BBNI recorded solid performance recovery in 1H21, with increases in top-line from both interest and non-interest incomes. This resulted in Pre-provision Operating Profit (PPOP) growth to IDR 16.1 trillion (up 24.4% yoy). NPL gross level also continued to decline on a quarterly basis, although it is still relatively high at 3.9%; which resulted in significant increase of provision expense.
Download full report HERE.