{
    "success": true,
    "data": {
        "id": 1896587,
        "msgid": "panin-banks-pnbn-business-growth-sluggish-loans-and-deposits-erode-1785729057",
        "date": "2026-08-03 10:00:40",
        "title": "Panin Bank's (PNBN) Business Growth Sluggish, Loans and Deposits Erode",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Banking",
        "summary": "PT Bank Pan Indonesia Tbk (PaninBank) reported a marginal 1.0% net profit increase to Rp 1.44 trillion in the first half of 2026, as loan growth contracted and asset quality deteriorated. The bank adopted a highly selective lending approach amid global economic uncertainty, leading to a 3.75% decline in total loans and a rise in the gross non-performing loan ratio to 3.22%. Despite a drop in third-party funds, the bank strengthened its capital position, with the Capital Adequacy Ratio climbing to 35.93%.",
        "content": "<p>PT Bank Pan Indonesia Tbk (PNBN), also known as PaninBank, recorded a\nnet profit of Rp 1.44 trillion in the first half of 2026. This\nrepresented minimal growth of just 1.0% year on year compared with Rp\n1.42 trillion in the same period of 2025.<\/p>\n<p>In a press statement, PaninBank President Director Herwidayatmo said\nthe increase in net profit was mainly supported by an improvement in Net\nInterest Income, which rose 6.6% to Rp 4.68 trillion compared with Rp\n4.39 trillion in the same period of 2025.<\/p>\n<p>The decline in interest rates since mid-2025 gave the bank an\nopportunity to improve its Net Interest Margin, which rose to 4.55% from\n4.23% in June 2025.<\/p>\n<p>On the intermediation front, total lending by the bank owned by\nMu\u2019min Ali Gunawan reached Rp 139.64 trillion, a correction of 3.75%\ncompared with the end-2025 position of Rp 145.08 trillion. Loan growth\nslowed, mainly hampered by the bank\u2019s policy of applying prudential\nprinciples to maintain the quality of its credit portfolio.<\/p>\n<p>\u201cDuring the first half of 2026, PaninBank became increasingly\nselective in choosing sectors, debtors and financing purposes, amid a\nglobal economy full of uncertainty,\u201d Herwidayatmo said in the press\nstatement.<\/p>\n<p>Even so, credit quality actually deteriorated, with the gross\nnon-performing loan (NPL) ratio rising to 3.22% from 2.81% a year\nearlier. The net NPL also rose to 1.26% from 0.71% a year earlier.<\/p>\n<p>Funding likewise declined. PaninBank\u2019s third-party funds fell 7.87%\nto Rp 144.57 trillion.<\/p>\n<p>\u201cThe growth of third-party funds was controlled in anticipation of\nstill weak credit growth,\u201d said Herwidayatmo.<\/p>\n<p>The CASA ratio was successfully improved from 40% at the end of\nDecember 2025 to 42% at the end of June 2026.<\/p>\n<p>At the same time, PaninBank successfully raised long-term funding\nthrough the issuance of Bank Panin Continuous Bonds IV Phase IV 2026,\nwith a total issuance of Rp 2.71 trillion; Bank Panin Continuous Bonds V\nPhase I 2026, with an issuance of Rp 500 billion; and Bank Panin\nContinuous Subordinated Bonds V Phase I 2026, amounting to Rp 50\nbillion.<\/p>\n<p>In addition to the decline in intermediation and funding, PaninBank\nstrengthened its capital. Total capital has now reached Rp 53.33\ntrillion, with the Capital Adequacy Ratio also rising to 35.93%.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/panin-banks-pnbn-business-growth-sluggish-loans-and-deposits-erode-1785729057",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}