Edhi Sunarso

BRI's 2023 Stellar Performance: Earning Rp.60.4T Profits

Retrieved on: 
Thursday, February 1, 2024

JAKARTA, Indonesia, Jan. 31, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) concluded 2023 with an exceptional financial performance, showcasing resilience and growth despite external challenges. The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.

Key Points: 
  • The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.
  • Effective risk management was another cornerstone of BRI's success, with Non-Performing Loans (NPL) controlled at 2.95% and NPL Coverage of 229.09%.
  • Despite high-interest rates, BRI achieved a 3.9% YoY deposit growth to IDR 1,358.3T by December 2023.
  • With over 740,000 agents, transactions reached IDR 1,427T in 2023, generating fee-based income of IDR 1.5T.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024

(IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.

Key Points: 
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).
  • BRI also prioritizes data confidentiality with robust security measures like PINs, OTPs, and CVVs, making your mobile banking experience safe and secure.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024

(IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.

Key Points: 
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).
  • BRI also prioritizes data confidentiality with robust security measures like PINs, OTPs, and CVVs, making your mobile banking experience safe and secure.

BRImo: The Mobile Banking Super App Driving Sustainable Growth of Bank Rakyat Indonesia

Retrieved on: 
Monday, January 15, 2024

JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.

Key Points: 
  • JAKARTA, Indonesia, Jan. 15, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk.
  • (IDX: BBRI)'s BRImo, is an all-in-one mobile banking super app built to drive financial inclusivity, digital literacy, and elevate customer experience for digital transformation and sustainable growth.
  • "In the competitive landscape of mobile banking in Indonesia, BRImo has significantly contributed to the sector's progress.
  • Embodying inclusivity with its 'All in BRImo' tagline, BRImo has impressive ratings (4.7 on App Store, 4.5 on Google Play Store).

President Jokowi Applauds BRI's Empowerment of MSMEs at the UMKM EXPO(RT) BRILIANPRENEUR 2023

Retrieved on: 
Friday, December 8, 2023

(IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.

Key Points: 
  • (IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.
  • In his speech, President Jokowi applauded BRI's commitment to empowering Indonesian MSMEs.
  • I applaud this event for showcasing high-quality products and recognize BRI's pivotal role in connecting MSMEs with buyers," stated President Jokowi.
  • "Through UMKM EXPO(RT) BRILIANPRENEUR 2023, we aspire to provide a positive and extensive impact on the progress and development of the capacity and quality of Indonesian MSMEs."

Credit Surges by 12.53%, BRI's Profit Soars to IDR 44.21 Trillion in 9 Months

Retrieved on: 
Wednesday, November 1, 2023

(IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.

Key Points: 
  • (IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.
  • BRI's entire credit portfolio grew, with MSME loans up by 11.01% from IDR 935.86 trillion in Q3 2022 to IDR 1,038.90 trillion in Q3 2023, now accounting for 83.06% of the total credit.
  • Furthermore, the bank's commitment to ESG principles is shown by an 11.89% growth in ESG-related loans, totaling IDR 750.91 trillion, making up 66.1% of the credit portfolio.
  • Maintaining credit quality lowered Credit Cost to 2.44% in Q3 2023, with Non-Performing Loan Coverage at 228.65%.

BRI Excels with Robust Capital and Return on Equity

Retrieved on: 
Monday, September 25, 2023

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.

Key Points: 
  • (IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.
  • "When the capital is exceptionally strong, the usual compensation is a lower ROE due to the sheer size of the capital.
  • BRI rises to this challenge with its formidable capital base, signifying the bank's robust capital health.
  • This strong capital is leveraged to generate revenue and an impressive return as proven by a 20.01% ROE."

BRI Excels with Robust Capital and Return on Equity

Retrieved on: 
Monday, September 25, 2023

(IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.

Key Points: 
  • (IDX: BBRI) maintained its strong performance, boasting robust capital and a healthy return on equity (ROE) ratio.
  • "When the capital is exceptionally strong, the usual compensation is a lower ROE due to the sheer size of the capital.
  • BRI rises to this challenge with its formidable capital base, signifying the bank's robust capital health.
  • This strong capital is leveraged to generate revenue and an impressive return as proven by a 20.01% ROE."

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.