BRI Maintains Strong Performance Amid Global Economic Challenges

Amid global economic pressures affecting domestic growth and liquidity challenges in the banking sector, PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has successfully maintained a stable and solid financial performance. This achievement is supported by smooth and secure banking operations, ensuring that customers continue to have optimal access to BRI’s banking products and transaction services.

BRI Corporate Secretary Agustya Hendy Bernadi emphasized that the bank’s resilience is largely due to the implementation of Good Corporate Governance (GCG).

“Like private banks, BRI participates in the deposit guarantee program by the Indonesia Deposit Insurance Corporation (LPS). Additionally, BRI is registered and supervised by the Financial Services Authority (OJK) and Bank Indonesia. This governance framework ensures that customer funds remain secure in accordance with applicable regulations,” Hendy stated in a press release in Jakarta on Sunday (Feb 23, 2025).

Net Profit Hits Rp60.64 Trillion, MSME Loans Dominate

In 2024, BRI recorded a consolidated net profit of Rp60.64 trillion, with total assets reaching Rp1,992.98 trillion, growing 1.42% year-on-year (yoy). This growth was driven by a selective and high-quality loan distribution strategy, with a primary focus on the Micro, Small, and Medium Enterprises (MSME) sector.

In terms of loan disbursement, BRI saw a 6.97% increase, reaching Rp1,354.64 trillion, with all loan segments showing positive growth. The MSME sector remained the dominant contributor, accounting for 81.97% of total loans, or Rp1,110.37 trillion.

Beyond loan growth, BRI also improved its credit quality. The non-performing loan (NPL) ratio declined from 2.95% at the end of December 2023 to 2.78% by December 2024. Additionally, BRI strengthened its provisions with an NPL coverage ratio of 215.01%.

Strong Fundraising & Liquidity Position

On the funding side, BRI successfully raised third-party funds (DPK) amounting to Rp1,365.45 trillion. Low-cost funds (current account savings account/CASA) dominated, accounting for 67.30% or Rp918.98 trillion.

BRI’s liquidity and capital remained strong. The loan-to-deposit ratio (LDR) stood at 88.85%, while the capital adequacy ratio (CAR) reached 26.63%, reinforcing its strong capital position amid industry dynamics.

BRI: A Key Pillar of Banking & Economic Stability

Hendy emphasized that BRI’s performance proves that good governance and strong business fundamentals allow the bank to maintain stability despite global economic challenges.

"BRI’s positive performance not only benefits the company but also contributes to maintaining the stability of the national banking industry, ultimately having a positive impact on Indonesia’s economy," he said.

With solid achievements and a commitment to good governance, BRI continues to position itself as a key pillar in supporting national economic growth, particularly through its focus on the MSME sector, which serves as the backbone of Indonesia’s economy.

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