JAKARTA - PT Bank MNC International Tbk again received an appreciation for its brilliant performance in the 2018 Financial Year in the TOP Bank award event. TOP Bank is an annual event giving awards to banking companies with the best performance and has bright business prospects. Appreciation from TOP Bank 2019 was received directly by the Director of MNC Bank Hermawan and accompanied by MNC Director of Bank Rita Montagna at an event held in Jakarta, Wednesday (8/28).
"This afternoon's appreciation is an appreciation of our performance in 2018 as well as an encouragement so that we, both management and employees, can continue to improve performance throughout 2019," Hermawan said in connection with the awards achieved by MNC Bank. The award appreciated MNC Bank's financial performance in the BUKU II Bank category.
Hermawan continued, the results of the implementation of the MNC Bank's strategy as a BUKU II bank were reflected in the achievement of performance throughout 2018, namely a net profit of Rp 57.02 billion.
We continue to develop several strategies to improve performance in 2019, it has produced results as seen from the audited June 2019 Financial Report. The Bank's net interest income in June 2019 was Rp203.45 billion, an increase of 12% compared to June 2018 of Rp181,350 billion. The NIM in June 2019 was 4.07%, an increase compared to June 2018 of 3.70%. Third Party Funds collected by the Bank in June 2019 Rp8.45 trillion with an increase in the composition of low-cost funds. While in terms of lending, MNC Bank recorded June 2019 credit disbursement of IDR7.91 Trillion, an increase of 5.27% compared to June 2018 IDR7.51 Trillion.
The TOP Bank award was held by TOP Business magazine, in collaboration with the Asia Business Research Center, SGL Management, PPM Management, Melani K. Harriman & Associate, Investment & Financial Learning Center, and the Microfinance Development Foundation. The various valuation criteria include data on corporate financial publications, business prospects, market research analysis results, and questionnaires both for industry and consumers.
"Not only do we consider this award winner to be the bank with the best performance in 2018, but we also have good business prospects. We hope that this award will motivate MNC Bank and other winning Banks to become factors that accelerate economic growth and the Indonesian financial sector. Said Top Business Editor in Chief M. Lutfi Handayani.
This news has been published at mncupdate.com