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20240328_BABP_Laporan Informasi dan Fakta Material_31620486_lamp2.pdf
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Year 2023, MNC Bank's Net Income
Surged by 48.4%
Jakarta, 28 March 2024 – PT Bank MNC Internasional 78.13%. This achievement indicates the high level of
Tbk (IDX: BABP) or MNC Bank, a subsidiary of PT MNC public trust in BABP, coupled with the Company’s
Kapital Indonesia Tbk (IDX: BCAP) under MNC Group competitive interest rates. Along with the increase in
(IDX: BHIT), successfully increased its net income by TPF and strengthening in terms of capital, MNC Bank's
48.4% year-on-year (yoy), from Rp52.5 billion in 2022 assets also jumped by 7.62%, from Rp16.86 trillion in
to Rp77.92 billion by the year of 2023. In addition to 2022 to Rp18.15 trillion in 2023.
being driven by the Company's strengthened
Prioritizing prudential banking principle, MNC Bank's
performance, the growth in net income also reflects
financial ratios remained stable in 2023. This is
MNC Bank's continuous efforts to adapt to changing evidenced by Gross NPL and Net NPL recorded at
times.
3.96% and 2.63%, respectively. Additionally, Return on
In terms of intermediation function, MNC Bank's loan Equity (ROE) and Return On Asset (ROA) in 2023 stood
disbursement rose to Rp10.25 trillion in 2023, at 2.50% and 0.71%.
accompanied by a 13.75% yoy growth in interest MNC Bank's Loan to Deposit Ratio (LDR) in 2023 were
income to Rp1.31 trillion, compared to Rp1.15 trillion recorded at 75.68% respectively. Meanwhile, the
in 2022. Company's Net Interest Margin (NIM) was posted at
As of December 2023, MNC Bank's Third Party Funds 4.15% in 2023, lower than the previous year's 4.95%,
(TPF) grew by 1.88% yoy to Rp13.4 trillion, from due to the increase in deposit interest rates in line
Rp13.15 trillion in 2022. The composition of TPF is still with the increase in the benchmark interest rate from
dominated by time deposits, contributing up to Bank Indonesia in 2023.
FY-2023 Financials Highlights
in million Rupiah 2023 2022 %
Profit and Loss
Revenues
Interest Revenues 1,313,041 1,154,346 13.75%
Interest Expenses (708,329) (506,619) 39.81%
Net Interest Income 604,712 647,727 (6.64%)
Income Before Tax 121,442 154,061 (21,17%)
Net income 77,916 52,505 48.40%
Earnings per share (in full Rupiah) 2.63 1.87
Balance Sheet
Total loans 10,253,225 10,199,866 0.52%
Total third party funds 13,402,451 13,154,886 1.88%
Total assets 18,147,378 16,862,363 7.62%
Total liabilities 14,559,944 14,150,029 2.90%
Total equity 3,587,434 2,712,334 32.26%
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President Director of MNC Bank, Rita Montagna, expressed immense gratitude to all customers, employees, and
regulators for their trust and support to MNC Bank.
“
The growth in MNC Bank's performance reflects our commitment to strengthen operations and
continue to provide the best financial services to the public. Despite facing external challenges
such as interest rate fluctuations, we are confident that the strategic measures in place will
bolster our market position, ensuring sustained growth in the long run.
”
-Rita Montagna , President Director of MNC Bank
To enhance financial inclusion and enable broader participation in the digital economy, MNC Bank is fortified
with its digital banking solution. In 2023, the Company rebranded the MotionBanking app to ,
aiming to strengthen its image as a digital banking application with all the conveniences offered. This name
change is going to drive users to remember and put it at the top of their minds, as well as encourage users to
conduct various banking activities anytime, anywhere, using MotionBank actively.
From an operational standpoint, the total value of digital banking transactions using the MotionBank application
soared by 36% yoy in 2023. This was accompanied by a 25% leap in the number of transactions and a 10% gain in
MotionBank users compared to December 2022 data.
In 2023, MotionBank also released 3 new features, namely online credit card application, Split Bill menu for
transfer requests between MotionBank accounts, and fund transfers using mobile phone numbers. MNC Bank
also obtained ISO 27001:2013 certification related to Information Security Management System (ISMS) in an
effort to maintain internal information security regarding confidentiality, integrity and availability of information
on its digital products and services, including MotionBank.
For the most recent updates, kindly reach out to the MNC Bank Call Center at 1500188, visit
www.mncbank.co.id and www.motionbank.id, follow the official social media accounts of MNC Bank,
@officialmncbank and @motionbankingid di Instagram, on Instagram, MNC Bank on Facebook,
and @MNCBank on X (Twitter).
Enjoy digital banking services and other MNC Bank products by downloading the MotionBank application on
Google PlayStore and Apple AppStore through the link www.bit.ly/MotionBankMNC
For further information, please contact:
Heru Sulistiadhi PT Bank MNC Internasional Tbk
Corporate Secretary MNC Bank Tower 8th Floor, MNC Center
heru.sulistiadhi@mncbank.co.id Jl. Kebon Sirih Kav 21-27, Menteng
Central Jakarta 10340, Indonesia
Phone : +6221-29805555
www.mncbank.co.id
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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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PT MNC
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Kapital Indonesia Tbk
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Bank Indonesia
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Bank Call Center
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MNC Bank
· Corporate Secretary
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