floor, MNC Center
Corporate Secretary Jl. Kebon Sirih Kav 21-27, Menteng
Email: heru.sulistiadhi@mncbank.co.id Jakarta Pusat 10340, Indonesia
Phone : +6221-29805555
www.mncbank.co.id
DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these restrictions
may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or warranty,
expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the
information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press Release as providing, a
complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or
results of operations of The Company or its subsidiaries. The information and opinions contained in this Press Release are provided as
at the date of this presentation and are subject to change without notice. Neither The Company (including any of its affiliates, advisors
and representatives) nor the underwriters (including any of their respective affiliates, advisors or representatives) shall have any
responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any
information or opinions contained herein nor for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company's current views with respect to future events and financial performance. These views are based on a number of estimates and
current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks
and these may change over time and in many cases are outside the control of The Company and its directors. No assurance can be
given that future events will occur, that projections will be achieved, or that The Company's assumptions are correct. Actual results
may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for
any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment
decision in relation thereto.
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