Achieved IDR 45.36 Trillion Profit in Q3 2024, BRI Strengthens Performance Fundamentals
BANK RAKYAT UNSP/ADR B (BKRKY)
NASDAQ:AMEX Investor Relations:
ir-bri.com
Company Research
Source: PR Newswire
JAKARTA, Indonesia, Oct. 31, 2024 /PRNewswire/ -- PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) maintained its strong performance amidst global 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
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