20 JUNE 2019
MNC Bank Wins “The Best in Finance in the category of Public Banking Companies 2019”
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Jakarta - PT Bank MNC Internasional Tbk received appreciation for its good track record and brilliant performance in the 2018 Financial Year. Appreciation from the Indonesia Finance Awards was received directly by Director of MNC Bank Rita Montagna at an event held in Jakarta, Thursday (6/20).
"The award received tonight is a form of recognition of our performance in 2018 as well as encouragement so that 2019 can achieve the best performance," said Rita in connection with the awards achieved by MNC Bank. The award appreciates MNC Bank's financial performance in the Bank category which is also a public company.
Rita continued, that throughout 2018, MNC Bank has made various improvements in operational efficiency and business processes. In addition, the positive performance of 2018 is driven by the synergy of the hard work of all employees and the right strategy of the management team.
The results of the implementation of the MNC Bank strategy that operates as a BUKU II bank are reflected in the achievement of performance throughout 2018, namely net income of Rp. 57.02 billion. The positive performance of 2018 was supported by the rapid increase of the Bank's operating profit reaching Rp 80.20 billion. In addition, MNC Bank's financial instruments also increased in 2018 such as total assets to Rp. 10,855 billion, total loans to Rp. 7,512 billion, and equity of Rp. 1,430 billion. Total deposits in 2018 declined slightly to Rp. 8,470 billion, but with a higher ratio of low-cost funds resulting in lower interest costs.
Several strategies to improve its performance in 2019, MNC Bank will develop existing digital platforms such as MNC Mbanking mobile banking, MNC eBIZ internet banking and other application cards. In addition, diversification of savings and loan products is also focused on outperforming other peer groups in BUKU II banks. Furthermore, the bank will continue to build and increase the number of customers (customer base) and debtor customers (lending) both through strong synergies with companies, employees, partners and customers who are within the MNC Group and outside the MNC Group.
The assessment was carried out by Economic Review, Indonesia Asia Institute, IPMI International Business School and Perbanas Institute with various criteria including revenue growth, profitability, turnover, stock trading activities, and added value for stake holders. The Indonesia Finance Awards are the highest award given to the Company with the best financial performance in Indonesia.
"In conducting this judging process, we prioritize objectivity and fairness because it is assessed by an independent and competent jury in the financial sector," said Economic Review Founder Irlisa Rachmadiana. He continued that through this Award, MNC Bank is expected to continue to improve its performance so that it becomes the best in its class.
"The performance of 2018 is the result of teamwork between all employees and management, therefore the appreciation we receive will be a trigger for enthusiasm in 2019 to improve business and bank performance." Concluded Rita.



This news has been published at mncupdate.com