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.
The news page for BANK RAKYAT UNSP/ADR B (BKRKY) aggregates coverage related to PT Bank Rakyat Indonesia (Persero) Tbk (BRI), a commercial bank in the finance and insurance sector. Here, readers can follow official announcements, corporate actions, and strategic initiatives that shape BRI's role in Indonesia and abroad.
Recent news highlights BRI's recognition on international rankings, including its position as Indonesia's largest public company on the Forbes Global 2000 list for 2025 and its status as the highest-performing financial institution from Indonesia in the Fortune Southeast Asia 500. Articles also cover BRI's financial performance, such as consolidated net profit figures, asset growth, and credit distribution, particularly in the MSME segment.
Investors and observers can track updates on BRI's capital market activities, including the issuance of its Sustainable Social Bond Phase I Year 2025, which makes it the first bank in Indonesia to issue a Social Bond, and share buyback plans approved by the Annual General Meeting of Shareholders. News items explain how these actions fit into BRI's funding strategy, ESG-oriented financing, and efforts to sustain long-term performance.
The feed also includes coverage of BRI's international expansion, such as the launch of the BRI Taipei Branch in Taiwan, which serves Indonesian migrant workers and supports investment flows between Taiwan and Indonesia. Additional stories describe BRI's role in national initiatives like the Pegadaian Gold Bank Service and its support for MSMEs through events such as the BRI UMKM EXPO(RT) 2025. Readers who follow BKRKY news can gain insight into BRI's strategic direction, governance decisions, and contributions to financial inclusion and economic development.
Bank BRI has reiterated its commitment to the ultra-micro sector in Indonesia during the BRI Microfinance Outlook 2022 event. With 45 million ultra-micro businesses, only 15 million currently access formal financial services. BRI aims to enhance this sector's potential, contributing significantly to the national economy. The Ultra Micro Holding, recently formed, could yield Rp95.9 trillion, strengthening BRI's liquidity. The initiative aligns with G20 2022 themes and aims to integrate data management to improve service delivery, with a target to reach 45 million ultra-micro businesses by 2024.
PT. Bank Rakyat Indonesia (Persero) Tbk reported a significant profit of Rp.32.22 trillion for Q4 2021, marking a 75.53% year-on-year growth. This success is attributed to strong credit performance, improved collection of Third Party Funds, and reduced interest costs. Lending for 2021 grew 7.16% YoY, especially in the micro segment at 12.98%. BRI maintains a low Non-Performing Loan ratio at 3.08% with robust coverage. The bank also emphasizes sustainable finance, with 65.5% of total credit directed towards sustainable activities.
Bank Rakyat Indonesia (BRI) is hosting the UMKM EXPO(RT) BRILIANPRENEUR from December 9-16, 2021, in a fully digital format. The event will showcase 500 curated MSMEs and aims for a transaction target of US$65M. BRI's initiatives include workshops and online training to support MSMEs in digital expansion. The expo features awards for businesses demonstrating potential in digital readiness, and showcases Indonesian tourism through thematic areas. Visitors can engage with experts via live-streamed talks.
PT Bank Rakyat Indonesia (BRI) hosted the UMKM EXPO(RT) BRILIANPRENEUR 2021 from December 1-16, showcasing over 500 Micro, Small, and Medium Enterprises (MSMEs) in a virtual 3D exhibition aimed at reviving Indonesia's economy post-pandemic. The event included training sessions, business matching with 105 buyers from 30 countries, and opportunities for MSMEs to enhance their global competitiveness. BRI promotes local products through discussions on global marketing and legal export issues. BRI customers can access discounts on purchases made through associated platforms until December 31, 2021.
PT Bank Rakyat Indonesia (Persero) Tbk has successfully raised IDR 95.9 trillion from a rights issue of IDR 28.2 billion for the establishment of an Ultra Micro Holding, achieving the largest rights issue in Southeast Asia and ranked third in Asia. The rights issue was oversubscribed, reflecting strong investor confidence. BRI aims to support ultra-micro enterprises, contributing positively to Indonesia's economy, which heavily relies on micro, small, and medium enterprises (MSMEs). Stakeholders maintain over 40% ownership, affirming their trust in BRI's vision for financial inclusion and growth.
On July 10, 2021, PT Bank Rakyat Indonesia (BRI) launched its floating bank, the Teras BRI Bahtera Seva III, to assist in the COVID-19 vaccination efforts in the South Halmahera Regency, North Maluku. This initiative aims to enhance vaccination access in remote areas, supporting Indonesia's goal of achieving herd immunity. BRI's Vice President Director emphasized the importance of vaccinations in overcoming the pandemic, while the Minister of State-Owned Enterprises lauded state-owned companies for their role in pandemic response. BRI plans to extend vaccination services to other islands, showcasing its commitment to community welfare.
PT Bank Rakyat Indonesia (BRI) has been recognized in the Forbes 2021 Global 2000 as the most valuable public company in Indonesia, ranking 362nd overall. This marks BRI's seventh consecutive year on the list, highlighting its significant focus on micro, small, and medium enterprises (MSMEs). Despite the adverse effects of the COVID-19 pandemic, BRI reported revenues of USD 10 billion, assets of USD 107.6 billion, and profits of USD 1.3 billion. This achievement reflects BRI's robust business model and commitment to supporting the national economy.
On April 28, 2021, BRI Research Institute, in collaboration with Indonesia's largest MSMEs bank, Bank BRI, hosted the BRI Microfinance Outlook 2021 event. The initiative aims to bolster micro, small, and medium enterprises (MSMEs) amid economic challenges, highlighting their significant contribution of over 62% to Indonesia's GDP, approximately IDR 8,000 trillion. Key officials emphasized the necessity of collaboration and innovation in empowering MSMEs, alongside the introduction of digital platforms to enhance access to funding and services. BRI aims to continue leading MSME support, enabling sustainable economic growth.
PT Bank Rakyat Indonesia (Persero) Tbk has announced a 65% dividend payment from its 2020 net profit of IDR 18.6 trillion, amounting to IDR 12.1 trillion. This dividend pay-out ratio reflects a 60% increase from 2019, emphasizing the company’s commitment to sustainable growth. BRI aims to maintain a capital adequacy ratio (CAR) above 18% while supporting business expansion. Despite challenges, BRI demonstrated solid financial performance in 2020, with total assets reaching IDR 1,511.8 trillion and a net profit of IDR 18.66 trillion.
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