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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,...