Jakarta, Indonesia, January 5, 2024 /PRNewswire/ — PT. Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: CSTC) concluded the year 2023 with positive financial performances, national and international recognitions and a constant role as a development agent.
“Our success reflects not only our resilience in the face of various challenges, but also our commitment to continued growth for Indonesia“, underlined Sunarso, president director of the BIS.
BIS won first place Indonesia and ranked 307th in the world in Forbes International’s Global 2000 2023 list. Recognized for its exceptional financial performance, the BIS has received more than 190 awards in 2023.
In the first quarter of 2023, BRI achieved a solid annual growth of 12.47%, recording a profit of IDR 44.21 trillion. The bank’s consolidated assets also showed a sharp increase of 9.93% year-on-year, reaching IDR 1,851.97 trillion. Demonstrating its commitment to national development, the BIS has distributed dividends totaling IDR 43.94 trillionwith IDR 23.15 trillion directed to the State, reflecting the ownership of at least 53.19% of the shares.
BIS stock reached an all-time high of 5,750 IDR per share on July 27, 2023consolidating its status as Indonesia the largest public company by market capitalization. When the market closes December 29, 2023the BIS concluded that 5,725 IDR per share, benefiting from a market capitalization of IDR 867.68 trillion.
As of the third quarter of 2023, Ultra-Micro Holding had onboarded 37.3 million customers, showing growth of 17.3% year-on-year and facilitating IDR 614.9 trillion in credit. In addition, the BIS disbursed IDR 750.9 trillion in Sustainable Business Credit, representing 66.1% of total loans, with an increase of 11.9% over one year. From this, IDR 669.1 trillion supported MSMEs, while IDR 81.8 trillion was directed to Environmental Business Insight credits.
Additionally, the BIS’s commitment to financial inclusion is evident in AgenBRILink. By November 2023719,000 agents supervised transactions totaling IDR 1.293 trillion in more than 60,000 villages across the country.
BRI’s digital engagement builds on the widespread adoption of the BRImo super app, which had more than 31 million users in 2017. November 2023. He facilitated transactions totaling IDR 3.743 trillionshowing a growth of 58.39% year-on-year.
A notable achievement, the UMKM EXPO(RT) BRILIANPRENEUR 2023 was recognized by the President of the Republic of IndonesiaPresident Joko Widodo. The event set a record with US$81.3 million in business matchmaking engagements, highlighting its instrumental role in fostering meaningful connections.
For more information, visit www.bri.co.id.
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SOURCE PT Bank Rakyat Indonesia Tbk (BRI)
