Permodalan Kualitas Aset Manajemen Rentability In 2010, net interest income reached Rp 11,720 Liquidity The liquidity position during 2010, both for Rupiah

BNI฀•฀2010฀Annual฀Report BNI฀•฀Laporan฀Tahunan฀2010 BNI฀•฀2010฀Annual฀Report BNI฀•฀Laporan฀Tahunan฀2010 37 •฀ to฀monitor,฀evaluate฀and฀improve฀the฀ effectiveness of Good Corporate Governance GCG practices in the Company. •฀ to฀conduct฀supervisory฀function,฀through฀its฀ committees, to ensure the implementation of effective internal control systems, integrated accounting and financial reporting systems, and transparency of disclosure, as well as an integrated process and risk management system. 2010 Performance Financially, the Bank delivered positive performance in 2010, in particular when compared to the previous year’s results. Although not all business targets for 2010 were achieved, the Bank delivered quantitative and qualitative improvements in various areas, including a net profit of Rp 4,102 billion, or 65.1 of 2009 net profit.

1. Capital The Capital Adequacy Ratio CAR reached 18.6

at the end of 2010, well above the minimum requirement and significantly increased as compared to that of 2009, which was 13.8. The increase comes from the rights issue held by the Bank in November 2010. A stronger CAR helps the Bank in developing its business and infrastructure, including better credit expansion.

2. Asset Quality At the end of 2010, the gross non-performing

loan ratio is improved by 4.3, from 4.7 in 2009. The asset quality improvement was also the result of continuous efforts by the Directors to manage and reduce the Bank’s non-performing loans.

3. Management Compliance to all prevailing regulations was

considered satisfactory, as reflected in the declining number of violations and cases to a level that will not jeopardize the operations of the Company. However, there are things that should be improved and need the attention of Directors and staff, among others things related to provision of credit and monitoring, reporting to Bank Indonesia, and internal control. •฀ memantau,฀mengevaluasi฀dan฀menyempurnakan฀ efektivitas praktik Good Corporate Governance GCG di Perseroan. •฀ melaksanakan฀pengawasan,฀melalui฀komite- komitenya, untuk memastikan terselenggaranya sistem pengendalian intern yang efektif, sistem akuntansi pelaporan keuangan yang terintegrasi dan memiliki transparansi pengungkapan yang dapat dipertanggungjawabkan, serta memastikan proses dan sistem manajemen risiko yang terintegrasi. Kinerja 2010 Kinerja keuangan Perseroan tahun 2010 menunjukkan pencapaian target dan hasil yang baik, terutama apabila dibandingkan dengan pencapaian hasil tahun buku sebelumnya. Meskipun tidak seluruh target bisnis dapat dicapai, namun terdapat perbaikan kuantitas maupun kualitas pada pos-pos dan rasio keuangan, yang besarannya tercermin pada pencapaian Laba Bersih tahun 2010 sebesar Rp 4.102 miliar, atau tumbuh sebesar 65,1 dibandingkan tahun 2009.

1. Permodalan

Rasio Kecukupan Modal CAR pada posisi akhir tahun 2010 sebesar 18,6, di atas ketentuan CAR minimum dan mengalami peningkatan signifikan dibandingkan tahun 2009 sebesar 13,8. Peningkatan tersebut bersumber dari hasil rights issue yang dilaksanakan Perseroan pada bulan November 2010. Dengan CAR yang semakin menguat, Perseroan dapat melakukan upaya-upaya untuk pengembangan bisnis dan infrastruktur secara lebih leluasa, termasuk melakukan ekspansi kredit dengan lebih baik.

2. Kualitas Aset

NPL Gross akhir tahun 2010 sebesar 4,3, lebih baik dibandingkan tahun 2009 sebesar 4,7. Perbaikan kualitas aset tersebut antara lain merupakan hasil dari upaya Direksi dan jajarannya dalam melakukan upaya perbaikan dan penyelesaian kredit bermasalah.

3. Manajemen

Tingkat kepatuhan atas ketentuan yang berlaku dinilai baik, tercermin dari menurunnya jumlah pelanggaran dan kasus dalam tingkat yang tidak membahayakan kegiatan operasional Perseroan. Namun demikian, masih terdapat hal-hal yang perlu ditingkatkan dan mendapat perhatian Direksi dan jajarannya, antara lain terkait proses pemberian dan pemantauan kredit, penyampaian pelaporan kepada Bank Indonesia dan fungsi pengendalian intern. BNI฀•฀2010฀Annual฀Report BNI฀•฀Laporan฀Tahunan฀2010 38 BNI฀•฀2010฀Annual฀Report BNI฀•฀Laporan฀Tahunan฀2010

4. Rentability In 2010, net interest income reached Rp 11,720

billion, increased 5.3 compared to that of 2009. The low Net Interest Income growth was due to management focus was on improving asset quality.

5. Liquidity The liquidity position during 2010, both for Rupiah

and Foreign Exchange, showed a highly favorable condition. With higher Secondary Reserve, the position of the Loan to Deposit Ratio LDR at the end of 2010 reached 70.2. The low LDR was due to infrastructure improvements, particularly in the fields of credit, causing relatively low expansion of credit during 2010.

6. Sensitivity to Market Risk Judging from several indicators, namely interest