Bank Rakyat Indonesia
PT Bank Rakyat Indonesia Tbk (BRI) is one of the leading Indonesian commercial banks and the country's largest lender by assets. BRI's business focus is on banking services in micro, small, and medium enterprises (MSME’s). BRI is the oldest bank of Indonesia and was a state-owned company until 2003 when it listed 30 percent of its shares on the Indonesia Stock Exchange (IDX). It is currently one of the largest Indonesian companies in terms of market capitalization.
Profile
Industry Sector | Finance |
Industry Sub Sector | Banking |
Established | 18 December 1968 |
Listed | 10 November 2003 |
Listed company code | BBRI |
Listed Shares | 24,422,470,380 |
Dividend | Yes |
Major Shareholders (>5%) | Government of Indonesia (56.75%) |
Key Subsidiaries | Bank BRI Syariah BRI Remittance Co. Ltd Bank Rakyat Indonesia Agroniaga Ltd |
Stock Quote Bank Rakyat Indonesia - BBRI:
Business Summary
Bank Rakyat Indonesia (BRI) offers a whole range of banking products and services, which include saving products, loan products (particularly micro credit, small commercial loans and consumer credit), e-banking, international business services and Islamic (Sharia) banking.
The company operates seven levels of service offices, consisting of its head office, 18 regional offices, 446 branch offices (including three overseas offices), 545 sub-branch offices, 914 cash offices, 5,000 BRI units, 1,778 teras BRI (sub-micro outlets), and 350 mobile teras BRI outlets.
Bank Rakyat Indonesia's Financial Highlights:
2016 | 2017 | 2018 | 2019 | |
Net Interest Income |
65,472 | 73,005 | ||
Net Income | 26,196 | 28,997 | ||
Income before Tax | 33,974 | 37,022 | ||
Operating Income | 33,963 | 36,811 | ||
Total Assets | 1,003,644 | 1,126,248 | ||
Total Liabilities | 856,832 | 958,901 | ||
Third Party Funds | 754,526 | |||
Non Performing Loan Ratio (gross) |
2.03% | 2.10% | ||
Capital Adequacy Ratio (CAR) |
22.91% | 22.96% | ||
Earnings per Share¹² | 214,30 | 237,22 | ||
Cash Dividend per Share¹² |
428.61 |
2011 | 2012 | 2013 | 2014 | 2015 | |
Net Interest Income |
34,427 | 36,484 | 44,106 | 51,442 | 58,280 |
Net Income | 15,088 | 18,687 | 21,354 | 24,215 | 25,411 |
Income before Tax | 18,756 | 23,860 | 27,910 | 30,804 | 32,494 |
Total Assets | 469,899 | 551,337 | 626,183 | 801,984 | 878,426 |
Total Liabilities | 420,079 | 486,455 | 546,856 | 704,278 | 765,299 |
Third Party Funds | 384,264 | 450,166 | 504,281 | 622,322 | 668,955 |
Non Performing Loan Ratio (gross) |
2.30% | 1.78% | 1.55% | 1.69% | 2.02% |
Capital Adequacy Ratio (CAR) |
14.96% | 16.95% | 16.99% | 18.31% | 20.59% |
Earnings per Share¹² | 628.9 | 757.5 | 865.6 | 982.1 | 1,030.1 |
Cash Dividend per Share¹² |
122,28 | 225,23 | 257,33 | 294,80 | 311,66 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
² numbers adjusted to 1:2 stock split
Source: Bank Rakyat Indonesia, Annual Report 2016 & Financial Statement FY-2017
Projection Financial Performance Bank Rakyat Indonesia (BRI):
2018 | 2019 | 2020F | 2021F | 2022F | |
Net Interest Income | 111,583.0 | 121,756.0 | 119,304.0 | 129,763.0 | 143,423.0 |
PPOP | 59,519.0 | 64,988.0 | 53,731.0 | 61,310.0 | 71,342.0 |
Net Profit |
32,351.1 | 34,373.0 | 23,015.0 | 29,369.0 | 37,352.0 |
Gross NPL | 2.1 | 2.6 | 3.0 | 2.9 | 2.5 |
ROA (%) | 2.7 | 2.5 | 1.6 | 2.0 | 2.3 |
in billion IDR rupiah, except stated otherwise
Source: Sinarmas Sekuritas (20.05.2020)
Location
Contact Details
BRI I Building,
Jalan Jenderal Sudirman No. 44-46,
Jakarta 10210
Phone: +62 21 251 0244
Fax: +62 21 570 0916
Email: ir@bri.co.id
www.bri.co.id