Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance Fundamentals [Yahoo! Finance]
BANK RAKYAT UNSP/ADR B (BKRKY)
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Source: Yahoo! Finance
and domestic economic challenges, achieving a net profit of IDR 45.36 trillion in the third quarter of 2014. At the financial performance press conference on October 30 , BRI President Director Sunarso said, "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, an 8.21% year-on-year growth, of which 81.70% ( IDR 1,105.70 trillion ) went to the MSME segment. This growth also increased BRI's assets by 5.94% to IDR 1,961.92 trillion . "BRI is here to empower MSMEs as a crucial pillar of national economic growth," Sunarso explained, emphasizing the bank's role in building an inclusive economy. BRI also improved asset quality, with NPL falling to 2.90% and LAR to 11.66% by Q3 2024, driven by disciplined risk management and an early warning system. The bank strengthened its reserves with an NPL coverage ratio o
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- Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance FundamentalsPR Newswire
- Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance FundamentalsPR Newswire
- Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance FundamentalsPR Newswire
- BRI's Ultra Micro Holding Marks Three Years, Serving 176 Million Customers and 36.1 Million BorrowersPR Newswire
- BRI's Ultra Micro Holding Marks Three Years, Serving 176 Million Customers and 36.1 Million BorrowersPR Newswire