Consistently Bringing Growth to Indonesia, BRI Succeeds with a Profit of Rp. 32,22 Trillion for Q4 2021
PT. Bank Rakyat Indonesia (Persero) Tbk reported a significant profit of Rp.32.22 trillion for Q4 2021, marking a 75.53% year-on-year growth. This success is attributed to strong credit performance, improved collection of Third Party Funds, and reduced interest costs. Lending for 2021 grew 7.16% YoY, especially in the micro segment at 12.98%. BRI maintains a low Non-Performing Loan ratio at 3.08% with robust coverage. The bank also emphasizes sustainable finance, with 65.5% of total credit directed towards sustainable activities.
- Profit growth of 75.53% YoY, reaching Rp.32.22 trillion in Q4 2021.
- Lending growth of 7.16% YoY, driven by a 12.98% increase in the micro segment.
- Low Non-Performing Loan ratio at 3.08% with 278.14% coverage.
- Increased Third Party Funds (DPK) by 7.14% YoY.
- Strong capital adequacy ratio (CAR) of 27.25%.
- None.
JAKARTA, Indonesia, Feb. 3, 2022 /PRNewswire/ -- PT. Bank Rakyat Indonesia (Persero) Tbk (IDX:BBRI) announced the success of closing 2021 with a profit of Rp.32.22 trillion or grew by 75,
"BRI's profit achievement of Rp.32.22 trillion proves that the company consistently creates economic value for all stakeholders in the midst of today's challenging conditions," said BRI President Director Surnarso.
Until the end of December 2021, BRI lending (bank only) was recorded to have grown by
The positive growth was mainly due to BRI's focus on the MSMEs; the micro segment grew
The quality of BRI's loans is reflected in the ratio of Non-Performing Loans (NPL) maintained at the level of
At the same time, Bank BRI has recorded a positive performance collecting Third Party Funds (DPK) that grew
BRI's ability to disburse loans and financing is supported by adequate liquidity and strong capital that was recorded at
As the First Mover on Sustainable Finance in Indonesia,
To support financial inclusion, BRI has empowered over 500,000 agents in Indonesia through AgenBRILink, which came to a great success with a transaction volume reaching Rp. 1,143.81 trillion in 2021.
"We will continue to bring growth to Indonesia. We are strongly committed to maintaining the integration of environmental, social and governance aspects in our practices," Sunarso concluded.
Visit www.bri.co.id for more information about BANK BRI.
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SOURCE PT Bank Rakyat Indonesia Tbk (BRI)
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