Corporate Presentation 1H-2015

PT Bank Negara Indonesia (Persero) Tbk < BBNI.IJ >

Agenda • Business Update • 1H-2015 Result Highlights • Financial Performance 1H-2015 • Business & Consumer Banking • Appendix – About BNI – Macro Economy – 5 years Financial Data

Page 2

Business Update  During 1H-2015 the economy continued to experience slower growth than prior years  BNI still growing responsibly, with: • 12% Loan Growth • 14% Net Interest Income Growth • 6,5% Net Interest Margin  BNI facing head-on asset quality issues and taking conservative & proactive actions: • Action Plan is in place to address the economic impact on asset quality issues • Systematic process undertaken to evaluate potential NPLs • Increased coverage ratio from 130% to 139% to strengthen our balance sheet • Appointed SEVP to lead restructuring and recovery team for identifying problem sectors and proactively determine restructuring options.  Despite current economic condition, our fundamental operation remain solid and we remain optimistic about long term growth and achieving our key targets

Page 3

Page 4

Capital

Liquidity

Asset Quality

Profitability & Efficiency

P&L

ASSET

1H-2015 Result Highlights Total Asset (IDR Billion)

2012 333,304

2013 386,655

2014 416,574

Loan (IDR Billion)

200,742

250,638

Third Party Funds (IDR Billion)

257,661

Net Interest Income (IDR Billion)

407,817

1H2015 Y.o.Y 430,966 5.7%

277,622

257,529

288,723 12.1%

291,890

313,893

314,196

327,260

4.2%

15,459

19,058

22,376

10,753

12,260

14.0%

Non Interest Income (IDR Billion)

7,256

7,859

9,240

4,289

2.0%

Net Profit (IDR Billion)

7,046

9,054

10,783

4,936

2,430

-50.8%

NIM

5.9%

6.1%

6.2%

6.0%

6.5%

ROE

20.0%

22.5%

23.6%

22.6%

9.5%

ROA

2.9%

3.4%

3.5%

3.3%

1.5%

CIR

49.5%

46.7%

43.8%

42.1%

43.8%

BOPO

71.0%

67.1%

69.8%

68.6%

87.4%

NPL (Gross)

2.8%

2.2%

2.0%

2.2%

3.0%

NPL (Nett)

0.8%

0.5%

0.4%

0.6%

0.8%

123.0%

128.5%

130.1%

128.9%

138.8%

LDR

77.5%

85.3%

87.8%

80.3%

87.6%

LDR – Rupiah

79.1%

85.6%

86.7%

83.7%

90.2%

LDR - FX

68.7%

83.6%

94.5%

62.9%

75.3%

Tier-1 CAR

15.2%

14.2%

15.3%

14.9%

14.3%

Total CAR

16.7%

15.1%

16.2%

16.0%

17.1%

Coverage Ratio

1H2014

4,206

Financial Performance 1H- 2015

Balance Sheet Highlight [Rp Billion]

2012

2013

2014

Total Assets

333,304

386,655

416,574

407,817

430,966

5.7%

32,621

23,475

14,530

26,024

21,249

-18.3%

9,817

8,528

12,743

12,362

8,665

-29.9%

38,561

44,884

43,830

43,334

43,960

1.4%

Loans (gross)

200,742

250,638

277,622

257,529

288,723

12.1%

Third Party Funds

257,661

291,890

313,893

314,196

327,260

4.2%

Deposits from other Banks

3,245

3,185

3,177

4,690

5,042

7.5%

Marketable Securities Issued

4,769

6,037

6,158

5,887

7,133

21.2%

Borrowings

8,750

18,951

11,212

9,119

8,829

-3.2%

43,525

47,684

61,095

55,542

61,059

9.9%

Placement with other banks & BI

Marketable Securities [market value] Government Bonds [market value]

Shareholders’ Equity

Page 6

1H2014

1H2015

Y.o.Y

Loan Composition Loan Composition [%. Rp Billion]

Consumer

Business Banking

Segment

2012

2013

Loan by Currency (%) 2014

1H2014

1H2015

Growth [YoY - %]

[%]

Corporate

40,064

68,385

72,874

70,982

74,566

5.0%

25.8%

SOE

32,171

43,849

46,841

40,791

50,542

23.9%

17.5%

Medium

35,730

30,722

40,324

34,833

43,341

24.4%

15.0%

Small

37,611

41,582

40,374

40,329

39,130

-3.0%

13.6%

SUBTOTAL

145,576 184,538 200,413 186,935 207,579

Mortgage

25,286

31,733

33,341

32,695

Credit Card

4,934

5,489

7,777

5,788

Non IDR

Composit ion

11,0%

71.9%

33,093

1.2%

11.5%

9,407

62.5%

3.3%

Other Consumer

10,933

10,310

10,906

9,865

10,994

11.4%

3.8%

SUBTOTAL

41,153

47,532

52,024

48,348

53,494

10.6%

18.5%

Overseas

6,194

7,234

10,082

8,800

10,828

23.1%

3.8%

Subsidiaries

7,819

11,334

15,103

13,447

16,822

25.1%

5.8%

13%

15%

15%

12%

14%

87%

85%

85%

88%

86%

2012

2013

2014

1H2014

1H2015

Average Yield on Loan (%)

Page 7

200,742 250,638 277,622 257,530 288,723

12.1%

100.0%

11,2

10,9

10,6

10,5

10,2

2012

TOTAL

IDR

2013

2014

1H2014 1H2015

Loan Quality – Bank Only Special Mention by Segment 2012

2013

NPL Movement 2014

1H 2014

1H 2015

Corporate Overseas Middle Small Consumer

1,9% 4,3% 3,7% 4,6% 4,6%

2,0% 0,3% 2,2% 3,7% 4,7%

1,5% 0,0% 3,0% 4,0% 4,3%

1,7% 0,0% 3,3% 5,8% 6,2%

1,5% 0,4% 4,0% 4,6% 6,8%

Total %

3,4%

2,8%

2,6%

3,4%

3,3%

Total (Rp Mn) 6.574

6.747

6.877

8.403

9.056

2012

2013

2014

1H 2014

1H 2015

Corporate Overseas Middle Small Consumer

1,5% 1,4% 4,0% 5,5% 1,5%

1,2% 1,7% 3,1% 5,3% 1,2%

0,9% 1,7% 2,6% 5,1% 1,5%

1,3% 1,2% 2,7% 5,2% 1,5%

1,5% 1,5% 5,4% 6,8% 2,0%

Total %

2,8%

2,2%

2,0%

2,2%

3,0%

Total (Rp Mn)

5.484

5.198

5.151

5.355

8.114

58

131

114 1.270

4.535

NPL by Segment

Page 8

8.114 5.151

Beginning Downgrade Upgrade Installment Paid Off Balance 2014

Write Off

Ending Balance 1H15

Loan Quality – Bank Only Write off & Recovery

Coverage Ratio NPL (Rp Bn)

Write Off (Rp Bn)

138,8%

CKPN (Rp Bn)

76,6% Recovery (Rp Bn)

11.259

Coverage Ratio

64,3% Recovery vs Write Off

57,7%

56,6%

130,1%

50,2%

2.396

128,5% 6.746

2.051

2.038

6.703

6.679

128,9% 6.901

123,0% 912 719 3.169 2012

3.126 2013

3.552 2014

1.815 1H2014

1.270

5.198

5.151

5.355

8.114

1H2015

2012

2012

2013

2014

1H 2014

1H 2015

NPL (Rp Bn)

5,484

5,198

5,151

5,355

8,114

CKPN (Rp Bn)

6,746

6,679

6,703

6,901

11,259

123.0%

128.5%

130.1%

128.9%

138.8%

2012

2013

2014

1H 2014

1H 2015

Write Off (Rp Bn)

3,169

3,126

3,552

1,815

1,270

Recovery (Rp Bn)

2,038

2,396

2,051

912

719

Recovery Rate

64.3%

76.6%

57.7%

50.2%

56.6%

Page 9

5.484

Coverage Ratio

2013

2014

1H2014

1H2015

Action Plan to Address Asset Quality Issues  Action implemented in 1H-2015 to address slowing economy impact

• Case by case review of all corporate and middle segment loans • Dedicated task force to handle NPLs problem • Assigned each Board of Directors to monitor specific region to resolve issues quickly, re-assess our process and management up-close as well as aligning risk culture with current environment • Industry Segments identified for selective growth through this slow economic period

Page 10

Third Party Funds By Type [Rp Billion]

2012

2013

2014

Current

73.366

88.183

Saving

100.083

Time Deposit TOTAL CASA Ratio

1H 2014

1H 2015

82.743

87.965

90.784

3,2%

111.800

119.779

104.013

116.167

11,7%

84.212

91.907

111.371

122.219

120.309

-1,6%

257.661

291.890

313.893

314.197

327.260

4,2%

67,3%

68,5%

64,5%

61,1%

63,2%

By Currencies (%)

YOY

Cost of Third Party Funds [%] Non IDR

3,2

IDR

2,7

13%

16%

14%

16%

17%

87%

84%

86%

84%

83%

2012

2013

2014

1H2014 1H2015

2012

2,9

2,4

2013

2014

1H2014 1H2015

CASA increased Rp 15,0 Trillion or 7.8% Y.o.Y. whereas CASA Ratio increased to 63% Page 11

3,2

Profit & Loss Highlight [Rp Billion]

2012

2013

2014

1H2014

1H2015

Y.o.Y

Interest Income

22,705

26,451

33,365

15,538

17,679

13.8%

Interest Expense

(7,246)

(7,392)

(10,989)

(4,784)

(5,419)

13.3%

Net Interest Income

15,459

19,058

22,376

10,753

12,260

14.0%

256

494

133

80

391

388.9%

7,256

7,859

9,240

4,206

4,289

2.0%

22,972

27,412

31,748

15,039

16,940

12.6%

(11,805)

(13,485)

(14,760)

(6,707)

(7,853)

17.1%

Pre-Provision Income

11,166

13,926

16,988

8,333

9,087

9.1%

Provisioning

(2,525)

(2,708)

(3,642)

(2,204)

(5,999)

172.2%

259

59

178

79

13

-83.9%

Net Income before Tax

8,900

11,278

13,524

6,207

3,100

-50.1%

Net Income

7,046

9,054

10,783

4,936

2,430

-50.8%

378

486

578

265

130

-50.8%

Premium Income Net *) Non Interest Income Operating Income Operating Expense

Non Operational Income/(Expense)

Net Income Per Share (full amount)

*) We offset Premium Income with Insurance Expense from Non Interest Income & Operating Expense since 1H 2015 Page 12

Non Interest Income Breakdown [Rp Billion, %] 7,256 9,2%

28,1%

Breakdown Non Interest Income [Rp

7,859

9,240

4,206

4,289

8,3%

8,3%

8,0%

7,1%

20,1%

21,1%

27,2%

7,7% 7,5%

2,8%

6,8%

16,4%

6,8%

50,9%

16,1%

9,7%

54,4%

6,3% 7,8%

5,8%

63,3%

56,9%

2014

2013

2014

1H 2014

1H 2015

Gain/Loss on MS Recovery

Notes : We offset Premium Income with Insurance Expense from Non Interest Income & Operating Expense since 1H 2015

1H 2014 1H 2015

4.995 222 2.038

5.499 223 2.138

6.744 639 1.856

3.137 182 886

3.292 306 691

Total

7.256

7.859

9.240

4.205

4.289

Breakdown recurring fee Marketable Securities 8%

Card Business 17%

Forex Gain 5% ATM 14%

Debit Card Maintenance 3%

Provision & Commissions Forex Gain Others

Page 13

2013

Recurring Fee Non Recurring Fee Recovery

Total = Rp 3.292 Billion

43,5%

2012

2012

Billion]

Bank Guarantee 5%

Account Maintenance 17% Services Fee 6%

Others Custody & Syndication Bancassurance 7% 4% 5%

Trade Finance 4% Transfer & Bill Payment 3% Remittance 2%

Operating Expense Key highlights of OPEX [Rp Billion] 11,805

13,485

14,760

Cost to Income Ratio – Bank Only [%] 6,707

7,853

49,5 46,7

10,5%

8,7% 3,9% 6,9%

3,8% 6,9%

47,3%

45,1%

8,5% 9,2% 0,5% 0,7% 4,4% 4,0% 4,6% 5,7%

45,9%

47,9%

43,8

11,6% 1,2% 3,9% 4,1%

45,7%

2012

2013

2014

43,8

41,9

1H2014

1H2015

Breakdown General & Administrative Expenses Total = Rp 2,637 Billion

33,2%

33,7%

34,5%

34,1%

33,6%

Outsourcing 21% Communicatio ns 20% Rental Expenses 23%

2012

2013

G&A Promotion Exp OJK Fee Page 14

2014

1H2014

1H2015

Personel Exp Gtee Premium to LPS Others

Office Supplies 9%

Depreciations 17% Repairs & Maintenance 10%

Summary Solid performance in 1H2015 Loan Growth, NIM and Pre-Provision Income plus actions taken to control NPLs and re-align credit processes create foundation for improving results through Year End. Outlook 2015: Loan Growth: 3Rd Party Funds: NIM: OPEX: Coverage Ratio: NPL:

12% to 15% in targeted industries Focus on low cost funding Above 6% Improving with targeted efficiency programs to lower CIR Stable following increase to 139% in June 2.4% - 2.6% with actions implemented in 2Q

Long term outlook remains positive with solid top line growth

Page 15

Business & Consumer Banking

Corporate Business Infrastructure Loan (Rp Billion)

By Sector Economy Sectors *)

2013

2014

32.412

36.625

33.296

41.146

23,6%

30,3%

8.499

7.462

7.878

7.995

1,5%

5,9%

Agriculture

14.288

19.779

18.513

19.210

3,8%

14,1%

Business Services

12.715

13.283

13.100

13.272

1,3%

9,8%

(Rp Billion)

Manufacturing Trading, Resto & Hotel

Transport, Warehouse and Communications

14.652

14.921

1H2014

15.115

1H2015

Growth Compos Y.o.Y ition

16.042

6,1%

2.477

2.753

4.215

53,1%

3,1%

Electricity, Gas and Water

12.346

13.682

13.897

14.726

6,0%

10,8%

Mining

14.151

16.435

10.338

14.069

36,1%

10,3%

Social Services

1.054

1.392

1.334

1.345

0,8%

1,0%

Others

6.547

3.741

4.348

3.917

-9,9%

119.468

129.797

120.573

135.936

12,7%

Total Corporate & SOE *) include International Page 17

53.054

54.119

15% 15% 21% 25%

13% 17% 19% 26%

15% 17% 19% 27%

23%

26%

23%

2012

2013

2014

Telecommunication Toll Road & Construction Power Plant

By Currency

51.001 14% 18% 19% 17% 31%

62.328 15% 19% 14% 22% 30%

1H2014 1H2015 Transportation Oil & Gas

Foreign Currency Rupiah

29%

30%

30%

25%

28%

71%

70%

70%

75%

72%

2012

2013

2014

11,8%

2.803

Construction

43.489

1H2014 1H2015 Investment

By Type

Working Capital

36%

35%

38%

37%

38%

2,9%

64%

65%

62%

63%

62%

100,0%

2012

2013

2014

1H2014 1H2015

Medium & Small Business Government Program

By Sector Economy Sectors

1H2015

Growth Compos Y.o.Y ition

114

116

101

79

2013

2014

Manufacturing

13.202

15.507

13.692

15.970

16,6%

19,4%

5.622

Trading, Resto & Hotel

30.817

33.940

32.085

34.512

7,6%

41,8%

2012

(Rp Billion)

1H2014

103

4.821

3.985

2013

2014

4.617

1H2014 1H2015

Govt. Program (Rp Bn)

Agriculture

4.302

4.321

4.408

4.206

-4,6%

5,1%

Business Services

7.475

8.652

8.145

9.412

15,6%

11,4%

Construction Electricity, Gas and Water Mining Social Services Others Total Medium & Small Page 18

23 19

4.229

5.239

4.640

5.077

9,4%

Customers (000)

Average Balance per Customer 24

Transport, Warehouse and Communications

2.994

Medium (Rp Billion); 24 Small

21

6,2%

(Rp Million);

318

6.812

6.800

6.475

6.968

7,6%

532

438

620

41,7%

0,8%

1.509

1.949

1.586

1.865

17,5%

2,3%

3.730

3.681

3.791

3,0%

291

312

2012

2013

2014

275

8,4%

436

3.497

290

By Type

29

11

51

363,7%

0,1%

72.304

80.699

75.161

82.472

9,7%

100,0%

15%

15%

16%

15%

84%

85%

85%

31%

85% 85% Small -------------------------------------28% Medium 30% 30% 30%

69%

70%

72%

70%

70%

2012

2013

2014

1H2014

1H2015

4,6%

23

1H2014 1H2015

Investment Small Investment Medium

15%

Working Capital Small Working Capital Medium

Consumer Business Product (Rp Billion)

2012

2013

2014

1H2014

1H2015

GROWTH

Composition

[YoY - %]

[%]

Mortgage

25,286

31,733

33,341

32,695

33,093

1.2%

61.9%

Auto Loan

6,665

5,821

6,041

5,333

5,845

9.6%

10.9%

Credit Card

4,934

5,489

7,777

5,788

9,407

62.5%

17.6%

Multi Purpose

174

138

82

115

67

-41.4%

0.1%

Cash Collateral

709

665

576

576

556

-3.4%

1.0%

Payroll

830

926

1,265

1,042

1,524

46.3%

2.8%

Others

2,555

2,760

2,942

2,800

3,001

7.2%

5.6%

41,153

47,532

52,024

48,348

53,493

10.6%

100.0%

Total Consumer

Debit & Credit Cards Performance 20.228

27.370

17.856 15.920 1.650

1.587

1.664

17.018

17.419

10.650

4.673

4.573

11.874

13.037

10.139

2012

2013

2014

9.476

1H2014

5.271

10.426

1H2015

Credit Card Accts (000)

Debit Card Accts (000)

DC Trx Vol (Rp Bn)

CC Trx Vol (Rp Bn)

Page 19

2,4 2,3

2,2 1,8

2,0 1,7

1,6

1,4 0,6

2012

0,1

0,1

2013

1H 2014

Mortgage

0,5

0,5

2014

1H 2015

Credit Card

Auto

1. Mortgage, Credit Card and Payroll 2. Increase transaction volume through e-channel optimization

9.938 6.757

2,3

In 2015, Consumer Business will focus on

36.638 33.006

1.725

2,3

Acquiring Business

24.716

1.616

NPL by product (%)

42.678

56.272

71.007

64.839

76.075

2012

2013

2014

1H2014

1H2015

Number of EDC

Sales Vol (Rp Bn)

3. Maintain NIM and NPL

E-Banking ATM

ATM

ATM

#ATM (000)

#Transaction (Million)

#Trx Value (Rp Trillion)

14,1

14,1 11,2

11,2

702 483

8,2

573 330

388

287

350

E-Banking fees a significant and growing part of our Non Interest Income

424 199

228

Total Fee Income related to E-Banking 12

13

14

1H 2014 1H 2015

12

13

14

1H 2014 1H 2015

12

13

14

SMS Banking

SMS Banking

SMS Banking

#User (Million)

#Transaction (Million) 185

#Trx Value (Rp Trillion)

4,8

5,6

6,4

6,0

7,1

12

13

14

1H 2014 1H 2015

Internet Banking #User (000)

928

870

831

12

87

13

2Q14

12

116

9

7

2Q15

12

11

552

13

14

Internet Banking

Internet Banking

#Transaction (Million)

#Trx Value (Rp Trilion)

2Q14

2Q15

424 340

53

9

9 6

6

38 25

24

32

12 12

Page 20

13

14

2Q14

528

14

713

611

14

793

19

130 84

(Rp Billion)

1H 2014 1H 2015

2Q15

12

13

14

2Q14

2Q15

12

13

14

2Q14

2Q15

13

14

1H14 1H15

Thank you

Disclaimer: This report has been prepared by PT Bank Negara Indonesia (Persero) Tbk (Bank BNI) independently and is circulated for the purpose of general information only, It is not intended to the specific person who may receive this report, The information in this report has been obtained from sources which we deem reliable, No warranty (expressed or implied) is made to the accuracy or completeness of the information, All opinions and estimations included in this report constitute our judgment as of this date and are subject to change without prior notice, We disclaim any responsibility or liability without prior notice of Bank BNI and/or their respective employees and/or agents whatsoever arising which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither Bank BNI and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise,

PT Bank Negara Indonesia (Persero) Tbk Investor Relations Group Corporate Secretary & Communications Division, BNI Building, 24th Floor Jl Jend Sudirman kav. 1 Jakarta 10220 T: 62-21-5728449 F: 62-21-5728053 E: [email protected]

About BNI

Board of Directors

Page 23

Achmad Baiquni President Director

Suprajarto Vice President Director

Previously: CFO of BRI, MD of BNI

Previously: MD of BRI

Anggoro Eko Cahyo MD – Consumer Banking

Herry Sidharta MD – Business Banking 1

Sutanto MD – Business Banking 2

Previously: GM Human Capital, Region Head

Previously: Director of JAMKRINDO

Previously: MD of BNI

Adi Sulistyowati MD – Channel & Services

Rico Budidarmo Chief Financial officer

Previously: GM Network, Region Head

Previously: MD of BTN

Bob Tyasika Ananta MD – Operation & IT

Imam Budi Sarjito MD – Compliance & Risk Mgt

Previously: GM Strategic Planning, GM International Division

Previously: GM Enterprise Risk Mgt, Commissioner of BNI Syariah

Board of Commissioners

Page 24

Rizal Ramli President Commissioner

Pradjoto Vice President Commissioner

Previously: Coordinator Ministry of Economy 2000-2001

Previously: Commissioner of Bank Mandiri 2005-2015

Daniel Theodore Sparringa Commissioner

Kiagus Ahmad Badaruddin Commissioner

Anny Ratnawati Independent Commissioner

Currently: Lecturer at University of Airlangga, Surabaya

Currently: Secretary General of Ministry of Finance

Previously: Deputy Ministry of Finance, 2010-2014

Jos Luhukay Independent Commissioner

Zulkifli Zaini Independent Commissioner

Previously: Vice President Director of Bank Danamon

Previously: CEO of Bank Mandiri, Commissioners of PLN

Revrisond Baswir Independent Commissioner

Pataniari Siahaan Commissioner

Currently: Head of Population Economy Studies, University of Gadjah Mada, Commissioners of PTPN XI

Currently: Lecturer at University of Trisakti

Network & Distribution BNI’s multiple touch points for individual and corporate customers Mobile banking

ATMs (14.157)

Call Center

Outlets (1781)

Consumer loan centers (12)

Small business centers (58)

Overseas offices Singapore (Nov 1955) Hong Kong (Apr1963) Tokyo (Sep 1969) & Osaka (2013) London (1987) New York Agency (Apr 1971)

Indonesia (1775 Outlets)

Individual customer highlights

Medium business centers (24)

BNI has also entered into key arrangements with prominent companies for payment channeling, financing, loan distribution, and network/outlet development

Corporate/SME customer highlights

 14,7 mn deposit accounts

 375.919 corporate deposit accounts

 1,7 mn credit cards

 1.842 corporate borrowers accounts

 160.487 mortgage customers

 137.744 SME lending accounts

Platform for efficient and effective cross-selling of products and services

Page 25

BNI Ratings 2007

2015

AA- (idn) BB/Stable B D BB-

AA+ (idn) BBB-/Stable F3 WD --

Standard & Poor's

Credit rating Long term issuer credit rating Subordinated rating

BB-/Stable/B BBB

BB/Positive/B BB --

Moody's

Bank Deposits Senior Unsecured Bank Financial Strength Rating Outlook

B1 Ba2 DStable

Baa3 Baa3 D+ Stable

Pefindo

Corporate rating / Outlook Bond 1 Subordinated

idAA-/Stable

idAAA/Stable

idAA-/Stable

--

idA+/Stable

--

Fitch Rating

Page 26

National long term rating Long term foreign & local currency Short term foreign & local currency Individual rating Subordinated debt

BNI Shares BBNI shares performance

BBNI Public Ownerships [40.00%] Individual Domestic 4%

Cooperation 0%

Foundation 0%

Pension Fund 3% Bank 0%

Insurance 6%

Other Institution 0%

Institution Domestic 5%

Mutual Fund 12% Institution Foreign 72% Individual Foreign 0%

As June, 2015

Ownerships

%

BNI’s close price June 30, 2015 (Rp 5,300) was 11.2% higher than on June 30, 2014 (Rp 4,765)

Government RI

60.00%

Public – Domestic

11.29%

 Issued shares 18.648.656.458 shares  Price [June 30, 2015] : Rp 5,300  Market Capitalization : Rp. 98.8 trillion [+/- US$ 7,4 billion]

Public - Foreign

28.71%

Page 27

Macro Economy

Macro & Banking Sector Indonesia Trade Balance

GDP Component by Expenditure 6,17%

6,03%

(in USD Billion)

5,02%

0,64 0,66

4,71% 56% 7%

56% 9%

55% 9%

55% 9%

55% 10%

32%

33%

33%

33%

33%

26%

25%

25%

24%

22%

-24%

-25%

-24%

-24%

-21%

2011

2012

2013

2014

1Q2015

Exchange Rate

12.171 12.388

12.672

0,19

0,05

0,02

Private Consumption Govt. Spending

0,47

0,48

(0,26) (0,29)

Fix.Cap. Formation

(0,31)

(0,42)

Export Import

Foreign Reserve (in USD Billion) and Exchange Rate (in IDR/USD) Foreign Reserve

1,08

1,02

5,58%

Interest Rate and Inflation %YoY

13.224 13.339 12.932 13.074 12.963

BI Rate; 7,50 6,00

9.793

4,50

YoY Inflation; 7,26 FASBI Rate; 5,50

9.069 110

113

99

2011

2012

2013

112

116

112

111

111

108

2014 Jan-15 Feb-15 Mar-15 Apr-15 Mei-15 Jun-15

Source: Bank Indonesia, BPS Page 29

114

3,79 2011 2012 2013 2014 Jan-15 Feb-15 Mar-15 Apr-15 Mei-15 Jun-15

Banking Sector Highlights Banking Sector Highlights in IDR Trillion Dec-12 Dec-13 Apr -14 Dec-14 Apr-15

Macro & Banking Assumptions YoY ∆

YTD ∆

MACROECONOMIC

2014

2015 BNI VIEW

Total Assets

4,263

4,954

5,008

5,615

5,793

15,7%

3.2%

GDP Growth (%)

5.1

5.0-5.5

Total Loan

2,708

3,293

3,361

3,674

3,712

10.4%

1.0%

Inflation (%)

8.36

4.5 – 5.5

Total Deposits

3,225

3,664

3,695

4,114

4,218

14.2%

2.5%

Currency (IDR/USD)

11,878

12,800-13,300

7.75

7.25 – 7.50

2014

2015 BNI VIEW

Loan Growth (%)

11.6

13.0 – 15.0

Deposit Growth (%)

12.3

14.0 - 16.0

BI Rate (%) NIM

5.49%

4.89%

4,26%

4.23%

5,30%

NPL

1.87%

1.77%

2,05%

2.20%

2,48%

LDR

84.0%

89.7%

90,8%

89.4%

87,9%

CAR

17.4%

18.1%

19,3%

19.4%

20,8%

BANKING SECTOR

Source: Bank Indonesia & BNI estimate

 As of April 2015, Indonesia Banking Loan grew at 10.4% yoy, while year to date growth at very low level (1.0%).

 Deposit growth of 14,2% yoy improve liquidity situation  Industry NPL’s as of April 2015 jump to 2.48% from 2,05% in April 2014 last year  NIM increase more than 100bps to 5.3% in April 2015 compare to Decsember 2014 level (4,23%)

Page 30

5 years Financial Data

Balance Sheet (Rp Billion) – Cumulative

2010

2011

2012

2013

2014

1H2014

1H2015

248,581

299,058

333,304

386,655

416,574

407,817

430,966

5.7%

Placement with other banks & BI

38,385

49,329

32,621

23,475

14,530

26,024

21,249

-18.3%

Marketable Securities [market value]

13,229

7,668

9,817

8,528

12,743

12,362

8,665

-29.9%

Government Bonds

32,556

36,958

38,561

44,884

43,830

43,334

43,960

1.4%

Loans [gross]

136,357

163,533

200,742

250,638

277,622

257,529

288,723

12.1%

Third Party Funds

194,375

231,296

257,661

291,890

313,893

314,196

327,260

4.2%

Deposits from other Banks

3,476

7,019

3,245

3,185

3,177

4,690

5,042

7.5%

Marketable Securities Issued

1,277

265

4,769

6,037

6,158

5,887

7,133

21.2%

Borrowings

5,473

8,726

8,750

18,951

11,212

9,119

8,829

-3.2%

33,150

37,843

43,525

47,684

61,095

55,542

61,059

9.9%

Total Assets

[market value]

Shareholders’ Equity

Page 32

Y.o.Y

Profit & Loss [Rp Billion]

2010

2011

2012

2013

2014

Interest Income

18,837

20,692

22,705

26,451

33,365

15,538

17,679

13.8%

Interest Expense

(7,100)

(7,496)

(7,246)

(7,392)

(10,989)

(4,784)

(5,419)

13.3%

Net Interest Income

11,737

13,196

15,459

19,058

22,376

10,753

12,260

14.0%

(15)

128

256

494

133

80

391

388.9%

5,716

6,563

7,256

7,859

9,240

4,206

4,289

2.0%

Operating Income

17,438

19,887

27,412

31,748

15,039

16,940

12.6%

Operating Expense

(8,300)

(10,224)

(11,805)

(13,485)

(14,760)

(6,707)

(7,853)

17.1%

9,138

9,663

11,166

13,926

16,988

8,333

9,087

9.1%

(3,629)

(2,421)

(2,525)

(2,708)

(3,642)

(2,204)

(5,999)

172.2%

(24)

219

259

59

178

79

13

-83.9%

Net Income before Tax

5,485

7,461

8,900

11,278

13,524

6,207

3,100

-50.1%

Net Income

4,102

5,826

7,046

9,054

10,783

4,936

2,430

-50.8%

266

312

378

486

578

265

130

-50.8%

Premium Income Net *) Non Interest Income

Pre-Provision Income Provisioning Non Operational Inc/(Exp)

Net Income Per Share (full amount)

22,972

*) We offset Premium Income with Insurance Expense from Non Interest Income & Operating Expense since 1H 2015

Page 33

1H2014

1H2015

Y.o.Y

Financial Ratios [%]

2010

2011

2012

2013

2014

1H2014

1H2015

CAPITAL Shareholders equity to total assets

15.7

13.0

13.4

12.7

14.3

13.0

13.9

Tier I – CAR (include operational risk)

16.6

15.9

15.2

14.2

15.3

14.9

14.3

Tier II – CAR (include operational risk)

2.0

1.8

1.5

0.9

0.9

1.1

2.8

18.6

17.6

16.7

15.1

16.2

16.0

17.1

Net Non Performing Loan

1.1

0.5

0.8

0.5

0.4

0.6

0.8

Gross Non Performing Loan

4.3

3.6

2.8

2.2

2.0

2.2

3.0

120.6

120.8

123.0

128.5

130.1

128.9

138.8

Total CAR (credit, market + operational risk)

ASSET QUALITY

Allowance for possible loan losses to gross NPL

Page 34

YoY

Financial Ratios 2010

2011

2012

2013

2014

1H2014

1H2015

ROA

2.5

2.9

2.9

3.4

3.5

3.3

1.5

ROE

24.7

20.1

20.0

22.5

23.6

22.6

9.5

5.8

6.0

5.9

6.1

6.2

6.0

6.5

Cost to Income Ratio

51.3

49.8

49.5

46.7

43.8

42.1

43.8

Operating Expense to Operating Income [BOPO]

76.0

72.6

71.0

67.1

69.8

68.6

87.4

70.2

70.4

77.5

85.3

87.8

80.3

87.6

Statutory Reserve Requirement (Rupiah)

8.2

8.7

8.5

8.1

8.1

8.1

8.1

Net Open Position

4.4

2.8

2.1

3.4

1.6

2.2

3.6

[%]

RENTABILITY *)

Net Interest Margin

EFFICIENCY

LIQUIDITY Loan to Deposit Ratio

COMPLIANCE

*)

Based on BI Formula – Bank Only

Page 35

YoY