Bank Rakyat Indonesia
See below for the latest Bank Rakyat news, analysis, profit results, share price information, and commentary.
BRI may miss micro loan growth target amidst asset quality concerns
BRI may miss micro loan growth target amidst asset quality concerns
Micro loans were down 0.9% quarter-on-quarter in Q2.
BRI net interest margin slated for 31bp decline in 2024
NIM is expected to rebound 25bp in 2025.
Higher costs and deteriorating loans slow BRI’s profit growth
Cost of capital rose 144 basis points in Q1.
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
BRImo superapp offers digital account opening for Bank Raya
The gig economy-focused digital bank now has over 700,000 users.
Bank Raya offers instant bailout funds for faster small loan disbursements
Borrowers can access up to US$1,700 in loans.
BRI employs AI ‘brain’ to merge its digital and physical presence
BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes
Indonesia’s Bank Raya, BRI unveil online loan facility for BRILink Agents
Agents can apply for the loan through the BRILink Mobile application.
How Islamic banks boosted their reputation during the pandemic
Bank Rakyat was the most favourably-covered bank in the past year.
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