Amidst economic uncertainty and a slowing trend, a number of national banks still recorded business growth. With fundamentally solid performance, the financial statements of these banks are an indicator of operational efficiency to maximize the momentum of economic growth.
In a press conference on financial performance, Monday (27/10/2025), Bank Mandiri Director of Finance and Strategy Novita Widya Anggraini explained, until September 2025, Bank Mandiri's lending was recorded to grow 11.6% compared to the same period last year (Year on year / YoY) with a value of Rp1,764.32 trillion.
In detail, wholesale loans grew 14.7% YoY to Rp982 trillion and retail loans grew 4.56% YoY to Rp403 trillion.
The high credit growth was balanced with the quality of credit risk management. This is reflected in Bank Mandiri's non-performing loan (NPL) level in the third quarter of this year at 2.54%. Risk is maintained with a good coverage ratio at 271 percent.
Intermediation performance was also maintained as reflected in the growth of Third Party Funds (DPK) which reached Rp1,884.18 trillion, up 12.3%.
Although credit continued to grow, Bank Mandiri's net profit in the third quarter of 2025 corrected by 10.14% YoY to Rp37.75 trillion.
However, Bank Mandiri's assets recorded a 10.3% YoY increase to Rp2,563 trillion.
"Bank Mandiri's performance is fundamentally solid. We are committed to maintaining growth in balance with quality, and every expansion step is carried out in a measured manner," said Novita.
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Previously, another state-owned bank, BNI, also recorded business growth. In the presentation of financial performance for the third quarter of 2025 on Friday (24/10/2025),
As of the end of September 2025, BNI's total lending grew 10.5% YoY to Rp812.2 trillion. Growth in consumer credit through personal loans, mortgage financing, and credit cards contributed to this performance.
Loan growth was offset by good credit quality with an NPL of 2.0% and an NPL Coverage Ratio of 222.7%.
With a net profit of Rp15.12 trillion, BNI's profitability was also supported by the growth of Third Party Funds by 21.4% YoY to Rp934.3 trillion.
BNI President Director Putrama Wahju Setiawan revealed that BNI's success in strengthening portfolio quality and discipline in funding efficiency are two keys to BNI remaining resilient in volatility while maintaining balanced business growth.
In Q3 2025, BNI's Capital Adequacy Ratio (CAR) was recorded at 21.1% and Loan-to-Deposit Ratio (LDR) was recorded at 86.9%. Meanwhile, the Liquidity Coverage Ratio (LCR) has a safe value of 167.4%, and the Net Stable Funding Ratio (NSFR) is 142.1%.
"This success shows BNI's ability to remain adaptive in facing challenges, while continuing to encourage inclusive and sustainable growth," Putrama said in a written statement received by SUAR. SUARFriday (24/10/2025).
BNI recorded fee-based income growth from digital transactions reaching 11% YoY, marked by a surge in Wondr by BNI application users from 2.8 million users in September 2024 to 10.5 million users in September 2025 with transaction volume reaching 866 million with a value of Rp783 trillion.
"An aggressive digital transaction banking strategy drives more sustainable CASA growth and consistent fee-based income . Going forward, BNI will continue to strengthen business fundamentals, expand the digital ecosystem, and become a driving force for sustainable finance in Indonesia," Putrama concluded.
Apart from the two Himbara banks, national private banks also recorded brilliant achievements in Q3 2025. In the 9-month 2025 performance presentation, Bank Central Asia (BCA) President Director Hendra Lembong announced BCA's success in posting credit growth of 7.6% YoY to Rp944 trillion, with total deposits up 7.0% YoY and net profit growth of 5.7% YoY to Rp43.4 trillion.
Of this growth, corporate loans contributed the highest growth compared to other segments, namely 10.4% YoY to reach Rp436.9 trillion as of September 2025, followed by SME loans growing 7.7% YoY to Rp129.3 trillion, commercial loans growing 5.7% YoY to Rp142.9 trillion, and consumer loans growing 3.3% YoY to Rp223.6 trillion.
"BCA's loan quality is maintained, as seen from the loan at risk (LAR) ratio of 5.5% in Q3 2025, improved from 6.1% the previous year. The NPL ratio is under control at 2.1%, with adequate reserves of 166.6% and 69.5%, respectively," Hendra said in a written statement received by SUAR. SUARMonday (27/10/2025).
On the funding side, CASA remained the main contributor to BCA's funding with approximately 83.8% of total deposits amounting to Rp1,190.66 trillion. CASA growth of 9.1% YoY to Rp999 trillion was in line with the 78% increase in total transaction frequency over the past three years. To increase this volume, BCA is ready to support the use of QRIS across national borders and improve the features of the myBCA application.
"BCA is committed to presenting a variety of new features and services as a form of our commitment to continue to bring innovation and expand the scope of products and services according to customer needs," Herman concluded.
Bank operations are efficient
The solid performance of BNI, Bank Mandiri, and BCA is accurate with the findings of the Financial Services Authority (OJK) in the Indonesian Banking Surveillance Report (LSPI) which shows that the intermediary function is running positively along with an increase in lending and strong public funds collection.
The OJK report, published in the second week of October 2025, revealed that the national banking industry showed an improvement in asset quality with a decrease in credit risk, along with adequate liquidity conditions, high capitalization, and an increase in profits that supported the maintained CAR of 26.03%.
"Banks are expected to always focus as intermediary institutions, maintain professionalism and public trust, as well as prioritize prudential banking, innovation, and always maintain integrity so as to achieve high, healthy and sustainable growth," said Chief Executive of Banking Supervision Dian Ediana Rae in a written statement received. SUARMonday (27/10/2025).
In addition to proving the bank's resilience amid domestic and foreign economic dynamics, the solid performance also illustrates the fiscal stimulus provided by the government.
However, Head of Research at the Indonesian Banking Development Institute (LPPI) Trioksa Siahaan cautioned that the positive performance of banks is still too early to be read as a signal that the economy is improving.
"If we look at the current situation, there are many challenges that must be faced by our banks in the future. Why the bank recorded good growth, because they managed to maintain operational efficiency which is important for the momentum of the bank's financial performance growth," Trioksa said to SUARMonday (27/10/2025).
Going forward, Trioksa explained, if the bank's positive performance can maintain good operational efficiency, liquidity is maintained, and the cost of funds is cheap, all three will be important capital to record future growth.
"Factors for growth do involve various things outside the bank, especially because not all banks recorded such growth, because there are also banks that recorded a decline for one reason or another," he said.
