Jakarta, CNBC Indonesia- The era of high interest rates and exchange rate volatility is a sentiment that can have an impact on a number of business sectors, including banking.
Business Director of PT Bank Pembangunan Daerah Banten Tbk, Rodi Judo Dahono, said that currently the BEKS credit portfolio is still dominated by consumer credit, so if credit interest adjustments are made, it will increase the risk.
In order to maintain the banking Net Interest Margin (NIM) at this time, BEKS is focusing on finding a cheaper Cost Of Fund (COF) while strengthening Low Cost Deposits supported by regional funds.
On the other hand, BEKS is also pursuing opportunities related to Bank Business Group Cooperation (KUB) and Business Cooperation with one of the largest BPDs in Java Island which is expected to be completed in November 2024. In addition to strengthening capital, this step will also expand Bank Banten's business segment.
What are Bank Banten's 2024 corporate targets and actions? For more, see Anneke Wijaya's dialogue with the Director of Risk & Compliance of PT Bank Mega Syariah, Marjana and the Business Director of PT Bank Pembangunan Daerah Banten Tbk (BEKS), Rodi Judo Dahono in Power Lunch, CNBC Indonesia (Tuesday, 06/25/2024)