• Newsletter
  • Contact
  • Press Releases
Wednesday, July 2, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home News

BNC affirms to complete the core capital fulfillment process this November 2022

Syifa by Syifa
April 17, 2023
in News
0
BNC
Share on FacebookShare on Twitter

Heaptalk, Jakarta — PT Bank Neo Commerce Tbk (BNC) affirmed to accomplish the Core Capital Fulfillment Process mandated by Financial Services Authority (OJK) in November 2022. Currently, this banking company is in the process of Capital Increase with Pre-emptive Rights (PMHMETD) or Right Issue. The process is still aligned with the schedule and is awaiting approval from the Financial Services Authority (OJK).

The company will use the funds from the rights issue to strengthen core capital and working capital for the company’s business development, including lending and other banking operations. Ahead of implementing this Right Issue, BNC continues to evince impressive growth in the third quarter of this year.

BNC also aims to advance its business by launching new products and features on the Neobank application to respond to societal matters related to the proper financing platform for them. The superior products cover Neo Wish, Neo Emas, and Neo Loan. The BNC’s consistency in introducing its innovative products has delivered the enhancement indicator of this company, reflected in the financial report in this quarter of 2022.

World Ai Jakarta 2025
World Ai Jakarta 2025

In terms of the company’s Fee-Based Income, BNC demonstrated growth of 342.03%, becoming Rp254.1 billion in Q3 of 2022, compared to the equivalent period in 2021. Meanwhile, regarding the credit disbursement, Neo Bank Commerce has reported an improvement worth Rp8.9 trillion in September 2022, enhancing 131.77% or equal to Rp3.84 trillion, compared to the same period last year. As a result, BNC’s net interest income has escalated notably by 350.78%, or approximately worth Rp1,089 trillion, in Q3 of 2022.

In addition, the increase in Fee-Based Income and net interest income in the third quarter of 2022 has contributed to the banking company’s profit of Rp10.1 billion as of September 2022. Thus, BNC’s net loss in September 2022 was reduced to Rp601.2 billion, compared to the former of Rp611.3 billion. This banking platform also estimates the net loss figure will decline significantly by the end of this year.

The Director of PT Bank Neo Commerce, Tjandra Gunawan, stated, “Currently, we have completed the registration process for the implementation of the rights issue to execute core capital fulfillment, which is still under checking from OJK, expecting the BNC’s core capital fulfillment would achieve by the end of this November. As Commercial Banks and Public Companies, BNC aims to continue to comply with applicable laws and regulations, including the obligation of core capital fulfillment. Regarding the business side, we have also recorded the company’s revenue up to Rp10.1 billion in the Q3 of 2022. This accomplishment has become a potential indication of the company’s performance,”

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com