PT. BANK NEGARA INDONESIA (PERSERO) TBK

CORPORATE PRESENTATION FY-2015

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

Agenda Page 2



Corporate Update



Highlight Result FY2015



Financial Performance FY-2015



Business & Consumer Banking



Appendix 

About BNI



Macro Economy



5 years Financial Data

Corporate Update Page 3

EGM January 12,2016

Share Buyback

Asset Revaluation

Restructuring Progress

Appointed 1. Mr. Hartadi A Sarwono as President Commissioner, 2. Mr. Bistok Simbolon as Commissioner 3. Mr. Panji Irawan as Managing Director  Value: Rp. 749,98 billion  Volume: 150,5 millions shares.  Usage Plan: bonus stock for our employees. Nilai Buku sebelum Revaluasi/ Carrying Amount Before Revaluation Tanah Bangunan Jumlah

1,731,909 1,115,110 2,847,019

Nilai Buku Setelah Revaluasi/ Carrying Amount after Revaluation 12,297,409 2,886,536 15,183,945

Keuntungan (Kerugian) Revaluasi/ Gain (Loss) Revaluation 10,565,500 Land 1,771,426 Buildings 12,336,926 Total

Final Income Tax charged to revaluation increment is Rp 190,1 billion.

Total loan restructuring in 2015 was Rp 14.4 Trillion and 69,8% maintained in pass category.

Highlight Result FY2015 Page 4

Balance Sheet Highlight [Rp Bn] 508,595

416,574

386,655

370,421

 18.0%

326,105

 17.5%

313,893

291,890 277,622

2014

Total Asset

Third Party Funds

Income Statement Highlight [Rp Bn] 25,560

2015 Loan

19,312

 -15.9%

10,783

9,054

2013 Net Interest Income

9,067

6,998

7,282

2014

2015

Net Profit

 4.1%

Non Interest Income

Profitability & Efficiency Ratios [%]

Asset Quality Ratios [%] 140.4

46.7

44.2

43.8

23.6

22.5

130.1

2.7

128.5 2.2

 12.3%

22,761

5,467

250,638

2013

 22.1%

17.2

2.0 0.9

0.5

6.4

6.3

6.2

0.4

2013 Coverage Ratio

2014 NPL (Gross)

2015 NPL (Net)

3.4

3.5

2.7

2013

2014

2015

CIR

ROE

NIM

ROA

Highlight Result FY2015 Page 5

Liquidity Ratios [%]

Capital Ratios [%] Total CAR

19.5 94.5

Tier-1 CAR

87.8 16.2 16.9

15.1

85.6 85.3

90.3 87.8

86.7

83.6

15.3 14.3

LDR (Rp) LDR

75.5

LDR (FX)

2013

2014

2015

2013

Asset Revaluation Increment posted in Tier-1 Capital

2014

2015

Our Outlook for 2016 Page 6

Forecast Macro 2016

BNI 2016

INDONESIA  GDP:  Inflation:  USD Exchange:  BI Rate:

 Loan Growth: 16.0 – 18.0%  Deposit Growth: 14.0 – 16.0%

5.0 – 5.5% 4.0 – 5.0% 13.500 – 14.000 7.0 – 7.5%

BANKING SECTOR  Loan Growth: 12.0 – 15.0%  Deposit Growth: 11.0 – 14.0%

 FBI Growth:  OPEX Growth:

6 – 9% 11 – 13%

   

2.3 – 2.5% 150 – 155% minimum 6.0% 90 – 92%

NPL: Coverage Ratio: NIM: LDR:

Growth Driver Opportunity from many Infrastructure Project Government commitment to boost economic growth will create opportunity for Bank to participate

Opportunity created from value chain between Business Banking and Consumer.

PT. BANK NEGARA INDONESIA (PERSERO) TBK

FINANCIAL PERFORMANCE FY- 2015

Balance Sheet Highlight Page 8

2013

[Rp Billion]

Total Assets

2014

2015

Y.o.Y

386,655

416,574

508,595

22.1%

Placement with other banks & BI

23,475

14,530

33,417

130.0%

Marketable Securities [market value]

8,528

12,743

9,964

-21.8%

44,884

43,830

47,222

7.7%

Loans (gross)

250,638

277,622

326,105

17.5%

Third Party Funds

291,890

313,893

370,421

18.0%

Deposits from other Banks

3,185

3,177

4,698

47.9%

Marketable Securities Issued

6,037

6,158

6,871

11.6%

Borrowings

18,951

11,212

22,524

100.9%

Shareholders’ Equity

47,684

61,021

78,438

28.5%

Government Bonds

[market value]

Loan Composition Page 9

Loan Composition [%. Rp Billion]

Consumer

Business Banking

Segment

2013

Loan by Currency (%) 2014

2015

Growth

Composition

[YoY - %]

[%]

Corporate

68,385

72,874

80.239

10.1%

24.6%

SOE

43,849

46,841

57.671

23.1%

17.7%

Medium

30,722

40,324

51.147

26.8%

15.7%

Small

41,582

40,374

42.076

4.2%

12.9%

SUBTOTAL

184,538

200,413

231.133

15.3%

70.9%

Mortgage

31,733

33,341

34.664

4.0%

10.6%

Credit Card

5,489

7,777

9.789

25.9%

3.0%

Other Consumer

10,310

10,906

13.087

20.0%

4.0%

SUBTOTAL

47,532

52,024

57.540

10.6%

17.6%

Overseas

7,234

10,082

19.538

93.8%

6.0%

Subsidiaries

11,334

15,103

17.896

18.5%

5.5%

Non IDR

15%

15%

14%

85%

85%

86%

2013

2014

2015

Average Yield on Loan (%) – Bank Only

10.9

250,638

277,622

326.105

17.5%

100.0%

11.1

10.2

2013 TOTAL

IDR

2014

2015

Loan Quality – Bank Only Page 10

Special Mention by Segment [%, Rp Bn] 6,747

6,877 4.3

4.7

3.7

4.0

2.8 2.2

3.0

2.6

NPL Movement [Rp Bn] 8,774 Consumer, 4.9

Small, 3.5 Total SML, 2.8

2,070

Corporate, 2.4

1,104

Middle, 2.3

2.0 1.5

0.3

-

2013

2014

8,790

2,453

Overseas, 0.2

2015

NPL by Segment [%] 5,198

5,152

8,315

8,315

5.3

5.1

3.1 1.7 1.2 1.2

2.6

2.2

2013

2.01.7

5,152

Small, 4.0 Middle, 3.9

Total NPL, 2.7 Corporate, 2.3 Consumer, 2.2

1.5 0.9

2014

Overseas, 0.8

2015

Beginning Downgrade Balance 2015

Upgrade

Installment & Paid Off

Write Off

Ending Balance 2015

Loan Quality – Bank Only Page 11

Write off & Recovery Write Off (Rp Bn)

Coverage Ratio 76.6%

140.4%

NPL (Rp Bn)

Recovery (Rp Bn)

72.1%

Recovery vs Write Off

CKPN (Rp Bn) Coverage Ratio

11,678

57.7% 2,396

2,051

6,679

1,769

130.1%

6,703

128.5%

3,126 2013

3,552 2014

2,453

5,198

2015

2013

2014

2015

Write Off (Rp Bn)

3,126

3,552

2.453

Recovery (Rp Bn)

2,396

2,051

Write Off / Recovery

76.6%

57.7%

2013

5,152

8,315

2014

2015

2013

2014

2015

NPL (Rp Bn)

5,198

5,152

8.315

1.769

CKPN (Rp Bn)

6,679

6,703

11.678

72.1%

Coverage Ratio

128.5%

130.1%

140.4%

Lower write-off encourage discipline and increased responsibility of our loan officers

Progress on Loan Restructuring Page 12

Type of Loan Restructuring [Rp Bn]

Loan Restructuring by Collectibility [Rp Bn, %] 20,707

Extension of Loan Maturity, Reduction of Interest Rates and Others Extension of Loan Maturity and Reduction of Interest Rates

6,364

6,888

9,868

14,838

20,707

16.4%

18.3%

21.4%

18.3%

24.6%

21.3%

18.5%

14,838 11,183

Extension of Loan Maturity

9,868

6,364

9.8%

12.0% 22.4%

Special Mention

8,227

6,888 6,688

6,345

71.7%

59.0%

60.4%

56.2%

1Q2015

1H2015

3Q2015

4,070

4,933

5,031

497 933

797 1,060

2,203 977

2,541

3,180

2014

1Q2015

1H2015

3Q2015

2015

Profile of Restructured Loan [EOY2015]

100%

Agriculture 4.0%

 Rp 11,2T or 55,4% is combination of extensions of loan maturity, reduction interest rate & others  69,7% of Restructured Loan is in Pass Category (Cat.1)

90%

Mining 20.2%

 Manufacturing (24,5%), Mining (20,2%) and Trading, Resto & Hotel (17,4%) are Top-3 dominated sectors

50%

 Rupiah & Working Capital Loan are majority of our Restructured Loan  Corporate and Medium are most dominated segment

80% 70% 60%

Trading Resto & Hotel 17.4%

30%

Transportation Warehouse & Communications 12.5%

10% 0%

69.7%

Pass

2015

Consumptive 6.2% USD 31.3%

Investment 37.5%

Manufacturing 24.5%

40%

20%

2014

NPL

Medium 31.1%

Small 13.7%

Rupiah 68.7%

Working Capital 56.3%

Corporate 49.0%

Electricity Gas & Water 2.6% Others 6.8%

Construction 6.0% Consumer 6.2%

Business Services 5.6%

Sectors

Currency

Type of Loan

Segmentation

Third Party Funds Page 13

291.890

313.893

68.5%

64.5%

61.1%

144,161

111,371

91,907

By Type [Rp Billion]

370.421

Time Deposit Saving

111,800

135,065

119,779

Current Account CASA Ratio

88,183

82,743

91,194

2013

2014

2015

By Currencies (%)

Cost of Fund [%] – Bank Only Non IDR

16%

14%

IDR

3.2

16%

3.1

2.4 84%

86%

84%

2013

2014

2015

2013

2014

2015

CASA Fund grew 11,7% and Third Party Fund grew 18,0% with lower Cost Of Fund at 3,1%

Profit & Loss Highlight Page 14

[Rp Billion]

2013

2014

2015

Y.o.Y

Interest Income

26,705

33,750

36,895

9.3%

Interest Expense

(7,392)

(10,989)

(11,335)

3.1%

Net Interest Income

19,312

22,761

25,560

12.3%

494

132

826

523.3%

Non Interest Income

5,467

6,998

7,282

4.1%

Recovery

2,138

1,856

1,590

-14.3%

27,411

31,748

35,258

11.1%

(13,485)

(14,760)

(16,510)

11.9%

Pre-Provision Income

13,926

16,988

18,748

10.4%

Provisioning

(2,708)

(3,642)

(7,336)

101.4%

59

178

54

-69.7%

11,278

13,524

11,466

-15.2%

9,054

10,783

9,067

-15.9%

486

578

487

-15.7%

Premium Income Net

Operating Income Operating Expense

Non Operational Income/(Expense) Net Income before Tax Net Income Net Income Per Share (full amount)

Non Interest Income Page 15

Breakdown [Rp Billion, %]

Breakdown Non Interest Income [Rp

Billion]

5,467

6,998

7,282

12.0%

10.9%

8.5%

Recurring Fee Non Recurring Fee

5,245 223

6,359 639

6,799 483

7.1%

Total

5,467

6,998

7,282

9.9%

8.4%

9.7% 9.8%

12.8%

2013

Card Business 17%

68.5%

66.3%

Marketable Securities 9%

2014

Provision & Commissions Forex Gain

2015 Gain/Loss on MS Others

Custody & Syndication Bancassurance 5% 5%

Forex Gain 5% ATM 14%

Debit Card Maintenance 3%

Bank Guarantee 6%

Account Maintenance 17%

2013

2015

Breakdown recurring fee Total = Rp 6,799 Billion

76.1%

2014

Others 8%

Trade Finance 6% Transfer & Bill Payment 3% Remittance 2%

Operating Expense Page 16

Key highlights of OPEX [Rp Billion] 13,485

10.5% 3.8% 6.9%

14,760

9.2% 4.0% 5.7%

Cost to Income Ratio – Bank Only [%] 16.510

46.7

45.9%

44.6%

34.5%

2014

2015

Breakdown General & Administrative Expenses Total = Rp 5,758 Billion

33.7%

44.2

10.4% 1.1% 3.6% 5.4%

2013 45.1%

43.8

34.9%

Outsourcing 18%

Communicatio ns 18% Depreciations 13%

Rental Expenses 20%

2013 G&A Promotion Exp OJK Fee

2014

Repairs & Maintenance 8%

2015 Personel Exp Gtee Premium to LPS Others

Others 5%

Office UtilitiesOffice Supplies & Trans 9% 9%

PT. BANK NEGARA INDONESIA (PERSERO) TBK

BUSINESS & CONSUMER BANKING

Corporate Business Page 18

Infrastructure Loan (Rp Billion)

By Sector Economy Sectors *) (Rp Billion)

Manufacturing Trading, Resto & Hotel Agriculture

2013

2014

2015

Growth Y.o.Y

Composi tion

32.412

36.625

50.703

38,4%

32,2%

8.499

7.462

7.838

5,0%

5,0%

14.288

19.779

23.307

17,8%

14,8%

Business Services

12.715

13.283

13.868

4,4%

8,8%

Transport, Warehouse and Communications

14.652

14.921

17.694

18,6%

11,2%

Construction Electricity, Gas and Water

2.803

2.477

6.643

168,2%

4,2%

12.346

13.682

17.605

28,7%

11,2%

53.054

54.119

66.193

13% 17% 19%

15% 17% 19%

26%

27%

17% 19% 17% 18%

26%

23%

29%

2013

2014

2015

Telecommunication Toll Road & Construction Power Plant

Transportation Oil & Gas

By Currency [%]

Foreign Currency Rupiah

30%

30%

27%

70%

70%

73%

2013

2014

2015 Investment

By Type [%] Mining

14.151

16.435

13.064

-20,5%

8,3%

Social Services

1.054

1.392

1.801

29,4%

1,1%

35%

38%

39%

Others

6.547

3.741

4.922

31,6%

3,1%

65%

62%

61%

119.468

129.797

157.446

21,3%

100,0%

2013

2014

2015

Total Corporate & SOE *) including Overseas

Working Capital

Medium Business Page 19

By Currency [%]

By Sector Economy Sectors (Rp Billion)

Manufacturing

2013 9.376

2014 11.929

2015 14.086

Growth Y.o.Y 18,1%

6%

6%

5%

94%

94%

95%

2013

2014

2015

Composi tion 27,5%

Trading, Resto & Hotel

7.894

11.196

15.043

34,4%

29,4%

Agriculture

1.486

1.838

2.197

19,5%

4,4%

Business Services

2.270

3.436

5.111

48,8%

10,0%

Rupiah

Foreign Currency

Average Balance per Customer 24

23

26

Medium (Rp Billion))

19

Transport, Warehouse and Communications

2.899

3.922

4.566

16,4%

8,9%

Construction

4.199

4.625

5.567

20,4%

10,9%

342

462

771

66,9%

1,5%

Mining

1.247

1.670

1.668

-0,1%

3,3%

Social Services

1.009

1.246

2.137

71,5%

Total Medium

30.722

40.324

51.147

26,8%

Electricity, Gas and Water

2012

2013

2014

2015

By Type [%] 30%

28%

32%

4,2%

70%

72%

68%

100,0%

2013

2014

2015

Working Capital Medium

Investment Medium

Small Business Page 20

Government Program

By Sector Economy

114

Sectors (Rp Billion)

Manufacturing Trading, Resto & Hotel

2013

2014

Growth Y.o.Y

2015

101

Composi tion

68

3.826

3.579

3.949

10,3%

9,4%

4,821

3,985

5,100

22.923

22.744

24.413

7,3%

58,0%

2013

2014

2015

Govt. Program (Rp Bn)

Agriculture

2.816

2.483

2.491

0,3%

5,9%

Business Services

5.205

5.216

5.073

-2,7%

12,1%

Transport, Warehouse and Communications

1.330

1.317

1.339

1,7%

3,2%

Construction

2.613

2.175

2.177

0,1%

5,2%

Electricity, Gas and Water

Customers (000)

Average Balance per Customer Small (Rp Million) 430

94

70

53

-24,6%

290

291

312

2012

2013

2014

2015

0,1%

By Type [%] Mining Social Services Others

Total Small

262

279

249

-10,6%

0,6%

2.488

2.484

2.323

-6,5%

5,5%

23

29

9

-69,0%

0,0%

41.582

40.375

42.076

4,2%

100,0%

15%

15%

15%

85%

85%

85%

2013

2014

2015

Working Capital Small

Investment Small

Consumer Business Page 21

Product (Rp Billion)

GROWTH

Composition

[YoY - %]

[%]

2013

2014

2015

Mortgage

31,733

33,341

34,664

4.0%

60.2%

Auto Loan

5,821

6,041

5,430

-10.1%

9.4%

Credit Card

5,489

7,777

9,789

25.9%

17.0%

Multi Purpose

138

82

55

-32.5%

0.1%

Cash Collateral

665

576

603

4.6%

1.0%

Payroll

926

1,265

3,929

210.6%

6.8%

Others

2,760

2,942

3,071

4.4%

5.3%

47,532

52,024

57,540

10.6%

100.0%

NPL by product (%) 2.7 2.6

2.3 1.8 1.4

1.6

0.9

1.0 0.6

Total Consumer

2013 Mortgage

32,498

36,638

36,284

24,716

1.

Payroll loan due to lower penetration and many opportunity from payroll through BNI

2.

Credit Card and Mortgage

3.

Increase transaction volume through e-channel optimization

4.

Maintain NIM and NPL

1,665 11,693

33,006

6,757 13,037

10,139

11,073

2013

2014

2015

Credit Card Accts (000) DC Trx Vol (Rp Bn)

Payroll

In 2016, Consumer Business will focus on

1,616 20,228

9,938

Credit Card

2015

Acquiring Business

Debit & Credit Cards Performance

1,650

2014

Debit Card Accts (000) CC Trx Vol (Rp Bn)

56,272

71,007

95,721

2013

2014

2015

Number of EDC

Sales Vol (Rp Bn)

E-Banking Page 22

ATM #ATM (000) 14.1

ATM

ATM

#Transaction (Million)

#Trx Value (Rp Triliun)

15.9

851

750 619

11.2

424

350

2013

2014

2015

2013

2014

2015

2013

2014

SMS Banking

SMS Banking

#User (million)

#Transaction (Million)

#Trx Value (Rp Triliun) 257

5.5

3.5

134

185

534

Total Fee Income related to E-Banking

SMS Banking

4.7

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

(Rp Billion)

2015

1,114 26

17

18

793 2013

2014

2015

2013

2014

20153

2013

2014

2015

552

Internet Banking

Internet Banking

Internet Banking

#User (000)

#Transaction (Million)

#Trx Value ( Rp Triliun) 68

1046

20

820 611

2013

9

2014

2015

2013

14

2014

2015

53 38

2013

2014

2015

2013

2014

2015

PT. BANK NEGARA INDONESIA (PERSERO) TBK

ABOUT BNI

Board of Directors Page 24

Achmad Baiquni President Director

Suprajarto Vice President Director

Previously: CFO of BRI, MD of BNI

Previously: MD of BRI

Rico Budidarmo MD – Finance & Business Risk [CFO] Previously: MD of BTN

Bob Tyasika Ananta MD – Planning & Banking Operation Previously: GM Strategic Planning, GM International Division

Herry Sidharta MD – Corporate Banking Previously: Director of JAMKRINDO

Adi Sulistyowati MD – Institutional Relations & Transactional Banking Previously: GM Network, Region Head

Anggoro Eko Cahyo MD – Consumer Banking Previously: GM Human Capital, Region Head

Imam Budi Sarjito MD – Compliance & Enterprise Risk Previously: GM Enterprise Risk Mgt, Commissioner of BNI Syariah

Sutanto MD – Retail Banking

Panji Irawan *) MD – Treasury & international

Previously: MD of BNI

Previously : GH Treasury of PT Bank Mandiri Tbk

*) efektif setelah mendapat keputusan fit and proper test dari OJK

Board of Commissioners Page 25

Pradjoto Vice President Commissioner

Hartadi A. Sarwono *) President Commissioner Previously: President Director Lembaga Pengembangan Perbankan Indonesia

Previously: Commissioner of Bank Mandiri 2005-2015

Daniel Theodore Sparringa Independent Commissioner

Zulkifli Zaini Independent Commissioner

Anny Ratnawati Independent Commissioner

Currently: Lecturer at University of Airlangga, Surabaya

Previously: CEO of Bank Mandiri, Commissioners of PLN

Previously: Deputy Ministry of Finance, 2010-2014

Jos Luhukay Independent Commissioner

Kiagus Ahmad Badaruddin Commissioner

Previously: Vice President Director of Bank Danamon

Currently: Secretary General of Ministry of Finance

Pataniari Siahaan Commissioner

Revrisond Baswir Commissioner

Bistok Simbolon *) Commissioner

Currently: Lecturer at University of Trisakti

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

Currently: Deputy Cabinet Secretary Republik of Indonesia

*) efektif setelah mendapat keputusan fit and proper test dari OJK

Network & Distribution Page 26

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

ATMs (16.071)

Call Center

Outlets (1833)

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) Seoul (2015)

Indonesia (1826 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

 17,0 mn deposit accounts

 392.029 corporate deposit accounts

 1,7 mn credit cards

 2.100 corporate borrowers accounts

 163.053 mortgage customers

 125.597 SME lending accounts

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

BNI Ratings Page 27

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

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

BNI Shares Page 28

BBNI shares performance

BBNI Public Ownerships [40.00%] Individual Domestic 4%

Cooperation 0%

Foundation 0%

Pension Fund 3% Insurance 6% Bank 2%

Institution Domestic 8%

Institution Foreign 66%

Other Institution 0% Mutual Fund 12%

Individual Foreign 0%

As September, 2015

BNI’s close price December 30, 2015 (Rp 4,990) was 18.2% lower than December 30, 2014 (Rp 6,100)

 Issued shares 18.648.656.458 shares  Price [December 30, 2015] : Rp 4,990  Market Capitalization : Rp. 93.0 trillion [+/- US$ 6,7 billion]

Ownerships

%

Government RI

60.00%

Public – Domestic

13.78%

Public - Foreign

26.22%

PT. BANK NEGARA INDONESIA (PERSERO) TBK

MACRO ECONOMY

Macro & Banking Sector Page 30

Indonesia Trade Balance

GDP Component by Expenditure 6.17%

(in USD Billion) 1.30

6.03%

5.58% 5.02%

1.02

4.79%

56% 9%

55% 9%

55% 9%

55% 10%

57% 10%

32%

33%

33%

33%

33%

24%

21%

26%

25%

25%

-24%

-25%

-24%

-24%

-21%

2011

2012

2013

2014

2015

Private Consumption Govt. Spending 0.02

0.48

0.47

0.43

(0.26)

Export Import

1.02

0.66

0.19

0.05

Fix.Cap. Formation

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

0.64

1.08

(0.29)

(0.31)

(0.23) (0.42)

(0.43)

(0.41)

Interest Rate and Inflation %YoY

Exchange Rate 13,795

BI Rate, 7.50

12,171 9,793 12,388

9,069

6.00

110

113

99

112

106

2011

2012

2013

2014

2015

Source: Bank Indonesia, BPS

4.50

FASBI Rate, 5.50

3.79

YoY Inflation, 3.95

Banking Sector Highlights Page 31

Macro & Banking Assumptions

Banking Sector Highlights in IDR Trillion Dec-12 Dec-13 Nop-14 Dec-14 Nop-15 YoY ∆ YTD ∆ Total Assets

4,263

Total Loan

2,708

Total Deposits

3,225

4,954

MACROECONOMIC

5.511

5,615

6.023

9.3%

7.3%

GDP Growth (%)

5.0 – 5.5

3,293

3.597

3,674

3.951

9.8%

7.5%

Inflation (%)

4.0 – 5.0

3,664

4.055

4,114

4.367

7.7%

6.4%

Currency (IDR/USD) BI Rate (%)

NIM

5.49%

2016 BNI VIEW

4.89%

4.24%

4.23%

5.35%

BANKING SECTOR

13.000 – 14.000 7.0 – 7.5 2016 BNI VIEW

NPL

1.87%

1.77%

2.36%

2.20%

2.66%

LDR

84.0%

89.7%

88.6%

89.4%

90.5%

Loan Growth (%)

12.0 – 15.0

CAR

17.4%

18.1%

19.8%

19.4%

21.3%

Deposit Growth (%)

11.0 – 14.0

Source: Bank Indonesia & BNI estimate

 As of Nopember 2015, Indonesia Banking Loan grew at 9.8% yoy, while year to date growth at 7.5%.  Deposit growth fell to 7.7% yoy due to the strengthening of Rupiah  Industry NPL’s as of Nopember 2015 jump to 2.66% from 2.36% in Nopember 2014 last year

 NIM increase 111 bps to 5.35% in Nopember 2015 compare to Nopember 2014 level (4.24%)

PT. BANK NEGARA INDONESIA (PERSERO) TBK

5 YEARS FINANCIAL DATA

Balance Sheet Page 33

(Rp Billion) – Cumulative

2011

2012

2013

2014

2015

Y.o.Y

Total Assets

299,058

333,304

386,655

416,574

508,595

22.1%

Placement with other banks & BI

49,329

32,621

23,475

14,530

33,417

130.0%

Marketable Securities [market value]

7,668

9,817

8,528

12,743

9,964

-21.8%

36,958

38,561

44,884

43,830

47,222

7.7%

Loans [gross]

163,533

200,742

250,638

277,622

326,105

17.5%

Third Party Funds

231,296

257,661

291,890

313,893

370,421

18.0%

7,019

3,245

3,185

3,177

4,698

47.9%

265

4,769

6,037

6,158

6,871

11.6%

8,726

8,750

18,951

11,212

22,524

100.9%

37,843

43,525

47,684

61,021

78,438

28.5%

Government Bonds

[market value]

Deposits from other Banks Marketable Securities Issued Borrowings Shareholders’ Equity

Profit & Loss Page 34

[Rp Billion]

Interest Income

20,692

22,705

26,705

33,750

36,895

9.3%

Interest Expense

(7,496)

(7,246)

(7,392)

(10,989)

(11,335)

3.1%

Net Interest Income

13,196

15,459

19,312

22,761

25,560

12.3%

128

256

494

132

826

523.3%

Non Interest Income

4,851

5,217

5,467

6,998

7,282

4.1%

Recovery

1,712

2,038

2,138

1,856

1,590

-14.3%

19,887

22,972

27,411

31,748

35,258

11.1%

(10,224)

(11,805)

(13,485)

(14,760)

(16,510)

11.9%

9,663

11,166

13,926

16,988

18,748

10.4%

(2,421)

(2,525)

(2,708)

(3,642)

(7,336)

101.4%

219

259

59

178

54

-69.7%

Net Income before Tax

7,461

8,900

11,278

13,524

11,466

-15.2%

Net Income

5,826

7,046

9,054

10,783

9,067

-15.9%

312

378

486

578

487

-15.7%

Operating Income Operating Expense Pre-Provision Income

Provisioning Non Operational Inc/(Exp)

Net Income Per Share (full amount)

2014

Y.o.Y

2012

Premium Income Net

2013

2015

2011

Financial Ratios Page 35

[%]

2011

2012

2013

2014

2015

CAPITAL Shareholders equity to total assets

13.0

13.4

12.7

14.3

15.3

Tier I – CAR (include operational risk)

15.9

15.2

14.2

15.3

17.0

Tier II – CAR (include operational risk)

1.8

1.5

0.9

0.9

2.5

17.6

16.7

15.1

16.2

19.5

Net Non Performing Loan

0.5

0.8

0.5

0.4

0.9

Gross Non Performing Loan

3.6

2.8

2.2

2.0

2.7

120.8

123.0

128.5

130.1

140.4

Total CAR (credit, market + operational risk)

ASSET QUALITY

Allowance for possible loan losses to gross NPL

YoY

Financial Ratios Page 36

[%]

2011

2012

2013

2014

2015

ROA

2.9

2.9

3.4

3.5

2.6

ROE

20.1

20.0

22.5

23.6

17.2

6.0

5.9

6.2

6.3

6.4

Cost to Income Ratio

49.8

49.5

46.7

43.8

44.2

Operating Expense to Operating Income [BOPO]

72.6

71.0

67.1

68.0

75.5

70.4

77.5

85.3

87.8

87.8

Statutory Reserve Requirement (Rupiah)

8.7

8.5

8.1

8.1

9,2

Net Open Position

2.8

2.1

3.4

1.6

1.7

RENTABILITY *)

Net Interest Margin

EFFICIENCY

LIQUIDITY Loan to Deposit Ratio

COMPLIANCE

*)

Based on BI Formula – Bank Only

YoY

PT. BANK NEGARA INDONESIA (PERSERO) TBK

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]