BRI's Efforts to Revive MSMEs and Overcome Problems – On 16 December 2021, BRI will be 126 years old. PT Rakyat Indonesia Persero Tbk or BRI has BRI's efforts to revive MSMEs in overcoming problems.

With BRI's new role as the holding company for Ultra Micro BUMN (UMi), BRI is able to develop its goal of providing the widest possible access to financing by working with PT Pegadaian and PT Permodalan Nasional Madani (PNM).

This is marked by the process of introducing additional capital with the Preemptive Rights (HMETD) or rights issue scheme. BRI gave a good reaction in carrying out the rights issue, as seen from the oversubscribed value and the total rights issue which reached IDR 95.9 trillion.

Thus, BRI's rights issue became the largest in Southeast Asia, the third largest in Asia, and the seventh largest in the world as a result of this success.

Public Support for PT Rakyat Indonesia BRI

"Public trust in BRI is still quite high. BRI President Director Sunarso said on December 15, "We would like to express our deepest gratitude to all parties who participated in the BRI Group's fresh momentum at the age of 126 years."

According to Sunarso, BRI's involvement in the development of the Micro, Small and Medium Enterprises (MSMEs) ecosystem has been further strengthened by the formation of this new business organization. The target is that 85% of BRI's total loans will be channeled to small and medium enterprises (SMEs).

Consolidated BRI loans reached IDR 1,026.42 trillion as of September 2021. Compared to the same position last year, the value increased by 9.74 percent yoy.

MSME loans which increased by 12.5% yoy to IDR 848.6 trillion also helped increase this credit. As much as 82.67 percent of BRI's loan portfolio is now dedicated to small and medium enterprises (SMEs).

According to Sunarso, BRI's determination to encourage MSME actors to quickly recover from the pandemic crisis and continue to upgrade, can be seen from the increase in financing for MSMEs.

Credit restructuring for more than 2.9 million customers, most of whom are MSMEs, worth IDR 241 trillion as part of BRI's efforts to save MSMEs.

BRI's Efforts to Revive MSMEs

"As of October 2021, the outstanding loans that we are restructuring have fallen to IDR 163 trillion for 2.2 million customers, with an NPL of only 5.74 percent. This means that the credit restructuring success rate is quite high, namely 94.36 percent," said Sunarso.

At the age of 126, BRI has also made another glorious milestone. Investor delight in capital market for BRI increased, marked by breaking the record for BBRI's market capitalization value, reaching IDR 648.67 trillion on 13 October 2021, the highest since it was launched on the stock exchange in 2003 (all time high) (all time high).

This is in accordance with BRI's business performance which has grown increasingly solid and solid this year. BRI recorded an increase of 34,74% year-on-year in the third quarter of 2021 net profit of IDR 19.07 trillion.

Various parties, both at home and abroad, praised this solid performance. Forbes Global 2000 places BRI as the largest company in Indonesia, and The Most Valuable Brand in Indonesia 2021 by Brand Finance (Banking 500).

BRI received more than 130 awards in 2021, including Best Bank Awards: Indonesia's Best Bank for SMEs 2021 from Asia Money, CGPI (Corporate Governance Perception Index).

Indonesia Most Trusted Companies, The Best State-Owned Enterprise in 2021 from Bisnis Indonesia TOP BUMN Award 202.

BRI also received a platinum award (the highest) in the 2021 Asia Sustainability Report Rating (ASRRAT) event from the National Center for Sustainability Reporting (NCSR) (NCSR). Recently, BRI also received the Most Adaptive Titan Bank award from the CNBC Indonesia Award 2021 and Best SOE 2021 by Investor Magazine.

BRI's Efforts to Revive MSMEs

BRI's efforts to give meaning to Indonesia can be seen from its support for the post-epidemic socio-economic recovery of the community, in addition to providing sustainable commercial development.

In its Corporate Social Responsibility (CSR) efforts, BRI Cares shows its commitment to giving back with a spirit of generosity.

Through the provision of educational scholarships, BRI helps look after 1,800 children of medical support staff in Indonesia. In the education sector, through the Ini Sekolahku Program, BRI is also providing assistance for renovating schools in remote parts of Indonesia, especially in border districts.

In addition, BRI continues to revitalize activities in the tourism industry. Construction of a number of supporting facilities tour in Komodo Village, Komodo District, West Manggarai Regency, and East Nusa Tenggara is one of the concrete manifestations of the realization of this promise.

BRI opens opportunities for people with disabilities to develop their profession. 100 people with disabilities were given internship opportunities through the “BRI Friends of Disabilities” initiative, which partners with regions throughout the country.

BRI is also swift in responding to various natural disasters this year. Through the BRI Disaster Unit, Eagle Team, aid continues to be distributed so that people recover and can return to their normal activities.


PT Rakyat Indonesia (Persero) Tbk or BRI has a banner year. The oversubscribed value and total rights issue reached IDR 95.9 trillion.

The target is that 85% of BRI's total loans will be channeled to small and medium enterprises. BRI's market capitalization reached IDR 648.67 trillion on 13 October 2021. BRI recorded a 34.74 percent year-on-year increase in net profit in the third quarter of 2021 of IDR 19.07 trillion.

Forbes Global 2000 places BRI as the largest company in Indonesia. Bank BRI Cares (BRI) Indonesia has been recognized for its commitment to giving back in a spirit of generosity.

The bank was recently named The Most Adaptive Titan Bank from the 2021 CNBC Indonesia Award and Best SOE 2021 by Investor Magazine.

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