REPUBLIKA.CO.ID, DENPASAR -- The Denpasar office of publicly listed state lender Bank Negara Indonesia (BNI) has allocated 1.5 percent of its profit as corporate social responsibility (CSR) for environmental conservation on the resort island of Bali.

The BNI office allocated an average of Rp1 billion to Rp2 billion per year for CSR programs, chief of the bank's branch Anak Agung Gede Agung Dharmawan said at Lumintang Park here on Sunday.

"It (CSR fund) is not set based on how much it is allotted but how much it is needed. (The CSR fund) for Bali alone is 1.5 percent of our net profit," he said.

The CSR fund is also allocated for the development of places of worship, educational facilities, health facilities and roads, he said.

"Imagine if we develop infrastructures in Bali together the province will make significant progress," he said.

He said CSR is one of the forms of the state lender's participation in developing this nation.

"Our profit increases every year and we want the bank to play its increasingly role in development programs. We form CSR because we also want to build this nation," he said.

Agung said BNI posted a profit of Rp4.37 trillion in the first half of 2016, up 80 percent from the same period last year.

He expressed the hope that the amount of BNI's CSR fund would increase when the bank which was set up on July 5, 1946 celebrated its 70th anniversary.

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