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20240801_BHIT_Laporan Informasi dan Fakta Material_31690339_lamp1.pdf
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Summary of MNC Bank's Q2-2024
Performance Results
Jakarta, August 1, 2024 – PT Bank MNC Internasional Tbk (IDX: BABP) or MNC Bank, a subsidiary of PT
MNC Kapital Indonesia Tbk (IDX: BCAP) and part of MNC Group (IDX: BHIT), has released its unaudited
financial statements for the first half of 2024, showcasing positive growth across several aspects. MNC
Bank’s total assets reached Rp18.20 trillion, a 7.97% year-on-year (yoy) increase from Rp16.86 trillion in
June 2023. It aligns with the 11.95% yoy surge in Third-Party Funds (DPK) to Rp13.78 trillion, comprising
Rp10.83 trillion in deposits, Rp1.99 trillion in savings, and Rp958 billion in current accounts for Q2-2024.
This rise in DPK reflects the growing public trust in MNC Bank. Moreover, amidst a generally stagnant
macroeconomic condition, BABP’s credit distribution improved by 0.81% yoy to Rp10.61 trillion at the
end of June 2024, dominated by the wholesale banking segment at Rp6.71 trillion, followed by
multifinance at Rp1.65 trillion, mortgage at Rp861.88 billion, implant banking at Rp585.61 billion, credit
cards at Rp425.90 billion, and Small and Medium Enterprises (SMEs) at Rp377.34 billion.
In terms of profit and loss, MNC Bank’s interest revenues strengthened by 7.75%, rising from Rp631.55
billion in Q2-2023 to Rp680.53 billion in Q2-2024. Concurrently, interest expenses climbed by 26.81%
yoy, reaching Rp396.54 billion as of June 30, 2024, driven by the jump in Bank Indonesia’s benchmark
interest rate. MNC Bank recorded a net profit of Rp29.48 billion in the first semester of 2024.
H1-2024 Financial Highlights
in million Rupiah H1-2024 H1-2023
Profit or Loss
Revenues
Interest Revenues 680,528 631,554
Interest Expenses (396,541) (312,696)
Interest Revenues - Net 283,987 318,858
Income Before Tax 37,870 50,720
Net income 29,478 39,486
Earnings per share (in full Rupiah) 0.84 1.37
in million Rupiah H1-2024 H1-2023
Balance Sheet
Total assets 18,202,174 16,858,434
Total liabilities 14,588,857 13,308,605
Total equity 3,613,317 3,549,829
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Rita Montagna, President Director of MNC Bank, stated, “MNC Bank’s positive performance in Q2-2024
demonstrates our unwavering commitment to achieving sustainable growth in the future.” Rita further
elaborated on the strategic measures to boost the Company's performance continuously. “Leveraging
our ecosystem within MNC Group, we have the opportunity to develop various financial products and
services while maximizing synergy with each MNC Group business entity and capitalizing on their
customer base,” Rita added.
“We also strive to reduce margin
expenses by boosting the composition
of low-cost funds. MNC Bank is
currently intensely optimizing DPK
collection through the Tabungan
Dahsyat loyalty program with various
attractive prizes and the Customer
Fund Account or RDN service,
inaugurated by the Indonesia Central
Securities Depository or KSEI. This is
expected to amplify MNC Bank’s
growth while supporting capital market
expansion. Furthermore, MNC Bank
continues actively collaborating with
third parties to present innovative
banking products to the public.
Throughout 2024, MNC Bank has launched 3 (three) Co-Branding Credit Cards, including with KAI (MNC
Bank KAI Access Card), FamilyMart (FamilyMart MNC Titanium Card), and Citilink (MNC Bank Citilink
VISA Card),” Rita said.
For more information about MNC Bank, kindly reach out to the MNC Bank Call Center at 1500188 or
MotionBank Customer Service via WhatsApp chat at 08888888888, visit www.mncbank.co.id and
www.motionbank.co.id, and follow MNC Bank's official social media accounts, @officialmncbank and
@motionbankingid on Instagram, MNC Bank on Facebook, and @MNCBank on X.
Enjoy MNC Bank's digital banking services by downloading the MotionBank app on the Play Store or
App Store via the link bit.ly/MotionBankMNC. To simplify the process of opening a Tabungan Motion
account, watch this tutorial: bit.ly/TutorBuRekdanMPay.
#MNCGroup #MNCBank #MotionBank #DigitalBanking
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For further information, please contact: PT Bank MNC Internasional Tbk
Heru Sulistiadhi MNC Bank Tower 8/F, MNC Center
Corporate Secretary Jl. Kebon Sirih Kav 21-27, Menteng
heru.sulistiadhi@mncbank.co.id Central Jakarta 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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Bank Indonesia
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Bank Indonesia’s
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Bank KAI Access Card
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Bank Citilink VISA Card
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Bank Call Center
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Kebon Sirih
· Corporate Secretary
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