New Commerce Bank (BNC) achieved a profit of 136.98 trillion Indonesian rupiah in the first quarter of 2026, showcasing the bank's positive performance in light of changing economic conditions. CEO Eri Budiono confirmed that these results reflect the bank's dedication to enhancing its financial performance and broadening its customer base.
In terms of financing, customer deposits (DPK) reached approximately 13.42 trillion rupiah as of March 31, 2026, showing a slight decline of 1.97% compared to the same period last year. Despite this decrease, savings accounts experienced an increase of 8.62%, rising from 3.22 trillion rupiah to 3.50 trillion rupiah.
Financial Performance Overview
While fixed deposits decreased by 2.18%, falling from 9.56 trillion rupiah to 9.35 trillion rupiah, this strategic performance reflects the bank's efforts to enhance its low-cost funding base, with the current account savings account (CASA) ratio recorded at 30.34% at the end of the first quarter.
Regarding loan financing, the bank recorded 7.03 trillion rupiah, representing a decline of 17.24% compared to 8.49 trillion rupiah in the same period last year. Nevertheless, the bank maintained a non-performing loan (NPL) ratio of 0.43%, indicating effective risk management.
Background & Context
New Commerce Bank is considered one of the emerging banks in Indonesia, having witnessed significant growth in its customer base and profits in recent years. Established in 1990, the bank has continuously developed its financial services to meet the changing market needs. Recently, the bank has focused on innovation in financial services, including the development of buy now, pay later (BNPL) services set to launch this year.
These results come at a time when the Indonesian economy faces multiple challenges, including fluctuations in interest rates and inflation. However, New Commerce Bank continues to work on strengthening its market position by enhancing its services and increasing operational efficiency.
Impact & Consequences
The financial results of New Commerce Bank serve as a positive indicator of the stability of the banking sector in Indonesia, reflecting the bank's ability to adapt to economic changes. Additionally, the increase in capital adequacy ratio, which stood at 50.60%, demonstrates the bank's strength in facing future challenges. The bank's management anticipates the continuation of this positive trend throughout 2026, which may contribute to bolstering investor confidence in the Indonesian market.
In conclusion, the impressive financial performance of New Commerce Bank not only highlights its resilience but also reinforces the overall health of Indonesia's banking sector, suggesting a promising outlook for the future.
Regional Significance
New Commerce Bank's achievements are particularly significant in the context of Indonesia's evolving financial landscape. As the bank continues to innovate and expand its offerings, it plays a crucial role in enhancing financial inclusion and supporting economic growth in the region.
Ultimately, the bank's proactive approach and strategic initiatives position it well to navigate the complexities of the market, ensuring its relevance and competitiveness in the years to come.