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.
On March 13, 2023, PT Bank Rakyat Indonesia (BRI) held its Annual General Meeting, announcing a dividend distribution of IDR 43.94 trillion, representing 85% of its consolidated net profit from 2022. Shareholders will receive IDR 8.60 trillion directly, while at least IDR 23.15 trillion will be contributed to the State Treasury. BRI reported a robust net profit of IDR 51.4 trillion for 2022, reflecting a 67.15% year-on-year growth, and total assets of IDR 1,865.64 trillion. Additionally, the bank has received approval for a share buyback valued at IDR 1.5 trillion to boost employee ownership.
On March 9, 2023, PT Bank Rakyat Indonesia (BRI) received two prestigious awards at the RBI Asia Trailblazer Awards 2023 held in Singapore. BRI was recognized for 'Best in Current Account Offering' and received 'Highly Commended' for 'Excellence in Mass Affluent Banking.' These accolades highlight BRI's commitment to innovation and customer service, following a successful year marked by a 67.15% YoY net profit growth to IDR 51.4 trillion. Additionally, BRI saw a 10.16% YoY increase in commission-based income, totaling IDR 18.8 trillion. The bank aims to establish itself as 'The Most Valuable Banking Group in Southeast Asia' by 2025.
PT Bank Rakyat Indonesia (BBRI) reported a remarkable IDR 51.4 trillion net profit for 2022, a 67.15% YoY increase. Total assets reached IDR 1,865.64 trillion, growing 11.18% YoY. Key improvements included a reduction in the Operating Expenses to Operating Income Ratio to 69.10%, alongside a decrease in the cost of credit from 3.78% to 2.55%. The bank's deposits surged 14.85% YoY to IDR 1,307.88 trillion, with a CASA proportion of 66.70%. Notably, BRI disbursed IDR 252.38 trillion of People's Business Credit in 2022, enhancing its liquidity and risk management capabilities.
On February 7, 2023, PT Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) announced a new share buyback program totaling up to IDR 1.5 trillion. This initiative follows the completion of a previous buyback program worth IDR 3 trillion, where 647,385,900 shares were repurchased. The new buybacks will occur over a maximum of 18 months post the Annual General Meeting of Shareholders 2023. BRI aims to use the repurchased shares as incentives for employees to enhance engagement and maintain sustainable growth. Notably, BRI reported a 106.14% YoY profit growth to IDR 39.31 trillion in Q3 2022, supported by strong capital adequacy and low non-performing loans.
PT. Bank Rakyat Indonesia (BRI) Tbk. reported significant achievements in 2022, including the distribution of interim share dividends totaling IDR 8.63 trillion or IDR 57 per share on December 30, 2022. The bank also initiated a share buyback program valued at IDR 3 trillion, aimed at enhancing employee incentives. Furthermore, BRI issued IDR 5 trillion in green bonds, oversubscribed by 4.4 times, and acquired an additional 30% stake in Danareksa Investment Management, boosting its ownership to 65%.
PT Bank Rakyat Indonesia (BRI) has announced an interim dividend distribution totaling IDR 8.63 trillion, equating to IDR 57 per share. Of this, approximately IDR 4.59 trillion will benefit the state treasury, reinforcing BRI's commitment to stakeholders. The dividend is part of a robust financial performance, highlighted by a 106.14% YoY net profit increase to IDR 39.31 trillion in Q3 2022. The cum date for shareholders is set for January 9, 2023, with payment scheduled for January 27, 2023.
PT. Bank Rakyat Indonesia (BRI) Tbk. announced a maximum IDR 8.63 trillion interim dividend, equating to IDR 57 per share, with IDR 4.59 trillion allocated to the government and IDR 4.04 trillion to public shareholders. The dividend payment timeline includes the cum date on January 9, 2023, and a payment date set for January 27, 2023. BRI reported a substantial profit of IDR 39.31 trillion in the first nine months of 2022, reflecting a year-on-year growth of 106.14%. The bank maintains a strong capital adequacy ratio of 26.14% and a loan-to-deposit ratio of 88.51%.
On December 16, 2022, PT Bank Rakyat Indonesia (BRI) launched the BRILIANPRENEUR UMKM EXPO(RT) 2022, a hybrid event showcasing 502 curated MSME products from Indonesia. The virtual exhibition is ongoing from December 1 to 31, while the offline segment runs from December 14 to 18 at Jakarta Convention Center. The expo aims to increase export contracts from $72 million to $75 million, supporting MSMEs through training and international exposure. BRI emphasizes innovation and sustainability in product selection, with a focus on digital technology and wellness categories.
PT Bank Rakyat Indonesia (BRI) is hosting the UMKM EXPO(RT) BRILIANPRENEUR 2022 from December 1-31, featuring 500 MSMEs from 22 Indonesian provinces. This virtual exhibition emphasizes sustainable practices in business, providing education to help MSMEs enter global markets. Last year's event secured 118 contracts worth US$ 72 Million. The expo includes workshops and networking sessions aimed at scaling MSME products internationally. With six categories focusing on sustainability and empowerment, the exhibition aims to foster local entrepreneurship and innovation.
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