Return on Equity Soars to 21% as BRI Shares Hit All-Time High Again
- BRI reaches all-time high in share trading, with shares reaching IDR 5,500 per share
- BRI aims for a targeted ROE of 19% by 2025
- None.
On 19 May 2023, BRI achieved an all-time high with shares reaching
BRI President Director Sunarso emphasized that this achievement signifies investors' acknowledgment of BRI's commitment to growth. The establishment of the Ultra-Micro (UMi) Holding through a rights issue in late 2021 has strengthened the company's capital. Additionally, this corporate action injected an additional
"Our capital adequacy ratio (CAR) is
As BRI focuses on the MSME segment, the company faces a distinct challenge. "The primary obstacle lies in effectively leveraging its capital. Thus, BRI's main challenge is to leverage its capital through three things: growth, growth, and growth."
Two years since the rights issue and the establishment of the UMi Holding, BRI has proven its ability to grow. Currently, BRI's CAR is considered adequate at
Concluding his remarks, Sunarso stated, "I do not believe there is any bank worldwide that can achieve a CAR of
As an overview, BRI's ROE was approximately
More information about BRI can be accessed at www.bri.co.id.
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SOURCE PT Bank Rakyat Indonesia Tbk (BRI)
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