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Bank Rakyat Indonesia Distributes Dividend US$833M

JAKARTA (TheInsiderStories) - The small and medium enterprises lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) will distribute total dividends of Rp12 trillion (US$833.33 million) or 65...

Holding UMi to Attracts 29 Million Customers Until 2024

JAKARTA (TheInsiderStories) - CEO of PT Bank Rakyat Indonesia (IDX: BBRI), Sunarso projected, the new ultra-micro holding (Holding UMi) to attract 29 million customers in...

Singapore’s FWD Financial Holds 30% BRI Life Shares

JAKARTA (TheInsiderStories) - Singapore' FWD Financial Services Pte. Ltd., officially hold 29.86 percent shares of PT Asuransi BRI Life, the management of PT Bank Rakyat Indonesia Tbk...

Bank Rakyat Indonesia Merges with Pegadaian and PNM

JAKARTA (TheInsiderStories) - Indonesia plans to set up ultra micro holding company  (Holding UMi) lead by state lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI),...

Bank Rakyat Indonesia Aborts Bond Issuance, Profit Fell 46%

JAKARTA (TheInsiderStories) - State lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) aborted the bond issuance caused the current liquidity enough to support the loan...

FSA Approves Bank Rakyat Indonesia, Alipay’s Walet Transaction

JAKARTA (TheInsiderStories) - The government' owned, PT Bank Rakyat Indonesia Tbk (IDX: BBRI), has received approval from the Financial Services Authority and Bank Indonesia...

Bank Rakyat Indonesia, Pegadaian, PNM Will Synergizes on MSMEs

JAKARTA (TheInsiderStories) - Three state-owned enterprises (SOEs), PT Bank Rakyat Indonesia Tbk (IDX: BBRI), PT Pegadaian, and PT Permodalan Nasional Madani (PNM) plans to synergize micro,...

Four State Banks Revises Down Loan Growth to Single Digit

JAKARTA (TheInsiderStories) - Four state-owned lenders revised down this year target' loan growth to single digit growth caused the impact of COVID-19. PT Bank Mandiri...

Bank Rakyat Indonesia, Telkom Collaborates on Satellite-based Services

JAKARTA (TheInsiderStories) - Two state-owned firms, PT Telkom Indonesia Tbk (IDX: TLKM) signed a memorandum of understanding with PT Bank Rakyat Indonesia Tbk (IDX:...

Bank Rakyat Indonesia, Telkom Kolaborasi Layanan Berbasis Satelit

JAKARTA (TheInsiderStories) - Dua perusahaan milik negara, PT Telkom Indonesia Tbk (IDX: TLKM) menandatangani nota kesepahaman dengan PT Bank Rakyat Indonesia Tbk (IDX: BBRI) terkait kolaborasi...

Bank Rakyat Indonesia Plans to Convert the Unit Into Digital Bank

JAKARTA (TheInsiderStories) - One of the largest bank in the country, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) is considering to conver one of...

Bank Rakyat Indonesia Berniat Konversi Unit Usaha Jadi Bank Digital

JAKARTA (TheInsiderStories) - PT Bank Rakyat Indonesia Tbk (IDX: BBRI) mempertimbangkan untuk mengkonversi satua anak usahanya, PT Bank BRI Agroniaga Tbk (IDX: AGRO) atau PT BRI...

Bank Rakyat Indonesia Get Assignment to Distributes Loan US$8.68B in Three...

JAKARTA (TheInsiderStories) - Indonesian government assigned the largest small and medium enterprises lender, PT Bank Rakyat Indonesia (IDX: BBRI), to disburse Rp122.5 trillion (US$8.68 billion) worth...

Indonesia’s BRI Ventures Launched Venture Fund Sembrani Nusantara

JAKARTA (TheInsiderStories) - PT BRI Ventura Investama (BRI Ventures) launched an new venture fund company, PT Sembrani Nusantara, said the CEO in a virtual conference on...

Hong Kong’s FWD Group Acquires BRI Life Shares

JAKARTA (TheInsiderStories) - After acquired PT Commonwealth Life, Thai general insurer Siam City Insurance and Vietcombank-Cardif Life Insurance, Hong Kong-based FWD Group now bought PT Asuransi BRI...

Alipay, Two State Banks Run E-wallet in Indonesia

JAKARTA (TheInsiderStories) – Electronic payment provider from China, Alipay, set up a cross border e-wallet with two state-owned banks, said the deputy governor today...

Bank Rakyat Indonesia Wants to Invests in Traveloka

JAKARTA (TheInsiderStories) - State-owned lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) aims to invest in one of unicorns, Traveloka, said the CEO on...

Bank Rakyat Indonesia Issues Rupiah Bond US$354M

JAKARTA (TheInsiderStories) - PT Bank Rakyat Indonesia Tbk (IDX: BBRI) plans to issue local bonds Rp5 trillion (US$354.61 million) in November, said the corporation in Jakarta,...

BRI Ventures Prepares US$250M to Develop FinTech Businisses

JAKARTA (TheInsiderStories) - State-own lender PT BanK Rakyat Indonesia Tbk (IDX: BBRI) investment company arms, PT BRI Ventures Investama prepared US$250 million funds to develop financial...

Change in State Bank Management Led to Chaotic

Jakarta (TheInsiderStories) - Indonesia' State Own Enterprises (SOE) Minister Rini Soemarno held a series of extraordinary general meeting (EGM) of the State banks despite...

Bank Rakyat Indonesia Teams Up with Satkomindo to Launch BRIsat

Jakarta (TheInsiderStories) - PT Bank Rakyat Indonesia Tbk (IDX: BBRI) teams up with PT Satkomindo Mediyasa, a subsidiary of Pension fund of the lender to...

Telkom Indonesia Eyes Various Companies to Strengthening the Business

JAKARTA (TheInsiderStories) – Indonesian telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) admitted has joined other cellular provider PT Indosat Ooredoo Tbk (IDX: ISAT)...

Bank Rakyat Indonesia to Issues Bond US$1.38B, Eyes General Insurance

JAKARTA (TheInsiderStories) - State-owned lender, PT Bank Rakyat Indonesia Tbk (IDX: BBRI) plans to release sustainable bonds as much as Rp 20 trillion (US$1.38...

Sunarso Reappointed as VP Director of Bank Rakyat Indonesia

JAKARTA (TheInsiderStories) - Indonesia's State Own Enterprises (SOEs) ministry reappointed Sunarso as vice president (VP) director of PT Bank Rakyat Indonesia Tbk (IDX: BBRI),...

Indonesian Lender to Raise US$500M from Global Bonds in Q3

JAKARTA (TheInsiderStories) - State-owned lender PT Bank Rakyat Indonesia TbK (IDX: BBRI) will issue US$500 million global bonds in third quarter this year, aims to...

BRI Net Profit up 10.7% to Rp29.04 Trillion in 2017

JAKARTA (TheInsiderStories) – State-owned lender PT Bank Rakyat Indonesia Tbk  (IDX:BBRI) booked net profit of Rp29.04 trillion (US$2.2 billion) in 2017, increased by 10.7 per...

Major Banks Report Strong Jan-Sept Performance

JAKARTA (TheInsiderStories) - Indonesia's large banks have disclosed their financial results for the third quarter of the year. Several State-owned Enterprise (SOEs) banks recorded strong performance,...
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