JAKARTA, Indonesia, Oct. 31, 2024 — PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) has maintained its strong performance amidst global and domestic economic challenges, reporting a net profit of IDR 45.36 trillion in the third quarter of 2014. At the financial performance press conference held on October 30, BRI President Director Sunarso stated, “This achievement is a result of BRI’s consistent focus on strengthening performance fundamentals and implementing strategic responses to manage market dynamics.”
By September 2024, BRI had disbursed IDR 1,353.36 trillion in loans, representing an 8.21% year-on-year growth. Of this, 81.70% (IDR 1,105.70 trillion) was allocated to the MSME segment. This growth also led to a 5.94% increase in BRI’s assets, reaching IDR 1,961.92 trillion. “BRI is committed to empowering MSMEs as a key driver of national economic growth,” Sunarso explained, highlighting the bank’s dedication to building an inclusive economy.
BRI also showed improvement in asset quality. NPL fell to 2.90% and LAR decreased to 11.66% by Q3 2024. This positive trend was driven by disciplined risk management and an early warning system. The bank further strengthened its reserves with an NPL coverage ratio of 215.44%. “BRI has implemented a comprehensive range of risk mitigation measures, from selective growth to proactive credit monitoring and collaborative problem resolution,” he emphasized.
On the liabilities side, BRI secured IDR 1,362.42 trillion in third-party funds (DPK), reflecting a year-on-year increase of 5.59%. Low-cost funds (CASA) dominated at 64.17%, up from 63.64% the previous year.
A key factor driving BRI’s growth in low-cost funds is its digital transformation through the BRImo super-app, which provides convenient and accessible banking services anytime, anywhere. By September 2024, BRImo had reached 37.14 million users, with transaction volume showing a 35.20% year-on-year increase to IDR 4,034 trillion.
BRI has also expanded its hybrid banking services to underserved areas, with over 1.02 million BRILink agents in 62,227 villages supporting national financial inclusion. From January to September 2024, these agents facilitated IDR 1,170 trillion in transactions, resulting from 859 million interactions.
Furthermore, BRI’s performance in Q3 2024 is underpinned by robust liquidity (LDR of 89.18%) and capital (CAR of 26.76%). “Moving forward, BRI will prudently manage liquidity to ensure readiness for both global and domestic economic challenges, thereby providing room for further growth,” Sunarso added.
“BRI is confident of concluding 2024 on a positive note, focusing on strengthening its fundamentals and building resilience to overcome global and domestic challenges,” Sunarso concluded.
For more information on BRI, please visit
Photo –