BRILink Agents Continue to Promote Financial Inclusion in Indonesia
PT Bank Rakyat Indonesia (Persero) Tbk reports a significant contribution to financial inclusion in Indonesia through its BRILink service. The number of BRILink Agents exceeded 503,000, facilitating 929 million transactions in 2021. This initiative has generated IDR 1.35 trillion in fee-based income. Additionally, 65.5% of the bank's loan portfolio, totaling IDR 617.8 trillion, now adheres to Environment, Social, Governance (ESG) principles, demonstrating a 12.2% year-over-year increase. The program supports local economies and promotes digital banking access.
- Over 503,000 BRILink Agents facilitating 929 million transactions in 2021.
- Fee-based income of IDR 1.35 trillion generated through BRILink.
- 65.5% of BRI's loan portfolio (IDR 617.8 trillion) adheres to ESG principles, increasing by 12.2% year-over-year.
- None.
JAKARTA, Indonesia, March 30, 2022 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) continues to encourage financial inclusion in Indonesia through various services. With AgenBRILink, BRI facilitates people in remote areas to get banking services, aligning with the Financial Inclusion priorities of the G20 Indonesia Presidency in 2022.
The number of BRILink Agents reached more than 503,000 with 929 million transactions in 2021. These agents have contributed to the sharing economy system by 2-3 times of the fee-based income of IDR 1.35 trillion received by companies through BRILink.
Ahmad Solichin Lutfiyanto, the Compliance Director of BRI, explained that this effort was presented by BRI Mantri as a digital instructor. "They are micro marketers who go to communities providing education to financial literacy."
BRI Mantri has reached more than 69,741 villages in Indonesia with more than 31,000 Mantri. Furthermore,
The economic potential contributed by the agents was further proven by Deska, a BRILink Agent from Sengkol Praya Unit, Lombok. With her grocery stall business, Deska's average transaction reached 4,012 and sales volume amounted to IDR 8.2 billion in February 2022.
Dewi, a BRILink Agent Owner, admitted to receiving numerous benefits being a BRILink Agent and an income of IDR 20 million while helping small businesses in various financial transactions, both cash deposits and withdrawals.
People make transactions and deposit cash during the corn harvest season where BRILink Agent becomes an extension of BRI in giving customers access to digital services.
BRILink, with the members of the Ultra-Micro Holding (UMi), PT Pegadaian and PT Permodalan Nasional Madani (PNM), continuously accelerate services through the Co-location of Ultra-Micro Service Centers (SenyuM).
SenyuM enables the public to access business credits, BRI Simpedes UMi Savings, pawn loans and gold savings, and back-office services to support transaction needs of the Mekaar PNM members.
With SenyuM customers of BRI, Pegadaian and PNM can make transactions in one place. For BRI customers who want to pawn or open a gold savings account can use SenyuM as well.
SenyuM's Ultra Micro Service Center, a combined-office of BRI-Pegadaian-PNM eases customers of those companies to make transactions.
Information about BANK BRI can be accessed at www.bri.co.id.
View original content to download multimedia:https://www.prnewswire.com/news-releases/brilink-agents-continue-to-promote-financial-inclusion-in-indonesia-301513926.html
SOURCE PT Bank Rakyat Indonesia Tbk (BRI)
FAQ
What is the significance of BRILink Agents for financial inclusion in Indonesia?
How many transactions were conducted through BRILink in 2021?
What percentage of BRI's loan portfolio follows ESG principles?
What was the fee-based income generated by BRILink?