Welcome to our dedicated page for Bank Rakyat news (Ticker: BKRKY), a resource for investors and traders seeking the latest updates and insights on Bank Rakyat stock.
Bank Rakyat (BKRKY), a leading Indonesian financial institution specializing in MSME financing and digital banking solutions, maintains this dedicated news hub for stakeholders. Access official press releases, financial disclosures, and strategic updates from one centralized source.
This resource provides investors with timely insights into earnings reports, partnership announcements, and regulatory developments. Track the bank's progress in mobile banking innovation, rural financial inclusion initiatives, and corporate governance matters through verified primary sources.
Key content categories include quarterly financial results, technology deployment updates, leadership changes, and community empowerment programs. All materials are sourced directly from Bank Rakyat's corporate communications to ensure accuracy and completeness.
Bookmark this page for efficient monitoring of BKRKY's operational milestones and market positioning within Indonesia's evolving banking sector. Combine regular visits with Stock Titan's analysis tools for comprehensive investment research.
Bank Rakyat Indonesia (BRI) has announced a share buyback program with a maximum allocation of Rp3 trillion, following approval from its Annual General Meeting of Shareholders on March 24, 2025. The buyback, scheduled to commence in April 2025, must be completed within 12 months and can be executed through or outside the Stock Exchange.
The initiative aims to support the employee and corporate share ownership program while enhancing investor confidence amid global economic uncertainties, including US tariff policies and Federal Funds Rate concerns. The program, which has been part of BRI's strategy since 2015, is designed to boost employee engagement and long-term performance improvement.
BRI's Corporate Secretary, Agustya Hendy Bernadi, confirmed that the buyback has been carefully planned to maintain the company's financial health and complies with Financial Services Authority Regulation Article 43 of POJK No. 29 of 2023.
Bank Rakyat Indonesia (BRI) announced key decisions from its 2025 Annual General Meeting of Shareholders (AGMS). The bank approved a dividend distribution of IDR 51.73 trillion, marking an increase from IDR 48.10 trillion in 2024. This follows BRI's consolidated net profit of IDR 60.15 trillion for fiscal year 2024.
The dividend includes an interim payment of IDR 20.33 trillion (IDR 135 per share) distributed on January 15, 2025, with the remaining IDR 31.40 trillion to be paid out. The state will receive IDR 27.68 trillion of the total dividend.
Additionally, BRI approved a share buyback program of up to IDR 3 trillion to be executed through the Stock Exchange or outside it. The AGMS also announced significant management changes, including the appointment of Hery Gunardi as President Director and several other key executive positions.
Bank Rakyat Indonesia (BKRKY) has secured five prestigious awards at the Retail Banker International (RBI) Asia Trailblazer Awards 2025 in Singapore. The awards include Best Retail Bank Indonesia, SME Bank of The Year, Best CSR Initiative, Excellence in Employee Engagement, and Best Current Account Offering.
The bank's total loan disbursement reached IDR 1,354.64 trillion, showing a 6.97% year-on-year growth across all segments. Notably, 81.97% of BRI's total loans (IDR 1,110.37 trillion) were directed to the MSME sector, demonstrating the bank's strong commitment to supporting small and medium enterprises.
The recognition highlights BRI's success in maintaining strong fundamental performance while focusing on digital banking services, MSME empowerment, sustainability programs, workplace culture, and efficient business banking solutions.
PT Bank Rakyat Indonesia (BBRI) announced the official inauguration of the Pegadaian Gold Bank Service by Indonesian President Prabowo Subianto. The initiative, involving BRI's subsidiary Pegadaian and Bank Syariah Indonesia, aims to contribute approximately IDR 245 trillion to Indonesia's GDP and create 1.8 million new jobs.
The Gold Bank program targets to utilize 1,800 tons of publicly-owned gold, with Pegadaian currently managing 90 tons and achieving a 35% year-over-year increase in sales to 9 tons in 2024. BRI's Gold Investment feature on the BRImo app, launched in February 2024, has recorded IDR 279.8 billion in transaction volume by December.
Bank Rakyat Indonesia (BRI) reported strong financial results for 2024, achieving a consolidated net profit of IDR 60.64 trillion. The bank's total assets grew 1.42% year-over-year to IDR 1,992.98 trillion, while loan disbursement increased 6.97% to IDR 1,354.64 trillion. The MSME segment remained a key focus, accounting for 81.97% of total loans at IDR 1,110.37 trillion.
BRI demonstrated improved asset quality with a Non-Performing Loan (NPL) ratio decreasing from 2.95% to 2.78%, supported by a strong NPL Coverage ratio of 215.01%. The bank maintains extensive MSME support through various programs, including Ultra Micro Holding serving over 180 million savings customers, People's Business Credit disbursing IDR 184.98 trillion, and AgenBRILink's network of 1.06 million banking agents facilitating IDR 1,583 trillion in transactions.
BRI UMKM EXPO(RT) 2025, organized by PT Bank Rakyat Indonesia (IDX: BBRI), concluded successfully with remarkable achievements. The event, held from January 30 to February 2, 2025, at ICE BSD City, attracted over 63,000 visitors, surpassing its initial target of 50,000. The expo generated IDR 38.9 billion in transactions and secured USD 90.6 million in export contracts through business matching.
The event showcased 1,000 top Indonesian MSMEs and attracted 506 registered buyers from 34 countries, significantly exceeding the initial target of 94 buyers. Notable success included PT Siger Jaya Abadi's USD 13.05 million export deal with Bluestar Food , USA. The expo featured awards in three categories: Top Deals on Business Matching, Newcomers on Business Matching, and Best Expo, recognizing outstanding MSMEs in various sectors.
Bank Rakyat Indonesia (BRI) has launched BRI UMKM EXPO(RT) 2025 and BRI Microfinance Outlook 2025 at ICE BSD City, Tangerang. The event, themed 'Broadening MSME's Global Outreach,' aims to expand Indonesian MSMEs' market reach and enhance local entrepreneurs' global competitiveness.
BRI targets business matching deals worth US$ 89.4 million throughout 2025, surpassing the US$ 81.3 million achieved in 2023. The bank is partnering with the Ministry of Trade to conduct bi-monthly business matching sessions in 2025.
The Microfinance Outlook forum, themed 'Empowering the People's Economy: A Pillar for Achieving Inclusive & Sustainable Growth,' features notable speakers including ADB Chief Economist Albert Francis Park, Nobel Laureate Paul Romer, and Women's World Banking Head Harsha Rodrigues.
PT Bank Rakyat Indonesia (BBRI) announced the 6th edition of BRI UMKM EXPO(RT) 2025, scheduled for January 30 to February 2, 2025, at ICE BSD City Nusantara. The event, themed 'Broadening MSME's Global Outreach', aims to enhance Indonesian MSMEs' competitiveness in global markets.
The expo attracted 3,006 MSME applicants, with 1,000 selected across five categories: Home Décor & Craft, Food & Beverage, Accessories & Beauty, Fashion & Wastra, and Healthcare & Wellness. The event will feature various activities including MSME Expos, Partner Gatherings, Talk Shows, and Workshops.
Additionally, BRI will host the BRI Microfinance Outlook 2025, an international seminar featuring prominent speakers including Finance Minister Sri Mulyani, Nobel laureate Paul Romer, and ADB Chief Economist Albert Francis Park, focusing on empowering the people's economy for inclusive and sustainable growth.
Bank Rakyat Indonesia (BBRI) has announced the distribution of interim dividends totaling Rp20.33 trillion, equivalent to Rp135 per share, scheduled for January 15, 2025. Under the company's ownership structure, the Indonesian government, holding 53.19% (80.61 billion shares), will receive Rp10.88 trillion, while public shareholders owning 46.81% (70.95 billion shares) will receive Rp9.45 trillion.
With 653,251 shareholders as of December 2024, BBRI maintains the highest shareholder count among stocks traded on the Indonesia Stock Exchange. The dividend distribution demonstrates BRI's commitment to creating sustainable value for shareholders while supporting national economic development through its business transformation initiatives.
BRI (IDX: BBRI) has announced significant growth in its mobile banking app BRImo, reaching 38.1 million users as of November 2024, marking a 22.9% year-on-year increase. The super-app recorded a transaction value of IDR 5,057 trillion and generated IDR 2.64 trillion in fee-based income.
BRImo has achieved a 4.7 rating on app stores and became Indonesia's most-downloaded mobile banking app in 2024. The app now offers enhanced cross-border capabilities, including account opening for Indonesian citizens abroad using local phone numbers across 11 specified countries and regions, plus money transfers to over 160 countries.
The platform introduces BritAma Valas for foreign currency management, enabling users to save, convert, and top up foreign currency balances with real-time exchange rates. Users can also manage a BRI Multicurrency Debit Card supporting transactions in 12 different currencies.