MNC Bank profit falls as deposits shrink 17.12%
Loans rose 8.38% to Rp12.02 trillion, while the Indonesian bank reported higher bad-loan ratios at the end of September 2026.
Indonesia’s PT Bank MNC Internasional Tbk reported net profit of Rp46.63 billion for the first nine months of 2026, compared with Rp60.39 billion a year earlier. Its third-quarter financial statements also showed customer deposits fell 17.12% year on year to Rp11.32 trillion.
Interest expenses increased 51.05%, outpacing growth of 6.52% in interest income. Net interest income stood at Rp389.76 billion, down from Rp434.29 billion. Staff costs rose 9.51% to Rp184.45 billion, while operating profit declined 18.12% to Rp52.42 billion.
The deposit contraction was concentrated in time deposits, which dropped 24.35% to Rp8.50 trillion from Rp11.24 trillion. Current-account balances totalled Rp1.20 trillion and savings deposits Rp1.62 trillion. Despite the decline in funding, lending expanded 8.38% to Rp12.02 trillion from Rp11.09 trillion.
Credit-quality measures weakened: the gross non-performing loan ratio rose from 4.00% to 4.64%, while the net ratio increased from 2.80% to 3.50%. The capital adequacy ratio fell from 24.50% to 20.68%. Net interest margin narrowed from 3.20% to 2.76%, and the loan-to-deposit ratio climbed from 80.87% to 105.83%.
